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Nigerian Stock Exchange Market Pick Alerts - Investment (6554) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 2:15pm On Dec 20, 2021
Who received Airtel Africa dividends in dollars?
I didn't receive mine.
Even though I qualified and have filled out all the necessary forms(E-dividends form, Transfer form, Currency Election form).

UPDATE
[I just sold all my airtel shares today since I didn't receive the dividends]
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:24pm On Dec 20, 2021
yMcy56:
WEMA BANK
Consolidation of shares into 3:1
Looks more like reconstruction worded differently......but more clarity will surface as time goes on.....
https://doclib.ngxgroup.com/Financial_NewsDocs/34684_WEMA_BANK_PLC%20_NOTICES_OF_COURT_ORDER_MEETING_(COM)_%20.pdf

After Mansards reconstruction.

I will start avoiding companies doing reconstruction.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by erwinschro: 2:46pm On Dec 20, 2021
OBAGADAFFI:


After Mansards reconstruction.

I will start avoiding companies doing reconstruction.


Hmm my brother. Once bitten twice shy. Mansard also taught me a serious lesson this year
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 3:39pm On Dec 20, 2021
erwinschro:


Hmm my brother. Once bitten twice shy. Mansard also taught me a serious lesson this year

I learned my lesson with Unity Bank of that year. Reconstruction? Run!!!
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:12pm On Dec 20, 2021
Lion123:


I learned my lesson with Unity Bank of that year. Reconstruction? Run!!!

It's not reconstruction, but 'refrustration' in reality.... grin grin grin

Whoever chooses to inhabit a building over which Julius Berger cranes are hovering with heavy cranes has no better alternative way of carrying out his financial suicide... grin

From the untidy creeks of Unity to the mountains of Mansard, scorched bones of earlier reconstructions screams for skins... grin

On NGX, once a company's lips start forming 'Re..', don't wait to hear what follows. Confirm it from others after you are 1000Km away... grin

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:25pm On Dec 20, 2021
Almost all the transgender companies on NGX are having birth issues... grin
You can't become a virgin after retirement from a brothel! grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:53pm On Dec 20, 2021
DeRuggedProf:
Almost all the transgender companies on NGX are having birth issues... grin
You can't become a virgin after retirement from a brothel! grin

what? grin grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:50pm On Dec 20, 2021
grin grin grin grin grin
DeRuggedProf:
Almost all the transgender companies on NGX are having birth issues... grin
You can't become a virgin after retirement from a brothel! grin
Re: Nigerian Stock Exchange Market Pick Alerts by IHelp: 7:07pm On Dec 20, 2021
yMcy56:

Caverton declared 10kobo dividend for 2020 FYE.
Declared around April 2021 or so.....
Okay. Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by BOSMANARIS(m): 8:24pm On Dec 20, 2021
Wapgod:
Who received Airtel Africa dividends in dollars?
I didn't receive mine.
Even though I qualified and have filled out all the necessary forms(E-dividends form, Transfer form, Currency Election form).

UPDATE
[I just sold all my airtel shares today since I didn't receive the dividends]

Can I talk to you in private, Bro

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 10:45pm On Dec 20, 2021
BOSMANARIS:


Can I talk to you in private, Bro
About what?
Send me an email at alt.j7-3oys323i@cool.fr.nf within the next two days.
Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 5:30am On Dec 21, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by hasankhan: 6:21am On Dec 21, 2021
i love your post its so informative Le Nation Niger thanks for posting keep posting wonderful post on daily bases!
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:54am On Dec 21, 2021
naturalflow:
MEAT OR BONE? https://nairametrics.com/2021/12/20/ronchess-global-resources-plc-lists-shares-on-nigerian-stock-exchange-targets-n7-3bn/

NOTORE on my mind, I can't explain sha.
Most times when meat finish, stew go cover bone waka come dinning .. grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:59am On Dec 21, 2021
One key thing before you press that BUY button, STOP!
Ask yourself is this stock better than Zenith?
What do I seek to gain above buying Zenith.

NB: Just using Zenith for clarity.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by silicon: 12:27pm On Dec 21, 2021
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Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 1:02pm On Dec 21, 2021
DeRuggedProf:


NOTORE on my mind, I can't explain sha.
Most times when meat finish, stew go cover bone waka come dinning .. grin grin grin



prof on the beat. grin
Re: Nigerian Stock Exchange Market Pick Alerts by joboy834: 5:29am On Dec 22, 2021
Please for those who bought the recent MTN public offer, when are they receiving their shares.

A friend of mine bought through a stockbroker using his trading account, but he's yet to get the shares. His stockbroker said MTN is yet to release those shares.

Your explanation will be much appreciated.

Thank you
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 7:41am On Dec 22, 2021
joboy834:
Please for those who bought the recent MTN public offer, when are they receiving their shares.

A friend of mine bought through a stockbroker using his trading account, but he's yet to get the shares. His stockbroker said MTN is yet to release those shares.

Your explanation will be much appreciated.

Thank you

Please note when shares are bought through public offer, allotment is not done immediately. There is always a schedule of activities from the period of the offer till allotment.

Allotment of shares is done by the registrars in collaboration with the issuing house and cscs.
Whether you bought through a broker or the bank it's the same procedure.

The information on allotment will be published on the NGX when it's done.
Just be patient.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 9:17am On Dec 22, 2021
BullBearMkt:
IS IT WISE TO FOLLOW OTEDOLA TO BUY INTO FBNH ?
From the chat, Otedola has been accumulating FBNH since September/October and not now when they make it public. Invariably, he bought the shares 8 - 9 naira. With this, smart monies have pushed the price to break above the trendline which is positive. But is it wise to buy FBNH now? A good approach is to await for a pullback before joining the smart monies...

https://invst.ly/wxhtb

PLAN YOUR TRADES AND TRADE YOUR PLANS
grin grin grin grin grin

Otedola did not buy at 8-9 Naira. He bought at a much higher price I think

FBN is currently over priced though.

Eku market o

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by joboy834: 9:49am On Dec 22, 2021
emmasoft:


Please note when shares are bought through public offer, allotment is not done immediately. There is always a schedule of activities from the period of the offer till allotment.

Allotment of shares is done by the registrars in collaboration with the issuing house and cscs.
Whether you bought through a broker or the bank it's the same procedure.

The information on allotment will be published on the NGX when it's done.
Just be patient.

Thank you
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:27pm On Dec 22, 2021
wanaj0:


Otedola did not buy at 8-9 Naira. He bought at a much higher price I think

FBN is currently over priced though.

Eku market o

N16 huge quantity through APT Securities.
This does not rule out my suspicion that the people that kept accumulating FBNH from N7 were not his agents.... grin
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:27pm On Dec 22, 2021
I guess you saw his investment portfolio. The chart/volume shows when he most likely bought the shares. Forget about what they want "you" to believe
grin grin grin grin grin
wanaj0:


Otedola did not buy at 8-9 Naira. He bought at a much higher price I think

FBN is currently over priced though.

Eku market o
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:32pm On Dec 22, 2021
BullBearMkt:
I guess you saw his investment portfolio. The chart/volume shows when he most likely bought the shares. Forget about what they want "you" to believe
grin grin grin grin grin


He bought through cross deals that were packaged by APT Stockbrokers, cross deals are usually at a premium, cross deals aimed at being a substantial shareholders ie having 5% and above are done at super premium
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:54pm On Dec 22, 2021
Yeah! I read that online sometimes in October. But my chart tells me accumulation increased substantially from September. I don't believe Nigerians with all these abracadabra.. the more you look, the less you see

grin grin grin grin grin
emmanuelewumi:



He bought through cross deals that were packaged by APT Stockbrokers, cross deals are usually at a premium, cross deals aimed at being a substantial shareholders ie having 5% and above are done at super premium
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:58pm On Dec 22, 2021
BullBearMkt:
Yeah! I read that online sometimes in October. But my chart tells me accumulation increased substantially from September. I don't believe Nigerians with all these abracadabra.. the more you look, the less you see

grin grin grin grin grin

The accumulation price from cross deal won't reflect on the price on the stock exchange.


Cross deal prices are negotiated "off-market"
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 2:08pm On Dec 22, 2021
I hear you Pa emmanuelewumi. More reasons not to trust people at the helm of affairs in Nigeria. If cross deals are not to reflect and data from NSE shows a volume a bit in excess of what Ote$ acquired, then many people should be in jail for lying
grin grin grin grin grin
emmanuelewumi:


The accumulation price from cross deal won't reflect on the price on the stock exchange.


Cross deal prices are negotiated "off-market"

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:15pm On Dec 22, 2021
BullBearMkt:
I hear you Pa emmanuelewumi. More reasons not to trust people at the helm of affairs in Nigeria. If cross deals are not to reflect and data from NSE shows a volume a bit in excess of what Ote$ acquired, then many people should be in jail for lying
grin grin grin grin grin


Cross deals are off market deals.

Prices are determined by the seller and buyer and not the stockmarket. Otedola's deal was secretly packaged and delivered by Malam Garba Kurfi of APT Stockbrokers



There is nothing illegal in cross deals

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:19pm On Dec 22, 2021
wanaj0:


Otedola did not buy at 8-9 Naira. He bought at a much higher price I think

FBN is currently over priced though.

Eku market o


Correct
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:22pm On Dec 22, 2021
DeRuggedProf:


N16 huge quantity through APT Securities.
This does not rule out my suspicion that the people that kept accumulating FBNH from N7 were not his agents.... grin


Kurfi might have bought . And started to sell to Otedola at a huge premium. Kurfi was one of the sellers, who got more sellers to sell to Otedola.

Cross deal is better, if you are buying or selling very huge volumes


If Otedola wanted to buy his almost 2 billion units of First Bank shares on the floor, the stock price would have gotten to N30

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:25pm On Dec 22, 2021
You can buy 1 billion units of shares within a month through cross deals, but it might take a strategic Investor 12 months to do so within his price range on the floor

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 2:28pm On Dec 22, 2021
Has anyone received cutix bonus share?

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