₦airaland Forum

Mfunkynation:
Thanks so much madam for the info about VFD opening price after mark down.
Garcias

You're welcome.

* VFDGROUP was marked down today for both bonus of 5:1 and N2. 50k dividend.
* Opening Price: 15.60
* Currently on full bid @17.10.......+10% upside for today.... 😊

This Abbeybids, can it sustain the share price of 9.85?
Even trading above FCMB in market today...
Wonders of the century......
Though I didn't check out the OS anyway
Hope the current price is not a trap

cocolacec:
Japaul to pay a dividend of 4k

Jegede no fit change, Jegede no fit change....... He don change now oooo
What are the critics have to say again....

* N1.68bn Profit After Tax
* Proposed dividend: 4kobo
* JAPAUL back in profit and dividend payment.

https://doclib.ngxgroup.com/Financial_NewsDocs/43828_JAPAUL_GOLD_AND_VENTURES_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_BOARD_RESOLUTION_BOARD_MEETING_(BM)_APRIL_2025.pdf

Mfunkynation:
Good morning madam, please kindly check your email and reverse back.
Thanks

I replied you already.
Na you go check your mail sir...... and if it's something you can ask here, then pls do.

cocolacec:
Access

N2. 05k Final dividend....
Not bad at all
I expected the stock on full bid...... but seems Mr. Market has its own mind, or maybe the news is yet to be circulated or digested well.

Corporate Action:
Final Dividend: N2.05k
Qualification Date: April 29, 2025
Payment Date: May 15, 2025


https://doclib.ngxgroup.com/Financial_NewsDocs/43801_ACCESS_HOLDINGS_PLC-CORPORATE_ACTION_ANNOUNCEMENT_-_ACCESS_HOLDINGS_PLC_CORPORATE_ACTIONS_APRIL_2025.pdf

idealtailor:
Good day everyone,
Please can anyone explain to me why prices of stocks are cheaper in bamboo than Stanbic ibtc brokers?
For example, dangcem cost N432 in bamboo but cost N480 in Stanbic its brokers.

There are rules that guides trading in NGX.
1. For each trading day, a stock can either increase or decrease by +/-10%
2. Stocks can officially increase or decrease if a single transaction of 100,000units or more is made.
3. A stock can go on full bid (buyers queue with no offer on the table) OR, go on full offer (sellers queue with no buyer on the table) during the trading hours (btw 10am to 2.30pm on trading days OR, have both Offers and Bids.

Now to your question:
* All broking houses are connected to the Nigerian Stock Exchange digital trading platform and all traders/investors/brokers, regardless of where you're staying trades from same NGX Trading Platform........ meaning, Stanbic oo, Bamboo oo....and every other houses does not have different price for any stock.

*DANGCEM has been on full Offer (Sales) at -10% with buyers coming to buy (what you want to buy is on ground), but no 100k single transaction to fall the price.

Hence, the official closing price of DANGCEM remains N480, But you can get it at -10% that the sellers are willing to sell to you, which is N432.
It can go as high as N528 and as low as N432...You can buy at any price within the price range until the price changes (with 10kobo par value mvmt).

* DANGCEM official opening price = N480
+/-10% band = N432 to N528.

** This has been discussed several times here.
** Hope it's understood.....I didn't use big terms at least....... Though the explanation long small

AVAIF
Distribution for 6 mths period (9th Oct 2024 to 10th Apr 2025 = N98,189.60k
Qualification Date: 14th April, 2024

* Total OS : 45 units

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/NOTIFICATION_OF_DISTRIBUTION_PAYMENT_TO_UNITHOLDERS_OF_THE_AVA_INFRASTRUCTURE_FUND_.pdf

Agbalowomeri:
If I fit see Aradel @120 laidis, shebi I for buy to sell @240? God is able to do all things

🥺🙄🤔

aj8:
Access: High volume (deep pockets) transaction significantly below opening price ( covered charges) , around support, ready to move up!. AMD: (M)

Reverse for FCMB… AMD : (M)

AMD = Accumulation Manipulation Distribution:

Thanks boss.
Accumulations has been ongoing in FCMB since Monday.......price slowly but gradually moving up

ACCESS looks like offloading.......... offloading to who or by who is still not clear......
Accumulation/offloading ongoing..... Lol
Over 42M units in transactions as at now....
* Result to be released on/before 20th April..... All things Being equal

ARADEL facing serious sell pressure....
Seems the Oga seller is yet to be done offloading.....
A good thing however is that, the price is not falling officially........at least not yet...

@Toyeoye, you can refresh the bubbles again, some stocks in red are changing direction too..

VFDGROUP needs 100k bulk to move up for today........ selling@79.60 till now.......
** Moved officially!

Green land today.....
Is well o. 😊

ACCESS: Wonder what's happening here....
Heavy volumes.....with upandan movements

KarlTom:
The chances of this happening are slim.
Do you realize that major American manufacturers have a good chunk of their factories in China?

GM, Ford, Nike, Dell, Microsoft, Intel, Apple, Qualcomm, P&G, Coca-Cola, Pepsi, Johnson & Johnson, HP, Dell even Tesla etc

I don't think China have any reason to 'cave in'...

Thanks for this.
I was about replying him when I saw your response.
Except some powerful forces prevail on China, they won't back down easily......Or, America should go to negotiation table with China.

Most of these American Companies have factories in China, where they produce much cheaper, then ship it back to The States.

One could have asked: Why was Trump on China's case especially?
China has been preparing for this type of period a long time ago.

Agbalowomeri:
Wahala dey o
Mad people everywhere

The trade fight is between China and US
None wants to swallow his pride and step down.
China may be up to contest the World Power with The States.
Let them sha settle it and allow other countries breathe.

Lol. What do I know.

Agbalowomeri:
Gongoaso

Meaning? 🙄
Lol.
I've had cause to contact him in the past, making inquiries and he was very responsive and helpful.
In December 2024, I sent him Christmas wishes and he responded.
So, this is another pointer that he's doing fine. 😊

** Oga WanajO is also very nice and helpful.
Of recent, I still made some inquiries on stocks from him and he responded.

A humble and well respected gentlemen I must say.
Dear bosses, you're well appreciated 🙌🙌

GTCO
What's happening?
Close to N3.5bn in transactions.......
So also yesterday...

Damasco:
Oracle is probably late, cos nobody heard from him after Covid19

Oga Rabbi is very well and alive ooo.
So because he deleted his handle on Ñairaland and stopped coming here means something bad?
Pls take it back....
Surprisingly, he's a relatively young man self....
I was surprised when I found out about this as well.
Make Una no ask me how I know....... Only remember that I was following him/his moniker when on Nairaland. 😊

ACCESS board meeting schedule for 30th April for Q1 2025

2024 FYE may possibly come out before then

https://doclib.ngxgroup.com/Financial_NewsDocs/43742_ACCESS_HOLDINGS_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_APRIL_2025.pdf

OANDO back up above 40...
Now @41.... 41.50...
Who are those buying? Definitely not those waiting together with Agba @12....

VFD
Needed 100k bulk to move +10%
** Done....Officially moved
Up with +N6.60 to close @72.60

Ginalex:
Japaulsand 1.61

The silence in JAPAUL has been so long....
No news nothing, this could be the reason for the dumping, not expected at all......the Trump's news didn't help it's ministry either.
However someone hinted about delisting but no reference to anything yet.....we don't know the authenticity of this.
Ears and eyes kept down for any development as per this.

Hope you're good.

Bigdeal01:
Wait! Conhall doesn't want to pay dividend or what? Where is their corporate action?

Board Meeting is on 30th April

https://doclib.ngxgroup.com/Financial_NewsDocs/43726_CONSOLIDATED_HALLMARK_HOLDINGS_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_APRIL_2025.pdf

** @Mankind2024 you're welcome back.

Streetinvestor2:
The way this guys take dey do father Christmas with bonus. What is expected as thr OS at the end

They planned to increase working capital and also create liquidity.

* The initial OS was around 264million or thereabout.....
* After 1st bonus of 4:1, it increased to 1.2bn... just giving estimates here
* Now with 5:1, the OS will be around 7.2bn, which is still not too bogus considering their line of biz.
VFD should be another UCAP, if not better than UCAP self bcoz they have a wider range of good products....... In finances, health, hospitality, banking, asset management, etc.

Street, I thought you picked some when we discussed about it one time like that..

VFDGROUP needs 100k single transaction to move +10% for today....

Bargainers feasting on UCAP...... lots of interests here...

ZENITH slowly climbed back up from 45.50 to 47......
* GTCo @66.50/66.70

** At least, some of the banks and few other stocks are now showing green...
The aggressive dumping subside so far.....

** Market kind of waiting for the next line of action.......

Resilience from GTCo....
Can we say it has made U-turn from the bear or too early to say this?
Resilience from the banks generally......


* Just reporting what I observed on the floor as at now...
Not any form of advice

RodgersAkpafu:
I agree with this sentiment
Even though, let's be real, the Trump trade policy is moronic

However, we can take advantage of the positive side to all these
The share prices sank before qualification date, so I suggest a 60/40 strategy
At least that's what I'm doing
60% into buying the Stocks now pre qualification

and 40% into buying post qualification (as markets will be marked down)

what would have been very painful was IF this happened after many qualification dates

But as market participants, our mission is to make the best of every market condition

The question is: How many investors are/were not in the market now aside Agba and Oga Mendes911?
What's the percentage?
Many already positioned before and after dividend announcement.
I don't expect any sane person to laugh anybody for being in the market when this unexpected came up.
** And then, how to mitigate against losses should be one our discussions here, as our brothers keepers.

During COVID-19 period, that was how it caught many investors that positioned unaware, only the brave, with God on their side were able to weather the storm.......but the very good thing still was: God took us thru the period and we still overcame (not talking about all those that made a fortune then o).
* This time too shall pass.

** Osita, if you like call it being emotional, na you Sabi.

jckgroup1:
It is actually more than 9 new shares for 1, for example 100k existing shares by your calculation will amount to 1m that's additional 900k units.

Let's take the bonus issue one at a timeassuming original unit held - 100k)
1:4 bonus
100,000 + 400,000 = 500,000

Most recent 1: 5 bonus (units currently held 500k)
500,000 + 2,500,000 = 3,000,000units

Hence when this present bonus is allotted, it will amount to 3M units. Very impressive bedrock of generational wealth.

You're very right..
It's actually more than 9 bonus shares......

* On top of 4 bonus before, you still get additional 20
* On top of the original One (1) you have before, you still get additional 5
25+5+ 5original = 30 shares.....

** Updated: 30:1 (30 new for 1)

* Hope my Arithmetics is correct sha. 😁

SonofElElyonRet:
The way people are rushing out is how they will fomo in when things normalize

* Honestly, the way some people are going about this Trump induced bear is not helping the newbies and new comers to this market......
* Let's stop painting the picture as if it's the end of the world or that the market is collapsing, or that the market is some kind of get-rich-quick place...
* Rather, let's try to reiterate and intensify the need for investing, the purpose and some education on how to go about downtime period in stock investing without running into massive losses.........
* Stop scaring new investors away, or making them to sell their stocks at loss....
* Let them see the need to rather see bear time as opportunity to pick more fundamental stocks at cheaper or discounted price.
* This is earning season, many companies are declaring nice dividends, it should rather be an opportunity to buy the dip and position for dividend collection.......while they wait for market to reverse up again.....
** Anyone that says I don't understand because I no get portfolio, no vex.

** My rantings doesn't end here......😁

RodgersAkpafu:
What is dragging FBNH down now

Guess it's because of this:
...Plan to sell 6bn shares by Otudeko's son but Ecobank seeking a restraining order...

https://www.thecable.ng/ecobank-seeks-court-order-to-stop-otudekos-son-from-selling-shares-in-fbn-holdings/

*As well as the delay in releasing results...
* Similar thing happening in ACCESS
Hopefully, both will speed up the release

TOTAL @745.....
VFD on full bid..needs 100k single bid to move.... *Moved up with 5%!
Guinea Insurance full bid @69kobo
Abbeybid full bid @5.20
Oando shedding is looking more like deliberate attempt to me.......


The US which Trump is trying to protect is facing and will likely face the heat mostly....
He may be forced to relax his tariff policies eventually.....
We still have an undervalued market here..
The companies performed well...
The red may eventually be temporary.....
We've witnessed worse than this but came out of it......
**Just my opinion.

Agbalowomeri:
We go dey look deeper, harder and faster

🙄🤔
You understood what I was saying much better Sir......that is, buying a business more than buying a stock. 😊
When @Currentprice identified Nahco at around N2/N2.10, many were offloading that time.....and when COVID hit the stock price badly especially.......but in all these, his bedsheet saw a robust business instead......So also some other ones too.
So also Oga WanajO.
Na wetin I dey reference be that.
Today, same NAHCO is the talk of the investment world.
@N4, I could remember reminding Peter about it, and even at different junctions at different times........
Lol. Just pulling Peter's legs lately. 😁

Streetinvestor2:
Oando will blow when the time comes. This what my street sense tells me.The people that gave the loan for this last acquisition saw something. They are not nigeria regular banks that is managed by some sharks. They must have done serious risk assessment and seen mega hammer

AFREXINSURE, a division of AFREXIM bank is in collaboration with O & O and a strategic partner in financing and protecting their investment.

OANDO 2024 AUDITED report was delayed due to integration of AGIP financials and attached reasons.
Even if anyone is not happy because of the extended period granted, nothing you can do about it, highest you can do is to sell off your stakes in your portfolio, you're the CEO of that one.

https://doclib.ngxgroup.com/Financial_NewsDocs/43677_OANDO_PLC-OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_APRIL_2025.pdf

https://businessday.ng/companies/article/afrexinsure-oando-plc-partner-to-safeguard-energy-investments-in-nigeria/

** Caveat: Not any form of buy or sell advice.