Mpeace:
Wow. Excellent result. This one will move once nse suspension is lifted

Jenny008:


It looks like I am going to go in at 14 NGN, can't find any offer below 14, is N14 a fair price for UCAP?

Jenny008:


It looks like I am going to go in at 14 NGN, can't find any offer below 14, is N14 a fair price for UCAP?

Jenny008:


It looks like I am going to go in at 14 NGN, can't find any offer below 14, is N14 a fair price for UCAP?

yMcy56:
Bargains resumed for DANGSUGAR today.....

* NASCON Board approved merger with others...... Dangsugar and DANGRICE...

https://punchng.com/nascon-board-approves-merger-with-dangote-companies/

robobo:


Chief tarry a while and dont be in a hurry

when you want to go into the market for medium - long term you just dont dive into the pool in one swoop, instead you go in bit by bit.

have a time spread for going in (say a week / two or month)

have a price range for the stock you want to buy (say btw 1-1.50)

then you execute above with clear diligence and discipline.

that would make a more meaningful entry than a dive.

my two cents

vacanci:


try to be calming down. The market is trying to correct

sterlingD:

What is happening to DANGSUGAR?Why haven't they come with the outcome of the meeting concerning the planned merger?

MeezPat:
Is there a story behind this FTNCocoa...Some better companies are on full offer...This one still dey green with plenty bids

Shalom428:
A lot of ojoro is going on in that space. I suspect a heavy foul play in the Dangote Sugar result. Everything about the result looks really GOOD except the FINANCE COST ... THE FINANCE COST ruined the result completely. Alhaji and his people know what they are doing. Last Last, Alhaji will not lose . I wish I can share my theory about the whole play right here , but this is a public forum. I wish everyone good luck. As the fixed income rate becomes more attractive, the equity space will become more bearish. The chart is not look good on this side at all. A lot of companies will shed off their June - July profit in August - September, please trade with caution. Over and Out. Shalom

toyeoye:


This is also a faceless forum, please share the theory

moneymanager:

kolaish:
https://doclib.ngxgroup.com/Financial_NewsDocs/39209_PRESCO_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/39210_PRESCO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

good Q1. eps 996k as against 589k.
Q2 eps of 1508k against 1347k

above results is good enough to sustain the price of Presco when suspension is lifted on trading.

Shalom428:
It's playing out already ... Dangote Sugar maxed the 10% daily gains at the end of the day , after opening at 7% loss. Like I said earlier ... Last Last, Alhaji will not lose ... If you are already in the bus , Please Don't Panic .... Dangote Food...

Mankindman:
https://nairametrics.com/2023/08/01/dangote-sugar-board-approves-proposed-merger-with-nascon-and-dangote-rice/

Zagee:
Omo, Caverton's result doesn't matter in this phase we are in.

But worthy to note that Maintenance unit is putting in impeccable numbers for them.

Low on air-support contract as compared to the previous year.

"🎵...there'll be time enough for counting, when the deal is done🎵"

Any idea who owns the jet that crashed today? Almost felt like a war movie.

essentialone:
Nigeria Breweries...

Zagee:
Omo, Caverton's result doesn't matter in this phase we are in.

But worthy to note that Maintenance unit is putting in impeccable numbers for them.

Low on air-support contract as compared to the previous year.

"🎵...there'll be time enough for counting, when the deal is done🎵"

Any idea who owns the jet that crashed today? Almost felt like a war movie.

Jimbiz:
I want to invest heavily on Nigeria stocks.
Is Yoocha app legit?

IYGEAL:


With all the traditional stock brokers, why would you want one whose legitimacy needs clarification?

Yochaa is legit as legitimacy goes. But it doesn't have direct access to the NGX and therefore uses another traditional broker for its services, which, of course, adds another bottleneck and resultant charges.