₦airaland Forum

yMcy56:
FBNH
These guys aren't joking!!!
Over N3 Billion staked within 15mins of market opening........@N12
First bank may end up reaching N20 or more if it continues like this......

N4.2 Billion as at now.....

FBNH
These guys aren't joking!!!
Over N3 Billion staked within 15mins of market opening.......@12
First bank may end up reaching N20 or more if it continues like this......

highcurrent:
Loco, mcy.... See as you guys forced oga Peter from his castle....
But we believe in transcorp sha

Lol.
Peter's memes will not allow us hear words here if and when Transcorp starts moving. Still cooling off now.

FBNH
Other batch of briefcase guys arriving.,....
Seems they're deliberately depressing the share price so they can buy more......,.then move the price up again....

The type of funds chasing First Bank no be here........
Over 35 million units done so far.......

We will sha know what's up here las...las.....

There were some last minute moves in FCMB yesterday.........we are watching them...

E Ku market ooo.
E Ku FBNH....
Sighted on full bid @11.70 earlier...........currently trading @11.60 with 100M+ bids against 5M bids as at now......

ACCESS
Accesss not relenting in her expansion goal........another buy-buy again........
Completed acquisition of 78.15% shareholding in Banking Corporation of Botswana Ltd (BancABC)......

78.15% is pretty much...
May buy out minority shareholders in future.

https://doclib.ngxgroup.com/Financial_NewsDocs/ACCESS_BANK_COMPLETION_OF_ACQUISITION_OF_AFRICAN_BANING_CORPORATION_OF_BOTSWANA_LTD.pdf

TRAN EXPRESS
This one the managing director resigned...........
https://doclib.ngxgroup.com/Financial_NewsDocs/34253_TRANS%20NATIONWIDE_EXPRESS_PLC%20NOTIFICATION_OF_RESIGNAT.pdf

veecovee:
Meanwhile, I couldn't do anything on my account today. Morgan said cscs is responsible for the suspension on my account and that they are in contact with them about it since toady.

Pls is anybody aware of what the matter could be? .

Think it's similar one that happened not long ago.......about the KYC stuff.
Maybe one staff member just wake up and suspend accounts without checking the updated records......

If you haven't update your records, maybe you need to contact your broker and forward necessary updated docs to them sir.

salanda:

Yeah when I collect my Champion loot we can go and look for Peter at Transcorp Hilton

Abeg allow Peter be in peace.
He's still waiting for his stock's turn........
Chai!! This Transcorp dey fall hand no be small..

Princkez:
now 81M bid...

88M bids....

First Bank on full bid @10.65!!!

Nigerialabalaba:
I dey look as people dey hype champion too. Make I beg una, no go buy empty beer bottle o.

So as you want to dey load am from N2.50 and above, abeg use sense o so that if raysun decide to pay you N1.20, no choke o. If you take the offer or not, dem go still go ahead and las las give you one NB for every 20 champion.
N.B. all dis na ma sense work, abeg no vex, still do your DD. Igi pawpaw o ni wo pawa o.

Raysun picked at 2.60 and at premium.............risky to project high price for the remaining take-over.

megawealth01:
Where's Peter?

In Transcorp Hilton......

salanda:
Should be heading to 4.
I am on

Nothing points to likely price in the bulletin.
Last time, Champion was picked @2.60 by Heineken thru Raysun.......
I dont think the price will reach N4...........
Its my opinion anyway, who knows, I may be wrong.

First Bank...
Sighted @10.65!!!
Moving towards full bid??

Caveat: Just market observation.

Nigerialabalaba:
Madam, nothing wey you write on top Oando go change dem mind.
Abeg just do your own and end am with DD applies. I sabi pesin wey buy 2m units of Oando for N2.50 wey sell am N5.50 , within 2wks made almost 5 mila and you dey hia dey preach. c

Noted and modified Oga labalaba.
Na wetin I see for market I talk.
Not in any way implying that anyone should or shouldn't buy.............just market observation.

wanaj0:
OandO Ok ooooo
Continue
Eku market oooo

Modified.

FBNH
Over N2.6Billion staked as at now.......
Lots of buying going on @10.40......
Something is definitely brewing here......
Na to follow the money....

FBNH
Power tussle has been ongoing before now........
Mike Adenuga faction trying to take control of larger % shares.........
Oba Otudeko might have been left with no option that to sell his shares in First Bank to repay the loan to save Honeywell Plc.....

** Oba Otudeko must have been selling his first bank shares.........
** First bank selling Airtel shares in share buyback.......
** The amount to be raked in by FBNH must have been more than the N88B earlier mentioned if FBN is selling both Airtel Nigeria and Airtel Africa shares...........cos Airtel is buying at premium..,.

Lol. Don't mind me, it's just my way of looking at things from my amateur's angle.....

https://highstreet.ng/how-mike-adenugas-taking-over-of-arisekola-alaos-significant-shares-allegedly-caused-first-bank-crisis/
***Link is April 2021 story*

119mba:
Pls. @Mcy56 can I get this traded orders on itrade platform?

Yes. The data was from Morgan iTrade.
When you login:
- On top left, click on the icon......drop down box will appear
- Select "Trades", you'll see the trades on all stocks
- On top of the page, type or select the Company symbol you wish to view its transactions in the column **remember to pick the symbol from the system, it won't recognize the one you type by yourself**
- Click/select the purpuish icon in from of the colomn
- It will display trades for that particular symbol
- You may use cursor (finger if it's phone) to drag the columns closer for better view.

Make una see cross deals for FBNH ooooo
They will sha let us know what's brewing later......

Princkez:
no be small bullion van,offers below #10 have been cleared

All offers up to N10 cleared...........some cross deals @10 also done......

Seems there's more to this FBNH news than we know.......
If an entity made cross deal @16, then maybe they know much more than we know.....

Lots of mopping ongoing @10 again.......

First Bank's bullion van just arriving Customs Street.....

locodemy:
I am not yet cleared here.Data not well captured.How come mytradebook didn't capture 100k units at 2.30 and captured the last trade at 2.31.
Anybody with another platform data here?
Screenshot will help abeg...

Delayed data capturing possibly............
100k bulk unit was moved @ exactly 2.30pm
The 28k units transaction was actually done @1.31pm not 2.30pm

Princkez:
are you sure?

Quite a lot of cross deals @9.90......even as at now.....
Series of 1,450,000units being crossed....
Over N1.2B staked on it so far........
Chai!!! I hope another stock will strike this type of deal soonest too.

First bank closed @10.......…...higher than previous close with 30kobo.....
Still showing strength....
May open higher tomorrow....
It's well.

Pesuzok:
FBNH might close negative today

Words of those not in the bus.
Mpeace and others in the bus will be wishing it keeps going up.

Some crossings are still going on underground sha.

emmanuelewumi:
It appears they sold long ago

Thanks sir............but this share buyback is a recent development o.

emmanuelewumi:
First Bank, FCMB, Leadway Assurance, Lagos State, Delta State, Akwa Ibom State, Otudeko, Subomi Balogun were some of the pioneer shareholders of Econet Wireless Network Nigeria. Most of the pioneer shareholders have solds at a profit

Boss, pls do you know or have any info on whether Subomi Balogun/FCMB may decide to sell too?

Oga Wanaj0 mentioned that Oba Otudeko may have sold his own shares too..........seems that's the more reason we witnessed jump in Honeywell share price.

wanaj0:
They may be selling their holdings in Airtel.
They may have sold holdings in Honeywell also

DUNKA:
please Any news on the sale of Atlas Mara 49.7% shares in UBN ?

No news yet from my angle o.
We will sha be keeping close eyes on the movement in that stock.
Me self dey interested.
Think anyone with spare funds can be buying the dips here.......for keep..........they fit come up one day with the announcement.

Mpeace:
Wow that something oh.
But how did you arrive at 88billion.

This is a quote from the link you provided

"In what appears to be an open offer, the telecommunication giant revealed that if all minority shareholders agreed to sell their shares, the total buy back will be worth an estimated N61.24 billion (c$148.1 million, using an exchange rate of 413.38 NGN/USD)"
The said 61billion goes beyond fbnh shares to also including shares of other minority shareholders

Modified:
Oga Rebekah answered you already.

samguru:
FBN gangs enjoy your loots quietly and don't come and mock our Access bank.
Our turn go soon come,na turn by turn

Lol.
If FBNH should stay up, then it's a matter of time that Access will meet up, overtake and take it's place back......
This is just my opinion anyway. Mr. Market may say otherwise.

Mpeace:
88billion? Does fbnh have shares in Airtel?

Yes........and FBN has accepted to sell her shares in Airtel Nigeria to Airtel Africa in the share buyback........
The offer price is N55.81.........and the deal was positive for FBNH.

https://stocks.nairametrics.com/2021/10/04/airtel-nigeria-offers-to-buy-back-minority-shares-worth-n61-24-billion/