₦airaland Forum

yMcy56:
Just login to the website thru a browser.

https://itrade.morgancapitalgroup.com/

https://itrade.morgancapitalgroup.com/customers/wa/

Thank you so much sis

yMcy56:
Q1: Morgan did not have an App, but you can fund your account from your Bank App and it will be credited to your trading portfolio in minutes, without sending any mail.
* Just ensure to always quite your CSCS number for any transfer or deposit made.
* To make withdrawal, simply login to your Morgan Capital portfolio and click the "ATM -Withdrawal" button on the drop-down menu......fill the amount you wish to withdraw and submit. You'll get your fund into your bank account before close of biz same day.......the rule is that, you cannot withdrawal same day you make sales.

Q2: Brokerage commission is still 0.50%. Remember there are other fees aside broker's commission.

Q3: Yes. You can use same CHN

Q4: No. Morgan does not offer margin facility for now.

Please for the bolded, how then would I have access to real-time online trading if they don't have an App?

Good Afternoon All. Please I've decided to open a 2nd STB account with Morgan capital. Already filled out the form and provided the necessary documents. But I want to confirm some things.

1. Can I fund my account via their app and withdraw same without needing to send mails for my mandates to be executed or I'd have to credit their bank account for my trading account to be credited manually?

2. The Brokerage commission, which is the major incentive for my opening an account with them, is it still 50 bps (I was told it was 50bps last year when I made my enquiries)?

3. Will using the same CHN on my first account help with consolidation should I decide to buy shares of one company in both accounts? Especially for dividend purposes?

4. Do they offer margin facilities?

I'd really appreciate responses to the above. @yMyc56 abeg help me

Sunrisepebble:
Its N2.00, check the financials well

Okay. Thank you

Picky1:
Did you notice this: An Interim Dividend of 2.00 (One Naira Fifty Kobo) per ordinary share of 50 kobo
Hope this is not confusing because I want my complete div o...

You sure say no be 1.50 dividend? Because it's more likely that the error is on the figures than words

MARKETJJC:
Senior! Point of correction, it is no longer 19mil but 30mil and still counting ..

I will put 19mil you asked for if you will put you trade history on Oando here at least one year. I am game on this one, please appoint arbiters

Inukwa

GeeKudi:
What is AFS?

Audited financial statements

lancee:
Uba paid 50k inter div last yr ..,Think Zee paid 30k
Hopefully should be more than 50k

50k as well

megawealth01:
Will uba pay #1?

90k won't be bad if they can't pay #1

yMcy56:
ZENITH
Corporate Action.....
Interim dividend: N1.00
Qualification Date: 13th September,2024
Payment Date: 20th September,2024
Nice one from ZENITH ...

https://doclib.ngxgroup.com/Financial_NewsDocs/42085_ZENITH_BANK_PLC-ZENITH_BANK_PLC__CORPORATE_ACTION_CORPORATE_ACTIONS_AUGUST_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42084_ZENITH_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2024.pdf

Chai Odogwu Zenith... UBA oya follow suit😘😘... With this I'd definitely take up my rights with Zenith

MadmaxX489:
Zenith bank NGN 1 naira interim dividend. 🙂😎

Mad oooo

KarlTom:
So I asked ChatGPT:

Yes, you can sell OANDO shares that you bought on the Johannesburg Stock Exchange (JSE) on the Nigerian Exchange (NGX), but like with SEPLAT shares, the process is not direct. Since OANDO is also dual-listed, you would need to go through a cross-border transfer process to move the shares from the JSE to the NGX before you can sell them on the NGX.

Here’s a general outline of the steps:

1. Initiate Transfer: Contact your broker to initiate the transfer of your OANDO shares from the JSE to the NGX.

2. Registrar Coordination: The company's registrar will handle the cancellation of the shares on the JSE and reissue them on the NGX.

3. Settle and Sell: After the shares are reissued on the NGX, you can then sell them through your broker on that exchange.

This process might involve fees and could take some time to complete, so it's advisable to consult your broker for detailed instructions, potential costs, and timelines.

Like an arbitrage trade, buy low in one market and sell high in another. I'm not exactly sure how it's done but I know it's possible. There'll definitely risks involved (foreign exchange risk for example)

KarlTom:
Me sef wan confirm.
I dey come...

~ I don't think it is allowed

Really? How come we can buy Seplat and Airtel from LSE and sell on NGX but not JSE?

Wait fess, shey I can buy on JSE and sell on NGX?

Ofeakwu please 🤲

LilNetty:
At the moment there still a conflict between my family and theirs as regards wedding date. They are insisting that the family of the bride will be the one to pick the wedding date.

It's a no-brainer

yMcy56:
JAPAULGOLD full bid @2.72..
ETERNA full bid @25.40..........pullback here..
OANDO full bid @57.85..
VERITASKAP full bid @1.51...
McNichols full bid @1.18...

JBERGER full bid @143 ..up with +10%
OKOMU @417....

No be small thing oo

** Do not take as any form of advice....just posted what's happening in market.

I just dey imagine say na all this stocks I get... Chai! Imagination wan wound me

Willie2015:
Yea...
They sold ...
and re entered as sentiment improves..

how do you people know this things?? I thought it's usually "confidential" except it's disclosed on NGX

Willie2015:
2 more ...

even better

Finally, TPower don drop. 1 more time please

Raider76:
I think SEC and NGX need to meet with the CBN on the timing of CBN's approval of banks' results. The delays are making nonsense of market regulations. The banks need the market to raise capital. CBN should know this and help banks meet market regulations.

CBN really need to do better

CBN should be fast with their protocols so that banks' results can start dropping abeg... This market needs a little ginger

ositadima1:
Lol, because u dey inside, abi?

It's part of it even though na small. Contemplating on whether or not to add to it

ositadima1:
Transcorp's 2023 Free Cash Flow to Equity (FCFE) per share was 0.93 (please do ur own calc. here), and they are paying out 0.2 as dividends. It's important to note that FCFE represents the free cash available to shareholders after all expenses and reinvestment needs have been met.

When I plugged the 0.93 FCFE into my Monte Carlo simulation, it produced a valuation range of 11.98 to 24.13. Based on this FCFE analysis and discounted valuation, I believe the stock is undervalued.

I would target a mean of 17 naira.

Make I be your student na

emmanuelewumi:
You can then use the return from the investments made to

1. Upgrade your lifestyle
2. Marry a second wife if that is your wish
3. Paint the town red
4. Change your car
5. Get that chieftaincy title
6. Go to Jerusalem or Mecca.
7. Have that vacation you been dreaming off
8. Pepper your enemies

As much as possible make sure you don't touch the capital, rather you are growing and compounding it

Just received my Transpower coins

Sugar people help us push salt abeg🤲🌝

Mfunkynation:
Come and beat me now....
I am passing an information...
E don cast

🌚🌚🌚 Dividend dey to use hold body

Mfunkynation:
Zenith is heading to 30....
H1 not looking good

If na joke bros abeg stop am

emmanuelewumi:
Are you not happy that you can load more at a cheaper price

I'm kuku secretly praying for it to happen so I can join in ... Make una no stone me abeg

emmanuelewumi:
Presco don cast

😂😂😂😂

ositadima1:
Chai, Upper cut!!! This one pain me ooo. If na me eh I won't take it oo, this upper cut too much.

Stop adding fuel you this guy🤲😂