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Nigerian Stock Exchange Market Pick Alerts - Investment (7599) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:12pm On Feb 10
Hogwarthtrades:


RIP Wigwe. Thats wild! probably headed for the superbowl final viewing.. News may be related to this san bernadino news

https://www.nbclosangeles.com/news/local/helicopter-crash-california-nevada-border-san-bernardino-county/3336052/

Sad. We need God.. we need his covering.. we need to know his voice.. we need to obey him. Be sensitive to his spirit .. and always check and double check if we are still under the covering of the blood of the unblemished lamb of God... no way this was just an accident... great star cast down... ogun laye

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:16pm On Feb 10
Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 8:18pm On Feb 10
aj8:
The beginning of a bear market is simply smart money taking profits, then forcing prices down for a a new bargain. Once they hit their target price, they will make their entry and drive the price up again as a Bull market. This cycle will always be repeated as long as the hunger for profits exists. Smart money will always hunt for bargains before earnings. The news is only a camouflage of real intention. Where there is no news, they will surely create one. Smart money buys on the way down, not up. Look for bargains too. EPS will always guide. Buy also at a bargain. Bears favor those with cash. To play with the “big boys” is to have cash to buy when they are buying. Yes, in a bear market. Par example, imagine smart money selling off a stock say at 34.00 and force the price down to say 22.15 so as to buy it back before earnings. It's all about profits. That's how it works. The rest just camouflage.

Happy weekend.

How do we use EPS as a guide? For entry?
Kindly explain
Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 8:20pm On Feb 10
ositadima1:

In other news, the ARIMA (Autoregressive Integrated Moving Average) model predicts that Geregu stock will reach a minimum of #730 by Friday, representing an 8% gain. The model also forecasts that Meyer stock will hit a minimum of #9.3 by Friday, representing a 34% gain. We will have to wait and see how accurate these predictions from the ARIMA model end up being. angry

Good.
I will be watching too.
Let's hope it is correct for future use
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 8:33pm On Feb 10
SonofElElyonRet:


Why anonymous?
Kindly edit and add your nomenclature.
If 50 NSEMPA contributors can send this to Jubril Tinubu, perhaps he might changed his hardened ❤️ heart ❤️.
Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 8:35pm On Feb 10
dangle:
What a loss! Wigwe, his wife and two of his sons including Abimbola Ogunbanjo, NGX and Betaglass Plc chairman were on board the chopper that crashed.

https://www.usatoday.com/story/news/nation/2024/02/10/helicopter-crash-nipton-california-near-nevada/72551755007/

https://saharareporters.com/2024/02/10/update-access-holdings-ceo-herbert-wigwes-wife-two-kids-also-dead-us-helicopter-crash
This is really sad! May their souls rest in peace.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by RSQLPython: 8:55pm On Feb 10
Good people, which stock would you buy if you have N100m to invest?

Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 9:07pm On Feb 10
RSQLPython:
Good people, which stock would you buy if you have N100m to invest?

Thanks
Lol
Point of correction, good people don't last.
Don't kill people here ooo
Romans 3:10-12 New International Version (NIV)
As it is written: “There is no one righteous, not even one; there is no one who understands; there is no one who seeks God. All have turned away, they have together become worthless; there is no one who does good, not even one.”
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:22pm On Feb 10
What a loss!! My God!!
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:33pm On Feb 10
Herbert Onyewumbu Wigwe.

A generational gem gone... cry

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:04pm On Feb 10
PITY !! cry

What a world ...
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 10:39pm On Feb 10
yMcy56:

08115190550
08115190510

info@morgancapitalgroup.com
You'll get reply here as well. Efficient!

Thanks alot dear. Their service is fantastic. I placed a withdrawal request on d itrade and still sent them mail on Thursday night. So I was looking for their number to follow them up. But d money landed without any hassle!!!
U dey try for hiaooo. May ur reward be bountiful!!

11 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:07pm On Feb 10
RSQLPython:
Good people, which stock would you buy if you have N100m to invest?

Thanks
Go keep the money in fixed asset or Continue doing what you wr doing that gave u the money. Then take out some money from thr to educate/learn the rope of stock market. Baby feeding is not what u need...wish u luck

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:14pm On Feb 10
South Africa wins Bronze
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:14pm On Feb 10
Although the death of Wigwe has taken center stage, we should also remember Bamofin Abimbola Ogunbanjo who is the Group Chairman of Nigerian Exchange Group Plc. He too died in the crash. double blow to the Nigeria stock market.

6 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:16pm On Feb 10
Otunba Abimbola Ogunbanjo occupies the position of Chairman at Beta Glass Co. Plc. He is also on the board of Nigerian Chamber of Shipping and Member of International Bar Association, Member of Nigerian Bar Association, Member of Institute of Petroleum London, Member of Institute of Directors and Managing Partner at Chris Ogunbanjo & Co.

In the past he was President-National Council at Nigerian Exchange Group Plc.

Mr. Ogunbanjo received an undergraduate degree from American College of Switzerland and a graduate degree from the University of Buckingham.

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:52pm On Feb 10
Rip to the entire NGX. So painful as his family was even involved.

Speaking about broking firms, permit me to register my account/ordel with @meristemng.com. I could remember some months back, a customer called out @meristemng, withs accusations of fraud. I was like a whole meristem, because of how much? He received retributions with some few defending the firm.

Well, it is what it is, @meristemng is now dubious to put it lightly! Someone reached out to me about shares stuck since 2008 with no dividend paid. I use Chaka (since 2020), recently opened another with Investment One (although, charges no be here oh). I referred him to either @meristemng or Cordos. Due to the prompt response from @meristemng, I adviced him to opt for @meristemng. They sent mails on how to open an account insisting on minimum of #10000 opening amount. He did so around October 2023. I personally facilitated the filling of forms and took it upon myself to mail @meristemng. Reason been, this was a business man with little or no knowledge of stocks. There where host of others waiting to rectify same issue. But I asked them to wait until we sort that of the first person. Due to trust, I was granted access to email account and other sensitive information/documents. But @meristemng is about to bring a crack (which I invisiaged, if all things remain same).

Fast forward to third week of January 2024, @meristemng is yet to create an account or communicate on it. I am aware account opening takes about 3 days once all documents needed is provided. Yet this is over 5 months now, yet no comment. I recently requested that the amount be refunded and account opening request aborted, yet no refund till date. While, the person in question might not mind the #10000 involved ( he was even opting I transfer about 150k to open the account), my integrity might be on the line, as i was the one that did all transctions. They only sign or send OTPs to me.

So abeg, is @meristemng still ALIVE? In my last email I copied even SEC just to pile in on any complaint from other customers affirming this attitude of theirs. Having used Chaka with little funds over a year, I ditched the thoughts of opening an account with @morgancapital. InvestmentOne was basically for long term plays and possible access to loans in the future.

What should I do to get a refund. This is one reason I run from overrated big firms.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 12:05am On Feb 11
Mankind2024:

Kindly edit and add your nomenclature.
If 50 NSEMPA contributors can send this to Jubril Tinubu, perhaps he might changed his hardened ❤️ heart ❤️.
Thanks
1. Never told you I wanted to write oando a letter
2. You expect oando to act on anonymous email. The one wey dem write name sef never receive attention...
But its your choice and I respect that
Re: Nigerian Stock Exchange Market Pick Alerts by DrAkpa(m): 1:01am On Feb 11
RSQLPython:
Good people, which stock would you buy if you have N100m to invest?

Thanks

Reinvest it back to the business that gave you the #100m, except you are telling me that the money was gotten from Yahoo yahoo

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by RSQLPython: 1:31am On Feb 11
DrAkpa:


Reinvest it back to the business that gave you the #100m, except you are telling me that the money was gotten from Yahoo yahoo

This was savings from salary over the years.
Re: Nigerian Stock Exchange Market Pick Alerts by RSQLPython: 1:32am On Feb 11
Streetinvestor2:
Go keep the money in fixed asset or Continue doing what you wr doing that gave u the money. Then take out some money from thr to educate/learn the rope of stock market. Baby feeding is not what u need...wish u luck

Thanks. I was just tired of the 4.5% yearly gain on the savings.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 2:33am On Feb 11
Anyone on this platform still complaining about Meristem stockbrokers deserve to be flogged. Lol

But seriously, their matter has been over emphasized already. Do as I did. Sell off all the stocks you have with them. Jump out of their helicopter now before it crash lands in California.

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 4:47am On Feb 11
machine606:
Rip to the entire NGX. So painful as his family was even involved.

Speaking about broking firms, permit me to register my account/ordel with @meristemng.com. I could remember some months back, a customer called out @meristemng, withs accusations of fraud. I was like a whole meristem, because of how much? He received retributions with some few defending the firm.

Well, it is what it is, @meristemng is now dubious to put it lightly! Someone reached out to me about shares stuck since 2008 with no dividend paid. I use Chaka (since 2020), recently opened another with Investment One (although, charges no be here oh). I referred him to either @meristemng or Cordos. Due to the prompt response from @meristemng, I adviced him to opt for @meristemng. They sent mails on how to open an account insisting on minimum of #10000 opening amount. He did so around October 2023. I personally facilitated the filling of forms and took it upon myself to mail @meristemng. Reason been, this was a business man with little or no knowledge of stocks. There where host of others waiting to rectify same issue. But I asked them to wait until we sort that of the first person. Due to trust, I was granted access to email account and other sensitive information/documents. But @meristemng is about to bring a crack (which I invisiaged, if all things remain same).

Fast forward to third week of January 2024, @meristemng is yet to create an account or communicate on it. I am aware account opening takes about 3 days once all documents needed is provided. Yet this is over 5 months now, yet no comment. I recently requested that the amount be refunded and account opening request aborted, yet no refund till date. While, the person in question might not mind the #10000 involved ( he was even opting I transfer about 150k to open the account), my integrity might be on the line, as i was the one that did all transctions. They only sign or send OTPs to me.

So abeg, is @meristemng still ALIVE? In my last email I copied even SEC just to pile in on any complaint from other customers affirming this attitude of theirs. Having used Chaka with little funds over a year, I ditched the thoughts of opening an account with @morgancapital. InvestmentOne was basically for long term plays and possible access to loans in the future.

What should I do to get a refund. This is one reason I run from overrated big firms.

Those guys can frustrate for Africa, they charge big money as commission but very bad service. Time is money is not in their dictionary they do things as it pleases them, just continue to mail and message their customers care service.
You can mail me so that I can send you a lady's number she said she is my account officer, don't go and send money to her oooo, I don't know her but she do help me to rectify my issue since the last time I go crazy with them.

I just hope I can move a way from them soon as possible, I believed they have tendency to turn fraudster in the nearest future because they continue to act like one already, from personal experience.

Their agents here can quote me like you used to, I repeat, you provide bad services, no value for big commissions you collect.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by jaybee3(m): 7:37am On Feb 11
RSQLPython:


Thanks. I was just tired of the 4.5% yearly gain on the savings.
Invest the principal in TBills and re-invest the coupon in stocks

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Frangel: 7:41am On Feb 11
dangle:
What a loss! Wigwe, his wife and two of his sons including Abimbola Ogunbanjo, NGX and Betaglass Plc chairman were on board the chopper that crashed.

https://www.usatoday.com/story/news/nation/2024/02/10/helicopter-crash-nipton-california-near-nevada/72551755007/

https://saharareporters.com/2024/02/10/update-access-holdings-ceo-herbert-wigwes-wife-two-kids-also-dead-us-helicopter-crash

Sad news to their families, Access group and the finance world here. Access lost their Chairman not long ago.

This life sha.
Re: Nigerian Stock Exchange Market Pick Alerts by seemples(f): 7:48am On Feb 11
essentialone:
Anyone on this platform still complaining

Jump out of their helicopter now before it crash lands in California.

You're this insensitive?

12 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Frangel: 7:49am On Feb 11
nwetadinobi042:
I'm new to the stock exchange. Please all I'm asking is if I can use as many brokerage apps as possible with my unique cscs number?

You can use as many brokerage apps as possible but with as many CSCS account numbers as the apps. However, you can have a unique Clearing House Number (CHN) for all, given that all the accounts KYC details are the same.

I have assumed that the apps are from (linked to) Nigeria SEC licenced stockbroking firms.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 8:01am On Feb 11
seemples:


You're this insensitive?

Which one is insensitive again?
Re: Nigerian Stock Exchange Market Pick Alerts by Frangel: 8:01am On Feb 11
RSQLPython:


This was savings from salary over the years.
To have saved up to N100m from salaries over the years, your bank account officer should have at least mentioned fixed deposits to you (higher rates than savings account rate) for better returns.

If to say you write N100k, many for fit advice because e for make more brain. Many of us started this shares journey with about 10k or less. Building up gradually.

7 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Idrismusty97(m): 8:34am On Feb 11
RSQLPython:
Good people, which stock would you buy if you have N100m to invest?

Thanks
It's risky to take advices here. I have never invested that kind of money before, Also you don't have to put it all in one stock. If you really want to invest in stock you should just play save with banking (I.e the FUGAZ) and energy stocks for now. Even if it's only 10% gain you get at the end of the year it's still huge because of the amount you are putting in. Also i have a feeling energy stocks (Eternal, MRS, Total) etc will post some gains this year because of Dagote Refinery.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:20am On Feb 11
RSQLPython:
Good people, which stock would you buy if you have N100m to invest?

Thanks

You need to put in the time and effort needed to learn about investing. There are no shortcuts - you can't expect to just be spoon-fed all the information. The best approach is to start by carefully reading through this entire thread, following it closely over time. Not everything posted here will be sound advice, so think critically about what you read and compare it to other reputable sources and books.

If you're too busy to do the proper research, you can either use the services of professional fund managers (many banks like fcmb, gtb and access offer these also UCAP) or put your money into low-risk government securities.

I heard sukuk bonds are paying up to 15% now, although you may need to commit the money for several years.

I hope not audio millions o.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 9:20am On Feb 11
RSQLPython:
Good people, which stock would you buy if you have N100m to invest?

Thanks
Buy a consistent dividend paying stocks like Zenith Bank with all the money and have 100% peace of mind.

As far as Jim Ovia is still alive the good management of Zenith Bank is guaranteed!

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