₦airaland Forum

mendes911:
2.4 dollars.

Seriously, I was expecting a loss here. The "honey" is long gone, I thought the "well" will eventually go missing. LOL.

lol

mendes911:
They have been saving about 1.5B in finace cost each quarter (About 3B so far). I hope they can sustain that, else they will be back in loss/undeperform.

That is why I don't understand some of these companies sometimes....
With the finance charges down, you would have expected this to reflect in bottom line but for where...
They will just find a way to chop the money by increasing operational cost or administrative expenses.....

mendes911:
Honeywell.

http://www.nse.com.ng/Financial_NewsDocs/28115_HONEYWELL_FLOUR_MILL_PLC_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

They tried though. Was expecting a Tsunami here.

The eps na 2kobo or 2 naira

Jejebabaa:
Dangcem share buyback and reconstruction
http://www.nse.com.ng/Financial_NewsDocs/28063_DANGOTE_CEMENT_PLC_CORPORATE_ACTIONS_OCTOBER_2019.pdf

The first of its kind on NSE.....
Good one from Dangote cement

meshpips:
Bros,

hope you are getting some answers to your questions now?

I told y'all. Time tells the whole story.

Would you like to try some Oshogbo weed? It actually is good stuff. Ya eyes go open!!!

You cannot even wait for GTB to get to N19 before you start bragging...

bigjay01:
http://www.nse.com.ng/Financial_NewsDocs/28004_AIICO_INSURANCE_PLC._FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

A very good one from aiico .....hope they keep the momentum going.
This might be getting ready to do another NEM

mendes911:
Sir Loco, Oya take it. Your company "delivered".

http://www.nse.com.ng/Financial_NewsDocs/28024_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

SUPER!

The company is operating in a difficult sector.....
No disappointment here including the NCI

mendes911:
That was me doing "check check". You know those checks pilots perform before flight take-off. Needed to be sure you are on queue.

mendes911:
I carry bears come for you Sir.

Ah,ah, I never see the bear
As you called me out, na so I dashed out to check uba and zenith prices..

mendes911:
Sir Pluto......

Anything for the boys

stokfrick:
Oga have u heard of market makers(your stock brokers, e.g stanbic ibtc) they control a huge part of some company's share, they have both the knife and the yam.

Who told you am speaking based on hearsay. I have access to realtime market activities on the floor. And have monitored market activities for many years.
And yes market prices are also manipulated to move upwards.
No natural forces of demand and supply determining price. All are artificially created in NSE by the market makers.

"When the market is ready"!! Who is the market?? Abeg let's stop deceiving ourselves and accept reality. The earlier the better!

No problem sir, if you think it is manipulation that brought ASI from a level above 30000 to the present level.

stokfrick:
Nigerian stock market don CAST.
Broad day light manipulation everywhere! Just to prevent prices from moving up.
Very sad indeed!!!

Who are the people manipulating prices
Don't believe everything you read or hear o
When market is ready, nobody will stop its movement either downward or upward

locodemy:
The industry is becoming more competitive.
With this digital Agriculture investment going on nowadays,I doubt their survival.

You mean MMM agriculture

OakPearl:
CCNN faithfuls, I hear Q3 after tax profit is up 118.5%.
What's cooking?

Look very well o if you are interested....
Yes PAT improves and so is OS.....
With increase in PAT, there is still a big reduction in eps which makes the stock expensive at current price...

mendes911:
They were already part of the "chop-up" gang before they decided to acquire more shares. I really don't see how the extra shares they purchased made any difference for them (unto back door chippings).

I could be wrong though.

Did they actually buy the share back, I thought they back out.....

Coolcash1:
At times when i read all this oyinbo quote i just laugh. i always say to myself that if they were investing in NSE at the time they wouldn't have made all these quotes because they would have been dealt with.

Even the likes benjamin graham, warren buffet et al. that are long term players would just wake up one day and realize their investment is gone or has become worthless.....

Warren buffet doesn't play in our own kind of market.....
I doubt if there is any stock on NSE that will meet his investment criteria.

Intendy:
Stock with new 52 week low

Guinness #23.85k

Stock with new 52 week highs

Contisure #2.39k

Where is CP, Guinness has reached his junction

mendes911:
Were you expecting otherwise based on the 500k announcement. If result show and improvement dey, then I can agree that the stock is ready to move.

Some people just chop 10% clean mouth.

I am waiting for FO q3 result. q2 was good but certain things make me uncomfortable....
I can't hold a stock that I will be checking the price every 1 hour when there are plenty others that I can buy and still sleep well at night...

If q3 is OK, we will take it from there....

Homextras:
The manipulations in this market is something else.
Forte Oil..yesterday +10% today -10%.

Scam of the century.
Where are our regulators?

What do you want regulators to do?
Do you want them to think for investors

meshpips:
Without using FA, I gave the buy recommendation for this stock on this same thread when it was priced between 5.80 - 6.00 handle.

Shebi VAP na nonesense?

I told you guys that it works very well as a stand alone indicator and it is a LEADING indicator.

Make we still dey watch GTBank until it reaches 19.



Una nor go hear word here o! First to do nor dey pain.

Na my turn now.

If GTB should go to N19 what do you think will happen to access?
You still don't understand this market and your arrogance will not allow you to learn....

OakPearl:
30m Zenith in a single transaction at 10:01am!
Them don dey see wetin we dey see since?

But who are the people selling

[quote author=yok post=83419450][/quote]If those MSCI people really know what they are doing, they will not wait till this time before they sell....

OGG and others on this forum have given a sell recommendation on the stock long long time a go......

The Hawks are cycling again...
Some no get shame...
People should beware.....?

Mcy56:
Forte Oil take over by Ignite @ 66.25 per share
Qualification Date: Friday 25 October 2019
Acceptance Opens: Monday 04 Nov 2019
Acceptance Closes: Monday 25 Nov 2019

Forte Oil on full bid now.

Are they buying more than 500,000 units

mendes911:
Guinness

http://www.nse.com.ng/Financial_NewsDocs/27892_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

Na now the real reggae start.

Guinness is now officially, a LOSS MAKING COMPANY!

The terrain is rough....
It will be a long night for companies in the brewery sector....

currentprice:
if you are thinking which one to buy either ZENITH or UBA

my opinion is buy UBA UBA and UBA

reason: uba appears to have the best numbers so far

UBA definitely has a better numbers compared with zenith.
However, looking at dividend yield, Zenith still on top.
I am also fascinated with the way Zenith has been growing deposits and shareholders found(net assets). With the way the bank is going, it might hit the trillion naira mark in shareholders fund in the next one year......

maishai:
Chai,,,,, border closure has finished petroleum marketing business........Management will never come out to say this but if u map out the route of major tanker drivers u will understand....

Borders were not closed in the first half of the year......
The problems with petroleum marketers started before border closure.

DOLLARTEX:
http://www.nse.com.ng/Financial_NewsDocs/27877_TOTAL_NIGERIA_PLC._FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

Chain, them don infect total........

Agbalowomeri:
If you wan do jijo well, go learn your TA well nigbana

TA with discipline..

mendes911:
If I were you, would take my loses in Transcorp and bail.

By the time they release result, e fit no pure at all.

That will be me playing on the safer side. Could be wrong also.

I think she needs to define her investment objectives, if not the market will just be tossing her up and down.....

mendes911:
Make e no be like 2008 bottom ooo. That one na bottomless depth.

Kai, 2008. Can never forget.

It was a baptism of fire.....
There were many who did not understand how the market works....
We were just carried away by the crazy daily gains in price.....

mendes911:
Sir Pluto,

Position your cutlass ooo

Well positioned sir