leo1234:


E be like say this guy don sell wapco.

Not yet. His WAPCO holdings are still intact.

Cadillac15:



Not yet. His WAPCO holdings are still intact.

One must start taking this wapco seriously oh. I remember hearing pa Emma speak positively about this company's prospects after rights. Don't want to be left out oh. I go just pick small unit so that when them start talk like DF pple I go follow them stand up. But if it goes the other way...

Agbalowomeri:


Maybe I need baileys to clear my vision

https://www.proshareng.com/report/Review%20&%20OUTLOOKS/Nigeria-2018-Outlook-Acta-Non-Verba/10879

currentprice:

210m units of AIICO changed hands yesterday. Something definitely cooking here

fxuser:
Diamond
- wat 1.35 is to fcmb , is wat 1.50 of to diamond
- SP back at July highs
- a strong weekly close and higher weekly open is needed to breakout .
- '' IF ''its breaks , next stop is N2.3

dis:
watching this closely
dont hv any

Diamond, Diamond, Diamond for the past one month! Shouldn't I join the shining train?

wanaj0:


210m units of AIICO changed hands yesterday. Something definitely cooking here

morning boss. abeg increase your post.. would like to learn more from it

what of if we look it the other way like... the fear of 1k rules

January next year will be very interesting, if those 50k started sliding non 50k might 1st shake out before they realise there is no need for this

samguru:



Guy I have shares in virtually all the companies listed on Nigerian stock exchange though may be small and I attend AGMs to get the contacts of those people who can give me useful information about companies performances, I take information serious in this business, as this is my first source of income.

Are you sure it is just information

I heard those who have shares (like 10 units or lower)in all listed companies and attend AGMs do so to get corporate gifts from the company. They also fight over food.

A plate of meal and drink with corporate gift has covered the cost of the small units these dudes have in the company.

If you are there for information, it is a good thing. Others are never there for such.

RabbiDoracle:


Are you sure it is just information

I heard those who have shares (like 10 units or lower)in all listed companies and attend AGMs do so to get corporate gifts from the company. They also fight over food.

A plate of meal and drink with corporate gift has covered the cost of the small units these dudes have in the company.

If you are there for information, it is a good thing. Others are never there for such.

What about the transport fare, to and fro?

Transcorp...wat is really going on?

RabbiDoracle:


Are you sure it is just information

I heard those who have shares (like 10 units or lower)in all listed companies and attend AGMs do so to get corporate gifts from the company. They also fight over food.

A plate of meal and drink with corporate gift has covered the cost of the small units these dudes have in the company.

If you are there for information, it is a good thing. Others are never there for such.

Bros you go school nah, see you don fall my hand Anyway I don forgive you.
See God has blessed me beyond scrambling for stuffs at the AGMs, don't derail us please

TRANSCORP !!!! Already 79m units traded.
Likely, the news we have been expecting is around the corner..

samguru:



Bros you go school nah, see you don fall my hand Anyway I don forgive you.
See God has blessed me beyond scrambling for stuffs at the AGMs, don't derail us please

You suppose recognise jokes

ihedioramma:
You done follow o ?

No..keep changing my mind ..cld ve done that since

not being trading enough daily volume ^{(50k unit)} save FO from touching N25 before DEC end the low it touch this year was N38. looking forward to see their Audited report

No massive bear DEC , let see if the stock prices can be sustained in Jan and Mid Feb ..sold some Fbnh and Df during the last bull ..Still on the line to buy lower but no way for now


Well ..Merry xmas to all my Brothers and Sisters on this Forum

Happy Holidays !!

RabbiDoracle:


Are you sure it is just information

I heard those who have shares (like 10 units or lower)in all listed companies and attend AGMs do so to get corporate gifts from the company. They also fight over food.

A plate of meal and drink with corporate gift has covered the cost of the small units these dudes have in the company.

If you are there for information, it is a good thing. Others are never there for such.

Bad guy. You still remember those guys for that WhatsApp group.

They will deliberately buy 100 units or thereabout in all the listed companies because of corporate gifts and at times do get money for transport fare.

They do rate companies based on the corporate gifts and not based on financial performance.

I once met a guy with 10 units of Nestle shares.

Companies with bad financial results usually give very good corporate gifts and transport allowance.

samguru:



Bros you go school nah, see you don fall my hand Anyway I don forgive you.
See God has blessed me beyond scrambling for stuffs at the AGMs, don't derail us please

You can't take jokes,Sir.

lancee:
No massive bear DEC , let see if the stock prices can be sustained in Jan and Mid Feb ..sold some Fbnh and Df during the last bull ..Still on the line to buy lower but no way for now


Well ..Merry xmas to all my Brothers and Sisters on this Forum

Happy Holidays !!

You will see investors with N2000 worth of shares, but they know that they will get corporate gifts and maybe transport allowance of a minimum of N5000. They are the shareholders who usually hold the company secretary to ransom. They usually dance to the tunes of these jobless shareholders because the company secretaries have something to hide.

Why do you think we have the proliferation of shareholders groups?

Koi

emmanuelewumi:
You will see investors with N2000 worth of shares, but they know that they will get corporate gifts and maybe transport allowance of a minimum of N5000. They are the shareholders who usually hold the company secretary to ransom. They usually dance to the tunes of these jobless shareholders because the company secretaries have something to hide.

Why do you think we have the proliferation of shareholders groups?

Less than 2% of shareholders attend AGM, a company with 20000 registered shareholders may have about 200 shareholders who will attend the AGM.

It is possible the company made a loss for the financial year, and N5 million was earmarked for AGM expenses banks spent up to N100 million.

The company which made a loss, may spend an average of N5000 each on the 200 shareholders present at the AGM making a total of N1 million.
Those who spoke shareholders who spoke well about management during the AGM may collect another 20k, big companies pay between 50k to 100k.

That is why most of the shareholders leaders don't care about the average retail investors. That was why Wale could do what he did with Oando for many.

SN is a shareholder leader who is selfish and I have never heard him criticized any company's management.

Shareholders activism is now a business, management pays these guys, some are given contracts, their children given jobs some are now being compensated with positions on the board.

how many people r disappointed waiting for a big bear but unfortunately nothing yet.

tritritri:
how many people r disappointed waiting for a big bear but unfortunately nothing yet.

I thank God i am well positioned in Transcorp.
Even if bears comes now,Transcorp will not be a partaker.
The great news will soon unfold and we will be taking to KM2.50.

Godidfaihful where u @

Momoney54:
Thanks Fx user for the analysis and all for the active and useful inputs. I have noticed that when the market is bullish then this thread is quite active and when it is bearish then there is a lull. To more bullish days.....

- no p bro
- no one likes watching paper profits disappear or current prices retrace towards their entry zone.
-we need to bulls to rest well for Q1 at least

fxuser:
Transcorp
- still finding support above 1.40 .. big trades
- buyers still soaking up d massive over head supply

Transcorp
- still soaking up d over head supply
- nice build up

fxuser:


Transcorp
- still soaking up d over head supply
- nice build up

If i may ask.Am still wondering why a guru like u would load transcorp 50% of ur portfolio even with over 40B OS.? anything u wanna tell us sir?

tritritri:



If i may ask.Am still wondering why a guru like u would load transcorp 50% of ur portfolio even with over 40B OS.? anything u wanna tell us sir?

Shiiiiii.....follow the money.

emmanuelewumi:
You will see investors with N2000 worth of shares, but they know that they will get corporate gifts and maybe transport allowance of a minimum of N5000. They are the shareholders who usually hold the company secretary to ransom. They usually dance to the tunes of these jobless shareholders because the company secretaries have something to hide.

Why do you think we have the proliferation of shareholders groups?

this is for real.they even bring mathematics inside.if dangflour did not pay us dividend this year,then there will be enough rice at the agm venue.