Ades1:


Alright. I’ll remind you again of the coming doom in another 30 days

Mcy56:

Na the book wey I no come sabi be this ooo.
Bookworms in the house, abeg come enlighten us o.

In the meantime, you can read this, it will give an insight into it.
https://nairametrics.com/2022/03/02/russia-ukraine-invasion-nigerian-stocks-set-to-gain-due-to-high-oil-prices/

Also this:
https://nairametrics.com/2022/03/02/global-oil-prices-soar-above-100-heres-what-it-means-to-you-agunbiade/

Mcy56:
NASCON
Final dividend: 0.40k
Qualification Date: 5th May, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35210_NASCON_ALLIED_INDUSTRIES_PLC%20CORPORATE_ANNOUNCEMENT_CO.pdf

Phlinx:


Thank you so much.

Seplat and Oando should be the main immediate focus.

Phlinx:
Thank you so much.
Seplat and Oando should be the main immediate focus.

Mcy56:

You're right.
Are you planning to buy?
This is not the best time.......just exercise patience.
We've discussed about Oando so much here, just let Oando be for now, don't buy.
Seplat has gone up, you may have to wait for pullback.

On a good day, when things are 'normal' with the country, the time oil price is going up should be a great time in NSE..........but now, we don't know what the problem is with the country, Crude price is going up, no much impact in the market and the economy.

Someone suggested that all past presidents shouldn't just be silent, but should invite Buhari and his crew to a meeting whereby he needs to explain what's actually going on.....

Biafran4life:
Do you know that this useless government was using low price of crude oil all this time as a reason of not performing .The accused pdp of doing nothing when crude price was in her favor.I am shocked now to hear this government now saying even with the high price in crude we should expect nothing good.Apc is is full of lies.Not even excess crude account being funded

Mcy56:
Chai!!! Today red small oo....
Access and UBA people never see result, dey don dey fear already....
I Blvd normalcy will be restoring gradually.......
Funny thing is that, those rushing out may again start rushing back in....... we've seen this many times in this market.
We see how tomorrow goes again......by God's grace.....
I'm sure bargain and dividend hunters are rejoicing now.........good thing is: crude oil is still going up, so there's much hope for the market.
Also, there were lots of picks on the floor today, meaning bargainers are picking too..

Make you no vex for my commentary, and if you vex, jump pass am, I no direct am to you.

Biafran4life:
Do you know that this useless government was using low price of crude oil all this time as a reason of not performing .The accused pdp of doing nothing when crude price was in her favor.I am shocked now to hear this government now saying even with the high price in crude we should expect nothing good.Apc is is full of lies.Not even excess crude account being funded

Nigerialabalaba:


oga mi, abeg no derail stock market thread here wit ur politics of tribal bigotry , bad unpatriotic mind and hatred for Buhari and Naija. Dis na Nigerian platform for Nigerians abeg.

@aunty mcy, na lie God no want o. If alakowes like una dey say una no sabi were our oyel money dey go, mama, na lie.U sabi am.

Na oyel companies and some Nigerians wey dey enjoy free subsidized petrol dey chop oyel money now,no be govt sef.

Oando sef join chop for inside and anyone wey no buy oando na hin go lose las.

For yesterday, i full my tank with less than $20 equivalent of naira. U see ehn, to full dat same car for US wey even dey sell over 12 million barrels of oil daily , e go cost me over $50, almost 3 times wetin I pay for Lasgidi here. Conscience sef no gree me to full another car sef. Why govt go dey dash me petrol to full my car tank no make sense aswear2gud.
Dis subsidy tin na fraud and crime against poor people . Make Government scrap am or reduce am before dem allow oyel companies and people wey beleful quench poor people finish for Naija. Even wen I no dey Naija,I dey pay full money on top fuel so why I go con dey Naija dey enjoy free petrol. E no make sense at all make i no lie.

Any pesin wey dey look for bonanza, make hin go buy cheap oil stock wey get sense like Ardova join one company wey do almost 100% gross profit last quarter. Abeg no ask me d name of d company o as I no want people say I dey do monkey hunting.
Igi pawpaw o ni wo pawa o

Mcy56:
Chai!!! Today red small oo....
Access and UBA people never see result, dey don dey fear already....
I Blvd normalcy will be restoring/returning gradually.......
Funny thing is that, those rushing out may again start rushing back in....... we've seen this many times in this market.
We see how tomorrow goes again......by God's grace.....
I'm sure bargain and dividend hunters are rejoicing now.........good thing is: crude oil is still going up, so there's much hope for the market.
Also, there were lots of picks on the floor today, meaning bargainers are picking too..

Make you no vex for my commentary, and if you vex, jump pass am, I no direct am to you.

GANDALF1:


No need reminding me in 30days sir. We no dey do competition

I hope the smart ones have started buying a great prices today.

More to come

atere4ever:
Hoping ETI price will not continue tanking

Nigerialabalaba:

For yesterday, i full my tank with less than $20 equivalent of naira. U see ehn, to full dat same car for US wey even dey sell over 12 million barrels of oil daily , e go cost me over $50

Mcy56:
NGXGROUP
Very disappointing if this stock won't eventually pay dividend despite the profit made......
I've just been checking to see a corporate action, thinking maybe they omitted it in the financials......
Will be interesting to know the interests of the investors staking huge amount here.......and taking position........
Anyway, if dividend isn't forthcoming, price appreciation should do, will continue to be food for jijoists....

gbengafaro1986:
no dividend declared ma...its in page 7 item L in the audited report

Mpeace:
Lol. U harsh oh. This your reply na another level of savage. E big pass stone. In short I dey vex with u. Why should u add Ma? Mcheeee

yMcy56:
NGXGROUP
Sooooo,this stock was able to level the mountain at KM25 yesterday, to be trading above it.
The N100M only that picked that 4M units though!!

**NB** Pls do not take as any form of advice if you didnt enter when it went down to 20 & below. No sole individual control this market**

Mcy56:

Lol.
No savage reply can get to me.
People wey sabi road made huge profits in NGXGROUP..........and went on nothing less than 3 trips........people wey follow the money....
When they're first listed, when it pulled back in few occasions.......
Can categorically remember when I said anyone that didn't enter at 20 or below should not bother to try am.
So, won't even feel somehow cos na NSE we dey nah......and no be me dey buy with billions of Naira.

moneymanager:


Over $50 chai, Why now?
There are gas and diesel pumps in the USA
Gas has three prices and usually $20 - $35 at the most (and diesel falls in that category also) will fill your tank (the higher range is even for higher grade gas not like naija)

Pls let’s not embellish reality

Nigerialabalaba:


oga mi, abeg no derail stock market thread here wit ur politics of tribal bigotry , bad unpatriotic mind and hatred for Buhari and Naija. Dis na Nigerian platform for Nigerians abeg.

@aunty mcy, na lie God no want o. If alakowes like una dey say una no sabi were our oyel money dey go, mama, na lie.U sabi am.

Na oyel companies and some Nigerians wey dey enjoy free subsidized petrol dey chop oyel money now,no be govt sef.

Oando sef join chop for inside and anyone wey no buy oando na hin go lose las.

For yesterday, i full my tank with less than $20 equivalent of naira. U see ehn, to full dat same car for US wey even dey sell over 12 million barrels of oil daily , e go cost me over $50, almost 3 times wetin I pay for Lasgidi here. Conscience sef no gree me to full another car sef. Why govt go dey dash me petrol to full my car tank no make sense aswear2gud.
Dis subsidy tin na fraud and crime against poor people . Make Government scrap am or reduce am before dem allow oyel companies and people wey beleful quench poor people finish for Naija. Even wen I no dey Naija,I dey pay full money on top fuel so why I go con dey Naija dey enjoy free petrol. E no make sense at all make i no lie.

Any pesin wey dey look for bonanza, make hin go buy cheap oil stock wey get sense like Ardova join one company wey do almost 100% gross profit last quarter. Abeg no ask me d name of d company o as I no want people say I dey do monkey hunting.
Igi pawpaw o ni wo pawa o

Nigerialabalaba:


oga mi, abeg no derail stock market thread here wit ur politics of tribal bigotry , bad unpatriotic mind and hatred for Buhari and Naija. Dis na Nigerian platform for Nigerians abeg.

@aunty mcy, na lie God no want o. If alakowes like una dey say una no sabi were our oyel money dey go, mama, na lie.U sabi am.

Na oyel companies and some Nigerians wey dey enjoy free subsidized petrol dey chop oyel money now,no be govt sef.

Oando sef join chop for inside and anyone wey no buy oando na hin go lose las.

For yesterday, i full my tank with less than $20 equivalent of naira. U see ehn, to full dat same car for US wey even dey sell over 12 million barrels of oil daily , e go cost me over $50, almost 3 times wetin I pay for Lasgidi here. Conscience sef no gree me to full another car sef. Why govt go dey dash me petrol to full my car tank no make sense aswear2gud.
Dis subsidy tin na fraud and crime against poor people . Make Government scrap am or reduce am before dem allow oyel companies and people wey beleful quench poor people finish for Naija. Even wen I no dey Naija,I dey pay full money on top fuel so why I go con dey Naija dey enjoy free petrol. E no make sense at all make i no lie.

Any pesin wey dey look for bonanza, make hin go buy cheap oil stock wey get sense like Ardova join one company wey do almost 100% gross profit last quarter. Abeg no ask me d name of d company o as I no want people say I dey do monkey hunting.
Igi pawpaw o ni wo pawa o