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Raider76's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 7:54pm On Sep 08
Who no wan beta tin? Nigerian government playing local politics and conflict of interest will watch this refinery fall into foreign control.

chimex38:
This is getting serious..
No be small international players Ooo.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 5:47pm On Sep 08
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 8:00am On Sep 07
Chai. Looks like every YouTuber, stock analyst and TV financial broadcaster has turned into a valuer for Dangote Refinery.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 2:29pm On Sep 05
How many refineries around the world are 700,000 bpd size and 3yrs old? Please mention them, their OS and share price.

Rubyjade:
Refinery with similar capacity around the world are valued between $(17-18)bn, why is alhaji own vakaued almost times two with it contemporary?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:17pm On Sep 05
Lol. Convert the price of 525 to $ at N1,400/$. The 120b OS will give a valuation of $45b. At this valuation if they were to say make the OS 20b, which is the type of OS we are used to, the share price will come to N3,150.00. With this the same people complaining that 120b OS is too high will say they are being priced out. So Alhaji really wants the common man to have a shot at owning pieces of the refinery. But Alhaji may also be targeting something in return. Imagine the price moves to N1500 in 2yrs. He will be worth over $100b on the Forbes billionaire list.

Stockhunter:
If the IPO is oversubscribed, they might release more units instead of returning money so everyone gets alloted. 120 billion plus OS no be joke. Well except for buyers of so many billion units that want to take over the refinery. So i think for retail, their funds may not be returned. until we see the prospectus though.

I tried calculating 120 billion times 525 my phone calculator give me error😂😄
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:17am On Sep 05
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 5:23am On Sep 04
Nigeria's Dangote says refinery IPO to open within days

https://www.reuters.com/business/energy/nigerias-dangote-says-refinery-ipo-open-within-days-2026-09-03/

elengine:
Ladies and gentlemen, Dan Ref IPO to open in 10 to 12 days. E go red 😍 for NGX starting from today but FTSE effect might neutralise it. Access, Oando, Dan Sugar, small cap, take note
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:59pm On Sep 03
Where Seplat?


Ocallen:
The FT Russell's list is out. Ten 10 stocks are listed.
Dangote Cement
First Holdco
MTN Nigeria
Zenith
GTCO
Aradel Holdings
Nestle Nigeria
Presco
Stanbic IBTC Holdings
Nigerian Breweries.

Is your stock on the list? grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 6:48pm On Sep 02
For where?

Asangbekoko:
SEPLAT. +9.98%
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:57pm On Sep 02
I think he should emulate Alhaji's management style. That is be as honest and transparent as possible, hire the best you can afford from home and abroad, and achieve results so people and institutions will want invest in your companies.

Streetinvestor2:
Why should he do that.That is criminality that I hate.He should build the company Foundamentals and and with time the company will be price well.
No short cut to anything..The companies doing well in same sector don't have two heads
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:50pm On Sep 02
They need to pump it back to the RI price of 50.

toyeoye:
OANDO at ₦38.30 (+9.43%)
Is this the start of a bigger recovery?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:20pm On Aug 26
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:09pm On Aug 21
Looks like AVACAP will have a support at N7 as I predicted.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 10:09am On Aug 21
I don't know why such people are politics. That's why they can't reach Dangote level.

Itzlinda:
I know 40 billion naira is nothing to Abdulaziz yari. It is something he can repays from his personal pocket.

2026 eid alone. He bought and distribute more than 2 billion naira Ram to his constituents and associates. The man too guide
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 9:07am On Aug 21
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 6:33pm On Aug 19
Wale on X

https://x.com/i/status/2090089111210090906

Twenty years ago, when we listed Oando on the Johannesburg Stock Exchange, we were told what would be required of us. Adopt IFRS. Build a board with independent directors who could tell the founder "no". Get on a plane and explain ourselves, quarter after quarter, to people who had never set foot in Lagos. It was uncomfortable. It was also the most valuable thing we ever did to ourselves.

I returned to that experience in London at the Royal African Society's (@royafrisoc) discussion on the next 125 years of mining, oil and gas in Africa, where I was asked what African companies need in order to scale. The answer begins at home. Much of African enterprise started out fractured; family-held, informally governed, structurally invisible to anyone underwriting a twenty-year risk. Global capital hesitates over what it cannot examine. Governance, hence, is more than a compliance exercise. It is the instrument that makes a company legible to the world.

The second half of the answer sits with the world. When European lenders withdrew from African hydrocarbons in pursuit of their own net zero commitments, they did not end demand for African energy. They ended their participation in it. African institutions stepped into that space. Afreximbank is now the largest financier of oil and gas on this continent, with more than twenty-five billion dollars committed.

We have done the harder work of making ourselves investable. What doesn't get financed doesn't get built, and there is a great deal still to build here, for those willing to build it with us.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:11pm On Aug 19
Finally.

KarlTom:
ARADEL -10% angry
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:03pm On Aug 19
I appreciate your concern. But in this case there is a law which makes it mandatory to recapitalise by July 31 2026. In effect any insurance company that does not comply by that date will be illegally conducting business. NIACOM has no power to extend the deadline. These companies were given time to comply. If we want to be law abiding country these companies should be closed by midnight July 31st.

yMcy56:
Which complaint?
Definitely not in this kind of situation.....

NGX must have been pre-informed about the revocation before it's officially announced.....

* I actually don't know why NAICOM is in this haste, this is just mid August! angry
* Some are still perfecting their recapitalization.....
* I expect some kind of internal duration/window within which to conclude on these things..

https://nairametrics.com/2026/08/19/naicom-revokes-universal-insurance-licence-over-failure-to-meet-recapitalisation-requirement/
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 11:55am On Aug 19
Don't worry. It happens often.

Ameboperoo:
What is going on here shocked shocked
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 8:32am On Aug 19
Capitalism is not soft hearted. But they can still sell their assets to other firms.

faoogoke:
What kind of business sense is in allowing the company to go down when it could have merged with another firm
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 5:17pm On Aug 18
Could be. Foreign investors do serious DD, they may not buy Oando shares.


faoogoke:
It may be a ploy by Wale to keep shareholders hoping for a better tomorrow.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:33pm On Aug 18
Maybe Oando's regulator is in heaven and is too busy to send down the approval.

That resolution number 3.2 is so broad makes me wonder what business the company is actually in


chimex38:
It's not just DR size comparison:
It's communication.

Neimeth also announced and applied for it's RI in same February as OandO.

It has taken-off, completed and shares distributed to shareholders, all within
6-7months!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 7:48pm On Aug 17
Without the new rules Geregu can't go down to 50

Agbalowomeri:
We are waiting @50
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:00pm On Aug 17
AVACAP

Looks like Myc's protest letters helped.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 10:28pm On Aug 15
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:28pm On Aug 15
Thanks. I thought the ticks remain unchanged. It may not really matter under competitive bidding conditions.

chimex38:
this is the link
https://businessday.ng/life/article/price-without-noise-what-the-ngxs-new-trading-rules-mean-for-investors-and-the-market/
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 11:09am On Aug 15
I have not seen this 1kobo increment rule change anywhere. Please help with the link.

chimex38:
Tick size might have an effect.

Majority of stocks reside above ₦5 and below ₦500.
The usuall increment or decrease is ₦0.05(5kobo)

Now it's ₦0.01(1kobo).

much more pronounced sluggish rise and sluggish dip depending on the stock movements.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:21pm On Aug 14
Imagine if on Monday NGX say they are postponing the new rules implementation after so many have sold shares at a loss in readiness for the take off. I hope that does not happen.


essentialone:
Most high priced stocks getting ready to drop down before Monday...


Most are on Full Offer now.

Most of the money will flow into stocks that are now less than N3.00

Penny stock rally getting ready...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:26pm On Aug 14
Abi oo. Even if na goat you go buy you no go look hin bodi?


sterlingD:
For the new owner did he not exercise due diligence before buying the company?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:15pm On Aug 14
Lol. Na by mouth they did the transaction? grin

megawealth01:
Former Owner of Geregu allegedly accused by a guest on Arise News this morning of leaving the escrow account meant for Bond holders empty while claiming the fund was there to the new owner
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 7:15pm On Aug 13
It may also find support at N7 going by end of day trading today. I am looking to do some quick scalping here.


KarlTom:
My projection is anywhere between ₦5.25 to ₦6.20...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 11:54am On Aug 13
So you believe in prophecy? grin

nosa2:
Are you predicting no interim dividend?

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