Ginalex:
I'm your fan here abeg. Don't leave us/get discouraged from what you do here. I kuku always look forward to your takes and it has paid me more than once

Wetin happen to Lafarge today?

longlife20:


it is too late to buy now, the price has moved over 50%. i see the price droping seriously after 31st December.

If our gamble is right, it will go higher or it will be frozen and released when market pumping starts in January.

Mcy56:
DANGCEM:
Alhaji's guys are reasoning this stock's matter.......quite some activities here........up with N5........now N205

NEM:
For the 2nd day, still waiting for 100k to move to 1.36 from 1.24.........Should we say this stock is for deep pockets?
Well, a situation where the mattress gang of Nsempas are well seated here, what do we expect?
Make you go move your stock o.

AIICO:. 1.34!
We're brazing up for Mansard......

Mansard. Thank God for this stock. The stock should hit 2.0 before 31st. Then we will wait for a rebalancing. DD advised.

dpacificheraclx:
PZ q2 2020/21 unaudited result
https://www.pzcussons.com/wp-content/uploads/2020/12/Q2-Unaudited-Financial-Results.pdf

Someone please say something about this company fa.

naturalflow:
make I plant for one of this insurance self,I be like say na there the party dey oo.#Regalinsurance?it touch rock bottom this week.

I detest the name of this stock. This was my trap training teacher.

I expect a rally in January before the market begins to look down. To all newbies looking to enter the market, it will be quite challenging to get good stocks at lower prices than last week's lows but it is possible.

So shine your eyes, set your traps and let's make some 40-50%. If stocks don't break previous week lows tomorrow or next, it's likely it will not break last week's lows this year.

I believe everyone is waiting to buy during the holiday season and together, they help move the market up. Early birds will further move the market up in January believing it is another bull rally, then we will quietly step out.

When this plays out in January by God's grace, we will discuss the next two months Feb and March.

Valueinvestor:

I wonder why some people behave as if Peter is their portfolio manager.You are solely responsible for whatever decision you make.I don't know why anyone would solely make investment decision based on tips gotten here.

It is not out of place to make decisions based on info gotten here. Severally, I have profited from some good hearted fellows' posts here. I came the other day thanking Yayi. As a newbie a little panic can be seen in the wrong perspective. That's why his alarms are deemed as with ill intentions.

I keep saying this," some Nigerians don't deserve a better government because their individual actions when put in a large scale may just be worse than the present situation Nigeria is."

Knowing that we were all newbies at one point in time or the other, a little help or honest post is the least one expects from mature individuals.

locodemy:
Which kind announcement be this?


Sanofi, GSK Covid vaccine to be ready late 2021
Published

could start in the second quarter of next year.

“Positive results from this study would lead to regulatory submissions in the second half of 2021, hence delaying the vaccine’s potential availability from mid-2021 to Q4 2021,” the statement said.

Watch GSK.. they will try to falsify a bull and finally leave it on the head of the gullible.

ositadiima1:




You are probably right. Attached bellow are the results. I used the smaller morgan capital sample data running from march to yesterday.

To clarify a few things,

Note: the whole thin was automated with a python script, it took me 2 hours, sha, to debug certain aspects of the code that were malfunctioning.

Great stuff but NSE is easier to play with arts not science. I have made more profits practising the art of playing NSE.
Wait, buy, wait, sell, wait, wait again, leave the market, wait and buy again.

Mcy56:
MBenefit:
26kobonup with 2k......... s something brewing here?
Regains:
20k..........bargainers picking at car park.............cross deals or panic seller?
Mansard:
Back to 2.30 after panic selling of yesterday........ qualification date approaching.....

**For info purpose**

Mansard suddenly entered my watchlist. I expect it to make some 50 to 60% short term for me.

Any newbie that did not buy at yesterday's lows should not rush to buy today. Never pursue the market.

moneymanager:
A thousand yabbis on one person. Calling him this and that. Attacking his reputation. Character assassination. Monkey hunter. Misleading and many other names.
Yet he remained professional and ignored it all and stuck to the facts. Only post about stocks

This is the definition of character

Fire on Mr Peter(100%)

Peter, we refuse to be deceived. No matter how quiet a fart is, the nose will always see it.

SMA50:
4m offer standing between FBNH and full fid has been swallowed. 33.9m bids vs 2.2m offers.

We can only observe behind Mcy56

She is a woman, stop observing from Mcy56 behind. That is the beginning of wahala...

handsomebolanle:
A time frame for the future still remains almost impossible to ascertain....

Be careful of GSK, that came by inspiration.

Transcorp is just a one kind stock. Other stocks that have level are stepping down small small, Transcorp will just run to full offer at once. Who does that?

megawealth01:
WAPCO might hit another low soon... The party is over... I announced my 98% exit sometimes last week... The market is going a bit low but not the way Peter is screaming though... Don't sell off dividend paying stocks... Do your DD

Dividend hunters will dump Wapco and DSR, just because dividend yield doesn't look attractive. But Wapco in confusion can do another 150% before dividend starts pouring in.

PETERiCHY:


Of a truth there is fire in KATANGA

Better run for your dear lives and ask question later because it's only those that are alive that will live to fight another day.

BARGAIN HUNTERS TAKE NOTE!

Lol. Stop this. Panic is unfair. Newbie, don't listen to Peter. If u are in dividend paying stock, just relax, your money no go lost. Except u r n Wapco or DSR. Those might hit 17 and 15 respectively, most likely.

I am on the queue.

BrokerHaruna:
Access: 65 million on offer
Uba: 60 million on offer
Both act like twins fighting for who will lose the most!

Are u sure? Why then is Meritrade reporting wrong qtys...

anjilgreat:


Do nothing for now.

If you have extra funds, plan to buy more at a good entry price to reduce your average buy.

Nice one.

BrokerHaruna:
The bears will devour the market next week. The economy is in scary shape with pervasive insecurity and the near collapse of both the fiscal and monetary policies. Unarguably, the country appears to be leaderless and directionless! Nothing to cheer about.

It's not as bad as u paint it. This will only last for 4 trading days. Count. Afterwards, u will regret if u didn't enter the market.

Mcy56:

Hope you know Access will not move in isolation........once you mention Access, just know you're referring to banking sector.......
The whole thing is looking like setup......
Let's keep watching......

Dividend hunters are in the sidelines waiting to get sure 10-30%. Not from dividend anyway.

There was someone asking for how to invest 20,000 naira in the stock market. Please ask this same question tomorrow. You will get good answers.

I hope u have been saving since tho. If u have mind, buy next week. Else, continue saving.

nna777:
I read the financials of one coy 2 people have talked about here. Infact one of them said "it will soon shake the market very soon " .

Although it's not a liquid stock, the more reason to start planting now because when it starts to move, it will be on full bid for 5 days straight. I have already planted. Chooiii!!!!!!

Hint: it's financial year is different.

Just call the name. We will not crucify u if it is a wrong prediction.

Question:
1. When a company with negative retained earning is sold, what happens to the negative retained earning.

2. Is a company sold based on book value, market value or total asset value?

3. If a company is sold based on book value, will a negative equity mean the shareholders will need to pay the buying entity?

Cc: all.

Whatever GTB is creating is good for business.

Guaranty Trust Innoson Bank (GTiB).
This a grab by the ball scenario.

ebuka1997:


No reset, if it falls we buy more anyway

Heheheh. Not if you invested school fees and loan for a very sharp JIJO. Then you will start seeing 10% daily drop. 3 straight days can mess you up bro.

ositadiima1:


Please don't misunderstand me. I am not trying to take away from the good work you have been doing around here. It is just for information only something I can use as bench mark. I am actually a newbie my self as I started out this year. I have run a couple of tests on past closing prices and I average around 18 to 20% annually, but that is just on paper.

I am sorry if I irked u. Pls keep being u.

Old newbie. Or New oldbie?

Watch out for a market reset this week guys...

If u are still in the market, stay offline for about 2 weeks, so u don't panic. We want to reset the market to collect our double portion.

Thanks.

Coolcash1:
As Innoson seeks an order restraining GTB from transmuting to a Private and a Financial Holding Company until GTB pays it over N32Billion Judgement debt

...

Cornel Osigwe
Head of Corporate Communications and Affairs
IVM Innoson Group

Waiting to see how market reacts to this...

GTB has impregnated a prostitute that knows her right. What is 32B in shares (1B units).

GTB has the money to pay anyway without all this mudslinging.

Chibuking81:

The answer is yes, if you buy now, you are qualify for Zenith bank dividend, even next year before their qualification date. Remember q4 have not been concluded, it come to final on 31st December. And the quoted company have 90 days timeframe to release their result, that is up to March ending.

It will be more better if you will wait and observe the market and recession presence before entering into the market at this point in time.

Where and how have u been?

What is the outlook for 2021 from your spreadsheet?

rebekah2011:
Using the closing price of N2.34 on Friday. The current o/s of Axa mansard is 10,500,000,000. A bonus of 17 for 7 will create new shares of 25,500,000,000 making the total shares to be 36b. A reduction of shares of 4 for 1 will reduce it to 9b. The nominal value of the shares will now be N2 instead of the common 50kobo that is prevalent in the market. There are other stocks whose nominal value is not 50k, i.e MTN.

The market value of the stock at 10.5b will be = 10.5 x 2.34 = N24.57b, the market value of the stock at 36b will equally be N24.57b and when it is reduced to 9b it must also be N24.57b. At 36b, the market price will be 0.6825 and at 9b, it will be N2.73.

Bros, more details please. N2.73 before reconstruction or after.

Well whatever it is, your cash remains the same. Pre and post reconstruction.