₦airaland Forum

emmanuelewumi:
Mid day market summary

Market still showing strength till now.....
UBA: Full bid @10.90..

GTCO
* N4.5 billion spent on this alone.....and still counting..
* ZEE.....over N1.5B as at now....
* UBA.......N1.7B...

Custodian: 6.15! 6.20!
NEM: 6.40!
MANSARD: 4.39!
LASACO: 1.98!

Custodian what are you looking at?

Some pullbacks witnessed after the initial full bids ... Profit takers' activities.....

Some are now moving back to full bids again.....UBA, ZEE, GT....

**Pls do not take as any form of buy/sell advice!! We've been shouting here for long...when the prices were at bargain, we don't have any advice to give at this time...thank you **

* Anyway, Transcorp is still there sha. BAT recently signed electricity bill into law.......this could be another 'corruption' still drinking water.....
ETERNA needs to close gap some more...with CONOIl & MRS.
AIRTEL never wake up, noise of the bull may wake am anytime...

ZENITH: 30.80!
GTCO: 30.80!
See competition......

LASACO: Full bid @1.98....

Agbalowomeri:
I am placing a wager for both ZENITH & GTCo to move above 30 by July. Anyone?

Let's all give it up for Agba!!! 🙌🙌🙌
He made this prediction on 30th March and in less than 3 months it came to pass....today 13/06/2023!!
ZENITH & GTCO: @30.80!

So who's giving me my prize for being the only one that stood with him when he made the prediction?
Agba where's my prize?

The funds entering the market no be child's play!

E Ku Market ooo.
GTB, ZENITH crossed 30!!
ACCESS, FBNH @14+

Market dey vex this early morning.....

FBNH 15.50!!
FCMB: 5!
UBA: 10.90!
MRS: 65+
ETERNA: Still giving discount?

FRN: Federal Republic of Nigeria; Nigeria shall be great again!

locodemy:
How would market respond to Emefiele sack on Tuesday next week?

Positive or negative or neutral......??

- Positive from the look of things......
- Many were happy and felt relieved that Emefiele was suspended..... he should just go home from there.
- He has caused a lot of hardship and pains on Nigerians with his anti-people policies.....and, especially with his failed presidential ambition, which he took out on Nigerians.
- News even carried it that he has been arrested by DSS.
- In all, Mr. Market has a mind of his own......but generally, people felt its justice well deserved.

https://www.nairaland.com/7722497/dss-confirms-godwin-emefieles-arrest
https://www.nairaland.com/7722316/emefiele-flown-lagos-abuja-arrested
https://www.nairaland.com/7722670/dss-files-terrorism-charges-against

locodemy:
Stocks don finish for market.
Very soon na to begin push those Jideflash and unity capital, Daarcom,omatek stocks with care fulness

Then the end will come.Oso Abiola

Are you the one pushing Omatek and buying TANTALIZER??
Better watch those stocks if you don't have solid reasons for buying.

As for Japaul, I'd searched and highlighted positive areas and possible factors that can make it toast of investors either now or in near future.
Financial wise, Japaul has good biz/ has been delivering good results and, with the new govt, things will most likely turn around for good for the Coy. Etc.

CHAMS also. Well positioned as Fintech Coy.

FTN COCOA: Future looking bright. Even read one article whereby the House urged the Fed Govt to support Cocoa farmers.

Try and check on others as well to be sure of what you're buying.
Anyone buying Daarcoms, my hand no dey o.
**Just my opinion. DD applies**

veecovee:
we'll see how far it goes this time. BTW why are you hiding this one sister Mercy

Not hiding it Pastor.
I've been mentioning it before it started moving......
Just not mentioning it now so it doesn't look like monkey hunting.

Btw, @thesilentone banned again by b.o.t. Sorry o.

OBAGADAFFI:
ACCESS has left UBA behind.
It is now ACCESS and FBNH.
UBA ti lole

Lol.
Maybe UBA prefer F/F caucus...could be waiting for Fidelity..
Let's see if it will rise up to the challenges in coming days......

ACCESS reached my preferred point of first call .... 13, we'll see if it can attain the 2nd, @15....

ACCESS
At long last ooo.......KM 13...

UBA @10..

megawealth01:
Fight never finish?

Fight still dey.....
Besides, FBNH delivered very good result......
The potential is there......

FBNH
Another corruption don touch 14.....
Paid 50k and racing up......even higher than the one that paid 1.30k....

BullBearMkt:
Madam which stock you dey watch there? Na MANSARD you dey post but na another stock dey your watchlist, ending ..."Ventures PLC"

Lol.
Oga mi I no wan mention am ni o.
It's on full bid....

MANSARD @4!!
If Custodian is not careful, this one go carry battle close to its backyard o.

*Just market news*

Ginalex:
I don kuku take heed lest I miss it

Lol.

Make all of us just follow them "corrupt" together, no be only dem Sabi am.

Meanwhile, ETERNA opened @14.75......pulledback and touched 13.50.......now sighted @13.85/13.90.......closed back @13.45..

DeRuggedProf:
Sooner than later, you will know where Lasaco is heading...

Join the corruption on time...

The Prof!
Will likely follow the pattern of Mansard too.....heading Northwards

ETERNA: Some pullback earlier.......bids increasing at bargain junctions....
Penny stocks are taking centre stage now......... everything na turn by turn...

* Not any advice*

The type of funds that entered this market today again!
UBA alone closed to N2B!!
N1.72B as at closing.
It's well o.

19.2Million units of DANGSUGAR traded.......most of which are cross dealings..

+10 10% competing on Gainers'Table

Harvestock01:
https://www.vanguardngr.com/2023/06/royal-exchange-grows-gwp-to-n14bn/

This news seems to be having positive effect on the price..

Mpeace:
Access is scared of 13 because of fbnh. Uba is not doing bad today @ 9.9

Lol. The fear too much...
Las las e go still touch the 13 nah....because FBNH is close to 14...now @13.95.......let me add " all things being equal" before the generational low crew arrives

LASACO
- Trading @1.68 today......the post reconstruction opening price.

- LASACO was reconstructed several months ago in ratio 1:4 (1 for every 4 held)......and, at a closing price of 0.42k/share pre-reconstuction....
- Opened@1.68 after reconstruction...
- After being battered so much down to 0.80/0.81k (0.20/0.21k), it finally arrived at the point where it started the downward journey.....
- Coming out stronger in 2022 post reconstruction and, with a juicy dividend of 0.15k, where do we think the share price will lead to?
How far can the share price go from here??


E-TRANSACT
Is ACCESS increasing stakes here again?
Now @4.84......Up with +44k ......full bid

DANGSUGAR
Some cross deals...

customstreet:
Absolutely.
It will definitely happened and many shareholders will go to bank smiling

Ask shareholders of Benue Cement Company Plc that metamorphised to Dangote Cement Plc, They will tell you a joyful story on how this exercise turned their fortune to good

Pls tell us more about this deal......
Dangote Foods sounds enticing......
Sugar is equally getting attention in Market....

* Is there going to be price merger? Price adjustment or how?

sterlingD:
Any hint on the fair price of MANSARD?

We can only ask the experts.....

@Currentprice someone needs your attention o.

ACCESS:. To climb the 0.05k step to 13 is like a tug-of-war so far....
Still merry-go-rounding around 12.90 - 12.95........looking for a push.....

* MANSARD is vexing......@3.66 now....
* CORNERSTONE @1.11.......Up with +0.10k...
* UNITY making some moves for the past few days now.......maybe in response to improved result...
* UPDC @1.20......Up with +9kobo
* STI @0.44k.......up with +4kobo

** NSLTECH......this stock has been getting lots of attention lately.......on +10 10% recently.......any news?

ACCESS @12.90/12.95
- Interim period is approaching...

ETERNA.....resumed on full bid @13.45....

thesilentone:
AIRTEL

- N1.7B spent yesterday....
- N2.7B today....

Ajibade123:
ACCESS still good to hold right?

Hold your ACCESS.
Believed you were able to pick at circa 10 that time.

yMcy56:
MANSARD: Sighted @2.73......this one go still touch 3 las las.
Cornerstone: Na +N1 stock.... We go see how it will go. ....

yMcy56:
2 days ago post.
E Ku MANSARD ooo.
Las las e don touch 3......
We'll see if it can be able to return to the initial 3.32 first....... ?

Extracts from noise making...

Cornerstone closed @1.01 today and MANSARD crossed 3.32 to close @3.50

JP will cross N1 at the right time........without Nsempa as well....
E Ku Market ooo.

@Loco we see your handiwork for JP o.
That person crashing the price should just try and exit all his holdings so we can see road....once time reach, it doesn't need NSEMPA to move....

All the fear fear and Jegede enemies, abeg commot the stock and carry your money go your good EPS stocks, leave JP for us abeg.

Geovanni412:
FTN COCOA...
That recorded huge losses is pumping by 3x
What penny stocks cannot do does not exist....

Seems there's one or two positive news driving the share price up....
Also, you know insiders get hook of news, even long before it's made public

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.

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.

otokx:
Still looking for the 90% drop

Lol.
We all know how Nigerians could be.
Since it has to do with reduction in price, they won't want to reduce it easily unless some form of 'force' is employed....
..but it f it is increase in price, they are quick to start selling at that higher price immediately....see the case of subsidy removal, immediately, all filling stations changed the price and started selling higher, even for the old stocks they bought much cheaper with the subsidy.
People are people's enemies most of the time.