Latest / Green Ticker Tales / Nigerian stocks to watch WTD May 31, 2026

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Nigerian stocks to watch WTD May 31, 2026 · Green Ticker Tales

• 0:00
  Good morning, ladies and gentlemen. Welcome to this week's weekly award list podcast. For more context, the video is up on YouTube at Green Ticker Warrior. But for those of you who take out the time to listen to the audio version of things, welcome, welcome, welcome. You get to have a bit extra because with the audio, the audio is recorded a few hours just before market open on Monday morning.
• 0:28
  So what am I going to be paying attention to this week? First on my radar is the Initiate PLC. Yesterday evening, yesterday was a Sunday, Sunday evening, I saw reports, at least on social media, that the public office shares, I believe, and the rights issues shares, I think, have been credited. But some people haven't gotten theirs as well. Now, what I don't know, what I've been watching out for is...
• 0:56
  for those whose shares have been credited from the last offer are they going to be able to sell tomorrow because if your cscs accounts have been credited and those shares have been credited as so that means you can sell if you want to do so but whichever way it is a tip remains on my radar is first on my radar um in this week's trading session and by the way this week's trading session is going to be an abridged one
• 1:23
  abridging the sense that you have a public holiday uh one of the eid holidays uh coming up um within the week so it's very likely you may have a one or two day holiday and so that shortens the trading uh session also my radar is nine minutes nine minutes uh rights issue is closing uh today now if you've qualified for the rights issue i strongly would suggest that you take up the rights issue
• 1:51
  uh for more context you can get the go watch the video i did but if you look at the rights issues right issues for now and the stock is trading slightly above tenner uh so that's a huge discount and anyways uh the the the the right issue i think it's it's at the discount that's the company that is in recovery phase and so you can go check out the video for more details but i think if you have qualified for the right issue go take up your rights issue
• 2:21
  uh ara del is also on my radar ara del says i mean a couple of weeks ago they said look we will drop our audited fy 2025 numbers and q1226 numbers we will drop those numbers on or before uh may 30. so they have about uh five days or so or within the next five days they should drop their numbers ara does an oil and gas uh player fcnb
• 2:49
  in a somewhat similar group fcnb had stated that look we're going to drop afs in 25 and q126 we expect the two firms uh had guided so it's a guidance right it's not a casting stone it's a guidance about fcm he says hey or not before may 31st 2026 we're going to drop our afs 225 and q126 numbers and so those stocks are on my radar um
• 3:18
  Fidelity Bank, by the way, Fidelity Bank last week held its earnings call. I thought I was going to do a podcast on it. Maybe I'll still do, but I'm definitely going to put together my thoughts on Fidelity Bank and write on it. I was on the call. The call was quite informative. But we're waiting for Q1 numbers from Fidelity Bank are pending. So those numbers should be out anytime from now. Last week's top gainers and losers.
• 3:47
  uh remain on my radar uh last week it seemed that last week was the week for small cap stocks it seems like there was some rotation into the small cap stock uh space so i'll be paying close attention uh to those stocks you had the likes of uh uh abc transport abc transport was the best performing stock last week uh you had also the likes of academy press
• 4:17
  um university press and even learn africa so those are some of the best performing stuff last week i think you're going to see some profit taking i mean when you look at the likes of abc again 44.8 last week so for those who wrote reading that um uh bull run uh profit taking will occur now on the user side of things i think you're going to see more of consolidation uh most of those you didn't have big dips you didn't have big dips
• 4:45
  was performing stock last week so interest insurance fell by 22.4 percent because that's 228 covers so these are stocks that are trading close to either support levels or psychological support levels so you kind of will see those stocks range trade here um so those are just a handful of the stocks i will be paying close attention to and if you have the time we do from tuesdays to fridays usually have free market uh video
• 5:15
  pre-market podcast media video midday audio podcast and then market clues as a daily market summary audio and podcast so the pre-market uh podcast goes up tuesday to friday at 5 00 am video goes up at 6 00 am nigerian time uh midday uh midday
• 5:42
  Podcast goes up at 1 p.m. Video goes up at 1.30. While by 6 p.m. Nigerian time, you have the audio side of things. And then by 7 p.m. Nigerian time, you have the video market summary. So that's a rundown of how we tend to cover the NGX, ladies and gentlemen. So I thank you for listening. Have yourselves a profitable week ahead.