swilo:
Why are people selling UBA to buy Access and GTB?

pluto09:



It was a good experience.
I can't count the number of time I have run and latter go back again in that crazy game...

You will still go back

swilo:


No money to share again o. All the budget for this year don enter tribunal matter.

I never hear from u since. With those your magic posts.

Valueinvestor:
Oga yok,abeg please help us verify o, e be like say ya people don enter market (FPI) ?

swilo:


Interpretation of the law is not an exact science.

735i where are you?

Agbalowomeri:


All na wash, EPS wey no fit pay 50% dividend is that one EPS?

Mcy56:

Let's wait and see how Mr. Market respond to it.
My interpretation, if they could be willing to pay as high as that for the units they are picking up, then it means FO is currently undervalued be that.

Heishere:
This Offer Document relates to a Take-Over Offer (“Offer”) by Ignite Investments and Commodities Limited (“Ignite Investments”) to Qualifying Shareholders for the acquisition of up to 500,000 Ordinary Shares in Forte Oil Plc (“Forte Oil” or the “Company”) at N=66.25 per share (provided that Ignite Investments shall not be required to acquire any shares in excess of such number of shares as would take Ignite Investments’ aggregate interest in Forte Oil up to a maximum of 74.06% of the issued and paid up share capital of Forte Oil) in accordance with the provisions of Part XII of the Investments and Securities Act 2007 (“ISA”) and Rules 445-448 of the Securities & Exchange Commission (“SEC”) Rules and Regulations (as amended).

Abeg Gurus in the house help me us interpret this from FO. What does it mean. I have shares I bought at N33 in anticipation of the take over only to see that they are taking over only 500,000 shares.

Should I be dancing or not?

Mcy56:

That 66 naira is juicy o.

Princkez:
any news on FO..

faithfull18:
Primate

PETERiCHY:


There's OPPORTUNITY to BAIL out of TRANSCORPSE now @#1:05 because SEPTEMBER's SCHOOL FEES is around the corner.

Don't say you arean't WARNED!

BARGAIN HUNTERS TAKE NOTE!

Agbalowomeri:


1% gain na gain? Na normal pull backs
Sept go announce heavy downpour

owoblow77:
When u dollar-cost-average on the way down, u continue to hope that the market changes direction soon. But with the positive ASI with strong volume, it signals that the elevator is going up. You want to jump into a stock with low outstanding shares, and good earnings. O'Neil 1

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

pluto09:


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

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

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

bigjay01:


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

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.

Agbalowomeri:


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

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

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

I did 160 days.