₦airaland Forum

i have nothing to worry about, im here for long term as an investor not just a trader, except something major goes wrong.

anyways, its normal to see a pull back after such a run in this case 30% in 3days. remember there is election fever in the market, so some traders want to hold on to every profit at the moment, so they can use it to rebuy cheaper.

Disclosure; na only 17m units we don see buy since, with a large chunk obtained at 20-22kobo.

ndidigood:
was about asking the same question.

yom2:
are u saying u don't believe in it again?

Soveriegn trust Insurance next to cool off. watch out for offloaders

im out of nem with 43% profit.
NB: apply due diligence. not a sell recommendation.

what goes up, must come down. final bonanza starts feb 11th.
nem might lose steam today. watch out

Information is power. Always learn and do your own research. Last week was a profitable week. This week has it's own pot of gold waiting to be picked. Shine eyes well.

You can't compare the Eps of then and now.
Zenith is a value stock and undervalued currently.
It's not just about buying stocks based on share price alone without checking fundamentals and projection.
Dividends payout is also an important measure.

stcool:
If you like stay and if you like leave... I am telling you from reliable source that don't tell people to buy now that its a bargain and prices will go up.

It won't happen, worst is if Buhari wins!

Note: I bought Zenith at 19 last year and have bailed out and you are telling people to buy at 21/22 that it is a bargain...

Buy for dividend YES, but capital appreciation NO.

depends on your outlook. i think its a good buy for the medium-long term. Their Revenue and eps has been growing solidly. also their right offer is listed at 50kobo per share, meaning the actual market price is greatly undervalued, i expect to see a short term rally that will induce shareholders to buy the right offer at a discount.

NB: Always apply due diligence. remarks above is just my personal opinion.

aremso:
Gurus,

sovereign insurance good to buy?

Sovereign Trust Insurance Plc has launched a process to raise N2.09 billion from existing shareholders as the insurance company seeks to beef up its capital base to position it in better stead for large-ticket transactions.

Under the rights issue, which is expected this quarter, Sovereign Trust will issue 4.17 billion ordinary shares of 50 kobo each at offer price of 50 per share. As rights, the new shares to be issued have been pre-allotted on the basis of one new share for every two ordinary shares held as at the close of business yesterday, Tuesday, January 15, 2019.

http://thenationonlineng.net/sovereign-trust-insurance-raise-n2-09b-shareholders/

this one wey this place dey quiet like this, be like say everyone don go market oh.

imagine. i dey vex sef, we never load reach
meanwhile, nem don give me +18% this week. mehn shout out to those with +30

Deadlytruth:
@Jideflash, that impatient person in STI is on his game again.

send them again, copy sec@sec.gov.ng in the mail

tritritri:
Why do veritas registra block ur email after replying you once ? This is the worst registra when you need your dividend.

my sovereign trust insurance who is doing this to me? i need more at 20kobo

saw this coming. its was customer acquisition strategy, time for them to markup

Northeastern:
INCREASE IN COMMISSION CHARGE ON STOCKBROKING TRANSACTION
We would like to first and foremost thank you for your patronage over the years; we are pleased to have been in business with you since the past 5 years, overcoming hurdles and challenges together in unison. We are optimistic that the best is yet to come out of this mutually beneficial relationship.

As you may be aware, MorganCapital Securities Limited has over the years remained active and featured among the Nigerian Stock Exchange (NSE) weekly top ten stockbrokers’ list; and in the spirit of giving back to the industry has charged the lowest commission in the entire stockbroking space not minding the ever-growing hurdles and challenges associated with expenses and operational cost. We had at inception introduced our unique commission of 0.25% contrary to what was obtainable in the market and this has remained so up until now despite the disproportionate rise in service expenses.

In order to ensure we continue to provide the exceptional services you have enjoyed over the years, we’ll be increasing our stockbroking commission charge on all clients’ transaction to 0.50%, effective, 1st February 2019. This clearly remains a deep discount from 1.35% charged by other stockbroking firms. We have also concluded plans to offer additional value-added services which centers around advanced research analyses which will most likely increase the chances of profitable trading while the algorithm trading features will be implemented within the year.


As you are aware, we have never compromised the quality of our services even in the hardest of times and we will endeavor to ensure this standard is not only maintained but continuously improved on.

 We once again thank you for your understanding and your continued patronage.

Regards,

ADEYEMI OLUMUYIWA

Managing Director/CEO

MorganCapital Group

Sovereign Trust Insurance 4.17billion Right Offer drops notification today.
1 Right share goes for 50kobo, at 2 ordinary shares for for 1 right share.

more details coming shortly

Omoyele Sowore speaking at the the Center for Democracy Development


https://www.youtube.com/watch?v=I2c5tb9OjUs&feature=youtu.be&a=

Can't wait for this kangaroo election to be over. Blood (red) everywhere on the stock exchange.

Those are robbers

na to port to morgan capital sure pass.

Who owns Primero Transport? Sole Operator BRT Lagos

Thanks Oga mi.

onegentleguy:
So ur firm is actually behind the CAVERTON official site.
...that's great.
That means u must be good at what u do.
Will see if I can help market u to a few friends.

Keep up the good work Mr Olajide !!

Regards.

Meritrade still down. i tire oh. guess market is even closed sef.

tritritri:
The bid/offer not showing properly

e fit reach? lol. me wey wan buy just 10% stake in my dear insurance company this year. please bikonu, help my career

Tolktob:
all these clients never do you ?

meanwhile. since trading is down. make i market my service small for here . I make great looking websites that are very effective in achieving your business goals at affordable cost. 50% discounts to my brother and sisters on this thread (i will check ur username) and 1 free website design to anyone running a NGO. visit fits.ng or whatsapp 08054015264
clients work include;
caverton-offshore.com
zovela.com
leenok.com
bon-digital.com
cleanerlagos.com

What a shame. imagine the joke they make of nigeria.

tritritri:
A whole NSE should have 2 different stuff/server or whatever encase dere is an issue with 1 .

Mcy56:
@jideflash, what is happening to nem now? I saw it at 2.11 and thought I saw bonanza price just for it to go down low again.

VFD Group, alongside Eaton Acquisition Limited, Three Seas Investment and Premium Green Limited have exited NEM Insurance Plc. Sources familiar with the transaction disclosed this to Nairametrics.

A combined block of one billion, six hundred million (1,600,000,000) ordinary shares of the issued share capital of the company, representing about 30% of the latter’s capital, was sold to new shareholders .
https://nairametrics.com/vfd-and-other-key-stakeholders-exit-nem-insurance/

So who are the new guys on board next investigation

leave my STI oooo. . i dey expect one alert since so i can load 15million units more at 20kobo.

see the old cabals with their analog vision for nigeria supporting the lifeless 1

WISE WORDS.

nem is a goodie goodie stock. but the issue is there is a hostile takeover plot going on, and the founding investor is not ready to let go. this one ehn, i dey observe much closely via a key player in this fight.

Mcy56:
@jideflash, did you notice Custodian's share price? Going up.
Just suspecting that NEM might give it a good run too if they keep turning in good performance. Noticed some huge cross deals these days, don't know what it means anyway, could be either way.

Mcy56:
Jideflash what is happening in STI?

We still dey observe ground. 32million+ shares traded yesterday.

STI added to the NSE Insurance Index.
https://www.vanguardngr.com/2019/01/nse-reviews-composition-of-market-indices/

Sovereign Trust Insurance Plc is targeting to surpass its over N10.1 billion insurance business it generated in 2018 financial year

Read More at: https://leadership.ng/2018/12/10/sovereign-trust-insurance-targets-increased-business-in-2019/

BRT sole operator , Primero Transport Services Ltd (PTSL) owned by Fola Tinubu

Lagosians be Wise this year

same thing i knew when caverton was 0.80k. time will tell

Mcy56:
What have you seen in this STI that others don't know?