₦airaland Forum

faoogoke:
Accesscorp will rally as the market closes.
The people involved are on standby

ACCESS is not for the faint hearted!
They've started packing it @32 when market resumes and no offer again, just when someone came to drop 2M offer, before you know it, it was above 5M at same 32......

Guess some were taking profit at that junction in case it wants to reverse back below 28/30 again 😁

Let's see if they'll close it @32 or above..

* FIDELITYBK is closed to 23 as at now...

Now that ACCESS shifted base small, Fidelity was able to get room for movement....😊

ETERNA getting lots of attention today..

kariacat:
Dangote Refinery : Retail Investor Incentive Programme ?

From the prospectus, it sounds like they would give each person 1 extra share (N525) if you keep the shares for a year and 2 if you keep them for 2 years. Is this true ?

If it is so, I consider this an insult and a slap on the faces of their investors. So if Chief buys N50 million worth of Dangote's shares and keeps his capital tied down with Dangote for a full year, it is one single share that he will get as compensation..

Which of these is correct please ?

This is exactly my interpretation of the retail investor incentive!
Irrespective of your quantity or the quantity purchased, you get 1 after a year and 2 after two years.

* I think price appreciation is what Alhaji is looking at compensating investors with....rather than the bonus
* Hopefully, they'll be able to manipulate the price up in investors favour and keep maintaining it at higher price above the IPO's. 😁

** However, I think we should not get ourselves worked up on this bonus issue for now, more detailed clarification may come after listing or so.......maybe it will be pro-rated or not.

** Dangote Refinery can't give 1:10 bonus!!
It will rather be a consolidation or reconstruction into 10:1 possibly in future.

deathwing:
Just used the block function on someone. Never used the feature before…and wasn’t really aware of it before. Nice.

The disadvantage of that block button is that, if you logout and wish to read as a guest, you'll still be seeing the posts....
Best thing for us is to just learn to ignore and scroll past his posts that are non-investment related.....😊

faoogoke:
Be willing to buy Oando shares

Agbalowomeri:
You got it wrong
It is AVACAP and ZICHIS

Lol...Well done Sirs 🤣
Maybe if he can bring his 30B to those 3 stocks and move them up with at least +200% gains....😁

weyreypey:
You quoted the principality of derailment and indiscipline megawealth01

Lol.
Another stronger word than "nuisance" is appropriate.
Let people just find a way of ignoring his childishness..... depression is real.
I won't be fooled by all those big big names he's calling himself, anybody can refer to him/herself as anything, na online we dey.

thebargainhunte:
Seplat officially at N16,000. OANDO why na

* I don't know why SEPLAT has been doing solo movement without carrying others along....
* I also don't know why ARADEL is purposely being kept down......maybe they're waiting to get their fill first...
Everything seems to be getting set for ARADEL too....
* As for OANDO, its time will also come, one or two good news is all it's going to take..😊

chimex38:
Dangote be like:
"We must achieve this 10million shareholders with tesere units by fire-by-force"

https://dailytrust.com/nigerians-can-now-buy-shares-through-moniepoint-agents-says-dangote-refinery/

Honestly, the publicity come dey fear me self 😁

* NGX Invest has expanded the Public Offer purchase thru a WhatsApp channel
* First Bank App advertising and sending notifications
* Unsolicited messages popping-up on phones to inform people to buy..

* Who knows maybe they've deployed marketers to the local markets and streets-to-streets to be dancing and publicizing the IPO self 😁

** Who knows maybe they've cornered some of the foreign investors to come and buy first before coming to secondary floor 😁

https://proshare.co/articles/ngx-invest-expands-public-offer-access-through-whatsapp-channel?menu=Market&classification=Read&category=Stock

chimex38:
Well, I didn't just post. It was in context.

It was a reply to someone who made a request as at the time. That's why the reference price was noted.

Well noted.
Nothing wrong if you post your wins actually...
Just to also let you know that some picked higher and may still be waiting to break even.

ppogba:
Pastor Chi.. something,
Make una pity people wey buy at N10.80 na.

Even in your rejoicing and celebration, remember those that are downcast.

I honestly wanted to reply him that only few lucky ones or those long termers holding and picked much lower can still boast of making such gains....

Quite some people may still be waiting to break even...

LOCAL INVESTORS STILL ACCOUNTS FOR 90% OF NGX TRADES
23rd Sept,2026
We are still good to know...
FTSE RUSSELL people will still come and buy from us at premium 🤗

https://guardian.ng/business-services/domestic-investors-account-for-90-of-ngx-trades/

presiade:
It seems the moneybags are focusing on GTCO for now, so ZENITHBANK is still sleeping. Also, their hands have not touched FIDSON yet.

I believed our market will move up at the right time.....
They're not here for the past few years and we are doing just fine.
Although their presence will also increase our international recognition and may eventually drive in more participants as well as drive the market up the more....
Let's exercise more patience and expect them to come and buy at premium from us. Lol.

They've started arriving and will be encouraging their fellow investors that the coast is clear after testing the mic 🎤 first...

Meanwhile, our foreign brothers we welcome you o 🤗

Your handiworks are begining to show on ZEE and GTCO ....
When is the turn getting to Oil and Gas....and others?
Make una come buy the ones you sold some years back, make we all jolly for NGX 😁

** Meanwhile, I want to believe there'll be lots of control and Regulated actions this time around to prevent re-occurrence of what happened in 2008.....learning and taking action against past mistakes

Princkez:
FBNH! FBNH!! how many times did I call you?

Officially @165
Intraday up to 170...

FBNH: 165
STANBIC: 163.85

WhizdomXX:
Can one buy via the ngx website.

Critical Minerals Financing Corp Plc is listed on NGX Equity board as CMFC

mikeapollo:
I missed most part of the AGM.

How do they mean ''treasury shares'?
The plan/resolution as approved at AGM was to distribute them to shareholders. Has that changed?

I think it has changed but let's wait for more detailed breakdown of the AGM because I also missed quite some parts..

Agbalowomeri:
Okay maybe frontier market bull warming up

We pray o.
Volumes and activities are increasing..

So what are you buying Oga Agba?

Streetinvestor2:
Thr is one single fact oando is making progress in addressing issues. It may be very sluggish but they are not moving backwards

Today's AGM looks and sounds promising....
It addressed the debt issues well.

Concerning the share distribution, I think it was emphasized that it's Treasury Shares.......
Would be good if it's converted to dividends instead.

mikeapollo:
''Mummy wa''.
I hope the ''Daddy wa'' is doing fine and not causing much stress.

Wale, the ''trouble maker'' has been driven back to his office now. There should be peace now.

Sometimes, ''mummy wa'' also likes to stress ''Daddy wa''

We are back in the market......😁
Maybe na you be the Daddy Wa who knows.....😁

OANDO is looking promising if the talks are put into action....
I think FTSE RUSSELL will digest and analyse the contents better and help us do the needful when they resume on NGX......
OANDO is very cheap at current price to them....

* BUACEMENT doing +10% already...
On full bid @297..

* NASCON on +10% but needed 100k to make it official..

BabsO2:
Don't bet on such price manipulation just to pay a lower dividend. Come the time they will pay dividend my bet is a comfortable share price of N200 and above considering the way SEPLAT, ARADEL and Dangote Refinery is bullishly priced.

Perhaps they'll switch to stating a % of EPS going forward. Which way my bet is N10 dividend will be the next dividend.

You're truthful with your submissions.

How can a company deliberately pin down share price from appreciating simply because they don't want to pay higher dividends?
Remember these people even have more that 2/3 of the shares, so can they afford to be shooting themselves on the leg as well?

I think the share price will rather go up for convenience of paying higher dividends.....just like Jim Ovia knows how much he pockets every year (na example I give o).

If I heard well.....
The negative shareholders' fund is expected to be cleared by 1st quarter of 2027...
This was expected to be done in 2 tranches....
1st one by last quarter 2026
2nd by 1st quarter 2027....

* Significant reduction from N531bn in 2024 to N62bn in 2025

* Application also submitted to SEC for fund raising....

* At least, contrary to what some people are saying about taking OANDO private, it has been faulted.....

** One day one day, na lie go become na true...

mikeapollo:
Anyone can comment on the form and substance of the AGM. He chose to comment on the form.
We all cannot do the same thing.
Even Wale himself would not use the words ''nasty'' on any shareholder asking whatever questions.

Would you even use these words on a shareholder if you were the CEO sitting at the AGM?

Mike why are you not addressing Mega instead?
Are you his mouthpiece?

See the way Oga Emma for instance is commenting with figures...

I think minding your business is also a good business.

** The "block button" is always available for your use and his use.

mikeapollo:
This is unnecessary.
Every shareholder has the right to raise his observations or issues.
Let's take out emotions and harsh words even when we want to criticize

Why wasn't he commenting on the points raised in the AGM?
No be by force to be a shareholder of OANDO
The floor is always open to exit if he's tired of Wale...
His comments aren't centered on observation or issues with OANDO, it's obsession.

megawealth01:
Please avoid me since you don't want to be civil

You know I won't.....
Are you even following the meeting process at all or you're just obsessed with Wale?
Stop all the nasty things you're peddling upandan and at least try to be patriotic a little....
You can't just stay behind your keyboard and be typing trash and still expect no one to call you to order.

You can even go and phone in to call him different names and then, you'll know the world is a community...

megawealth01:
You are noticing how Wale arranged the meeting ba?
What a SHAME!!!

Go and ask your own question by typing it to the provided box or make a phone in call..
They're currently pausing to get people's questions....
You just stayed here dey make nasty comments about the meeting without even following it up

OANDO AGM is ongoing....
Now at questions and answers...

Seems investors have started entering some selected stocks ahead of 21st....
It better be real o. 😊

londonerr:
well i wish all well madam Mercy.... but just imagine......

I hope you imagine what could happen to your investments if something happens too.
Better to keep your imagination to yourself because it doesn't align with reality sir.

Reality check:
Dangote Refinery is still the only functioning Refinery in Nigeria at the moment...
Nothing must happen to it by God's grace.....otherwise, everybody go collect one way or the other.

You can only advice people, you can't force your opinion on any.

londonerr:
Just imagine something happens to the refinery..... That tanks your ajo money

Shows the kind of mindset you have!!
Why wishing an innocent company bad?
If you're not buying then sound your likely warnings and allow individuals make their choices......good or bad.

So,.what if nothing bad happens and investors smiles to the bank instead?

Stockpromoter:
For those who care to read about Avacap
👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇

AVACAP — INVESTORS NEED TO WATCH THE PRIVATE PLACEMENT VERY CLOSELY

There is a lesson investors should take from what happened with Abbey Bank.

Abbey's share price had previously traded around ₦13 before the company moved ahead with a capital raise. The important lesson isn't the exact Abbey structure itself; it is what happens when a company needs substantial fresh capital and new shares enter the market.

AVACAP could face a similar situation.

AVACAP has four independently regulated businesses — investment banking, securities/stockbroking, asset management and trusteeship — and the SEC has substantially increased the minimum capital requirements for regulated capital-market operators.

The deadline for compliance is 30 June 2027.

And this is no longer speculation.

AVACAP itself has disclosed that its Board approved a private placement, subject to regulatory approval, as part of its plan to meet the revised capital requirements.

That is the part investors need to take seriously.

What could this mean?

We don't yet know the final size of the AVACAP placement.

We don't know the final price.

We don't know the number of new shares.

We don't know exactly who will subscribe.

Therefore, we cannot yet calculate the actual dilution.

But investors should understand the potential consequence.

If AVACAP needs to raise a substantial amount of money and does so by issuing a large number of new shares at a price below the prevailing market price, the existing share count could increase significantly.

That could put pressure on the market price and reduce existing shareholders' percentage ownership if they don't participate.

This is why I wouldn't rush to become bullish simply because AVACAP has fallen from ₦13 to around ₦4.50.

The market may be looking beyond today's price.

It may be asking:

"How many new shares are coming?"

"At what price?"

"How much dilution will existing shareholders face?"

"Who will take the new shares?"

"Will the major shareholders participate?"

Those questions cannot be answered until AVACAP releases the actual terms.

Learn from Abbey — but don't assume AVACAP will copy Abbey

Abbey Bank demonstrates how a capital raise can dramatically change a company's share structure.

But AVACAP's eventual transaction could be very different.

A private placement is specifically an offer of securities to selected or pre-arranged investors, while a rights issue gives existing shareholders an opportunity to subscribe in proportion to their existing holdings.

So we need to wait for AVACAP's actual structure before declaring the extent of dilution.

One thing is already clear

The private placement is not just market rumour anymore.

It is in AVACAP's financial statements as a Board-approved plan, subject to regulatory approval.

Therefore, anyone analysing AVACAP at ₦4.50 should have the potential capital raise in their calculation.

Don't look only at the current market capitalisation.

Don't look only at the H1 profit.

Look at the possible enlarged share capital.

That is the number that could ultimately determine what each existing share is worth after the capital raise.

For me, the next major AVACAP catalyst isn't simply a price bounce.

It is the disclosure of the private-placement terms.

Until we see the amount to be raised, issue price and number of new shares, I remain cautious about declaring the current price a bottom.

Watch the share price — but watch the coming share issuance even more closely.

Loco, where did you get this from?
Kindly refer to the page where you saw this.

* AVACAP is a newly listed Stock/Company and has barely listed in two months +
* She has barely submitted no FINANCIAL report to justify any Capital raise (the Q2 submitted was Unaudited)
* Recently.converted to a Public Company shortly before listing
* The Holding Period is not even yet 6months talk less of 12 months approved holding period
* No financial report track record of 3yrs or more to justify any fund raising yet...etc.
* Even if the Board approves Private Placement, SEC is not going to approve such......except I'm missing something here sha.

* If at all there's going to be a PP, wont the share price be going up rather?