Lion123:
I laugh when people talk about Corona Virus and Oil prices affecting Nigerian stock prices. Those things don't do jack to our stock market. Ours is an irrational market. Everything here is about one big man who can manipulate prices as he likes. Uncle Jim keeps playing everyone like a fiddle - creating unnecessary panic to depress the share price by dumping big time, then getting everyone else to follow. Then he swoops in and buys again at low prices through his proxies. Zenith's FY 2019 results are mad from what I hear, and he's just preparing himself to get things cheaply and eat N15 billion dividend.

Jim can do us a favour and dump till Zenith gets to N10. That way he will get more units and more dividends.

Please help us and tell him.

Mcy56:

It shouldnt be worst pass this ooo.
.....but the volumes exchanging hands are much today, we may see the end of this dumping soon.

For your sake, I hope this is not a "dead cat bounce" shaaa.

#DoomSayer. #Heels.

Lion123:
I laugh when people talk about Corona Virus and Oil prices affecting Nigerian stock prices. Those things don't do jack to our stock market. Ours is an irrational market. Everything here is about one big man who can manipulate prices as he likes. Uncle Jim keeps playing everyone like a fiddle - creating unnecessary panic to depress the share price by dumping big time, then getting everyone else to follow. Then he swoops in and buys again at low prices through his proxies. Zenith's FY 2019 results are mad from what I hear, and he's just preparing himself to get things cheaply and eat N15 billion dividend.

i disagree wt you, in 2015 to 2016 when oil price tank zenith did 9 before bouncing back, did the bank not make profit the？

RabbiDoracle:


Jim can do us a favour and dump till Zenith gets to N10. That way he will get more units and more dividends.

Please help us and tell him.

Zenith mad ooooohhh

aremso:


i disagree wt you, in 2015 to 2016 when oil price tank zenith did 9 before bouncing back, did the bank not make profit the？

He meant that Zenith result is very good. Re-read his MH post again.

mendes911:


He meant that Zenith result is very good. Re-read his MH post again.

my point is the area of lower crude price that he said it doesnt have impact on our nse

Agbalowomeri:


Lol e don reach 20?

Eni ori yooo ..ipade di ileee

You got response already.

Mcy56:

What he meant by my understanding is that Zenith bank's result is superb and that Jim is trying to depress the share price so he can enter cheaply.

ok Aanu gbayi！ let let him depress quick i take God beg him

Who else is seeing what is happening in Union Bank?

jamace:
Who else is seeing what is happening in Union Bank?

Pumping. Dont mind them.

Picked some Zenith units @ 18.95...
GT @ 28.90....
We hope for lower prices in days to come...
B/4 earning season...

mendes911:

These people rushing FBNH, shebi na on top this 1.65 unaudited EPS?

FBNH no dey move based on results na. If you understood sentimental analysis and herd effect well, you will enjoy trading FBNH.

ZEE expected at KLM 15 and GT @KLM 22

Why the trouble?

Willie2015:
Picked some Zenith units @ 18.95...
GT @ 28.90....
We hope for lower prices in days to come...
B/4 earning season...

Willie2015:
Picked some Zenith units @ 18.95... GT @ 28.90.... We hope for lower prices in days to come... B/4 earning season...

Pro-Active Man ! �

Jejebabaa:


Which UBA sir, was it the one i don sell since Oga Onifa sounded the alarm and started seeing divergence.

Good one buddy ..I no say u dey enjoy ur loot for Maldives ..sorry for disturbing u

Was just checking on u when the uba dumping started

Mcy56:

Pumping. Dont mind them.

I suspect that is where abnormal returns will be made this year or next. Not because of any fundamental anything but simply M&A activity. The stars seem to align there like in Diamond (2018), Dangflour (2019).

I no advise anybody to go and buy o. I no get any inside information either.

Why not submit the complain via the whistleblowing portal of NSE.

http://www.nse.com.ng/regulation/market-surveillance/x-whistle-(whistleblowing)


Thank You.

Any news about M&A, naa sell off of foreign subsidiary, I dey hear,

TLAX:


I suspect that is where abnormal returns will be made this year or next. Not because of any fundamental anything but simply M&A activity. The stars seem to align there like in Diamond (2018), Dangflour (2019).

I no advise anybody to go and buy o. I no get any inside information either.

mails4funshi:
Hello good people, how do i handle a situation where my analogue broker(CASHCRAFT) decides to sell lower than the mandated price and has refused to remit to my bank account proceed of the transaction.

I was hoping to move the fund to my Investment One account, buy a few units of UBA for dividend and possible price increase.

This transaction was done on the 24th January, 2020.

Help a brother.
cc Agbalowomeri
cc RabbiDoracle
cc Currentprice
cc Marliannvestor

You can always complain to NSE and get the balance if you are sure you gave a limit order and they didn't honor that. read your sale order mail very well. Going from the antecedents of that company as discussed here in the past I think the priority should be to get out your money they are holding onto first and then chase the difference later. By the way, you can simply transfer your CSCS account and all the shares in it to another stockbroker without having to first sell the shares. Its a seamless process.

Mcy56:

Pumping. Dont mind them.

There was a rumour on Twitter that UBN was to be acquired. Turns out UBN simply divested its UK division.

sellydion:
Any news about M&A, naa sell off of foreign subsidiary, I dey hear,

I read that one too but not what i am talking about. Just follow the story as it unfolds. History does not repeat itself but it rhymes closely.

owoblow77:

There was a rumour on Twitter that UBN was to be acquired. Turns out UBN simply divested its UK division.

You people are bringing out all the pieces of the puzzle nicely. Just continue following the story. It may make sense eventually or it may not but watch the space closely. History does not repeat but rhymes close.

jamace:
Who else is seeing what is happening in Union Bank?

Too much Insider trading on the NSE

PETERiCHY:
NSEMPA mood right now

Is this Mcy56?

Mcy56:

You're really making sense with these hints you're dropping. Thanks.
I hope you're not a 'victim' also.......cos you posted like two days ago when there was red on NSE floor that your colleagues were asking you if everything was alright.

In this case, I was lucky not to be affected. But as a trader or businessman, I will never pray for calamity to befall the market because I earn a part of my income from there. My portfolio increases in value when the market is going up.

TLAX:


You people are bringing out all the pieces of the puzzle nicely. Just continue following the story. It may make sense eventually or it may not but watch the space closely. History does not repeat but rhymes close.

Guy, I no talk 9ja o. Na UK arm o. The sale has been completed. If they wan sell the 9ja biz, I have no idea.
BUT come o, dis one wey u dey show 32, are dey selling 9ja ni?

TLAX:


You can always complain to NSE and get the balance if you are sure you gave a limit order and they didn't honor that. read your sale order mail very well. Going from the antecedents of that company as discussed here in the past I think the priority should be to get out your money they are holding onto first and then chase the difference later. By the way, you can simply transfer your CSCS account and all the shares in it to another stockbroker without having to first sell the shares. Its a seamless process.

Yes, it is seamless only if the current brokerage house is responsive & committed to the transfer. Otherwise, it could linger and frustrate the hell out you.

[quote author=sellydion post=86370970]ZEE expected at KLM 15 and GT @KLM 22

Why the trouble?

[/quot
Zenith managed to touch N=16.80...
GT also managed to touch N=26.50...
the whole year 2019..... a bearish year....
Its a tough call for their prices to reach N15 & N22...
With earnin season around the corner ..
in 3 wks time...
Mar & April are historically bullish....
Dont see 2 much deviation...
Note I buy in tranches and also sell in tranches....

bigjay01:


Yes, it is seamless only if the current brokerage house is responsive & committed to the transfer. Otherwise, it could linger and frustrate the hell out you.

Actually, for transfer of account once they sign that form it is out of their hands cos the destination stockbroker is the one who will process with CSCS. Where there delays could frustrate you is if you are detaching to or from a special account in CSCS.

PETERiCHY:


Oga jejebaaba hope you took our invaluable advice on 13th of jan this year when the OVATION was LOUDEST

I took the advice though a bit late. I sold btw 8.15 to 8.35. I wished i took the decision when Oga onifa started seeing divergence immediately.

PETERiCHY:


Oga jejebaaba hope you took our invaluable advice on 13th of jan this year when the OVATION was LOUDEST

Thanks sir for having me in mind. I took the advice though a bit late. I sold btw 8.15 to 8.35. I wished i took the decision when Oga onifa started seeing divergence immediately.