₦airaland Forum

perfectgen:
Greetings to the house. Please I need advice from veterans on a step I plan on taking.
I have some units of Aiico insurance; I am aware of their rights issue presently. I am planning to sell off all my units while trying to get it back through the rights issue channel.
This will give me at least 10% profit, which I deem is fair enough. How tenable is this move?

@Ogg @DeRuggedProf @Mcy56
@RabbiDOracle @ emmanuelewumi

I don't really know how the right issue works. It's 5 ratio 13 right.
I think picking on the floor will be advantageous as prices are getting lower.

S.p.a.m.b.o.t just banning people anyhow.
Lots of members banned.
@Dominique pls do something about it.

ositadima1:
Thanks

To execute trade, simply click on buy or sell button on top of the live trade page or from the menu drop down.

Godisfaithful:
Peteru, make we join hand together and build NairaBets Stockbroking firm or Rabbi Stockbroking Ventures or Jejelaiyè Partners lol

Lol.
Inform us once you set it up, make we come dey play baba-Ijebu there.

ositadima1:
Ok, for example, on the market view tab, on my laptop I normally double click on any symbol to view bid and offer quantities for that symbol. I have tried to bring out same on my mobile phone without success.
Can you that on yours? How do you do it.

Try this:

Mcy56:
Click on the tiny arrow in front of the stock name, it will bring up a drop down box, click "Market Order", then click "By Order", it will bring the offers/bids for the particular stock.

lancee:
Zee ..this funny stock ..where u dey go again

This market is just something else.....one moment stocks were losing, the next moment they were gaining. Just unstable and tiring.

See as deep pockets at playing with numbers in GTB. We see how it goes...

Access really mean business....
Positive momentum in the market. Still observing.....

aremso:
oga write them and copy SEC, attach your cscs statement and valid means of identification. They dont like one copying SEC but if u do that, you will surely get the result. If they failed to respond send them reminder copy SEC, NSE and CSCS

Sir, I think he should just give them what they wanted instead of going thru all these stress.
He should take the e-mandate form together with his passport photograph to the bank for endorsement, then submit to the registrar thereafter.

Mills55:
Most times is difficult for a black man to appreciate or praise his fellow black man when he's good at what he does.
My brother I respect your wealth of knowledge. I think most of us are privileged to have u around

This is nice and I've expected to see something like this. People should learn to appreciate oga Onifa cos a lot are benefitting from him but they'll keep mute like nothing happens.
You're appreciated for appreciating him and his efforts by all of us at ....errrmmm, errrmmm......Chai! Lancee I don forget the name of our coy ooo.

Paulfroshman:
Please how can i go about endorsing my passport photograph as required by datamax registrar?

Thanks In anticipation bosses

Take the e-dividend form to your bank for the passport endorsement. They will endorse it at the back. Ensure its the same bank you filled on the form that endorses it.
They may do this to confirm your identity and that you're the true owner of the account, though I don't really see it as necessary since BVN is on the form......but just give to Caesar.........

Mills55:
Thanks bro. Even my Penny earning Annuity Scheme (PEAS) that is with them, they have stopped it since last year. Return investors money has been an issue till date. Something I did that was suppose to run for 21 years, they just stopped it along the line. Thanks for your advice.

Try and open account with a digital broker so you can trade by yourself and move your stocks too.
Cashcraft is not what it used to be before, they are not catching up with the prevailing trend and I fear for them if they don't do something urgently to handle this.

MYMINDER:
Can anyone confirm that Morgan Capital has increased their broker commission to 0.5% from 0.25%

Where have you been?
It's been increased to 0.5% going to a year now, if not more than a year self.

Enyinne:
Sis , I finally bought few gtb today . Pls what should I do next so I can get my dividend . I use Morgan capital . Pls advice. Thanks so much for always been helpful

Start processing your e-dividend with Datamax registrars.
You can download the form at Https://sec.gov.ng or search online for the form.
Fill it and submit to the registrar. Remember to do follow up on it.

rebekah2011:
UNION BANK OF NIGERIA PLC RIGHTS ISSUE
AT N4.10 PER SHARE
You are right ooo.

I said it that the current market price is on the high side too.
Imagine Union Bank trading higher than the likes of UBA.

dipoolowoo:
Jaiz Bank Board Proposes Payment of Dividend
https://businesspost.ng/banking/jaiz-bank-board-proposes-payment-of-dividend/

Arduino see your bank o.
Even if it's 0.02kobo, it's still a good one for a start.

rebekah2011:
Zenith in my view should just pay cash and cancel all the share capital of Union bank. 300b - 400b should buy it.

I'm sure they'll be looking at all available options too. We wait and see how it goes.

Ibrahim505:
Its almost impossible for you to get into the register since you missed it today

If it's digital, he can get in, if purchased in the early hours but for analogue, it's almost impossible, so he better wait till after markdown to buy.

Mills55:
Please Ma'am, will I still qualify for Gtb dividend if I buy tomorrow? Since tomorrow is the markdown. As it stands, I gave my analogue stockbroker instruction to buy, but I don't think my bid was successful. Cashcraft can really delay.

Yes. You will qualify. Register will be closed after COB tomorrow (precisely on Thur).
My concern is however the cashcraft you're using.
What if they buy but cant credit your account with it before COB? It simply means you'll be losing 2.50k on top of your purchases by Thursday morning. If you know they can't buy or credit your account with it before COB, I'll advice you WAIT to pick some units on Thursday the markdown date and wait to chop price appreciation instead.

*Sorry. Couldn't post link now....and the doc is not attaching*

veecovee:
+ caverton, afriprud

Thks. I didn't even check those sides.

Access, fcmb, Fbnh, ucap: Full bid

OBAGADAFFI:
Just watch the bids on Union reduce.
They need to make it cheaper, before they .............

Offer was available for UBN since and the bid not that heavy nah.
UBN price didn't change much also cos it looks high already self. For them to consider that price, Zenith needs to move back to the 17/18 region or they beat down the price of Union like you said.
Anyway we see how it goes.....

OBAGADAFFI:
Lol, it is time to sell
buy the rumors sell the news.

Sell what? What has changed?

GTB: the 19.70 supplier yet to finish selling since, make e clear for road and allow price to get to N20 and above before closing.

Peterichy and Bigsmartguy where you dey? You know why I called you out shey?

Tvegas:
Waoooh thanks, i how you 1000 units of Zenith bank.

Lol.
Did you get it now?

veecovee:
.... mkt is full of surprises

Lol.
I was even thinking the market will be down today cos of the Dow news I was reading earlier but thank God for everything.

We have oga RabbiDoracle to thank too. He really tried.

Let's remind ourselves that we shouldn't be too carried away with the bull we're seeing now, we need to be abreast of what's happening globally and locally, especially the short termers.

OakPearl:
I noticed I have been on a regular weekly ban for no reason.
Emails asking them to correct whatever system issues fell on deaf ears.
It is well.

They ought to upgrade the Bot to recognise some words, don't think they're doing anything about it.
You may contact to Dominic too.

ebuka1997:
Ah don’t leave us oh, what would we do without you?

Lol. Everyone will be fine my bros. My ogas on top full ground here.
I'm not leaving anyway, I was banned by the Spam bot for responding to someone here and it will elapse on 20th March. Thanks.

Tvegas:
Please how do you track Bids and live trading activities. I am logged on to morgan capital and NSE portal at the moment if they are of any use?

- Login to Morgan capital iTrade
- On top left you will see one small icon, click on it, it will bring up a box showing different items for navigation
- Click on market view, it will bring up a page for the live trade.
On top left in the "all board" column, select Equity or Premium
- Click on the stock you wish to view it's bids/offers.

Enyinne:
Thanks dear sis . Pls is it still ok to buy given the price in the market

Difficult question but since you asked for my opinion, I will say, Yes. GTB is still very okay below N20. It's place is above N20. It's gap with Stanbic shouldn't be too far apart.

DD advised.