₦airaland Forum

How sir?

That price is within the permissible range...

SonofElElyonRet:
Big people bypassing the market.... rubbish

Hmmm...

Raider76:
*OFF MARKET TRADE*

A total of *118,544,514 units* of *TRANSCORP POWER PLC* were executed as *OFF MARKET TRADE* today *JULY 9, 2024*, at *N413.00* in two deals.

The trade was a *NEGOTIATED CROSS DEAL* with *UNITED CAPITAL SECURITIES LTD* as both *BUYER* and *SELLER*

Copied

yMcy56:
OANDO touched 16.75 in a pullback briefly and immediately bounced back up to 17.35.....
Let's see how much it closed with.....
* Closed @17.35!*

Peter, you sure say you no dey among those struggling to enter the bus? 🤔
Make una dey push people small small for that queue o. 😁


ACCESS in more battle to move price above RI's....

Ding!

Wow!
Thank God you are still able to swallow garri nonetheless...

Agbalowomeri:
My 7 years life savings was swallowed by Union Bank😂

So you claim to have 20+ years of experience in the financial world AND you could make this statement (the bolded) ?

If I use my kettle wipe your mouth ehn...

SpaceX:
Hello, Good day to everyone. Before I introduce myself, I will humbly like to appreciate what I have seen so far reading every single post right from day one or post one which ever the case.
I'm Mr Steve Jimson a hedge fund manager trading with an asset acquisition accumulatively of over $3billion Dollar. I have a over 20 years experience in the financial world. My portfolio consist of vast investment in NGX insurance, Oando, flourmill, dansugar etc
I'm here to help people in finding a standard structure of investments to their portfolio, feel free to reach out to me on any questions regarding investments. I'm here for you.
I have helped over a dozen of people in finding their bearings in the financial world and all have seen and testified great improvement in their portfolios.
Like I say in the financial scene; investing with me is an unsinkable ship.
Thank you!!!!!

You speak as if you know the person personally...
Anyway kudos to them

Just to add, I'm referring to the MMs who could be working based on instruction not to allow a price drop

KayOn1:
He played by the rules of the game not "Manipulation".
The person did not go afoul of any rule or did he?

That is DEFINITELY a manipulation.
How do you explain over 20 trades of 99k...

Princkez:
TRANSPOWER has traded about 2m units today....

Been monitoring AIICO especially...

Locotrader:
Lots of activities in the insurance companies.

Aiico
Veritas
Cornerstone etc.

All are going up
In the next 12 months we will check how many trading below #1.

Call my name already...

naturalflow:
Some people are happy that oando is not on full-bid today again
That 9-10 junction must stand.

OandO

Just like a cheetah...

Ding!!

My belle o

yMcy56:
E be say your waist pain don go 😁
Shey na Garri una go take reason together?
These monikers na high class ones who didn't run from Market, and here you are still waiting for GT @17 .

Actually EXTREME Mood swing

Choiceguy:
Mood swing

TOE Way

Princkez:
UBA now #24

Currently @35.40

yMcy56:
NASCON
Seems some insiders have seen the Q2 result...
Quite some cross deals @34, then bids increasing....
Na this DS and NS I just dey expect positive things from.....

Payunsin:
The story is getting clearer.

Ding!

...

Payunsin:
I don't understand myself ooooo.
I will aim to buy fundamentally sound stocks, but will end up gambling and mopping veristaskapital and Oando.
I wan hammer quick, I pray I don't get hammered

Even 'abroad market' sef no straight...

yMcy56:
Bros take it easy o
Stocks don't go on straight line like that
Na Nigeria Market we dey.

Ding!

Streetinvestor2:
Another nice right issue. Right Issue that is more expensive than current mark price.This guys are doing well for minority shareholders..... madness is not only when you remove cloth

What was I saying earlier today...

PRESS RELEASE

NNPC Ltd Declares State of Emergency on Crude Oil Production
...Calls for Collaboration to Reduce Production Cost

In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.

Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this in a keynote address at the opening ceremony of the 23rd edition of the Nigeria Oil & Gas Conference and Exhibition (NOG Energy Week) in Abuja, on Tuesday.

“We have decided to stop the debate. We have declared war on the challenges affecting our crude oil production. War means war. We have the right tools. We know what to fight. We know what we have to do at the level of assets. We have engaged our partners. And we will work together to improve the situation,” the GCEO declared.

According to him, a detailed analysis of assets revealed that Nigeria can conveniently produce two million barrels of crude oil per day without deploying new rigs, but the major impediment to achieving that remains the inability of players to act in a timely manner.

He said the “war” will help NNPC Ltd. and its partners to speedily clear all identified obstacles to effective and efficient production such as delays in procurement processes, which have become a challenge in the industry.

On medium to long-term measures aimed at boosting and sustaining production, Kyari said NNPC Ltd. would replace all the old crude oil pipelines built over four decades ago and also introduce a rig sharing programme with its partners to ensure that production rigs stay in the country for between four and five years which is the standard practice in most climes.

He called on all players in the industry to collaborate towards reducing the cost of production and boosting production to target levels.

He expressed the Company’s commitment to investing in critical midstream gas infrastructure such as the Obiafu-Obrikom-Oben (OB3) and the Ajaokuta-Kaduna-Kano gas pipelines to boost domestic gas production and supply for power generation, industrial development and economic prosperity of the country.

On Compressed Natural Gas (CNG), Kyari observed that NNPC Ltd. has since keyed into the Presidential CNG drive, adding that in conjunction with partners such as NIPCO Gas, NNPC Ltd. has built a number of CNG stations, 12 of which will be commissioned on Thursday in Lagos and Abuja.

The opening ceremony of the NOG Energy Week also saw goodwill messages and keynotes presented by the Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais; Secretary General of the Gas Exporting Countries Forum (GECF), Engr. Mohamed Hamel; Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo; Special Adviser to the President on Energy, Ms. Olu Verheijen as well as the Chairman, Independent Petroleum Producers Group (IPPG), Mr. Abdulrazaq Isa.

NNPC Ltd. is the Principal Sponsor of 2024 NOG Energy Week Conference & Exhibition which has as its theme “showcasing opportunities, driving investment and meeting energy demand.”

Olufemi O. Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja.
July 2nd, 2024

KarlTom:
Exactly!

Dangote is a very shrewd business mogul.
If there is a regulatory loophole in his favour, he won't complain.
If there is a cover up somewhere in his favor, he wont talk.
However, if anyone does anything to harm his business, he will voice out and play dirty.

He seems to enjoy power and media play with his competitors. Recall the recent cement pricing war between DANGCEM and BUACEM?

Recently, he has spoken up about the IOCs frustrating his efforts with crude supply.
I'm sure there are many more cans of worms he will open before the refinery commences full operations.

He is a man with friends on both sides of the divide so it will be interesting to see how this 'drama' plays out...

I think NNPCL/FG has about 20% stake in DANGREFINERY and I believe that whatever agreement they signed MUST include steady crude supply...

mikeapollo:
Eterna Oil is a downstream (marketing) company and sells refined products in naira
Oando is an upstream company, and exports crude oil and gas for revenues in US dollars. If they are to sell to Dangote in dollars, it would affect the price at which Dangote can supply the local market.
Hence, govt may have to find a way to supply crude to Dangote in naira.
Companies that hitherto benefitted from subsidies may be negatively affected.

Maybe.
I read the news when it was released last year. I think only MRS and ETERNA are the listed companies of the 10+ that were engaged as major distributors of Dangote Refined Products...

Hold your kettle very well...

4willer:
Hello all, with the upcoming Dangote refinery take-off this month, Eterna Oil and OANDO are part of the major suppliers to the public. Would that positively impact their share prices in any way? It has been in the air for some time now...

Exactly!

Dangote is a very shrewd business mogul.
If there is a regulatory loophole in his favour, he won't complain.
If there is a cover up somewhere in his favor, he wont talk.
However, if anyone does anything to harm his business, he will voice out and play dirty.

He seems to enjoy power and media play with his competitors. Recall the recent cement pricing war between DANGCEM and BUACEM?

Recently, he has spoken up about the IOCs frustrating his efforts with crude supply.
I'm sure there are many more cans of worms he will open before the refinery commences full operations.

He is a man with friends on both sides of the divide so it will be interesting to see how this 'drama' plays out...

Agbalowomeri:
Have they resolved the crude supply? The date shifting is unending

nosa2:
Guy, I no dey understand all these acronyms

vacanci:
I always read but never ever understand. Could it be that most of your write-ups are for some people who u mentor outside exclusively on the art of understanding such?

Me i am not just understanding.

Maybe you need a book reviewer to help us.

make i buy or sell or hold and at what time frame. na the kind thing wey i dey understand easily be this .

iHaveMadeiT2:
Agba don change mouth and CP don appear, so it seems the worst is over

This is for Airtel...

yMcy56:
CORNERST


https://doclib.ngxgroup.com/Financial_NewsDocs/41589_AIRTEL_AFRICA_PLC-TOTAL_VOTING_RIGHTS_AND_CAPITAL_ANNOUNCEMENT_CORPORATE_ACTIONS_JULY_2024.pdf

Ding!

I also noticed that.
He seems to have a better focus now that garri has become more expensive...

megawealth01:
First time I am seeing a positive news from agba... I love your honesty