₦airaland Forum

Streetinvestor2:
Some of this big name for an industry they annoying How can nnfm way I buy for #9 come jam the big for nothing flour mill at #30 plus come still over take join.I don vex sell the yeye flour mill to move my fund to alhaji. Nobi to get subsidiary full everywhere after the group result go be rubbish

yMcy56:
MECURE is pure insider manipulations....
Correction will still take place by the time it goes round.....

Meanwhile, there's quite a lot of accumulations and cross deals in TRANSCORP, closed @6.83
Also, from tomorrow, Neimeth should be good for pick.for bargainers......some guys were rushing it last week and it went above 2.40, could be that there's some news who knows...

Locotrader:
Mecure can't be rising and Neimeth remains stagnant.

Same with Fidelity rising without Fcmb following up.
Stocks and sectors where they belong goes hand in hand

ProphetUtuocha:
Thrash! Rather than being a negative, it's inadvertently positive to Oando shareholders. Being close to the government in power is afterall a plus for us!

phadriz:
Below thread is exposed information on Oando:

https://x.com/jacksonpbn/status/1725482936261054629?s=20[/quote]Be carefull with information from Jackson Ude

yMcy56:
It wasn't available since day one that it was listed

megawealth01:
For those that will take my advice in trading... Once a stock reaches 10% just forget it... Don't buy especially if it's gambles... Always buy it before the rally by so doing you won't be trapped

emmanuelewumi:
We are getting close to 18% for long dated bonds

megawealth01:
TRUE... I bought them from NASD...

I think they will list on NGX soon

Yoast:
@Mcy and other experts in the house, if someone has a particular stock with 2 different stock broking firm, do you need to fill E-dividend forms with the 2 stock broking firm to get your full dividends for the total quantity of shares or can filling with just one of the stock broking firm serve

yMcy56:
MECURE
MECURE Industries listed on the "Growth" section of the NGX.
Listing price: N2.96k

emmanuelewumi:
Sugar per capita consumption in the north is the highest in the country, the products are also taken to neighbouring countries like Niger, Mali etc through the North

yMcy56:
How much did Courtville eventually pay?
The initial buyout price was 0.48k.........and the suspension price was 0.60k.
Reason I asked.

lolaluv1:
What did courteville pay for?

megawealth01:
AccessBank and Courtville has given me baddest CREDIT ALERTS this morning... My head ooooooi

unite4real:
This is not same thing as published.

It's 12 NASCON = 11 SUGAR(FOOD)

Maybe I am mistaken

Mpeace:
Why is dangsugar going up while nascon keep coming down

essentialone:
Please, I really need a step by step guide on how to go about this

Locotrader:
You hate someone and your eyes is always on the person.What kind of hatred is that?Why not tell us you like him and want to imitate him.......

If oando is a bad investment, simply jump it an pass and never tell us about it.

Investors and Traders can't have same mindset till Christ comes

KayOn1:
Good morning all,
Please any update on UBN delisting at N7 or has the idea been abandoned?

Thank you

Divoc19:
Moh Bad means I am very good in Nigerian street/music language. I don't understand how people who don't have idea of issues will always want to drag victims.

How about Falz the Badth Guy, he evil too?

We have other street skags like Mad, gba good. What does Tunde Bakare Knows apart from the physical bible

PETERiCHY:
We made it CLEAR from ONSET that UBA is strictly for DIVIDEND purpose while OANDO is for GAMBLING purpose.

BARGAIN HUNTERS TAKE NOTE!

Mpeace:
You get mind put oando and fundamentals for the same sentence.

ojesymsym:
No, I don't think so. He is talking about the general psychology of entering and exiting a share cycle. You know all those questions of "is this a good price to buy or a sell". The analysis paralysis kind of thing when you are not sure if you should wait a little longer or pull the trigger.

customstreet:
Rumors has it that Bonus is on the way

Please do you own research or seek for additional rumor that will confirm this

essentialone:
INDEPENDENT AUDITOR RAISES CONCERN AS OANDO SINKS FURTHER INTO DEBTS

BDO Professional Services Chartered Accountants, the independent auditor of Oando Plc, has expressed worries over the company’s ability to continue as a going concern.
The company’s liabilities have again exceeded its assets, the auditor said.
The auditor raised its red flag in Oando’s audited annual reports and consolidated financial statements for the year ended December 31, 2021, released on Monday, September 18. It disclosed that the company’s current liabilities exceeded its assets by N237.8 billion, as it reported net current liabilities of N202.4 billion in 2020.
The company also reported net liabilities of N202.2 billion from N174.1 billion in 2020 and a total comprehensive loss of N28.12 billion from N45.31 billion in 2020.
According to financial analysts, when current liabilities exceed current assets, the current ratio will be less than one. In that situation, the company might have problems meeting its short-term obligations. A further look at the audited report showed that the group delivered a sign of recovery, posting a total comprehensive income of N30.6 billion in 2021 from a N132.8 billion loss in 2020.
However, the group’s current liabilities exceeded current assets by N674.8 billion from net current liabilities of N578.2 billion in 2020. The company also reported net liabilities of N129 billion from N67.7 billion in 2020...

onegentleguy:
Was told that CHAMS is now trading for N1.33.
Well, am not surprised at all after holding up against sell pressure at that strong support zone of btw 83-90k
Will still break it's YtD high of N1.39 and drive on periods of HH and HL to YE, 2023.

The GMD, Mrs Mayowa Olaniyan was recently quoted as saying that; CHAMS plans to deliver triple digit YoY growth in 2023 during the NGX presentation of the firm’s H1, 2023 report.

CHAMS will go places in the mid to long term!
I remember repeatedly highlighting the inherent potential in the coy at the time it was trading for just 20k.
...it has since delivered over 560% ROI!

Can it do more? Absolutely!

That coy has loads of potential yet 'untapped'.
I did highlight many of them in the past.
N1.8--N2 is possible in view of current happenings in the company.

Congratulations to those who bought then.
To the guy I advised to hold his stake after offering to sell it to me (even at a discount from 20k), you are yet to pay your tithe oo!
Pls do so, so the ministry can continue to move forward.

CAVEAT: NOT an investment advice. The need for due diligence should still take higher precedence ahead of this post.

yMcy56:
Lol. Chams have been noised here since when it was selling @30k and below nah.
Something is happening there, if you see buy some, if you're a risk taker.........it's currently on full bid

Pick some Transcorp too........and I've been mentioning it that they're crossing it here and preventing the price from going up.....the moves there were suspicious.

Pls do your DD if you know how to do it.