₦airaland Forum

yMcy56:
Too bad Sir 😞
With Nsempa turning into politics/football commentary thread and fast losing its purpose, another sane forum on stocks discussions such as Ngxforum would have been a better alternative, and this will be discovered over time by most people.

Your perspective is well understood but you shouldn't have quit so easily like that.......

Anyway, you've tried.
You're a winner, and a winner you'll always be. 🏆
I wish you well Sir 🎊 🎉

Let someone else who can devote more time created the alternative. I will happily support them.

Thanks for the kind words

yMcy56:
Oga Nosa2
Ngxforum.com have not been opening for the past two days now...
Was it taking down or it's certificate expiry issue sir?

I decided to stop running the forum. I created it for the community but after one year I have realized that the community is comfortable here and it just seemed unnecessary.

Thanks for the support, I really appreciate it

Streetinvestor2:
So you get target of 70 for access. They say dream's do come true. I wonder whr other banks like uba go dey then

Dey look my price target, no focus on your focus. I will sell when I feel like it and happily leave everyone holding the bag.

Streetinvestor2:
Oga nosa will like this concerning access bank..lol
Don't worry oando go do #100 nothing less this yr come rain come sunshine

We are not yet at N70 so not yet excited

crownprince2017:
Oga nosa and edueco never come join you for village, abeg let me know when they do.

Access want wunjure them..na oga nosa I dey pity pass, he collect from one bank go put head for access, I hope access never collect the gains finish.

Once you reach village make una go mark register for agba side oooo.

Agba any day I ask what is the update, just give me their names. Thanks Mr chairman

I'm down 17% on Access. That is minuscule compared to what I have made in the last 12 months.

Itzlinda:
Aradel is a very good buy circa 1000. It seems that's where the bubble started so it might likely fully unwind at that level 😂

Don't use your money to be doing kalo kalo, come and join us on the Access train

Agbalowomeri:
You sha wan follow ACCESS enter grave

Some of us are vampires and we like grave

Agbalowomeri:
Market is waiting for your entry before the next leg down The gods of the market must collect from loot

And if he doesn't enter, his watch-list will 2x in 3 weeks. The market gods are very brutal

alezzy13:
Thanks Aradel. It was nice knowing you, but finally decided to let it go, make I know wetin I gain from the few greens wey remain for my portfolio. I no fit shout

Wise man

megawealth01:
Really 😮

They know management feasts on small shareholders yet they decide to partner with them hoping that they will change. How else can I rationalize that?

megawealth01:
PETERICHY don abandon hunters

The only rationale I can give for people buying OANDO is that they have a thing for losing money

Beeron:
Access is weak and it will be weak into next week.

If I was worried about weekly price movement I would be buying tickets on bet9ja

megawealth01:
Make I dey look am as I don load wetin I fit load

I no even dey focus on market again. I have written my exam now I'm just waiting for the result

megawealth01:
I will start buying Access again from sub 20

I haven't bought any stock for days now. Although I don't think this is bears market anyways. The main bear market won't be funny if it starts

I don't see access going sub 20. Q2 is going to be very interesting

megawealth01:
ARADEL must get below 1k before I can step in depending on NGX ooooo

Access is holding strong but I'm not one to gloat.

Let's see where all the gas and refinery arguments will get

Oasisblue:
So much sell offs on the NGX. Full offers and zero bids for so many previously coveted stocks. Seplat, Aradel, DangCem, Betaglass, Berger, Julius Berger, etc.

Access Bank holding strong but what do we know

Pete002:
Access @23 last last

Oh well..... People no go buy now oh! When it touches N70 they will start setting price target of 40.

crownprince2017:
Do you know the landing cost of cpo to lagos on the average in q2? Compare it with q2 last year you will see why presco and okomu will print a very good q2.

Try to remain expert in what you understand, you see this palm business, we they follow am bumper to bumper.


This not a buy or sell advice oooo.

My view on palm oil companies in Nigeria is not based on the global market but on Nigerian government policy

megawealth01:
I dey wait for many stocks to shed weight 😲

No let world people come beat you oh!

crownprince2017:
If you really want palm oil companies this is the best time to get them cheap, what you consider as peak/boom last year has now turn to normal standards structurally, the mother of all boom in palm is coming within 6 months to 2 years.

Official declaration of elnino is not a joke
Indonesia b50 starting July 1 is also not a joke.

2027 will be very hot for cpo..



We don decide based on supplies and demand in the market but on structural thesis.

I am not really interested in palm oil companies per say. I will buy if the bloodshed becomes ridiculous but with a forward PE of about 13 we are far from that point.

deathwing:
Wait o, you guys are actually serious? Haba!

You really want random people on a faceless forum to consider your feeling when they mention outrageous prices for entry for their own preferred stocks? To what end, so the stock won’t crash or so you won’t have sleepless nights? Crazy.

I see such posts and chuckle because when they sound outrageous, I assume they are joking…and even if they weren’t, how does their chattering affect my portfolio and thesis and personal investment goals? Make Una Dey take am easy o. Honestly thought the first commenter who complained was being Tongue-in-cheek

People are vexing but the vex has not yet turned to panic so we are far from the bottom.

Where are all those "geniuses" that were arguing when I said we were at peak palm oil

mikeapollo:
I understand you now ''reside in the same quarters'' with @Agba and you both are ''flat mates''? Extend my greetings him.
I thought you guys were wishing me well, but now I know better

Very wicked somebodys

Agbalowomeri:
Allow market to go down by 30% to refuel

We might see more than 30% down oh.

I expect Access to hold N20 but some of these stocks need to shed a lot of weight

yinka2011:
i want to know if the easy kobo website shut down? i cant access it

thats a big loss if its gone ...

I spoke to the owner a few weeks ago I believe he is trying to bring it back

Agbalowomeri:
Peterichy is still living in 2014

NGX wey don decouple from oil since how many years ago. Brent nosedived from Over 120 to 60. The same period NGX ran a continuous bull for 3 years.

But were valuations this rich? This market is pricing in future and consistent growth in the real economy; anything that could potentially disrupt that would cause bloodshed.

The country's economic managers need to sit up right now

deathwing:
Any correction in you see in a Gas stock, sell your car and buy it 🤣. The future is super super bright for the naija gas sector. Aradel of 1770 will be ‘Had I Known’ by this time next year. I

Happy to watch you guys make the money

ositadima1:
You think this war is over? There is no agreement yet. Iran has its 14 points, which the United States has not agreed to. On the other hand, Trump keeps announcing a deal, lol.

Then there is Israel, which remains adamant and continues to attack Lebanon, one of Iran's key concerns. In my opinion, buy crude as it falls and be patient, because I believe it will rise again.

This war is not over yet. The U.S. may eventually try to put boots on the ground, which could result in significant casualties. Just listen to what Iran is saying, what the U.S. is saying, and what Israel is doing. That alone is enough to tell you that there is no end in sight.

So you want to argue that they will fight forever?

deathwing:
Nigerian oil companies are also becoming gas giants. Seplats Q1 results were bolstered almost entirely by the gas business since they did not benefit from the oil price windfall.

Aradel is fast scaling its gas business while trying to pump as much oil as possible.

Qatar’s NLNG almost-monopoly (20% of world total) would take years to rebuild and companies like Aradel and Seplat are ready to benefit from the scarcity and hike in international prices. NLNG just completed their train 7 and gave already positioned themselves. Whoever sees Aradel as an ‘oil company’ is not looking at the future of global energy.

This is a bull case and it is very valid.

PETERiCHY:
Go back to my POSTS during the WEEKEND..........

I started LIQUIDATING my position in OANDO last week Thursday IMMEDIATELY I DISCOVERED that OIL PRICES are CRASHING.

And every SMART TRADER knows that OIL PRICES DICTATES NGX MOVEMENT....

Will START REPOSITIONING at circa #45

Meanwhile WALE is not in HASTE to RELEASE OANDO results.

BARGAIN HUNTERS TAKE NOTE

This time may be different. I would have run for USD if not that we have Dangote Refinery, liberalized FX and downstream sector.

deathwing:
Was oil falling before the war? Was gas falling? Where will the winter come from?

You will see it on Bloomberg and CNBC in the next few weeks and months

yMcy56:
I don't see ARADEL's transactions as crashing but as earlier heavy cross deals, at least so far....
The market is still retailers market for now from my observation.....
The release of the results may change the game again.....
Q2 is almost over and they are expected to have made massive gains for Q2..
I may be wrong but results will clear things

I expect the decline in oil price to be steady and long term. And as oil price crashes the result of oil companies will keep getting worse. I am talking months and years not days or weeks. Demand supply dynamics is changing