Deadlytruth:
I greet you The Great Toluway.

Thank you my brother. Changing of monica has contributed to the air of anonymity on this thread; probably making for more social dynamics.
I hope you're among the Transpower Cabals. Make una drop some units for the boys o!

Deadlytruth:

I will not join those who advise newbies that they can only get good knowledge and clarifications in this forum if they take the pain to go and start from page one and read to the latest page. That to me is unrealistic as it amounts to being asked to read close to eight thousand pages before one can correctly invest. Even those who have been on this thread right from the day it was created cannot say they still don't make mistakes in investment decisions.
What therefore matters in my own opinion is for you to just always follow this thread henceforth while occasionally searching for specific past pages on any particular information or knowledge you want. For example, of you wish to find information on, say, stocks that pay dividends consistently, just go to Google and type that in the search bar and after typing you add Nsempa Nairaland to it and it will take you to the specific pages in which such was once discussed here. That is how I scout for information on this thread.

Deadly true! Thanks so much for the courageous truth. Many members here started trading without learning from any tread, so newbies have the added advantage of being here.
The knowledge that is being acquired from day 1 of joining the tread and days afterwards in addition with your little mistakes would go a long way in developing a newbie. Experience is the best teacher.
However , newbies are advised to start Trading with little funds before attempting to aim for the big kill.
When my generation started trading a couple of decades ago, while we knew very little about stock trading and were buying through the brokers, we used to buy popular stocks like Union Bank, First Bank, etc, and were not even losing, until 2008 episode started teaching us some lessons.

Dear Esteemed Client,

We are pleased to inform you of the launch of Dangote Sugar Refinery PLC’s (“DSR” or “the Company” or “the Issuer”) debut Series 1 Commercial Paper offer of up to ₦50 billion under its ₦150bn Commercial Paper Issuance Programme (the “Offer”). The Offer is NOW OPEN and scheduled to close Tuesday, 27 February 2024.

DSR is Sub-Saharan Africa’s largest sugar refinery, with a combined installed refining capacity of 1.44 million metric tonnes per annum and a market share of about 55% in the retail space. The Company is a subsidiary of the Dangote Group and is engaged in the refining, distributing, and marketing of granulated sugar to wholesalers and top players in the skin care, food and beverage, and pharmaceutical industries.

For more information, please refer to the documents on this LINK for your appraisal of the Offer or Download the Commitment Form HERE.

Please see a summary of the offer below:

Kindly contact the Meristem Capital Limited Team at capital@meristemng.com or reach out to any of the following Team members should you require any clarification.

yMcy56:

Wetin concern me concern rift?
He just jumped on my post and yearning dust.
He/She has the right to post his opinion as well......Na my own I post.

They're just trying as much as possible to create panic and depress the market so that they can go and pack stocks cheaply........na why he dey vex for my post be that. Dem plenty like that.
Na why dem no dey like my posts. You know say my posts dey spoil their parole sometimes, if I post wetin dey happen for Market.

God bless you ma. If they are screaming red, red, those of us who are tired of gathering money for brokers have the right to scream bull, bull.... You're doing a great job. Nothing do you. Another thing I've noticed about you is that you have now developed a thick skin here, where trying to trample on some gentle soul by some neo-feudalists is the order of the day. In Nigeria, people will force you to develop a thick skin and fight-back emotions.

https://www.vanguardngr.com/2024/01/femi-otedola-appointed-as-chairman-fbn-holdings/

Otedola don collect First time Bank at last.

AIICO- 32.2% growth in revenue.
Copied from Meritrade analytics.

BuchyD:
Looks like the NGX-stockfish article guy wasn't wrong afterall😀....

Bear the bears guys.....We move!

Don't you think he probably triggered it?

Someone wrote an article and a massive bear commenced!
Why would those who held on all these while now sold out when it gets to earning period?

Link Not Working. UBA moves to capitalise to join trillion club.
Article on Opera.

E

Despite the beautiful results, Wema is almost on full offer! Wetin happen?

DANGOTE REFINERY SET TO IMPORT CRUDE OIL FROM U.S.

There is no problem though. Nigerian companies have actually been supplying the product to Dangote Refinery, but they couldn't meet up with the required quantity.
This is simply due to the fact that they had already entered into contracts to surply other companies before the emergence of DanRefinery and what they had remaining was not enough for the Refinery and Dangote has to make up for the short fall by importing from U.S.

It seems to me there is a silence conspiracy about the companies' results that have been streaming in on this forum. Unfortunately, i don't know how to analyse results. That's not much problem though, as i can get informations about the results online.
That been said, i must say i am wondering why the current results are not dictating the direction of respective stocks at present.
My regards to all.

PETERiCHY:


USD sighted @#1451

BARGAIN HUNTERS TAKE NOTE!

Nigeria is sinking very fast and those hoarding dollars are playing a prominent role. How do we know the quantum of dollars been hoarded at present?
Can our Naira ever appreciate if we continue to hoard available dollars, no matter how much forex the government is able to earn?
How do we salvage our forex and economy with so many enemies? Home based enemies.

Zegra:
Seems Dangote food news is about to hit the market

I bought more at #80 this morning.

Mpeace:
All the people buying because of 200% increase in profit should waylit untill they see UBA, fidelity and some other results. They will realise that 200% inn small increase.

200% by any metric, is amazing. I don put something quick quick !

@Mercy56, i trust you're good and well refreshed this morning. The Lord is your strength.
Your boys are missing you anyway 😄

megawealth01:
Peter... Cone out and give hint about this bull movement...

Most of you are now behaving as if you don't remember Peter's style.
He would have cashed out at the end of December last year, keep his money safely and wait for a total crash of NSEM in order to pick the pieces thereafter.
Sorry, i meant Onifa, Dabidoracle. Not Peter.

Streetinvestor2:
The right issue no make sense. What is 1 for 10. I see why the date was already closed.

The date is not yet closed. It hasn't even got approval.
What has closed is the qualification date; meaning that you're not eligible if you don't have FB shares as at 5th of January, 2024.

"ordinary shares of 50 kobo each at N10 per share based on one (1) new ordinary share for every ten (10) existing ordinary shares held as at the close of business on Friday, 5 January 2024."
One new ordinary for every ten existing ordinary ordinary shares"
That would just be a paltry gain. That's why i don't subscribe to right issues.

Mpeace:
If you know how these governments work, you will know that this is just aimed at clearing dangote of any allegations. He will come out cleaner than he actually is.

Even Dunks himself has been hammering this Dangote issue for his own personal reason.😄

Fidelity Bank has just submitted an application to the regulatry body for a right issue at #10 per share.
Qualification Date-5th
January, 2024.
Who has extra cash on ground at this time?

stcool:
The way Fidelity fired from N8 to 13+ and still going, makes me wonder if it wants to close the price gap with FUGAZ. If so then 16-18-20 may be final destination.

You may recall that Fidelity Bank rub shoulders with FUGAZ in 2023 in terms of value, capitalization and profit after tax.
Hence one may opine that we are tending to have a FFUGAZ that includes Fidelity Bank.
So, i expect it to draw very close in price
if not go at par with FUGAZ in this dispensation.

Happy New Year members.
https://nairametrics.com/2023/12/31/predictions-for-nigerias-stock-market-in-2024-experts/

stronglink:
Early/mid 2024 you mean to say right?

Mistake corrected. Thank you.

yMcy56:



Oga Toluway compliment of the season sir.

Oh aunt Mercy! Same to you. Trust you're doing great as usual.
What a colourful yuletide season compliments from NSEM

Agbalowomeri:


My prediction is that we will rapidly attain that in January and thereafter a very long bearish market

If the bear would come at all, i think it would be after 2023 company dividends have been declared, which is usually around March. I think investors would like to get their 2023 full year dividends before they begin to japa; if they would at all.
However, some prominent members of your fellow guru club think the outlook for 2024 would likely be bullish.
Whatever be the case, our finance experts here are intelligent enough to start studying the terrain right as from late January
in order to be able to suggest the trajectory for the later months of 2024.

As for me and my family, we are earnestly waiting for listing of NNPC Limited and Dangote Refinery in Nigeria Stock Exchange Market, come early/mid 2024
In God we must trust.

Agbalowomeri:


Your grammar is too much senior Tolu

Where you hear say i senior you?

With a sublime cool and mature temperament, Emmanuelewumi, with the financial thesis and momerandum that he handed down this hour, has has proved his metus as a financial and investment guru of no mean order, whom any forward looking and dynamic economic intellectual should appreciate and aplaud without necessarily sharing his views.
It would be a rewarding enterprise for humans to jawjaw to learn instead of taking a piece of intellectual discourse as a wrestling championship duel.
My own opinion.

Now Open | MTN Nigeria Communications PLC Up to N72,104,154,000 Series 10 Commercial Paper Issuance