₦airaland Forum

@ sunrise, or any other person abeg with your ears on ground is there any board room news on ngxgroup not open to the public, like bonus issue. because this run is extraordinary. My finger de itch me to sell. Though it is for long term for me but there are some returns i jam i cut my long term and shade some to move to other opportunities.. abeg help us if you have..

@Sunrise, i comot cap for you.. You seem to get information ahead... From vitafoam, wema, nahco, now seplat. We appreciate you for the heads up. Please keep up the good work..

Sunrisepebble:
They are planning to do one. I have good information they will. I don’t know the ratio though

Wapco don wake bua cement up. This market can be predictable at times..

Skyavn de one corner de press nahco neck..

According to Lynch, more money have been lost waiting for market correction than the bear market or correction itself...

Meanwhile see NGXGROUP i was projecting 200 in years to come say 5 years.. where e de run go like this.

mikeapollo:
Agba!!!
Positivity galore for the economy!
But when it gets to NGX, you tighten your face. Hope you are also positive that NGX go blow this year and Access and other stocks go hit 100%

No wonder, and with this circular i saw it will hit new highs with other large cap stocks. Dont know how true this circular is though..

But they must have MM i believe.

emmanuelewumi:
It is one of the stocks in NGX Pension index, pension fund managers have been taking positions in the stock

Please explain further..

awesomeJ:
By pushing NGXGROUP to N113, the average broker has gotten about N200m towards, their capitalization target.
If they push it to N200 they will get additional N500m each.

A lot of people de wait for this corporate action.

Ginalex:
Walahi me to dey wait that corporate action. I no know say I fit hold stock reach this long ahswear ... If anything, I dey use their good dividend dey convince myself not to sell. Plus, if I sell now, wetin I wan buy?

Should be after 2 months of closure.

Pete002:
When is TIP going to allocate the right issue to their customers' trading account

In this case when two elephants fight na the grass go enjoy am. They should continue.. but a serious note. I believe when foreign investors beam their search lights for investments, those are some of the businesses they are likely to invest in aside banks cos of their systemic importance.

dapix:
What is going on with NAHCO and SKYAVN?

Abi na SAHCO de ginger them...

Sunrisepebble:
I think that’s what’s driving the price because I wasn’t that impressed with the result

On top 2 billion outstanding shares... Abeg o. In as much as i would love that but they should not o. Except they have institutions intending to hold large positions. If not they should hold their peace..

Sunrisepebble:
I’m hearing they could potentially do a bonus isssue in addition to dividend. Can’t confirm though
NFA

If SAHCO keeps flying above nahco it will favour those in Nahco. Cos there will be pressure on the MM of nahco. How their small bros come de pass them. Like wise when wapco tries to catch bua cement.

With rate of massive over subscription in treasury bills up to 4 trillion and consequent reduction in discount rate of 365 days, naira gaining against the dollar, inflation rate "reducing" and cbn possibly cutting MPR this month. Its a no brainer that the market will be bullish this quarter and next. Companies will also post better results in the mentioned quarters...

Agba our black hat thinker, what's your view, are we still expecting red valentine month...

But in this case, price of goods which is interest/discount rate will do the opposite which is go down.

RayRay06677:
I can sight massive over subscription.

Too much money chasing few goods, price of goods must go up.

Ren money is now 15% by the time you take out taxes it will come to 13.6% approximately

tempest12:
I'm a lover of fintech, all my banking and investment activities are all fintech for a long time now. I'm actually using Trustbanc via COWRYWISE. I just wanted to test the app and know it's flexibility. The only advantage is that you get your withdrawal same day and no charges when investing and withdrawing anytime you wish. COWRYWISE main advantage is weekend withdrawal after 24hours boring count down. Ren Money flexible 17percent which is stable is also good compare to most MMF rate.
For fix deposit, I used fairmoney they have the best rate for fintech so far.
Just for information please..

I am heavy on Nahco but i am beginning to have a second look at Sahco. They seem to have better growth prospects and fundamentals. My only challenge is that they have run ahead or at par with Nahco in terms of share price.

TIP wont just seize to amaze.. they far exceeded expectations and my projections of about 2B plus for full year PAT, raising the bar to 3B plus. They are yet to deploy the funds from right issue and PO. That should start reflecting from around Q2. So Q2 2026 is another time to look out for to see execution.

The MD said in one interview with naira metrics that there is nothing stopping their share price from hitting 135 naira in 5 years time. I even think he is being modest cos it will do that before 5 years. When the RI and PO funds are applied to reduce third parties which he said will reduce their input cost by 40% and their Uganda site development. With uganda discovering oil and their site just being opposite the exploration site in Uganda. This stock go give us our retirement money. All things being equal.

I just de smile as i de read the result. Abeg make them continue like this o.

jckgroup1:
Outstanding performance. RI and PO worth every kobo invested.

How many stocks on the ngx are even in kobo. With the rate of repricing in the ngx in few years we may not even have less than 3 naira stock. Except a serious bear hits.

[quote author=Valthegreat post=138236909][/quote]

Oh i see... Thank you.

SohSoh:
Legend Internet was listed by introduction and I was able to buy the shares on day 1 or 2 immediately.

With Zichis, there’s only manipulation. 2.39 already? Up from 1.81..... Classic pump and dump in the making.

Anyways like i said My 2026 hustle is simple: Whistleblower / follow anybody fight or scatter ground ....

I’m waiting for grammar-blowers on TikTok or this FORUM, to come and recommend this daylight robbery as a good buy recommendation..... You go collect!!!!!

True!!

Thank you for the insights from the past.

awesomeJ:
It was like this too with MTNN in 2019.
One guy (or man) here was seriously suggesting we sued MTNN and the then NSE when he was frustrated that he couldn't buy.

Later , late Chief Dozie and a few others decided to release more shares to the market.


At this point though, N1bn is almost like a give away valuation for any company on the NGX, especially in sectors enjoying great sentiments like the Agric sector is.


If there are individuals here with portfolio worth N5bn, isn't N1bn sort of cheap for an entire company?

Abeg our OG's, has any company been listed by way of introduction before just like Zichis. Cos this pattern no work. They can decide to be releasing 100k units daily until the price hit 20 naira. Na to go float company and be ready to list.

I think the pharmaceutical pump has entered ICT stocks. Which sector is next after ICT. Might be cement..🤷 Karl Tom, your oil and gas na one step forward two steps back. Oando's new love is that 40, e no gree leave am for anything.

To even see am buy na issue. I believe through out this week it will be scarse. May be from next week it might be. It will do 50% or 100% before becoming available. After all some companies with less PAT or losses are even trading above it in prices. The company will get positive sentiment based on the sector they are in.

KarlTom:
ZICHIS

600m shares listed.
Daily trading >10% of listed shares.

Ideal for JIJO, more ideal for pump-and-dump.
Still observing till Firday...

Every mallam to his kettle

Please if you are the one that previously posted this certain graph showing fear and greed index on the ngx. Kindly resume doing so... T for thanks.🙏

@Awesome please did you get same concession from atlas?

awesomeJ:
Do you trade up to N100m every single month??

You can't be an investor that trades only once or twice a month and expect any concessions.

Naija and its anyhowness...

awesomeJ:
Almost 3 months now, and CSCS hasn't sent trade alerts even though they've been charging for it.

Over 15k per month for me.

Maybe they should allow us opt out.

🤣😀😀

ppogba:
That is why, one must shine their eyes. It is also important to ignore some of the analysis that can lead to paralysis on this investment side of Nairaland.

Till tomorrow, I am yet to know what drags DAAR in whatever direction.

There was a time a certain Cocoa company has its shares going up when close to nil activity was on going in their factory .

A certain pharmacy that no longer has " chemists" anywhere that I know is still here.

The price of a company that all I can attach to them are Diagnostic centers in Lagos, Ibadan and perhaps a few places in Nigeria is now close to N90.

Make God help us to shine our eyes.

I learnt flutterwave is investing in e transact. Any one to corroborate this..🤷

You know retail traders cannot create AON. Only institutions or brokers.

They are using the sell walls to scare weak hands. They are only controlling price without selling their stock.

KarlTom:
You need to JO

Nah not necessarily. Perhaps the accumulators dont want the price to fly yet...

KarlTom:
You need to JO

Its even in a lot of stock... Aradel, bua cement. A lot of fake liquidity in offers.

Why does the handler of Nahco not want the price to appreciate. They are building fake liquidity of almost 1M shares split in 5 places which never gets filled. This is just to restrict price movement and scare buyers while forcing sell off below that price.

E no get the kind game person no go see for ngx. It is also happening in champion breweries.