₦airaland Forum

@Godisfaithful,this is a case of transferring from a dead/moribund stockbroking firm . I have done my biometrics at CSCS(Marina,Lagos),and I have provided all documents necessary for this transfer.

@Godisfaithful,born2berich,lancee,mercylicious and other respected brothers & sisters in this ministry;after mandatory requirements have been meant,how long does it take the SEC(Securities & Exchange Commission) to approve the transfer of stockbroking account from a moribund(dead) stock broking firm to an active one? It is now more than 2 months that I have done everything that I was asked to do, my stockbroking firm(a very reputable one) keeps telling me that the SEC has not given their approval to the CSCS to effect transfer! Thank you.

hotcake:
My good people, please what browser that works well with Android tablet can I use on Morgan itrade? I have difficulties with browsers.

Try Google Chrome,Opera Beta or CM Browser.

A Happy New Year To Everyone(BNSITL)! We are compounding our money this year by the grace of God.Amen!

myjoy085:
@Justcul, sorry I am nothing against him as I don't know him in person. I only hate pretense and deceit. You must not be victim to know that many hapless newbies are enticed to make awful investment. We must be very careful on what news or information we give out, we should not claim to have inside information while in reality we know nothing. We must have a check to move forward.

Meanwhile, myjoy085 belongs to me and only me.



It is well..

You're are now the chief comedian of the house. You have the disposition and inclination of Theodore Bagwell(Tbag)of Prison Break(a series film)!

myjoy085:
@Justcul, sorry I am nothing against him as I don't know him in person. I only hate pretense and deceit. You must not be victim to know that many hapless newbies are enticed to make awful investment. We must be very careful on what news or information we give out, we should not claim to have inside information while in reality we know nothing. We must have a check to move forward.

Meanwhile, myjoy085 belongs to me and only me.



It is well..

You're are now the chief comedian of the house. You have the disposition and inclination of Theodore Bagwell(Tbag)of Prison Break(a series film)!

https://www.nairaland.com/2826153/buhari-speaks-how-intend-fund 2016 budget

claremont:
If there is a hell, I think the hottest part of hell is reserved for medical professionals who go against their oath to save lives, for the lure of filthy lucre. @OP: If you feel that you are not allowed to uphold your Hippocratic oath where you work, you should resign. Doctors are in high demand, you studied medicine to save lives.

As sad as it is, the OP is simply a reflection of medical practice in Nigeria. This is the same country where Doctors collect money from medical reps to prescribe their products, even if the products prescribed are at the detriment of patients.

Why would patients have to pay before they receive treatment at A and E? Shocking.

The reasons why Nigerian doctors are like Nigerian police officers are here!

Analysiscorner:
Even among the Nigerian police officers, there are still good ones among them.

The so called 'good ones' are just pretending! The are all vipers!

joyandfaith:
pls,next time if patientis ur sibling ignore order from above. To hell with order from above.why are doctors so timid and cowards?

Don't blame them,they have been trained and conditioned to be subservient and timid !

ritababe:
You are wicked, how can order from above stop you from saving someone's life, if its your sister will you watch her die like that?
You are a doctor and thats your job irrespective of the order above.

My 'sister', Nigerian doctors don't feel their actions and inactions amount to wickedness or sadism! What do you expect from people that were trained under harsh and dehumanizing environment? The answer is indifference,nonchalance, sadism,mediocrity,et cetera! Nigerian doctors are just like Nigerian police officers!

myjoy085:
There is nothing fake about the name current price. We are about to make money big time this year 2015. Have you forgot that we are yet to make money this year? It is well.

Stop this quasi impersonation of our legendary myjoy084! 'It is well' and 'buy more' is a special trade mark of 'the real' myjoy084.

The Nigerian Stock Exchange > Media Center > News and Events > Holiday Notice
2
​​Public Holiday Notice
Wednesday, December 23, 2015
​
The Federal Government of Nigeria has declared 24th , 25th and 28th December 2015 as public holidays to mark this year’s Maolud Nabiy, Christmas Day and Boxing Day respectively. In light of this development, all Exchange facilities nationwide will be closed for business to observe the holidays.
​
​We will resume normal business operations on Tuesday, 29th December 2015

For further Information, please contact us on +234 700 225 5673 | contactcenter@nse.com.ng |@NSEContact | www.facebook.com/TheNigerianStockExchange

angelo82:
Portfolio rebalancing is going on by fund managers,don't sell your shares cheap to them....................

Sir,how did you know about this?

courage89:
Guys,

How do we access the SEC e-DMMS portal to upload e-dividend mandate form. Can someone please shed more light on this. Thanks

I have made phone calls to my banks,and I was told they have not commenced the registration.

@manie,please is it likely that Skye bank would pay dividend for 2015 financial year? Thank you!

locodemy:
735i is just a figure that can crash the price of oando.pls pls i beg you to stay away from the PEOPLES stock.i am taking my own position in it for 2016 rally today.stocks like japaul,Afroil and beco will be good for you to trade.

Is like you have never bought a dead company's shares before? To the newbies, always buy shares based on positive quarterly financial results of companies! Stock Investment is never a lottery game or football betting!

tunapa4dem:
Hello every trader in the house,i just need some information about stock training school or seminar maybe i can attend.

Self Education is the best way to become a good Equity/Stock Investor or Trader,it is more challenging than Medicine/Dentistry, Engineering,Pharmacy, Law,et cetera combined together because there is no Formal School where one can go to study Equity Investment! The real Equity Education begins the moment you start to buy and sell shares of companies. The first step in the Equity Education begins with learning the numerous terminologies. If you are tenacious and consistent in your Equity Education,in 2 to 3 years you would have learnt the fundamentals of Equity Investment! The journey of a thousand miles begins with a step(Chinese Proverb). Rule 1,don't lose money;rule 2,don't forget rule 1(Warren Buffett)!

tempex88:
What is the CBN's aim with all this restriction, I guess its for more patronage of made in Nigeria.

You're damn right!

OZAOEKPE:
Buhari MAKA WHY? LEAVE PROBE AND FOCUS ON THE ECONOMY

You must be one of those holding Nigeria hostage!

Quite frankly,@Cyriacusifeco is a true definition of an educated investor; positive earning of any business should always determine the buying of its shares(this is what makes an intelligent investor)!

Emmyviva:
pls whats the value of daar comm group offer? I ve like 2000units whc i bougt in 2008.

The value is 50Kobo(2000units × 50Kobo =N1000),but no buyer!

My (Bold) 2016 Oil Forecast Will Turn Heads
by DR. KENT MOORS | published DECEMBER 8TH, 2015
As we’ve learned over the course of the last year, making projections about oil prices can be a very difficult enterprise.
After rebounding to a little over $60 a barrel this summer, crude defied expectations and dropped back into the $40’s and even below to close out the year.
But don’t let this near-term move fool you. Certain elements are now gathering steam that will likely lead to a long-term rebound in crude next year.
In fact, there are several market forces that I believe will lead to higher oil prices in 2016.
And it all starts with a reduction in the “supply glut” that all the talking heads keep beating their chests about.
In this case, the reversal will occur in two phases.
First, as the year goes on I think we will see a dramatic shift in OPEC policy.
The primary element depressing oil prices has been OPEC’s strategy (led by Saudi Arabia) of maintaining and increasing production levels in order to defend market share, which started in Thanksgiving 2014.
In 2016, however, I expect this portion of the “supply glut” will begin to reverse.
Here’s why, and my target for where oil prices will go in 2016 and 2017…
Signs of Capitulation in the “Oil Price War”
In fact, several OPEC nations are now in open opposition to the Saudi policy, with Venezuela, Nigeria, Libya, Iran, and Ecuador leading the charge to make the production cuts that would ease the supply glut and send oil prices higher.
Economically, OPEC has painted itself into a corner, and the only way out now is through higher prices. Even the Saudis understand that.
That’s why Riyadh is now signaling to the likes of Russia and even the U.S. that they would support a joint move with non-OPEC producers to “stabilize” the international market.
Don’t be fooled by OPEC’s early-December decision to keep pumping. Low oil prices are hurting even Saudi Arabia, and something, or someone, will have to give.
And in a face saving caveat, I now believe the Saudis will finally end their call to “hold the line” on production, easing the oversupply and opening up the market to higher prices.
But that’s only half the story. The second phase of this capitulation will be happening here at home.
The reason why is simple. While the Saudis clearly underestimated the resolve of U.S. producers, the damage wrought by the “oil war” here at home has been extensive.
The U.S. rig count has declined precipitously, while forward capital expenditures – especially for deep, fracked, horizontal wells – have been slashed to the bone. What’s more, several major Arctic and Gulf of Mexico offshore projects have been mothballed as well.
That can’t help but lead to a drop in supply, especially when it comes to shale or tight oil. Fact is, the average unconventional oil well pumps the majority of its volume in the first 18 months.
It’s called the decline curve and it can’t be finessed forever.
Even with the application of secondary and enhanced oil recovery techniques, it’s only a matter of time now before we start to see a reduction in supply on the American side of the market.
Also, as I’ve pointed out for some time now, the “bad debt” problem on the energy side of the junk bond market is growing more acute by the day.
Bad Debt Will Diminish U.S. Oil Supply
Yield premiums are rising with no end in sight, and for drillers with a lot of debt to rollover that brings up the possibility of bankruptcy.
As a result, an increasing number of U.S. producers will disappear, be acquired, or merge with larger competitors, adding to the reduction in overall volume.
When the combination of these market forces take hold, the “supply glut” will undoubtedly begin to shrink.
As for the demand side, the global need for crude is expected to grow by an average of more than one million barrels a day annually, led by big increases in Asia.
Fact is, by OPEC’s own estimates oil demand in Asia will rise by about 16 million barrels a day to 46 million barrels by 2040.
To put that in perspective, that’s almost twice the amount currently produced by the U.S.
But as I’ve said numerous times before, this crunch has always been all about the supply side of the equation. Increasing demand has never been the issue.
And that brings us to where the price of oil is headed…
This is Where Oil Prices Go from Here
Finally, as I’ve noted over the past several months, a combination of derivative moves on futures contracts and heavy ongoing short plays have completely distorted the true value of oil.
And while “paper barrels” have always swayed oil prices for delivery (i.e. the “wet barrels”) that influence has grown far beyond any rational market justification.
In fact, I estimate the true market value for a barrel of West Texas Intermediate to be roughly $50 a barrel, or $8 higher than where it is as of the writing of this report.
What I can tell you is that these types of paper trades run in cycles. And as the profit potential from them begins to diminish, the “paper price” of crude will begin to rise to meet its true overall value as a hard asset.
Here’s what all this means.
Let me be clear: We are not racing back to $100 a barrel oil. Absent a major geopolitical outlier that impacts supply, more subdued increases in crude are in order.
Therefore, my current read on West Texas Intermediate is as follows:
By July 1, 2016, WTI should price at $66/barrel.
By October 1, 2016, WTI should price at $68/barrel.
And by January 1, 2017, WTI should finally breach $70/barrel.
That is where I see oil prices next year, which will allow us to make some very nice returns all across the board.

myjoy084:
Sir, am sorry to hear about this. To make your issue simple, go to your bank and tell them you want to complete your e-dividend mandate form and the bank will process it and upload it via e-dividend mandate management system provided you have your BVN. You don't have to visit your stockbroker or registrars anymore. I hope this information help you . Just notify them the name of those registrars!

Sir,can this e-DMMS registration be done in 2 or 3 bank accounts with different banks? Is it also okay to use more than 2 or 3 bank accounts for e-dividend?

gbolah4real:
Every month a glitch in the matrix. this is becoming redonkulous. lol

Quite frankly,this is becoming a deliberate act or a coordinated sabotage from the power that be!

Swagnificent:
Ahhhhh!
Good day everyone, am actually very new in the stock trade stuff, but I have really been following this tread and I feel I should put myself into doing something, pls does any of u recommend any good stockbroker?
Nd pls how much do I need to be able to start trading...?

Meristem Stockbrokers or MorganCapital Securities Ltd.

Manonamission:
Mr Edueco........releasing results for us to digest You no even send us......you don work for WAEC before? You suppose dey withhold some results abeg...

Imagine the awful result from Diamond bank too. How can a bank raise capital, not debt o, but via equity and begin to spiral down since then?
My people, make we enter farm. This NSE get as e be now.

Sir,I am acting as a disseminator/invigilator of this illustrious 'fold'! With respect to the Diamond Bank Q3 2015 result,it is well even in the well;Q4 2015 result may be okay(buy more of Diamond Bank shares,just like our defunct legendary Myjoy used to say).

9free:
Oga EDU, I did write and attached a letter.

Oga 9free,have you been paying your tithe to brothers and sisters in the Lord? Just joking.

9free:
First Registrar no dey try oooo...... I have been battling with them to re-validate my 2014 OandO dividend warrants but to no avail.
Despite having filled and posted completely filled and stamped e-dividend forms(hard copies) to them, the analogue first registrar still sends dividend warrants to me via NIPOST!

Sir,you're supposed to include a formal letter instructing First Registrars to pay your outstanding or unclaimed dividends into your bank account. I did same of recent and my dividends for 4years of FBNH was paid into my bank account.