₦airaland Forum

Stockpromoter:
AVACAP: Watch for a Possible Dead-Cat Bounce

AVACAP has rejected the ₦5.00 support area and traded down to ₦4.55, its 52-week low.

For today, I’m watching the ₦4.95–₦5.00 area closely. The stock needs to absorb selling pressure and reclaim this zone.

If AVACAP is rejected around ₦4.95–₦5.00 and closes below ₦4.95, I would expect the downside pressure to remain, with the possibility of further weakness.

This could be developing into a dead-cat bounce, but I need to see more price action and confirmation before calling it one.

₦4.55 remains the key level to watch.

Willy2025:
This is someone who was in the opposition before o. He has experienced dictatorship and abuse of people's rights and was once a victim of rights violations. Now that he has tasted power, he wants to become a dictator himself. Absolute power corrupts absolutely.

yMcy56:
Market is generally not doing bad today....
Quite some greens...

Attached is AVA as at now....
Full bid...
Still watching if the dumper will show again to confirm his action is deliberate....😊

emmanuelewumi:
Not sustainable. Margin will come down whenever we have peace in the middle east

presiade:
Instead of buying some hype, I’d buy beautiful Ellah Lekos. /s

brainhack:
Please give me recommendations of Stock Brokers you have good experience with.

Stanbic IBTC Stockbrokers is a very useless company, i spend endless time trying to unsuccessfully talk with their customers service, they are very reluctant to respond to emails. I keep asking yourself if anybody is even working there

ppogba:
Ngige knelt down inside Okija shrine.

Ngige knelt down before Andy.

Umoh Eno knelt down before the former Governor in a stadium in the full glare of all.

Check the internet.
Make una leave person wey dey hustle for his daily bread alone.

He may not know about shares, stocks and other investment. Let us cut him some slack.

ogawisdom:
President of the Dangote Group, Aliko Dangote, has assured the investing public that the Dangote Petroleum Refinery and Petrochemicals FZE will be the most viable company in Africa by the end of December 2026.

https://www.channelstv.com/2026/09/14/dangote-refinery-will-be-the-largest-company-in-africa-by-december-end-aliko/

If Alhaji continues this hype over subscription may be more than 10x. He is looking for 2.5T may end up with 25T.

This IPO is giving MMM vibes it's like a fever

Alot of people especially newbies with MMM mindset chasing quick profit fit dey disappointed

Meanwhile largest doesn't mean the most profitable or the most investor value creator.

BabsO2:
Thursday will soon be here. Wale must deliver o.

mikeapollo:
Na wa ooo
You still dey ''click the Bubble''....to see if money dey inside the Bubble!
Money no go kee person ooo.

millo:
Accesscorp is getting interesting.

SonofElElyonRet:
See how dangote refinery is helping your Japaul ministry
Keep watching.. will possibly still dip further. 2.60 is already looking good but lower is better..

mikeapollo:

I pray Access dips further so I can buy some more.
Better join us now; and not wait until it clocks N35 before you go dey start to sing ''new songs'' again

jonnysessy:
:

I can't believe my eyes. Out of about 150 companies on NGX, only about 10 are on green, the likes of SEPLAT, NGX and NIDF and a few others. The rest are in red.

The rate at which people are gathering momentum for this Dangote IPO, i hope we would still be able to trade other stocks when the IPO has come and gone.

This pattern of dumping is likely to continue throughout this week. We watch and observe

mikeapollo:
Profit is a function of margins (sale price-cost price), volume and efficiency.
Refinery may still make good profits because it has huge capacity (volumes), even if margin is low, theoretically speaking.

The average margin for most refineries is 7%-15%,

mikeapollo:
You may be right.
But I think Dangote has built some reputation with the performance of some of his companies e.g. Cement and Sugar.
And with the way institutional, regional and global investors are showing interest in the refinery IPO, retail investors would be tempted as well.

jonnysessy:
Aradel save the day from today's market downturn in my portfolio.

I want to believe some blue chip companies are being sold to get cash for Dangote Refinery IPO.

But, also bear in mind that the interim- dividend-paying banks are yet ho release their H1 result.

francesfrances:
Please, due diligence is advised

For your investment in this refinery at N525 to generate a return of at least x1 or x2. It implies this refinery valuation has to increase to >90 billion USD or >141 billion USD. Currently, it's rare to find any refinery with petrochemical industry with even a valuation of 60 billion USD

londonerr:
He's on his own. I have donated agbalowomeri

londonerr:
You don't want to be alone in this your misadventure. No full bid anywhere near Oando. Not at all. It's hovering around 36.80. negative equity and 2.7 trillion naira debt, and 500 billion negative equity is not moimoi

Streetinvestor2:
So market will crash because Dangote is doing ipo
I laugh in French

toyeoye:
OANDO at ₦38.30 (+9.43%)
Is this the start of a bigger recovery?

yMcy56:
I dey OANDO 😁
We will laugh last 🤣

We'll sell to you @250 😁