₦airaland Forum

thebargainhunte:
And our dear Caverton

ZikkyChops:
Thank you very much on this, honestly I always see CCNN on my portfolio. Thought the company has winddown.
Once again thank you ma.

Mankind2024:
The Village People Effect in the NGX
This occurs when a “monkey hunter” deploys all his firepower to accumulate a stock with weak or questionable fundamentals. After building his position, he launches an aggressive campaign on investment forums, trying to convince inexperienced members to buy the stock.
The strategy is simple: create hype, attract the newbies, and use their buying pressure as an exit opportunity to dump his shares.
However, the Village People Effect sets in weeks or months later. The same stock that was pumped and dumped suddenly begins to appreciate organically due to improving sentiment or fundamentals.
Ironically, the monkey hunter who engineered the early hype is now left watching from the sidelines — regretting that he exited far too early.

Audacius:
Please, how long does it typically take to get CSCS registration done by stockbrokers. ARM has been on CSCS registration for someone I introduced to them for so long. To even open account and get kyc done was a hurdle. Been on the whole process for over 3 months. Is it that opening new accounts is made more difficult by regulatory requirements or this particular stockbroker has had enough clients and can't take more. Mails yield nothing beyond how deeply sorry they are.

Mankind2024:
The Village People Effect in the NGX
This occurs when a “monkey hunter” deploys all his firepower to accumulate a stock with weak or questionable fundamentals. After building his position, he launches an aggressive campaign on investment forums, trying to convince inexperienced members to buy the stock.
The strategy is simple: create hype, attract the newbies, and use their buying pressure as an exit opportunity to dump his shares.
However, the Village People Effect sets in weeks or months later. The same stock that was pumped and dumped suddenly begins to appreciate organically due to improving sentiment or fundamentals.
Ironically, the monkey hunter who engineered the early hype is now left watching from the sidelines — regretting that he exited far too early.

ProphetUtuocha:
As earlier revealed, these remain rare jewels:
- Access
- Uba
- Oando
Enough said!

mikeapollo:
Don't you know that people adjust to poverty?
People who were eating 3 times per day now reduce to two times, and two meals per day now reduce to 1 meal.

Food is very very important but poverty is not only about food.

emmanuelewumi:
I have been eating twice daily for 40 years.

ProphetUtuocha:
As earlier revealed, these remain rare jewels:
- Access
- Uba
- Oando
Enough said!

millo:
I agree with the first 2, but OANDO is too risky a play for me. might be good for JIJO though.

crownprince2017:
Presco is over priced ke...

Well, I'm buying and looking for money aggressively to buy more..

My entry price is till less than 250 even though with averaging up...

Are following the price of cpo currently at all.

millo:
I agree with the first 2, but OANDO is too risky a play for me. might be good for JIJO though.

ojeysky:
So long as jagaban is 2027 president, and I don't see anything that can stop that except God. OANDO will print money, it's just a matter of time.

SonofElElyonRet:
Access has a way of defying logic though

Mankind2024:
The Village People Effect in the NGX
This occurs when a “monkey hunter” deploys all his firepower to accumulate a stock with weak or questionable fundamentals. After building his position, he launches an aggressive campaign on investment forums, trying to convince inexperienced members to buy the stock.
The strategy is simple: create hype, attract the newbies, and use their buying pressure as an exit opportunity to dump his shares.
However, the Village People Effect sets in weeks or months later. The same stock that was pumped and dumped suddenly begins to appreciate organically due to improving sentiment or fundamentals.
Ironically, the monkey hunter who engineered the early hype is now left watching from the sidelines — regretting that he exited far too early.

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

ojeysky:
So long as jagaban is 2027 president, and I don't see anything that can stop that except God. OANDO will print money, it's just a matter of time.

SonofElElyonRet:
Access has a way of defying logic though

ojeysky:
You are right about access, I still don't know why it's not selling at 40 by now. It's my biggest holding in banking sector, it should just not disappoint. The dividend will be a big indicator and I am not expecting less than 2naira

sophy17:
Oando has been printing money, Jagaban or no Jagaban. Can't you see the Company's revenue and expenses from their FS. Only it's not for the ordinary Shareholders.

KarlTom:
Lower your expectations...

nosa2:
I am going to reference your post on ngx forum and respond to you there. I am not doing this to necessarily drive traffic there, but rather I believe we are about to have a conversation that we/others might want to refer to in the future.

You can see my response in the link below

https://ngxforum.com/thread/51/presco-plc?page=1&scrollTo=555

Raider76:
FIRSTHOLDCO to pay dividend despite earlier reporting loss.