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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11384835 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 6:19pm On May 17, 2019 |
My RSA account will grow. OBAGADAFFI: |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:23pm On May 17, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 6:29pm On May 17, 2019 |
But they will not sell. What will they now share? OBAGADAFFI: |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:29pm On May 17, 2019 |
AkataYeriYeri: If some holders decide to sell, you can get some unit. But nobody can be forced to sell if they don't want to . |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 6:49pm On May 17, 2019 |
Chibuking81:notore is there for u to buy |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:56pm On May 17, 2019 |
rebekah2011: Most IBTC Asset Mgt funds, belongs to Mutual fund holders. They will pay their subscribers proceeds from the profits. |
Re: Nigerian Stock Exchange Market Pick Alerts by nazir: 7:32pm On May 17, 2019 |
I need a good stock broken firm, kindly recommend, thanks. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 7:49pm On May 17, 2019 |
nazir:Locodemy Securities Limited |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:41pm On May 17, 2019 |
Chibuking81:I placed a trade for táṣẹ́rẹ́ unit today but I canceled it for a better stock when I realized it is not our (minority shareholders like me) turn to get it. I pity those that use analog brokers because the next set of people to get will be stockbrokers, which means analog brokers will buy with clients money and later sell for clients after they have made a reasonable profit. I don't like chasing shadow, MTNN is a shadow for now. |
Re: Nigerian Stock Exchange Market Pick Alerts by yungestmoney(m): 8:57pm On May 17, 2019 |
phemmie06:Pls recommend a digital broker |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:59pm On May 17, 2019 |
awesomeJ:But not with any hype, a lot of people don't know about Notorious |
Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 9:02pm On May 17, 2019 |
rebekah2011: OBAGADAFFI: rebekah2011: @ Rebekah, it's the ASSET management not the PENSION management o. So no effect on pension. @OBAGADAFFI, Equity fund, Guaranteed investment fund, ethical fund, aggressive fund, and maybe bond fund. Those are their funds that have equity exposure. Zero effect on MMF. However, one easy way to profit from this MTN rally would be to buy their equity fund. Only issue is you won't be able to cash out before 90 days, erstwhile you forgo 2% of your capital. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 9:05pm On May 17, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 9:08pm On May 17, 2019 |
yungestmoney:Not recommending but here are some Alphabetical order Meristem , Morgan, United capital |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:13pm On May 17, 2019 |
awesomeJ: You're right. MMF has no exposure equity/stocks . Guaranteed investment fund and Balance funds is better. Equity fund exposure is too high. |
Re: Nigerian Stock Exchange Market Pick Alerts by AkataYeriYeri: 9:39pm On May 17, 2019 |
OBAGADAFFI:Okay . I get it . But . How will the price increase if no trading took place ? I mean . If no one sells , and no one buys ? This thing is giving me headache. Lol |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 9:48pm On May 17, 2019 |
@locodemy Sir, abeg dont let your beer sharing days die like that.........You suppose share beer for the 1st ten buyers of mtn for nsempa members |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:00pm On May 17, 2019 |
AkataYeriYeri: "Whenever resources are particularly scarce, demand exceeds supply and prices are driven up. The effect of such a price rise is to discourage demand and conserve resources. The greater the scarcity, the higher the price and the more the resource is rationed". Same theory applies to Stocks |
Re: Nigerian Stock Exchange Market Pick Alerts by walcolm(m): 11:05pm On May 17, 2019 |
AkataYeriYeri: If everybody wants MTN shares and those who have don't sell, the price will be marked up by 10% every trading day until the price is high enough for someone to agree to sell.... If all those who want MTN shares decide they don't want the shares again, the price stops risimg And if those who have decide they want to sell and no one wants to buy, the price falls that's the layman break down of the law of demand and supply 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Horus(m): 11:40pm On May 17, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:53am On May 18, 2019 |
is the party over? last minutes trade yesterday was scary. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:03am On May 18, 2019 |
AkataYeriYeri: Trading took place! MTNN stocks were sold either on the floor or crossed to another broker at the maximum price of the day(hence the 10% rise). Since it is a much sought after stock, people will continue to bid at 10% maximum price so as to get a piece of it. So don't have headache. Shares were sold and the stock was bought albeit at maximum price for the day. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Kagame: 2:16am On May 18, 2019 |
On Stanbic IBTC shareholding in MTN. One thing you might note is that a lot of the shares belong to beneficial owners ~ politically exposed persons and some other HNI who would not want their name appear in print for specific reasons. Osinbajo and some other OGs are shareholders but you don’t see their names appear on that list. You might have also noticed that big men form new companies/investment vehicles just for specific investments. I will detail on this later. Beneficial ownership,nominees and trusts is the way rich OGs roll! 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 2:22am On May 18, 2019 |
First Bank, Zenith Bank, Five Others Grant MTN Nigeria N200bn Loan https://businesspost.ng/2019/05/18/first-bank-zenith-bank-five-others-grant-mtn-nigeria-n200bn-loan/ SAHCO Secures ISAGO Recertification from IATA https://businesspost.ng/2019/05/18/sahco-secures-isago-recertification-from-iata/ 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by AkataYeriYeri: 4:34am On May 18, 2019 |
RabbiDoracle:Thank you! ![]() I completely get it now. |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 5:34am On May 18, 2019 |
Kagame: I tried to buy MTN private equity via Stanbic last year or so, (you would be given a login, like their asset management account etc, there is a special link to it in their asset management site), but one of the rules was being worth over or have 100,000 USD to get in, unfortunately for the broke me I didn't have this. It was actually kinda in plain sight. Lol! |
Re: Nigerian Stock Exchange Market Pick Alerts by Kagame: 8:10am On May 18, 2019 |
GonFreecss1: That was a huge miss! You could have crowd funded $100k with friends, set up a company/investment vehicle and you are good to go. Everyone gets equity commensurate to his USD contribution. 4 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 8:31am On May 18, 2019 |
Kagame: Yep. A very huge one. I actually tried to, but some of my friends that were interested were broke and the ones that were not broke were not interested. Lol, life! Funny thing when this MTN thing was spreading around, some of them started calling me and all. Lol, what a life. By then though I was so pissed because I knew I will never buy at 90 naira, nor any further increase from there. Many more opportunities will come, I hope. 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:22am On May 18, 2019 |
Kagame:What if it's the same people that are selling are the same people buying to keep on pumping the price high, since their daily gain and movement is far greater than the buying and selling commission. And they will only release some to the SEC boss, NSE boss, Stockbroking boss and Interested politicians. 49 deals that I saw yesterday mean that, it was about 49 people they sell to. |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:48am On May 18, 2019 |
This listing of mtn will bring about some number of downward risk to NSE, which we are witnessing already. Most companies MM money will be shifting to mtn thereby reducing their pumping bargaining power in their various stock, FCMB as case study has offloaded sum of their holding to be loaded in mtn, since they have advantage of their CSL stockbroker and they stand chance of getting theirs through cross deal strategy. I would have been a victim of FCMB yesterday dumping, as I reducing some unit of order in mtn, and place it at 1.60 in FCMB junction, and later wanted to shift it to 1.68, but decided to look for other stock leaving 3 unit @ 1.60 which was filled at dying minutes, and the close at #1.55. Even if they return to 1.60+ next week, they have said bye bye to #1.80 for short period. People in transcorp should be careful because am sensing pumping and dumping move, which will likely take place in the new week. The disadvantage of mtn listing, will be in reducing the number of activities in other listed stock, because it's still the same investors that will take part. Many want to be mtn shareholders irrespective of what their EPs and PE will be for now, market will get back to itself maybe by releasing of q2 result period which will be coming up by July, then we will know the mtn strength by their result. Market will remain down for now, except if all the people who are cueing up at mtn entrance decided to come back, which might not be possible by next week. Because as soon as the mtn door become accessible ordinary share holders will troop in, and then after a little while, the law of diminishing return will set in. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Kagame: 10:09am On May 18, 2019 |
Chibuking81: This is a grand conspiracy. ![]() I’d be terrified if that is actually the true state of things re MTN shares. That said, whatever is happening is totally expected when you do listing by introduction for a profit machine like MTN. |
Re: Nigerian Stock Exchange Market Pick Alerts by Kagame: 10:10am On May 18, 2019 |
GonFreecss1: Such is life,win some,lose some. |
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