₦airaland Forum

omaojo1: I was only submitting the official position. And for your info, it not because of any manipulation. There is nothing wrong in closing the price that way. CSL does it for FCMB, we do it for one coy, so go demystify further.

Chibuking81: Come to think of it, who are they really owner of access bank, I believe that former governor of Kwara state and immediate past governor of CBN has their hand on it, access NSE business to start again next year, that mean every thing is locked up till after election meaning next year february. Oando might join the league including some few others, cash at hand is king as for now till after election.

mercylicious: Is oando result out?

omaojo1: It is a result of the rights sir.
Is this market not a joke?

nitrogen: Its good to be smart, the guy correct!

nitrogen: Bros wey dey shine teeth, God saved you o, Access bank just got suspended, till January.Cos of the rights issue coming up.

ihedioramma: Happy new week, lets get there is monday. Access bank plans #70 bn rights issue, vanguard news today . this stock is coming down this week .

passwelle: Sir, I have absolutely no clue. There is talk of a possible rights issue, this may or may not happen if the below is to be believed http://af.reuters.com/article/investingNews/idAFKBN0GZ0XU20140904

basisop: Hello Experts here, please I want to invest N500,000 in stock market(i.e. to buy and sell when the prices increase) and I'm completely new in this form of investment which I had always ran away from considering how it crashed and dealt with investors in the past.
Please I need good advisors on how to begin what shares should I buy, sound broker to use amongst others. I'll appreciate any write up on my inquiries. Regards

mercylicious: Ur unsuccesful attempt could be a blessing in disguise.

mercylicious: guy, i jumped into d insurance coy yesterday. Am not monkey hunting ,so please dont jump in wit me.
Na news dey rule d mkt. i no go shake if i lose money wey i take do this speculation.

Dexterax: Access Bank JIJO.

Mpeace: no worry, I go quote you very soon on this topic.

passwelle: Oando, surprising everyone except the Cowboys since 2012!

omaojo1: @passwelle, did you notice your Access today. It was blinking red till the guy muzzled strength to close it at that level with about 20 million units. Guys are conversant with this ol trick and always wait to dump on them.

daemperor1: Do peeps in this bus really have some peace of mind?

Aks: AMCON is set to name the winner of Enterprise bank BID next week (hopefully Monday). Is there anybody with useful info as to the likely winner of the BID. The info i have at my disposal is that HERITAGE bank is likely to be annouced but Sterling and Fidelity are also frontrunners to clinch the Bid. This will definitely affect share price and if we have this info ASAP, we can all smile to the bank. pls do your research

omaojo1: Yes, the market makers can actually close it at levels pre-agreed but that is not the case with this one. It is one firm that is in VI, that has the name of the street where the full elephant turned half is headquartered, as a name that does the bidding of AIG.
Activities here normally runs with Wapic-'volumewise' but Access is needed to achieve an end at the moment hence the continuous price rigging. Passwelle, thanks for consistently watching this. FCMB also does something similar albeit, in a less pronounced manner.

mercylicious: anyone still in ftn bus?

chukyjones: seems like its swinging back to bid..
don't be dismayed nor base your trading on the usual intermediate swings of the price of a stock within a trading day.. rather on fundametals and information... chukwuka

jamace: To tell you my mind, based on current developments in this company, I am NOT disembarking from this bus until it hits N3.00. Don't shout o. That is my investment risk appetite. If you can not withstand the pressure, bail out NOW o!

immanuello: at what price is a unit of this right goes for sir.

hbrednic: N9.80, who is their marketmaker ? good job

SKYQUEST: Bless you boss. In other words, some people are helping the stock price rather than let the market naturally do its job. Could this be the market makers or just some 'well wishers'? Anyway, I llkeep my eyes wide open!