₦airaland Forum

Jakarta:
Same Russia will likely ban Nigeria from the competition due to genocide. Nigeria is a disgrace among nations.

yMcy56:
There are rules that guides trading in NGX.
1. For each trading day, a stock can either increase or decrease by +/-10%
2. Stocks can officially increase or decrease if a single transaction of 100,000units or more is made.
3. A stock can go on full bid (buyers queue with no offer on the table) OR, go on full offer (sellers queue with no buyer on the table) during the trading hours (btw 10am to 2.00pm on trading days OR, have both Offers and Bids.

Now to your question:
* All broking houses are connected to the Nigerian Stock Exchange digital trading platform and all traders/investors, regardless of where you're staying trades from same NGX Trading Platform........ meaning, Stanbic oo, Bamboo oo....and every other houses does not have different price for any stock.

*DANGCEM has been on full Offer (Sales) at -10% with buyers coming to buy (what you want buy is on ground), but no 100k single transaction to fall the price.

Hence, the official closing price of DANGCEM remains N480, But you can get it at -10% that the sellers are willing to sell to you, which is N432.
It can go as high as N528 and as low as N432...You can buy at any price within the price range until the price changes (with 10kobo par value mvmt).

* DANGCEM official opening price = N480
+/-10% band = N432 to N528.

** This has been discussed several times here.
** Hope it's understood.....I didn't use big terms at least....... Though the explanation long small

yMcy56:
Caverton is presently on full offer @2.52!!
Don't buy now....you can wait for it at circa N2....
Or, once it's getting bids, I'll let you know.... hope I'll remember to be checking it for you.
* Full offer means it's available for sale in market with zero bid for now

You may have to open account with a broker with live trades. It will help you to monitor what's happening in market.

** Disclaimer: Remember anything can happen in market at any time. Just relay what was observed so far in market to you**

yMcy56:
Can you view live trades?
You may have to hold on with purchases for now.....OR, be picking in tranches
Quite some sell off in the market, especially with stocks that did Rights Issues and Public Offers..
Market is currently pricing-in the effect of the likely low dividends, should the PO/RI have impact on the dividends.....
It will stabilize with time, ahead of release of their results


* What you're to do is to keep track of the prices so you can be picking at lower junctions.
* If you're already inside, then don't panic sell at loss, you'll just have to wait it out.
* Some stocks are still defensive despite the sell off anyway

** This is my opinion**

yMcy56:
NASCON
Corporate Action....

Final dividend: N2.00k
Qualification Date: 16th April, 2025
Payment Date: 9th May, 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/43268_NASCON_ALLIED_INDUSTRIES_PLC-2025_CORPORATE_ACTIONS_NOTICE_CORPORATE_ACTIONS_MARCH_2025.pdf

Youngzedd:
dangote cement
fbn
presco

* I would rather replace NEM with MANSARD when it goes below 9 naira, averaging down.


Whisper: As a beginner who wants to build a solid portfolio. Pick one MOAT stock from each sector. Also, try to target oversold stocks, don't FOMO.

MOAT - "In stock market terms, a "moat" refers to a company's sustainable competitive advantage, essentially acting as a barrier that protects it from competitors, allowing it to maintain profitability and market share over a long period, similar to the moat surrounding a medieval castle; the wider the moat, the stronger the company's competitive edge." - Gemini


#NFA
#DYOR
#DD

yMcy56:
It depends on the type of investor you are or you chose to be.
* If you plan to buy for long term, and possibly topping up when it dips then all are good aside SCOA and JULI which I don't have much insight into for now.

If you look at picking one of them, then one of my Ogas here already told you which one to pick first......
DANGCEM

My own other picks will be due to possibility of more rooms to grow and liquidity compared to those big Caps (maybe it's personal sha, I don't know):
LIVESTOCK
JAIZBANK
FBNH
PRESCO
NEM

** Note: You can always pick these stocks during "downtime" when some of them will shed weight in terms of share price.

Other Ogas here can also contribute so s/he can pick the best in order of Fundamentals.

yMcy56:
See as UCAP brought red to the market since yesterday....
The same UCAP is currently being defended @18 since......
Hopefully another good one will bring stability and green ...
The banks should just hold on first......lots of defence will be witnessed here.
Market is already pricing the possible dividends effects in.

** Not any form of advice**

*Edited....market not smiling today....

helinues:
Mambilla Power Project
Ajaokuta steel
Lagos-Ibadan express way.

You see those 3 things have cost Nigeria a lot yet nothing to show for it

LuQuLuQu:
What's 2019 post doing here? Hian ohhhhhhh


Even the op was last seen in 2020

Wonders shall never end

Tinibu na wa o

EndBuhariNow:
The same Yemen begging for foods are the one sending missiles to their destiny helpers... How large is Yemen Lebanon and And Iran that USA can't lay total waste to that land with their nuclear bombs so there will be total peace on earth for a while

WhizdomXX:
Very true.
I have a question for you tho.
Is Nigeria now so wealthy that there is free money to be giving school fees loan and upkeep allowance to students?

Esude007:
Pls God we need rain ...

When maize reaches grain filling stage, any water stress issue reduces yield by affecting:

(1) Cob size

(2) kernel size

(3) Cob length

chiiraq802:
You're the ignorant one, hypocrite. You only choose the one committed by that Christian fellow(if at all he is Christian) and sidelined the numerous ones committed by head slammers like you.

Okwori12:
I started since dry season.
I just harvested egusi and I farm sweet potato on land this time

chiiraq802:
The one way pain me pass, na that stabbing of that teenager for France. I don't think she's up to 17.
That bloodsucking terrorist stab that innocent girl to death because she wore crop top.

Just imagine, you ran away from ur extremist country, went to another mans country that accepted you. instead of being thankful, you start killing them and trying to impose those religious extremism that made you bastards to run away from your country.

But I was happy that said terrorist did not escape or was arrested.... He was shot multiple times to go and meet his 72 virgins.

Okwori12:
Sorry I didn't get back here again. It was okay but the potato didn't yield much anyway. But the vine was what I use for my half plot of land.

The Ugu did very very well

Alamu5891:
leaving corn to dry is the best option if you have a storage facility forget about boiling corn or roasting corn they have a very big disadvantages , how are you going to do the remaining corn after daily sales as everybody love fresh corn or you’re 100% sure you’ll sell off everything everyday. If you can’t allow the corn to dry market women is the next option. Here in ibadan where my farm is I’m currently selling my maize equivalent to #70 per porn buyers around the OP farm are greedy

TimT:
Hausa people left the group chat 🤣🤣🤣🤣

Austineva:
Shut up, we don't need you in our land, all we want is Biafra and Biafra is what we are getting
So, gat lost forever you Dollars agbada criminal and terrorists financier

Jacketaltrade:
Ibadan

rocknation62:
Not only mechanics mostly with people with handwork especially Fashion Designers (Tailors). Some of them can lie, only few of them are trustworthy & have the fear of God.


Meanwhile

Crossroad1:
Alot of stupid things
I remember when I saw ripe pawpaws and decided to climb the tree cos I dey feel oversabi... And man don dey get small biabia for gbola then.
Na so I use head carry devil beans, the thing come still scatter for my body.. Na from untop tree I start to pull clothes..
Compound full of female tenants..
Pull everything and was rolling on the ground..
After that ordeal, I couldn't come out for almost a week and if am to come out, I avoid all females or make I bone dem