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Nigerian Stock Exchange Market Pick Alerts - Investment (8505) - Nairaland 105w72

Nigerian Stock Exchange Market Pick Alerts (13101750 Views)

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Health3: 12:30pm On Nov 29, 2024
bastardson:
Bidded 491,500 at 1.80
The last time Chams fell to that level was in June this year. Best of luck
yMcy56: 12:33pm On Nov 29, 2024
Sunrisepebble:
I know about that, referring to something brewing presently grin. Not sure what it is yet
That news has been in the public for more than a month ago...
It came about as a result of SEC declining the application to buy minority shareholders
Locotrader(m): 12:35pm On Nov 29, 2024
bastardson:
Bidded 491,500 at 1.80

Leave it there.
Either the vendor stops the supply and allow chams to breathe or he sells at the price we want to buy which is below #2
BabsO2(m): 12:40pm On Nov 29, 2024
essentialone:
The United Bank of Nigeria (UBA) says it has signed a business cooperation deal with the French government to commence full banking operations in .

The bank, in a statement, said Tony Elumelu, chairman of UBA Group, signed the deal with Antoine Armand, the French finance minister.

According to the statement, as part of President Bola Tinubu’s state visit to , Elumelu signed the agreement in the presence of the Nigerian president and French President Emmanuel Macron.

The statement noted that “the agreement is a significant indication of by the French Government for the development of UBA’s full banking operations in ”.

Speaking at the g ceremony, Elumelu said the partnership reinforces UBA’s commitment to providing seamless international banking services for its customers – “not just across the 11 Francophone African countries it serves, but throughout Africa; and French and European customers transacting with Africa”.

“Expanding into is a natural progression, with Paris serving as our European Union hub, as we continue to bring Africa and the world together, through innovative financial solutions. Paris will London, New York and Dubai, as a critical component of our unique global network,” he said.

UBA operates in 20 African countries and the United Kingdom (UK), the United States of America (USA), , and the United Arab Emirates, providing retail, commercial and institutional banking services.

Pray this will UBA dividend growth
Lovely seeing President/PM standing behind Tony and the other guy grin
Pray this will Transcorp PLC dividend growth.

Sunrisepebble: 12:50pm On Nov 29, 2024
Na wa o, You people. Maybe my English is bad. I’m not referring to the posted link as fresh news. There is new information relating to them that is going on presently behind the scenes, I am still awaiting more details so that I can finally share

yMcy56:

That news has been in the public for more than a month ago...
It came about as a result of SEC declining the application to buy minority shareholders

3 Likes

talk2me2: 1:13pm On Nov 29, 2024
essentialone:


Any idea when Linkage Assurance Bonus shares will be credited?
already credited check your CSCS
BabsO2(m): 1:17pm On Nov 29, 2024
BabsO2:


We are waiting for the bullion van at FBNH at market open. What’s holding it back. Abeg make the major buyer resume

The FBNH bullion van attended to two extremely fat transactions for 120million shares at N26. Ummmh.

1 Like

essentialone(m): 1:20pm On Nov 29, 2024
talk2me2:
already credited check your CSCS

Ok.
megawealth01: 1:22pm On Nov 29, 2024
Port Harcourt Refinery To Sell PMS At ₦‎1,030 — PETROA

https://dailypost.ng/2024/11/29/port-harcourt-refinery-to-sell-pms-at-n1030-petroan/
megawealth01: 1:22pm On Nov 29, 2024
megawealth01:
Port Harcourt Refinery To Sell PMS At ₦‎1,030 — PETROA

https://dailypost.ng/2024/11/29/port-harcourt-refinery-to-sell-pms-at-n1030-petroan/

Something we heard was a three years ago stock oooooo 😂

1 Like

yMcy56: 1:23pm On Nov 29, 2024
Sunrisepebble:
Na wa o, You people. Maybe my English is bad. I’m not referring to the posted link as fresh news. There is new information relating to them that is going on presently behind the scenes, I am still awaiting more details so that I can finally share
Alright.
I was referring to the sale of African assets, that it's been out since over a month.
They've received bids for it and published it already.
So maybe there's now a new development to it and you referred to this.

Check the Nairametrics article you posted, it's around Sept 2024.

https://doclib.ngxgroup.com/Financial_NewsDocs/NOTIFICATION_OF_SEC_RESPONSE_TO_PROJECT_THOMAS.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42144_P_Z_CUSSONS_NIGERIA_PLC.-PZ_CUSSONS_GROUP_PRELIMINARY_ANNOUNCEMENT._CORPORATE_ACTIONS_SEPTEMBER_2024.pdf
yMcy56: 1:25pm On Nov 29, 2024
talk2me2:
already credited check your CSCS
Not yet.
I've been searching for your post to tell you this.
The person that bought couldn't see it yet till now, so also REGALINS.
Pls reconfirm.
essentialone(m): 1:28pm On Nov 29, 2024
essentialone(m): 1:29pm On Nov 29, 2024
yMcy56:

Not yet.
I've been searching for your post to tell you this.
The person that bought couldn't see it yet till now, so also REGALINS.
Pls reconfirm.

Nothing yet from Linkage Assurance. Bonus shares not seen.

1 Like

SonofElElyonRet: 1:32pm On Nov 29, 2024
Who has news about the newly introduced MTN commercial paper?
Modified: closed
Sunrisepebble: 1:43pm On Nov 29, 2024
I think it was only open to institutional investors and ed HNI's. They have negative shareholders funds and according to the rules, they're not supposed to issue 's to individuals.

SonofElElyonRet:
Who has news about the newly introduced MTN commercial paper?
Modified: closed

3 Likes

yMcy56: 1:44pm On Nov 29, 2024
TANTALIZER is back up.....
Some heavy cross deals.....

Market is generally trading sideways today .. .
Hopefully December will bring the much expected bull .....

WAPCO: Better you announce the much awaited news, make you no just trap people's funds unnecessarily....😊

1 Like

Bukkydudu: 1:48pm On Nov 29, 2024
Good afternoon house!

I bought Transcorp shares of about 30k units sometimes ago. Checking my portfolio now I saw that it has reduced to 6500 units. I didn't sell at anytime . Please is it possible for shares to reduce on it own without selling. Please I don't really understand the market, I'm a novice.
I
yMcy56: 1:51pm On Nov 29, 2024
Bukkydudu:
Good afternoon house!
I bought Transcorp shares of about 30k units sometimes ago. Checking my portfolio now I saw that it has reduced to 6500 units. I didn't sell at anytime . Please is it possible for shares to reduce on it own without selling. Please I don't really understand the market, I'm a novice.
I
Did you check the price at which you bought and the price now?
Did your cost price reduce or is there much difference btw the total cost of purchasing it?
Bukkydudu: 1:55pm On Nov 29, 2024
yMcy56:

Did you check the price at which you bought and the price now?
Did your cost price reduce or is there much difference btw the total cost of purchasing it?

The cost increased a lot now compared to when I bought. I just don't understand why the quantity I bought reduced.
yMcy56: 2:01pm On Nov 29, 2024
Bukkydudu:
The cost increased a lot now compared to when I bought. I just don't understand why the quantity I bought reduced.
- There was share reconstruction.....
- 4 shares became 1
- So, for instance, if you have 200,000 units at N10 before, divide the units by 4, it will become 50,000units after reconstruction.
- Also, multiply the N10 by 4, it will give you N40.

2 Likes

sterlingD(m): 2:02pm On Nov 29, 2024
Bukkydudu:
Good afternoon house!

I bought Transcorp shares of about 30k units sometimes ago. Checking my portfolio now I saw that it has reduced to 6500 units. I didn't sell at anytime . Please is it possible for shares to reduce on it own without selling. Please I don't really understand the market, I'm a novice.
I

Transcorp did share reconstruction so what you are seeing now is after the share reconstruction view the attachment below for explanation

https://doclib.ngxgroup.com/Financial_NewsDocs/42429_TRANSNATIONAL_CORPORATION_PLC-SHARE_RECONSTRUCTION_PRESS_RELEASE_CORPORATE_ACTIONS_OCTOBER_2024.pdf
yMcy56: 2:04pm On Nov 29, 2024
JAPAUL cross dealers still at work.....
Hopefully they'll get done with whatever movement/buying/selling they're doing and allow the stock breathe...

Morgan iTrade is having some data glitch, I hope they rectify it before next market day.

1 Like

Bukkydudu: 2:04pm On Nov 29, 2024
sterlingD:


Transcorp did share reconstruction so what you are seeing now is after the share reconstruction view the attachment below for explanation

https://doclib.ngxgroup.com/Financial_NewsDocs/42429_TRANSNATIONAL_CORPORATION_PLC-SHARE_RECONSTRUCTION_PRESS_RELEASE_CORPORATE_ACTIONS_OCTOBER_2024.pdf

Toor.
Thanks for this. I appreciate
Bukkydudu: 2:05pm On Nov 29, 2024
yMcy56:

- There was share reconstruction.....
- 4 shares became 1
- So, for instance, if you have 200,000 units at N10 before, divide the units by 4, it will become 50,000units after reconstruction.
- Also, multiply the N10 by 4, it will give you N44.

Thank you so much .
Princkez: 2:10pm On Nov 29, 2024
yMcy56:
TANTALIZER is back up.....
Some heavy cross deals.....

Market is generally trading sideways today .. .
Hopefully December will bring the much expected bull .....

WAPCO: Better you announce the much awaited news, make you no just trap people's funds unnecessarily....😊
TANTALIZER is already on full bid..
megawealth01: 2:13pm On Nov 29, 2024
grin
Princkez:
TANTALIZER is already on full bid..
megawealth01: 2:14pm On Nov 29, 2024
ELLAHLAKES if you know you know grin

1 Like

Mpeace(m): 2:22pm On Nov 29, 2024
megawealth01:
ELLAHLAKES if you know you know grin
Na so you see oando cross deals at N90. You go soon become prophet.

1 Like

megawealth01: 2:23pm On Nov 29, 2024
Mpeace:
Na so you see oando cross deals at N90. You go soon become prophet.

Please be careful. Don't refer me to anyone here as per becoming people I don't know as I don't believe certain people spiritualizinng any stock

I didn't reply the guy that mentioned #90 cross deal for Oando because I felt like ignoring him.

The #90 for Oando isn't a recent thing, it was sometimes ago when the hype was on, there was cross deals at somewhere around that #90 zone which was kind of substantive... I was saying those who bought huge then probably knew what we don't

1 Like

Princkez: 2:31pm On Nov 29, 2024
megawealth01:
ELLAHLAKES if you know you know grin
I don load finish @ sub #3...#20 loading after agm, watch out...

1 Like

megawealth01: 2:36pm On Nov 29, 2024
Princkez:
I don load finish @ sub #3...#20 loading after agm, watch out...

Mr Time will do the needed justice grin

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