Latest / Green Ticker Tales / NGX Premarket June 18, 2026

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NGX Premarket June 18, 2026 · Green Ticker Tales

• 0:00
  good morning welcome to today's pre-market podcast uh so what's on my radar today is some ways it's kind of similar to yesterday's performance you had this drip drop drip drop uh slight dip in the banking names so i will continue to pay attention to them um yesterday you had a drop in senate i had recovery in gtco so let's see if the roles will be switched today or we're going to see more of the same
• 0:29
  as then it remains on my radar because it's trading below blue value slightly below book value and so in my view um it's an accumulate thing because there's no reason why fundamentally why that stock that bank i should be trading below book value so i continue to watch and i believe it's an accumulate view that i have a position that one should adopt
• 0:52
  for zenny but in any ways nothing i say is financial training advice these are those my views which are supposed to change at any point in time with which will change at any point in time because market conditions um will change and so be keeping an eye on zenith for some of the i would say last couple of weeks some of the top gainers we've seen them start to pull back looking at the likes of consolidated hallmark international energy insurance but fell sharply yesterday and i think we're going to see
• 1:22
  that pull back. A surprise dip yesterday was in Okomo. Okomo fell by 9.97%, cruising at 1,418. So I'm watching for the 1,200-plus-ish mark. That would be the greatest zone to accumulate, in my view. Regency Alliance Insurance yet to get a formal notice, but the rights issue is starting next week.
• 1:49
  I saw the news media report with all the details. The right issue is starting next week. The right issue is priced at 95. Kobo Regency Alliance closed yesterday's trading session at the 1 Naira mark. So let's see how it continues to trade over the next couple of days. Other than that, it was a pretty, pretty uneventful trading session.
• 2:17
  a lot of the selling from the charter here, a lot of the selling may be institutional investors who maybe just want to get some cash for the upcoming Dangote refinery, Dangote Petroleum refinery public offer, as well as some of those that may be positioning in the private placement or want to position in the private placement. So I think we're going to see.
• 2:46
  continuation of the sell-off um in today's trading session but maybe not as not as sharp a sell-off i mean the index fell by 0.49 yesterday so that's not a it's not too it's not too bad um it's not too bad a drop and when you think of it it's uh the market here today is all by 55.7 so it's not bad
• 3:12
  This month though, the month of June is looking like a rather red month. Month to date, the market is down 3.78% and the week to date, so far this week, we're down 1.52%. And so we'll continue to, I think there are buying opportunities here and there and those will continue to arise. But in buying, I think people need to be cautious, accumulate rather than go all in because we can't say for sure.
• 3:39
  how long this would last, at least for this week. Let's see how next week shapes out. Switching to repeating this side of things. My people, the way yesterday market be, like I say, this week just red everywhere. All the big, big masquerades. Some of them, they fall small, small. Some of them, they fall big. Okomo will be big masquerade for the Niger market. They will be big, big, big, big, big company where they do palm oil things. Okomo before by almost 10% yesterday.
• 4:08
  For the yarns from which hand they're here, they're like cement. And some people, they don't really need their money until, say, this Dangote Petroleum Refinery. And some people, they do what they call private placement. Private placement, they call some big boys, big girls, they tell them, say, man, there's one size share, so you go buy. If you want to buy, bring money, come buy. And so some people don't arrange their money. And that's one of the reasons why the market defaults. And some people, they say, some people even don't arrange money for the public offer after the private placement.
• 4:37
  private mismanager for some select people after the private placement they won't put the market for the full house but everybody say one by combine so i'd be like saying now waiting they drop the market but uh as market they drop opportunities the day as they'll come for like this company i don't see many people don't they hide the company whether i go fall again we don't know our company went on the two fall like that you know say all these masquerade stocks for the ninja stock market
• 5:05
  uh they don't need to move like that so uh as we see them maybe people they wait if you go take a few some takes and that's on weeks for the stock i go for as then it's cd4 but as a on the opposite side of things as why isn't it for a gt code if you go up small yesterday so people go to keep eye on the market just to see uh waiting they happen for the market and you know see how we reason them how do you think they be the difference so if you get the time
• 5:34
  at one o'clock niger time if you join us go listen to the media updates i make i arrange myself i will see where this uh today edition of the elites more let's say they happen like that sometimes this hustle for life you get many many things where they do but we always try say every time with the konya market so make it go arrange uh i'll delete 2k for today and then we'll go see later with that