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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:38pm On Sep 24, 2021 |
Biafran4life:It's so unfortunate that Cashcraft eventually closed shop..........if that's true. Think we discussed about it in this forum and the handwriting was clearly shown on the wall. Think your post even made the discussion to come up then.......... It's well. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:44pm On Sep 24, 2021 |
Bovis:The move was long overdue..... It has been trading intra day higher than the previous value BUT no 100k block to move the price.... Respite eventually came it's way........that was why you can see it gained +10% that day. Movt up or down of this type of stock used to take time.........I mean, officially. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 3:04pm On Sep 24, 2021 |
yMcy56: Institutions/organizations are just like a building if anything goes wrong with the foundation or any fundamental part of the structure it will collapse. Remember the likes of BGL. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:46pm On Sep 24, 2021 |
FBNH 473m shares crossed today. Has this got to do with Honeywell also? |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 4:12pm On Sep 24, 2021 |
Flash360: We are doing fine. We don't buy at ATH just as we do in NSE. Besides the ongoing Naira devaluation is cushioning the effect. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 6:04pm On Sep 24, 2021 |
yMcy56: It's weekend gra gra. Some people need money for weekend. We see how next week goes. |
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 6:08pm On Sep 24, 2021 |
Flash360: Are you kidding me . The only people who are hurt are those who entered the market this month. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mohzus: 8:46pm On Sep 24, 2021 |
Heishere: Buying usdt and busd alone they give joy |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 7:26pm On Sep 25, 2021 |
https://doclib.ngxgroup.com/Financial_NewsDocs/34132_ACCESS_BANK_PLC%20ACCESS_BANK_PLC_ANNOUNCES_ADDITIONAL_.pdf Access raising another Eurobond to add to the one they issued earlier this month. Please does anyone know what these banks raising Eurobonds are using it for ? So that one can understand potential future risks (or possible gains) to those in the Access boat. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:04pm On Sep 25, 2021 |
BabsO2:I am suspecting Union bank purchase. Recall the major investor in Union bank had expressed an interest to divest, and Access bank happened to be one of those thought to have made an interest in taking over Union bank. Zenith bank was also named. In any case, its normal and common for companies including banks to takeup and repay Eurobonds although they do often name their reason for such. Access did not name what they intend doing with theirs. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:33pm On Sep 25, 2021 |
BabsO2:AccessBank taking more risks than needed 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 12:55pm On Sep 26, 2021 |
Is Union Bank not the elephant bank that start in 190x? That bank is one of our national heritage, how can one baby bank like access swallow a supposedly big bank like Union, na wa someone should salvage the bank abeg. Mpeace: |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:32pm On Sep 26, 2021 |
Mpeace: They should not need dollars to buy Union bank. Cannot see how they will get future dollar cashflow through such purchase in dollars to payback the Eurobond in dollars. But won't be surprised if a calculated risk is being taking for such purchase. GT has not paid GDR dividends. There are currency risk issues if business cashflow is not sufficient in the expected currency of a transaction. 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:35pm On Sep 26, 2021 |
megawealth01: I think they are. And those in the boat need to understand the risk. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 4:06pm On Sep 26, 2021 |
ojesymsym:Lol. Union has long lost its glory. No past glory to live on. The major investor wants to sell. https://www.google.com/amp/s/nairametrics.com/2021/05/06/zenith-access-others-move-to-acquire-union-bank-other-african-assets-of-atlas-mara/%3famp=1 https://www.premiumtimesng.com/news/more-news/438293-union-banks-principal-owner-considering-sale-of-50-stake.html |
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:50pm On Sep 26, 2021 |
This week on Value Nigeria Podcast, we undertake an overview of how to analyse the financial statement of banks and the key numbers to look out for. Thanks for listening... https://anchor.fm/value-nigeria/episodes/29--Fidelity-Bank-Analysis-Part-1-Understanding-the-financial-statement-of-a-bank-e17tm7b
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Re: Nigerian Stock Exchange Market Pick Alerts by bizza45: 10:47pm On Sep 26, 2021 |
Can someone advise me on How to sell my zenith shares ... I really don't know anything about it neither do I have any knowledge of stockbroker |
Re: Nigerian Stock Exchange Market Pick Alerts by Dollarwoman: 4:36am On Sep 27, 2021 |
Then how did you get the zenith bank shares? You stole them? |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 8:21am On Sep 27, 2021 |
Dollarwoman: I guess he bought through the public offer 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by dharpzee: 8:45am On Sep 27, 2021 |
bizza45: Kindly reach out to us at Meristem Stockbrokers ltd, and open a stockbroking account with us 08058925928 |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 9:00am On Sep 27, 2021 |
BRENT sighted @ $79 Should we expect $100 by year end BARGAIN HUBTERS TAKE NOTE! |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:21am On Sep 27, 2021 |
PETERiCHY: Your stock market is not responding to any news. Inflation on the highness yet market which is suppose to be up in order to beat inflation is down. You want us to be happy that crude oil is nearing $80 when it is of no value to us. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Flash360: 9:23am On Sep 27, 2021 |
Only upstream oil companies will gain from this. The country as a whole will still suffer as long as we still import 100% of petroleum products consumed. PETERiCHY: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:21am On Sep 27, 2021 |
This time around nobody will beg the market to go up.The economy is messed up.Exchange rates, interest rates and inflation. The only hope for equity investors is for the market to move up and this time nobody will beg for it. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ZikkyChops(m): 11:23am On Sep 27, 2021 |
Axa Manzard back to trading |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:57am On Sep 27, 2021 |
ZikkyChops: Mr. Market is dealing with Mansard. Dangers of reconstruction. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:11pm On Sep 27, 2021 |
OBAGADAFFI: It will try to resist falling. If there will be willing sellers, the price will go down. If no willing sellers, the stock will remain illiquid for a while because buyers are not ready to buy at this current price. Earning season is fast approaching.We will soon know the right price for Mansard. If the price continues to fall, I will like to gamble here for 10-20% as usual. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:35pm On Sep 27, 2021 |
locodemy: Well, let's see how it goes. I noticed the opening price is N3.32, |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:17pm On Sep 27, 2021 |
GUINNESS Guinness is back with dividend payment! This is a positive development...... Dividend: 0.46k Qualification Date: 28th Sept. 2021 https://doclib.ngxgroup.com/Financial_NewsDocs/34134_GUINNESS_NIG_PLC%20CORPORATE_ACTION_ANNOUNCEMENT_ON_DIVI.pdf |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:25pm On Sep 27, 2021 |
nna777:Access still appreciated with 0.25k today.......to close @9.20....... What do we call this one? Beginning of working week gra gra? Lol. Access doesn't belong to the below 10 League.......this has been said before......Mr.Market will take care of it at it's appropriate time. E Ku market o. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:35pm On Sep 27, 2021 |
emmasoft:I think Cashcraft was so complacent with old fashion way of doing things that they failed to move with time and trend when others were busy switching over and embracing new technologies. The owner is an industrious and very hardworking man. Guess he was surrounded by vision less guys who couldn't advice him right. I feel for the man. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:55pm On Sep 27, 2021 |
ojeysky:Mansard is back post-reconstruction! Opened with 3.32 in today's market (0.83 x 4) Lost 10% to close @2.99 MM may likely come to this one's rescue at certain point along the steepy lane to stabilize the price. |
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