bobbyL:


Thank you. Yes it helps. I think Morgan Capital charges 0.25% but I came across some posts saying there are other hidden charges.

I am not really a JIJO person. I don't intend to use signals or indicators per se. More of fundamentals, that's why I need a reliable broker that I can also use their reports. From what I have seen so far, I really like FSDH‘s analyst reports.

Will check ARM's charges. Thanks again.

Morgan charges a yearly access fee of N2500. if peradventure you do not have that amount left in your account with them by the beginning of that year, your access to the online platform will be block. even if they do not allow you trade that whole year it will still be still be debited when ever you intend to trade. I do not know if other stock bricking firm with online access operate that way too.
I know that with other analog brokers like cashcraft and co its only their stated charges at point of purchase or sale that they deduct. Most times money left in your account with unspent generate interest.

chillykelly86:


2016 Year end dividend was from other subsidiaries of FBNH, not the bank. (The bank makes up over 90% of the Holding Company).

Got u , thanks

bobbyL:


Thanks a lot.
There was a time I saw complaints of hidden charges, as well as poor customer service. They were also suspended at a point in time. for JIJO, won't that be a problem? I know their trading platform is directly linked to the NSE's trading engine but is there any other stockbroker linked in the same way?

I don't really want to do JIJO but it is possible I want to exit shortly. I just don't want a broker that is prone to disappointing it's customers.
If you use Morgan, please share your experience. And other people too. Please help. Thanks.

I use Morgan and they are not that bad, all you need to be doing, is to share any difficulty you encounter with them, here. And you'll be given a solution.

Tritri:
@BullBearMkt ....No more BUY SIGNAL again abi SIGNAL dan die ....?

...lol!!!
You're very funny Tritri. Just wondering what you did with those provided before! There will always be BUY SIGNALS as long as the Exchange open every week. But honestly, I am trying to reduce the signals send to the forum nowadays, as I notice many TA are coming onboard (which is a good thing), and many people here are more inclined to fundamentals on NSE.

I will endeavour to always attend to specific queries addressed to me.

BullBearMkt:

...lol!!!
You're very funny Tritri. Just wondering what you did with those provided before! There will always be BUY SIGNALS as long as the Exchange open every week. But honestly, I am trying to reduce the signals send to the forum nowadays, as I notice many TA are coming onboard (which is a good thing), and many people here are more inclined to fundamentals on NSE.

I will endeavour to always attend to specific queries address to me.

Oya attend to mine ooh..In order words u Will post your signal when requested abi? Meanwhile what if i want u as Mentor .. ? Not nairaland mentor ooh..I mean real life mentor (phone call/sms/visiting)..providing guidance and helping me grow .. do u offer such service ?

Tritri:


Oya attend to mine ooh..In order words u Will post your signal when requested abi? Meanwhile what if i want u as Mentor .. ? Not nairaland mentor ooh..I mean real life mentor (phone call/sms/visiting)..providing guidance and helping me grow .. do u offer such service ?

...more importantly, my objective on this forum is to show people how to use technical analysis to their advantages, hence series of educative posts sent earlier including the webinar organised recently. But once in a while as I mentioned before, I will be posting buy signals.

If you require further assistance, kindly send notification to me via my Nairaland profile.

bigtt76:
You're welcome. I don't know if their charges are 1% of your total transaction cost plus other statutory charges for CSCS, Stamp Duty etc. I hope this helps? How much does Morgan Capital Charges? I choose ARM because they seem more established in other areas outside stock brokerage.

Stockbroking firms are like humans non is perfect. You can have 75% or more performance from some of them. As par charges I still prefer Morgan. but if you are not a trader u can use Investment-one. They also have online platform with 1K one-off payment for the service.

You're right Morgan Capital is cheap but has 2500 naira annual charge for use. I don't know of ARM charges outside the transaction charge and statutory fees but their reports might not be too detailed for you. Please JIJO?

bobbyL:


Thank you. Yes it helps. I think Morgan Capital charges 0.25% but I came across some posts saying there are other hidden charges.

I am not really a JIJO person. I don't intend to use signals or indicators per se. More of fundamentals, that's why I need a reliable broker that I can also use their reports. From what I have seen so far, I really like FSDH‘s analyst reports.

Will check ARM's charges. Thanks again.

bigtt76:
You're right Morgan Capital is cheap but has 2500 naira annual charge for use. I don't know of ARM charges outside the transaction charge and statutory fees but their reports might not be too detailed for you. Please JIJO?

Thanks a lot. Now thinking of using at least two brokers. Maybe Morgan and another that has a fund management business. Investment one, ARM or another. At least I can get some change on spare cash if I put it in their money market funds. Makes moving cash easier.

JIJO is a very sharp two-edged sword. I'm not sure I am suited to it, at least from my non-trading experience. I know say na wetin dey reign for here be dat.

BullBearMkt:


...from the longer time frame, we have just completed Corrective wave A, B, C after Impulse wave 1, 2, 3, 4 & 5 which started late 2011. We ended another correction last year November and could probably starting another correction OR we are just starting Elliot wave 1

Nice one
- see that price line (28,000 region)
- its a major resistance dating back to 2010 ! Took a couple of rejections before the breakout bull run leading to 2014
- long term chart provide more info

bobbyL:


Thank you. Yes it helps. I think Morgan Capital charges 0.25% but I came across some posts saying there are other hidden charges.

I am not really a JIJO person. I don't intend to use signals or indicators per se. More of fundamentals, that's why I need a reliable broker that I can also use their reports. From what I have seen so far, I really like FSDH‘s analyst reports.

Will check ARM's charges. Thanks again.

CSL Stockbrocker, is another Stockbrocker with real time online trading platform, the only different between them and Morgan capital is their total charge in buying and selling.
CSL charge 3 percent all put together, while Morgan charge 1.5 percent in all put together (buy and sell)
CSL has no yearly charge, but Morgan charge 2,500.
CSL serve better in terms of investment to compare with Morgan, but I believe that Morgan is strongly coming up.
Their charge is superb and favour jijo group more better than other stockbrokers.
At side of showing bid and offer
Morgan is now failing, their bid and offer these days is not working properly, am yet to discover bid and offer in CSL platform.

GTbank
- the long play
- Inverse head & shoulder formation

Weekly Chart:
https://invst.ly/3zpb-


For more about Inv H&S Chart pattern :
http://www.investopedia.com/terms/i/inverseheadandshoulders.asp

fxuser:
GTbank
- the long play
- Inverse head & shoulder formation

Weekly Chart:
https://invst.ly/3zpb-

For more about Inv H&S Chart pattern :
http://www.investopedia.com/terms/i/inverseheadandshoulders.asp

Please this is purely TA ohh.
#DYDD (do your dd)

#Randomcharting

Morgan capital charges 1.5 percent in buying and selling put together.
Buying is about 0.65 while
Selling is about 0.85
But their commission alone minus stamp duties and other charges is 0.25

fxuser:



Please this is purely TA ohh.
#DYDD (do your dd)

#Randomcharting

Nice one bro,
i will be on the look out for a pull back.

k

Princkez:
supported,i luv people like u who can see into d future..(e.g ..our G.O. SIR IHEDIORAMMA)may ur coast neva run dry.

Amen o, all so to you . one love .

Please what those RIGHT ISSUE ofor a company share price means.....uacn property a day livestock sent me documents concerning their right issues. ....am a share holder in these two companies. .Please does it mean I will buy the stock cheaper in the floor on NSE?


PLEASE I need kind explanation on what Right Issue of a company share means.....

Thanks you

CC. ...bullbearMekt, FXUSER, cool cash, etc.....

FBN

- apart from d last 2 wks , last time SP closed > N4 on d weekly was middle of last year
- weekly charts look like a double bottom reversal #imo

#justobserving

fxuser:
FBN

- apart from d last 2 wks , last time SP closed > N4 on d weekly was middle of last year
- weekly charts look like a double bottom reversal #imo

#justobserving

Please what of Dangote Flour Plc....What is the TA....? Any pull back soon?
Thanks

please, am really interested in investment, but I don't know how to go about it....how much is the minimum, and other things I need to do...thanks

dacoza007:
please, am really interested in investment, but I don't know how to go about it....how much is the minimum, and other things I need to do...thanks

Minimum of #1000 but you have to read three books about investment/stock/shares first .

UBA

- bullish upward trend , Weekly hammer formation

Weekly Chart:
https://invst.ly/3zpgq


DYDD

#RandomCharts

bigtt76:
You're right Morgan Capital is cheap but has 2500 naira annual charge for use. I don't know of ARM charges outside the transaction charge and statutory fees but their reports might not be too detailed for you. Please JIJO?

Hi, i have been seriously considering opening an acvount with ARM Securities. So you use their trading platform? Is it linked directly to the floor of the stock exchange and how user friendly is the platform?

Yes I use them and it's user-friendly. It is connected to the stock exchange's servers like others so you can get real-time stock prices and make your purchases which are validated real-time if done before 12 noon else it takes effect next day. I hope this helps.

Infinitisi:


Hi, i have been seriously considering opening an acvount with ARM Securities. So you use their trading platform? Is it linked directly to the floor of the stock exchange and how user friendly is the platform?

ukay2:
Please what those RIGHT ISSUE ofor a company share price means.....uacn property a day livestock sent me documents concerning their right issues. ....am a share holder in these two companies. .Please does it mean I will buy the stock cheaper in the floor on NSE?


PLEASE I need kind explanation on what Right Issue of a company share means.....

Thanks you

CC. ...bullbearMekt, FXUSER, cool cash, etc.....

Rights issue are additional shares issued by a company to its EXISTING shareholders. The existing in capital letter as a matter of emphasis to tell you that not for everybody but for people who currently are shareholders in the company.

Rights issue is a financing strategy at a cheaper cost used by companies to either refinance debt (i.e. debt settlement), business expansion or fund strategic acqusitions.

Rights issue price are usually lower than the market price because its suppose to woo existing shareholders to take it up.

They are not available on the floor of the exchange as they are bought through designated issuing company's underwiriter. Think of this like an IPO (Initial Public Offer)...Note that the difference between IPO and rights issue is that the former is for all comers but Rights are meant for existing shareholders.

As an existing shareholder, it is NOT compulsory you take it up. As such, it can be ignored. You also have the option of buying into it or you buy and then sell it on the exchange.

Most investors dislike rights issue because it dilutes their shareholding in the company. The value of their investment drops as more shares are being created causing total outstanding shares to be on the high side.

Like i said, it is not compulsory you buy it. Just do your DD before taking your decision.

Good luck.

stockish:
Let's just leave him. People like him preach even in the buses and the Word of God is not meant to be accepted only when convenient. Bible says preach in season and out of season, Bible also says go yea into all the world and preach the gospel. So leave him, this place is still part of all the world. After all whose report should we follow? God's or man? Man says "don't preach" God says "go ye into all the world and preach". I think the brother is a die hard christian. The like of Paul who was tortured, stoned and even sent to prison many times for preach. Yet he continued. Pls let accommodate him, may be he'll bring in God's finger into our portfolios

When are you going to quote what the Koran says and what Ifa says? please learn to respect people, this forum is for stocks there is a forum for religion. Will it not be foolish to post NSEMPA information in the religion forum?
How much will you like it and will comment above if someone starts spamming this thread with Arabic inscriptions claiming to send a message?

Ovamboland:


When are you going to quote what the Koran says and what Ifa says? please learn to respect people, this forum is for stocks there is a forum for religion. Will it not be foolish to post NSEMPA information in the religion forum?
How much will you like it and will comment above if someone starts spamming this thread with Arabic inscriptions claiming to send a message?

Yes o!, truth be said Lets give to cesar what's cesar's and to God what's Gods......I really hated the rant when it came Loco's giveaway, It stank with hypocrisy!!!

Coolcash1:


Rights issue are additional shares issued by a company to its EXISTING shareholders. The existing in capital letter as a matter of emphasis to tell you that not for everybody but for people who currently are shareholders in the company.

Rights issue is a financing strategy at a cheaper cost used by companies to either refinance debt (i.e. debt settlement), business expansion or fund strategic acqusitions.

Rights issue price are usually lower than the market price because its suppose to woo existing shareholders to take it up.

They are not available on the floor of the exchange as they are bought through designated issuing company's underwiriter. Think of this like an IPO (Initial Public Offer)...Note that the difference between IPO and rights issue is that the former is for all comers but Rights are meant for existing shareholders.

As an existing shareholder, it is NOT compulsory you take it up. As such, it can be ignored. You also have the option of buying into it or you buy and then sell it on the exchange.

Most investors dislike rights issue because it dilutes their shareholding in the company. The value of their investment drops as more shares are being created causing total outstanding shares to be on the high side.

Like i said, it is not compulsory you buy it. Just do your DD before taking your decision.

Good luck.

Thank you. ....I will just ignore this right issue. .....wI'll rather prefer buying from the floor on nse anything I may consider them....

Thank you very you. This is helpful.

bigtt76:
Yes I use them and it's user-friendly. It is connected to the stock exchange's servers like others so you can get real-time stock prices and make your purchases which are validated real-time if done before 12 noon else it takes effect next day. I hope this helps.

Fidson exploring other alternative in case Evans fails

http://nairametrics.com/why-fidson-may-acquire-may-and-baker/?utm_source=&utm_medium=twitter

Coolcash1:

bullbearmkt How much did dangote flour paid for their last dividend