₦airaland Forum

goody234:
249% increase for me i think i will tap out o

* Try and ask yourself "Why did I invest in Living Trust mortgage bank and what are the prospects for me?" There lies your answer.
* Then follow your mind and don't be too greedy if you're not a value/long term/dividend investor.

Note: Living Trust is a dividend paying stock and released improved result in Q4 2022, Pre-tax profit rose with +33%.
https://www.google.com/amp/s/nairametrics.com/2023/01/23/livingtrust-mortgage-bank-reports-33-increase-in-pre-tax-profits-for-q4-2022/%3famp=1

LIVING TRUST
Ogbeni Omoluwabi is busy pushing Living Trust....
Money must be made by all means......
Those in the bus, enjoy your luck.....

GEREGU
In another news, FEDA, a subsidiary of Afrexim Bank acquired 5% stake in GEREGU shares........in an off market deal yesterday 21st Feb.
* First major Foreign investment in Nigerian publicly quoted company in 2023
* China's largest power company also own investment in Geregu Power

Share price up with +22.40...........Sighted @246.40..

https://nairametrics.com/2023/02/21/afrexims-feda-completes-acquisition-of-5-ownership-of-geregu-power-plc/

https://doclib.ngxgroup.com/Financial_NewsDocs/37662_GEREGU_POWER_PLC%20NOTIFICATION_OF_PURCHASE_OF_SHARES__C.pdf

COURTVILLE
Nobody said anything about the mandatory take-over??
OK o.

Those buying at 0.48k, maybe they have info that others don't have yet sha.
I already knew they'll not be coming up with better offer since the price refused to leave circa 50k arena and move up despite the increased activities in the market.

https://doclib.ngxgroup.com/Financial_NewsDocs/37657_COURTEVILLE_BUSINESS_SOLUTIONS_PLC%20NOTIFICATION_ON_THE.pdf

Zagee:
SEPLAT lessons were very necessary for learning sake oh as a new entrant.
As for GEREGU, applying cautions with the TA. RSI overbought on the monthly and 72% on the weekly.
*Everyone to his fate

Ok Sir.

juniorrate:
it’s jst trying to get small fuel to continue the pullback. Technically the real reversal should begin once it touched #4.30

Ok. Thks.

yMcy56:
Profit takers really dealt with Fidelity o. Kilode?
After they depress the price, they'll come back to pick again....Weird market.
We see what Fidelity is coming up with anyway.

FIDELITY
- Done with pullback........
Reversed up today.....From 4.50 or so, sighted back @5....

ZENITH and GTCO:
Both @25.20........
Make dem dey behave like ibeji there......

Zagee:
Wherever Geregu wants to take me to I don't mind with this info .
As for uncle T, any day he chooses to improve my 100k units is fine by me..

Lol. Seems you don learn since the time of SEPLAT.
If to say you waited much more, you would have sold SEPLAT with over +300% gain at least before now self......
*Modified*

** Not any form of advice o**

emmanuelewumi:
More like a bubble, people should be smart not to get caught by booking their profit as soon as possible

Will book profit when it delivers +500% or more. ....lol.

- The shareholding structure as at the last fye, Q4 2022 still looks 'amazing' .......around 2.47Billion domicile with Ote$$ and his cronies.......
- Only a paltry 28 to 30Million in the investing public.....
- By Q1 2023, we'll review the shareholding structure again....
- Lol. Not any form of advice to anyone, make Una no mind me o. No talk say na Mcy talk am if e no go according to expectations o.
Let individuals follow what suits their investment needs and align with their investment goals & objs.

* Make Una wait for una Transcorp, it's time too go still come.

Ginalex:
this has been removed. Can you please resend

Here:
Title was changed I think...
https://doclib.ngxgroup.com/Financial_NewsDocs/37648_OANDO_PLC%20OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_FEBRU.pdf

https://nairametrics.com/2023/02/17/acquisition-of-minority-shares-court-adjourns-oandos-report-of-compliance-till-march-302023/


@Hogwarthtrades thanks for the link. Will try and go thru it.

Profit takers really dealt with Fidelity o. Kilode?
After they depress the price, they'll come back to pick again....Weird market.
We see what Fidelity is coming up with anyway.


Meanwhile, here's OANDO press release.......
* Filing of Scheme of Arrangement case adjourned to 30th March, 2023...
https://doclib.ngxgroup.com/Financial_NewsDocs/37648_OANDO_PLC%20OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_FEBRU.pdf

egwue:
My Seniors in this forum,
Will it be wise to invest in International Brewery shares at the current price? What are the prospects of the company in medium/long term?
Any advise will be highly appreciated.

* I'm not senior or expert o.......but since we have entered earning season, you may have to consider the companies paying dividend for now.

* You may revisit IB after the earning season.....
One of the Ogas gave a good entry price of 4.00/4.20 and below, it may get there or not......all depends on Mr. Market.

** Also note that.unexpected do happen in this market, good news sometimes comes in to distort the charts and the Ogas candles. It's just my take on your question.

Mpeace:
The thing baffles me sometimes. But we just dey inside the bus dey wait and see.
Geregu OS is about 2.5billion
Transcorp OS is about 40billion

- It could be one of the main reasons for the huge difference.....similar to the case of AIRTEL and MTNN.
- Share reconstruction may be one of the solutions to Transcorp Plc shares. Lol.

Mpeace:
transcorp generating capacity(atleast two generating plants) is about 4times that of geregu

It means something is not right somewhere with Transcorp Plc, or maybe it has to do with the total issued share capital or so.

Geregu has 2.5B with around 2.38B belonging to the owner.

Mpeace:
Transcorp energy arm is a very big Genco. They are not a disco.

Thanks. Will do more readings on this.

sophy17:
All the power plants in the Country have been generating power but below their capacities while the fg keep spending money on them, hence the decision to privatize them by selling them to prefered bidders. They are still struggling to generate adequate power to the National grid and even to maintain the power they generate. Transcorp Plc is a conglomerate with diverse biz interest including Power generation and it is listed but Transcorp Power is not. Transcorp plc may have stakes in Transcorp power. Discos Such as Ikeja Electric, Eko Electric, Ibadan distribution co etc buy power from gencos and distribute/sell to consumers.

The only listed GENCO is GEREGU, could be one of the reasons it also has hedge over others.
If Transcorp is also generating power, then we need to know if this is impacting on the profitability of Transcorp Plc.
You're right that they're still struggling to generate adequate power to the national grid, the power generation is still below 5000MW agreed upon.....

Don't mind me. Thanks for shedding more light.
No be say I know much about these things ...but will try and read more on why Transcorp's share price remains so low and ridiculous......if indeed the Coy has a power generating arm.....and more importantly, if it's impacting positively on margin base of the Coy.

essentialone:
Yes Geregu has been growing since last year it was listed. This year alone, it has gained 46% again.

Over half a billion staked on the shares today again so far........and the share price sighted @N224.00........Up with +N6.30.

sophy17:
Transcorp Power is a genco. They own Ughelli, Delta State 972 power plant.
Transcorp owns Afam 966MW power plant in Rivers State since 2020.

Has Transcorp Power Ltd started generating power? ..,..because I didn't see it in the list of the active Gencos.....and I'm just aware of their successful bids and all that; but that Transcorp is a distribution company so far.

If Transcorp is a Genco, then what's the issue with them?
Could it be that there's the need to separate Transcorp Power from the Transcorp group then?

essentialone:
2023 Year of Surprises
*15 Best Performing Stocks in NGX YtD.* 🙄
How many of them are breathing well in your portfolio?

1. International Energy Insurance (+211.00%)
2. Tripple Gee & Co (+129.00%)
6. Geregu Power Plc (+46.10%)

GEREGU has delivered over +110%..........

Geregu is a Genco company and can't be compared with Transcorp, which is Discos.
- Can remember someone comparing Transcorp with Geregu, they don't belong to same category.....
It's just like Comparing Seplat with Conoil or MRS.......same Sector but not same category....
That's my understanding of it.

GTCO:
- Much volume here.... even though price didn't change as such.....
- Those that ran and crashed the price are coming back in.....
- Over 27M units transactions so far....


Meanwhile, Oga Emma is also now on the side of UNILEVER......he must have seen something positive there....

seyisanya:
Aunty Mercy, see my second paragraph here ooo. On a more serious note, I have nothing against the stock. NSE is a market so there's something for everyone!

It's alright then Oga mi. No vex.
What I'm just trying to say also was that sometimes, if not most times, patience is required to benefit from some of these stocks after due diligence must have been carried out.......like Oga Emma said.

Some stocks may start delivering immediately they're identified, some not immediately.

See the case of NAHCO. Some experts already saw the potential in NAHCO when it was trading @ circa N2 .......but quite a lot were pessimistic towards it due to immediate issues in the sector that time.
Even at N4, think I can remember calling Peter's attention to it, but he wouldn't touch it with a long pole self.... ........now many are just seeing it when it already delivered around +300%.
CP gave a fair price of N13......doesn't mean it will get there immediately.....but with more improvement, it's achievable.

Nigerialabalaba:
E dey simple Oga mi. Follow dis steps if u no wan type d name of d mods for end of message u wan report:
Lobatan.c'est finis

This Oga go sabi vawulence no be small.
I just dey laugh as I dey read the posts .....you even come force Oga Emma to speak pidgin by force....Lol.

seyisanya:
You passed the baton to the new set of investors that will hold the kaya for another decade at 20kobo!

Well done sir.
I don dey note those posting against this stock in case of future reference.

One thing with Nsempa is that we always want magic and quick quick things...... One of the reasons some ogas stopped recommending stocks.
Immediately we noticed that someone or an entity was mopping, we expected the price to start jumping and deliver+100%, 200% or more sharp sharp, and... If it doesn't go according to expectations, we felt jittery. This type of stock is better picked with spare fund.
We will keep eye on it sha.

This is NGX where unexpected do happens.....also, we can't win all every time.

E.g. NGXGROUP's fair value was predicted in 2021, it doesn't come to pass until 2023 Feb, some sold at loss, some jumped out thru the window, some others thru roof top of the bus, but what happened? It eventually delivered.
VITAFOAM was predicted to be N8 stock by @CP when it was trading @3.20 or thereabout, it took some years for it to manifest, thereafter, it was predicted to be 20 and worst case scenario to be N14, it didn't happen overnight.........UCAP, MTNN, etc.

Happy Vals Day.

Streetinvestor2:
FIDELITY looks the gas don finish. Should I start with you as per rebalancing my portfolio as my BE is 2.17 .Then what do I buy at this time with the money .Something that will give me another 100% in future

Oga just leave that your Fidelity alone for now.......
Fidelity stayed longer at Circa 3, whatever makes you not to sell that time should make you leave it now.

Look for other non-perfoming stocks in your portfolio to sell........just try and check with the Ogas too before selling.
Try and convert FIDELITY and UCAP to your dividend stocks.

No vex say newbie put mouth for your talk o.

veecovee:
Thanks a bunch and God bless you, selfless Lady.

Pls o, I'm tempted to jump into STERLNBANK, which sin did they commit that kept them where they are?

Bless you Pastor Vee.
Happy to receive upgrade from you sir.

As for Sterling, it was selling around 1.31 or so, not too long ago. Would have been a good time to jump in.

Maybe the sin committed was paying dividend.....lol. Just joking and also saying based on observation of how high it was selling before they started paying dividend but relegated to 1.50 region when dividend started. Lol don't mind me.

If interested, try and see if it goes below 1.50 and pick.
Sterling paid 0.10k dividend last financial year, maybe they'll throw some goodies this year too.
I Blvd it will move at the right time sha.

GTCO closed @25.25
ZENITH closed @25.......
Overtaking allowed.........Oga na master, no be by heavy weight alone.

Oloro29:
Madam, thank you for all you do here. Pls is the MTO form for IEI out or is there any latest news regarding that. Thanks

MTO form is not yet out from my findings.....
Seems there's still delay from SEC.

OBAGADAFFI:
You Better jump out immediately

Those jumping out of Ardova will be those who picked higher above 17 or those who picked @13 or below and is taking profit because they don't want to wait out the processes involved.

Anyone who picked @12/13/14 and is ready to wait it out will have nothing to fear here.

Meanwhile, some of those not yet in the bus and doesn't mind N1.28 Kobo extra gain are still picking @15.90/16.10.......we all have our individual preferences.

@customstreet you were right about this delisting after all.

https://doclib.ngxgroup.com/Financial_NewsDocs/37614_ARDOVA_PLC%20ARDOVA_CAUTIONARY_ANNOUNCEMENT_CORPORATE_AC.pdf

GreatEko:
RabbiDoracle did it around 2018.
Within a week, market fell.

From my observation here, I am of the opinion he knows how to predict a bear market better than a bull one.....

Thanks for this thought....
Some names here can influence the market either positively or negatively.....

Oga Rabbi said he's still 80% in the market. If he should announce exit ehnnn, the market go hear am that day or the following .........so it's better he doesn't announce exit.

As for prediction, he's got both in my own opinion sha.

Heishere:
Oga Oracle inform us o when is time to bail. Thanks.

Lol.
I doubt if people do this here.
Telling you lkely entry seems easier than coming to tell you exit.......few does but many won't for reasons best known to them. It has even been discussed here before self.
*Be reading the signs on the wall, follow news and trend of events. Most importantly, have your own strategy in place.
My opinion......

veecovee:
TELL THE DOUBTING THOMASES THAT ...

Pastor compliment sir.
Happy New Year.

essentialone:
Yes naa. Buy out does not mean it has been delisted or suspended from trading. I even sold off above the N7.00 they paid in buy out.

When did UBN sold above 7?
Or you mean to say close to 7?

Streetinvestor2:
Madam abeg updates on results. I thought 31st was the last day for results for most companies beside holdco company

Bros, see this notification letter from ECOBANK.......

It clearly explained the NSE rule I earlier stated......concerning publication of Final Reports.....

https://doclib.ngxgroup.com/Financial_NewsDocs/37607_ECOBANK_TRANSNATIONAL_INCORPORATED%20AFS_PUBLICATION_202.pdf