₦airaland Forum

Utalinmou:
House
Please who knows anything about NASD OTC
Is that another stock exchange or what?

Read this
https://www./nasd-vs-ngx-adetayo-adeyemo-aca

Please note I am not the writer and not acquitted with him.

Nasd also have an app on playstore with which you can create an account and trade NASD OTC stocks- which I use. However NASD market is not very exciting at least for now.

Trading NASD through most stockbrokers can be frustrating as liquidity is low and you have to wait for them to place your order 'at their convinience'. If NASD interest you go for their app and trade directly on it but be guided it's not the NGX

Please, who knows anything about Opay's numbers?: number of customers, total assets, gross/net earnings, total equity etc?

I'm assuming all those are fractions of Access Bank, but they have a $2.7bn compared to $450m for Access

In terms of sustainability, it looks like one of the duo can just be taken out by a single announcement while the other may be too big to fail??
Is going public bad for business??

Willie2015:
If you buy it N1 and below...
Na to sell now...

without any info on why they should sell...una try o...

Boshins:
https://nairametrics.com/2024/04/30/breaking-mtn-nigeria-reports-n575-69-pre-tax-loss-in-first-quarter-of-2024/

Nawaoo, a whole MTN reporting a loss. This fx loss due to naira depreciation is a respecter of nobody oo

Good day to all.

Choiceguy:
I beg Oando don't need those pple that have to appease the gods like loco in Peter's voice because after that 24th ruling we will no direction of Oando.

How will it make the direction clearer?

Princkez:
TRANSCORP will trade above #70 + after reconstruction ....remember os will be 10b

I think it will depend on weather earnings and dividend post reconstruction can support N50 to N70 SP. Reconstruction doesn't necessarily change earnings. So assuming current earnings and dividend policy we will expect a dividend of 40 kobo. Let's say at most N1.0 per share. That is 1.4% dividend return at N70 SP, and 2% at N50 SP. Will the market accept that, or will SP have to fall post reconstruction?

Raider76:
I think it will depend on weather earnings and dividend post reconstruction can support N50 to N70 SP. Reconstruction doesn't necessarily change earnings. So assuming current earnings and dividend policy we will expect a dividend of 40 kobo. Let's say at most N1.0 per share. That is 1.4% dividend return at N70 SP, and 2% at N50 SP. Will the market accept that, or will SP have to fall post reconstruction?

Still a N5 stock post-reconstruction

sky2891:
How will it make the direction clearer?

Anything that makes the judge to rule against the application to join in the suit,then I will believe that Oando is delisting.

Agbalowomeri:
Still a N5 stock post-reconstruction

At least you have shifted from N1. That's a 500% shift

Agbalowomeri:
Still a N5 stock post-reconstruction

You made mistake to put naira. Why not kobo.
You go wait tire

2zona:
Nawaoo, a whole MTN reporting a loss. This fx loss due to naira depreciation is a respecter of nobody oo

https://nairametrics.com/2024/04/30/mtn-nigerias-net-forex-losses-rises-to-staggering-n1-39-trillion/

No be small thing o

https://nairametrics.com/2024/04/29/exchange-rate-falls-to-n1419-1-in-official-market-worst-since-march/


Damn...

After 4:1 reconstruction of transcorp plc.Tony will manipulate it to #100 like transcorp hotel.....I believe that is the game plan

iHaveMadeiT2:
At least you have shifted from N1. That's a 500% shift

Share Reconstruction...

https://nairametrics.com/2019/07/30/share-reconstruction-effects/?amp=1

iHaveMadeiT2:
At least you have shifted from N1. That's a 500% shift

That's still N1 equivalent in the current scheme😂

Streetinvestor2:
After 4:1 reconstruction of transcorp plc.Tony will manipulate it to #100 like transcorp hotel.....I believe that is the game plan

No make one moniker catch you for this hopeville analysis

thebargainhunte:
No make one moniker catch you for this hopeville analysis

Na if you get person time.when nobi the person money

Yes it is , any question ?

Allthelight:
Is trove still legit ? Any answer please.

iHaveMadeiT2:
At least you have shifted from N1. That's a 500% shift

He moved from N1 to N1.25. Keyword is post-reconstruction.

Ding!

Boshins:
https://nairametrics.com/2024/04/30/mtn-nigerias-net-forex-losses-rises-to-staggering-n1-39-trillion/

No be small thing o

I think NCC is harming the telecoms sector. They should be called to order. It's clear the current pricing is not cost-reflective. Why is it taking them so long to do the right thing? This is gross ineffectiveness, in my opinion.

Way the people way wan sell thr sugar....bid don dey now.

From 84 to 39.

Stay strong all DANGSUGAR faithfuls

Streetinvestor2:
Way the people way wan sell thr sugar....bid don dey now.

KarlTom:
From 84 to 39.

Stay strong all DANGSUGAR faithfuls

From 18 to 84 and then to 39 in less than one year, don't distort information with half-truths.

ositadima1:
From 18 to 84 and then to 39 in less than one year, don't distort information with half-truths.

By this time next week DANGSUGAR will hit circa #20 which is a BARGAIN ZONE.

BARGAIN HUNTERS TAKE NOTE!

Streetinvestor2:
Way the people way wan sell thr sugar....bid don dey now.

I think sugar will find support at around #35.

For those that bought above #60, selling now will be huge loss. Na to just hold and see the end of it.

My 2cents

KarlTom:
From 84 to 39.

Stay strong all DANGSUGAR faithfuls

Na your own narrative be that.i didn't go down from 84 to 39 instead I went up to meet #39 and hopefully it could go further .