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Nigerian Stock Exchange Market Pick Alerts - Investment (8581) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:15am On Dec 19, 2024
designking:
I still prefer investing more money in Oando than in Aradel at this current price.

I already have 5,000 units of Aradel and that can ride the market for now. I sense something big is coming for Oando and I intend picking another 20,000 units of Oando tomorrow.
grin
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 2:27am On Dec 19, 2024
megawealth01:
Ikeja Hotel grows pre-tax profit by 188% in first nine months of 2024 


https://nairametrics.com/2024/10/27/ikeja-hotel-grows-pre-tax-profit-by-188-in-first-nine-months-of-2024/
Ikeja Hotel has quietly climbed to N9.15

Is it getting set to rally up in price?
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:56am On Dec 19, 2024
Please don't take this in HL&S.
I'm trying to locate the SC of the breakdown...

KarlTom:
About 34%... cool
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 5:28am On Dec 19, 2024
yMcy56:
FLOURMILL - HONYFLOUR REBRANDING
- FLOURMILL relaunched HONYFLOUR
- This is a significant step in reshaping the Honeywell brand .
- The relaunch was described as a "Movement" and not just visual upgrade, according to the Marketing Manager
* FMN placed on suspension today
* Maybe Honeywell would now be driving the course of FMN on NGX going forward.....
* Keep Honeywell on watchlist

https://nairametrics.com/2024/12/16/flour-mills-relaunches-honeywell-brand-rules-out-price-increase-in-noodle-products/

https://nairametrics.com/2024/10/17/flour-mills-to-invest-1-billion-in-nigeria-over-four-years-to-expand-production-facility/
https://dailypost.ng/2024/12/18/honeywell-reloaded-flour-mills-of-nigeria-revitalizes-iconic-brand/

Mop up Honeywell now if you can. It may rally up in price soon. Presently at N5.00
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 5:32am On Dec 19, 2024
jckgroup1:
Lasaco is undervalued relative to the PE of the sector.
Hopefully, Mr. Time will do the needful sooner than later.
I agree to that. Lasaco seem like a hidden jewel in the insurance ecosystem, and set to explode upwards soon...
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 5:39am On Dec 19, 2024
Sunrisepebble:
I think it’s separate. Transcorp owns AFAM I-V. SPDC owns AFAM VI from what I’ve seen. (Could very much be wrong)
SPDC owns Afam VI.
I was in the SPDC team that built the 240mmscf/d capacity Onshore Okoloma Gas To Power Plant & Pipelines Construction Project valued then at $1.3bn between 2005-2010.
The pipeline project was subcontracted to Saipem, while the gas plant project was subcontracted to Alcon.
Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 6:34am On Dec 19, 2024
Oando no dey give insider trading reports?if this bonus distribution is not audio,we should be seeing insider trading note flying up and down.
Re: Nigerian Stock Exchange Market Pick Alerts by toyeoye(m): 7:49am On Dec 19, 2024
BizErikah:
Yes I have the app but the chart interface is difficult to read as I have knowledge of TA already.. is there an app with nigerian stocks that the charts are readable like bybit /binance charts?
Gotcha, exciting updates are currently underway on StockBubbles! 🚀
Thanks for the feedback.
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 8:07am On Dec 19, 2024
naturalflow:
Oando no dey give insider trading reports?if this bonus distribution is not audio,we should be seeing insider trading note flying up and down.
The details of the share redistribution is sketchy hence the market is still experiencing selloff of the Oando shares.

The market reaction is a testament of lack of trust or confidence in any possible share redistribution. Though I am going to buy more Oando, it is a gamble I am willing to take.
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real:
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:16am On Dec 19, 2024
designking:
The details of the share redistribution is sketchy hence the market is still experiencing selloff of the Oando shares.

The market reaction is a testament of lack of trust or confidence in any possible share redistribution. Though I am going to buy more Oando, it is a gamble I am willing to take.
Don't be quick to jump to hasty conclusions.
This Xmas/New Year period has been usually bearish since time immemorial.
The Oando shareholders that attended the AGM are part of the ''market'' and they expressed confidence and trust in the share redistribution by adopting the resolution.

O ye stubborn generation, when will you ever have a change of heart and believe Daddy wa, the father figure?
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:25am On Dec 19, 2024
designking:
The details of the share redistribution is sketchy hence the market is still experiencing selloff of the Oando shares.

The market reaction is a testament of lack of trust or confidence in any possible share redistribution. Though I am going to buy more Oando, it is a gamble I am willing to take.
Which sell off? OANDO has gained my confidence for now
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 9:33am On Dec 19, 2024
mikeapollo:
Don't be quick to jump to hasty conclusions.
This Xmas/New Year period has been usually bearish since time immemorial.
The Oando shareholders that attended the AGM are part of the ''market'' and they expressed confidence and trust in the share redistribution by adopting the resolution.

O ye stubborn generation, when will you ever have a change of heart and believe Daddy wa, the father figure?
But Aradel is posting positive share growth for days now.

If truly investors believe that they will truly get a 'share bonus' of even 1:3, they would have jumped in.

They are not seeing how realistic this share redistribution thing is... Even Oando has not provided any clarity on this hence market reaction has been uninteresting
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:47am On Dec 19, 2024
designking:
But Aradel is posting positive share growth for days now.

If truly investors believe that they will truly get a 'share bonus' of even 1:3, they would have jumped in.

They are not seeing how realistic this share redistribution thing is... Even Oando has not provided any clarity on this hence market reaction has been uninteresting
You should be able to understand the difference between the possible impact of making a declaration that there will be bonus of a specific ratio (e.g. 1:2) and saying that minority shareholdings will increase from 42% to 65%. The increase in percentage is a technical jargon which most people in the market are yet to fully understand. It is only a few people who really understand the meaning or implication of that information. And you should be able to decode that, instead of saying that the market does not have confidence.
Don't be surprised to see some heavy deals in Oando a few days before they eventually announce the date(s).
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:59am On Dec 19, 2024
megawealth01:
Which sell off? OANDO has gained my confidence for now
You are now fully welcome to the Oando Club.
Your annual subscription fee is due; please pay soonest or you could lose your membership!
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Dec 19, 2024
Ding! cool cool
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:01am On Dec 19, 2024
grin
mikeapollo:
You are now fully welcome to the Oando Club.
Your annual subscription fee is due; please pay soonest or you could lose your membership!
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:02am On Dec 19, 2024
OANDO that will still sell 200
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:02am On Dec 19, 2024
So you are making Oyel money and you say make I no find my own grin
OakPearl:
SPDC owns Afam VI.
I was in the SPDC team that built the 240mmscf/d capacity Onshore Okoloma Gas To Power Plant & Pipelines Construction Project valued then at $1.3bn between 2005-2010.
The pipeline project was subcontracted to Saipem, while the gas plant project was subcontracted to Alcon.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:03am On Dec 19, 2024
designking:
The details of the share redistribution is sketchy hence the market is still experiencing selloff of the Oando shares.

The market reaction is a testament of lack of trust or confidence in any possible share redistribution. Though I am going to buy more Oando, it is a gamble I am willing to take.
They disclosed it to NGx, they expanciated on it a little at the AGM.
why won't they do it?
at leaset benefit of doubt for the next few months.. undecided


People still have hope on the Dangote Food Merger despite delay for almost 2yrs now.
Sugar was on sub-20 with good FA as at May 2023 I think.
Sugar is now on 30sth with bad FA and SHF wiped out.

OandO own never reach 1week
Doubt don enter.
They need a lot of cooperate Branding and image to rebuild alongside.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:04am On Dec 19, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:04am On Dec 19, 2024
chimex38:
They disclosed it to NGx, they expanciated on it a little at the AGM.
why won't they do it?
at leaset benefit of doubt for the next few months.. undecided


People still have hope on the Dangote Food Merger despite delay for almost 2yrs now.
Sugar was on sub-20 with good FA as at May 2023 I think.
Sugar is now on 30sth with bad FA and SHF wiped out.

OandO own never reach 1week
Doubt don enter.
They need a lot of cooperate Branding and image to rebuild alongside.
Gamblers full Oando grin
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:08am On Dec 19, 2024
It seems as if the plant at the moment is not generating anywhere near full capacity. From the national grid stats seems it has been around 200MW for a while now, is this because of the pending sale?

I’m also trying to get an idea of the revenue of the power plant. All I have found is this from 2021
OakPearl:
SPDC owns Afam VI.
I was in the SPDC team that built the 240mmscf/d capacity Onshore Okoloma Gas To Power Plant & Pipelines Construction Project valued then at $1.3bn between 2005-2010.
The pipeline project was subcontracted to Saipem, while the gas plant project was subcontracted to Alcon.

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:14am On Dec 19, 2024
chimex38:
They disclosed it to NGx, they expanciated on it a little at the AGM.
why won't they do it?
at leaset benefit of doubt for the next few months.. undecided


People still have hope on the Dangote Food Merger despite delay for almost 2yrs now.
Sugar was on sub-20 with good FA as at May 2023 I think.
Sugar is now on 30sth with bad FA and SHF wiped out.

Oando own never reach 1week
Doubt don enter.
They need a lot of cooperate Branding and image to rebuild alongside.
A public announcement was made, resolutions have been passed at a publicly-held AGM with statutory regulatory bodies in attendance who have copies of the resolutions passed, further announcements of the resolutions have been published, and yet some people are still doubting and saying it may not be true! My goodness!

It is too typical of most Nigerians. Most Nigerians suspect everybody and don't trust anyone. Probably because of bad past experiences, citizens' lack of self-integrity, the dubious nature, lack of trust, mischief, ignorance, lack of education etc.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:16am On Dec 19, 2024
megawealth01:
Dangote Slashes Petrol Price To ₦‎899 Per Litre


https://dailytrust.com/breaking-dangote-slashes-petrol-price-to-n899-per-litre/
Good.
Alhaji may spoil market for NNPCL and make them go bankrupt if they don't stop their attacks on his refinery.
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 10:16am On Dec 19, 2024
grin grin
mikeapollo:
You are now fully welcome to the Oando Club.
Your annual subscription fee is due; please pay soonest or you could lose your membership!
grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 10:17am On Dec 19, 2024
mikeapollo:
Good.
Alhaji may spoil market for NNPCL and make them go bankrupt if they don't stop their attacks on his refinery.
NNPC should drop price to N800 lets see market forces at play to the benefit of Nigerians.
Re: Nigerian Stock Exchange Market Pick Alerts by bastardson: 10:17am On Dec 19, 2024
The name is ARADEL!!!
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:18am On Dec 19, 2024
mikeapollo:
A public announcement was made, resolutions have been passed at a publicly-held AGM with statutory regulatory bodies in attendance who have copies of the resolutions passed, further announcements of the resolutions have been published, and yet some people are still doubting and saying it may not be true! My goodness!

It is too typical of most Nigerians. Most Nigerians suspect everybody and don't trust anyone. Probably because of bad past experiences, citizens' lack of self-integrity, the dubious nature, lack of trust, mischief, ignorance, lack of education etc.
You won't really blame anyone... Remember na Wale we are talking about here. People still doubt if he don truly change? grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:19am On Dec 19, 2024
lionshare:
NNPC should drop price to N800 lets see market forces at play to the benefit of Nigerians.
ALHAJI will soon sell it at #600+
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:19am On Dec 19, 2024
lionshare:
NNPC should drop price to N800 lets see market forces at play to the benefit of Nigerians.
Alhaji will still beat them on price because of economies of scale.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:20am On Dec 19, 2024
grin
bastardson:
The name is ARADEL!!!
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