₦airaland Forum

I’ve been of the opinion that it has gotten overvalued

Ginalex:
Presco full offer👀. Shey make I no begin buy small small bayi for my children future

Sunrisepebble:
I’ve been of the opinion that it has gotten overvalued

Hmmm 🤔, what would your recommended entry price be?

After I don mistakenly sold my bua cement. The price just de shoot off

Itzlinda:
After I don mistakenly sold my bua cement. The price just de shoot off

You mistakenly tap BUACEMENT for your app instead of BUAFOODS, abi na BETAGLASS wey you wan press?

VFDGROUP
* To refund surplus subscription fund to shareholders
* Meaning, the RI was oversubscribed
* Indication of confidence of shareholders in the coy
* This indicates the transparency of the coy

https://nairametrics.com/2026/03/11/vfd-group-to-refund-shareholders-n1-83-billion-surplus-subscriptions/

Airtel will not give them the MMM effect..

yMcy56:
Seems the so called whales are on top of FTGINSURE.....😊
They kept placing big offers at highest price to keep dragging the share price down.....
The more offers at lowest price are drying up, the more they're supplying another to keep the price down..
This stock is restructuring and coming for fund raising....
How long will their activities continue to hamper the progress of this company just coming out of the wood?

If they're actually Whales and not baby Elephants or mackerel 🐠, why not go after AIRTEL that has been stagnant for long?

** Anyway, we'll be glad to know the likely price they're targeting to load finish and move the bus....

I don’t have a recommendation. I exited earlier in the year and haven’t looked at it since.
The Q4 results YoY were weaker for the palm oil companies. I don’t know why. Perhaps because of this.

https://businessday.ng/pro/article/palm-oil-growers-cry-foul-as-imports-eat-into-profits/?amp

Ginalex:
Hmmm 🤔, what would your recommended entry price be?

Seems you have sold off?

Sunrisepebble:
I’ve been of the opinion that it has gotten overvalued

Sunrisepebble:
I’ve been of the opinion that it has gotten overvalued

Really? If PRESCO is overvalued, what is your take on OKOMUOIL?

Panadee:
You mistakenly tap BUACEMENT for your app instead of BUAFOODS, abi na BETAGLASS wey you wan press?

I wanted to take profit. They sold all. And I have input the quantity I wanted to sell.

I highlighted this but someone said it is the trend with palmoil coys...

Sunrisepebble:
I don’t have a recommendation. I exited earlier in the year and haven’t looked at it since.
The Q4 results YoY were weaker for the palm oil companies. I don’t know why. Perhaps because of this.

https://businessday.ng/pro/article/palm-oil-growers-cry-foul-as-imports-eat-into-profits/?amp

Q4 is typically weak, yes, out of the 4 quarters but It was no weaker YoY last year

KarlTom:
I highlighted this but someone said it is the trend with palmoil coys...

Even more so

IamR:
Really? If PRESCO is overvalued, what is your take on OKOMUOIL?

No 'policy response' can stop the rise in crude prices

The damage is going to take months to unwind, commodities guru told Bloomberg TV

The International Energy Agency announced the release of an unprecedented amount of crude oil from its reserves Wednesday.

Wednesday brought the strongest effort so far to ensure adequate global supplies of crude oil amid the conflict in the Middle East - but commodities guru Jeff Currie said the International Energy Agency's decision to release an unprecedented amount of crude from its reserves won't halt climbing oil prices

"There is no policy response that can stop this ascent in crude - none," Jeff Currie, chief strategy officer of Energy Pathways at Carlyle Group, told Bloomberg on Wednesday.

Oil traders Wednesday also appeared unconvinced that the release will help ease the tightness in supplies. U.S. benchmark West Texas Intermediate crude for April delivery (CLJ26) (CL.1) climbed by 4.6% to settle at $87.25 a barrel, while global benchmark May Brent (BRNK26) (BRN00) added 4.8% to end at $91.98 a barrel.

Global supply chains have been disrupted all over the world as a result of the Iran conflict, Currie said in the Bloomberg interview. Ships are in the wrong places, insurance policies on those ships have been canceled, and production has been shut down in places like Saudi Arabia, Iraq and the UAE, he noted.

"The damage is going to take months to unwind," Currie said.

He added that "flow rate" is what matters following the IEA's decision to release oil from its reserves. Currie estimated that the maximum amount of oil that can flow out of the reserves is 2 million barrels per day, so the 400 million barrels released by the IEA could take 200 days to flow out.

Put in the context of the overall disruption to the oil market - which could be around 18 million barrels per day - the impact of the IEA's release is "miniscule," Currie said.

UNITY BANK 💕😘💕

We are looking at surpassing WEMA in price when suspension is LIFTED... The books will look healthier with our new management at PROVIDUS 💕

DIVIDENDS payment will come earlier than expected in my opinion 😔

Presco full offer
Aradel full offer

megawealth01:
UNITY BANK 💕😘💕

We are looking at surpassing WEMA in price when suspension is LIFTED... The books will look healthier with our new management at PROVIDUS 💕

DIVIDENDS payment will come earlier than expected in my opinion 😔

Providus..... the 9th biggest bank at No.9 on the list.....is this a mere coincidence or sign of the 9th wonder of NGX to come?

megawealth01:
UNITY BANK 💕😘💕

We are looking at surpassing WEMA in price when suspension is LIFTED... The books will look healthier with our new management at PROVIDUS 💕

DIVIDENDS payment will come earlier than expected in my opinion 😔

Pikin wey still dey crawl; con begin talk about how hin go win gold for the next Olympics.

No be juju be dat?

The management of PROVIDUS BANK are top-notch gurus 💕

mikeapollo:
Providus..... the 9th biggest bank at No.9 on the list.....is this a mere coincidence or sign of the 9th wonder of NGX to come?

A friendly reminder for those jumping into ROYALEX right now, while watching ROYALEX, keep your eyes glued. The Whales are looking for liquidity, and if you aren't careful with your entry, you’ll end up being the exit ramp for someone else’s profit taking. Don't be the small fish that buys just so the big fish can swim away. DYOR

Sometime in January

megawealth01:
Seems you have sold off?

https://open.spotify.com/episode/16gJy2C5c6u7cBnA6GefIe

Midday NGX update

Sunrisepebble:
I don’t have a recommendation. I exited earlier in the year and haven’t looked at it since.
The Q4 results YoY were weaker for the palm oil companies. I don’t know why. Perhaps because of this.

https://businessday.ng/pro/article/palm-oil-growers-cry-foul-as-imports-eat-into-profits/?amp

Many moons ago I mentioned that we are at peak palm oil but it came across as the rantings of a mad man.

Just few days red and we are crying already?
Haba....this thing doesn't go on a straight line.

Time to pick some fundamental stocks.

naturalflow:
Presco full offer
Aradel full offer

ETI holding strong and we are not selling. And to think my next target is falling quite nicely.

https://www.youtube.com/watch?v=lqV_jCfhQM0

Midday Update on the NGX

A few moons hence, it will still come across as mad ranting. How can we be at peak Palm Oil while Presco is still buying new plantations? While Nigeria is still importing to plug in the shortfall? While we are about to enter the global palm oil organisation?

Well, unless it’s a short term investment for you sha.

nosa2:
Many moons ago I mentioned that we are at peak palm oil but it came across as the rantings of a mad man.

Itzlinda:
I wanted to take profit. They sold all. And I have input the quantity I wanted to sell.

Pele. Those mistakes can happen especially if trading on a phone. The screen is smaller and navigation is restricted. I duplicated a transaction few days back just because of such, and all I wanted to do was to take some profit.

deathwing:
A few moons hence, it will still come across as mad ranting. How can we be at peak Palm Oil while Presco is still buying new plantations? While Nigeria is still importing to plug in the shortfall? While we are about to enter the global palm oil organisation?

Well, unless it’s a short term investment for you sha.

Ok na. One day I will get energy to write about it on ngxforum. I sha hope you know that peak palm oil does not mean palm oil businesses will not be profitable

Access N24.90 selling below Wema N25.90! No be juju be dat?
Access is sure to make 50%-100% gain or more before year end.

VERITASKAP dey enter my eyes.

Please any update on this? Why the volume....I can see that it has been ranging for a while.