currentprice:


in d making....

it not useful for anyone now until the price collapse finish.

no rushing, we are making money the year/next

patient is the key

We trust your government...

currentprice:
Ekuu Market o

baba you never give us oxygen for this year o

Locotrader:


The dead in Christ shall rise first together with those alive to meet Jesus in the air.Therefore comfort each other with these words.........

E Don tey whey them teach us to get hope

This one no be hope o. Operation averaging down started this morning. When it's time to reap my harvest, I go call you...

You only lose in stock when you sell. DS is a solid stock. As long as they are still business and you have steady cash flow, it's to keep averaging down till the merger goes through. I was averaging up before and now I will be averaging down because I am sitting on a pile of loss. The koko is to find out when Dangote Rice will become operational...

Has anybody bided through GTB? What is the experience like? Was it successful and what rate?

Emeka1441:
the problem is not buying.. but the problem is.. will they recover?

They will from Q2

Mankind2024:

The truth of the matter, no government or tax authority can force an individual nor a quoted company to declare profit or pay a direct taxes on earnings.
The decision is yours, all they need from you is a financial statements.
The Auditor/s usually request for receipt of expenditures , contract, loans and overdraft advances.
As a sole proprietor, I ensure all my on and off business expenditures are directly and indirectly transferred to my Entrrprise. The implication of this is that the government cannot and would never get a direct income tax from me, coz I I was not employed by them nor listed on their payroll.
MTNN just decided to show Nigeria government and shareholders a maximum shege BARAWO BANZA.
You will need a all the forensic auditors in Africa to investigate MTNN.
We are just @ ther mercy

There is no mago mago here. The major reason for the loss is the dollar denominated contract with the likes of IHS and co who manage almost all the towers across the country. Recently they have been working on new contracts with other vendors that will require them to only pay in Naira. The same is applicable to other telcos. Airtel 9 months result only made 2Million dollars and this is the global business. Wait for their full year result and check that of Nigeria subsidiary and you will notice similar trend. Una government messed up the country. The good thing is that they too are affected because the billions of naira they normally receive in tax from these companies is gone until things improve.

Streetinvestor2:
Really, why will bank hear it because of cost of borrowing is more expensive. Or you say it because you saw it somewhere..The only people that will hear it is those seeking to borrow from the bank and banks will make more profits from borrowing from government.
What fundamentals was thr when pmb was and now you have jagaban.what has changed in the forex fundamental apart from the floating by this government. The speculators and hoarders are the ones manipulating the dollars.....we dey here.....how much is it today already .I expect panic sell off of dollars soon from those with small holdings .Then later the government thieves with large holdings will join.I expect the government to ban the use of physical dollars for anything in nigeria. Anything to do with dollars should only be via transfer after the bvn/nin update by banks..

Banks borrow money from themselves and CBN

PETERiCHY:
https://westernpost.ng/breaking-president-tinubu-moves-revenue-from-crude-oil-sales-to-cbn/


PBAT is a GAME CHANGER.

Firstly he moved CBN down to LAGOS now he hands over the AFFAIRS of NNPC to CBN 🤣🤣🤣

If you don't get it forget it.....

I thought NNPC is now a private company that's about to go public. How would that work?

Agbalowomeri:


The only thing sustaining Bitcoin and any other crypto today is the criminal movement of money. It will never be acceptable in the mainstream

BTC ETFs have been approved by US SEC. Trading starts today...

megawealth01:
Read up the MANAGEMENT TEAM of ELIJAHLAKES

https://ellahlakes.com/?page_id=356#:~:text=Chuka%20Mordi%20%2D%20Chief%20Executive%20Officer,Nigeria%20and%20the%20United%20Kingdom.

Make your own decision... I'm heavily loaded on it just as I announced other stocks that I'm heavily loaded in

DD always

Has there mill that they are yet to install since purchase in 2022 started producing anything?

yMcy56:

To get DANGFOODS, simply buy DANGSUGAR or NASCON or both.

WEMA is doing Rights Issue, they can't give bonus shares.....
ETI coming out from turbulence, bonus is not expected here..... except they're not sincere to themselves again.
WAPCO: Don't know and not sure of this either.

Happy new year Mercy. Is DS okay to buy at current price?

STOjo:
For clarifications on items 1 and 3:
Is this in a Nigeria bank or offshore. Not aware if our commercial banks can give any loan less than 20% at present.

Yep, Nigerian banks. Almost all Nigerian banks offer credit cards. You can check out Stanbic, GT or Standard Chartered. And yes you can get interest rate below 20% depending on your relationship with the bank. Currently, I can get at 17% if I want to.

Happy new year guys. In order to contribute to this valuable ecosystem, I will share the below tidbits on using loan to purchase stock.

There have been some back and forth on whether it is advisable to use loan to purchase shares. some are against it, while few are not. I used to be against it but now I purchase my shares with loan. But I only use cheap loan. I cannot advise you on what kind of stock to purchase using loan. I can only provide some nuggets on how I obtain cheap loans in case you are looking for how to do so. The limit however is directly proportional to your leverage aka credit worthiness.

Please note that financial institutions are obligated to share your credit information with the global credit bureau. This means that if you default, you won't be able to access credit anywhere in the world. So if you do anyhow you will see anyhow.

1. Credit card: You can obtain credit card from your bank. The limit can be as high as 5Million and above depending on your income. The interest is zero so long as you repay within 50 days. Note that they will charge you 50% interest if you don't pay back within 50 days. I make use of this one alot but be careful if you are going to obtain one.

2. Close ended groups: If you are a member of some close ended groups you can take advantage of their loan system. It is usually cheap (single digit interest rate). But you have to be making some periodic contributions to qualify. I also make use of this as well.

3. Strategic partnership with your bank: Depending on your leverage and relationship with your bank, you can obtain cheap loan from them to purchase shares. I used this method last year to purchase 2 quality stocks with a single digit interest rate. I just finished the payments 4 months ago.

4. Family & Friends: You know how this one goes but you have to be a trusted fellow for it work.

So good luck to you as multiply our portfolios this new year. God bless.

emmanuelewumi:



Get in touch with your financial advisor.

Because Emeka bought more does not mean Emmanuel should by more

Because Alimat sold does not mean Mary should sell

My oga don't worry, me and Emeka we think alike. Besides I need no financial advisor when I have you. I have Dangote shares and in the process of obtaining a loan to purchase more. Just needed some analytical information on DS versus current price. Thanks.

emmanuelewumi:



Between 10 to 12 weeks

Thanks oga emma. Is it advisable to buy more at current price?

aj8:



0.12 is for a quarter….use best quarter as earlier discussed on the premise that growth stocks are meant to grow
4 quarters = 1 year =0.48
X4 of the estimate FY i.e 0.48 =1.92

Understood. Thanks.

ositadima1:


To estimate annual EPS for his growth formula, he simply takes the EPS of the best quarter and multiplies it by four. Then, he multiplies that number by another four to account for his projected growth. I'm just explaining this approach, not endorsing it as right or wrong.

I see. I get the first 4 (full year estimate). Why the second 4?

aj8:



My common sense target for TIP is N1.92. Range N1.92-N2.40. Bought some on Friday @ N1.01 . Will buy more only below this price.

Still a bit confused boss. Why are you multiplying the EPS by 16?

megawealth01:


I don kukuma use my own gamble another stock

Which stock be that?

@customstreet drop the stock na before bot ban you. The wait is dangerous...

onegentleguy:
To all who sent me several messages of support, I thank you. ...I appreciate your kind gesture of gratitude for everything we do and continue to do.

To the few (replicating as a many) who criticized me (even though I felt I never deserved it), I also thank you.
Am sure there'll be a thing or two to learn from your various input.

It's time to move on. What will be, will be!
It is well.

I want to message you but I have long since discarded the email attached to this account in my quest for anonymity. Seun needs to add private chatting on this platform.

onegentleguy:


Following request from several folks, I have since added 3 new names to the outline so it's now been modified to "8 treasured/explosive select equity names with great value accretive potential."

The bonus names have also been increased to 4 bringing the total No of stocks in the outline to 12.
Again, outline will where applicable, include other stock/market driven information with high ROI/value add plausibility.

Brief description...

It is an investment guide with a careful selection of where you need to put your money for a possible high ROI in the near to mid term. (a period of 6--15 months as benchmark TF) following series'of in-depth analysis, extrapolations and forecast using proven financial models and my derivative tools.

The outline also includes all but not limited to the equity Trade Setup, Reward Margin from Target Entry Prices & Possible Exit Prices, Recommended Portfolio weighting, Expected Time Horizon, Risk Level (ref: RRM)... etc

The additional has already been sent to those who had previously requested for an order.
For newly interested persons, you can Indicate by using the mail in my profile or sending a message across.

N.B: Not a free service.

Regards

How much first oga OGG? Is it pre or post profit?

Yoast:

I dey DS, NS, Chams, TIP and Deapcap in decreasing order. No more money. Make I no go spend money to chop food for stock trading

What did you guys see in Deapcap?

phadriz:
The integrity of AFRIXM management should be question, how could you approve $800m loan for a company without due diligence? No latest audited FS. Africa financial services market I shitty

Banks don't necessary use financial statements as a determining factor for granting such loans. It is the analysis of the business deal that it important to them which I believe they must have done before granting them the loan.

emmanuelewumi:




It is an Indian owned medical diagnostic company with centres all over the country.



Made a profit after tax of over N6 billion in 2022

Thank you. Did they pay dividend? How much dividend?

yMcy56:
MECURE
MECURE Industries listed on the "Growth" section of the NGX.
Listing price: N2.96k

Mercy which company is this? What do they do? Do you have their financials?

Thomas Waytt plans to issue a bonus of 4:5. Qualification date 23 Nov, 2023

https://doclib.ngxgroup.com/Financial_NewsDocs/39850_THOMAS_WYATT_NIG._PLC.-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_NOVEMBER_2023.pdf

essentialone:
https://www.youtube.com/live/98wb79Zyrzc?si=ZtGMzJEEblOKkMwk

Click to attend OANDO Annual General Meeting today.

Highlight so far

1. 98% of current revenue are earned in dollars. No more Naira revenue
2. Proceeds from sale of retail stations were used to pay bank loans
3. buyout of minority shareholders will only happen if 75% of the minority shareholders approve the buyout during the court sanctioned meeting.
4. The company had issues because they had to pay over 600Million to some shareholders as mandated by SEC.

Agbalowomeri:


Na inside Dollar I dey till generational low 😂

I dey dollar too o. Tell us when it is time to become patriotic again...

Agbalowomeri:


Lol when everything has been opposite this year

Oga Agba you don enter back?

customstreet:



The case would be adjourned with no fixed date of rehearing

Meaning no more buyout?