₦airaland Forum

KarlTom:
Gain don move from 115% to 95%

God abeg o

Make one big boy drop AFS make market shake bodi small

By tomorrow, UCAP, DangSugar and others will drop their result. But banks will be from third week of March. Personally, I don't see the bear lasting 3 days.

African Proverb:

"A wise man can learn more from a foolish question than a fool can learn from a wise answer!"

yMcy56:
You don come with your vawulence again....
No gree for anybody.


Meanwhile, there's a lot of Cross Deals ongoing in TRANSCORP @13......
Anyone wey get this, make you no quick to press sell button o.....those guys may be after something....

Good observation. You are indeed the IYOLOJA GENERAL of NSEMPA.

KarlTom:
You want to start violence...

My dear Mr Ding The bear period is the time for vawulence in NSEMPA

We no dey gree for anybody

vacanci:
where is MTN audited result pls. i want to see that negative EPS of N100

It's Nestle, not MTN

I am very sure that more than 80% of those on this platform including myself are here to make wealth, not only for themselves but for others. For those that are here to make katakata, it's just a matter of time before they will run away. Where are the likes of youngbuffet, sboga etc

WantsandMore:
What's happening to Nestlé & mtn?

Their Audited result is bad, negative EPS of N100

The red in the market is an opportunity to buy low and not to run away o So, keep an eye on your target stock. Set your price entry and hit the buy button when you are convinced that you have bought rightly.

Very resourceful and insightful analyst on this platform like currentprice etc foresaw all these in their previous analysis but some did not take it serious and were even castigating them saying they are making noise so that they can buy lower. Oya, make una speak now.

Streetinvestor2:
This government will never allow the market to crash because it is already being declared as one of its success.

Stop deceiving yourself on the bolded statement. The NGX rose to this height base on their negative policies and not their making. Do you really think they care about the stock market? Have they being able to defend things that matter most about the economy, not to talk of the stock market.....

Meanwhile DangCement releasing their esteem clients in tranches

Krisuba:
It's like people are tired of waiting for d almighty DanFood to arrive!!

Audited financial statement of DS and NASCON is just in the next 3 days. Dangfoods consumation/processing thereafter. Patience is key.

sterlingD:
What is happening to ACCESS?I am not understanding again.l hope that next week their results will roll out

The direction and price movement of stocks in the banking sector will be known when any of the banks release its dividend payout. Their is apprehension/uncertainty if the dividend they would pay can sustain their price. Until then, all that is happening now to the prices of banking stocks are just normal reaction from market operators.

https://doclib.ngxgroup.com/Financial_NewsDocs/40365_ARBICO_PLC.-_NOTICES_OF_EXTRA-ORDINARY_GENERAL_MEETING_(EGM)_-__EXTRA-ORDINARY_GENERAL_MEETING_(EGM)_FEBRUARY_2024.pdf

Arbico Plc want to delist from NGX

yMcy56:
DANGSUGAR
From observation, it seems Sugar is already pricing in the result, after release of result, it might not have much impact on the share price again....

NASCON also maintaining share price range because insiders already seen the result....

Generally, market looks down........no news, no result, no updates yet.......once results starts coming in, we may experience a better outlook......just an opinion.

Some results are expected by Feb ending.....

On point in all that you said. Sugar result may not be that good mainly due to forex loss, even though it may not be that huge like the breweries. And again we can see clearly what forex loss did to the account of flourmill, cadbury and others

Market dancing sideways like a village bride relocating to the city. It may continue like this until declaration of audited results and dividend by companies from February 27th upward.

.

vacanci:
Nigerian stock market has its own mind. A bad annual report does not make the prices go down by intuition.

You think those already buying Dangote Sugar are not aware that the result will be bad?

Why did Cadbury price go up after a very poor result.
UACN posted a fantastic result and price refuse to move up, rather it went down.
FCMB with fantastic result and price is down

I have learnt to look in the long run

You have good points though. But a bad result when released, will definitely have impact on a stock no matter how little. Recall that the price of DS went down for about 2 days when they released bad Q3 before picking up again. The cadbury you referenced went down for some days also before picking up again. I also see DS result going down for 2 days after they release their Q4. By then I will buy the large chunk I want to buy. However, these are all postulations. As you say, the market has a voice of its own.

Tpharell:
Seplat!

Call MPeace. He is a director in Seplat

The "oniduro" driving Dangcement (Otes) has left the passenger to their fate. For over 2 weeks now, the exit door has been so tiny

yMcy56:
- Not too quick to call anyone a fo.o.l for his choice of investment........ people have various reasons for investing in a particular equity....
- Used to amaze me how some people here always thinks their own philosophy and idea about this market or a particular stock is the right one or the best.....
- Do you know if it's a director buying on the floor?
- Hope you know Thomas Wyatt declared a bonus which must have been marked down?

Well said. For the purpose of education, so many people don't know the numerous benefits accrue from being a director or majority shareholder in a company. Some of these includes the power to influence the choice of contractors supplying goods to the company, power to appoint people into juicy positions in the company etc. Why do you think Tony quickly fend off Otedola from transcorp. Same reason Jim Ovia, Otedola and others have been busy acquiring the shares of their various banks in every slight opportunity in order to have controlling power in their banks.

for the market makers in charge of Ellah Lakes, una well done o. I see una hands. Over 3 million units bought at N3.10 and yet they did not allow the price to go down by buying in tranches less than 99,000 units on each occasion.

KarlTom:
DS and NASCON paid 150k and 200k last year resp.
From the 2023 Q3 results, I don't think FX losses would affect either of them.
DS AFS is usually boosted by Q4 results...

For 2023 dv, I project at least 400k from NASCON and 180k from DS...

You have a good point on DS and I agree with you, taking into consideration that Alhaji has always been good to shareholders. He can even pay dividend from retained earnings. However, I am only saying my opinion based on the negative -N2.22 eps Q3 of 2023 as against positive N2.04 eps Q3 of 2022. So, I don't want to raise my expectation too high on DS dividend payment.

On NASCON, the company has a robust eps of over N5 in Q3 2023. So, I expect good dividend from NASCON. Let's not forget that NASCON paid interim of N1 in September last year.

Streetinvestor2:
The kind hunger wey dey street as a result of no cash and inflation nobi here.The thing don dey show face for nse.The hope for now na dividend paying stocks oh.Alhaji I hope you go drop dividend for sugar matter even if na #2 make we take hold side

DS result may not be that good compare to previous AFS due to foreign exchange loss. If at all DS will pay dividend, it may not be more than 50k. However, NASCON may pay not less than N1.50k dividend.

PuristForest:
does anyone know what this means when you try to set a limit order for #omatek in morgancapital

Simply means that the company OMATEK is currently going through some restructuring probably in their business model. Just to inform you of the present state of the company.

yMcy56:
By the time someone is even posting positive things that can benefit some others, na so people like you go dey dwell in the past.

Did anyone tell you I have any beef or issue with Pa Emma?
If you yourself made some posts that turns out to be positive, you'll be happy and glad to showcase it nah.......besides, anyone that made predictions and ut comes to pass, I'm always happy to reference it as well.

If you want to post the ones that went negative, you're very free to do that.

Pa Emma is my boss and will remain so as far as this forum is concerned.........more reason you didn't see me reply @currentprice, he's my boss and well respected by me. So also my other bosses.

You are not getting it my dear. You are someone that doesn't like quarrel, but atimes by commission or omission, you always look for it. Why dishing out someone's post when you already know the conversation is not in that person's favour. My reply may sound negative to you but you will be happier if you keep to it. I closed this chapter to face the market. Have a nice day.

yMcy56:
Wish I can fish out my response to Pa. Emma on GEREGU when it was listed and is trading @100 or so......only thing is that, at the current price, it could trap fund for many days if the buyers didn't come to market.

Learn to move on... Emma is not a perfect man or a prophet, he is simply saying his opinion on stocks from his own point of view. If the same Geregu is doing N20 now, will you fish out your response? In addition, will you be happy if people start fishing out some of your response that went negative? You have been good and resourceful on this platform and will be happier if you stay away from bantam.

veecovee:
Knowing all these, don't you think that MKT makers are having some skeleton in their cupboard, otherwise, why should they allow nascon's current price look more attractive in respect to the upcoming merger

Banking stocks are the ones dictating the movement of other stocks in NGX for sometime now. If banking stocks go higher, other stocks follow the trend and vice versa. I doubt if it is the works of market makers. It is just the psychology of investors pricing NASCON parri-passu with DangSugar.

ZikkyChops:
Oando Court hearing to come up again on April 17

Thanks for the update.

Interesting to note that DangSugar is being used as the benchmark to price NASCON. Another angle to it is that DangSugar may not pay any dividend for the year, while NASCON may pay around N2 as dividend.

Jaakay:
Oando, Oando, Oando, when shall I see my 400% increase? Good recover for now though

hold on to your Oando. Your target is achievable.

beejay1:
This one Loco is warning us, i am getting cold feet o.
I recall investing in a Agric investment during the covid period. What gave me confidence then was the advert the placed on major TV channels, with one of their directors coming on air to discuss about the investment. 3 years after, i have not seen my capital not to talk of interest. I hope Japaul is not the same. I hope they succeed though, as it will be a major win for Nigeria.

Sentiments favour Japaul. For the company to announce their unaudited result before other company is a new leaf. Something definitely is cooking. I have Japaul and will hold till I see the end.