₦airaland Forum

Mpeace:
Fellow members of the Access family. Shebi una remember say we dey on rights issue. I no understand why una no dey ask how ina go take up all una rights. Or are you all sleeping on your rights like me?

No rights circular was released now. Been waiting to see the info

debeey87:
No rights circular was released now. Been waiting to see the info

Waiting to see the rights prospectus too, with the projections of the financial statements. Has any projections been issued?

megawealth01:
This is a news of a month ago... The private placement was #0.60

The current price is 0.44-0.46

If you ask me... BUY if you can risk it... DYOR

They said they are on the part of restructuring

Their staff costs are high, and with the increase in minimum wage this is only set to balloon. On first glance this looks interesting but looking deeper and its not so rosy

nosa2:
Their staff costs are high, and with the increase in minimum wage this is only set to balloon. On first glance this looks interesting but looking deeper and its not so rosy

We are watching closely

megawealth01:
This is a news of a month ago... The private placement was #0.60

The current price is 0.44-0.46

If you ask me... BUY if you can risk it... DYOR

They said they are on the part of restructuring

I hope they are moving into a different business and not thr fast food thing .They should just push thr shares to #1.50 make I collect my school fees back.It would have been better if I used the cash to store beans and rice myself,lol

FBN has new MD and DMD

nosa2:
Their staff costs are high, and with the increase in minimum wage this is only set to balloon. On first glance this looks interesting but looking deeper and its not so rosy

Just curious, is this the same Oga Nosa of SMN?

chillykelly86:
Just curious, is this the same Oga Nosa of SMN?

Yes oh........... I'm back in the Nigerian market. Make we come rofo rofo the place

Goodday everyone, please what is the least amount to get into stocks? I know nothing about this

elmas:
Goodday everyone, please what is the least amount to get into stocks? I know nothing about this

Any amount you feel comfortable to start a business.
Stock market is for the patient people.

nosa2:
Yes oh........... I'm back in the Nigerian market. Make we come rofo rofo the place

You're welcome. You're one of those that made our experience on SMN rich and rewarding. Looking forward to your useful insights.

nosa2:
Yes oh........... I'm back in the Nigerian market. Make we come rofo rofo the place

My senior oga.I know you are the one.I have two questions
1.Do you still have those your millions of nem
2 How far with the farm then in the North

Streetinvestor2:
My senior oga.I know you are the one.I have two questions
1.Do you still have those your millions of nem
2 How far with the farm then in the North

He didn't wait on his dream. He should have being a billionaire in NEM by now😂

Agbalowomeri:
He didn't wait on his dream. He should have being a billionaire in NEM by now😂

like seriously. Nem at #10 now would have made him a serious billionaire.I had like 3 million units which I sold at less than #2 if I go back to check my sales.
I hope I don't make such mistake again with ailco insurance. Not when I sell it begins to move too

Ding!!

KarlTom:
Ding!!

Shucks ! You beat me to it

At last champion has delivered.
Price appreciation + bonus shares.
What must be must be.only time will tell.


IEI would have been another wonderful stock but the MTO disrupted it.

Royalex is spotted to deliver 100% in the next 12 months.current price is 61 kobo.

Shareholding structure of Royalex a nice one to move the share price when it's time comes.

Back to my hole

KarlTom:
Ding!!

Oga do you have a bot posting for you?

Please have NASCON credited shareholders their stock dividends?

Ginalex:
Please have NASCON credited shareholders their stock dividends?

They declared bonus shares for year end 2023. Although there was an interim dividend last year.

Ginalex:
Please have NASCON credited shareholders their stock dividends?

l have not seen anything from them and l have been wondering too

Please has anyone received champion bonus shares?

cocolacec:
Any amount you feel comfortable to start a business.
Stock market is for the patient people.

How do i start?
Is Nigeria's stock market profitable compared to other countries?

elmas:
How do i start?
Is Nigeria's stock market profitable compared to other countries?

Sure, it depends on the company stocks you choose to trade,i choose manufacturing,banking,telcomms in my portfolio.You decide which companies you prefer in your portfolio.
i use morgan capital as my broker.Check out their website to register.
https://www.morgancapitalgroup.com/

I think I agree with you. I heard Royalex is restructuring massively as well as going into industrial investments.

Not a financial advice... DYDD

Locotrader:
At last champion has delivered.
Price appreciation + bonus shares.
What must be must be.only time will tell.


IEI would have been another wonderful stock but the MTO disrupted it.

Royalex is spotted to deliver 100% in the next 12 months.current price is 61 kobo.

Shareholding structure of Royalex a nice one to move the share price when it's time comes.

Back to my hole

Stock investment is not rocket science, you need knowledge, patience, consistency and ability to control these two emotions - Fear and greed

4willer:
I think I agree with you. I heard Royalex is restructuring massively as well as going into industrial investments.

Not a financial advice... DYDD

Well said,
Royalex is not an insurance company but a Holding company but has insurance subsidiaries which has attracted foreign investments in recent time.

They raised some money few weeks or months ago to focus mainly on asset mgt.

If you look at it's revenue,you will notice they are yet to do wonders.They have a very low revenue but trying to improve on both the top and bottom lines.This means it's a growth stock.

If their share price with not good financial print is 61kobo,then the expected Q1 result which I think will be very super when compare with the previous year will take the price to another level.

I am attracted to this Royalex because of the shareholding structure.Majority shareholders are foreign investors.The majority/core investors control more than 70% of Royalex plc shares.

When they are through with restructuring,veritas kapital will show some respect to his elder brother.

I only advertise a stock I have and I have been buying Royalex in traches and will continue to buy until it breaks out.

I just feel to drop a little out of the numerous restructuring ongoing at Royalex plc .

Till then.

Streetinvestor2:
My senior oga.I know you are the one.I have two questions
1.Do you still have those your millions of nem
2 How far with the farm then in the North

1.Do you still have those your millions of nem
Sold them a lifetime ago


2 How far with the farm then in the North
Abandoned then sold. Na who dey alive dey find money.

Agbalowomeri:
He didn't wait on his dream. He should have being a billionaire in NEM by now😂

Factoring for currency devaluation was the move that great?

chillykelly86:
You're welcome. You're one of those that made our experience on SMN rich and rewarding. Looking forward to your useful insights.

Thanks. That forum was a life changing experience for me as well. I probably, sorry, most definitely gained more than what ever I gave

By this logic it is only Ethiopia that seems to be the country growing at a steady rate while Nigeria seems to be on a serious decline.

megawealth01:
God help Nigeria

AFRICA'S LARGEST ECONOMIES - 2014, 2023, 2024

2014
1 🇳🇬Nigeria: $568.5 billion
2 🇿🇦South Africa: $381.2 billion
3 🇪🇬Egypt: $321.6 billion
4 🇩🇿Algeria: $238.9 billion
5 🇦🇴Angola: $145.7 billion

2023
1 🇪🇬Egypt: $393.9 billion
2 🇿🇦South Africa: $377.7 billion
3 🇳🇬Nigeria: $374.9 billion
4 🇩🇿Algeria: 244.7 billion
5 🇪🇹Ethiopia: $159.7 billion

2024 - Estimated
1 🇿🇦South Africa: $373.2 billion
2 🇪🇬Egypt: $347.6 billion
3 🇩🇿Algeria: $266.8 billion
4 🇳🇬Nigeria: $252.7 billion
5 🇪🇹Ethiopia: $205.1 billion

#Statisense
(IMF WEO Apr 2024)

Thanks for these insights...gives me some reassurance for the little I have.

Locotrader:
Well said,
Royalex is not an insurance company but a Holding company but has insurance subsidiaries which has attracted foreign investments in recent time.

They raised some money few weeks or months ago to focus mainly on asset mgt.

If you look at it's revenue,you will notice they are yet to do wonders.They have a very low revenue but trying to improve on both the top and bottom lines.This means it's a growth stock.

If their share price with not good financial print is 61kobo,then the expected Q1 result which I think will be very super when compare with the previous year will take the price to another level.

I am attracted to this Royalex because of the shareholding structure.Majority shareholders are foreign investors.The majority/core investors control more than 70% of Royalex plc shares.

When they are through with restructuring,veritas kapital will show some respect to his elder brother.

I only advertise a stock I have and I have been buying Royalex in traches and will continue to buy until it breaks out.

I just feel to drop a little out of the numerous restructuring ongoing at Royalex plc .

Till then.