yMcy56:
The type of funds that entered this market today though!!

It was on low key sha

Zagee:

Transcorp bought over and is using AEDC as a pilot phase. You might want to go long on them with a good entry(though am not sure if below 3 is still achievable this year).

Transcorp keeps improving every quarter, circa 100 is not impossible for a Utility stock.

Geregu SP gives life to Transcorp
This is where i will be using Oga Emma's compounding technique LOOOONG

oh wow i didn't know that, make i read am

yMcy56:
AIRTEL
In market.......Up with +59.90!!
N1.6B spent within few minutes!

PZ @22!

debeey87:
We need to check fpi inflow for June first then we can tell if more money will enter the market in July.

Na so.
..but I think June's inflow will be higher than that of May.......and from the look of things, more will likely still enter in July, all things being equal.

Today Alone:
ACCESS: N4.14B !
GTCO: N2.6B !
ZEE: N2.5B !
UBA: N1.1B !
AIRTEL: N1.92B !

UBA: It seems someone is still accumulating and preventing the price from moving up.
We see how it goes in July, God willing....

ASI at the end of June 2023 closed at 60,968 almost 61,000

See Oracle and his generational low gang sneaking into the market

PETERiCHY:
See Oracle and his generational low gang sneaking into the market

PETERiCHY:
See Oracle and his generational low gang sneaking into the market

Well done sir..
Could have been you also.....shebi you said you're coming back to the Market in November but you sneaked in since March or so....

Btw, where's youngbuffet ?
The guy for dey one corner dey look market with side eye.....

yMcy56:

Na so.
..but I think June's inflow will be higher than that of May.......and from the look of things, more will likely still enter in July, all things being equal.

Today Alone:
ACCESS: N4.14B !
GTCO: N2.6B !
ZEE: N2.5B !
UBA: N1.1B !
AIRTEL: N1.92B !

UBA: It seems someone is still accumulating and preventing the price from moving up.
We see how it goes in July, God willing....

I am still struggling to understand why UBA is lagging more and more behind Access. I thought fundamentally UBA is better than ACCESS when looking at 2022 data and year end market prices for investment earlier in the year. But with the closing trade of 2023 half year, ACCESS has dusted UBA further behind. It will be interesting to see mid year audited data for the banks. I wonder what exchange rate they will use for preparing their books.

PETERiCHY:
See Oracle and his generational low gang sneaking into the market

🤣🤣🤣

PETERiCHY:
See Oracle and his generational low gang sneaking into the market

Let the poor breath

Agbalowomeri:


Let the poor breath

Abi ooohhh. Oracle go soon control some of his boys back then in FUTO to locate and arrange Peter for am small.

Good day all,

My sincere apologies to all those who've been trying to reach me.
I cannot reply to all your messages, mails and/or even calls at the moment due to some personal issues.
...it's a really difficult time for me right now.

I'll try to review and revert in due course.

I do hope you'll understand.
Regards

BabsO2:


I am still struggling to understand why UBA is lagging more and more behind Access. I thought fundamentally UBA is better than ACCESS when looking at 2022 data and year end market prices for investment earlier in the year. But with the closing trade of 2023 half year, ACCESS has dusted UBA further behind. It will be interesting to see mid year audited data for the banks. I wonder what exchange rate they will use for preparing their books.

Q1 Shows a difference in earnings between them. Might account for the gap going forward if access keeps up with the stellar performance in the remaining 2qtrs. My opinion

BullBearMkt:

I hope the person asking if he should sell last week held unto his kaya when it dropped below 19.

And thanks for the pz is cushioning msg back then.

BabsO2:


I am still struggling to understand why UBA is lagging more and more behind Access. I thought fundamentally UBA is better than ACCESS when looking at 2022 data and year end market prices for investment earlier in the year. But with the closing trade of 2023 half year, ACCESS has dusted UBA further behind. It will be interesting to see mid year audited data for the banks. I wonder what exchange rate they will use for preparing their books.

Access paid better dividend last financial year.
UBA will need to do better with dividend payment if they want to catch access.

onegentleguy:
Good day all,

My sincere apologies to all those who've been trying to reach me.
I cannot reply to all your messages, mails and/or even calls at the moment due to some personal issues.
...it's a really difficult time for me right now.

I'll try to review and revert in due course.

I do hope you'll understand.
Regards

...all will be well OGG.

What a fantastic result from pz with so much energy(EPS 387 as against 161 of last year).pz presently at 22!can it blow pass dangote sugar at 25?only time will tell.

onegentleguy:
Good day all,

My sincere apologies to all those who've been trying to reach me.
I cannot reply to all your messages, mails and/or even calls at the moment due to some personal issues.
...it's a really difficult time for me right now.

I'll try to review and revert in due course.

I do hope you'll understand.
Regards

Baba I read this a heavy heart even though I dont know what it might be but there is greatest one we call the OMNISCIENT GOD, I pray that he remember you and take care of you right now, I know based on his word in prov 11:25, for the help, sacrifices and selfless services you have render to us here, May God answer your payers in Jesue name. Amen. All is well Sir

PETERiCHY:
See Oracle and his generational low gang sneaking into the market

He still remains THE ORACLE!

Who wapco offend make e forgive abeg. Abi wetin we go call this sluggish movement in a bull market

rahjan:
Who wapco offend make e forgive abeg. Abi wetin we go call this sluggish movement in a bull market

I think its FX loan may be weighing it down from being lifted by the bulls. Its Q2 will say more.

pluto09:


Access paid better dividend last financial year.
UBA will need to do better with dividend payment if they want to catch access.

This looks more than dividend o. After all, FBNH paid less.

However if UBA pays better dividend, it will wipe down the audio profits suspicion.

yMcy56:
AIRTEL
In market.......Up with +59.90!!
N1.6B spent within few minutes!

PZ @22!

UNILEVER will do the needful soon!

Are you sure they have massive FX loan? I think they repaid the massive FX loan they used to have a while back after divesting the South African affiliate. Also, seems they already translated their financial statements using black market rate so impact may not be significant. Time will tell

BabsO2:


I think its FX loan may be weighing it down from being lifted by the bulls. Its Q2 will say more.

Happy new month! May this month be prosperous for us all. Historically bearish June trend was smashed! bullish trend must continue o.

Happy New Month to all NSEMPA MEMBERS. Pray that the market shall favor us this month as well as this second half.

Dear experienced Nigerian stock traders/investors,

I'd like to know, is the Nigerian Stock market now developed to the point where you can trade on it instantly (instant trade executions, buy/sell) like on crypto exchanges?

The thought of delayed trade executions is a discouraging factor in joining the Nigerian Stock market. I want to know if this problem has been eliminated, and if yes, platforms that I can start my journey from. Thanks for your valued response in advance

Instant buy/sell available on a number of Nigerian stockbroker platforms. I recommend Morgancapital group with their itrade platform you are live on the exchange.

agbekoya:
Instant buy/sell available on a number of Nigerian stockbroker platforms. I recommend Morgancapital group with their itrade platform you are live on the exchange.

Seconded!

LandMann:
Dear experienced Nigerian stock traders/investors,

I'd like to know, is the Nigerian Stock market now developed to the point where you can trade on it instantly (instant trade executions, buy/sell) like on crypto exchanges?

The thought of delayed trade executions is a discouraging factor in joining the Nigerian Stock market. I want to know if this problem has been eliminated, and if yes, platforms that I can start my journey from. Thanks for your valued response in advance

From my little experience, transactions are quick for some stocks while for others, you need patience. That's why it has always been preached here to focus mainly on highly liquid stocks for safety. I use the new Afrinvest App which I have gotten used to, and hasn't disappointed so far (can be buggy sometimes but not often)...but I'm sure there are better platforms.

Over to the pros

Tinubu should announce his ministers this month, another thing in my opinion that can send the market further up is if they’re competent ministers with good track record especially finance, Works, trade, power.