₦airaland Forum

Tinubu Injects ₦1 TRILLION into Mining As Sector’s Revenue Rises Sixfold


https://www.nairaland.com/8539860/tinubu-injects-1-trillion-into

freeman67:
He did not say it either righteous or unrighteous.

The inrgrity in that context is him knowing that money could be made from that stock but he wouldn't partake in it because it doesn't conform with his ways of doing things. His unwavering and undivided stance in that decision is integrity.

Thank you 😊

Ding!!!

Locotrader:
Demarket me ke.
Which of your predictions has ever come to pass?
I will rather listen to Nosa2 than Agba.
Nosa addresses issues the way it is.

Agba is just having fun on this platform.

I don't think he's still into stocks.

nosa2:
Just because there is no logical reason to buy Japaul does not mean the stock cannot do 5x. I never saw and still haven't seen a logical reason to buy Bitcoin but look at what bitcoin has done. and I have known about bitcoin since 2013

Markets are often driven by emotions not logic. Given the hype around gold I am willing to make a theoretical bet that Japaul will probably do 2x very soon. However this 2x is something I will happily miss out on personally.

You are a man of integrity 👏

Well done sir.

megawealth01:
We are still waiting for GTB at $16

Payunsin:
So those novice that mopped it at N3 are in serious loss😀
Sometimes u just have to follow the money and forget analysis. I now trade today like an institutional investor simply becos I gamble on a perceived dead coy immediately after Tinubu won the election.
So when people bash Oando, I go just Dey think , no b same Oando I hammer from same with some people at ellahlakes.
Would have hammer at ellahlakes as well, sold my stakes when I read a report that they are also into pig farming on religious grounds

leo1234:
My stock pick for the week:


VFD

VFD on the beat 😎

Let's see how it goes.

Ginalex:
dropped to 33.5%. My Wacc is 30.10

And you are still complaining


You are already used to 100% ROI in most of your stock.

You are doing great 👍

Locotrader:
Though Japaul rose from 50kobo to 2+ on our call but Loco insists there is another 100-200% upside.
Keep calm and wait for it.

As it is happening in chams after a long period of waiting,so shall you witness the second rise of Japaul .A powerful one above chams......

Thank you sir 🙏

Ginalex:
PZ full bid no dey ever exceed 1day

This last one was for 2 days.

Your profit margin on PZ should be close to 30%.

yMcy56:
The likelihood that it will touch and cross it is there.
**Note: Not saying this week or not o**

It was the huge cross deals of more than N10bn that dropped the price, they might come to move back up.

Stock that people will still rush at 1500.

megawealth01:
They should bring it down to my bargain junction

Below 550 won't be bad

I need to add more.

KarlTom:
@megawealth01

Told ya PZ will hover around ₦40.

No doubt. 👍

ositadima1:
I told you about GTCO, the emotional sellers were busy doing their thing. One of them even claimed that the market maker specializing in GTCO is the one pushing the price up recently. The kind of nonsense you read here sometimes is just amazing.

Mr. Market himself.

Sell everything you have and buy GTCO.

megawealth01:
That will signal the end of NGX na

Anything is possible

yMcy56:
Oga Agba, this your GTB dey too stubborn o 😁
Closed @99 on top the N1 interim.

** Meanwhile, Ellah also closed on full bid..

GTB market makers have excess cash reserves.
Bids have been lower than offers for some weeks but the price keeps going up.

iHaveMadeiT2:
Chai. See as guys take miss Elah bus because of analysis paralysis

Better opportunities will come up.





VFDGROUP is looking good. 👌

Streetinvestor2:
U want start new week with kpakus bad luck

Good day my boss 😎

The week is looking green already.

Princkez:
please VFDGROUP good entry price

Anything below 11 naira is good.

Princkez:
ELLAHLAKES hmmm

You people are still buying Ellahlakes despite all the warnings by Streetinvestor2.

awesomeJ:
Most players aren't just gonna exit na, so we should be good.

Even ACA, If they plug the proceeds back to FIDELITY or SEPLAT, Their gains won't be tax chargeable.

Is it possible to know when firms like ACA buys a stock?

Agbalowomeri:
Me wey dey trade with 1m

I million dollars 💸

Agbalowomeri:
What percentage of civil servants have a cess to steal? You are saying it as if up to 5% have the access

Maybe everyone around him steals public funds 🤔

My stock pick for the week:


VFD

Streetinvestor2:
They have been stealing 100 times that amount monthly since 2000 too.
U should add that to the calculation..lol

Everybody is not a thief.

Be careful with what you say in the public.

Providus becomes 9th largest bank after merger with Unity bank


https://businessday.ng/banking/article/providus-becomes-9th-largest-bank-after-merger-with-unity-bank/

Mirasteel:
Do you believe Akpabio was innocent too? I hope you know that he's also a womaniser? most Akwa ibom men are. I might not like Natasha that much but I believe she's telling the truth.

But she said she has evidence against Akpabio.
This is the time to prove herself right.

Streetinvestor2:
I didn't know it was dividend that took the price to that level.We learn every day

Can you pay #100 for gtco based on the latest financial report 🤔

guyzgirl:
lol, there are two ways to achieve 15% na.
1) Pay higher dividend based on current price
2) Bring the price down to where 15% is achievable.

But on a more serious note, the dividend was disappointing but the result is understandable as we all knew the FX gains was a strong booster last year.

The price will come down.

Except the MM have enough cash to defend the price.
Dividend investors will choose stanbic or zenith over gtco.

Agbalowomeri:
What was the stock price when he spoke?

That should be around #80.

Not so sure

chimex38:
Those who bought at 40-45 early last yr before this recapitalisation are already above 10%.

In2-3yrs time, those who buy at these prices ₦80-₦100 might start hovering around 10%-12% yield..

The classical riddle:
You need to have your cake🎂 before you eat it
doesn't hold for stocks.
Which is what you are asking for.

Ironically, the reverse holds true.

Eat your cake(Invest) 🎂 then you can have it
(15% dividend yield)

He made the statement when gtco was selling close to #100.
Percentage dividend yield is calculated based on current price not what happened in the past. After all, some people bought gtco for less than #10.