₦airaland Forum

swilo:
Initial nominal value per share is N0.50 before reconstruction. Afterwards, it will be reviewed up to N2.00

Okay thanks.
Going by this, then I think buying above 2 doesn't make much se.nse.........below 2 should be ok.
Some people won't look at the details but just jump into the bus because of the mouth watering bonus.......
.......but I thought reconstruction price should favour investors more?

locodemy:
Do you think I did not jump out at the right time?
Stock I bought at 2.05/2.08 and sold at 2.36.
Do you think heavy sellers will be able to sell high tomorrow?

You did well .......afterall na JIJO.
It's better as you make your gain and moved, no one can predict the market accurately these days.

locodemy:
We don move to Sterling bank.
We just finished the last mopping at 1.95 this morning.

If this fails,we go into the batch B mopping at 1.85 to sell the Batch B at #2.

Batch A also look promising if Fidelity bank will make a move.Target exit price is 2.25.

Loco be careful of Sterling at that price junction......its still a bit high to JIJO there.
Besides, market is somehow dull and flat at the moment

Sholapey:
You told me to sell which I did. But my village people also told me to reenter the next day.

Power of remote control

OBAGADAFFI:
The market will price it down.
Remember C I Leasing, after reconstruction the price came down.

You may be right.
Reconstruction most times have negative effect on the share price of the coy...........
I wont advice anyone that didnt enter the stock at around 1.50 to go into it........................again, I may be wrong, there may be exceptions, but for insurance, there's always apathy to the sector............. its just my opinion anyway.

cc: Swilo

locodemy:
My attention not yet drawn to International brew.
Looks like a Jijo stock too

Loco see Neimeth today.......
You rushed out too quickly
Sterling price at your jijo junction seems a bit high to me............

Market is somehow dull today.....

swilo:
Mcy, what do u think about Mansaard? I hate the science behind bonus shares but I would like to understand it too.

Boss, I'm still trying to figure it out.

Now: For 7units, 10 will be added = 243% increase.

Bonus: For instance: 100,000 units will become 243,000units
Reconstruction: 243,000 / 4 = 60,750units
Price: Will be reviewed up ...................after reconstruction price is what's still a bit confusing to me........

...........but how did you arrive at N2 in the first place? This should throw more light on it.

Make Una no mind my calculations o, correct if im wrong........

[quote author=longlife20 post=96462311][/quote]Thanks.

debeey87:
Formerly Omoluabi Mortgage Bank . Seems they did change of name.

Thanks.
As Aregbesola don commot as gov nah.

OBAGADAFFI:
http://www.nse.com.ng/Financial_NewsDocs/31967_AXA_MANSARD_INSURANCE_PLC%20_NOTICES_OF_EXTRA%20ORDINARY_G.pdf

Thanks Bro.
Those guys are wise. I can see why you said they're trying to mess with investors mind.............

I came across new company on NSE not long now.............
Livingtrust............a morgage bank.............
Maybe they just moved it to Eqty from Watchlist. ................
Just for info purpose only.

debeey87:
Didn't people read that document very well. Only members with names on the register as of 23rd November, 2020 qualify. Wonder the rush to buy after the date sha

Cant get the document.
I knew of NEMs, which is 23rd Nov.
Can you post the link to that of Mansard. Thxs.

locodemy:
So you are now among the "pay" masters.....?

I never learn to that level.....
Who are the "pay" masters?

Market is on green level this early trading hours........
Mansard getting positive attention on the announcement of 17:7 bonus issues.....

OBAGADAFFI:
They are doing JIJO too early.
Oga Loco, please tell them that JIJO is not for newcomers.

Newbies should stay away from JIJO!
It's not an area for beginners but for pros.
A lot goes into Jijo-ing more than you think, it's not only about buying or selling alone.
Some professionals handles it like a career.
When you're Jijo-ing, remember you're also trading together with the professionals who are more experienced and are in possession of many tools necessary to carry out the trade successfully more than you are.

Chai!!! See as Mcy is just dishing out info offhand like a pro. Lol.

locodemy:
Will turnaround happen overnight?

Loco I didn't say anything about overnight turnaround, this takes time but gradually it will continue to have positive impact on the coy. It's just my opinion anyway, I may wrong.
I remembered when I mentioned that acquisition of Savannah Sugar was a plus to dangsugar, it didn't happen overnight but we can all see the positive effect on the share price thereafter.
That's the kind of thing I implied.
Like I said, I may be wrong.

Sholapey:
I paid over 4m in school fees few days ago. Be kind to pay yours too

How come?
You guys still needs more learning on patience sometimes.
What happened to you averaging down?
As an investor and trader especially, you need to deal with your emotions, have a personal objective on why you're investing and decide the type of investor you want to be.
Understanding this will assist you to make some better investment decisions.
Stock market is not just about the Bull alone, but also about the bear. About the operating environment and it's economic situation.
Make I stop there, I wan go market.

NB: I'm really learning some things from the book " How to Day Trade For A Living" courtesy of Coolcash1 (and few other books anyway)
Thanks Bro.

Makamoney:
Please House help a novice, i'm in Unilever bus, what would likely be the impact of border opening on Unilever stock?

I heard on air today FG is on the verge of reopening our land borders.

From my newbie's understanding, it's a positive news for Unilever.

Our "Monkey" led on the volume chart in today's trading and closed on full bid......
Followed by Zenith, Access, UBA and then, FBNH.
I posted this so that Nsempas can know others are buying since they aren't.
Na global market.
E Ku Today's Green.

IYGEAL:
Which other portfolio analysis could you not find in their Portfolio Valuation Summary?

Very glaring he didn't explore the site well enough to know Morgan has a robust platform.

cucumbar:
what’s FA/TA

FA - Fundamental Analysis
TA - Technical Analysis

Each stock as you see them on the exchange (NSE) are subjected to FA and TA analysis by the stock experts based on various factors including their quarterly and yearly results to be able to know how healthy they are financially and otherwise (FA), TA to be able to know entry/exit point at a given time.
You needs to get stock investment books and be reading.
Also, most of these questions have been answered here, just to find time and be reading.

Abeg, who wan take over, make Una signify biko.

locodemy:
When he sees Sterling bank at above 2.10 tomorrow,he won't remember it was selling at 1.97/98 today.

Even begging now at 1.98 as I speak.

Loco, Sterling at 1.98.....is it based on TA?

cucumbar:
I use to read comments here per second per second.I think this is my most frequent thread recently ,didn’t see where you quoted me though.
I think I should start paying more attention and here and begin trading from the inputs here with money I can afford to lose. thanks, I appreciate your input.

Lol. I don't imply that you should buy anything mentioned here oooo.
Mcy of all Nsempas is a learner too.
Try and do more of reading, you'll be able to do it yourself.
Learning FA/TA like my ogas used to say will assist you lot.
One of the reasons for advising you to subscribe with one of the ogas was to be able to improve as well as get stock pick recommendations based on expertise advice.
It is well.

talk2tonie:
Village People Capital

Lol.
Cashcraft don suffer.

Biafran4life:
Pls I need sincere suggestions.I want to transfer my account with witchcraft to another broker.

Which one is wit.chcraft again?
Na village people get the broking firm? Lol.

cucumbar:
i no mind o seems she knows the market so it will be to my favor.
Abeg, make I follow make this money.

You don't seems to read comments here, I don't think so. Cos if you do, you would have entered one or two stocks that will give you some gains.
I mentioned Access to you, that you should keep eye on the price mvmt, and as at yesterday, I still mentioned something with you in copy. Later deleted it cos I assumed you read it already.
You can't keep going and coming just to post. You need to stretch yourself a bit.
Even if you invest, you can't go to sleep, you'll need to keep eye on your investment.
Sorry for the way I put it ooo, no vex. Make e no be like someone I gave an advice and it turned to insult for me.

Loco even mentioned one or two stocks here on Monday if I'm right, fidelity was among. The prices jumped up since xtyday. Access jumped up already from below 8. Maybe you needed to still be more patient.

feelamong:
hahahahaha

i have always been close to the NSE........just that my exposure to the market has been very low in recent times...(no thanks to continuous naira devaluation)

I spend more time trading cryptos.

But it was clearly a no brainer to buy those days market was down......with interest rates this low and bond yields very low, fund manager simply have to increase their exposure to the markets. Moreover the valuations of most of our NSE listed coys are dirt cheap in dollars terms...

For now we go dey enjoy the market.....until we see another side of Emefielenomics

Nice one sir.
You were very correct in the aspect of our stocks very cheap in dollar terms.
When they were shouting that GTB and Zenith for instance are expensive, I just said to myself, how much is the price when converted to dollars, considering the current exchange rate self? Very very cheap with those stellar performances I must say.
Una welldone sir.

locodemy:
Neimeth is very illiquid.
I am already testing the microphone to prove its liquidity.

100k units on offer now belongs to me but partially filled even on full bid o.its an illiquid stock nwanne.I may even put the remaining 400k units out there base on how I read the ongoing transaction.

Let me do 2,000,000 units to Transcorp,it gets filled in less than 10 minutes.

Don't even compare Neimeth with transcorp. You can't compare it with Unity self in terms of liquidity.
Zenith, FCMB and transcorp are the most liquid stocks on the exchange.......by my own observation.
Neimeth is illiquid, that's why small quantities can move the price up/down easily.....and offers or bids on ground are usually not much. Like I said, it's just enjoying market positive sentiments.
......not saying neimeth is not good ooo, just saying it's illiquid and can't be traded easily in millions.....before someone will quote me now......and that's my opinion.

Mcy don try with this work without pay oo. Chai!!!
Who wants to take over, make you signify abeg.

ukay2:
Is bull back?

There's green on the floor today with quite a lot of stocks appreciating in price with large volumes too.......
Bids far outweigh offers in some of the stocks and some are on full bid.
We can be able to conclude once the green continues into the week.....

locodemy:
I put money in stocks that are liquid.

This is the reason I can't go far with Neimeth though it's on full bid now

Neimeth is not that liquid but presently on fore-front cos of the sector it belongs and also enjoying positive sentiments......(think financially too).

Only liquid stocks are good for JIJO and not all liquid stocks too.
Lol. Just saying this for the benefits of your JIJO trainees..........

feelamong:
So people are finally buying.....people that refused to buy a few days ago when we were asking them to buy

I trust Oga Peter..he will buy in December when Market has reached the peak

Welcome back to stock market sir.
Honestly, I was thinking you were being sarcastic with that post, never knew you were actually saying it.
Good to see such posts from Ogas like you......means you've done your DD before posting it.

Don't trust Peter o, he would have jumped in. Just look out for his posts on how he entered Zee, Access or any other one in Yesterday's low.