₦airaland Forum

Agbalowomeri:
How ChatGPT take know say na late-bull we dey?

ChatGPT might have peep into your script

awesomeJ:
Merry Christmas everyone!

Merry Xmas.
I quite agree with you that our market is very shallow and there is need for SEC and NGX to do more to increase depth.
However, I am still wondering why you are not putting this your knowledge and expertise into use in other jurisdictions where we have the sophistication and instruments you are looking for, the global stock market, crypto , volatility index and the likes.

Agbalowomeri:
Na like this Ololo take start o

Na bull market we dey, make people enjoy it while it last

awesomeJ:
@Mankind2024.

You should add the core factor to this first bank story you've been writing.

Many posts on it, yet not once have you mentioned Otedola's acquisition drive.

You make it seem like the only reason the stock has been climbing is cos it's solid.

That's not a complete story, in fact it's almost misleading.


If you think Access will have the same jump in the next 18 months solely based on results, you might be very wrong.


Some people take what you write very seriously, you shouldn't leave out core contexts like that.

FIRSTBANKHOLDCO has not only been lagging behind in dividend payments but also on other key investment metrics.
I want to believe it is in other if one sells off his/her holding in a company that has been lagging behind in key investment metrics.
The major thing pushing the price up is the Ote$ factor, the bank is still behind in financial solidity.

awesomeJ:
Yes.
Dangote currently does about 4x seplat's volumes.

So as long as seplat's margins are more than 4x DR's they will have bigger earnings.


DR has the FZE advantage though, while SEPLAT still has to battle taxes (higher taxes at least).


@mikeapollo

There is the probability that DR might not be profitable yet...

ositadima1:
You can see it as half full or half empty, depending on which side you’re on. I guess you’re on the pessimistic side, so let me engage you.

I think they are "close". The offer has been below its market value for quite a while, even throughout the initial offer period. That suggests the public is not as pessimistic; otherwise, the traded share price would have fallen below the ₦12.50 offer long ago, especially given that it has averaged about ₦172 million in daily turnover over the last 20 days.

That said, I also admit that raising ₦235 billion is not easy in the current climate.

I don't just trust those guys, they are in the same category with OandO in my opinion.
It is all about forward looking statements.

Come and buy what we are selling

https://www.thecable.ng/ellah-lakes-the-final-window-to-invest-in-nigerias-integrated-agro-industrial-transformation/

Agbalowomeri:
Many still dey buy Oando o

They are all gamblers.

Mankind2024:
The momentum that greeted the suspension lift by the NGX was what drove investors to board the Aso Savings train, and no one saw the breaking news coming.
The odds of double-digit profit were in their favour.
I'm sure you would have mentioned it here if your crystal ball or instrument was 50% predictive of the delisting and liquidation.

NB: I never had a zero unit of Aso Savings.

Any financial institution with a negative equity should be a no no for an investor.
Those that bought ASO savings on NSE this Year are purely gamblers.

Divineability:
Geo-Fluids
I received a notice of General Meeting of Geo-Fluids plc from PAC Registrars. Out of curiosity, I clicked an accompanying link, and that took me to the detailed notice of the GM for the presentation and approval of their audited financials, I think from 2012 or so, to 2024. The notice also is full of forward-looking statements, including movement from nasd to ngx, recap etc.
I hope village winch are not at work again. Not investment call (NIC).

So you get Geo-Fluids experience and you are still buying another dead stock in Aso savings.

Divineability:
I had to sweat it out to get the stock to buy, as it was always on full bid. The day my bid was filled was the day it made its first loss. Before I knew it, suspension followed. And now finally, licence revoked!
Looking like I'm being targeted.

You are really being targeted
The village people on your case are really strong

Mankind2024:
@Pluto, it's not your fault, and village people are not to be blamed. This can happen to anybody. I had a similar experience with the defunct Intercontinental Bank.

I had already written the money off years back when they were not producing any financial statements to the public.
Don't just know why cbn did not revoke their license then. Why waiting for aso to raise our hope before the sledge hammer

Agbalowomeri:
Don't worry NDIC go settle una

😂
With that big negative shareholders fund

Agbalowomeri:
They should have sold by now

How would they have sold?
My school fees money on this one has finally entered bush🤑
I thought I would be able to recoup my money when the suspension was lifted some months ago but village people no gree me sell until the undertaker came.

Agbalowomeri:
Next is ACEESS

That is an expensive joke.

Raider76:
Dangote offers dollar dividends to lure investors to refinery IPO

https://businessday.ng/news/article/dangote-offers-dollar-dividends-to-lure-investors-to-refinery-ipo/

Either dollar or naira, the dividend yield is the most important thing.

bolaayenimo:
If you have spare funds, position it in FCMB and Jaiz bank

What is the OS for FCMB now if I may ask?

yMcy56:
This is a very wrong assumption about this thread...
If the bolded is your reason for coming to this thread, then I think you would do well in entertainment/joke section.
I'm sure those that have benefitted and are still benefitting, especially in the earlier pages wouldn't agree with you on this.

You have always been sincere and selfless with your contribution.
The likes of CP, BBM, Sunrisepebble, aj8 among others are also selfless.

mikeapollo:
Lol.
Why acknowledge the positive contribution of ''Prof.'' and you still give am ''jab'' like that?
We may not be there to help when he ''opens dictionary and encyclopedia'' for your head ooo

He is a deep thinker, I always enjoy his contributions

essentialone:
How come you know another person who is selfless on the platform, but do not know if you yourself are selfless on the platform. Or are you not. If you are not, why naa? E good like that?

He doesn't need to mention his own name, others can do that.
He is one of those who adds quality to the discussion on the forum though his arrogance can be a put off sometimes.

Agbalowomeri:
Analyst is tired of market inactivity

And analyst must adduce reason to market inactivity by fire by force

Agbalowomeri:
You get time o
A stock price obviously being manipulated
What about JULI

It is the kind of narrative that makes people believe they can just buy any stock and make money once they can wait it out .
It is nothing but pure luck

mikeapollo:
The ''market'', in this instance, are the individual owners of the rights, hence they have to sell the ''rights'' to those willing to buy from them.

I think the guy just doesn't see any reason why someone should go and pay to buy a right to own the share of a company when the same is available at a cheaper price on the exchange.
I equally share the same sentiment.

Mfunkynation:
It's so pathetic what I am passing through in the hands of Meristem!
I sold my one of my shares on November 20th 2025, but uptil today the funds hasn't reflected in my trading account neither has it drop in my bank account..
I have sent mails to meristem concerning the issue 3 days ago,, but no reply or feedback from them..
What else should I do?

Send them another mail, I am surprised you said they didn't reply you..
They are always responsive though their system can be proned to some nagging errors.

awesomeJ:
Yes sir.
But the stock market also has underlying fundamentals unlike Bitcoin that is showing me shege 😁😁

If companies keep growing their earnings, their valuations can keep rising sustainably hence we can have sustainer bulls.

That's my point.

Except for times when the market gets overpriced and we expect corrections.

But nothing says bulls cannot be perpetual if earnings keep rising.

Yes, that is a major difference between crypto and stocks , the underlying business and numbers behind the quoted price.

awesomeJ:
😀😀😀 True.

7% loss in one month, and bear hasn't started?

How much loss are you expecting?

No be every time market go do wild crash na.

Average PE is still below 10, so these price levels should be sustained or even elevated.


I reiterate that the market will find support above 140k.

I don't bother myself predicting the direction of the market.
I just know that stock markets operate in a cycle,bull-bear.
We have been experiencing bull for the past 3 years, while it is possible for the bull run to continue,I also know it is possible for the bear to take charge.

awesomeJ:
9 pages of NSEMPA comments on August 1st.
December 1st: 3 pages.

Bear has confused all the analyses 😂

Na normal thing.
Bull equals noise and excitement.
Some are already nursing their wounds even though the bear has not yet started.

ppogba:
They are the undisputed worst.
Don't be deceived by the SMS rainfall.

If you have ever encountered them before, they may need a decade to convince you that indeed, they have changed from worst to worse in the first instance.

I think veritas should be the worst.