Manonamission:


True........the offers disappeared because they were rejected by the system. The sellers would have to replace at today's price band or wait till price band accommodates their exit price.

Let's hope so. Someone who really wants to sell will adjust his/her asking price.

Hmmmmm, the huge offer for FBNH don suddenly disappear today

Kagame:
For those searching for Institutional investor holdings and market activities. Kindly follow the link below to view that of FBNH. Click on "movers" to see which institutional investor has bought or sold the stock in the last few months.

I actually used FBNH as an example, you can change the ticker to get information on other listed stocks.

http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=FBNH:LAG

Actually,FBNH has witnessed a massive sell down in the past few months.


CC: Born2berich , Elai147

Thanks a lot. Much appreciated

lancee:
Think so foreign investors dumped Fbnh , some local investors are trying to mop up ..but they need to do more ..not easy

Enough cross trade @4.75

Chibuking81:
let FBNH not send people to early grave, current price #4.78

bigjay01:
There's an inferno on the mountain,
FBNH now 4.8
net offer of about 72m
Egwu ndi o kara obi (not a dance for the faint-hearted)

Something is obviously wrong with FBNH. The huge volumes on offer in the past few days is definitely saying something... Perhaps some people are trying to drag the price down in order to mop up later or they know something we don't.

Born2berich:


Access has provoked the elephant. FBNH now N5

Someone posted a website link some time ago where one can check which institutions are selling or buying a particular stock.

@All, anyone who has that link should please post it here. Thanks.

ukay2:
I would have liked to send them to the registrars directly but there is a space for your stockbroker stamp in the e-dividend/bonuse mandate forms...hence, the reason I go through my stockbroker-investment one. Can the registrar accept the e-dividend form without the stockbroker stamp/endorsement?

You can send the forms directly to the Registrars. It is not mandatory that your stockbrokers must sign the e-dividend forms. Just make sure you have your bank's stamp and signature on the forms before you send them to the Registrars (ensure you use a registered post).

Please APR said my stockbroker should send CSCS purchase transfer form...please what is that
Am far away Lagos state

If you purchased the shares via secondary market, you must ask your stockbrokers to process a share transfer form for each stock purchased. You will have to sign a portion of the form and send it back to your broker for processing. Ask your broker to email you the form and tell you exactly where to sign. Since you must process a share transfer form (via your broker) for each of these stocks, I would advise you to also process your e-dividend forms via your broker to make it easier for you. This means you will have to send both the e-dividend and share transfer forms to your broker. Alternatively, and to be on a safer side, send all e-dividend and share transfer forms to your broker to process for you, and also send another set of e-dividend forms directly to each of the Registrars. This way, the e-dividend forms will most likely get to the Registrars. In Naija, it is possible for you to send a post by registered mail and it will not get to its destination and will not be returned to you as undelivered (it has happened to me severally). This could explain why the registrars are yet to receive the e-dividend forms sent by your broker and it is also the reason I am advising you send forms to both the Registrars and your broker.

Please I don't know which banks that have commenced the e-DMMS portal system?
... My STANBIC bank is yet to commence it.

I am not sure of any bank that has commenced this. Don't waste your time waiting for a bank that may never adopt this e-DMMS system. Don't forget this is Naija. Banks hardly take CBN's warning serious on important issues let alone one e-DMMS portal thing.

4everGrand:
Hello good people of the nairaland investment dynasty. I bought Transcorp many years ago during dat their IPO thingy.

Thing is I dont have any record of my purchase, how do I go about getting this record. Form I bought the IPO with is nowhere to be found.

Contact the registrars for Trancorp and explain everything to them. They should be able to help you.

Africa Prudential Registrars Plc
220B, Ikorodu Road, Palmgrove, Lagos.
T: 014548120, 0708 060 6424
E: info@africaprudentialregistrars.com

ukay2:
All my e-dividend and e-bonuses mandate forms are yet to get to my registrars....
Documents I sent to my registrars via my stockbroker are yet to get to them after 2 months...
All my registrars: First registrar, Africa Prudential registrar ,flourmills registrar and cardinal stone registrars are yet to get my e.mandate forms....
My account officer is not helping matter at all...He keeps telling me that he has sent the documents and the registrars are saying they are yet to receive the mandate forms from CSCS , that my broker should send an acknowledged copy of submitting it to CSCS office, which my account officer and customer care are not helping matter...

I had this same problem some time ago. What I did was to resend a new set of e-dividend forms to my broker as all the registrars confirmed they did not receive the e-dividend forms sent by my broker. If you're based in naija just fill a new set of e-dividend forms and take them to your bank for endorsement. If your bank has commenced the implementation of e-DMMS, you can register through the bank, otherwise send a new set of forms to your brokers or directly to the registrars.

sirflav:
SIRs in the house if there is a sudden bull for UBA like there was in August at what price will you be selling will it be the same 4.50?
My Ogas your advice is needed urgently

myjoy, mercilicious, Elai147, chibuking81 and gbola4rel and manonamission

Different strokes for different folks. As far as I’m concerned, it will depend on what the chart is telling you at that particular period. However, you bet a lot of people will sell @4.50 since there was a previous resistance around that price. If the bull is strong enough you could sell above N5. If you're a short term investor I advise you to study Technical Analysis very well so that you can know when to buy and when to sell instead of guessing and selling because others are selling.

ihedioramma:
so we are at the same bustop? how is your people ?

They're all fine Sir

Chibuking81:
unity bank should apologize to their share holder for share reconstruction. They would have maintain their 50 kobo level, now they are going back to it.

It was a smart move to reduce the number of outstanding shares. They will do it again if they get another chance.

FBNH and Access finally trading at same price. Overtaking mode activated for Access. Next to overtake will be UBA. There is no food for lazy man/elephant.

gbolah4real:
Unity bank was 50kobo now heading to 8kobo, a loss of 84% in 7 months. In the same period Oando has lost 68% of share value (it is still heading to a loss of 80% by Jan as long as oil price stays same or worsens). Cadbury < 50% of share value and FMN 43%. With FMN’s rights issue coming I cannot help but feel the share price will eventually go the way of Unity Bank and Oando. That is after ithe rights issue FMN will still go much lower - is N10 too low?

I am personally waiting at that bus stop.

Manonamission:


Morgan again? Is your CSCS account credited and it's not reflecting in your broking account? Morgan is not responsible for dividend and bonus administration. Chai, may God help Morgan. Check with the registrars.

It happens all the time. Recently my CSCS account was credited with FO bonus but my Morgan account wasn't. I called to notify Morgan and they updated my account within 48 hours. The same goes for Meristem.

freeman67:


The said the #400 is for both e-dividend and e-bonus even though they have refuse to credit their customer account with FBNH bonus for the reason best known to them.

Na so all these brokers dey do including Meristem. That's why it's necessary to register for CSCS online so that you'll know when your bonuses are credited and then you can ask your broker to update your trading account.

9free:

Abeg no increase work for dem biko o. Make dem forget her two brothers for now and concentrate on FBNH, later(when FBNH don reach like N10.00) dem fit go back carry them along.
I don dey think whow person go take use Guinea-fowl for Xmas but with the war-chest these guys wan take enter market so, I don upgrade am to Tolotolo

angelo82:
They are very greedy.............They are sure and thats why they are trying to buy everything cheap even when the market thinks otherwise.............

myjoy084:
Sir, that's what makes the game sweeter. The market (fixed income) they particularly specialize in is not enticing again though (kidding). Anyway, stock market is where to be right now

All of dem don enter stock market fully since yields on fixed income securities are low. At least, this will increase the probability of our December bull expectation.

lancee:
Na only me see the fbnh magic or wetin happen @ closing, hope this is not manipulation

Before unko?

myjoy084:

Not a manipulation sir. The fund managers are coming into the market

They are the chief manipulator. Why dem no buy since? Why wait till last minute?

angelo82:
How true is this jargon below..................
http://saharareporters.com/2015/11/26/skye-bank-tops-nine-nigerian-commercial-banks-experiencing-stress

myjoy084:

CBN Says No Bank Is Distressed...
http://www.leadership.ng/news/477681/cbn-says-no-bank-distressed

He he he... This is really interesting. Who we go believe na? Deceptive CBN or the rumours? This reminds me of the Great Oceanic Bank, and bank PHB: I am sure the CBN did not warn investors or advise them to run for their lives. Those expecting CBN to raise a red flag may be on a long thing. The only advice I have for long term investors is to restrict their exposure to this sector to only fundamentally sound stocks. It is okay to trade with them but we should not be over-exposed (long term) to this sector or any particular sector in the NSE.

Another interesting part:

He concluded that regardless, the banking sector would need an "AMCON 2" referring to the Asset Management Corporation of Nigeria, a body set to buy bad debts from Nigerian banks. The first AMCON, our source insisted, also needs a bailout.

Dem no dey tell blind man say market don close.


Caveat: This is a Tumbutumbu analysis. Follow it at your own peril

ihedioramma:
please is tigerbrands the new owner of dangflour?

Yes

All of a sudden there is no offer on Dangote flour (Tigerbrands). Wetin com shele na

currentprice:

ihedioramma:

dadem:

Tjohn1:

Born2berich:
I concur... There are still other viable means to earn extra cash...I am currently working on how to start up another business soon. Right now, am totally liquid and waiting for the bears.

Chai, everybody dey wait for bulls and some people dey wait for more bears. He he he, interesting market. Make ASI just reach zero make everybody rest

Manonamission:
The fight for the soul of FCMB. Tomorrow is another day.

The market is being unfair to this stock sha... Investors' negative sentiment towards this stock no get part 2. FCMB for don reach 50 kobo if not for the market makers or whoever dey struggle with the supposed free fall of the price.

PETERiCHY:
@ Locodemy instead of January invest in sound stocks between Dec 22nd and 24th. Thank me later.

What about the November bull you foresaw?

Born2berich:
Both are good. Just watch the price movement as they cant go northwards unless the fat elephant moves upwards. Once the elephant moves, they might follow. Please do your due diligence.

Suddenly Access has crossed 4.70 because lazy elephant has moved its lazy asss.

PETERiCHY:


How possible will that be thought the money is already with their registrar?

I wasn't last in town last year so both my 30kobo and 70kobo dividend is still pending.

If this news is true, discounting it from future dividends makes more sense.

PETERiCHY:


Does it mean those of us that are yet to receive the dividend will be made to forfeit it or what

Bcoz I'm planning to do both my BVN and run around for all my past OANDO dividends come Jan 2016.

Nothing wey no fit happen for NSE. A stock declares dividend and market reacts positively to the news. Shareholders meet at AGM and say it is not good for the health of the company and at such the declared dividend should be cancelled- SEC does nothing about it. It has happened before.

Na wa ooo. See news...
http://www.nse.com.ng/Financial_NewsDocs/11455_TIGER_BRANDED_%28DANGFLOUR%29_MKT_NEWS_CORPORATE_ACTIONS_NOVEMBER_2015.pdf