₦airaland Forum

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Wapgod:
Is this what Nigeria needs right now?

Your N200,N500,N1000 notes now have an expiry date.
Nigerians take note.

Is this what Nigeria needs right now?

===UPDATE===
701 likes.
Nawa
First FTC.

BabsO2:
If one needs to fill a form when will it be out ?. I thought holders of the shares will just be paid off and get ebuyout payment in their accounts like a dividend warrant automatically?

LOL. No
This is Nigeria, there must be stress involved.

What are the instructions to sell my UBN shares through this MTO at N7?
https://doclib.ngxgroup.com/Financial_NewsDocs/36990_UNION_BANK_OF_NIGERIA_PLC%20NOTIFICATION_OF_TITAN_TRUST_.pdf

essentialone:
Why are we searching for companies to work for? Why not searching for companies to create or own? Why are most mushroom companies in Nigeria owned by Nigerians, whereas most of the big companies in Nigeria are owned by foreigners? Wake up Lazy Nigerian youths. Buhari is not your problem. We are our own biggest problem!

One word - CAPITAL.

Jerekre:
I believe the charge by Morgan is for use of online trading platform. I have used APT for a while and have not experienced such, but I don't use the online platform, I send my mandate to my account officer for execution.

What time/month do they charge this?

thesilentone:
Thank you for your response.

I wanted to get the historical daily prices for a few companies - preferably price and volume charts if available and annual reports

CR services Plc

Since my initial post, I have realised that the pink and red categories of companies provide little to zero useful information for investors.

Avoid companies that are not in the Blue categories.
They are simply not investable and you will most likely lose your investment/money 99% of the time.
The two investments I made,One in a pink category company and another one in a red category company are not looking good at all.
Check NASD 2021 Annual report for information on the colour categories of the companies.
The pink and red category of companies provides little to zero useful information for investors, that is why they in the pink and red categories and not the blue category.

To get the historical daily prices for a few companies - preferably price and volume charts if available and annual reports of a company in the blue category click on the security name and you will be directed to the specific page of that security, where you will find what you are looking for.
Another way to get the annual report of a company, go to the company's website and look for the investors relations page or financials page.

On CR services Plc, there is simply no liquidity at all for shares of this company on the NASD OTC exchange.

.

yMcy56:
GEREGU:
Q3- 39B revenue, 13B profit before tax.
https://nairametrics.com/2022/10/16/early-flier-geregu-power-releases-2022-9-months-interim-results/


Morgan Capital charges N2,500 annual maintenance fees from inception.
Normally deducted at the beginning of the year.
This was also clearly stated somewhere on the website.

I'm just learning about this.
Where can I find out more info about this as i have never been charged this as a client of MorganCapital Stockbrokers?

DivineSkills70:
Sorry, I meant Morgan Capital. I saw they charge N2,500 annual fee.

Where did you see that?

thesilentone:
I tried to subscribe to get historical data for the companies on NASD on their website but keep getting a 404 error.

Please does anyone know how to access this information? I might be looking in the wrong places.

Thanks

You can't anymore due to the website upgrade and change.
The current NASD website is different from the previous website.
What kind of historical data and for what company are you looking for?
Maybe i can help you.

This thread is to educate and discuss about investing in Commercial papers in Nigeria

When next is recruitment for Graduate Trainee from Stanbic IBTC Bank?

talk2me2:
Qualification date: 6 of January 2023.
Closure of Register: 9 to 13 of January 2023
Payment date: 26 of January 2023

P Z cussons una Weldon ooo

January is far.
Nawa oh.

Is there a nairaland thread for commercial papers?

RabbiDoracle:
The person you replied is correct nauw.

The investor is meant to do his Due Diligence before buying into IPOs.

Ben Graham of the Intelligent Investor said IPO means "It's Probably Overpriced".

We all saw hell when we all went for IPOs, POs and PPs in 2007 listing craze. Many learnt their lessons. You can't teach these retraining behaviours in business school. People just need to experience these and then they understand. We got our baptism in those days and now we avoid anything IPOs.

"You can't blame the scammer" goes all the way back to Tulip mania in the year 1634 when people were buying tulips and being issued certificates to own them and trade them.

What's PP?

thesilentone:
ACCESS finally paid. Didn't have to chase the registrars though.

Same here.
Money for meatpie.

Ades1:
It is like saying I don't blame scammers for scamming, it is those falling for it. Stealing is stealing no matter how you package it

Geregu plc shares is massively overpriced and massively overbloated(total issued shares).
We also don't know if they will pay dividends as a public company.
If they eventually do, there dividend yield will be small.

Best way to make money from the stock is price appreciation - Buy and Sell at a profit if you can.
As for me I'm avoiding the stock.

Either way Otedola has made billions by just listing the shares on NGX and will continue to make money off the shares independently of the company's financial performance by selling the billion units of overpriced shares he recently issued just before listing the company.

The NGX has become a dumping ground for overpriced securities for retail investors, and deliver mostly low yields to investors.

Is there any investment that can give me 23% per annual ROI in the regulated financial sector of Nigeria?
I'm tired of all these low yields(9-18%) despite me taking substantial risk with my money.

.

OboOlora:
Access bank!

Reasons:
-99.9% of the staff developed BP while working there
-Unrealistic target and KPIs
-Frustrated supervisors
-Zero work-life balance
-Forceful car loans etc
-Your friends and family just feel pitiful for you
-Signing if bond, making it look like witchcraft or 666
-Occultic MD that sacrifices his staff for rituals
-I can go on and on but mehn…I am tired of typing

What do you mean by Signing of bond?

Go to the NYSC HEADQUARTERS in Abuja with your evidences.
That's the only way you can contact NYSC properly.

yMcy56:
Lol. Dem don chop the meat finish come throw us bones......
They'll still want to do some manipulations in NSE .....I guess they'll still take the price far small.... even if everything go come cast las las.....

Our own na to follow them chop, anyone wey no smart with the chop, na im know.

Can you explain more on this phrase:"Dem don chop the meat finish come throw us bones in relation to geregu"

What is responsible for the rise in NEM insurance share price?

ositadima1:
Given dat USA is d world largest producer of crude oil. Do you still think that USA will be d loser at the end of dis inflation period?

Some people here think USA will print itself to oblivion, I laugh in your face.

You think that putting together a few charts and stats makes you an Authority on the subject, or that speculating on secondary sources of information makes you far more knowledgeable than the people who have almost unlimited resouces and access primary info by d minute. I laugh again.

My prediction? USA and d West will come out far better than the rest of d world!

With no intention to insult you, What does this have to do with the Nigerian Stock Exchange or nigerian stocks?
Your post is offtopic this thread.

Ritualist22:
Hmmm, so I should just delete the app then? I got scared when they requested for my bvn

It's not a scam.
It's completely legitimate.
Do as you wish.

Ritualist22:
Does anyone have an experience with it?

I do.
Not worth the returns.
Mediocre returns at best and i think you can only withdraw in naira if i remember correctly.

ambitiouschap17:
Thank you. I want to ask if they have options for index fund because I don't see it. I only want to buy index fund not single stocks.

You can buy ETF
Check my sig nature

daddymgg:
Good morning All.
I have been trying to do my research on Geregu Power plant but I have not been able to get it right.
Listen 100 in nse of 5th October. Is it a good buy? Does anyone have a good knowledge about power plant future goal

What do u mean by the phrase
Listen 100 in nse of 5th October

daddymgg:
Good morning All.
I have been trying to do my research on Geregu Power plant but I have not been able to get it right.
Listen 100 in nse of 5th October. Is it a good buy? Does anyone have a good knowledge about power plant future goal

Its a good buy.
Future plan is expansion and merger with other plants
UPDATE:
I said this before discovering the P.E is 12.5, it is a good buy if you can buy it for a cheaper P.E than 12.5.

ambitiouschap17:
Hello everyone, is bamboo app good or can you recommend a better alternative.

Nope.Better alternative is trove.