₦airaland Forum

Offers slowly reducing in GT and Zee. Fat guys don dey reason their matter small small. .........offers still on high side anyway....

Chai! I fear fear with these offers oooo.
It opens one's eyes to some set of people one is trading with. I come dey fear say, na these kind of persons I dey trade with for this market?
The 100M block unit in Zee has been removed. Chai! I go rearrange my trading for this market.

veecovee:
Pls remind me when uba is closing

This Friday, 13th is the final qualification date. To be marked down on Mon16th.

People should still be cautious, GTB and Zee are yet to join. Let's be watching out for movement in these two. Though offers have reduced.....but still on the high side..

Currently mopping Access...

Anyone playing this should just do it on very short term.
That UBA makes sense sha. Those that bought at 5.65 will collect their dividend on the floor, or chop dividend and still sell with some change.

lancee:
Uba trying to go the wy of Fbnh..mopping

All offers at 5.65, over 55M offers mopped now.....bids have shown face.....now 5.80.
Na wa oh.

OBAGADAFFI:
Can we get GTB @ 5.65

The shareholders are not smiling at you right now.

UBA getting attn at 5.65......offers reduced...

They already mopped Fbnh offers at 4.40.....bids have shown up....let's see how it goes..

PS: Not a recomm for anyone to buy.

veecovee:
Hmmm! Why biding chams

Cos it has reached car park.

PETERiCHY:
I thought you have joined PA Emma long term gang

Why bother about daily price movement abeg close your eyes and ears to market noise and chop your dividend in peace

Still in process....and joining long term gang doesn't stop someone from looking for new ground and opportunities nah.
Your Zenith is begging you now at 13, keep shifting goal post there..

PharmAlfred:
There will likely be slight reversal today on some stocks. Tomorrow, most stocks might be on bid.

Stanbic and few others are having bids now......
Aside the fugaz and maybe UACN, wapco, that's heavy on offers, some others are not that heavy ........let me just scan round the more.......

Imagine transcorp having bids around this time. One would have thought the full offer won't have part two.

dinyelutochukwu:
Did anyone notice that it’s mostly the banking stocks that are taking the bashing.

I selfishly pray this doesn’t go round the other sectors.

Yes! Mostly with GTB and Zenith leading they consortium.
Offers in other banking stocks are reduced compared to yesterday, though we don't know if it will increase later-on.
This is what happened when a set of particular stock are allowed to lead the market.
Fcmb had less than 2M Initially, but with Zee and gt offers, fears set in, even Fbnh and access didn't have much initially, the gra-gra may be coming to an end gradually.

Wanity:
Mcy56
currentprice
emmanuelewumi
Sorry for quoting you all boss but this wonderful thread look deserted without your presence
Ladies and gentle men please welcome the amiable ministers of investment on this forum

Thanks for your mention here sir.
I don't trade US stocks, at least not for now, reason you didn't /haven't seen me here cos I have little or nothing to contribute with regards to it for now.
Once again, thanks for the honour.
You guys are doing great for yourselves and it's commendable. May God crown all our efforts with success.

pluto09:
When gtb and zenith are hit by rampaging bear, it is only a matter of time for the likes of fidelity and fcmb to take their turn.

Yes. Never seen this type of sharp fall before.
...but some people are buying sha...

PETERiCHY:
All thanks to Corona
All the audio earnings being declared by our financial institutions will soon come to limelight .and the market will push stocks to their true value.
Patience is KEY
BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Which audio earning?
Anyway, Zee has passed your N16 junction, don't come and go and tell us that you didn't buy again.

Some forces are bent at crashing the fragile economy, but God will stop the way against them. This is not ordinary again.
Pastor Vee, organize prayer session pls.

rebekah2011:
Madam, my eyes shook. but with just 12 to 13b all the offers will go away

Something is definitely wrong somewhere with the two stocks especially.
Fcmb, fidelity and few other stocks didn't have much volume in premarket, even as at the time I'm typing, but the fact that those two has heavy offers will make people to be bringing out their wares in other stocks too.

rebekah2011:
Oga OGG is looking for money to mop up over 307m of Gtbank currently on offer at N19.95 and Zenith's 215m at N13.05

GT and Zenith pre-market is looking scaryyyyy

Valueinvestor:
Next time kindly put 'Graphic' on this type of 52 wk low before pasting

Chai!! Igwe must hear this!

locodemy:
What of wealth transfer?

Loco, funny as it may sound, that's what is going on now, the way I see it.
The expatriates are selling in panic and will sell at any low amount, they will come back and buy when everything stabilizes.
More reason we need to look for fund and key in when the prices are so low. Someone said this is the planting season, he/she may not be far from the truth....but people should hold cash tightly for now like my bosses advised.

mendes911:
No wonder you were asking what if am wrong on UCAP. Choi, hunter turned hunted. Ndo Nne.

Lol. In as much as NSE didn't collapse, we go all dey alright las las.

locodemy:
Do you know ucap will be battered seriously this year.when you add the dividend to what remains after the negative news we are facing now,what remains.

Me,I am not after any dividend but 10%.

Oga opportunity to bail out will always come. Planning to reinvest the dividend to buy more units.
I cannot come and go and kee myself.

locodemy:
Aunty mercy,we're you not able to sell your stocks on this last reversal?

I sold but jumped into Ucap again......I was after dividend but now trapped.
Will console myself with the dividend when paid on 26th. .
Na to just leave the stock remain. Though I have wapco too. Bought at 14 and thought I got bargain.

Godisfaithful:
Target price is N3 or N3+ below

Chai! All these ridiculous prices.
NSE for don show this oga shege.

RabbiDoracle:
Which appetite will people loose?
If there is a single day of rise now, Mcy will finish us.

Sir, this stone with woundjuremt is not good for one's health o.
Anyway, I'm actually looking forward to the reversal.......

1kinggy:
US is already considering that on all trading platforms and exchanges.

Will be better.
I hope NSE wouldn't fold their arms till everything gets out of hand.
The economies of the countries are targets.

RabbiDoracle:
The offers are real.
There is panic.

Sir, you may be right but something somewhere is definitely very wrong.
Never seen GTB in such condition before, no matter how bad the news may be, imagine 20M, 30M and 50M single offers in Zenith alone?
In the process, someone placed 5units offer, it was sold and, around the time he placed it, it can never reach his turn till market closes.

locodemy:
Something is totally wrong.Nse need to pause trading tomorrow unless they have extra ordinary plans.

Me as a Jijo trader is even afraid of today's trading.

Loco you're right. Today's trading is scary.

leo1234:
I don't have zenith shares.

Lol. Issokay. It's just funny to me after two testifiers and you were still calling on another.
Some strange thing is actually going on.

[quote author=2zona post=87294796][/quote]Didnt you sell your Zee last week again? Cos I can remember you said you wanted to sell.

leo1234:
Another person should try and get back to us.

This got me lmao.
Why not confirm yourself. Lol.