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Jideflash's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 12:12pm On May 12, 2020
Meritrade mobile website can cause big loss. You put price limit you want, but the market price option will still show up, except you change it to limit. If you no look well, you make very costly trade loss. Chai, I don suffer big loss today. cry

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 6:20pm On May 10, 2020
Sovereign Trust Insurance Plc said it paid N2.76bn claims to is various insured spread across the country in 2019.

The company’s spokesperson and Head of Sales and Corporate Communications, Mr Segun Bankole, said this was from a figure of N4.2bn claims paid in 2018.

https://punchng.com/sovereign-trust-pays-n2-76bn-claims/
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 5:33pm On May 10, 2020
i wonder where their result is o. But from their few press releases, the cfo made mention of their claim expenses reducing by almost 50%. and their Qtr3 result showed a similar amount in gross premium with 2018 (est~ 10bn year 2019). But lets not forget they completed their right offer, hereby diluting EPS. im comfortable reloading at the current price of 20kobo, and sitting for the very very long run based on a personal strategy. their are better deals in the market for now, so only the leftover funds from other trades can i use for STI.

yom2:
how far for sovereign trust bro any hope?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 4:06pm On May 09, 2020
the M.D also bought about 5million units last week as well. the worst is over in fbnh and the board knows it, that why they are confident in putting their own money on the line.

Mpeace:
There is definitely something going on in fbnh. All the insider purchases are not just for nothing sake. http://www.nse.com.ng/Financial_NewsDocs/29936_FBN_HOLDINGS_PLC_CORPORATE_ACTIONS_MAY_2020.pdf
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 4:01pm On May 09, 2020
Caverton's revenue is contract based with fresh contracts signed with Chevron + Shell and other upstream oil and gas clients. We havent heard of any upstream oil and gas company shutting down their crude production. so caverton will continue to operate and earn. Again caverton contracts are based in dollars. Nahco operations is totally different from caverton.

yok:
From Qtr2 2020 Accounting year. It is doubtful if Caverton/ other logistics businesses (except Nahco, due to strong subsidiary companies in other sectors of the economy) can escape the effect of Covid 19.

As an extension of the above, I will like to us to make a list of our own "Nsempa Covid Test/ Isolation Camp). It will consist of stock we must not buy until their Isolation/treatment from our NSempa Covid Camp is over. We cannot just be watching as some equities continue to make people poorer/waste resources.

The test kit will be as follow: Any of the 1st 2 conditions should send the stock to Covid Isolation Center, the manifestation of other tests should send the stock to treatment centre where it should be until delisted. Anyone that buys stock from the Covid list is on his own. Contribution to the list (add the stock that should go for Covid Test or treatment) is welcome from All.

To kick the ball rolling: Test Kit 1- Not paying dividend for 2 years continuously: Turnover/Profitability declining for 2 years continuously: 3- Company is no more operating as a normal business should be operating (anyone can add more to our test Kit).

STOCKS FOR COVID INVESTMENT ISOLATION CENTRE
- Oando
-International Breweries
-Academy Press
-Notore

COVID TREATMENT CENTRE - CONFIRMED CASES- Will be discharged on delisting or when dividend payment resumes
- Eko Corp
- Capital Oil
-Meyer
-Morinson
- Afromedia
-Omatek
- RT Briscoe
-Tantalizer
-John Holt
-Studio Press
-Trpple G
-SCOA
-Challerams
-CWG

Please let us add our own and someone should keep updating like Intedy's list, probably every month. So that newbies will not contract "Investment Covid", the sickness has the effect of making people to hate anything call capital market.

Finally once we have our list, we will like SEC, NSE and our Billionaires etc. to then donate to those individuals that these companies have made poorer or will still make poorer, but I am sure once we have this list we will not fall victims of this Stock Market Covid Infection again
BusinessRe: Bbc News: Us Lost 20.5 Million Jobs In April Because Of Covid'19! by jideflash(m): 1:39am On May 09, 2020
Now imagine the numbers in Nigeria
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 1:18pm On May 08, 2020
oops, my bad. posted it here before

jideflash:
i have enjoyed trading with meritrade since 2013. Great customer service. But my issue with them is their charges, Too High. cry
after asking them for commission review, below is their BROKERAGE COMMISSION CONCESSION sent;

TURNOVER COMMISSION
5,000,000 –19,999,999 1.35%
20,000,000 – 99,999,999 1.00%
100,000,000 – 199,999,999 0.80%
200,000,000 – 299,999,999 0.60%
300,000,000 – 399,999,999 0.50%
400,000,000 – 499,999,999 0.40%
500,000,000 AND ABOVE 0.35%

I may have to port, which platform is reliable with the best rates?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 1:13pm On May 08, 2020
na my senior ogas for here go sabi that one o, my tentacles havent reached the FBNH insider circle yet. but to me, fbnh is good buy, they are growing strongly, and the impairment charges that was dragging their profit all this years, is quite reasonable now. they also have a solid FX reserve. I no fear to load this one.

NB; Apply Due Diligence


Princkez:
pls do you have any information on the sales of their insurance company and is there any possibility of special dividends from the sales
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 1:07pm On May 08, 2020
for meristem, its from 10m

ebuka1997:
Hey guys how much do you have to have in your trading account to have a chat with your broker to reduce your charges... I use Afrinvest and I just realized how exorbitant their fees are... they charge 1.35% and I’m thinking of taking with them first and if they don’t budge I’ll move over to MorganCapital... I just want to see if they can reduce it for me say to 1% so I don’t have to deal with the stress of migrating and moving my shares then gradually I can think of moving to MorganCapital
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 12:55pm On May 08, 2020
we the monitoring spirits of closing hour trades, will be there to look into their destiny/destination
Princkez:
FBNH will soon start it's cross deals by 2.20pm
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 12:41pm On May 08, 2020
cool
make i go consult with the oracles. but i can i assure, so far, there is nothing to fear in the result. na the dividends we never know.

PharmAlfred:
Oga Jide. How is our Caverton na. Hope the result and dividend will make sense. You are already an insider O.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 12:16pm On May 08, 2020
osheeey , Janitor. Send us small money make we follow you mop na, this mopping work too much for you alone, im a helper grin

daddymgg:
I believe ohhhh. I don dey mop am since ohhh.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:55pm On May 07, 2020
how the fbnh market closed. i follow chop..

Mcy56:
Refused to go below 4.65 since.
Huge bids and cross bids done at 4.70.
12M single bid @ 4.70 still waiting to be filled.... smiley
17M bids now......something is likely going on there.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:49pm On May 06, 2020
How to close the market. Follow the big money...

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 8:32pm On May 04, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 5:10pm On May 04, 2020
poor financial result was just released.
nairavsdollars:
Why is Guinness going down the abyss??
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 7:52am On May 01, 2020
What's going on na. Why the attacks? MODs do something.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 12:42pm On Apr 29, 2020
Well said
CashDiMkpa:
I think people should stop looking for tips and start doing some of the heavy lifting in reading up about these companies and their stocks themselves. If you are asking for specific information about a company, i guess that's okay but this trend of "Is company A a good stock to invest in?" just tire me. And people actually answer without understanding the person's investment goals, level of financial literacy and type of cash at the persons disposal. Tomorrow gbas gbos go full thread.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 7:24pm On Apr 28, 2020
got mine, im feeling cool right now. alert dey always sweet cool
Benjacky48:
FBNH Alert just landed
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 12:12pm On Apr 28, 2020
fbnh
HealthRe: Nigeria Confirms 86 New Coronavirus Cases, Discharged 170, Death Toll Hit 21 by jideflash(m): 3:03am On Apr 20, 2020
The thing Don rise since, just began testing faster.
Bullet01:
Despite the lockdown this thing still de rise.
Nairaland GeneralRe: Seun You Are Religionist! by jideflash(m): 9:51am On Apr 17, 2020
Its obviously a hack.
Art, Graphics & VideoGraphics For Rema by jideflash(op): 1:17pm On Apr 14, 2020
Saw it on twitter and thought I should share here.

TravelRe: Carverton Helicopters' Premises Sealed Off In Port Harcourt (Photo) by jideflash(m): 11:18am On Apr 09, 2020
You sef dey see the problem. E don tire me.


bkool7:
Nigerian youths can't reAson objectively again.

Everything is along party, religion and ethnic lines.

How are we going to be united in defeating our common enemies -the politicians?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 5:44pm On Apr 06, 2020
Bomboclad:
FBNH
27% YOY increase in PAT
38kobo dividend (vs 25kobo last year)

Mcy56....this is why today's volume was high; Thank you for highlighting this during today's trading.

http://www.nse.com.ng/Financial_NewsDocs/29601_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_APRIL_2020.pdf
In line with the Group’s 2020-2022 strategic objective, FBN Holdings Plc has commenced discussions with Sanlam (PTY) Limited (the owners of the 35% equity of FBN Insurance) and engagement with the relevant regulators with a view towards divesting from FBNI and selling its 65% holdings to Sanlam.

page 23
PoliticsRe: Moto Don Jam Our Egungun Country by jideflash(op): 2:48pm On Apr 01, 2020
grin
helinues:
We the picture of the jammed egungun...? grin grin
PoliticsRe: FG To Reduce Petrol Pump Price From ₦125 To ₦123.5 Per Litre by jideflash(m): 2:03am On Apr 01, 2020
This na April fool
PoliticsRe: Moto Don Jam Our Egungun Country by jideflash(op): 4:06am On Mar 30, 2020
the number of already infected nigerians are greatly underplayed
Charleys:
The isolation centres we these governors dey build na for rich men.
HealthRe: COVID-19: Muhammed Babandede Tests Positive by jideflash(m): 11:31am On Mar 29, 2020
Irresponsible leaders
PoliticsRe: Moto Don Jam Our Egungun Country by jideflash(op): 4:45pm On Mar 28, 2020
undecided
CelebritiesRe: Big Brother’ Housemates Kept Clueless About Coronavirus Pandemic by jideflash(op): 12:33pm On Mar 28, 2020
lipsrsealed
CrimeRe: 100 Nigerian Soldiers Killed By Boko Haram In Goniri. Graphic Pics by jideflash(m): 12:32pm On Mar 28, 2020
Shebi I Tell You, Una no hear, now moto Don jam am:

* Your Healthcare system cannot save you. (it's just not enough.) we are surrounded by sickbays and not equipped hospitals.
* Your yahoo yahoo pastor can't save you, otherwise let them go to the isolation centers.
* Your govt can't save you, even your presido Don go run leave you .
* Your crude oil can't save you. where is the demand, energy is now transitioning to Renewables. The oil dominance era is over.
* Your church can't save you. They will rather compel you to continue paying your tithes and offerings instead of raising fund for relief.
* Your isolation can't save you. Na hunger, heat and darkness go chase people come out.
* Your visas cant save you now. The better countries only want your medical experts. So we dey here together.

NIGERIANS HAVE Been IGNORANTLY LIVING ON A PILE OF GUNPOWDER.

Nigeria hasn't been working for a long time. #Conaravirus is just another trigger that shows the frailty of our beloved nation.

I advise you all to stay home, and really think deeply about the future of the nation, how much it affects your life and what you will do different to change it (post corona).

Until then, stay safe.

#LetsFixNigeria

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