₦airaland Forum

Which merger? Kindly provide further detials. I am just hearing aboutt his.

Thanks.

yMcy56:
NASCON
Something may be happening there.....
Series and chains of 90k units being crossed in market...
Cross Deals has been ongoing for sometimes....

Anyone with the merger rumour news update?

Oasisblue:
Which merger? Kindly provide further detials. I am just hearing aboutt his.

Thanks.

The DS and NASCON Merger, not sure that is still gonna happen

Tantalizer
Bids 7m plus
Offer 4m plus
Yet price is dropping

Oasisblue:
Which merger? Kindly provide further detials. I am just hearing aboutt his.
Thanks.

It was mentioned here around 2 months ago nah.
Abeg, I no talk about any merger o......
I'm also asking for update whether it will still happen or it's just a rumour....

If Alhaji is serious about merging the consumer goods Arms of his companies, then it ought to be before listing of DANGREFINE, but as it is, I don't know if he still even have time for that....
Nobody knows anything yet, except maybe insiders.

See what my broker just told me. Is unity bank not coming back again in a new arrangement?

Shey na style dey just corner the bank to themselves?

JAIZBANK
The heavy cross dealer is buying up while the yeye cross dealers in other stocks kept buying down and crashing the prices in the process....

FCMB for instance is becoming annoying.....not to even mention that ACCESS

ojeysky:
The DS and NASCON Merger, not sure that is still gonna happen

Over to you the bedsheet oracle.

megawealth01:
See what my broker just told me. Is unity bank not coming back again in a new arrangement?

Shey na style dey just corner the bank to themselves?

I told you before about this UNITY Bank but you seems nonchalant about it....
You for don collect your money and wish them safe journey.....

I told you PROVIDUS isn't listed and didn't have any plan to list yet......
Someone even mentioned that they prefer their private lifestyle.

They paid people off.....but no Form, update or official announcement was made concerning the merger.....except the Court Sanction we heard about.

Anyway, try and hold your broker for updates and try contact PROVIDUS directly on what the fate of those not yet paid-off is.
They should have investor relations email.

yMcy56:
JAIZBANK
The heavy cross dealer is buying up while the yeye cross dealers in other stocks kept buying down and crashing the prices in the process....

FCMB for instance is becoming annoying.....not to even mention that ACCESS

Allow market to go down by 30% to refuel

ANNOYING list should include IB, NB, CHAMPION. Let's populate the list

yMcy56:
JAIZBANK
The heavy cross dealer is buying up while the yeye cross dealers in other stocks kept buying down and crashing the prices in the process....

FCMB for instance is becoming annoying.....not to even mention that ACCESS

5m Naira loan needed urgently to be backed up by a landed property for a period of 6-12 months.

Please, indicate if you are interested and wants to hear more.

Thank you

Agbalowomeri:
Allow market to go down by 30% to refuel

We might see more than 30% down oh.

I expect Access to hold N20 but some of these stocks need to shed a lot of weight

MODESTY2024:
ANNOYING list should include IB, NB, CHAMPION. Let's populate the list

Lol
IB and Champion did not even join the bull in the first place....
CHAMPION really disappoint...

Your broker (Meristem) is not party to the transaction. It's between the shareholder and the company, through the registrar.

Contact the registrar, if you had/have Unity Bank shares.

megawealth01:


I'm currently fighting to ensure all my UNITY BANK shares are swapped to the new entity...

Na werey we dey use dey cure werey

I'm hopeful that I will have all my shares swapped

For them to start paying people it means they have started the swapping process...

For MERISTEM to tell me that my shares are still intact is a relief but I will continue sending them MAILS non-stop alongside the registrar so they go have mercy on me and swap all

MODESTY2024:
ANNOYING list should include IB, NB, CHAMPION. Let's populate the list

What about NAHCO Lol

Make Una allow the bear to run for three months before Una compile list

The Other Face of the Market

To the newbies, don't be scared, the current face of the market is also part of the game. Everything is in order.
Whether you recently started your stock investment journey or are exploring equity or balanced funds, be calm.

Whichever level you are in the market, it is important to understand that the current market situation is normal. Market cycles have always existed; markets move upward or downward over time.

For discerning investors, a bearish/down market presents an opportunity. By applying a naira cost averaging strategy, this is a good time to accumulate fundamentally sound, dividend-paying stocks in tranches. In simple terms, continue buying during market dips. This approach helps reduce risk and positions you for gains when the market rebounds.

When the market eventually recovers, you will benefit not only from capital appreciation but also from dividends earned while holding these investments. Note that a down market doesn't stop dividends from a fundamentally sound company.

Always remember that price movements in the market are influenced by many factors, and a stock’s price does not necessarily reflect its true value.

According to the popular saying by the living legend Warren Buffett, " Be greedy when others are fearful and be fearful when others are greedy"

Invest wisely, follow your investment objective, not the fears, noise, or hype.

Targeting NAHCO at ₦80 and Custodian at ₦50, with a willingness to wait until November for potential entry opportunities.

The guys / institution actively mopping up NASCON - Well Done!

Follow the Money

megawealth01:
See what my broker just told me. Is unity bank not coming back again in a new arrangement?

Shey na style dey just corner the bank to themselves?

Did you attend the last AGMs?

But in the West that's not how it's done na

yMcy56:
I told you before about this UNITY Bank but you seems nonchalant about it....
You for don collect your money and wish them safe journey.....

I told you PROVIDUS isn't listed and didn't have any plan to list yet......
Someone even mentioned that they prefer their private lifestyle.

They paid people off.....but no Form, update or official announcement was made concerning the merger.....except the Court Sanction we heard about.

Anyway, try and hold your broker for updates and try contact PROVIDUS directly on what the fate of those not yet paid-off is.
They should have investor relations email.

emmasoft:
The Other Face of the Market

To the newbies, don't be scared, the current face of the market is also part of the game. Everything is in order.
Whether you recently started your stock investment journey or are exploring equity or balanced funds, be calm.

Whichever level you are in the market, it is important to understand that the current market situation is normal. Market cycles have always existed; markets move upward or downward over time.

For discerning investors, a bearish/down market presents an opportunity. By applying a naira cost averaging strategy, this is a good time to accumulate fundamentally sound, dividend-paying stocks in tranches. In simple terms, continue buying during market dips. This approach helps reduce risk and positions you for gains when the market rebounds.

When the market eventually recovers, you will benefit not only from capital appreciation but also from dividends earned while holding these investments. Note that a down market doesn't stop dividends from a fundamentally sound company.

Always remember that price movements in the market are influenced by many factors, and a stock’s price does not necessarily reflect its true value.

According to the popular saying by the living legend Warren Buffett, " Be greedy when others are fearful and be fearful when others are greedy"

Invest wisely, follow your investment objective, not the fears, noise, or hype.

Be greedy be greedy
Na so una drown Peterichy

Agbalowomeri:
Be greedy be greedy
Na so una drown Peterichy

Na Peterichy drown himself.....
Hunter become hunted, lol 😁

Meanwhile, I know say you're happy with events in the market.......but guess what?
Your preferred stocks are holding up 😁
Also, Q2 results are around the corner.....

He is trapped in OANDO and JAPAUL

Agbalowomeri:
Be greedy be greedy
Na so una drown Peterichy

yMcy56:
Na Peterichy drown himself.....
Hunter become hunted, lol 😁

Meanwhile, I know say you're happy with events in the market.......but guess what?
Your preferred stocks are holding up 😁

Happy ke? When ASI reach 100k I go happy

But Frontier market entry is around the corner sha. Make the effect never show till next year

Agbalowomeri:
Happy ke? When ASI reach 100k I go happy

But Frontier market entry is around the corner sha. Make the effect never show till next year

You wish!
ASI wey APC go take campaign for 2027 election.....
They may do anything to continue keeping it up 😁

Thanks for the reminder of the Frontier Market too....
I think it's September or thereabout......so market may still go up..

Apparently Cadoso didn't get that circular
🤣

yMcy56:
You wish!
ASI wey APC go take campaign for 2027 election.....
They may do anything to continue keeping it up 😁

Thanks for the reminder of the Frontier Market too....
I think it's September or thereabout......so market may still go up..

Agbalowomeri:
Be greedy be greedy
Na so una drown Peterichy

For where, Peterichy dey follow his investment objective o no body get hand for he matter
Never mind, we'll all be fine last last No be today we dey see this kin thing in the market.

Eku market!

Aradel"s BM is Friday.

yMcy56:
I think it's Dangote Refinery that's responsible for the downturn in the Market....
People pulling money out to participate...

Even though someone like me is not needed there, but I can't even participate in the IPO if chanced...😊

Factor in right issues too.

Honestly what's the point of all these? should one subscribe to view the companies you mark as XXXXXXXX? Lol

yok:
QUICK RECAP OF MARKET CLOSE 16 JUNE 2026 (Report Extract)- TARGET TECHNICAL

WHAT THE MARKET DID
The stock market fell 0.53% on Tuesday, 16 June 2026. More people sold shares than bought them.

But underneath, big investors were quietly busy. The number of shares traded fell 6%, but the total cash value of trades jumped 17%. That tells us that small traders were scared, while large funds were moving billions of Naira into specific stocks.

WHAT BIG INVESTORS WERE DOING
Buying pressure was strong in stocks like CONOIL and PRESTIGE. Buyers swept up every share available.

===================================

Comparative Summary (16 Jun 2026 vs 15 Jun 2026)
​Details 16 JUN 2026 15 JUN 2026 %CHNG
AllShare In 241984.80 243271.57 -0.53%
Mkt Cap (T) 155.20 156.10 -0.58%
VOL (M) 535.40 569.09 -5.92%
Value (B) 36.74 31.40 +17.01%
Deals 55041 77560 -29.03%
Gainers 19 20 -5.00%
Losers 37 47 -21.28%
YR Gain 55.50% 56.33% -1.47%
Mnth Gain -3.29% -2.77% +18.77%
Wk Gain -1.03% -0.50% +106.00%
Mkt brdth 0.51 0.43 +18.60%
Brent USD 79.74 83.17 -4.12%
Naira NAFEX 1359.33 1357.56 +0.13%
MPR% 26.50% 26.50% +0.00%
​Market Liquidity showed an institutional volume/value divergence as total volume declined by 5.92% while turnover value expanded significantly by 17.01%, indicating high-value block positioning amidst a broader market selloff. Market breadth remains structurally negative at 0.51x despite improving from the previous session, confirming that systemic supply continues to dominate equity floors. With aggregate volume printing at 535.40 million shares, the market remains above the 400M threshold, validating an active Day 2 Bearish Cycle under Taylor's 3-Day Rhythm. The benchmark index contraction was highly systemic across major domestic sectors, with local currency depreciation to 1,359.33 NAFEX further compounding foreign portfolio caution.
===========================
Selling pressure dominated in stocks like XXXX and XXXX. Sellers overwhelmed buyers.

A large block trade of XXXX shares was done at a price above the market. That suggests big money sees that stock as a long-term bargain.

The overall market is below its short-term average, which is a warning sign. It means you should not buy random stocks now. Only buy companies that are showing real strength.

Computer models predict the market has a 43% chance of going up today and a 57% chance of going down. So we are in a short-term downward cycle. Patience is key.

WHICH STOCKS ARE STRONG
XXXX and XXXX are showing good momentum and are ignoring the market's weakness.

XXXX scored perfectly on all technical checks. Big money is actively buying it.

Some major banks like XXXX, XXXX, and XXXX are trading below what they are really worth. They are on sale for patient investors.

STOCKS TO AVOID

Avoid XXXX, XXXX, XXXX, XXXX, XXXX for now.

WHAT TO EXPECT TODAY
The market is likely to be sideways to slightly lower. The main index closed below its short-term average, which puts a brake on buying.

Oil prices have dropped to near 80 dollars per barrel, which may reduce the attraction of the Nigeria market to FDIs.

Expect some early selling pressure, especially in banking stocks, but the market may stabilise later in the session as big investors step in.

BOTTOM LINE
The market is cooling off. Oil prices are down, and banks are under pressure. But big money is not leaving the market – it is just moving from banks into industrial stocks, oil companies, and selected banks like XXXX.

WHAT YOU SHOULD DO
Do not panic sell your strong shares. Avoid weak stocks where big investors are dumping. Consider adding to high-quality stocks like XXXX and the discounted banks while they are on sale.

Keep your position sizes smaller than usual until the market shows a clear recovery signal. Stay patient and focused on strong individual companies.

We can plan with the above for the market today:

Institutional buys: XXXX, XXXX, XXXX

Institutional Selling: XXXX, XXXX

Trend/Sector Picks: XXXX, XXXX, XXXX

Speculative Stock Picks: XXXX

Avoid: XXXX, XXXX, XXXX, XXXX, XXXX

Full Bid Candidates: XXXX

Shalom428:
Targeting NAHCO at ₦80 and Custodian at ₦50, with a willingness to wait until November for potential entry opportunities.

The guys / institution actively mopping up NASCON - Well Done!

Follow the Money

and I thought I wasn't being generous with my target entry price of 100

Oil PRICES started RISING moments ago because TRUMP isn't SURE Iran will AGREE to the DEAL based on the OUTCOME of the G7 meeting CURRENTLY taking place

TRUMP now said if IRAN don't AGREE to their DEAL then they will start another ROUND of NEGOTIATIONS.

Meanwhile we added More UNITS to our JACKPOT STOCK OANDO @t circa #46.


BARGAIN HUNTERS TAKE NOTE

Market bad sotey even the news of UCAP buying 5% stake in NGX can not even discourage the shares from digging for crude oil.

The night may be longer than we are expecting o.