₦airaland Forum

Chibuking81:
Imaging the number of share one can acquire with Zenith at #5, UBA @ #2, GBT @ #8 Fidelity @ 80 kobo, FCMB @ 70 kobo.

Diarris God oooo.

ebuka1997:
is buying first bank below 4 good?

It's good below N4 but keep monitoring the price so you can pick at best bargain price or you keep buying in tranches, seems no one is sure of anything now cos it's not even about FA or TA again.

Care4:
No one can tempt me this soon. I no dey enter this week.

Lol. Good luck

Bomboclad:
Happily joined Zee this morning @ N10.85. Whether it goes down or not is left to Madam Corona, but i am glad to be in.

For Zee, it seems the heavy seller is done selling, it's the virus news that's causing more of panicking now, I may be wrong anyway, we see how it goes....

Godisfaithful:
Hello
Coronavirus Naa madam?

Bomboclad:
I had a 20 kobo dividend estimate for FCMB, reason why i am in the bus. However, with Fidelity @ N0.20, I am tempted to revise upwards to N0.25. Either ways, this is good incentive for the price to remain relatively stable (fluctuating about a point) in the short to mid term.

...but someone said fidelity is out with 20kobo.
If fcmb can do 20kobo too, it will be fine.

Justcul:
I hope Morgan capital can credit my account if I transfer to their account.. I want to reload my firepower

Lol. Why not oga Money bag.

.....but some people are still making use of the opportunity by buying some of the fundamental stocks.
Zenith: Over 94M+ sold so far
GTB: Over 40M sold already

Bezzle:
Please @ Madam Mcy kindly give the current prices of various stocks of interest eg Zenith, gtb, fidelity, JB, fbnh, eti, uba,access etc. Thank you ma

Zee: 10.70
GTB: 16.75
Fidelity: 1.61
JB: 21.95 ......sold down to 21.35 earlier
Fbnh: 3.70
UBA: 4.70, 4.85 now, back to 4.55
Access: 5.65
ETI: 4.45
UACN: 7.40
FCMB: 1.54, still doing strong-headed, my bid at below 1.50 not attended to since

I dey come.....

locodemy:
It you really understand this market,you will know it is a target stock that must bow to sell pressure following the juicy dividend announcement

Loco you may be right.
No one knows how far this whole episode will go, but if everything becomes sorted, some of us might not be able to see anything buy cos the deep pockets will just be coming with full bids in millions, more reason I also agreed with Oga Oracle's buy small small campaign.

locodemy:
You better be a ceiling or hook not a fan of zenith.

Zenith will always cut the neck of the fans

Lol.

Chibuking81:
Once you quote my post, that mean you needed more update.

Lol.
I like that you're not taking offence at people's comments.

pluto09:
Zenith is good at cp.
Don't jump in with both legs at once, buy in tranches.

Yes. Just bought tashere units, Ive not been a fan of Zee from time.

locodemy:
Dividend hunters/Bergain hunters are planning to chop this 20kobo for more than free.

They will buttress the stock like never before.

The stock is forming defensive as at now, maybe because of the dividend announcement.....it will bow to sell pressure only if the panic persists.

seyisanya:
Ma, you're doing well. Abeg no listen to that person wey the first syllable of hin moniker start wiv Davido's girlfriend name.

Lol.
Guess he's got his hands burnt severely before, hence the fear, which to me is understandable.......but that's the same fear that didn't allow me to buy or make anything when it first went down, I just want to take the risk and see how it goes.
It may or may not go down below current price. No one is sure of anything now.

Chibuking81:
You jump too early.

Ok, but the junction is still a bit safe to average down.

seyisanya:
Bear gang, una food don ready ooo . Unfortunately, una still no go buy even if GTB and Zenith reach N0.20. Na so so commentary way no help una go dey do upandan like say we no know say coro dey 9ja and total lockdown dey imminent..smh

Lol. Analysis, paralysis, permutations and combinations.

Zenith back to the car park where it picked some passengers in the first trip.
I couldn't follow the first trip but I don jump inside the second round trip now, we see how it goes.

Chibuking81:
@ RabbiDoracle
Is like I collected the mic from you, instead of giving it to Mcy56, let me handle it this period, but will still hand it over when the time come

Well done sir.
Na your time.

ebuka1997:
Fidelity have dropped their audited financial statements with a proposed dividend payment of 0.2 kobo, is that a good result @rabbidoracle @onegentleguy

It's a very good result cos they paid 11kobo in 2018 FYE.....but the situation on ground wont allow for positive response to the share price for now.
This is an opportunity for dividend hunters to target lower price to enter.
They ought not to release the result now self......buy good for bargain/dividend hunters anyway.

seyisanya:
Very true, ma. But such a move is quite risky at this time of volatility. We're in a season whereby even if nah jijo u wan do, make sure say u do am in a fundamentally sound stock. If the door jam after u enter, you will be fine las las else nah many years of kaya b dat ooo

Very true.
Thanks for the reminder sir.

RabbiDoracle:
I just hope US and EU will not bill China for this economic damage they have suffered.

US will certainly find a way to make them pay...

onegentleguy:
Papers were "imported", but not much to write with it again.
Peterichy has since "exported" back most of the papers with his dump trucks !!

maishai:
better deals out there, Hotel business will not do well this year due to covid 19, and the government has things to battle other than power problems this year......................I see transcorp going down below 50k.........My opinoin sha

At times NSE doesn't work that way o. Those depressed stocks can spring surprises sometimes. They may even deliver more than the healthy ones self.

stcool:
I mange the ones I have already! We have only spent 3months in 2020

Okay oo.

Breadfruit:
Oh wow. Thank you sis. That’s good news

Hope you didn't buy higher than that price.

RabbiDoracle:
You like moving stocks rather than finding the next moving stocks

You go sabi chase molue o.

Lol.
Sir, I just posted that for those who may be afraid to enter market, it's still a safe haven for now. 52wks low is N18 and currently trading at circa N22 with dividend of 2.75 and 1:5 bonus issue, I think it's still very okay sha.

stcool:
I am now on the sideline...waiting for the last Bonanza of the decade
N5 Geng

What if it doesn't come?

Breadfruit:
What is happening with them please? Mcy56

They're buying out the minority shareholders @35kobo per share. See below link.
I hope you didn't buy it higher. The amount is too small. They may increase the offer price if the shareholders protest during the AGM, maybe.
Start processing your e-dividend form anyway.

http://www.nse.com.ng/Financial_NewsDocs/29404_UNION_DIAGNOSTIC_-ACQUISITION_OF__CORPORATE_ACTIONS_MARCH_2020.pdf

OLOBAM:
why transcorp when other better stock dey. except you want to jijo

Just thought the price is good for JIJO in the short run, but I may be wrong anyway, maybe it will come down small again.

veecovee:
Peter did you forgey no add "BARGAIN HUNTERS TAKE NOTE"

Lol.

PETERiCHY:
After 9yrs of prodigal spending Transcorpse is finally coming home to Mama

Peter, what do you think about transcorp at currentprice, 60k?