It looks like UACN is about to distribute the UPDCREITs to shareholders. The increase float in UPDCREIT will lead to drop in price.

Airtel Africa’s Smartcash Payment Service Receives Approval in Principle to Operate in Nigeria
https://investorsking.com/2021/11/05/airtel-africas-smartcash-payment-service-bank-receives-approval-in-nigeria/

Okey Nwuke Increases Stake in Access Bank, Invests Additional N17.7 Million
https://investorsking.com/2021/11/05/okey-nwuke-increases-stake-in-access-bank-invests-additional-n17-7-million/

CBN Grants MTN Nigeria’s MOMO Payment Service Approval in Principle
https://investorsking.com/2021/11/05/cbn-grants-mtn-nigerias-momo-payment-service-approval-in-principle/

Fintech CEO: So Much Has Changed Since Kabosu was a Puppy
https://investorsking.com/2021/11/05/fintech-ceo-so-much-has-changed-since-kabosu-was-a-puppy/

FirstBank Lagos Amateur Open Golf Championship, the Longest-Running Gold Championship in Nigeria Begins
https://investorsking.com/2021/11/05/firstbank-lagos-amateur-open-golf-championship-the-longest-running-gold-championship-in-nigeria-begins/

Oil Pares Losses After OPEC Plus Sticks to Gradual Increase
https://investorsking.com/2021/11/05/oil-pares-losses-after-opec-plus-sticks-to-gradual-increase/

As US Federal Reserve Commences Tapering, How Does It Affect Nigeria?
https://investorsking.com/2021/11/05/as-us-federal-reserve-commences-tapering-how-does-it-affect-nigeria/

Naira Gains 0.09 Percent Against the United States Dollar on Friday
https://investorsking.com/2021/11/05/naira-gains-0-09-percent-against-the-united-states-dollar-on-friday/

Nigerian Stock Market Extends Decline, Investors Lose Another N17 Billion
https://investorsking.com/2021/11/05/nigerian-stock-market-extends-decline-investors-lose-another-n17-billion/

Shiba Inu Sheds 14.55 Percent in 24 Hours as Whale Moves $2.3 Billion Worth of Shiba
https://investorsking.com/2021/11/04/shiba-inu-sheds-14-55-percent-in-24-hours-as-whale-moves-2-3-billion-worth-of-shiba/

Ivy League Illustrates Global Mainstreaming of Cryptocurrency Acceptance, Future for Blockchain
https://investorsking.com/2021/11/04/ivy-league-illustrates-global-mainstreaming-of-cryptocurrency-acceptance-future-for-blockchain/

Investors, Prepare Now for Trek Towards Normalised Interest Rates
https://investorsking.com/2021/11/04/investors-prepare-now-for-trek-towards-normalised-interest-rates/

Payhippo Raises $3M in Seed Round to Improve SMEs’ Access to Credit Facility
https://investorsking.com/2021/11/04/payhippo-raises-3m-in-seed-round-to-improve-smes-access-to-credit-facility/

Faruk Umar, Executive Director of NGX, Divest from NGXGroup
https://investorsking.com/2021/11/04/faruk-umar-executive-director-of-ngx-divest-from-ngxgroup/

MTN Group to Sell Some Shares in Its Nigerian Subsidiary
https://investorsking.com/2021/11/04/mtn-group-to-sell-some-shares-in-its-nigerian-subsidiary/

Luno to Commence Naira Deposit and Withdrawal After Raising $700 Million at $10 Billion Valuation
https://investorsking.com/2021/11/04/luno-to-commence-naira-deposit-and-withdrawal/

MTN Nigeria Completes Issuance of N89.999 Billion Series II Under Its N200 Billion Bond Program
https://investorsking.com/2021/11/04/mtn-nigeria-completes-issuance-of-n89-999-billion-series-ii-under-its-n200-billion-bond-program/

BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/236_Share_Dealing_Notification_-_Sale_of_Shares_by_Faruk_Umar.pdf

Non executive NGX director sells 800,000 units at N20

Must have foreseen NGX GROUP going to around N11 and hovering around that price range for a long while.

Meanwhile, I am also waiting.

...

Follow @PETRATRADNG on Twitter for US stocks alerts.

Pls which companies release end of the year results by November/First week of December. Madam Mcy, Oga Ewumi and others help a brother out and thanks.

drills:
It looks like UACN is about to distribute the UPDCREITs to shareholders. The increase float in UPDCREIT will lead to drop in price.

What made u think so ?!!

.

faoogoke:


Must have foreseen NGX GROUP going to around N11 and hovering around that price range for a long while.

Meanwhile, I am also waiting.

He is not done offloading.

https://doclib.ngxgroup.com/Financial_NewsDocs/236_Share_dealing_Notification_-_Mr._Faruk_Umar_Indirect_Holding.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/236_Share_dealing_Notification_-_Mr._Faruk_Umar_Direct_Holding.pdf

BabsO2:
.

The guy is huge , knows when to buy, when to sell and when to diversify

emmanuelewumi:



The guy is huge , knows when to buy, when to sell and when to diversify

He is an insider naa

Mpeace:
He is an insider naa

Even in companies that he is not an insider.


But the CEO of NGX sef no get even 1000 units of the company's shares

emmanuelewumi:



Even in companies that he is not an insider.


But the CEO of NGX sef no get even 1000 units of the company's shares

Really? So he doesn't believe in the company also? Does not he want to partake in its growth.

Marketapprentic:


Really? So he doesn't believe in the company also? Does not he want to partake in its growth.

@marketapprentic

why not off your mic and allow investors to decide

samguru:


@marketapprentic

why not off your mic and allow investors to decide

Lol

samguru:


@marketapprentic

why not off your mic and allow investors to decide

Yes, boss. I have now even also off the generator

Marketapprentic:


Really? So he doesn't believe in the company also? Does not he want to partake in its growth.

But sent a compensation plan proposal whereby shares of the company will be allocated to members of staff and management

emmanuelewumi:



But sent a compensation plan proposal whereby shares of the company will be allocated to members of staff and management

Not only NGXGROUP by the time you factor in the countless naira devaluations you will discover there is no coy in NSE worth keeping for medium to long term.

megamart247:


Not only NGXGROUP by the time you factor in the countless naira devaluations you will discover there is no coy in NSE worth keeping for medium to long term.

.not entirely true. Some stocks have done way beyond any impact of devaluation. What is very vital in this sphere is one's entry point. For instance anyone that got into vitafoam at some months back will not agree with you. UPDC, wapco etc have also beat devaluation in recent times. Entry is key
Thats why its dangerous to generalise and say no stock on nse...

megamart247:


Not only NGXGROUP by the time you factor in the countless naira devaluations you will discover there is no coy in NSE worth keeping for medium to long term.

Depends on what you are buying.


Different strokes for different folks.

Mpeace:
.not entirely true. Some stocks have done way beyond any impact of devaluation. What is very vital in this sphere is one's entry point. For instance anyone that got into vitafoam at some months back will not agree with you. UPDC, wapco etc have also beat devaluation in recent times. Entry is key
Thats why its dangerous to generalise and say no stock on nse...

You don't need to shalaye, I always tell people to invest in what they understand.

Mpeace:
.not entirely true. Some stocks have done way beyond any impact of devaluation. What is very vital in this sphere is one's entry point. For instance anyone that got into vitafoam at some months back will not agree with you. UPDC, wapco etc have also beat devaluation in recent times. Entry is key
Thats why its dangerous to generalise and say no stock on nse...

Even UCAP too. As a late comer in the first quarter of 2020. The average price of the few share of it I have is N2.60 it now about N9.00.

In personal finance and wealth building, there are few people who do not just talk the talk but walk the walk as well. My guest this week on Value Nigeria is one of these few people.

Enjoy my chat with Dr Tayo Oyedeji, CEO of Overwood Nigeria as we talk about having a saving culture, wealth building and everything in-between.

https://anchor.fm/value-nigeria/episodes/35--Low-risk-approach-to-building-wealth-A-chat-with-Dr-Tayo-Oyedeji-e19s5ms

Whoever said to me that I bought MTN too high at 170+ then should just hide ooooooo... I said it that mtn at below 200 is underpriced and undervalued... E go shock many

Not a recommendation as I am heavily loaded on MTN for long term... I bought at 170 and I announced it here then!

megawealth01:
Whoever said to me that I bought MTN too high at 170+ then should just hide ooooooo... I said it that mtn at below 200 is underpriced and undervalued... E go shock many

Not a recommendation as I am heavily loaded on MTN for long term... I bought at 170 and I announced it here then!

Hmm...na wa o

megawealth01:
Whoever said to me that I bought MTN too high at 170+ then should just hide ooooooo... I said it that mtn at below 200 is underpriced and undervalued... E go shock many

Not a recommendation as I am heavily loaded on MTN for long term... I bought at 170 and I announced it here then!

Sold part to take profit earlier..
But still added additional units..
during the pull back...
I think the CBN approval in principle to operate payment service bank
Is one of the contributing factor...
My fair value is N230..
Whether it will get to the FV is another ball game...sha

MTN is good, would have entered, but my though was that it was too risky and ties monies down. There are many low cap stocks that are made 20 - 50 % in this bull run

Willie2015:


Sold part to take profit earlier..
But still added additional units..
during the pull back...
I think the CBN approval in principle to operate payment service bank
Is one of the contributing factor...
My fair value is N230..
Whether it will get to the FV is another ball game...sha

Please has NPF distributed the rights issue subscribed earlier?

megawealth01:
Whoever said to me that I bought MTN too high at 170+ then should just hide ooooooo... I said it that mtn at below 200 is underpriced and undervalued... E go shock many

Not a recommendation as I am heavily loaded on MTN for long term... I bought at 170 and I announced it here then!

Good luck to you

Willie2015:


Sold part to take profit earlier..
But still added additional units..
during the pull back...
I think the CBN approval in principle to operate payment service bank
Is one of the contributing factor...
My fair value is N230..
Whether it will get to the FV is another ball game...sha

And the core Investor wants to sell about 580 million shares

emmanuelewumi:
You don't need to shalaye, I always tell people to invest in what they understand.

Refuse the urge to shalaye..........lol.
Boss wey sabi....

Oga Emma, pls any info on this Global Spectrum?
I've recently been seeing the report and wondering whether it's newly listed or something.......
https://doclib.ngxgroup.com/Financial_NewsDocs/34550_GLOBAL_SPECTRUM_ENERGY_SERVICES_PLC%20_QUARTER_3_%20_FINAN.pdf