₦airaland Forum

kintus:
I am not sure it an attack.....obviously a lot of us were not comfortable with his style of trading and we needed to give a give back....and I believe he has adjusted now.....at least, telling people when to buy and possible exit......

Unlike before when he will just ghost everyone. Paying school fees in this economy doesn't rally make any sense...

Loco Sorry.

You're not serious.
So it is Loco that tells you when to buy and sell stocks?

You dey share the loot with am?

"Financial wisdom is knowing that, it's not everything that you can afford that you
should buy."

purity2all:
You're not serious.
So it is Loco that tells you when to buy and sell stocks?

You dey share the loot with am?

E shock you ba?

What is with the bloodbath in NGXGroup? From about 15% up 2 weeks back, I am 15% down now.

Also, all banking stocks in my portfolio are down?

Locotrader:
If this song continues by next week,
Chai Nwanne e go pain you die.
That will be 10 10% in 10 days.
Person fit retire with that kind of loot oooo.
The drums are beating louder.The noise of $1 Trillion economy never enter street Nwanne.
You really loose something in Aiico Nwanne.Aiico wey go touch N6/7 and still hold support around N5.50 before the next move towards capitalization.

I go dey comfort you for this great miss Nwanne

You go soon ghost mode again oh.I don't buy stock and go about ringing bell about it.That is your trade in stock and I leave it with you.Try market junk and you hear my song.
I know how you throw percentage here and thr before day break you are out.
In as much as they are not junks it does not mean we have forgotten so quick, lol
You said more that this with phantom figures for police microfinance and Ci leasing even claiming insider information. And being first to be paid dividend..lol
Just enjoy the insurance sector ride as it last.
And if you now see my opinion as a problem. Then you should be ready for the dance that it comes with.That is the line I don't tolerate from anyone. I see it as intimidation nwanne.
Make the handshake no try reach elbow oh

Fred2020:
What is with the bloodbath in NGXGroup? From about 15% up 2 weeks back, I am 15% down now.

Also, all banking stocks in my portfolio are down?

Lol after 3 months continues bull, what else do you expect? Bull must drink water na otherwise e go collapse

megawealth01:
E shock you ba?

Omo!

Agbalowomeri:
Lol after 3 months continues bull, what else do you expect? Bull must drink water na otherwise e go collapse

Had I fully heeded the prophets, I'd have gone all in on the insurance wave—head first and no life jacket.

Thank God for the one leg I dipped in insurance, it is keeping my portfolio green.

Streetinvestor2:
You go soon ghost mode again oh.I don't buy stock and go about ringing bell about it.That is your trade in stock and I leave it with you.Try market junk and you hear my song.
I know how you throw percentage here and thr before day break you are out.
In as much as they are not junks it does not mean we have forgotten so quick, lol
You said more that this with phantom figures for police microfinance and Ci leasing even claiming insider information. And being first to be paid dividend..lol
Just enjoy the insurance sector ride as it last.
And if you now see my opinion as a problem. Then you should be ready for the dance that it comes with.That is the line I don't tolerate from anyone. I see it as intimidation nwanne.
Make the handshake no try reach elbow oh

If na intimidation,this is morning.
Why should you sell Aiico?
You see this Aiico you sold claiming the Q2 result wasn't good,I will intimidate you die Nwanne.Just pray it doesn't nosedive.I go dey look for your injury and put salt and pepper inside it.

Why did you sell Aiico?
Why?
Street why did you sell Aiico?
I will not forgive you for this oooo

Agbalowomeri:
Lol after 3 months continues bull, what else do you expect? Bull must drink water na otherwise e go collapse

Agba I asked question and didn't see your reply.
I asked is this what your insurance index saw when I talked about selling aiico and you said wait for 4-6 weeks. Though I sold most for #1.70 after waiting for long to even see 1.50
I am not asking because of aiico but for the sector

unite4real:
You are totally wrong about needing N500 Billion to double the market cap of a N500 billion stock.
I hope you understand the rules of the NGX.
100k units move price. So if a N2 stock is doing full bid daily, it will take 8 trading days to double.
With N200k price can jump with a 100k volume. Since there could be other trades apart from this block trade we can as well estimate that total value of trade of N2 million is sufficient for first price movement. By the time the stock is trading up to N4 per share, a total of N100 million can do the magic of moving the price from N2 to N4. Whearas market cap would have doubled from N500 billion to N1 trillion.

You're right to some extent but your claim doesn't invalidate what I have explained.

My explanation is based on an ideal scenario where all a company's stock is actually liquid and traded actively.

But if a large chunk of the stock is illiquid (low volume on stock exchange) then yes you won't need as much money to move price.

But the danger lies in the fact that a 100%, 200%, 300% or other percentage upward surge in price due illiquidity will incentivize those holding the illiquid stock to sell heavily, which will crash the price.

So, to sustain a new market cap at a certain price level, e.g moving from 500 billion to 1 trillion, you need additional 500 billion of funds ready to buy at the new price that keeps the market cap at 1 trillion, and those who bought at a lower price when the market cap was 500 billion must be willing to hold and not sell at the new higher price and higher market cap.

If the proportion of people ready to keep the market cap at the new 1 trillion is 100% of the holders then all will be well. Else, those who bought at a low price will offload their stock to the new buyers at the higher price. What happens if there's not enough buyers at the higher market cap and higher price? Price will fall back down.

If the entire funds was there to buy at the new price then price will remain there and continue to climb higher as new funds join in buying at the higher price.

The key is SUSTAINABILITY.

The fact that price levels is never sustainable for long periods is why you see price moving up and down in the stock market.

Eventually, the forces of demand (buying price), supply (selling price) and volume (outstanding shares) will interact and compete to establish a sustainable market cap, even if for short periods.

Locotrader:
If na intimidation,this is morning.
Why should you sell Aiico?
You see this Aiico you sold claiming the Q2 result wasn't good,I will intimidate you die Nwanne.Just pray it doesn't nosedive.I go dey look for your injury and put salt and pepper inside it.

Why did you sell Aiico?
Why?
Street why did you sell Aiico?
I will not forgive you for this oooo

No wahala. Two can play the game I will assure u .
I hope you don't take it personal too.

Streetinvestor2:
No wahala. Two can play the game I will assure u .
I hope you don't take it personal too.

No personal issue nah.
For where.....
Just tell me you have repurchase the Aiico and I will leave you.

Na prank ooooo


Na you get your life jare.
No one fit ask question except God

Almost sold substantial part of my Oando for ETI today.
I no believe my eyes what Oando did at close of trading.
Na miracle
Make we see reaction tomorrow

Streetinvestor2:
Agba I asked question and didn't see your reply.
I asked is this what your insurance index saw when I talked about selling aiico and you said wait for 4-6 weeks. Though I sold most for #1.70 after waiting for long to even see 1.50
I am not asking because of aiico but for the sector

Well I didn't want you to sell because the index has steadily climbed back above Ichimoku cloud which indicated impending bull

Initially I thought it was responding to the general market Q2 bull but obviously insiders had been accumulating in anticipation of this announcement

Agbalowomeri:
Well I didn't want you to sell because the index has steadily climbed back above Ichimoku cloud which indicated impending bull

Initially I thought it was responding to the general market Q2 bll but obviously insiders had been accumulating in anticipation of this announcement

Ewoooooooo
Am I missing something here?

They really need to raise the capitalization requirement of the insurance industry beyond this current N10-25 bn statutory minimum. Put it at N50-100 bn minimum, and the sector gets really interesting.

Imagine AIICO (life) merging with MANSARD (tech/general); Linkage (general) hooking up with Custodian (asset management); or NEM and Heirs folding in the current orishirishi companies. We fit end up with 3-5 super tech-enabled, retail-focused insurance cos with top-notch management, solid brand identities, and bulletproof balance sheets.

I hope you will also see people selling...

stockish:
The stock (linkage ass) did the highest units today, almost 600 million units exchanged hands . Who knows what happened pls where they cross deals?

I saw people buying and joined

Streetinvestor2:
I was told the jingles about ngx has started on social media platforms. Is it true for those that do social media. I don't beside this nairaland

It has been on for about a month now.

C & I Leasing dividend just landed, guys (Mega, Loco, our witty Prof and other well wishers) let’s congregate at mama Ejiro for TGIF 😁

Na wrong entry period make many people trapped for cileasing. May your prayer be answered.

Locotrader:
First time I dey see you smile here.
God abeg let Ci leasing continue to rise just for Loco sake.
I want to forgive everyone who brutalized me because of stocks

Joyful365:
You're right to some extent but your claim doesn't invalidate what I have explained.

My explanation is based on an ideal scenario where all a company's stock is actually liquid and traded actively.

But if a large chunk of the stock is illiquid (low volume on stock exchange) then yes you won't need as much money to move price.

But the danger lies in the fact that a 100%, 200%, 300% or other percentage upward surge in price due illiquidity will incentivize those holding the illiquid stock to sell heavily, which will crash the price.

So, to sustain a new market cap at a certain price level, e.g moving from 500 billion to 1 trillion, you need additional 500 billion of funds ready to buy at the new price that keeps the market cap at 1 trillion, and those who bought at a lower price when the market cap was 500 billion must be willing to hold and not sell at the new higher price and higher market cap.

If the proportion of people ready to keep the market cap at the new 1 trillion is 100% of the holders then all will be well. Else, those who bought at a low price will offload their stock to the new buyers at the higher price. What happens if there's not enough buyers at the higher market cap and higher price? Price will fall back down.

If the entire funds was there to buy at the new price then price will remain there and continue to climb higher as new funds join in buying at the higher price.

The key is SUSTAINABILITY.

The fact that price levels is never sustainable for long periods is why you see price moving up and down in the stock market.

Eventually, the forces of demand (buying price), supply (selling price) and volume (outstanding shares) will interact and compete to establish a sustainable market cap, even if for short periods.

Maybe I need to illustrate.

At a share price of N49.50 GTCO market capitalization was N1.8 Trillion naira.

At current price of N99.00 per share, GTCO market capitalization is N3.6 Trillion.

The total amount of transactions which is a cumulative of all volumes traded during this period was not more than N500 billion naira.
You would have expected that N1.8 trillion would be required to double the market capitalization based on your illustration but this is not how it works.

A stock could even transact N500 billion in a as long as 6 weeks and the market cap remains unchanged.

It will be nice if loco can be giving best entry price like mega and others. When to exit is left to the person. With that, loco go dey rest when price crash after the stock don gain

Streetinvestor2:
You go soon ghost mode again oh.I don't buy stock and go about ringing bell about it.That is your trade in stock and I leave it with you.Try market junk and you hear my song.
I know how you throw percentage here and thr before day break you are out.
In as much as they are not junks it does not mean we have forgotten so quick, lol
You said more that this with phantom figures for police microfinance and Ci leasing even claiming insider information. And being first to be paid dividend..lol
Just enjoy the insurance sector ride as it last.
And if you now see my opinion as a problem. Then you should be ready for the dance that it comes with.That is the line I don't tolerate from anyone. I see it as intimidation nwanne.
Make the handshake no try reach elbow oh

purity2all:
You're not serious.
So it is Loco that tells you when to buy and sell stocks?

You dey share the loot with am?

Uncle SERIOUSNESS I greet you.

But that's too harsh. Even the person (Loco) in question didn't take to heart like you did.

Keep off pls 🙏 😢

Thank you.

The honest truth is CI like many other stocks will be under going corrections from time to time so just know why you got into any stock in the first place because what's full bid today can go into full offer even for days

stockish:
The stock (linkage ass) did the highest units today, almost 600 million units exchanged hands . Who knows what happened pls where they cross deals?

I saw people buying and joined

ok ooooo

mikeapollo:
So you did "Mo gbo, mo ya''
Hope it ends well

insurance stocks

Locotrader:
Ewoooooooo
Am I missing something here?

Na you go talk wetin you dey miss

Bovis:
C & I Leasing dividend just landed, guys (Mega, Loco, our witty Prof and other well wishers) let’s congregate at mama Ejiro for TGIF 😁

Payment keh? I never receive mine oooooo

Have they done AGM abi na eye dey pain me ni?

Here's a summary of today's trading session on the NGX , as well as my thoughts on H1 2025 numbers for the cement and paint players.

https://www.youtube.com/watch?v=mN5s4aRE2Ng

Dividend

Bovis:
C & I Leasing dividend just landed, guys (Mega, Loco, our witty Prof and other well wishers) let’s congregate at mama Ejiro for TGIF 😁

megawealth01:
Payment keh? I never receive mine oooooo

Have they done AGM abi na eye dey pain me ni?

I think the Registrar (Cordros Limited) is still allocating the money to shareholder's through their different bank accounts. Mine was paid into Polaris

NIBSS:CORDROS REGISTRARS LIMITED-C AND I LEASI:EB CRL C N I LEASING DIV 2 B9989936133T9989936137:000012250806180504000922376989