₦airaland Forum

locodemy:
If Btc fall from $65,000 all time high to even $20,000,What is the difference between it and our NSE?
@Nse you are sure of dividend even if price falls.

It's better, I trade this my local stocks than answering a wallet billionaire that can vanish over night

Maybe the decline will reflect positively on NSE.
Low volumes generally with retailers still observed trading .....

Curry30:
I remember quite well how you were sounding the alarm about Royalex. Today it's trading at 3X the price. Your observation(s) was spot on...

Thanks.
I can imagine how the ogas feel if their predictions comes to pass.......Well, they're so used to it......but for my amateur self, it feels good.......

locodemy:
CORNERSTONE 2020 FYE:
https://doclib.ngxgroup.com/Financial_NewsDocs/33350_CORNERSTONE_INSURANCE_PLC%20_AUDITED_FINANCIAL_STATEMENT.pdf

Mercy, hope you didn't buy this stock with assumptions.
Heard when you made the call.
The aeroplane has failed to fly

Lol.
Let's wait for the corporate action and recapitalization plans nah.......you can be watching inside your ABC bus while chopping popcorn....
We see how it goes...

ACCESS:
Completes Mozambique acquisition....
https://doclib.ngxgroup.com/Financial_NewsDocs/33354_ACCESS_BANK_PLC%20ACCESS_BANK_PLC_ANNOUNCES_COMPLETION_.pdf

CORNERSTONE 2020 FYE:
https://doclib.ngxgroup.com/Financial_NewsDocs/33350_CORNERSTONE_INSURANCE_PLC%20_AUDITED_FINANCIAL_STATEMENT.pdf

UNILEVER:
Separation from Tea Business.....
https://doclib.ngxgroup.com/Financial_NewsDocs/33345_UNILEVER_NIGERIA_PLC%20UNILEVER_NIGERIA_PLC_TEA_BUSINES.pdf

sonofElElyon:
Hmmmmm

Lol.
Mcy is not supposed to talk about insurance stocks. My ogas-on-top don't like it and I don't want to offend them.

119mba:
Yes Nairametrics ran that article back then when Ghana Merger happened. But our NAICOM was not too pressing on Recapitalization back then that time. Now there is deadline, they may Consider it since sourcing for Funds from Public may be tight with Nigeria's economic crunch.
The second article from Investogist.com is more recent, last year I suppose.

You're possibly right. Thanks.

Mpeace:
So after seeing this today, I now think I have to invest in uacn from tomorrow.
Disclaimer : Not a buy recommendation.

Seeing clearly after all the bashing.
Well done sir.

locodemy:
Market has sent them to village.
Valentine Nwoke has explained.

Lol. Funny.

119mba:
@yMcy56: I agree. His post is always detailed.
Well-done dear, you are appreciated.

NOTE: I edited my Post above to include the Links.

Thanks sir.
Checked the link and saw 2018 date, don't you think there must have been some updates there?
Also says Ghana.......we needed to be on the lookout for the Nigerian version .....don't you think?

sonofElElyon:
Kindly give the top 5 picks in the insurance sector in descending order (first to last)..

Ours the risk of course

The post you quoted already gave more than enough answer to your inquiry.

119mba:
Shout out to @Onegentleguy.
He gave reasons suggesting that if the same indices of valuations is used, REGALINS & SOVRENINS should be trading within the same price range as ROYALEX (Equation Xp=Y where Y=2).

He also hinted at the possibility of a Merger for them as the deadline by NAICOM draws near in SEPTEMBER.
I will share the Links later when am relax enough to find them.

Any insurance lover who can take time to go thru the referenced post (by OGG) will know which ones to try out.....

I equally fished out Royalex here last year or so, anyone that picked @22/23k and was patient will be smiling now.......
ROYALEX closed @83k........that's around +300% gain....
I'm watching STI and Chi too.......
Chi already moved from 33k, closed @51k today.

** Not any form of recommendation. DD applies**

emmanuelewumi:
Seplat at N150, with God nothing is impossible. Just have faith like mustard seed

Na so Peter talk am when he saw it at below 300 oooo.
Peter and his ridiculous bargain prices........
I don't know how else bargain could have presented itself more than that ........300 was just a steal away price at that time.

E Ku Market o.

Those last minutes trades though!!
UCAP, Zee, Regal, Chi Plc, FBNH, Sterling, Royalex....
Dangsugar just gathering momentum....15M block crossing @17.80....... Chai!
UCAP: @6.30......... Megawealth go sleep so tey for his junction......just as Peter is still waiting for SEPLAT at 150......

ZENITH:
Moneybags are reasoning it's matter........Much accumulations and cross deals @23.70......

UACN:. Quite some crossings @10.40....…...seems like more directors or ogas on top are picking their stakes ........

ETERNA: On full bid @7.26........anything brewing here?

ZENITH: Quite a lot of transactions @23.70........quite some accumulations here.......

SOVRENINS: Quite some transactions from itchy fingers @26k........are we expecting some news here?

FIDELITY: Inching up slowly and gradually.......sighted @2.40/2.43...

ositadima1:


Which one is better?

Which of them?
The stock or the pic?

UCAP:. This stock no wan gree.....
ACCESS dragging things with Zee........Access better understand say Oga na master.....

ositadima1:
Oh! Less I forget, we also have a particular set of minority - the town criers e.g Mcy56
Note that e.g stands for "exempli gratia", just to make things clear .

You ehhnnn

E Ku Market o.
Zenith sighted @23.75.......
Fidelity warming up? Watching......
UACN: Lots of bargain hunters sighted.......support still @10.30......price currently @10.45

PETERiCHY:
Expo 2021!
LOCO im pretty sure your VILLAGE PEOPLE won't allow you partake in the PARTY but "This same year "TRANSCORP will sell above N4:00k"
Those that has EARS let them HEAR what the NEAR FUTURE holds.
BARGAIN HUNTERS TAKE NOTE!
*ThE OcToPuS*

Noted!
We'll be on the lookout. Maybe it'll get to our bargain junction too......before the journey begins ........
Don't come and give us different story once you're out of the bus o.

sonofElElyon:
I didn't. my stockbroker discouraged me..

OK.
Thought you said you were looking at long term. You could have given it a trial with small fund since your mind picks that time. Could have paid off now.
It's okay anyway.
Other opportunities will come.

Ades1:
My Sleep well at night (SWAN) stock!!!

Quite a lot of accumulation @23.......
Moneybags at work.....

ZENITH:
Sighted @23......
@24 now!!

GTB, ZENITH:
Moving up slowly and gradually.......
GT @29.55 as at now........Up with 0.30k.....
ZEE @22.45.........Up with 25k.....

Those waiting for GT at sub 20, E Ku waiting........GT @30....

UBA self no wan gree.......@7.30.......

locodemy:
Maybe linkage insurance helped them to drive the volume. Mercy among the top traders. Mercy like insurance stocks like tomorrow no dey. Mercy like penny stocks especially the 20kobo stocks.

Lol.
Pa Emma thought Morgan doesn't have high-networth customers as well, dem dey oo........even if we penny stock lovers dey there as well.....

Linkage sighted @0.75k with +10% upside so far.......I hope that guy that took his time to ask, made the right decision before div markdown...

E Ku Market o.

Green sighted earlier across board today.......

UBN: Full bid @5.90..........

UCAP and AFRIPRUD sighted @N6......
TRANSCORP......Up with its abracadabra again.......

MANSARD don pay ........
Make Una pay your tithes o.

sincerelymine:
Whats your take on dangote sugar, its been gaining some attention lately

Depends on your risk appetite and period in view.
I've observed however that it has refused to fall below 16.90 recently....
You know it depends on Mr. Market, the support (16.90) may hold or may be broken.........but you can be picking in tranches, if it dips then you buy more........ Dangsugar is a good stock.
You may also wait and watch, it all depends on you.
Pls do your DD.

ZENITH: Getting quite a lot of attention......
Told someone here to keep eye on it, hope the person was able to pick some units when it dips to 21.30 two days ago........no one can time Mr. Market....
Those waiting @11, E Ku waiting o.

**Not any form of advice.......just an advice to be buying value, especially if you're for long term**

locodemy:
Zenith is taking over.
But I prefer acquisition of a Ltd company to plc company.
There will be dilution in zenith shares after the acquisition.

Dilution or no dilution, Zenith is undervalued before self.
Anyway, we take it one at a time........let the winner emerge first.......
Loco also remember that UBN is healthy too..........released a good Q1 result.......

UNION BANK:
Almost full bid as at now.........full bid now as at now......
I see Zenith as the potential winner of the 49.97% Atlas Mara stake in UBN.....
If this is so, it's a win-win for both UBN and Zee........
Lol. Me and my amateur analysis.........that's just the way I see it anyway.

SEPLAT:
@604.40.........Up with N50+.......
ACCESS: Proving to be the boss......among the trio......@8.10 as at now .....
Total, Conoil, Aiico....Up.....
Linkage Up.......with 0.05k
Zenith.......sighted at 21.85/21.90....

**Caveat: Just daily market updates**