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Chimex38's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:07am On May 13
zendi:
No ulterior meaning should be read into this.

Selling 5% of holding does not suggest cashing out to me......too negligible.

Sure she has locked in some good profit.

My thought is she may be raising money to increase stake through her own proposed PP, knowing how they may price it at great discount.
Exactly my thoughts as well.. They have so many incoming activities.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:54am On May 13
Streetinvestor2:
Is it that many of you guys here are salary earners. Aradel has natural capacity on the ground. This is a farm with its capacity on ground already stated. What magic can she do even in the next 5yrs to generate billions in revenue .This is agriculture and not gold mine or crude reserves that can just change by new discovery. The poetry,fish farm and palm fruits will not just multiple over night in quantity of new findings or technology. I have no problem with the farm because it is just 5 yrs plus old
Na the SP manipulation way dey on to place unimaginable valuation on the farm.Bro I have friends who have this capacity in the poultry and fish farm without the palm aspect.
I get your point. I
I am talking about CEO sale of shares as a red flag which I think it's too early to flag.
Based on their current listing and ongoing acquisitions to expand and upcoming PO and RI expenses.

If they keep selling their shares to make money more for themselves than the business itself as Sir Emma pointed within the next 1-yr, it becomes a big red flag.



As for the high price.
I am not disputing that it's over valued for it's size. It is far overvalued and probably manipulated.
Also, apart from the MM manipulation,
I believe the high price is a result of rush as well to key in to the stock so as to qualify for any RI or PO that is upcoming. most Right Issues QD at cheaper prices are usually backdated..

Check TIP, CHECK Neimeth, even DangSugar all backdated it's Right issue at cheaper prices after price must have settled later.

I made my opinion here last week.
chimex38:
I believe people want to qualify for their Right issue whenever Qualification Date comes out and not miss out ..
So the earlier one is in the bus the better. And also the higher the accumulation the higher the RI taken.

So it doesn't matter the price they buy at the moment, they will use the RI or PO to average down.
More still, they could buy-off other peoples right.
Current price will look cheap to those class of people.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:11am On May 13
SonofElElyonRet:
Was able to get SEC DG's personal email and sent him above.. he replied thus: I totally share your bias . I have already started the advocacy I need you all to support me and we shall win together ..

Hope he succeeds...
Weldone Comrade.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:09am On May 13
emmanuelewumi:
There is a big problem if you are a business owner who listed his or her business on NGX but you make more money trading your stocks than running the business.

Dangote, Elumelu, Rabiu, Adenuga make more money running their businesses than trading their stocks.

You observe I did not include Otedollar
There is a big problem if you are a business owner who listed his or her business on NGX but you make more money trading your stocks than running the business.
Hmm...Word!!
Food for thought..

Though I would add Zichis just got listed..
Let's give them a benefit of doubt for at least 2yrs.

It's same way when Aradel got listed, it's larger shareholders bailed out.
and I am sure some other operational insiders as well.

Afterall, her sale is less than 5% of her holdings..

But your point is key and highly plausible and well noted.
Thanks
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:21pm On May 12
megawealth01:
ELLAH, OANDO and Access time go come but many would have sold off
Yes. true.. Bitter truth.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:16pm On May 12
9free:
I still dey give Chuka benefit of doubt because of EllahLakes' biological assets. I just dey wait for them to grow to maturity and if nothing happens na to carry catapult enter the next AGM be that grin
t
Normally, Zichis ni suppose see Ellah back..but management happened..
Na so PRESCO take overtake OKOMU that year..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:31pm On May 12
ositadima1:
https://www.youtube.com/shorts/8KALkISFxDs

grin grin grin
Sirreleone..to pay keke for a ride, you need to hire a truck grin

Zimbabwe, you gaz book warehouse and issue key grin
FamilyRe: Marriage: Role Vs Sacrifice by chimex38: 8:54am On May 12
Nice perspective and topic.
Whatever one is aware would naturally take place in marriage before getting married is considered a role and responsibility.

Whatever unexpected that happens in marriage that requires you to move away from your role or deeper into a role you never envisaged becomes a sacrifice.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:37am On May 12
ppogba:
No problem nao.

I go relocate to AMCON IDP camp on Cardoso road in Abuja.
Lol.. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:03am On May 12
grin
bennybuhari:
Royalex
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:59pm On May 11
megawealth01:
So fidelity no go pay dividends too?

Nawaho this year's dividends don short grin
"We are Fidelity
We keep our word"


Fidelity: actually, em em, you see..........

You go explain explain tire.....
Ask senior bro Access cry

RKO tomorrow.
black Tuesday loading... undecided cry
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:57pm On May 11
ppogba:
When I said there was nothing to be ashamed of and that Fidelity should just do open eye and bring out the result, it was as if.......

Cockroach Theory justified.

All my creditors should wait till Interim from GT and Zenith.

Na dividend we no pay. We no kill person.
CREDITOR:
I don kukuma put poster for your gate ➕ chain-padlock lock am from outside wey you still dey sleep inside AC dis night.

Poster details: HOUSE FOR SALE

See me in my office for complains and further enquiries. grin cheesy
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:15pm On May 11
essentialone:
Full List of Companies yet to publish their Audited Financial Statement:

*Financial Services*

*Banks*
1. *FCMB Bank*
2. *Fidelity Bank*
3. *Jaiz Bank*
4. *Sterling Bank*
5. *LivingTrust Mortgage Bank*

*Insurance*
6. *Regency Alliance Insurance*
7. *Cornerstone Insurance*
8. *Fortis Global Insurance*
9. *Mutual Benefit Assurance*
10. *Universal Insurance*
11. *Prestige Assurance*

*Oil & Gas*
12. *Aradel Holdings*
13. *Caverton Offshore Support Group*
14. *Conoil*
15. *Oando*

*Consumer Goods*
16. *Honeywell Flourmill*
17. *Northern Nigeria Flour Mills*
18. *PZ Cussons Nigeria*

*Industrial Goods*
19. *Aluminum Extrusion Industries*

*Services*
20. *Redstar Express*

*ICT*
21. *Legend Internet*

*Natural Resources*
22. *Japaul Gold & Ventures*

*Conglomerates*
23. *SCOA Nigeria*

*Other Financials*
24. *NCR Nigeria*

Which of them do you have in your Portfolio?
Great job you do on the compilation lists of various things on Ngx from time to time
Weldone Sir👍
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:55pm On May 11
nosa2:
I did this last week. Everything is going up and I suspect Access will soon join the gang. Remember that it is market participants like me and you that push prices. So as people are collecting profits they will start looking for the next winner and Access has not rallied so they are likely to put their money there.

Plus fundamentally the stock is criminally cheap
People wey still get mind announce say dem fit no pay future dividend @H1 added to the ongoing gbasgbos.
My own fact be say, without dividend, Access fit no move reach 28...
Unlike ETI, Access go do free fall back to base..
Access don officially move from fundamental solid to temporary JIJO. grin grin

Na my own be that.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:48pm On May 11
Streetinvestor2:
If he tries it in 2026 with this kind windfall. His name will be sorry
Last Yr was end of our patience and he knows.
GBAM...
but trust Wale, even if FY result cast. ee go still put caveat wey go entice retail holders to still keep on holding.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:45pm On May 11
KarlTom:
I want to assume they are gradually paying off the debts faster than initially scheduled wrt the increased revenue.

That is the ONLY reasonable explanation for the stagnant price coupled with the unpublished AFS '25 and Q1 '26... smiley
Exactly my thoughts.
By year end, there should be a substantial wipe off of debt and -ve retained earnings if not all. (assuming oil prices stays over 80+)
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:21pm On May 11
Wickedness is that you? grin
nosa2:
The only thing Wale cooks is his shareholders
grin
Lol... Wale Change Ooo.
Thank God you no dey contest election.
ee 4 be gbasgbos gallo. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:18pm On May 11
nosa2:
I get where you are coming from but you can never really know. In any case ANYBODY THAT GIVES THEIR MONEY TO SOMEONE THEY MET ON NAIRALAND TO MANAGE FOR THEM IS A FOOL and deserves to have their money stolen.

I believe that not everyone should be managing their portfolio themselves but there are SEC licensed firms that will manage your funds for you or better still buy an index fund.

Right now we are in a bull market and it is not hard to pick stocks that will go up. So it is easy for me or anyone else to sound like a "guru". There are no guru's in this game. There is no secret sauce. Anyway make I no start to rant.

Just free the guy/girl, I actually share your sentiments but last last you never really know.
Na lie, na lie na lie.
For ETI specifically, you be Guru for that side.
Nothing you wan tell me... grin
Guru + Grace + Touch-of-luck

Even at 70+ you still talk say ee go reach over 100+.
eee don dey reach promise land. grin

Accept your ETI-Guru in peace. No quote this post begin explain-explain-tire Ooo.

I don block my ear & close my eyes grin🙉🙈💆 cheesy
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:13am On May 10
deathwing:
I find the famous waiting strategy people talk a very fascinating one. If you have some money to buy a stock, never wait. Even if na 100k, put inside. Just commit to something else you won’t commit to anything and you’ll HAPPILY later rush to enter at a higher price so that the bus won’t leave you.

I felt same for Seplat buying at an ATH at 9000. I think someone here said to wait because it would correct after Q1 or dividends or whatever, but I closed my eyes entered with 50% of my budget. I’m currently 26% up. If it crashes, great! I’ll just buy more; but if it doesn’t my 26% is already assured. My own personal strategy is NEVER WAIT esp if you are going for longterm anywhere. Because sometime in the future you will still average up to the price you are scared of today.

I have many such examples.
........Because sometime in the future you will still average up to the price you are scared of today.
Great point.

In other words:
Advisable for Long-termers to never fully wait for a price drop from a supposedly high price that may or may not drop. Why?
There's a higher chance one would still average up to OR even average above that same high price in future..
So why wait?

@deathwing
Weldone for extracting this "seemingly" obvious but greatly overlooked piece in investing decision making .👍
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 6:21am On May 10
Mankind2024:
You are obviously a student of Jim Simons. I believe you know him quite well.
Here are some video links that further describe his philosophy, style, and approach to the market.


https://www.youtube.com/watch?v=weD2tVLaIEQ?si=vD99dTi1BbH0hZZW


https://www.youtube.com/watch?v=83w1t26wHKU?si=zu1dCZyrlXzpXAO5



https://www.youtube.com/watch?v=CTQcLi6SpX8?si=XZn--bsjaf8wtzV0
The Hedge fund Master
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 7:53pm On May 08
#First bank
So they had a total of 750bn capitalization before?
Sounds like the ₦250bn raise will make their entire share capitalization = ₦1Trillion.
Otedola has been echoing this Trillion naira benchmark for banks even while the ₦500bn raise was in play...
Trying to lead by example.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:03am On May 08
megawealth01:
FIRST BANK wey dey class of its own

OTEDOLA no come play ooooo

In this game he is oganla oooooo

Others dey learn work where OTEDOLA dey. I've been following him anywhere he goes for years now

I started filling back all my lost FBN when he started buying at sub 20 and 30

I will definitely start selling when he starts selling. That's the OTEDOLA game grin
I tell you..
Otedola is in his own class.
Always pulling stunt, no matter the Saga.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:02am On May 08
BabsO2:
I need more JOJI Oando.

JOJI requires no new funds as one Jumps out of a stock (usually losing momentum) to Jump into another that must take-off sooner or later shocked
Lol.. JOJI...definition.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:27pm On May 07
Itzlinda:
$25,000 invested in SanDisk one year ago is worth $1 million today.

Abeg make una find us another SanDisk. I wan retire early 😂
I had this Mcard then.. smiley
Was the only one that remained less corrupt of the few ones I had then.

Then came their USB flash.
That can be used to even boot OS into the system unlike some other flash drives..
A go-to choice for most tech personnels and computer repairers.

Never knew it was a huge company not to mention a listed one on NYSE.

A widely distributed product in Nigeria all the way from US..

Though I don't play US stocks for now. But if I had, theres no way I won't have purchased it. It's no brainer.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:58pm On May 07
SonofElElyonRet:
No N1b target for me.. Not in any rate race. I love my peace of mind. The tension of price oscillation isn't for me. I've exited all positions except Japaul and a bit of Ellah.. might buy some Dangote refinery, fertilizer and flutterwave in the future and possibly add up my Japaul if price goes down.. that's it.. good luck to y'all in the billion naira race...
Is alright.
we all aim for the stars.
If we land at the moon, It's all still good.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:03pm On May 07
Olaide1295:
Where is Nosa2 in all these Access discussion.
No dividend for H1 2026 again! Wahala be like bicycle.
The wording is:
"May not....."
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:00pm On May 07
SonofElElyonRet:
One love
🤝
Can't wait for your ₦billion testimony cheesy.
The way I will "yes man" you ehh.
#peace✌
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:03am On May 07
Itzlinda:
Which one has a better risk to reward between access bank and uba for someone to be dcaing at this prices. Which one would likely have a faster recovery?
I will pick UBA.

access still has structural issues with their asset disposal. UBA does not.

Access isn't paying interim, UBA hasn't officially declared that yet..



Access has no "Iconic" factor
UBA has Elumelu Factor.
Any sentimental positive news on him or his businesses can be contagious on UBA.

Do your further DD
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:46am On May 07
Itzlinda:
Be like say we fit buy uba at 35 oo.

The price just de fall oo.

Be like say people hate tony ways
Access announced they may not pay interim from H1.

Contagion effect on UBA.
also the recent NestOil news also threw stray bullet to UBA as well.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:43am On May 07
yMcy56:
ZICHIS baby....
Full bid @30.33....👏
This stock should go places...
Agba I sight you.....😊

* 400M shares thru SPECIAL PLACING....
Anchoria sure knows what they're doing when they cornered this Companies stocks....
* Could this be the next PRESCO? lipsrsealed
Only time will tell...
I believe people want to qualify for their Right issue whenever Qualification Date comes out and not miss out ..
So the earlier one is in the bus the better. And also the higher the accumulation the higher the RI taken.

So it doesn't matter the price they buy at the moment, they will use the RI or PO to average down.
More still, they could buy-off other peoples right.
Current price will look cheap to those class of people.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:36am On May 07
grin
SonofElElyonRet:
You epistle goes to no issue Mr "yes man".
I have nothing against him and he is free to ignore my advice which I stand by.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:53am On May 07
grin
naturalflow:
Them say the price of 1 pure water can give you 2shares of accesscorp.
Every page go get Access bantergrin
Access, better change Ooo

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