₦airaland Forum

phadriz:
Japaul turnover for 9 months in 2024 is N2.14B, the same company got a contract of average of N1B per month. The company is to start Gold mining on or before Jan 2026 which is about 13 months time, during the period they will start installation of the gold processing plant. The news of the commence of the installation of the facility could drive the price to N10. I don't think I need a prophet to tell me to buy 50m units of Japaul.

Sunrisepebble:
The Oando insiders should come and give us details.
I always try my best to give full details when I can

Sunrisepebble:
170. I must see the end of that MTO. This is a two weeks strong bull kind of news

Thanks for the analysis

GeeKudi:
At best, you are only going to get a prophetic declaration - "they will chase iit and shall not find it".

I advise you to just believe it for "he who believes the prophet shall reap the benefit of the prophet".
Na so we see am.

megawealth01:
Which prophet?

mikeapollo:
Lol!
Spiritualization of stocks unloading!

Those of you who do not believe in our self-proclaimed ''Oando prophet'' should not look for our trouble ooo!
Monkey no fine, but im mama like am.

megawealth01:
Oando Prophet? 😳

Streetinvestor2:
Lol.I thought you said you go japa at #75..The chiko guys have too much cash and looking for whr to invest. And trump government won't be thr fan.Then chiko sabi fear.Once at agm thr is resistance they go add money because they sabi cut corners. They know they will make back thr cash back in naija so they will definitely go private

yMcy56:
WAPCO
The agreement....
https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Lafarge_Africa_Plc_-_Dec_2024_Press_Release.pdf

Seems this officials in charge of uploading do get high on cheap drugs sometimes......
They re-uploaded the emergency board meeting which was held yesterday again...

emmanuelewumi:
If you average cost price for Lafarge is N30 and below, I think selling at N100 is good enough.


My fair value before the acquisition was N70 getting to sell it at N100 na jara

Sunrisepebble:
This was before I knew they could offer such a premium, wow.
They have come to stress Alhaji Aliko

chimex38:
one of the very few companies in the premium board of the NGX.
Hopefully they will pay premium.

yMcy56:
Except someone that is extremely large or the Directors or long termer or someone that already write it off, who could have just picked and abandon it there, it's not easy for an average person to stay put in a stock at car park for that long......"hoping" it will one day deliver like this.....
It's a risk that's eventually worth it anyway.
Congrats to Megawealth01.

mikeapollo:
.
Please you are free to believe this clueless, incompetent government at your own peril. It is your choice.
They say they are for ''free market economy'', whatever that nonsense means to them.
Governments in developing nations are supposed to take deliberate, targeted decisions to intervene in key areas of the economy to achieve desired results for the benefits of citizens and eliminate or reduce poverty.

A government's attitude, pedigree, antecedents, integrity or lack thereof forms part of their policy credibility and policy appraisal.

A president that would announce a major policy decision like subsidy removal on his inauguration day when there was no cabinet in place, no ministers, no industry or stakeholder engagement, etc. to provide some guidance on the procedure or methodology etc.

A government that woke up one day, without any meaningful stakeholder consultation or engagement and devalued the currency from about N650/USD to N1400 /1USD.

A government that promised Labour and gave them assurance that fuel price would not be increased if they accepted N70,000 as minimum wage, but a few days later deceived them and increased fuel price from N600 to N1000.

A govt that woke up on day and imposed astronomical increases in electricity tariff on citizens without any consultation etc.

A government that woke up one day, without any citizen engagement and changed the national anthem as if it is the personal copyright of the president.

This government takes bizarre actions before it seeks for advice or informed opinion. Such a government cannot be trusted on anything. You are free to trust them though, if they catch your fancy.

Tinubu's government is the worst government in this Republic! You can believe the lies that the CBN and Fin Minister tell you

Streetinvestor2:
@Agbalowomeri,how is your stock fish doing at the moment.

ghm:
Oga, This is not a thread to express political sentiments but to analyse how government policies or lack of it, government actions and inactions affect investments so that we can act and take positions.

For example, in the US and UK where the governments are not clueless, incompetent and useless, the stock markets do experience similar things just like we see it in 9ja.

Agbalowomeri:
You are wondering if it is WAPCO😂

mikeapollo:
.
Please you are free to believe this clueless, incompetent government at your own peril. It is your choice.
They say they are for ''free market economy'', whatever that nonsense means to them.
Governments in developing nations are supposed to take deliberate, targeted decisions to intervene in key areas of the economy to achieve desired results for the benefits of citizens and eliminate or reduce poverty.

A government's attitude, pedigree, antecedents, integrity or lack thereof forms part of their policy credibility and policy appraisal.

A president that would announce a major policy decision like subsidy removal on his inauguration day when there was no cabinet in place, no ministers, no industry or stakeholder engagement, etc. to provide some guidance on the procedure or methodology etc.

A government that woke up one day, without any meaningful stakeholder consultation or engagement and devalued the currency from about N650/USD to N1400 /1USD.

A government that promised Labour and gave them assurance that fuel price would not be increased if they accepted N70,000 as minimum wage, but a few days later deceived them and increased fuel price from N600 to N1000.

A govt that woke up on day and imposed astronomical increases in electricity tariff on citizens without any consultation etc.

A government that woke up one day, without any citizen engagement and changed the national anthem as if it is the personal copyright of the president.

This government takes bizarre actions before it seeks for advice or informed opinion. Such a government cannot be trusted on anything. You are free to trust them though, if they catch your fancy.

Tinubu's government is the worst government in this Republic! You can believe the lies that the CBN and Fin Minister tell you

mikeapollo:
Lol!
Spiritualization of stocks unloading!

Those of you who do not believe in our self-proclaimed ''Oando prophet'' should not look for our trouble ooo!
Monkey no fine, but im mama like am.

SonofElElyonRet:
So what would you say to this spiritual experience i just had now (i kid you not!) ?
Just as i was about to open the NSEMPA thread i heard "Ellah on fire!"

ghm:
Okay o.
I hear you; all the statements above are factual and true but I am not disturbed as such because my focus is not to be right.

If I believe all these as dead end, I won't touch any company in Nigeria with my money nor be on this platform/thread to glean information on the best place to position. Despite them, my NSE portfolio increased greatly, much better than the LSE and NASDAQ within the same period even with the FX fluctuations. Where do you see bulls of 300% to 1200% in several companies within a short time?

SonofElElyonRet:
So what would you say to this spiritual experience i just had now (i kid you not!) ?
Just as i was about to open the NSEMPA thread i heard "Ellah on fire!"

ghm:
Okay o.
I hear you; all the statements above are factual and true but I am not disturbed as such because my focus is not to be right.

If I believe all these as dead end, I won't touch any company in Nigeria with my money nor be on this platform/thread to glean information on the best place to position. Despite them, my NSE portfolio increased greatly, much better than the LSE and NASDAQ within the same period even with the FX fluctuations. Where do you see bulls of 300% to 1200% in several companies within a short time?

mikeapollo:
Don't mix the issues. The performance of stocks on NGX is not the making of this clueless Tinubu govt. Infact the NGX would have performed better if not for the Tinubu govt that has made many companies to record huge losses in the last one and half years. So don't confuse the two issues. We all are using the NGX as a means to make something for ourselves in spite of the difficulties

ghm:
Okay o.
I hear you; all the statements above are factual and true but I am not disturbed as such because my focus is not to be right.

If I believe all these as dead end, I won't touch any company in Nigeria with my money nor be on this platform/thread to glean information on the best place to position. Despite them, my NSE portfolio increased greatly, much better than the LSE and NASDAQ within the same period even with the FX fluctuations. Where do you see bulls of 300% to 1200% in several companies within a short time?