₦airaland Forum

essentialone1:
Can you please respect yourself? What makes it an AI thing? Have I ever tagged your post? Are you not learned enough to know the difference between an AI write up and that which is not AI?

Are you the new Streetinvestor who has no respect for anyone?

This is full attack on an ipo morning.... Feel free to tag me...guess I missed some words in your post.

essentialone1:
7 Most Disappointing Recent Listings in NGX Stock Market, and their 2026 YTD performance, just as a little evidence of their disappointing performance so far...:

1. AVA Capital Plc (has lost 38.20%)
2. Geregu Power Plc (has lost 27.70%)
3. Haldane McCall Plc (has lost 10.00%)
4. Legend Internet Plc (has lost 24.40%)
5. MeCure Plc (has lost 13.80%)
6. Transcorp Power Plc (has lost 28.50%)
6. VFD Group Plc (has gained only 4.55%).


Only 3 New NGX Listings have made any significant progress, and their 2026 YTD performance, just as a little evidence of their progress so far:

1. Aradel Plc (has gained 111.00%)
2. NGX Group Plc (has gained 111.00%)
3. Zichis Plc (has gained 677.00%)


Just so you know...

Stop this AI thing o

they should get out

vibesdot001:
You want people stuck in it to pray for you

Add lasasco

essentialone1:
*13 Stocks you should Avoid Completely*

1. Austin Laz Plc
2. CMFC Plc
3. Fortis Global Insurance Plc
4. FTN Cocoa Plc
5. Infinity Trust Mortgage Bank Plc
6. Legend Internet Plc
7. Morison Plc
8. Premier Paint Plc
9. Prestige Assurance Plc
10. Sunu Assurance Plc
11. Thomas Wyatt Plc
12. Union Dicon Plc
13. UPDC Plc.

*Why you should avoid these 13 stocks completely*.

*1. Illiquidity + Dead stocks*
Most of these barely trade. Days can pass with 0 volume.
Examples: *Austin Laz, FTN Cocoa, Thomas Wyatt, Union Dicon, UPDC*
Problem: You can buy, but good luck selling when you need cash. Price can be stuck for years.

*2. Distressed / Suspended / Restructuring*
*Fortis Global Insurance, Prestige Assurance, Sunu Assurance* - Insurance sector has had NAICOM recapitalization issues. Some are under regulatory watch.
*Infinity Trust Mortgage Bank* - Mortgage banks have struggled with funding + NPLs.

*3. Fundamentals issues*
*CMFC, Morison, Premier Paint, Legend Internet* - Years of losses, negative equity, or business models that haven’t scaled.
*Legend Internet* - Listed via IPO with hype, but revenue/profitability hasn’t matched valuation.

*4. Corporate governance red flags*
Some of these have had auditor resignations, delayed financials, or shareholder disputes over the years.

*3 questions to ask before buying ANY stock, especially these*:

1. *Can I sell in 3 days if I need to?* - If no, it’s not an investment, it’s a donation.
2. *Does the company make profit and pay dividends?* - Not just "potential"
3. *Would I be okay if this goes to zero?* - Because illiquid small-caps can.

LASASCO mandate owners should leave Wale alone

megawealth01:
Wale and friends

https://businessday.ng/bd-weekender/article/oando-boosts-oil-gas-workforce-with-12-month-drilling-digital-training/

It's interesting when NGX reports 3. Trillion naira loss in two days.... Whereas all fugaz recovered.... Except for a pull back persistent in FIRSTHOLDCO.... Dangote cement also rebounded.

The NGX's loss feels exaggerated because retail portfolios don't match the exchange's actual weighting. The All-Share Index (ASI) and total market capitalization are heavily skewed toward a handful of ultra large cap stocks, specifically BUA Cement, Airtel Africa, MTN Nigeria, and BUA Foods.

With all the red screams one would have thought access will be trading at 19 naira per unit, zenith at 65 Naira.... UBA @ 23 naira.... LASASCO @0.50 per unit...

It has come to my observation that there's a pattern of cynicism among some well established members of this platform to all posts, without contributing alternative solutions or way out. I won't call names....

Ding Ding Dong

KarlTom:
Ding!

Diamond098454:
Where's prayer city?

MFM Prayer City is located at **Kilometer 12, Lagos–Ibadan Expressway, Magboro / Ibafo, Ogun State, Nigeria**.

Key points for locating it:

* It sits right along the main **Lagos–Ibadan Expressway**.
* It is situated just past the Berger/Magboro area when driving out of Lagos toward Ibadan.

Get her to prayer city or she is gone

Diamond098454:
Politicians are demonic
A friend of mine that sleeps with them is now having blood related issues
Her guy left her last week because of everyday bleeding
Always on pad all the medication failed she's going down everyday

Agbalowomeri:
So Transcorp has gotten back to original N8+ before reconstruction. 60% down from its ATM

Why are you hawking transcorp

francesfrances:
What are those things, other than petrochemical products usually extracted from crude oil. Other refineries in the world also have a petrochemical parts too, and their valuation doesn't come close to 60 billion USD

Ok..... What do you think the fair valuation should be... relative to similar firms? I see India.....are they doing kpo fire?

francesfrances:
Your defense of this company is impressive, if you don't mind, would you also address why this refinery is so over valued at 47 billion USD. After all, this is just a refinery, not a 21st century revolutionary concept. This question is would you advise your client to invest in a refinery that its future growth (price appreciation is already priced into the IPO

It is not just a refinery....there are other things bundled into it if I recollect

Crossblueart:
Your resulting percentage didn't take the Refinery market cap into the total market cap so the 52% isn't right.

Still the component of Dangote ecosystem is unhealthy to the NGX

When a single conglomerate dominates a stock market, a few of its massive companies hold most of the exchange's total financial weight.

Because headline market index numbers focus heavily on these mega-corporations, a slight price change in just one of their stocks can make the entire national market look like it is booming or crashing, even when hundreds of other businesses aren't moving at all.


Worse, whenever this conglomerate plans a massive new public offer or business expansion, major investment funds often panic-sell their shares in normal, well-run companies just to hoard cash for the big deal, temporarily draining money and trading volume from the rest of the market.


This gives one corporate empire an unhealthy amount of power over national market trends, meaning smart investors have to ignore the noisy headline news and focus instead on solid, dividend-paying companies like top-tier banks that generate real cash regardless of market games.

ghm:
My own concern about the Dangote Refinery listing on NGX

Assuming full subscription at the IPO price (ignoring any price appreciation or depreciation), Dangote Refinery will account for approximately 40% of the entire NGX market capitalisation. when it is finally listed.

A 40% weighting transforms the NGX from a diversified exchange into what is effectively a "Dangote Refinery Exchange." This creates an unprecedented situation where the performance of a single company defines the financial health of the nation's entire stock market.

That level of concentration is extremely vulnerable – and risky for every investor.

What are your thoughts on this and what do you suggest we should do as investors in preparation for this?

My concern exactly. The Dangote ecosystem will be too domineering for the NGX

Gboss247:
If you want subsidy, you should be at Aso Rock protesting!

There is nothing called subsidy

francesfrances:
Almost always, overhyped IPO or IPO generally do pop (appreciate) at listing, but liquidity sweep (grabs) and exit liquidity are also real. Please, for now, do not invest your emergency funds, savings or an amount you can't afford to lose in any IPO or overhyped IPO at listing.

As way back as 100 years ago, oil producing countries operate their own refineries. That Nigeria doesn't have an operational refinery doesn't make a 2026 private refinery a revolutionary concept

May God continue to help us. Amen

According to the Dangote Petroleum Refinery IPO prospectus:

1. Minimum Holding Periods
First Bonus Tier: Continuous hold for 12 months from the date of allotment.

Second Bonus Tier: Continuous hold for an additional 12 months (total of 24 months from allotment).

2. Reward Structure
12 Months: Eligible retail investors receive 1 bonus share for free.

24 Months: Eligible retail investors receive 1 additional bonus share for free (capping the total incentive at 2 bonus shares per eligible retail investor).

it is.

GeneralDae:
Except that crude oil production is not similar to planting yam

ppogba:
Names apleny to call am:

* Correction
* Readjustment.
*Reality.
* Reality check.

I hereby dedicate this song " Iru ki leyi Omo Anifowoshe" by KWAM 1.
Great jam.

Add price discovery

tsnoop:
🔥🔥 HOT DEAL NOW! 🔥🔥

Clean 2004 TOYOTA SIENNA 🚘

Sound engine & gear ✅
3MZ engine 💯
First body 🔥
Ice-cold AC ❄️
Clean fabric interior ✨
Custom alloy wheels 🛞

💰 ₦5.9M

📍 AIT Road, Alagbado, Lagos
📞 07033870556

Nigeria used. 3mil offer

and Iran has obliterated all tankers parked in Bahrain and Kuwait in retaliation

SmartInsure:
Want access to the Dangote Refinery IPO Prospectus?

We’ve made the prospectus available on our WhatsApp Channel.

Join the channel to access the document and stay updated on the latest information about the Dangote Refinery IPO.

Join the WhatsApp Channel:

https://whatsapp.com/channel/0029Vb95DGqJENxtEjCj6l1Q

Is it not available publicly lol

nairalanda1:
We cannot. Unless goverment does massive taxation of every working Nigerian .

Nigeria is a poor nation like most of you say. Also if you read my post you would see that apart form Saudi and Kuwait, subsidies are very difficult for the nation's listed to fund.

Any government bringing back subsidy, yes including Tinubu paying NNPC 20 trillion naira as energy security things , is forcing debt on top of head.

You are wrong. The claim by the current leadership is false. I can't plant yam in my farm then be costing it at international prices. That's no accounting... that's more of abracadabra

nairalanda1:
Venezuela; Keeps fuel at 40 naira per litre at the expense of a massive debt and decline in its refining capacity. Also loses billions to smuggling

Iran

We can find something workable in between those listed countries.

jonnysessy:
I see limited cash chasing numerous sound investment today. The beauty of the market is when you have a seller and a buyer. But, when you have more sellers than buyers, the price will crash. While, if you have more buyers than sellers the price will rise.

Hint: Just check out the offer and bid table today before you make any investment decision. I am not telling what you don't know already. This is simply Economics 101. This may be your opportunity to pick those stocks that have been in your radar at a good price.

In this business cash is king and also a position. Don't underestimate what your cash can do for you today.


🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️

If I were you, I will still wait. The real bleed is yet to commence.

Dangote should understand that energy security is more than availability, but must include affordability.... Oga Dangote, your products should reflect that Nigeria is an oil producing country...such as Russia, Venezuela, Iran, Saudi Arabia, Kuwait etc


Furthermore these hypes makes the IPO scary

3 million naira offer serious buyer

emmanuelewumi:
Otedola bought the private placement and would have enjoyed stock split

Proof that stock split was done?

chimex38:
Ewo!!
Ellah dey learn work be that.

Several stocks on the Nigerian Exchange trade at valuation multiples significantly higher than standard market averages.

Low-liquidity offerings like Eunisell Interlinked (P/E ~124x) and Tantalizers (P/E ~190x) maintain elevated multiples primarily driven by tight float dynamics.
Unprofitable or low-margin operations including Premier Paints and Union Dicon Salt display inflated metrics due to negative or minimal net earnings relative to share prices.

Micro-caps such as Morison Industries (P/E >2,000x), Northern Nigeria Flour Mills (P/E >500x), and SCOA Nigeria feature market valuations well above historical book assets.

High-profile market constituents like Transcorp Hotels (P/E ~388x), Geregu Power (P/E ~217x), and Dangote Sugar Refinery (P/E >400x) trade at substantial premiums reflecting forward growth expectations.

Interpret my post in the appropriate language.

Taymi:
Good morning My Ogas (yes because your girl is learning here )
Would like to add invest 200,000 , what would your advise?? But more mtn, zenith, gtco stock or can you recommend any to be added to my portfolio??

Thinking of adding Access ..

I'm aware no financial advice but from your knowledge please just advise

If you like risk do OandO...... If you value peace of mind....do aradel, GTCO, Zenith, MTN.... Access if your average cost per unit is still ok... Just my opinion....not financial advice as megawealth01 taught me

ojeysky:
Is this not the stock that is at 189naira per unit on the floor. What kind of abracadabra is this

The creditor is receiving shares calculated at the fair market value agreed upon when the debt terms were set, rather than the inflated market price achieved during later trading rallies.... The stock is extremely overvalued fair value sits between 15-25.

Lexusgs430:
So I would wait for the downside....... 😉😂

No. Take a stand in it.