₦airaland Forum

stcool:
Once I exit Dangote Flour mills with my loot for the year

All the funds is going straight to the Mallam to buy dollar...even a penny is not coming into the NSE! Until PMB wakes from sleep..

Enter Japaul with the loot....

proflomo:
The way this stock thing works is somewhat confusing. Why on Earth did somebody or some people sell ABC Transport for 27k yesterday? The thing was at 30k for about two days, they didn't sell it then. Why did they prefer to sell at the lowest price possible yesterday when they could have sold at a higher price on Monday?

Not everyone arrive and leave the market the same time.
The sellers might have not known that irresponsible money has become available until that moment.

Mcy56:
If I dont make myself happy who will? I can see you're doing same with your Chams predictions sir.
.....but it didnt close at 50k last week friday.

He has been charmed....

currentprice:
EKUU MKT O

The Bears are getting too fat. I am now following them very closely. If they don't vomit, they must poo...
One Bear is about to start vomitting blood...

Bomboclad:
Nigeria is finished!

https://nairametrics.com/2019/06/11/nigeria-spends-50-of-revenue-on-debt-servicing-afdb/

Not yet. We are going to hire Wale to defend us...

tritritri:
Heart is heavy...my simpathy to long termers ooh.

When your input variables change, but you are expecting the same outcome, it is a strong sign that the gods are after you...
In investing, never behave like an electronic latching switch, (A latching switch is a switch that maintains its state after being activated).
Behave like the palm trees on the beach, never resist the wind!
Never respect any brand, respect only its progressive quarterly earnings improvements.
Sugar may be sweet but it is never a substitute for salt, if you doubt, next time you enter a restaurant and the soup need a little more salt, request for Sugar and run the experiment...
Stock prices most times reveal strengths and weaknesses that may become clear only after audited results...

I am waiting below N10...

stcool:
The way I am buying CHAMS...

Afraid dey catch me o!

I hope you are taking insurance cover on all these purchases....

Bomboclad:
If you are looking for a place this morning to dump your funds short-term, put it in Access, UBA and/or Guaranty; thank me later.

UBA? Yes.
GTB? Yes.
Access? Well, if it must be all three.

abc115:
Enyo bought the downstream business, while Oando concentrates on Upstream and Midstream

Oando actually concentrates on 'lootingstream'!
Nothing is getting to minority shareholders, piling up debts every year, while the management is living very large.

stcool:
Wale would still be in-charge low key while looking for a soft landing....He would definitely go,but will look for a soft landing!

Eventually, all issues will be settled politically, how I wish it ended being settled criminally.
Greedy boy!

Mcy56:
*Peeps from za oza room*

Ehhnnn, what do you expect before when you dey disturb us Yayi, na me our husband go support na. Don't be jelux, go and wait for your week and if you no see sleep sleep, make you dey watch film.

*Back to biz*

How she go see sleep when you are damaging her portfolio in that room?

PETERiCHY:
The National Broadcasting Commission has suspended the operating license of DAAR Communications PLC
Director General of the Commission Isa’aq Modibbo disclosed this at a briefing in Abuja.

The NBC boss says the decision was taken because of the company’s persistent violations of the NBC’s broadcasting Code, despite several warnings from the commission

He adds that this decision is not taken on any form of partisan consideration and the suspension stands until further notice

https://tvcnews.tv/nbc-suspends-daar-communications-license-of-operation/

Dokpesi is a CORPORATE THIEF that ought to rot in jail.

They should fine him an equivalent of the IPOs money before he can resume broadcasting.
Nice move, you can't escape with that level of theft and wish to rest in peace.
All the money made during Jonathan's campaign was cornered by this guy with zero benefit to shareholders.
He should bear his cross, we have dashed him all our shares in DAAR, let him sell them and fix his life....

onegentleguy:
Thank u Sir Nonah Awoh for this explicit input.

Luckily, some of us saw most of these concerns and red flags in OANDO years ago and took to safety.
...and while we did our best to enlighten others, there is not much impact that we can make.
Because just one person like me(and maybe a few others) can not do much if and when the majority is either ill-informed, acting indifferent to matters and/or 'working against the tide'.

The urgency of the need for real/true shareholder activism is just about one of the many things we have been calling out for in years.
As shareholders, we must understand that(in the investment world) we are lowest on 'the investment hierarchy scale of preference'.
Some persons are not aware that if and when a company goes bankrupt or is liquidated, the creditors, bondholders and quite regrettably, other key domestic/foriegn investors, board members and management all take higher and far much better preference ahead of the minority shareholders. ...this situation is even made more worse by 'the Nigerian factor'.
We are far behind in that hierarchical step.
...and because of that, it's easy for some of these managers to manipulate and manoeuvre their way around, using some of the 'subsets in the hierarchy', particularly the bold, to suck up every return from a company and leave us with 'empty shrubs', if at all !!
This is why u have very few quoted companies that have managed to stand the test of time on sound coperate governance.
I have always maintained that we are not doing enough as shareholders.
The 1st step is to see ourselves beyond the traditional statement; "I am a shareholder"
It's high time we saw our stakes accross different firms as INVESTMENTS. ...as ASSETS that we HAVE TO GROW its margin.
But u can not grow a thing if u fail to, or act indifferent on the need to PROTECT IT !!
In the finance world, capital/asset preservation is thrice as important as its appreciation. U can not grow(net margin) if u can't preserve what should bring about that growth !!
In fact, its high time we became OVERPROTECTIVE of our INVESTMENTS !!
Nigeria requires us to be. ...the deficiencies here are beyond deep and the rot in the system is at best, alarming !!
I have always said that the coperate world is structurally configured 'to take from the minor and give to the elite'.
Again, we must learn to ask the right questions, speak up laud enough, and fight the right fight !! Our voices and 'its echoes must be heard without season'.
But we can not achieve any success if we work not as a COLLECTIVE and if we fail to speak with one voice !!

On an individual level, I have always advised on the need for folks to work to equip themselves with the RIGHT TOOLS that will act as shield when the need arises.
Some of my past written NUGGETS(I posted some here) can be handy tools in that line.
Like I said before; It has become even more imperative than ever to DEFINE U and inculcate in that definition, the WHY, WHEN and HOW to go about any investment before taking a plunge. ...particularly in the stock market.

Fortunately, we still do have the option to make the RIGHT CHOICES !!

Salah.

You have said it all.
'Shockholders' of Oando value Wale's words more than their deserved dividends!

If you enter a stock and they are not paying dividend, take it from me, they are either presently stealing or have already stolen everything, or are in the process of stealing, before bringing out that FICTITIOUS earnings report.
At least we all know that no law mandates them to bring the money they claim to have made and count it during AGM. Even if this was so, they will borrow it and count it, take it back after the AGM.
I honestly pray we understand this, no one can force you to become a shareholder in any stock. This is the ONLY sure way to safety.

See how people are putting head inside JA'POO'.

rebekah2011:
Thank you Sir. I hope they will hear and heed to the words of wisdom.

OGG sold to someone, if there were no bids, how would he have achieved that?
Is the person he sold to, hopefully, not a better investor now?
As long as bids and offers are here, everyone will be fine.
Shares will be exchanged for experience!

Telecom companies pay millions of dollars for FREQUENCY, it is delivered in WORDS!

No one will be cheated.

Mcy56:
The way SEC is going about this is going to indict them. Why the rush? Why weekend biz? They seems to have an agenda and the O & O guys are smart too.

A stock that will go to N100 from N5 must pass through N10, N15, N20, N25, N30, ......N100.
This is my take.
I can't take panadol for Wale's headache!

Yayira:
See me

Are you the one looking out for EFCC on Wale's orders now?
Magu is right behind you.

Mcy56:
Okay, We're watching the drama but don't forget it's in episodes. We're in Act 1 Scene 2.

Magu may act in Act 1 Scene 3.....

Mcy56:
Peter if I hear say you're not monitoring Oando price now. You've come with your over-analysis shey?
When reading about full offer I thought it would have reached 100M not knowing it's not up to 20M until I checked.

The pregnant offers are on the way. They can't be hurried. Just wait and see.

They are managing the offers to ensure they don't cause commotion. If you want, clear all these offers and have the opportunity of seeing the pregnant offers.

locodemy:
Well,if they no see who to dump to,I sense a big machete coming to devastate them inside the bus.They better break the windscreens now

This is what the insatiable greed of Wale has caused!

PETERiCHY:
First and foremost OANDO will get to 20kobo nominal value before the 10 for 1 SHARE RECONSTRUCTION will take place.

The manipulators Wale and coys are now thrown into the dustin of history.

That full offer you are seeing will soon get subsidiaries. It has not even started.
This is an accident vehicle with jammed doors!

locodemy:
Tinubu must have collected the lifeline of oando and Waka.

No difference between Japaul and oando now.

For those who assumed oando will be on full bid today,better sell your shell units now and run........#1 seriously loading,followed by suspension, reconstruction is not far fetch after all these........

Sell to who? Better buy snacks and relax in the bus. The driver has left with the keys.

stcool:
OANDO full offer

Oya, where is Yayira?

Mcy56:
Access 80M bids to 18M offers. Can we conclude its manipulation?

NO!
No one have your trading account password!

UNIONDAC is looking for drug addicted FB....

Peterichy need just N11,725 to do this....

robobo:
.

the FUGAZ are gradually back at the price range they were PRE the euphoria of MTNN so they wld need to be very careful to slot the fund back where they were pulled from. you should know as a guru and veteran that the cycle is not complete and profit not made until the funds are back home where they were pulled from.

MSCI is waging a road block!

cc: Yok..

edwardaigb:
I envy Jegede Japaul

Why?

PETERiCHY:
43m units cross-deals done so far.

Interim dividend loading...

AGM come AUG.

LOCO don't miss this LOLLIPOP experience

I believe your shares are outbound in the package, sustained upward price direction will prove me wrong....

U-BAILED -ASAP!

pluto09:
Staying out of the market could be frustrating as staying in the market.
When you are out of the market, every green day is bad news.
By their post you shall know them.

My Boss, you can won't be the one to kill me.
Every green, you quickly calculate the percentage you have lost....
Every negative move, you feel like ' I knew it"...

currentprice:
I think flourmill result is due

Mcy56:
Good. I get it now. One is on the course to deliver sentimentally after further wondjurement, Issorite. We are watching.

Few can determine fundamental value, ALL are sentimentally endowed.
Make your choice!

Mcy56:
Chai! Sugar and flour. Really cracking my head to know anser to this kwesion.
Let me take a guess: Dangsugar is undervalued while FMN is overvalued.
Just a matter of time that sugar overtake flour and reward investors........sugar hardly moves but once its set to move, it moves on steroid.
I can remember a time both salt and sugar were selling around 6naira, it stayed on the spot for long but when the bus move, it doubled.

There is real value in one and a potentially sentimental value in the other after further surgery.....

These guys will wait till market is about to close and send Zenith up again.
Sneaking MTNN's loot into the market need a clever strategy indeed...