₦airaland Forum

mikeapollo:
You think so? Otedola is buying $100m of the IPO because of the limited value or stake being offered to the public by Alhaji..
He is still coming to mop up more shares on the floor after listing. These are the people that will drive the price up.

Exactly, With all the institutional interest in Dangote refinery the shares is capable of doing 3x in price appreciation within one year of listing BC most institutional investors will depend on the floor to get close to the quantity they need.

Big Money Is Not Emotional. Look At This: They are the largest pension fund in Africa. They are owned by the South African Government. They represent 1.2 Million South Africans who invested in the Pension Fund. They are Going to Invest in Dangote Refinery.
Dangote is planning a cross border IPO. They want to list Dangote Refinery in multiple African Exchanges. Everyone is positioning. The big players are making big moves. The South African Government sent delegates to Nigeria to meet Dangote as a show of interest. They didn’t check social media to see if you and I approve this move. No. At the top, Big Money Moves With Data, not Emotions. There is NO DEMOCRACY IN BUSINESS. Your opinion doesn’t matter here.

And let me leak this secret: DANGOTE CEMENT is partly owned by the South African Government through the same Pension Fund. The Chinese Government also has huge interest in Dangote Cement.

When next you think about Nigeria-South Africa Relations, do not worry about Social Media sentiments. Observe how their Big Funds and Big Money are moving. Follow their Big Players.
Recently, a Nigerian Billionaire, Bayo Ogunlesi committed to invest $500 Million in South Africa. President Ramaphosa hosted him. Social media screamed “let him invest that money in Nigeria”. Big Money doesn’t check social media. Today, South African Pension Funds are doing the same in Nigeria.

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SonofElElyonRet:
You mean the price can't be more than $1 per share?

Yes I guess so

Otedollar positioning for a huge stake in the king of moat.

This should get at least 100m units , shares Na water

Was this empty message enough to put Zichis on full bid? Tells alot about the type of investors on NGX

Who is still doing burden in the name of girlfriend

Make everyone go and hustle & take themselves wherever they want, I am not taking anyone anywhere

One thing I love about presco is that there is always investors waiting to take up any small dip immediately.

I have been on Queue for 2 weeks trying to top up my holding at SP of 2150. Yesterday something said I should increase to 2200 and buy instead of dragging price but I refused.

Behold it happen that someone dropped some units probably at market price and I took at my price though it dropped to 2100 which didn't stay up to 5 minutes before going back up to above 2250 n closing at 2300 as usual.

Quality growth stock, it sustains any capital gain it records

KarlTom:
Added more ARADEL @1758

Next bus stop for Aradel is 2500 by October

deathwing:
Aradel trading at 1750.

When are we expecting Aradel Q1 earning report and final dividend.

I am holding for at least 3 years, hopefully it touches 5k before then especially with the coming of Dangote refinery

deathwing:
TIP on full offer. Bad for my portfolio but great for the market! The world is healing.

Smart investors are offloading before the listing of RI gotten at 7 and PO gotten at 9.5 drags price to below 20 . The actual price won't be known until after full listing.

emmanuelewumi:
Reason why such stocks are aggressively marketed here. The reason is to create liquidity for them

Lol You no go allow traders to sell market?

Boss, Keep up the good job of sharing your stock knowledge free of charge here.

Your type is rare.

An average biz person in Nigeria usually want to exploit the ignorance of others in business to make money and they call it business secret.

Thank God you are here to expose all.

IyaTola:
Someone here said we should sell aradel as the introduction of dangote Refinery would affect some stocks in the oil industry.

May be for the duration of the IPO as some people take profits to invest in Dangote refinery but if you are in Aradel for long term minimum of 3 years you will be glad you stayed.

As Dangote refinery is listed and it flies up, it will drag Aradel up too. More like sector repricing. My opinion

nosa2:
I have a feeling the refinery IPO will end the bull run

Certainly it will lead to serious market pull back , everyone will want to buy the king of moat

June - July, interesting days ahead , some people are already taking profits and moving to fixed income in preparation

I feel the coming on board of the biggest masquerade in Africa, the Dangote refinery IPO when successful will help drag Aradel up faster within 3 to 5 years.

Aradel & Zenith Bank will be impacted positively by the king of moat. Dangote refinery

I have received NAHCO dividend but I have not seen the bonus share, was it not supposed to drop today too?

handsomebolanle:
I think there will be a sell pressure… until an equilibrium is reached

Exactly that is why I see people rushing to buy now as missing the expected price dip after listing. But they should be fine if holding for long term

More so as most investors of TIP PO has made over 3x already

Wow I can't wait it has done 3.5x already from 9.5 PO . Some PO Na goldmine,

TIP will make alot of smart investors multi millionaires

Latest by 14th June it's listed

This stock will shut down Ngx.

Be prepared

TIP should list their PO on NGX I want to check something as it is racing to 50.

Imagine something sold for 9.5 PO this January, so someone that bought 1m units @ 9.5m may have made 50m or 41.5m profit just like that by the time it's listed hmmm. Money is easy to make if you have capital and smart.

If this is sustained TIP may even touch 100 in less than 2 years

ghm:
I am rebalancing my portfolio to have fewer stocks, I decided to remove some companies that are overlapped in banking and insurance sectors and keep only the leaders (e.g. GTCO, ZIB, AIICO etc.) in the sector. Which of these 11 do you advise I should keep.

1. Africa Prudential
2. ASO Savings
3. Industrial & Medical Gases
4. Legend Internet
5. Regalins
6. Royal Exchange
7. Veritas Kapital
8. Sovereign Trust
9. Fidelity Bank
10. FCMB
11. Sterling Bank

Thanks.

Educate yourself more on stock investment, there is nothing to keep here in my opinion

DanOkonkwo:
This is my opinion regarding this matter,going to eat at funerals is not appropriate. A place of funeral is not a place of celebration or feasting but a place of solemnity but unfortunately some persons or most cultures has made it a must that food of assorted kinds must be prepared and people MUST eat.
I think that this part of our culture must be looked into, because I cannot imagine a family that is struggling to make ends meet still mandated to go through hell to provide a big burial where food must be cooked and served, just to bury a loved one.
There are even some that even go about in the community looking for funerals ceremony just to find where to eat and even go with extra.
Well if a man has the money to spend lavishly or call the community to feast in a burial, it's up to him but this should not be a rule.

What do you think?

It should be optional especially for a struggling family but some culture will still force them to borrow or postpone the burial ceremony. Its a show off thing now in Igbo land, people kill several cows so that they will be held in high esteem for giving their loved ones "a befiiting burial". its okay if one is wealthy but should be optional for the poor, though no one will agree they are poor.

nairavsdollars:
If you have MTN shares, quickly sell. Oshiomhole just said on Arise tv that nationalization will happen

Funny, MTN is not going anywhere, do you know their contributions to Nigeria's economy?

You do not hit your balls to kill mosquito that is on it, it is handled with wisdom otherwise you create a bigger problem

better go and look for what you can do for yourself by yourself.

ClassicEvilSpir:
Several times, I've watched videos where the woman (or man) would describe how they are facing poverty with their children, how they can't even find a place to stay because they can't afford it, yet proceed to have even more kids.

I am a student, I make good money (Nigerian standard), yet I can't imagine caring for 1 child with my finances. However, people who earn less than one tenth of my monthly profit continue to have kids.

What is the mindset behind this?

They are usually their only escape plan from poverty , the ignorant believe is that if one no make am another go make am when the children are plenty. This is without training any properly

mikeapollo:
Dangote should let Nigerians enjoy his companies na? I dont understand this new fashion of taking everything to the outside world. We are ready to buy his shares fully in Nigeria.

I am only interested in Dangote refinery and ready to buy it's IPO as soon as it is on offer

Itzlinda:
Dangcem at full bid

They want to list on foreign exchange

Bleeding season gradually loading hopefully I can see Aradel to load more below 1500.

2000 happened too fast

Zenith below or around 100 is possible before July.

Presco below 2000

NAHCO around 180
TIP around 20
The excitement season gives way

I am waiting to strike

LordLicifer:
Poverty mentality, even my 14 years old son could afford these things.

It only makes sense if you can afford them without working, that is you have accumulated investments producing income to afford them.

Alcohol

And if you do anyhow and the can needs engine or gear replacement. Or there is an accident that is enough to park it for 1year if you are not financially strong .

Fuel and oil change costs are now beyond an average man's capacity even for corolla

An eye for an eye will make the world go blind but SA govt is indirectly supporting the barbaric actions of its citizens.

It is also concerning that a South African Company is number 1 in Nigeria in mobile communication yet they feel we are useless to them.

They are here making a kill while they won't allow our people earn pea nuts in SA

I hope you know how this concerns you as an investor in MTN.

debeey87:
Those are the types of elected representatives you have. Withdraw license of a company that employs Nigerians in Nigeria and has no ties to the rogbodiyan in SA.

I believe there should be a better approach to the crisis than an eye for an eye approach.