₦airaland Forum

EDUECO:
You're liability to get trapped with this your junk stocks Jijo!

We use liquidity dey buy every stock.
We use liquidity dey exit every stock.
If you wan learn,let me know.
If you are waiting to see Loco trapped in the market,you are in another world.

Kerefi:
I'm just a beginner Sir and not as rich as you. I'm a newbie and don't want to take such risks. I also want to thank you again for calling the Japaul. I bought it because of you and made quick bucks.

You're very smart!

That is how to do Jijo with junk stocks because the return of your money is better than the return on your money.

nosa2:
I'm sitting on cash and ETI.

This game never gets old

u sold gtbank be dat

Locotrader:
We use liquidity dey buy every stock.
We use liquidity dey exit every stock.
If you wan learn,let me know.
If you are waiting to see Loco trapped in the market,you are in another world.

Na who dey create the liquidity for the junk stocks? Of course,na una Jijo gang!

But, you know say you no fit try am for Zenith Bank or UBA because una funds no reach 10 billion Naira.

Kerefi:
I'm just a beginner Sir and not as rich as you. I'm a newbie and don't want to take such risks. I also want to thank you again for calling the Japaul. I bought it because of you and made quick bucks.

Loco no dey do stock wey no go respond.
Japaul has to do 2x
Among the penny stocks, Japaul is the next onboard.
This August-september,we are finalizing the N500B capital exercise.

A very big fish

there is a stock creeping and crawling like "was dangsugar"- looking ripe
if it can just wait while we do one last twiddle on the insurance and maybe Ellah

EDUECO:
Na who dey create the liquidity for the junk stocks? Of course,na una Jijo gang!

But, you know say you no fit try am for Zenith Bank or UBA because una funds no reach 10 billion Naira.

Have you seen Loco trading a stock above N10 before.
It is either we ride a stock from penny to Blue Chip and exit for another penny stock.

Of course marketers create liquidity and market will perfect the liquidity for attractiveness

If you are a newbie, don't rush. You need experience, and the faster way to gain one is to read, without being biased, deeply about the gbasgbos beremu conversions among these guys.

Meanwhile, my loss continues on DS and BUA cement . I con add Transcorp $Ote join today. Wanna buy Ellah and Japaul before, but the moment I saw the bid vs offer volume, I took a race. I knew the price would fall. Make person no use me as exist point.

Abeg, keep basking one another for good. It pays someone like me.

Stock of the day!

Locotrader:
Loco no dey do stock wey no go respond.
Japaul has to do 2x
Among the penny stocks, Japaul is the next onboard.
This August-september,we are finalizing the N500B capital exercise.

A very big fish

Japaul will do 2x, no doubt in my mind but that driver is a maniac
Not generous - see what happened yesterday.
Could have simply supplied more at the planned x to maintain x.
No instead allowed nsempa and others to have their way
then finally came back for his x.
This driver is brutal you have to stay super sharp when dealing with Japaul o

toyeoye:
Stock of the day!

Long time no see
Does you website offer live feed?

EDUECO:
@Ginalexmediocre@Crowndeycrase@Mycwerey

I rebalance my portfolio when necessary! I have been rebalancing my portfolio since 2019.

I make a minimum of 5% every month.Compounding 5% monthly for 40 years is going to be stupendous.

I use 100% of my funds for this monthly play.I only buy and sell 1 quality stock every month. I don't do junk stocks like Oando and Lekos.

Them say if e no piss e go shit

Wetin happen nawu?

1: there is nothing anybody can do.. Tinubu gats give him guy him money #LastManStanding

2: but note that: When VDM said the president was surrounded by people with cobwebs in their brain... that statement is 100% true....

3: with all the reforms in that sector. . Nothing works

4: subsidy, introduction of band A, B , n co .. . Nothing works...

it looks exactly like deja vu . .. with petrol subsidy . ...

4: Tony or that whole electricity sector must have promised the Minister his own cut .... na why he carry this dumb matter for head...

5: Picture attached sector riddled with operational inefficiencies....

6: come October... they will come back with another story

7: this is the same minister that was to contest for governor of oyo after minister... with this cobweb thinking ..

i pray ibadan shouldn't end up in proverty like zamfara.

7: For the month of September. . To hell with any type of instrument with any tenor... i will not use my money to feed that scam sector. #FixedDeposit

8: picture attached ... an old news by Bloomberg... highlighting the impact of solar on electricity price. .

But una no dey read for Aso Villa.... bunch of clowns...

Phlinx:
Japaul will do 2x, no doubt in my mind but that driver is a maniac
Not generous - see what happened yesterday.
Could have simply supplied more at the planned x to maintain x.
No instead allowed nsempa and others to have their way
then finally came back for his x.
This driver is brutal you have to stay super sharp when dealing with Japaul o

Japaul is going the way of Transcorp.
It will sit at N10 pre reconstruction and N50 post reconstruction.

Agbalowomeri:
I expect a strong pull back between now till November but the bubble will continue in December/January for a final Janet. I go join this final one. Make water no carry me go

I will be off market for 18 months thereafter

The market sef don try

skittish!
bye bye
dude you've lost your balls
and we all know in what
problem is there are too many them
but one of them definitely has it
you have to find that one and get your balls back - get back the old you!

BabsO2:
That’s a different shareholder that was bought off to forestall him brouhaha escalating. And that shareholders name was reported in published annual reports. This current share distribution is a different shareholder that took money from O&O group and didn’t or couldn’t refund the money but rather relinquished shareholding.

Okay, I think there are two issues involved but we've mixed things up somehow:
1). Oando refunded money (equivalent $635m) to two shareholders, which reduced their equity balance, going into negative.
2). They received shares forfeited/returned by some related entities who could not settle their debt. in cash.

The shares from (1) and/or (2) above are the ones being redistributed to existing shareholders now.

Locotrader:
Japaul is going the way of Transcorp.
It will sit at N10 pre reconstruction and N50 post reconstruction.

Oga we all know you are not going to follow all these numbers you are churning out
I mean look at the history
beautiful calls;
for Ella you said 20 right, but where were you today?
you said insurance ends end of this week ba?
you sold half last week Friday and the rest this Monday
Thanks for the numbers though
I will take 10 and when it gets there I won't look out for you cause I know you will not be around

mikeapollo:
Okay, I think there are two issues involved but we've mixed things up somehow:
1). Oando refunded money (equivalent $635m) to two shareholders, which reduced their equity balance, going into negative.
2). They received shares forfeited/returned by some related entities who could not settle their debt. in cash.

The shares from (1) and/or (2) above are the ones being redistributed to existing shareholders now.

Perhaps it’s 1 & 2 being distributed indeed.

Though the share distribution story seemed to have started from 2. But if only 2 what happened to 1, didn’t record those shares were reported as cancelled. So the distribution may be from both issues.

Phlinx:
Oga we all know you are not going to follow all these numbers you are churning out
I mean look at the history
beautiful calls;
for Ella you said 20 right, but where were you today?
you said insurance ends end of this week ba?
you sold half last week Friday and the rest this Monday
Thanks for the numbers though
I will take 10 and when it gets there I won't look out for you cause I know you will not be around

Any stock Loco is heavy,he sells at the best liquidity even if it moves to 500%,we are okay.

When we have a thin units we follow dead body to grave.

This is one good thing I learnt from Agba.
Sell when you are comfortable than to scramble for exit.

This does not mean you should follow Loco exiting prematurely.Sometimes it pays and sometimes there are regrets.

For Japaul I never see reason to sell a stock that is still a buy.Loco bought Japaul at 2.70 and added more units yesterday at 2.96.
It is still a buy to Loco even at 3.23-3.50 because we know where the price is heading to.

EDUECO:
I did some Jijo from N10.80 to N11.80

I'm already out of FCMB!!

I made about 8% in FCMB.

You think say na only una gang sabi Jijo?

Just dey play

I hope you factored broker charges....if not maybe 5%...still not bad though especially if you feel fcmb will dip soon. I am in the bus and won't be exiting anytime soon EPS of 3+ is not bad. Tried to buy more at 10.6 since yesterday but no luck....will try again.

Locotrader:
Any stock Loco is heavy,he sells at the best liquidity even if it moves to 500%,we are okay.

When we have a thin units we follow dead body to grave.

This is one good thing I learnt from Agba.
Sell when you are comfortable than to scramble for exit.

This does not mean you should follow Loco exiting prematurely.Sometimes it pays and sometimes there are regrets.

For Japaul I never see reason to sell a stock that is still a buy.Loco bought Japaul at 2.70 and added more units yesterday at 2.96.
It is still a buy to Loco even at 3.23-3.50 because we know where the price is heading to.

Did rough calculation. Stand to be corrected. Japaul currently has 14 billion shares and going to 100b shares meaning they are creating 86b new shares. They're raising N500b. 500b ÷ 86b = N5.81 per share. Roughly price per share for capital raise. Floor price expected to exceed this

GeneralDae:
Between now and December 2026, we are hopeful of the listing of Dangote fertiliser, Dangote refinery, and Flutterwave. All of these have the potential to keep the market very green through this period except the election campaigns in late 2026 get very disruptive (which I doubt).

The bolded is news to me, do you have reference please?

SonofElElyonRet:
Did rough calculation. Stand to be corrected. Japaul currently has 14 billion shares and going to 100b shares meaning they are creating 86b new shares. They're raising N500b. 500b ÷ 86b = N5.81 per share. Roughly price per share for capital raise. Floor price expected to exceed this

This calculation suggests a floor price of at least N6 is needed. Preferably N7 floor price if the cost of profit takers is not too much.

yMcy56:
This pullback or profit taking may be short lived......from observation.
Quite a lot of buying activities also going alongside the sales....
Volumes also matters in the course of buying and selling.....
Quite a lot of volume picks especially in Insurance Sector..
Let's see how market goes tomorrow and Monday first.....

[b]* Profit taking and pullback is normal after days of rallying..

[/b]


Absolutely! No time to panic.

Newbies in the house please take note. God bless Madam Mcy and other contributors in the house.

Locotrader:
Japaul is going the way of Transcorp.
It will sit at N10 pre reconstruction and N50 post reconstruction.

You must be super loaded in Japaul, looks like you plunge in all the loot from other previous stocks.

BabsO2:
This calculation suggests a floor price of at least N6 is needed. Preferably N7 floor price if the cost of profit takers is not too much.

Yes
Loco's N10 projection would be good though

ojeysky:
The bolded is news to me, do you have reference please?

Bro google is your friend. Already did and it's true

ojeysky:
The bolded is news to me, do you have reference please?

Oh they came out in February to confirm by themselves that they are now ready to list and even visited Tinubu and Wale Edun.
In another interview quite recently, the CEO gave the commitment again. I think this is the first time Flutterwave themselves have been serious about listing on the NGX even though they’ve been courted before many years ago.
It seems they also got some commitment from the Government and Galaxybackbone on hosting services in Nigeria.

yMcy56:
This pullback or profit taking may be short lived......from observation.
Quite a lot of buying activities also going alongside the sales....
Volumes also matters in the course of buying and selling.....
Quite a lot of volume picks especially in Insurance Sector..
Let's see how market goes tomorrow and Monday first.....

* Profit taking and pullback is normal after days of rallying..

I agree the rally is probably not over but it also most likely won't be in the same stocks

Locotrader:
Any stock Loco is heavy,he sells at the best liquidity even if it moves to 500%,we are okay.

When we have a thin units we follow dead body to grave.

This is one good thing I learnt from Agba.
Sell when you are comfortable than to scramble for exit.

This does not mean you should follow Loco exiting prematurely.Sometimes it pays and sometimes there are regrets.

For Japaul I never see reason to sell a stock that is still a buy.Loco bought Japaul at 2.70 and added more units yesterday at 2.96.
It is still a buy to Loco even at 3.23-3.50 because we know where the price is heading to.

I've been a long term investor in japaul for months because of it solid mineral sectoral potentials in the near future, I added another 950,000 units at #3 this morning.
We see how it goes.

What app can one use to Day Trade NGX please.
Play store is full of bad reviews.