₦airaland Forum

nosa2:
I didn't look at NB but price drop on Firstholdco wasnt bad.

In any case I am bullish on the banking sector not the whole market.

Immediately I observed the volume in Geregu, I simply waited for that huge volume in FirstHoldCo to happen today or few days time.
It's been like that for a while (Geregu and FirstHoldCo).
NB had a single transaction of more than 20m units.
I think some form of accumulation commenced today in some key stocks.

nosa2:
I have skimmed thorough the volume of some stocks and I don't see reason to be alarmed.

Firstholdco
NB etc

yMcy56:
Otedola's boys seriously defending FBNH....

** All these Trump invasion fear will still go last las....
There are rules and protocols to any country intervening in another's affairs....
While condemning genocide in it's entirety, I still don't expect any country to just barge into another just like that...
There'll must have gotten to some level of dialogue or order breakdown

** Concerning CGT, only the super rich are afraid, they want to keep collecting but not ready to sacrifice anything, they are altogether corrupt....they want to keep fleecing on the country..........
If you make huge gain, the right thing is to also pay your tax.....
All these Tax shouting upandan, they pay ridiculous ones outside the country but don't want to pay here, e no go work like that.
NGX will be fine at the end of the day.

He has been accumulating at his bargain junction for a while now. The panic in the market seem to have given him more opportunity for more accumulation while awaiting the private placement.
70% ownership of FBNH/FIRSTHOLDCO not far from Otedola.

KarlTom:
Is this percentage correct?

He still holds above 75% in GEREGU

KarlTom:
I doubt.
Aside power generation, there's little left to venture into without becoming a direct competitor of Alhaji...

Alhaji is yet to play in the banking sector.

Agbalowomeri:
I am sure that Otedola is already looking for buyer for this coy

He stated something similar in his book.

FO still accumulating FirstHoldCo from all angles.

yMcy56:
In another news, the type of bids on queue in First Bank though...

Which of the billionaires is planning to acquire more this time around?
Are they ready to move Elephant up or just on queue to cross to themselves?
Do they have some privy info?
Maybe another round of RI is approaching
We'll know as time goes on...

Private placement is around the corner.
Probably this week or next (not sure).

PuristForest:
dangsugar not out of the woods yet, two scenarios at play bullish wave 4 back to 53.4 and then to 107 or bearish lower than 31
caverton - we still think there is downside towards 6.1 region
Oando to 45 region
nascon - downside to 50 region
japaul to surpass 3660 ath
August may not be as bullish as we think ....DYOR.. no play with your money
on the bullish side, hmcall can double in price, break below 4.2 violates option
Stay ahead - https://ewnation.com/category/stock/nigeria/
Enjoy

FIRSTHOLDCO?

Raider76:
So if it is open to all what stops those major FBN shareholders who were recently made to sell their shares from buying again?

The terms and conditions will likely make it difficult for everyone to participate including the shareholders who were made to sell their holdings.
It will all get clearer soon.

Raider76:
I thought private placement is usually prearranged and involves only few investors. Is this one going to be open like an IPO?

I don't really know how they want it done but I know they will do it in such a way that shareholders will not raise questions.

Firstholdco private placement expected to commence by month end and to close by September. (Probably 30days window).
I hope the terms and conditions are favourable.

aj8:
There is nothing complex. It's just maths. Only when there is a turnaround do I recognize and accommodate the improvement. The important thing is that it's incredibly accurate. It's my simple way to identify value and book a front row seat on a stock. So far, I am not sure whether it's ever failed. I will audit it someday. Go through previous posts to understand it properly. All I can say is that it has made me money over the years. I just felt it was okay to share with others. But please do not just take my word for it. Do your due diligence always. Bargains are still there and I would gladly post them as they emerge. Aj8 Common Sense is not the only strategy but it's mine and I am proud of it by the grace of God. However please note that I still pay attention to calls my some very remarkable folks on this platform and I have often used their insight to buttress my convictions on some stocks. Ymcy, Pa Emma, Sunrisep, Megaintentional, karlTom, Street.., pluto9, Agba, current price, and many others too numerous to mention. I am immensely grateful to you all. Enjoy what you have while you can. We are as breath, once it's gone, it's gone. Happy trading.

Please can you assist with the COMMON SENSE target for FIRSTHOLDCO. I want to check something

EDUECO:
The chief Monkey Hunter will use this as excuse not to pay interim dividend.

On the other hand; Zenith,UBA, Access,GTB must definitely pay interim dividend.

You got me laughing.
Was there any news or hint of interim dividend from the Chief Monkey Hunter?

PuristForest:
we think EL will test N3 again before rally commences
https://ewnation.com/ellah-lakes-rally-may-lark-in-the-corner/

Can you take a view at FirstHoldCo?

DeRuggedProf:
You need the patience of a croc there...
My candid advice: If your position is heavy there, consider reducing to a comfortable level, use proceeds to hit NB or BUA ( don't ask me why BUA), look at it's daily RSI...
If you want to hit it big, follow Loco with the proceeds. Loco has heard something I heard. I am waiting for him to confess first...

Do you mean BUA CEMENT or BUA FOODS?

sky2891:
If the banks roll out improved Q1 2025 results, what may likely be the effect on the share prices?

UBA confirmed. We wait for others.

https://doclib.ngxgroup.com/Financial_NewsDocs/43818_FIRST_HOLDCO_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2025.pdf

60kobo

lancee:
Access .. Any News

Result expected within or before the Easter Holidays

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Access_Holdings_Plc_Potential_Delay_In_Filling_2024_AFS_.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/43746_FIRST_HOLDCO_PLC-FIRST_HOLDCO_PLC_-_NOTIFICATION_ON_PUBLICATION_OF_2024_AFS_CORPORATE_ACTIONS_APRIL_2025.pdf

AFS: On or before April 30, 2025.
Likely Q1 alongside AFS

If the banks roll out improved Q1 2025 results, what may likely be the effect on the share prices?

Agbalowomeri:
Are you expecting dividend from first bank? You can be sure that people have seen it and it's not looking good

The Rights have been listed, and I guess people who bought at N25 are taking profit.
The Unaudited and the Audited may not have much difference and if at all then it should be improved Audited.

https://doclib.ngxgroup.com/Financial_NewsDocs/43388_FBN_HOLDINGS_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_MARCH_2025.pdf

PuristForest:
https://ewnation.com/transcorp-a-good-long-term-bet/
https://ewnation.com/thomaswy-may-hit-the-brakes-soon/
https://ewnation.com/fbnh-on-verge-of-something-big/
Enjoy

PuristForest what has changed?

yMcy56:
MPC Outcome
CBN voted to hold all interest rate @27.50 across board......

https://nairametrics.com/2025/02/20/breaking-cbn-votes-to-hold-all-interest-rates-at-27-5/

MPC Decisions:

• Monetary Policy Rate(MPR) retained at 27.50%.

• Cash Reserve Ratio(CRR) retained at 50.00% for Deposit Money Banks (DMBs); and 16.00% for Merchant Banks, respectively.

• Liquidity Ratio(LR) retained at 30%.

• Asymmetric Corridor retained at +500/-100 basis points around the MPR.

The next MPC will be held on May 19 – 20, 2025

PuristForest:
This is definately not the time you want to be buying.....

You seem to have a contradictory view in FBNH, why?

EDUECO:
Work has started already in FBNH!

I can see the invisble hand in DANGCEM!!

Work has started in FBNH? Please, how?

Raider76:
Someone's quitely accumulating FBNH.

Since 30th January

Any news on FBN Holdings possible PRIVATE PLACEMENT?

Agbalowomeri:
RSI-NGSEBNK10 divergence: on the weekly and Monthly

Double top
Distribution
Enjoy

Break it down please.