Bbbwings:
Booking profit is not for dangsugar. We ride till endtime

Okay o

megawealth01:


JAIZ... You eh

femu:
International Breweries and Cornerstone Insurance on the move.

Cornerstone may get to 3-4 Naira..

IB wey them go still queue to buy @N10. Yet people would be asking you to suggest stock to buy

Who would have thought people would still buy JAIZ @N3.65

Emir01:
Predict a stock and let me put small change with me.

Go and Play BET9ja

crownprince2017:
Nobody is expecting a perfect system but they can't be worse as well, they must have some standard interms of service delivery that will differentiate them from others who charge less, I believed we are paying more for better services and not for popularity.

There is huge difference between popularity and quality.

Someone should tell me how to move from them abeg.

No need to overflog this issue. Just pick a new broker and visit or reach out to them via email to open an account. Tell them you want to move your portfolio from Meristem, they would give forms to fill and you may possibly be required to write a letter authorizing that. Your new broker knows what to do.

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

If you talk now, they will say they have billions worth of structure in ikoyi, abeg sey na big building the customers wan chop abi quality services.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

I have been using Meristem for years now and have not had issues with them. They resond to my emails promptly, so you would not expect us to say otherwise. Before the recent migration to the new trading interface, i have never had an issue trading onlne.

Infact with the issue yesterday due to the migration, all I did was send an email with a price and they sold yesterday. If the platform did not work yesterday, it is understandable due to technical issues, and did you explore the option of sending an email.

Sometimes, I send an email and if i have delayed response, I call the CS and it gets attended to immediately. If you feel unsatisfied with their services its okay to move to another broker. I was also once trading with Morgan Capital and moved to Meristem.

The day I feel unsatisfied with them, I will port. Its your money and you deserve the best services you can get.

megawealth01:


You are definitely MEGAWEALTH... Better no deny am

emmanuelewumi:



Be careful. Transcorp hotel made a revenue of N31 billion in 2022, assuming Transcorp will make a revenue of N50 billion in 2023.

At a market capitalization of N1 Trillion, that is at a multiple of 20 compared to the revenue which is on the high side


Even BUA foods at the current price should have a market capitalization/ revenue of 10 which is high..

Price/Sale ratio of 3 and below is better depending on the industry the maximum should be 5.


At a Price/Sale ratio of 20 for Transcorp hotel, it will take 20 years for payback assuming all the revenue was used to buy the company. The current PE of Transcorp hotel should be more than 50.


Enjoy the ride but don't be caught unprepared.


It is advisable to invest with figures

Thanks Oga Emma, I not invested in Transcorp hotel, just saw the news on Nairametrics. I am even planning to take out my capital from Transcorp at this point and let the profit run. The rally on Transcorp & hotel has been great!

Transcorp hotel crosses N1 Trillion maket cap

Locotrader:


I have told you all not to buy again except Japaul and few others that presented a buy opportunity last week.Every stock is not worth buying now.Let our money grow.I said again, watch your money grow and prepare for a bumper harvest.

This announcement is only for Nsempa members.The market men and women don't have access to this thread.They will soon be on their way to carry your kaya.

Well said Oga Loco.

KarlTom:
Serious manipulations ongoing in several HOT stocks.
Shine your eyes...

I no buy again...for the ones I am holding, make them carry me dey go

yMcy56:

Lol. E never do oo.

Meanwhile, Transcorp seems to be gathering another momentum again ......coded accumulation ongoing....

DD applies...

Oga Agba, I don't believe you're not in the market anyway.......
That guy following your footstep is on a long thing......

Zagee:
Be like say na Insurance dey hot oh. Access Bank acquired one. Could this be there era

Them go buy hotel oneday...too much money

dapix:


Kindly go to "Research" and click on Market data.

Thanks

essentialone:
If you are here and still using Meristem stockbrokers. I wish you luck. I am totally out from the worst stockbrokers that they are.
100%, I am fed up with Meristem Stockbrokers. ✌️

I have never had issues with them though and they respond to emails or issues promptly!

This Meristem new app is cool..but how can I see the on going trade na, so we can see what is happening in other stocks?

Agbalowomeri:


Come buy ishiewu for my girls

You need to bring them for house warming

This bull has really favoured me and the patience has paid off....Finally taking some of my profit from the market to make a down payment on a property.

Atleast, I would always remember the 2024 bull whenever I look at that property and thanks to NSEMPA.

Grateful for the priceless knowledge shared here

Willie2015:


Just be cautious...
Dat brewery sector..
He get as he beee...
Na tough terrain..
See dis kind bullish run..
D thing no reach brewery sector..

Very true but with calculated risk comes high reward. Do you think NB will remain 37 before year end... knowing how Nigerians consume 🍺

Anyone that always wanted a share in NB and does not buy now is not ready.

The brewery sector is a cash cow....anyways let me stop, before they say I am pushing people to buy.

DD advised

Locotrader:


The company needs money to cut this billion debts.what of if the right issue price is #4?
What are you going to do?

Whatever is the price...I intend to take up my rights. IB return to profit is closer after a successful rights issue.

Their products are great and they are sitting on good cash.

I was able to get 500,000 units today... intend to make it up to 1M units and then wait for rights issue. One positive result after that and we may be looking at N10.

megawealth01:


Na long road oooooo... It needs extreme patience

My entry is timely, as I wanted to see a catalyst for a price increase before entry, either as a result of profit or rights issue. The right issue confirms it for me.

A successful rights issue should see them pay down debt and return to profit. Although a long term play, but also looking positive near term.

Awaiting the price for the rights issue.

That year for SMN..na this stock KnightofDelta take confirm say Oga na Oga

Boshins:
safe journey...

Don't worry about my position...when I bought 6M units of Jaiz Below N2, someone said it was a Microfinance bank...but today

My taking position in IB is ahead of its rights issue and cash!

Nobody is seeing the turnaround coming to IB a head of their rights issue.
I don enter...this for long term play.

DD advised

megawealth01:

Yes oh my brother, I don carry my kaya from short term play into long term dividend stocks

Choiceguy:


I am currently on the sideline because I believe so much in Agba wealth of experience.

So Agba told you, he is on the sideline

When the dust settles, dont miss FUGAZ +TRANSCORP FOR DIVIDEND viz a viz 2025

Yoast:

How will unbundling favour Transcorp share holders?

How did unbudling favour UBA shareholders?

Transcorps next full bid will make it only available at N30...after the release of yr end result and unbundling news is out!!!

Agbalowomeri:
The heights you have seen
You may see no more

2 things...either you took profits early in december or did not enter the market and was hoping to buy the dip in January

who dump JAIZ Like this?

pluto09:


Yes I did.
Totat transaction by fpi increased but the outflow was more than the inflow.

It is worthy to note that domestic investors outperformed foreign investors by more than 50%!

pluto09:


Another angle to the story.....

https://businessday.ng/markets/article/foreign-investors-exit-from-nigerian-stocks-nears-3-yr-high/

Did you read the article?

"It said the performance in November last year when compared to the same period a year earlier revealed that total transactions increased by 188.3 percent.

“In November, the total value of transactions executed by domestic investors outperformed transactions executed by foreign investors by circa 52 percent,” the NGX said.

A further analysis showed that total domestic transactions increased by 22.2 percent from N187.6 billion in October to N229.3 billion in November.

Total foreign transactions increased by 113.9 percent from N33.4 billion (about$36.8 million) to N71.4 billion (about $75.8 million)."