₦airaland Forum

thesilentone:
Madam @Mcy, please what is Mansard's story?
Their company secretary has refused to reply my emails so I'm asking for street news as per you are well informed on matters like this.

Lol.
News with regards to what or which aspect in particular?

BullBearMkt:
....2 year low. Price below 9.50 will be even better
But is the company still active in the country?

Still active sir.
Paid dividend of 0.50k last financial year.
Compliment Sir. Nice seeing you back on the thread.

mrrandomguy:
how do I retrieve my CSCS account?

If you are registered with a broker, ask.....
If not, simply send mail to CSCS at :

contact@cscs.ng

Wapgod:
What are the instructions to sell my UBN shares through this MTO at N7?
https://doclib.ngxgroup.com/Financial_NewsDocs/36990_UNION_BANK_OF_NIGERIA_PLC%20NOTIFICATION_OF_TITAN_TRUST_.pdf

There should be a form to fill......but I don't think it's out yet........or you may ask your broker to forward it if they have it.

Also try and set your E-Dividend mandate right with Cardinal Stone.......if you don't have active one yet.

UNILEVER
Sighted @10.50 earlier.......
Historical 52weeks low was 11.15.......

A good bargain @10.50?
I think Yes, but only time will tell.......Q3 also.....
*Just my opinion*

UBN
At long last, Titan Trust is buying out minority shareholders......
@Mpeace are you still holding unto it?

From my % calculations now,
Bulk purchase from majority shareholders is 89.39%
Minority shareholders: 6.59%
So, 89.39% + 6.59% = 95.98%

Who owns the remaining 4.02% .......Or maybe this was acquired off record.

** For those planning to take part in the Mandatory Take-over @N7, if not already seated in the bus, you have only today and tomorrow to key into it.

Qualification Date is Monday 31st October 2022
..BUT for settlement purpose (T+3days), you have to buy latest 26/10/2022.
REGISTRAR: Cardinal Stone

Mills55:
Please my people, has GTB paid this year's interim? I know they declared interim. If not, what's the payment date?

Already paid.
I think on 30th of September.

thesilentone:
The Private placement was approved at the last meeting, so this will still go ahead as planned regardless of the state of the market.

OK. Maybe it commenced already....

thesilentone:
For Fidelity, it is interesting to note that the insiders cannot make any trades until after 27th October.

So this question is, what has the market seen that is not yet obvious to the rest of us?

It could be that new investor is coming in......
Fidelity was planning to raise capital before now but guess this lull in the market has stalled the plan, so there's now but he possibility of them bringing in new investors......
It could also be that some institutional investors are buying stakes in the bank...... Future is looking bright.

** This is unconfirmed reason though**

Wapgod:
What time/month do they charge this?

Usually January or February.
For this year, I don't know though.....seems it's not yet been deducted.

To check is easy, simply check your portfolio account statement from January to date, if it's been deducted, it will reflect there.

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
https://www.ripplesnigeria.com/femi-otedola-sets-to-take-over-ardova-oil-as-zenon-wins-case-against-majority-investor/?amp

FIDELITY
Quite some volumes here.......

talk2me2:
I sense that the price PZ is being manipulated. Or can anyone explain the reason the bid for 2,000 shares @ 9.20 cannot be filled by the offer of 90,000 shares @ 9.20.

Sometimes, such 90k @9.20 is imaginary, non existing there.
Could be as a result of system glitch.

[sub][/sub]

thesilentone:
Another -10% Airtel today

Another -10% likely loading today again....

ASI on 17/10/22 Monday: 46,365.95 points
ASI on 18/10/22 Tuesday: 45,366.32 points
Difference: 999.63 points.

AIRTEL moving the ASI down faster....

Meanwhile, GTB is moving up gradually, slow and steady.....

GEREGU:
Q3- 39B revenue, 13B profit before tax.
https://nairametrics.com/2022/10/16/early-flier-geregu-power-releases-2022-9-months-interim-results/

DivineSkills70:
Sorry, I meant Morgan Capital. I saw they charge N2,500 annual fee.

Morgan Capital charges N2,500 annual maintenance fees from inception.
Normally deducted at the beginning of the year.
This was also clearly stated somewhere on the website.

angelo82:
Hi to all my traders in the house.Hope you are having a great moment.@Lance,I hope you are doing great.I am back to NSE as volatility will resume soon.

mercylicious234:

Nice to see the old timers returning to this thread!!
Was familiar with Oga Angelo's posts when I was still following this thread from guest mode that time........
......and mama Mercy, very wonderful Sis back then.

Warmest welcome to Oga Nosa2 as well. The moniker rings bell.

You are welcome back Sir/Ma!!

We hope to learn more from your wealth of knowledge.

Willie2015:
Dat GTB trouble maker...
Na village people..
Just leave am....

Over 54M done so far.......
The entity must have had the shares in millions or billion self.
The more he's selling, the more people are buying, including cross deals........ No be small thing.....

currentprice:
For UCAP

Renewed interest in UCAP.....
Trading at day's high today already.......12.45....Up with +N1.10...

ositadima1:
Airtel Afri doings is enough to drag d index down, sef.
-10% AIRTELAFRI = -2.37% ASI

Good observation.
Same thing I was telling one Oga here that the big caps alone are enough to drag the Index to the predicted next support, and within three days self, it should be there....

Between Friday and Monday, AIRTEL played the major role in shedding the ASI by 1,203.45 points.

A combination of AIRTEL, Seplat, Nestle, DANGCEM and MTNN, will drag the Index down faster than we think...
Meaning, some stocks may just keep doing marabout around their present price without shedding much for longer time, maybe till respite comes for the market.

Make Una pardon my quack analysis........not really analysis self, na indepth view and personal opinion.

This GTB trouble maker don come again......
Placed 7M single offer at day's high, @19.65......maybe to create panic and prevent the price from moving up....
If he sees it going up, he'll remove it again.....just the way he did for the 4M he placed on Friday......if he actually wants to sell, there are bids, let him clear the table.....
God knows his house number.....

** He don remove am again......

COURTVILLE:
Started crossing it today again.......@0.48....
Hope SEC won't keep delaying unnecessarily.....

UCAP:
Responding positively to Q3 improved result......

Agbalowomeri:
My bad o
Let me order new goggles

Oga don't forget to tell us the correct EPS and your updated opinion after you don change your goggle lens sir.

Mpeace:
Sometimes its easier to enter than to pullback.

Meaning?

Btw, you don see our Q3 result?
https://doclib.ngxgroup.com/Financial_NewsDocs/36925_GEREGU_POWER_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR_.pdf

GTCO:
Sighted @17.50!
17.50 offer almost gone.......
Is the dumper still coming?

Watching that 4M guy maybe he'll remove the bid when buying is getting close Or maybe he actually wants to sell Or maybe it's fake offer.......
** He removed the offer before closing. Lol*

*Not any for of advice. Just what I'm seeing in market for update purpose. Mcy will not be hold liable for any of your actions *

GTCO
One Oga don carry vawulence 4M single offer put for 18.55......lets see what they're up to again...
Another 14M or thereabout placed and removed again.......
Maybe the guy has about 20M more units to go....

Just looked like ZENITH is waiting on GTCO....

* Pls not any form of advice*

Mpeace:
I left FBNH because of Otedola. I no fit enter any company where otedola has controlling interest.
Last last Gerugu will go like forte oil. They will pump and dump and sell.
I never had an eye on Geregu.

I think Otedola and wale tinubu belong to the same class.

Better no dull yourself.
We are no longer in the analogue era. You'll just have to be at alert when you think you're sighting "danger".
Could then be danger to you or pullback to another person....

GTCO
Offers sighted to be thinning out since market opens....
Quite a considerable units offloaded @17......
Bids now lined up @17.....
Let's see if the dumper is renewing energy, on recess or he's getting tired......
E Ku Market o.

Mpeace:
For those that need geregu. Its available at 123.

* Geregu now @110.....
* Listed at a time the market is shedding.....
* Think the best bet now is to wait for it below listing price because e be like say your eyes no commot there.....
* They are still coming to the market to raise capital, there may be some pumping by/before then.....
** Just my opinion. Ote$$'s boys may pump the price**

GTCO:
These sellers and cross dealers just dey vex anyhow.....
Quite a lot of buying, selling and cross dealing are ongoing in the background........
They'll exhaust their energy one day......

All these 555Ks, 665Ks are from the background...... Watching what their mission actually is.......but by the time they're satisfied now, all the stories of rate hike, election palava, dollar/naira, charts, will then be meaningless, we'll now be wondering what has changed......
Who says money and power doesn't control this market? Lol.

juniorrate:
364days ntb @13%, that’s not really good for Nse

Maybe this is the reason for the spike in volume of GTB and Zenith..... Yield still higher than 13%.
GTB around 18% @16.85
Zenith around 16% @19.45
** With possible price appreciation as perks**

MANSARD, LASACO, STANBIC getting more interesting...
Mansard @1.50 (0.375k), LASACO 0.85k (0.21k), STANBIC 28.10........as at today's price

Oloro29:
@Mercy pls what is the conclusion on IEI takeover. Thanks

IEI AGM Resolution:
* 49.4% Mandatory take-over approved @ N1.60k
* Directors to take all necessary steps to implement this.
https://doclib.ngxgroup.com/Financial_NewsDocs/36895_INTERNATIONAL_ENERGY_INSURANCE_PLC%2043RD_ANNUAL_GENERAL.pdf

thesilentone:
The folks feeling trapped in NB, Nestle and Guinness, not to worry - madam money @mcy will come shortly.

It's well o.
Think being trapped with no one willing to buy is a kind of blessing in disguise too...
Reason, the fall will be minimized and share price will keep closing same for many trading days, thereby reducing portfolio loss. In the process, bull may even catch up with it at the spot.
Only those in need of liquidity may be affected.

This time shall also pass.

BTW, you're doing well sir. Learning from your invaluable contributions, and your TA stuff is helpful too.

Phlinx:
Where are you these days?

I don go find work for Loco's site......as Peter said make we sell in May and go away.... .....Same Peter that traded in July.
Thanks.

Wapgod:
Can you explain more on this phrase:"Dem don chop the meat finish come throw us bones in relation to geregu"

Bros, na literary meaning o......may or may not be true in the real sense.

Their 3rd quarter result is on its way, we'll be able to see much clearly how the Company is performing.

If you're in GEREGU, you belief in the company and you're a risk taker, stay put.
If you're afraid, you can move to other ones that gives you peace of mind.
If you want opinion, state that you needed opinion.

Just remember that investing in NGX is a risk in itself.
So, pick one out of the "ifs"...

Btw, I read somewhere that the coy isn't doing badly though.