₦airaland Forum

https://www.youtube.com/watch?v=5VZvWX_LQ_g?si=zqtArWfwwqs4ECS1

NGX daily market summary for today.

https://www.youtube.com/watch?v=5VZvWX_LQ_g?si=zqtArWfwwqs4ECS1

Ngx daily market summary for today

Morgan Capital still on the 🪘 beats.

I sold a stock early hours of trading today, with the intention of buying another stock with the money but couldn't do it because Morgan Capital didn't credit my balance with the money for me to initiate the trade.
Up till this very moment, it has not been added to my balance.

I'm not even sure if it will be added before start of trading tomorrow.

This is unlike Morgan Capital of last year.

Morgan Capital, Wetin we do you wey change your last year character nah

.

newreality:
Morgan Capital still on the 🪘 beats.

I sold a stock early hours of trading today, with the intention of buying another stock with the money but couldn't do it because Morgan Capital didn't credit my balance with the money for me to initiate the trade.
Up till this very moment, it has not been added to my balance.

I'm not even sure if it will be added before start of trading tomorrow.

This is unlike Morgan Capital of last year.

Morgan Capital, Wetin we do you wey change your last year character nah

They put everyone in DCS. You will receive it in your bank account when it settles

No be "Newreality" you be?😀. You should understand nah.

newreality:
Morgan Capital still on the 🪘 beats.

I sold a stock early hours of trading today, with the intention of buying another stock with the money but couldn't do it because Morgan Capital didn't credit my balance with the money for me to initiate the trade.
Up till this very moment, it has not been added to my balance.

I'm not even sure if it will be added before start of trading tomorrow.

This is unlike Morgan Capital of last year.

Morgan Capital, Wetin we do you wey change your last year character nah

Xidget:
They put everyone in DCS. You will receive it in your bank account when it settles

I sold stocks yestetrday and today and the settlements was smooth as usual

Tough year for the remaining Chams hopefuls. Revenue up, but gross margin, already stratospherically low for a "tech" company, collapsed from 29% to 21% YoY.

But Loco has moved on. Predictably.

Meanwhile, complete radio silence from our friends at Ellah Lakes, who promised to close the ARPN acquisition by today.

https://ellahlakes.com/wp-content/uploads/2026/02/23-Feb-2026-Ellah-Lakes-Plc-Announcement-of-Public-Offer-Closure.pdf

Curious about the flurry of recent insider buying of NGXGROUP in March alone, after results dropped-- even at already high prices. Someone just dropped N4 billion at average price of 170.54.

[Full disclosure: I own a bunch of stock in the exchange.]

https://doclib.ngxgroup.com/Financial_NewsDocs/236_TRW_Stockbrokers_Ltd_-_Share_Dealing_Notification.pdf

Firstholdco!!! If una do that kobo again God go punish una!!!. Gtco and zenith bank will put the rest on their feet to perform

HesInMe:
Meanwhile, complete radio silence from our friends at Ellah Lakes, who promised to close the ARPN acquisition by today.

https://ellahlakes.com/wp-content/uploads/2026/02/23-Feb-2026-Ellah-Lakes-Plc-Announcement-of-Public-Offer-Closure.pdf

Lol.. You dey follow them bumper to bumper.

newreality:
Morgan Capital still on the 🪘 beats.

I sold a stock early hours of trading today, with the intention of buying another stock with the money but couldn't do it because Morgan Capital didn't credit my balance with the money for me to initiate the trade.
Up till this very moment, it has not been added to my balance.

I'm not even sure if it will be added before start of trading tomorrow.

This is unlike Morgan Capital of last year.

Morgan Capital, Wetin we do you wey change your last year character nah

It is clear those guys are broke.Na client money them dey now use do turn over..To place sell mandate now na risk

HesInMe:
Meanwhile, complete radio silence from our friends at Ellah Lakes, who promised to close the ARPN acquisition by today.

https://ellahlakes.com/wp-content/uploads/2026/02/23-Feb-2026-Ellah-Lakes-Plc-Announcement-of-Public-Offer-Closure.pdf

Delay is not denial ... I still get 500,000 units there .. make I still dey fans club

Xidget:
They put everyone in DCS. You will receive it in your bank account when it settles

whr did u get the information. Why was no mail sent in this regard

Streetinvestor2:
whr did u get the information. Why was no mail sent in this regard

No email was sent but they suddenly start sending my sales proceed to my bank account from March 11

Xidget:
No email was sent but they suddenly start sending my sales proceed to my bank account from March 11

I thought this should be optional or does it has anything to do with the T+1?

So no more jump in jump out.

5[quote author=Xidget post=138954060]No email was sent but they suddenly start sending my sales proceed to my bank account from March 11

thats they deliberately want to lose their customers, because with all these complaints. I will not redirect money sent to my account back to them if it was not my desire!!

Mine still got added to my trading balance last week without sweating

Xidget:
No email was sent but they suddenly start sending my sales proceed to my bank account from March 11

HesInMe:
Meanwhile, complete radio silence from our friends at Ellah Lakes, who promised to close the ARPN acquisition by today.

https://ellahlakes.com/wp-content/uploads/2026/02/23-Feb-2026-Ellah-Lakes-Plc-Announcement-of-Public-Offer-Closure.pdf

Out of sight is not out of mind, expect news soon

Streetinvestor2:
whr did u get the information. Why was no mail sent in this regard

Street baba, Xidget was right..
The problem is not peculiar to Morgan alone, some other houses are faced with same issue.....
The problem was from CSCS...
There was system glitch from CSCS and it reversed some accounts back to DCS defaults with some other issues as well...

* If you sell and can't see your fund immediately in your account, then it has gone to CSCS to be paid into your bank acct.

* What to do: Contact Morgan to rectify it with CSCS for you....
* If it takes you to fill another DCS form and submit to them, pls do.

I think we should be more careful what we write so we don't cause others to panic. I personally trade almost daily with Morgan. I must say that I have not experienced all what people are saying here regarding crediting of sales proceeds.

Streetinvestor2:
It is clear those guys are broke.Na client money them dey now use do turn over..To place sell mandate now na risk

HesInMe:
Tough year for the remaining Chams hopefuls. Revenue up, but gross margin, already stratospherically low for a "tech" company, collapsed from 29% to 21% YoY.

But Loco has moved on. Predictably.

Pls don't make careless remarks just because you don't have the stock or you want to get back at someone.

Nothing is wrong with CHAMS result, in fact there's a lot of improvements there.
Revenue increased, PAT increased.

By the time the Court judgement is announced in favour of CHAMS, there'll be more revenue to do biz and CHAMS price will appreciate more.

What we are witnessing in the market shares of CHAMS may have a pointer to positive things.......Are you even following it at all?

I replied you here because I've been gotten chat messages asking me what you mean and what it implies...
* This forum is wider than we think, let's all desist from derogatory posts that could affect some investors negatively pls.

Xidget:
They put everyone in DCS. You will receive it in your bank account when it settles

How true is this?

edwardaigb:
How true is this?

Not true...

Streetinvestor2:
It is clear those guys are broke.Na client money them dey now use do turn over..To place sell mandate now na risk

But they also have a regional bank-->Morgan Capital Bank.
that even successfully met capitalization.
Funding shouldn't be much of a problem. They've got the investment connections.
Wonder their issues.

Is this 'bank' operating in Nigeria?

If you're referring to Alpha Morgan Bank, it has no link to Morgan Capital Securities...

chimex38:
But they also have a regional bank-->Morgan Capital Bank.
that even successfully met capitalization.
Funding shouldn't be much of a problem. They've got the investment connections.
Wonder their issues.

leo1234:
I thought this should be optional or does it has anything to do with the T+1?

So no more jump in jump out.

It was. We have to fill another DCS form be that

debeey87:
Mine still got added to my trading balance last week without sweating

I guess it didn't affect everyone then

yMcy56:
Street baba, Xidget was right..
The problem is not peculiar to Morgan alone, some other houses are faced with same issue.....
The problem was from CSCS...
There was system glitch from CSCS and it reversed some accounts back to DCS defaults with some other issues as well...

* If you sell and can't see your fund immediately in your account, then it has gone to CSCS to be paid into your bank acct.

* What to do: Contact Morgan to rectify it with CSCS for you....
* If it takes you to fill another DCS form and submit to them, pls do.

I filled another DCS form. Let's see how it goes

https://www.youtube.com/watch?v=XmBjX4w8u9s

Premarket for today's trading session on the NGX.