₦airaland Forum

afroxyz:
Oil.price would tank if Biden wins

faoogoke:
United Capital sent email to all stock account holders saying SEC requires everyone to do KYC afresh except those who did theirs in

the past six months.

Its a general requirement.

forghe:
Wike is trying but let the development be even.
Its not only Obioakpor and Phalga we have as local governments in port harcourt
Peace✌�

Zagee:
The last mail from Morgan stated that we might have difficulties trading and this is the same KYC issued some 3 months ago. I opened an account this March, replied to a KYC update later in the year and now another one??

anjilgreat:
Did Morgan capital inform you that the suspension has got to do with KYC?

I'm also having same issue with my account with meristem and they told me that it's not a problem with them.

CSCS is the one that suspended the account of some of their customers and they are waiting for a feedback from them to know the reason for the suspension.

ukay2:
FMN plc should better go back to N40 upwards....Devaluation really affected their Q2 result

Princkez:
You guys have moved GSK to #6...ok ooo

DexterousOne:
This reality is something we should be ashamed of ......

A whole giant of Africa
Depends on FPIs to significantly move the market

prof2007:
Most Stockbroking firms that ceased operations either merged with other companies or transferred their clientelle to other Brokers.

What is the name of the stockbroking firm you were using? We may be able to assist you to trace their new name.

IYGEAL:
No! Of course not

debeey87:
They're possibly going to be processing. It's an untapped market in the Nigeria agricultural value chain. A lot of farmers produce but very little process their produce into a finished product for export.

Priceless25:
@OakPearl.. My trading 212 is up and running now, won't make that expensive mistake again, I've learnt my lesson. I'll say it again to anyone that cares to listen "AVOID CHAKA BY ALL MEANS!" Nigerian fintech will destroy your trading opportunities, learn from my mistake. Imagine after loosing $1k I'll still pay them commission charges, crazy people.

Sh0lar:
I started investing in NSE may this year. I invested in few banks including Zenith.
Now it is time for interim dividend and the registrar (based on info from my broker) is saying I am not entitle to it. That it is only people that invested before May that are entitled.
Abeg make una help me:
Zenith said:
Proposed dividend =30k
Closure date: 17th of Sept 2020
Qualification date: 16th Sept 2020
Payment date: 22nd Sept 2020

Please people, am I not qualified based on info above.
Kindly advice how I can also take this up with the registrar. Because this is looking like daylight robbery to me.

megamart247:
You are right they will definitely come back when exchange rate hits N600 per USD and NSE ASI dips below 20000.

ojesymsym:
I though more people try to drink away their sorrows when depressed and have no money, has the economy made more people repent?

Willie2015:
Am not a fan of investing
in the brewery sector...
In dis challengin period ...
While I agree with Guinness is a leader in the spirit segment....
D tremendous upside may actually be a mirage....
Cos of the 14% increase in excise duties to ₦20/l for Spirits ....
Another factor is also the dwindlin consumer disposable income....
Plus the current tight credit policy stance...
Which will affect sales revenue....
Its a long, tough and rough road ahead for Guinness investor...

Mcy56:
@Zagee did you see 590k+ of Seplat moved with 236M @N400?
Told you they don't need me and you.

No vex say I mention you ooo, it's because you're the only one that identified with the stock here around the time I mentioned it.......oh! .....and Coolcash1 too.

dinyelutochukwu:
The streets are red.

babytoun:
since the 2008/09 crash i have not gone near stocks ..
imagine someone that spent much of his savings on stocks like JAPAUL, Transacorp, Oceanic Bank, Intercontinental Bank, CI leasing (i still remember i bought this one for 17 naira in 2008 the whole estacode wey my office give me for a 3 weeks work outside 9ja) . i remember when someone said IGI was doing private placement and if we bought , we would gain at least 100% when they get listed publicly...... na so i carry money put ...up till today i no know wetin happen to the IGI.....

when snake bite person e go fear even millipede...... however our people say when woman pikin drown for river ...after crying na water she go still use wash her face ...that is why i am trying to give it a try again ...from a better informed position with money i can afford to lose

so now i am learning how to still do well even when the markets are down ...my purchases were purely based on rumours and pressure from stockbrokers..... i plan to take full responsibility this time with some help from pros here