₦airaland Forum

ACCESS @24
UBA @24
Interesting!
Let's see how ACCESS overtake to claim it's initial position back..

crownprince2017:
Between zenith and wapco at the same price, which one will you go for now and why.good morning everyone.

My take:
- It depends on several factors to consider when making a choice between the two.....

- For final Dividend, I'll go with ZENITH....also with price tendency to appreciate with +10-15%...all things being equal.

- For Dividend + possible price appreciation in near future, I'll go with WAPCO.
* WAPCO is yet to show significant appreciation even with the bull
* Cement price going up
* Tendency to appreciate in price with 50% or more is there......if we consider other cement coys in the sector

* Let others give their opinion as well. This is my personal opinion. *Bargain entry important*

essentialone:
After rallying on sentiments from N1.06 on 3rd August, 2023, to finally reach a peak high price of N4.47 on 25th October, 2023, the party is definitely over for Thomas Wyatt Nigeria. From that high, it has crashed down to N2.25. Those who bought it at N4.47, and still holding it now at N2.25, are clearly the Last Fools who were still standing in the Cinema Hall moping, when everyone else had gone home. Are they here?

- Not too quick to call anyone a fo.o.l for his choice of investment........ people have various reasons for investing in a particular equity....
- Used to amaze me how some people here always thinks their own philosophy and idea about this market or a particular stock is the right one or the best.....
- Do you know if it's a director buying on the floor?
- Hope you know Thomas Wyatt declared a bonus of recent, which must have been marked down?

* AIRTEL
Officially up with +10%! Now @N2,200!

* GEREGU
Up with +48.50! Officially@770!

* BUAFOODS@320! Up with +N21!

Doesn't look like these big caps wants to back down yet....

FBNH cross deals ongoing @27.20.......over 22M units done in transactions so far...

BuchyD:
EVERYBODY DON HIBERNATE

Waiting for new market updates and news .....

Meanwhile, DANGSUGAR's board meeting is coming up on 28th Feb to consider the AUDITED 2023 FYE report .

* We wait to see if NASCON too will release such bulletin or not.

https://doclib.ngxgroup.com/Financial_NewsDocs/40336_DANGOTE_SUGAR_REFINERY_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_FEBRUARY_2024.pdf
.

ndept:
Learn to move on... Emma is not a perfect man or a prophet, he is simply saying his opinion on stocks from his own point of view. If the same Geregu is doing N20 now, will you fish out your response? In addition, will you be happy if people start fishing out some of your response that went negative? .

By the time someone is even posting positive things that can benefit some others, na so people like you go dey dwell in the past.

Did anyone tell you I have any beef or issue with Pa Emma?
If you yourself made some posts that turns out to be positive, you'll be happy and glad to showcase it nah.......besides, anyone that made predictions and ut comes to pass, I'm always happy to reference it as well.

If you want to post the ones that went negative, you're very free to do that.

Pa Emma is my boss and will remain so as far as this forum is concerned.........more reason you didn't see me reply @currentprice, he's my boss and well respected by me. So also my other bosses.

Streetinvestor2:
Transcorp go enter #20 when q1 2024 result show

It will react much more to +ve news self, and may even surpass the 20.......but when? I no know.
Make una no quote me o. Lol.

Meanwhile, the huge cross dealer of FBNH is at it today again.
By the time Otedola reason First Bank, people go dey run to catch up with it. Just my opinion.

Wish I can fish out my response to Pa. Emma on GEREGU when it was listed and is trading @100 or so......only thing is that, at the current price, it could trap fund for many days if the buyers didn't come to market.

GEREGU @721.50! Up with +N45!!

Hope dey for TRANSCORP faithfuls.
Make I no mention figure. Lol.

ojesymsym:
Resident FBI...
Your memory is so sharp. Wow.

Lol. Don't mind me o.
Maybe it's because I happened to be one of those that gave him advice that time......and still remembered seeing his similar post at another time too.

No be serious person. If he's serious he would have made a lot from GT and ZEE in the shortest of time.....btw Nov 2022 and now.

RSQLPython:
Good people, which stock would you buy if you have N100m to invest?

NSEMPAs should stop replying this guy, he's just catching cruise with his Audio money...

He has made it an habit to come in here in seasons to ask same or similar questions.......
Attached were samples of the advice giving to him in Nov 19 and 21, 2022.......can't remember whether he came in 2023......now he's back in 2024 with 100m..

As at Nov 21, 2022, if he's serious, he would have picked GTCO and Zenith at very cheap prices......@ circa 20/22 or so.

He should tell us the Savings that turned 10M to 100M for him in barely a year.....

Agbalowomeri:
Wigwe dies
May his soul rest in peace

Very painful!!
May the Almighty God forgive their sins and grant them eternal rest.

Krisuba:
. Any Morgan customer care phone number or anyone I can contact??

08115190550
08115190510

info@morgancapitalgroup.com
You'll get reply here as well. Efficient!

megawealth01:
Today's Top trades volumes

Mega well done oo
Na yesterday's trade for this NSE part of the world..

Some stability this early market hours/minutes...some greens sighted.......
Maybe it's too early for this conclusion......Let's keep watching how today's market goes again.....
E Ku Market ooo.

seyisanya:
If you feel he's come out recently to say ''I TOLD YOU SO'', then so be it! He's earned it, so let's give him his flowers. Besides, most people do it here including you.

OK.
..but is it a crime not to applaud someone if what he's saying doesn't go well with the person or you're not just interested?
No be by force to append "like" nah.
Even if I say "I told you so" like you said, I'm sure my own is not to mock anyone.

Besides, you didn't seems to understand the particut trail msgs I referred to.
Even if it's ordinary greetings, I used to like his posts.....but didn't like that of today either. No be compulsory thing. Many of us doesn't care about like or no like. We go ahead with our posts regardless.

I rest my case. Back to status quo.

seyisanya:
Isn't it funny that the same CP whose comments about bull would garner tens of likes followed with praises of how he always got it right, now gets ignored because the narrative has changed? Well, not surprised, it's an aspect of human psychology!

I don't think you've been following trail posts...
If you do, you'll understand why CP's post was ignored. I guess he also knew.
I saw that you mentioned this the last time as well, I also ignored your post
Make we just leave story and focus on how best we can make use of the current situation to everyone's advantage.........rather than coming here to mock anyone or jumping out to say "I told you so".

I Blvd everyone have his/her strategies or will work out a plan to navigate thru the TB induced bear and come out unhurt once the dust is settled. It's well.

SonofElElyonRet:
You have all been warned
p.s. I no quote you because of Pa Emma o

Lol. Serious no gree for anybody......
Make una no mind me jorr........I dey refer to his loyalists wey dey quote to defend anyhow.....

emmanuelewumi:
By the way this is not the time to JIJO, if you do you learn the hard way.

Invest with patient capital, buy fundamentally sound stocks, that pay dividends and are appropriately priced

Oga Emma, this is what I'd expected from you around this time and not your earlier posts that were possible of sparking arguments, which I think it actually did.

Anybody wey quote me for this post because I referred to Pa Emma for making a controversial post, e go get his/her reply.

Testimonies777:
Thank you, Anty Mercy........ At least there is hope at the end of the tunnel.

All I can say is this:
What's happening in the market now is a red brought about by some policies of the CBN, with which TB rate was a major one........and not really the normal bear that usually occurs after the earning season has gone. It's a bear induced by circumstance and it's not a new thing to some of us.

Many of the folks selling are selling with profits because the Bull has been around for a long time now.

* See TRANSCORP for instance; quite a lot picked at circa 3, and then 6+. Even if those ones sell @10, they're still in profit. The only group that might be affected are those who picked at high prices.

* There's always a way around all these! Forget the panic posts here and there.
If market turns green tomorrow, you'll see different posts of how they entered the market today.....E.g. Peter.

These thing is a cycle. If stocks go down, it goes up.....and vice versa.
Whosoever is in the market and is not opportuned to have purchased at low prices should preserve his/her capital. Any losses on the portfolio doesn't become a loss until you sell. When bull resumes, it clears the losses again.

Streetinvestor2:
Depending when u bought my guy.All my stock will give far above that

Exactly!
For instance, UBA that we were shouting here @8, rose up to 34 or so, how many % yield was that?

You know, why I made thst post was the fact that they were tagging bear to the present situation in the market. Did anyone of them forsee TB yield @19/23% before?
It was a situation brought about by NEWS! Which the SA has been hammering on here as well........that, it's not only TA/FA that dictates the direction of the market but SA also has significant role to play........but, after they all sold with +100/200% gain or more, there's the need for them to re-enter the market at cheaper prices again, so the good excuse to use was TB rate.

We all know Bear will come, Bull will come but at their respective times.......
Towards last year November I think, some were shouting bear but Mr. Bull did otherwise.....and the bull kept firing on to enter 2024.......we no hear pim from them again.

Locotrader:
Una get rift before?

Wetin concern me concern rift?
He just jumped on my post and yearning dust.
He/She has the right to post his opinion as well......Na my own I post.

They're just trying as much as possible to create panic and depress the market so that they can go and pack stocks cheaply........na why he dey vex for my post be that. Dem plenty like that.
Na why dem no dey like my posts. You know say my posts dey spoil their parole sometimes, if I post wetin dey happen for Market.

Locotrader:
If we are in a bear market, this TB rates would have been excellent but we are in the bull.

I shun it.

Not even when results are coming and dividends will be declared......
Some dividends alone will take care of their so called yield self.
Different strokes for different folks!

Zegra:
Learn to pass your message without being arrogant to other forum members

.....and what's the arrogance in my post?
So those posting "blood in the market", "run for your life", etc, they're respecting the forum members bah? Or they respected the person of each individuals with the right to follow their investment objectives and plans??

You can pls do well to skip my post, respect my personal opinion and allow me breathe here!

Locotrader:
ASI was @ 100k level this morning and know 101k.
This TB will still come and go.
Nothing do our bull

All these TB noise is not new to us.......no be today dem dey shout am.

Interest you'll wait for a whole year to get, in one month you can get it on NSE if there's bull.....
Dey come dey shout am like say it's the best in the whole wide world......
It only benefits deep pockets much more in my opinion.

At least, after they all sell commot, dem go allow market to breathe.

GTCO: The first Bank to turn green.....
DANGSUGAR: All offers @67?95 cleared....
UBA: Red thinning out

* When GT leads like this, it points to something+ve at least....

We go all dey alright las las....
I don't even want to post about market at all......make e no be like say I dey fight market .....in Agba's voice...

Jerekre:
Aside stocks can you get bonds from Morgan? What is their commission, is it still 0.5%? Are they still charging ₦‎2,500 for yearly use of trading software?

- Yes......but they'll be the one to purchase for you.
- It's still 0.5% brokerage fee
- Not sure about the annual N2,500 again.

Locotrader:
Calm down let capital market prevail
https://nairametrics.com/2024/02/07/nigerian-treasury-bills-rate-jumps-to-19-per-annum-as-cbn-targets-exchange-rate-stability/

Funds still entering the market despite the TB rate that many are shouting about.

DANGSUGAR for instance, if anyone follows the activities there yesterday, he'll notice that the more some investors probably in profit were selling, the more people were making use of the opportunity to buy.
- It went all the way to -10% at some point and quickly went back up to close @75+ again.
- Huge funds still entered GTCO, FBNH and some other stocks despite the sell off witnessed generally, and quite some stocks still gain at COB.
- Guess, this is the type of opportunity some bargainers may have been waiting for.
- No one should see his/her own investment plan as the best at any given time.....if they go, they'll still rush back again.
- Each should follow what works best for him/herself.
- Anyone moving to TB, good luck to them. They shouldn't make those in the market look like they don't know what they're doing.

PuristForest:
Meritrade is very okay, they can be a bit slow with responding to email communication but they do.
Regarding the interfaces, both platforms have their strengths and weaknesses, the new Meritrade interface is very simple to use and more userfriendly for the most part, beginners will find this quite intuitive to get around. MorganCapital is more robust but less user friendly, you have to dig in and read the help material to find things as you go along, however, it has more advanced features including the ability to see live trades and a robust reporting functionality which enables you to see the summarized market data and all your portfolio and financials... for me thats what sets it apart from meritrade. Finally, Morgancapital is abit effective with email coms, they try to get back to you within a few hours. If i were to choose one, i 'd actually go meritrade!

Good.
@Boshins you can weigh your options then.
I made my post based on some of the posts on Meritrade here. Not marketing for Morgan at all.

*edited*

Boshins:
Pls guys...I want to move my accts from my broking house to another...pls which do you recommend and the process....thanks in advance...

Go and try Morgan Capital Securities Limited
Seems people have been complaining about Meritrade here.
Send me PM so I can give you someone's number who is knowledgeable in that area and can assist you.
You go treat am well after everything is sorted ooo, no be only thank you he go chop.

SonofElElyonRet:
Thanks.. I'm too demoralized on transcorp having sold 2.5m units at N1 ! I haven't healed from the emotional trauma
No transcorp for me.... maybe for ever. The heart break no be small thing

You mean with all the price appreciation at different times and the uncountable posts on it here, you didn't re-enter since you sold at N1?
Did you sell at profit or loss?

I* You seems to be very impatient in this market and it doesn't work like that.....you know much better at least.
Not blaming you o, just saying you should look beyond your mistakes, dust yourself and plan to be much better. Everyone has one story or the other to tell at one point or another.
I hope you're making it big in other stocks you eventually chose to invest in anyway.
I'm not in the right place to give advice to oldbies like you sha.

Streetinvestor2:
The money market fund I am asking is the one that runs on daily like savings account which he can make withdrawal anytime or add to it.I see it on my gtbank app.i want to know if access bank has something like it

ARM Securities is also good.
MMF interest is daily but he can't withdraw the interest until after the month ends........and when you first register, you can't withdraw for the first 3mths, else you'll incur some charges.