₦airaland Forum

Newbies following me knows that they are buying ACCESS for long-term

THOSE SELLING THE VOLUMES ARE NOT NEWBIES

SonofElElyonRet:
Mega no make newbies panic sell ooo...

When the NGX Becomes Efficient.

An efficient market is a financial market where prices fully and rapidly reflect all available information.
It appears the Nigerian Exchange (NGX) may gradually be heading in that direction.
In an efficient market, it becomes increasingly difficult to consistently identify undervalued or overvalued assets using publicly known data. The edge then shifts from mere information gathering to discipline, patience, timing, and consistency.

Both Technical Analysis (TA) and Fundamental Analysis (FA) begin to lose part of their traditional advantage in a highly efficient market environment.

The Efficient Market Hypothesis (EMH) explains this through its three major forms:
• Weak Form EMH
This suggests that technical analysis cannot consistently outperform the market because prices already reflect all past trading data, including charts, price movements, and trends.

• Semi-Strong Form EMH
This states that prices already reflect all publicly available information such as financial reports, economic data, corporate announcements, and news releases. Under this condition, fundamental analysis alone cannot consistently deliver superior returns.

• Strong Form EMH
This goes even further by proposing that prices reflect all information, including insider or private information. In such a market, no investor can consistently earn abnormal returns over time.

The big question therefore is: Is the NGX gradually moving toward market efficiency?
The possible turning point may begin around September 2026, when the anticipated frontier market status could fully take effect, potentially increasing foreign participation, liquidity, institutional activity, research coverage, and information dissemination across the market.
If that happens, the NGX of tomorrow may become very different from the NGX many investors have historically known.

OANDO. Any minute now

Better dey?

Zagee:
OANDO. Any minute now

Mankind2024:
When the NGX Becomes Efficient.

An efficient market is a financial market where prices fully and rapidly reflect all available information.
It appears the Nigerian Exchange (NGX) may gradually be heading in that direction.
In an efficient market, it becomes increasingly difficult to consistently identify undervalued or overvalued assets using publicly known data. The edge then shifts from mere information gathering to discipline, patience, timing, and consistency.

Both Technical Analysis (TA) and Fundamental Analysis (FA) begin to lose part of their traditional advantage in a highly efficient market environment.

The Efficient Market Hypothesis (EMH) explains this through its three major forms:
• Weak Form EMH
This suggests that technical analysis cannot consistently outperform the market because prices already reflect all past trading data, including charts, price movements, and trends.

• Semi-Strong Form EMH
This states that prices already reflect all publicly available information such as financial reports, economic data, corporate announcements, and news releases. Under this condition, fundamental analysis alone cannot consistently deliver superior returns.

• Strong Form EMH
This goes even further by proposing that prices reflect all information, including insider or private information. In such a market, no investor can consistently earn abnormal returns over time.

The big question therefore is: Is the NGX gradually moving toward market efficiency?
The possible turning point may begin around September 2026, when the anticipated frontier market status could fully take effect, potentially increasing foreign participation, liquidity, institutional activity, research coverage, and information dissemination across the market.
If that happens, the NGX of tomorrow may become very different from the NGX many investors have historically known.

Pls more information on the frontier market in September. Is it when it will kick start. I thought it was already in place and operational immediately the ban was lifted

https://www.youtube.com/watch?v=jD5lJbQ-uVI

A summary of today's trading session on the NGX.

Sept 21 (thereabouts) 2026 is when we will formally enter. When the ban was lifted we entered a waitlist sort of mode

Streetinvestor2:
Pls more information on the frontier market in September. Is it when it will kick start. I thought it was already in place and operational immediately the ban was lifted

Full List of Companies yet to publish their Audited Financial Statement:

*Financial Services*

*Banks*
1. *FCMB Bank*
3. *Jaiz Bank*
4. *Sterling Bank*
5. *LivingTrust Mortgage Bank*

*Insurance*
6. *Regency Alliance Insurance*
7. *Cornerstone Insurance*
8. *Fortis Global Insurance*
9. *Mutual Benefit Assurance*
10. *Universal Insurance*
11. *Prestige Assurance*

*Oil & Gas*
12. *Aradel Holdings*
13. *Caverton Offshore Support Group*
14. *Conoil*
15. *Oando*

*Consumer Goods*
16. *Honeywell Flourmill*
17. *Northern Nigeria Flour Mills*
18. *PZ Cussons Nigeria*

*Industrial Goods*
19. *Aluminum Extrusion Industries*

*Services*
20. *Redstar Express*

*ICT*
21. *Legend Internet*

*Natural Resources*
22. *Japaul Gold & Ventures*

*Conglomerates*
23. *SCOA Nigeria*

*Other Financials*
24. *NCR Nigeria*

Which of them do you have in your Portfolio?

deathwing:
Sept 21 (thereabouts) 2026 is when we will formally enter. When the ban was lifted we entered a waitlist sort of mode

Really..na him dey cause all this month to month bull.People are preparing for the maga coming. The stocks in premium boards go still do 100% before September be dat apart from access. I was not informed walahi.The chinko just struck gold mine in wapco be dat
Dangote Cement go do #2000,wapco #500 and blue #700. That sector na big target for any foreign investors when you look at nigeria infrastructural deficit

PZ uses June to May Financial cycle so the AFS is not yet due...

essentialone:
Full List of Companies yet to publish their Audited Financial Statement:

*Financial Services*

*Banks*
1. *FCMB Bank*
2. *Fidelity Bank*
3. *Jaiz Bank*
4. *Sterling Bank*
5. *LivingTrust Mortgage Bank*

*Insurance*
6. *Regency Alliance Insurance*
7. *Cornerstone Insurance*
8. *Fortis Global Insurance*
9. *Mutual Benefit Assurance*
10. *Universal Insurance*
11. *Prestige Assurance*

*Oil & Gas*
12. *Aradel Holdings*
13. *Caverton Offshore Support Group*
14. *Conoil*
15. *Oando*

*Consumer Goods*
16. *Honeywell Flourmill*
17. *Northern Nigeria Flour Mills*
18. *PZ Cussons Nigeria*

*Industrial Goods*
19. *Aluminum Extrusion Industries*

*Services*
20. *Redstar Express*

*ICT*
21. *Legend Internet*

*Natural Resources*
22. *Japaul Gold & Ventures*

*Conglomerates*
23. *SCOA Nigeria*

*Other Financials*
24. *NCR Nigeria*

Which of them do you have in your Portfolio?

Which stock on the NGX has the potential of being the next Seplat?

Abeg make una help me oo, i have been unable to market sell or limit sell my uba stocks on Cowrywise since last week.
Cowrywise support keeps repeating the same thing, no liquidity?
Even today my market sell order failed. Since when did UBA become illiquid please?

Streetinvestor2:
Pls more information on the frontier market in September. Is it when it will kick start. I thought it was already in place and operational immediately the ban was lifted

For now domestic retail investors are still positioning ahead of September. It would kickstart in September from what I know.

isaacosas01:
Abeg make una help me oo, i have been unable to market sell or limit sell my uba stocks since last week.
Support keeps repeating the same thing, no liquidity?
Even today my market sell order failed. Since when did UBA become illiquid please?

Which platform are you trading on?Which stockbroker are you trading with?

sterlingD:
Which platform are you trading on?Which stockbroker are you trading with?

Cowrywise. Lemme modify the original post and add it.

FIDELITY FY '25

https://doclib.ngxgroup.com/Financial_NewsDocs/46985_FIDELITY_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2026.pdf

essentialone:
Full List of Companies yet to publish their Audited Financial Statement:

*Financial Services*

*Banks*
1. *FCMB Bank*
2. *Fidelity Bank*
3. *Jaiz Bank*
4. *Sterling Bank*
5. *LivingTrust Mortgage Bank*

*Insurance*
6. *Regency Alliance Insurance*
7. *Cornerstone Insurance*
8. *Fortis Global Insurance*
9. *Mutual Benefit Assurance*
10. *Universal Insurance*
11. *Prestige Assurance*

*Oil & Gas*
12. *Aradel Holdings*
13. *Caverton Offshore Support Group*
14. *Conoil*
15. *Oando*

*Consumer Goods*
16. *Honeywell Flourmill*
17. *Northern Nigeria Flour Mills*
18. *PZ Cussons Nigeria*

*Industrial Goods*
19. *Aluminum Extrusion Industries*

*Services*
20. *Redstar Express*

*ICT*
21. *Legend Internet*

*Natural Resources*
22. *Japaul Gold & Ventures*

*Conglomerates*
23. *SCOA Nigeria*

*Other Financials*
24. *NCR Nigeria*

Which of them do you have in your Portfolio?

Please can someone help me with this, if a very sound retirement stock does x8 can I sell and rebuy when the price falls again or do I ignore it and watch it rise and fall.

GeneralDae:
For now domestic retail investors are still positioning ahead of September. It would kickstart in September from what I know.

The magas are coming. We go chop thr dollars

essentialone:
Full List of Companies yet to publish their Audited Financial Statement:

*Financial Services*

*Banks*
1. *FCMB Bank*
2. *Fidelity Bank*
3. *Jaiz Bank*
4. *Sterling Bank*
5. *LivingTrust Mortgage Bank*

*Insurance*
6. *Regency Alliance Insurance*
7. *Cornerstone Insurance*
8. *Fortis Global Insurance*
9. *Mutual Benefit Assurance*
10. *Universal Insurance*
11. *Prestige Assurance*

*Oil & Gas*
12. *Aradel Holdings*
13. *Caverton Offshore Support Group*
14. *Conoil*
15. *Oando*

*Consumer Goods*
16. *Honeywell Flourmill*
17. *Northern Nigeria Flour Mills*
18. *PZ Cussons Nigeria*

*Industrial Goods*
19. *Aluminum Extrusion Industries*

*Services*
20. *Redstar Express*

*ICT*
21. *Legend Internet*

*Natural Resources*
22. *Japaul Gold & Ventures*

*Conglomerates*
23. *SCOA Nigeria*

*Other Financials*
24. *NCR Nigeria*

Which of them do you have in your Portfolio?

Great job you do on the compilation lists of various things on Ngx from time to time
Weldone Sir👍

Mankind2024:
When the NGX Becomes Efficient.

An efficient market is a financial market where prices fully and rapidly reflect all available information.
It appears the Nigerian Exchange (NGX) may gradually be heading in that direction.
In an efficient market, it becomes increasingly difficult to consistently identify undervalued or overvalued assets using publicly known data. The edge then shifts from mere information gathering to discipline, patience, timing, and consistency.

Both Technical Analysis (TA) and Fundamental Analysis (FA) begin to lose part of their traditional advantage in a highly efficient market environment.

The Efficient Market Hypothesis (EMH) explains this through its three major forms:
• Weak Form EMH
This suggests that technical analysis cannot consistently outperform the market because prices already reflect all past trading data, including charts, price movements, and trends.

• Semi-Strong Form EMH
This states that prices already reflect all publicly available information such as financial reports, economic data, corporate announcements, and news releases. Under this condition, fundamental analysis alone cannot consistently deliver superior returns.

• Strong Form EMH
This goes even further by proposing that prices reflect all information, including insider or private information. In such a market, no investor can consistently earn abnormal returns over time.

The big question therefore is: Is the NGX gradually moving toward market efficiency?
The possible turning point may begin around September 2026, when the anticipated frontier market status could fully take effect, potentially increasing foreign participation, liquidity, institutional activity, research coverage, and information dissemination across the market.
If that happens, the NGX of tomorrow may become very different from the NGX many investors have historically known.

Excellent piece and excellemt graphics. Well done.
Please what prompt did you use for the design or is it just Graphics design.

ehay:
Please can someone help me with this, if a very sound retirement stock does x8 can I sell and rebuy when the price falls again or do I ignore it and watch it rise and fall.

A very sound retirement stock is a long term hold and a few fluctuations, even up to 20% should be completely ignored. It should be kept
1. Forever
2. Until retirement
3. Or whenever it stops being very sound

Kaila2008:
https://doclib.ngxgroup.com/Financial_NewsDocs/46985_FIDELITY_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2026.pdf

A L E R T.

Do not bother to click.

NO DIVIDEND FOR THE YEAR ENDED 2025

Royalex

Shalom428:
Which stock on the NGX has the potential of being the next Seplat?

When I said there was nothing to be ashamed of and that Fidelity should just do open eye and bring out the result, it was as if.......

Cockroach Theory justified.

All my creditors should wait till Interim from GT and Zenith.

Na dividend we no pay. We no kill person.

Harddiskng:
In Feb I remember telling someone i think Pension index would do 100% this year.

Its at 68%

It will do more than 100% before 31 Dec, mark this post.

THIS IS NOT A BUY RECOMMENDATION

This index is wearing a jet pack

megawealth01:

.

Chart or whisper?

Zagee:
OANDO. Any minute now

ACCESS BANK if you are a long term HOLDER

Not a recommendation as access will dump harder if necessary

Shalom428:
Which stock on the NGX has the potential of being the next Seplat?

Noted! One particular company keeps popping up on my radar. I will release the name of this potential candidate when I'm done with my analysis

megawealth01:
ACCESS BANK if you are a long term HOLDER

Not a recommendation as access will dump harder if necessary

Noted

bennybuhari:
Royalex

Drop am so make I follow do the analysis

Shalom428:
Noted! One particular company keeps popping up on my radar. I will release the name of this potential candidate when I'm done with my analysis