₦airaland Forum

BullBearMkt:
Could it be leading the way for GTCO & Zenith?

Mcy56:
STANBIC @63.65!!

lancee:
gtb and zee on their way to 40 ..we go see how far

locodemy:
Una leave Caverton oil money dey pursue Cutix.

Ositadinma, Caverton has broken that 1.38 wall oooo.Next week you go see fire on the mountain



Veecovee I no fit hide face completely this time but I go try to show face small small

Mcy56:
Lol.
Make I edit before someone quotes me.....we see how it goes..

lancee:
Hehehe smart sis ..why i said we go see how far
Not a buy or sell recommendation o
I no be mr mkt ..the ones i don sell early still dey make my leg shake once in a while as bull continues

ositadima1:
The next support is @ 1.8. The move from 1.4 to about 1.7 may be smooth, as there was not much volume. From there, the probability of a reversal (rejection) starts to increase with every move up. Let's go!

Bbbwings:
Witches and Wizards full here o
Caverton on full bid

Mcy56:
More cross deals @20

Did you sell all?

lancee:
On another level fbnh..with the way this is going

Uba closing up to access

Mcy56:
TRANSCORP: Full bid @4.13!

Mcy56:
TRANSCORP: Full bid @4.13!

UBA is sluggish. Maybe they're trying to hold it down till they accumulate finish anyway.

Mcy56:
Lol.
Make I edit before someone quotes me.....we see how it goes..

Btw, any risk taker can pick some UNIVINSURE, it's getting serious attention since market opens....

*Pls note: Risk taking! Based on the volume!

Mcy56:
Lol.
Make I edit before someone quotes me.....we see how it goes..

Btw, any risk taker can pick some UNIVINSURE, it's getting serious attention since market opens....

*Pls note: Risk taking! Based on the volume!

bennybuhari:
I pity those with investments in Oando. They are the major losers even when the brother to the owner (Wale Tinubu) is the president

megawealth01:
Don't pity anyone jare... I'm heavily loaded in Oando at #5.7+

sincerelymine:
https://nairametrics.com/2023/07/07/exclusive-oba-otudeko-behind-4-5-billion-fbnh-shares-transfer/?amp=1

onegentleguy:
On FBNH's huge volume of cross deals and intra-day mkt trades, I've been informed that the name behind the deals is Sir Femi Otedola.
A total value of over N87.8B was put in the bank yesterday.

...Likely scenarios;

• Current positioning may likely take his stake to within 10% or above and ensure broader board control.
On that backdrop, there's a possibility some select board members of FBNH appointed by the former CBN Gov, Mr Godwin Emefiele will be dissolved with names loyal to him brought in.

• He's mopping up additional stakes to wade off competition from fellow BoD rep Billionaires, Oba Otudeko, The Odukale's of Leadway Ins... but particularly Sir MA the Conoil/Globacom chief.

• He will likely take up the position of new BOD Chairman of FBN Holdco when all of this is over.

CAVEAT: NOT to be interpreted as any sought of recommendation. The need for due diligence should always take higher precedence ahead of this post.

Selah

Deadlytruth:
One thing about penny stocks is that when they go rallying up, the temptation is hard to resist. However most of those who later key in after much time wasted in contemplation are likely to enter close to the moment of reversal.

sterlingD:
I was thinking that by now Geregu would pick up and move

sterlingD:
I was thinking that by now Geregu would pick up and move

Ades1:
We dey together, my basis is around 4.9 though. At all, at all 50% return suppose drop!

Willie2015:
No be only Geregu...
Nestle..Airtel...Dang Cem
Plus Wapco never move...
We dey wait...

ebuka1997:
I use Afrinvest, can they do it?

Deadlytruth:
It would be recalled that prior to Otedola's invasion of Transcorp shares, Tony Elumelu had at several instances invaded it but the resultant rally wouldn't last beyond two trading days before it would begin to drop again thus causing regrets among those caught in the trap and others like me blacklisting Transcorp as too slippery for SA pick. I recall one monicker here who always so got his fingers burnt in all those ephemeral Transcorp rallies tied to Elumelu that he renamed it TRANSCORPSE. If Otedola could hold Transcorp to a sustained rally which eventually didn't reverse, and also having once carried Forte Oil from N8 to N320, then his presence in FBNH now might just signal something big ahead.
Caveat: Just my S.A. backed imagination and not a recommendation. Thanks.

Mcy56:
Once the news is confirmed that it was Otedola that increased his stakes, then we'll see SA in action well well.
The first time he bought, we saw how investors reacted to the news.
We saw how he moved Transcorp from 1.35 to above 3......and TRANSCORP hasn't go back to 2 talkless of N1 since that time.