Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:57am On Jun 11 |
megawealth01: And what if Wale disappoints?  Na today yansh dey back?  I don't think people should expect anything too fantastic in the results for FY2025. The results for Q1 2026 may give clearer picture of what to expect going forward, especially with plans for new capital raise. |
Politics › Re: Falana, Others Set June 12 For Nationwide Protests Over Insecurity, Hardships by mikeapollo: 9:59am On Jun 11 |
Zionmdde: Nobody should disturb the peace of this country Next year is election. They will protest this year and collect 5k or rice next year to vote tunubu again
Those that are hungry are the bulk of those that continually ensure that Nigeria doesn't get any good leaders because they are always ready to vote the worst
Protest my foot Are you really serious? You call the endless killings, kidnappings, school children abductions etc. going on ''peace''? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:39am On Jun 11*. Modified: 10:19am On Jun 11 |
searchng4love: What about their liabilities and indebtedness? The total liabilities and indebtedness is about N3 trillion. Their proven oil reserves (currently) is in excess of 1.1billion barrels. Do the estimate, using even a very conservative crude price of $30 per barrel at N1350/$. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:54am On Jun 11 |
searchng4love: that coy is highly geared and not profitable Really? Do you know the worth of their assets including proven oil reserves? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:51am On Jun 11 |
megawealth01: BREAKING: The U.S. is taking "millions of barrels of oil" out of Iran every night, President Trump announces.
"I'm going to tell you because they just figured it out. So now that they figured it out, I can tell you it was very hard for me. I wanted to say it so badly."
"When it's over, you will see oil drop to where it was before."
I told you all yesterday that Trump na AREAFADA Trump's main concern is the price of crude oil because a very high crude price could affect the US economy and the citizens would kick him and his party out of govt; that's why he's managing and trying to avoid a full escalation of the war with Iran. Otherwise, Iran does not stand a chance. |
Celebrities › Re: If I Can Feel The Pain, I Wonder What Others Are Going Through – Ruth Kadiri by mikeapollo: 6:02pm On Jun 10 |
Counterigbolies: who will b booted in then?
We agree tinubu is bad, tell us a reasonable candidate who can do better and has a good record at previous performance What do you mean by ''a reasonable candidate who can do better and has a good record at previous performance"? Tinubu is neither reasonable nor credible and does not evenhave a good record at previous performance! So any of the candidates can replace him! Did we not have a Buhari as president? And he was not even as terrible as Tinubu, so what's your point? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:58pm On Jun 10 |
KarlTom: I was referring to the PP. Okay |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:57pm On Jun 10 |
Codevalley: why is Deapcap on full bid, biko  They are planning to raise fresh capital; may be some people have seen or heard more details. |
Properties › Re: Tenant Destroys His Renovated Apartment In Port Harcourt Over Quit Notice by mikeapollo: 1:34pm On Jun 10 |
GloriousGbola: From the pictures it should be clear that he has destructively removed the improvements.
That is not how you restore to original state The improvements are apparently the POP ceilings which were not there when he rented the house. He is free to remove them and leave only the concrete ceilings the way he met it. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:31pm On Jun 10 |
IyaTola: I understand the concern, but I don't think it's necessarily a case of the super-rich exploiting retail investors. Large institutional investors typically commit huge amounts of capital, take on significant risk, and often provide the confidence needed for an IPO to succeed. Because of that, they sometimes receive preferential pricing or allocations.
That said, there should still be a fair balance. If the difference in pricing becomes too extreme, retail investors may feel disadvantaged and lose trust in the market. Healthy capital markets depend on both institutional and retail participation.
The good thing is that when the Prospectus and Pricing Proposal are made public, retail investors can assess whether the offer is attractive and make informed decisions. Transparency doesn't eliminate inequality, but it does help ensure investors understand the terms before committing their money.
In the end, fairness isn't about everyone getting exactly the same deal; it's about everyone having access to the information needed to decide whether the deal works for them. The large, institutional investors are not taking any significant risks higher than retail investors who would be buying via the IPO. The refinery is already well established, operating and producing. Hence both institutional and retail investors are buying into an already functional, viable enterprise. It would be inappropriate to sell shares to them at a discount to what retail investors would pay for same shares. |
Properties › Re: Tenant Destroys His Renovated Apartment In Port Harcourt Over Quit Notice by mikeapollo: 10:54am On Jun 10 |
GloriousGbola: And you decided to document this so that the man has a case against you in court There can be no case in court if he restores the apartment to the initial condition before he rented it. He has the right to remove all the improvements he did, but provided he has record or evidence to show the before and after. |
Foreign Affairs › Re: Rumors Intensify: IRGC Commander Ahmad Vahidi Eliminated by mikeapollo: 10:36am On Jun 10 |
HacheNoire: Like Israel will ever tell you their own losses!
If not for US senate and House investigative journalism, we wouldn’t have even confirmed that the US lost that much!
They censoring everything!
Last time they told us all missiles we’re intercepted only for Trump to confirm that, “Israel was badly hit” Why can't you ask Iran themselves to tell you how many Israeli military generals and top govt officers they are able to target and eliminate? Does Iran know what they are shooting at at all, or they are just throwing anything anywhere with no specific aim? Israel has published the list of Iran's military generals and govt. officials that they attacked and eliminated |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:39am On Jun 10 |
KarlTom: Dey play. It makes no sense to lock the PP for 12months if the difference won't be substantial...  Isn't the PO slated for Sept this year? So how come 12 months? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:57am On Jun 10 |
ogawisdom: Dangote refinery serving the rich first 
Alright 0.35 USD at #1400 = 490
Assuming that HNI gets at huge 50% discount (can't be up to that)
Then expect the IPO in September to be less than #735 or 0.53 USD I don't think the IPO can be more than N500. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:35pm On Jun 09 |
KarlTom: Me sef don join Peter &co I escaped before the drop... 
Na JiJo I dey use OandO do till they get serious
Just make sure you look very well before you jijo. If Wale should shift the soup pot a little, you fit jump enter ''had I known''. |
Foreign Affairs › Re: Israel Strikes Iran In Retaliation For Iranian Attacks by mikeapollo: 3:31pm On Jun 09 |
Razzness: When Israel is fighting weak countries like Lebanon and Gaza they don't need permission from Trump, but when it comes to Iran then all of a sudden, it is Trumps permission they are waiting for . The fear of Iran is the beginning of wisdom Trump is interested in what happens in Iran because it can affect the price of crude oil which would affect the US economy and Trump's political fortunes and that of hi party. Tha is the main reason Trumps wants to manage how the Iran war progresses. It is not because Israel cannot take Iran on. If not for Trump, Israel could have bombed and destroyed all the bridges, power and energy installations in Iran long time before now, but that would make price of crude oil to jump to USD200 per barrel and Trump does not want that. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:03pm On Jun 09 |
Agbalowomeri: N3 in 2010 is equivalent of N50 today Lol  This is what some people fail to realize when they say the stock market has performed ''extraordinarily''.. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:39pm On Jun 09 |
KarlTom: Stopeet!  Okay ooo. My apologies |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:03pm On Jun 09 |
EDUECO: FCMB has done the right thing by declaring something(35 Kobo) as dividend.
I bought FCMB for less than ₦3 around 2010 or 2011.
35 Kobo dividend is more than 100 percent dividend yield for me😁 Wow! You have been scarce since Access Bank did a no show. Is FCMB the new bride now, or just a consolation? At all at all na him bad! |
Foreign Affairs › Re: Iran Launches Missile Attack On Israel by mikeapollo: 11:41am On Jun 09 |
AfonjaPriest: They should introduce a course in higher studies to study how Iran faced two superpowers simultaneously without blinking. Now we know Israel is overrated. And that America thrives on the backs of allies. Go and ask Ayatollah Khomenei, Ali Larijani and other Iranian military generals in their graves to tell you about how Israel is ''overrated''. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:36am On Jun 09 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:47am On Jun 09 |
Umehj88: E be like I quick jump out of this bus ooo You want to jump in again on high speed? Remember ''molue'' skills? |
Travel › Re: SA Woman Relocates To Nigeria With Husband As Anti-immigration Tension Grows by mikeapollo: 9:32am On Jun 09 |
Righteousness2: Ever since the Ramophosa led Anc government carry ISRAEL hate on their head, their ability to think properly DECLINED Disastroysly. it has been from confusion to commotion to DISASTROUS DISASTERS. The Ramophosa govt are the biggest hypocrites in the world. They are friends and happy with Russia and Putin who started waging a senseless war against Ukraine, even though Ukraine did not throw a single stone at Russia before the war started. But he and his govt are fighting Israel because Israel reacted after Hamas had attacked and killed innocent1,200 Israelis. The same hypocrites have not been able to fight for the innocent mine workers who were killed during a protest march, and have not been able to do anything to protect innocent Africans from the Xenophobic attacks, but they are quick to go to ICC because of Israel. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:44pm On Jun 08 |
Heishere: Dividend from where? Have they broken even? Alhaji said he will pay dividends in dollars. When it will start is what I am not sure of.. Pension funds, individuals, cooperatives, money bags etc are queueing up to buy the PO...the price may be crazy in the first few months |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:23pm On Jun 08 |
Heishere: DR will rally past the PO price but it will fall first. That's when we will join. Really? You expect price on the floor to fall below PO price even when people will be collecting dividends in dollars, soon after the PO? Okay ooo  |
Foreign Affairs › Re: Rumors Intensify: IRGC Commander Ahmad Vahidi Eliminated by mikeapollo: 2:52pm On Jun 08 |
HacheNoire: Like Israel will ever tell you their own losses!
If not for US senate and House investigative journalism, we wouldn’t have even confirmed that the US lost that much!
They censoring everything!
Last time they told us all missiles we’re intercepted only for Trump to confirm that, “Israel was badly hit” Why cant you rely on Iran itself to tell you how many people they eliminated in Israel and US with their senseless strikes u UAE, Qatar and neigbhouring countries? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:32pm On Jun 08*. Modified: 3:08pm On Jun 08 |
SonofElElyonRet: Should not or will not? Couple of knowledgeable people here (like you) anticipate a higher PO price This is Dangote just trying to allow his friends and associates e.g. Otedola, to buy the shares as they desire, instead of them going via IPO that may not be allotted in full to them due to oversubscription. It is not like the usual private placements whereby directors look for seed investors to provide initial capital for their operations. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:28am On Jun 08 |
SonofElElyonRet: And P.O. will be at higher price? In this instance, the PO should not cost more. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:52am On Jun 08 |
ProphetUtuocha: Oando’s current price is a steal. With huge windfall from the Iran war, folks may not see these price levels again. The soon to be released results will reveal improved trajectory. What we want to see is consistent fantastic performance. Oando will sell itself effortlessly if the results are good! |
Foreign Affairs › Re: Iran Launches Missile Attack On Israel by mikeapollo: 9:59am On Jun 08 |
dermmy: Is Trump now tired of fighting? What happened to "peace through strength"?. Na you start am now you no fit finish am. You never see anything. Trump's biggest headache is the economic impact of the war(price of crude oil) and how it may affect Americans and his political fortunes. So the price of oil is his biggest worry. Otherwise, Iran would be levelled in a couple of weeks! Imagine if Trump had bombed and destroyed the all bridges and power plants in Iran before Iran appealed and ''begged'' by sending women and children to form human shield around the installations? You ever think Iran can withstand the full fire power of the US and Israel? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:28pm On Jun 03 |
ositadima1: A man locked ₦194 million in PiggyVest to earn ₦100,000 daily. Is this clever or dumb?  That is about 18.8% simple interest rate (365 days) It could have been better if placed on continuous or daily compounding. And safety of capital is key! |
Sports › Re: World Cup 2026 : Who Is Your Top 4 Favorites To Win? by mikeapollo: 11:58am On Jun 03 |
JohnBabatunde14: World cup 2026 is 9 days away! Who is your top four favorites to win?
I don't know about you guys, but I'm seriously excited for this tournament. There's just something special about seeing the world's biggest stars and strongest national teams battle it out on football's biggest stage.
Who are my top four to win? Especially after the Super Eagles denied us that once-in-four-years opportunity, I go drop am for comment section. Meanwhile, tell us who you want make e win am.
Drop your: *Match predictions *Favorite country *Dark horse team *Best player predictions *Match Analysis
Will one of the Argentina lift the trophy again, or are we about to witness a surprise champion? Drop your predictions, let's see who gets the bragging rights when the tournament is over.
For matchday discussions, live football updates, featured matches, watch parties, fan reactions, and other football content throughout the tournament, visit msport.com and also follow MSport on YouTube to join the conversation with fellow football fans Why are the Super Eagles of Nigeria omitted? I think the NFA petitioned FIFFA to disqualify DRC and include them in the world cup as respect for their ''entitlement'' to be at the world cup at all costs, even if they did not qualify or merit it on the field of play? Sour losers! |