rmx:


Ideally you should exit before them and position before they return

Thumbs up to all the contributors , the amount of information available to guide for profitable investing on this thread is mind blowing

I personally believe we will see more multi year lows for a number of stocks this April . We are in very interesting and I dare say profitable times

Exactly. You need to exit before they do because their exit crashes price.

And enter before they do, because their entry accelerates prices.

As for April, I see a bullish recovery/start.

9jatriot:
He can check the contract paper they may have sent him for the UBA purchase he said he made, the number will be there. That should also be the CHN number I think.

I didn't get an contract paper oooo


I just saw in the mobile platform the transaction was success.

Should I be worried?

1kinggy:


Wealth buys shares in their name and keep a tally of your buy/sells.

The advantage I can see in this system is that, you don't have to worry about mandate forms to receive your dividends.

I think TROVE does thesame for your local stocks but buys foreign stocks in your name.

The CSCS commission is in every transaction, either by a regular broker or online broker.

I suspected as much. That is why they can easily send dividends to you. The problem though is, if they go bankrupt. What then happens? Or they get hacked etc, how do you prove you have “X” amount of shares.

I do hope the right regulators are monitoring them.

OBAGADAFFI:


Let me help clear up some issues about wealth.ng


Wealth.ng is a product of Sankore Securities Limited, just like Invest.ng from United Capital.

Sankore Securities is your broker .


All shares you buy must be in your name, except you subscribe to the mutual funds products.

Some brokers can help your mandate with the registrars, while others will others will charge you for it.

Really? If that is it, then that’s cool.

I take my previous statements back! �

DexterousOne:



Exactly

100% growth overtime will outstrip the 20 to 25% max drop in naira value
Even if the drop na 50%
It's still a good deal if you ask me

Yep! �

lancee:
Thanks to Gtb,....Received with thanks

GTB always performing....
Received my div with thanks too...

wamiikechukwu:



I didn't get an contract paper oooo


I just saw in the mobile platform the transaction was success.

Should I be worried?

Check your email, you should be getting mails from them, for every transaction.

If not, contact your broker

So uba dont want to pay dividend?

OBAGADAFFI:


Check your email, you should be getting mails from them, for every transaction.

If not, contact your broker

Do you use them (wealth.ng)? And you get these transactions with the numbers and all?

Hello, I will like to know if GTB is still paying dividend as I haven't gotten mine since yesterday

RabbiDoracle:


Very wonderful and Innovative bank.

How I wish our country will take a lesson from this bank.
Quite motivating.

wamiikechukwu:
How long do you normally hold your stock...

Is there any strategy you use in trading stock that a newbie like myself should be aware of.

I'm a short termer, planning to go on medium term soon.
As for me, I don't have any strategy, than to keep looking for opportunities for 10-20% as short termer.
Or trying to key in to a stock that I perceived its low with the hope to see it go up a little and sell; this however has its disadvantages cos my low could not be the actual low sometimes, thus getting trapped in such stock and, will then have no choice than to wait it out or move out at minimal loss to enter another one. Lol.

Paulfroshman:
Hello, I like to know if GTB is still paying dividend as I haven't gotten mine since yesterday

If your e-mandate is in place, don't worry, just patiently wait.
Once flight restriction is over, you will get yours.....
For now, they are paying those of us who a vulnerable first, later the BILLION GANG who are donating for COVID-19 will have their turn..

OBAGADAFFI:
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC
MAY & BAKER NIGERIA PLC.
FIDSON HEALTHCARE PLC
GLAXO SMITHKLINE CONSUMER NIG

Why're they getting attention? Are they working on COVIK ONE-NINE vaccine

Mcy56:

I'm a short termer, planning to go on medium term soon.
As for me, I don't have any strategy, than to keep looking for opportunities for 10-20% as short termer.
Or trying to key in to a stock that I perceived its low with the hope to see it go up a little and sell; this however has its disadvantages cos my low could not be the actual low sometimes, thus getting trapped in such stock and, will then have no choice than to wait it out or move out at minimal loss to enter another one. Lol.

OBAGADAFFI:
Wealth.ng is a product of Sankore Securities Limited, just like Invest.ng from United Capital.
Sankore Securities is your broker .
All shares you buy must be in your name, except you subscribe to the mutual funds products.
Some brokers can help your mandate with the registrars, while others will others will charge you for it.

Not encouraging. Can't be compared to trading yourself. Morgan is still better than this one to me. What if they disappeared or become bankrupt like some said?
Good luck to you guys trading with them.

ojeysky:
You may look at meritrade just started using them and they seem quite responsive

Thanks.
Meritrade is for big boys, we're just trying to compare brokers with low charges as Morgan.

seyisanya:
Why're they getting attention? Are they working on COVIK ONE-NINE vaccine

Pharmaceuticals are getting all the Billions for Vaccines, drugs, etc.

https://www.channelstv.com/2020/03/30/nafdac-orders-production-of-chloroquine-for-covid-19-clinical-trials/amp/

DeRuggedProf:

Prof you're laughing at me. Na so nah. Lol.

Paulfroshman:
Hello, I will like to know if GTB is still paying dividend as I haven't gotten mine since yesterday

You may have to contact the Registrar.
Did you follow your e-dividend processing thru?
Anyway, not to worry too much cos your dividend will always be there for you to claim, just try and contact the registrar to know what's up, then do follow up with them.

Mcy56:

Not encouraging. Can't be compared to trading yourself. Morgan is still better than this one to me. What if they disappeared or become bankrupt like some said?
Good luck to you guys trading with them.

I use investnow.ng(United Capital) and LEADCAPITAL. I trade myself with normal charges and commissions.

Wealth.ng should not be different.

PETERiCHY:


WAPCO just touched N8.55
Their journey to GOLGOTHA about to commence.
BARGAIN HUNTERS TAKE NOTE!

WAPCO faithfuls rightnow

I like this oga, I swear! He's the true bargain hunter. I only pity those that jumped on the WAPCO bus when you were heavily praising them here...lol. I remembered telling one oga here in JANUARY when it was sub N17 that I would pick my WAPCO latter on at sub N9, he thought I was crazy and unrealistic. Now we're picking at N8.55 - N9 with no stress . Let's see the direction of today's market.
.
..
...
BARGAIN HUNTERS...

lancee:





Kudos to Gtb if they have paid ..Also for finding a way to do their AGM

I read that some companies in the uk/us wan slash their div payments or some no way pay ..I go dey dey watch maybe some coys go wan try that in naija too ..using covid 19 as an excuse to retain more earnings

Uba Agm was before Gt ..why mark down their share price then

CAP PLC don do am. We await others...

No thanks, Pity not accepted.

seyisanya:
I like this oga, I swear! He's the true bargain hunter. I only pity those that jumped on the WAPCO bus when you were heavily praising them here...lol. I remembered telling one oga here in JANUARY when it was sub N17 that I would pick my WAPCO latter on at sub N9, he thought I was crazy and unrealistic. Now we're picking at N8.55 - N9 with no stress . Let's see the direction of today's market.
.
..
...
BARGAIN HUNTERS...

GonFreecss1:


Do you use them (wealth.ng)? And you get these transactions with the numbers and all?

No, I use investnow.ng which is similar to wealth.ng.

They're both front-end Products for thier companies.

ebuka1997:
anyone heard anything about wapco? because on my portfolio it's very red.... they're to release result today right? Thanks.

Averaging down is the way, sir, if the fund is available. Nothing is wrong with the coy's fundamentals! I bought GTB at N28 but now my breakeven price is very close to the current market price.

deleson:
Hello Gurus,

Any recommended platform to buy US stocks from Nigeria?

I already know of Bamboo and Trove.

Need to try out other options, doesn’t matter if they require direct USD deposition.

Thanks

Chaka is good!

Mcy56:

Thanks.
Meritrade is for big boys, we're just trying to compare brokers with low charges as Morgan.

Hahahaha! Is this the charge with Morgan that different? What is their exact buy and sell rates sef?

OBAGADAFFI:


No, I use invest.ng which is similar to wealth.ng.

They're both front-end Products for thier companies.

Does Invest.ng send dividends to your cash account? Or a bank account after submitting e-mandate to your bank?

Cautious trading ongoing in the market...

But where is Fcmb result?
This is what is keeping the stock low and some selling cos of uncertainty, but the result should be good going by their Q4 interim result.

.

Scients are even adding salt to the injuries.
They said on the 27th of April, something strange will happen on the planet Earth.