₦airaland Forum

Its like total energies shareholders dont know what is called Profit taking.

Dangote cement is red when others are green. It still remains red when others turn red too.

Coolcash1:
Go for it. Something hooge is loading…

True. I saw ANOH project and others. But I hope its not the usaul hype.

Pls pls, any advise on Seplat. The stock is attracting me seriously. I have already bought some few units but thinking of selling part of my mtn or dang sugar to add more. TA and FA people

yMcy56:
Full bid @13.45!
N1.4Billion spent so far ...

Where are the analysts saying UBA is this, UBA is that?

The gap between Access and Uba is too much. It was only a matter of time.

UBA on full bid. Hmm

yMcy56:
The Transcorp that entered full bid @3.86 or which one again?
Profit takers' activities is what you're seeing...

Ok it has cemented the new price. Good good good.

yMcy56:
* TRANSCORP: Now @3.70......3.80......3.86.....full bid..
*GTCO: Arrived KM36!
* ZENITH @35!

ZENITH: The first to enter N1B by VALUE for today....
Followed by ACCESS.....
UBA to follow....

ACCESS officially overtake FBNH.....
ACCESS: 18.10!
FBNH: 17.50/17.60!
UBA: 13.30! .....13.35!

* STANBIC: @59!

But transcorp don't have enough units to move up officially. Who go help us naa?

Voice of rumour has it that Fola Adeola, founder Gtb is set to be named finance minister. Hmmm

yMcy56:
Wonder what they've been looking at since all these days that ACCESS was selling below 10.

I guess those directors have some special info at their disposal, from the look of things.

Why are the Directors just buying now?
Same thing in all the banks, UCAP, and many other companies. The trend started with STERLING.

When you look at Access bank q1 result you might understand. The bank has caught up with the big two[Zenith and GTB]

yMcy56:
ACCESS: More cross deals from Herbert!
Another 79M bulk unit crossed @16.25.....

He wants to be the highest shareholder in the bank. More like taking full control

locodemy:
Let them dump ooooo
International investors even union bank parent company will like to hold a substantial shares.

Going by this news, union bank parent company will buy chams and delist it too like union bank Nig.

Same way Access bank is currently doing with Etranzact.

More Goodies and interesting time ahead

There is no relationship between Unionpay and Union bank. Unionpay is not the parent company of Union bank.
Unionpay has little or no presence in Nigeria. Pls do more reserch.

ojeysky:
What's happening at ftncocoa, how does turning loans to shares suddenly cause this continued uprising....I don comot sha

I dont know much about the company but one thing I know is that once a company is able to settle its debts, it saves more funds that should have gone into loan servicing, it also has more cash for growth and more cash for dividends

With the recent naira/$ rates unification naira devaluation dividend yield of companies that pay in $ (eg seplat airtel etc) will almost doubled. What impact could these have on their share price?

ositadima1:
Finally, Fidson is doing me good.

Congrats. I had it before but sold before this gain.

ositadima1:
Bleep

?

MeezPat:
It's not fake news...Exchange rate quoted is 820 on google

pls screenshot and paste. My own google is showing 750 753

Godisfaithful:
E ku market ooooo

Remainder: $1 to Naira is N815 (Naira)

hmmm. Are u sure? I heard 750

Agbalowomeri:
You better ask him to drop FA for the owners Lol
Yield is less than 10%
I think Access is still around 10%
The market knows how to price all of them to a similar range of dividend yield

You are coreect. Access now has a better dividend yield to UBA.
UBA paid N1 (compare with current price)
Access paid N1.50(compare with current price)

But Uba may soon respond.

Pls where is fxuser?

yMcy56:
ACCESS volume buyers in market....

Yesterday's bear was more than profit taking. They might have deliberately lowered the pricebfor some people to enter.

Total energies shareholders no want take profit ni?

emmanuelewumi:
All Share Index closed at 59,985.


70 gainers and 13 losers today

Do you stll think 70k ASI is not possible this year?
It rose by over 3k in the last two days

seyisanya:
The confusion is enough to move TOTAL to N300 before people realize it isn't the same as the listed one.

Total actually moved to 302 yesterday but didn't sell enough units to stamp the price

Mankindman:
Another good news for patriotic and optimistic Nigerians.

https://www.reuters.com/business/energy/totalenergies-announces-ntokon-oil-gas-discovery-off-nigeria-2023-06-13/

That totalenergies is differet from the one listed on the NSE.

Total energies currently selling at 302, but might not appreciate in price today.

Totalenergies at 302,hmmm

nosa2:
I hope it is red today. just placed my orders

It might also be super green. NSE can be mad atimes

E fit red tomorrow oh. Nigerian international bonds didnt do well today, reacting to the Sack of the governor of the CBN.

But NSE sha get mind of him own

https://www.nairaland.com/7721705/president-tinubu-suspends-emefiele-office

Emefiele suspended.

How will the market react to this.

Bull or Bear.

I suspect a bull cos market will see this as a move towards a new era of single fx exchange rate and other reforms in the financial sector.

But last last, Market has a mind of its own and might decide to send the bears

yMcy56:
ACCESS
At long last ooo.......KM 13...

UBA @10..

What a day. Access 13
UBA 10
FBNH 14

STNWAUME:
If one is able to buy 10m units of OANDO @#5.70k and the person is certain of getting paid off @#7+ isn't that a bargain.

Please when is the payoff date?

With the case at hand and series of adjournments, the Question is when will the N7 come.