₦airaland Forum

Omooloriredade:
Jeez!!! I have been trying to ignore the discussions on Chams RI for days now but mehn! The ignorance here can be mind-boggling.
The problem is that some have not taken time to understand the workings of the market. For example....Who are the stakeholders? What does one entity do? You see people will have an issue with the Registrar or CSCS and be blaming Broker ...haha

Selling your Rights means relinquishing your exclusive right to buy shares of Chams at the offer price of N1.70 as an existing shareholder.

If you trade your Rights, you simply sold your "right" or "priviledge". No shares are involved. Buyer now needs to pay the N1.70 offer price having acquired your Rights.

Eg It will cost Iya N1 + N1.70 = N2.70 to acquire shares in Chams.

I assume Iya thinks the SP on the NGX will be well north of N2.70 by the time the offer closes otherwise, Iya might not know what they are doing either. Apologies if you find this insulting.

Those pricing the Rights at N2 or talking about selling their rights at same price clearly have no clue either. There is a reason investors that know what they are doing are not bidding to buy at that price on the floor......the bid on the heads (main shares) not withstanding.

Ideally, if you are an existing shareholder and you'd like to hold for medium to long term but don't intend to take up your rights, you should absolutely be selling the equivalent quantity of shares you qualify for on the floor. Part of the proceeds can then be used to take up your rights. Your holding remains the same with some spare change.

The scenario above changes if you are trading Chams or whatever other strategies you might have.

Disclaimer - I am no financial adviser so my post could be highly misleading. Please consult your financial adviser for advice. Not a recommendation to buy or sell.

It doesnt make financial sense to buy just the right at N1 or N2 plus right price as that is already above the current market value of the share itself.

Locotrader:
No longer 31st December 2025?
The tempo can now calm down.
There will be second and third missionary journey in insurance stocks before July 2026

aaah, many insurance companies will exit the market if given just 4-5 months to recapitalise.

1 year sounds reasonable.

Oasisblue:
You are right. It's always a challenge balancing long-term focus(investor) and short-term gain(trading). I am experiencing the same thing with Aradel, where I have a substantial sum tied down without capital appreciation. I keep increasing my investment in the hope of averaging out my brek-even price, but seeing what is going on in the insurance sector, I feel like a fool now.

Averaging down? Dangerous game if the breakout isn’t right around the corner.

When you’re in a hole, stop digging.

Personally, maintaining a diversified portfolio is safer.... skewed toward the picks by gurus on this platform admittedly.

IyaTola:
#1 deal?!

Why will he sell you the right at N1 when rights price is N1.7?

You want him to pay N0.7 on your behalf

EDUECO:
Fidelity, WEMA, Stanbic and Jaiz would surely be successful in the next 50 years.

Unity bank will be successful in 100 years

megawealth01:
On full bid abi na my app dey deceive me ni?

When JAPAUL's time come eh... ELLAH LAKES sudden flight will be child's play... I told analysts to buy before analysis

Once I saw the clouds gathering, I increased the size of my umbrella.......another solid call from Loco!!!

Loco makes another right call .....Japual heading to full bid...

EDUECO:
I repeat,banks like Zenith, Access,UBA,Stanbic, GTBANK,Fidelity,WEMA,Jaiz and First Bank will continue to declare profit every year from 2025 till 2075.

Banks make money every seconds from their physical office and online(this takes place 24 hours of the day).

Banking business is more lucrative than production of goods.

If Nigeria’s economy became more productive and stable, banks would likely earn less.

Today, they profit heavily from charges on basic services account maintenance, transfers, cards, alerts and from close political ties that ensure rules favor them in reviewing these prices upward even when the larger economy was slowing down.

In developed economies, these services are free, and banks make money from core lending and investments. A stronger Nigeria would push banks toward real value creation, cutting easy, fee-based profits.

Phlinx:
Politely correct me if I am wrong but isn't it when it's going down you pick?

Personally, I wouldn’t touch a stock that’s clearly on a downward trend. Otherwise, you’ll end up buying more just to average down your losses
which is really just digging yourself deeper into a hole.

In my opinion, it is a high-risk, high-reward way to trade.

I prefer to enter at the early stages of its upward trend.

Zegra:
DANGSUGAR
This one go soon discover crude oil

Can you believe it made it into Morgan Capital’s stock pick for the week? Their research analyst needs to be introduced to this group so they can learn how it’s really done from the gurus here.

VFD rights issue - qualification date is 8th Aug

https://businesspost.ng/economy/vfd-group-files-application-for-n50-7bn-rights-issue/

It appears there are technical issues with the NGX platform.

For instance, with Linkassured, there is an offer that perfectly matches the exiting bids but has not been consumated now for over 10 mins.

Guinea’s price is stuck because no one is willing to sell. Could someone please assist the ministry in moving things forward?

I have done my part to inject some life into it...now green

Custodian is finally joining the insurance herd!! on the verge of full bid.

SSUNU bounces back - on the verge of full bid!

Live trading is back

EDUECO:
Live trading has been disabled!

The mafia are up to no good!!

when the player is losing the game and decides to pull the board off the table

Locotrader:
Note that insurance stocks are in a bullish season.Those who can't watch their stocks doing 100% to pullback can sell and wait for a new support.

If you can endure pullback,no need to worry.

For Loco who does not like to loose 1kobo profit always like to repurchase what I sold at a new support average down.

This week is a pivotal week for Loco.

This time around,no body should say Loco did this Loco did that.

Insurance is bullish oooo.
Trader/investor notice.
Two in one notice

chief, You've done well for many of us here.

I already vastly exceeded my target for the Month within 1 week, incorporating your picks.

austinkenneth:
They've now made it a FULL BID!

They are trying to do same thing to WAPIC. The guy also flirted with the idea that WAPIC was overpriced last week.

austinkenneth:
They've now made it a FULL BID!

@Streetinvestor2: well done on leading the sheeps astray

Veritas now in full bid.

Well done to the bloke who encouraged people to sell Veritals last week Thursday, friday.

Some buyers pushed Veritas’s price down last week probably to shake things up and take a position. Now, come Monday morning, they’ve flipped it into a near full-on bid.

It appears the same game is being played with WAPIC.

faoogoke:
RI listed this morning. Hum.. 44 characters reach?

any idea what the qualification date is?

As predicted by Loco, the insurance bull continues

Locotrader:
A beautiful new week my people.

You will find this interesting if you are in Japaul.

When you see analysis like this,know it's high time to dive in for a good ride.

Loco must help to build Nsempa Economy the way it will benefit all.

https://x.com/i/grok/share/pKzkchIARo1pp9exnl4FffUa9

I dont know how well poised Japaul is to exploit the international market, but Gold futures is at an all-time high - thanks to DJT

Property insurance to be made compulsory for property under construction and all public properties.

Tinubu pulling the right strings this year.

https://nairametrics.com/2025/08/08/8-insurance-provisions-in-nigerias-new-act-every-landlord-developer-and-property-investor-should-know/

Streetinvestor2:
Not my style. When I get down of a bus based on fundamentals. I don't look back.If in future the Fundamentals change for good that is when I consider the stock again.
The results has been in decline for full yr 2024 and quarters of 2025..I have been waiting to get down at #1.50 which It once touched so seeing #2.00 was God blessings. I no be Oliver twist

After reviewing some of the so-called "weak" insurance companies, such as Veritas Kapital, I noticed a trend: while financial performance (particularly return on assets) may be poor, many of these firms are not highly leveraged.

In my view, leverage not poor ROA alone is the key determinant of whether an insurance company is likely to exit the market during this recapitalisation phase. High leverage limits the ability to raise fresh capital and makes such firms unattractive for acquisition. These are the true high-risk candidates.

By contrast, underperforming companies with large asset bases and modest leverage could be prime targets for acquisition or merger, especially by firms looking to scale operations quickly. Why? Because:

Acquiring such a company offers instant access to a client base and market presence.

It may be preferable to raising capital from scratch, particularly when speed matters.

A stronger balance sheet can be retooled, but client lists and licenses are harder to replicate.

Raising capital is relatively straightforward, especially for well-run companies. What’s harder is growing a scalable client base without diluting return on assets.

Happy to know why you think otherwise.

Streetinvestor2:
Walahi the thing dey pain the guy reach heart..lol
619% appreciation

The bus is still moving - now @2.09. You can still join it.

VERITASKAP trading at above 2.01. Sorry to the bloke who dropped off at that bus stop.

Linkassure back on full bid!!

Guinea back on full bid!

We continue riding the wave today