jojothaiv: The first tweep said he's happy and sad at the same time, I want to know why though...
Aside from my rickety bicycle and trusted pair of legs which haven't failed me in a long time while covering long and short distance, I can't relate to the burn rate maybe immortalcrown have something to say on that.
He’s sad probably because he now realises that the subsidy cabals have been ripping us off for years without knowing and also regrets for been against subsidy removal
KarlTom: Actually, the fees are minor when compared to their agenda...
There’s no hidden agenda going in Chams just a figment of your imagination, It has risen from 0.30K to its current price. I know Folks who bought early that are still taking profits
vacanci: Pls what exactly is the total outstanding shares of C&I leasing. Some online reports is saying 2.9B, some 1.76B. Their last Q3 report EPS was based on 1.76B.
Anyone with updated report about this?
Shares outstanding: 1.29bn. The company went through restructuring in early 2024 and now yielding fantastic results
Bookhub: Why is the bias in condemnation of masturbation accrued to only males? Infact I think women masturbate more than men considering the fact that they even masturbate with technology, they have more masturbation machines than males, dildos, vibrators etc but men almost have none.
When men masturbate you will hear pastors, imams, native doctors all condemning it, calling it abomination but I have never heard them anywhere condemning female masturbation.
It seems women are seeing as saints in the society why the bias?
Go and focus on your education/career young man, take your mind off sexual issues they are not productive for you
HE El-rufai is a future presidential material and the APC would accord him that respect in due course, he doesn’t have to decamp to become president
My only advice to him is that he should not play politics of bitterness by openly opposing the ongoing reforms by his party but rather reach out to the president in confidentiality
Kanu can’t be controlled by anyone in the SE. Therefore, the problem is not so much with releasing him, the major issue is that how do you manage him afterwards?
However, I doubt PBAT would presently want to get involve in the politics surrounding Kanu’s case
This man is just looking for attention and pandering to the people’s sentiments. Osinbajo that was handpicked to be VP, he lacks political experience and not rugged enough to lead Nigeria
this is the event that happened IN Oando stock price and i am not using TA, but just following the news and rumours
if you follow the news, you would made *3 of your money
my prediction is that Oando share price will get dumped in 4-6 months, if no new acquisition happen
what made Oando pump is simply buy the news sell the rumor and it is all related to the agip deal.
When tinunu became president, share prices were at 4.9 naira
from march 2023- may 2024, insiders and banks were buying up shares.
then retail started pumping the price up
after the agip deal in august 2024, price pumped to 89 naira.
so it was literally a buy the news, sell the rumour event.
you do not need TA
I think you’re misunderstanding the concept on TA and the phrase you stated is Buy the Rumour and Sell the News. However, I agree with your analysis on Oando because the risk of buying at the current price outweighs the upside potential
Risks:
- Oil price may collapse due to weak Chinese economy and supply-surplus (drill baby drill...)
- Gas price set back (i.e. ceasefire in Ukraine)
- President Trump starting a trade war with Asia and Europe leading to a global market correction. Therefore, we should exercise caution in the coming weeks/months especially when buying companies trading in volatile commodities like Oando, Aradel, and Seplat
You can add your risk to the above, but the strategy is to get thinking and act accordingly
Nevertheless, I think NSX will weather the storm compared to previous global market falls due to the dominance of local investors, devaluation, and other local factors
ghm: Abeg, if you live in UK, talk, type, converse like people in UK, derogatory words should be scarce in your writings, which one be dummies, riff raffs etc. UK people are generally police and civil.
😜😂 Rodger is based in Peckham now, derogatory words are normal street slang for SE London. Init mate?
NSEstudent: They were not allowed to increase tariff in the presence of the unrelenting inflation and naira depreciation. It's impossible not to make losses since they use services of firms and plants that charge in dollars. I saw they have been allowed recently. So, supposedly, they will increase prices of their services and begin breaking even.
Fair enough but other companies in the same sector in Nigeria are reporting growth and profit. I’m also wary of the huge debts. I think they may be diverting some of the Nigerian funds into other countries.
I just don’t trust most South African companies operating in Nigeria. They see us as their cash cows
I have said it on several occasions that I am allocating a decent sum towards MTN, Airtel Africa and Nestle /NB
I have "patient capital" so I can wait it out These companies I argue, are about to unshackle themselves from the huge forex losses that ate into their net assets, as well as huge finance cost incurred (esp NB)
Q4 2025 into Q1 2026...... We feast!!!!!
Well done bro for agreeing to quit the ramblings. I’m with you in Airtel and NB already. I don’t trust the management of MTN in Nigeria due to many factors and past events involving government fines
Additionally, the last poor result as a result of FX losses may have been exaggerated because the company seems to be making huge profits in other developing countries similar to ours.
I also don’t understand why Nestle is declaring huge losses when Unilever and co in the same sector are doing well
RodgersAkpafu: Please ignore my posts So as not to sound further silly. You obviously have zero understanding of fiscal or Monetary policy issues. so stick to what you have adequate knowledge of, if you have any....
Please just read, and resist the urge to respond
Imagine Someone claiming Forex has doubled when there is record foreign debt, no more FX defense obligation, and the exchange rate in the toilet 🤔
This is the calibre of people we are engaging here Rubbish
Alright Rodger - Mr knowitall, our nairaland guru. Let’s move on bro, give us stock recommendations for the new year?
RodgersAkpafu: Read the last paragraph bolded..... That's what sums up your entire post
BTW Calling a dummy a dummy is not an insult to a dummy, you are only calling a dummy what he or she is , which is a dummy
Unrelated to the post, but just said I should post that
My last paragraph stated that I may be wrong, you edited it to I’m wrong. You are obviously looking to engage in a roforofo discussion - I know your type and would ignore you going forward!
RodgersAkpafu: You can tell these to the undiscerning and agbado miscreants Those of us who are "in the know " know that the idi@t in aso rock is a collosal failure……. Continue hailing incompetence and foolishness because of tribal affiliations you hear?
rubbish and nonsense 🙄
Firstly, learn to criticize constructively and table your points/opinions without abuse in the future because most of the regular contributors on this forum are well informed and above pettiness.
Calling them senseless and other unpleasant names is a disservice to the selfless services they have rendered on this platform over the years
Secondly, most of your proposals have been tried and tested in the past without much success. Logically, the current administration has decided to depart from the old populist subsidy policies by pressing the reset button - ‘scatter everywhere first’.
Most of us believe it’s a necessary evil and a step in the right direction. Some progress has been recorded depending on sectors. For example in Education, students from poor families are now accessing interest free loans for the first time
Thirdly, we need some time to judge if the new policies are working and can fine tuned accordingly. However, I agree with you that the cost of governance is still high and should be reduced going forward
Lastly, I believe BAT a former MD of Mobil, former senator and governor understands our terrain better than previous presidents. He knows going after the ‘cabals’ is an exercise in futility, dude probably benefited from the lapses in the subsidy regime in the past
PBAT is definitely not playing politics with these policies because he knows they are unpopular and may not get him reelected in 2027. Therefore, someone else may end up taking the credit for his sacrifice
Harvestock01: For 2025, my investment focus will be on listed companies that are currently undergoing or recently completed a restructuring (debt, business, acquisition, merger etc).
Please if you are aware of companies that qualify as such, kindly point them out and dd is on me.
Merry Christmas 🤶
Nigerian Breweries did a rights issue to pay off both local and foreign currency denominated debts. It was 91.7% subscribed
The company is now debt free and should return back to profitability. I believe the price will rise gradually as we approach Q1 2025
Disclaimer: I hold about 5 Afolabi units, kindly do your DD
HesInMe: C'mon. If you believe the current policies are the right ones, you have to be able to tell us: 1) when they will work, 2) how they will work, and 3) how we will know that they're working, i.e., what objective evidence we should look out for to track progress.
Just saying trust Tinubu, or blaming the other guy, or trying to whip up ethnic division is so unsatisfactory when there is grinding hunger across the land. Defend the policies on the substance.
I would like to give you a comprehensive reply but I don’t want to derail this thread by going off topic
Nevertheless, no one can honestly give a timeframe because Nigeria’s main revenue is from a volatile commodity
Therefore, there are no shortcut solutions anywhere - we did not arrive at this economic crisis overnight and won’t get out of the situation overnight
megawealth01: Tong Elumelu all white party with David, Wizkid and others last night voom UBA got positive but the other guy own no even move Oando up. God dey sha
mikeapollo: When I say this Tinubu is clueless, incompetent, useless and a complete failure, sometimes you say I should not say that because he is the president. The man is of no use to the masses in the position he is occupying. A total waste of space!
Tell us what the government should do differently? After all the years of Oil/Forex subsidies didn’t translate to nationwide developments but huge debts and massive corruption
Venezuela and Norway are classic examples of two rich resource countries that you should go and research before you condemn the current government policies
Tax Reforms are desperately needed because there’s no ‘Representation without Taxation’. I wonder why previous administrations didn’t implement this policy especially our PHD holder Goodluck Jonathan that squandered the funds in the excess crude account and many other opportunities
President Trump may provide the fundamental catalyst for this to happen.
Trump would be sworn in on Monday 20th January 2025. If he starts the trade war he promised with Europe and Asia, markets would react negatively and could lead to contagion effects in global markets. Therefore, I would not completely rule out this technical analysis warning
DoWhatThouWilt: A user on X posted a video where our fellow Nigerian black paddy said in an interview that "White people are going extinct over here and we are taking over".
What a foolish and senseless statement to make bearing in mind the anti-immigrant ideology that is springing up in the heart of far right circles of western and european countries.
His foolish statement may likely affect other Nigerians that mind their business and live a quiet life.
Nigerians are just cursed and this curse has a way of manifesting itself both home and abroad. Improve your home, you can't. Live quiet in another man's home, you can't. CURSED!
If you have relatives wey don japa, call them and tell them to be very mindful and careful of the statements they make whether in private or public because the far right circles of these countries are spreading the GREAT REPLACEMENT THEORY to their citizens, a theory that claims that multiculturalism, immigration, and declining birth rates among certain populations (typically white Europeans) are part of a deliberate effort to replace them with people from other racial or ethnic groups, effectively leading to their extinction.
This idiot comedian has given them the proof they need to make their baseless theory believable. 😡
He thoroughly deserved the beating then for bragging about taking over another man’s territory
Typical ipob behaviour, they go around inciting others and then claim victimisation when the other parties reacts
mikeapollo: Holding parties to celebrate and paying artistes with shareholders money when the shareholders have not been paid a dime as dividend for a decade, and are dying of hunger? A company ridden with huge debts and struggling to stay afloat?
Such parties should be held when the company is experiencing good tidings and shareholders and key stakeholders have been taken care of and are happy.
Well stated, a company deeply rooted in debt like Oando has no business throwing a lavish end of the year party.
What I found concerning is that the shareholders approved such reckless spending and the behaviour is also being defended by some members of this forum
It seems that the average Nigerian adopts an hypocritical approach to everything, hence they can’t see anything wrong with their favourite stock 😔