DANGOTE FLOUR TO SEE NEW 52 WEEKS HIGH TOMORROW.
COME SEE GEAR 5 IN ACTION
GOOD LUCK TO HOLDERS
INSTRUMENT DETAILS Sector: AGRICULTURE Last Price: 5.11 Today's Change: 0.24 (4.93%) Today High/Low: 5.11 / 5.11 Best Ask/Bid: 0.00 ( 0 ) / 5 ( 50,000 ) 52 Week High/Low: 5.20 / 3.38 Volume Traded: 14,326,383 Ask/Bid Depth: 0 / 50,500 Last Trade: 5.11 ( 10,000 ) Volume Weighted Average Price: 5.11

Intendy:
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)

Jazz Bank It's going to be "an all 52week highs". Hold my glass, i've got to do something about that.

Am suspecting morgan capital, is like they shut down their system and deny their customer gaining access to their account in order to use peoples money to buy some stocks for themselves and sell within one or two days and make some profit for themselves during this massive bull, thereby deny people opportunity to use their fund and to make profit on their own.

This is not problem from NSE, because if it's one can still view his account and see his/her balance, but this time one can not login, see or view his/her account, meaning that their customers were totally locked out from their platform.

It's a delebrate act, that need to be address, why their system don't usually go off during the bear, truly it's suspicious
If their system failure continue by tomorrow, that means am not far from the truth.

Will they pay for opportunies their customers misses today?
If they fail again by tomorrow, I will not have any other option than to withdraw my traped cash with them and the moment the current bull go on break to drink water before it continue again, I will sell all my stocks with them and
go 100% to CSL stockbrokers.

holm:


Jazz Bank It's going to be "an all 52week highs". Hold my glass, i've got to do something about that.

What sayest thou?
Pls repeat and clarify

locodemy:


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.

What is price tag and how do you tag the price ? .

Chibuking81:
Am suspecting morgan capital, is like they shut down their system and deny their customer gaining access to their account in order to use peoples money to buy some stocks for themselves and sell within one or two days and make some profit for themselves during this massive bull, thereby deny people opportunity to use their fund and to make profit on their own. This is not problem from NSE because if it's one can still view his account and see his balance, but this one we their customers were totally locked out from their platform.
If their system failure continue by tomorrow, that means am not far from the truth.
Will they pay for opportunies their customers misses today?
If they fail again by tomorrow, I will not have any other option than to withdraw my traped cash with them and the moment the current bull go on break to drink water before it continue again, I will sell all my stocks with them and
go 100% to CSL stockbrokers.

Beg to disagree to some extent. Their is CSCS alert to inform investor of sold stocks. MC cannot be that naive, the repercussion/penalty for this offence is too grave for a stockbroking firm, and I doubt if MC will want to go through this. Think it is just a technical glitch as usual.

kolaish:
Beg to disagree to some extent. Their is CSCS alert to inform investor of sold stocks. MC cannot be that naive, the repercussion/penalty for this offence is too grave for a stockbroking firm, and I doubt if MC will want to go through this. Think it is just a technical glitch as usual.

I don't mean to sell your already bought stocks, but to use their customers millions of unused cash with them, which their customers intended to use today or did you receive CSCS alert everyday on your cash balance with your broker?.

ihedioramma:
What is price tag and how do you tag the price ? .

For instance,if i want to buy fcmb tomorrow,i will first check the last trade price.Today fcmb closed at 1.32.If fcmb has to gain 10% tomorrow,it means it will be trading at 1.45 tomorrow.To use price tag to buy,i will place the order at 1.38 instead of allowing my broker to buy at the highest price.

The disadvantage of using price tag to buy stocks is that you may end up not getting the stock.if you have a wicked broker,he will use your money to trade and tell you the stock is not available in the market.This time is not good to buy stocks with tag.it is only good during the bears.

Ihedi dont tell me you dont know this oooooooooo..........old broker like you dey ask this kind question.....

Well thats the answer bro.

kolaish:
Beg to disagree to some extent. Their is CSCS alert to inform investor of sold stocks. MC cannot be that naive, the repercussion/penalty for this offence is too grave for a stockbroking firm, and I doubt if MC will want to go through this. Think it is just a technical glitch as usual.

If you talk of SELL what of BUY?This is even the best time Morgan will use clients money to buy their's especially when you filled in orders with a price tag even without tag,they will tell you they couldnt get it.Who will you report to when you self know that most stocks are on bid now.

Bro leave matter o,just pray make they resolve the issue.They must have a favouring purpose of doing that.Maybe they did it because of one client who brought multiples of millions to buy stocks and they want to get their own share first.

Chibuking81:


I don't mean to sell your already bought stocks, but to use their customers millions of unused cash with them, which their customers intended to use today or did you receive CSCS alert everyday on your cash balance with your broker?.

Trust is key. Learning to trust Morgan is not rocket science. Say it that you do not trust them and we will be fine. Please do not come and allude what you cannot substantiate here Sir.

This market is well regulated Morgan can not use your funds to trade.

jarkbauer:
This market is well regulated Morgan can not use your funds to trade.

Ptcheeeeew!(sigh)
Keep silent joor!

[quote author=kolaish post=57321118]Beg to disagree to some extent. Their is CSCS alert to inform investor of sold stocks. MC cannot be that naive, the repercussion/penalty for this offence is too grave for a stockbroking firm, and I doubt if MC will want to go through this. Think it is just a technical glitch as usual.[/quxote]

True. They can't do that.

locodemy:


If you talk of SELL what of BUY?This is even the best time Morgan will use clients money to buy their's especially when you filled in orders with a price tag even without tag,they will tell you they couldnt get it.Who will you report to when you self know that most stocks are on bid now.

Bro leave matter o,just pray make they resolve the issue.They must have a favouring purpose of doing that.Maybe they did it because of one client who brought multiples of millions to buy stocks and they want to get their own share first.

I actually sold my portfolio and took my fund last months. so i refused to comment on this thread . But Just yesterday i transferred large sum to Morgan and today it a new issue error. I dont want to say it my fund.but i hope they fix there stuff tomorrow...Also hope it not too late to jump into the market..?

[quote author=bestidafa post=57322015][/quote]

But they have done it today to answer innocent the rest of the year.
one thing you should know is that you will keep on seeing this type of disconnections once or twice in a year.
Yes the market is well regulated and corruption also abound in a transparents things.

locodemy:


Ptcheeeeew!(sigh)
Keep silent joor!

It is not possible for them to use your funds.

Tritri:



I actually sold my portfolio and took my fund last months. so i refused to comment on this thread . But Just yesterday i transferred large sum to Morgan and today it a new issue error. I dont want to say it my fund.but i hope they fix there stuff tomorrow...Also hope it not too late to jump into the market..?

Oh! chai my BIG brother Tritri.
Na you be that big client i am talking about naw!
Well na only today they stop you but cant stop you tomorrow.
Millions speaking here.

locodemy:


Oh! chai my BIG brother Tritri.
Na you be that big client i am talking about naw!
Well na only today they stop you but cant stop you tomorrow.
Millions speaking here.

Am just getting my confidence back. but still scared to trade as been worried of imminent reversal back to last year price...

Tritri:



Am just getting my confidence back. but still scared to trade as been worried of imminent reversal back to last year price...

No,dont think negative.
If south Africans are to suffer what we suffered @recession,know that people will start now to move out money from JSE to NSE.
Our 2017 budget has a pot of soup to drop too.
We are now eating just the crunchies of the one CBN dropped for us in the latest policy.

Are you seeing May baker?

Can I know the stocks you are eyeing bro.........

locodemy:


No,dont think negative.
If south Africans are to suffer what we suffered @recession,know that people will start now to move out money from JSE to NSE.
Our 2017 budget has a pot of soup to drop too.
We are now eating just the crunchies of the one CBN dropped for us in the latest policy.

Are you seeing May baker?

Most stock are on bids now.

Tritri:


Most stock are on bids now.

Yes but which ones are your target?

Tritri:



Am just getting my confidence back. but still scared to trade as been worried of imminent reversal back to last year price...

There would be a reversal but not imminent anytime soon. Just trade with caution and don't be carried away by buying what's not part of your plan. The market still has a long way to go and many opportunities awaiting...

All the best sir!

morgan cannot be trusted.rem last year when they were suspended,i went to their office to transfer my acc to my manual stb.they collectd all doc,signd and told me it has been done.after 2wks my other stb keeps telling me it has nt been transfd.i went 2 their office again, this same guy told me face2face that it has been done,then i asked for proof he said their system was down.i left and was watching,3days latter morgan called to say"we are back to business do you still want to transfer your acct?"if not for one thing i for bite somebody that day!

Godisfaithful:


There would be a reversal but not imminent anytime soon. Just trade with caution and don't be carried away by buying what's not part of your plan. The market still has a long way to go and many opportunities awaiting...

All the best sir!

Gracia.

2zona:
pls sir do you know the buy and sell commissions for transactions on meritrade

1.82 and 2.2, i may not be very precise but its roughly 4% for both buy and sell added up

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....

where have u been since? U used to contribute on smn

Godisfaithful:


There would be a reversal but not imminent anytime soon. Just trade with caution and don't be carried away by buying what's not part of your plan. The market still has a long way to go and many opportunities awaiting...

All the best sir!

immenient reversal not anytime soon is understatement.
Do you know what not anytime soon means to loco's portfolio?

yom2:
1.82 and 2.2, i may not be very precise but its roughly 4% for both buy and sell added up

Wao, no wonder Morgan do mess up occasionally cos dey held many pple captive with dia low commission. Tanks bro

kolaish:
Beg to disagree to some extent. Their is CSCS alert to inform investor of sold stocks. MC cannot be that naive, the repercussion/penalty for this offence is too grave for a stockbroking firm, and I doubt if MC will want to go through this. Think it is just a technical glitch as usual.

Which dirty alert. CSCS has been charging me fee for alert which I was getting before but suddenly stopped..I have complained severally to my broker but nothing has been done since then.

To those defending brokers like cheap-ass- dirty- stinking wig lawyer, I pity you. Never stick out your neck for any of them. The short cuts and sharp practices they do with clients money cannot make me vouch for them.

For those not satisfied with Morgan, you can move to TRW Stockbrokers they have good customer relations and friendly charges...

Chibuking81:
Am suspecting morgan capital, is like they shut down their system and deny their customer gaining access to their account in order to use peoples money to buy some stocks for themselves and sell within one or two days and make some profit for themselves during this massive bull, thereby deny people opportunity to use their fund and to make profit on their own.

This is not problem from NSE, because if it's one can still view his account and see his/her balance, but this time one can not login, see or view his/her account, meaning that their customers were totally locked out from their platform.

It's a delebrate act, that need to be address, why their system don't usually go off during the bear, truly it's suspicious
If their system failure continue by tomorrow, that means am not far from the truth.

Will they pay for opportunies their customers misses today?
If they fail again by tomorrow, I will not have any other option than to withdraw my traped cash with them and the moment the current bull go on break to drink water before it continue again, I will sell all my stocks with them and
go 100% to CSL stockbrokers.

You may not be far from the truth. It is getting too much for Morgan. Those that are complaining should forward their complaints to SEC (sec@sec.gov.ng). If they receive multiple emails about this issue they will definitely look into it.

locodemy:


For instance,if i want to buy fcmb tomorrow,i will first check the last trade price.Today fcmb closed at 1.32.If fcmb has to gain 10% tomorrow,it means it will be trading at 1.45 tomorrow.To use price tag to buy,i will place the order at 1.38 instead of allowing my broker to buy at the highest price.

The disadvantage of using price tag to buy stocks is that you may end up not getting the stock.if you have a wicked broker,he will use your money to trade and tell you the stock is not available in the market.This time is not good to buy stocks with tag.it is only good during the bears.

Ihedi dont tell me you dont know this oooooooooo..........old broker like you dey ask this kind question.....

Well thats the answer bro.

Which wan is price tag again? Price Limit, you mean.

I don vex buy into Diamond Bank, Sterling Bank and Skye Bank ....I taya sef

veecovee:
my goodness! diamonddddddddddd