Mcy56:

That does what actually?
Think what he implied there was this: that there's no need selling Zenith to buy GTB because if GTB moves, Zenith will also move........and vice versa.
UBA and Access....... move together most of the time too......
When the 4 move, Fbnh will also move......

* Another set is fidelity and fcmb....

So if you see a big gap btw the pairs, just know they will find a way to close the gap, either up or down.

** My bosses may have different view anyway and......it's not a rule.

Mcy56:

The price didn't fall, there wasn't just a block move of 100k units to move the price up ni.
Pastor, this is just the disadvantage.....it has its advantage too. By the time it goes up and they're selling at day's low but the price remain unchanged, you'll appreciate the rule.
Do you think Nestle wouldn't have fallen far below where it reversed if not for the 100k rule?

Northeastern:


you just helped the broker and not yourself. Zenith and GT move together, so, selling one to buy the other on the same day makes no money-making sense.

Welcome, you'll only grow from here. Everyone was once a rookie.

Coolcash1:


Their charges are too much. It will erode little profit of the 10% geng....

Sholapey:
ibadan

Sholapey:
I bought one last two month and another one came up 3days ago but I already left 9ja. The property is worth 60m thou but it's now on the market for 35m

yom2:
have u people started picking ur calls promptly? And I don't have to wait indefinitely on the call listening to ur jingles while my call credit goes to waste. And I hope I can now cancel mandate during trading hours and don't have to wait till 4pm? And I hope I can buy immediately after sales and don't need to wait till market is over before value reflects on the screen?

RabbiDoracle:


It is a printing press. Paper no dey finish.

Additional $2.3trn. There will be severe dollar weakness. They will flood the money worldwide. EM currencies will appreciate, stocks will boom. Over boom o.

onegentleguy:


We shall look in to review how smart he was later !!

I have since said that people should HOLD on to their stakes in WAPCO and UACN... and ACCUMULATE more if possible.
...Something good is happening !!

It is well.

kintus:


I think those Morgan guys are not serious.

I have sent a mail to them requesting for account opening form, yet no one has responded.

Please, is there another way I can go about this?

I already have *a Chaka* account but I can't do much on it. Na online something and I don't want stories that touch.

Mcy56:

Crossing, by my own understanding is when brokers trade within customers accounts by just moving certain number of units of a particular stock from one customer to another, maybe one customer wants to sell another wants to buy, they just cross it without bringing it to the floor.......but all transactions must passed thru the NSE engine, that's why we sometimes see high volumes being crossed on the engine e.g. the 61M units of GTB crossed yesterday.
* Also, the crossing could be from one stockbroker to another.
That's what I know.

RabbiDoracle:


The low seems to have passed. All it needs to do now is to stay up at a level. Most stocks worldwide are doing same. The wealth transfer has happened.

So na to siddon inside plane and be reading newspaper.

The money printed worldwide must enter NSE. A friend showed me the loan that his banks are offering him. It was at 0.01% per month. This is a wicked money. Money that can cause excessive price rise.

onegentleguy:


Me gov't ke?
...Abeg oo bros. No come talk the one wey some persons go begin look for me to kidnap oo.

I am just a small fellow, who lives on the same minimum wage u know. ...I have not even be paid for the month of March(2020) sef.
I hope to get a better job in future though. ...Pls do u know of any available job application?


Regards

onegentleguy:


Me gov't ke?
...Abeg oo bros. No come talk the one wey some persons go begin look for me to kidnap oo.

I am just a small fellow, who lives on the same minimum wage u know. ...I have not even be paid for the month of March(2020) sef.
I hope to get a better job in future though. ...Pls do u know of any available job application?

We dey your back, nobody fit kidnap you....stay humble sir

Regards

Mcy56:

I replied your mail since day one but you never get back to me.

Full bid means buyers wanted to buy a particular stock at the highest price trading for the day but there are no sellers.

Mcy56:

The crossings created panic but they'll move the price once they're done.......moneybags at work.

onegentleguy:


https://m.guardian.ng/business-services/business/federal-government-affirms-deregulation-says-no-resort-to-fuel-subsidy/amp/

FEDERAL GOVT AFFIRMS DEREGULATION, says NO RESORT TO FUEL SUBSIDY.

• Govt to take position as OPEC meets

The Federal Government yesterday, affirmed its resolve to deregulate the downstream sector, stating that the country would no longer resort to subsidy or under-recovery if oil prices regain momentum.

If the government follows through the plan, Nigerians would begin to pay cost-reflective rates for petrol, using PPPRA’s monthly guide to NNPC and marketers on the appropriate pricing regime.

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, in a television programme monitored by The Guardian, yesterday, said the Corporation would just be another player in the downstream sector.

He said: “As at today, subsidy/under-recovery is zero. Going forward, there will be no resort to either subsidy or under-recovery of any nature. NNPC will just be another player in the market space. But we will be there for the country to sustain security of supply, at the cost of the market”...

Agenda 1 and 2 enforced. 3rd remaining.(see post above)
Our leaders really need to carry on with that 3rd part.
Then I shall begin to believe that they are making plans for a better tomorrow.
It's important to highlight that these moves are coming a bit too late. ...but better late than never.
More needs to be done though !!

I believe that the dual 'economic evil' of covid-19 and oil price slump will make most world leaders to sit up and seek ways to better their country.

Selah

IamR:

I am the one. There is a lot going on that we don't know yet. I can't even get the money until a month's time, something that used to take 72hrs.

Beware of Eurobond!

IamR:
Guys, please stay away from Eurobond for now. My capital is now -9.8%.

RabbiDoracle:


Oil needs to rise based on the charts o.

However, there could be surprise turn of events that will favour that.

RabbiDoracle:


When it was trading at N11, I told guys on a watsapp forum it will get to N4. They came for my head

4.90 and 4, wetin remain.

There is a strong positive divergence on the stock. But what news will move it higher is what I don't know.

Currently their result isn't OK but don't be surprised if things change which could be a catalyst for if to fly.

Breweries stocks have really been ravaged and at current prices, it seems to be a strong buy.

Recent all time high declines in brewing sector.

Imagine NBrew from N193 to N26. This is 86% decline in price.

Then Guinness from N281 to N23. This is 92% decline in price.

IB from N69.40 to N4.90. This is 93% decline in price.

I can't shout o.

CashDiMkpa:




Just go back a few pages. Plenty of specific stocks and sectoral recommendations there.

Are you aware of the statistics that says those who rely of stock tips for investing success hardly achieve their goals?

SaintUlot:


My friend who i advised to invest in dollar/eurobond fund got pissed off when he got to know that he would be charged 300usd+ to make transfer from his dorm account. He exclaimed : "300usd+ transfer charge on a dollar that i bought @ the rate of 360? ,nope, kolewerk" If united capital and fbnquest had accepted he make cash deposit instead , he would have withdraw and make cash deposit because it ll cost him just a charge of 10usd to withdraw and deposit the said amount. But with the transfer he was asked to make, the money would be sent to an intermediary bank in USA 1st before the money will now hit united capital/fbn quest domiciliary account in Nigeria. I don't blame my friend though, because if i were to be in his shoes would have done the same, when i know quite alright that if i want to transfer naira conversion of such amount to naira mmf, i won't be charged more than 50 naira by the bank to make such transfer. The difference btw 50 naira and 300usd is too much.

yusluvad:
please can it fly for 25k sir

yusluvad:
Is hot 7 pro still available

Just2endowed2:


Hey, you pm me.

PETERiCHY:


@billtommy and BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:


The LEAGUE is coming to an end and FINAL MATCHES are scheduled to take place in MARCH/APRIL.

As a NEWBIE its better you keep your 1M or invest in a POULTRY business then use part of your profit to join in next season come NOVEMBER/APRIL.

Else you are PRONE to INJURY that might lead to SURGERY.

Thank me later.

*ThE OcToPuS*

deleson:
If you’re interested in buying dollars, do contact me.

Physical transaction is possible in Lagos. Transfer to dom account is also possible.

Escrow/Arbitrator are welcomed.

Only serious and legit persons, please.