BuchyD:
You are displeased cos you're not getting premium service. Others are OK with them cos they are getting what they want from meristem.

No need to sound like the others are dumb for not complaining like you.

ogawisdom:
Which app is the best to buy and sell Nigerian stock

stcool:


No need to overflog this issue. Just pick a new broker and visit or reach out to them via email to open an account. Tell them you want to move your portfolio from Meristem, they would give forms to fill and you may possibly be required to write a letter authorizing that. Your new broker knows what to do.

Boshins:
People who don't take risk don't make it BIG in the market......Do ur home work and take CALCULATED risks....I bring good tidings...

seyisanya:
There is an African proverb that goes: What an old man can see sitting down, the youth cannot see standing up. If you were in the market around 2006/2007, then you'll better understand your oga's point of view. Remember that in a bull market, everything goes green. You need to remain cautious and never let your guard down. Humility is a virtue!

Akpaamunsi:


Join chapel Hill Denham,and you will never regret it. Chapel Hill also offers you a platform to invest on bonds, short term money markets, dollar portfolios and rest. Try them and appreciate me with a bottle of champagne.

stcool:


I have been using Meristem for years now and have not had issues with them. They resond to my emails promptly, so you would not expect us to say otherwise. Before the recent migration to the new trading interface, i have never had an issue trading onlne.

Infact with the issue yesterday due to the migration, all I did was send an email with a price and they sold yesterday. If the platform did not work yesterday, it is understandable due to technical issues, and did you explore the option of sending an email.

Sometimes, I send an email and if i have delayed response, I call the CS and it gets attended to immediately.

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

Mills55:
Please Oracle you need to come back from the Caribbean Beach. The holiday is over. We have really missed. I remember your pointers that came through, which I'm one of the beneficiaries.

We miss your analysis and Peter your friend with his meme. This place used to be fun and business as well.

IYGEAL:


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%.

IYGEAL:


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.

IYGEAL:


Yes

IYGEAL:


What is their symbol on NGX?

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

MeezPat:
U dey para o...shuo

Boshins:
The truth is some of these 'ogas' r not really making money from the market... knowing too much' sef na problem.. na so one of 'my oga' will be telling me...don't buy penny stocks, they r too risky, they r this, they r that...he is still struggling to make enough for himself......Too much Analysis...

IYGEAL:


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

emmasoft:


Requirements for investment one

Passport photo
ID card
Utility bill not older than three months
Ur signature.
You can click the third link on my signature to open account online.

Locotrader:


You self na where belly face.
When a worst stock is doing well you dey in.
When a good stock is doing well you dey in.
I am beginning to see you as Audio investor or Bet naija player.

Locotrader:


I have never seen any serious input or recommendations from you whether good or bad for a very long time now except one time I applauded you for the first time on your input.I will be happy the day I will begin to make use of your knowledge in this market.You only keep your wealth of knowledge for yourself and criticize the little contribution from those who feel to share freely.

If TIp and Japaul is a candidate of school fees, your Gt bank is not left out.

One by one, this market will humble our top ogas and they go begin learn from the boys.

Agbalowomeri:


A candidate for school fees

IYGEAL:


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.

stcool:


Thanks Oga Emma, I not invested in Transcorp hotel, just saw the news on Nairametrics. I am even planning to take out my capital from Transcorp at this point and let the profit run. The rally on Transcorp & hotel has been great!

DrAwo:
In bull markets, everyone becomes an expert...

Selah...

emmanuelewumi:



Be careful. Transcorp hotel made a revenue of N31 billion in 2022, assuming Transcorp will make a revenue of N50 billion in 2023.

At a market capitalization of N1 Trillion, that is at a multiple of 20 compared to the revenue which is on the high side


Even BUA foods at the current price should have a market capitalization/ revenue of 10 which is high..

Price/Sale ratio of 3 and below is better depending on the industry the maximum should be 5.


At a Price/Sale ratio of 20 for Transcorp hotel, it will take 20 years for payback assuming all the revenue was used to buy the company. The current PE of Transcorp hotel should be more than 50.


Enjoy the ride but don't be caught unprepared.


It is advisable to invest with figures

ingenuity2014:


Dede Ndewo Sir. Thank you very much for being a good man who is genuinely interested in lifting others and watch them rise along with you. I just started observing NSEMPA from last November and was intrigued by your track record of success here. I followed your advice then, bought a few units of Multiverse at 4.81 and watched with amazement as it skyrocketed to 24.7, I sold off some and the rest recently at 16.5. Then I bought Japaul and Tip at 1.25 each,and I'm watching my portfolio grow once more. I don't know how you do it, but jide nke iji. You're doing well Sir.
Thanks too to all the elders, analysts and commenters here. I'm learning a lot from here.

stcool:
Transcorp hotel crosses N1 Trillion maket cap

aj8:



Wouldn’t make sense joining now. The idea is to buy when there is a dissociation between EPS/DIVIDEND PROJECTION. With a 2024/2025 FY organic EPS forecast of above N9.00, UBA shouldn’t play below N36.00. ( i.e 9x4 =36) . Range is however N36.00-N45.00 based on my calculations of price of N(x4 -x5 of FY EPS) range. Assumption is that dividends do not disappoint.

Please note. The FY 2023 even if 19.00 will not be organic, though may fuel sentiments to push the price way higher.

Historically, it would be wise to sell once the first weekly before the earnings in 2024 go red to buy back at a much lower price unless you wish to hold till dividends.

Locotrader:


Strong Q4 loading.
Strong bids ongoing.
100% done and dusted already counting from #1 entry price ooo.

TIP On the way to 200%