Stock Market Tips For Nigerians

oshkosh so all this talk of IBTC not sending anyone true-- my home boy told me the same thing that though they R viewed as trail blazers they are inpersonal don`t reply emails and their website is wack as  most browsers advise against accessing their stockbroking site

This is the price i copied down into excel from NSE website a few moments ago.  
I will go with that. It is also what is on zenithsecurities and nigeriansecurities.

TRW brokers have CSCS's version, but i know they rush to publish results and therefore they publish interim resuts. They don't however change it .

CSCS in my experience is highly incompetent. The CSCS online thing i have been struggling with. it does not show anything since i paid N2500 over 6 months ago.

Of recent thanks to pumping , i was able to get their number. My beggarly approach of "sir sir sir " which Nigerians love to hear even when you have paid for the service is not even working .

Thank God for the margins. If not for the margins

 
Hey Bro, My personal experience might help. I got so frustrated with IBTC once that I had to log on to their site and copied the names of all the folks in their stock brokerage department. I called the help lines for their three of their Lagos offices requesting to speak with a couple of those names. I chose a time when the offices must have closed and gave an impression I had to reach them regarding a mandate which they must act on. I struck gold. I got GSM numbers of three people and they have been my contact since then. I call them each time I send a mandate as well as copy them in any of my mandates. It has worked, at least so far.
Good luck  

welcome back sir. hope all is well.

If I were you - I will enter Oceanic or UBA.

My reasons - At their current prices you can go to sleep. They may not make any serious upward movement during 1 or 2 months, but they wont see any dips either.
If you buy any kalokalo stock now or any cyclic stock - you may be on the short end of the stick 1 month from now and by march ending Companies will have started releasing their FYE and trust me there will be nasty suprises for a lot of people.

Oceanic and UBA will still move and they will move big, their stimulus package never arrive - thats all.

hello all, it is not something new that you can make real fortune in the capital market. however, there are some unavoidable detractors that sometimes go all the way to frustrate this goal. they are called the nigerian stock brokers. i once used forthright securities in akure. if you see the non-challant and unwelcoming attitude of the members of staff, no one will tell you before you sell off your stocks with them and leave fast! another one is cashcraft asset management ltd, in their case i think they have too many customers that they can handle moreso that if you are investing less than a million, their staff see you as a church rat that deserves no respect, you can imagine a member of staff telling me he is on his way to the office that he cannot answer my enquiries!!! i wonder who is paying his salary anyway (pride make them forget it's units that grow into tens and unto millions). sometimes it takes them 3 months to credit your account after paying into their bank a/c thereby using your money while you are made to wait endlessly! i am planning to move my account from them as soon as i have an input from you guys about well trusted and tested brokers. any suggestions please

  Hi guys, Can someone kindly tell,if DAAR COMMUNICATION is a good buy @5naira? i don't care bout the delay on cert.

  I'm investing on it for 18mths.

 Thanks a lot.

Chei, your anti-PO vaccine dey work BIG TIME! 

good to see evry1 on fire. sorry bin away for a while , looks like a sign of the bears, longman is still strong though. u can still enter

@SHIGIDI HOW You DEY NOW? LONG TIME O!


@FATHEROF2, DIS TRIP WEN You TAKE COMMOT FROM NIJA NO GO AT ALL O!. wHEN You DEY COME BACK NOW.

You DEY SEE bANK PHB, E DON FINALLY REACH 32. You GO SELL?

Thumbs up to all the emptors and emptresses!

Does anyone know precisely why Guiness is going down? It has very good fundamentals right? Looks like there's one more thing I'm not aware of.

Latest Market Info
DEAPCAP: ON TECHNICAL SUSPENSION

DEAPCAP WOULD BE GOING ON TECHNICAL SUSPENSION TODAY. THEY ARE DOING AN OFFER FOR SUBSCRIPTION AT N7.50.

@AKT

I have tried to take candle look Dunlop and Afribank .

I noticed Afribank don break that 27naira resistance and is looking capable of doing some more miles (what was the factor responsible for the change?).

Dunlop still seems to have a little fuel left  (if not more!)with RSI at less than 60.

I wan learn this techie stuff, so abeg make u comment,

Wey the bears make I chop them. I am so pissed right now. I 've been trying to board the ABC bus since I saw the 100 million units traded with no success then today I get a trade alert and as that is my only order I am very happy but wait he bought at the day high of +5% of prev close and it gets better the stock actually lost 5% today so in one day I lose 10% not bad for some one who considers himself quite 'experienced' in the NSE but I have seen worse days and I must admit with all the Tech analyses I did not see ABC losing steam so soon.

Okay so I decided to break my on the fence watch again

Next and more important question I want to ask is what the hell is happening in the NSE? AFPRINT at N10, VONO at N10 at this rate AGLEVENT will probably hit the N20 mark.

FOF2 I hope you were successful in gate crashing this AGLEVENT party because me I dey return with my bat and amour I must get in at all cost. To think that I sold at N7 and was laughing at the guy who bought it off me. I guess the guy is the real one having a laugh at me right now.

Has anyone of you ever heard of the Greater fool theory in Markets
One version says that at any price a stock trades, the seller thinks that there is a greater fool out there for buying it of him/her
Another version goes like for every deal done in the market two people think that there is someone out there that he is smater than

Why am I feeling like the greater fool for some funny reason?

This NSE we go see sha. OCEANIC be like the dead sea right now and to think that I sold my AGLEVENT to take position in OCEANIC. The former has since doubled since then and the latter has lost N1.80

Angrily looking for a loot to grab.

Oversmart na im dey kill monkey

Grabdaloot - i dey with you on that one - but, i no fit jump on Aglevent at the current price o - because, na anytime the thing fit do reverse,  except you wan JiJo before end of year result expected anywhere around end of march.

 @grabdaloot

 I feel you , but don't feel bad. We all get whipsawed by the market especially when the market defies reason. Also you have made some bull''eye calls here and i think Chellarams is one of them . You are going to grab mo loot this coming month. Idey behind you for the AGleventis gate . I must enter by all means necessary,something must be brewing .