₦airaland Forum

toyeoye:
This one?
"NNPC Partners with Stena Bulk, Caverton Marine to Revolutionize Nigeria’s Maritime Logistics"

Exactly.
Thanks.
Not saying it's the cause of the rally o, just said maybe it's the reason.

Jeez2:
Abeg is there a reason Caverton is on full bid?

Possibly because of one recent positive news.....
If I see am, I go paste am on this post

NASCON
Why the sudden leap in market?

Karltom any news to look forward to?

LIVESTOCK, Honeywell, PZ, OANDO on bid...

Xidget:
I read somewhere that they paid off $215million acquisition loan. (I don't have link) I guess that's what is getting itvsone attention.

You're right.
I also saw it.
They paid off huge debt, $215m or so, and also, FG's debt to them and GEREGU is huge
By the time this is offset by FG, they'll be in huge money.
Also, the meeting outcome has some positive vibes in it.

** Not any form of advice

Lots of activities in TRANSPOWER despite poor dividend.....
Looks more like accumulations since yesterday.....
What's happening here?

Streetinvestor2:
Sorry,I don't practice that kind of Christianity. I have said it before. I don't believe if you slap me I will turn the other side for you.My is if you slap me.i remove your head so that it doesn't repeat..The bible says suffer not the witch to live and not to have second chance.
Therefore I see some human as witch never as human and don't know how to pretend .As a witch all I wish you is death...simple

Means you're not a born again Christian.
Jesus has come to repeal and abolish some old testament believes.......said they were given such laws because of the stiffness of their hearts/necks.
All the commandments has now been grouped under 2 royal laws as seen in Matt 22:36-40....
Love the Lord thy God and, love your neighbor as yourself.
Make una dey read your Bible very well o, especially New Testament which talks more about the gospel of Christ. 😊

Streetinvestor2:
.I will repeat it again. Dey your lane.You don't exist in this thread to me.
When I start my own.No body should come to advice.
The above statement is an insult to me.
Make una dey see am.He and his likes should stop quoting me.I hate the moniker and feel same about those behind them...not pretending about it

Street, the bolded is a strong word that shouldn't be heard from human to humans, not to talk of a Christian who knows the heavy weight placed on such words.
Pls stop hating people, disabuse your mind against this, God is against it......
We're all here for a common goal regardless of our differences.

That said, let everyone maintain his/her lane.....
If you taunt me because of my stock, I'll be tempted to do same when it reach your turn, so let's respect individual's choices abeg.

Someone will not come and broker peace now, but will be quick to call Mcy names for doing same.

SonofElElyonRet:
Sofry Sofry Mercy.. na you talk say make everyone dey their lane.. gbas gbos for early morning

Lol
Make we reply them back small.
This Nsempa ehh, dem fit give some people BP....
See different permutations that came up just within 3 days........ Uninformed person would thought the end has come for the stock..😁

Btw, is Yayira still on this platform self? TradderR?
She said when Nsempas starts badmouthing a stock too much, she would just go and pitch her tent with such, it must deliver...lol.

Who are those queing up for OANDO today @+10%?
Osita you dey among?

Those that panic sell @46/47 or at loss yesterday, no come here to blame village people oo....
At least dem don help you get rest of mind now, you go dey nurse your wound gently. 😁

Someone even wanted to buy @N10, una try, all na trading.....

promisengr:
Hello Everyone, I would like to ask which stockbroking firm offers the lowest commission fee and VAT on commission.

Also which other information is relevant on choosing a broker aside from the fees?

A. Morgan Capital Securities Limited

B. Prompt customer service delivery
Digital platform
Ability to trade yourself
Licensed broker
Low brokerage fees

temi4fash:
Please ma'am,
What is the meaning of APR?

APR is short form of Africa Prudential

ositadima1:
My bucket list keeps getting longer by the day. When I finally meet my Creator, I’ll confidently share how I helped souls on that rock—while some people will mostly have stories about comparing bananas and pineapples.

You know say you like to look for trouble.... 😁
Add soul winning to your to do list, it will make your bucket full and heaven will rejoice.
You may want to join Pastor on the mission field as well. 😊

ositadima1:
Ok nah, I be baby where you dey na, na 2020 I enter stocks.

Make una learn to dey respect your elders then. 😁
I hope you're joking for saying you don't know him.
One of the founding fathers of this thread and an icon in investment world.
Visit his page and add knowledge to your understanding concerning stocks and investments in general. 😊

ositadima1:
Whatever. My point was that the finances were intact, so I bought the dip back then. I know Agba joined later. Let me find my post from that time—you can verify.

I don’t know anything about Wanajo. I do remember Agba initially saying it would fall because of the GTCO situation, but later, he started buying. It’s all here; let me search for them.

The financials were solid, but people bought at above 30 due to the financials and later saw their funds being eroded due to the heavy, non stop sell off that crashed the price to below 20.

If you don't know anything about WanajO, then you don't know stock market fully then.
He's one of the DGs of SEC and NGX. Also a portfolio holder in Tinubu's govt. 😁

My point was that, FA sound stocks could also have issues that could affect the share price negatively as well.

ositadima1:
As I recall, GTB’s issues were related to their transformation into GTCO and the unfounded fears that were created; even I was loading with my 50 kobos as it declined, as was your Agba. What exactly is your thesis?

The issue with GTB wasn't about transition to Holdco but had to do with GT and Innosun together with some insider politics and power at play then.

Even Agba jumped in @18 after watching the film to certain series that time......many ran and the likes of Agba cashed out on them.

Respect to Oga WanajO who identified it as goldmine then.

Streetinvestor2:
Wale and his proxy are delisting minority shareholders from back door...my street sense

Something is happening backdoor but not yet known to the public.
Some games at play.

ositadima1:
You always seem to compare apples and oranges—why do you do that? When GTB was selling, it had no financial issues; their profits were intact. How can you compare that to Oando, which currently faces severe financial difficulties? I don't understand you sometimes—are you involved in it? Oando may eventually sort itself out financially, but the current reality is bad and not comparable to GTB. As I recall, GTB’s issues were related to their transformation into GTCO and the unfounded fears that were created; even I was loading with my 50 kobos as it declined, as was your Agba. What exactly is your thesis?

If it's Friday, I wouldn't have answered you because you for don dirty your eyes...😁

GTB was mentioned because of those that talked about fundamentals.
Despite it's fundamentals that time, massive dumping was happening on daily basis for months.......it came down to 17/18 from above N34 or thereabout.
Just to reiterate that what moves this market can be beyond fundamentals sometimes.
NEWS plays a key role.
"Porousity" is another key factor......respect to Oga Mendes911. 😊

What fundamentals took Juli to above N10 from below N1?

In as much as I wouldn't want to say anything much on OANDO at this time, I'll just want to AGAIN advice those in it not to panic sell at loss.

Those selling are mostly not on queue......
We can never know what these guys are up to sometimes.....Once they want a stock at certain price, they'll do all to get it, nothing any retailer can do about it.....they have deep pockets and call the shots in this market.
So also, when they're ready to move it, they get the job done...... fundamentals or not.
I think patience is required at this time.

When GTB was dumped all the way down to 17/18 that time, there was no theory we didn't read here but the fundamentals were still intact then. Not too long after that, the story changed.
When Otedola entered Transcorp @N1.35, Transcorp moved all the way to circa 4 or 6 with no fundamentals, when Tony later stepped in, it went above N10........within same year or so....

If you don't trust Wale, maybe the best thing is to stay away from his stock!

Market seems to be taking a break from the red today.....
Thank goodness....
APR changing some dumpers mindset....

AFRIPRUD
Board Meeting outcome....
* To declare final dividend and a bonus issue**

This seems to be the leaked info that got APR to 30+ from N8/9........bonus looks priced in.

https://doclib.ngxgroup.com/Financial_NewsDocs/43175_AFRICA_PRUDENTIAL_PLC-POST_BOARD_MEETING_NOTIFICATION_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

TRANSCO HOTELS
* Final dividend: 64kobo
Interim dividend 10kobo (Paid in Aug. 2024)
**2024 FYE Total dividend: 74kobo
https://doclib.ngxgroup.com/Financial_NewsDocs/43176_TRANSCORP_HOTELS_PLC-POST-BOARD_MEETING_NOTIFICATION_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

CUTIX
* Director's dealings (buy)
https://doclib.ngxgroup.com/Financial_NewsDocs/48_Cutix_Plc_-_Notification_of_Share_Dealing_by_an_Insider.pdf

Payunsin:
I am having difficulty to shit.
T.pain don kill me

Iffahia! Lol
....but not long ago, the same T.gain dey make you feel like a market pro.
Na so humans be.

.....but honestly, today's market get as e be, should be getting to the peak.....
This is earning season, this type of red is not expected at this time, maybe it's human induced red who knows...

Where did Oga Agba brought this red in the market from?

Abeg sir, help us check the cloud or whatever deity you wan consult, to know whats happening.......I'd expected that the trend will stop today, but it seems una never do. 😊

Quite a lot of stocks are defending the share price but for OANDO, the enemies seems much....
The guys came to drop the price towards COB, it's been somehow on the defensive side since market opens, no 100k until towards tail end..... Could be the handiwork of someone somewhere sha. They needed to pack it cheaper.

ositadima1:
Instead of una to put chaplet for water they bind spirit of oyibo innovation breakthrough you dey there they argue, ok nah.

People said and argued more than this during USA Shale Oil production, that Crude Oil would be phased out......
Like Street and Karltom said, crude oil is going nowhere for a very long time.
Shale Oil production peaked in 2023 and has been witnessing decline since then.

Solar costs is still very high for most African homes and the cost of maintenance is very high as well.....
Many people will still prefer their fuel to renewable energy in a long time to come when placed side by side with solar.
Let the government worked on bringing the cost down first, then it can at least be going alongside fuel for now.

Hope I understood what your argument was all about. 😁

DANGSUGAR
With the activities here since last week, abeg Sunrisepebble help check if they're back at SEC.....or any other person with vital info...😊
Or
Maybe some insiders sighted improved result or just trending because it was undervalued @ circa 30...

Believed events of things will shed more light on it.

faoogoke:
https://www.vanguardngr.com/2025/02/wale-tinubu-bags-transaction-of-the-year-award/

Wale Tinubu is Investor of the Year

It's good some outsiders are not seeing or analyzing as Nsempas are doing ......
We go all dey alright las las.

thebargainhunte:
It will, if he doesn't create that trust. People are seeing Oando as a ponzi scheme.

Leave OANDO since you didn't buy.
I've seen your posts that you were quick to be posting when it's shedding....
I hope you'll be here to make counter posts once it reverses up.....
Maybe it's you that's seeing OANDO, AGIP as Ponzi scheme, I wouldn't know.

mikeapollo:
We should just hope for good results for Q1 2025, otherwise, the price could hit below N50.

Panic retailers selling.....
More opportunities to load in my opinion.

Someone said the remaining shares for distribution might ikely not come as bonus again after June qualification.
It may come as dividend instead.......

I still see this selloff as opportunity to load more, for those who still have spare funds.......and of course, bargainers are loading.
The quantities on offer aren't that much.

I still don't see how OANDO and ETERNA will be trading at similar or closer value...

MPC Outcome
CBN voted to hold all interest rate @27.50 across board......

https://nairametrics.com/2025/02/20/breaking-cbn-votes-to-hold-all-interest-rates-at-27-5/

UNIONDICON
My Oga BBM mentioned this Company, Union Dicon Salt Plc and it caught my attention to find out what's with the consumer goods Company for their inactivity and unprofitable situation.

* The name behind this Company is a big name, Rtd Lt. General T.Y. Danjuma, his company and some notable Nigerians in Defence.
* The company is in partnership with a Brazilian cou, AIMS Ltd, which also serves as the technical partner
* This company is in same/similar business with NASCON, it operates in crude, processing, packaging and distribution of iodized salt.
* Total OS is 273.3M
* Free float 21.95%, some reports says 18%
* There are some activities there recently....

** So what could be the reason why Oga T.Y. Danjuma didn't pay keen attention to his company till now?
** Why wasn't capital injected to keep it running profitably?
Why was Alhaji Dangote not considering buying the company over, since it's a competition? Lol.
These are the questions I was pondering upon, I then said let me post it here......

**Update: UNIONDICON is presently in financial crisis and needs bailout in form of fund injection thru investors to revive the company and avert risk of NGX delisting.

ositadima1:
Please, lets stop derailing before madam Ncy56 vex.

I'm I Seun? 🙄🙄🤔

mikeapollo:
No online post is compulsory for anyone to read or respond to.
Ignore any post that does not catch your fancy, as long as the post is neither abusive nor vulgar.

I don't think anyone here should arrogate to himself or herself the role of ''headmaster'' or ''headmistress'' on this forum!

If to say Dominique has been alive to her duties, you would have got a ban by now, possibly a ban till 2033.

Where there's no law, there's no sin......but Ñairaland has rules that guides postings and so also penalty for defaulters.

Person dey correct you, you dey talk about headmistress or headmaster......
Kwantinu nah.... you'll get the ban you so wished for.

You continued to behave in a lawless way and was still condemning another person for same..
What makes you different from the person you kept on expressing hatred for?
Pot calling the kettle black!

otokx:
Can someone please elaborate on possible dimensions.

Some months back, DANGCEM announced share buy back, when it was selling around 240 or 300 (cant remember offhand now except I recheck), it was being posted here that time.

The purpose of the share buyback was to buy and cancel the purchased quantities.
One of the advantages was to reduce the total Outstanding Shares of the company and to enhance more value for the share/shareholders.

Looks like a fulfilling part of the share buyback.
Not much immediate impact on the share price at this stage.