₦airaland Forum

yMcy56:
E Ku Market o.
Na both "anointed" and gambler's stock still dey collect for market, if not they for don litter this place again.....😁

We are watching the movement for O & O, when the deep pockets will come and reason it's matter...
Na one person pick around 4M units when market starts....

Pls anyone with the total volume on offer ?
Morgan showing 32M

MTNN @170/171!!
Risk takers should keep eye here too......the lower the better......

Everybody dey collect

Fundamental dey collect
Gamble stock dey collect
Japaul dey collect

ARADEL = Fundamental One Chance.

pluto09:
This N850, was it or NASD or NGX?

NGX of course. It equally traded above #800 on NASD before it closed at #702. And then got listed on NGX

The guy na werey. The so-called song he did was actually a kind of cover for Wizkid's song "Don't dull". He's a clown

People that bought Aradel at #850 are at -52% in less than one month. This is terrible.

Even Caverton didn't slump like this.

KarlTom:
260

That's for people that key in early. Most people bought around 7 - 8k

At this point, even people that bought Aradel on NASD dey collect

yMcy56:
Officially 401.10.....
Until the dumper is done dumping.....

Dumper will not rest till it reaches #100. Wahala

Sunrisepebble:
Its not some o, they want to sell all

How many have they sold so far?

GeeKudi:
I can only imagine the frustrations of those who bought at N800+ and from the look of things, it may go further down.

Times are hard, money is not so easy to come by in the current situation of the economy. Investors are not just going to throw money around until they are sure of what they are buying. It is the reason it appears the market is indifferent to the many calls for bull runs.

Well, most people who bought high are averaging down already. I know someone who have averaged down to #540 at at yesterday. I wish he waited till today, it would have been cheaper.

currentprice:
I try to run this Aradel on my bedsheet and i see a wonderful company going forward. every metrics shows green except ROE and by that d roe still averagely good for a company as big as Aradel.

hope i can see better price today to load

meanwhile I have been watching closely one insurance company that may likely do custodian price soon

patient is the key

Abeg, what is the fair value for it

descarado:
Made fiofio, yam, ripe plantain and ice fish.
They originally make this with mashed yam but I just dey add anything wey dey around me.

If you don't have pressure cooker, pls don't bother. There is a reason it's not a popular dish.
Either you like it or dislike the taste.
We dey look for protein. We need am during this tinubu trying time

Wow, fio fio is very delicious and one of the best sources of protein (it's getting expensive too). Most people run away from it because it takes time to cook.

Locotrader:
Look like Morgan capital and Atlas portfolio (cititrader) has same type of web portal.
Manually done things.

Well I was able to do a transaction with cititrader today at around 0.80% total cost on BUY. This people will save me money oooo.Just that the funding and withdrawals are not friendly.You have to notify them of payment and request for withdrawal too.

Cardinal stone and stanbic are also cheaper in fees than other peers(Top brokers).Tested them ok

Investment one has been milking me 1.80% buy and 2.1% sell for sometime now. They will not see my BUY again.

I thought you don't like cheap service

Sunrisepebble:
It is down 10% sir... with 5 million units still on offer...

Do u think it can drop below #450?

Agbalowomeri:
You don abandon your 1M21B challenge?😂

Give us tip We are waiting on ur call

PharmAlfred:
No market is normal but NSE is the height of anomaly. Banger stocks don't bang. Look at all the amazing results we have seen so far. See how flat the market is. See the response to some of the best results we have seen in a long time. They should close this shit up!

brodalikeme:
People like us that want to start investment in stock, where do we start from with all the tons of information here.
I need a crash course !

Go to investing101. net

Register and take the course. It will give you a headstart

Also read this thread as often as possible, read previous pages, as much as you can.

Read others books on stock investing.

Agbalowomeri:
Person wey no sharp for simple arithmetic no suppose near stock market

Na Werey brokers dey cause am o. Up till this moment, my Stanbic portfolio is still showing old quantity, My BE 11.05 and current price is showing #45.

I'm sure it was the same for most of people. I had a hard time trying to explain to one of them yesterday that even though he was seeing old quantity that he will not be able to sell it. He still no believe.

OakPearl:
Now to a reasonable extent, that is a major factor.
Two of my mentees called jubilating and wanting to quickly “bank profits”, I had to burst their bubble.
Even the recently released 110k EPS is being misunderstood to be on the newly reconstructed 10 billion shares instead of the reality of the fact that it’s on the 40 billion shares based on Q3 report for the quarter ended 30th September.
By the time the confusion around Transcorp shareholder’s actions settles, many would realize they misfired!

Someone that bought Transcorp at #13.94 in January sold almost all his shares because he thought he's booking profit. 2 other people want to sell tomorrow.

This confusion may drag the price below #40 o

GeeKudi:
I guess this is what happened to my transcorp too. I succeeded in moving all my stocks from Bamboo to Morgan late last week but it appears the Bamboo account is still active nonetheless. Before the transfer, I had Transcorp in both Bamboo and Morgan. Now, there is no single unit of Transcorp in my portfolio on the cscs except those I bought yesterday and today.
Could it be that the registrar moived them to my redundant Bamboo account which is even no longer listed in my cscs?

Please, who knows what I can do to resolve this?

Why buy 1 stock on 2 different accounts though? I noticed most people do it.
I always make sure I don't buy same stock on 2 different accounts

cococandy:
Perfectly done

Thanks

Breakfast

Pancakes

OakPearl:
Keep it simple:
If someone who has 1 million Transcorp sees N48 million as it still reflects in most digital portfolios decided to sell 200,000 out of his reconstructed 250,000 (though he is not aware his total is now 250,000 post reconstruction) the transaction will not sail through?
If you understand that it will, that’s what I’m saying.
In his mind he thinks he still has 800,000 left out of his pre-reconstruction 1 million, not knowing the reality is that his 1 million shares is now 250,000 shares post reconstruction.
To him, he has booked huge profit selling 200,000 at N48, being ignorant that what he will be having left is just 50,000 Transcorp shares and not 800,000 shares.
You get my point now?

A lot of people are in this situation right now. I know 3 people who are confused already. They sold first batch, and when trying to sell further, they got insufficient error.

These people are the ones dragging price down.

Lunch

Potato & Local Sauce

Princkez:
I think it's for 40b shares

Wow. That's good. That will now translate to 440 eps post - reconstruction.
If that is correct, we might get #2 final dividend

ndept:
https://doclib.ngxgroup.com/Financial_NewsDocs/42418_TRANSNATIONAL_CORPORATION_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

EPS of 110k as against 36k in 2023

**

Is this 110k eps for the 40b shares or the 10b post- reconstruction pls

https://doclib.ngxgroup.com/Financial_NewsDocs/42418_TRANSNATIONAL_CORPORATION_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf


E don land

Agbalowomeri:
Omo learning and experiencing are two different things o. In this bull period, you will get away with so many jagajaga moves. When serious school fees hit you, you go shout I am a chosen😂

A bull market is like gambling and winning 80% of the time. Your adrenaline go pump to all time high. You would think it's your brilliance that's winning you streaks. Let's enjoy it while it lasts though.

There is an anomaly in the Nigerian market mainly caused by the banks. Inflation and high interest rates are supposed to bring the market down. However, our banks appear to be round-trip ping treasury bills and Forex. As long as the rates are high, maybe they can maintain this level but some are already showing weakness. I suspect that when the earning realities set in, banks will lead the bear, hopefully from Q1 next year.

Before then sha, I am expecting a violent Xmas bull to cap the bull. If it happens, to your tent O' Israel😂

What about November bear? Won't come anymore?

Ginalex:
me too o. Wacc was 21.8 exit was 28. Wish I waited longer sha. It is what it is

My UBA BE is #23. I dey wait for #35

Locotrader:
The result disappointed me though I didn't see it as a bad one.
The improvement in this quarter signals strength going forward.

I need to see the latest shareholding structure.
The accumulations going on in the stock even now is saying a different thing from this result.

I am very much bullish in Japaul and waiting for the next line of action after this consolidations.......

What do you think about Champion pls. There's a good improvement on their Q3 result, but it seems someone is deliberately keeping the price low.

GeeKudi:
Don't be trapped the second time, unless you are seeking to sell when those big holders start dumping the next batch of their holdings.

I haven't untangle from the first trap

But it's good to see that things are looking up.

A lot of people are waiting for Aradel at below #500. Seems una go buy am at #600+ o