In this forum I have learnt to know my money mate...If I nolonger respond to your attack it means my money & your money no be mate!!!
So Rest

Your 100% portfolio profit after 6months could be 500k gain...while my 20% portfolio profit in 2 weeks could be +1M just saying

You can do the maths. Let's be guided...

Krisuba:
Please ogas in the house. I would like to ask ,those years that company declares divident and 1 for 1 Bonuses. How was d price markdown because going by d recent formula in the house, price would have been equal to zero!! Just wondering!!

It can't be equal to zero. Just use the formula on any of the company that declared such coperate actions in the past, and u'll find out.
If u can put out any coy that declared a bonus of 1 for 1 plus dividend in the past, I'll help u run the computation to determine mark down price.

To illustrate;
Assuming a coy X declared a 1 for 1 bonus plus a N2 dividend, and each share of it(per equity) was sold for N50 at the close of market on qualification date or before mark down date, then using the formula...
Mark down price(Mp)= Pbm- [Pbm[Br/(Br+1) + Dd], Pbm will be 50, Br=1/1 while Dd= 2.
Hence Mark down price Mp= 50- [50 [1/1÷(1/1+1) +2]= 50- [50[1÷(2) +2]= 50- [50(1/2) +2]= 50- [25] +2= 50- 27= 23.
...so the mark down price for a coy that declared a 1 for 1 bonus plus N2 dividend and which was selling for N50 before mark down will be N23 !!

Like I said before, the important thing is to know how to use the formula well(proper rationalization)
I've already proven the accuracy of the formula with the VITAFOAM example(when it gave a 1 for 5 bonus and paid a 25k dividend for the 2018 calender yr), but I will still make an example of it with JULIUS BERGER at the close of market this Friday(qualification date)

Hope its clearer now.

stcool:
In this forum I have learnt to know my money mate...If I nolonger respond to your attack it means my money & your money no be mate!!!
So Rest

Your 100% portfolio profit after 6months could be 500k gain...while my 20% portfolio profit in 2 weeks could be +1M just saying

You can do the maths. Let's be guided...

See your mates down there.

stcool:
In this forum I have learnt to know my money mate...If I nolonger respond to your attack it means my money & your money no be mate!!!
So Rest

Your 100% portfolio profit after 6months could be 500k gain...while my 20% portfolio profit in 2 weeks could be +1M just saying

You can do the maths. Let's be guided...

See bragging in a faceless forum!
Don't look down on people so you won't be taken unawares.

Good evening people,

I currently have a stock trading account with United Capital and I want to open another one with Morgan Capital.

I saw a stock transfer form and I am not sure I understand it. Is it for me to transfer my shares from United Capital to Morgan?

Also, I have a CSCS account I opened with United Capital. If I move to Morgan does it mean that my United Capital account will be closed?

Pls help

DeRuggedProf:



See your mates down there.

E funny how some people go count more than 20 stocks that they bought...

The only thing I ask is how many units in each stock

Going forward I know the people I would reply or quote in this forum

stcool:
In this forum I have learnt to know my money mate...If I nolonger respond to your attack it means my money & your money no be mate!!!
So Rest

Your 100% portfolio profit after 6months could be 500k gain...while my 20% portfolio profit in 2 weeks could be +1M just saying

You can do the maths. Let's be guided...

There is nothing noble in being superior to some other man. The true nobility is in being superior to your previous self. -- India Proverb

stcool:
In this forum I have learnt to know my money mate...If I nolonger respond to your attack it means my money & your money no be mate!!!
So Rest

Your 100% portfolio profit after 6months could be 500k gain...while my 20% portfolio profit in 2 weeks could be +1M just saying

You can do the maths. Let's be guided...

Dumbest post I've ever read on here.. smh

Emmaesty:
Good evening people,

I currently have a stock trading account with United Capital and I want to open another one with Morgan Capital.

I saw a stock transfer form and I am not sure I understand it. Is it for me to transfer my shares from United Capital to Morgan?

Also, I have a CSCS account I opened with United Capital. If I move to Morgan does it mean that my United Capital account will be closed?

Pls help

The share transfer form you were asked to sign is for you broker to use in processing your signature specimen with CSCS in the likely case you qualify for a dividend and the registrars require it.

Morgan will provide you with a fresh CSCS number. However you may consider using the same CHN for both accounts.

(In my case, I had Dang.Cem in my Morgan and Greenwich accounts and I expect to get dividends from both because they share same CHN.)
I hope this helps.

CHARLESNIPER:

u see why i been dey call u compound oluku. when senior bros dem like OGG, Rabbi, emawumi, and co been advise on stocks to buy, u go dey take ogogoro. fidelity been dey sell for 1.51 when u be dey shout sell sell 4 here until whenever and u no even allow man pikin hear word. now u don come dey buy am above N2. na so u take come miss opportunity dem because of 2much local drink. na who come wise now abeg no vex, where u come from oluku republic
For ur information, I am sitting on over 79-130% gain in some stocks including niemeth, Gsk, uba, access, gtb, zenith and ucap. plus returns from others like uacn, guiness and wapco. all thanks to the good oga dem 4 here. i bought caverton 4 short play today courtesy of the advise from Sir ogg and i intend to to buy 2 other stock he recomended tomorrow. na only transcorp still dey show small lag 4 my portfolio.
dey there dey sleep. orkpopesie!!!!

Bro pls this is not necessary. ...u are taking things a bit too far.
Even when one is angry, they can always let it off once, put out their views and move on !!
If its just about the incident of times past, I read ur past post and I really appreciate ur show of defence and support for goodness to prevail here, but its TIME TO MOVE ON.
...unless u have personal issues with the folks u attack.

Trust u remember what I told u in our chat yesterday. Don't know why u brought this up again.
Pls its time to hold out the olive branch !!

@ DeRuggedProf, pls am asking that u also lead the part in bold.
@ stcool it would've been better if u didn't post that u bought some stock(fidelity) today here.
Secrecy in this instance, should've been implored. ...especially when u had advised folks to do the exact opposite some weeks ago.
That's why some folks here have been taken a dig on u. Doing ur thing without mention would've been the way to go. Again learn to lead a SIMPLE and HUMBLE life and never be thrasonical over money.(I saw one of ur post)
That said, I'll also ask that u to pls sheath ur sword and let's move on !!

With devine on our side, our portfolios will all be rewarded !!

Selah

Justcul:


Dumbest post I've ever read on here.. smh

He thinks too highly of himself. An exaggerated valuation of self.

onegentleguy:


Bro pls this is not necessary. ...u are taking things a bit too far.

Selah

Nobody wins when the family feuds !

stcool:
In this forum I have learnt to know my money mate...If I nolonger respond to your attack it means my money & your money no be mate!!!
So Rest

Your 100% portfolio profit after 6months could be 500k gain...while my 20% portfolio profit in 2 weeks could be +1M just saying

You can do the maths. Let's be guided...

see compound oluku bragging about money oo. u be global mugu true true!!!! pikin, na only my zenith& gtb i just need to sell to feed ur entire generation. u sef know say u no reach naw!!! na now i confirm say u no get kobo sense at all. orpkorpise. st. cool evildoer!!!!

onegentleguy:

Bro pls this is not necessary. ...u are taking things a bit too far.
Even when one is angry, they can always let it off once, put out their views and move on !!
If its just about the incident of times past, I read ur past post and I really appreciate ur show of defence and support for goodness to prevail here, but its TIME TO MOVE ON.
...unless u know and have personal issues with the folks u attack.

Trust u remember what I told u in our chat yesterday. Don't know why u brought this up again.
Pls its time to hold out the olive branch !!

@ DeRuggedProf, pls am asking that u also lead the part in bold.
@ stcool it would've been better if u didn't put up the post that u bought some stock(fidelity) today here.
Secrecy in this instance, should've been implored. ...especially when u had advised folks to do the exact opposite some weeks ago.
That's why some folks here have been taken a dig on u. Doing ur thing without mention would've been the way to go. Again learn to lead a SIMPLE and HUMBLE life and never be thrasonical over money.(I saw one of ur most)
That said, I'll also ask that u to pls sheath ur sword and let's move on !!

With devine on our side, our portfolios will all be rewarded !!

Selah

sorry mr Sinclair, abeg no vex. that st.cool odeh and some people dem here no get sense, but i hear u brotherly. i go do as u yarn. am out!!!!

Oga , i don't understand this morgan people in processing document for dividend .i sent 20copies of e -transfer form when i was opening my account with them and few of my stock qualified for dividend. Kindly tell me what i can do from my side to receive the payment

dinyelutochukwu:


The share transfer form you were asked to sign is for you broker to use in processing your signature specimen with CSCS in the likely case you qualify for a dividend and the registrars require it.

Morgan will provide you with a fresh CSCS number. However you may consider using the same CHN for both accounts.

(In my case, I had Dang.Cem in my Morgan and Greenwich accounts and I expect to get dividends from both because they share same CHN.)
I hope this helps.

For our folks disagreeing to agree, y don't u take a leaf from peterichy and locodemy styles of doing it or Agba and Rabbi style of doing it...........I know d battle for the award of G.O.A.T is real but let's be matured about it

Something isn't right with the ASI index calculation.

NBrew gained 10%. Stanbic, Guinness, Dangote Sugar gained almost/or 9%.

Dangote cement was amongst the gainers.

All banks gained well.

Yet the index increased by 0.07%.

The index needs to gain nothing less than 2% with all these heavyweights gaining.

Justcul:


Dumbest post I've ever read on here.. smh

Olumo Rock hauled from a catapult.

IYGEAL:
In all the greens, the ASI remains red.

Anomaly!

RabbiDoracle:


Olumo Rock hauled from a catapult.

House
ignore stone throwing and digest this food for thought.

Warren Buffett’s famous first rule of investing is ‘never lose money’. His second rule, of course, is ‘never forget rule number one’.
identifying investments where you can be sure that you won’t lose money in the current environment is however extremely challenging.
Buffett’s Berkshire Hathaway currently has more than $130 billion in cash because it is finding it so difficult to find appropriate opportunities.
‘Preserving capital, at its core, is about maintaining the buying power of what you have.

RabbiDoracle:
Something isn't right with the ASI index calculation.

NBrew gained 10%. Stanbic, Guinness, Dangote Sugar gained almost/or 9%.

Dangote cement was amongst the gainers.

All banks gained well.

Yet the index increased by 0.07%.

The index needs to gain nothing less than 2% with all these heavyweights gaining.

Sir, I suspect the mark down of Dangcement before it gained thereafter.. it is calculated from the previous day close.

What do I know self?

RabbiDoracle:
Something isn't right with the ASI index calculation.

NBrew gained 10%. Stanbic, Guinness, Dangote Sugar gained almost/or 9%.

Dangote cement was amongst the gainers.

All banks gained well.

Yet the index increased by 0.07%.

The index needs to gain nothing less than 2% with all these heavyweights gaining.

Not really.
The heavyweights(mkt cap) didn't gain that much.
NESTLE closed flat(unchanged), MTN also unchanged after a slight intraday drop in price, AIRTEL also closed flat while DANGOTE CEMENT gained just ~2.46%.
When u factor in the fact that GTB, ZENITH and the other three 1st tiers were mainly the heavyweights that gained, then u'll see why the rise in index was marginal. ...of the FUGAZ, only ACCESS and FBNH witnessed maximum gains.
And don't forget that DANGOTE CEMENT was also marked down today, so that should take a bite from what would've been the start off point of the index to the opening and close of market.

U can do the estimate.

Justcul:


Sir, I suspect the mark down of Dangcement before it gained thereafter.. it is calculated from the previous day close.

What do I know self?

I also want to believe that the Dangcement mark down today distorted the index just like you mentioned

Enyinne:
Oga , i don't understand this morgan people in processing document for dividend .i sent 20copies of e -transfer form when i was opening my account with them and few of my stock qualified for dividend. Kindly tell me what i can do from my side to receive the payment

Let me share my experience.
Not all registrars require you to send a share transfer form.
First registrars and CardinalStone agreed to process my dividends without requiring my brokers to process a share transfer form for my FBN and WAPCO respectively. Only a signed copy of my E-mandate form was to be sent via email.
However, United securities requested that my broker process my share transfer form with CSCS in order for me to get my Dang Cem shares.
So, I’d advice that you contact the registrars for each of the stocks you’re expecting dividends to know what’s required of you.
NB: Many brokers have challenges processing shares transfer forms (signature specimen) during this lockdown period because they’re still working remotely, we hope things will continue to improve as measures are relaxed.

Justcul:


Sir, I suspect the mark down of Dangcement before it gained thereafter.. it is calculated from the previous day close.

What do I know self?

Ahhhh..... OK.

If there was a markdown of DC, then that says it all.

Thanks

Godlylifeoneart:



House
ignore stone throwing and digest this food for thought.

Warren Buffett’s famous first rule of investing is ‘never lose money’. His second rule, of course, is ‘never forget rule number one’.
identifying investments where you can be sure that you won’t lose money in the current environment is however extremely challenging.
Buffett’s Berkshire Hathaway currently has more than $130 billion in cash because it is finding it so difficult to find appropriate opportunities.
‘Preserving capital, at its core, is about maintaining the buying power of what you have.

Leave Buffett, he has lost touch.

onegentleguy:


Not really.
The heavyweights(mkt cap) didn't gain that much.
NESTLE closed flat(unchanged), MTN also unchanged after a slight intraday drop in price, AIRTEL also closed flat while DANGOTE CEMENT gained just ~2.46%.
When u factor in the fact that GTB, ZENITH and other three 1st tiers were mainly the heavyweights that gained, then u'll see why the rise in index was marginal. ...of the FUGAZ, only ACCESS and FBNH witnessed maximum gains.
And don't forget that DANGOTE CEMENT was also marked down, so that should take a bite from what would've been the start off of the index between the opening and close of market today.

U can do the estimate.

Yeah.... The DC bite!

RabbiDoracle:


Leave Buffett, he has lost touch.

Ha...Oga na Master o. I never graduate as apprentice.

As per my observations, some banks will experience pullbacks in the coming days after which they will make new highs, I am expecting FBNH to pullback to up to 14%, Guaranty to about 12% and FCMB to about 7%. After these retracements , new highs will be hit, my readings are based on Elliott waves analysis. I might be wrong sha, lets see.

Bolted out of gsk at 77 percent gain from my March loots. But still pained for selling 250k units out of corona panic left with just 56k units I sold today.

ositadima1:
As per my observations, some banks will experience pullbacks in the coming days after which they will make new highs, I am expecting FBNH to pullback to up to 14%, Guaranty to about 12% and FCMB to about 7%. After these retracements , new highs will be hit, my readings are based on Elliott waves analysis. I might be wrong sha, lets see.

It's a strong resistance on the NGSEBNK 5 year timeframe 318.99

RabbiDoracle:


Leave Buffett, he has lost touch.

I don't know Why we always hype the man. Develop your own analysis and trading strategy. You can take tips but dint ketvthem be the basis of your conclusion. Always study charts and defeat your inner demons of fear, greed, hope and impatience, then you are good to go.