robobo:


These MTN bidders are falling my hand ooooooooooooooo

i beg first thing tomorrow they shld up the bid to about 500m units ooooooo and back it up with cash

so that NSE can be very cash starved in other to facilitate the prices qouted above

Again im begging them in the name of all things they hold dear

because unlike them im OK with a div yield of 20% (im not really a greedy person) for the near future and those prices wld surely do it for me

It usually continues like this through out summer and the rush comes in October.

Let's see if the trend will change during summer

Market will be "sheep come and chop"(in ibo).

Lots of people are waiting with grinding stone and cutlasses.

Shout out to wapco faithfuls in d midst of all this man bruhaha.......... Our story will be like Dangote flour faithfuls amen....

......

I will still average down below #10........ I know the market is just waiting for any good news from them

tritritri:
WHY IS fidelity and fcmb not going down..abi it already underprice ?

Bros, easy

Tolktob:


https://investbamboo.com/

I got a very sketchy info on them.

Site has been only 173 days old online and
due to expires on 2019-11-24.

No info on physical address or contact info.

Only two images on fb page without any friends.

I seriously doubt if they're really serious.

Better still there are countless big brokers in US or Europe that has platform for
global stocks, foreign and crypto currencies e.g Tradeview, Etoro etc. just google it.

Finally, run away from any brokerage firm without any good review from recognized forum online.

my 2 cent though.

RabbiDoracle:


WHT ~ Withholding Tax

You can use lots of method to get the price you pay for your stock. However, the taste of the pudding is in the eating. You have to buy at or below the instrinsic value. This gives you a better margin of safety.

Now this is where your mind starts to play games on you. When you buy and prices starts to fall, you start to ask yourself if the price you bought was the right price. Aside all these theoretical computations, that is why you need to place your satisfaction on something that you derive value from. And that to me is dividends especially during a downtrend.

So this means that after getting your price to buy, you go further to ask: Presuming they pay the last dividend again, what Dividend Yield (after WHT) will be ok for me? 8%, 10%, 15% etc.

If it is >10%, I will advise you take up the stocks even as price falls. Because falling price will give you improved DY compared to the price you bought earlier. This is like dual buffer. Buying at or below intrinsic price and still waiting for dividends.

So long as price remains low, you could be adding units quietly for that good stock. You can buy large volume at a cheaper price in a downtrend and not an uptrend. So the bear is the period of planting. As in plant coke bottle during bear!!

Well understood sir. Thank you.

owoblow77:
What da fuuuuckkk. All my orders show expired

You didn't set time limit for your orders.

Usually place order time limit 3day, 7day e.t.c

mendes911:


Prophet Utuocha is still here with us. Look well and you shall see.

If you know, you know.

Please no let senior military officer catch you o
My hand no dey o

millennium2012:


I got a very sketchy info on them.

Site has been only 173 days old online and
due to expires on 2019-11-24.

No info on physical address or contact info.

Only two images on fb page without any friends.

I seriously doubt if they're really serious.

Better still there are countless big brokers in US or Europe that has platform for
global stocks, foreign and crypto currencies e.g Tradeview, Etoro etc. just google it.

Finally, run away from any brokerage firm without any good review from recognized forum online.

my 2 cent though.

Bros is using style to advertise his startup and you dey write epistle. He should go and get licence first

735i:


How you take bid?

Something wey go begin trade by 1.30pm

Meant placing a bid with my broker before the trading started on NSE. He ended up not getting me any...

Heishere:


Meant placing a bid with my broker before the trading started on NSE. He ended up not getting me any...

Lol! What did you expect?

Brokers got for themselves, family, friends and rich people they will continue to do business with, hoping others will buy it at a higher price. They have been heaping praises upon praises on MTN, I find that odd. Lol! It means only one thing... direct monkey hunting.

The shares sold yesterday was done through cross deals and many more are likely to follow suit...unless MTN decides to offload some units which I doubt. If you offloaded your stock to buy MTN I hope you see it to buy, otherwise...

https://businessday.ng/lead-story/article/update1-buyers-outweigh-sellers-on-mtn-nigerias-first-trading-day/

"MTN Nigeria, which did a listing by introduction today (Thursday) attracted a bid of 165 million units on the first trading day, which works out to N14.8bn at a N90 share price, but there wasn’t a single unit on offer. At least not publicly.

That’s because there was one private transaction which was a cross deal of 5.3 million units sold at N99 per share. That means MTN gained 10 percent on its first trade, effectively valuing the cross deal at N524 million."

https://www.proshareng.com/news/PUBLIC%20&%20PRIVATE%20OFFERS20%20/A-Fool%E2%80%99s-Guide-to-the-MTN-Nigeria%E2%80%99s-2019-Public-Listing/45345

Where is Sir Intendy?

He should come and resume his job. Stocks are hitting new 52 weeks year and his daily commentary and summary will be highly appreciated at this delirious time.

Agbalowomeri:
I don't know anything about this MTN but the fact that they pay out 80% of their PAT as dividend, the NSE I know will price it very high o

https://edition.cnn.com/2019/05/16/africa/mtn-nigerian-stock-exchange-listing-intl/index.html

"The only way new investors can get shares is if one of the existing investors decides to sell," Fawehinmi told CNN.
"But given the kind of dividend payouts MTN has been doing lately, it is hard if not impossible to see why any shareholder will sell," he added.
Na you help them write the report ?

hmmmm am tempted to inject..... who has the current working account of MC? kindly help me out

No need to queue up for this mtn. At a certain price, it would become available. I doubt if any one here would get it below 150.
Just my thoughts.

Mpeace:
No need to queue up for this mtn. At a certain price, it would become available. I doubt if any one here would get it below 150.
Just my thoughts.

If you see at N150 that is good, they cannot get it below N180-N200...even brokers want to buy and they cannot get it, at the end brokers will sell it to their clients at above N200

investors will soon know the real meaning of MTN everywhere you go!

stcool:


If you see at N150 that is good, they cannot get it below N180-N200...even brokers want to buy and they cannot get it, at the end brokers will sell it to their clients at above N200

But at 200, what is the point. They pay 80% of eps as dividend, good. But how much does that translate to - less than 10naira. Zenith will give a higher dividend return than that.

MTN, if una no go sell to me at 80naira, make una carry go.

Mpeace:
But at 200, what is the point. They pay 80% of eps as dividend, good. But how much does that translate to - less than 10naira. Zenith will give a higher dividend return than that.

MTN, if una no he sell to me at 80naira, make una carry go.

Time to BUY the hype. Most people will ask questions later

Make una offload una shares to buy MTN oo so we can buy your other shares at a cheaper price as First bank returned the Tbills money as failed after hoarding it for over a week. Yeye bank

Jejebabaa:
Make una offload una shares to buy MTN oo so we can buy your other shares at a cheaper price as First bank returned the Tbills money as failed after hoarding it for over a week. Yeye bank

Last Bank.

Mpeace:
But at 200, what is the point. They pay 80% of eps as dividend, good. But how much does that translate to - less than 10naira. Zenith will give a higher dividend return than that.

MTN, if una no he sell to me at 80naira, make una carry go.

make them just crash the price of zenith, gt and uba. Am ok with the 3 mtn people can enjoy their ride no hard feelings

Jejebabaa:
Make una offload una shares to buy MTN oo so we can buy your other shares at a cheaper price as First bank returned the Tbills money as failed after hoarding it for over a week. Yeye bank

Tbills is really going down these days. I saw the rate for primary auction this week 12.49% for 364 days, 12.30% for 282days and 10,% and I just weak. Hmm things dey happen

The earlier those queuing up for mtn face reality that they cant get to buy, the earlier they moved those funds to other stocks and allow bull run.

Mcy56:
The earlier those queuing up for mtn face reality that they cant get to buy, the earlier they moved those funds to other stocks and allow bull run.

you are a spoil sport oooooo. y do u want them to face reality

i beg make them no face am. make them offload ALL there other stocks to go and queue to buy MTN

wanaj0:


Time to BUY the hype. Most people will ask questions later

Do you intend on selling yours?

mendes911:


Do you intend on selling yours?

You no understand him talk. He means its time to jones. Sense will come latter.

Mcy56:
The earlier those queuing up for mtn face reality that they cant get to buy, the earlier they moved those funds to other stocks and allow bull run.

That's right!
Let's create our own bull run joor since we can't get a piece of the MTN action
The only time they will give us chance is at the end like Dangflour

robobo:
you are a spoil sport oooooo. y do u want them to face reality
i beg make them no face am. make them offload ALL there other stocks to go and queue to buy MTN

Lol.