₦airaland Forum

Locotrader:
Nna after 2 or 3 days traffic ⛔ you can say that.We must chop our own sand part of the deal nah.Why you no want us to chop our rice with meat?

Bros, I am not talking about you and @yMcy56......you guys are masters of the game!

Streetinvestor2:
I tiya for this matter. And some are hailing it.I thought they said they are buying because of gold.They now want to sound like they saw this coming. Gambling is a sickness I swear

Gambling is a disease because excellent stocks are listed here almost everyday yet some continuously want to gamble with their hard earned money! No wahala!!
#smh

Willie2015:
He is a fast learner...
U need to own the whole chain to be successful in Nigeria...
I expect him to have retail stations to dispense fuel in every state ..after this . move...
Naija is a tough place to do business...

Thought he had a deal with MRS.....

Mpeace:
Minus fx gains, gtco still topped them all.
Wetin Access dey do sef. Only one billion from core banking in six months.

Cc; Nairametrics.com

Fidelity should be No: 6.....dragging shoulders with Access!

Agbalowomeri:
But can't both of them reason together and share benefits? Must it be winner takes all?

"Winner takes all"....
In the midst of poor institutional integrity, shameless and extremely corrupt leaders, poor rule of law - nothing dey happen-ness, na we dey here mentality....that's what is destroying naija!
Anyways, Bros, what are your thoughts....is the ngx going up or coming down?
Someone said, total money in circulation is now 100T hence the shocking rate increase by the CBN!
Your thoughts please.

megawealth01:
Life of an entrepreneur in Nigeria

My brother, in other climes the gov't supports you through many means - 0% credit, tax holidays, etc.
In naija they try to destroy you and your business if you refuse to add, "something" for those in gov't.

megawealth01:
Japaul Gold defies eight years loss streak, posts N587bn profit

https://businessday.ng/companies/article/japaul-gold-defies-eight-years-loss-streak-posts-n587bn-profit/

Bros, "Believe this, you'll believe anything" - JHC
Old news that they used to deceive the public last year or so! They can't get some people again
No bi only 587b na 587T.....They made N587b profit yet still came back to do N2b shares po. We hear them

Mpeace:
5days solid bull without price increase. Seplat has been on 3weeks solid bull without appreciating in price.
At 10k plus, it would be difficult to get the needed single trade volume of 100k units. That is 1billion naira single trade.

Stock split will be a good idea!
What do you think?

zendi:
The Minister is the nation's chief due diligence officer on petroleum with all the official inside info as to crude oil reserves and where they're located. He wouldn't be charging Oando to strive towards 100,000 bpd if he didn't know that they're sitting on the assets to do it simply by ramping up operations.
But even Seplat itself wants to rise higher in price but for the constraints of market rule.

Abeg leave naija politicians/government tendencies on anything about truth for now....just follow the money!

yMcy56:
Q1: Morgan did not have an App, but you can fund your account from your Bank App and it will be credited to your trading portfolio in minutes, without sending any mail.
* Just ensure to always quite your CSCS number for any transfer or deposit made.
* To make withdrawal, simply login to your Morgan Capital portfolio and click the "ATM -Withdrawal" button on the drop-down menu......fill the amount you wish to withdraw and submit. You'll get your fund into your bank account before close of biz same day.......the rule is that, you cannot withdrawal same day you make sales.

Q2: Brokerage commission is still 0.50%. Remember there are other fees aside broker's commission.

Q3: Yes. You can use same CHN

Q4: No. Morgan does not offer margin facility for now.

@yMcy56...our in-house data base, you are doing a Yeoman's job!
Please don't get tired....keep up the good work!!

KarlTom:
STANBIC IBTC

https://doclib.ngxgroup.com/Financial_NewsDocs/42096_STANBIC_IBTC__HOLDINGS_PLC-CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE_ACTIONS_SEPTEMBER_2024.pdf

Did you notice this: An Interim Dividend of 2.00 (One Naira Fifty Kobo) per ordinary share of 50 kobo
Hope this is not confusing because I want my complete div o...

RodgersAkpafu:
that's why I just left the post on a cliff hanger like that

However I'll like to add that your point about those living abroad feeling the heat of the fvckerry going on in Nigeria is for real

I see how Nigerians here work extra extra and send loads of money to support financially ailing family members in Nigeria

you will see Caucasian earning 9k less than you per annum
but living a better quality of life that most of these diaspora Nigerians go never see

assuming we didn't have to carry that burden
think of how much better our lives will be

Truth has always been bitter since time immemorial
Las las, we will all be fine in naija!

yMcy56:
Capital NO!
Right Issues and PO that haven't even close yet, talkless of finalizing the paperworks.
Both will close on Sept 9th if there won't be extension again.........while interim Div qualification date is 13th.
Collation from receiving agents may take another one or two weeks after closing date self.

Brutally frank with details!
Always appreciate you - @yMcy56

Guys, please will the Zenith bank Public offer/Rights Issue, qualify for the Interim dividend?
@yMcy56, your help is needed as usual!

Streetinvestor2:
Let me make it clear now.Nobody can make me stop posting here.Then those who think they can shut us down because this is place is the market for thr hunting in penny stock.I know you cannot influence big stocks.If I decide to be on all your cases.i bet you I will make sure you don't see market again.All those yeye call you post here without any analysis to back them up.i will drag the stock like tiger generator and even if it will derail this thread..I sabi all of you.Your target of 20/30% go hard like naija if I start with you guys..One na chairman way no fit ever talk with one side of his mouth. His ia a typical chameleon in all his call.Over my grave to post anything for monetary gain here or manipulate others

Bros, i don do naa......relax small abeg!
My grand father's advise, "Son take it easy with money, for generation to generation will always search for it, find it or not, they will leave for the next generation to continue the search". The illusion of money!

BullBearMkt:
Got this from ChatGPT
"Secure Electronic Technology Plc (NSLTECH) is a Nigerian technology-based company primarily engaged in the lottery and gaming industry. Established on January 3, 2000, and headquartered in Lagos, the company provides infrastructure, technical know-how, and a central database for data and information processing. Its business activities include lottery operations, trivia promotion syndication, and various other gaming-related services.

The company operates within the Consumer Services sector, specifically in the Movies/Entertainment industry, and is overseen by its CEO, Olusoji Oyeyemi. As of the most recent data, Secure Electronic Technology Plc has about 50 employees.

Thanks Bro!
Please anyone with more info should bring it here....for the benefit of those who might want to invest.
Not for me sha....

BullBearMkt:
IS SECURITY ELECTRONIC TECHNOLOGY REVIVING AFTER REJECTION
NSLTECH is one of the small cap enjoying money flow. The stock price got rejected at 0.35 during last week trading; and if the bullish momentum continues, it can possibly rise to 0.75 and above.

PLAN YOUR TRADES AND TRADE YOUR PLANS

Big Bros, NB produces different kinds of beer etc....what does these guys produce if you know?
Note: The FA guys can help please since @BullBearMkt is actually more of TA guru.
DD advised as always...
Cheers!

Agbalowomeri:
He no know whether Mcy na man😂

Chai...this @Agbalowomeri eh!
Even when person no wan comment, una must drag-am out.
OMG!!

Omooloriredade:
As expected, Oando will come out firing on all cylinders to sell what this means and the outlook for the company. This is the way it is done. WT intends to mint this opportunity. Hopefully the long-suffering shareholders are the major beneficiaries.

One other thing that caught my attention was the fact that the signing ceremony was done in London. Pourqoi? My eyes lit up when I read that. Eni is Italian, Oando is Nigerian and there's Transcorp Hilton in Nigeria's capital Abuja. Are they eyeing a LSE listing? A path to carbon neutral upstream production will be essential to getting the Londoners on board. I find they are pretty switched on in the O&G space. I may well be getting ahead of myself here. Pure mindless speculation maybe.

Disclaimer - I'm not suggesting there will be a SP rerate so if you're looking to grow your portfolio, please don't make investment decisions based on my post.

May be for both parties, "The rule of law", is better in London than Abuja/Milan or what do you guys think?

megawealth01:
Explaining things

Naija people ain't seen nothing yet!
Except close relatives, political jobbers and minions, everyone else go see pepper!!
But, here's the thing, it's "When a guy is full of confidence, he is wide open for a sucker punch" - JHC

megawealth01:
FG dey eye that RI and IPO money of my fidelity

Fidelity must be careful as this current FG not joking with any perceived opposition connected business...
Check Heritage, check Unity, you see the animal farm implementation of rules
Bros, let me come and be going!

Picky1:
CUTIX has good management right now and their products have been top-notch for a long time....also good market share.
It could go places if this continues! Well-seated in the bus!
Please do your DD!

Also remember, they just completed a 1 for 1 bonus that has not yet been allocated with a 15k div payment due date for Sept 4!
Always do your DD please!!

megawealth01:
No need to dey watch CUTIX. It is expected to go back to #2 sub

I'll be excited if I get it at sub 2

CUTIX has good management right now and their products have been top-notch for a long time....also good market share.
It could go places if this continues! Well-seated in the bus!
Please do your DD!

[quote author=aj8 post=131618344]“Greed and fear drive the market. Just try not to take either of the two home” .


Aj8


Especially for Traders and more on those ones who don't do DD/TA....not a fan of betting or try your luck!
Meanwhile your common sense strategy is cool...thanks for always sharing, keep it up bro!

emmanuelewumi:
Someone on this thread got in touch with me early this year, he claimed he started invested in the stock market 22 years ago and has about 6 years before he would be due for retirement.

He claimed his portfolio was less than N10 million even after[b] trading[/b] for over 20 years. He made money from the market, but also lost most from the market.


He got in touch with me for assistance on books that could improve his knowledge about the market.

He claimed he introduced the wife to NGX 18 years ago, but the wife got a dividend of over N3 million in 2023 and a portfolio size of almost N40 million

The bolded is the problem plus how much was he trading with?
As for tortoise investors diversification is always key, doing this brings peace of mind!
Once you have excess cash, great stocks will come begging for you at opportune times for buy one and get one free.

emmanuelewumi:
Investment is a marathon and not a Sprint.

It is possible to make a one off return of 100% or 200% in a year , the Koko is the accumulated return over a period of 10 to 20 years

We prefer the Tortoise investment concept...so we SWAN!

Streetinvestor2:
And for some who think I am the type you can silence on this thread.walahi you cry is just starting. I did not have time today..lol

When I was shouting wale come and pay me #20.You didn't exist because I didn't borrow from you to bet on it

You see for oando...e do cast.Oanado is a useless company. And for you that comes with one moniker to make noise as per spiritual on oando and another to market it.Dont go near any bridge because I will talk more about oando tomorrow.

I am not like Peter obi who is a gentleman man to a fault. I am not ready to quote anyone post but if you come to write rubbish on my post.I just laugh how it will go.
Oando is betnaija stock and will everly cast.The signs whr thr today unless you no get eyes

Bros, abeg be calming down!
It's a small world and we are all in this huge floating ship aka planet earth together.
At the end of the day, it's all nothing!

Willie2015:
Anyhow they want to do it....
Na dem sabi...
Let us get a piece of the pie... with our shares..
Thats the koko...

Bros, with this kind of mind set...which is actually what is prevalent in the country thereby creating lots of illegitimate wealth....
Can you see why it will be very difficult for naija to ever make progress if this continues!
No wahala, we keep kicking the can down the road!!

MARKETJJC:
don't take it to heart bro but you know you bleeped/messed up cuz you were driven by selfishness and lack of empathy. You bought oando quietly and sold quietly and thereafter started shouting oando is bad and all that negative energy without number to back it up. That was done in bad Faith and you acted exactly like monkey Hunters that you do attack intermittently. That is where we had issue.

As for standing before you? I think otherwise cuz I fit match you without any lele. Gowon became president at 27years the same thing that Tinubu achieved at 72years .

So pack one side, you be otele

Absolutely unnecessary.....especially considering the difference in age you have just been informed!!!

MARKETJJC:
Closure of register is on 19th and on that date the list of all the people on register will be copied at the close of business. Any person that bought today, his name will appear on that register on 19th(T+3) and it will be copied before business close that day. So any person that bought today is qualified

Remember the weekend is involved as today is 16th.....the 19th of August is Monday!
Anyways let's see how it goes and do inform the forum for next time

megawealth01:
Today is CUTIX date for bonus qualification...

If anyone buys today, will they qualify?

Qualification is doubtful if bought today, considering T+2 or is it T+3.....besides closure of register is on the 19th August.
Stockbrokers/Registrar guys in the house should tell us.

mikeapollo:
I concur 100%.
In fact, Oando's power plant is 930MW, more than double that of Geregu (435MW). Yet, Geregu is selling at N1,000 on NGX (I understand the issue of outstanding shares, earnings and dividend per share etc. may be different)
Add that to its higher oil reserves compared to Seplat, plus its leading role in Renewables etc.

Bros, have you visited the power plant? When was it built, what is the present condition and who are the customers? Insider guy is telling us about plan for bonds listing by Oando which is good but more info is needed to make a better investing decision. It looks like you are an investor please share more info if possible to avoid living on hopeville. Your tenacity is encouraging, please keep it up.
Note: I do not have Oando due to bad experience and don't intend to buy for now.....may be in the future