₦airaland Forum

sageb:
It's been Long time, welcome back sir.

Arc. Tonye Cole from Rivers state is the owner of Sahara Group.

It's been a min... How you dey?


It's co-owned by the 3 amigos (Tonye, Ade Odunsi and Tope Shonubi)

The list contains duplicates and misinformation e.g.
Folawiyo appearing twice on the list for the same company
Ayeni being wrongly attributed to Sahara Energy

specialmati:
be useful na,the builder of Lagos needs your suggestion as per which country cement to use in building Nigeria.

In a 2018 interview, Peter Obi said he invested $20 million in International Breweries on behalf of Anambra state as a governor.

Obi’s claim was in response to questions on economic development, Anambra politics and his presidential ambition.

“… Anambra state is the single-highest shareholder in that facility. I invested in it, over $20 million,” Obi had said.

“It is worth almost $100 [million] today. That’s what government should do.”



https://www.thecable.ng/revealed-peter-obi-administrations-12-24m-investment-in-international-breweries-now-worth-5-38m#google_vignette

RSQLPython:
Thanks. I was just tired of the 4.5% yearly gain on the savings.

Invest the principal in TBills and re-invest the coupon in stocks

May the evuuuu god of analysis paralysis depart us in baba God’s name..Amen!!!

Mankind2024:
My philosophy is buy and hold forever.

Surely this only works with companies with sound fundamentals (Great products, robust operating model and strong leadership)

Regardless, Audit companies providing assurance activities on these companies do still get it wrong from time to time and it’s not inconceivable to see another WorldCom, Enron, Patisserie Valerie et al

Streetinvestor2:
Who is with me on this yeye decision. Since I started stock market,I have never sold any stock below the price I bought it.what I do is
1.If I believe in the company,I average down till I sell later at above BE
2.The shares remain thr till the company closes shop like Union homes,and many insurance companies. That is why I no like insurance companies. They do me saga in this regard
3Then some stay till they delist or another guy buys them over.it happened to Dan flour. I was with it from alhaji to tiger brand and back to alhaji. Then finally olem..Luckily all delisting has been above my BE.Adova oil and gsk
4The remaining is just thr in my portfolio. I just sold japaul. I am waiting for tantalizer, abc to go above my purchase price

I know I have lost time value of money but I no dey gree sell at loss

I guess this only works if you have a diversified portfolio. It's a responsible decision to constantly risk assess your portfolio using the usual investment metrics. Counting your loss should also be an option even if it's the last option

SAK:
Even the defensive stocks prices are falling too..this is a serious situation.

You will normally expect them to weather the storm better than the others though

How about defensive stocks, surely some stocks will weather the storm better than others.....

Here comes the "i told you so" genggg

Streetinvestor2:
What else do you do here.You are the one that lure newbies to all kind of stocks. You are really double face

I'm 100% certain he has never put a gun on anyone's head though. I don't even get the incessant disclaimer of DD must be applied!!!

You are responsible for your own actions has never been true to the core !!!

You really shouldn't be investing your hard earned cash if you don't understand the game of pump and dump. It's really as simple as that and everyone is responsible for their own action/inaction

Locotrader:
I still maintain my bullish stand.
My own stock can't pullback more than 20%.
By Monday,I will have some fund to average down on my stock

In the next 12 months, we will count miles after the race.

Jamie248:
The sensible thing is for these fools to set up their own app and capture the forex from source too but they are mentally lazy, all they will do is blow grammar, rob the treasury and whine

Brain-dead mongoloids

Let’s assume this is a brilliant idea, here are some pertinent questions for you to consider:
1) How should CBN source the outflow naira since they can’t simply use QE as soln
2) CBN can’t simply source Naira from the banks (Monetary Deposits) they regulate as that will simply turn them into a direct competitor

kenmaro:
Please, I need very urgent advise on transcorp shares. I bought about 145,550units at 1.42 over 5years ago and I have been holding this, funds tied in there with no growth and no reasonable dividends. Though, I have no need for the funds now but I am thinking to sell off and look for a better stock with good appreciation to buy or buy back into transcorp with higher quantities if the price drops again as it has been doing? Kindly advise urgently please 🙏

@Mpeace
@PETERiCHY
@yMcy56
@BullBearMkt
@Agbalowomeri

Agbalowomeri:
Write it off
You already waited for 5 years and the value of the stock has been decimated already by inflation.
Who knows thunder might strike twice on the same spot and you may be able to sell above 4.
It's a lesson to learn more about the market

I hope you listened @kenmaro

4tunebest:
If you haven't yielded completely to Christ, you are missing a lot irrespective of whatever great things you have achieved. You can achieve more. I also want to thank everyone who spend quality time to give investment advise on this platform. The Lord will reward you massively. Please keep up the good work

Super awesome!!!!

I hope Christ will also be at hand to help/inform when the bears comes calling sha

Something weird on the meristem platform. Their transaction date is effectively Today()-1

ositadima1:
**In the second chart I extended the data points back to 2020. Interestingly, there appears to be another pricing relationship from 2020 to 2022-03 of roughly 12 units of salt for every 10 units of sugar. I'm not sure if that is just coincidence.

Superb!!

Perhaps that’s how they arrived at the ratio

In any case, are you able to extend this analysis to possibly identify pairings that normally has a relatively stable historical deviation, and now lags significantly from such deviation. That could potentially provide a buying opportunity with the lagged stock if the analysis is bang on point

ositadima1:
It is only logical that the two stocks must be priced in relation to the proposed announcement, even when the actual listing price is not known.

And since we know that DangSugar is the stock that is going to absorb the others, DangoteFoods' listing price should be very near DangSugar's or exactly it.

A huge variation of Nascon, especially below, from DangSugar would be a sure opportunity. So, I plotted the daily variations and noticed that it maintained close proximity to the proposed ratio.

On the other hand, I am a hobbyist stock data analyst. I ask questions and try to use statistics and stock data to answer questions as my power reach.

Volume of transactions is moving the price and it’s definitely interesting to see the perceived correlated pattern emerge

I don’t think the volume of transactions (post news) that directly correlates with price, can be manipulated to maintain the deviation. Hence my correlation doesn’t always equate to causation comment

To further test your hypothesis and validate the outcome as true positive, i have basically asked that you increase the scope of period used in extracting the daily deviation. This will allow us confidently and logically conclude the behavior is somehow related to the news even though it’s still an oddity

ositadima1:
It is very surprising how data can reveal patterns that validate logical assumptions.

Below is a screenshot showing the percent deviation from the proposed 12 Nascon to 11 DangSugar ratio. You can see how the market has maintained this deviation between +5% and -5% starting in late August, coinciding with the announcement date of August 30th.

Even though the market does not fully agree on the price given its oscillation, it has maintained proportionality close to the announced ratio.

As of yesterday, we have a +4% deviation in favor of Nascon. I can assure you that one of two things will happen next week.

Either Nascon will fall below 60 or DangSugar will break its highest level of 70.

Edited: From the chart, I also noticed that the two stocks were already moving to align before the announcement date. Is this some form of inside trading? Have some people gotten the news before others?

Correlation doesn’t always equate to causation though

What’s the mean daily variance pre vs post News

Btw, are you a data analyst?

Yoast:
The problem with Transcorp is can it pay dividends to sustain current price/rally? I guess those in the bus already will rather follow the money than bother themselves with such questions now

Great question!!!

Same goes for Transcohot

..

If you want to gamble, look for some stocks that respond to sentiments and gamble.

If you want a handsome reward in the future, look for Transcorp and buy with all your heart as much as you can.Remember it is trading at a range now.Btw 0.94 to 0.98.
Anytime you see it at 0.94,dont miss out.Keep on targeting at 0.94 until you are done.You must have a story to tell.Say na Loco told you this today.

I hope this dude listened at the time.

megawealth01:
Newbies please avoid my STOCKS they are extremely HIGH RISKS... Sometimes it will take a lil PATIENCE for you to gain from them which you might not have the money to tie down... See transcorp that is being celebrated today check my transcorp post of 2020 and see that I've been buying that thing when it was less than a naira without hope sef. I refused selling it for only ONE reason which I won't want to share today maybe some other time...

I won't be writing DD again henceforth

You too like to dey whet our appetite sha . Oya share your FA rationale behind the Transcorp hold jare

KayOn1:
👀

👀

Abeg, who fit epp us calculate fair & book value for Transcorp?

cococandy:
Wonderful. Can’t complain

And yours?

Likewise
Stay blessed

cococandy:
happy holidays 👋🏾.

Long time

Happy Holidays

How fam?

cococandy:
Thank you

Yes I’m an Adanne

Madam CoCo

phadriz:
They have released you from the WhatsApp group as well abi. You fake guys fronting for Stockbrokers to push people on stocks and loan. It won't work.

Lol!!!!

Oya it don do naaaaaa

phadriz:
Just look at your analogy. Someone with portfolio worth 90 million will now be applying for 9 million naira loan to buy stocks? Who does that, it is foolishness and greed. Pennywise pounds foolish such an investor.

Dude you need to relax!!!!!!

If you understand basic maths and risk strategy he has been trying to school you on, you won’t be yapping on about something you have no clue about

Just let it go already wouldya?

Princkez:
any news on TRANSCORP?

I’m also scouring the net for any potential fundamentals fueling the bull. Been on the ride since 0.91 and i have quite a chunk of stake in it