₦airaland Forum

I'm watching one stock closely....

rebekah2011:
Which platform is this. I can only see 33m

meritrade ...now 191million bid

OANDO!!! 182million bid.....no single trade or offer

Parisfran:
I wonder why we can hold a losing stock for 4 years but a winning stock after 3 weeks will be doing us to sell.

I got my FCMB stock at the average cost of N 1.11 last year, when it made 100%, it took every fiber of my being for me not to sell it. We want to be value investors and read Benjamin Graham but to actually live the rules and methods is such a big challenge.

I'm an active reader of this thread and I don't comment much but I digest everything here. One of the most beautiful stories I have read here is about the guy that bought FO at N10 and sold at N200. There is no telling which stock will be my 2015 FO, but I don't even pretend to guess which of my 10 stocks will do that but I know that its only if I sit tight and follow my thought out system that I can possibly achieve that. I also know of a Company that got ACCESS bank shares for about N2 in 2006 and sold for N19 in 2007. We don't underestimate a Bear era in this forum (which is a good thing), lets not also underestimate a Bull era. The rules for both are different. If MMM could hold our attention as Nigerians for 1 yr before it finally ended, there is no telling when this mad bull of ours would end. It could be tomorrow and it could also be in 9 months.

I know the trading week might start tomorrow and throw all my analysis inside gutter, but I only live once

next FO in making is OANDO....plss your DD

FBNH!! ,they called u names when u were trading at #3,insulted you that you were too slow and lazy....but today they are bidding for you @#13.75. Sir Ihedioramma I greet u.

G.O Ihedioramma how far on FBNH...have we started the journey to the promise land?

TRANSCORP also on full bid....sir loco how far?

locodemy:
See as people lined up to grab oando.No unit remain on ground.
make una tell us wetin una dey see wey we no dey see oooo.

added some units on thursday..I believe something is cooking, let's wait and see

I believe someone has gotten some information on OandO...because every offer is been cleared,I don't think anybody will be buying a stock on technical suspension with out any info attached to it.DD

Mpeace:
Una dey see oando? e go soon enter full bid oh

just bought some units

guys watch out for OANDO ooooo

Zenith bank on bid

DF on full bid...#14.04

Transcorp...wat is really going on?

I don't really understand dis TRANSCORP, full offer on Friday and full bid today

ihedioramma:
Please we don't understand this 9 and 16 ?

I think this is the basis for allotment. Let's say I have 1000 units, it will be 1000 ÷ 16=62.5, 62.5×9=562.5...so I will be allotted 562units to buy.

Pls wat are the prices of FBNH and Transcorp

I can't view market with meritrade

DOLLARTEX:
fbnh hits 9naira,chai

the once rejected stone @#3

Who rem dis?

FBNH on full bid

DF on full bid

FBNH crossing #7.50 and DF #11

FBNH just bought some dis morning @7.14 ,Pa Ihedioramma how far?

I don't think discussing peoples purchase on a particular stock or showing evidence of sales is important here...I thought dis forum is for discussing foundermentals and technical analysis of stocks.Please lets keep it cool,after all some one bought 5 - 10 million units of FBNH @ 7.10 and we didn't hear anything. Brodas plsss let's keep personal issues as side and teach one another how to take gud positions in d stock market... GOD bless our portfolios.. ONE LUV

Pls wats the current price of FBNH

FBNH accumulation going on....who are those seriously loading?? Pa Ihedioramma are u aware ?

I remembered when I bought AP(Forte oil) #20-#25...it later came to #7,I still held on ,after some years of waiting I sold at #220....Brodas believe me all we need in OANDO is patient... OANDO will be a miracle stock.I'm in this bus fully loaded and still willing to load more after lifting of the suspension.GOD is with us.

FBNH...

Investnow2017:
A unit of Dangote Flour Mills, Dangote Noodles Limited, has sold two production lines to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m), the company said on Tuesday.

De United said it had signed an agreement with Dangote Noodles to buy plants at its Ikorodu and Calabar factories. It will also buy stock worth N383.94m, according to a report by Reuters.

The deal comes after Dangote sold a small stake in its cement business to foreign investors in a one-off stock market deal valued at N27bn.

Dangote Flour Mills, majority owned by Africa’s richest man, Aliko Dangote, had said it wanted to quit the noodles business to focus on flour and pasta production.

Nigeria’s noodle market is fiercely competitive and De United, with a market share of around 70 per cent, is seeking to consolidate the sector.

Privately-held Dangote Industries Limited, with interests in agriculture, real estate and truck assembly, bought back the flour unit it had sold to South Africa’s Tiger Brand for $1 in 2015 after it posted losses.

Shares in Dangote Flour Mills have more than doubled so far this year after rising by 276 per cent last year. The stock price was down by 3.17 per cent on Tuesday at N9.20 naira.

Dufil Prima Foods, the parent of De United Foods, is a privately held company set up over two decades ago, which has grown to become the largest pasta maker in West Africa.

De United said the transaction had been approved by both companies and the regulators.

A banking source close to the deal said that De United would continue to produce noodles under the Dangote brand for two years after the acquisition.

In July Dufil Prima Foods said it would raise N40bn in the local debt market to broaden its funding base.

Source:- http://www.exclusivepp.com.ng/dangote-sells-noodle-plants-rival-n3-75bn/

It will also buy stock worth N383.94m, according to a report by Reuters.(pls explain dis)

Mpeace:
There is nothing hidden here. They made it clear at the last conference call that they chose not to write back the 20billion and also not to declassify aitoe as none performing loan in q3 as a matter of prudence thus leaving it to the auditors to decide by year end. Pple are just gambling with the belief that the auditors might decide to declassify the loan as performing and also allow the write back. If the declassification occurs their NPL will drastically reduce. Its a gamble. I personally believe in stocks that are down and about to rise, so that I can rise with them. From all indications, the bank is likely to increase on its PAT by about 300% by year end.
Not a buy rec.

broda u have said it all...he dat have ear let him hear...

ihedioramma:
what you got in your own home work(DD) is not what i got so be a man .

pls I want 2 learn how 2 read financial reports,can I send u mail