If you have shares in MRS, now you can apply for MRS Scholarship for only your children in secondary schools, and universities.

https://www.mrsoilnigplc.net/documents/Shareholder's%20Child%20Application%20Form_Fillable.pdf

https://www.mrsoilnigplc.net/documents/2023%20Application%20Guidelines%20For%20MON%20PLC%20Shareholders%20Children.pdf

Time to mop up MRS shares. Rally loading...

Who's the substantive Minister of Petroleum? What's the difference between him and Oando? I laugh in Kanuri?

Mpeace:
Don't worry. Tomorrow will tell.

Read the last paragragh. You think ministerial approval can be obtained in a situation where there are objections by other parties?

May the fearful sell so that we can load more. #Oando

crownprince2017:
Good evening everyone and thanks for information over the years.
I have some problems which I will like the gurus in the house who have achieved what I want to achieve to help me out and possibly to mentor me
I am a newbie to stock market trading, I started following this thread in 2019, at that time I was having 2m plus to invest but after alot of information here and in other places, I discovered I need to learn first, so I started learning by reading different books, listening to different podcast on investing then I felt like launching into stock in 2020 especially during lockdown but I remembered a quote from warren Buffett, he said if you cant hold a stock for 10years don't hold it for 10 minutes, then I keep looking for more information, as an entrepreneur I discovered how to earn again which quickly helped me to increase my Capital to 3m plus then I sat down to ask myself some financial questions; what type of investor I want to be and does it align with my goal s and my answers was I wanted to be a value investor so I did some maths with the money I can afford to trade stocks at that moment then I discovered it will take me much more time to achieve something tangible compared to other alternative things I can use the money for so I had to buried the I dea to hassle more to increase the capital but today I can tell you that I have grown the money to15m plus which I believed will give me a good start.
I discovered that opportunities presents itself in the stock market at the beginning of the year which I am waiting for and below are the steps I have taken.

I have one broker account with coronation and also wished to open with yocha.

Here are my questions
Do you think it's time launch into stock market?

Can you suggest to me the companies that align with my investing ideology

Do you think that is the best ideology for me now?

I am willing to invest for atleast 20 years with a projection of atleast 10-20 ROI on my stocks annually.

From my studies I believed if you are value investor, there is lower probability of losing money, it's time value could be lost instead is my ascertion correct .

Plus I will like PA Emma, ymcy56, sir Loko and current price to mentor me personally as I have some personal questions which I cant ask on the public forum.

Plus in 2019 I tried to seek help from madam ymcy56 and sir Loko and others but they didn't give me that listening hears that time, but I hope it will change this time around.

I even mailed current price some days ago but he is yet to reply my mail up till now.

Thanks to everyone again.

You should have started in 2019. You don't need to start with the N2 million with you. You could have started with 100k, and then continue to hustle with what you have left, but you will need to add funds to your investment capital.



I might be wrong, but I guess you are now considering investing in the stock market because of the current bull market.


Since you hope to be in the market for 20 years, start with 500k or N1 million but don't use the total fund with you ie N12 million until you have mastered the game



There is no point getting across to anyone personally,the information shared here is enough.


Be careful, the street is not smiling. This is Nairaland, you will be surprised at the number of private messages you will get from random people on how to turn your N12 million to N100 million in 12 months.

Mpeace:
Fire on the mountain. Tomorrow na tomorrow.
I am waiting for someone to come here and tell us how he sold all of his holdings today at maximum profit.

Surprised you easily fall for this cheap propaganda from NNPCL.
No be today dem dey say opposite of what they do nah.

ENI already signed agreement with OANDO on this deal.
* How is it possible for NNPC not to be aware or involved in this process from the onset?
* While signing the agreement, is it possible for a representative of NNPC and relevant govt body not to be present?

** Pengassan was reported to be aggrieved because they were not carried along......If the deal wasn't done yet, why will Pengassan be threatening strike?

* As for Ministerial approval, how are we sure the relevant minister wasn't aware and gave his consent? And how will the approval be difficult if the President wades into the matter?

** Please note that I'm just looking at the obvious here and not supporting or opposing OANDO.

In fact, even if I wasn't interested in OANDO before, I'll buy tashere units today with amount I can afford to lose based on this.

https://www.eni.com/en-IT/media/press-release/2023/09/eni-signs-agreement-sell-naoc.html

https://newtelegraphng.com/pengassan-threatens-shutdown-over-sale-of-naoc-eni-nigeria/

crownprince2017:
Do you think it's time launch into stock market?
Can you suggest to me the companies that align with my investing ideology
Do you think that is the best ideology for me now?

I am willing to invest for atleast 20 years with a projection of atleast 10-20 ROI on my stocks annually.

Plus I will like PA Emma, ymcy56, sir Loko and current price to mentor me personally as I have some personal questions which I cant ask on the public forum.

Plus in 2019 I tried to seek help from madam ymcy56 and sir Loko and others but they didn't give me that listening hears that time, but I hope it will change this time around.
I even mailed current price some days ago but he is yet to reply my mail up till now

* While looking for information, it's obvious you never look for information on this thread!
Because if you did, you won't ask those questions, especially with the time you said you stumbled on this thread, 2019/2020.
Most of my ogas and those of us you mentioned have been very active on this thread till date, dishing out various vital info.

For instance, in 2020 when ZENITH went as low as 10.70 due to COVID-19 issue, Oga RabbiDoracle and my other ogas were here telling us how investing in ZENITH, GT and quite a lot of other stocks were very cheap and would be very rewarding.
Today, the rest is history.

As for sending PM, I usually reply most PMs......but I reduced it to monikers I'm familiar with on this thread because if I replied, they won't get back again or will get back with something completely different, which I may then ignore or reply as the case may be. I've said it before here.

If you're following this thread, read past pages and ask questions, you may not need any personal tutelage again, especially since you're in that line already.

Mfunkynation:

Am using both, but I prefer Morgan Capital cos of their itrade platform. You can just key in a particular amount you want to invest in a stock press the £ symbol and it will calculate the quantity nd all charges for you which makes it easy. But meristem platform is not so. You have to calculate everything by yourself

Please where can I download Morgan itrade app?

Thanks

yMcy56:

Surprised you easily fall for this cheap propaganda from NNPCL.
No be today dem dey say opposite of what they do nah.

ENI already signed agreement with OANDO on this deal.
* How is it possible for NNPC not to be aware or involved in this process from the onset?
* While signing the agreement, is it possible for a representative of NNPC not to be present?

** Pengassan was reported to be aggrieved because they were not carried along......If the deal wasn't done yet, why will Pengassan be threatening strike?

* As for Ministerial approval, how are we sure the relevant minister wasn't aware and gave his consent? And how will the approval be difficult if the President wades into the matter?

** Please note that I'm just looking at the obvious here and not supporting or opposing OANDO.

In fact, even if I wasn't interested in OANDO before, I'll buy tashere units today with amount I can afford to lose based on this.

https://www.eni.com/en-IT/media/press-release/2023/09/eni-signs-agreement-sell-naoc.html

https://newtelegraphng.com/pengassan-threatens-shutdown-over-sale-of-naoc-eni-nigeria/

Madam Mcy, please any reasons for Omatek plc sudden 10, 10% movement. Thank you.

Bukkydudu:



Please where can I download Morgan itrade app?

Thanks

Morgan don't have app. Log on to their website and do your business.

@Crownprince2017.

yMcy56:

* While looking for information, it's obvious you never look for information on this thread!
Because if you did, you won't ask those questions, especially with the time you said you stumbled on this thread, 2019/2020.
Most of my ogas and those of us you mentioned have been very active on this thread till date, dishing out various vital info.
If you're following this thread, read past pages and ask questions, you may not need any personal tutelage again, especially since you're in that line already.

TLDR: It takes and will take years of reasonable fine tuning. Btw, keep doing whatever you are doing to have raised such funds. If you don't like it you may scale down to ensure you don't turn off the faucet completely. Split funds to Money market funds : Equity (Depends on your reasonable risk assessment). Definitely have skin in the game with amount if you lose overnight, you aren't losing sleep over it. Read through Treasury bill thread , Mutual funds thread. They are like subsection of NSEMPA that will help you see a better picture of what the big guys that have a pulse on/in the market are thinking. Bon Chance!!!

I. adding a bit of bouillon to the stew cooked by EEwumi and Mcy. Bro or sis nothing beat scavenging this thread. If you can't start from page 1 then pick 2020 as your starting point because your money depends on it, it helps you sieve through the evaluating your risk appetite as a Value investor. start small ( figured EEWumi touched on that).

II. WHile you are seeking opportunities to get in the stock market, to avoid FOMO (Fear of missing out) Treasury Bills and Mutual funds threads is/are your friend. (Bro/SIS Go through those threads. will suggest 2012-2017 timeline for Treasury bills is prime time Explain like i am 5years old on treasury bills

III. The yield (MMF) is not much to write home about, but at all at all na nothing, you can choose Money market Mutual funds as your high yield savings account pending time you are interested to go balls deep whenever the market gives such opportunity.

IV. little suggestions on stocks to keep eyes on viz: Follow the top 2-3 companies in the following sectors at all times as a long term investor: Food (Agriculture, consumer good ), Manufacturing (construction ,real estate), Energy ( oil/gas exploration, electricity), Please this are pointers for education purpose to run your numbers and study their annual reports, this by no means is exhaustive.

1.Food: BUA FOODS, DANGOTE Sugar/FOODS (currently in euphoric mode.),
1b Agro-allied: Flour Mills , OKOMU OIL
1c Consumer Goods: PZ (with delisting on horizon, may be listed or not so no point mentioning it)

2. Cement Manufacturing : Dangote, BUA, WAPCO

3. Construction: Jberger.
4.Real estate: UPDC vs UPDC REITS (Personal Preference is UPDC . not a recommendation) , Abbey buldings ( this is akin to penny stock. value in this company is gradually coming to light.It's a Mortgage financing play.This is solely on the team to deliver or this will just be story of potential ).

5. ENERGY (Oil & Gas): SEPLAT, TOTAL, CONOIL (prefer due to its exposure to Telcommunication sector as a major shareholder in Globacom)

5b Energy (Power Generation) : Transcorp and GEREGU.

6.Financial institution: Access, GT, Zenith (registrar is useless when it comes to documentation, maybe that changes in the near term), UCAP, Sterling is an honorable mention
7. Telcommunication: MTNN

edwardaigb:


Madam Mcy, please any reasons for Omatek plc sudden 10, 10% movement. Thank you.

As a person currently on OMATEK ride, I can tell you that the reason for its 10% daily movement is almost all about SA.
Details have been repeatedly given here on what SA means and the factors which underlie it.
I could get out of OMATEK today anyway.

welkome back from sabbatical @ Locotrader . Abeg no dey vex like this oh, the information however we may disagree with one another, this is another way of passing down info to the next generation. This is a way of nation building for the next generation.Please think of this when you want to be pissed off to delete your account.. Stay blessed !!!

crownprince2017:
Good evening everyone and thanks for information over the years.

If you've been on this thread for that long, you have seen opportunities pass you bye. I'd say with such funds you boast of, you could walk into your bank and suggest to buy a FG bond and use the proceeds to play the stock market. Perhaps, you get more time to learn before your first tranche comes in.

My 1 cent low risk assest

Electricity Tarriff
* For TRANSCORP faithfuls....

https://sunnewsonline.com/nerc-hikes-price-of-electricity-meters-by-40/

edwardaigb:
Madam Mcy, please any reasons for Omatek plc sudden 10, 10% movement. Thank you.

My Oga answered you already....
No known reason for now.......except SA and possibilities of any good news surfacing because of the industry it belongs.......

yMcy56:
Electricity Tarriff
* For TRANSCORP faithfuls....

https://sunnewsonline.com/nerc-hikes-price-of-electricity-meters-by-40/

I believe it's metre price that went up and not tariff

Transcorp doesn't produce metres

yMcy56:

Surprised you easily fall for this cheap propaganda from NNPCL.
No be today dem dey say opposite of what they do nah.

ENI already signed agreement with OANDO on this deal.
* How is it possible for NNPC not to be aware or involved in this process from the onset?
* While signing the agreement, is it possible for a representative of NNPC and relevant govt body not to be present?

** Pengassan was reported to be aggrieved because they were not carried along......If the deal wasn't done yet, why will Pengassan be threatening strike?

* As for Ministerial approval, how are we sure the relevant minister wasn't aware and gave his consent? And how will the approval be difficult if the President wades into the matter?

** Please note that I'm just looking at the obvious here and not supporting or opposing OANDO.

In fact, even if I wasn't interested in OANDO before, I'll buy tashere units today with amount I can afford to lose based on this.

https://www.eni.com/en-IT/media/press-release/2023/09/eni-signs-agreement-sell-naoc.html

https://newtelegraphng.com/pengassan-threatens-shutdown-over-sale-of-naoc-eni-nigeria/

Only time will tell. I just hope we dont misplace tinubu's love for his nephew with his love for oando shareholders.

Will the market react to the Tribunal Victory of PBAT or the victory is already priced into stock prices. ?
Think more like the victory is already priced in and the gradual journey up will continue.

How will the touted upcoming investments lining up from India affect the market. ?
I think it will support the economy and the gradual recovery of the Stock market. I see Naira bonds going down gradually in the coming months in yields as the government borrow less especially at unsustainable high interest rates. A dilemma between allocating funds to lock-in high bond income levels right now and the opportunity cost of missing on the gradual rise of the stock market

ProphetUtuocha:
Who's the substantive Minister of Petroleum? What's the difference between him and Oando? I laugh in Kanuri?

Although I'm heavily in Oando but...

Mpeace:
Only time will tell. I just hope we dont misplace tinubu's love for his nephew with his love for oando shareholders.

Words on marble..
Time will really tell indeed

yMcy56:
Electricity Tarriff
* For TRANSCORP faithfuls....

https://sunnewsonline.com/nerc-hikes-price-of-electricity-meters-by-40/

That’s the price of the meter not tariff sha, I don’t think tariffs would rise soon

Somebody should wake me when OANDO gets to #200.

Time frame= 7mths from now by then we should expect our 1st dividend since the past 10ys.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Omo! I go fire my boss ASAP

emmanuelewumi:



Wetin go happen, if you come get 500k dividend from a stock. Wey be say na the alert wake you up when you are about getting ready for work.

Deadlytruth:

As a person currently on OMATEK ride, I can tell you that the reason for its 10% daily movement is almost all about SA.
Details have been repeatedly given here on what SA means and the factors which underlie it.
I could get out of OMATEK today anyway.

Thank you.

https://nairametrics.com/2023/09/06/pz-cussons-minority-shareholders-reject-n21-share-acquisition-offer/?amp=1

21 Naira is an insult, just 23m pounds to buy out shareholders after they’ve asset stripped the company, first sold nutricima to Friesland and sold its residential properties for 9 billion last year hmm. They also had 52 Billion in cash at the end of 2022.

Thank you

Hogwarthtrades:
@Crownprince2017.

TLDR: It takes and will take years of reasonable fine tuning, between Keep doing whatever you are doing to have raised such funds , if you don't like it you may scale down to ensure you don't turn off the faucet completely. Split funds to Money market funds : Equity (Depends on your reasonable risk assessment). Definitely have skin in the game in the market with amount that if you lose overnight, you aren't losing sleep over it. Read through Treasury bill thread , Mutual funds thread. They are like subsection of NSEMPA that helps you see a better picture of what the big guys that have the pulse on the market are thinking. Bon Chance!!!

I. adding a bit of bouillon to the stew cooked by EEwumi and Mcy. Bro or sis nothing beats this scavenging this thread if you can't start from page 1 then pick 2020 as your starting point because your money depends on it, it helps you sieve through the evaluating your risk appetitte as a Value investor. start small ( figured EEWumi touched on that).

II. WHile you are seeking opportunities to get in the stock market, to avoid FOMO (Fear of missing out) Treasury Bills and Mutual funds threads is/are your friend. (Bro/SIS Go through those threads. will suggest 2012-2017 timeline for Treasury bills is prime time Explain like i am 5years old on treasury bills

III. The yield (MMF) has been not much to write home about, but at all at all na nothing, you can choose Money markets Mutual funds as your high savings account pending time you are interested to go balls deep whenever the market gives such opportunity.

IV. little suggestions on stocks to keep eyes on:Follow the top 2-3 companies in the following sectors at all times as. a long term investor: Food (Agriculture, consumer good ), Manufacturing (construction ,real estate), Energy ( oil/gas exploration, electricity), Please this are pointers for education purpose to run your numbers and study their annual reports, this by no means is exhaustive.

[b]1.Food: BUA FOODS, DANGOTE Sugar/FOODS (currently in euphoric mode.),
1b Agro-allied: Flour Mills , OKOMU OIL
1c Consumer Goods: PZ (with delisting on horizon, may be listed or not so no point mentioning it)

2. Cement Manufacturing : Dangote, BUA, WAPCO

3. Construction: Jberger.
4.Real estate: UPDC vs UPDC REITS (Personal Preference is UPDC . not a recommendation) , Abbey buldings ( this is akin to penny stock. value in this company is gradually coming to light.It's a Mortgage financing play.This is solely on the team to deliver or this will just be story of potential ).

5. ENERGY (Oil & Gas): SEPLAT, TOTAL, CONOIL (prefer due to its exposure to Telcommunication sector as a major shareholder in Globacom)

5b Energy (Power Generation) : Transcorp and GEREGU.

6.Financial institution: Access, GT, Zenith (registrar is useless when it comes to documentation, maybe that changes in the near term), UCAP, Sterling is an honorable mention
7. Telcommunication: MTNN[/b]

yMcy56:

My Oga answered you already....
No known reason for now.......except SA and possibilities of any good news surfacing because of the industry it belongs.......

Thank you.

OANDO
* Too many transactions within few minutes of market opening......
- The lowest it went was 7.10 so far ....
- Now selling btw 7.50 /7.60 range....7.70.......7.85.....7.55...7.65.....7.40......7.10.....7...


** Caveat: Not any form of advice**

Why is the price of Cadbury and Guinness going up and up?

I think NASCON looks attractive compared to Dansugar based on the announced share exchange ratio.

yMcy56:

Surprised you easily fall for this cheap propaganda from NNPCL.
No be today dem dey say opposite of what they do nah.

ENI already signed agreement with OANDO on this deal.
* How is it possible for NNPC not to be aware or involved in this process from the onset?
* While signing the agreement, is it possible for a representative of NNPC and relevant govt body not to be present?

** Pengassan was reported to be aggrieved because they were not carried along......If the deal wasn't done yet, why will Pengassan be threatening strike?

* As for Ministerial approval, how are we sure the relevant minister wasn't aware and gave his consent? And how will the approval be difficult if the President wades into the matter?

** Please note that I'm just looking at the obvious here and not supporting or opposing OANDO.

In fact, even if I wasn't interested in OANDO before, I'll buy tashere units today with amount I can afford to lose based on this.

https://www.eni.com/en-IT/media/press-release/2023/09/eni-signs-agreement-sell-naoc.html

https://newtelegraphng.com/pengassan-threatens-shutdown-over-sale-of-naoc-eni-nigeria/

The agreement was already done and dusted way before the presidential election. They obviously had to delay announcement for obvious reasons.