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Nigerian Stock Exchange Market Pick Alerts - Investment (2362) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:02pm On Jun 08, 2017
@binaflexia, God bless you, I've being able to do it
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:06pm On Jun 08, 2017
Morgan capital. Funny pple. They do this when you need them the most. Then you send your mandate they execute at very ridiculous price. I will be surprised to hear that they don't gain from their so called glitches.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:09pm On Jun 08, 2017
Mpeace:
Morgan capital. Funny pple. They do this when you need them the most. Then you send your mandate they execute at very ridiculous price. I will be surprised to hear that they don't gain from their so called glitches.


I think they did this intentionally ..this is not the first time .

Imagine , not at this time

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:10pm On Jun 08, 2017
Pls can some update me the current price of Fbnh I beg
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 1:14pm On Jun 08, 2017
lancee:



I think they did this intentionally ..this is not the first time .

Imagine , not at this time

Brother mi, there are more better and best stockbrokers out there than Morgan. Forget about their commission, quality services and vibrant customer service is far from reachable when it comes to Morgan cool

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 1:18pm On Jun 08, 2017
Mpeace:
Morgan capital. Funny pple. They do this when you need them the most. Then you send your mandate they execute at very ridiculous price. I will be surprised to hear that they don't gain from their so called glitches.
Personally, I have taken morgan's platform running down at this moment in good faith. The last time morgan platform went down, I was initially annoyed with them, but sincerely, they saved me some hundreds of thousand because I would have bought/sold wrongfully as my position was better off than when they were down.

Will see if the same scenario will repeat itself.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 1:23pm On Jun 08, 2017
Mpeace:
Morgan capital. Funny pple. They do this when you need them the most. Then you send your mandate they execute at very ridiculous price. I will be surprised to hear that they don't gain from their so called glitches.
pls how exactly do they gain when their platform is down and clients can not trade for them to earn their commission. cos am thinking they should be loosing a lot of money each time their platform is down. pls tell me more of what i dont know.

8 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:41pm On Jun 08, 2017
2zona:
pls how exactly do they gain when their platform is down and clients can not trade for them to earn their commission. cos am thinking they should be loosing a lot of money each time their platform is down. pls tell me more of what i dont know.

I tire o. Conspiracy theories everywhere grin cheesy grin

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 1:41pm On Jun 08, 2017
binaflexia:


I'm a morgan customer. And I'm not going anywhere in the foreseeable future.
The images I posted are from Meritrade. You don't have to login to view those data, unlike morgan.
I quoted you with the link before. Maybe you did not open it.
pls sir do you know the buy and sell commissions for transactions on meritrade
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 1:43pm On Jun 08, 2017
pls house.......... i cant open this site:https://itrade.morgancapitalgroup.com. what is the problem?
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 1:48pm On Jun 08, 2017
2zona:
pls how exactly do they gain when their platform is down and clients can not trade for them to earn their commission. cos am thinking they should be loosing a lot of money each time their platform is down. pls tell me more of what i dont know.
They are licenced to trade on the floor of the exchange, we are not.
Meaning they could physically execute deals even without transacting on their platform, reason why they ask you to place your orders via email at times like this.

Question is, when it was all bears all these past months, why weren't there any "glitches"

When it is not Morgan joking with innocent people's investments, it is Meritrade. Meritrade had this same problem some days back.
I have holdings in both Morgan and Meritrade, but of what use is a platform with your investible funds having so called glitches?
It doesn't matter where one goes, unfortunately, they are all the same.
God have mercy on them!
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 1:49pm On Jun 08, 2017
Manonamission:


I tire o. Conspiracy theories everywhere grin cheesy grin

They can gain. However I doubt if morgan is paying the in between game?

Technical glitch can happen sometimes not all the time.
Re: Nigerian Stock Exchange Market Pick Alerts by binaflexia: 1:50pm On Jun 08, 2017
veecovee:
@binaflexia, pls remember to drop a guideline, step by step, how I can be viewing bid, offer from meritrade

Sorry bruv. I just step out briefly.

See the link here https://www.meritrade.com/marketOverview

Just scroll and look for the ticker symbol you wish to view and the live data will be display below.

Let me know if you're not clear.
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:55pm On Jun 08, 2017
binaflexia:


Sorry bruv. I just step out briefly.

See the link here https://www.meritrade.com/marketOverview

Just scroll and look for the ticker symbol you wish to view and the live data will be display below.

Let me know if you're not clear.


yes I've being able to do it. More blessings

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:57pm On Jun 08, 2017
morgan sent me a message to place my trade through info@morgancapitalgroup.com that they will execute for me!my body they shake!maybe they are waiting for me with the cutlass.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by binaflexia: 1:59pm On Jun 08, 2017
2zona:
pls sir do you know the buy and sell commissions for transactions on meritrade

No sir.

I use only morgan. They have the lowest in the market.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:24pm On Jun 08, 2017
Nawaoooo. ....all stocks on full bid.....nobody wants to SELL?
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:36pm On Jun 08, 2017
ukay2:
Nawaoooo. ....all stocks on full bid.....nobody wants to SELL?

Somehow it shows it's mostly Morgan's capital clients that now controls the market,

if in doubt wait let them open the floodgate 2moro come and see mass exodus grin
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:42pm On Jun 08, 2017
PETERiCHY:


Somehow it shows it's mostly Morgan's capital clients that now controls the market,

if in doubt wait let them open the floodgate 2moro come and see mass exodus grin

Na only sellers dem get... grin?

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Bianco1: 2:42pm On Jun 08, 2017
PETERiCHY:


Somehow it shows it's mostly Morgan's capital clients that now controls the market,

if in doubt wait let them open the floodgate 2moro come and see mass exodus grin


May be that's why the glitch by NSE probably to confirm your assertion?
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:46pm On Jun 08, 2017
If this is true......Grand Papa of all BULLS will show next week as South Africa Economy goes into imminent Recession. ....many investors are jumping out of JSE into NSE.....please tighten your seat belt for the ride next week. .....Until I make 100%, I no go think of selling any equity....

We are making MORE MONEY this year....

I thank God I discovered this forum some years ago....

12 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 2:53pm On Jun 08, 2017
PETERiCHY:


Somehow it shows it's mostly Morgan's capital clients that now controls the market,

if in doubt wait let them open the floodgate 2moro come and see mass exodus grin
i totally disagree with u on dis...i promise u if morgan cums up u will witness d real bid,we will know by 2morrow.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:25pm On Jun 08, 2017
PETERiCHY:
All the funds lost in OANDO 2014/2015, I have conveniently recovered with compound interest from TRANSCORP/FIDELITYBK/DIAMONDBK & DANGFLOUR.

Though still patiently waiting for that dubious Wale's OANDO coy @t it real valuation of N2:49k.

*ThE OcToPuS*
So you bought in may and tell people to sell in may and come back in oct, ? . Every body bewere of this person, is not investor e.t.c just playing here .

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:28pm On Jun 08, 2017
Please what is the share capital of Dangote flour
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:35pm On Jun 08, 2017
ukay2:
If this is true......Grand Papa of all BULLS will show next week as South Africa Economy goes into imminent Recession. ....many investors are jumping out of JSE into NSE.....please tighten your seat belt for the ride next week. .....Until I make 100%, I no go think of selling any equity....

We are making MORE MONEY this year....

I thank God I discovered this forum some years ago....

Why are people panicking when there are so many positive news sorrounding Nigerian economy nowadays?

Why are Nigerians creating opportunities for foreign investors thru panic selling?

South Africans and other people depending on South Africa economy will be in rush to pick cheap stocks @NSE now.

World bank forecast two or three days ago about growth of 1+% in Nigeria economy by year end.


With all these news and more to come,i have decided to leave fcmb at nothing less than 500%.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:41pm On Jun 08, 2017
Nigeria’s equity market on Wednesday resisted further decline as investors repositioning increased to retrace up from the previous day pullback on a high volume of trades as revealed by volume index of 1.14 with a buying position of 100%, while selling volume was 0% of the day’s total transactions.

This up and down movement in the market is normal in any recovering market, but the investing public should understand how to invest in different market cycles, as well as know characteristics of the bear and bull market at any time to successfully manage risk and invest profitably.

Despite the oscillating price of oil in the international market, Nigeria’s improving daily production output is a plus for its economy as this will boost government revenue to fund the budget, despite the delay in signing of the 2017 Appropriation Bill into law. With some companies releasing their closed period for the anticipated earnings reports, it is a pointer that as from next week when inflation figures are likely to be released, the scorecards of companies with March year-end would start rolling in to support market fundamentals, especially if the numbers are positive and beat market estimates.

Meanwhile, the benchmark index for the day gained 486.34 basis points to close at 32,686.72, after opening at 32,200.38 points, representing a 1.51% growth on a bullish sentiment and high volume traded, but it was lower when compared to previous day’s transaction level. Similarly, market capitalisation rose N168.13 billion to close at N11.30 trillion, from an opening value of N11.13 trillion, representing a 1.51% appreciation in value.

The upturn in share prices of Dangote Cement, International Breweries, Forte Oil, Seplat, 7UP, Total, UBA, Flourmills, Access Bank and Oando impacted the All-Share index positively to boost the year-to-date return to 21.63%, while market capitalisation for same period stood at N2.26tr, representing a 22.20% appreciation above the year’s opening value.

Market breadth for Wednesday was flat and weak as the number of decliners outpaced advancers in the ratio of 26:27 on high volume of trade to reverse the down market.

Market activities in terms of volume and value were down by 33.00% and 37.57% respectively to 499.11m shares from previous day’s 744.99m shares and N4.07bn, compared to previous day’s N6.52bn. Transactions in the shares of FBNH, UBA, DIAMOND BANK, FIDELITY BANK and ACCESS BANK topped the volume chart to close the day’s trade.

At the end of the trading session also, International Breweries topped the advancers’ log with its share price gaining 10.22% to close at N26.58per share, on its proposed merger with two other subsidiaries of its parent company- SABMiller, as well as its expected full year earnings report. It was followed by Forte Oil with a 10.20% gain to close at N52.92 per share on the back of the interface of market forces.

On the flipside, FBNH led the decliners’ log, dropping 9.75% to close at N6.40 also on profit taking; while UBN followed with 5% to close at N5.78 each on profit taking.

As market opens this morning, expect mixed action of profit taking and repositioning in value stocks to continue, which means investors should not panic if they take position based on strong numbers and future prospects of any stock.

Again, we advise that investors allow numbers to guide their decisions to reposition for the rest of the year’s trading activities, especially now that prices of stocks are looking up ahead of recovery economic fundamentals, if the numbers will support the price reversal or continuation.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:42pm On Jun 08, 2017
stokfrick:
morgan capital has disappointed me! y must it be today?
its jst a matter of time angry
That is why is good to be in the market(investor) not to jump like dog(jijo) .

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 3:45pm On Jun 08, 2017
2zona:
pls how exactly do they gain when their platform is down and clients can not trade for them to earn their commission. cos am thinking they should be loosing a lot of money each time their platform is down. pls tell me more of what i dont know.
When you place an otder through a broker, he would buy at his own rate and most times the broker dumps on you eg when there is a sudden shift from bull to bear (as we are experiencing now)the broker who has no buyer would just dump his units on you at a high rate. When you buy your self, you buy at ur rate which would be determined by what you see in the market.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:47pm On Jun 08, 2017
ihedioramma:
That is why is good to be in the market(investor) not to jump like dog(jijo) .

No,first ask him if he wanted to sell or buy........

If na sell,just tell him to bring it out tomorrow,we are ready to swallow his offer and look for other food to eat kwa........
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:50pm On Jun 08, 2017
stock with new 52 week lows
jaiz bank #0.81k
stocks with new 52 week highs
international breweries #29/24k
m & b #2.59k
access bank #10.27k
transcorp hotel #5.67k
presco #59.53k
okomu #60.63k
Uba #8.84k
first aluminum #0.52k
dangote sugar #9.30k
flour mills #28.80k
nasd PLC #1.96 (nasd listed)
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:52pm On Jun 08, 2017
Mpeace:
When you place an otder through a broker, he would buy at his own rate and most times the broker dumps on you eg when there is a sudden shift from bull to bear (as we are experiencing now)the broker who has no buyer would just dump his units on you at a high rate. When you buy your self, you buy at ur rate which would be determined by what you see in the market.

It is still the same thing,the difference is you have online access to see what is happening while you dont have an access.The access you have is the broker trading for you.What you need to do is to apply price tag.Your broker cant go contrary to your instructions.

Well,it is for the old baba's who dont know what the market is even saying.They dont know what is price tag.
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:55pm On Jun 08, 2017
grin
locodemy:


No,first ask him if he wanted to sell or buy........

If na sell,just tell him to bring it out tomorrow,we are ready to swallow his offer and look for other food to eat kwa........
grin grin
locodemy:


No,first ask him if he wanted to sell or buy........

If na sell,just tell him to bring it out tomorrow,we are ready to swallow his offer and look for other food to eat kwa........
grin grin grin

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