₦airaland Forum

mendes911:
GBAM!

lol i laugh in swahili

Oga Migiet / Mendes u win

let us move on

he no dey bring money

na money we find come

Agbalowomeri:
But that was confirmed long ago na Lol

migiet = mendes


the chief MACER himself

Northeastern:
Aliko only sold DF because he has higher goals to achieve. The same way Ote$ sold FO to focus on power. In Oba's case, he has a complete hold of FBN and doesn't need money to increase his stake there. He wouldn't sell HF for any reason.

He has plenty cash at the moment but no where to invest. He recently bought the smallest PF by AUM after posting a higher bid than AIg.

exactly my tot also that is why i referred to it as flagship. though i wasnt aware of the PF angle u just brought in.

i pose the scenario / question to oga bigjay so he cld look at those scenario versus his gut feeling. Also i wanted to be sure i am not being blindsided

thanks appr8, so oga bigjay we go to the next one since HF is out of it

where lies the next outsize movement oin NSE?

bigjay01:
don't know why i keep thinking it will be HF

Spiritual aka Xtal ball analysts wey una

to help why dont we ask the question " what could motivate otudeko to want to sell what looks like a flagship"

possible answer

HF is becoming a very marginal player as consolidation in d industry is throwing up a clear two major (Flour mills and Olam) who both would control about 80% of flour market while the remaining 20% would only be available for other fragment players (more than 10 of which HF is only 1)


could he need funds to consolidate his hold in some other industry or venture into new ones (like Alhaji) e.g. a consolidated hold in his bank or saw tit bits of some foray into power generation of recent

does HF has any strategic asset (like access to port for DF) that wld warrant some outsize payment from a suitor?

answer to some of this question cld help validate / or reject your gut feeling

OBAGADAFFI:
This advice is timely .

Was thinking of jumping out of DF @ 15%

why would u

Anyway i love d distortion. it allows old men like us that cant struggle for a running molue to enjoy our modest ride on NSE

Im not in for fast and furious when i can get slow and steady. i cant come and go and get injured[b][/b]

owoblow77:
NSE just keeps presenting juicy opportunities everyday. ''May we live in interesting times'' Person just dey cherry-pick tire. ''The darker the berry, the sweeter the juice''. ''Lepa's are over-rated. Orobo, with big big bootay, na hin sure pass''. My people, na Orobo times wey dey ooo.

It might even be more robolistic in d coming winter

OakPearl:
How in this bear market, Union Bank is N7.65 and UBA with a healthy interim dividend is still struggling at N6.30 remains amazing.
#WondersOfNSE

my Oga dat wonder is really given a leg up by free float

currentprice:
^
^^
update

posted 2 week ago. with the latest report GTB is selling at good discount so I don't expect the stock to sell @ 20 soon

My Oga never say never

Though I'm buying also (in bits nd fits)

but imagine a scenario during the tough winter days (after interim had been paid but b4 3rd quarter/ full-year result) that stretch from mid/late September to mid/late November and the chief confusionist (Trump) just open his mouth and utter another gibberish that set the world market on edge (just like he did few days ago that heralded current sell offs) now add d FG also compounded it with its own false move (like the Presido giving order to a supposedly independent CBN) all at the same time then dat price might not be far fetched

That person wey break UBA wall to 5.50 no get mind at all hin suppose dey bulldose d wall dey go

now he don run back. den allow anoda wall come up on d same spot with potential of oda walls even in front of it

coward

Agbalowomeri:
I dey suspect say some people don see zenith results

pluto09:
O ga o....

Oga Agba Oga Mendes una no well oooo

Na for dis bear bear una wan kill person with laughter abi

currentprice:
it normal... pullback is expected today and tomorrow. we may see further sell off by next week

Yeah pull back cos of the Saudi rhetorics yesterday

if by next week there are no factuals to support the rhetorics u can be srest assured the downward trend wld resume

735i:
I no know where you for dey hear your own own oh. This na intel from top brokers and analysis of activities in the I&E window..

ok my Oga it is well was just wondering when dis pple go sell finish so that we can have some respite

735i:
The dance may continue awhile for GTB, Dangcem & Zenith. FPI's are offloading...it's the PFA's that are supporting this oja right now.

But Oga we don dey here d bolded since over two years now and NSE don do more trillions of turnover since den

The tin na bottomless pit? he no dey finish for the FPI hands?

just wondering ooo

OBAGADAFFI:
That is probably the plan

shebi dem don offer 2.10 and dem no wan collect

they must surely collect 1.10 las las

Nigeria i hail thee

bigjay01:
If the Access-Diamond bank transaction is anything to go by, then 0% deduction is expected

Thank you chief

OBAGADAFFI:
Offloaded all my Continental Reinsurance plc this morning.

No positive news from them for now

My Oga

D u mean the mgt is not going through on the delisting / capital restructuring again

i tot SEC only told them to do another Court Ordered Meeting, that shldnt be something be that hard to acheive naaa

wld appr8 ur thot

rebekah2011:
No deduction. straight 24 going to the shareholders

Thank you Chief

rebekah2011:
No deduction. straight 24 going to the shareholders

not even CGT?

onegentleguy:
That's cool !!
Any short term fund can be suited for a quick one here. ...as long as one has done the requisite with the registrars.
It's a great play given the current state of the market.
Again, duration on ACTUAL RETURN is less and also much better when compared to that in the fixed income space. ...which makes it a sensible play.

Regards.

Hello Chief

Any idea on the tax/ statutory deductions of this N24 payout by Olam?

Harvestock01:
10% WHT

Do u mean 10% WHT on the whole N24?? Haba na wetin no be dividend naaaa?

i wld appr8 if someone can enlighten me

wld this Dangflour payment by Olam be subject to any form of tax/dedcutions??

OakPearl:
On a scale of 1 to 10, Wall Street warns that China's new trade war retaliation is an "11" in terms of severity.

With world stock markets tumbling in reaction to this war, I wonder if our market can experience the (even if mild) recovery it so desperately yearns for.

Just thinking out loud.

i doubt cos d major driver of the Nigerian Economy (oil) is already feeling d brunt as it is set to breach the $60 mark

BullBearMkt:
... 0.50kobo. free fall. lol!

not a sell advise either if you have the stock. I'm just catching some fun

Dont have any. as stated just looking at it as a speculative play in the days ahead

meaning dat if it breached 7.02 den it wld be entering into uncharted territory? rite?

robobo:
My Oga i also agree that the story coming out of Eco is not that good plus the financial is just average and not in anyway excellent

But you can be rest assured that Eco won't be far from an acquisition / takeover with the current rate of its falling because of its pan african asset / franchise. who the acquired wld be is what cant be said at present but d franchise / asset looks quite enticing and wld make it a target of acquisition if the current downward trajectory does not abate

Chief BBM wld appr8 if i am on d mailing list on this


n.b i dont own any but wld seriously consider this in d coming days for speculative play purely

Chief BBM what cld be next buststop if the 7.02 is broken?

pluto09:
Na acquisition saved diamond o.
Story coming out from ETI is not encouraging at all or is another access in the waiting to bail out this one again

My Oga i also agree that the story coming out of Eco is not that good plus the financial is just average and not in anyway excellent

But you can be rest assured that Eco won't be far from an acquisition / takeover with the current rate of its falling because of its pan african asset / franchise. who the acquired wld be is what cant be said at present but d franchise / asset looks quite enticing and wld make it a target of acquisition if the current downward trajectory does not abate

Chief BBM wld appr8 if i am on d mailing list on this


n.b i dont own any but wld seriously consider this in d coming days for speculative play purely

Agbalowomeri:
Meanwhile, the naira is strengthening strongly against the pound
Any insights?

My Oga na d pound dey fall no be d Naira dey rise

Brexit thing

Bomboclad:
Looks like someone with over 169M got tired of the wait. Why wait this long when you can cash out and move with the moving trains...FO/WAPCO/etc..

dont look further than the person asking u d question

After Alhaji na only Oga 333 get that kind volume

BullBearMkt:
FUGAZ TECHNICAL ANALYSIS...
We have seen the outlook of the "G" part of the FUGAZ yesterday. Below are my observations for the remaining:


PLAN YOUR TRADES AND TRADE YOUR PLANS

Chief Thank you

God bless you plenty for this

But as human I (i.e. we the NSEMPA house) would like to do oliver twist

we would appr8 if you help us visit the NSE request again at your own convenience

Once again thank you

Agbalowomeri:
Averaging down in a bear could be very frustrating
You will soon become exhausted
Not only that, the emotional torture of waiting endlessly for the bull which could take several months to even break even. So, instead the wise thing to do is to wait out the bear. Trust me a market that has been bearish since February last year will not just turn bullish over night. The index go siddon yakata for ground well well first.
The people who know how to study bottoms know when the first sign of a bullish breakout announce. Then you buy your stocks and you continue to top it up even as prices move up, hence the phrase 'average up.
The good thing about waiting to trade in a bullish market is that you improve your efficiency, make your profit faster and get out near market tops.

Quintessential Agba again. more of this PLEASE

BullBearMkt:
...thanks sir. I wrote some comprehensive write up of general NSE outlook on Saturday, but the system removed it. Since I don't keep my posts personally, I can't get it back. However, on FUGAZ, I will take a look & provide my opinions on them.

Ok wld expect for the other FUGAZ but its sad that the system deleted the general NSE analysis that you did

Thank you

BullBearMkt:
MY TAKE ON GTB...
...I think the current situation on NSE should gladden investors cum traders alike, as stocks are now relatively cheap to buy. Looking at today's

Oga BullBearMkt

Welcome back once again

wld appr8 if u can help with dis type of TA for other FUGAZ also and possibly the NSE in general