₦airaland Forum

Born2berich:
From what i observed this morning, it is obvious some greedy top cowboys in the NSE are the ones manipulating the prices to fall down so that they can buy at very cheap prices.

This is very true on some selected stocks, e.g. Oando

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/11038_NIGERIAN_BREWERIES_BOARD_MEETING_CORPORATE_ACTIONS_OCTOBER_2015.pdf

interim div for NB PLC loading.............

Same with Seplat. I think the board is meeting sometime this week.

PETERiCHY:
Some moons ago i said DEVALUATION is the CATALYST that will set the market back on track but some of you termed it a selfish interest.
Now what is happening?

This post is not specifically for The Octopus but the general house, especially the MHs. I hate it when people post statement like the above. What if the opposite had happened? What if the President had agreed to further devaluation and the market continued in the direction of its current trend, would you have come out to say that what you predicted didn't happen? The answer is NO. We come out to make noise only when the market trends in the direction of our prediction. If it trends against our prediction we'll automatically go incommunicado regarding the issue. We need Change!

ukay2:
Good morning stock gurus..
Is Nigeria Flour mills stock good to buy @ N20 or N21 for short to medium term investment?

I recently added this stock to my long term portfolio. It is currently trading at its 5-year low. This could be a good time to enter a long term position on this stock. Always base your investment horizon on a mid/long term. If you get to your target price in a short time you may convert to short term and sell. This way you don't get high BP if the market move against you.

Born2berich:
FO is the real safe haven.

Serious accumulation on that stock. Overambitious Oando suppose go hide e head for inside snow.

Has anyone been credited with FO 1 for 4 bonus?

Oga SWG1, I troway salute from afar.

manie:
My brother please let peace reign, we are here to make money, and the good thing is that money does not discriminate between learned and the uneducated. We should not be fault finders, because a fault finder will always find faults even where non exist. I am not a fan of Pastor Ihe, but I am matured enough to alway ignore him. Pls pardon my grammar and punctuations.

Na wa ooo, NSEMPA. Una no go use laugh kill person. See bashing everywia. From today, if you quote @Ogbs2020love post without including "Please pardon my grammar and punctuation", na u sabi.

BTW, where the Monkey Hunters dem? How business? e don tey small. Costain, Evansmed, Vitafoam (100% & the month of October come to mind). Na joke ooo.

Make una sofili sofili dey mention the millions ooo.

manie:
Multiple streams of income is the best way to build a lasting wealth, get dividends from your stocks, interests on your savings, rental income from your houses, profits from businesses, treasury bills and bond. 15% guaranteed returns on a short term investment is okay, but a dividend yield of 15% is better.

You didn't mention the risks associated with CP.

Yem0350:
www.punchng.com/news/nigerias-economy-could-slip-into-recession-cbn-warns/

Born2berich:
CBN warns that the economy might enter a recession. Lets take note.

Does this mean we can get FBNH @#1.50, Oando @#3.00? Members of Chibu Group of Bear Company, your advices are highly needed here.

Nigerian Stocks and their All Time High...

Princkez:
pls house is oando result out?...

Quarter to.

lancee:
I hope NSE Survives this ..I know some people are not Happy about the slight change , not that they want to buy /or take advantage of the Bearish market

They just derive pleasure seeing the market goin down and people Loosing money .

Are you in any way referring to the papa and grandpapa of bears in the persons of Octopus and Chibuking?

myjoy08:
Sir, your selling order or button is based on your investment/trading decision (...and at what price you buy). Mind you, UBA still have some juicy upsides potential. Today, September 10th is the marked down of UBA in order to qualify for the interim dividend. Goodluck

That was not his question, Oga Buy.

*** Thank God you have edited your post. I be wan start to dey fear you

megainvest:
Smart people are buying. No time!

My company and I are trying to increase our stake in Zenith to 3% by the end of October. So please sell your Zenith today. You can always buy it back when it becomes cheaper

lancee:
Be like say the mkt is adjusting fast

Who re buying ?

Zenith dey perform wonders.

currentprice:
after the did has been done,,,,,, this look like a set-up to me

You may not be far from the truth. Anything is possible in the NSE, especially when dealing with a broking firm with low reputation.

SWG1:
U ppl wanted to enjoy there'll without me. No thanks to Morgan capital that messed up my moves on PZ, Ubacap and UBA cos Im not predisposed to itrade . Now u can't even sell if u buy.

automatic bull trap.

self-induced trap

lancee:
I hope so , Zenith from 17 millon offer to 3millon plus ..who dey buy

UBA offers don clear o. Tony at work...

ogoo4real:
Why this ugly reactions today, everything is on full offer, Afriprud, UBA, UBCAP, Skyebank, Transcorp and so on.

tins go change very soon.

Manonamission:
Please send your mandates by email to Morgan capital.
info@morgancapitalgroup.com copy pelumio@morgancappitalgroup.com

This was what I did yesterday. Goodluck guys but try not to panic too much o

Morgan can't even sell. So even if you send your mandate by email nothing can be done. I called them this morning and they said they can't even sell. They are currently working on it and said it should be up before the end of market. Nothing like Meristem.

Elai147:
It is now working. Check again

I was able to place a sell mandate at exactly 10:34 am but now I tried again and it didn't work. Those that want to sell can keep trying

hbrednic:
The sell side on morgan is not working

It is now working. Check again

FannySwindler:
Anyone got update from Morgan? Probably tomorrow they send us another last minute message saying they are changing from MCSE to CISCO.
I hope it won't repeat itself tomorrow.

GudluckIBB:
I called around 3pm today and a lady told me they are back now and that tomorrow, they will be up.
But I haven't recieved their daily update,

NextProdigy:
iTrade is still down. I called in and was told it should be up by noon.

Morgan Capital always lying since 1807.

debostar:
Is it possible to make use of Morgan I trade to do stop loss.or limit loss?

emmatok:
I have not seen any Nigerian Stock Broker do that yet.
You have monitor and do "STOP LOSS" your self.

Yes, you can set stop-loss with morgan via their jobbing platform (not the Live trading section). However, that platform is not well developed so you may want to avoid using it or use it with utmost care. I have tried using stop-loss with the platorm but my stock was sold before it got to my stop price. Meristem used to have stop-loss and stop-limit but not anymore. According to them, they're currently working on it and have plans to restore it. Meanwhile, you can improvise with the Limit order. Let's say you bought a stock for N20 and want to set your stop price at N18, you may place a sell limit order at N17.10 or thereabout (with meristem). With the +/-5% maximum gain/loss rule (assuming there was no pre-open gain/loss) the stock will only be sold when it trades at +/-5% of your limit price.

manie:
It is very possible considering the ability of UBA to make earning per share of between N1.85k to N2.00 at the end of the year.

Seconded. At least UBA suppose trade above dat yeye elephant.

For those asking for price update you can make do with meritrade. Visit link below and click on Market View.

https://www.meritrade.com

You may need to keep refreshing the page for latest price update.

Missing in Action:

Saibuhari: Perhaps waiting till October before posting. Bros we miss ya contributions biko.

Dumexoga: Once Oando start to sky-rocket we no go hia word again for NSEMPA. e don tey dis my oga ask for Oando current price.

Ucheson2: God help dis my oga and his company if they fail to acquire 3% of Oando now that the stock is trading below their target price.

FannySwindler:
Surprisingly, I have not read anything bull trap...bear bull trap...baby bull trap....today.
I can even see those shouting "....... trap" celebrating their Access and UBA loot.
Lesson: Follow the technique that works well for you and pick up some useful advice from the thread.
For those who give hints....You are all appreciated.
For those who talk from both sides of their mouth...You are also appreciated because without that...some of us will not have been cautious in responding to the market trend.
Learner like me gained a lot in terms of being watchful and patient...while listening to advice. Also portfolio smiles day after day...without loosing a dime.
Am Thankful and still willing to learn.

[quote author=Chibuking81 post=37602984][/quote]Chibuking81 why did you post a blank message? Does this mean we should expect grandpapa or great-grandpapa?

FannySwindler:
Am out of Access now....but will enter tomorrow to be registered for dividends to make my additional profit....Fingers crossed.

Markdown day for Access is tomorrow. You will no longer qualify for dividend if you buy tomorrow.