₦airaland Forum

easimoni:
FCMB never begin. THere are 4.5B shares waiting to be added from the PO (assuming no oversubscription)

[quote author=upward link=topic=31554.msg1906567#msg1906567 date=1201789447]@All, Nigerian Stock Exchange has today added 900 million ordinary shares to the number of shares outstanding in favour of First City Monument Bank Plc. (FCMB) following the placement of their GDR.
Hey-y, how is this going to affect the share price.
FO2 you were recommending this stock but it seems like it's not yet time to enter.

[/quote]Does anyone have the GDR prospectus?

How different is the FCMB GDR to Diamond's GDR.

bigjay01:
e be like say elephant weight de worry am small, it lost 1.61 2day.

Thanks Roughcut

@Bigjay, has FBN listed the additional shares?

@All
Anyone watching ABC been gaining consistent for past 3 days, any news?

Anyone seen today' result?

FatherOF2:
E be like the guy when just lost Societe General money don join this thread oh.

I don talk am say LSE, Dow Jones don land NSE. And now Societe General plus including the additional addition(s) of N40mil guy 

Everybody wan grabdaloot on NSE, you are all welcome to the party.

yodiyokun:
A lot of stocks are on BID -- are we witnessing the start of another bull run?

or whats up? handful of stocks are on offer?

Are we seeing the January allocation in action?

My Theory
LSE and DOW money don land for NSE o, insurance speculators wan double their money by fire, by mopping.

dollarmani:
Reuslts at last have been posted on Nigeriansecurities

http://www.nigeriansecurities.com/dailyposition.php

Has anyone seen the dividend and the bonus tracking system they have introduced on Nigeriansecurities. They are evidently the site to subscribe to.

Maybe i am just lightheaded as my portfolio on their site shows a green day for me

Not only you it is the days of Sugar on NSE. I am going home on a green note.

Question
Why is half of the insurance companies coming to market at a time when people's money are tied between the elephant and the Ocean.

ololufemi:
@ Fatherof2 and all the gurus
Your humble boy wants to know where he can put his dangote return money for the best and quickest return possible.
Short of ideas for now or should I say I am confused about where to put this money.
Thanks.

@Ololufemi I am sure it's more like you confused you want to hammer big time once and for all 

tboy1:
Thanks 4 your reply,here's what i've got so far:

ECOBANK
STERLNBANK
INTERCONT
OCEANIC
FIRST BANK

ECOBANK -
STERLNBANK -
It is a tough market to prove their worth, don't know what the banks above have been up to or if they can step up game.

INTERCONT - Just not a bank I will buy

OCEANIC - Ok if you are a long termer
FIRST BANK - Ok if you are a long termer


P.S - I am more a long termer, sure the likes of pumping & easimoni can supply numbers and stuff
While Wendy & Wanjao will give you the inside gist of what goes on behind the bedroom

tboy1:
@dollyp1cute /wanaj0

I've got a couple of shares last yr and so far the profits looks good for now. Now i'm thinking of getting skyebank shares- do u think its a good buy, because i bought some bank shares last yr and some r not doin well at all.

Thanks

Of course Skyebank is a good buy, whether you can get them is another matter. If your broker can get you some let me know.

Which banks do you have in your portfolio.

Any one got today's market view

kc08:
I AM STILL WAITING AND WILL KEEP ASKING, I BEG make una through me some words, which guru is out there to share a few tips on what i can buy at the 4-9 naira bracket with this delayed money from Dangote fl returns. time is flying fast to think out something for my broker tomorrow

Bros read the last 10 pages of this thread, you will find more than enough tips

Unic
Lasaco
Mutual Benefit
Law Union

Be careful of Tech Suspension unless you are ready to wait
Chellarams
C and I leasing - wait a bit

Seems you are limited to Insurance anyway with your 4-9 naira range.

Look before you leap, happy investing

eniyanman:
Ha, I see. Where can I get this legal document? My bank always sends me confirmation of the transfer. Is this sufficient? Thanks for this info,

It depends on how much you want to send to them, I think you only need it if it is over £8k or £10k. You need to get this from the Customs side of your abode.

Easier route send money via western union and get one of your folks in nigeria to go and pay the money to them.

The CIC is a long process.

@Lawyer

Shuo all this energy just to prove you are IN CONTROL, dayum talk about overcompesating .

Walahi if after all this sermon it turns out you are not Gani Fawehinmi you should go and fast and pray for 40 days mehn.

Better still use all that essay writing technique to further your education. Maybe then you will get a job at the Magisterate court.

wanaj0:
Me I enter with economy come upgrade to First Class. Right now, na co pilot I be. First to enter and last to disembark!!!! Come rain, come shine we dey. But for the passengers, you can highlight at the next stop. For me, na final destination!!!

Young shall grow, that is all i will say, all of me that only got the sit to the bathroom, land us safely Wanjao.

Anywayz I know you are not a bomber so I fit sleep.

Is there any indication Unic will be going on T.S soon.

frankiriri:
Hi all.
I know I have been MIA.  Na work pressure and an unfortunate accident way happen towatds the end of last year. My younger brother was gunned down. These issues  has turned me to one of the silent readers.

@Frank
Eh ya, so sorry to hear that, God will comfort you and the family.

ACL:
HELP HOUSE
wanajo,rough.easm,FO2 ,Wendy,invisible
This is really important. My friend gave my stockbroker half of her PENSION/GRATUITY money to do short to medium time.
my broker bought AIICO & LASACO.
aiico has been on TS but we are waitng, please do u know if LASACO is also going on TS.
i don't want to be in trouble if she wants to collect her money before end of TS. (SEPT 2007 to MARCH 2008 )was the agreement with my broker & he promised 60 - 70% return.

Read the post from @drdaniel above.

Most insurance companies will go to the market for PO. Give your friend the info and tell her there is a high likelihood the stock may go on suspension if she gets jittery then she can sell LASACO. If she wants to wait then you have no wahala.

@ALL
Picture this 50% of insurance companies goes on technical suspension, everybody is singing that Insurance will double this year even the most unlikely person told me this yesterday.
Personally I don't see any value in insurance companies at the moment except that you get more units with 100 naira.
Shine your eye and take strategic entry and exit positions. INSURANCE WILL ROCK THIS YEAR.

The engine of PHB has been loosing steam for a while now ke, it's not helped by the Tribune / no Tribune news. _{Although I am not on board sha, my stubborness no fit gree me board that plane.}

The Tribune news sounds very much like farce, I mean does that mean banks that have bought other banks will defragment or what.

I see everybody dey dish advice to the 40m naira guy, again it goes to show that MONEY TALKS. @WANJAY carry on, it looks like you also have enough knowledge of the market. You are a good friend indeed many will not bother to advice their friends like tha.

The blood flow today is another man's opportunity to buy.

Does anybody know if the FCMB shares have been added.

pumping777:
Na ya own equation be that o

Now we are talking, eeguun of NSE has landed

Mariwo:
My brother, thanks for asking. I've been buried at a customer site due to a critical project escalation. Still on but got some breathing space today.

okay o, so Mariwo = Pumping, next we will now be seeing eeguun .

Lovers of DSR allow me pass before you start name dropping here o.

For guys wanting to know which insurance companies are likely to be coming out with PO, see below _{(got info from cashcraft)}

"As a result, a number of the underwriting companies has concluded arrangements perhaps awaiting regulatory approval to launch out before the end of the first quarter of this year. In the league include Niger Insurance Plc, AIICO Insurance Plc; Sovereign Trust Insurance Plc, Linkage Assurance Plc among others."

Naijadr:
nigeriansecurities is great, I'd pay for their services, things like these are worth paying for especially as market gets bigger

Don't start inciting them yet, they still need to prove their service especially in terms of daily price reliability.
Don't know why they should charge anyway there are many free sites like that for other countries markets.

Revenue should come from the companies advertising with them.

@Akptogun, I see your questions have been answered about LSE.

There is also the options of CFD or Spreadbetting (margin trading) but of course LSE is a bit of unstable ground for now.

If you have the right info on LSE there are veeryy decent gains to be made, not as mad as NSE but decent all the same.

Na wa o 40m @ 21% add the 5% for the buying and selling, you need the minimum of 40% profit.

So which site has the correct price today o

crazyT:
Baba Tobi, the thing dey fear me o. Bought about 1m units before the TS @ 6.02 and see me see wahala the thing don pass 100% Abegi God too much for me.
Capoil too no wan hear, bought @ 0.33kobo

Did I hear someone shout Halleluyah!!!

HALLELUYAH

efuah:
This means that most guys don't love. . . u pretend to love, but u never do. . . such is sad
av always known this that guys/men hardly love, they always pretend to please. These are the same people who will accuse that ladies of today r worse. May God have mercy on us all

Of course they do. Their way of expressing it is just different.

dakmanzero:
@efuah
men do love. You chicks just don't call them men. You call them mugu

It goes both ways

Generally the human race today are lovers of themselves so we can't point fingers

wanaj0:
Just looking out for my bomber friends to ensure that they make a safe landing. Since I recommended Vitafoam and BOC it is nice for me to also put them at alert as per landing safely in the midst of the storms.

Me I sell when I need money or when I consider the stock over valued. Don't have the time and energy to be doing day to day monitoring. Also, I don't trust brokers to be efficient in their execution of trades. So, I don't bother myself.

Ditto. Moreso for someone who is not on ground _{like moi}

aktopgun:
1382 trades on equity ins. what gives?

Can only say someone knows something.

If someone that does not know the something or validity jumps on board it is called speculative buying which often has high rewards but may also have high loss.

wanaj0:
BOC's result is due this month so, time to get ready to pull the parachute.

OandO also is not joking again OOOO.

Since when did you start using parachue or are you now a bomber

Ben0524:
Pumpin777, Fo2, Easimoni, Aktopgun,Wendy Et'al.

1, Please, can you tell when DANGOTE FLOUR MILL will be listed?
2, What do you guys fill about about INTERNATIONAL ENERGY INSSURANCE?, i bought 15,000 Unit before the reconstruction and now
    myholdings is just 5,000 Units how certain can it get to my exit point of N15?
3, Should i still hold my UNITY BANK or i should just sell it? and when are they likely to do their P.O?
4, When will the ACEN INSURANCE approach the market again? because i am set to join the train, i don't want to miss out as i did with
    INTERNATIONAL BREWERIES?

To all GURU'S in the house.

1. Check the prospectus, date is usually there.
2. Nothing is certain on NSE, so decide if you have made enough profit, if yes sell, if not risk it and wait you may make more.
3. You can wait till next week but don't be caught unawares. Again Sell if you made enough profit "No one knows the hour or date it will go on technical suspension".
4. "No one knows the hour or the date they will go to the market"

Unless a company announces or you are an insider, no one ever knows when any stock is going to the market (most often you hear the rumour sha).
Keep your ears to the ground, read proshare, nigeria securities e.t.c and ask your broker to be on the lookout (if he/she is reliable).

FatherOF2:
I still dey wonder whether na woman write this thing,so strong.

She go saaaaaaaaaayyyyyy, she go saaaaaay I be[b] LADY [/b] O (Insert Fela tune).

Meanwhile let me get serious, I am suppose to analysing _paralysing for my NSE shopping list, _{since I don sell most LSE}.

windywendy:
meaning??

He sold some @ profit so  , wish I had sold all off  , well such is life  , shuo you mean it will hit N2   , well no shakin  etcetra

PUMPING AM I ON THE RIGHT TRACK

windywendy:
Hehehehe   . Ok o, make you dey exercise your right to greed well well. But no dey there too long oh, there are other opportunities to take advantage of. My broker was just telling me that a single individual placed an order for like 30m units of one of the insurance stocks today   . Thankfully, he was able to get me my share before the yeye moneybag individual made the price go sky high  

You sure that single individual is not FO2  

Ok keep on seeing like I said, I don siddon on board before both of you saw whatever you saw .

So hop on and take aisle seat, cos the window seat is already occupied. - lol

pumping777:
Tomorrow is good to enter Union homes o. Check it out yourself and buy your tickets at a ticket master near you.

On what basis, just curious _{(p.s already I am already on board)}

bigjay01:
I still de carry my own excess baggage of 100kg. I think I'll have 2 wait for a very very long time, but I am geared up 4 it. Miracles still de happen

True Words, once you are geared up for the wait.

If Afriinvest report is anything to go by, Wema may be swallowed up.

But if you already have a fat profit try selling @ market price from the day the tech suspension is lifted.

It's a long shot but you can try.