2zona's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 2:41pm On Apr 19, 2024

Mpeace:
So happy. Ds and Ns maintain their various prices today. Ne body fall in price.

Do you think price will remain static for ever? Market maker must do his work naa. He must provide that 100k purchase to move the price down.

I prefer he does it fast enough no need delaying, so people that want to cut losses will do and move on while those that want to remain long termers will stay and wait it out.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 10:40am On Apr 19, 2024

ndept:
The way people are even running from DS/NS, it may be difficult to get the buyer with the required 100,000 units block to send the price down

Of course nobody with sense will buy 100k unit to move the price, that's why the market maker is their. Am sure the MM will purchase the 100k unit when they are ready.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 12:35pm On Apr 18, 2024

unite4real:
A top broker friend i contacted told me news will be soon. That the merger is happening.

Does the top broker sleep and wake up with Alhaji huh

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 1:33pm On Apr 14, 2024

BabsO2:
Economy will roar back in coming months - Tinubu

God abeg oo, world war III has been trending since yesterday oo, Iran, Israel and co. Hope they will spare our fragile market?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 2:04pm On Apr 08, 2024

unite4real:
Read the headline again carefully. You will find the word "DECLINE"

https://nairametrics.com/2024/04/08/champion-breweries-reports-an-80-yoy-decline-in-pre-tax-profit-in-2023/

It actually made a profit just that it declined in profit when compared to FY 2022 report. Whereas other players in same brewery sector are reporting LOSSES due to forex and naira devaluation.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 1:22pm On Apr 08, 2024

Boshins:
https://nairametrics.com/2024/04/08/champion-breweries-reports-an-80-yoy-decline-in-pre-tax-profit-in-2023/

Champion

This one na baba ooo, when all others Guinness, NB, international breweries reported losses due to forex. Champion managed to report profit. Lols

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 9:22am On Mar 07, 2024

thebargainhunte:
Stocks that deviated the most from its 52 week high are:
1. Ftn- 59% 2. Eternal - 58% 3. Morison- 55% 4. Unitybank- 51% 5. Rtbriscoe- 51% 6. Honyflour- 50% 7. Linkassure- 50% 8. Deapcap- 50% 9. Dangsugar- 49% 10. Etranzact- 46% 11. Cadbury - 46% 12. Guineains- 46% 13. Sovrenins- 46% 14. Nascon- 45%
Dangfoods no dey carry last

Nascon, Dangote sugar already oversold.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 9:04pm On Mar 06, 2024

Odunharry:
Omo pls source

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 8:37pm On Mar 06, 2024

27.33% true yield on 365 NTB auction😁😁

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 1:14pm On Mar 04, 2024

yMcy56:
Maybe NASCON is trying to offload shareholders' possessions in her custody......ahead of Merger.

Like they want people to sell off their holdings huh

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 12:34pm On Mar 04, 2024

Jaakay:
NASCON ALLIED INDUSTRIES PLC- QUARTER 5 - FINANCIAL STATEMENT FOR 2023

https://doclib.ngxgroup.com/Financial_NewsDocs/40443_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

1 naira dividend

So why is Nascon result immune to effects of forex loss and naira devaluation. Abi they were selling their products in dollars huh

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 1:08pm On Mar 02, 2024

ositadima1:
Not very bad. Dangsugar still has a very large positive free cash flow, bigger than a lot of other stocks sef. Revenue increased, though COGS increased as well, probably due to Mr. Tinubu's "reforms" - the same ones that caused huge exchange losses.

Regardless, the share price will still receive it's fair share of bashing on Monday.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 5:17pm On Mar 01, 2024

Streetinvestor2:
Haba Tony.You want to play us the same game you did with transcorp hotel.what really is the work of our regulators why all this scam allowed to happen in naija. Transcorp plc is now a vehicle to rep the minority investors. This was why they made ote back off

I just hope Alhaji is not planning similar arrangement and ploy with Dangote food, Nascon and sugar.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 10:20am On Mar 01, 2024

Locotrader:
Good morning!

The challenge now is to know at what price to exit huh

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 9:38am On Mar 01, 2024

OBAGADAFFI:
Revenue up 22%
Operating profit up 5%
Finance income up 87%

But

Exchange loss N740b up 804%

Sharpen your cutlass. Buy opportunity must show.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 9:36am On Mar 01, 2024

Agbalowomeri:
Wahala promax

Boshins:
https://nairametrics.com/2024/03/01/mtn-nigeria-incurs-n740-billion-in-forex-losses-shareholders-funds-wiped-out/

Unprecedented

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 9:35am On Mar 01, 2024

[quote author=Agbalowomeri post=128719615]Unprecedented

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 5:24pm On Feb 29, 2024

So do we infer that what has played out in the past few days was dumping or mopping as regards Nascon??

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 5:22pm On Feb 29, 2024

[quote author=vacanci post=128710441]i tell you.

as long as the auditors are human beings who have friends and relatives and the directors have distant relatives and friends unknown to the exchange, they can use them as proxies to manipulate.[/qu

So do we infer that what has played out in the past few days was dumping or mopping as regards Nascon??

Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by 2zona(m): 8:14am On Apr 19, 2023

Please I want to know if Bolt has stopped inspection of cars for existing drivers on their platform. It's over 5 months since my last inspection and no mail from them.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 3:43pm On Apr 13, 2023

Could there be any impact on the increased 3rd party insurance fee from 5k to 15k per annum on insurance sticks like Aiico. Your suggestion please.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 11:11am On Oct 05, 2022

Lion123:
I remember when Otedola moved African Petroleum share price (Later Forte oil) from N5 to N350. I foresee similar magic with Geregu. And Geregu has raised money to buy a second power plant. BPE should conclude the deal before the end of this year and when that happens there will be justification for the stock to rally insanely. Prepare to see Geregu at N2,000+ like Nestle. OteMoney does not play

Please what's the major difference in terms of capacity between the power plant run at Geregu and the one run at Transcorp. I wan see justification for this 100+ naira opening price.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 11:21pm On Aug 31, 2022

This is more like it. Bonus that happen occasionally. Thanks I appreciate.

Frangel:
Nothing to worry. It must have been executed between 2.20 - 2.30pm.

The buyer (usually MM) intended buying@1.13. So all Sell orders to fill his buy order size @1.13 will go at that price. (See mkt trades for Transcorp today, all filled at 1.13 by 2.30pm).

Same applies if he (e.g MM) wanted to sell btw 2.20-2.30pm. You could get your buy order filled below your limit price. Bonus that happens occasionally.

Generally, your limit orders are sacrosanct. Hope this helps.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 4:43pm On Aug 31, 2022

The sale order was entered just on Morgan itrade online platform.

quote author=leparj post=116229162]

If u filled on the sale order form that yr mandate shd be executed at a price limit of 1.11, then it's possible. What your sale order means is for them to sell at any price but not less than 1.11.
If the price goes higher, they could sell.[/quote]

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 4:40pm On Aug 31, 2022

The sale order was just entered on morgan itrade online portal.

leparj:
If u filled on the sale order form that yr mandate shd be executed at a price limit of 1.11, then it's possible. What your sale order means is for them to sell at any price but not less than 1.11.
If the price goes higher, they could sell.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 4:38pm On Aug 31, 2022

leparj:
If u filled on the sale order form that yr mandate shd be executed at a price limit of 1.11, then it's possible. What your sale order means is for them to sell at any price but not less than 1.11.
If the price goes higher, they could sell.
The sale order was entered on Morgan itrade platform

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 4:25pm On Aug 31, 2022

Good evening guys, please can some one explain this to me. I carelessly and hopelessly entered a sell order for my Transccorp share @ price of 1.11 and went for my business, only to log in later this afternoon and discovered it was cleared at price of 1.13. I was surprised. Is it an error or actually possible in NSE.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 11:05am On May 25, 2022

Princkez:
How market

sell-off cum dumping in progress on the floor grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 1:54pm On May 17, 2022

Mpeace:
So today, transcorp fell from 1.40 to 1.32. Then now returned to 1.41. Meanwhile 130million units done already. I strongly believe there is something going on somewhere that we do not know about.

Transcorp actually did a high of 1.52. Certainly, something is going on. Either dumping or mopping...

1 Like

Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by 2zona(m): 7:39am On Apr 28, 2022

Yes please. The check engine light is on and the scan results only detected faulty oxygen sensor and nothing about the oil light. Also the sump has been opened and sludges cleaned out, together with the oil inlet sucker. Yet the oil light still comes on.

Is ur check engine light on?
If yes, scan the car just to make sure mechanic coupled ur timing back properly.
Then open d sump again and check d net in the oil intake pipe. If it's clogged then u need to open up the engine and wash everything like pots, plates and spoons cos sludge has taken over.

Go through this thread u will understand
https://www.nairaland.com/4683700/toyota-4runner-2007-1gr-fe-fix/1

Yes please. The check engine light is on and the scan results only detected faulty oxygen sensor and nothing about the oil light. Also the sump has been opened and sludges cleaned out, together with the oil inlet sucker. Yet the oil light still comes on.[/quote]

Pearl1910:
Is ur check engine light on?
If yes, scan the car just to make sure mechanic coupled ur timing back properly.
Then open d sump again and check d net in the oil intake pipe. If it's clogged then u need to open up the engine and wash everything like pots, plates and spoons cos sludge has taken over.

Go through this thread u will understand
https://www.nairaland.com/4683700/toyota-4runner-2007-1gr-fe-fix/1

Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by 2zona(m): 7:36am On Apr 28, 2022

[Qquote author=Pearl1910 post=112336643]

Is ur check engine light on?
If yes, scan the car just to make sure mechanic coupled ur timing back properly.
Then open d sump again and check d net in the oil intake pipe. If it's clogged then u need to open up the engine and wash everything like pots, plates and spoons cos sludge has taken over.

Go through this thread u will understand
https://www.nairaland.com/4683700/toyota-4runner-2007-1gr-fe-fix/1[/quote]Yes please. The check engine light is on and the scan results only detected faulty oxygen sensor and nothing about the oil light. Also the sump has been opened and sludges cleaned out, together with the oil inlet sucker. Yet the oil light still comes on.

Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by 2zona(m): 7:26am On Apr 28, 2022

Thank you Felicity, I appreciate. Am not comfortable with overhauling the engine too. But my worry is why will the oil light still be showing after changing both the oil switch and oil pump. quote author=Felicity0001 post=112336290]

To start with that yiur mecho is not even experience enough else he would have got the problem of the car right from the very start, i suggest you stay away from him.

If overhauling is all that recommend I'd suggested you change the engine instead because overhauling won't last beyond 6months and afterwards you would still have to change the engine so why not do it now.

Good luck[/quote]

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