₦airaland Forum

lancee:
Buy 100k units now @ 13.45 --N1,345,000


Assuming if 70k -75k paid ...that na 70k

Except there is cap appre and bought low

@ the bold: Always expect cap appre with coys that dish out positive figures bcus their SP moves north side most times.

ACCESS: today is the last day for anyone who wants to jump in or jump out before the release of their result.Both sellers and buyers are sitting on the fence.

Please can someone share some reliable virus free sites where one can download free movies ?

Morgan Capital Group Weekly Stock Recommendation Report | January 29, 2018

Access is about to explode !!!!!

From the pre-market , attention is being shifted to Access despite the bear

wanaj0:
Transcorp already traded over 500m units?

It is now over 800m units... Scaring volume!!!

mendes911:
Kai, don't tell me you didn't jump out Friday morning? After the revelation we got in the morning. Na you dey do yourself now shaaa,

Please what was the revelation ?

dipoolowoo:
Shareholders Okays Delisting of 7up Bottling Company From NSE
https://www.businesspost.ng/2018/01/12/shareholders-okays-delisting-7up-bottling-company-nse/

UBA Board Meets to Propose Final Dividend, Consider Results
https://www.businesspost.ng/2018/01/12/uba-board-meets-propose-final-dividend-consider-results/

@ the bold. I guess the result is not good, otherwise insiders would have mopped everything on the floor by now.

I have sold all my holdings.
Waiting patiently with sharp cutlass for new entries opportunities to surface.
What a good new beginning of the year 2018!!!

BMZK:
@CP, Fxer, Prof and all the Ogas in the house: Please i need a green light hint. I offloaded my transcorp but can't find a new bus to board. It seems all the doors have been shut down.

I appreciate all the recommendations. Thanks for your advice..

@CP, Fxer, Prof and all the Ogas in the house: Please i need a green light hint. I offloaded my transcorp but can't find a new bus to board. It seems all the doors have been shut down.

Like play like play , Skye bank is taking its passengers to the sky..

The locomotive of Loco has lost break... It is defying the laws of gravity

Nigeria Stock Market Among The Top 5 Global Performers In 2017: CNN

U.S. stocks were on a first-class ride into record territory in 2017. But they weren't alone.
The value of public companies on global stock markets grew by $12.4 trillion in 2017, according to S&P Dow Jones Indices, which included dividends in its calculation. A number of markets even outperformed the U.S.
Here's a look at the biggest stock market winners of 2017:

1. Argentina
2. Turkey
3. Nigeria
4. Hong kong
5. U.S

The Nigerian All-Share index is still miles below record highs set in early 2008, but a 43% rally in 2017 has helped to close the gap.
The index suffered mightily in 2015 and 2016 as low oil prices, militant attacks, currency troubles, elections and Ebola hit investor sentiment.
But oil prices have moved higher, the central bank has made it easier to swap currencies and the economy has snapped out of recession, explained Zin Bekkali, founder and CEO of Silk Invest.
Many analysts are optimistic that stocks could keep rising in 2018.
"If you look at where we stand today, the [Nigerian] market is still one of the cheapest markets on the planet," said Bekkali.

http://money.cnn.com/2017/12/27/investing/best-stock-markets-2017-world/index.html

TRANSCORP !!!! Already 79m units traded.
Likely, the news we have been expecting is around the corner..

GTB broke the silence!!!

Bianco1:
Transcorp...large volumes going on...hmmm

Over 360 million units traded. It is worth keeping ears on the ground.

MrPristine:
Your analysis even buttresses the point further. The previous picture was taken during [b]the raining season in April [/b]just after the 2015 elections and the current one was taken over the weekend in the middle of the dry season. Going by your analysis the cows should have been fatter in the older picture taken in 2015 but the reverse is the case leaving us to conclude that the cows must have benefited from their owners 'change' agenda.

The month of April is the extreme of dry season in the north. Raining season usually starts in June to end in October. October and November are harvesting periods during which animals feed very well. The guy's analysis was on point.

Fidelity is not ready to slow down

Any news about skye bank ? All the offers at N50k have been cleared (24m)!!!

All these cross deals behind the doors in Fidelity and Transcorp are conspiracies to prevent the prices from flying.

People are still loading Fidelity... Cruising continues..

Suspended director-general of the Securities and Exchange Commission, Mounir Gwarzo, is being investigated by the Economic and Financial Crimes Commission.

He has been under investigation since 2005, according to the commission.

EFCC wants to unravel the owners of the nine companies that were awarded contracts by the SEC under Gwarzo.

They include Outbound Investment Limited, Medusa Investments Limited, Northwind Environmental Services, Micro-Technologies Limited, Tida International Limited, Outlook Communications, Acromac Nigeria Limited, Balfort International Investment Limited and Interactiven Worldwide Nigeria Limited.

According to the EFCC, Gwarzo, his wife and other cronies allegedly used these companies to carry out illegal transactions in SEC.

Gwarzo, 30 months old as SEC DG, was suspended by the finance minister over allegations of financial misappropriation.

He replaced Ms. Arunma Oteh, who resigned in January 2015. Gwarzo was then the Commissioner in charge of operations.

Finance Ministry’s Deputy Director of Information, Mrs Patricia Deworitshe in a statement on Wednesday said that the suspension was to allow an unhindered investigation into several allegations of financial impropriety levelled against Gwarzo.

Deworitshes said that Mr Abdulsalam Naif Habu, Head of Media Division, SEC and Mrs Anastasia Braimoh, Head of Legal Department of SEC had also been suspended.

Gwarzo allegedly paid himself N104 million severance package when he was appointed DG SEC from the position of a Director in the same commission.

https://www.okay.ng/efcc-probes-sec-dg-mounir-gwarzo/

stokfrick:
Yea, I think you are right. There might be a pull back tomorrow.
Cos I observed the fullbid of 1.99 was not followed closely but at a distance of 1.96
And was a weak one.
# took some profit though
I might be wrong oh! Just saying

Looking at the volume traded(60M+), i may want to assume, anyone who wanted to sell had the opportunity to do so today. It will cross N2 before pull back.

stokfrick:
Kai this fidelity smoke weed atell you
Looks like N3 is the game plan

Expect excellent figures for Q4 with good take home dividend. I regret selling part of my holdings at N1.7 and N1.81 respectively, even though i made good profits.

Enjoy the ride!!!

currentprice:
it will be nice to see how fcmb Audited Q3 will look like
despite this letter to nse, i know they will still come with unaudited Q3
i think it unwise for anyone to still hold this stock.

Today's volume is an indication insiders have already seen the result and it will look good..

Chineme Okafor in Abuja


The Power Sector Recovery Programme (PSRP) recently developed by the federal government and the World Bank to revive Nigeria’s ailing power sector, has come up with an action plan for the sweeping restructuring of the 11 electricity distribution companies (Discos) that would enable government to take over any Disco found to be insolvent.

Details of the action plan, which THISDAY got from a workshop organised by the Ministry of Power, Works and Housing to educate the media on the expected workings of the PSRP, indicated that the government is planning to restructure the Discos to meet their responsibilities in the country’s privatised electricity market after a thorough forensic review of their operations.

The workshop was held on Wednesday evening in the ministry in Abuja. It had in attendance the Minister of Power, Works and Housing, Mr. Babatunde Fashola, the two ministers of state – Mr. Mustapha Shehuri and Mr. Suleiman Hassan – as well as heads of parastatals in the ministry, all of whom took time to explain the government’s plan in the PSRP.

The report further made recommendations for the Nigerian Electricity Regulatory Commission (NERC) to engage the Discos on revised business plans, which will be negotiated, finalised and implemented.

It also requires the government to “start the process of restructuring Discos that are found to require new capital injections”.

“This would involve NERC, BPE (Bureau of Public Enterprises), the Discos and other relevant parties. This may also involve the takeover of Discos with degraded financial positions,” said the PRSP report.

It however explained that before the takeover, technical competence reviews including forensic audits of all the Discos and the adequacy of their technical partners, should be undertaken to ensure that they had not failed in their initial agreements with the government after the privatisation exercise.

The document also revealed that there was an ongoing audit of the performance agreements and all direct agreements the government signed with operators in the sector to ensure that it was in compliance with its obligations.

It explained that there should also be measures to address the operational challenges of the Discos, which should include: “Develop case studies to determine the level of load rejections in the network, develop investment plans with clear impact analyses for increase in load across the network and in metering, and ensure regulatory measures are enforced.”

Also at the workshop, the Managing Director of the Nigerian Bulk Electricity Trading Plc (NBET), Dr. Marilyn Amobi, debunked claims by the Discos through their umbrella association, the Association of Nigerian Electricity Distributors (ANED), that the electricity they distribute to Nigerians at an average of N31 per kilowatts hour (kWh) is retailed to them at N68/kWh.

Amobi, in her response to a question on how much the NBET really sells the electricity it procures from the generation companies (Gencos) to the Discos, stated that its retail price per kWh of electricity to the Discos had not exceeded N18/kWh.

Meanwhile, NERC has invited car dealers in the country to bid to supply it seven sport utility vehicles (SUV) for its commissioners.

The regulator, in a procurement notice it recently put out, requested bidders to supply the vehicles with specifications that include 4.6-litre engine capacity and V8 type. It equally noted that vehicles should have full options and must be 2018 models.

The commission, however, did not specify the exact make of the vehicles it wants to buy, but a price survey conducted by THISDAY on the commission’s specifications for the SUVs showed that a Toyota Land Cruiser V8 2018 model with full options currently starts from N55 million.

During the time of the Dr. Sam Amadi-led board, the commission reportedly bought Ford SUVs for its commissioners who left office in December 2015 when their tenure expired. It was not certain if the retired commissioners left with the SUVs.

In the tender notice, NERC said successful bidders would be given just six weeks from the date of the award of the contract to deliver the vehicles.

https://www.thisdaylive.com/index.php/2017/11/17/fg-comes-up-with-action-plan-for-takeover-of-distressed-discos/

Morgan Group sent me the below email:

We wish to inform you that Rights Issue of UAC of Nigeria Plc of 960,432,193 ordinary shares of 50 Kobo each at the offer Price of N16 per share on the basis of one (1) new ordinary shares for every two (2) ordinary shares held as at 19th October 2017 will be opened for subscription as shown below:


Acceptance List Opens: Wednesday, 15th November 2017

Acceptance List Closes: Friday, 22nd December 2017

All interested shareholders taking up their rights should submit their right circular form to us in our office on time.


Thank you for choosing MorganCapital Group...

Buhari, whose visit to Ebonyi had been tagged the first presidential visit to the state in the last 17 years


Buhari, whose visit to Ebonyi had been tagged the first presidential visit to the state in the last 17 years


Buhari, whose visit to Ebonyi had been tagged the first presidential visit to the state in the last 17 years


SAI BABA

Intendy:
no vex oga me sir

stocks with new 52 week highs

learn Africa #1.05k

fidelity bank #1.68k

eterna #4.35k

caverton #1.35k

Guinness #102.00k

no new 52 week lows

Fidelity touched N1,72 two weeks ago.

stokfrick:
Yea d result is good, but I think fidelity still has the best 3rd quarter result, quarter/quarter and year/year.

NSE has a mind of its own. Despite the very good result, Fidelity is on full offer.