₦airaland Forum

Nna ehhh Presco just spoil my weekend. 10%down

Mpeace:
Nna ehhh Presco just spoil my weekend. 10%down

You are not alone, Champion breweries is dealing with me despite good q2 results

Mpeace:
Nna ehhh Presco just spoil my weekend. 10%down

No be N50 you buy am?

DangRef completed private placement of $2.5B yesterday. Oversubscribed by a factor of 3.7. Abi dem go shelve IPO?😂

When will Aradel release H1 results sef? They have neither announced AGM date nor a delay of release date.

KarlTom:
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -1.11%
SEPLAT. ±

Wahala PROMAX...

Agbalowomeri:
DangRef completed private placement of $2.5B yesterday. Oversubscribed by a factor of 3.7. Abi dem go shelve IPO?😂

I tire oooooo

To hold no easy especially when it's dripping badly

Agbalowomeri:
No be N50 you buy am?

Maybe they will just proceed with a private placement. I honestly dont see how an IPO will proceed at this rate. Too bad for small change investors like us,

Agbalowomeri:
DangRef completed private placement of $2.5B yesterday. Oversubscribed by a factor of 3.7. Abi dem go shelve IPO?😂

Everyone wants to go with the winner. Alhaji is amazing. I wonder if NNPCL bought the PP. Before he said he doesn't want their money. Maybe NNPCL should now sell their 7.5% at large profit. Then they can invest the money in repairing the PH and Warri refineries and hope this time the money is not looted. 🤞

Agbalowomeri:
DangRef completed private placement of $2.5B yesterday. Oversubscribed by a factor of 3.7. Abi dem go shelve IPO?😂

They are no longer punctual in releasing results since they acquired ND Western. Perhaps the scale of the new acquisition has introduced complexity into their financial accounting.

Raider76:
When will Aradel release H1 results sef? They have neither announced AGM date nor a delay of release date.

https://www.youtube.com/watch?v=HmkzTgGypl0

Here's a summary of today's trading session on the NGX

https://podcasts.apple.com/us/podcast/greenticker-ngx-daily-market-summary-july-24-2026/id1810406988?i=1000778236668

I hope they are not affected by curse of acquisitions as Oando was. The more you acquire the more you despire.

Oasisblue:
They are no longer punctual in releasing results since they acquired ND Western. Perhaps the scale of the new acquisition has introduced complexity into their financial accounting.

This was my exact thought when the distribution timeline was announced...

Agbalowomeri:
What's is stopping the shares from outright instant distribution of all shares?

Chin up! We will bounce back

Mpeace:
Nna ehhh Presco just spoil my weekend. 10%down

Wow!
That's about 20% of the $50bn valuation (23% for $40bn valuation)...

Agbalowomeri:
DangRef completed private placement of $2.5B yesterday. Oversubscribed by a factor of 3.7. Abi dem go shelve IPO?😂

Bigdeal01:
Access Bank closed negative today. That bank should be auctioned off. Supply is way too much. A serious investor needs to mop up majority of the stock and take it away from the reach of retail before it can breath.

ACCESS didn't close negative.....
Closed @29.20, same as yesterday's price.
The dumper came dumping down to 28.50 but it went back up to close @29.20....
Went as high as N31.35
* Over 128M units exchanged hands..

From observation of the tradings today,
ACCESS was resisting the dumpers/jijoists and quite some level of defence of the share price witnessed......

* One good thing so far is the defence of the share price, unlike before, there wasn't free fall even when the offers far outweigh bids at some point.....
* All things being equal, KM 30 is the next hurdle that needs be overcome.....
Ability to successfully overcome this junction should take ACCESS to KM 35....... thereafter, "a catalyst" should see it above 40 and aiming to take back her position around UBA's......
** Peter and other Jijoists will think it's business as usual, but one of these trips will see them pursuing ACCESS just the way FBNH escaped from their hands..😊

** Observation and reporting from the village 😁
** DD advised as you're the CEO of your portfolio...

KarlTom:
Wow!
That's about 20% of the $50bn valuation (23% for $40bn valuation)...

How is that 20%

yMcy56:
ACCESS didn't close negative.....
Closed @29.20, same as yesterday's price.
The dumper came dumping down to 28.50 but it went back up to close @29.20....
Went as high as 31+

From observation of the tradings today,
ACCESS was resisting the dumpers/jijoists and quite some level of defence of the share price witnessed......

* One good thing so far is the defence of the share price, unlike before, there wasn't free fall even when the offers far outweigh bids at some point.....
* All things being equal, KM 30 is the next hurdle that needs be overcome.....
Ability to successfully overcome this junction should take ACCESS to KM 35....... thereafter, "a catalyst" should see it above 40 and aiming to take back her position around UBA's......
** Peter and other Jijoists will think it's business as usual, but one of these trips will see them pursuing ACCESS just the way FBNH escaped from their hands..😊

** Observation and reporting from the village 😁
** DD advised as you're the CEO of your portfolio...

So first bank escaped from their hands?

A factor of 3.7 gives $9.7bn ($2.5 * 3.7) ~ 19.4%

Streetinvestor2:
How is that 20%

yMcy56:
ACCESS didn't close negative.....
Closed @29.20, same as yesterday's price.
The dumper came dumping down to 28.50 but it went back up to close @29.20....
Went as high as N31.35

From observation of the tradings today,
ACCESS was resisting the dumpers/jijoists and quite some level of defence of the share price witnessed......

* One good thing so far is the defence of the share price, unlike before, there wasn't free fall even when the offers far outweigh bids at some point.....
* All things being equal, KM 30 is the next hurdle that needs be overcome.....
Ability to successfully overcome this junction should take ACCESS to KM 35....... thereafter, "a catalyst" should see it above 40 and aiming to take back her position around UBA's......
** Peter and other Jijoists will think it's business as usual, but one of these trips will see them pursuing ACCESS just the way FBNH escaped from their hands..😊

** Observation and reporting from the village 😁
** DD advised as you're the CEO of your portfolio...

On a different note.It looks all tony stocks are beginning to vex me expecially uba.It looks it is him and his family that is holding that transcorp hotel that is why he is defending it.look at yeye result from transcorp plc

Agbalowomeri:
So first bank escaped from their hands?

Na so.
They must have rushed out @66, thinking it will go back to base to reload again.....but the thing never come down again.....
They'll be wishing and praying it comes back to circa 90/100 so they can reload now.....😁

🇳🇬 Nigeria Stock Market ends the week at 44 on the Fear & Greed Index, NEUTRAL

Started the week in Fear, but sentiment recovered nicely by Friday. Bulls slowly stepping back in? Or just a temporary pause? What’s your read on this shift? 👇

more at : https://naijaticker.com/

KarlTom:
A factor of 3.7 gives $9.7bn ($2.5 * 3.7) ~ 19.4%

What does the 3.7 represent
Is it 3.7 billion or 3.7 %
I don't understand the initial French
It was over subscribed by 3.7 billion or 3.7 %

Streetinvestor2:
On a different note.It looks all tony stocks are beginning to vex me expecially uba.It looks it is him and his family that is holding that transcorp hotel that is why he is defending it.look at yeye result from transcorp plc

Patience is required.
Until someone pushed him before he'll wake up again.
TRANSPOWER is so annoying......
So also TRANSCORP.......but I'm just of the opinion that the prices will double once he wakes from his slumber.....

Streetinvestor2:
What does the 3.7 represent
Is it 3.7 billion or 3.7 %
I don't understand the initial French
It was over subscribed by 3.7 billion or 3.7 %

3.7x or 370%. I assume it is just marketing talk to show interest. The subcription doesn’t mean they actually accepted the offers.

SmartInsure:
🇳🇬 Nigeria Stock Market ends the week at 44 on the Fear & Greed Index, NEUTRAL

Started the week in Fear, but sentiment recovered nicely by Friday. Bulls slowly stepping back in? Or just a temporary pause? What’s your read on this shift? 👇

more at : https://naijaticker.com/

So what do u advise people should do when this your indicator hit green or move to deeper green. Make I learn something new

E don be na. Allibe

KarlTom:
Wow!
That's about 20% of the $50bn valuation (23% for $40bn valuation)...

Streetinvestor2:
What does the 3.7 represent
Is it 3.7 billion or 3.7 %
I don't understand the initial French
It was over subscribed by 3.7 billion or 3.7 %

They asked for 100 and got 370 and had to reject 270. They got offers amounting to 2.5 billion dollars times 3.7

deathwing:
3.7x or 370%. I assume it is just marketing talk to show interest. The subcription doesn’t mean they actually accepted the offers.

I get it now.I thought he wanted to raise just 5 billion dollars in both pp and ipo
So let him take the 5 billion straight up.Abi he has shifted the money he want to raise to 10 billion dollars or more

Streetinvestor2:
I get it now.I thought he wanted to raise just 5 billion dollars in both pp and ipo
So let him take the 5 billion straight up.Abi he has shifted the money he want to raise to 10 billion dollars or more

If he takes it straight up, how will he hold naija govt neck when needed? Who will privately value the company at ridiculous amounts until he becomes the richest man on two continents? It has to be public. The people on the streets and online have to be part of the company so they can feel part of the success story

deathwing:
If he takes it straight up, how will he hold naija govt neck when needed? Who will privately value the company at ridiculous amounts until he becomes the richest man on two continents? It has to be public. The people on the streets and online have to be part of the company so they can feel part of the success story

He still need his foot soldiers to fight for him when the need arises...lol
God dey

MORE "democracy".