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Ositadima1's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:33pm On Mar 19
Valthegreat:
If I am an Iranian fighter and my government is reputed for funding Islamic terrorists in different countries (Hamas, Houthis, Hezbollah) I will request for a nuclear vest as a condition to continue my service.
Those that keep saying that Iran was struck first are you people saying that the world's police should fold their arms and watch Iran create more terrorists groups to surround Israel and develop nuclear weapons that will give them enough capacity to obliterate Israel before Israel should come on the defensive after the first strike?
Now tell me that it is a lie that Iran is not sponsoring almost all the terrorist groups that have attacked Israel at different times?
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:07pm On Mar 19
Valthegreat:
... Should Iran have it's way the bolded is what they will desire, it's just a matter of how many more missiles and drones are in their arsenal. And that's what will tell you who the real terrorists are, ...who can kill and maim irrespective of who will be affected.
...
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:39pm On Mar 12
Itzlinda:
He can't be bearish since 2022😂. 2020 was a recession period worldwide.
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:14pm On Mar 12
pluto09:
You are also guilty of what you accused others of.
Just for your information, Agba has done 2 rounds of entering and exiting the market with good profits after the year 2022 you mentioned.
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 6:33pm On Mar 12
mikeapollo:
Thou shall not mock a fellow when he/she is down or suffers a loss.
Time and season happens to everyone.
None is perfect in this game. Not even one!
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. cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 6:21pm On Mar 11
Mankind2024:
...
Nawa o, softly now, why the insults?












Honestly, I don’t think you’re better than him, that’s just my opinion sha.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:17pm On Mar 11
jckgroup1:
Osita...
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. cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:10pm On Mar 10
alezzy13:
Like seriously. Getting Tired of this Oando shyte. 😡
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:58am On Mar 09
jckgroup1:
Question for you.

What happened to Naira for crude deal? What happened to locally sourced crude or does it come through the straight of Hormuz?

What happened to crude stock? What happened to refined stock? And Reserve if any? Has Nigerians consumed all?

Three or more Dangotes and Nigerians will be alright. Monopoly has never served or benefited the masses.
ghm:
Question for you.

Let's say the government had allowed those importers, where do you think they will get fuel from given the global supply chain problem due to the Iran war?
How do you think they will stabilise price in the face of subsidy removal and rising oil prices?

When subsidy is removed. prices follows the global price movements. Let's be intellectuals please.
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:34pm On Mar 07
Stockhunter:
This oil crisis will likely not be stopping anytime soon. Iran has hundreds of thousands of stock piled missiles and they have nothing to loose. They are already down with their supreme leader killed. Na Us get everything to prove. The power of a military is not totally known until it is put into test. Oil will likely get to 150 cos Iran na to de fire missiles up and down now to destabilise everyone
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:13pm On Mar 07
Agbalowomeri:
Omo Brent @93
Abi my eyes dey pain me ni
ositadima1:
Oil is heading to $90-100 a barrel
angry
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:58am On Mar 06
Itzlinda:
How?
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:13pm On Mar 04
jckgroup1:
NGXGroup is a solid company and with the proposed mega listings in the near future equal to more revenue.

Dividend and bonus already on the table, you no dey chop dividend and bonus? cool
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:40am On Mar 04
Raider76:
No. That's not what happened. In fact there were even two trades each over 1m units at 150. What happened was a cross trade of 200k that came in very late. They must have cost many people a lot of money, myself included.
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. wink smiley
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:34am On Mar 04
mikeapollo:
Be careful how you just enter anything you see ooo.
No shaking, I dey use CD. grin grin cheesy
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:22am On Mar 04
jckgroup1:
This early grin
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. cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:15am On Mar 04
innovestor:
Omo. Presco is 100% on offer. no body wan buy smiley
This is better because the price remains unchanged. But what about DS, which is down 10%?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:12am On Mar 04
jonnysessy:
There was no single trade that was up 100,000 units. Hence, it maintained the price it opened. Let's see what will happen today.
I don port, abeg. Make I manage 6.9% (9.6% minus Morgan’s 2.7% fees). grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:31am On Mar 04
NGXGROUP closed at 150 yesterday but reopened at 136.4 today. Does anyone understand why this happened?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:43am On Mar 04
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:35am On Mar 04
TerraCota:
Dangote Sugar 2025 FS

https://doclib.ngxgroup.com/Financial_NewsDocs/46208_DANGOTE_SUGAR_REFINERY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2026.pdf
ositadima1:
Two things, in my limited understanding, would make Dangote Sugar attractive again (for now until plantation mature): if the exchange rate falls to around ₦1,100 or lower, and if interest rates drop to about 10% or below.

We’ve seen this kind of accumulation before, only for the momentum to get crushed back to ₦60 or even lower. Dangote Sugar has a reputation for keeping its results under wraps until the official announcement, so don’t be surprised if the current rally is driven more by hope, and by the strong performance of other Dangote businesses than by hard numbers.
Unfortunately, another prediction has materialized, I told you guys.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:42am On Mar 03
Itzlinda:
Please how can I have these dashboard?
If you’re using Morgan, go to ‘Trades’ right under ‘Market View,’ then type the ticker symbol into the search box and sort.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:12am On Mar 03
debeey87:
Someone made a postulation about brokers, their capitalization requirements and how ownership in ngx shares can boost their capital base if prices increases ahead of the deadline for meeting up.
Okay, thank you. At what price do you think their target is?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:04am On Mar 03
People are queued at 150, but there’s no supply. What’s happening?

grin grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:02am On Mar 03
ositadima1:
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?
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:04pm On Mar 02
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?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:58pm On Mar 02
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:15am On Mar 02
SonofElElyonRet:
Your problem is that you refuse to consider the origin of the conflict. You are bias. How many times in the past has Israel offered a 2 state solution that the Palestinians refused? Go check your history dude! Yasser Arafat refused and it's always been like that. They want to take over the whole of Israel. Do you even know what "from the river to the sea, Palestine will be free" meanshuh 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!
Alright, bro, let’s agree to disagree.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:06am On Mar 02
mikeapollo:
So to you, history of the place only starts from 1940s?
If the kingdoms or places e.g. Jerusalem, Hebron, Shiloh etc. were established and formed thousands of years before 1940, then why do you start the history from 1940s? Is it for convenience or running away from historical truth and facts?
Ask yourself if Kings like David, Solomon, Hezekiah etc. who ruled over the same land in contention did so in the 1940s or 1950s or 1967.
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?

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