4tunebest:


It is not just about his ability to borrow huge amount of money; also of implication is that certain banks willingly offered to give him huge funds to help them manipulate their company's share prices on the Exchange, which he did successfully for several years.

He must have exhuded confidence for banks to willingly do that or they just got greedy

Mcy56:
GTL MYTRADEBOOK:
This site is still offline till now. No mail, nothing. This is not right.

I'll advice those using only mytradebook to consider opening additional account with another digital broker to avoid ugly scenarios.

cc: @Locodemy @DrLammy

Omoh the matter is tiring... I think I will be forced to quit when their site is back
I no do again

drLammy:

Omoh the matter is tiring... I think I will be forced to quit when their site is back
I no do again

There's no need quiting, they still offer good brokerage services, any brokerage house can experience same. You just have to have additional one account with another house.......same CHN though.
The worrisome aspect is the lack of communication on their part.
They ought to pre-inform customers and I don't expect major upgrade to occur around this time.
Why not wait till there's public holiday that'll likely include weekends?
Think that's just the insensitive aspect of Greenwich.

JAPAUL getting ready to dig again... We must chop well oooooo

Full bid? This time around hope it leads to IPO price

Not a buy RECOMMENDATION... DD applies

Mcy56:

There's no need quiting, they still offer good brokerage services, any brokerage house can experience same.
The worrisome aspect is the lack of communication on their part.
They ought to pre-inform customers and I don't expect major upgrade to occur around this time.
Why not wait till there's public holiday that'll likely include weekends?
Think that's just the insensitive aspect of Greenwich.

Of course! They have a good platform
But, them just shutting off for a week now, even if they have communicated sef... It's not Nice at all

Probably they cud do worse later who knows

E Ku Market o.
Free fall halted........recovery in sight with green sighted in quite a lot of stocks.........too early for this comment?
Let's keep watching......


**Not any form of advice**

drLammy:

Of course! They have a good platform
But, them just shutting off for a week now, even if they have communicated sef... It's not Nice at all

Probably they cud do worse later who knows

Yes, not nice.
Greenwich is big, guess they're paying less attention to Mytradebook these days.
Let's see if they'll apologize after all they've made clients to go thru.

Mcy56:
E Ku Market o.
Free fall halted........recovery in sight with green sighted in quite a lot of stocks.........too early for this comment?
Let's keep watching......

Peter watching closely to drop meme

ebuka1997:


He must have exhuded confidence for banks to willingly do that or they just got greedy

He was a miracle worker, if you pay the right price he can make your share price to move from N10 to 40.

When Access Bank wanted to buy Union Bank, instead of Barth Ebong to work on how to create wealth for shareholders. He contracted Ololo to help him defend the share price of Union Bank in order to avoid the onslaught from Aig. He also reported to CBN, NSE and SEC.

At the end of the day Access Bank lost out in the bid for a hostile take over of Union. CBN and SEC asked Access Bank to sell the shares of Union Bank which they bought. The shares were sold at a loss.

Access Bank suffered similar fate when the bank wanted to buy Afribank.

Where is Afribank and Union Bank today?

emmanuelewumi:



He was a miracle worker, if you pay the right price he can make your share price to move from N10 to 40.

When Access Bank wanted to buy Union Bank, instead of Barth Ebong to work on how to create wealth for shareholders. He contracted Ololo to help him defend the share price of Union Bank in order to avoid the onslaught from Aig. He also reported to CBN, NSE and SEC.

At the end of the day Access Bank lost out in the bid for a hostile take over of Union. CBN and SEC asked Access Bank to sell the shares of Union Bank which they bought. The shares were sold at a loss.

Access Bank suffered similar fate when the bank wanted to buy Afribank.

Where is Afribank and Union Bank today?

UNION BANK still dey na

megawealth01:
UNION BANK still dey na

Investments in Union Bank nko, the shareholders of Union Bank when this happened currently own less than 10% of the current Union Bank. Due to the recapitalization of the bank

emmanuelewumi:



He was a miracle worker, if you pay the right price he can make your share price to move from N10 to 40.

When Access Bank wanted to buy Union Bank, instead of Barth Ebong to work on how to create wealth for shareholders. He contracted Ololo to help him defend the share price of Union Bank in order to avoid the onslaught from Aig. He also reported to CBN, NSE and SEC.

At the end of the day Access Bank lost out in the bid for a hostile take over of Union. CBN and SEC asked Access Bank to sell the shares of Union Bank which they bought. The shares were sold at a loss.

Access Bank suffered similar fate when the bank wanted to buy Afribank.

Where is Afribank and Union Bank today?

wow tales from the bourse of the NSE, thank you for this sir.

BUA REFINERY:
BUA Petroleum Refinery to be ready by 2024 - Rabiu.
Competition things.......

https://www.nairaland.com/6410330/abdul-samad-rabiu-bua-petroleum#98961049

Any news on UAC-PROP.....full bid

Princkez:
Any news on UAC-PROP.....full bid

You didn't buy when I called it days ago?

emmanuelewumi:



Investments in Union Bank nko, the shareholders of Union Bank when this happened currently own less than 10% of the current Union Bank. Due to the recapitalization of the bank

Time will tell if anything is cooking in UBN sha

megawealth01:


You didn't buy when I called it days ago?

I got some ooo....so what's cooking

megawealth01:
Time will tell if anything is cooking in UBN sha

... seconded

ZENITH: The game changer.......@25 now!
Sold and bought massively @24.55/24.60 before started moving up........too much resilience!
Peter would have been thinking it's coming to his junction.......

The type of huge funds these guys spend on daily basis though!!

GTB too.......too much pressure on this one....
UBA, Wapco, Ucap....

VITAFOAM:
Today 12th is last qualification date.......for dividend lovers to buy before COB.....

Should we now say those that ran from the market 2 days ago are rushing back again or what??
Wonders of NSE......

https://businesspost.ng/banking/ecobank-nigerias-300m-eurobond-goes-for-7-13/?fbclid=IwAR09XNhkeHe4OJ4p0mgeJGvg9eH9waTZSgV1VZG5oDDbB6_MNVe0_p-jejU

Fixed deposit rates should never have been as low as 1% in naija because even if they took our money and invested it in the USA they would still make more money than 1% but they know what they were doing and now suddenly suddenly interest rates prices rising everywhere

Because they want people to leave the market.
As an investor you must wonder why they want people to leave the market now. Shine your eyes

If you remember Sir Wanajo comments, that day the NSE struck a major resistance.
I pray the market breakthrough

Mcy56:
VITAFOAM:
Today 12th is last qualification date.......for dividend lovers to buy before COB.....

Should we now say those that ran from the market 2 days ago are rushing back again or what??
Wonders of NSE......

sellydion:
If you remember Sir Wanajo comments, that day the NSE struck a major resistance.
I pray the market breakthrough .

Oga Wanaj0 is a sage/guru in this biz nah.
Much respect!
......I just think something came up that may have interest investors again, maybe the NTB rate wasn't enticing enough to some of them.
Whichever. Na Siddon look we dey for now.....

Oh man! From cradle to the grave......

sellydion:
If you remember Sir Wanajo comments, that day the NSE struck a major resistance.
I pray the market breakthrough

42k is a major resistance and it is normal that it wld be tested, so what is happening is normal. my take is that if 40K hold for this week close and next week close, then the ASI wld test 42 again. if it breaks 42 then the next test is 44 which is not far off so it might want to test both in one sweep. if it is able to break both then expect a very big leap and if not then it means the two year electoral cycle (downtrend) has kicked in (cc Agba).

factors that cld help with breaking 42/ 44 are rate in fixed income space does not increased further from current point (e.g. NTB 1 YR/ 4%), devaluation of naira (this has an inverse relationship to ASI), better recoveries from ravages of COVID 19. Factors that cld hasten the onset of the two year electoral cycle decline are opposite of above i.e. rate in fixed income space increases further (e.g. NTB 1 YR/ 8-12%), Naira not devalued, continue struggle with COVID 19, increase in insecurity. woeful performance from major clisted coys

Willie2015:


Just waitin for that GT
To touch N=29.60...
Just dey drag...
God dey... We dey wait

24/26 would be a better position for GTB after dividends have been paid.

For long term investors Maybe??

Due diligence is advised

Mcy56:
GTL MYTRADEBOOK:
This site is still offline till now. No mail, nothing. This is not right.

I'll advice those using only mytradebook to consider opening additional account with another digital broker to avoid ugly scenarios.

cc: @Locodemy @DrLammy

Na wa o. This is not the kind of thing you'd tell people "we apologise for any inconvenience.... "

I have seen only 2 stocks that significantly went down low to carry people. Wapco and Cornerstone.
I can only mount Zenith at 20, GT at 25, no more.
Members here silently targeted and loaded Wapco, but kept talking about other stocks

As at yesterday, no one could fathom the direction the market would go today. Hence i could only buy for the purpose of averaging down. But with the present outlook, i don't think there would be any occasion for that. (Stream of consciousness)

sincerelymine:


I have concluded to move my account from there. This looks like a deliberate attempt to make people lose money. Imagine if i needed to make quick trades based on the present bear and stock lose 10% everyday. Thats how i would have lost 50% like that.Anyways, Im considering the new atlass already

You can be the first to try Yoocha on behalf of NSEMPA.

9free:

You can be the first to try Yoocha on behalf of NSEMPA.

Transaction charges seems to be a bit high.

emmanuelewumi:



Nothing is impossible, what will. you do when it happens?

Good morning Sir, How are you doing?

Please, what's your thoughts on insurance companies in the NSE?

What sticks do you advise I buy? I am just starting out.

Thank you for your anticipated response.

Mcy56:
GTL MYTRADEBOOK:
This site is still offline till now. No mail, nothing. This is not right.

I'll advice those using only mytradebook to consider opening additional account with another digital broker to avoid ugly scenarios.

cc: @Locodemy @DrLammy

I recommend trove or bamboo