₦airaland Forum

What i am still trying to find out is the stockbrokers on the list, i mean if mine is one them, then am i going to suffer the consequences i.e not being able to buy or sell.

NSE suspends 50 stockbroking firms
Posted Thursday, June 21, 2007
The Nigerian Stock Exchange (NSE) yesterday suspended indefinitely 50 stockbroking firms for unwholesome practice in the sale of 400 million shares of NASCON Plc. Dr Ndi Okereke-Onyiuke, Director-General of the NSE, who broke the news in Lagos did not mention the affected members.

Unconfirmed reports equally alledged that about 200m units of the shares were reserved for 'interested parties' and could have been the reason why these firms were suspended.

It will be recalled that NASCON shares of about 400m units were offered for sale on 1 day - Friday 15th June 2007 because of the rule that no one person can own 75% of a listed company. Thus Dangote Industries had to give up some of its shares to comply.

I CAN IMAGINE CASH CRAFT WILL BE ONE OF THEM.

So what the heck are you two doing together in the first place, i thought that it is beauty that attracts you first and then you discover the qualities.

You have serious issues man because this is upside down pssst.

AMEN TO THAT.

THAT IS WHY THOSE STUPID IDIOT FOLKS TOOK HOW MANY WEEKS TO BUY MB FOR ME AND WHEN I MADE SOME NOISE THEY WERE ABLE TO BUY MORE UPON THAT THE SILLY FOLKS KEPT THE CHANGE OF 90K AS CASH O.

NOW I HAVE SEEN FIRST INLAND BANK BEING BOUGHT AND SOLD ON MY ACCOUNT AND HAVE CALLED FOR THEM TO RECTIFY T[b]HIS IS DAY 7 AND WE ARE STILL COUNTING.[/b]

I FEEL LIKE AAAAAAAAAAARGGGG .

ANYWAY I AM HAPPY I AM NOT THE ONLY ONE IN THIS PALAVA.

MEANWHILE THE ZENITH FOLKS NEED N5M THAT MEANS A TRIP TO THE LAG CITY HOW AM I SUPPOSE TO GET THAT ACROSS. OH FOR THE LOVE OF GOD HELP ME GET SOMEONE WHO KNOWS WHAT THEY ARE DOING AND WILL NOT BE KEEPING MY CASH FOR THEIR OWN PERSONAL USE.


SHALL I GO ON?

SO I GO ON NSE TO CHECK THE CSCS THINGY HALF THE TIME THE NSE SITE IS DOWN, A WHOLE NSE (THEY NO GET SHAME) AND I FINALLY REGISTER WAITING FOR SOME ACKNOWLEDGMENT OF REGISTRATION NO SHOW, SOMEONE HELP ME HERE.

I CAN'T LEAVE MY JOB TO GO TO LAG O SORT THIS OUT.

MEANWHILE I GAVE A FRIEND SOME DOSH TO BE ACTING ON MY BEHALF BACK IN JAN AND APPARENTLY SHE BOUGHT SOME FIRST BANK, TRANSCORP AND WHAT'S NOT FOR ME OK, NO BIGGY, SEND ME THE DOCS AND MY CSCS NO COS SHE SUPPOSEDLY OPENED A BROKING ACCOUNT FOR ME, T[b]HIS IS DAY 25 AND WE ARE STILL COUNTING.[/b]

FORGET CASHCRAFT AND AFRIINVEST THEY HAVE NO COURTESY OF REPLYING TO COMMON EMAIL.

WHITELEXI MY MOTHER LAND DISAPPOINTS ME SO MANY TIMES I THINK I AM DISOWNING THEM

What do you think of mutual benefit?

fromuk:
No such name like A3union in the companies house data base, how come!!!!!!!!!

you lot are smart o no mind them dem think say na olodo we be for nairaland

easimoni:
Try my brokers, Lead Capital. Website is www.leadcapitalng.com

They require N1m and they allow online monitoring on a daily basis. But expect poor service (2+ days to execute an order) and ZERO analysis.

@Easimoni,

Squash that, Leads are taking like 3-4 days now to get back to you o, they are really posing these days for me.
Took me raking on the phone before they could get me Mutual benefit, and they been showing funny transactions on my account. It's taking them forever to reflect deposit paid to my account.

But compared to cashcraft sha they be Oga.

Panadol:
Zenith Securities is N5 million
FSDH is N5million
BGL is N5 million

So all the brokers want N5m abi . , their mouth like N5m.

easimoni:
Yes it does.

@Easi, thanks

So which stock can i buy with the N5m to give me N7.5m by Christmas and I am not ready to tie my money down on all this IPO hen.

You need no minimum amount to get a stockbroking account in UK, you can buy shares from £50. Stock can make you money and yet they are making it difficult for the common man to start investing.

I love my country but their ways and backwardness is aaaaaaaaaaargh.

When are we ever going to learn ^{Dollyp talks to herself "breathe girl, breathe you are talking about Nigeria here, chill out, it's not worth it2}

Right back to stocks, i suppose money to buy IPO from the broker will also count towards the minimum abi it is not so/

Frank let me get this straight, the club has been incorporated as a company right or is the club operating within the company you have set up.
I am not good with following the yahoo group message it sends me the digest but the info is mixed as i am not sure which information is recent e.t.c

@Frank so why are you slow to hook me up with Zen, sort me out mate, will mail you.

@Obamedo you took the words out of my mouth, there i was ready to deposit sizeable amount with this Cashcraft people based on the fact that i was told they are focussed on asset management, have good website blah blah. So i sent email for someone to get back to me as i need a point of contact o true one Sunday guy got in touch after about a week or more and he has not replied my further queries since May 25th. Anyway he can forget, I can imagine what it will be like when i have now made the deposit .

I have stayed with my original broker jeje at least he gets back within 3-4 days.

No wonder people are wary of investing in Nigeria.

@FRANK - IBTC stockbroker requires N10m to open an account with them.

Abeg what is the minimum with Zenith

wanaj0:
Which reasonable person will buy Access bank at the price that you intend to sell especially now that it is on Technical suspension. How I wish people get to undertsand that the prices of some stocks are moving based on the activities of the market maker/core investor. Once they move out of the way, you will be out and dry. That's why companies like Afro Oil, Wire and Cable, Afprint etc with no sign of productive activity are having price movement. Once the market maker stops the 'artifical' movemnet, try selling and see what will happen!

I love it when people on this thread have taken the time to investigate the shares they are buying at least to a certain degree, yet again i see a lot of people hoping to DOUBLE money asking for stock tip like no man's business.

People I hope y'all have your strategy and spend some time to read about the companies, it is your money you are investing not someone else's and the information is out there just search and by all means google away.

Allcorrect:
@dollyp
You are very very lucky, I deposited money for like 10 days for my broker to get me Oceanic Bank but not available, so when i saw the thing getting to N24 I just told them to buy me C & I. I think You are very luck indeed. Will You sell some to me.

Was not me that got the shares , twas nazzyon see post above.

As per Access bank, I am just not interested to tie my money down for 6 months, how many banks have come to the market this year, UBA, OCEANIC, FIRST BANK, so I'll pass on this one. I am not even checking fundamentals .

nazzyon:
Bought some Oceanic share today. Hope fully it will yield to my expectation.

Who is your stock broker if i may ask, that stock is supposed to be like gold at the mo

I am wearing fig leaves

Allcorrect:
By the Way what is the meaning of [size=8pt][16/size]TMONI

Too much Money

Savvy explain yourself now, what in my posts made you to think like that ehn, we are talking stock you are talking couple , 4 real.

abenaair:
Absolutely. The whole world is buying their cars from the US. Are you thinking of getting a new or used BMW?

My brother intends to go the US to get his personal car, which state do you advise he go and do you any good contact that sells good cars to get value for his money.

Tmoni:
@dollypcute,
N1 change in the stock price of any security i own goes a long way in determining what my portfolio is worth so i always hv to get a rough idea of what next to do.
eg, if oceanic doubles the PO price, i make about N3m, so every naira gained or lost is golden

Tmoni you are trying me o N3m kilode, is it only you, you made like N1m for access you should have enough money by now to retire. Please move and let us thousandnaires make some dosh.

How much are you staking in 1st bank?

Tmoni:
any news on the just concluded PO,
called my brokers and i was told story story,
i guess i rely on this site more

What exactly is the news you want to hear?
I have a feeling you sleep with one eye open to watch your investment, the PO barely closed about 2 months, experienced gurus have said it will take from 5-7 months even with the electronic certificate, furthermore someone has answered on this thread that over subscription will be absorbed (how true that is me no know).

No wonder your brokers are giving you stories, it's because you have itching ears

If what you hear is in line with the word of God and you have a peace in your heart which is unexplainable then it is God. When God has spoken to you, you are no longer confused, God's voice just settles it just like pmdaboh said about her experience when she was going to Nigeria.

Even if there is a danger ahead and God speaks to you, you will have his peace and his assurance that you will be victorious.

Please understand that God will speak only if you are willing to Obey and you must obey the last word he gave you before you move ahead.

Guess what even i am being blessed as I write this.

Based on the current economic climate how much do forecast the rate of naira to pounds in the next 5-10 years?

Matured26:
WHAT ARE YOU GOING TO DO FOR US?
-Please what can you do for them. If I give you answers, that will be for me and may not suit you.

WHAT IS A MECHNICAL ENGINEER COMING TO DO IN A BANK?
-Mechanical engineers are responsible for things that have to do with motion. When machines are not moving, a mechanical engineer is the solution. When machines are moving, a mechanical engineer is responsible for keeping it in motion.
I'm choosing to look at your bank as a machine in motion. As a mechanical engineer, I can contribute my quota to the smooth running of the bank and you can be rest assured that indicates my unwavering and unflinching interests in keeping organisations running smoothly.

WON'T YOU BE BETTER IN ANOTHER FIRM?
-Yes I could be better in another firm, there's no doubt about that but I believe that your bank is also a good company and it wouldn't be a bad idea starting my career from here.

WELL MATURED26 I AM IMPRESSED YOU'RE HIRED

segoye2:
Ewo, eni ba ro ku ro mi, ko gbe omo e dani ma relocate lo sorun .

Kini ma se bayi? kini kin so fun? ani esi wo ni kin ko si baba ode yi? emi ati omo en gbadun, owun soro jabajaba, se bi orobo omo e lon wa gbesi temi? well, odabi enipe mo ni lati salaye fun baba omo to fun mi ni pormo bi sogbo e ti se sele, ebi mi de ko ooo, e bi oyibo ti mi o gbo ni i. nitori omo yen pariwo, oni bros segoye2, usee itt tooo rubbb itt, ni gba ti mo de gbe si enu iho, nise lo lanu, logbemi, gbogbo ibe ba fee, sugbon otun wan pariwo, hooo; is enteringggg, nise lemi forgetted wipe lasan ni mon se lai si roba, mo tie ja epo sinu ibe, erun ba mi oooooo,

Kini kin so fun babi yen, kini kin ko si baba ee, ejoo eko ni ede yoruba at ni ede abinibi.

ehnnn, Wa_Do_Mio, se obo e o yun e mo? O tie da mi lohun ti oba je orobo tabi igi ishana. Sugbon tori omo oduduwa ni ee, oye ki obo e dun jinajina. Obo gbogbo awon omo nna ti owa ni agbegbe mi man dun nadu nadu. Omo aboki ti mo na ni egba ni ose to koja ti n temi lago wipe, owun ti rechargii ibe, owun de ma fun mi tan ni ote yi, emi kedere, I no de tire!.

Si Isrealite,

Emi o mo itan ile yoruba, sugbon mo mo pe ninu film ODUDUWA 1 & 2, ti e ba raa emo itan eni ti o bi ta ni ta ni, ni ile O'dua

E ati se, oro iku we, ki la gbe kilagbin, ki se amodun oyeye iku ye lori gbgbo wa. O se mi ni kayefi awon oro kabikabiti ti awon elegbe mi nko si inu tiredi yi.

Sugbon e da ekun isokuso nibi yi, aye miran wa ti e ti leso oro yi.

Ogbeni segun lo ti owo omo e bo aso, abo oro ni a nso fun omoluabi.

Even though the vows you take say for better for worse e.t.c, unfaithfulness in any ramification is a serious issue.

We are not talking of the guy being broke, loosing his job, having a deadly disease (by the way he needs to check himself, you never know) we are talking of seeing him in the act with another on your bed

Once you have caught him in the act you can not fool yourself any longer and it is obvious that he has been doing it for long while to the extent that his folks have told you about it. Now to add pepper to injury on YOUR MATRIMONIAL BED, what was going on in his crazy head, sorry i got carried away.

That just suggest to me that he has no respect for you 1) it is not one off and not the first time 2) it is with a regular partner not a random girl where you can comfort yourself that he may never see the person again 3) it is on your Territory.

Girl you can not just forgive and move on, a lot of women make that mistake, and they carry the wound for years hurting the man time and time again for something he has forgotten about.

Give yourself time, keep him in view but at arms length (don't keep him too much out of sight if you want him o, there are some hungry lionesses out there), both of you need to go for counselling and learn to build trust again, ask him to prove to you that he is worthy to be taken back and that he has learnt his lesson and respect you. That is where counselling comes in s

Don't just go back because you are married you may end up being miserably married for a very long time, and God help you if he does it again.