₦airaland Forum

Raider76:
But the absolute numbers don't matter so far your economy is functioning and there's no inflation, and you are not crazy about dollars. Take the case of Indonesia. The exchange rate is 15,965 Indonesian Rupia to $1. Nearby Malaysia is about 4 Ringgit to $1. The two economies are doing fine and Indonesians are doing Japa.

Raider76:
This doesn't stop your currency falling further once you make the mistake of dollarizing your economy like we have done. A case in point is Ghana. They removed all the zeros and forced back to 1cedi=$1. Today they have slid down to 16cedi=$1 and counting. That is 16x fall in the currency.

Ginalex:
Mr. Osita, I expect you to understand that the increase in salaries and wages (which most times happens once a year)is nothing compared to how much the prices of goods and services have increased. Heck what you bought for 1 naira today, has more than doubled in a month such that most have resort to buying less quantity for same price compared to what they could afford before while some others can't even afford even half of what they're used to because despite the so called "increase" in salaries, but in real terms have lesser purchasing power

Ginalex:
The bolded is funny sha... "...more cash volume from sales..." because "sales" manufacture themselves ba?? No be people wey dey go buy "lesser items" sales go come from? Abi na aliens ... Abeg where you from the manufacture 10 and 15 trillion?? Na so e easy? we are talking people having lesser purchasing power and you're talking "more sales"?? Abi na me no understand economics again??😔 😔 😔 As per the backyard school wey I go

Alagbalaowo:
Please where is @Marketjjc and @Mankind001, it’s been a while reading their post

Respect 🙌 to every great persons keeping up this thread

Choiceguy:
When Oracle don abandon us,Agba should replace

megawealth01:

KarlTom:
My final take on this:

- Have a minimum of three (3) years’ operating track record;
- Have a pre-tax profit from continuing operation of not less than N300million cumulatively for the last three (3) fiscal years and a minimum of N100 million in two (2) of these years;

Check the ff:
1. Listing requirements:
https://ngxgroup.com/exchange/raise-capital/listing-requirements/
2. NGX Rule Book:
https://ngxgroup.com/?wpdmdl=26399&ind=1605119440735

PS: DRL is not listing on its own so these rules do not apply absolutely

MadmaxX489:

emmanuelewumi:
I never mentioned any stock in my statement.

If it is in the most recent report it is not hope

emmanuelewumi:
If you are not an insider you should invest based on available facts and figures not based on hope.

But if you must invest based on hope, don't have more than 20% of your fund invested based on hope

yMcy56:
Lol.
The irony of it is that lots of accumulation has been ongoing in NB for the past few days/weeks now.....
In yesterday's market alone, over 37M units were crossed/picked up @N28
The volume accumulations has been much recently, maybe it's the parent company mopping or a new investor, we don't know yet.

NB: Not any form of advice anyway, just observation.

Seunn11:
My Aradel is negative 29% .
In House experts on Aradel, please come o. I want to know what is happening here!

pluto09:
You still lost money to betting with all your ability in mathematical calculations

Willie2015:
https://nairametrics.com/2024/10/21/dangote-refinery-asks-court-to-void-import-licenses-of-nnpcl-matrix-and-four-others-in-n100-billion-case/

Dangote is on fire...

zendi:
Transpower looks capable of drawing the attention of foreign investors soon, if they're not the ones attacking it already.

yMcy56:
*Oga, if you've been following some of these Tony's TRANS stocks, you'll notice that they do well with price appreciation rather than using dividend payouts as yardsticks.
* I guess you'll agree that price appreciation too is part of this investment games especially for Traders, if not much better self.
* Follow the money. 😁

yMcy56:
- One of the reasons we were telling them to stop wasting pages of this thread on irelevances and nonse.nse posts, so that people can benefit much from the past quality and educative posts from the bosses, but they said na freedom of speech.

Ginalex:
Omo! I can't wait for tomorrow to come. I really want to see the magic that's about to play out . Opportunity to jump out in the coming days

Tpharell:
You are obviously late to the party. There was a lot of back and forth on this matter and that fellow kept grandstanding on the obviously wrong figures quoted by the thisday article. Don’t waste your energy trying to resurrect a dead horse

Trojan8:
Alright.