megawealth01:
FG To Save ₦‎8 Trilion Annually From Subsidy Removal, FX Reform 


https://punchng.com/fg-saves-n8tn-from-subsidy-removal-fx-reform-tinubu-panel/

How should one position. Difficult to predict, but there is a high likelihood, the economy will follow the lead of the market in the coming months and years. Leading to a bull of several years as the economy expands.

yMcy56:

JAPAUL full bid @2.70
INTERBREW full bid @6.08
CHAMS full bid @3.05
BUACEM full bid @123.90
DANGCEM full bid @453
WEMA full bid @11.66
UNIVINSURE full bid @0.48..
TIP full bid @2.44
. JAIZ @4,01
Mcnichols @1.62

DANGSUGAR/NASCON: We never see the bullion van today.......maybe dem go still come, we no know yet

* Some.still dey on full bid, some trading at day's high, etc, no east to dey combine intendy's work.....

I don't understand why so much offers on DS/NS

BabsO2:


How should one position. Difficult to predict, but there is a high likelihood, the economy will follow the lead of the market in the coming months and years. Leading to a bull of several years as the economy expands.

A big amen oooooo... I really need this bull to continue for a very long time

Yoast:

I don't understand why so much offers on DS/NS

You dey say make profit takers no take profit?

megawealth01:


E don do 💯 oooooo

Bro e they pain me gain..I still dey inside veritKap sha

In comparison with the last regime, Tinubu is more business and private sector friendly.

Fact is nothing can be as bad as Buhari... a complete disaster

ASI has crossed 90k

defebe:


Bro e they pain me gain..I still dey inside veritKap sha

At all at all na him bad pass... Always know entry and exit in anything insurance... E get why sha

IYGEAL:


You dey say make profit takers no take profit?

Taking profit from just a single day of full bid after several months of price consolidation? We easily forget that DS/NS were not part of the earlier bull.

Yoast:
In comparison with the last regime, Tinubu is more business and private sector friendly.

Fact is nothing can be as bad as Buhari... a complete disaster

My brother leave that name buhari... What do you expect from "a self presumed and clean heart fighting kwaruptuion" ?

yMcy56:

JAPAUL full bid @2.70
INTERBREW full bid @6.08
. JAIZ @4,01

That property must be bought this year….Insha Allah

Trojan8:
ASI has crossed 90k

WOW... What's the next target?

Coolcash1:


That property must be bought this year….Insha Allah

YES

yMcy56:

Hold it first.......
Those guys meant something

* Do your DD o, make una no say na Mcy talk something o.

Meanwhile, accumulation seems ongoing in OANDO.....
We may be seeing it as sell-off but from my own view, it looks more like accumulation

It will be clearer in the following months.

Heavy dumping by OandO forcing the price down to prevent a high buy-out price or Heavy dumping by major shareholders that just want to leave.

and or

Heavy buying by common shareholders in good faith and or Strategic buyers, the way ote$ kicked-off buying FBNH or Transcorp shares.

PZ @35+
Cadbury @31.90
UNILEVER @19.05......how far nah, you self publish one good news wey go catapult you nah. Lol.

Actually, UNILEVER is sitting on one huge cash, N73.8bn, which I don't know how it will translate.....maybe that's the kind of funds @currentprice will call oxygen, I don't know......we needed expert's understanding of this.

BabsO2:


It will be clearer in the following months.

Heavy dumping by OandO forcing the price down to prevent a high buy-out price or Heavy dumping by major shareholders that just want to leave.

or

Heavy buying by common shareholders in good faith and or Strategic buyers, the way ote$ kicked-off buying FBNH or Transcorp shares.

Abracadabra

Full bids returning to a lot of stocks...

This market no gree for anyone oooooo

megawealth01:
Full bids returning to a lot of stocks...

This market no gree for anyone oooooo

Just one day of -10% everybody go begin run kiti kiti...make we enjoy the bull while its here and hide profits small small

megawealth01:


WOW... What's the next target?

At this pace, 100k before corporate releases is very possible. We are going to see a retraction by then. I am existing all positions aside from penny stocks play by the end of the month.

Choiceguy:


To me Oando will still trade below #11.
When chief Agba was telling us some of us here were busy doubtin.maybe they think stock market use to come down like cypto.it takes style to come down.

Price goes up again when good dividends are declared not coming down when dividends are declared

The major thing safeguarding the NGX is the 10% rule. If it's left to some players, pump and dump will follow like US penny sticks and crypt0.

megawealth01:


Abracadabra

Wetin you dey see
I agree with yMcy56's hunch that it's accumulation by strategic cats. KarlTom also shared the sentiment.
My clues are Wale - 1. Would be slow to brag about turnaround, 2. $ cashflows - If OandO was bent on buyout. Plus for real some shareholders are too pained with leadership of the company and want to exit their perceived nightmares. Wale talked about how they settled a fat one in the last AGM.

Mercy thank you oooo, from sending me different types of mail just to guide me to prescribe what I should focus on, thanks a lot. I must buy you amala and abula..
The following are my holdings since last year and earlier this year.

Jaiz
Wema
Access
Presco
Flourmill
Cwg
Fidson
VFD
Transcorp

Am sitting on a massive gain..

Thank you very much..

We are watching closely

BabsO2:


Wetin you dey see
I agree with yMcy56's hunch that it's accumulation by strategic cats. KarlTom also shared the sentiment.
My clues are Wale - 1. Would be slow to brag about turnaround, 2. $ cashflows - If OandO was bent on buyout. Plus for real some shareholders are too pained with leadership of the company and want to exit their perceived nightmares. Wale talked about how they settled on fat one in the last AGM.

Trojan8:


At this pace, 100k before corporate releases is very possible. We are going to see a retraction by then. I am existing all positions aside from penny stocks play by the end of the month.

Thanks for this info

1kinggy:


The major thing safeguarding the NGX is the 10% rule. If it's left to some players, pump and dump will follow like US penny sticks and crypt0.

Na that kind crazy increase I want them to implement now sef

Market dull today sha

We have successfully moved AFRIPRUDENTIAL to a double digit stock...

Let the bulls start from here... E go choke ooooo

I believe everyone following MEGA entered at #8+ or even #7+ sef... The beautiful thing about AFRIP is it's a good dividend paying stock... It has a high possibility of paying a fat dividend soon... If you missed UCAP...AFRIP will do the job

Na GOD win...

defebe:
Market dull today sha

Mba na

defebe:
Market dull today sha

R u referring to the kaduna stock exchange?

yMcy56:
PZ @35+
Cadbury @31.90
UNILEVER @19.05......how far nah, you self publish one good news wey go catapult you nah. Lol.

Actually, UNILEVER is sitting on one huge cash, N73.8bn, which I don't know how it will translate.....maybe that's the kind of funds @currentprice will call oxygen, I don't know......we needed expert's understanding of this.

For UNILEVER a lot of factors to consider:
1. Dropping some product line from the shelf(reduced revenue)
2. Current portfolio of products needs to do commensurate numbers(negative head winds due to fx and subsidy policies)
3. Macroeconomic factors doesn't favour as at now.
4. Expected minimum wage increase by q2

With all these: on the technical end, they just broke out on the monthly chat due to present bull. Do we wait for results or join in on the sentiment? Will this be sustained? Fundamentals don't agree for now.

My 1 cent

Boshins:
R u referring to the kaduna stock exchange?

E reach to ask sef... Today's market has been bullishly full of fun so far

Re-entered Jaiz at #4; jaiz heading to 6# next week. This I have seen