₦airaland Forum

@Peterichy and Katanga prices.
Peter, around when are you looking at picking your bargains?

Market looking up today.......low volume across board.......so far .....
Too early to make this call? We are watching......

Mansard in early leap @1.25........up with 10kobo......
Hope @chibuking81 is observing as well.......

J-Gold is golden......

Some early crossings in Stanbic.

@bbwings
Think we needed some checks too.
Sometimes, these guys says the reality, only that Mr. Market acts otherwise......though tilted more to the positive side around this time.
Again, let's define our investment objectives, then we won't have to panic too much at any downturn or negative news.

locodemy:
No be small thing o.
See Transcorp from 92kobo to 96kobo in less than a second.The volume no be here.

Other stocks too follow shake body.

They were just playing with numbers....
Access was resilient, back to 8.80
So also Sterling and few others...
One panic seller crashed MTN in last minute........we see how the rest of the week goes.......God willing...

Some stocks are reversing now........ some bargain hunters picking........from observation.........
MTN up with N5........

Quite a lot of activities in Transcorp though!

unite4real:
if they tried this, na full bid till qualification date. Even Alhaji go follow enter queue

The bids would have triggered Circuit Breaker self

talk2tonie:
Am watching.
Thanks

You can be buying in tranches, you can pick some tomorrow.......depending on market situation and how deep your pocket is....
DD applies anyway......just watch out for support and reversal...

seyisanya:
You're correct, sir. I think madam Mercy translated it as N6.50k

Don't mind me, your calculation was more like it.
I think say whether bonanza don land ni........confused being.....

......but they tried by paying dividend this time, they've not been paying before

MTN:
Made reversal already......
100k block needed to move the share price....

unite4real:
maybe i am not understanding sha. what i see as dividend is 6.5k. I take this to mean six point five kobo. Does it translate to naira? as in 6 naira and 5 kobo?

Let's wait for the gurus and elders......
I'm not understanding myself.....cos I saw 6.5kobo....
......let's check the previous one first....

No dividend payment in the last financial year...

unite4real:
No be mistake. The price too much that's why the dividend looks like carrot.

Anybody looking for dividend no supposed to chase stocks wey dey run on top staircases

i see dumping soon

Which price are you talking about?
*edited*

unite4real:
Neimeth announced dividend. 6.5k

Is this a mistake or special dividend?
Oga OGG we need clarification abeg....

Final dividend: 6.5kobo
Qualification Date: 22nd Feb 2021
Closure of register 23-28 Feb 2021

Someone asked if he/she could buy during festive period but was told to wait till after.....
You could be watching out for this kind of pullbacks and be buying in tranches because nobody can predict Mr. Market movement .........and moreso that you're targeting Dividends..... I don't want anyone to mention me, that I didn't allow them to buy......
I no get strength for argument.....

Mfunkynation:
@Mcy56.. if the the dance floor go give this kind songs for just 5 days...
chai... Dem Boyz go dance tired!!!

Lol.
From the look of things so far, what's happening is more of retailers' activities......no heavy transactions so far........meaning this pullback might be short-lived..........all things being equal.
I may be wrong though.....but let's keep observing.....

Caveat: ** Strictly Mcy's opinion, I may be wrong**

@investorMK
You can ask your questions here for wider opinion.
You can also send PM, will answer the ones I know.

Some pullbacks ongoing in the market........

Watching out for reversal.....

Japaulgold: Full bid.....
GTB: Bids increasing........bargain hunters sighted at bargain junctions.....

bigjay01:
#SittingPretty

Weldone Sir!

Vitafoam was even selling below 3 before it started moving gradually.

Only two stocks lost today: FCMB and Caverton.
Let me say in my layman's understanding that, SHOULD the bull run continues......fcmb offered discount today and will join the race soonest.
What happened to one of the MDs was personal and has nothing to do with the stock.........
We see how it goes.........

currentprice:
according to my bedsheet , Vitaform is the cheapest on NSE right now with N20 FV based on their latest report this can be achieve IF they can maintain their recent performance in 2021. otherwise we will be looking @ N14 worse case scenario ^{my opinion}.

Noted Sir!
Next bus-stop, 14 it is!!!

NB: The stock might not go on straight line lest anyone will come here and be raising unnecessary eyebrow... ......you can see the "IF" and the "Patient" in the post......

WAPCO: Up with 1.75.........@22.80 now....
Where are those criticizing this stock?

Btw, stocks with exactly +10% did not even allow those with +9.8% and below to appear on the gain chart/table .........a good way to start 2021.......
We hope for more green this year........

ukay2:
Oga Currentprice has been predicting correctly from his bedsheet since 1800 BC

CP just needed to come back this year.........or else.......we treck to his village to go and drag him here......

@Lancee
Compliment Sir.

@Jamace
Based on the question asked on postponement of insurance recapitalization, seems it's going to have more of positive effect on the sector.. especially for those who started the process already........
The recap is still on, so much activities is expected in the sector this year......

1kinggy:
It might come down after dividend qualification and payment.

Even before div qualification........
.......but the thing is: Vitafoam is a stock that should be in any serious dividend hunter or long termer's portfolio.........will be moving ........slow and steady.....

BTW, @currentprice : Your prediction of more than two years came to pass today! VITAFOAM @8.55!!
Kudos bro!
Try and check for next bus stop from your bedsheet......

Market showing signs of bull
.......with some stocks on full bid as at now........
Should we brace up for bull run or its too early to make this call?
We wait and see...........

ACCESS: 8.95 with bids more than offers
........ we've been shouting this Access/UBA/Zenith since last year.........
..
Lol. Make you no mind me o.

MANSARD:
Full bid @1.15...........think we were shouting this here........that bargain hunters should pick below N1.........

FBNH: 7.85 as at now........up with 70k!

FTNCOCOA : Back to full bid after some cool off......

kalkah:
@Mcy56, what is the best price to sell Japaul or when is the right time.

This is one thing I don't li.ke to tell anyone.......I can give likely entry price but not exit.
It depends on you actually. If you've made quite some profits, you may sell some to cover your capital + some profits, then leave the rest to continue with the game.
Mr. Market has a mind of its own, it may keep moving up to circa N1, depending on the factor(s) moving it. Keep monitoring the movements to know when resistance/support is sighted.

Danniee:
Thanks

All offers @3 has been packed.........now 3.10..........lets not be surprised if it closes higher self.......fcmb is determined.....MM is active.........they also have good figures so far......Q4 may likely be impressive as well........we see how it goes.....

@eziokwunwoko
You asked about deap capital........STAY Away from that stock.

@Danniee
The offer on ground is barely 4M.
FCMB is just correcting the last minute magic performed by the MM in the last trading day. Was done to close register. Don't think it has to do with any MD or whatever.... ..my opinion.

VITAFOAM: Full bid @8.55.......
NEM: Full bid @1.96.....
ZENITH: @26!!
BUACEM: Full bid...

Market started with green sighted across board......though low volumes so far...

Welcome to the 1st trading day of 2021

BUACEM : Opened the floor with +9.89% .......up with 7.65.........now N85....
The first stock to officially advance with +10% for the year.......

Followed by:
FBNH......up with 5kobo......
Transcorp: Up with 7kobo....
Access: Up with 25kobo.....
Japaul: Full bid......

locodemy:
Trading is over for the year.
We tried our best in 2020.
2021 will be better for us

AMEN by the mercies of God.