₦airaland Forum

mikeapollo:
It would depend on the purpose and the time horizon.
In the short-term, the dollar is not expected to be too strong because of some domestic issues in the US, geopolitics etc
In the long run, I would favour the dollar as the naira may be affected by various factors e.g. if US raises their interest rates, if govt revenue or oil price/volume goes down, which may force govt to devalue, socio-economic instability, etc

What are the chances of those if happening?

mikeapollo:
Are you aware of the purpose and how long (time horizon) for which the person is holding the dollars.
What would you say if for instance, the person is hoarding the dollars to pay future school fees in 20230 and it gets to N1,800 by then?
Nobody can predict with certainty, hence no one should boast or sound condescending or derogatory

I think the argument should be the reason for the dollar coming down based on the people that believed it was not achievable then.
Is it being defended or it's just fundamental which was the basis of arguments then.

Personally, would you rather bet on Dollar or against the dollar today.

The volume in presco, wapco and jaiz

Somebody tell what is in the result of wapco the renew interest means something.

I applied for a right a day to it closing date but up till now the money is yet to be deducted from my wallet. I hope there is no problem.

I'm referring to fidson right issue.

leo1234:
Wema Bank is not getting its deserved attention.

That stock should be on full bid.


Excellent result from Wema Bank.

Na access no allow am move it's just a matter of time...once access releases their results, everyone will know where they belongs to.

If access releases a better result both will move but if otherwise, wema will just over take just like she does to fcmb last year.

Any either ways, wema will benefit.

faoogoke:
VFD Group almost on full offer

Flat results, it's expected but q1 and q2 will change the narrative.

So presco did over 156 in eps without considering the right issue dilution.

A clear message to who can decode it.

This one that agba is recommending stocks for people I hope it's not what I'm thinking.

Oyel money sweet well well.

Mpeace:
As Okomu result came below expectations, Presco suppose suffer small

Suffer ke, someone with growing farm n new acquisition that has not yet reflect on the book.
Cost control of presco is on another level now add the scale both of which okomu is suffering.

Presco has a very young plantation.

Agba this access can give you a big shutup soon let keep watching.

Agbalowomeri:
Lol over to CBN for another round of tug-of-war

I don't think because people want to open a trading account is a primary sign of a bubble.

We should be guided by price of stock being the function of earnings, large deviation from this should specify a problem that must be explain by other factors which must be logical. illogical explanations should be enough for an informed investor to stay away from such companies.

Singing bubble at any slight opportunity make the market looks as a difficult game and chase people away.

Agba wahala no too much, you want do jijo with NCR? Let people hold their NCR in peace na..

Agbalowomeri:
Na when e reach your turn village people go hook you for neck

What if I no believed in village people existence..

nosa2:
I'm with you on this. Results are proving what I suspected. There economy is recovering but the market (excluding zenith and access bank) is over priced.

Correction loading

Correction is part of the game, you can never say when it will come, stop making it look as if it's a bad thing. Infact, to some of us, it tell us how healthy the market is.
Let the correction come...

awesomeJ:
The way you mention insiders, it's almost like you consider insider trading normal. Aren't we supposed to loathe it?

Isn't it a jailable offence?

When we hate and know one care, are we no supposed to find a way to take advantage of the situation?

SonofElElyonRet:
Who really owns the gold refining company in Lagos that FG announced?

Agba, your attention is needed here.

And payout ratio of 20.7, wema is setting up to pay 2 as dividend for 2025

Agbalowomeri:
Will Wema pay N2 dividend?

With 7+ 9 months eps, yes they can.

otokx:
You see that Access, there is no price you will not see sellers.

Access stock na water..

Wema is just a result away from saying good bye to access.. na access sentiment they keep wema for that price..

If VFD group was able to raise the full 50b via the right issue and used the money as planned 2026 will be a banger.
Their ebitda tell an interesting story.
It's going to be more juicy if the interest rate cut happens steadily or aggressively.


This is my second call this year after fidson as they both faced similar problems in 2025.

DD please.

Sunrisepebble any hint on any company 2025 fy report. I'm waiting eagerly.


Agba, should we still wait for ASI at 1300 or goal post don shift..

Payunsin:
I want to gamble more onTranscorp no make it 60% of my portfolio.
The bull no touch am this 2025.

Welcome back my brother, it's been long here, I dropped a message for you here but no reply.

Agbalowomeri:
How ChatGPT take know say na late-bull we dey?

After that long write up, na only late bull you see...

Continue my oga..

Your boys still dey wait for signal oooo, we wan buy gt at 45, presco at 800 and seplat at 2500.

awesomeJ:
😁😁😁

Once they're tired of trying to understand him, they will rest.

Leave am with 500m ke, pa Emma n mankind et.al as investor fit disinvest from the company ooo..

Have been wanting ask here, between ebitda and net profit which one is the most reliable metrics.

Your contributions will be appreciated..

awesomeJ:
In the context of the example though, Agba wouldn't cause kasala, he would simply call AIICO to claim his N250m, pa Emma too would claim N250m on thesame car.

AIICO not wanting that kind of N500m shege would have reinsured the risk.

That's why AIG took such heavy beating.

Aiico no go leave sboga ooo, them go collect their money from him.

awesomeJ:
I remember his GUINNESS vs GUINEAINS episode na.

How am I sure the broker could read his email, why would they not buy the wrong thing 😁😁😁


Maybe that was what the broker could finally discern after staring at the email for 7 hours.


Same way, if he texts his driver to brake, and the driver can't make out what he types, how would he to accelerate instead, there goes Agba's tail light and rear bumper!

Agba don suffer.

The driver supposed use Google interpreter na before bashing agba car na..abi that one too no understand sboga pidgin..

I just they imagined agba with him babes against sboga n him boys causing kasala after agba cyber truck get bashed.

We go see person wey sabi speak pidgin pass that day.....

awesomeJ:
Pa Emma,
You know Agba can buy an insurance from AIICO, pays annual premium, then when sboga bashes his car, AIICO would pay him.


Now, imagine you walking up to AIICO and saying that you want to buy insurance against Agba's car getting hit, then AIICO thinks, since Agba always parks his car in his compound, you're basically paying them free premium for an accident that would never happen, so they create a new insurance product for you.

That's the story of credit default swaps.

I look forward to when our markets will have such depth. (Likely after you and Agba have retired 😁😁😁)

Which kind example be this like this...

Sboga n agba bawo....

awesomeJ:
Today that I almost discounted as not a trading day, not even 1 hour yet and it's already my most profitable day of the month!!

I'll take it as God's christmas gift to me

With this now, I've also broken out of the slow profits of October/November, back above $2k in monthly profits.

I guessed vfd buttered your bread today.

GeeKudi:
He is likely looking for Payunsin, the Ibadan poultry giant

I actually wanted to quote him, thanks.

He has been silent for sometimes now since that ngx don scatter saga by street fighter.

awesomeJ:
Index at 153k.

Some people(Agba) will buy this market at 250k next year

Brotherly, I'm trying to diversify into poultry next year, I sincerely wished you can offer some help in that regard, you can probably send me your mail so that I can message you privately regarding the areas I need help.

Thanks.

ositadima1:
Lol, which part is imagination? And yes, it can happen to any stock, but some stocks are more prone to it when current news and events are unfavorable.

I attached the GTCO chart, look at the drop inside the box (ignore my poor drawing skills). It looks small now after the recovery and subsequent trend, but at the time many people here were complaining until whoever was selling had exhausted their supply.

Since you agreed with me then no more argument.