Presiade's Posts

Nairaland Forum › Presiade's Profile › Presiade's Posts

1 2 3 4 5 6 7 8 ... 14 15 16 17 18 19 20 21 22 (of 58 pages)

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:21pm On Mar 05

Even if it’s an SPV, it would have listed key members of the parent company as contacts and they can be tracked based on available information if they really need them.

The family may not know, but such an individual would have had an attorney in the know and possibly a will if they are now dead. A politician? Possible, but Union Dicon and possibly the broker or registrar would still have valid information from their KYC that can be used to track them down if push comes to shove! Lol

KarlTom:
It could be an investment vehicle.

There's a possibility that the owner's family is not aware of the company's existence.
It's also possible that it belongs to a politician currently being probed...

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:14pm On Mar 05

Regardless, the entity must have provided a next of kin as an individual or key officers as a company. They can be traced or tracked based on that in the worst-case scenario.

Agbalowomeri:
For a company that has been moribund for like 20 years ba

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 8:45am On Mar 05

The next of kin for individuals or the company’s key officers are points of contact. It shouldn’t be that difficult.

essentialone:
Concerning Union Dicon Salt Plc, what does NGX and SEC Rules say about a majority shareholder of a listed company, who can no longer be reached, and who may have died, or may have been lost forever?

We do not anticipate things, until they happen. Lack of proactiveness.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:08pm On Mar 04

An opportunity to load as much as you want. People are only trying to rotate cash into other stock ms that might benefit from the ongoing war. Nothing has changed in the fundamentals of the company.

innovestor:
Omo. Presco is 100% on offer. no body wan buy

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:16pm On Feb 27

They did.

mikeapollo:
If this is the case, then they should at least compensate investors by paying some interest on the rejected funds, no matter how little.
This would actually show that the management has some integrity.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:13pm On Feb 19

No doubt it will surpass N3K between now and Q2 or H1 result.

crownprince2017:
The minimum this will do this year is 3k based on the price of palm oil when you compared it season on season.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 11:23am On Feb 19

presiade:
PRESCO at N2160! The journey to N5000 is not far!

Sighted at km N2315.4. The journey continues!

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:15pm On Feb 18

It boils down to the growth rate of the company, and of course, the industry or sector—which in this case is massive!

emmanuelewumi:
You will soon understand how a stock with a forward PE of 15 can be cheaper than a stock with a forward PE of,4

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 11:17am On Feb 18

PRESCO at N2160! The journey to N5000 is not far!

8 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:58am On Feb 18

From all indications, all is not well with Morgan Capital Securities currently. I just hope SEC or CSCS or both have proper oversight on stockbrokers as they should.

Raider76:
Please has anyone withdrawn funds from Morgan in the last few days? I requested to withdraw some funds since Friday using the Funds Withdrawal button in the iTrade website. I had to send a reminder email today. They acknowledged the mail and promised to process the request right away. Unfortunately I am yet to receive the money. I am sure it is not the T+2 days issues as I have available balance in my account far in excess of my request for several days.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:39pm On Feb 17

It’s simple science: saline water (e.g., seawater) dehydrate the body, so you quests for more as you drink it—it can kill. So never drink sea or ocean water.

zendi:
Money making, that is.

But any Ijaw or Ilaje man HERE can help us confirm that salt water does not quench thirst.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 11:46am On Feb 17

Based on the current market situation, ZENITH should be trading in the range N97.3-N101.3. They’re shaking off the weak hands now—hold firmly!

3 Likes

Politics › Re: Atiku Criticizes 2027 Election Timing by presiade(m): 7:58am On Feb 14

He would rig as all of them do and knows that the devoted ones won’t participate in rigging during that period: simple.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 5:12pm On Feb 13

handsomebolanle:
I need more of Zenith Bank at bargain prices.

Perhaps after dividend payment.

Given the situation at the close of the market today, it should be trading in the range N88-N92.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:24pm On Feb 13

Pele, won ti gba “opa Mose”. grin

Agbalowomeri:
Delilah don collect my tools

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:31pm On Feb 12

Do I even believe they exist? grin

That was on a lighter note, don’t take everything too seriously!

awesomeJ:
It's like you asking a 500k lux light to worry about darkness you see it's a misplaced worry. for 500k lux, it's instant death to any such darkness (village people in this context), not everyone is vulnerable to village people, some of us only make them shiver and we decide whether or not they should live. It's a privilege, but I have it.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:11pm On Feb 12

Don’t let the village people accompany (‘follow’) you back to the NSE after your visit. grin

Corporate anointing may not be able to cover the bear that they’ll bring for you. grin

awesomeJ:

Certainly, but i want to grow my portfolio first through Q2, Trading a N100m portfolio is easier.

Plus I will be financing the car, and the payment schedule is about N1.8m monthly for 36 months, with N17m downpayment.

I need that N1.8m monthly payment to be something i can consistently make from 2 days of trading.

Finally, my trip to the village where I want to go show it off isn't happening till September.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:04pm On Feb 11

Other non-oil components of the GDP (agriculture, financial services, and trade, etc.) have been steadily increasing more than the crude oil and gas components. S, it’s no longer strictly about oil price.

mikeapollo:
All these beautiful policy intentions rely on our ability to generate the needed forex, which relies heavily on oil revenue.
Once oil revenue does well, every other thing will be fine. Otherwise, all these na audio.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:39pm On Feb 11

Foreign reserves at work:
https://www.nairaland.com/8616324/cbn-approves-150000-weekly-fx#138433559

@AwesomeJ may buy that his car sooner--you won't have to wait much longer.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:54am On Feb 11

presiade:
Based on the current market situations, ZENITH should be trading between N76 and N80.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:18am On Feb 11

I'm not supporting any of them, Obi inclusive. However, Lagos is not Nigeria, and the ICPC under PDP could not find him guilty, what else can I say? Atiku cheated the whole country and was indicted by his then-boss (though a vindictive human) and internationally--that says a lot.

megawealth01:
But EMILOKAN has handled LAGOS well ba?

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:14am On Feb 11

Get your facts right! "As Vice President, Atiku Abubakar was the Chairman of the National Council on Privatization (NCP) under President Olusegun Obasanjo and oversaw the privatization of many national assets, with the Bureau of Public Enterprises (BPE) operating under his supervision, though the process was controversial, with accusations of cronyism and lack of transparency."

Traveling with a red (diplomatic) passport behind an incumbent Senate President does not prove anything.

mikeapollo:
Atiku was never involved in the Halliburton scandal nor the privatization deals under OBJ.
The privatization of State enterprises was handled by El-rufai, the DG of Bureau of Public Enterprises (BPE) who was reporting directly to Obasanjo and National Council on Privatization(NCP). How wss Atiku involved in this?

Atiku has been investigated extensively and comprehensively by all the investigative bodies in this country and abroad., including the Halliburton scandal. NOTHING was found against him.
People just spread rumours and tell lies. The same way they said he was wanted in the US for fraud and that he could never travel to US because he would be arrested. That was a well planned blackmail, The man eventually travelled to US and nothing happened.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 9:50am On Feb 11

But when you remember the Halliburton scandal and how he handled the privatization deals under OBJ, you will know why any reasonable citizen will be skeptical of him.

megawealth01:
Same thing Atiku said that made people scream he wanted to sell off NAIJA 😂

https://www.nairaland.com/2469010/summary-alleged-payment-halliburton-bribery

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 8:23am On Feb 11

There’s no point arguing with you. You need to learn, each position you held was wrong. I just don’t have energy for back and forth right now. Then, name calling is always the last resort when people like you can’t defend your position. 👌

SonofElElyonRet:
Think you should read my comments from first to last to understand my perspective Mr capitalist

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:26pm On Feb 10

From all of your comments on this topic, I’ll say you have a lot to learn on macroeconomics— no hard feelings. The higher your foreign reserves, the better your credit rating, which means lower interest for international borrowings from World Bank, China, etc. Also, higher foreign reserves helps a country to stabilize their economy in case of shock and capital flight—the government can stabilize the country’s local currency by buying selling some of the dollar reserves—this controls inflation and exchange rates. Cumulatively, the citizens benefit from all of these situations because they can import cheaply, or at least affordably.

SonofElElyonRet:
Not disputing that. Business and profit seeking must not be at the expense of citizens' welfare.. best for government to create enabling environment for private businesses to thrive

The reserve is more or less cash collateral for foreign credit and transactions (balance of trade), so while the reserve money is working, you can still access funds cheaper for developmental and social projects.

7 Likes

Foreign Affairs › Re: Trump Deletes Controversial Video Depicting Obamas As Monkeys by presiade(m): 10:25pm On Feb 06

Good.

Flangelo12:
I'm well aware.

Foreign Affairs › Re: Trump Deletes Controversial Video Depicting Obamas As Monkeys by presiade(m): 10:14pm On Feb 06

Don’t be deceived, that’s what 90%+ of Americans (maybe of Caucasians and Hispanics) are like, forget the few “token friends” of African descent they sometimes keep and date or marry.

Flangelo12:
It is clear he's a disgusting excuse for a human being.

America picked this one.

Twice!!

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:20pm On Feb 06

yMcy56:
ARADEL @900!!
Hope dey for OANDO....

If you're in CHAMS, just be patient.....
When the sellers are done, they'll allow it to move.......or better still, when those accumulating and depressing the price are done, they'll allow it to move...

* GT @~~100.20~~! 101
* Custodian @54!

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 11:26am On Feb 06

ZENITH and banks generally move with dividend declaration. However, based on my "in-house" metrics or correlations, I believe ZENITH should be in that range now. It will soar after they announce the FY dividend, just as some of the other banks will do. Rotation is not only because of funds scarcity, but for capital efficiency as well.

jonnysessy:
It has been long i have been waiting for Zenith movement. But, it is just trading side ways. To think that i sold my Vitafoam at N80.00 to enter Zenith @ N68 in August was not a very good move. If not for scarcity of fund, it doesn't make sense to sell stocks to buy stocks. Every stock have their time.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:43am On Feb 06

Based on the current market situations, ZENITH should be trading between N76 and N80.

1 2 3 4 5 6 7 8 ... 14 15 16 17 18 19 20 21 22 (of 58 pages)