₦airaland Forum

Buy Dangcem... Aliko l will not cede (without a fight) most capitalized stock on the exchange to MTN

735i:
MTN may overtake Dang Cem as most capitalized stock on the index today!

Alas, Alhaji no let am happen!!

pluto09:
Some stocks are just stubborn.
I have been waiting for it to drop lower but the opposite is what is happening...... MTN

Ahh.. I doubt that MTN will drop further oh. The guys who track MSCI Nigeria have started buying it. Remember it's been added to the MSCI Nigeria index.

MTN may overtake Dang Cem as most capitalized stock on the index today!

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/27364_GUARANTY_TRUST_BANK_PLC._FINANCIAL_STATEMENTS_AUGUST_2019.pdf

EPS 2019 3.50 , 2018 3.38

Not Bad at all... The market reaction to this result will be a pointer to how much energy the bears still have.

Bizibi:
who in his right sense will move funds to Nigeria now.

Even if yields on government instruments touch 20% and Dividend yields get to 18%, investors won't be swayed to come here.

What's happening is global. There is a global flight to safety. We're entering a risk-off environment where anything perceived as risky is shunned by investors.

Plus, the FG is not doing anything right to assure investors that their investments will be safe here

bigjay01:
is Transcorp not a Genco? Are they paying Gencos as well?

Discos owe the Gencos. FG takes over (assets and liabilities of Discos), pays off debt to Gencos.
Transcorp power is a Genco being owed by several Discos. Therefore, they may benefit from this development as receivables will reduce and cashflows will improve.

Mcy56:
Na 3 times sir! Lol.
Me self no know anything o. I just posted due to the % it's lost so far and I thought kobo 70s shouldn't be a bad entry for the long run, which may not even be that long self. I have it but just watching out for 'bottom price' to average down anyway.
Guess maybe it's reacting to some supposed insider news....just maybe.

Maybe this? https://punchng.com/fgll-pay-failed-investors-n736bn-to-repossess-discos/?
So they'll probably get their outstanding debts from FG. FG needs to sort out the Discos before the Siemens deal kicks off

Agbalowomeri:
Forget all these intraday or intraweek movements, the destination is 40kobo

The elder has spoken... We wait!!

Mcy56:
In the meantime, transcorp is posing to return over 100% in the long run.
@Agbalowomeri should we include it as the 3rd one?

I'm seriously suspecting you guys on this thread...
After you post, Transcorp gbe bodi....
Mercy, Mercy, Mercy.... how many times did i call you?

https://www.bloomberg.com/news/articles/2019-08-14/u-k-yield-curve-inverts-for-first-time-since-financial-crisis

**walks away slowly**

kamsy4God:
Stanbic ibtc secondary market rates today :
104 days = 10.9%
160 days = 11.4%
258 days = 11.5%

I did 160 days.

Do you not think that shorter tenors is the way to go at this time? Huge maturities ahead and pressure on reserves should force meffy raise rates...no?

Have you guys seen this?

https://nairametrics.com/2019/08/08/multichoice-mtn-shoprite-others-given-7-days-to-stop-operation-in-nigeria/

mendes911:
When gbedu begin enter ChiBuKing body......

Bears that he saw, take a whole year to visit his portfolio.

Obene......

Kwa Kwa

Lol... God forgive me... i don't even know what is means

robobo:
But Oga we don dey here d bolded since over two years now and NSE don do more trillions of turnover since den

The tin na bottomless pit? he no dey finish for the FPI hands?

just wondering ooo

I no know where you for dey hear your own own oh. This na intel from top brokers and analysis of activities in the I&E window..

Intendy:
Stocks with new 52 week lows

Fbnh #5.15k

Zenith Bank #17.75k

Dangote cement #165.00k

Jaiz bank #0.38k

GTB spotted but rallied back.

The dance may continue awhile for GTB, Dangcem & Zenith. FPI's are offloading...it's the PFA's that are supporting this oja right now.

OakPearl:
This market is awash with bargains.
Sumptuous!
Gosh!!!

Bro.. leave that thing oh... na so i dey shout bargain bargain... run enter last month.

See me now, na money wey i go use average down money i dey find lai dis

Who dey move market like this?

Bomboclad:
3Q PAT 2018 was up 3%. 2Q PAT 2018 was up 2.7%. In contrast with 43% QOQ for 2019.....

43% looks good because of the poor performance in Q1 innit?

Bomboclad:
I think this is good

http://www.nse.com.ng/Financial_NewsDocs/26893_DANGOTE_CEMENT_PLC_FINANCIAL_STATEMENTS_JULY_2019.pdf

It's actually not extra ordinary. Considering that Q3 will be worse (rainy season). Dangcem may struggle to report YoY growth in bottomline for 2019.

http://www.nse.com.ng/Financial_NewsDocs/26759_LAFARGE_WAPCO_PLC._FINANCIAL_STATEMENTS_JULY_2019.pdf

Not a bad H1 outing. Una wey enter Larfarge at N9... make una share small money give us oh. Afterall, we are BNSITL

austinkenneth:
This is a TOTAL WIPE-OUT

Leeemaaooo... My brother... You couldn't have said it any better.

This one na carnage oh! See blood everywhere!!

CHARLESNIPER:
It is headed for above N60 !!!

According to my source, there are indications that the NSE has approved divestiture application for the 75 per cent majority equity stake held by Otedola in favour of Ignite Investments and Commodities Limited at a price of N66.01 per share.

WARNING: not an investment adviser. I am more of a sniper, than an investor!

Not indications oh. The deal has already been done.
shareholders may not benefit much from this transaction in the short term.

lancee:
FO just dey do anyhow

OFF MARKET DEAL:
A total of 970,166,694 units of Forte Oil (FO) were done at N66.25 in five deals.

Ote$ done dispose

Una dey see ETI?

Jim Jim... I see you for Zenith oh... Continue mopping

E be like interim dividend go make sense this year.

Hi Gazz

Recently got a 2015 accord and it has 0w-20 as it recommended engine oil.

However, i have been unable to locate this oil in all major filling stations in Lagos. Can i use an alternative? If yes, which one?

tritritri:
DANGSUGAR my heart ..kai.

Lol... E be like say we dey always enter the same bus! Take tissue my brother... it is well with us!

CashDiMkpa:
That bank is heading towards an M&A. Hopefully...

Nwanne, you get intel?

STOjo:
I am still waiting to see this 1 billion units bid...

Lol... whilst the guy may have been lieing, it's actually not impossible that he has over 1bn bids.

Those mega crossings that happened, they were not on bid on the platform. Those ones are ready to pay premium.

Plus there are hidden bids on the platform too.

Mcy56:
Did anyone see what Mtn total bid was reduced to? Or na me no see am well?

NSE is a scam. They removed all the bids, crossed and brought the bids back.

Cos total bids went down to +5M after the crossings and suddenly came back up.