₦airaland Forum

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?

megawealth01:
Thanks to Jesus... My Lambo is finally here...

JESUS answers PRAYERS

Oga Megawealth, please how does this translate to Lamboghini? Unity Bank is on technical suspension and it's current market price is quite low (N1.51)

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

Raider76:
Please how long does it normally takes after closure date for bonus shares to be credited to one's CSCS account?

It’s probably on a case by case basis.
WEMA rights issue closed on December 29, 2023 but was listed on NGX just 4 days ago. That’s roughly 6.5 months.

akinola98:
I don’t understand o ….. does it mean if someone has like 1000 shares in UCAP …. The new bonus will 2000 more shares ….. making a total of 3000 shares altogether? Right ??

Right.

KayOn1:
I will be very honest with you, there's no source. The calls are a result of 16hrs+ work day for the last 4 weeks trying to profile the 700+ penny stocks in the US market.
It is a lot of hard work but once the profiling is done, ...

Have noticed for sometime now, there are a lot of opportunists & charlatans in the Nigerian financial space that are only out to take advantage of the gullible. Times are hard no doubt but must you also ...

EnjoY while it lasts but like I always advice friends & colleagues, seek knowledge for yourself first and avoid handouts.

** 3.42am ET.

I have to commend your effort.
You have really dedicated time and resources to this venture.
Truly, there are many charlatans globally and some can even give fake news for a fee!
I need to learn too because one day fisherman fit no come river and we no go see fish chop

KayOn1:
SBFM has done over 25%. You can exit if you want.

One more, then we will call it a ...

Your way pure.
Your source sure.
Thanks for the info.
The Vaxart was a good call, same with SBFM.
Continue the good work.
As always, we should endeavour to do due diligence.