₦airaland Forum

OBAGADAFFI:
Well, some registers got just single day closing date i.e 21st, while others got a window days of closing dates i.e 21st to 25th.

For single dates the register is updated the day after closure, i.e 22nd

For multiple the register is updated after the last day i.e 26th

Meaning if you enter within those closing date 21st to 25th you will get dividend payment.

You wouldn't get dividend.

To all Oando faithfuls
http://punchng.com/oando-shareholders-protest-call-for-tinubus-resignation/

Jejebaba:
To all Oando faithfuls
http://punchng.com/oando-shareholders-protest-call-for-tinubus-resignation/

They should have done that at the AGM.

Hope is not a red letter Day ?

Manonamission:
Your deduction is the problem. You won't get dividend payment because you can't even enter a register when it is closed. Imagine submitting an application after a closure date and expecting to be considered.

For corporate action purposes, there's a Qualification date which the day preceding the closure date. You can enter on that date if you wish to be a beneficiary of the dividend or bonus. Example: for the single day closure, you must enter on the 20th.

Intendy:
You wouldn't get dividend.

Thanks for the clarification.

kolaish:
They should have done that at the AGM.

I learnt there was a mild protest before the commencement of the meeting. Bros, Uyo far well well. They knew what they were doing when venue was picked. Lol

kolaish:
They should have done that at the AGM.

Don't mind those Sychophants! They went to Uyo only to eat and drink with Wale and his gangs and forgot to deal with the real issues...By the way, I think Wale deliberately moved the AGM to Uyo and not Lagos because the protest would have been unprecedented!

Waiting for oando at N1.50

Manonamission:
I learnt there was a mild protest before the commencement of the meeting. Bros, Uyo far well well. They knew what they were doing when venue was picked. Lol

My point... Walestico..original Baddoo!

Transcorp

N1.15


#chai

fxuser:
Transcorp

N1.15


#chai

#chai! #chai!!

I never experrit. Where's the next support?

Dis: Took position at N1.25

fxuser:
Transcorp

N1.15


#chai

Yours truly have joined the queue at that price...

forthright brokers have gone online at last. Also called Fothtraders . I've been with them for very long , eventhough I added meritrade broker.

Trading volatility on the floor of the Nigerian Stock Exchange continued on Tuesday as the market closed lower for the third consecutive day as cautious trading persisted with volumes traded which tracks behavioral pattern or sentiments of traders and investors lower than market average, especially in recent time. We have seen this pattern multiple times over the last few weeks.

Notice that within the past three trading sessions however, the market’s losing magnitude have been dropping with volume transacted gradually looking up as we expect increase in volume and volatility in the remaining days of the month, going into the last quarter of the year. Also, the market is anxiously awaiting the return of speculators by this month end ahead of Q3 earnings season in October and as well as the outcome of the Monetary Policy Committee (MPC) meeting that is scheduled for September 25 and 26 which would give a hint as to what policy measure the Central Bank of Nigeria (CBN) plans to sustain its intervention in the foreign exchange market to stabilise the exchange rate. The CBN has also indicated its desire to achieve single digit exchange rate expected to enhance the confidence of investors and attract more foreign exchange inflow and continue to support economic recovery that will lead to growth if supported by the right policy actions from the fiscal authorities.

The market started out with a little pullback in the morning, and turned green before midday before pulling back by the afternoon to consolidate the downtrend with the benchmark index taking back more than 97% of the losses. Nestle Nigeria and Guaranty Trust Bank appreciated in value after the index touched an intraday high of 34,883.22 and low of 34,734.24 points, just as the NSE Banking and NSE Insurance remained green, while others moved in the same direction as the Nigerian Stock Exchange (NSE) All Share Index (ASI).

Market sentiment is turning positive as buying pressure increased as revealed by the volume index of 0.70, with buying position of 76%, and 24% selling volume of the day’s transaction to sustain the down market.

Meanwhile, the composite NSEASI shed 26.25 basis points to close at 34,846.82 from the 34,873.07 points opening level which represented a 0.08% decline, just as market capitalisation for the day fell by N9.06bn to close at N12.01tr, from N12.02tr in the previous session, representing a 0.08% value loss to continue the bear transition.

Price depreciation in medium and high cap stocks amongst which are: NB, Total Nigeria, PZ Cussons, Flour Mills, Dangote Sugar, Seplat, Oando, 7-Up, Access Bank, UBA and Zenith Bank, which impacted negatively to reduce the All-Share Index’s year-to-date returns to 29.66%, just as market capitalisation year-to-date gains stood at N2.77tr, representing 29.91% above the year’s opening value.

Market breadth for the day remained negative as the number of decliners outnumbered advancers in the ratio of 24:14 on a low volume traded. It was however higher than the previous day’s level to continue the downtrend.

Market activities in terms of volume and value were up with 7.32% and 84.01% respectively to 174.66 million shares, as against the previous day’s 162.74 million units and N2.83 billion from the N1.54 billion recorded in the previous session.

Transactions in the shares of Guaranty Trust Bank, FCMB, FBNH, AXA Mansard and Zenith Bank topped the volume chart.

At the close of the day’s trading session, Linkage Assurance topped the advancers’ table with a 5.00% gain to close at N0.63 per share on market forces, followed by AXA Mansard with a 4.74% notch at N1.99 per share on Q3 earnings expectation.

On the flipside, FBNH lost 4.99% to close at N5.14 on profit taking, followed by Seven up Nigeria Bottling company plc, which shed 4.96% to close at N85.82 per unit on profit taking and market sentiment.



TODAY’S OUTLOOK

Technically, the market is still weak until a breakout of the downtrend line, expect the struggling indicators to recover and continue with high volatility as trading opens this morning, amidst profit taking and repositioning in hope for positive macro-economic indices. These will drive optimism in equity investments ahead of the MPC’s meeting outcome, Q3 earnings season and year-end.

We expect the Nigerian government to review its 2017 budget implementation strategy and put in place some fiscal measures that will help the monetary authorities sustain the ongoing economic recovery as shown by the positive but fragile GDP and further help to drive inflation numbers down faster than the August level to make growth and development a reality.

Investdata believes the time has come for the Federal Government to stop telling Nigerians and Foreign investors stories that seem different from reality on ground and work towards improving the living conditions of the Nigerian peoples. It is time to work the talk, and begin to stimulate the economy, despite the delay so far.

However, investors need not panic if they take position based on strong numbers and future prospects of any stock. One thing that is clear in the current market situation is that smart investors are using the ongoing correction to accumulate and enhance their positions in some stocks.

Again, we advise that investors allow numbers to guide their decisions while repositioning for the rest of the year’s trading activities, especially now that prices of stocks are looking down amidst improving economic and market fundamentals. It is time to use your technical tools to take decision by knowing the support and resistant level to reposition or exit any position.





Ambrose Omordion

kolaish:
They should have done that at the AGM.

Better late than never....to send warning signals to other thieves parading themselves as CEO's and all that BS! #SHAME

pls i want to buy shares, wich company's/ bank share worth buying and or currently floating?

kolaish:
They should have done that at the AGM.

Better late than never....to send warning signals to other shameless/fraudulent people parading themselves as CEO's and all that BS! #SHAME

Intendy:
Please be informed that Union Bank Plc subscription for its N50 billion right issue which commences on Wednesday, September 20 and closes on October 30, 2017.

Union Banks seeks to offer 12.1 billion new ordinary shares of 50 kobo each @ N4.10 per share and on the basis of five new shares for every seven shares held as at August 21, 2017.

Please explain the bolded in a way layman can understand.

Can we safely say that the ELEPHANT has ended its downward move today?

Na observation o. I no know book o.

PETERiCHY:
The PYTHON seems tired so one exco member of the BARGAIN HUNTERS ASSOCIATION OF NIGERIA got his first batch today @#1:02k.

If you can't bear the heat then better stay off the kitchen.

As for the modern day Judas dat claim to be pastors they should bear in mind that the good old book says JUDGEMENT will start with them.

*ThE OcToPuS*

If not for "HEAVEN" sake I wouldn't have been using soft words on you. I'll like to advice you to use all these time you spend in searching and designing pictures, all these time you waste in typing and sending your personal opinions about stocks, and make deeper study about stocks and it's characters. No one is perfect in stock investments though, but few individuals are multimillionaires today through stocks... I want to join them, I believe you want too. Stocks hardly went their way, rather they made deeper study on the way stocks go, and key themselves along. They never cross any stock river and blow the bridge, cause they know that they can come back again and again. Stop cursing where you put your money, if you love your future. And stop deceiving some people, that you do not see them face to face does not matter. Sometime ago you told them to sell all their stocks and buy land or something else but you wrote here few days ago that you are biding diamond at 1.17. Go back to study table beloved, many missed the last bull because of their personal opinion about stocks. If you continue like this, you'll be missing opportunities. If you are walking away, then walk away forever and forget stocks as many have done. But remember stock investment was there before you were born and it'll remain after you have died. Use your head well and plan for yourself a better future here on earth and in eternity... SHALOM

I Have up to 10m, Need advise on how to invest, here is my phone number 07069358975

You can try where you get the N10m again or don't be lazy to read the thread

justyinka:
I Have up to 10m, Need advise on how to invest, here is my phone number 07069358975

Nigeria’s Sovereign Wealth Fund Now Over $2b—Orji
https://www.businesspost.ng/2017/09/20/nigerias-sovereign-wealth-fund-now-2b-orji/

Sirbob:
pls i want to buy shares, wich company's/ bank share worth buying and or currently floating?

Keep your money safe for now, there are uncertainties in NSE.

Government said that recession is over, but NSE is currently experiencing recession.

justyinka:
I Have up to 10m, Need advise on how to invest, here is my phone number 07069358975

Obviously, you are looking for who to scam and I am happy to announce to you that you are in a wrong place. If truly you claim to have that amount you won't put your phone number out here.

People who have more than this have quietly and humbly followed the right channel and approach in seeking for advice...

Chibuking81:
Keep your money safe for now, there are uncertainties in NSE.

NSE is currently experiencing recession.

I disagree with you. It's even the best time to buy. It simply means NSE is offering end of year sales for those who have EYES and can SEE...

Chibuking81:
Keep your money safe for now, there are uncertainties in NSE.

NSE is currently experiencing recession.

If I may ask, when is the best time to buy stock? During recession or economic boom?
This thread is fast loosing it's value. Thanks to octopus and co. They want to buy a stock today and make 30 to 100% within a week.
If you want quick money, move to ctyptocurrency, forex and binary options.

Sirbob:
pls i want to buy shares, wich company's/ bank share worth buying and or currently floating?

Always go for stocks with good financial reports. This year, nestle, UBA, ci leasing, fidelity bank, dangote sugar, dangote flour and a few others have done well.
Do note that the price might plummet immediately after purchase. An opportunity to add more units to your portfolio provided the company is still on the Right tract.
If you are looking for quick money, please look somewhere else.

Coolcash1:
I disagree with you. It's even the best time to buy. It simply means NSE is offering end of year sales for those who have EYES and can SEE...

justyinka:
I Have up to 10m, Need advise on how to invest, here is my phone number 07069358975

YK, you are welcome. But it is advisable you stop brandishing your phone no on public forum because of security and other purposes. Nevertheless, I will advice you go through this thread on your own from Page 2000 till present, by then you should be able to at least arrive at a decision on what stock to buy. But personally I will advice you buy any stock you want to buy between 1st - 10 October this year.

kolaish:
YK, you are welcome. But it is advisable you stop brandishing your phone no on public forum because of security and other purposes. Nevertheless, I will advice you go through this thread on your own from Page 2000 till present, by then you should be able to at least arrive at a decision on what stock to buy. But personally I will advice you buy any stock you want to buy between 1st - 10 October this year.

u like wasting your time on irrelevant ,,, you see someone post N10m follow by phone number and you think he is serious to buy stock

Coolcash1:
Obviously, you are looking for who to scam and I am happy to announce to you that you are in a wrong place. If truly you claim to have that amount you won't put your phone number out here.

People who have more than this have quietly and humbly followed the right channel and approach in seeking for advice...

currentprice:
u like wasting your time on irrelevant ,,, you see someone post N10m follow by phone number and you think he is serious to buy stock

You are right. I approached the issue with one mind, not taking into thought that we are in Nigeria.

leo1234:
If I may ask, when is the best time to buy stock? During recession or economic boom?
This thread is fast loosing it's value. Thanks to octopus and co. They want to buy a stock today and make 30 to 100% within a week.
If you want quick money, move to ctyptocurrency, forex and binary options.




Always go for stocks good financial report. This year, nestle, UBA, ci leasing, fidelity bank, dangote sugar, dangote flour and a few others have done well.
Do note that the price might plummet immediately after purchase. An opportunity to add more units to your portfolio provided the company is still on the Right tract.
If you are looking for quick money, please look somewhere else.

Thanks. Let him that has ears hear what leo1234 is saying. JIJO gone wrong is sending Tritri away now?