₦airaland Forum

USAfall2024:
This Alphamorgan Isn’t the same with Morgan Capital group - your intended broker. Just search “Morgan Capital Account Opening form” on Google. Your first search result should give you a link to opening an individual account directly on the correct Morgan Capital website. I have pasted the same link below (first merge it as one before using).

https:// accounts. morgancapitalgroup. com/individual-forms/create

Thanks so much.

Please which broker do you use?

megawealth01:
Seems I might know this Hakeem. He used to work with Quantum Securities?

quantum securities is still very active now ....own by Jim ovia wife(zenithbank) ...never close down?

purity2all:
Send them a mail at info@morgancapital.com.

They wil send you their registration form.

Thanks so much.

Please which broker do you use?

So access will now be relegated with fidelity declaring 85kobo interim. Na wa o. Kai!

SAK:
quantum securities is still very active now ....own by Jim ovia wife(zenithbank) ...never close down?

Quantum Zenith Securities is not the same as Quantum Securities, they are two different companies not related in any way. The Quantum Megaealth is referring to has closed shop as stated. They used to be around Alagomeji, Yaba before they went under.
I have helped some of their customers to move their stocks to Investment one. In fact one just contacted me this night for same purpose.

emmaodet:
Register with a broker dealing with NASD and they will open an account for you.
They opened one for me 2 weeks ago

Hello pls can you share your broker contact details with me...I seriously need one

jonnysessy:
Sorry, the exact date I wanted to quote was 27/11/2020. I am an old school, I have a stock note. Thanks for the correction

emmanuelewumi:
I guess he meant 2020

Noted. Thanks

Hmmmmm

SonofElElyonRet:
My friend, its more convenient for me to use my broker. We discuss real time and she gives on the spot advice. Also I've known her for decades so I'm comfortable with her. If there's any quick opportunity she uses their funds and i reimburse same day or latest the next

Can I have her email address please

Please can one use NASD app for trading?

SAK:
quantum securities is still very active now ....own by Jim ovia wife(zenithbank) ...never close down?

We have job mobility. People working in the financial service sector were very mobile about 15 to 20 years ago and some made serious career mistakes.


Someone left First Bank on a monthly salary of 140k to Intercontinental Bank for a monthly salary of 700k in 2007.

He was the account officer of a very popular oil and gas company that is yet to release their 2023 financial report.

Intercontinental though by employing this guy he would be able to convince the said company to move their account from First Bank to Intercontinental Bank.

Meanwhile the company had been doing business with First Bank since 1970, moving the account was impossible.

Can you believe the guy earned that salary for less than 12 months before he was retrenched and was jobless for about 10 years, whereas his guy at First Banks have been promoted, salaries reviewed etc.

Luckily a customer at First Bank who is a business owner later gave him a job as a manager

Mayu77:
Hello pls can you share your broker contact details with me...I seriously need one

I opened with meristem

emmasoft:
Quantum Zenith Securities is not the same as Quantum Securities, they are two different companies not related in any way. The Quantum Megaealth is referring to has closed shop as stated. They used to be around Alagomeji, Yaba before they went under.
I have helped some of their customers to move their stocks to Investment one. In fact one just contacted me this night for same purpose.

Hello bro.
Please what will happen to investor's money in for example ucap MMF (money market fund) if ucap goes under water?
Will the investors lose their money wince this is more or less in-house investment rather that equity investment domiciled with SEC

emmanuelewumi:
We have job mobility. People working in the financial service sector were very mobile about 15 to 20 years ago and some made serious career mistakes.


Someone left First Bank on a monthly salary of 140k to Intercontinental Bank for a monthly salary of 700k in 2007.

He was the account officer of a very popular oil and gas company that is yet to release their 2023 financial report.

Intercontinental though by employing this guy he would be able to convince the said company to move their account from First Bank to Intercontinental Bank.

Meanwhile the company had been doing business with First Bank since 1970, moving the account was impossible.

Can you believe the guy earned that salary for less than 12 months before he was retrenched and was jobless for about 10 years, whereas his guy at First Banks have been promoted, salaries reviewed etc.

Luckily a customer at First Bank who is a business owner later gave him a job as a manager

He probably knew that he was being employed for that singular reason and job target... he failed to deliver

emmanuelewumi:
We have job mobility. People working in the financial service sector were very mobile about 15 to 20 years ago and some made serious career mistakes.


Someone left First Bank on a monthly salary of 140k to Intercontinental Bank for a monthly salary of 700k in 2007.

He was the account officer of a very popular oil and gas company that is yet to release their 2023 financial report.

Intercontinental though by employing this guy he would be able to convince the said company to move their account from First Bank to Intercontinental Bank.

Meanwhile the company had been doing business with First Bank since 1970, moving the account was impossible.

Can you believe the guy earned that salary for less than 12 months before he was retrenched and was jobless for about 10 years, whereas his guy at First Banks have been promoted, salaries reviewed etc.

Luckily a customer at First Bank who is a business owner later gave him a job as a manager

Oando should release this 2023 financials na?

emmaodet:
Hello bro.
Please what will happen to investor's money in for example ucap MMF (money market fund) if ucap goes under water?
Will the investors lose their money wince this is more or less in-house investment rather that equity investment domiciled with SEC

You are a guru in this game

emmaodet:
Hello bro.
Please what will happen to investor's money in for example ucap MMF (money market fund) if ucap goes under water?
Will the investors lose their money wince this is more or less in-house investment rather that equity investment domiciled with SEC

You are safe, it is a SEC regulated mutual fund.


Abacus Merchant Bank went down but their MMF is still existing. The fund was later managed by Kakawa Asset Management, later managed by Investment One now managed by GT Fund Managers


Skye Bank went down but the SFS REIT is still existing.

UPDC had financial issues and could not pay dividends, but UPDC REIT was paying regular dividends.

Before Custodian bought UPDC, UPDC was getting an annual dividend of over N1 billion from UPDC REIT

In oeder to have liquidity it was UPDC REIT that bought Kingway Building from UPDC few years ago for about N4 billion

emmanuelewumi:
You are safe, it is a SEC regulated mutual fund.


Abacus Merchant Bank went down but their MMF is still existing. The fund was later managed by Kakawa Asset Management, later managed by Investment One now managed by GT Fund Managers


Skye Bank went down but the SFS REIT is still existing.

UPDC had financial issues and could not pay dividends, but UPDC REIT was paying regular dividends.

Before Custodian bought UPDC, UPDC was getting an annual dividend of over N1 billion from UPDC REIT

In oeder to have liquidity it was UPDC REIT that bought Kingway Building from UPDC few years ago for about N4 billion

Okay.
Thanks.
I am investing a big part of my capital in it and just want to be sure I am on the safe side

vefexam:
Thanks so much.

Please which broker do you use?

I use Morgan Capital and CardinalStone Securities Limited.

SonofElElyonRet:
Not holding brief for Agbaje but this seems personal going by some of his recommendations

...DSS should deal with Agbaje

Regulators should close down the bank

Haba!

emmanuelewumi:
You are safe, it is a SEC regulated mutual fund.


Abacus Merchant Bank went down but their MMF is still existing. The fund was later managed by Kakawa Asset Management, later managed by Investment One now managed by GT Fund Managers


Skye Bank went down but the SFS REIT is still existing.

UPDC had financial issues and could not pay dividends, but UPDC REIT was paying regular dividends.

Before Custodian bought UPDC, UPDC was getting an annual dividend of over N1 billion from UPDC REIT

In oeder to have liquidity it was UPDC REIT that bought Kingway Building from UPDC few years ago for about N4 billion

Very correct sir

When BGL folded up I wrote off the little amount I had in their mutual funds. Like you said they continued under the new name ACAP funds.

Mutual funds are quite safe because the asset managers and custodians are different institutions.

SonofElElyonRet:
He probably knew that he was being employed for that singular reason and job target... he failed to deliver

That was how one employee left my stockbroker and was calling me trying to convince me to move my account. Is this really morally right?

I opened ACCOUNT with new everything with Chapel Hill Denham just recently because someone HERE has been pestering me to open with them to help them keep their job. I just had to help the person because the person has been persistent with the request for over a year now... I don't even know how they got my personal email

I used plural pronoun so I don't reveal the individual's gender

Agbalowomeri:
That was how one employee left my stockbroker and was calling me trying to convince me to move my account. Is this really morally right?

Amber Alert!!!

Watch out for WAPCO and GUINNESS. There are some sentiments reflected in their charts, though I'm not certain whether they are positive or negative.

ositadima1:
Amber Alert!!!

Watch out for WAPCO and GUINNESS. There are some sentiments reflected in their charts, though I'm not certain whether they are positive or negative.

WAPCO s time is near. It should start catching up with its peers.

https://nairametrics.com/2024/10/05/bullish-momentum-in-nigerias-oil-and-gas-sector-can-the-rally-be-sustained/

Is above a balanced writeup? Oando's major source of concern is the negative retained earnings, while Seplat's is over valuation. They didn't touch Aradel and Eterna.

Raider76:
https://nairametrics.com/2024/10/05/bullish-momentum-in-nigerias-oil-and-gas-sector-can-the-rally-be-sustained/

Is above a balanced writeup? Oando's major source of concern is the negative retained earnings, while Seplat's is over valuation. They didn't touch Aradel and Eterna.

With the spate of developments, acquisitions and upgrades in the sector, I doubt if its possible to predict future earnings of these oil and gas companies. Their analysis could be based on H1 results alone. It may therefore be too risky to make valuation on just that.
Let's just wait till year end.

Agbalowomeri:
That was how one employee left my stockbroker and was calling me trying to convince me to move my account. Is this really morally right?

Don't think they care about morals..

Ginalex:
LASACO numbers is nothing to write home about. Almost flat from 2022 to 2023

https://doclib.ngxgroup.com/Financial_NewsDocs/42250_LASACO_ASSURANCE_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Lasaco may be returned to the Market tomorrow morning. Is it likely to rally 100% like Regency Assurance? Is it safe for me to buy LASACO if it returns to the stock market?

There's nothing in the FS to push LASACO up...

essentialone:
https://doclib.ngxgroup.com/Financial_NewsDocs/42250_LASACO_ASSURANCE_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Lasaco may be returned to the Market tomorrow morning. Is it likely to rally 100% like Regency Assurance? Is it safe for me to buy LASACO if it returns to the stock market?

Mayu77:
Hello pls can you share your broker contact details with me...I seriously need one

You can open NASD cscs account with investment one stockbrokers. Click the third link on my signature to register.

However, after submitting the form, kindly send a mail to the customer care to inform them that the registration is for NASD not for NGX.
This is very important otherwise by default they will open cscs for NGX or contact me with the phone number on my signature

emmaodet:
Okay.
Thanks.
I am investing a big part of my capital in it and just want to be sure I am on the safe side

Pa Emma said it all. Let's understand that to a very large extent the money in MMF is safer compare to what you have in MDBs so long as the fund manager and the product is SEC regulated. If commercial bank goes under according to NDIC, it's a max of 5m you have as guaranteed, but if a fund manager goes down you will only have a change of fund manager nothing happens to your investment. The former union trustees mixed fund is now with capital express with all investors' money intact.