Lol... well said.

zendi:

Your lawyers should demand of the International Authority that you be released to go and be examined for a condition known as Grandiose Delusions or Delusions of Grandeure.

That condition, for example, can make one see himself wrongly as a Top Notch Hedge Funds Manager and Trader with portfolio and networth in the hundreds of billions of dollars.

One Yoruba adage says 'Visit six communities, and you will see seven wonders'

Youngzedd:
Weti Musa no go see for Nairaland

I have been reluctant in making comments here because I just came back to stocks investment after a LOOONG run-away exit, prompted by the 2008 financial crisis.
Dangote did not start today. I don't who else was a victim, but when Dangote was to buy over NASCON in those days, he played a fast one on us; he offered some units of his holding to floor investors. Riding on the wave and euphoria created by the BCC takeover magic, his media team hyped the NASCON news to high heavens, and there was serious scrambling and lobbying by investors. I think only few people were 'lucky' to scale through. It was sold to us at N17 or so, can't remember properly now. I was so happy that my bid went through. I thought what I missed out in BCC magic, I would recoup in NASCOM. But before I knew what was happening, they had massively crashed the price. The man eventually bought it back from us at N5 or so.

Shalom428:

It's really sad how Nigerians overlook daylight fraud in NSE. Our leaders know exactly who we are , that is why they use impunity to rubbish us as much as they do

Dangote proposed a merger ( Nascon , DangSugar and DangRice ) . Prospective investors keyed into it , especially looking at the price its closest contemporary ( BUAFOODS ) was and still trading .

DangRice is nonexistent, zero revenue, yet he used to sell and pump the price of the distressed DangSugar. He used it to pump the price of distressed DangSugar, he already knew Financial cost will battered DangSugar. If this is not a daylight robbery, I don't know which one will be

He knew NSE investors are docile, they will not do shit. Can he pull this type of fraud in an economy with active investors, Hell No!

I no longer play in NSE , I have over 3 Million unit in DangSugar and Nascon ( combined ) and I have chosen to ignore them for the next 5 - 10 years

2025 , NSE investors should hold companies accountable, go to AGM , ask pertinent questions and challenge whenever it is needed. I'm getting old now , more risk averse. I'm now very much active in the money market ( Tbills, Bonds , Commercial papers and so on )

Best of luck , guys

quote author=Shalom428 post=133640156]

It's really sad how Nigerians overlook daylight fraud in NSE. Our leaders know exactly who we are , that is why they use impunity to rubbish us as much as they do

Dangote proposed a merger ( Nascon , DangSugar and DangRice ) . Prospective investors keyed into it , especially looking at the price its closest contemporary ( BUAFOODS ) was and still trading .

DangRice is nonexistent, zero revenue, yet he used to sell and pump the price of the distressed DangSugar. He used it to pump the price of distressed DangSugar, he already knew Financial cost will battered DangSugar. If this is not a daylight robbery, I don't know which one will be

He knew NSE investors are docile, they will not do shit. Can he pull this type of fraud in an economy with active investors, Hell No!

Insider informant of the year
Senior prophet of the year

Streetinvestor2:
I will like to create the last vawulence for the yr.
As the yr ends today. We should give awards in this thread
1.chief vawolence officer of the yr...street investor
2.chief monkey hunter of the yr..Loco
3 Audio billionaire of the year...
4 Highest female activist of the year...
5.The man way too sabi FA /buffet of the year..PA Emma
6.The man with Highest emotional attachments to a stock..M moniker
7.The man way sabi insult with polished English...
Pls add to the list because e suppose dey long
It didn't easy to survive TPAIN 2024

House. Can I sell off part of my Afolabi Tashere units in Aradel to prosecutes these new opportunities? Wapco and Japaul in my mind.
Thanks.

This one na Agba Sense o.

Agbalowomeri:


Make dem use their holding collect loan from their stockbroker and default. The stockbroker go find way out

Find it here: 0813 946 5387

Oakbranch:
I am having an issue with my registered email with Morgan capital group, for the reason I changed my address to a new one that I am currently using. Can my stockbroker which is Morgan honour it.

Abeg, add me to WhatsApp grp, if available.

Mpeace:
That whatsapp group thing ehhh. The way some pple dey come here come attack person, you no need any body to tell you say dem done finish discuss you for the whatsapp group.
Na silence i dey use manager them

Ha! Those GTI guys, they are something else. Their services, charges, PR are worse than bad. Compared to MorganCapital, their trade portal is too limited in access.

9free:


Same way GTI has been milking me. Thank God say na tesere money for gambling dey there.

Insightful observations.

Locotrader:


Look like Morgan capital and Atlas portfolio (cititrader) has same type of web portal.
Manually done things.

Well I was able to do a transaction with cititrader today at around 0.80% total cost on BUY. This people will save me money oooo.Just that the funding and withdrawals are not friendly.You have to notify them of payment and request for withdrawal too.

Cardinal stone and stanbic are also cheaper in fees than other peers(Top brokers).Tested them ok

Investment one has been milking me 1.80% buy and 2.1% sell for sometime now.They will not see my BUY again.

Got it.

Ginalex:
The cheaper fee was what made me open my second account with Morgan. The app is user friendly

But then, what's the charges/commission of Cardinal Stone like? Is it as friendly/moderate as MorganCapital's?

Ginalex:
CardinalStone have both app and web with live/real time trading data. I use both though. CardinalStone and Morgan capital

Thanks.

KarlTom:
None that I am aware of.

I use the web platform...

Wonderful! I'll try them.

Ginalex:
CardinalStone have both app and web with live/real time trading data. I use both though. CardinalStone and Morgan capital

Ok.

Me4bas:



There's no app that can give you live update that I know of. What most stockbrokers have is web app..

Does MorganCapital have an app now?

KarlTom:
There are several.
I use MorganC for live trading data...

Peeerioood!

gamaliel9:
Finally, my analogue broker paid me my money today. T-3 things. Thank you I sold all my stocks with the firm...now i will attack ACCESS in my new broker...I think, if your broker refuses to TRANSFER your portfolio to another broker of your choice, it is better to sell all your holdings, then, use the money to buy with your broker of choice. Nonsense and ingredients

I beg, please, anyone who has any info that can benefit us, don't hesitate to drop here. That should not be an offence.

Let me lend a voice to this discourse. The 100% or so wage increase is actually a ruse and deception. The category of workers that will benefit that 100 % is infinitesimally small, if there is at all. By the government's consequential adjustment magic, most junior workers will get less than 50%, most middle workers will get less than 30% raise, while most senior workers will get less than 20%. When you juxtapose that with the astronomical increase in goods, food, transport, services, and other parameters of cost living, workers' purchasing power is actually nosediving, and far from increasing. He who wears the shoe knows where it pinches, I challenge anyone to do a finding on workers' living condition; it is worse than pathetic. In fact, I am doing this typing with a heavy heart. So, no one should think the wage thing will positively impact the economy, market, business, or company bottomline. Pls visit:
https://economicconfidential.com/2024/09/minimum-wage-adjustments/

Ginalex:
Mr. Osita, I expect you to understand that the increase in salaries and wages (which most times happens once a year)is nothing compared to how much the prices of goods and services have increased. Heck what you bought for 1 naira today, has more than doubled in a month such that most have resort to buying less quantity for same price compared to what they could afford before. While some others can't even afford even half of what they're used to because despite the so called "increase" in salaries, but in real terms have lesser purchasing power. Same goes for those that their "4m" salary increased to "6m". Their tastes don't even have to change for them to realize that they can no longer easily afford what they're used to.

Same here lo. As i dey refresh Corporate Disclosure, I dey comb this thread.

KarlTom:
I don refresh Corporate Disclosure tire...

Thanks for this at-a-glance breakdown.


[quote author=ositadima1 post=132529263]

Here is a breakdown of the key points:

1. Dangote Refinery has filed a lawsuit against the Nigeria National Petroleum Corporation Limited (NNPC), Matrix Petroleum Services Limited, A. A. Rano Limited, and four other companies.

2. Dangote Refinery is seeking to void the import licenses of these companies, claiming they are importing refined petroleum products that Dangote Refinery is already producing and able to supply.

Did you listen to his first speech, during the tail end of the listing and bell ringing ceremony? He sounded overbearing; some procedural errors he pointed out were better said in camera, and not open public. I believe he does not have that level of price-influencing power he tried to allude to. Aradel does not need such, their track and financial records are just overwhelming.

Streetinvestor2:
That will not work with such company. Thr financials are readily available for all to see.They will be needing investors money in the future so they have a reputation to build and maintain

I think he went a bit overboard and suggestive in his speech.

Sunrisepebble:
In his words: “If you want us to give you the price you require, come close, give us the necessary information, if you don’t give us, we’ll dig for information, the hearsay in the market, we’ll use it to make your price and whatever you see, you take it”

It's only the man whose ears are close to the floor that can hear the footstep of an ant. The man that is dancing does not see his back to know whether he's dancing well or not. The bitterkola said anyone who thinks he's sweet because of the way he's sounding in other people's mouth, should first have a taste of him. They say a long speech is not fit for evening service etc

tiwantiwa:
who else is enjoying that chairman's barrages of proverbs

Kudos!

KarlTom:
Join the Listing Event here:


https://www.youtube.com/watch?v=wiTkprcAvKI

Thanks.

Sunrisepebble:
Trading opens at 2:15

What's happening? I tried to bid for some units of Aradel , to at least be in queue, but the system keeps rejecting it.

Waiting for Q3 result too. It's not until then that one can make a more reliable projection.

Streetinvestor2:
Any reason for this opinion.
My own is end of month based on q3 results

Okay.

Please, what is happening in Geo-fluids? Thanks.

Any has any info about the final decision on Aradel's listing, please?

emmanuelewumi:



When they over deliver? When they keep to their words? They are usually silent operators and dont like to being in the limelight, they prefer their results to do the publicity and they are very humble with their achievements.

Hmmmm. Many thanks.