RabbiDoracle:


Don't mind them. It is NSE system problem. NSE will debit the broker and the broker will debit the customer. If Mendes has withdrawn his money, they will find him and declare him wanted.

Bad belle ooo. Go and hug your pillow. .

mendes911:


Story.

I didn't force the guys that bought at 40k and above. They all thought Milost was coming for UNIC as well. They willingly bought the shares on offer at that price. Am sure NSE will not cancel all the transactions already traded. They only need to go and work on their system.

Very interesting times.

LOL.

Just wait and see.

Make we first dey use your gain dey drink beer before the news comes. When your broker calls you, we will say we are at nkwobi joint.

DeRuggedProf:
https://trwstockbrokers./2018/03/08/trading-anomaly-unic-diversified-holdings-plc/



NIGERIAN STOCK MARKET ANALYSIS
TRW DAILY FUNDAMENTAL AND TECHNICAL ANALYSIS OF THE NIGERIAN STOCK MARKET
TRADING ANOMALY – UNIC DIVERSIFIED HOLDINGS PLC
Posted by TRW STOCKBROKERS LTD on March 8, 2018
Posted in: NIGERIA STOCK MARKET ANALYSIS. Leave a comment



Message from NSE

Dear Dealing Members, Please be informed that we have observed an abnormal behaviour in the price of Unic Diversified Holdings Plc. Currently, it allows input of prices outside the price band for today which is based on the reference price of 19 kobo. As such, the security has been placed on a ‘Suspension’ to ensure market integrity. Further updates will be given in due course, as we progress with further investigations. All inconveniences are regretted. Thank you.

Loool!

So would they reverse all the trades that had gone through?

Yayira:


Now they are talking.. any stock below 0.50k should not lose or add 1 kobo by day..
Truly people wey dey NSE dey sleep. This shouldn’t have happened in the first place.. now some people are stuck there till further notice.

We even appreciate that they came out early to disclose it and suspend trading in the shares.
By the time CP would have located his missing bell, we would have seen a quality mess of BIDS/OFFERS in UNIC with many WOUNDJUREMENTS...

DeRuggedProf:




We even appreciate that they came out early to disclose it and suspend trading in the shares.
By the time CP would have located his missing bell, we would have seen a quality mess of BIDS/OFFERS in UNIC with many WOUNDJUREMENTS...

Hahahahaha

RabbiDoracle:


Just wait and see.

Make we first dey use your gain dey drink beer before the news comes. When your broker calls you, we will say we are at nkwobi joint.

As the trade went through, na so I call Cynthia book her for the weekend.

We are wasting this money. You cannot trade with this profit. It's never done.

I go halla at you once I land for Mobi S. Hope say you no dey railway this weekend.

LOL.

mendes911:


System glitch didn't force a trader to bid for a stock at 47k.

Abi?

It was system glitch that permitted it in the first place. Normally they should not be able to place the order

Yayira:


Now they are talking.. any stock below 0.50k should not lose or add 1 kobo by day..
Truly people wey dey NSE dey sleep. This shouldn’t have happened in the first place.. now some people are stuck there till further notice.

A 48k stock can lose 4k in a trading day........

RabbiDoracle:


It was system glitch that permitted it in the first place. Normally they should not be able to place the order

They saw the prices and with their eyes wide open, bought at those prices. Who's fault is that? Think am through....

RabbiDoracle:


Are you bigger than NSE. Your broker will be debited and they can easily sell your shares to pay for it if you don't pay willingly.

Rabbi, i believe you know that, the person that bought and sold was not done under duress. They both saw the bid and offer price and agreed to make the transactions.

Ucap

- closure : 9 - 15 March

#reminder

fxuser:
Ucap

- closure : 9 - 15 March

#reminder

This one will do full offer today. Guys are not willing to go for the dividend.

mendes911:


As the trade went through, na so I call Cynthia book her for the weekend.

We are wasting this money. You cannot trade with this profit. It's never done.

I go halla at you once I land for Mobi S. Hope say you no dey railway this weekend.

LOL.

No....but no come ask me to pay for my nkwobi ooo because your trades will be voided.

mendes911:


They saw the prices and with their eyes wide open, bought at those prices. Who's fault is that? Think am through....

The system na.

If it works for you guys, then enjoy your loot. Normally such trades should be voided.

Jejebaba:

Rabbi, i believe you know that, the person that bought and sold was not done under duress. They both saw the bid and offer price and agreed to make the transactions.

System issues , followed by super greed....

davide470:
Loool!

So would they reverse all the trades that had gone through?

Mendes knows and that was why he quickly said they should not reverse the trades ooo.

RabbiDoracle:


The system na.

If it works for you guys, then enjoy your loot. Normally such trades should be voided.

Well, I get your point though. That means they will void all UNIC BUY/SELL trades that went through today.

They can do that but it's not right though.

It's like saying they will cancel all trades of Japaul since it went on full bid if it turns out that Milost was never going to inject any funds..... (Information Glitch )

mendes911:


A 48k stock can lose 4k in a trading day........

I think 1kobo rule should mean lose or add 1kobo by day till it gets to last bus stop which is 1kobo. NSE should redefine that their rule again oo

RabbiDoracle:


Mendes knows and that was why he quickly said they should not reverse the trades ooo.

Remember the day shares of Bank PHB was suspended, did they cancel all trades that were executed that day? I no go vomit this profit oooo

mendes911:


Remember the day shares of Bank PHB was suspended, did they cancel all trades that were executed that day? I no go vomit this profit oooo

Yayira:


I think 1kobo rule should mean lose or add 1kobo by day till it gets to last bus stop which is 1kobo. NSE should redefine that their rule again oo

1Kobo rule is that a stock can lose it's nominal value down to 1k (earlier it was 50k).

While gaining/losing it's value, it can only gain/lose a total of 10% daily (5% during pre-trade, 5% during trading), rounded off to the nearest N00.00.

A 48k stock can lose 2k (5% of 48k) during pre-trade) and a subsequest 2K (5% of 46K) during trading, bringing the total to 4k.

big banks
- weak short term posture

RabbiDoracle:


Mendes knows and that was why he quickly said they should not reverse the trades ooo.

Reversal ongoing.

NSE already reversing unic

RabbiDoracle:

Reversal ongoing.

You seem to know too much for a railway staff

Yayira:
I understand NOTHING ! This is cheating to other big stock.. NSE needs to do something. I think all stock below 0.50k should loss or add 1% by day not 10% or else we go drag all those nonsense coys trading above 10 naira down to 0.50k so we can make good money.
Mtchew Divided you can not pay, 10% you can not do in a day. Big for nothing

RabbiDoracle:


Reversal ongoing.

Story.

Am waiting for them. . How will the reversal happen? Cancel all trades done today?

mendes911:


1Kobo rule is that a stock can lose it's nominal value down to 1k (earlier it was 50k).

While gaining/losing it's value, it can only gain/lose a total of 10% daily (5% during pre-trade, 5% during trading), rounded off to the nearest N00.00.

A 48k stock can lose 2k (5% of 48k) during pre-trade) and a subsequest 2K (5% of 46K) during trading, bringing the total to 4k.

I know what exactly the 1k rule means.. I’m saying they should redefine it.. You don’t have a system of 10% or 5% and you expect that rule to work! .. They have to adjust the % too else what happened today would repeat itself.

RabbiDoracle:


Reversal ongoing.

Lol I’m watching live action film menh

rationalmind:


You seem to know too much for a railway staff

He is working as undercover agent.
He is planted there to facilitate teh easy movement of mattresses of money from NSE....

RabbiDoracle:


Reversal ongoing.

If there was a system glitch then that's the right thing to do. Folks should be thankful the reversal is being done same day so that you can have immediate access to your funds and disgorge phantom profits immediately.

Oloro29:
NSE already reversing unic

NSE na cinema today.