₦airaland Forum

edwardaigb:
Someone please help with Morgan Wema bank account number. thank you.

Wema

0125780364

House , please what is the difference between NASD, FMDQ and NGX?

Raider76:
Please can you recall at what price Aradel first listed on NASD?

Less than N100 with about 150 million shares until 6 years ago when some private equity investors came on board and additional shares allocated to them making it a total of 220 million shares

Haaaaa! A beg, off the mic, is enough.

Sunrisepebble:
Me sef I want to know. Someone has mentioned they know people who bought at #25 to me previously, so might be around that level

Sunrisepebble:
Me sef I want to know. Someone has mentioned they know people who bought at #25 to me previously, so might be around that level

Thanks. This is what they call a "Blackswan Event". From #15m investment to #12b.

Kaaaiiii!

emmanuelewumi:
Less than N100 with about 150 million shares until 6 years ago when some private equity investors came on board and additional shares allocated to them making it a total of 220 million shares

Yes, a convertible loan from African Capital Alliance which was turned to an equity stake in the company

emmanuelewumi:
Less than N100 with about 150 million shares until 6 years ago when some private equity investors came on board and additional shares allocated to them making it a total of 220 million shares

Sunrisepebble:
Me sef I want to know. Someone has mentioned they know people who bought at #25 to me previously, so might be around that level

He must be a pioneer investor when they started about 34 years ago at Gbagada Lagos.

It was formerly called Niger Delta Exploration Plc.

I bought 8 years ago for less than N200 sha

Sunrisepebble:
Yes, a convertible loan from African Capital Alliance which was turned to an equity stake in the company

I was at the AGM at MUSON center where it was approved by shareholders

Oando 🇳🇬 shortlisted by the Trinidadian government as a top contender to take over the country’s state-owned refinery

Emir01:
Innosons dey crazy and mad. He has no case, just being stupid and foolish around.

plus, on top of it all, al wasl and bombocrat. chai !

I will find out from him, you are most likely right because funny enough he lives in Gbagada and has done so all his life

emmanuelewumi:
He must be a pioneer investor when they started about 34 years ago at Gbagada Lagos.

It was formerly called Niger Delta Exploration Plc.

I bought 8 years ago for less than N200 sha

Wow

emmanuelewumi:
I was at the AGM at MUSON center where it was approved by shareholders

I hope the pioneer workers of Aradel are alive to witness this day

The founder said it was very difficult to pay salaries when they started and had to pay the workers with shares in the company.

About 8 years ago some of this workers who were at management level had between 500k to 800k shares which should be equivalent to 10 million to 16 million shares after the stock split currently valued at N6 billion and N10 billion

Sunrisepebble:
I will find out from him, you are most likely right because funny enough he lives in Gbagada and has done so all his life

The founder also lived at Gbagada must have relocated to the Island, he invited his friends to invest in the company. A Yoruba from probably Oyo or Osun state

Sunrisepebble:
Aradel gang our 1k is very possible before listing on NGX . I have a source who has been in the stock since inception, holds 12mn units post split, every time it gains 10% it’s printing 700 million for him

Nice updates.
Na so I sidon dey look Nestle at N9 thinking it was too expensive while buying Savannah Bank at N2 (though I sold before it went under), but see the difference even without factoring all the bonuses Nestle gave over the years!
Time for us to find the next Aradel on NASD or NGX.
Some of us have been long enough in this business to be talked about as we are now interestingly doing about other early birds.
It’s a challenge to all contributors on this thread:
TA
FA
SA
EA
You name it.

Na follower later emerge leader....
Until our breakthrough my comrade.

jonnysessy:
The type of money I dey hear for this forum dey make me fear o. Is there no NSEMPA for beginner investors. But, all the same I will be tagging along until my breakthrough

emmanuelewumi:
I hope the pioneer workers of Aradel are alive to witness this day

The founder said it was very difficult to pay salaries when they started and had to pay the workers with shares in the company.

About 8 years ago some of this workers who were at management level had between 500k to 800k shares which should be equivalent to 10 million to 16 million shares after the stock split currently valued at N6 billion and N10 billion

honestly

OakPearl:
Nice updates.
Na so I sidon dey look Nestle at N9 thinking it was too expensive while buying Savannah Bank at N2 (though I sold before it went under), but see the difference even without factoring all the bonuses Nestle gave over the years!
Time for us to find the next Aradel on NASD or NGX.
Some of us have been long enough in this business to be talked about as we are now interestingly doing about other early birds.
It’s a challenge to all contributors on this thread:
TA
FA
SA
EA
You name it.

whr u not informed. They say it is elleh lake or japaul diamond. Thr money will be kept by unity bank.
I come in peace

Ginalex:
Started my #1million 100% ROI challenge today. Re-entered Dangsugar at 30.80

Not to digress from the educative discussion about Aradel but for curiosity, why Dangote sugar? Kindly share, madam.
In this time of N1000/L petrol, it is difficult to see any obvious reason why Dangote sugar will return 100% unless the merger talks return to the table.
Mine may be an uncommon case, but I have reduced my Dangote holdings previously at N17.59 BE by 50% - sold at N52-55 and N34. I guess many like me bought based on perceived fundamentals. To recover from the current state of shareholders funds, forex loss, dividends streak, interests on loans, negative EPS seems like an uphill task especially with no solution to forex volatility in sight.
In my opinion, many dividends-paying stocks have more potentials of returning 100% sooner than Dangote sugar. Just a learner's point of view, and ready to buy once a good signal is seen.

RodgersAkpafu:
honestly

Work for a fair and God fearing boss and all will be well

Dividend income for the pioneer workers in 2024 should be about N200 million to N300 million

emmanuelewumi:
I hope the pioneer workers of Aradel are alive to witness this day

The founder said it was very difficult to pay salaries when they started and had to pay the workers with shares in the company.

About 8 years ago some of this workers who were at management level had between 500k to 800k shares which should be equivalent to 10 million to 16 million shares after the stock split currently valued at N6 billion and N10 billion

This is really inspiring!

emmanuelewumi:
Work for a fair and God fearing boss and all will be well

Dividend income for the pioneer workers in 2024 should be about N200 million to N300 million

Abeg help us with names some of these God fearing ogas way you sabi as per old school in this business .I have been rebalancing my portfolio. I like people who fear God and not the so called born agains

OandO. +1.99%
ETERNA. ±

Streetinvestor2:
Abeg help us with names some of these God fearing ogas way you sabi as per old school in this business .I have been rebalancing my portfolio. I like people who fear God and not the so called born agains

lmaoooo

e reach to ask big chief

jonnysessy:
The type of money I dey hear for this forum dey make me fear o. Is there no NSEMPA for beginner investors. But, all the same I will be tagging along until my breakthrough

Don't worry just start with whatever you have and build your WEALTH slowly but steadily. Get a real life financial mentor possibly someone you can also get counsel from in person. You will soon be cruising in good monies

https://dailytrust.com/ty-danjumas-company-takes-over-taraba-power-station/

TY Danjuma going into power. But the company he is using, KP Hydro Ltd, is not yet listed. Hope he will list it on NASD.

With these results of the popular FUGAZ, I only have 2 questions. One for GTCO and the other for Access. E get to do with ratio of revenue to PBT.
From the Revenue point, I think the elephant is back up there
Cc: Nairametrics

Mpeace:
With these results of the popular FUGAZ, I only have 2 questions. One for GTCO and the other for Access. E get to do with ratio of revenue to PBT.
From the Revenue point, I think the elephant is back up there

ACCESS the more you look the less you see. See the level of inefficiency

Streetinvestor2:
whr u not informed. They say it is elleh lake or japaul diamond. Thr money will be kept by unity bank.
I come in peace

Why are you making fun of these three stocks. Afterall, i can see volume and value move in two of the stocks which signifies something cooking.

Mpeace:
With these results of the popular FUGAZ, I only have 2 questions. One for GTCO and the other for Access. E get to do with ratio of revenue to PBT.
From the Revenue point, I think the elephant is back up there

GTCO efficient die... I'll buy it when the dust of recapitalization settles

megawealth01:
Don't worry just start with whatever you have and build your WEALTH slowly but steadily. Get a real life financial mentor possibly someone you can also get counsel from in person. You will soon be cruising in good monies

If this one on the airwaves that had no money to pay salaries at a time, this your $1 valuation may happen as Mr TIME pleases. I am moving from N170 & N400 PE analyst valuation to 50cents sef