₦airaland Forum

presiade:
If you’re patient, pick up some units of FIDSON. Once those offloading their rights issues are done, price appreciation will begin. Also, position in ZENITH for the imminent price appreciation after the recent loses. Do your due diligence!

Any tip on the likely bottom for Fidson

sterlingD:
Any tip on the likely [/b]bottom[b] for Fidson

Agbalowomeri is in charge of bottoms 🤪

Bigdeal01:
I made a deposit to my Morgan Capital trading account and Morgan Capital credited my account with less than 40% of the money. I have been following up with them for over a month and they said they would investigate. I have not heard from them ever since. Is this how bad they are? I have tendered all receipts to prove they deliberately withheld my money.

This broker has apparently deteriorated badly in recent times. This, if true, is worrisome.

Ding

Despite the huge supply, it’s been trading sideways for the past few trading sessions (intraday support at N122.85), that’s compression. So, I’d think the maximum it will shed before resuming an upward trend is 10%. If I’m just about to enter the bus, I’d start picking up at N122.85.

sterlingD:
Any tip on the likely bottom for Fidson

WHAT WILL THE MARKET DO TODAY!!!
I like a trending market. It make life very easy and sometimes looks like one is using a "drone" to monitor the market. Just like US saw Fulani Heardsmen moving around Ogun/Oyo state about 3 months ago, but Nigeria is seeing them now or pur Government is not even seeing the Heardsmen (sounds funny).

We expect the market to continue bearish today and in the next few days!!!

However, the retail traders will continue buying some few growth stocks.

ayobama1:
Agbalowomeri is in charge of bottoms 🤪

You are totally ''wrong''.
Please show respect to Agba!
His choice and taste are very clear, and his taste is the one with ''ck''

Vfd's investment in Abbey is yielding positive fruits.

Watch VFD share price moving up as Abbey is set to touch N10

Morgan Capital has deteriorated so badly that one wonders what is becoming of them, and investors' confidence.

A friend of mine is still battling them on the disappearance of his Transcorp shares (over N2m worth) from their records, despite having all evidence of payment and purchase of shares. Up till now, no response.

What reliable and effective measure can investors take on brokers' breach of contracts?

CSCS, SEC and NGX hardly respond to emails and calls.

What exactly is happening in the country's bourse concerning probity and accountability?

Sigh!!!

Bigdeal01:
I made a deposit to my Morgan Capital trading account and Morgan Capital credited my account with less than 40% of the money. I have been following up with them for over a month and they said they would investigate. I have not heard from them ever since. Is this how bad they are? I have tendered all receipts to prove they deliberately withheld my money.

4willer:
Morgan Capital has deteriorated so badly that one wonders what is becoming of them, and investors' confidence.

A friend of mine is still battling them on the disappearance of his Transcorp shares (over N2m worth) from their records, despite having all evidence of payment and purchase of shares. Up till now, no response.

What reliable and effective measure can investors take on brokers' breach of contracts?

CSCS, SEC and NGX hardly respond to emails and calls.

What exactly is happening in the country's bourse concerning probity and accountability?

Sigh!!!

Last year ,I bought some units of Linkassure on Morgan platform and it didnot reflect in my Portfolio after the purchase for days.i mailed them to update my Portfolio but nothing was done.Despite not having the stock on my Portfolio i still sold them on their Morgan Platform and it went through.You can request for your CSCS account and try to sell them on Morgan Platform.

It was requested for but the CSCS records showed nothing. But there were proofs that purchase of the shares was made, from receipts and printouts.
The shares showed on their website from the time of purchase (two years before)...until it was deleted a couple of months ago. Since then it has been hide and seek from them.

cocolacec:
Last year ,I bought some units of Linkassure on Morgan platform and it didnot reflect in my Portfolio after the purchase for days.i mailed them to update my Portfolio but nothing was done.Despite not having the stock on my Portfolio i still sold them on their Morgan Platform and it went through.You can request for your CSCS account and try to sell them on Morgan Platform.

This morgan issue is getting more serious by the day.
Someone mentioned not too long ago that he believes some of his shares were sold without his authority. Sounded strange but this here is looking like a similar scenario.

4willer:
It was requested for but the CSCS records showed nothing. But there were proofs that purchase of the shares was made, from receipts and printouts.
The shares showed on their website from the time of purchase (two years before)...until it was deleted a couple of months ago. Since then it has been hide and seek from them.

this one na good news were supposed impact the SP positively, but it appears the MGT isn't helping. price keep dipping.

essentialone:
https://www.thisdaylive.com/2026/05/22/ci-leasing-posts-n3-9bn-profit-as-revenue-climbs-to-n50-2bn/

kintus:
this one na good news were supposed impact the SP positively, but it appears the MGT isn't helping. price keep dipping.

Anything that can be bought has no value.

Please, explain.

ABBEY MORTGAGE

https://doclib.ngxgroup.com/Financial_NewsDocs/47111_ABBEY_MORTGAGE_BANK_PLC-ANNOUNCEMENT_OF_CONVERSION_TO_A_REGIONGAL_COMMERCIAL_BANK_CORPORATE_ACTIONS_JUNE_2026.pdf

4willer:
Morgan Capital has deteriorated so badly that one wonders what is becoming of them, and investors' confidence.

A friend of mine is still battling them on the disappearance of his Transcorp shares (over N2m worth) from their records, despite having all evidence of payment and purchase of shares. Up till now, no response.

What reliable and effective measure can investors take on brokers' breach of contracts?

CSCS, SEC and NGX hardly respond to emails and calls.

What exactly is happening in the country's bourse concerning probity and accountability?

Sigh!!!

At this point, no one should open an account with Morgan Capital. They have proven to be grossly incompetent and fraudulent at the same time.

PETERiCHY:
"SELL IN MAY & GO AWAY" BONANZA currently taking place


BARGAIN HUNTERS TAKE NOTE!!!

Soft Reminder 🎗️

Sell in May and Go away Promo is currently taking place

BARGAIN HUNTERS TAKE NOTE

VFD has N2.37 billion investment in Abbey Mortgage Bank. They acquired 35% equity stake in Abbey Mortgage Bank, making it the single largest shareholder in the bank.

sterlingD:
ABBEY MORTGAGE

https://doclib.ngxgroup.com/Financial_NewsDocs/47111_ABBEY_MORTGAGE_BANK_PLC-ANNOUNCEMENT_OF_CONVERSION_TO_A_REGIONGAL_COMMERCIAL_BANK_CORPORATE_ACTIONS_JUNE_2026.pdf

PETERiCHY:
Soft Reminder 🎗️

Sell in May and Go away Promo is currently taking place

BARGAIN HUNTERS TAKE NOTE

What should we do?
1. "Sell in May and go away" ... and come back and buy when the prices wpould have gone down.
2. Keep the stocks and "Buy the dip" and keep buying the dip.

The problem with no. 2 is where do we get more money capital to buy the dip and keep buying?

Any other alternative/approach.

Please advise.

KarlTom:
Ding

Market no dey sweet these days joor

Stockpromoter:
Vfd's investment in Abbey is yielding positive fruits.

Watch VFD share price moving up as Abbey is set to touch N10

Vfd is further dipping 😕

ZenithBank: - We called this exact move since our March 30th chart breakdown!
The Call: We projected a hard rejection at 135 resistance.
The Reality: Price reversed perfectly at the top and is currently sitting at 122.
This is exactly how high-probability technical analysis works. Stop/reduce guessing the markets and increase your precision.
Entry 100-110
Enjoy

Ref:
https://ewnation.com/wp-content/uploads/2026/03/final_20260329_092839.png

ayobama1:
Agbalowomeri is in charge of bottoms 🤪

So funny

https://open.spotify.com/episode/3R1DaSHMcnLElO1IIymXV8

Ngx midday trading update

ghm:
What should we do?
1. "Sell in May and go away" ... and come back and buy when the prices wpould have gone down.
2. Keep the stocks and "Buy the dip" and keep buying the dip.

The problem with no. 2 is where do we get more money capital to buy the dip and keep buying?

Any other alternative/approach.

Please advise.

The alternative is -Do nothing.

A man locked ₦194 million in PiggyVest to earn ₦100,000 daily. Is this clever or dumb?

ositadima1:
A man locked ₦194 million in PiggyVest to earn ₦100,000 daily. Is this clever or dumb?

As long as it is safe is okay

ositadima1:
A man locked ₦194 million in PiggyVest to earn ₦100,000 daily. Is this clever or dumb?

That is about 18.8% simple interest rate (365 days)
It could have been better if placed on continuous or daily compounding.
And safety of capital is key!

Zenith: Wema
Roughly 4:1
Ratio has so far been maintained.
I am watching this ratio closely.

ositadima1:
A man locked ₦194 million in PiggyVest to earn ₦100,000 daily. Is this clever or dumb?

It's Dumb! putting such an amount in a fintech run by ladies. It's safer to invet in Government Sukuk, bonds or Tbills where risk of default is low. I stop patronising the app after my accrued usd investment interest remain unwidrawable.

ositadima1:
A man locked ₦194 million in PiggyVest to earn ₦100,000 daily. Is this clever or dumb?

Very risky and somehow dumb..

Meanwhile, the Politicians have moved their discussions to the right thread probably.....sigh!

- On the other hand, absence of no positive news is impacting the market negatively....
- Retailers sighted trading mostly...while institutional investors were/are looking and possibly cross dealing here and there.....

Hopefully some good news can stem the tide sooner......otherwise....

Osita what's the chart saying now pls...

I don buy small ARADEL @1742......I hope I've made a right decision.....make the stock no fall officially o 😁
At least that one go still dey give person hope.....😊

It can be sweet seeing a stock moving against the traffic 🍏, even with this 🍒 in the market...

Heavy cross deals in ACCESS since yesterday....
Another set crossed @24 not long now....
What's happening here?
* Though prices dipping below the cross deal price..