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EDUECO's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 7:15pm On Mar 30, 2016
kaboninc:
Whats your point really?
The separate listing of Transcorp hotels is not right!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 6:21pm On Mar 30, 2016
theeagleonline.com.ng/shareholders-challenge-sec-nse-over-transcorp-hotels-ipo/ Read this and then you will find out why the separate listing of Transcorp hotels is shady.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 5:59pm On Mar 30, 2016
Intendy:
maybe uacn,uac properties and cap will answer the question.
all used to be under one conglomerate
Probably for efficiency .
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 5:48pm On Mar 30, 2016
mercylicious:
I know, but I hope it will be delayed so that I can enter.
Alright!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 5:25pm On Mar 30, 2016
mercylicious:
Let's see how low fidelity can go.
I need it at 1.25 . I want to ji @ DT price b4 result is released.
The result will likely be released tomorrow,it may not get lower than 1.30.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 5:09pm On Mar 30, 2016
kaboninc:
shocked shocked shocked shocked shocked shocked

Are you serious?
What is the reason for the separate listing?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 5:08pm On Mar 30, 2016
NuttyChoky:
Nna ... una type of DD for this forum dey fear me O!

Read the financial statements sir... Transcorp owns 83% of Transcorp Hotels, in effect the hotels is a subsidiary and it is consolidated as part of Transcorp's numbers

There's a note on segment information that breaks out where they are losing money (Agric etc) and where they are making it (hotels etc)
Why was the hotel listed as a separate entity? Please,I need answers from the house.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 4:35pm On Mar 30, 2016
lancee:
1.00 ..I wish

fbnh fight till finish grin
Don't ever underestimate the elephant! FBNH is a 'big boy'.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 4:26pm On Mar 30, 2016
Intendy:
@ mercy look @ the result and compare to my post on February 24.
I'm neither a prophet nor claiming to be something.thank you
https://www.nairaland.com/post/43203754
Transcorp Hotels used to be the engine(cash cow) of Transcorp,and the hotel is no longer part of Transcorp!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 4:21pm On Mar 30, 2016
megainvest:
No FBNH bonus expected this year. Just dividend.
My trap for FBNH is ready and I am now on observation mood;at worst 40 Kobo,and at best N1.00 dividend.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 2:24pm On Mar 30, 2016
donmarshia:
Truth is, you can't predict the market. Before, we have had seasons when immediately after ex div (Mark down), prices recovered same day. So capital was preserved why dividend was earned.

I feel an increase in short termers in the market is affecting us. If we still had huge impact from Foreign investments, which most times are long termers, they would not be thinking of playing short term. A typical huge fund manager buys in, earns a div yield of 11-12% which is cool, waits close to one year to review if the investment should be disposed of, expecting that at least capital should be preserved within the period. So in essence you have more buyers before dividend mark down date and less sellers immediately after.

We just need to understand the times and play.
APC has brought tremendous change! Those foreigners will still come,there is no other stock exchange like our lovely NSE!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 2:15pm On Mar 30, 2016
megainvest:
“Again, the kingdom of heaven is like a merchant seeking beautiful pearls, who, when he had found one pearl of great price, went and sold all that he had and bought it.

Matthew 13:45-46 (NKJV)
Hallelujah Brother Megainvest!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 12:59pm On Mar 30, 2016
megainvest:
NSE has been here since 1960.

When you are making money, you will find it interesting. When you are not making money you will not find it interesting.
It has been like that since 1960!

As long as people will keep making >100% on NSE while others keep losing 99.99%, NSE will remain.
Our noble NSE can be likened to Nigerian public universities,many persons got admission last year,many persons will gain admission this year!

So many persons just graduated this year,so many persons will also graduate next year!

Some persons dropped out last year,some people will drop out next year!

NSE is just like barracks, soldiers go and soldiers come;barracks can never be empty!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 5:21pm On Mar 29, 2016
http://www.nse.com.ng/Financial_NewsDocs/JULIUS%20BERGER%20-%202015%20Audited%20Accounts.pdf
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 2:42pm On Mar 29, 2016
grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 2:41pm On Mar 29, 2016
ufotty2001:
bro, abeg tell me the source now.... grin make I follow learn
www.livecharts.co.uk/MarketCharts/brent.php
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 2:22pm On Mar 29, 2016
The fall in the price of Brent Crude Oil today is likely the cause of price decrease of stocks.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 8:48am On Mar 29, 2016
leo1234:
I thought the minimum amount for meristem is 50000.
The guy wants to start with 5k
Morgan is any amount except for the annual charge of 2500
You're right! Capital Bancorp Ltd. Nigeria is a great option for him.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 1:16pm On Mar 28, 2016

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 11:14am On Mar 28, 2016
Olurote:
i'll check it right away. thanks. if you dont mind me asking, how much is the minimum amount to open with meristem and morgan?
Meristem is N50,000 while Morgan has no minimum but you will have to pay N2500 for access fee every year.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:39am On Mar 28, 2016
@Olurote,you can also check Capital Bancorp Limited Nigeria;the minimum amount you need to open an account with them is just N1000(One Thousand Naira).
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:28am On Mar 28, 2016
Olurote:
thanks so much.
You're most welcome!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:27am On Mar 28, 2016
The basic educational requirement to participate in the Nigerian Stock Exchange is just a good primary or elementary education(ability to read,write and a great understanding of primary school Maths)and an open mind to learn!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:18am On Mar 28, 2016
ufotty2001:
thanks bros, we are all matching to making money house this year grin
The Nigerian Stock Exchange is already present for everyone to make good money and share in the great wealth of this great country!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:14am On Mar 28, 2016
ufotty2001:
thanks bro..
You're welcome!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:13am On Mar 28, 2016
Olurote:
Good day, I want to start trading shares and I know next to nothing about how it is done. I am thinking of dedicating 5k every month. I would like to know the necessary steps, the accounts to open and the brocker that will be good for me. I know this might be a repetition as a lot of persons might have asked similar question but please, save me the stress of having to go through the over 1400pages here. Thanks in anticipation.
Just search for the websites of Meristem Stockbrokers Nigeria and MorganCapital Securities Limited Nigeria, from the websites you should be able to get the necessary information.

NOTE: I use the above named stockbroking firms and that is the reason I mentioned them. There are other good ones(Google is your friend)!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:03am On Mar 28, 2016
A Happy Birthday In Arrears To Those Who Have Already Celebrated In The Month Of March.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:00am On Mar 28, 2016
ufotty2001:
28th march my wonderful birthday... please, Join me to Thank The lord God for adding +1 to my life... cool cool cool
A Happy Birthday To You.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 5:40pm On Mar 26, 2016
duni04:
Case study:
Closure date : 26 - 30 September 2015.
If you're still holding as at 10:15am on the 26th of September, you qualify for dividends. This is clear enough. Now the dividend questions can stop!
My Bro.,to get one's dividends at times is like someone is looking for an oil company job! The CSCS and registrars should work together to make this dividend matter easy(there shouldn't be any need of filling forms,it should be automatic in nature,one's bank details should be sent to registrars through the medium of stockbrokers/CSCS).
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 7:55am On Mar 26, 2016
jauntty:
I think I mixed up qualification day with closure day. I was referring to the closure of register in my example
The seller would get the dividend since the shares was sold to the buyer on closure of register day or date(because the seller held the shares throughout the qualification date,that is,March 22 for Afriprud).
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 7:47am On Mar 26, 2016
jauntty:
How about those who bought on qualification day if the price is adjusted for Dividend for that day? who gets the div, the buyer or seller ?

e.g Afriprud price was adjusted for div on 23rd at the opening of the market
March 22 was the qualification date for Afriprud.,the buyer of the shares on qualification date gets the dividend since the person is holding till the end of trading that day(qualification date).
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 7:33am On Mar 26, 2016
jauntty:
How about those who bought on qualification day if the price is adjusted for Dividend for that day? who gets the div, the buyer or seller ?

e.g Afriprud price was adjusted for div on 23rd at the opening of the market
Adjustment of price for dividend(mark down date) has never been done on the qualification date! Mark down date(that is,the first day of closure of register when it is more than 1 day) is always a trading day immediately after the qualification date.

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