megawealth01:
You dey laugh PETER ba?

Agba can confuse with post ehhnnn...
Where is Oga Mendes911?
Seems he's the one that can interprete his posts very well.

ARDOVA: Full bid @17.95....
CHAMPION: Full bid @1.12.......
J-GOLD: See vexing ........full bid @1.06.........
LIVESTOCK: @1.87 now!!
.

Abbasmh:
Hello gurus in the house
Please between afriprud, ucap, and UBA, which one is a better dividend stock to buy now, for medium to long term investment.

They are all good and better dividend stocks to buy.
If you're looking at picking one, then for me, I'll go in this order:
UCAP, UBA, Afriprud

ANALYSTS SEE SUSTAINED BULLISH MARKET TILL END OF Q1, REVERSAL IN Q2

"They however said, the yield environment in fixed income may not return to double digit despite the rate reversal, thereby making room for continued uptrend in equities"

https://www.vanguardngr.com/2021/01/analysts-see-sustained-bullish-market-till-end-q1-reversal-in-q2/

Some Stock Market Headlines:

STOCK INVESTORS GAIN N8.09TN IN ONE YEAR
https://punchng.com/stock-investors-gain-n8-09tn-in-one-year/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321296+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

NSE ASI CROSSES 40000 MARK AS STAKEHOLDERS LAUD PERFORMANCE
https://www.sunnewsonline.com/nse-asi-crosses-40000-mark-as-stakeholders-laud-performance/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321296+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

ANALYSTS UPBEAT ON ECONOMIC RECOVERY AS PRESIDENT SIGNS 2021 BUDGET
https://www.thisdaylive.com/index.php/2021/01/01/analysts-upbeat-on-economic-recovery-as-president-signs-2021-budget/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321296+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

Happy New Year To Everyone!
May all our good wishes and aspirations come true this year 2021.
Wishing us all a year full of abundance, fruitfulness, sound health and inner joy in Jesus name.

ojeysky:

No am not longer in wapco and yes I didn't make much off it, I didn't loss either, just saying BUA has such a huge margin from WAPCO which is not a good sign for WAPCO

It's okay then. Thought you again jumped in higher.

As for Wapco and BUA, you can't draw up conclusion just like that....many factors to consider.
They may be in same sector but with different analysis, sentiments, factors that can push them at different times, etc.
Wapco has done so well by moving from 8.85/9.00 to N25.......then back to 21.....that's over 100% ........the stock will need a trigger to again move the bus.
Remember Wapco just came out of the wood too.......think patience is required here.

moneymanager:
How can people be praising daily price movements that don’t hold. Predicting upward trends for stocks that are ending in daily losses.
Pls Oooooo. Am I missing something

....
Oga, didn't you see cross deal there?
Also, those were daily market updates, about what was on-going in the market. Different from how market eventually closed.

swilo:
If our gamble is right, it will go higher or it will be frozen and released when market pumping starts in January.

Yes, we don't know the shape it's going to take yet, could be pumping too.
The heavyweights may decide to do and undo, let them just do what will favour us most, at least 100% no bad nah. Lol.

longlife20:
It is too late to buy now, the price has moved over 50%. i see the price droping seriously after 31st December.

I got what you're trying to say here.

Some investors won't wait for reconstruction before disposing off their holdings once bonuses are added by 31st, thereby crashing the share price.

I think this is where bargain hunters should set their traps.
Once support is sighted after the assumed heavy selloff, then you key-in at cheaper price, then wait for reconstruction/post reconstruction period.
Those not yet in the bus but willing to give it a trial can join here.

We however can't categorically say that there will or there won't be heavy sell off.
Some may use the opportunity to buy more shares and increase their holdings, then wait for reconstruction to take place.

We see how it goes.........

OBAGADAFFI:
The price hasn't moved by 50%.
The price might drop after bonus distribution .

AXAMANSARD:
Your previous calculation was wrong as you were told.

As it is now, the post bonus price = 0.64kobo (share price marked down already)

Post reconstruction price will be multiplied by 4.
This will depend on the closing share price of Mansard a day before the reconstruction takes effect.

Share reconstruction will take effect on 9th February, 2021
For instance: If Mansard closed at N1 by February 8th 2021, the price will be multiplied by 4 and Mansard will open on 9th February as N4

TABLE 3:
No of shares held pre-reconstruction (or no. of shares post bonus issuance) (E) 3,840
Post bonus share price (F) ₦0.64
Value of shares (3,840 shares @ N0.64) (G) = E*F ₦2,457.60
No. of shares held post reconstruction - Basis 1 for every 4 (H) = E/4 960
Share price post reconstruction (I) = F*4 ₦2.56
Value of shares (960 shares @ N2.56) = (J) = H*I ₦2,457.60

Note: the actual price post reconstruction will depend on the closing price, prior to the day, the reconstruction is effected.

locodemy:
You and 2.30 eeh

Lol. Dont mind me.
It's 12.30.

Krisuba:
[quote author=Mcy56 post=973259
Have been trying to place buy order on Morgan .its giving me 293 order rejected!! What does that imply!!

Market closed at 12.30.
24th and 31st used to be half-day for trading.

OANDO:
Closed at 3.64.....
Is something brewing here or normal end of year pumping?

Was mentioned here sometimes ago @2.30/2.32......that it seems there are unusual activities there based on from observation.

**Just market observation**

Penboy:
Is it too late to enter?

I've mentioned Lasaco tired here as a penny stock.....since the time it was trading at 25kobo.
Quite a lot of activities there today. You may keep eye on it.
Mansard was discussed here too.......below N1.
NEM below 1.50/1.60...........Nem is a N2+/N3 stock on a good day. You can see that shareholders are not even willing to release it at markdown/current price.

cc: Ebuka1997

arduino:
Abeg publicize the Addy. You be NSEMPA property now. Nobody fit harm you.
Btw: Oga Osita chocs na python scripting language slang for latest Benz.
Congratulations sister.

Lol.
My brother, na God's property I be jare.

locodemy:
Did you check your post above?
@2.20

Modified. Thks.

igbonla:
@Mcy56,
Please oh, na only you waka come for some of us! You have no idea how helpful your comments have been to me, have been a ghost reader for long but coming out to reply you and commend your efforts. I am sure there are many like me here.

You have been amazing and gracious with your contributions even when you could simply disappear! Please make more noise here, it's music for some of us.
God bless you and add more oil to your lantern.

Thks sir/ma.
It's people like you and two good ogas that keeps me coming here till now.
I dont have biz coming here again.
Thanks for the good words anyway. Glad some Nsempas are benefiting from the noise making.
We see how it goes.....

locodemy:
Verify pls

Today is 24th.
It's half day.

megawealth01:
Madam mercy... Abeg help me with your searchlight on WAPIÇ... I have been loading it @0.40 for the past two weeks... Any hope in this HUGE GAMBLE?

Shebi you no wan mention am before.......me I already knew/guess it's Wapic nah.
No concrete info yet on Wapic.
Wapic is a range stock, used to trade at range......but with the recapitalization in vogue, let's keep watching out for any info that may be of benefit to investors.

Market closed for today @12.30......
@All, Merry Christmas!!
Enjoy your holiday!

afroxyz:


You no wan commit yourself before dem blame u

Na so.

ositadiima1:
U talk about somany things nah, how can a learner like me sift through and pick the super good ones?

But, Sis m, you know that in this business you are my enemy, I need to lose for you to gain, abi no be so.

Hehe, my omalicha Sis, I wont to send you a box of chocolates but I don't know ur Addy.

Chai!! My noise making is too much on this thread.......like say na only me waka come.
Someone actually told me in the past that "no be me own this thread", say my own too much. Make the person no worry, I don too tey for this thread self.

To your post: In this biz, I think there shouldn't be enemies if we all have good strategies and following it........it will just be a situation where you pass baton instead. I'm a learner anyway, you're my boss - old wine in new moniker........your lordship can make me learn more by expatiating on the statement.

Anyway, as for the Chocs, you can pm me nah.

NEM:
For the 3rd trading day, shareholders still carrying face.......
This company is supposed to fire their Market Maker (MM).
What actually is their duty then?

ZENITH!!
1.8B done so far........ moneybags at work.....

AXAMANSARD:
From the addendum sent:
** Bonus shares will be credited to qualified shareholders by 31st of Dec, 2020.
** Jan 6, 2021 - Application will be submitted to CAC for share reconstruction approval
** Jan 21, 2021 - Application will be submitted to SEC for approval
** Feb 9, 2021 - Share reconstruction will be effected

*** Inbtween, approval must have been gotten from CAC first, then SEC before reconstruction takes effect***

Penboy:
Is it too late to enter?

Who will bail me out oo.

I've been talking about this BUA since the days of CCNN. Gave 'buy' nod at 28/32 after merger. At 60 now, what you're asking me is a big test.
Anyway, BUA has shown resilience and still showing........The stock is getting set to give dangcem a good run, it's a good coy and a competitor to Dangcem.
If you can take the risk buy some. If it pullback, buy another tranch.......be buying in tranches.......but know that this is not a quick quick stock where you expect it to be jumping anyhow.........it's for medium to long term.

You can take your chances with flourmills if you can get at circa 25/26........something is brewing in that coy from the look of things .......

Also remember not to go in fully, this is end of year season and end of financial year for many coys, they'll be closing their books by 31st and there'll be lots of price manipulations around this time, just be very cautious.
ALTERNATIVELY, wait till next year Jan-Mar........Feb especially... .....we keep monitoring trend of events.....God willing.

Edited: I've not been following on Eterna.

ebuka1997:
Madam, I’ve been begging for a penny stock from you to enter, let me follow you chop na

I know I mentioned Royalex but it's yet to respond........I've been checking for updates on the meeting outcome of the board and plan to post once I get it, so people can know if it's favourable or not.

Also, it's always advisable for newbies to buy sound fundamental stocks. My ogas used to post stock picks before but not doing much now, maybe because of market situation.

If you want to play in the market, you can set aside certain percentage you can afford to risk, maybe 10%, 20% or 30% for trading .....depending on your purse. Deal with emotions, take the risk, jump out with little or no haircut if it's going southwards, collect your 10,20,30 or 50% if it's northwards and look out for another bargain, etc.
Megawealth posted that he already collected his capital + some gains in FTNCOCOA for instance, whatever units that are left is profit and to continue with the game......

So........that's it for now.

ebuka1997:
Madam, I’ve been begging for a penny stock from you to enter, let me follow you chop na

Na wa o. You made me feel like I was hiding info from you.
I've been posting these things here nah!
Before FTNCocoa was suspended and after suspension was lifted. The restructuring plan and market updates on how the market was/is taking-in the info, the reduction in debt, etc. I've been posting updates for Japaul too.

Some of these penny stocks are for risk takers, you know. It's difficult to just say go and buy. I can say for the fundamental ones but penny can be sideways and Mr. Market may/may not respond to the positive infos.

Also, you're somehow new here, that's why you don't know some things that had happened in the past.
Mentioning some of these penny stocks here is like a risk I'm taking self.
I'd came under attacks in the past and just have to be discreet in mentioning them.........some Nsempas can decode when I post some updates......I want to believe some take risks and accept the consequences too. Maybe you've also not been following comments here as well. If anyone ask me, I'll give my opinion.

Megawealth01 took risk in this same FTNCocoa.......it was trading at range 23-25 after suspension was lifted before it took off. Even myself posting it was skeptical at first....not like anyone is sure of anything.

The updates are for our info as well as a means to know market trend and maybe, take some calculated risks.

I don come back small to post link.

BUA Cement signed agreement with Sinoma CBMI of China to construct 3 new cement plant at Edo, Adamawa and Sokoto State:
https://www.thisdaylive.com/index.php/2020/12/23/bua-chinese-firm-sign-pact-to-build-1-05bn-cement-plants/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321278+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

NSE launches platform to ease public offerings' subscription:
https://www.thisdaylive.com/index.php/2020/12/23/nse-launches-platform-to-ease-public-offerings-subscription/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321278+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

ukay2:
Wonder why investors didn't buy Dangcem at N120-160.....

The stock stayed long at Circa 120, quite a lot got it below 120 self.

Let me come and be going, e be like say na only me waka come........