Agbalowomeri:


So what if all your analysis was based on falsified figures?

Oga I have long declassified myself; I am not interested in trading or investing. My interest is to make money

tiar:


Who said you cannot make money by being an investor? In regards to falsified figures, until Nigerians stop worshiping individuals as their god, there will not be enough push back to change situations for the better on a permanent basis.

There is a lot left to do compared to the little achieved thus far. Best wishes.

Agbalowomeri:


So what if all your analysis was based on falsified figures?

Oga I have long declassified myself; I am not interested in trading or investing. My interest is to make money

afope:
Hi guys
I am sorry if this sound stupid but I am very new to trading. Just signed on to Morgan platform. Going through their platform I didnt see where I can withdraw proceeds of my sold investment unlike other platforms I am familiar with.

To people using Morgan I have a couple of qns-

1) how do you withdraw the proceeds of your investment when you sell or is it credited directly to the bank details you submitted while opening the account with them?
2) If so, how fast is the credit? same day??

I could have asked them but I thought let me consult the expert in the house first

I would suggest you direct this questions to Morgan Capital via email. You can always make reference to their response in your subsequent transactions should the need arise.

Thanks

Agbalowomeri:


Dem plenty here o; Oga Wanaj, Pa Emma, Balogun Plato, Senior Tolu, Akogun TLax

Others are; CP, Prof, Fuxer, madam Yariya, Mattress Oracle ati be be lo

afope:
Hi guys
I am sorry if this sound stupid but I am very new to trading. Just signed on to Morgan platform. Going through their platform I didnt see where I can withdraw proceeds of my sold investment unlike other platforms I am familiar with.

To people using Morgan I have a couple of qns-

1) how do you withdraw the proceeds of your investment when you sell or is it credited directly to the bank details you submitted while opening the account with them?
2) If so, how fast is the credit? same day??

I could have asked them but I thought let me consult the expert in the house first

Thanks

tiar:


My definition of INVESTOR has no reference to dividend stocks or seeking dividend. It is the ability to directly or indirectly (through the help of a proven professional) to invest in companies that are undeservedly (not based on emotion or likeness of the company's owner) trading below their fair value as referenced by near term performance expectations. Intermittent ups and downs in prices do not bother you as the value will reveal itself when it is ready. Your interest is to take a position and acquire the company's shares up to the demand you seek given that you have caught on early to the under the radar intrinsic value. Other market participants continue to look elsewhere until one day the stock takes off and people start scratching their head in bewilderment.

Cheers

Agbalowomeri:


So what if all your analysis was based on falsified figures?

Oga I have long declassified myself; I am not interested in trading or investing. My interest is to make money

Agbalowomeri:


So which category do you belong; trader, investor or noise maker?

rebekah2011:
You are always funny. i am not even looking up to dat amount. Just give me N50m and I will retire. But the moment I get the N50m I will want to make more. Aliko dangote has proven over and over again that there are many opportunities in this Country to make money. Unfortunately there are many greedy people managing most businesses in Nigeria. Peter Amangbo was asked to shed more light on the 2.7b that Zenith will have to cough out annually to oviation Ltd. He simply said that there are not more to disclose other than what has been put out in the financials. But with us on the Board we can choose to act differently.

rebekah2011:
You are always funny. i am not even looking up to dat amount. Just give me N50m and I will retire. But the moment I get the N50m I will want to make more. Aliko dangote has proven over and over again that there are many opportunities in this Country to make money.

Godisfaithful:
Buyers and sellers always have a reason for their actions...no condemnation with that. We are all here to make money if only we keep to the formula that works best for individual buying and selling decision. The best advice one can work on is your personal experience not what works for other person. In a simple summary, cash is the king. The probability of market falling is very high compare to rising due to some many factors known and unknown to us (my personal opinion). Promo is already on the way partaining to some stocks. Look for cash and don’t rush to buy...

#NoOneCanTimeTheMarket #JustMyOpinion
#AllTheBest

RabbiDoracle:


And only the future will prove one of them to have made the right move.

Agbalowomeri:


Dem plenty here o; Oga Wanaj, Pa Emma, Balogun Plato, Senior Tolu, Akogun TLax

Others are; CP, Prof, Fuxer, madam Yariya, Mattress Oracle ati be be lo

rebekah2011:
Oga mi, we have said you should not be pessimistic. let me rephrase for you.

RabbiDoracle:


Value investing.

We do it here. Ask Onegentleguy.

ukay2:


Why u no put me?

shigidi:


Excrutiatingly illiquid

yom2:
that's my kind of stock. not d one with 50 billion os

yom2:
that's my kind of stock. not d one with 50 billion os

GTay:
New IPO listings could boost market liquidity

According to the Executive Director and Co-founder of Sahara Group Limited Tonye Cole, the Nigerian energy conglomerate has revived its plans to take on an Initial Public Offering (IPO). The purpose of the IPO according to the founder is to provide capital for the company to achieve its target of increasing its oil production by four-fold to 100,000 bpd. We recall that the company had initially planned to list in 2015 but refrained due to unfavorable market conditions as well as lower crude prices. However, the recent equity market recovery, improving macro-economic conditions, and most importantly stable crude oil prices have revived previously shelved listing plans. Although Mr. Tonye Cole did not provide a timeline or give an indication on the offer size, we highlight that in 2015, the company was looking to sell as much as 25% of its business for $600 million. We note that this is one of two potential listings soon to be done on the NSE, the second one being MTN Nigeria which is scheduled for the second half of 2018. We expect the IPO to further deepen the equity market – providing more investment opportunities as well as market liquidity.

Via: Vetiva Online

This looks promising for the market

yom2:
that's my kind of stock. not d one with 50 billion os

stcool:


The man in question is coming out to contest for governorship position in rivers state. Question is what benefit comes to investors after the IPO? Careful with buying IPO's this season, they are better companies listed already.

onegentleguy:



To receive the proceed of ur sale, u will have to send them a withdrawal request mail and do a fellow up until they effect the payment. Note that it has to be the same e-mail address u used while opening ur A/C with them.
...and once they do it, the money would usually take T+3 days (transaction payment date plus 3 days), to reflect in ur bank A/C for onward withdrawal. (...u can withdraw on the 3rd day begining from the day ur payment was effected).

However, u can also get the proceed of ur sale(s) paid directly to ur bank A/C. ...a process refered to as DIRECT CASH SETTLEMENT (DCS).
...this can be done via an application to the Nigerian Stock Exchange but through ur stockbroker (in this case morgancapital).

Hope its clearer now?


Regards.

Yayira:
I want to start buying illiquid stocks now

RabbiDoracle:


Value investing.

We do it here. Ask Onegentleguy.

tiar:


My definition of INVESTOR has no reference to dividend stocks or seeking dividend. It is the ability to directly or indirectly (through the help of a proven professional) to invest in companies that are undeservedly (not based on emotion or likeness of the company's owner) trading below their fair value as referenced by near term performance expectations. Intermittent ups and downs in prices do not bother you as the value will reveal itself when it is ready. Your interest is to take a position and acquire the company's shares up to the demand you seek given that you have caught on early to the under the radar intrinsic value. Other market participants continue to look elsewhere until one day the stock takes off and people start scratching their head in bewilderment.

Cheers

gamaliel9:


NAHCO?