Wapgod:

Buying = 1.1325% of consideration amount
Selling = 1.4775% of consideration amount
CSCS alert fee+VAT of 4.30 is also applicable per trade clip

Refer to this page on their website.
https:// www . stanbicibtcstockbrokers.com/nigeriastockbroking/stockbroking/products-and-services/products/equities

Wapgod:
I will stop posting on this thread.

Wapgod:
I will stop posting on this thread.

Wapgod:
I will stop posting on this thread.

Wapgod:
I will stop posting on this thread.

thesilentone:


Final comment:
NIFTY 50 & Sensex are at All-time Highs. Topping action/healthy pullback is expected even without the Adani controversy.

Modified:
Oops!!! just checked (covers face) ASI is near ATH too. At this point, let everyone watch their portfolio like a hawk. Don't be caught unawares.

thesilentone:
@RabbiDoracle Did you see Bloomberg's report today about the contagion caused by Adani's continuous market rout? Let us just say your prediction about India is turning out as forecasted.

RabbiDoracle:


No, I didn't read. I will check. Thanks.

Watch South Africa, France, UK and other indexes I have highlighted in the past.

I don't know what it could be but from my research it looks like something will make majority of these indexes lose a minimum of 62%. If NSE 30 gets higher than the historical top, it too will be in the league of the indexes that could do that huge decline.

Let's be cautious in this Q1 and have spare cash aside (dividend income, savings) in case of anything.

Agbalowomeri:


Of course after rise na fall
We still get 20-30% rise in the ASI before we bail out. The climax sign is always obvious. Till then, we ride to orgasm

RabbiDoracle:


But there is an anomaly. Banks are not joining in this ride of the ASI ATH. The big banks doesn't seem to have force.

Or are they yet to start? We will see.

Agbalowomeri:


GT has gained almost 40% in 2/3 months. Zenith over 30%

Using the Elliott wave theory, I am seeing that we are riding the 5th/last wave which is usually explosive and shorter than the bullish wave 3.
Until I see a tall monthly green candle, followed by a monthly red call (irrespective of size), that's the bearish call for me

RabbiDoracle:


No, I didn't read. I will check. Thanks.

Watch South Africa, France, UK and other indexes I have highlighted in the past.

I don't know what it could be but from my research it looks like something will make majority of these indexes lose a minimum of 62%. If NSE 30 gets higher than the historical top, it too will be in the league of the indexes that could do that huge decline.

Let's be cautious in this Q1 and have spare cash aside (dividend income, savings) in case of anything.

Streetinvestor2:
Bro no vex some months you whr here shouting how nse was going to break the roof and projecting some heavy prices for some stocks.Does it mean most of you guys on technical analysis just read what ever tools you use from different angles and then dash out your personal opinion. Now you are saying we should be ready for amargiddom when you first call has not materialised. I beg to ask what has changed btw then and now that you are giving new call.I hope the technical analysis thing is not just a big joke .

Streetinvestor2:
Bro no vex some months you whr here shouting how nse was going to break the roof and projecting some heavy prices for some stocks.Does it mean most of you guys on technical analysis just read what ever tools you use from different angles and then dash out your personal opinion. Now you are saying we should be ready for amargiddom when you first call has not materialised. I beg to ask what has changed btw then and now that you are giving new call.I hope the technical analysis thing is not just a big joke .

BigBashiru:


This is quite expensive... I am considering them for short selling.... I believe Stanbic IBTC does short selling - do you know any other brokers that supports short selling??

essentialone:
Please how much is the interest rate currently paid on UBA Savings Account?

essentialone:
Please how much is the interest rate currently paid on UBA Savings Account?

essentialone:


Hello, please be informed that the Central Bank of Nigeria (CBN) recently revised the Monetary Policy Rate (MPR), which controls the interest rate on savings.

Kindly find below the new interest rates;

N50,000 - N99,999 - 1.15%

N100,000 - N999,999 - 1.25%

N1,000,000 - N4,999,999 - 1.40%

N5 million and above - 1.50%
Thank you.

- From UBA

essentialone:


Hello, please be informed that the Central Bank of Nigeria (CBN) recently revised the Monetary Policy Rate (MPR), which controls the interest rate on savings.

Kindly find below the new interest rates;

N50,000 - N99,999 - 1.15%

N100,000 - N999,999 - 1.25%

N1,000,000 - N4,999,999 - 1.40%

N5 million and above - 1.50%
Thank you.

- From UBA

Frangel:
No, don't stop. That is defeatist. Reflect on his advice and make amends. We're here to exchange ideas, knowledge and grow.

You even do me somehow in one of your mentions but we move. Some of us here have been in the business for decades. You can learn if willing and humble.

Cheers.

RabbiDoracle:


I don't look at only TA of Nigerian stocks. I look at the TA of many global stock indexes and bonds. Once I see divergences on those global ones, I try to update and warn to see if others see same.

Like months ago, there wasn't any negative divergences in those indexes and so I assumed NSE will go on well. However, since December 2022, I have started seeing some signs of their indexes going very fast to All time high and that could create some issues for their markets. The speed of rise is concerning to me especially when you know that there are negative macro factors affecting those markets.

Since global markets are interconnected, where there are issues in the big global players, these could create tremors in smaller markets. These tremors are called contagion. And that is why I show my findings to other TA guys here for all to rub minds together and see what could go wrong/right.

I don't just buy stocks, I also investigate what could go wrong with my position that will wipe out my capital. That is how I do my risk analysis. And remember, market will not go on a straight line.

I am 80% in NSE currently but watching what could go wrong around the world.

Okuko na pa nri, anyaufio akona e--ibo adage.

Agbalowomeri:


Of course after rise na fall
We still get 20-30% rise in the ASI before we bail out. The climax sign is always obvious. Till then, we ride to orgasm

RabbiDoracle:


I don't look at only TA of Nigerian stocks. I look at the TA of many global stock indexes and bonds. Once I see divergences on those global ones, I try to update and warn to see if others see same.

Like months ago, there wasn't any negative divergences in those indexes and so I assumed NSE will go on well. However, since December 2022, I have started seeing some signs of their indexes going very fast to All time high and that could create some issues for their markets. The speed of rise is concerning to me especially when you know that there are negative macro factors affecting those markets.

Since global markets are interconnected, where there are issues in the big global players, these could create tremors in smaller markets. These tremors are called contagion. And that is why I show my findings to other TA guys here for all to rub minds together and see what could go wrong/right.

I don't just buy stocks, I also investigate what could go wrong with my position that will wipe out my capital. That is how I do my risk analysis. And remember, market will not go on a straight line.

I am 80% in NSE currently but watching what could go wrong around the world.

Okuko na pa nri, anyaufio akona e--ibo adage.

Dum20:


Hmmm this change of tone. Some people have been waiting to see GTB at 50 as you said last year.

Well your approach is not bad. You are open and say what you see.

I am not a TA guy oo, i just look at trends. I noticed that in the past 5 election circles in Nigeria, there is always a strong bull in the year preceding presidential elections. The highs of that preceding year are never attained again until a year after the elections.

With what has happened so far, the NSE is following that trend. Most stocks have had their year highs in January.

What that means is we MIGHT not see the highs of January 2023 again until next year.

I am not an expert ooo, I am just sharing my little experience

essentialone:


Hello, please be informed that the Central Bank of Nigeria (CBN) recently revised the Monetary Policy Rate (MPR), which controls the interest rate on savings.

Kindly find below the new interest rates;

N50,000 - N99,999 - 1.15%

N100,000 - N999,999 - 1.25%
This is wrong information. The CC agent gave you a wrong, cos this is an old rate after covid-19 if am not wrong.
The current rate for savings account is 4.95%

N1,000,000 - N4,999,999 - 1.40%

N5 million and above - 1.50%
Thank you.

- From UBA