₦airaland Forum

chimex38:
Good question. same thing I always ask myself.
Always Missing in Action

megawealth01:
Meristem Customer Service just gave me this response...

"Kindly be informed that the stock market opens from 10: 00 am and closes by 2:20pm Mondays to Fridays"

megawealth01:
No longer 2.20pm?

toyeoye:
Not quite close at the time of posting the update sir.

toyeoye:
ARADEL has somehow leaped into top 5

megawealth01:
Nigeria Cocoa Exports Jumps By 300% From ₦‎161.8 Billion To ₦‎644 Billion 

https://www.businessamlive.com/nigerias-6bn-cocoa-potential-drives-demand-for-serious-productivity-investments/

megawealth01:
Do you have a price projection in the long term for uba?

Streetinvestor2:
The guys in palm oil business na kill by yr end oh.I bought 1.5 litters of palm oil at #4500 yesterday for the quantity needed.The thing shock me though the vendor says it is of very high quality and not mixed

robobo:
u sabi, plus another advantage is it help prevent the Ote$ effect/threat (hostile takeover)

this is an example of situation where our (retail investor/minority) interest (better pricing) aligns with that of mover/shakers.

Mpeace:
I pray Elumelu considers taking more shares like 70-85% stake in his listed companies. It will help him(and help us too)

Raider76:
Who will buy @28 when the RI is @25, a more than 10% difference? The extension of the RI period to 30th December may also be discouraging people.

owolabi5:
TRANSCORP MAY BE NEXT!

That dude is grossly undervalued relative to its subsidiaries.

#TONY INDEX

#BILLIONAIRES INDEX

parisbookaddict:
i think those FPI will see the naira gains on the dollar as an incentive to stay put on the market. my fear was that a continuing depreciating naira would discourage foreign participation, especially after a trump win. Does anyone else have thoughts on this?

Omooloriredade:
When it comes to regulatory disclosures and investor relations, Seplat has such a high standard that it may be almost impossible for Oando to match.

Oh boy! See detailed presentation na. A lot of work sifting through the web, results to find corresponding data on Oando.

mikeapollo:
I am not impressed with the 50% increase in output as announced by Oando.
Before the acquisition, Oando, ENI and NNPC were in a JV with ratio 20: 20: 60 respectively
After Oando acquired ENI, their share in the new JV is now 40%, which should automatically translate to an increase in output of 100% or thereabout.
So why are they only achieving a 50% increase 3 months after the acquisition? Are they unable to fully exploit and produce from the fields?
Oando should be reporting at least 80% increase in output by now, otherwise something more fundamental may be wrong e.g. inability to acquire rigs and other equipment to produce crude oil as much as possible.

Experts in the oil and gas sector can educate me on this if I am mistaken.

mails4funshi:

https://www.youtube.com/watch?v=mPmz4uaeJdo

crownprince2017:
In anything you do don't let analysis paralysis about Nigeria economy send you away from the stock market, history will be rewritten.
2025-2026 will be massive.
Few words is enough for the wise.

Sunrisepebble:
In the long run the dollar will always appreciate against the Naira. It is just economic fact.
Dollar forever remains dollar, i've never seen anyone regret buying dollar. Unless you are buying for trading purposes, like those looking to make gains on the trade earlier in the year when Naira fought back a little and later depreciated again

megawealth01:
The day dollar will fall eh. I just hope people buying dollars to hoard won't regret it sha?

megawealth01:
Anyone following stockbrokers recommendations is like someone following Wale and taking all his words to heart

GeeKudi:
Sure! If there is no significant pullback by analogue investors and profit takers, it should cross 100 by early next week. Thereafter, we will see how far people can stretch the largesse. May 2025 is too far for people like me. Will only leave few units for the Chinese.

megawealth01:
Oando wey go still cross #100

Make Wale finish wetin him and JAGABAN dey cook first

Streetinvestor2:
They will pay me personally nothing less than #150.That is what I have used to calculate my afolabi units..lol.This is by faith.Make dey no try 10WHT on it too

ghm:
You are right but if we think out of the box, it may occur to us that it is not the same with everybody, situations may differ.
E.g. someone I know:
1. Brought in $10K into the country
2. Changed it at N1,500 to $1, that's N15m.
3. bought 50,000,000 units of Veritascap at N0.30K around 1/11/2023
4. Sold at N1.30 on 11/7/2024 for guess how much - N65m
5. Change 65M back to USD at 1700 that's a whopping $38K - over 20K on top of 10K.

This is real, not an hypothetical story.

It is not recommended for anyone, DYOR, you are the CEO of your portfolio..

chimex38:
you don join the Ding crew

megawealth01:
Top 10 Banks In Nigeria By Shareholder Funds In Q3 2024
https://nairametrics.com/2024/11/30/top-10-banks-in-nigeria-by-shareholder-funds-for-q3-2024/

megawealth01:
https://businessday.ng/news/article/nigerias-cardoso-signals-rate-cuts-next-year-as-inflation-cools/

Nigeria’s Cardoso Signals Rate Cuts Next Year as Inflation Cools

BabsO2:
We are waiting for the bullion van at FBNH at market open. What’s holding it back. Abeg make the major buyer resume