₦airaland Forum

There will likely be slight reversal today on some stocks. Tomorrow, most stocks might be on bid.

The kind of offers on the FUGAZ have never been seen before. What is this? You can't even preserve capital or take loss at this moment. No one is buying.

Mcy56:
Ucap closed at 3.10 while Afriprud closed 4.70 despite the juicy dividends. Wonders shall never end in this NSE..
......but who is their MM? The coy directors should fire them.and employ Fcmb or GTB MM instead.

Thing is, both coys are targets of extra-terrestial forces we can't explain. From the price movement you can tell this.

Meanwhile, Access bank that keeps disappointing year in year out, might witness price surge.

Ibrahim505:
Is there hope for someone that buy ucap tomorrow to be included in the dividend register?

Yes. You will qualify for dividend.

UCAP is experiencing serious sell down even with the juicy dividend. Na wa for NSE.

Market really looking up this morning. Well, I guess the bloodletting has gone on for too long long, so it is time for the market to make adjustments.

Meanwhile, these mushroom banks will always delay filings and dividend declaration.

Market is going lower. What's the end game going to be? NSE!!!!

Take away the banks and you will notice how empty NSE is. Most stocks don't trade up to 50k units a day. Most have no direction. Price is always the same whether they do well or not. NSE needs to be deepened.

No wonder once it is red in the banking sector, every other sector becomes red.

Something is cooking in Caverton.
Places to be right now for dividend hunters; UBA, Zenith, GTB.

FCMB might pull a dividend surprise. Fingers crossed.

What happened in Caverton today? Is that a sign of great things to come? Over 13million units sold.

Result is likely out and may be juicy too.

PETERiCHY:
HISTORY has a way of repeating itself.

Remember you spent over a year in FCMB and their SHIP nearly CAPSIZE not untill alighted they started sailing smoothly.

Likewise you spent 6mths in OANDO and left when their SUSPENSION was LIFTED immediately they gained over 50% the following vweek.

Then just last dec you left UACN @#7;40 and by early Jan we rallied above N11.

Not forgetting other coys like ABC, WAPIC to mention but few that have CAPSIZED under your WEIGHT.


LOCO being the JONAH of NSEMPA it's a good omen you have sold your holdings in UACN so we BARGAIN HUNTER can move FORWARD!

*ThE OcToPuS*

Peter, no one can match you when it comes to meme and fire power. I love your energy. The budha meme made laugh so hard.

There is serious traffic jam in Japaul right now. All the passengers want to alight but the conductor has locked the door and disappeared with the key.

Coolcash1:
Guys, please whats happening to Caverton. Yours truly is loaded here...

I don't think there is anything going on in Caverton. OGG might have some news. Let's see what happens when they release their result.

Mcy56:
What's there for people to rush?
Or you mean some people quickly exit by dumping their Kaya?

You know we see differently. I wish both sides goodluck

Some people have rushed Japaul this morning. Lionheart ed men.

PETERiCHY:
UACN about going FULL BID
Better grab your COPY now

*ThE OcToPuS*

This man Sha. Your memes are endless.

There is low key accumulation going on the FCMB. They don't want to loud it. Those who have eyes must have seen it.

Where Caverton's report? They will likely not disappoint.

owoblow77:
It's not advisable to keep abreast of the stock market during your day job. Especially on a red day. Two people have asked if I'm okay. Na to look at pricelist in the evening.

Hahaha. Worry less bro. Market will always be market. The overall goal is win more than you lose.

RabbiDoracle:
When banks were selling at their highs, some newbies came and people advised them to keep buying. Then it was a strong sell sef.

Nobody advices anybody. Take it from me. Anybody buying already has his/her mind made up and only looking for a reason to validate his position. The same reason people sell. Whether newbie or old timer. People will always buy when they feel like buying and think it is right to buy.

Is market some supposed to be going down during earning season. Yes, the market is irrational but NSE is all shades of odds. It goes lower, people will buy more.

We are gradually returning to regional govt. Next is to fully restructure and let every one develop at his own pace.

emmanuelewumi:
Hope you did not buy it

No sir. I can't touch even with a long spoon.

rebekah2011:
They were introduced to the market at N62.50 by reputable market players. Those are the real crooks.

Exactly . How can they see the financial state of the company and go ahead and list it.

emmanuelewumi:
The trio that run the show at Ocean and Oil, Oando are Wale, Mofe and Jite.

Jite still has his shareholdings in Ocean and Oil, the parent company of Oando. Jite left Ocean and Oil about 3 years ago or thereabout to start Notore Chemical

Wow! So basically, the yahoo yahoo continued. That's why it is good to research the owners and directors in the company one is investing in.

This Notore Chemical people have not made a dime since they listed on the stock exchange. Loss every time. The promoters of the company must be very fraudulent or iioutright crooks

locodemy:
Is fidelity out?

Not out yet. I am talking in terms of the results available.

FCMB seems to the bank that improved the most in terms of bottom line. Let's how the market responds to this.

DOLLARTEX:
The elephant. http://www.nse.com.ng/Financial_NewsDocs/28816_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf

I was surprised to see that the Elephant released it annual report on time. Checked gain, I saw that it was unaudited.

DOLLARTEX:
Cost of sales greater than revenue?nothing musa no go see for gate . http://www.nse.com.ng/Financial_NewsDocs/28747_UACN_PROPERTY_DEVELOPMENT_COMPANY_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf

Is this the UACN people have been promoting and buying or another one?

From all indication Caverton is wants to cross the 3 naira mark and may be it will start looking towards 4.

What's happening @ Caverton? Any new info? Volume there today is suppicious.

Agbalowomeri:
Heralded ke
They came last

Ehen. I recall the F banks doing 10peecent everyday.