₦airaland Forum

Xidget:
Omo, this Aradel na pure One chance

BabsO2:
The PO for Dangote Sugar was Monkey Hunting. But so many brokers praised it in the same way some praised Aradel and gave it a N1,200 valuation (NB: DS is a bigger MH than Aradel ) . Alhaji ripped off those that bought the Sugar IPO so don't mention because they are not Monkey Hunting. Aradel would have done the same on a lower scale than Alhaji, if not because of it's prior listing on NASD with many already in the know of the relatively bloated price.

Streetinvestor2:
I don't know .I thought some people say it is possible in thr adverts for that sector. The only real estate I do is just to buy land and keep as an igbo man..lol

ositadima1:
You are right about the 20%; you should not invest that much in any investment even when you think it is very good. Now, is the Oando reservoir of crude oil fake and based on hope? What is the worth of such a reservoir? What is its worth compared to debts owed? Can you answer these questions? If not, then why is your own opinion not based on hope?

yMcy56:
..but you were here when people were talking about UBA @22/23, ACCESS went as low as 18+ below right issue price, why not pick some?
TRANSPOWER @271
Even OANDO @70......even though this one na high risk stock......😊
MTNN @below 180...... preferably @175 and below
Also few other ones...

For UBA, you for don chop interim of N2, still come chop price appreciation self.


Market waiting for Q3 results anyway, keep monitoring for those with good numbers

emmanuelewumi:
Referring to Dangote Sugar that made a loss but released their result, compared to Oando that might have made a loss and didn't not release the result.

10 months after 2023 result is not out, 6 month 2024 is not out.

ositadima1:
You are right about the 20%; you should not invest that much in any investment even when you think it is very good. Now, is the Oando reservoir of crude oil fake and based on hope? What is the worth of such a reservoir? What is its worth compared to debts owed? Can you answer these questions? If not, then why is your own opinion not based on hope?

emmanuelewumi:
I never mentioned any stock in my statement.

If it is in the most recent report it is not hope

ositadima1:
So, are you suggesting that if the new oil reservoir acquisition from Agip, which we saw in 2024, wasn't mentioned in the 2023 reports, then it should be hope driven investing? Or am I misinterpreting your point?

BabsO2:
Monkey Hunting get different levels
If not because regulators stopped the merger, DS investors would have been further ripped off by over allocation of Dangote Food shares to Dangote Rice

emmanuelewumi:
Did you care to read the previous auditors comment about the going concern status?

That is the first thing I read before going through the financial.

A lot of information are in that small print, but most of us don't read it

emmanuelewumi:
But contrary opinions were welcomed


I was once banned on this thread about un top Oando matter.

I had to write Seun that the moderator should tell me my offence

Streetinvestor2:
Are you serious. So they took it to that level.I now see why they hated me so much because of oando matter.

emmanuelewumi:
If you are not an insider you should invest based on available facts and figures not based on hope.

But if you must invest based on hope, don't have more than 20% of your fund invested based on hope

yMcy56:
Pls stop this bias...
It's the b.o.t that used to ban people indiscriminately..
I've been banned several times here....
Why did you think I created this Ymcy account aside the Mcy I was using before?
It was because of incessant ban that time, so I had to create Ymcy acct in addition to it.
Let's keep open mind pls.
If you continue to have this kind of mindset, it's wrong and not good for your health. 😊

chillykelly86:
Very crucial additional questions:

1. What're the costs of getting those crude oil in reserves out?
2. How fast can they be gotten out?
3. Is the value of the crude oil guaranteed, on the long run, vis-a-vis
global crude oil demand?

No matter our(African) arguments, the crude oil demand by the major consumers (North America, Asia and Europe) is not looking bullish. And we can't force crude oil down their throats, eventually. Thank God for Dangote Refinery: at least, we should have some level of energy security.

Locotrader:
These 3 companies are on board meetings now.

Chams
The initiates
JapaulGold.

Their Q3 results May show today or tomorrow

Streetinvestor2:
Are you serious. So they took it to that level.I now see why they hated me so much because of oando matter.

mikeapollo:
It is a fact that there has never been a single oil and gas upstream company in Nigeria's history which commands the quantum of oil and gas reserves that Oando has acquired, that has been declared bankrupt or liquidated because it was no longer a going concern!
Oando is having cashflow problems, but they have assets that are worth more than their total liabilities! How quick they are able to generate the necessary liquidity to settle their liabilities is the challenge here!

Locotrader:
@ Mercy
I opened an account with Atlas portfolio.
Their platform is not ok for my type of funding and withdrawing.
Gone are the days when one has to notify for payment made or request for withdrawal manually.

The DLM also has this type of funding and withdrawals.

I will finally settle for Stanbic or cardinalstone due to their robust platforms which is more favourable but will negotiate about fees as I have communicated with both firms for reduction of brokerage fees.

yMcy56:
Pls stop this bias...
It's the b.o.t that used to ban people indiscriminately..
I've been banned several times here....
Why did you think I created this Ymcy account aside the Mcy I was using before?
It was because of incessant ban that time, so I had to create Ymcy acct in addition to it.
Let's keep open mind pls.
If you continue to have this kind of mindset, it's wrong and not good for your health. 😊

emmanuelewumi:
How long have you been in this market?


Have you been investing for 15 years and above?


Na today

emmanuelewumi:
Mr Emmanuel,
You promoted Dangote sugar merger without the facts and even forecasted a price target of 125-200 naira both on this thread and Treasury bill thread. I am sure there are many members whom bought based upon your analysis. What informed your basis that the biz was worth that price? Dangote rice wasn’t even in business but you pushed the narrative it was worth a lot than the other combined entities.
The fact we are not in a stock doesn’t mean we should be against it. Even Aradel you pushed a valuation of #700, how did you arrive at such valuation?
Selective bias is okay but do well to make full disclosure.
Regards
Did you care to read the previous auditors comment about the going concern status?

That is the first thing I read before going through the financial.

A lot of information are in that small print, but most of us don't read it

emmanuelewumi:
In my case it was not bot.

I wrote Seun and I was unbanned immediately