NewStats: 3,264,227 , 8,183,041 topics. Date: Tuesday, 10 June 2025 at 09:09 AM 9711a

6z3e3g

Nigerian Stock Exchange Market Pick Alerts - Investment (8207) - Nairaland 12i3u

Nigerian Stock Exchange Market Pick Alerts (13158588 Views)

(4)

Go Down)

designking: 10:28am On Sep 25, 2024
jonnysessy:
I don't think that is possible.
Fidelity Bank movement will encourage more persons to buy access bank shares.

Access Bank is a Tier 1 and grossly undervalued at the moment. The spinoff from Fidelity and Wema bank will push access bank upward a bit

2 Likes

Willie2015: 10:30am On Sep 25, 2024
designking:

Fidelity Bank movement will encourage more persons to buy access bank shares.

Access Bank is a Tier 1 and grossly undervalued at the moment. The spinoff from Fidelity and Wema bank will push access bank upward a bit

Access na...
Stingy bank..
Think say dem go change small
after the exit of the Boss..

2 Likes

Willie2015: 10:34am On Sep 25, 2024
Princkez:
ELLAHLAKES and our audio plantation....we are @ km #4

D goodies are always in audio projection... cheesy grin
See FBN wey i buy for N20 plus
I don jump out at N31...
Even last dividend FBN never pay ...

1 Like

Raider76: 10:36am On Sep 25, 2024
Willie2015:


Access na...
Stingy bank..
Think say dem go change small
after the exit of the Boss..


The new boss as the same approach as the late one
yMcy56: 10:46am On Sep 25, 2024
Mpeace:
seen. Thats just too poor.
It depends....
The exit price may not be subjected to Withholding Tax.....
I expect the shareholders to reject the N70, then force them to review the price up....
On top all those revenues! shocked
These guys are just taking minority shareholders for granted....😟
olig(m): 10:46am On Sep 25, 2024
Exactly!
Thinking of buying Access now 🤔

designking:

Fidelity Bank movement will encourage more persons to buy access bank shares.

Access Bank is a Tier 1 and grossly undervalued at the moment. The spinoff from Fidelity and Wema bank will push access bank upward a bit
designking: 10:48am On Sep 25, 2024
olig:
Exactly!
Thinking of buying Access now 🤔

For a quick cash out. You are sure of a 30% return in few weeks due to the correction or adjustment of prices within the banking stocks.

They all move in symphony

1 Like

Sunrisepebble: 10:59am On Sep 25, 2024
The recent rally in Ellah Lakes, is this backed by any solid news or just speculation ?
Raider76: 11:01am On Sep 25, 2024
designking:


For a quick cash out. You are sure of a 30% return in few weeks due to the correction or adjustment of prices within the banking stocks.

They are move in symphony

Don't expect any 30% rise in Access price. Rather Fidelity will correct.

3 Likes

designking: 11:04am On Sep 25, 2024
Raider76:


Don't expect any 30% rise up n Access price. Rather Fidelity will correct.
Fidelity will not correct... It will find a new trading range around ₦18 - ₦22.

Same thing they said about first bank returning back to ₦22. These bank shares are on a silent bull run and many will miss it.

Banks are returning back to their old share prices which is in the range of ₦60 - ₦70 for Tier 1 banks and ₦25 - ₦40 for Tier 2 banks.

2 Likes 1 Share

Ginalex(f): 11:06am On Sep 25, 2024
designking:


For a quick cash out. You are sure of a 30% return in few weeks due to the correction or adjustment of prices within the banking stocks.

They all move in symphony
the audacity with which you promise percentage of returns ehn grin grin

6 Likes

Raider76: 11:08am On Sep 25, 2024
designking:

Fidelity will not correct... It will find a new trading range around ₦18 - ₦22.

Same thing they said about first bank returning back to ₦22. These bank shares are on a silent bull run and many will miss it.

Banks are returning back to their old share prices which is in the range of ₦60 - ₦70 for Tier 1 banks and ₦25 - ₦40 for Tier 2 banks.

You know very well FBN was a special case. Anyway Mr. Time will tell. Hard to predict the market.
designking: 11:10am On Sep 25, 2024
Raider76:

You know very well FBN was a special case. Anyway Mr. Time will tell. Hard to predict the market.

Time will certainly tell. But Access bank will gradually trade for ₦25 in few weeks. It is going to be gradual and steady due to demand pressure.
KarlTom: 11:10am On Sep 25, 2024
grin
Ginalex:
the audacity with which you promise percentage of returns ehn grin grin
yMcy56: 11:15am On Sep 25, 2024
Agbalowomeri:
And you think he won't buy out Honeywell shareholders too?
Of course!
Once parent is off, wetin remain?

But they might have another plan for Honeywell maybe.......
Something like retaining or changing the brand name, and this will be their listed arm on NGX.
Just reasoning it ni o. 😁

I won't still advice Honeywell holders to act in haste yet........let's see what becomes of Honey in Excelsior's hands....
yMcy56: 11:18am On Sep 25, 2024
FIDELITY
Opened @17+
Traded as low as 16.75......
Now back @17.....17.40....
The forces packing it are behind curtains.....
Buying pressure is strong till now....
Around 96.9M units traded as at now........101M units.....

2 Likes

zendi: 11:18am On Sep 25, 2024
Willie2015:


Access na...
Stingy bank..
Think say dem go change small
after the exit of the Boss..


The ultimate Boss remains, Aigboje Aig-Imoukhuede.
So the culture should remain.

2 Likes

sterlingD(m): 11:22am On Sep 25, 2024
yMcy56:

Of course!
Once parent is off, wetin remain?

But they might have another plan for Honeywell maybe.......
Something like retaining or changing the brand name, and this will be their listed arm on NGX.
Just reasoning it ni o. 😁

I won't still advice Honeywell holders to act in haste yet........let's see what becomes of Honey in Excelsior's hands....

What about NNFM ? What is going to be its fate as it is a subsidiary of FMN.
crownprince2017: 11:24am On Sep 25, 2024
Ellahlakes blazing is not yet here, it's just starting, slow and steady win the race..

Audio farm lanje. grin grin grin

People waiting for numbers, you will begin to see the numbers in few weeks.. grin grin grin

6 Likes

yMcy56: 11:28am On Sep 25, 2024
sterlingD:
I want to ask one question is there any link with Northern Nigeria Flour Mills PLC ? (A general question)
A subsidiary of FMN....
It has been on stand-alone from FMN anyway.....
We don't know what will become of FMN's stake in NNFM yet....
Honeywell is more directly related to FMN....
Let's be on lookout for the fate of NNFM in all these.
crownprince2017: 11:29am On Sep 25, 2024
Mcy, what is happening in omatek, we never see anything for this side oooo...

1 Like

vacanci: 11:32am On Sep 25, 2024
crownprince2017:
Ellahlakes blazing is not yet here, it's just starting, slow and steady win the race..

Audio farm lanje. grin grin grin

People waiting for numbers, you will begin to see the numbers in few weeks.. grin grin grin

October last year it got to N4.35 and as usual went back to starting spot. If you are buying now, it's better you hold and buy more when it starts going down. After some time, the news of the visit by stockbrokers will fizzle out especially after q3 blank report is out.

The real bull for Ellah will be when they post first profit

5 Likes

vacanci: 11:34am On Sep 25, 2024
pls has anyone received dividend for C&I leasing Plc?
yMcy56: 11:34am On Sep 25, 2024
crownprince2017:
Mcy, what is happening in omatek, we never see anything for this side oooo...
I'm not part of the management sir .....😁
Can only give updates based on new development that comes up with the company.....
You can sell to come back when there are more positive news....
Princkez: 11:35am On Sep 25, 2024
vacanci:


October last year it got to N4.35 and as usual went back to starting spot. If you are buying now, it's better you hold and buy more when it starts going down. After some time, the news of the visit by stockbrokers will fizzle out especially after q3 blank report is out.

The real bull for Ellah will be when they post first profit
alot has happened since then, some crops are due for harvesting
yMcy56: 11:40am On Sep 25, 2024
Agbalowomeri:
And you think he won't buy out Honeywell shareholders too?
Oga Agba, is anyone trying to link Oba Otudeko in these FMN/Honeywell issue self?
What if hes planning to take Honeywell back?
I'm just thinking out loud.....😁

He may be doing some underground work here....
We can see how's he's dragging FBNH with Ote$$ till now.....
He was under duress to release Honeywell that time, he had limited choice..

Who are the owners of this Excelsior self?
crownprince2017: 11:40am On Sep 25, 2024
Princkez:
alot has happened since then, some crops are due for harvesting

He is comparing the development with then and now...in few weeks they will eat their words when elijahlakes post it's first revenue.
grin grin grin

So u mean people buying with billions are gambling right..mr time will put things in proper perspective in OGG voice.. grin grin
vacanci: 11:44am On Sep 25, 2024
Princkez:
alot has happened since then, some crops are due for harvesting

since 2022 after they took over ADARICE FARMS from Enugu state government and have engaged in Rice and cassava farming, up to now no harvest.

cassava no dey take more than 9 months to harvest.

Maybe when their palm trees truly come of age and they start producing palm oil, we will start seeing real result.

Those brokers that made that visit last week and published it have been cashing out since this week.

https://nairametrics.com/2022/09/12/ellah-lakes-plc-announces-take-over-of-adarice-farms-associated-assets-from-enugu-state-government/

4 Likes

vacanci: 11:54am On Sep 25, 2024
crownprince2017:


He is comparing the development with then and now...in few weeks they will eat their words when elijahlakes post it's first revenue.
grin grin grin

So u mean people buying with billions are gambling right..mr time will put things in proper perspective in OGG voice.. grin grin

Billions ke? are you for real?

There is no single day transaction since the beginning of this year that has sured 150M naira.

Meanwhile do know that if there is buying in Billions, it also means there is selling in Billions.

i have a lot of Ellah lakes too but i know that it's time has not come, so i am not moved by this temporary run

3 Likes

Princkez: 12:07pm On Sep 25, 2024
vacanci:


Billions ke? are you for real?

There is no single day transaction since the beginning of this year that has sured 150M naira.

Meanwhile do know that if there is buying in Billions, it also means there is selling in Billions.

i have a lot of Ellah lakes too but i know that it's time has not come, so i am not moved by this temporary run
please when will it come?
KarlTom: 12:15pm On Sep 25, 2024
Q&A grin

Princkez:
please when will it come?
KarlTom: 12:18pm On Sep 25, 2024
BUAFOODS announced a strategic expansion yesterday.
Today it's on FULL OFFER.

This market ehn... grin

1 Like

Reply)

Viewing this topic: megawealth01, Kumaverse, leo1234(m), Lutexx, olaremint(m), zendi and 5 guest(s)

(Go Up)

Sections: How To . 38
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.