₦airaland Forum

bigjay01:
@Mcy56 as trading engine is down, we need live updates abeg

Coolcash1:
Na lie. We no go gree o. We no go gree. Wasn’t the platform down almost 90% of the trading time?
Make I deal with Oscar

Mcy56:
Oga mi Aremso sighted.
Your Jim didnt pass or fail. Still closed .......... N22.

ukay2:
Correct man.....you be real Marlian Sir..

....but make your T-shirt no tear oooo

Loooooool

Agbalowomeri:
NSE don spoil charti o

Agbalowomeri:
NSE don spoil charti o

sellydion:
Tell us more nao !

Mcy56:
Boss, sorry, I don waka as itrade no gree work.
Nna777 has done justice to it.

Final closing
Access finally closed at 10.35.........up with 25k.........very interesting.
Wapco 17.20...........up with 40kobo............let that person that said Nsempas are the ones influencing prices come out and talk again.
It's a clear indication now that some other houses and analysts are seeing what my Nsempa bosses are seeing in Wapco too. It's going up.
UBA .....8.65.............down with 10k.....................still a stock to be .......................in my opinion.
Unilever 19.45................up with 1.45
Transcorp 1.08............up with 5kobo
Oando 3.86............up with 16k
MTN 127.....................down with 1.2
GTB...........down with 10k
FCMB N2.....................up with 5k
Fidelity 2.3..............up with 10k
Dangcem 174.90..............up with 2.1
Cap 27.5 ........up with 2.5
Buacem 37.8 ...............up with 80k

Quite a lot of UPs.

Mcy56:
Boss, sorry, I don waka as itrade no gree work.
Nna777 has done justice to it.

Final closing
Access finally closed at 10.35.........up with 25k.........very interesting.
Wapco 17.20...........up with 40kobo............let that person that said Nsempas are the ones influencing prices come out and talk again.
It's a clear indication now that some other houses and analysts are seeing what my Nsempa bosses are seeing in Wapco too. It's going up.
UBA .....8.65.............down with 10k.....................still a stock to be .......................in my opinion.
Unilever 19.45................up with 1.45
Transcorp 1.08............up with 5kobo
Oando 3.86............up with 16k
MTN 127.....................down with 1.2
GTB...........down with 10k
FCMB N2.....................up with 5k
Fidelity 2.3..............up with 10k
Dangcem 174.90..............up with 2.1
Cap 27.5 ........up with 2.5
Buacem 37.8 ...............up with 80k

Quite a lot of UPs.

Coolcash1:
Na lie. We no go gree o. We no go gree. Wasn’t the platform down almost 90% of the trading time?

Make I deal with Oscar

moneymanager:
Hello Sirs
I am a newbie here
Pls where can I know the total dividends for the last five years for companies like GTB and Zenith
Thanks Bosses

dipoolowoo:
Brent Falls to $62 as Coronavirus Outbreak Affects Demand
https://businesspost.ng/economy/brent-falls-to-62-as-coronavirus-outbreak-affects-demand/

Investors Stake N626bn on N155bn FGN Bonds, Rates Drop
https://businesspost.ng/economy/investors-stake-n626bn-on-n155bn-fgn-bonds-rates-drop/

Naira Remains Stable Against Dollar at Parallel, Interbank Markets
https://businesspost.ng/economy/naira-appreciates-against-dollar-at-parallel-bdc-markets/

Prices Remain Flat at NASD Exchange's Midweek Sesstion
https://businesspost.ng/economy/nasd-exchange-closes-flat-at-midweek-trading-sesstion/

Brent Sheds Over 2% as Oil Market Faces Oversupply
https://businesspost.ng/economy/brent-sheds-over-2-as-oil-market-faces-oversupply/

Teenagers Offer Solution to Nigeria's Agric Value Chain at InterswitchSPAK 2.0
https://businesspost.ng/education/teenagers-offer-solution-to-nigerias-agric-value-chain-at-interswitchspak-2-0/

moneymanager:
Hello Sirs
I am a newbie here
Pls where can I know the total dividends for the last five years for companies like GTB and Zenith
Thanks Bosses

PuristForest:
Anyone has any takes on Champion Breweries?

PuristForest:
Anyone has any takes on Champion Breweries?

RabbiDoracle:
Newbies being offered monkey by broker.

Brokers go do una strong thing.

Coolcash1:
Over 1m units tied down in caverton since last year...( very unusual of me )

Any prospects on the stock or I should sell and re-invest in Wapco...

Please I need advice abeg....

aremso:
Brokers go do them shege

maishai:
Oga Dipo, any beer parlor gist from the Dangote Egm held yesterday......,all dos giving vote of thanks no concern me......Finally, did Aliko himself show his face

PuristForest:
From a purely technical point of view, it has the potential to return >200% before Q3'20. Very far from being a newbie, im only asking for the market potentials.

Chibuking81:
https://businesspost.ng/economy/dangote-cement-shareholders-eye-more-dividends-from-share-repo/
By Dipo Olowookere

The share buy-back programme proposed by the board of Dangote Cement Plc has been approved by shareholders of the company. The scheme was authorised at an Extraordinary General Meeting (EGM) held in Lagos on Wednesday.

The board is planning to repurchase shares of the cement firm at the stock market. About 10 percent or 1.7 billion units of the company’s entire 17.04 billion issued and fully paid-up ordinary shares of 50 kobo each are to be mopped up from the market using funds from retained earnings of over N700 billion as at the third quarter of 2019.

According to the scheme, these equities will be bought back within 12 months and no director of the company would be allowed to participate, while the purchase price will be at the discretion of the board.

At the meeting yesterday, some shareholders of Dangote Cement commended the board for this initiative, saying it will enhance the share value and juicier returns on investment.

President of Authentic Nigerian Shareholders Association, Mr Mohammed Audu, expressed hope that the money realized from the ‘share buy-back’ by the shareholders will be used for investment purposes.

“The share buy-back will ensure that the value of our share will go up and we are also sure of getting better dividends. So, as you can see, all the shareholders here today voted unanimously in support of the motion. We voted for it and also thank Aliko Dangote for making us richer,” Mr Audu said.

on his part, National Coordinator Emeritus of the Independent Shareholders Association of Nigeria, Sir Sunny Nwosu, said, “As shareholders, we have been clamouring for share buy-back for so many years and today, Aliko Dangote has given us hope.”

According to him, the repurchase of share shares from the stock market “is very good as against the practice of share deconstruction that is being practiced by some Nigerian companies which never gives back anything positive to the shareholders.”

“We are indeed very happy with this (share buy-back) and we are also quite sure that with this that you have done today, you have proved yourself to be the best chairman of all the corporate companies in Nigeria,” he said, emphasising that, “We know that this arrangement will lead to share price increase and more dividends for the shareholders.”

From the last bolded statement it shows that Alh the chairman was there physical. But whether he was there or not, everything there went according to his script.

bigjay01:
NSE is back online

HW sold another 4m & 13m shares on 22/01/2020

118m+ and counting

http://www.nse.com.ng/Financial_NewsDocs/28627_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf
http://www.nse.com.ng/Financial_NewsDocs/28634_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf

this is what we know so far