₦airaland Forum

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.

Market:
Closing at 12.30pm today......

MTN: Up with 9.90..........to close at 169.90...

FCMB.......down initially but Up with 30kobo in last minute! Power of MM with superb manipulations (vi cross deals).......
Those that bought @2.88 will be closing the year with good profit....

**Updated**

ojeysky:
But wapco is much longer yet.....

How do you mean sir?
So you were back in Wapco at higher price after selling to someone at discount?

ukay2:
BUAcem is too aggressive

.......and planning stiffer competition with dangcem.
The coy has been in existence for long nah.

We may call it pumping or whatever, my own be say, anything wey go make us chop with moneybags is welcomed.....

nna777:
Not for the fainthearted. Back to full bid. New support sighted.

Lol.

currentprice:
the way this stock is pumping is a likely sign that mkt Bears is closer. nothing supporting the cp

let be careful

Welcome back sir.

You may be looking at the current fair value but I think BUA may be heading towards N90/100 in near future on the news of the contract signed with a Chinese firm to build three cement plants in 3 states.
Posted the info not long ago and it's all over media.

megawealth01:
Access is hugely undervalued... It should be trading above GTB honestly

Above GTB!!
You and your bogus prices self.
Anyway, to me, Access should be trading at double digit soon........

BTW, Japaulgold is trending in market today......

jamace:
So, what do we expect to see in Insurance stocks? Price going up or price going down?

Nothing changes in Mcy's opinion......cos no significant thing has happened so far........except the attention and positive sentiments it's enjoying.
Aside Aiico, I don't think any has really delivered as such.
NEM, Mansard: Are riding on bonus issue.

SMA50:
I saw it too. We continue to HOLD.

Yes. Just keep it.
Think I've been shouting it that the kind of fund entering that stock are just too much.....also Zenith and UBA.
Though offers are more than bids at the moment, the price may fall further BUT it's a stock to watch and key into.

ACCESS: 9.35!
About 55M cross deal at 9.35.....

BUACEM: 77.35 ........up with 6.95......…..

BUACEM:
Full bid @70.40!

DANGCEM:
Alhaji's guys at work........+N5.5B done so far......

EchoLima262:
I want to invest for dividend and get out the funds afterwards. Looking at UCAP, ZENITH, etc. What will all ogas here advise please, abeg?

I'll advice you allow the festive euphoria to go first.......quite some posts have answered your questions concerning this period.
Reading some pages of this thread to see related comments/advice can't hurt.
Anyone not yet in a stock and planning to buy around this time is taking a huge gamble...........only Jijoists are allowed.......
**My 50cent opinion**

elpiro:
From time to time,it is good to also ask your doctor,"How are you?"

On top this Japaul?
No be small thing........
Make those of you wey well stay away and allow those wey wan follow Jegede chop....chop in peace.
Nsempas no dey buy nah...... except maybe very few.....

Your Zee is moving gradually......now 25.25........at least you go sip your wine on top this info nah.

chunkuli:
please has anybody gotten the NEM bonus creditted to their account?

Not yet.
New date for closure of register was 17/18 Dec. No date for distribution of bonus.....buy may start coming in anytime from now.

BUACEM: N70.40........up with N6.40....

AIICO: Still open @1.24.........seems there won't be another markdown again, was marked down before.......

FTNCOCOA: Watching out for support here......as well as updated info from the coy.........did over +350% initially to beat Neimeth for 2020......

NEM: Still on full bid.......Up with 14kobo.......now N1.63.......

ZENITH: Moving. gradually..........too much attention on this stock..........and also Access, UBA.

JAPAULGOLD: Full bid @57kobo.....

nna777:
Based on sentiments, Ftn has finally cooled off after reaching 97k before reversing. Japul still probably has a 90% upside from CP before cooling too.

@Mcy56 I thank you oo. entered japul @37k after doing my DD.

It's important that you play with what you can afford to loose, so if it goes sideways, no one is to blame.

Thank God.....fellow Japaulian.

@brokerharuna
- Mr. Market may surprise everyone come January that you're talking about....
- The type of fund entering some selected stocks are just too much that, to pull this out of the market may crash it bad.ly...........and the funds are still entering........doesn't look like these funds are ready to move out in haste.......
.......Why?
** Dividend season is around the corner....
** Fixed income instrument is still low....
** Nations have better way of tackling/handling Covid compared to when it first broke out........

Caveat: This is strictly Mcy's perspective and may be very wrong.......
Just sharing opinion here.......

@Danniee
- Transexp is highly ILLIQUID!!
- Into freights/courier and related services.
- Used to be a dividend paying stock but 2020 might not have being a good year for the coy.
- Admin expenses has been chopping so much into their profits and may land them in the negative territory if not controlled/cut down on time
- Closed @72kobo in today's trading and It's close to it's 52weeks low (68kobo).
- A stock mostly for long termers......or may get you stuck for long term........
- No info yet on any plan from the coy.
- If you're interested in this stock, keep eye on it and be paying attention to any info that may surround/come up from the angle..

Na Wetin I know be that..... not any recommendation.......

Leggitsam:
Just take a breath. Madam mercy, the CNN of NSEMPA .

All these old wines with new monikers.....you mean to say "CNM" - Chief Noise Maker of Nsempa? Upon all the noise making I no see chicken chop for Christmas self. Issorite oo.

Anyway, let me use this medium to say a big Thank You to @bumba1234 .
He's been so nice to me, the only Nsempa that remembered Mcy during this Christmas, ....knew me on the pages of Nsempa and WhatsApp, yet he advises whenever I ask for opinion on some bothering issues. Thanks so much bro.
Another Big Thank You goes to Sir Wanaj0 . He's been a very good brother and patient.
Thanks so much Sirs. May the good Lord be gracious to you and yours IJN.

Nsempas are still seeing Mcy on this thread cos of these two ogas ooo.

Thanks to Oga RabbiDoracle too. God bless you sir.

ACCESS: Moving ......8.85 now......
BUACEM: Up with +N4.....

Jochez15:
Ok thanks.
All this people dumping, I don't think they know.

I expect Aiico to shift the date backwards to the last trading day instead.
Similar thing happened in NEM - qualification date passed, some sold, just to see that the new qualification date was shifted to either 21st or 24th Dec again....
What of those who held it for long, sold and would end up not being qualified?
I don't think it's fair.

In another news, Lasaco on full bid @37kobo!
That's what we say, that Mr. Market has a mind of its own, anyone that follows my opinion, make Una no vex, it was categorically pointed out as my opinion and that's what I may have followed......Maybe that's where risk taking and following one's mind comes to play.......together with doing DD.

** @36kobo again.....we see how it goes....

dipoolowoo:
Investors Raise Eyebrows FTN Cocoa, Japaul Gain Over 40% in Four Days
https://businesspost.ng/economy/investors-raise-eyebrows-as-ftn-cocoa-japaul-gain-over-40-in-four-days//

They didn't raise eyebrow at Dangcem and Airtel's manipulations. Dem try.

@Chibuking81
Let's just allow Mr. Market take care of things.
Mansard already adjust share price down for bonus issue and it closed @1.05 on the last trading day.
Remain adjusting up after reconstruction. This will take place in Feb 2021 all things being equal.

eziokwunwoko:
Is your recommendation Not to buy: greater than 30k?
Buy: at less than 23- 28kobo
House Please comments
I am confused as lasaco had not come up with the recapitalisation plans

Lasaco only planned reconstruction of shares into ratio 1:4.....
E.G. 40,000units will become 10,000units after reconstruction........i.e. 40000÷4 =10,000.

Lasaco needs to come up with clear plan on pre and post reconstruction in my opinion.

I however think buying at 30/32kobo or below is still okay. This is just my opinion, there may be pecks attached to the reconstruction but which we're yet to know......let them come out in clear terms.
**This is an update to my previous post on Lasaco**

Anyone with much info can pls post so we can understand better.

As for multiverse, this has been at car park for long. From my side, no info yet on this stock and I will say: instead of tying capital down on "hope", go for dividend paying stock instead.

@Chibuking81

You didn't consider Mansard fair value in your calculations.
You're not supposed to use N2.56 as example in the first place.
Remember Mansard was trading in the range 1.65 - 2.00 mostly before bonus issue came up.
From my own little understanding, Mansard at below N1 is underpriced.........both before and after share reconstruction.......though we all know Mr. Market has a mind of its own.

longlife20:
@Mcy56, do you have any info on Lasaco.

The other handle was banned when I tried to reply @chibuking81

Did some findings too and got to know that Lasaco would be doing share reconstruction of one for every 4 held. No info on this in NSE corporate disclosure.

Unlike Mansard who gave bonus to take care of the reconstruction plan, there's no info on bonus issue or whatever on the part of Lasaco.
If Lasaco should get to 40kobo pre-reconstruction for instance, the post reconstruction price will be 4*40kobo = N1.60.

My concern is: How Mr. Market will handle this kind of price for insurance coy post reconstruction. Think there's need for caution here.