₦airaland Forum

sonofElElyon:
But why is FCMB not moving despite impressive results? Wema go soon catch am o. O su mi.. result is great... don't get

FCMB's Market Maker used to be the most active MM in the market before.......we don't know maybe they changed their MM self.......

Zagee:
Be like say na Insurance dey hot oh. Access Bank acquired one. Could this be there era

Insurance.......as e dey hot....

Univ insure even have Hotel self....

Which one did ACCESS acquire?

SmartMoneyGuy:
Thanks. I got the Cue from Mega. but it is now full BID

Good!

I didn't get.my own clue from anybody oo, I carry out my DD on it again.......
I've done it when it was selling at 0.20k but as the thing no gree shake body for long time, I carry face commot for am.
I even posted my DD here that time self.


* Also did for Mcnichols that time as well.

SmartMoneyGuy:
give a cue...and leave the rest for us to do DD

Universal Insure

APEL REGISTRARS SHAREHOLDERS PORTAL
* Dividend processing made easy
* One of the difficult registrars to deal with.... now has a shareholders portal whereby you can sort your dividend related issues online......

** They also operate a stock brokerage arm now.

OBAGADAFFI:
Chams Switch, a Fintech subsidiary of Chams Holdco Plc has been licensed by Union Pay International, the world’s largest card network, to spearhead international payments for UnionPay cards issued by Nigerian banks.

It was one of the news that took CHAMS to N2+ from below N1 in the first place........
It was posted here that time......this platform is loaded with info if I may say, for those who could create time to be reading....
CHAMS is a potential stock for more upside once other plans starts to manifest....


In another news:
OMATEK's board meeting to take place on 30 January to consider the Q4 unaudited fye report and to update on the business status of the company....among other things.
* Just for info purpose only*

megawealth01:
You are my kind of investor always going for quality no matter the cost

Well done sir.
You wey be say Na different different stocks you dey buy....
That oga dey follow the likes of Alhaji chop cement and oyel money

Toluway:
@Mercy56, i trust you're good and well refreshed this morning. The Lord is your strength.
Your boys are missing you anyway 😄

Lol Oga mi I dey o.
Just dey observe today....
Market not doing badly, bull still around.....just usual dull Friday.

*modified*

emmaodet:
Where can I be checking the daily, weekly and monthly chart of each stock in Nigeria and be able to use tools like moving average, support for easy entry?

Anybody wey know should pls give us the link to this.

KarlTom:
Na 38m you dey talk o...

Na chicken change to multi-billionaires nah....
You didn't see the 210M naira that moved 600k units @N350?

DANGCEM @378.......waiting for 100k single transaction to move up officially....

BUAFOODS @230.....waiting for official upward mvmt

yMcy56:
Did you forget that Rights Issues are discounted?
Besides, the allotment was 87:250 (i.e. 87 new issues for every existing 250 units).....
Going by the financials, JAIZ is undervalued at CP

JAIZ as a banking stock with good financials should not be trading below N2!

Looking at the Rights, that's around X 2.87%
invariably, Jaiz should be trading at circa N2.8 self.
Lol. Make una no miñd my quark shortcut calculations.

November 22, 2023 post.....
Wheres KayOn1 ? Remember this post on JAIZ?

* In less than 2 months, JAIZ did 💯% from N1.50!!
Currently @3.10 in market .......
* Una no go remember this one o, when there's sideways trade, make una quick jump out to throw stone....
Just painful say, even myself that posted this didn't benefit from it. ....but all is well, opportunities abound in the market.

Can remember Oga OGG also gave analysis on this stock. Kudos sir.

lancee:
Mkt don confuse ..skill don fail .
Make i enjoy the remaining small bull if any go come

Bull wey don dey market since.....

The rate at which UBA and ZENITH jump self.....
ZEE @44 as at now....,

TRANSCORP that they were dumping down to 11.63 or so, and was moving towards full offer....just reversed and is selling at 13+ as at now self....

GT @46......Up with +2
UBA @31+.......Up with +2.20

* Na all the earlier buyers don hammer for today's market

Some of the stocks are reversing yesterday's shedding.......
Fighting the bear seriously.......
Bids increasing in some as at now......

Maybe it's too early to conclude, let's see how it goes.....

Agba won't like this news 🤭


* Cadbury responding to the debt conversion to equity news.......
* UNILEVER: Bids outweigh offers.......could it be due to Cadbury positive news or some other positive news yet to be made public?

Agbalowomeri:
Make una enjoy the bull o
I am not Mr. Market
Make I go back to my Garri in the midst of my babes

You don commot for pent 🏠 🤔
Enjoy your garri in peace and allow us enjoy bull in peace too. 🤭

BullBearMkt:
NIGERIAN STOCK EXCHANGE MARKET UPDATE
There was a sell-off today, because of yesterday's negative news relating to the invitation of some banks' CEOs by the EFCC; however, the price dip has divergence with volume. This indicates that the pullback is likely to be gentle.

Some stocks are just beckoning opportunities - BUY the dip!

Compliment of the Season guys!
PLAN YOUR TRADES AND TRADE YOUR PLANS

Happy New Year Sir!
Good to read this reassuring post from the TA Expert.
More blessings.

The companies concerned have denied the rumour of arrest anyway.
I even wonder why this should be a big issue in market.

https://www.nairaland.com/7965896/md-neither-detained-nor-arrested

Agbalowomeri:
Okay

Oga Agba check your chart well.
Shey na like this Janet market suppose be?
See attached.....

I know say you don dey find your grave robber bargain, but allow us enjoy this bull some more, e dey sweet belle 😁

One thing that used to be a consolation in this type of today's scenario is that.......na locals still dominate the Market......after like one or 2 days of bear, everything go stabilize again.

I felt some big investors are just taking profit for end of financial year reporting or so.

@MrDiligence
I've been searching for the mail and will send to you as soon as I lay hands on it.

Agbalowomeri:
Na Janet remain

Well done sir.
Shey na wetin the candle talk be that
Funds still dey enter the market o.
We see how it goes in coming days..

Krisuba:
Oga u better take time oo. Respond to what heavily as if he was part of d rally!! Make him kuku sit down there oo.

Lol.
Why will Sugar join when e no follow the bull in the first place?
Na merger news we dey wait for for now......

Although NASCON was cross dealed/dumped earlier up to 55.05 or so, but it's back @59+ again.

I think we should just be watching out for bargain entry again despite the red in the market.

* So far, Over 2bn transactions had exchanged hands in each of the f.u.g.a.z (aside FBNH)
* If we say people are selling, it means people are also buying as it's dipping.....

* For instance GTCO is close to 3bn Naira in transaction as at now N2.9bn+), by my understanding, if 1.5bn was in Cross dealings as well as sales, then it means the remaining 1.5bn bought......
Make una no mind my pry School analysis of the trades....

** Those in profit and who are traders could just follow their strategies.....

** Pastor Vee, mail replied sir.

On top this red, TRANSCO HOTELS don push am enter N100........

All these volumes, could they be cross deals or sell off?

lasisi:
People in a stock with solid fundamentals will be alright - come bull come bear.

Exactly!
And those that picked at much lower prices as well.

Zagee:
Observe the coconut head stocks...

The banks are still showing resilience......
UBA inching up slowly......30.......30.70.....31......31.65...
ACCESS/ZENITH.......bids increasing......

AIICO surprisingly....

FCMB: from 10.50 to 11 now.........
GTCO @46.95 as at now...,..reversing up from 44
Wapco @39......from 37.35

* Just updates*

*More sell off mid-day*

Na wa o.
Profit takers just paralyzed the market for over 30 mins! Chai!!
Normalcy returning small small anyway in some stocks like UBA, ZENITH, ACCESS, .......

* Quite a lot of millions/billions exchanged hands within few minutes......but the buying strength is still observed in all these.....

**Updated: All close -ve again due to sell pressure**

olayinmol:
Madam Mercy thank you once more .

Thanks for being a light bearer and good source of counsel.

All thanks to the Almighty God, the God of Mercy.

Wow! FIDELITY was selling around 3.50 when that post was made, and UBA at sub 8!!
If you're still in the bus till now, Congrats!

** As for FCMB you asked:
Let's look at it this way.......

* ZEE/GT are approaching 50...
* UBA/ACCESS/FBNH @30 region...

* I think FIDELITY/FCMB too should be aiming towards 20.....*all things being equal*
The strength is still there from observation......
* This is my opinion*

Agbalowomeri:
Even your reincarnation is making post in the future Lol

3013 .....
Too much money don dey worry Peter.

ojeysky:
The kind of money entering the market no be small thing!!!

No be small thing ooo.
ZENITH still went back to full bid and closed at today's high, despite the profit taking and huge volumes in-between.

megawealth01:
Please stop referring to UNITY BANK... I always have my strategies

I still have UNITY BANK anyways... My strategies works for me ALWAYS

Alright.

megawealth01:
Goodnight OANDO...
I just left very little units from my maddest profits from OANDO
GOOD MORNING ETERNA OIL

Something is happening in that stock........from the body language.....
Whether na now e go start to dey move as you don commot self........
That's how you were impatient in UNITY too.

currentprice:
wow! uba & co 10 10% as my oga oracle will say
anyway @32 uba PE still around 2

Note; this is exactly rush hour my bedsheet was refiring to that time.
have stay away too long on the sheet self. time to wash to begin sleeping on it is closer.
Ekuu 2024 o, year to remember for long time.

make u na use the looting well o. as some has been thinking of 2nd wife

Oga CP Happy New Year!
I suppose don greet you before now, but the bull you carry come for 2024 na im distract me.

FBNH about to join the list of full bid stocks......now @28.50....
* ACCESS full bid @30.10
* ZENITH full bid @47.35
* UBA full bid @32.85
* FCMB full bid @11.70
* JAIZ full bid @2.78
UNITY full bid @2.83


DANG Stocks also shaking body......
DANGCEM Up with +N12 so far........
If not for the pending merger, Sugar and Salt for don reach around 80 or more by now....

megawealth01:
If anyone wants to buy penny stocks... This is definitely not the best of time to get in... Wait till BEARS because bears market will definitely come... No follow follow oooooo

You can never be sure of this yet......
I'm as much as the banks are still leading, other sectors go dey follow them shake body......

** Caveat: Not I'm any way saying caution should not be apply. Above is not any form of advice **

lancee:
Zee on full bid ..The way money dey enter the mkt fast fast ..could this be hot money managers ( fpi's) or pension fund or ?

ZEE just pursuing GT blindly like say e wan jump over......😁
Just waking up as the most capitalized bank on the exchange
GT: 48
ZEE: 47.35 .......full bid

Money dey where e dey oooo.......even @47.35 people still queue to buy ZEE!

UBA @32+
ACCESS @30!!
FBNH @28!!