₦airaland Forum

EDUECO:
I have lost trust in First Bank...

With Otedola at the helm of affairs, FBNH will still do well....
Besides, FBNH is among the 4 banks that made Africa's most capitalized bank in new ranking recently....
* The target price for FBNH is 40 according to some analysts

https://www.legit.ng/business-economy/industry/1659954-access-zenith-bank-uba-bank-list-africas-capitalised-banks-ranking/

yMcy56:
Opportunities in banks.....
Don't follow herds mentality to sell off your bank stocks, at least don't sell at loss.....
Some people are waiting with sharpened Cutlass to pick from you cheaply.....

* GT already stabilize and reversing back up with higher bids than offers.....

* Counter news may again surface, those guys at the helm of affairs can confuse themselves sometimes....
How will they say banks shouldn't pay dividends?

The big ogas already finished loading, now moving the banks up.. 😊

* Zenith @47.95/48 as at now
* UBA @34.25.....
* ACCESS @21+
* FBNH @26+

We go all dey alright las las

Sunrisepebble:
I’ve exited about 25% of my position today. I didn’t expect 50% ROI within two weeks when I started buying

You follow join marketer for Fidson nah. 😊
You know some investors here probably trust your judgement on some of these stocks once you mention any.
That's just my observation too.

** That's the more reason you should be careful of negative comments or watch how you word such. Lol.
Its like Nsempas don place you among the gurus and Ogas on top here.

FCMB
Seems CBN is not truthful on this forbearance loan issues......
Maybe one officer don shayo come dey misyarn for public place......
Why not detailed in this indictment of some banks?
Or maybe come out to address some of the banks claims that they're remitting it to CBN

Wonder why Fidson is doing solo movement without carrying others in the league along.......
Typical example of a self-centered leader......😊

Meanwhile, some banking stocks are trading around their RI price or even below at the moment......
For how long can these stay down or even go lower again?

* FCMB already restated that their dividend payment policy still stands.......
* FBNH trading around RI price....
* UBA trading below RI....
* Bank recapitalization is still on course with a deadline to be met........
We see what coming days will bring...

** Meanwhile, GTB is @77 in market so far......
Whosoever picked @66 yesterday will be sitting on N11/share profit by now.......wow!

Sunrisepebble:
Can’t see any rights issue circular.
What are the details ?

It's already in the news section of brokerage firms.
Can't login to copy now

CHAMS
Right issue circular is out.....
Hope they'll be able to defend the share price..

wanaj0:
I dey look for transport fare. Make I kuku buy ABC Transport shares to dey carry me waka.

Twale $$ boss! 🙌
Nice to see you on the thread after a very long time!
The guguru analysts says welcome back sir. 😁

ABC transport to dey waka?
Did presidency come to borrow your private jets in NAHCO and SAHCOL's custody?
Boss,no come dey whine us o.

CBN's circular to some banks on forbearance loans.....

*GTCO says they've long cleared it and was clearly stated in the published 2024 FYE report
* ZENITH says it will be cleared by June 2025
* We await response from other indicted banks as well...
* Meanwhile, shey First Bank dey follow them drag dividend payment or no payment? 🙄
How much dem dey pay before self? Lol

So, CBN needs to check their records and come up with updated info on the circular.....and stop causing unnecessary panic in the system.
Make dem no spoil the good reforms ongoing..

leo1234:
Preserve your capital

Doesn't look like now.....
Today's trading was CBN induced....
Just my opinion anyway.

* The volumes that exchanged hands in the banking sector were pretty much...

E Ku Market o
No be small thing....
Let's hope CBN will clarify issues on the circular released.
Same thing they did last year and sent confusion into the market, just to come back and said it wasn't so or wasn't like that.

Did anyone notice accumulation in O&O ?
Or is it only me seeing accumulation while someone else is seeing sell off?
Even when the first sets of bids were lower, some crossings were done at higher prices....
It's well.

olawaleatanda:
based on units you bought
Gimme the app to get these stuff I want to invest

Register directly with a digital broker with live trades

Meanwhile, MAYBAKER on full bid @16.90.....

Those complaining about being trapped in SEPLAT, the way is open since last week.....
Bids available......
Currently @5245 intra day

Agbalowomeri:
I trust them, they are working on it

Never to say never....but maybe another year......because the kind defence going on in the banks, especially Fuga.z no be moinmoin. 😊

Agbalowomeri:
If I fit see Zenith for 30, I fit manage am

30? Ok o.
E be say you go reach CBN or see Cardoso make Dem help you trigger more panic sales. 😁
Nothing is impossible anyway.

This market sha...
The panic sellers may be struggling to enter back now...
ACCESS for Example opened on full offer @20.15.....
It's currently @21.40 in market...
Smart investors sitting on N1+ gain in less than 2/3 hours...

Agbalowomeri:
So you don't understand that people are moving their Oando profits into banks at cheaper price. It is not a coincidence

Lol. Understandable.
Some bids on queue were withdrawn to key into banking stocks
Was selling @circa 72 before the banks took the spotlight
It moved back up with +N2 not long now....

Btw, are you also back in banks?
GT or ZEE? Lol

ZENITH now @46...... with big ogas buying volumes.....
GT @71/71.10
UBA @34.10
FIDELITY @18+
FCMB @9
ACCESS now @21.10 ...... from 20.15 full offer

.... so far...

Meanwhile, is OANDO also in banking sector that some were panic selling!
Na wa for these people o, Oando na their problem....either they like it or not, it will go up, Mr. Time will take care of it
** Looks like some Ogas are trying to enter much cheaper too......

SonofElElyonRet:
Please what's the situation with UBA? my broker earlier told me on offer, no buyer... Is there any reversal? Make I cancel sell order?
O my beloved UBA...

There's over 13miliion bids available for UBA now.....
Those guys knows how to pull trigger once they want to enter some stocks cheaper.....

GTB is now at 70 with over 41M bids against 6M offers.......
Now @71...

KarlTom:
I'm contemplating between buying today or waiting till tomorrow...
In all this 'confusion', I would have expected the CBN or/and the Banks to release a statement to clear the air but...

Better start buying today......
GTB has rushed back up to N70 as at now....

ACCESS offers @20.15 is almost cleared.....
While some are seeing danger, some smart investors are seeing opportunity....

** Not any form of advice anyway**

Opportunities in banks.....
Don't follow herds mentality to sell off your bank stocks, at least don't sell at loss.....
Some people are waiting with sharpened Cutlass to pick from you cheaply.....

* GT already stabilize and reversing back up with higher bids than offers.....

* Counter news may again surface, those guys at the helm of affairs can confuse themselves sometimes....
How will they say banks shouldn't pay dividends?

debeey87:
They should rather improve on their dividend yield. Bonus issue won't do any good.

To be fair, I think CWG has been doing this over the past few years in which they commenced dividend payments....
Go check the dividend history..

Meanwhile, some cross deals are ongoing in DANGSUGAR, the sheriff in town needs to increase his stakes also.... lol

Who is this hefty guy in CWG?
Is the company planning something?
Although at some point, I'm expecting bonus issue here anyway...

Meanwhile, Oando inching back up gradually..... @66.35 as at now.....

For Maybaker:
The total OS is 1.725bn....
Substantial Shareholders and directors carry 64.85% of this while the remaining 35.15% is free float which translates to approximately 607M units

Streetinvestor2:
lwkd.i never equally defend oando results like I have done to any stock oh.Like say na my papa follow own the business. Wale I am coming for next agm to collect my own take home.Even sugar way I been dey get emotional attachments/afolabi units no drag me as per results with IB
I don stop for oando

.... but you were right this time around..... Talking reality even if some don't believe it, at least we can't all have same view.
Many good things are happening in Oando, mining, crude Oil, Solar, electric vehicle, acquisition, increase revenue, international contracts, refinery, etc.
Let's see what Q1 and Q2 will look like... 😊

SonofElElyonRet:
The most bashed stocks on nsempa are Ellah and Japaul . Hoping Jegede will make moves and bring some positive price action to Japaul

They never bash Ellah reach Oando
Even the ogas joined for Oando matter 😁

FIDSON @38.....
If you can't lay hands on Fidson, buy Maybaker still cheap.... Or, Neimeth 😊

DANGSUGAR looking up......
May do the catch-up with Nascon....
Nascon has a way of waiting for it...
The new boss is a game changer, someone whom Alhaji trust to steer the ship safely to higher destination...
We await Q2 result..

Oando not doing bad in market......
It was closed to full bid at some point before the itchy fingers starts selling......
They'll join the bus higher.... 😁
Na so we talk am when they were panic selling @38...
* Currently @66 in market....

CWG....... Some cross deals ongoing here too
Offloading and onloading...

Stanbic, Ellah ...... on full bid

zendi:
Aliko demotes Sugar on his attention priority list.

https://stocksng.com/aliko-dangote-retires-as-board-chairman-of-dangote-sugar-refineries/

I think this is good news for DANGSUGAR because Alhaji no longer have time to pay needed attention to the company.
Now the Directors will have free hands to operate and return the company to profitability without Alhaji dipping hands anyhow into the finances to take care of the refinery
* Now is the time to keep DSR on close watchlist

https://doclib.ngxgroup.com/Financial_NewsDocs/44259_DANGOTE_SUGAR_REFINERY_PLC-DSR_PLC_ANNOUNCES_THE_RETIREMENT_OF_TWO_NEDS_CORPORATE_ACTIONS_JUNE_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44258_DANGOTE_SUGAR_REFINERY_PLC-RETIREMENT_ANNOUNCEMENT_OF_BOARD_CHAIRMAN_OF_DSR_PLC_CORPORATE_ACTIONS_JUNE_2025.pdf

Btw, Una don push the pages of this thread reach 9099!

bastardson:
Wow.. I would take note of that in the next trade day.
Thanks

Find time to go through the online user guide, it's self explanatory and can be easily understood and applied.

https://www.morgancapitalgroup.com/downloads/MorganCapital%20iTrade%20%20-%20User%20Manual.pdf

You can find it under Morgan Capital download page below:
https://www.morgancapitalgroup.com/download

The CWG offloader is so heavy, he's preventing the share price from moving up.....
Believed it will move and cross Km 10 once he's done...
It could be that the directors are trying to increase free float as well.

SonofElElyonRet:
Mercy that reminds me, has regency alliance sent the bonus issues?

Not yet....
Guess there's still issue on this with SEC...
Their Registrar doesn't have updated info yet..

bastardson:
I use Morgancapital

Then you should be viewing it nah.

- Once you login, click on one small icon at the upper left corner..
- A drop-down menu will appear...
- Click on "Market View"...
- Once it comes up......... You will see a column showing "All Board"
- Click on it to select "Eqty" or " Premium" from the drop down menu.....
- Then scroll down, you'll see the live trading as it's ongoing in market..
- The bid table (blue), Offer table (pink) and the live trading can be seen at the base of the live view page