₦airaland Forum

http://www.nse.com.ng/Financial_NewsDocs/30559_FIDSON_HEALTHCARE_PLC_CORPORATE_ACTIONS_JUNE_2020.pdf

Who prepared this FIDSON document ;

TLAX:
With Insurance Companies, its usually the more you look the less you see.

AIICO will give shareholders bonus of 1 for 5 (no new value created, pie size remains the same but now divided into 6 parts instead of 5), and then take rights money from them. Its a zero sum game and the major owners have no intention of being the losers..

I see that they are determined to sell those rights at any price between N1.00 to N1.20. Just be sure reversion to mean price will apply after the rights and we will be back to five-five kobo dividend.

Make i just dey observe.

So they deliberately drove the price up

bigjay01:
http://www.nse.com.ng/Financial_NewsDocs/30575_AIICO_INSURANCE_PLC._CORPORATE_ACTIONS_JUNE_2020.pdf

Qualifications for bonus :- Wednesday, 23rd September , 20

AIICO shifting goalposts anyhow

onegentleguy:
And more to why NEIMETH needed to reprise a little downwards is because the combination of surrounding risk and current mkt price now leaves less room for reward in view of valuation.(MoS peg in view)
Today's closing price of N2.32 is a near 27% premium from my FVE of N1.70(using a mix of appropriate valuation model and assuming zero risk)

So fundamentally, PRICE has run ahead of REWARD and needs to come down.

On TA;
RSI had since moved above the overbought line(peg @ 70)
My check also confirmed that the 9-day EMA also moved above the mean line suggesting the possibility of a pullback.
However, MACD still supports an overall bullish posture post correction. ...so price may not drop so low. Am thinking of a drop to a range btw 1.40-1.71 before another short rise.
Other TA Ogas might wish to add to this.

Congratulations to all those who made some returns from playing the stock !!

Selah

That range is important.

onegentleguy:
It's purely normal for NEIMETH to witness a pullback in price.
Frankly, am surprised that someone would want to align with a coy that has already delivered over 575% in actual return.
U can not but wonder why they didn't key in when we gave a BUY call here(backed with explicit analysis) @ 38k.
If u couldn't buy then, why now?

GonFreecss1:
He/she was warned though. I remember we all warned him/her repeatedly.

This is why TA knowledge is important.

Buying a stock at 575% bullish run is dangerous, and it can reverse at any point.

@op

SA with a governor and you are asking questions?

Even if it is 1 year as SA, you would have lots of connections with multiple sources of income.

Go for the SA job

RabbiDoracle:
I expect it to fall to a point and later it will start its ascent again.

I think the second rise will be a violent one. This together with all stocks should do it while singing " Soli... Soli....Soli....Solidarity for ever!"

We go hammer well well well this year.

I don't see NEIMETH reversing to below N1 anymore

Let's lick small honey, for now, I might join NEIMETH second wave.

ositadima1:
There is a way to know when to walk, I think by looking at volume traded. Even while price is moving up any substantial volume divergence na to japa o.

Reinvest If you don't need the money urgently

dipoolowoo:
Newrest ASL Nigeria Joins NASD Exchange After NSE Exit
https://businesspost.ng/economy/newrest-asl-nigeria-joins-nasd-exchange-after-nse-exit/

FrieslandCampina Rakes N12.4bn Profit in FY 2019, Offers N6.81 Dividend
https://businesspost.ng/economy/frieslandcampina-rakes-n12-4bn-profit-in-fy-2019-offers-n6-81-dividend/

NNPC to Halt Crude Sales Discount from July
https://businesspost.ng/economy/nnpc-to-halt-crude-sales-discount-from-july/

Honeywell, 7 Others Get Tax Holiday
https://businesspost.ng/economy/honeywell-7-others-get-tax-holiday/

LOL,

Newrest ASL Nigeria Joins NASD Exchange After NSE Exit
https://businesspost.ng/economy/newrest-asl-nigeria-joins-nasd-exchange-after-nse-exit/

NASD Exchange is attracting the big boys

PDP smiling right now

RabbiDoracle:
I doubt if there will be second wave. Don't mind them. I think they want to use it to keep protesters at home and also to control the rise of stocks in the US.

Was there no news of second wave on Tuesday and Wednesday, yet their market rose.

On Thursday, second wave suddenly came out

Then if it gains on Friday, what will they say.

I think I heard WHO saying that asymptomatic transmissions are rare.

Hope you can see the conflicting narratives?

Let's hope for the best

COVID- 19 infections spike, second wave loading.

onegentleguy:
Chai bro !! ...I didn't say e-non-acoholic wine and e-NKWOBI naw.
I want the real one !!

Regards

Okay, how do you want it.

Zoom, Team or Remote desktop

onegentleguy:
I prefer non-acoholic wine Sir.
...and if I can square it up with a plate of hot NKWOBI, then all the better !!
Both combination are like a suiting hub to the nerves.

Regards

onegentleguy:
It was another day of upside as NEIMETH pushed up by a maximum gain today to close @ N2.57.
That price is an approx 575% return from the time we gave a BUY recommendation here at 38k !!
As usual, the dude also closed in its "usual tradition" of full bid !!

Disclosure: following through with a 40-40-20 exit strategy, I sold down on the 2nd 40% of my holding @ N2.13 on Tuesday, after the 1st on Friday.
...will look to exit the balance of 20% at the appropriate time.


#SOSHALLITBEwithUACNandWAPCO
#ASTHEDAYSOFRECKONINGBECKONS

It is well.

That was a right call

U deserve this

Krisuba:
I have followed Julius berger divident and enter water oo. So the stock follow be illiquid stocks.

JB and Conoil are illiquid stocks that pays good dividends.

stcool:
This style

Lol, that style go give person high BP

stcool:
You can improvise like the style suggested by Oracle

Tell me the style Oracle suggested.

Guys, is shorting possible on NSE?

stcool:
see dem loading Japual...fear NSEMPA

Seems Neimeth will do what M&B did in 2018 where it got to N6 before chilling

I suspect new investors are coming into Neimeth.

Over 244.70% increase.

Intendy:
Stocks with new 52 week highs

Neimeth #2.13k

Prestige #0.70k

Bua #43.20k

There is more to this Neimeth rally

emmanuelewumi:
Check the Genesis of the problems of UPDC. A business will die when you are not generating enough revenue to run the business, when you start selling assets to run the business and pay debts

Correct

I remember this your quote

emmanuelewumi:
Nothing stops the Virgin from riding the frail old man. The frail old man will be fine and okay las las

Now this

emmanuelewumi:
There will be a right offer, this will prevent the funeral of the business

Japaul will not die and might be on the NSE for the next 20 years, but still birth go plenty.

stcool:
Some info

Mcy56 here is the answer to your question

After this Access/Diamond loan restructuring with assets. What remains in Japaul?

Mcy56:
You know as e dey go bros.
I don't trust some of them. Na coded things dem dey do.
See this UACN, some are well seated inside the bus, dozing self. Na uchetoba dey disturb himself.

onegentleguy:
Both GSK and MAY & BAKER have returned double digit % gains(btw 85-117%) since we advised for a BUY here.
...FIDSON too.
https://www.booksie.com/618814-alarm-bell-in-nigeria-between-fear-risk-and-opportunity-

NEIMETH is a special case.(see my last post quoting urs)

Selah

GSK, MAY & BAKER, and NEMETH are the champions on this COVID period.

RabbiDoracle:
Why you dey break your head on what is causing a rally in Japaul?

There were many companies on NSE that have good results that you don't even need to start breaking your head on. You will simply buy these companies.

Like I said, most people see themselves as investors in NSE when they have like 1m units of a 20kobo stocks. This should not be so. Once may want to so a short cut in a 20kobo stock and get stuck for the next 5 years.

Ask those who have universal insurance in their portfolios. It may have been there since 2008. We are talking about 12 years. Even at 20kobo, no single bid.



At thar point, you will understand that a stock at 20kobo can be very expensive than Nestle at N1,000. Because Nestle you can buy at N1,000 and sell at N1,100. But this one, no single bid once you are trapped.

I Still day inside DUNLOP

Mcy56:
Not disputing that.
We should however try to know the rationale behind the profit declared instead.
We should seek for more info on what's happening, what informs the sudden profitability status, is anything brewing in terms of acquisition, sell off, etc.
It will help us much better than just bad-mouthing a stock.
Diamond was not a far fetched example. Dangflour too.

Audio Profit.

Pa Emma and others have clarified the source of that Audio profit.

JAPAULOIL on full-offer

Some people are traped under this container.

Mcy56:
Prof has been wrong on few occasions.....on Nestle, caverton and dangsugar, so he needs to convince me on JP now.
I know there's negative sentiment towards JAPAULOIL in this forum so it's not that new.
The same BUA they said will trade below 10 or thereabout upon listing is still standing strong over N30 till now.
End will justify the means, we're watching.

Is it not about negative sentiment.

JAPAULOIL is not a stable company.