₦airaland Forum

Morgan Capital showing 12:11pm trades Atlass showing 12:15pm trades at 12:17pm

I said this time discrepancy (you are seeing 11.50am but the market trading at 11:58am) is intentional!!

yMcy56:
I know some people were just not happy Insurance Sector which they've so much detested are delivering in market....

Ordinarily the sector is much undervalued and, with the new good news, they should deliver well.

If banks can be transformed, so also insurance sector.

We continue to see how market handles this over time. In fact, the time is even shorter self.

Exactly and very likely for most Insurance companies to return back to their 2008 peaks like the banks very well did.

Fred2020:
Once I saw the clouds gathering, I increased the size of my umbrella.......another solid call from Loco!!!

Most likely just joining for the sing along to the finale!

Universal Insurance and Linkassure are so tight one can't even penetrate their armor

Fred2020:
Can you believe it made it into Morgan Capital’s stock pick for the week? Their research analyst needs to be introduced to this group so they can learn how it’s really done from the gurus here.

Politely correct me if I am wrong but isn't it when it's going down you pick?

Locotrader:
Signing of this BILL by the president will sky rocket Japaul.

Keep your eyes open for it and keep packing Japaul hence available on the floor

The Nigerian government is currently considering a bill aimed at regulating and formalizing the gold industry. The bill seeks to establish a framework for the exploitation, processing, and marketing of gold, including the creation of a Nigeria Gold Authority (NGA). This framework aims to attract investment, stimulate job creation, and boost revenue for the government. The bill also addresses artisanal miners, regulations for mining, and the establishment of gold refineries in strategic locations.

Brillliant!
What the government needs to do is create a market for the gold - The Central bank creates a gold mint. Then mint will buy from the miners the refined gold. The mint will create gold coins stamped with the coat of arms. The Central bank can then issue to banks ounces of gold coins for sale to Nigerians. Nigerians can buy from the banks and take home or keep with the banks the gold.

Locotrader:
You see these 5m units offers,Loco will clear all before we call it a day.

Tomorrow,people will look for Japaul at 2.70 it traded today and they will see it at 3.20.

If Ellah go do full bids at 16
Japaul will do full bid and next price will hinch at N7

You said any price under N3 so kukumah just clear everything today and start the rally o great and powerful Loco

yMcy56:
It's still delaying till now.....running behind schedule...
The trade engine has been showing this sign for long but no one seems to have paid attention yet...
Let them share no allow it to crash before they fix it

But why is Morgan showing 11:03 and Atlass is showing 11:07 if the problem is entirely from the NGX?

yMcy56:
When I logged in and see traffic like this, I know something must have happened 😁

Trading is ongoing....

It's connecting now......issue is from NGX.....
Some disconnections again...... they're probably trying to fix it

Insurance bull continues as usual..

The time is10:32 I am seeing live feed of 10:23!
This is ridiculous

Hamachi:
Why is it difficult to reclaim or recover a deceased person shares in Nigeria?

not. get letters of administration for the shares. should be normal sailing from there on.

megawealth01:
Start from page one here so you will understand that "once upon fundamentally sound stocks can disappear in the long term..."

Get knowledge about the rules of the game first

Vectoryoko:
Where to start from?

Haba that is not necessary...
Vectoryoko simply begin to diligently follow the discussion here henceforth to get familiar with the intricacies of the market also register with a stockbrokerage maybe Morgan capital so you can immediately start practical learning. use N10,000 to N100,000 depending on your pocket. Then pretend it is N1,000,000 or N10,000,000. You will make profit, you will make losses and you will learn without the school fees (pain). When you begin making consistent profits then you may use your true capital.

crownprince2017:
If you are serious about your money, try to do findings beyond social networks, go see where it's happening.

The board might want to eat deep into the company but surely they have the result you can not see on the Internet.

If you are truly investing for the long term I can assure you that u re sitting on a gold mine based on what I know.

Note: I still don't know what they want to use the 250b for, at least for now.
I believed most of it will come from private placement.

They want to use it for Gangnam style

abuhusna1:
Is anyone here finding it hard to login to his or her Meristem account. Mine has been saying invalid password despite i was able to log in in the morning

You must be new, they've just started with you. You will go through meristem stress while you invest/trade. If you are not using them for margin loans then you shouldn't be there!

GeeKudi:
I now use Morgan Capital and I have not had any reason to complain about them.

so their delayed feed is normal? I have also been using them and every morning they delay their trade feed for retail investors. All prices and data start slowing down from 10am till 12pm. Then they allow it to start flowing normally again

synoble:
Yeah truly...kindly recommend.

Morgan capital seem to be popular...can we use their app on a mobile device?

Be careful Morgan capital is having realtime feed issues. You will not be able to see what is happening in the market!

kintus:
Fixed

Fixed permanently or we will have a repeat tomorrow from 10:00am till 11:20am?
This realtime delay has been going on for over a week now.
It is affecting decision making - One is practically trading blind!

Is anyone seeing the trade in realtime? ATLASSPORTFOLIOS is 10Minutes late!

.

[quote author=Boshins post=127380775][/quote]I opine a pivot
Monday being the point
Positively Bloody - bad things happening but good for some (ie those who are just buying or will buy)

Judging from today's lackluster performance, there should be high expectation for Monday to be positively bloody!

KarlTom:
A link or case number would be good.

Regardless, OandO is destined to rise considering all the recent acquisitions and partnerships.

And let's not forget their financial statement for 2022. We might actually see a peak of N25

yMcy56:
Pullback in market..... especially in banking stocks....

Opportunity to keep eye on price movement and key into some of the banks at bargain entries in my opinion......

*FMN...

FBNH @23.85 in market.......
UBA @22...
ACCESS@19.90/19.95...

Pullback or systematic tax like inflation? Your stocks like your money remains with you, untouched but their reach has become shortened.
This depends on the price you bought sha

Zagee:
Live market data?

They use same Folio app like Morgan does

#Twins

Zagee:
Why should that site be down on a working day?

Atlass Portfolios is up and running. It uses Folio too and It even provides a Watchlist of up to 15 stocks.
Commissions are the same in total

Godisfaithful:
E ku market ooooo

Hope the “renewed” is getting the “Shege” going?

$1 already N1,140 (average)

£1 already N1,400 (average)

Let’s go

Do not let a setback stop you, think of it as a mere incident that has to be overcome before you can reach your goal.

robobo:
Oga if na that one den na wrong figure u catch. the 58% was when the buyout offer was announced and oando was trading around 4.5-5

Really? When was the buyout offer announced? What date?

What was the closing price the day before the announcement?

lol you guys are funny...that I'm Wale Tinubu


@robobo you didn't read carefully. Take:

OODP, the primary shareholder, is initiating a strategic plan to acquire all outstanding shares held by minority stakeholders, offering a scheme consideration that is 58 percent higher than the last traded share price of Oando. This move will lead to the delisting of Oando’s shares from the Nigerian Exchange and the Johannesburg Stock Exchange.

https://thenewsnigeria.com.ng/2023/09/11/champion-extraordinaire-oando-boss-wale-tinubus-new-mega-deal/

The Oando bull of the past few weeks is over. Oando is now "falling in line" with the rest of the market.
However, I think the offer of N7.07 for all outstanding shares is no longer feasible there is a new offer already in the works to be proposed by management.
The new offer should be in the region of N12.15.

You can refer to the article below:

https://thenewsnigeria.com.ng/2023/09/11/champion-extraordinaire-oando-boss-wale-tinubus-new-mega-deal/

kolaish:
We have more than 100 stocks in the NSE. So, no simple reason can be adduced for all stocks. The reason for the movement of one may not be the reason for the movement of the others. Recent Examples:

1. UBA has been moving upward of recent on the back of the release of good earnings, mainly due to government floatation of the naira. Good earnings is moving the price?

2. Oando recently delivered 200% capital appreciation based on speculation.
Speculation moved the price?

Likewise, Dangote Sugar and NASCON because nobody knows the actual price that Dangote foods will eventually be listed.
Speculation is moving the price?

3. Eternal and other oil companies once rallied and gave more than 200% capital appreciation based on new government policy on subsidy.
So policy moved the price?

4. GSK and PZ has delivered more than 100% capital appreciation based on the price for delisting from the market.
The offer price to delist moved the price?

5. Power tussle for the soul of transcorp between Elumelu and Otedola move the price from 100k to 400k.
Otedola didn't move the price from N1.50 to N3.24
The list is endless. So, you can pick a particular stock and talk about it rather than generalize the whole NSE.

Thank you for your extensive response.

But you still haven't gotten the answer to this very important question. You have not been thoughtful of the matter.