Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 5:40pm On Aug 12 |
I don finally drop from eterna bus with 41% profit banked. Safe journey to those still in the bus. Holding time: Two months and nine days 5 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 10:36am On Jun 28 |
ogoo4real: @yMcy56 any news on Transcorp PLC with the level of early morning trade it had this morning!!! the thing surprise me o....a single trade of more than 66m was made. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 9:02am On Jun 23 |
carternkem: What app can I use to buy shares ? you can try downloading any of these apps: Afrinvestor 2.0 by Afrinvest, i-invest by parthian partners, investment one, itrade by Morgancapital securities limited..... Morgancapital is not an app. You can access them by searching through your browser. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 6:52am On Jun 21 |
Walinco: Good morning sirs . Please I need help in understanding the stock market. I want to start investing but I don't understand why the market has been closed since I installed the bamboo app. Market opens from 10am-2:30pm on Mondays to Fridays excluding public holidays..... the market is supposed to be closed according to the time displayed in the screenshot. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 9:11am On Jun 19 |
Raider76: Market will reopen today and the journey to our goals will resume. May we all achieve our objectives this year insha Allah. Ameen |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 10:03am On Jun 07 |
Omooloriredade:
I understand your point which explains how an MTO works. However, you have assumed that in the event Norrenberger is unable to snap up 90% of the holdings of minority shareholders, it will have no other choice but to raise offer price or that the reduced free float may lead to scarcity of shares on the floor of the exchange.
My opinion was that the take over of IEI was a done deal because should the MTO (this offer) fail, NB can go ahead with the private placement to recapitalise the company citing an exemption in new SEC rule 445 (1) (d). If this was done, [b]minority shareholders will have their holdings further diluted [/b]to smithereens. IEI will fall short of the SEC listing rule, squeeze out minority shareholders and can delist from the NGX. So either way, NB will have their way. I'm afraid the minority shareholders don't have as much power in this scenario. Their options are limited. It appears they are not in a position to recapitalise the company. Pardon my conjectures just reading the room.
New SEC rule 445 (1) (d) exempts a strategic investor via (private placement) in an ailing company from the requirement to make an MTO in the first place. The PP must have been approved by shareholders (my assumption) so not deemed a hostile takeover. This is why I believe this particular MTO is the company giving minority investors an opportunity to exit or they go private with the company. The regulatory backing of this takeover is overwhelming. This is basically SEC and NAICOM assisting a strategic investor to save a financial institution from collapse or with recapitalization.
Keen to see how this plays out. I agree this is mere speculation on my part not to be taken as gospel. please what does it mean to dilute a share? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 9:51am On Jun 07 |
Idrismusty97: Please how do i liquidate a share on Afrivest? Tried to since last week and it's still pending even when o did it again. send them an email. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 10:37am On May 31 |
emmasoft:
Simply put, Right issue is when quoted companies sell shares to existing qualified shareholders in most cases at a discount price compare to the current price of the stock on the NGX. Here shareholders pay for the new shares. It's not compulsory you participant in a RI, it's by choice.
Bonus as the name implies is like a gift. This is when companies give extra shares to qualified existing shareholders at the expense of the company. Here shareholders don't pay for the new shares. Shareholders get Bonus not by choice even if you are not aware your cscs account will be credited with the bonus due you unlike RI when you have to make a choice.
In both cases, your shares increases but for one you pay - RI while the other you don't pay - Bonus. thanks a lot. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 7:48am On May 31 |
Good morning to everyone.....Please i need someone to help me differentiate between RI (right issue) and bonuses or bonus shares. what does the shareholders stand to benefit from both of them. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 6:43pm On Apr 01 |
yMcy56:
This new recapitalization no be small amount oo.... Deadline is 2026 This people with their gbelo-gbebo all the time...... *Those who cancelled their unissued share capital will now be blaming themselves......and will be planning to bring back IPO again!
Meanwhile, what about UNITY, JAIZ, NPF, LIVING TRUST, INFINITY, ABBEY, WEMA and other unlisted banks? I think theirs will be N50bn...
3 Likes 2 Shares |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 6:42am On Mar 26 |
yMcy56: For SUGAR and SALT faithfuls, hope still dey.... At least insiders are also buying @60s.... They just shouldn't continue to test our patience...lol. please how did you use to check for insider trading. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 8:52am On Mar 22 |
ernie4life:
Bracket means its a negative amount and N,M means multiply by 6 zeros that is, he should multiply it by one million..... because anything multiply by zero is equal to zero, right? 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 5:25pm On Feb 11 |
Mankind2024:
@emma Your firm need to toe the step of Morgan capital securities and bring the brokerage fee to 0.5% from d current 1.35%. This is the only way you can get recommendation. I can't remember how many people I refer to Morgan and Atlas weekly. 1.35% is NO, NO, NO,NO, NO. It drives me away from Investment One. It kills Investment. It reduces units It reduces profit It discourage new onboarders. I have a NASD portfolio that is domiciled with Investment One, I'm on the verge of transferring same to a commission friendly broker.(Atlas) It would have been a thing of joy to patronise Investment One on account of your participation on this platform. Cheers @ emmasoft Happy weekend. Please kindly share the link to download Morgan capital app. I tried downloading it through play store but i seem not to get the correct app. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 10:54am On Feb 02 |
Streetinvestor2: SMN =stock market nigeria. It was the forum here on nairaland whr the real ogas and gurus contributed to stock market. Then the thing scattered and was removed as a thread .Some ogas here are well known members of smn
Afolabi units originated over thr and monkey hunting. Plenty chairman be dey the thread
Afolabi units is a way of describing your buying in a humble way based on your capacity without mentioning the units because of different reasons. That was how I saw it then.A moniker started using it not to showoff his capacity and the forum adopted it
Thanks |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 9:09pm On Feb 01 |
Streetinvestor2: Completely wrong. You have no idea of what afolabi units means.Someone from SMN should tell you Enlighten us about afolabi units if you know the meaning please 🙏 |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 6:04pm On Feb 01 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 12:49pm On Feb 01 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 5:39pm On Jan 19 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 5:20pm On Jan 19 |
sky2891: We in OANDO bus seems left out from all these serious bullish market. Na so we go dey? the thing dey tire me oo. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 9:49pm On Jan 11 |
Ogas in the house should please give me a simple calculation formula to use in picking a good and viable stock....ogas like locotrader,megawealth,agba,madam mercy,oga Emma etc... |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 10:09am On Jan 06 |
megawealth01:
Prophet how far, Oando? Hope still dey? yMcy56: OANDO Those guys are playing games...... grinThey rolled out fake offers to prevent the price from moving up...... One went and place 10M single unit at the highest price 13.05, why not clear the bids? We dey watch them in 4D.... grinI honestly agree with you on this one. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 8:54am On Jan 05 |
Willie2015:
Its advisable to use overdraft.. than the conventional loan of monthly repayments... The bank give you a line for 365days.. with specific clean up cycle.... and they charged you based on usage.. If you dont use it...they dont charge you Very flexible and convenient for stock trading... Do the banks take an interest if you request for overdraft. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 10:19am On Dec 23, 2023 |
Toluway:
I think the bear might come after 2023 company dividends have been declared, which is usually around March. I think investors would like to get their 2023 full year dividends before they begin to japa; if they would. However, some prominent members of your fellow guru club think the outlook for 2024 would likely be bullish. Whatever be the case, our finance experts here are intelligent enough to start studying the terrain right as from late January in order to be able to suggest the trajectory for the later months of 2024.
As for me and my family, we are earnestly waiting for listing of NNPC Limited and Dangote Refinery in Nigeria Stock Exchange Market, come early/mid 2023 In God we must trust. Early/mid 2024 you mean to say right? 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 11:55am On Dec 22, 2023 |
Why is taking profit important... can't i just wait until i hit my target and then sell off all the units altogether. someone should please enlighten me. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 6:04pm On Dec 15, 2023 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 9:34pm On Dec 14, 2023 |
yMcy56:
Market closes at 2.30 * Buying and selling stops @2.25pm * The remaining 5mins (2.25 to 2.30) is for Market Makers
* So also for opening: Market opens @10 * Premarket starts at 9.30am to 9.55am * Remaining 5mins (9.55 to 10) is for Market Makers
Btw, something tells me KarlTom is also Megawealth01 sorry to ask, please who are market makers? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by stronglink: 2:02am On Nov 21, 2023 |
yMcy56: OANDO retested 12 junction today..... Some pullback last week Friday to 10.80 but closed @11.70 Closing price for today: 12.10..... Are the buyers insiders? We're watching them as court day is drawing closer again......
when is the court day please. |
Jobs/Vacancies / Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by stronglink: 8:37am On Dec 07, 2022 |
NdanaBusu:
Please when will FIRS start issuing Apl? when did you submit your cv,did you write their exams. |
Jobs/Vacancies / Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by stronglink: 9:55pm On Feb 08, 2022 |
I heard some people went to collect their Apl at fire service today. |
Jobs/Vacancies / Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by stronglink: 11:29am On Nov 28, 2021 |
Ujunwaa12:
The md was told to recruit more people during his budget defence by National assembly but the OgA md keep telling the Senate committee that 198 people he have is enough for him even when the committee was giving him reason but the OgA md said lai lai I will not recruit. thanks for the info. |
Jobs/Vacancies / Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by stronglink: 8:53am On Nov 28, 2021 |
TammyAnybody: Good morning
EFCC last intake just wrote their confirmation examination yesterday and promotion examination is due for February. The last recruitment exercise is cancelled, a new recruitment is expected by Dec - Jan or after their promotion exercise in February..
For my NCDMB people...there is a lot of pressure from the Red Chamber (Senate) to continue the exercise, so be hopeful by January all things goes well.. Their budget is expected to hit the senate in January.
NCC is collating CV , though your CV MIGHT be rejected at the gate, you have to be connected to get it submitted or even make the list..
HYPADEC is still issuing letter but not massive issuance
Nigeria Sovereign Investment Authority want to advertise for few vacancy in December or January
BOI will commence recruitment for another batch early next year, some are still undergoing induction
Development Bank of Nigeria is also planning to take in more staff as they are about to expand operations to other State of the Federation.
Preparation on ground by NERC to also recruit next year..
Have a nice day.. please do you have any information about bureau of public procurement(bpp). |
Jobs/Vacancies / Re: Post Abuja Jobs Here by stronglink: 7:34pm On Nov 09, 2021 |
stronglink: Can one get accommodation(single room) in lugbe for 50000-60000 naira per annum? please anyone with info about this question should help me out. |