₦airaland Forum

Tritri:
@ ufotty2001 I think FO is Illiquid . Do you think that an issue to worry about ..am tempted to go in.

Trust me either by hook or crook, otedola will push that fo to d previous price it was b4 d downward rally.

morgan now lagging behind by 20mins

morgan capital itrade is still delayed by 5mins

zendi:
It may struggle a while to overcome the 4 mark, but this stock will go places, barring a general market decline.
It has superstrong positive sentiment around it, portable shares in circulation with liquidity at the same time.
All of which is not saying one must remain in a good ride to the last bus stop b4 exiting with your loot.

What strikes me about it is that when it wants to gain most times its 10%.
Na wa oh. Abi na dangote de push am like that?
Well, let's see.

@Godisfaithful do u think tigerbrands can reach 5 naira considering their latest impressive result which turned the company into profitability? .( that is from loss to 1.5 billion profit after tax) And there are rumours that they will pay interim dividend and are planning to expand for export purposes.

IHelp:
Entered today
70% @ 185.5, 30% @ 190
Thanks for indirectly pushing some of us to buy.

Morgan disappointed me. I will enter tommorow

God bless u Godisfaithful for your information

Godisfaithful:
198

Godisfaithful please where did u check d price from?
What r the total bid and ask volumes, and d highest bid price and smallest ask price?

Pls can anyone help me with the price of fo

[quote author=Manonamission post=45334626]Based on my own understanding of access to market data, the degree of deviation from real-time of your market data, is a function of your subscription plan. In other words, if you want it real-time.....you must be ready to pay the price. You can subscribe to delayed data, say 30mins or 1 hour, for a lesser amount.

So it could be that, starting from this month, Morgan capital decided to implement this austerity measure........ a survival strategy of some sort. I sincerely hope I am wrong but this is just what has been playing out on my mind.[/quote

Please where else con one get real time prices of stocks on the NSE?
Morgan has really disappointed me.

[quote author=Manonamission post=45334626]Based on my own understanding of access to market data, the degree of deviation from real-time of your market data, is a function of your subscription plan. In other words, if you want it real-time.....you must be ready to pay the price. You can subscribe to delayed data, say 30mins or 1 hour, for a lesser amount.

So it could be that, starting from this month, Morgan capital decided to implement this austerity measure........ a survival strategy of some sort. I sincerely hope I am wrong but this is just what has been playing out on my mind.[/quote

Please where else con one get real time prices of stocks on the NSE?

IHelp:
Morgan Itrade now showing market trades real time. The delay has been corrected.

Pls how did u verify it? To be sure u can wait till the close of market by 2:30pm today, if after 2:30 they r still showing market trades for d day just know it has not been rectified!

When an online trading platform is supposed to be realtime, but, is delayed but then is presented as real timre, it could be very very risky.
For example, u r watching the total bid and ask volumes and d delayed platform is showing u that d stock Is on full bid at the moment( whereas this was the situation as at 30mins ago but not the situation now) and then u place ur bid. However unknowingly to u, the true situation now, is that the stock has reversed to full offer, then what happens?
This is just one of d many dangers of delayed real time presented as real time!

Godisfaithful:
Sir, i didn't see any email. Which email do you sent it to?

Emm pls how do I get ur email address?

@ Godisfaithful I sent u a mail. Pls check

teeboy95:
@Godisfaithful.

For your choice of brokers.I have a reservation.
If I may ask why do you want to pull out from Morgan. I thought they had the best rate for charges.
I don't know abt CSL and Meristem for real time trading and rates.
BUT I use stanbic (new to real time trading) and their rate is high. Also I use morgan.. don't hv much complain abt them.
Pls tell me more abt CSL and meristem

Buv, Morgan has recurring customer service issues and of recent from my perspective, their online trading is no longer realtime. Their data is over 30mins late. N this is not nice at all for smart decision making in a manipulated market like ours.

Godisfaithful:
CSL
Stanbic
Meristem
Morgan (partially) but waiting to pull out my portfolio from them finally lol

Which of them apart from Morgan offer s real time trading and which of them do you prefer their services? Pls don't mind my much questions

@ Godisfaithful what broker are u using rightnow?

this is a serious problem. has any one complained to morgan about it?

pls what is the new closure time for trading on the nigerian stock exchange. cos what i noticed yesterday is repeating itself today and nobody is worried maybe there's sth i dont know

what is going on in nse? morgan has been disconnected from nse fix but serious trading is going on right now as at 2;45 pm
this is corruption of the highest order

Another questions is can orders be cancelled instantly?

Coolcash1:
Its tight...The strong competition from Nigerian Breweries and International breweries coupled with consumers preference for low price but quality beer due to the economic crunch is seriously affecting the coy's market performance...So, this has negatively impacted on its share price evidenced by the ongoing offloading by investors for two weeks now. With reorganisation and repositioning being carried out by management, it might later gain investors confidence and patronage..However, my problem is with this fall, what is the best price to enter...

U can't accurately time d market. Enter wen ur mind tells u!
Don't be too analytical remember, this is NSE where rational fundamental analysis don't totally count!

Coolcash1:
My stock pick for tomorrow;

FBNH- the storm is over..New management is in place and result driven.
Eternal oil- gained almost 60% between Monday and now rising from N1.55 to over N2...Has the oil price rally working for it.
Oando- debt restructured; oil price rebound and discipline spend impacting on Opex makes it appealing to investors.
Livestock- posted impressive Q1 2016 profit..Fed govt agric driven economic policy positions the stock in vantage level.
Asaka cement & CCNN- relative peace in the North thereby leading to reopening and entry of abandoned markets within that geographic space..massive construction this year by govt
Nigerian Breweries- cheap brands; value driven acquisitions, increased product offering etc
Tigerbrand
GTB,
Zenith

Stocks to watch out for
WAPCO
Nestle
Seplat
Flourmills

See these stocks outperforming the market very soon

Well, watch out for guiness PLC too!
Not a recomendation

[size=8pt]These guys are bokoharam in disguise.
I repeat: these guys r bokoharam in disguise.
Be warned![font=Lucida Sans Unicode][/font][/size][/b][b]

[b]This is exactly what should befall the FULANI HERDSMEN (DISGUISED BOKOHARAM MEN)![/b] >:(

Have anyone noticed that for some days now their contact has not been going?

Pls is anybodys Morgan I trade working?

THE CRAZY GRAZING BILL - MICHAEL DEDON
The proposed Grazing Bill for Fulani herdsmen is an invitation to anarchy in an already volatile country like Nigeria. The Bill is already before the National Assembly and has successfully scaled through second reading in both the Senate and the House of Representatives. All that is left in the legislative process to make it a law is a 3rd reading, that is, a clause by clause debate and then assent by the President. The proposed piece of legislation is full of unconstitutionalities, ethnic discriminations, fundamental human rights violations, religious tenets violations, conspicuous criminal omissions and unforgiveable legislative indiscretions.
The full title of the Bill is, AN ACT TO PROVIDE FOR THE ESTABLISHMENT OF THE NATIONAL GRAZING RESERVE (ESTABLISHMENT AND DEVELOPMENT) COMMISSION FOR THE PRESERVATION AND CONTROL OF NATIONAL GRAZING RESERVES AND STOCK ROUTES AND OTHER MATTERS CONNECTED THEREWITH.
The Bill’s concluding explanatory memorandum says that the Bill seeks to provide for, among other things, the establishment of the National Grazing Reserve Commission of Nigeria, for the preservation and control of national grazing reserves and stock routes in the country. Its key provisions and high points include, but are not limited to, the following:
1. To establish a National Grazing Reserve Commission (NGRC), a body corporate.

2. The NGRC may acquire, hold, lease or dispose of any property, moveable or immoveable for the purpose of carrying out its function.
3. The NGRC shall have a governing Council headed by a Chairman appointed by the President and confirmed by the Senate with members representing the Federal Ministry of Agriculture, Rural Development and Water Resources, Ministry of Health, Ministry of Environment,Housing and Urban Development, the National Commission for Nomadic Education and shall also have a Director General.
4. To raise monies by way of grants, loans, borrowing, subsidies and donations.
5. The following lands may be subject to the provisions of the Act to be constituted as National Grazing Reserves and Stock Routes:
(a) Lands at the disposal of the Federal Government of Nigeria.
(b) Any lands in respect of which it appears to the Commission that grazing in such land should be practiced.
(c) Any land acquired by the Commission through purchase, assignment, gift or otherwise howsoever.
6. State Governments shall be given notice first before land acquisition and gazetting.
7. The Commission shall pay compensation to persons affected by any land acquisition.
8. There shall be no improvements, encroachment, bush burning, hunting, use of chemicals and felling of trees by anyone inside lands acquired and demarcated as National Grazing Reserves or Stock Routes.
9.Contravention of any of the provisions in (cool above shall be punishable by a fine of N50,000 or 5 years imprisonment or both.
10. No Court of law shall carry out execution of its judgment or attachment of court process issued against the Commission in any action or suit without obtaining the prior consent of the Attorney General of the Federation.
11. For the time being, the Commission shall report to the Honorable Minster for Agriculture and Water Resources.
12. Native communities referred to in the Bill shall be any group of persons occupying any lands in accordance with, and subject to native law and custom.
13. Stock Routes shall mean tertiary or secondary or inter-state stock routes linking two or more States together or leading from grazing reserve to grazing reserve.
14. When passed into law, the Act shall be cited as The National Grazing Reserve Commission (Establishment and Development) Bill 2008.
The implication of this piece of legislation is that the National Grazing Reserve Commission may seize any choice land in any part of the country and compulsorily acquire it for grazing purposes. For whose use are the grazing reserves and stock routes to be acquired? The Bill does not say. It will simply create grazing reserves and stock routes for nomadic cattle rearers who we know are of one ethnic group – Fulani. The clause cattle rearers in the Bill can as well be replaced with the word Fulani, and it will be seen that it is purely meant to serve the interest of one ethnic group out of over 250 ethnic groups in Nigeria.
Passing this Bill into law has the tendency of encroaching on the fundamental rights of other Nigerians to own land and do with it things other than grazing. Farmers may become displaced in their own communities and there is nothing in the Bill stating how they will be resettled should this happen. The Bill is a clear attempt to hand over the entire country, its economy, its land, its citizens, its security and its future into the hands of one tribal group – the Fulani.
It beats ones imagination why the govt will be thinking of entrenching a primitive practice of a people instead of thinking of ways of modernizing cattle rearing like establishing ranches and bringing fodder to the cattle instead of taking the cattle to the fodder. If the bill is passed, unspecified but huge federal funding would be used to acquire land and develop same just to preserve a primitive life style of a few people who have refused to partake in the technological and social advancements that the country has recorded. Cattle rearing is a big business and many of Nigeria's leading elites are the real owners of the cattle and not those ragtag lot driving them about wielding sticks and AK-47s. Why can't these big men acquire land, set up ranches and grow the industry together with paying taxes?
The Bill by implication also contravenes the Land Use Act. The Land Use Act provides that “all land comprised in the territory of each State in the Federation are hereby vested in the Governor of that State and such land shall be held in trust and administered for the use and common benefit of all Nigerians”. The Grazing Reserve Commission Bill is in direct contraventions of this provision as it does not serve the ‘common benefit’ of all Nigerians but a chosen few. Just as cattle are very valuable assets to the nomads, so is the land to the agriculturalists and none of us is superior to the other. The govt cannot use a piece of legislation to legalize superiority of one ethnic nationality over the other 250 ethnic groups.
This piece of legislation should be resisted by well meaning Nigerians ad should never be passed into law