Locotrader:


If you know the secret and powers behind outstanding shares, you will consider it first in your stock investments.

Check Juli outstanding shares and their shareholding structure and also check Neimeth. You will know the reason though both are loss making companies

A dead/useless company with small Os is of no value. Though it is better to have a good company with moderate os and not bloated os like transcorp plc

The guy manipulating juli na watin be the target.
Is he hoping for anyone to fall mugu and buy from him at high price.Abi juli wan come for PO therefore pumping up price so that the offer price go dey high.When they cook finish we go see the people they are cooking it for

yMcy56:
GTCO now @49.50!
ZENITH @40.45!
FBNH @38
UBA @27.70
ACCESS @23.90
The kind of funds picking these up though!

** Not any form of buy or sell advice**

Why gtbank dey fear to touch #50.00 so that my oga with dollar go begin imagine.
My oga how far with garri price hope e don dey come down

emmanuelewumi:



They are learning the hard way.


I just pity the guy who sold his land to buy dollar at N1700

His village people have finally successeded

emmanuelewumi:



That is what happens when you listen to Godisfaithful and others

The Christmas bonanza for dollar to cast to 1k by year end May happen by mid year.
Godisfaithful make someone dey check on him...e get why.He narrowly survived what stock market did to him and now this one.I will put him in prayers though he was enemy of the state,lol

Agbalowomeri:


What is the valuation of Bitcoin? Where is the GDP supporting Bitcoin valuation?

On a serious note.i think is magic for your stock exchange capitalization to be bigger than the country GDP.
I thought the capitalization of a country stock exchange is a subset of the happenings in the country macro economy


My oga come teach me Bitcoin only.It looks the thing is far better than bet naija if you get it right. The cash out dey dey loud...since I sabi get patience for investment I go fit hammer

BabsO2:


Let Oando price climb up to safegaurd the hope double fold.

A very high buy out price if it must happen which is going to be challenged by shareholders who want to benefit from the turnaround. Any buyout short of the highest PO with time value of money interest must be rejected.

Outright cancellation of the buy out. Those that want to exit can sell on NGX. Oando currently top quartile in terms of value of transactions on NGX so those that want a buy out or want to leave can still leave. While those that want to stay can enjoy the turnaround in full.

I will soon adjust my post from #20 to #50 for wale based on what sec did on pz matter

Locotrader:


https://nairametrics.com/2024/03/20/naira-strengthens-to-n1400-on-the-parallel-market-as-speculators-sell/

Abeg if the thing touch #1300.We go become our brothers keeper. We go they call forum members way be dollar gang because some of them buy above #1500.
I no wan hear say person jump from third main land bridge.

Wahala dey, PH refinery go soon begin to sell fuel.And government is projecting the country may stop importation of refined fuel by yr end.

And strong bull will soon hit nse from dollar gang

Dollar gang how market. Panic sell about to be triggered if you no believe go ask aboki for street. Dey no gree buy #1500 as of today ....wahala

sterlingD:
In another news Access bank on the acquisition beat

https://doclib.ngxgroup.com/Financial_NewsDocs/ACCESS_HOLDINGS_NGX_ANNOUNCEMENT.pdf

I am tempted to ask is there no end to Access bank appetite for acquisitions?

I thought cbn said this banks should be gearing up for recapitalisation. Whr is access getting the capital for all this acquisition if thr base has gone down because of exchange rate.
It looks this is the way top management of access is using to steal from itself. The next is to be booking losses from operations of the overseas branches

KarlTom:
PZ CUSSONS NIGERIA PLC. - ANNOUNCEMENT REGARDING DECISION TO ACQUIRE SHARES OF OTHER SHAREHOLDERS


https://doclib.ngxgroup.com/Financial_NewsDocs/NOTIFICATION_OF_SEC_RESPONSE_TO_PROJECT_THOMAS.pdf

Watin happen. That means thr could be hope for oando shareholders. Has sec changed management or Pz bribe was not large enough...naija my country .You want to pay #23 for something that is now #40 on nse

Osamabinla:



I think there may be a rate hike albeit marginal. Just my opinion.

Good to read from you.How is this hike going to really help bring down inflation. The main thing driving inflation is dollars exchange rate to naira. Even without the increasse to 20% plus for government fixed securities. It will still be overscribe .So why is the government borrowing at this high rate when it can still achieve the same at lower rate.I can't just understand this book logic they are applying for naija economy .
How do they intend to pay at maturity beside printing more naira they are trying to withdraw

maishai:


Ogami, if u Don tey for this market, these are extremely high prices, all figures on my portfolio are extremely green

Like I say, I'm locking my profits in money markets......

It took years of bear markets to get here ..........

All our fundamentalist have gone asleep

Many bought fbnh that is making rounds here circa #5( more than 800% profit)

Biko I no border my brain but I'm still in d market though I'm selling my wares not buying

It is not extreme if truely you have been in this market for long.I have seen zenith touch #70 when dollars was less than #200 , Fbn #60 etc.Then I had only 20,000 of zenith. I kept regretting not selling and making my first I million in stock market..I bought 10,000 units of fbn during PO at #33.00 which is part of my holdings till date before averaging down

BabsO2:


I am wondering too what is happening in FBNH. My suspicion is it is not about results beyond what has already been released as unaudited 2023 FY. That unaudited result indicated a book Value of N47, EPS of N 8.56 and Comprehensive Income per Share of N 20. Ideally the EPS should be repeatable year in and year out going forward with increments sef. While the Comprehensive per share suggest a mark of N12 per share from forex gains (Realized & Unrealized) at (perhaps exchange rate of +/-N850) Hence Ote$ or another major investor see's the bank as grossly undervalued and is taking his or her position and in the process bringing out the correct valuation in the market.

With this figures. Do you think fbn could surprise the market with dividend of like #3.00. Since ote is now the chairman and knows how to share the money

dapix:


And Inflation @31.7%?

Even with the rate hike.Most successful fixed rate offers has been revolving btw 19- 20 %.It is not a big deal because I once did 18% during gej government when economy was far better

yMcy56:
First Bank: Closing price 43.95!
Displaced ZEE and heading for GT
No be small thing......

GT: 45.85
FBNH: 43.95
ZEE: 38.10

* Now someone was mentioning JIJO as if it's a bad thing......
Imagine picking Elephant @27 and selling @43 in less than 2 or 3 weeks!
I wonder the type of stock that can deliver that to you in 6-12 months as a dividend.......not plenty on the Exchange 😁

The big question is what is behind fbn rise.Is it possible the result coming or manipulation by otedola and Co.I don't want to see fbn fall back to #20 plus if thr is no serious FA backing this result
I am so tempted to japa from fbn then something else Is saying wait and see result/dividend declared
BE here na #6 plus

I now have one of my portfolio for jijo.I will never sell any stock even for jijo for anything less than 20%.

ositadima1:


With ETI trading at 25.5, representing a 16% gain from the price of 22 at my call, and Guinness trading at 46, a 7% increase from 43, the short-term target of just 3 days has yielded target returns. It's not bad performance. I could easily close the trade now, having reached the 11% target (with equal weighting), though I believe they could potentially perform even better.

Nice call.Then I am wondering what will be you profit if you remove the buy and sell % on your total investment. Can you do the maths for us for someone with little cash

ProphetUtuocha:
With CBN's insistence that banks should not pay dividend from their forex gains, expect a significant pull back on the banks. Interesting times!

The people in banks are not expecting more than 50 kobo to 1 naira increament to thr last dividend paid .The price rise In banks is based on devaluation/inflation in the country.
And if it is based on dividend oando has no business above #5 . When did oando pay the last div.what is the div of geregu and transcorp plc.why did mtn recover after bad result. Nigeria equities are under valued because of devaluation of naira.How many naija equities worth up to a dollar when you check its asset value

Mankind2024:


No be Oga Agba fault ooo, Na Ichimoku strategy and Fibonachi retracement cause confusion in d midst of Elliott wave.
The confusion generated by these technical waves made Oga Agba indecisive for too long.
He believes, Zenith is going to crash to Km 17,
GTB @km 18.
From all indication, his last investment in NGX was June 2023.
The dead bone shall rise again.
Agba will deal a major blow to NGX when the index obeys Ichimoku strategy at ASI of 45,000 by 2038.
Lol

Na my oga you dey talk to like this....haba 2038

Frangel:


Note that the fx revaluation gains are largely unrealized.

.How? Didn't cbn ask them to sell down composirly this yr.The ratio is what I don't know but it was significantl and has remained a policy.I believe they should have 50% or above real gain and not paper profit

And this bank ceos are part of the government. They will never allow thr paper gains to turn to paper lose without taking action

FBN I hope your dividend go hold this high price
JB if you touch #100 na japa to another stock with the money oh .Make dividend reach #4

Gtbank will touch #60 and zenith #50 after another round of revaluation by first quarter of 2024 results.
The only problem is cbn restrictions on what the banks can do with the gains.Going forward they will be allowed to use them when naira appreciate and long time stability is achieved in forex
And some of this gains are nolonger paper gain as banks whr force to sell off a ratio of thr forex holdings

yMcy56:
Who provoked GT and ZEE towards COB?
GT closed @48.45!
ZEE closed @39.70!!

way my oga agba.Not like I believe he is not already in the market long.

BabsO2:
https://www.bloomberg.com/news/articles/2024-03-14/ngn-usd-naira-official-black-market-rates-converge-goldman-sachsI-sees-gains

Abeg make the naira start gaining quickly

Just wait and see what will happen if dollars goes down by #200.The panic sell it will trigger go be another level....na naija we dey

By December na 1k .let government close all those BDC and the banks should handle all foex transactions. The bdc guys should all go and farm to increase food productions

beejay1:
Good evening, how do I report a registrar who has refused to pay me my outstanding dividend for over 3 months after first contact? Is it CSCS or SEC?

Write them a reminder.And always
copy sec this reminders as you send to the registrar
Then make sure your reminders always have clear dates like 16/03/2024 Well spelt out.Then quote the last date on every new reminder so that sec will see how long this has been going on as you copy them.Make the reminders a weekly or two weeks interval

9free:

By December it will be below 1,200. You fit bet?

That has always been my position if you have been seeing my post.i was only responding to enemy of my country. I am expecting 1k though agencies have been projecting #1.2k.
I want to even convert the small from yrs in dom account from gtbank to invest in Tp when it pulls back to #350

Two eliminates now are in favour of naira
1 Remittances from abroad are now coming in through proper channels because the rates are converging .
2.The crude productions has been increasing gradually and government will likely seek increase for naija quota from opec back to 1.8 million barrels soon
And lastly that money laundering enabler called binance ceo will be jailed soon in US.Then naija will have a free hand to put six inches nail on the two executives in our custody and thr won't be international condemnation

Locotrader:
Deadly truth & other investors of IEI,

I am still waiting for the answer of the question I asked yesterday.

IEI will be trading at a bargain junction today.The stock is likely to touch #1.21 today.

If they still have their minority shareholders in mind, buying at the lowest price of #1.21 today shouldn't be neglected.

My worries
I learned the core investor bought the company 100% at 1.60 per share.Based on their latest report, the core investor has 50.6% of the total shares.From my findings, the core investor has applied for a mandatory takeover bid of the remaining 49.4% which belongs to the minority shareholders but at what price?

Whichever way, the stock at #1.21 down to #1.00 is a win win and I will be entering the stock at it's 10% loss today.

Still expecting your views/opinions on this matter.

It was part of my school fees those days.it was later reconstructed to 5 for 1 .Then news later came that new investors was going to buy us out at #1.60 I think since 2 or 3 yrs now.No one paid us after that.The next the stock resumes trading this yr.So we don't know the position of past arrangement/agreements reached.

Ballzproblemm:
stupid agenda merchant,by Dec dollar will be over #2000 your naira will keep depreciating while those with sense that invested in dollars will be smiling to the bank 😒.

inflation will erode your naira finish .

By December it will be 2,000 000.Be deceiving yourself and your fellow like minds

The Dollar gang are coming back gradually to nse.....New monikers/questions.
You are welcome and will be guided appropriately by our nice lady and madam mcy

Zagee:


Big man like you? 😏

What movement are you expecting. A stock we saw move from #300 to #3000.

chillykelly86:


I thought to refresh our memories. I also use this medium to appeal to all our Ogas who may have refrained from making inputs about stocks to please reconsider, for the sake of the innocent ones. Your inputs are invaluable.

I am guilty of some of what you wrote.The truth is i do it not believing anyone will take it to heart or personal. I see this place as faceless place whr you owe no one explanation. Therefore it should not make you feel bad not to post or share your view.Oga, nobody is paying you so you no suppose send any one massage. This is my street mentality. But if any member felt my post has made him uncomfortable... I am truly sorry.
I take all post here without any emotion or sentiments attached believing that is how my post equally should be seen.
I nodey drag land or woman with you so why I go vex with your post that I will refrain from posting....say watin happen.
The only thing I will not take is insult direct or indirect. To me,you are stupid and are you stupid means the same...nothing like polite insult