₦airaland Forum

Let LP and PDP also buy vehicles with public funds and give to youth.

yMcy56:
Boss, based on Sunrisepebble's post on a majority shareholder selling some stakes, you may have to keep eye on the movement first sir.
Just in case you didn't see his post.

Hope Aradel is not a case of pump and dump ooo.

RodgersAkpafu:
the question then becomes
What IF it doesn't bottom out ?
Isn't it better to use the laddering approach to enter the stock IF there is a common consensus that the business is going "somewhere" ?

Yes, that is what I have been doing. I have been buying 1,000 units every time it dips (10%).

We can't tell for sure if this will continue till ₦200.

MadmaxX489:
Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.

I agree with you. Aradel is no where near the fundamentals of Seplat.

Aradel is a light weight and prices might dip more next week. Best option right now is to allow it bottom before buying.

What is Aradel price right now?

The Ding guy is absent today

Toluway:
My UBA no be mm o. Na legit movement to over #30 😀

UBA is blazing

Why 9months.?

Of what use is this letter to the current sufferings and pains of Nigerians?

ositadima1:
Oga Emma, not like that o, u know say na u teach me work. Na you I follow enter Total in 2021, na u still make me sell my gamble in buacement after it did that 40%, na so I carry enter Total, that dividend Total pay last few months ago, sweet my bele wella. But u see Oando, him time go come, Oando go even do him own 1000 sef when matters set.

A ₦1,000 Oando has a valuation of 5times Seplat. That will be a behemoth

KarlTom:
Stop using whatever app/broker you are currently using to monitor the market.
You seem to be a trader.
Get a broker with live market data...

Can you recommend any good App to track NGX live stock prices... Bamboo is messing with my head.

Sunrisepebble:
495.10

I thought that was the price it closed yesterday

Sunrisepebble:
It is down 10% sir...

What is the current price?

USAfall2024:
gods of Bargain Hunters, abeg let Aradel close at 495.10 today and go full offer again tomorrow @445.60 so we can finally buy into this wonderful company🤲🏽.

The Aradel price didn't move today and I don't think it will do a full offer tomorrow. The downward movement has been slowed.

yMcy56:
ARADEL
Officially @495.10.......even with the N8 interim dividend....
Anyone planning to load or average down should just watch the movement first.....

JB Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/42555_JULIUS_BERGER_NIGERIA_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Yes oooo. It looks it can dip further down. It is better to wait until it bottoms

Aradel has refused to dip further. I was hoping it will dip to around ₦450 today given the beating it took yesterday.

Zegra:
Lol
Dangote sugar is inching up

Inching to where? Lol

sterlingD:
NASCON Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42550_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Hope this is not as bad as the Dangote Sugar?

Where is the evidence?

Just raising issues without a proof is junk journalism.

Aside Wapco, which other stock is good to buy for capital gains right now?

Also I want to ride the Aradel downward trend... buying more whenever it dips 10% till it bottoms.

Time to cut my losses with Nascon and Dangote Sugar. Alhaji doesn't seem interested in any other business in his Group other than Dangote Refinery.

Dangsuga might even go below ₦25 in the coming days.

naturalflow:
Dangsugar in a very bad shape.shareholders fund wiped out.chai

Really?

naturalflow:
No interim government from presco?

You mean interim dividend?

Ades1:
I bought today at ₦497, I will double down at ₦300

Yes ooo... No retreat no surrender. If it dips further tomorrow, I will load more.

Aradel might likely hit ₦300...

cocolacec:
Aradel now N495.10.

Where did you see that price. Aradel is still trading above 500.

ndept:
https://doclib.ngxgroup.com/Financial_NewsDocs/42494_ARADEL_HOLDINGS_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

EPS of 25.45k as against 4.41k

Fantastic...

I had to buy more Aradel today due to the dip. I pray deeps further to ₦480 - ₦450 so that I can load more.

Full bid and full offers everywhere today.

I am exiting Ellah Lakes to enter Lafarge (Wapco) and Jaiz bank.

Ellah Lakes might dip to ₦2.5 in the coming weeks. It is better to exit now and re-enter around ₦2.5

Is Meyer Plc under suspension?

My sell order keeps failing

ositadima1:
Have you considered that the naira's value is not what it used to be? All that money you think you're seeing isn't worth as much anymore.

Let me give you an example: a nurse who traveled abroad in 2021 managed to save over $50,000 in three years of work. When she decided to invest it in the stock market, she was able to invest over ₦80 million. Previously, that same $50,000 could barely raise ₦25 million. (Please don't argue about these amounts - I personally know someone who did this.)

All these billions and millions you see are inflated. One plot of land in the villa - I'm talking about land inside, not along the road - is now selling for ₦10 million, something that was selling for ₦2-3 million not long ago.

The point is that most stocks are undervalued relative to the current naira valuation. That's why I was talking about recalibration, so we can perceive the true worth. Most people still look at the naira the way it was a few years back and use that as their reference point.

What I'm saying is quite easy to understand, but I know ego will prevent you from accepting it.

Very true. There is a need for a company's worth on the NGX to be recalibrated because all their product prices have been recalibrated even salaries recalibrated... So why won't the companies networth recalibrated.

It is not actually a bull run, it is just companies recalibrating their networth to current realties.