₦airaland Forum

awesomeJ:
You're commenting without context.

A market that leaves a stock stuck at an unrealistic price level for a whole year is inefficient, that's what you need to first understand, then you can comment.

Agbalowomeri:
Is it the price you are worried about or lack of buyers? As long as there buyers at the current price, the market fine. Which is different from GEREGU where there are no buyers

SonofElElyonRet:
Na you dey find escape route for agba. Him know say him dey guilty as charged

mikeapollo:
Really?
What is your definition of a ''smart investor'' because every investor may have different investment goals and strategy?

awesomeJ:
Yes there's more to it, and I've mentioned it here before

The same AIRTEL shares currently sells for over N7000 in London, and you expect anyone to be willing to sell at 2k in Lagos?

So every Airtel share you sell in Lagos, you're selling at 5k below market value.

If all that's needed for a price movement is 1k units, people can easily sacrifice N5m to move the price, but at N100k units, why would anyone willingly burn N500m

Agbalowomeri:
Is it the price you are worried about or lack of buyers? As long as there buyers at the current price, the market fine. Which is different from GEREGU where there are no buyers

nosa2:
An investor that plans to beat the index or benchmarks themselves against the index

mikeapollo:
But selecting or picking maximum of 5 stocks from different sectors is no guarantee for achieving that goal;
An investor may still be able to beat the index by having more than 5 stocks. Don't you think so?

ojesymsym:
Okay, based on this submission, the problem then is more with the price disparity between the London market and the Ngx than the 100k rule.
It looks more like the Nigerian investors are holding on tight to their merchandise and not willing to sell, which then means the primary poor liquidity challenge.

nosa2:
Mathematically speaking the more stocks you have the more your performance will mirror the index

Mills55:
Where's our lovely Sister Mercy?
We are missing you oo. All the gbas gbos and commentary.
Please come back oo, market has resumed.

pluto09:
There are no sellers so the price is stuck.
The company should just do a stock split or give bonus of 100 or 1000 for 1.

awesomeJ:
you think if they split, it will only happen on ngx?

if they did 10 for 1 for instance, each stock would just simply now be worth N227 on NGX and N700 in london, would you be willing to sell 100k units of a stock worth 700 at 250??

awesomeJ:
you think if they split, it will only happen on ngx?

if they did 10 for 1 for instance, each stock would just simply now be worth N227 on NGX and N700 in london, would you be willing to sell 100k units of a stock worth 700 at 250??

lasisi:
Airtel actually caused this problem. They bought back their shares throughout last year and very minimal unit is now available to the trading public to sell.

pluto09:
I have just taken a look at their financial statements which was never done before.
I think I agree with your submission.

iskalamong:
Very true.

No lies detected.

Iskalamong
.

.

Streetinvestor2:
The current level of hardship in this country now has turned ngx to jijo promax..lol
Very soon it will become another betnaija platform

nosa2:
This is a genuine question

Is the hardship easing or worsening?

awesomeJ:
Gemini is free to use on Google

Raider76:
I take it that you either don't know what you are talking about, or you don't want engage in a meaningful conversation. Either way is toxic for me so I close here.

megawealth01:
²Billioniare Otedola has done it again

He has just made a big move by selling his majority stake in Gerugu power company worth $750m

This is same stake he acquired 12 years ago for less than $150m...that's 5X ROI

No jokes, Otedola is gunning to become the Omaha of NGX, Lagos Island.

Question now is why did he sell it?

What does he want to buy next?

#moneylessons247

leo1234:
Only an irresponsible man avoids paying tax.

Pay your tax Mr man!

Streetinvestor2:
I don't know the kind neighbour hood u stay but u for do small one on one research around
Easing keke.Many are living from hand to mouth. People like u fit no dey feel am because u saved during the rainy days and have passive incomes .
Abi u no dey see the high level of jijo happening in the morning and any thing past 1pm on ngx..lol

mikeapollo:
Possibly gunning for a bigger stake in Dangote Refinery; paying dollar dividends would greatly enhance the trading price on NGX

nosa2:
The time for Nigerians holding dollars is gone. The structure of the economy has changed so much that the best thing any Nigerian can do for the foreseeable future is to focus on increasing their Naira income

mikeapollo:
Nothing is ''gone'' in the long-run.
How many regime policy somersaults and inconsistencies have you witnessed and fallen victim to in Nigeria? Naira was about N200 just 10 years ago.
Never downplay a relatively stable currency like US dollars for an unstable naira, especially in a country that relies heavily on oil prices which may experience a drop and put pressure on the currency. A new govt may come with something better or worse than what we have now

mikeapollo:
Don't you want ''mummy wa'' to rest and enjoy with some of the huge money she made in NGX before the Xmas?
She needs to rest small abeg, because you guys here can be difficult with your ''gbas gbos''.
Na joke I dey joke oo

awesomeJ:
you're wrong!!

Lack of sellers in this case is even worse.

geregu is the fault of the management for not having fundamentals that justify the price. yet with my proposal, the market just simply corrects the overvaluaton.

airtel is a sound stock, but ngx won't let the price move up cos of some rule.

an efficient market should make buying and selling smooth. revise rules when necessary to drive market participation.

the rule amendment i propose also fixes geregu.

only difference is that geregu comes back to N300 while airtel goes to N7000, correct pricing driving eficiency.

if airtel decides to delist now on the basis on lean activity (less than 10k units traded for an entire year) who gains anything from that decision??