₦airaland Forum

Some of us people bought at ₦7.50...

SonofElElyonRet:
Yeah. Was never sold at N7.50 because it made 10% appreciation immediately upon listing

It was listed at ₦7.50
It opened trading at +10% (₦8.25)

toyeoye:
🚨⚠️ AVACAP has broken below its ₦8.25 listing price now ₦8.10 (-9.5%)

@ 1st bolded: Yes, I have
@ 2nd bolded: May I politely ask "was it the regulators that informed =Alhaji about the value of his Refinery?
@ 3rd bolded: Definitely! I don't think we should be agitated if its SP fluctuates
@ 4th bolded: Now you're talking my comments personal (you probably think I'm trying to pull down the stock)...

yMcy56:
How was the share price bloated?
It was listed by introduction @7.50

Have you bothered to go thru the financial reports?

We sometimes forget that a price can't just be fixed without the regulators involving the expert valuers and advisers to determine the price when listing by introduction, and also the financial health of the company is put into consideration.

AVACAP was just listed when the market was down, thus having this also rubbed on the share price.

This stock will still do 15+ at the right time....
When is what I don't know.

That was how the NGXGROUP they're now celebrating was badmouthed so much here....
Even when Currentprice gave the fair value as N28 and was selling at 17/18, na so Dem dey argue and laugh this stock that time....
Today, they're queuing up to buy at 135/140....

Na so we go remind you at the appropriate time on this AVA....
* Someone is currently selling, and when he's done, we'll see how it goes again.

How so?

Don't you think AVACAP SP is bloated?

yMcy56:
AVACAP
An insider is bent on crashing the share price........ he's been moving series of 90k units and other numbers

For what purpose exactly?
Accumulations or intentions to crash the price so as to come and pack cheaply or someone is selling to participate in Dangote Refinery?
The person is behind curtains and not on queue because the queue isn't/wasn't changing significantly, and this has been happening since last Friday or thereabout....
* The activities are also noticeable in some other stocks

NGX needs to sit up, roll their sleeves and investigate these guys........before the new Rule commences...

* I'm actually wondering how they're going to monitor and control these guys activities, especially now that the crypto/gambler guys have shifted their attention to NGX..🤔

* As earlier said, medium to long termer needs not fret.
It's insider activities and we can never know what's informing their decisions until they turn back to start packing it again.

MARKET BULLETIN. 12 August 2026
NGXREG/IRD/MB85/26/8/12

Lasaco Assurance Plc: Listing of 9,236,321,546 Ordinary Shares of 50 Kobo Each at ₦2.00 Per Share. Trading License Holders are hereby notified that an additional 9,236,321,546 ordinary shares of 50 Kobo each of Lasaco Assurance Plc (the Company) were today, Wednesday, 12 August 2026, listed on the Daily Official List of Nigerian Exchange Limited (NGX).
The additional shares arose from the Company's Rights Issue of 9,236,321,546 ordinary shares of 50 Kobo each at ₦2.00 per share on the basis of five (5) new ordinary shares for every existing six (6) ordinary shares held as at the close of business on Friday, 20 February 2026. With the listing of the additional 9,236,321,546 ordinary shares, the total issued and fully paid-up share capital of Lasaco Assurance Plc has now increased from 11,083,585,855 to 20,319,907,401 ordinary shares of 50 Kobo each.

This is for your information please.

Godstime Iwenekhai
Head, Issuer Regulation Department

Ding

I don't use either.
However, I don't think the broker should really be a major consideration.

elpaso007:
Greetings everyone!

I am thinking of domiciling my long time holdings to one of these brokers, FSDH or Cardinalstone.

Which of them will you recommend I go with. How much are there respective account opening fees?

Your advice and experience with them will be useful. Thanks

@ymcy @Sunrisepebble @Karltom @Nosa @PaEmma @Agba @All

OandO

'Unrelated'
"To manage oil price volatility and support revenue stability, the Group implemented a hedging programme covering 3,000 barrels per day using purchased put options at a strike price of $59/bbl. These instruments provide downside protection while preserving upside exposure..."

@ the bolded, see attached...

I also read somewhere (searching for the article) that ONLY the 8.83bn shares will qualify for the RI (i.e. excluding the distributed units)

PuristForest:
The 23-month decline from the ₦84.55 peak in Sept 2024 shows just how much fluff has been erased from OANDO. The fact that they are pursuing a Rights Issue at ₦50 while the open market is pricing the stock at ₦35 tells you everything about the current market sentiment—it's a massive votes-of-no-confidence discount.
No retail investor is going to buy a rights issue at a 30% premium when they can just accumulation on the NGX for ₦35. This implies either management is completely disconnected from current liquidity realities, or there is an institutional/underwriting backroom deal designed to absorb the shares regardless of the public price.
With the recent 52-week low of ₦34.85 tapped on August 3rd, support looks incredibly weak. We anticipate a decisive breakdown below this floor, targeting a correction down into the late 20s. The upcoming two-year anniversary of the peak marks a highly critical re-pricing phase.

ref:
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/10035#138335128
https://ewnation.com/oando-positioned-as-nigeria-s-energy-sector-rebounds-2/
Enjoy..no investment advice

ARADEL. ±
CONOIL. ±
ETERNA. +2.27%
OandO. +0.57%
SEPLAT. ±

Ding!

Not yet o

mikeapollo:
Is the HI 2026 result out?

British Petroleum?

searchng4love:
Oando is doing well..... Giving people elevated BP...

Mostly from assets that they have to divest so as to fall back in compliance with CBN...

megawealth01:
Access Holdings led the Tier-1 group in gross earnings growth, recording N5.5 trillion in 2025 against N4.9 trillion in 2024...

But this current chairman nobi WIGWE

That's the idea of timely JiJo...

Jaakay:
I am begining to wonder if it was not better to have sold my vfd at 12.30 naira and rebought at 11.10 naira, rather then waiting for dividend of 26kobo. Anyways, in all things, i am grateful.

ARADEL. ±
CONOIL. ±
ETERNA. -3.03%
OandO. -2.10%
SEPLAT. ±

...

megamart247:
OANDO will still sell for #15

Ding

💯

lionshare:
FYA

Actually it's about 25%...

ayobama1:
2.95% monthly interest rates compounds to 36% plus annually

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -1.24%
SEPLAT. ±

Calvado$

https://doclib.ngxgroup.com/Financial_NewsDocs/65_Notification_of_Insider_Dealing_-_Calvados-_August_07_2026.pdf

Diing

ARADEL. ±
CONOIL. ±
ETERNA. +10.00%
OandO. +0.56%
SEPLAT. ±

Big news dropping soon ⏳

Thank you

Zagee:
1 point -something as of my last engagement with them. Not recommended for jijo-ing. As megawealth01 will say "Patient funds"😁

Ding

Good Morning 🌞

Can anyone who uses Stanbic IBTC Stockbroker kindly tell me the buy and sell rates?

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. ±
SEPLAT. ±

Everywhere red

Ding

ARADEL. ±
CONOIL. ±
ETERNA. -9.09%
OandO. +3.30%
SEPLAT. ±