Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 12:17pm On Sep 23 |
Clearly understood... appreciate Frangel: You don't need to take any action. Just receive your 50k per share from today. It's a distribution (refund kinda) from part of your capital already in the company. Pete002 has stated the exact position. The company will do the basic accounting entry in-house. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 11:06am On Sep 23 |
So what's the determined value placed on each share Though another contribution above stated clearly that individuals would not have their shares cancelled mikeapollo: Each single share to be cancelled has a determined value already calculated or placed on it. You get the quantity of shares when you divide the total amount of capital (money) to be returned by the value placed on each share |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 10:36am On Sep 23 |
I appreciate the enlightenment. Pete002: I got this somewhere: What's being reduced is the share premium account ;an accounting entry on the balance sheet, not the actual shares you own. International Breweries' own regulatory filing on this transaction stated explicitly: "There will be no reduction in the number of shares in issue." You keep exactly the same number of shares you held before — nothing gets cancelled or withdrawn. You just also receive N0.50 per share in cash on September 23, and (like any cash distribution) the share price typically adjusts down by roughly that amount on the ex-date to reflect the cash leaving the company. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 10:25am On Sep 23 |
Thanks for shedding light. But how do they determine the quantity of shares to be cancelled that corresponds to the capital returned? mikeapollo: Yes, but capital return would not have deduction of withholding tax and the shares will be cancelled after shareholders receives the money i.e. the capital sum of the share has been returned and the share is withdrawn or cancelled by the company |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 10:39am On Sep 15 |
Respect @Megawealth01. Thanks for sharing research info as seen on internet. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 7:27am On Sep 11 |
International breweries management, when are we getting our 10 for 1 bonus shares as compensation for all these years of tears? You can do it.... |
Travel › Re: Lagos-ibadan Expressway Gripped By Severe Gridlock, Travellers Warned (Photos/Vi by MODESTY2024: 11:45pm On Aug 25 |
Is the gridlock cleared now? Please someone should give update |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 12:56pm On Jul 31 |
Not just that, there is politics around governments handling. Opposition figure PO is invested there. All his associated businesses are prime targets to be frustrated. Itzlinda: It is a way of discouraging alcohol consumption. Their company is adding to the health care crisis in the country so they have to pay for it |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 4:59am On Jul 23 |
It's obvious that politrikcians are buying up stocks using proxies, as a way to store looted public funds. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 3:20am On Jun 26 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 4:13pm On Jun 25 |
For some stocks, no bailing out until target price attained. It's all a game. Shake out weak hands and transfer wealth Shalom428: Companies with strong Q2 results should enjoy some respite in July and August. That window may provide an opportunity for those wishing to bail out, because afterwards, it will be ‘to your tents, O Israel
Shalom |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 3:54pm On Jun 17 |
ANNOYING list should include IB, NB, CHAMPION. Let's populate the list yMcy56: JAIZBANK The heavy cross dealer is buying up while the yeye cross dealers in other stocks kept buying down and crashing the prices in the process....
FCMB for instance is becoming annoying.....not to even mention that ACCESS  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 8:12am On Jun 17 |
 deathwing: Well, farting in public in front of people definitely warrants you being looked at like a 'tard' because it goes against simple social graces. Because you will become a millionaire in future doesn't mean you should mess inside my mouth today. I don't understand why the chicks have to 'knew' anything. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 9:02am On Jun 08 |
Yes oh. Messing around with their brain  Umehj88: Do you mean INTERNATIONAL BREWERY'S |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 1:45am On Jun 08 |
Help pass the message to IB accumulators that they can't get more to accumulate until after N60 essentialone: If since January till now, your total Portfolio has not gained more than 57%, then you chose wrong stocks, and you need a complete Portfolio Reshuffling... |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 7:33am On May 28 |
IB accumulators, don't be greedy. Una don gather enough to allow this stock move. After N60 you can accumulate more. This na for Una welfare to avoid heartbreak of unfulfilled expectation trying to accumulate more at under N13.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 10:28am On May 21 |
IB kwontinue the shake-out oh. We sidon jejely dey look you oh |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 10:33am On May 02 |
Only OGG writes as constructive and sweet as you do. My wild guess is this is OGG Mankind2024: Even the sharpest seers and crystal-ball gazers among you could not unravel the ordinary person behind this moniker, quietly doing extraordinary things. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 6:04pm On May 01 |
CHAMPION NB IB Kwontinue the shake-out till Una tire. We dey gidigba. After 5x of present price, we handover |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 12:42pm On Apr 13 |
Those majority shareholders have been accumulating ridiculously pegging down share price at absurd low, with aggressive shake-outs. Wen they belleful naim share price go move. Abracadabra Streetinvestor2: I have been buying creates for workers and visitors at site since March. The 51 billion return on profit for 2025 is a game changer after many yrs of loss.Then debt burden is off thr shoulders. I equally believe thr malt drinks is the highest selling malt drink presently in naija Then the majority shareholders are holding over 90% of the shares presently ok |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 8:35am On Apr 11 |
Agreed. Na IB NB CHAMPION dey do abracadabra gabscity: No Abracadabra in GUINESS. Diageo left due to FX wahala. New investors went in and pump in money into the company, hence thw turnaround. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 6:08am On Apr 11*. Modified: 6:29am On Apr 11 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 10:35pm On Apr 10 |
Agreed. But the disparity is too much. Other factors as mentioned are in play NSEstudent: I think dilution is why NB for instance is lagging Guinness. Fx did them dirty. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 8:29pm On Apr 10 |
NGX also does abracadabra. Imagine GUINNESS chasing N500 and the likes of IB NB CHAMPION still trading at ridiculous levels comparatively. Accumulation greed and shake-out game no be here. ositadima1: Another thing before I go to sleep: the NGX is quite slow to react to news and fundamentals, both negative and positive. That is one big secret.
If a stock is going to make a strong move, the kind that “enters the bus and locks the doors”, it would have given signals long before. In my six years in the NGX, I have never seen a stock just zoom like that. It will first “shake its body” and call for passengers before moving. The problem is that when it is calling, most of us do nothing because of fear and uncertainty. By the time it starts moving, it’s already too late, or it has gone too far.
I bought Zenith between 17 and 20 on average, and I saw it hit its milestones one after another, each with clear warnings. I saw it get to 30, then 40, 60, 80, 100, etc. None of those moves were sudden, each level gave ample time for entry. That is the beauty of the NGX. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 11:54am On Apr 10 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 12:11pm On Apr 08 |
These accumulators of NB and IB, when will you guys be satisfied. Imagine GUINNESS doing over 400 and these two still trading at ARTIFICIALLY SUPPRESSED LEVELS. Greedy people everywhere |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by MODESTY2024: 5:16pm On Aug 22, 2024 |
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