₦airaland Forum

edwardaigb:
Please you should share some of the corruption to this side.

Lol.
..but when Una get una own corruption Una no share reach my side o......
The Ogas even called it 'fine bara' and many here were cheering them.
Is sharing/giving different from giving? No be only money nah.

Mfunkynation:
Abeg, make Una tell damax registrar to reply my mail and pay me my GTCO dividend ooo..
I submitted my mandate form since October 2022 , the process it and sent me a mail about it been successful.
Why am I not getting my dividend?

Once it's successful, you'll get it.
You may have to be patient.
Someone just got the UBA Dividend today.

aremso:
There will likely be unsustainable bull

Increased volumes/activities but no corresponding price rise in quite a lot of shares.....calls for concern as it is.
Maybe the pattern may change as inauguration approaches anyway.
TA gurus are on strike.

Ajibade123:
can you mention some of those books and what do you mean by "transfer your stocks to your trading portfolio, whereby you can commence trading"

- All shares purchased are domiciled with CSCS
- Before you can trade your holdings, it has to be moved to the trading acct opened with a broker. That's your trading portfolio.
-**These books have been mentioned times without number here. Try surf thru Pa emmanuelewumi's posts or search for @infinitisi page and check.....

Ajibade123:
but their registration process is too long
I am trying to register but they are telling me to bring NEPA bills and some other documents I can't access rn

In less than a week, a new acct should be ready.
- Utility bill is necessary to confirm the address filled in your form , that you actually reside there.
It could be Electrity bill, DSTV, Lawma/envmt bill or a page of your bank statement showing address.

* Required docs aren't much: Passport, Means of ID, Utility bill, share transfer form and filled acct opening form.

Abbasmh:
I observed that there's a generalised increased activity in a lot of coys. Is the market getting ready for a post inauguration bull?

We hope so. Lots of activities.

Nsempa is divided.
Some faction says sell and run, another faction says bull is coming, get your cutlass ready..
For me, na dictates and direction of Mr. Market I dey follow. Where we see "corruption", we go follow dem.
I saw in 3 today and na where I carry touch light go be that.

purity2all:
I don't just understand this market. I set my buy order at 2.59 just before 9:40am . Only for me to log in about 20 minutes later and saw people offering it @ 2:45. I got a little bit angry. And now, boom! it has climbed to 2.84.

Transcorp opened on day's high of 2.84 before pulling back down to 2.45.....then started climbing again......to close with 10% @2.84.

If you placed your trade during pre-market, then it means your order was filled earlier before pullback.......
Anyway, it still closed higher, so nothing spoilt.

Dividend markdown this year is so wonderful....
Stocks picking up quickly Ex-Div.....
Reason this market can be unpredictable....

machine606:
I wasn't patient with STI, too bad. Myc what's Hari Royal exchange any news

Can remember this Sovereign Trust when we were expecting it to move that time......
There's this Oga that bought and will be asking about it all the time......think he exited it around that time too.

That's why, in this market patience can be good once a good or potential stock is identified.........that's for people with huge funds sha. You can't expect small size portfolio to be waiting endlessly for one stock to gbe body.

As for Royalex, like I told you the last time you asked, except you want to gamble. Imagine if you'd picked @67, na so the thing for don fall more now.
* Let's try and see if it can fall more to circa 0.40k, then you can gamble it and average down if needs be.
It touched 0.49 earlier.
* You can equally keep eye on the price movement. Maybe we can also lay hands on any news around it.

You fit pick Access @10, make we see the kind corruption dem dey cook.
* Pls do you DD o*

Streetinvestor2:
This guys go soon go private at the rate they are buying transcorp. I remember I said trans will soon go back to #3 after ote backed out

Bros, as you don eat meat throwaway bones in ARDOVA, hope say you don align with another corruption.

Transcorp....
Trading as at now at day's high.....2.84...
Over 100M done in transactions.......so far

ogbs2020:
Sell fidelity.
Sell nacho

Reason sir/ma?

In fact, these two should be monitored for pullback Ex-Div and keyed into. Also to be watched during downtime.........in my usual layman's opinion.

Fidelity is the most traded stock on Friday, accumulations has been going on for quite some weeks/mths now.

Contrary opinion is most welcomed.

delvzy:
For novice like me abeg wetin be coys?

Short form of Companies.
Coy: Company

Happy Mother's Day!

bandely:
@yMcy56...
Quick question. I am trying to invest more in the market. I have an akara-sized portfolio at the moment but interested in growing it. It'd be a long-term portfolio, so like when I started, I bought stocks with good records of paying dividends.

However, I am thinking of also doing a bit of trading here and there, but the long-term goal is still stocks with solid fundamentals.

Now, I want to move from APT Securities--I've messaged them for more than a week without any response. I know you've mentioned Morgan Capital. But what should I do to complete that process, and what other general advice would you give?

Like Oga Emma said, you can open another acct with Morgan and target that for trading while you retain that of APT for your long term goals.

To open account with Morgan, contact for acct opening:
info@morgancapitalgroup.com

Try and make enquiry and see if they can use same CHN and CSCS numbers to open it for you.

mendes911:
Pastor is looking for his cut. SMH.

emmanuelewumi:
This looks like fine bara

These thoughts though!!
Is there anything wrong in asking or giving for God's work?
These ogas sha. At least he didn't direct it to you in particular. Like say una dey give before.
Maybe na same thoughts Agba has.

[quote author=seyisanya post=123095694][/quote]Wait ooo.....
Is it Universal Insurance?
There's one Universal that was dead......guess it's a mix up...

Make I go check and edit my post.....Universal Insurance currently listed on NGX is very much alive and kicking o.
* Thks for pointing this out!

Frangel:
Please can you identify cross deals on the MorganCap itrade platform? If yes, how? I understand what cross deals are.
Thanks.

Yes, in most cases.

Aside the published big ones posted by OGG and referenced, there are some smaller ones that could be noticed too........ especially if you queue for a particular stock and you're monitoring your order.

If you queue and you noticed your Order is No.2, then you saw some trades on that stocks but No.1 is not filled, then just know those are Cross Trades.

Unusual huge trades, single huge trades, chains of Trades are mostly crossings too.

Another one: When total bids or offers are not up to 500k units for instance, then you saw that about 5M units were traded, most of the volumes were definitely done on cross trades.

The attached 75M single trade on Access is cross trading.....

Zagee:
Lol.
So these ones are just camping outside the gate to get crumbs

NO!!
They're on queue to buy or sell as well.

If a stock is in high demand for instance and you couldn't see to buy easily on the floor, you could contact your broker to help you get (maybe at a premium).
So, the Broker may be crossing the ones put up for sale to your acct (instead of selling on the floor), or their acct in order to transfer it to you at certain agreed price(s).
That's my little understanding of it.

Btw, why were you not interested in NAHCO when it was being noised here and recommended by CP and OGG?

Zagee:
Btw, you seem to be a de-facto ambassador for Morgan. So, what is this phenomenon that you'd be having up to 26 trades and you notice up till 31trades, the queue still has not moved beyond bid no.1??

If I get you right, it's Cross Deals.
We've discussed much about cross dealings here.....
It could be mvmt of stock from one customer's account to another; or from one broking house to another.
The transactions just have to pass thru the NGX Trading Engine for proper documentation and the likes.

As for Morgan, they suppose reward me o.

Mfunkynation:
GTCO dividend.
Access bank: who has received?
Am yet to be credited

GTCO paid yesterday.
Access should be 23rd May or so.

Zagee:
3.12 ceiling, can that be broken by next week?
2 bagger
BTW who is "oppression" us with dividend? Choi!!! 🙌

Nahco is doing well in market.......
Sighted @13.70....
* Those guys crossing yesterday could be after something...

Harvestock01:
ARDOVA, BUY or SELL?

I tried to direct this kwesion to myself and here's what I think as a Trader:

1. Can I buy ARDOVA at current price of 24.20?
Answer: NO
2. Can I sell? YES
3. What if it goes up the more? I'll let it pass

4. Why can't I buy @CP? because ARDOVA already fixed exit price and as it is currently, they've not changed the decision.
- Also, ARDOVA claimed to have settled outstanding debt to FO. I'll rather wait on the sideline to see how the drama will go.
- As a risk trader can I risk buying? No. I take calculated risks.

ARDOVA
- Ignite claims it has now completed payment of outstanding $19M to Zenin/Femi Otedola...
- We wait to hear Femi's confirmation or side of the story too......

https://nairametrics.com/2023/05/12/ignite-ltd-completes-19-million-payment-to-zenon-for-acquisition-of-ardova-plc/

debeey87:
The day I found this thread couple of years ago changed my approach to investing on NSE. I had my own years of investing in darkness which cost me school fees but things are better now. Thanks to all the contributors here and our inhouse live trade analyst @yMcy56.

Nice!! Congrats bro.
This is what we do and aim to achieve....financial info/freedom/literacy.
All thanks to God and our bosses here. 🙌

**

tiwantiwa:
Thank you @emmanuelewumi and @mendes911: for your insights. I will take the loss on those dead stocks. my plan is to buy a sizeable qty of DangCement. FBHN, MTNN, UBA, ACCESS, and Zenith. Is this a good plan ?

I am really open to any advice on good picks, the lesson i learned was even after 10 years there were some solid stocks in that humble portfolio of mine that stood the test of time. I pulled my current listing from CSCS and @emmanuelwumi, can you kindly point to ones to get off. i will also appreciate some ideas for a weekly plan i can follow to grow my portfolio. I can invest some good money to get to my target dividend. Thank you all

This is a good start for a comeback!

1. Out of the 8 stocks, 2 are write offs: Dunlop and Union homes....... they're dead.

2. The remaining 6 are good: FBNH, NB, Betaglass, Dangsugar Cornerstone and Univinsure.

3. You'll need to register with a broker, Morgan Capital Securities Limited, my recommendation.
4. You'll have to fill forms for the Registrars of the ones you have to collect your outstanding Dividends and for future ones.
5. Your new broker will assist you to transfer your stocks to your trading portfolio, whereby you can commence trading, be depositing more money and also consolidating//buying more shares.
6. All the stocks you mentioned are good but I'll advice you dont concentrate on banking alone........you can pick from one or two other sectors as well.
7. If you have time, try and flip back to some pages of this thread to learn more and have basic knowledge...
8. There are books to read, will be good if you can download some and read.
9. Define the type of investor you wish to be..
10. Always ask questions.........you can't just jump into the market to buy, there are times to buy, when the market is in bearish mode, the stock prices used to come down a bit at these periods, those could be good times to pick fundamentally sound stocks.

* This is my newbie's contribution. The Ogas will help you further.

*Modified: Universal Insurance is still active*

NAHCO
Quite a lot of transactions, accumulations and cross deals.....
Seems something good is again brewing here or it's Dividend hunting....🤔

DiarisGod o

Coolcash1:
BUY JAPAUL NOW AND THANK ME LATER.

Compliment sir
Pls tell us the news on JAPAUL....

Meanwhile,
PZ sighted @13.40!
Getting close to UNILEVER @13.80?
UNILEVER, a sleeping leader needs to wake up...lol.

More directors dealings on Access, Transcorp and UBA...

ACCESS, BUACEM
Should we say quite some sell off here? Or na buy dem dey buy?
* Yesterday's huge volume without corresponding price appreciation was somehow worrisome to me...
* Let's see how it goes today again....

* Btw, make dem continue to bring Geregu price down, some people are waiting for bargain here...

NAHCO: Quite a lot of cross deals @12.80 yesterday.....make dem allow the stock cross over to above 13 o..

ARDOVA: Sighted @24.20!!
Insider info things......
To say I was like begging someone to pick this stock at different times since when it was selling @12 but he refused....chai!! Just dey pain me.
*The price is now on the high side, not ideal for a pick.....until we know what's pursuing them*

Meanwhile, Tony and Wigwe are still seeing buying more shares in UBA and ACCESS.........
Tony: additional 70M units of UBA
Wigwe: additional 140M units of ACCESS
* We're watching what these billionaires are up to...

https://doclib.ngxgroup.com/Financial_NewsDocs/175_Notification_Of_Share_Dealing_By_Insider_-_HH_Capital_Limited.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/239_NOTIFICATION_OF_SHAREDEALING_BY_INSIDERS.pdf

Still on energy news...
https://nairametrics.com/2023/05/11/dangote-elumelu-express-confidence-in-nnpcls-potential-to-become-africas-largest-energy-company/

FBNH
Some "aggressive" accumulation also observed here..