₦airaland Forum

KarlTom:
VFD and NASCON bonus have been added to my Portfolio

designking:
Sentiment favors a NASCON rally this week due to the Dangote refinery success. NASCON is Dangote third most important company after Dangote Cement.

Dangote intend merging the Dangote Sugar and Dangote Rice with NASCON though the mergers failed.

NASCON will rally at least 25% this week due to positive market sentiments and expectations for the Dangote Group.

Richtaiwo:
Praising the Nigerian military for neutralising a single man is somehow embarrassing, in my opinion. The weapons, troops and several other facilities at the disposal of Nigerian military is way much enough to annihilate bandits and other terrorists in the North.

DevilsEqual:


Those with null Knowledge about everything would attack this Expert and tell us how the FG is tryna sabotage Dangote, but the truth is...

Judging by the recent statements from IPMAN and NNPC, its obvious that Dangote is playing an Hanky-Panky game of setting everybody up against each other, while using the emotional blackmailing tactics to win the masses to his side and still use their sympathy to fix PMS at a high price
Dangote has reached out to everyone one, yet he still hasnt make his price known during the process

mmadu4:
thank God for my scooter i don't know what i would have done this period with the high fuel price how i wan take go work. THANK GOD OOO

with this scooter 5k fuel can carry me for 1 week or more.

Deadlytruth:
Couldn't have been better said. You won't even be surprised to discover that despite SEPLAT's very low outstanding 583 million shares, its free-float might be about the minimum 20% allowed therefore making the tradeable shares in the neighborhood of just 117m. Then one can now understand better how bad the 100K units difficulty is for the stock.
My prayers are with those in SEPLAT and similar stocks.

Kunle56:
Why do you say so?

Kunle56:
What do you wanna type?

DrAwo:
Can you kindly share a link to either of the pages please?
It'll make life easier for lazy ones like me...
Thank.

BullBearMkt:
Thank you for your response. I commented on your initial post because you requested NSEMPA members to send NGX letters/emails; and I wanted to offer my suggestion as a member on a "better approach". There was no sarcasm intended in my post; I genuinely aimed to provide constructive feedback, but if that's the way you viewed it, let's leave it like that.

I appreciate the link to the free service you provided. I’ve been using paid services, so it’s helpful to have this as an additional resource.

megawealth01:
My paternal grandfather was a wealthy yam farmer. He was a major force in yam farming in the east of the NIGER...

Who get time to do all these wahala in the city?

megawealth01:
Including yam?

megawealth01:
Let's not even start another debate because you know some of those items mentioned can't stay for a year and still used by you or anyone

megawealth01:
What about the perishable items?

chimex38:
I tire for this new Wahala..
It's not just the petrol price one is afraid of now, essentials(footstuffs, etc) now have reason to balloon to the moon even with the already artificial increase on some of them in some places.

Whobedatte:
Egbeda to Igbosere road at Lagos Island this morning
N27000 fuel at N950/ litre ar petrocam.
Fuel no reach me back to egbeda I still had to top with N7k .
We all need to oust this calamity in Aso rock.

emmaodet:
lol.
Investing.com? that their balance sheet, statement of cashflow and financial statement figures are not always correct?
Have you compared any released official financial statement from any company on ngx and compare it to what invest.com use for their financial ratios?
Egungun be careful, na express you dey go

megawealth01:
Allow us get to our $1 peacefully... We don't want pullback oooooo

We must keep doing 10% daily without anyone hating us.

We have Presidential backing so anything can happen

RuddyFusion:
The Palestinians do not have any other options.....their plight now is before the whole world ..Let the planet be the judge

madridguy:
I will edit this before you pour your lies as usual.
I need you to know that for any action, there is consequence. The Palestine have had enough and now they are challenging the children killer IDF. Let everyone be mourning their loved ones.
Mind you, I have been waiting for you to open a thread about the new published article about the US soldiers massacre " Haditha massacre" in Iraq in 2005 that the US government have been hiding from the world since then.

Here is the link to the news.

https://www.newyorker.com/podcast/in-the-dark/the-haditha-massacre-photos-that-the-military-didnt-want-the-world-to-see

If by tomorrow, the children or relatives of the Haditha massacre go on revenge against the killers of their loved ones, you will open series of thread to call them terrorists, and call people like me that always stands for the truth terrorists sympathizer.

Stop supporting injustice.

Ades1:
$19B na chop money lmfao!!! American dollars oooooh!!!! Nigerians joke too much sha . Just throwing figures around any how. All the banks in Nigeria probably not worth $19B as we speak. But na chop money for big boyz

megawealth01:
One of our rules in Bulaba firm is we don't do research. We just have the confidence that our uncle will help us move it to $1 soon

ositadima1:
$19b is minor.

KarlTom:
@ositadima1

Let me drop my 2cents.

Generally speaking, the oil business is a massive gamble. Here's what I mean: the current figures used are all estimates.
Secondly, any company with license in the E&P has sufficient resources to serve as collateral for loans. (Even Nigeria used oil to secure loans).
The profitability index of each sector is what each company needs to look into.

I don't think funding will be an issue IF OandO wants to secure either WR or PHR (though I feel they will rather build a smaller capacity refinery from scratch because of the moribund nature of those refineries).

Aside loans, they can raise funds through an IPO or RI which I believe will be OVERSUBSCRIBED...

ositadima1:
Have you been to the refineries? Those refineries are massive liabilities. It will cost quite a lot to put them back in order, except if they want to use them for scrap. I've been to Eleme refinery, but don't take my word for it. Just do some research on restarting a refinery that has been left for more than 20 years.

Anything is possible in Nigeria; they might sell it at a ridiculous price or just give it away to their relations.

GeeKudi:
I believe the profit taking will continue early next week and we may see it at 60+ before it rallies again.

Iridma:
Good one. Now the government is serious about the food inflation.

This undoubtedly the best decision by Tinibu lead administration

mrkings84:
By the tinubu finishes with him.....

designking:
Once the Dangote refinery kick-start petrol supply this September, the Nigeria economic outlook will be very improved and majority of stocks in the NGX will receive a lot of demand.