₦airaland Forum

designking:
Wapco is hitting ₦70 today. Another full bid.

ghm:
You are the one mixing up the issues Sir.

The title of this thread is "Nigerian Stock Exchange Market Pick Alerts" and not about politics or an evaluation of the government of the day and their policies. I keep redirecting you but you were bent on forcing your opinion of the government on us in this thread.

Sunrisepebble:
This is why I’ve been picking MTN between 166-170 last few weeks:

https://businessday.ng/news/article/ncc-to-announce-new-tariff-plan-dec-13/?amp

Xidget:
What is the current fair value for MTNN

Agbalowomeri:
The reality of our situation in Nigeria. This is one area where real estate is probably a better asset class. The value of stocks have been decimated severely

Sunrisepebble:
This is why I’ve been picking MTN between 166-170 last few weeks:

https://businessday.ng/news/article/ncc-to-announce-new-tariff-plan-dec-13/?amp

vacanci:
On the day you bought veritas capital at N0.30k, it traded N0.20k through out the month and next.

On the day you claimed to sell 50m units of Veritas, the total volume for that day was 7.05M units.

The records are there on the NGX for anyone to verify, so take am easy

Sunrisepebble:
I’m even still trying to add more today. It will continue this way till Friday minimum

Sunrisepebble:
I’m even still trying to add more today. It will continue this way till Friday minimum

megawealth01:
Really?

GeeKudi:
When you look at the kind of crazy bids being displayed on Morgan, you would know that the notrhward journey is not stoping anytime soon.

ositadima1:
You’re absolutely on point. This subject is complex and difficult for many to understand, which is why you’re facing so much criticism. The main counterargument seems to be that as long as you live in Nigeria, the exchange rate doesn’t matter. This is a deeply flawed perspective. It might hold true if Nigeria were somewhat self-sufficient, but since we heavily rely on imported products, the exchange rate is critical.

I’ve said before that much of the money people celebrate now has lost its real value, and I was criticized for it. In 2015, I bought a new laptop for ₦150,000; today, the same laptop costs over ₦1 million. Cars? Let’s not even go there.

As for investments, even if your portfolio has gained 300% since 2021, it’s essentially at a loss when you measure its purchasing power. ₦50 million today has the same buying power as less than ₦5 million a few years ago, which is why I suggested adjusting for inflation by striking out a zero—this helps reveal the true value.

For example, if your portfolio generates a ₦10 million dividend, what you could buy with that in 2022 is now less than half of what it would afford you today. These realities are hard for many to see because most people simply echo popular opinions without independent thought.

My advice? Let people believe whatever they want. Reality exists independent of opinions or arguments. What truly matters isn’t convincing others but leveraging your insights to make money. Focus on that—it’s far more important than winning debates, which ultimately have little impact on the bigger picture.

BabsO2:
Ding !

KarlTom:
MANSARD

essentialone:
Sunu still heading to Full Bid at 4.67

Sunrisepebble:
There’s a fixed price of 104 already. The price is 70.15 now, representing at least a 48% upside, why will investors not continue rushing it until the premium percentage is non existent. I made sure to say at least because me I’m staying put in case one shareholder who gets mind wants to drag it higher than the fixed price

Streetinvestor2:
I don't agree that 5 million few yrs ago is like 50 million today.i am a business man on the street. Tell me the thing in the market like 10 yrs ago in the range of 5 million that will require like 50 million to buy today beside those over priced land in some places like lagos and abj.

I will do my own calculation on one of my stocks though some are not doing fine
Ucapital. Thr was only two buy which was offer and RI since then
Units was 2,024,997 @BE of about #1.00 because offer was at .90kobo and ri was #1.20.This record is in book because I used analog broker then
2024997÷170 will give 11.912 dollars
With bonus of 2 :1 will give 6074991 now.
6074991× 17 will give #103274847
I03274847÷1700 will give presently 60 ,750 dollars. Did it not beat devaluation /inflation of 10 yrs.i have not added dividend for 10 yrs

KarlTom:
MANSARD

Sunrisepebble:
There’s a fixed price of 104 already. The price is 70.15 now, representing at least a 48% upside, why will investors not continue rushing it until the premium percentage is non existent. I made sure to say at least because me I’m staying put in case one shareholder who gets mind wants to drag it higher than the fixed price

Streetinvestor2:
Has the price been established at #104

KarlTom:
ACCESSCORP 2027 Outlook by Business (published January 18, 2023)

https://hallmarknews.com/access-corporation-posts-five-years-strategic-outlook/

ositadima1:
In 2015, one liter of petrol cost ₦87. Today, it’s over ₦1,000 and still rising. Back then, ₦5 million could buy a haulage company 57,400 liters of petrol. Today, that same 57,400 liters would cost over ₦57 million.

I don’t need to list more examples—they are everywhere. Just compare the cost of goods and services from the past to now. You’re living within the system, so you can see it for yourself.

chimex38:
Meaning they are just getting started with the acquisition spree..
Why not entire 54 African Countries?
Make they also add Northkorea Central Bank