Lets not all ignore the cries of our Morgan brothers. They have just reminded me that this is Nigeria and putting all your eggs in 1 basket is Very dangerous... Remember not only to diversify your portfolio but also the vendors also

http://nse.com.ng/Financial_NewsDocs/NORTHERN%20NIG.%20FLOUR%20MILLS%20-%20Q2%20SEPT%202016.pdf

Morgan Capital has caused undue loss to a lot of its customers. The situation is such that you can't take oppoertunities available in the market and you can't exit some bad stocks.
This is really bad. And to think that the Nov 4th date may not work leaves one more perplexed.

I don't even encourage having different vendors except you are big on cash.

kolaish:
Try these: Cardinal Registrar:
01 - 440 5107, 712 0090 01- 710 0444 registrars@cardinalstone.com

First Registrar Tel: 234-1-2799880, 2701078, 2701079 Fax: 234-1-2701071, 2701072 E-mail:- info@firstregistrarsnigeria.com
Century Telephones: 01-4663631, +234 7045355922, 01-2902998, 01-2902996. Email: customercare@centurionregistrars.com.

Thanks and God bless.

I am sueing morgan for this,Our lawyers in the house,can something come out frm this case?joining nse as party.looking at their terms and conditions already!

AMEN oooh

People,

Is this really happening,? am not even propelled to monitor the market sef

Did you guys notice UBA , dangote floor and FBNH all inching up?. What's going on.

Maybe investors are positioning for Q4/dividend rally already.

Please, I need to start checking out how to move my account, I hope easy and fast.

K

maishai:
Lets not all ignore the cries of our Morgan brothers. They have just reminded me that this is Nigeria and putting all your eggs in 1 basket is Very dangerous... Remember not only to diversify your portfolio but also the vendors also

PharmAlfred:
Morgan Capital has caused undue loss to a lot of its customers. The situation is such that you can't take oppoertunities available in the market and you can't exit some bad stocks.
This is really bad. And to think that the Nov 4th date may not work leaves one more perplexed.

I don't even encourage having different vendors except you are big on cash.

Bros thanks for understanding what some people are going through unlike some that are acting as if people complaining don't have better things to do. Imagine someone saying 'people should quit whining about Morgan'. I just choose to ignore the statement. My luck is that i exited all 'try your luck stocks' and entered solid ones based on Q3, if not by now I'll be crying. Even at that there are some stocks one needs to take position in but no way.

It's well, My God pass them.

Planning on exiting FBN & DANGOTEFLOUR, just as I have exited SEPLAT... Making money is my hobby!

THE BIG SMART GUY

kentoto:
People,

Is this really happening,? am not even propelled to monitor the market sef

Did you guys notice UBA , dangote floor and FBNH all inching up?. What's going on.

Maybe investors are positioning for Q4/dividend rally already.

Please, I need to start checking out how to move my account, I hope easy and fast.

K

If I may Sir,

UBA: until it crosses 4.35 I'll not say it's going up. It's still within it's yield limit
Dangflour: Has released a rather good FY 2015 result - coming from a loss position and they have a history of paying dividend, though I don't think the yield is that much so it's normal for there to be some increase in the stock price.
FBNH: I'm not sure why anybody will be positioning for dividend in FBNH, when Zenith and UBA are on ground (GTB is over priced for dividend in my humble opinion). I said it when their result came out that paying good dividend now will not be their major priority for obvious reasons and they later confirmed it in their conference call. So..

ExLaidback:



If I may Sir,

UBA: until it crosses 4.35 I'll not say it's going up. It's still within it's yield limit
Dangflour: Has released a rather good FY 2015 result - coming from a loss position and they have a history of paying dividend, though I don't think the yield is that much so it's normal for there to be some increase in the stock price.
FBNH: I'm not sure why anybody will be positioning for dividend in FBNH, when Zenith and UBA are on ground (GTB is over priced for dividend in my humble opinion). I said it when their result came out that paying good dividend now will not be their major priority for obvious reasons and they later confirmed it in their conference call. So..

Thanks Bro,

Watching and praying..

K

DOLLARTEX:
I am sueing morgan for this,Our lawyers in the house,can something come out frm this case?joining nse as party.looking at their terms and conditions already!

I support you. They need to be sued

This must not pass 4th

Cashcraft was suspended for months BGL was suspended. Whining wont change nothing

bigass:
Cashcraft was suspended for months BGL was suspended. Whining wont change nothing

Noticed. You can go to bed now.

bigass:
Cashcraft was suspended for months BGL was suspended. Whining wont change nothing

We have heard, now you can shut up!

For God's sake, is this how the NSE wants to boost investors confidence in the NSE?
How on earth could they be so heartless to tie down peoples money?are investors the cause of Morgan's problem? This method is just too bad!
It must be changed!

stokfrick:
For God's sake, is this how the NSE wants to boost investors confidence in the NSE?
How on earth could they be so heartless to tie down peoples money?are investors the cause of Morgan's problem? This method is just too bad!
It must be changed!

What happened in MorganCapital that resulted in this was really bad. The hard stand of NSE shows that you don't rubbish, stockbroking must comply with the rules. Unfortunately Any time a stock broker is suspended it's their customers that suffer.

bigass:



What happened in MorganCapital that resulted in this was really bad. The hard stand of NSE shows that you don't rubbish, stockbroking must comply with the rules. Unfortunately Any time a stock broker is suspended it's their customers that suffer.

Hope it has nothing to do with their charges.
However, no matter what d broker's offence is NSE has no right whatsoever ever to take any decision that will infringe on the ability of the innocent investor to have access to his/her funds or stocks. Meaning that on the nse, one can wake up anyday and find out that access to their funds/ stocks have been blocked(even if the stocks can be transferred to another broker- an even more difficult process when d old firm is dead)
Such impunity is even more worse than whatever sin of Morgan!

stokfrick:


Hope it has nothing to do with their charges

No.

bigass:


No.

I suspect you work with Morgan capital.

Justcul:

I suspect you work with Morgan capital.

Morgan Capital, I want to agree has not been fair on us their customers. It took persistent pressure from us for them to come out with the NSE position. There could be other issues which they have failed to tell us. The Late MD disengaged long before he died. New management has since been running the company. They said Nov 4, I will log in on Nov 7.

godlyguy:
Planning on exiting FBN & DANGOTEFLOUR, just as I have exited SEPLAT... Making money is my hobby!

THE BIG SMART GUY

Exit NSE and NAIRALAND. NEWBIES will be better off without you here.....

They are better off if they stay away from people of your character who are in pretence... The last time I checked, I don't know you from Adam as a real person!

THE BIG SMART GUY

DeRuggedProf:


Exit NSE and NAIRALAND. NEWBIES will be better off without you here.....

They are better off if they stay away from people of your character who are in pretence... The last time I checked, I don't know you from Adam as a real person!

THE BIG SMART GUY

DeRuggedProf:


Exit NSE and NAIRALAND. NEWBIES will be better off without you here.....

I am telling you. All the stocks recommended by this smart guy has been moving south while the ones he told people to avoid are moving north.

leo1234:


I am telling you. All the stocks recommended by this smart guy has been moving south while the ones he told people to avoid are moving north.

He is not with his eyes..........he needs our prayers.

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/15632_CHAMPION_BREWERIES_Q3_SEPT_2016_FINANCIAL_STATEMENTS_NOVEMBER_2016.pdf

EPS moved form 0.56k to 1.24k

Oga, Please check the EPS again. It is in kobo oooo. N0.0056 to N0.0124. Profit after tax of N96,961,000 as against outstanding shares of N7,829,496,000.

Nigeria’s oil production is nearly back to normal following a sharp drop earlier this year due to rebels attacking pipelines, the oil minister said Tuesday. “The reality is that as of today and this morning, we are at 2.1 million barrels production. That’s substantial,” Minister of State for Petroleum Emmanuel Kachikwu said in the nation’s capital of Abuja. Nigeria normally produces around 2.2 million barrels per day (bpd), but output dropped to a low of 1.4 bpd this year due to rebels attacks. Addressing the press after a meeting between Nigerian President Muhammadu Buhari and representatives from the oil-producing Niger delta region, Kachikwu said “a lot ofbehind the scene engagements” were paying off. “Part of the expectations by 2017 is to target zero shutdowns as a result of militancy,” Kachikwu said, describing the talks as “fairly good, fairly civilised dialogue”. The meeting was attended by Edwin Clark, a veteran leader who spoke on behalf ofsome of the militant groups in the country’s restive southern swamplands, including the Niger Delta Avengers. Clark made 16 demands to the Nigerian government, including revamping an amnesty programme for ex-militants, reducing the military presence in the region and cleaning up pollution. The demands borrow heavily from the Avengers, who demand a greater share of oil revenue and also want the government to finish construction of a university. Without peace in the Niger delta, which produces the bulk of Nigeria’s oil, Buhari will struggle get the funds needed to kick-start the Nigerian economy out of its worst slowdown in years. But analysts point out that his government can only meet so many of the demands. “I think it’s the beginning of the discussion,” Dolapo Oni, energy analyst at Ecobank, told AFP. “We’ve seen the demands and we know not all of them can be granted, but as much that can be done I think Buhari will do,” Oni said. Then there is the issue of rival militant groups threatening any agreement. On Sunday, the Niger Delta Greenland Justice Mandate group claimed an attack on a gas pipeline, saying it will “never support” the talks and declaring “this is not ending soon.” AFP

The increase in the production of crude oil bpd is a good one and positive for oil companies.

Dono why FCMB had to audit their Q3 thereby extending our excitement.

Primetech:
Dono why FCMB had to audit their Q3 thereby extending our excitement.

It is good. It will help us to take certain decisions on some banking stocks without waiting for their Q4 results.