@naijadr

personally i am a crusader

they are fundamentally sounder ie based on ratios

mbenfits comes in at least fifth after crusader, lawunion, aiico, unic (probably in that order for me)

so u a real doc or is it just a username then?

at AllCorrect

lolllllllllllllllllllllllll

thanks all the same.

Pls which broker do u use easimoni??

Yeah but i decided to cancel sell order, since bull's run is going on and I'll be at a loss, because by the time they sell it'll be tuesday and then use that money to buy it'll be thursday, I no go buy crusader for N5 oooohhh
@dr yeah are u in medicine too?

aktopgun:

@naijadr

personally i am a crusader

they are fundamentally sounder ie based on ratios

mbenfits comes in at least fifth after crusader, lawunion, aiico, unic (probably in that order for me)

so u a real doc or is it just a username then?

Allcorrect:

Please which broker do u use easimoni??

Lead Capital

easimoni:

Here's is my contract note from my Wema sale

Consideration xxxxxxx
Contract Stamp 0.0750%
Commission 1.5000%
VAT                 0.0750%
CSCSFee         0.4725%
NSEFee           0.5250%
Total                  2.648%

If you pay only 2.13% to sell (please double check), it means your broker commission is 1% and it's time for me to switch!

Abeg, who be your broker? Or is 1% only for the BIG BOYS?  

Folks, the broker's commission is negotiable. The NSE, CSCS, VAT, etc are fixed. I currently pay 1.83% (Buy-side) and 2.17% (sell-side) inclusive of broker's commission. I did not know, I could negotiate this until a year ago. My broker's commission used to be 2.75% but I negotiated it down to 1%. This is usually posible if your total portfpossible over =N=5 MM. Most stock brokers insist on having a minimum of =N=10MM before they reduce your commission to 1%. I use FSDH Securities. You can use this information to renegotiate if you are paying too much.

springss:

Folks, the broker's commission is negotiable. The NSE, CSCS, VAT, etc are fixed. I currently pay 1.83% (Buy-side) and 2.17% (sell-side) inclusive of broker's commission. I did not know, I could negotiate this until a year ago. My broker's commission used to be 2.75% but I negotiated it down to 1%. This is usually posible if your total portfpossible over =N=5 MM. Most stock brokers insist on having a minimum of =N=10MM before they reduce your commission to 1%. I use FSDH Securities. You can use this information to renegotiate if you are paying too much.

Thanks for this hot tip. I had no clue. Every little % counts in this game

springss:

Folks, the broker's commission is negotiable. The NSE, CSCS, VAT, etc are fixed. I currently pay 1.83% (Buy-side) and 2.17% (sell-side) inclusive of broker's commission. I did not know, I could negotiate this until a year ago. My broker's commission used to be 2.75% but I negotiated it down to 1%. This is usually posible if your total portfpossible over =N=5 MM. Most stock brokers insist on having a minimum of =N=10MM before they reduce your commission to 1%. I use FSDH Securities. You can use this information to renegotiate if you are paying too much.

THis is hot tip for Big boys only not those of us dealing in thousands

pumping777:

Thanks for this hot tip. I had no clue. Every little % counts in this game

Muchas Gracias from me as well. My broker is about to receive a sinker.

yodiyokun:


THis is hot tip for Big boys only not those of us dealing in thousands

Wassup with the false modesty? . U know that I know that you move the Market and make big thigs happen.

Ola007:

Thanks for the tips guys

@FatherOF2

Aha now i get it.Your broker must be cheating you big time.
Below are SEC approved rates for transactions.

BUY SIDE (VAT inclusive and all sub-charges)
1.83%

SELL SIDE (VAT inclusive and all sub-charges)
2.123%.

Go to the website and see the approved rates.No broker should charge you more.
I work on 25% a lot.If i get 35% na jarra. You need to cross 3.96% to make a profit.
Please don't take my RUMOUR gist too too seriously,its just 15% of my strategy for making money on the floor.
There're strong reasons i follow.
Buy on friday and sell on Thursday.Repeat forthnightly for 4 forthnights and you have at least 100% profit with compounding.

Which brokerage house gives you that rate? mine charges:-

BUY SIDE (VAT inclusive and all sub-charges)
2.355%

SELL SIDE (VAT inclusive and all sub-charges)
2.647%.

Thanks alln had no idea it was negotiated. But come to think of it, ow mani of us got 10m for trading on this thread. Well i will keep the info and hope to use it real soon. The market for 08 is gonna b hot. Waiting and getting in gear

I pay 2.6 to buy and 2.3 to sell (have to use UBA NRN just cause its easy for me from outside the country) well I be small persin, no 5mil or 10mil here just yet that is Then the money can be used to do the negotiating

Quote from: Allcorrect on Today at 05:48:44 PM
Please which broker do u use easimoni??

Lead Capital

they are my broker as well.

WOW! Checked portfolio, the market looks crazy today, talk about big jump.
NIG-GERMAN is almost 120% from 3 weeks ago, and 10% from 2 weeks ago aaah **slapping myself** I knew I should have bought more last mth. Its inching gradually, and if it continues this way it'll be in a great position for 1st quarter 08 run.
I issued a sell mandate for MBenefits this morning then tried to cancel this evening, hoping I can still cancel it, I'll know Monday, try to ride it for a short while and try to bounce before the PO which should be happening soon.

DAYYYYYYYYYYYMMMMMMMMMM , FINALLY CAUGHT UP WITH THIS THREAD, YA GUYS DOING GREAT JOB IN HERE , OGA FRANK EASIMONI AND CO , I SALUTE YOU GUYS

Zenith securities charges me less than 1% ( 1.62% all inclusive) to buy. I think the commision rate is 1% flat. but you will need to have N5m to open an account.

frankiriri:

Zenith securities charges me less than 1% ( 1.62% all inclusive) to buy. I think the commision rate is 1% flat. but you will need to have N5m to open an account.

Could it be because you are an insider?

easimoni:

Could it be because you are an insider?

I also use Zenith Securties and their charges are 1.62% for buy and 1.91% for sell. However, I'm currently not happy with their services.

Nairalanders yeah,
I bought into an IPO in June and it still hasnt been listed on the NSE ( This SKye Shelter Fund of a thing). How do I know how my money is performing and if it is still alive sef??
What do I do gurus? Contact the issuing houses to ask about info or what?
This na hard earned pepper, !

Vetiva charges 1.5% commission for both buy and sell. Inclusive of mandatory charges
buy becomes 2.435%
sell becomes 2.77%

My broker says I should buy UBA now. Any contrary/ supporting opinions out there?

kingrd:

My broker says I should buy UBA now. Any contrary/ supporting opinions out there?

What reason did he give you for buying now Does he/she have insider jist

koksieboy:

I also use Zenith Securties and their charges are 1.62% for buy and 1.91% for sell. However, I'm currently not happy with their services.

Koksiboy, Can you please say the reasons why you are not happy with Zenith Securities? Cos I am thinking of opening an account with them because of their low commission rates.

this is an open question to the house guys

can one have 2 brokers?

i have a CSCS account and i'm thinking of opening a more risque account with another broker with money i can afford to lose (yeah right )

is this possible anyone?

@ naijadr

yeah i'm in medicine too

aktopgun:

this is an open question to the house guys

can one have 2 brokers?

i have a CSCS account and i'm thinking of opening a more risque account with another broker with money i can afford to lose (yeah right )

is this possible anyone?

Yeah, it is possible. Each broker will have you registered with CSCS separately.

@texas

i'm listening

I have modified my earlier post. I also have 2 brokers.

so i would have 2 cscs accounts?

wouldn't that be messy?

how easy would it be to align both accounts then?

Not sure, but i was reading it somewhere that u can have the two the accounts linked together at CSCS, I think you have to subscribe for that. Let the Gurus come and chip in. U can move ur account to one of them when u are done with ur "stunt" .

stunt, i like that word
the "stunt" as u call it is just really some calculated risks (if ther's any such thing) for end of 1st quarter next year

fellas,

bank phb, definite buy it seems from what i've read so far

any dissenting voices?

gurus, et vous?

Yodi,
SIGNATURE VERIFICATION
Get to your bank and ask for signature verification letter to the registrars.  You may be charged for the letter by the bank i think for postage and the service.  When the banks confirms your signature then the unit will be credited to you CSCS.
Cheers


Full apologies Yodiyokun,
This mail is meant for Mypeace

SIGNATURE VERIFICATION
Get to your bank and ask for signature verification letter to the registrars. You may be charged for the letter by the bank i think for postage and the service. When the banks confirms your signature then the unit will be credited to you CSCS.
Cheers