bigjay01:


EasyKobo is not superior to NSE na!

Oya make I ask you, which one do you believe?

The forces of your submissions are always very palpable. I feel very sorry for those that take every analysis here as gospel!

Bros Easykobo na gospel

If u know u know

STNWAUME:


Baba wey mr market don show weeen since 1960. NSE is dead the way forward is NYSE

Don't be left behind join the US stock pick thread below and thank me later.

https://www.nairaland.com/5669161/us-stocks-pick-alert#86375851

My problem with distance online trading is that when the case that will involve physical presence of a customer to pursue his/her case, the country concern like America might deny him/her visa to visit. And those who might not have enough money to pursue their case might ended up being frustrated.
Please help me with answer to these questions.
1. What of in case of eventuality where the stockbroker folded, how can one in Nigeria transfer his/her share to another stockbroker in America?
2. In place like Nigeria that registrar will demand your bank confirmation of signature for your uploaded e-dividend to be approve, how will one in Nigeria investing in American get his/her e-dividend activate in registrar that reside in America, without him/her being physical present and without American residential address?
3. The stockbrokers platform uses to trade foreign stock from Nigeria, are the under which country government regulations like (SEC)?

Am asking to know, because we learn everyday, thanks in anticipation.

Chibuking81:


My problem with distance online trading is that when the case that will involve physical presence of a customer to pursue his/her case, the country concern like America might deny him/her visa to visit. And those who might not have enough money to pursue their case might ended up being frustrated.
Please help me with answer to these questions.
1. What of in case of eventuality where the stockbroker folded, how can one in Nigeria transfer his/her share to another stockbroker in America?
2. In place like Nigeria that registrar will demand your bank confirmation of signature for your uploaded e-dividend to be approve, how will one in Nigeria investing in American get his/her e-dividend activate in registrar that reside in America, without him/her being physical presence and without American residential address?
3. The stockbrokers platform uses to trade foreign stock from Nigeria, are the under which country government regulations like (SEC)?

Am asking to know, because we learn everyday, thanks in anticipation.

I'm a US resident and one need a Social Security Number to activate a trading account here but there are online trading platforms which have their offices in Nigeria and allows Nigerians to trade via their apps likes
Trove.
Chaka.
Bamboo and
Trading 212 which charges no buy or sell commission though based in United kingdom.

All that is required is a valid international passport and valid bank statement for prove of address..

You can direct further enquires to OAKPEARL and coys at the link below.

https://www.nairaland.com/5669161/us-stocks-pick-alert#86375851

The Central Bank of Nigeria (CBN) says it will resume weekly forex sales to Bureau de Change operators from August 31.

In a circular signed by O.S. Nnaji, director of trade and exchange department, the apex bank said BDCs must not exchange the naira at more than N386/$.

The apex bank said its decision to resume FX sales to BDCs is to enhance accessibility to forex “particularly to travellers” since the resumption dates for international flights into the country has been announced.

Providing a breakdown of the rates, the CBN said: “Please be advised that the applicable exchange rate for the disbursements of proceeds of IMTOs for the period Monday, August 31 to Friday, September 04, 2020, is as follows:

IMTSOs to banks: N382/$1
Banks to CBN: N383/$1
CBN to BDCs: N384/$1
BDCs to end-users: Not more than N386
Volume of sale to each market is $10,000 per BDC.
The apex bank said FX sales to BDCs will hold on Mondays and Wednesdays in the first instance.

“The BDCs are to ensure that their accounts with the banks are duly funded with the equivalent naira proceeds on Fridays and Tuesdays,” the circular read.

“Banks shall continue to sell foreign currencies for travel-related invisible transactions to customers and non-customers over the counter upon presentation of relevant travel documents (passport, air ticket and visa).”


https://www.thecable.ng/breaking-naira-to-trade-at-386-as-cbn-resumes-fx-sale-to-bdcs

Godisfaithful:


Tesla is making us proud. From $400 to $2,200+...while CBN keep fighting devaluation...

Tesla needs to fall towards $278. What will cause it to fall this low will drag:

Dow : 16K
S & P : 1,800
NASDAQ: 5,800

And I truly don't know what will cause it. This is an early warning.

Then lots of EMs and FMs could have contagion effect from the developed market fall. The liquidity driven rally is about to come to an end in my opinion.

S007:


The prophesy must come to pass o.

A high of 3,501.60 was reached yesterday.

Chibuking81:


My problem with distance online trading is that when the case that will involve physical presence of a customer to pursue his/her case, the country concern like America might deny him/her visa to visit. And those who might not have enough money to pursue their case might ended up being frustrated.
Please help me with answer to these questions.
1. What of in case of eventuality where the stockbroker folded, how can one in Nigeria transfer his/her share to another stockbroker in America?
2. In place like Nigeria that registrar will demand your bank confirmation of signature for your uploaded e-dividend to be approve, how will one in Nigeria investing in American get his/her e-dividend activate in registrar that reside in America, without him/her being physical present and without American residential address?
3. The stockbrokers platform uses to trade foreign stock from Nigeria, are the under which country government regulations like (SEC)?

Am asking to know, because we learn everyday, thanks in anticipation.

Dividend is paid directly to the wallets for global stocks

STNWAUME:


I'm a US resident and one need a Social Security Number to activate a trading account here but there are online trading platforms which have their offices in Nigeria and allows Nigerians to trade via their apps likes
Trove.
Chaka.
Bamboo and
Trading 212 which charges no buy or sell commission though based in United kingdom.

All that is required is a valid international passport and valid bank statement for prove of address..

You can direct further enquires to OAKPEARL and coys at the link below.

https://www.nairaland.com/5669161/us-stocks-pick-alert#86375851

OK thanks
What of question 1 and 3?

Zenith Bank is still cheap

OBAGADAFFI:
Zenith Bank is still cheap

It's obviously very cheap, with a dividend yield of 14% + ,infact just a few rentals does that, but cheap may become cheaper, so its always good to have in mind a downside possibility of 15 -25 %.and cash reserve to key into this in case it happens.The trick is not to go in at once, but in tranches

mk3jax:
http://www.nse.com.ng/Financial_NewsDocs/31308_GUINNESS_NIG_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_.pdf

Ekuu Guinness result o

Cc. oga Peter

currentprice:


Ekuu Guinness result o

what am I seeing in this Guinness result, N12.6 billion Loss or what? Or am I seeing double?

The gods must be vexing with Peter, All his monkey hunting just dey catch fire�.

STNWAUME:


I'm a US resident and one need a Social Security Number to activate a trading account here but there are online trading platforms which have their offices in Nigeria and allows Nigerians to trade via their apps likes
Trove.
Chaka.
Bamboo and
Trading 212 which charges no buy or sell commission though based in United kingdom.

All that is required is a valid international passport and valid bank statement for prove of address..

You can direct further enquires to OAKPEARL and coys at the link below.

https://www.nairaland.com/5669161/us-stocks-pick-alert#86375851

Well said!

OBAGADAFFI:
Zenith Bank is still cheap

What happens to net income FY (GTB for life)

When is this mountain coming down? #GTB resistance

That value does not make sense.

Tvegas:
what am I seeing in this Guinness result, N12.6 billion Loss or what? Or am I seeing double?

The gods must be vexing with Peter, All his monkey hunting just dey catch fire�.

Valueinvestor:

It's obviously very cheap, with a dividend yield of 14% + ,infact just a few rentals does that, but cheap may become cheaper, so its always good to have in mind a downside possibility of 15 -25 %.and cash reserve to key into this in case it happens.The trick is not to go in at once, but in tranches

Waiting for more southern movement after Q2

Impairment of assets and Finance cost were the 2 major issues.

Tvegas:
what am I seeing in this Guinness result, N12.6 billion Loss or what? Or am I seeing double?

The gods must be vexing with Peter, All his monkey hunting just dey catch fire�.

PETERiCHY:


GUINNESS FINANCIAL YEAR END is June 30th unlike Nigerian Brewery and International Brewery that theirs are December 31st.

GUINNESS FULL YEAR result will be PUBLISHED by MONTH END between 27th/28th August 2020.

This YEAR being their 70th ANNIVERSARY in Nigeria the SIGNS are GLARING that we should EXPECT a BUMPER HARVEST.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

I foresee the management using the supposed N3.3b dividend payment fund to push GUINNESS to high heavens...

BARGAIN HUNTERS watch this SPACE and DON'T be SHAKEN out .

*ThE OcToPuS*

OBAGADAFFI:
Zenith Bank is still cheap

Please Sir where did you get this Info. from?

Tvegas:
what am I seeing in this Guinness result, N12.6 billion Loss or what? Or am I seeing double?

The gods must be vexing with Peter, All his monkey hunting just dey catch fire�.

This same Guinness that traded at N300 sometime ago is now struggling at N15 and someone is arguing that NSE is not a burial ground.

currentprice:


Ekuu Guinness result o

Cc. oga Peter

It didn't take too long for the market to respond to the results. A wall of sellers is building.

Could it be that all stocks on NSE are heading to 20 kobo?

ojesymsym:
That value does not make sense.

Dem audit the results o

PETERiCHY:


I foresee the management using the supposed N3.3b dividend payment fund to push GUINNESS to high heavens...

BARGAIN HUNTERS watch this SPACE and DON'T be SHAKEN out .

*ThE OcToPuS*

This is classic Hopeville

How do you go from 8.9B profit to 12.6B loss in one year? Even Oando non go do like that

S007:


Dem audit the results o

The price did not get here in a single day. It took many years. What are we going to say about Nestle that is where it is today? NSE is not a burial ground. Do your due diligence and invest and continue to watch over it.

STNWAUME:


This same Guinness that traded at N300 sometime ago is now struggling at N15 and someone is arguing that NSE is not a burial ground.

rebekah2011:
The price did not get here in a single day. It took many years. What are we going to say about Nestle that is where it is today? NSE is not a burial ground. Do your due diligence and invest and continue to watch over it.

Gbamusolutely

Oando that moved from Q3 positive to full year over 190billion in losses. Guinness will bounce back.

ojesymsym:
How do you go from 8.9B profit to 12.6B loss in one year? Even Oando non go do like that

Even the markets when he do use make mouth, they non de get slump? See wirecard situation in Germany.

rebekah2011:
The price did not get here in a single day. It took many years. What are we going to say about Nestle that is where it is today? NSE is not a burial ground. Do your due diligence and invest and continue to watch over it.