₦airaland Forum

Good morning folks in OGG voice,Let there be peace in the house,you might be saying the truth but the way you are going about the whole thing might place you on the wrong side.

The message has been passed,I advise we cease fire and watch,to know if there is any impact On us,We should kindly evaluate ourselves and make little adjustment while making comments here.

Yemy3m:
smile

Let be hopeful

Agbalowomeri:
Good job baby girl
However, you can hardly get any naija bank selling above PBV > 0.5
Dividend is important. I don't see ACCESS giving N3 so stock price would still hit resistance at that 30. However, I am almost sure that it can do a 30 by 3rd week of January (yes take it to the bank ) which is 50%. You notice how UBA has been hovering around 23/24. Na majority wey dey risk for 10% dividend. At all at all.... . Naija Banks will also hardly sell above P/E of 4 unless we see a RoE of 40%

Sorry to dampen your expectation. Na grey hair dey worry me Lol . Apart from FBNH sentiment, all banks will move together and the likelihood of better capital appreciation historically has been better with lower priced banks. It's just the way our psyche is conditioned in this market.

However, maybe we will get a new ololo trend this time.

Now that FG is Failing to make coupon payments on two savings bonds and are blaming it on system and processing issues.i will advise we key into stock, with this great analysis from our Ogas here anticipating that from now till January will be great.

yMcy56:
FIDELITY @13.50...
Na WA o
How much interim is the bank coming up with?
* Full bid @13.60!

JAPAULGOLD: Quite a lot of crossings today again.....
Over 148M units in transactions so far......

Reasons for mentioning this updates is to enable people see what's going on.....when it starts moving, then some will jump out to start shouting Monkey Hunting...

Whenever something is happening in japaul,chams comes to mind

ProphetUtuocha:
At current price, Oando remains very attractive. Those who miss this opportunity will chase it at 100+. Watch out!

Prophet please take things easy till today I never recover from the truma of missing out on Oando.which one be chasing again.

Panadee:
‘Identical’ twins

For one to call the two twins,eterna have to close some gap around N65-N70.

KarlTom:

As far as I am concern Eterna will surely rally before mid next month.

lasisi:
Now that it is now in the open that NNPC will be the sole distributor for Dangote Refinery. What will be the faith of those currently locked-in on ETERNA?

Fg for now NNPC is the sole distributor of dangote refinery pms,with time other marketers will key in.it is really good news for eterna and other marketers,I am expecting a rally across all the marketers.

Etranzact will soon touch N10 and Chams is sold for N2 considering they are both doing almost the same business.

Streetinvestor2:
How about other oil companies that are bigger than eternal oil with good fundamentals.whr do you see thr own price with many more outlets. Can you put future price for them too.Abi dey won't benefit..lol


Total
Conoil
Mrs

It is going to move across board as long as they are marketers of dangote PMS. oil sector is a place to be from now till mid next years

fashionnisir:
Eterna is N35 per share as of when checked,
it has formed head and shoulder pathern waiting to break it resistance 37.65 in order to create a new support at that level.
l will wait for it to get at 37.65 and wait for retracement before deciding which direction it heading to whether upward or downward price movement.

if it fail to break 37.65 resistance, i would advices to sell . unless there is a fundimental news to support.

DUD.

With sentiment of dangote PMS which eterna is one of the marketer,I expect eterna to touch #65 and above. All that is needed now is for dangote to start suplying PMS and everything will fall in place.also with anticipated improved Q3 result forget!.

ProphetUtuocha:
Soon, when Oando breaks the 100 nautical barrier and cruises pass it, some folks will start struggling to jump onto a moving plane. Na wao!

The prophet is here again

designking:
I just sold my Oando, Japaul and Eterna Oil stocks.

They are currently at critical positions and anything can happen. I will enter again when they pullback to a good entry position.

Why is that once some of us sell, they will start stating doom for the stock

Locotrader:
Some people sold their oando prematurely.
Since then,they never forgive themselves.
They now show their greviences in other warming stocks.

With this present Govt,you can't be wrong investing in stocks like Japaul and caverton,cileasing.

Whether you like it or not,see them to the skye.stop kicking the tipper,you will wound your leg.

I have Carverton but have been silent on it and no one has seen it to criticize.Dont allow them to demoralize you on good things.

I know why Japaul didn't respond to 10% call yesterday and was a good opportunity for me to pick good quantity at a discount.

It's a matter of days to see Japaul at 3.50.

Prof call at above #15 is sure with the current Administration and Govt influence.

There is one of top ogas who said no to Japaul rise yesterday.when he is done with his game,we can break into a new high.

Godlyguy and streetinvestors are groundnut and kolanuts in our mouth.we can chew them at anytime.
They can't influence the market.Follow people who can influence the market.

I will be on guest mode from this morning till the end of 30 days and I will be back again.

Japaul
Caverton
Cileasing
Chams
Oando
Aiico.

If you have them,hold tight.
Favourable Govt policies in sight.

Till October 15

Enjoy

Locotrader:
We have pointed a stock that will do wonder.
The rest will be story in the future.

Thanks to the volume traded these days.
Maybe after these consolidations,the break out will occur sha.
Volumes speak

Oga Loco is Chams still a buy.

Agbalowomeri:
TA/FA, do not ignore the insurance sector

Noted

currentprice:
not a banking stock bro, it one of the popular stock that got battered during those bear period, though like any other stock, price up more than times 3 since then but doing fine fundamentally and the TA indicting preparation to fly

do ur home work small as ur DD

It should be flourmill

megawealth01:
This is wrong to say... Try and remove emotions in the game of wealth

Prestige etc

Oga mega your prestige is almost on full offer @ 0.52

mikeapollo:
A very good perspective.
Again, it could be suicidal for Oando to try and buy anything like government asset or property, considering all the bad press, controversies, rumours and misgivings about the importation of fuel from Malta.
The upstream sector and the assets under Oando are lucrative enough for the company to do well and make good returns.
Unlike the upstream sector where Oando currently operates, the refining and retail distribution sectors are labour- intensive, and I don't think it would serve Oando's interest. They just divested from the downstream, so going back to buy a refinery in the same midstream/downstream sector will be a clear case of lack of direction for the directors.

I don't think this is coming from you because you are so much in love with Oando .

MARKETJJC:
Boss man, where is Oando support base on your TA?

Bullbearmkt will help out

For me Oando movement will be determine by inside information based on the result they submit. We should watch out the price movement.

Locotrader:
Sorry ooooo.
Its against my rule.
But I am helpful here.

I understand, but what I wanted to enquire is about a personal business you once mentioned here. I have the same vision and I will be needing your guidance.please Sir do well to assist me.

Locotrader:
For those of us here looking for what to buy today,C&I leasing is not for everyone today and possibly this week sha.

This Abbey Mortgage is never for everyone.It is highly illiquid but a good stock to hold.You need a good lecture on how to acquire illiquid stocks.

Start buying CHAMS from this morning.Dont miss it.I repeat,DONT MISS IT.

Stop envying those in Oando.They deserve the reward.Not everyone can gamble oando.Let them eat the fruit of their labour.It is a #200 and above stock.Unless Tinubu is not our president again.

May you be blessed today.

Back to my cave for observations.

Oga Loco kindly reply your mail

Locotrader:
I don come again.
Point & kill

There is one stock which 3 persons here has hinted on but has not gbe body.

This stock has 64% presence in Nigeria
25% presence in UAE
11% presence in Ghana.

The stock is currently trading at 3.00
About 1.3B OS and 24% free float.

My oga cp used to hint on the stock in those days before it embarked on reconstruction.

The stock is back on its feet with a strong balance sheet.They recommended 5kobo dividend recently.

If you decode.......the time is now.Enjoy

OGG mentioned C&I leasing the other time and people started attacking him. @ Oga Loco thanks for always giving us purchase alert freely.

thebargainhunte:
I hope they won't shift goal post again. We need refinery bull like mad.

My brother nobi small things,they keep hanging our hope

megawealth01:
Dangote Refinery Commences Petrol Production Test-Run

https://dailypost.ng/2024/08/23/dangote-refinery-commences-petrol-production-test-run-report/?utm_source=operamini&utm_medium=feednews&utm_campaign=operamini_feednews

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.

MARKETJJC:
My chair have you shifted your goal post? I thought you said 20+ the other day?

You just have to follow the market sentiment

MARKETJJC:
Ag8 what is happening in RTBRISCOE? I just dey use side eyes lookam since I came down at #1.72 but it is just moving to God knows where. Is there any other thing ?

Find loco he has the destination

yMcy56:
Too many interests in OANDO!
Some panic sold @39.....
Went up to 45.90 thereafter.....
Bids increasing......
More of traders activities.....
Support needs to be established @40 again.....

** Caveat: Not any form of advice**

YMcy is now a TA guru .Oando that will return to 30+ in few days to come.YMcy is hoping Oando will find support somewhere.goodluck

Where street dey Oando Don cast again

chimex38:
https://businessday.ng/news/article/first-pms-delivery-from-dangote-refinery-expected-in-september/

This constant shifting of dangote refinery PMS sales nawoo.

Streetinvestor2:
Very funny. It is good to have many active income.My first buy of bond was sukuk at 13 percent.I have received 3 yrs coupon on it for 10 yr maturity. That one na wale ground father loot I believe TB was during gej at 18%.
Fixed income is place to invest for stress free income from physical hustle .That is why we don't touch it because active businesses dey bring cash.Then I mentioned June and July.Go check when I was buying second batch of oando at #15..lol.The loot from oando will all go into presco. before wale can scam my type again. He did it in the past but it can not happen again. And bro I am not planning to retire at old age from active hustle. The 60 yrs thing by government standard na old age for my side of thought

Streetinvestor2:
was it through bank or broker that you purchased. I went to stanbic and they kept saying it is only that one of 2 or 3 yrs that an individual can buy.i was not ok with about 19% interest for 3 yrs (sovereign national bond)

This one you are now looking for bond to buy,it seem the money you accumulate after Oando sale is too much. Omo my brother want to play safe now.