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Nigerian Stock Exchange Market Pick Alerts - Investment (3356) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:12pm On Mar 27, 2018
PharmAlfred:
Where are the results?

Come after Easter. We are on holiday
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 7:44pm On Mar 27, 2018
currentprice:


we greedy now. we saw zenith @ 26.80 with 2.45 div awaiting buyer, we still waiting for 23 some waiting for 15

na free we for wait for naw

grin

gloriousdawn:


Where are those waiting for Zenith at KM 15, Lol.

rationalmind:


You too, keep waiting grin

As CP will say, when you see it on 27, you'll adjust your entry again. I guess that was what happened when it went to 27 the first time grin

Coolcash1:


Bros, that is where bargaining power comes in....The guy who bought lower than you understood the 'product' and decided to wait for a pull back. Anyway, anyhow money must be made.... grin

Waiting for zenith @N27... grin

Coolcash1:


Challenge wetin? GTB? Never! Ikoyi and Victoria Island no be mate nah bros... grin..This is NSE! Don't be too optimistic...I won't be surprise if it closes on offer on Monday....waiting for it @ KM27.. grin

When we talk say the price go reverse dem talk say it won't happen again.....My people see the result yasef...the journey to N26 don start be that o... grin grin

Wetin I know sef? Let come and be going joor.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 7:53pm On Mar 27, 2018
BBFE:


Part of the unwritten rules of posting on public forums is to strive to be unbiased. How does a first and second draw down of $21 million dollars become the committed $250 million dollars.

That you don't deem some investments suitable for your style does not warrant disparaging same. Our risk appetites are different and there are those that are comfortable with investing in distressed companies.

I am not disparaging any company. I don't make stock recommendations. It is not my business which stock you decide to buy. I am however FREE to comment on news item especially when it does no make sense.

I am saying ANY agreement with Milost is ILLEGAL because it is not yet presented before the Shareholders of JaPaul. I also believe that a $250m investment in JaPaul is nothing but a SCAM. People get scammed when they ignore danger signals!

So first and second tranches will be $21m. To get to $250m that na 25 tranches. So they will 'dash' Jegede N90bn!

If they have $250m, they will NOT be looking at JaPaul!



$250m is N90b! What is the total worth

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 7:58pm On Mar 27, 2018
My Oga, you may have to look away. people seems not to bother because they are making money. They do not care about others that will eventually lose out. Na so dem tell them about MMM. But na abuse dem dey throway people wey advised them. Sir, you have done your bit, let people make their money and let those that have chosen to play with their spare cash go ahead and do same.
wanaj0:


I am not disparaging any company. I don't make stock recommendations. It is not my business which stock you decide to buy. I am however FREE to comment on news item especially when it does no make sense.

I am saying ANY agreement with Milost is ILLEGAL because it is not yet presented before the Shareholders of JaPaul. I also believe that a $250m investment in JaPaul is nothing but a SCAM. People get scammed when they ignore danger signals!

So first and second tranches will be $21m. To get to $250m that na 25 tranches. So they will 'dash' Jegede N90bn!

If they have $250m, they will NOT be looking at JaPaul!



$250m is N90b! What is the total worth
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:26pm On Mar 27, 2018
Coolcash1:










When we talk say the price go reverse dem talk say it won't happen again.....My people see the result yasef...the journey to N26 don start be that o... grin grin

Wetin I know sef? Let come and be going joor.

Remind me boss, it's been how many months that you've been waiting for Skye at 50k grin

And like I said earlier, keep waiting grin
Re: Nigerian Stock Exchange Market Pick Alerts by BBFE: 8:57pm On Mar 27, 2018
wanaj0:


I am not disparaging any company. I don't make stock recommendations. It is not my business which stock you decide to buy. I am however FREE to comment on news item especially when it does no make sense.

I am saying ANY agreement with Milost is ILLEGAL because it is not yet presented before the Shareholders of JaPaul. I also believe that a $250m investment in JaPaul is nothing but a SCAM. People get scammed when they ignore danger signals!

So first and second tranches will be $21m. To get to $250m that na 25 tranches. So they will 'dash' Jegede N90bn!

If they have $250m, they will NOT be looking at JaPaul!



$250m is N90b! What is the total worth

Please where is the scam in this transaction. Is Jegede selling his holding to the market? Which major shareholder do you know that is selling his shares after the news? Who is being scammed here?

The trades that are being filled on the floor are between retail investors; proceeds don't go to Japaul or Milost. Average volumes in the last one month is around 15 million. For a company with an outstanding shares of 6 billion.

Do you know the investment horizon of PE Firms? You're only being biased by assuming a linear draw down amount.

Can you please quote any part of ISA that bars a company from entering an agreement without shareholders' approval? When Mecuria wanted to stake $200 million dollars in FO, did FO seek clearance from its shareholders? Did the company not make the announcement through the Exchange?

When you are in a dysfunctional clime like Nigeria, you're living in self denial if you use illegality as a point of defence.
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 9:06pm On Mar 27, 2018
BBFE:


Please where is the scam in this transaction. Is Jegede selling his holding to the market? Which major shareholder do you know that is selling his shares after the news? Who is being scammed here?

The trades that are being filled on the floor are between retail investors; proceeds don't go to Japaul or Milost. Average volumes in the last one month is around 15 million. For a company with an outstanding shares of 6 billion.

Do you know the investment horizon of PE Firms? You're only being biased by assuming a linear draw down amount.

Can you please quote any part of ISA that bars a company from entering an agreement without shareholders' approval? When Mecuria wanted to stake $200 million dollars in FO, did FO seek clearance from its shareholders? Did the company not make the announcement through the Exchange?

When you are in a dysfunctional clime like Nigeria, you're living in self denial if you use illegality as a point of defence.


I laugh!!!

I am a shareholder in JaPaul and the 'Milost' scam will not see the light of the day. You don't issue new shares without calling an AGM/EGM. You need shareholders approval to issue new shares, do private placement, do right issues or even raise capital! You don't need approval to BUY on the floor but you need approval for new shares.

There is NOTHING stopping anyone from doing MMM but they will be found out! Any house built on illegality will crumble. Ask OandO tongue

Good that Milost is seeking $500m as damages.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BBFE: 9:11pm On Mar 27, 2018
rebekah2011:
My Oga, you may have to look away. people seems not to bother because they are making money. They do not care about others that will eventually lose out. Na so dem tell them about MMM. But na abuse dem dey throway people wey advised them. Sir, you have done your bit, let people make their money and let those that have chosen to play with their spare cash go ahead and do same.

Compare apples with apples. How does MMM compare to my buying Japaul on the back of a major cash injection.

How am I scammed here.

Can this deal go bad? Yes. Does it stand the chance of succeeding? Yes. There is a reason why equities are riskier investments than gilt-edged securities.
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 9:45pm On Mar 27, 2018
stocks with new 52 week lows
cornerstone #0.37k
equity assurance #0.34k
iei #0.48k
ftn cocoa #0.20k
stock with new 52 week highs
gsk #30.90k

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Kashif(m): 10:07pm On Mar 27, 2018
Some stocks coming within radar small small...
Re: Nigerian Stock Exchange Market Pick Alerts by samzepaparazi: 11:11pm On Mar 27, 2018
Is there no guru on this platform that will just say BUY this stock now and SELL this stock now.

Lets be paying him 10%
Re: Nigerian Stock Exchange Market Pick Alerts by IchimokuPilot: 11:48pm On Mar 27, 2018
samzepaparazi:
Is there no guru on this platform that will just say BUY this stock now and SELL this stock now.

Lets be paying him 10%

A true guru will not dare..... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:47am On Mar 28, 2018
samzepaparazi:
Is there no guru on this platform that will just say BUY this stock now and SELL this stock now.

Lets be paying him 10%

Define guru?..... grin




Forget it no guru for NSE o....All of us just trying our best because mr market no dey look face.... grin
Re: Nigerian Stock Exchange Market Pick Alerts by lilreese: 2:10am On Mar 28, 2018
Hello, Which platform do i use to trade on NSE ?
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 3:18am On Mar 28, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 3:18am On Mar 28, 2018
lilreese:
Hello, Which platform do i use to trade on NSE ?

Register with TRW stockbrokers
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 6:11am On Mar 28, 2018
BBFE:


Compare apples with apples. How does MMM compare to my buying Japaul on the back of a major cash injection.

How am I scammed here.

Can this deal go bad? Yes. Does it stand the chance of succeeding? Yes. There is a reason why equities are riskier investments than gilt-edged securities.



well said
Re: Nigerian Stock Exchange Market Pick Alerts by Bianco1: 7:37am On Mar 28, 2018
Team Fxuser, please your technical opinion on Glaxosmith?
@Currentprice, a look at your bedsheet once more will be great!
All other opinions negative or positive is welcome - one love!
Re: Nigerian Stock Exchange Market Pick Alerts by Luckki1001(m): 7:52am On Mar 28, 2018



Check Meristem Registrar

Meristem Registrars Limited
213, Herbert Macaulay Road,
Yaba Lagos.
D/L: 01-2809250-4
Fax: 01-2706312

Mail: info@meristemregistrars.com

MOBILE: 0700MERIREG

MUBO OLASOKO
muboolasoko@meristemregistrars.com

MARTINA SAMUEL OSAGUE
martinaosague@meristemregistrars.com

Good morning, gentleman. Can you kindly remove the names and email addresses of the two women mentioned above? The info email address will suffice for this purpose please. Thank you.
Re: Nigerian Stock Exchange Market Pick Alerts by chykeking: 7:55am On Mar 28, 2018
Please house, has anyone's cscs account been credited with the GSK 1 for 4 bonus shares of 2015 ? I havent seen mine . What do i do ?
Re: Nigerian Stock Exchange Market Pick Alerts by Luckki1001(m): 8:07am On Mar 28, 2018
chykeking:
Please house, has anyone's cscs account been credited with the GSK 1 for 4 bonus shares of 2015 ? I havent seen mine . What do i do ?

Get in touch with the Registrars to know the status - GTL Registrars Limited at either their office: 274, Murtala Mohammed Way, Yaba, Lagos or Phone: +234-(0)1-01-2793160-2 or simply chat them up at their website: http://www.gtlregistrars.com/contact-us/google-map-view/
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:28am On Mar 28, 2018
Bianco1:
Team Fxuser, please your technical opinion on Glaxosmith?
@Currentprice, a look at your bedsheet once more will be great!
All other opinions negative or positive is welcome - one love!

as someone post last week except you are ready to hold for very long time like pa Emma, Glaxo is overvalued at cp, I think there are more to that special dividend than what we know. based on the audited result, dividend declared is almost equivalent to the fair price of the stock. Soon we might see someone dumping to the biding and the rest will be story grin

If I have this stock I will just watch and sell before they force me to be long timer but if I don't have I will stay away for now to look for better fish in the mkt

grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by debenzd(f): 8:42am On Mar 28, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by debenzd(f): 8:44am On Mar 28, 2018
PLEASE CHECK YOUR MAIL.
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 8:45am On Mar 28, 2018
BBFE:


Compare apples with apples. How does MMM compare to my buying Japaul on the back of a major cash injection.

How am I scammed here.

Can this deal go bad? Yes. Does it stand the chance of succeeding? Yes. There is a reason why equities are riskier investments than gilt-edged securities.




You are free to buy JaPaul. No one has any right to stop your investment in Japaul nor MMM if you so wish.

However, shareholders of JaPaul need to approve the purported $250m injection and share issue to 'Milost' the Santa Claus investor. That is not yet done so everything na 'NOISE'.
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 8:54am On Mar 28, 2018
MSCI MOVEMENT 27 MARCH 2018/MARKET COMMENT

With the large caps appearing in the top gainers, the market is finding stability little by little.

On the need for balance portfolio, we need to diversify our equities around various sectors. This will ensure that if there is downturn in one sector it will not drag down our portfolio. For many investors that withstand the recent bear market, diversification must have helped.

Important point to note is that our investment must not be concentrated in just one sector alone not necessarily investing in so many equities. For example, during the Fx scarcity period, businesses that do not need FX for operations or earn forex did very well. This was the time Okomu, Presco and those sectors that earn Fx were the toast of the market.

For most business are doing well because Fx is readily available, when dollar starts rising; many sectors that are Fx dependent will experience some difficulty.

Caution: This information is for educational purpose only. Data used are assumed to be correct. You may need to verify the data from other independent sources if in doubt. For any clarification you can always send me a mail via this forum

Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 9:02am On Mar 28, 2018
Luckki1001:


Get in touch with the Registrars to know the status - GTL Registrars Limited at either their office: 274, Murtala Mohammed Way, Yaba, Lagos or Phone: +234-(0)1-01-2793160-2 or simply chat them up at their website: http://www.gtlregistrars.com/contact-us/google-map-view/
They are not fast in responding to issues. How I wish all registrars can be proactive like Meristem registrar
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 9:04am On Mar 28, 2018
yok:
MSCI MOVEMENT 27 MARCH 2018/MARKET COMMENT

With the large caps appearing in the top gainers, the market is finding stability little by little.

On the need for balance portfolio, we need to diversify our equities around various sectors. This will ensure that if there is downturn in one sector it will not drag down our portfolio. For many investors that withstand the recent bear market, diversification must have helped.

Important point to note is that our investment must not be concentrated in just one sector alone not necessarily investing in so many equities. For example, during the Fx scarcity period, businesses that do not need FX for operations or earn forex did very well. This was the time Okomu, Presco and those sectors that earn Fx were the toast of the market.

For most business are doing well because Fx is readily available, when dollar starts rising; many sectors that are Fx dependent will experience some difficulty.

Caution: This information is for educational purpose only. Data used are assumed to be correct. You may need to verify the data from other independent sources if in doubt. For any clarification you can always send me a mail via this forum

Any clue as to why MSCI keeps selling off Diamond bank? The fund seems to have stopped sales of other banks' shares.

#my eyes are on DB & FiB
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 9:08am On Mar 28, 2018
debenzd:
FINALLY. SOME DIVIDEND
How much and hope they're not planning to raise capital?
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:34am On Mar 28, 2018
yok:
MSCI MOVEMENT 27 MARCH 2018/MARKET COMMENT

With the large caps appearing in the top gainers, the market is finding stability little by little.

On the need for balance portfolio, we need to diversify our equities around various sectors. This will ensure that if there is downturn in one sector it will not drag down our portfolio. For many investors that withstand the recent bear market, diversification must have helped.

Important point to note is that our investment must not be concentrated in just one sector alone not necessarily investing in so many equities. For example, during the Fx scarcity period, businesses that do not need FX for operations or earn forex did very well. This was the time Okomu, Presco and those sectors that earn Fx were the toast of the market.

For most business are doing well because Fx is readily available, when dollar starts rising; many sectors that are Fx dependent will experience some difficulty.

Caution: This information is for educational purpose only. Data used are assumed to be correct. You may need to verify the data from other independent sources if in doubt. For any clarification you can always send me a mail via this forum
Pls sir tell those guys to sell off their diamonds as fast as possible and port the cash to fcmb.
On behalf of diamond shareholder I want to let them know that we are tired of them and the volatility they bring. They will not be welcomed in future.
Let them go to fcmb.
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 9:41am On Mar 28, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 9:47am On Mar 28, 2018
currentprice:


as someone post last week except you are ready to hold for very long time like pa Emma, Glaxo is overvalued at cp, I think there are more to that special dividend than what we know. based on the audited result, dividend declared is almost equivalent to the fair price of the stock. Soon we might see someone dumping to the biding and the rest will be story grin

If I have this stock I will just watch and sell before they force me to be long timer but if I don't have I will stay away for now to look for better fish in the mkt

grin grin grin

Something may indeed be cooking but in an atmosphere of uncertainty like you said, caution is advised.

My simple mind tells me that this is probably a one off dividend from the sale of their drinks business to Suntory last year. (https://ng.gsk.com/media/742125/shareholders-letter-3rd-june-2016.pdf)

My conspiracy theory mind remembers that the international parent tried to increase their stake through a tender offer a couple of years back but this motion was rejected by shareholders (https://www.ft.com/content/0f5597d6-f062-11e2-929c-00144feabdc0), [s]since GSK parent themselves could not vote their shares being the party involved[/s]. A lot of water has passed under the bridge since then. Could this be a cashout or an inducement? Only time will tell.....Meanwhile your advice up there should suffice for the wise.

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