₦airaland Forum

locodemy:
Pls kindly post the screenshot of chams full bid.
I can view market data at my end now.

Here:
Look not at the size......

You're using mytradebook shey? Those guys can fumble sometimes.

** Nairaland connection verification is so slow and causes unnecessary delay. @Seun

Mpeace:
Chams on full bid lol. You only need less than 4million naira to put Chams on full bid.

Na so.
I hope/wish Chams can replicate what Neimeth did that time and deliver over 300%.......Lol.

So, upon all the noise here, you still didn't sell your Transcorp, even when there was amber light before it turned red?
You don tey for this biz than to get trapped like this....
Even if it will still go up the more, you suppose know say it can't be on straight line .........and I as well as others here were showing concern about the huge OS, including you self.

ACCESS
The Ogas resume on duty today again....
- Over 55M units done within 5mins of market opening.......
- Over 62M units exchanged hands as at now.....
- The Directors were buying as well as the GMD.....
- ACCESS also increased their % stake in E-Transact to 37%+......
Make we dey watch what they're up to......

CHAMS full bid @33k.....

ARDOVA sighted @18.30..........higher than the 17.38 payout??

** Still on ACCESS, hope say these guys go allow this stock move up like this?? So much volume yet price remains the same.
SEC needs to look into this...

E Ku Market o.

Its true the market can be very unpredictable.....

Some expected bear after dividend declaration but na bull we still dey see for market o.

ZENITH arrived KM23 and still climbing.....now @23.50..
GTCO opened @22.05 and sighted @22.70....
STERLING sighted @1.70!! Pastor Vee hope you were able to pick below 1.50....
NB ....Quite a lot of attention.....

ACCESS....Much volume in crossings and trading.......over 117M as at now..... E suppose don reach 11 but those guys are suppressing the share price, guess they won't allow it move until they're done loading.......128M .....134M....
* These are the kind of activities SEC needs to oversee and look into.....the offer did not exceed 20M since.marlet opens, yet they were crossing it at their preferred junction*

yeddy99:
madam, please is this morgan platform? mine always shows blank page on bid and offer portal.

Yes. Morgan Capital.

kolaish:
On a serious note, I want to appreciate you for your effort on this platform. One of your post drew my attention once again to transcorp about 3 weeks ago and I quickly bought at 147k and sold two fridays ago @ 2.95k.

I had earlier bought 10m units of transcorp at 95k a year ago but sold 6 months after when it is tying down my investment. But when I saw your posts where you highlighted the large volumes of transcorp bought and ask when we will start taking transcorp seriously, I quickly picked 3m units and you know me, I quickly sold when the door is still wide.

Boss thanks for your sincerity.

Happy those "North and South" made money for you.......and your post made the noise making worth the while here.
Its mostly about decoding and risk taking when such unsual tradings are observed in the market.

ACCESS
Looks like Wigwe don't want to take any chances at all.......the fear of Otebaba is the beginning of mopping & increasing shareholding......

Market situation as at now attached.....
80M bids against 16M offers...


NAHCO
- Now @13 officially......

kolaish:
peterichy

Lol.
Peter wey don port since......
Na UBA dividend he come dey show us.

ACCESS
- Getting a lot of attn earlier......
- Someone was busy supplying @10.45 while someone else from the other side was busy packing......
73M bids Vs. 20M offers .......as at now...
- What is the mission of this supplier and picker??

NAHCO
Responding to good Q1 result.....
- Sighted @13.10 but no 100k bulk to move it yet officially........Done! Officially @13!

FCMB, WAPIC, CHAMS, MANSARD......Good response from Mr. Market

GTCO: Marked down and getting good response too.... opened@22.05...

Transcorp on full offer @2.53.......who should we call to come and carry his Transcorp now....

locodemy:
Good one from chams.Mercy Japaul and chams delivered as expected.100 - 200% move in near term

https://doclib.ngxgroup.com/Financial_NewsDocs/38448_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

Good one from Chams.......

We hope Mr. Market respond well to the result.
......but that's not even the main I'm looking out for for now........the real catalyst.....looking forward to it.

Btw: Well done to Oga OGG too.

@Loco I'm not talking about Census.

MANSARD
Oga Pluto09 Mansard don land o....
Over +240% PAT in Q1!!

I dey wait for your counter (tumbum tumbum) analysis again....

https://doclib.ngxgroup.com/Financial_NewsDocs/38453_AXA_MANSARD_INSURANCE_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

** Whosoever picked Mansard@1.50, has picked it at N1.14 as at today (1.50 - 0.36)
** With Price appreciation of 100%+ ........if left for long term, then the cost price will automatically fall below N1.00!!!
*Hhmm, there's value for some long termers in good stocks really* Just thinking out loud.

jp130:
Plz sir, fidelity bank intends to close its register from 15th to 18th may, 2023. Before what date should a shareholder qualify for dividend?
Cc ymcy56?

Qualification Date is 12th May, 2023

Normally, qualification dates comes before closure of register. A working day before closure of register date in most occasions.

Agbalowomeri:
They all have where they are chopping the company dry. Declaring good profit or dividend is not their priority

...but some of them still guard their businesses.
See Dangote, he made sure he didn't give any room for any loophole of such...... in Dangsugar, Nascon or DANGCEM.

See Alhaji Rabiu with his BUA businesses.

Herbert Wigwe, thru Tengen already started buying more shares to solidify his holdings.

When last I checked, Tony did not have up to 1% shareholding in UBA, think he has 0.57% (as direct shareholding or so) not very sure now.
Around 89%+ were out there.

If someone comes tomorrow and pick around 20%, even on the floor, he'll now start running Helter skelter again.......
....and any interested fellow can easily mop as much as possible on the secondary floor.

Agbalowomeri:
That's exactly what would have happened. 3.12 is dam too cheap to buyout a hostile takeover bid

You didn't read the part where the billionaire friends had to intervene before Otedola could back down?

Otedola was persuaded by the other friends in the likes of Aliko Dangote and others before he accepted to release the shares back to Tony at that said amount.....3.12. (well d real amt ma be higher sha, we don't know about that).

The question is: Why did Tony had to wait till it gets that "ugly" before waking up?

AMCON has placed its holding for sale since 2022 with no one showing interest to buy until Otedola bought it, having seen a good opportunity and value in it.
I cannot for any reason blame Otedola. He's a business man who saw profitable biz and keyed into it.

Tony needs to be serious with his business; sit up and take care of it as well as take care of the shareholders as well.
While AMCON wanted to sell, he could have negotiated it cheaper and buy, even @N1 self.

Someone still needs to teach him another sit-up lesson on UBA as well......

Ajibade123:
So if I buy Accesscorp on Monday or Tuesday I will be qualified for the 1.3k dividend?

Yes, you'll be qualified

Agbalowomeri:
Where did you get your own fact Lol Everybody just speculating ni

Here's the latest news....

https://nairametrics.com/2023/04/28/transcorp-deal-official-transaction-details-released/

Zagee:
OPTION TRADE: meaning Transcorp is expected at 12 at some point in time T.

Going by this, we can then ask, when is TOE going to actualize this value for shareholders?

Tony did not pay N12 to Otedola!
Those reports were false.
The amount negotiated per share is N3.12k.......reason the share price did marabout at circa 3.12 at some point and started falling......

One of the reasons I put question mark in my related post too.......that how could he have paid that huge sum for shares acquired by Otedola at N1.35??

lancee:
ymcy56 pls when is the last day to buy gtco

Last qualification date is May 1st 2023

1. GTCO: N2.80k ..................01/05/2023
2. ACCESS: N1.30k….............09/05/2023
3. WEMA: 0.30k.....................09/05/2023
4. NAHCO: N1.20k................12/05/2023
5. FIDELITY: 0.40k.................12/05/2023
6. MAY & BAKER: 0.30k........16/05/2023
7. ETI: $0.11cent...................25/05/2023
8. ABC: 0.015k.......................26/05/2023
9. JULIUS BERGER: N2.50.....29/05/2023
10. SUNU: 0.03k......................30/05/2023
11. AIICO: 0.03k....................31/05/2023
12. MICNICHOLS: 0.01k.......31/05/2023

** Note: Since May 1 is public holiday, then today is the QD for GTCO.

**Modified**

locodemy:
Where is the integrity of NSE & SEC

TBH, I don't think he has violated any rule as far as I'm concerned.

You picked a stock, you're no longer comfortable holding, one big man approached you to back down and give you a good offer for your stakes, you accepted, cash in your profit and move on.....

SEC also confirmed no rule has been violated.
It's not his fault that people rode on his name to acquire Transcorp nah. Na jejely he go do biz there.

This Access deals of yesterday, could it be Otedola buying?
Hope it's not the proceed from Transcorp that Otedola used to buy o.....

**Lol don't mind me. Just wondering. Make we dey watch the drama**

* Honestly, Access and UBA really needed a strong push/catalyst*

locodemy:
It happened in Japaul 3 days ago too but check Japaul now.
I have both Japaul and chams.Anything on them is good to me but let them show us results.E be like say this time I will make use of results rather than sentiments

Ok. I don hear you.
Just don't rush and exit your Chams.
Total outstanding shares for CHAMS is 5Billion.....something that Agba can close eyes and buy all self.
Out of the 5B: around 57% are already acquired by corporate bodies (if my calculation is right)......leaving 43% or less for individuals/free float.

Out of the 43%, Un-issued share capital represent 6.079%
43% minus 6.079% = 36.92%

locodemy:
Hope you didn't go back after you sold.You are sounding like.........

Now the news that takes it from 1.30 to 3+ has faded, the next current thing to check is result.Have you forgotten we are in the earning season.If Transcorp did well in Q1,believe me nothing will push it down like this .Imagine over 80m offer vs 0 bids.

I'm talking about CHAMS oooooo......not Transcorp.

I mean it's getting attn and it may not be due to result but some other insider news......
They're crossing it (CHAMS).......one person will place the offer @28k another one will pick it

PETERiCHY:
UBA Dividend just landed

Anybody following Peter's posts is on a long thing......

See the person that said he's been waiting for the past 10mths and will wait till Nov 2023 or so before entering the market.......chai!!

Bargain Nicodemus...

locodemy:
I am watching the chams performing magic.
Hope no be yahoo yahoo.Japaul do 10% full bids yahoo yahoo for 2 days and now full offer.

Full bids without good results be like yahoo yahoo.

Make them show us Q1 results abeg

Is it result that pushed Transcorp from N1.30 to N3+??

Make we just put hear for ground for any news that may be coming in Chams ni.

Agbalowomeri:
Not the same currency Aunty Mercy

Lol. Thks.
I don amend d post.

locodemy:
wetin go come happen now wey Transcorp no get better Q1 result?

Make I go buy a big cutlass

Buy cutlass. Na season film, e fit still get part 2....

In another news, CHAMS is getting quite some attention today......
Some crossings @28k........
On mini full bid as at now.....

locodemy:
..Now she don carry belle come dey fall back for me.

Otedola na confirmed cowboy!

Bought 6.3% @ $70 million and sold @N32.5Billion?

We wait for the next news.........another round may be loading......

yMcy56:
From your question, you're not for long term, so:
If it were me, with access to real time trading, I'll still hold on and keep keen eyes on the price mvmts and news/updates around it to know when to sell....
OR
Sell once decent profit is made and move on.....
(You may not like Transcorp's "anger" when offers starts rolling in after both billionaires are done).
Strictly my opinion, I may be very wrong.

** Final decision is yours to take**

Transcorp on full offer!!
These big guys be toying with this market upandan....

@Locodemy, Oya keep your spare fund for close by ooo.... Let's keep waiting for the next news .....
Even if it's for Transcorp, I'll hang around for now...

ACCESS
Giving bonanza early.....
Sold down to 9.55......

Ajibade123:
What's happening to it

Buy some and keep...
There was huge transaction as well as huge amount staked on it yesterday......over N12billion in transactions on ACCESS.

Maybe an investor is coming in or the owner is also increasing his stakes, we don't know yet.
If nothing happens after the huge crossings, at least you'll collect dividend.

locodemy:
He spoit wotowoto.
No remedy

Agba don spoil.
Remedy can still come from God.
Pastor Vee should pray for him.

UBN..

yMcy56:
It may even get to 4.60/4.50 if that's the target of the buyer...........but once it keeps getting attention like this, some news may likely be in the offing.......Or maybe it's the general banking bull.....

Best bet is to enter at safe junction....
UBN can't go below 4.50 before jumping back up again...

MANSARD..

yMcy56:
With a Dividend yield of 15.63% @N1.60....
Whosoever will mistakingly see Mansard at N1.50 and didn't buy, is definitely not interested in Insurance sector or has fund issues.

2 out of the numerous ones that has been directly or codedly mentioned in my posts at different times.......Geregu, JP, BUAFOODS, BUACEM, Fidelity, FCMB, HW, and quite a lot as Mr. Market , news, Financials dictates.

This is not to proof or justify anything but at least to clear the misconception of @IHelp . If these plenty posts are made and all you could see there is "North" and "South", then I don't think anyone can help you here.

Reading is just so difficult for some people. If you can read and decode btw the lines, you will benefit a lot from my posts as well as some pple's posts here.
**If you don't understand, simply ask question**
** Also note: I didn't say I recommend them, OGG, CP and the gurus do recommendations here**

Remember many people here have access to first hand and insider info but won't share it.......some after they finished loading, they'll come and share, while you're rushing to load at high price, they'll be busy exiting with profits.