₦airaland Forum

yMcy56:
Lol.

Make all of us just follow them "corrupt" together, no be only dem Sabi am.

Meanwhile, ETERNA opened @14.75......pulledback and touched 13.50.......now sighted @13.85/13.90..

locodemy:
Don't miss Japaul
Don't miss chams
200% eminent in due time

Ftn cocoa our witness

A voice in the wilderness crying since January 2023.

customstreet:
Hello Folks

I don’t know if you see what I saw

Dangotesugar Sugar Plc + Nascon Plc = Dangote Foods Plc

Time will proof me right

hayyawithme:
If you are still in the market, you are in for a big mess. You had better exit the market before it is too late for you. Generational low is so near your door step. Cash is King. A word is enough.

yMcy56:
ARDOVA
- Upon the noise made to increase buy out price, Ardova added extra 0.50k....making N17.88k exit price now....instead of the N17.38 initially proposed.

- For those that bought above 17, una well done oo.
The tithe would sha go somewhere.
-

Harvestock01:
CardinalStone is another very good registrar.

Mfunkynation:
For Afriprudential registrar, there is an expo.
send them mails and copy this email:
obong.idiong@africaprudential.com.

See as them be calling you

currentprice:
which was very possible around 2004 - 2008

set aside 1m for100% 100% target in 10 trades

yMcy56:
Oga, what is it about these your posts self?
It doesn't seems like you meant well for this forum from your sarcastic posts upandan.

Kindly allow individuals to follow what pleases and works for them Biko.
Even though we have traders here but know that we have lots of investors as well. Not everyone is a daily trader.
Maybe you should be worried about your MBA forex instead.

*Sorry, you have right to post but not confusing with ironic statements, just state your point and individuals will pick which is best for them....

yMcy56:
Oga relax...
We don drop mic for you for now, when the bull resume, you go drop am, make we dey do am turn by turn....

The corruption don instill plenty fear inside people, so na short short profit taking dey reign now...

* There's no need calling anybody out........except we don't want people to continue to post their findings, observations and opinions here anymore.....
** Not saying we shouldn't caution but calling out in blame game is what I referred to.

* GTCO, ACCESS, ZEE, stabilizing now.....
* BUAFOODS, Geregu, JAIZ......Up...

YoungBuffet:
Pls hold your stocks ooo
GTB to 79
Zenith 66
Access 59
Uba 50
Fidelity 35
Fcmb 25
MTN 560
Flourmi 75
Sterling bank 25
DSR 75
Nascon 60
Nestle 5,000
Ftn 30
Dangcem 650

I will update later.

currentprice:
Ekuu Market Green o

onegentleguy:
My inference from Pres. Tinubu's inaugural speech.
...what to expectation from his administration;

1. Birth of a unified exchange rate aimed at redirecting/channelling excess arbitrage gains from different multiple window rate into real sector driven investments.

2. Policy mechanisms targeted at reducing interest rate to curb the pressure on cost-push inflation, improve purchasing power (<<PPP) and supplement the collective objective as highlighted in item 1 above.

3. Possible review of the currency swap deal by the previous administration.

I have a slight concern here but will prefer to wait to see how they intend to go about it.
Am guessing the concern should be around the lack of pragmatic impact on the greater No of Nigerians particularly the unbanked and it's attendant impact on Naira-backed assets.

4. Removal of petroleum subsidy with allocated/entitled resources directed towards investment in key sectors of the economy.

Long overdue! However, I expect this to further put pressure on cost and exacerbate current surrounding risk.
...this is why I think item 3 above is in order. (to absorb some of the pressure following full implemention)
Notwithstanding, a few key decisions will need to be taken at the fiscal end to get this to work.
Whatever happens though, there will surely be short term pains.

5. Planned reforms in the power sector aimed at boosting the accessibility and affordability of electricity via aggressive generation & transmission networks and the decoupling of power at the center by encouraging the development of additional sources of power at State levels.
...I like this!

6. Reforms in the Agricultural sector aimed at increasing production and ensuring long-term food sufficiency through the CEB to regulate pricing & secure/insure the income of farmers/Agric players... creation of Agric hubs to engage value-added processing & improve production... and the exposure of the livestock sector to modern technology to minimize usual bottlenecks & maximize gains.

7. Tactful job creation via infrastructural initiatives that are labour-intensive... industries that are labour-driven... and the provision of social welfare related services targeted at the poor & vulnerable in society.

8. Boosting of GDP growth through stringent fiscal policy measures that reduce import dependency and encourage domestic manufacturing as well as budgetary reforms to reduce surrounding risk and stimulate the economy.

Item 4 will pose a challenge towards achieving item 8, but line 1 & 2 can lend a helping hand if proficiently and effectively managed, particularly with the Dangote Refinery billed to begin production in a few months.

Are these great plans? Yes
Do I believe they're achievable? Absolutely! But if it will surely come with many thorns & pains in between.

The problem is that with Nigeria, "belief" and expectations often tend to be synonymous to dissatisfaction and disappointment.
Talk is cheap! is unfortunately a very familiar term when describing our leaders.
I sincerely hope it won't be business as usual!

Well, we know for now that Nigeria a "portfolio county" so I'd prefer to focus on what's in all this for me?
Likely sector winners from this speech...

• DBMs... already highlighted the names we like here.
• Coys in the oil & gas space... ARDOVA, OANDO, SEPLAT.
• Coys in the health sector.
• Coys in the Brewery sector... also highlighted the names we like here.
• Some select names in the Insurance sector. (I see a connection)
Elsewhere, UNILEVER, DANGOTE SUGAR, TRANSCORP, UPDC, CHAMS, LIVESTOCK FEEDS, NAHCO, RED STAR EXPRESS...

CAVEAT: NOT an investment advice. ...the need for due diligence should still take higher precedence ahead of this post.

locodemy:
Madam mercy, it looks like everything will fly.
If Rt briscoe is flying again after poor results, why won't MB do well in price.
For comparism of stocks,I am too good for that especially those kobo ones.
Coming to os, Regency has about 6B
Coming to Eps, Regency has about 10kobo eps in Q1 2023.
Coming to Q1 Revenue and PAT, Regency has an improved earning compared to the previous.
Coming to corporate governance, they have done better than MB in the last 5 years.
Coming to dividends, Regency has done better than MB in the last 5 years
I wonder why the price is kept so low when factor those facts.All things being equal, Mr market will position the 2 accordingly but there is more rewards in Regency.Thats the only kobo kobo insurance stock I will look at from Tuesday if cash is available.

Mfunkynation:
Am yet to see it on Ngx site.
The promise to release on 25th and 26th of this month, but nothing has been seen

ositadima1:
@120?

leparj:
Access bank dividend received.

DeRuggedProf:
I envy your brokers...

Mpeace:
Transcorp will win an award in the jijo world award night. From loss of yesterday to full bid of today.

IyaTola:
foreign or local?

IyaTola:
If you were to spend 5m naira in 1hr, what will you buy?

nairavsdollars:
Heineken increases stake in Nigerian Breweries

currentprice:
I have sold and hav my NAHCO loot in the bedsheet for safekeeping looking for next stock but my money is not for the like of livestock feeds that ended last financial year with negative earnings, struggling to make 20 million earnings 2023 Q1 (Lol... an amount less than Lion123 holding in GTB). with close to 500m negative retained earnings not for me & my household even if it rise to N10.. anyway Afroil with no office , no operations sold for over N20 in d past

I will rather add to my UBA or DS or buy one ogbonge company I am looking at. not CHAM o. this company has done investors good in the past, can they repeat the same this time? not likely as their numbers suggested but they will still do something good.

currentprice:
Ekuu Market o

yMcy56:
Transcorp and UBA
- Tony still buying....
- Those that picked UBA @7.80 when this was first observed and mentioned here should be sitting on some profits now.........

Now I'm sharing my opinion, you won't call it fine bara, but if na you person jokingly mention anything like giving, una go storm this place with many derogatory posts.

** Pls do not take as any form of advice**

mendes911:
https://doclib.ngxgroup.com/Financial_NewsDocs/242_Geregu_Power_Plc-Notification_of_Shareholder-_Olufemi_Peter_Otedola_(1).pdf

Otedola chopping left and right.

Cation:
Good evening house. How can I get fast response from Veritas Registrar? I did not receive the recently paid dividend from Zenith Bank. I submitted e-dividend mandate to them around September 2022 through Meristem securities and I think It was not adequately processed. I have contacted Meristem and I am yet to be updated about the complaint.