₦airaland Forum

megawealth01:
ARADEL na ogbanje. E no wan bend for the Ogas

Itzlinda:
Is not minimal sir.

You will get atleast 500k reduction on old cars and atleast a million naira for a car that cost 10 million naira before.

Let the market digest the new rate and new vehicles came in.

The car prices will definitely fall

deathwing:
Wait, so you'll get paid the full amount per share even if you no longer own them? Mad. So this is like dividend, but full price.

deathwing:
Official Price : 562
MTO : 590
Trading price : 507

The market is not impressed.

yMcy56:
DANGCEM now trading at day's high, 980.10 ....
Needs 100k to move +10% for today.....

OANDO needs to move above the RI price too.....
Na Wale dey still full himself...
He knows how he moved it from 8 to 90....
Don't know why he's not employing same tactics to move it above 130/150 and fix RI price @100 😊

ositadima1:
I told you guys that when money comes back, it won't announce itself. Maybe we're still too early to judge, but a look at the amount of money actually moving these stocks will tell us more. If it's just ₦150 million doing all this, then we're not in the clear yet.

searchng4love:
Going Concern Uncertainty: The independent auditors raised a material uncertainty regarding the Group's and Company's ability to continue as a going concern due to recurring negative retained earnings, net liabilities, negative working capital, and breaches of certain loan covenants

Ginalex:
Karltom

Ginalex:
shebi I talk when I dey buy for here and the prices wey I buy🌚🌚

Ginalex:
People wey dey wait for more dips, y'all will learn a new thing *in mega's voice"

ghm:
When I decided to give up on politicians and their supporters was during a campaign in one of the US elections. The sitting president said he had reduced unemployment to 6% through his policies. The opposition, on the other hand, said 15,000,000 Americans do not have a job and that the government has failed.

What I saw was that each was using what suited them – 6 as a number is very small; 15,000,000 as a number is huge. Only for me to discover that 6% of the population is actually 15,000,000 people. So both were telling the truth — they just chose the number that made their side look better.

If you don't get it, forget about it.

Alkason:
I am also surprised too. And they said it will bring down the cost of vehicles? I don't think so.

awesomeJ:
229k!

kintus:
So Scammers still dey this forum....Na wa oh.

Rejoice abi wetin be your name....you no go see me catch.

For this hard economy, you wun .come chop from my small money.

Valthegreat:
I checked my wife's FTGINSUR some days back and it was on a serious loss, bought at 1.44 and was then around 0.94, then this morning I am seeing 3.57 please what happened at the AGM meeting yesterday ?

kintus:
Was hoping to get TIP and Tantalizer this morning...but the trend has changed....

Please any advise on where to put 5M in this red market?

Thank you.

aj8:
“In a forest, regardless of the weather, the Iroko tree is more likely to withstand better”

No sir, they are not doing anything wrong. Just part of the learning curve.
Rather I share Mercy’s advice to anyone in this predicament, not to sell your losing stocks. Seek advice from those with investment grey hair and there are many here..Pa Emma, Sunrisepepple, Mercy, awesomeJ, megawealth01, pluto9, Karltom, Osita..Gina and Chimex to mention just a few, that in my opinion, have a sanguine disposition to investment. We are actually all here because we wish to learn. We wish to be more profitable. Whether you own billions of Naira or just kobos. Some may need to learn more than others. Send them a private message/review their previous posts, if necessary, they would be more than happy to help. Markets climb and fall , that’s what markets naturally do. You only lose when you sell. Businesses are in business because they believe in themselves or else they would have shut down. Convert the poor performers to long-term stocks to give them time. Some that were even suspended some time in the past, have found themselves back on the exchange. However, learn and master which companies are the “Iroko tree stocks” in the investment forest and stick to those e.g from the Ngx30s. Buy the IROKO stocks at the right prices by whatever assessment strategy suits your appetite. Learn to recalibrate after every earnings report released by these “IROKO stocks” to discover if you are still on the right side of profit or need to switch. Never buy a stock without understanding what the company does and whether it’s profitable or potentially profitable. Learn to analyze financial statements. Follow every disclosure on Ngx to box stocks into profitable or potentially profitable. Outside of this, it could well be a gamble.

By the way, how is Pa Emma, haven't seen his post for a while.

presiade:
One of the 46 MFBs currently under NDIC care.