₦airaland Forum

Zagee:
I don't follow the market again. You people have given me 75% paper profit in RT . What's going on here

Oando is now giving me sugar daddy vibes🤣.
*Circa 50. Strategic level.* 🚀

August 27, 2024

We have a lot of researches that concluded that women are better stock market investors than men. They usually have a better long term portfolio performance than men, not due to knowledge or skill but due to patience

Oga Emma statement in bold is rich. The key word is the last word. Patience! I learnt it by force.

I brought One million units of UCAP at N1.00. At N3 I felt I should not be greedy. 200% gain is not bad. I exited.

The rest as you all know is history.

When I analyze my kill. I kill and go to sleep.

Most sellers were people who bought around ₦40 and were skeptical of losing their profit...

Meanwhile the buyers were waiting with sharpened cutlass

lionshare:
31m Units before 10:30 AM is crazy

When is the Q3 result likely to drop?

Sweet Oando, Sweet Aradel.

Just sold 10,000 Aradel I bought @₦365 yesterday to take my first profit from Aradel.

I am using that proceed to purchase Oando. I want to pick 20,000 units of Oando and resell at ₦75.

It is a gamble I am willing to take.

KarlTom:
Most sellers were people who bought around ₦40 and were skeptical of losing their profit...

Meanwhile the buyers were waiting with sharpened cutlass

It could also be Mr Wale mopping up the recurring full offer to create balance

Zagee:
This is too clean for a portfolio. Very very very safe

You sure say you get the liver. UBA wey I dey average down from N4 down to N2 that year.

KarlTom:
Most sellers were people who bought around ₦40 and were skeptical of losing their profit...

Meanwhile the buyers were waiting with sharpened cutlass

The size of the cutlass really matters.

emmanuelewumi:
You sure say you get the liver. UBA wey I dey average down from N4 down to N2 that year.

🙆🏽‍♂️🙆🏽‍♂️🙆🏽‍♂️Wow! I can only imagine!!

Show me how much you made in your sound stock this morning let me show you how much I made in Japaul this morning as a trader.

This Japaul will continue to pay Loco in both short and long terms.

I have ones kept for #15 price
I have ones kept for #5 price
I have ones kept for #3.50 price.

Now the ones bought at 2.05 are successfully sold at 2.21-2.30.

The stock will still rise to #2.50 in coming days.
And the bull will hit it big

Make I go take Alomo bitters come back

lionshare:
31m Units before 10:30 AM is crazy
When is the Q3 result likely to drop?

OANDO:
Over 2bn Naira done in transactions so far.....
Inching up gradually....
From low of 58.90 to above 62 as at now
At least it's now back to trading and any positive news will send it up from here....
Q3 should show more improvement from the look of things......let's see if this will drop before end of this month.

Market situation as at now attached...

robobo:
This is the good side to it if it can be pulled off.

Whether retail pick it up or the deep pockets i think it shouldn't matter.

They are all being pulled off. Fat cats will just get unduly fatter in the process as they are buying and diluting heavy volumes of the shares at great discounts.

https://doclib.ngxgroup.com/Financial_NewsDocs/252_Notification_of_Dealing_-_Temitayo_Ogunbanjo.pdf

Two of Aradel's top management purchased shares on the floor with one of them being significant.

Temitayo (GM Refinery) acquired #570,352 units at N372 per share on Tuesday for a consideration of N212M.

Disclaimer - Not suggesting anything. Just FYI.

designking:
The mind of a trader is quite different from a passive stock investor.

I am from a Forex trading background. I will be too scared holding a stock for even 6months. Nigeria political atmosphere is very unstable and policies can change any time.

A lot of people bought bank stocks several years ago above ₦50 during their public offers but what is the value after 5years.

A trader constantly enter/buy at support levels and selloff at resistance levels. He keeps doing this year in year out blending across policy changes and policy summersaults.

A good trader is on top of the food chain. We win some and lose some but ultimately we edge forward.

KarlTom:
The bolded is debatable.

If I had spare funds today, I will purchase UBA @30. Knowing that the price will get to >₦36 within 2weeks (because of the RI).

That's ~ 20% profit.

And IF anything changes, I hold on

I was referring specifically to Loco. How person wan sleep for night after truckloading penny stocks with no earnings Lol

Agbalowomeri:
I was referring specifically to Loco. How person wan sleep for night after truckloading penny stocks with no earnings Lol

I no dey buy your type of bullion van earnings stocks.
Na the small ones with improved earnings I dey buy.Those ones dey always catch small small fish for me.

Verily, I say to you, you shall be insured in due season.

Or to reduce the minority shareholders stake...

bolton08:
It could also be Mr Wale mopping up the recurring full offer to create balance

KarlTom:
Or to reduce the minority shareholders stake...

Exactly my thought... Wale will do anything to reduce the minority shareholders as much as possible.

ARADEL on Full Bid

yMcy56:
OANDO:
Over 2bn Naira done in transactions so far.....
Inching up gradually....
From low of 58.90 to above 62 as at now
At least it's now back to trading and any positive news will send it up from here....
Q3 should show more improvement from the look of things......let's see if this will drop before end of this month.

Market situation as at now attached...

Does Oando release Q3 results? Is it mandated by SEC/NGX?
If yes, then I expect the PAT to hit around N100-N150b or more .
Please ignore my posts if necessary.
This is not to encourage anyone to buy Oando.
Oando may crash. It may also rise.

KarlTom:
ARADEL on Full Bid

10% up

mikeapollo:
Does Oando release Q3 results? Is it mandated by SEC/NGX?
If yes, then I expect the PAT to hit around N100-N150b or more .
Please ignore my posts if necessary.
This is not to encourage anyone to buy Oando.
Oando may crash. It may also rise.

They would have released it if there was anything good inside. I could be wrong though

Please, what is the fate of UNIC INSURANCE and its shareholders?

bolton08:
It could also be Mr Wale mopping up the recurring full offer to create balance

Like DeruggedProf said, Wale might not need to lift a finger.
OANDO still have more prospects.....
It's undervalued even when you consider the ENI/AGIP acquisition.
O&O accusers also agree to this..
Their complaints was more about the management and, just like Tony, the CEO may spring a surprise too. 😊
Tony this, Tony that....na the same Tony dem dey praise now.

mikeapollo:
Does Oando release Q3 results? Is it mandated by SEC/NGX?

What do you intend to ask?

Locotrader:
If the later result,the IFRS17 is the true result of CHI Group,I think price has to rise above #2 by now.

With time, Chi should achieve this.
It started from kobo remember.
Don't you remember how long it took MANSARD from coming out of N1.50/1.60, even after reconstruction....
Investors' apathy towards insurance sector.

KarlTom:
ARADEL on Full Bid

My sweet Aradel... A rare gem.

yMcy56:
What type of question is this?
Or should I say what do you intend to ask?

I have not taken note of any Q3 results released by Oando in the past, hence I am not sure if they will release one for 2024.

gbengafaro1986:
Why hasn't UCAP bonus been credited to CSCS because i can see it credited on Africa Prudential app INVEARN

They are still waiting for Tony to finish his permutations and instruct them.

yMcy56:
With time, Chi should achieve this.
It started from kobo remember.
Don't you remember how long it took MANSARD from coming out of N1.50/1.60, even after reconstruction...

It's building up .
Might close at 1.59 today.
Attention has been drawn to the stock.
Market is watching it

Raider76:
They are still waiting for Tony to finish his permutations and instruct them.

CHI plc @ full bid.

Nsempa wonder