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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:24pm On Feb 25

Ellah Lakes Gained 3.84% today to close at N10.80

About a billion Naira of wealth exchanged hands. Those wanting to dump will pause shocked

While some may be tempted to buy back and reclaim their vacated positions shocked

1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 3:59pm On Feb 25*

Why did foreign portfolio investors increase their stake in Nigerian Stocks in 2025. Are they continuing into 2026 or will take profit and amplify their profit in 2026 with a lower exchange rate especially if it really gets to like a 1000

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:08pm On Feb 25

Transcorp. Complete the words smithing and let us have the Audited results.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:59pm On Feb 25

yMcy56:
I was waiting for those bashing Ellah to come and announce it's reversal here.....but no single post on it yet...
Una try.....🤔
All offers @9.40 (-10%) cleared long before now....
Presently finds bearing and trading @N10..
With bids now available .....alongside offers

* We go all dey alright las las.

There are more bids than offers right now.

It will be good if Ellah gets into an arrangement/agreement with the seller to merge with Ellah.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:25pm On Feb 25

EDUECO:
Heavy supply of ACCESSCORP stocks by market maker at their acceptable price range.

Why should they be giving valuable shares. This doesn't add up. Except there is pressing challenges (or distress). Perhaps a major holding(s) has to be distributed for liquid cash and has nothing to do with management or distress or valuation considerations.

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:15pm On Feb 25

EDUECO:
I'm quite sure ACCESSCORP's management is supressing the price movement so that the dividend yield would seem big and/or they are still buying.

This doesn't sound nice, saying ACCESSCORP's management is suppressing its price. Most likely some shareholders with huge holdings (whales in loco language) are bent on exiting their positions. Perhaps foreign or local whales. We should be asking ourselves why are they leaving? Like the ones that left ARADEL that caused the price to be depressed post listing. We should try and understanding why they are leaving and to where.

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:50am On Feb 24*

…..

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:36am On Feb 23

nosa2:
I plan to buy a lot of Ellah lakes but not yet. Dust needs to settle on the stock and reality needs to set in for the general market.

It will take a long time for the company to become profitable so I am very very patient

I may buy greedily below N3 should it fall that low grin

Or higher if new goooooood content creations are released, like profits finally in view.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:06am On Feb 23

mikeapollo:
This could be a huge opportunity for young investors who have some solid patient funds.
Just buy Ellah at its lowest price POSSIBLE (e.g. N0.5 - N1) then wait for the company to turn around in a couple of years.

That price range looks too low. It sat on N3 for long time. Will be interesting to see the new support. Will buy greedily should it get that low grin

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:53am On Feb 23

emmanuelewumi:
Be greedy when others are fearful.

So buy Ellah greedily now when others are fearful grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:19am On Feb 23

talk2me2:
Zichis on suspension

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:48am On Feb 23

Interesting. You say all Share index to gain between 0.74 and 0.85% today Monday 23rd. In about 6hrs we'll see the stocks making up the gain shocked

TargetT:
WHAT WILL THE ALLSHARE INDEX DO TODAY

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:37am On Feb 23

These are deep research questions. grin

crownprince2017:
Before the sales, how much does transcorp pay as dividend n how much do they pay after sales.

Ok, since dividend is not the goal, how has it impacted transcorp share price after sales. May be tomorrow ooo but today nothing show just like groundnuts locked up inside bottles, chicken can never taste it.

I will like to know how the minority shareholder have benefitted from that decision.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:51pm On Feb 22

crownprince2017:
I wanted to ask him, how many units of transcorp do you have since you believed ngx investors reward dividend paying companies n you believed otherwise.

You work for the growth the majority owner will later corner, case study tony removing power from transcorp group did it benefits the shareholders of transcorp.

This place na naija, no be oyinbo land oooo where there is working rules.

Yes it did. Book value (money to deploy to other subsidiaries) went up for selling a portion of power. Enjoys and distributes power dividends.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:37pm On Feb 22

NSEstudent:
Less than 10NGN? That's wild.

About 20 years old. Best investment.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:38pm On Feb 22

Good to hear the Chinese will not take WAPCO private

Sunrisepebble:
They are not taking it private

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:33pm On Feb 22

Sunrisepebble:
I’m not a trader. I’m a tradinvestor
I think I should add to Transcorp too to be honest. The valuation is still ok at current price, but I bought quite a lot between 44-47 already

Started buying TRANSCORP from the N7.5 PO and later averaged down to about N1 before reconstruction. Decided to stop the bad habit of not averaging up based on prospects. As I missed averaging up on PRESCO that my cost remain about N8.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:27pm On Feb 22

Sunrisepebble:
The only stock/stocks I can buy at current price without seeing their results is Zenith

I added more Transcorp last week with results expected this new week. I don’t trade much for now. So styles are different.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:46pm On Feb 21

Byankee:
Major dividends announcements to start from next week.....MTN, Dangote cement, Seplat etc

Sweet week ahead

Transcorp BM is Monday. Dividend announcement should be out next week.

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:08am On Feb 21

megawealth01:
So it's a GAME

A game in which every stock will return to base as you said earlier. Some will return to base within a year, some within a decade and some within a century. That’s reality. The best money made is in dividends in between. Makes dividends valuation model a lovely model when buying when front seats already taken.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:55am On Feb 21

I mentioned when I sold Ellah to recover original investment while leaving more than half. Sold because the N250b acquisition looked too big for Ellah. The best way forward is for Ellah to set up an arrangement with the sellers to buy only a small portion like 5% or 10% and start building operating experience and start demonstrating responsible accounting. Do that for a year or two and buy more later. That’s if the seller is okay for such arrangement. Will be interesting to see the next moves.

It’s always good to have a front seat when one is speculatively investing. In fact in every investment it’s good to know your risk exposure.

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:24am On Feb 20

awesomeJ:
Based on yesterday's notifications, the multiple X-ALERT Issue seems resolved.
Anyone who got multiple notifications from yesterday's trading should please mention.
Please note that a bid for 1000 units at 2300.00 for instance, which got filled as 500 units at 2300.00 twice doesn't count as multiple notifications.
Or 200 units 5 times, .

Yesterday’s trade X-ALERT were not duplicated. But came about 4:30pm. Loading more Transcorp grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 7:42am On Feb 18

EDUECO:
I meant insiders are buying and not selling.

ACCESSCORP is the biggest Nigerian bank; and it is a pan-african international bank like UBA.

If insiders are picking up more we’ll see some traces in the annual reports. I suspect it’s some fat funds exiting. When they finish it may go up according to how good their results and dividends are.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 4:22pm On Feb 17

EDUECO:
Both UBA and ACCESSCORP were around ₦29 in January 2024.

ACCESSCORP is supposed to be around ₦59 if not that insiders are hindering the price appreciation.

It is not a good sign if insiders are selling. Perhaps a large fund is bent on exiting. Or perhaps some in the know of bad acquisitions and impending impairments is exiting.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:34pm On Feb 16

awesomeJ:
X-ALERT bug seems even crazier today. I've probably gotten 2k alerts just for today.

They seem to be sending each alert 6 different times.

I observed it for Oando purchase last Friday. Didn’t bother counting number of messy repetitions. They were just too many. Checked CSCS today and confirmed what was ordered was what was bought.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:26am On Feb 16

mikeapollo:
I think rhey will also raise capital through long term debt e. g. debentures denominated in foreign currency.
My concern is what happens to the remainder shares for redistribution and how they will redistribute, if at all

What will the qualification date be for the any other redistribution apart from the second one of last year that is still pending credit into CSCS? Further redistribution apart from this two is unlikely. Like I said previously better they sell them as rights to those interested and use it to ease financial stress.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:51pm On Feb 05*

pluto09:
If crude oil were to be by reserve, Venezuela would be the richest country in the world

Yeah oil companies will consider it because of the poverty, to gift them money grin

For me I will track quarterly how this metric NAV/Share changes along with Share prices of those 3 companies.

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 4:31pm On Feb 05

Those invested in Oando gather here.
I have the following NAV valuation based on reserves computed as follows
Company NAV per Share
Oando N429
Seplat N 8,980
Aradel N997

Oando is at a deep discount based on reasons already discussed upandan here. Most especially will its turnaround succeed in view of its debt over load. This NAV of N429 is the value those lending money to Oando see and are taking a good cut of. And the market has discounted it to current price of N39 to reflect its high risk turnaround profile.

As low margin revenues from trading goes down, will management succeed in transforming Oando into
👉 A leaner upstream-focused energy company
👉 With stronger balance sheet
👉 With sustainable free cash flow
👉 With higher reserve monetisation efficiency
And work towards its NAV based on reserves?

4 Likes 2 Shares

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 4:36pm On Feb 04

Make CBN do quick approve and start releasing results this month.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:14pm On Feb 03

toyeoye:
Sorry for the inconvenience, I see the current price action from my side but will ask a few others if they also have this issue.
Thanks again.

Displays excellently in landscape view on my 10 inch tablet. Can see same picture you shared. But in portrait orientation the view is incomplete. Cannot see somethings like what you use to switch to table cannot be seen in portrait view. Just hidden. But change to landscape it appears.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:43am On Feb 03*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:57am On Feb 03

yMcy56:
Street, are you minding them and their biased analysis......
Some are strictly wishing that OANDO should go down more in price so they can load very cheaply
Don't think they don't have interest in the stock o
By the time the debt issue is structured we'll hear/read another stories from them.

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