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Mcy56's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:45am On Jul 07, 2023
FBNH
* The cross dealer is still unknown, but yesterday's volume was so significant that it mustn't be hidden....
* Speculations have it that maybe one of the substantial shareholders is increasing his stake, or maybe he's consolidating his shares.......or maybe some power tussle competitions for control of the bank is ongoing behind curtains.......
* We'll know in coming days....

https://nairametrics.com/2023/07/06/fbnh-hits-10-year-high-as-insider-crosses-over-4-billion-shares/
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:34pm On Jul 06, 2023
ositadima1:
FBNH will go back to below 11.50 by June next year, and so will many others. I will remind you of this post. LOL.
Lol. It's Ok.
Try and remind me, God sparing us all.....also try to remind if it doesn't go according to your prediction.
Before then, make we enjoy the rally first... smiley

13 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:09pm On Jul 06, 2023
Today's market is one of its kind!! shocked

FBNH volume and value alone is up to or even more in some cases than the overall market value!

CONOIL, MRS, ETERNA...made the 1st five on +10% gainers Table!!
Quite a lot of stocks that appreciated in value!
54 gainers! Massive!

The story of First Bank's transformation under Adeduntan's leadership
https://www.google.com/amp/s/nairametrics.com/2023/07/06/the-story-of-firstbanks-transformation-under-adeduntan/%3famp=1

3 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:27pm On Jul 06, 2023
LEARN AFRICA
Final Dividend: 0.25k
Qualification Date: 8th Sept, 2023
Payment Date: 26th Sept, 2023
Registar: First Registrars
https://doclib.ngxgroup.com/Financial_NewsDocs/38923_LEARN_AFRICA_PLC-CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACTIONS_JULY_2023.pdf

RED STAR EXPRESS
Final Dividend: 0.15k
Qualification Date: 18th Aug, 2023
Payment Date: 15th Sept, 2023
Registrar: APEL
https://doclib.ngxgroup.com/Financial_NewsDocs/38916_RED_STAR_EXPRESS_PLC-CORPORATE_ACTION_CORPORATE_ACTIONS_JULY_2023.pdf

UPL
Final Dividend: 0.10k
Qualification Date: 5th Sept, 2023
Payment Date: 21st Sept 2023
Registrar: Greenwich
https://doclib.ngxgroup.com/Financial_NewsDocs/38900_UNIVERSITY_PRESS_PLC.-CORPORATE_ACTION_CORPORATE_ACTIONS_JULY_2023.pdf

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:13pm On Jul 06, 2023
jideflash:
remember someone mention a potential merger of dang sugar and nascon to form dangote foods.,
make we dey see.
You're right...
What is possibly driving both may likely be more than financials.......but we don't have the facts yet..
News/rumour tends to influence much more...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:05pm On Jul 06, 2023
megawealth01:
I won't advice you to buy wema sha... That price is a reconstruction or something
Actually, it depends...
* Also depends on how Mr. Market views it or is favourably Sentimental towards it......

* WEMA @5.39 is around N1.35 as at today....
Paid 0.30k as dividend....which was 0.075k/N1.35k share (pre-reconstuction), which is not bad for a coy coming up.

However, if an uninformed person should compare it with FCMB @CP, he/she will want to go for FCMB because of the consistency in div payment and div growth over the years, higher revenue, higher PAT, etc...

** To me, both have their unique chacteristics sha and have tendencies to respond to the forces of demand & supply.

FA gurus can shed more light on the financials....
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:35pm On Jul 06, 2023
reucom:
This is getting interesting isn't it?
Lol. You can see more reason you needed to exercise enough patience here.
FBNH is getting serious attn @19...
.....and IF it's Otedola that is increasing his stakes, then expect FBNH to go up the more....

* More than N86 billion transactions done so far......
Or....maybe it's the Foreign Portfolio Investors sha....we don't know yet...

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:37pm On Jul 06, 2023
megawealth01:
The ogas are inside penny stocks two years later... I was the most attacked by even loco
Lol.
You know that your own no dey get any reason to back it up at all...

Which year's post did you copy/paste? Lol.
The post must be some years back when GTB first rallied......before it fell all the way from 34/38 to 16.80/17......
Now it's back at that arena! Wow!! NSE! grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:35pm On Jul 06, 2023
Ginalex:
I jumped in yesterday. I consider it a "baby MRS or Conoil"
MRS @90!!
CONOIL don dey gbe body enter 100+
Las las ETERNA go close the gap the more..... grin

UBA and ACCESS are just so sluggish today...

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:13pm On Jul 06, 2023
lancee:
Fcmb don dey waka small small ..Seems the seller neva done yet
FCMB and FIDELITY.......
FCMB @5.95, FIDELITY @8.11....

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:41am On Jul 06, 2023
Zagee:

I saw series of 90m from the onset. What is going on?
We will know later.....Power tussle possibly.....

More @19.....

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:34am On Jul 06, 2023
cryETERNA:
On offer yesterday, on full bid today @25.85.... smiley

TRANSCORP: @3.71......moving up gradually again.....

JAPAUL 1.01, CHAMS 1.06, CHI 1.18, UNITY 1.48.....full bid....
Univinsure @25k...

FCMB: 5.80 ......5.90.......5.94....

NASCON......@21!!

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:32am On Jul 06, 2023
Yoast:
Money bags alert!!!
Someone just scooped over 42 million units of FBNH
42 million or 2.4billion units? So far .....
Over 4billion units eventually...

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:23am On Jul 06, 2023
Zagee:
FBNH shocked shocked
No be small thing ...... grin
Over N20B spent in cross deals within the first 5mins that market opens.....
As at now, over N35B done......N37.5B.....N43B....N44B......N70B.....


Who is crossing to who? Who is buying?

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 8:43pm On Jul 05, 2023
Ginalex:
Yes I remember this post well. Loco, I know you're reading this. Thank you for all you do again and again... I'm a fan sir grin. Penny stocks to the world grin
@currentprice also identified Chams.....
Another catalyst.... smiley

May 03
currentprice:
is the Chams u have identified thru ur real-Itrade TA grin

though am not buying but buyer will make good money, not strong enough to my taste as am still searching for my own taste for the year cheesy cheesy

** Pls note that these posts were made when Chams was selling @circa 30k and below **

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 8:16pm On Jul 05, 2023
Ginalex:
@Mcy56 my reason for buying CHAMS...

See below post on May 01. Had to go search for it....
Can remember also giving credit to OGG and Loco as well.
The news of the Union Pay is one of the very good catalyst identified.
yMcy56:
Good one from Chams....... smiley
We hope Mr. Market respond well to the result.
......but that's not even the main I'm looking out for for now........the real catalyst.....looking forward to it. wink

Btw: Well done to Oga OGG too.

@Loco I'm not talking about Census.
yMcy56:

Here: *Chams @33k
Look not at the size...... smiley

* Not any form of advice. Just explanation*

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:56pm On Jul 05, 2023
Ginalex:
@Mcy56 my reason for buying CHAMS...
Good!

Pls note that I didn't say anything was wrong Sentimentally with those stocks.
- If you'd followed my posts on CHAMS with Loco as well, you'll see that I'd mentioned a "catalyst" needed by Chams to blow aside the fundamentals and good biz mentioned....even long before it started moving.

* Pls note that my response to that Oga has to do with "Timing"
He wanted a stock to enter and make profit within 1wk or 2 Max........I'd waited to see more inputs and advice on it but only Osita and Oga BBM replied him.

He may end up been lucky to enter while any of the stocks continue to rise.......but he didn't make any "Plan B" from his posts......
This is a market that has a mind of its own even for any other stock for that matter, so I expect him to be enlightened and not for someone to wait so as to blame anybody.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:18pm On Jul 05, 2023
ogoo4real:
@Mcy56 Make I run from this penny stocks right??
My Oga, pls don't put words in my mouth. I didn't say anything o. grin
Besides I'm just a learner here pls....God is the great Boss, while we have quite some other bosses we learn and look up to here as well.

Just pointed it out so we could get varied opinions and imput on it. Not saying they're bad...but why will you just be looking at them now and within short period?
** Most importantly, pls know that NSE is not a get rich quick place! One or 2 weeks is more like gambling to me**

Can see that Oga BBM already gave his advice as well.
Just want you to get more varied opinions, especially on the timeframe, thats all.

@BabsO2 thanks for your imput on FBNH as well.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:58pm On Jul 05, 2023
* Post edited*

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:39pm On Jul 05, 2023
reucom:
Thanks for following me in this FBNH matter.
I intend to sell after all these years to be honest but all I'm trying to do is to keep a tab on the situation of the market so I know when it is safe to sell.
The last thing I want is for the bloody stock to start going backwards again if you know what I mean.
I do appreciate your advice and thanks to you all.
If you're not in urgent need of the money, then you can just leave it.....and buy more to average down the cost price should it pullback again.

- First Bank was coming from N3 and as at today, it's trading above N18!
- Meaning something positive must have been happening there and the stock is on right path.
- Dividend is increasing gradually after coming out of the wood, revenue is increasing, billionaires interests are on the increase. More good things seems to be happening there.

My area of concern is mostly in you not selling it at loss, then regret the action......if you MUST sell however, make sure you're channelling the fund to the area where you can get maximum value for your money.
My humble opinion.
* Sorry I'm not the figure quoting type. Maybe our fundamental gurus can help you out with this.

2 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:32pm On Jul 05, 2023
essentialone:
Urgent advice needed on FIDSON
Sell off now before QD or Hold for the dividend.
Will I get trapped in it?
These our ogas will not respond to this type of question o.
If you buy below 10, you can collect your dividend and sell thereafter.
Though I'm not following FIDSON and don't know the sentiment driving the share price up.....it's just an opinion.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:16pm On Jul 05, 2023
megawealth01:
OANDO, CUTIX, IB and Caverton do something na grin
🤔
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:13pm On Jul 05, 2023
Ajibade123:
What of access ma?
Still good to hold?
Continue to hold your ACCESS sir. smiley

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:10pm On Jul 05, 2023
Ajibade123:
Sorry for disturbing you ma

Please is there any I can use to edit the PDF and add the passport image. I am really finding it difficult to edit the PDF
I missed out "print it" in my response to you... smiley

- Download the Form, print it out, fill the printed copy with pen and scan it back in JPEG.
- When you want to scan, place your passport in the passport column, it would be scanned together with the form.
- After scanning, name the file and upload (attach it) in your email reply to Morgan, attach other required docs as well, then
- Send.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:04pm On Jul 05, 2023
reucom:
Thanks for sharing
I've seen quite some posts from you on First Bank.
They've mentioned averaging down to you, if you're bouyant, you could have buy more to average down your cost price so you can enjoy the price rally.

Think this would help you much more, and seems like the best bet.......because if you sell now, you'll still sell at loss considering your purchase price, which was N30.....

As you can see, FBNH is moving up against all obstacles. It was discussed extensively here sometimes ago.
You've kept it for so long, the best thing is to just leave it, concentrate on other ones and average down if it's in your power to do so.
My humble opinion.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:16pm On Jul 05, 2023
Coolcash1:
Oh, my bad! I thought it was Japaul you were referring to with the guy. I don’t have courtville but Japaul.

On my promise, you know me already nah mercy. I am a talk and do person. You can confirm this. Trust me, I will definitely reach out to you by then… grin
Very true. Thanks.

He was referring to Courtville not JAPAUL.
JAPAUL will enter N1+ smiley

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:14pm On Jul 05, 2023
FIRST BANK
The Ogas are crossing today again....
Think anyone in FBNH that buys cheaper and sell now will have to re-enter higher... smiley

5 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:56pm On Jul 05, 2023
Coolcash1:
No it is not luck mercy but due diligence. He did his homework well and took an informed investment decision.

Yours truly is also sitting on over 200% profit. When I finally disembark the bus I will dm you so that I can send you Henny’s money to hold body.
Lol. Na promise be that o.
But you know why I said it was luck? It's because if SEC had given the approval for 0.48k buyout price before the coming of the bull, then possibility of Courtville to have finalize payment arrangements as well as commence payment is there.
......but you may be right after all.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:45pm On Jul 05, 2023
ogoo4real:
They should be profit takers I think.
Could be......
At least I still have my hopes up......in as much as CONOIL, TOTAL, SEPLAT, MRS are going up, hope dey.... grin
Next mvmt should land it above 30 hopefully.... smiley
That was how it relaxed at circa 14, only to commence the journey to this point again....

Btw, someone is busy accumulating Transcorp @3.63.......maybe one of the directors..... corporate news on insider dealings will shed more light on this.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:39pm On Jul 05, 2023
goody234:
. yes i meant bull ....God knows where i get it from lol i sold at 72kobo
Wow!! From 48k buyout price! shocked
This is another lesson on its own.....
You're just lucky anyway..
Oya send my own offering.. grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:21pm On Jul 05, 2023
goody234:
i have finally sold my courtville shares i was tired of waiting it was showing a good jump ...looking for a good stock i might go back to my bank shares
Did you sell above 60kobo?
If yes, then I envy your patience o...you made a good call there... smiley


goody234:

siddon look option this bear wahala
You mean bull?

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:15pm On Jul 05, 2023
Lots of volumes ongoing,..... especially in banking stocks, NB, Transcorp, FCMB,.....

GTB @35.75
ACCESS @18.20
UBA @13.20...

This COCOA don dey turn to win.ch for this market..... grin

Meanwhile, Japaul and CHAMS are on full bid since market resumed.......JP @92k, Chams @97k .....

CHI-PLC @1.08...wish that bros had exercise small more patience.... sad

1 Like

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