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Chimex38's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:02am On Oct 02
Raider76:
Another Telecom Company Secures Licence to Operate, Set To Rival MTN, Airtel, Glo for Subscribers

https://www.legit.ng/business-economy/technology/1733780-mtn-airtel-glo-rival-telecommunications-secures-license-operate-nationwide/
-What happened to Mafab and their surprise 5G BId that they won?
-What happened to Etisalat since peak of early 2010s.
Re-branded to 9-mobile, yet nothing?

-Even Econet,that changed ownership several times to Vmobile, Celtel, Zain found it difficult to operate before Airtel came on board. Dem dey try sha.

-Even Glo isn't competing or expanding anymore just focused on maintaining status quo. They can't can again grin

- Our unique internet and data specific brethren, Spectranet and co have seen MTN again come into their space again to dominate their long existing market.

- when I thought Using Ngx to source capital l, show visibility, enhance transparency to investors and cement brand identity to compete favourably or even ahead of their peers;
LEGEND INTERNET is no where to be found in all ramifications I mentioned above.


Somehow, Telecom network infrastructure and maintainance is not for the faint hearted in Nigeria.

I give MTN kudos despite their extortion and network misbehaviour sometimes.

I wish the new entrant a very Good -Luck with abundance of divine Grace in their favour in challenging areas in this country.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 7:46am On Oct 02
londonerr:
Good. He failed in South Africa.
Succeeded in Senegal
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:28pm On Oct 01
vacanci:
I participated in the rights issue. Got my allotment and I have sold them months ago.

What do you mean by those shares will only become tradable from September 30th. Something that I have cleaned my mouth since?

Even the public offer, many people have sold off. I suppose people were the ones that bought from them. Does that not mean trade? Since sellers have been doing their thing and buyers have equality been responding, I guess those shares have become tradable right from the day they were allotted.

I don't understand the ceremony going on
Your question is a Valid concern. Here is the clarification:

The September 30, 2026 announcement is not about giving out new shares; it is the official regulatory closing ceremony that legally updates the market's master ledger.

Here is why the NGX makes this announcement and why it matters to the market, even if you or others have already traded those units:

1. The Legal "Final Audit" and Share Capital Update
When a company does a hybrid offer, shares are credited conditionally to CSCS accounts so investors aren't locked out of trading. However, the corporate registry and the exchange's official daily list cannot change their master numbers until every kobo is cleared, vetted, and approved by the Securities and Exchange Commission (SEC).
• This announcement marks the moment the NGX officially changes the company’s total outstanding shares from 889.9 million to exactly 2.0 billion in the official system database.

2. Updating Market Capitalization Metrics
Before this official listing announcement, investment apps, Bloomberg terminals, and the NGX website calculated The Initiates Plc's Market Capitalization using the old share count (889.9 million).

• The Impact: Overnight, the official market value of the company mathematically doubled because the system now multiplies the current stock price by 2.0 billion shares instead of the old figure.

3. Institutional Trailing and Index Tracking
Mutual funds, pension fund administrators (PFAs), and foreign investors are strictly bound by law to only invest based on officially listed capital.
• If a PFA wanted to buy a large block of TIP, they couldn't safely do so if the exchange's official documentation didn't reflect the expanded pool. This announcement gives institutional investors the green light that the compliance trail is 100% complete.


4 Setting the Baseline for Future Corporate Actions

If The Initiates Plc decides to pay a dividend or declare a bonus issue later this year, they must pay it across the new total volume. This announcement acts as the official legal baseline proving to the public and auditors exactly how many shares qualify for future payouts.

In short, think of the CSCS credit as getting your car keys and driving, while this NGX announcement is the government finally updating the vehicle registration portal to show the title transfer is officially complete.
Crime › Supposed Repentant Terrorists, Returns To The Bushes In Borno-the English Alhaji by chimex38(op): 8:16pm On Sep 30
4 Repentant terrorists return to the Forrest.
The Govt is silently on a man-hunt for them.

https://www.facebook.com/share/v/1BjpR72Mke/
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:02pm On Sep 30
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 4:37pm On Sep 30
Stockpromoter:
Na you talk am oooo
Agba don suffer grin

Good graphics by the way.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 3:19pm On Sep 30
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 3:18pm On Sep 30
Bizibi:
it looks like there might be a delay on zenith.....why file extension to oct 9.
Ahh, Access go be Oct 31st be that. grin
Access Holders, close your App for 1 month.
I no wan see you for NSEMPA until then grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 3:13pm On Sep 30
Jaakay:
Vfd group on the beat. Definitely someone or something is accumulating. Accumulation must be completed before month end.
Month, ends today undecided
Business › Re: Groundbreaking Of Dangote East Africa Refinery (Photos, Video) by chimex38: 3:11pm On Sep 30
Trojan8:
Look at what NL is pushing to front page cry
what kind do you propose?
A project that unites 3 African countries where this project is going to base coming from Nigeria and industrialization of Africa isn't worth it?
Business › Re: Groundbreaking Of Dangote East Africa Refinery (Photos, Video) by chimex38: 3:09pm On Sep 30
Jakpon:
One of the several qualities that Dangote possesses as a businessman is foresight, and this has helped set him apart. He has an uncanny ability to identify opportunities and potential ahead of others and position himself strategically to maximise them.

He demonstrated this in the cement industry, where his foresight and strategic investments have helped make Dangote Cement the largest cement producer in Africa. He later ventured into the oil and gas sector with his landmark refinery and related infrastructure in Lagos, and his ambitions are now extending beyond Nigeria, with his attention increasingly turning toward Kenya and the whole of East Africa.

Dangote is also gradually expanding his footprint into the maritime sector, with his proposed Dangote Deep Seaport in the Olokola Free Trade Zone in Ogun State.

Interestingly, it is in this same Ogun State that the State Government recently signed an MoU with DP for the construction of the Gateway Deep Seaport.
You mean 2 Deep Sea port is coming to Ogun state? shocked
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:08pm On Sep 30
londonerr:
Good. Is GTco window dressing?
I think London listing affected GTB early rally above 100.
The Arbitrage gap ensured it rallied more on Ngx to close the gap.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:34pm On Sep 30
mikeapollo:
They are planning to raise funds very soon. The AGM held a few months ago.
I just hope it goes back to N10+ like it did not long ago.

@Megawealth01 recommended it when it was about N1 or less
Hmm..good to know why.
thanks.

But omo!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:22pm On Sep 30
CMFC don dey do like NCR and EUNICELL.
straight 10-10% for 7days+ shocked
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:18pm On Sep 30
Raider76:
NNPC demands profitable refineries, explains Dangote crude supply

https://punchng.com/nnpc-demands-profitable-refineries-explains-dangote-crude-supply/

NNPC still doesn't know how to make it's refineries profitable. I think there is a game at play here.
Aha.....A-ha....
Na now I know why our forward crudeoil contract no dey end.

So most of all these refinery rehabilitations wey enter voice-mail , na our crude-oil we use pay upfront..

The person wey coin this sentence deserve royalties
"If they explain this country to you and you understand it, ee mean say dem no explain am well"
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:10pm On Sep 30
grin
robobo:
After that he will also sponsor Argungu fish festival. The guy don kolo.

loll..lllllllll
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:37am On Sep 30
ppogba:
The next will be to sponsor the annual New Yam Festival.
Be careful!! angry
Take your time!! angry
I woke up with a straight face and intend to keep it that way.
Don't humor me today angry

Next thing now na sponsoring August meeting. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:31am On Sep 30
mikeapollo:
You mean Stanbic IBTC Capital are also unreliable?
Anything Stanbic is mostly reliable.
Forget that they don't make noise themselves here and there for media attention.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:23pm On Sep 29
300million!!
https://applesbite.com/xejet-loses-ground-handling-services-over-

NAHCO and SAHCO
Hope say Una money no dey inside?
even if eee dey, hope say ee no reach 10m?

Na this kain one dem fit chook enter receivables wey dem no dey ever liquidate to cash like CWG and CILEASING undecided
Sports › Re: Guinuea Bissau Vs Nigeria: 2027 AFCON Qualifier (3 - 0) On 29th September 2026 by chimex38: 8:07pm On Sep 29
Easyincome24:
Anyone who can't play the standard of Iwobi and Bassey has nothing to do in our Squad. These are the only two that meets a proper international player for the kind of team we should build.

No disrespect, we have nothing to show forth in AFCON. Let them lose for a proper building. They will still perform worse if they go to AFCON.

Nothing has changed in their mindset since the last dropout from World Cup Qualifications.
You know ball
🙌 🤜🤛 👊 🤝 👍 👌

Iwobi & Bassy....
that's all we have.
Sports › Re: Guinuea Bissau Vs Nigeria: 2027 AFCON Qualifier (3 - 0) On 29th September 2026 by chimex38: 7:28pm On Sep 29
Gbadugbakun:
Goal.

It's 3-0.

Nwabali didn't even dive. Infact he didn't dive for all the 3 goals.
Trademark Nwabali grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 7:27pm On Sep 29
naturalflow:
As seen in the news.





When is nnpc listing?
Dreams grin
Pure voice mail like local Refinery grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:11pm On Sep 29
presiade:
You can also fake walking on water by placing transparent or translucent glass cubes under water at specific locations or intervals, and you step in those spots—it only requires practice to perfect it.
Waiting for your water to wine method grin
And getting coin out of fish to pay tax grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:23am On Sep 29
1
Payunsin:
Make I no forget my purpose here,
Please what can I buy that has minimal downside risk n higher potential short term gains.
2
chimex38:
................
..........
Others are:

Zichis:
Downside risk----12%
Short term gain(50days)
----25%.
........................
...................
..............
3
Payunsin:
Thank you but I cannot buy zichs layelaye I am a poultry farmer and my farm is bigger than what they claim they have.
Despite the shares falling, it's even not worth the current price in my opinion.
There's nothing bad investing in a competing business, provided returns are "near-guaranteed"
Competing Tech firms, computer and software firms amongst others invest in one another.

Zichis: went down to 15.00 a bit as its minimum downside risk(as predicted)

Now over +30%.
( short-term gain as you requested)
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:43am On Sep 29
chimex38:
Best bet.
The frontier index stocks.

Others are:

Zichis:
Downside risk----12%
Short term gain(50days)
----25%.


Mbenefit:
Downside Risk---20%
Short Term gain(50days)---15%



If you are a more risk taker :
Neimeth and Tantalizer have both negative equity and retained earnings, no dividend in view for a while and even near future, prone to further share dilution and presently undergoing core restructuring and capital expenditures.

Neimeth:
Downside risk --10%
Upside gain---25%

Tantaliser:
Downside risk----10%
Upside gain------20%


This is pure guessing, it's TGIF, I am not OK upstairs for now grin:
Speculate at your own risk.
Due Diligence on you.
O-Y-O is your case.
Zichis closed at 15.7 on this day Friday 18th September.

Currently selling between ₦20 & ₦21.
Short-term predicted gain of over 25% achieved within time frame..



Mbenefit: closed at 3.6 on 18th Sept.
( reached 3.92 (≈+10%) on 21st Sept).

Currently selling close to the predicted downside risk of -20%(3 to 3.15)...

A 15%-20% gain is still possible within the same time frame..
Do your due own DD.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:26am On Sep 29
ayobama1:
GTHoldCo interim dividend received. At all at all na im bad.
Na 2025 financial yr u dey talk about?
No dey confuse people bayi undecided

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