₦airaland Forum

locodemy:
This energy stock must respond to our #2 call o.

Loco you dey inside the bus?
When I was reading positive news from you, I just said, Loco dey inside market. Lol.

You can't even run away from transcorp, it's a JIJO stock....including fcmb, Zee and some other ones.

Our Monkey is about to do full bid.
Whosoever sees transcorp below N1 and didn't buy is OYO.
Make I stop there.

PETERiCHY:
You can never learn

Make me to learn nah.
Are you saying investors were running with over 1.7B in Zee?
The cross deals in Zee yesterday alone, was a pointer to the fact that guys were jumping inside the bus.

Toluway:
But today, you have to stay glued to your stock trading platform while someone is running a commentary on updates.

Uncle Tolu, who is the someone?
Failure to answer will attract heavy fine......
Nah joke o.

Mcy56:
Zenith: Getting attention at 24............with some huge cross deals in sight...........
UCAP: The traffic here get as e be.................bargain hunters on queue .........

Yesterday post.
Almost 2B entered Zee yesterday........the early leap witnessing today is justified.....

Market looking up this early trading day.........with lots of green in sight........
Low volumes so far with investors such as Peter peeping to see what's happening and know the direction first..........
volumes increasing gradually........

f. u. g. a. z including Wapco in early lead..........'f' joined ........Ucap, dangsugar, fidelity, Jaiz joined.....

Mcy56:
When there's recession, efforts seems to be in top gear to stem or find solutions to it, this may in turn be followed by a recovery in which stock market especially won't be left out.

modgba:
CBN Holds MPR at 11.5% to Quicken Economic Recovery
https://businesspost.ng/economy/cbn-holds-mpr-at-11-5-to-quicken-economic-recovery/

FG Exempts Minimum Wage Earners from Income Tax
https://businesspost.ng/economy/fg-exempts-minimum-wage-earners-from-income-tax/.

Measures to take Nigeria out of recession ongoing as rightly expected.
I read somewhere that the CBN Governor (not sure who says it) ......says Nigeria will be out of recession by ending of this year.
We just needed to find a way of balancing news when we heard/read it, especially from Media or social media.
Lots of wrong/ right/ incomplete/ scandalous/ politically inclined info going on there.
E Ku Market o.

Fidelity : Just vexing anyhow....................up with 22kobo as at now! ..............24kobo............

locodemy:
Even Transcorp wan catch meat too.

Went as low as 82kobo earlier..................now at 91kobo.
My ogas talk say na scam................
We don refrain from talking about it.............and other "covid-induced stocks" as dem talk say na monkey biz.

.......

sellydion:
I said stage managed, naa so Mcy say no be so.

Oga Selly, who is stage managing today's green again ?
Or the recession has ended just today?

*sorted*

Access: 8.05
UBA: 7.90

If I were to buy, I will pick Access ahead of UBA.
Abeg make Una no mind me o, both are good..........not any form of advice.......DD applies.

Zenith: Getting attention at 24............with some huge cross deals in sight...........
UCAP: The traffic here get as e be.................bargain hunters on queue .........

Mobebi:
Thank you. What of CHAMS? Is it a good buy?

No news is driving Chams yet. Only moved with the bull.
Good to buy at car park.

E Ku Market o.

Bids more than offers in some of the stocks as observed from opening of market...............
Market opened on more calm level so far........compared to yesterday dumping...........
Fidelity sighted in early leap...........
Is market reversing up today? Looking likely..................but still too early to conclude............

Observing.............

wanaj0:
But prices will be adjusted for the Bonus! Not sure why people buy on the news of a bonus.

Sir, today is 24th and NEM price is yet to be adjusted for bonus.
Any reason for this?
Or, it can only be adjusted once the bonus is issued?

I've really not been paying attention to how bonus issues are handled. Anyone with the answer can pls share too.

bigjay01:
i bought on the 17th so I am cool.
However, if we follow the T+3 cycle, if one buys tomorrow, will their shares not completely settle by the COB on 27/11?

That's one of the reasons why there's a window of 4-5 working days before close of register.

Mobebi:
Please, Can anyone say something on Japaul oil? I feel like buying some but it looks stuck. Is it a good buy?

Dont buy Japaul yet................it's just coming back from +65% trip (gain/upside).
Japaul traders knows how to trade this stock............
So go and wait at the car park 0.20/0.21 to join the bus in the next trip......
When is the next trip? We dont know yet..........
You may just balance inside the bus once its at the car park, the driver may be high at any time and move the bus.

OBAGADAFFI:
Will investors buying today 23rd get the Bonus?

Yes.

Chai!! I got this info late.
Would have alerted the house since.
THis forum seems not to be serving its purpose again.
No matter how you mention am self, those who will still rubbish it will do but at least few who will try it will also do.
It's well.

OBAGADAFFI:
Today Monday is 23rd.

Distributed amongst members whose names are registered in the Company's Register of Members at the close of business on 23rd November 2020

The Register of Members and Transfer Books of the Company will be closed from 30th November to 4th December 2020

The bonus distribution date is 16th December 2020

Will investors buying today get the Bonus?

Yes. Investors buying today will get.
That's why the closure of register is ranging btw 30th and 4th.......to accommodate and take care of such.

OBAGADAFFI:
No clarification yet, been trying to call the registrar.

http://www.nse.com.ng/Financial_NewsDocs/31910_NEM_INSURANCE_PLC%20_NOTICES_OF_EXTRA%20ORDINARY_GENERAL_.pdf.

Thanks.
I've gone thru it. There's no confusion here nah?
Final Qualification date is 23rd and closure of register 30th - 4th of Dec.

Why is bigjay confused about the dates?

wanaj0:
But prices will be adjusted for the Bonus! Not sure why people buy on the news of a bonus.

To partake out of it sir. Lol.
NEM is one oga's stock here, don't know if it's you.
It's a promising stock and I blvd it will still move up........ apologies cos you know well well pass me sir.

NEM:
If qualification date is 23rd, then interested investor must key in today before close of biz.
The bonus makes sense.......I didn't even pay attention to it initially......

PETERiCHY:
Zenithbank that will still beg some of us to buy at sub N10.

Almost 2B entered Zee alone so far......@N24 now.

Pls tell us the year this begging will be, we don't want to be confused.......

OBAGADAFFI:
I think we need a lawyer to explain these discrepancies to us.

Have you clarify the exact date now?

Pls which page can I find the bonus issue info because there's nothing in corporate disclosure yet.

megawealth01:
Which year?

Peter is seriously eyeing Zee.......
Just watch as slogan will change once he jumps inside the bus......

PETERiCHY:
LOCO, MERCY and their fellow MARKET MAKERS rightnow

Just keep waiting at 10 junction for Zee.....we will see the bus that will come and pick you there......

Some stocks reversing small small already
.......

theenchanter:
https://www.premiumtimesng.com/news/top-news/427139-ignore-our-jumbo-pay-focus-on-our-work-lawan-tells-nigerians.html

Check your mail

kalkah:
There will always be buyers, as some people are leaving, some others are coming into the market.
I observe there is heavy volume on Jaiz everyday despite drop in price, even more than 2M units of GSk have exchange hand this morning.

This is to tell you that some investors are making use of the opportunity to enter the market despite the fall in price..........
Still watching...................

Quite a lot of volumes exchanging hands especially in selected stocks......................who are the buyers?

Zenith 1.3B done already with over 53M units.....................

Zenith, FBNH, Access are really getting attention despite much offers on ground................
If Zenith should mistakenly get to 20 and below, investors will grab with both hands.............my opinion.......
Zenith, no doubt the most liquid stock on the exchange.....................
Fits into Jijo, short, medium and long term investing..........