DeRuggedProf:
READ THIS BEFORE BUYING NEIMETH:
It may guide your entry/exit or BUY/SELL/HOLD:

https://www.google.com.ng/amp/punchng.com/neimeth-loses-materials-to-fire-earnings-threatened/amp/

Princkez:
these are d guys who always have first class info ....see as dey are buying 10m and 20m units in a single trade without noise.

PharmAlfred:


Yes. You might be very correct. This is strategy they use; they will wait for full offer @ the lowest price for the the day before they start mopping up. It is the same strategy they will use next week. Panic sellers will only fall into their hands. The massive accumulation here simply shows something is going on. For now Transcorp is enjoying a favourable sentiment and govt policy seem to be very helpful too. I think Transcorp will be worth staying out.

Do not be guided by my opinion. Do your DD.

Chibuking81:
Here are two big sign that bull will return next week;

1. with availability of money shared during the FAAC meeting this week, this will usher in commencement of workers payment and contractors both at federal, state,and local government level starting from next week, plenty money will enter the market.

2. With expectations of release of good and fantastic result starting from next two weeks, many smart investors will start taking position once after the Monday and Tuesday public holidays.

Two of the mentioned point above will drag in the bull, so friends take advantage of this opportunity, don't panic.

Important notice, please those eyeing Dangote flour @ #3.50 and #4 should please look elsewhere, and those with bad luck already inside the vehicle should please exit to allow our vehicle move up faster,( am just joking, even if you have spirit of bad luck following you, once you enter our motor your bad luck will fly away and your name will turn to good luck ).

Bear scares people away from the market and present a good entry opportunity and always beg people to buy.

Bull draw peoples attention, and present happiness for semi greedy ones, and happiness and sorrow for fully brand greedy ones, also present an avenue for people begging for exit door to excape.

Chibuking81:

Please remember this quote when the bull return.

emmanuelewumi:



Why are you concerned about when the bull will return.

We should learn how to make money in both the bear and bull markets.

Chibuking81:

That's welcome, we make money both in bull and bear.
But the bull is very very important.

omaojo1:


I know you're asking this question because of the holding analysed below.




For a company to be listed on our bourse, it is required to have a free float of 20%. So at least 20% is the volume that must be available for the public.

However, the Exchange tweaked that requirement to serve an interest by creating what they called the premium board. With the premium board, value is used to determine the free float and it is just 40 billion naira.

The foregoing means that at 200 naira per share, Aliko is only required to make 200 million shares available to the public. With an outstanding shares of 17,040,507,405, only 1.2% is available to the public. Keep in mind the percentage is price dependent and will shrink if the price goes up and vice versa.

What this technically means is that he can take out every other shareholder and leave the Dubai fund and he'll still be within regulation.

Happy several new years to you guys.

DeRuggedProf:
What can we make of Livestock?
Fxuser has pointed the way, but can we dig deeper or better still, can we have more opinions?
Fundamentalist's opinions are welcome.
Even 'Hunchilistic' and spiritual analysts are welcome.
All we need is to make money, not minding the analytical leaning...

DeRuggedProf:
What can we make of Livestock?
Fxuser has pointed the way, but can we dig deeper or better still, can we have more opinions?
Fundamentalist's opinions are welcome.
Even 'Hunchilistic' and spiritual analysts are welcome.
All we need is to make money, not minding the analytical leaning...

emmanuelewumi:



Dangote Cement, First Bank, Zenith bank and Nigeria Brewery are on the premium board.

More than 50% of First Bank and Zenith Bank shares are available for trading, 25% of Nigeria Breweries shares are available for trading.

How come roughly 2% of Dangote Cement shares is available to the public.

I hope the guy is not using the stock price of cement to make sure he remains the richest Blackman.
Dangote cement has a market capitalisation of N3.4 Trillion.

emmanuelewumi:



Dangote Cement, First Bank, Zenith bank and Nigeria Brewery are on the premium board.

More than 50% of First Bank and Zenith Bank shares are available for trading, 25% of Nigeria Breweries shares are available for trading.

How come roughly 2% of Dangote Cement shares is available to the public.

I hope the guy is not using the stock price of cement to make sure he remains the richest Blackman.
Dangote cement has a market capitalisation of N3.4 Trillion.

wickyyolo:


common sense tells me that he is not making it at all from the stock market

DeRuggedProf:
What can we make of Livestock?
Fxuser has pointed the way, but can we dig deeper or better still, can we have more opinions?
Fundamentalist's opinions are welcome.
Even 'Hunchilistic' and spiritual analysts are welcome.
All we need is to make money, not minding the analytical leaning...

IHelp:

ihedioramma:
The Central Bank of Nigeria on Friday said it intervened in the crisis between Etisalat and a consortium of 13 Nigerian banks over a syndicated loan of about $1.2bn granted the telecom company to save over 4,000 jobs and stripping of the company’s​ assets. The CBN Spokesperson, Mr. Isaac Okorafor, said this in a statement on Friday. He said, “Although it should ordinarily not be the role of a regulator to decide how individual bad loans are resolved, the CBN believes that Etisalat is a systemically important telecommunications company with over 20 million subscribers that, if not well handled, may have negative implications for the banking system itself.” He further explained that the CBN and Nigerian Communications Commission had suspected that banks might go ahead in the usual way and downsize the company’s over 4,000 staff, adding that this was why they reached an agreement to intervene. He said both regulators implored the consortium of banks to re-assess its position in dealing with Etisalat

ihedioramma:
The Central Bank of Nigeria on Friday said it intervened in the crisis between Etisalat and a consortium of 13 Nigerian banks over a syndicated loan of about $1.2bn granted the telecom company to save over 4,000 jobs and stripping of the company’s​ assets. The CBN Spokesperson, Mr. Isaac Okorafor, said this in a statement on Friday. He said, “Although it should ordinarily not be the role of a regulator to decide how individual bad loans are resolved, the CBN believes that Etisalat is a systemically important telecommunications company with over 20 million subscribers that, if not well handled, may have negative implications for the banking system itself.” He further explained that the CBN and Nigerian Communications Commission had suspected that banks might go ahead in the usual way and downsize the company’s over 4,000 staff, adding that this was why they reached an agreement to intervene. He said both regulators implored the consortium of banks to re-assess its position in dealing with Etisalat

emmanuelewumi:



Dangote Industry Limited own 91% of the company, Dangote's friends, family and top management of Dangote group own another 7%.

The amount available for trading is just 2%. If Dangote and other insiders should reduce their total holdings to 70%, except the share price of the company to plummet.

It is a good company, but I am not sure if it is selling at a good price.

WorldAmbassador:
@emmanuelewumi. That means the stock is prone to serious price manipulation by the insiders that own 91%. Wow!! that's a shocker and that means Alh. Dangote runs his companies like a private company.

maishai:

when did quantitative easing extend to the communnicatiin sector, I thought it ended in banks and insurance companies

zendi:


My brother, if Govt wants to bail out etisalat, they should just give Herbert and co their money, matter finished.
Bank loans are not your share of the national cake.
Herbert is too young to risk going down the routes of Ibru, Erastus, Adigwe and others.
I used to think that foreign investors haul in their own money. Never knew they only come in to loot local banks, and then bolt when things turn awry.
I also strongly endorse Herbert's no-nonsense approach.
You cant villify, and even prosecute bank managers for recklessness and bad luck in lending, and then turn again and blame them for ruthlessness in risk management and loan recovery.
As far as I'm concerned, etisalat investors are on their own here, no matter how "sytemically important".
My tax money should never be used to bailout private sector misfortunes or, possibly, even, malfeasance.

pluto09:


LIvestock offers so much promises but delivers little.
One major problem is lack of adequate capital to run the company.They are trying to address the issue of inadequate capital by raising fresh funds through right issue.
My conclusion about the recent rally is that the company might be pumping up the price for them to get a good price for the right issue.
Fundentally livestock is not a company to buy at this point in time,my opinion though.

NOTE. That the fundamentals of the company is not looking very good at this time does not mean the price cannot continue to rise as there are many other factors that affect price on the nse apart from company fundamentals.

pluto09:


LIvestock offers so much promises but delivers little.
One major problem is lack of adequate capital to run the company.They are trying to address the issue of inadequate capital by raising fresh funds through right issue.
My conclusion about the recent rally is that the company might be pumping up the price for them to get a good price for the right issue.
Fundentally livestock is not a company to buy at this point in time,my opinion though.

NOTE. That the fundamentals of the company is not looking very good at this time does not mean the price cannot continue to rise as there are many other factors that affect price on the nse apart from company fundamentals.

pluto09:


LIvestock offers so much promises but delivers little.
One major problem is lack of adequate capital to run the company.They are trying to address the issue of inadequate capital by raising fresh funds through right issue.
My conclusion about the recent rally is that the company might be pumping up the price for them to get a good price for the right issue.
Fundentally livestock is not a company to buy at this point in time,my opinion though.

NOTE. That the fundamentals of the company is not looking very good at this time does not mean the price cannot continue to rise as there are many other factors that affect price on the nse apart from company fundamentals.

emmanuelewumi:


No sir, just surprised that 23 insiders own 98.2% of largest company on the Nigeria Stock Exchange