...

Streetinvestor2:
I thought someone wanted to by my bet naija oando at #20 yesterday. Abi na talk with no cash to back it up.Or is after you collect minimum wage you go buy

The question is what is pushing ETERNA and how far can it go compared to OANDO?

mikeapollo:

But Eterna must be doing same or even better than Oando.

People were apprehensive

vacanci:
People were apprehensive

Na so unity bank shares don react for the news

I'm hoping it will tank more, so I can use it as my BETNAIJA stock (in the words of StreetInvestor)...

megawealth01:


Na so unity bank shares don react for the news

Unity Bank might build momentum upwards...

Dyor

@crownprince2017
I sent you mail.
Can't lay hands on your post with which you tagged me on VFDGROUP.

** For anyone interested, VFD is proposing a bonus script of 4:1 subject to shareholders approval at the AGM on 27th June (SEC already approved)

https://doclib.ngxgroup.com/Financial_NewsDocs/41417_VFD_GROUP_PLC-OUTCOME_OF_MEETING_OF_THE_BOARD_OF_DIRECTORS_OF_VFD_GROUP_PLC_CORPORATE_ACTIONS_JUNE_2024.pdf

*DD applies*

Mfunkynation:

Damn i humbly INSURE my HUSTLING with YMCY56 ASSURED LIMITED 😁😁

YMCY56 ASSURED UNLIMITED INTERNATIONAL

Nichee:
That Big for nothing Elephant should cover its face in shame.

Don't balme the Elephant o! There are rumours that Heritage Bank owes the Elephant over NGN400 Billion. This excludes the over NGN40 Billion one of its employees misappropriated recently.

The shareholders of the Elephant need to request for major changes in its risk operations across all its business units.

BullBearMkt:

YMCY56 ASSURED UNLIMITED INTERNATIONAL

Lol. No be small thing oo boss
Ymcy wey he dey follow to buy shell upandan.....

yMcy56:

Lol. No be small thing oo boss
Ymcy wey he dey follow to buy shell upandan.....

don't worry, those "shell" will soon transform into shiny portfolios

yMcy56:

Lol. No be small thing oo boss
Ymcy wey he dey follow to buy shell upandan.....

Madam Mcy, no mind them o! Some people no know say you don dey gidigba for the platform and your views na like the musician, Portable. Na only one event suppose happen before e go react to confirm and show itself repeatedly as a hit.

vacanci:
People were apprehensive

I would still be watchful because whenever the Government says something, the opposite dey come to fruition. No be so dem tell us say there is no petrol subsidy.

Does Unity Bank still have its negative shareholders' funds valuation?

To what extent has it been reduced and by what safety margin are they expected to attain to keep staying afloat?

What about the proposed acquisition by Providus Bank Limited because the transaction between Titan Trust Bank Limited and UBN PLC comes to mind and should still be a point of reference?

Can UBA ACCESS, ZENITH slipp to N17.50.,N15, N25.00. I NEED ANSWERS
BULLBEARMKT

eziokwunwoko:
Can UBA ACCESS, ZENITH slipp to N17.50.,N15, N25.00. I NEED ANSWERS
BULLBEARMKT

I honestly doubt it

eziokwunwoko:
Can UBA ACCESS, ZENITH slipp to N17.50.,N15, N25.00. I NEED ANSWERS
BULLBEARMKT

You will soon get at 10

eziokwunwoko:
Can UBA ACCESS, ZENITH slipp to N17.50.,N15, N25.00. I NEED ANSWERS
BULLBEARMKT

Any thing can slip to any number. If or when they do, will you buy or will you wait for further slips?

I think I know the answer

eziokwunwoko:
Can UBA ACCESS, ZENITH slipp to N17.50.,N15, N25.00. I NEED ANSWERS (PLS),
BULLBEARMKT

...One thing I've learnt in the market over the years is not to say NEVER! None of the us, retail traders/investors do not control the market, we can only use our best judgment to forecast price movements. So, those prices mentioned are probable for the stocks to reach.

Having said that, looking at the charts, these are the prices I will forecast for the stocks to get to (bad case scenarios):

- Zenith: 27 - 28.50
- UBA: 15.60 - 18
- ACCESS: 14.50 - 16.40

The uncertainty of stock market. If anyone knows this answer, the person will sell now and buy lower later.

eziokwunwoko:
Can UBA ACCESS, ZENITH slipp to N17.50.,N15, N25.00. I NEED ANSWERS
BULLBEARMKT

BullBearMkt:

...One thing I've learnt in the market over the years is not to say NEVER! None of the us, retail traders/investors do not control the market, we can only use our best judgment to forecast price movements. So, those prices mentioned are probable for the stocks to reach.

Having said that, looking at the charts, these are the prices I will forecast for the stocks to get to (bad case scenarios):

- Zenith: 27 - 28.50
- UBA: 15.60 - 18
- ACCESS: 14.50 - 16.40

Nice range. I will be happy to see more zenith and uba at that price. I don't have time for access. The same reason I will do away with fbn when I see another opportunity

Agbalowomeri:


You will soon get at 10

And Gtb at #12.Your waiting fit reach when tinubu finish his tenure which I can't say how many yrs

Agbalowomeri:


You will soon get at 10

Ades1:



Any thing can slip to any number. If or when they do, will you buy or you will wait for further slips?

I think I know the answer

Mr Slips will Oliver twist for more slips.

And he will get it, because of the dilutive effect on existing shares, of recapitalising the mega Banks to N500b minimum capital base.

Imagine all the new shares that will be created to raise money.
Outstanding Shares will balloon out, crushing eps, and Market will right-price accordingly.

I could be missing something.

zendi:

Mr Slips will Oliver twist for more slips.

And he will get it, because of the dilutive effect on existing shares, of recapitalising the mega Banks to N500b minimum capital base.

Imagine all the new shares that will be created to raise money.
Outstanding Shares will balloon out, crushing eps, and Market will down-price accordingly.

I could be missing something.

More shares, more capital and most probably increased income for efficient managers (in the short-medium term).
Income would most probably grow faster than the increase in shares outstanding, given the prevailing high costs of borrowing.

Just thinking aloud sha.

BullBearMkt:

...One thing I've learnt in the market over the years is not to say NEVER! None of the us, retail traders/investors do not control the market, we can only use our best judgment to forecast price movements. So, those prices mentioned are probable for the stocks to reach.

Having said that, looking at the charts, these are the prices I will forecast for the stocks to get to (bad case scenarios):

- Zenith: 27 - 28.50
- UBA: 15.60 - 18
- ACCESS: 14.50 - 16.40

OANDO breakout or fakeout?
BBM Please what does TA say?

Just for educative purposes...

https://simplywall.st/stocks/ng/banks/ngse-unitybnk/unity-bank-shares/ownership

NOTE:

I have been loading some bags of unity lately...

Frangel:


More shares, more capital and most probably increased income for efficient managers (in the short-medium term).
Income would most probably grow faster than the increase in shares outstanding, given the prevailing high costs of borrowing.

Just thinking aloud sha.

Sure you will end up with a stronger, better bank .
But in the immediate term your portfolio will have to survive all the hard things happening to it like dilution, shares reconstruction etc especially if you're a short termer.

zendi:

Sure you will end up with a stronger, better bank .
But in the immediate term your portfolio will have to survive all the hard things happening to it like dilution, shares reconstruction etc especially if you're a short termer.

The like of uba, zenith and gtb with the increased os with still make heavy profits to support the os.The owners of this banks have perfected the act of making profits from Nigerian. And this banks won't be coming for PO rather different right issues. The ceos willi want to retain thr controlling interest. Bigger money means Bigger investment in different sectors as holding company. Time will prove who is right. I will make sure I take up all my rights in the 3 banks

sky2891:

OANDO breakout or fakeout?
BBM Please what does TA say?

Make una allow Oando move small before calling for TA ,FA and bedsheet nawaoo

Choiceguy:


Make una allow Oando move small before calling for TA ,FA and bedsheet nawaoo

As in eh... Make E reach #50 for me

megawealth01:


As in eh... Make E reach #50 for me

N50 Pete? Too small