Yoast:

Taking profit from just a single day of full bid after several months of price consolidation? We easily forget that DS/NS were not part of the earlier bull.

People have different entry points and different motives.

Yoast:

I don't understand why so much offers on DS/NS

You dey say make profit takers no take profit?

yMcy56:
What a trading day!!

Oga RabbiDoracle where are you?
Your predicted +10 10% dey happen for market ooo
52 weeks high begat 52 weeks high!
+10% plenty today

78 gainers and 10 losers!
Dang stocks don scatter the ASI

Chai!! No one has taken up intendy's work since he vex commot...

E remain for oga Intendy to come with the proposed long note to update new 52 week highs for the prediction to become 100%

megawealth01:


WOW... How do you see their services... Cool right?

On this thread lots of people use them. I have other brokers but of course I favour Morgan Capital.

In terms of daily market price list and reports, I have to give it to Investment-One. You don't need to download any pdf to view their colourful market report with clear closing prices and percentage gains/losses. They even improved it late last year after adopting a newer model that didn't look good. I guess their core clients complained and they brought back the old interface and improved it. I only have first bank shares bought at around 3 or 4 naira in 2020 with them

Morgan Capital won my heart with their iTrade platform and because that's the first broker someone introduced me to when I was trying to start stock market plays. They were charging the lowest fees too; I think they still do but they increased their initial fees by 50%.

megawealth01:


Wapic and coronation insurance na the same... CORONATION INSURANCE is their new name NOW

So the link has to be an old one. I couldn't see date in the article.

Wapic closed 85k and can't possibly be a subject of 78k buyout at this time.

sonofElElyon:
https://www.thisdaylive.com/index.php/2024/01/14/coronation-insurance-to-delists-from-ngx-pay-off-minority-shareholders

78k buy out price i think

What is their symbol on NGX?

I'm seeing WAPIC on Google. I suppose WAPIC is a different company.

megawealth01:


Are you using MORGAN?

Yes

megawealth01:
Who knows the requirements of investment One and MORGAN for opening accounts with them?

I suppose all Brokers have similar requirements; almost same with banks too.

sonofElElyon:
But I'm curious... why are daar and tantalizers receiving attention despite unimpressive results

Oracle said some stocks would produce bad results but be doing 10 10%

I recall when the likes of Zenith will produce very good results but being beaten in the market.

yMcy56:

Universal Insure

On this bus from 20k

Sold lots at 25k!

essentialone:
If you are here and still using Meristem stockbrokers. I wish you luck. I am totally out from the worst stockbrokers that they are.
100%, I am fed up with Meristem Stockbrokers. ✌️

They gave you a blender na. Endure small. If they are updating their apps now, it means they are changing. They will come good.

Morgan Capital self needs to have an app.

yMcy56:

The banks are still showing resilience......
UBA inching up slowly......30.......30.70.....31......31.65...
ACCESS/ZENITH.......bids increasing......

AIICO surprisingly....

FCMB: from 10.50 to 11 now.........
GTCO @46.95 as at now...,..reversing up from 44
Wapco @39......from 37.35

* Just updates*

*More sell off mid-day*

You go make a good sports commentator

ojeysky:


I beg make hee dey move o...let me see if my little units will travel far...it's long overdue

E don travel already

Lafarge has moved with 3.35; incredible.

yMcy56:
TRANSCORP 🔥
* Profit taking earlier........went as low as below 12....now back at above 13!! ...13.50...

Transcorp people are too aggressive for my liking. Them no wan make I regret selling with Otedola in peace

megawealth01:


International Breweries...

As for delivery... Nwanne develop what works for you... Most times I go for stocks people are scared of staking their monies on

I think by delivery he means your pattern of writing

Yoast:
Dangote sugar one step forward, 2 steps backwards. Na wa o

Was almost on full offer but "investors" are queuing up for it.

I have moved out 80% of UNITY. Thanks to oga Customstreet.

The remaining 20% can wait for Providus Bank.

sonofElElyon:


Ah ah... yss. You keep records. Sold it on the floor

Alright.

sonofElElyon:
.
No basis for that in my humble opinion.... eps vis a vis price is my consideration

Well, the analysts have their yardstick too.

Did you succeeded in selling those quantities you wanted to sell at discounted prices?

KarlTom:
For those interested in Insurance stocks, here are the top 20 (listed on the Exchange) according to Atlas Magazine (April 2023)

So Universal Insurance is above Regency? Make I hold this stock for longer

Meanwhile, DangoteFood (no typo ) moved to 68.95 early enough today.

Providus Bank needs to communicate how much they're paying for UNITY shares

Emndy:


MM will do their work around 2/2.30pm

Already moved at exactly 11.47.56am

ojeysky:


The idea that what happened to bitcoin will happen to many other cryptos is a dream that may remain a a dream. Not to say trading crypto can't be profitable but investing at intangibles like crypto is always a gamble.

So true.

Some crypto projects also are exactly fraudulent.

netotse:


Someone said it was closing at 12.30 today, I think it was Ymcy56

I see

They even sent emails to that effect. I just read them now.

Did market close earlier or is Morgan Capital having problems?

Jonwest:


WhatsApp won't be bad oooh

Nairaland is irreplaceable, virtually.

One of the most important features that make it stand the test of time, especially for threads like NSEMPA, is the near anonymity - "faceless forum" as we call it.

Plus there's almost no moderation. Good for some people to air their logical opinion, bad for people who come to abuse.

WhatsApp is tied to mobile numbers, so poses more privacy risk than other competitors. I think Telegram and discord can try but nairaland has no rival.

I searched for NSEMPA on Telegram and couldn't see, so I created one, with below link. It might work or not. Only created it as alternative for good old NSEMPA.

https: // t. me/nsempa_ngx

(If anyone else has one that already has members, I should probably shut this one down)

Testing

casualobserver:


I would never advise any landlord to allow a tenant to install solar, talk less remove. Too much Incompetence and story telling in our environment.

Existing tenant no chance at all, if you don’t like move out. New tenant let them know before hand that solar on the roof is not allowed.

I won’t even allow a tenant who says he will leave it when he leaves. Nigerians are not honorable people. The same tenant that you bent over backwards will come with one story when it is time to pack out. Or he will remove it without you knowing and start with Nigerians’ favorite phrase…”sorry don’t be annoyed”.

It’s the quality of the installation/uninstallation plus the likely hood of honoring agreements… too many points of failure/damage/stress…...not worth the hassle.

Most Nigerians don't honour agreements nor do they care about it, especially if they are not the ones protected by it. Everyone always has the propensity to take advantage of the other, at every given opportunity!

ositadima1:


I'm unfamiliar with Oga Meshpips VAP. However, VWAP is a widely used indicator easily accessible on most charting platforms and software. It's a straightforward calculation that averages prices weighted by volume, typically over a day. VWAP essentially indicates the price level where most of the trading activity occurred, simply an average price.

Oga Meshpips did some recommendations here that worked. He recommended Guinness to me which I sold hastily for liquidity reasons.

I recall he had some bet (no money involved) with RabbiDoracle and did acknowledge defeat when Oracle won.

Shoutout to Oga fxuser too.

Redoil:

and when it become profitable they will then buy out the minority shell holders for pea nuts Save the screenshot and the date. If God wills it, we will discuss this further in 2025

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