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Mikeapollo's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:25am On Jan 27
PropTrader:
They recommenced sales of salt in August 2025 after years off the market which i concede warrants further observations. Nevertheless, the financials speak volumes on a standalone basis, and turns to a siren song when compared to others.

Always good to add "buyer beware".
Agreed.
''Buyer beware'' is the first rule in this business! People should never buy any stocks if not ready for the associated risks, no matter how promising it looks or sounds.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:59am On Jan 27
yMcy56:
DEAPCAP
I think there's more to this stock than we all know.....
The way they're packing available offers in the market could be a pointer to something.....
Maybe some investors are packing as qty as possible or there's an insider good info about it...
I've also saw thru this Deapcap in the past.....
They have products similar to that of UCAP if I can still recollect well (can't lay hands on the post now)...
From the look of things, the company is probably getting many things right now....
There was a recent announcement of an MOU for them to go into gold business across Africa.
Also, Deapcap OS is not too large and it had stagnated for years due to the case with Amcon
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:56am On Jan 27
PropTrader:
....and this is the company people bidded the price up to ~N9.30. YTD price change ~40%.

Annual rev - ~N13m
SHF - in the red by N1.4 bn

It is well.

https://doclib.ngxgroup.com/Financial_NewsDocs/45797_UNION_DICON_SALT_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JANUARY_2026.pdf
I don't intend holding brief for any company.
Company prior performance is very fundamental, no doubt. But we must understand that there are various factors that influence the share price. Expectations of future prospects and rewards is also very key. We may never know what some insiders may know.
Foreign Affairs › Re: Iran Opens New Nuclear Facility by mikeapollo: 10:47am On Jan 27
Biodun556:
Just like 20% of Israel were destroyed within 12 days
Lol! grin grin
Only 20% of Israel destroyed? I thought you people said the ''whole of Israel'' was destroyed.
Just wait and be patient. All this bravado would only lead to destruction of the Iranian regime.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by mikeapollo: 10:02am On Jan 27
donjazzet:
Please can you elaborate how or why you think it's a success?
It brought attention to countries in Africa and he also attracted more fans. For instance, I never knew him until I saw clips of his visit to Lagos.
But I heard our Nigerian people misbehaved as usual
Foreign Affairs › Re: Iran Releases Satellite Images Of US Military Build Up In Jordan by mikeapollo: 3:59pm On Jan 26
Biodun556:
While other Arab countries opposed use of US military base in their countries, Jordan appears to have accept to host US attack on Iran.

US deployed military assets to middle east but never mention the specific host country


https://vm.tiktok.com/ZSHoKHg2nPsrT-un60x/ This post is shared via TikTok Lite. Download TikTok Lite to enjoy more posts: https://www.tiktok.com/tiktoklite
This does not mean shit!
Hezbollah did the same thing, posting aerial videos of military installations in Israel.
When Israel was ready for them, it did not stop Israel from dealing severe blows to Hezboolah, killing all the top commanders including Hassan Nasrallah their leader.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:13am On Jan 26
chimex38:
Insurance companies have 4 months to deadline. Recapitalisation News should start flying in from Next month
(It's their turn grin).

Meanwhile Rtbriscore is heading to place of no return.
The same RT. Briscoe that was selling for around 0.50k barely two years ago is now N6.57!

Patience with long term investment is key in this business
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:34am On Jan 24
Y
nicestlady:
I subscribed for the Champion breweries public offer through the Meristem app. Up till now, my virtual account hasn't been debited.

I emailed yesterday and was assured it will be treated after the collation of requests. Is this normal? I thought the offer was supposed to end since 21st. This is the first time I'm buying through public offer so pardon my ignorance.
As a newbie, I would suggest you always keep documentary evidence of your transaction e g. keeping duplicate copies of your physical application form and the fund transfer or cheque acknowledged or bank deposit form.
These things become very useful when issues or confusion arise in the future.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:38pm On Jan 23
MeezPat:
Very terrible service maybe except Ucap
I guess United Capital is same as UCap
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:01pm On Jan 23
Raider76:
Problem is some of the bank subsidiaries have the worst customer service. But maybe if you have N1b they will treat you differently.
Yeah... it is true
I guess United Capital should be up and doing
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:18pm On Jan 23
emmanuelewumi:
I guess they were friends. When my portfolio got to a certain level, I moved my stockbroking accounts to the subsidiaries of the 3 big banks at that time Premium Securities now FBN Securities a subsidiary of First Bank, Union Capital Market a subsidiary of Union Bank and UBA Stockbrokers now United Capital securities.

Ekpe as a former CEO of ETI should have known better. ETI used to have a stockbroking subsidiary at Victoria Island, I don't know why he did not have his account there

I think the stockbroker used the outstanding fund to take position in penny stocks that did not come out fine. Partnership was more of a Market Marker for some penny stocks at that time.


Used to enjoy the articles of this Stockbrokers about the capital, especially on trading and penny stocks
The former CEO was probably keeping his portfolio from the prying eyes of management and staff of ETI and the subsidiary stockbroking firm.

I think what you did by moving your portfolio to bank subsidiaries is a good idea.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:54pm On Jan 23
ppogba:
That is the market for you.

" If you have been dealing in shares without biting your fingers or have no regrets, you have not started".........NGX proverb.

Each day I see the daily market report these days, my heart bleeds for missing SCOA that is presently flying when I remember I was short of funds to buy it early this year.

Like you said, we movee.....
Apt!
In fact I am still biting my fingers because of Honeywell Flour and Deapcap after I bought some units and sold off prematurely. grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:27pm On Jan 23
faoogoke:
The Lagos State High Court has convicted Victor Ogiemwonyi and his firm, Partnership Securities Limited, for stealing N953.5 million and $80,000.

The Economic and Financial Crimes Commission (EFCC) disclosed the ruling in a statement on its official X account on Thursday.

The court found that the defendants diverted proceeds from a share sale entrusted to them by an investor for personal gain.

The EFCC stated that Justice Modupe Nicole-Clay of the Lagos State High Court, Ikeja, convicted Ogiemwonyi and Partnership Securities Limited on two counts of stealing, contrary to the Criminal Law of Lagos State, 2011.

“Justice Modupe Nicole-Clay of the Lagos State High Court sitting in Ikeja, Lagos, on Wednesday, January 21, 2026, convicted one Victor Ogiemwonyi and his company, Partnership Securities Limited, for stealing the sum of N953,535,861.57 (Nine Hundred and Fifty-Three Million, Five Hundred and Thirty-Five Thousand, Eight Hundred and Sixty-One Naira, Fifty-Seven Kobo) and $80,000.00 (Eighty Thousand United States Dollars),” the statement read in part.

The Commission stated that the case arose from a petition filed in October 2016 by the nominal complainant, Arnold Onyekwere Ekpe, who alleged that he instructed the defendants to sell his 96,077,872 units of Ecobank Transnational Incorporated (ETI) shares.

The shares were sold for about N1.29 billion, but the defendants allegedly paid only N300 million to the complainant, while diverting the balance for personal use.

In a statement, the EFCC said Justice Nicole-Clay found that between June and September 2016, the defendants dishonestly converted N953,535,861.57 from the proceeds of the share sale, in addition to $80,000 in accrued dividends.
Wow!
N953m as far back as 2016 when dollar was around N200-N250.
Equivalent of about USD3.8m at the time,, now worth about N5.5b
Agriculture › Re: Nigerian Hunters Caught Buffalos In Osun State by mikeapollo: 3:00pm On Jan 23
ednut1:
Imagine killing an animal that is almost extinct in Nigeria
That animal is dangerous and could have attacked the hunters
It would be difficult not to kill that animal because there is no way the hunters could tame it before handing it over to any forest or wildlife preservation organization or zoo for safe keep.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:44pm On Jan 23
iHaveMadeiT2:
This life no balance. This Chams was 20kobo about 4/5 years ago. Someone that packed 10 million units then at total cost of 2 million would have 50million today
Similar to how Ikeja Hotels was selling below N1 (i.e. 0.70 -0.80k) at the time. It is now at N35
That is how NGX can easily make one a multimillionaire or billionaire.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:36pm On Jan 23
GeeKudi:
......and hopefully people will not be catching a falling knife
Why are you scared of a falling knife?
A well experienced or trained guy should be able to catch a falling knife with no qualms! We did in sec sch. with fun grin grin
Travel › Re: Traffic Gridlock As Truck Overturns On Otedola Bridge by mikeapollo: 12:31pm On Jan 23
Vixlot:
Not the bridge, but sloppy nature of the road connecting the bridge....The road is very good but drivers speed on the slope causes most accidents
Why cant the govt install speed breakers if speed is the cause of these numerous accidents on the bridge?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:17pm On Jan 23
faoogoke:
Do you know for how long that stock has been on delisting watch?

It is either it shapes up or get delisted suddenly. Aso type of delisting grin grin grin

But it wont happen in Ngx.
I asked if you really understand the process and procedures for delisting a stock on NGX.? Not how long a stock has been on somebody's ''delisting watch''!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:54am On Jan 23
leo1234:
Election is around the corner.

Maybe they got the contract to produce voter's cards and other deals.
Election campaign funds will start trickling into the market; expect some relative bullish trend in the market until end of Q3 (September), especially if corporate financial results are positive and price of oil does not fall too low.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo:
faoogoke:
Deap Capita that is on delisting Watch grin grin grin

If NGX wakes up tomorrow and delist the stock some people will be shouting injustice..
How do you think stocks get delisted from the NGX? It seems you think that the NGX just wakes up on a bad day and decides to delist a stock?
Foreign Affairs › Re: Khadija Ahmadzada Faces Death Penalty For Teaching Taekwondo To Young Girls by mikeapollo: 11:36am On Jan 23
helinues:
The Saudis, the Quatars, infact the likes of Morocco, Egypt are Muslims. Have you seen any such nonsense from them.

Christianity became moderate when bible stories was modified, as long as the Muslim are still allowing some teaching from the old Quran which they refused to modify and which the opportunists have been taken advantage of, peace in Islam to some Muslims have different meanings
It is the influence of western education that made those countries like Saudi, Egypt, Morocco, Qatar etc. to relax the rules on women and other theocratic teachings. Historically, Islam forbade western education until civilization gradually changed things. Even in Saudi Arabia, women were allowed to drive just recently.
Some of these beliefs are still prevalent in many Islamic countries, including some parts of northern Nigeria.
Education › Re: How My Old School Mate Betrayed Me by mikeapollo: 11:28am On Jan 23
SeeWahala:
If I were him i will do the same undecided only heaven knows how many times you and your other school mates made a mockery of him back then when he was struggling to copy and beg from you guys sad

for him to do you this dirty it means you must have been one of his chief mockers back in the day 😏

He who laughs last has to laugh best grin enjoy your epiphany
So to you, this is the ''last laugh''?
How shallow and myopic!
Foreign Affairs › Re: Trump: Businessday Cartoon by mikeapollo: 10:49am On Jan 23
Warldbest:
FTC, hehehe.
But wait, I don't know why non Biafrans are afraid of actualization of the Sovereign State of Biafra. I need answers
Biafra would have been easy and successful many years ago. Until secession metamorphosed into expansionist aggression to conquer the South West through Benin, Ore, Ondo etc. That is the mistake that made Biafra to fail at the time.
Biafra may succeed in the future if the right strategy and approach is adopted.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:37am On Jan 23
SonofElElyonRet:
Still waiting for news about Ellah's PO
Why not contact the registrar or company secretary, if possible? They should have some updates they can share with shareholders
Foreign Affairs › Re: Greenland Will Not Handover Any Territory To U.S - Denmark Warns (Photos) by mikeapollo: 10:32am On Jan 23
WriterNig:


Only a fool would sell out their territory in a world where people are fighting and dying for land.

Russia vs Ukraine = Land
Israel vs Palestine = Land
China vs India = Land
World War 2 = Land.

And so many more.

The number one cause of war since the time of Jesus Christ has always been LAND. And the resources that sits beneath those lands.
Is China fighting India over land?[b][/b]
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:06am On Jan 23
Like play, like play....na so Deapcap go to enter N10 and beyond.
God bless @Megawealth01 and all others for their well-intentioned, selfless stock picks and recommendations.

This is not a buy advice ooo. Kindly ignore my sentiments
Celebrities › Re: I Love Wizkid But He Shouldn’t Have Insulted My Father – Yeni Kuti by mikeapollo: 9:58am On Jan 23
Fiscus105:
How did he insult your father?


When did,....I big pass your papa..... becomes an insult?
So you would be happy and okay if your colleague, a younger colleague or friend tells you that he is bigger than your papa?
You don't see that as an insult to you and your dad?
Interesting!
Celebrities › Re: I Love Wizkid But He Shouldn’t Have Insulted My Father – Yeni Kuti by mikeapollo: 9:55am On Jan 23
omoredia:
Then talk to ur brother. This is nigeria we dont take nonsense from anybody dead or alive as long as we have money
The beginning of the end of a society: when they adore and respect only money
Foreign Affairs › Re: We Want Greenland, Without The US You All Will Be Speaking German - Trump by mikeapollo: 9:27am On Jan 23
madridguy:
I stand with Trump on Greenland matter. The EU should be grateful to their master and accept Trump to annex Greenland in peace.
You should stand with Trump also when it comes to his support for Israel
Foreign Affairs › Re: Iron Dome Is USA Technology, Isreal Shouldn’t Take Credit For It — Donald Trump by mikeapollo: 9:05am On Jan 23
lawani:
It has been restated severally that the major contributors to the Manhattan project that birthed the atomic weapon were British and not Jewish scientists. The then US President said it could not have been done without the contribution of at least two British scientists.. Einstein"s E is mc2 was the base idea but the weaponisation was not Einstein's idea. Things are built on each other and Einstein was not part of the Manhattan project.
Who is trying to steal a tech that was perfected decades ago? They can build the weapons but are being stopped from doing so.

You are giving too much credit to Israel on USA. Did Israel also build the British empire?

Nobel prizes winners are determined in Europe. The number won by Jews does not mean they contribute more than 1 4 billion Chinese. I can bring other statistics that favor any other group say the Yoruba.
Let us even give the Iron Dome to US because of Trump wahala.

What about the following air defense systems:
Iron Beam
Arrow 1,
Arrow 2,
Arrow 3,
David's Sling ?
Politics › Re: Rivers Chief Judge Declines To Set Up Panel To Probe Fubara by mikeapollo: 2:41pm On Jan 22
Focusmind:
As I expected. The house may have to bypass the chief judge and seek that compulsion from a higher court in another state.
They cannot bypass the State CJ.
Foreign Affairs › Jews Are Part Of Our History; Not Just Ashkenazi From Europe - Saudi Journalist by mikeapollo(op): 2:09pm On Jan 22
https://www.yahoo.com/news/articles/jews-not-just-ashkenazim-europe-135358096.html

Jews are not just 'Ashkenazim from Europe, they are part of our history,' says Saudi journalist
ADI COHEN
Wed, January 21, 2026 at 2:53 PM GMT

Saudi journalist Abdul Aziz Khamis breaks Middle East stigmas on interview with Dr. Cohen. January, 21. (photo credit: screenshot)

"The problem is that we haven't known each other enough. There is a current refusal to accept the other and believe that Israel will collapse, but that is a strategic and historical mistake."

"Peace is the only solution," said Abdul Aziz Khamis, a veteran Saudi journalist and former editor-in-chief of prominent newspapers such as Al-Majalla and Al-Arab, in the tenth episode of the "Mizrahan" podcast on Wednesday.

In the podcast, hosted by Dr. Edy Cohen, Khamis shared his historical perspective on the Jewish people's right to their land in a conversation conducted in Arabic and translated into Hebrew.

Dr. Cohen started the conversation by asking Khamis one question that concerns the Israeli public, "What happened to normalization? Why aren’t we seeing a breakthrough between Saudi Arabia and Israel right now?" he asked.

Khamis explained that the Saudi side "Insists on recognizing a Palestinian state as a prerequisite for any future dialogue," as Israel does not accept this presented precondition, even despite agreements between the US and Saudi Arabia.

According to the Saudi journalist, "The problem also lies with the Palestinian leadership – it lacks an effective leadership that can convince the Israelis to pursue peace." He added that regarding peace, Hamas, which draws from the ideology of the Muslim Brotherhood, "Does not recognize Israel's existence or the Jewish identity on Arab land. "

Saudi Crown Prince Mohammed bin Salman: ''The Arab world’s greatest fear is the Muslim Brotherhood and a Hamas victory.'' (credit: SAUDI PRESS AGENCY/HANDOUT VIA REUTERS)

Khamis explained that Hamas has destroyed the Oslo Accords through terrorist attacks, also being responsible for the October 7 massacre. "As long as there are elements operating with blood and hate, supported by Iran, peace remains distant," he added.

As his second question, Dr. Cohen addressed the antisemitic nature of Mecca mosque sermons, which speak against Jews as people, and going beyond anti-Zionism, asking, "How does this fit with Saudi Arabia’s 2030 vision?"

The Saudi journalist answered, saying, "There are voices that are mistaken in their approach and in their choice of words, swept away by extreme propaganda. These preachers forget the Quran."

He added, "In Surah Al-Baqara, verse 62, it clearly says that the believers, Jews, and Christians, anyone who believes in God and does good, their reward is secured, and they will not fear. Islamic principles acknowledge the People of the Book and their right to be different. I completely reject this rhetoric. The Prophet Muhammad himself was married to a Jewish woman, and his relations with Jews were good until his death."

Khamis explained that the roots of the problem lie in the logic of hate spread across generations: "We need to formulate a new discourse of tolerance."

Dr. Cohen moved on, asking, "What do you think about the Jews' right to this region?" Dr. Cohen stated that many Israelis feel that hatred is "too deeply rooted and that normalization will not happen in the next decade."

The Saudi journalist explained that "The problem is that we haven't known each other enough. There is a current refusal to accept the other and believe that Israel will collapse, but that is a strategic and historical mistake. We must understand: the Jews have been in this region for thousands of years. They are an integral part of the Middle Eastern fabric. They had a state in the past, just as others did, and this is a reality today recognized by the UN."

Diving into the origins of Jewish existence in the Middle East, Khamis offered a historical review, "Jewish existence in the region predates Islam. Let’s look at Iraq – Jews lived there for over 2,500 years. Isaac Sasson (Sasson Haskel), who was Iraq’s first finance minister, was Jewish and considered one of the best in his role. He fought against the British for Iraq’s oil rights. They had a presence in Egypt, Lebanon, and Syria."

He added, "We cannot say they are just 'Ashkenazim who came from Europe.' They are part of our history. If we examine the region's history, we see it is filled with boundary changes shaped by the British and the French, but the Jewish presence is a solid historical fact. Instead of blood and hate, we need to have a dialogue and achieve rights through understanding."

Iranian axis collapse: 'Hamas has become a burnt card for Khamenei'
Later in the interview, Dr. Cohen addressed the matter of the Houthis in Yemen, "What about the Houthis in Yemen? Israel is now operating in Somaliland, and Saudi Arabia seems to be opposing it."

Khamis responded, "It’s absurd. The Houthi threat and the missiles they launched towards Israel led Israel to position itself in the Horn of Africa and in Somaliland. The Houthis, with their foolish policy, allowed Israel to reshape its strategy and find bases near the Red Sea."

"Arab countries complain about Israel's presence, but they did nothing against the Houthis. Israel is acting to protect its security, and it has the right to do so. You cannot deny the right of nations to security while supporting those who attack them. That’s hypocrisy and blindness," he added.

"The Muslim Brotherhood is the source of destruction – anyone who associates with them fails."

Regarding the Muslim Brotherhood's influence in the Middle East conflict, Dr. Cohen asked Khamis' opinion on what he thinks "About the Israeli left cooperating with Mansour Abbas and Ra’am, who are identified with the Islamic Movement?"

The Saudi journalist's answer was clear, "Any entry of the Muslim Brotherhood with their ideology into the coalition will destroy this government from within. Mansour Abbas and his associates try to deny their connection to the Muslim Brotherhood because they understand that the world has started to despise this organization."

He added, "They use words like 'reform' or 'development' to disguise themselves. We saw how the previous Israeli government fell very quickly. Any alliance with these elements brings you closer to defeat and failure. This ideology cannot fit into a democratic or stable government."

Message to the people of Israel: 'Peace is the only solution'
Dr. Cohen concluded the interview by asking Khamis to send a message to Israelis and Jews who were listening to the podcast.

"My message is that peace is the only option, but it must be mutual and based on solid foundations. We all made mistakes in this region – Israel also made a mistake when it thought it could manage Hamas and give them suitcases of money. That mistake cost dearly," he concluded.

Source:
https://www.yahoo.com/news/articles/jews-not-just-ashkenazim-europe-135358096.html

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