Ositadima1's Posts
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Valthegreat:The USA has also sponsored terrorist groups it considered useful for achieving its objectives by providing arms, funding, and training. Let me give you a few examples, there are more subtle ones, but you can start your research with these: 1. The Afghan Mujahideen (1979–1989) 2. The Contras in Nicaragua (1980s) 3. Cuban exile groups (1960s–1970s) 4. Syrian rebels and “Timber Sycamore” (2012–2017) Let’s not even get into the countries where governments were overthrown for being anti-West. I always say this: don’t hold strong opinions about any subject, including trading, without digging deep into it first. |
Valthegreat:This is not true. Iran was attacked first for political reasons. In fact, the U.S. has no clear, universally agreed justification for doing so. The U.S. has largely contributed to the current fuel crisis affecting the world, not Iran. If you don’t understand the mechanics of the conflict, ask questions or read more to gain a clearer perspective. |
Itzlinda:Lol, it’s like you’re new here. Anyone who followed Agba since 2022 would not have bought anything. Haven’t you heard about his Ichimoku Cloud or how he kept insisting that GTCO would return to 20 naira even while it was rallying? Even till today, just read his posts, when he’s not joking about something, the next thing is a market crash. |
pluto09:I don't know about that, but I am very sure of his incessant claims about a bear market and market collapse since 2022. His posts are here, I’m not making anything up, and I can quote them. Ever since 2022. Maybe you are his broker, so I wouldn’t doubt you. I’m simply basing my opinion on what is publicly available. |
mikeapollo:Lol, this must be a joke. How the heck do you know he is down? Or are you listening to content creators? Half of them just come here to crack jokes and leave. If anyone is likely to lose big money, it would be Mankind with his pattern of investing. Loco has always been a trader since 2020, from when I first met him here. Once a stock is not going his way, he is out. It’s people like Pa Ema and the other long-term investors that will endure for the stock. If Presco starts dropping 10% daily, Oga will remain there and even buy more. Even after a 50% haircut, Loco can never do that. And Agba? The last time we confirmed he bought anything was in 2022. He mostly comes here to destress. ![]() |
Mankind2024:Nawa o, softly now, why the insults? Honestly, I don’t think you’re better than him, that’s just my opinion sha. |
jckgroup1:LOL, the moves were tactical. I wasn’t investing for the long term, so the actions I took should be judged across all the possible trades I could have made, not just a particular one. Yes, NGXGroup went on to perform "well", but their are others that didn’t. Just ask the people who bought Oando at 80 or 90, it’s been almost two years and the price still hasn’t recovered. So, no regrets. I’m fairly satisfied with what I got from it. We move. ![]() |
alezzy13:I think there are three major forces preventing Oando’s price from rising. First, most of the recent buyers appear to be traders looking for quick profits. They want to cash out fast, people like Peter, for example. Any news that does not strongly support the stock can easily trigger a rapid exit. Second, some investors are taking profits because of the rights issue. If you are confident that you can obtain a good quantity at ₦50, then selling anything above ₦50 plus brokerage fees is essentially locking in free profit. Third, there are long-term holders who may want to exit and redeploy their capital into stronger companies. The truth is that Oando is not performing particularly well on a fundamental basis, even though it still has potential. When I opened Morgan’s iTrade this morning around 10:20 and saw the large number of offers compared to bids, I immediately suspected the price would fall today. The easiest way for Oando’s price to move upward would be sustained positive news. For example, a major spike in oil prices, maybe to $180–$200, could help. But, even that scenario comes with its own set of problems. |
jckgroup1: ghm:This is why not every post is worth indulging. Is Dangote Refinery not a business? Or is Nigerian crude being sold below the market price? It is reasonable that if you buy at a high price, you will also sell at a high price, unless there is evidence that Nigeria is still selling crude at around $60. The only thing we need Dangote Refinery to do is keep producing and prevent scarcity, as long as we are supplying it with crude. |
Stockhunter:Actually, they are not firing missiles indiscriminately as you suggest. They have precise targets, and all the missiles they fire are intended to achieve specific objectives. Don’t rely too heavily on Western media; they tend to portray “others” as weaker and less strategic than they really are. During the first few days, the aim was to neutralize the military bases around them, which they largely achieved. It also served to preempt other Gulf states from joining against them. Now they have effectively isolated the two aggressors, so it is essentially between them at this point. Before this conflict ends, one very large U.S. aircraft carrier will either be sunk or severely damaged. |
Itzlinda:I don’t think the hedge will cause them to lose money. Rather, it means they won’t benefit from additional gains if prices rise above the contracted level. The only real loss would occur if the cost of production increases beyond the fixed price. |
jckgroup1:Based on my dividend valuation model, if we look strictly at the ₦3.00 dividend or even the EPS, the stock should not be valued above ₦100.00. Technically, the share bonus is a zero-sum game; since everyone gains in the same proportion, there is no real difference if every shareholder suddenly holds two shares at an adjusted price instead of one. But, there may be other factors being priced in here. |
Raider76:Depending on where you bought, the game is still on. But, there has been an increase in offers relative to bids. It may struggle for a few days, but if there is real conviction, it will hopefully resume moving up. In the meantime, I’m out. ![]() |
jckgroup1:Lol, I didn’t have any specific reason for buying, it was purely by chance. I opened Morgan and saw the daily value, along with the huge imbalance between the bid and ask sides, and the way they were swallowing the offers. So I entered. Since they’re not really moving it, I’m out. Good luck to those still inside. ![]() |
innovestor:This is better because the price remains unchanged. But what about DS, which is down 10%? |
jonnysessy:I don port, abeg. Make I manage 6.9% (9.6% minus Morgan’s 2.7% fees). ![]() |
NGXGROUP closed at 150 yesterday but reopened at 136.4 today. Does anyone understand why this happened? |
I don’t see a merger happening anytime soon, at least not until there is some level of stability in Dangote Sugar. How do you merge a loss-making company with a profitable one? For it to work, it would severely reduce the value and proportion of Dangote Sugar. |
TerraCota: ositadima1:Unfortunately, another prediction has materialized, I told you guys. |
Itzlinda:If you’re using Morgan, go to ‘Trades’ right under ‘Market View,’ then type the ticker symbol into the search box and sort. |
debeey87:Okay, thank you. At what price do you think their target is? |
People are queued at 150, but there’s no supply. What’s happening? ![]() |
ositadima1:I’m already up 10% with a full bid. Nawao, the gamble has paid off so far. Should I sell or hold for another day? Keep in mind, this was purely speculative, I have no metrics behind it. |
I saw the volume and how the offers were cleared for the NGXGroup stock, so I took a gamble. Let’s see if it pays off. Anybody with me? |
Iran has struck Saudi Aramco facility, the war appears to be spiraling out of control. Dangote might also see heavy cash flows as markets react. |
SonofElElyonRet:Alright, bro, let’s agree to disagree. |
mikeapollo:Lol, I’ve already answered you. Those biblical places and people are not the same as the Jews living there today. Many of them are not even direct descendants, similar to how white South Africans are not indigenous to South Africa. But let me ask you this: would the core Yoruba states in Nigeria accept it if a group of Igbos, not even purely Igbo, but Igbos from outside Nigeria who have intermarried and have little direct connection, began to argue that, according to an ancient book, Kwara was their ancestral land? Do you think that kind of conflict would be resolved easily today? |




Israel has been atracked several times by joint Arab forces (go check your history). The charter of Hamas calls for the destruction of the state of Israel. Even from childhood and in their schools, children are taught to kill Israelis. It's part of their curriculum. Indeed it is a command to kill Israelis but moderate Muslims do not follow this. It's in the Quoran! Many that follow this believe it is a divine command that they have an obligation to fulfill. You talk out of ignorance. Before the state of Israel there was no state of Palestine. The territories now forming Palestine were under Jordan and Egypt... The state of Israel is just a small strip of land and still they are being told they have no right to be there. Have you watched the video of the October 7 attack and how ordinary Palestinians celebrated. One attacker even called his mother and father to tell them he killed a jew and the parents said they were proud of him. Israel is facing an existential threat and Iran is the arrowhead and sponsor, fighting a proxy war through Hamas Hezbollah Houthis and Shiite militias in Syria, Iraq etc.. stop arguing blindly!