₦airaland Forum

Mcy56:
Diamonds bids might start reducing from tomorrow... today's volume is not up to yesterdays'. Just my opinion pls.

dipoolowoo:
Shareholders Give Condition to Approve Diamond Bank, Access Bank Merger
https://businesspost.ng/2018/12/19/shareholders-give-condition-to-approve-diamond-bank-access-bank-merger/

BullBearMkt:
...technically, the stock has reached its lowest-low and indicators are showing +ve divergence both on Monthly and Weekly. This is a good sign. Wema, could be good to go

Princkez:
who are those biding 102million units of FBNH

Godlylifeoneart:
If the proposed acquisition /merger of access + diamond scale through, then there will be an imminent dilution of access bank shares regardless of book value. IMO , there is something intrigue the public are not yet aware about this deal.
If in the affirmative, the share price of access will nosedive TO N6. +-2.5 in the coming days. Wigwe will not use his personal fortune for the acquisition the shareholders of access bank are meant to pay for it. No wonder, despite the significant PAT in 2016 to 17, the access mgx has not paid a reasonable dividends. This is what Wigwe has been eyeing.
Better to sell 50% of holdings in access and buy diamond before a technical suspension is placed on the share.
Otherwise... The dumpling effect will tell on access by February 2019 plus the imminent bonanza foretold by chibuking aka bonanza crew
Dz is strictly my opinion... Not an advised to buy or sell...
I hold 15000 units of access
Not an

austinkenneth:
In my humble opinion, there is every possibility of a deadlock.

The shareholders will go for a higher price.

Access may not want to pay the higher price given that they have already offered ~30% of book value and Access itself is trading at ~50% book value.

this deal has a 50% chance of going through. IF it doesn't go through, I expect Diamond to drop down to 80K.

austinkenneth:
The diamond deal will not fly at N3.13 because it is at huge discount to the net asset value of the company.

The shareholders know more better than that and will not approve the deal..Carlyle owns more than 17% which they purchased at about N9.00

Without their approval, the deal will be dead on arrival.

The legal battle involved will take at least a year.

Good news for some SANs.

fxuser:
oh FYE season , we shud see d usual positive volatility

arduino:
Wait for who? Santa don leave USA and is on his way to Lagos already.

fxuser:
HonyFLour
- strong close on friday
- last week was its first positive wkly close after 7 weeks
- koo easy

dipoolowoo:
Huge Sale of Zenith Bank Shares Triggers Speculations
https://businesspost.ng/2018/11/23/huge-sale-of-zenith-bank-shares-triggers-speculations/



OMA Investments Ltd Raises Stake in Ikeja Hotel to 25.89%
https://businesspost.ng/2018/11/23/oma-investments-ltd-raises-stake-in-ikeja-hotel-to-25-89/


Agusto & Co Affirms 'Bbb' Rating to C&I Leasing N600m Bond
https://businesspost.ng/2018/11/23/agusto-co-affirms-bbb-rating-to-ci-leasing-n600m-bond/

arduino:
Waiting at N5.00...
Na dem go rush us...

fxuser:
Diamond
- is d dump over ??

IrokoOluwere:
Somebody please say something

GonFreecss1:
Lower than 1.3? Lol. More like 1.725% + 4 naira to buy. 2.025% + 4 naira to sell. You are not only paying for commission though. They all have the same rates, you are not buying those stocks from Morgan or Merristem or Stanbic or United capital etc, you are buying it directly from NSE through their platform, which I suspect the charges are regulated. I don't think the rates differ or else people will be using the cheapest broker and not touch the rest, 0.1% sometimes can become a lot of money for some people.

GraceThomas4487:
You waited 100 days for Buhari, you can still wait till next month for NSE to restore their service..

BMZK:
Am i the only one experiencing issues with Morgan platform ? It keeps on disconnecting from NSE making if difficult to refresh.

Princkez:
did u notice when eva d price cums to 1.14k ,u see heavy trade....lets b watching their magic

veecovee:
Beloved people, the spirit of God ministered to me to extend my evangelism ministry here. Pls I know that it is supposed to be done in religion section, which I do there too. But the spirit want me to bring it closer to you here. Pls just accept it as daily devotional guide. I'll be posting it once a day, it's titled "HOLINESS AND RIGHTEOUSNESS, DAILY MESSAGE AND BIBLE VERSES"

agisky1975:
Is the result Good, Bad or Ugly?

BullBearMkt:
https://www.investing.com/charts/stocks-charts

BullBearMkt:
Is UCAP preparing for another scintillating Run?


Disclamer: This post is purely based on technical analysis and is the opinion of BullBearMkt. Due diligence should be carried out accordingly.