When i requested the form, morgancapital told me that the rights issue is concluded and I should wait for public offer.

unite4real:


The PO is also coming up too. Remember even the RI is still with SEC for approval. None has been implemented yet but do know that the target is to add additional 13.2B units
https://www.google.com/amp/s/nairametrics.com/2023/07/19/fidelity-bank-plc-announces-plans-to-raise-capital-via-public-offer/%3famp=1

yMcy56:
FPI's STAKE IN NGX NOW AT 23.74%
* FPI increased stakes
* Local fund managers and other local stakeholders needs to watch out so they don't dominate the market again......we ought to be wiser now....*my opinion*
https://thenationonlineng.net/foreign-investors-double-stakes-in-nigerian-market/

OMATEK
* A penny stock with future prospect and hidden potentials
* Free from receivership
* The only computer manufacturing coy listed in the ICT/Technology section of NGX
* Stands to benefit from the FG's renewable energy plan as a listed company
* Has standard Solar System facility in place
* Temidayo Seriki as chairman and another active CEO in place
* Status changed from delisting to "Restructuring"
" Plans to raise fresh Capital in market with Unissued share Capital of around 4B
* Possibility of bonus issue
*
https://leadership.ng/nigeria-signs-historic-solar-plant-deal/
https://www.google.com/amp/s/guardian.ng/technology/omatek-free-from-receivership-plans-fresh-investments/amp
https://omatek.ng/omatek-ventures-gets-fgs-backing-to-boost-productivity/

* No be say I dey market this stock o......you know say na how we dey bring out this hidden values, infos and checks be this. At the right time it will respond.
* The Mutual Benefits some are now seen have been sighted and posted here last year, before now; So also some few others...

This is why I told you in mail to buy but I couldn't get the link as it was just an insider info... Some times my gambles are insider info but I just say gamble because it might turn out not TRUE. I also smartly kept saying OMATEK here too... I just hope it's going to be a MASSIVE ride to eldorado. Buy OMATEK even if it's very small units... Plan the future now

Will OMATEK join the naira stocks faster than many? Time will tell

DD ALWAYS sha

megawealth01:


This is why I told you in mail to buy but I couldn't get the link as it was just an insider info... Some times my gambles are insider info but I just say gamble because it might turn out not TRUE. I also smartly kept saying OMATEK here too... I just hope it's going to be a MASSIVE ride to eldorado. Buy OMATEK even if it's very small units... Plan the future now

Will OMATEK join the naira stocks faster than many? Time will tell

DD ALWAYS sha

I don buy omatek... shout out to mercy for the early heads up..

Multiverse eps for q3 is 39k and price is N18+ (seems well over priced) while Japaul eps is 11k and price is N2.07 or so.. Japaul might achieve similar appreciation to like N4/N4.50 in the medium term

sonofElElyon:


I don buy omatek... shout out to mercy for the early heads up..

Multiverse eps for q3 is 39k and price is N18+ (seems well over priced) while Japaul eps is 11k and price is N2.07 or so.. Japaul might achieve similar appreciation to like N4/N4.50 in the medium term

Welcome on board... You na fast guy

I wish JEGEDE can just handover the management of japaul to someone else... I have japaul but

Eku ololo market o

TRUTH be told... Foreign investors have confidence in this present FG unlike the one before...

Let the financial markets succeed

Agbalowomeri:
Eku ololo market o

Any stock hint from you? Happy New year agba billions

Na hint I need not even the name of the entity

megawealth01:


Welcome on board... You na fast guy

I wish JEGEDE can just handover the management of japaul to someone else... I have japaul but

I just bought japaul yesterday together with mutual benefit (mutual has fantastic prospects.! I checked the eps for q3). maybe i bought japaul at the top since its been rallying for quite a while... but I'm willing to wait it out.. i think over time it will deliver... exciting developments and re engineering at Japaul... new private investors brought in billions.. surely they won't allow jegede mess up their funds

emmanuelewumi:



You are a strong woman.

My average price is less than N20.

I sold half between N62 and N63 and invested in Fixed Income at an average yield of 17%.

I hope to borrow against the Fixed Income Investment to buy more of Dangote Sugar next week or first week of December 2023

Which fixed income can I invest on above 14% interest rate

Agbalowomeri:
Eku ololo market o

Ololo Keh.

How?

Why?

Just buy fundamentally sound stocks and sell when they are too expensive.


It think the current average forward PE of stocks on NGX should be about 13.


Which is fair enough

emmaodet:


Which fixed income can I invest on above 14% interest rate

FGN bond

emmanuelewumi:




FGN bond

Okay, thanks

emmanuelewumi:



Ololo Keh.

How?

Why?

Just buy fundamentally sound stocks and sell when they are too expensive.


It think the current average forward PE of stocks on NGX should be about 13.


Which is fair enough

Ololo people are already here o....
Dead companies doing 100% gain. Or what do you call that

sonofElElyon:


I just bought japaul yesterday together with mutual benefit (mutual has fantastic prospects.! I checked the eps for q3). maybe i bought japaul at the top since its been rallying for quite a while... but I'm willing to wait it out.. i think over time it will deliver... exciting developments and re engineering at Japaul... new private investors brought in billions.. surely they won't allow jegede mess up their funds

If you say SO

Laso09:


Ololo people are already here o....
Dead companies doing 100% gain. Or what do you call that

They will all learn the hard way.

yMcy56:
FPI's STAKE IN NGX NOW AT 23.74%


OMATEK
* A penny stock with future prospect and hidden potentials
* Free from receivership
* The only computer manufacturing coy listed in the ICT/Technology section of NGX
* Stands to benefit from the FG's renewable energy plan as a listed company
* Has standard Solar System facility in place
* Temidayo Seriki as chairman and another active CEO in place
* Status changed from delisting to "Restructuring"
" Plans to raise fresh Capital in market with Unissued share Capital of around 4B
* Possibility of bonus issue
*
https://leadership.ng/nigeria-signs-historic-solar-plant-deal/
https://www.google.com/amp/s/guardian.ng/technology/omatek-free-from-receivership-plans-fresh-investments/amp
https://omatek.ng/omatek-ventures-gets-fgs-backing-to-boost-productivity/

* No be say I dey market this stock o......you know say na how we dey bring out this hidden values, infos and checks be this. At the right time it will respond.
* The Mutual Benefits some are now seen have been sighted and posted here last year, before now; So also some few others...

This is very good.

Their 5 year financials are still very disturbing though....

Many of us trading and/or investing here have probably made more money than the company in the last 5 years....

Can the current leadership recover....

For what they do, the company truly should be worth a lot more than what we are seeing but........

I'm just highlighting what is visible on the surface, not recommending or advising in any manner!! Anyone reading please DYOR!!

emmanuelewumi:



Ololo Keh.

How?

Why?

Just buy fundamentally sound stocks and sell when they are too expensive.


It think the current average forward PE of stocks on NGX should be about 13.


Which is fair enough

which ones are too expensive right now?

megawealth01:


Any stock hint from you? Happy New year agba billions

Na hint I need not even the name of the entity

Lol if you are in the market beyond next week na OYO you dey

Agbalowomeri:


Lol if you are in the market beyond next week na OYO you dey

Thanks for the info... You na baba nla

Agbalowomeri:


Lol if you are in the market beyond next week na OYO you dey

You guys should leave this thing...do you think big funds can exit the market in a day or week? This is why people rush to sell in a bull market and end up only buying higher.

Someone here wished for UBA to hit N24 so he can sell and buy lower, the same UBA is now 28-29. If Q1 comes out better, at what price do you think such a peson would re-eneter UBA. Do you also think Access wil go back to N17

Oga dem, make una dey calm down...personally GTB, ZENITH needs to cross N50 before I shake body after Q1 results are out.

stcool:


You guys should leave this thing...do you think big funds can exit the market in a day or week? This is why people rush to sell in a bull market and end up only buying higher.

Someone here wished for UBA to hit N24 so he can sell and buy lower, the same UBA is now 28-29. If Q1 comes out better, at what price do you think such a peson would re-eneter UBA. Do you also think Access wil go back to N17

Oga dem, make una dey calm down...personally GTB, ZENITH needs to cross N50 before I shake body after Q1 results are out.

But na me he dey advice na... I asked for hint and he gave it to me

When will results start coming in especially from the blue chips?

megawealth01:


But na me he dey advice na... I asked for hint and he gave it to me

Okay, Oga Agba no vex

rossoneri:

This is very good.
Their 5 year financials are still very disturbing though....
Many of us trading and/or investing here have probably made more money than the company in the last 5 years....

Can the current leadership recover....

For what they do, the company truly should be worth a lot more than what we are seeing but........

I'm just highlighting what is visible on the surface, not recommending or advising in any manner!! Anyone reading please DYOR!!

Thanks a lot for your contribution.
This is what I'd expected but no, some of them won't talk but would only be waiting at the blame corner......some for don dey talk say new monkey don reach town self.

Like earlier mentioned, it's a potential good stock to keep eye on........and like you said, the company truly worths more for what they do.
The death of the founder was a major setback but the company is waking up and trying to see how to revive the the company and set it on profitable track.

Some are buying into the future of the company.
Anyone not disposed to penny stocks should stay away. E go be for everyone's eyes.

RichEstate:
When i requested the form, morgancapital told me that the rights issue is concluded and I should wait for public offer.

This is not true. It depends on what exactly your request was.
I have acted ignorantly and sent a message to them and they have confirmed to me that they do not even know when it will happen.
Here is the screenshot below

Deadlytruth:
What we are seeing this year is a bull starting with the second tier banks unlike the usual trend by which GTCO and Zenith move first and stop before the smaller banks follow. As far as the current bull is concerned, I think Zenith and GTCO will only begin to reprice themselves when this bull brings these other small banks relatively much closer to them in price.

Na the anticipated N16 final year EPS make me sell every other investments and concentrate on those two.
Hopefully the FY EPS no go be audio and dividend no go dey below N5 per share.

Cornerstone @2.05!
The time this stock was mentioned, it was trading at circa 40k....... those that won't see anything good in it that time are now buying @2+.......it is well.

Those that wouldn't see anything good in Mansard @1.50/1.60 are now buying @6.50.....

If you bought UBA below N15...this your path to financial freedom Hold am tight all the way.

Sitting pretty @N30

9free:

Na the anticipated N16 final year EPS make me sell every other investments and concentrate on those two.
Hopefully the FY EPS no go be audio and dividend no go dey below N5 per share.

CHAI

unite4real:


This is not true. It depends on what exactly your request was.
I have acted ignorantly and sent a message to them and they have confirmed to me that they do not even know when it will happen.
Here is the screenshot below

They wan de-market fidelity so to buy at discount... Well sha me na long term investor in all Anambra projects

Agbalowomeri:


Lol if you are in the market beyond next week na OYO you dey

I don't think so.

But when results start coming in, weak companies that are selling at ridiculously high prices will be punished by the market.

megawealth01:


They wan de-market fidelity so to buy at discount... Well sha me na long term investor in all Anambra projects

See FCMB na....OS is in their favour! Them fit over take Fideilty...fear MM