₦airaland Forum

WrriterNg:
⚡Swedish FM Billstrom resigns after Russian Iskander visited Poltava.

Rumors are that Sweden lost the ENTIRE top management of SAAB Airborne Early Warning & Control (AEW&C) systems.

15 trucks evacuated dead foreign NATO troops and officers. 600+ dead/wounded

Jesus Christ!!!

600? Omoh

emmanuelewumi:
One of the 4 stocks I have on NASD.


Others are Afriland Properties, CSCS and Friesland Wamco

Waoooo

I will check the others up

Thanks

emmanuelewumi:
Yes oooooo. Na real money ritual.

Can you believe I bought it between 10 to 12 years ago at an average price of N200.


Half year EPS is N480 and a full year EPS of N900 is very possible. Positive net asset of N1.2 Trillion

Currently the most expensive stock in our market with a total share of 220 million

The stock should get to N10,000 before the end of September

waooooooooooooooooooooo

You bought it at 200 per share?
waooooooooooooooo

megawealth01:
I no just want to talk about investng

I did paid version of investing.com, proshare and also compare other financial sites and realized most figures are either not correct or the sites not updated to date.
From all the observations, I realized that it is better you just learn the calculations and manually input them yourself else na express be that.
I know it is not easy doing the calculations manually, it takes time, rigorous and stressful but it is still the best option to take

Willie2015:
Depend on whether u are on..
the paid version or free version...

Lol.
I am on their paid version and what I wrote before is true.
There is no point arguing it.
Just download any company financial statement e.g Access and compare with what they have on their platform if you are in doubt

Agbalowomeri:
Egungun don enter express already

naturalflow:
There have never been a stock talked about like oando.Even investing.com put mouth say na STRONGBUY!

lol.
Investing.com? that their balance sheet, statement of cashflow and financial statement figures are not always correct?
Have you compared any released official financial statement from any company on ngx and compare it to what invest.com use for their financial ratios?
Egungun be careful, na express you dey go

Kingsnairaland:
The USA armed Ukraine for seven years yet in three months Ukraine began to beg for more weapons

You have a point

WrriterNg:
⚡Israeli Prime Minister Benjamin Netanyahu has requested enhanced security for his son, Yair Netanyahu, in the United States.

Yair Netanyahu, 33, has been living in Miami, Florida since April 2023.

Yair is currently under the protection of Israel's Shin Bet internal security service, with his security detail costing approximately 2.5 million shekels (around $680,000) annually.

Can you imagine? The cost of protecting his son cost more than Ogun state 1 year budget

WrriterNg:
⚡Taiwan recently conducted military exercises involving the firing of American TOW missiles, during which only 7 out of 17 missiles successfully hit their targets.

This low accuracy has prompted Taiwanese military officials to reconsider their effectiveness.

Taiwan has ordered 1,700 TOW 2B missiles and 100 launchers from the U.S., with deliveries expected by the end of the year.

Just imagine US arming Taiwan to the teeth and China is just there looking.
The more they look and wait, the harder and tougher it will be to fight Taiwan if they don't know.
Something US won't even condone with countries close to her like Cuba.
Infact, a small island - Solomon Island that is still very very very far from US, China plans setting up a base there and US threatened that island with all they have, not to talk of a closer country like Cuba

Mankind2024:
My View on the Illusion of Stock Overvaluation and Why Investors Should Rethink Stock Valuation.
When Total was trading at sub-N400 a year ago, it appeared overvalued in the sights of many investors.
Low liquidity and low volume were also cited by some forum members, with daily prices sometimes static. Then, speculations by retail investors emerged that there was a hidden gem in the company. The story changed, and the price is now heading towards the N1,000 mark, same is true for OANDO, We NSEMPA members single handedly dictate its current price.
This motivated me to research why the concept of stock valuation using the traditional methods of FA, CCA, ABV, GGM, EV/EBITDA, P/S RATIO, P/B RATIO, DCF, DDM, P/E RATIO
All these may no longer be absolutely relevant in modern settings. No wonder the legendary investor Warren Buffett described the modern stock market as a casino due to massive participation by retail investors. Behavioral and financial psychology is now the order of the day.
In light of this, I came up with the following supporting opinions to buttress the assertion that the concept of stock overvaluation lies in the eyes of an individual(buyer), not the dictate of the market.

In the era of digital mobile technologies and social media, the investing landscape has undergone a significant transformation. The emergence and active participation of retail investors has revolutionized the way stock prices are determined, rendering traditional notions of overvaluation obsolete. It's time for investors to abandon the concept of overvaluation and embrace a new reality: a stock's value is ultimately determined by what individual investors are willing to pay.

_Subjective Valuation_

Stock valuation has always been subjective, with different investors holding varying opinions on a stock's worth. What one investor considers overvalued, another might see as undervalued. This disparity highlights the futility of relying solely on traditional valuation metrics.

_The Rise of Retail Investors

The influx of retail investors has demonstrated that collective individual opinions can drive stock prices, making traditional notions of overvaluation less relevant. As more investors participate in the market, their collective sentiment and speculation shape stock prices. This concept alone was the reason my boss Oga Agba has been locked out of the market. He is still waiting for the index to obey the dictate of Ichimoku and fibonacci. 😆 🤣 😂 😹

_Speculation and Sentiment

Speculation and market sentiment, fueled by digital technologies and social media, significantly impact stock prices. This makes it challenging to determine intrinsic value, as prices are influenced by various market dynamics, such as momentum, trends, and herd behavior.

_A New Era of Investing_

The digital age has ushered in a new era of investing, where information dissemination and accessibility have empowered individual investors. Traditional valuation metrics are no longer dominant, as investors rely on diverse sources of information to inform their decisions.

_Price Discovery_

The true value of a stock is ultimately determined by what investors are willing to pay, making price discovery a dynamic and constantly evolving process. This reality underscores the importance of understanding market sentiment and speculation.

_Efficient Market Hypothesis_

The efficient market hypothesis suggests that prices reflect all available information, making it challenging to consistently achieve returns in excess of the market's average. This theory supports the idea that stock prices are influenced by individual opinions and speculations.

_Behavioral Finance_

Behavioral finance highlights how psychological biases and emotions influence investment decisions. This further supports the notion that stock prices are influenced by individual opinions and speculations rather than solely by fundamental valuations.

Lastly, the concept of overvaluation is no longer relevant in today's investing landscape. Investors must adapt to a new reality, where stock prices are determined by individual opinions, speculation, and market sentiment. By embracing this shift, investors can better navigate the complexities of the modern market and make more informed investment decisions.

Nice write up bro.
You raised good points

Streetinvestor2:
So what did you use to arrive at the fair value since what fundamentals or sentiments says is not necessary. Did you consult an oracle

WritterNg:
⚡“A Ukrainian F-16 fighter jet was destroyed in a crash on Monday, according to a U.S. official, just weeks after the first of the American-made aircraft arrived in Ukraine.”

A crash or Russia destroyed it? Because you people lie a lot

Raider76:
Please those trading on NASD, how does one fund one's account? I tried registering on my phone they ask for CSCS number. Is it same as CHN? Or must one open a CSCS account with a broker first and supply that number?

Click on "No cscs account" and it will take you to the list of brokers you can register with.
Then pick one of them and they will contact you

megawealth01:
I'm not telling anyone to buy VERITAS oooooo

I already told you to buy PRESTIGE yesterday at $0.51... PRESTIGE already gave almost 12% to all that entered at my call yesterday... It closed at 0.57

Exiting any of my recommendations is your choice to make...

I can only dish out entry but not exit...

We are here to help ourselves...

No fight your helper if you don't want him to stop

I am not fighting you and i appreciate your efforts.
I have veritas already with a 50% profit since early last month.
We are only discussing here

Vl3ly:
🇺🇸🛳For the first time, there are no American aircraft carriers in the Pacific

🇮🇷🔥🇮🇱The US Navy has committed about a third of its forces to a possible Iran-Israel war - Washington Post.

In all these tensions, i am really angry and not happy with china.
China is too afraid and shying away from fighting.
Opening a new front in Taiwan would have stretched the US military thin and to the limit and they will struggle to fund the 3 wars simultaneously - lebanon/isreal, russia/ukraine, china/taiwan.
Rather than for China to take action while US is actively arming taiwan to the teeth and training their soldiers, china is busy observing and making statements.
They are not even bold enough to be supporting russia publicly with arms, finance and military instructors aka soldiers.
One thing China should know is that those who want and seeking her downfall are not hiding it, they are bold about it and making visible plans, she will be very stupid if she thinks she can fight these vampires alone if russia is drained and exhausted.

Vl3ly:
different BTW Russian and Ukrainian pilots that swaps their country is that both are going to heaven but one is not coming back 🤣🤣🤣🤣🤣🤣🤣

shoodboi2:
Just so you know, Israel launched a massive attack against multiple areas in the northern part of the Palestinian West Bank. Jenin and Tulkram are two of the many areas Israel attacked in the West Bank.

As usual, Israeli soldiers have been demolishing homes, destroying schools, and tearing roads. They have also killed multiple civilians including innocent women and children. Mind you, there is NO Hamas in the West Bank. No one is fighting them there. Yet, they are tearing it apart.

But why is a different law applying to Isreal while other second and third world countries have a different law entirely.
I can't just imagine any african or latin or asian country doing these without being sanctioned to death and invaded by the europeans and americans.
Also, isreal does not understand gentleness, the only language they understand is violence, reason while gaza and lebanon have been a no go area to their police and settlers.
Why on earth will you be destroying other people's farms, schools, houses and take over them without them fighting back.
Because? because your God told you the land belongs to you 2000 years ago? can you imagine such a reason in this 21st century?
I mean fulanis destroying other nigerian's properties and taking their lands because one Allah promised them all the lands right from the sahara desert until they dip their koran in the atlantic ocean in lagos/Ph/southern nigeria?
Can you just imagine that and you expect yorubas, igbos and other ethnics not to fight back?
*Spits*

megawealth01:
VERITAS... #1+

That is a good ratio but then, the industry average P/E is 1.6x - 2.0x, so I doubt any more upward movement unless we are breaking the highest price to form a new high generally for the industry

tiwantiwa:
Anyone knows how to register/trade on NASD. CAnt seems to find much info via google

You can download the app on playstore and sign-up, then follow up.
That was what I did

I don't think this ucee mfb by UBA/United Capital is serious.
Which customer will open account with them when they keep deducting money from deposit, transfer and withdrawal.
Who does that in this age and time when even opay and Co will be giving you interest to deposit with them and not charge you for withdrawing or transfer.
They are not ready for serious banking.

ositadima1:
They see me rollin'
They hatin'
Patrollin' and tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
My music's so loud
I'm swangin'
They hopin' that they gon' catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty



I hope say you dey play this song "Ridin" by Chamillionaire, while you dey switch lanes (stocks) like keke driver.

Na joke ooo.

That's one of my best tracks

emmasoft:
@emmaodet, Locotrader is talking about Abbey Mortgage bank not VFD. He's saying VFD has a controlling shares in Abbey Mortgage bank

Okay, thanks very much.

Locotrader:
Point & kill Number 2 for exceptional people.

This particular stock VFD is controlling over 30% of its shares.
I opened the Q2 result and I discovered the stock is springing up with a good oxygen.

The insiders have 71% of the total shares while the free float is 19%

I didn't want to point this stock because of ILLIQUIDITY but I know some people here will have the capacity to get it if they wish.

The stock was up today with 10% closing at 2.56kobo.They also recommended 4kobo dividend for 2023 financial year end.

The core investors of this stock meant business since they took over the lead of the firm in 2020.

Infinity Trust Bank comes to my mind whenever I look at this stock.

Decode and struggle to get it and see the wonders within 12 months.

Remember it is an illiquid stock

Don't also forget chams because it is Japaul's twin brother.They need big money to inject in their card centre business.Watch out

VFD current price is #45 not #2.56

emmanuelewumi:
Teach them the right values of hardwkrk, diligence, honesty, delayed gratification, humility, money management, frugality etc.

There is reason why generational wealth is not common in this part of the world


This mentality is why are leaders are piling up debts for the unborn generation.


In most cases we don't leave a will for out children but we leave a bill for them

Bro, what valuation method or strategy do you use to evaluate a stock you intend to buy?

emmanuelewumi:
Teach them the right values of hardwkrk, diligence, honesty, delayed gratification, humility, money management, frugality etc.

There is reason why generational wealth is not common in this part of the world


This mentality is why are leaders are piling up debts for the unborn generation.

Hmmmmmmmm....you are right bro

Streetinvestor2:
ok then.I started this stock business 2000/2001
Then I dey go bring goods for baifra market for cotonou sell for uni and other hustle. The stock market was for savings and I was so emotional attached to the stocks I bought. Infact going to my stock broker to place buy mandate they give me special happiness .I denied myself of many things my friends saw as enjoyment though I could afford them than they did. That is why I am really planning to retire early make I flex before next of kin come flex pass me..lol

@ the bolded.
If my children no hold my hand, i go nearly chop my money finish before i pai because many times, people who didn't suffer for the money have a funny way of squandering the money more than the maker of the money.

nedu666:
It remains to mobilize men with downs syndrome, men with bow legs, men with one leg, one hand, men on wheel chair

Ska333ko:
🇱🇧/🇮🇱 IDF spox in a new set of claims:

- They attacked "thousands" of rocket barrels. (Now its barrels not rockets)

- The attacked launch sites were 90% short-range (oh no more strategic long range rockets)

- They killed 6 this morning (correct is 3, 2 in Hares (or Tiri) and one in Khiyam)

- 270 simultaneous airstrikes took place by 100 jet

- 230 rockets fired and 20 drones. (Hezbullah fired 340 according to its tally)

- No impacts at any Israeli base, not at all.

@ the last statement.
It is always no impact on isreali base.
Only God knows how many lies we have swallowed from them in the past

Ska333ko:
🇺🇦🇵🇱⚡- "NATO is discussing the protection of Ukrainian skies by means of the alliance," – Andrzej Duda, President of Poland.

Hmmmmmm
This war is getting slowly to the point of no return

ositadima1:
Why are you all Oandobites intent on silencing opposing views? Let those against it present their opinions freely.

@ Oandobites