₦airaland Forum

This matter is waiting for SEC at 'Aluta' junction.

essentialone:
Most stockbroking firms now can be rated less than 30% in Efficiency and Effectiveness. NGX, SEC, and CSCS will pretend that they are not aware.

Soon, they will no longer be able to pretend about it.

KarlTom:
No be everything be court

Let's wait for SEC approval before the HC will order a shareholders meeting

It is part of the process by the rules.

After SEC approval, there must be a court ordered shareholders meeting to ratify before suspension

https://docuhub3.nibss-plc.com.ng/edmms/self-service

Link to mandate your shareholding for any company in Nigeria.

debeey87:
https://docuhub3.nibss-plc.com.ng/edmms/self-service

Link to mandate your shareholding for any company in Nigeria.

Wonderful development

debeey87:
https://docuhub3.nibss-plc.com.ng/edmms/self-service

Link to mandate your shareholding for any company in Nigeria.

I completed the required information in the portal and it's been more than 2 weeks without any update.

This is our YEAR. We eat big. Again!!

Is there a limit amount you can withdraw from your stock trading account?

I don't think there should be a limit.
Processing time might vary depending on the amount being withdrawn...

essentialone:
Is there a limit amount you can withdraw from your stock trading account?

yMcy56:
NASCON
So far, there's no published newsletter on NGX for Board Meeting....
Can we say there won't be any more Board Meeting from NASCON, and that, the final dividend from NASCON will come from DANGFOODS as Interim Div.....together with that of DANGSUGAR?
Let's be watching sha....
The Board Meeting of Sugar will throw more light on this.
Just thinking out loud ni o.

From the price gap between salt and sugar and what my mind is telling me, ... it's like only sugar will pay dividend this year.

Harvestock01:
I completed the required information in the portal and it's been more than 2 weeks without any update.

You can write to the registrar to check. Don't know how the process works. Just thought to share when I got the email from my broker

Ding!

BUAFOODS @348!
Up with +N23 so far...

GEREGU @901!
Up with +N81.20

Looks like the season for BUAFOODS and GEREGU

Those waiting for ASI to fall go wait for long time...

May we be able to identify the next set to move up again....

veecovee:
From the price gap between salt and sugar and what my mind is telling me, ... it's like only sugar will pay dividend this year.

Salt will likely pay too...
Why I said this was because of the closed period declared by NASCON in December.......
Also, Q3 was released, so the FYE cycle was completed.
Let's wait for actions and updates from them anyway.

https://doclib.ngxgroup.com/Financial_NewsDocs/39983_NASCON_ALLIED_INDUSTRIES_PLC-CLOSED_PERIOD_AND_FINANCIAL_YEAR_END_CORPORATE_ACTIONS_DECEMBER_2023.pdf

ositadima1:
In other news, the ARIMA (Autoregressive Integrated Moving Average) model predicts that Geregu stock will reach a minimum of #730 by Friday, representing an 8% gain. The model also forecasts that Meyer stock will hit a minimum of #9.3 by Friday, representing a 34% gain. We will have to wait and see how accurate these predictions from the ARIMA model end up being.

The ARIMA model did not perform too poorly this week if we gave equal weighting to Geregu and Meyer, with 33% and -10% returns if the market ends this way, respectively. An equal weighting would have yielded a 12.5% profit. Honestly, I don't know if I would have personally invested in the Meyer stock due to its low liquidity. Let's see what ARIMA will predict for next Friday.

yMcy56:
BUAFOODS @348!
Up with +N23 so far...

GEREGU @901!
Up with +N81.20

Looks likenthe season for BUAFOODS and GEREGU

Those waiting for ASI to fall go wait for long time...

May we be able to identify the next set to move up again....

BUAFOODS and GEREGU playing a game of catch me if you can for DF and Transcorp respectively. In this game of billionaires, na to just follow the money and be patient. FA, TA, SA and all other analysis go take back seat

Intelligent investors should take a holding position in Transcorp plc, the Geregu race is just starting.
Even, if you have to borrow money, do not hesitate.
Transcorp is now destined for bound N70 to N100 in 2024.

iHaveMadeiT2:
BUAFOODS and GEREGU playing a game of catch me if you can for DF and Transcorp respectively. In this game of billionaires, na to just follow the money

Lol. The margins are becoming wider now.....and I'm sure Tony is also getting updates of what's happening in the market, as well as Alhaji.

Will be interesting to watch as well as participate in the billionaires' games...

Mankind2024:
Intelligent investors should take a holding position in Transcorp plc, the Geregu race is just starting.
Even, if you have to borrow money, do not hesitate.
Transcorp is now destined for bound N70 to N100 in 2024.

never invest borrowed money,no matter what .

Ballzproblem2:
never invest borrowed money,no matter what .

This is not true...I wish I can shalaye, but I'm having small headache

Mankind2024:
Intelligent investors should take a holding position in Transcorp plc, the Geregu race is just starting.
Even, if you have to borrow money, do not hesitate.
Transcorp is now destined for bound N70 to N100 in 2024.

Amen. That will be excellent development for Transcorp.
The Power sector is a strong growth Area based on where Nigeria is at in power generation and where it needs to be .
May the unleashing of the power sector materialize .

I am also taking a second view at WAPCO. There may be huge potential growth area there. In view of the FG's vision of building more roads with reinforced concrete using rebars produced in Nigeria.

On Transcorp: When FG removes subsidy in power sector, we'll feast.

For now, we wait...

Ballzproblem2:
never invest borrowed money,no matter what .

Borrow what you can pay if things go south. I got a sum with 18% interest rate from GTB spread at 12months, 2022 November into the market. I am happy today!

never invest borrowed money,no matter what .[/quote]Dey play!

On BUA Foods, when thy complete their Sugar Estate project in Kwara State, we'll feast.

For now we wait for DF announcement...

Every Musa has his own kettle...

Ballzproblem2:
never invest borrowed money,no matter what .

I share your view but it depends on risk tolerance and money management skill and bit of luck not to borrow against a rapid falling knife.

Another thing to do is IF you have trusted people abroad, take part in their thrift (esusu/ajo), lobby for early slot. You won't need to bother about interest but you must have stable income so that you won't disrupt the flow and make enemies for yourself.

I prefer it to taking loans and I've been doing it for 10 years. Try it with your trusted friends or you can start one but people must trust you.

Ballzproblem2:
never invest borrowed money,no matter what .

I'll rather join a registered cooperative. Some of them loan members X3 of amount saved at 5% to 8% rate but you must have joined 6 months prior to taking loan.

Yes, bank loan is easier but paying so much in interest can hinder generating wealth and gives almost no room for trial and error. Some people are good at OPM like Robert Kiyosaki, Pa Emma etc.

Zagee:
Borrow what you can pay if things go south. I got a sum with 18% interest rate from GTB spread at 12months, 2022 November into the market. I am happy today!

KarlTom:
On Transcorp: When FG removes subsidy in power sector, we'll feast.

For now, we wait...

How does fg subsidy affect power generating firms.

RichEstate:
I'll rather join a registered cooperative. Some of them loan members X3 of amount saved at 5% to 8% rate but you must have joined 6 months prior to taking loan.

Yes, bank loan is easier but paying so much in interest can hinder generating wealth and gives almost no room for trial and error. Some people are good at OPM like Robert Kiyosaki, Pa Emma etc.

Nice structure.
Pa Emma has been mentoring us well even though we run rouge sometimes .

But then again my risk to reward was almost insignificant.

Ballzproblem2:
never invest borrowed money,no matter what .

Go back to school and learn financial and risk management. If you give dangote this advice, he will hang you by your ballz

Greenvaiper:
Go back to school and learn financial and risk management. If you give dangote this advice, he will hang you by your ballz