₦airaland Forum

emmanuelewumi:
Referring to 2006. Afroil is the name

yMcy56:
SEPLAT @2,541.......Up with +231!!
Moved with N266.8M only

stcool:
I don park enter DANGOTE SUGAR @79

ositadima1:
In OGGs voice, you need to upgrade your techniques.

But seriously, what has happened and is currently happening in the market can be explained by macroeconomics, not just by looking at volumes of charts. I see two key factors: the massive waves of inflation and the positive sentiment surrounding the current administration.

Inflation has repriced most businesses. You may not understand this if you are a civil servant or salary earner. For example, if you used to buy your inventory at 10 naira but now buy at 17 naira, you should also increase retail prices to absorb the increased costs, including higher living expenses. Hence, I expect increased revenue going forward. Savvy investors understand this dynamic, which is reflected in current prices.

Secondly, with the new administration and upcoming refineries, the Nigerian economy looks promising.

I added a small chart showing overall performance on the NGX from May 2020 to yesterday. It indicates the number of stocks moving at least 10% up or down each month, along with total value traded.

Regarding total values, some may argue it represents money leaving the market, while others say it is new money entering. I would say it depends on the ratio of gainers to losers in that period. Let's discuss this point.

Since 2023-05, about 1.62 trillion naira (1.35 billion USD at 1200 exchange rate) entered the market in just 9 months. Do you think this much money is manipulation that can easily be extracted?

yMcy56:
SEPLAT @2,541.......Up with +231!!
Moved with N266.8M only

emmanuelewumi:
Are you ready to wait for another 2 months?

emmanuelewumi:
Are you ready to wait for another 2 months?

stcool:
Yes o Oga... cos e go pain me if Alhaji announce the Merger and bus drive leave me...only to be bidding 10% daily

chibaby1985:
Otedola Acquires ₦6Billion Dangote Cement Shares

https://www.premiumtimesng.com/news/headlines/660274-otedola-acquires-n6-billion-worth-of-dangote-cement-shares.html

femu:
Is Otedola not afraid of the Bear.

chibaby1985:
You go still enter na

femu:
Is Otedola not afraid of the Bear.

yMcy56:
SEPLAT @2,541.......Up with +231!!
Moved with N266.8M only

chibaby1985:
Na the way of billionaire investors

emmanuelewumi:
He is an investor and also a business, that is a powerful combination.

Some of us hear are good at technical analysis and fundamental analysis, ability to combine it with the understanding of the business behind the stock is the Koko.

Otedola might have gotten privilege information concerning the enormous business opportunities for stocks in that sector.


Hold on to your stocks in the cement sector for the long term

chibaby1985:
The moneybags are here finally

sky2891:
We in OANDO bus seems left out from all these serious bullish market.
Na so we go dey?

123ABCXYZ:
I agree with your analysis on inflation but not on positive sentiments. The exit of large global corporations from the country is one big negative, no improvement of the security situation and distrust in the judiciary are serious negatives for any sentiment analysis performed by anyone and there has not been serious efforts to reform the country so I disagree. In my organisation here in the UK, we downgraded Nigeria this year in comparison to other african countries when looking at possible emerging market investment destinations.

I suppose one other factor driving investment in the stock market is the fall of the naira which has seen most financial institutions post massive forex gains and profits, providing the opportunity for short term profit hunters to take advantage of that value. I foresee a retraction post April 2024 except, inflation continues to rise and the naira continues to fall at rapid speed.

Locotrader:
I like you but you always look for my trouble.
Every stock has it's time whether good or poor fundamental.

onegentleguy:
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/7458#127858495

All who subscribed to the outline and followed with the breakdown explanation and investment guideline of the 2 chart as stated in the above should be smiling by now.
...one of the asset is already up by 108% from initial entry peg for those who keyed in early.

The 2nd is currently gathering momentum to deliver a...

It is well

chibaby1985:
Wise counsel

ositadima1:
BUA Cement will make us proud, with over 96% of the outstanding shares owned by BUA and Abdul Samad Rabiu. Over 3% is owned by institutional investors (500,001 to 1,000,000 units each), and the remaining 1% own less than 500,000 units each. Hopefully the stock will perform very well. I am aiming for a 100% ooo.

GracefulLau:
Please keep it to yourself. we don't want to know since you are not ready to share.

Locotrader:
Champion officially on full bid at 4.24.


Some people are selling their own pick but we give ours for free

Locotrader:
Champion officially on full bid at 4.24.


Some people are selling their own pick but we give ours for free

Locotrader:
Hold chams, let me hold TIP.
This my TIP will do #5 very soon.Some who sold TIP today will regret by next week

ositadima1:
The market has repriced most stocks; a new era has been ushered in. The days of Zenith at 25 are gone, so too for most other stocks, unless the government commits massive errors or something messed up happens globally.

GracefulLau:
Please keep it to yourself. we don't want to know since you are not ready to share.