For LawUnion Court ordered meeting (COM) scheduled for 12 noon Click


https://www.youtube.com/watch?v=Y6AkXVNPiow&feature=youtu.be

For ongoing AGM which precedes the COM click


https://www.youtube.com/watch?v=dbi5mfEg-a8&feature=youtu.be

Mr. Remi Babalola presiding

REMEMBER: Court Ordered Meeting will vote on either accepting or rejecting VEROD Capital's bid to acquire 100% of the sharecapital @N1.23k/share and subsequently delist.

Other readings

https://cashmoneyfocus.com/verod-capital-consolidating-in-insurance-and-pension-fund-administration-sectors/

ositadima1:
It appears one good way of profiting from the NSE is to be a trend follower........
Also do the following:
1. Follow d gurus here like OGG and Oracle and CP, BBM, Fxuser, Pa Emma.... to spot opportunities.
2. Have one stock u bought considerably low as a source of dividend.
3. Focus vs diversification.

First point fixed.

Can't agree more with these points, very good strategy in my opinion.

To get 10% to 20% on NSE is an extremely difficult.

PharmAlfred:
To get 10% to 20% on NSE is an extremely difficult.

You re right ..Be like say any small cap appre pple will just dump and take profit ..

Price fall stabilized.
Some form of reversal sighted.......

* Zenith reversed from 16.05 early market dumping to 16.70/75 now.
* GTB turned from red to green already..
* Bids building up in the FUA....

Just observation....

lancee:

You re right ..Be like say any small cap appre pple will just dump and take profit ..

Zee moving again......nah wah for that stock
Whosoever is in Zee should just know why they bought and not be moved by daily jumping up and down of price.

PharmAlfred:
To get 10% to 20% on NSE is an extremely difficult.

10% of 10m is 1milla which will go along way in this pandemic era

BARGAIN HUNTERS TAKE NOTE!

E Ku market o.
*edited*

Mcy56:
Price fall stabilized.
Some form of reversal sighted.......

* Zenith reversed from 16.05 early market dumping to 16.70/75 now.
* GTB turned from red to green already..
* Bids building up in the FUA....

Just observation....

C&I seem to be reversing upward with full force o

lancee:
You re right ..Be like say any small cap appre pple will just dump and take profit ..

Think what he was saying is targeting a stock to get that 10-20%.......if I get him right.

Mcy56:

Zee moving again......nah wah for that stock
Whosoever is in Zee should just know why they bought and not be moved by daily jumping up and down of price.

Decided not to sell yester during the panic .. Based on the present result i believe the next 2 results will be fairly ok , if the pandemic slows down a bit more ,will leave most for the div next yr .. It goes down will buy lil by lil ..Maybe we fit see 12naira again

I hope this strategy go work for me

Mcy56:

Think what he was saying is targeting a stock to get that 10-20%.......if I get him right.

ok got u

lancee:


You re right ..Be like say any small cap appre pple will just dump and take profit ..

True sir, it's hard to push 10 mil and above around. That is why I said buy one relatively cheap stock (Zenith for me) and keep for both appreciation and dividend purposes. Then, play JIJO with smaller cash like anything below 3 mil, as it would be relatively easy to dispose quickly. I don roundtrip FCMB, GTB and UACN so I know what I am talking about. Maybe, na luck sha, time shall tell.

That yeye 10milion offer in wapco has shown up again. Anytime the stock wants to go up, the offer just shows up.

Massive bidding on the Access 43million bid vs 6mill.

Mpeace:
That yeye 10milion offer in wapco has shown up again. Anytime the stick wants to go up, the offer just shows up.

Massive bidding on the Access 43million bid vs 6mill. Stock doing over 5%

dont mind him..people now understands what his doing,trying to create panic as to buy lower

lancee:
Decided not to sell yester during the panic .. Based on the present result i believe the next 2 results will be fairly ok , if the pandemic slows down a bit more ,will leave most for the div next yr .. It goes down will buy lil by lil ..Maybe we fit see 12naira again

I hope this strategy go work for me

It should work.
It's a stock that can give mental stress to traders.
Honestly, to me, Zenith should be kept mostly for dividend purpose if someone is not a trader or in need of cash from time to time.
If it goes down you'll be topping it up.......

ositadima1:
True sir, it's hard to push 10 mil and above around. That is why I said buy one relatively cheap stock (Zenith for me) and keep for both appreciation and dividend purposes. Then, play JIJO with smaller cash like anything below 3 mil, as it would be relatively easy to dispose quickly.

Again, I can't agree more!
Not easy to push large fund around.
Just my opinion anyway.

Mcy56:

It should work.
It's a stock that can give mental stress to traders.
Honestly, to me, Zenith should be kept mostly for dividend purpose if someone is not a trader or in need of cash from time to time.
If it goes down you top it up.......

mental and emotional ..Don't be surprised if u see it 12 again b4 end of the yr

Oga mi M. Mende been a long time

ositadima1:


True sir, it's hard to push 10 mil and above around. That is why I said buy one relatively cheap stock (Zenith for me) and keep for both appreciation and dividend purposes. Then, play JIJO with smaller cash like anything below 3 mil, as it would be relatively easy to dispose quickly. I don roundtrip FCMB, GTB and UACN so I know what I am talking about. Maybe, na luck sha, time shall tell.

Not a bad idea

Mpeace:
That yeye 10milion offer in wapco has shown up again. Anytime the stick wants to go up, the offer just shows up.

Wanted to mention it to you earlier that the guy don relax today ......not knowing he was stuck in traffic.

Maybe he's the one in Zee too. The 10M surfaced there today.

lancee:
mental and emotional ..Don't be surprised if u see it 12 again b4 end of the yr
Oga mi M. Mende been a long time

Oga Mendes nah chairman o. Zee go just dey poo anyhow for him....he sabi the stock wella.

lancee:



mental and emotional ..Don't be surprised if u see it 12 again b4 end of the yr

Oga mi M. Mende been a long time

From my tiny experience , Zenith is unlikely to revisit 12 dis year or even next year. If you look at its ADX, Average directional index, it has been bouncing between 15 and under 25. It looks like some deep pockets are accumulating the stock. With lots of $$$ the best way to enter a position and maintain d cheap price is to buy slowly over several weeks. I believe once the deep pockets are through u will see serious movement to at least cover d gap of GTB.

Mcy56:
Price fall stabilized.
Some form of reversal sighted.......

* Zenith reversed from 16.05 early market dumping to 16.70/75 now.
* GTB turned from red to green already..
* Bids building up in the FUA....

Just observation....

I dey wait GTB at KM 22.

ositadima1:


I dey wait GTB at KM 22.

Dats after closure of books for interim dividend...

ositadima1:


From my tiny experience , Zenith is unlikely to revisit 12 dis year or even next year. If you look at its ADX, Average directional index, it has been bouncing between 15 and under 25. It looks like some deep pockets are accumulating the stock. With lots of $$$ the best way to enter a position and maintain d cheap price is to buy slowly over several weeks. I believe once the deep pockets are true u will see serious movement to at least cover d gap of GTB.

Hopefully , am on same page with u sir ..Zee na good stock for long term still trying to process how they came up with that result

Wapco trying to break out #12.60

ositadima1:
From my tiny experience , Zenith is unlikely to revisit 12 dis year or even next year. If you look at its ADX, Average directional index, it has been bouncing between 15 and under 25. It looks like some deep pockets are accumulating the stock. With lots of $$$ the best way to enter a position and maintain d cheap price is to buy slowly over several weeks. I believe once the deep pockets are true u will see serious movement to at least cover d gap of GTB.

Seems you're really following the trend now.
Deep pockets are accumulating, they dont mind putting higher offers to keep the price down as long as they're yet to get their fill...similar to what is happening in wapco.
Zee will likely still close its gap with GTB.
GTB will relax small at circa 25.......any extra on top na jara.

** This is barring any unforeseen circumstance anyway.

PETERiCHY:


10% of 10m is 1milla which will go along way in this pandemic era

BARGAIN HUNTERS TAKE NOTE!

Big time chief. Which stocks do you have under your belt now?

Mcy56:

Seems you're really following the trend now.
Deep pockets are accumulating, they dont mind putting higher offers to keep the price down as long as they're yet to get their fill...similar to what is happening in wapco.
Zee will likely still close its gap with GTB.
GTB will relax small at circa 25.......any extra on top na jara.

** This is barring any unforeseen circumstance anyway.

Zenith will catch up with GTB.

The Holdco structure GTB wants to adopt in order to give the current CEO another 10 years on the job will cost the bank money and time

GTB can either set up new subsidiaries, this will take them about 5 years before they can be profitable.

GTB can decide to buy existing Asset Management firms, Investments banking firms, pension fund managers and Insurance companies. These acquisitions will be bought at a premium..

Staff cost of GTB is about half of Zenith, GTB has the lowest staff costs among the FUGAZ. Although the CEO of GTB is the highest paid among the FUGAZ.

If GTB should review the workers emoluments, that will increase the operating cost by another N20 billion or more

Dear Esteemed Shareholder,


You can now complete and submit your e-mandate form on our website from the comfort of your home. No need to download, print or scan. If you are yet to mandate your shareholding account, simply follow these steps using your mobile phone or laptop:


STEP 1. Visit our website using this link http://unitedsecuritieslimited.com/e-mandate/

STEP 2. Complete the e-Mandate form online

STEP 3. Click Submit


Claiming your dividend has never been this easy! To receive prompt updates on our products and services, follow us on LinkedIn by clicking the icon below. We remain committed to providing you world class investor services. Remember to stay safe.



http://unitedsecuritieslimited.com/e-mandate/

GTBank Applies for Payments Firm, to Split Banking Operations into Three
https://businesspost.ng/banking/gtbank-applies-for-payments-firm-to-split-banking-operations-into-three/

Why Interest Rate on Savings Deposit Was Reduced to 1.25%—CBN
https://businesspost.ng/economy/why-interest-rate-on-savings-deposit-was-cut-to-1-25-cbn/

Rate Drops to 1.10% as Investors ‘Beg’ CBN With N262bn for N128bn T-Bills
https://businesspost.ng/economy/rate-drops-to-1-10-as-investors-beg-cbn-with-n262bn-for-n128bn-t-bills/

NNPC Mulls Selling Majority Stakes in Four Refineries
https://businesspost.ng/economy/nnpc-mulls-selling-majority-stakes-in-four-refineries/

Sparkle Plans Digital Distribution of Insurance by 2021
https://businesspost.ng/technology/sparkle-plans-digital-distribution-of-insurance-by-2021/

Smart Shopping Help Online Shoppers Save Money, Compare Prices
https://businesspost.ng/featureoped/smart-shopping-help-online-shoppers-save-money-compare-prices/

PharmAlfred:


Big time chief. Which stocks do you have under your belt now?

1759