₦airaland Forum

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/

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...

Today's market is one of its kind!!

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

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

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...

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....

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...

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!

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.....

UBA and ACCESS are just so sluggish today...

lancee:
Fcmb don dey waka small small ..Seems the seller neva done yet

FCMB and FIDELITY.......
FCMB @5.95, FIDELITY @8.11....

Zagee:
I saw series of 90m from the onset. What is going on?

We will know later.....Power tussle possibly.....

More @19.....

ETERNA:
On offer yesterday, on full bid today @25.85....

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!!

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...

Zagee:
FBNH

No be small thing ......
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?

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 . Penny stocks to the world

@currentprice also identified Chams.....
Another catalyst....

May 03

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

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

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

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.......
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.

Btw: Well done to Oga OGG too.

@Loco I'm not talking about Census.

yMcy56:
Here: *Chams @33k
Look not at the size......

* Not any form of advice. Just explanation*

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.

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.
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.

* Post edited*

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.

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.

megawealth01:
OANDO, CUTIX, IB and Caverton do something na

🤔

Ajibade123:
What of access ma?
Still good to hold?

Continue to hold your ACCESS sir.

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...

- 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.

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.

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…

Very true. Thanks.

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

FIRST BANK
The Ogas are crossing today again....
Think anyone in FBNH that buys cheaper and sell now will have to re-enter higher...

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.

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....
Next mvmt should land it above 30 hopefully....
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.

goody234:
. yes i meant bull ....God knows where i get it from lol i sold at 72kobo

Wow!! From 48k buyout price!
This is another lesson on its own.....
You're just lucky anyway..
Oya send my own offering..

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...

goody234:
siddon look option this bear wahala

You mean bull?

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.....

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....