₦airaland Forum

Morning house, please correct me if I am wrong. For those that already had UCAP, buying extra now will be synonymous to buying it at N12 times 3 (N36). This is because they didn't buy their previous shares at the same value as the present ones, right?

Does this mean the price will still come down when real correction sets in, to reflect real value?

Thank you.

But it is still under ssuspension nah..

megawealth01:
Unity Bank suppose start making profits from quarter three

WEMA came in with a fantastic result of 270% growth in Q2 2024, pre-tax.

Very good result, positioning it for a good Q3 performance. That stock is a quiet achiever,
,

What is happening to Custodian?

On full bid...

Hello all, how do you think the Banks' recapitalization exercise will affect Insurance stocks? Do the Insurance stocks stand to benefit or the other way round. Thank you.

This might be the trend as Dangote refinery delivery date inches closer. Oando and Eterna are major players in its delivery chain.

yMcy56:
OANDO getting some attention in market....
Are we expecting another news or leap?

As UCAP goes on full bid, so does AFRIPRUD. Big brother sympathy.

And UCAP went FULL BID!!!

They are sure getting desperate. I have received three emails since yesterday from three different people, almost forcing me to consider their Access offer, while someone I have never met before chatted me up this morning sounding friendly and asking me to buy Access offer.

This is unbelievable.

Raider76:
Maybe they are tired of people accusing them of having an agenda. I read of some people claiming to having had calls from the bank urging them to take their RI.

With the payment of dividend by Jaiz Bank, and with good results, it might start attracting attention.

The management also said they are closer to their bank capitalization target by N1.3billion. They might be the first bank to achieve the target requirement by CBN.

https://thenationonlineng.net/jaiz-bank-nears-recapitalisation-target/

Yeah, you have a valid point. Me sef dey wait gidigba...no shaking.

yMcy56:
Depends on what the outcome is....
If outcome is favourable, that stock dey go be that o. Lol.
Is there sell spree in CUTIX?

It looks this might be the highest it will go, demand is weakening. After the meeting expect a sell spree.

Princkez:
UCAP on full bid@#33

From all indications, it is glaring that oil&gas (Oando & Eterna beckoning), banking (Wema and Sterling blinking) insurance (Royalex and AIICO winking at me) are well positioned for the next run...followed by consumer goods. The flags are all over the place blowing.

DYDD NFA

With the upcoming UCAP stakeholders meeting scheduled for tomorrow, do we see the stock flying again in order to take buy position for the declared Bonus?

Is another full bid drive loading?

Now that the FG has established Livestock Ministry, I wonder how this would impact the Livestock shares...Just wondering.

I guess it's Eterna's turn to fly....Full bid.

NFA DYDD

Hello all, please what is happening to Guinea Insurance? No buy or sell today?

So many opportunities still in the market if you want to look towards Japaul, Oando, Eterna, Royalex, TIP, GuineaIns, Cadbury, Transcorp, Wapco, etc... depending on your risk level. Good to position yourself now before the breakouts go haywire. I heard some money are coming into the market but I haven't confirmed yet. Do your own analysis to confirm.

DYDD NFA

chunkuli:
More of what?quote author=KayOn1 post=130806192]In a dilemma, I don't even know what to sell to buy more of ...

Rofo, Rofo, ...

NASCON seems to have lost steam in recent times. Forex must have hit it so bad. Not sure if to keep on holding.... I just tire sef.

Exactly. That's why one might be tempted to think that Eterna may be a stock to watch closely. Time will tell.

NFA.

KarlTom:
Maybe.
I read the news when it was released last year. I think only MRS and ETERNA are the listed companies of the 10+ that were engaged as major distributors of Dangote Refined Products...

Hold your kettle very well...

Hello all, with the upcoming Dangote refinery take-off this month, Eterna Oil and OANDO are part of the major suppliers to the public. Would that positively impact their share prices in any way? It has been in the air for some time now...

Thanks for these insights...gives me some reassurance for the little I have.

Locotrader:
Well said,
Royalex is not an insurance company but a Holding company but has insurance subsidiaries which has attracted foreign investments in recent time.

They raised some money few weeks or months ago to focus mainly on asset mgt.

If you look at it's revenue,you will notice they are yet to do wonders.They have a very low revenue but trying to improve on both the top and bottom lines.This means it's a growth stock.

If their share price with not good financial print is 61kobo,then the expected Q1 result which I think will be very super when compare with the previous year will take the price to another level.

I am attracted to this Royalex because of the shareholding structure.Majority shareholders are foreign investors.The majority/core investors control more than 70% of Royalex plc shares.

When they are through with restructuring,veritas kapital will show some respect to his elder brother.

I only advertise a stock I have and I have been buying Royalex in traches and will continue to buy until it breaks out.

I just feel to drop a little out of the numerous restructuring ongoing at Royalex plc .

Till then.

I think I agree with you. I heard Royalex is restructuring massively as well as going into industrial investments.

Not a financial advice... DYDD

Locotrader:
At last champion has delivered.
Price appreciation + bonus shares.
What must be must be.only time will tell.


IEI would have been another wonderful stock but the MTO disrupted it.

Royalex is spotted to deliver 100% in the next 12 months.current price is 61 kobo.

Shareholding structure of Royalex a nice one to move the share price when it's time comes.

Back to my hole

The market is just ripe to aim at some recovering stocks rising from support and being oversold.
Dive-in week for the observant.
Opportunities showing up for good performing stocks.

DYDD

The effect on the global scale is obvious:

https://www.nasdaq.com/articles/cocoa-prices-surge-fears-prolonged-supply-shortage

KayOn1:
FTNCocoa, Chams, LinkAssure on full bid.

Okay

Cocoa is a big hit in the int'l market now, I guess FTNCocoa is about to follow the trend now. Watching keenly...

KayOn1:
FTNCocoa, Chams, LinkAssure on full bid.

Okay

I agree. This is a stock to watch in the next few weeks, now that people are skeptical entering banking stocks.

Not a financial advice. DYOD.

megawealth01:
Those who entered my REGAL call... Enjoy your loot peacefully and codedly