Justcul:
Currently 50 and 72 percent up on both Zenith and GTCO respectively. Can't complain, only grateful to God almighty for the grace to buy when others were fearful and waiting on GTCO at 12.

90 percent on Axa mansard, bought at N2.20

Justcul:
Currently 50 and 72 percent up on both Zenith and GTCO respectively. Can't complain, only grateful to God almighty for the grace to buy when others were fearful and waiting on GTCO at 12.

90 percent on Axa mansard, bought at N2.20

Krisuba:
Just grinning from head to toe. If I decide to sell now, I Kno how much profit. And somebody want me to stay away from d market. I die inside.

OBAGADAFFI:


Noting for Oando in this market, they should just delist and leave us alone.

Krisuba:
Just grinning from head to toe. If I decide to sell now, I Kno how much profit. And somebody want me to stay away from d market. I die inside.

locodemy:


From indicators, Oando will move up tomorrow, likewise IB.

The volume traded in stocks today will drive them up.Both are to watch out this week as the bull continues in all sectors.

OBAGADAFFI:


N7 is Oando delisting price na.

Investors will instead buy Eterna oil

erwinschro:


Both are good banks but I like access more at current prices for the following reasons:

Access bank is the largest bank in Nigeria by assets, customer base and deposits but on a relative valuation basis, Access is the cheapest T1 bank. They earned N4.85/share in the last 12 months and trading at N8.50 - just 1.7x earnings which is the cheapest of all the banks. Access along with UBA also trade at the lowest multiple to book value in the industry (0.3x). In other words, a bank with over N1trn shareholder's funds and almost N11 trillion in customer deposits that earned N175bn in last twelve months is trading at a market capitalization of less than N300bn.

Perhaps the market perceives more risk in Access and I can't pretend to be able to evaluate that accurately but I don't think they are that much less disciplined in lending than any other bank. What I think is more likely is that they are being punished for their relatively low dividend payout, which I think is unjustified. They have a lot of free cash and can probably double their dividend at any time they decide to slow down with the acquisitions. They are in a growth phase and surely can't keep swallowing other banks and financial institutions at this pace forever.

The icing on the cake for me was that Herbert Wigwe bought almost N1bn worth of shares in November at an average price of about N8. Many people don't give any weight to insider dealings because you can't know what drives their decisions. The way I see it; there are many reasons why an insider may sell shares that have nothing to do with underlying business value but there can only be one reason why they are buying.

Derek273:
Good evening to you all,please I don’t know what is wrong with Trove,I’ve been trying to sell my GT stocks for a couple of weeks now,it keep on failing,please what can I do I need money badly .I have messaged them several times both on the app on twitter but they are not responding,I hope the app hasn’t turned into a scam

emmanuelewumi:




Move your account to another Stockbroking house

BabsO2:
Markets are leading indicators of economic direction.

What a delightful market today. The bulls came with a vengeance to root out some bears that have pressed down Nigerian stocks to serious lows. There are still so many bears lurking around, holding back stock prices at discount prices, far below fair values. The bulls are monitoring signals from the Government/Political Environment and will continue slaughtering the bears if these signals are good. Otherwise the bears will continue their reign as the bulls retreat. The bulls will retreat once they cannot see a better economy ahead. But will charge on and slaughter more bears if they see the prospects of the economy brightening.

Derek273:

How please?

Mankindman:
Greenish days are here.
Volatility factor of +/-5%.
May this igba tu wa Lara ooooh.
PBAT, you are a correct man. I did not vote for you in vain. You already reward my constant electronic warfare against your haters and detractors. I was at the forefront in the politics section. This a testimony that you are a blessing for BATISTs and all Nigerians.
Just like that you increase my Networth by almost N15M in just 2 weeks of your 8 years tenure.
You will not die by the Power and Authority in the Word of the beginning which God used in creating heaven and heart. You will live long in good health. You are rich already, no need to add wealth.
For the doubters, regardless of +/_ 5% volatility index, ASI is heading to 70,000 by December.
It's gonna be from the World worst to World best.
Worldwide 🌐 investors are moving portfolio to Nigeria soon.
A pointer to this was the recent meeting between PBAT , French and Mobil investors
More would be unfolded sxoon.
Our Economy would be recharged in d word of PBAT.

Mankindman:
Greenish days are here.
Volatility factor of +/-5%.
May this igba tu wa Lara ooooh.
PBAT, you are a correct man. I did not vote for you in vain. You already reward my constant electronic warfare against your haters and detractors. I was at the forefront in the politics section. This a testimony that you are a blessing for BATISTs and all Nigerians.
Just like that you increase my Networth by almost N15M in just 2 weeks of your 8 years tenure.
You will not die by the Power and Authority in the Word of the beginning which God used in creating heaven and heart. You will live long in good health. You are rich already, no need to add wealth.
For the doubters, regardless of +/_ 5% volatility index, ASI is heading to 70,000 by December.
It's gonna be from the World worst to World best.
Worldwide 🌐 investors are moving portfolio to Nigeria soon.
A pointer to this was the recent meeting between PBAT , French and Mobil investors
More would be unfolded soon.
Our Economy would be recharged in d word of PBAT.

emmanuelewumi:
I don't know how to put it but I will try.

An investor might have bought a stock, in order to sell the stock at a profit he would start hyping the stock in order to create demands for such stocks which will make the stock price to increase.

I believe when someone buys a stock and continues to talk about the growth potential of the stock at least once in a week consistently for the next 4 weeks or more on NSEMPA, the person is monkey hunting

OBAGADAFFI:
Access and FBNH are the new twins.
UBA ti lule

yMcy56:

Hhmmm.
Oga Emma, which category will you classify me bayii? 😁🤔🤔🤔

emmanuelewumi:




ASI at 70,000 Keh.


I think 62,000 to 65,000 is achievable by 31st December 2023

emmanuelewumi:
Do you market stocks you have bought so that others will rush the stocks thereby making the stock price to fly?

yMcy56:

You're a good Nigerian sir..... replying kwesion with kwesion.....

OK. I don't!
....but I talk about stocks I find potential in repeatedly, or hammer on the stocks the experts have recommended which also align with my thoughts and findings or still, I repeat the stocks observed in market with unusual volumes and with possible potential to rise....

emmanuelewumi:
Unfortunately we have a number of stock marketers on NSEMPA who do so for their own selfish reasons

BullBearMkt:

...attempt to answer your question using TTM comparative strength analysis; Yes, ACCESS most likely to be parity (and overtake) FBNH, assuming both maintain their current financial performance trajectories.

emmanuelewumi:




Unfortunately we have a number of stock marketers on NSEMPA who do so for their own selfish reasons

Coolcash1:
Newbies if you have missed this round one bull, don't worry wait for the second round. Most stocks are overextended hence will soon start experiencing sell off. So, don't just jump into any stock now because it will end in premium tears. Remember PaYtience pays!