₦airaland Forum

Harvestock01:
Hi ma'am
Do you by chance have any progress update on this Ardova project:/

Plan was for Dec 2022 before but Q2 2023 is the new expected completion date.

ZENITH: Sighted @24.75.......Up with +1.25!......some profit taking ongoing in-between...
GTCO: After dumping down to 20.50 yesterday, is trying to keep pace again......back to N21....
PZ: Renewed interest......maybe due to Q2 release...and also the juicy special Dividend of N1 previously announced as a result of sale of assets....
NEIMETH: Also doing well sighted @1.45 so far...
NGXGROUP: Slowly climbing up from recent low of 17, sighted @24.10 as at now.....

.
E Ku market o.

ZENITH.......buy pressure
GTCO......sell pressure
ARDOVA......trading at +10%.... day's high..16.75..closed 16.70
LEARN AFRICA, NEIMETH......getting investors'attention
CHAMS.....Bus still at car park
NESTLE.......Sell pressure still persist
**Just market observation for today**

yMcy56:
DANGCEM
** Another share buy-back possibly coming........subject to shareholders approval at the EGM (Extra-Ordinary General Meeting) coming up on 13th December, 2022
** 10% share buy-back representing 1.687Billion ordinary issued shares.....
** Pls read the terms very well and understand the conditions attached to the buy-back........
** This post is for info purpose only.....
https://doclib.ngxgroup.com/Financial_NewsDocs/37237_DANGOTE_CEMENT_PLC%20_NOTICES_OF_EXTRA%20ORDINARY_GENERAL_.pdf

Another set of Share buy-back representing 10% of issued share capital approved by shareholders at the EGM
https://doclib.ngxgroup.com/Financial_NewsDocs/37305_DANGOTE_CEMENT_PLC%20RESOLUTION_PASSED_AT_THE_EXTRAORDIN.pdf

I think risk takers should pick some to dine with Alhaji if not yet seated in the bus.........and be ready to be patient to go medium to long term.......DD applies.

ojesymsym:
If enaira is adopted, (at least to the extent I understand enaira) then banks will no longer enjoy many of those charges they used to enjoy from our transfers.

Banks always find ways to make money in different situations..

BUACEM: @97.75.......we are roughly N2 to first target, KM 100........

ZENITH: Sighted @23.50! Getting investors' attention......back to 23........much volumes in their upandan..
GTCO on the other hand saw village people queue @21 in series of chain offers at that spot......we'll see how GT handles them...

CHAMS: Driver don arrive bus stop to pick passengers for another round trip in near/far future.....

UCAP: Sighted @13.65...

emmanuelewumi:
Financial institution don't accept Bua as collateral, those who do discount it by 70%

Their loss.


BTW, FCMB sighted at N3.50.......from 3.25.....

essentialone:
McNichols bonus shares received

At long last. A relieve right?
Think it's best left for medium to long term.......or until there's another good news to drive the share price.
**Overall/final decision is solely at your discretion**

customstreet:
I AM GIVING YOU INFORMATION ONLY FEW PEOPLE KNOW

Looks like you're giving insider info.....thks.
If ARDOVA is planning delisting, then, this may not be too good for retail investors.
How much can they pay as exit price when they're already running at loss and also owing ZENON Oil substantial amount?
The delisting plan has K-leg for now.
Well, let's keep watching the drama as it's unfolding....

essentialone:
"to review the Company's business within the context of current operation realities....." with our tail in between our legs?

Though I didn't grab what you meant by "tail in between legs" here, but let's keep eye on whatever they're coming with.....
Same way you were told about ARDOVA @circa 12.60.......
** Not saying you should rush to buy ARDOVA high if you didn't pick that time o. We don't have a clear picture of what's coming for now......
** Not saying anything will happen in UNILEVER either, just for us to be on the lookout in case.....

August 09.

essentialone:
Beware of Ardova Plc

yMcy56:
Time for us to keep following up on the back and forth btw Zenon Oil, Prudent and ARDOVA.......
Seems some dramas are loading here.....
We'll be observing from the sideline from now on.....

emmanuelewumi:
So why should SEC force him to sell. He can't be forced to sell and people with the means in Nigeria and abroad can't be forced to buy either

yMcy56:
All well and good.
In as much as the manipulation or whatever is making the minority shareholders laugh, it's fine and good.
Let him sha move the share price to N100 first........

June 04 2021 posts.
BUACEM closed @91.70 today!
Oga Emma and the Old CCNN investors here, E Ku market o.
My tashere Registrar's copy is showing +576% gain!
Could imagine what the long termers would be feeling like by now......
Think I've always prefer BUA to Wapco, though both are good. Maybe one day with 3xtra dose of patience, Wapco too may be able to make her investors also smile.

Agbalowomeri:
Lunch for two. I am bringing @yMcy56

Agba see as someone is watching you right now.....

Ginalex:
please how can I get the commitment form?

You can request for it from your broker...
You have to fill and submit back to broker for processing.
Offer closes on 7th December 2022.

UNILEVER
Emergency Board meeting coming up on 14th December to review the Company's business within the context of current operation realities.....
https://doclib.ngxgroup.com/Financial_NewsDocs/37280_UNILEVER_NIGERIA_PLC%20_NOTICES_OF_BOARD_MEETING_(BM)_%20.pdf

GEREGU
Discussion with Fund for Export Development in Africa (FEDA) to acquire some portion of Geregu Power shares.....
FEDA is the impact development arm of Afreximbank..
https://doclib.ngxgroup.com/Financial_NewsDocs/37275_GEREGU_POWER_PLC%20FEDA_DISCUSSIONS_CORPORATE_ACTIONS_DE.pdf

Loco hope you're doing your Jijo here.....
From 100 to 130 before.......
From 130 back to 100 this morning........to pick another Jijo set.....

AIRTEL AFRICA
New IFC loan facility....
https://doclib.ngxgroup.com/Financial_NewsDocs/37283_AIRTEL_AFRICA_PLC%20NEW_IFC_LOAN_FACILITY_CORPORATE_ACTI.pdf

ositadima1:
Got it from good old google.

Thanks.
I also have the form......but wanted to be sure because I saw somewhere that the form could be filled online in Veritas portal. Having searched but didn't see it, that's why I came to ask here.
Guess they don't have yet.

VERITAS REGISTRARS
Please does anyone have link to Veritas E-Dividend mandate form online? That is, filling and submitting the form on their website?
Kindly provide the link please.

GTCO
Seems to be on its way to 21.....sighted @20.80...

FCMB
Huge volume @3.25...

CITITRUST COMMERCIAL PAPER
No one is talking about investment in CITITRUST CP?
For those looking for less risk investment, food don land o.
Offer opens: 23rd November 2022
Offer close: 7th December 2022.....*extended to 21st*
Minimum amount: N5M only....
Contact: info@morgancapitalgroup.com

** CITITRUST plans to list on NGX sometimes this year....before, but guess 2022 won't work out for the listing again.

Princkez:
House I ask again....any news on ARDOVA? Full bid again..

See October 20 post below....

yMcy56:
ARDOVA
Initial and usual denial??
https://doclib.ngxgroup.com/Financial_NewsDocs/36963_ARDOVA_PLC%20ARDOVA_PLC_PRESS_RELEASE_19_OCTOBER_2022_CO.pdf

https://dailytrust.com/ardova-clarifies-position-as-femi-otedolas-zenon-oil-wins-19-2m-judgement-over-forte-oil-sale
..

Judgement already made in favour of Otedola and some news carried it that Otedola is set to take over ARDOVA..... but ARDOVA claimed issue is btw ZENON Oil and Ignite or so.
Some people may have inside info or be pro-active by buying aforehand, in case the odd goes against ARDOVA.
** Don't know if ARDOVA appeal the judgement or not
**No concrete pointer yet.......to the public at least.
** Thing is: Otedola is planning to come back to the downstream industry
** You can just keep tab of happenings here....

** Caveat: Not any form of advice. Just market update**

Mpeace:
Wow. Just opened my account. I didnt log in yesterday.
Mtn is really doing well. Atleast for the past two weeks.

Lots of cross deals recently.
Another 13M+ single crossing today again.
Think it's better to siddon jejely there and be watching what they're up to.

Meanwhile, lots of volume in FCMB @3.25 today....

essentialone:
I have some UBN shares ooo. What should I do ?

Upon all the UBN back and forth posts here?
Una try.
Think you have the option to sell on the floor before suspension is placed on it, because Titan already started payment of exit price to investors........
OR risk going with Titan.......and the risk includes forfeiting your shares eventually.

Morgan Capital is back!

Cc: Lancee

Agbalowomeri:
But I am only hoping that GT gets to 69 so that you can sell

You know say na you like 200% and more, double and more than double things.....

lancee:
Morgan website not opening ..any other ways to login ymcy56

It's privacy issue and they're trying to resolve it.
Think we'll have to be patient, not expected to take long.........and not advisable to login thru unsecure channel. There's no cause for alarm I Blvd.
I'm viewing from another house.

Agbalowomeri:
Waiting for you at KM69

Agba you don spoil sir. You'll need holy water to cleanse your mind.
Whatever 69 means, I don't know, I be small pikin....and don't bother with explanation...

GTCO
Sighted @20.50......Up with 0.50k...
Na so the stock dey Waka back up small small.....
Someone is still waiting at KM 12 sha, una go need Vita Foam to sleep there o......

Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/37260_FCMB_GROUP_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR_20.pdf

@Mcy I wonder y una no talk about this fcmb q3 result released 3days back. Them try well well. About 70% increase in PAT

Lol. Saw it but didn't have chance to open and check...
Soooo, if FCMB performed well and FIDELITY is sitting at circa 4, it's just a matter of time that FCMB will arrived that avenue too...
Make Una check the result and see if all parameters also align sha.....

UCAP:
Sighted @13.40!
Up with +N1.10! Any news?

MULTIVERSE
@N4.40 with some background crossings ongoing......
@4.40, it's trading 0.44k pre-reconstruction......
Has delivered over 100% since after reconstruction.....(price opened@2.10).....
The entire total issued capital is now very small......think less than 500M......though still with Unissued share capital of around 4B, we see how they plan to do this one, could be in terms of right issue, cancellation or whatever the mgmt agreed on...

essentialone:
*22 Nigerian Stocks that can make you smile in the next 12 months, and their current prices*
.
By December 2023, some of these stocks might have given you 100% returns....

Lol.
Those guys just packaged big big companies full that list........I didn't even see up to five giving the mentioned 100% return there.....
The ones that will give the 100% easily have been overlooked.......
Not saying those ones won't or may not deliver something o, but note the "easily" deliver in my post...........lol.
Besides, some of the coys in the list are high already @ their given prices, so giving 70-100% will be very tasking.........Except there's XXXL gigantic bull from Burundi

locodemy:
CBN don carry 16.5% rate scatter our market.
Na to begin arrange for another consolidations be that. See as everywhere stand still.After all Wetin wan happen go still happen

There's much resistance in the market.......
* Zenith seriously fighting shedding, so also GT, Access and others.....
* The Telecoms are not giving in either........Much volume and cross deals from MTNN, AIRTEL also inched up....
* I think the fall in Nestle's share price is necessary to create room for a comeback......Just my opinion....
* The person or entity buying ARDOVA seems to be codedly doing this to avoid official price mvmt.....

Agbalowomeri:
No be the kind meat wey you and your boyfriend Sam Loco dey follow

Lol
The N98M funds that picked 100k units @963 will buy orisirisi penny stocks in large volumes......
How I go get that kind fund come stake on NESTLE?
I just dey speak for bargainers wey get interest ni.....

NESTLE
Down with -10% .......From N1,071 to 963.90!
See as bargainers rush am @963.....
The kind of fund that will move this one up/down can only come from the protruded pot bellies.......no be ordinary one.....
Make Una allow am come down to circa 700, to enable freshers join as well.....
Bargain hunters to keep monitoring the Southward mvmt to know when reversal is likely in sight...