₦airaland Forum

emmanuelewumi:
They are learning the hard way.


I just pity the guy who sold his land to buy dollar at N1700

What!!!

Speculators how market? . Credit to oga Cardoso for being PROFESSIONAL(hope he stays so)! It's left for Bulaba to keep his own end intact.

emmanuelewumi:
Comparing the data from South Africa to justify that our market is undervalued is not valid.

Very accurate. We just don't have the traction.

So whatever 🐳 you're ripping off NGX, do so quietly and drink garri like Agba!!

SonofElElyonRet:
Dangote fertilizer will also be listed (as reported)

Great addition, cuz the one we have we're not sure whats happening there.

emmanuelewumi:
How?


How many businesses are quoted on NGX.


Do you have the historical data of the relationship between the Nigerian stock market capitalization and our GDP.

Because 80% is undervalued in the US stock market compared to their GDP, does not mean 50% is not overvalued in the Nigerian stock market compared to our GDP.


Maybe you wanted to say businesses in the Nigerian economy needed to be quoted on NGX

And where will that take us🤣

thebargainhunte:
This has been my stand that our market is still undervalued even at this current rate. We should be talking about 100 billion(usd/naira) capitalisation by now.

New listings are what is required to have this. We need more lively coys on the bourse. NNPCL and Dangote Refinery adds about 5-10trillion to it. We just have to create the enabling environment for such traction. E.g includes but not limited to not having Stupid people anywhere at the seat of governance.
Without sounding political, this was why OBI had a visit to the LSE during his tour. I think bulaba had some run-ins with other exchange I think.

Adinije:
I wonder what is wrong in buying Dangsugar at 47 and selling at 60 for quick gain. Or buying MTN at 190 and selling at 240

Flipping buggers is your full-time job I see.

aremso:
Just having feelings

FOXO Technologies will have a massive run up


Not investment advice

Your DD

The channel is closing-in for a breakout again. I think I'm beginning to understand how you make your picks . Not yet 100% sure, but getting close to 50

Hogwarthtrades:
Two things deducted from reading this:

1. possibly a 2 man show, Aig and MR Wigwe (RIP) with no real sucession plan or trust of subordinates.
2. Hopefully this serves as a wake up call to companies to inculcate the ability to groom trust worthy subordinates (easier said than done!!) for times like this.
Access holding will come out greater though!!!

These things can be subjective. As such, I would say haven already appointed an acting group head(with over 2 decades in-house experience) ,bringing him on-board is just like a 2FA system - secure proof.

Streetinvestor2:
What movement are you expecting. A stock we saw move from #300 to #3000.

I wonder. austinkenneth see your reply ooo

austinkenneth:
I'm stuck in SEPLAT. What's going here. No movement. Anyone with new of the MPNU acquisition?

Big man like you? 😏

aremso:
I love such stock like BBAI but you must know how to play it, that is why you don't need to chase any stock once u missed good entry level then wait or look for another stock. Never chase price. Knowing support and resistance level is very important. HOLO moved from $2- $4 from 4-50$ from $50 to $72 just early or mid Feb but currently around $7 so one must develop strategy in this market if not one will be crushed.

That was a massive run from HOLO. Wow!! Adding tobmy watch list.

Mpeace:
If one is not careful, he/she will end up buying high.

High can be relative. You can also buy it high at circa 500 oo

mygee2:
BBAI is a winner today but like you said it is going to be wavy but the question is when

I hope you didn't get caught under bus?

Objectivist04:
Unfortunately I don't have them again, most of then are with the dead house.
But I think the reason for dematerialization is because I don't have any certificate

Dematerialization usually reveals all units plus bonuses held on a company. If that's all there is them that's that. Just one certificate is enough to track all possible outstanding. That was the case for a man I helped out with his zenith shares. Just one certificate and all other plus bonuses were revealed on the form.

thebargainhunte:
Over sold,how?

TA terminology

https://nairametrics.com/2024/03/07/tony-elumelu-calls-for-privatization-of-electricity-transmission-lines-to-boost-economic-growth/


At this point, we can just call him Minister for Power?🤷‍♂️

https://nairametrics.com/2024/03/06/heirs-energies-supplies-gas-to188mw-geometric-power-plant/

I saw this and I was surprised they have been in production. When will it start reflecting on the balance sheet of Transcorp Energy/ oil ?

.

Princkez:
TRANSCORPOWER shareholding structure

Apparently AMCON owns 2% of the share indirectly through one of those guys there. And we know these ones like to sell-out. I wonder what their price offering will be

yMcy56:
TRANSPOWER
TRANSPOWER is here!
Up with +10%

Just like that

dapix:
TRANSPOWER now listed

But it was there since the start of trade today..

Mpeace:
So trans Afam is not even part of Transcorp Power Plc. And AbujaDisco might also not be part of it. Well lets watch and see how things go.

Looking forward to the uncertainties being addressed by end of day

Zagee:
Weekly still holding strong on BBA.I , approaching January high of 5.

Make or break week. A definitely good stock on the long term based on the sector and services they offer(and who they offer to).
If you have holding power go on. If you don't, be my guess.

Disclaimer: IT IS GOING TO BE WAVY!!

Punctuality prefect is here

https://doclib.ngxgroup.com/Financial_NewsDocs/40439_TRANSNATIONAL_CORPORATION_PLC-LISTING_BY_INTRODUCTION_OF_TRANSCORP_POWER_PLC_CORPORATE_ACTIONS_MARCH_2024.pdf

If he's not going there to literally press his neck small, it's just a waste of tax payers money.

Low budget Berkshire..

Locotrader:
If he wanted to be fair, he should have reconstruct the outstanding shares and reduce to 10billion units and relist the stock at #60 then the stock will find it's way to #500 level to the benefit of him and his shareholders.

CASE DEY COME OOOO.

It's safe to say that, this would also be the outcome when the agric arm of Transcorp starts printing too..

Uncle Tee!!! Is this how Berkshire built his portfolio size? Honestly, I was hoping Transcorp will morph into something like that, but has instead continue to run Transcorp as a creche and nursery department.

Or is it the Omaha way?

OMO bills came in hot.

Prepare for T-bills

Indeed a man is only as good as the information he has.

They did not give us gist of the BM, instead they resolve to giving us headlines!

Transcorp Plc will still have a %share on the Power arm that I believe for sure. This is why I don't pity any stock. Once I run up, I secure and let the 20% continue with the "uncertainty" phase.

Zagee:
Right timing here. Relatively had the best weekly chart among others. First breakout on the weekly, already 20 up. Gauge the sentiments people.

I also notice earnings coming up on the 7th. Good timing, especially with a projection of an above estimate.

Weekly still holding strong on BBA.I , approaching January high of 5.

BHG:
https://www.premiumtimesng.com/business/business-news/673361-nigeria-govt-slams-10-billion-fine-on-binance.html

Good amount, this will support the naira to 900 or so if gotten. But they should allow me monitor my coins plix or I change country for them