₦airaland Forum

Seunn11:
Good response.
It is interesting to note that at 33.10 naira, oando is trading at 0.26% of seplat which is already trading at 12,320.00 naira and at full bid as at today August 28 2026.

For a company making Trillions as revenue and already in billion profits range, I think OANDO is just a matter of time.

For those saying they intend going private, I don't think so.
Sometimes ago, people here have highlighted some reasons it can't work out or pay off.
* Wale knows what to do once they're ready to make the company deliver.


** Meanwhile, campaign is kicking off already....
Frontier Market Status, one of the campaign achievements for 2027 elections....😊

https://www.channelstv.com/2026/08/28/fg-hails-nigerias-return-to-frontier-market-status/

Seunn11:
Any insight into why all the delays in everything wale tinubu proposes as solutions?

One can never know what's going on in the mind of those Ogas most times, until they say it out.
I think the RI delay has to do with the distribution of shares.....
There could be a clause in the NGX Rules that's holding the whole process down..

* Although the update so far was that the application has been re-submitted to SEC and we're awaiting the approval....
* I somehow saw somewhere that it has been approved but I think it hasn't.

* The worst part is the silence on the part of the CEO, if he has been speaking or carrying investors along, the price won't be nosediving like this.

* Possibly they wanted to pack it much cheaper.
* AGM is 17th Sept, hopefully there'll be update before then.

KarlTom:
PZ As expected...
FY DIV: ₦2.50

https://doclib.ngxgroup.com/Financial_NewsDocs/47854_P_Z_CUSSONS_NIGERIA_PLC.-POST_BOARD_MEETING_NOTIFICATION_CORPORATE_ACTIONS_AUGUST_2026.pdf

This is commendable!!
PZ is also back at dividend payment...😊
It should now be trading side by side with UNILEVER

londonerr:
Divided by 10....

OK.
I hope you won't change moniker by then.

mikeapollo:
Wale is holding AGM on Sep17. It would be an anti-climax for him to say anything serious right now.
But if nothing good comes from the AGM, then wahala.

I hope he does what's right for the shareholders this time around.....
OANDO shouldnt be trading below 250 at least....if everything has been normal.

jonnysessy:
Where do people get this money ? I am still at a loss here how can someone execute a single trade of 102,888 units of Seplat at a go and move the price to N12,320.60k. Then who is also the single buyer that was also ready to part with that quantity of units. When things get to this level i really find it difficult to comprehend price movement in NGX. When one is trying to buy just 100 units, some other person is buying 102,888 units. This life no balance. I was thinking that the suspended price movement by NGX was to make stocks of this types more liquid.

If the Frontier Market Status kickstart, be expecting it at higher price.....
The Foreign Portfolio Investors (FPI) get more than enough $$ to keep driving it......and other selected stocks no matter the price.

The concern, as raised before is that they won't come and leave us worse than we are.

** Meanwhile, we also have institutional investors, Market Makers and other network individuals who are very wealthy .

* With SEPLAT at over 12k/share.....

* ARADEL is also expected to move.....
My rough estimate calculations is 1840...

* OANDO's value has also gone up......🙊
Wale needs to talk.....to say something about the debt repayment at least....
Positive statement and action will put O&O in good perspective and drive the share price far up..


** Meanwhile, ACCESS is @29+ as at now...
** FBNH @140
** SEPLAT full bid on top 12320!

Monibabakan:
Meanwhile, the last time I checked, DAARCOMM still on full bid, and Seplat officially up by N1,120...Madam, I missed your updates, I said let me try small .

E Ku Market Sir. 🥳
Prolonged downtime don turn us to onlookers....😊
Mr. Market doing it's things....
We're hoping this red doesn't continue to September ooo.

Meanwhile, N1.27Bn moved SEPLAT!
Officially @12,320.60!
No be small thing...

Agbalowomeri:
BARGAIN HUNTER has been captured

Hunter became hunted and trapped 😁

Anyone with FIRSTHOLDCO should just hold it....because, if the race for banking begins, Otedola will make sure First Bank is leading.....😁

* It's even remaining STANBIC to clear out of the road self....😊

Abeg DD o

SEPLAT officially moved +10%!
ASI dragged up again

* The Frontier Status may likely move the market up once the FPIs decides to start moving funds in...
* Banking stocks will take the lead...
I just pray it goes round the market...

https://nairametrics.com/2026/08/28/ftse-frontier-return-puts-nigerian-banks-mtn-nestle-in-line-for-fresh-inflows/

Monibabakan:
It's the certainty for me like "aworawo"....Anyway, time will tell

Are you minding him?
I initially wanted to reply but again decided not to.

In my opinion, the next coming election can't be so severe on people unlike the last one....
Reason: except God decides otherwise, there's really no serious opposition to the incubent president.
A house divided against itself cannot stand...

One loss, both serious contenders parted ways instead of solidifying a formidable team.....who does that?

Like I said, it's just my opinion, no one should reply to drag me outside investment talks.

FRONTIER MARKET CLASSIFICATION BY FTSE RUSSELL

https://nairametrics.com/2026/08/27/ftse-russell-to-proceed-with-nigerias-reclassification-to-frontier-market-status/

Some funds entering the Oil and Gas...
SEPLAT, ARADEL

SEPLAT needed 100k to move up...

ARADEL @1400 intraday but officially @1374.20....

Increased participation in some bank names too..

narite:
Probably they will be hugely fined and allow to continue.

We hope/pray so 🙏

KarlTom:
UBA & GTCO also seek extensions for filing H1 '26

Na September most of these results comes in....
Few times late August.

faoogoke:
I dont think anyone can really explain share price or fall on NGX. None ever convinced me.
People cook up reasons even though many atimes the reasons dont add up.
It is just the unique way the market is.

* The market is simply a CYCLE.
* Yes, people postulates different reasons why a season is like this or that...., while we can say it's a part of it, the main thing is that it's just cycle continuity.

* Reason why sometimes we can't just explain why there used to be mad Bull before results are being released....and,
Once the results starts trickling in, Mr. Market starts nosediving no matter how fantastic the results are or the number of good news following thereafter.

* Also, more reason why the Bear or sluggishness persists for some periods no matter the level of good news going around or the season we are in.

* The Market will still come around after this downtime........and the CYCLE continues again. 😊

** Reason it's most often said that Mr. Market has a mind of its own.

NSEstudent:
I thought coys which fail to meet the base will be acquired by others

Omoo, this one na another Gbese for people wey hold the stock oh

Too bad 😔
NAICOM is supposed to give them options of merging within stipulated time/additional grace time at least.

N13.6bn Investors funds bite the dust again.

* Universal spokesperson said they've appealed the decision anyway.....
Hopefully it works in their favour.... 🙏

https://nairametrics.com/2026/08/19/naicom-revokes-universal-insurance-licence-over-failure-to-meet-recapitalisation-requirement/

toyeoye:
After holding flat for most of the session, ARADEL has now slipped 9.99% to ₦1,374.20 with minutes to close.

Maybe they're trying to make it liquid again by clearing the offers at day's low....
Or, some institutional investors buying.....
Looks more like some big boys picking it.

mikeapollo:
They used to put such stocks on suspension, but stakeholders complained that placing such on suspension was indirectly preventing them from trading at their market value and thereby prone to manipulation and abuse

Which complaint?
Definitely not in this kind of situation.....

NGX must have been pre-informed about the revocation before it's officially announced.....

* I actually don't know why NAICOM is in this haste, this is just mid August!
* Some are still perfecting their recapitalization.....
* I expect some kind of internal duration/window within which to conclude on these things..

https://nairametrics.com/2026/08/19/naicom-revokes-universal-insurance-licence-over-failure-to-meet-recapitalisation-requirement/

elengine:
120m units on offer. Who are the people that bought 7.5m units? Are they okay or they are high on stimulant?

That's why I used to complain about these regulators sometimes.
Aren't they supposed to put the stock on suspension since market opens?

Some unsuspecting ones are still buying while the offers are increasing..

https://nairametrics.com/2026/08/19/naicom-revokes-universal-insurance-licence-over-failure-to-meet-recapitalisation-requirement/

BEWARE OF THIS FRAUDULENT INVESTMENT SCHEME!

*Warning from MAY & BAKER

https://doclib.ngxgroup.com/Financial_NewsDocs/47821_MAY_AND_BAKER-PUBLIC_NOTICE_OF_FRAUDULENT_INVESTMENT_SCHEME_CORPORATE_ACTIONS_AUGUST_2026.pdf

handsomebolanle:
I quite disagree…
The rule is the best that could happen to NGX. We need to find a true discovery of our market capitalization. The present figure doesn’t show depth but only major the reflection of the big cap stock.

And yes, the 0.01 movement should be on hold until we are more robust.
However, we need to adjust the closing price for some stocks to show true market value.

If we must grow as a nation, some bold decisions need to be taken.

Read my posts very well...
The rules are bad and backward in itself......
Even though the tiered bulk movement rule is better, it's implementation is coming at a very wrong time.

If it had been implemented today, the market will be greatly affected before it could stabilize again....

Now tell me how it wouldn't rubbish the ongoing reforms and the $1Trillion economy the present government is aiming to achieve?

Also tell me how it wouldn't affect the image of the country negatively before it later stabilizes..

currentprice:
as the overall market mood seems to be turning red day by day, it look like we are getting closer to a good time to enter d mkt

Keep eyes on that stock on ur watch list. we are making it bigger this 2026/2027

_{^{"cash is king"}}

Compliment of the Season Sir. 😊🎉🥳

Streetinvestor2:
OK traders gambling thing. Then again how man retail investors real trade those expensive stocks based on the volume we see in the market daily. Many no get that money for such trades.Many of those stocks are out of thr league from what I do see on ngx

You don't get it.
It's not about the affected big Cap stocks alone, but the effect will be felt in the whole market.
Already, the market is feeling the heat of the proposed new Rules already, even before they kick start it.
It's effect will echo through the entire market and nation.

If two elephants are fighting, don't you know it's the grasses that will suffer it?
That is, if big Caps are being dealt with, where do you think the small ones will be?

The only thing that's good in it is the tiered single bulk volume movement (that can change prices officially).....BUT, the implementation of the Rule is coming at a very wrong time....
It's wrongly timed.

Sunbellar:
Good evening NL
I joined this group from Facebook. They said they trade foreign stocks in US with good returns. They call very huge amounts of funds for investment with huge returns.
See the attached whatsapp group
Please how genuine are they:

Pls stay away from this kind of investment.
It has SCAM written all over it!

essentialone:
The new policy should be scrapped off completely.

Very nonsensical rules!!
* The New Price Amendment Rules was screaming "FAILURE" from the time they even proposed it.
* Amendment to existing policies is supposed to make them better and not to worsen it.

I mean, who does that?
GTB for instance will now have 0.01 steps?
Are they moving the market backwards or what??
Maybe it's engineered and proposed by Tinubu's enemies who wants to see him fail 2nd term by all means....😊
At least, let them limit it to their political circles and not bring it to the investors or masses.

** The New Amendment to Pricing Methodology should be cancelled in its entirety, while market experts and active participants are again invited to reassess it and make it better in such a way that it moves the market forward and not backwards!!

Agbalowomeri:
The way wey you dey para these days ehn... Wetin dey happen gangan

Maybe because I don't like Bear periods or because I don't like to see prolonged downtime in the market... 😁

Moreso, I don't like when people are losing money. 😐

At any price below N8.50 or thereabout, anyone selling is selling at loss.....
Aside the Directors already owning the stock.

Martialfc80:
Well done man. You no see Oga Emma blame this time around like you did on Zichis matter

Lol.
Is it because I didn't mention name?

I think the best thing is to be keeping some things to oneself on this platform.

*One thing is that no one can dictate what I'll do or not do to me no matter how you try or badmouth any stock..
I've developed thick skin against such a long time ago.

Ok. If this makes everyone happy here, I'm selling AVA today so we can all wait for it at N1. 😊