₦airaland Forum

Lexusgs430:
The stock market always swings....... Up and down..... 🤣😂

Ekemini11:
*2000 DROPLIGHT CAMRY*

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Condition👇🏻
Good engine (4plugs)
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Gotocourt:
His other companies perform well.

TemporaryHansel:
If you're not buying shares worth at least 5m and above, avoid Nigerian shares/stocks. You won't make any profit.

eazzzy1:
Countries like Canada, USA and the UK where most Nigerians like to japa do not subsidize fuel for their citizens.

PETERiCHY:
Those HOPING to make QUICK MONEY from DANGOTE REFINERY will be highly DISAPPOINTED.

Like Dangote Sugar
Like Dangote Flour
Like Dangote Cement
Like Dangote Refinery


BARGAIN HUNTERS TAKE NOTE!

jonnysessy:
Now that a price and date has been fixed for Dangote Refinery IPO. The thread is now dominated by analysis ( those buying, those that will not buy, those that doesn't even have money). Full details of the IPO is only contained in the prospectus which i know is not yet out. This will be one of the most hyped stock I have witnessed in a long while. This is just the beginning as the topic of discussion will not change until the initial public offering come and go. I have been privy to a guy on u- tube who said he won't buy the IPO because he was sure it will be oversubscribed. He even went ahead and listed about 13 stocks he would buy instead. He said the stocks will do because of the coming of Dangote Refinery. We also want to see the effects of this IPO on the NGX as a lot of analyst predicted the fall of prices of already quoted companies on the NGX because they would exit some of their already held positions to be part of the IPO. I really don't like the idea. Why put your two feet inside the water when you are actually testing the water. Why leave a known position to go for an unknown position. People will say all manners of things about this IPO just to belong.

My point is that whatever decision you are making, let it be your own decision. Don't let it be a bandwagon effect. It is when a topic is in the public domain that you see everyone will turn to an expert. Some will tell you to do something while he is not do the the same. Everyone will want to be relevant even in a faceless forum like this. I imploy you to read all but, the decision to buy or not to buy lies with you. Yours truly will definitely also buy a few units ( that which i can afford) and not for you to go and borrow to buy a stock. I can't even sell my already investment yielding something nice to go and chase after Dangote Refinery. As the saying goes is is risk not to take risk. This IPO is an opportunity in a life time. But, also know that after the IPO, it will later be listed on the NGX. Hence, if you miss out. You still gave a good opportunity to enter.

Lesson learnt: Always do your due diligenceas you remain the CEO of your portfolio

A word they say is enough for the wise.

Zagee:
If I remember clearly, enlisted Marathon is not just a standalone refinery. It also houses a fertiliser plant and some other divisions.

Agbalowomeri:
Na today you begin do IPO? It will be oversubscribed and will be prorated

Agbalowomeri:
Imagine!
Na me you wan donate

Stockpromoter:
Look well bro.
This is suppose to shake the entire NGX but it's not.
Portfolios don suppose red heavily by now but market is not shaking as expected.

I hope no be bone people go see instead of meat.

I am sure the stock will fall to 300 level later.
I no go rush.
I remember that year MTN listed and we later bought at N80

mikeapollo:
Me lure Peter ke?
Peteru that is always hunting for hunters at a bargain (bargain hunters)?
I would still keep my units if there is very fantastic, positive news; don't see myself dumping all my units.

mikeapollo:
If we compare the N525 to prices of other stocks like DanCem, Aradel, Seplat etc, you realize that the IPO price is not too high.
So interesting that I would have benefit of feedback from Oando AGM to know what to do with my units.....either keep all, offload some or everything to buy the IPO.
Anyhow, anyhow, 'ororo'' still dey there! From ''oil and gas'' to ''oil and gas''

faoogoke:
He wants to drag you along

unite4real:
if this is how you measure valuation with a straight line, dem go job you in the stocks market easily.

Why did Aradel not go to N10,000 since Seplat is now selling intra day around N14,800.

You need to wait for the prospectus to be out. You will know the total number of outstanding shares. Do your due diligence with their reported financial reports and then take your decision after seeing their income statement, Balance sheet and cash flow.

It may shock you that the N525 is expensive

jonnysessy:
Only Zenith Bank managed a good showing today. Can't even gain 1%

essentialone:
There is no worse type of Wickedness than Someone who finds it very difficult to talk to you, but finds it very easy to talk about you.

PETERiCHY:
Let's EXPECT a MASSIVE BID in OANDO like we EXPERIENCED in JAPAULGOLD earlier this YEAR.

DON'T be left OUT!

BARGAIN HUNTERS TAKE NOTE!

KarlTom:

https://www.reuters.com/business/energy/nigerias-dangote-says-refinery-ipo-open-within-days-2026-09-03/

nurey:
I have been a long time user of itel products from the A16+ I bought during covid when my Samsung Note 2 died on me, to their A70 I bought when my Samsung Note 8 suddenly just gets hot for no reason

To the itel S26U I am currently using. when buying Itel go for higher ram like 8gig to enjoy lag free experience. Other things they have a low quality unlike other users.

I bought the Itel S26U only because my work is heavy duty and I won't go and buy Samsung 700k to break the screen and be looking for 500k to replace it. The S26U doesn't lag at all and the 6000mah battery last me around 2 days.

nurey:
I was nearly trapped in Kano during my NYSC, cost of living was comfortable, hausa girls fine die and the environment is very condusive when you behave yourself.

But alas I sha japa back to Lagos. When stress wan finish my life and cost of living, took a decision back to a rural area in Ondo.

Today if I enter Lagos I be high chief for area

Carhubautos:
Registered Toyota Sienna LE
2002 Model
Pure Firstbody Pan
Untampered Toks Engine and Gear
AC chilling but needs Gas
Total Buy and Drive


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Price: 3.2M

Location: Gbagada, Lagos

essentialone:
*Cutix Plc is in "turnaround mode" right now* — auditor out, profits back, new products, but stock still nervous.

Here’s the full picture:

*1. Corporate Updates*
*External Auditors Resign*
- *Who*: Ngozi Monica Okonkwo & Co
- *Effective*: 28 Aug 2026, after the 43rd AGM
- *Reason*: "Strategic review of audit portfolio" after completing FY ended 30 April 2026 audit
- *Next*: Board has started process to appoint replacement. Will file with NGX once done.

*2. Financials — The Big Turnaround*
*Q1 2027 Interim Report* released 31 Aug 2026:
- *Revenue*: ₦3.70B, *+5% YoY* vs ₦3.52B in Q1 2025
- *PBT*: ₦88.36M, *+199% swing* from ₦89.42M loss in Q1 2025
- *PAT*: ₦58.31M, *+155% swing* from ₦105.84M loss in Q1 2025

*Driver*: Management says "rigorous cost-optimisation framework" to rebuild margins.
So they didn’t need revenue to explode — they cut costs and protected profit. That’s classic for a cables manufacturer dealing with copper + FX pressure.

*3. Leadership & Strategy*
Still under *Acting CEO Uchechukwu Igbokwe* after the executive shake-up earlier this year.
*New bets*:
1. *Solar energy market* entry
2. *Fire-resistant cables* launch
Both are higher-margin, infrastructure-driven products. Makes sense given Nigeria’s power deficit + building codes.

*4. Market Reaction*
*Stock*: ₦2.37 as of late Aug 2026
*52-week low*: ₦2.28
Investors are cautious despite the profit rebound. Why? 2 reasons:
1. *Management + Auditor change in same year* = uncertainty
2. *Turnaround is early* — only 1 quarter of profit

*Reading between the lines*
This is the classic "penny stock recovery setup":
1. *Catalyst 1*: Costs cut → profits return
2. *Catalyst 2*: New products → growth story for solar/fire cables
3. *Overhang*: Governance — new auditor + acting CEO. Market wants stability before re-rating.

If the new auditor is a reputable firm and they confirm FY 2026 books are clean, that ₦2.37 could look cheap given PAT is already positive again.

megawealth01:
Although na AI you use but you nailed it

Ameboperoo:
What's going on here

Yemy3m:
,