SonofElElyonRet:


Peter is talking about oando.. make we dey watch as e dey go

PETERICHY and Prophet seems to be loyal to Oando?

Streetinvestor2:
Are u serious, 9 figures or 9 zeros.

Lol,

NGN1,000,000,000.00

Streetinvestor2:
Are u serious, 9 figures or 9 zeros.

@Street investors, don't tell me your portfolio is not smiling at 1B. Lol
I can smell NSEMPA 9 figures portfolio holders from far with my CRYSTALS 🔮 balls. 😢
U want make I list una?
Edit...1B

Streetinvestor2:
He was talking of Brokerage commission only.
Morgan B.commission =.50%
Investment one B. commission = 1.35%

All other changes remain the same for all brokers because it is fixed.Therefore Morgan is cheaper.

At the end investment on buy is close to 2% for buy and sell above 2% ....not good for jijo

Yeah. Morgan is actually cheapest. I thought they were considering the total fee in which it is even still cheaper at total cost of 1.26% to sell and 0.93% to buy.
I guess other brokers will be doing above 2% total fee

Mankind2024:


You are adding other taxes.
From my last purchase, Morgan still charge 0.5% as brokerage commission.
You can negotiate for 0.25% to 0.4% if your portfolio is worth 9 figures.

Not based on portfolio value, but based on transaction value.


An investor with N10 billion portfolio size that wants to buy or sell additional shares worth N5 million can't negotiate for lower charges.


But an investor with a N2 billion portfolio size that wants to buy or sell additional shares worth N1 billion can negotiate for lower charges

emmanuelewumi:




Not based on portfolio value, but based on transaction value.


An investor with N10 billion portfolio size that wants to buy or sell additional shares worth N5 million can't negotiate for lower charges.


But an investor with a N2 billion portfolio size that wants to buy or sell additional shares worth N1 billion can negotiate for lower charges

Everything is based on funds you are bringing in and negotiations , you don’t even need up to 1b , nine figure sums yes , have been on .25% from day one with Morgan

rmx:


Everything is based on funds you are bringing in and negotiations , you don’t even need up to 1b , nine figure sums yes , have been on .25% from day one with Morgan

In 2013, I requested Meristem to adjust my buying fee to 0.5% based on the benchmar @Morgan, they replied that they can only consider if my portfolio worth is N100M, at the time I was struggling to build an investment portfolio of N1m, fast and forward portfolio is smiling @ over a quater NGN Bili.
Just waiting to cross the N0.5B b4 requesting morgan to adjust the current 0.5% to 0.25%.
U will all know once it is granted.
Investing for free is the ultimate.
T212 platform does not charge Nigerian investors for global stock exchanges any commission. I was lucky to have opened an account with them in 2019.
As at today, Nigeria is no longer among the countries they accept.

rmx:


Everything is based on funds you are bringing in and negotiations , you don’t even need up to 1b , nine figure sums yes , have been on .25% from day one with Morgan

True although I'm speaking based on another broker that I use

I'm new to the stock exchange please. I want to ask if I can use many brokerage apps as possible with my unique cscs number?

stockbull:
Nigerian stock exchange market alert,
Daily market report,capitalization,index,cscs,today report.
If you are investor in the Nigeria stock exchange market and you are active investor , follow this thread as I will be posting stocks that would make significant gains and the time limit based on my perspective.
You want to alert your friends,share and bookmark this topic,copy the link below

http://rs.gs/VU8

please read my disclaimer that's effective on any stock pick recommendation you get here
DISCLAIMER
YOU SHOULD CONSULT YOUR TRUSTED INVESTING COUNSELLOR OR YOUR BROKER BEFORE YOU INVEST IN MY RECOMMENDED STOCKS AS YOU KNOW STOCKS RESPOND TO NEWS AND NO ONE CAN PREDICT WHAT WILL HAPPEN TO ANY STOCK IN THE NEXT DAY AND THE FUTURE DECISION OF ANY COMPANY 'S MANAGEMENT

I'm new to the stock exchange. Please all I'm asking is if I can use as many brokerage apps as possible with my unique cscs number?

Do you work with Investment one

emmasoft:


Come over to investment one.
You will get One on One guide on how to navigate the market with respect to your investment objectives.

To open a stock/CSCS account for free click the third link on my signature to register online.

Requirements:

Passport photo

ID Card which can be any of the these: NIN slip, Int'l passport, voters card or drivers license

Utility bill not older than three months

Your signature on a plan sheet.

You are free to reach out to me with my displayed contact.

Apart from Morgan Capital and Atlas what about Stanbic IBTC Stockbrokers and UCAP :Investnow ?

Choiceguy:
[/b]

I am with you on the bold.

Thank you! I appreciate you viewing my opinion contextually sir/ma!

The rewards or regrets of booking of profit is very subjective - on a case-by-case basis.
What is the ratio of the size of one's portfolio to their annual expenses/budget?
What is the age of the portfolio, and even the owner?
What is the ratio of the portfolio size to the annual additional investments that the owner makes?
How does the forward ROI (dividends + price appreciation) compare to the one-time profit?
After booking profit, what next? Wait for a ravaging bear, divest the profit or take care of needs/wants?

A 27year old whose N2m portfolio rises to N5m because of this kind of bull might not consider booking profit if he just got a new job that enables him top up his portfolio by 500k monthly moving forward.
A 59year old whose N170m rises to N400m might book profit because it took 15 years (2008-2023) to re-experience a mad bull. They might not see/experience the next one.

For me, based on my age, size of portfolio, annual expenses, projected size of portfolio (15year plan), alternative investment options, and other factors, the kind of profit that would have worth the fees+taxes together with the stress of waiting for bargain lows never came.

Mankind2024:


In 2013, I requested Meristem to adjust my buying fee to 0.5% based on the benchmar @Morgan, they replied that they can only consider if my portfolio worth is N100M, at the time I was struggling to build an investment portfolio of N1m, fast and forward portfolio is smiling @ over a quater NGN Bili.
Just waiting to cross the N0.5B b4 requesting morgan to adjust the current 0.5% to 0.25%.
U will all know once it is granted.
Investing for free is the ultimate.
T212 platform does not charge Nigerian investors for global stock exchanges any commission. I was lucky to have opened an account with them in 2019.
As at today, Nigeria is no longer among the countries they accept.

Thank you for this information. Do the T212 investors get their shareholding units reflected on the books of the companies they own? I say this because some retail "stockbrokers" have a structure whereby the investors are actually just occupying borrowed stock ownership positions. The more reason why Nigerians need to be careful when "investing" in foreign stocks. With most of those platforms, it is like buying NGX stocks and your name not being registered with CSCS, not to talk of shares appearing in your name. Same way Nigerians in diaspora are usually advised against investing NGX through some online platforms.
Asking for education purpose.

sterlingD:
Apart from Morgan Capital and Atlas what about Stanbic IBTC Stockbrokers and UCAP :Investnow ?

Oga Emma, pls can you tell me more about the charges of ucap and the other broker that gives you loan? I'm interested

Capitas7:


Thank you for this information. Do the T212 investors get their shareholding units reflected on the books of the companies they own? I say this because some retail "stockbrokers" have a structure whereby the investors are actually just occupying borrowed stock ownership positions. The more reason why Nigerians need to be careful when "investing" in foreign stocks. With most of those platforms, it is like buying NGX stocks and your name not being registered with CSCS, not to talk of shares appearing in your name. Same way Nigerians in diaspora are usually advised against investing NGX through some online platforms.
Asking for education purpose.

Yes, you own all your equities on T212 platform.
You are a common shareholder
You also vote in companies AGM thru online participation.
You also earn interest on unused funds
You invest on NYSE ,LSE Germany, France, Netherlands listed equities.
They have 2 types of accounts
Investment and cfd
I registered for only investment account.
They made u to sign an electronic indemnity that you are not a US tax resident.
I fund my account by SWIFT which cost $14 per transaction.

Mankind2024:


Yes, you own all your equities on T212 platform.
You are a common shareholder
You also vote in companies AGM thru online participation.
You also earn interest on unused funds
You invest on NYSE ,LSE Germany, France, Netherlands listed equities.
They have 2 types of accounts
Investment and cfd
I registered for only investment account.
They made u to sign an electronic indemnity that you are not a US tax resident.
I fund my account by SWIFT which cost $14 per transaction.

Thank you for all this information. This must be a really cool platform. Nothing compares to being a "real" shareholder.

Mankind2024:


Yes, you own all your equities on T212 platform.
You are a common shareholder
You also vote in companies AGM thru online participation.
You also earn interest on unused funds
You invest on NYSE ,LSE Germany, France, Netherlands listed equities.
They have 2 types of accounts
Investment and cfd
I registered for only investment account.
They made u to sign an electronic indemnity that you are not a US tax resident.
I fund my account by SWIFT which cost $14 per transaction.

Better start using Gpay to fund your trading ac. It cost nothing except the 0.70% transfer charges by T212 once you exceed total $2000 free tranfer into your trading ac.
If you need further info on steps to use Gpay, check my past comment on US stocks alert thread.

The beginning of a bear market is simply smart money taking profits, then forcing prices down for a a new bargain. Once they hit their target price, they will make their entry and drive the price up again as a Bull market. This cycle will always be repeated as long as the hunger for profits exists. Smart money will always hunt for bargains before earnings. The news is only a camouflage of real intention. Where there is no news, they will surely create one. Smart money buys on the way down, not up. Look for bargains too. EPS will always guide. Buy also at a bargain. Bears favor those with cash. To play with the “big boys” is to have cash to buy when they are buying. Yes, in a bear market. Par example, imagine smart money selling off a stock say at 34.00 and force the price down to say 22.15 so as to buy it back before earnings. It's all about profits. That's how it works. The rest just camouflage.

Happy weekend.

In other news, the ARIMA (Autoregressive Integrated Moving Average) model predicts that Geregu stock will reach a minimum of #730 by Friday, representing an 8% gain. The model also forecasts that Meyer stock will hit a minimum of #9.3 by Friday, representing a 34% gain. We will have to wait and see how accurate these predictions from the ARIMA model end up being.

sophy17:


Better start using Gpay to fund your trading ac. It cost nothing except the 0.70% transfer charges by T212 once you exceed total $2000 free tranfer into your trading ac.
If you need further info on steps to use Gpay, check my past comment on US stocks alert thread.

Thanks for your advice.
I'm aware of all the deposit methods @T212
I do not transfer less than $10K.
$2k was Exceeded in 2019.
Using gpay for 10k usd cost 70$
Paying local bank 14 usd is far cheaper.

ositadima1:

In other news, the ARIMA (Autoregressive Integrated Moving Average) model predicts that Geregu stock will reach a minimum of #730 by Friday, representing an 8% gain. The model also forecasts that Meyer stock will hit a minimum of #9.3 by Friday, representing a 34% gain. We will have to wait and see how accurate these predictions from the ARIMA model end up being.

All I know is ote company go reach 1k highest end of this yr.As others TA dey see bear.The billionaire company dey gain.This what will equally happen with FBN after audited result..You think he is done buying fbn.You think ote will back down on the soul of fbn with its kind asset.Something God has given to him on a plater of gold because of previous bad management.

Wigwe dies

May his soul rest in peace

Agbalowomeri:
Wigwe dies

May his soul rest in peace

RIP Wigwe. Thats wild! probably headed for the superbowl final viewing.. News may be related to this san bernadino news

https://www.nbclosangeles.com/news/local/helicopter-crash-california-nevada-border-san-bernardino-county/3336052/

Agbalowomeri:
Wigwe dies

May his soul rest in peace

Helicopter crash in califonia. Very unfortunate. He didnt wait to see the global brand he was building.

Kai.
Just like that.
This life!
May his soul RIP.

Urgent Appeal to Reconsider Delisting from Nigerian Exchange

Dear Chairman,
The CEO
The Management of
OANDO PLC
I hope this letter finds you well, but more importantly, I hope it finds you with a heart that still resonates with compassion and empathy. It is with a heavy heart and deep concern that I write to you today, 10th February 2024, regarding the imminent decision to delist OANDO from the Nigerian Exchange.

As you navigate this crucial juncture, I implore you to consider the profound suffering of the minority shareholders who have steadfastly stood by OANDO since its inception.
These individuals have invested not just their hard-earned money, but their hopes, dreams, and aspirations in this company. They have sacrificed their life savings, shed sweat, and even blood in the pursuit of OANDO's success.

Yet, their faith has been met with disappointment and despair. For over a decade, dividends have remained elusive, while the share price has been consistently depressed, leaving many shareholders in financial distress. The anguish and hardship faced by these minority shareholders can not be overstated, and it is imperative that their voices be heard and their concerns addressed.

I urge you to remember that there is a higher power who watches over the affairs of mankind. As stewards of OANDO, you bear a solemn responsibility not only to your shareholders but also to the broader community.
Proceeding with the delisting against the wishes and interests of the minority shareholders would not only be morally reprehensible but could also have grave consequences.

By persisting in this course of action, you risk attracting generational curses upon yourself and your unborn descendants. It is a sobering thought, but one that can not be ignored.
Furthermore, I must remind you that the actions of one individual can have far-reaching repercussions.
Your association with PBAT, the president of Nigeria, who is currently embroiled in controversy and accused of detrimental policies for Nigeria, has already resulted in public scrutiny and condemnation.
Proceeding with this selfish delisting would only add deep pain and sorrow to suffering shareholders and investors.
I implore you to heed this plea and reconsider your decision. Do not allow greed and short-sightedness to cloud your judgment. Remember the values of integrity, empathy, and justice that should guide your actions.
By choosing the path of compassion and fairness, you not only honour the trust placed in you by your shareholders but also safeguard your own legacy and well-being.
Please, for the sake of all those who have invested their faith and fortunes in OANDO, do the right thing.
#NO DELISTING OF OANDO PLC.

Yours sincerely
Anonymous investors
Minority Shareholder, OANDO Plc

Agbalowomeri:
Wigwe dies

May his soul rest in peace

What a transient life?
I almost declared a sudden death on Adewale Tinubu in the unedited plea letter.
May Wigwe soul rest In peace.

Africa just lost a Visionary

Herbert Wigwe. If he lived a good life, while alive, may his soul Rest in Peace.

If not ...

What a loss! Wigwe, his wife and two of his sons including Abimbola Ogunbanjo, NGX and Betaglass Plc chairman were on board the chopper that crashed.

https://www.usatoday.com/story/news/nation/2024/02/10/helicopter-crash-nipton-california-near-nevada/72551755007/

https://saharareporters.com/2024/02/10/update-access-holdings-ceo-herbert-wigwes-wife-two-kids-also-dead-us-helicopter-crash

Mankind2024:
Urgent Appeal to Reconsider Delisting from Nigerian Exchange

Dear Chairman,
The CEO
The Management of
OANDO PLC
I hope this letter finds you well, but more importantly, I hope it finds you with a heart that still resonates with compassion and empathy. It is with a heavy heart and deep concern that I write to you today, 10th February 2024, regarding the imminent decision to delist OANDO from the Nigerian Exchange.

As you navigate this crucial juncture, I implore you to consider the profound suffering of the minority shareholders who have steadfastly stood by OANDO since its inception.
These individuals have invested not just their hard-earned money, but their hopes, dreams, and aspirations in this company. They have sacrificed their life savings, shed sweat, and even blood in the pursuit of OANDO's success.

Yet, their faith has been met with disappointment and despair. For over a decade, dividends have remained elusive, while the share price has been consistently depressed, leaving many shareholders in financial distress. The anguish and hardship faced by these minority shareholders can not be overstated, and it is imperative that their voices be heard and their concerns addressed.

I urge you to remember that there is a higher power who watches over the affairs of mankind. As stewards of OANDO, you bear a solemn responsibility not only to your shareholders but also to the broader community.
Proceeding with the delisting against the wishes and interests of the minority shareholders would not only be morally reprehensible but could also have grave consequences.

By persisting in this course of action, you risk attracting generational curses upon yourself and your unborn descendants. It is a sobering thought, but one that can not be ignored.
Furthermore, I must remind you that the actions of one individual can have far-reaching repercussions.
Your association with PBAT, the president of Nigeria, who is currently embroiled in controversy and accused of detrimental policies for Nigeria, has already resulted in public scrutiny and condemnation.
Proceeding with this selfish delisting would only add deep pain and sorrow to suffering shareholders and investors.
I implore you to heed this plea and reconsider your decision. Do not allow greed and short-sightedness to cloud your judgment. Remember the values of integrity, empathy, and justice that should guide your actions.
By choosing the path of compassion and fairness, you not only honour the trust placed in you by your shareholders but also safeguard your own legacy and well-being.
Please, for the sake of all those who have invested their faith and fortunes in OANDO, do the right thing.
#NO DELISTING OF OANDO PLC.

Yours sincerely
Anonymous investors
Minority Shareholder, OANDO Plc

Why anonymous?