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OBAGADAFFI's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:45pm On Mar 30, 2020
9jatriot:
He can check the contract paper they may have sent him for the UBA purchase he said he made, the number will be there. That should be the CHN number I think.
Yes, the number is always on the contract note.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:29pm On Mar 30, 2020
wamiikechukwu:
I remember paying some naira as CSCS commission, but wasn't given any number.


I think the letter is what they did...


Please Can you tell me the essence of having a CSCS number.
Call them and request for your CSCS number.

That is your number on the NSE.

With that number, you can you request account statement from CSCS, if the doubt you wealth.ng statement.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI:
1kinggy:
Wealth buys shares in their name and keep a tally of your buy/sells.

The advantage I can see in this system is that, you don't have to worry about mandate forms to receive your dividends.

I think TROVE does thesame for your local stocks but buys foreign stocks in your name.

The CSCS commission is in every transaction, either by a regular broker or online broker.
Let me help clear up some issues about wealth.ng


Wealth.ng is a product of Sankore Securities Limited, just like investnow.ng from United Capital.

Sankore Securities is your broker .


All shares you buy must be in your name, except you subscribe to the mutual funds products.

Some brokers can help your mandate with the registrars, while others will others will charge you for it.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:19pm On Mar 30, 2020
OakPearl:
You be real bible scholar. grin
grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:45pm On Mar 30, 2020
OakPearl:
Na them and remote service providers dey shine for US stocks this season.
Maybe as NAFDAC just approved the manufacture of chloroquine drugs in Nigeria to fight covid-19, its their turn here too.
Na Phama get this year.

Everyone is buying drugs and co.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:56pm On Mar 30, 2020
UBA just gave LSG another N1 Billion
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:35pm On Mar 30, 2020
Mcy56:
How you make U-turn amazes me. shocked shocked
Anyway, it touched it intraday with all volumes below 100k block, price didn't change yet.
Guess you're looking for bargain and want to create panic. tongue
Leave our uncle Cephas. grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:31pm On Mar 30, 2020
Mcy56:
Lol. Just like week I mentioned that nobody remembers the pharmaceutical coys. Maybe this is their time. grin
There were cross deals in Meyer too, people should just be careful of this.

Glaxo, Neimeth on full bid
Yes now, they are receiving a lot of funds from both the Government and Private sector.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:09pm On Mar 30, 2020
https://nairametrics.com/2020/03/21/covid-19-list-of-pharmaceutical-firms-that-will-receive-grants-from-the-cbn/

The chosen ones: Some of the pharmaceutical companies listed by the CBN Governor are Fidson Healthcare Plc, May and Baker Plc, Neimeth International Plc, Unique Pharma, Swiss Pharma, Dana Pharma, Orange Drugs, Sagar, GSK, Emzor Pharmaceuticals. Mr Emefiele also mentioned that the list was not exhaustive as more companies could also benefit.

Pharmaceutical companies are going bullish

RabbiDoracle,
OGG,
Mcy56
TLAX:
PROF
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:01pm On Mar 30, 2020
Thinkbigga:
However, the minister and CBN governor noted: ” To ensure that Nigerians can still perform online transactions and use ATMs whilst observing these restrictions, we will like to inform the general public and all affected stakeholders that we have obtained exemptions from the President to allow very skeletal operations in the Financial System and Money Markets in order to keep the system in light operations during this time”
Yes

This was after the President Speech.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:58am On Mar 30, 2020
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC grin grin grin grin
MAY & BAKER NIGERIA PLC. grin grin grin
FIDSON HEALTHCARE PLC grin
GLAXO SMITHKLINE CONSUMER NIG grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:54am On Mar 30, 2020
Thinkbigga:
https://thenationonlineng.net/buhari-exempts-banks-others-from-lockdown/
A statement jointly issued by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed and Central Bank governor, Godwin Emefiele on Monday appealed to President Buhari to enable the financial services sector particularly banks render skeletal services. cheesy cheesy cheesy
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:34am On Mar 30, 2020
Brent this morning cry

God help us.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:05am On Mar 30, 2020
RabbiDoracle:
Most countries have been trading online since.

It is even a plus that Nigeria can sustain online trading inspite of the challenges.

Our cases are not as high as places in EU grin

Na Spain and Italy weak me pass. And they will be making mouth that they are developed economies.
Well, Corona is showing them real development.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:48pm On Mar 29, 2020
onegentleguy:
Read the above post again dear.
...the NSE will be open for business tomorrow.

Selah
Thanks.

Just my fears .
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:36pm On Mar 29, 2020
onegentleguy:
Market will open.
These things have already been taken into consideration. ...that's why the exchange went into REMOTE TRADING.
Trading floor was already closed before now.(since Wed, 25th March)

Pls do well to be guided accordingly.
What happened last week was temporary, even Banks were running skeletal service.

But today

Read the exempted organizations

This order does not apply to hospitals and all related medical establishments as well as organizations in health care related manufacturing and distribution.

39. Furthermore, commercial establishments such as;

a. food processing, distribution and retail companies;

b. petroleum distribution and retail entities,

c. power generation, transmission and distribution companies; and

d. private security companies are also exempted.

40. Although these establishments are exempted, access will be restricted and monitored.

41. Workers in telecommunication companies, broadcasters, print and electronic media staff who can prove they are unable to work from home are also exempted.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:19pm On Mar 29, 2020
sellydion:
Why? good news. bah
Bad news.

If NSE is closed for two weeks, economic recovery will be very see slow.

Note: We are approaching Recession.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:06pm On Mar 29, 2020
locodemy:
Assuming there is bull in this week,how will investors who want to buy shares pay to their brokers if they don't have online access?

Market may use this opportunity to do some ojoro.
Market might not open.

They're not exempted from lock down
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:05pm On Mar 29, 2020
NSE might go offline with this lockdown.

This is bad news
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:36am On Mar 27, 2020
DexterousOne:
China crime my black ass


Trump allowed this disaster happen

He has not been, and still has refused to be proactive
Oh really, were did the Virus started ?

Why the China cover up since last year.

When WHO warned China, instead of taking actions. They shut down the news, arrested Doctors that leaked the news.

Well , this is stocks market thread, no need for this here.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:19am On Mar 27, 2020
DexterousOne:
Its not an attack on America


Trump's foolishness and non challantness is largely to blame for these deaths and the spread

From the way he handled the issue ab initio

To allowing under your watch 90% of your medical supplies and drug come from China (which btw you have marked as a trade adversary and slammed tariff after tariff)
To refusing to invoke the defence production act
To disbanding the medical emergency response team

To defunding the CDC

And the list is endless


May God never allow a demagogue like Trump lead my Nigeria

Now he is saying that things should be normal by Easter Sunday even when his medical advisers are singing the opposite
He is still insisting


May God be with America sha

Germany is doing a good job in containing this.
And Britain to an extent
And you Blame Trump for a China's crime.

When was insisting US should stop Manufacturing in China people were wailing.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:56pm On Mar 25, 2020
ebuka1997:
http://www.nse.com.ng/market_data-site/other-market-information-site/FPI%20Report/NSE%20Domestic%20and%20FPI%20Report%20February%202020.pdf

The Foreign Investors we’re still in the market as at February according to this report from NSE... the domestic Investors even dumped more than them
FPIs will always be in the Market, their portfolio size might be fluctuating depending on the situation.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 8:59pm On Mar 24, 2020
https://www.quora.com/Who-is-currently-the-worlds-greatest-stock-trader/answer/Anthony-Andranik-Moumjian?ch=1&share=5dc98b41&srid=3N0a



He doesn’t have a background in finance. He doesn’t pretend.

Ph.D. in mathematics out of Berkeley. He founded his hedge fund, Renaissance Technologies, in 1982.

The only people working for him were and are mathematicians and scientists.

He didn’t hire people with a financial background.

He has the best track record on wall street: 70% returns each year over 30 years from 1988 to 2018.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:38pm On Mar 23, 2020
The Federal Inland Revenue Service (FIRS ) has collected the sum of N338.1 billion revenue for January 2020 as against N620.2 billion tax target for the month.

Winter is here
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:54pm On Mar 23, 2020
Information coming from the CBN is not helping the Market
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:16pm On Mar 22, 2020
wamiikechukwu:
Guys please your humble opinion is still needed
Welcome.

First,you need the read this thread from October last till date. This period contains lots of information about what is going on with the Market right now and the future.

Second, the Market is on downward trend, for investors this is the right time to take position.
But always read this thread and ask questions before buying.

Finally, open a Stock broken account.

Cheers
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:47pm On Mar 22, 2020
PETERiCHY:
The moment Dividend Hunters discover AGMs postponement grin grin grin
Interesting times.

We will still get our dividends.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:23pm On Mar 20, 2020
Slowly loading JB
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:35pm On Mar 18, 2020
yMcy56:
This market is just something else.....one moment stocks were losing, the next moment they were gaining. Just unstable and tiring. smiley
The reason is due to fear of uncertainty

Just look at JB with impressive result, dividend and Bonus
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:29pm On Mar 18, 2020
PETERiCHY:
Congrats to BARGAIN HUNTERS that took our candid advice OANDO now on full bid at N2.21k grin
Seriously,

After all your negativity about Oando, you still buying Oando?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:27pm On Mar 18, 2020
Godisfaithful:
SAUDI ENERGY MINISTRY SAYS DIRECTS ARAMCO TO CONTINUE TO SUPPLY CRUDE OIL AT A LEVEL OF 12.3M BPD OVER COMING MONTHS
These people are making Oil business unattractive
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:14pm On Mar 17, 2020
yMcy56:
Offer was available for UBN since and the bid not that heavy nah.
UBN price didn't change much also cos it looks high already self. For them to consider that price, Zenith needs to move back to the 17/18 region or they beat down the price of Union like you said.
Anyway we see how it goes.....
Lets see how it goes

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