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Nigerian Stock Exchange Market Pick Alerts - Investment (7237) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Boshins: 8:02am On Sep 05, 2023
otokx:
Will the strike affect the market?
if it affects d banks, then it will affect the market...if funds is not cleared, no transaction...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by edwardaigb: 8:08am On Sep 05, 2023
Shalom428:
More than 25 years of hardwork, investments, businesses, smart decisions and good luck.

Your words are so comforting to my heart. God Bless and keep us. Thanks brother.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Labdi69: 8:26am On Sep 05, 2023
hpymoment:


Thanks for your response but Morgan was the first I wanted to download but I didn’t see it on App Store. How do I get it?

Another thing, how do I get a broker to open account for me?

Just go to meritrade.com and click open account a d then fill out the details. The chn number is optional. You need to also upload id card, your signature on a piece of paper and a passport and utility bill. You can also upload a drivers licence or intl passport or nat id as utility bill. After that you fund your account by depositing in the designated account number snd you are good to go
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 8:33am On Sep 05, 2023
There's a rumour that when d afrexim loan secured by the federal govt sails through dat the price of dollars would crash, someone even told me it would get back to 700 region before starting to pick up again...............

Before anyone crucifies me for rumour mongering, this sentiment was reiterated again by a colleague of mine dat has been buying dollar since d days of #300 to a dollar..........

He was echoing his thoughts to me dis morning about selling half his dollar holding and converting to naira pending when d loan scales through,
Nigeria being d Nigeria we all know, it might take forever for the loan to scale through or d federal govt can change mind forget d loan

I now ask lets imagine dis loan scales through how will it affect d stock market
Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 8:41am On Sep 05, 2023
rmx:


You are sure 8m or 8k usd monthly will be enough to retire in the bahamas ?
Abeg make una allow the poor breathe ooo grin.

Well, yes, 8000USD is enough to retire in the Bahamas. However, just as any other place in the world, it largely depends on the individual's lifestyle, family size, where they decide to live on the island etc.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:50am On Sep 05, 2023
Streetinvestor2:
He needs to buy more Tippers.
I have oando and will buy more if cash becomes available but on future #20 projection max.I have made call on it in the past.My recommendations is not based on FA or TA.It is based on SA as per ceo relationship to townhall. And my targeted buy price for now will not be above #5.50 incase the buyout stands.

For wale you need long spoon
Sell OANDO and lose money.
the least price OANDO would attain in the next few months is N50! It has prospects to hit N100!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Ojoboak(m): 9:11am On Sep 05, 2023
yMcy56:

Clearing House Number (CHN) is not required for a new account.......
Rather, a CHN will be generated for you when your broker open a trading account for you.

* If you're a newbie to the market, I'll recommend Morgan Capital Securities Limited for you......
We have quite a lot of users who could attend to some of your enquires here.

Your existing Clearing House Number (CHN) is required when you want to open account with a new stockbroking firm. This help to tie all your stockbroking accounts to only ONE CSCS account, which you can subscribe to view statuses of your account with all your stockbrokers.
Not supplying that information to your new stockbroker, will lead to opening of a new CHN for you.
Supply this information to Morgan, and your account will be connected to it.
Hope I have help a bit.

4 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Labdi69: 9:15am On Sep 05, 2023
Ojoboak:


Your existing Clearing House Number (CHN) is required when you want to open account with a new stockbroking firm. This help to tie all your stockbroking accounts to only ONE CSCS account, which you can subscribe to view statuses of your account with all your stockbrokers.
Not supplying that information to your new stockbroker, will lead to opening of a new CHN for you.
Supply this information to Morgan, and your account will be connected to it.
Hope I have help a bit.

How long does it take to open a CSCS account please?
Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 9:28am On Sep 05, 2023
hpymoment:


Thanks for your response but Morgan was the first I wanted to download but I didn’t see it on App Store. How do I get it?

Another thing, how do I get a broker to open account for me?

Morgan does not have an app. It's only web portal they have. Just google Morgan Capital Securities Limited and browse through. You will see their contact and how to open an account better still you can just mail their customer requesting to open an account and details of how to go about will be mailed to you.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by hpymoment(f): 9:34am On Sep 05, 2023
Labdi69:


Just go to meritrade.com and click open account a d then fill out the details. The chn number is optional. You need to also upload id card, your signature on a piece of paper and a passport and utility bill. You can also upload a drivers licence or intl passport or nat id as utility bill. After that you fund your account by depositing in the designated account number snd you are good to go

Thank you so much. I have done that.
Re: Nigerian Stock Exchange Market Pick Alerts by hpymoment(f): 9:36am On Sep 05, 2023
freeman67:


Morgan does not have an app. It's only web portal they have. Just google Morgan Capital Securities Limited and browse through. You will see their contact and how to open an account better still you can just mail their customer requesting to open an account and details of how to go about will be mailed to you.

Ok. I have opened with Meritrade cos I wasn’t able to find their app. Thank you
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:36am On Sep 05, 2023
Pennystockwarri:
PZ Cussons Nigeria yesterday disclosed its parent company intends to buyout minority or retail investors at ₦21 a share.

After that, the company will be delisted from the @ngxgrp Depending on what price an investor got in, that's either going to be a loss or a massive gain.

To me, it was a smart move by the parent company. The depressed exchange rate has made many businesses denominated in naira very cheap. Many people don't understand the full impact that the exchange rate and subsequent crazy inflation have had on the naira. It's like buying a business for one-third its original price. A good deal for the buyer, and a bad deal for the seller who gets a bunch of naira bills that are now worth far less. LOL.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:36am On Sep 05, 2023
seyisanya:
Abeg make una allow the poor breathe ooo grin.

Well, yes, 8000USD is enough to retire in the Bahamas. However, just as any other place in the world, it largely depends on the individual's lifestyle, family size, where they decide to live on the island etc.
How many Nigerians in America make 8k a month

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:46am On Sep 05, 2023
Streetinvestor2:
How many Nigerians in America make 8k a month

The median income in the usa is less than $40k per annum. Most Nigerians should logically be below the median income.

Re: Nigerian Stock Exchange Market Pick Alerts by Labdi69: 9:54am On Sep 05, 2023
hpymoment:


Thank you so much. I have done that.

Alright next is to wait for them to create a cscs account for you.
Re: Nigerian Stock Exchange Market Pick Alerts by hpymoment(f): 9:58am On Sep 05, 2023
Labdi69:


Alright next is to wait for them to create a cscs account for you.

Is the email sent to me containing an account number the same as cscs account?

They said I can fund my account using the account number given to me as a reference number. Thanks for your help.
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 10:10am On Sep 05, 2023
phoinix:


To me, it was a smart move by the parent company. The depressed exchange rate has made many businesses denominated in naira very cheap. Many people don't understand the full impact that the exchange rate and subsequent crazy inflation have had on the naira. It's like buying a business for one-third its original price. A good deal for the buyer, and a bad deal for the seller who gets a bunch of naira bills that are now worth far less. LOL.

Exactly, at just £23m they are buying all the assets of the company. They can asset strip some assets and consolidate, also easier to evade taxes, it makes perfect sense for them
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:16am On Sep 05, 2023
mikeapollo:

Sell OANDO and lose money.
the least price OANDO would attain in the next few months is N50! It has prospects to hit N100!

Why argue with those that are blatantly annoyed they missed out the national cake.
.
For now the BARGAIN HUNTERS should enjoy the Super Jolly Ride till OANDO is available on the floor we will then know the next line of action.

*ThE OcToPuS*

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:22am On Sep 05, 2023
Streetinvestor2:
How many Nigerians in America make 8k a month


Making $8000 every month from hustling or 9 to 5 job is different from making it from rent, dividend, coupon, interest, royalties.


Passive income, is making money while sleeping.


The asset or investment will continue to make money when we are dead

11 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:24am On Sep 05, 2023
LOL. To get to 8 million naira per month, it is very achievable if there is a good plan and a fair amount of luck. 8 million naira per month is 96 million naira per year. The dude claimed that a 25-year bond is giving him that 96 million naira per annum, assuming a 14% yield. This means that he has a principal of 685 million naira.

From 2020 to the present, 2023, a very astute investor would have multiplied his money by 14 times just by following tips from the top-rated gurus on this forum. Let's assume that he has been investing for years prior to 2020 and had built up about 50 million naira.

In 2020, OGG, CP, and many others pointed out UCAP, which was trading below 3 naira. If he had invested his entire 50 million naira in UCAP, he would have multiplied his money by 4. I know this because my UCAP is almost 5 times what I invested. This would have brought his total to 200 million naira. There is enough liquidity in the market, so there would be no problem with this.

Early this year, CP, PA Emma, and many others pointed out the immense potential of Dangsugar when it was trading at 17 naira. After doing his due diligence, he would have invested his 200 million naira in Dangsugar, which is now 4 times its value. His money should now be 200 million naira x 4 = 800 million naira. If we take into account the fact that he may have entered the market a little late, 685 million naira is still a feasible amount.

You may argue that this is a very remote case, but he could be the one in a million who did just that. LOL

11 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:25am On Sep 05, 2023
PETERiCHY:


Why argue with those that are blatantly annoyed they missed out the national cake.
.
For now the BARGAIN HUNTERS should enjoy the Super Jolly Ride till OANDO is available on the floor we will then know the next line of action.

*ThE OcToPuS*
You speak from the two sides of your mouth joor

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:25am On Sep 05, 2023
Peter !! pls OANDO must go to N300 oo
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:31am On Sep 05, 2023
Ekuu Mkt o

grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 10:34am On Sep 05, 2023
currentprice:
Ekuu Mkt o

grin grin grin
Boss, the Kobo stock you hinted the last time kwanu cry... Epp us
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:35am On Sep 05, 2023
phoinix:
LOL. To get to 8 million naira per month, it is very achievable if there is a good plan and a fair amount of luck. 8 million naira per month is 96 million naira per year. The dude claimed that a 25-year bond is giving him that 96 million naira per annum, assuming a 14% yield. This means that he has a principal of 685 million naira.

From 2020 to the present, 2023, a very astute investor would have multiplied his money by 14 times just by following tips from the top-rated gurus on this forum. Let's assume that he has been investing for years prior to 2020 and had built up about 50 million naira.

In 2020, OGG, CP, and many others pointed out UCAP, which was trading below 3 naira. If he had invested his entire 50 million naira in UCAP, he would have multiplied his money by 4. I know this because my UCAP is almost 5 times what I invested. This would have brought his total to 200 million naira. There is enough liquidity in the market, so there would be no problem with this.

Early this year, CP, PA Emma, and many others pointed out the immense potential of Dangsugar when it was trading at 17 naira. After doing his due diligence, he would have invested his 200 million naira in Dangsugar, which is now 4 times its value. His money should now be 200 million naira x 4 = 800 million naira. If we take into account the fact that he may have entered the market a little late, 685 million naira is still a feasible amount.

You may argue that this is a very remote case, but he could be the one in a million who did just that. LOL

single stock investors shocked.. the issues is when money become large fear of buying single stock set in

grin grin grin grin

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:37am On Sep 05, 2023
NSE has done pple good this year sha, a friend who will rub mind together on syock to buy was happy to share his gain with me yesterday...

wow! see money

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Labdi69: 10:42am On Sep 05, 2023
hpymoment:


Is the email sent to me containing an account number the same as cscs account?

They said I can fund my account using the account number given to me as a reference number. Thanks for your help.

No that account number isn’t same as a cscs number and you can’t trade with it yet but you can fund it.

Next step is they will create a cscs account for you and link it to that number you got. Then you can now trade with it. You’re one step away snd the next action is theirs after you have paid the 10k which will be credited to you .

They will email you soon about the cscs or you can follow up

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:46am On Sep 05, 2023
currentprice:


single stock investors shocked.. the issues is when money become large fear of buying single stock set in

grin grin grin grin

Yes, the fear... If you have noticed, the guy comes here many times a day to champion Dangsugar with phrases like "follow the money" and so on grin. Why do you think he is doing that? Fear! It is his way of battling fear. cheesy

I have also learned that to benefit from a stock, you need to put in good money. I used to diversify a lot, investing 1 million naira here and 2 million naira there. But now, I prefer to put the bulk of my money in one place after doing serious analysis and praying. embarassed

12 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:50am On Sep 05, 2023
megawealth01:
You speak from the two sides of your mouth joor


You are among those that sold their GOLD/OANDO and bought CLAY/INTERBREW.
So I perfectly understand your grievance.

Sorry better luck next time. grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:50am On Sep 05, 2023
Dangsugar, why are you slowing down? Zenith is also taking a toll on my portfolio. LOL

Re: Nigerian Stock Exchange Market Pick Alerts by Stan2330(m): 10:55am On Sep 05, 2023
Pls any stock screener website for nigerian stock?
Re: Nigerian Stock Exchange Market Pick Alerts by hisexcellency34: 11:00am On Sep 05, 2023
Oando that can't even do 10 percent today on NSE despite the Agip Naoc announcement. Wale na scammer
veecovee:
Peter !! pls OANDO must go to N300 oo

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