Chibuking81:
I uses CSL, Morgan Capital, Standard Union. CSL charges 3% in both buying /selling and uses real time online trading, and Morgan uses real time online trading too. Morgan has better feature in their online trading than CSL, sometime CSL misbehave. Like one may place an order and cancel it, the money will hang till the next day, but Morgan capital drop down to your account ready to be use the next second.
Both show offer and bid quantity and price.
I prefer Morgan because, at 3% gain in any stock I purchase using Morgan, am making 1.5% gain if I should sell at that price ( 1.5% of #10 million is #150,000). But with CSL or any other stockbrokers, at 3% no gain added.

proflomo:
You guys are really great on this platform. I really appreciate everyone of you that responded to my question and then went ahead to deliberate at length about it. Kudos my brothers and sisters.

The only question I have left now is WHAT'S THE MINIMUM AMOUNT TO START WITH MORGAN?

Thank you all.

Yayira:


I know.. just glad she secured the Bag ! best split ever..
Men and their wahala
cc Agba

yok:
NIGERIA STOCK MARKET GENERAL COMMENT /MSCI POSITION (NSE STOCK MARKET WEATHER REPORT) - FOR 15 JANUARY 2019

MSCI Nigeria sold only 2 equities (details for subscribers only) and has just taken up 16,981,341units rights of Lafarge.

Market breadth was draw 11 gainers 11 losers, but the all share index fell by 0.45%, close of today will tell us what the week will look like. Big players are not expected to do much this week as a major news event (MPC) is on the way.

Market still expected to trade sideways/lower for the day. Likely some news readers will buy early in the early trading season, while the real players are expected to close the day downwards.


Our trade selection still remain same as yesterday (details of entry, exit/stop loss available to subscribers only)

For Tuesday 15 January 2019 projection for the Nigeria All Share Index, expected High is 30,077.10 Low at 29771.10

From this year, I will start talking about companies that are likely to be takeover/merger candidates. They are many companies that will fall in this category and will be a worthwhile research. Especially when they are trading at a very low point that our maximum loss is within 15% to 20% range. For this I will be posting more in our twitter handle.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero, unless the fund is exiting from the particular Country involved. This is an equity fund investing in the Nigeria market. The date displayed may not be the actual date of purchase/sale of equity (this is legal and allowable under the regulations guiding funds operations in general).

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI Nigeria for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified. Get us at twitter https://twitter.com/AnalysisTarget

austinkenneth:


Info that is publicly available is what you are reserving for subscribers. Na wa for u oooo.
The fund sold 530000 units of Oando and 50,000 of Dangote Sugar yesterday.

Yayira:


3% ! Just imagine. nawah
If Morgan can do this for 1.7 and still in business after five years, then CSL, FBNQuest, Standbic no try at all !
FBNQuest don’t even have online trading yet they charge high..

Flattino:
The other day I wanted to open morgan capital account. But Na their policy discourage me . N2500 per annum online access , N500 and N1000 withdrawal charges bla bla.

valentinenwoko:
Old I need explanation how CILeasing share price was arrived at N8.29. I thought it is 1:4 therefore price is N1.78*4=N7.12

proflomo:
The only question I have left now is WHAT'S THE MINIMUM AMOUNT TO START WITH MORGAN?.

Mcy56:

The bolded is not applicable again. Cant remember them deducting 2500 for the past two years now, seems they stopped it already, so also the withdrawal charges quoted does not apply.

tritritri:
31 Dec, 2018 dey charged u 2,500 . go through ur acct again statement again. dey charge withdrawal fee also..

Mcy56:

The bolded is not applicable again. Cant remember them deducting 2500 for the past two years now, seems they stopped it already, so also the withdrawal charges quoted does not apply.

Jejebabaa:
Madam, this confirms you dont review your statement of account or you enjoy some preferential treatment from their management being one of their board of directors.

aremso:




Please how do i access this?

austinkenneth:


https://www.globalxfunds.com/funds/nge/

yok:
NIGERIA STOCK MARKET GENERAL COMMENT /MSCI POSITION (NSE STOCK MARKET WEATHER REPORT) - FOR 15 JANUARY 2019

MSCI Nigeria sold only 2 equities (details for subscribers only) and has just taken up 16,981,341units rights of Lafarge.

Market breadth was draw 11 gainers 11 losers, but the all share index fell by 0.45%, close of today will tell us what the week will look like. Big players are not expected to do much this week as a major news event (MPC) is on the way.

Market still expected to trade sideways/lower for the day. Likely some news readers will buy early in the early trading season, while the real players are expected to close the day downwards.


Our trade selection still remain same as yesterday (details of entry, exit/stop loss available to subscribers only)

For Tuesday 15 January 2019 projection for the Nigeria All Share Index, expected High is 30,077.10 Low at 29771.10

From this year, I will start talking about companies that are likely to be takeover/merger candidates. They are many companies that will fall in this category and will be a worthwhile research. Especially when they are trading at a very low point that our maximum loss is within 15% to 20% range. For this I will be posting more in our twitter handle.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero, unless the fund is exiting from the particular Country involved. This is an equity fund investing in the Nigeria market. The date displayed may not be the actual date of purchase/sale of equity (this is legal and allowable under the regulations guiding funds operations in general).

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI Nigeria for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified. Get us at twitter https://twitter.com/AnalysisTarget

Coolcash1:
the mini bull we are seeing in the market is expected as treasury bills was under subscribed... money don enter capital market be that

maishai:


Oga yok, abeg na? Dont deny this thread of your updates........... For msci to take up their rights I have to start accumulating wapco....It will definitelly pay off

Mcy56:
Where is CP, Mendes and Prof self?
Mendes im about to write application and if you no show up I dey go be that o.
Na joint application me and yayi wan write and both of us must be qualified same time.
Hope Michael is not catching cold already. We are both nice and will treat you well.

NoMoney:



Cileasing had a little reconcilliation problem. They assumed they had 1.6b shares while the exchange had 1.88bn shares in their own records.

If you reconstruct 1.88bn shares to 404m shares you get the N8.29 per share with a reconstruction ratio slightly less than 1:4.

Mcy56:
Anyone wey like insurance stock fit look Nem side, the price fall don stabilize. Royalex too if u can get at 20-22kobo.
No be monkey hunting oo cos me no get permanent bus for now.
Oga BBM abeg help us check Nem chart.

BullBearMkt:
...last week decline was phenomenon!
-Last 2 trading days shows indecision in the market - BULLS or BEARS?
-It would have been better if such indecision appears on a support -> that would have been a
-Today's market reaction might determine if a reversal will occur or the fall will continue

Mcy56:

Thanks sir.
It already stabilized since 11th Jan and is reversing and moving up today based on SA and OA.
Bid is approximately 5M against Zero offer as at now. Appreciate!

Mcy56:

Thanks sir.
It already stabilized since 11th Jan and is reversing and moving up today based on SA and OA.
Bid is approximately 5M against Zero offer as at now. Appreciate!