₦airaland Forum

Bbbwings:
Anybody sabi FCMB. Why the stock no move like other banks.

It needs some of your wings

mikeapollo:
Lol
Individual preferences/goals would determine the classification of stocks.
What may be ''Junk'' stock to Mr. A. may be a 'value'' stock to Mr. B.

No be lie sha

yMcy56:
Newbies, all these big big stock names wey the Ogas here are mentioning, ask well before buying at current price because in my opinion, they may have to wait for q2 results to know the next direction, may not have high upside from their current prices for now......

Names like WAPCO already factored in the good Q2 when it moved from 80/85 to current price......
Could see some Ogas throwing numbers upandan......with some kind of manipulations ongoing there....
Remember there's a price tag on majority shareholders stakes....

It still get some other ones that already did 100%, 200%, 300%......make una look before you leap....

My advice: Look for the ones with potential 50% or more upside, those that are battered, not yet feel the bull run as such, trading at discount, around their 52 weeks low, strong fundamentals, those still lagging behind in their sectors and some with potential upside......
Like O&O, VFD, PZ, LEGEND, DS, ELLAH, JP, ACCESS, FBN, LEARN, insurance, etc......
Na examples I give o 🙄

This is purely my opinion, make some marketers no come dey take you cash out anyhow...... 😁

Stage opened for bashing, defence etc 🤔

Madam, you can private chat me for free helmet

mikeapollo:
People have different preferences. Whether illiquid stocks are desirable or not depends on the investment strategy/goals of those buying/selling.
The so called illiquid stocks may not be a problem for people who are only interested in preserving value and still earning consistent, reasonable dividends. A good example is Seplat.

He qualified the illiquidity by adding the J-word

Umehj88:
.

Nah inside the premises I dey I only post what I see. The other one didnt have a compound just front view

Okay. Thanks for being our eyes on the ground.

Umehj88:
Presco head office

It seems you love to discover HQs of NGX companies! No signboard for this one sha 😅

Melcapital:
You billionaires know one another .
Certainly Mr Charles is not Megawealth. Different states of origin too. For his security, it's best his identity remains unknown.

I hereby claim that billionaire status bro and I wish and pray you also attain it too!

DING!!!

Joyful365:
Please house, how much in fees and other charges should I expect to pay if I sign up with Stanbic IBTC stockbrokers and buy stocks on ngx through them? I want to know what stanbic and ngx will charge for buying and selling. I want to start with 3m and I'm told I'll first lose like 4% in fees and charges before I see any benefit (dividend and price appreciation), if any. I'm a complete novice on this please just doing my research.

You may need to call or send an email to their (Stanbic) information desk to get direct and accurate answers.

jonnysessy:
Melcapital, it seems you have unmasked Megawealth01 in this faceless forum. The two write up is more or less the same to me. The coincidences can happen in so many things (can't rule that out completely) . Except we would charge someone for plagiarism.
Well, l wait for the response of Megawealth01 to this post. I believe he is a man of principles and integrity.

Megawealth's real name starts with O

KarlTom:
Ding!

Na vex?

Streetinvestor2:
Welcome. I have never seen this moniker here.Do you equally stay in benin. Abi you be benz engineer. What ellahlakes can not bring to this thread does not exist.
So that was the simplest question you could ask the AI search.
Did you ever ask the AI app during cbex if it was a scam or MBA forex for Same question.
I am asking for a friend .
Next time you want to ask AI about a company. Ask about specific fundamental things regarding the company mostly about financial results.....no vex

Oga Street, no kill person with laugh o!

SohSoh:
What r u talking about... i gave Mecure as a buy recommendation few weeks ago. Or you want to say Mecure is a scam company like Ellah Lakes

I recall you also posted your ‘portfolio’ a few days ago while complaining about ‘hypocrisy’ and that people didn’t buy MECURE.
The funny thing is that I couldn’t find the same MECURE in your list of stocks. Was that an omission?

Streetinvestor2:
The stock go soon hit this price for market. They go still meet us for egm or agm

Na wetin we want be dat

mikeapollo:
Did you use the CBN or interbank rate which should be N1,531 maximum before the 19.97% premium?

If you use N1,531 it’ll give you N114 (with the premium)

Mpeace:
If it's the same price with majority buyout, then it's good to sell now oh. $0.06 at current exchange rate of N1,560 to $1 is like N93.6.
But they might not go lower than market price

https://pluboard.com/2025/03/28/companies/lafarge-is-foreign-owned-why-is-senate-suddenly-afraid-of-sale-to-china/

"... Huaxin said it will offer Lafarge’s minority investors an offer not exceeding $0.062072 per share, matching Holcim’s price, with a 19.97% premium at the applicable exchange rate."

If you add the premium, using N1,560/dollar, that comes up to about N116

mikeapollo:
A quick one:
There should be at least N1b write back from the restatement of the loan due to Goodi Ibru/AVI group

Okay. Thanks

KarlTom:
Ol'boy

https://doclib.ngxgroup.com/Financial_NewsDocs/44499_IKEJA_HOTEL_PLC-IHPLC_-SEC_FORESIC_AUDIT_FINDINGS_CORPORATE_ACTIONS_JULY_2025.pdf

Any idea of the implications for current or aspiring shareholders please?

DING!!!

megawealth01:
Lovers of insurance stocks should put an eye on IEI at sub 2

This is my 17th STOCK PICK for 2025

Well done o!
I have to say your output is remarkably high and majority of your picks tend to perform in the medium to long term.

SohSoh:
I want to get this off my mind…to some extent a lot of you on this forum are hypocrites...

Impressive result! I wonder how long it took you to attain this.
By the way, this is a faceless forum and there's no need to get soh emotional (unless maybe if you're 'touchy').
No one is obliged to give or take investment advice.
Know this and know peace or no peace

essentialone:
Breaking News: Neimeth Plc's Managing Director, Pharmacist Valentine C. Okelu distributes expired drugs to its shareholders, who are mostly elderly and vulnerable men and women, during its Annual General Meeting, held on Monday 23rd June, 2025 at Ikeja ...

No link, no reference, no proof, etc
Slander comes in various forms.
I wonder how this affects the price of stockfish in the stock market?

SonofElElyonRet:
Na wa o.. the bolded get as e be. Invest only what you can afford to lose

Thank you o! Newbies take note oo!

DING!!!

Care4:
Adjusting my portfolio, I accidentally sold ZENITH (at 102%) thinking I placed bid for additional units. Didn't notice until I got the CSCS alert. Is it a good time to jump back in or observe the market?

Sorry to hear that.
It has happened to me once, especially when I am conducting trades on small screen devices while being slightly distracted.
If your online broker app has a confirm page you can always look at it again before placing the trade.

With regard to that stock, you could keep the cash aside from the sale and buy the same number of shares when the price has dropped to ~ 96% of what you sold it for (that is to offset the cost of commissions) and buy your desired additional units as well. I don't see most of those share prices 'blowing up' before Q2 results are released.

unite4real:
Does that mean if the bids was N50 Billion and offer was also N50 billion we would say it's oversubscribed by 100%.

So I thought it was 183% subscribed but 83% oversubscribed. After the full subscription, the the difference is the excess and the oversubscribed figure.

I thought that after full subscription, the amount in excess is the oversubscribed amount and we have to divide that difference by the the total amount offered and multiply by 100 to get the oversubscribed percentage.

That was what I was thinking

That is a very logical statement.
However, I think that's just the way it is reported in the business world.

https://dailytrust.com/access-holdings-rights-issue-records-105-76-oversubscription/

unite4real:
What is this nairametrics and DMO authors are even saying.

Total offer was N50 Billion
Total bids N91.2 Billion.

How is this 183% oversubscription. Should it not be 83%?

Abeg maybe there is something I am not getting right.

It's actually oversubscribed to the tune of 182.4%, meaning that the bids almost doubled the offer.
Simply put: Total bids/Total offers x 100%

Streetinvestor2:
I will prefer to join the ones that are winning steady as they no get two head.

Opportunity cost is now very important in the stage we are now in this business. This kind of naira devaluation does not happen every time.

When stocks finish repricing because of devaluation. It will get a time if you see 30% appreciation you go thank God. So is best you join the winning side now before the market go enter that stage.

No be lie .

Agbalowomeri:
So tey Nigeria beat them 3-2

Was that 98 world cup

Yes.
France '98

Tvegas:
I know that feeling 😆😆. I Bought Access for like N9 during the Covid meltdown ,held this for long and had to sell off at some point . It never met my target for Capital appreciation. It was the worst performing stock of that era for me. I bought UCap at N3, Zenith at N11,GTB at N20,Wapco at N28.

Access is always full of potentials but perennially under-delivers.

That's how Spain's football teams used to perform before they won the Euros in 2018 and the World Cup in 2020

Agbalowomeri:
Na inside potopoto pigs dey chop so no cost

‘Free’ potopoto