₦airaland Forum

PEPT judgement fixed for Wednesday 6 Sept 2023..

How will this affect the market either ways?

A very big issue at the moment

Princkez:
TRANSCORP

Whether nay sayers like it or not, one day Transcorp go make us proud.

jarkbauer:
Thank you Mr T. I exited transcorp yesterday at 7.71. I reentered at 5.80 sold at 6.49 today. Someone help say hallelujah. Let me go and enjoy my loot.

Except you're not committing huge funds, most times the mental stress of jumping up and down is not worth it. But your stock broker benefits

megawealth01:
Dey play

Lol.. The Mugu no sabi say nsempa people are unscammable. This is the worst place to try to scam people with his olodo tactics

9free:
At some point I had over 500K units of Transcorp at average price of N1.02k. Sold everything at about N1.5 leaving only about 13K units only wen the thing no gree move.
I need to snap and frame the percentage gain on the remaining 13k units

Patience..

One day Transcorp go make us proud

Transcorp means business. Over 170 million units traded so far, yet bids still far outweighs offer..

One day, Transcorp go make us proud.

When those who are in hurry finish selling, those of us who are patient will continue our endurance journey upwards. Distance still far.

President Bola Ahmed Tinubu met behind closed doors with the Chairman of HEIRS Holdings and Transcorp PLC, Mr Tony Elumelu, at the Presidential Villa, Abuja, on Tuesday.


https://dailypost.ng/2023/08/29/nigerians-will-benefit-from-tinubus-decision-elumelu/

husu:
This is the first time since 2008 dangote sugar is exceeding it's price. I bought around 50naira in 2008. Transcorp hasn't exceeded it's public offer price of 7.50naira

Just that the value is far less today. 50 naira of those days is worth over 200 naira today.

One day Transcorp go make us proud

currentprice:
from my bedsheet, it look like this year is not a year to sell your stock. FEBRUARY may be the next best time to

watch out

I heard you loud and clear..

Meanwhile, the banks are warning up for another race upwards. Don't be caught unaware

yMcy56:
SUGAR and SALT

Pull back predictors and expectors in the mud (yours sincerely inclusive)

This market is not anybody's mate

vacanci:
is there insider information driving this? it's looking crazy. I hope the downward spin wont be ON YOUR MARKS, GET SET, GO.

me sha i remain inside come rain come shine

I don't think there will be serious downward spin. All 3 firms currently on bull are driven by good fundamentals and are long expected to go on this run.

Transcorp on full bid..

I wasn't expecting it to jump pass 5 so easily..

For the TA gurus, where is the next resistance

Zagee:
DangSugar thank you oh for helping us stay above inflation oo!!

I regret not buying enough. Hoping for a pull back tomorrow

yMcy56:
The mountain @5 levelled!!
Touching 5.10 as at now.....

Whosoever will sell, will end up buying higher...

My spiritual analysis tells me Transcorp is headed for above 100. Believe at your own peril but it's not impossible

dapix:
Just relax, pull back go still happen, the merger process is not a small thing, so all this happening is just more of speculations for now, maybe in response to the board meeting of Nascon scheduled for Monday, 28th August

I've been waiting for serious pull back since the price was around 27. Finally bought few units at around 36 but I need more

Mfunkynation:
Yes oooo..
for All of them, there's nothing like bargain hunting.
It's BUY BUY BUY

I was expecting a pull back for Dangote sugar at 40. But it seems the market has other ideas. Still watching

Seems the market this period is all about Transcorp, Dangote sugar and Nascon.

Transcorp flies past the N4 Junction. Those who jumped from Transcorp to Caverton will soon jump out from Caverton and start bad-mouthing dat one too.

Agbalowomeri:
Transcorp hype since 20 years ago Lol. Still remains a jijo stock with it's 5kobo dividend

Transcorp has gained 268% year to date

My mind tells me that the price of Transcorp 2 yrs from now will shock many.

yMcy56:
President Tinubu is considering temporary subsidy on petrol.......
Guess this is in order .....it will help alleviate people's sufferings....

https://www.nairaland.com/7804378/tinubu-considering-temporary-subsidy-petrol

What then happens to independent marketers given licences to import PMS? Anyway, the policy somersault was inevitable because of poor management of the subsidy removal

yMcy56:
Around 3.12 if I still remember very well.
He bought @1.35

Sources indicate Elumelu bought Otedola out at a premium said to be between 4 to 6 times the current market price of the share.


https://www.arise.tv/in-landmark-deal-otedola-sells-transcorp-stake-to-elumelu/

yMcy56:
GEREGU is going up......
TRANSCORP is just dancing in a circle btw 3.60/3.75....
It is well....

Meaning hope dey say one day Transcorp go make us proud by crossing 100

essentialone:
Tinubu writes Senates, seeks approval for military action against Niger

https://www.vanguardngr.com/2023/08/tinubu-writes-national-assembly-seeks-approval-for-military-action-against-niger-coupists/

Investors, take cover ooo

Just to intimate the senate of all the Ecowas plans so far regarding Niger

4.5 million units of Eterna oil mopped up at 21.10 at last second of trading

Eterna on full offer..

As can be seen in the screenshot below, first offer on the line being 75k has remained unchanged for over an hour, despite the fact that some units have been bought within the same period. How is that even possible?

jideflash:
Universal Insurance;
Eps : 5.93kobo

https://doclib.ngxgroup.com/Financial_NewsDocs/39217_UNIVERSAL_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

Experts, please what do you make of this result?

Every where just dull. Wetin dey happen

Sterling bank fell to as low as 2.81 today before eventually reaching full bid. Someone that jumped in at the bottom could have gained close to 20% just today. Amazing feat...

Access Bank literally dragged the market out of bear today....

At some point, even GTCO was on full offer and many other big names undecided...

Well done Access Bank

GTCO reached a peak of 36.7 last Monday just before the panic sell that people made so much noise and analysis about..

Ironically, if it goes on full bid just today, it will exceed that peak and jump to 37.

Though, I don't see it going on full bid today but just to make the point that pull back of last week was not as bad as some (especially those who sold) wanted us to believe