₦airaland Forum

Streetinvestor2:
My sell today was sell at 1.263 and checked my previous buy it was .921 from morgan.will check that of the other broker when I get the sale mail

Checked recent charges and remembered that VAT was later introduced and trade alert charges is up with 0.10k.....

Here's the Updated charges:
Buying charges: 0.88% + N4.30 SMS charges
Breakdown:
Broker's Commission: 0.500%
SEC : 0.300%
Stamp Duty: 0.08%
VAT on Commission: 7.5%
CSCS Trade Alert: N4.30

Selling Charges: 1.225% + N4.30 SMS charges

** SMS fee is deducted per each transaction.....even if 1unit is executed, 4.30 will be deducted**

Streetinvestor2:
Pls what is the total percentage charge for Morgan sell and buy not just commission .I want to see if na my other broker I dey make money for

My mind went straight to Madam Anjilgreat as I see this question. It's been discussed here before.....
Chai!! Many active monikers in the past have remain anonymous and in ghost mode these days.....

See below:

anjilgreat:
Morgan Capital Total
Buy charge = 0.875%
Sell charge = 1.175%

UPDATED CHARGES :
Buying: 0.88% + N4.30 SMS charges + 7.5% VAT on Broker's Comm.
Selling: 1.225% + N4.30 SMS charges + 7.5% VAT on Broker's Comm.

Streetinvestor2:
Tomorrow we move to transcorp. The wolves have landed thr. The corruption must go round

Lol. DiarisGod o.

dpacificheraclx:
a bigger player is buying 😂, we shall all find out who the person is tomorrow, let's keep watching

Femi Otedola becomes the 2nd largest shareholder in Transcorp Plc.

https://nairametrics.com/2023/04/12/breaking-femi-otedola-acquires-5-52-of-transcorp-plc/

** 5.52% translates to around 2.24B units.......the remaining OS/Free float is still on the high side sha.....will just keep eye on it**

Olaide1295:
The moves may be because of the new power bill that was signed.
I heard Adeleke is also expanding Omotosho’s capacity to double.

Also, bidding was ongoing for some of the power plants......
Otedola is adding Geregu 2........
He may be making some strategic moves ahead.......

Interesting times ahead in the power sector really....

OBAGADAFFI:
Femi Otedola

Ok now!!
So we now know the buyer......
We the fans of Ote$$ will now pay more attention and interest in Transcorp........
Hope another big boss will pick more % or Ote$$ will increase the % as time goes on......

** He's currently the 2nd largest owner in Transcorp Plc with 5.52% shares, translating to 2.2Billion units

NapoleonHill:
What's os, please?

Outstanding Shares......Total number of shares of a company available for trading in market.
Innclusive of those ones held by institutional investors.

For instance, Transcorp's OS is currently 40.65Billion...
This was noted to be huge and somehow affecting the share price from moving up and gaining significantly........because the number of shares for Free Float is 39.65Billion or thereabout.

Free float are the ones available or can be accessible for trading on the secondary market, which is the Stock Exchange.....

Thats my little understanding of it.

Zagee:
Report has it that AMCON sold off 1.5billion shares yesterday. The buyer we dont yet know

I thought AMCON was the buyer

Streetinvestor2:
ZENITHBANK

Oga you dont want dividend?
QD is Friday 14th o.

Those sales you saw would probably be crossings from one customer's account to another.......it's just passing thru the search engine.
My own little understanding of it.

dpacificheraclx:
Maybe a bigger player is buying 😂, we shall all find out who the person is tomorrow, let's keep watching

Maybe too.
The huge cross deals of yesterday was said to be about 3.8% of the total shares outstanding.....
TRANSCORP just needs to do something about the OS cos it's not expected to stay static at present price.

Streetinvestor2:
Please can someone explain to me what is happening. I thought the nse is first come first served. I placed a sell order early this morning. After some time I got notice of few sold as partial fill.Since then large quantities of the same shares are being sold at the same market price I put but my order is still on the little initially partial sales.Why is my own not being sold .And the sales I am seeing are not crossed dealings

They are crossings.
Which stock anyway?

TRANSCORP
I've just been watching the mvmt of this stock and 2 or 3 other ones since market opens.......
- Despite markdown, it's been showing strength.....
- Offer more than bid, but still getting attention...
- Over 89M done in transactions btw 1.35 & 1.43....
- Some info seems to be driving the interest .....
* Could it be because of the new incoming admin of the president elect?
* Is Tony planning/commencing share buy back or it's the financials?
* Is the time for Transcorp to move approaching or just the initial gragra?
Events of things will throw more light on it in coming days or months sha.

NB: Not any form of advice

Ginalex:
yes o. To average down my WACC, I acquired more at 7.95 today

Well, Blvd you have your reason for holding unto it.
Try and consider Nahco below 10 if you don't have it yet........DD applies.

Ginalex:
Hi ma'am. Please what's UACN's qualification date?

6th June, 2023
So you're still holding unto it?

TRANSCORP
Huge crossings @1.35 within two minutes of market opening........1.5Billion units....
New investor?


BTW, Today 11th is the last qualification Date for Div.

Morgan Capital Securities Limited (MCSE)
- Made top 10 stockbrokers list in both volume and value for the week ended 06/04/2023!!
- Not the first time it's making it in the value aspect; always among the top 10 in volume.

Oya, where is my Oga that said it's only the low networths individuals that are Morgan's customers?
I won't mention name.

https://ngxgroup.com/exchange/trade/licensed-trading-members/top-10-brokers-performance/

ositadima1:
Good morning @yMcy56.

Happy Easter dear brother.

Plenty grammarians with plenty grammars on top Caverton.
With all these book quotes and book titles, e be like say people like us never even start or know anything about this stock biz o.

Anyway, this same Caverton is on watchlist for possible merger, acquisition or delisting from NGX......by the Newbie's Association of Nsempa. The grammarians are welcomed.
** Note the watchlist. No certainty anywhere for now**

Lol. Make Una no vex my ogas. I'm also just sharing my opinion on the matter.

emmanuelewumi:
There are people who have been keeping cash and sitting on the fence for the past 4 years. Some were even waiting for Zenith Bank at N5, I won't mention names

Peter

Best to have God fearing leaders who would not only promise but also back it up with action

emmanuelewumi:
I foresee Geregu doing a public offer and an offer for sale in order to attract more people into the company. That is when insiders will start to cash out gradually .

Noted sir.

naturalflow:
On this geregu issue,for you to influence the price 10% downward na just 30million naira,even if you get the bar where will you see 100000 block units?so the key is in just few peoples hand.many analyst are shouting 1000% overvalued,I just dey laugh.#otedollareffect

Good thoughts!

In February 20 when Zagee made below post, I just said OK.
Geregu was selling at around 224 that time; moved up to 325 thereafter.........and later settled @323....
Funny enough, I told someone that I had the gut feelings it would touch 300 when it was trading at below 200, when I later saw the post I just laughed. Thank God it didn't go sideways, I for hear am...

Zagee:
As for GEREGU, applying cautions with the TA. RSI overbought on the monthly and 72% on the weekly.

Some logics are just needed by traders to trade some of these stocks.
BUACEM was noised that it would go back to N16 or something when it was listed, today it's closed to N100/share.
One of the criteria used by Forbes to measure the worth of top billionaires in the world was their equities. Top billionaires in Africa also......and we don't think these guys will do what it takes to stay on the list?
Lol. Make Una no mind me. It's not any form of assurance to stay or exit the shares.

Mfunkynation:
Please check your mail OUR QWEEN

Which queen? Make I just no talk.
Na you go check yours sir, replied since Wednesday.

..lords are many, gods are many, but to us there is only one true God...1st Corinthians 8:6, the Father, from whom all things came and for whom we live

OBAGADAFFI:
Most of us didn't offload this stocks since 2020.

Twale sir. Na people like you just dey collect free money from NSE.
Long term also have it's advantages if one can get it right o.

Can just imagine if the SEPLAT I picked @312.70 is still there, Nahco @2.06, FIDELITY 1.77, etc. You for never see me here self. Will just be coming to read as a guest too. Lol.
Let me make myself happy at least.

One person don ask me who send me work self. The Ogas wey don belle full.

Mfunkynation:
BUACEM SHELLholdaz...... For those that don't know

Did you say shell holders, ok o, siddon there.
Alhaji Rabiu that his name appeared among the richest billionaire in the world........you think say na child's play. Lol.

The unit cost price for the 5units I left for Registrar palaver was N13.25. I just left it there as souvenir ...
I presume the man will continue to defend the share price sha.

https://nairametrics.com/2023/04/07/forbes-releases-comprehensive-2023-world-billionaire-rankings-as-three-nigerians-dangote-rabiu-adenuga-make-the-list/

lexy2lexy:
Was WAPCO marked down today?

April 6th is the final qualification Date , will be marked down the next trading day which is 11th April.

** When I was telling Pa Emma to specify earlier, e be like say my own too much.

In another news, I was searching for something and stumbled on the attached in my statement.......for doubting Thomases......
ZENITH picked @10.70 and 10.75 in March 2020......
UCAP 3.24, Fcmb 1.44/1.89, Wapco 8.90/9.10, Jaiz 0.42/0.47k, Transcorp 0.60/0.61k, Fidson 2.45, FBNH @4, etc.....and the Ucap was expensive then cos it went back to around 1.90......
Chai! It is well o
**Imagine if someone had retained the stocks at these prices till now!

Kings are made not born, but everyone in position of authority has been ordained and placed there by God

emmanuelewumi:
I have issues with the financial health of this company, with a negative working capital of about N60......
.
This is the type of stock you should not do long term investment with because of its potential business and financial risks

Oga Emma, you quoted 2 stocks......you ought to specify which one you referred to.
Though I know but specifying is better for purpose of those who doesn't read.

NAHCO
Final Dividend: N1.20k
Qualification Date: 12th May, 2023
Payment Date: 26th May, 2023
Registrar: Cardinal Stone

Eventually, it's not April fool.....

https://doclib.ngxgroup.com/Financial_NewsDocs/38167_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC-CORPORATE_ACTIONS_CORPORATE_ACTIONS_APRIL_2023.pdf

BUACEM
Final Dividend: N2.80k
Qualification Date: 11th Aug, 2023
Payment Date: 24th Aug, 2023
Registrar: Africa Prudential
https://doclib.ngxgroup.com/Financial_NewsDocs/37800_BUA_CEMENT_PLC-DIVIDEND_DECLARATION__CORPORATE_ACTIONS_MARCH_2023.pdf

Owoblowblow:
Hi, hope u are well.
I wondered if you know the dividend qualification date,
Thank u

Qualification: 27th February
Payment Date: 4th April

naturalflow:
Have you received your geregu dividend?today is 5th of april ooo.

Maybe we have to ask Meristem what the delay was all about........but I know Ote$$ also needed the dividend, so it has to come.