BullBearMkt:

...you're correct! It should be Accountants. I have one as a sister! She's... OMG!!!

You mean she's stingy? If she is then na accountant she be... Or na her background sha but bankers naturally are wasteful and always like flashy lifestyle... This is the norm... The percentage is 80% etc are flashy then the remaining 20% are stingy etc but at the end we both enjoy the good life because you have access to monies sha

Today's market will be determined by greed and fear.Many are coming to the market today to dump if the market is not looking good.
Yesterday, people with direct market access was able to sail through without being trapped.Today lots of sell orders are on the brokers table waiting execution at market prices.If the buy order can outweigh the sell, we will have a good ending today.

Panic sellers take note.

locodemy:


A staff of a bank exposing himself to the stock market.Hmmm how much do you earn as a banker to be exposed so high in almost all the stocks?
Loco is a humble business man.Dealing on computers and accessories.No one can question my source of income

Who told you that bankers don't do big businesses? Some bankers are heavily involved in big businesses that even normal business people won't have funds for so take a chill pill

megawealth01:
Who told you that bankers don't do big businesses? Some bankers are heavily involved in big businesses that even normal business people won't have funds for so take a chill pill

Make them catch you, you go vomit.

locodemy:


Make them catch you, you go vomit.

This platform is faceless unless seun want try fuckup

megawealth01:
This platform is faceless unless seun want try fuckup

eziokwunwoko:
Please what is the best way can one use meristem online, i deposited money into their account yesterday, hoping to trade , only to be told T+1 day.
Today , money is not yet showing in my account.
Please what way can i deposit money and it reflect immediately for trading.

I thought they created virtual accounts for direct transfer to direct credit of wallets on the platform.

What means or rather how did you deposit the funds.?

Speculations everywhere... Market has a way of disappointing speculators

I said it here three weeks ago that there is likely to be a merger of Dangote companies. Now it has happened

Dangotesugar + Nascon + Dangotesugar Rice

@locodemy, you have done nothing wrong. you warned earlier at the start of the rally that whoever lost money on these stocks is greedy. I hold on to that point.
Now nobody has lost any money in Japaul and cham, so what is the issue. Look at kolaish approach, he entered and leave early, he did the same thing for transacorp. One of my mentor use to say - he did not want to make all the money in the market, his target is 20%, if there is a rally he will start offloading at 40% profit. I entered FTN cocoa at 0.33k, once it pull back to 66k, i exit at 72k without regret. Same at RT briscoe. If you want to ride the rally to its peak then you must constantly monitor the market.

Please because of we your followers please continue to point us stocks to trade.
Thanks

locodemy:


Thank you.
I may not point a stock here again because I have seen that people are always after me.
A stock that delivered almost 400% profit from the day I pointed it yet you are waiting for me to tell you to sell or tell you I will sell.
This morning I saw the strength in the stock(Japaul) and even posted the screenshot to show I am right telling you to hold Japaul.
All of a sudden, a mighty wind came and begin to swallow the bids.If not coolcash who alerted me here,I would have ended up selling at the offer prices.
I still noticed that any Nsempa who didn't sell Japaul at 1.21kobo today is a greedy person because the stock was so liquid at 1.21 till market close.
If you sell at 1.21,is it a crime?
Must you sell at 1.47?
Let's learn to appreciate because no one forces me to point a stock.If I keep it myself, it will still move but I like sharing things in common.
We still have time to learn.Let today be a good day for lesson.

Cation:
Good morning bosses. Pls what does edmms processing fee for registrar mean?. I was debited by my bank.

Electronic Dividend Mandate Management System. You recently submitted e-dividend mandate form(s) through your bank.

customstreet:
I said it here three weeks ago that there is likely to be a merger of Dangote companies. Now it has happened

Dangotesugar + Nascon + Dangotesugar Rice

This one na go be o
Both of them roughly same price.

customstreet:
I said it here three weeks ago that there is likely to be a merger of Dangote companies. Now it has happened

Dangotesugar + Nascon + Dangotesugar Rice

Good morning sir. Please what does this mean for DangSugar shareholders?

I think we can now categorize various stocks into Liquid, Viscous, Illiquid and Rigid Stocks.

I put a stock like Daarcom under rigid as they non de move

megawealth01:
Na man you be

Everyone knows BBM is not a monkey hunter..

customstreet:
I said it here three weeks ago that there is likely to be a merger of Dangote companies. Now it has happened

Dangotesugar + Nascon + Dangotesugar Rice

DANGOTE wants to copy BUA Foods.

FMW should also Merge Honeywell + NNFM +Golden penny

Laso09:


Everyone knows BBM is not a monkey hunter..

Calm down... Who monkey wan hunt?

Na some people dey make men no dey bring updates come here

I said it.we at Nsempa that has direct market access are so lucky yesterday.
Today, people have come with trucks fully loaded of offers.

customstreet:
FMDQ LAUNCHES FIRST ETD OF ITS KIND

I was there yesterday representing my firm. It was colorful. The platform is for DM and TM only. We have the following as the DM:

1 . Access Bank
2. Zenith Bank
3. Wema bank
4. Sterling Bank
5. Stanbic IBTC

Aside this, we have 17 firms of TM of which my firm is one. The derivatives are:

1. Federal Government Bond futures

2. Dollar-Naira FX non deliverables contracts.

The underlying
Asset for the first derivatives product are basket of FGN Bonds ranging between maturity of 2 years and 30 years

The second product has $/Naira as the underlying assets

We will get there

The asset class is just derivatives. Just like you make gaaari from cassava. Gaaari is derivatives while cassava is the underlying asset. Like I said earlier FMDQ now have two separate markets for trading Federal Govt Bond and currency. One is spot market where you can actually buy and sell govt bonds ranging from 2 years to 30 years. The second is FX market where you can buy and sell FX.

To hedge those risk attached to those instruments In cash market, then derivatives market was introduced

Not that that is only two instruments that can be traded on FMDQ spot market, we have several of them. Only that two derivatives were picked to start with.

To deal in those two instruments, you must be extremely good in forecasting interest rate and FX. It is a big market that can run into trillions in a day transaction in the future if they get it right.

Just like NGX, FMDQ is the exchange where those cash market and derivatives market instrument are traded

Just like CSCS, FMDQ called their own CCP and it is called FMDQ Clear

Just like CSCS that combined both clearing and depository together, FMDQ separate their own and have another segment called FMDQ Depository

Just like a stockbroking firm whose is a dealing/Brokerage firm is called in NGX, the trading participants in FMDQ is called trading member

Just like each stockbroking firm has a bank that settled trade, FMDQ called it’s own is called Dealing member and they settle futures trade.

But remember, the minimum amount to trade with is N50,000,000 of which your initial margin is 10% deposited in your margin account

So How do we make money from all this?

customstreet:
I said it here three weeks ago that there is likely to be a merger of Dangote companies. Now it has happened

Dangotesugar + Nascon + Dangotesugar Rice

Oga you for allow me buy my sugar in peace,lol.You see watin you dey cause me now

If you want Jump out of JAPAUL now is the time.

Heishere:


So How do we make money from all this?

Buy NASCON as its price pursues DANGSUGAR's. It is expected to reach 40 or more.

Sellers not as much as yesterday

ositadima1:


Buy NASCON as its price pursues DANGSUGAR's. It is expected to reach 40 or more.

Is this a recommendation?

OBAGADAFFI:
If you want Jump out of JAPAUL now is the time.

They won't na... Na to blame their supposed monkey hunters they sabi

If you are still in japaul or chams till now... You are a gambler and shouldn't blame me ooooo as I tell people that I be gambler so you'd face the consequences either good, bad or best

ositadima1:


Buy NASCON as its price pursues DANGSUGAR's. It is expected to reach 40 or more.

But how about DANGSUGAR?

Streetinvestor2:
Oga you for allow me buy my sugar in peace,lol.You see watin you dey cause me now

Oga, the price is still not bad. I might sell something and buy more, source for money, or even take out loans.

sterlingD:

But how about DANGSUGAR?

Both are moving.

ositadima1:


Oga, the price is still not bad. I might sell something and buy more, source for money, or even take out loans.

ha!
Though NASCON has potential to rise further, but does it worth taking loan?

ositadima1:


Buy NASCON as its price pursues DANGSUGAR's. It is expected to reach 40 or more.

Already bought Dangote Sugar yesterday. And I am heavy in it. Why do you think NASCON is better?

AllBusiness:
So how do i invest my N4m now? I only have stanbic IBTC money market fund

ositadima1:


Bro, you're late to the party! I recommend buying Dangsugar stock without hesitation if you can get it at todays close or lower as it still pack value.

I bought more of it this morning when it was selling below yesterday's close. Some people were even lining up to buy it at a lower price, but I didn't waste any time and bought it at 22.85. By the afternoon, it was in full bid. Even if the market is red tomorrow, you can still keep the stock and collect the dividend.

The dividend payout was just 33%, meaning that they only paid out 33% of their earnings. Dangcem pays out more than 80% of its earnings, so it's likely that if Dangsugar's earnings continue to grow, the dividend will double or more. Of course, you should still do your own due diligence.

ositadima1:


Oga, the price is still not bad. I might sell something and buy more, source for money, or even take out loans.

I have already 10m bid ahead of me.i was already averaging up to #20 .I have been on #18 plus.It is one of my retirement stocks for dividend and wapco