Locotrader: Instead of you to give me answer to my 2 worries, you are showing me advert of 2035 which is not reflecting in the results.
I sighted Japaul in Q1 2023 with a good result.This is exactly one year.The stock price then was 27kobo.They did well in Q2 but for July to sept and oct to Dec is signaling a different thing.
Except the right issue or private placement of 2.50 which will shift the floor price to #3-3.20,I am not pleased with the quarterly results so far except there is an improvement in this Q1 2024.
Again, you said they are being conservative in their results, do you think you are saying the truth.i have been searching for their mining business in their reports for sometime now hence I agree with streetinvestor2 on his findings.
The numbers I used to see Q by Q,I don't see again.The overall result will never deceive me. Now is the time to show us they are into mining and I will carry on my advert or divert to multiverse....
Bros, just show him this advert. No long grammar...
Locotrader: Multiverse with 400m os is set to make money for shareholders in the mining sector.
Japaul with 6b os already plus 8b shares for right issue which will bring the total os to 14b is worrisome to me.They need to work more on their revenue and profit because of this large os I am seeing.Dilution in sight.....
Secondly, their July to sept revenue/ profit declined and now the oct to Dec revenue/profit also declined.
I am worried how the Q1 2024 will be following these declines.They had a very good Q1 result in 2023.Does it mean the dredging business which is their main source of income according to report is no more giving them money or major contract is terminated?
You are a very smart fellow. No gree for any price above N2 now.
Streetinvestor2: In my own english understanding.The last option will happen. That is the index will use its fire power to force sentiment and volume to align with itself. I don dey sabi TA be dat....morning to all
From now on, it will be selective bullishness... Many stocks will be called, but most (those that already massively appreciated) will end up on the dance floor dey shake body upandan without real movement. If you must buy now, get to know the stocks that inflation left them behind... I would have mentioned some but doesn't have the skin to collect stones like Locotrader...
BullBearMkt: There Is Divergence Between Price & Sentiments On NSE ASI While the NSE All Share Index is rising, sentiments and volume are in total divergence with the index. What we might experience in the coming days is for the index to follow both sentiments and volume, OR for the index to use its firepower to force sentiments and volume to align with itself. Either way, 100K is a remarkable milestone level to keep a tab-on.
PLAN YOUR TRADES AND TRADE YOUR PLANS
Oga BBM, Top of the morning. Index will not be celebrating valentine...
Streetinvestor2: Madam we no dey panic. We have seen the worst days of nse..I bought transcorp at po of #7.50 and it went down to #1.The pulled back is not 10% in fundamental sound stock. It is no big deal.i want charms back below #2.And why is the pull back not affecting oando. After some considerable I will bet big on oando with my gsk money. I have come to conclusions even if wale decides to delist. He will not pay less than#20 which is more than 50% upside.... ..this is the present reality on ground.
If you listen in between the lines, the answer is as naked as an overpaid hook up G... Why can't we put our brains to work? Do you think Wale has not seen how Ote$ used Geregu? How Tony used the 'Trans twins'? How Dangote is using the 'Gote index' with his friend? The rule is that if you delist, you can only come back after 3 yrs. Can wale wait to come back after three years to chase these guys? NO! The mother of all pumping will take place this year... All the pumps since last year will only look like rehearsals when Ogogoro catch fire anytime this year. Not that Wale will pump, he won't need to lift a finger. All the loots from other stocks since last year will naturally queue here. For the rarest of occasions, you will see bids exceeding the outstanding shares of a company.
stronglink: please what is the meaning of cross deals?
When you meet Ngozi at pepper soup joint and you tell her to buy Oando shares, she come ask you say wetin be shares? You come explain tire, she no get. The following day, you still meet her for the same joint, as you wan order LIFE for her, your UBA dividend come land, you come buy her Legend, she dey surprise. You come explain say na Tony be your boy wey send you cash. As women dey behave, she come wan collect Tony number from you, she no know say Tony doesn't know whether you exist sef. You come explain say Tony dey send money for people wey buy UBA shares. She dey more confused. Na him you ask am to give you 50k and you go givam some units of your UBA so that Tony go dey send her cash twice every year. She come gree and paid you the 50K. Na him you come ask your broker to give her 1000 units of your UBA. Una don do cross deal be dat. I wan confuse you so that person wey understand no go get problem explaining it to you...
How time flies! Was privileged to know Mr. Mike during his tenure as a CEO in MTN Nigeria. ...very competent and completely equiped fellow. An undoubted case of having the round peg in a round hole!
Most folks will recall when we 1st gave out a buy and later an outperform rating on UNILEVER @ N10+ and N11.4--12.1 respectively.
Indeed, it is well!
"Call me Mike".... He did his best to dismantle the culture of eye service in MTN. Strictly went for competence. Hmmm time really flies. Some bosses became weak as boys started calling everyone by name...
Current bull will reverse once Q4 unaudited reports start landing. No matter how good the results are, correction will likely set in. Do not say you were not told... .
I will enter one of the insurance picks you listed in parables but I won't say pim even after making profits because I don't want to lead people into what I'm personally scared of
megawealth01: I just have phobia for insurance stocks... I don't know why sha
Don't chose where to be greedy in the same forest. If you won't mind taking school fees from the barber, shoe shiner, nail cutter, gate men and those guys selling at the corner shop with their gossip team, INSURE Yourself now... No one will allow you loot GTB, then come back to take control of the free float in Insurance. Ask Aiico..
BullBearMkt: lol!!! In stock market, some see golden opportunities where others foresee pitfalls while others are indifferent. All these are shaped by subjective views, experience, and intuition. It's essential to know therefore, that there's no singular 'correct' view in the market. Diverse perspectives are what make the market dynamic.
dapix: Expecting another bad Q3 result from DANGSUGAR, so the price can come down further.
Some are seeing a frog, some are seeing a horse, yet others are waiting for the artist to interprete...
No one in reality loses money in the stock market. Never! Some gain money, others take home the experience in exchange for their money which some here call 'school fees'... When you pay school fees, don't relent, go apply your knowledge and 'recover' your 'lost' cash.
God bless Samad. His days shall be long and prosperous. May his business ventures move from glory to glory. I can finally dust my building plan again. May the overzealous capitalists never see your back. You are a saviour. One day, you will remember us in your BUAFOODS too. It's not always about money, humanity first... This is a PRACTICAL PALLIATIVE.
Thank God, cement is not what you can warehouse to sell in 2027. The thing Sabi block well well
Those who trade Oando are those who used this means of transport to school.. Indomie generation should talk to elders to find out why the elders are limping. No be everywhere dem dey play betnaija...