₦airaland Forum

F.u.g.a.z. doing well in market......
Transcorp: Investors renewed interest...

*UBA touched 21....... currently @20.90 again...
Zenith: up with N1+

GTB @39!
No be small thing....,

ZENITH: 34.35........Up with +80k....

kolaish:
tuale to the one and only landlady!!!

No be tuale landlady dey chop nah.....lol.

kolaish:
Secondly, remember that this same Unity bank rose to 207k some months ago before descending to 92k, based on the same story of acquisition.

Oga kolaish come and drop royalty o...and pay tithe to the pastor...

Also, there seems to be update to the merger/acquisition compared to when it was hearsay......
We should be awaiting announcement anytime....

ZENITH moving up today and has gained +70k so far.....
TRANSCORP moving gradually.....

Ginalex:
Odiegwu!! I no be mycy again. Na oga Emma I be

You don get triple promotion, oya drop your Sugar analysis.

sboga:
Loco and Mpeace are same pesin.
Streetinvestor & nigeriblabla- same pesin diff moniker, mcy & gina - same
2 loco and all hin monikaz.

Just imagine..,.

ositadima1:
YoungBuffet, you seem to change aliases like boxers. Your two significant predictions have yet to materialize. Recall how certain you were that crude oil and the Ngx would plummet. Perhaps you have reinvented yourself under this new persona.

Lol. I wanted to reply that this is young buffet with his childish behavior, then saw your post
You guys should just ignore him and concentrate on better discussions here.

RichEstate:
Lol stone throwing.

Mpeace:
See small stone oh.
But fully supported.

Lol. Dem plenty like that o, many old wines don transform to new.

megawealth01:
People wey change moniker here are very plenty I still miss this forum of those days we were all using our real monikers

Today one moniker go dey advertise another moniker go dey dey ask to buy and na same person ooooo

No be small thing....
We don't know who is who again....but from their posts, you'll know this is old wine.... including you too...
Till today, you didn't tell us your old handle.

veecovee:
They're buying major stake. And, has gone far with the deal.

Considering their current OS, unity should go back to it's N5 reconstruction price

Ok. Maybe that's the updated version then....
The last info I was aware of was for merger.

UNITY: 1.69
JAIZ: 1.62...
Unity in stiff competition......
Where's Arduino self? He don change moniker too?

megawealth01:
OMATEK officially on full offer...

It's well.
Newbies buy wetin you understand ooo, if you don't have shock absorber, siddon inside dividend stocks and be waiting for your own turn too.

I dey tell that guy say I no dey fit shalaye, and if you start stone throwing, I go just siddon for back of class dey watch una ni. Mega I no fit settle fight o.

veecovee:
Life itself is risky.

Pastor, you're still in UNITY?
The arrangement is a merger anyway, not buyout

customstreet:
I will drop one stock for you guys to pick soon. 100% sure of given anyone that got it at least 200% return

Hhmmm. It is well.
We'll be waiting for the tips sir.

KayOn1:
You are definitely not MH and everyone knows that. You have been of help to me before which is why I pointed it out to you before some people will start capping.

Of course I am not.
I think one of the purpose of this thread is to discuss about some of these values as well......but you know once the stock is penny, some will think it's more of MH but won't see anything wrong in discussion of big cap stocks.
Make I dey jeje on my lane, I no get strength for argument..

*Edited*

MeezPat:
This has not been approved yet by sec right ...Been waiting for more info on the rights issue

Yes.
I think it's still awaiting SEC's approval

KayOn1:
Jaiz RI is @1.00 if I am not mistaken. Tread with caution.

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.

megawealth01:
Bank stocks are getting serious attentions

GTB @37.80...... Up with +0.50k as at now...
Exhibiting some strength since market opens....
Any news?

megawealth01:

Abi nah.

Meanwhile, SEPLAT still showing strengt at circa 2k

agbanimu11:
Good morning great investors. Please kindly advice me on Veritaskap stock. Can i going because I'm still novice on stocks.

What's your risk appetite like?
If you no get shock absorber, jejely go and buy NASCON or Dangsugar and wait it out.
If you want Veristakap, you can play with small change.
I no fit shout or shalaye for here o.

UNITY Bank is however due to merger news.......
You can wait for pullback there to pick some if interested or looking for penny stocks.
* JAIZ Bank also.........@1.60 or below...... before dem go come for it.

VFD GROUP
Another 2M bulk unit crossed today so far.....

vacanci:
Aunty Mercy, abeg what is this RR23ELLAH that is currently on 80% loss in a single market day trade so far? No be vanish e wan vanish so?
i thought its should maximum of 10%.
Abi i no dey see well?

You see well....
They're listed on OTC (Over The Counter) section of the Stock Exchange and can be traded as low as 0.01k
- Don't know if it's directly under NASDAQ or not
- I think it's a Right Issue of Ellah Lakes
-Offer is available at 0.01 self
- They are being traded by brokers, I don't think individuals can trade them
*Modified*

OANDO retested 12 junction today.....
Some pullback last week Friday to 10.80 but closed @11.70
Closing price for today: 12.10.....
Are the buyers insiders?
We're watching them as court day is drawing closer again......

onegentleguy:
I have always given out many things for gratis and will continue to do so where necessary.....

However, there are certain class of analysis, recommendation and financial advisory that are weighty and of high reward/value that I will attach a fee to and will continue to do so.

It's not the 1st time. Many folks (including a few members here) already ordered for the said investment outline/guide.
People pay me for certain class of financial services .

Someone sent me a snapshot message from a fellow who claimed that my post was purely driven by hunger/quest for material gain. Well, I have nothing to say to that fellow.....

Absolutely in support of the bolded!!

I can remember recommending or directing some novice to some of the Ogas that provide stock picks for some fees here in the past.

This is the kind of services offered by some experts for fees...either annual or bi-annual and NSEMPAS have somehow been benefitting freely from it as well.

I don't know why some were "against" collecting fees for such services as if they don't know that people pay to get such services.
Is it because we get it free here and still insult and throw stones at the same time?

@OGG pls go ahead and do your things. Those who needs the service will definitely get across to you.

**

NB
* Acquisition transaction of 80% stake in Distel Wines Ltd and 100% import biz of Heineken Nigeria

https://doclib.ngxgroup.com/Financial_NewsDocs/NB_Transaction_Circular_-_EGM_2023.pdf

Choiceguy:
Currentprice is missing in action,what is the bedsheet saying on Oando

I don't think CP can put mouth for Oando matter.......and besides, the issue on ground don pass bedsheet matter.

For those saying minority shareholders will be pocketed and all that........ there's one IF I've not seen from all this upandan on OANDO talk.

Do we actually think BAT will be in support of Oando delisting?
The president that's going around the globe wooing investors, coupled with the recent series of companies delisting from the Exchange, do we think the one he has direct control over (Cousin's company) will be allowed to just go like that?
Isn't that a dent on his own image?
Let's look at it from this angle as well.

ositadima1:
Considering that the family holds over 96% of the company's shares, what could be the motivation behind listing the company that has been operating successfully since 2005? What is the underlying strategy?

I hope it is not a covert tactic to partially withdraw from Nigeria at the expense of the public. For instance, the stock price could be pumped up, followed by a gradual sell-off of shares.

@ the bolded. Exactly my thought too.
Hope they've not come to milk Nigerians.
No wonder it was convenient for the guys to corner the little 4% left for the public.

MECURE
Result don land for Sept ending 2023.....
No wonder they pushed out some volumes today ..

https://doclib.ngxgroup.com/Financial_NewsDocs/Mecure_Industries_Plc_FS_IFRS_Q3_2023_30_10_23_signed.pdf

ositadima1:
Why are we repeating the same story every day? Is it merely to fill up the pages?

Oando is currently undervalued compared to its potential. The question is whether the delisting will occur at 7.07 or at another price. If not otilo, a price above 30 is very possible in the coming weeks sef.

Oshey Osita.
Na summary be this.

Mpeace:
Oando's potentials are not in doubt. Its just the managers that people fear.
The stock would rise unbelievably if only Wale has enough units and wants it up there.

When I checked OANDO OS, it was 12.46bn or so out of which 5bn is free float.....
* What of a scenario where these people codedly or strategically starts mopping up through proxies?
Yesterday alone, over 55M units exchanged hands, without buyer, sellers wouldn't have been able to sell nah.

Make una no mind me with my over thinking o, whether na paralysis we go call am self.
One thing is: those guys are something else, they can do or undo......we recently saw a scenario from Oba Otudeko's accumulations of FBNH shares thru proxies.