₦airaland Forum

MadmaxX489:
Zenith bank NGN 1 naira interim dividend. 🙂😎

Mad oooo

KarlTom:
So I asked ChatGPT:

Yes, you can sell OANDO shares that you bought on the Johannesburg Stock Exchange (JSE) on the Nigerian Exchange (NGX), but like with SEPLAT shares, the process is not direct. Since OANDO is also dual-listed, you would need to go through a cross-border transfer process to move the shares from the JSE to the NGX before you can sell them on the NGX.

Here’s a general outline of the steps:

1. Initiate Transfer: Contact your broker to initiate the transfer of your OANDO shares from the JSE to the NGX.

2. Registrar Coordination: The company's registrar will handle the cancellation of the shares on the JSE and reissue them on the NGX.

3. Settle and Sell: After the shares are reissued on the NGX, you can then sell them through your broker on that exchange.

This process might involve fees and could take some time to complete, so it's advisable to consult your broker for detailed instructions, potential costs, and timelines.

Like an arbitrage trade, buy low in one market and sell high in another. I'm not exactly sure how it's done but I know it's possible. There'll definitely risks involved (foreign exchange risk for example)

KarlTom:
Me sef wan confirm.
I dey come...

~ I don't think it is allowed

Really? How come we can buy Seplat and Airtel from LSE and sell on NGX but not JSE?

Wait fess, shey I can buy on JSE and sell on NGX?

Ofeakwu please 🤲

LilNetty:
At the moment there still a conflict between my family and theirs as regards wedding date. They are insisting that the family of the bride will be the one to pick the wedding date.

It's a no-brainer

yMcy56:
JAPAULGOLD full bid @2.72..
ETERNA full bid @25.40..........pullback here..
OANDO full bid @57.85..
VERITASKAP full bid @1.51...
McNichols full bid @1.18...

JBERGER full bid @143 ..up with +10%
OKOMU @417....

No be small thing oo

** Do not take as any form of advice....just posted what's happening in market.

I just dey imagine say na all this stocks I get... Chai! Imagination wan wound me

Willie2015:
Yea...
They sold ...
and re entered as sentiment improves..

how do you people know this things?? I thought it's usually "confidential" except it's disclosed on NGX

Willie2015:
2 more ...

even better

Finally, TPower don drop. 1 more time please

Raider76:
I think SEC and NGX need to meet with the CBN on the timing of CBN's approval of banks' results. The delays are making nonsense of market regulations. The banks need the market to raise capital. CBN should know this and help banks meet market regulations.

CBN really need to do better

CBN should be fast with their protocols so that banks' results can start dropping abeg... This market needs a little ginger

ositadima1:
Lol, because u dey inside, abi?

It's part of it even though na small. Contemplating on whether or not to add to it

ositadima1:
Transcorp's 2023 Free Cash Flow to Equity (FCFE) per share was 0.93 (please do ur own calc. here), and they are paying out 0.2 as dividends. It's important to note that FCFE represents the free cash available to shareholders after all expenses and reinvestment needs have been met.

When I plugged the 0.93 FCFE into my Monte Carlo simulation, it produced a valuation range of 11.98 to 24.13. Based on this FCFE analysis and discounted valuation, I believe the stock is undervalued.

I would target a mean of 17 naira.

Make I be your student na

emmanuelewumi:
You can then use the return from the investments made to

1. Upgrade your lifestyle
2. Marry a second wife if that is your wish
3. Paint the town red
4. Change your car
5. Get that chieftaincy title
6. Go to Jerusalem or Mecca.
7. Have that vacation you been dreaming off
8. Pepper your enemies

As much as possible make sure you don't touch the capital, rather you are growing and compounding it

Just received my Transpower coins

Sugar people help us push salt abeg🤲🌝

Mfunkynation:
Come and beat me now....
I am passing an information...
E don cast

🌚🌚🌚 Dividend dey to use hold body

Mfunkynation:
Zenith is heading to 30....
H1 not looking good

If na joke bros abeg stop am

emmanuelewumi:
Are you not happy that you can load more at a cheaper price

I'm kuku secretly praying for it to happen so I can join in ... Make una no stone me abeg

emmanuelewumi:
Presco don cast

😂😂😂😂

ositadima1:
Chai, Upper cut!!! This one pain me ooo. If na me eh I won't take it oo, this upper cut too much.

Stop adding fuel you this guy🤲😂

Streetinvestor2:
That is good buy if you got sugar at that price. I didn't see when it got to that price.I bought few sugar at even #60 but I was averaging up so it didn't matter.

The 29.50 price is for salt... Shebi laslas all na Dangfoods

currentprice:
bro How Dangote Sugar mkt na

I didn't buy sugar jare... I already have the amount wey my power reach for salt. I just added a few units at 29.50 to average down

When banks wan begin release results abeg..

ositadima1:
Or u use style dey call Streetinvestor small player?

you too like VAWULENCE

ositadima1:
LOL, I only lost 800k. I sold just below my buy price. I've already put it to good use elsewhere, and I have recovered. I'm planning to sell that one too. I'm scraping 10-10 where I can, and I'll come back to sugar next year after the results.

800k only? 800k will be only for me soon in Jesus name Amen

sterlingD:
Any update? DS and NASCON on lock down

Just talking based on the full bid in both stocks

Sugar and Salt Faithfuls, it's like our time has come 🥲🥲🥲🥲

vacanci:
To the Dangote faithfuls.

here is all you need to hear from the horses mouth. Everything about his companies and the vision ahead.

he mentioned and talked about his Rice business at several intervals here. You need to watch to the end.

This man is just a genius


https://www.youtube.com/watch?v=qCvwVqaaKfQ?si=YzHdP36uYWNAm9ja

DangFoods would be a great long-term investment... I go just dey top up small small. I bought small Nascon at 29.50

aj8:
Always take profits off the table. RT BRISCOE is at 1.33 . Target remains same.
Same goes for Veritaskap . Take profits along the journey and bank. I took off some of my Veritaskap not minding the full bid.

Common Sense Strategy

He who has ears let him hear.... Thank you

SonofElElyonRet:
Hopefully we get 10% from Japaul too.. and a sustained rally to around N2.50 minimum being private placement price

I pin here till 2.50