₦airaland Forum

HesInMe:
Are they removing the ridiculous 10% max change per trading session?

I have no idea.
I havent seen the bill.
Just the general news

megawealth01:
They don't have control over crypto jare even America doesn't na NAIJA wan do am ni?

From outright ban to license firms to regulation.
Let's see how it unfolds.

Sunrisepebble:
You want to scare Nigerians away from capital markets?
I think the 10% rule is fine. It has its pros and cons. For instance without it, this our Wapco news (in an efficient market) would have taken the price from 58 when the news was announced straight to around the 100 figure where the buyout figure is. However in our case, we will have to slowly crawl day by day and deal with profit takers along the way. Knowing how impatient and fearful Nigerians are with money, if stocks lose more than 10% in a day and there’s no limit, nobody would invest again. It’s the 100k block rule I personally don’t agree with

I think the rule is rubbish for the exact same reasons you mentioned.

chimex38:
From outright ban to license firms to regulation.
Let's see how it unfolds.

All na noise

That is left to the regulatory bodies...

I personally think it brings some level of stability to the market.

HesInMe:
Are they removing the ridiculous 10% max change per trading session?

All the rules are good. Nothing wrong with them.

HesInMe:
Are they removing the ridiculous 10% max change per trading session?

They should remove it as it's done here

Sunrisepebble:
You want to scare Nigerians away from capital markets?
I think the 10% rule is fine. It has its pros and cons. For instance without it, this our Wapco news (in an efficient market) would have taken the price from 58 when the news was announced straight to around the 100 figure where the buyout figure is. However in our case, we will have to slowly crawl day by day and deal with profit takers along the way. Knowing how impatient and fearful Nigerians are with money, if stocks lose more than 10% in a day and there’s no limit, nobody would invest again. It’s the 100k block rule I personally don’t agree with

I stand with you

CardinalStone report for Wapco

If they remove that 10% rule, the stock market will be like meme coins trading in Crypto

Pump and dump will be the oder of the day.

megawealth01:
That point 1 is suicidal if JAGABAN gets things right economically

Which Jagaban would get things right economically?
There is no ''if''.
Please prepare and plan for worst case scenario under this clueless president. He is still busy dancing to the tune of the West and telling them that he is operating a ''free market economy'', whatever nonsense that means.
The naira may not recover under this capitalist government.

mikeapollo:
Which Jagaban would get things right economically?
There is no ''if''.
Please prepare and plan for worst case scenario under this clueless president. He is still busy dancing to the tune of the West and telling them that he is operating a ''free market economy'', whatever nonsense that means.
The naira may not recover under this capitalist government.

We are watching closely

...

Youngzedd:
If they remove that 10% rule, the stock market will be like meme coins trading in Crypto

Pump and dump will be the oder of the day.

And that will be interesting? 🤔

They stated the acquisition is not factored into their TP

Ginalex:
CardinalStone report for Wapco

Hold your Wapco...

Even without the Chinese company acquiring Wapco, the stock recommendation and price expectation was around ₦85. Wapco below ₦100 right now is a win.

Sunrisepebble:
They stated the acquisition is not factored into their TP

My own valuation for wapco was #100 after q1 results 2025.i know why I said they will pay me personally #150.When q1 results for 2025 comes out and your compare it with q1 2024 you go understand better

I even want to chop their FY 24 dividend. That one will cover any price drop from here

designking:
Hold your Wapco...

Even without the Chinese company acquiring Wapco, the stock recommendation and price expectation was around ₦85. Wapco below ₦100 right now is a win.

Ding !!

Its to find our next Aradel, FMN and Wapco now

Sunrisepebble:
Its to find our next Aradel, FMN and Wapco now

Simple!

Sunrisepebble:
Its to find our next Aradel, FMN and Wapco now

Sign me up

Absolutely
[Qquote author=Sunrisepebble post=133169215]Its to find our next Aradel, FMN and Wapco now [/quote]

Sunrisepebble:
Its to find our next Aradel, FMN and Wapco now

One (Oando) is staring at you

(based on SA only, not a buy or sell recommendation)

Youngzedd:
They're good and offers one of the best fees.

When funding your account, use Wema bank. Avoid Zenith bank like a plague, E GET WHY.

Thank you very much for this.

I have been able to fund my account but i can't find how to buy shares there.

Can you please point me in the direction?

I DEY YOUR BACK SIR

Sunrisepebble:
Its to find our next Aradel, FMN and Wapco now

Yes we are back.

If not the vendor,chams is not suppose to sell below 3.50 by now.

Keep your bids at 1.98/99.The vendor is showing weakness in his sells this time.

Any moment from now,we are set to move.
Try to get yours this period.

Time to fly

Locotrader:
Yes we are back.

If not the vendor,chams is not suppose to sell below 3.50 by now.

Keep your bids at 1.98/99.The vendor is showing weakness in his sells this time.

Any moment from now,we are set to move.
Try to get yours this period.

Time to fly

Na you go tire Lol

temi4fash:
Thank you very much for this.

I have been able to fund my account but i can't find how to buy shares there.

Can you please point me in the direction?

Login to you itrade and click on Market View under MARKET.

megawealth01:
And that will be interesting? 🤔

It's going to be Get rich or rekt scheme.

Agbalowomeri:
Na you go tire Lol

Chams is the only MH stock I have now.
We will keep on watching it while we enjoy our Xmas in peace.

All it needs to rally is already in it.