yMcy56:

.......and planning stiff competition with dangcem.
The coy has been in existence for long nah.

We may call it pumping or whatever, my own be say, anything wey go make us chop with moneybags is welcomed.....

But wapco is much longer yet.....

ojeysky:


But wapco is much longer yet.....

infact that stock ....I don't understand

currentprice:


nobody knows you sabi mkt with your old moniker the way u play the mkt this days

anyway not talking about FLOURMIL

dont get me wrong, flourmil is a good stock but the mgt need to improve on their efficient rate.

latest report shows they manage to make profit of less than N10b from revenue of N355B

flourmil due for Q3 report. the stock i refer to due for Q4

My oga, any latest on vitafoam

robobo:


My Oga we MIGHT be surmounting both resistance this time around (unlike 2014 and 2018) however the ride would be quite VOLATILE and BUMPY. Also the time frame wld be a little stretched. My thesis rest on twin factor of big caps listed within the last up (2018) and now (e.g MTN / AIRTEL/ BUA) and the fact that the world is just at the START of resurgence / recovery from a Global hit (Covid 19) with more leg room to UP and its attendant spillover into our market.

Alright. Appreciate the feedback.

ojeysky:

But wapco is much longer yet.....

How do you mean sir?
So you were back in Wapco at higher price after selling to someone at discount?

Market:
Closing at 12.30pm today......

MTN: Up with 9.90..........to close at 169.90...

FCMB.......down initially but Up with 30kobo in last minute! Power of MM with superb manipulations (vi cross deals).......
Those that bought @2.88 will be closing the year with good profit....

**Updated**

yMcy56:
Market:
Closing at 12.30pm today......

MTN: Up with 9.90..........to close at 169.90...

FCMB, banking generally.........down....

Trading is over for the year.

We tried our best in 2020.

2021 will be better for us

locodemy:


Trading is over for the year.

We tried our best in 2020.

2021 will be better for us

Amen

locodemy:
Trading is over for the year.
We tried our best in 2020.
2021 will be better for us

AMEN by the mercies of God.

locodemy:


Trading is over for the year.

We tried our best in 2020.

2021 will be better for us

Amen

Expecting their financials next week, also did you see the massive 18.1million shares volume that was traded @7.80 today?

Valueinvestor:

My oga, any latest on vitafoam

Linkage : is it a good dividends stock based on its price and Q3 2020 results.
Should I wait for it to follow below 40k before buying.

dharpzee:
Expecting their financials next week, also did you see the massive 18.1million shares volume that was traded @7.80 today?

Absolutely, shows a strong interest somewhere,something must definitely be brewing,good Q1,Q2,Q3, We expect nothing less in Q4

yMcy56:

How do you mean sir?
So you were back in Wapco at higher price after selling to someone at discount?

No am not longer in wapco and yes I didn't make much off it, I didn't loss either, just saying BUA has such a huge margin from WAPCO which is not a good sign for WAPCO

moneymanager:
How can people be praising daily price movements that don’t hold. Predicting upward trends for stocks that are ending in daily losses.
Pls Oooooo. Am I missing something

....
Oga, didn't you see cross deal there?
Also, those were daily market updates, about what was on-going in the market. Different from how market eventually closed.

yMcy56:
ACCESS: 9.35!
About 55M cross deal at 9.35.....

BUACEM: 77.35 ........up with 6.95......…..

The way Senior ladies and gents in this group dey speak. One must wonder if we are seeing different markets.
These stocks you are mentioning are ending in price loss for the day and yet people are saying the opposite here

SMA50:
FBNH, ACCESS and UBA. These have been accumulating for a while. Zenith will definitely move too.

Unless the government comes up with a negative policy, you never get it wrong with good Fundamental stocks

How can people be praising daily price movements that don’t hold. Predicting upward trends for stocks that are ending in daily losses.
Pls Oooooo. Am I missing something

yMcy56:

.......and planning stiffer competition with dangcem.
The coy has been in existence for long nah.

We may call it pumping or whatever, my own be say, anything wey go make us chop with moneybags is welcomed.....

Na so madam. Some will chop with the moneybags while most will help them to carry the bags. Some people talk say if one person own no spoil, another person own no go beta.

ojeysky:

No am not longer in wapco and yes I didn't make much off it, I didn't loss either, just saying BUA has such a huge margin from WAPCO which is not a good sign for WAPCO

It's okay then. Thought you again jumped in higher.

As for Wapco and BUA, you can't draw up conclusion just like that....many factors to consider.
They may be in same sector but with different analysis, sentiments, factors that can push them at different times, etc.
Wapco has done so well by moving from 8.85/9.00 to N25.......then back to 21.....that's over 100% ........the stock will need a trigger to again move the bus.
Remember Wapco just came out of the wood too.......think patience is required here.

Sabiboy99:
Nem Shareholders are very stingy abeg

How?

Maybe it will be proper to say you are selfish

Lion123:
Meanwhile, my friend in the Presidency just told me that plans are underway to start taxing capital gains on NSE stocks as from next year. This Buhari is a funny guy.

Capital Gains Tax is in the Nigerian Tax Laws. Every nation in the world taxes capital gains. Nigeria has the lowest tax receipts as a percentage of gdp even among West African countries by a very wide margin. We want government services but do not want to pay taxes. Would the money come from the air? We cannot continue to use the excuse of corruption to resist taxes.

Dupeodus:


Capital Gains Tax is in the Nigerian Tax Laws. Every nation in the world taxes capital gains. Nigeria has the lowest tax receipts as a percentage of gdp even among West African countries by a very wide margin. We want government services but do not want to pay taxes. Would the money come from the air? We cannot continue to use the excuse of corruption to resist taxes.

We run generators to run laptop to trade...
Cost of fuel per litre is on the rise.....
Cost of Electricity is on the rise even when it is available...
We are paying for high rate of data to connect to brokers...
Stockbrokers commission on the increase....
Stamp Duties was recently increased....
Unemployment rate at 27% which we know its understated...
Inflation rate is at 12.88%
Let them continue with their CGT on our tasere stocks....
Most of us are gradually moving our portfolio to abroad...
Their brain will reset when they see...
low patronage of Nigerian Stocks...
Presidency dont know we have alternatives.
Very lazy set of leaders

Dupeodus:


Capital Gains Tax is in the Nigerian Tax Laws. Every nation in the world taxes capital gains. Nigeria has the lowest tax receipts as a percentage of gdp even among West African countries by a very wide margin. We want government services but do not want to pay taxes. Would the money come from the air? We cannot continue to use the excuse of corruption to resist taxes.

The excuse of corruption to resist taxes is a VERY good excuse. Keep paying taxes so our sh*thead politicians can continue looting and buying mansions in Banana Island for their 22-year old girlfriends

Is is true you must have about 1millon in your account before u use Stanbic brokers as ur firm..
I was about to fill their online form as my agents when o saw the about..
I need more enlightment from experienced folks if its a clause with a condition. as i ve about 20k to start with plan to keep topping up for the stocks i choose

[quote author=chimex38 post=97591685]Is is true you must have about 1millon in your account before u use Stanbic brokers as ur firm..
I was about to fill their online form as my agents when o saw the about..
I need more enlightment from experienced folks if its a clause with a condition. as i ve about 20k to start with plan to keep topping up for the stocks i choose[/quote

It used to be 10 million, you can call them to confirm the current amount

[quote author=lostinHeaven post=97592533][/quote]

Current minimum is 5million

Special thanks to Madam Mrcy, for her contribution on this platform that had made me traded successfully this year. My porfollio appreciated 80% from June till date.
I am very grateful.
Also to the Oga's, God shall bless you continually.

chimex38:
Is is true you must have about 1millon in your account before u use Stanbic brokers as ur firm..
I was about to fill their online form as my agents when o saw the about..
I need more enlightment from experienced folks if its a clause with a condition. as i ve about 20k to start with plan to keep topping up for the stocks i choose

Used to be N10 million about 12 years ago, it is now minimum of N5 million

Lion123:


The excuse of corruption to resist taxes is a VERY good excuse. Keep paying taxes so our sh*thead politicians can continue looting and buying mansions in Banana Island for their 22-year old girlfriends

Danniee:
Special thanks to Madam Mrcy, for her contribution on this platform that had made me traded successfully this year. My porfollio appreciated 80% from June till date.
I am very grateful.
Also to the Oga's, God shall bless you continually.

yes oo. madam mcy really tried.
special shout out to these guys too for keeping the house active and dishing out tips

megawealth, loco, currentprice,OGG, Emmanuelewumi,ukay, rabbidoracle AND Every other guys too, which I didn't mention.

we look forward to a great trading season come next year.

All the bargain hunters,panic bringers(THERE IS FIRE IN KATANGA), how far? have the fire quenched

HAPPY NEW YEAR IN ADVANCE