₦airaland Forum

Chibuking81:
Election things.

Oga Chibu long time .

From observation, it's only GTCo and Zee that are badly hit so far.
In fact, it looks like it's only GT, but just dragging Zenith along. Other stocks are defending their share prices.

My take: These two especially no dey fear me. I think those inside the bus should just be patient. Those planning to enter should be picking in tranches.
2nd quarter is around the corner. Interim may help stabilize them if the lull should continue till then.

Going by Oga Oracle's TA, Agba's long term prediction of GT, I think the end of the falling should be getting closer. We see how it goes sha.

GTCo:
This person or entity selling GTCO must be obesed heavyweight...........SO also ZEE.
By the time he's done, GT go breathe in and out.
@21.85 now.......
Bargain hunters also picking along the downlane.......
I have the feelings that the person or entity will be back.....to buy his stakes back.

@edwardaigb hope you're also watching GT and Zenith in market.....

In other news, NGXGROUP is holding up in the market @25..........
M& B below 4.....
First Bank : inching up.... @10.50....

It's around times like this that one appreciate the importance of not concentrating portfolio in one sector.....

Mpeace:
Transcorp and their yeye bids/offers
Which one is 55million bids vs 53million offers.
In short, transcorp is on full bid and full offer at the same time.

Lol @ full bid and full offer same time...
The stock is too liquid, the more they're mopping the more offer is coming up.........but this time around, it seems Tony's hands is in it.......they're moving it gradually......
Maybe they're planning reconstruction ahead too, who knows.

Mpeace:
Company that will soon come to raise capital after the price manipulations
Answer: seller want to sell at higher price. As soon as much bids come at 13, he sells down to 12, then manipulate back to 13 and allow bids to grow

Lol.
The activity happened once so far.......
UCAP has been holding up @ above 13 for a long time now.....
The 10M unit on offer table looks fake to me, the actual offer is 3M+ .....
Let see who's right and wrong....

Btw, AIRTEL is in a world of its own......

GTB, the seller is tactically selling @22, your illustration described GTCo the more...

UBA now 7.60!! I'd suspected that 50M single bidder @7.50 or so for a long time....lol. ....been thinking they might find a way to drag the share price down to their junction.

These 3 stocks are mainly the ones one heavyweight is selling: GTCO, ZENITH, UBA........
Election is coming, could it be that some politicians are offloading to get liquid for campaign??
Could it be one moneybag eying oil biz or Otedola trying to generate more fund to buy one/or more of the integrated power project that the FG planned to sell??
Guess the same guy/entity was crossing Access, Fbnh and Fidelity before now........
Well, whatever it is, we keep watching Mr. Market....

UCAP:
Someone sold down to 12.40 earlier......and it immediately jumped back to 13/13.05.......
Two 5Ms suspicious on offer table.........why didn't the seller clear available bids?

Lol. Don't mind me, just thinking out loud....

Dollarwoman:
I need contact of GTL registrars. Yet to hear from the as regards to my GSK dividend. Very urgent Please.

You can call this number:
Don't know if the mobile owner is still with GTL but it's a number from Customer Service, you may request for working number or redirect.
01 6310942 ext 173 ; 012793160 - 62
08154283482
08038403983 - Udoh

GTB 22??
ZEE 23??
UBA 7.70??
Bargain hunters food don........

ZEE closing: 22.85!
GT : 22.20!
UBA: 7.70!

Slimdove:
@ YMCY56 Loco finally show face today,sighted at the sideline observing

Lol. He's back for some days now.........on the sideline as observer. He'll comment when he's ready I guess.

Btw, Oga @onegentleguy, above reason sounds more like it for the sell off by Otedola........
He's wise, retaining his number one position in FBNH despite the urgent sales. He may likely be back again.

DeRuggedProf:
Dear Ma,
Read this: https://proshare.co/articles/femi-otedola-sells-down-2-of-his-equity-stake-in-fbnh-to-5.57-from-7.57?menu=Market&classification=Read&category=Stock%20%26%20Analyst%20Updates

Prof Prof! E Ku three days.
Those analysts do guess too......they don't have all the facts.
Note the clause where they said for reasons best known to him too.
Hope you know the qty sold wasn't sold to retailers......and wasn't sold on the floor, it was cross deals to another moneybag.
Don't trust those guys too much sir. They always have agenda with selfish interest.
Besides, even if it's 5.57%, Otedolà still remains the single largest shareholder.

OANDO
Oando Clean Energy Ltd, a subsidiary of Oando Energy signed MOU with Lagos State LAMATA to launch electric mass transit buses

https://doclib.ngxgroup.com/Financial_NewsDocs/36130_OANDO_PLC%20OANDO_PLC_%20_PRESS_RELEASE__CORPORATE_ACTIONS.pdf

@thesilentone
You're doing well.
Read your exchanges with Oga Oracle and I must say we have quite a lot of gurus on this platform, only that most of you are hiding.
Make Una dey come out of your "shell" once in a while or often so we newbies can be learning too.

In another news, today 9th June is the last qualification date for Courtville........ For div hunters.

dharpzee:
If you are waiting for it to get to N9, you might miss out, as Femi himself might still comeback to mop it up.
I dont believe he would just let his full intention to sell some part be known. Lets keep watching!!!
NOTE: Qualification for their 0.35k dividend is Monday 13th, so lets keep that in mind also.

You seems to be thinking what I thought of too.

Otedola may need to quickly take care of certain contingency or acting on the inteest of another friend, thus cross some FBN units to him.....
How much is 600M+274M units sold compared to the billions he already acquired?
Is he going to now neglect the remaining over 7% shareholding in FBNH or wouldn't he still be interested in generating profits on that?
He's selling now, he may again come back to pick more than the units self. You can't predict those power hungry guys.
Maybe I dey over-think it sha, make we dey watch.......

edwardaigb:
......

@Edward I sent you PM but no reply.
I actually posted what I intend to tell you on the forum but deleted it again......this is it:
You can also do DD on PRESCO and MTN. Both seems to have inched up after then.
Had to come look for your post to copy you.

ACCESSCORP
Another 83.4% acquisition of Kenyan Sidian Bank......
Making the 2nd bank acquisition in Kenya...
Expansion plan continues......
https://doclib.ngxgroup.com/Financial_NewsDocs/36138_ACCESS_HOLDINGS_PLC%20PROPOSED_ACQUISITION_BY_ACCESS_BAN.pdf
https://guardian.ng/business-services/access-bank-in-fresh-37m-kenya-acquisition-deal/

AIRTEL:
Reversing the pullback again??

** Just market update**

Besides, E Ku Jagaban's victory as APC Presidential Candidate o.

yMcy56:
Na just gambling nah.
If Tony is ready to move, dem go move am o.
What if he comes in form of share buyback? Not saying he's coming for this o, just possibilities........

yMcy56:
TRANSCORP
Looks like Tony and his cronies hands are now in it........Maybe the time we've waited for.....

TRANSCORP! Sighted @1.39 earlier!
@Mpeace hope you're still in the bus .......
I hope Loco is still in the bus too.....

As for FBNH, risk takers should just keep eye on this space as well.........let them keep dumping it.....
They forgot that if Otedola exited around 874million units for reason best known to him, it's another heavy duty that's buying............we keep watching how the billionaires are playing the game....

E Ku market o.

FIRST BANK: Roughly N6.7 Billion spent on cross deals today AGAIN!!

ojesymsym:
I am wondering if your advice on GTCO and UCAP are suitable for his kind of needs. If he was a dividends hunter perhaps, but his questions seem more suited for Jijo or growth stock. Anyone that puts a short time frame like that, one has to be careful the kind of advise you give them.
Just saying sha and also looking out for you.

Thanks bro......and thanks for taking out your time to comment on this.
God bless.

edwardaigb:
Thanks and God Bless you.

Amen.
God bless you too.
Try and target bottom in anyone you're picking and avoid FOMO......
Picking in tranches too may also be good.

I come in peace.

Plus10:
Thanks

This is Morgan Capital's Acct numbers:
* Zenith bank acct: #1013840874
* Polaris bank acct #1771365357
* Acct name: Morgan Capital Securities Limited

Quite a lot of accumulations and cross deals in some stocks......

Plus10:
Please do you use morgan capital as your trading broker?If yes please how do I fund my account with them?

You got answer already.
Just transfer fund to Morgan Capital's Polaris bank acct: #1771365357.
If you transfer from the bank acct you registered with them, you'll automatically get a reply and will be automatically credited to your trading acct.

*Note: Always confirm fund deposit and ensure it's in your trading acct. It's just for follow up purpose*

Olaide1295:
Being buying the dip on Zenith and GT (new on both stocks). Not funny o.
My average price for Zenith 23.6, for GT is 23.8. Anyways, I'll keep loading more.

Both are good stocks to have in your portfolio.
I don't think you can be wrong with both.
You can just be picking in tranches as they're crashing the price....

ZENITH:
Those guys at the bottom of the offer table with 5Ms were/are they on mission to crash the price or they're for real??
Being observing this for some days......

NB
Getting some attention again.......@59 region...

yMcy56:
E Ku Market oo.
See as everywhere silent...

NAHCO: Think it was mentioned that people should look for pullback here and key-in, I'm sure someone like Peter will be waiting @N2........

FBNH : Holding up so far.......and somehow looking up....
I'm sure Otedola would have been watching all of Una dumping yesterday and saying "well done, keep it coming to my junction"

26th May 2022

BTW, Market is generally dull........
Some sell off in the likes of ZEE, MTNN, INTBREW, FIDELITY........maybe expatriates, after dem exit, locals go take control again......
Before dem come, na locals dominate the market.......

FBNH: Another 34.9M units crossing @11.20.......
Otedola has been confirmed to be the highest single shareholder in First Bank with 7.57% (or so) units held So far........not sure of the % now....

Transcorp : Quite a lot of accumulation here.....
So also ACCESS,

@Nigerialabalaba
Concerning Multiverse, I read in one site before now that they already did the reconstruction. Maybe writing to SEC was just a formality to officially update the share price and all that.

Though I don't know how far this could be true, but I actually don't trust all these SEC guys with their carefree attitude to work.

Share price to be updated to N2.00 while share holdings will he divided by 10.

Multiverse already on suspension today without any official mail to that effect.
It well with our country.

These DANGSUGAR guys are annoying.......See as they queued up @17 and couldn't move the price up by +10% !

NAHCO
Sighted @7.14......

edwardaigb:
Madam Mcy, abeg when masnsard dey pay their dividend? thanks a bunch

It was supposed to be May 12 but postponed.
Someone posted the new date here, likely June now.

Mpeace:
Meanwhile there was news on media about titan bank purchasing 89% of Union bank. I thought the rule is that a bank cannot own a fellow bank? If So, thenwhen does titan intend on buying us out cos I dont intend to hold any unit of titan trust bank for now.

Where did you see that rule? Maybe it's been scrapped sha.

Titan purchased UBN @7 Naira.......poor price I may say for a whole UBN!! Dey don scam shareholders.

What if Titan won't buyout the remaining minority?

They may decide to change Union bank name and go as private coy or list on NGX..........maybe this will be beneficial to minority shareholders instead.

https://leadership.ng/997-2/

MCNICHOLS
Board meeting slated for 9th June, 2022 to consider Rights Issue on Unissued Shares of the company.....
https://doclib.ngxgroup.com/Financial_NewsDocs/36108_MCNICHOLS_CONSOLIDATED_PLC%20_NOTICES_OF_BOARD_MEETING_(.pdf

onegentleguy:
I remember when some persons were arguing with me on WEMA here... when the coy was trading for <54k.
At the time, I said that the bank was the best GROWTH STOCK in the banking sector.
And they were almost going to crucify me.
well, the rest is history now.

Mr Time has now helped put matters in their right perspective.
You see why I love that man Mr Time!
It is well.

WEMA is doing fine recently.
Can remember how you kept hammering on it here.
Davido's advert and deposit challenge also helped the bank's ministry.
It may move it's level to 2nd Tier bank if it keeps up the performance.