emmanuelewumi:



The previous annual report are available, it was a wasteful company I believe things will improve now that it is listed.


Those of us who bought 4 months ago on NASD thought we would get dividends for the business done in 2020, alas their was no dividend to declare.

Even the N2 billion dividend NGX got from CSCS was used as part of the running cost of the business

Highlight of CSCS performance in 2020 during the lockdown, hope they will be able to repeat that in 2021

Imagine Investment income of N7.4 billion by CSCS, those were coupons earned on their bond Investments as they don't have real estate and are barred from Investing in equities

Imagine Aiico declaring over 50% drop in profit after increasing outstanding shares to over 20 billion.

Mansard will increase momentum today.Mansard of 9b os with a profit of over 2b in q2 vs Aiico of 20b + os with a profit of #2b+ in q3.

Mansard q3 may drop today or tomorrow.lets watch

A pleasure to see a decent profit in my total portfolio this morning.This is just the beginning.My labour shall not be in vain.

faoogoke:

I was able to exit today. Thank God!
I will be waiting for it to come down to around N15 before I enter again.
And hold for around 4 years before I exit.

Why did you run? Lol.
Did you see premarket of over 8M units bid @ day's high, 22.50? ......but the person removed it again before market starts..
Coming quarterly resul lt may likely be good.
Mentioned yesterday that it looks like some guys are trying to push the share price down to enter cheaper.........only time can prove this right or wrong.

** Not in any form an advice. Just calling your attn to it.........moreso that you were optimistic about it initially**.

***Updated: Just read Pa. Emma's posts on NGXGROUP. Pls note that you're the CEO of your portfolio. Mcy just reported what was observed in the market ni.**

emmanuelewumi:



The previous annual report are available, it was a wasteful company I believe things will improve now that it is listed.


Those of us who bought 4 months ago on NASD thought we would get dividends for the business done in 2020, alas their was no dividend to declare.

Thanks for the info.

locodemy:


This is interesting

That's how I choose entry prices o. Except for huge volumes like FBNH

I have been trying to buy shares of Mansard today through i-invest platform but it says trading on mansard is suspended. I thought the suspension is over already.

locodemy:
Imagine Aiico declaring over 50% drop in profit after increasing outstanding shares to over 20 billion.

Mansard will increase momentum today.Mansard of 9b os with a profit of over 2b in q2 vs Aiico of 20b + os with a profit of #2b+ in q3.

Mansard q3 may drop today or tomorrow.lets watch

Ngxgroup remains a dicey stock as it stands. I saw the 8m unit at 22.50 but why did the person remove it?

NGXGROUP
The guys at 22.65, let them go and clear the bids if they're serious about selling........

aimaft:
Ngxgroup remains a dicey stock as it stands. I saw the 8m unit at 22.50 but why did the person remove it?

It's great someone else saw it too......
Could be a strategy to accumulate at much cheaper price.....

yMcy56:
NGXGROUP
The guys at 22.65, let them go and clear the bids if they're serious about selling........


It's great someone else saw it too......
Could be a strategy to accumulate at much cheaper price.....

If you no take time,I go first you chop profit for NGX wey you dey defend.

Courteville on her way to 70kobo.I too like this stock.

Full bid....... Boom result sighted

locodemy:
These stocks remain our best stock picks for now and weeks ahead

Pz
Mansard
Courteville
Access bank
Living Trust
Npf
Transcorp.


UBN with a reason under review.watch it closely.Upward move is imminent.

Happy weekend.May next week be fruitful to us.

Answered prayer

Loco's monkey don come market

yMcy56:
NGXGROUP
The guys at 22.65, let them go and clear the bids if they're serious about selling........


It's great someone else saw it too......
Could be a strategy to accumulate at much cheaper price.....

Auntie, I also saw that single bid, to me it looks like the person involved just want to use it to create FOMO effect. He started with 5.5mil bid, then later withdraw it and increase it to 5.8mil then boom to 8.5mil then finally 8.8mil but withdrew the bid 3minutes before the close of bidding window. Let the same person bring the bid at say #21 in this market session cuz that is cheaper than the earlier #22.50 that he wanted to buy . I have also see things kind of the played out in champion and uptill today that person has not come to buy the buying. I think that the bid is being used to create FOMO or indecision so that the price will not go below #20. I could be wrong but that bid is highly suspicious

What is your pick on UBN?

locodemy:
Courteville on her way to 70kobo.I too like this stock.

Full bid....... Boom result sighted

BUT my BOSS CP postulated that the likely price that minority investors might be compulsorily bought from is 55kobo. So why do you think the price will go to 70k? Hmmmm. That acquisition matter is making the whole dicey. My experience with Uniondag is what I don't want repeated

Marketapprentic:


BUT my BOSS CP postulated that the likely price that minority investors might be compulsorily bought from is 55kobo. So why do you think the price will go to 70k? Hmmmm. That acquisition matter is making the whole dicey. My experience with Uniondag is what I don't want repeated

Have you gotten an official circular from NSe concerning the delisting?
That stock may reach #1 before the official announcement.Shareholders know how to play this game especially at this time of no action.

Marketapprentic:
Auntie, I also saw that single bid, to me it looks like the person involved just want to use it to create FOMO effect. He started with 5.5mil bid, then later withdraw it and increase it to 5.8mil then boom to 8.5mil then finally 8.8mil but withdrew the bid 3minutes before the close of bidding window. Let the same person bring the bid at say #21 in this market session cuz that is cheaper than the earlier #22.50 that he wanted to buy I could be wrong but that bid is highly suspicious

You're very correct.
That was the order in which the person placed the bid in pre-market.
......but you could also be wrong, or could be right........ most times, insiders have privileged info and they sniff result/ corporate actions before anyone else.

As at now, bids far outweigh offers and someone somewhere is codedly buying @20 or below.........so if it's a strategy to buy cheaper, I think the person has successfully achieve/been achieving his/her aims.

Whatever it is, good or bad, we dey observe them.....

locodemy:

If you no take time,I go first you chop profit for NGX wey you dey defend.

Lol. Nothing spoil nah.
Na for us to chop profit with those big boys matter most.

https://doclib.ngxgroup.com/Financial_NewsDocs/34342_AIICO_INSURANCE_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/34343_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20_QUARTER_3_%20_FINAN.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/34344_IKEJA_HOTEL_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR_2.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/34345_BUA_CEMENT_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR_20.pdf

LOCO'S LIVING TRUST RESOLUTION AT AGM
https://doclib.ngxgroup.com/Financial_NewsDocs/34339_LIVINGTRUST_MORTGAGE_BANK_PLC%20OCT_2021_EXTRA%20ORDINARY_.pdf

*Modified*
Q3 of BUA & Ikeja Hotel posted already.

yMcy56:
NGXGROUP
The guys at 22.65, let them go and clear the bids if they're serious about selling........


It's great someone else saw it too......
Could be a strategy to accumulate at much cheaper price.....

NGX group closed at N19.65k

https://doclib.ngxgroup.com/Financial_NewsDocs/34346_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20_QUARTER_3_%20_FINANC.pdf

GTB dey fall my hands QoQ

samguru:
https://doclib.ngxgroup.com/Financial_NewsDocs/34346_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20_QUARTER_3_%20_FINANC.pdf

GTB dey fall my hands QoQ

I think we are getting closer to when ZENITH BANK will overtake GTB. They Don dey fall hand.

Marketapprentic:


I think we are getting closer to when ZENITH BANK will overtake GTB. They Don dey fall hand.

Is it formula 1 ?

Guaranty Trust Holding Company (GTCO): Profit After Tax Inches Slightly Higher in Q3 2021
https://investorsking.com/2021/10/26/guaranty-trust-holding-company-gtco-profit-after-tax-inches-slightly-higher-in-q3-2021/

99 Percent of Bank Account Holders in Nigeria Have Less Than N500,000 in Savings –NDIC
https://investorsking.com/2021/10/26/99-percent-of-bank-account-holders-in-nigeria-have-less-than-n500000-in-savings-ndic/

President Buhari Says E-Naira Could Increase Nigeria’s GDP By $29 Billion
https://investorsking.com/2021/10/26/president-buhari-says-e-naira-could-increase-nigerias-gdp-by-29bn/

Complete Text of President Buhari’s Speech at the Furniture Investment Initiative Summit
https://investorsking.com/2021/10/26/complete-text-of-president-buharis-speech-at-the-furniture-investment-initiative-summit/

Federal Government to End Petrol Subsidy by June 2022 as World Bank Condemns N2.9 Trillion Funding
https://investorsking.com/2021/10/26/federal-government-to-end-petrol-subsidy-by-june-2022-as-world-bank-condemns-n2-9-trillion-funding/

BUA Cement Grows Profit After Tax by 20 Percent to N22.5 Billion in Q3 2021
https://investorsking.com/2021/10/26/bua-cement-grows-profit-after-tax-by-20-percent-to-n22-5-billion-in-q3-2021/

Complete Text of President Buhari’s Speech at the Furniture Investment Initiative Summit
https://investorsking.com/2021/10/26/complete-text-of-president-buharis-speech-at-the-furniture-investment-initiative-summit/

Funds Flowing Into Crypto Space Hits $1.5 Billion Last Week
https://investorsking.com/2021/10/26/funds-flowing-into-crypto-space-hits-1-5-billion-last-week/

Autochek Secures $13.1M Funding to Scale Across Africa
https://investorsking.com/2021/10/26/autochek-secures-13-1m-funding-to-scale-across-africa/

Elon Musk’s Net Worth Jumps by $36.2 Billion in 24 Hours
https://investorsking.com/2021/10/26/elon-musk-net-worth-jumps-36-2-billion-in-24-hours/

Tesla’s Valuation Crosses $1 Trillion Mark After Hertz Orders 100,000 Vehicles
https://investorsking.com/2021/10/26/teslas-valuation-crosses-1-trillion-mark-after-hertz-orders-100000-vehicles/

Nigerian Agri-tech Procurement Platform, Vendease Secures $3.2M Seed Round To Expand Operations
https://investorsking.com/2021/10/26/nigerian-agri-tech-procurement-platform-vendease-secures-3-2m-seed-round-to-expand-operations/

Nigerian Stock Market Gains N27 Billion on Monday
https://investorsking.com/2021/10/26/nigerian-stock-market-gains-n27-billion-on-monday/

Hi I'm new to this. I want to hire a broker how do I start?

I don't fully understand what is even going on here. Please help me.

Marketapprentic:


I think we are getting closer to when ZENITH BANK will overtake GTB. They Don dey fall hand.

We have been saying this for over five years ago.

siofra:
Hi I'm new to this. I want to hire a broker how do I start?

I don't fully understand what is even going on here. Please help me.

Go through the articles from the link below as a way of introduction to stocks. You can get more materials online/offline and continue to follow this thread, with time you will understand better.
Please note that knowledge about stocks and investment generally is a continues exercise not a one-off.

https://nairametrics.com/2019/07/10/how-to-invest-in-nigerian-stock-exchange/

https://guardian.ng/business-services/capital-market/how-to-buy-stocks-a-beginners-guide/

https://guardian.ng/business-services/money/how-to-trade-stocks-in-nigeria-a-beginners-guide/

To open a stockbroking/cscs account click the link on my signature or get in touch through my phone number.

Good morning everyone. This goes out to everyone who wants to buy (or add more) Dangote sugar at this time. While we await the Q3 financial summary, I am struggling to keep my entry target well below the current N18. The offers and the recent price actions on this company's stocks might be signaling something positive about the Q3 earnings (not a fact, and so can be very wrong). Hopefully the opportunity to enter will present itself soon, either way the expected financial report goes.

Thoughts: It is beautiful to see green all over the land, but caution is beneficial to a portfolio at times such as this. We sometimes save when we buy, and while nobody can time the market, FOMO is a common phenomenon in bull seasons.