There is this thing that sometimes happens with Morgan Capital. I'm not sure if it's them or the NGX.

1. You'd place an offer to sell or bid to buy at a certain price.

2. For all the orders at that same price, yours is the first.

3. However, when some investor buys or sells at that price with a quantity far less than your overall quantity, your order will get filled partially and then your position in the list will be moved down.

4. Wouldn't be a problem if the orders atop are higher or smaller than yours as the case maybe; but it happens even though the rest of the orders on the table are still at the same price.

Maybe there exists some logic that explains this which I'm not aware of.

ebuka1997:


Insider trading on NGX is too obvious

Wont be surprised if it is the company trying to buy cheap, while they pay those that don't want to sell the final amount.
Very smart strategy.

dapix:


Wont be surprised if it is the company trying to buy cheap, while they pay those that don't want to sell the final amount.
Very smart strategy.

Exactly, announce 21 first and people refuse to sell them start buying above that price and people will be happy and think let they just sell since it’s higher then start selling, then announce 23 when a lot of people have sold. Companies in the process of buying out should have a lockup period.

Flour mill dividend has landed. This is good for the wkned, lol

IYGEAL:
There is this thing that sometimes happens with Morgan Capital. I'm not sure if it's them or the NGX.
1. You'd place an offer to sell or bid to buy at a certain price.

2. For all the orders at that same price, yours is the first.

3. However, when some investor buys or sells at that price with a quantity far less than your overall quantity, your order will get filled partially and then your position in the list will be moved down.

4. Wouldn't be a problem if the orders atop are higher or smaller than yours as the case maybe; but it happens even though the rest of the orders on the table are still at the same price.

1. I think it's the trading portal from NGX because Morgan and other houses are connected live to it.

2. The fact that your bid/offer is removed from up to down sometimes doesn't mean your first place has been removed or you've been removed from the first place.......I've also had same thoughts before, observed this overtime and realized it doesn't remove the bid from it's original number.

3. Cross deals are responsible mostly for the bid transactions, only the ones sold directly on the floor can get your bids/offers filled....

*This is based on my observation overtime anyway*

yMcy56:

1. I think it's the trading portal from NGX because Morgan and other houses are connected live to it.

2. The fact that your bid/offer is removed from up to down sometimes doesn't mean your first place has been removed or you've been removed from the first place.......I've also had same thoughts before, observed this overtime and realized it doesn't remove the bid from it's original number.

3. Cross deals are responsible mostly for the bid transactions, only the ones sold directly on the floor can get your bids/offers filled....

*This is based on my observation overtime anyway*

Very plausible.

Come what may don't be caught in the NSE in MAY 2024. It gonna be very bloody ☠️☠️☠️💀💀💀

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

yMcy56:

1. I think it's the trading portal from NGX because Morgan and other houses are connected live to it.

2. The fact that your bid/offer is removed from up to down sometimes doesn't mean your first place has been removed or you've been removed from the first place.......I've also had same thoughts before, observed this overtime and realized it doesn't remove the bid from it's original number.

3. Cross deals are responsible mostly for the bid transactions, only the ones sold directly on the floor can get your bids/offers filled....

*This is based on my observation overtime anyway*

Very true, once there is an offer at your price on the floor, your bid will continue to get filled, even though you seem to be at the bottom.

The phenomenon he is speaking of happens when your bid is partially filled, but then a transaction occurs above your bid price.

It doesn't change your real position @ that price, on the floor as Mercy stated.

What's happening to Sterling bank? Has been stagnant for months. Has the bank released Q3 result?

PETERiCHY:
Come what may don't be caught in the NSE in MAY 2024. It gonna be very bloody ☠️☠️☠️💀💀💀

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

God spare our lives...

essentialone:
Oando is set to raise their price from 7.07 to 14.14

Sarcasm or insider tip?

Too much of insider activities and manipulations in this market!!

How can a stock list newly and then the shares are not available to the public??
Isn't there a percentage that that company is supposed to make available to the public upon listing?

The only deal on MECURE since market opens was done around now with 102k single crossing in just one deal!

VFD on the other hand, they're deliberately moving it to their accumulation junction.....

essentialone:
Oando is set to raise their price from 7.07 to 14.14

Oando and it's management,miniority share holders will still reject that amount.they should be talking from #45

yMcy56:
Too much of insider activities and manipulations in this market!!

How can a stock list newly and then the shares are not available to the public??
Isn't there a percentage that that company is supposed to make available to the public upon listing?

The only deal on MECURE since market opens was done around now with 102k single crossing in just one deal!

If them no want us to buy, why list it? I guess they'll not release offers until they reach their desired price. Our own na to see something chop from their corruption. Please do you know anything about TIP

yMcy56:
Too much of insider activities and manipulations in this market!!

How can a stock list newly and then the shares are not available to the public??
Isn't there a percentage that that company is supposed to make available to the public upon listing?

The only deal on MECURE since market opens was done around now with 102k single crossing in just one deal!

VFD on the other hand, they're deliberately moving it to their accumulation junction.....

my sis....e don Tey, no be today...cowboy doings...

Pz should pay like N30 nau

Yoast:

If them no want us to buy, why list it? I guess they'll not release offers until they reach their desired price. Our own na to see something chop from their corruption. Please do you know anything about TIP

TIP na "The Initiate Plc" offering waste management and consultation services

You can read this article to know more about their biz model:

https://nairametrics.com/2019/04/01/about-the-initiates-plc/?amp=1

yMcy56:

TIP na "The Initiate Plc" offering waste management and consultation services

You can read this article to know more about their biz model:

https://nairametrics.com/2019/04/01/about-the-initiates-plc/?amp=1

Thanks.

BabsO2:


Yes now. Some bulls are released for such things

I predict FCMB playing catch up if it doesn't want to be left far behind once the Q3 audit comes out.

FCMB is currently 6.90 (7.81%) . What's going on

BHG:


FCMB is currently 6.90 (7.81%) . What's going on

Q3 Report not yet out...

BHG:


FCMB is currently 6.90 (7.81%) . What's going on

Market Osmosis.

Selling some shares where accretive value has thinned relatively, to buy where there is more relatively, could be happening. Thus a stock or stocks rising can pull up others.

This can accelerate or decelerate with more information becoming available.

VFD GROUP
The ogas are around today in market .....
Moved it back up to N202.....

Those that picked @166 earlier must be sitting on pretty profit by now...

BHG:
FCMB is currently 6.90 (7.81%) . What's going on

Ordinarily, with FIDELITY moving up, we can't expect FCMB to stay put for one place.....

Where was I when all these gains were happening YTD? All the obscure stocks, na there magic dey happen. Na wa o

Yoast:
Where was I when all these gains were happening YTD? All the obscure stocks, na there magic dey happen. Na wa o

I am not surprise to see 3 of my kobo stocks on your table.
There are other kobo/penny stocks I know that will do same in 2024.

Big fat lie. You are not God who sees the future

PETERiCHY:
Come what may don't be caught in the NSE in MAY 2024. It gonna be very bloody ☠️☠️☠️💀💀💀

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Pure truth. Manipulation and nothing else. I have a senior colleague working in NGX and he told me this long ago. They deliberately refused to move WAPCO shares past N30 for a reason

yMcy56:
Too much of insider activities and manipulations in this market!!


How can a stock list newly and then the shares are not available to the public??
Isn't there a percentage that that company is supposed to make available to the public upon listing?

The only deal on MECURE since market opens was done around now with 102k single crossing in just one deal!

VFD on the other hand, they're deliberately moving it to their accumulation junction.....

nairavsdollars:
Big fat lie. You are not God who sees the future

Even if it happens,
We made so much in 2023 which can sustain us in 2024.
2024 might not be a good year for stocks but some stocks will still record more than 400 to 500%.

Learnwithgrace:
share your predictions

Pay before service.

Locotrader:


Pay before service.

How much

Jonwest:


How much

You no dey fear