Yem0350:
The likely problem is that you have pending buy orders

Thanks.

Josh121:
You can make purchase after your units have been sold . If you are using meritrade but I don't know about others

Nice one .

Dragonking: I thank the people that sold their transcorp shares..the bus is now lighter and ready to blast forward.. you will board this bus at N12 ticket fare

T+3 ,chai God dey,I mean they have to wait for 4 days to access the proceeds of their sale ,by the time the fund is available Transcorp is already selling for 6.10 Naira.

Transcorp is now selling for 5.70 Naira. 6 Naira here we come.

myjoy08:

Sir, I think it is the way the system is designed based on my little experience with real time trading. Take for instance, if you have 500,000 in your account and you trade 420,000, it means you have to wait for the computer to programme it into your house account before you can placed another trade. You can't place another trade immediately it is executed but wait like 20 minutes before it settled, and you can use the remaining 80,000 to place another trade. It is not something to worry about at all. I hope it help?

Thanks.

Dragonking: I thank the people that sold their transcorp shares..the bus is now lighter and ready to blast forward.. you will board this bus at N12 ticket fare

Unable to buy @ 5.50.

Please is there any Morgan Capital geek in the house. My challenge is that the itrade will always claim insufficient fund before I exhaust my deposit ( basically it will not refresh until the close of business) ,is there any way out? Note: I should have contacted their customer service ,but it seems those guys there don't know what they are doing. It does not take the shine away from the fact that they are truly a real time trading platform,they just need to work on their support service for their customers.

myjoy08: Hello Family, don't be surprised to see the announcement of Oando's completion of COP deal and released of 2013 Audited results at the same time. Not far at all, at all(in a twinkle of an eye). It comes like a surprised in the end...(Please for the sake of God, not a buy or sell recommendation as you are free to await for any projected junction price you assume). And as for Transcorp, it follow suite of the moving train (Institutional Investors already taken over the stock)

Good luck.



Remember, your DUE DILIGENCE IS EXPECTED.

For the faint hearted time to run.

wonder3: Pls wat is transcorp trading nau on the floor?would it drop further......

Currently trading @ 27.95-27.99,it seems to be a fair deal.
Not a buy/sell recommendation.

dsonofmaan:

try N28.06. Worked for me dis morning

Got some @ 28.05 & 28.10.

nitrogen: Oando should come down soon.

Anyway, me dey wait for #22 junction.

Can't get my order filled @ 28 Naira ,na waooo!

Aks: Conductor sha, i sold the first tranche at N5.68 and finally dropped the remaining @ N5.50. i don try small, i'll mop it shortly if i see it on the floor @ my 'envisaged' price. I foresee it dropping in the next 2 trading days b4 picking race again

I have 45% ROI on my Transcorp and I'm still buying. Transcorp is reaching 8 naira b4 year end.

Dragonking:

Oga you be real chairman oh. Na dobale mode i dey. permission to stand up sir

Sir, to tell you how much respect I have for you people,I sniff around for info on this forum,though hard to get ,but I've learnt to read in between the lines.

Michael11stock: TRANSCORP IS FINDING IT DIFFICULT TO BREAK THE RESISTANT LEVEL SO IT IS YOUR DECISION WHETHER TO KEEP OR SELL

The decision to exit from a stock depends on your ability to withstand pressure, the theory of flight and fight come into bear. This year I sold my Oando @ 20naira,custodian @ 2.75 kobo and continental re @ 1.10 kobo, confirm there current prices to appreciate the point I'm making. I got the Oando season film script right ,but my nerve failed me ( still made substantial return on those stock). Now,Transcorp and Oando are stocks that I'm loading on a daily basis because they can never go wrong. This is not a buy recommendation ,please do your due diligence.

myjoy08: Hello My Brothers and Sisters in the Lord,

I hope everyone enjoy his or her weekend with family? Our expectations for this week remain bullish and will believe that God is merciful enough to grants all our good wishes into fulfillment. Keep striving, keep fighting for what you know to be right, keep the light of God in your life burning, don't faint, don't quit, don't give up, the good Lord will surely help you in your journey and he will never put you to shame. The Lord will be our light and redeemer in every steps of our way...enjoy the rest of your week and don't give room for discouragement in your life. Keep trusting in the good Lord...surely you will get there.

Below is my top picks for the week...God bless you all.

Sterling
Transcorp
Fidelity
Cileasing
Skye/International energy Insurance
Oando


Remember your due diligence is required. Best of luck.

I am into all with the exception of sterling, cileasing and IEI.

13 Nigerian banks among World’s 1000
Posted: 06 Jul 2014 06:02 PM PDT

Thirteen Nigerian banks have been named in the list of 1000 top lenders across the world.

According to The Banker magazine of the Financial Times Group in its 2014 report on banks released on Sunday 6 July, the Nigerian banks attained this feat for the second year in a row.

The Country Representative of The Banker Magazine, Kunle Ogedengbe, listed the 13 banks that made the ranking, which according to him, is based on Tier-1 capital, as Zenith Bank, Guaranty Trust Bank, First Bank, Access Bank, United Bank for Africa, Fidelity Bank and Ecobank Nigeria.

Others are: Skye Bank, First City Monument Bank, Diamond Bank, Stanbic IBTC Holdings, Standard Chartered Bank Nigeria and Union Bank of Nigeria.


Zenith Bank MD, Peter Amangbo

Zenith Bank was ranked top in Nigeria at 293 position while Guaranty Trust Bank was placed 415. First Bank and Access Bank were ranked 424 and 532 respectively. UBA was listed at 539 and Fidelity, occupied 622 position.

The Banker said the profit on capital of three Nigerian banks that are not foreign-owned subsidiaries increased. First Bank’s profit on capital increased to 25.32 per cent from 25.13 per cent, Access Bank, from 21.19 per cent to 21.24 per cent and First City Monument Bank, 15.77 per cent from 15.07 per cent.

The magazine said the share number of local banks that made the ranking “underlines Nigeria’s number one position in Africa, as no other African country had up to 13 banks in the Top 1,000 World Banks”.
Source: Pm News.

securi: Just thinking aloud, is my portfolio still viable?
Access hoping to exit at N15
Oando
Fidelity (heavy)
Eternal (heavy, reason why I earlier panicked lol)
Transcorp
I pray smone confirm they are still viable o

We have almost identical portfolio,the only exception is access.

Portfolio reconstruction underway,it is sink or swim with Oando and Transcorp, I had sleepless night till I obey the divine revealation from above.Planning short term hold on Eterna.

Good to be back in the forum, thanks oga stockbull for authenticating my status. Please can anybody trading on Morgan confirm why it didn't work on friday.