yak:
https://nairametrics.com/2024/01/28/record-breaking-ngx-a-stockfish-market/


Hmmmmm!

Whoever is "Duke of Shomolu" seems to have overlooked the true essence of the stock market.

While macroeconomics does play a significant role in influencing the stock market, it is far from the sole determinant of market movements. Factors like supply and demand, company-specific news, geopolitical events, and even investor sentiment can have a major impact on stock prices and the index invariably.

RichEstate:


Word of God confirmed this that there'll always be poor in the land* And my advise is, DON'T LET THAT BE YOU! POSITION YOURSELF.

I love this line sir... Really thought provoking. Permission to copy it and quote you please?

debeey87:


Great result from Berger paints. I wonder how they're able to rake in over 166ml from onboarding new distributors (over 700% increase from FY 2022 of just 21mln).

Also, the company has a large free float of over 60% (small outstanding shares though) but still very illiquid.

Doesn't seem to me that the results justify any price increase based on eps but nse defies logic.
Are we to expect a significant rise in price of Berger paints

BullBearMkt:

Whoever is "Duke of Shomolu" seems to have overlooked the true essence of the stock market.

While macroeconomics does play a significant role in influencing the stock market, it is far from the sole determinant of market movements. Factors like supply and demand, company-specific news, geopolitical events, and even investor sentiment can have a major impact on stock prices and the index invariably.

If had written that the market would gain 5% in the next few days, nobody would have responded to him.

BullBearMkt:

Whoever is "Duke of Shomolu" seems to have overlooked the true essence of the stock market.

While macroeconomics does play a significant role in influencing the stock market, it is far from the sole determinant of market movements. Factors like supply and demand, company-specific news, geopolitical events, and even investor sentiment can have a major impact on stock prices and the index invariably.

The market is forward looking.
By the time the macros come right, market has already priced it in

Please do our dear Dr.

DrAwo:


I love this line sir... Really thought provoking. Permission to copy it and quote you please?

Harvestock01:


If had written that the market would gain 5% in the next few days, nobody would have responded to him.

I want to believe there are people on the forum who shared some of the writers opinion.. Howeve, with the bull gangs in full force, any contrary opinion will be in like manner shut down.,

Harvestock01:


If had written that the market would gain 5% in the next few days, nobody would have responded to him.

...making such assertion about the market without reasonable evidence is unlikely to convince data-driven individuals. It's as simple as ABC - Always Back Claims with data

OKOMU has landed

https://doclib.ngxgroup.com/Financial_NewsDocs/40167_OKOMU_OIL_PALM_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

BullBearMkt:

...making such assertion about the market without reasonable evidence is unlikely to convince data-driven individuals. It's as simple as ABC - Always Back Claims with data

Wrong...
it is ABCD - Always Back Claims with Data

Mfunkynation:

Wrong...
it is ABCD - Always Back Claims with data

...now ABC

BullBearMkt:

...making such assertion about the market without reasonable evidence is unlikely to convince data-driven individuals. It's as simple as ABC - Always Back Claims with data

There is clear correlation between the banking stocks bull and the fx revaluation of last year. Do you need any evidence for that?

Tpharell:

There is clear correlation between the banking stocks bull and the fx revaluation of last year. Do you need any evidence for that?

...you want to read the thread and fully grasp the discussion?

SonofElElyonRet:


Doesn't seem to me that the results justify any price increase based on eps but nse defies logic.
Are we to expect a significant rise in price of Berger paints

Making over 100% increase in turnover definitely justifies price increase. I am just examining the drivers of the increase in PAT of which the onboarding of new distributors plays an important part.

Whether price will increase or not, the market will decide that. Overall dividend might be up to 1.5(0.20k already paid as interim) given their history of dividend payout ratio.

which stocks will be on Full Bid today?

essentialone:
which stocks will be on Full Bid today?

You don't want to listen to the Duke of Shomolu? OYO is your name

So Otedollar that pushed DangCement to #694 don't want to increase his stake again? Abeg make he do fast mop all this full offers cos me too want to jump from this bus and find Banking Stock wey go give me better dividend yield .

Oando is really doing well today.

@Locotrader, Mercy and Ors.

I listened again to one of the presentations by the MD of Multiverse and I concluded that they need to raise his so called "patient capital" to take advantage of the opportunity that they have identified. My issue however is what would be the most probable mode of capital raising - RI, PO, Placement or a mixture of all the above?

The company's outstanding shares is very low (below 500 million) and issuing additional one billion shares shouldn't be a problem.

I don't currently own the shares of Multiverse but I have my eyes on it provided there are more clarity.

PETERiCHY:


Finally WE are BREAKING the #16.50k BARRIER 🚧. WATCHOUT 👀 for BREAKOUTS.

BARGAIN HUNTERS TAKE NOTE

OANDO currently on FULL BID @#13.80k 🎉
DESTINATION = #500
TIME FRAME = 12mths
USD = #1420
Meanwhile 98% of OANDO earnings is in USD

BARGAIN HUNTERS TAKE NOTE

Mpeace:
Oando is really doing well today.

Too early to call. The closing price on Friday would provide a clearer indication of where it is headed

USAfall2024:
So Otedollar that pushed DangCement to #694 don't want to increase his stake again? Abeg make he do fast mop all this full offers cos me too want to jump from this bus and find Banking Stock wey go give me better dividend yield .

All offers @694 mopped!!
Now sighted @700 intra-day!

OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing......

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver ....Market always have a mind of its own,,nobody can accurately predict the market all the time.

yMcy56:
OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing......

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver ....Market always have a mind of its own,,nobody can accurately predict the market.

Mention the name of the person na...You wan start vawulence on a Monday morning

yMcy56:
OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing......

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver ....Market always have a mind of its own,,nobody can accurately predict the market.

PADI mi. I didn't say it will go low to 7 naira oooooo... Nobi me be Mr Market

How was your weekend?

defebe:


Mention the name of the person na...You wan start vawulence on a Monday morning

megawealth01:
PADI mi. I didn't say it will go low to 7 naira oooooo... Nobi me be Mr Market

How was your weekend?

I dey o.
Ok sorry, maybe it was a mix up

yMcy56:

I dey o.
Ok sorry, maybe it was a mix up

You na my personal person...

One LOVE 💕

Oando...judgement loading...

essentialone:
which stocks will be on Full Bid today?

yMcy56:

I dey o.
Ok sorry, maybe it was a mix up

"O mercy mercy me
Things ain't what they used to be"
Song by Marvin Gaye... mercy mercy me
Good morning