₦airaland Forum

"One thing is clear: the ability to make more Naira in Nigeria has never diminished for years because there are opportunities. The issue is making the Naira under a stable currency. That way, if you are importing funds into Nigeria, you can win as shares of companies accelerate.

For one thing: this shows how rigged the Nigerian economy is. For all the pains people are going through, the fortunate few like most of us here are still logging a 45% increase in the stock market, with 20% on average over the last 5 years.

.............
Analyzing further, Nigeria has about 25 real companies in the stock exchange, as the top 25 combine for most of the value. But one thing is constant: do not bet against Nigeria!"

@ndekekwe
COPIED!!!
GOODMORNING PEOPLE OF NSEMPA
Happy trading week...!!

Reasonable Consumer goods(especially stocks yet to catch the bull) are somewhat of a defensive stock in this era of unknown. Transcorp holdings should be down to 40% while you stash that loot in fixed income while waiting for pull-back or crash to launch some dangerous counter attack .

If it retreats you keep buying more . Some Spare change to follow dangote.

At this point investor moves...

megawealth01:
I love this

It gets better. This now looks like a "you must collect energy, DISCOs, we no go gree"


https://businessday.ng/energy/article/discos-to-now-buy-electricity-directly-from-producers/

megawealth01:
This is getting serious ooooooo... More monies getting into this market as THE BLACK... guys don show face with huge moneybags

They say they want $1trillion economy, so therefore, power sector must be efficient. MOFI has already taken over of FG stake in DISCOs. It is not business as usual. More Disco boards will be dissolved if they don't sit up.

Just for stats:

"Investors on the NGX made N11 trillion last year. Investors in 🇳🇬 stock market made N10 trillion this month"

COPIED

Mpeace:
GSK payment is mor than the 17.42 they quoted. There is the question of a major shareholder giving up his payment, and also a certain money to be distributed after the whole arrangement.

Interesting.

yMcy56:
Renewed interest in NASCON...

The kind fund wey dey enter TRANSCORP ehnn
N2.9bn so far....

PZ...some Cross Deals @39.20!

Shocked we're still not doing 5b

megawealth01:
When will they pay me Sir?

Was not stated Sir
https://nairametrics.com/2024/01/18/gsk-gets-sec-approval-for-scheme-of-arrangement-to-delist-from-ngx/

But why wait for them to pay when you could have just sold off at 17? Anything I'm missing?

GSK finally gets approval form SEC

Harvestock01:
The type of structural changes in the economy that will lead to parabolic changes in the NGX has not taken full hold.

One cannot have these kind of potential investors and still be stupid. One thing I know, bulaba operates an efficient private sector space. They are here, obviously to test their hypothesis.


Structural changes is happening and will happen.

BLACKROCK IS IN NIGERIA!!!!

Media is awashed with too many positive economic news and photo ops. More money incoming!!!

Uncle T we are still waiting on the outcome of the board meeting, but please can you still hold it and allow this your stock to grow organically!

Doing that will give you more money to scale other businesses o. Infact, just leave transcorp like this for the next two years, you and know that the numbers will speak for itself oh!



Talking about numbers:

Energy sold as at q3 results:
G ~13b
T ~ 63b

Selah! Drops 🎤

This is not time to quarrel. It is time to make money.
A season for all... just wait

4tunebest:
You dont know my story so you cant understand what I typed up there

I have passed my message across that's the most important thing. Deep calls only unto the Deep,. If you check through my moniker, you will see I hardly come on NL or make comments, I have a very busy schedule off Nairaland so I will be unable to respond to further comments on this. singing ****what the Lord has done for me, I can not tell it al***

Please tell me you hold government bonds?

megawealth01:
That statement on TOTAL is golden

Total has been on accumulation for a while after dropping from 380 and forming a ceiling, the chart setup is looking to climb and breakout is imminent.

Na big man stock, reason I no tie money there. When the money bags come the 10% will happen so graciously.

In all of this, is Unilever showing signs of candidacy?
HOD, Scavenger Analysis, please help us

yMcy56:
More from ACCESS

https://doclib.ngxgroup.com/Financial_NewsDocs/40111_ACCESS_HOLDINGS_PLC-APPROVAL_IN_PRINCIPLE_TO_ESTABLISH_A_CONSUMER_LENDING_SUBSIDIARY_CORPORATE_ACTIONS_JANUARY_2024.pdf

At this rate, they might be in all 54 countries of Africa o

yMcy56:
Hhmmm.........
So much insult on me on this stock both from here and even off-here, even cost me something important.

Closed on full bid @19

https://doclib.ngxgroup.com/Financial_NewsDocs/Eterna_Plc_-_Announcement_on_Dangote_Refinery.pdf

That serious? Kpele... I was really wondering why they didn't make the initial list of Dangote's partners. I began to also wonder why they acquired an import license also. Only them.

Can Access stop buying more banks!!! Increase this dividend ooo 🤣🤣
https://doclib.ngxgroup.com/Financial_NewsDocs/Access_Holdings_-_Acquisition-of-FTB-Uganda.pdf

Hustle1:
What is your take on UACN?
Is the turnaround completed with the improved results of 2023 Q3 and is the upward trend going to continue QonQ from now?
I noticed the effects of the new management in the results just before covid and the investments. Fingers crossed!

I really don't follow up on this company, but from my technical analysis, the company seems to have been of interest to investors looking at the steady rise in the RSI from 2020. Going by their about 50% free float and the improved result you stated, I'd say its a hold at current levels.

*OK so I noticed dividend was slashed by ½ last year. I think the same rate might be proposed. Its your call, trader or investor?

yMcy56:
PZ @35+
Cadbury @31.90
UNILEVER @19.05......how far nah, you self publish one good news wey go catapult you nah. Lol.

Actually, UNILEVER is sitting on one huge cash, N73.8bn, which I don't know how it will translate.....maybe that's the kind of funds @currentprice will call oxygen, I don't know......we needed expert's understanding of this.

For UNILEVER a lot of factors to consider:
1. Dropping some product line from the shelf(reduced revenue)
2. Current portfolio of products needs to do commensurate numbers(negative head winds due to fx and subsidy policies)
3. Macroeconomic factors doesn't favour as at now.
4. Expected minimum wage increase by q2

With all these: on the technical end, they just broke out on the monthly chat due to present bull. Do we wait for results or join in on the sentiment? Will this be sustained? Fundamentals don't agree for now.

My 1 cent

femu:
Majority shareholder is Baba Ijebu, followed by SW8 and DA

More reason to believe a financial coup with the FG is possible so we can all "..lokàn"
🤣🤣

emmanuelewumi:
Odua Investment is a major shareholder in Wema. Odua Investment is owned by Ogun State, Oyo State, Osun State, Oyo State, Ondo state and Ekiti State governments.

In fact Lagos State government is trying to join Odua Investment

Hmm. "Wema acquiring some banks" RUMOUR flying in some spaces. Seeing how politically exposed this bank is, makes me wonder🤔

Not to be inferred as ANY FORM OF ADVICE

Hogwarthtrades:
The purchasing consortium, named Renaissance, comprises ND Western, Aradel Energy, First E&P, Waltersmith, and Petrolin.
aradel energy is a subsidiary of aradel holding on NASD. further details in coming weeks of the 5 way split of 30% of spdc should give an idea if Aradel daily oil exploration surpasses seplat or not after completion of this deal.

@Zagee Aradel trades on NASD. relatively liquid compared to its peers. moved from 450 to 1230 in the last 9 months

Wow

megawealth01:
Shell To Sell Nigeria Onshore Oil Business For $1.3 Billion

https://www.bloomberg.com/news/articles/2024-01-16/shell-to-sell-nigeria-onshore-oil-business-for-1-3-billion

They should mention the buyer... The buyer is one of the market movers and shakers... If you know you know

No one on the xchange oh
https://finance.yahoo.com/news/shell-sell-nigeria-onshore-oil-092155709.html

It just feels like that $b UBA released on behalf of Afrexim just they enter this market today. What manner of prices are these🤣

The last of shell onshore assets has finally been disbursed for $2.4b.
Sadly, our guy no buy am!

seyisanya:
There is an African proverb that goes: What an old man can see sitting down, the youth cannot see standing up. If you were in the market around 2006/2007, then you'll better understand your oga's point of view. Remember that in a bull market, everything goes green. You need to remain cautious and never let your guard down. Humility is a virtue!

I always counter this particular statement as a member of a rebellious generation with "AI go run am"

Ah! Not my Debbie

Dang going once, going twice.. gone to the highest bidder...

megawealth01:
Na dem go tire as anyone that is using them as main number has linked their sim cards since...

I think you just have to double check to be sure its linked. I checked sometime last week after a reminder text came in only to be told that it was not linked. I was very shocked!

yMcy56:
Insurance.......as e dey hot....

Univ insure even have Hotel self....

Which one did ACCESS acquire?

Off the exchange though, Megatech Insurance

Be like say na Insurance dey hot oh. Access Bank acquired one. Could this be there era