₦airaland Forum

HesInMe:
So why are people selling if that's the case? Assuming the court-ordered meeting occurs in the next 6 months, the "last highest traded price in the past 6 months" would be about 150+. That should be the floor for the stock if that were the case.

crownprince2017:
Okomu and presco no fit go down 20% from current price till year end atleast. Do background check on their products you will know why.

Those guys will report money never seen before in their history come end of the year.

Except they do magomago.
Pls DD.

kintus:
In a bear market.....prices will drop by 8-9% and gain by 3-4%.... it keeps going down gradually until you'll discover your portfolio is in 20-30% loss....

That's how it works....so don't rejoice when you see a bounce.....some could be a reaction a certain SUPPORT......pray that support isn't broken, if it does, then down down we go.

kintus:
The green of today isn't sustainable...this is what is still playing out. You can only keep averaging down until we hit the bottom pot.

yMcy56:
No one knows it all in this market....
You're just reading trend I guess....
Market can be unpredictable......
If you can categorically tell us when the market is hitting the bottom and it happens so, then I'll give it up for you.

* Hope you have the patience of Agba to keep waiting and keeping vigil to wait for the bottom?
Hope you're also ready to wait for as long as many years?
If you see the bottom, hope you no go pick race again? 😁

awesomeJ:
Agba has been waiting since 2018 to buy GTCO at N18 😁😁😁

yMcy56:
No one knows it all in this market....
You're just reading trend I guess....
Market can be unpredictable......
If you can categorically tell us when the market is hitting the bottom and it happens so, then I'll give it up for you.

* Hope you have the patience of Agba to keep waiting and keeping vigil to wait for the bottom?
Hope you're also ready to wait for as long as many years?
If you see the bottom, hope you no go pick race again? 😁

yMcy56:
He don drink garri so teyyyy, he's almost relocating to Ichimoku cloud now 😁

Bought GT @18, sold @36 or 38, and he's been waiting endlessly for the round trip. Lol

yMcy56:
No one knows it all in this market....
You're just reading trend I guess....
Market can be unpredictable......
If you can categorically tell us when the market is hitting the bottom and it happens so, then I'll give it up for you.

* Hope you have the patience of Agba to keep waiting and keeping vigil to wait for the bottom?
Hope you're also ready to wait for as long as many years?
If you see the bottom, hope you no go pick race again? 😁

yMcy56:
He don drink garri so teyyyy, he's almost relocating to Ichimoku cloud now 😁

Bought GT @18, sold @36 or 38, and he's been waiting endlessly for the round trip. Lol

kintus:
We have many newbies here and we can't keep encouraging unguarded entry into the market even when all indices suggest a need for patience and caution at a time like this.

Stockhunter:
The sellers are gradually loosing steam...Gina dont worry that bone wey hang for your throat go soon go down🤣🤣🤣... Abeg keep balancing the emotions with humor. Make person no go get HBP..

crownprince2017:
Don't worry yourself, all this speculation will end next week, by third week of the month the bull will hit the market and all this no NAFDAC TA will end in water.

Let him continue to they wait for bottom in Good stocks.

kintus:
Is this your position different from mine? if you're so sure that my TA is without NAFDAC NO, why do you have to wait till next week or third week of Sept to start seeing green? Who told you the bulls will hit the market in three weeks? Or are you one of them who is bringing the bulls?

I understand we are all bleeding and it is important we don't let our emotions get in the way by typing derogatory statements.

I come in peace as a student of Agba and Loco combined.

yMcy56:
People buy and sell for whatever reasons.....
That's why it's called Market....
Some guys have insider info...

* If WAPCO is not exiting NGX, then MTO will be launched to acquire minority shareholders (at the same price majority was acquired and usually 1%) in fulfillment of Rule that governs divestment or takeover.

* Assuming the court ordered meeting takes place in less than 6months, then, WAPCO will have no choice than to pay the highest the share price got to....... HOWEVER, these companies are clever, they'll find a way of dragging it beyond the six months so they wont pay high.
We can see this played out in the case of Mobil and few others.

Ginalex:
As Cadbury and NAHCO no drop for price today, I kuku pick small PZ at 29.70🌚 and ETI at 33.50. Till we see again next week 🤗🤗

kintus:
The green of today isn't sustainable...this is what is still playing out. You can only keep averaging down until we hit the bottom pot.

kintus:
Hmmm
For you to be hopeful and confident about the market is commendable. First time I am seeing this side of you, Sir.

Streetinvestor2:
So why didn't it go through for PZ if you believe any offer they make is binding to minority shareholders. I hope u know within the contex of minority shareholders there are still majority shareholders inside it.This are the people who wen to court and senate

yMcy56:
* Kpakus on full bid @12.98.....
* VERITASKAP on full bid @1.98.....
* Heavy cross deals in NB, STI...
* ARADEL has been trying to shake body and move up.....but the seller......how far can he continue to hold this stock down?
* ACCESS lots of activities.....
* ZENITH lots of activities...

crownprince2017:
This pz, I went through their product portfolio, that business really need serious restructuring ooooooo.
Most of their products are fx dependent and most of the ones that are not are fading away with strong competition.


The killer of all is that the competition in the space they play is very high. Almost all their products have strong competitors.

They are only clear leaders with king oil which have small wahala..