femu:
Is Otedola buying Zenith stock?

emmanuelewumi:



5% will cost him almost N80 billion

emmanuelewumi:



5% will cost him almost N80 billion

femu:


How much is money

Mpeace:
So Otedola did not see Access bank (the most "acquisition" bank in Nigeria) to buy, na Zenith wey dey high he want buy.

Btw
He wants to own and be in the board of both FBNH and Zenith. Is that allowed?

femu:


Adenuga has stake in Sterling and Firstbank

emmanuelewumi:



That is the spread between the bid and offer. That is how the bank makes money

Eg buying a property from a property company at N40 million and selling at N38 million to the same company

Streetinvestor2:
That means it is more profitable buying from primary mkt

Pls what do you think about FBN if it touches #30 again.

chibaby1985:


If true then this bull isn't ending any moment soon

We are watching closely

Mpeace:
So Otedola did not see Access bank (the most "acquisition" bank in Nigeria) to buy, na Zenith wey dey high he want buy.

Btw
He wants to own and be in the board of both FBNH and Zenith. Is that allowed?

emmanuelewumi:



If true, it will drive it to N60

Locotrader:


If champion do #12 from 3.85 it's selling today and NB do #70 from #37 we are seeing it now, which of them did better?

This is where I am beating most of you in this market.Japaul, Multiverse, Tip all gave me more than 300% while some of you fundamental guys are struggling to make 100%.

chibaby1985:
In another news

Access Bank CEO Herbert Wigwe Explains Decision To Buy Insurance Company and Banks in 2 Countries


https://www.legit.ng/business-economy/money/1574413-access-bank-boss-herbet-wigwe-explains-decision-buy-megatech-insurance-brokers/

chibaby1985:
In another news

Access Bank CEO Herbert Wigwe Explains Decision To Buy Insurance Company and Banks in 2 Countries


https://www.legit.ng/business-economy/money/1574413-access-bank-boss-herbet-wigwe-explains-decision-buy-megatech-insurance-brokers/

Streetinvestor2:
No wahala. We see what they add to the balance sheet at the end of each yr.I hope they don't turn out to be loss making machine to access nigeria. Then nigeria access will be the one paying all its bill in the name of expansion. Some of this country as we speak has nothing left in thr economy to warrant investment.

chibaby1985:
In another news

Access Bank CEO Herbert Wigwe Explains Decision To Buy Insurance Company and Banks in 2 Countries


https://www.legit.ng/business-economy/money/1574413-access-bank-boss-herbet-wigwe-explains-decision-buy-megatech-insurance-brokers/

OakPearl:


Insider information reaching me just yesterday has it that they are about to add ARM to their acquisition spree.

DeRuggedProf:


When you meet Ngozi at pepper soup joint and you tell her to buy Oando shares, she come ask you say wetin be shares? You come explain tire, she no get. The following day, you still meet her for the same joint, as you wan order LIFE for her, your UBA dividend come land, you come buy her Legend, she dey surprise. You come explain say na Tony be your boy wey send you cash. As women dey behave, she come wan collect Tony number from you, she no know say Tony doesn't know whether you exist sef. You come explain say Tony dey send money for people wey buy UBA shares. She dey more confused. Na him you ask am to give you 50k and you go givam some units of your UBA so that Tony go dey send her cash twice every year. She come gree and paid you the 50K. Na him you come ask your broker to give her 1000 units of your UBA. Una don do cross deal be dat.
I wan confuse you so that person wey understand no go get problem explaining it to you...

essentialone:
If 2 footballers score an equal number of highest goals in a World Cup tournament, who will be given the Golden Boot award?
a. Both of them
b. None of them
c. The first to score the highest number of goals
d. The last to score the highest number of goals
e. A dice or coin will be thrown to decide.

unite4real:


you no dey watch ball be that.

you supposed to know say if they both tied on equal goals then the next judgment na who provide assist pass.

meanwhile Otedola dey provide assist to investors back to back

emmanuelewumi:




He has always been a shareholder of Zenith Bank, probably trying to increase his holdings to a substantial level

BullBearMkt:

lol!

During a strong bullish market, it's crucial to monitor the market breadth, which is a measure of the number of stocks that are rising versus those that are falling. When the trend shifts and you start to see more stocks declining than advancing, this signals a phase called 'distribution.' This phase often precedes a market downturn.

It's a critical indicator suggesting that the market might be losing its upward momentum and could be headed for a correction or a bearish trend.

I hope the "7 year old son, nephew or grandson" can understand the explanations provided above now!

Agbalowomeri:
My Oga BBM
No long grammar, February is red, beginning of the end.
We enter back in November

BullBearMkt:

Ah! Ah!! Ah!!!
Maybe, maybe not; better to let the data shows it

Agbalowomeri:


Data dey trail our gut analysis

BullBearMkt:

...because I've checked historical data and between 2004 till 2023, the index declined only just 9 times in February. So we cannot specifically conclude that February will be bearish.

Agbalowomeri:


Ahh according to my gut analysis, it will be bearish

Agbalowomeri:


Ahh according to my gut analysis, it will be bearish

I no use any data o