currentprice:
mkt currently trading @ -3.30%, index never lose that much before that yesterday shadow bull

chai! look like those rushing into the mkt yesterday got trap

cc chiboking

My currently,
I wonder where u got this ur Information from.
...'course what am currently seen is just a minor 0.80% index loss from yesterdays close. (hint: look thru ur trading platform)
remember that most stocks opened at approx 5% higher than yesterdays close. ...and when u give consideration to that, u will find out that the market is in fact actually gaining right now. (when compared to yesterdays close)
...so maybe u didn't give a recourse for proper discounting.

I believe that most stocks may still gain from previous close or for the most part, they will close flat.

Cheers.

wanaj0:
Check the Stanbic IBTC trade today.

Something is cooking

you are correct sir, what do you think is cooking?

currentprice:
mkt currently trading @ -3.30%, index never lose that much before that yesterday shadow bull

chai! look like those rushing into the mkt yesterday got trap

cc chiboking

Market lost about 1% yesterday, and currently losing less than 1%

wanaj0:
Check the Stanbic IBTC trade today.

Something is cooking

This is to inform The Nigerian Stock Exchange that Stanbic Africa Holdings Limited (a wholly owned subsidiary of Standard Bank Group Limited) and parent company of Stanbic IBTC Holdings PLC (“Stanbic IBTC”), has recently acquired an additional 1,141,191,943 (one billion, one hundred and forty one million, one hundred and ninety one thousand, nine hundred and forty three) ordinary shares in Stanbic IBTC Holdings PLC in an “Off-Market” transaction.
With this acquisition, the total percentage shareholding of Stanbic Africa Holdings Limited in Stanbic IBTC has increased by 11.35% from 53.09% to 64.44% post this transaction.
The above is for information purposes only.

currentprice:


you are correct sir, what do you think is cooking?

Core investor increasing it's stake.

onegentleguy:


My currently,
I wonder where u got this ur Information from.
...'course what am currently seen is just a minor 0.80% index loss from yesterdays close. (hint: look thru ur trading platform)
remember that most stocks opened at approx 5% higher than yesterdays close.
...so perhaps u didn't give recourse for a proper discount.

I believe that most stocks may still gain from previous close or for the most part, they will close flat.

Cheers.

i think the link doesn't take bold into consideration. let me check the bloomberg

gloriousdawn:


You are safe, so far you are ready for a long distance trip.
19 hours, from Singapore to New York, No stop.

...Starting from October...

currentprice:


i think the link doesn't take bold into consideration. let me check the bloomberg

Open ur eyes and look well my dear before u miss any opportunity !!
...The market is actually gaining when compared to yesterdays index.
Something might be brewing in the pipeline !!

wanaj0:


Core investor increasing it's stake.

Indeed u can see from a far Sir Wanajo !!
...great observation.

onegentleguy:


Open ur eyes and look well my dear before u miss any opportunity !!
...The market is actually gaining when compared to yesterdays index.
Something might be brewing in the pipeline !!

the chart not looking okay. may still have the opportunity to load cheap later

1st of june is the key

TLAX:


This is to inform The Nigerian Stock Exchange that Stanbic Africa Holdings Limited (a wholly owned subsidiary of Standard Bank Group Limited) and parent company of Stanbic IBTC Holdings PLC (“Stanbic IBTC”), has recently acquired an additional 1,141,191,943 (one billion, one hundred and forty one million, one hundred and ninety one thousand, nine hundred and forty three) ordinary shares in Stanbic IBTC Holdings PLC in an “Off-Market” transaction.
With this acquisition, the total percentage shareholding of Stanbic Africa Holdings Limited in Stanbic IBTC has increased by 11.35% from 53.09% to 64.44% post this transaction.
The above is for information purposes only.

Fortune favours the brave

gloriousdawn:
You are safe, so far you are ready for a long distance trip. 19 hours, from Singapore to New York, No stop.

Haaaaa, that's such a long voyage, I cant deal abeg.
I like breaking my journey. Ichimoku said the engines failed amidst flight last time he boarded with Peter, I have to take precaution, Mr.Time might not come to my rescue.

Mcy56:

Haaaaa, that's such a long voyage, I cant deal abeg.
I like breaking my journey. Ichimoku said the engines failed amidst flight last time he boarded with Peter, I have to take precaution, Mr.Time might not come to my rescue.

currentprice:


the chart not looking okay. may still have the opportunity to load cheap later

1st of june is the key

Enter with one leg just like I did. Just check the water out.

currentprice:


you are correct sir, what do you think is cooking?

Jollof rice.

While people are running away, some core investors are increasing stake.

RabbiDoracle:


Jollof rice.

While people are running away, some core investors are increasing stake.

A total of 1,141,191,943 units of Stanbic IBTC Holdings Plc were done as an off-market trade today at N 53.75 in eight deals.
The deals were negotiated cross deals between Stanbic IBTC Stockbrokers Ltd as buyer and Rencap Securities Ltd as seller.

Total Trade Consideraton – NGN61.3bn ( $170mn dollars)

RabbiDoracle:


Jollof rice.

While people are running away, some core investors are increasing stake.

Could they possibly take this bank private if free float rule is breached?

TLAX:


A total of 1,141,191,943 units of Stanbic IBTC Holdings Plc were done as an off-market trade today at N 53.75 in eight deals.
The deals were negotiated cross deals between Stanbic IBTC Stockbrokers Ltd as buyer and Rencap Securities Ltd as seller.

Total Trade Consideraton – NGN61.3bn ( $170mn dollars)

N61.3b?

Mogbe.

See money. They even paid a premium to the market price.

TLAX:


Could they possibly take this bank private if free float rule is breached?

It is yet to get to the free float rule na.

Na the same Nigerians wey dey sell that will go and buy from them in future.

RabbiDoracle:


Jollof rice.

While people are running away, some core investors are increasing stake.

Zenith alone today had done trade worth N3.13b also

hmmmmmmm

TLAX:


A total of 1,141,191,943 units of Stanbic IBTC Holdings Plc were done as an off-market trade today at N 53.75 in eight deals.
The deals were negotiated cross deals between Stanbic IBTC Stockbrokers Ltd as buyer and Rencap Securities Ltd as seller.

Total Trade Consideraton – NGN61.3bn ( $170mn dollars)

Oga TLAX pls clarify

do u mean the deal was done at N53.75 / share? a premium of about 20% to todays price?

Agbalowomeri:
Village people calling.................
come come come

locodemy:
point of correction............na EX

Chai! Loco you don divorce that 'fine bride' finally

currentprice:


the chart not looking okay. may still have the opportunity to load cheap later

1st of june is the key

It's alright my dear.
...but for some reason, I think it would be best to key into ur choice/target stock(s) now.

onegentleguy:


It's alright my dear.
...but for some reason, I think it would be best to key into ur choice/target stock(s) now.

i will wait to see tomorrow. it 50/50 if i miss i will wish everyone goodluck

wanaj0:
Check the Stanbic IBTC trade today.

Something is cooking

STANBIC guys no get joy..

@wanajo, Rabbideoracle


One of my office Oga patapata need advice in buying MTN shares on private placement.

What is your opinion? Kindly help out.

the market close May exactly where it opened in January (i.e. 38.2k), meaning it had taken back all it gave in January

coincidence?

TA guys pls help out

Remember that stanbic ibtc usually pays dividend from q3 result. Goof dividend at that.

robobo:


Oga TLAX pls clarify

do u mean the deal was done at [b]N53.75 / share? a premium of about 20% [/b]to todays price?

Correct!

sellydion:
@wanajo, Rabbideoracle


One of my office Oga patapata need advice in buying MTN shares on private placement.

What is your opinion? Kindly help out.

But Oga this has been discussed here na and the general consensus was 'wait' till after market bashing

The 2017 figures ain't looking bad. MTN is dominant in this Nigeria market. No other Telcos seems to rival them in terms of making money. But like it has been for all IPOs in the recent years, my mind says wait. Some months down the line we will get it cheaper than the IPO price.

sellydion:
@wanajo, Rabbideoracle


One of my office Oga patapata need advice in buying MTN shares on private placement.

What is your opinion? Kindly help out.