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Nigerian Stock Exchange Market Pick Alerts - Investment (8312) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (16007529 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by Yemy3m: 12:20pm On Oct 22, 2024
watch out for belemaoil .planning to list soon .maybe ngx or otc
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01:
Yemy3m:
watch out for belemaoil .planning to list soon .maybe ngx or otc
Are they on private placement?
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 12:24pm On Oct 22, 2024
Everyone waiting for Aradel below 500 grin 200k units traded, 8.5m offers
Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 12:27pm On Oct 22, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:30pm On Oct 22, 2024
Deep down I don't want it to drop further so I don't lose further profit... smiley

Sunrisepebble:
Everyone waiting for Aradel below 500 grin 200k units traded, 8.5m offers
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 12:36pm On Oct 22, 2024
Unfortunately it has to to provide liquidity
KarlTom:
Deep down I don't want it to drop further so I don't lose further profit... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 12:37pm On Oct 22, 2024
Wow, what does their production capacity look like ?

Yemy3m:
watch out for belemaoil .planning to list soon .maybe ngx or otc
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:39pm On Oct 22, 2024
Locotrader:
Cititrader would have been the best among them due to low brokerage fees but I observe they don't have a seamless mode of funding and withdrawals.You have to notify them of funding and withdrawing.This is not ok for me.

Cardinalstone and stanbic ibtc has a robust and seamless platform which is good but brokerage fees is still high.

Apart from these ones above,check any other broker that has robust app and portal for trading but low brokerage fees like Morgan and cititrader,I will be good to go for that as my 3rd handle.I need to open the account within this week.
DLM should be good then.
Let me make more findings on your funding and withdrawal concerns and revert.

Pls send inquiry mail to : iatanda@dlm.goup
You may request for phone contact if need be

* Updated*
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:49pm On Oct 22, 2024
Yemy3m:
watch out for belemaoil .planning to list soon .maybe ngx or otc
On LSE website and on Google they are listed as one of the subsidiaries of seplat.
Just google seplat subsidiaries
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:54pm On Oct 22, 2024
yMcy56:
DLM should be good then.
Let me make more findings on your funding and withdrawal concerns and revert.

Pls send inquiry mail to : iatanda@dlm.goup
You may request for phone contact if need be

* Updated*
Do you know their brokerage fees?

I need less than 1% brokerage fees.Morgan capital and Atlas portfolio (cititrader) are good here.

Stanbic and cardinalstone are 1% respectively.Might look at these one if no broker with competitive fees.

Greenwich securities, investment one and Afrinvest are the brokers I use but brokers fees 1.35%.I want to rebalance some of my holdings and divest one of them.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:56pm On Oct 22, 2024
vefexam:
Hii
Please from your screenshot how does one know a buy from a sell?
You can't know a buy from sell except a bid or offer table is displayed.
Some transactions are Cross Deals, that is, crossing from one account to the other without necessarily showing who buys or sells what.
Bid or offer table will just let you see the bids and offers on ground.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:57pm On Oct 22, 2024
Locotrader:
Do you know their brokerage fees?
0.50%
You can discuss with him on email as well.
It's a service you'll most likely enjoy.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:05pm On Oct 22, 2024
yMcy56:
0.50%
You can discuss with him on email as well.
It's a service you'll most likely enjoy.
Thank you.
I appreciate

If I see what I need,I will try them with little money to check their efficiency and customer care
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 1:09pm On Oct 22, 2024
yMcy56:
Oyel 💰 😁
Could be institutional like PFAs
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 1:29pm On Oct 22, 2024
[quote author=Krisuba post=132539030][/quote]That's what many a few calls it a bet cum investment
Re: Nigerian Stock Exchange Market Pick Alerts by Health3: 1:40pm On Oct 22, 2024
UBA is a stock determined to challenge GTCO for the top position in the nearest future. This is SA but watchout
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:43pm On Oct 22, 2024
Found this article:
https://businessday.ng/energy/oilandgas/article/belemaoil-appoints-new-ceo-cfo-to-reposition-organisation/

They just appointed new MD/CEO and CFO... wink
Yemy3m:
watch out for belemaoil .planning to list soon .maybe ngx or otc

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:43pm On Oct 22, 2024
Spiritual or Sentimental?

Health3:
UBA is a stock determined to challenge GTCO for the top position in the nearest future. This is SA but watchout
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 1:48pm On Oct 22, 2024
debeey87:
Has anyone who receives dividend through gtbank gotten their Access bank interim dividend? Nothing on my end
I have received mine. There's been no SMS or email notifications since they migrated to a new core banking app. However, if you have GTWorld app or Internet Banking access, you should check. It may have been credited.
Re: Nigerian Stock Exchange Market Pick Alerts by shonyboi(m): 1:51pm On Oct 22, 2024
Yes, I got mine yesterday
debeey87:
Has anyone who receives dividend through gtbank gotten their Access bank interim dividend? Nothing on my end
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:59pm On Oct 22, 2024
SEPLAT has what they call 'revenue interest' in (OML 55 operated by BELEMAOIL(40%) & NNPC (60%))

They own 56.25% of BELEMAOIL.

Maybe they want to do a split like TRANSCORP/TRANSPOWER grin

Image : https://www.seplatenergy.com/our-company/our-operations/upstream/oml-55/

Mpeace:
On LSE website and on Google they are listed as one of the subsidiaries of seplat.
Just google seplat subsidiaries

Re: Nigerian Stock Exchange Market Pick Alerts by Blaqq2: 2:13pm On Oct 22, 2024
I just confirmed
Bamboo is just outright scam
Their charges to begin with is just funny
Plus the fact that they sell your stocks at the lowest possible option is just sad
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 2:14pm On Oct 22, 2024
Looks like over 1bn was traded on champion today Abi meristem app is acting up ni
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:16pm On Oct 22, 2024
Legit grin

ojeysky:
Looks like over 1bn was traded on champion today Abi meristem app is acting up ni
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:22pm On Oct 22, 2024
...
tom4greatness:
Make real money with Anchor either by signing in the silver package or Gold package. You make 1500 daily without doing anything with the Gold package while the silver package you make 1200 every day. You can also make huge amount of money under my mentorship. Those interested can send me a WhatsApp message on 07031912193

Re: Nigerian Stock Exchange Market Pick Alerts by Health3: 2:25pm On Oct 22, 2024
There was last minute packing of UBA but someone was determined that it must not close in the green today

Also, there was last minute packing of Japaul

Re: Nigerian Stock Exchange Market Pick Alerts by edwardaigb: 2:27pm On Oct 22, 2024
debeey87:
Has anyone who receives dividend through gtbank gotten their Access bank interim dividend? Nothing on my end
I have some days ago.
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 2:35pm On Oct 22, 2024
Health3:
There was last minute packing of UBA but someone was determined that it must not close in the green today

Also, there was last minute packing of Japaul
Wow 100million units
Re: Nigerian Stock Exchange Market Pick Alerts by Health3: 2:35pm On Oct 22, 2024
Ohhh. After much back and forth, UBA closed in the green.

N2 interim dividend gap closed. This is a perfect chop and clean mouth phenomenon

Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 2:36pm On Oct 22, 2024
Blaqq2:
I just confirmed
Bamboo is just outright scam
Their charges to begin with is just funny
Plus the fact that they sell your stocks at the lowest possible option is just sad
They are not a scam
Their system is just......
Somehow

So lemme explain it in simple terms

For every asset on an exchange, there is the bid section (how much people are willing to buy) and the offer section (how much people are willing to sell)

So the highest bid price and the lowest offer price is always not the same
the highest bid price will always be lower than the lowest offer price (well most of the time)

the difference between the two is what we call the "spread" in finance

In some sectors, the spread is very small (eg banking stocks, you often see 50k to N1 gap )
some other industries it is much wider
Because Bamboo operates on the market buy Nd not limit buy/sell, what they do is as below

WHEN U WANT TO BUY SHARES. it will go and pick the offer price available there, which is always higher than the highest bid rate....

WHEN YOU WANNA SELL, it will now go to the bid side and pick the highest possible bid (the available one)
And like I said earlier, the highest bid will almost always be lower than the least offer price

That's why it appears that bamboo is cheating

The limit buy/sell function is mot there yet for some reason best known to them.

To circumvent this, you go for brokerages that allow you to exercise limit buy/sell function
meaning you buy or sell at your own set price, and the if the market doesn't accept your price, your trade fails

Thats why Bamboo trades don't fail
they pick the market price
but limit buy or sell can fail

Hope I didn't confuse anyone grin cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by lexy2lexy: 2:39pm On Oct 22, 2024
Has anyone received UBA interim dividend?
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