₦airaland Forum

STANBIC is vexing.......
Sighted @74........but waiting for 100knbulknyo move it officially....

ACCESS better deliver too......
Let dem not come and spoil the good works of UBA...

Yoast:
Mcy, help us decode this one. Thank you.

Lol.
@Currentprice we needed more tips.

If it's popular.......haa, we have plenty popular stocks but I suspect 3 or 4 sha, he needs to narrow it down for us.
- If he says Q3, then it's likely not VITAFOAM, cos Vitafoam's year end is Sept, so we are expecting Q4....
- Other suspects,L: UCAP, TRANSCORP or one other one.......

* There's much volume in TRANSCORP today......Lots of activities and cross deals at 6.20 currently.......Went as low as 6.01 earlier....

@CP, we awaits more clue....

DANGSUGAR
These insider guys, one can never know what they're up to most times..,..

From the look of activities.....on one hand, it seems someone or an entity is trying to board the bus cheaper, so they're trying all they could to depress the share price so as to enter cheaper, till they get their fill.......Or their clients mandate filled......
On the other hand: Do they know what we don't know yet?
... though the first is looking more like it.......lol. this is based on observation and not TA or SA.

With time, we will know what they're up to.....

** From 54, they've taken it up to 57.20 again.......

** UBA: 235M units done in transactions so far....... currently @16/16.05......16.30......16.50.....
N4.3B staked here so far.....N4.7B.....
Nbst.....

@Mashai
You're just mentioning physical appearance in the broker's office. What of people that live very far away from the broker?

There are quite some brokers that you don't have to visit their office before you get everything done......via email and phone calls.

This is another area I give kudos to Morgan, I've never stepped their office for once before, and I don't have any issue transacting with them till date.

newreality:
Please I already have a CHN & CSCS Account, how do I go about opening a CSCS online account??

Visit CSCS registration portal
Be sure to read the FAQs before registering too.

https://portal.cscs.ng/home/register

@Newreality

I doubt if it's stockbroker you registered with.
If it's a broker, then check the details on the contract notes sent to you, you'll possibly see your details, including your CHN and CSCS account.

More details may still be required for your issue.

I think you should just find a way to open account directly with another active broker, then find means of selling your holdings with the current one, then request for withdrawal, which you can them move to a new one.

Well for your question, here's SEC email:
sec@sec.gov.ng

Btw, don't mind me for saying I'll take it to SEC DG o, was only joking.....but anyone with concerns that has to do with SEC/CSCS is free to email them.

UBA
Profit takers activities.......
Opened on full bid @16.65........

That's one thing with banking stocks, if it were to be other sector, the full bid would have lasted for at least 3 days to a week.......
But UBA is still going up anyway.........when they're done taking profits, they'll start jumping back in....
I think anyone in UBA should not join them to sell, you may end up picking it higher again....

^^^
Lol. So una plenty like this?

If to say someone had answered him, you would have allayed his fear and wouldn't have thought he was scammed.

@Ogunjide2004
You sounded like a rep of Meritrade. We expected that broker's reps should also be in this platform to address people's concerns, especially sensitive ones.

We know Meristem is a very big firm, but your customer relations is very poor!!
If you had replied him, he wouldn't have come online for it to be addressed.
Try and communicate this to your management, that you have terrible customer service and there's the need to sit up before some people starts to pack their bags and leave your arena.
Ask some popular big brokers that are now begging investors to come and open account with zero fund today....

@Crownprince , you too calm down and give them time, if your concerns aren't addressed in another week's time, escalate it here so I can personally take it to BAT and SEC DG for you.

Blvd we can now face our biz here....

UBA
I told my Oga that the full bid there today almost reach top of killimanjaro........

To even say that this stock was begging for buyers @13 at some point yesterday!
When I saw the offer @13, I told someone to pick, that it was an opportunity, but he was expecting it to pullback to 10/11.........today even his bid number @15.15 didn't make the first 100 on iTrade

UCAP also did so well, maybe due to the released circular or bulletin.

SUGAR, SALT, ACCESS, and some others on full bid.
OANDO closed on full bid @10.15.......went as low as 8.30 from profit takers.....and gradually started climbing back to close on full bid...it's well.

Thanks to Oga CP, OGG, Aj8, and others that sighted this stock and recommended it for pick here. 🙌

@fortunebest
Thanks so much for your best wishes.
I so much appreciate the prayers and wish you same.
When someone prays for me like this, it makes me happy. I say a big Amen to it.
May God continue to prosper the works of your hands and continually shower you with mercies from on high IJN.

Thanks to all those that showed concern too.....
@CP I sight you. Thks.

The b.o.t banned me because I replied to an enquiry here...... @Seun needs to do some upgrades on NL.

On Meristem......

I wonder why those recommending this broker on this forum kept mute on the complaint of @Crownprince2017

I've been following the complaints up to see if they'll offer him any better advice on how to go about recouping his trapped fund but none of the users was of help.

@Crownprince2017 , I'd wanted to warn you against opening account with Meristem due to their very poor customer service, but make e no be like say I dey spoil them.

For newbies, don't just go with any recommendation on this platform, try and carry out proper research before going with some of these brokers......

Lol. Here's Mcy using this handle again after quite sometimes.....I come in peace, not with vawule.nce..
E Ku Market oni o.

lancee:
On another level fbnh..with the way this is going

Uba closing up to access

TRANSCORP: Full bid @4.13!

UBA is sluggish. Maybe they're trying to hold it down till they accumulate finish anyway.
Though it's trying to fight back...

lancee:
Hehehe smart sis ..why i said we go see how far
Not a buy or sell recommendation o
I no be mr mkt ..the ones i don sell early still dey make my leg shake once in a while as bull continues

More cross deals @20

lancee:
gtb and zee on their way to 40 ..we go see how far

Lol.
Make I edit before someone quotes me.....we see how it goes..

Btw, any risk taker can pick some UNIVINSURE, it's getting serious attention since market opens....

*Pls note: Risk taking! Based on the volume!

BullBearMkt:
Could it be leading the way for GTCO & Zenith?

Boss, na serious something..

Deadlytruth:
It would be recalled that prior to Otedola's invasion of Transcorp shares, Tony Elumelu had at several instances invaded it but the resultant rally wouldn't last beyond two trading days before it would begin to drop again thus causing regrets among those caught in the trap and others like me blacklisting Transcorp as too slippery for SA pick. I recall one monicker here who always so got his fingers burnt in all those ephemeral Transcorp rallies tied to Elumelu that he renamed it TRANSCORPSE. If Otedola could hold Transcorp to a sustained rally which eventually didn't reverse, and also having once carried Forte Oil from N8 to N320, then his presence in FBNH now might just signal something big ahead.
Caveat: Just my S.A. backed imagination and not a recommendation. Thanks.

LOL. Peterichy...

STANBIC @63.65!!

IYGEAL:
Oga Intendy.

I remember when Oracle suggested he should get new long list for New Highs.

He said a stock would post massive losses but will be doing 10-10 percent upward

Honestly, Oga Oracle predicted all that is happening now long ago....
He doesn't have control of "time" or "when".
No one can time the market.

* LEARN AFRICA:
Waiting for 100k single unit to move...

* Why is Royalex not joining this bull?
I'd thought that s should be the right time to move the price for the right issue stuff self.

veecovee:
Pls give me that Morgan phone number that goes, the ones I have here are all not available

I learnt the landline isn't working....
You may try this: 08107596134

Or better still, send email to: yemisio@morgancapitalgroup.com
She should reply you sir.

Ginalex:
Please can someone share the scheme document for Ardova share buyback please?? Any link I can download it from please 🥺

Updated link..
https://doclib.ngxgroup.com/Financial_NewsDocs/38725_ARDOVA_PLC-OUTCOME_OF_COURT_ORDERED_MEETING_CORPORATE_ACTIONS_JUNE_2023.pdf

You can view more docs on Nigeria listed coys here:
https://doclib.ngxgroup.com/Issuers-section/corporate-disclosures/company-results

FIDELITY @8.90!
FCMB @6.65!
UBA @14!
TRANSCORP @4!

Chai! No be small funds o

Who come do OANDO like this?
It would have been flying by now..

megawealth01:
You have joined us lovers of penny stocks

Lol. I surprised when I first saw his post on penny stocks o....not today's own alone.

Deadlytruth:
Exactly.
Otedola's name might just be the SA fuel. Imagine a volume of over 4bn in just a day.

Seems they're arriving small small...

*Pls no one should take as any form of advice o......just following what's happening in market*

Deadlytruth:
SA in action

Once the news is confirmed that it was Otedola that increased his stakes, then we'll see SA in action well well.

The first time he bought, we saw how investors reacted to the news.

We saw how he moved Transcorp from 1.35 to above 3......and TRANSCORP hasn't go back to 2 talkless of N1 since that time.

seyisanya:
Lol. He's probably with Pa Buffett in the US. He'll be back when the bear visits to tell you all ''I told you so''

ositadima1:
I am not interested in FBNH, but I will buy a few units at around 11.55 just to show you when it happens. lol

Ok.
There's nothing impossible in this market.......so says my bosses.

JAPAUL @1.11! CHAMS @1.16! UNITY @1.62
CHI @1.29! ETERNA @28.40! UNIVINSURE @27k!
LEARN AFRICA: @3.84! Well deserved I think.
FCMB @6.65

.....all on full bid...
*Caveat: not any form of advice*

By the way, where is @intendy? ....and he's been coming to NL.
New highs surfacing everyday!

FIDELITY: Rising to the challenge from FCMB?

* This could be one of the news influencing market positively again...
https://www.vanguardngr.com/2023/07/tinubu-suspends-finance-act-halts-5-excise-tax-on-telecoms/

* I posted one few days ago, that got my 2nd handle banned....

ositadima1:
Some of these moneybags act on a whim. They don't reason at our level when moving their money. FBNH was selling below 12 for a very long time, up to one or two months ago. Only for the big investors to remember that FBNH existed at above 18. LOL

What I'm saying is that we can play it in the short term and make some money....

Like you said, they don't reason at out levels. Exactly!
The more reason he can pick at the time he saw value in it.

@currentprice used to say something: that he doesn't mind buying a stock higher in as much as he sights value in it......he may not buy a stock @20k, but may pick @40k once value is sighted......

That was how some people missed the bus @7, @8 and @10......with the hope that it will come back to 4......today, they're still waiting....

Osita, don't come and ask if it's good for pick @30 o. lol.

Btw, FTNCOCOA @3.19!!

FCMB is vexing.....6.65!

onegentleguy:
On FBNH's huge volume of cross deals and intra-day mkt trades, I've been informed that the name behind the deals is Sir Femi Otedola.
A total value of over N87.8B was put in the bank yesterday.

...Likely scenarios;

• Current positioning may likely take his stake to within 10% or above and ensure broader board control.
On that backdrop, there's a possibility some select board members of FBNH appointed by the former CBN Gov, Mr Godwin Emefiele will be dissolved with names loyal to him brought in.

• He's mopping up additional stakes to wade off competition from fellow BoD rep Billionaires, Oba Otudeko, The Odukale's of Leadway Ins... but particularly Sir MA the Conoil/Globacom chief.
Selah

Thanks Oga OGG for this insight.
Means there's more good times ahead in FBNH.
The Oga will do the needful and move the price up at the right time.......he can't pick @19 and FBNH will now sit at same spot.

Btw, my thoughts and prayers are with you.
Pls take care of yourself and don't hesitate to speak to trusted person on whatever the 'challenges' may be.
The LORD will be with you and see you thru IJN.

Bull resuming today.......as sighted this early market hours.....
- With some stocks on full bid...

Nigeria stock market said to have been undervalued:
https://guardian.ng/business-services/nigerias-n33-trillion-stock-market-undervalued-trading-at-discount/

ositadima1:
Remember that when someone is increasing their stakes, someone else is reducing theirs. For every buy, there is someone selling, and if that someone is willing to sell loads of it, it doesn't necessarily mean that there is a commensurate increase in fundamental value.

I am no expert, but I would prefer a stock that is moving up with little volume. At least we know that the majority agrees that it holds value, and the few who sell want significant returns for giving up their position.

..but do you factor in the premium price that might have been paid?
Yes, someone else may be reducing and pocketing cool gains on his/her stakes.