₦airaland Forum

megawealth01:
ACCESS should come back to Papa at 16 NAIRA

I doubt it’ll go that low. I think N24 is a more realistic bottom. Worst case scenario, N20 should hold.

If it falls below N20, then something else is happening. Something unexpected.

Iskalamong!

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mikeapollo:
Wait until the US reduces its federal funds rate, then investors would be tempted to look for alternative destinations for higher returns.
The US in Sept 2026 increased its benchmark federal funds rate, thereby keeping things tight domestically.

If we are to go by this narrative, the US Fed is presently considering between hiking and holding rates. Rate cut is not in the discussion yet. In addition, today's US CPI data came in hotter than expected as well.

In other words, this means that rate cut and potential effects will take a while to materialise given present economic realities.

Cheers

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Stockpromoter:
For those who listened to Loco.
Enjoy

Beyond results, it is also good to know what one is trading or investing in and the associated risks.

What does Austinlaz do?
What is their growth trajectory and what are the drivers?
How about liquidity, free float, and momentum (previous price performance)?
What is their valuation?

These things matter more than we realise when investing.

Ofcourse, stock market can be irrational and one can make money even from the worst stock selection but whenever it isn't, we have ourselves to blame.

A word they say is enough for the wise.

In a nutshell, I think you are doing a great job but you can add more fundamentally sound names to your picks.

Alternatively, you can add cautionary words to speculative picks so that those following you will know that the trade idea is completely speculative.

Cheers 🍻

Iskalamong!

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essentialone1:
FTSE Russell anticipated stock rally. Much Ado about nothing...

The rally will still happen.

The timing is the issue.

When? I don't know.

But I know we will see a rally.

Cheers

Iskalamong

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yMcy56:
Thanks for this submission.
It's educative and provides some clarity.

I think it's glaring why Wale mentioned 2 Quarters to fix the debt issue......by Dec 2026 and March 2027 in two tranches.

I expect something to have been done by Q1 2027.....
We may witness some drastic actions being taking by O&O within the next two quarters.

Fingers Crossed 🤞🤞

Meanwhile, attached is OANDO table in market as at now....
Who are those 10-10M bidders?

In many cases they are fake orders, AKA spoofing.

Those bids are placed to calm the market since sentiment is bearish. If price falls close to the level of those bids, those orders will likely disappear.

Big trades such as those are usually given to brokers to execute. Those brokers will not usually show their full size on the order book. Instead, they use what is called iceberg orders. They will also look for counter parties that can match such size so that the trades can be executed in a single tranch called a block trade without impacting market price.

This is my opinion though.

Cheers

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faoogoke:
The first half of 2026, GTCO, which happens to be Nigeria’s most consistently profitable bank and one of the most admired financial institutions on the continent, earned ₦382.9 billion from government securities. It earned ₦347.9 billion from loans. A Nigerian bank made more money from lending to the Federal Government than from lending to every business, individual, and institution in its loan book combined. This fact generated remarkably little public commentary when the results were published. It should have generated a great deal more.

I think that is because the public already knows that our banks don’t do much lending (relatively).

That is why individuals patronize loan sharks and micro-finance banks.

Just my opinion.

Cheers

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jonnysessy:
Hmmmmmmmmmmmmmmm



This is a very good observation, i am yet to see any listed stock that never went down in price after listing. That is why i am not looking at the buying of the IPO as a do or die affair. I am therefore not going to sell any already acquired stock to participate in the IPO especially on the backdrop that it will be over-subscribed. I will only enter with funds i can easily raise and should in case the price dips after listing i will buy more (then i known the price will be decided by forces of demand and supply)

FOMO is real

By listed stocks, there are a few listed by introduction that did not drop. A typical example is BUAFOODS.

Cheers 🍻

Iskalamong!

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ghm:
Weight of the Dangote Ecosystem in NGX

The Total (Refinery + Cement + Sugar + NASCON - as at 3/9/2026): ₦65.22T + ₦17.45T + ₦874.58B + ₦526.97B = ~₦84.07 trillion

The NGX Market Cap: ~₦160.60 trillion (as at 6/9/2026)

The Resulting Percentage: ~84.07T / 160.60T ≈ 52%

Once their fertiliser company adds to the list, the dominance increases.

Mind you, the sugar company is presently not at its best due to the financial issues it is having.

Once that is remedied, the market value (market cap.) of DANGSUGAR will also rise significantly.

Iskalamong!

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ghm:
Exactly.
Imaging adding Dangote Cement, Dangote Sugar Refining, NASCON.
Can we calculate the % of NGX by market capitalisation that Dangote Ecosystem will be post-listing Dangote Refinery?

In addition, their fertiliser company/subsidiary will likely list on the NGX in the foreseeable future.

This will further increase their dominance on the lagos bourse.

Iskalamong!

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essentialone1:
Which day will the stock market swing back to a Bull Run?

I cant say for sure

But by year end/post election, I expect sentiments to be positive.

Iskalamong!

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chimex38:
Hmm...another angle.
This pointer almost certainly guarantees 100% oversubscription.
"almost".

It might exceed that.

yMcy56:
Oh, ok...
I think say you too wan become Refinery shareholder 😊
I read somewhere here that they even made loss last year, how are we sure the profit posted this year wasn't padded?

Besides, the Hype is too much for the Refinery..
When hype is much like this, better to step aside...
One can always buy on the secondary floor after listing and more results are released.

One close relative don call me today say it's necessary to participate in the Refinery, say Dem must buy...... I said it's ok, I no fit shalaye...😊

This is the first time I am observing that you are not bullish on a stock.

I used to assume you're the direct opposite of Agba.

yMcy56:
These AVA people....
I mean who does this shortly after listing?
This has been happening everyday without any tangible explanations for it....
Even if it's one WhatsApp platform that's downgrading the stock and causing panic sales in the Market, the regulators ought not to fold arms and watch investors money draining daily!!

I think SEC needs to investigate into what's going on, if they're truthful about protecting investors and sanction any culprits involved!

The fact that they're newly listed is enough to keep supporting the share price until there's stability in the market.....
I hope they're not out to scam people!

I'll try send mail to SEC on this....
If they like let them not reply

The role of regulator (SEC) and self regulatroy organisations (NGX) is simple: Investor Protection.

Is the company legitimate? Do they operate as claimed? Are their earnings report accurate? Then trading malpractices like insider dealings etc. Once these are checked, the regulators are doing their jobs.

When stocks list newly, they gain 10% daily mainly due to sentiments but not all of them gain 10% for many days. Examples of exceptions that I can remember now are ARADEL, VFDGROUP etc.

In fact, ARADEL is a perfect example, you can check the price movement post listing.

Furthermore, it is important to note that regulators cannot control sentiments. The best that they can do is the daily price rise ceiling of 10% and daily price drop floor of 10% which they have done.

Cheers 🍻

Iskalamong!

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yMcy56:
Agba, don't read my post upside down o.
I was referring to an insider who kept moving 90k units and crashing the price in the process.......and thus making investors to lack faith in the stock.

It's obviously NOT a case of demand and supply BUT insider's continuous activities, maybe because he has huge volumes and crossing it while those picking kept bidding it down...
This in turn is affecting investors confidence.

If at all, he wants to cross, he should be crossing it up or, at least be balancing it.
* We've seen such scenario in a number of stocks and they're rather building confidence and making shareholders smile..
E g. Vita foam, etc. 😃

Better still, he could easily find a buyer and sell/cross enblock to.

I get your point ma.

In my honest opinion, brokers trade less than 100k units of stocks mainly to avoid changing the price or raising eye brows. It is a common practice on the local bourse (NGX).

Meanwhile, the fact that trades are executed in tranches below 100k is not an evidence that insiders are behind the transactions. It may or may not be insiders. Please dont let us conclude in a hurry.

Again, this year is a pre-election year, it is not uncommon to have a weaker H2 in the market. This also happened in 2022. Then, GTCO dropped below N17, ZENITHBANK below N20 (if I remember correctly). It doesn't mean that insiders are the ones manipulating the price.

Best regards,

Iskalamong!

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lawani:
There should be a rule that you must demonstrate profitability before doing an IPO. It isn't hard. Meaning you must open your books for maybe one year

This type of rule will not hold. In developed markets, companies like SpaceX, Fintech companies amongst many other unprofitable companies list on their exchange(s)

Instead, I think what is practical is that investors and traders should have their due diligence checklists or conditions or criteria before investing, trading and/or speculating on a stock.

Sometimes, investors look at the future prospects of the company rather than their present level of profitability. Hence, due diligence is the responsibility of the trader/investor.

Thanks!

Iskalamong!

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yMcy56:
If AVA cannot put the affairs of her house in order, then they're better operating as a private company.

NGX needs to develop some rules against these dealings and also amend Rules to protect the public where necessary.

I hope this SEC doesn't turn to a toothless dog eventually.
Quite some unexplained activities in many stocks since last year and since January.

Using precedents, when ARADEL listed on the Lagos bourse, we saw the stock gain 10% for the first few trading days after which the stock became fully offered and the stock went downhill from there. If I remember correctly, the stock peaked above N800 and dipped to about N400 or even lower post listing. That is about 50% price decline which is not very common for fundamentally sound stocks listed on the NGX.

This reflects market sentiment. It doesn't mean ARADEL's house was not in order.

Kindly note that I have not analysed the stock in question so I do not know whether it is fundamentally sound or not.

I am only saying that when market sentiments change, prices can be irrational.

Thank you

Iskalamong!

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essentialone:
*The 19 Nigerian Companies usually invested in, by Foreign Portfolio Investors (FPIs) are:*

1. *Access Holdings Plc* - `ACCESSCORP`
2. *Airtel Africa Plc* - `AIRTELAFRI`
3. *BUA Cement Plc* - `BUACEMENT`
4. *BUA Foods Plc* - `BUAFOODS`
5. *Dangote Cement Plc* - `DANGCEM`
6. *First Bank of Nigeria Holdings Plc* - `FBNH`
7. *Geregu Power Plc* - `GEREGU`
8. *Guaranty Trust Holding Company Plc* - `GTCO`
9. *Guinness Nigeria Plc* - `GUINNESS`
10. *Lafarge Africa HBMNG Plc* - `WAPCO`
11. *MTN Nigeria Communications Plc* - `MTNN`
12. *Nestle Nigeria Plc* - `NESTLE`
13. *Nigerian Breweries Plc* - `NB`
14. *Oando Plc* - `OANDO`
15. *Seplat Energy Plc* - `SEPLAT`
16. *Stanbic IBTC Holdings Plc* - `STANBIC`
17. *Transcorp Power Plc* - `TRANSPOWER`
18. *UBA Bank Plc* - `UBA`
19. *Zenith Bank Plc* - `ZENITHBANK`


If you want to follow Big Money players, now you know where they go to...

Are you sure about BUAFOODS.

The reason why I asked are as follows:
1. Relatively new listing. FPIs were leaving when the company listed.
2. Relatively low free float. Liquidity issue when it comes to buying and selling the stock as FPIs usually have deep pockets.

Cheers 🍻

Iskalamong!

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ehay:
[color=#006600][/color]

Do you trade forex, you just sounded like a macroeconomics forex trader..

I don’t but I am open to it if it is profitable.

The reality is that savvy portfolio managers (local and international) use some form of technical analysis. It could be trendline, chart pattern, moving averages etc

Cheers

Iskalamong!

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ositadima1:
But people entered WAPCO at ₦30 based on charts and technical analysis, or do you think TA traders only buy stocks like Zichis? TA traders enter stocks not because the financial statements say so; they often don’t even look at them. They look at charts and price action.

I remember telling you, based on the charts, that WAPCO was a buy at ₦30. I can even bring up that post if you want to argue about it.

Real investors and traders usually use both.

Fundamentals to know the quality of what you’re buying. Is it worth buying? Is it overvalued or undervalued?

Technical analysis to know how it is trading or how it trades. Uptrend or downtrend? Are moving averages reliable for trading the stock? Is it at a resistance and ready to breakout? Is the price movement predictable or random etc

Sentiment to know whether it’s time for quick money or whether the market is risk off.

Other analysis can be used as well. Example: seasonality. That is, does the market tend to rally at certain periods? Etc.

Combining these greatly improve your chances of success.

Cheers

Iskalamong!

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emmanuelewumi:
Never wrote them off, just to let people understand the implication of buying something whose PE ratio was about 150

Many speculators are left holding the bag in Geregu now after the exit of the former owner.

It is super necessary to know what one is doing when investing or trading.

Iskalamong!

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Agbalowomeri:
Market price means "any available bid at any price" or am I missing something

I think he used limit order for his sale.

The price he inputed is the current market price (or previous day's close price)

However, if price does not trade at the market open price, his order will not be filled.

In a nutshell, I think its not market order, which would have been executed at the best bid price.

Best regards,

Iskalamong!

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Bizibi:
I pray dividend is not announced in May.....

lol

That will likely lead to selloffs in the banking stocks.

Iskalamong!

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GabsonFX2:
Don't mind the scvmmers: The strategy is the simplest of all kind:
Strategy that gets me paid by FTMO almost every 2weeks trading cycle, sometimes 5 figures, and sometimes 4 figures. How is their own different, it's cos they are surprised and in shock to have me as their client.

I trade only one pair: gold
I don't use more than 45-50% margin at a time, lot size of 0.25, or 0.30 or 0.5 on one pair is not too much on a 100K account, I entered 1.0 lot size only on 3 occasions when my confident level was 100. Again, that is not too much for a 100K account.
I don't do bulk trading, only one trade at a time, in rare cases, I would have 2 or max of 3 trades at a time, not more
I don't use EA, no bot, no copy trading.

I chose them cos I read they are next to FTMO, but eh, they are at the very bottom of the spectrum: I broke no rules and this is why they ghosted me, no email to say why they deactivated my account.

You are the second consistently profitable trader I know that will be complaining about the5ers.

The first person said something along the line of him being too profitable or exceeding the expected profit target. I can’t remember his exact feedback. All in, he was denied payout and the reason provided was ridiculous. He is South African.

At the time, I didn’t take him seriously due to the reputation and positive reviews that the firm have.

Now, I know better.

Iskalamong!

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HesInMe:
I'm just wondering what you're seeing in the company to bet on it long term. The business seems undifferentiated, and their fortunes are tied to the whims of a handful of customers. If MTN wakes up and vexes...

That company’s historical financials speak volumes in terms of exponential growth. The price movements have also been impressive. The stock is a multibagger stock and based on their recent numbers, there seems to be more gas in their tank.

I understand your point in terms of their undiversified customer base (customer concentration risk). It is valid but that stock is potentially one of the biggest (and financial performance backed) compounders on the NGX in recent times. Very similar to NAHCO, PRESCO and SEPLAT. Other stocks that may tow that path are ARADEL and TIP.

Best regards,

Iskalamong!

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ojesymsym:
What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

Sarcasm bro

Sarcarsm

Iskalamong!
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IyaTola:
IMPLEMENTATION OF A PEER-TO-PEER (P2P) SHARE TRANSFER SYSTEM ON THE NIGERIAN EXCHANGE (NGX)”

It is advisable for the Nigerian Exchange Group to consider introducing a direct stock transfer or peer-to-peer (P2P) share transfer mechanism within its trading infrastructure, similar to the model used by cryptocurrency exchanges.

Such a system would enable investors and traders to transfer listed equities directly between verified accounts on the exchange platform, without the compulsory involvement of traditional stockbrokers for every transaction. Technically, this could be implemented through a centralized digital registry or blockchain based settlement layer that records ownership and validates transfers in real time.

By integrating this functionality, NGX could achieve several strategic benefits:

* Improved market efficiency: Real time or near real time settlement of equity transfers.

* Reduced transaction costs: Minimizing brokerage intermediation for simple transfers between investors.

* Enhanced liquidity: Easier movement of securities between market participants may stimulate trading activity.

* Greater investor participation: Retail investors may find the market more accessible and technologically aligned with modern digital asset exchanges.

* Transparency and security: A digital ledger system can provide an immutable record of ownership and transaction history.

To ensure market integrity, the system could still operate under NGX regulatory oversight, incorporating KYC/AML compliance, account verification, and transaction monitoring, while allowing investors greater flexibility in managing and transferring their equity holdings.

Overall, implementing a secure digital share transfer framework could modernize the NGX ecosystem and align it with emerging global trends in financial market infrastructure.

Veteran Kingsley W.

This will significantly reduce the importance of brokers.

It will also significantly reduce their brokerage income as well.

I doubt SEC will approve such any time soon..

But if implemented, it will really reduce transaction costs for investors and traders.

Iskalamong!

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megawealth01:
I'm hearing rumours that Oando is about to skyrocket because political calculations don start? They say jagaban fit dey favour him nephew small small... If you bought Oando at sub40 just hold am right at your own RISK


Abeg na rumours oooooo... Wetin I dey talk sef?

DYOR

From a technical stand point, Oando has broken the N47 weekly resistance by closing above it today.

That's a valid break of structure (BOS), if price makes new high in the coming week without breaking the support at N40, then we are likely going higher.

That will confirm a market struture shift (change of character).

Thus, we may have seen the bottom and may be at the beginning of an uptrend.

Position trading stop loss would be below recent swing low at N35 and target above N90 mark. Entry below N50 (The lower, the better). Reward to risk is c.3:1 to 6:1 depending on entry point and trade execution costs.

All in, your rumours align with the stock's technical picture.

Disclaimer:
This is for educational purposes only and is by no means an investment advice.

Cheers 🍻

Iskalamong

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daharry:
For those waiting for the same script as 2022..
Look at the charts critically(BTC,ETH,ETH/BTC)just to mention a few, it would not the the same price actions.. I could even say bitcoin is primed for new highs before we even see a new low. Same way Q4 euphoria was ever crowded.. the 4yr cycle bear market style -80% drawdown is over crowded, it may not seem like it, Infact, it’s even looking more like 2022 style with a dead cat bounce in March during the Rus/UKR war, but I bet my balls on it we are not seeing the same price action..
There are lots of metrics that screams a new high and Alt outperformance this year or maybe I’m just living in an alternate universe..

Next cycle would be heavily left translated too..

I think you may be living in an alternative universe.

The bears are not over yet for bitcoin.

My advise is for you not to be too early, wait for a clear signal that the bottom have been hit.

All in, lets see how market reacts.

Cheers 🍻

Iskalamong

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Fxwarrior:
I expect bullishness in gold.

First entry will be 5155

If what I am expecting works out, gold might be over 10 000 to 15 000 pips up by April.

For now, US stock indices are rising and gold is falling.

This indicates one thing, risk on sentiment.

I would rather wait for sentiment to reverse before taking a long position in gold.

Short for now or staying on the sidelines makes sense.

Today, we saw London sweep Asian high and reversed (This is textbook turtle soup).

Since Nymex open and Newyork cash open, price have not been able to sweep Asian or London highs, instead, there have been downward displacement (though not aggressive), this hints at bearish continuation (or sideway market).

Likely day trading target is asian low or yesterday's low at c.$5,000.00 and stop loss above London high.

Anayways, no strategy wins 100%.

Lets see how the market plays out.

Cheers 🍻

Islalamong!

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awesomeJ:
I'm revising my volume target for 2026 to N50bn with 2-5% net margins.

Since that figure is higher that the revenue made by most NGX companies, I'm realizing that my activities are becoming more significant in the market, so I can no longer make as much comments as before

That's really huge if you can meet your net income target especially when your portfolio size is put into consideration.

All the best.

Cheers 🍻

Iskalamong

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mikeapollo:
I think ''if'' is appropriate. No one knows tomorrow.

Very true.

Don't take the comment too seriously.

The if made it sound like 50:50

But its more like 80:20 in favour of the incubent.

Cheers!

Iskalamong!

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megawealth01:
If jagaban wins 2027 then cool

If?

Its looking more like when

Iskalamong!

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