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Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:30am On Sep 08, 2021 |
sterlingD:You get a reduction in your holding with them. For every 4 unit of your holdings you get 1 unit. If you have 100 unit, it will be reduced to 25 after listing but at an higher price. |
Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 8:58am On Sep 08, 2021 |
phemmie06:Okay l am just wondering they will reconcile for those who bought the stock around N0.88 |
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 9:49am On Sep 08, 2021 |
ogedanny: Since you already know the strategy, just collect the money and manage it for me with guaranteed return. For the period of the agreement, you will be lodged at Bonny camp so that there will be no distraction. 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Pete002: 9:53am On Sep 08, 2021 |
wanaj0: Lols |
Re: Nigerian Stock Exchange Market Pick Alerts by IamR: 9:56am On Sep 08, 2021 |
wanaj0:lol |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 10:14am On Sep 08, 2021 |
lol.... oga wertin happen to sheraton? wanaj0: |
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 10:15am On Sep 08, 2021 |
is UCAP truly heading to #10 sooner? well, as for UBA, it is the joy of every father to see his children (UCAP and AFRIPRUD) more successful than him. As UCAP is going up, his twin brother (AFRIPRUD) will also go up sorry, wetin rookie like me sabi self. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 11:07am On Sep 08, 2021 |
sterlingD: Normally I expect that if you have 12units it becomes 3units where unit price will then become 4x today's end of market price 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:19am On Sep 08, 2021 |
... |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 11:24am On Sep 08, 2021 |
samguru: A real Father's prayer indeed |
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 12:15pm On Sep 08, 2021 |
ojesymsym: Too much distraction. See how SE were disturbed even at Eko Hotel. At Bonny camp, it will be a RESERVED area 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:33pm On Sep 08, 2021 |
samguru: You want make I hold my UCAP be dat. I hope my country people no come from village de look for moni. |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:40pm On Sep 08, 2021 |
I wonder why STANBIC is showing lower revenues across it's businesses (except for the bank in Q2) and still giving out bonuses and doubling dividend. My Ogas please help me solve this puzzle. |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:08pm On Sep 08, 2021 |
yMcy56: They paid today. Thks ... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 2:12pm On Sep 08, 2021 |
wanaj0: |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:27pm On Sep 08, 2021 |
GTCO Sighted @27!!! Seems result is very close... The way these guys are playing with numbers will make someone to wonder "why me". Huge funds exiting and entering at the same time..... ACCESS Huge funds exchanging hands here as well.....more than 65Munits executed so far ...... Looks like my ogas-on-top here are bringing out their mattresses.......to key-into Access. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:42pm On Sep 08, 2021 |
ojeysky:Don't know why a side of my mind is supporting TRANSCORP this time around........like it will soon breakout or something........ Nothing is impossible for God anyway. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:43pm On Sep 08, 2021 |
Pete002:Just anyone. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:48pm On Sep 08, 2021 |
Raider76:Some things are better allow to be. Enjoy your dividends and stop digging into mysteries. BTW, this moniker sounds like @Moneymanager 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:56pm On Sep 08, 2021 |
yMcy56: Anyone who has been in Transcorp for up to 6 months shouldn't sell at this time.Another 6 months won't pass it. |
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 8:56pm On Sep 08, 2021 |
I better send them email then. Thanks for responding. phemmie06: |
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 8:57pm On Sep 08, 2021 |
phemmie06: I hope Mr Adenuga and Co will do the needful in time. It is taking forever since they released they audited results |
Re: Nigerian Stock Exchange Market Pick Alerts by klas(m): 1:50am On Sep 09, 2021 |
sterlingD: No problem in reconciliation. After the reconstruction, the total units of your shares will be divided by 4. The cost per unit of the new share to you based on the N0.88 that you bought will now be N3.52 per share that is now having N2 as nominal value instead of former 50kobo. The opening market price of each new share on the day that the suspension is to be lifted based on yesterday’s closing price of N0.83 will be N3.32 per new share. Thereafter, market forces will determine its trading price going forward. 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Diyke4rich: 4:38am On Sep 09, 2021 |
Do you think transcorp will touch N1 or N1.50kobo one day? locodemy: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:00am On Sep 09, 2021 |
Diyke4rich: You said one day? How much was the stock 1-5 yrs ago? Trascorp has no good news except ughelli power plant when the share price was selling at #5+.There are so much streams of income to the company now than before.The Agric subsidiary news is even on the way.Will hit the market by surprise. What I am suggesting they should do now is to reconstruct the shares at least 1:1 which will bring the share price to 20B os and eps of 50kobo at year end after reconstructions is enough to drive the stock to almost #10 since it is the leader of power sector.Being a growth stock is also a plus to the stock. Even without reconstructions, expect Transcorp at #4 though it's not gonna be automatic. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:04am On Sep 09, 2021 |
klas: Excellent narrations.You said it all. 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 9:56am On Sep 09, 2021 |
klas: And Mr. Market can wreck havoc. Remember the nightmare of Unity Bank's reconstruction? The price still dropped back to the original N0.50! So you end up with fewer shares at the same price. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:17am On Sep 09, 2021 |
Raider76: Bad prayer.Balance sheet will decide that. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:30am On Sep 09, 2021 |
Raider76: The same thing happened to C& I. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:36am On Sep 09, 2021 |
OBAGADAFFI: C&I hasn't released any good result since they splitted their shares.I am having the feelings mansard will like to take the lead again in the insurance sector.Just a mere saying. |
Re: Nigerian Stock Exchange Market Pick Alerts by klas(m): 10:41am On Sep 09, 2021 |
Raider76: Lol Unity bank is a bit different though. Unity Bank did capital reduction to wipe off accumulated losses from its balance sheet using the share capital since it was not (and still not) making profit that can be used to write off the losses. The nominal value was not increased from 50k. Mansard own is a sort of re-denomination to higher nominal value from 50k to N2. The book value of the total share remain the same. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:43am On Sep 09, 2021 |
locodemy: Well, I hope so. No trading on Mansard this morning. |
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