Nigerian Stock Exchange Market Pick Alerts - Investment (639)

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Re: Nigerian Stock Exchange Market Pick Alerts by Primetech(m): 1:56pm On Feb 23, 2015

immanuello:
oh thank you primetech. As regard the....... pm me.

I seem to have difficulty in contacting u... 08069044040.

Wuld appreciate.

Re: Nigerian Stock Exchange Market Pick Alerts by ogadeolu: 1:58pm On Feb 23, 2015

Hello house, pls for the past 2 weeks i have been trying to reach my stock broker "Rewards Investment and services limited", i want to pleas with the house to help me with the number or email of any regulator that i can report the company to. i will really appreciate this. Anyway opening my Morgan trade account soon, will need lots of mentoring...thnx at all. you guyz are wonderful

Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 2:01pm On Feb 23, 2015

SKYQUEST:
Gentlemen and Ladies, FO is on Offer. Why are people intending to exit this stock despite the dividend and bonus declared?

C fo is strongly opinionated by me to fall, just wait to buy after it has been marked down for both dividend and 1-5 bonus script. But if you buy now i think one may regret it. Though this coy is good from its management level, they love rewarding shareholders inspite of oil situation though i they are playing in the downstream so oil price may not pose serious threat to their profit.

Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 2:04pm On Feb 23, 2015

[quote author=Primetech post=31005053]

I seem to have difficulty in contacting u... 08069044040.

Wuld appreciate.Ok

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:07pm On Feb 23, 2015

ebony9ja:

send a request for cash withdrawal to "morayoj@morgancapitalgroup.com" . copy "info@morgancapitalgroup.com" . you can follow up your request with a call to 08107596134. Their mail server behaves funny as most mails are routed to the junk email folder so i advice you place a call to them to confirm your request.

Thanks sir

Re: Nigerian Stock Exchange Market Pick Alerts by olajide8(m): 2:10pm On Feb 23, 2015

nacaz4real:
Thanks Jide, but during this anticipation of a general fall just before the elections, something tells me to stick around for the resolutions of the boards on what the bonuses or dividends would be. The odds are 50:50 both ways in my opinion considering my investment profile on that stock. Either waiting or pulling out like you have suggested, i may just be screwed equally both ways. I just hope it doesn't make me use long term tactics now that i'm struggling to rake in cash with minimal losses.

This is the principle I tell my clients that need to re-engineer their portfolio's after a small loss- value the stock, jump out if possibly it does 2/3 of the value, you purchased* which maybe difficult, but they gave you 1 for 1, which means it's equivalent to N50, if they post good results about a week to the close of their registers, their stocks would gain, (and I really feel for you*) because anyway I see it - mehn, you went in when it was too high* I guess the 1 for 1 has given you twice the amount but you are short by about 1/8 of the value (N18-20bucks) to cut losses - if it does N42 based on their reports- if possibly they offer bonus issues, follow what I suggested - move out immediately after they have closed their registers* except you would have to stay in it for the long term-

Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 2:39pm On Feb 23, 2015

nacaz4real:
I bought okomu oil when they were offering bonuses of 1:1 reason because my late uncle always said agric companies stand the test of time and they'll never fail you cos they serve the country. I really bought at a high price almost @N100 per share and a considerable volume and it plunged after the closing dates and further down it went due to electo-economic uncertainties and now i'm stuck and can't seem to pull out, my average cost is still way above N50, though i got the bonuses, but my losses there are still humongous. Any HELP Please.

I have a policy: I never buy at the top of the market no matter how attractive the stock may seem. I guess you have learnt your lesson but going forward, I will advise you study the stock very well and do your analysis properly. Decide what you will do only after you have done a proper study else you make another false step. Remember you haven't actually lost till you sell if you are thinking long term.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 5:54pm On Feb 23, 2015

Reward investment can be very old school but they are very responsible and follows ethics.....There is no way they can manipulate you.....Even though I disagree with their too much ethics tactics but I still have trust in them.........

ogadeolu:
Hello house, pls for the past 2 weeks i have been trying to reach my stock broker "Rewards Investment and services limited", i want to pleas with the house to help me with the number or email of any regulator that i can report the company to. i will really appreciate this. Anyway opening my Morgan trade account soon, will need lots of mentoring...thnx at all. you guyz are wonderful

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by stockbull(m): 6:51pm On Feb 23, 2015

ogadeolu:
Hello house, pls for the past 2 weeks i have been trying to reach my stock broker "Rewards Investment and services limited", i want to pleas with the house to help me with the number or email of any regulator that i can report the company to. i will really appreciate this. Anyway opening my Morgan trade account soon, will need lots of mentoring...thnx at all. you guyz are wonderful

try these contact channels

08056308676, 08052248507 rewardmails@yahoo.com and www.rewardinvestments.com/customer.jsp
before taking other steps

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by stockbull(m): 6:59pm On Feb 23, 2015

house,do you think morgan commission rate could change later after gaining much clients?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:25pm On Feb 23, 2015

stockbull:
house,do you think morgan commission rate could change later after gaining much clients?

Anything is possible in Business, especially in Nigeria. I strongly believe that will be a step in the wrong direction as they would leave the door open for the likes of Meristem that are well established with a solid track record.

Anyway, if such a time comes, I'll shop around for another broker - cash rules!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ogadeolu: 7:36pm On Feb 23, 2015

angelo82:
Reward investment can be very old school but they are very responsible and follows ethics.....There is no way they can manipulate you.....Even though I disagree with their too much ethics tactics but I still have trust in them.........

gracias angelo

Re: Nigerian Stock Exchange Market Pick Alerts by ogadeolu: 7:37pm On Feb 23, 2015

stockbull:
try these contact channels

08056308676, 08052248507 rewardmails@yahoo.com and www.rewardinvestments.com/customer.jsp
before taking other steps

too much appreciation stockbull, mean while morgan trade account opening soon..tnx to u guyz all..love yeah all

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:33am On Feb 24, 2015

stockbull:
house,do you think morgan commission rate could change later after gaining much clients?

if they offer some other "products" on their platform they would have other income sources even though it will be tashere money such as..
1.they could get people pay for expert advice,
2. I'll really like them develop financial analytics systems that'll make use of the huge data they have allow customers to use these systems online to improve their trade for a fee. They get live feed from the NSE. what hey do currently is that they just show us the life feed in its raw unprocessed form.
A good computer guy like me can turn that raw data into some other processed form (after immediate analysis) and then sell the result to customers who majority of them might not know how to profit from the life feeds on their own.

3. It is okay the way they are now sha. They can focus on what they know how to do best (stockbroking) and not go developing software solutions.

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:05am On Feb 24, 2015

http://af.reuters.com/article/nigeriaNews/idAFFit91483520150223

Fitch Affirms 10 Nigerian Banks on Peer Review; Stable Outlook...

Re: Nigerian Stock Exchange Market Pick Alerts by nacaz4real(m): 1:22am On Feb 24, 2015

olajide8:

This is the principle I tell my clients that need to re-engineer their portfolio's after a small loss- value the stock, jump out if possibly it does 2/3 of the value, you purchased* which maybe difficult, but they gave you 1 for 1, which means it's equivalent to N50, if they post good results about a week to the close of their registers, their stocks would gain, (and I really feel for you*) because anyway I see it - mehn, you went in when it was too high* I guess the 1 for 1 has given you twice the amount but you are short by about 1/8 of the value (N18-20bucks) to cut losses - if it does N42 based on their reports- if possibly they offer bonus issues, follow what I suggested - move out immediately after they have closed their registers* except you would have to stay in it for the long term-

Thanks Ola, you've got the whole picture. I just hope they post something positive that would really affect the price so i can dump that stock. The ROI so far for the time which i have kept it isn't positive, for a stock which highly rated among investors of the 70s and 80s. With a P/E standing at 8.13, I'll watch and just hope it outperforms the forcasts.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by cadno(m): 6:50am On Feb 24, 2015

Guys!!!!!!! The Foreign investors are coming back,,,, gurus in the house is this bull sustainable , ?

Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 7:37am On Feb 24, 2015

myjoy08:
http://af.reuters.com/article/nigeriaNews/idAFFit91483520150223

Fitch Affirms 10 Nigerian Banks on Peer Review; Stable Outlook...

Nice info.

Bros, this FLOURMILL do you think it will go down any time soon?

That stock is the only one remaining to enter my portfolio. The increase in price these days I don't really know if this is temporary or will continue to rise.

Re: Nigerian Stock Exchange Market Pick Alerts by zik4ever: 7:39am On Feb 24, 2015

See Newpaper report: "Sequel to our exclusive story earlier this month about abandoned oil rigs at the outer Marina in Lagos, Vanguard learnt that the rigs may have been seized by FirstBank of Nigeria Plc for alleged debts of about N25 billion owed by Seawolf Oil Services Limited, owners of the rigs. As a result, the two rigs – Onome and Oritsetimeyin, may not have been abandoned after all, but kept under watch by FirstBank. This is happening as more than 450 workers of the company demand payment of N3 billion allegedly owed them since August, 2013." - See more at: http://www.vanguardngr.com/2015/02/firstbank-seizes-seawolfs-rigs-over-n25bn-debt/#sthash.iwyDEJ7D.dpuf

Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 8:34am On Feb 24, 2015

stockbull:
house,do you think morgan commission rate could change later after gaining much clients?

If their rates are dropped even further, the better. However, if they decide that they will increase their charges because they now have a lot of clients then they should be ready to loose them, myself inclusive.

Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 8:39am On Feb 24, 2015

stockbull:
house,do you think morgan commission rate could change later after gaining much clients?

If they could change their rate? Yes, change can connote increament or decreament. They are most likely to reduce their charges since they will have more revenue from annual fees, with little expenditure on infrastructure (hardware) and labour- they don't trade for us, we do for ourselves. They pay a fixed fee for the live feed from NSE, so the larger their client base, the more they get from commission and annual fees. QED.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 8:41am On Feb 24, 2015

Forte Oil blames profit drop on devaluation, costs

http://www.punchng.com/business/capital-market/forte-oil-blames-profit-drop-on-devaluation-costs/

Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 8:42am On Feb 24, 2015

FORTE OIL PLC

Closure of Register – Year Ended 31 December 2014

Proposed Dividend N2.50

Proposed Bonus 1 for 5

Closure Date 1st – 7th April 2015

AGM Date 15th April 2015

Payment Date 22nd April 2015

AGM Venue ECWA Conference H Bespoke Centre, Lekki-Ajah Expressway, Lagos at 10.00 a.m

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 11:26am On Feb 24, 2015

Comrades,please what is nem bid price and offer price.

Its seems this market has refused to go down again as anticipated profiteering this week is not coming to fruition atleast for now. The much inflow is entering this market thereby making any little profit taking negligible.House what is your view please!

Re: Nigerian Stock Exchange Market Pick Alerts by davide470(m): 11:41am On Feb 24, 2015

immanuello:
Comrades,please what is nem bid price and offer price.

Its seems this market has refused to go down again as anticipated profiteering this week is not coming to fruition atleast for now. The much inflow is entering this market thereby making any little profit taking negligible.House what is your view please!

NEM

BID: 0.59 / 6000units

OFFER: 0.63 / 250,000units.. As at 11:40am

Now is the time to know the level of risk you can take. Wait for more Greens or exit when you see Red! The Choice is Yours!

Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 11:57am On Feb 24, 2015

davide470:

NEM

BID: 0.59 / 6000units

OFFER: 0.63 / 250,000units.. As at 11:40am

Now is the time to know the level of risk you can take. Wait for more Greens or exit when you see Red! The Choice is Yours!

Thanks sir.

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:01pm On Feb 24, 2015

immanuello:
Comrades,please what is nem bid price and offer price.

Its seems this market has refused to go down again as anticipated profiteering this week is not coming to fruition atleast for now. The much inflow is entering this market thereby making any little profit taking negligible.House what is your view please!

Nse full of surprises , most of us were expecting the bear this week

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 12:20pm On Feb 24, 2015

APRIL FOOL NA HIM NSE DO UNA, I WAS SAYING IT LAST WEEK THAT TRANSCORP SEE U AT 6 OANDO 30 SOME PEOPLE DEY DOUBT grin

Re: Nigerian Stock Exchange Market Pick Alerts by Aks(m): 1:37pm On Feb 24, 2015

Michael11stock:
APRIL FOOL NA HIM NSE DO UNA, I WAS SAYING IT LAST WEEK THAT TRANSCORP SEE U AT 6 OANDO 30 SOME PEOPLE DEY DOUBT

You a just a master guesser grin

and BTW, it's still dancing skelewu @ N2.60 whereas i sold @ N2.77 ON 18FEB2015.

Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 1:47pm On Feb 24, 2015

Michael11stock:
APRIL FOOL NA HIM NSE DO UNA, I WAS SAYING IT LAST WEEK THAT TRANSCORP SEE U AT 6 OANDO 30 SOME PEOPLE DEY DOUBT

well it might just do brilliant in short term like this but i strongly doubt its moving to #6(haba bros you didnt even mention #3/#4.well just let the yeye touch down again jare.what is happening with oando nah, why getting stuck at #14 since Tuesday last week.

Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:52pm On Feb 24, 2015

Maybaker was 1.29 less than a week ago, check the price now and you will be amazed. I been wan enter it last week to do JIJO, but fear no let me... 34%, Chai!

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 4:02pm On Feb 24, 2015

My good people of stock exchange forum I greet you all.

1 Like

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