₦airaland Forum

I was doing the same since 2004 but not anymore....I have learnt some lessons from the crisis..........




[quote author=lancee post=32784150][/quote]

It won't turn to bad stock but just sell when its 30% higher than the price you bought it.......I just don't like the zig zag movement.....

lancee:
Same boat , FBNH move oo , hope this no go turn to bad stock pick

It was not an error and it cost average of 9naira but I bought cheaper which I have already sold......I was actually investing for long term and thats the only stock I know but it seems I am going to follow a different path which short selling and thats how I can make profit..............

Processor01:
1.3M units?!

OK, maybe it was a typo

Last trade was 9.34naira and I am not sure if it can get to 9.50 today...........I don't know why FBNH is not moving fast enough......I hope it can get to 13naira so that I can offload all the 1.3M units in my portfolio.....Its my major stock and I hope to make some substantial gain but I am tired of this up and down.......I am not loyal anymore to any brand except to myself.......

I mean half a million naira from some units of fbnh and Afriprud that I JO........

mercylicious:
U mean half a million dollars?


When u are large......

Just jumped out of Afriprud and made 15.5%.....That stock is reliable than those bank stocks.......I somehow like this idea of JIJO but the bad side is I have more than half a million in my trading account from short selling but I can't really buy anything now unless I foresee an opportunity......

Wise statement......Delay can deny you your profit......

myjoy08:
Sir, the final decision is yours. Sometimes, some decision don't worth delaying . Remember, this is Stock Market!

I am not joking............

presiade:
Learn Africa PLC seriously

So far I pnly buy FBNH heavily and some units in UBA,ACCESS,AFRIPRUD,.........I will like anyone with ideas of similar liquid stocks because I am thinking to expand my scope......There should be more liquid stock out there,I guess............

If your bid was not successful,they have to credit your account with your fund and they can't set your money aside for next bidding without your consent.......Funny story though.......

Gistdutch:
Pple kindly advice. I bidded for last TB on the 9th April,2015. My account was debited same day but up till this morning I didn't get any alert for my interest and I decided to go to my Branch. Upon get their the man in charge said the bidding was not successful and that my money cannt be return to my account cos its been set aside for next bidding. My challenge now is having access to my money for other investment. What do I do cos time is money. I cannt understand why my money will held onto without interest.You candid advice is welcom thanks House

Unless you have insider info contrary to the obvious..............

myjoy08:
No problem sir. Time will tell soon...

No way is not a good buy.........The stock is not moving fast enough to buy it at 5naira but if it can come down again after sometime to 4.50,it will be a good start......

austinibe7777:
myjoy am expecting money by next week thursday. will uba be good to buy at even N5,00?

I just hope they will accept scanned copies....Including old school First Registrars........

Elai147:
It's very disappointing and frustrating that this cannot be done automatically. This is part of the reason why unclaimed dividends keep piling up and SEC is not helping matters at all.

Got it now.......Thanks....

Elai147:
It doesn't work like that. You must inform the registrars to apply the existing mandate to your other accounts with other brokers. Even if you have stock ABC with an existing e-dividend mandate and you decide to buy more shares of stock ABC, you still need to ask the registrars to apply existing mandates otherwise you will receive part of your dividends by post. I had this experience with Veritas registrars when they were paying part of my dividends in my bank account and the rest by sending dividend warrants to my post.

Just called them and they request for a letter instructing them to extend the e-dividend mandate to other firms.....I will do that by Monday....

Its ok,I will have to sort it out.....But is a no brainer since I have been registered for e-dividend and every dividend under my name must go into the same account......



Its

bigjay01:
auto what? tell me it is a joke!

Since I was profile for e-dividend,I believe it should automatically reflects on all the stocks under African Prudential including future purchases from other firms...........I have mailed then and I will have to wait till next week to sort things out........

bigjay01:
If you bought with multiple houses, did you ask the registrars to apply any existing mandate to all accounts for the same stock? if you did and got a confirmation that they have effected such, then take it up with them. Otherwise, the post office is your case!

But am I not suppose to receive all the dividends today because I only get one alert and I didn't get the dividend for other two batches..........

Elai147:
I think it's going to be separately. My dividends on stocks with different brokers had always arrived in batches.

Ok.....

bigjay01:
Bought using different houses, but made sure I informed APR to apply existing mandate to new account

Thanks.....

Elai147:
I think it's going to be separately.

I received alert for their dividend too in my mail.....I will like to know if you have APR shares with different stockbrokers,are you going to receive the dividend in one piece or batch by batch because the one that I receive stipulated something like APR.DIV2....And the amount does not tally with my total number of shares in 3 stockbroking firms......

bigjay01:
APR Dividend has just dropped

Thank you............I hope we all get the best returns in this market..........

Elai147:
Welcome to the world of JIJO where bulls make money, bears make money and pigs get slaughtered.

I have learnt my lessons already in 2008 and I can never loose to this market anymore.....Most of the stocks that I bought are in strong demands and I bought so much quantities when the market was at the bottom and there is no way I am loosing.....I was thinking to hold them for long term like 5yrs but not anymore considering the kind of dividend declared.....So all I will be doing is short selling and at the end of the year my stocks will outperform my fixed income securities which I have invested more money into......Thats just my logic and I believe in so much caution and thats why I will never buy stocks that are cheap but have no strong fundamentals........

myjoy08:
That is good to hear. On the other hand, you have to be very careful with such game

The best thing in this market is to buy very cheap stock with strong demands....Today is my first time JIJO and I got 16% which is good.......It seems I don't need to ever wait any longer,I understand the game now.......

Last time I checked,it was 9.35k.......

9free:
No wonder I no fit see am buy @N9.01 since morning

I just JIJO some part of FBNH that I bought at 7.92 and just sold it 9.30k.......It seems this JIJO is the best thing for this market.....

What the Bleep is wrong with Meristem?......You can't even log on all of a sudden.....

When is the best time of the trading day to sell a stock online?........

6k dividend........

mercylicious:
The exit today mean say ppl don see d result.
Plz summarise d result for us, am still trying to download, blood dey hot.

Very clever guy......No sane King will speak that way.....The king want to be the Afobaje of Lagos through his relative......

0.10K what?....But the bonus is good sha......

My prediction is on point for FBNH as per dividend.....I am very certain about this bank in terms of ethics and professionalism..........