₦airaland Forum

megawealth01:
ARADEL should fall to my entry first

Mpeace:
Banks will never want to settle until it gets too bad.
Back in the days, a colleague of mine did a case of wrongful withdrawal against stanbic, they refused to settle the case until judgment of N250million was given against them. They now sent a director to the colleague, pleading and pleading for a settlement in reduced sum.
I presently have a case with zenith bank, after acknowledging wrong they offered N500k as settlement for a case we sued for over N1.5billion.

bastardson:
May Aradel never fall to your entry IJN.

How much be your entry self.

It’s so painful that Aradel once moved to 750 and I didn’t sell.

I have been accumulating every month though. But it’s sad to see today’s figure.

I bought some at 470 today thinking I got a good deal.

bastardson:
May Aradel never fall to your entry IJN.

How much be your entry self.

It’s so painful that Aradel once moved to 750 and I didn’t sell.

I have been accumulating every month though. But it’s sad to see today’s figure.

I bought some at 470 today thinking I got a good deal.

Locotrader:
To all Champion shareholders

AGM is tomorrow 21st May
Dividend payment date is Thursday 22nd May.

Take your Awoof money and drink palmy and Nkwobi while waiting for your NPf and chams to deliver.

Don't ever think of selling your champion.It will soon become a blue chip stock.Raysun is trying to retain some holdings but it's a battle of share price to advance

Mpeace:
If you go through the corporate disclosure page on NSE for 12th and 19th May, you will find that some of their staff bought even at 525.
The person/pple selling off might not be controlling share holders. Maybe someone with some good units who just discovered his investment has gone ×100 by the price increase and rights issue that followed.
Or maybe a next of kin selling unexpected loot.

If it were a major stakeholder, then he ought to have made corporate disclosures on NSE portal regarding the sale.

unite4real:
(4.33-1.90)/4.33 X 100

that's 56.12% down.

meanwhile 100% of 4.33 is 4.33. for a stock to loose 100% share price, it means the current price will be (4.33-4.33) which is 0. now imagine saying a stock lost 150%.

Mankind2024:
There have been instances of companies trading at near-zero value before bankruptcy and eventual delisting. Most exchanges won't allow stocks to hit zero before delisting. A notable example is Lehman Brothers, which collapsed during the 2007/2008 global financial crisis. Its stock price plummeted 77% within 7 days from $86, followed by a final 93% plunge, leading to delisting from the NYSE and subsequent bankruptcy filing. The aftermath is well-documented history.

megawealth01:
ARADEL should fall to my entry first

HesInMe:
N15. According to Loco sha.

But you have to wait until the Third Day. Because "on the third day, He rose again."

bastardson:
May Aradel never fall to your entry IJN.

...

Mpeace:
Banks will never want to settle until it gets too bad.
Back in the days, a colleague of mine did a case of wrongful withdrawal against stanbic, they refused to settle the case until judgment of N250million was given against them. They now sent a director to the colleague, pleading and pleading for a settlement in reduced sum.
I presently have a case with zenith bank, after acknowledging wrong they offered N500k as settlement for a case we sued for over N1.5billion.

222Martins:
I don't agree with Locotrader on this. If you had followed the Champion discussion here and got in, you should be sitting on between 35% to 0ver 100%. My advice is: Consider exiting now that the sentiments are high.

If you follow Champion Brewery to Utopia, Lala Land or NeverLand, you may sit on more paper profit than now, but exiting will become a problem because everyone will want to exit then, but there will be no buyers.

Don't come back here and cry that you have been trapped and left behind in the bus. A word is enough for the wise.

222Martins:
I don't agree with Locotrader on this. If you had followed the Champion discussion here and got in, you should be sitting on between 35% to 0ver 100%. My advice is: Consider exiting now that the sentiments are high.

If you follow Champion Brewery to Utopia, Lala Land or NeverLand, you may sit on more paper profit than now, but exiting will become a problem because everyone will want to exit then, but there will be no buyers.

Don't come back here and cry that you have been trapped and left behind in the bus. A word is enough for the wise.

bastardson:
May Aradel never fall to your entry IJN.

How much be your entry self.

It’s so painful that Aradel once moved to 750 and I didn’t sell.

I have been accumulating every month though. But it’s sad to see today’s figure.

I bought some at 470 today thinking I got a good deal.

Zenas96:
The numbers I am seeing on my Bamboo App is not it at all. I wonder what is wrong with the App or am I the only one experiencing this?

Agbalowomeri:
Aradel wey we go buy for N150 and sell for N300

Valthegreat:
Can we accept this Access Bank hope as a strategy this time? I want to jump in since AIG has said the mgt has agreed to slow down on their initial plan to acquire world bank.

Valthegreat:
Can we accept this Access Bank hope as a strategy this time? I want to jump in since AIG has said the mgt has agreed to slow down on their initial plan to acquire world bank.

Agbalowomeri:
Aradel wey we go buy for N150 and sell for N300

KarlTom:
CAVERTON

Why could the Directors be selling at a time like this? 7.85m units sold over the last couple of days.

The funny thing is they are releasing the disclosure same day...

Locotrader:
Nobody who entered when the call came that is not sitting at 100% profit now.If anyone is dearly in need of money,the person can sell now as people have been cashing out.

Q2 and Q3 results are going to make the stock very attractive.By year end champion will record close to 3B profit or more self.When a stock become a blue Chip stock and can pay fantastic dividend,my brother,there will be always liquidity.I will leave this stock to the next financial year.

When I contacted Afriprud this afternoon for my dividend they told me I will receive it on Thursday 22nd not tomorrow 21st.

I know you have more than 10m units of champion and I know you are not selling.
Why do you want others to sell?

Or were you the person that sold that volume today?

Mankind2024:
There have been instances of companies trading at near-zero value before bankruptcy and eventual delisting. Most exchanges won't allow stocks to hit zero before delisting. A notable example is Lehman Brothers, which collapsed during the 2007/2008 global financial crisis. Its stock price plummeted 77% within 7 days from $86, followed by a final 93% plunge, leading to delisting from the NYSE and subsequent bankruptcy filing. The aftermath is well-documented history.

Valthegreat:
My man please check your mail

Picky1:
It happens a lot in the NYSE.... see NIKOLA!
It's really dangerous buying speculative stocks with the mind of an investor!!
Lesson no dey finish for stock market