₦airaland Forum

edwardaigb:

New members be careful whom advice you take.

essentialone:
Maybe this week, we will hear again from our Oando analysts. They have been largely silent since the stock dropped from N14.60 to N11.85. Well the good news is that it cannot drop below N7.07

currentprice:
waiting for Q3....., one very popular stock has been soiling d bedsheet.

until Q3 report out we know if it poo or wine

vacanci:
This is why i dont buy into all these TA.

Yesterday, Dangote sugar failed to hold level 1 (52.25) from your chart but did not deep today, rather na full bid we dey see at this time.

NGX will make TA to become SA (spiritual analysis)

The market will always reverse to shake off the TAs and the emotionally unstable ones and present an opportunity for others to enter

PETERiCHY:
Today we added some units to our super Dividend paying UBA stocks.

LOCO follow who know road you say na fast lane business you wan do. You see your life now

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/39407_UNITED_BANK_FOR_AFRICA_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_SEPTEMBER_2023.pdf

phoinix:
If this bloodletting goes on, you better reconsider before it's too late. It's better to watch from the sidelines and see evidence that the bloodletting has stopped.

phoinix:
If this bloodletting goes on, you better reconsider before it's too late. It's better to watch from the sidelines and see evidence that the bloodletting has stopped.

phoinix:
Chai, you took a loan to average up?

Mpeace:
Sugar and salt want combine deal with me today. Na wa oh.

currentprice:
Ekuu Mkt o

PETERiCHY:
https://businessday.ng/energy/article/eni-sells-stake-in-nigerian-agip-oil-company-to-oando/


Italian oil major Eni has signed an agreement with Oando, an energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange, for the sale of all its stake in Nigerian Agip Oil Company Ltd (NAOC Ltd), a wholly-owned subsidiary focusing on onshore oil & gas exploration and production in Nigeria, as well as power generation.

NAOC Ltd presently has interests across 4 onshore blocks (OML 60, 61, 62, 63), which it operates on behalf of NAOC JV (operator NAOC Ltd 20 percent, Oando 20 percent, NNPC E&P Limited 60 percent), in the Okpai 1 and 2 power plants (with a total nameplate capacity of 960MW), and in two onshore exploration leases (OPL 282 and OPL 135, respectively 90 percent and 48 percent) for which it also holds operatorship.

https://businessday.ng/energy/article/eni-sells-stake-in-nigerian-agip-oil-company-to-oando/


With this news OANDO heading back to #300 where it descended from in 2007.

BARGAIN HUNTERS TAKE NOTE!

customstreet:
I learnt that It would be concluded before the end of third quarter.

But I will advise you set December as your holding period

Similarly, I also learnt that Dangotesugar would be the coy that would metarmopised to DangoteFood where holder of Nascon would swap 11 of their shares for 10 of Dangotesugar and also holder of Rice would also swap their holding with Dangotesugar

This is not 100% confirmed but may be near the truth.

veecovee:
It pains ... I tell you.

But thank God, my whole portfolio is 95% sugar 🙂

currentprice:
when Q2 came with unexpected loss.. I advice a friend with 1m unit of DS to hold on with his stock, that it look like a trap to sell off his holding because noting affected the operational earnings/cash of the company. the loss was just from forex loss. unfortunately he scared about the N90b negative and sold all the 1m unit @ N27 with gain @ 82%.. rest is the story now

I know some of the member here might have fallen into such situation . don't worry, just learn from your mistake... plenty opportunity day ahead.

ukay2:
So your stomach is full

We still dey FRONT sits with ALIKO

currentprice:
instead so went for international brew

as i use to say we go chop the inter brew together when the time come

yMcy56:
Lol. Which pick profit?
Many people dey wait for post merger nah...

Mfunkynation:
Eternal almost on full bid now...
I told you

yMcy56:
Wow! Sorry for this.
Please make dem allow the poor man to breath oooo, they should stop suffocating them......

This market can be irrational sometimes......
The continuous free fall is no longer justified by the financials but by some other factors which may be internally related.

ETERNA and Dangsugar commItted same offence but merger news was able to save Dangsugar on time....

When GT was falling uncontrollably before it eventually started the rally that now took it to 37, it got to a point that it was glaring the dumping had to do more with internal issues.

You're not alone here, just keep the hope alive....
One thing I know is that, it will get to a stage where they'll be tired and will allow the stock to breathe......
Hopefully, TA as pointed out by Agba and Oga BBM will see it stabilize this week and start moving the price up.
Also, the activities there today was somehow a pointer to the falling coming to an end...... hopefully.

Mfunkynation:
Don't average again.
keep your cash and observe the bid pressure and offer pressure.
If the offer pressure is high , look away and don't average.
When both stabilize, you will know the last bus top to average
Note: Pa Emma mention FV @11

Agbalowomeri:
Come with all your homegirls
Your strength shall be renewed like the Eagles'

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/39027_JAPAUL_GOLD_AND_VENTURES_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

Kingchuks:
FBN HOLDINGS PLC- QUARTER 2 - FINANCIAL STATEMENT FOR 2023

https://doclib.ngxgroup.com/Financial_NewsDocs/39018_FBN_HOLDINGS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/39006_FIDELITY_BANK_PLC-FIDELITY_BANK_PLC-_NOTICE_OF_EGM_CORPORATE_ACTIONS_JULY_2023.pdf

Fidelity planning to raise money through PO and Rights issue. To increase total shares about a third. No wonder the price has been moving far ahead of FCMB.