₦airaland Forum

DeRuggedProf:
I have seen, I am leaving tomorrow. Mark this and know peace, don't disturb Loco tomorrow...
Everyone should interprete this message at his own level of indecision!

Prof, what's all these nah?
Why not speak in plain language so that the evening school students can understand your message.
Even myself that used to decode your parable is left confused!

@Loco, can you pls decode this...

Valthegreat:
Please Mcy kindly help, which user friendly app can I use to monitor bids and offers on the exchange? Morgan is not effective at all.

Morgan is effective.
The general delay in data today is from the Exchange itself.
Besides, you can be checking NGX website.....but I don't think it will display bids and offers, only price changes.
You can be checking stock bubbles as well.

NNFM, BETAGLASS did +10% already in early trading hours.....
NNFM full bid @131.85..
NB @56.50 so far....


Delayed data: Seems to be from the trading engine .....but picking up a bit faster......though still with some minutes delay

NNFM
Officially @119.90!!
Up with +10%...... N10. 90!
This one is moving like Beta glass
Has very small OS 178.2M, even smaller than that of Betaglass, so won't be surprised if it goes up far more

ACCESS @23.35 so far.....

JAPAUL...... Buyers and sellers monitoring each other, looking for who to blink first 😊

Neimeth on full bid @3.70

Accumulations ongoing in PZ @29.10...... lots of chains of transactions

ositadima1:
Let me tell you the next one — but make sure you clap o, so I go get the confidence to keep talking.

Lol.
Oya tell us the next one......😁

Btw, here's your clap, you tried.... 👏👏

* Also dont forget to appoint Loco as your marketing manager 😁
Even though I have small reservation for his Chams call for now.

[quote author=Valthegreat post=135389684][/quote]Thank you too.
Don't sell your PZ in a hurry...
Or if you sell, keep it on watchlist
Waiting for result which will be due by ending of this month, PZ is expected to trade above 40.....all things being equal.....only requires patience.
Once this debt to equity conversion is sorted, PZ will trade higher than present price.


* Updated*

Streetinvestor2:
Lafarge Court case concerning the selling to chinko company may be good thing for minority shareholders. It will give us opportunity to demand serious premium from the chinko guys.I saw the Court matter this morning moved to next month for hearing as jurisdiction has been established by the court

I think this is positive news for shareholders......
Hopefully, they'll be able to demand higher payout.

https://www.thecable.ng/lafarge-fails-to-stop-court-from-hearing-case-against-planned-sale-to-chinese-company/

* NNFM : Awaiting 100k single transaction to move up with +10% for today...... done!!
* Honeywell on full bid @18.15.....
* ACCESS at 23 as at now......
* NAHCO done with pullback?

JAPAULGOLD
Seems MM is getting ready for dumpers ....
Now @2.08
Let's see how it goes when the news circulate .

NNFM @119.90
Honey @18.10

ACCESS responding to "hope" .... Who says hope is not also a strategy now 😁
Let's tell them what they want to hear, make dem allow our stock breathe in market 😁
ACCESS is undervalued @ 21 btw.

Locotrader:
Do you know Transcorp shares is good to trade now than in those days of 40B units?

Nothing is bad if Japaul can raise the money and embark on share reconstructions.If there are numbers to support the post reconstruction price,we will join the train then.Its a matter of TIME.The time there is what I don't like

Sono said they will jack the price before announcing the date of private placement or right issue.I go like to play the Jijo if I see the sign.

This price pumping is what I'd expected them to do as the first phase self, the time market was going up, they should have moved it to N5 at least...
Then find a way to jack it up more..
I hope they'll be able to storm the market with enough fund to move the share price btw now and 30th June....
Dumpers dumping, MM picking up....

Also, in this type of fund raising, govt intervention would have been good and necessary too
Or maybe foreign portfolio investors

chimex38:
Seems requirements for Mining licence aint easy to come by..
They need Dough.

To build a gold factory no be moi moi!
Huge fund is required
After all these fund raising and all that..
There'll be share reconstruction.
We keep monitoring how the whole process pans out

Japaul to raise capital....
This one go loud o.....
14Bn OS to increase to 100bn

https://doclib.ngxgroup.com/Financial_NewsDocs/44109_JAPAUL_GOLD_AND_VENTURES_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_MAY_2025.pdf

Streetinvestor2:
That NNFM dey surprise me after selling. Na thr parent company way delist make me vex

That's one stock many people didn't expect to perform magic....... But their OS/free float is very small.

Honey well free float too is not much..

NNFM full bid @109.50!
HONEYWELL @16.50!

Honeywell @16.40 as at now.....
Successfully crossed the N15 junction again...

vefexam:
Thanks ma.
For helping newbies like myself.
I was able to buy some units at 53.10 that was my limit price.

Also there is a DCS or whatever is called on my account, when i sold my shares, the money was sent to my bank.
I don't know, should i message morgan capital to change it or there is a way i can change it on the itrade portal?.

Below is answer to your question:

yMcy56:
You're welcome.
This should be a reminder to everyone to check if their Trading Acct/ Portfolio is in DCS (Direct Cash Settlement) mode
* You can know this if it's CSCS that used to pay you each time you make sales in your trading account
* If it's in DCS, contact your broker to forward a DCS Form to you
* Indicate "NO" for Direct Cash Settlement.
* We've discussed this here on different occasions
* This is just a reminder*

@Mankind2024
Concerning your DEAPCAP post, I don't seems to understand what you're driving at.
What I understood was that DEAPCAP is indirectly present in TIP and have controlling stakes thru DVCF, even though Deapcap's direct holdings in TIP was sold off at circa N1.
Can you pls tell us what you inferred here........good or bad for DEAPCAP?

Locotrader:
The difference between what I said earlier and yours is Long Epistle.

Weldone sir.

😁😁
I saw the epistle, I just said, this one no be rush rush reading, I go take my time to go thru it.....and possibly reply to it.

yMcy56:
Lol.
The bids there though!
Seems the parent company is buying/accumulating

Meanwhile, despite the profit takers, there's buying pressure in Oando as well.

Oando still closed @53.50!
Signifies that accumulation is ongoing...

Closed to 10M units in transaction today..

I think Chellarams still have some upside to make too.
The total OS is around 723M with over 82% domiciled with the substantial shareholders.
Possiblity of coming to raise fund is there....
Besides, they're into conglomerates, selling varieties of household items.

Agbalowomeri:
Omo the billionaires wan arrest the soul of NB
Make una share loot gimme

Lol.
The bids there though!
Seems the parent company is buying/accumulating

Meanwhile, despite the profit takers, there's buying pressure in Oando as well.

vefexam:
yMcy56
Please i sold my dansugur due to the lossythey have made in 2 quarters.
I want to buy nascon, please what price do you think its fair to buy at.
Thanks i will be anticipating

*Update:
Intraday, Nascon is selling as low as 52.20 as at now, possibly because of DS not yet moving.....
Although support is observed @37 for Dangsugar so far.....
You may have to keep your bids lower, maybe it will get there......OR, be picking in bits as earlier suggested.

** Note: Nascon was emphasized because that's what you made inquiry on.

brodalikeme:
@megawaelth01, @yMcy56, I hail una, what do you advice on DEAPCAP at current price. Should I accumulate? I am tempered to do so.
I am no a long timer sha.
Many thanks for the insight

* I think DEAPCAP is for the patient ones.
* I've posted about it here a long time ago, maybe last year when the issue of Debt-to-Equity issue came up @1.69k per share.
* The management is still on it and the resolution passed already but we know how SEC used to drag and delay these things for long.
* You can keep eye on it to know when this will be approved and they'll be coming to market since you're not a long termer.

https://doclib.ngxgroup.com/Financial_NewsDocs/Deap_Capital_Management_and_Trust_Plc_-_AGM_Resolution.pdf

Umehj88:
You actually named the stock I got some afolabi unit at 4.47 after your call sold it recently thou and booked some good profit thanks for the call

Oh!!
Just saw this..
Good! I know I couldn't have hidden such info but not aware I mentioned it.
Enjoy dear b/sitL. 😊
Guess I again mentioned it when it delivered over 100%

Umehj88:
I'm only saying thank you, you no wrong me ma, instead nah you be my helper

Oh! God's name be praised.

[quote author=Umehj88 post=135362193][/quote]Oga you quoted me...
Wetin be my offence?
Make una remember say I be newbie and gambler o.....I fit be wrong. 😁

vefexam:
yMcy56
Please i sold my dansugur due to the lossythey have made in 2 quarters.

I want to buy nascon, please what price do you think its fair to buy at.
Thanks i will be anticipating

I blvd you know how this market works o
News move it much more, so it could go up or down....... But if you're a long to medium termer, start picking @CP 54......
If it goes down then be picking in tranches....
*OR be on the lookout for news that will eventually move it......because Sugar is still keeping it down

Observing it of recent, it's been building resistance @54....
Fundamentally, it's Ok
Technically, na my ogas on top you go ask......

** In the recent AGM as posted by KarlTom, it was noted that the merger talk is still on.....
** DS coming out of loss small small
** These may influence the positive movement more...... barring any unforseen situation.
** You can pick small M&B if it's in within your radar too.

* Caveat: DD still advised.

toyeoye:
📊 NGX market wrap – May 13
The second session of the week wrapped up on a bullish note: 44 gainers vs. 26 losers, showing strong market breadth.

🔥 Top gainers
• CHELLARAM and OANDO closed at the ceiling — +10%
• BETAGLAS surged +9.96%, now WTD leader at +20.95%
📉 Top losers

This CHELLARAM, I could remember mentioning a very very illiquid stock here that time, that I won't mention it because some would say it was moving because I mentioned here.........
It was trading around circa N2 or below that time.....
July 2023

Only one person asked me privately which stock I referred to and I told the Oga.
Even myself cant buy because it's not trader friendly...

The rest, they say, is history today......
Osita, if you like continue to say na entertainment I sabi for here.......or make Una dey ask "if Saul is also among the prophets" 😁

Streetinvestor2:
Na gurus only when market turn green. When e turn red they go leave the thread for mecy

Lol 😁

* Fidson @27.50!!
* Maybaker should shake body too 😊

olig:
Na that volume be the problem. I only managed to get 100k yesterday. Most time, I am late
I added fund to buy more Oando at the target of 40+/-2, but Oando no gree.

What else for short to medium term please?

When dey no gree, you for increase your bid price nah. Lol

Seems NB is done with pullback......

Streetinvestor2:
Lafarge marked down for #4 interim dividend today

NAHCO also marked down for N5.94 dividend today.
Payment date: 23rd May

Una well done with this Ellah Lakes pala.ver ooo.....At least Oando rest small for your hands.... 😁
Anyone who believes in Ellah should stick to it.......
In fact, with this much badmouthing, me self go look that side now..... Hopefully it can retest N2.80/N3..
If na dongoyaro dem plant, make we all dey reason am together, e fit even be hibiscus flower self 😁

Even Martins self don see say, no be by years of trading or fundamentals alone...... 😁
Person wey suppose chop Oando largesse and cruise it from 10 to 90+ but was busy abusing and insulting that time....
We go all dey alright las las