₦airaland Forum

yMcy56:
The thing tie wrapper o.....
Investors punishing NASCON for the sins of DS. ...😳

Hope you're good and the preparation don set.
Wish you all round success.

My sister, the thing weak me... Thank God I've been able to resist the urge to average down for a while because e for no funny o😁😁... Preparations dey in full gear thank you... The way e dey swallow money ehn but we thank God for His provision ... The time no far again sef

Nascon Nascon, this red you're sharing diaris ...

designking:
Time to buy more Oando. The market is getting very juicy these days.

I pray it dips another 10% tomorrow for me to buy 30,000 more units of the share. Already bought 10,000 units this morning.

Dear sir, this strategy is stale

Sunrisepebble:
I did not mention that Cardinal Stone is the registrar. I have spoken to a broker in the market and he confirms that they were the ones propping up the stocks price

wow

Sunrisepebble:
In a sane country what UBA and Cardinal stone have done would be investigated. They submitted blank price to sec but notified them of intent to do a rights issue, pumped the stock to their desired price to allow for lowest level of shares dilution, then submitted desired price to NGX after close of trading

Afriprud is the registrar of UBA not CardinalStone

Locotrader:
Top brokers Jan -Sept

Morgan capital is also pulling weight here

only in volume o not in value which is the Koko. Any which way... The main thing be say their fees naim make sense pass 🤝

Agbalowomeri:
Lol what are you still doing here?
We are waiting for you at honeymoon

we dey try recoup wedding expenses money ... E no far again

Shey wapco no go pay interim?

Arababy officially on full offer😁. Still waiting at my junction... No one will pull a Transpower on me this time around

emmanuelewumi:
No big deal, I am not surprised.

Oando will do far better than this when the result comes out tomorrow

😁😁

Locotrader:
Look like Morgan capital and Atlas portfolio (cititrader) has same type of web portal.
Manually done things.

Well I was able to do a transaction with cititrader today at around 0.80% total cost on BUY. This people will save me money oooo.Just that the funding and withdrawals are not friendly.You have to notify them of payment and request for withdrawal too.

Cardinal stone and stanbic are also cheaper in fees than other peers(Top brokers).Tested them ok

Investment one has been milking me 1.80% buy and 2.1% sell for sometime now.They will not see my BUY again.

that's quite high o Inukwa! 1.8 and 2.1

Divineability:
But then, what's the charges/commission of Cardinal Stone like? Is it as friendly/moderate as MorganCapital's?

The cheaper fee was what made me open my second account with Morgan. The app is user friendly

Divineability:
Does MorganCapital have an app now?

CardinalStone have both app and web with live/real time trading data. I use both though. CardinalStone and Morgan capital

sterlingD:
NASCON Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42550_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Better than sugar at least. Even though their last year's performance is better... Half bread is better than kulikuli ... Let me see if sugar's abysmal results will drag down salt's price

Agbalowomeri:
You don abandon your 1M21B challenge?😂

I no abandon am o 😆😆... I just changed the stock to help me achieve it ni😁😁. The Koko be say make the 1m don turn 2m by the end of 1 year

ositadima1:
As i see d coded buying, i bought small to generate small cash for my weekly groceries.

Group's performance improved while company's performance dropped for Chams

emmaodet:
Cardinal stone gives loan?

margin loan, yes. Current rate 29% and 1% management fee.

Locotrader:
Hope cardinalstone app/portal is not disappointing?

Like network downtime or logging issues...

I want to test the platform

the portal dey touch once once ...

yMcy56:
Seems there's more to this DS losses.....
Most of the Consumer Goods stocks are now delivering improved and better results, why should the cost of sales be this high?
Even HONEYWELL delivered good result.....
Alhaji owe the shareholders explanations on this at least.

The way I dusted my slippers today ehn, I'm glad I listened to the inner voice... Because this hopeville for DS matter don tire me... It's looking like the refinery halted the progress of all other Alhaji's businesses. It is well

ositadima1:


Ginalex

Why am I not surprised that you called my name . I exited sugar today jare... Wapco was just too tempting to ignore with today's results... My Nascon go dey my portfolio till further notice

yMcy56:
DANGSUGAR
https://doclib.ngxgroup.com/Financial_NewsDocs/42537_DANGOTE_SUGAR_REFINERY_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42538_AXA_MANSARD_INSURANCE_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Sugarrr ... And I sold off today and bought wapco... Nascon go follow am bleed tomorrow . It is well

emmanuelewumi:
That is cool, it operates like an overdraft facility

exactly. Like for the past 4months, I've not used out of my 6m margin loan so zero charge

emmanuelewumi:
What is the duration before you pay the interest and rollover the loan.

It is 6 months with United Capital

interest is charged to the margin account on the 1st working day of the following month, based on the portion of the loan utilized monthly.

emmanuelewumi:
Now 29%

Same as CardinalStone

ositadima1:
Make DS an NS share their own make we see.

As I dey wait, my mind dey do gbish gbish

emmanuelewumi:
Ellah Lakes

emmanuelewumi:
A good analyst should have seen what happened to Lafarge. Over N35 billion was spent as finance cost in H1, they now have almost zero debt. The money going to banks will now come to shareholders.

As earlier said Lafarge is the only cement manufacturer on NGX that will deliver 100% in the next few months

Hmmm

Agbalowomeri:
Our new bride

https://doclib.ngxgroup.com/Financial_NewsDocs/42435_OKOMU_OIL_PALM_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

this looks good sha. I go start dey load presco for Long term keeps pending when OKOMUOIL resolve the land ish. As e no gree come down, make I kuku go up go meet am. @sir Emmanuelewumi please do you have any updated info about OKOMUOIL land wahala?

Agbalowomeri:
Another N2 interim dividend from Okomu
E be like say these palm oyel people see money this year o

https://doclib.ngxgroup.com/Financial_NewsDocs/42433_OKOMU_OIL_PALM_PLC.-OUTCOME_OF_BOARD_MEETING_CORPORATE_ACTIONS_OCTOBER_2024.pdf

Omo! And I'm contemplating buying presco over it o because of the land dispute issues on ground... Shey them don settle awon oniile?

Congratulations MarketJJC. God bless your new home

Agbalowomeri:
Are you in the medical field?

Financial services

Streetinvestor2:
All I know is we are having stock boom next yr.The dollars coming from Nigerians abroad will continue to increase. Nigeria will have more trade surplus. I have plenty friends in onitsha who have stopped importation because of rise in exchange rate.Some are already export one thing or the other. Many are planning and looking for what to export. The Chinese companies are relocating thr factories to naija in most buildings material I know.Why the cost of the little food we are cultivating because of insecurity is not coming down is because of increase in its export to earn
dollars. More containers are leaving with goods than the number bringing in things. Nigerians are now buying made in nigeria provision,drugs and cosmetics than foreign.The economic situation is making every one to recalibrate just like the companies are going to do.The high exchange rate is equally a blessing in disguise. It is like looking at 6 from top/bottom angle. Some how I am beginning to like it because it is going to help in our production level because everyone one is now thinking of what can I export to earn in dollars.
I live on the street and it is what I am seeing I am. talking even my wife want to export garri next yr against her import from UK all these yrs
Next yr will equally be yr for massive agriculture for many because of hunger this yr.
Let God preserve our lives going forward as i Mark my BDay today..amen

Happy Birthday Chief