₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,326,643 members, 8,427,416 topics. Date: Monday, 15 June 2026 at 09:45 PM

Toggle theme

Chimex38's Posts

Nairaland ForumChimex38's ProfileChimex38's Posts

1 2 3 4 5 6 7 8 ... 83 84 85 86 87 88 89 90 91 (of 120 pages)

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 4:08am On Sep 07, 2024
KarlTom:
CUSTODIAN

https://doclib.ngxgroup.com/Financial_NewsDocs/FBN_HOLDINGS_-_DIVESTMENT_FROM_FBNQUEST_MERCHANT_BANK_LTD.pdf
For them to go as far as 100% sale, I believe no other reason than to meet Capitalization requirements for FBN

Change of name soon for the acquired entity..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 6:35pm On Sep 06, 2024
Agbalowomeri:
They will soon return it back to 50k
Better
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:05pm On Sep 06, 2024
Deadlytruth:
That flat 100K unit threshold for all stocks is actually to the disfavour of those invested in high cap-low OS stocks.
A point..
Also meaning they will have to perform exceedindly well in arithmetic, geometric exponential proportions or a strong positive sentiments for persons/institutions to be able to cough out such huge amount to push it daily I think.

It's kind of for Long Term Investors..
They are the definition of #Patience grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 2:53pm On Sep 06, 2024
Mpeace:
Seplat has been on full bid since, but the 100k single transactiin remains the main issue.
It might not get it unless one of the ogas does the needful.
Because of that rule, stocks like this need special intervention to make any movement
₦380--₦400million required for a single 100k unit...Damn!!! shocked
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:47pm On Sep 05, 2024
Melcapital:
I did not accuse anyone of marking territory or beefing another, but only politely shared an opinion that might help another. I do not see bants about stocks, but constructive criticism that people could benefit from.
I see sense when I take time to digest, even if "ko make sense" to some.
Positivity, positivity, positivity smiley
Fixed!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:36am On Sep 05, 2024
sky2891:
Please is the stock in the banking sector?
Zegra:
Total ? tongue
He said and I quote:
"the stock in the same sector.....".
How are these in the same sector with what he wrote? undecided
DD advised.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:04pm On Sep 03, 2024
KarlTom:
In all your getting, get yourself a friend like Ote$... cool

https://x.com/realFemiOtedola/status/1830958718113968469?t=TZGeO5Afn3giZNj9bmbXfQ&s=19[/quote]such Honorable Words.. smiley
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:40pm On Sep 03, 2024
RodgersAkpafu:
it will at best stabilise the currency

that's what we need right now
stability
dramatic improvement is far fetched
Fixed. Stability at least.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:31pm On Sep 03, 2024
olig:
You sure?
With NNPC as the sole buyer/distributor/monopoly?

How I wish we can get rid of NNPC totally in this matter. Let them just wait for the reward of their 7.5% stake
DR will have a measuring scale.
If it doesn't match what NNPC says it distributed to the masses, especially when queues surface in future.
NNPC go explain where it hoarded the rest..
So NNPC can't be the sole Tracker
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 3:56pm On Sep 03, 2024
Picky1:
Did you notice this: An Interim Dividend of 2.00 (One Naira Fifty Kobo) per ordinary share of 50 kobo
Hope this is not confusing because I want my complete div o... cool
Good Observation..
However, if you divide the stated figure ₦25,913,996,000 by the OS, you will get 2Naira.
I think the figures can't be a mistake..

Probably used to their previous default template I think.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:19pm On Sep 03, 2024
[quote author=Willie2015 post=131833427][/quote]Abobi!!
I know of the local under the bed style..(for tiled Rooms in the house). grin grin
Gives them a little longevity.

But this your barn na the real deal cool
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:09am On Sep 03, 2024
megawealth01:
Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling

https://www.icirnigeria.org/minister-directs-nnpc-to-sell-pms-above-n1000-to-curb-smuggling/
4willer:
So we have to pay the price for you not being able to curb smuggling?
They have debunked it "Officially"
Buh we know say, reality is different. Let's see how it goes

https://guardian.ng/news/we-didnt-ask-nnpc-to-sell-fuel-above-approved-pump-price-fg/
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:47am On Sep 03, 2024
4willer:
So we have to pay the price for you not being able to curb smuggling?
I tire for this new Wahala..
It's not just the petrol price one is afraid of now, essentials(footstuffs, etc) now have reason to balloon to the moon even with the already artificial increase on some of them in some places.
PoliticsRe: Governors Sanwo-Olu, Abdulrazaq, Wale Edun Attends China-Africa Summit (pics) by chimex38: 10:14am On Sep 02, 2024
chiefolododo:
well, China is a very big country
So also is Germany n UK Abi? . undecided

PoliticsRe: Governors Sanwo-Olu, Abdulrazaq, Wale Edun Attends China-Africa Summit (pics) by chimex38: 6:36am On Sep 02, 2024
When are we going to have Nigeria-Europe Summit
Or Nigeria-Asia Summit.

One Country holding a full continent to ransom
undecided
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 7:33pm On Sep 01, 2024
megawealth01:
So you know about market deciding ba?

I thought na us go decide am by our overjoyousness...

Las las na person wey tell us truth be our hater grin
No mind my Analysis Paralysis.. grin
Just trying to connect n make sense of that table..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 6:35pm On Sep 01, 2024
Agbalowomeri:
All things been equal do they have same number of shares?
That's a point.
No they don't.
Roughly 5x less for Geregu.

Assuming all the shares of the company was for Okpai and it's Okpai Only being listed on NGX, then it may be circa #200..(1000/5) grin

But all things are not equal and it's not Okpai that's the listed company.
Market shall decide.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 6:14pm On Sep 01, 2024
KarlTom:
The more energy generated, the more money available to 'share'...

More details here:

https://nerc.gov.ng/wp-content/uploads/2024/02/NERCThirdQuarter2023Report.pdf&ved=2ahUKEwj_sM2lnKGIAxUu9rsIHUbmER0QFnoECBEQAQ&usg=AOvVaw3mJKBmWCNSkEHfdpVaU6EL
#Availablepower
#Comparism
Geregu...195MW ==#1000
Okpai .....243MW ==# lipsrsealed wink

Market shall Decide..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:55pm On Sep 01, 2024
KarlTom:
Let me she'd some light on POWER PLANT CAPACITY and REVENUE.

Installed capacity: is the maximum electrical power that can come out of that plant in Megawatts or Gigawatts.
In the OandO-NAOC deal, it's written as total nameplate capacity is 960MW.
This is the information that js sold to the public.

What this means (in layman's terms) is that at 100% efficiency, you'll get 960MW.
Sadly, in Nigeria, we get as low as 8% from some plants. shocked

The 27 Gas Power Plants in Nigeria have a installed capacity of 12,643MW but the average available capacity is a paltry 4211MW (~33.3%) angry

The more energy generated, the more money available to 'share'...

More details here:

https://nerc.gov.ng/wp-content/uploads/2024/02/NERCThirdQuarter2023Report.pdf&ved=2ahUKEwj_sM2lnKGIAxUu9rsIHUbmER0QFnoECBEQAQ&usg=AOvVaw3mJKBmWCNSkEHfdpVaU6EL
The image confirms that phase 1 is connected..

I have read somewhere that its usually the DisCos that reject power as well as poor TCN transmission lines with low carrying capacity, despite the GenCos generating and ready to transmit at almost full capacity..

This statistics is poor..
Means we invariably have just 3power plant delivering above 80% to consumers in Nigeria!!
Okpai-phase 1 even try, ee cross 50%. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:43pm On Sep 01, 2024
IB did about 14% last week..
despite share price.

Probably driver want to raise price n cash out(my opinion Ooo).
Passengers watch out grin
Let's see how the week goes..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38:
Raider76:
The bolded may not be correct. Just talked with an Engineer at TCN and he categorically said that Okpai is NOT yet connected to the grid. There are engineering foundation, access, security and contractual issues to resolve before the necessary systems needed to evaluate the power can be constructed.

Please don't take this as being -ve. Just trying to learn the actual position from sources I know. I believe whatever problems are preventing the project can be resolved by Oando given their connections.
Thank you for the Real time update..#much appreciated.

Nevertheless, the Okpai plant is in 2 phases:1 and 2.

Just to be clear Sir:
Are you certain it's the entire Power plant not currently connected to the Grid or just the phase 2 that's not connected as stated on the punch article?
Thanks for the effort to update the group..

As for your second paragraph..
No harm done..
There nothing like negativity or badbelle, when there is a constructive criticism towards a stock and it's worth considering or giving a real time info.
Same goes for positivity or "goodbelle" grin, when there is a constructive praise towards a stock worth considering.

If the thread is monotonous, it won't serve the purpose of having a diverse group of people. wink smiley cool
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 2:50pm On Sep 01, 2024
Streetinvestor2:
Can you share the link.What was transcorp power PAT since they have the same capacity. Is the oando power plant linked to the national grid. All my questions here are for sincere purposes because I don't have idea about them
Constructive criticism is welcomed..

Concerning the Okpai Power plant..As at March 2024:

Yes, 480MW has been connected to Grid.( ABJ, Anambra n Enugu,etc...)
As for the upgraded MW,
No, I don't think it's been connected yet due to no fault of the power Plant but the TCN.
132kv Transmission line needed for evacuation of the power supply hasn't been constructed yet(Punch: March 2024).

Link:
https://punchng.com/senate-probes-delay-in-power-distribution-to-delta-communities/#google_vignette

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:04am On Aug 31, 2024
I think Inflation of >>30% is a strong reason for this..
@Laso. I agree with you here.
I think intrinsic valuation of some stock isn't a write off, but I think it takes a back seat due to economic effect as more people key into the market to beat inflation and at least keep their purchasing power by capital appreciation as they began the year.

So a positive news from FA, TA SA, etc will always drive a stock higher than it should as more people look to beat inflation with a higher margin than the actual valuation price of a stock.

Single digit inflation of between 2-5% will see more stocks correctly valued as valuation takes back the front row seat for most part of the year determined by dividend, debt level, bonus, retained earnings, expansion, and other FA metrics.

@ Mankind, I agree with you on the submission below.

retail participation as well as technology has increased the speed and awareness of information and demand side of stocks in the market, this increasing their selling price(valuation price).
(irrespective of inflation)
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38:
Capitas7:
Bottom line:
Whether you do long term and are earning multiple baggers or you do short term and take multiple profits, as long as you are winning more, you are doing well.
Just make sure you are learning/growing so that when your children ask you how you do it, you won't be referring them to follow people on a forum who give you free stock picks.
Hmmm.. Fixed👌
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:18pm On Aug 28, 2024
onegentleguy:
PIVOTAL NOTICE

To my prime subscribers and all who subscribed to the outline/recommendations and investment guide--Series 1 and/or 2, pls carefully fill out this form (https:///WbHX8i6RbZkcrRgEA)
to gain a one-month FREE access to the great LIT Signals/Platform and more.

Kindly note that activities on the platform begins September 1, 2024. ...there shall be no extension or grace period after the 30-day timeframe from date of commencement.
...it's time for us to bond together and GROW!

Let me sincerely apologize for putting this up here. ...it is NOT intended to take the shine off this channel.
Nsempa remains a great forum with many gifted minds.

Regards
No need to apologize Sir..
u don pay ur dues✔️💯
even if I no be subscriber. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:59am On Aug 24, 2024
ositadima1:
My guy, relax, you didn't get the joke. No dey cover for anybody. They go disappoint you o, last last.
Oh, Ok.. Probably didnt get the joke.
I take it back then..
#Peace
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:22am On Aug 24, 2024
ositadima1:
LOL, I forgive you, because they say ignorance is bliss. You show Ichimoku and RSI here; did you do it with pen and paper? Don't you know you're running a program when you use your fancy technical analysis? What if I prefer running my technical analysis on programs I wrote myself, huh?

For your mind you think you are funny, LOL. grin grin grin shocked
He wasn't referring to you at all.. undecided
I think you probably read out of context.
His comment was just a follow up to @willie2015.

and I just happen to fall in that category that think TA is a bit complex like Programming grin

If not anything, credence was even inferred and given to your programming method as more advanced not belittled in the slightest.

not a call for "ignorance" as you put it. undecided
#Peace.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:45am On Aug 24, 2024
Agbalowomeri:
Even if you are solely using FA, TA will maximize your efficiency. I think some people think TA is computer programming 😂
you aren't far from the truth.😀
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:08am On Aug 24, 2024
freeman67:
Your second paragraph is not true. The same man shouting Oando don cast now was the same man that first raised alarm here about something not being right with the rice business which was supposed to form the third part to Dangote food. Before those for and against started deliberately same way Oando faithfuls and antagonists are doing now.
#Seconded.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 3:34pm On Aug 23, 2024
Choiceguy:
My brother forget all this reports even dangote self don't know when he will supply PMS to the local markets.it might even be next year. grin
grin grin😂😂
EducationRe: JAMB Bursts Illegal Admissions In Universities by chimex38(op): 3:54am On Aug 23, 2024
lipsrsealed
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by chimex38: 2:52am On Aug 23, 2024
Omooloriredade:
Please look up the meaning of "stakeholders" first, then read the entire paragraph and you will understand why "stakeholders" was used. Not having a dig at you at all. Responding because of innuendos that could arise from this so don't take it personal cheesy

Looking to the future, we will continue to pursue strategic diversification opportunities within the broader energy sector that provide enhanced growth and value creation for our stakeholders, particularly in clean energy, agri-feedstock sector, as well as energy infrastructure and mining.

Oando is diversifying into certain sectors as part of their "clean energy" strategy in partnership with other organisations or governments. For example the CNG (compressed natural gas) buses being rolled out in Lagos. I encourage you to google CNG buses. You will find that the FGN also met with Innoson for the manufacture of CNG buses and they may also be looking to import some.

Agri-feedstock - Oando's role here is the provision of the gas required to produce fertiliser for use in the agric business. Look this one up as well. They claim to have substantially reduced their gas flaring as part of their Clean energy strategy instead harnessing that energy for power production.

Considering these projects are not being done in isolation but in partnership with other organisations, governments and agencies, STAKEHOLDERS was the most appropriate term to use.

Also, note that Oando's upstream assets are in JVs with different entities including the NNPC and IOCs. Being an operator in the upstream sector for such high-level entities is a big deal. The use of the word "stakeholders" was apt.

The Clean energy mantra is what all IOCs use now to attract capital. Some funds, banks, portfolios will not invest in projects that are not environment friendly.

Disclaimer - Please do your own research and don't take my posts as gospel.
Gracias for this exposition.

1 2 3 4 5 6 7 8 ... 83 84 85 86 87 88 89 90 91 (of 120 pages)