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Nigerian Stock Exchange Market Pick Alerts - Investment (8280) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:04am On Oct 15, 2024
As expected... grin

Raider76:
There are offers in Aradel already.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:05am On Oct 15, 2024
Xidget:
@Bagwa, Abeg come and share the depth of bid on ARADEL
ARADEL is currently available in market
They're trying to create enough liquidity I guess
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:06am On Oct 15, 2024
No surprises
Raider76:
There are offers in Aradel already. 1.1m bids against 8.8m offers as at now
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:09am On Oct 15, 2024
IamR:
I got the same response from Morgan.
Them no want make una cash out. I pray transcorp power don't happen here.
The moment cscs list the stock, many will book profit.
Re: Nigerian Stock Exchange Market Pick Alerts by brotherly: 10:11am On Oct 15, 2024
mikeapollo:
If a person is not a ''monkey'', then why worry and bother about somebody doing ''monkey hunting'' (MH)?
This is funny.
Very soon, every company that is in the news, no matter how positive or progressive, would be accused of ''monkey hunting'' just to satisfy the whims and caprices of some people.
Oando, Seplat, Aradel and other oil and gas upstream companies will be in the news for sometime to come because the IOCs are divesting away from Nigeria and selling their oil assets to these local companies.
I find it amusing when people praise Seplat at over 5k, while dismissing Oando at 70 naira as a poor investment, without realizing that Oando is a great deal at its current price. The beauty of the market lies in our differing perspectives, and it's through these differences that we find opportunities to profit.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
KarlTom:
As expected... grin
Its that big Oga with offer @840 that came to scare people smiley
Creating liquidity I guess.
The noise before listing was just too much 😁

* He has removed it again.....the single offer was over 5M....
* Let him remove it and allow the stock climb small at least ... He and one or two others with huge volumes... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:23am On Oct 15, 2024
What happened in Transcorp ?
Mpeace:
Them no want make una cash out. I pray transcorp power don't happen here.
The moment cscs list the stock, many will book profit.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:29am On Oct 15, 2024
wow
yMcy56:
Its that big Oga with offer @840 that came to scare people smiley
Creating liquidity I guess.
The noise before listing was just too much 😁

* He has removed it again.....the single offer was over 5M....
* Let him remove it and allow the stock climb small at least ... He and one of two others with huge volumes... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:34am On Oct 15, 2024
Sunrisepebble:
What happened in Transcorp ?
Those founding members rushed to sell their units at the high, as soon as it was listed. Even with the very low free float, transpower is still on red since those guys are not done selling.
Some of these stocks need less availability to move in price. Scarcity is key.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:36am On Oct 15, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:37am On Oct 15, 2024
Demand vs Supply... cool

Mpeace:
Those founding members rushed to sell their units at the high, as soon as it was listed. Even with the very low free float, transpower is still on red since those guys are not done selling.
Some of these stocks need less availability to move in price. Scarcity is key.
Re: Nigerian Stock Exchange Market Pick Alerts by bastardson: 10:41am On Oct 15, 2024
Mpeace:
Those founding members rushed to sell their units at the high, as soon as it was listed. Even with the very low free float, transpower is still on red since those guys are not done selling.
Some of these stocks need less availability to move in price. Scarcity is key.
So technically, we should still hold our money and observe ARADEL?
Re: Nigerian Stock Exchange Market Pick Alerts by bastardson: 10:41am On Oct 15, 2024
Utalinmou:
Use I-invest
Thanks bro, would check them out.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:47am On Oct 15, 2024
Sunrisepebble:
wow
Over N12bn staked on ARADEL so far!
This is huge I think...
Some cross deals still ongoing...
Some guys loading despite its availability
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:48am On Oct 15, 2024
bastardson:
So technically, we should still hold our money and observe ARADEL?
Market has a mind of its own. And in Nigeria, regulators have a mind of their own, if you play ball with them, they give you what you want.
In civilised climes, demand and supply is the rule. But we are not in civilised clime so anything is possible.
The chairman fit make call, and you see 10% gain now now
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:52am On Oct 15, 2024
grin
bastardson:
So technically, we should still hold our money and observe ARADEL?
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:53am On Oct 15, 2024
Honestly, even though we’re in Nigeria, I did not know this happens in the NGX until yesterday when the doyen was on the mic .
Mpeace:
Market has a mind of its own. And in Nigeria, regulators have a mind of their own, if you play ball with them, they give you what you want.
In civilised climes, demand and supply is the rule. But we are not in civilised clime so anything is possible.
The chairman fit make call, and you see 10% gain now now
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:54am On Oct 15, 2024
I think the situation is a bit different with Aradel. While people will want to cash out, I believe demand will be constant for the stock. This is Oil and Gas. And a very generous dividend paying coy. The demand will always be there

Mpeace:
Those founding members rushed to sell their units at the high, as soon as it was listed. Even with the very low free float, transpower is still on red since those guys are not done selling.
Some of these stocks need less availability to move in price. Scarcity is key.
Re: Nigerian Stock Exchange Market Pick Alerts by vefexam: 11:02am On Oct 15, 2024
Sunrisepebble:
Honestly, even though we’re in Nigeria, I did not know this happens in the NGX until yesterday when the doyen was on the mic .
I have planned to start buying shares this month.

But When I also heard it,it discouraged me.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m):
yMcy56:
Its that big Oga with offer @840 that came to scare people smiley
Creating liquidity I guess.
The noise before listing was just too much 😁

* He has removed it again.....the single offer was over 5M....
* Let him remove it and allow the stock climb small at least ... He and one or two others with huge volumes... smiley
What a hefty profit take or is it dump for immediate cash on hand shocked
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:05am On Oct 15, 2024
vefexam:
I have planned to start buying shares this month.

But When I also heard it,it discouraged me.
If I be you.I will never buy....see talk
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 11:07am On Oct 15, 2024
NGX market volatility has been very low. The market is quietly swinging side to side.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:07am On Oct 15, 2024
Hope my money is safe in GTB... grin Wetin sup for transactions on the app bayi?
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:08am On Oct 15, 2024
Sunrisepebble:
I think the situation is a bit different with Aradel. While people will want to cash out, I believe demand will be constant for the stock. This is Oil and Gas. And a very generous dividend paying coy. The demand will always be there
No doubt, demand will always be there, but just assume that cscs did the needful and everyone had access to their holdings, do you know the kind of offer we should have today? You dont do such split that aradel did, then list on an easily accessible maket like NSE and expect people not to take profit.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:10am On Oct 15, 2024
grin
Mpeace:
No doubt, demand will always be there, but just assume that cscs did the needful and everyone had access to their holdings, do you know the lind of offer we should have today? You dont do such split that aradel did, then list on an easily ac essible maket like NSE and expect people not to take profit.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 11:16am On Oct 15, 2024
Why are folks chasing shadows when the real thing is staring at them?
Re: Nigerian Stock Exchange Market Pick Alerts by Emir01: 11:18am On Oct 15, 2024
megawealth01:
Hope my money is safe in GTB... ;DWetin sup for transactions on the app bayi?
Contact Customer Care Representative. It's everywhere on the SM that GTB, Zenith, Stanbic e.t.c is migrating to another platform thereby impacting their service.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:18am On Oct 15, 2024
I agree the Os and free float is too high. Free float is about 60% !

Mpeace:
No doubt, demand will always be there, but just assume that cscs did the needful and everyone had access to their holdings, do you know the kind of offer we should have today? You dont do such split that aradel did, then list on an easily accessible maket like NSE and expect people not to take profit.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:18am On Oct 15, 2024
ProphetUtuocha:
Why are folks chasing shadows when the real thing is staring at them?
Chai. This one na big stone oh. Aradel can never be shadow.
Mind you they own a refinery, the main thin at the moment
Re: Nigerian Stock Exchange Market Pick Alerts by IamR: 11:20am On Oct 15, 2024
Mpeace:
No doubt, demand will always be there, but just assume that cscs did the needful and everyone had access to their holdings, do you know the kind of offer we should have today? You dont do such split that aradel did, then list on an easily accessible maket like NSE and expect people not to take profit.
You are right. It is just a mess.
Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 11:32am On Oct 15, 2024
Yemy3m:
get ready. important news out .soon.
Any update grin
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