teezpee:
Oga jauntty,

If u av bn following the thread as posited, u should know the 'stockbrocking firm' most people here will recommend.

Otherwise, u need to learn more oo.

teezpee:
Morgan should meet ur appetite.

FrankTalk1:
You can consider Cashcraft Asset Management Ltd. I have been using them for several years now. They also have online trading platform for you.

FrankTalk1:
You can consider Cashcraft Asset Management Ltd. I have been using them for several years now. They also have online trading platform for you.

bigjay01:


Cashcraft? u get liver oooo!

myjoy08:


I guess Meristem, Morgan, CSL, LeadCapital, Investment One, etc are far better than Cashcraft as you mentioned. This depends on how big or deep you want to invest. And if you really want it big, I will recommend Stanbic IBTC Stockbroker.

jauntty:
. Thks. I will run a check on each of those u listed....how big? Range of 100- 500k. For starting, I want to invest only want I can afford to loss without collapsing frm HIGH B.P.

myjoy08:


I guess Meristem, Morgan, CSL, LeadCapital, Investment One, etc are far better than Cashcraft as you mentioned. This depends on how big or deep you want to invest. And if you really want it big, I will recommend Stanbic IBTC Stockbroker.

FrankTalk1:


I have been using Cashcraft for some years now with no major issues. However am open to new and better options. I may consider trying the services of Morgan or Meristem. Mogan's direct itrade platform seem to be a plus.

myjoy08:


To make it simple, you can limit your research to these 3 based on the range you stated. Meristem (www.meritrade.com), Investment One (www.easytrade.ng), and Morgan (www.morgancapitalgroup.com).

jauntty:
I have been following this thread for a while and I must say I have learnt a lot from the discussions. I am gathering as much knowledge as I can.

I intend to start investing in the NSE this yr even tho am still learning. I really want suggestions on the best Stockbroking firm I can use. Personally, I would like the broking firm that give me some amount of control over my investments, and at the same time have access to expert advice and resource. I want to take responsibilities for my gains and losses.

Thanks Everyone.

myjoy08:



tempting indeed...lol

FrankTalk1:
Hello Friends. Please while opening Morgan Capital account, which bank account is accepted:Current account or Savings account?

donmarshia:
Please how can one withdraw funds from his Morgan capital account?

Akinmail:
Hello I have a question..

According to easykobo.com , the book value of FBNH is about 15 naira. Is there anyone who understands why this stock should be trading below book value?

Akinmail:
Hello I have a question..

According to easykobo.com , the book value of FBNH is about 15 naira. Is there anyone who understands why this stock should be trading below book value?

Aks:
@Charlesnerd, well said however there are so many coys trading below both book value and Market value owing to combination of socio economic factors beyond predictions of the[b] gurus who have now been relegated to nothing but TRIAL & ERROR analysis masters

Aks:
@Charlesnerd, well said however there are so many coys trading below both book value and Market value owing to combination of socio economic factors beyond predictions of the gurus who have now been relegated to nothing but TRIAL & ERROR analysis masters

Charlesnerd:


Book value is a company's valuation of itself based on the balance sheet information made available to the public. In contrast, market value is the investors valuation of the company based on his/her interpretation of the information made available to him.

If you are a prospective/existing FBNH shareholder and your company provides the following information to you;

-We intend to retain as much profits as possible because we plan to increase our tier 1 CAR from 15.3% to a much safer margin.
- Our loan portfolio comprises 30 -40 % oil and gas.

As an investor,faced with a double whammy of dwindling oil price and the prospect of receiving a lower dividend than you got last year, would it be ideal to value FBNH at N15? . If you decide to purchase the stock despite the perceived risk, you would definitely wish to put a cost to the risk,which gives rise to the differential between the book value and market value.

Interestingly,only the future can determine who made a better assessment between the company and the investor. So investors buying right now believe that risk aside,the company is absolutely right with its valuation of N15.

In any case,majority of banking stocks are trading well below their book value.FBNH is no exception.