₦airaland Forum

After recommending CVNA at $48 and seen it grow to $193 within a year, I find FLEX looking similar in chart pattern. It is now about to create an all time high!
It may not move as fast as CVNA but has the potential for a parabolic chart in the long term.
Total revenue for Q2 is $6.31 B, 2.35% higher compared to the previous quarter. Price-to-sales ratio is 0.53 with an Enterprise Value to EBITDA ratio of 8.46. EPS for Q2 is $0.51 Vs estimated $0.41 accounting for 23.88% surprise.

US DAY TRADE STOCK ALERT ‼️
I will be watching for opportunities to enter and exit the following stocks today:
NIXX
STAF
PIXY
BREA
TVGN
Best technique is to buy the dip when they bottom out and on their way up.
Keep an eye on volume/activity.
Keep tabs here as we explore and share others that may spring up in the course of the day.
Keep it simple, and don’t chase.
NB: STRICTLY DAY TRADES
Market opens in 20 minutes.

emmaodet:
Please, which broker did you use to get their shares?

I use Atlass Portfolios and Morgan Capital.
It’s listed on the Equities Board of the NGX so it’s available for all licensed brokers to trade.

I recently likened Aradel’s management integrity with that of NIDF in the manner they create shareholder value and try to increase dividend payout to shareholders.
Well, they seem to be proving me right small, small.
Q3 quarterly dividend of N5.09/share has been announced.
The highest payout so far!
We will still chop another one in 3 months time.
Dividend aristocrats don’t fail to keep this in your portfolio.

Dangote Sugar full bid!!!

Xidget:
Even Sukuk that was supposed to drop on 13th Oct is yet to come.

Sukuk been saving lives since 1900!

US DAY TRADE STOCK ALERT ‼️
I will be watching for opportunities to enter and exit the following stocks today:
TWG
NIVF
ZENA
Keep tabs here as we explore and share others that may spring up in the course of the day.
Don’t chase.
NB; STRICTLY DAY TRADES
Market opens in 15 minutes.

godlyguy:
Don't mind oando monkey hunters anything to move their demigod property up. Result they refuse to release even the court matter secretive. What did that oga say about leopard again?

Be wise

If I was a newbie you claim to be “protecting or advising”, and you keep sounding like this endlessly, I’d be worried about the veracity of your “be wise” mantra.

yMcy56:
Sorry OakPearl
I thought it was Oga Pluto09 that asked me . 😁
We argued on Mansard when it was selling below N2, today, we all know where MANSARD is......so I don't want to go into any argument on Lasaco again. 😊
...but I won't want to discuss on LASACO now.......I've said the little I know about it in the past...
If there be any more info, I may again share.

No worries.

yMcy56:
- Ordinarily, Lasaco is not a N2 stock, think say I've said this more than once here before.
- The person talking about dilution......which dilution?
Private placement was carried out, not the common "bring your Kobo Kobo" for Right Issue......maybe it's only 2 or 3 investors that supplied the N9bn+ self.
- Also, the fund was not supposed to be there for window dressing, it's meant for business, diversification and investment.
- Hopefully, the management will make a judicious use of the fund to add value to the company and the shareholders.

**Caveat: Not any form of advice**

Please make me understand why the N9 billion will not dilute the existing OS prior to the private placement.
Was it a loan facility or equity financing?
Maybe I’m missing something.

pluto09:
We all want the naira to appreciate but we should also be realistic with our expectations.
Yes, import bills will reduced but so also is our export earnings from crude oil.

Last line very true, but this is where we need the sincerity of government by them proactively scaling up production output to fill that yawning gap in export earnings.

While analysts are downgrading PLTR, the stock hit an an all time high above $43 today!
Talk about the market having a mind of its own.

US DAY TRADE STOCK ALERT ‼️
I will be watching for opportunities to enter and exit the following stocks today:
BNZI
WW
ALTM
Keep tabs here as we explore and share others that may spring up in the course of the day.
Keep it simple, and don’t chase.
NB; STRICTLY DAY TRADES
Market opens in 15 minutes.

essentialone:
From:

https://businessday.ng/insurance/article/lasaco-assurance-set-for-n11-1bn-fresh-capital/

To:

https://punchng.com/lasaco-assurance-completes-n11-1bn-capital-raising/


Lasaco Assurance Plc’s financial strength reaffirmed by GCR Ratings
Lasaco Assurance Plc, a prominent player in the Nigerian insurance sector, has once again received a reaffirmation of its A(NG) rating and Stable Outlook from Global Credit Rating (GCR), underlining its robust financial position and resilience.
This recognition comes at a time when the company has continued to navigate economic challenges with unwavering strength.
The report by GCR has accentuated Lasaco Assurance Plc’s strong risk-adjusted capitalisation and ample liquidity, highlighting its ability to withstand market volatility and maintain financial stability.
The company’s ability to not only endure but thrive in the midst of economic uncertainties solidifies its reputation as a reliable insurance provider in Nigeria.
While the GCR report identifies areas for strategic focus, such as modest competitive position and underwriting losses, the company is actively addressing these as part of its long-term growth strategy.
By proactively focusing on these areas, Lasaco Assurance Plc is positioning itself for sustained success and further strengthening its position in the market.
Looking forward, Lasaco Assurance Plc is poised for even greater financial strength, with a finalized capital injection expected to bolster its capabilities further.
This injection will undoubtedly enhance the company’s ability to continue delivering top-tier insurance services and meet its obligations.
This reaffirmation by GCR serves as a testament to Lasaco Assurance Plc’s unwavering dedication to excellence and its pivotal role as a leading force in the Nigerian insurance landscape.
With a steadfast focus on delivering top-tier insurance services, the company remains committed to prioritising the needs of its stakeholders, including customers, staff, investors, and the broader public.




LASACO safe to Buy now?

I don’t know how they think about retail investors.
But I know we are not that dumb to see clearly that when these companies need funds, they manufacture any kind of ratings to prop up their image.
Well, I personally don’t bother myself with any company raising funds for whatever.
Reason I didn’t participate in all these bank recapitalization exercise despite having a lot as rights issue.

olig:
Please, which broker is recommended for NASD?

I also need recommendation for another good NGX broker, like MorganCapital. I need the one with live trading features.

Thank you.

You can use Atlass Portfolios Ltd.
They have the same online trading platform as Morgan Capital.
Their founder is actually a co-founder of Morgan Capital and perhaps that’s why their user interface is similar.

Both Morgan Capital and Atlass Portfolios can open a NASD account for you via email instruction to that effect.

Sunrisepebble:
Yes. How I wish I could share their business plan here. The reason why I am super bullish long run is because of that deal to acquire Shells assets. The amount of gas reserves is huge and gas is still majorly untapped in Nigeria. The Refinery will also start producing petrol hopefully in Q4 and LPG. They’re also about to complete acquisition for a new tank farm. Like I said, me I’ve made good money, enough where I can decide not to trade for years, I’ll be exiting shortly. But those that have a long term view it is a really great company

You are a good man.
For all you do sincerely here in a short time, you are appreciated, and I’m personally happy for your win in Aradel.
Enjoy your reward.

emmanuelewumi:
You can sell 50% to 75%, but I will advise you to still hold some.

Don't underestimate where a well managed , growth and cash rich company will be in 5 years.

The right offer of United Capital was 90k in 2014, those who sold at N4.00 after enjoying capital appreciation are full of regrets.

The par value of Aradel was N10 until the recent stock split which made it 50k.

What does this mean, it shows that the original N10 invested at the startup stage of the business is now worth almost N14,000, excluding dividend earned over the years.

In fact that initial N10 will earn a dividend of about N400 in the current financial year. Meaning dividend earned is 40 times the amount invested

Absolutely.
You have just reminded me of when I bought Seplat N350 and after waiting a long while, I sold around N750 thinking that was the highest height it can get to.
The rest is history.
I will not make the same error with Aradel, as long as the books remain kept clean and the management keep the faithfulness.

Coolcash1:
I completely agree with you. Dr Fatona laid a very very good foundation for the company. Him and his team were more focused on building a strong and reliable company thereby sacrificing little benefits for huge future gains. This the company has continued to build on which is now resulting in a robust liquidity and profitability. They are so liquid to the extent that banks practically chase them to take loan which they declined.

I can’t wait for their listing on the bourse for me to buy tasere units.

Can’t agree more.
They practically imbibed the principles in the book titled Built To Last.
I’m buying both on NASD and when they list soon on NGX.

emmanuelewumi:
The key word is fair and God fearing leaders.


By the way Unipetrol now Oando was far bigger than NDEP now Aradel in 1990.

It started as a small consulting firm of geologists and geophysicists. By the way the founder has a PhD in Geology, in his early 80s and now retired .

The company did not miss dividend payments in the last 20 years

That very first line is where wealth resides.
Warren Buffet once said “Honesty is a very expensive gift, don’t expect it from cheap people”.
That Aradel leadership quality is one critical litmus test we must try to find for long term stocks, irrespective of one’s short term “gambles” with any other jijo stock.
NIDF felt similar to me when they declared an extraordinary dividend from assets sold last December, effectively paying dividends 5 times in the last financial year instead of 4 times.

Goodnews!
I have searched my Trading 212 online and finally found my oil/war watchlist of many years ago.
They are already gaining handsomely.
Choose your choice:
HUSA $1.75 up 22% today
INDO $5.43 up 26% today
MXC $13.65 up 5% today
NINE $1.31 up 8% today
USEG $1.44 up 7% today

Make your choice as Israel is yet to retaliate.
These stocks are building up and running already in anticipation of that retaliation.

Mpeace:
Access just set up another subsidiary in Namibia.
Them no dey tire

These are the issues.
Endless acquisitions that always leads to fat total assets but dwarf net assets without regard for minority stakeholders.
You begin to wonder if the owners themselves are really shareholders, because other reasonable founding bank shareholders have made sure returns reflect in the form of dividends.

ALTM has amassed 40% today because Mining giant Rio Tinto is in talks to buy the New York-listed Arcadium Lithium, its latest attempt to establish a foothold in the fast-growing market for a critical mineral used to power electric cars.
ALTM now $4.33.
Looking to inch higher today!

Sunrisepebble:
Aradel gang our 1k is very possible before listing on NGX . I have a source who has been in the stock since inception, holds 12mn units post split, every time it gains 10% it’s printing 700 million for him

Nice updates.
Na so I sidon dey look Nestle at N9 thinking it was too expensive while buying Savannah Bank at N2 (though I sold before it went under), but see the difference even without factoring all the bonuses Nestle gave over the years!
Time for us to find the next Aradel on NASD or NGX.
Some of us have been long enough in this business to be talked about as we are now interestingly doing about other early birds.
It’s a challenge to all contributors on this thread:
TA
FA
SA
EA
You name it.

Oil stocks have more room to run as tension in the Middle East escalates.
Exxon shares surged 7.8% to an all time high on Friday, while Chevron climbed 3.6% due to Iran’s first missile strike on Israel.
As Israel plans to retaliate, plan to make profits from oil stocks this week. I’m still searching for cheaper candidates with greater percentage profit potentials.

megawealth01:
Anytime I visit Nigeria I'll definitely be in PH. I love the governor. Investors will soon be coming into Rivers in their droves. Congratulations today

You are most welcome.
Ishi ewu, nkwobi, Ugba, just name which delicacy.

Neon appears to be an unstoppable tech stock.
That stock is for long term but if you want to sell high and buy low you can risk the jijo ride.
After dropping 22% in the last 5 days which is understandablly due to the massive 455% gain in the last 6 months, today’s $7.66 price presents another good entry.
I am stocking up a few more.

Buy and hold Zeta.
Long term winner.
If you find it under $30, good.

ritorio68:
Great idea! Investing in the US stock market can be a great way to build wealth. It’s awesome that you’re sharing your experience with Virgin Galactic. I’m new to investing, so I’d love to learn more and get some tips from everyone here. Let’s work together and make smart investments. Looking forward to being part of this thread!

Welcome on board bro.

lancee:
OGA MI OakPearl long time ,
On same boat .. i got in again 2021 around 40 but was able to average down time to time to 18 , 25.15 & 23
Thanks to Mstr , ,pltr, nvda etc

Nice to read from you Baba Lancee.
Good to be back and hopefully, we can keep fishing out gems once again.
In fact more than ever before, we need this warning in USD. I recall when I started this thread, exchange rate was far less, I think it was around N350 to the dollar then. Today we are talking about N1,700/$!

TOP at $2.96 looks like riding beyond current intraday high of $2.99!

Tesla just tumbled from $260 to $241!
Can I tell you why?
3rd quarter report shows they delivered 462,890 vehicles as of Sept. 30, below the 466,000 EVs the company delivered in the year-ago period.
Wall Street had expected Tesla to deliver closer to 463,897, according to Bloomberg.
In my opinion, the dip is an over reaction because delivery was actually up 6.4% quarter over quarter. I will buy at $242 and watch it rise grades back to $260.