₦airaland Forum

Streetinvestor2:
In as much as my first sentence may come out as an attack.It is because he always comes here to indirectly market his private forum or trying to redirect members here to that forum. Go back and read his post.

It is a free world bro. Nobody is forced to join any private forum. People that want to join should be free to do so. Same with people that don't care to join. People should also be free to speak freely here, including those who have private forum to market

Adinije:
Where are the "dollar will reach 3000/$" gang

https://nairametrics.com/2024/04/08/cbn-sells-dollars-to-bdcs-below-market-rate-at-n1101-1/

What is more important is stability in foreign exchange. All this yoyo dance of the naira is not helpful for even genuine business people

DS is moving forward gradually while NS is running backwards, in spite of the pending NS bonus. Wetin dey happen

yMcy56:
Attached is OMATEK result at a glance.....
* Improved result, Especially with the Engineering arm..
* We needed to see more commitment from the management to transform this Company more positively
* More importantly, we needed, and watching out for a catalyst that will positively impact on the Coy

** FA analysts can assist more with the breakdown of the result.

https://doclib.ngxgroup.com/Financial_NewsDocs/40770_OMATEK_VENTURES_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

Thanks

yMcy56:
While I may not totally get what you mean by implication, I however think this is what you're trying to ask:

The information implies that "IF you're interested in collecting those dividend amounts, you need to buy the stocks and have them in your portfolio until the QUALIFICATION DATE to be qualify for it.
* If you buy after Qualification Date, you won't be eligible to collect it.
* The dividend multiply by your total quantities will be the amount to receive on PAYMENT DATE.

Thereafter, you may sell it or leave it if you're a long term investor.
You can be buying more as the prices goes down to increase you holdings/quantities for better future dividends or price appreciation.

Please what is your impression about the Omatek result

Dangote sugar and salt don show person pepper

Adinije:
DS/NS is one step forward, two step backwards

Wonder how people that bought at #80 will be feeling

Not a fan of Dangote stocks. Na merger dey carry us go where we no sabi.

yMcy56:
No much update received on many NGX stocks so far...
There's exit option available.

Not exiting anytime soon

crownprince2017:
Any updates on omatek?

Madam Mcy, over to you. Any update on Omatek??

This Juli baby has done over 900% within a period 3 months. Incredible

DrAkpamudehe:
UBA in full bid.

Year of no gree for anybody

You got drunk already this early morning

The downside is that this IEI is so illiquid that if it locks your fund, it may take years for your money to regain freedom

DrAkpamudehe:
I reentered the UBA shares at 21.50 as I knew it was a temporary opportunity

Lucky you. Many bottom price seekers saw it but rather than dive in, they were waiting for bigger bottom.

This year's dividend payments may be chop and clean mouth, meaning prices may recover a day or two after mark down. Watch out

Bottom price seekers saw bottom prices in DS/NS but they could not recognise it. Same scenerio is playing out in most other tickers currently. Eventually, they will have no other choice than to buy at much higher cost out of FOMO

Imagine extremely lucky someone who jumped from Transcorp full bid 2 days ago to join DS at the bottom and commenced another journey of full bid..

My village people didn't allow me to be that lucky

sterlingD:
This fall is presenting very good opportunity

A beg, leave all this opportunity talk as if people have limitless funds. We want rewards for investors just like TOE is doing currently

At the moment, Dangote punishing investors while TOE is rewarding investors

yMcy56:
NASCON is a buy from my own amateur perspective ooo. *DD applies*

If it's true that a special dividend of N5.18k is declared and is confirmed, investors may likely rush it. That's my opinion.
* Bonus of 2:100 already mentioned in the FY report. It's the special dividend that still needs confirmation*


As for DANGSUGAR, one entity is currently offloading @50 in market.......or maybe it's cross deals sha, I don't know.

Please what do you know about the NASCON special dividend controversy? Any other source apart from nairametrics? If it was an error by nairametrics, I'm surprised it has not been corrected up till now.

https://www.google.com/amp/s/nairametrics.com/2024/03/04/nascon-allied-plc-declares-151-28-increase-in-profit-after-tax-for-fy-2023/%3famp=1


NASCON N5 special dividend

Jaakay:
Just buy more bros.

With which money?

At least TOE is aggressively pushing Transcorp upwards so those who choose to get out can so do and with huge profit. Compare with Dangote sugar/salt that has been on a free fall.

2zona:
Regardless, the share price will still receive it's fair share of bashing on Monday.

It was an expected result. Even our own experts here have said it countless times that we should not expect fantastic result from DS. The wise investors have priced in the result

Another way of looking at this Transcorp issue...

Should an investor who rode Transcorp from 1, 2 or even 3 naira all the way to 14 naira complain too much, considering how much return on investment within such a short period?

They can complain but not too much. All they need do is pray for opportunity to run with their profit if they so choose on Monday morning.

On bloody days, DS/NASCON will be in front but on full bid days both will be no where to be found. No be small thing

emmanuelewumi:
Elections are over, there are threads on Nairaland for political discussions

Politics, economy and stock market are interwoven. A little bit of politics has always been discussed here. I don't know why the little politics I highlighted hurt you so much. Sorry sir

Streetinvestor2:
Thr can't be any government worse than pmb.If you ever lived in the North or ever met Mb you will realise he was among the worst military officers from the North in all standard,IQ is zero..I am labour all the way and last election was the first time i voted in my life.Then, besides the baggies hanging on balablu shoulders.He is street cradle,an intelligent man,a survivalist for him to go from grass to the present position . He was able to manipulate his way both local and international ....that mean your brain over sharp,lol

Next election may not be this workover of the last one.He must bring positive card to the table or naija may burn.I expect election reform to block some loopholes seen in the last one.
Naija will definitely be better. All projection are pointing towards that.oil is already hitting 1.5 million barrels a day.

I agree with you absolutely. Tinubu with all his baggages is still far better than Buhari. Nothing can be as bad as Buhari. He was a disaster. I wonder what those who voted him in 2015 were thinking.

However, any fair minded person would agree with me that Peter Obi would have been best in the current situation.

yMcy56:
Exactly!
It's from speculators, those FX/Binance guys and hoarders.

The CBN is to blame. The so called speculators are only taking advantage of the situation. Once the CBN does its job by making the dollar available in all or most of the official channels, then speculation will die a natural death. But if the CBN creates scarcity of the dollar, then it will give room for speculation. Nature abhors vacuum.

yMcy56:
CBN mandates BDCs to sell Dollar with 1% gain..@1314

https://tribuneonlineng.com/cbn-mandates-bdcs-to-sell-us-dollars-at-n1314-01-us/
https://www.nairaland.com/8015212/cbn-mandates-bdcs-sell-us

Great. Make naira breathe small

Shalom428:
No matter how bad the bear is , DangFood will do ₦500 , time lag 24 months ( latest ) . The keyword is PATIENCE.

FOLLOW THE MONEY.

Exactly. These momentary and low volume pull backs cannot deter us. No shaking. We go long term, following the money, and it must pay.

For now, make I turn to binance, where things are happening

Transcorp has been very resilient since late last year

sterlingD:
More shedding for the stocks ?

But it was expected. No surprises

KarlTom:
Like I said yesterday, same thing is currently happening with NASCON.
The MM are kings of the business of manipulation.
Raise the last price to maximum then commence trades of less than 100k units at 'full offer rate'
So far over 6million units of the almost 10million traded today have been at 64naira or below...



The BUAFOODS game is an open challenge to DANGFOODS.
There's a gold mine here.
I am just skeptical about what the entry price of DANGFOODS will be...

NASCON back to base. This game is for the patient