Raider76's Posts
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It is clear that this country is now being led by people who do not believe in it. Why do you make NYSC posting as regards to insecurity a matter of policy, and formally state that only students from insecure areas should be posted there? Shouldn't such issues be left to the discretion of the Service? Even at the peak of insurgency in Borno and Yobe states NYSC members were formally posted there, but they were instead sent to serve in other states. When will our leaders understand that insecurity at the level we have it now has to be fought nationally and not be regarded as the headache of those states that are suffering from it. Which states are really free of it now? megawealth01: |
Who said money has left the market? toyeoye: |
Aradel on the move? |
Oba Otudeko’s Honeywell Group acquires 14% stake in Ikeja Hotel https://www.thecable.ng/oba-otudekos-honeywell-group-acquires-14-stake-in-ikeja-hotel/ |
Those people who used to bring FIRSTHOLDCO sharply down at close of trading through large volume cross trades strucked again today. It is a typical accumulation style that will be followed by a massive move upwards when the time comes. |
If you are still holding a fundamentally sound stock you only lose if you sell. If you don't sell you will only lose time. |
Yes. Things may change by July 1st. But trading opportunity may also come. SonofElElyonRet: |
The drop in Dangcem and Buacem maybe due to a complaint by gov on the rise in the price of cement in recent months. The gov said that they are meeting the manufacturers. The price of cement has gone up 30% since January, and is still going up, causing serious cost issues for builders and contractors of gov projects. I hope the gov backs it's complaint with threats of allowing imports. toyeoye: |
Aradel acting as a nice shelter against the NGX carnage. It is good as they have not removed the 100k trade requirement. Those selling at 1,575 must really need the money. Why sell at 10% down when the price will not move? Clarify the big guys who can move the price have decided to hold for now. |
https://youtube.com/shorts/jqJ4UtiyZDc?si=o61GU1M2tpQJbASA The banks have started their push back against the CBN's recent regulations. |
If you are using charts like the one on Investing.com the closing price is not N55. That is because they don't catch prices of trades done after 15:55 hours immediately. You need to check sites like TRW-stockbrokers.com that report actual NGX price list. If you also check Morgan's eTrade you would have seen details of actual individual trades which clearly shows the cross trades at N55 done late and recorded as executed at 1600 hrs. The closing price on NGX is determined only by the NGX rule of the last single trade of 100k volume. ositadima1: |
It will go back up to 60 tomorrow. That 55 was a cross made at close of trading. They had to clear all bids above them on the table before they can execute the trade. That is why some lucky people got to buy at 55 also. machine606: |
https://africa.businessinsider.com/local/markets/dangote-fuel-takes-an-unexpected-route-through-lome-as-regional-trade-networks-expand/j2qh5h2 Sad story for Nigerians. So Nigeria now refines petrol, export it to Togo and then reimport it so that importers can continue business as usual. In the process Lagos loses business to Lome Nigerians pay more for petrol and we create jobs for the Togolese and unemployment for Nigerians. |
I want to be in FIRSTHOLDCO when Ote$ starts generating and taking returns from his investment. |
I had similar experience ounce with FIRSTHOLDCO when it was FBNH. I held through a 25% to 30% loss. It turned around and I recovered the loss and made additional 20% profit. I am in again this time. orriyomi33: |
Sharp drop in the prices of FIRSTHOLDCO and GTCO through large cross trades at the close of market. What's happening? |
The government should like this too as it has the potential to generate more capital gains tax. yMcy56: |
Will Aradel pay dividend? Their BM notice didn't say dividend will be recommended to the Board. KarlTom: |
Yes. But GTCO gained today, signaling a possible bottom. ppogba: |
Aradel"s BM is Friday.
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Apparently Cadoso didn't get that circular 🤣 yMcy56: |
Please is Oando the only company required to have their FS vetted by the FRC? Or are they just doing it to give some sense of regulatory approval to the results? Two weeks is certainly not enough time to vet the results of such a large company as Oando, especially going by the time the CBN takes to vet banks' results. sterlingD: |
Lol. He doesn't know the history of Persians. NSEstudent: |
Oil has dropped by $13 since Friday when Trump started talking about imminent peace deal. Will this affect Nigerian oil company prices on the NGX? |
Dangote receives hero’s welcome in Ethiopia, raises fertiliser investment to $4bn https://punchng.com/dangote-receives-heros-welcome-in-ethiopia-raises-fertiliser-investment-to-4bn/ |
There's no perfect approach. It's just a matter of being prepared and able to take opportunities when they appear. It is the massive rally in the last 2 years that on hind sight shows an advantage for buy and hold. During this same period many traders did well too. Payunsin: |
Maybe they are still fighting for control of the bank. As possible RI is coming the more you have the more your rights. KarlTom: |
Is that FIRSTHOLDCO on full bid? Where are all those analysts pulling it down on Q1 provisions? |
Alhaji did say that there are some 20 Nigerians with more money than him. If you have not made your money cleanly you cannot bring it out in the open. leo1234: |
He is probably just thinking aloud at this stage. You cannot just produce 20k megawatts without transmitting and distributing it. There is currently no capacity for that. So he may also have to build a grid and local distribution. If he plans to use the existing networks he will have the same fight he had with the oil and gas cabals and the unions. The power sector unions are just as powerful as the O&G ones. SonofElElyonRet: |

