₦airaland Forum

ogawisdom:
exactly an insider selling at 850 is not normal , i know it will drag it down to that range

Yoursfaithful:
SEC Halts Dangote Refinery IPO Promotions, Warns Investors https://share.google/2mwftRald12NAsqtj

Valthegreat:
Over reliance on AI can put people into serious trouble o!
See what I saw when I tried to check out the given account number, and the fool (AI) stupidly altered the account name to hide the information that will sell it out as an unintelligent machine.

PETERiCHY:
SPACEX gradually coming HOME to MAMA.

BARGAIN HUNTERS TAKE NOTE!

Amovingman:
How can I withdraw my funds on cowryrise please

Help me please 🥺🙏🏿

OsunOriginal:
This has been my belief... If you want to destroy a company or limit its potentials, make a Nigerian the head. The Arabs know their limitations and the reason their big corporations are not headed by Arabs - e.g. Emirates Air, etc

Egosoonstew:
Starting this month, I want to be saving 100k every month from my salary.
Please recommend a stable savings platform for a financially struggling fellow.

Sunrisepebble:
Aradel N33/1750 *100=1.9%
SEPLAT FY25 $25c*1400 / 9100 *100 =3.8%

megawealth01:
I really don't care about who becomes NAIJA President. I only care about the wellbeing of Nigerians

If you have been following up my posts from day one on any platform we share... You'd understand my true position about my beloved humanity 💕

sterlingD:
I want to ask for right issues is it advisable to go through the registrar or the stockbroker.l mean submitting right subscription

I am asking with reference to DANGOTE SUGAR right issue that is on going.

Shalom428:
NASCON accumulator won the best strategist of the bloody week. He accumulated without crashing the price. We are watching closely

NAHCO is coming home

WAPCO is beginning to look enticing

ARADEL die minute pump

ACCESS is almost home

GTCO is beginning to look sweet

What a week it has been.

Sunrisepebble:
They have too much cash in that business. And I think the Chinese want to extract as much as they can, so it’s good for us the minority shareholders. I shouted haaa when I heard what they’re planning to pay, I thought the capex would affect dividend.

OsunOriginal:
Bro, it is not just about traders. There are millions of other people who invest in stocks for future and for their children, i am not a trader but I put some money (small though) on stocks like many others. If the value grows, I would be happy.

Also, even if you don't have anything to do with NGX and you are an independent observer of event, that stock value is growing may convince you that the government is doing something. It is the same reason Trump rushes to social media each time stock value goes up in the US.

KarlTom:
We have more people using calculators instead of keyboards...

The RED seems to be waning though

OsunOriginal:
That exactly is the problem. I think the politicians are trying to ensure Tinubu is not able to use the NGX growth as an achievement. The downward trend started the week someone linked the NGX growth to Tinubu's policy. I may be wrong.

For now, I will stay on the sideline watching the happenings until after election.

Oasisblue:
When will it kick in?

Mpeace:
Anyway, it Aradel does good, we only need 10k units to move prices. But Seplat go suffer, especially under elumely wet no dey help price rise.

megawealth01:
We hope for sub 10 naira

yMcy56:
Femi now controls 20.42% equity shares of First Bank....
Above 100 still beckoning once papa is ready....😊

** Meanwhile, accumulations is still ongoing in NASCON....
I hope it's not Ote$$ that's taking position here as well....

We need to know who's behind the 70M units of DANGCEM crossed yesterday and those accumulating NASCON....
Something seems fishy here...

PETERiCHY:
SPACEX dropped from circa #200 and touched circa $170

CURRENTLY trading @t circa $180

SWEET SPOT is circa $150

BARGAIN HUNTERS TAKE NOTE!

megawealth01:
In another news SPACEX 💕😘💕

awesomeJ:
The main issue was that the market needed to do something to end the annoying illiquidity. The easiest way would be for them to revert to the tiered volume requirement they had in place, but that would then bring back the original issues that made them amend the rule in the first place, hence my suggestion.

I do not know what your interpretation of my suggestion is exactly, but it wouldn't at all imply a case by case intervention. Just a genral rule in their code like so would suffice:

bool price_moves = volume_traded >= 100, 000 || calendar_days_since_last_price_change >= 90
if price_moves == true
set_new_price
simple algorithm that's that one patch and would work every time for every stock.

They probably just chose to go with an algorithm they already previously had in place.

awesomeJ:
As a matter of fact, SEPLAT is currently being affected.

It trades at £5 in London (about 9300), but NGX quoting it at 11363 cos of their 100k rule.

It's why there are lots of offers at 10k with no buyer.

If this rule had been in effect today, seplat would have dropped to 10200, then tomorrow, bids would show up at 9k.

It's just basic market knowledge, but I don't believe you trade full time @d..wing

awesomeJ:
This is your uninformed opinion. I don't think you should be advertising the ignorance.


SEPLAT was also once affected for nearly 6 months, but your history of the stock is apparently short and limited.


It's not up to companies to decide whether 1 unit of trade in their shares will move price or whether it'd be 100k units. It's exactly the responsibility of the market, you not knowing that is funny.

awesomeJ:
follow up in January:

nosa2:
My view on palm oil companies in Nigeria is not based on the global market but on Nigerian government policy