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Mikeapollo's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:03pm On Oct 21
9jatriot:
To answer your question directly, the owner of Nairaland did. They created different sections so that it is easy for people of like minds and interests to stay in their section and discuss.
Financial economy and political economy are inseparable. Tell that to the ''owner''
The president appoints ministers, DGs of ministries, departments, agencies etc, including CBN, NGX and SEC.
Their policies determine what happens to the FX market, exchange rate, inflation, purchasing power, interest rate, treasury bills rates, share price movements, NGX etc.
Those policies are what we discuss!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:55pm On Oct 21
9jatriot:
Who set it?
Wow, this is even a bigger problem, so it is a case of not even knowing what thread you are on?
Who set the rules that issues of political economy can never be discussed on a financial economy (investments) platform?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:49pm On Oct 21
9jatriot:
Even you, GeneralDae, ghm and co, what is so hard to go to the political section to ply your trade?

Many people felt relief during those 2 weeks he was absent; I want to believe.

How can grown-up folks just struggle to obey simple rules?
Simple rules? Set by who? And for who?
You can equally ignore any post that does not tickle your fancy
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:41pm On Oct 21
9jatriot:
Nonsense talk.
The West is not like Africa? So, they non de sleep for West, nature non de affect human being for there. Na only you don travel abroad. Na people like this one go visit their village go de drop lamba about life in the city or abroad, both real and imaginary.

You non get any madam wen go totori around that time so that you go make you enter bed? Except you are on night duty, every normal human being is in bed at 2am; occasionally they may not be, but yours is every day.

Non be only West, na North.

How can a human being in a supposedly civilized world spend hours upon hours talking politics on an investment thread? Jeez.

Meanwhile, Mr Conjunvitis is busy twisting logic on its head and then turning around to claim, 'ayam not supporting anybody'
We all are expected to be mature adults,
How someone spends his/her day, whether here on NSEMPA or on other platforms cannot be discussed or challenged here. People have different schedules based on their life style, work, projects or assignments, weather condition of their geographical location, access to the internet etc.
People come here only when they have the time.

For almost 2 weeks, Mega was not posting here at all and some people thought he had been banned.
Car Talk › Re: Cars Abandoned At Airport By Travellers Who Never Return by mikeapollo: 5:25pm On Oct 21
nlfpmod:
What Happens to Cars Abandoned at Airport Parking?

This is a trending video of dusty, long-parked cars in an airport garage with drawings on their surfaces, raising questions about vehicles abandoned by travellers who never return.




They will come back and pay for the parking fee.
Some traveled for some few months and did not have a very secure place to park the car, so they preferred parking it at the airport until they return.
They will even negotiate and ask for some discount and then pay and move the cars
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:22pm On Oct 21
GeneralDae:
Nah, old story. Niger and Nigeria have made amends since around early 2025 or sometime in 2024 even. Nigeria even had to supply them fuel at a time. That cannot be a major cause of the current food inflation.
You seem not to realize the ripple effects of the reckless decisions that this govt makes
Why destroy something with a careless statement, and then be doing damage control later?
Why not first think properly and consult widely before you make any pronouncements?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:38pm On Oct 21
GeneralDae:
What you call suffering of the masses is simply inflation. Major inflation is food inflation caused majorly by lack of infrastructure between the north and south as well as post harvest losses. From your analysis and research, do you think he is taking steps or has taken steps in 3 years to resolve these problems? I don’t want you to write like someone expecting magic but one looking at steps taken beyond just current price of rice and garri.
For example, Ruto in Kenya is transforming Kibera slum by building houses for the poor. Is Tinubu doing thesame to help the poor? If he is not then he is failing and not helping the masses. This is how I like arguments rather than the general simplistic arguments the opposition presents.
The food inflation was worsened because food commodities that used to come from the Sahel states (Niger Republic especially) e.g. beans, onions, tomatoes etc. stopped coming into Nigeria because of the break in diplomatic relationship as a result of the reckless attempt to invade them and the ultimatum issued to them by the Tinubu govt.
His poorly thought-out decisions and statements are responsible for a lot of hardships in the country.
His communication is very poor! A good leader should know how to talk to the public in public
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:57pm On Oct 21
ghm:
If you ask me, the Oando issue is a today's issue. It is an anomaly in the sector. That is why it is one of the most discussed here.

Yes, Oando is exactly the kind of idea worth discussing—because it forces us to ask uncomfortable questions about execution, not just potential.

The N500 billion capital raise was approved by shareholders at the AGM in September 2026. The N220 billion rights issue (4.4 billion shares at N50) was filed with the NGX in February 2026. It has been pending regulatory approval for eight months.

So the "idea" here is not "Oando will fix its balance sheet." The idea is: how long does a company with negative equity get to keep a capital raise pending before the market loses patience? The OODP guarantee expires March 2027. If the rights issue is not approved and completed before then, the guarantee lapses and the company is exposed.

The market is already voting. The stock trades around N35—below the N50 rights price. That means investors are telling you they do not believe the raise will happen at that price. If it does happen, it will be because OODP absorbs the shortfall, which concentrates ownership further.

So yes, let's discuss the idea. The idea is not "Oando is a buy." The idea is "what does the market's discount tell us about execution risk?" That is a useful idea.
Ok, go ahead and discuss the Oando ''idea''
Music/Radio › Re: Flytime To Bring Brandy, Lil Baby And Kehlani To Lagos In December by mikeapollo: 3:38pm On Oct 21
naptu2:

https://www.youtube.com/watch?v=zSqRgKkxAL0?si=D_5M8iFRue31SZlL



https://www.billboard.com/music/rb-hip-hop/brandy-flytime-house-of-rb-concert-lagos-nigeria-1236358381/
Detty December originated from Ghana!
Nigeria is copy cat extra ordinaire but we make so much noise as if it originated here
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:34pm On Oct 21
megawealth01:
Una sha no want make we hold Jagaban and his cronies accountable for all the hardship ordinary Nigerians are currently going through.

Kò lè work ooooo! 😂
Don't mind them.
The ''syllabus'' that Tinubu used to criticize previous govts is the same ''syllabus'' we are using to criticize him.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:25pm On Oct 21
Agbalowomeri:
No be my language o

Na TA grin
No be you? Nothing do you, abeg! grin
Just dey dancia dey go!
I hope you take the ''ride'' from ''bottom'' to ''cloud'' 9 as usual
After you na you
Politics › Re: I'm Sorry For Leaking Official Matters, Ex-dss Officer Begs DG, Colleagues by mikeapollo: 3:20pm On Oct 21
Romance › Re: I Need A Husband Who Can Relocate To The Island & Obey my Rules - Single mother by mikeapollo: 3:15pm On Oct 21
Lovelink1991:
A 33-year-old single mother has cried out that she is looking for a serious husband who can relocate to the Island to come and be with her!

But there's a condition - he must follow all her rules!

She said she has laid down all her rules in this video, so any serious-minded man who thinks he can abide by them should watch till the end and apply to be that lucky man.

Are you that lucky man? Can you relocate and follow her rules?

Watch the full video to see all her rules and drop your opinion in the comments!

Do you think her conditions are fair? Would you relocate for love?


#SingleMother #LookingForHusband #NeedAHusband #MarriageSearch #HusbandWanted #RelocateToIsland #SingleMomSearch #FindLove #SeriousRelationship #MarriageRules # #TrendingNow #LoveSearch




https://www.youtube.com/watch?v=PijhQ5OiFbk
She has disqualified herself from getting the right man!

No serious man would accept ''rules'' from a woman he wants to marry and be husband to.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:12pm On Oct 21
Agbalowomeri:
Since you asked, it is giving sign of a temporary bottom, not a bbl sha

But the baddie needs to enter above the Ichimoku cloud first

Have you ever done it above the cloud before? grin

A - rapid movement above the cloud

B - Slower consolidation around 36 till December

C - Unusual volume, technical backing a medium-term movement
I know something like ''bottom'' and ''cloud'' 9 would be includeed
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:54pm On Oct 21
ghm:
"Small minds discuss people. Average minds discuss events. Great minds discuss ideas."
— Often attributed to Eleanor Roosevelt


What ideas are out in the NGX today?

Dangote Refinery: The idea that Nigeria can refine its own crude, stabilize FX, and democratize ownership. It raised N2.15 trillion at N525 per share, with a minimum of N5,250—explicitly designed for the masses.
Insurance: The recapitalization story. The NIIRA 2025 set a July 2026 deadline. The NGX Insurance Index returned 65.64% in 2025, and stocks that traded at kobo for years are now real sector plays.
Oando: The balance sheet repair story. N500 billion capital raise approved, rights issue filed, 40-50 kboepd exit guidance reiterated. huh
FTSE Frontiers: The reclassification story. 30 Nigerian companies entered the FTSE Frontier Index on September 21, 2026, after three years as Unclassified.
2027 Election: The policy continuity story. Analysts assess an APC victory as the "lowest-disruption scenario" for markets, sustaining FX liberalisation and fiscal consolidation.
Interim Dividends: The income story. Zenith just proposed N1.50 per share, up from N1.25, with the stock up 118% YTD.
The "Lifetime Investor" is dead: You invest with an exit target and divest when the target is reached.
Investing as a career: The idea that you can build a professional life around capital allocation, research, and portfolio management—not just as a side hustle, but as a discipline.
Family Office: The idea that wealth can be structured, preserved, and transferred across generations through a dedicated investment vehicle. This is not just for billionaires. It is a framework for anyone serious about multi-generational wealth.

What ideas are in the pipeline?

NNPCL Listing: Committed to reforming and listing NNPC on the NGX—a potential mega-listing that would deepen the market and broaden ownership.
NLNG Listing: The rumoured multi-billion dollar listing that could redefine the exchange's market capitalization.
OPay Listing: A fintech listing that would signal the tech ecosystem's migration to the public markets.
National Savings Scheme: A new vehicle for education, housing, business, and retirement with tax incentives.
Capital Market Master Plan 2.0: N750 trillion market cap by 2036. Equities market cap from 33% of GDP to 60%. Investment-grade rating within three years.

These are ideas. Not people. Not events. Ideas.

That is what this forum should be discussing.
So Oando that has been keeping investors waiting for more than a year with AGM approval for N500b capital injection, N220b rights issue; is that one of the new ''ideas'' that you want us to discuss? grin

I tire for Nigeria!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:46pm On Oct 21
Raider76:
Dangote buys 24pc stake of Kenya Pipeline Company


https://www.businessdailyafrica.com/bd/markets/capital-markets/dangote-buys-24pc-stake-of-kenya-pipeline-company-5640152

Alhaji is gone. You can't catch him.
Just leave the doubting Thomas alone.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:05pm On Oct 21
Oasisblue:
Dey Play.

Go talk to people working at USAID, US CDC, NIH/NIAID, and PAHO/WHO in the US to see how many were thrown out of their jobs because of that single day's action and DOGE.
So there have been as many as 15m people more added to the poverty numbers in the US because of Trump policies?

In any case, did Nigerians vote for Trump? Are the US citizens on the same level, privileges, standards of living etc as Nigerians? How difficult is it to get another job between US and Nigeria, and is the level of unemployment the same?

Nigeria is the country with highest number of poor people in world, for heavens sake!
Such a useless comparison
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:15am On Oct 21
Oasisblue:
Lol. I take it you were not following world events when Trump signed a ton of executive orders altering so many facets of life in the USA and abroad on his first day in office?
You see you people again?
You said Trump signed executive orders on his first day in office.
How many American citizens lost jobs or companies closed down because of the executive orders?.
MAN says 700 companies closed down because of the policies of your president. I guess you are happy for that ''achievement''?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo:
ghm:
Humm, education time:

Do you know what will happen in Europe and Asia if the government says the people should use gas instead of fuel? The citizens and private sector will immediately set up businesses to convert—and you will see it in every part of the country. It will not be the government doing the conversion; it will be private companies.

I have seen a direct example in the EV policy in Europe. Power companies, tech companies, fuel stations, supermarkets, etc., moved on to start setting up charging stations. You hardly see any belonging to the government—but citizen-owned companies dive in and earn from it. They make so much money doing it, create a lot of jobs from it, and the whole nation gradually moves toward the government's target.

Compare this to Nigeria and let me hear you.
A sudden, off-guard statement by a president creates severe hardship and dislocates the economic life of the people, and you rather expect the private sector and citizens to immediately assume responsibility for the technology and huge costs of transiting from fuel to gas, without any concrete infrastructure support put in place by the govt?
Such decision should have been followed by an aggressive, deliberate policy by govt to establish gas conversion workshops/centres in all universities, polytechnics, technical and vocational colleges, LG/State secretariat, NNPC filling stations and others etc, That is how to ensure that the technology is readily made available and citizens do not suffer for too long as a result of the fuel price increase.

You do not create a problem and expect others to be the ones to resolve it for you. It is irresponsible behaviour.
Similar to how the FG expects governors to solve problems that were created by policies of the FG!

Don't even try to compare what happens in Europe and Nigeria.
No president in Europe would be reckless enough to plunge his nation into sudden confusion and economic hardship on his inauguration day with a statement like ''....whether you like it or not, subsidy is gone...''; without ministers, without a cabinet, without consultation, without a policy document etc. Such president would be made to resign immediately or be impeached soon after his inauguration!

Would you also want to compare the roads and electricity between Europe and Nigeria too? And tell us that the roads and electricity in Europe were built by the private sector, so we should wait for the private sector to build roads/electricity grid for us in Nigeria too?
Foreign Affairs › Re: Burkina Faso, Niger, Mali, Resume Talks With ECOWAS 18 Months After Withdrawal by mikeapollo: 9:23am On Oct 21
sms4sure:
When you cannot beat them, you rejoin them. The three sahel country thought they can act and progress alone but when hard time is touching them, they realised it's high time they repent and rejoin or cooperate with the region. A tree doesn't make a forest as the elders will say
Just typing anything1
Who told you that ''hard time'' is touching them?
When you have a reckless president that wants to threaten sovereign states, they will surely stand their ground,
Every other country is not docile like Nigerians who always tolerate nonsense from their leaders
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:18am On Oct 21
GeneralDae:
What policies would benefit the majority of the masses?
I have mentioned a lot of them in previous posts. Go and check them out, even though, as usual, you would be defending a govt that has failed woefully.

A govt that said people should rather use gas after they removed subsidy from fuel. For 3 years, they are not able to convert 300,000 cars from petrol to gas, when there are about 15m car owners/drivers in the country!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:35pm On Oct 20
pluto09:
Consistency matters.
Cycles is when you have a president that is pro market and you elect the next one who is a socialist.
OBJ, pro market and ya ardua, welfarist.
GEJ, pro market and buhari.......Tinubu, pro market and the next,,,,
Even if that is so, why should the ''cycle" stop now because it is Tinubu in govt? Did Nigeria collapse when others were in govt?
Nigeria will make progress irrespective of the type of ideology of the president.. What matters most is to execute policies that would benefit the majority of the masses .
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:40pm On Oct 20
pluto09:
We should always consider the alternatives.
Throwing GEJ out to vote buhari was not a good call.
I don't have problem with replacing Tinubu, but replacing him with who.
Nigeria problems will not be solved by a single president but we don't need to be going around in cycles.
What is "cycles"? The masses can vote people in and out of power! There is nothing like ''cycles''.
If kicking out a president who has inflicted unprecedented hardship and suffering on the masses is what you call ''cycles'', so be it.
We need to make leaders to respect and fear the citizens.

Dont even tell me that Tinubu currently is better than any of the contestants!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:23pm On Oct 20
megawealth01:
You no mention TONY ELUMELU and WALE TINUBU. Those duo are lovely in physique
So you are ''impressed'' by Wale Tinubu? Lovely?
This life no balance at all grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:18pm On Oct 20
Tendd:
No nah.The protruded stomach or big bellies ain't no sign of good health but that physical inactivity and bad food choices. Think of Amazon and Facebook founder.Well trained athletic bodies.We must begin to change that narrative for our industrialists.We want to see them looking healthy.
Haha!
Dangote has always maintained good shape but I dont know what happened to him with that stomach. Maybe he just finished some Tuwo shinkafa or eba! grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:00pm On Oct 20
Tendd:
Alhaji and Bua,what are they eating?The doctors must inform them to watch what they eat.Everything no be money.
These billionaires are better ooo.
They are rich enough to have the biggest bellies but they don't eat or drink anyhow!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:58pm On Oct 20
essentialone:
*When Companies make Loss, they do not Pay any Tax to Government. Why then is it that when we sell off the stock of that same Company at a Loss, we still get Taxed by Government?*
In your case, you are trading in the stocks of the company.
You can still make profit from trading the stock, even though the company itself is making losses.

The company employs workers and other factors of production and the only way that can be sustained is through profits, before taxes are levied.
Family › Re: Is Marriage Where Women’s Dreams Go To Die? - Kiki Osinbajo Asks (Video) by mikeapollo: 5:54pm On Oct 20
Jennyclay:
Most men refuse to setup businesses or invest in their wife’s business. undecided

Men solely responsibility is to provide and support his wife’s dream.

Any man that can’t support me in a relationship is a big red flag not to talk of marriage. undecided
And what is your own sole responsibility if the man's is to support your (i.e, wife's) dreams?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:49pm On Oct 20
HesInMe:
The point is that the incumbent is not our only choice. And before you people try the silly there's-no-messiah argument, I say this: Keep throwing them out until we win the statistical lottery. We have a pool of 250 million to draw from. That was my position with GEJ and Buhari. I don't see why not now.
God bless you abundantly for this.
It just amazes me how some Nigerian have the mentality that ''whoever is president is the best available'', ''no one else can do it'', ''no one is capable'' etc crap

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