₦airaland Forum

Raider76:
I am so happy I dumped all of my Oando shares at N71.95 on Feb 5th, just after they announced the crazy 1 for 12 share redistribution.

Streetinvestor2:
How are they crashing it .Can you show with evidence. The other share whose price came down who is crashing the price too.I hope you won't change mouth when it start gaining from improved Q1 2025 results

KarlTom:
1m @ 100% compounded for 12months is actually over 100m...

The specified rate is per month not per annum

yMcy56:
There are rules that guides trading in NGX.
1. For each trading day, a stock can either increase or decrease by +/-10%
2. Stocks can officially increase or decrease if a [b]single[/b]transaction of 100,000units or more is made.
3. A stock can go on full bid (buyers queue with no offer on the table) OR, go on full offer (sellers queue with no buyer on the table) during the trading hours (btw 10am to 2.00pm on trading days OR, have both Offers and Bids.

Now to your question:
* All broking houses are connected to the Nigerian Stock Exchange digital trading platform and all traders/investors, regardless of where you're staying trades from same NGX Trading Platform........ meaning, Stanbic oo, Bamboo oo....and every other houses does not have different price for any stock.

*DANGCEM has been on full Offer (Sales) at -10% with buyers coming to buy (what you want buy is on ground), but no 100k single transaction to fall the price.

Hence, the official closing price of DANGCEM remains N480, But you can get it at -10% that the sellers are willing to sell to you, which is N432.
It can go as high as N528 and as low as N432...You can buy at any price until the price changes (with 10kobo par value mvmt).

* DANGCEM official opening price = N480
+/-10% band = -N432 and +N528.

** This has been discussed several times here.
** Hope it's understood.....I didn't use big terms at least....... Though the explanation long small

emmanuelewumi:
Including poverty, financially illiteracy, and investing in things you don't understand how they made.

No business can give you 100% monthly return. Investing N1 million at 100% monthly and then compounding it will grow to N4 million in 12 months how is that possible?

In the voice of "Egungun of Lagos", that is massive baby

essentialone1:
Ponzi Schemes will only end in Nigeria, after some people gather beat black and blue, the people that convinced them to invest in it, in the first place. They do not tell you about it because they love you. They are telling you about it because they want to use you to gain Referral Bonus. They too are part of the Thieves.

emmanuelewumi:
Including poverty, financially illiteracy, and investing in things you don't understand how they made.

No business can give you 100% monthly return. Investing N1 million at 100% monthly and then compounding it will grow to N4 million in 12 months how is that possible?

In the voice of "Egungun of Lagos", that is massive baby

seyisanya:
I believe you meant N4 billion.

emmanuelewumi:
Thank you, N4 billion

jonnysessy:
Yesterday (15/04/25), is the qualification dates of Fidelity Bank, GTCO and Zenith Bank. If you are in, then expect to receive your dividend on their respective payment dates. But, if you are out, no course to worry as today is a beautiful opportunity to enter the stocks at a discount. Today the prices of these stocks will be marked down for dividend payments. In the past when prices are marked down, they appreciate the same day, but i don't see this happening since the bears had set in. What is keeping some of these stock afloat is the declaration of these dividends. You can use UBA as a case study (it was marked down for dividend a few days ago) and it is yet to get back to the price it was marked down.
I see the marking down of stocks as a good opportunity for entry point. I believe it is also called ex-dividend. So, expect a lot of red today in the banking sector, particularly as it relates to the aforementioned stocks. I don't need a TA, SA. FA, or any chart for that matter to predict that Fidelity Bank, GTCO and Zenith Bank will be on the losers side today . If you didn't have opportunity to jump in for dividend, now is another opportunity to jump in without dividend at a good price. If these companies release their first quarter results and it beats market expectation, then in no distant time they will soon attain the price they were before they were marked down.

SonofElElyonRet:
BREAKING:

The White House announces that China is now facing a 245% tariff as a result of its retaliatory actions against the U.S.

Dis one don pass be careful...

chimex38:
Exactly, dem go dey alright lass lass.

I suppose you meant to write 4billion..
its impossible in 12months.

megawealth01:
Make TRUMP show mercy oooooo

KarlTom:
No need for mercy.
I await China's response.

Let's see who'll fold first...

megawealth01:
The two nations won't really feel it much na third world countries go feel am pass

emmaodet:
Using 20m in mutual funds at 20% interest rate given 4m per annum as profit as an example.
It means you will have to take a loan that both the yearly interest and one third of the principal can be paid yearly, total payable in 3 years.
Which means you can take a 7m loan and invest in stock payable in 3 years without external cash been used to clear the debt.
1st year, you pay 2.1m interest and 1.9m principal, balance 5.1m.
2nd year, you pay 1.5m interest, 2.5m principal, balance 2.6m
3rd year you clear the loan with roughly 500k cash balance.
Which brings us to the next question - inflation and devaluation in 3 years so as not to render your initial capital useless at the long run.....

KarlTom:
No need for mercy.
I await China's response.

Let's see who'll fold first...

pluto09:
China already said they would not respond again.
That it would be practically impossible to trade again with the USA with what was on ground.

cocolacec:
Access

yMcy56:
N2. 05k Final dividend....
Not bad at all
I expected the stock on full bid...... but seems Mr. Market has its own mind, or maybe the news is yet to be circulated or digested well.

Agbalowomeri:
Full bid with 10% dividend? Even GTCO no enter full bid

NettyNelly:
Please It would be helpful if you can quote the place Ositadinma and emmanuelewumi taught about this, i will really appreciate that