Greetings to you all. Welcome to another new year.
I wish all of us success.

emmanuelewumi:
I

Stock market investment is a knowledge based business, anybody who is not ready to read, study, practice, network and cross fertilise ideas with fellow investors should never venture into the game.

If I may ask what is Liz. Olofin manufacturing or what services are they rendering? Know and understand any company you invest in.

Your share certificate or CSCS statement is not a lottery ticket, but only shows the proportion of your holdings in business. Although the business could be thriving, stagnant or dying.

I agree totally with you sir. stock market is not as easy as many people think. it actually involves a lot in terms of continuous study, research, timely information, analyses etc. Far more difficult than opening a shop and selling things

kokobaba:

I agree totally with you sir. stock market is not as easy as many people think. it actually involves a lot in terms of continuous study, research, timely information, analyses etc. Far more difficult than opening a shop and selling things

True and if you can put in the necessary study and work, stock investing can be rewarding.

happy new year,2018 will be good for us all oo ,even reuters have seen the prophecyhttps://af.reuters.com/finance?_e_pi_=7%2CPAGE_ID10%2C6990902373

emmanuelewumi:
I

Stock market investment is a knowledge based business, anybody who is not ready to read, study, practice, network and cross fertilise ideas with fellow investors should never venture into the game.

If I may ask what is Liz. Olofin manufacturing or what services are they rendering? Know and understand any company you invest in.

Your share certificate or CSCS statement is not a lottery ticket, but only shows the proportion of your holdings in business. Although the business could be thriving, stagnant or dying.

On the bolded, it largely depends on the category the investor belong. Basically, there are three categories; active, passive or modified-passive (my terminology)

A passive investor does not need much study as this is handled by his broker. This type of investor rely solely on the advice of his portfolio manager. So, little or no perspiration is required. However, an active investor is expected,by default to devour volumes of books, info circulars, press releases, play with charts, develop computer model and engage in peer-discuss just to make the most out of the stock market. Put succinctly, he is a trader!

The third category which is modified passive investor, exhibit characteristics of the former two. He or she does not just depend on professional opinion but also carry out his own research. This is where majority of NSEMPAs belong....

Oando, 7up Exit NSE-30 Index as Diamond Bank, Others Join
https://www.businesspost.ng/2018/01/01/oando-7up-exit-nse-30-index-diamond-bank-others-join/

phemmie06:

Sir so you escape from 2008 mistake? Such Dáar communications, Chams etc

Some were not mistakes but lack of knowledge/awareness and not monitoring investments but relying on Brokers - some of who also lack proper knowledge hence we landed/kept kicking the can downhill and now trapped in stocks like - RT Briscoe, Japaul, UTC, WEMA etc. Newbies who found this forum before investing a kobo in the NSE should be grateful for the opportunity to learn.

Note: I read on another forum - Never fall in love with any stock. This is how to go broke.

Thank you @ Kolaish.....Happy New year my good/blessed people..may this year be fruitful to us all.

PharmAlfred: 11:39am On Dec 29, 2017
Dangote Flour, Nascon, Set To Join NSE-30 Index


The Nigerian Stock Exchange (NSE) at the weekend announced the result of its sectoral index review which showed that Dangote Flour, Nascon Allied Industries, Cadbury Nigeria and Sterling Bank are to gain entry into the NSE 30 Index which holds NSE’s 30 most capitalised stocks.

The review of the market includes the NSE-30, and the six sectoral indices of the Exchange, including NSE Consumer Goods, NSE Banking, NSE Insurance, NSE Industrial, NSE Oil and Gas and the NSE Lotus Islamic Indices.

These indices are normally reviewed bi-annually in June and December except for NSE Pension index that is reviewed once annuallyin December.

According to the Exchange, the review will witness the entry of some major companies and exit of others.

The NSE 2017 Year End Index Review shows that the NSE-30 index will likely exit Seven Up Bottling Company, Oando, UACN, Julius Berger and Forte Oil.

The NSE Insurance Index welcomed Equity Assurance, Mutual Benefit Assurance Plc and Sovereign Trust Insurance and Consolidated Hallmark Insurance, while Regency Alliance Insurance, Staco Insurance, Universal Insurance and Standard Alliance Insurance gave way by exiting the index.

The NSE Industrial index parted ways with Portland Paints and Products Nigeria and DN Meyer with the entry of Grief Nigeria and Austin Laz.

Meanwhile, stocks coming in under the NSE Consumer Goods are NNFM, DN Tyre and Rubber and Nigeria Enamelware, while companies existing the index are Seven Up Bottling, Vitafoam Nigeria, and Champion Breweries

NSE Banking Indices have Skye Bank and Unity Bank coming in, while exiting from the index are Wema Bank and Sterling Bank. Also entering NSE Oil and Gas index are Japaul Oil and Eterna, while Oando and MRS Nigeria will leave the index

Under Pension Index, that is entities in which Pension Funds can be invested, incoming companies are Honeywell Flourmill, International Breweries, Continental Reinsurance and CCNN, while incoming companies under NSE Lotus Islamic Index are Lafarge Africa and Nahco.

The Exchange explained that “the NSE-30 and NSE Industrial Indices are modified market capitalisation index with the numbers of included stocks fixed at 30 and 10 respectively.

“The stocks are selected based on their market capitalisation from the most liquid sectors, while the liquidity is based on the number of times the stock is traded during the preceding two quarters.

“To be included, the stock must have traded for at least 70 percent of the number of times the market opened for business.

“Exchange is aware that the number of the stocks included in some of the indices may not be practically suitable for optimal portfolio diversification; however, the numbers would be reviewed as sector conditions change.”

The Nigerian bourse began publishing the NSE 30 Index in February 2009 with index values available from January 1, 2007.

On July 1, 2008, the NSE developed four sectoral indices and one index in 2013, with a base value of 1,000 points, designed to provide investable benchmarks to capture the performance of specific sectors. The sectoral indices comprise the top fifteen most capitalised and liquid companies in the Insurance and Consumer Goods sectors, top ten most capitalised and liquid companies in the Banking and Industrial Goods sector and the top seven most capitalised and liquid companies in the Oil & Gas sector.

With a 43.02 per cent return year-to-date, the equity market has shown signs of great positive performance so far in 2017.

The post Dangote Flour, Nascon, Set To Join NSE-30 Index appeared first on leadership.ng.



The train is about to move.

Manonamission:
^^
Are Unity, Skye, Dunlop, Equity Assurance, NNFM about to move too? That news doesn't influence market sentiments in my opinion.

It does affect the market price of the company's share if the company is a value company and enjoys positive market sentiments. Watch how this week will turnout for Dangote Flour share price.

The first thing is that this report will broadcast the upcoming value of Dangote flour to external investors a.k.a MIBs. and once they notice your value, your price skyrockets (StanbicIbtc an example)

Wont be surprised if those foreign private funds start mopping up from tomorrow (yok please keep us updated with your report)

Toluway:
I wish you a happy and prosperous new year and all the good things the year has to offer, my sisters and brothers in the Lord.
I admit it's a privilege to trade with people like you. I thank you all.
My Ogas in the forum, God will continue to strengthen you o. Even ordinary headache, will not touch you this year; by the powers of our God Almighty.
So shall it be. Beeni kori. Aaami.

AMEN .

I just want to say many thanks and a wonderful year to everyone in this platform.....particularly the investment doyens whom I leveraged on their valuable insight to pick stocks.

I am happy to say I bought Fidelity Bank and transcorp shares around March 2017 @ 0.85kobo and 0.76kobo respectively and still holding onto it.

I can proudly say I have reputable mentors here that I overwhelmingly respect.....

My Ogas I greet Una and GOD blessings you all.

GOD must still use una help me for this new dawn and better 2018.


Many,many thanks.

Cation:
good morning everyone, I am a newbie and want to invest in nse but don't know where to start. what do you think about etfs like vetiva banking? your opinions I will really appreciate. Thanks

My earlier post with regard to related question... page 902 of this thread.

First you have to open an online stockbroking account with any firm of your choice (recommended by oga's here, visit: www.morgancapitalgroup.com). fill the application form, sign and send it back to them. Next step, they will contact you with your login and cscs account details.

Final step; deposit your funds (money grin) into the account provided to you by Morgan... call or mail them to inform them of your deposit..

Lastly; buy/sell whatever you want on floor of nigeria stock exchange via morgan.. cheers!

Hope it helps.. I remain loyal to our oga's @d top!

Infinitisi:


Many people did then because nobody was really teaching or writing about stock selection techniques. Lots of tuition fees were paid by investors then. Thank God we investors are getting more knowledgeable now coupled with better technology.

On a lighter note I worked in a stockbroking firm in 96/97. That was my first ever job. I remember my MD on the phone trying to dissuade one of our clients based abroad from buying Liz Olofin PLC . The client was adamant that we buy it for him that its a penny stock and penny stocks are the best stocks to buy . At the end of the day we had to buy it. Only God knows if he still has them

For The Anxious CEO: Business Planning Tips for Any New Year
https://www.businesspost.ng/2018/01/01/anxious-ceo-business-planning-tips-new-year/

kolaish:
WHAT A WONDERFUL FAMILY (IN ALPHABETICAL ORDER):

2zona

9free

Aashik

Adesiji77

Agbalowomeri

alexo68

angelo82

bestidafa

Bianco1

bigass

bigjay01


BMZK

BullBearMkt

Cadillac15

Calebbold

carpenter

Cation

cdieli

Chibuking81

chukwuwike2ny

chunkuli

Coolcash1

currentprice

daddymgg

DaV8King

davide470

dcal001

DeRuggedProf

dipoolowoo

DOLLARTEX

DUNKA

ebsuguy

emmanuelewumi

feelamong

fidtopade

flexshop

fxuser

gambei

Godisfaithful

Godsfavson

holm

ijinleoro

ihedioramma

Infinitisi

inspirational93

Intendy

Investnow2017

jamace

Jejebaba

jideflash

jinnyz

kenmaro

Kingchuks

Kingingdave

kokobaba

lafencer

lancee

leo1234

LockDown69

locodemy

maishai

makashava

Manonamission

maslong

mercylicious
mendes911

Momoney54

monopolistic

Mpeace

mybusinesss

myjoy08

NaijaAI

Nairaruky

nio68

OakPearl

OBAGADAFFI

Oloro29

otokx

Oyekanbiwale

Parisfran

PETERiCHY

PharmAlfred

phemmie06

pluto09

Princkez

RabbiDoracle

rationalmind

RealityShot

realjoker

rebekah2011

safepaulooo

samguru

sellydion

shigidi

sky2891

smiliyB

smscruize

soloniger

spicytayomic

stcool

stockbuego

stokfrick

swegiedon

swilo

Toluway

Toyrem

tritritri

ukay2

valacious

valentinenwoko

veecovee

vexing

wanaj0

Willie2015

Yayira

yok

yom2

Zhirinovsky

ZikkyChops

MAY THE MERCIFUL LORD CONTINUALLY SHINE THE LIGHT OF HIS COUNTENANCE ON EACH AND EVERYONE THIS YEAR 2018 IN JESUS NAME - AMEN.

Amen to that brv

Justcul:


My earlier post with regard to related question... page 902 of this thread.

First you have to open an online stockbroking account with any firm of your choice (recommended by oga's here, visit: www.morgancapitalgroup.com). fill the application form, sign and send it back to them. Next step, they will contact you with your login and cscs account details.

Final step; deposit your funds (money grin) into the account provided to you by Morgan... call or mail them to inform them of your deposit..

Lastly; buy/sell whatever you want on floor of nigeria stock exchange via morgan.. cheers!

Hope it helps.. I remain loyal to our oga's @d top!

Thanks

Yes, am back from short recess.
Happy new year folks the race to make a kill from NSE begins today so fasten your seat belt.

Meanwhile,I am looking at some stocks with my corner corner eyes for astronomical returns within a space of two to four months.
1. Eternal oil and gas Plc is a company to watch out for in 2018 as the company is gradually dominating lubricant subsector of oil and gas industry also the company has been stepping her game up in the sales of petrol and diesel couple with likely increase in the price of PMS due to the increase in the global crude oil price,although the company keeps reassuring the investing public that the subsidy fraud case instituted against her will be won. Till then sha let's keep our fingers cross.
2. Fcmb.
I taught this guy has sold his birthright to Fidelity Bank for life,but information I gathered from a reliable source showed that the company will soon take it's big brother position from Fidelity Bank as the company significantly recovered alot of loans,AMCON also bought bad debts from the bank,CBN has also released the excess deductions to the bank and has consolidated her holdco structure,this bank may surprise us this year.
3. FBN
Is the bank truly the first? Well figures will tell,but all I can say is the bank has recorded significant recoveries from oil and gas related loans in 2017 and virtually all her bad debts have been sold to AMCON, but an insider told me that if not for the introduction of Basel 3 me I don't understand this accounting jargon,and CBN has mandated all systemically important bank to set aside some percentage of their profit for unforseen occurrences,the bank should return back to the era of better dividends pay out.
4.Transcorp
I am not a fan of this company at all,but my instinct keeps telling me the company will pull surprise soon,may be I should buy and keep some units and if the surprise doesn't show na long time tin be dat.
5.Honeywell flour Mills
Can the company gets to #5 this year? The quarter on quarter performance has been adjudged Sterling, if this trend continues we might have full year EPS in the region of 90k to 100k.

My fellow hustlers,this is my small pikin research from the recess.

Plz note ,this is not buy recommendation and not intended to lure anybody to buy.

samguru:
Yes, am back from short recess.
Happy new year folks the race to make a kill from NSE begins today so fasten your seat belt.

Meanwhile,I am looking at some stocks with my corner corner eyes for astronomical returns within a space of two to four months.
1. Eternal oil and gas Plc is a company to watch out for in 2018 as the company is gradually dominating lubricant subsector of oil and gas industry also the company has been stepping her game up in the sales of petrol and diesel couple with likely increase in the price of PMS due to the increase in the global crude oil price,although the company keeps reassuring the investing public that the subsidy fraud case instituted against her will be won. Till then sha let's keep our fingers cross.
2. Fcmb.
I taught this guy has sold his birthright to Fidelity Bank for life,but information I gathered from a reliable source showed that the company will soon take it's big brother position from Fidelity Bank as the company significantly recovered alot of loans,AMCON also bought bad debts from the bank,CBN has also released the excess deductions to the bank and has consolidated her holdco structure,this bank may surprise us this year.
3. FBN
Is the bank truly the first? Well figures will tell,but all I can say is the bank has recorded significant recoveries from oil and gas related loans in 2017 and virtually all her bad debts have been sold to AMCON, but an insider told me that if not for the introduction of Basel 3 me I don't understand this accounting jargon,and CBN has mandated all systemically important bank to set aside some percentage of their profit for unforseen occurrences,the bank should return back to the era of better dividends pay out.
4.Transcorp
I am not a fan of this company at all,but my instinct keeps telling me the company will pull surprise soon,may be I should buy and keep some units and if the surprise doesn't show na long time tin be dat.
5.Honeywell flour Mills
Can the company gets to #5 this year? The quarter on quarter performance has been adjudged Sterling, if this trend continues we might have full year EPS in the region of 90k to 100k.

My fellow hustlers,this is my small pikin research from the recess.

Plz note ,this is not buy recommendation and not intended to lure anybody to buy.

Good morning bro,
for fcmb,I am now watching it closely again.
Can it break the 52 weeks high(1.55) today?
If it happens,it becomes a buy stock for me for the short term only.
stocks like Transcorp will also break their 52 weeks high(2.00) soon.
I am fully loaded here with some of my ogas like derugged,fxuser,tritri etc

dipoolowoo:
Oando, 7up Exit NSE-30 Index as Diamond Bank, Others Join
https://www.businesspost.ng/2018/01/01/oando-7up-exit-nse-30-index-diamond-bank-others-join/

LAFARGE replacing 7up .....

Dangote Sugar Grows 227% to Emerge 2017 Best Performing Stock
https://www.businesspost.ng/2018/01/02/dangote-sugar-grows-227-emerge-2017-best-performing-stock/

Traders Anticipate Maturing N149b T-Bills This Week
https://www.businesspost.ng/2018/01/02/traders-anticipate-maturing-n149b-t-bills-week/

So I called on my registrars to find out the outcome of the e-dividend mandate I submitted, only to be informed that the number of shares listed under my name is just a half of what I have on my morgan capital platform. In otherwords, the additional shares I bought in November and December 2017 are not registered under my name with the registrar. The registrars have no explanation for that. Is this a normal occurrence or do I need to inquire/ petition?

Seplat Plc: Will the Bulls Crossover?
https://www.businesspost.ng/2018/01/02/seplat-plc-will-bulls-crossover/

Mpeace:
So I called on my registrars to find out the outcome of the e-dividend mandate I submitted, only to be informed that the number of shares listed under my name is just a half of what I have on my morgan capital platform. In otherwords, the additional shares I bought in November and December 2017 are not registered under my name with the registrar. The registrars have no explanation for that. Is this a normal occurrence or do I need to inquire/ petition?

What is the cost for processing edividend, is the cost per company or registrars? (if I want to process edividend for company A and B and both companies have same registrars will I be charged separately for each company?) Thanks

Happy New year to everyone in this Great Forum!

As we plan our Investment Portfolios for the year...... I encourage everyone to work harder, invest more than you ever did in the past year, read more and seek out better Investment opportunities for your hard earned funds.

Take a little more risk...try out new frontiers but always make sure its a calculated risk you are taking.

Those of us that tried the Cryptos arena know very well what I am talking about! Averaging over 12,000% Return is no Joke!

Once again Do have a rewarding and fun filled year!

Mpeace:
So I called on my registrars to find out the outcome of the e-dividend mandate I submitted, only to be informed that the number of shares listed under my name is just a half of what I have on my morgan capital platform. In otherwords, the additional shares I bought in November and December 2017 are not registered under my name with the registrar. The registrars have no explanation for that. Is this a normal occurrence or do I need to inquire/ petition?

You too fear. Don't worry, it will get to them before the payment of dividends by that company. At least before the closure of register by that Company, all updated lists would be sent to the registrar.

Just relax

phemmie06:

What is the cost for processing edividend, is the cost per company or registrars? (if I want to process edividend for company A and B and both companies have same registrars will I be charged separately for each company?) Thanks

There is no charge!!!

Just snap plenty passport pictures and buy a pen for filling forms

Your broker will send you the forms (depending on the numbers of stocks you have) and you will fill and affix your picture.

On the form, there are lists of stocks covered by each registrars. All you need do is to scan the list and tick the stocks you have in your portfolio. Then you complete other necessary information and send the filled (and signed form ) to your bank.

So for company A and B, you will fill them on the same form.

Hope this helps.

Mpeace:
So I called on my registrars to find out the outcome of the e-dividend mandate I submitted, only to be informed that the number of shares listed under my name is just a half of what I have on my morgan capital platform. In otherwords, the additional shares I bought in November and December 2017 are not registered under my name with the registrar. The registrars have no explanation for that. Is this a normal occurrence or do I need to inquire/ petition?

Also try subscribing to CSCS. Where Morgan buys, it will reflect in your CSCS after a day or so. Don't always ask the registrars for update on your stock. CSCS is the depository of all shares bought on the exchange. Registrar can be late in updating.

RabbiDoracle:


There is no charge!!!

Just snap plenty passport pictures and buy a pen for filling forms

Your broker will send you the forms (depending on the numbers of stocks you have) and you will fill and affix your picture.

On the form, there are lists of stocks covered by each registrars. All you need do is to scan the list and tick the stocks you have in your portfolio. Then you complete other necessary information and send the filled (and signed form ) to your bank.

So for company A and B, you will fill them on the same form.

Hope this helps.

Thanks boss. This is reason for my questions
The e-dividend mandate registration is meant to curb the growth of unclaimed dividend in the capital market. In order to encourage investors to register, the commission had offered to underwrite the cost of e-dividend enrolment till 30th December, 2017.
In a recent statement, SEC disclosed that e-dividend enrolment exercise, which commenced in 2016, has led to 48 percent of investors registering their bank accounts for e-dividend payments.
The commission stated: “Arising from this exercise, over N30 billion which was hitherto unclaimed has so far been credited to respective bank accounts of investors.”
The free e-dividend enrolment was earlier schedule to end June 30, 2017, but the commission extended the deadline by six months to December 31st 2017 to allow more investors to register.
To facilitate the e-dividend registration exercise, the SEC provided a platform for all investors that are yet to register to search for their names.
While highlighting the benefits of the e-dividend, SEC stated:“It allows shareholders to receive subsequent dividend(s) directly into their bank accounts; it allows the payment of accumulated dividend into ones bank account; it limits spate of dividend being declared missing as result of wrong address. All the above amongst others will stem the rising unclaimed dividend in the capital market. This decision underscores SEC strong focus on market development and enhancement of investor confidence.”

https://www.vanguardngr.com/2017/12/secs-free-e-dividend-mandate-enrolment-ends-today/

dipoolowoo:
Seplat Plc: Will the Bulls Crossover?
https://www.businesspost.ng/2018/01/02/seplat-plc-will-bulls-crossover/

This is a very juicy stock. High oil price, peace in the ND plus their exposure to gas make them very attractive.

Still remember the comparison between OandO and Seplat and the heated discussion. The difference is CLEAR.

Diamond may pick, seems the heavy 1.50 seller is rounding up!

Fidelityb is expected to retrace a lil

This is the best time for those trapped in fcmb to exit the bus before they declare their usual 10kobo dividend