₦airaland Forum

[quote author=T-john]I guess it was my account officer at that time, i was hoping to sale my shares one day, only to receive alert that they've been sold. called to inquire, was told my account was in debit.[/quote]You need to take it up with the appropriate authorities.

Verbes: Not investing in stock for now.

If you are not investing now, please don't invest when the market goes crazy because it may be detrimental to you. People who have hundreds of millions and billions in shares did not invest when the market is popular, they invested when the market was a no go area.

You only need to know how value a stock, and commit your money into the stock whenever it is selling at a discount to the average of the valuation methods prices.

sellydion: There is nothing to beware about. Study history of price. Price can never stay in one place for ever. At the current price I am sure I have nothing to fear. At times it may take time, I won't make a loss.I do not borrow to invest. Borrowing causes fear and make you to sell prematurely.The economy is expanding the first bull move will not end there even if it takes time.

Sorry for asking this question, how long have you been in this market? what is the size of your portfolio? Penny stock should not take more than 20% of a good portfolio, financial institutions will not touch them with a long pole.
Make sure you do appropriate valuation on your penny stocks, and give a margin of safety, also remember to buy your penny stock at a great discount.


Happy investing

Seun: I see no reason why stocks can't be discussed in this section right now. The only reason why it's donated by tbills i[b]s that you stock guys have not been posting as much as you could.[/b]

We shall start posting.

scribble: If you're looking for a stockbroker just make sure its uba stockbrokers, meristem, city securities, stanbic or vetiva.

Don't go and give a company with oyinbo speaking woman ur money. Na 419 be dat

It be better to trade with the big stockbroking houses. Investment one, FSDH, FBN Securities and BGL are also good.

Ijogz K: Dominion Trust Ltd.. They have been in existence since 1988. Strong and Dependable

My Mom uses Dominion Trust, they used to be at Great Nigeria House on Martins Street, before moving down to Igbosere.

[quote author=T-john]I used Cash craft before the market crashed in 2008, this year they sold off my stock without consent because my acct was in debit.

Now i use BGL, Vetiva and Meristem Securities[/quote]How come were you a margin trader with Cash craft.

sellydion: You can actually buy WEMA depending on whether you are speculating or investing. WEMA has been around for some time and she refused to go under despite great challenges.Come to think of it the stock rose to N1.8k before the resent pull backs that affect almost other stocks. If you are speculating ( not with borrowed money)because it may involve waiting for little time, you are most likely going to turn a good gain. If for investment WEMA may not give you good dividend, bonus and great appreciation. Speculation is more risky but the way price is with most of these penny stocks shows there are great prospects.

I will advice you to beware of penny stocks.

Ame Lon Ro: Both have their own place in terms of benefits. Both are very good. Shares can easily be converted to cash. Real estate takes time to easily convert to cash.

Most shrewd investors have shares, real estate and cash in their portfolio. I have both shares and real estate, but 60% of my net-worth are currently in shares

olushowunm: @Seun... In order to satisfy all interests, i think it will be better to divide investments forum into four, namely;
SME/Start-ups
Equity,Derivatives and spots(Forex)
Fixed-income Assets
Real Estate Investment

With this we will be able to balance all interests and create a platform where we can understand the scope of the forum!

May be we need a section that will be devoted to stock market investment. Some of us are stock market addicts.

A School that runs both Nigerian and British Curricula wants interested applicant to apply for the post of English Teachers.

The applicants should have a first degree in English/Education from a reputable University and a minimum of 2 years post qualification experience.

The applicants must be based in Lagos, those who reside around Ajao Estate, Shogunle, Isolo, Mafoluku, Gbagada and Oshodi will be preferred.


Interested applicants should forward their CV to manewumi@yahoo.com or call 08036638728.

[quote author=Brand_new]I'm okay with giving up ownership not control simply because businesses don't do so well when the owner of the concept is not in the driver seat.[/quote]Investors will also want to have a say on how their money is spent. Good luck to you on your search for investors' funds.

I will advice you to go for debt instead of equity.

I also used Amyn Investment between 2002 and 2004. I currently use BGL Securities, UBA stock brokers, FBN Securities and Union Capital market.

elvis10ten: In respect to the
above topic i sincerely
need an investor that can
invest in Xmx Me. Xmx Me
is a mobile application
that enable people to send
sms/bulk sms at 2 naira
with their mobile phone. We currently have only a j2me application, we plan on expanding to other platforms. We have been running for 5 months.
The website is
www. . We currently have 8293 members. Xmx Me has
some unique features,
more will be added after
the investment because
they need money to
implement. Some of the
features are: 1)It has a
light and easy to use ui. 2)
It uses little bandwidth
thereby minimizing
bandwidth cost. 3)It has a
phone book utility option
which allows mass selection
of numbers from the phone
book/contacts. 4)It has a
service page which is
dynamic and can offer
things like jokes, fixtures,
etc. We need the money to
expand to other platforms,
create a web app, expand
to other countries and to
implement our new ideas. The total expense will be 250,000. If
you are interested Contact
me through my
email: elvis.chidera@
gmail.com or post here.
Thanks

Can you present your audited result for the past 3 years, who are the members of the your board, what are you mission statement and vision, what is your corporate culture like, what is the pedigree of the promoter, etc.

dkings101: Hello friends...
I need an advice or help rather. I invested close to N1m in shares years back b4 the price dropped wholesomely. The thing is that, I never assigned a stock broker (was a novice then) to help me manage my investment and till date, I don't have any stockbroker to manage this shares. I don't wish selling the stocks now. What do I do? How do I get a trusted stockbroking firm? If any please advice. Also wat r the pro and cons of stockbrokers.

Can you tell us the shares you bought and how much you bought the stocks.

[quote author=Brand_new]I don't get you.[/quote]If I am not mistaken, this section is tilted towards capital market than small and medium scale businesses or entrepreneurship.

The business section is the preferred section for ideas and opportunities in trading, entrepreneurship and small businesses.

Most start-up entrepreneurs want investors' funds but they do not want reduction in ownership or control.

Born 2be Rich: Bros, i think everybody is waiting for the market to start bringing in the result...It is the only way for now to know which stock is hot or not

Nobody like surprises so lets wait...

Most you wait for results to come out before you position your self in fundamentally good stocks that are selling at a discount.

When results are out, the stock may become hot. It is difficult making on the exchange by chasing hot stocks.

[quote author=Brand_new]I wouldn't mind, but I'm so routing for start-up businesses against established and Blue chips that are more emphasised here. Nigeria's economy needs more SME's to help solve the employment problem. Not everyone can be like Dangote.
So I'll like to volunteer.[/quote]I think that is taken cars of in the Business section.

Seun: Fellow Investors,

We need passionate investors or investment professionals to serve as moderators of this section. Someone who really cares about investment and also cares about keeping this section clean and getting investment topics to the home page regularly. People who can create topics and also facilitate other people's topics. People who will go the extra mile to try to make this section popular and useful to every Nairaland member.

If you think you are a good candidate for this role, please indicate your interest on this thread.

Thanks!!

]

Stock-bull is a good candidate for the job.

yinka2011: hi, your problem can be solved only by CSCS not by coming here and posting this unless you are trying to spoil someone's mood at CSL stockbroking

The guy may not know CSCS, but by coming here Nairalanders have told him the steps to take. A problem shared is a problem solved.

jahofa: please can someone help give me a clue on the procedure of sales of shares? ever since i gave my stockbroker an order to sell my shares, its about two month now and no response from him. each time i call he says that my cheque hasn't been paid . please how do i know if he has sold it and he is playing on me ? please can someone help give me a clue on the procedure of sales of shares? ever since i gave my stockbroker an order to sell my shares, its about two month now and no response from him. each time i call he says that my cheque hasn't been paid . please how do i know if he has sold it and he is playing on me ?

Do you have a stock broking account? What is your CSCS number.

obxddon: Thank God this came up.
I Live in Calabar and have some shares with FCMB and sky bank.Since 2009 I have not recived any dividends from either banks,I paid my broker for the change of address when I moved to calabar and he said he has done it.The name of Firm is YUDERB SECURITIES
the problem now is,the guy I have been in contact with is no longer with the firm and I dont know if he has done the change of address,the person he gave me the number has been acting strange and also I dont have much time to go to lagos.
Please i need help

1. How do I get to contact CSCS
2. If I want to change to another active broking firm,how do I go about it??
3. How do I know if the shares in question have increased( based on share bonus) and how do I get my address changed.

Visit CSL Registrars

CSL SECURITIES (REGISTRARS) LIMITED
Company address
Plot 282A, -Aba Expressway, GRA 11, P. O. Box 13106, River State., Port Harcourt
Phone
084-237772-4
08036948118
Fax
084-237772-4
08036948118
Website
https://csrl.firstcitygroup.com/


That is the nearest branch to your base at Calabar.

Nothing do your stock, be rest assured that your stocks and the bonuses accrued are very safe. I hope you are still getting dividends from your stocks.

I had similar problem when I transferred my stockbroking account from Union capital to BGL, mine took 6 weeks instead about 1 week for the inter broker transfer.

But I followed up at CSCS, Union Capital and BGL. Instead of relying on just online solution, i made personal visits to CSCS and the brokers.

I later found out that it was the officer at CSCS that caused the delay.

Prince 08: House, I need assistance/clarification here. I transferred my shares from CSL stockbroking firm to to Fidelity Stockbroking Limited since July 2011 (Close to 1 year now) with all the documents duly signed. The issue here is that the shares is no longer reflecting in CSL LTD (my former stockbroker) and has not been deposited in Fidelity Stockbrocking Limited (new stock broker).

My questions are as follows: I wonder where the shares has been residing all this while? Which govt agency can I write to in order to fight this anomaly? Your candid responses will highly be appreciated.

I hope the problem is solved.

ayo84: exactly people who take risks, make larger profits, I find it hard why people invest so much money in buying shares, when you can use that money and power a new idea or new trend, its risky also though, but I think one way to grow this country and develop young people is by investing in some of their ideas. Not all ideas see the light of day though, some are overambitious and eventally fail, I think its best to invest in those who have developed a business model which is already working and you can identify cah flow and profit maximisation and you can clearly see where your money investment will go to and ncrease their sales,output,production and profits. I also have an internet startup, and people see demand for our products ,so when we tell people ,that we need their money to drive and expand sales, they can clearly see the opportunity, cos our business model, is pretty straightforward, they see monetisation and they know what an investment can do to increase sales.

The promoter of the start up has parents, brothers, sisters, family, neighbours, friends etc, these should be the first set of people to believe in your idea. Your idea must have been profitable before you can invite outsiders. The invitation of outsiders in most cases is for expansion of the company, it always easy to market or get finance for a well managed company.
If people who are close to you find it difficult to invest in your idea or dream, I dont think it will be proper for any reasonable capitalist to commit fund into such venture.

It still makes a whole of sense to invest in shares of a quoted company with good management and track record than to invest in a start up. The probability of success in most start ups is negligible.

I will invest in a start up if I can own minimum of 51% of the company, and am involved in the financial and marketing of the company. The founder and promoter should limit himself to the technical aspect of the enterprise.

manie: Get the transaction details on your account from CSCS, or from the registrars of the stocks in your account. This will give an idea of where your stocks are, the guys at Fidelity might not be telling you the full story.

You can get the date you were signed out from CSL stockbrokers from CSCS. The information can be accessed online.

scopusng: Never again with local stocks. I still have 7 Milion Naira worth Union dagnostic shares then now worth less that 500k Naira.God punish naija stock market. Mtcheeeeew.
Anyway, the best site for Nigeria stocks. www.cscsnigeriaplc.com

What value did you see in the PP of Union diagnostic, was the company tested and tried before you committed your funds, was the company not overpriced when the PP was sold to gullible investors, were you not carried away by the potential 100% return that would be made in less than 1 year by the promoters of the PP. As a matter of investment principle, i dont do penny stocks, and if i must it should be less than 10% of my total investeable fund.

scopusng: Never again with local stocks. I still have 7 Milion Naira worth Union dagnostic shares then now worth less that 500k Naira.God punish naija stock market. Mtcheeeeew.
Anyway, the best site for Nigeria stocks. www.cscsnigeriaplc.com

What value did you see in the PP of Union diagnostic, was the company tested and tried before you committed your funds, was the company not overpriced when the PP was sold to gullible investors, were you not carried away by the potential 100% return that would be made in less than 1 year by the promoters of the PP. As a matter of investment principle, i dont do penny stocks, and if i must it should be less than 10% of my total investible fund.

elampiro: Wish everyone of you good luck. I am never going to be carried away by the market again. Even if it's gaining 500% in a month. The crash doesn't announce itself. It starts with three consecutive days loss (red) then you see a gain on your share a day (in between) then next days of losses, just like that, and you find yourself in the mud. Till you will be forced to sell at a huge loss or leave it to crash completely while hoping they rise again before you grow grey hair.

If you MUST invest there, don't be carried away by speculations, look at financial performance of the company. But I warn again: Use your money for estate (land, etc).

The stock market is not for you. You invest with knowledge, information and figures.