₦airaland Forum

onuku:
My people, please what is going on with TRANSCORP? Last year I checked, it was N1.98. What is the current price? I bought 250K units then at N1.98.

Thank you.

Ddll:
Unity Bank come and see what your ‘mates’ are doing o

Locotrader:
I am also expecting stocks like Gtb,zenith to touch 100 before Q1 2025.


UBA ,Access,FBN etc follows like never before.

When you see this type of bull,what will come to your mind?

It's coming

ololufemi:
Oga Loco, I greet thee.o! 🙌🏽 🫡

Baba, these wise words from you are similar to the signals RabbiDoracle gave on this platform some few years back. 🤔

He who has learnt from that experience should have sharpened his cutlass, cleared the fields and sowed quickly. One thing I know is that those banking stocks are ridiculously cheap.

Locotrader:
The Initiates....
TIP.
Enjoy the ride.
This one will even touch #10 when the rain begins.

Power of free floats

ojeysky:
Gathered a little of that stock. By the way @Locotrader how far with championbrew, is it still a accumulate status for you or hold or sell?

Locotrader:
Every stock you heard from me is a good buy/hold.

Champion
Royalex
Aiico
Cileasing
TIP
Japaul
Multiverse
Chams
Abbey building

Now I want to tell you that plenty money will be made by people in junk stocks like

Omatek
Daarcom
Tantalizer
National sports lottery
Deap cap
Universal ins

Let's enjoy the karakata and also prepare for the negative side of it.

After the rain,there will be flood for months

Locotrader:
The funds going into Apt securities,cardinalstone,Stanbic Ibtc brokers these days is very suspicious.
It is a sign of raging bull.As a result of these volumes,most stocks are now trading in a range.Some has started breaking out,some still consolidating on heavy volumes.I am expecting one news that will spark this bull.

From now to November ending

Mpeace:
Seplat. Huge increase in PAT and 20% increase in quarterly dividends to 3.6cents.

Bua and nestle results out too.

ositadima1:
Have you considered that the naira's value is not what it used to be? All that money you think you're seeing isn't worth as much anymore.

Let me give you an example: a nurse who traveled abroad in 2021 managed to save over $50,000 in three years of work. When she decided to invest it in the stock market, she was able to invest over ₦80 million. Previously, that same $50,000 could barely raise ₦25 million. (Please don't argue about these amounts - I personally know someone who did this.)

All these billions and millions you see are inflated. One plot of land in the villa - I'm talking about land inside, not along the road - is now selling for ₦10 million, something that was selling for ₦2-3 million not long ago.

The point is that most stocks are undervalued relative to the current naira valuation. That's why I was talking about recalibration, so we can perceive the true worth. Most people still look at the naira the way it was a few years back and use that as their reference point.

What I'm saying is quite easy to understand, but I know ego will prevent you from accepting it.

chimex38:
Nigeria Currency
#From a Data Analyst.

https://leadership.ng/need-for-nigeria-to-introduce-new-currency/

chimex38:
Nigeria Currency
#From a Data Analyst.

https://leadership.ng/need-for-nigeria-to-introduce-new-currency/

designking:
Very true. There is a need for a company's worth on the NGX to be recalibrated because all their product prices have been recalibrated even salaries recalibrated... So why won't the companies networth recalibrated.

It is not actually a bull run, it is just companies recalibrating their networth to current realties.

Agbalowomeri:
Nestle results dey turn person eyes Lol

edwardaigb:
Be careful with what you buy, yeye stock can lock your money for years. I no sabi grammar. Talking from almost 20 years experience.

ositadima1:
You'll be surprised when you start selling, thinking you've reached the peak - you'll miss out on further upward movement. There won't be an overall market crash; what you'll see instead are individual stock corrections, similar to what we witnessed earlier this year.

Of course, there are exceptions - certain factors that could cause an overall crash, which I've listed previously.

if the market continues its current trajectory, it will gradually rise until it matches the true naira value. I can confidently tell you that any corrections will be met with more buying pressure.


Please, no follow me o, do your own DD, nothing way I sabi, na just tumbom tumbom

Sunrisepebble:
It will always increase in naira due to FX. PAT and Revenue is down in USD terms. PAT down by more than 50%….
Mind you PBT is up. The huge tax expenses this year are impacting the bottom line

emmanuelewumi:
Another interim dividend of about N59.00 per share from Seplat

Locotrader:
Every stock you heard from me is a good buy/hold.

Champion
Royalex
Aiico
Cileasing
TIP
Japaul
Multiverse
Chams
Abbey building

Now I want to tell you that plenty money will be made by people in junk stocks like

Omatek
Daarcom
Tantalizer
National sports lottery
Deap cap
Universal ins

Let's enjoy the karakata and also prepare for the negative side of it.

After the rain,there will be flood for months

sterlingD:
Will Aradel pay dividend being they are now on NGX and no longer on NASD?

emmanuelewumi:
The result will be released tomorrow

Miyachi:
Which Omatek?

Locotrader:
Every stock you heard from me is a good buy/hold.

Champion
Royalex
Aiico
Cileasing
TIP
Japaul
Multiverse
Chams
Abbey building

Now I want to tell you that plenty money will be made by people in junk stocks like

Omatek
Daarcom
Tantalizer
National sports lottery
Deap cap
Universal ins

Let's enjoy the karakata and also prepare for the negative side of it.

After the rain,there will be flood for months