BullBearMkt:

Billionaire fundamentalists uses the help of chartists on the day they want to enter and exit the market (using VWAP)

Meshpips' VWAP. Lol.
Does it means TA is more important boss?

locodemy:
While we are set to enjoy,let's bear in mind that chibuking's bonanza is real.

He only miscalculated it.

We must give alert when bonanza is sighted.one thing is it is sighted in the midst of bull.Very painful to ask one to climb down when he is enjoying and about to release...........


Runs.... Away

Which kain tin be dis. Where is Veecovee

I like what I'm seeing.
Gt at 22

GTB arrived KM 22.
Zee lifting body small small.

Think this has to do with the expectation of interim dividend.

Fidelity: 31M bids vs. 4.8M offers
FCMB: did 1.81 already....

UBA, Fbnh, Access.....lifting body small small

Mcy56:

Meshpips' VWAP. Lol.
Does it means TA is more important boss?

Meshpips own is VAP if I remember correctly.

I think both have their place and equally important

Mcy56:
GTB arrived KM 22.
Zee lifting body small small.

Think this has to do with the expectation of interim dividend.

Fidelity: 31M bids vs. 4.8M offers
FCMB: did 1.81 already....

UBA, Fbnh, Access.....lifting body small small

When you start seeing this format you know it's a bullish day.

S007:
When you start seeing this format you know it's a bullish day.

Lol.
Market looking up.
People should trade with caution cos there might likely be lots of ups and downs around this time.
Mr. Market dealing with each stock as they bring it.........meaning, Mr. market responding to each stock according to their results. It's my opinion pls. Lol.

PEPSICo APPOINTS Mr SEGUN AGBAJA AS BOARD MEMBER.

PepsiCo, Inc. has announced that its Board of Directors has elected Segun Agbaje, Managing Director and Chief Executive Officer of Guaranty Trust Bank Plc, as an independent member of its Board.

In a statement Wednesday, PepsiCo said Agbaje, 56, will join the Board and the Audit Committee effective July 15, 2020.

“I am delighted to welcome Segun to the PepsiCo Board,” said PepsiCo Chairman and CEO, Ramon Laguarta.

“Segun is a well-respected and proven business leader with a deep understanding of complex businesses and fast-growing markets, particularly Sub-Saharan Africa where we recently acquired Pioneer Foods as part of our strategy to expand in the region. His experience in business transformation and passion for delivering consumer value will serve PepsiCo well as we continue our journey to be the global leader in convenient foods and beverages by winning with purpose,” Laguarta said.

“We look forward to Segun joining the PepsiCo Board and to the valued global perspective he will add to our team,” said Daniel Vasella, chair of the Board’s Nominating and Corporate Governance Committee.

Vasella further said, “His knowledge and experience of embracing and scaling new technologies and critical capabilities will be valuable as we continue to invest in opportunities that create shareholder value and deliver long-term sustainable growth.”
Prior to becoming Managing Director and Chief Executive Officer of Guaranty Trust Bank plc in 2011, Agbaje, 56, held several positions at the bank after joining in 1991, including Executive Director and most recently Deputy Managing Director from 2002 to 2011.

Previously, Agbaje served as an auditor for Ernst & Young LLP in the United States from 1988 to 1990.

Agbaje also currently serves as a director of MasterCard Advisory Board Middle East and Africa. He holds a Bachelor of Science in Accounting and a Masters in Business Administration from the University of San Francisco.

https://www.thisdaylive.com/index.php/2020/07/08/pepsico-appoints-segun-agbaje-as-board-member/

locodemy:
...

Runs.... Away

Abeg wetin dey pursue you.

Chaiii! Conscience strong oo

S007:
Meshpips own is VAP if I remember correctly.

I think both have their place and equally important

Okay. Thanks.

S007:


Meshpips own is VAP if I remember correctly.

I think both have their place and equally important

Yes the market and the investors need both for equilibrium and normal circle, that is what makes market and investing in stocks an interesting thing.
Some investors leaning towards TA while some towards fundamentals but both are needed. TA for entry and exit especially for traders

veecovee:

Abeg wetin dey pursue you

Who will succeed Mr Segun Agbaje as GTBANK next GMD?

https://www.operanewsapp.com/ng/en/share/detail?news_id=3017302fbdd0dab929d805326de9f96a&news_entry_id=840bf6d200707en_ng&open_type=transcoded&request_id=NEWS_BAR_8389c9dd-f988-40a8-afef-01fec1474461&from=news

Efficient entity... wonderful institution.

#Hold

Krisuba:
Please had anybody received the JB bonus shares??

Not yet

Bargain hunters queued for Fidelity at sub 1.75......las las they will shift their goal posts to 1.80.....

UBA afraid to move......waiting for Access to lead the way first......

locodemy:
Eku bull o.

Still waiting for July bonanza.

Cc: chibuking

You too like wahala.

Chibuking81:

Pls I will appreciate if you can make your post without attaching any name. Thanks for your understanding.

Someone cannot come and play with you again ni?

S007:


Which kain tin be dis. Where is Veecovee

Don't mind his okuko (fowl) run

locodemy:


It's a lie o.
We must finish this work.
Attach Loco in your posts.
I no go vex

naturalflow:
all through my life,I have never seen a billionaire chartist but I have seen a few billionaire fundamentalist.

They use o. They have the resources to employ anyone and anything.

I suspect PFAs are strategically keying into MTN and some dividend-worthy banks(UGAZ+3F in view) following the NSE' recent revision and amendment to the pension index.
A little more freedom... good stead !!

#Hold

RabbiDoracle:




Someone cannot come and play with you again ni?

I told him not to vex when the thing go start.

It never even start, him don dey tear shirt to fight

S007:


Selling/buying pressure happens all the time. One of the ways dilution happens is when total units of stock is increased without corresponding increase in net profit thereby affecting the EPS. Market will eventually re-price the stock with time. There are exceptions though.

Continue quoting textbook, what I saw when trading is different,Go look At forte oil when they issued bonus shares and people rushed and sold theirs on the floor, the truth is that when they issue bonus shares,

1) the shares in the company increases

2) people rush to sell it on the floor crashing the price

3)if the company sustains the NP level as before EPS falls and MPS falls automatically and it’s get worse if NP level falls EPS falls further

So in any way I don’t like when a company issues bonus shares to its investors or does right issues( Flour mill 2018 if you don’t buy you have lost as TERP price falls) and people still rush to sell on the floor. Truth is cost of equity is expensive and isn’t tax free, whilst cost of debt is cheaper

veecovee:




I told him not to vex when the thing go start.

It never even start, him don dey tear shirt to fight

Heavy CROSS DEAL going on in MTN

BARGAIN HUNTERS TAKE NOTE!

FCMB: 1.90....

Fidelity: Bids building up.......some heavy crossings today again.

Just focusing more on the duo....and GTB, the sector leader. Don't mind me.
I want to prove Loco wrong.....that fidelity will overtake fcmb ...... lol.

onegentleguy:
I suspect PFAs are keying into MTN following the NSE' recent revision and amendment to the pension index.
A little more freedom... good stead !!

#Hold

don't you think the next support for mtn is around 111 if this one is broken

Mcy56:
FCMB: 1.90....

Fidelity: Bids building up.......some heavy crossings today again.

Just focusing more on the duo....and GTB, the sector leader. Don't mind me.

It's obvious fcmb will close at 1.95 and that will be 10% full bid.

Fidelity will close above 1.80 today and may go for full bid tomorrow.

Just focus and see things with your eyes.

onegentleguy:
I suspect PFAs are strategically keying into MTN and some dividend-worthy banks(UGAZ+3F in view) following the NSE' recent revision and amendment to the pension index.
A little more freedom... good stead !!

#Hold

PETERiCHY:
Heavy CROSS DEAL going on in MTN

BARGAIN HUNTERS TAKE NOTE!

It's alright.

Zenith is really struggling at 16.60......
Could this be skepticism?

Updated: closed at 16.65....

WHY AIICO INSURANCE IS DIVESTING...

The divestment of AIICO Insurance Plc from AIICO Pension Managers Limited is NOT driven by the company’s recapitalisation plans, the Managing Director/CEO, Babatunde Fajemirokun, has said.

Fajemirokun, in a statement in Lagos, stated that the company divested for two reasons.

He explained that the first is to unlock the value that is greater than holding the asset as a subsidiary.

The second, he said, is to deploy the capital in other assets where AIICO has a stronger competitive advantage, thereby maximising the long-term value for its stakeholders.

He said while AIICO has entered into discussions with FCMB Pensions Limited for the divestment of AIICO Pension, the proposed sale would see an uptake of AIICO’s 70 per cent stake in the company.

He further stated that the proposed transaction is subject to the approvals of the National Pension Commission (PenCom) and the Federal Competition and Consumer Protection Commission (FCCPC).

He noted that AIICO Insurance is a leading composite insurer with a record of serving its clients that dates back over 50 years.

https://thenationonlineng.net/why-aiico-insurance-is-divesting/

locodemy:
It's obvious fcmb will close at 1.95 and that will be 10% full bid.

Fidelity will close above 1.80 today and may go for full bid tomorrow.

Just focus and see things with your eyes.

FCMB closed 1.9
Fidelity: 1.80........some kobos to cover and overtake. Lol.