The rate at which some stock are getting serious patronage for the past few weeks looks much more beyond locals alone.......

Zee, Stanbic, GTCo, Vitafoam, UCAP, Dangsugar, Fidelity, NB, FBNH, UBA, ACCESS, MTN, and few others.....
Are the FPIs secretly/stylishly taking position as well? OR, much more Directors are now increasing their stakes?
Time will tell.

Flash360:
nah. sunu group have been acquiring more units of the stock by 1st restructuring their shares, private placement funding & clearing their existing debt with Daewoo. they would inject 3bn soon to complete the recapitalization goal by private placement or rights offer. By then, they will control over 90% of the company = takeover.

Well, im just a highren doing his own permutation. Apply Due Diligence.

I mentioned this firm and someone here was warning me... This market is deep

STATE HOUSE PRESS RELEASE

PRESIDENT BUHARI OFF TO LONDON FRIDAY FOR MEDICAL FOLLOW-UP

President Muhammadu Buhari will proceed to London, the United Kingdom on Friday, June 25, 2021, for a scheduled medical follow-up.

He is due back in the country during the second week of July, 2021.

Femi Adesina
Special Adviser to the President
(Media and Publicity)
June 24, 2021

https://www.nairaland.com/6619122/president-buhari-off-london-friday#103052859

Within the next 3 weeks that Bubu will be out of toen.

The BULL will visit NSE

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Please how can someone get gtl Registrars to respond to a mail

2cato:

with GTCO what other business will they be doing

Not sure but I think
Pension, Asset Management, Stockbroking, Trustee, Investments e.t.c

mumu9gerian:
Please how can someone get gtl Registrars to respond to a mail

A mail is never a mail unless its acknowledged by a worthy third party...................... Lets imagine you want your account mandated and dividend paid promptly...................firstly make sure your broker has a good customer service...................... Proceed to gtl registrar and listen to their blabbing, all in all make sure you get the company mail addresses of contact staff, then contact cscs and pray a cscs staff answers you................................ From then on any mail you send to GTL make sure you copy ur broker, CSCS and any other worthy 3rd party......... Any mail you send now gets copied to both your brokers system and CSCS system.......................................... Then watch as they work and update you on proceedings......... where you need to come in you would be alerted

2cato:

with GTCO what other business will they be doing

Post restructuring, the GTB Holdco structure will consist of the banking subsidiaries and the non-banking subsidiaries. The banking subsidiaries will include GTBank (Nigeria, West Africa & East Africa) and GTBank UK while the non-banking subsidiaries will be a payment company, an asset management company, and a pension business.

For more news: https://www.proshareng.com/news/Stock%20&%20Analyst%20Updates/Guaranty-Trust-Bank-Plc--Update-on-HoldCo-Structure/57794

Those who did not want holdco had been leaving GTB to position in Zenith

Agbalowomeri:
Those who did not want holdco had been leaving GTB to position in Zenith

How do you know this?

mumu9gerian:
Please how can someone get gtl Registrars to respond to a mail

Check your spam box as well

Ariyibi Urges Investors to Invest in Stocks With Good Fundamentals
https://businesspost.ng/economy/ariyibi-urges-investors-to-invest-in-stocks-with-good-fundamentals/

NGX Lists 29.4 billion GT HoldCo Shares at N28.55 Each
https://businesspost.ng/economy/ngx-lists-29-4-billion-gt-holdco-shares-at-n28-55-each/

DMO Slices 30-Year FGN Bond Coupon Rate to 13.70%
https://businesspost.ng/economy/dmo-slices-30-year-fgn-bond-coupon-rate-to-13-70/

June 2021 Allocation to FG, States, LGs Drops to N605.96bn
https://businesspost.ng/economy/june-2021-allocation-to-fg-states-lgs-drops-to-n605-96bn/

Buhari Leaves Nigeria Friday to London for Medicals
https://businesspost.ng/general/buhari-leaves-nigeria-friday-to-london-for-medicals/

maishai:


A mail is never a mail unless its acknowledged by a worthy third party...................... Lets imagine you want your account mandated and dividend paid promptly...................firstly make sure your broker has a good customer service...................... Proceed to gtl registrar and listen to their blabbing, all in all make sure you get the company mail addresses of contact staff, then contact cscs and pray a cscs staff answers you................................ From then on any mail you send to GTL make sure you copy ur broker, CSCS and any other worthy 3rd party......... Any mail you send now gets copied to both your brokers system and CSCS system.......................................... Then watch as they work and update you on proceedings......... where you need to come in you would be alerted

Thanks

freeman67:


Post restructuring, the GTB Holdco structure will consist of the banking subsidiaries and the non-banking subsidiaries. The banking subsidiaries will include GTBank (Nigeria, West Africa & East Africa) and GTBank UK while the non-banking subsidiaries will be a payment company, an asset management company, and a pension business.

For more news: https://www.proshareng.com/news/Stock%20&%20Analyst%20Updates/Guaranty-Trust-Bank-Plc--Update-on-HoldCo-Structure/57794

Dsticks47:


Not sure but I think
Pension, Asset Management, Stockbroking, Trustee, Investments e.t.c

what about ARM Investment, investment one and mansard insurance

DrAwo:

This entire post was exactly my point in asking the question I asked...

I know the formula and its intricacies... The challenge is that the average Nigerian company reports their numbers in a way that makes it difficult to distill such advanced metrics from them...

Like Buffett says, if a company wants to obscure their numbers, even the best accountant will struggle to unravel them...

There's a ripe market for financial services companies like Bloomberg, Morningstar etc that will focus on the Nigerian Market... I won't mind paying a subscription for such a service...

The issue isn't really with how the companies report their numbers. The one input that would be difficult to calculate is the levered beta of the stock. In the industry, you can just pull this information from bloomberg. Without access to a bloomberg terminal (or similar financial data) then you will have to calculate the company's historical beta using regression analysis. Not too difficult, but a little tedious. Another more thorough method involving bloomberg is to spread comps of similar companies unlevered beta, take the average and then re-lever beta based on the capital structure of the company you are analyzing

Good Morning NSEMPA,

NPF Microfinance bank Hybrid Offer (Right issue and Public Offer) opened yesterday at #1.50.

The offer will close on June 30th,2021.

I am not promoting this offer neither recommending

DD is advised

Thank you

Please bosses in the house. I'm presently doing my MSC program in UI and exams is knocking at the door. But the problem I have currently is that, I'm yet to pay for the sch fees which is #141400. And 80k had been seen


Please, I'm pleading to you guys. In anyway you can be of help to me. Please help me with any little amount you can. Please, please.

God bless you as I anticipate your benevolence.

....

GTB
Sighted @29.40........
Let's see how far it can go....

** So far, market is just there generally.....we see how it goes.....

yMcy56:

Nsempa, not everyone is a scammer as always assumed. Make Una help if it's in your power to do so.
Wish you best of luck.

Is that the purpose of this thread?

yMcy56:

Nsempa, not everyone is a scammer as always assumed. Make Una help if it's in your power to do so.
Wish you best of luck.

Morning ma. Thank you for this

yMcy56:
GTB
Sighted @29.40........
Let's see how far it can go....

** So far, market is just there generally.....we see how it goes.....

GTCO

OBAGADAFFI:
GTCO

Na so...... we're so used to GTB nah.

This same GTB was selling for N28 and Mcy was shouting it here, but some ogas said they're waiting @ sub 20.
E Ku waiting ooo my bosses.....

yMcy56:

Na so...... we're so used to GTB nah.

This same GTB was selling for N28 and Mcy was shouting it here, but some ogas said they're waiting @ sub 20.
E Ku waiting ooo my bosses.....

I have a feeling it will overtake StanbicHolding very soon.

locodemy:


Is that the purpose of this thread?

Sorry for that boss.

OBAGADAFFI:
I have a feeling it will overtake StanbicHolding very soon.

May not overtake STANBIC.......but will likely move more closer/close the wide gap in the short or long run ........that's my opinion.

Remember STANBIC is a holding company too.

GTCO
What Guaranty Trust Holding Company (HOLDCo) Means For Investors
Value Creation, Strengthened Revenue Diversification, Earnings Growth, Higher ROI among others........

https://nairametrics.com/2021/06/25/what-a-guaranty-trust-holding-company-means-for-investors/

GTCO why are you running ehn, Why are you running?? [/color][color=#000000]

UCAP
Went as low as N6.01 earlier........back @6.17.....

yMcy56:

May not overtake STANBIC.......but will likely move more closer/close the wide gap in the short or long run ........that's my opinion.

Remember STANBIC is a holding company too.

Because the majority of STANBIC shares are with the SA guys.

yMcy56:

Na so...... we're so used to GTB nah.

This same GTB was selling for N28 and Mcy was shouting it here, but some ogas said they're waiting @ sub 20.
E Ku waiting ooo my bosses.....

Picked GTB at 28 plus....
Seems prices are not comin down
2 much this season...
We ve got to play the game as it comes...
Need to pick Stanbic b/4 it zoom off ..

yMcy56:

Na so...... we're so used to GTB nah.

This same GTB was selling for N28 and Mcy was shouting it here, but some ogas said they're waiting @ sub 20.
E Ku waiting ooo my bosses.....

You dey laugh me
When I begin laugh you no cry o

GT hit N30
Na wa o....