valacious:
They are about to move up WAPCO...650,000 @ N50!..ummm.
If you can take position, do that now.

Due diligence required.

I got more units at N49 that was before noon.

bigjay01:


for every seller there is a buyer.

whenever you see such volumes in any of these dead stocks, know that someone that knows what you don't know is at work.

The question is that at what PRICE is the BUYER buying

Investnow2017:


The question is that at what PRICE is the BUYER buying

checkout daily value vs daily volume

bigjay01:


checkout daily value vs daily volume

oga leave that area.
If you dont know this pls know it now.
you can buy a stock from the owner at agreed price lets say 10kobo and the broker will cross it at 50kobo normal price.
so be careful for the volume you are seeing so you dont buy snake meat.

bigjay01:


checkout daily value vs daily volume

suppose the buyer was paid to buy the stocks by the seller

Agbalowomeri:


suppose the buyer was paid to buy the stocks by the seller

whilst i am not holding brief for either party, the fact remains that someone is ready to put his/her money in the stock. Unless it is crossed for free.

@ DeRuggedProf,

Can you kindly sell your Transcorp shares? I want to see if you are the one responsible for it's stagnation (Not that am saying you have caught Sir Peter's bugs).

....Runs away......

bigjay01:


not a strategy in stock trading/ investment

It is a personal strategy unrecognised by the official market.

Please any ideas about jaiz bank?

It's been dancing on one spot

stocks with new 52 week lows
jaiz bank #0.57k
Julius berger #28.00k
stock with new 52 week highs
Nestlé #1300.00k

Agbalowomeri:


suppose the buyer was paid to buy the stocks by the seller

#SMH

mendes911:
@ DeRuggedProf,

Can you kindly sell your Transcorp shares? I want to see if you are the one responsible for it's stagnation (Not that am saying you have caught Sir Peter's bugs).

....Runs away......

@Mendes911,
no run yet.
FXUSER already informed us that it will still drop.
If you need to buy sizeable volume, I expect you to have started accumulation at N1.35.....
That was what I meant by 'ESPECIALLY IF YOU HAVE BAGGAGE'.....
I never look for bottoms, I STICK TO STOP LOSS....
I am rooted here, I know the news that will drive this one to my DD position, what is happening is NOISE....


DISCL: FO is again on my RADAR.

DeRuggedProf:



@Mendes911,
no run yet.
FXUSER already informed us that it will still drop.
If you need to buy sizeable volume, I expect you to have started accumulation at N1.35.....
That was what I meant by 'ESPECIALLY IF YOU HAVE BAGGAGE'.....
I never look for bottoms, I STICK TO STOP LOSS....
I am rooted here, I know the news that will drive this one to my DD position, what is happening is NOISE....


DISCL: FO is again on my RADAR.

Is there difference between news which never arrive AND prayer that must surely be answered?

Is WAPIC trying to make a move or fleeing away from 1 kobo rule. Abeg come back and wait for your punishment which will be discharge on you soon.

Wapic shall rise again

locodemy:



Is there difference between news which never arrive AND prayer that must surely be answered?

Prayer is superior to news....

DeRuggedProf:

Prayer is superior to news....

ok.lets keep on praying for our stocks. i am well loaded in Transcorp and fcmb. waiting for the news after my prayers.

DeRuggedProf:



@Mendes911,
no run yet.
FXUSER already informed us that it will still drop.
If you need to buy sizeable volume, I expect you to have started accumulation at N1.35.....
That was what I meant by 'ESPECIALLY IF YOU HAVE BAGGAGE'.....
I never look for bottoms, I STICK TO STOP LOSS....
I am rooted here, I know the news that will drive this one to my DD position, what is happening is NOISE....


DISCL: FO is again on my RADAR.

I know. Was only joking.

Bear no let my friends talk today! Some stocks only rally during bear season! !

Intendy:
stocks with new 52 week lows

jaiz bank #0.57k

Julius berger #28.00k

stock with new 52 week highs

[b]Nestlé #1300.0[/b]0k

Nestle is giving us a sign. Market watchers must be waiting to enter their desired stock.

currentprice:


brov hope you know my fairprice is my own opinion. and it should not form the basis of buying/selling of any stock. MERISTEM analyst can tell you their fairprice of Dangote flour is N7.50 and FO fairprice is N90 it is their own opinion . identify the strategy that work for you and you will have rest of mind on your investment

i hav being eyeing FO since last year but my calculation shows a very low fairprice as at the time it was selling close to N150 . FO move from N39 to N48 few days ago to what look like bottom out and someone call my attention to it that i said it will get to certain price,.. i still held on to my guide ^fairprice since no new information to review price. FO closed at N40 yesterday so find your guide and leave noise for Mkt paticipant

for request, following are my opinion on fairprice for those stock base on latest report ;

dangote sugar N22, dangote flour N25, zenith N40 and uba N16

Thank you very much

FCMB GROUP COMPLETES ACQUISATION OF LEGACY PENSION MANAGERS

Ladi Balogun Group CEO FCMB with Lamis Dikko Chairman Legacy Pension
FCMB Group Plc has successfully completed the acquisition of an additional 60 percent equity stake in Legacy Pension
Managers Limited (Legacy). The acquisition, which increases the holding company’s interest in the company from 28.2
percent to 88.2 percent, was concluded at the Completion Board Meeting of Legacy on Tuesday, November 21, 2017 in
Abuja.
The completion of the transaction follows the approvals of the Central Bank of Nigeria, the National Pension
Commission, and the Securities and Exchange Commission. FCMB Group’s acquisition of Legacy is set to open a new
vista of sustained growth for Legacy through the enhanced distribution and market presence.
Analysts have hailed the decision of FCMB Group to acquire majority stake in Legacy Pension as a significant
development that would enhance the future performance of both organizations. They anticipate that Legacy Pension will
be better positioned to grow its market share, compete effectively upon the onset of Retirement Savings Account
portability, and also enter the micro-pensions segment in the informal market by leveraging on the network of First City
Monument Bank, the retail and commercial banking arm of FCMB Group.
FCMB Group Plc’s subsidiaries include: First City Monument Bank Limited, FCMB Capital Markets, CSL Stockbrokers
Limited, CSL Trustees Limited, First City Asset Management Limited, FCMBMicrofinance Limited and now, Legacy Pension
Managers Limited.
FCMB Group has over 4.3 million customers and 204 branches in Nigeria and a banking subsidiary in the United Kingdom
through FCMB Bank (UK) Limited (which is authorised by the Prudential Regulation Authority (PRA) and regulated by the
Financial Conduct Authority (FCA) and the PRA in the United Kingdom).
Legacy Pension Managers Limited is licensed by the National Pension Commission, to carry on business as a Pension
Fund Administrator (PFA). It has over N220 billion assets under management comprising, retirement savings accounts,
retiree accounts as well as privately managed pension funds for institutions. It has over 350,000 pension contributors
which it services from 48 locations across the country.



I dont know how deruggedman take know there is news coming to Transcorp.
I positioned here since because of that news but it doesnt want to come.
If the news is true eeeeehhh! i go hammer well well.
sir T.............you and Alhaji Dangote we are looking unto for another great Nigeria.

ok.lets keep on praying for our stocks. i am well loaded in Transcorp and fcmb. waiting for the news after my prayers.

SeetaBook.com SeetaBook Download Free PDF eBooks

GOODMORNING HOUSE
dis ci leasing reconstruction, i need suggestion for and against share construction. Mgt and board claims a better way to manage share capital.from the 3billon unit, 400 million unit new shares, the abarajay convertible note and likewise the right issue to take place.but how will they be able to raise 25 billion naira equity.
let the forum throw in CONSTRUCTIVE SUGGESTIONS WITH VALIDATED FACTS AND FIGURES.
THANKS

valentinenwoko:
GOODMORNING HOUSE
dis ci leasing reconstruction, i need suggestion for and against share construction. Mgt and board claims a better way to manage share capital.from the 3billon unit, 400 million unit new shares, the abarajay convertible note and likewise the right issue to take place.but how will they be able to raise 25 billion naira equity.
let the forum throw in CONSTRUCTIVE SUGGESTIONS WITH VALIDATED FACTS AND FIGURES.
THANKS

If the bolded is true then it is real danger. To raise 25billion by equity could mean rights issue or some other special placement that could see additional 20billion units of share or more. Hmm. If that is the case then this stock is an early candidate of 0.01. per share. Thank God for removing my interest from all these companies wey I no know wetin them dey sell. The 'excellent' result could be a ploy to lure both gullible and innocent investors into a long thing. Another DAARCOM loading, if true.

Mpeace:
If the bolded is true then it is real danger. To raise 25billion by equity could mean rights issue or some other special placement that could see additional 20billion units of share or more. Hmm. If that is the case then this stock is an early candidate of 0.01. per share. Thank God for removing my interest from all these companies wey I no know wetin them dey sell. The 'excellent' result could be a ploy to lure both gullible and innocent investors into a long thing. Another DAARCOM loading, if true.

An alternative view is that the authorized capital stays at 3 billion shares after the reconstruction given the reluctance to increase the paid up capital hence the reconstruction in the first place. If C&I Leasing intends to raise N25billion shares selling approximately 2.6 billion unallocated shares then on the average they intend to sell each share at approximately N10 or N2.50 in un-reconstructed shares.

NoMoney:


An alternative view is that the authorized capital stays at 3 billion shares after the reconstruction given the reluctance to increase the paid up capital hence the reconstruction in the first place. If C&I Leasing intends to raise N25billion shares selling approximately 2.6 billion unallocated shares then on the average they intend to sell each share at approximately N10 or N2.50 in un-reconstructed shares.

Did I foresee disaster here Think some stocks will be used to test the power of 1k policy regime Did I hear Loco say Halleluyah since he is now a full-fledged, tithe-paying member of DeRuggedProf Synagogue of NSE

Investnow2017:


Did I foresee disaster here Think some stocks will be used to test the power of 1k policy regime Did I hear Loco say Halleluyah since he is now a full-fledged, tithe-paying member of DeRuggedProf Synagogue of NSE

I see the share price getting to N3 or (N12 post construction) before the rights issue.

C&I Leasing is a company valued at N2.5 billion at the moment on track to make N1b full year PAT. How low can it really go? It has the fundamentals to more than support the current share price. The management seems to be preparing the company for the second stage of its growth trajectory given its asset base and deal pipeline.