moneymanager:

Seems you just love bearish trends. Anyway, the market now seems exactly your way.

crownprince2017:
I don't know may be it's curiosity, but I keep asking myself what will happen to banks if naira appreciates significantly which I think is possible by first quarter of next year. I will appreciate your sincere opinions.

Emmanuelwunmi, you are yet to reply my email sir, kindly do.
My email is crownprince2017@gmail.com
I just need your opinion on few things regarding presco, I did some TA which I will like you to see, thanks for your encouragement.

Thanks.

I am not a TA person, with the growth potentials of Presco it is a N300 stock


The lower you get it at N210 and below the better

crownprince2017:
I don't know may be it's curiosity, but I keep asking myself what will happen to banks if naira appreciates significantly which I think is possible by first quarter of next year. I will appreciate your sincere opinions.

Emmanuelwunmi, you are yet to reply my email sir, kindly do.
My email is crownprince2017@gmail.com
I just need your opinion on few things regarding presco, I did some TA which I will like you to see, thanks for your encouragement.

Thanks.

The more the dollar appreciate massively the more the need for Recapitalization in the Banking sector, as at this phase this can no longer be avoided. This means there will be more merging and folding up taking place soon.

On the other hand, some banks are set to enjoy some massive profits from this recent dollar rise. Though, this depends on the action of the federal government.

Ta lo laya kowa wo

OOOOO

Who get mind make hin come enter

OOOOO

Neverlosemoney:

The more the dollar appreciate massively the more the need for Recapitalization in the Banking sector, as at this phase this can no longer be avoided. This means there will be more merging and folding up taking place soon.

On the other hand, some banks are set to enjoy some massive profits from this recent dollar rise. Though, this depends on the action of the federal government.

The banks don't use black market rate to report their earning. If there will be any appreciation, that might likely have much effect on the black market than the official rate so I don't think banks will be affected that much.

For those looking for WHERE to HIDE their OANDO loots.
UBA is now available #16.40k.

4 weeks from we should EXPECT another SUPERLATIVE FX REVALUATION induced RESULT.

And by this TIME next Friday we should be JOLIFICATING with our INTERIM dividend.

BARGAIN HUNTERS TAKE NOTE!

robobo:
Ta lo laya kowa wo

OOOOO

Who get mind make hin come enter

OOOOO

Interestingly, Oando will open @ 7.07k on Tuesday, same price the company is proposing to shareholders for delisting.
The company is unpredictable and full of drama. Anything can still happen. The only thing sure is that oando cannot go lower than N5. Alternatively, it can still go higher than expected. Never say never when it comes to oando.

If i talk about newbies learning the ropes and not just seeking for stockpicks, they will say im proud. Experience and research matters alot.

If not for greed or gamble, why will you put all your fund into oando that has no financial result to base investing decision on.

Lets say he bought 32m naira worth of oando at high of 15naira. With the fall, he will still have like 16m. Just that he hasnt gotten a buyer to sell to.

undead:
I am very sad. I lost a lot of money in Oando. I cannot sell my shares. I have a big problem. Don't misunderstand me. I started investing in stocks this year. I bought Japaul Gold, Transcorp, and Dangote Sugar. I doubled my money every time. My 4 million naira became 32 million naira. But now I cannot withdraw even 1 million naira. This is my life savings. I saved this money for six years. Please, what can I do? Ncha na acho e ba efi n'anya.

CC yMcy56, PETERiCHY, Locotrader, megawealth01, Ginalex, Ogg, prophet

Wale tinubu and gang really cashed out

There's a notion we should clear,somebody invested 4m and after 8 months got 30m.....
By financial standards this is an extremely good year, over 1000% profit, stop feeling sad, oando is very liquid if d market collects 10m leaving u with 20m, my dear ur still balling
Start strategizing on th next meat

PETERiCHY:
For those looking for WHERE to HIDE their OANDO loots.
UBA is now available #8.40k.

4 weeks from we should EXPECT another SUPERLATIVE FX REVALUATION induced RESULT.

And by this TIME next Friday we should be JOLIFICATING with our INTERIM dividend.

BARGAIN HUNTERS TAKE NOTE!

The above in bold you mean ₦16.40k?

jideflash:
If i talk about newbies learning the ropes and not just seeking for stockpicks, they will say im proud. Experience and research matters alot.

If not for greed or gamble, why will you put all your fund into oando that has no financial result to base investing decision on.

Lets say he bought 32m naira worth of oando at high of 15naira. With the fall, he will still have like 16m. Just that he hasnt gotten a buyer to sell to.

When the old bird refuse to mentor new bird, you should not say greed. If you are a old bird how many people have you mentored.
Dare the old bird to mention a few. 🦥🦥

Amys:

When the old bird refuse to mentor new bird, you should not say greed. If you are a old bird how many people have you mentored.
Dare the old bird to mention a few. 🦥🦥

That's why monkey hunting should be discouraged here as it can mislead newbies. PETER is guilty of this..

undead:
I am very sad. I lost a lot of money in Oando. I cannot sell my shares. I have a big problem. Don't misunderstand me. I started investing in stocks this year. I bought Japaul Gold, Transcorp, and Dangote Sugar. I doubled my money every time. My 4 million naira became 32 million naira. But now I cannot withdraw even 1 million naira. This is my life savings. I saved this money for six years. Please, what can I do? Ncha na acho e ba efi n'anya.

CC yMcy56, PETERiCHY, Locotrader, megawealth01, Ginalex, Ogg, prophet

Have you heard the phrase “ profit taking” ? There is a world of difference between paper gain and cashed out profit or loss. You have no claim to a profit or loss till you sell. N4mill has gotten nothing till you sell. When you sell, then we can compute your gain or loss. There is also a world of difference between girl friend and wife. Yes, till you marry her. Lesson here is TAKE PROFIT. YOU MUST KNOW WHAT YOU ARE TRADING . But if for dividends then whether the price soars or plunges it’s of no consequence. Not having a clear plan is simply gambling.

jideflash:
If i talk about newbies learning the ropes and not just seeking for stockpicks, they will say im proud. Experience and research matters alot.

If not for greed or gamble, why will you put all your fund into oando that has no financial result to base investing decision on.

Lets say he bought 32m naira worth of oando at high of 15naira. With the fall, he will still have like 16m. Just that he hasnt gotten a buyer to sell to.

If I make 32m from Gambling why will I not use the 32m to gamble again?

Those saying he should have bought dividend paying stocks, did he make 32m by buying dividend paying stocks?

Someone that bought JaPaul GOLD should be ready to LOSE all his money.

Anyway, 32m school fees is not too much to pay for education.

I am sure he will make another 32m soon!

Even wale tinubu na monkey hunter.
Just to be clear, dont take any advice without having your paperwork to back it up. Na why we say, apply due diligence. Scammers abide in every money making opportunity, even some stockbrokers cant be trusted.
I pray we all get our school fees returned back to our portfolio in 10folds at minumum.

Oando might still rise to 20naira next week, we never know.

Justcul:


That's why monkey hunting should be discouraged here as it can mislead newbies. PETER is guilty of this..

crownprince2017:
Concerning presco, the product price is yet to go up as we are just leaving the harvest period for palm karnel, I mean the main raw materials for pam oil. The product is still much in supply compared to the period when it's only the suppliers that kept their own during this time will have for sale then, when the the demand will be more than supply and price will skyrocket.

End of the year is the pick for palm oil business when more profit are made, atleast 35-40 for non manufacturers.

Downward trend is normal at this regarding that business.

You make money from quantity perspective during the harvest period and make alot during the scarcity.

From the micro economics point of view, you can never make less than 30% ROI in that business.

I will try and work on the Ta of this company because am just aware of it for the first time.

I have few 100s waiting for that time too.

What have you learnt about PRESCO?

You know that PRESCO borrowed money and spent N25bn to acquire a non profitable farm owned by their majority shareholder?

Are you aware that after pocketing N25bn same SIAT is now trying to divest from PRESCO?

There are FACTS behind the figures so don't get carried away with figures without understanding the facts behind it.

Not a BUY or SELL recomemndation please.

wanaj0:


What have you learnt about PRESCO?

You know that PRESCO borrowed money and spent N25bn to acquire a non profitable farm owned by their majority shareholder?

Are you aware that after pocketing N25bn same SIAT is now trying to divest from PRESCO?

There are FACTS behind the figures so don't get carried away with figures without understanding the facts behind it.

Not a BUY or SELL recomemndation please.

This is one one the reasons why we want you to be more regular here sir.
Your inputs are invaluable.

pluto09:


This is one one the reasons why we want you to be more regular here sir.
Your inputs are invaluable.

Abeg let me enjoy my newbie status in peace ooo

Happy 63rd Independence in advance

sterlingD:

The above in bold you mean ₦16.40k?

Yes I have corrected it to #16.40k.

It's now trading @#16.80k. 2moro when it get to #30 someone will say it monkey hunting forgetting what an elder see sitting......................................................

BARGAIN HUNTERS TAKE NOTE!

wanaj0:


Abeg let me enjoy my newbie status in peace ooo

Happy 63rd Independence in advance

chairman, what do you think we should expect from your fellow chairman alhaji as per his dangota food. Should we be expecting surprises and shocks either positive or negative

maishai:
There's a notion we should clear,somebody invested 4m and after 8 months got 30m.....
By financial standards this is an extremely good year, over 1000% profit, stop feeling sad, oando is very liquid if d market collects 10m leaving u with 20m, my dear ur still balling
Start strategizing on th next meat

Looks like "liquid" means different things to you me.

wanaj0:


If I make 32m from Gambling why will I not use the 32m to gamble again?

Those saying he should have bought dividend paying stocks, did he make 32m by buying dividend paying stocks?

Someone that bought JaPaul GOLD should be ready to LOSE all his money.

Anyway, 32m school fees is not too much to pay for education.

I am sure he will make another 32m soon!

in your own opinion...

Saw someone calling passengers for UBA at N16.80k, really? The stock is still expensive at that price. Anyway, na so him trap the gullible ones in O and O…

Ire o.

PETERiCHY:


Yes I have corrected it to #16.40k.

It's now trading @#16.80k. 2moro when it get to #30 someone will say it monkey hunting forgetting what an elder see sitting......................................................

BARGAIN HUNTERS TAKE NOTE!

Why should we pay N16.40 for UBA when we can get it lower?

PETERiCHY:


Yes I have corrected it to #16.40k.

It's now trading @#16.80k. 2moro when it get to #30 someone will say it monkey hunting forgetting what an elder see sitting......................................................

BARGAIN HUNTERS TAKE NOTE!

The oracle, are you saying this?
No.

wanaj0:


Abeg let me enjoy my newbie status in peace ooo

Happy 63rd Independence in advance

Lol...

Streetinvestor2:
chairman, what do you think we should expect from your fellow chairman alhaji as per his dangota food. Should we be expecting surprises and shocks either positive or negative

He is not a fan of Dangote.

Buafood closed at #202.80. Bargain hunters watching dangfood.

DANGFOODS is expected to be concluded before end of 2023, if there's no unnecessary delay from SEC.
We look forward to this.

wanaj0:


Abeg let me enjoy my newbie status in peace ooo

Happy 63rd Independence in advance

Many Nigerian's still don't realise what 'Independence' actually meant on October 1st, 1960.

yMcy56:

Lol. Mcy's MH of this really paid off....all the way from N40

Make una no quote me ooo, just face your OANDO wey una dey mastur.bate upon....... surprised how that guy successfully fooled them here and even outside of here, that has been the song on many's lips.
We see how it goes next week God willing........and all things being equal.

Las las we go all dey alright.

Meanwhile, DANGFOODS is expected to be concluded before end of 2023, if there's no unnecessary delay from SEC.
We look forward to this.

I use BUA foods price as a pointer to what dangote foods can potentially return. Even if its listed at N100, it's target will be to surpass BUA foods. I sat still in lafarge for 3 years. What is 3 months that I cannot wait. Let SEC take all the time they need.