₦airaland Forum

Trump says "buy (USA) stocks.. the price will rally".. is he right? will there be a ripple effect over here?

Harvestock01:
This month is the expected delivery for their 10 shipping trawlers. May be related or not but they are undergoing serious business restructuring.

Further=
https://stocksng.com/fg-approves-policy-on-marine-and-blue-economy/

Above impacts tantalizer restructuring positively.

To the Ogas in the house, if you are faced with a choice of buying one of PRESCO/OKOMU, which will you choose and why ?

ItGeek:
To the Ogas in the house, if you are faced with a choice of buying one of PRESCO/OKOMU, which will you choose and why ?

Presco. They now have a branch in Ghana and could still expand into other African countries.

ItGeek:
To the Ogas in the house, if you are faced with a choice of buying one of PRESCO/OKOMU, which will you choose and why ?

I will buy both.

zendi:
Above impacts tantalizer restructuring positively.

Are you saying "e f'okan ba'le"?

Aradel paid anyone? I'm yet to be paid

PD is 29 May 2025

veecovee:
Aradel paid anyone? I'm yet to be paid

Here it is.


https://www.youtube.com/watch?v=CKpAIa33nJM

nosa2:
Can you please link your Youtube Channel

zendi:
Further=
https://stocksng.com/fg-approves-policy-on-marine-and-blue-economy/

Loco! Talk to ChatGpt..

jonnysessy:
I just got a reply from one operative of Veritas Registrar saying i should fill e-dividend mandate and forward the same to them. This is an account i have been receiving Zenith bank dividend for years. Well, i have no choice but fill out this form and return to them. i will not allow them chop my dividend. In share business patience is very important. Though, i am pissed off by this recent directive.

You have a choice not to fill a new mandate form.

When I had similar issue sometime ago with my Airtel dividend and I was asked to fill e dividend mandate, I replied that I already did and that I have been receiving dividend and I attached evidence of previous dividend payment received from them. I told them I can only fill another one if I was mandating a new bank account .

They apologized and credited my mandated account within two days.

sophy17:
You have a choice not to fill a new mandate form.

When I had similar issue sometime ago with my Airtel dividend and I was asked to fill e dividend mandate, I replied that I already did and that I have been receiving dividend and I attached evidence of previous dividend payment received from them. I told them I can only fill another one if I was mandating a new bank account .

They apologized and credited my mandated account within two days.

Thanks for sharing

yMcy56:
UN-REIT
N5. 05k
Qualification Date: 9th May, 2025
Payment Date: 23rd May, 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/44077_UH_REAL_ESTATE_INVESTMENT_TRUST_(UHREIT)-UH_REIT_CORPORATE_ACTIONS_FOR_2024_FY_DISTRIBUTION_CORPORATE_ACTIONS_MAY_2025.pdf

Please, if I bought rights issues of Stanbic IBTC in February, am I entitled to the dividends just distributed?
Equally, it was stipulated that the rights issue will be credited within 15 working days after the close date. I am yet to see the right issue in my Stanbic IBTC account; is there anything that I need to do?

Thanks.

GeeKudi:
This BETAGLASS that keeps going up, when they eventually want to sell, who will buy from them?

Infact, knew it was a #200 stock when I sighted it at around 94-98 but on getting cash this Tuesday, it was already at #145 so I just had to look away.
It is a good stock but expensive one for now

GeeKudi:
This BETAGLASS that keeps going up, when they eventually want to sell, who will buy from them?

. Stock market is a weighing machine. With time everything settle at it real value. Company earnings jumping to N14 this quarter, previous quarter N10, just like Nestlé Operating profit to revenue. That massive pricing power. Earnings are very vital in stock revaluation. This might be N400 in 2 years once rates are down.

emmaodet:
Infact, knew it was a #200 stock when I sighted it at around 94-98 but on getting cash this Tuesday, it was already at #145 so I just had to look away.
It is a good stock but expensive one for now

And then you will find it @300 in January

My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87

E gba mi o!

If it's good for 200, how is it expensive at 145?

emmaodet:
Infact, knew it was a #200 stock when I sighted it at around 94-98 but on getting cash this Tuesday, it was already at #145 so I just had to look away.
It is a good stock but expensive one for now

It might be correct depending on the price the rights were trading on the floor (usually ranges from 10k to 150k).
What your broker sold were the rights not the shares
I guess you assumed it would be sold at official SP

Oh just saw the rights are 9.98. You were probably expecting a windfall

faoogoke:
My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87

E gba mi o!

faoogoke:
My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87

E gba mi o!

Hmmmm.

Wema that’s going to above N20.00.

faoogoke:
My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87

E gba mi o!

lol, you mean he sold wema right for N1?

faoogoke:
My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87

E gba mi o!

Lol how much you wan collect before? You lucky sef @ N1

Today is Friday.We can't say much on the outlook of today's trading.Yesteday the consumer index shed weight and it affected champion and Cileasing.

For these 2 stocks,it's time to pack both at the current prices.They have no other place to go except upwards.

Cileasing has move out of 3.75 support and next support is 4.65.The stock will rise to 5.20 and mentain a support of 4.65 until the pending results are released.I have a projected target of N12 by year end.

Champion on the other hand has to move to N6 and mentain a 5.25 support until Q2 result is out.Champion Q1 2025 surpassed the whole of 2024 quarters.I am believing Q2 of 2025 will be bomb to compare to Q2 of 2024.I have a projected target of 12-15 by year end.

ABC has done well and still has more upside.
It should find a strong support at 2.50 and has to rise up to N3 within this period.
Projected price by year end is N7.
Q2 result will propel the price the more

Abc✓
Champion ✓
Cileasing ✓

This is how we see it.
Do your best and leave the rest for the market

faoogoke:
My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87




E gba mi o!

He is right. The right is always sold at little premium above the right price. That means he sold for you at #1.05 and #1.00 premium above the right price. You even lucky.Thr was a time I was even looking for 10kobo premium in a right. He just provided you free money you could miss if the
right ends without any interest from buy side.

Make you thank them well

faoogoke:
My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87

E gba mi o!

Depends on when exactly they sold. Initial started at 0.50 and as of yesterday sold at above N9.0. Rights are sold based on perceived market trajectory. It’s not a gift offering. It might have been best if you gave a limiting price. It’s unfortunate as you could have gotten more.

Today is champion Brew QD.
Take this Awoof money and hold belle and still enjoy your capital appreciation
6kobo awoof✓✓✓✓✓✓✓✓✓✓✓✓✓✓

aj8:
Depends on when exactly they sold. Initial started at 0.50 and as of yesterday sold at above N9.0. Rights are sold based on perceived market trajectory. It’s not a gift offering. It might have been best if you gave a limiting price. It’s unfortunate as you could have gotten more.

N9 bawo

Streetinvestor2:
He is right. The right is always sold at little premium above the right price. That means he sold for you at #1.05 and #1.00 premium above the right price. You even lucky.Thr was a time I was even looking for 10kobo premium in a right. He just provided you free money you could miss if the
right ends without any interest from buy side.

Make you thank them well

My account officer just explained it to me how rights sale works.

Thank you for the insight

We learn everyday.

aj8:
Depends on when exactly they sold. Initial started at 0.50 and as of yesterday sold at above N9.0. Rights are sold based on perceived market trajectory. It’s not a gift offering. It might have been best if you gave a limiting price. It’s unfortunate as you could have gotten more.

Oga are you sure.Are u saying people whr ready to buy wema at #9 above the right price. How much is wema on the floor

Below is my video on Okomu and Presco Audited Fy 24 numbers.


https://www.youtube.com/watch?v=XqLYEjX75Qs?si=70hLpd8y4C3OgLuI

Attache in the pic is my estimate for FY 2025

Streetinvestor2:
Oga are you sure.Are u saying people whr ready to buy wema at #9 above the right price. How much is wema on the floor

Unless an error from the NGX my brother.