₦airaland Forum

Market can be really funny. Same people who bought Zenith at 15.90 don't want to buy it at 14.35.

The bear on the floor of NSE pass shake out O. This is real fear in operation. Let's see how low it can go.

When it rains, it pours. NSE seeing a massive pullback.

emmanuelewumi:
You forgot to say Adebola Adegunwa started as a photographer. He later became the major distributor of Kodak film in Nigeria. He also had photo laboratories all over Nigeria. The properties are now used as Depot for Rite food products and Bigi drink products.

One of the advantages of real estate, the investment can be converted to other uses

Ess-ay Holdings owned by Adebola Adegunwa with headquarters at Adebola House Opebi Ikeja Lagos is a major shareholder of Sterling Bank and CSCS. The company has interest in real estate, manufacturing, insurance, marine, hoslitality etc

Pa Emma is a living encyclopaedia of corporate Nigeria.

Some block trade observed in GTB. Huge numbers

Investors are seeing a much better return with Zenith bank in comparison to other banks. You could tell by the level of interest and the volume Zenith has been doing in the last couple of weeks.

GTB is supposed to be the market leader. Z moves and G would double up.

UBA is definitely operating under the shadows of Access Bank. It needs its own path. Can't go further until Access possibly moves.

Zenith is set to continue the uptrend even further. GTB is warming to jump up too.

gabscity:
Check now and see its speed

No speed bro. Lots of bid with no corresponding big jump.

GTB has been unusually slow in all this up and down.

A deal has been reached. Let's see what becomes of the market in the days ahead.

onegentleguy:
On the 2nd part in bold; Yeah right... I agree with u.
...but on the 1st part in bold; Do u truly really think so?

It's alright then.

Nothing is certain chief. We just draw inference from couple of market tools, data, and general outlook. I might be very wrong. Monitoring the way people throw huge offers when you anticipate bull on wapco gives some insight.

Ibrahim505:
Advice is needed here on whether i should sell my Wapco now or not having gained 20% in 2 days?

If you have reached your target , you can sell

20percent is decent enough this season.

Wapco momentum may die today. Buy with caution. A lot of folks are waiting to offload. This a bearish market with fake bulls here and there.

Know your strategy. Long to medium term guys can continue to buy.

Zenith seems to have hit its usual resistance.
GTB still playing around the support level. A breakout seems likely.

Today's market was dramatic. We go again tomorrow.

Some one just sold 61million units of GTB. Money is coming into this market.

The bull is not a strong one. Buy with caution. There might be pull back tomorrow.

Green Day! Be cautious. Red letter day might just be lurking.

Oyel now 34.72. make this thing just cross 40 fess.

seyisanya:
The door that will be re-opened next week. Lol

Hahahaha. This time might be different oo.

Zenith is going. Door is about to be closed. Grab your copy now.

Market opened with Greens all over the place. Let's see how the marathon ends.

Bomboclad:
Leave what is written on the bus and enter! Abi na so them talk am?

We don enter bus finish. Na to lock door remain.

The people selling Zenith at N11 how much did they buy? Or FPI trying to exit the market?

If you sell UBA at 4.90, how much did you buy it. Or you just cutting your loss?

If you sell FBN at 3.80, how much did you buy it?

Some sell decision constantly project the fact that you can't truly understand humans.

Mpeace:
http://www.nse.com.ng/Financial_NewsDocs/29542_FIRST_CITY_MONUMENT_BANK_PLC._FINANCIAL_STATEMENTS_MARCH_2020.pdf
FCMB done show
14k dividend. Fidelity pass this one. Not even up to 10%dividend yield, even with corona Virus

FCMB with their Kobo Kobo dividend. What is this now?

Today's market delivered a sweet surprise.

Tvegas:
Please can someone be kind enough to answer this question? IF i buy UBA and GTB at the current price today, will i qualify for the current dividend announced?

No sir.

DOW now 20,935.16.

Trading paused for 15minutes.
Now US is feeling the impact of CoronaVirus.

From the look of things, we have not seen the end yet.
Market may tank a little further.

Bomboclad:
Hope you are watching it reverse slowly?

Don't mind them. I won't touch that stock for now.

Zenith Bank has shown some resilience today. Let's see what becomes of it in the days ahead.

Bomboclad:
I wouldn't be surprised if it reverses today as qualification date still dey front.

With there miserable 40k div. I hate that bank. Fidelity is equally like Access.