Looks like some may buy Honeywell flour at peak. DD required.

I tried buying stocks today from my Morgan account and was told my account is suspended. I have called Morgan and they assured me of getting back to me. Is anyone experienceing same thing?

zionaigbokhan:
I tried buying stocks today from my Morgan account and was told my account is suspended. I have called Morgan and they assured me of getting back to me. Is anyone experienceing same thing?

Same thing here too ....

Hello House,

what is happening to caverton? the price fluctuates like fluke. Kindly share any news on the stock.

@samguru, @mcy56, @OGG.

Thanks

zionaigbokhan:
I tried buying stocks today from my Morgan account and was told my account is suspended. I have called Morgan and they assured me of getting back to me. Is anyone experienceing same thing?

No problem with my account

Raider76:


No problem with my account

Are you using Morgan capital? I am having same issue and was told that it is General

zionaigbokhan:
I tried buying stocks today from my Morgan account and was told my account is suspended. I have called Morgan and they assured me of getting back to me. Is anyone experienceing same thing?

The same here.

Marketapprentic:



Are you using Morgan capital? I am having same issue and was told that it is General

Number of deals is missing from the morgan platform. Hope no major problem o?

The equity prices of Consolidated Hallmark Insurance Plc, Flour Mills Nig Plc, Meyer Plc, and Total Nigeria Plc were adjusted today 16th August 2021 for dividends as recommended by their respective Boards of Directors as shown in the table below:

S/N Security Closure Date Last Close Price Dividend Ex-div Price
1 Consolidated Hallmark Insurance Plc 16/8/2021 N0.53 N0.02 N0.51
2 Flour Mills Nig Plc N30.45 N1.65 N28.80
3 Meyer Plc N0.59 N1.50 N0.20
4 Total Nigeria Plc N203.20 N4.00 N199.20
The equity price of Meyer Plc was halted at N0.20k in conformity with the minimum equity prices of N0.20K

jamace:

Number of deals is missing from the morgan platform. Hope no major problem o?

"Trades" restored.

Marketapprentic:



Are you using Morgan capital? I am having same issue and was told that it is General

Has the issue been resolved?

salanda:

Has the issue been resolved?

I was told yesterday that it has been resolved. Hope to find out today.

Why is this thread dry?

Wetin dey breathe for OANDO!

NGX Index Sheds 0.04 Percent on Monday as Stock Market Opens the Week in Red

https://investorsking.com/2021/08/17/ngx-index-sheds-0-04-percent-on-monday-as-stock-market-opens-the-week-in-red/

Dollar to Nigerian Naira Exchange Today, Tuesday, August 17, 2021

https://investorsking.com/2021/08/17/dollar-to-nigerian-naira-exchange-today-tuesday-august-17-2021/

Crude Oil Sheds 1 Percent After Data Shows Slowing Economic Activity in China

https://investorsking.com/2021/08/16/crude-oil-sheds-1-percent-after-data-shows-slowing-economic-activity-in-china/

Afghanistan Turmoil Adds to Investors’ Worry List

https://investorsking.com/2021/08/17/afghanistan-turmoil-adds-to-investors-worry-list/

Nigeria’s Foreign Liabilities Jump 42.41 Percent to $187.36 Billion in Five Years – IMF

https://investorsking.com/2021/08/16/nigerias-foreign-liabilities-jump-42-41-percent-to-187-36-billion-in-five-years-imf/

Zambian Eurobonds Jump Most in 16 Months as Lungu Concedes Polls

https://investorsking.com/2021/08/16/zambian-eurobonds-jump-most-in-16-months-as-lungu-concedes-polls/

Stock of Honeywell Flour Mills Appreciates by 28.13 Percent to N2.05 in One Week

https://investorsking.com/2021/08/14/stock-of-honeywell-flour-mills-appreciates-by-28-13-percent-to-n2-05-in-one-week/

Bitcoin, Other Cryptocurrencies Extend Gains Amid Renewed Interests

https://investorsking.com/2021/08/14/bitcoin-other-cryptocurrencies-extend-gains-amid-renewed-interests/

Dogecoin Extends Gains to $0.340376 Without Elon Musk

https://investorsking.com/2021/08/16/dogecoin-extends-gains-to-0-340376-without-elon-musk/

Nigeria Leads Global Crypto Adoption – Binance

https://investorsking.com/2021/08/13/nigeria-leads-global-crypto-adoption-binance/

Blockchain and Crypto Investment in H1 2021 Double All of 2020 – KPMG

https://investorsking.com/2021/08/13/blockchain-and-crypto-investment-in-h1-2021-double-all-of-2020-kpmg/

I don't understand buacement

Raider76:
Looks like some may buy Honeywell flour at peak. DD required.

What is actually going on with HONEYWELL? hmmmm. Is there any news? Abeg anyone with any news should tell us before I sell the small units I have there

Marketapprentic:


What is actually going on with HONEYWELL? hmmmm. Is there any news? Abeg anyone with any news should tell us before I sell the small units I have there

That thing just keeps going up and there is just no indication or maybe someone wants to take over from otudeko

Trying to understand buacement too. Sold most of my shares that changed from CCNN to Buacement when the price hit N80 as I could not fundamentally see what was pushing it to N80 or will support it at that price.

sterlingD:
I don't understand buacement

sterlingD:
I don't understand buacement

. what happened

emmanuelewumi:


. what happened

Stock price has been on N68.00. It keeps fluctuating around N68.00 with no ascension above this price.

sterlingD:

Stock price has been on N68.00. It keeps fluctuating around N68.00 with no ascension above this price.

price was about N62 today.

Divide the value of today's transaction with the volume sold


N317,200 divided by 5076 units

emmanuelewumi:



price was about N62 today.

Divide the value of today's transaction with the volume sold


N317,200 divided by 5076 units

The price is bound to go lower as it is not supported by earnings.

BabsO2:


The price is bound to go lower as it is not supported by earnings.

I said it before now, hope you enjoyed the ride while it lasted.

emmanuelewumi:


I said it before now, hope you enjoyed the ride while it lasted.

Yes I did enjoy the ride. I can even buy back what I sold at lower prices later

The Central Bank of Nigeria has just frozen the bank accounts of Nigerian fintech platforms Risevest, Bamboo, Trove and Chaka for the next six months.

https:///g7ORa0WXyg

samguru:
https://nairametrics.com/2021/08/17/cbn-freezes-bank-accounts-of-six-fintech-platforms-for-180-days/

it is well

OBAGADAFFI:
The Central Bank of Nigeria has just frozen the bank accounts of Nigerian fintech platforms Risevest, Bamboo, Trove and Chaka for the next six months.

https:///g7ORa0WXyg

FG may not be popular with some decisions but on this one, CBN just caught the errand boys for the real economic bandits and saboteurs. Ds platforms are not only involved in illicit forex trade , they are conduits for money laundering & just hide under trading in foreign stocks. Some of d people backing these platforms are even former top CBN officials!
Be careful if anyone is selling you products to help you "edge against inflation " by buying US stocks. It's all a front!
CBN will expose more in coming days. CBN is on top of dia mata. Another set are d agroinvest 'fintech', dos ones are doing crypto! Dey have no farm anywia! Era of free & dirty money to dey use pepper hardworking upright folks don end o, my pple, NSE is the koko.

If the stock prices and its movements reflect the general consensus (dynamic equilibrium between buyers and sellers) of the investing public in the long run, can the number of deals be as insightful as the volume traded ?

In other words, for example, if one or two whales decide to sell off and in the process drop prices of a given commodity, will this artificial bear stick? Can such fluctuations present a profitable entry in the short run?

Note: Morgan daily price list report sheet has a column labeled deals.

Yesterday, the stock JULI(not a tradable stock by the way) dropped by 9.9% with only one deal, SOVRENINS did -7.14% with only 5 deals, CUTIX -9.91% with 78 deals(seams to have more backing), etc.

Nigerialabalaba:


FG may not be popular with some decisions but on this one, CBN just caught the errand boys for the real economic bandits and saboteurs. Ds platforms are not only involved in illicit forex trade , they are conduits for money laundering & just hide under trading in foreign stocks. Some of d people backing these platforms are even former top CBN officials!
Be careful if anyone is selling you products to help you "edge against inflation " by buying US stocks. It's all a front!
CBN will expose more in coming days. CBN is on top of dia mata. Another set are d agroinvest 'fintech', dos ones are doing crypto! Dey have no farm anywia! Era of free & dirty money to dey use pepper hardworking upright folks don end o, my pple, NSE is the koko.

CBN with another hammer!
Throwin the baby out with the bathwater ....
Instead of fixing these fintech challenges.....
By raisin the level of disclosure of their source of FX on a regular basis....
Lets kill them with ban and freeze their accounts...
Typical crude & reactive way of handling issues by Naija regulatory bodies...
Folks are still tradin Crypto even with their ban...
CBN should understand that the world is a global village....
And foreign fintechs will continue to emerge .....
And will serve the Nigerian unemployed youths seekin for survival....
They should kontinue to kill startups fintech.
That's providin jobs for Nigerian masses
Jobs they could not create......

ojeysky:


That thing just keeps going up and there is just no indication or maybe someone wants to take over from otudeko

I am suspecting that maybe a buy-out is on the table because the bids are harassing. At this rate, It might touch 4 or 5. Let me be watching.