universal insurance plc, closed with +10% . i need it to fall back o. we are not done mopping.

Africa Prudential Suffers Decline in H1 2021 Revenue, Profits
https://businesspost.ng/economy/africa-prudential-suffers-decline-in-h1-2021-revenue-profits/

Market Rises 0.21% as Appetite for Total Nigeria Shares Persists
https://businesspost.ng/economy/market-rises-0-21-as-appetite-for-total-nigeria-shares-persists/

Nigeria’s Unlisted Securities Market Sheds 1.55%
https://businesspost.ng/economy/nigerias-unlisted-securities-market-sheds-1-55/

Domestic Currency Falls to N504/$1 at Black Market
https://businesspost.ng/economy/domestic-currency-falls-to-n504-1-at-black-market/

Brent Crude Sells at $74 Amid Tight Supplies Forecasts
https://businesspost.ng/economy/brent-crude-sells-at-74-amid-tight-supplies-forecasts/

Retirement Savings Accounts and Wills: The Meeting Point
https://businesspost.ng/featureoped/retirement-savings-accounts-and-wills-the-meeting-point/

Cybercrime: The Greatest Challenge of the Nigerian Youth in the Digital Age!!!
https://businesspost.ng/technology/cybercrime-the-greatest-challenge-of-the-nigerian-youth-in-the-digital-age/

Investors psychology

samguru:
Investors psychology

Very funny but true

salanda:
OANDO
This rally is only part one, part two is coming later...heading to 6!

Part two may depend on the release of the backlog of results they are supposed to release in their agreement with SEC, and if the results are good. However, sentiment is always a factor with OANDO.

Flash360:
universal insurance plc, closed with +10% . i need it to fall back o. we are not done mopping.

What is responsible for the increase in demand and upward price movement after a long period of stagnation

This is to inform you of the Extra-Ordinary Meeting of our dear Company – FTN COCOA PROCESSORS PLC – which is scheduled as indicated below:

Date: THURSDAY, AUGUST 11, 2021

Time: 12:00 NOON

Venue: LAGOS CHAMBER OF COMMERCE & INDUSTRY

CONFERENCE & EXHIBITION CENTRE

PLOT 10, NURUDEEN OLOWOPOPO WAY

ALAUSA IKEJA, LAGOS STATE


In view of the COVID-19 pandemic, the restriction on mass gatherings and in line with the Guidelines issued by the Corporate Affairs Commission on holding EGMs/AGMs using proxies, attendance at EGM shall only be by proxy. Consequently, a member entitled to attend and vote at the EGM is advised to select from the underlisted proposed proxies to attend and vote in his stead.

I. Mr. Abiola A. Aderonmu

II. Otunba Wale Jubril

III. Mr. Emmanuel Oladosu

IV. Mr. Chinwendu Achara

V. Mr. Toye Osungbesan

VI. Mr. Dipo Adeniran


Following the above, copies of relevant documents have been attached to the links below which you can either view or download.


EGM NOTICE PROXY FORM


For a proxy form to be valid for the purpose of the meeting, it must be completed and deposited at the Registered Office of the Company at 16a Commercial Avenue, Sabo-Yaba, Lagos or The Registrar, Meristem Registrars and Probate Services Limited, 213 Herbert Macaulay Way, Adekunle, Yaba, Lagos. All proxy forms should be deposited at the Company Secretary’s/Registrar’s Office not later than 48 hours before the time of holding the meeting. Note that payment of stamp duties for all proxy forms shall be at the Company’s expense.

Broadcast of the EGM

The EGM will be streamed live. This will enable shareholders and other stakeholders who will not be attending physically to view the proceedings. The link for the EGM broadcast will be made available on the Company’s Website at www.ftncocoa.com.ng

Thank you and please stay safe.

Meristem Registrars and Probate Services Limited

for a start, the stock in highly undervalued. Book Value is about 60kobo, while market price is 20kobo. they dont have borrowings and the balance sheet is growing strong. They are likely to meet their recapitalization target anytime from now. Also their negative retained earnings has almost been cleared totally, giving hopes of dividends in the near future.

Anyways, make person sha offload plenty units at 20kobo on monday. We carry mop come.

sonofElElyon:

What is responsible for the increase in demand and upward price movement after a long period of stagnation

Flash360:
for a start, the stock in highly undervalued. Book Value is about 60kobo, while market price is 20kobo. they dont have borrowings and the balance sheet is growing strong. They are likely to meet their recapitalization target anytime from now. Also their negative retained earnings has almost been cleared totally, giving hopes of dividends in the near future.

Anyways, make person sha offload plenty units at 20kobo on monday. We carry mop come.

Thanks

Insurance is a no for me. Happy Sunday

ojeysky:


I wonder why

Smart money and bargain hunters are put the heavy bids at N9, and not willing to buy higher.

How can people who have no interest in Individual stock picking invest profitably?

In this episode of Value Nigeria with Ajibola, we conclude our discussion on "Passive Investing Strategies".

Thank you for listening...

If you have any questions that you would like us to address on the podcast, kindly send an email to valuenigeriawithajibola@yahoo.com

Thanks fam...

https://anchor.fm/ajibola-oladele-awolowo/episodes/Passive-investing-concluding-part-of-Investing-in-fixed-income-debt-instruments-e14v0i9

lol, past lessons was too deep. i only follow fundamentally sound stocks. retail insurance investors pre-2008, were just gambling
(including me) based on the massive bully rally in the market. Learnt my lessons the hard way. There are still valuable stocks in the industry, you just have to do your research proplerly.

zionaigbokhan:
Insurance is a no for me. Happy Sunday

ukay2:


Bigjay2......grand commander of UCAP....from 90k to current price

Sold earlier in the year (ex Div). The proceeds has since done wonders elsewhere

CUTIX
Q4 PAT over +100%
Dividend of 15kobo and bonus of 1:1 recommended.
https://doclib.ngxgroup.com/Financial_NewsDocs/48_Cutix_Plc_-_Notice_of_Share_Dealing_By_an_Insider.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/33702_CUTIX_PLC%20CUTIX_PLC_%20RESOLUTION_OF_THE_MEETING_OF_BOA.pdf

ZENITH
To pay interim dividend...
https://doclib.ngxgroup.com/Financial_NewsDocs/33728_ZENITH_BANK_PLC%20ZENITH_BANK_PLC_%20__APPROVAL_OF_THE_GRO.pdf

FTNCOCOA
To raise capital to be injected into the biz......
https://doclib.ngxgroup.com/Financial_NewsDocs/33717_FTN_COCOA_PROCESSORS_PLC%20_NOTICES_OF_EXTRA%20ORDINARY_GE.pdf

Cc: DDLadany

Good morning NSEMPA

Guys, Where can i get a list of companies in the agriculture sector or food related companies including FMCG in the NGX market?

dipoolowoo:
Africa Prudential Suffers Decline in H1 2021 Revenue, Profits
https://businesspost.ng/economy/africa-prudential-suffers-decline-in-h1-2021-revenue-profits/

...

Market is already reacting to the result. Interestingly, as some are offloading, investors are on the other side to buy in multiples of thousands...Full offer is loading.

Oando and FTN on full bid

OBAGADAFFI:
Oando and FTN on full bid

Nawaoh

yMcy56:
CUTIX
Q4 PAT over +100%
Dividend of 15kobo and bonus of 1:1 recommended.
https://doclib.ngxgroup.com/Financial_NewsDocs/48_Cutix_Plc_-_Notice_of_Share_Dealing_By_an_Insider.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/33702_CUTIX_PLC%20CUTIX_PLC_%20RESOLUTION_OF_THE_MEETING_OF_BOA.pdf

ZENITH
To pay interim dividend...
https://doclib.ngxgroup.com/Financial_NewsDocs/33728_ZENITH_BANK_PLC%20ZENITH_BANK_PLC_%20__APPROVAL_OF_THE_GRO.pdf

FTNCOCOA
To raise capital to be injected into the biz......
https://doclib.ngxgroup.com/Financial_NewsDocs/33717_FTN_COCOA_PROCESSORS_PLC%20_NOTICES_OF_EXTRA%20ORDINARY_GE.pdf

Cc: DDLadany

Please, Madam Myc, what's your take on Cutix for medium term, DD on me.

megawealth01:
That one sure pass OANDO ooooo

please...

CHAMS
Right now in the market you have a ratio of about 1:50. For every single bid there are 50 offers... lol

but no lele you can turn things around and start mopping like @Flash360. Place bids at 0.20

ETI
Eps: 1.387 with 29% growth in profit (YOY)

https://doclib.ngxgroup.com/Financial_NewsDocs/33741_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_2_%20_FINANC.pdf

LASACO CORPORATE ACTION
Dividend: 10kobo
Qualification Date: Aug 5, 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/33737_LASACO_ASSURANCE_PLC%20CORPORATE_ACTIONS_ANNOUNCEMENT_T.pdf

LIVESTOCK Q2 2021
Very impressive Q2 result.....
EPS of 5.38 (as against 2.54 in 2020)
6 months period: EPS of 11.26 (as against 3.14 in 2020)
https://doclib.ngxgroup.com/Financial_NewsDocs/33740_LIVESTOCK_FEEDS_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_.pdf

ECOBANK (ETI)
A good one from ETI too.......
https://doclib.ngxgroup.com/Financial_NewsDocs/33741_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_2_%20_FINANC.pdf

APR result affecting UCAP share price, "the wheat will still be separated from the shaft", each one go waka its own way.....

ETI, Livestock responding to good results....

GTB
Quite a lot of cross deals and floor picks....

zionaigbokhan:

Please, Madam Myc, what's your take on Cutix for medium term, DD on me.

As for me o, Cutix is still a take away at current price.... especially if you're a long termer.
I responded to someone just last week too....

@Currentprice pls check under your bedsheet and give us the fair value of this stock abeg.....

AFRIPRUD's misfortune rubbing on UCAP.

Any news on Livestock? It's on full bid.

ARDOVA
Getting quite a lot of attention since market opens......
Maybe some insiders already sighted result or there's something positive around the corner.....
We'll see....

[quote author=yMcy56 post=104114213]ARDOVA
Getting quite a lot of attention since market opens......
Maybe some insiders already sighted result or there's something positive around the corner.....
We'll see....[/

I think it might be people who can't get into OANDO rushing into ARDOVA believing that what happens to a key stock in a sector will affect others in the sector. Just look at the price drop today of UCAP just because AFRIPRUD reported bad results. Up to Friday UCAP was rallying.