₦airaland Forum

Godisfaithful:
E ku market oooo. 1$ to Naira = N628-N635

Vote wisely in 2023. Peace!

Vote wisely??

You want to build a house let's say in your village but you live abroad so you need someone that can build and that can also supervise everything related to building it! So you approach the king of the village seeking such a builder. The king presents 3 persons for the task and tells you to choose one:
(a) A fisherman
(b) A farmer
(c) A baker
Then he remarks "vote wisely"

Is this not laughable. Can you not see that you are doomed no matter how you vote?

https://www.youtube.com/watch?v=MY3JsqVR_04

Kim Iversen highlights previous warnings from world leaders that NATO expansion would lead to a Russian invasion of Ukraine.

https://www.youtube.com/watch?v=MY3JsqVR_04

Kim Iversen highlights previous warnings from world leaders that NATO expansion would lead to a Russian invasion of Ukraine.

samguru:
Do you know Tony Elumelu can sue you for this?

Can you prove this in court?

Defamation of character is a serious offence oooooo.

If there is anyway you can retract the post or apologize please do it now as this simple post you jokingly put here may be used against you in the future.

Thank you.

Not so fast my learned friend.

Mr Elumelu would first have to prove that Megamart's statement was negligent and that it shows actual malice. And whether the statement is actually false. Further, Mr Elumelu's evidence must be clear and convincing.

I also doubt Mr Elumelu would like to handle such a matter in the courts of law.

BabsO2:
Transcorp pulled back by 2 kobo today. Is the rally over post fantastic Q3 result. I thought it would be at 1.20 by now. This market

be patient.

Curry30:
Guinness is on fire. On its way to km50 if it keeps going at this pace

Possibly, but I have just exited.

I reckon there will be a part 2

salanda:
GUINNESS

For a week now, why would any one spend almost a hundred million in total steadily buying (bidding) it @29.00 if they expect price to fall?

But I keep asking myself is this some form of reversed selling?

Guinness already doing above 50% from that well-known 29.00

currentprice:
bedsheed predicted this last nite that mkt may not see any surprise on d data release, if any it an awaiting opportunity to bail out ^{some bail out 2day}

it will be very difficult for transcorp price to move to the FP based on d report except for speculation or[b] general bull[/b] sha

We are expecting general bull

Marketapprentic:
Then pray for it to happen so that more profit will come . With what I saw today ontop that Transcorp matter. Hmmmm. I don't think it is going anywhere. It is frustrating shaa , and with everyone turning to trader as it concerns Transcorp. It really needs powerful hands to move that thing.

And powerful hands there are!
Anyway I think it is the stock's mold and I am very optimistic about its bullishness without being prayerful.
My experience tells me that a bull is in the offing.

Marketapprentic:
.

Hmmmmm! Transcorp. Something that may
soon still return to sub 1 next month .

Doubt that but even if it does then that is simply more profit for those who enter at that point. And I believe we are at the final loading stage.

Transcorp

Today was simply the people's bull! 1.04 might be the new low going forward, which would still be quite a lucrative entry point.


I also wonder what sort of results ARDOVA, MANSARD, CHAMPION AND OANDO will post... a bit nervous

Mpeace:
Its time to count school fees for people wey follow otedola dey buy fbnh. Them no know their mate. #jokes

They must be Newbies

locodemy:
I know that Guiness will be on full bid.
Transcorp is suppose too but volatility won't allow it.Anyway I am still expecting all those offers to be mopped before the day is over.

Mopped up or not, when the bell is rung it will be heading to 1.50

Guinness @ 29.00 - I observed they kept on mopping so I added much more now we are heading to ...

yMcy56:
In Transcorp Hilton......

Yeah when I collect my Champion loot we can go and look for Peter at Transcorp Hilton

Pesuzok:
Still no news on what's going on

And very wrong.

Nigerialabalaba:
Oga, cool down. As you take type I dey sense dat you never do your DD. Go do am first, especially on that 2019 wey na only q4 release remain .
I dey look as people dey hype champion too. Make I beg una, no go buy empty beer bottle o.

If you want to buy champion, remember say the company no dey do well and na from the FP dem go take calculate the book value, I never see dem strategic asset wey go make NB a.k.a raysun pay extra premium. So as you want to dey load am from N2.50 and above, abeg use sense o so that if raysun decide to pay you N1.20, you no go choke o. If you take the offer or not, dem go still go ahead and las las give you one NB for every 20 champion.


N.B. all dis na ma sense work, abeg no vex, still do your DD. Igi pawpaw o ni wo pawa o.

You are very funny.

Anyway I think you missed my point I am actually on it. I bought some sometime ago about 450k shares @ 2.05.

Oando never needed a good result to move up to almost 6. It just needed some news and the right motivation.

That right motivation is what you see in Champion at the moment.

Our motivation is minuscule and therefore irrelevant to such movement.

Oando

The FT2019 is not yet out, it might be a real whammy!
And take note it never crossed the closing resistance

mumu9gerian:
https://doclib.ngxgroup.com/Financial_NewsDocs/34257_CHAMPION_BREW_PLC%20NOTICE_OF_THE_PROPOSED_MANDATORY_T.pdf

locodemy:
You didn't see it coming.
I saw it and 10℅ -30% is sure here.
Our stock picks these days are noted.

Should be heading to 4.
I am on

Godisfaithful:
Sorry sir. Don’t worry, NSE is the best place to be. Any stock pick of the day…

That’s alright. So instead of us spending so much time and energy on social media scaremongering and trying to raise each others blood pressures why don’t we use same resources positively by seeking solutions to such challenges.

Since there is so much interest in the matter of exchange rate of the dollar to the naira why don’t you start another thread and recommend actionable solutions such as; what goods or services can be exported out of Nigeria in return for dollars to take advantage of the growing exchange rate, how to create better remittances is it through the development of a mobile app, boycotting Western Union?

what imports into Nigeria are unnecessary and should be discouraged (for example building materials such as doors, roofing rolls, tiles, etc) then research if Nigerians can produce alternatives to such imports. If so quickly create opportunity by calling on the government to increase tariffs on those imports and give tax incentives to producers.

Should the CBN begin the purchase of raw gold from miners for dollars and begin refining such and selling gold certificates to Nigerians as a store of value while the Federal government apportions mines and issues licenses to the general public?

Whatever agreed solutions we follow up with some actions.

Godisfaithful:
In another news update:

$1 is equal to N575 at present September 16, 2021 10:58pm

God bless Nigeria!

So what do you actually want us to do about the matter?

You are derailing this thread!

Seems like the market is about to start part one of "the boom boom"

Marketapprentic:
Are you using Morgan capital? I am having same issue and was told that it is General

Has the issue been resolved?

igbosoro:
@Salanda,

Do you advise exit of OANDO now? what is the forecast for OANDO?

I will exit tomorrow

Opsylo:
man is so sad,I was busy mopping chams last 2week , taught of oando then,but feel reluctant to buy at 2.98 taught it will come down to 2.50k.
Please who dey do me.
Shey na me or greediness,

Don't worry part 2 is coming by September.

megawealth01:
Nothing to regret... CHAMS time will definitely come just be patient!

https://doclib.ngxgroup.com/Financial_NewsDocs/33757_CHAMS_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_2021_FI.pdf

I think it has arrived!

megawealth01:
That one sure pass OANDO ooooo

please...

CHAMS
Right now in the market you have a ratio of about 1:50. For every single bid there are 50 offers... lol

but no lele you can turn things around and start mopping like @Flash360. Place bids at 0.20

OANDO
This rally is only part one, part two is coming later...heading to 6!

megawealth01:
OANDO

CHAMS

GUINNESS
Sneak attack at 2 then suddenly... boom

Wanted to get more OANDO today for a 7+% straight margin. Inputted early but always end up way back on the queue, same thing with CAPHOTEL

Opportunity to buy Sterlinbank presents itself...

yMcy56:
English Tisha turned Maths Tisha.
Well done sir.
All these kobos used to confuse sometimes, we deal in thousands and Mils..... ........lol. The idea is that Jaiz paid dividend, shikenah.

....and soon to be dealing in Billions....

The idea is to know the right.

yMcy56:
Started paying dividend like two years ago.......when NSE allowed them to be paying.
Though not much, like 0.03k...... but nah from clap e dey take enter dance.....lol.

yMcy56:
Well done sir.
Concerning the dilution you mentioned, dont you think the shares are already factored in?
Are you implying that another shares will be "manufactured" for the depositor?
Wanted to reply your last mail on the dilution but not chanced again.
If you compare the EPS of 2019 to 2020, you'll see the huge difference......from 0.04k (or so) to 0.10k......and profit more than double, around +116% or so. What do you think happened here? Just asking to learn more ni o.

Thanks for the Jaizbank heads up.

Jaizbank paid 3kobo dividend this year.

N0.03 is 3 kobo
3k is 3 kobo
0.03k is right but it's not 3 kobo it's far less than 3 kobo.

N0.03k is wrong!
N0:03 is wrong!

N0.30 = 30k is 30 kobo
N3.00 = N3 is 3 Naira