₦airaland Forum

ositadima1:
So you no see as e dey show all him stocks wey do times 100? You no see NCR wey from ₦170k enter millions? Another ₦300k don turn ₦17 million, abi you no dey see am?

Whether the claims are true or false, how does it impact your portfolio?

What exactly is your grouse??

You need to outgrow envy, otherwise you will never have joy.


If your neighbor buys a private jet now, you will either start thinking it's not his own or start wishing it crashed.

Bia, that's a shade of witchcraft o if you don't know.

Streetinvestor2:
Nawa oh.i didn't see whr he claimed master in his post.Show all your trade abi should your portfolio. Which he has shown in the past.What am I missing in this post.

I think that guy has a serious problem.

He always feels threatened whenever people report success.

I mean if someone says they turned 300k to 17m in 4 years, why should you interpret it as meaning that they said you also couldn't have done it.


All those boys that always want to carry first for class.

Some of us write exams without even bothering to check the results. Whether we come first or last, it makes no difference as long as I pass my Maths.

Streetinvestor2:
Do the index have effects on your gains or loss.
I thought is the individual stocks you trade on daily bases that give ur target like the gain today on transcorp hotel or IB which all gained above 9%

You're right.

What I said about my gains is not tied to the index, I said I'm waiting for my brokers to upload trades.

The statement about the index stands alone

Index managed to survive a 5% dip on MTNN.

I'm waiting for my brokers to upload trades so I can see how profitable these two hours have been.

Nice session!
N30bn traded in just over 2 hours.
Some of us have plenty reasons to smile.

Now it's time to unwind and enjoy our loots

crownprince2017:
I guessed vfd buttered your bread today.

Mostly TRANSCOHOT was the vehicle. The vehicle could have been any stock really. The buttering was done by God!

Today that I almost discounted as not a trading day, not even 1 hour yet and it's already my most profitable day of the month!!

I'll take it as God's christmas gift to me

With this now, I've also broken out of the slow profits of October/November, back above $2k in monthly profits.

egojeny1:
4 more next week rather; Mon, Tue, Wed & Fri.

Friday ia already another year ma.

We were counting the number of trading days left in the year.

@Mankind2024.

You should add the core factor to this first bank story you've been writing.

Many posts on it, yet not once have you mentioned Otedola's acquisition drive.

You make it seem like the only reason the stock has been climbing is cos it's solid.

That's not a complete story, in fact it's almost misleading.


If you think Access will have the same jump in the next 18 months solely based on results, you might be very wrong.


Some people take what you write very seriously, you shouldn't leave out core contexts like that.

jonnysessy:
I understand that the NGX closes 12:30pm today and not 2:30pm. Let's make hay while the sun shines. There is still 5 more trading days before the end of the year. I wish you my NSEMPA brothers and sisters a Merry Christmas and Happy New Year in advance.

4 more days. Today is the last for this week. Then 3 more next week.

KarlTom:
You have a point here!

However, we should not overlook the y-o-y increase in revenue and gross profit (>25%). I personally believe this is the core factor
I look forward to Q3

Every mallam to his kettle...

The point is those increases you mention aren't just coming things quarter they've been visible since Q1, even slightly better in Q1.

Before someone will go and rush to place market order tomorrow morning.

I'm not saying don't do it o, I'm just saying, balance the views.

nosa2:
I suspect it will be going on full bid from tomorrow. Good thing I got in yesterday

You do realize the core drivers of the good numbers (fx gains and asset disposal) have been visible since naira went below 1450.

Anyone who wants to get it should still be able to get in below N50 without struggle.

There may be volume on the stock, but the numbers aren't enough to pull a full bid run, given that they've been largely expected since at least their last quarterly results.

I ran an analysis on it here stating that further gains on the naira vs August 31st close meant these gains would again be reported,. So you expect the broader market to know that even more.

I asked Gemini to run the numbers though.

A combination of falling crude prices and a stronger naira means Alhaji can actually produce Pms at under N650.

We used $57 -based on WTI at $54 being 60% of the feedtock and the remainder being a premium grade at $62, then naira at N1450.

If average crude prices went back up to $65 and naira slumped back to 1650(won't happen)

Gantry price would go up 22% from N699 to N852.

pluto09:
There is the probability that DR might not be profitable yet...

Very likely.

Where else on earth does 10ppm PMS cost $0.5 per litre at retail stations without government subsidies.

The price war is probably costing Alhaji a lot too.

GeeKudi:
He is likely looking for Payunsin, the Ibadan poultry giant

My thoughts too.

KarlTom:
Do you hold DR?

I wrote we'll hold ko? 😄

GeeKudi:
How about the scale of operation? Dangote operates at a scale no one else in the world can boast of.

Yes.
Dangote currently does about 4x seplat's volumes.

So as long as seplat's margins are more than 4x DR's they will have bigger earnings.


DR has the FZE advantage though, while SEPLAT still has to battle taxes (higher taxes at least).


@mikeapollo

Agbalowomeri:
That would be good but very unlikely

Which is unlikely?

The 180k, the suspension or both?

180k is not unlikely.

Market will hit 180k in January 2026.

mikeapollo:
Don't get me wrong. I only added a few perspectives based on the possible SEPLAT $50 and DR $10 margins you mentioned..
The price of crude oil would affect DR and SEPLAT differently because; it is an input (raw material) for DR, and final (finished) product for SEPLAT, hence a fall in its price would benefit DR more, and an increase would benefit SEPLAT more, all things being equal.
While SEPLAT has ready buyers, DR has market monopoly which it can always exploit to achieve its target, that is my point.
Anyway, let's hope both companies do very well so we call can benefit.

Exactly, sounds like we'll hold both stocks just in varying proportions.

Agbalowomeri:
Lol dangerously hanging

Stock prices better add something before second week of January otherwise where dem go land in February no go funny

Market that could hit 180k in January solely on basis of news of CGT suspension

crownprince2017:
Brotherly, I'm trying to diversify into poultry next year, I sincerely wished you can offer some help in that regard, you can probably send me your mail so that I can message you privately regarding the areas I need help.

Thanks.

You meant to quote someone else?

mikeapollo:
You forgot that one enjoys almost a monopoly status in Nigeria and the whole of west Africa. A fall in global oil price may affect SEPLAT, while DR can always adjust its prices to make required margins and stay afloat. What may affect DR is that the IPO may lead to a large OS, which may affect performance metrics per share, and valuation(prices etc.

You think seplat is struggling to get buyers? Do you know how much of their production is already pledged to Exxon?

You tell monopoly story in a context where it matters? what's the business of a company whose future productions are already sold with whether another player enjoys monopoly.

If you're a refinery with 20m of crude in inventory, a $10 fall in crude prices will eatly badly into your already slim margins, may even push you to a loss for the quarter.

Your perspectives are valid though, you can make your investment decisions based on them

mikeapollo:
Dangote Refinery may rival or outperform SEPLAT if they pay also dividends in USD as announced by Alhaji.

not likely.

one has a slim margin, the other has a bigger margin which has just gotten even bigger now.

SEPLAT can make close to $50 gross earnings per barrel, the refinery? maybe less than $10.

There are other dynamics like refinery making money whether the oil market is bullish or bearish (if they manage their inventory well)

Index at 153k.

Some people(Agba) will buy this market at 250k next year

Seplat reporting successful completion of some assets to PML. on over 40k boepd.

Q1 should be sweet!

emmanuelewumi:
Just read about it in a book. Never said you exhibited.

My message was general.


We should consider and be mindful of some of us that are exhibiting the trait. We should treat them with respect

You should know i was just trying to stress you na

emmanuelewumi:
Mid age crisis is real, don't be rude to people exhibiting it.

When did i exhibit Mid age crisis?

Streetinvestor2:
What happened to the downward movement of naira to #1300. The government did not see more fund to borrow to make it happen
In this yr as per the reserve.
I guess we are okey with stability that is being achieved with already borrowed fund...lol
I thought with the inflation on -14%.and trade surplus we will be on 1k for naira. All economic theories I was thought in school no dey work in this government.

Market forces.

Who has been able to reach Morgan recently. I've been trying to call them for days now.

Their iTrade is also currently down on my end.


Modified: iTrade is smooth now.

MeezPat:
After Pa Emma and AwesomeJ spoke on Bull Rice, I went to Bokku to get mine today.I got two for 59k each but saw there was another Bull Rice Diamond long grain for 74k.

You can refer to me as Josh if you prefer.


Hello @everyone, my first name is Josh 😁

feelamong:
TANTITA now owns about 20% of a bank

i hear they are gunning for 50% ownership of that bank soonest

Is the bank listed? that could mean a massive rally.