₦airaland Forum

Get your money ready to pack shares its about to go down. 525 could become 2000 in 2yrs.

Aradel @ 1500
Dangote refinery @ 525 what are you seeing

Africa’s richest man, Aliko Dangote said that the long-anticipated initial public offering (IPO) for the continent's largest oil facility—the Dangote Refinery will open on September 14.

The stock will be offered at N525 per share, he said on a recent television show. Dangote Refinery aims to raise approximately $5 billion from the blockbuster offering on the Nigerian Exchange Limited (NGX), before a planned London Stock Exchange secondary listing in three years time...

Pete002:
still waiting....

Same here

TIP pay us our dividend now

Suya are mainly sick and dead animals they bought cheap

who has received TIP dividend for today or does it want to land in the mid night like a thief?

Free things can put you problem especially the ones gotten via exploitation

Otedola increases First HoldCo stake with fresh N12.58 billion share acquisition

Chairman of First HoldCo Plc, Femi Otedola, has increased his stake in the financial services group following the acquisition of an additional 95.7 million ordinary shares valued at N12.58 billion.

The transaction was disclosed in a regulatory filing submitted to the Nigerian Exchange (NGX) on Monday and signed by the Group Company Secretary, Abiola Baruwa.

According to the filing, the shares were acquired through Calvados Global Services Limited, Otedola’s investment vehicle.

nairametrics

Otedollar the top striker with another strike

Otedollar is not stopping until it hits 250, if you have first bank shares esp up to 100k units and bought below 100, you don't know how lucky you are.

Who will show Zenith this type of love

Another over 138m units at above 131 acquired

jonnysessy:
I can't believe this .FBNH had overtaken my Zenith Bank.

It is almost rubbing shoulders with GTCO.

Can anyone explain to me in simple plain language what is happening. This because I just can't comprehend.

Too much money entering the stock at the same time , if this continues it will touch 150 soon. Once the whales leave the market it will crash back unless they offer fantastic dividend to sustain it which the dividend policy is already pointing to.

Otedollar and first bank is a classical example of follow the money 💰.

when a dollar billionaires enters a stock and start accumulating there is no way the share price won't skyrocket.

Whether it is sustainable is another ball game but this is for sharp traders to make easy money.

First Bank will surely top all banking stock in Nigeria sooner than later. From 35 to 130 in one year.

The good news is that it will drag my darling Zenith as it flies.

Yet to receive NAHCO bonus shares in my portfolio, anyone in this shoe?

deathwing:
No please. We are still accumulating. If e crash below my cost basis of 750, I still no go mind. I need to keep buying for another year or so. Wetin I wan use the 1000 price do?

MTN is long term hold for me and for anyone holding for up to 5 years when it should be paying above 100 dividend, buying at any price below 1000 is good as it should be above 3500 by then.

This is the kind of dividend I expect from PRESCO wetin be 10

For those still doubting MTN this is just the beginning.

No company on ngx makes money from almost every Nigerian like MTN data n calls.

It will now go above 1000

For those still doubting MTN this is just the beginning

FirstHoldCo Plc has approved a policy to distribute a minimum of 60% of Group Profit After Tax as annual dividends, subject to regulatory approvals. Its H1 2026 results also showed strong growth in gross earnings, operating income, and profit before tax.

Source: NGX website

Why should regulators allow a company to declare a dividend without pay date and while that is unresolved and paid it has declared an interim dividend.

Is this not a malpractice from PRESCO.

Which other decent company does this on NGX?

Presco needs to be serious with its dividend policy and execution.

Meanwhile waiting for Aradel to drop today.

You have someone to pay your bills, give you children and raise same for you

chimex38:
No be you predict say Zenith go soon fly after you buy @110? You even attach screenshot join.

Nobody is predicting/forecasting any dip in this market for now.

The market is just on-eee-own

Yes ooo that was my first tranch when i thought i have seen its bottom and almost gave up on my prediction in APRIL which is now coming to pass The market has a mind of its own sha

Raider76:
If you are still holding a fundamentally sound stock you only lose if you sell. If you don't sell you will only lose time.

SELL kee when i want to buy more, its a marathon, Na 5 yrs holding period with patient fund.

TIP gradually coming back home, we should hit sub 20 before long

ZENITH will certainly stay below 100 tomorrow, already touched 99.70 today, when i predicted it in April many people laughed it off, the way it is going even sub 90 is possible.

let me get ready to take a second tranch of Zenith as i continue to observe the dip getting dipper, dippest

Except an institutional investors or HNI enters the market this is far from over. The confidence in the market is LOW because of too many ignorant investors doing herds mentality .

What is all these talks about interim dividend in July thought it's usually around October -November

isaacosas01:
We are in the “last to sell na Mumu” territory!

Everyone is selling!

There is real actual fear in the market, especially as fundamental stocks like MTN, WAPCO are dumping.

Retail investors who just joined the market in the last 1 year are literally running as they see their money burn. HNI and institution are reallocating their portfolio.

My advise if you haven’t sold, it might be too late but then maybe we can go another 20% down and u would be a grateful u sold now.

NGX is raining blood, take shelter!

Half year result will end all these

I had to load some Zenith @ 110 before the discount season ends.

The discount season will end soon as we start looking forward to the half year earning reports.

Stockhunter:
History teaches us that when a ruler is seen as invincible or too powerful, they usually dont end well. Though momentarily they get all they want.

Only possible in an untenured regime or if Tinubu tries seeking 3rd term.

The constitution of Nigeria makes the president a demi-god, the powers given to him is insane. Imagine a constitution that allows the president to appoint INEC chairman, it's like being a judge in your own case. He decides who becomes the senate President and speaker neutralising any check on him.

It's only old age and ill health that may stop him but a Boko haram VP will be worse as president.

What is TIP still doing at 26.7. It should come down to sub 20 let me check something

Another bloody day in the market. Aradel doing another -10%

Holding long term is not for the weak

I watched my NAHCO move from 254 to 133 Aradel from 2000 to 1275 lol but I am still in profit in both. Aradel needs to go below 600 before I start losing and NAHCO 98 before I see red. Just losing unrealised profits

Took some profits in Aradel at 1680 and moved to MTN n Zenith sometimes ago sha

IVF, Science has advanced beyond anyone with money waiting that long except if ignorant or broke

megawealth01:
I didn't mention Obi in this discussion. Must Obi be mentioned in all about this 2027?

Lol Obi is a major challenger to Tinubu in 2027, we can't talk about 2027 without mentioning Obi.

Obi actually won 2023 election but his lack of capacity to defend his votes exposed his weakness as a candidate. He is too gentle for Nigerian politics and can never be declared president, he is too afraid of prison. A man should suffer and die for what he believes in like Nnamdi Kanu, Sowore, Abiola etc

Courage is tooooooo important in a man

Imagine that Tinubu was able to still rig 2023 when he was not president and Buhari working against him via naira note change.

Now he is fully in charge lol

megawealth01:
Are you saying that jagaban don't care about the international community too since NAIJA no get levels again in your own words?

Tinubu is ready to snatch it, kill if needed and run with it, winning is all that matters to him and for him he will do anything to retain power.

The odds are heavily on his side and he has all it takes.

What is the international community doing about the daily killing of school children and teachers in Nigeria?

Obi is like a student who thinks he is intelligent because he came first in a village school of dull students. Again Obi can't defend his votes even if he wins but rigged out, he is too gentle, so it's pointless.

Streetinvestor2:
I doubt if Wapco can easily go below #300 and stay.
I don't lie to myself because I be street. The 2027 election is not an election I forsee going down peaceful in nigeria. The opposition are not going to play gentle like they played in 2023.So political uncertainty can trigger anything on nse

2027 election has already been won by Tinubu, there is no opposition in Nigeria. The only thing unclear is who will come second.

A man that controls court, INEC, thugs, police, CBN, Army, navy, civil defence, all armed forces and with a do or die mindset can't lose election in Nigeria especially when he is not a coward like Jonathan or people pleaser like obi . He will rig it and nothing will happen. Everyone will move on.

megawealth01:
I be INVESTORTRADER

really

Just like some people are just shareholders not investors.

Shareholders will just marry a stock because it's cheap, buying and buying hoping that it will magically increase in price even when the fundamentals are getting worse. The more they buy the more price gets lower and the tighter they hold. Shareholders

megawealth01:
You never really study the game be that na

I won't say more than this

As a trader you may not relate, it's strictly from an investors mindset.

Trading and investing require different skill sets