₦airaland Forum

BMZK:
I placed an order of 500 units of Diamond bank @ N1.35 around 10:21 and the order was only partially filled at close of market.
But i noticed close to 3 million units were sold at 14:28 at my bidding price.
Please can someone in the house explain to me why my order was not filled?
See screenshots for more details:

If I am not mistaken, I believe the trading engine operates on a FIFO logic (aka first-come-first-served) method. The question is - was the 3m in the queue before you entered yours?

ufotty2001:
The way am seeing this zenith bank. It may not get to 14.00 even after released of results...

The better

Zenith PLC 2015 FY NGN 1.55 final dividend
http://www.nse.com.ng/Financial_NewsDocs/12613_ZENITH_BANK__AUDITED_ACC_DEC_2015_FINANCIAL_STATEMENTS_MARCH_2016.pdf

passwelle:
Zenith PLC 2015 FY
http://www.nse.com.ng/Financial_NewsDocs/12613_ZENITH_BANK__AUDITED_ACC_DEC_2015_FINANCIAL_STATEMENTS_MARCH_2016.pdf

oh boy, only God know how many hits it has had. Even with my superfast fibre BB I can't download a 2.9MB file

bigjay01:
oh boy, only God know how many hits it has had. Even with my superfast fibre BB I can'd download a 2.9MB file

Final dividend N1.55/share

bigjay01:
oh boy, only God know how many hits it has had. Even with my superfast fibre BB I can'd download a 2.9MB file

Same here. Cant get it open.

newdada:
Same here. Cant get it open.

snippet

bigjay01:
If I am not mistaken, I believe the trading engine operates on a FIFO logic (aka first-come-first-served) method. The question is - was the 3m in the queue before you entered yours?

Exactly my thought. Even if it is First In First Out ,the first tranche of my order was filled in the morning around 11am which means i am already on top of the queue to be served at that price.
The funniest thing there was no such order in the bidding. In fact the total bids of diamond all prices included did not reach 2m through out.

bigjay01:
snippet

una don see wetin una dey find na for mr market to decide price movement tomorrow.

bigjay01:
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Thanks.

bigjay01:
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una don see wetin una dey find na for mr market to decide price movement tomorrow.make una go put una chaplets for water dey pray o.

BMZK:
Exactly my thought. Even if it is First In First Out ,the first tranche of my order was filled in the morning around 11am which means i am already on top of the queue to be served at that price.
The funniest thing there was no such order in the bidding. In fact the total bids of diamond all prices included did reach 2m through out.

MM?

when I was younger, we used to sing this rhyme - magicy American wonder, magicy American wonder ...

The King(Zenith Bank) is here! Bangali!

bigjay01:
Final dividend N1.55/share

@Born2berich. Nice one on your birthday...enjoy your day!

locodemy:
una don see wetin una dey find na for mr market to decide price movement tomorrow.make una go put una chaplets for water dey pray o.

ZB closed at 12.83 today. With a dividend of 1.55, this implies a yield of ~12.1%!

In the part of the world where I live, investors jump over hoops for such.

As at today, the highest dividend yield on FTSE 100 (Anglo American) is 11.09% #JustSaying

BMZK:
Exactly my thought. Even if it is First In First Out ,the first tranche of my order was filled in the morning around 11am which means i am already on top of the queue to be served at that price.
The funniest thing there was no such order in the bidding. In fact the total bids of diamond all prices included did not reach 2m through out.

Maybe the sell order for the 3m units was Fill or Kill

zenith tried but my post on February 02 2016 @3:13 pm holds and I expect mr duni04 to come out again to oppose it.
it may not even get to #15 with what's on ground

Why are you guys not saying anytin on the ZENITHBANK corporate action? The NSE apathy don dey affect una for nsempa too?

Manonamission:
Ihedioramma!!!!

Please list your farm on the exchange. I go like use am for JIJO.

What i need now is investor's not jijo, farming no be oil one love .

EduC:
@Born2berich. Nice one on your birthday...enjoy your day!

Hahhaaha...E be like say Zenith bank dey this forum. They decided to give me a birthday gift...lol

Am blessed.

Chibuking81:
you are welcome brother, I think time is getting ripe and almost done to bounce back to NSEM.

Thank's . yes it is .

bigjay01:
If I am not mistaken, I believe the trading engine operates on a FIFO logic (aka first-come-first-served) method. The question is - was the 3m in the queue before you entered yours?

The largest order get served first.

[quote author=Born2berich post=43795159]Hahhaaha...E be like say Zenith bank dey this forum. They decided to give me a birthday gift...lol

Am blessed. [/ ;quote]

Are you still dumping 2moro?

Happy Birthday.

Just check the 'next announcement of earnings'! So on point.

Intendy:
zenith tried but my post on February 02 2016 @3:13 pm holds and I expect mr duni04 to come out again to oppose it.
it may not even get to #15 with what's on ground

Some people loaded this stock at less than N9 some weeks back, so if they sell at N15 they have not lost anything. How I wish the market can be this depressed all through the year so that I can dump on the foreign investors in 2017.

Not expecting much in terms of capital appreciation.

[quote author=holm post=43795575][/quote]Thanks

rebekah2011:
Some people loaded this stock at less than N9 some weeks back, so if they sell at N15 they have not lost anything. How I wish the market can be this depressed all through the year so that I can dump on the foreign investors in 2017.

Not expecting much in terms of capital appreciation.

that's my point.like bigjay01 rightly said market apathy

EDUECO:
Just check the 'next announcement of earnings'! So on point.

yes they are right but were wrong with some eg gtb,uba

ZEnith no be gtb.
Fpi is almost sold out in zenith, but are still many in gtb.

Let's see how e go be tommorow.

Expect the bul on Uba to slow down.

Ppl will be selling Uba to buy zenith.

What do I know sef?