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Nigerian Stock Exchange Market Pick Alerts - Investment (7367) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 10:25am On Nov 22, 2023
lexy2lexy:
Anyone yet to receive Okomu Oil interim dividends?
not yet on my end.

@streetinvestor2 i just reached out to a friend to get response on the current info about the other charges pertaining direct cash settlement . I will have it here as soon as i get response to avoid confusion / wrong information.


Update Nov 24: @streetinvestor2 Fee Structure

Fees (%). Buy Side Sell Side

NGX Fees 0 0.3%

CSCS Fees 0.3% 0.3%

SEC Fees 0.3% 0

Stamp Duty 0.075% 0.075%

Brokerage Commission 0.75 –1.35% 0.75 –1.35%

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:34am On Nov 22, 2023
iuote author=femu post=127102862]

Do you do US stocks?

If yes, compared with Naija stocks which is better? [/quote]



I invest in what I understand and have more than an average knowledge of. I do Eurobond Fund instead

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 10:44am On Nov 22, 2023
ololufemi:


Greetings to Oga RabbiDOracle, who predicted this height being attained on the floor of the stock market. I just hope all is well at his end because he has been on silent mode for some time.

Blessings to all the Ogas and gurus on this platform. cool

I just remembered him this morning too.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:49am On Nov 22, 2023
agbanimu11:
Good morning great investors. Please kindly advice me on Veritaskap stock. Can i going because I'm still novice on stocks.
What's your risk appetite like?
If you no get shock absorber, jejely go and buy NASCON or Dangsugar and wait it out.
If you want Veristakap, you can play with small change.
I no fit shout or shalaye for here o. smiley

UNITY Bank is however due to merger news.......
You can wait for pullback there to pick some if interested or looking for penny stocks.
* JAIZ Bank also.........@1.60 or below...... before dem go come for it.

4 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:51am On Nov 22, 2023
grin
yMcy56:

What's your risk appetite like?
If you no get shock absorber, jejely go and buy NASCON or Dangsugar and wait it out.
If you want Veristakap, you can play with small change.
I no fit shout or shalaye for here o. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:09am On Nov 22, 2023
megawealth01:
grin
Abi nah. grin

Meanwhile, SEPLAT still showing strengt at circa 2k
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:21am On Nov 22, 2023
yMcy56:

Abi nah. grin

Meanwhile, SEPLAT still showing strengt at circa 2k

SEPLAT is a blood money... Wetin I bought then 300+ grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:22am On Nov 22, 2023
yMcy56:

What's your risk appetite like?
If you no get shock absorber, jejely go and buy NASCON or Dangsugar and wait it out.
If you want Veristakap, you can play with small change.
I no fit shout or shalaye for here o. smiley

UNITY Bank is however due to merger news.....
You can wait for pullback there to pick some if interested or looking for penny stocks.
* JAIZ Bank also......@1.60 or below........ before dem go come for it.

Bank stocks are getting serious attentions
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:26am On Nov 22, 2023
May life not tire OANDO grin
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:35am On Nov 22, 2023
megawealth01:
Bank stocks are getting serious attentions

GTB @37.80...... Up with +0.50k as at now...
Exhibiting some strength since market opens....
Any news?
Re: Nigerian Stock Exchange Market Pick Alerts by sboga: 11:38am On Nov 22, 2023
now dat you all don finish sucking such others dicks

remember

#valemustvomit dis oando
Re: Nigerian Stock Exchange Market Pick Alerts by sboga: 11:39am On Nov 22, 2023
dis disemba gon dirty
Re: Nigerian Stock Exchange Market Pick Alerts by Frangel: 11:40am On Nov 22, 2023
Streetinvestor2:
You don't get me.The total sales was actually #65,100 after deduction of #826.19 for commission. My net proceeds was #64,273.81.Then cscs direct settlement still took about #600 from the money to pay me #63,679.7.
And I am asking is that how the direct settlement thing works.is this charge fixed or by percentage. Abi na another tax on the money

I don't think there's any extra charge for direct settlement.

Total cost of transaction in this case is about 2.3%. Commission by your broker is 1.35%. Other charges are the same, irrespective of broker.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 11:40am On Nov 22, 2023
yMcy56:

What's your risk appetite like?
If you no get shock absorber, jejely go and buy NASCON or Dangsugar and wait it out.
If you want Veristakap, you can play with small change.
I no fit shout or shalaye for here o. smiley

UNITY Bank is however due to merger news.....
You can wait for pullback there to pick some if interested or looking for penny stocks.
* JAIZ Bank also......@1.60 or below........ before dem go come for it.

Jaiz RI is @1.00 if I am not mistaken. Tread with caution.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by MeezPat(f): 11:49am On Nov 22, 2023
What is RI
KayOn1:


Jaiz RI is @1.00 if I am not mistaken. Tread with caution.
Re: Nigerian Stock Exchange Market Pick Alerts by MeezPat(f): 11:51am On Nov 22, 2023
Sorry to digress, Please how do you source USD in buying eurobond ...Thank you
emmanuelewumi:
iuote author=femu post=127102862]

Do you do US stocks?

If yes, compared with Naija stocks which is better?



I invest in what I understand and have more than an average knowledge of. I do Eurobond Fund instead
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 11:53am On Nov 22, 2023
Those of you who listened to our call on insurance stock, your time has come.

There is one unpopular stock.
When I checked the Q3 finsncisls,I found the stock very attractive at the current price.
The stock has about 890m os and a free float of less than 200m.
Currently selling at #1.
This stock is finishing this financial year end very strong.Those who are willing can play it for 3 -6 months and expect a 50-75% returns.
Decode it now and play.

One thing is I don't have this stock and I am looking to get 10m units of it.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:57am On Nov 22, 2023
Locotrader:
Those of you who listened to our call on insurance stock, your time has come.

There is one unpopular stock.
When I checked the Q3 finsncisls,I found the stock very attractive at the current price.
The stock has about 890m os and a free float of less than 200m.
Currently selling at #1.
This stock is finishing this financial year end very strong.Those who are willing can play it for 3 -6 months and expect a 50-75% returns.
Decode it now and play.

One thing is I don't have this stock and I am looking to get 10m units of it.

So you don dey advertise sunu wey you follow bad mouth when I started buying it back then? grin

Las las everyone is master of their portfolio..
No one should call anyone out if anything happens in this space
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 11:59am On Nov 22, 2023
MeezPat:
What is RI
Rights Issue.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:00pm On Nov 22, 2023
megawealth01:


SEPLAT is a blood money... Wetin I bought then 300+ grin
You never see anything. I hear from voice of rumour say them dey consider either bonus or rights.
Rumour also say dey also plan separate oil from gas division, something like unbundling.

If and When all these go happen I no know.

But the recent rise in price is down to the ANOH gas project which is almost set for commissioning.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 12:01pm On Nov 22, 2023
megawealth01:


So you don dey advertise sunu wey you follow bad mouth when I started buying it back then? grin

Las las everyone is master of their portfolio..
No one should call anyone out if anything happens in this space

Not sunu, not even insurance stock.
Not a popular stock.
Not even available in all the platforms.
Only available in robust platforms
You self suppose know the stock
Toast has the stock.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:03pm On Nov 22, 2023
Locotrader:


Not sunu, not even insurance stock.
Not a popular stock.
Not even available in all the platforms.
Only available in robust platforms
You self suppose know the stock
Toast has the stock.

I don decode nwanne
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 12:06pm On Nov 22, 2023
megawealth01:


I don decode nwanne

I dey try for people oooo.
They no even allow me get am
Already on full bid @ 1.06
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:09pm On Nov 22, 2023
Locotrader:


I dey try for people oooo.
They no even allow me get am
Already on full bid @ 1.06

Funny enough when I started buying it they were on full offer for 5 days straight at 0.87-9+ and na just last week and this Monday ooooo

For you to get upto 10m na if you wan do cross deal because it's not yet liquid enough except na days you want to use in acquiring it but that's if offers dey sha
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:12pm On Nov 22, 2023
KayOn1:
Jaiz RI is @1.00 if I am not mistaken. Tread with caution.
Did you forget that Rights Issues are discounted?
Besides, the allotment was 87:250 (i.e. 87 new issues for every existing 250 units).....
Going by the financials, JAIZ is undervalued at CP

JAIZ as a banking stock with good financials should not be trading below N2!

Looking at the Rights, that's around X 2.87%
invariably, Jaiz should be trading at circa N2.8 self.
Lol. Make una no miñd my quark shortcut calculations. smiley

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:14pm On Nov 22, 2023
yMcy56:

Did you forget that Rights Issues are discounted?
Besides, the allotment was 87:250 i.e. 87 new issues for every existing 250 units.....
Going by the financials, JAIZ is undervalued at CP

Newbies suppose dey pay you for helping them with vital info

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 12:16pm On Nov 22, 2023
megawealth01:


Funny enough when I started buying it they were on full offer for 5 days straight at 0.87-9+ and na just last week and this Monday ooooo

For you to get upto 10m na if you wan do cross deal because it's not yet liquid enough except na days you want to use in acquiring it but that's if offers dey sha


Smart people rushed the stock.
Some people have their fingers on the mouse looking for recommendations.
It's well.
Those who got the stock will make some money in a short while sha
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 12:18pm On Nov 22, 2023
yMcy56:

What's your risk appetite like?
If you no get shock absorber, jejely go and buy NASCON or Dangsugar and wait it out.
If you want Veristakap, you can play with small change.
I no fit shout or shalaye for here o. smiley

UNITY Bank is however due to merger news.....
You can wait for pullback there to pick some if interested or looking for penny stocks.
* JAIZ Bank also......@1.60 or below........ before dem go come for it.

There's no manipulation going on in penny stocks. If I am bringing foreign funds, it will be better to buy an existing business in Nigeria.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:20pm On Nov 22, 2023
Frangel:


I don't think there's any extra charge for direct settlement.

Total cost of transaction in this case is about 2.3%. Commission by your broker is 1.35%. Other charges are the same, irrespective of broker.
The total commission and charges by Morgan was the #826.19 from Morgan as per invoice sent.i want to know why cscs direct settlement still removed about #600 from my net balance
Re: Nigerian Stock Exchange Market Pick Alerts by MeezPat(f): 12:24pm On Nov 22, 2023
This has not been approved yet by sec right ...Been waiting for more info on the rights issue
yMcy56:

Did you forget that Rights Issues are discounted?
Besides, the allotment was 87:250 i.e. 87 new issues for every existing 250 units.....
Going by the financials, JAIZ is undervalued at CP.

If OMATEK with poor result could be trading @1.14 as at today, JAIZ as a banking stock with good financials should not be trading below N2!

Na same way people wrote off UNITY be that o. Who are those queing up to buy now?
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 12:24pm On Nov 22, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 12:24pm On Nov 22, 2023
yMcy56:

Did you forget that Rights Issues are discounted?
Besides, the allotment was 87:250 i.e. 87 new issues for every existing 250 units.....
Going by the financials, JAIZ is undervalued at CP.

If OMATEK with poor result could be trading @1.14 as at today, JAIZ as a banking stock with good financials should not be trading below N2!

Na same way people wrote off UNITY be that o. Who are those queing up to buy now?

Going by the financials, it is undervalued for sure. It's definitely not a bad one, only pointing out what you possibly forgot.

** I do have JAIZ

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