₦airaland Forum

Wetin happen for market today?
Oga Agba come explain where you carry this bear come from ooo
....but some are also still observed to be cherry picking sha....it's well o

megawealth01:
You for give me GEREGU as sure GAME for email na

I sabi gamble sensitive GAMBLES

Lol. Na here I dey type everything that time o.

Mpeace:
No be only Geregu I miss. I also missed BUA cement, Japaul and many others.

Na fear. I too dey fear.
Person wey Wale do something before, anytime he hear WA, na to start run.

On a giid day, with the oil acquisitio s and given the current price of Seplat, Oando suppose dey sell like N300. But...

Then you for dey try gamble with small change you can afford to lose......I was almost forcing you to buy small GEREGU then, even tell you say na sure game, it has delivered over 350/400% gain as at today......lol.

Could you imagine my tashere BUACEM with +1270%+ gain, just dey pain say I no get am plenty. I just left it as soveniur or wetin we go call am self.

megawealth01:
sister na that IF be the fear oooooo... Remove am then nobody go see Oando buy at #50 sef

Well, I'll say gamble with what you can afford to average down then....

Anyone wey dey gamble should keep extra cash aside should there be need to average down.........BUT I doubt if OANDO can go below 10 again........

** Na my personal opinion ooo**

Mpeace:
Oando is a gamble. If they delist, shareholders who bought above 7 will pay scholl fees.
If they dont delist, and if Wale does not short change investors, and if oil prices remain stable, then investors will make it really big.

I think all those in it already know all these.

All these plenty "ifs" self
Na so you doubted Ote$$ so tey, you never enter GEREGU bus from 100......lol. Don't mind me....

E remain one "if" I never see in your "Ifs"......

What if shareholders who opted to go private with the company were given the option......even "if" OANDO plans delisting? (Which I doubt sha)
* Did anyone consider this option as well?

OANDO na gamble at this stage, those playing the game knows it's gamble..... but calculated gamble if I may say....
Make we continue to watch the drama anyway..

PETERiCHY:
You crash out at #13.80
Don't worry we will remind you when it get to #500 since you don't know that OANDO now run the affairs of NNPCL

Indirectly thru OVH Energy.....
It's well.

BabsO2:
I hope big players like Ote$ is not torch-lighting it now . Maybe it's just the gbelo gbebo that we have seen before

If that man enters OANDO, the driver go just throway the entrance key......
All these our plenty grammars and book paralysis here go just disappear fiamm..... people go forget say court case dey self....
We may not know who has mopped the previous quantities self .......no disclosure on NGX

USAfall2024:
Thanks to Otedollars! Baba don push am to 763 officially. Billionaires doing but I am happy to be out after enjoying the run.

Officially @763......Up with +68.90!
Since Otedola entered, he'll ensure he pushed that price up......
Not to forget the share buyback quickly too......Alhaji intends to cancel the buybacks!! Chai!
Good as you exit at your bus stop sha....
Long termers are the most beneficiaries here .......think I also posted this during the previous share buybacks too.

DANGCEM and SEPLAT be tampering with ASI anyhow

megawealth01:
PADI mi. I didn't say it will go low to 7 naira oooooo... Nobi me be Mr Market

How was your weekend?

I dey o.
Ok sorry, maybe it was a mix up

OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing......

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver ....Market always have a mind of its own,,nobody can accurately predict the market all the time.

USAfall2024:
So Otedollar that pushed DangCement to #694 don't want to increase his stake again? Abeg make he do fast mop all this full offers cos me too want to jump from this bus and find Banking Stock wey go give me better dividend yield .

All offers @694 mopped!!
Now sighted @700 intra-day!

customstreet:
We are heading to Isreal, the promise land, which is of course NORTH😆😆😆😆

AMEN!!
Thanks as always sir.

Mpeace:
They are just being "conservative"

Una go explain tire.
I just dey laugh here. At least no one has faulted the huge fund injection. Lol.

Seriously, the Federal Govt is throwing its weight towards mining and lots of efforts gearing towards that side. JP also stands to benefit immensely all things being equal.

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

SUGAR and SALT no wan gree for anybody.....

Market responding well to some stocks in anticipation.......
Some insurance not left out....

teejay1334:
Please is there anyone using Afrinvest to trade on stock and what are your advices on the brokerage firm

Open a brokerage account with Morgan Capital Securities Limited
* Good customer service
* Low brokerage fees

You can send email to : info@morgancapitalgroup.com to request for account opening form

chunkuli:
@ yMcy56 Please whats your take on Omatek?

I've made a post about OMATEK here some few weeks ago.....
Omatek, also in Tech/computers/ICT, has a good business and is currently undergoing restructuring......
The renewable energy plan of the FG will favour the company, if there's a good management that can channel the course (and I think the current mgmt, with the late CEO's son may live up to the task).

* With good partnership, fund injection, the company will be well resuscitated and likely do well in near future.

* We should have update from the outcome of the board meeting scheduled for 30th January

** Remember this is my personal opinion. DD also advised**
**For name callers, Mcy is not marketing OMATEK. Mr. Market and unfolding events will give us better pointer at the right time. Just my opinion**

JAPAUL full bid @3.08!

Table as at now.....

- No diñe with Jegede, no diñe with Jegede, Jegede left 0.20k go settle above 1
-No diñe with Jegede, no diñe with Jegede, Jegede left circa 1 go settle above N2.....
- Shey the one wey dey massive loss na im come good to dine with?
- We go all dey alright las las.

More Q4 results coming in.....

https://doclib.ngxgroup.com/Financial_NewsDocs/40149_MORISON_INDUSTRIES_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40144_ROYAL_EXCHANGE_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40150_JAPAUL_GOLD_AND_VENTURES_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40143_GUINNESS_NIG_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

JAPAUL is GOLD !!
Fantastic result from our JP....
PAT: +366%
I think the days of JAPAUL below 2 is over!

No wonder......the rush and mvmt there today was suspicious......insiders buying at day's high...
Guess there's still more to the news....

*% edited*
Anybody wey know Maths should calculate the % profit, na Arithmetics I take calculate am.....

Streetinvestor2:
On another note those insurance companies still in business not completely dead ones have no business being below #1 with this inflation and devaluation of naira..They are still cheap

Exactly

Btw, a kind of quiet house today....

SEPLAT @3,074 officially!! Up with +279!
Moved towards last minute.....

Mixed reactions in market in expectations of results possibly........some getting more patronage in expectation of something good, some losing customers......
some indifferent.......they be like "anything wey wan happen make e happen, we no dey shake....

COCOA no even send anybody for that market......

SUGAR/NASCON: Merger expectation...

Generally,.market still behaves well today......

*Just personal view*

dapix:
Board meeting is today to review unaudited financial report

I think it's beyond result....
...but let's wait and see sha

Bull resume in market again?
Green generally on the floor as at now....

JAPAUL getting serious attention. Full bid @2.80
Any news?

yak:
Make I just look for etf to invest for now. The whole analysis want to give me paralysis

Lol.
DANGSUGAR/NASCON and few other ones may not be a bad idea after all.

Choiceguy:
I always listen when Agba and currentprice give out caution.nobody knows how dip the market will go.

Currentprice yes...........but Agba? Hhmmm.
I hope you also know your way around the market sha because that Agba you dey follow, I comment my reserve o.

KayOn1:
Back to my Ghost mode.

Nobody dey pursue anybody o.
The last time I mentioned you on JAIZ, it was just to make you as a witness to what I said concerning the fair value......since the discussion was with you then.
Not any form of accusation or whatever.

Streetinvestor2:
They should find another way of calculating that ASi.How can it still go up with 2 % plus with all that red in the market.This is papa deceive pikin

That's the more reason I don't take pple panicking because of ASI serious.

The ASI that can mostly be influenced by just few big cap stocks. Those penny stocks have very little and insignificant impact on ASI

If ASI is needed at 60k let's say, it will only take the SWOOTs just 4 or 5 tradings days of losing 10%.

Reason I also believed Oga Rabbi that the 100k and more is achievable when he made the predictions.
If DANGCEM, SEPLAT, AIRTEL, The BUAs, MTNN, Nestle and other big caps/banks should continue to appreciate, 150k will easily be achievable.

That's why some of those penny stock paralysis no dey move me sometimes. Dem go move at their own pace and time.

Some stocks reversing yesterday's shedding....
* TRANSCORP went as low as 14.87 or so.......now back @16.80.....17.20
* FMN @42 ....... Up with +3.45

Still observing.......
Make I no comment lest it be like say I dey fight market....

......and era of penny is going nowhere ......pullback is also expected here. It's normal for all stocks.
JAPAUL for instance resumed at day's high
* 2/3 penny stocks still on my watchlist

*Edited*

Shalom428:
A sound investor would rather buy Transcorp that is on full offer than put money in Daar communications that would be on full bid.

Outcome of the board meeting that they're still hiding will likely help TRANSCORP's ministry.

Even at that full offer, people are buying @16.39!

Those buying in millions knows what they're doing probably.......sell off here may be short lived eventually.......just my opinion sha

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