₦airaland Forum

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currentprice:
nothing wrong. i think it about time to rain.
rain doesn't fall on one person, it fall on everyone
as a leader GTCo is just given out d warning signal for those who have ears

Ok thanks CP.

Vitafoam obeyed the 20 call today.
You tried.

GTCo
Closed @26.10!!!!!!!
Now selling below the 52weeks low........What could be wrong here?
Anyone with hint? Chart??

NB PLC
No one is talking about this Company.......
The rate at which the parent company and the foreign partners are buying into it, can't it be a candidate of delisting in future?

Can someone please share any info /update on it if you have??

Also, is there a way we can identify the companies that may be candidates of delisting in future??

Oga CP and Oga Onegentleguy abeg help out here o............Can remember you mentioning some metrics in some of these companies' reports that are pointer to this......

BTW, Happy Birthday in arrears to Oga @Onegentleguy ........Many happy returns! LL&P.

FIRST BANK
They're in market today again......over N1.7B done so far..........Over N2.7B by closing...

AIRTEL
Sighted @900..........@910.....

GTCo
Looks like some moneybags are offloading their stakes here to key more into FBNH...........power tussle continual.....

FIDELITY Q3 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/34580_FIDELITY_BANK_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR.pdf

Princkez:
pls how far their q3 results

Not yet out.....
Will be out on/before 29th Nov.
https://doclib.ngxgroup.com/Financial_NewsDocs/34419_FBN_HOLDINGS_PLC%20FBNHOLDINGS_NOTIFICATION_OF_AUDIT__OF.pdf

iby2000:
Hello Guys,
Your advice is needed please.
I have Cutix Shares in my Portfolio, whose Qualification Date is Today friday 12-11-2021
And they are offering a Bonus share of 1:1 for every Share held with them.
If i sell my whole Cutix share this coming monday, the 15-11-2021?
Will i still be entitled to the bonus Shares from Cutix Nigeria Plc?
Your Advice needed on what to do.

Cutix was marked down for both Bonus and dividend today, if you sell from today, you're entitled to the dividend and bonus.
Opened @2.73....today

FBNH
Little by little, this stock is leaving the arena of the minority shareholders/common man and larger percentages are going into the hands of the rich........

Lots of activities here.....

FBNH......last minute bid @13..........but closed @N12.30 cos of the offers that lined up.......
Over N1.2B done in transactions.
Means deep pockets aren't done yet with FBNH..........power play still ongoing............don't take my words for it, just observation.

AIRTEL AFRICA
Approval in Principle - SUPER AGENT LICENSE IN NIGERIA

This Licence is another different one from the "PAYMENT SERVICE BANK LICENSE"

I'm sure MTN too will go for this......

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

currentprice:
interesting to read the discussion on MTN....
going through Q3 report. i see the concern about the debt....too much but this shouldn't pose much problem because the company is making good operating profit that can take care of it

based on my bedsheet ^_opinion MTN fp stand at 230

_{^{note; price can go above the fp to their target price......}}

Noted sir.

emmanuelewumi:
It is very negligible in my portfolio sha

Alright boss.
I just blvd there's no way you won't have that calibre of stock.
You're doing so well sir.
Hope to be like you and my Oga Wanaj0 when I grow up....

emmanuelewumi:
NB I have MTN shares oooo but it is about 1% of my portfolio.
At times, we need to look at the " what ifs" and whys

Love this confession......
I was about to make a post on this MTN discussions too.........and to say that you will have the stock despite those concerns raised.

As for me ehnnn, I no too know book o, nothing much to contribute to the discussion....BUT MTN go still do well from the look of things......

The time I'm looking at that side, abeg nah positive things I want to dey read o.

The type of cross deals done in today's trading @209.80/209.90 were huge and massive........
Over 1B staked on it.........these ones sure knows why they're staking huge amount here..

CAPITAL PUNISHMENT FOR ILLEGAL GOLD MINERS
These people should pls remember to empower Japaul Gold for legal mining of gold nah......

https://www.nairaland.com/6842729/uche-ogah-no-going-back

talk2me2:
Cc: yMcy56 and other that are already using the new platform.

lexy2lexy:
I still can’t connect

There's now a new URL for iTrade Morgan Capital

https://itrade.morgancapitalgroup.com/customers/

OBAGADAFFI:
MTN shares will be sold through a book-building process to institutional investors, and after which, a fixed price will be announced to retail investors.
There will be uncertainty on MTN shares for now.

If MTN should get institutional investors for the sale of the shares,it may end up not getting to retail investors......
I think they'll even prefer institutional investors.........selling the 575M units to them pays more.........will be sold in bulk and at discounted price from the retailers price.
After all, the shares on sale aren't much nah.......
Only few institutional investors can even take it up.... lol.

talk2me2:
is there something I am not doing right? Those that have been able to login to the new Itrade platform please kindly explain to me is there a change in details or is the platform no longer compatible with phones? Or is the problem peculiar to my account alone?

Cc: yMcy56 and other that are already using the new platform.

The site is working fine, even with phones.

Click on below URL to login......
* Input your login ID......
* Click "Next"........
* Input your password.......then you'll be logged in to the dashboard.....

https://itrade.morgancapitalgroup.com/customers/

Mpeace:
Exactly what they said. But i dont think thats in line with SEC expectations. I believe one day clarity will be met once someone takes it up and earns some money in damages.

This thing is simple.........
* If you sell today and want to withdraw today, it's T+2/3 days........
* If you can't wait for it to clear, you'll pay certain % of the total amount to be withdrawn......

**However, if you have enough clear fund on ground and you withdraw within the said amt, you'll be paid within 24hrs without extra charges.

*** Once you click the Withdraw button, the available fund you can withdraw will be displayed on top of the pop-up column, then you can make your request.

This is how it obtains in most houses...

OBAGADAFFI:
Both stocks won't react the same way.

MTN is planning shares repositioning circa N200, while Airtel is selling @N900.

Seems some other positive forces are moving MTNN.........
I hope some analysts are not mis-interpreting this share repositioning...........besides, AIRTEL is giving huge gap, MTN will have to be dragging along small small.
MTN still did N205 .......before one cross dealer deal over 100k units @200.
This is just my opinion anyway......

UACN: Getting a lot of attn.......

WAPCO: Also getting quite a lot of attention...........

AIRTEL and MTNN.........both got approval in principle to operate a service bank........whatever that means must be a plus for both stocks I think....

Heishere:
Apologies for the mistake
here is the correct ratio: 226 UPDC REIT units for every 1,000 UAC shares owned

Thank you.......you're right.
I know it has 266 but can't remember very well again.
There is no corporate action yet, so the qualification Date will still be announced......in my opinion.

Heishere:
I think it's 1 REIT share for every 22 UACN shares and the qualification is past due.

Don't think this is correct. The ratio doesn't seems to tally.
Those crossings looks suspicious as well.......
Thanks anyway.

UACN /UPDC-REIT UNBUNDLING
Pls can someone remind me about this scheme of arrangement
Even myself had posted it before but now I don forget am......make you no vex.

https://doclib.ngxgroup.com/Financial_NewsDocs/33996_UAC__OF_NIGERIA_PLC%20SCHEME_OF_ARRANGEMENT_CORPORATE_A.pdf

Cc: @Talk2me2 ??

Mpeace:
I tried withdrawal now. They just informed me i have to wait for three working days or forfiet 1% of the sum if i want it now

That should be a new development or specific to the new button.

In the past, if you make withdrawal in the morning, before close of biz on same day you get pay alert in your bank acct.

lexy2lexy:
I still can’t connect

It's working fine.
You can log out, then log in again.

Meanwhile, there are quite some activities in UACN........lots of cross deals @10.50....
Any news? Unbundling?

Pesuzok:
My I trade is still not connecting.
They would have done the upgrade over the weekend.

My thought as well.
Why upgrading during the week days?

***Modified**
Morgan Capital iTrade is back online!

GB2G:
Madam, where can someone see live price of stocks?

From NGX (NSE) website........it used to delay for like 5min though. You'll just have to keep refreshing the site.

Also, if you're registered with digital broker, you can be viewing live trades and prices.

https://doclib.ngxgroup.com/market_data-site/trading-statistics-site/Pages/Equities0918-9941.aspx

Mpeace:
How lond would withdrawals take. T+3 or instant?

Are you now with Morgan?
Should be within 24hrs.
Good thing is that the system will bring your available balance from which you can make your withdrawal.

MORGAN iTRADE
* New upgrades.......
* Withdrawal button now available.......
* Currently not connecting but they said they're working on it and would be up on/before 30mins.....

* Fingers crossed.

*** iTrade back online**

*** New URL: https://itrade.morgancapitalgroup.com/customers/

emmanuelewumi:
Should be in the same section with Caverton

Thks sir.

megawealth01:
That's his business... MTN is GOLD... MY OPINION though

Hhmmm.
Make you sha keep eye on every mvmt there.

emmanuelewumi:
It was listed about 2 years ago

Which Section Sir?
Laziness to do the findings dey worry me.....