ExcessKJ:
Good afternoon, everyone
Please, I am trying to open an individual account with Morgan capital, but the last part shows which account I preferred between cash account or direct cash settlement.

Please, which is more appropriate so select. Thanks

ExcessKJ:
Good afternoon, everyone

Please, I am trying to open an individual account with Morgan capital, but the last part shows which account I preferred between cash account or direct cash settlement.

Please, which is more appropriate to select. Thanks

crownprince2017:


Wait for merger news, it will do 100.

Bbbwings:

Amen

ExcessKJ:
Good afternoon, everyone

Please, I am trying to open an individual account with Morgan capital, but the last part shows which account I preferred between cash account or direct cash settlement.

Please, which is more appropriate to select. Thanks

ExcessKJ:
Good afternoon, everyone

Please, I am trying to open an individual account with Morgan capital, but the last part shows which account I preferred between cash account or direct cash settlement.

Please, which is more appropriate to select. Thanks

sterlingD:
In another news

https://doclib.ngxgroup.com/Financial_NewsDocs/ACCESS_HOLDINGS_NGX_ANNOUNCEMENT.pdf

I am tempted to ask is there no end to Access bank appetite for acquisitions

sterlingD:
In another news Access bank on the acquisition beat

https://doclib.ngxgroup.com/Financial_NewsDocs/ACCESS_HOLDINGS_NGX_ANNOUNCEMENT.pdf

I am tempted to ask is there no end to Access bank appetite for acquisitions?

emmanuelewumi:



Do you have an Investment account with United Capital Asset management?
Existing loans will continue with the old rates until when the customer rollovers the loan for another 6 months

Streetinvestor2:
I thought cbn said this banks should be gearing up for recapitalisation. Whr is access getting the capital for all this acquisition if thr base has gone down because of exchange rate.
It looks this is the way top management of access is using to steal from itself. The next is to be booking losses from operations of the overseas branches

emmaodet:


Do you have an Investment account with United Capital Asset management?
Yes, I do have it. Both for trading and mutual fund

Which of the investment account products did you invest in?
I am on using them as my broker for stocks presently. I want to be sure I can get a loan before investing in their mutual fund.

Who is your account officer? What is the purpose of the loan?
A lady called Eyo. I enquired about the loan thing from her. She said yes but can't really provide any number for me since then


Interest rate for new loans is now reviewed to 25%. - I can work my numbers around this

BabsO2:


There is a long queue of offers waiting for the FBNH bull at various junctions
Make the FBNH bull no gree especially for the bearish offers that are below last closing price.
At least let FBNH keep Zenith below it while preparing to catch GTCO.

yMcy56:

No much update received on many NGX stocks so far...
There's exit option available.

sterlingD:
In another news Access bank on the acquisition beat

https://doclib.ngxgroup.com/Financial_NewsDocs/ACCESS_HOLDINGS_NGX_ANNOUNCEMENT.pdf

I am tempted to ask is there no end to Access bank appetite for acquisitions?

emmanuelewumi:



Since you have equities with them you can get loan of a minimum of N5 million to buy shares only. Provided the stocks in your portfolio are liquid and are acceptable as collateral.The loan will be credited into your stockbroking account.


But with mutual fund investment you can get loan that will be paid into your bank account which you can use as you want.

Streetinvestor2:
Dollar gang how market. Panic sell about to be triggered if you no believe go ask aboki for street. Dey no gree buy #1500 as of today ....wahala

Streetinvestor2:
Dollar gang how market. Panic sell about to be triggered if you no believe go ask aboki for street. Dey no gree buy #1500 as of today ....wahala

Streetinvestor2:
Watin happen. That means thr could be hope for oando shareholders. Has sec changed management or Pz bribe was not large enough...naija my country .You want to pay #23 for something that is now #40 on nse

thebargainhunte:
Never in the history of Nigeria has everything skyrocketed in price as we presently have. Everything is increasing in price, yet some people are complaining high price of stock market. Our market capitalisation is still below Egypt and South Africa market capitalisation. Una tink sey 1 trillion market capitalisation na child's play.

Locotrader:


https://nairametrics.com/2024/03/20/naira-strengthens-to-n1400-on-the-parallel-market-as-speculators-sell/

lionshare:
I cant fathom why the south african JSE has ASI value close to a trillion dollars yet the nation's GDP is less than $500B.

BabsO2:


Let Oando price climb up to safegaurd the hope double fold.

A very high buy out price if it must happen which is going to be challenged by shareholders who want to benefit from the turnaround. Any buyout short of the highest PO with time value of money interest must be rejected.

Outright cancellation of the buy out. Those that want to exit can sell on NGX. Oando currently top quartile in terms of value of transactions on NGX so those that want a buy out or want to leave can still leave. While those that want to stay can enjoy the turnaround in full.

emmaodet:


Ohhh good.

Thanks very much.
CA you help me with the ucap limited number?

Agbalowomeri:


What is the valuation of Bitcoin? Where is the GDP supporting Bitcoin valuation?

yMcy56:

DONT select "Direct Cash Settlement" pls

Direct Cash Settlement (DCS) means each time you sell, your fund goes to CSCS for settlement into your BANK account after T+3 days, you'll then have to keep transferring it back into your portfolio, which has lots of stress and disadvantages attached to it.

Prolificlife:
Pls do not go for direct cash settlement, because every time you sell, fund would be credited to your bank account after three working days, meanwhile, before they credit your account, you will not be able to utilize the proceeds

KarlTom:
DCS option is for payment to your bank account (which you already provided).

Read more here:
https://portal.cscs.ng/documents/1174203/FAQs%20on%20Direct%20Cash%20Settlement%20(Revised).pdf

Streetinvestor2:
On a serious note.i think is magic for your stock exchange capitalization to be bigger than the country GDP.
I thought the capitalization of a country stock exchange is a subset of the happenings in the country macro economy


My oga come teach me Bitcoin only.It looks the thing is far better than bet naija if you get it right. The cash out dey dey loud...since I sabi get patience for investment I go fit hammer