₦airaland Forum

That is because I thought I was buying a stock, only to find out that it is a stuck.

presiade:
You called it “stuck”, but you’re complaining of being stuck in it. You already knew the answer beforehand. Na joke oh. I wish you a quick recovery.

That stuck is worse than Oando and Access put together. Last I checked I was on 44% loss, the one I should sold to buy it appreciated by 10-30% increase.
For some weird reasons I thought it was in the same leagues as UCAP, learnt later that it was an insurance company.

Digitron:
Abeg, wetin dey happen for Veritas Kapital?

From Israel to US to Nigeria to Iran. If you check, the initiators of the discuss are the same, then eventually, they drag other unwilling partners into the discuss.

Nairaland has a very robust politics section, I wonder if they are not aware.

Jaakay:
From politricks to geography, in a stock market forum. I just tire.

I have passed the stage of just wanting to make money... Dangotte


https://www.youtube.com/watch?v=2tqW6a5tWoc

Since I expressed concerns earlier, it is also only fair to announce that I transferred to my account this morning and within 2 hrs or less, the money reflected.

ojesymsym:
This morgan issue is getting more serious by the day.
Someone mentioned not too long ago that he believes some of his shares were sold without his authority. Sounded strange but this here is looking like a similar scenario.

Is this not another name for thiefing

Abi if you carry person thing without the person knowing, wertin dem de call am?

megawealth01:
BREAKING: The U.S. is taking "millions of barrels of oil" out of Iran every night, President Trump announces.

"I'm going to tell you because they just figured it out. So now that they figured it out, I can tell you it was very hard for me. I wanted to say it so badly."

"When it's over, you will see oil drop to where it was before."

I told you all yesterday that Trump na AREAFADA

This morgan issue is getting more serious by the day.
Someone mentioned not too long ago that he believes some of his shares were sold without his authority. Sounded strange but this here is looking like a similar scenario.

4willer:
It was requested for but the CSCS records showed nothing. But there were proofs that purchase of the shares was made, from receipts and printouts.
The shares showed on their website from the time of purchase (two years before)...until it was deleted a couple of months ago. Since then it has been hide and seek from them.

You do not think Fidelity will pay too?

Wahala de be that o

emmanuelewumi:
Yes, as I said Access Bank won't pay dividends.


Access Bank and UBA are in the same WhatsApp group.

Watch out for what might happen to other small banks like Fidelity and FCMB

Is this stanbic?

machine606:
I have been observing some strange things on NGx weeks now.
Today, I currently have a buy open oder on presco at opening price placed at about 9:40am. Price is down about 1920 now yet my orders aren't filled

To be fair to him, I think that is his style of passing his message across. That was what he did with mecure, which apparently turned many people off only for mecure to later be doing appreciation with a large returns, even though experts did not see the numbers to back up the appreciation.

ghm:
I am just curious, were you paid to promote this company?
I asked because I saw it was being posted daily, even on weekends, I thought if you were not paid, posting it only once would be just fine and enough!

Which AI generate this image and got all the spellings right?

Mankind2024:
****

I am not convinced.

Modified
Okay, I just read his sequence and my conviction has increased to like 55% but...

KarlTom:
It flew over your head

Exactly... They are throwing the monopoly word around just to mask their real bolded emotions.

KarlTom:
Reading between the lines, I detect a tone of envy/bitterness at DANGREFINE.
We should be grateful, Alhaji decided to brave the odds.
Now MANY refineries are in the works (some at 75% completion).

Stop abusing the word MONOPOLY!

What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

chimex38:
I think to pacify you and others,
Nigerian Senate should enact a law that nobody should venture into a new business in isolation..
If there are not up-to 3 to 5 competing entities and above venturing into any niche and risky unique production venture to help the population.

We should rather not have that production in the first place.. All industrialization and production venture halted for lack of competitors. Even when the venture is risky and the "monopolist " isn't guaranteed to succeed, no single person or entity should be given approval and support to undergo what will improve benefit to the nation from the statusquo for the sake of "monopoly"

Yes..lets use our hand to stall our growth and industrial development in new areas so that we can pacify the "monopoly" crew.

Europe will be like "Who send Trump and Israel this kind war now". If this war persist and and oil prices continue to rise, the price of gas will increase, heating during winter will increase, God help any of them that has an election this year, the electorate will just pour out their frustration on them for something that they did not cause.

Human nature is really very fickle and emotional.

Your initial statement made me go and do a quick read up of Judah and Israel.... It turns out that the Southern Israel which is where Jesus is from mostly referred to 2 tribes (Judah and Benjamin) out of the 12 tribes of Israel and that Judah holds the other 10 tribes.

If my understanding of what I read is correct then present day Israel is operating mostly from a section of olden Judea whereas the Southern Israel is the disputed part that the Palestine are staying in at the moment.

SonofElElyonRet:
Historically Jewish towns such as Bethlehem fall within Palestinian territory but Israel didn't make a big deal of it. There's also a mosque standing where the temple of Solomon used to be in Jerusalem but Israel has not demolished it and has no plans to do so

If politics had enough power to move Oando, it would have done so in the pass 2 years. If Oando wants to move it will be purely on any of the factors that also move other stocks and not political influence

This is a serious one o.... Also sounds strange...

Because I know I have heard that in those days of analogue some stock brokers used to buy and sell client shares sometimes with the hope of making a few bucks in this era of digital, is their really anything to stop a disgruntle staff from also clicking one button and selling a stock without authorization?

With all these complains, the best advice I can give anybody that the money you have there should be used to buy shares immediatelly rather than leaving it idle there until all of these complaints reduce .

Hajicairo:
I strongly belief that was what happened. This was evidenced by the transaction history sent to me by CSCS.

I think it is now safe to declare Morgan as a Company of Particular Concern (CPC) following the growing list of complains recently. Things we use use to take for granted with them before is now seeming like rocket science to them.

If I understand you, you are saying they may have sold some of your stocks without your authorization.

Hajicairo:
Ma'am.... This is true. My 1963 Wapco is still missing from my portfolio as we speak. This issue started in December 2025. After sending several emails without making any headway.
I personally email CSCS and copy MorganCapital on the email.
CSCS emailed me back after 2 days that I don't have such stock in my CSCS account and I should pay =N=1075:00 into their bank account to get my transactions history on my Wapco shares.
I paid the money and the document were emailed to me. According to the trading history from CSCS, on 23rd December 2025 the same 1963 Wapco shares was traded... NOT BY ME and no trading proceeds was made into my MorganCapital trading account.
I disputed the transaction and forwarded to CSCS my MorganCapital trading history for the month, Portfolio valuation (Showing my Wapco shares still in my portfolio but can't execute the trade). Also included is my trade note for December and also on 23rd December 2025 which does not include any Wapco shares traded.
This shares is on my portfolio with MorganCapital and not in my portfolio with CSCS.
I'm still waiting a response from CSCS.

MY TAKE.
MorganCapital need to do more in cases like this. It might be possible the fault is from CSCS and if I did not call MorganCapital to ask for update they will not get back to assure me that they are doing something about it. I cannot count how many calls I have made.
Whichever way I hope i will get my shares back in time.

I'm open to any advice in this matter.

Thanks.

This requires a subscription with ngx right?

aj8:
On NGX. The Nigerian real-time trading platform. Your stockbroker would link you up.
Like so below. See the attachment.

You could have caught Mbenefit the new entrant today well before the full bid. Same for Japaul and Tantalizer a few days before.

What eTrader works best for this? Is Yahoo finance real time or may investing? Make I see weda I fit follow you try am today

aj8:
The day's market on the NGX is characterized in the first 15 minutes of trade. What I do. I open my “Trades” on the[b] eTrader platform[/b] and wait till 10.15 am, I sort the data according to volume highest to lowest. This would show stocks that are about to shoot up and those being dumped, I just pay attention to only the first page after sorting accordingto volume highest to lowest, I don't scroll down. On this first page, I take note of new entrant stocks, stocks that have been docile or consolidating for a while that..
1. have done 10% green but demand far more than supply….buying. I join the queue provided cash is available.
2. show 10% green with huge supply more than demand..dumped/ profit taking corrections. Especially if the price drops as the market progresses. I walk away or take profit if I wish to

News changes the course of trades. The information once known to the privileged few, the stock will show up as huge abnormally large multiple volume interests. The first 15 minutes help to detect that. Subsequently, I update “Trades” on the platform as sorted every 15 minutes and note new entrants to consider taking a position on.


It's interesting how often this works. Much later the news emerges…e.g Tantalizer and Japaul…NB (profit taking a day before results publication )

A strategy I thought I should share. Do not commit huge funds till you are okay with it.

This looks like a good one...Kind of you to share.

@awesomeJ, is this a manual version of your strategy? You pay very close attention to ASI which suggest that your may be a lot more different from this.

aj8:
The day's market on the NGX is characterized in the first 15 minutes of trade. What I do. I open my “Trades” on the eTrader platform and wait till 10.15 am, I sort the data according to volume highest to lowest. This would show stocks that are about to shoot up and those being dumped, I just pay attention to only the first page after sorting accordingto volume highest to lowest, I don't scroll down. On this first page, I take note of new entrant stocks, stocks that have been docile or consolidating for a while that..
1. have done 10% green but demand far more than supply….buying. I join the queue provided cash is available.
2. show 10% green with huge supply more than demand..dumped/ profit taking corrections. Especially if the price drops as the market progresses. I walk away or take profit if I wish to

News changes the course of trades. The information once known to the privileged few, the stock will show up as huge abnormally large multiple volume interests. The first 15 minutes help to detect that. Subsequently, I update “Trades” on the platform as sorted every 15 minutes and note new entrants to consider taking a position on.


It's interesting how often this works. Much later the news emerges…e.g Tantalizer and Japaul…NB (profit taking a day before results publication )

A strategy I thought I should share. Do not commit huge funds till you are okay with it.

This looks to me like the first time Aradel is making your list/

hancock:
Gracias
Already have all you listed in small units except Aradel which seems way too high at its current price.
Will continue topping up as much as I can

Why do you keep explaining the same thing over and over to people who are hard of learning? Do they look like people who really do not understand? They only want to be pessimist.

nairalanda1:
Here is how subsidy killed our refineries.

Petrol has a cost price. When the cost price is below the production price, government pays a subsidy to prevent the sector from going down the drain due to losses.

The problem is, subsidy payments do not guarantee the sector makes enough of a profit to fix and upgrade refineries on a consistent basis over the years. Also, from the Nigerian persepctive, we tax too little of our gdp, and most of our earnings comes from oyel...whose prices are not where we want them to be all the time. (right now, if we want to pay subsides AND have working refineries, oil has to cost 150 dollars or more at the international market per barrel).

So, over the years, subsidy costs have risen, and government can't keep up. That means lower money for refineries to conduct upgrades. From 1994, Nigeria was skipping TAM maintenance until the refineries became a wreck, that any recent TAM was just painting a shipwreck and pretending it was a working vessel.

Add corruption, and so forth, here we are in 2026 with four damaged refineries.


Ghana does not subsidze fuel, and has sold fuel at a profit for decades, and as a result, it has working refineries. Same for Niger republic.

I remember those emergency lovers of Nigeria who were calling Dangotte refinery a scam. Ony hyundai guy claimed that he had info that Dangotte was importing Diesel to sell as if it was from his refinery.

How can I also forget those ones that always had a brother's friend who works there that said the place will never work till 2035... Nothing wen we non hear that time.

Then when it looked as if Dangotte and the then NNPCltd GCMD were at loggerheads, they switched their allegiance to Dangotte, thinking that Dangotte and Tinubu were the ones fighting. As soon as they realized it was not Tinubu and Dangotte fighting, they took sides with PENGASIN, claiming that Dangotte wanted to become a monopoly.

But today, Dangotte refinery has now started producing to its installed capacity. This is how we got here today.

I do not know what is wrong with them too.
Mine has lasted up to 2 weeks now.

1pete:
Does anyone here use Stanbic IBTC Stocbroker platform. I'm having an awful experience trying to get a single order filled. I've been placing orders daily, and each day they go unfilled, despite my orders being at or above market price.

On the otherhand, i also use United capital, but my order are filled within 15 minutes of placing them.

So, I'm wondering how the largest stockbroker in Nigeria (SISL) is running an inferior system to a smaller broker like UCSL

Until you research the price movement of MTN after it was listed.

Go and check that one first then you will know that it is not a one fit all. This principle for IPO is mostly typical but MTN was an exception, DR may or may not be an exception, we cannot say.

ogawisdom:
Spot on

Waiting gives better clarity and better valuation, for initial public offering, valuation metrics available to the investing public are limited, therefore waiting for better clarity makes sense.

I don change my post. Those things fit make am start to only de see bear for market.

The offer has been withdrawn

Streetinvestor2:
LWKD..me na office I been talk oh

If the new MD looks at his data, he may really need to consider how to make you as comfortable as possible as someone suggested earlier.

If possible, he can ask 'if you like fair skin or dark skin, tall or short, endowed frontally or back'

You can pass them to your friend Agba if things like that non de freak you.

On a second thought, this will not be a good idea as it will distract you and may propel you to start making losses.

Make they you buy you a more comfortable office table and chair, and include an Nvidia based PC

awesomeJ:
That's investors o.

Traders like me sometimes have up to 70% of our portfolios as cash domiciled with the brokers

I called them though, they said it's the NGX that has failed to announce a new MD. That they do indeed have a new MD.

Maybe I will trim my size with them for now, till I have better clarity.

There was one guy who was practically hawking mecure on a tray last year. The guy was very confident in himself.
.

ogawisdom:
Mecury at 97.7

If you bought 1m units at SP 17in June, 2025 at 17m; January 2026 it's worth 97.7 million. Blood money lol

The bubble has refused to burst

Okay, based on this submission, the problem then is more with the price disparity between the London market and the Ngx than the 100k rule.
It looks more like the Nigerian investors are holding on tight to their merchandise and not willing to sell, which then means the primary poor liquidity challenge.

awesomeJ:
Yes there's more to it, and I've mentioned it here before

The same AIRTEL shares currently sells for over N7000 in London, and you expect anyone to be willing to sell at 2k in Lagos?

So every Airtel share you sell in Lagos, you're selling at 5k below market value.

If all that's needed for a price movement is 1k units, people can easily sacrifice N5m to move the price, but at N100k units, why would anyone willingly burn N500m

Maybe I don't understand the root cause but if I think I understood you, you were saying the 100k rule is preventing the stock price to move up or down. At its present price, the amount required to achieve the 100k volume is large.
Seplat also suffers from something similar even though that one moves in baby steps.
Or is there more to it?

awesomeJ:
I don't think you understand the root cause.

Airtel isn't the stock with the highest price on the exchange.

It's a problem that affected DANGCEM in 2024 as well.