₦airaland Forum

mikeapollo:
Good morning, beautiful, brainy lady madam!
Hope you are doing great this morning.
I am just saying ''hi'' to you, from Oando Junction, NGX Avenue.

😁 This just got me lol-ing

mikeapollo:
Oando is on its way to N25-N30, no matter what the ''doubting Thomases'' say!
It has been undervalued for far too long, and the people that know too much failed to see the handwriting on the wall.

Way undervalued!

Anyway, those doubting Thomases should continue to take DS and NS for granted as well.
Make dem dey insult and abuse upandan...

VFDGROUP belongs to same class as UCAP
We'll be waiting patiently for this one's time as well.

Where's Peter?
Any bargain hunter wey no dey careful and commot for road, you go hear am, na you Peter go take do step jump into the bus
OANDO full bid @18.55!!

OANDO full bid @18.55!
UCAP full bid @39.90!

OANDO getting some attention in market....
Are we expecting another news or leap?

Raider76:
Amen for that. Please what do you foresee between now and 2026?

Haa!! Only our Maker, Almighty God can forsee tomorrow Oga mi.
Oga Oracle wey for ask Ifa for us, some bad belle don make him delete his handle....

Anyway, from the way these guys are defending share prices and working towards new recapitalization, huge % may be domiciled with the rich directors, CEOs, FPIs and pot belles, thus making the share price to be attractive and stay up to meet the new capitalization till the expected day of CBN's reckoning....... 😊

Invariably, Oga Agba and the generational low gang may have more years of waiting and drinking Garri......😁. ......Just dey pity the innocent masses because of the price of Garri and groundnut. Chai! 😟😏

Don't mind me. 😁
Just dey talk my own o. I may be right or wrong.

4willer:
As UCAP goes on full bid, so does AFRIPRUD. Big brother sympathy.

Some guys quickly position in APR too, no crime in younger brother dragging elder one along. Lol.

APR too is going to declare interim dividend but no bonus.
At all at all, na im bad....

BullBearMkt:
Why is the bank desperate nowadays? I hope all is well with them.

The new recapitalization, the minimum requirements for each category is huge.

UCAP
https://doclib.ngxgroup.com/Financial_NewsDocs/41703_UNITED_CAPITAL_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

BONUS and INTERIM DIVIDEND
Bonus of 2:1 (2 new for every 1 held)
H2 Div: 0.90k
https://doclib.ngxgroup.com/Financial_NewsDocs/41711_UNITED_CAPITAL_PLC-PROPOSED_INTERIM_DIVIDEND_AND_BONUS_CORPORATE_ACTIONS_JULY_2024.pdf

ACCESS don dey push the price up small small.....
They needed to move the price around 22 or more possibly.
This year till 2026 will be interesting, God willing. God spare our lives.

Agbalowomeri:
Are they even doing right issue? It doesn't seem so

I didn't pay attention to it o, just checked now and saw that it's PO

GT will likely still push the price to 50

GTCO
* I wasn't aware GT is also doing Public Offer o, I thought it's only Right Issues

Offer Price: N44.50
Opening Date: 15th July 2024
Closing Date: 12th August, 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/41689_GUARANTY_TRUST_HOLDING_COMPANY_PLC-GTCO_PUBLIC_OFFER_-_STATUTORY_ADVERTISEMENT_CORPORATE_ACTIONS_JULY_2024.pdf

DrAkpa:
You didn't hide your privacy well. An average secondary school student with basic exposure to computer and the Internet can remove those smileys you put there. Be guided and watchful

I wonder why he didn't delete it after trying to prove his point.
Tech has gone beyond using smiley to block anything...
If he had used marker to paint it, it would have been better self.

Cc: Megawealth01

4willer:
It looks this might be the highest it will go, demand is weakening. After the meeting expect a sell spree.

Depends on what the outcome is....
If outcome is favourable, that stock dey go be that o. Lol.
Is there sell spree in CUTIX?

The bids in WAPCO though....
Any coming news?

ZikkyChops:
Pls where do you see good until cancelled in Morgan selling or buying. Thank you

I think this option is available only for the "Sell" mandate.....
You can pick those options in the column by clicking on the drop down icon....
*Edited*

* Click on Sell Order
* On the left hand side you'll see "Symbol", "Order Type", "Time in Force"......
* Under "Time in Force" select "Good till date"
* Beside it you'll see "Expiry Date", input your preferred expiry date
* Input "Limit Price", input "Qty"
* Then "Submit"

kamtrix:
1. I've been trying to sell BUAFOODS stock since last week and it's not selling. Same thing with some other stocks. Please any idea what could be happening currently with these stocks.

2. The ngx trading floor level 4 real time access, is it better than using your brokers quotes? Does it display quotes before brokers do? What are the advantages?
Thanks guys

1. Nothing is happening to the stocks....
They're more of seasonal and would only respond the demand and supply power....
News, such as Dividend declaration and special news drive them the more........also respond to expectations of results (positive results).

2. Real time Access is better....
It displays real time quotes...
Advantages includes: you can trade yourself, you can adjust your quotes (bids or offers) up or down as you like, you can bid lower higher, depending on the demand for such stocks, you can cancel your bids, some houses allow you to lock in bid/offer for 7 - 30 days, you can view all tradings as it's going on real time, etc.

Mfunkynation:
Thanks for the update...
Don't know if to get in and ADD MORE at current price or wait 😁

Hhmmm....
Follow your mind.....
Going by the meeting notice however, there's possibility of bonus and interim dividend for the first time, maybe that's one of the reasons it's getting positive attention in market....

https://doclib.ngxgroup.com/Financial_NewsDocs/41516_UNITED_CAPITAL_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_JUNE_2024.pdf

Mfunkynation:
"6k interim had been paid in December 2023"

Thks.
Corrected.

Meanwhile, today is UCAP's Board Meeting.....

MANSARD
Updated Dividend Info.......
Half Year Interim dividend of 6kobo paid......
Total Dividend: 40kobo
Qualification Date: 15th July, 2024
Payment Date: 8th August, 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/41693_AXA_MANSARD_INSURANCE_PLC-UPDATED_CORPORATE_ACTION_DEC_2023_CORPORATE_ACTIONS_JULY_2024.pdf

UCAP UCAP......

iHaveMadeiT2:
Please has the NS bonus been fulfilled?

I don't think so.
You can request for your CSCS statement from your broker to know........and update us too.

Streetinvestor2:
Meaning it now has double bottom

Honestly, this is the type of simple answer I'm expecting....
He go breakout or still dey consolidate?
Shey na DB or not?
What's the strong support now and possible breakout to which likely price?
Na wetin I wan read be this. Issa simple stuff.

Agbalowomeri:
Ahh just random learning o😂

Na so 🙄🤔
Just try and be breaking it down for us learners, speak in language we understand......na only double bottom you dey state clearly.....

* Ok thanks Osita...you sure say na wetin he mean be that sha?

Agbalowomeri:
Market data currently defeating my gut analysis

Boss, you didn't tell us when you saw that of MANSARD, abeg help check another one too.

At what price did you see MANSARD that time?
Make person do some plus or minus on Sterling....
Though not my type of stock but I'm asking for someone...

megawealth01:
Only Mr Time will make this clearer

We are waiting on Mr. Time, I hope it works in minority's interests, more of favour actually.
One thing people were again overlooking is the fact that OANDO is no longer in downstream like it was before, but now in upstream.
* Enough of this OANDO for now again, before we open another chapter on old discussions. Make we dey follow wetin dey for ground for now.....

UCAP touching down on KM 30!
It's well....

Japaul gathering momentum for quite some weeks now....

megawealth01:
The Peter I know left small Oando just in case

Bargain hunter that doesn't take note of his own calls....

Raider76:
If Oando will come out today and officially announce it is no longer considering delisting, I believe it can go up 10x in two years or shorter.

True
The type of traffic it will generate ehhnnn....
First 2 weeks Peter and his people go dey queue dem no go get....

Raider76:
Ote hand. Na so we want send am Tony for tutorial.

More of positive news, improvement in performances q-on-q, dividends, international interests as well.

I'm seriously looking for another stock that can perform this type of stunts in a period of short time as well.......

Maybe Oando can do this we don't know yet.....but still watching.....🙊

megawealth01:
Loud statement... Nawaoh
Mcy you do me bad oooooo. You didn't email me geregu at 399 back then
This COY eh... Una dey enjoy ooooo
Seems it will go up further up maybe to 1200-1500...

You that already ported to Crypto that time....
Everything discussed on GEREGU was done here nah.......right from day one it was listed @N100....on 5th Oct 2022

SonofElElyonRet:
Hmmm.. I bought 1,000 and got 4 thousand bonus ... 5,000 is good enough for me .. the Chairman said they'll def make profit this year.. I hope it's hefty

Has it been added?
I mean the bonus

megawealth01:
This VFD although I have little shares there from their days in NASD but fear of topping it up as being an issue lately especially after their 2023 financials

* If you want to top up and you have enough patience, do it.
* The only period loss was recorded, according to findings/news was 2023 fye when it was listed.
* Q1 2024 they were back in profit
* Hopefully Q2 will be good too
* As for liquidity, as soon as bonus issue is added and listed, I believed it will boost the liquidity because additional 1bn shares has been created
* VFDGROUP was listed at around 244 or so, and has been trading below the listed price shortly after since then, even at ex-bonus
* The Company is into many services including power, hospitality, Fintech, financial services, asset management, etc.
* They have an MM arm, which makes me Believe they know the rule of the game and can actually play it when they're ready or the time is right.
* Its currently selling @40.20/40.70 intraday, I think it cheap, trading at 52wks low......and if it goes lower from there, it can only present good bargain.
** This is just my opinion, only Mr. Time will throw more light on it if it's right or not.

KarlTom:
GEREGU made more profit in H1 2024 than the whole of 2023...
TRANSPOWER over to you...

GEREGU has taking over the position of UCAP in first Company to release results......
I knew her result was around the corner from the activities in the market.....
Even Q1 alone was massive.....so also that of TRANSPOWER.
The company ought to commence payment of interim dividend self.