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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 3:30pm On Apr 16

I was honestly expecting Aradel to get to 1500 around December this year. While I love my stocks to explode, i like them staying down for many months while I accumulate (like i did for GTB between 88 - 100) since it's not like i want to do anything with the money if it shoots up 200%. Aradel is currently almost 40% of my portfolio though...so I think I will have to forget about buying more for now

nosa2:
After looking at the revenue and profit break down I am starting to change my view about the company. I am definitely adding it to my watch-list BUT I cant buy an oil company when the price of oil/gas is at near record highs.

Let blood start flowing and who knows, this might just be my next darling. That refining business is super sexy

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 3:11pm On Apr 16

Aradel is growing its gas segment too because the opportunities are insane, and it underscores their efficiency (they make sure they process associated gas from their drillings). That's why i got into them in the first place, though I bought more of Seplat recently because i can see that the future of Seplat is bright.

LPG is a national policy. By the time most households begin to use gas for cooking and NLNG benefits from their increased capacity to supply their new trains, what do you think these companies will be doing in revenue> I honestly believe we are still in early days for O and especially G

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 3:04pm On Apr 16

Why do you keep saying you are bearing on O and G? Nigeria is a gas nation. nd Seplat/NNPC will do magic as they unlock. We are rapidly building out gas infrastructure with many more coming onstream. Seplat will supply gas through AKK pipeline to power stations and factories in northern Nigeria, as well as contribute their quota for the naija-morocco pipeline. Europe is on her knees begging for gas from Africa and if that naija-europe pipeline ever gets done, indigenous gas companies will be making ritual-level money...and SEPLAT is right there are the foreforont with their ANOH gas plant. You may be bearish on oil, but our gas prosperity has not even begun

nosa2:
Thanks for this.

What percentage of their earnings comes from the refinery business? I am bearish on oil and gas but bullish on refining.

4 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 2:11pm On Apr 16

Hehe, we go tell you when e reach 2k grin

. I am at least happy I put my all in it. No extra money for extra buying even though I'm about 120% up at this time

nosa2:
What do you guys see in Aradel?

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 1:28pm On Apr 16

Shey person don see Aradel result ni?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 1:08pm On Apr 16

Would have bought more MTN todat but I have run up my average cost from 510 to 700 over the last few months. I no wan cross that line tongue

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 1:07pm On Apr 16

Looool. Why did you jump off before?

Foodlyn:
Is it ideal to re-enter Aradel now pls?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 9:27am On Apr 16

Somebody in Dangote should tell us when Fertilizer is listing nau angry

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 5:34am On Apr 16

According to this, DR is not qualified to list since he hasn’t been operating for three years yet.

chimex38:
Na DR and him Fertilizer be the target.
https://businessday.ng/news/article/sec-sets-n7-5bn-capital-floor-to-shield-investors-in-ftze-public-offerings/

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 9:28pm On Apr 15

Alapereketu:
All these stock stuff don cast

Find for better things to do

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 3:23pm On Apr 15

Well, na the same company and shares. These things have a way of balancing themselves across exchanges, so just surprised at the opposite behaviour today.

For eg, yday, it was exactly $0.1...which was the N135 that the NGX version was trading at at about the same time.

yMcy56:
Is LSE and NGX the same?
Stocks go up and down for different and numerous reasons...
I've seen quite some comparisons here in recent times.....
Make each Exchange dey carry its own cross o. 😊

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 2:52pm On Apr 15

GTcO is 11% down in London. Anyone know why?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 9:51am On Apr 15

What does the CBN do with the results? They read it first to check if its correct? WIll they send it back to the bank to rewrite if it's not what they want to see?. What exactly are they looking for?

Byankee:
Banks results coming so late started with this Cardoso CBN, April is now becoming the new normal for FY results to be released, they are forming as if they know how to scrutinise Banks.

Back in the days, we used to have some FY results in February of the following year.

CBN can be more efficient I beg, time is of essence

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 2:21pm On Apr 14

Seplat is a gas play.

nosa2:
I am very bearish on oil and with Seplat trading with a PE of 25, you need to have titanium balls to buy at these levels

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 1:17pm On Apr 14

WAPCO trading at 240. Glad i bit the bullet at 160 - 190 instead of waiting for a pullback.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 1:15pm On Apr 14

I mentioned it as a great way to get it 'cheaper' if you don't want to buy at 10500. Arbitrage trading may likely not be profitable after costs

Valthegreat:
Is it possible to buy in London and sell in Nigeria?

It won't stay cheaper for long though. People will still rush it there and close the gap.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 12:53pm On Apr 14

Currently trading at 5 pounds on the LSE...which is about 9160. More than 10% gap.

debeey87:
officially moved to 10,450

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:31am On Apr 14

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 10:14am On Apr 14

I always dip my fingers in first even at a high price just to say that I have now committed myself.

jonnysessy:
Once a good stock is discovered just buy it, stop waiting for the dip that might not come. This is what i have come to learn in the stock market. I have missed many good opportunities because of this type of holding on. You can even buy in tranches so that you can always average your price.

Lesson learnt: Procrastination is the thief of time.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 10:13am On Apr 14

Hehe. I suppose it depends on goals but I have not yet sold anything to book profit. If i believe in a stock, then selling to book profit is counterintuitive since it reduces my longterm profit.

Willie2015:
Target is N12k...
I sold half of my portfolio to book profit....
Will buy the dip if it ever comes...

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 10:12am On Apr 14

Currently trading at 10500.

jonnysessy:
Once a good stock is discovered just buy it, stop waiting for the dip that might not come. This is what i have come to learn in the stock market. I have missed many good opportunities because of this type of holding on. You can even buy in tranches so that you can always average your price.

Lesson learnt: Procrastination is the thief of time.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 8:45am On Apr 14

N9500 too ambitious for the value that will be unlocked on the AKK and OB3 pipeline, subsequently making us a ‘gas’ nation? No wahala, let them sell their Seplat to me.

Sunrisepebble:
Someone said 9,500 was too ambitious. Hold onto your Seplat please

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 6:58am On Apr 14

Seplat traded at 10k yesterday.
I got my eyes on it at 8.5-9k.
Ignored opinions that implied I should wait till dividend kinikan for a dip. There is too much potential in front for such considerations.
Time in the market is better than timing the market. Won’t gamble an investment decision because a stock MIGHT drop 5%…that is inconsequential for a longterm holding.
If it dips to 8k, I will buy more, if it never dips that low, I have secured my bag already.
Looking forward to 15k over the next year or so.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 4:38pm On Apr 12

marvedu513:
Thank you for your reply. Can Sterling registrar be found in any of their branches

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 1:59pm On Apr 10

GTCO dividend qualification date is April 13, next Monday. If one buys today, would they be qualified (even though the shares aren't yours yet on CSCS?)

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 10:09am On Apr 10

Just keep clicking submit fast. It will work. I used it yesterday.

4willer:
Hello Fam,

I have often been issues with using the dividend page with the link docuhub3.nibss-plc.com.ng/edmms/self-service

Am I using the wrong link, or has it ceased to work?

Thank you.

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 2:41pm On Apr 09

I am not sure about this one.

HesInMe:
Thanks. You still have to submit even if you have other shares from the same registrar?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 2:41pm On Apr 09

I understood it as 'everytime you buy a new stock ticker for the first time'

yMcy56:
Oga Sir, not so o.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 1:56pm On Apr 09

Yes.

HesInMe:
Do you have to submit an e-dividend/bonus mandate to alert the registrar each time you buy a new stock?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:26pm On Apr 02

Many people kept saying they believed in Chuka Mordi, as if he was the former CEO of JP Morgan. Oh well. We have seen the end of it.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:25pm On Apr 02

The Kpakus discussions have been a very funny part of this thread. I joined NGX around when it started and I had very good laughs. I didn’t know Ellahlakes since I was mostly a US stocks person, but I thought it fascinating that people believed that a company worth almost nothing could raise 250bn just like that…putting themselves in the same leagues as PRESCO that has been here for decades….even possibly dragging the same acquisition.

Thank you all for the laughs.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:21pm On Apr 02

Streetinvestor2:
Jokers think say 250 billion na beans. They no even see 10 billion..lol
I remember how people here said it was possible with thr new person. See yeye people that can't even rent decent office. They will soon sell that thing they call mill to scrap guys..lol

😂😂😂😂

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