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Nigerian Stock Exchange Market Pick Alerts - Investment (5494) - Nairaland 5u2h1y

Nigerian Stock Exchange Market Pick Alerts (13079810 Views)

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Mcy56(f): 10:30am On Mar 31, 2020
GonFreecss1:
Hahahaha! Is this the charge with Morgan that different? What is their exact buy and sell rates sef?
It was posted here some times ago.
Except i search for it or you can search for bigjay01's post on it.
Anyone with the charges can also post pls.
OBAGADAFFI: 10:34am On Mar 31, 2020
GonFreecss1:


Does Invest.ng send dividends to your cash ? Or a bank after submitting e-mandate to your bank?

No, investnow.ng send dividends to my Mandated Bank .
ojeysky(m): 10:35am On Mar 31, 2020
Mcy56:

Thanks.
Meritrade is for big boys, we're just trying to compare brokers with low charges as Morgan. wink

Does Morgan charge less than 1.3% ?
rmx: 10:41am On Mar 31, 2020
Mcy56:

Thanks.
Meritrade is for big boys, we're just trying to compare brokers with low charges as Morgan. wink

Big boys don’t pay the normal charges anywhere , someone gave me that tip on this thread a while back even for Morgan Capital
GonFreecss1: 10:43am On Mar 31, 2020
Mcy56:

It was posted here some times ago.
Except i search for it or you can search for bigjay01's post on it.
Anyone with the charges can also post pls.


Thanks dear. Will do so now. �

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:43am On Mar 31, 2020
It seems some results are out.
Make Dem nah
GonFreecss1: 10:45am On Mar 31, 2020
OBAGADAFFI:


No, Invest.ng send dividends to my Mandated Bank .


My brother! Then they are very different.

Wealth.ng probably operates “a custodian” . Quite different from an individual . That is why that fellow didn’t see the things we thought he should.
bigjay01(m): 10:45am On Mar 31, 2020
RabbiDoracle:


Tony isn't innovative. That is what it means.

I truly respect the management of GTB.


...
and people wonder why there is a certain attached to GTB

6 Likes

Mcy56(f): 10:47am On Mar 31, 2020
Mcy56:
Buyingis 0.875% + SMS charges.
Breakdown:
Broker's Commission: 0.5000%
SEC Fee: 0.3000%
Stamp Duty: 0.0750%
CSCS Alert Charges: N4.20 per SMS .........

Selling charges: 1.175% (0.3% CSCS charges included here)

Here, @GonFreecss1
CC: @ojeysky

2 Likes 1 Share

GonFreecss1: 10:50am On Mar 31, 2020
Mcy56:


Here, @GonFreecss1
CC: @ojeysky

That is why I love you....

*Big Kiss*

1 Like

anjilgreat(f): 10:52am On Mar 31, 2020
Mcy56:

It was posted here some times ago.
Except i search for it or you can search for bigjay01's post on it.
Anyone with the charges can also post pls.


Morgan Capital Total
Buy charge = 0.875%
Sell charge = 1.175%

5 Likes 3 Shares

Mcy56(f): 10:52am On Mar 31, 2020
rmx:
Big boys don’t pay the normal charges anywhere , someone gave me that tip on this thread a while back even for Morgan Capital
Yes, I'm aware you get some discounts cos you're money bags, but comparing the charges even with the discounts makes Morgan still much cheaper. smiley

Chai!! Morgan needs to pay me for adverts o. grin

4 Likes

Paulfroshman: 10:52am On Mar 31, 2020
DeRuggedProf:


If your e-mandate is in place, don't worry, just patiently wait.
Once flight restriction is over, you will get yours..... grin
For now, they are paying those of us who a vulnerable first, later the BILLION GANG who are donating for COVID-19 will have their turn.. grin grin grin

Thanks
seyisanya(m): 10:53am On Mar 31, 2020
locodemy:
Scients are even adding salt to the injuries.
They said on the 27th of April, something strange will happen on the planet Earth.
Shebi one paito said COVIK 1-9 will be gone by March 27th. Abeg, someone should please help me check the calender... grin
Mcy56(f): 10:54am On Mar 31, 2020
anjilgreat:
Morgan Capital Total
Buy charge = 0.875%
Sell charge = 1.175%
Thanks a lot Ma'am.
I was even searching for your post on it too. I ed you corrected me on the selling charges then, which I later edited in my post. cool

1 Like

Paulfroshman: 10:55am On Mar 31, 2020
Mcy56:

You may have to the Registrar.
Did you follow your e-dividend processing thru?
Anyway, not to worry too much cos your dividend will always be there for you to claim, just try and the registrar to know what's up, then do follow up with them.

I was able to process my dividend form. I will do as you've suggested. Thanks for your response

1 Like

seyisanya(m): 10:55am On Mar 31, 2020
OBAGADAFFI:


No, Invest.ng send dividends to my Mandated Bank .

Sir, who does the e-dividend runs for you? I'm asking for someone in diaspora who needs a broker that can help with such.
rmx: 10:58am On Mar 31, 2020
Mcy56:

Yes, I'm aware you get some discounts cos you're money bags, but comparing the charges even with the discounts makes Morgan still much cheaper. smiley

Chai!! Morgan needs to pay me for adverts o. grin


But why not make a good thing better if you can get more discount wink
ojeysky(m): 10:58am On Mar 31, 2020
Mcy56:


Buyingis 0.875% + SMS charges.
Breakdown:
Broker's Commission: 0.5000%
SEC Fee: 0.3000%
Stamp Duty: 0.0750%
CSCS Alert Charges: N4.20 per SMS .........

Selling charges: 1.175% (0.3% CSCS charges included here)

Unless there is some hidden charges am yet to find out with meritrade, I think the cumulative charge of 1.3% of meritrade is still better
Mcy56(f): 11:03am On Mar 31, 2020
ojeysky:

Unless there is some hidden charges am yet to find out with meritrade, I think the cumulative charge of 1.3% of meritrade is still better
All the best. grin
OBAGADAFFI: 11:05am On Mar 31, 2020
seyisanya:
Sir, who does the e-dividend runs for you? I'm asking for someone in diaspora who needs a broker that can help with such.

My brokers. They Charge for it.
Mcy56(f): 11:06am On Mar 31, 2020
rmx:
But why not make a good thing better if you can get more discount wink
The discount is meant for ready-made like you, not for some of us still growing.
We will consider them when we grow up and be like you. For now, low charges is bae. grin
IYGEAL(m): 11:09am On Mar 31, 2020
ojeysky:


Unless there is some hidden charges am yet to find out with meritrade, I think the cumulative charge of 1.3% of meritrade is still better

What do you mean by cumulative charge? Sell and Buy charges are different and the number posted above from Morgan Capital is cumulative for either of the trades - that is - Sell/Buy - which includes VAT charges, CSCS, etc.
OBAGADAFFI: 11:12am On Mar 31, 2020
GonFreecss1:


My brother! Then they are very different.

Wealth.ng probably operates “a custodian” . Quite different from an individual . That is why that fellow didn’t see the things we thought he should.

That is wrong.

He should the company (Sankore investment) and demand for individual with proper CSCS number.
ojeysky(m): 11:14am On Mar 31, 2020
IYGEAL:


What do you mean by cumulative charge? Sell and Buy charges are different and the number posted above from Morgan Capital is cumulative for either of the trades - that is - Sell/Buy - which includes VAT charges, CSCS, etc.

Thanks for the enlightenment
GonFreecss1: 11:18am On Mar 31, 2020
OBAGADAFFI:


That is wrong.

He should the company (Sankore investment) and demand for individual with proper CSCS number.




Yep! He will need a bank too. That is why their dividends are paid to their . It’s not in their name.
ebuka1997: 11:26am On Mar 31, 2020
seyisanya:
Averaging down is the way, sir, if the fund is available. Nothing is wrong with the coy's fundamentals! I bought GTB at N28 but now my breakeven price is very close to the current market price.

Thanks but at least you received dividend from that no word yet from wapco...
seyisanya(m): 11:33am On Mar 31, 2020
OBAGADAFFI:


My brokers. They Charge for it.
Sweet tongue tongue tongue
DexterousOne(m): 11:37am On Mar 31, 2020
RabbiDoracle:


Tony isn't innovative. That is what it means.

I truly respect the management of GTB.


Exactly
DexterousOne(m): 11:38am On Mar 31, 2020
anjilgreat:


Morgan Capital Total
Buy charge = 0.875%
Sell charge = 1.175%

It seems they are cheaper than meritrade
OBAGADAFFI: 11:41am On Mar 31, 2020
GLAXO SMITHKLINE and NEIMETH on full-bid

1 Like

OBAGADAFFI: 11:43am On Mar 31, 2020
MAY & BAKER on the move

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