yMcy56: How do you mean shares missing? Never heard of anything like this!
Are you sure you're referring to Morgan Capital Securities Ltd concerning email not working or phone calls not picked up? Not aware of such or have such experience!
* One thing I noticed is that some are not doing it right nor have they taken time to go thru the platform usage. * Simple instructions not followed * Regular updates sent via emails not read, some don't read and are not even up to date on happenings around their investment....very bad!
For instance, I'm sure some users don't even know Yemisi is no longer to be contacted in Accounts; they don't quote their CSCS number when transferring funds; and funny enough, some still send fund to Polaris! When sorting this type of mix-up is taking time, they start complaining.
Meanwhile, can you state how your shares were missing so users here can guide on what to do or what might have likely happened?
All the shares I bought on 13th of February are not showing on my portfolio. They are not responding to email. I don message them tire. Though I'm be able to sell the shares, but I can't see them.
My friend deposited money two weeks ago, till now, it has not been credited. After constant calls and emails for two weeks without response, they responded 2 days ago and told her that they didn't receive it. She went to the bank, print out her statement of account and send to them, yet nobody reply or said anything since then. It's frustrating.
Sunrisepebble: Agree with the bolder, Yes I’ve spoken to someone about the result, which is why Q3 also didn’t look that great compared to Q3 2024. But my point is the growth is clearly slowing down and with a stable exchange rate I doubt you’d see massive price increases the way we did in the last two years. If they make N3 every quarter of this year 2026, is the share price not fairly valued at the current price. Dividend yield for this year at current price is also less than 7%. Would rather sell and put in stocks that I believe have far more upside in terms of capital appreciation and dividend yield. Obviously this is just my opinion and I have already sold
Q12026 =3.35 Estimated EPS at FY based on the above = 3.35 x 4 = 13.4 Estimate price based on the multiple = 10.8x 13.4 = 144.72 Based on the Q12026 for now.
However , any crash to below 3.35 x 4 x 5 =67 will always be a bargain.
Common Sense is simply based on an average of our collective emotional PEs…. below which every one is definitely happy to buy as long as the growth is organic.
aj8: Best to wait until some clarity around their core business. Mining Gold / Lithium beyond sand. Do get back if you discover significant progress on their gold prospecting and refinery . PE is understandably high 21.09.
Sunrisepebble: I don’t think so. Look at the market cap. 5,000 per share means a N20trillion ($14b) mkt cap. Around this 800-1,000 is a fair valuation (to me), I don’t think it should be trading anywhere near Seplat in terms of market cap, and when it hit 869 it was even higher, which is why I sold. Currently using the loot to add to my Seplat position.
aj8: Mutual Benefit revised Common Sense target down to[b] 3.68[/b] and Cadbury’s to 50.34 . They had earlier touched initial targets but may be time to retrace on weaker results. MM are likely to make final last minute push before the fall. Watch volumes.
Sunrisepebble: What I have so far Wema as at end of 3rd quarter are at 150bn in profit before tax Vitafoam, as at last I heard had made around 17-18bn in profit before tax, they will likely pay dividend and bonus issue of 1 for 5. GTCO from their H1 call they’re targeting 60% payout ratio which translates to around N13-14 dividend but from an insider CBN might moderate that to around 8-9 which means around 9-10 for FY NFA
Ginalex: Her CSCS statement is showing the correct units but her in-house account with Morgan is showing 107,500. She has been able to sell down 5000 what's left is 102,500.
What she is still selling is hers then. Lol, she cannot be able to sell above what she was supposed to have.
Ginalex: That reminds me. Be like say Morgan Capital no dey do reconciliation regularly because tell me why a friend of mine I encouraged to open an with them is having issues stock holdings till this day. An issue she raised 2 months ago and counting. She partook in the Fidelity PO even before she had a trading account. I did just 5,000 units as at then at 9.75. After constant follow ups and escalating to SEC, the eventually migrated( I'm not if that's the term to use) her shares to their position. Guess the units they gave her... 107,500 units. Person wey say make she just put 50k inside stock as testing is seeing 2m worth of share... I encouraged her to reach out to them which she did. Till now, they've not taken back the excess. I took it upon myself to call them 3 weeks ago, they said they'd look at it. Till today, the shares are still on her portfolio. The babe say if she sell am am carry money go, make no body disturb her o ... So if you are a staff of Morgan, na last warning she dey give una before she sell carry money go.
Warm regards
I guess it's technical error. Ur friend will not be able to sell the shares even if she wants to. Lol
ukingscorps: The market really proves one thing — whether it’s stocks or insurance shares, you’ve got to know your entry/exit and protect your capital first.
Personally, I keep a chunk of my portfolio in a side hustle that’s not affected by stock volatility — P2P crypto. It’s steady, daily cashflow, and doesn’t rely on dividend announcements or AGM surprises.
Same principle applies though: 1) Fix your target margins 2) Stick to verified counterparties 3) Scale gradually once you have a proven rhythm
Anyone curious about how that works can check my profile for the exact beginner-friendly blueprint I use.
Mankind2024: Locodemy is surely a rich man, but he would've been one of the wealthiest man from Imo State.Lol. I do hope he stops toeing the line of Cathie Wood, one of the best stock pickers in the world, but a bad wealth manager. This woman would pick stocks before the mainstream Wall Street gurus and media ever heard about them, but before you'd say 'excuse me, ma,' she was already out of the stocks in the name of booking profits – only for the stocks to return 300 to 400%. This happened with Netflix @ sub $100 Nvidia @ sub $10, Palantir @ sub $7 Broadcom @ sub $50, Apple @ sub$50, Amazon @ sub $50 Tesla at sub $30, Bitcoin @ sub $2000 etc. It was this intrinsic behavior that made Morningstar investment magazine name her the 'Wealth Destroyer of the Decade.'
Ask Locodemy about Transcorp at N0.90, Champion Breweries @ subN3, Ellah Lakes @sub N3, Living Trust @ sub N2, C&I Leasing @ sub N3, Sterling @sub N3, Academy Press @ sub N2, Caverton at sub N3, FTN Cocoa @Sub N2 etc. I'm not sure if he ever traded Ikeja Hotel and Honey Flour! Imagine what the N50M of Locodemy invested in all these stocks in 2022 would be worth today in 2025? Your guess is as good as mine – N1.5B as a conservative estimate!!!!
Sunrisepebble: Aradel Q2 EPS of N25. On track for bolded. Q2 and Q4 are strongest quarters. I don’t understand the huge staff costs, it makes no sense, the EPS could easily be N100+ at FY without it, there’s something funny going on there
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 8:23am On Feb 27
