PETERiCHY:
MTNN is a GAME CHANGER

For those comparing MTNN dividend yield with other stocks,

MTN GROUP is a global BRAND that don't cook their financials like most public quoted coys do in NSE. So its like camparing APPLE with ORANGES.

like I said earlier FOREIGN INVESTORS will comfortably buy MTNN at $1 than leave their fund in other poo called stocks.

Their parent coy MTN GROUP currently trades at 10000 Rands per share which is equivalent of N250000 Naira per share.

Above all (most 90%) fund leaving other stock to take position in MTNN are for LONG TERM so they AIN'T coming back anytime soon..

And its already happening at our very own eyes .Ask yourself how many coys in NSE will be able to pay fine of N330bllion and still stand FIRM.

That's why I said if coy CEO don't sit up and make their shareholders happy. We will wake one day to discover NIGERIA STOCK MARKET (NSE) renamed MTN STOCK MARKET (MSE)

"THINGS will NEVER remain the SAME "

*ThE OcToPuS*

Bro Peter, don't you know that once any good thing enters Naija, it automatically catches the Naija bug of corruption?

Chibuking81:

Lol I haven't entered, I was busy, so didn't do much in trading today. But come to think of it. Assuming that NSE has 4 trillion before mtn listing, and now they have listed at #99. Then the same people that has stake in 4 trillion now have interest in newly listed mtn which they started buying at #99 with over 100 billion bid everyday and about 5/10 billion naira sales daily, and they chased it upto 144.85, still on bid. Naturally 4 trillion has been reduced, meaning that many companies financial strength has reduce by sharing it with mtn, with no new foreign money seem coming in or going towards other stock.

This ordinary suppose to force all the stocks to shade shape before rebalancing, things will not remain same with the listing of mtn, MM/ other stock participant can't move out their money and expect to have same financial capacities, even if they return back later not 100% will return back with them, some will stay back in mtn and be struggling to hold reasonable amount of share in mtn.

We may likely not witness massive bull as we assuming before, upon massive loss in many fundamental stock ASI still climb to 31,000+, Dancem make a move to maintain number one lead, but nothing last forever, if care is not taking mtn sooner will take over from Dancem as number one leader in NSE, unless he technically fight them.

Problem here is when will one see the bottomless bottom of the current market 52 weeks low, the bottom might not be insight this week. As some still view mtn from negative side of view, I see it as stock to grab when one see the opportunity, and to leave before q2 result if need be, because since they are looking at IPO the stock might still go higher.

Bro, how do you mean @ the bolded?
If you mean the market capitalization of the companies, remember they dont need that to run their business. It only measures the size of the company compared to others generally.
Otherwise, financial strength of a company basically refers to the working capital and every other cash accessible to the company (including retained earnings) for operating the business profitably.
So no company "shared money" with MTN please. Rather, na shareholders dey "share money" (buy and sell).

ukay2:



I have stoped using their polaris bank.....i use their zenith bank account

Ask esther their zb account....she will send it to u

Thanks boss.

Valueinvestor:


The truth is no one exactly knows when that "bottomless bottom" of a stock will show

"Don't try to time the market, because you can never find the bottom of the market "-Rakesh Jhunjuwala

And even when it gets to the so called bottom, quite a number of people will still not buy out of FEAR hoping it will get cheaper tomorrow.

" The most important thing is to keep an eagle eye on selling pressure generated on a good /sound stock " - Ashish Chugh"

New Living Translation
Ecclesiastes 11:4
If you wait for perfect conditions, you will never get anything done.


The Amplified Bible:
He who observes the wind [and waits for all conditions to be favorable] will not sow, and he who regards the clouds will not reap.


Easy-to-Read Version:
{But there are some things that you can't be sure of. You must take a chance.} If a person waits for perfect weather, then he will never plant his seeds. And if a person is afraid that every cloud will bring rain, then he will never harvest his crops.

OakPearl:


If you must take foreign loan, don't play the NSE with it.
Two options:
1. Play the NYSE
OR
2. Play Eurobond @ 9-10% coupon rates.

Baba in addition, i wld say if u a going to play NSE look at the possibility of buying FX forwards (dont know if it is open to individuals) to hedge the risk of currency volatility that u a wary of

the number 2 though is quite preferable because at cost of 4% your transaction wld only become a carry trade (of 5% net) in same currency so no currency risk

rebekah2011:
O she. Awon BIG goons leleyi. I need few millions that you do not need for now.

I am still praying to become that big boys oo, u should have asked the currency of the 5M which might be 5M Venezuela Bolivars....
Na d currency be the koko my oga.

OakPearl:


If you must take foreign loan, don't play the NSE with it.
Two options:
1. Play the NYSE
OR
2. Play Eurobond @ 9-10% coupon rates.

Number 2 option is a smarter choice.

robobo:


Baba in addition, i wld say if u a going to play NSE look at the possibility of buying FX forwards (dont know if it is open to individuals) to hedge the risk of currency volatility that u a wary of

the number 2 though is quite preferable because at cost of 4% your transaction wld only become a carry trade (of 5% net) in same currency so no currency risk

Number 2 is the best option because you end up doing what banks do at a very low risk and without stress. One can even turn it to business/hustle depending on how much funds you can get access to.

robobo:


Baba in addition, i wld say if u a going to play NSE look at the possibility of buying FX forwards (dont know if it is open to individuals) to hedge the risk of currency volatility that u a wary of

the number 2 though is quite preferable because at cost of 4% your transaction wld only become a carry trade (of 5% net) in same currency so no currency risk

Absolutely sir.

GonFreecss1:


Number 2 is the best option because you end up doing what banks do at a very low risk and without stress. One can even turn it to business/hustle depending on how much funds you can get access to.

Gbamsolutely!

OakPearl:


Bro, how do you mean @ the bolded?
If you mean the market capitalization of the companies, remember they dont need that to run their business. It only measures the size of the company compared to others generally.
Otherwise, financial strength of a company basically refers to the working capital and every other cash accessible to the company (including retained earnings) for operating the business profitably.
So no company "shared money" with MTN please. Rather, na shareholders dey "share money" (buy and sell).

I don't mean company working capital, but individual investors capital. For instance before recession and before election when foreign investors were pulling out their fund from NSE, they didn't pullout the companies working capital but their individuals capital, and that really affected the market.

MTNN now available.

mendes911:
MTNN now available.

Is it available EVERYWHERE YOU GO yet?

DeRuggedProf:


Is it available EVERYWHERE YOU GO yet?

LOL.

1.5B naira already trapped there today.

Whatever happened to N500 per share.

..

I am looking at WAPCO through the side mirror for the appointed time...

The only thing that can make the shareholders of Lafarge Africa rejoice is if only the majority shareholder is ready to buy out other shareholders. The business is in a mess.

DeRuggedProf:
I am looking at WAPCO through the side mirror for the appointed time...

Sir Peter jumped into MTNN yesterday and it stopped it's bull run today. Peterichy's factor never disappoints.

mendes911:


LOL.

1.5B naira already trapped there today.

Whatever happened to N500 per share.

Expect some trading platforms to be down today for some hours or even throughout.....
Don't ask me why....

jamace:

Bro Peter, don't you know that once any good thing enters Naija, it automatically catches the Naija bug of corruption?

First and foremost MTNN has made BILLIONS of DOLLARS in profit from Nigerians since Aug 2001 when they launched their STARTER PACK. and they areant willing to share their PROFITS with local investors.

Now that they were made to list under duress they will definitely device means to push the share price far away from the reach of local investors and their GAME PLAN is WORKING perfectly.

There's nothing that have a beginning and doesnt have an end, only the Almighty God lives forever and ever.

rebekah2011:
The only thing that can make the shareholders of Lafarge Africa rejoice is if only the majority shareholder is ready to buy out other shareholders. The business is in a mess.

something will definitely happen, when is the only question.
I am waiting for just a little more battering.
When you start seeing consistent unusual volume, 'calculated strings' of executions, know the time is nigh....

DAILY STOCK MARKET GUIDE FOR 23 MAY 2019

MSCI fired some selling shorts, bought Dangote Cement while selling some other equities.

Market likely to be shaky today.

Government should stop playing politics with MTN listing, let the shareholders decide what quantities to sell. If there is IPO other interests will get their own share.

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). This document remains the personal property of Target technical analysis (https://twitter.com/AnalysisTarget) and is not to be distributed without our authorization.

mendes911:

Sir Peter jumped into MTNN yesterday and it stopped it's bull run today. Peterichy's factor never disappoints.

Go and read my previous post. I said will monitor MTN financials for 6mths then divert all my fund in MONEY MARKET if I'm satisfied.

DeRuggedProf:


Is it available EVERYWHERE YOU GO yet?

So you EXPECT MTNN to fly from #90 straight to N500

PETERiCHY:


First and foremost MTNN has made BILLIONS of DOLLARS in profit from Nigerians since Aug 2001 when they launched their STARTER PACK. and they areant willing to share their PROFITS with local investors.

Now that they were made to list under duress they will definitely device means to push the share price far away from the reach of local investors and their GAME PLAN is WORKING perfectly.

You just said what I mean. The mentality of MTN South Africa will be different from the mentality of MTN Naija because of environmental influence.

rebekah2011:
The only thing that can make the shareholders of Lafarge Africa rejoice is if only the majority shareholder is ready to buy out other shareholders. The business is in a mess.

That's part of financials book cooking we are talking about imagine WAPCO from #115 in 2013 to #9:20 2 days.

Well BARGAIN HUNTERS should sharpening their cutlass let's start taking position from subN7:00k in anticipation of a TAKEOVER or BUYOUT.

Interestingly MTNN no liquid all of a sudden .. after over 50% increase from N99 listing price.
God dey O ! ..

PETERiCHY:


So you EXPECT MTNN to fly from #90 straight to N500

No, I expect it to use all the means of transportation....

mendes911:

Sir Peter jumped into MTNN yesterday and it stopped it's bull run today. Peterichy's factor never disappoints.

Hahahaahahahaha

chai... MTN everyPRICE you go get..... Premarket is not good for Mtn today oo

See as every other stock except zenith just clear road for mtn, e just be like say all of them they watch the film with us.
..but I thought they said retail investors no get, where are all those offers coming from?