₦airaland Forum

bigjay01:
I do not believe believe OGGs +ve disposition to GSK was based on CV19 vaccine. I believe it was based on their balance sheet. Any news from the vaccine is a bonus.

IMHO

Mcy56:
You're right with the Uncle Jim. Think we've said it here sommetimes too.......that if Jim or Tony were to be the CEO, Japaul wont be trading less than N5 at least. Jegede is a 'gentleman' playing by the rules........

As for Uniondac, that one is an old story nah. The info was out since.
It was SEC that delayed it till now. 35kobo per one, ready buyer.
The smart ones loaded this stock at 25/26kobo before now.
The purchase price was small though.

Mcy56:
Thank you.
However, the last part will happen after the addition of 7:17 bonus and not before.

For someone with 7000units for instance, it will be:

7000/7 = 1000 X 17 + 7000 = 24,000units

24,000units/4 = 6000units X N2 = N12,000

Your initial 7000units purchase, if you buy at 2.30 for example is N16,100 + fees.

After reconstruction price might not be less than N4 or thereabout..........at least, the share price is not expected to fall below N2 by then.........let's keep watching how they'll go about sha.

Mcy56:
Obagadaffi come oooo....or who is with me on Mansard?
Did you see price after bonus markdown? 64kobo?
When is the reconstruction taking place and when are they adding the bonus?
......but to get Mansard at this price will pay off in my opinion sha.....
If you have Mansard don't sell at loss o.
At 70kobo is okay to me anyway.

Mcy56:
Obagadaffi come oooo....or who is with me on Mansard?
Did you see price after bonus markdown? 64kobo?
When is the reconstruction taking place and when are they adding the bonus?
......but to get Mansard at this price will pay off in my opinion sha.....
If you have Mansard don't sell at loss o.
At 70kobo is okay to me anyway.

bigjay01:
Minority shareholders are bought out at 35k/share. Been in the public space since March

Mcy56:
Lol.
More reason I prefer that coys or high profile persons inject fund, have larger shares and come on the board of the coy. With that he'll be accountable to some extent.
Just saying anyway, what do I know..

Mcy56:
You're right.........management issue.
.......still part of keeping an eye on the stock + watching out for share price manipulations should there be any.....since they're coming to raise fund.
I however wish they're able to get interested coys and networth individuals to inject fund in the project....... will make it a lot easier..

Mcy56:
Lol. Na to keep eye on this space o.

A part of the bulletin says "Canadian report show that there are huge gold, silver, lead, etc deposits but it is the drilling that will reveal the actual reserve"

Make we dey monitor the progress nah.

Mcy56:
There wasn't any bonus declared then.
The bonus declared was the one scheduled to be paid in Sept but which has been shifted to Dec now.......if I get it right.

What is confusing now is that: Sept bonus payment was marked down in Sept.

I think the new bonus is going to be for those who picked up the right issue only and not everyone...........just my opinion......

Mcy56:
Can you tell us the reasons for saying so?
Someone like me, I always like to know the reasons behind any assertion. It helps much more in decision making instead of blank info such as this.

Heishere:
Thanks boss. I initially thought it would be calculated incrementally.

Mcy56:
So, new qualification date is now Dec 28.
Who are those saying they received their bonuses already? Did anyone actually received the Sept bonus?

Heishere:
KIndly assist with the analysis for someone that intends to purchase like 500k AIICO shares. What is the total bonus shares to be earned based on the attachment? Is it calculated incrementally?

Mcy56:
Not all are manipulating.........
We are still waiting for some others to do their manipulations........ especially if Senate cannot prevail on Naicom ........
Abeg make Una allow them do their manipulations in peace. Lol.

samguru:
AIICO insurance manipluations is on another level.

I think it is time for me to run

S007:
You need to wake up from a very bad midnight dream. You don finish with Guiness and ETI ni?

moneymanager:
Highly surprised by this statement.
The only reason Jesse Livermore lost all the 150 m dols he made after years of ups and down was because he didn’t respect the game. It’s dangerous to just be buying for buying sake. But only when it’s time to buy. When the market is unsure sit on your cash and if you are anxious about waiting distract your self with temporary project or employment and leave the market. Anything else and ...

Mcy56:
I read somewhere that when there's sideways trading in the market, the best thing to do is to do nothing in the market but hold cash.
How true is this?
Does it mean when market is trading flat, downside could be greater than upside?
Just wondering.

Leggitsam:
Buhari is targeting capital gain tax. CGT.
This is different from Witholding tax on your dividends.
The first is profiling of investors.(done with KYC update of investors)
The 2nd phase is knowing how much you are gaining by investing or trading on NSE?
The third is grouping Nigerians into tax brackets. Under dz phase, the poor earners will be excluded. The money from the rich will be transferred to fund the poor. The praise singers of Buhari will be the utmost beneficiaries of the Scheme, coz the money will be looted before implementation. The government might lunch a bound to fail social security service.
The fourth agenda is implementation of this brutal anti-investors policy.
Buhari has sold Nigeria.

Openbusiness:
Investigative clues: Gin + energy drink + sex

Analysis: gin can cause heartburn and energy drinks increases blood pressure, while sex causes fatigue and irregular heartbeats

Probable cause of death = high blood pressure, heart failure with possible choking asphyxiation

Conclusion: gin + energy drink + sex = deadly combination

nna777:
It's unfortunate but just like they work their way around the system to suit their most of the time personal agendas, we also have to think of a way to work around the system to suit our own personal agenda too.

nna777:
There is a way to work around this funny information. As long as you don't buy 500k unit at a go or multiple times same day, you won't be blacklisted.

For eg If I want to buy 1M units, I can choose to buy within (100k to 400k) within 10 to 3days as the case may be.

If they find out our plan, we would change again accordingly . Na Dem go tire.

modgba:
Stockbrokers to Flag Trading of 500,000 Stocks, Others from January 2021
https://businesspost.ng/economy/stockbrokers-to-flag-trading-of-500000-stocks-others-from-january-2021/

Mcy56:
The thing is: Where are the 'better bargains'?
If market looks like prices are falling, it quickly jumps back again.

FBNH for instance, went down to 6.80 based on ETI news but quickly reverses up to 7.10 in no time again.

We keep observing Mr. Market anyway......

Btw, where is FCMB Q3 result? Or I'm I the one that missed it?

locodemy:
Market wey no allow anyone to understand it.
You enter bush,it run enter road.
You enter road,it run enter bush.
Na to begin follow it for nyash dey Waka anywhere it go.

locodemy:
People are scared of 7th December protest.

safepaulooo:
What's the implication and effect on NSE of this news

https://www.thecable.ng/breaking-cbn-directs-banks-to-close-naira-ledger-accounts-for-imto