NEM Insurance

[Vincenta11]

Guys, NEM seems to have gone haywire!

It closed at .63k on Friday and this morning I placed an order at .65k.
But just got an alert from FT that it has hit .70k as the opening price.

I will have to change my order price to that if Im to get any of it.

I still believe that .70k is still a fair price.

[manemi]

Originally Posted by Vincenta11

Guys, NEM seems to have gone haywire!

It closed at .63k on Friday and this morning I placed an order at .65k.
But just got an alert from FT that it has hit .70k as the opening price.

I will have to change my order price to that if Im to get any of it.

I still believe that .70k is still a fair price.

It couldn't have hit N0.70 as that will be over its 5% maximum daily allowable increase. I saw N0.67 on Bloomberg, and it hasn't changed. May be your Broker is trying to make a separate arrangement for you to get the shares.

[nosa2]

Originally Posted by Vincenta11

Guys, NEM seems to have gone haywire!

It closed at .63k on Friday and this morning I placed an order at .65k.
But just got an alert from FT that it has hit .70k as the opening price.

I will have to change my order price to that if Im to get any of it.

I still believe that .70k is still a fair price.

Haha! This is music to my ears. This January has magical, I think I'll play the lottery next. Nem is on bid and unless you've an agbero broker you probably won't get to buy.

[Vincenta11]

Originally Posted by manemi

It couldn't have hit N0.70 as that will be over its 5% maximum daily allowable increase. I saw N0.67 on Bloomberg, and it hasn't changed. May be your Broker is trying to make a separate arrangement for you to get the shares.

I think its a FT issue because after getting the alert from them that it has hit .70k, I went to their website and what was there was .67k.



Price Alert
21 January 2013

.................................................. .................................................. ................
N E M Insurance PLC
NEM:LAG makes a new 52 week high with a trade of .7 at GMT 09:18 Jan 21 2013.
Last price .7.

Company Overview

Open Day High 52 Wk High Volume Market Cap
.7 .7 .7 11.10m 3.38bn
Change/Change % Day Low 52 Wk Low Price/Earnings Earnings/Share
/ +4.69% .7 .5 2.01 .3
As of GMT 09:29 Jan 21 2013. Currency displayed in NGN.
.................................................. .................................................. .............................
I dont know if its a mistake.

[Picolena66]

Originally Posted by nosa2

Haha! This is music to my ears. This January has magical, I think I'll play the lottery next. Nem is on bid and unless you've an agbero broker you probably won't get to buy.

Hmmm...............But if u are a Simpleton Investor like me sitting pretty and already in it

all should be well sha abi

[goldsun2]

Originally Posted by Vincenta11

I think its a FT issue because after getting the alert from them that it has hit .70k, I went to their website and what was there was .67k.



Price Alert
21 January 2013

.................................................. .................................................. ................
N E M Insurance PLC
NEM:LAG makes a new 52 week high with a trade of .7 at GMT 09:18 Jan 21 2013.
Last price .7.

Company Overview

Open Day High 52 Wk High Volume Market Cap
.7 .7 .7 11.10m 3.38bn
Change/Change % Day Low 52 Wk Low Price/Earnings Earnings/Share
/ +4.69% .7 .5 2.01 .3
As of GMT 09:29 Jan 21 2013. Currency displayed in NGN.
.................................................. .................................................. .............................
I dont know if its a mistake.

do you pay for the alert

[nosa2]

Originally Posted by Picolena66

Hmmm...............But if u are a Simpleton Investor like me sitting pretty and already in it

all should be well sha abi

I like your modesty but me know say you na bros! Anyway let's enjoy the ride, the beauty about this one is that even at N1:50 it'll still be trading at a p.e of less than 5, So we got a long way to go

[Picolena66]

Originally Posted by nosa2

I like your modesty but me know say you na bros! Anyway let's enjoy the ride, the beauty about this one is that even at N1:50 it'll still be trading at a p.e of less than 5, So we got a long way to go

Hmmm...............Ok Oga Nosa..............Enough said then it is well

[netotse]

Originally Posted by goldsun2

do you pay for the alert

not at all, it's embedded in their portfolio management something (similar to bloomberg's watchlist), you can set alerts for various events relating to a stocks price.

[knightofdelta]

Originally Posted by Vincenta11

Guys, NEM seems to have gone haywire!

It closed at .63k on Friday and this morning I placed an order at .65k.
But just got an alert from FT that it has hit .70k as the opening price.

I will have to change my order price to that if Im to get any of it.

I still believe that .70k is still a fair price.

Originally Posted by knightofdelta

I have officially become a shareholder of NEM after a serious tug of war with all my brokers at all fronts. Because of that, 50 kobo is an unlikely price in the nearest future...

I waa targeting it at 53 - 54 kobo but for where? Na so the bids came out of nowhere and overwhelmed my own. Come see "crossing" and off-market deals! Looks like this company is about to become a takeover target and I am very suspicious of the Russian mob in the Nigerian market.

Maybe this will answer your question...

[upscholar200]

Got this at 0.52 few months back thanks to this forum.
Pinching myself why I didnt get more.

[hispy99]

Originally Posted by upscholar200

Got this at 0.52 few months back thanks to this forum.
Pinching myself why I didnt get more.

why are you punching yourself? If you had gotten more and it had remained at 50k, would you still be punching yourself?

[knightofdelta]

Originally Posted by hispy99

why are you punching yourself? If you had gotten more and it had remained at 50k, would you still be punching yourself?

Opari!

[Ozone]

Originally Posted by nosa2

I like your modesty but me know say you na bros! Anyway let's enjoy the ride, the beauty about this one is that even at N1:50 it'll still be trading at a p.e of less than 5, So we got a long way to go

Spot the difference, today's closing price; Aiico .75k, NEM .70k. Do we still have a long way to go?

[wanaj0]

Originally Posted by hispy99

why are you punching yourself? If you had gotten more and it had remained at 50k, would you still be punching yourself?

Seems you done hold this NEM for many years and the stock done teach you PATIENCE!

[hispy99]

Originally Posted by wanaj0

Seems you done hold this NEM for many years and the stock done teach you PATIENCE!

LOL..oga, how u take know now

[dr dowell]

Originally Posted by wanaj0

Seems you done hold this NEM for many years and the stock done teach you PATIENCE!

The way this stock is moving I see it touching N1.00 soon. Any way sha I joined the train today.

[dr dowell]

Originally Posted by Ozone

Spot the difference, today's closing price; Aiico .75k, NEM .70k. Do we still have a long way to go?

Look at their EPS and P/E and answer the question. The market is correcting some anomalies.

[dr dowell]

Originally Posted by nosa2

Haha! This is music to my ears. This January has magical, I think I'll play the lottery next. Nem is on bid and unless you've an agbero broker you probably won't get to buy.

It does not happen every January like this. This one is exceptional

[nosa2]

is anyone still bidding for NEM or have you guys decided to wait it out? Please I'd really like to hear from those not yet on the train