vinco82:
EVERYONE IN THIS FORUM HAVE RECEIVED THEIR ZENITH BANK DIVIDEND EXCEPT ME.
THERE IS GOD!

Not the only one. waiting also. e go show face last last so long you have received divy in time past.

ACCESS
* Over 110M units exchanged hands today again.....
* Access now sighted to be moving up.....
* Now @10.65...
* Looks like the ogas on top are done.....(maybe too early to conclude)

** ACCESS sighted @10.80.......seems the Ogas don release am....

GTCO
** Not doing badly Ex-Div..

locodemy:
Pls let someone post the screenshot of chams trade.Still having issues with mytradebook

Greenwich is not doing well with this tradebook of a site! Dem be big boys nah.
Imagine 3/4 days gone without rectifying the issue.

This similar remark was made sometimes ago when the site was down.
Like Iygeal said, I expected that you should have had additional brokerage house by now.

Atlas's Cititrader is there if you don't want to register with Morgan. They have similar site as Morgan but fees may be different. Either or both of them are suitable for your kind of trading.

ACCESS:
Sighted @10.90.....

GTCO: Sighted @23.95.......Up with +0.90k so far...

STI: The guys are carefully picking in chains of 99,800 units to prevent the price from moving.....
What's their mission??

yMcy56:
ACCESS:
Sighted @10.90.....

Access don leave uba behind

lancee:
don leave uba behind

Lol.
Let's hope it will drag UBA along.....it's cheap for that below N8 junction in my opinion.

OBAGADAFFI:
What is going on with PRESCO.

I have been wondering too

yMcy56:

Lol.
Let's hope it will drag UBA along.....it's cheap for that below N8 junction in my opinion.

I hope so ..I dey watch

[quote author=yMcy56 post=122924038]ACCESS:
Sighted @10.90.....

GTCO: Sighted @23.90.......Up with +0.90k so far...



who dey come for GTco again after dey abandoned it for long ...Hope not institutional nvestors

[quote author=lancee post=122924382][/quote]

The improved results released are now making it attractive possibly......
Value investors also buying...

Agba make Una come defend your stock o.


Btw, could it be Tony selling off UBA to save Transcorp?? I just dey wonder ni o.
Cos on a usual day, as Access move, UBA too go shake body. He'll likely be back in UBA too.

Hmmm someone is packing this ACCESS

Any news on ARDOVA....#19.90, traded about 5M+ units

Please any news about Ardova? Thought they were delisting at 17.38 or so. It touched 19.90 today

Hogwarthtrades:
Question about secured collateral loans ( I am aware this is not a recommendation of any sort, your personal experience or word of mouth is greatly appreciated though. Currently scouting to see what's out there) . The portfolio will and /or mostly consist of the following
a. MTN b. DANG CEM c. OKOMU d. UNITED CAPITAL e. Zenith f. BUA CEMENT g. BUA FOOD h. TOTALenergies
I. Which banks should one be weary of?
II. Do the said banks or financial institution have preference for stocks held in the portfolio.
III. The term of the loan looking at is ~ 180- 365 days at most.
IV. Please feel free to name the banks.
Scouting the market for now. Thanks for your input as always.. Iki PAWPAW oni wo pa wa oh (Credit to *insert nairaland username who always type this*)

Meristem Finance will give you about 70% of the portfolio, interests are calculated based on the reducing balance of the loan and not straight line as done by others.


You are expected to liquidate the loan within a year, if NOT you will pay a rollover fee that is equivalent to 1% of your outstanding debt.

Your investments MUST be domiciled with Meristem Stockbrokers or Meristem Wealth Management before you can access the "Share backed facility".

They offer loans of N1 million to N200 million to individuals and small businesses.

The last time I got a loan from them the interest rate was 18% plus processing and legal fees of 2%. I think rates must have increased

@emmanuelewumi Thanks Bossman for the info !!!

Hogwarthtrades:
@emmanuelewumi Thanks Bossman for the info !!!

Orange One Finance, a sister company of Investment One Stockbrokers will give loans of between 500k to N20 million, interest rate is 24% per annum excluding legal and management fees of 2%.


Interest is straight line and not reducing balance, so it is better to make bullet payment for the liquidation of your debt instead of paying on a monthly or weekly basis.

The money to be paid for gradual payment of the loan is better invested in a Money Market Fund earning interest, and then payoff both the principal and interest when the money is enough.


Most banks will want you to move your investments to their Stockbroking subsidiaries before they can process your " Shares Backed loan" application

BabsO2:


Where can one monitor this off market trade information ?

Possible the deal was real as that's a high volume. Many doing such high trades - that is the buyer and the seller - could have various motivations. Such deals are not impossible.

Looking at the daily price list and market wrap up from Stanbic IBTC sent to my email, I noticed the additional columns I have not been looking at contains information on off Market Volume and value

Today 4th of May 2023, Transcorp recorded an off Market volume of 0.5billion units at a price of N1.265b. That is at an average price of N2.53 for the off market trade. Meanwhile Todays opening price was N 2.29 and closing price was N 2.15

emmanuelewumi:

Orange One Finance, a sister company of Investment One Stockbrokers will give loans of between 500k to N20 million, interest rate is 24% per annum excluding legal and management fees of 2%.
Interest is straight line and not reducing balance, so it is better to make bullet payment for the liquidation of your debt instead of paying on a monthly or weekly basis.
The money to be paid for gradual payment of the loan is better invested in a Money Market Fund earning interest, and then payoff both the principal and interest when the money is enough.
Most banks will want you to move your investments to their Stockbroking subsidiaries before they can process your " Shares Backed loan" application

definitely agree with str8 line /lump sum approach while using Money market as the parking spot pending repayment. As for banks requirement of transferring collateral to their subsidiary, i thought it was particular to the bank approached thus far. it seem like the standard practice. Thanks a bunch once again.

BabsO2:


Looking at the daily price list and market wrap up from Stanbic IBTC sent to my email, I noticed the additional columns I have not been looking at contains information on off Market Volume and value

Today 4th of May 2023, Transcorp recorded an off Market volume of 0.5billion units at a price of N1.265b. That is at an average price of N2.53 for the off market trade. Meanwhile Todays opening price was N 2.29 and closing price was N 2.15

this transcorp sef....very crazy stock...

At what price should one re eneter Transcorp.
I wan Jijo

Payunsin:
At what price should one re eneter Transcorp.
I wan Jijo

J.D.P.

Just Dey...

yMcy56:

Greenwich is not doing well with this tradebook of a site! Dem be big boys nah.
Imagine 3/4 days gone without rectifying the issue.

This similar remark was made sometimes ago when the site was down.
Like Iygeal said, I expected that you should have had additional brokerage house by now.

Atlas's Cititrader is there if you don't want to register with Morgan. They have similar site as Morgan but fees may be different. Either or both of them are suitable for your kind of trading.

Thank you for your continued support and supply of information. I want to know if there is any other online platform where i can buy FGN Bonds? Morgan capital doesn't do that.

yMcy56:

Greenwich is not doing well with this tradebook of a site! Dem be big boys nah.
Imagine 3/4 days gone without rectifying the issue.

This similar remark was made sometimes ago when the site was down.
Like Iygeal said, I expected that you should have had additional brokerage house by now.

Atlas's Cititrader is there if you don't want to register with Morgan. They have similar site as Morgan but fees may be different. Either or both of them are suitable for your kind of trading.

Pls who owns Atlas cititrader.I want to know more about them.
Do you also know if stanbic ibtc stock broker is good.

locodemy:
Pls who owns Atlas cititrader.I want to know more about them.
Do you also know if stanbic ibtc stock broker is good.

Check out their website to find out more....

https://atlassportfolios.com/cititrader/

STANBIC IBTC na big men's broker......
Starting from their minimum investment amt.......to buy/sell fees.
Guess it's most suitable for value investors.
The big ogas using it here may be of help anyway.

vacanci:
Thank you for your continued support and supply of information. I want to know if there is any other online platform where i can buy FGN Bonds? Morgan capital doesn't do that.

I know about ARM investment/brokerage.
You can check Oga Emma's page for more info about this; or visit the TBills & Bonds thread for more info.

pls what happened to GSK share price? it closed at 6.30 yesterday

Mfunkynation:
pls what happened to GSK share price?
it closed at 6.30 yesterday

it was adjusted for ,55k today

Princkez:
it was adjusted for ,55k today

Wow... no information about the qualification day oooo

ACCESS
- Na every key positions dey buy....even Company Secretary buy....
- Wigwe also increasing his shareholding..
- Vesting was equally made to some key directors, maybe as compensation or reward for their loyalty, long service and hardwork...
- Over 15M units done so far........over 150M in total...
- Maybe they're reducing the free float in circulation to enhance value for shareholders or one expatriate is exiting and offloading to locals who knows....
- Price sighted @11...

https://doclib.ngxgroup.com/Financial_NewsDocs/239_NOTIFICATION_OF_SHARE_DEALING.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/239_NOTIFICATION_OF_SHARE_DEALING_IN_SHARES_TENGEN_HOLDINGS_MAURITIUS_LIMITED.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/38402_ACCESS_HOLDINGS_PLC-NOTIFICATION_OF_VESTING_OF_ACCESS_HOLDINGS_PLC_SHARES__CORPORATE_ACTIONS_APRIL_2023.pdf

yMcy56:

Check out their website to find out more....

https://atlassportfolios.com/cititrader/

STANBIC IBTC na big men's broker......
Starting from their minimum investment amt.......to buy/sell fees.
Guess it's most suitable for value investors.
The big ogas using it here may be of help anyway.

Concerning the minimum investment amount, I think it has been changed.
It was discussed here (around sept, 2021) when someone posted the link below here.

https://businesspost.ng/economy/stanbic-ibtc-stockbrokers-begins-zero-balance-account-opening-cuts-brokerage-fee/

IHelp:
Concerning the minimum investment amount, I think it has been changed.
It was discussed here (around sept, 2021) when someone posted the link below here.

https://businesspost.ng/economy/stanbic-ibtc-stockbrokers-begins-zero-balance-account-opening-cuts-brokerage-fee/

Wow! That will be great then.
Cc: Locodemy

yMcy56:

Check out their website to find out more....

https://atlassportfolios.com/cititrader/

STANBIC IBTC na big men's broker......
Starting from their minimum investment amt.......to buy/sell fees.
Guess it's most suitable for value investors.
The big ogas using it here may be of help anyway.

Thank you very much.My tradebook will be up on Monday as they informed me now.I wanted to leave them for another broker.I will contact the Atlas and lead trade to know their charges before I opt for a second online broker.I still manage one analog broker but no online access