₦airaland Forum

Locotrader:
Every stock you heard from me is a good buy/hold.

Champion
Royalex
Aiico
Cileasing
TIP
Japaul
Multiverse
Chams
Abbey building

Now I want to tell you that plenty money will be made by people in junk stocks like

Omatek
Daarcom
Tantalizer
National sports lottery
Deap cap
Universal ins

Let's enjoy the karakata and also prepare for the negative side of it.

After the rain,there will be flood for months

NOwazobia:
Very cunny man that has no single truth in him.

Locotrader:
I am also expecting stocks like Gtb,zenith to touch 100 before Q1 2025.


UBA ,Access,FBN etc follows like never before.

When you see this type of bull,what will come to your mind?

It's coming

Locotrader:
Make all you can this year and Q1 2025.
Next year,there will be dilution in bank stocks which will trigger panic sells.

Normalcy will still return later in the year 2025.
TA will will work very well and 10-20% Jijo will rule the market next year.

Everyone is buying heavily now to make a kill before that time.........

I am just sighting

Locotrader:
General bull is fast coming.
Everyone will be a winner .
This will happen before Xmas.

vacanci:
make u dey calm down for excitement.

Ellah lakes closed today at N4.03 and not N4.38 that u screenshot. The highest price traded today was N4.14 and just very few deals

just be ready to load more at less than N3.50 as their q3 usual blank result is coming soon

megawealth01:
Seems you don load finish?

FBN Holdings Plc has opened a rights issue, offering 5.983 billion ordinary shares at 50k each to existing shareholders at N25 per share, in a bid to raise additional capital totaling N150 billion.

Blaqq2:
Pro's in the house
lets say you technically have 100k per month to invest in stocks
what strategy is best

buying multiple stocks and increasing them gradually each month
or focus on a single stock per month?

Nigeria’s Stock Market Surges by 38% in Nine Months, Adding ₦‎15.66 Trillion


Amidst turbulent economic challenges, Nigeria’s stock market has demonstrated remarkable resilience, posting impressive gains that underscored investor confidence and market vitality.

Ginalex:
Walahi talahi... You get it. cc @designking @ositadima1

ositadima1:
Let's be discussing with understanding. If the minimum wage was ₦30,000 and is now ₦70,000, consider how many federal and state government workers there are in Nigeria. Multiply those numbers and you'll see where these figures are coming from.

Now, everyone is talking about minimum wage, but do you realize some people's salaries will increase from ₦10 million to ₦14 million per year, while others will move from ₦4 million to ₦6 million, depending on their level?

I don't understand the arguments you and the other person are making. Even if they only add ₦1,000 to your salary, your purchasing power is now higher than before - at least you can afford an additional bottle of Hero beer.

Pesuzok:
Are you sure you go to the market?

Bagwa:
16 Nigerian Stocks to own in 2025 :

1, Julius berger plc: N164 / first half earnings: Turnover: N243b & net profit : N11.4b / e.p.s : N7.17/ p.e ratio : 22/ Target is N250

2, OANDo plc: Share price : N77 / 2023 earnings: / e.p.s :N6 / p.e ratio: 12.8/ Target is N200

3, Presco plc: N485 / First half Turnover: N88b & net profit N38.8b / e.p.s N 38.8 / p.e ratio: 12.5/ Target is N650

4, Custodian plc: N11.65 / First half earnings: Turnover: N60b & net income N22.1b / e.p.s N3.77 / p.e ratio: 3.09 /Target is N18

5, UACN plc: N20.2 / First half earnings: Turnover; N83b & net income N8.9b / e.p.s N3K.04 /p.e ratio: 6.7/ target is N35

6, Conoil plc: N176/ First half earnings: Turnover: N180b & net income N8b / e.p.s N11.56 / p.e ratio; 15/ Target: N250

7, Total plc: N673/ First half earnings; turnover: N529b & net income N20.5 b/ e.p.s : N60/ p.e: 11.2/ target is N1,000

8, Bua foods plc; N 394 / First half earnings: Turnover:N 672b & net income N130b / e.p.s :N 7.27 / p.e ratio: 54/ Target: N550

9, Geregu plc: N 1,150 / First half earnings: N80b & net income N20b & e.p.s : N8 / p.e ratio: 143/ target is N1,500

10, Zenith Bank PLC: N37.45/ First half earnings: Turnover: N2 trillion & net income: N577b / e.p.s : N18.40/ p.e ratio: 2/Target is N50

11, Gt Bank plc: share price:N50 / First half earnings; Turnover: N702b & net profit; N494b / e.p.s : N16 / p.e ratio : 3.12/Target is N60

12, UBA plc: Share price :N25 / First half earnings: Turnover; N1.3b & net profit ; N300b / e.p.s : N9 / p.e ratio: 2.7/target: N35

13, Aradel plc: Share price: N620/ First half earnings: Turnover: N268b & net profit: N104b / e.p.s : N24 / p.e ratio: 25/Target is N1,400

14, Fidelity bank plc: Share price: N13 / First half earnings: Turnover: & net profit : N159b / e.p.s : N4.9/ p.e Ratio : 2.6/Target is N25

15, Seplat plc: Share price; N5,200/ first half earnings: Turnover: $421m & net profit: N244b / e.p.s: N91.7 / p.e Ratio: 56/Target is N,6,000

16, Access bank PLC: Share price:N19/ First half earnings: Turnover: N2.2 trillion & net profit: N281b / e.p.s : N5.3. /p.e ratio : 3.5/Target: N35

( E.P.S: means earnings per share/ P.E ratio is price earnings ratio) ( If am to select 6 best; Julius berger, OANDo, fidelity bank, Presco, UACN, Zenith)

Thanks, David atta

Ginalex:
is there an actual increase in buying power in real term? Your guess is as good as mine

phadriz:
I think it is too early to be too optimistic, so many factors need to be put into consideration e.g Budget, New Tax law, finance bill etc. People's earning capacity has been badly punctured which will affect listed companies products. If the economy trend continues in this manner, there might be unrest in the country, people will be looting warehouse for survival.

sterlingD:
The bank tire me sef.

phadriz:
I dey gbadun this UBA closing hour movement

KarlTom:
ACCESS on full bid