₦airaland Forum

Stockpromoter:
Get ready to loose 50 to 80kobo before the next rally will start.
Those who will move the stock for you will go as low as 3.20 to mop from weak hands.

No be our Japaul?

less than my children monthly pocket money. no problem

awesomeJ:
The reality is that if you were able to buy early you won't be complaining.

Mention the exact rule that Zichis broke.

If the bids are genuine, the company is exxonerated. Only if the investigation shows that they were deliberately building up fake bids(in collaboration with/through their broker(s)), only then could you blame them.

Exactly. If there was no collusion between buyers and sellers then they didnt do anything.

ANYWAY!!!! Zenith rising; Ellah and Japaul falling, all is right with the world.

pluto09:
There could have been manipulation and that is not my point.
A number of other companies could as well be guilty of manipulation.
If you care to know the free float of zich,can you tell me the free float of BUA food and BUA cement too?

The free float regulation is an either/or:

20% or N20bn worth

The BUAs qualify based on the N20bn

toyeoye:
OANDO leaps into top 3 🚀
₦43.45 (+8.63%) Intraday

Na today?
Oando is like an ''abiku'' child that dies when you start banking your hopes on him.
If you don't have strong legs, strong heart and patient funds, stay away!

Oga na Oga

Oasisblue:
Transpower offers looks ridiculously fishy. Everyone listing the same number of shares for sale at the same price?

mikeapollo:
So the NGX management too should be blamed and were wrong in suspending them? Zichis has played by the rules and done nothing wrong?

I don't think I have ever said that Zich was right.
I have no complaints with what NGX has done. They actually need to do more.

pluto09:
I am not in support of what Zich did.
What i am against is the double standards that some people are exhibiting.
There have been some clear cases of manipulation before them which the same people supported just because they hold the stock.
I tried to buy the stock the first 2 days after they were listed purely for speculation with no success so I don't have any single unit of Zich.

My own position as well.

crownprince2017:
Loco panic successfully created.

By the time people know some are after personal agenda here, they'll know how to sieve info.
By the time, they succeeded in getting in at cheaper price, we'll see their posts and narrations changed.
I don't always allow some noise to get to me.
JAPAUL will deliver, that I know.

*Loco wouldn't have allow people rest here if he's still in the bus, we would have been reading stories of how it will get to N50 and all that....😊

When I picked Unity Bank for instance @0.84k and it started appreciating that time, nothing wey Dem no talk finish here....but it went down ooo, then picked up to go above N3 again.

We are watching JP patiently....🤔

@Mpeace, JAPAULGOLD is now on full offer.

Sometimes take a trader's insight seriously if you're only speculating.

Take Pa Emma's if you're doing long term.

Take Agba's if all you care about is capital preservation.

BM

Today, Tuesday 24th February 2026
DANGSUGAR & LAFARGE/WAPCO

mikeapollo:
Then you should appreciate what folks are saying here because you and I could fall prey to such schemes.
There is no double standards here.
Any stock can reach a height if there is enough liquidity in the market to support it. In Zichis case, there was no liquidity (retail investors did not have it) but their management and brokers/registrars decided to deal a few 100,00s per day to gain 10% and push the price up to 900%. If there was genuine liquidity, some investors would be selling or buying so the price may go up, down or stabilize on some days, but not straight 10% daily for a whole month! Even MTN, Dangote Cement, Airtel etc. did not achieve that.

Everyone benefits when things are done right in the market.

It sounds like double standard, cos when NCR rose with absolutely zero fundamentals, rose maybe 300% in one month, Mankind2024 praised it, and all, no body complained. Yet it traded thinly then as well.

pluto09:
I don't think I have ever said that Zich was right.
I have no complaints with what NGX has done. They actually need to do more.

Pluto, you don't have to keep replying, they won't agree with you no matter what.

The thing is that, ZICHIS didn't allow them chop with am, so they won't stop blaming them.
Just see story changed once they're able to buy after suspension is lifted.

I wonder why no one is blaming NGX for dereliction/negligence of duty here...
Why did it take NGX this long before they noticed the infractions?
Even common investors were noticing this but regulators were blinded to it because their pockets are getting fat with 🤑 💰.

**I would say, NGX couldn't also partake in ZICHIS goodies, hence the need to look for an excuse to nail them......so they found one.
Shikenah!

pluto09:
I should blame myself and not the company if I should fall prey to those kind of manipulation on NGX

Exactly.
The company isn't responsible for your greed.

You willingly placed a bid to buy a company with zero equity, sometimes negative equity, sometime crazy earnings multiples like 100x

You sent in the order on your own accord, if it backfires, 10000000% of the blame is on you.

Life isn't supposed to be hard.

mikeapollo:
Na today?
Oando is like an ''abiku'' child that dies when you start banking your hopes on him.
If you don't have strong legs, strong heart and patient funds, stay away!

You have said it all...
For steam to return volume must expand

megawealth01:
If I hear say LEGEND no manipulate?

Going by fundamentals, legend should have hit N1.20 since last quarter.

awesomeJ:
@Mpeace, JAPAULGOLD is now on full offer.

Sometimes take a trader's insight seriously if you're only speculating.

Take Pa Emma's if you're doing long term.

Take Agba's if all you care about is capital preservation.

Ok, you are correct

yMcy56:
Pluto, you don't have to keep replying, they won't agree with you no matter what.

The thing is that, ZICHIS didn't allow them chop with am, so they won't stop blaming them.
Just see story changed once they're able to buy after suspension is lifted.

I wonder why no one is blaming NGX for dereliction/negligence of duty here...
Why did it take NGX this long before they noticed the infractions?
Even common investors were noticing this but regulators were blinded to it because there pocket is getting fat with it.
I would say, NGX couldn't also partake in ZICHIS goodies, hence the need to look for an excuse to nail them......so they found one.
Shikenah!

Na wa o! We are not really different form the politicians we are blaming. The people defending Zichis are hilarious. Their infraction was starring us in the face. Just because you were abke to grab some units or you know the people manipulating the stock price you ahve turbed to their defender and accussing thoseapplauding the NGX for doing the right thing as sore losers.

Harddiskng:
I have bought stocks with negative equity after my due diligence.

Point to one stock on NGX that did 10% daily for two with little or next to nothing being sold.

There is this Nigeria factor people don’t see anything wrong with the worse situation so far they are benefiting from it.

Even the blind could see that something was terribly wrong with that stock

He is a member of apc/failed government. That is how they see evil and say it is good..lol

rmx:
Rates going back up , might be temporary , BM is back over 1400 transfer , official also higher

https://thenationonlineng.net/cbn-mops-up-dollars-to-slowdown-naira-appreciation/

The CBN is concerned about too fast a pace for the appreciation. I learnt they were net takers from the market last week. Almost $200m they bought off sellers, they themselves not having to sell any dollars to the market. They bought off people to avoid too rapid movement.

If you were an FPI that brought in $1bn at N1500, should the currency move too rapidly to N1250, you have a 20% incentive to sell off your debt and have your original N1.5 trn capital now buy as much as $1.2bn worth of cheap dollars.

If all FPIs ran that maths, the demand would be too crazy for the CBN to match, so steady gains are preferred.

I still expect 1200 to 1260 by Q2.
I actually want that. I guess most of us naira earners do.

Peter don use purist n his Whatsapp member as exit liquidity in japaul.
He said it's going to pullback to 3.2 only for him to buy at 4 n comes here to validate that the price is going to 12.

Yeye tools..

Fools will get duped everyday.

Loco na bad guy..

Oasisblue:
Transpower offers looks ridiculously fishy. Everyone listing the same number of shares for sale at the same price?

Nothing fishy. If you have 720k units to offload and you don't want to crash the price, that's how you would place them on sale

Oasisblue:
Na wa o! We are not really different form the politicians we are blaming. The people defending Zichis are hilarious. Their infraction was starring us in the face. Just because you were abke to grab some units or you know the people manipulating the stock price you ahve turbed to their defender and accussing thoseapplauding the NGX for doing the right thing as sore losers.

I'm just being objective here.
Let's all raise our voice against double standards.....and that's what I'm saying.

Why has no one see what SKYAVN was doing up till now and issue warning?
Skyway manipulated the share price all the way from N6 to 150+ but it was normal to them because they were in the bus....
Why have they been praising some stocks and the regulators also looking away, even till now...... MECURE as example...
...but because they couldn't see ZICHIS to buy, they suddenly remembered the rule just to place the stock on suspension?

Why I'm not against the punitive measure, yet the regulators should also accept their blames and do what's right for the gander as well as the goose.

* Besides, I don't have a single unit of ZICHIS...
You see common investor wey see to buy?

mikeapollo:
So the NGX management too should be blamed and were wrong in suspending them? Zichis has played by the rules and done nothing wrong?

The NGX isn't wrong in suspending them. But they're to be blamed for not reviewing their rules to accommodate present day realities.

If they simply added a clause that no price movement would happen until free float requirements are met, it's a simple rule , easy to enforce and it would have prevented or at least limited this sort of situation.


The more painful one is the AIRTEL situation.

That stock alone would have added another N10trn to our market cap if not their archaic rule that's preventing trades on it.

nosa2:
Exactly. If there was no collusion between buyers and sellers then they didnt do anything.

ANYWAY!!!! Zenith rising; Ellah and Japaul falling, all is right with the world.

Yes sir.

Mpeace:
Ok, you are correct

You're welcome 😎

crownprince2017:
Peter don use purist n his Whatsapp member as exit liquidity in japaul.
He said it's going to pullback to 3.2 only for him to buy at 4 n comes here to validate that the price is going to 12.

Yeye tools..

Fools will get duped everyday.

Loco na bad guy..

😁😁😁😁😁

yMcy56:
Pluto, you don't have to keep replying, they won't agree with you no matter what.

The thing is that, ZICHIS didn't allow them chop with am, so they won't stop blaming them.
Just see story changed once they're able to buy after suspension is lifted.

I wonder why no one is blaming NGX for dereliction/negligence of duty here...
Why did it take NGX this long before they noticed the infractions?
Even common investors were noticing this but regulators were blinded to it because their pockets are getting fat with 🤑 💰.
I would say, NGX couldn't also partake in ZICHIS goodies, hence the need to look for an excuse to nail them......so they found one.
Shikenah!

Contradictions galore at the bolded.

Instead of blaming the intruder/thief for trespassing, we are blaming the policeman for dozing off momentarily and later waking up to arrest the thief!. Interesting!
In other words, everyone/anyone can go ahead to do wrong or steal and hope that he/she would not be caught. When he/she is caught, you say it is because he/she did not settle the policeman!.

.........then we complain when the international community describes all Nigerians as thieves and corrupt!

pluto09:
I don't think I have ever said that Zich was right.
I have no complaints with what NGX has done. They actually need to do more.

God bless you! That is the bottom line.
The NGX may not be perfect, but you and I are ones to lose if we don't discourage what happened. The NGX itself and other companies that did similar thing should also be called out

Jaiz bank need serious investigation too.

The price just dey rise on nothing. N12.60K

yMcy56:
Come to think of it:
Conductor opened door today, did you buy or you picked race? 🤔
Signify ✋ make we know how many of us still dey the bus

Meanwhile, Peter for don rush out, maybe rush back in again when he noticed volume and bouncing back up 😁

** Btw, when PRESCO, SEPLAT and the likes are being manipulated due to HOPE it's called "normal upside" but when supply/demand is playing out in ZICHIS, JP etc.....to Nsempa guru and gugurus, it's called manipulation.....
Make una continue you hear...🙄

Honestly I jumped in on full scale yesterday morning as usual without checking back after I got busy in the office and ended up buying at #4.40 which diluted my 40% profit for the one I bought last Monday to just 19%. It is well sha, we keep watching highest Japaul will do is to hold my money for some months. It will still rise above 5-10km when it fully evolves from stone to gold. Lol! See me trusting Jegede like he is my father.
But you never told us when you left ELLAH accidented bus?

Who is buying Access, what is T.A saying? Osita, aj8 make una help check the entry level.

toyeoye:
OANDO leaps into top 3 🚀
₦43.45 (+8.63%) Intraday

OANDO will likely close on full bid !!!

BARGAIN HUNTERS TAKE NOTE!