₦airaland Forum

Engineer123:
Good morning ladies and gentlemen. I'm a novice in NGX. Please, kindly recommended a good app or website for investment in Nigerian stock exchange. Thanks and God bless you as you recommend a good apps.

Meritrade by Meristem Stockbrokers.

iTrade by Morgan Capital Stockbrokers

Those who bought Dangote Sugar are already countering my posts.

I'm not against you gaining 40 to 50 percent in your invested money.I pray your wish should come to pass.

crownprince2017:
There is a lot of gap in your investing knowledge, there is difference in accepting you don't know, knowing and willingness to know what you don't know, you failed at everything.

You only believed in only your view because you see it as the best.

Even buffet admitted he failed to realize the prospect of tech companies on time.

The same reason dangote is poor compared to Zuckerberg despite his years in business before Zuckerberg came to limelight.
Everything is about perspective and willingness to learn new things. What you know could be making money but what you don't know could make you more.

What is the Genesis of dangotesugar loss in the first place?

Is it a sectorial issue or not?

Was it a good company before that?

Answering the above questions will make you appreciate the board.

I'm curious to know wat you would have done differently if found in the same shoe.


Well I said it last month that dangotesugar will be out of loss this year and I gave my reasons.
No any surprises for me.

Mr Guguru,you have started again with your gaslighting?

You said Dangote (a man whose networth is more than 20 billion US Dollar)is poor?

Has Dangote Sugar paid dividend in the past 10 years consistently? Like you know I don't do mediocre stocks.

EDUECO:
UBA , Zenith Bank , ACCESSCORP,GTBank,Fidelity Bank ,UCAP,et cetera.

They are all going to declare good Q2 and half year result.

Stanbic bank and WEMA will also declare good result.

Even FirstHoldCo that has been gereguralized will also declare good result; but I am not sure the good result will translate to good dividend.

Sabiboy99:
Kindly list the companies that has never made loss in the past 10 yrs.

UBA , Zenith Bank , ACCESSCORP,GTBank,Fidelity Bank ,UCAP,et cetera.

Yoursfaithful:
Your banking stocks weren't a profit making organizations all through from inception..am sure at one time they were going through some financial challenges and here we are today.
You need to know when to key in the market especially when you're sure of a company's prospect in future.
Oh you expect me to key in when they start reporting massive profit and price is almost 200naira then right..

Your are probably right

ndept:
Gbam. You hit the nail smartly on the head. Even, majority of those complaining here about insider trading will do worse if they are in the position of those they are accusing of insider trading now.

Please tell me, from where do they think the Elumelu wife and family got their information from before accumulating transcorp shares when it was trading around N1? If not from the CEO himself. Is that not an indirect way of Insider trading?

Just like what took place in banking stocks recently.

jonnysessy:
Simply put, every man for himself. God for us all.
This is just your summary and i believe you. Everyone is marketing his or her own stock because NSEMPA has the market. If everyone here is convinced by a member to buy a junk stock, because of the population we have here, you will see quantity traded and price movement will follow. The promoters of the stock will cash out leaving you to tie your hard earned money in junk. If you have anyone here playing the role of a good Samarithan then he is charging money in another forum for his wealth of knowledge. There is nothing free anywhere, even in Freetown. The game remains the game

What I detest is the marketing of loss making and non-dividend paying stocks.

Yoursfaithful:
Did you really study the results sha..whopping loss keh..infacts it's the best results so far for Sugar.loss reduce drastically

Your are glamourizing mediocrity!

Loss is loss, whether small one or big one.

The group reduced half year loss is 22 billion Naira. It made massive loss in Q1 and it made profit in Q2. To me this is a mediocre result.


Why should I buy a loss making company when there are companies that have never made a single loss in the past 10 years?

Yoursfaithful:
Did you really study the results sha..whopping loss keh..infacts it's the best results so far for Sugar.loss reduce drastically

Your are glamourizing mediocrity!

Loss is loss, whether small one or big one.

Racoon:
Meanwhile, repentant, deradicalised and rehabilitated BH terrorists are being well fetted than the Nigerian army even sipping juice. Make una dey flex muscle against armless civilians instead of facing your oppressors.

They're too timid to to demand accountability from their superiors.

ogaemma:
For no reason should you encourage your children to join the Nigeria Army, Police and Correctional Service.
Many motor park boys are living far better than them.
They are slaves in uniform.

Slaves in uniform that cannot question the corrupt tendencies of their superiors.

If you're shocked by this news,then you just got into Nigeria.

Ginalex:
NAHCO my love. The relationship was good while it lasted. Exited most of my holdings at 117.2. Sweet 55% ROI. Left tashere 2k unit for monitoring ... What to buy is the next wahala. abi I should load more Cadbury

Buy Ellah lekos, Daars Communications and Japaul diamud!

Just laughing in Chinese

RealAdebisola:
5 years and something as simple as name change is still not resolved?

Are you sure you really pushed hard for it.. because if na me, Na class I go dey sleep inside campus until it gets resolved before I go return to base o.

5 years wasted just like that??

It wasn't wasted,the experience supercedes mere paper certificate.

McCoy662:
the woman I met at the student affairs is even ready and willing to help but my department is not helping matters. And the big problem is that the correction must be initiated by my final year course adviser but they are not ready to do that in the department

You knowingly or unknowingly offended some folks in your department.

Rindo69:
Since 2019 you haven't been cleared, thats 6 years ago.

Move on, even if you are cleared today, the degree is pretty much useless cos there are newer graduates who are younger.

You are in a mental prison and you will be attributing your lack of progress on the degree but you know that you are looking for an excuse to pin it on and the delay by the school is perfect!

Forget legal options, youll be in court for another 3 - 4 years and before you realise it , you are in your late 30s chasing a 10 year old obsolete degree !

Learn a skill or start again but the worst thing to do is to do nothing!

Peace

The is a great advice.

He is probably in a mental prison.

McCoy662:
Niraland family Please I really need your help on this matter. So sorry my writeup may be long.

I graduated from University of Benin in December 2019. Due to lack of funds, I couldn't go for my clearance until about a year plus later.

The time I went, everything was going on well until I got to the student affairs department where it was discovered that my name was wrongly spelt.

The mistake was from my department and j was referred back to my department to get it corrected before I could go on with the clearance.

I went back to my department, met my HOD and explained everything to her. She asked me to write a letter and give to her secretary. I did and asked the secretary how long it could take and he said maybe 2 months.

Two months later, I went back to the school to check and the error was not corrected. I went back to my department and the HOD again said I should write a letter. I did and months again, nothing changed.

The cycle continued until I ran out of funds to keep going. Each trip cost me over 50k then. I sent my friends who were still in the school then to help me remind her. They did, even submitted another letters, still nothing changed.

Last year around July, I heard that the department had got a new HOD, I gathered some money to go and see the man and see if he can help me. When I got to his office, I explained everything to him and he said that I'm not serious. That he has been HOD for some months and no such complain has ever come to his table. I then told him that I have sent letters countless times to the former HOD, though I haven't sent any letter nor came to the department since he assumed office due to financial constraints.

I told him that I asked my friend who reside In Benin to help me get his number so I could reach out to him. Then he flared up, insulting me and my generation. That I have no professor in my linage and why should I be asking for his number. He said we are not mates and all. After the whole insults. He still asked me to write a letter and submit with his secretary, with a copy of my "school screening certificate" and "eligibility slip" to verify my real name. I did, and it's almost a year now. Yesterday I called the clearance officer at the student affairs department and she said "Iyede they never do am"
And don't know what else to do, it's over 5 years now since I graduated. And the fault is not from me. All my documents has my correct name, even the screening certificate and eligibility school issued by the school all has my correct name. My online student's kofa page, has my correct name. So the error is from them.

And in a country like this, after 5 years, no any work experience, no certificate to even apply for any job.
I wish to take them on legally but can I get justice without connection?
NL big fam please if there's any lawyer here that can help or you have a connection to who can, please do.
Help me repost.
Admins pls help move to fp

Nigerian public universities have this mentality of always treating their students like slaves.

I believe you knowingly or unknowingly step on toes in the University of Benin. UNIBEN is known for victimizing students that dare to challenge authority.

My candid advice to you is to forget about that their 'useless' certificate. From your writing,your are not a dullard. You have what it takes to make money;which is your brain power.

Please,stop doubting yourself;your financial success in life does not depend on a mere certificate from N.B.M University(aka UNIBEN).

Payunsin:
Sir Loco n ogas in the house.
I am searching for stocks that I can over load n go sleep. I am looking for companies that are growing or coming out of dept n poised for enormous growth.

Shares that in future, people go dey wonder how u manage accumulate that many units in summary.
.A lot of stocks has passed it, which n which remains

The past and the now are the determinants of the future.

I hope you got my message?

KarlTom:
Massive reduction in Finance costs.
Over ₦12.7bn paid as bank charges in H1 '24 😬

Probably imaginary bank charges.

emmanuelewumi:
I don't buy any stock that involves praying, fasting and going to the mountains.

Any stock that give me High Blood pressure whenever, Street investor cast the stock, I no dey buy.

Quite frankly,you have spoken nothing but the bitter truth.

The culture of mediocrity must be discouraged and banished from Nigeria.

Bad management is the major cause of poor company performance in Nigeria.

yMcy56:
...but why not respect other people's choice nah?
If you want pictures, go there yourself and stop disturbing us here with Ellahlakes..
It's not the only stock on NGX!

That was how you won't allow us hear words on Oando that time, just to eventually see you benefitting from the company you said "e don cast" ...... yet prevented many from taking part in the rally!

Ellah is a company some people are toiling day and night to turn to a success.....and here you are behind your keyboard, spoiling and bashing it....
The next thing you'll call yourself a patriotic citizen?
Can you pls leave ELLAH for those who believed in it while you face your own fundamental stocks!
All these your rantings is becoming monotonous, time consuming and boring abeg!
Someone will come here and meet lots of pages with meaningless posts upandan .... abeg nah!

You're always fond of this behaviour:accusing someone of the behaviour you're guilty of exhibiting .

Let him air his views on any company. This place is not a cult or gang;and as such,we are not supposed to behave the same way!

Streetinvestor2:
I can assure you that Ellah kpakus project on this thread will never work
Tomorrow any move they make.I will call it out.
They should be giving us facts to go verify. How is a business everything is secret. They should provide work in progress of the baby mill.we saw dangota rice factory here

You're right.

The gere.guralization of FI.RST.H.OLDCO has been finalized.

Dividend yield of 2% is imminent.

EDUECO:
Sell your low quality stocks while there are still buyers because a time may come when you wouldn't get buyers.

ACCESSCORP at below ₦30 is a good deal. ₦3 dividends from interim and final devidend is very sure for 2025 financial year.

ACCESSCORP's Q1 2025 earning per share of ₦4.88 is enough to pay the dividend for 2025 financial year.

The p.igs and pig.lets are already gnashing their teeth!

The mon.ke.y hun.te rs are already celebrat.ing their truimph.

Sell your low quality stocks while there are still buyers because a time may come when you wouldn't get buyers.

ACCESSCORP at below ₦30 is a good deal. ₦3 dividends from interim and final devidend is very sure for 2025 financial year.

ACCESSCORP's Q1 2025 earning per share of ₦4.88 is enough to pay the dividend for 2025 financial year.

otokx:
The funny thing about ACCESS is any amount you put to BUY they will SELL if within range.

32 Naira price is so close.

emmanuelewumi:
Over N310 billion or about $200 million.

He can't get into any stock on the floor except through cross deal.

Cross deal will require a big investor exiting his position for another big investor to buy.

Outside of this he is okay getting about 18% or about N54 billion from Federal Government bond

What about buying 500 million Naira worth of shares every trading day for like 2 years?

SonOfNobody:
I bought cileasing @ 9.56 on Monday, I have lost about 25% in just two days. . I hope it does what locotrader and mega said it will do, make my trading funds no go turn investment funds.

After all my preachings?

otokx:
I have my doubts but then let us see what happens.

What is your doubt?

At current price,10 percent dividend yield is a good one.

Kesta22:
please Make una carry me along na

Follow your heart.

If I were you,I will go for ACCESSCORP.