₦airaland Forum

MRS
Meanwhile MRS is sighted @145 in market...
Is the buyout price of N135 no longer holding?

designking:
Wale style of leadership is the singular reason Oando is still in a messy state.

Oando might struggle for a while before any meaningful progress can be seen.

When result was bad self, did it struggle to move from N8/10 to N90?
Once the cowboys are ready, let's leave other stories......
By Q4 2024, the result will shed light on the new shareholding structure
Then we see how it fares again...

This result is ordinarily expected to take it to full bid self....
It's even looking like some people trying to depress the share price in market as at now.....
Something wey go still cross 100.....
When is what I don't know, may be sooner than expected, may be later.

OANDO
Result yet to be digested by many....
AGM ongoing....
Good result from my amateur's perspective
People just like to act in haste
OANDO still remains an untapped goldmine 😊
We are waiting for AGM outcome......make we see how the bonus talk go be ...😊

Sunrisepebble:
Are we looking at the same results?
The profit has declined from 9M 2023 versus 9M 2024

Lol. I be amateur o
I just checked PAT and summary page, haven't even check other pages......na why I pass it over to the analysts
Check GROUP result anyway ....page 4

Harvestock01:
Sleepless night go plenty this night 😂

Towards midday during market hours, the tempo increased....
Intraday going for 71 when someone came to place heavy bid @72.15 and was filled, quite some rushing up to 73.......very suspicious trades towards COB as well...
Over to the analysts and Mr. Market.....😊

OANDO
Q3 2024
Those asking for result, e don land oo

GROUP:
2023 9mths ended : 7.3bn
2024 9mths ended: N79.3bn
Over 1000% PAT

https://doclib.ngxgroup.com/Financial_NewsDocs/42713_OANDO_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_DECEMBER_2024.pdf

Redoil:
haunty i have been recieving dividend from flour mill every year but i sold my last holding 13 years ago which does not appear in m cscs please can you explain to me why it is so

Cobtact their Registrar, I think it's First Registrars
There might have been some Bonus Shares distribution before you sold it.

Alternatively, ask for a copy of your CSCS account and check.
Also try to recollect maybe you bought with another account opened with analogue broker.

Raider76:
Where's Sister Myc? Is she already off for Xmas? Or has she been drafted into the wedding organizing committee of Ginalex?

My bros I dey o. I just gentle.
Gina no gree put me for the organizing committee wey for benefit me pass.
Thanks for the mention sir.

FLOURMILL - HONYFLOUR REBRANDING
- FLOURMILL relaunched HONYFLOUR
- This is a significant step in reshaping the Honeywell brand .
- The relaunch was described as a "Movement" and not just visual upgrade, according to the Marketing Manager
* FMN placed on suspension today
* Maybe Honeywell would now be driving the course of FMN on NGX going forward.....
* Keep Honeywell on watchlist

https://nairametrics.com/2024/12/16/flour-mills-relaunches-honeywell-brand-rules-out-price-increase-in-noodle-products/

https://nairametrics.com/2024/10/17/flour-mills-to-invest-1-billion-in-nigeria-over-four-years-to-expand-production-facility/

sterlingD:
I remember he mentioned Custodian, Prestige and not too long ago Betaglass

Even though all the three are good....
- I referred to BETAGLAS.
- A very illiquid stock but the performance has been great......from my own amateur view
- Q3 2024 PAT alone is close to 9mths 2023 (despite incurring some FX loss, meaning it would have been more than 9mths 2023 if not for this)
- OS is 600million
- Free float around 180million
- Stock for patient long termers especially
- Over to FA analysts for more breakdown

https://doclib.ngxgroup.com/Financial_NewsDocs/42542_BETA_GLASS_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Ginalex:
15 days to go o... I pray make none of him wives attack me for road abeg

....and his wives can be jealous ehhnn
Happy married life in advance !
Wishing you God's all round mercy and success IJN.

Ginalex:
See ehn, I don taya for Agba 🥲🥲

Na baba for all ladies oo, he get plenty wives. 😁
Lol. Don't take him too seriously with those comments.
The D day don come and go? 😊

Agbalowomeri:
So you people are making babies behind my back?

This cracked me up 😁
Let her baby catch you

E ku market o. 😊

PZ aggressive accumulation towards closing.....
UACN shaking body small small...
OANDO moving up gradually......seems some people are getting hook of some info....or is it renewed interest? We will know as time goes on.....
TANTALIZER back on full bid....
WAPCO: Those loading are done already? Those guys are something else....they made some to panic sell.

** There's one stock especially for long termers with good financial prints, just silent for now....
Aj8 already mentioned it sometimes ago, not too long.......it may deliver 50% or more in gain once they're ready for it. DD advised. 😊

** Insurance lovers, add STI to your watchlist....

Princkez:
they should let OANDO move ooo

ARADEL closed high @499 officially, touched 511
CONOIL closed high @352
The force kept dragging OANDO once it's moving up...
What is the entity cooking wey he never done? 🤔
I sha know OANDO is cheap at current price.....barring any other thing...

Willie2015:
Agba said na N=12 stock
I dey loaded insdie this one and
Custodian...
Custodian self go soo move above N=15

NEM closed with +10%
Insurance Sector is looking up...
Agba seems right with the bull he sighted in the Sector....😊

Meanwhile, they should allow my stocks to move oooo
Those forces keeps dragging them down ..
Once it's going up, they drag it back.......this is an indication that something is coming up from that angle.....
We are watching them....😊

Meanwhile, NEM has silently touched N10 while people aren't paying attention!
Congrats to Oga Wanaj0 and all in the bus.....

In another news, an entity is trying hard to keep JAPAUL price down.....
Reason for this is still unknown...

If not for buyout, WAPIC shouldn't be trading below N2 by now.
Anyone with update on the buyout?

ARADEL responding to one positive news.......if the seller won't come and spoil show for them again

Agbalowomeri:
E be like Tony dey plan bonus for AFRIPRUD. This run no normal

Insider things...
I saw when they came to rush it at N9 and closed it at N9.90...
I just thought maybe it will reverse back again...
It's well.

Similar thing happening in UACN.....
Lots of insider transactions...

ositadima1:
Mcy56, even without using Ichimoku, does a better job. At least if you follow her strictly, you can make some money.

But Mcy56, why do you underestimate yourself? You’re a guru. Don’t dilute your evident skills by aligning with these so-called “Ogas.” Just my two cents.

Mcy that doesn't know anything about TA
Stop looking for vawulence 😁

Honestly, I'm seriously looking forward to the bull...
Christmas is so close.....
Hopefully the Bull will creep in before week ends 😊

mikeapollo:
Have you garnered some intel on Oando of recent?
Your new-found interest is very eye-catching and suspicious.

Sunrisepebble:
Hearing some gist in Wapco, not a positive one. Not a sell advice yet either, im still inside. Will confirm later

Abeg help us find out on time.....
I saw those crashing too....but since it's insider things, one may not really know if they're running or accumulating......
Maybe HOLCIM no wan sell again.....
Their logo appearing on WAPCO letterhead caught my attention actually..

Panadee:
Sometimes this NGX no dey get pattern; the more you look, the less you see.

Too much of insider influence and manipulations

Panadee:
Yesterday (and last Friday), I noticed that some bids with higher prices were still waiting on the queue even when there were lower offer prices. It looked quite strange.

The bids were nowhere to be found today.
So who are those mopping it up at circa N75?
I sensed some insiders hands here.
Nigerians with all our wayo tactics........wouldn't be surprised if they're mopping it up for the majority holder, HOLCIM, because HOLCIM now appears on their letter headed paper, which I didn't observe before now.
Some men that matters in WAPCO may be mopping up too, who knows. 😊
They'll place some false Offers to force retailers to start panic selling......when done, they move the price up again.
* Just speculating anyway
* Maybe they actually know what we don't know yet...🤔

WAPCO
Are some people selling because of the exchange rate?
OR some insiders are deliberately crashing the price to load as much as possible?
OR some top executives or proxies mopping free float as much as possible?
* Just wondering why it's selling lower in market and cross dealing at lower price......
* I thought agreement has already being signed

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Lafarge_Africa_Plc_-_Dec_2024_Press_Release.pdf

brodalikeme:
Na your mouth been wan put you for trouble. There isn’t an explanation that will rationalize your earlier comment. I also share her sentiment about the market yesterday. If your comment was made in response to what she said to @mikeapollo, I wouldn’t have called you out.

Anyways, you done explain and apologize, no need for more talk. [/b]

Thank you sir.

MTNN
Heavy cross deals.....

That Oga asking about MTNN, hope he was able to pick some @170

I was of the opinion to one of my Ogas that MTNN may not go far lesser than the IPO price again (N169), that they might not allow it to go lower.....
Few intraday buyers got very slim quantities @168/169 before this reversal


WAPCO
Some sell off or we should still call it accumulation?
I hope those retailers selling won't end up making mistake just like some FMN guys did

Omooloriredade:
I guessed as much and that's perfectly understood

Keen to see how the women here perceive it though. In my enviroment (growing up and now), such topics are openly discussed. It's nothing to be ashamed of. Actually, it is men that make it a taboo to mention things like that.

- You see, some of us do read everything posted on this platform so as not to miss out on any vital info.
- Anyone that does this would understood the angle I was coming from......and the fact that few people have been saying one thing or the other with respect to this as well, before now should have made such irrelevant posts reduce
- Megawealth01 likes posting such time wasting posts! He repeats same thing on uncountable times.....also smileys when he could have just like or share the post and save space/time.
- Mikeapollo might have just been, maybe right on wrong person to have been quoted this time around, I don't know, apologies to him if I wronged him.
- .......and concerning those that liked the post, I know the setup I was referring to, they know themselves.

Anyway, make we just forget it and forge ahead, I've said my opinion and that was it.
We move again....😊

Agbalowomeri:
On behalf of the committee of women, your apology is accepted
Go and sin no more
Your fine is a white she-goat, buy it on a market day

Well represented. 😊
Bull from Burundi would have been better sir. 😁

Looks like market is stabilizing today.....
Hope it's not too early to say this anyway...
Help recheck your Candle sir......

Today's market get as e be o
What could possibly have caused this?
It's better this trend reversed back up from tomorrow.

Meanwhile, once person go away small, na plenty pages full of irrelevances and smiley person go come meet, maybe this place is now crowded by kids, we don't know again.

*Edited based on elder's advice*
Make Una continue with anything Una like.

WAPCO
What's happening here?
Accumulation, Cross Dealings or Mop Up?
Closed to 12million units in dealings....
Thisnhas been happening since last week

@Mikeapollo
So 50% increase is too small in 3mths?
If you're not impressed, go and help them achieve the 100% in one month nah.
You guys will just never be satisfied with anything.....
Everything to you should be about the immediate rally in the market....

Anyone interested in OANDO and can be patient should just take a sit in the bus.....
If you like, let all those negative comments and energy discourage you...