₦airaland Forum

lawani:
Any rule can hold if the market operator decides it is good for the market. You can invite private placements without being profitable and then do an IPO after showing profitability in even six months. It isn't a bad rule. Janis and institutional investors can join the private placement after checking very well while the general public go in only when profitability has been demonstrated

It's a backward and unnecessary rule, no serious market will ever push it.

You guys expect too much spoon feeding from the market when you can simply have your own rules to guide your investment decisions.


No one forces you to buy every stock listed.

If profitablity is your own gauge, then write that rule in bold fonts and hang it on your wall, instead of trying to use your fear and lack of experience to limit a market we're trying to grow.

Streetinvestor2:
Some people money go enter voice mail be dat if your money will be in thr custody

There's indeed that risk since they're neither well established or regulated.

Streetinvestor2:
Who is behind it.We have to agree on my terms and conditions concerning the election. It will have to be devoid of inec glitch and manipulated results. So we will use results from certified polling units only for declaration of the winner.And not pronouncement from wike judges that is contrary to polling units results. as they enjoy free houses now
Thr will be results transimited by third parties from polling units in 2027

Some new fintech I guess. I just read about them today, and I'm considering trading the outcome of Osun elections to test the waters.

As to your conditions, they're probably hard to provision for, I guess the positions will simply be closed once INEC declares a winner. Even Court judgements afterwards will no longer affect the trade.

For those who like to make bold statements about the next election, here's a way to put your money where your mouth is and cash out:

N4m to win 11.3m in 5 months if Peter Obi wins.

Especially now that market is consolidating.

megawealth01:
Just imagine in a moment if he mentioned the name of the special one of the people of the other religion, here for don dey on fire by now

I believe he has now learned.

SonofElElyonRet:
Offensive
Can you try that with the other one?

It's divergence of interpretation and it's okay.

He should probably apologize to people who feel offended.

Truly, Jesus has no business floating an IPO, so the mention was unnecessary.

Agbalowomeri:
I would be surprised if she is in the bus

The emotions in the post point to it.

My recommendation is people should manage 1.5% monthly in fixed income when market slows.

SonofElElyonRet:
Must you spoil your post with irreverence towards Jesus

I don't see an irreverence though.
I read it as him saying even if the most noble person (Jesus) was issuing, he would pass so long it's an IPO.

yMcy56:
If AVA cannot put the affairs of her house in order, then they're better operating as a private company.

NGX needs to develop some rules against these dealings and also amend Rules to protect the public where necessary.

I hope this SEC doesn't turn to a toothless dog eventually.
Quite some unexplained activities in many stocks since last year and since January.

Would you have been saying these if the stock was at N20 now?

Seems like you got caught in a trap cos you saw a few days of full bid and went in.

That's gambling. Maybe just take the lesson and move on.

yMcy56:
These AVA people....
I mean who does this shortly after listing?
This has been happening everyday without any tangible explanations for it....
Even if it's one WhatsApp platform that's downgrading the stock and causing panic sales in the Market, the regulators ought not to fold arms and watch investors money draining daily!!

I think SEC needs to investigate into what's going on, if they're truthful about protecting investors and sanction any culprits involved!

The fact that they're newly listed is enough to keep supporting the share price until there's stability in the market.....
I hope they're not out to scam people!

I'll try send mail to SEC on this....
If they like let them not reply

Why did you buy??

We have said time and again that trading isn't for everyone.

And certainly successful trading isn't gambling either.


Maybe you should hold for dividends.

megawealth01:
Awesome dey cruise ooooo

Another exotic car loading

Ahhh.. I think a N1bn portfolio will be a better target o 😁😁😁

Agbalowomeri:
AwesomeJ has promised to sell of @30

I shed 44% of my holdings at between 29.5 and 31.5 last week 😁😁.

Agbalowomeri:
I am sure the big boys have seen Q2 EPS at N15

See how dem scoop all offers Lol

Some people made 20% today alone

AwesomeJ come out o with your loot o

😁😁😁

Raider76:
I wouldn't touch GEREGU until the new owners show their hands.

You only trade what you know ain't it?

Otherwise you'd be gambling and pushing high emotions.

Trading isn't for everyone.

toyeoye:
30 minutes to the close and GEREGU just printed a new 52-week low on nearly 7x normal volume, crashes to ₦825.70 👀

Sweet!

Let this too start coming.

Should be a buy around N300.

presiade:
X-Alert stopped working again. I stopped receiving trade alerts on June 19 or so. Free money for the CSCS, hmm?

Still works here, just about 5-7 days late. Currently I'm receiving alerts for deals made on July 2nd.

Agbalowomeri:
Meaning the recovery is fake

More woundjurement incoming

with 230k as an equilibrium position, let's continue on a simple harmonic motion with 30k amplitude!

Streetinvestor2:
Even with that uncertainty the worst it could do is 200k.That is because those companies fundamentals did not change based on quater results as they have improved results.
But if street turns red after election to unimaginable position. Na buy one and get two go happen...lol....street analysis

Exactly!

Streetinvestor2:
Let see what happens from now till January election. You see the way crude goes up and down because of trump/other guy talks is what will be happening. Even alhaji ipo fit no happen this yr

I'm good with the swings, matter of fact, I prefer it. but 220k will hold everytime.

ghm:
Is it available now?

I have been trying to buy it for many months now.

Try tomorrow. I'll be buying tomorrow too.

AIRTELAFRI helps the market reclaim 240k.

It's great to know this index as much as I do.

Those saying election election, you should have picked when you had the chance.

ayobama1:
Mandatory Tender Offer 🤣

Document says TAKE-OVER

Agbalowomeri:
AwesomeJ is not awake yet ni

megawealth01:
MTO means MANDATORY TAKE OVER

M andatory T ake-over O ffer.

The offer is what's mandatory, acceptance is not.

They're only buying up to 2% of the OS.

ASI reclaims 230k early this session.

AIRTELAFRI could still add 3k points.
DANGCEM too.

awesomeJ:
AIRTELAFRI now needs two more gains for offers to begin flooding in.

Finally!!!

After 2 years.

Market now recovering with 2k to 226k!

229k!

AIRTELAFRI now needs two more gains for offers to begin flooding in.

Finally!!!

After 2 years.

Market now recovering with 2k to 226k!

Raider76:
Aradel on the move?

Yes.
The entire market too.
220k will hold.

KarlTom:
Without taking much away from what you wrote, you can do well to reply within the context of the OP wrt ZENITH...

Someone referring to November sell off as correction and you're taking him serious. Why not let him continue the discusion with gemini for some time first?

the announcement in February was that PFA can now invest in stocks? na wah!

megawealth01:
I understand. My fears for this market is may this not head to bears season because this FIT be warm up

Nigerians love their dividends, once Q3 numbers start dropping and people start making projections, they'll find the numbers attractive.

If macros took a hit, then I would fear a prolonged bear.

megawealth01:
Una go gree run?

Hope you are enjoying your sweet ride jare. It's better to enjoy than to see red get redder

average PE below 10 is what I consider healthy for this market. I think at 252k, we were already pushing above 12x.

At 220k, or maybe 200k, the multiples are back to single digits and we can safely have another 20-30% run within healthy valuation bounds.

Yes, I'm enjoying my car, but I'm enjoying my off grid system much more. cos I'm mostly indoors.

Market is now over 11% down fromits recent high. ASI at 224k yet lots of big caps stilll on full offers.
Interesting.
The more the pull back, the more room available for the next run.