₦airaland Forum

locodemy:
You might be disappointed going forward.

E Ku Transcorp o.
Full bid @1.02....
Let's see how far it can go this time around...

megawealth01:
I'm in for the money anyways... I'm still studying the OANDO situation... I finally got in at 4.77 and 4.80 respectively... It's a gamble that I'm willing to LOSS

I talk am.
I think it's okay at that junction, averaging down can be less tasking if needs be.
With other oil companies doing well, settlement with SEC, oil price @$74 and possibility of improved result, it may still do well.
Let's keep watching how it goes.....las las, all na risk taking too.

In another news, market was generally down today.....with GTB, UACN and Oando taking the lead in massive sell off......
Good enough, ZENITH did not follow GTB to 'go down', we see how coming days looks like........E Ku market o.

locodemy:
My advice
If you no ride oando bull, wait for a general bull which will likely take place any moment from now.
Don't be jealous to people who a particular stock favoured or bad mouthing rallying stocks just because you don't have it.

I strongly believe your own turn and my own turn will surely come.

This is nice coming from you.
Well said.
One of the reasons I asked Mega his junction, cos I know for one side of his mind, the next Oando bus will not pass him by.

Even if Oando or any other stock is pulling back now, the fact remains that some people made something from it. No need for jealousy. Your own, my own time too go come.

Oando never finish.......another round is coming.

megawealth01:
Very soon many will be looking for exit on OANDO. Not a recommendation

So what junction are you waiting for this one? N2?
Talk true, you're looking for bargain....
I don't really want to talk about this Oando.........so I won't be tagged to be MH.

ukay2:
The new CEO of Fidelity should make us proud by FY 2021 result

Doc are you already in Custodian bus?
Interim dividend of 10k don land.....
https://doclib.ngxgroup.com/Financial_NewsDocs/33771_CUSTODIAN_INVESTMENT_PLC%20CUSTODIAN_INVESTMENT_PLC___CO.pdf

FCMB
Outstanding Q2 performance especially from the Company.
Overall, a very good result........

Before anyone will refer to the group result, pls check under "Other Asset", you'll see where a bulk money was spent on Asset.......this should be the % buy-over of AIICO Pension, which is translated to expansion and more future profits......
FCMB is undervalued in my opinion.......

Lol. This is Mcy's layman's interpretation........anybody wey sabi read "notes" and analyze better fit help us out the more.........
https://doclib.ngxgroup.com/Financial_NewsDocs/33764_FCMB_GROUP_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_20.pdf

Shout out to @Onegentleguy

ACCESS
To pay interim dividend......
https://doclib.ngxgroup.com/Financial_NewsDocs/33769_ACCESS_BANK_PLC%20APPROVAL_OF_THE_GROUP'S_INTERIM_AUDIT.pdf

locodemy:
When I look at stocks like updc, oando, ftn cocoa etc and look back at Transcorp,I feel like crying.
Imagine buying oando at 2.98 last month and sold it due to no movement in price after 2 weeks.
This life no balance at all

So you sold eventually before the rally?
Think we talked about it here and you were positive about it. Sorry for that.
Another opportunity will come.

CUTIX
Looks like someone is hiding in a corner and mopping every available offers @4.81........also crossing @4.81.........Also keeping the price in check.

LIVESTOCK
Again sighted @2.43......up with +11k...

ukay2:
Definitely the future will be bright....TIME will tell....

...was still planning to buy more (75-79k) before the upward movement took off. Will buy more below N1.

Investors defied the 90kobo offer price of Custodian when the take over changed to voluntary self.
Let the dumping continue to 0.80k region.......

ukay2:
Madam YMcy56 has been doing well since she joined NSEMPA. Her efforts and consistency are paying off. Kudos to her....

Thanks Doc.

OANDO
In market today ......Profit taking ongoing...

STI
AGM is holding tomorrow 29th July, 2021.
We wait to see what the outcome will be.....

LIVESTOCK
Enjoying positive momentum...... sighted @2.50.......

FTNCOCOA
Up with +10%

bigjay01:
I left last week @1.3 (got in at 76k few months ago). The proceeds have done done some magic elsewhere

Land must be greener in this "Elsewhere"
Well done sir....Make Una show us the way too....

BTW, Vitafoam did it again.......Q3 was wonderful.

megawealth01:
Well they might have sold too since they bought at 0.90k na... Well I might re-enter if they get to my re-entry price!

I checked UPDC result and as for me oooo, the result is far better.......loss reduced drastically.
Why should anyone expect sudden overnight turn-around in UPDC by the way?
With time and continuous efforts from the management, the company will move to profitability.

*In my opinion, some of those big ogas buying are rather buying into the future of the company........we hope the future will be bright......

FIDELITY eventually touched 2.50........no be small battle with money bags.......
Can now proceed.... if they don't waylay it @2.50 junction again ....

megawealth01:
I have been offloading UPDC since last week... Offloaded the last batch today... I'm left with just small units...

Maybe another opportunity for re-entering might come my way till then Goodluck to those heavily in the bus!

Think the massive offloading have to do with Q2 report.......I didn't open it o.

https://doclib.ngxgroup.com/Financial_NewsDocs/33747_UPDC_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_2021_FIN.pdf

CUTIX
Quite a lot of cross deals @4.81...

UACN
Quite a lot of crossings @11.30....

COCOA @+10%
They are planning to come to the market, we'll try and ride with them small cos there's possibility of price pumping........don't take my words for it anyway... ..it may be moving due to another factor.

FIDELITY:
Doing fine.......@2.48 as at now.......

AFRICAPRUD:
Halted the free fall, bids more than offers......with bargain hunters sighted at the bottom of the table.....
UCAP touched 6.80 and is back to 7.......bids increasing...

LIVESTOCK
Opened with full bid......some panic set in and it touched 2.14........back to 2.30/2.32 as at now.......

*Caveat: Just daily market update*

ojeysky:
Nestle starting at full offer

How many volumes in offer?
So you chose to see the one in full offer, what about the ones in full bid......
As for Nestle, just leave that one for the deep pockets.....

MAY & BAKER
https://doclib.ngxgroup.com/Financial_NewsDocs/33742_MAY_AND_BAKER%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_202.pdf

NASCON
https://doclib.ngxgroup.com/Financial_NewsDocs/33744_NASCON_ALLIED_INDUSTRIES_PLC%20_QUARTER_2_%20_FINANCIAL_ST.pdf

STANDARD ALLIANCE
https://doclib.ngxgroup.com/Financial_NewsDocs/33743_STANDARD_ALLIANCE_INSURANCE_PLC%20_QUARTER_1_%20_FINANCIA.pdf

ARDOVA
Getting quite a lot of attention since market opens......
Maybe some insiders already sighted result or there's something positive around the corner.....
We'll see....

zionaigbokhan:
Please, Madam Myc, what's your take on Cutix for medium term, DD on me.

As for me o, Cutix is still a take away at current price.... especially if you're a long termer.
I responded to someone just last week too....

@Currentprice pls check under your bedsheet and give us the fair value of this stock abeg.....

APR result affecting UCAP share price, "the wheat will still be separated from the shaft", each one go waka its own way.....

ETI, Livestock responding to good results....

GTB
Quite a lot of cross deals and floor picks....

LASACO CORPORATE ACTION
Dividend: 10kobo
Qualification Date: Aug 5, 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/33737_LASACO_ASSURANCE_PLC%20CORPORATE_ACTIONS_ANNOUNCEMENT_T.pdf

LIVESTOCK Q2 2021
Very impressive Q2 result.....
EPS of 5.38 (as against 2.54 in 2020)
6 months period: EPS of 11.26 (as against 3.14 in 2020)
https://doclib.ngxgroup.com/Financial_NewsDocs/33740_LIVESTOCK_FEEDS_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_.pdf

ECOBANK (ETI)
A good one from ETI too.......
https://doclib.ngxgroup.com/Financial_NewsDocs/33741_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_2_%20_FINANC.pdf

CUTIX
Q4 PAT over +100%
Dividend of 15kobo and bonus of 1:1 recommended.
https://doclib.ngxgroup.com/Financial_NewsDocs/48_Cutix_Plc_-_Notice_of_Share_Dealing_By_an_Insider.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/33702_CUTIX_PLC%20CUTIX_PLC_%20RESOLUTION_OF_THE_MEETING_OF_BOA.pdf

ZENITH
To pay interim dividend...
https://doclib.ngxgroup.com/Financial_NewsDocs/33728_ZENITH_BANK_PLC%20ZENITH_BANK_PLC_%20__APPROVAL_OF_THE_GRO.pdf

FTNCOCOA
To raise capital to be injected into the biz......
https://doclib.ngxgroup.com/Financial_NewsDocs/33717_FTN_COCOA_PROCESSORS_PLC%20_NOTICES_OF_EXTRA%20ORDINARY_GE.pdf

Cc: DDLadany

Guinness, Unilever in last minute move.....
Vitafoam touched 16...…
Total up with +18.4....to close @203.2
The land was generally green in today's market......
We hope next week will be good as well, God willing..

sincerelymine:
Help ma

It's Livestock.
Do your DD pls.

sincerelymine:
Which stock ma

LoL. Trying to emulate my ogas. Don't mind me.
So you're the only one that just saw the post, ok o.

UACN
@10.50 now....
Where are those waiting for you @3?
This Megawealth01 must be taking 33..... .......the stock that you will still meet @15

UCAP don vex........@7.15 now........
Next bus stop is 7.50......

BTW, where is CP? Hope you're good boss.

veecovee:
What's their reconstruction date pls

Is there reconstruction?
I'm not aware of any sir.

DDLadany:
Please my ogas can anybody advice me on cutix ,I want to buy some unit but I need advice .I don't want to buy on impulse

If you're looking at long term, you may buy below 5 or slightly above.
I think it's a stock that may likely do well in future all things being equal.
Was sighted some two years ago......but not much to back it up in terms of figures then.

Caveat is purely my opinion, DD is advised.

UCAP arrived KM7......
Kind of dragging APR along....

@Megawealth01 E Ku waiting @km 3 oo

ojeysky:
That FTNCOCOA full bid no b ham jare compared to OANDO fill bid

LoL. You can't compare the two nah, dem dey different category.
How many full bid moved Neimeth from 38k to 2.67 or so that time?
Lol. Not marketing Cocoa. Don't know why their restructuring is taking forever self.