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Nigerian Stock Exchange Market Pick Alerts - Investment (6272) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by wisdom2345: 12:52pm On Feb 09, 2021
Hello guys! Please what do we think of insurance companies?

Also please is there any news on flourmills
Thanks house
Re: Nigerian Stock Exchange Market Pick Alerts by Penboy: 2:21pm On Feb 09, 2021
samguru:
Now that Cryptocurrency trading has technically been banned by CBN in Nigeria.

We should be expecting redirection of fund from cryptocurrency to stock market in the coming weeks

The crypto boys don't know about Nigerian Stock Market

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Gift7428: 2:33pm On Feb 09, 2021
Hello everyone,
Please assist me in accessing my deceased father's stock.

His death occurred in 2003.
Bought some shares of Mobil,Guaranty Bank and
Vita form.
All the details are in my hands. My mother just shared this information with us, and I'm really not sure why. Thank you.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:51pm On Feb 09, 2021
Nezzjnr:
How will I do that on Trove
I dont use Trove but what I implied by that post was that you may choose not to sell your transcorp on short term basis.........
...i.e. you can leave it for some times for it to appreciate back......
....and if you must sell, not to sell at loss, though I dont know your cost price but it looks high from the emoji you posted.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:55pm On Feb 09, 2021
.......
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:12pm On Feb 09, 2021
Gift7428:
Hello everyone,
Please assist me in accessing my deceased father's stock.

His death occurred in 2003.
Bought some shares of Mobil,Guaranty Bank and
Vita form.
All the details are in my hands. My mother just shared this information with us, and I'm really not sure why. Thank you.

Hi, you will need a Lawyer to Process the LA(Letter of Administration).

LA(Letter of Administration) will be taking to the Dad's various Registrar and Brokers for processing.

1 Like 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by Nezzjnr: 4:01pm On Feb 09, 2021
Mcy56:

I dont use Trove but what I implied by that post was that you may choose not to sell your transcorp on short term basis.........
...i.e. you can leave it for some times for it to appreciate back......
....and if you must sell, not to sell at loss, though I dont know your cost price but it looks high from the emoji you posted.
Ohhhhh

Now I get your post cheesy

I'll still leave it

Today's market no Favour me at all

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 4:36pm On Feb 09, 2021
Gift7428:
Hello everyone,
Please assist me in accessing my deceased father's stock.

His death occurred in 2003.
Bought some shares of Mobil,Guaranty Bank and
Vita form.
All the details are in my hands. My mother just shared this information with us, and I'm really not sure why. Thank you.

Go to Meristem or Cardinalstone they offer probate services, though they will charge you small amount of money sha
Re: Nigerian Stock Exchange Market Pick Alerts by Dsticks47(m): 4:51pm On Feb 09, 2021
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Re: Nigerian Stock Exchange Market Pick Alerts by zimams: 5:12pm On Feb 09, 2021
Hi ,

In addition to what OBAGADAFFI has shared, you will need the following-

1. Letter of Administration
2. Death Certificate
3. Media Publication (Gazette)
4. Bankers Confirmation for Deceased.
5. Notary Publication.

I'm about pursuing same for my Dad. This is what I've been asked to put together.

Goodluck with it.


Gift7428:
Hello everyone,
Please assist me in accessing my deceased father's stock.

His death occurred in 2003.
Bought some shares of Mobil,Guaranty Bank and
Vita form.
All the details are in my hands. My mother just shared this information with us, and I'm really not sure why. Thank you.

3 Likes 5 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by Gift7428: 5:20pm On Feb 09, 2021
Any lawyer would do right?

OBAGADAFFI:


Hi, you will need a Lawyer to Process the LA(Letter of Administration).

LA(Letter of Administration) will be taking to the Dad's various Registrar and Brokers for processing.

Re: Nigerian Stock Exchange Market Pick Alerts by Gift7428: 5:21pm On Feb 09, 2021
Thanks but I didn’t get Number 3 and 4
Is that done with a lawyer too?


zimams:
Hi ,

In addition to what OBAGADAFFI has shared, you will need the following-

1. Letter of Administration
2. Death Certificate
3. Media Publication (Gazette)
4. Bankers Confirmation for Deceased.
5. Notary Publication.

I'm about pursuing same for my Dad. This is what I've been asked to put together.

Goodluck with it.


Re: Nigerian Stock Exchange Market Pick Alerts by Gift7428: 5:23pm On Feb 09, 2021
Where are they? Can I find them online?


samguru:


Go to Meristem or Cardinalstone they offer probate services, though they will charge you small amount of money sha
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 5:33pm On Feb 09, 2021
Gift7428:
Where are they? Can I find them online?

Meristem 213, Herbert Macaulay Way, Yaba,Lagos

Cardinal Stone is also on Herbert Macaulay Way,Sabo to be precise Lagos
Re: Nigerian Stock Exchange Market Pick Alerts by mumu9gerian: 5:40pm On Feb 09, 2021
http://www.nse.com.ng/Financial_NewsDocs/32389_11_PLC_%20EXPLANATORY_NOTES_ON_THE_DELISTING_OF_11_PLC_F.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by zimams: 5:53pm On Feb 09, 2021
Number 4 you can approach your Dads bank with the Letter of Administration when its ready.
Number 3, your Lawyer will advice you on it.

My suggestion is that you get a good lawyer with experience in this area, and hand it over to him/her to pursue while you provide all necessary info and follow up.

Gift7428:
Thanks but I didn’t get Number 3 and 4
Is that done with a lawyer too?


3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 6:07pm On Feb 09, 2021
wisdom2345:
Hello guys! Please what do we think of insurance companies?

Also please is there any news on flourmills
Thanks house

some Insurance companies are okay for investing now, thinkof the likes of Wapic, Aiico,Mansard, Soverign Trust, Consolidated hallmark but DONT buy Guninea Inurance, Standard Alliance, International Energy Insurance ooooooooo.

On flourmills, an insider told me Flourmills Of Nigeria PLC is planning to acquire NNFM.

Shikena

4 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by wisdom2345: 8:31pm On Feb 09, 2021
Ohh okay thanks. I appreciate

some Insurance companies are okay for investing now, thinkof the likes of Wapic, Aiico,Mansard, Soverign Trust, Consolidated hallmark but DONT buy Guninea Inurance, Standard Alliance, International Energy Insurance ooooooooo.

On flourmills, an insider told me Flourmills Of Nigeria PLC is planning to acquire NNFM.

Shikena[/quote]
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:30pm On Feb 09, 2021
Gift7428:
Any lawyer would do right?


Yes .

But get experienced lawyer, to hasten the process.
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 9:31pm On Feb 09, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:12pm On Feb 09, 2021
IYGEAL:
https://nairametrics.com/2021/02/09/11-plc-considers-n213-90-as-exit-price-for-nse-delisting/ grin
This is day light ro.bb.ery shocked shocked
Mobil still closed @N228 as at COB with the expectation that the exit price wouldnt be less than N300......at least.
Na wa oh.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by rahjan: 11:42pm On Feb 09, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 11:46pm On Feb 09, 2021
Mcy56:

This is day light ro.bb.ery shocked shocked
Mobil still closed @N228 as at COB with the expectation that the exit price wouldnt be less than N300......at least.
Na wa oh.

First wave covid-19 price is what they are exiting with. Imagine using price between March and September 2020 when lockdown was hot like hell and crude oil prices plummeted.
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 9:52am On Feb 10, 2021
Mr market rightnow grin grin grin

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 9:53am On Feb 10, 2021
Investors rightnow grin grin grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:57am On Feb 10, 2021
Guys any news about the AIICO bonus?
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 10:28am On Feb 10, 2021
Mcy56:

This is day light ro.bb.ery shocked shocked
Mobil still closed @N228 as at COB with the expectation that the exit price wouldnt be less than N300......at least.
Na wa oh.

So, those who bought at or above current price will have to stick with the company as an unlisted company. Not even SEC will rescue them as the company appears to have met all requirements and protocols, as they said.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:33am On Feb 10, 2021
IYGEAL:


So, those who bought at or above current price will have to stick with the company as an unlisted company. Not even SEC will rescue them as the company appears to have met all requirements and protocols, as they said.

Air Services Logistics, started paying good dividend when it was delisted and taken private.

Paid a dividend of about N4.00, not bad for a company that was delisted at around N6.00

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 10:59am On Feb 10, 2021
PETERiCHY:
Investors rightnow grin grin grin

Eku market ooo peter the chief meme creator grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:04pm On Feb 10, 2021
GUINNESS:
Bids far outweigh offers......
Quite a large transaction yesterday also.
@samguru come and hint us what's cooking here..... smiley

F. U. G. A. Z:
Quite a lot of red here...........typical of approaching results?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by wisdom2345: 12:07pm On Feb 10, 2021
GUINNESS has gotten to 20.70. Indications is most likely a deal after than 8m was crossed @ 19.60 levels
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 12:25pm On Feb 10, 2021
Mcy56:
GUINNESS:
Bids far outweigh offers......
Quite a large transaction yesterday also.
@samguru come and hint us what's cooking here..... smiley

F. U. G. A. Z:
Quite a lot of red here...........typical of approaching results?

It's not red enough

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