NewStats: 3,259,757 , 8,170,849 topics. Date: Sunday, 25 May 2025 at 10:52 PM 2461p

PuristForest:
we think EL will test N3 again before rally commences
https://ewnation.com/ellah-lakes-rally-may-lark-in-the-corner/

Can you take a view at FirstHoldCo?

DeRuggedProf:


You need the patience of a croc there...
My candid advice: If your position is heavy there, consider reducing to a comfortable level, use proceeds to hit NB or BUA ( don't ask me why BUA), look at it's daily RSI...
If you want to hit it big, follow Loco with the proceeds. Loco has heard something I heard. I am waiting for him to confess first...

Do you mean BUA CEMENT or BUA FOODS?

https://doclib.ngxgroup.com/Financial_NewsDocs/43955_FIRST_HOLDCO_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

sky2891:
If the banks roll out improved Q1 2025 results, what may likely be the effect on the share prices?

UBA confirmed. We wait for others.

https://doclib.ngxgroup.com/Financial_NewsDocs/43818_FIRST_HOLDCO_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2025.pdf

60kobo

lancee:
Access .. Any News

Result expected within or before the Easter Holidays

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Access_Holdings_Plc_Potential_Delay_In_Filling_2024_AFS_.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/43746_FIRST_HOLDCO_PLC-FIRST_HOLDCO_PLC_-_NOTIFICATION_ON_PUBLICATION_OF_2024_AFS_CORPORATE_ACTIONS_APRIL_2025.pdf

AFS: On or before April 30, 2025.
Likely Q1 alongside AFS

If the banks roll out improved Q1 2025 results, what may likely be the effect on the share prices?

Agbalowomeri:


Are you expecting dividend from first bank? You can be sure that people have seen it and it's not looking good

The Rights have been listed, and I guess people who bought at N25 are taking profit.
The Unaudited and the Audited may not have much difference and if at all then it should be improved Audited.

https://doclib.ngxgroup.com/Financial_NewsDocs/43388_FBN_HOLDINGS_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_MARCH_2025.pdf

PuristForest:
https://ewnation.com/transcorp-a-good-long-term-bet/
https://ewnation.com/thomaswy-may-hit-the-brakes-soon/
https://ewnation.com/fbnh-on-verge-of-something-big/
Enjoy

PuristForest what has changed?

yMcy56:
MPC Outcome
CBN voted to hold all interest rate @27.50 across board......

https://nairametrics.com/2025/02/20/breaking-cbn-votes-to-hold-all-interest-rates-at-27-5/

MPC Decisions:

• Monetary Policy Rate(MPR) retained at 27.50%.

• Cash Reserve Ratio(CRR) retained at 50.00% for Deposit Money Banks (DMBs); and 16.00% for Merchant Banks, respectively.

• Liquidity Ratio(LR) retained at 30%.

• Asymmetric Corridor retained at +500/-100 basis points around the MPR.

The next MPC will be held on May 19 – 20, 2025

PuristForest:
This is definately not the time you want to be buying.....

You seem to have a contradictory view in FBNH, why?

EDUECO:

Work has started already in FBNH!

I can see the invisble hand in DANGCEM!!

Work has started in FBNH? Please, how?

Raider76:
Someone's quitely accumulating FBNH.

Since 30th January

Any news on FBN Holdings possible PRIVATE PLACEMENT?

Agbalowomeri:
RSI-NGSEBNK10 divergence: on the weekly and Monthly

Double top
Distribution
Enjoy

Break it down please.

Raider76:
Well, every kobo counts of course. But 5m units of Geregu is just about N5b. The private placement in FBN is N350b. Hardly a scratch.

There was also 10m units on 31-12-2024, which makes it about N10b additional to the N5b.
Still a scratch but not to say that whoever is selling is banking on this alone to raise funds.
Little from here and there including existing funds from his/her billionaire pocket, other business proceeds and even taking loans if need be.

KarlTom:
What's cooking in GEREGU

These deals in 99k tranches are not on queue.
Could it be a cross deal that is split to avoid price movement?

Are you sure someone is not raising more funds to completely "close-in" on FBNH?
I observed same transactions on 31-12-2024.

Raider76:
Today is the closing day of the FBNH rights issue. Let's see what the bid/offer table will look like.

Now closed. Let's see what the bid/offer table will look like.

Agbalowomeri:


Wahala Wahala

Make una sha watch out; the kasala go begin burst from 11th-18th Jan

Are we not expecting the massive bull anymore or do you mean the bull period?

Raider76:


N18bn off market cross deal on FBNH. I am watching FBNH. I think it may catch GTCO in price.

Why do you think so?

Agbalowomeri:


2025 will be interesting 😂

Please, are we looking at any specific period in 2025?

Sunrisepebble:
They have huge losses because of the FX crisis. Once the right issue is reflected on the balance sheet and if FX remains stable around this level by FY 25 I believe they will start coming out of the mess
Note: I own the stock for that reason but DYOR

If the Rights were fully subscribed, then I believe by Q1 2025 the FX debts will be cleared with the proceeds from the Rights and PAT will likely turn positive.

Sunrisepebble:
I believe next year NB will rise again. I bought a lot of units on the exchange when they were doing their rights for just 1kobo . A lot of Foreign investors love the stock. Once results are better, it will gbe body

Please, what's the outcome of the rights issue? Fully subscribed?

BabsO2:


Who is and why the dumping?
At this rate taking up the rights is unattractive.

That might likely be their goal.
Just like in UBA.
The rights may have already been reserved for the ''RIGHT'' few known to them.

BabsO2:


N5 billion already changed hands today and the price has been dragged down to N25. Making taking the rights no more attractive / possible for sell to take.

The offer on the floor is also so large despite the high volume already traded. What’s happening

At the early hours of trading today. I saw single volumes at N25.50 in batches of 50m and 20m units repeatedly which were not in queue.

megawealth01:


Yes it's expected. Ote$ is probably up to something with this right issues stuff

I believe so too.
I wonder what he might be upto.
I look forward to a more disruptive game after this rights; especially during the N350bn capitalisation.

FBNH
The volume.
Cross Deals.

Sunrisepebble:
I’ll share more info when it becomes clearer. Right now, that’s all I’ve heard

I appreciate.

Sunrisepebble:
I’ve heard a very healthy is in place

How very healthy is the , upto N200?

Sunrisepebble:
There is a news that just dropped on my table after all. Currently doing DD, it seems its more than profit and valuation matter

Please, share.