B2br, feel among and bigjay. Which do u prefer at current price bearing in mind the price history and ability to command bull? Access,uba or zenith? Am also looking at ubcap, but d price don't want to shift.

Godisfaithful:


What is your email madam?

I will pm u now.
Don't tell hispy though.

mercylicious:

I will pm u now.
Don't tell hispy though.

No way! Pm me via: investmentforum08@gmail.com

Godisfaithful:


No way! Pm me via: investmentforum08@gmail.com

Done

mercylicious:

Done

Response sent . Make sure you bring my tithe and offering...lol

Lots of stock broke their 52 weeks low today.

mercylicious:
Lots of stock broke their 52 weeks low today.

Response sent again!

Godisfaithful:


Okay sir, It shouldn't take more than 3 business days or at least a week if everything is intact and in place. I guess you have to call CSCS once again or go to their office and explain your situation and one can take it from there.

SEC is now involved for Moribund firms. They give the final approval.

davide470:
SEC is now involved for Moribund firms. They give the final approval.

Okay sir. Let's wait for the final verdict then! I think emailing SEC or calling them should help as well!

Godisfaithful:



Sir, this is what i watch out for when taken technical analysis into consideration:

MACD
RSI
CCI
T3-Signal

Note: Technical analysis sometimes don't work with our market!

please I will be very very grateful if u can educate me on how to use d technical analysis ..

Godisfaithful:


Okay sir. Let's wait for the final verdict then! I think emailing SEC or calling them should help as well!

I called the SEC,and I was told they don't deal with individuals. That the SEC only deals with Stockbroking Firms. I think the SEC is just following the 'Nigerian time'!

mercylicious:
B2br, feel among and bigjay. Which do u prefer at current price bearing in mind the price history and ability to command bull? Access,uba or zenith? Am also looking at ubcap, but d price don't want to shift.

UBA! - I believe their African play will help them weather the Nigerian storm. The next 2 months will tell. Then again we have been shocked and awed in the past so ...

It shall be well with Nigeria, the beginning might be difficult but the end by the grace of God will be better than the beginning.

Chibuking81:
It shall be well with Nigeria, the beginning might be difficult but the end by the grace of God will be better than the beginning.

Na only it shall.......we go chop?

First and second quarter might be tougher, but things will improve within the third and the final quarter of the year 2016.

mercylicious:


It is trw-stockbrokers.com reports

Thanks.

mercylicious:

I will pm u now.
Don't tell hispy though.

Mercylicious

Since you have cash, I have investment for you to do outside stock. PM me your email.

Please House i heard walmart opening up branches in lagos..Are they on nigeria stock market...??

Godisfaithful:


Madam Mercy, you are right on your points but the major issue rest on the forex restrictions. Remember, Nigeria banks are so resilient and they know how to bring out something from nothing. I will just advise you to buy into the weakness of those companies when u feel like after your due diligence and sell the strength. The market will not be down forever and earnings report will start rolling it from next month.

In a simple sentence: Buy the weakness and sell the strength should be applicable for now.

myjoy aka buy, buy

EDUECO:
@Godisfaithful,born2berich,lancee,mercylicious and other respected brothers & sisters in this ministry;after mandatory requirements have been meant,how long does it take the SEC(Securities & Exchange Commission) to approve the transfer of stockbroking account from a moribund(dead) stock broking firm to an active one? It is now more than 2 months that I have done everything that I was asked to do, my stockbroking firm(a very reputable one) keeps telling me that the SEC has not given their approval to the CSCS to effect transfer! Thank you.

Well it all depends on both your current broker and the dead broking firm...Let me use my case as example....my former broker was no longer functioning and I had to transfer my shares to a new broker...I knew the best thing was for me to transfer it to a broking firm that has pedigree and repute so I opted for meristem (I already had an account with them)....After providing all necessary details it took nothing less than 2 weeks to get it done....So in summary, make sure your current broker has pedigree and repute.....I don't think your broker is telling you the truth...Go to cscs yourself and find out what exactly happened...

Godisfaithful:



Sir, am sorry to hear about this. Concerning account transfer from one stockbroker to another shouldn't take 24 hours or maximum of 3 business day. For examples, when i want to transfer my account from one stockbroker to Stanbic, it takes maximum of 1 day. I assume it is your old stock-brokering firm that is playing delay tactics. Tell them you will SEC on their behalf, believe me, they will do it as soon as possible. Once again, am very sorry!

Oga myjoy, moving an account from a moribund/dead broking firm to another broker takes more than one day...Your own must be from a viable broking firm to another broker...

mercylicious:
This thread is da bomb.
B2br is the man of the week.

Kudos to all those that made a kill.

I am currently trapped in transcorp, afriprud and fcmb.
I don't even have time these days to set trades, I shld exit my vita foam at 5.30 or 5.35, though na tasere units I get there.

I have plenty idle money now looking for where to invest but am currently blank.
A friend asked me my investment plan this year and till now, I am unable to answer that question.

2016 is likely going to be the worst year for banks. Cot is now zero. Economy is shaking. No money in the polity. Fg, state and lg are broke. Businesses are dying cos of exchange rate. Who do u lend to that won't dafault? Tb rates are 4 to 5%, no fx even to pay for goods that are valid for fx. There is serious reduction in purchasing power. It will affect every sector but some will be hit more. When I talk like this, my friend tells me that it is not for us or believers.

I am just being realistic. I am still in deep thoughts.

Madam mercy, afriprud is a very good stock and I advise you shouldn't worry yourself...My only concern is transcorp and fcmb....Don't expect a good result from transcorp and strategically plan an exit move....As for fcmb, their delayed q3 result is a call for concern...Fcmb is not known for delayed result so I believe that there is something terribly wrong with this stock.

Godisfaithful:


What is your email madam?

Guys dey here since, you no give us investment expo o....You don see woman and ukwu you come dey ask for email address...See your life!

mercylicious:
B2br, feel among and bigjay. Which do u prefer at current price bearing in mind the price history and ability to command bull? Access,uba or zenith? Am also looking at ubcap, but d price don't want to shift.

All are OK but if am to pick, I will choose UBA and zenith.

mercylicious:

I will pm u now.
Don't tell hispy though.

Godisfaithful:


No way! Pm me via: investmentforum08@gmail.com

God is watching both of you...kontinu..

saibuhari:


Mercylicious

Since you have cash, I have investment for you to do outside stock. PM me your email.

Oga, make I pm you too abi na only woman una dey give investment info?

Tritri:
Please House i heard walmart opening up branches in lagos..Are they on nigeria stock market...??

No, there are not on the NSE yet

Born2berich:
No, there are not on the NSE yet

When do you think they might .. Actually i know not much on stock but i think i trust them to bet on them ..what to you think brother?

Accumulate FCMB now and thank me with deep sincerity in two months time or very very much much less...I am not going to say more. when THE MEN IN BLACK want to eat great fruits, they bend the branches, THEY NEVER CLIMB THE TREE...

Born2berich:
Guys dey here since, you no give us investment expo o....You don see woman and ukwu you come dey ask for email address...See your life!

Born2berich:
Guys dey here since, you no give us investment expo o....You don see woman and ukwu you come dey ask for email address...See your life!

Hahahahahahhaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa, lobatan Sir Born. Oya email me...lol. Mercy naa my sister joor