emmanuelewumi:



You need Stockbrokers the can give you loan to trade or for personal needs. Instead of selling your shares at a loss you can get a loan which you can use for other Investments or businesses

sellydion:
Sir,
This against my rule no 1, never borrow to trade stocks

Bbbwings:

Seems like wapco will reach 50naira by Friday before your loan is approved

sellydion:
Sir,
This against my rule no 1, never borrow to trade stocks

yMcy56:

Lol. This is just it Oga Toluway.
Calculate 10% on top of the closing price of the bid today, add it to the closing price, should give you the max for the next day.....
Be on your PC by 9.20/9.25, fill in the buy column and just be waiting for the minutes to clock 9.30/9.31am........and submit ....to be among the earliest bidders ......

Profit takers/the fearfuls used to sell earlier, your bid will be filled up....

Same applies to selling.........calculate 10% of closing price and minus from the closing price, place your offer earlier.......

Remember the rules of some stocks with 0.01, 0.05 or 0.10 range mvmt.

For instance:
INTBREW closed @8.90 yesterday, 10% of 8.90 is 0.89, the highest trading % for today would be 8.90+0.85 =9.75.....which you can see in market today.

This early bidding or offer placement has its own advantage and disadvantage as well........pays jijoists mostly.

Ojoboak:


Which other stockbrokers have delivered and could be recommended.

dapix:


Try Meristem Stockbrokers Ltd, they give Margin loans.

courage89:
I'm surprise nobody is talking about Flourmill. It looks like it's about to play catch up with Okomu and Presco, based on their palm oil plantation asset. How high can it go?

Mpeace:
BUA foods is worse, the other shares up to over 99.9% are owned by bua limited, bua industries, Rabui jr and some other persons with Rabui in their name. My question is why do they come to the stock exchange if almost the entire shares are owned by the samr family.

emmanuelewumi:



Poor profit margin and low return on equity.

They need to unbundle the business into about 4 different Businesess in order to unlock value.

1. Sugar
2. Flour Mills and pasta
3. Agriculture and agro processing.
4. Fertilizer

jideflash:
Caverton had a plane crash

OBAGADAFFI:


The was a time FMN was unbundled, it wasn't profitable.

courage89:
I'm surprise nobody is talking about Flourmill. It looks like it's about to play catch up with Okomu and Presco, based on their palm oil plantation asset. How high can it go?

OBAGADAFFI:

Today?

sellydion:
Sir,
This against my rule no 1, never borrow to trade stocks

emmanuelewumi:



They only sold Bagco. FMN needs to be unbundled in order to create value for shareholders

OBAGADAFFI:


https://nairametrics.com/2019/03/08/flour-mills-nigeria-to-merge-five-subsidiaries/

emmanuelewumi:



They need to unbundle the businesess and list them separately, that will make it easier to analyze the company and unlock value

OBAGADAFFI:


But the were separated before, although not listed.

emmanuelewumi:



Who is your Stockbroker? You should be able to get fund in less than 5 working days

emmanuelewumi:



They are not independent, they are subsidiaries. Their accounts are consolidated with that of the group

Slimdove:

Since I send message to my stockbroker for loan according to Oga Emma they stop responding to my messages.when I put call across for other important things the lady called Ifeoma once she hears my voice,she will be shouting hello! hello!! and end the call.she will never pick my call again even when I call back.this is a stockbrokage firm that have been enjoying my commission for more than a decade.Nigeria stockbrokers and their way.that is why many nigerians don't believe in most Nigeria company

Heishere:


That used to be my rule until I discovered it is a yeye rule. I borrowed funds to buy MTN and NAHCO. My money is almost doubled in MTN. Have paid off NAHCO. MTN will be payed off by year end. My brother if you see cheap loan collect. That's how the rich get richer.

emmanuelewumi:
Those who bought Lafarge on 20th April 2022 at about N25 would have made a profit of about 24% in less than 3 weeks. Very possible for a pull back by next week.

emmanuelewumi:
Those who bought Lafarge on 20th April 2022 at about N25 would have made a profit of about 24% in less than 3 weeks. Very possible for a pull back by next week.

Heishere:


That used to be my rule until I discovered it is a yeye rule. I borrowed funds to buy MTN and NAHCO. My money is almost doubled in MTN. Have paid off NAHCO. MTN will be payed off by year end. My brother if you see cheap loan collect. That's how the rich get richer.