NewStats: 3,265,510 , 8,187,022 topics. Date: Sunday, 15 June 2025 at 12:26 PM 3q3l43

Despite the red, some stocks are still very much on the defensive side....
Sugar surprisingly is defending the share price....
The banks and some others also.......

Bears time doesn't seems to be now yet....... From the look of things, but let's see what tomorrow brings again...... God willing

GeeKudi:
This is exactly why people always caution to restrict discourse here to the motive of the thread. There is no way people will engage in political or religious debates without getting emotional. it is what it is.

I tire o.
Anything politics will always end that way or degenerate to this....... but since they said we can't dictate what they should or shouldn't type or say, no be say to just siddon dey look now.

Streetinvestor2:
Weldon Tinubu lover.You go throw jab and advice others to go to politics section to respond. Na double standard oh

Lol. Oga Street I hail o.
Blaming Tinubu for everything.... Una do well. 😊
Let's keep this thread for stock and stock related discussions at least....

pluto09:
The significant damage might actually be an exaggeration.
If the damage has been fixed then it definitely not a big one.

Might have been over-exaggerated by social media and Tinubu haters so as to make it look like the nation is collapsing.....
Na their way.

Btw, I'll take you all serious if any of those arguing can take SEPLAT down with -10%
OANDO needs to take the price up beyond una reach too....

GeneralDae:
Saw this somewhere (yet to ) but if true then thank God. My Aradel can breathe 😆

The funniest thing is that online people, who are comfortably sitting in their living room always makes every situation looks as if the country or even the market is collapsing when something happens.
They always rely on what media is saying, coupled with their imagination and political bias to start typing rubb.ish.....thereby causing unnecessary panic for investors.
No thanks to social media.

Is Tinubu the only sitting president to declare state of emergency?
Is it outside the rule of law or not applicable to democratic president?

Once again, can we return this thread to stock related discussions while you take your political discussions to politics section.

SonofElElyonRet:
People should learn to link their bank s to cscs so they get money from shares sold paid directly into their bank s

Obvious you're not a trader but a long term investor who used to sell once in a blue moon.

No short or medium term trader will go for this your option.

** Not the best option.

Bukkydudu:
Please I was paid a large sum of money from flour mill around November last year. But in my portfolio with my stockbroker. My flour mill shares is still listed.

Simply your stock broker to delete it from your trading portfolio.
Do this for any other one that has been delisted and already paid you the exit/buyout price.

INSURANCE REFORM ACT
Reps ed Insurance Reform Act......
Maybe this will have positive impact on the sector....

https://punchng.com/reps--nigerian-insurance-reform-act/

More......
https://thenationonlineng.net/oando-picked-as-preferred-bidder-for-lease-of-guaracara-refinery-in-trinidad-tobago/

https://www.thisdaylive.com/index.php/2025/03/13/lagos-gdp-hits-259-billion-emerges-second-largest-city-economy-in-africa/

https://punchng.com/afdb-iita-sign-e5m-deal-to-boost-agriculture/

KarlTom:
In summary, 1 unit of share carries 1 vote

77,952,420 votes (for) vs 228,066,509 votes (against)...

Good.
I figured this one out too

KarlTom:
Actually, 'most of the minority' voted in favor.
However,their holdings did not meet the requirements...

Thanks.
When I was reading it, I was like was there a mistake in the reporting......and I've not been chanced to listen to the EGM.
Now, whose votes were against.....because majority holder didn't vote......Ok. I think the votes counts according to shares owned by the voters.

In essence, the non approval still favours the minority shareholders.....let it move to 60+ abeg 😁

Streetinvestor2:
This is exactly what we will do those chinko if they come up with rubbish price on wapco.These companies have been cheating the minority shareholders in this delisting or buy out deals. Our greatest enemy has been the shareholders associations they use as proxy

PZ minority shareholders aren't smiling with the management at all. 😁
They have some vital info beyond what the management is projecting publicly I think.
If minority shareholders can be voicing out like this, they'll at least be treating them somehow fairly.

See Union Bank that left and paid minority shareholders a paltry N7.07 naira! Very poor!
Some purchased this shares as high as 30+

KarlTom:
I hope and pray that when they eventually settle, the SP (for consideration) will be higher.

Honestly, the debt-to-equity conversion is in the best interest of shareholders. Repayment will keep swallowing the profits...

I guess some shareholders have insight into some privileged info possibly, this could be one of the reasons they rejected it in the first, 2nd and now the third time, if I'm right.

Definitely PZ is using some tactics to shortchange minority shareholders and they in turn are catching them in their games.
I guess they know PZ can do better than what they're presently offering. They are getting out of losses and finding means to corner the goodies to themselves.

If they can do revaluation from 23.60 to 37.10, then they should be able to revaluate much higher nah.
If they review up to 60 or more, maybe they'll approve it.....at least they won't pick it so cheap, then start reaping bountiful harvest. Lol.😊

What about the Asset sales if one may ask?

DeRuggedProf:
FF @ FY'24 moved from 3.58% to 9%. With this X deal, FF is now at 11.88%. Is this how they want to cure the deficiency? By migrating the shares to selected individuals? They promised an offer in Q1 2025 to cure this deficiency. Q1 is almost going. Looks like these guys no wan outsiders for now. This company self...
I am sure the guy/s that initially bought 300m from Idiahi and now the one/s that have bought 350m today won't even be selling a single unit. So how so they improve liquidity?
REAL FF is still at 3.5% or 320m units if you ask me!

Once it's not in the hands or custody of the majority shareholder, they may classify it as Free Float.....
See sense....😁

ositadima1:
So my TA is actually working kind of, lol

You tried.
TA on which and which stocks?

PZ
EGM outcome....
* Revised conversion from N23.60 to N37.10
* Majority shareholder's holding post conversion will be 79.81%
** The resolution was not approved by the shareholders of PZ
** PZ minority shareholders not joking......Let PZ come up with better valuation 😊
https://doclib.ngxgroup.com/Financial_NewsDocs/43346_P_Z_CUSSONS_NIGERIA_PLC.-POST-EGM_NOTIFICATION__CORPORATE_ACTIONS_MARCH_2025.pdf

According to Marketforces, attached are proffered as way forward....

ojeysky:
Looks like champion has traded over a billion today, I hope meristem app is not having issues. Perhaps cross deals occurred

350M in single cross deal @N4.00

BullBearMkt:
Sorry, I do not run any paid services. I only assist with FREE stuff

Thanks for the correction sir.
I actually first typed that I don't know if you run paid services but had to change it again...... believing you'll come and set the record straight. 😊

Valthegreat:
Thanks for always being there.
I also think Afripud is over-bought currently considering the size of the business and the current share price which is making me believe that Street's assertion might be the way it is headed.

I was thinking I can do a JIJO to collect the bonus and cash out but I might get trapped so let me quietly go for my option B instead.

Lol @ Jijo.
For bonus related trading, you'll need to wait for medium to long term.....OR, depending on how deep your pocket is.
Overbought or not depends on Mr. Market, the products/new areas being ventured into, and where the company/MM actually want it to be in of share price.

* UCAP was dumped towards Ex-bonus date but when marked down, it swiftly moved back up.
UCAP @ current price 19/20 was actually N57/60 now.

** AFRIPRUD @4bn new OS is still not high....the 2bn was actually small.

*** Not any form of advice to retain or sell it***

packman:
Hello @yMcy56
Please can you recommend a site where or a whatsapp or telegram group where i can get Technical Analytics breakdown (PAid or FREE) i would really appreciate this

Like Street said,, OGG using below link....

https://nairaland.macsoftware.info/onegentleguy

Click on "Send E-mail message to Onegentleguy"
Then Submit.
It will go direct to his personal email , then hopefully he'll reply you, then you take it from there.

** Oga BBM on below link as well.....for paid services or free stuffs.

** His page: https://nairaland.macsoftware.info/bullbearmkt

Valthegreat:
Mcy pls do you see the price of Afripud possibly dropping by up to 50% after the bonus? Because definitely I know there will be dumping but is there a way the chart can guide us on the possible resistance level during the dumping?

Yes.
Will be slashed into two after bonus + dividend markdown (slashed into two because bonus is 1:1)

Let's say APR closed @35 before markdown...

After markdown (also called Ex-Div/bonus date) it will be:
A. N35 minus 0.60k = N34.40k
B. (N34.40 x 2bn) ÷ 2bn + 2bn = N17.20k

** Note however that: If markdown price appreciates more from that point 17.20, then your holdings will be in advantageous position once the bonus is added.

** Concerning the dumping you mentioned, it might not be dumped as envisaged, it may appreciate instead.......
If it's going to follow UCAP pattern, then it may appreciate faster than we think.

Sovereign Trust
Is new investor coming in?
Quite a large volume on cross deals in market @N1.00.
Closed to N1bn spent.

talk2me2:
What is wrong with Morgan platform today since market resumed the tickers are not loading.

Working fine

yMcy56:
Quite some green in the market.....
Oga Agba, that means the resistance didn't break I Blvd, the hold...
A good one.

Anyone looking for a penny stock with potential should keep TANTALIZER on his/her watchlist for medium to long term.....

March 07, 2025

TANTALIZER on full bid @3.14. Crossed N3 mark. Wow!!
Rise sooner that expected.......

awesomeJ:
Can anyone access MCSE iTrade rn?

It's working perfectly
Try and clear caches and past history
Then restart the system
If problem persists, your IT .

currentprice:
@Loco how far about those quoted post? what was the prices of livestock vs cileasing when we made d post and what are the current prices

Well done Boss 👏🙌

sterlingD:
Africa Prudential delay in releasing result
https://doclib.ngxgroup.com/Financial_NewsDocs/43292_AFRICA_PRUDENTIAL_PLC-MARKET_INFORMATION_ANNOUNCEMENT_CORPORATE_ACTIONS_MARCH_2025.pdf

To be released on/before 8th March.
Today is 7th, so by weekend or latest Monday 10th it should be out...
Maybe by COB today or weekend.


UCAP @19.90 in market, almost @20

KarlTom:
President DJ Trump has paused some of the proposed tariffs on Mexico and Canada...
https://www.bbc.com/news/articles/c5y03qleevvo

Thanks.
I also read somewhere that the TB rate declined, maybe some of those funds will find their way to the market, we wait and see.

Mpeace:
Na elumelu go pursue me comot from this stock business.
Wale fit better this guy.

This got me lmao.
Oga since all these years Tony no pursue you o.
Whether na below N1 you accumulate self before reconstruction.
Better align with Wale too......miracle fit happen with him too..

GeeKudi:
I am sure he was trying to quote pre-reconstruction price of N40+

Post reconstruction was around 44
Pre reconstruction was around 11
Cant the exact figure now.....

..and no, he wasn't trying to quote post reconstruction price. I don't think so.
Pre should be used as reference only since the price is already in 'post'.

Quite some green in the market.....

Oga Agba, that means the resistance didn't break I Blvd, the hold...
A good one.

Anyone looking for a penny stock with potential should keep TANTALIZER on his/her watchlist for medium to long term.....

Heishere:
We are waiting for it at N10 - N15

Oga you try o....
So at 10 it will now be N2.50 pre-reconstruction?
Dey play 😁

GeeKudi:
Not excatly, dear sister. If it is 5 for every 2 held, it means they want to transform 2units to 5units, that is, 2bn OS will just become 5bn and not adding 5bn new shares.

Alright thanks.
We see what they're coming up with.

Meanwhile, DANGSUGAR @37!
This market, the more we look the less we see....
PATIENCE is really a virtue in this market....
Maybe because it's been over-punished.....who knows.