essentialone:


The boldness of one who has no single unit of Oando in their portfolio.

KayOn1:
RTBRISCOE! RTBRISCOE!!

DrAkpamudehe:


Hope all is well

Olaide1295:

Yeah, but the difference here is I never have to fill any form with Trove.
I use Meristem/trade for majority of my shares though. But I'd have wished they can collect the details in a form electronically and submit it to the registrars on customer's behalf.

This would improve the User experience significantly.

hisexcellency34:
Oando...full of fraud

ProphetUtuocha:
Keep eyes on Oando. This week will usher a new season of excitement. Enough said!

Mfunkynation:

Why quote yourself again!
When it arrives at the RED chambers, none of you were available here!
But the moment it migrated to the GREEN chambers, Una don dey show Face again!

Phlinx:


I sold to buy later.

I agree with you; based on a sudden call for the liquidation of UBA, shareholders should set their sights somewhere around N100/share. However, you've set your sights at an exit price of N60 because that scenario is different to what we have now which is simply based on quadrupled profit growth.

But let me ask you a question that is intrinsic to every Investor/Trader:

What makes the price of a stock significantly rise?

ositadima1:
I know some of you are abroad. How do you fund your Nigerian bank account in naira for the purpose of stock investing? I assume that once I have funds in my Nigerian account, funding my stockbroker can easily be done from anywhere.

ositadima1:
I know some of you are abroad. How do you fund your Nigerian bank account in naira for the purpose of stock investing? I assume that once I have funds in my Nigerian account, funding my stockbroker can easily be done from anywhere.

essentialone:
https://nairametrics.com/2023/07/05/strong-performance-and-forecasts-for-mrs-oil-nigeria-plcs-share-price/

MRS Oil Nigeria PLC has shown a strong performance with its share price rally and recently impressive financial indicators. The company achieved a new 52-week high, with a share price increase of 457.25% over the past 52 weeks (about 12 months) and a YtD gain of 460%, outperforming both the NGX’s YtD gain of 18.96% and the Oil and Gas sector companies’ average YtD return of 78.56% at the end of H1 2023. This suggests that the rally in MRS Oil’s share price is backed by its recent strong fundamentals and has garnered investor confidence. In contrast, FTNCocoa Processor, which recorded the highest H1 YtD share price gain, does not seem to have strong earnings backing the rally. The company reduced its loss after taxation in 2022 to N421 million but still reported a loss of N89.75 million in Q1 2023. This highlights the importance of analyzing a company’s financial performance and fundamentals to assess the sustainability of a share price rally. Looking at MRS Oil Nigeria PLC’s recent financials, the company has demonstrated strong fundamental growth. It reported year-on-year revenue growth of 40.02% in the 2022 financial year and a significant improvement in net income, indicating peositive performance.

Zagee:
Now that NNPCL is back to being sole importer, what happens to Eterna and their licence? Subsidy frenzy over. E don dey clear..

DrAwo:


This is the question sensible investors have been asking themselves over the ages...

For answers, read "100 baggers" by Chris Meyer and "100 to 1 in the stock market" by Thomas Phelps.

Hope this helps.

#NoShortCuts...

jclassiq:
I have a question for everyone here.

Are we really investing or speculating?

Phlinx:


Thank you for advising on a book that offers strategy on how to invest in stocks that increase in value. However, it hardly answers the simple question: what makes a stock significantly rise on the NSE?

kolaish:
So many reasons.

https://www.investopedia.com/articles/basics/04/100804.asp
"These forces fall into three categories: fundamental factors, technical factors, and market sentiment".

https://time.com/personal-finance/article/how-are-stock-prices-determined
"In large part, supply and demand dictate the per-share price of a stock".

/

Phlinx:

These are the theoretical answers provided from your links.

No one can give a simple answer in their own words without providing a link?

Phlinx:

These are the theoretical answers provided from your links.

No one can give a simple answer in their own words without providing a link?

Phlinx:


Thank you for advising on a book that offers strategy on how to invest in stocks that increase in value. However, it hardly answers the simple question: what makes a stock significantly rise on the NSE?

DrAwo:

Looool...

From your answer, I'll assume you have never read either of the books.

I hope you find the answers you seek...

Cheers...