yMcy56:

*Edited*

The OS should be about 253 million units.

yMcy56:

You're right. My mistake.
Picked another figure instead...
So, It's not even up to 200M units.....190M (additional listed Rights Issue included)

They listed 190 million shares and did a Rights Issue of 1 for 3 to bring total OS to 253.333 million units.

Harvestock01:
listed 190 million shares and did a Rights Issue of 1 for 3 to bring total OS to 253.333 million units.

Ok. Thanks for the update.

The Koko still remains that the OS is small compared to others with billion OS.

Harvestock01:


They listed 190 million shares and did a Rights Issue of 1 for 3 to bring total OS to 253.333 million units.

With OS that tiny, any positive news about the company will spark of a protracted 10% daily gain. Imagine Mutual Benefits still doing oscillatory motion a week after releasing a fantastic result. Large OS is a red flag for trading.

yMcy56:

Different types.......ranging from Asset management, financial advisors, Oil & gas, Technology, Telecomms, power, real estates and some other services .

TRUE... I bought them from NASD...

I think they will list on NGX soon

megawealth01:
TRUE... I bought them from NASD...

I think they will list on NGX soon

Already listed o.

yMcy56:

Different types.......ranging from Asset management, financial advisors, Oil & gas, Technology, Telecomms, power, real estates and some other services .

They are looking like transcorp when it was listed.They are into everything. Will wait for thr result as a public company before I act.Though they have small os compared to transcorp then.

Locotrader:


They are coming to the market to raise money for card centre subsidiary.
To me, they have already pushed the price.
Waiting for the official notice from the Group.
Might get to 2.50 to 3.00.

Really, they are coming to market to raise fund....thanks

emmanuelewumi:




Then it is becoming a Medical Conglomerate. Production should be a new development, I have been patronizing their service for more than 10 years.

Just getting to know about pharmaceutical production.


With EPS of N1.30k in 2022, I don't understand why it was listed at almost N3.00.

Probably by 2023, we will start seeing the contribution of the production business in the financial performance of the company

Mecure started with pharma production long ago , late 90s or early 2000s , others were after , diversification

yMcy56:

Already listed o.

WOW. Thanks for the info. Let me wait them and see if they will get to 2k

By Prof. Ndubuisi Ekekwe:

It is raining Naira in some headquarters in Nigeria, over the last 9 months to Sept 2023. Pre-tax profits*:

Zenith Bank: N505 billion

UBA: N502.1 billion

GTBank’s GTCO: N433.2 billion

Dangote Cement: N404.9 billion

Access Bank’s Access Holdings: N294.4 billion

First Bank’s FBNH: N270.3 billion

MTN Nigeria: N232.5 billion.

UBA remains the most geographical diversified banking institution in Nigeria and the results are showing the power of that playbook. Indeed, operating in about 20 African countries with shops in Dubai, New York, Paris and London, UBA has a good spot. Zenith Bank has used scale to become the leader. Of course, though it is no more the rainmaker, GTBank* continues to mint money.

For banks, 2023 is the best year yet. Do not expect these numbers in 2024; the FX gains will calibrate out by then. Of course, these numbers are relatively small, but considering the size of Nigeria's economy, the banks are adequately capturing value - and that is why investors are cheering.

*Nairametrics data

Deadlytruth:

With OS that tiny, any positive news about the company will spark of a protracted 10% daily gain. Imagine Mutual Benefits still doing oscillatory motion a week after releasing a fantastic result. Large OS is a red flag for trading.

I don't think so.Insurance stocks move together.There is no much supply in MB to bring the price down if you take a closer look.The time is yet to come.The ones with small Os and good results are still crawling.For, me I am always greedy when others are fearful.I have mutual benefits and will load it more than Japaul.I am very bullish in the insurance sector.The sector is yet to be greeted by the bull.When it happens, it gonna be a bumper harvest.Just align yourself in the ones with good results whether huge Os or not.Except there is a general bears, next year is a year for insurance stocks.Let them continue producing good numbers and be justified by the market.

megawealth01:
TRUE... I bought them from NASD...

I think they will list on NGX soon

VFDGROUP is listed on the NGX

VFD GROUP PLC - Current Price ₦205.00

Rubyjade:
By Prof. Ndubuisi Ekekwe:

It is raining Naira in some headquarters in Nigeria, over the last 9 months to Sept 2023. Pre-tax profits*:

Zenith Bank: N505 billion

UBA: N502.1 billion

GTBank’s GTCO: N433.2 billion

Dangote Cement: N404.9 billion

Access Bank’s Access Holdings: N294.4 billion

First Bank’s FBNH: N270.3 billion

MTN Nigeria: N232.5 billion.

UBA remains the most geographical diversified banking institution in Nigeria and the results are showing the power of that playbook. Indeed, operating in about 20 African countries with shops in Dubai, New York, Paris and London, UBA has a good spot. Zenith Bank has used scale to become the leader. Of course, though it is no more the rainmaker, GTBank* continues to mint money.

For banks, 2023 is the best year yet. Do not expect these numbers in 2024; the FX gains will calibrate out by then. Of course, these numbers are relatively small, but considering the size of Nigeria's economy, the banks are adequately capturing value - and that is why investors are cheering.

*Nairametrics data

Banks should do well in 2024. Likely at a reduced pace compared to 2023 in terms of % share price rises. However this is based on many factors. Especially that of not having a global recession. Should there be a global recession there is a high risk the most internationally exposed banks will suffer the most. Also how Nigeria's economy recovers will play a lot in how the banks perform. Should the economy perform well to attract FDI then banks will be the first to benefit as they still have very attractive valuations.

yMcy56:

I no fit laugh o.
Make I just reserve my comment jejely.

Btw, the same JAPAUL that some people called us monkey hunter is the toast in market since yesterday and resumed today with full bid @1.67.
It is well.

For those in the bus, just know when to be alighting when it's getting to your bus-stop......
JAPAUL will likely touch 2/2.20 from the look of things, and based on the newsletter.........don't take my words for it.

Will get to Close to N3. I actually had the Information last week Thursday but not a fans of Japauloil

customstreet:


Will get to Close to N3. I actually had the Information last week Thursday but not a fans of Japauloil

You should have just dropped it here back then at least for those of us who are fair weather fans of Japaul. With your revelation I would have loaded twice as much as I did last week when it retraced to 1.19.

customstreet:


Will get to Close to N3. I actually had the Information last week Thursday but not a fans of Japauloil

Any update about Dangote food merger as the year is closing in fast.

vacanci:


Any update about Dangote food merger as the year is closing in fast.

I jump into this when the party was over. Most painful is that it is at expense of some prized stock!!

Krisuba:


I jump into this when the party was over. Most painful is that it is at expense of some prized stock!!

You bought at 70?

Krisuba:


I jump into this when the party was over. Most painful is that it is at expense of some prized stock!!

what do u mean by when the party was over?

vacanci:

what do u mean by when the party was over?

I think he is referring to the PRICE movement

Deadlytruth:

You should have just dropped it here back then at least for those of us who are fair weather fans of Japaul. With your revelation I would have loaded twice as much as I did last week when it retraced to 1.19.

You don't need to be a Marlian to help the Marlians.

OBAGADAFFI:


VFDGROUP is listed on the NGX

VFD GROUP PLC - Current Price ₦205.00

Thankful

Krisuba:


I jump into this when the party was over. Most painful is that it is at expense of some prized stock!!

Don't jump into stocks when news is out

Mfunkynation:

I think he is referring to the PRICE movement

..

Right. D rally ended as I bought!

Marketapprentic:
okay oooo if you say so. Then those that bought Japaul at 1.47 una done hear or you wait for three years to sell

July 21, 2023
Marketapprentic, this is barely 3mths 2 weeks and JAPAUL is trading @1.83 today.....full bid....
This is your reply to one of my posts on JP in the heat of blames upon blame here in July.
So what do you have to say again?

You will not come out and warn your people now.....but small pullback some of you go jump out to quickly insult and pass blames.
Thank God, no one mentioned it before this rally begins again.....Mr. Market will do what Mr. Market will do definitely..

customstreet:


Will get to Close to N3. I actually had the Information last week Thursday but not a fans of Japauloil

Thanks for the disclosure though. We appreciate your contribution on this forum. But then, you seems to have forgotten that you are our eyes at the customstreet Therefore and henceforth , always drop the hint for us, even though you are not a fan, air conditioner or spectator of the stock, you can always put a caveat then. Some of us here love risk and has earmarked a certain percentage of our portfolio to it, wether it is tantalizer, Daar Comm, unity bank, afromedia, pharmadeko, TIP, Uniondicon, Aso Savings etc, just drop the hint. Thanks and have a nice day at work.

yMcy56:

July 21, 2023
Marketapprentic, this is barely 3ths 2 weeks and JAPAUL is trading @1.83 today...
This is your reply to one of my posts on JP in the heat of blames upon blame here in July.
So what do you have to say again?

You will not come out and warn your people now.....but small pullback some of you go jump out to quickly insult and pass blames.
Thank God, no one mentioned it before this rally begins again.....Mr. Market will do what Mr. Market will do definitely..

I like it when you do this to naysayers it's giving "what do you have to say now?"

PETERiCHY:
For the NEWBIES that aren't in the MARKET yet.. HISTORICALLY November till mid December is often BEARISH.

So keep your FUND on STANDBY to CHERRYPICK when the OPPORTUNITY calls 🌸🍒

BARGAIN HUNTERS TAKE NOTE!

Whatever DECISION you are making REMEMBER that 🧧 XMAS BONANZA SALES 🎁 is around the CORNER 🎁🧧🎁🧧🎁🎁🧧 don't be left ◀️ out


BARGAIN HUNTERS TAKE NOTE!

Streetinvestor2:
They are looking like transcorp when it was listed.They are into everything. Will wait for thr result as a public company before I act.Though they have small os compared to transcorp then.

Yes. Even more solid than Transcorp if I could say.
The listing price of 244.88 looks high but in actual fact, it's not high if we considered the OS.

It's just like AIRTEL and MTN. OS is the determining factor in the share price, if not, there wouldnt have been huge difference btw the share prices.

One positive news is what is needed to catapult it to the 300+ region.

If anyone likes, talk say I dey monkey hunt it, na you Sabi. E go be for everyone's eyes. Just jump and pass the post.

Ginalex:
I like it when you do this to naysayers it's giving "what do you have to say now?"

What truly matters is generating profits. Throughout the world, it's not the self-proclaimed "I told you so" that makes headlines but the remarkable accomplishment of multiplying one's wealth. What's your percentage return this year? Some individuals have discreetly doubled their money this year alone. Are you among them? Sharing investment tips is commendable, but excessive bragging is not.