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Nigerian Stock Exchange Market Pick Alerts - Investment (6793) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Jerekre(m): 11:36pm On Oct 19, 2022
DivineSkills70:


Thanks. I am aware of the charges.

I am asking if other stockbrokers (Chapel, Apt and Co) charges same too.
I believe the charge by Morgan is for use of online trading platform. I have used APT for a while and have not experienced such, but I don't use the online platform, I send my mandate to my account officer for execution.

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 7:52am On Oct 20, 2022
Jerekre:

I believe the charge by Morgan is for use of online trading platform. I have used APT for a while and have not experienced such, but I don't use the online platform, I send my mandate to my account officer for execution.
What time/month do they charge this?
Re: Nigerian Stock Exchange Market Pick Alerts by Arijude(m): 9:26am On Oct 20, 2022
What's the trusted broker one can use for this stock trading?
Re: Nigerian Stock Exchange Market Pick Alerts by Tohmey(m): 10:09am On Oct 20, 2022
I'm new to stock, i just created account with wealth,ng Help Which Nigerian stock can i buy now and profit within next 2months? Help a bro
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 10:19am On Oct 20, 2022
Tohmey:
I'm new to stock, i just created account with wealth,ng
Help Which Nigerian stock can i buy now and profit within next 2months?
Help a bro

This is not the best way to start if you are new to stock. Get education. The first step to stock investment is to learn how it works.
Read! Don't be in a hurry. Stock investment is a marathon not a sprint.

7 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 10:33am On Oct 20, 2022
yeddy99:
a friend has some stocks purchased through cashcraft. he can't even remember all stocks and qty purchased.
please he needs advice on how he can access his stocks.
thank you


To know the stocks and qty he purchased through Cashcraft, he should just register on CSCS portal for access to his to check. This is very easy. As easy as just mailing contact@cscs.ng to make his request or check https://portal.cscs.ng for more details on how to registered. He should however ensure he still has the CSCS and CHN number Cashcraft issued him for this to work and some of his personal details used with Cashcraft. As an individual investors this will cost him about N3010 and he will have the access for 1 year. With this, he can login, view and print his statement at will within that one year. If he use same CHN he has from Cashcraft to open a new account he will also see that account there.

Another option is to mail contact@cscs.ng with his details requesting for the of his stocks details. They will tell you what to pay, how to pay and the details will be sent to you for just that one time you requested.

Then if his intend to trade those stocks, they have to first of all be moved to a working stock broker. For me, I will advice you contact MORGAN CAPITAL SECURITIES LTD to open a new account and move the shares there. This is because I have been their customer and enjoy their services. Also, they have helped me moved my shares from the same Cashcraft to Morgan Capital recently. Though it took time to move them because the staff handling it left the firm and didn't hand over the issue to his colleague as supposed to continue the process. It was however, resolved when I made further complaints to them and I can now see the shares in my Morgan Capital online access.

4 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 11:10am On Oct 20, 2022
You won't even see it coming if there is 'manipulation'.

The resources required to really manipulate a market is not 2k shares but we can believe what we want.

There is no smoking gun in this case.

talk2me2:
It is not a glitch but deliberate manipulation

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:00pm On Oct 20, 2022
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:28pm On Oct 20, 2022
Wapgod:
What time/month do they charge this?
Usually January or February.
For this year, I don't know though.....seems it's not yet been deducted.

To check is easy, simply check your portfolio account statement from January to date, if it's been deducted, it will reflect there.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Tohmey(m): 12:35pm On Oct 20, 2022
emmasoft:


This is not the best way to start if you are new to stock. Get education. The first step to stock investment is to learn how it works.
Read! Don't be in a hurry. Stock investment is a marathon not a sprint.



Thanks, any online platform to learn about it
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 12:45pm On Oct 20, 2022
https:// chat. whatsapp. com/ BAADVxcjUeOEPziVzAZDyT

Join this link for an amazing experience of the Nigerian Stock Market. Copy it to your browser and remove the spaces in between
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 12:53pm On Oct 20, 2022
For Fidelity, it is interesting to note that the insiders cannot make any trades until after 27th October.

So this question is, what has the market seen that is not yet obvious to the rest of us? grin
yMcy56:
ARDOVA
Initial and usual denial??
https://doclib.ngxgroup.com/Financial_NewsDocs/36963_ARDOVA_PLC%20ARDOVA_PLC_PRESS_RELEASE_19_OCTOBER_2022_CO.pdf

https://dailytrust.com/ardova-clarifies-position-as-femi-otedolas-zenon-oil-wins-19-2m-judgement-over-forte-oil-sale

FIDELITY
Quite some volumes here.......
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:17pm On Oct 20, 2022
thesilentone:
For Fidelity, it is interesting to note that the insiders cannot make any trades until after 27th October.

So this question is, what has the market seen that is not yet obvious to the rest of us? grin

Why?
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 1:36pm On Oct 20, 2022
We are within their closed period leading to the release of their unaudited financial statements - started 1st October

OBAGADAFFI:


Why?
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 1:42pm On Oct 20, 2022
Tohmey:
Thanks, any online platform to learn about it

Take sometime to go through previous pages on this thread. You can also go through my previous posts as well. A lot has been said by many great analyst here.
Going forward visit this thread often and ask questions.
Don't forget to set your investment objective which will be a guide to you as you embark on your investment journey.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 1:44pm On Oct 20, 2022
The 'firer' has been fired. @RabbiDoracle

That didn't take long. We are back to square one

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sky2891: 1:55pm On Oct 20, 2022
thesilentone:
The 'firer' has been fired. @RabbiDoracle

That didn't take long. We are back to square one

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:58pm On Oct 20, 2022
thesilentone:
For Fidelity, it is interesting to note that the insiders cannot make any trades until after 27th October.

So this question is, what has the market seen that is not yet obvious to the rest of us? grin
It could be that new investor is coming in......
Fidelity was planning to raise capital before now but guess this lull in the market has stalled the plan, so there's now but he possibility of them bringing in new investors......
It could also be that some institutional investors are buying stakes in the bank...... Future is looking bright. smiley

** This is unconfirmed reason though**
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 1:59pm On Oct 20, 2022
LOL....
Free advert for Airbnb

[quote author=sky2891 post=117724647][/quote]
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 2:01pm On Oct 20, 2022
The Private placement was approved at the last meeting, so this will still go ahead as planned regardless of the state of the market.

yMcy56:

It could be that new investor is coming in......
Fidelity was planning to raise capital before now but guess this lull in the market has stalled the plan, so there's now but he possibility of them bringing in new investors......

** This is unconfirmed reason though**
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:09pm On Oct 20, 2022
thesilentone:
The Private placement was approved at the last meeting, so this will still go ahead as planned regardless of the state of the market.
OK. Maybe it commenced already....

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ictmikky(m): 2:10pm On Oct 20, 2022
Please, what is happening to Nestle shares. What game are they playing?

Price Qty
#1093.5 1000

Later changed to
#1093.5 59,599

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 2:16pm On Oct 20, 2022
The share price for the placements was not decided at the meeting but it is reasonable to expect it to be equal to or higher than the price on the floor. That is why some of us avoid private placements

yMcy56:

OK. Maybe it commenced already....

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:48pm On Oct 20, 2022
thesilentone:
We are within their closed period leading to the release of their unaudited financial statements - started 1st October


Thank you

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:19pm On Oct 20, 2022
thesilentone:
The 'firer' has been fired. @RabbiDoracle

That didn't take long. We are back to square one

grin grin At least her reign spanned over 2 monarchs. A record breaker.

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 4:46pm On Oct 20, 2022
grin grin grin

44 DAYS!!!!! One for the history books

RabbiDoracle:


grin grin At least her reign spanned over 2 monarchs. A record breaker.
Re: Nigerian Stock Exchange Market Pick Alerts by Tohmey(m): 5:44pm On Oct 20, 2022
emmasoft:


Take sometime to go through previous pages on this thread. You can also go through my previous posts as well. A lot has been said by many great analyst here.
Going forward visit this thread often and ask questions.
Don't forget to set your investment objective which will be a guide to you as you embark on your investment journey.


Thanks bro, i appreciate your effort

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by ImperialCovfefe: 10:01pm On Oct 20, 2022
FYI: For those interested

Nigeria's 2030 Eurobond is trading at $63/unit with a yield of 15.85%. That's a double of your money in USD if compounded for 5 years. That's a high hurdle rate for equities to beat.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Olaide1295: 12:21am On Oct 21, 2022
ImperialCovfefe:
FYI: For those interested

Nigeria's 2030 Eurobond is trading at $63/unit with a yield of 15.85%. That's a double of your money in USD if compounded for 5 years. That's a high hurdle rate for equities to beat.
How does one go about buying this? Any digital platform?
Re: Nigerian Stock Exchange Market Pick Alerts by ImperialCovfefe: 12:58am On Oct 21, 2022
Olaide1295:

How does one go about buying this? Any digital platform?

There's a related thread for all things Eurobond here on Nairaland. https://www.nairaland.com/4667123/eurobond

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by potbelly(m): 9:56am On Oct 21, 2022
Good morning everyone...
Kindly suggest apps where one can monitor prices of nigerian stocks, buy and sell...

Features
easy to use
user friendly interface e.t.c
Re: Nigerian Stock Exchange Market Pick Alerts by dapix: 10:04am On Oct 21, 2022
potbelly:
Good morning everyone...
Kindly suggest apps where one can monitor prices of nigerian stocks, buy and sell...

Features
easy to use
user friendly interface e.t.c

www.meritrade.com

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