₦airaland Forum

Nigeria’s inflation rate rises to 34.6% in November 2024, highest in 28 years

https://nairametrics.com/2024/12/16/nigerias-inflation-rate-rises-to-34-6-in-november-2024-highest-in-28-years/


All these 5% dividend yield stocks nawaaaa.

mikeapollo:
Not just bad; it is very unethical, unprofessional, insensitive, and stupid (pardon my English).
That is why they made sure the AGM was held before the nonsense party in order to avoid criticisms at the AGM. But they must be called out at the next AGM

Nigeria and Oando are run the same way.


Overfed Father Of Starving Children By Farooq A. Kperogi https://www.farooqkperogi.com/2024/08/tinubu-overfed-father-of-starving.html comes to mind.

Na the same people.

Wizkid, Davido & Burna Boy turn heads as they perform at OANDO end of the year party in Lagos

https://www.intelregion.com/entertainment/wizkid-davido-burna-boy-turn-heads-as-they-perform-at-oando-end-of-the-year-party-video/

currentprice:
meanwhile those missed Aradel because of those saying it will fall to around N250 should not feel bad. plenty opportunities go come and this will be a lession. Do your DD to the stock you eyeing and look less of what pple saying.

i miss seplat too at 150 because of this

DCA is the way.

designking:
I swear... Wale run AGM, investors hit am with massive selloff.

Many felt investors didn't interprete the messages from the AGM properly but the truth is that investors are indifferent about this Oando. They are not just interested at the moment.

Even with the great ENI AGIP assets they acquired, they can't still raise the company from it ashes. The management team at Oando are politicians.

Aradel share price was seriously hit after listing on the NGX but they never ran to the media to weep up sentiment to sure up their share price. They maintained their cool and focused on growing their brand and today, they are back on winning ways.

"Behind every stock is a company. Find out what it's doing." ~ Peter Lynch.

Oando management should go do 2 years internship at Aradel.

You're the CEO of your portfolio.

chunkuli:
So which one do you think they were referring to? My guess is Chams Plc.

eTranzact


NFA

I don't have it in my portfolio.

ojeysky:
I don't know why they are calculating this stuff to mislead the populace by creating unnecessary confusion. They should quote in USD and let's see if it will still be 300% increase. Exchange rate that has risen by almost 300%

It's now everywhere from custom to the least of them. Pushing out big figures caused by naira devaluation when in reality volume or USD value keeps declining or constant.

Is PRESCO not overbought at 450?

Which stock could this be?


Omatek Ventures Plc
CWG Plc
NCR Plc
Chams Holding Company Plc
eTranzact International Plc

Redoil:
but they have been issuing commercial papers all most every year or twice a year

There's light at the end of the tunnel.

NCC will review their pricing framework next week.

Once they increase their prices, they will be profitable.

MTN if you ask me

emmaodet:
It is because this is December.
Many abroadians are gradually coming home with dollars.
Naira always strengthen against dollars historically from November to early January then naira slide continues again.
Dollars is flooding the economy now

BREAKING: Naira appreciates to N1,640 from N1,730 as supply outstrips demand on CBN EFEMS https://nairametrics.com/2024/12/04/breaking-naira-appreciates-to-n1640-from-n1730-as-supply-outstrips-demand-on-cbn-efems/

Ellah Lakes AGM be like town hall meeting of 1982


Audio is better now though.


They would have made it video instead of audio.



Questions are coming, they have to explain the money they used in flexing

megawealth01:
And that will be interesting? 🤔

It's going to be Get rich or rekt scheme.

temi4fash:
Thank you very much for this.

I have been able to fund my account but i can't find how to buy shares there.

Can you please point me in the direction?

Login to you itrade and click on Market View under MARKET.

If they remove that 10% rule, the stock market will be like meme coins trading in Crypto

Pump and dump will be the oder of the day.

bastardson:
Was using their WEMA, but switched to Zenith recently.

Seems they acknowledge Zenith slower

Zenith Bank network is nothing to write home about.

The worst bank award goes to them.

temi4fash:
Hello Sirs/Ma,

I would like to know your review of Morgan capital to buy and sell shares safely.

Thank you for all you do

Am are just about entering the NSEMPA Boat.

They're good and offers one of the best fees.

When funding your account, use Wema bank. Avoid Zenith bank like a plague, E GET WHY.

[quote author=Panadee post=133095857][/quote]I don't know why they took it down. Other media houses have the news including nairametrics


https://nairametrics.com/2024/11/29/ncc-to-introduce-new-tariff-structure-for-telecom-operators-on-december-13/

ghm:
I am really worried about having MTN as a long term investment, the way they are issueing commercial papers after IPO/PO is alarming. It means they will meed to fulful all those obligations in the future and may not have funds for growth except by issueing more papers and this will definitely limit the ROI via dividend or appreciation. What do you think?

NCC To Announce New Tariff Plans for Telecommunications Industry On December 13 https://nairametrics.com/2024/11/29/ncc-to-introduce-new-tariff-structure-for-telecom-operators-on-december-13/

Zagee:
W/o sounding judgmental, it is usually used to store or move "dark m*oney". T£chnology has its pros and cons.

Watch this old video
https://www.youtube.com/watch?v=43Ucj6_Erb0?si=M-T0x5pUBLvu9pQv

bastardson:
Thanks a lot .. Is Dangote still a good buy, looks stagnant for a while.

If you are to distribute 2.5m amongst them.. What would you suggest. I am sorry for my plenty questions

You don't jump into a moving train, you enter when it's parked.


Choose 5 from the list and put 500k on each. Maybe 1 from each sector.


NFA

bastardson:
DM was for advice on which stocks to invest long term as I hardly have time to monitor when to sell.

I have no business proposition or any bad intentions for messaging.

I only wanna know which stocks I can buy and forget about for the next 2 years

This may help.

NFA

KarlTom:
Is this possible?

There is a free float requirement for listed companies which is think is well above 3%

The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.2% of it. He also owns 95% of publicly traded food conglomerate BUA Foods.

https://www.forbes.com/profile/abdulsamad-rabiu/

bastardson:
Abeg me self wan make 500m.

Can everyone quote this with their top 5 for the next 1 year.

It might help some of us know which to also go for.

I go first.

1. Aradel
2. Access
3. GTB
4. Transcorp
5. Japaul.

Thinking of replacing Japaul with Unilever


Don’t Air me guyz, I know say una be big boys. Let others join your league

Japual - MTN

Agbalowomeri:
Bubble must always bust

By that time, Bitcoin will sell for 1k doris

Impossible Chief. The jungle don mature.

mikeapollo:
NNPC actually acquired (bought over) Oando retail outlets, that is why you see NNPC in all the filling stations that used to be Oando. Hence, NNPC now has the largest number of retail filling stations in Nigeria.

Check this out https://saharareporters.com/2024/08/21/nigerian-state-owned-oil-company-nnpc-retail-surrenders-control-ovh-energy-operator

megawealth01:
I will gladly buy NNPC at a bargain shares without looking back

I heard they lost their retail to OVH Energy. Also, they no longer enjoy fuel monopoly, do you still think it will still worth it after all these?


https://saharareporters.com/2024/08/21/nigerian-state-owned-oil-company-nnpc-retail-surrenders-control-ovh-energy-operator

earthrealm:
Amaron quanta is a unique battery, but many dont care to understand it, and hence they damage it.
It requires bulk of 13.7volts and float of 13.5volt....this is clearly written on the body....unlike normal sealed batts that require 14.5volts bulk.

The dumb luminous inverter you are using doesnt hv editable charge voltage settings and outputs about 14.3volts......
Hope u see where am going

Hello Chief,

Does this mean that I have to set my inverter C.V. charging voltage using 4 pcs of 200ah battery to 54v (13.50 * 4)?

The floating charging voltage is currently at 54v while C.V. charging voltage at 56.4v

mctfopt:
Yes.

Thank you.