IYGEAL:


On this thread lots of people use them. I have other brokers but of course I favour Morgan Capital.

In terms of daily market price list and reports, I have to give it to Investment-One. You don't need to download any pdf to view their colourful market report with clear closing prices and percentage gains/losses. They even improved it late last year after adopting a newer model that didn't look good. I guess their core clients complained and they brought back the old interface and improved it. I only have first bank shares bought at around 3 or 4 naira in 2020 with them

Morgan Capital won my heart with their iTrade platform and because that's the first broker someone introduced me to when I was trying to start stock market plays. They were charging the lowest fees too; I think they still do but they increased their initial fees by 50%.

Thanks bro

Mills55:
Please Oracle you need to come back from the Caribbean Beach. The holiday is over. We have really missed. I remember your pointers that came through, which I'm one of the beneficiaries.

We miss your analysis and Peter your friend with his meme. This place used to be fun and business as well.

Peter is always here na

Idrismusty97:
Please how long does it typically takes for Afrinvest to do this? I reached out to them and they said 72 hours, it's way more than that by my calculations. Despite several reminders.

Drop your name on a dead thread, I'll speak to someone.

War going on in Gaza, yet Gaza women still getting pregnant. How people who are running upandan to escape Israel bombs still have time to do the do, is the 8th wonder of the world.

The user interface of Afrinvest is not cool at all when compared with Meristem. But I still prefer their portal and services than that of Meristem.

Zagee:
Be like say na Insurance dey hot oh. Access Bank acquired one. Could this be there era

.

essentialone:
The user interface of Afrinvest is not cool at all when compared with Meristem. But I still prefer their portal and services than that of Meristem.

Meristem has no issues. Even God forbid anything happens, family doesn't need to inform them, just to email them and ask that the shares are sold and money is sent to your account( especially the one being usually used).

Talking from at least 7 yrs with them after leaving good, old Options Security( hasn't really digitalised).

They even have WhatsApp contact, weekly updates and analysis which they send to one's email....

Apel Asset too is doing a good job( doubles as Registrar).

emmanuelewumi:



Be careful. Transcorp hotel made a revenue of N31 billion in 2022, assuming Transcorp will make a revenue of N50 billion in 2023.

At a market capitalization of N1 Trillion, that is at a multiple of 20 compared to the revenue which is on the high side


Even BUA foods at the current price should have a market capitalization/ revenue of 10 which is high..

Price/Sale ratio of 3 and below is better depending on the industry the maximum should be 5.


At a Price/Sale ratio of 20 for Transcorp hotel, it will take 20 years for payback assuming all the revenue was used to buy the company. The current PE of Transcorp hotel should be more than 50.


Enjoy the ride but don't be caught unprepared.


It is advisable to invest with figures

At a Price Sale ratio of 20, if the stock should have a net profit margin of 20% which is good enough the Price Earning ratio will be 100.


With a profit after tax of N4 billion from a revenue of N31 billion in 2022, that will be a net profit margin of 13%. We are assuming that the net profit margin will increase to 20% in 2023.

So the expectation of a PE of 100 at the current market price of N100 is in order

essentialone:
War going on in Gaza, yet Gaza women still getting pregnant. How people who are running upandan to escape Israel bombs still have time to do the do, is the 8th wonder of the world.

It is a bombastic orgasm

Agbalowomeri:


It is a bombastic orgasm

This is 2024, give your life to Christ

The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

If you talk now, they will say they have billions worth of structure in ikoyi, abeg sey na big building the customers wan chop abi quality services.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

I understand

MORGAN did worst last year... In my opinion it's advisable to have more than a broker...

I have more than a broker just that meritrade gives me what I love so I have most of trades there... I seldom use the other(s). I'll probably add one more broker to my list

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

If you talk now, they will say they have billions worth of structure in ikoyi, abeg sey na big building the customers wan chop abi quality services.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

People work for those companies, so it's not surprising. I see the way they were dragging other firms, while ignoring complaints. You don't have to get triggered over it

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

If you talk now, they will say they have billions worth of structure in ikoyi, abeg sey na big building the customers wan chop abi quality services.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

Join chapel Hill Denham,and you will never regret it. Chapel Hill also offers you a platform to invest on bonds, short term money markets, dollar portfolios and rest. Try them and appreciate me with a bottle of champagne.

Locotrader is a good man, though I don't do penny stocks. God Bless you.

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

If you talk now, they will say they have billions worth of structure in ikoyi, abeg sey na big building the customers wan chop abi quality services.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

I have been using Meristem for years now and have not had issues with them. They resond to my emails promptly, so you would not expect us to say otherwise. Before the recent migration to the new trading interface, i have never had an issue trading onlne.

Infact with the issue yesterday due to the migration, all I did was send an email with a price and they sold yesterday. If the platform did not work yesterday, it is understandable due to technical issues, and did you explore the option of sending an email.

Sometimes, I send an email and if i have delayed response, I call the CS and it gets attended to immediately. If you feel unsatisfied with their services its okay to move to another broker. I was also once trading with Morgan Capital and moved to Meristem.

The day I feel unsatisfied with them, I will port. Its your money and you deserve the best services you can get.

True

stcool:


I have been using Meristem for years now and have not had issues with them. They resond to my emails promptly, so you would not expect us to say otherwise. Before the recent migration to the new trading interface, i have never had an issue trading onlne.

Infact with the issue yesterday due to the migration, all I did was send an email with a price and they sold yesterday. If the platform did not work yesterday, it is understandable due to technical issues, and did you explore the option of sending an email.

Sometimes, I send an email and if i have delayed response, I call the CS and it gets attended to immediately.

Akpaamunsi:


Join chapel Hill Denham,and you will never regret it. Chapel Hill also offers you a platform to invest on bonds, short term money markets, dollar portfolios and rest. Try them and appreciate me with a bottle of champagne.

Guide him on how to move his holdings there shaperly

People who don't take risk don't make it BIG in the market......Do ur home work and take CALCULATED risks....I bring good tidings...

Well, kindly note that there is no perfect system anywhere, I have used some, so I can tell you. You can go ahead and try another platform also

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

Well, Kindly note that there is no perfect system anywhere, I have used most, and I can tell you that. Kindly go ahead and try other platforms.


If you talk now, they will say they have billions worth of structure in ikoyi, abeg sey na big building the customers wan chop abi quality services.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

Boshins:
The truth is some of these 'ogas' r not really making money from the market... knowing too much' sef na problem.. na so one of 'my oga' will be telling me...don't buy penny stocks, they r too risky, they r this, they r that...he is still struggling to make enough for himself......Too much Analysis...

There is an African proverb that goes: What an old man can see sitting down, the youth cannot see standing up. If you were in the market around 2006/2007, then you'll better understand your oga's point of view. Remember that in a bull market, everything goes green. You need to remain cautious and never let your guard down. Humility is a virtue!

seyisanya:
There is an African proverb that goes: What an old man can see sitting down, the youth cannot see standing up. If you were in the market around 2006/2007, then you'll better understand your oga's point of view. Remember that in a bull market, everything goes green. You need to remain cautious and never let your guard down. Humility is a virtue!

I always counter this particular statement as a member of a rebellious generation with "AI go run am"

seyisanya:
There is an African proverb that goes: What an old man can see sitting down, the youth cannot see standing up. If you were in the market around 2006/2007, then you'll better understand your oga's point of view. Remember that in a bull market, everything goes green. You need to remain cautious and never let your guard down. Humility is a virtue!

WISDOM

Boshins:
People who don't take risk don't make it BIG in the market......Do ur home work and take CALCULATED risks....I bring good tidings...

Those taking the huge risks and making fortunes are known as audio traders or bet9ja big boys

FG Strained To Meet 650m Barrels Target Over Crude-backed Loans

https://guardian.ng/news/fg-strained-to-meet-650m-barrels-target-over-crude-backed-loans/

Are you thinking what I'm thinking?

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

If you talk now, they will say they have billions worth of structure in ikoyi, abeg sey na big building the customers wan chop abi quality services.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

There now platform just looks fine but not well structured and non responsive, all through yday their app didn't work for orders at all.

Which app is the best to buy and sell Nigerian stock

Nobody is expecting a perfect system but they can't be worse as well, they must have some standard interms of service delivery that will differentiate them from others who charge less, I believed we are paying more for better services and not for popularity.

There is huge difference between popularity and quality.

Someone should tell me how to move from them abeg.

crownprince2017:
Nobody is expecting a perfect system but they can't be worse as well, they must have some standard interms of service delivery that will differentiate them from others who charge less, I believed we are paying more for better services and not for popularity.

There is huge difference between popularity and quality.

Someone should tell me how to move from them abeg.

No need to overflog this issue. Just pick a new broker and visit or reach out to them via email to open an account. Tell them you want to move your portfolio from Meristem, they would give forms to fill and you may possibly be required to write a letter authorizing that. Your new broker knows what to do.

Well, I think they have tweaked something on the site, as I just placed an order to sell and it went through, pending when market opens.

ojeysky:


There now platform just looks fine but not well structured and non responsive, all through yday their app didn't work for orders at all.