₦airaland Forum

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

ojesymsym:
This calabash abi na mirror wen u de use seems to be very powerful.

Lol. I no dey use anything o. Na God's pikin I be.

The case of NGXgroup, when I searched thru their released result after listing that time, what I saw from my newbie's angle was enough cash, which CP will call oxygen.
I even posted it here but it seems na only me (aside CP) dey see am with spiritual eyes that time.......as I come shout and no one support me, I just rooted for what I saw, no shaken again.
Could have gone the opposite way but event of things later confirmed I was right.

That was how many missed out of CCNN's free money that time. Na only 2 or 3 of us see Wetin many didn't see.

Willie2015:
Those stocks are for the Meek...
Cos they will inherit the earth...

Lol.

Btw, GT and ZEE are both @25.15 also......
Make dem continue with their rat race..

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

NGX Rules applies here for Final result submission.

1. UNAUDITED Q4 FINANCIAL REPORT
* Unaudited report must be filed within 30 days after the quarter ends
** AUDITED must be filed within 90 days after the financial year ends

OR

2. AUDITED Q4 FINANCIAL REPORT
*Not to file Unaudited report at all, but file AUDITED within 60 days after the financial year ends.

Meaning:
* It is NOT compulsory for any company to file Unaudited FY report within 30 days.....
** A company may decide to file AUDITED once and for all.......but must be within 60 days.......
** If a company cannot still meet up, an earlier letter or notification must be sent to NGX to notify them.......failure to do so will attract fine.

Wapgod:
“No.3, I can't even remember noticing that Morgan allow a day extra to place order self.“

How does Morgan allow a day extra to place order?

I referred to @essentialone Number 3 reason........that, one house allow order to be placed and valid for maximum of 30 days, another allows 14 days.........
That's what I meant by "I can't even remember noticing Morgan allow valid order placed till next day self" .....worded differently...

What placing order for 14 or 30 days Means is that:
You can place your order today and choose the option to leave it there for 3, 7, 14 or 30 days......for execution.

Kereokwu:
MorganCapital does same for no. 1, that #50 is like tax or something. For no 2 and 3 I have not really observed, it might be same. @mycy can explain further....

Morgan Capital has Number 1 and No 3.......but will allow you use your money to the last Kobo, which is No.2.

For No.1, This should be general to all brokers.
Think it's stamp duty or VAT per each deposit and it goes to the Fed. Govt.
No.3, I can't even remember noticing that Morgan allow a day extra to place order self.

Think different strokes for different folks.......
Once you decide to go with a particular house, you have to abide by their terms and conditions if it suits you. If some are not stated but you discovered along the line, just try and adjust to it.
If otherwise, look for the one whose service(s) fits into your needs and expectations.

FIDELITY: Arrived KM 6!!
FCMB: Arrived KM 5!!
Shey na like this Access and UBA go just fold hands dey look?

IEI available today @99k.......
Those unable to enter before are jumping in...
Need to check for the buy-out info self.....

More cross deals ongoing in Univinsure..

E Ku market o.

essentialone:
Please evaluate these 3 stocks.
UPDC UPL Transcorp
Buy, Sell, or Hold?

*Update*
UPDC "Hold" if you have it.
Lots of patience required.,.......
Better to have below N1
https://doclib.ngxgroup.com/Financial_NewsDocs/37519_UPDC_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2022_FINAN.pdf

sincerelymine:
Whats happening here?

A new investor coming in possibly.
The volume has increased since mid January 2023.
Universal Insure seems to be working towards meeting the insurance recapitalization.......and possibly re-strategizing to deliver value to shareholders.

** Not statement of facts, just observation. We'll know what's up with time.......but the volumes are significant on the Coy's total share capital, and if it continues, may likely have positive impact**

yMcy56:
NGXGROUP
Is anyone watching how they're trading packing this stock since it hits 15.30?
I've said I won't say anything on it again since the bashing when we mentioned it here.
Same NGXGROUP I was under intense "heat" for.
**Closed @20 today**

Those waiting @ N10 or is it N2, E Ku waiting oooo.

yMcy56:
Thanks CP.
As far as I'm concerned, NGXGROUP na N28 naira stock according to your bedsheet...... anytime e like, make e waka reach there........

NGXGROUP closed @29 today.......nobody talk o.
Wow!! Only Mcy against Nsempas, and God wins.
Even CP that gave fair value after asking him changed tone self.
Make Una allow me rub it on you all in peace.
E Ku market o.

UNIVERSAL INSURE
Another set of 2.7Billion units crossed @20k.....
Maybe new investor is coming in.....
Let's wait and see....

Na so those ogas go pack the thing cheap cheap, come reap huge rewards.......over half a billion Naira spent so far......just today alone......

FBNH sighted @12......

SEPLAT: Up with +N115.00........now @N1,325

CORPORATE ACTION

GEREGU
Final Dividend: N8.00
Qualification Date: 27th Feb, 2023
Payment Date: TBA
Registrar: Meristem
https://doclib.ngxgroup.com/Financial_NewsDocs/37601_GEREGU_POWER_PLC%20CORPORATE_ACTIONS_ANNOUNCEMENT_CORPOR.pdf

MTNN
Final Dividend: N10.00
Qualification Date: 27th March, 2023
Payment Date: 20th April, 2023
Registrar: Coronation Registrar
https://doclib.ngxgroup.com/Financial_NewsDocs/37595_MTN_NIGERIA_COMMUNICATIONS_PLC%20MTN_NIGERIA_FINAL_DIVID.pdf

VITAFOAM
Final Dividend: N1.52k (for Sept Q4 FYE,2022)
Qualification Date: 10th Feb, 2023
Payment Date: 2nd March, 2023
Registrar: Meristem
https://doclib.ngxgroup.com/Financial_NewsDocs/37339_VITAFOAM_NIG_PLC%20VITAFOAM_NIG_PLC_CORPORATE_ACTION_FO.pdf

currentprice:
forget about the PE of 20x, all i see is cash everywhere.....
it N28 stock, if investors look at the growth rather than the current eps and pe
Fingers crossed

NGXGROUP .......@28
E Ku market oo.

@Currentprice well done boss.

Where is marketapprentic ?

Agbalowomeri:
Do you expect them to be adding N3 every month?

Lol. It's a challenge for them to also make hay while the sun is shining boss.
If bear comes, na dem go still lead the race. Make dem also gbe body now.

Boss, remember you said insult works faster

This GT and ZEE can be annoying sometimes......See as they're doing gbelo-gbebo upandan...
Even F.U.G.A.Z self......

Na for their face their pikin Geregu did 100% effortlessly....
Geregu @210...

FIDELITY, FCMB : Doing well in market....

currentprice:
interesting to read the discussion on MTN, I only checked Mtn report d year it was listed....

based on my bedsheet ^_opinion MTN fp stand at 230

note; price can go above the fp to their target price but for me and my household we cant buy Mtn at cp except more improvement....

yMcy56:
Noted sir.

November 10, 2021........

Though CP modified and added more to the post, the one wey concern me was the fair price of 230....think it was selling @160/170 or so... that time.

**Well, I must say here that it's not everything that CP says that I totally agree to........but will agree to the ones that align with my belief too**

CP, no recommendation from you in 2022, try and show up this year o.

Nuisance are all the blind followers who doesn't know that all politicians are self-centered and the same, we should rather pray for God's choice.

essentialone:
Sister mi, na my yeye portfolio I dey try to rebalance by doing some weeding, pruning, and trimming. But also being cautious not to cut off the fruits that may be hidden behind some weeds.

It's good.
There's volume for Universal Insure, you can pick some @20k and forget it there.
Do your DD, no talk say na Mcy say make you buy am o........and donk keep asking about update everyday....

SEPLAT
Up with 10%......N110
Now @N1,210..

UNIVERSAL INSURE
lots of volume @20k since yesterday.....
Fantastic Q4.....
Don't know why the stock still remains @20k, the Coy is doing well.......

FIDELITY
Seems to be coming out of pullback again.....

GreatEko:
It is below 20% required by the NGX.

Yes......but na dem dey the helm of affairs o. Lol.
...But he's planned to bring one big entity on board, maybe his overseas Coy again, who knows.
Will just appoint someone to front for him.

As he's still the majority owner, make we enjoy the ride with him first.

gbengafaro1986:
Hmmm Thats how MTN didnt credit our bonus shares ...wetin dey occur o?

Qualification Date was 31st January.
https://doclib.ngxgroup.com/Financial_NewsDocs/37432_MTN_NIGERIA_COMMUNICATIONS_PLC%20MTN_NIGERIA_COMMUNICATI.pdf

Entry of Jesus into Jerusalem signifies His messianic victory and peace to His people

GreatEko:
He owns more than 95% of the company and the free float is just under 5%, as at 31 December 2022.

Free float is 4.4%
So manipulation is very possible...... though he didn't own all the 95.6% all alone. Some directors also own smaller %.

There may still be interim dividend in the half year.

essentialone:
Please evaluate these 3 stocks.
UPDC UPL Transcorp
Buy, Sell, or Hold?

You're very big o.
Na every stock on NGX you wan get?
* For now if you don't have them, just stay out of their way.
Good to pick at bargain prices.