₦airaland Forum

essentialone:
Prestige EPS should be 18 kobo
Veritas EPS should be 20 kobo

Is Prestige a good buy at this point?

Ades1:
Start with whatever you have, 4-6 years from now you'll be amazed how far you have come. I am speaking from experience, these numbers were crazy to me too 5 years ago, but small small we don dey represent.

Thanks bro. Thinking of putting in 400k monthly though. Hopefully it’s a good start.

designking:
My goal is to have 1,000,000 units of Access Bank Shares... I usually buy this stock every time I have free cash.

Currently have 400,000 units, hopefully I can make it 700,000 before the year runs out.

Today I was able to buy 25,000 units as ₦23 which was a fair price begin the future prospects of Access Corp

You guyz are rich down here.. Dammnnn

Abeg me self wan make 500m.

Can everyone quote this with their top 5 for the next 1 year.

It might help some of us know which to also go for.

I go first.

1. Aradel
2. Access
3. GTB
4. Transcorp
5. Japaul.

Thinking of replacing Japaul with Unilever


Don’t Air me guyz, I know say una be big boys. Let others join your league

Penboy:
If you're in Nigeria, you may want to avoid that platform.

Why? I have been using them for years now.

GeeKudi:
Result couldn't help, Interim Dividend couldn't help, unless there is a major big news to drive sentiment in favour of the stock, the real fall of Aradel still dey do press up.

I thank God that the person I wanted to swap my Ajo (Contribution date with, to buy when they entered the market refused to answer me.

I for don buy at the top with the Hype that was on this platform.

KarlTom:
ARADEL now officially 415...

We all said we gonna buy anything below 500.. Now everyone Dey fear 🤣😀.

When should we genuinely buy in?

TechCapon:
I really had a good laugh with this comment

To think that I was all bucksed up and was using a 65” Samsung TV when I made that comment.

We thank God for everything Sha

Hello Guyz, I got a mail that I now have a CSCS No, CHN and Member Code.

But Morgan Capital are yet to send me link to their app or how do I go about trading or investing

Aradel on 562. This stuff might get to 450 naira with the look of things before and upward movement

vefexam:
Why dont you just simply open a traditional brokerage account....I open one with Morgan Capital and investment one last two weeks

Can this be done from outside Naija?

Modified: I have sent them a mail

KarlTom:
ARADEL and OandO are awaiting results.

Ferrari + AMG speed will be a child's play after release...

Every mallam to his kettle

When is the result expected to be out?

designking:
Stocks bought through Bamboo App doesn't seem to receive dividends.

I am yet to receive any dividend from the stocks I bought through Bamboo App.

Kindly let me know as soon as you sort it out. I intend to use Bamboo for my Naija stocks as well.

mikeapollo:
The key is to sell Oando at a right time and make huge profits and still keep some reasonable remnant units there in case of potential future benefits e.g. bonus, price gain etc.

I have decided to invest in both Aradel and Oando.

As the argument don too much.

Is it wise investing in Oando at its current price. There’s been crazy movements in d last few years.

We all agreed that between 590-630 is a good price to enter ARADEL.

Even though 500 would have been better

Trojan8:
The stock witnessed the bull run of 2023 and didn't move an inch largely because of the court case that it was engaging with minorities shareholders. And to be fair it's largely undervalued. So when the court case was final resolved, we saw a year plus of market expectations priced into a few weeks.

Wow, so you believe it’s undervalued at its current price, despite the number of outstanding shares?

Although I am positive it’s gonna keep growing for the next 8yrs.

Trojan8:
Yeah, those there are some oil fields that came with the acquisition but can't really project how much crude oil would be coming from those especially for some that are still at exploration stage.

As regards, repaying debt I believe it lies in how they are able to improve on margins. In the last 5 years, it was only in 2019 that Oando was able to generate gross profit margin of above double figures (12.6% to be exact) . What this means is that cost of goods sold takes at least 90% of revenue in each financial year, you haven't factored in other costs. Now when you move downwards to net profit margin, they had negative margins in three of the last five years and the highest positive margin was around 4.1% in FY'21 while the highest negative was ironically in FY'19 at -35.6%. If you compare this with Seplat for example, they've always maintained GP margin of around 40% with net profit margin around 11-20%.

So I believe if they are able to be cost effective in the short term, then they should be able to clear up those debts in the mid term.

Since Oando has all of these challenges, why has the stock been rising sporadically since last year?

yMcy56:
I personally thinks that the listing price of ARADEL was a bit high....
The stock went up on NASDAQ due to some perceived media bloating somehow.
From around N4k it went all the way up to around N10k, and this was used as a basis for listing by introduction.......looks high somehow, considering the 20x split self.

We can't compare ARADEL to SEPLAT!
- SEPLAT has barely over 500M OS while ARADEL has 4Bn+ OS.

Wow 4bn+ is a lot.

Sunrisepebble:
I did my own valuation and got around 9-10k without consideration of the SPDC deal. This was back on NASD. Cardinal Stone see it as N1,200 (5trn market cap) which I feel is not accurate, the premium is too high compared to Seplat which is producing almost 3 or 4 times more

Wow, so you feel it might get to Seplat level in the nearest future ?

Mpeace:
I think they are moving to oando. Oando now 83

Wow. Oando movement has been crazy ..

yMcy56:
ARADEL as at now......
Attached.....
Plenty profit takers..,..
Seems many bought it on NASD...

Most likely would have some pullback

yMcy56:
On top wetin everyone dey talk here?
Read and make decision nah.

Been reading ohhh, the thing later turn argument.

If you have 2m, which of them are you gonna invest in?

I thank God sey I never buy BUA Cement.

That was what I wanted to go for, I came here to check opinions and noticed that the Oil and Gas +Banks are the main thing

Omo mehnn, so far there has been no direct answer.. Invest in ARADEL or OANDO 🤣

Utalinmou:
Use I-invest

Thanks bro, would check them out.

Mpeace:
Those founding members rushed to sell their units at the high, as soon as it was listed. Even with the very low free float, transpower is still on red since those guys are not done selling.
Some of these stocks need less availability to move in price. Scarcity is key.

So technically, we should still hold our money and observe ARADEL?

What platform does those outside the country use?

ARADEL is not on Bamboo yet.

Meanwhile Trove refused to pass my KYC

KarlTom:
Welcome ARADEL

Is ARADEL now available on the NGX?

Modified: Yes I have read it, what do you guyz think?

Better to buy now or wait for a little while and see if it dips, then buy later

Please I am much more confused. Is Aradel a buy?

Which of the companies can a long term investor, invest 2million in and a steady 100k monthly?

Just registered with NASD as well, not sure how to navigate it.

Please the senior guyz here, don’t Air me

Guyz what do you think about $SOUN and $JOBY.


I need long term investment stocks that are guaranteed to succeed in the nearest future.

I am currently invested in small amounts.

I don’t think I am good with swing trade as I am always super busy, I might miss out on sale signal

Does anyone know why BUA Cement is not performing well.

Please what stocks can I invest in long term not swing. Don’t know if I can be able to monitor regularly.

Thinking of putting in 1m and increase to 2m

My Uncle a retired Colonel and architect built most of the barracks in the 70’s and early 80’s.. He died at 90 last year

Hello, does anyone know if Ikeja TLS would open today?