₦airaland Forum

Streetinvestor2:
The dollar was not 462.The dollar that was controlling the economy was at 700 plus in my street sense How many businesses was using #462 in doing thr costing .The #462 was for spreading corruption to the few privileged

SohSoh:
My Guy Zendi ::

1:: When I was posting about MeCure here (Date 2-4 June 2025) Mecure was a trading at 11 naira

And when i came here to post it... alot of people here (institutional traders) said Fidson was a better option and went to buy fidson and pushed the price of Fidson up..... because I was promoting Mecure

Now... if we compare both stock from June to date
Mecure : has gone up by 55%
Fidson : 66%

Fidson would not have gone up by 66% if I wasn't posting about mecure .... so failed woefully where please....

SohSoh:
My Guy Zendi ::

1:: When I was posting about MeCure here (Date 2-4 June 2025) Mecure was a trading at 11 naira

And when i came here to post it... alot of people here (institutional traders) said Fidson was a better option and went to buy fidson and pushed the price of Fidson up..... because I was promoting Mecure

Now... if we compare both stock from June to date
Mecure : has gone up by 55%
Fidson : 66%

Fidson would not have gone up by 66% if I wasn't posting about mecure .... so failed woefully where please....

chimex38:
I don't know about the others you wrote.
But @ Bolded na lie

SohSoh:
Oga you must be new here ... and weren't here when i was promoting Mecure... so feel free to write anything ....

SohSoh:
Oga you must be new here ... and weren't here when i was promoting Mecure... so feel free to write anything ....

Fred2020:
One of the key risks to the ongoing stock market rally is the exchange rate, which has recently shown signs of weakness.

Unfortunately, there is not much transparency around the forces influencing Nigeria’s exchange rate, leaving much of the conversation driven by speculation rather than hard data.

The CBN loosening a lot of capital controls lately has been a confidence boost to inward investment but more needs to be done in making the data transparent.

In a world where DJT has spook a lot of investors from the more established developed markets and oil continues to hold steady at above $70 a barrel. Markets like Nigeria can continue to big winners.

The market can continue to boom till 2026 especially Nigeria seems to be tilting to a one party state & next election may be a formality. Bad for democracy, good for foreign investors.

DeRuggedProff:
Loco, throw light on upcoming CI rights issue.

chimex38:
English hard sha..

True..you promoted mecure.
Lie...Promotion didn't make Fidson rise

ppogba:
Insurance stocks have always been rubbish even before Brother Joseph met Sister Mary.

SonofElElyonRet:
So na your Mecure post pump Fidson? Ok I beg post about Japaul make e pump I beg

SonofElElyonRet:
Inappropriate, insensitive.. other examples abound

Streetinvestor2:
Lwkd,.So you didn't see it when I called it out earlier at 80kobo for jijo.my target was for #1.50

Locotrader:
Any junk that meets recapitalization what should we call it?

ppogba:
My sincerest apologies.

SohSoh:
1: Loco has posted about Japaul so why would i post about it... Japaul already went up by 70%

is like you guys don't read what people post here and look at the stock market and prices of the stock....

telling me to post about Japaul becos of Fdison means you don't understand my post.....

Mecure is a pharma stock
fidson also Pharma

when i was posting about Mecure ... my analysis.... included a a comparison between, MEcure, Fdison and Neimeth... everyone that replied said Fdison was a better buy.... im going to stop here

SonofElElyonRet:
1.You're missing the point.. neither you nor loco can single handedly pump any stock! Loco identifies a stock about to rally due to certain factors.. believe it or not, NSEMPA is not the market maker of the exchange

GeneralDae:
I understand but international bodies would only quote the official rate from the central banks in every country.

If we calculate using 750/$ with around 28 trillion naira market cap as at May 2023, this would mean we were at a mere $37.3 Billion then and now we are at $58 Billion despite the devaluation from 750 to 1560 (parallel market)

This would mean the Nigerian stock market have added over $21 Billion to its market cap so far since May 2023 despite a more than 2 fold devaluation. Incredible.

SohSoh:
When i came here to promote Mecure... there was no talk of Pharma sector here ... when i started posting Mecure.... everyone that replied to my post... was writing Fidson was a better buy .... some came with analysis... and that same period .... Fidson went up, no news nothing... the price went up..... so yes na my post about Meucre make Fdison go up......

chimex38:
I would say coincidence @best.

1) Dangote talked about medical tourism around the time. (health, pharmacy related)
There was even a rumour of Dangote pharmaceuticals coming up

2) Plus a company seeking equity raise of ₦30bn, raising OS by 300million will want to issue the additional shares @₦50 SP; hence insiders would also have moved the stock closer to Its destination much earlier like UBA did.

chimex38:
I would say coincidence @best.

1) Dangote talked about medical tourism around the time. (health, pharmacy related)
There was even a rumour of Dangote pharmaceuticals coming up

2) Plus a company seeking equity raise of ₦30bn, raising OS by 300million will want to issue the additional shares @₦50 SP; hence insiders would also have moved the stock closer to Its destination much earlier like UBA did.

ojeysky:
Normally naija should be second on the list.....god punish devaluation.

SohSoh:
News that came out 4 days ago you are adding it too something that i was posting about 2nd to 4th of June

You can see that alot of you just want to write anything even if it related to it or not.... i very sure you don't understand... like i said if you weren't here you weren't here....
OGA REST !!!!!

Streetinvestor2:
Yes oga Emma and sunrise don't make money from this junks you mentioned here.
Infact sunrise has made more money in sound stocks this yr than this junks even as a trader though I am not a trader. I sold most of my aiico at #1.70 and very happy whr I channelled the money. I will not touch any of those stock you mentioned with long pole,lol
For roylex is not a junk though I was not impressed with the H2 results. Remember when I called you attention to it then.You rejected it and I said I will pick it for my second jijo while you said you had a different stock in mind.
That I don't consider royalex as junk does not mean thr are no many junks still in insurance sector.Many H1 results of insurance are disappointing if you checked them
My problem with aiico has been the ceo and the OS.The ceo is cornering the company profits to himself..We have discussed that here in the past.That company is suppose to be at par with nem insurance now

Dupeodus:
I do not believe you are fair on AIICO. I do not know your investment philosophy. However, if you look at the difference between AIICO's current market cap and the market cap at around 2018 and deduct the cash infusion through private placement and rights issue done around 2020 - 2022, you'll realize that the stock has done phenomenally well. I was heavy in aiico in this period but completely exited my position recently at an average of ₦1.65, believing that there are better opportunities in the market both within and outside the insurance sector.

SonofElElyonRet:
Chams you meant?

DeRuggedProff:
No. CI: https://nairametrics.com/2025/08/05/c-i-leasing-to-acquire-71-15-stake-in-ghanas-leasafric-logistics-seeks-nod-for-n15-billion-bond-issuance/