₦airaland Forum

A summary of today's trading session on the NGX.

https://open.spotify.com/episode/2laO5zQVjOOerrLMJGC113

awesomeJ:
September inflation at 18.02

We expect another 300- 500bps cut next month.

They should retain rates biko or slight reduction.

They trying to achieve close to single digit inflation by year end. Let's see what will happen

mikeapollo:
Rebased and rebased inflation numbers?
Govt itself to be rebased very soon! Lol

😁😁

October numbers will probably be much closer to their 15% target


My own grocery basket actually prints less than 0% (food inflation) cos almost everything in it is cheaper yoy.

Energy too is lower yoy.

Only internet cost is moderately higher.

Not looking good for insurance subsector, i think a tsunami will soon hit .....be cautious
ewnation/ngx

Odunharry:
They should retain rates biko or slight reduction.

They trying to achieve close to single digit inflation by year end. Let's see what will happen

Is this because you're heavy in fixed income?

Cos 27% really helps no one.

The days of 11% MPR need to return.

awesomeJ:
September inflation at 18.02

We expect another 300- 500bps cut next month.

So inflation dropped from 20 plus to 18.05 based on what .What price has dropped since the past one month
This government is the worst in the history of nigeria walahi.It is obviously they are just bringing down the numbers because of election and not reality on the street

Streetinvestor2:
So inflation dropped from 20 plus to 18.05 based on what .What price has dropped since the past one month
This government is the worst in the history of nigeria walahi. Throughly they are just bringing down the numbers because of election and not reality on the street

You don't understand how inflation is calculated

Agbalowomeri:
You don't understand how inflation is calculated

It is calculated using apc/Tinubu metrics and not reality in the pockets of Nigerians. They should tell us the things which price changed in the last month

https://www.youtube.com/watch?v=cQq1pXi6-B4

A summary of today's trading session on the NGX.

Streetinvestor2:
It is calculated using apc/Tinubu metrics and not reality in the pockets of Nigerians. They should tell us the things which price changed in the last month

Is it last month or versus September last year?

Streetinvestor2:
So inflation dropped from 20 plus to 18.05 based on what .What price has dropped since the past one month
This government is the worst in the history of nigeria walahi.It is obviously they are just bringing down the numbers because of election and not reality on the street

The 18% is yoy

Agbalowomeri:
Is it last month or versus September last year?

OK I forgot. They did set thr own record when they resumed office which is thr bench mark for measuring

Wrote them via one of their emails: customercare@veritasregistrars.com

MeezPat:
Please can you confirm how you reached out to Zeniths Registrars.Sent them an email no answer

sterlingD:
NPF 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43528_NPF_MICROFINANCE_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

BUA FOODS 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43524_BUA_FOODS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

BERGER PAINTS 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43523_BERGER_PAINTS_NIGERIA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

CAP PLC 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43529_CHEMICAL_AND_ALLIED_PRODUCTS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

UNILEVER 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43533_UNILEVER_NIGERIA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

E -TRANZACT 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43535_E-TRANZACT_INTERNATIONAL_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

MEYER PLC 2024
.https://doclib.ngxgroup.com/Financial_NewsDocs/43538_MEYER_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

UAC 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43551_UAC__OF_NIGERIA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

LIVESTOCK 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43557_LIVESTOCK_FEEDS_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

R T BRISCOE 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43558_R_T_BRISCOE_(NIGERIA)_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

TRANSNATONWIDE EXPRESS 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43559_TRANS-NATIONWIDE_EXPRESS_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

WEMA BANK 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43564_WEMA_BANK_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

CAVERTON 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43565_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

RONCHESS 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/43563_RONCHESS_GLOBAL_RESOURCES_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

Are there people here who have shares in Briclinks Africa Plc or Ronchess Global Resources Plc? If Yes, how were you able to buy it? Their shares are never traded or reported by the Open market. What kind of stocks are they exactly, and what are their roles in this stock market?

Everyone wants Buffett’s wealth.

No one wants to wait 70 years to get it - Brian

emmaodet:
Everyone wants Buffett’s wealth.

No one wants to wait 70 years to get it - Brian

Also. No one wants to live in the same house and drive the same car for 20 years because Seventy years of discipline doesn’t look sexy on social media.

emmaodet:
Also. No one wants to live in the same house and drive the same car for 20 years because Seventy years of discipline doesn’t look sexy on social media.

No one wants to trade their first 70 years for what’s remaining after 70. No one cares if an old person is rich.

Yes. Sunday by 4pm.

SonofElElyonRet:
Shifted to Sunday?

Havent read the report.

elpaso007:
Latest research report from CardinalStone on GTB. Their TP is now NGN115.
@pennystockwarri Hi Onome, any thought on this? Cheers

i might not agree with you but i will defend your right to say whatever you want to say.
i usually encourage people who do not understand how to use fundamentals to stay with NIDF, for the chances of recouping your initial invested amount before 4 years and 3 months is very possible.
Now after this bull run and after tunubu might have rig himself for second term i challenge anybody including Locotrader and nosa my 15% mentor to mention one stock with 100% certainty that you can buy and recover your initial invested money within 5 years both in dividend and price appreciation

ogawisdom:
Paying dividends is not enough if capital won't grow. Most stocks that paid dividends have increased their stock price by over 60% since January but NIDF didn't move even during bull run.

Instead of NIDF just buy 10 years bond if you only want cash flow without capital growth. You are wrong on 23 should be less than 20.5 since January.

CWG I bought at 9 four months ago is over 18 now and may touch 25 soon.

If I had invested 10m it's over 20m in less than 6months. It's called capital growth

Redoil:
i might not agree with you but i will defend your right to say whatever you want to say.
i usually encourage people who do not understand how to use fundamentals to stay with NIDF, for the chances of recouping your initial invested amount before 4 years and 3 months is very possible.
Now after this bull run and after tunubu might have rig himself for second term i challenge anybody including Locotrader and nosa my 15% mentor to mention one stock with 100% certainty that you can buy and recover your initial invested money within 5 years both in dividend and price appreciation

Don't bet your shirt sha
We know how to double our investment in two years. We sniff the market like the NDLEA dogs. Don't play

...

Agbalowomeri:
Don't bet your shirt sha
We know how to double our investment in two years. We sniff the market like the NDLEA dogs. Don't play

awesomeJ:
😁😁

October numbers will probably be much closer to their 15% target


My own grocery basket actually prints less than 0% (food inflation) cos almost everything in it is cheaper yoy.

Energy too is lower yoy.

Only internet cost is moderately higher.

Let's remember that lower inflation figures does not mean that prices are reducing or dropping in the market.
It only means that even though prices are increasing, the rate of increment is lower compared to prior year i.e. prices are increasing at a decreasing rate.

mikeapollo:
Let's remember that lower inflation figures does not mean that prices are reducing or dropping in the market.
It only means that even though prices are increasing, the rate of increment is lower compared to prior year i.e. prices are increasing at a decreasing rate.

i said both dividend and appreciation combine

Agbalowomeri:
Don't bet your shirt sha
We know how to double our investment in two years. We sniff the market like the NDLEA dogs. Don't play

Redoil:
i said both dividend and appreciation combine

I am not even interested in dividend
Capital appreciation alone

mikeapollo:
Let's remember that lower inflation figures does not mean that prices are reducing or dropping in the market.
It only means that even though prices are increasing, the rate of increment is lower compared to prior year i.e. prices are increasing at a decreasing rate.

I don't think anyone here is not aware

https://www.youtube.com/watch?v=7K8oLtXLfck

A few stocks I'd be watching closely in today's trading session on the NGX.

Redoil:
i might not agree with you but i will defend your right to say whatever you want to say.
i usually encourage people who do not understand how to use fundamentals to stay with NIDF, for the chances of recouping your initial invested amount before 4 years and 3 months is very possible.
Now after this bull run and after tunubu might have rig himself for second term i challenge anybody including Locotrader and nosa my 15% mentor to mention one stock with 100% certainty that you can buy and recover your initial invested money within 5 years both in dividend and price appreciation

Very simple, all companies with backwards integration at almost maturity level will do 100% within that time frame and I'm betting on sugar for that period.

I believed VFD will do 100% in that time frame.

Fidson and transcorp are other candidates.

Let me stop here.

Agbalowomeri:
I don't think anyone here is not aware

Some posts showed otherwise. Otherwise, I wouldn't bother to make comments

Thoughts on Royal Exchange 9M 2025 numbers


https://www.youtube.com/watch?v=7K8oLtXLfck

mikeapollo:
Some posts showed otherwise. Otherwise, I wouldn't bother to make comments

Your comment wilfully downplayed that inflation is on the decline. I wonder why