₦airaland Forum

^^
@Onegentleguy sir,
Thanks so much for your response.
Think I prefer that you don't even stress yourself about it nor post it here again.
I've tried to get few things from the info I'm seeking.

Dear friend, @SonofElElyon, why are you particular about penny stocks self?
Try and buy dividend paying stocks for now, if you want penny, there are dividend paying penny stocks too. Not saying Linkage is not also good @CP for cap appreciation anyway but don't know if they'll pay dividend or not.

onegentleguy:
truth, LINKAGE should have absolutely no business trading @ <N1.31
But it's really not about Onegentleguy or anyone else.
You don't need to be scared of anyone.

Somewhere between the act of investing and expectation of REWARD is something called VOLATILITY... and volatility is RISK.
What we try to do is see how we can play around the constantly changing "gap" btw feasible RISK and inherent REWARD.

Sometimes you will be right... at other times you will be wrong... No human is perfect.
...for as long as you lay out your views on the foundation of fact and/or other logical input, but without an ill intent, then it is welcome.

Thanks boss.
NSEMPAS generally don't want to hear insurance, so it's good i exercise enough caution.

On linkage sir, I noticed that some expenses really chopped into the profit, thus landing the PAT in the negative region despite increased revenue Q-on-Q.......

Although, it looks more like the dumping already bottomed, but will appreciate if you can highlight on the positive lines in the financials from the expert's point of view........
It's fine if not convenient sir. Me self go find time check am from my amateur's point of view...

sonofElElyon:
Thank you my sister...
Link being linkage?
Thinking of selling universal insurance to buy something else

Chai! You don quote me already.....
Pls ignore the link call, let my ogas advice you better on Universal or let me do better homework first and get back.

**Edited**
Can see that Oga @Onegentleguy also replied on it.......
Just dey fear Nsempa wahala ni.......
Will recheck the financials and confirm again.......
But I think @45 range, linkage is still good...... considering that this price range was what it was selling some few years back when there wasn't much improvement in insurance sector unlike now that a lot of positive things are happening......

sonofElElyon:
Why are you dumping?

Are you saying you don't know the story around Dunlop?
Dunlop is a no go area oooo.
Just allow kaya owner carry in peace and be hoping for respite one day.
Instead make you try Link again........45-50k.....

onegentleguy:
Sorry but those 2 are currently not on my radar.
I'll advise you to look out for better coys...

Wanted to reply "NONE" but just say make I mind my biz as he no mention me, make I no commit offence.
Good reply btw.

https://doclib.ngxgroup.com/Financial_NewsDocs/35028_OKOMU_OIL_PALM_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35029_RONCHESS_GLOBAL_RESOURCES_PLC%20_QUARTER_4_FINANCIAL_STA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35026_MAY_AND_BAKER%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_.pdf
.
.


MTNN IPO OVERSUBSCRIBED
To be alloted full despite over-subscription......
https://doclib.ngxgroup.com/Financial_NewsDocs/35023_MTN_NIGERIA_COMMUNICATIONS_PLC%20MTN_NIGERIA_OFFER_FOR_S.pdf

Peter.......your TRANSCORP self dey follow them gbe-body.......
He'll want to be very sure first.....

Phlinx:
How are you guys seeing the Premarket?

Do you mean seeing the live trades??
......because premarket is from 9.30am to 9.55am...

yMcy56:
ZENITH Vs. GTCO
GTB may eventually take it's place back with time....
Not disputing the fact that Zenith is way ahead in terms of dividend yield, PAT and all that.........but GTB seems to have anointing for leadership.
I hope those bashing the price will do quick and allow the stock rest and face front.

Given Zee and GT at present price, 25.70, I'll go for GTCO. Don't mind me, I no be expert and I no know book. Just thinking out loud......and maybe because I be jijoist, we like things moving fast and pretty well.
Las las, both are good to have in one's portfolio.

Just knew that GT's move go dey aggressive.........

GT: Slow to fall, quick to rise......
Zee: slow to rise, quick to fall.....

Make una no mind me. Na just observation overtime.

goody234:
i jumped into okomuoil and academy press and fidelity sit and wait

You were told to buy GTCo, why didn't you pick some @25.50?

OBAGADAFFI:
From N11.98 to N27.20

Too much money .....

Pls edit GTCO's price to 27.80......
Na mistake for that 24.40 abeg .........

ACCESS.........sighted @10.10
UBA .........@8.70
GTCO........@27.80
ZENITH.......@26.50
WAPCO ........@27.20

GT and ACCESS don dey wake up......

**Disclaimer: Not to be taking as any form of buy or sell.

EKu Market oooo.
NGXGROUP @25......
At least no be Mcy dey buy am........so you no go talk say na me dey push am..

Phlinx:
Is anyone having problems with viewing the PREMARKET ORDERS?

Can't be viewed again.........at least if you're using Morgan.
Mentioned similar thing when they started hiding it.......maybe the measure was put in place to prevent some manipulations before market opens, and also for the last 10 minutes of the trading session.

More.....
https://doclib.ngxgroup.com/Financial_NewsDocs/35003_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC%20_QUARTER_4_FINANCI.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35005_AFRICAN_ALLIANCE_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_ST.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35007_ROYAL_EXCHANGE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35008_ETERNA_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FI.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35010_OMATEK_VENTURES_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35012_S_C_O_A__NIGERIA_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35013_VERITAS_KAPITAL_ASSURANCE_PLC%20_QUARTER_4_FINANCIAL_STA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35020_GUINEA_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35019_CHAMS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FINA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35024_GUINEA_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf
.
.

More......
https://doclib.ngxgroup.com/Financial_NewsDocs/34981_AXA_MANSARD_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34984_ABC_TRANSPORT_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34985_UNION_DICON_SALT_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34988_AIICO_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/The_Initiates_Plc_-_Q4_2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34993_JAPAUL_GOLD_AND_VENTURES_PLC%20_QUARTER_4_FINANCIAL_STAT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34995_JAIZ_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34994_UPDC_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FINAN.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34996_COURTEVILLE_BUSINESS_SOLUTIONS_PLC%20_QUARTER_4_FINANCIA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34997_UNIVERSAL_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34998_JULI_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FINA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34999_WEMA_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/Fidson_Healthcare_Plc_-_Q4_2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35000_PHARMA%20DEKO_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35002_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20_QUARTER_4_FINANCI.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35001_CONOIL_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FIN.pdf

Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/34987_ACADEMY_PRESS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34990_N_NIG_FLOUR_MILLS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEME.pdf

MORE RESULTS....... UNAUDITED
https://doclib.ngxgroup.com/Financial_NewsDocs/34963_UAC__OF_NIGERIA_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34962_STERLING_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34965_CONSOLIDATED_HALLMARK_INSURANCE_PLC%20_QUARTER_4_FINANCI.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34966_LIVESTOCK_FEEDS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34967_BERGER_PAINTS_NIGERIA_PLC%20_QUARTER_4_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34969_PREMIER_PAINTS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34970_CWG_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34973_JAPAUL_GOLD_AND_VENTURES_PLC%20_QUARTER_4_FINANCIAL_STAT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34974_MUTUAL_BENEFITS_ASSURANCE_PLC%20_QUARTER_4_FINANCIAL_ST.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34975_CORONATION_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMEN.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34977_C_AND_I_LEASING_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34978_JOHN_HOLT_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34979_PRESCO_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FIN.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34980_UNITY_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34982_ARBICO_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FI.pdf
..

seyisanya:
Just checked NGX website and realized that GTCO was sold/bought at N26.90 at 2:30pm with about 5 single block sales that were at least 100,000 units. How come it didn't close at 26.90? Or has the rule changed? Just asking for clarification sake. Thanks!

Delay in updating data.
GT closed @26.90

GTCO vs. ZENITH
GT took back it's position as the sector leader .......
Sighted @26.90........while Zee just arrived KM 26......

BUACEMENT
Commission cement plant in Sokoto.......
https://www.nairaland.com/6964495/bua-commissions-3-million-metric

Disclaimer: Not any form of advice

NGXGROUP
Sighted @23........
This same NGX (and MTN and HW) made me to lose something very important.....because I was perceived to be saying something totally different from everyone else here .......but at least I'm justified now.

It was like me against every Nsempas that time......
I particularly referred to page 10 of their last financial report with the expectation that my ogas will help dissect it better,but I seems to be the only one whose opinion differs from others.....
Was also constantly referring to those entities trying to accumulate huge volumes that time.......but dem said na plan to sell and not buy.........
If you make money from it, na my pocket you go put am? Or will anyone say take N1k for your recharge voucher? ......and I gain nothing from anyone losing money in this biz, so I'm happy if we all make profit...
It's well.

No one should say I shouldn't rub it on una o, just have to rub it.

MORE RESULTS .......
https://doclib.ngxgroup.com/Financial_NewsDocs/34954_FIDELITY_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/BUA_Cement_Plc_Unaudited_Financial_Statement_for_the_Period_Ended_Dec._2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34953_BUA_FOODS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34945_EUNISELL_INTERLINKED_PLC%20_QUARTER_2_%20_FINANCIAL_STATEM.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34950_MCNICHOLS_CONSOLIDATED_PLC%20_QUARTER_4_FINANCIAL_STATEM.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/Notore_Chemical_Industries_Plc_-_Unaudited_15_months_Interim_Financial_Statments.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34951_LASACO_ASSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34948_STANBIC_IBTC__HOLDINGS_PLC%20_QUARTER_4_FINANCIAL_STATEM.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34952_FIDSON_HEALTHCARE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34956_SFS_REAL_ESTATE_INVESTMENT_TRUST%20_QUARTER_4_FINANCIAL_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34958_PRESTIGE_ASSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34960_SOVEREIGN_TRUST_INSURANCE_PLC%20_AUDITED_FINANCIAL_STATE.pdf

MTNN
Final Dividend: N8.57k
Qualification Date: 6th April, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/MTN_Nigeria_Final_Dividend_Information_FY_2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34946_MTN_NIGERIA_COMMUNICATIONS_PLC%20_AUDITED_FINANCIAL_STAT.pdf

Sooooo, invariably, UCAP is not the first Coy in 2022 to release result .........
We hope it's for a more better deal...........
**Update to previous post**

COURTVILLE
Board meeting outcome is out, no mentioning of delisting in the document uploaded yet.........
We are awaiting further doc addressing this from the company.

gbengafaro1986:
UCAP not releasing result today would be odd sha ..just saying

** There are rules guiding submission of final financial reports in NSE.
** It's not compulsory for any company to file UNAUDITED REPORT within 30 days after financial year end.
** A Company may decide to file AUDITED once and for all........within 60 days......
** Those filing UNAUDITED will still submit AUDITED..........but within 90days now.

If you noticed, except FCMB, ETI and NPF, none of the banks submit UNAUDITED FY report, some companies also did not.

So, UCAP is still in order........and I still expect them to be the first Company to submit AUDITED Q4 Financial Report .........

TOTAL is here.....
All UNAUDITED....
https://doclib.ngxgroup.com/Financial_NewsDocs/34908_TOTALENERGIES_MARKETING_NIGERIA_PLC%20_QUARTER_4_FINANCI.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/34907_JULIUS_BERGER_NIGERIA_PLC%20_QUARTER_4_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34909_OKOMU_OIL_PALM_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34906_MRS_OIL_NIGERIA_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34905_CORNERSTONE_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34903_UNIVERSITY_PRESS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34902_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC%20_QUARTER_4_FINA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34901_MEYER_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FINA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34900_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_4_FINANCIA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34899_ALUMINIUM_EXTRUSION_IND_PLC%20_QUARTER_4_FINANCIAL_STA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34894_TRANS%20NATIONWIDE_EXPRESS_PLC%20_QUARTER_4_FINANCIAL_STA.pdf

ETI
PAT: +309% increase........

safepaulooo:
They push up the price when they have accumulated enough volume at bargain price. That's the game. As long as the threshold volume to accumulate has not been met, price go si don dey dance skelewu, looking at us with corner eye. Looking at the movement of ETI, it's not straight-up. They push-up, accumulate more at bargain, before moving up again. They ensure most shares have been mopped up at bargain before taking price to desired level. GAME MASTERS. When eventually Access and UBA do decide to push up, same game will play out.

You're right.
If they're not yet ready for the price to move, they'll do everything possible to keep the share price down.....
Access is presently @10, the more the offers @10 are being mopped up, the more offers are coming out at 10. Game masters they are.

Similar thing happened in Zenith sometimes ago.......when they moved it from 23 up to 25. When they're ready to move no matter the volume on offer, they'll clear it.

Princkez:
which one is better?

Both.

GTCO Vs. ZENITH
Battle for leadership continues.......
Both @25.75 as at now.....

ositadima1:
Na him be say what ever comes out ur fine mouth I go follow oo.

I am planning on liquidating UCAP to enter GTCO. Note that this portion of my portfolio is for dividend stocks. I bought UCAP when it was #2.5, from my calculations if UCAP doesn't increase dividends it will pay more to hold GTCO as it is undervalued and reasonable dividend payer.

My bros, don't mind me oooo, I know sabi book and I'm in no way near any expert in this field.

In the case of UCAP and GTCo, I think you should leave your UCAP especially since you entered at very good junction.
You may liquidate another stock to enter GTCO.......but not UCAP.

Pls note that this is purely my opinion.

ucvin:
Access bank has tied down my funds. Seems something fishy is going on with ACCESS..It has no business trading at the current price when compared with FBNH, UCAP and ETI. Should i sell off or keep holding? I'm really disappointed.

ACCESS bank's time will come.
With ETI @N13 now, Access has no biz doing @ below 13 in my opinion.

Do you know how many months/year(s) it took ETI faithfuls to wait? ETI was so annoying that time. Many least expected this massive breakout at this time......... although were/are lots of good things/turnaround happening in the bank now.

gbengafaro1986:
Has anyone noticed Team US STOCKS never show face in like the last one week Dem don dey chop breakfast like this

They'll show when there's small pullback.

onegentleguy:
https://doclib.ngxgroup.com/Financial_NewsDocs/34897_VITAFOAM_NIG_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR.pdf
The price of the coy has already gone up quite a bit.
Think it was the 3rd best performing stock (up by over 188%) in 2021... only behind Morison Ind and RoyalEx Insurance.
Using a mix of valuation model that adopts a conservative approach assuming zero growth to YE, 2O22, and attaches a premium net of surrounding risk, I have a FVE of N31.4
...still a BUY from my end.

Kudos @ currentprice for spotting this nice piece!
It is well.

This Vitafoam, can remember telling one Oga not too long ago when the share price got to N12 or 15 (can't remember now) .......that it's a N25 stock.........
The usual book questioning followed.... .......me I know say I no sabi book, just told the Oga to mark it..........

Na Peterichy I just dey think how he go feel now.......
I know Peter is smarter anyway.

UBA
The 50M bargain hunter is also in market today.....
UBA and ACCESS looks more like selling at bargain @CP......... especially when compared with ETI, FBNH and some other stocks from other category........

NAHCO not doing badly in market.......

ETI already overtake ACCESS, UBA.........then FBNH.........