Intendy:
Stocks with new 52 week lows
Wema #0.54k
Unity bank #0.50k
GSK #4.20k
Npf microfinance Bank #0.95k
Eterna #1.99k
GTB #23.80k
Stanbic #32.50k
Redstarex #3.25k
NB #40.50k
Cadbury #8.10k
ETI #5.40k
Pz #4.50k
Oando #2.70k

if Gtb can bow to new 52 week today who is fcmb, fidelity, uba, access, uacn, wapco &co this will refuse to bow

i hope not for d shake of pple inside the train

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29221_LAW_UNION_AND_ROCK_INS._PLC._CORPORATE_ACTIONS_FEBRUARY_2020.pdf
verod capital buying 100% of this stock at N1.23. If you are in the bus from 20k, Congratulations

52 weeks low is 33k, an upside of about 400%.


The purchase price will be reviewed by Verod to between N1.35k and N1.40k.


You should watch out for more of these opportunities in the insurance sector, most especially from those that will be acquired by big Insurance companies or core investors because they might not be able to meet up with NAICOM recapitalisation deadline.


The guy who bought 200 million units of Sovereign Trust Insurance company shares about a week ago might know what he is doing.


NB, I own AIICO, Axa Mansard, Custodian and Allied shares and these are capitalised beyond NAICOM specifications, except for AIICO who can easily get the balance by retaining part of the profits for 2019

OBAGADAFFI:


And you are expecting Dividend for what year?

They paid N1.50k for 2018. They should be able to pay more for 2019 since their debt has been reduced drastically.

currentprice:


if Gtb can bow to new 52 week today who is fcmb, fidelity, uba, access, uacn, wapco &co this will refuse to bow

i hope not for d shake of pple inside the train

fundamental still remain solid sha

That huge impending single offer is still there for another 52wks low next week.

All hands should be on desk to calm situations this weekend.

PETERiCHY:


They paid N1.50k for 2018. They should be able to pay more for 2019 since their debt has been reduced drastically.

Did they pay dividend in 2018?
See yourself drinking alcohol wey you no Sabi drink before.

http://www.nse.com.ng/Financial_NewsDocs/26401_LAFARGE_WAPCO_PLC._FINANCIAL_STATEMENTS_JUNE_2019.pdf
Oga Peteru is consoling himself. I need to go and look for one powerful meme to commiserate with him when the result is eventually released

locodemy:


Did they pay dividend in 2018?
See yourself drinking alcohol wey you no Sabi drink before.

currentprice:


if Gtb can bow to new 52 week today who is fcmb, fidelity, uba, access, uacn, wapco &co this will refuse to bow

i hope not for d shake of pple inside the train

fundamental still remain solid sha

One big boy dey vex with GTB
Plus the already Corona virus wey dey cause wahala
Can recal dat period when Stanbic sold Zenith massively
Zenith came down to N12.50
Ignoring div and fundamental...

currentprice:


if Gtb can bow to new 52 week today who is fcmb, fidelity, uba, access, uacn, wapco &co this will refuse to bow

i hope not for d shake of pple inside the train

fundamental still remain solid sha

Meshpips right now

Stock will still pick up again

Chibuking81:

You are truly on point. We need God to intervene, imagine the effect of corona virus bringing down the price of crude oil to below $40, which will likely happen soon, our country economy will be seriously affected, most state can't be able to pay their worker, meaning that another recession is seriously coming and this will lead to currency devaluation.

Truly we need God intervention. The speed with which investors are dropping their holdings in Nestle and GTB without looking back or thinking about dividends, show sign of great danger in the market.

If what you said is exactly the way it will happen,we go begin wait for fcmb at that 90kobo junction.

Chai.......God forbid ooooooo

rebekah2011:
It will be nice to pick all of these stocks at these prices again and again.

By then, many people will be out of job, if still alive.

currentprice:


if Gtb can bow to new 52 week today who is fcmb, fidelity, uba, access, uacn, wapco &co this will refuse to bow

i hope not for d shake of pple inside the train

fundamental still remain solid sha

nawa ooo as one buys another lows low occurs with brent curently 49.73 only God knows how next week will be imagine access people were struggling to buy at N9.5, uacn that peteru advertised wt plenty memes
uba that i tot will be will stand gidigba all of them bowed to nataural law of nature. CP any hope for we wey shirt don turned to rags cos i dont know the type of dance wey person go dance to the gbedu on ground again.

aremso:


nawa ooo as one buys another lows low occurs with brent curently 49.73 only God knows how next week will be imagine access people were struggling to buy at N9.5, uacn that peteru advertised wt plenty memes
uba that i tot will be will stand gidigba all of them bowed to nataural law of nature. CP any hope for we wey shirt don turned to rags cos i dont know the type of dance wey person go dance to the gbedu on ground again.

I pity anyone that will die because of money.I am one of the victims of 2008 and I survived it.

I pray for anyone trapped In this outbreak to survive it too.It will be very tough to bear but with wrestling,movies, football,2 bottles of life etc one will gain happiness.

Above all,praying for God to withdraw his anger should be our memory verse these days

black friday

2.2% loss

locodemy:
I pity anyone that will die because of money.I am one of the victims of 2008 and I survived it.
Above all,praying for God to withdraw his anger should be our memory verse these days

You know, the epidemic is not even about money, the rich or the poor, it can affect anyone regardless. It's airborne.
If it were to be African countries, different theories and wrong assertions would have been formulated. Trust the Western world to use this to deal with Africans.
Anyway, we are believing the Almighty God to intervene soonest because of His own.
May God shield us and our loved ones.

currentprice:
black friday

2.2% loss

My oga,We don't know if it is the virus or Brent that is fast responding to the price fall.

Brent is currently @ below $50........If we have another case of Corona virus within this weekend,how will you forcast next week market?

A point will be reached by this Corona Virus that even your cash will become useless. What is the value of cash if all producers of goods and services shut down. My people, let's use our white stuff beyond this evil virus.
Some people might be scheming all of us already.
How are we not sure there is an effective cure, but the evil men are not done with SHAKEOUT?

currentprice:
black friday

2.2% loss

Certainly, this is not the best time to be in the market. A good investor should know when to buy and sell. We are in a sellers' market, anybody buying now is subjecting himself to torture. The only stock that is worth buying now is a company dealing with hand sanitizers, face mask and vaccine that could tackle Chief Corona.

Though, yours truly is strapped with a seat belt inside JB and NAHCO simply because the exit door has been locked and key thrown away (No offer reasonable enough to rescue me ).

Verod Capital Offers Over N5bn to Acquire Law Union & Rock Insurance
https://businesspost.ng/economy/verod-capital-offers-over-n5bn-to-acquire-law-union-rock-insurance/

Coronavirus: Lafarge Initiates Medical Protocol at Ewekoro Plant
https://businesspost.ng/economy/coronavirus-lafarge-initiates-medical-protocol-at-ewekoro-plant/

Hmmm... Big players are dumping strong fundamental stocks. This is a serious signal that it is going to get bloodier in the coming weeks or months. Whether dividend hopeful or not.

Caveat emptor.

[quote author=kolaish post=87036307]Certainly, this is not the best time to be in the market. A good investor should know when to buy and sell. We are in a sellers' market, anybody buying now is subjecting himself to torture. The only stock that is worth buying now is a company dealing with hand sanitizers, face mask and vaccine that could tackle Chief Corona.

Though, yours truly is strapped with a seat belt inside JB and NAHCO simply because the exit door has been locked and key thrown away (No offer reasonable enough to rescue me ).[/quote



Edited.

currentprice:
black friday

2.2% loss

By the time Alhaji is done with his share buy back in DC, the index will just crash patapata. :-

UBA and Transcorp don land oooo

http://www.nse.com.ng/Financial_NewsDocs/29224_U_B_A_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/29223_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

mendes911:
UBA and Transcorp don land oooo

http://www.nse.com.ng/Financial_NewsDocs/29224_U_B_A_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/29223_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

Tony has fulfilled his promise......
0.80k + 0.20k= N1

pluto09:




Tony has fulfilled his promise......
0.80k + 0.20k= N1

What about Transcorp?

#Heels...

I think GTB will follow but that result gats be disappointing.

DeRuggedProf:


Your WAPCO is waiting for you......

I read the first case of Coronavirus in Nigeria is a consultant to Lafarge and that he visited the company in Ogun before taking ill. And there are plans to quarantine the factory. This will not be good for the company

mendes911:


What about Transcorp?

#Heels...

Your food done do
Might likely get to your target price next week
Make you no run away o, just scooped it with both hands

I no see the dividend well o, say na 1kobo or 10k

Mcy56:
UBA back to 6.80. Chai!! 50kobo gain in just few hours..................
When people see opportunity, they still run...............
Zenith on its way back to N19 from 17.20 or thereabout...............

When those that picked Zee at 17.20 are selling at 18.50, some will still think they're selling at loss. I hope we can all see the low prices now.
Anyway, still hold your cash if you're with fund. The lion hearted are trading now, e go still reach your fear fear turn.

I was able to cherry-pick mostly at the lowest price for the day. Unfortunately, I was 10k unlucky with Zenith today.

Tomorrow is another day; nothing says they cannot go lower than they did today.

DeRuggedProf:
A point will be reached by this Corona Virus that even your cash will become useless. What is the value of cash if all producers of goods and services shut down. My people, let's use our white stuff beyond this evil virus.
Some people might be scheming all of us already.
How are we not sure there is an effective cure, but the evil men are not done with SHAKEOUT?

The first bold cld be use as a guide. Gold a supposed safe haven is also loosing. at this moment the major asset that is appreciating is US 10 year Treasury, which if this continue wld also halt appreciation following the first bolded from Prof

As for the second bolded from Prof. Personally i dont believe conspiracy theories, my take is that this Pandemic is not being engineered, Rather it is a breakout which we shld all hope be brought under control (either through effective drugs or vaccine) as soon as possible. because if not in the long run then we are all in trouble whether you in cash stock gold treasuries bond e.t.c.

why this kind result now. Show the latest my brother. 10/2019 joor, notting is infaliable, if not for this virus WAPCO should do very well.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/26401_LAFARGE_WAPCO_PLC._FINANCIAL_STATEMENTS_JUNE_2019.pdf
Oga Peteru is consoling himself. I need to go and look for one powerful meme to commiserate with him when the result is eventually released

Not a time to buy anything, God forbid you may need the cash for something else. Some cities are currently under lockdown, Stock might be far away from bottom

chillykelly86:


I was able to cherry-pick mostly at the lowest price for the day. Unfortunately, I was 10k unlucky with Zenith today.

Tomorrow is another day; nothing says they cannot go lower than they did today.