₦airaland Forum

Mpeace:
When you look at Access bank q1 result you might understand. The bank has caught up with the big two[Zenith and GTB]

It's even the 3rd most profitable bank going by 2022 FYE.....
Trailing MTNN and DANGCEM behind......MTN 1st, DANGCEM 2nd..... ACCESS 3rd....
From the look of things, it will get to N20.....all things being equal.
* Not even with FIrst Bank running ahead of it.

Lol. Pls no one should quote me o, just airing my opinion, I may be wrong.

Mpeace:
He wants to be the highest shareholder in the bank. More like taking full control

Wonder what they've been looking at since all these days that ACCESS was selling below 10.

I guess those directors have some special info at their disposal, from the look of things.

Why are the Directors just buying now?
Same thing in all the banks, UCAP, and many other companies. The trend started with STERLING.

ACCESS: More cross deals from Herbert!
Another 79M bulk unit crossed @16.25.....

GTCO: Sighted @35.15...

Accumulation ongoing in FCMB @5.11...

Ginalex:
Don't leave me

Lol.
Don't mind him. Last year nothing tangible happened for this market, market traded sideways for the major part of it, we all were looking forward to better days..
Is it now that things are looking up that he's signing out...... Loco, you better come and let's enjoy this bull while it lasts.

locodemy:
At the beginning of the year, I pointed out 2 stocks for 2023.
Today,I came,I saw and I conquered.

I am done @ Nsempa for now for some reasons.Nobody offended me.Its normal and expected.See you all again when the bears return for another pick.

Signed out.
Loco loves all

Lol. Loco don belle full. Too much money!
Where are you signing out to?
When the real moneybags never enter....lol. Don't mind me.
I know you're still very much here, just telling us you're reducing your posts for now.
We still dey o..

debeey87:
Off all these downstream companies asides Total, my money is only on conoil considering their Q1 eps. I don't know how eterna that paid 0.15k will justify over 12naira share price and counting. MRS that can't even pay anything out of their over 3naira eps is trading over 40naira. Like some people have said, let the corruption go round.

yMcy56:
Lol. Wait till ETERNA's price gets to 20 first before you start wondering about how to justify the share price...

Can CONOIl justify its price @78+??
At least the corruption don reach smart people wey don chop or still dey chop...

If not for the minority shareholders without foresight, Oando for don jump pass 20 by now.....

FTN COCOA looks like another corruption in the offing......we'll be watching out for JP as well.

June 07, 2023 post......
ETERNA.....@21 today.....and likely still moving..
COCOA .....@2.39 today....

* Assignment: Go and check the price of both on the 7th compared to today's price.

Who says ti SA bawo?

OakPearl:
If my memory serves me right, the above was posted on 1st of this month.
Those stocks have raced away, with Eterna selling for as high as N21 this morning.
In the same vein, I am beginning to think that power sector stocks will benefit a lot from the electricity tariff increase coming into effect tomorrow 1st July.

Which stocks are positioned to benefit?
My suspicion is Transcorp.
Geregu is already overpriced but the herds may not mind.
Let’s share ideas if you have any.

ETERNA on full bid @21!
Been watching TRANSCORP as well.....

Market responding well this morning as well...

GTCO @35!
Huge volumes...
Close to N1B spent so far....N1.1B...

ACCESS @15…95/16!

Quite some stocks on full bid....

locodemy:
https://businessday.ng/sponsored/article/chamsswitch-is-certified-for-unionpay-card-issuing-and-processing-to-drive-financial-digitalization-in-nigeria-and-beyond/

Loco na me and you go share this loot o.

Chams on full bid @74k!

megawealth01:
Will Oando delist?

....and where have you been since all these days?

* OANDO planned to delist from NGX and go private.
* Buyout price of N7.07 has been fixed.
* Case is still in court.

Ajibade123:
Thanks a lot
The 5500 is when I am done opening right

N5,050 minimum.
Yes. Once your account is set up, you can start making deposits.

Harvestock01:
It only got new funds injection with new management.

Any link to this pls?

BullBearMkt:
I hope they can get good hands to manage the coy; great potential lies ahead.

I sincerely wish there's a way shareholders can get some respite here.

If only those minority shareholders that took Oando to court can withdraw the case, maybe things will be much better for them.

It was the exit price that pegged both OANDO and ARDOVA's share price at a spot and prevented them from moving up alongside their peers in the industry.

INSURANCE Sector is also coming up, recording significant increase gradually as well.

BullBearMkt:
...you have a good point there, madam! That can actually attract headlines!
not actually from this year, the rise is now almost 3 years consecutively

What led to ARDOVA opting for delisting??
Was it not the problem in the sector??
* ARDOVA paid Otedola N66+/share to purchase majority stake in FO, but what happened thereafter?

* The share price fell and continue to fall down to N12 or even below and ARDOVA run into considerable loss over losses, and can't afford to pay the remaining minority shareholders up to N20 naira again!!
Now, the 17.88k buyout price was even generating lots of issues btw mgmt and shareholders, but that was what ARDOVA claim could afford to pay!

As for OANDO, see how shareholders lost fortunes, with the price touching 3!!

Well, the significant rise started this year.

BullBearMkt:
...lol!!!
All these writers! It's not only in oil sector, also in banking, insurance etc

You're right sir........but we know Oil Sector has been down for long and just coming out of the wood this year due to the new and positive reforms.

It got to some stage that it was almost not reckoned with again. Little or no patronage, prices fell ridiculously, revenue decreased, dividends almost not forthcoming in some, some are opting for delisting, and all that.

Ajibade123:
Please the Morgan account opening form
It said it should be in JPEG form
I thought I just need to enter my details to it?

- Download the Form, just a page or two.
- Fill it
- Then scan it in JPEG form (not pdf) and send back to Morgan via email...
- ..and attach the required documents.

* Scanning into JPEG will make the job easier and quicker for them to process within few days.

NIGERIAN ENERGY STOCKS
Investor's interests renewed on Nigerians Energy Stocks as the sector is closed to it's best quarterly performance in nine years ......
* MRS, CONOIL and ETERNA have returned over +300% each as gain, while SEPLAT too hasn't done bad at all.

https://www.premiumtimesng.com/business/business-news/607080-nigerian-energy-stocks-close-in-on-best-quarterly-performance-in-nine-years.html

As for OANDO, isn't there anything that the shareholders can do in the market to force the Management to increase the exit payout??
Like, if the price should go far up in the market before next court sitting in October or something?

Someone also mentioned this here but can't remember the moniker again....

comatekeke:
I said I will give an update later.
This is the update.
I finally sold my units of CHIPLC for a profit of N259,275.87 in addition to a dividends of N63,801.46
Thank you to all the contributors of this threads with special mentions to the following monikers.
@yMcy56 @Mfunkynation @Zagee @feelamong
@emmanuelewumi
and anybody else that I forgot.

Wow! Happy for you.
I particularly like the way you were able to strategize and ensure you didn't sell at loss but came out with some nice profit instead.
Patience and individual strategies pays.
Thanks for the mention.

LEARN AFRICA
2022 Financial Year End Report....
Proposed dividend: 0.25k..
25% increase in dividend payout (as against 2021 fye 0.20k)

https://doclib.ngxgroup.com/Financial_NewsDocs/38841_LEARN_AFRICA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JUNE_2023.pdf

Happy Sallah to our Muslim brothers and sisters.

These billions you are sharing......diarisGod ooo.

GTCO: 2B+ done....
ZEE: 1.49B....
ACCESS: 1.55B.....
MTNN: 1.2B....
SEPLAT: 1.05B...

ACCESS: @15.90/95.....
GTCO: 34.40/45
ZEE: 34..
UBA: 12.30
STANBIC: 52...
FCMB: 5.28/5.30
FIDELITY: 7/7.11
JAIZ: 1.67 ...full bid

Owoblowblow:
Hi all,
I'm wondering if anyone has an idea of how I can cancel an order on Morgan Cap platform? Thank you

See the attached:
You will see "Market" then "My Orders"

Click on order, you will see all your buy/sell order, click "cancel" on the order you wish to cancel.
- Will ask you if you want to cancel, select 'Yes'.

Another one is to go to the menu tray, click "Buy Orders" if it's for buy .......or "Sell Orders" if its for sell, you'll see orders placed, click on "X" cancel in front of it.

lancee:
When you sold and you think u ve taken profit ...Then u come buy high again ..mr mkt

I beg yMcy56 whats going on with fcmb

Lol.

I think Mr. Market is the one happening to FCMB, but it has started shaking body small small......together with Fidelity.

It's UBA that is even sluggish somehow.

Yoast:
Sterling bank is the first banking stock to go on full bid

UNITY Bank was the first....
Not up to 20mins it reversed when trading commenced.......and on full bid in less than one hour. *Amended*

You can use cursor to drag those columns together, so it can show price as well

GTCO:
A billion done and dusted as at now!!
Sighted @34.50!!

ojeysky:
What's happening at ftncocoa, how does turning loans to shares suddenly cause this continued uprising....I don comot sha

See 2 of the news that may currently be responsible for it....was posted here just few days ago.
* Not any form of advice*

yMcy56:
One from Dipo's Business Post and another one...
https://businesspost.ng/economy/oh-ecosystems-secures-12m-after-acquiring-stake-in-ftn-cocoa/?amp=1

https://www.nairaland.com/7740535/president-tinubu-applauds-afdbs-520m

F.u.g.a.z is vexing for inside market oo.
GT/ZEE : leading.....

GTB @34!!

What could be holding Fidelity, Dangsugar down?

Dammlonge:
Plse do you any anything about this stock ma?Champs,Courtville and Ellalakes

I replied your pm but no response.

Pls go for dividend paying stocks....if you're not a trader.

* Yes. Courtville and Champion Brewery are up for delisting/acquisition and their exit prices have been fixed.......both are just still buying their time on NSE.

* Courtville is presently following the euphoria in the market to move up in price.......what could become of those buying high, I do not know.
* Don't know much about Ellah Lakes, but I know it's very very illiquid and can trap funds if care is not taking.

If you're considering buying a stock, liquidity is one of the things to also consider....
Though some of those illiquid ones can keep moving up in this type of period with just few quantities.....but alighting from the bus can be tasking, especially if you're looking at huge volumes.

essentialone:
Anywhere you go, I go dey there ooo.
Omo make una see how love carry me enter FTN Cocoa ooo. Na chocolate them dey produce ni?

OYO
I only corrected on the news you posted.
You may do well to research for updated news on same pls.

essentialone:
Wow, that is good Mummy Messi. Because FTN Cocoa and Pharma Deko na 2 companies wey I dey fear ooo. But thanks for the re-assurance. Let me buy them now.

Don't buy because of my post ooo.
Pls Carry out your due diligence....
Check the date for that post and do your background checks as well. What if I'm wrong?

Igi pawpaw o ni wo pawa o.

GTCO: Back up @33!!
The strength and volume is still there.....

ACCESS moving, now @15.45!
UBA, JAIZ, moving.......
UBA @12!!
NAHCO: 17.25!!
GT, ZEE: 33.10!!

*Caveat: Pls do not take as any form of buy advice*

^^^
@essentialone
That's old news.....
They already converted it from the look of things.
I stand to be corrected though.

emmanuelewumi:
I use previous audited financial report, things might have changed for the better or worse

Ok Sir.
I think things changed for the better, but you may also look at it at your spare time for updated analysis sir.