₦airaland Forum

Transcorp has seen a decreasing number of shares traded since the last 3 full bids. If a stock is fully bid without trading 100k units, will its price remain unchanged?

If every transcorpite holds his shares tight to their chest, the stock go remain stagnant o.

phoinix:
If every transcorpite holds his shares tight to their chest, the stock go remain stagnant o.

This year has really provided alot of opportunity. This is another opportunity missed though have afolabi units in it.I was expecting the movement after third quarter result. I just go lock my money for IB .I pray its time comes because I luv hero.
Transcorp na #10 after third quarter result because it is going for second bull then.

I expect pull back on sugar tomorrow to below #50.If it doesn't happen then know thr is insider information out thr.Then expect it to hit #60 this week.
Make someone share gsk information for us because the #11 plus today is not ordinary

Streetinvestor2:
I expect pull back on sugar tomorrow to below #50.If it doesn't happen then know thr is insider information out thr.Then expect it to hit #60 this week.
Make someone share gsk information for us because the #11 plus today is not ordinary

It will get to N60 this week

i thought gsk is leaving nigeria. sometimes soo the shares may be bought back

Fines Galore...
https://punchng.com/banks-18-others-fined-n125m-for-late-filings/

If They issued statement to support late submission, why still fine them?

chimex38:
If They issued statement to support late submission, why still fine them?

The lateness is for 2022 FY and 2023 Q1 reports. Not the 2023Q2 report which they issued statements concerning the delay

unite4real:
The lateness is for 2022 FY and 2023 Q1 not the 2023Q2 report which they issued statements concerning the delay

Ok..
Thanks for the observation and correction 👍

Sorry my oga at the top @OGG
Thanks@ololufemi

ololufemi:
You don forget OneGentleGuy o!

International Breweries

Buy?
Hold? Or
Sell off?

yMcy56:
I've seen the news on the Rights Issue.....

*Pls refer to the post by @Emmasoft on page 7196 and the post by @Customstreet on page 7197 for Rights Issue....
* You can equally read the posts on the pages for other contributions from NSEMPAs.

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/7196#125118775

https://www.google.com/amp/s/nairametrics.com/2023/08/23/ikeja-hotel-plc/%3famp=1

Thanks darling

E Ku Market o.
Bull sighted in the market this early hours....let me add: in selected stocks....banks still on recess.....

TRANSCORP: Full bid @7.01!
DANGSUGAR: @57.30 as at now.....57.45.....Full bid!
NASCON: Full bid @54.10!
NAHCO: Sighted @21.50.......22.......
FMN responding positively.....
GSK: Sighted @12.80! Full bid now!

When me and my Oga was chatting, I told him that, in my opinion, SAHCOL shouldn't be trading above NAHCO all things being equal......don't mind my quack view of some of these things....

** Pls do your DD o! No talk say na one Mcy give update wey make you sell or buy*

Sugar on early morning full bid

yMcy56:
E Ku Market o.
Bull sighted in the market this early hours....

TRANSCORP: Full bid @7.01!
DANGSUGAR: @57.30 as at now.....
NASCON: Full bid @54.10!
NAHCO: Sighted @21.50...

When me and my Oga was chatting, I told him that, in my opinion, SAHCOL shouldn't be trading ṭ⁹above NAHCO all things being equal......don't mind my quack view of some of these things....

The first 3 dey sweet my belle.
Sold my NAHCO at 13.

September is for Access and Seplat. I hope to increase for10 10

MrDiligence:
Sugar on early morning full bid

is there insider information driving this? it's looking crazy. I hope the downward spin wont be ON YOUR MARKS, GET SET, GO.

me sha i remain inside come rain come shine

FLOUR MILLS
Q4 is out!
https://doclib.ngxgroup.com/Financial_NewsDocs/39346_FLOUR_MILLS_OF_NIGERIA_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

vacanci:
is there insider information driving this? it's looking crazy. I hope the downward spin wont be ON YOUR MARKS, GET SET, GO.

me sha i remain inside come rain come shine

I don't think there will be serious downward spin. All 3 firms currently on bull are driven by good fundamentals and are long expected to go on this run.

yMcy56:
FLOUR MILLS
Q4 is out!
https://doclib.ngxgroup.com/Financial_NewsDocs/39346_FLOUR_MILLS_OF_NIGERIA_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

Q1 too

https://doclib.ngxgroup.com/Financial_NewsDocs/39346_FLOUR_MILLS_OF_NIGERIA_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

yMcy56:
E Ku Market o.
Bull sighted in the market this early hours....
...banks still on recess.....

TRANSCORP: Full bid @7.01!
DANGSUGAR: @57.30 as at now.....57.45.....
NASCON: Full bid @54.10!
NAHCO: Sighted @21.50.......22.......
FMN responding positively.....
GSK: Sighted @12.80! Full bid now!

When me and my Oga was chatting, I told him that, in my opinion, SAHCOL shouldn't be trading above NAHCO all things being equal......don't mind my quack view of some of these things....

** Pls do your DD o! No talk say na one Mcy give update wey make you sell or buy*

Oga loco I know you will be viewing this thread as a guest if truly you deactivated your handle. The Xmas bonanza for transcorp has come before December as I said it will hit 6-7 naira after third quarter result. It is equally unfortunate that I didn't buy even as I picked it over caverton. We move, plenty other opportunities still they ahead.
You win some,you lose some but we try to win more.

currentprice:
Q1 too

https://doclib.ngxgroup.com/Financial_NewsDocs/39346_FLOUR_MILLS_OF_NIGERIA_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

The forex loss for this companies are large.Is it that they all had dollar debts before the Unification of dollars pricing system by government

I hope nobi new format management take to hammer for shareholders head in the name of forex loss

Streetinvestor2:
Oga loco I know you will be viewing this thread as a guest if truly you deactivated your handle. The Xmas bonanza for transcorp has come before December as I said it will hit 6-7 naira after third quarter result. It is equally unfortunate that I didn't buy even as I picked it over caverton. We move, plenty other opportunities still they ahead.
You win some,you lose some but we try to win more.

.


It is well.

This market ain't funny at the minute Mercy.
Lord have mercy 🙏

yMcy56:
E Ku Market o.
Bull sighted in the market this early hours....let me add: in selected stocks....banks still on recess.....

TRANSCORP: Full bid @7.01!
DANGSUGAR: @57.30 as at now.....57.45.....Full bid!
NASCON: Full bid @54.10!
NAHCO: Sighted @21.50.......22.......
FMN responding positively.....
GSK: Sighted @12.80! Full bid now!

When me and my Oga was chatting, I told him that, in my opinion, SAHCOL shouldn't be trading above NAHCO all things being equal......don't mind my quack view of some of these things....

** Pls do your DD o! No talk say na one Mcy give update wey make you sell or buy*

SUGAR and SALT

yMcy56:
SUGAR and SALT

na person queue with over 7M units for sugar i dey see so?



be like na same person queue with almost 7M for salt too

Streetinvestor2:
The forex loss for this companies are large.Is it that they all had dollar debts before the Unification of dollars pricing system by government

I hope nobi new format management take to hammer for shareholders head in the name of forex loss

My theory is that trade payables, money owed to foreign suppliers for goods and services purchased on credit, went up after the abrupt dollar move.

vacanci:
na person queue with over 7M units for sugar i dey see so?


be like na same person queue with almost 7M for salt too

It's not one person, it's different bids at those prices...
SUGAR: 83 bids @57.45
NASCON 59 bids @54.10....

Are you using Morgan?
You can view either " By Price" or " By Order"

* The above screenshot was viewed using "By Price" ........it adds and summarizes all bids at same price.

* If you choose "By Order", it will list each bid/offer from each individuals as it's placed for execution.

yMcy56:
SUGAR and SALT

Pull back predictors and expectors in the mud (yours sincerely inclusive)

This market is not anybody's mate

yMcy56:
It's not one person, it's different bids at those prices...
SUGAR: 83 bids @57.45
NASCON 59 bids @54.10....

Are you using Morgan?
You can view either " By Price" or " By Order"

* The above screenshot was viewed using "By Price" ........it adds and summarizes all bids at same price.

* If you choose "By Order", it will list each bid/offer from each individuals as it's placed for execution.

ok