dpacificheraclx:
a bigger player is buying 😂, we shall all find out who the person is tomorrow, let's keep watching

Femi Otedola becomes the 2nd largest shareholder in Transcorp Plc.

https://nairametrics.com/2023/04/12/breaking-femi-otedola-acquires-5-52-of-transcorp-plc/

** 5.52% translates to around 2.24B units.......the remaining OS/Free float is still on the high side sha.....will just keep eye on it**

Pls what is the total percentage charge for Morgan sell and buy not just commission .I want to see if na my other broker I dey make money for

Tomorrow we move to transcorp. The wolves have landed thr.The corruption must go round

Streetinvestor2:
Tomorrow we move to transcorp. The wolves have landed thr The corruption must go round

Ginalex:

Some one wants to be on forbes billionaire list 2024 by any means necessary. And he knows that as per niaja is only via corruption you can make it.

jideflash:
Time to follow the big money. Those who bought geregu on listing are upto 200%.

"Follow the money..." We are buying tomorrow

Frangel:
My simple advice to the average investor on NGX is to have a simple plan of thinking long term, buying good quality stocks that pay dividends regularly and reinvesting the dividend. Buy more when you can add more funds. You would have grown a good portfolio over the years. Be disciplined with reinvesting your dividend.

An investor that bought 1000 units of GTBank@N5.10 at the IPO in 2001, would have shares worth about N170k now and received over N172k as dividends to date. An investor that bought Presco at about N10 around 2008, would have it at N150 per share today (not recognizing dividends paid o).

Please leave the complex strategies for those that might know how, until you learn better. They don't always win.

That is awoof. You bought an investment for about 500k twenty years ago and now earning dividend of about N2 million per annum from the investment

Use the website. The app has not been functional.

Curiouscity:
Please, does anyone here know what is happening with the Meritrade App? I can't login for more than 2 weeks now.

Is anyone using it successfully?

Streetinvestor2:
Tomorrow we move to transcorp. The wolves have landed thr. The corruption must go round

Lol. DiarisGod o.

Add Forte oil; I dodnt only take a haircut on that stock, I became bald; all the way from.162 naira entry price to selling it at 19 naira.

Justcul:


Exactly what I wanted to say. In this market, you need to constantly monitor and rebalance your portfolio based on fundamentals.

You can add bank PHB, oceanic and Evans medical on that list

You can add yours

perfectgen:
Add Forte oil; I dodnt only take a haircut on that stock, I became bald; all the way from.162 naira entry price to selling it at 19 naira.

I boy ye!

Streetinvestor2:
Pls what is the total percentage charge for Morgan sell and buy not just commission .I want to see if na my other broker I dey make money for

My mind went straight to Madam Anjilgreat as I see this question. It's been discussed here before.....
Chai!! Many active monikers in the past have remain anonymous and in ghost mode these days.....

See below:

anjilgreat:
Morgan Capital Total
Buy charge = 0.875%
Sell charge = 1.175%

UPDATED CHARGES :
Buying: 0.88% + N4.30 SMS charges + 7.5% VAT on Broker's Comm.
Selling: 1.225% + N4.30 SMS charges + 7.5% VAT on Broker's Comm.

perfectgen:
Add Forte oil; I dodnt only take a haircut on that stock, I became bald; all the way from.162 naira entry price to selling it at 19 naira.

if you no fear 0$10 who you wan fear. You suppose chop with him with a long spoon

onegentleguy:

Kabiru: Good day bro,
I just sold my OAN** shares earlier today only to see it go back on full bid moments later.

Me: No need to live in regret dear. You can always allocate the sales proceeds to other value accretive coy and still make some decent return.

Kabiru: I hold some small stake in TRANSC***. Would it be ok to exit now?
Your advice will be well appreciated.

Me: As long as you are following through with your trade set-up, you should be ok... but may OAN** not happen to you in TRANSC***.
Just follow your instinct.

# Name has been changed.

CAVEAT: NOT to be interpretated as any sought of investment advice.

yMcy56:

Femi Otedola becomes the 2nd largest shareholder in Transcorp Plc.

https://nairametrics.com/2023/04/12/breaking-femi-otedola-acquires-5-52-of-transcorp-plc/

Some folks probably overlooked that post above from near 2 weeks ago.
Let's see what Mr Time will do in the days ahead.

#Transcorpinflow

CAVEAT: NOT to be inferred as any sought of recommendation.

It is well.

perfectgen:
Add Forte oil; I dodnt only take a haircut on that stock, I became bald; all the way from.162 naira entry price to selling it at 19 naira.

Couldn't help laughing out load.
...very funny indeed.

Take it easy bro!
I sincerely hope you recover your loses with time.
Regards

yMcy56:

My mind went straight to Madam Anjilgreat as I see this question. It's been discussed here before.....
Chai!! Many active monikers in the past have remain anonymous and in ghost mode these days.....

See below:

My sell today was sell at 1.263 and checked my previous buy it was .921 from morgan.will check that of the other broker when I get the sale mail

perfectgen:
Add Forte oil; I dodnt only take a haircut on that stock, I became bald; all the way from.162 naira entry price to selling it at 19 naira.

That is why I call them wolves. I benefited once.i bought at #30 and sold at #290.Then bought again at #13.And they must pay me #25 for the buy out

Please who has recently submit a application for dividends on his/her stock and received dividends? Can you share the process. I made an application through my registrar and did not receive any response.
Thanks

[quote author=yMcy56 post=122474033]
My mind went straight to Madam Anjilgreat as I see this question. It's been discussed here before.....
Chai!! Many active monikers in the past have remain anonymous and in ghost mode these days.....




Good evening madam, am still very much around here.

Weldone for the good job and contribution you and others are doing here.

Seed has been sown in different stocks, just waiting for the dividends to keep flowing in.

Thanks for the mention. Hope you are doing great?

LoL.
Price of Forte Oil (AfricanPetroleum) came down the way it went up. What was AP's price before the take over? If you know, you know...

perfectgen:
Add Forte oil; I dodnt only take a haircut on that stock, I became bald; all the way from.162 naira entry price to selling it at 19 naira.

Streetinvestor2:
My sell today was sell at 1.263 and checked my previous buy it was .921 from morgan.will check that of the other broker when I get the sale mail

Checked recent charges and remembered that VAT was later introduced and trade alert charges is up with 0.10k.....

Here's the Updated charges:
Buying charges: 0.88% + N4.30 SMS charges
Breakdown:
Broker's Commission: 0.500%
SEC : 0.300%
Stamp Duty: 0.08%
VAT on Commission: 7.5%
CSCS Trade Alert: N4.30

Selling Charges: 1.225% + N4.30 SMS charges

** SMS fee is deducted per each transaction.....even if 1unit is executed, 4.30 will be deducted**

[quote author=anjilgreat post=122476873][/quote]
I'm fine. Thanks Madam.

I’ve been adding on more commercial papers than stocks to my portfolio recently.
Im wondering, has anyone ever done a bond vs stock result comparison for their portfolio over a period of say 10-15 years of the NSE.
Which performed better?
Equities like Zenith, Ucap etc yields are about 12-13% now. Bonds & Commercial papers are between 13 - 16%.
Which is better?

House with the proposed 90k dividend to be paid in few days time is UBA a bargain at the current price of #8.55k?

Please is anyone here using wealth.ng? What is your recent experience? Have they turned to scam? They've been ignoring me for weeks now.

Olaide1295:
I’ve been adding on more commercial papers than stocks to my portfolio recently.
Im wondering, has anyone ever done a bond vs stock result comparison for their portfolio over a period of say 10-15 years of the NSE.
Which performed better?
Equities like Zenith, Ucap etc yields are about 12-13% now. Bonds & Commercial papers are between 13 - 16%.
Which is better?

Some stocks return more than bonds, while some don't. And some stocks even dissappear completely. Not a straight answer that one will be better than the other.

yMcy56:

Femi Otedola becomes the 2nd largest shareholder in Transcorp Plc.

https://nairametrics.com/2023/04/12/breaking-femi-otedola-acquires-5-52-of-transcorp-plc/

** 5.52% translates to around 2.24B units.......the remaining OS/Free float is still on the high side sha.....will just keep eye on it**

What are these two men Otedola-Elumelu up to with Femi reportedly currently owning more Transcorp shares than Tony ?

Frangel:
My simple advice to the average investor on NGX is to have a simple plan of thinking long term, buying good quality stocks that pay dividends regularly and reinvesting the dividend. Buy more when you can add more funds. You would have grown a good portfolio over the years. Be disciplined with reinvesting your dividend.

An investor that bought 1000 units of GTBank@N5.10 at the IPO in 2001, would have shares worth about N170k now and received over N172k as dividends to date. An investor that bought Presco at about N10 around 2008, would have it at N150 per share today (not recognizing dividends paid o).

Please leave the complex strategies for those that might know how, until you learn better. They don't always win.

chai oceanic bank!!!! Long term investment sweet sha....2m down the drain. Invested more in that bank than zenith and stanbic during that time.

YoungBuffet:



Oga, leave those people abeg, a friend was telling me how he intends growing 20m in zenith bank to 300m In next 12yrs not waiting for dividend just buy at 19 sell at 26 take the money to MMF then reinvest again when The Price is lower then finally settle down for dividend of 20m yearly na that time my closed eyes open that I needed to buckle up oo. Since he opened my eyes I have been thinking on how massive wealth can be made by being smart

it is better looking at the new banks and pick the good ones from there for long term investment....some of the top banks now might not be around in the next 15 years.

BabsO2:


What are these two men Otedola-Elumelu up to with Femi reportedly currently owning more Transcorp shares than Tony ?

Tony Owns more shares in Transcorp through Heirs Holdings

yMcy56:

My mind went straight to Madam Anjilgreat as I see this question. It's been discussed here before.....
Chai!! Many active monikers in the past have remain anonymous and in ghost mode these days.....

See below:


UPDATED CHARGES :
Buying: 0.88% + SMS charges + VAT on Broker's Comm.
Selling: 1.225% + SMS charges + VAT on Broker's Comm.

Na this kind English they cause wahala for naija present elections. This + sms charge + vat on brokers commission. Has it been factored in the 0.88%/1.225% already or to be treated differently