₦airaland Forum

Sunrisepebble:
I’m not sure he will as he’s on the audit committee as the shareholders representative. The dividend alone settles all his bills

Please can you recall at what price Aradel first listed on NASD?

Sunrisepebble:
Aradel gang our 1k is very possible before listing on NGX . I have a source who has been in the stock since inception, holds 12mn units post split, every time it gains 10% it’s printing 700 million for him

At #1k na #12b be dat. How one fit cash out?

designking:
NASCON and Dangsuga has found a strong support at ₦30/₦31. Price usually bounce off at this level.

DANGS is still in a downward trending channel since March and it hasn't yet shown a bottom. So be aware. The 30.20 recent low needs to be retested. If it is broken next time expect a possible dip to 27.

https://nairametrics.com/2024/10/05/bullish-momentum-in-nigerias-oil-and-gas-sector-can-the-rally-be-sustained/

Is above a balanced writeup? Oando's major source of concern is the negative retained earnings, while Seplat's is over valuation. They didn't touch Aradel and Eterna.

jonnysessy:
Sorry, the exact date I wanted to quote was 27/11/2020. I am an old school, I have a stock note. Thanks for the correction

emmanuelewumi:
I guess he meant 2020

Noted. Thanks

jonnysessy:
Learning is actually a continuous thing. In Nov 2000, I actually penciled down some stocks at the following prices Nestle (N1400), Airtel (N535), Dangote Cement (N205), MTN (N155), Okomu (N80), Bua Cement (N56),FCMB (N8.40) and Fidelity ( N2.60). I actually entered the penny ones because I felt there will be room for growth. I left out the expensive ones because I felt if dividend is paid because of my small units it won't amount to much. Also the rate of price appreciation of expensive shares is low. But, I really never thought about it the way you explained it. Moreso, from my the list I made out here some had doubled or tripled in price while some had lost value.
But the lesson learned today go for any share that is doing well irrespective of the price range as they are all bound by the same 10% appreciation or depreciation. Thanks for the insight.

MTN, DANGCEM and BUACEM we're not listed in the year 2000.

zendi:
I thank God for His mercies.

What I forgot was the exit price, not the total proceed, which was sizable according to my modest entry fund.
I'm not exactly a stranger to Oando JIJO.

Infact I tease myself that I'm more of a newstrader than a stocktrader, and Oando is the top generator of tradable news on the NGX since the days of ConocoPhilips Acquisition.

And watch out, we're yet to hear the last of Oando acquisitions and expansions, results or no results, as long as financial institutions are funding them.

So, Gambling?
It's never written on the "loot" .

And Uncle at the top.😀

zendi:
CORRECTION : Sorry, I jumped out at km79, not 89. I had been searching for my execution alert since I made the post.

Chai! Bros you must be loaded, forgetting the price you sold in one of the biggest trade gains you probably ever made.

megawealth01:
UCEE

Yes. ICEE

yMcy56:
Lol.
Bonus is mostly for the patient investors and big ogas......
Traders interested in bonus find means of averaging down and sell off without necessarily waiting for bonus.
The bonus will just come like jara while you already take your mind off it.

** The only area where bonus can be choking is in the aspect of share price......averaging down of medium or large cap can tasking anyway......

VFDGROUP for instance....just watching out for the time those ones will come and move the price in market.......the waiting is becoming too long....

Meanwhile, TRANSPOWER is getting lots of attention today.....and it's not on full offer again...

But it really doesn't make sense in today's digitized business environment to lock up people's money for so long. They are behaving like the days when they had to write and mail physical share certificates for the bonus. If you can declare dividends and credit people's accounts in a month why not shares into CSCS accounts? In the case of UCAP they have already used the N6b they got from the retained earnings through the bonus issue to set up their UCEE.Mfb, leaving the shareholders hanging. It is unfair.

yMcy56:
Wonders of NSE......
CAVERTON.....
Full full offer to bids now......
What's the news? Or maybe MM trying to save the Coy..

Just smart money doing Jijo. Some made 20% just today.

yMcy56:
Bonus Issue.....
For bonus lovers....

TRIPPLEG - 1:1 bonus (One new for every one held)
REGAINS - 4:5 bonus (4 new for every 5 held)

Qualification Dates: 4th October, 2024

I got my fingers burned in UCAP bonus allotment delay I will never touch bonus again.

https://saharareporters.com/2024/10/02/port-harcourt-refinery-misses-seventh-deadline-restart-operations-nnpcl-extends-failed

Yet no one has lost their jobs

unite4real:
Can you also kindly relate Access Bank with UBA and Fidelity as well? Let's look at opposite direction too

I think interim dividend payments this time around are influenced by other factors such as the ongoing recapitalization and may not be accurately analyzed through the tradinal methods.

yMcy56:
Lol.
I'll say it's more of plannings.....
But we must give it to O&O for living up to responsibilities now....
Something seems cooking maybe.

Isn't October 23rd around the date of their next court hearing?

KarlTom:
Smile 😊

Waka Waka NGX execs. They should just get more companies here at home to list and slow the rate of delistings.

megawealth01:
Good day! Abeg Zenith Bank don do independence finish?

Can someone do transfer now?

https://www.thisdaylive.com/index.php/2024/10/02/oando-emerges-first-nigerian-ioc-valuation-hits-4-billion/

Would be useful to fact-check this. Instead of these promotional publications why not release all of your outstanding financial statements and let the market decide.

naturalflow:
The management of flourmills are a bunch of confused people.delist and go na,why are they raising funds from shareholders again?

Could be bargaining trick.

Ginalex:
When did he milk power?

He gave interim dividend in July.

mikeapollo:
Deadline of September 30 missed again? Na wa oo

Not yet. It can be back dated

Ginalex:
Waiting for the day Tony will remember transcorp and power but for now, we go use UBA hold bele

He has already milked what he can from Transcorp, Power and UCAP. We are on our own now.

Hope those on Ellahlakes bus are watching the market.

Ginalex:
My introduction na November 9. I be another person soulmate

That won't stop him

The last 5 or so pages of NSEMPA from yesterday show that there are many stories of hits and misses during the recent Oando rally. It would be nice and educational to hear them all. Unfortunately, many of both losers and winners are shay to reveal their stories.

I personally made something but also left alot on the table. I heard all the shouts of "Oando don cast" but I did not act on them. Rather I was wrong with my TA analysis. I concluded that Oando will make a double top at 40, but it didn't. The error is perfectly normal, so I blame myself for making it. But Looking at it holistically I also blame my lack of capital. From the lesson I learned I am now designing ways to get more capital.

Japaulgold about to go on full bid. Almost 500m units traded

FBNH has quietly returned over 50% in about 5wks

KarlTom:
So I kept scrolling and, sadly, saw that two pages were filled up because two men decided to be emotional and throw some tantrums...
Two solid pages! Damn.

PS: has the 'exchanges' added a kobo to anyone's portfolio?

💯

designking:
Fidelity will not correct... It will find a new trading range around ₦18 - ₦22.

Same thing they said about first bank returning back to ₦22. These bank shares are on a silent bull run and many will miss it.

Banks are returning back to their old share prices which is in the range of ₦60 - ₦70 for Tier 1 banks and ₦25 - ₦40 for Tier 2 banks.

You know very well FBN was a special case. Anyway Mr. Time will tell. Hard to predict the market.

designking:
For a quick cash out. You are sure of a 30% return in few weeks due to the correction or adjustment of prices within the banking stocks.

They are move in symphony

Don't expect any 30% rise in Access price. Rather Fidelity will correct.

Willie2015:
Access na...
Stingy bank..
Think say dem go change small
after the exit of the Boss..

The new boss as the same approach as the late one

Sunrisepebble:
What happens if the market takes it higher than the 70 buy out offer ?

That should be decided at the Court Ordered Meeting