Raider76:


But why are they keeping the price band so narrow? You can't bid more than N0.90. Are some people holding it low so they can accumulate first?

It is likely,they don't want it to become TRANSCORP(a core JIJO stock)!

Raider76:

But why are they keeping the price band so narrow? You can't bid more than N0.90. Are some people holding it low so they can accumulate first?

@ all:
Spend time to learn the rules from the NSE website. Its a treasure trove of information and will avoid you getting misled. Pay attention to the price limits, it will help dispel all these conspiracy theories.
http://www.nse.com.ng/products/equities/market-structure

passwelle:

@ all:
Spend time to learn the rules from the NSE website. Its a treasure trove of information and will avoid you getting misled. Pay attention to the price limits, it will help dispel all these conspiracy theories.
http://www.nse.com.ng/products/equities/market-structure

People use the rules to manipulate. Why should a stock that closed on bid yesterday open 5% lower today, just because some people are allowed to bid what they want before full market open?

Raider76:


People use the rules to manipulate. Why should a stock that closed on bid yesterday open 5% lower today, just because some people are allowed to bid what they want before full market open?

Exactly my thoughts! They make the rules such that they can exploit it to suit themselves. Just look at d very strong bid right now on DAT stock. Yet it can't even move. That's d height of manipulation!! And some one is here talking of rules!!

I am having D's strong feelings DT they want to dump massively!!

stokfrick:


Exactly my thoughts! They make the rules such that they can exploit it to suit themselves. Just look at d very strong bid right now on DAT stock. Yet it can't even move. That's d height of manipulation!! And some one is here talking of rules!!

This is a great sign that FCMB will likely gain at least 8% tomorrow!

Raider76:

People use the rules to manipulate. Why should a stock that closed on bid yesterday open 5% lower today, just because some people are allowed to bid what they want before full market open?

stokfrick:

Exactly my thoughts! They make the rules such that they can exploit it to suit themselves. Just look at d very strong bid right now on DAT stock. Yet it can't even move. That's d height of manipulation!! And some one is here talking of rules!!

The answer to the "why" is market forces. If you bid high it would open high. You did not and neither did anyone else. All are allowed to bid during pre-market. As to manipulation, it didnt open high and so is within the permitted price range for the day. I guess i should leave you all to your conspiracy theories.

passwelle:

@ all:
Spend time to learn the rules from the NSE website. Its a treasure trove of information and will avoid you getting misled. Pay attention to the price limits, it will help dispel all these conspiracy theories.
http://www.nse.com.ng/products/equities/market-structure

So they have actually removed good till cancel. I loved that option.

stokfrick:


Exactly my thoughts! They make the rules such that they can exploit it to suit themselves. Just look at d very strong bid right now on DAT stock. Yet it can't even move. That's d height of manipulation!! And some one is here talking of rules!!

Without rules do you think the market can stand?
Do you remember when the said stock was on free fall, but could not fall more than a particular price in a day.
When a rule favours people, they hardly complain but when it is against them .....
Bros if you wan become the market maker come and have it

Ewoooooo.................. This market has turned around while I was eating

who is struggling on dt fo.
U win.

IHelp:


Without rules do you think the market can stand?
Do you remember when the said stock was on free fall, but could not fall more than a particular price in a day.
When a rule favours people, they hardly complain but when it is against them .....
Bros if you wan become the market maker come and have it

U guys shd allow it fall when it wants and rise when it wants .... That's free market

passwelle:


The answer to the "why" is market forces. If you bid high it would open high. You did not and neither did anyone else. All are allowed to bid during pre-market. As to manipulation, it didnt open high and so is within the permitted price range for the day. I guess i should leave you all to your conspiracy theories.

I still believe that the fair thing to do is for stocks to open at their previous day closing prices. That way this manipulation by market makers will not happen. BTW I did bid during pre-market once and I was not allowed!

PORTLAND PAINTS AND PRODUCTS NIGERIA PLC

Proposed Rights Issue

Dealing Members are hereby notified that Portland Paints and Products Nigeria Plc (“Portland Paints” or the ‘’Company’’) has through its Stockbroker; Stanbic IBTC Stockbrokers Ltd, submitted an application to The Exchange for approval and listing of a Rights Issue of 600,000,000 Ordinary Shares of 50 Kobo each at N3.30 per share on the basis of 3 new ordinary shares for every 2 ordinary shares held.

The Qualification Date for the Rights Issue is today, 9 February 2016.

Please oga Manie,
I needfo from u urgently (max 3days.)


Please no one should quote this post as i will delete this no 2moro

I copied the number already, stop waking me up

#Back to sleep

my ogas should watch this space very well https://www.iea.org/oilmarketreport/omrpublic/

IHelp:
Best day for me since I started trading ONLINE REAL TIME. Make una follow me thank God.

We go make money this year!!!!

The bulls make money
The bears make money
The pigs get slaughtered

How do I trade online real time. Pls help out

Why didn't I join Unilever... God open my eye to see good stocks

gift01:


How do I trade online real time. Pls help out

You can get more information here
http://www.morgancapitalgroup.com

Has anyone made recent payment into morgan skye bank account? The reason why I ask is because I wanted to boost my MC account today but I just wanted to know if payment over the counter would take long....I don't want any money issues with morgan.

Born2berich:
Has anyone made recent payment into morgan skye bank account? The reason why I ask is because I wanted to boost my MC account today but I just wanted to know if payment over the counter would take long....I don't want any money issues with morgan.

I think they changed their account to savings.

I am trying to withdraw from the account but they are delaying me. i have bills to pay.

EDUECO:
This is a great sign that FCMB will likely gain at least 8% tomorrow!

It is now happening and it will still happen tomorrow!

Woooooow!! Fcmb heading up @ 0.98 now! Planing to Jo out 1.10k .. 25% gain!!!

Born2berich:
Has anyone made recent payment into morgan skye bank account? The reason why I ask is because I wanted to boost my MC account today but I just wanted to know if payment over the counter would take long....I don't want any money issues with morgan.

Made payment to the skye bank account a week ago through online transfer. You can contact them to confirm to be sure if you have doubts.

EDUECO:
It is now happening and it will still happen tomorrow!

EDUECO @ don't be too greedy!!! I pray that the bid should go on till Friday!!! No offer yet!! Let the bid continue

IHelp:


Made payment to the skye bank account a week ago through online transfer. You can contact them to confirm to be sure if you have doubts.

Thanks..did you make the online transfer via your skye bank account or via another bank and how long did it take to credit your account?

mercylicious:


I think they changed their account to savings.

I am trying to withdraw from the account but they are delaying me. i have bills to pay.

Am really getting skeptical about morgan now since their MD left, things have changed terribly.

Born2berich:
Thanks..did you make the online transfer via your skye bank account or via another bank and how long did it take to credit your account?

Via another bank. I made payment on Friday morning but was credited on Monday.

This market nah wah oo. Some people just dumped FCMB shares, cleared the 60m bids, and still have 8m to offer!

Raider76:
This market nah wah oo. Some people just dumped FCMB shares, cleared the 60m bids, and still have 8m to offer!

more u look the less u see!!! Offer 8m!! May likely push d price down to closed @ 0.96