Fidelity gathering clients @1.70.
Oga Oracle,I hope no be Janet calling.......

locodemy:


Transcorp need to release result let's look at their financials.

Sir Loco,

Please are you by any chance expecting any magic from their Q3? On what basis please? Kindly share.

locodemy:
Transcorp need to release result let's look at their financials.

Let's just hope the result will be fine.

locodemy:
Fidelity gathering clients @1.70.
Oga Oracle,I hope no be Janet calling.......

I have been looking at the volumes from FCMB and Fidelity.

I believe they are warming up for a 2017(short timeframe) type of rise.

735i:


Agba, them say na you oh. So you be FPI?

Lol
How I wish I can do 5% of that
I don retire be that

mendes911:


Sir Loco,

Please are you by any chance expecting any magic from their Q3? On what basis please? Kindly share.

Haaaa.The Q2 result was disappointing.We need to wait and see Q3 result before predicting prices.
Beside result,we should be seeing good volumes on Transcorp base on the sentiment sourrounding it.No notice of close period...........

I am just scared of reconstructions in this stock.
I am also loosing almost 20% in this stock.......Need to be careful before putting more funds.

RabbiDoracle:


I have been looking at the volumes from FCMB and Fidelity.

I believe they are warming up for a 2017(short timeframe) type of rise.

A simple question :

Are these 2 banks part of the 7 SIBs?

FCMB has a total assets of 1.5b+ while FIDELITY has 1.9b+

Another one that I think could be part of the SIB could be STANBIC (Total assets of 1.6b+)

locodemy:


Haaaa.The Q2 result was disappointing.We need to wait and see Q3 result before predicting prices.
Beside result,we should be seeing good volumes on Transcorp base on the sentiment sourrounding it.No notice of close period...........

I am just scared of reconstructions in this stock.
I am also loosing almost 20% in this stock.......Need to be careful before putting more funds.

Well, I expect the result to be bad (my own opinion). Genco's are still massively indebted to and I heard it's been getting worse since after Q1.

The only saviour I see here is any solid good news (vis-a-vis) Afam Power Station and that may not move the market as much as Ugbelli's announement moved the stock.

We keep watching and hoping but please allow this one to come carry "us" around 70k. We will still make this profit together.

Mcy56:

Let's just hope the result will be fine.

Not possible.Afam power purchase will drag the bottom line down.

Next year is Transcorp year.I am now speaking as a trader not investor.

mendes911:


Well, I expect the result to be bad (my own opinion). Genco's are still massively indebted to and I heard it's been getting worse since after Q1.

The only saviour I see here is any solid good news (vis-a-vis) Afam Power Station and that may not move the market as much as Ugbelli's announement moved the stock.

We keep watching and hoping but please allow this one to come carry "us" around 70k. We will still make this profit together.

70kobo is possible depending on the result to come.
My two hands are holding the chaplet tight.

RabbiDoracle:


I have been looking at the volumes from FCMB and Fidelity.

I believe they are warming up for a 2017(short timeframe) type of rise.

If you think what happened late 2017/early 2018 will repeat again,it's high time I begin to accumulate unity and wema at these cheap prices.They will also respond to the general bull call......

I will like to hear from Agba the title holder first.

locodemy:
Not possible.Afam power purchase will drag the bottom line down.
Next year is Transcorp year.I am now speaking as a trader not investor.

Could be either way.

mendes911:


Some people were waiting to come write long essays today, quoting their previous post and validating that they are the soothsayers.

NSE sabi humble people shaaaa.

Am just waiting for the euphoria of this Q3 to die down. I hope those crazy MIB won't throw a surprise one soon.

Chai....

Did anybody notice that there's not much red today or na my eyes dey see double ni?

Mcy56:

Could be either way.

When we know the business they are into.
Anyway wetin be that hospitality (subsidiary) Q3 results that came out few days ago.

A na eji ahuru ama uto nsi.......

currentprice:


i have N22.5 for UBA could be N30 at year end . zenith not out yet

abeg na my own bedsheet fp o. brokers have theirs

_{^{but fp so much lower for all those banking when valued based on cash but still double the currentprices}}

Bought more UBA @ 5.75 and dangsuga @ 10.25
God bless my hustle

mendes911:


And one or two "Mendes-Day" I ask thy Lord to doeth for me.

Reactions to just released UBA and FBNH will provide more insight today.

Judging by trading in UBA shares today, I have a feeling that our previous #5.40 support line will be broken soon!

Some sellers (in Mcy's voice, manipulators) are hell bent on selling.

AGLEVENT
Top 5 Bids
MMID Price Volume
XTRM 0.28 133,419,000
XTRM 0.24 154,076
Top 5 Offers.

Please is this 133m? thousands or hundreds? Abi na double I dey see

yom2:
AGLEVENT
Top 5 Bids MMID Price Volume XTRM 0.28 133,419,000 XTRM 0.24 154,076 Top 5 Offers.
Please is this 133m? thousands or hundreds? Abi na double I dey see

Nothing do your eyes.
How much is the volume.....in Agba's voice? At least in comparison with big caps.
Zenith did a single trade of 345M (or thereabout) today. You dont know the amount staked on that alone?

mendes911:


Judging by trading in UBA shares today, I have a feeling that our previous #5.40 support line will be broken soon!

Some sellers (in Mcy's voice, manipulators) are hell bent on selling.

We keep buying more waiting for the Bull one day ..if it touches 5.00 that will be good as well

Stocks with new 52 week lows
Dangote cement #143.90k
Omoluabi mortgage #0.50k
Stock with new 52 week highs
Contisure #2.32k

More results to be released this evening.

Fear dey catch me on some stocks we dey volatile.

locodemy:
More results to be released this evening.

Fear dey catch me on some stocks we dey volatile.

The bear might be elongated more than anticipated.....
If you are buying now, your best bet will be fundamentally sound stocks with a good history of consistent dividend payment.. My opinion...

pluto09:



The bear might be elongated more than anticipated.....
If you are buying now, your best bet will be fundamentally sound stocks with a good history of consistent dividend payment.. My opinion...

That's the way to go

Agbalowomeri:


That's the way to go

pluto09:



The bear might be elongated more than anticipated.....
If you are buying now, your best bet will be fundamentally sound stocks with a good history of consistent dividend payment.. My opinion...

Hmmnnnnn. At least I am still buying small small

No one should fiddle with my Wema bank. Let's all allow the price to get to 50k first.

pluto09:



The bear might be elongated more than anticipated.....
If you are buying now, your best bet will be fundamentally sound stocks with a good history of consistent dividend payment.. My opinion...

End of wave 4 cannot be below end of wave 2. There is a pattern which I believe will change this year. Contrarian thoughts anyway.

On buying fundamentally sound stocks, I completely agree with you.

RabbiDoracle:


End of wave 4 cannot be below end of wave 2. There is a pattern which I believe will change this year. Contrarian thoughts anyway.

On buying fundamentally sound stocks, I completely agree with you.

I don't like to get into argument of predicting the direction of the market.....if the NSE turns bullish,good and if the market continues to be bearish, I am alright.......

Village calling...
Make I go begin dust my mattress
Thankfully garri dey village to sip
Make Buhari keep him border

locodemy:
Who did this to maybaker?

An Enemy

Calebbold:


https://thenationonlineng.net/sec-probes-lafarge-africa-over-alleged-abuses/amp/

This could be the reason

Its a hoax. The company has denied that they are under any investigation by SEC.... http://www.nse.com.ng/Financial_NewsDocs/27848_LAFARGE_WAPCO_PLC._CORPORATE_ACTIONS_OCTOBER_2019.pdf

I guess some people wanted to just crash the price for them to enter below N15...NSE the more you look the less you see...

Please which BANKS ARE MERGING?