₦airaland Forum

On Aradel, I think anywhere below 500 is a fair price. Im hoping for another pullback to load well, while mopping up anytime its at days low. About to mop at 490 again. If im lucky it reaches 400 or below again, I buy all I want and forget about it for years

I sold 6,000 units of Aradel this morning at ₦535/₦540, I am re-entering step-wisely with 1,000 units daily with the hope the fall will continue tomorrow.

I am very patient with my day trading. Once my market setup is ready, I strike.

Sunrisepebble:
On Aradel, I think anywhere below 500 is a fair price. Im hoping for another pullback to load well, while mopping up anytime its at days low. About to mop at 490 again. If im lucky it reaches 400 or below again, I buy all I want and forget about it for years

Better watch the price movement first....
It's selling @482 presently

Best offer I can see is 499

yMcy56:
Better watch the price movement first....
It's selling @482 presently

Sunrisepebble:
Best offer I can see is 499

Yes, it seem it has climbed suddenly. I think the price is above ₦490 right now

Picked up @ 495.90 and 485 before the offers cleared up. If the insiders see value in it below 500, who am I not to follow them. And from my own DD around #500 was the fair value. Still a week to go till the dividend qualification date, hopefully more attractive price points will show up

designking:
Yes, it seem it has climbed suddenly. I think the price is above ₦490 right now

Sunrisepebble:
Picked up @ 495.90 and 485 before the offers cleared up. If the insiders see value in it below 500, who am I not to follow them. And from my own DD around #500 was the fair value. Still a week to go till the dividend qualification date, hopefully more attractive price points will show up

I just bought 1,000 units now at ₦500/share. If it dips tomorrow, I hope to buy another 1,000 units

Not to burst your bubble but I feel there's a need to exercise caution with the bolded.

Personally, my pre-NGX price was ₦260. Most insiders will have ₦5, ₦20, ₦30, ₦100 as their entry price so IF they are buying at ₦500, it is not an absolute indicator of "seeing value"...

Sunrisepebble:
Picked up @ 495.90 and 485 before the offers cleared up. If the insiders see value in it below 500, who am I not to follow them. And from my own DD around #500 was the fair value. Still a week to go till the dividend qualification date, hopefully more attractive price points will show up

You sold at ₦535 to buy back at ₦500?

That's super stressful (and risky) trading...

designking:
I just bought 1,000 units now at ₦500/share. If it dips tomorrow, I hope to buy another 1,000 units

designking:
I just bought 1,000 units now at ₦500/share. If it dips tomorrow, I hope to buy another 1,000 units

I am staying away from Aradel until it has established a clear trend pattern and a value zone.

We might not know this zone until the FY24 is released OR/AND the Shell acquisition is completed...

Raider76:
I am staying away from Aradel until it has established a clear trend pattern and a value zone.

KarlTom:
You sold at ₦535 to buy back at ₦500?

That's super stressful (and risky) trading...

Someone has to feed the brokers ...

SonofElElyonRet:
Regal

Regal not yet added

Mallam should not go broke while trying to feed the brokers.
Use your kettle wisely...

Raider76:
Someone has to feed the brokers ...

KarlTom:
Not to burst your bubble but I feel there's a need to exercise caution with the bolded.

Personally, my pre-NGX price was ₦260. Most insiders will have ₦5, ₦20, ₦30, ₦100 as their entry price so IF they are buying at ₦500, it is not an absolute indicator of "seeing value"...

You just repeated what the insider is seeing. If as an insider or investors I buy a stock at #100 and still buying at #500.That means I am seeing the stock worth from #800 and above.
I bought presco at 345.And since this month I have been buying at 436.9 /440 because I see value above that.Ai litter of palm oil now is above 2k

Fair point but I doubt someone will buy stocks worth 200m without seeing upside down the line. This my entry here is for the long term (i.e 2 years +), I highly doubt it'll be trading at these levels at that time, so im not really bothered about what happens in the short term. By then hopefully SPDC has been approved and we have a fully deregulated downstream sector, LSE may or may not have happened also. All significant upside potential

*Now on Full offer

KarlTom:
Not to burst your bubble but I feel there's a need to exercise caution with the bolded.

Personally, my pre-NGX price was ₦260. Most insiders will have ₦5, ₦20, ₦30, ₦100 as their entry price so IF they are buying at ₦500, it is not an absolute indicator of "seeing value"...

ARADEL Full Offer

Nothing on this chart that seems to suggest that the law of gravity is still not in play.

Wow, Maximum respect boss

megawealth01:
Pastor Chris is my Spiritual Father so I know our language 😘

KarlTom:
You sold at ₦535 to buy back at ₦500?
That's super stressful (and risky) trading...

I bought the 6,000 units at an average price of ₦400. I made about a million naira from that trade.

I am reloading again but cautiously. The dipper it drops the more investments I make.

Raider76:
https://nairametrics.com/2024/11/13/ellah-lake-declares-zero-revenue-for-two-consecutive-years-as-cbo-capital-sells-down-81-million-shares/

How is this possible. They didn't generate revenue or didn't make profit. So whr did they get money for all the expenses and others. What kind of French is this now.You made zero revenue and still spent this kind of money. They need to invite efcc for the management. This is scam alert

Raider76:
I am staying away from Aradel until it has established a clear trend pattern and a value zone.

Me, until I assess that those 700M units seller(s) have emptied their warehouse.

zendi:
Me, until I assess that those 700M units seller(s) have emptied their warehouse.

Obvioisly, they are still selling. Their approach now seems not to be in a rush so as not to create a glut.

It creates an opportunity for those who are interested in minimal profit to flow along with the game. It's going to be a very long game.

There has been no directors dealings to that effect, I dont think we can come to the conclusion tat ACA are still selling yet

GeeKudi:
Obvioisly, they are still selling. Their approach now seems not to be in a rush so as not to create a glut.

It creates an opportunity for those who are interested in minimal profit to flow along with the game. It's going to be a very long game.

designking:
I bought the 6,000 units at an average price of ₦400. I made about a million naira from that trade.

I am reloading again but cautiously. The dipper it drops the more investments I make.

Cool am curious, how much capital did you start with on this journey?

designking:
I bought the 6,000 units at an average price of ₦400. I made about a million naira from that trade.

I am reloading again but cautiously. The dipper it drops the more investments I make.

You made a million, 👍
Why are you desperate to loose the profit of a job well-done?
If you must re-enter,shouldn't be today bro.
Always keep a chart by your side when trading.
Tradingview.com is there to help at this time

GeeKudi:
Obvioisly, they are still selling. Their approach now seems not to be in a rush so as not to create a glut.

It creates an opportunity for those who are interested in minimal profit to flow along with the game. It's going to be a very long game.

Exactly my game plan. The Aradel price fluctuations is artificial and it creates a great opportunity for us who want 20+% profit.

I have been able to capture twice this Aradel trading pattern. Hopefully this third movement should be able to see ₦350 before returning back to ₦500

Sunrisepebble:
There has been no directors dealings to that effect, I dont think we can come to the conclusion tat ACA are still selling yet

Was there such a release when they started selling? I didn't come across anyone; may have missed it.

There was, I posted it here

GeeKudi:
Was there such a release when they started selling? I didn't come across anyone; may have missed it.

Why this big gap in sugar bid/offer.Alhaji you don use our sugar money settle your refinery wahala finish. It looks you have won the war on refinery side

Sunrisepebble:
There was, I posted it here

Oh! I missed it. If you don't mind, did it only report what they sold the first day or did it contain any info about the selling plan?

They sold the first three days of listing. The reason they stated was to provide initial liquidity for the listing. Whether that is true or not, remains to be seen. I doubt they’ll tell the market directly that they’re exiting. So if there’s another directors dealings notification of sale from them, we can draw a better conclusion

GeeKudi:
Oh! I missed it. If you don't mind, did it only reported what they sold the first day or did it contain any info about the selling plan?