Latest / Green Ticker Tales / NGX Premarket May 6, 2026

Transcript

NGX Premarket May 6, 2026 · Green Ticker Tales

• 0:00
  Good morning, ladies and gentlemen. Apologies, first of all, that this is coming in slightly later than usual. I've had a bit of production hitters. For some reason, my mic, I think the gremlins got into my mic and the mic just went pause during the sessions I had to record all over again. So let's get right into it. Starting with yesterday, while we're looking at us, index fell by 0.57%.
• 0:22
  i'd close at just around the 241k max the question we have to look at is uh can we see the index fall further today can we see the index fall further today uh why do i say so i mean it's it's it's uh people looking for buying opportunities you had a market that did 7.33 upward movement last week surely you would expect surely you would expect that you'd have a dip in the market so we did have a deep uh in the market
• 0:50
  Yesterday, a lot of stocks are looking attractive. A lot of stocks are looking attractive. At first, looking quite attractive, I must say, is MTN Nigeria at 836 Naira share. In fact, just to show you the weight of the dips yesterday, that despite some other big cap names moving upwards, the dip in MTN Nigeria, MTN Nigeria fell slightly yesterday, closed at 836 Naira share. So you may have people waiting to position in the stock.
• 1:17
  As I said in the video I did a couple of weeks, days ago actually, I think sometime last June, during the holidays, this is a stock that is primed for 1,000 Naira. This is a stock MTNR that is, that will join the 1,000 Naira club. So at 836, you have people going to be positioning in that stock. They might wonder, can they ride this stock from 836 to 1,000 Naira share? On the flip side of things, you have the bears waiting for the stock, the bears waiting for the stock. Can this stock dip to the 800 Naira mark?
• 1:44
  Because from a psychological level, 800 Naira Mark, that's a key place from a psychological level. You could ride the stock from 800 to 900 or 800 to 1,000, depending on what the market does. This is a market, ladies and gentlemen, at the year today, the market is up by 55.48%. The question is, can we ride this market further? Can we ride this market further to the 70% gain? We've done it before. Can we do it this year?
• 2:10
  i guess you would have to wait and see mt and nigerian reader uh probably big masquerade dipped in the market yesterday you had history made yesterday as well yesterday wasn't just all gloom yesterday wasn't just all gloom you had some sunshine yesterday sunshine from bangladesh cement as the stock crossed the 1 000 mark joining the 1 000 club that is the stock you want to pay close attention to ladies and gentlemen and some people may wonder are we going to see this stock rise much higher
• 2:39
  can we say 1100 can we say 1200 i guess today we'll tell are we going to just see the stock consolidate where it is so that is what we'll be watching and also on my radar as well is where my bank when my bank dipped slightly yesterday fell by 8.72 percent i believe i had to close at um let's get let me just give me a minute i've seen various uh seen various numbers here i don't know it's like some people had some glitches
• 3:08
  in your numbers so i have to cross check my numbers cross checking my numbers uh with the ngx uh numbers that is the primary source of data ladies and gentlemen so uh to be sure to be accurate and we're keen about accuracy on this platform so member bank fell by eight point seven two percent close at thirty nine thirty five couple but the key number to look at is the twenty nine ninety five couple mark why is that the key number in yesterday's training session that was the day low for where i'm buying
• 3:37
  the question is can we see this talk at 30 now at 30 now you're going to see some inflows into this stock and some people will decide to position because 52 week high for when my bank is 36 now so you're getting that 30 and you exit at say 36 that's probably what that's a 20 something percent gain and if you can push higher to maybe 40 now then you know what that's an even bigger gain so the 29 and we're going to see the talk of all between the bulls and beers for a lot of these stocks that dps today
• 4:06
  Those who want to get in at lower prices and those who want to push up the price higher so that they can exit. We'll continue to watch, ladies and gentlemen. We'll continue to watch. These are just some of the stocks I'll be watching. You'll get the longer version. The longer version is in the video. The video goes up by 7 a.m. Nigerian time. This should be out by 7.15. We're running a few minutes later, as I said. I did a few production glitches. The Gremlins got my mic, but I've got my mic back. So, as a win by me.
• 4:33
  one one draw or you might call it a win i won over the gremlins this morning so the gremlins may have made me 15 minutes late but we still proceed i'm switching lanes with pigeon english side of things my people my people helens helens helens uh these yarns today will not go too young much because if i say rain won't fall i just say fall as diddy once we start to default like this oh man the theories because you don't know how long the rain go for but i go heavy when i go light so once you just hear like that that's just run it's a way to go
• 5:03
  also for daily 2k so before i go running taro they can just yarn you one or two teams where they look at the full nigerian market that they look really i tell you see the ocean index before by zero point five seven percent and we don't talk on before saying and that number people they use to gauge the market if the index for that means the market for the index go up that means the market go up so the index first one yesterday people could reason up but i go see for those you know in a market some market those we won't buy go pre-semi prices before they go because they won't say
• 5:32
  premium prices they go up so some days that the buyers yeah i pray at the answer some days that the sellers have read the answer so they watch the full market today whether the market go for more if you be saying go for more so kind of big masquerades for mtn nigeria before yesterday so people will keep eye for the market some people they wait for this talk at 800 now 836 mtn nigeria clues and some people will wait for 800 some people will wait for maybe 900 maybe come on to me stock and so it will be ugly why when i'm back now that's talking people they look at
• 6:01
  i see if you call when my bank shine bubble in fact you reach the collection because the struggles they shine they go they shine the good report card they shine the price they shine everywhere they shine for where my bank i say we watch up today uh it before small yesterday like before small yesterday 8.72 percent gone fall for 39.35 so you get many people with the way they wait to stop for 30 naira yesterday the stock fall below 30 naira you get some with the weight when the stock they rise they go with the cutouts using that so the market dp
• 6:29
  uh the highest price in the last one year remember and trade that at 36 naira so those where they wait for 30 naira the future's reason i say man we can just do some kind of sharp sharp uh entry inside the stock now enter money who money small go come go come go come enter at 30 naira go cut out at 36 which is something they wait so and why would they watch out for the market i rather another stock where we need to watch rather than a big masquerade for this niger stock market arab there before yesterday
• 6:59
  and the second day we are ready for so people going to wonder where but that the following will stop today so i'm going to wonder whether i go default to go make the position i rather not stop waiting on run this year as you know say oily horse as all the hearts all the oil and gas stocks they hurt they go i rather and i said that same blood if you call her i said that they run how are they they move i said that they run how did they move because
• 7:28
  how much i want if i get 20k if i get 30k how many shares i won't buy with it when one share now over eleven thousand there are one or two shares you go back meanwhile some people reason say where other than two thousand naira one thousand nine one thousand eight i carry thank you i carry 20k i know it's a goodbye everybody gets your own power some people won't buy many many shares some people ready to hold one share you talk around for eleven thousand to fifty thousand naira or thirty thousand naira i will say plan wrong they stay happy
• 7:55
  all way now we just understand yourself not as they be so at the full market with the work i can't run like a hustle for my daily to give before rain tf for las giddy we'll see for middle of the day we'll see later