swilo:


Mansard. Thank God for this stock. The stock should hit 2.0 before 31st. Then we will wait for a rebalancing. DD advised.

Please explain this... I loaded a lot @ below #1

nna777:
Early dividend stocks to watch out btw next week and first week in February.

Vitafoam

With financial print dropping by next week, it can only get better.

Though not a liquid stock,strong support @7 has already been broken with offers thining out. Next week will be the last chance to get below #8 if you are interested in both dividend and capital appreciation.

We're likely to see jijoists come on board soon.

Afripud

It has been bouncing btw resistance and support - 6:15 & 5:70 since Nov 24. Swing traders have been having a field day since btw that market structure.

Don't get trapped in a false breakout. If there are more lower highs than higher lows, buy in tranches but if the case is the reverse, wait for a new support.

Ucap

Similar to afripud, bouncing btw 4:40 & 4:70. Use the same principle as outlined above.

As for the penny stocks japul and ftn, nothing but the reconstructing sentiments will keep driving them up until risk is higher than reward which I think will be N1 and above. Good luck.

Thank you Sir

nna777:
Early dividend stocks to watch out btw next week and first week in February.

Vitafoam

With financial print dropping by next week, it can only get better.

Though not a liquid stock,strong support @7 has already been broken with offers thining out. Next week will be the last chance to get below #8 if you are interested in both dividend and capital appreciation.

We're likely to see jijoists come on board soon.

Afripud

It has been bouncing btw resistance and support - 6:15 & 5:70 since Nov 24. Swing traders have been having a field day since btw that market structure.

Don't get trapped in a false breakout. If there are more lower highs than higher lows, buy in tranches but if the case is the reverse, wait for a new support.

Ucap

Similar to afripud, bouncing btw 4:40 & 4:70. Use the same principle as outlined above.

As for the penny stocks japul and ftn, nothing but the reconstructing sentiments will keep driving them up until risk is higher than reward which I think will be N1 and above. Good luck.

Thank you very much.

Zenith Bank Executive Director purchases additional 1 million shares worth N23.65 million

iexclusive News Nigeria reports that Zenith Bank Nigeria Plc has notified the Nigerian Stock Exchange that Dr. Temitope Fasoranti, an Executive Director in the bank, has acquired 1,000,000 additional units of Zenith Bank shares, worth N23.65 million.

https://www.google.com/amp/s/iexclusivenews.com.ng/zenith-bank-executive-director-purchases-additional-1-million-shares-worth-n23-65-million/amp/

There must be something these guyz are seeing to make these moves and am sure this is the kinda move that’s going on in the other similar institutions in the sector.

moneymanager:
Zenith Bank Executive Director purchases additional 1 million shares worth N23.65 million

iexclusive News Nigeria reports that Zenith Bank Nigeria Plc has notified the Nigerian Stock Exchange that Dr. Temitope Fasoranti, an Executive Director in the bank, has acquired 1,000,000 additional units of Zenith Bank shares, worth N23.65 million.

https://www.google.com/amp/s/iexclusivenews.com.ng/zenith-bank-executive-director-purchases-additional-1-million-shares-worth-n23-65-million/amp/

There must be something these guyz are seeing to make these moves and am sure this is the kinda move that’s going on in the other similar institutions in the sector.

True but not an investment advise... Stocks aren't what you think always

megawealth01:
True but not an investment advise... Stocks aren't what you think always

Yea as far as I know this goes against conventional trading/investment wisdom as most withdraw funds during yuletide seasons.
Na sit down look approach extension as both news and market aren’t making sense these days. It’s sidelines for me (100%) till...

Edited:-
Awaiting the Oracle of Katanga’s prediction...

moneymanager:


Yea as far as I know this goes against conventional trading/investment wisdom as most withdraw funds during yuletide seasons.
Na sit down look approach extension as both news and market aren’t making sense these days. It’s sidelines for me (100%) till...

Well the dude has his plans... He might not have bought it for the reasons you are thinking of

megawealth01:
Please explain this... I loaded a lot @ below #1

Share Reconstruction form 4 to 1.


At that point the nominal price will be N2

OBAGADAFFI:


Share Reconstruction form 4 to 1.


At that point the nominal price will be N2

I don't get... Please explain

moneymanager:
Zenith Bank Executive Director purchases additional 1 million shares worth N23.65 million

iexclusive News Nigeria reports that Zenith Bank Nigeria Plc has notified the Nigerian Stock Exchange that Dr. Temitope Fasoranti, an Executive Director in the bank, has acquired 1,000,000 additional units of Zenith Bank shares, worth N23.65 million.

https://www.google.com/amp/s/iexclusivenews.com.ng/zenith-bank-executive-director-purchases-additional-1-million-shares-worth-n23-65-million/amp/

There must be something these guyz are seeing to make these moves and am sure this is the kinda move that’s going on in the other similar institutions in the sector.

The story should read...Zenith bank executhief director used his 2020 bonuses to aquire 1 Milion units of Zenith shares.

Leggitsam:



The story should read...Zenith bank executhief director used his 2020 bonuses to aquire 1 Milion units of Zenith shares.

Are you normal at all?

Do you know that you can be sued for libel on this senseless comment?

You better delete it now.

samguru:


Are you normal at all?

Do you know that you can be sued for libel on this senseless comment?

You better delete it now.

You are a bastard.
Idiot, if you don't know what to type, remain silent.

Leggitsam:

You are a bastard.
Idiot, if you don't know what to type, remain silent.

Just checked your profile,you joined naira land in October 2020 and your first post on this thread(NSEMPA) was all about calling an executive director of a reputable financial institution a thief.

If you are bold enough,reveal more of your identity and watch me escalate it to Zenith bank legal department for legal action.

You better be careful of what you are posting on internet,what you carelessly post today may come back in the future to hunt and destroy you.

The bad thing about internet is, it does not forget neither forgive one's mistakes

megawealth01:
The bears will definitely come but no one knows when...

since when has there been bulls anyway? Is it not this few days and for few select stocks. NSE has lost its glory and boisterity. Can no longer support many ambition. Imagine those bullish stocks they are praising now has crashed some people in recent past. So much inconsistency. Insurance recapitalisation has been shifted over and over again for the past several years till now its been one story to the other. They introduced 1kobo per value yet they still can't follow through even uptil now. That would have seen half of the lazy crooks gone, but no they succeeded in bribing their way to halt the whole process. Right now the market has thined out with very little activities

locodemy:
The problem is you hardly go on ghost mode.
If this handle fails,you move to another.
The day monkey will go to market,it will not return.Everyday is for the thief,one day is for the owner of the house.

You are too big to be warned.

Seems I'm missing something here......
Quite a lot of oldibies knows Megawealth and it seems you meet in some other forums aside this.
Megawealth01 whats your old moniker?
3 old monikers comes to mind based on the 2018 you referred to, I just don't want to mention them cos I don't have strength for argument .....should you be different from any of them.
Anyway Na Una Sabi. Mcy is neutral.

megawealth01:
This stock might surprise us... Abeg no enter oooooo I just bought very little today to test microphone

Be careful of Sunu.
Wait for green light and favourable info before you jump into it.
As it is, there's no tangible info yet...... after lifting the suspension.......except for the board meeting coming up tomorrow 21st.

swilo:
Mansard. Thank God for this stock. The stock should hit 2.0 before 31st. Then we will wait for a rebalancing. DD advised.

Good you eventually try it out.
Let's see how it goes.
E Ku Sunday o.

Chibuking81:
Well said. Q1 2021 will likely present entry opportunities because about 1 trillion will be moving to NTB, between December 31st and March.

The NTB that's still un-enticing?
No one can accurately predict market direction judging from the current look of things. Though, much better to be cautious.
For now, we keep following the direction as Mr. Market leads......

Christmas rally upon us. Grab ya share

Oil hitting high. Opec increasing output from January. Covid 19 threat rebounding despite vaccine. Someone said Nigerian economy to rebound strongly in 2021. Insecurity holding strong. Summary is heightened UNCERTAINTY.

Which way market direction from January 2021? Might be best to sit on cash

megawealth01:
Please explain this... I loaded a lot @ below #1

I've been trying to buy for past 2 days but no one want to sell...

PETERiCHY:



Last month we alert BARGAIN HUNTERS to wait patiently for XMAS bonanza that will take between DEC 21&24th.

Now they (the buy buy proponents) have pushed you into FBNH of all stocks at N7

Currently at 56m offers vs 14m bids and you are still asking what to do better cut your losses and thank me later.

Tomorrow is DEC 21st. I am so anxious to see how PETERiCHY's Xmas bonanza will play out.

I asked a Stockbroker(Friend) if I can buy into Japaul Gold at least to make Tasere change before new year.

He said,I shouldn't buy yet that the price appreciation is currently being manipulated so as to push the share price up for their right issue.

He told me to patiently wait for the 2020 audited result before jumping in as Chief Paulo is fond of using foreign alliance and partnership to bamboozle investors.

According to him,no fundamental to support the share price even at 20k.

PETERiCHY:



Last month we alert BARGAIN HUNTERS to wait patiently for XMAS bonanza that will take between DEC 21&24th.

Now they (the buy buy proponents) have pushed you into FBNH of all stocks at N7

Currently at 56m offers vs 14m bids and you are still asking what to do better cut your losses and thank me later.

Noise maker as ALWAYS

Mcy56:

Be careful of Sunu.
Wait for green light and favourable info before you jump into it.
As it is, there's no tangible info yet...... after lifting the suspension.......except for the board meeting coming up tomorrow 21st.

Thanks ma jare... Not loco wey wan use me shine... Sunu that I bought was insignificant sha... Like I said it was just very lil to test

The clouds are gathering. A new, more dangerous strain of Covid is presently ravaging United Kingdom. Many countries are banning flights to and from UK. The 2nd wave Covid is spreading fast and scaring nations. In Nigeria, governments are gradually locking down some sectors and are contemplating another serious lockdown. If that happens, it will be very bad (if not disastrous) for the Nigerian economy which is already neck-deep in recession. The bears are indeed not far off!

https://nairametrics.com/2020/12/16/unity-bank-nigeria-plc-projects-profit-of-n312-million-in-q1-2021/#respond

Surviving on the strings!

http://www.nse.com.ng/Financial_NewsDocs/32052_DANGOTE_CEMENT_PLC%20SHARE_BUYBACK_TRANCHE_1_ANNOUNCEMEN.pdf

Dangote Cement moves to commence first tranche of share its share buyback programme

Dangote share buy-back begins

samguru:
I asked a Stockbroker(Friend) if I can buy into Japaul Gold at least to make Tasere change before new year.

He said,I shouldn't buy yet that the price appreciation is currently being manipulated so as to push the share price up for their right issue.

He told me to patiently wait for the 2020 audited result before jumping in as Chief Paulo is fond of using foreign alliance and partnership to bamboozle investors.

According to him,no fundamental to support the share price even at 20k.

klas:
Dangote share buy-back begins

DANGCEM on full BID

megawealth01:
I don't get... Please explain

Share reconstruction. 4 to 1

If you have 1000units, you will get 250units after reconstruction.
1000/4= 250

Now,
The nominal price will be N2 instead of 0.50k

Calculate your risk.

1000 x N1(current price)= 1000

250 x N2(new price)= N500

samguru:
I asked a Stockbroker(Friend) if I can buy into Japaul Gold at least to make Tasere change before new year.
He said,I shouldn't buy yet that the price appreciation is currently being manipulated so as to push the share price up for their right issue.
He told me to patiently wait for the 2020 audited result before jumping in as Chief Paulo is fond of using foreign alliance and partnership to bamboozle investors.
According to him,no fundamental to support the share price even at 20k

Okay.
Seems you assist in advertising JP the more. Lol.
"Fond of using foreign investors to bamboozle investors". Hhmmm........maybe one day, the thing go become true. When? No one knows........
One thing is this: If Japau decides to manipulate, they don't need me and you........just like dangcem is currently doing....

**PS: No one should quote me, just sharing my opinion too**.