₦airaland Forum

mendes911:
Zenith.

N20 wall shattered. Headed for N19, hopefully before COB today.

(Am only doing the work that Mcy56 haff abandoned).

It might hopefully close at 18.80 today

yom2:
OK. Market can reverse any time

Issorite, I really wish some of us are privileged to the info some people have access to but some of us doesn't. For someone to be shouting bull and they never grind beans in December and suddenly tell you to sell in January. We should know he has privileged info and the more reason I chatted him privately on what happened. There are some things we cant discuss on a public forum.
It's well, truly we have Men in Black in NSE.
I used to have direct access to Fidelity result before it was released to the public but when my guy left the country and relocated to Canada, that insider info was gone. He cant buy during those close period because he was an insider but I used to buy based on those info he usually feel me in. In this NSE, the more u look, the less u see.
We will be alright las las.

bigjay01:
In my usual unbiased nature, I make bold to say Oracle called it right!

I have started to have a lot of respect for him, he has called it right twice since I know him. He did it in Jan 2018 and also in Jan 2020 for people to exit the market. The guy is truly Oracle, I come they fear may be the guy truly get shrine for Nnewi wey hin dey consult always to know when to come into the market/exit the market .

Please we need to console the newbies and co that were asked to buy access at 12, UBa at 9.25, zenith at 23 ati bebelo. This time shall pass. It's all part of tuition fees.

ukay2:
Loooooool

We like it like that. .....go your vacation na oga RabbiDoracle

My oga just came back from vacation with NSE loot after barbing newbies gorimakpa.

arduino:
Na only tasere units I get here oooo.........
If to say I know say na so the financial print go good reach, I for collect that loan wey GTB dey use pursue me up and down everyday @1.75/month put here

That interest rates might be jacked up soon with this new CRR that was increased to 27.5%.

kolaish:
This your monkey is a bit beautiful. Anyways, I have put in a bid of 1m units @ 37k in solidarity. Afterall, what are friends for

Oga mi sir, my hand no dey o. I dont buy such stocks sir.

Mcy56:
Baba Jeje you see road.
I saw the result too.........but guess people no longer have faith in the stock again.

I no check the result ooo na
Teni said
ABC Transport just announced a profit of N211 million after tax.

That approximately 31% returns at the current price of .41 kobo.

While it may not be one of the most popular companies in Nigeria and has had a few years of struggling, it remains one of the biggest brands in cross country road transport.

In 2019 they made N2.3 billion from trips, N1.19b from haulage, N1.6 billion from load and waybill and N1.7b from selling off their old vehicles.

While it is a positive result, it still remains a small margin business with high administrative costs which mean that while they may be making good money, most of the money goes into paying of staff salaries and lots of other business expenses.

This may make it an unattractive company for investors because there isnt enough profit margin to make sizable profits by virtue of the business model.

Nonetheless, it is a valuable business with useful service to the society. So their work is appreciated.

They also spent N1.2 billion on fuel alone in 2019! Whew!
Thats alot of fuel.

Agbalowomeri:
Na Nosa2 stock

Yes oo, oga Nosa2 stock

Why is no one talking about ABC transport newly released result.

currentprice:
EKuu Vitafoam and WApco new 52 weeks high o

My boss don hammer oo. His stocks making 52 weeks high back to back

ndidigood:
meristem

Wow, interesting. Thanks madam, well appreciated.

Pls who is the registrar of vitafoam please ?

Nigsrdumb:
I'll tell you what I've gone through so far, my account abroad was shut down because I sent dollars to naija, I also almost lost 1 thousand dollars that got stuck in a corresponding bank.

I really don't know, nothing seems to work properly in naija .

This is strange sir, can you tell us more please as many people on this platform usually send dollars to Naija without any issue with their foreign account

Mcy56:
As requested:

2018 result
http://www.nse.com.ng/Financial_NewsDocs/25536_UNILEVER_NIGERIA_PLC._FINANCIAL_STATEMENTS_MARCH_2019.pdf

2018 div.
http://www.nse.com.ng/Financial_NewsDocs/25630_UNILEVER_NIGERIA_PLC._CORPORATE_ACTIONS_APRIL_2019.pdf

Thanks ma, well appreciated.

Does anyone has a link to Unilever 2018 full year results and the amount of dividends they paid last year if any please.
Thanks

emmanuelewumi:
Thank you very much for the insight.

You welcome sir.

emmanuelewumi:
Oando made a mistake by being too optimistic. The company bought the asset of Conoco Phillips at about $1.4 billion when COP was living Nigeria. They bought the asset when crude oil was selling at around $100 per barrel, not quite long after the purchase by Oando.

The issue between Saudi, OPEC and Shale Oil producers, this imbroglio made the price of crude oil to go down to as low as $20 per barrel due to price war between OPEC cartel and Shale Oil guys in North America.

This disruption, adversely affected the projection of Oando. Oando made a record loss after tax of over N220 billion in corporate Nigeria around 2017.



@ Jejebaba please correct me if I am wrong. You are a professional in that sector

You are right sir and even Warren Buffet made a similar mistake by buying ConocoPhillips in USA as well. But he was lucky to sell at a marginal profit when it rose. Investing in oil and gas is risky considering all these environmentalist of going green. Most IOC's are also divesting from the sector by selling their assets in USA and canada especially. Just last week, Schlumberger booked a loss of 10 billion dollars for the year 2019.
In all God help Nigeria that is fully dependent on oil and gas. Yhe industry ain't finding it funny anymore sir.

Bomboclad:
I remember saying that WAPCO would get to N16.5 or higher, before retracing and moving upwards of N18.....hmmm!!!

Oga Bomboclad, are u reservoir engineer or a chartist technician.

Intendy:
Stock with new 52 week lows

Bua cement #36.00k

Stocks with new 52 week highs

Uba #8.90k

Vitafoam 4.96k

The 2 stock picks of oga CP

Bomboclad:
You don't sound like a newbie to me.

Oga Ositadima1 is not a newbie in treasury bills thread but a newbie in stocks due to low treasury bills rate.

Bomboclad:
Chief, just saw your comment. The future value of FO stock price lies with the new Management and their announcements. Any movements you currently see is artificial and individual-based not a collective sentiment; tantamount to gambling. Some others are buying hoping for a big announcement during forthcoming YE result announcement (since they've been reporting fantastic increases YOY on PAT). Personally, I have since moved off this stock till further notice.

Thanks sir for your response.

Here you go guys

Princkez:
FO on full bid.....

The price will not change if there is no bulk sale of 100k units at once.

Any news about FO.
Cc: oga Bomboclad

thebargainhunte:
You wouldn't understand what they did to me. When ever I run statement of account command, it shows me that I bought certain number of shares yesterday, instead of the said number of units to appear on my portfolio, it is far lesser than the amount the statement of account is showing me. The one the statement of account is showing me is the actual quantity I ordered yesterday. I didn't sell the share and it is not reflecting on the statement of account that the missing units were sold out. This was a transaction I carried out yesterday cos I like to tie my money on a stock instead of leaving it on my Morgan account.

Oga mi sir, this is normal thing now if you had a bonus issue with the stock before. It will debit it on Morgan platform but the whole unit is still with CSCS. If you want to know, quickly put a sale order of the total units you actually bought at maximum price of the day. U will see that it will go then u can quickly cancel it so it doesn't get filled up by a buyer.

Some people are making audio entry in this NSEMPA and they called it KINGLY entry.
Anyway, we wait and see how it goes. They already relocated to Afghanistan country of birth. since itrade doesn't work there for over a year of relocation.

DaBogu:
. 88% is that not much for say someone that want to invest 100k

It's the cheapest stockbroker in NSE.

emmanuelewumi:
They don't have unlimited fund, but it will go a long way. They are currently hunting for better yield, dividend paying stocks with a minimum dividend yield of 10% will be on their radar.


N500 billion PFA fund in the market can cause a month long bull run, even N200 billion can cause a month long bull run .

At a minimum Investment of N5 billion per trading day

Ok sir, anyway I stopped selling and waiting for earnings season.

PETERiCHY:
"Oga better start CONVERTING your PAPER PROFIT to CASH seems the PARTY is OVER"-The Gambler
Kenny Rogers

Thanks sir and this one oga wanajo don corroborate the claim that the PFA's dont have unlimited fund.

ACAN:
Investdata’s 10 Golden Stocks Returns 13.37%, As Summit Moves To Abuja, PH

In its determination to ensure that more Nigerians better understand the dynamics of stock market investing and the economy, thereby democratizing wealth, the management of Investdata, at the weekend announced that the Abuja and Port Harcourt editions of its Invest 2020 Opportunities & Trade Ideas Summit will hold on January 18 and February 8, 2020, respectively, but popular demand.
While the Abuja leg is scheduled for Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja, in Port Harcourt, it holds at Emerald Hotel Limited, 193, Aba Road Rumuola.

According to Investdata Consulting Ltd, at the Lagos leg of the summit held on December 7, with experts participants through trading strategies for picking best stocks in good or bad times; critical chart patterns for pinpointing stocks that will soar in 2020, how to identify opportunities in stocks, Exchange Traded Funds, Fixed income and commodities markets under any environment, among others
At the Lagos, edition experts offered participants the annual investdata 10 golden stocks for profitable investment, which so far

Na only when bull is around this guy they post/do seminar and summit. Na wa ooo