₦airaland Forum

Thanks for this info. So what if I place and order on my Cardinal Stone before 9am or even the day before? Does it still join the queue, abi I must place it at 9am exactly?

yMcy56:
When you opened the Sell Order, it can't be showing executing because, firstly, you placed at 10.00am while Premarket starts at 9.00am.....meaning, lots of offers/sales has lined up before you come to the market...

2ndly, you placed offer at wrong price.....meaning, if placing bid or offer for any stock above N10, you should place the bid in 0.05 steps....
Example: If you placed bid for ACCESS @28.24 it won't go thru.....
The "Par Value" movement is in 0.05.....e.g. 28.20, 28.25, 28.30......31.40, 31.45, 31.50.....etc.

mikeapollo:

Every company has the right to grow., and should be encourages as much as possible and allowed to grow.
But to bypass all laid down rules, procedures, laws etc. and award very huge, strategic national contracts to cronies with dubious records, who have had little or no record of capacity and competence in projects of such magnitude, without any tender, no bids, no senate approval, no budgetary allocation etc. creates huge problems. Unless Nigeria are docile gluttons who swallow everything without asking key questions.
This is what caused the clash between Rufai Oseni and the Minister.
I don't have any shares in Julius Berger whatsoever

It's insane. One single company will take 7Tr Naira of borrowed funds to build road. No bidding, no transparent contract process. The person whose loved ones will probably be affected by the resulting inflation, corruption, lack of healthcare because they swallowed 75% of the money in a Swiss bank account and so on is defending them because 'na turn by turn'. Incredible stuff.

presiade:
If Julius Berger benefited from it, others can as well do.

Omo na wa. See wetin person dey talk.

You people are loaded o. Who is buying WAPCO at 292?

mikeapollo:
I am not aware of a past presdent/govt that took away projects from a credible Julius Berger and handed over to Chagoury Brothers without tender, cross bidding, etc.

They will use generational wealth money for six roads and ten hospitals and give their cronies to build one expresswaywithout any bidding while their supporters will be asking you which one Obi did because stock market ran up and they made 100%. Meanwhile you will vomit the 100% gains on high inflation, high fuel price, kidnap ransom, high hospital bills etc.

On April 13, they said they are awaiting approval from SEC

Ginalex:
Please, has TIP credited shareholders with their public offer units?

Mad. Na una get all the wealth. I bought at 180, but na God get us sha.

megawealth01:
That I bought this thing at sub 12 naira is funny sha

WAPCO trading at N290

I have Seplat. I bought at 9100 already.

megawealth01:
SEPLAT. I'm only holding it because of the blood money dividends get from it as I entered it at sub 500 naira

Wait, did someone here not say MTN was about to be acquired or something?

Oya drop another one

Aradel is my biggest holding at around 30%, so make I diversify one or two more 'overvalued' stock.

megawealth01:
Na me talk am

Bruh, can't forget how someone said Aradel was overvalued then. Me sef shock.

leo1234:
Every stock mentioned on this thread is always overvalued.


ARADEL @ 500 naira was overvalued on this thread.
ETI @ 45 naira was overvalued.

Like I said, listen to other analysts and DYOR.

Stock has gone up over 50%. hasn't it? Just sell the 10% dividend you want from the stock nau

Codevalley:
Exactly, too poor for the current price!

https://punchng.com/23m-plant-to-cut-drug-imports-boost-self-sufficiency-by-2026-emzor/?amp

https://www.verod.com/verod-news/boosting-the-supply-of-locally-produced-high-quality-medicines

I recall Emzor is building a very expensive active ingredient manufacturing facility

HesInMe:
Many of these stocks have had a good run, so the question now is whether the market hasn't fully valued them.

The main challenge with pharma companies in Nigeria is that, outside of a few areas (basic antibiotics, blood enhancers, etc.), the drug makers are heavily dependent on imported active ingredients, thus limiting their gross margins.

If you know any company that is fundamentally addressing this challenge, abeg tell us. That's where the real opportunity lies.

I expect great things very soon

pluto09:
https://www.vanguardngr.com/2026/04/breaking-tinubu-reshuffles-cabinet-as-oyedele-becomes-finance-minister/

Oyedele is now the minister of finance.

Wapco at 260? That’s a bit much

Sunrisepebble:
Vitafoam WAPCO
NFA/DYOR

God When?

emmanuelewumi:
Never knew I had the fund lying fallow in my stockbroking account for about a month. Just got to know about it over the weekend and decided to buy Presco yesterday. The remaining balance of of less N5000 was used to buy 17 units of Nahco this morning

I recall your cost basis is pretty low. I started buying at N950...and my cost is now N1200 but I still buy a little quite frequently. I am very bullish on the untapped (pardon the pun) potential of our quite immature(pardon the pun again) palm oil industry.

emmanuelewumi:
I did top up of additional 553 units yesterday at about N2090....

Crazy things are happening.

stokfrick:
Thanks it was useful.
I just thought to load up on some tier 2 banks, cos it seems they're about to leave the car park.

You were contacting them to buy stocks for you?

These last few days have been crazy for my portfolio. Excited for that frontier index thing that is upcoming because of how it deepens liquidity, but I hope this rally calm down or even retraces soon. I have no use for 100%+ aradel in such a short time. Make e calm down while we accumulate over the coming months.

crd@cardinalstone.com

stokfrick:
Pls can someone help with an active cardinal stone broker contact

Ah I see. thanks

chimex38:
Most primary and Secondary school Text books of those days were printed and published by the popular Longman publishers.

Learn Africa has taken over Longman.

Lol, which one is LearnAfrica? So many names on the NGX that I've never noticed.

handsomebolanle:
Vfd Group- 80percent
LearnAfrica.. 20percent
Goodluck
Dyor

Aradel trading at 1679. So it wants to give us back to back 10% gains this week?

And the dividends are sent to the same bank account?

unite4real:
I have never filled this mandate forms. I have never missed any dividend in all of about 20 stocks in my portfolios.
I guess brokers have ways of linking this to the registrars. It can only be a concern to me the moment I have a new stock and dividend is not paid.

nicestlady:
What about companies with cardinal stone registrars? Do I need mandate form?

Fill your mandate form for all your stocks. To make it easier and do it all at once, use https://docuhub3.nibss-plc.com.ng/edmms/self-service

I think they charge 250 per share mandated. That’s what I used.

nosa2:
I came back to the NGX because of the removal of fuel subsidy and liberalization of FX market. If these two things didn't take place I wont have touched Nigeria

Same. Until last year, I didn’t even remember what time the NGX opened. I previously dabbled once in 2017, sold almost immediately and forgot about it. I also believe the market will do well if any of the opposition candidates win since they are all pro-business.

The late Buhari was an anachronism that devastated us unnecessarily.

Itzlinda:
Soon you'll be the only only left in this thread that believe in wale. I don convert my remsimo oando to Dangcem. Peace of mind wan wound me
😂😂😂

😂😂😂😂😂

EDUECO:
You don't need to fill any mandate form.

Companies that Coronation Registrars is their registrar is automated for dividend payment.

It may be automated to the wrong account. That’s how they sent my Aradel dividend to a company account I opened in 2017 and forgot about (instead of any number of personal accounts I have). I don’t even know the full account number.

I mean the shareholders number is your Customer ID number on your trading app.

nicestlady:
Thanks a lot. So I don't need the shareholders number right?

If you have filled your CHN, then it’s your account number on your trading platform.

nicestlady:
I'm about to fill my e mandate form with coronation registrars for the mtn shares I got. They're asking for shareholder's number. Where do I get that?