Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:11am On Sep 16 |
It is always said that ''Statistics would tell you whatever you want it to say''
Some folks are now coming up with stories like: ''I bought Dangote Cement at X price in 2010 when dollar was N200, it is now Y price in 2026, only a Z% gain in 16 years after. " I bought Dangote Sugar at X price in 2016 when dollar was N350, it is only Y price in 2026, just Z% gain in 10 years'' etc, blah blah blah.
Why pick on only Dangote stocks and not apply the same metric to all the stocks listed on NGX, including the ones in your portfolios as well.? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:01am On Sep 16 |
SonofElElyonRet: You are mundane not awesome. And the J probably stands for joke of the century... You would blame me for believing what I heard dangote himself say right? I now concede I was wrong thanks to reasonable refined people who pointed it out. I did not concoct the statement. Blame Dangote, Awesome Jester Na wa oo |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:19am On Sep 16 |
megawealth01: As seen on the internet You go kee person with this "as seen on the internet"  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:10pm On Sep 15 |
thebargainhunte: It is just inborn, nothing moves them. He will surely sweet talk his way out. I guess you are referring to a ''mistaken identity''. ''My own uncle'' has integrity!. Abi, which ''uncle'' are you referring to? Because I no understand you people again  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:44pm On Sep 15 |
Everybody just focusing on Dangote refinery. Even people wey supposed ''face front'', them dey look ''sideways'' dey do ''amebo''. ''My people'' are focusing and watching towards ''Lekki'', instead of concentrating and closely monitoring our ''Uncle'' so that he does not misbehave on Thursday. Our ''Uncle'' may escape again this time, then ''my people'' would come here to start lamenting again. But na them go cause am. I no mention any names ooo.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:35pm On Sep 15 |
Streetinvestor2: Abeg oh.They must pay dividend by 2027 or max 2028 If it fail Dangote no go breath for Nigerians mouth...lol Dangote refinery is likely paying dividend for FY2026. That is always his style. His public offerings are usually close to end of year, and he offers to pay dividends to attract subscribers. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:04pm On Sep 15 |
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Foreign Affairs › Re: Hamas In Shock After IDF Force That Kidnapped Al-arabid Impersonated Al-qassam M by mikeapollo: 2:00pm On Sep 15 |
Jews and Israelis are the masters of spying, espionage and intelligence gathering. They have been doing it since the days of the Bible, thousands of years before any other people or country in the world. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:59pm On Sep 15 |
jonnysessy: This dividend is going to be spent wisely. Will remove what to fill my tank and the rest goes to Dangote Refinery. Technically everything invariably is going to Dangote Refinery.
 This refinery ''tank'' go over-flow |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:29pm On Sep 15 |
pluto09: There is money to be made with dangote refinery for those who understand the game. I just need to buy my few tasere units before Otedola go bombard the NGX floor. That $100m (about N140b) shares are surely not enough for someone like him |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:24pm On Sep 15 |
megawealth01: As seen on the internet I hope Soludo, a well celebrated professor, would not engage in unnecessary politicking. To me, his record and performance as CBN governor puts him at a pedestal above a lot of other governors and polticians. This is not to say that Obi is above scrutiny or criticism. Everyone vying to become president (Obi, Atiku, Tinubu, etc.) should be willing to be scrutinized and asked questions. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:12pm On Sep 15 |
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Foreign Affairs › Re: Israel Provided Saudi Arabia With Intel. Assistance As Houthi Attacks Saudi by mikeapollo: 12:11pm On Sep 15 |
madridguy: The news is there online for you to see. The news online is that Netanyahu is alive and the IDF used Israeli female pilots to bomb and killed Khamanei, Sinwar, Ali Larijani. Nasrallah, IRGC Commanders, Iranian nuclear scientists etc |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:02pm On Sep 15 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:58am On Sep 15 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:40am On Sep 15 |
Streetinvestor2: The main thing that will make this ipo over subscribed is the strategy being adopted. The target is large percentage of poor Nigerians who can easily part with 11k plus for 20 units and the promise of making them millionaires soon.It is easy to succeed in any projects u collect small money from Nigerians and promising them prosperity soon.The level of hunger and poverty makes most think of quick money this days in our country. That is why a very large percent of our population plays one form of bet or the other. Alhaji knows why 10 units was made as minimum purchase. He for try 100 0r 1000k..lol I think the promise to ''make people millionaires soon'' should be addressed and clarified by Alhaji or his PR. That statement could be used against him, if things go wrong. Although, he did not force anyone to buy. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:35am On Sep 15 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:24am On Sep 15 |
Agbalowomeri: Will Zenith pay full year dividend of N13? Is Agba man inside Zenith?  Let's folks know oooo; so we can join you there and be ''safe'' from ''bashing'' |
Foreign Affairs › Re: Israel Provided Saudi Arabia With Intel. Assistance As Houthi Attacks Saudi by mikeapollo: 11:15am On Sep 15 |
madridguy: Saudi Arabia should put their faith in Allah and follow Islam. In Islam, we must live in peace with our neighbors.
The same Israel has to beg the entire world to help them against the Ansarallah ( Houthis ) few months ago. How you people could tell lies so effortlessly is amazing! Incredible! Your hate toward Israelis and Jews is deep and toxic. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:06am On Sep 15 |
ppogba: Ngige knelt down inside Okija shrine.
Ngige knelt down before Andy.
Umoh Eno knelt down before the former Governor in a stadium in the full glare of all.
Check the internet. Make una leave person wey dey hustle for his daily bread alone.
He may not know about shares, stocks and other investment. Let us cut him some slack.  Instinct for survival and relevance |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:48am On Sep 15*. Modified: 11:06am On Sep 15 |
emmanuelewumi: As a matter of fact the stock price of Seplat was either flat or dipped for the first 4 years when it was listed.
Yours truly bought Seplat for N300 instead of the IPO price of N576, some investors were even lucky to get it cheaper.
If this happened with a stock with a total outstanding shares of 600 million, I can't imagine what will happen with a stock with over 124 billion outstanding shares The appetite of the stock market in 2014 was different from what obtains in 2026. In 2014, a lot of people had not recovered from the 2008-2010 global financial crisis. Most investors and even companies ''shied away'' from stock market. Only a few people, like you, still managed to be active. So Seplat could be described as being 'bold'' to even try a PO in 2014. The story is no longer the same as the market seems to have recovered substantially from the 2008-2010 crisis. The appetite has gone up again If Dangote had tried this refinery PO in 2014, it could have been under-subscribed and probably failed. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:27am On Sep 15 |
megawealth01: As seen on the internet This your ''as seen on the internet'' nowadays, e get as be oooo.  Either you dey do sarcasm or you dey run for cover or you dey laugh us for this country! |
Business › Re: Traders In Lagos Stage Protest Against Chinese Shops At Trade Fair And ASPANDA by mikeapollo: 9:16am On Sep 15 |
Sheuns: The Chinese should be restricted to factory establishments only in Nigeria.
You can’t just allow them come to start doing retails and clearing out competitors that don’t have as deep pockets as them.
Na so una do take kill SMEs all in the name of looking for Foreign investments. You see, this is the same reason that some Ghana market unions raised against Nigerians trading in some retail markets in Ghana. But some Nigerians said it is because of ''jealousy'' and ''hatred'' |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:05am On Sep 15 |
megawealth01: As seen on the internet
MTN Nigeria my lawyers will be sending a letter to your office I will want a well detailed explanation as to why my private number was used for dangote IPO advert without my consent,my number which is linked to my NIN was used without my consent and I will not take this likely…I will need explanations and if your explanation don’t make sense to me we will meet in court 2:the whole dangote IPO thing looks like a Ponzi scheme to me,if aliko dangote cares about Nigerians to the point where he wants to sell shares of his refinery for as low as 5000 naira plus then he should just bring down the price of CEMENT,PETROLEUM PRODUCTS,RICE,SUGAR, the price crash of this will make life easier for everyone,ANYWAYS @mtn get ready
© VeryDa4kM*n (VDM) The only thing that makes sense is the decision to sue MTN for the unauthorized use of his phone number for an advert. That action by MTN (or whoever did) is reckless! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:29pm On Sep 14 |
deathwing: What was the point of Dangote talking with regulators from SA, Kenya and other African countries? Does he really intend to list some of his shares on other exchanges and reduce his stake? He plans to build a refinery in Kenya, and he wants to attract investors across Africa for both refineries |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:10pm On Sep 14 |
megawealth01: Former Dangote IPOs have done 380%+ in 20 Years, Question is can you wait? Dangote Flour, Cement and Sugar? All in Oligopolistic sectors. And is demand for those products fairly elastic or inelastic? Refinery is a monopoly; demand is relatively inelastic. The economy relies on fuel to run. The only thing that can mess it up is govt license for massive fuel importation |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:52pm On Sep 14 |
GeeKudi: Broker should be better. Morgan Capital is not giving any clear direction though. Any reason why broker is better? Abeg....ooo. I just wan learn.  No be argument or anything |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:41pm On Sep 14 |
megawealth01: Avoid buying Dangote Refinery IPO through your bank...
You will likely regret it later
© Ogochukwu Okolocha Which channels do you suggest as better. Me, I will buy via my broker or issuing houses |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:39pm On Sep 14 |
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Business › Re: Europe Should Thank Tinubu, Nigeria For Keeping Planes Flying – Dangote by mikeapollo: 5:06pm On Sep 14 |
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Foreign Affairs › Re: UK Leaders Sign Agreement To Break The United Kingdom (Video) by mikeapollo: 5:04pm On Sep 14 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:04pm On Sep 14 |
megawealth01: 1.5trillon naira raised and still counting...
Dangote's Fortune Set to Jump to $58 Bln on Refinery IPO
Africa's richest man, Aliko Dangote, is poised to make a $23 billion leap up the list of the world’s wealthiest as he opens an initial public offering for his refinery.
The tycoon’s net worth is projected to reach as much as $58.2 billion with the IPO of Dangote Petroleum Refinery and Petrochemicals Fze, according to Bloomberg calculations, surpassing US hedge fund tycoon Ken Griffin and tech billionaire Eric Schmidt. Bloomberg's Anthony Osae-Brown reports. First, tell us if you will be buying  |