₦airaland Forum

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 ...

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

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?

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

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.

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.

Agbalowomeri:
So tey Nigeria beat them 3-2

Was that 98 world cup

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.

Agbalowomeri:
Na inside potopoto pigs dey chop so no cost

Streetinvestor2:
I thought they said they whr already in crop farming. Then he sounded like it has not even started. Abi my ears no hear well because he mentioned they have land for it in two states.And did not say what crop and quantity they are getting in those two places

Agbalowomeri:
When you see a smooth talker saying "hopefully", "in a couple of weeks" etc
He even talk land banking. Well at least dem get 400 pigs. Abeg how much be one pig for market? Na wetin shareholders go share be that when they file for bankruptcy Beacon don land

USA2019:
I agree, but he should go and hold the interview inside the palm plantation then.

USA2019:
It's the guy's tie for me Who knotted that rope for him?

KarlTom:
Yes it is.

The sales were at no cost to the company.
More like the buyers bore the cost of transportation etc...

Mpeace:
Along the line, I heard something like "the next equity raise"
Hmmm make them make small profit first naa. We don dey this thing for long. Make we enjoy small before the next equity raise abeg

Streetinvestor2:
Oando no press release or apology notice
This is very wrong

Redoil:
OANDO has been suspended
https://www.thecable.ng/ngx-suspension-agip-deal-delayed-release-of-financial-statements-says-oando/

GeeKudi:
And he keeps posting the long piece repeatedly. We have seen it already nah

Ginalex:
Please what is SAHCO's ticker on NGX?

KarlTom:

aj8:
I have not yet. Maybe a few more days. I plan to give them till Wednesday week before I initiate correspondence.

ItGeek:
Anyone using Cardinal stone securities for trading. Looking for a 3rd broker and considering them, how good are they ?

pluto09:
https://www.thisdaylive.com/index.php/2025/04/20/how-rabiu-bua-groups-historic-deals-in-dubai-will-revolutionise-nigerias-economy/?amp

KarlTom:
STANBIC & UBA QD is tomorrow 11 April

...

chimex38:
Revenue from the 11.55million passengers in 2024 is way more than the 12.05million in 2023.

KarlTom:
WAPCO almost on FO...

lexy2lexy:
Has anyone heard that senate is going to block Lafarge’s sale of WAPCO?