₦airaland Forum

SonofElElyonRet:
What was Ellah's closing price?

Still @9.24... but make we see what the closing price will be by 2.30pm

*Updated*
Closed @9.24!

NB @62!
This parent company, hope they haven't buy everything finish self? Lol
It may get to a time that NB may be scarce...
Note the 'may' o
From observation, they're really packing the shares......
The new guy is looking like a game changer.....
NB will soon catch up with Guinness

NASCON
Notice of Board changes.....

https://doclib.ngxgroup.com/Financial_NewsDocs/44431_NASCON_ALLIED_INDUSTRIES_PLC-NOTICE_OF_BOARD_CHANGES_CORPORATE_ACTIONS_JULY_2025.pdf

JAIZ Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/44437_JAIZ_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

EDUECO:
No good dividend history.
No good earning history.
I think junk stocks is a kind of disguised fraud.

This oga rest nah!!
Shebi you don buy your own fundamental stocks, allow others follow their minds on their choice of stocks too.
You just kept repeating same thing all over! Haba!!

**NB: Not saying you shouldn't comment o, but just trying to say you should stop castigating other stocks and other's choices

elpaso007:
Hello madam.
What do you think is driving this craze for Neimeth? Could it be due to Sentinemal Analysis a la Fidson?

It was even Fidson that was driven high up by sentiments.....
I've mentioned some of the factors in one of my posts, can't start searching for it now.

jamace:
Pls add my FTNCOCO on FULL BID. I have been in that BUS for too long. My target is N10..

Lol.
Dem suppose make you chairman for that stock 😁
Cocoa is not joking at all......
Just dey vex dey go...
Full bid @4.42!!

Meanwhile, CI Leasing @5.06......
All offers cleared...
Prof, I was also telling them that the results aren't that bad as many portrayed it.

* Maybaker trading at day's high... 18.55..
No 100k to move the price yet...

* CI Leasing @4.95..... don dey shake body small small..

Healthcare on the move......
* NEIMETH waking MAYBAKER up....

JAPAUL on full bid @2.72....
CUTIX on full bid @3.96..
ELLAH @9.24..
NEIMETH @7.89 full bid
HONEYWELL @26...... Full bid
LEARNAFRICA @5.54.... full bid
UPDC @3.92

* NB: Market Observation*

PETERiCHY:
GOOD LUCK to those that of us that were able to GRAB some UNITS when the MONEYBAGS were SIGHTED few days ago

JAPAULGOLD on FULL BID @#1.72...

I foresee their RIGHT ISSUE @ Circa #5:00
BARGAIN HUNTERS TAKE NOTE!

Japaul already started it's movement..... 😁
The bid is much fuller now than the one you screenshot.
Peter you will pay royalty oo 🙄

Princkez:
watch out for institutional investors to take up remaining 3b units @#100 and cash realised to be distributed as special dividend to shareholders...#10 per share, When and how ...I don't know ooo

I can remember that Princkez said the above quote and Bagwa also said something similar......

Though the financials talks about share distribution.......but let's wait and see what the heavy cross deal of N20bn OANDO is all about then (although the cross deal was done @53.50)

Cc: Streetinvestor

Mfunkynation:
Just checked my CSCS STATEMENT and I haven't been credited my VFD bonus!
Please any one yet to be credited their bonus?

Which bonus are you expecting?
I can recall vividly that you said you sold before the qualification date.

* Remember you asked for the likely markdown price?

You want to eat your cake and have it? Lol

Seems ICT are gradually taking centre stage too...
CWG, LEGENDINT, E-TRANSACT

* JAPAUL inching up small small too .....@2.44 so far...
* Honeywell @23+
* Pharmaceuticals (aside Fidson)
* CI Leasing price stabilized around previous close of 4.60/4.64
* VFD dumped as low as 12.89 earlier but reversed back up to 14.60 as at now...

JAPAUL @2.48 full bid!
Mr. Market helping Jegede's ministry 😊
** Offers available at 2.48 again..

jonnysessy:
I know you are not part of those that speak in parables here. You have a very good record on this platform. Please i need to know what you mean by this statement " Cutix is trading at day3 high 3.6 ATM....." thanks

That is, it's trading at highest price in the market for today's trading......(ATM means At The Moment)

Trade band for each day is: plus or minus 10% from previous closing price.
* So today, highest price it can trade is 3.60......and it's trading at N3.60

Last closing price: 3.28
Today's 10%: 3.28 x 10% = 0.328
* Lowest price for today: 3.28-0.32 = N2.96
Highest price for today: 3.28+0.32 = N3.60

** It's currently on full bid @3.60

July resumed generally on a green note....

Meanwhile, CUTIX is trading at day's high, 3.60 ATM...
Board meeting rescheduled for 9th July, 2025......

NB arriving Km60

Happy New Month @All.

leo1234:
Thanks 👍
Investor mode activated 😎

It mignt not even take long....
All that's needed is one good news from that quarter.
OGG once gave the fair value of CI as N9 previously.
Reason I still say we needed the fair price now, based on current results.

Understand that me I will not always look at issue the way everyone does.....
Needs to look much deeper.....😁

Bagwa:
May be they got buyer for 2nd trench bonus so that they can give cash instead of shares

I didnt go with this.

Tranche 2 was specifically made reference to in the 2024 audited account and June 30 (today) remains the qualification date.

The heavy cross deals might be from one institutional investor to another or one director taking position.

Let's await director's dealing disclosure on it.......if this is the case.

leo1234:
When I saw the comments about the first financial report, I cancelled my bid on another stock and jumped in @ 5.5 without looking 😳
I was lucky the free fund in my wallet was not much.

Loco and Prof. can help us move the stock to 6 naira Junction.

That's market for us....
Sometimes, you'll expect a stock to perform woefully following bad results but the opposite will be the case, and vice versa.

Try and exercise some patience, stocks have a way of retesting their previous highs.....all things being equal.

The result wasn't bad in my opinion, people were just disappointed with Q1 I think.
It will stabilize at some points.

At this point we really needed the fair value of CI Leasing..,..and Q2 might come with investors' expectations.

These Nsempas, una too get mouth 😄
Does all stocks in NGX obey fundamentals?
One day red with CI, theories full ground....

Although I also thought Loco and Prof had some insider private info.

Anyway, there's one Oga who is very bullish on this CI Leasing.
Let's see how the stock fairs medium to long term anyway.

jckgroup1:
The market doesn't seem excited about this or what is really going on?

Are you talking about PZ?
People won't digest it first?
Someone came to clear the offer up to 38 towards last minutes...
Let's see how Mr. Market react to the result.....
To me it's an impressive one.......
Let's wait for the guru's analysis on it.

From loss of N76bn in 2023 fye to profit of N5.5bn in 2024 fye

OANDO
358.7M single cross deal @53.50
That's around 20bn....

**

Streetinvestor2:
Thr is smart strategic style of dumping at a particular price range When the bid accumulates within the range they release it.The guys are doing good job..lol

The bonus plenty nah
X5!
Someone with 5M units for instance will get 25M extra.

But despite this, I think VFD is still selling at discount considering the current price of below 14....

Some couldn't get to buy till around N80+ when the bonus/dividend was announced
* Anyone who can wait medium to long term will benefit most......because VFD too is still coming to market to raise working capital

** I think it's those insiders with vesting shares that are selling and also creating panic sell in market.
Once they're done, the share price will stabilize and ready to move up anytime

GeeKudi:
Very bad one. They should have just held it for some days and let the Audited FY24 breathe a little.

What makes the Q1 to be very bad?
We should understand that they're into leasing and services may somehow be seasonal....

2024 FYE was impressive from the Group
2023 FYE PAT = N9.5bn
2024 FYE PAT = N21bn+
This is over +100% gain nah

Abi na me no look am well?

Even Cocoa with no revenue is presently at N3.60 in market......all the way from N1+

So, CI with better profits @4.69 or so
Cocoa with no revenue @3.60!
Wonders of NSE!

Why is market punishing CI Leasing....
But the result was good nah....
Even though Q1 2025 was a bit lower than Q1 2023, but they still made good profits.....
Ok. Na only PAT I don check so far anyway

ELLAHLAKES
@7.70 full bid now......
FIDELITY MM dey learn work where Ellah's dey

VFDGROUP
Lots of sell off from bonus holders.....
Keep eye here for bottoming.....

NEIMETH
@5.80 officially.....
@5.91 intraday.....as at now.......
Full bid @5.94..

opaclem:
You are on point. Oando is already on gradual movement. Management rascality is fading away.
Profitability is within horizon.

Oando movement looks deliberate......
The MM also Sabi work but maybe they're waiting for the right time to hit the market....

Ourown:
Please, what platform can I use to view details of offers and bids in real time? Thanks

Which stockbroker are you using?
If you're with Morgan, Atlas or any of the digital brokers, you should be able to view it.

faoogoke:
I left the Ellah Lakes train this morning at 7.20,7.30 and 7.40 and with over 100 percent gain.
Presently dipped to 6.30
Some people are struck!

Go check again....

Oando, we are waiting for this type of stunts....
Ellah MM seems to sabi the job well well

Japaul, VFDGROUP, hope you're also learning.... 😊

Locotrader:
Jegede hope you are serious now.
Learn from Ellah

Seems pumping has started already in Japaul
Not sure o...... it's just from the movement in market...

Ellah should have pumped the price to around 15 at least before the capital raising news....
It's reversing up small small now sha...

VFDGROUP
I learnt the bonus have been added to qualified individual's CSCS Account...
Do check to confirm this (I haven't confirm it myself) and instruct your stockbroker to move it to your Trading Portfolio.

OANDO: One day this stock will break out and disappoint those that turned it to regular jijo stock........Na lie, Na lie, go come become Na true. 😊

Btw, Oga BBM sighted!
You're welcome back sir. 😊

moneymanager:
Pls note that sometimes when a stock has been red all day, some members here wait until the market is about to close and then pump their cash in to change the price from red to green and then they say the market changed directions.

Has the Ololo arrived yet

Since you've been on NGX, so you don't know there are Market Makers, whose duty is to ensure liquidity among other things?

You don't know each stock has its own MM and that they're more active than another?

Some MM ensures that a stock price does not go down beyond certain prices...... if it does, they move it back up by pumping cash.....

Let me leave you with the assignment to read more about Market Makers....

Also, you have an assignment to find out who the MM of the stocks you normally post here are..... GT, UBA, ACCESS, ZEE.......and come and tell us here.
Your time starts NOW! 😁