Latest / Green Ticker Tales / NGX Premarket July 3, 2026
Transcript
- 0:00good morning welcome to today's pre-market podcast thank god it's friday uh we're looking forward to the end of what has been a rather bearish week i was on my radar this morning also index i fell by 0.61 percent yesterday so we seem to be seeing a deceleration of losses and let's see if that continues but depending on what side of the fence you are
- 0:24uh a beer market is an opportunity to cherry pick to take a position in stocks uh for the traders and um the the the those who wanted to sell that while a beer market means that the prices are going down what's on my radar other than the index which i think would have slimmer losses uh today zenith bank currently stunting at 101.95
- 0:50Zenith Bank has traded almost 20% below its book value. I think at this point, one can suffice to say that one can switch from accumulate mode to buy mode. Because at 101.95, stock is almost 20% below its book value. There's no reason why Zenith Bank, one of the best-run banks in the country, should be trading below its book value. I don't know about 2028 or 2029, but I think if you take a punt,
- 1:20When you look at the macros, the Nigerian macros remain quite steady. So as long as you have steady macros, at least for the rest of the year, hopefully they hold up post-election next year. I see no reason why this stock shouldn't be in 150, 160 stock. So I will be paying close attention to Zenit Bank. I'm also going to be paying close attention to Wapco. Wapco broke below, I think what was the support, around 300. Wapco closed below the 300 Naira mark.
- 1:50uh to be specifically closed at 290. so i'll be watching i think we'll go see the technicals what they say and then also looking at consolidator hallmark it's kind of falling to my bearing for more context crossover at 6 a.m nigerian time the video should be out uh that's just slightly above or around its book value so no reason to not accumulate that but these are my thoughts
- 2:18In no way or shape is it investment advice. Like I said, the journey to hell or heaven is a personal decision. How you get there can only be gotten there by you. Switching over to the bridging English side of things. Now people, morning. Thank God we're here today, not Friday. Friday, not weekend. The first day, Friday, not weekend, let me say, we're on the poor iPhone market. The first day market, they open with the watch market. And the market, we talk, and I just talk market. You see, get different market. Get market for clothes.
- 2:47the market for book the market for food but this one are stock market now where every day people they come they buy they sell pieces of different real companies and whether they put might maybe did the market and so that's all will be uh this week rough not be small for the market but that's why they be as the week they rough some people they happy some people not they happy those really happy now those we won't buy as market before price before they go by
- 3:14Those where one sell, those where they buy and sell for the living, those where they trade, they're not so happy. But that's the way they be. When you see markets say, markets they go up, they go up, they go up, you know where you go cash out. And the market they go down, they go down. Sometimes you can just say sit down. We can see where things go down. We can see where things go settle, then they go enter. And so you get stocks where I go watch, they pull high for Zening Bank, you know Zening Bank, Namaskarit, and the way these stocks down, they fall, they fall, they fall.
- 3:41eh it be like same man you don't reach where people go started they took some money at the faces so i can't big big man big big boys big big girls because started they took money for inside the stock uh but uh then if they wasn't it was two guys you must use one eye use one corner eye they look gt because the two of them they work out like twins and so did you sell for gt there are 129 i share and many stars will fall even wacko will be big masculine for this man's base you may see all these men's thoughts
- 4:10man all of them poof already does they run they go before you know they run like before uh but uh you know say one thing about markets nobody knows the number you go look you can see look the company waiting that they do so fast say the business they do where they see they make money they see their settings they see what they define and the price will be at some point in time both of them uh go blend so right now i saw it could be like i go i read myself right now now the mood where everybody dinner
- 4:39some not just they happy see ah i don't put money for this market in the fall and but not be highly looking like that and markets they go up with the cool down if you so fast in a better team you buy at some point in time it will start to the worker they go up so it will say as market will be by midday if you get the time if you join us around the one o'clock niger time if you don't get the time tango said today on friday most people they close early for work 6 p.m
- 5:08Come here, we come here and we tell you how to perform our care today. 7pm, you go jam the video. You go jam later in the day, be that. Meka waka.