₦airaland Forum

Flash360:
Who fit borrow me 30million wey dem no need urgently, make I use am load something for market for 1 month, payable with 10% interest. use me as the collateral.

You think you are valuable? What is your value if you have to use yourself as collateral to borrow 30m?

locodemy:
Don't be too sentimental in oando.
You are a newbie in that stock.
The stock really dealt with top ogas you are seeing here.
If you bought at 3.00,you can bail out at 75% profit now and wait for another bargain junction that will come up.Another rally will come upon the release of accumulated results

Make him be top oga, too na.

MONITOR CRUDE OIL PRICE CLOSELY.

Good day my people.
How are we all doing?
We are going to make it.

The fuel to the bank prices is about to be increased.
Short term traders are about to smile.

The week is indicative of what is to be unleashed from next week.
Zenith is to close the register next week. And subsequently to mark down. Hmmm. This seems that there may be some dumping. Anticipation mode activated.
On GT, I do not expect them to match the zenith's declared dividend. This then means that many people might also dump GT in order to buy Zenith at a lower price. This may restrain Zenith's price from dropping drastically. Optimal zenith price after markdown may thus be at around 20 to 21.50 naira at the first instance and subsequent drop to 18 to 19.5 naira in about 4 weeks' time.

emmanuelewumi:
Your transaction history on CSCS online will show it if it happened, the date of the transaction, volume of shares and price

You can take it up with them by reporting to the authorities

Ok.
But if the account is blocked already, won't they have blocked the updating as well.

Another thing is if the rally in the market was orchestrated to benefit them only, then they could block others so that only selected traders were selling at that moment.
For example, if a PFA wanted to buy some stocks for their portfolio, their friends in the industry might get the info and then created a pseudo rally. They would only make a bull out of the required stocks. During the time, they would suspend high volume and high frequency traders. This would help their bull as well. After they were done with the dumping, they would remove the suspension for most people. But if they had special grudge against you, your own suspension may last a lifetime.
Also during a massive bear, similar thing could done.

debostar:
It seems that it is the only meristem that asks for KYC every year. Meristem used to be a good and professional stockbroking firm.Now they look for every opportunity to stop your account

It seems that they deliberately block high volume clients" accounts whenever there is a rally in the market...
They might sell your stocks at high price and later buy it back when there is a dip...behind your back.
Your account with them would show actual balance of stocks...but they are running things behind.
They would block your account under guise of frivolous excuses.

Mcy56:
WEMA BANK:
http://www.nse.com.ng/Financial_NewsDocs/32462_WEMA_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2020.pdf

Should we say that this is a good result?
I would say so considering the impact of covid on the economy of most countries.

samguru:
Its going to be bullish today

You can quote at the end of today's trading

Good Morning

Bears Knocking.

The market maker themselves must be wondering what to do now.
Everything is in a state of suspended animation.

The market is now, using Michael Jackson lyrics:

"Too low to get under and too high to get over"
"Mama se mama sa mama coo sa"

Keep looking up. Salvation shall come.

CHAMPION BREWRIES is in a state of higi haga.

2020 would go down as my best stock trading year yet. What about you?
The significant dip in March and August helped to neutralize some legacy paper losses. Stepping into 2021 with lush green is pleasant to behold.
Here is to wish us all a prosperous and profitable new year.
Special regards to all contributors on this forum.
From the newsman: dipoolowo to our very versatile madam money mercy to the ever brilliant Rabidoracle to the enigmatic peterichy and to the cautious chibuking and to the many other wonderful guys in the house.
It is nice having you all here.
Happy new year.

Fair value for fbn is now 19.05
This is not a recommendation.

Why a Nigerian in Germany would offer sex for a passport is baffling. It must be that they both were onto something shady which could be:

The lady was not nigerian but wanted a nigerian passport ;
The lady originally travelled to Germany without valid documents;
The lady did not want to pay the price for the passport;
The lady was an slowpoke who did not know her right and responsibility;
The lady was the prostitute that all passport applicants use to help them service the embassy staff in order to get their passport on time;
The lady was once a maltreated staff at the embassy who came back for vengeance;
Etc.

Nigeria is just an unworkable country. Every idiot wants his own undeserved share.

THEY WANT TO START SENDING HITMEN AFTER PEOPLE THAT SEEM TO HAVE MONEY. ANOTHER SARS LOADING, GUYS.

OBAGADAFFI:
“Registered brokers/dealers shall disclose to the Commission any dealings in a Security valued at a minimum of 500,000 units executed in a single deal or in multiple deals on the same day on behalf of his clients or on his own account not later than 24 hours after such activity.”

It noted that, “In line with the above rule, the commission wishes to request all Capital Market Operators registered as brokers, dealers or broker-dealers to henceforth comply with the rule and forward the required returns as in the template below. The returns shall be sent to the following email address in excel CSV template, stockexchange@sec.gov.ng.

In the template, stockbrokers are required to supply its name, clearing house (CH) number, investor name, permanent address, email address, phone number, transaction date, security symbol, transaction type, ticket number, volume, unit price and total price.

This policy may have been triggered to monitor the movement of funds in the market.

Nothing pleases a typical nigerian in position of authority more than chaos, panic, suffering and uncertainty. That way, they can cherry pick on their victims.

Good response from @Mcy56

People need to know where the boundaries should be.
At the end of the day, only you know what you want from the market and how satisfied you are at the end of the day.

What made you think that the army did not do it?

http://www.nse.com.ng/Financial_NewsDocs/31923_GUARANTY_TRUST_BANK_PLC%20_QUARTER_3_%20_FINANCIAL_STATEM.pdf


Landed

This present bear is FAKE!!!
They have locked up the stock on bear. You can only see the low price...but can not buy it.
Have they duplicated the stock exchange?

Lion123:
A reminder that this life is just a pot of beans. We were begging people to buy our Zenith at N18 some months ago and they were giving us the cold shoulder, now they are queuing at N22+.

They will beg to buy it at 29.5

jideflash:
i swear, i don tire sef.
Which yeye KYC again. No warning was sent to investors that havent complied or no way to verify one's KYC status.
Now see how the market is dull today. na so so red, we dey see.

What KYC. Can NSE provide the link so that people can fill in their details if they and the stockbrokers do not have enough sense to do what is needed.

megawealth01:
And I don't have FIDELITY can't buy now sha... I will one day buy fidelity below #1

How do people know if their accounts have been suspended?

Redoil:
how come most of the gurus in the house miss it for we mostly use fundamentals to determine stock price

Gurus they are.
I ain't no guru.
I eat gurus for dessert.

Redoil:
is this sentimental analysis or what
show us the fundamental analysis if any

Fundamental Analysis

Despite its slow motion, Expect that one that closed on 2.29 to soon get to 3.5. High 'in'fidelity.
This is a buy recommendation. But buy with sense. Don't come crying if expectations are not fully met.

dangle:
http://www.nse.com.ng/Financial_NewsDocs/31741_NESTLE_NIGERIA_PLC%20DECLARATION_OF_INTERIM_DIVIDEND_CO.pdf

N25.00 interim dividend.

#2000

LIARS!
Is it not the cameras that are supposed to help them capture any vandal?

Welcome back Madam Money.

The market now is a situation of "A high tide lifting all boats"

Generally speaking, more upsides are still possible in many stocks.

thesilentone:
NESTLE is ready for the long awaited move.

Has anything changed?