₦airaland Forum

nosa2:
I don't understand why you guys are not screaming about the banking sector. It is grossly undervalued relative to the market and to its historical average.

Anyway I siddon dey look una.

Oga Nosa, e don tey small wey talk about the banking sector being grossly undervalued and you are correct 💯💯. I hope they heed your words then.

Like play like play, Fidelity don dey behave like thing wey drink c9mbination of energy boosting drinks. As GT Bank no shake body after that result, many don dey siddon look status.

Whichever way they see it especiallycomparing the PE levels, that sector is grossly undervalued immensely.

megawealth01:
If I will advise you. Some posts are better ignored than responded to

My Senor and Oga, I will oblige your request, Sir.

I sincerely apologise for any inconvenience my post may have caused you and other brethren on this platform. 🙏🏽

Streetinvestor2:
It is not thr fathers fault. The only problem is that thr father use to play pool and must have not heard about warren buffet...lol

You didn't need to bring my father into all this but since you did, I will share a few things about him.

My father was smart enough to send me to a primary school where Atedo Peterside's mother inlaw owned in Surulere and his beautiful wife taught me.

He was smart enough to send me to a secondary school (Federal Government College) where the current GCEO of the NGX was my bunk mate for a few years.

He was smart enough to send me through studies that ensured that some of the VFD guys were my seniors at KPMG.

He was smart enough to show me investing through visualisation of his Standard Bank of Nigeria shares which metamorphosed into First Bank PLC, Julius Berger PLC shares or is the afforts of late Engr Aret Adams through whom the family invested in the NDEP PLC.

He was smart enough to collaborate with his siblings to have a family office that allowed family members have seats on boards of companies listed on the NGX and even chair of some of them as well as set up a Trust for the extended family.

You want me to go on? You need to heal my brother. Your words are eating deep into you and take time to heal o.

You dey here dey mention Warren Buffet where my papa don learn investments from schooling abroad? How e no go sabi Warren?

One other thing, my grandfather was a foreign trianed surgeon in his days and my great grandfather was a.

I'll leave you to guess that one. 😂 😂

Post may disappear soon. 😂 😂

Streetinvestor2:
Ok,thank God you have faith in God that you guys will be fine/well.It is not easy dealing with generational curse that goes into 4th generation. Then again what God can not do..does not exist.

Oga, leave all these generational ones joor on a faceless forum. Na mind games and despite all these innuendos na zero sum game everybody dey play for this earth.

Besides, no be everybody for an individual's descendants go dey free from such. Some must misbehave and speak from their experiences based on their behaviour or attitude whichever way you see it.

There is money to be made on the floor of the NGX and all of us need to focus on such not these generational jargon you spew here.

Last, last, nobody leaves the earth with anything except becoming food and nutrients for the plants and creatures below so making an impact while here should be the ultimate.

I repeat again, may you find time to heal, my brother and I will always welcome you or even host you with open arms at your earliest convenience. 🙏🏽

BullBearMkt:
Once upon a time, a wealthy and wise father, gave his two sons, Olu and Ade, equal amounts of money to invest in the Nigeria stock market. Ade, "loves to punch numbers" to find stocks to invest in and regarded other stocks outside this as monkey hunting and gambling. Olu on the other hand, enjoy picking stocks that have large money flowing in & filter social media for news.

Olu noticed stocks that met his criteria and bought them thereby turning his given money by 500%. Ade, because of the economic situation of Nigeria, kept his money because all the stocks rising are regarded MH and gambling.

Months later, their father called them together. He praised Olu for his diligence, foresight, and courage, rewarding him with additional capital to invest. "You've multiplied what was given to you," the father said proudly, "and you shall be entrusted with even greater responsibility."

Turning to Ade, the father expressed disappointment. "You played it too safe, ignoring opportunities in fear and regarding Olu as gambler. You will lose part of your investment allowance and I will give them to Olu.

The characters and events in this story are purely fictional.

Oga BullBearMkt, this your satire don turn my belle like butterflies in my tummy. 😂 😂

BullBearMkt:
...they are fictional names and aside the names are part of my name/family name

😂😂

Streetinvestor2:
Just like you and fmly is facing pain.Dont worry God will heal you all

Don't worry my brother, we are very fine and doing well.

It's good you accepted that you're going through pain so you know your starting point.

We pray that the Lord heals you through it and for anyone having such challenges. 🙏🏽

Streetinvestor2:
Say you be who to tell me what to post or which stock to post about. Abeg commot for my post.If you are interested in ogg recommendation. You go subscribe for it.All I have decided is not to use derogative word on anyone unless the person makes the first shot

You must be really pained o, my brother. The only veil you hold is the faceless baseband of this forum though your posts speaks a lot about your pain but I hope you find the time to heal, my brother.

My people always say that "All of us cannot lie down and face the same direction". Even after sleeping facing different directions and waking up, we must all greet ourselves good morning to celebrate the success of the journey through the night.

Na money we find come this platform o! After seeing through the global financial crisis of 2007 to 2008, the second blip in 2010 to 2012 and the Covid-19 nuances in 2019 to 2020, we shouldn't be caught playing draughts when the main dons are playing chess.

💰 🏦 🏧 🤑

Streetinvestor2:
All the new monikers who showed up because of oando praise singing and other double handles have disappeared. Then on MH business it is no longer business as usual. We will not talk but make yeye call and we must react.
For most of this month till q3 results begin show face.All hope na for fundamental sound stocks. They are many in the market. It is not for jijo or quick money unless you are a trader.

Nothing much on my betnaija stock till results come out . It looks it has formed double bottom on #80

I have pleaded with you to drop this your Oando bants and rants but you still insist.

Do you know that there are several people here who own millions of units majority of which was bought Oando during Covid-19 and they even averaged up till NGN6?

Majority of the people buying Oando currently are not on this forum and are deep pockets from some top houses especially those CardinalStone boys.

For those on this forum who own Oando, word on the street is that they have sold a significant portion of theirs between NGN80 to NGN90, so leave matter for Mathias (apologies to Pa Emma).

Let us move away from the Oando distraction and move on to other low hanging fruits. FlourMills, Caverton and HoneyWell wey OGG and Mcy talked about several times a few years (even this year) ago in the past don gbe body since and a few brethren would have missed it, all because of these Oando distraction.

megawealth01:
NNPCL-Dangote Fuel Price Outrageous, Exploitative – Reps Minority Caucus

https://dailypost.ng/2024/09/17/nnpcl-dangote-fuel-price-outrageous-exploitative-reps-minority-caucus/

This is just because it is now very expensive to fund their long convoys of SUVs. 🙄

designking:
One stock picked on this forum I regretted not joining was Caverton. Somebody mentioned it on this thread when it was still very cheap and ripe for entry, I just placed it on my watchlist without investing some money on it.

This morning, I reviewed my watchlist, and I was shocked Caverton has done over 80%.

Those who dropped the update on Caverton PLC would have done so again several times but some persons would call them MH.

The annoying part regarding all these acts of trolls is that persons laced with loquacious and verbose tribalism have gradually found their way into the forum trying to decimate the decorum we enjoy herein.

Such verbose actions need to be stopped. Na money we find come here and may God bless our hustle.

emmanuelewumi:
Leave matter for Mathias. You are sounding like a broken record.


Chill till the result is out.

Although I don't expect much as per the negative shareholders fund or insolvency status of the business business for the next 2 years and above

Many thanks Sir for your words of wisdom laced with experience and understanding 🙏🏽. I hope they adhere to it, take time to reflect, and seek to learn to do better next time. There will always be opportunities in the market.

For anyone buying Oando at this current price, they should know that they are taking a very big risk prior to more information or news being out, which should enable them to guage the proposed trajectory of the stock.

However, trolling people not to buy when it was NGN2 to NGN5 when arguments were on about the proposed delisting action would not be palatable today on the lips and tongues of anybody who missed out from those opportunities.

Even at the price of NGN40, the regret of missing out would be a hard pill to swallow today for those who missed the bus. They should just note that another bus will always be on it's way even if there is scarcity of the energy required to fuel it.

Sunrisepebble:
If they like let them say life does not revolve around me again. I’ve given the full gist to the best of my ability. I have more info to come this week. This one is for a penny stock (<#5), still trying to get the full gist and doing my DD. But before I’m called a MH, I admittedly do not have a single horse in the race unlike FMN and Aradel where I have many horses.

My brother, na man you be and nobody fit call you any funny name for here.

In addition to this, you don really try o but try to develop a thick skin to the negative nuances some people exhibit on the platform.

As for you o my brother, na proper salute you need and I don throw you one. 🫡

Believe me when I say that many are grateful for your contributions to this platform. 🙏🏽

vacanci:
In Nigeria, the stock market closed 24 hours ago.

Which time zone are you in?

Timezone doesn't matter my dear because you can still put in the bid on Tuesday morning na. 😂

vacanci:
Is this how the market will close without Flour Mills price officially moving with all the full bid?

na waooooooooooooooooooooo

Bid 100,000 units at the highest price to move it na. 😂

Omooloriredade:
You can't compare stocks that way. Comparing SP in isolation is a very misleading way to evaluate stocks. This applies to the Oando/Seplat/Aradel or Geregu/Transcorp Power etc SP comparisons too.

To keep it simple in this particular case and using their FY'23 audited results, just find out their EPS and work out their PE. You will find that Etranzact is still cheaper. They are running their business more profitably based on FY'23 result o. Chams has got work to do to improve their financials. A recovery may well be in play but I haven't done any DD on them.

Disclaimer - I'm not suggesting a buy or sell in either stock.

I am not comparing them in the way you insinuated. What I just shared was to show that the territorial nature of their business is different.

Etranzact processes transactions for financial institutions across different countries especially in Africa, while the Chams seems to be more related to the local territory.

Choiceguy:
Etranzact will soon touch N10 and Chams is sold for N2 considering they are both doing almost the same business.

ETranzact PLC's model seems to be international, while Chams PLC's model seems to be local.

ndept:
Let me add @BrokerHaruna who was shouting here that "Guinness will suprise a Lot of People" By then, the books of Guinness was in a mess and some people here were shutting him down, telling him that Guinness is a bad stock with bad fundamentals, but he sticks to his decision on Guinness. Guinness was N21 then and still fell to N16 under 2 months. But alas, Guinness came with good fundamentals within a space of 6 months and moved from N15 to around N85. The rest is history.... The man has moved from this place to other forums where he is appreciated. Not to talk of @RabbiDoracle, meships, et al

Thank you for remembering these people, my brother. Those guys you mentioned as well as the Ogas that Madam CMCY mentioned held it down here during the Covid-19 months when all looked bleak. They steadily encouraged many.

Broker Haruna made people cash out heavily with Guinness until they used their attacks to chase him away. That's why I keep saying that the shepherds must be protected on this platform.

May the Lord continue to oil and favour our hustles o! 🙏🏽

mikeapollo:
It is not about Oando. I am talking generally!
What you call MH (media hype; hope my interpretation is correct), could be a strategic info to someone else! It depends on the level of appreciation or significance or relevance that you attach to such info.
For instance, someone has given me an insight info about Unity Bank, and I believe it to be a strategic one that I can use to invest now. But another person would not believe in such info and would rather wait for Unity Bank to release their results before he/she buys the stocks. .
Both of us are neither perfectly right nor wrong! It is just a matter of difference in strategy and approach.

You may call it media hype, if you wish. But if it works for me, so be it. The end justifies the means.

Oga Mike, the MH being referenced in the statement no be "Media Hype" but "Monkey Hunting".

KarlTom:
Everyone has a perspective which to them is 'right'...

💯 but you forgot one part, my Oga

"Everyone has a perspective which to them is right" until that friend of Oga OGG and Oga Mega (Mr Time) comes to play its own part.

godlyguy:
From the look of things japaul holders look more sincere than oando

How on earth will you be indirectly telling people to sell off all they have and get into an heavily indebted oando who only relies on the goodwill of politicians to survive?

Be wise

My brother, no individual is telling people to sell what they have currently to enter into Oando at such a high price. Anyone getting into Oando today knows they are doing it at a high level of risk that requires scrutiny.

The grouse on this Oando matter was when they encouraged people to jump off the Oando bus at about NGN25 to NGN35 when there was still more juice to squeeze from it.

Many who sold at the NGN35 junction tried to get in before it touched NGN50 but were unable to get in again. Because of this, the whole Oando trolling has continued unabated.

mikeapollo:
Remember, people have different investment goals and strategies. There are people who have made multibillions by either diversifying their portfolio or taking the risk to focus on a single stock and maximising their returns. At the end, no one is begging for money to invest.
I know peope who sold millions of units of good stocks like GTB, Zenith etc and put the money in Oando, and the value has multiplied more than ten fold.

Exactly! 💯

Was it not one of us on this platform who was buying Nahco PLC during Covid-19 when everywhere was scattering and nobody knew when the situation was going to remain calm again or those who bought Tesla at that Covid-19 time when it was highly speculated that Elon Musk and Tesla would go bankrupt and people were advised to move their investments into Coca Cola, Microsoft, etc?

The market especially the Nigerian one is not respectful of anyone so it is better to stay humble. Even MTN and Airtel wey dey the same category no get the same performance when you consider inception to date returns.

MTN that used to be like the esoteric shares managed by Stanbic IBTC at a time has hardly performed better than Airtel when you compare their returns from inception on the NGX to date.

BullBearMkt:
I have a dream! @godlyguy will soon give us stock that will turn over 500% ROI!!!

My Oga, he fit tell you to go buy SKYE Bank o or any of the recommendationsfrom EbeanoNews! 😂 😂

HesInMe:
You can't tell the difference? Even I as a long-standing Oando shareholder can: One is a monopoly of strategic importance to Nigeria's economic prospects and stability, the other is one among many.

I hope we also know that Aradel has a refinery that produces petrochemicals like Automotive Gas Oil (AGO), Household Kerosene (HHK), Marine Diesel Oil (MDO), High-pour Fuel Oil (HFO) and Naphtha.

Aradel PLC is another name we need to monitor closely before or when they enter the premiership league of the NGX. Heard it will be in October 2024.

yMcy56:
O & O
Above N2.4bn in transactions today.......
With over 26M volume.........in 1409 deals!
This is no longer child's play.....

GTCO
N1.00 Interim dividend.....
A good one....

Someone asked for the qualification dare......
Corporate Action not yet out.

These banks are minting money o! 🤑 💸 💰 🏦 🏧

Seeing that GT Bank PLC's result, I am not surprised because for every currency note deposited into the banking system, these banks use a significantly high percentage of it to create money in the economic system through lending, credit or investment systems.

DeRuggedProf:
Which manner of farmer will run to the farm and remove all his crops and take them home when he sees a few locusts flying in the direction of his farm. Go back the following morning to plant back. Rush to remove them the very next hot sunny afternoon, afraid of scorching heat. Rush back to plant them the next cool morning. Still rush back to the farm to uproot and take home on sighting very strong winds blowing in the direction of his farm, afraid his crops will be broken. Wait again to resume planting after two days of being sure the wind has passed. Which farmer raises a great harvest in this manner...

No mind them, my Ruggedy Baba Professor. What you described no be farmer but secondary student wey dey do agricultural practical session. It's obvious that he doesn't care about the harvest but just wants to mark his name as being present to perform the activity.

Xidget:
Dream Analysis

In DJ Khaled's voice "its another one!" 😁

Harvestock01:
Success in the stock market is 10% what you know and 90% patience. Every investor can acquire knowledge but how can acquire patience?

This quote is a very good one, Sir. 🫡

He who seeks patience must be friends with Mr Time (the best friend of OneGentleGuy and Oga MegaWealth).

yMcy56:
A good one brother 🤭

I hope they don't end up preventing some people from making money in JP again, just like they did for OANDO.
Wale is this, Oando is that, yet a stock of N4 moved up to 100, just N5 more to touching 100 then cross over and above.......😊

JAPAUL that may still touch ** For those that can be patient..... 😁

** Caveat: Follow what works for you.....not any buy/sell advice**

Haba my dear Sister, you were even being generous with that price you quoted. A stock that went as low NGN1.90 on 11 March 2020 (during Covid-19). Imagine the thoughts those who bought it at that price and sold it in during 2020 or up till last year when it was being beaten down and casted in the same light of the chief executive? 🤷🏽‍♂️

Oga Loco don talk am already that some people must have sold this stock prematurely and may not be happy with that decision. However, whoever bought it at a ridiculously low price, and still holds it, should be able to balance their risk versus reward appetite to create some stability on real money for their portfolio or assets.

Just like you said, people should choose what strategy works for them

A big shout out to the shepherds who use their staff to whip the sheeps in line and keep them protected.

The ultimate goal for all of us must be to make the bells and cash registers ring in our favor so that we can celebrate.

May the Almighty hear our prayers and add the spice of favor to our hustles, especially this one. 🙏🏽

godlyguy:
Oando and Fcmb are definitely in the same league... Always looking for who to scam... THE ELEPHANT may be slow but there is always a tiny way of making profits with both OANDO, FCMB & THE ELEPHANT... I don't care about any stock, all my care is about THE CASH... When you suddenly see a stock being defended, it simply means RUN as fast as you can!

THE BIG SMART GUY

No be today or this current period this Oga don hate Oando PLC. Na since pre Covid-19 era o! 😳

Oga OneGentleGuy and Oga MegaWealth's friend, Mr Time, has clearly shown us wetin dey as per having hope. 🤷🏽‍♂️

godlyguy:
I have always maintained that FCMB is out to scam the unsuspecting just like her elder brother Oando... I will honourably commit my funds elsewhere than to pick a unit of FCMB... THOSE IN FCMB, YOU ARE IN FOR A LONG THING!!!

THE BIG SMART GUY

😳