RabbiDoracle:


Nothing like that for GTB. I only saw 23m units sold for the month of June 2022 sef.

Genesis Emerging had 183m as current HOLDING after selling 23m units in June 2022. So they can't sell 200m in July 2022.

Check well.

I estimated based on my snap shots at middle of Jul and today for GTCO. Genesis Emerging seem to to have GTCO in three funds in Jul and by August 2nd had only in two funds with about 200m units gone. If you look at sum of total shares held by funds, it shows GTCO also dropped by about this amount of units held by all the funds. From about 1.75b to 1.55b units. One with full access will have more clues. But this is fair enough for me to understand why so much trade in GTCO compared to Zenith in the month of July.

vacanci:
I realized that yesterday, Zenith Bank closed at 20.85.
and today, using morgan capital, i could see the opening price is at 21.00
i did observe more than 100,000 units to have moved price during yesterday's trading.
so now iam confused.

please can you enlighten me more about this.

The last 100,000 (or above 100k units) for a trading day determines the price.

Market closes at 2.30pm, the last 100k determines the price movt either up or down.
ZENITH closed @21 on the said date.

justBreathe:
What are some of these "stocks to be" pls?

They are there on the Exchange......but the type of investor you are will determine which ones are suitable to you.
They are mostly the dividend paying stocks with sound fundamentals anyway, suitable for long termers especially......but remember they're not cast in stones.

yMcy56:

The last 100,000 (or above 100k units) for a trading day determines the price.

Market closes at 2.30pm, the last 100k determines the price movt either up or down.
ZENITH closed @21 on the said date.

Thank you ma

yMcy56:

The last 100,000 (or above 100k units) for a trading day determines the price.

Market closes at 2.30pm, the last 100k determines the price movt either up or down.
ZENITH closed @21 on the said date.

madam mercy, well done for always taking time out to educate fellow members.

yMcy56:

The last 100,000 (or above 100k units) for a trading day determines the price.

Market closes at 2.30pm, the last 100k determines the price movt either up or down.
ZENITH closed @21 on the said date.

Aunty wetin they pursue that your Japaul?
As well as even HONEYWELL

vacanci:
I did observe more than 100,000 units to have moved price during yesterday's trading.
so now iam confused..

The 105,951 executed at 2.10pm (14.10.09) determines today's closing price for ZENITH......21.40.
Hope you understand better now.

Marketapprentic:
wetin they pursue that your Japaul?
As well as even HONEYWELL

That JAPAUL dey surprise me too oo.
Was waiting @20k, though from 0.21/0.23k would have been a good deal.
Anyway, it may just be those that are positioning for possible surprise it usually brings OR maybe they have info not yet privy to public.......
...BUT from my own quarter, nothing is driving it yet. No news yet. Was following on all their documents upload and there's no signal so far.

As for HONEYWELL, it's glaring nah.
I knew and even told someone to buy @circa N2, that it will rally......didn't post it here directly cos I don't want insult should it not go according to plan.

In my opinion, the 1% Mandatory take over from FMN was a major driver. Another important aspect is the fact that, should FMN decide to buy-out the remaining shareholders today, it wasn't expected to be less than 4.20.......and Honeywell @N2 was a good bargain.
* Though result was poor but the take-over seems to take priority over the result.
* Dangflour was an example.

This is just my opinion.

*** DISCLAIMER: Honeywell rally may be temporal because FMN is buying over just 1% of the remaining <24% or so. If looking for bargain, you may watch out for another price shedding to key-in. Jumping in at price above today's......is at owner's risk........anyone inside the bus at higher price may have to be patient.

yMcy56:

That JAPAUL dey surprise me too oo.
Was waiting @20k, though from 0.21/0.23k would have been a good deal.
Anyway, it may just be those that are positioning for possible surprise it usually brings OR maybe they have info not yet privy to public.......
...BUT from my own quarter, nothing is driving it yet. No news yet. Was following on all their documents upload and there's no signal so far.

As for HONEYWELL, it's glaring nah.
I knew and even told someone to buy @circa N2, that it will rally......didn't post it here directly cos I don't want insult should it not go according to plan.

In my opinion, the 1% Mandatory take over from FMN was a major driver. Another important aspect is the fact that, should FMN decide to buy-out the remaining shareholders today, it wasn't expected to be less than 4.20.......and Honeywell @N2 was a good bargain.
* Though result was poor but the take-over seems to take priority over the result.
* Dangflour was an example.

This is just my opinion.

*** DISCLAIMER: Honeywell rally may be temporal because FMN is buying over just 1% of the remaining <24% or so. If looking for bargain, you may watch out for another price shedding to key-in. Jumping in at price above today's......is at owner's risk........anyone inside the bus at higher price may have to be patient.

It is interesting how FMN is managing both NNFM and HONEYWELL at thesame time.

I feel they shound merge NNFM and HONEYWELL into one entity.

https://doclib.ngxgroup.com/Financial_NewsDocs/36624_ETERNA_PLC%20ADVERTISEMENT_OF_MANDATORY_TAKEOVER_BID_TO.pdf

Eternal is paying N13.50

Good deal IMO.

OBAGADAFFI:
https://doclib.ngxgroup.com/Financial_NewsDocs/36624_ETERNA_PLC%20ADVERTISEMENT_OF_MANDATORY_TAKEOVER_BID_TO.pdf
Eternal is pay N13.50
Good deal IMO.

We've discussed about this here when the news first came out.......
They're picking just 0.10% which is very small.
Don't go and buy Eterna higher o..........
How many shareholders can they possibly picked from?
The take-over bid is in compliance with SEC rule by Preline Ltd ...i.e. also picking from other shareholders.
Shareholders who shows interest will be picked randomly and offer pro-rated.

yMcy56:

We've discussed about this here when the news first came out.......
They're picking just 0.10% which is very small.
Don't go and buy Eterna higher o..........
How many shareholders can they possibly picked from?
The take-over bid is in compliance with SEC rule by Preline Ltd ...i.e. also picking from other shareholders.
Shareholders who shows interest will be picked randomly and offer pro-rated.

Yes, I know, but it is Juicy Offer.

OBAGADAFFI:
Yes, I know, but it is Juicy Offer.

Yes it is.

For those asking about the Breweries -Guinness, NB and IB, see attached Q2 result breakdown from Morgan......
This is a good one I Blvd...

MTNN & AIRTEL.....

Election bonanza around the corner.
Happy new month to all.

yMcy56:
MTNN & AIRTEL.....

I need to jump in on MTN again I sold earlier just buy and hold for a year

yMcy56:

The 105,951 executed at 2.10pm (14.10.09) determines today's closing price for ZENITH......21.40.
Hope you understand better now.

Please from which portal do you get this view?

Dum20:


Please from which portal do you get this view?

Morgan capital trading view

goody234:
I need to jump in on MTN again I sold earlier just buy and hold for a year

Wait for pullback.....
OR if you have pot belly, you can be picking in tranches, before interim Dividend qualification date.....OR buy now and have the plan to buy more when it dips
* Just my opinion.......still getting attn @214....

Meanwhile, Honeywell sighted @2.64........everyone looking for bargain/profit...
Currently@2.73.....

JAPAUL dey vex oo......Sighted @0.31!!
How could I have missed out of this? It's well....I still prefer to see the news possibly driving it sha.

ZENITH: Started moving........sighted @21.70...
Whosoever is looking for bargain and didn't pick this....as well as GTCO @19, doesn't seems to be serious......they even touched 18.90..

Peter is busy campaigning for dollars, no be the dollar fall against Naira in yesterday's market??
From 718 to 670.......black market....lol. Make Una no mind me o. He should expect to receive his reply.

He said we're busy calculating dividend yield while he's calculating dollars. Lol.

Whats up with totalenergies? Good(though flat) result but no interim dividend yet.

Mpeace:
Whats up with totalenergies? Good(though flat) result but no interim dividend yet.

Calm down, it will be paid by October 2022

emmanuelewumi:



Calm down, it will be paid by October 2022

October far naa. What shall we eat in September. Mtn already got August.

Mpeace:
October far naa. What shall we eat in September. Mtn already got August.

. Emergency reserves nko?

yMcy56:

Wait for pullback.....
OR if you have pot belly, you can be picking in tranches, before interim Dividend qualification date.....OR buy now and have the plan to buy more when it dips
* Just my opinion.......still getting @214....

Meanwhile, Honeywell sighted @2.64........everyone looking for bargain/profit...
Currently@2.73.....

JAPAUL dey vex oo......Sighted @0.31!!
How could I have missed out of this? It's well....I still prefer to see the news possibly driving it sha.

I am telling you. Anyways let's see how it goes. The market will always be there

yMcy56:

That JAPAUL dey surprise me too oo.
Was waiting @20k, though from 0.21/0.23k would have been a good deal.
Anyway, it may just be those that are positioning for possible surprise it usually brings OR maybe they have info not yet privy to public.......
...BUT from my own quarter, nothing is driving it yet. No news yet. Was following on all their documents upload and there's no signal so far.

As for HONEYWELL, it's glaring nah.
I knew and even told someone to buy @circa N2, that it will rally......didn't post it here directly cos I don't want insult should it not go according to plan.

In my opinion, the 1% Mandatory take over from FMN was a major driver. Another important aspect is the fact that, should FMN decide to buy-out the remaining shareholders today, it wasn't expected to be less than 4.20.......and Honeywell @N2 was a good bargain.
* Though result was poor but the take-over seems to take priority over the result.
* Dangflour was an example.

This is just my opinion.

*** DISCLAIMER: Honeywell rally may be temporal because FMN is buying over just 1% of the remaining <24% or so. If looking for bargain, you may watch out for another price shedding to key-in. Jumping in at price above today's......is at owner's risk........anyone inside the bus at higher price may have to be patient.

Thank you. Let's be watching from sideline first till further notice

My for Gt bank shares is awesome, and I am just accumulating it. I pray and hope my long term ambition of holding the shares will pay off �. Still waiting for their half year report

July 28,2022 post....when ZEE touched 18.90

yMcy56:
ZENITH: Doing what it knows how to do best........just unfortunate that some already took position here, if not, this is a very good opportunity presenting itself ....
Guess anyone already seated in the bus should just do siddon look, except you have another strategy like averaging down when it bottoms....or lock in the profit if still in profit, to pick much lower.......

July 29 post.......when ZEE reversed......

yMcy56:
ZENITH is vexing.......
Chai!!! That stock @ below 20, is like a give-away.....
Make I no too talk sha.

Same ZENITH closed @22 today, less than a week.....
Peter E Ku Dollar biz oo. All na investment.

GTCO also closed @20.50......make we dey see what they're coming with.

**Not any form of advice**

Should I sell off my shares in Multiverse?

McNichols are supposed to pay dividends today, and also the bonus shares. Has anyone received it?