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  #1 (permalink)  
Old 24th September 2008, 10:21 AM
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Default The Nigerian Stock Exchange - Live!

I notice in the top right section of the NSE web-site the banner "Online Trading" and an invitation to register, which as far as I can see cost N18,000.

Is this real? Is direct online trading really available here in Naija?

Are there any advantages in registering with the NSE site and more importantly relinquishing N18,000 of my hard earned?

Thanks in advance for any information anyone can provide
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  #2 (permalink)  
Old 24th September 2008, 10:46 AM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Catweasel View Post
I notice in the top right section of the NSE web-site the banner "Online Trading" and an invitation to register, which as far as I can see cost N18,000.

Is this real? Is direct online trading really available here in Naija?

Are there any advantages in registering with the NSE site and more importantly relinquishing N18,000 of my hard earned?

Thanks in advance for any information anyone can provide


It shd be N2,500,i believe u will have LIVE access to the main trading engine of the NSE.

You shd have access to d bid/offer positions of all stocks and u can monitor how stock prices respond to demand/supply(live and direct).

If you want to use this information for trading,you will still need ur broker to act on ur buy or sell orders.It is good if u can call ur broker while d market is still open to do d buying/selling 4 u.

I have not registered yet but the above is my opinion abt it.Cheers.
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Old 24th September 2008, 11:03 AM
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Default Re: The Nigerian Stock Exchange - Live!

Thanks Billions,

Based on what you say it does appear to be worthwhile registering.

Couple of things though.

The Broker I use is Zen Sec and I cannot see them giving me the number of any of their traders, but I will certainly ask.

I am sure it is N18,000 for a individual investor, as I commenced the registration process and stopped at the point it required me to go and pay the cash.
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Old 24th September 2008, 11:14 AM
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Default Re: The Nigerian Stock Exchange - Live!

A colleague sought my advise on investing(about N2 million) in the following stock. He is ready to wait for a year or more as he believes the market would have picked up by then. I need the advise of fellow forumites on the shopping list below:

SECURITY CLOSING PRICE

UNITYBNK 4.60
GUARANTY 22.00
DANGFLOUR 19.56
IBTC 12.23
STARCOMMS 8.28
FIDELITYBK 7.43
FIRSTINLND 6.83
STERLNBANK 5.60
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Last edited by Articulate; 24th September 2008 at 12:49 PM.
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  #5 (permalink)  
Old 24th September 2008, 11:42 AM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Articulate View Post
A colleague sought my advise on investing(abotu N2 million) in the following stock. He is ready to wait for a year or more as he believes the market would have picked up by then. I need tje advise of fellow forumites on the shopping list below

SECURITY CLOSING PRICE

UNITYBNK 4.60
GUARANTY 22.00
DANGFLOUR 19.56
IBTC 12.23
STARCOMMS 8.28
FIDELITYBK 7.43
FIRSTINLND 6.83
STERLNBANK 5.60
Prices will probably fall further.

Well,GTB is number one in my opinion.It is fundamentally strong and d Mgt seems okay.Dangote Sugar shd be number 2.

Cheers.
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Old 24th September 2008, 12:17 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Catweasel View Post
Thanks Billions,

Based on what you say it does appear to be worthwhile registering.

Couple of things though.

The Broker I use is Zen Sec and I cannot see them giving me the number of any of their traders, but I will certainly ask.I am sure it is N18,000 for a individual investor, as I commenced the registration process and stopped at the point it required me to go and pay the cash.
It is good...especially if u trade actively.

I have a guy dat i call,it is dis guy that calls d trader 4 me(I know they dont like this method but i still use it if i require an immediate action).Maybe Zen Sec will allow u to do something like dat too.
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  #7 (permalink)  
Old 24th September 2008, 12:48 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by billions View Post
Prices will probably fall further.

Well,GTB is number one in my opinion.It is fundamentally strong and d Mgt seems okay.Dangote Sugar shd be number 2.

Cheers.

Thanks. I will apreciate your views of the other stocks.
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  #8 (permalink)  
Old 24th September 2008, 01:34 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Articulate View Post
A colleague sought my advise on investing(about N2 million) in the following stock. He is ready to wait for a year or more as he believes the market would have picked up by then. I need the advise of fellow forumites on the shopping list below:

SECURITY CLOSING PRICE

UNITYBNK 4.60
GUARANTY 22.00
DANGFLOUR 19.56
IBTC 12.23
STARCOMMS 8.28
FIDELITYBK 7.43
FIRSTINLND 6.83
STERLNBANK 5.60

Don't have my bedsheet I front of me, but why not oceanic, diamond, Skye, intercontinental instead of unity and sterling?

DSR is a better buy than dangflour in my opinion.
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  #9 (permalink)  
Old 24th September 2008, 01:50 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by hispy99 View Post
Don't have my bedsheet I front of me, but why not oceanic, diamond, Skye, intercontinental instead of unity and sterling?DSR is a better buy than dangflour in my opinion.


@Articulate:Most of the others on ur list are relatively more expensive based on PE ratio.

I agree with hispy99.

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Old 24th September 2008, 02:23 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Articulate View Post
A colleague sought my advise on investing(about N2 million) in the following stock. He is ready to wait for a year or more as he believes the market would have picked up by then. I need the advise of fellow forumites on the shopping list below:

SECURITY CLOSING PRICE

UNITYBNK 4.60
GUARANTY 22.00
DANGFLOUR 19.56
IBTC 12.23
STARCOMMS 8.28
FIDELITYBK 7.43
FIRSTINLND 6.83
STERLNBANK 5.60
Chief Articulate, i absolutely agree with Billions that GTB is no 1 on this list, the stock has never let me down pesonally, it has been identified by many independent investment analysis to be the most rewarding banking stock in Nigeria in the last 3-5 years. IBTC has become cheaper and therefore more attractive of recent because of improved profitability, i will also suggest Dangote Sugar instead of Dangote Flour that is highly overpriced even at the PO price of 15.00. As for the others, there is no sound financial history behind them, they may be good for speculators in the market.
I hope my little contribution will help your mate, but remember to pay my consultation fees when the bill arrives on your table.
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Old 24th September 2008, 03:01 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by ttoladele View Post
Chief Articulate, i absolutely agree with Billions that GTB is no 1 on this list, the stock has never let me down pesonally, it has been identified by many independent investment analysis to be the most rewarding banking stock in Nigeria in the last 3-5 years. IBTC has become cheaper and therefore more attractive of recent because of improved profitability, i will also suggest Dangote Sugar instead of Dangote Flour that is highly overpriced even at the PO price of 15.00. As for the others, there is no sound financial history behind them, they may be good for speculators in the market.
I hope my little contribution will help your mate, but remember to pay my consultation fees when the bill arrives on your table.

I thank you all for your insightful analysis and useful comments. I'll definitely tell my colleague to pay your consultaltation fees and also donate a certain percentage his of profit for further development of this great forum (SMN).

I think the general concensus is that the following stocks offer good prospects:

1. GTB
2. Oceanic Bank
3. Dangote Sugar
4. Intercontinental Bank
5. Skyebank
6. IBTC
7. Diamond Bank



Thanks U all once more.
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  #12 (permalink)  
Old 24th September 2008, 03:02 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Articulate View Post
A colleague sought my advise on investing(about N2 million) in the following stock. He is ready to wait for a year or more as he believes the market would have picked up by then. I need the advise of fellow forumites on the shopping list below:

SECURITY CLOSING PRICE

UNITYBNK 4.60
GUARANTY 22.00
DANGFLOUR 19.56
IBTC 12.23
STARCOMMS 8.28
FIDELITYBK 7.43
FIRSTINLND 6.83
STERLNBANK 5.60

I would also suggest that you stagger the purchases in view of the present state of the market....thus keeping ur average cost a bit lower than if all are bought at the present amount.
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Old 24th September 2008, 03:20 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Catweasel View Post
I notice in the top right section of the NSE web-site the banner "Online Trading" and an invitation to register, which as far as I can see cost N18,000.

Is this real? Is direct online trading really available here in Naija?

Are there any advantages in registering with the NSE site and more importantly relinquishing N18,000 of my hard earned?

Thanks in advance for any information anyone can provide
I think that part of their site is a grave site. I filled out the form online about year and a half ago, but when I tried to pay for it, they had no clue what I was talking about. I don't even think any one checks the repository for the online forms for registration. If any one has been successful registering, please share experience.
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Old 24th September 2008, 03:55 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Articulate View Post
I thank you all for your insightful analysis and useful comments. I'll definitely tell my colleague to pay your consultaltation fees and also donate a certain percentage his of profit for further development of this great forum (SMN).

I think the general concensus is that the following stocks offer good prospects:

1. GTB
2. Oceanic Bank
3. Dangote Sugar
4. Intercontinental Bank
5. Skyebank
6. IBTC
7. Diamond Bank


Thanks U all once more.
Personally, i will replace IBTC with UBA and Intercontinental with PHB. Just my humble choice anyway
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Old 24th September 2008, 04:02 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by donchisel View Post
Personally, i will replace IBTC with UBA and Intercontinental with PHB. Just my humble choice anyway
Are these suggestions based on anything or just hunch?
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Old 24th September 2008, 04:07 PM
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Default Re: The Nigerian Stock Exchange - Live!

Looking at the consensus view of stock picks, it would seem we are pretty aligned.

May I play Devil's advocate for a moment.

Other than Dangote Sugar we seem to be heading for a portfolio that is almost exclusively in the Banking Sector. We know this sector may have some skeletons in the cupboard that was partially highlighted by the common year end directive. So I would suggest that it would be better to spread the risk and diversify the portfolio.

There are also some other non-banking stocks out there that are worth considering, e.g. Red Star Express with a forward PE ration of 8.25 or Standard Alliance at 8.76; both of which seem to be well short of their fair value.

Which ever, I do not think I would place more than 50% in Banking.

Anyway ... just my two kobo-worth.
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Old 24th September 2008, 04:58 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Catweasel View Post
Looking at the consensus view of stock picks, it would seem we are pretty aligned.

May I play Devil's advocate for a moment.

Other than Dangote Sugar we seem to be heading for a portfolio that is almost exclusively in the Banking Sector. We know this sector may have some skeletons in the cupboard that was partially highlighted by the common year end directive. So I would suggest that it would be better to spread the risk and diversify the portfolio.

There are also some other non-banking stocks out there that are worth considering, e.g. Red Star Express with a forward PE ration of 8.25 or Standard Alliance at 8.76; both of which seem to be well short of their fair value.

Which ever, I do not think I would place more than 50% in Banking.

Anyway ... just my two kobo-worth.
The only industries driving any African economy (except SA) is Banking and Oil/Mining. I don't think any other sector of the economy will be vibrant enough to sustain any growth that will make any impact on GDP or even to become independent of the Banking and Oil sector. Agriculture has the potential but with the rate of attention towards it, I doubt any companies will get there in the near future. Manufacturing is too dependent on the banks, infrastructure and imports. Transportation may get there with a lot of consolidation of companies.
At the moment, any portfolio that does not have only the Banking/Insurance and Oil sectors in it may not be a vibrant portfolio.
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Old 24th September 2008, 08:57 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by panej View Post
Are these suggestions based on anything or just hunch?
May be just a hunch
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Old 25th September 2008, 01:16 PM
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Default Re: The Nigerian Stock Exchange - Live!

Watching the NSE Live site this morning has given me a wonderful insight into the integrity of this market.

The number of deals shown 15 minutes ago was 6329. The screen refreshes and updates every few moments. In this time the number has gone from 6329 to 6315 to 6303 to 6300 to 6317. The volume and value also jump up and DOWN to suit.

I always knew the the price of shares can go down as well as up. But the number of transactions in a single trading session?

Possible explanations?

Aha ... it is now 6379 ... the normal laws of arithmetic may have been restored i.e. something plus something else equals something bigger.
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Old 17th May 2009, 06:34 PM
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Default Re: The Nigerian Stock Exchange - Live!

Quote:
Originally Posted by Catweasel View Post
which as far as I can see cost N18,000.
So how much was it finally? What I know of is the N2,500 own. Do you know if the N2,500 option has the capability of seeing live trading prices or deals?
Thanks bro. You have a good sence of humour, I like it.
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