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Nigerian Stock Exchange Market Pick Alerts - Investment (6737) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 7:18pm On Jul 03, 2022
Dum20:
What is with Ardova?
I don't think there's cause for Alarm yet. It's just regulatory issues that has to do with not meeting up with the deadline of result submission.... (MRF - Missed Regulatory Filing).
Once the results are submitted and fine paid (or genuine explanation tendered), the suspension will be lifted.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 7:23am On Jul 04, 2022
New article alert...
Hope you learn a thing or two...

https://stocksng.com/broad-street-chronicles/

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:14am On Jul 04, 2022
ARDOVA
To file audited report on/before 8th July, 2022.......
Late submission was due to Enyo acquisition and need to consolidate results .....
https://doclib.ngxgroup.com/Financial_NewsDocs/36297_ARDOVA_PLC%20ARDOVA_PLC_SET_TO_FILE_2021_AUDITED_FINANCI.pdf

AFRI ALLIANCE
Late filing press release...
https://doclib.ngxgroup.com/Financial_NewsDocs/36300_AFRICAN_ALLIANCE_INSURANCE_PLC%20PRESS_RELEASE_ON_LATE_F.pdf

Is ZENITH making U-turn or we're still waiting for the dumper towards close of market??
Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 10:38am On Jul 04, 2022
UPDC! wetin or una don see the result?

Aunty Mercy! grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:20am On Jul 04, 2022
Marketapprentic:
UPDC! wetin or una don see the result?
Aunty Mercy! grin
Guess UPDC is responding to improved result....not aware of any news driving it.
UPDC is for long termer who could wait it out in my opinion...... we've discussed about it here in the past.
Re: Nigerian Stock Exchange Market Pick Alerts by Parisfran(f): 12:05pm On Jul 04, 2022
This people know what they are doing. Imagine a small stock holder with N5,000 worth of accumulated dividend, why will they have to travel from out of their state come all the way to the registrars Lagos office and start all this drama.

SEC told them to stop asking for Bankers confirmation before they approve e-dividend, yet many still ask. Most of them don’t even reply to email submission of e-dividend.

Best thing for me going forward is to only buy shares in companies that are using reasonable registrars.

ololufemi:


Well said my brother but you know how things are in this Country. The only thing a lot of the people who act like Dinosaurs know is the word "Aggressive Change". I think we should set up a Cooperative that will assist people by getting necessary Court Orders to force the Registrars and the Stockbrokers to do their jobs and make the Capital Market transactions easier for people.

I have been chasing a plethora of outstanding dividends for some time and a particular Registrar told me they would only accept a signed Share Transfer Form instead of a Banker's s Confirmation of Signature Letter ("BoCL"wink. I requested to see their Head of Operations and asked for an explanation on why a BoCL was not acceptable. I had to explain to her that a BoCLwas moresecure.and noteworthy than the signed STF they were requesting because it requires physical presence, pictures, signatures which are verified at the bank as well as a Bank account with details similar to what the Registrars have in their records.

The Registrars agreed to accept the BoCL after my dogged explanation but they called several weeks later to tell me the signature was irregular. The signature wey I sign on the BoCL is the one I dey use withdraw money from the account o! I went to the Bank to resolve it and the Bank showed me that they confirmed the document to them.

We still dey on the matter o! It was when I threatened them to take them to an Arbitration panel or Court that they started behaving like they were concerned about resolving it. I know say na format.
Re: Nigerian Stock Exchange Market Pick Alerts by Ibrahim505(m): 4:55pm On Jul 04, 2022
Parisfran:
This people know what they are doing. Imagine a small stock holder with N5,000 worth of accumulated dividend, why will they have to travel from out of their state come all the way to the registrars Lagos office and start all this drama.

SEC told them to stop asking for Bankers confirmation before they approve e-dividend, yet many still ask. Most of them don’t even reply to email submission of e-dividend.

Best thing for me going forward is to only buy shares in companies that are using reasonable registrars.

.
I have to abandoned my 2019 zenith dividend as veritas insist i that, my broker did not submitted the signed transfer form to them so, I should send mandate form to them through my bank. Morgan capital even shared with me the copy of the signed transfer form they sent to them.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 6:29pm On Jul 04, 2022
Ibrahim505:
.
I have to abandoned my 2019 zenith dividend as veritas insist i that, my broker did not submitted the signed transfer form to them so, I should send mandate form to them through my bank. Morgan capital even shared with me the copy of the signed transfer form they sent to them.

Are you in Nigeria? If u dey Nija why not got to your bank and have them send the damn mandate form.

Alternatively, register with CSCS, Central Security Clearing System, for a very small annual fee. Among other things, in there you can chat with an attendant who can help you follow it up. I once had a similar issue and the attendant was very helpful.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Parisfran(f): 6:33pm On Jul 04, 2022
Ibrahim505:
.
I have to abandoned my 2019 zenith dividend as veritas insist i that, my broker did not submitted the signed transfer form to them so, I should send mandate form to them through my bank. Morgan capital even shared with me the copy of the signed transfer form they sent to them.

I can imagine.
I don’t even want to write all my life history with registrars. Some old 2007 shares are stuck in limbo because the broker was a 1 man business and the business have closed. SEC has details of this transaction, because it’s part of the non-mandated shares on SEC website.

Called and emailed the registrar, explained the situation and have asked for the way out, not gotten a single response.

These are all relatively small money, but for me it’s the principle of these things. Because this is how people’s assets suddenly disappear and their inheritors end up not having access to the shares or the dividends.

Yet SEC is wondering why young Nigerians are investing in foreign stocks and ignoring the NSE.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 6:43pm On Jul 04, 2022
How many companies are really making money.........Diesel @ 800 is killing Companies that have to distribute their Goods and services.......Food is going to climb to all time high this year as fertilizers are already selling more than 200% their usual price,same with pesticides, All manufacturing companies that have to source their raw materials outside their production facilities are in soup.........
Inflation has eaten deep into the masses purchasing power.............

All top line revenue reported by companies when adjusted for real values will show drastic reduction in volume...........................If things continue like this without improvement, serious tsunami awaits NSE..............

I forsee Grand-Pa Bear Market in next 18months

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 11:34pm On Jul 04, 2022
E ku market oooooo
Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 8:53am On Jul 05, 2022
Godisfaithful:
E ku market oooooo

grin I understand bros
Re: Nigerian Stock Exchange Market Pick Alerts by eziokwunwoko(m): 8:59am On Jul 05, 2022
Good morning House
Opinion needed
Multiverse Mining: Buy or Sell Recommendation

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sirrotex: 9:32am On Jul 05, 2022
How serious are you about this? I know someone who has a MFB license in Lagos for sale
PNomsule:
I need a finance company licence, it takes time to get granted by the CBN, anyone knows who is willing to sell theirs, let's talk ASAP.
Re: Nigerian Stock Exchange Market Pick Alerts by PNomsule: 9:48am On Jul 05, 2022
sirrotex:
How serious are you about this? I know someone who has a MFB license in Lagos for sale

Very serious...

Not an MFB, as we don't want to be collecting deposit money. Strictly a Finance House, for emphasis, a lending licensed Finance House.
Re: Nigerian Stock Exchange Market Pick Alerts by SmartMoneyGuy: 10:09am On Jul 05, 2022
Thank you Dr Awo the 1st.

Lesson Learned. Great insight there.

DrAwo:
New article alert...
Hope you learn a thing or two...

https://stocksng.com/broad-street-chronicles/

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 10:33am On Jul 05, 2022
UPDC again. Have they seen or heard something? Abeg , make I que for line too.
Re: Nigerian Stock Exchange Market Pick Alerts by sirrotex: 11:29am On Jul 05, 2022
It's the one of a MFB that I know for now
PNomsule:


Very serious...

Not an MFB, as we don't want to be collecting deposit money. Strictly a Finance House, for emphasis, a lending licensed Finance House.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:43am On Jul 05, 2022
Marketapprentic:
UPDC again. Have they seen or heard something? Abeg , make I que for line too.


Something is loading in UPDC.

Custodian Investment don't disappoint
Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 1:32pm On Jul 05, 2022
OBAGADAFFI:


Something is loading in UPDC.

Custodian Investment don't disappoint

I think so too cuz the activities there since yesterday point to that. Once you bring out load , it will vanish before you know it. I don enter line but they no wan drop

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 1:37pm On Jul 05, 2022
SmartMoneyGuy:
Thank you Dr Awo the 1st.

Lesson Learned. Great insight there.
The pleasure is all mine sir...
I'm glad it was helpful.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:16pm On Jul 05, 2022
Marketapprentic:


I think so too cuz the activities there since yesterday point to that. Once you bring out load , it will vanish before you know it. I don enter line but they no wan drop

what is cooking there?
Re: Nigerian Stock Exchange Market Pick Alerts by sirrotex: 5:08pm On Jul 05, 2022
I have been able to get someone with your request. Kindly reach out on ocube.business@gmail.com so we don't disturb this thread
PNomsule:


Very serious...

Not an MFB, as we don't want to be collecting deposit money. Strictly a Finance House, for emphasis, a lending licensed Finance House.
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 5:40am On Jul 06, 2022
Despite serious supply problems in the market, oil prices crashed on Tuesday morning due to renewed recession fears and the prospect of demand destruction.

Whilst most of 2022 could only be characterized as a period of hardship for Europe’s embattled industries, things are about to get even worse as Russian pipeline supply falls and power prices across the continent soared.

https://oilprice.com/Energy/Energy-General/WTI-Drops-Below-100-For-The-First-Time-Since-April.html

There is FIRE on the MOUNTAIN
RUN! RUN!! RUN!!!

Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 7:09am On Jul 06, 2022
ukay2:


what is cooking there?

My chair, I don't really know but trading activities there is showing something. I think somebody has seen or heard something that is still on the way, after all we dey announcement period. Or It could just be OJO-ELEGBA EFFECT grin.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 7:11am On Jul 06, 2022
PETERiCHY:
Despite serious supply problems in the market, oil prices crashed on Tuesday morning due to renewed recession fears and the prospect of demand destruction.

Whilst most of 2022 could only be characterized as a period of hardship for Europe’s embattled industries, things are about to get even worse as Russian pipeline supply falls and power prices across the continent soared.

https://oilprice.com/Energy/Energy-General/WTI-Drops-Below-100-For-The-First-Time-Since-April.html

There is FIRE on the MOUNTAIN
RUN! RUN!! RUN!!!

Katanga apostle grin. I hope you will not disappear again when fire no come katanga?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:22am On Jul 06, 2022
Banks may seem unloved now but they need to rally very hard soonest. This should send banks stocks very high.

Don't get shaken out. Do your due diligence.

8 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:50am On Jul 06, 2022
ACADEMY PRESS
Final Dividend: 0.10k
Bonus: 1:4 (One for every 4 held)
Qualification Date: 16th Sept, 2022
Payment Date: 29th Sept, 2022
Registrar: Pace Registrars
A good one from Academy Press... cool
https://doclib.ngxgroup.com/Financial_NewsDocs/36313_ACADEMY_PRESS_PLC%20CORPORATE_ACTION_CORPORATE_ACTIONS_.pdf

Dividend and bonus hunters food don land oo.
Who says @Locodemy no dey see road...... wink

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by joedguy: 11:22am On Jul 06, 2022
Gud morning. Pls madam ymcy is mytradebook having login problem
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:30am On Jul 06, 2022
joedguy:
Gud morning. Pls madam ymcy is mytradebook having login problem
Seems so.
I checked when I saw this post and couldn't login either.
Maybe they're carrying out maintenance again. Don't know what those guys problem.s are.
You may try and keep checking to know when they're back.
Re: Nigerian Stock Exchange Market Pick Alerts by joedguy: 11:40am On Jul 06, 2022
yMcy56:

Seems so.
I checked when I saw this post and couldn't login either.
Maybe they're carrying maintenance again. Don't know what those guys problem.s are.
You may try and keep checking to know when they're back.
Ok thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 12:41pm On Jul 06, 2022
yMcy56:
ACADEMY PRESS
Final Dividend: 0.10k
Bonus: 1:4 (One for every 4 held)
Qualification Date: 16th Sept, 2022
Payment Date: 29th Sept, 2022
Registrar: Pace Registrars
A good one from Academy Press... cool
https://doclib.ngxgroup.com/Financial_NewsDocs/36313_ACADEMY_PRESS_PLC%20CORPORATE_ACTION_CORPORATE_ACTIONS_.pdf

Dividend and bonus hunters food don land oo.
Who says @Locodemy no dey see road...... wink

Lol ... shocked
good one from Academy..
Spot on from Loco here..
Good penny stock in my portfolio...

1 Like

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