@currentprice, should we jump out of NAHCO or there is still oxygen for upward movement?
Thanks

currentprice:




Nahco reach the stop we see today.

welldone for those who join to make d money

....and again there is this one small ogboge company that begin showing a light green flag on my bedsheet.. can this turn to full green flag? analysis continue. still searching for this year stock that will surprise the market.

fingers crossed

yMcy56:
E Ku Market o.

Its true the market can be very unpredictable.....

Some expected bear after dividend declaration but na bull we still dey see for market o.

ZENITH arrived KM23 and still climbing.....now @23.50..
GTCO opened @22.05 and sighted @22.70....
STERLING sighted @1.70!! Pastor Vee hope you were able to pick below 1.50....
NB ....Quite a lot of attention.....

ACCESS....Much volume in crossings and trading.......over 117M as at now..... E suppose don reach 11 but those guys are suppressing the share price, guess they won't allow it move until they're done loading.......128M .....134M....
* These are the kind of activities SEC needs to oversee and look into.....the offer did not exceed 20M since.marlet opens, yet they were crossing it at their preferred junction*

My sis, i for load sterling but access tickled my fancy with that their dividend

slimmaintenance:


SecuritiesAfrica Financial Ltd

I think it is a South African Stockbroking firm with offices all over major cities in Africa.

Frangel:
It was not a mistake. Was the same last year. It's distributed from profits made when they enjoyed pioneer status from the FG. That is a period the government grants tax holidays to qualifying companies that apply. It's for a given period, as an incentive or for protection. Profits made during the period are not subject to tax.

PS: In the announcement, it's stated to be payable from the Pioneer Reserve.

You are very correct!

But folks should bear in mind that the coys tax holiday may have ended in the last financial year. (ref: 2022 FYE)
So unless there's an extension by the authorities, expect their interim and FY, 2023 dividend to be taxed accordingly.

Now that part in italics will put slight pressure on WAPCO's expense line, but my extensive analysis shows that it could not strain overall earnings delivery neither will it pose any drawback to current growth trajectory. (FY, 2023 projection in view)

WAPCO is still very much undervalued at CMP.
Rating retained at; BUY/OUTPERFORM.

CAVEAT: NOT an investment advice. ...due diligence still applies as always.

Regards

currentprice:




Nahco reach the stop we see today.

welldone for those who join to make d money

....and again there is this one small ogboge company that begin showing a light green flag on my bedsheet.. can this turn to full green flag? analysis continue. still searching for this year stock that will surprise the market.

fingers crossed

Thank you so much oga CP. The deaf should strive to listen when you speak. Wow! This is a good outing.

Please I am doing night vigil on this new one that is in the pipeline. Abeg no forget us

Very many thanks 🙏

emmanuelewumi:



I think it is a South African Stockbroking firm with offices all over major cities in Africa.

Yes please. They bought/ took over from sky stockbrokers.
Nothing like network issues. You can buy or sell your shares whenever and anyhow you want it by yourself without any wahala.

So far so good, no issues. I haven't taken time to calculate their charges.

slimmaintenance:


Yes please. They bought/ took over from sky stockbrokers.
Nothing like network issues. You can buy or sell your shares whenever and anyhow you want it by yourself without any wahala.

So far so good, no issues. I haven't taken time to calculate their charges.

Yes, they used to be at old Skye bank building at Marina beside UAC head quarters.


You can also buy shares on Nairobi, Johannesburg, Cairo etc Stock Exchanges through them

currentprice:




Nahco reach the stop we see today.

welldone for those who join to make d money

....and again there is this one small ogboge company that begin showing a light green flag on my bedsheet.. can this turn to full green flag? analysis continue. still searching for this year stock that will surprise the market.

fingers crossed

Well done CP. Good job you are doing.
The search for the year has started, let us know those stocks you are looking at.
I have taken a look at some of the ones you've mentioned but after q1 results I have my reservation with some of them.

emmanuelewumi:




Yes, they used to be at old Skye bank building at Marina beside UAC head quarters.


You can also buy shares on Nairobi, Johannesburg, Cairo etc Stock Exchanges through them

Oga Ema are you doing business with them?

yMcy56:
ACCESS
Looks like Wigwe don't want to take any chances at all.......the fear of Otebaba is the beginning of mopping & increasing shareholding......

Market situation as at now attached.....
80M bids against 16M offers...

And still no km 11?

onegentleguy:


Yet another OFF MARKET deal in TRANSCORP.

A total of 131,897,297 units of TRANSNATIONAL CORPORATION PLC were done as OFF MARKET trade today May 2, 2023 at N3.12 in one deal.

The transaction was a negotiated deal with UNITED CAPITAL SECURITIES LIMITED as BUYER and APT SECURITIES & FUNDS LTD as SELLER.



It is well

Thanks for this information. I looked at todays stock market results and saw that Transcorp only traded 2,356,409 units. So these off market trades are not reflected in the days trading results. Please where can one find off market trading results ?

pluto09:


Oga Ema are you doing business with them?

I know people doing business with them.

emmanuelewumi:



I know people doing business with them.

OK, thanks.

currentprice:




Nahco reach the stop we see today.

welldone for those who join to make d money

....and again there is this one small ogboge company that begin showing a light green flag on my bedsheet.. can this turn to full green flag? analysis continue. still searching for this year stock that will surprise the market.

fingers crossed

CHAMS?

In the last 6-9 years, Okomu Oil (a big agro company) and similar firms have outperformed most sectors, but telecoms, in the exchange. Yes, if you picked Okomu or Presco as your investment a couple of years ago, your Salah or Christmas will be looking bigger now. Indeed, they have returned solid numbers, superior to most banks.

But they’re yet to unlock core latent opportunities in the agro-processing category. We think their own “fintech” moment will happen just as fintech, superimposed on banks, delivered alpha. The “fintechs” of the agro-sector look promising. At Tekedia Capital, we’re closing on one, and we hope to expand our antenna to pick the signals out of those domains. #agroWealth is real.

Pls how much is a dividend of 16.5k? it confusing to me.

Am I the only one having problems logging into meritrade?

Mfunkynation:
Pls how much is a dividend of 16.5k? it confusing to me.

16.5k = 16.5 kobo, that is, approximately 17 kobo
N16.50k = 16 naira, 50 kobo.

Backpedal:
Am I the only one having problems logging into meritrade?

These guys just tire me. Issues upon Issues.

seyisanya:
16.5k = 16.5 kobo, that is, approximately 17 kobo N16.50k = 16 naira, 50 kobo.

Thanks alot Uncle

Sterlnbank has consistently traded within a narrow range of 1.44 to 1.62 naira since 2021, offering a skilled trader/gigoist a 10% return on a three-month holding time on d average.

Although d latest financials values it at 2.7, I believe it is unlikely to reach that level unless it significantly increases its dividend.

However, I anticipate that it will continue to trade within the same range, providing a straightforward 10% return for the bold trader.

EXTRACT FROM TARGET ANALYSIS DAILY REPORT FOR 3 MAY 2023
What is market likely to do today?

GET SIGNALS FOR NIGERIA/GLOBAL STOCKS SEND "SIGNAL" TO Whats🌏App +234 82305 4935

ositadima1:
Sterlnbank has consistently traded within a narrow range of 1.44 to 1.62 naira since 2021, offering a skilled trader/gigoist a 10% return on a three-month holding time on d average.

Although d latest financials values it at 2.7, I believe it is unlikely to reach that level unless it significantly increases its dividend.

However, I anticipate that it will continue to trade within the same range, providing a straightforward 10% return for the bold trader.

Oga so your broker no dey collect commission

Agbalowomeri:


Oga so your broker no dey collect commission

About 2% only for round trip, if u check the chart well u see that the lows to highs are more than 10%. But then, even 8% for 3 months is not bad.

Alternatively, an investor may choose to position themselves at the bottom of the channel or below, in anticipation of a potential upward movement of over 60% in the future...

ositadima1:


About 2% only for round trip, if u check the chart well u see that the lows to highs are more than 10%. But then, even 8% for 3 months is not bad.

Alternatively, an investor may choose to position themselves at the bottom of the channel or below, in anticipation of a potential upward movement of over 60% in the future...

Why stress yourself when there more solid companies that will give you better overall results, doing just one trade in a year

Agbalowomeri:


Why stress yourself when there more solid companies that will give you better overall results, doing just one trade in a year

You are right sha...

Transcorp paper profit. Chai.

ACCESS
The Ogas resume on duty today again....
- Over 55M units done within 5mins of market opening.......
- Over 62M units exchanged hands as at now.....
- The Directors were buying as well as the GMD.....
- ACCESS also increased their % stake in E-Transact to 37%+......
Make we dey watch what they're up to......

CHAMS full bid @33k.....

ARDOVA sighted @18.30..........higher than the 17.38 payout??

** Still on ACCESS, hope say these guys go allow this stock move up like this?? So much volume yet price remains the same.
SEC needs to look into this...

Mpeace:
Transcorp paper profit. Chai.

So you didn't sell

Agbalowomeri:


So you didn't sell

Lol. We were waiting for 10Naira. E no go beta for all the pipu wey help Elumelu sort Ote$

Is something on the pipeline for Academy Press?