*SEMINAR RECAP ON THE TREASURED ENTREPRENEURS ASSOCIATION TEA HALL OF WEALTH GENERAL ACTIVE GROUP PAGE 1 & 2 HELD ON THE 19TH OF NOVEMBER 2016*
👉🏼THEME:
❤ *UNLOCKING YOUR HIDDEN TREASURES*….
💚 *HOW TO TRADE EQUITY SHARES AND MAKE MONEY*..
🎤 SPEAKER/FACILITATOR/DISCUSSANT….
🗣MR KALLY EBOESOMI.
GOOD EVENING LADIES AND GENTLEMEN….
HOW HAS YOUR DAY BEEN????
GREAT I GUESS???🤷🏼♀🤷🏼♀
IF SO!! GLORY BE TO GOD ALMIGHTY …
AM HERE TO ACTUALLY GIVE A BRIEF ON STOCKBROKING…
THIS IS ACTUALLY THE ACT OF BUYING AND SELLING COMPANY SHARES..
I KNOW SOME OF US MIGHT HAVE HEARD ABOUT COMPANY SHARES BUT WE DO NOT HAVE AN INCLINED OR AMPLE KNOWLEDGE ON HOW IT WORKS..
THE NIGERIA STOCK EXCHANGE IS SET UP TO CONTROL AND MONITOR COMPANY SHARES AND ITS OPERATIONS IN NIGERIA..
THE MARKET WHERE THESE SHARES ARE TRADED IS CALLED STOCK MARKET…
THE ITEM TRADED IS CALLED SHARES…
WE HAVE THE PRIMARY AND SECONDARY MARKETS
FOR THE PRIMARY MARKET,YOU GET IPO- INITIAL PUBLIC OFFER
THIS IPO IS WHEN A COMPANY IS MAKING A OFFER TO THE PUBLIC IN ORDER TO RAISE SOME CAPITAL FOR THEIR BUSINESS
YOU CAN GET THE IPO WHEN ITS PUBLICIZED BY THE COMPANY BY MAKING IT KNOWN TO THE GENERAL PUBLIC
FOR INSTANCE,IF FIRST BANK WANT TO INCREASE THEIR CAPITAL, THEY COME UP WITH PUBLIC OFFER I.E 2,000.000 SHARES AT #3 PER SHARE..
THIS SIMPLY MEANS THEY ARE SELLING AT #3 PER SHARE,IF YOU DESIRE TO GET 1000 SHARES, YOU WILL GO TO THE BANK THAT IS AUTHORIZED TO SELL THEIR SHARES, YOU WILL DEPOSIT THE SUM OF #3000.
A FORM WILL BE GIVEN TO YOU BY THE BANK WHICH MUST BE FILLED AND SUBMITTED TO THE BANK..
THIS FORM IS CALLED THE PUBLIC OFFER FORM
BEFORE THE SUBMISSION OF YOUR FORM, I ADVICE YOU TO MAKE PHOTOCOPY OF YOUR PUBLIC OFFER FORM AND ATTACH COPY OF THE MEANS OF PAYMENT-TELLER FOR FUTURE REFERENCE AND RECORDS..
ANY SHARES BOUGHT FROM PUBLIC OFFER, YOU GET A SHARE CERTIFICATE FROM THE COMPANY…
LETS PAUSE FOR A WHILE ON THE PRIMARY MARKET AND LETS LOOK AT THE SECONDARY MARKET..
THE SECONDARY MARKET IS THE MARKET WHERE YOU CAN BUY SHARES AT ANYTIME WHETHER THERE IS IPO OR NOT…
IT IS THE DAY TO SAY SALE OF SHARES…
THIS IS DONE ON THE FLOOR OF THE NSE (NIGERIA STOCK EXCHANGE)
THIS ARE THE SCENES YOU SEE AFTER THE MAIN NEWS SEGMENT (BUSINESS NEWS)
AFTER THE NETWORK NEWS, THEY SHOW A LOT OF PEOPLE IN A ROOM DRESSED CORPORATELY IN SHIRTS AND RED WAIST COATS
THEY ARE CALLED THE STOCK BROKERS
THE IPO CAN NOT BE TRADED ON IMMEDIATELY YOU BUY THEM BECAUSE YOU STILL NEED SOMETIME LIKE 3 MONTHS AND ABOVE TO GET YOURSELF A CERTIFICATE FROM THE COMPANY AND WHEN YOU GET THE CERTIFICATE,YOU STILL NEED TO PROCESS IT BEFORE YOU CAN TRADE ON IT..
BUT SHARES BOUGHT FROM THE SECONDARY MARKET CAN BE TRADED WITHIN THE SAME WEEK OF PURCHASE
FOR YOU TO BUY FROM THE SECONDARY MARKET,YOU MUST HAVE A STOCK ACCOUNT OPENED VIA A STOCKBROKER..
THIS ACCOUNT IS USED TO BUY AND SELL SHARES..
THAT IS THE ACCOUNT WHERE YOUR SHARES ARE LODGED
THE ADVANTAGE THE PERSON THAT BUYS SHARES FROM THE SECONDARY MARKET HAS OVER THE PRIMARY MARKET IS THAT THE SHAREHOLDER OF SECONDARY MARKET CAN SELL HIS SHARES AFTER THREE DAYS OF PURCHASE
WHILE THE SHAREHOLDER THAT BUYS FROM THE PRIMARY MARKET WILL HAVE TO WAIT FOR THE RELEASE OF CERTIFICATE,PROCESS IT BEFORE HE CAN TRADE ON IT.
A PERSON THAT HAS SHARES IN A COMPANY IS CALLED A SHAREHOLDER
I KNOW SOME PEOPLE MIGHT BE HOLDING ONE OR TWO SHARE CERTIFICATES.
WHAT YOU ARE HOLDING DOES NOT GIVE YOU VALUE UNTIL YOU GET IT PROCESSED THROUGH A STOCK BROKER..
IT CAN NOT BE USED AS COLLATERAL IN OBTAINING LOAN FROM THE BANK BUT YOUR SHARES STATEMENT OF ACCOUNT CAN DO THAT FOR YOU…
REASON BEING THAT THE SHARES IN YOUR STATEMENT OF ACCOUNT IS AS GOOD AS CASH…
THE PRICE OF SHARES ARE PRESENTLY DOWN AND THIS IS THE ACTUAL TIME TO TAKE CONTROL OF THE MARKET AND MAKE SOME COOL CASH
FOR EXAMPLE FIRST BANK SHARE IS LESS THAN #5
YOU CAN ACTUALLY PUT SOME MONEY THERE AND SELL AT A LATER DATE.
A COMPANY QUOTED IN THE NIGERIA STOCK EXCHANGE CAN ALSO COME TO THE MARKET TO RAISE MONEY BY PUBLIC OFFER..
MY ADVICE TO MY CLIENTS IS WHEN THE OFFER IS ON, THEY SHOULD BUY SOME SHARES FROM THE SECONDARY MARKET..
FOR INSTANCE,IF UBA IS #5 IN THE SECONDARY MARKET AND THEY ARE SELLING AT #3 IN THE PRIMARY MARKET,THOUGH THE PRIMARY MARKET PX IS LOWER,I ADVISED YOU TO BUY AT #5
REASON BEING,WHEN THE PUBLIC OFFER IS OVER THE #5 SECONDARY MARKET PX WILL KEEP RISING WHILE THE PERSON THAT BOUGHT FROM THE PRIMARY MKT WILL STILL BE WAITING FOR HIS SHARES CERTIFICATE.
NOTE THAT WHEN THE PUBLIC OFFER IS ON THE SECONDARY MARKET PX OF THAT SAME SHARE WILL BE FIXED DURING THE PERIOD OF OFFER..
WITH SHARES, ASIDE THE INCREASE THE PRICE OF SHARES,THE COMPANY CAN ALSO DECLARE BONUS AND DIVIDEND ON THE SHARES
BONUS IS ADDITIONAL UNIT OF SHARES GIVEN TO A SHAREHOLDER BY THE COMPANY..
WHILE DIVIDEND IS THE MONEY GIVEN TO A SHAREHOLDER FROM THE PROFIT MADE BY THE COMPANY..
FOR INSTANCE IF MR OBI HAS 150 SHARES IN A COMPANY AND THE COMPANY DECLARES BONUS OF 1 FOR 3, THIS SIMPLY MEANS THE COMPANY IS GIVEN MR OBI ONE EXTRA SHARE FOR EVERY 3 SHARES…ALL YOU NEED TO DO IS DIVIDE HIS 150 SHARES BY 3..WHICH GIVES HIM AN EXTRA 50 UNIT OF SHARES..
MR OBI SHARES NOW BECOMES 200 UNIT OF SHARES IN TOTAL..
THANKS FOR AUDIENCE
YOURS SINCERLY…..
MR EBOESOMI KALLY.*SEMINAR RECAP ON THE TREASURED ENTREPRENEURS ASSOCIATION TEA HALL OF WEALTH GENERAL ACTIVE GROUP PAGE 1 & 2 HELD ON THE 19TH OF NOVEMBER 2016*
👉🏼THEME:
❤ *UNLOCKING YOUR HIDDEN TREASURES*….
💚 *HOW TO TRADE EQUITY SHARES AND MAKE MONEY*..
🎤 SPEAKER/FACILITATOR/DISCUSSANT….
🗣MR KALLY EBOESOMI.
GOOD EVENING LADIES AND GENTLEMEN….
HOW HAS YOUR DAY BEEN????
GREAT I GUESS???🤷🏼♀🤷🏼♀
IF SO!! GLORY BE TO GOD ALMIGHTY …
AM HERE TO ACTUALLY GIVE A BRIEF ON STOCKBROKING…
THIS IS ACTUALLY THE ACT OF BUYING AND SELLING COMPANY SHARES..
I KNOW SOME OF US MIGHT HAVE HEARD ABOUT COMPANY SHARES BUT WE DO NOT HAVE AN INCLINED OR AMPLE KNOWLEDGE ON HOW IT WORKS..
THE NIGERIA STOCK EXCHANGE IS SET UP TO CONTROL AND MONITOR COMPANY SHARES AND ITS OPERATIONS IN NIGERIA..
THE MARKET WHERE THESE SHARES ARE TRADED IS CALLED STOCK MARKET…
THE ITEM TRADED IS CALLED SHARES…
WE HAVE THE PRIMARY AND SECONDARY MARKETS
FOR THE PRIMARY MARKET,YOU GET IPO- INITIAL PUBLIC OFFER
THIS IPO IS WHEN A COMPANY IS MAKING A OFFER TO THE PUBLIC IN ORDER TO RAISE SOME CAPITAL FOR THEIR BUSINESS
YOU CAN GET THE IPO WHEN ITS PUBLICIZED BY THE COMPANY BY MAKING IT KNOWN TO THE GENERAL PUBLIC
FOR INSTANCE,IF FIRST BANK WANT TO INCREASE THEIR CAPITAL, THEY COME UP WITH PUBLIC OFFER I.E 2,000.000 SHARES AT #3 PER SHARE..
THIS SIMPLY MEANS THEY ARE SELLING AT #3 PER SHARE,IF YOU DESIRE TO GET 1000 SHARES, YOU WILL GO TO THE BANK THAT IS AUTHORIZED TO SELL THEIR SHARES, YOU WILL DEPOSIT THE SUM OF #3000.
A FORM WILL BE GIVEN TO YOU BY THE BANK WHICH MUST BE FILLED AND SUBMITTED TO THE BANK..
THIS FORM IS CALLED THE PUBLIC OFFER FORM
BEFORE THE SUBMISSION OF YOUR FORM, I ADVICE YOU TO MAKE PHOTOCOPY OF YOUR PUBLIC OFFER FORM AND ATTACH COPY OF THE MEANS OF PAYMENT-TELLER FOR FUTURE REFERENCE AND RECORDS..
ANY SHARES BOUGHT FROM PUBLIC OFFER, YOU GET A SHARE CERTIFICATE FROM THE COMPANY…
LETS PAUSE FOR A WHILE ON THE PRIMARY MARKET AND LETS LOOK AT THE SECONDARY MARKET..
THE SECONDARY MARKET IS THE MARKET WHERE YOU CAN BUY SHARES AT ANYTIME WHETHER THERE IS IPO OR NOT…
IT IS THE DAY TO SAY SALE OF SHARES…
THIS IS DONE ON THE FLOOR OF THE NSE (NIGERIA STOCK EXCHANGE)
THIS ARE THE SCENES YOU SEE AFTER THE MAIN NEWS SEGMENT (BUSINESS NEWS)
AFTER THE NETWORK NEWS, THEY SHOW A LOT OF PEOPLE IN A ROOM DRESSED CORPORATELY IN SHIRTS AND RED WAIST COATS
THEY ARE CALLED THE STOCK BROKERS
THE IPO CAN NOT BE TRADED ON IMMEDIATELY YOU BUY THEM BECAUSE YOU STILL NEED SOMETIME LIKE 3 MONTHS AND ABOVE TO GET YOURSELF A CERTIFICATE FROM THE COMPANY AND WHEN YOU GET THE CERTIFICATE,YOU STILL NEED TO PROCESS IT BEFORE YOU CAN TRADE ON IT..
BUT SHARES BOUGHT FROM THE SECONDARY MARKET CAN BE TRADED WITHIN THE SAME WEEK OF PURCHASE
FOR YOU TO BUY FROM THE SECONDARY MARKET,YOU MUST HAVE A STOCK ACCOUNT OPENED VIA A STOCKBROKER..
THIS ACCOUNT IS USED TO BUY AND SELL SHARES..
THAT IS THE ACCOUNT WHERE YOUR SHARES ARE LODGED
THE ADVANTAGE THE PERSON THAT BUYS SHARES FROM THE SECONDARY MARKET HAS OVER THE PRIMARY MARKET IS THAT THE SHAREHOLDER OF SECONDARY MARKET CAN SELL HIS SHARES AFTER THREE DAYS OF PURCHASE
WHILE THE SHAREHOLDER THAT BUYS FROM THE PRIMARY MARKET WILL HAVE TO WAIT FOR THE RELEASE OF CERTIFICATE,PROCESS IT BEFORE HE CAN TRADE ON IT.
A PERSON THAT HAS SHARES IN A COMPANY IS CALLED A SHAREHOLDER
I KNOW SOME PEOPLE MIGHT BE HOLDING ONE OR TWO SHARE CERTIFICATES.
WHAT YOU ARE HOLDING DOES NOT GIVE YOU VALUE UNTIL YOU GET IT PROCESSED THROUGH A STOCK BROKER..
IT CAN NOT BE USED AS COLLATERAL IN OBTAINING LOAN FROM THE BANK BUT YOUR SHARES STATEMENT OF ACCOUNT CAN DO THAT FOR YOU…
REASON BEING THAT THE SHARES IN YOUR STATEMENT OF ACCOUNT IS AS GOOD AS CASH…
THE PRICE OF SHARES ARE PRESENTLY DOWN AND THIS IS THE ACTUAL TIME TO TAKE CONTROL OF THE MARKET AND MAKE SOME COOL CASH
FOR EXAMPLE FIRST BANK SHARE IS LESS THAN #5
YOU CAN ACTUALLY PUT SOME MONEY THERE AND SELL AT A LATER DATE.
A COMPANY QUOTED IN THE NIGERIA STOCK EXCHANGE CAN ALSO COME TO THE MARKET TO RAISE MONEY BY PUBLIC OFFER..
MY ADVICE TO MY CLIENTS IS WHEN THE OFFER IS ON, THEY SHOULD BUY SOME SHARES FROM THE SECONDARY MARKET..
FOR INSTANCE,IF UBA IS #5 IN THE SECONDARY MARKET AND THEY ARE SELLING AT #3 IN THE PRIMARY MARKET,THOUGH THE PRIMARY MARKET PX IS LOWER,I ADVISED YOU TO BUY AT #5
REASON BEING,WHEN THE PUBLIC OFFER IS OVER THE #5 SECONDARY MARKET PX WILL KEEP RISING WHILE THE PERSON THAT BOUGHT FROM THE PRIMARY MKT WILL STILL BE WAITING FOR HIS SHARES CERTIFICATE.
NOTE THAT WHEN THE PUBLIC OFFER IS ON THE SECONDARY MARKET PX OF THAT SAME SHARE WILL BE FIXED DURING THE PERIOD OF OFFER..
WITH SHARES, ASIDE THE INCREASE THE PRICE OF SHARES,THE COMPANY CAN ALSO DECLARE BONUS AND DIVIDEND ON THE SHARES
BONUS IS ADDITIONAL UNIT OF SHARES GIVEN TO A SHAREHOLDER BY THE COMPANY..
WHILE DIVIDEND IS THE MONEY GIVEN TO A SHAREHOLDER FROM THE PROFIT MADE BY THE COMPANY..
FOR INSTANCE IF MR OBI HAS 150 SHARES IN A COMPANY AND THE COMPANY DECLARES BONUS OF 1 FOR 3, THIS SIMPLY MEANS THE COMPANY IS GIVEN MR OBI ONE EXTRA SHARE FOR EVERY 3 SHARES…ALL YOU NEED TO DO IS DIVIDE HIS 150 SHARES BY 3..WHICH GIVES HIM AN EXTRA 50 UNIT OF SHARES..
MR OBI SHARES NOW BECOMES 200 UNIT OF SHARES IN TOTAL..
THANKS FOR AUDIENCE
YOURS SINCERLY…..
MR EBOESOMI KALLY.