₦airaland Forum

Agbalowomeri:
Una don make plenty money today o

Tomorrow is for the smart money exit

I see you

Streetinvestor2:
Are u saying via PO it won't be traceable. The holdings at a point will be nade know to sec unless is via proxy .And why is the proxy not still going via PP to make a positive announcement about it to the public
Do u know the impact it could make if they announced a strategic investor has already committed 100bilion to the fund raising .And they are out to just get 135 billion remaining
The money no dey anywhere..lol

You dey ask me to explain how people dey launder money?

How me wan take know

yMcy56:
Well said sir.
Me, I no get energy for arguments
Na wetin I hear, na im I talk..
I don talk say na hearsay, I'm not a management member to say whether it's true or not.

I even hear say na former General dey behind the whole matter sef.

Streetinvestor2:
Why would the strategic investor want to go via PO instead of private placement if he sure of the fund.He would have first announced thr own to boost confidence of investing community

Ever thought that they could be using laundered funds?

emmanuelewumi:
The so called strategic investors would have been included in the prospectus.

We are in the market to raise N250 billion out of this N100 billion worth of the offer is reserved for our strategic investors.

You don't need to be a genius to know that the strategic investor is the company they are acquiring. This has been obvious to me for a long time

I would have really loved to buy the stock back but I need numbers. All this blind market waka is not for me

Streetinvestor2:
I expect pull back next week that is why I said expect side ways trading. U see tomorrow and next na confirmed green. The government made sure the news went viral.Thr is political target for ASI to stay at 150k or above..So expect more incentives from government to achieve that purpose.
This government is predictable because of obsessive political ambition.

I don't buy the CGT reason. Markets go up and down. People find reasons to explain it but rarely are those reasons right.

P.S why don't people post on ngxforum? I created the place to make it easier to research past discussions

Streetinvestor2:
I new the government will definitely intervan if the red continued and that was why my target was to enter Friday with new fund.I was expecting it by Monday but didn't know it would be sooner. The market will be on green though out this week.Then side ways could happen next week but red is over.The bull will happen seriously in December. THe effects of good q3 results will enter the market soon via foreign investors too
Book mark this post

There will be a pull back before then. We might not get to yesterday lows but we will be close

awesomeJ:
Post what I buy for what purpose??
I make comments about the markets generally? my posts since yesterday were bullish on the market, that's all the opinion I had to share.

Fair enough

KarlTom:
Probability of daily 10% is >75%

I didn't say 2-3 days of 10% gains.

Right now some people are waiting for a reversal and IF that reversal does not come then more and more of them will be giving up on the wait and just buying at the price they see. That is how prices slowly rise.

awesomeJ:
My cash position went to as low as 5% yesterday.

If I was offered loan,. I would have taken it.

Today, even ARADEL that was going through a lot is on full bid.

Did you post what you bought yesterday, yesterday?

KarlTom:
Indeed CASH IS KING

How many retail investors had the balls to buy yesterday?

Most retail cash is reserved for FOMO trades

faoogoke:
Dont get excited. Its too early in the day. Market just started.

If we see another 2-3 days of positive gains in the banks then more people will FOMO into the market and push prices up further.

What ever happens I am not going to do anything until full year earnings come out.

mikeapollo:
How? Can you clarify?

Stocks are not just symbols on a page. We are buying and selling shares in a company, a company that is out there in the real world offering real people valuable goods and services. If people really understand what that means they will act differently.

orriyomi33:
The stock market is indeed a game!

No its not. People just don't think before they act.

nosa2:
I will go out on a limb and say that we just saw the bottom today in the banking sector. Other sections could still go lower

This message seems to be aging well

egojeny1:
Banks on full bid

Oh well! I'm not selling. Good luck to the guys that panicked yesterday

Streetinvestor2:
Your TA has failed u again. U will see green tomorrow

I kinda agree that tomorrow will be green but in this market anything is possible. One thing I am sure of is that by March 2026 these prices will look like a dream.

I entered the market yesterday so I chop the full bleeding today. However the one question I asked myself was, if the Zenith Bank I bought yesterday at N59.5 had stayed at N59.5 how would I have felt?

I bought based on the fundamentals of the company. Nothing has changed about that.

For me I siddon for corner dey look the drama. The trajectory of the economy has not changed so all this is noise.

sky2891:
Firstholdco
NB etc

I didn't look at NB but price drop on Firstholdco wasnt bad.

In any case I am bullish on the banking sector not the whole market.

Agbalowomeri:
ft.com

I have skimmed thorough the volume of some stocks and I don't see reason to be alarmed.

Nigeria likely to review capital gain tax, Edun says

https://ngxforum.com/thread/124/marketwatch?page=2&scrollTo=436

Agbalowomeri:
Lol

Did you see the volume? That na gear 1

Please where can I see average daily volume

Agbalowomeri:
Lol

Did you see the volume? That na gear 1

No I haven't but I'm looking at the fundamentals

Streetinvestor2:
Change of plan I will enter market with new fund on Friday if the red reach Friday. The opportunity is so tempting. I just went through price for today.The Money go be strictly for Xmas bills so na confirmed jijo because I will be pulling it from my business money target go be for 30% .What I see on Friday go decide
I think I will go with oga nosa2 but will wait till Friday for final conclusion

I will go out on a limb and say that we just saw the bottom today in the banking sector. Other sections could still go lower

I understand the panic but some sector valuations are already so low that I really don't think they will fall much further.

I'm not selling.

Raider76:
Lucky you. I also sold just before the interim dividends payment

I think I sold at about 70+. The minute book value started to approach one I started to exit

Locotrader:
Huge cross deal was done in Japaul at 2.50 2 weeks ago.
Last private placement was also done at 2.50.

Na Trump descend Japaul price below 2.50.
I have been buying at below 2.50 for days now and today at 2 was so sweet.

If Ellah has done it
Japaul can do better

I admire your tenacity

Raider76:
You still holding GTCO?

Sold most of it a while ago

Picked up more FBNH, Zenith Bank and PZ today.

This bleeding has do.

I expect a reversal soon

Agbalowomeri:
JAPAUL don woundjure Loco

The ram have escape

SonofElElyonRet:
Meanwhile my Ellah entry price is less than N4 so I'm sitting pretty

Why do you think it can't fall below N4?

Agbalowomeri:
Don't bet on Zenith o
The stock no well despite being fundamentally sound

Why are you not comfortable with Zenith?

Agbalowomeri:
Just be ready to withstand another 20% drop

I think I'm with you on this