₦airaland Forum

So no bank loss 10% from the news today.
If you entered today be happy with your small buy discount. The banks will recover tomorrow or next.
The news no even get wait be dat.Na just another news. The media made it sound loud. No go dash person your asset come become him maga.

leo1234:
The patient dog 🐕
.
.
.
.
.
Eats the fattest bone 😋

Where e wan see bone for this regime

A patient dog go drink garri

I hope we are aware that true day traders are scarce in the NGX due to relatively low liquidity and short trading hours. Most TA traders are essentially 'jump in, jump out' investors, who quickly shift to short-term investing when the market doesn't meet their expectations, seeking 10-20% profits before exiting.

Streetinvestor2:
So no bank loss 10% from the news today.
If you entered today be happy with your small buy discount. The banks will recover tomorrow or next.
The news no even get wait be dat.Na just another news. The media made it sound loud. No go dash person your asset come become him maga.

I'm even surprised banks didn't loose much,was expecting 10% lose ...

Markets on steroid:
LSE
NYSE
NGX ...17/6/

Streetinvestor2:
So no bank loss 10% from the news today.
If you entered today be happy with your small buy discount. The banks will recover tomorrow or next.
The news no even get wait be dat.Na just another news. The media made it sound loud. No go dash person your asset come become him maga.

My advise is to wait for results to come out before knowing which banks to invest in. Profits are going to take a hit from non performing loans. Plus it's not like this market reacts quickly to news so there'll be plenty of time to buy.

If you're not holding Ellah or consumer goods companies; hold cash. Banking sector is not very clear right now

Mankind2024:
Markets on steroid:
LSE
NYSE
NGX ...17/6/

As in eh. I just hope there will be small corrections especially in banks tomorrow so I can top up more on two banks that I have spotted

Hogwarthtrades:
Welcome back, abeg no wait another eid festival before you visit Nairaland

Thank you Sir

Eku Market ooo

Seems the numbers of traders has grown exponentially! Guess the various apps that enabled pseudo real time trading has helped.

Could also see that there are now a number of billionaires here. Please do take away for the rest of us.

Could also see interests in dead, about to die, living on life support companies.! That's the way to learn by paying appropriate school fees.

The market is bubbling so let us enjoy it.

To all the GURUS I say Nagode

Hogwarthtrades:
Welcome back, abeg no wait another eid festival before you visit Nairaland

I dey look for transport fare. Make I kuku buy ABC Transport shares to dey carry me waka.

wanaj0:
Thank you Sir

Eku Market ooo

Seems the numbers of traders has grown exponentially! Guess the various apps that enabled pseudo real time trading has helped.

Could also see that there are now a number of billionaires here. Please do take away for the rest of us.

Could also see interests in dead, about to die, living on life support companies.! That's the way to learn by paying appropriate school fees.

The market is bubbling so let us enjoy it.

To all the GURUS I say Nagode

Good to hear from you after a long period. Welcome back bro

wanaj0:
Thank you Sir

Eku Market ooo

Seems the numbers of traders has grown exponentially! Guess the various apps that enabled pseudo real time trading has helped.

Could also see that there are now a number of billionaires here. Please do take away for the rest of us.

Could also see interests in dead, about to die, living on life support companies.! That's the way to learn by paying appropriate school fees.

The market is bubbling so let us enjoy it.

To all the GURUS I say Nagode

My oga have show! The bulls have really come

nosa2:
My advise is to wait for results to come out before knowing which banks to invest in. Profits are going to take a hit from noon performing loans. Plus it's not like this market reacts quickly to news so there'll be plenty of time to buy.

If you're not holding Ellah or consumer goods companies; hold cash. Banking sector is not very clear right now

.I am planning to tbuy one consumer stock which just got out of loss and amazing q1 results.
Then for ellahlakes not for me after I was able to size the farm now.I will rather buy presco and okumu for now based on the expansion in progress. I have seen what best ellahlakes can produce as revenue and not impressed in the next 5 yrs when u consider Os too

nosa2:
My oga have show! The bulls have really come

My Oga from SMN days I remain loyal to your government.

The Landlord of Presco, Okomu and now Ellah Lakes.

Streetinvestor2:
.I am planning to take when consumer stock which just got our of loss and amazing q1 results.
Then for ellahlakes not for me after I was able to size the farm now.I will rather buy presco and okumu for now based on the expansion in progress. I have seen what best ellahlakes can produce as revenue and not impressed in the next 5 yrs when u consider Os too

If you are trader then Ellah Lakes will be good for you. Sentimental Analysis favours them.

For a long term investor, they are damn too small! Better stay with the market leader.

Happy investing

pluto09:
Where have you been sir wanaj0?
You are welcome o.

My oga, trying to survive in this Tinubu economy.

Since the guru's and guguru's ask we newbies to keep quiet when the experts are talking na so I go back to nursery school to go and learn o.

Hope people are paying better school fees as everything done cost

I remain loyal ooo

Very important! `

wanaj0:
If you are trader then Ellah Lakes will be good for you. Sentimental Analysis favours them.

For a long term investor, they are damn too small! Better stay with the market leader.

Happy investing

This is the summary of all the long essays on Ellah Lakes.

THEY ARE SMALL!!!

They should focus on growth, real measurable growth and stop trying to deceive the market.

wanaj0:
If you are trader then Ellah Lakes will be good for you. Sentimental Analysis favours them.

For a long term investor, they are damn too small! Better stay with the market leader.

Happy investing

wanaj0:
If you are trader then [/b]Ellah Lakes[b] will be good for you. Sentimental Analysis favours them.

For a long term investor, they [/b]are damn too small![b] Better stay with the market leader.

Happy investing

Noted Sir
When you are large, you are large. Only the smallies that should play Elijah

.....................................

wanaj0:
My Oga from SMN days I remain loyal to your government.

The Landlord of Presco, Okomu and now Ellah Lakes.

CBN's circular to some banks on forbearance loans.....

*GTCO says they've long cleared it and was clearly stated in the published 2024 FYE report
* ZENITH says it will be cleared by June 2025
* We await response from other indicted banks as well...
* Meanwhile, shey First Bank dey follow them drag dividend payment or no payment? 🙄
How much dem dey pay before self? Lol

So, CBN needs to check their records and come up with updated info on the circular.....and stop causing unnecessary panic in the system.
Make dem no spoil the good reforms ongoing..

wanaj0:
I dey look for transport fare. Make I kuku buy ABC Transport shares to dey carry me waka.

Twale $$ boss! 🙌
Nice to see you on the thread after a very long time!
The guguru analysts says welcome back sir. 😁

ABC transport to dey waka?
Did presidency come to borrow your private jets in NAHCO and SAHCOL's custody?
Boss,no come dey whine us o.

CHAMS
Right issue circular is out.....
Hope they'll be able to defend the share price..

Can’t see any rights issue circular.
What are the details ?

yMcy56:
CHAMS
Right issue circular is out.....
Hope they'll be able to defend the share price..

Sunrisepebble:
Can’t see any rights issue circular.
What are the details ?

It's already in the news section of brokerage firms.
Can't login to copy now

16 Jun 2025
[XNSA]>> CHAMS HOLDING COMPANY PLC: PROPOSED RIGHTS ISSUE

NGXREG/IRD/MB43/25/06/16

Chams Holding Company Plc: Proposed Rights Issue Trading License Holders are hereby notified that Chams Holding Company Plc (the Company) has through its Stockbrokers, Tiddo Securities Limited, Cowry Securities Limited, APT Securities and Fund Limited, Lambeth Capital Limited, and CSL Stockbroker Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of Two Billion, Three Hundred and Forty-Eight Million and Thirty Thousand (2,348,030,000) ordinary shares of 50 Kobo each at N1.70 per share on the basis of one (1) new ordinary share for every two (2) ordinary shares held as at the close of business on Monday, 16 June 2025. The Qualification Date for the Rights Issue is today, 16 June 2025. This is for your information please.

Godstime Iwenekhai
Head, Issuer Regulation Department

wanaj0:
If you are trader then Ellah Lakes will be good for you. Sentimental Analysis favours them.

For a long term investor, they are damn too small! Better stay with the market leader.

Happy investing

OK thank my oga.i no dey take you words joke since the days SMN.
I did some background check over the weekend and discovered that myself

. .

KarlTom:
16 Jun 2025
[XNSA]>> CHAMS HOLDING COMPANY PLC: PROPOSED RIGHTS ISSUE

NGXREG/IRD/MB43/25/06/16

Chams Holding Company Plc: Proposed Rights Issue Trading License Holders are hereby notified that Chams Holding Company Plc (the Company) has through its Stockbrokers, Tiddo Securities Limited, Cowry Securities Limited, APT Securities and Fund Limited, Lambeth Capital Limited, and CSL Stockbroker Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of Two Billion, Three Hundred and Forty-Eight Million and Thirty Thousand (2,348,030,000) ordinary shares of 50 Kobo each at N1.70 per share on the basis of one (1) new ordinary share for every two (2) ordinary shares held as at the close of business on Monday, 16 June 2025. The Qualification Date for the Rights Issue is today, 16 June 2025. This is for your information please.

Godstime Iwenekhai
Head, Issuer Regulation Department

wanaj0:
If you are trader then Ellah Lakes will be good for you. Sentimental Analysis favours them.

For a long term investor, they are damn too small! Better stay with the market leader.

Happy investing

You are 100% correct on sticking with the sector leader. But na these kind companies ogas like you suppose suppose get board seats

GeeKudi:
This is the summary of all the long essays on Ellah Lakes.

THEY ARE SMALL!!!

They should focus on growth, real measurable growth and stop trying to deceive the market.

Young shall grow

................................................

SonofElElyonRet:
Young shall grow

................................................

As long as ELLAH mgt do a good job taking off into growth it’s good. In successful ventures the growth phase returns profit that multiplies money like x10 in a shorter period than more mature businesses. New ventures also carry risk of failure. But if there is no failure money multiples like x10 in less than a decade.

BabsO2:
As long as ELLAH mgt do a good job taking off into growth it’s good. In successful ventures the growth phase returns profit that multiplies money like x10 in a shorter period than more mature businesses. New ventures also carry risk of failure. But if there is no failure money multiples like x10 in less than a decade.

The banks stocks will crash before the end of the year or first quarters of next year.

Investors who are shortsighted and are not seeing the handwriting now will loose a lot.

I'm waiting for the crash to loads lots of bank shares.