₦airaland Forum

Harvestock01:
If Oando is a religion, there's little wonder you are one of it's adherents otherwise why would you devote so much time and energy. Let go.

Just like the atheists, they say they don't believe God exist, but , their very own existence is ravaged by their endless consciousness of God.

emmanuelewumi:
Madam try to read the auditors report on pages 10 to 19.

Comprehensive loss of about N200 billion

I am not sure of any particular thing you are trying to point out in those pages.

It is a matter of public knowledge that OANDo is n debt and this is well acknowledged in the report.
There is however, a clear path to addressing these challengies through instruments like debt refinancing and raising equities.
See screenshot below.

And by the way, we all have the whole of the weekend to do this. So, don't be too much in a hurry to direct anyone to any page. Give them time to read the document. It's 99 pages!

MARKETJJC:
Yes, senior bros

OANDO 2024 results will be tsunami

Is it coming out anytime soon?

KarlTom:

I dey tell you.

I was already making plans to go borrow like 10M for the stock before the cautionary note came from Sunrise

The hyping was top notch, especially coming after the OANDO miracle. That miracle lend some belief that if it happened with OANDO, it can happen with any stock poised for it.

On the hindsight, what is happening with Aradel now, appears to be a conspiracy to make money off unsuspecting investors, and it is very unfair.

You multiplied your OS by 20, pumped the resulting price by almost 100% and then present it to people as best thing after jellof rice.

The promoters here may or may not have been part of this conspiracy but those who were able to avoid this monumental rip off largely owe it to the cautionary note from Sunrisepebble.

I bought some units the day it became available and sold it after few hours with some profits to fuel my car.

jonnysessy:
From N800 - N150 is impossible, the worst case Aradel can get is N400. If you are waiting at N150 junction, train will leave you behind. This is no prophesy, after Monday, forget about 10% loss. All that left us will start rushing back and before you know it we are back in the upward trend.

Dey play.

You need to ask the people selling now, at what price they bought it.

Agbalowomeri:
Nothing is wrong with ARADEL though. It can happen to any stock when a major player wants to exit. That na trailer. Prayer be say make we no jam that kind trailer Lol. Price will bounce back but e fit don cause trauma

This one na serious trauma. Imagine losing 50% of one's capital in few days!

Kwibaba:
How much was aradel on the NASD floor before the listing was announced?

That thing was grossly inflated at the NASD. There was no liquidity for them to sell there and they brought to NGX at such inflated price. So unfair, but Sunripebble was very truthful and open with info here.

Harvestock01:
After reggae na wetin? Seller beware.

Be Kind!

megawealth01:
Wale go fit repent so?

But, how does he keep getting away with stuff like this? I mean, even within the business circle?

ProphetUtuocha:
I only warned folks based on what I saw
Since then, the shadow has lost over
1 trillion market cap

Sadly, folks who were carried away by
Arm chair analysts are now entrapped
For the shadow will still dust off weight

Your Royal Holiness,
abeg, how far about our beautiful bride?

He go show today or, we should shift our focus to Monday?

ositadima1:
🤣

I had hoped that the person who called it a shadow that we are all chasing won't be right. It's looking more like it at the moment

But, on a more serious note, Aradel will become a beautiful bride when the dust has settled.

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

If you have been following the discourse on Aradel with keen understanding, you would know that what you need to do at the moment is to chill and just watch. You've got nothing to lose by doing this.
No need for FOMO at all. According to the info which has been stated here countless times, the PE has 700M units to offload, majority of those who brought volumes from the NASD would also want to sell. Just watch and let them do their things first.

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.

Chaii!!. This your submission can cause HBP oo

Xidget:
Well, most people who bought high are averaging down already. I know someone who have averaged down to #540 at at yesterday. I wish he waited till today, it would have been cheaper.

Averaging down is a very stressful exercise.

yMcy56:
N445.60 officially.....as at now.

I can only imagine the frustrations of those who bought at N800+ and from the look of things, it may go further down.

Times are hard, money is not so easy to come by in the current situation of the economy. Investors are not just going to throw money around until they are sure of what they are buying. It is the reason it appears the market is indifferent to the many calls for bull runs.

Agbalowomeri:
This kain results na weekend Oando dey release am

Oando don hack ngx corporate disclosure page so no more results

But, is the suspension going to be lifted immediately the result is submitted?
I think even if they submit the results during market hours, we may not be able to trade the stocks until next week.

debeey87:
Gains from foreign operations saved the day for them if not it would have been a terrible result

Still a bad result, nonetheless. A stock trading at over 150 reporting an EPS of 0.39 or thereabout.

Locotrader:
With 0.8 -1.44% commission,a trader can conveniently sell btw 7-10% and make good profit.

Discounted fees brokers encourages traders than those standard fees brokers.

Standard fees brokers are for long term investors.Investors don't sell their holdings anyhow.

I am just waking up and getting ready for Jijo 2025 in abundance.

and you'd become a beloved of your broker They love traders.

Ades1:
If the data is truly "live" then you are right, but I am skeptical because even NGX website does not provide it

Well, I currently use MorganCapital. It's not an app. It's a web portal. It has live updates, both price and volume data.


NB: This is not an advertisement for MorganCapital. It is just my experience using their portal.

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

What you need is not necessarily an app. You need a broker that not only gives you access to live updates from the market, but also accord you control over your investment. The app you're currently using is a far cry from this.

Ades1:
]


Yochaa is your best bet.... Easy to register and prices are updated every 10 minutes

It can't be the best if there is a delay in price update. There are tons of other platforms with live data as it happens on the floor of the market.

Sunrisepebble:
It is down 10% sir... with 5 million units still on offer...

He is using Bamboo. Bamboo "erroneously" showed him the last trading price yesterday as the reference price for Aradel. That price only became official today based on the rules but he doesn't know.

It is the reason why some of his postulations here are sometimes off point and bordering on false hope.

KarlTom:
68m+ offers for UBA

JIJO?

Wahala

UACN doing some crazy volumes too. Over 50M units traded already.

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

JB operating cost eating up almost all revenue.

yMcy56:
Yes

Ok. Thank you.
I need to contact the registrar; I can't see it in my portfolio.

Youngzedd:
Get it here https://www.compoundingquality.net/p/free-investing-book

Got it too. It's free.

Merci beaucoup

emmanuelewumi:
By compounding quality a fund manager. They sent a free soft copy to me

Is it possible to get this from you, sir, privately?

yMcy56:
https://doclib.ngxgroup.com/Financial_NewsDocs/42498_PRESTIGE_ASSURANCE_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42499_ACADEMY_PRESS_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42497_ALUMINIUM_EXTRUSION_IND._PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Hello @Mcy
Please, do you know if reconstructed transcorp units have been added to people's cscs now?

megawealth01:
This is serious oooooo

The result doesn't match the price.
It's likely going to fall further.

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

I already told you, Bamboo will continue to make you lose money!!!!

megawealth01:
I dey wait am for junction until then

Now 495 and going to enter full offer.