₦airaland Forum

megawealth01:
They ain't comparable at all. One plays downstream the other upstream.

Make I just stop there before I get tag as marketer

Lol 😂
Give us private consumption na

KarlTom:
ETERNA. +7.53%
OandO. +6.05%

...

‘Identical’ twins

ojeysky:
But do you know what is moving Caverton? It already exceeded its 52w high and seem to be heading towards it's historical highest price

I agree with @Zagee

Sometimes, it just doesn’t make sense.

Heard that they are collaborating with a foreign firm to use electric motors/vehicles for their water transportation venture, but how profitable could that be?

designking:
I wanted to purchase First Bank shares but after reading back and forth arguments about Oba Otedeko and Otedola fight over the control of First Bank on this thread I became scared to buy it. Though their arguments and counter arguments are well grounded.

My gut and inner chi said to me, forget these arguments.. buy the stock.. I bought First Bank shares eventually... Today it has delivered almost 50% ROI in less than 45days.

These days, I lookout for a company last financial report and if good and the stock is undervalue... I just enter. Same thing I did with NASCON several weeks back.

I missed the FBNH bus because of AP. I didn't follow my gut instincts (Chinazo ) but placed a bid for #22, not knowing it could still 'jump' from #24.

Like you said earlier, the Caverton result was not inspiring; so when I placed the order and did not succeed I moved on to other stock.

Luckily, I didn't miss NASCON

4willer:
Yours is even better bro. I bought it long ago, and when it didn't move as expected especially after their last result which wasn't so good. I sold it, only for it to start making 9% for four days running, a day after I sold.

Village people are so wicked...

I started forgiving myself only yesterday....

We move sha.

It happens to many of us.

Self-forgiveness dey help well well o, especially when you realize that some others here have stated how they lost massive 'potential' gains e.g. Transcorp, Oando, etc. Keep moving

crownprince2017:
But why fmn never pay 2023 year end dividend abi na only me never receive?

Same here

Sunrisepebble:
So it is still rumor but with the equity related transaction that concerns FMN and what I’m hearing they’re planning to do at completion of the exercise, it will definitely affect HONEY due to the significant stake. They are doing a consolidation. FMN had a predetermined price of about #70, but with recent share price appreciation and activity I believe that will now be revised upwards, to the displeasure of the people at FMN. With regards a target price for HONEY I am still unaware of the happenings there. Will drop more info as it becomes available

We trust your info and we'll continue to do our DD

Sunrisepebble:
So as I’m hearing it off the phone now. I think the transaction WILL affect HONEY.

Thanks for letting sunlight into the WELL 😂

I suspected as much after the FMN hint and it’s been on full bid since morning

megawealth01:
I for call the name but I won't. I don already start to load the thing but won't ever call the name so una no go call me "MH"

Oga Mega, you fit whisper am for my ear

Sunrisepebble:
34K Units traded @9,791 for Aradel already this morning. 20k in one bid. Still a strong buy for investors apparently

Thanks for your previous alert on FMN, which made some of us do more DD as we could have sold off earlier.
I will wait for Aradel in NGX because I don't plan to trade OTC on NASD.
As 'Oliver Twist', I still await that penny stock pick you talked about last week
My eye dey 'chuke'

Streetinvestor2:
Abeg What is the highest it has reached this yr.let me know when ote don begin buy again. I can't remember if ever got to #40 this yr

It actually hit N43 this March

BullBearMkt:
SA: Spiritual Analysis
SiA: Sincerity Analysis
SeA: Sentiment Analysis
GA: Gut Analysis
DA: Dream Analysis
FA: Fundamental Analysis
TA: Technical Analysis

Add them all and you’ll get Analysis Paralysis (AP)

Streetinvestor2:
OK.My bad.I will henceforth reconsider. It was as a result of some persons thinking they can dictate what opinion you make here or you have to post what goes with thr narrative. It does not work with me.Thanks for your genuine presentation

Nice one senior bros
@Emir01 take note.

ositadima1:


Eh don dey happen. I hope u collect my palliative.

You were right on the money!

Streetinvestor2:
ok then.I started this stock business 2000/2001
Then I dey go bring goods for baifra market for cotonou sell for uni and other hustle. The stock market was for savings and I was so emotional attached to the stocks I bought. Infact going to my stock broker to place buy mandate they give me special happiness .I denied myself of many things my friends saw as enjoyment though I could afford them than they did.That is why I am really planning to retire early make I flex before next of kin come flex pass me..lol

GeeKudi:
Ignore the rat. He is not worth your attention.

Brother (or sister), please let’s avoid intemperate language on this platform. We are all here to make money, no need to call others names.

yMcy56:
Suspension for late filing of Results......2023 FYE, Q1 2024 and Q2 2024.
As soon as this is filed with ÑGX, the suspension will be lifted.

Thank you

Great NSEMPAites! Please does anyone know what is happening with LASACO?

Bbbwings:
I beg who knows.

No one knows tomorrow but that of WEMA took 6 months

Streetinvestor2:
Is this not bad news if he now holds 80%.You can imagine what he can then do

Na die o!!!

Streetinvestor2:
Make I free oando matter. All I know wale will not out smart me for this my bet on him/proxy and partners. I am more street credible now.I will not make all the gain but loss will never happen. I can never pay another school fees in this nse business

Amen 😁

One may need spoons the length of pipelines when dining with those guys

megawealth01:
Ask we that bought the public offer back then...

I had to buy many years later at 0.20k... Thanks to God I finally got fresh air because of that decision...

If you are dining with Jegede eh... Wale seems na lil saint where JEGEDE dey although if Wale wan deal with you eh E dey be brutal

Hopefully

SonofElElyonRet:
Remember he now has new investors who put in 20 billion.. different ball game.. those ones will watch their investments like a hawk

emmanuelewumi:
The worst part be say I got a loan of N2 million buy both the public offer and the right offer.

I like your openness Oga Emma. The 'school fees' you paid then, has made you a 'Prof' today. We all have paid (or will pay) school fees as far as the stock market is concerned. That's how we get the experience to eventually learn how to stop paying avoidable 'school fees'. Thanks for your robust contributions and thanks to all others as well for the civilized discourse.

emmanuelewumi:
We have a new alternative to palm oil for the manufacture of sosp, margarine, body cream etc. And the forward looking ROIC of 65% by the company is too poor

Nice joke Oga

Bagwa:
Anytime

Thank you very much

I have noticed you've been mostly accurate and consistent over several months, and that whenever anyone disagrees you just post 'Ok'

Though I narrowly missed the Oando bus, your timely advice months ago was legit and is always appreciated.

Abeg continue to show us the road. At least, I don manage enter Japaul small.

vacanci:
Unless investing is showing a wrong historical because what I can see is a Mark up. Looking at the chat below. See the closing price on 4th and the opening price on 5th. Normally the closing price of previous day should be the opening price of current day unless a markdown happens

Seems investing.com is wrong about it

vacanci:
Was their share price marked down after the qualification date of the bonus?. I just checked and could not see such.

Also they have increased their outstanding shares to effect the bonus and their earnings are calculated based on the new outstanding shares with the dividend also based on that.
Some things are not adding up.
Perhaps the guys very knowledgeable about these things can shed more light

I recall it was marked down significantly, though I can't remember the price then.

*PS: It closed at N5.13 on January 4, 2024 to open at N3.08 on January 5, 2024 (Source: FSL securities price list historical data)

Mankind2024:
Dear forum members,
I would like to ask knowledgeable members about C&I financing.
Recently, the company declared an interim dividend of 0.05 kobo(closure of Reg 12th August 2024), despite the outstanding bonus issue of January 5th, 2024 (closure of Reg)- specifically, the 2-for-3 bonus issue. However, the said bonus has yet to be credited to our CSCS account statements. My question is: will the interim dividend benefit the outstanding shares of individuals, or will it include the pending bonuses as well?
Thank you.

I guess you are referring to C & I Leasing.
I contacted their registrar yesterday to ask the same question and was informed that the dividend won’t apply to the bonus, notwithstanding the fact that the ex-dividend date is over 7 months later than that of the bonus date.

Panadee:
I greet you all specially.

Please I have a question which may sound 'dumb': If you 'sell' your rights in a right issue, do you get paid? And if yes, how can one go about it assuming your current stockbroking firm is no longer in business?

Thanks in advance

Abeg o! Make una help me answer the above question

Streetinvestor2:
From the result I have checked as per Hi result. I like what I saw in c and I,Veritas insurance. I am waiting for corners stone result but the dividend of last Yr is a good sign.Ikaja hotel result is equally good if you can get it lower though it does not fall into penny stock for me.
My definition of penny stocks is anything below #5 now.Anything below #2 is good buy for cham too.This are the ones I checked and 1 am okey with result because earnings came from thr original business not forex gain or one time profit from something .

Thanks boss

megawealth01:
Agba dollars

How much is money?