₦airaland Forum

SonofElElyonRet:
Zenith rewards D tigress basket team with N200m. Corporate Social Responsibility or Corporate Shameful Profligacy?
Can a publicly quoted company do this is saner climes?

emmaodet:
Can you help with how you arrived at this figure? wish to learn more

GeneralDae:
MTN and Dangote cement have very solid fundamentals and would keep getting bigger. Oando has some things going for it. You would have to take time to look into them more critically before investing.

Not sure how liquid Dangote cement is though but a solid firm overall that would just keep getting bigger alongside MTN. Cement companies in general have a bright future in Nigeria.

This is no investment advice 😊

mallamOmonile1:
Please i am a nebie oooo🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️
Can you or anyother guru in the house share with us from your wealth of experiance what usually happen on the NGX in the build-up to general election, especially the pre-election year.

Responses appreciated well in advance.

SonofElElyonRet:
Zenith rewards D tigress basket team with N200m. Corporate Social Responsibility or Corporate Shameful Profligacy?
Can a publicly quoted company do this is saner climes?

Joyful365:
Market cap = outstanding shares x current price

If

Market cap = 10 billion
Outstanding shares = 2 billion

Then

Current price = ₦(10/2) billion = ₦5

Assume outstanding shares is fixed at 2 billion, how can market cap move from 10 billion to 20 billion?

Price will need to double to ₦10 and there will need to be people who have additional 10 billion and willing to buy at the ₦10 per share.

You can extrapolate for other desired price levels, outstanding shares and market cap.

You either increase outstanding shares and/or increase find new money to buy at a certain price to reach a desired market cap.

If a stock is currently at 500 billion market cap and price is ₦2. If shares is fixed, you will need another 500 billion to get the price to ₦4 and 1 trillion market cap (100% increase).

From 1 trillion, you need another 1 trillion to get the price to ₦8 and 2 trillion market cap (another 100% increase).

Understanding this will help you moderate your expectations and know when to buy into a stock and the returns you expect. It helps you understand price from a relative standpoint. Your 100% returns expectation when you bouth at ₦10 is different from someone else's 100% returns expectation who bought same stock at ₦100.

It's why you see that large cap shares find it difficult to move quickly in bull market while small cap shares move up quicker, and It's why it's always recommended to buy when stock price is low, like when there's been a severe market crash and everything is down 60-80% from their all time highs.

ojeysky:
You are just noticing - these big men sha You probably had 100k units in that account and then got the 1 to 5 split that was done recently.

PETERiCHY:
SOFT REMINDER!!!!!!!!!!!

By then most of the so called JUNKS STOCKS won't sell below #10

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*🐙🦑🐙

mallamOmonile1:
Please i am a nebie oooo🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️
Can you or anyother guru in the house share with us from your wealth of experiance what usually happen on the NGX in the build-up to general election, especially the pre-election year.

Responses appreciated well in advance.

GeneralDae:
Dangote cement expanding in Ivory Coast.

ppogba:
A review of the annual reports of quoted companies in saner climes will answer your last question.

Deppysit:
Pls between mtn, oando and dangote cement, which shares is advisable to buy now??

SonofElElyonRet:
It was actually a rhetorical question... Such humongous largesse as gift (doesn't qualify as sponsorship in my humble view), shouldn't sit well with shareholders.. Not aware of any publicly quoted company company in saner climes doling out such massive cash gifts.. I stand to be corrected
Particularly as the President had already given them a generous dole out. Zenith should've done smaller. Profligacy

SonofElElyonRet:
It was actually a rhetorical question... Such humongous largesse as gift (doesn't qualify as sponsorship in my humble view), shouldn't sit well with shareholders.. Not aware of any publicly quoted company company in saner climes doling out such massive cash gifts.. I stand to be corrected
Particularly as the President had already given them a generous dole out. Zenith should've done smaller. Profligacy

faoogoke:
Stockbubbles?

Wetin Royalex come do you wey no record anything for am?

Yesterdays price is still listed.

Make Loco no come for you o!

edwardaigb:
having seen the president signing the insurance policy bill and the crazy bids on insurance stock this morning. God thank you, Mr. Loco thank you and God Bless you and your home. I ll no longer touch my 1Million Royal Exchange.

Locotrader:
Go and sin no more.
Do you know the prayer I prayed?
I told God not to allow those who speak against me take advantage of any of my stocks.He answered me 7 times.
Many of us are not riding this bull on insurance now and they must hide their faces in shame.

You are lucky to get 1m units.

Congratulations.
I am happy for you.

A lesson to all