₦airaland Forum

@ Pumping 777

Can you pls provide the source of your news about listing of Oceanic Bank P.O shares? I just checked the NSE website and it's still showing 11.6m as the number of Shares outstanding.

Can someone in the house pls provide CCNN right issues allotment? - I heard it was 260% oversubscribed.

Can someone in the house pls give a breakdown of Access bank allotment of the just concluded public offer? I will like to know if they are returning money to prospective investors? I don tire with all this return of money , From now on I think I will just stick with only secondary market.

koksieboy:
I also use Zenith Securties and their charges are 1.62% for buy and 1.91% for sell. However, I'm currently not happy with their services.

Koksiboy, Can you please say the reasons why you are not happy with Zenith Securities? Cos I am thinking of opening an account with them because of their low commission rates.

@ Roughcut

Can you pls let us know the source of your news on Wema Bank? I mean about the dispute,

@ kpineo
Has anyone on this forum been able to successful register and use the CSCS website to check portfolio status.

What kind of problem are you experiencing? I have just registered and my portfolio section is always blank. I am fed up with this stupid CSCS system, it took forever to get the online access and now that I have access i can't even see anything. And they took my 2,500 naira. Anyway Na Naija sha, things go better.

Hi Guys,

I heard Sterling Bank is coming to the market to raise about N100b. Is this a good time to buy into the company? I am in for the short term. The share price is currently trading around N8.2. Pls advice as I am planning to call my broker tomorrow. I am looking for at least 25% increase, i hope am not being too greedy.

@ easimoni
M Benefit has 5.911B outstanding shares - Does this number of shares include the public offer that was done sometimes last year. Pls see below

Mutual Benefits Assurance Plc plans to raise N2.4 billion by offering for subscription, four billion ordinary shares of 50 kobo each at 60 kobo per share. The application list opens on 6th September 2006 and closes on 29th September 2006. According to the prospectus, “the purpose is to enable the company meet NAICOM’s minimum capital requirement for insurance companies and for possible consolidation with other insurance companies.

Na wow, 116 million naira, no be small money, (USD 1m haba). U need to be a top ranking politician to have this kind money. Abi u know any institution wey fit provide mortgage facility. This is damn too much to spend on property, there are lot of hungry people on the street that are dying of starvation.

Guys I need your help on Wema Bank Shares. I have been thinking of buying some Wema Bank Shares based on the forecasted PAT of N6.4b but I just checked their website and the unaudited FYE 2006 PAT is only N2.2b. Am I missing something here? Is the forecasted 6.4b for FYE 2007? If it is so, when is this due? The share price has been falling for the last couple of days, I'm confussed. Pls help your brother before I get my fingers burnt.

Panadol

Are u with Vetiva? How is there service? I need to know because i'm in the process of opening an account with them.

http://www.sunnewsonline.com/webpages/news/national/2007/july/29/national-29-07-2007-001.htm

U guys must read this article, Beef in the business word - Jimon Ibrahim against Dangote / Otedola. Having read the article, there is one point Jimon kept on emphasising about, that he is well educated and the other two are illiterates. I don't agree with him on this point,just because someone didn't go to University does not mean the person can't be a great entrepreneurs. Another point he made was that they had not contributed anything to the society. I also strongly disagree with him on this point. Everyone that had bought Dangote Suguar public offer will concur with me on this point.
what do u guys think?

What does IMPA satand for? Does this mean the land is in the new Akobo estate? Can you also provide the dimensions?

Can someone pls provide advice on having Zenith Securities as a Stock Broker because I'm in the process of opening an account with them? I need advice on their efficiency e.g. taking/executing Orders e.t.c

Guys pls help on this. I am not based in Nigeria, I live Overseas although I do have a StockBroker in Nigeria. My question is that in the process of investing in the primary market i.e. IPO/PO. Can I get my broker to complete the IPO forms and sign on my behalf or the form would have to be posted to me wherever I am and would have to be filled and signed by me b4 being courier back to the broker?

Does anyone in the house knows what's happening to Oceanic Bank Shares? They seem to have taken a real nose dive recently, currently trading @ N25.92 from the peak of N32. Na wow, Does anyone know when the Share Certificates will be out? & Is there anyone with any insider information on when Dangote Flour Public offer will be out?

I need an expert on this issue. I am in the process of changing my Stock Broker and that would involve transferring my existing CSCS account number from my current broker to the new one. I was told this process of transferring could take weeks, even months. Hence, I thought it would be a good idea to open a new CSCS account with this new broker, I was told this process of opening a new CSCS account takes only 3 days. My question is that Is it possible to have 2 CSCS account numbers under same name but with different brokers. Expert opinion needed pls, Can you pls also recommend a good stock broker with online portfolio monitoring facility -(this is very important)?