sterlingD:
........and Unilever
https://doclib.ngxgroup.com/Financial_NewsDocs/40126_UNILEVER_NIGERIA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

stcool:


So till now, you still thnk we are the same persons

I no dey take the kind risk wey MEGA dey take na...I get family to think of when investing o!

emmanuelewumi:


It is good and sweet to make money in a bull market, it better and sweeter when one is also making money when the bull is over, it sweetest and it is the best to make money in a bear market and also having the resources to buy more shares in a bear market.

stcool:


Sorry are you the Moniker waiting with him on the sideline for retrace?

stcool:


Zenith N20 this year NEVER!!!

We are even expecting more FX gain in Q1 2024

You never even see Access for N20 na Zenith

stcool:


Stop it, as it can't happen...I am willing to bet

Locotrader:
Champion officially on full bid at 4.24.


Some people are selling their own pick but we give ours for free

GracefulLau:

Please keep it to yourself. we don't want to know since you are not ready to share.

ositadima1:


BUA Cement will make us proud, with over 96% of the outstanding shares owned by BUA and Abdul Samad Rabiu. Over 3% is owned by institutional investors (500,001 to 1,000,000 units each), and the remaining 1% own less than 500,000 units each. Hopefully the stock will perform very well. I am aiming for a 100% ooo.

sky2891:
We in OANDO bus seems left out from all these serious bullish market.
Na so we go dey?

emmanuelewumi:


He is an investor and also a business, that is a powerful combination.

Some of us hear are good at technical analysis and fundamental analysis, ability to combine it with the understanding of the business behind the stock is the Koko.

Otedola might have gotten privilege information concerning the enormous business opportunities for stocks in that sector.


Hold on to your stocks in the cement sector for the long term

femu:


Is Otedola not afraid of the Bear.

stcool:


Yes o Oga... cos e go pain me if Alhaji announce the Merger and bus drive leave me...only to be bidding 10% daily

emmanuelewumi:



Are you ready to wait for another 2 months?

yMcy56:
SEPLAT @2,541.......Up with +231!!
Moved with N266.8M only

emmanuelewumi:



Referring to 2006. Afroil is the name

ositadima1:


The market has repriced most stocks; a new era has been ushered in. The days of Zenith at 25 are gone, so too for most other stocks, unless the government commits massive errors or something messed up happens globally.

ositadima1:


In OGGs voice, you need to upgrade your techniques.

But seriously, what has happened and is currently happening in the market can be explained by macroeconomics, not just by looking at volumes of charts. I see two key factors: the massive waves of inflation and the positive sentiment surrounding the current administration.

Inflation has repriced most businesses. You may not understand this if you are a civil servant or salary earner. For example, if you used to buy your inventory at 10 naira but now buy at 17 naira, you should also increase retail prices to absorb the increased costs, including higher living expenses. Hence, I expect increased revenue going forward. Savvy investors understand this dynamic, which is reflected in current prices.

Secondly, with the new administration and upcoming refineries, the Nigerian economy looks promising.

I added a small chart showing overall performance on the NGX from May 2020 to yesterday. It indicates the number of stocks moving at least 10% up or down each month, along with total value traded.

Regarding total values, some may argue it represents money leaving the market, while others say it is new money entering. I would say it depends on the ratio of gainers to losers in that period. Let's discuss this point.

Since 2023-05, about 1.62 trillion naira (1.35 billion USD at 1200 exchange rate) entered the market in just 9 months. Do you think this much money is manipulation that can easily be extracted?

emmanuelewumi:



So global melt down made a stock that could not afford its rent of about 500k at Ajao Estate, did not pay dividends for ages to move from 50k to N10 and became a N2 billion company on the stock exchange.

It got to a stage when insiders were making more money trading their dead stocks than running the company

emmanuelewumi:



Not when holy spirit told you to sell and buy a property, buy dollar or reinvest in your business.


Then the maximum gain or loss was 5% per not now that it is 10% per day.

emmanuelewumi:



I still expect more upside, but cautious optimism is needed especially when the Math does not make sense.

Euphoria can drive a stock from N10 to N100 within a year, it is the fundamentals that will maintain the price and probably make it a N200 stock in 5 years time.

Princkez:
This is how he will acquire DANFOODS when it comes on board...

chibaby1985:
Otedola Acquires ₦6Billion Dangote Cement Shares

https://www.premiumtimesng.com/news/headlines/660274-otedola-acquires-n6-billion-worth-of-dangote-cement-shares.html

Locotrader:


If champion do #12 from 3.85 it's selling today and NB do #70 from #37 we are seeing it now, which of them did better?

This is where I am beating most of you in this market.Japaul, Multiverse, Tip all gave me more than 300% while some of you fundamental guys are struggling to make 100%.

emmanuelewumi:




If you are in stocks that are still appropriately priced with potential to grow, you can keep or hold.


I have seen a N30 million portfolio in 2006 turned to N2.5 million in 2008.

Na the depression and stress kill the man.

stcool:


Battle of the Forbes....Na Trillion Naira Market Cap Club dey reign now

emmanuelewumi:
If you have gotten unmerited favour courtesy of the stock market in the last 12 months, it is good to channel some of the windfall into assets and investments that can give predictable income

megawealth01:
The death of veteran Igbo high-life singer Prince Emeka Morocco Maduka has been confirmed.

According to local media reports, the singer passed away on Thursday afternoon, October 29, 2020. He was aged 76.

Prince Morocco’s death has also been confirmed by the chairman of the Performing Musicians Association of Nigeria (Anambra Chapter), Ikeme Mazeli.

Mazeli announced the passing of the legendary singer in a statement that reads:

”With a heavy heart of sorrow…We, the entire Anambra state PMAN announce the exit of a music Legend, Dr Prince Morroco Maduka…..Ozonweluibe. He passed on this afternoon (Thursday, October 29th, 2020). All other arrangements as regards his planting to mother earth will be communicated to all of us later.”

The news of Prince Morocco’s death comes after a few months he celebrated his 60 years anniversary as a musician. One of Prince Morocco’s most famous songs is ‘Ochuba Aku’ which is currently one of the most played highlife songs in Igboland.


https://ebeanonews..com/2020/10/prince-emeka-morocco-maduka-is-dead.html?m=1

chibaby1985:
The current crisis bedeviling Nigeria in the #EndSars PROTEST is still not going to end any moment soon... The youths have taken to the streets to demand for good governance amongst other requests...

The Nigerian Government is attempting the use of violence to instil fear in the peaceful protesters...

Just this morning there was a face off between the peaceful protesters and Government's security agents...

Watch the video below:



https://ebeanonews..com/2020/10/peaceful-protesters-battles-governments.html?m=1