₦airaland Forum

NSE Lists Additional 745.2m Shares of May & Baker
https://businesspost.ng/2019/01/25/nse-lists-additional-745-2m-shares-of-may-baker/

Reduction of NPLs in Banking Sector Gladdens CBN
https://businesspost.ng/2019/01/25/reduction-of-npls-in-banking-sector-gladdens-cbn/

UAC Remains Mute on Cause of Fire, Says No Life Lost
https://businesspost.ng/2019/01/25/uac-remains-mute-on-cause-of-fire-says-no-life-lost/

Mcy56:
Chai! I'll be more careful henceforth.
... but I just mentioned that time that anyone interested in Nem should buy at support ni cos there was nothing that warranted that massive dumping. Dont know the angle you're coming from anyway. No single intention to cause loss for anyone please. What did I stand to gain from that?

My56,l may not kW u in person but l think UA great person with Large heart.pls whenever u see an opportunity anywhere pls spill it,it might be of help to some.
U c some of us are not actually new in NSE.l HV bn in NSE for well over a decade,as a guest in this platform for a very long,time.b4 registering recently.
Nem insurance is the one of stock l held for a very long time,chop dividend tire but sold when it was 60k so when u mentioned it l jumped in immediately at 1.88 and out at 2.54.my money in Morgan just de grow like grass.
This place is too good l must confess.l HV learnt and gained much here,sometimes your mind go just commit for some stock but someone can call your attention to it and boom
Please everyone if we see opportunity anywhere bring it on.
Is left for someone to do research/analysis b4 commiting your fund,nobody be small pikin here

Thanks for the brief how market bro?

onegentleguy:
Also coined from the link;
On the proposed N75 billion rights issue

"Management suggests that there is no more need for its initially proposed tier 1 capital raise through rights, as it believes it has sufficient retained earnings and tier 2 capital (over $250 million dollars to be drawn down by Q1’19) to consummate the deal."

This explains why the planned rights issue was postponed/cancelled.
Again, it might also be the reason for the temporal relief(of downside pressure) in the share price of ACCESS.
however, those looking to 'play the ACCESS route' now should still do so with caution.

Between, an EGM(following an order of the FHC Lagos), will now hold on TUESDAY the 5th of MARCH, 2019.
Note however that this EGM is to sanction the scheme of merger document btw the 2 entities and NOT about the proposed rights. (which has been cancelled)

NSE STOCK MARKET WEATHER REPORT FOR 25 JANUARY 2019


MSCI Nigeria portfolio as at 24 January 2019 had no change compared with that of 23 January 2019.

Bulls carried the day again with 27 gainers and 20 losers; although the advancement seems to be on the sluggish side, but the rally later in the day is a pointer that the bulls are still likely to win this Friday. Value traded is not bad, an improvement over that of yesterday.

NSE All Share loss for 2019 now 1.40%.


For Friday 25 January 2019 projection for the Nigeria All Share Index, expected High is 31030.48 Low at 30,907.84.

For our subscribers attached is our indicator showing expected reversal points, likely to be valid from now till March 2019. When prices get around these levels, depending on the price action at the point, market direction may change.

I am enjoying this market, every day we are improving on our trading systems. Now I am just concentrating on just some specific systems and I am seeing the benefit of focus.

First revelation of our merger candidate is out (information for subscribers only). We should start buying little by little, risk is small (company is still profitable with positive reserve and at good support point).


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B


1. We have trading systems which will teach you what I am doing, such that you can discover good equities on your own. I particularly recommend the “No Loss Trading System”, yes no loss, this like own Coca-Cola without Sugar (health drink for your stock investing), e-mail us for more details!!!

Mcy56:
Already modifying my posts in relation to Nem.
I no get strength to argue with anyone.

Wow! so it's because of the jijo stock question I asked you that is bringing up these serious analysis in the house?

Well, you don't need to modify your earlier post because it's a suggestion that may be beneficial to some and everyone must apply discretion before buying and selling any stock based on their trading plan.

Thanks all for the analysis on jijo stock trading. Every traders should trade based on what works best for them either short-term, medium-term or long-term and apply due diligence after beneficial suggestions here because at the end of the day, it's still you that will click either to 'buy' or 'sell'.

Thanks for all efforts.

Finally settled for Diamond; 2 year horizon

ndidigood:
Nem insurance is the one of stock l held for a very long time,chop dividend tire but sold when it was 60k so when u mentioned it l jumped in immediately at 1.88 and out at 2.54.my money in Morgan just de grow like grass.
Is left for someone to do research/analysis b4 commiting your fund,nobody be small pikin here

Thanks sister. Your post is a relieve.
Maybe Mpeace codedly bought Nem at high price, come they use teaser pass message to me.
Classmate, there's nothing to worry about cos Nem will still go up. Of course, no one will force anybody to buy, buying or selling is totally at owner's discretion.
New foreign investor that bought 30% stake at 2.95 is not stupid, they are a FUND and are in Nem for profit.
Enough said for now.

Agbalowomeri:
Finally settled for Diamond; 2 year horizon

Lol, I dey loaded for this one. The one naira incentive makes the whole thing excellent.
Its like buying at half the price.

Mcy56:
Thanks sister. Your post is a relieve.
Maybe Mpeace codedly bought Nem at high price, come they use teaser pass message to me.
Classmate, there's nothing to worry about cos Nem will still go up. Of course, no one will force anybody to buy, buying or selling is totally at owner's discretion.
New foreign investor that bought 30% stake at 2.95 is not stupid, they are a FUND and are in Nem for profit.
Enough said for now.

So you think the 'foreign investor' is there for capital appreciation? Some people go wound o

Mcy56:
Thanks sister. Your post is a relieve.
Maybe Mpeace codedly bought Nem at high price, come they use teaser pass message to me.
Classmate, there's nothing to worry about cos Nem will still go up. Of course, no one will force anybody to buy, buying or selling is totally at owner's discretion.
New foreign investor that bought 30% stake at 2.95 is not stupid, they are a FUND and are in Nem for profit.
Enough said for now.

Classmate, I dey ur back for ur next move. No leave me behind oh. I no kW why you no force me enter NEM that tym.

anjilgreat:
Wow! so it's because of the jijo stock question I asked you that is bringing up these serious analysis in the house?
Well, you don't need to modify your earlier post because it's a suggestion that may be beneficial to some and everyone must apply discretion before buying and selling any stock based on their trading plan.
Thanks all for the analysis on jijo stock trading. Every traders should trade based on what works best for them either short-term, medium-term or long-term and apply due diligence after beneficial suggestions here because at the end of the day, it's still you that will click either to 'buy' or 'sell'.

Well said Ma'am.
Thanks so much.

Agbalowomeri:
So you think the 'foreign investor' is there for capital appreciation? Some people go wound o

Even if they are not, the one wey concern me be say make Nem yield capital appreciation for me and others interested in the stock.
Shikenah!

Mcy56:
Even if they are not, the one wey concern me be say make Nem yield capital appreciation for me and others interested in the stock.
Shikenah!

My point is if dem buy am for 3 and the thing goes to 1, they don't care fa. They know where they are making their money from the company

Mpeace:
Classmate, I dey ur back for ur next move. No leave me behind oh. I no kW why you no force me enter NEM that tym.

Classmate all these pre-election trading na risk as far as I'm concerned o.
It's just that Nem's own works out, it could have gone the other way you know.

Agbalowomeri:
My point is if dem buy am for 3 and the thing goes to 1, they don't care fa. They know where they are making their money from the company

You are right sir. That's why any investment is a risk in itself. No venture no gain.
Even the diamond you entered carry its own risk too.

Mpeace:
Lol, I dey loaded for this one. The one naira incentive makes the whole thing excellent.
Its like buying at half the price.

Not exactly
I am viewing it relative to Access; it's like buying Access around 4ish

Mcy56:
You are right sir. That's why any investment is a risk in itself. No venture no gain.
Even the diamond you entered carry its own risk too.

Na Access I entered through the back door o

Agbalowomeri:
Not exactly I am viewing it relative to Access; it's like buying Access around 4ish

Our reproduction tisha don enter diamond, na indication say diamond is a good buy be that.
I hope it can still come down small. That 2.10 is a bit high to me.

Agbalowomeri:
Na Access I entered through the back door o

Lol. All join.

Una do well.

edwardaigb:
Una do well.

Lol. How your Fcmb?

Agbalowomeri:
Not exactly
I am viewing it relative to Access; it's like buying Access around 4ish

U my dear are a wise fellow !!
'A measure of relativity is the way to go'
This is exactly part of what we've been saying on touring the DIAMOND route pre merger. ...that way u use one stone to kill 2 birds.(U get to enjoy a likely cap appreciation and also indirectly join the access route)
Only difference is that u'll be joining the ACCESS route for less, unlike keying in directly now for more.
Those who could read btw the line when I 1st put up that post could've checked into DIAMOND at the slight pull back to N1.86.
Herein lies the key to what i've been saying. ...those who don't understand might think we are talking down on ACCESS.
U can NOT see where u can get more of a thing by paying for less and decide to go for less of it(qty) by paying for more !!
For as long as the terms of this deal is concerned, Mr DIAMOND is the clear winner and the best route to play pre merger !! ...until of course an equibruim is achieved in their relative price measured against their merger valuation price.(I have since dymisified this part in my previous posts)

But then again, due diligence should still remain ur 1st priority.

Regards.

Merger: Access Bank, Diamond Bank Shareholders Meet March 5
https://businesspost.ng/2019/01/25/merger-access-bank-diamond-bank-shareholders-meet-march-5/

Mcy56:
Our reproduction tisha don enter diamond, na indication say diamond is a good buy be that.
I hope it can still come down small. That 2.10 is a bit high to me.

Lol OYO

Agbalowomeri:
Lol OYO

Diamond and Access is on fire o. Agba you don bring bull come diemond.

Chai! See that 20M bid @2.20? Or 333 don reason diemond matter nih?

Mcy56:
Chai! See that 20M bid @2.20? Or 333 don reason diemond matter nih?

I dey my access long time @ 5.80, access will still cum bck to 6.

tritritri:
I dey my access long time @ 5.80, access will still cum bck to 6.

Issorite.

onegentleguy:
I do not think the bolded in ur post will hold my dear.
...the deal will most likely sail through. As we speak, it has an 88% chance of actualization !!
Now if u got a complete grasp of the content of the post above(read btw the lines), then u ought to know how the entities in this merger deal should play out with respect to each another.
As long as the terms of this deal is concerned, have this at the back of ur mind:

1) Any rise/increment in the market price of ACCESS will most probably reflect or bring about an even bigger rise in the price of DIAMOND.
Because as the price of ACCESS increases, the RELATIVE price of DIAMOND(what diamond should sell relative to access) should gap up to create the needed equilibrium in their price relation. ...by given rise to a higher pre merger discount from the N3.13 merger face value of DIAMOND.
Here the probability of occurrence is near 1.

2) Any rise/increment in the market price of DIAMOND ought to reflect or MIRROR a drop in the price of ACCESS. ...because as the price of DIAMOND increases, the RELATIVE price of ACCESS(what access should sell relative to diamond) weighed against its market price should drop. ...until in principal, the price of DIAMOND equates the merger valuation of N3.13 and creates the needed equilibrium.
Again the probability of occurrence here is also near 1.

Both cases are practical pre merger possibility.
From 1, u do not need a soothsayer to tell u that traders and investors alike will likely key into any drop in the price of DIAMOND on the back of any rise in the price of ACCESS. ...while from 2, it can be deduced that folks will also likely continue to key in MORE in DIAMOND if any rise in it does not reflect a corresponding drop in the relative price of ACCESS compared to its market price. ...or if the price of access gaps up at a higher rate than that of any increase in diamond.

So it makes sense to believe that in the short term, DIAMOND could maintain more BUY pressure while ACCESS might experience more SELL pressure.
This is why I still maintain that pre merger DIAMOND wins while ACCESS is subdued, while post merger ACCESS 'resurrects' !! ...unless of course an equibruim is achieved in their relative merger price before the deal is sealed.
It is not for nothing that ACCESS has witnessed a downside pressure(dropping from a high of near N9), while downside pressure still persist.
It is also not for nothing that DIAMOND has commanded a bullish territory while ACCESS has maintained a relatively indifferent one.

My advise: 'Be DIAMOND' in the short term, and look out to 'ACCESS ur way through' in the mid to long term !!

CAVEAT: Just a guide... not an recommendation.
Due diligence still applies.

Mcy56:
Chai! See that 20M bid @2.20? Or 333 don reason diemond matter nih?

Mcy56:
Diamond and Access is on fire o. Agba you don bring bull come diemond.

...and now Mr DIAMOND is waxing stronger(price now @ N2.27), while Mr ACCESS is droping back on its initial gains(now @ N6.20).
Those who know and understand know what they need to continue to do.
See the parts in bold from the post above.
If u know, u know !!

NOTE: NOT a recommendation. ...due diligence still applies.

Cheers.

hmm caverton...

Is the market on fire?