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Zagee's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:56am On Nov 03, 2023
Our dollar speculators, its time to reasses your position atleast from now till January. 750 looking feasible.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee:
**Banking stocks on the sell side this morning. We await update.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:07am On Nov 02, 2023
Osmosis and diffusion, an important phenomenon in market research.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 3:24pm On Oct 20, 2023
Geregu positives gives me a Transcorp positive. Although, I still hold some thought to a possible divestment of the power arm of Transcorp. In all, have remarkably sufficient holdings as permissible.

Market was calm today. Surprised numbers on Seplat of late- improved production?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 8:50pm On Oct 14, 2023
unite4real:
It's not bonus shares but rights issue.
Check the details
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 6:20pm On Oct 14, 2023
VFD Group already issuing bonus.
https://nairametrics.com/2023/10/14/vfd-group-seeks-approval-and-listing-63-34-million-ordinary-shares/

One should keep an eye on NIDF.
Investors
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 5:52pm On Oct 11, 2023
Phlinx:
Really? When was the buyout offer announced? What date?

What was the closing price the day before the announcement?
Check 28th March 2023 closing price.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 1:40pm On Oct 11, 2023
Tpharell:
It appears there is a conflict between the court order and the NGX ruled
Good to see you have displayed the Scheme of Arrangement.

#AllEyesOnTheJudiciary? No?
cheesy
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:41pm On Oct 11, 2023
Tpharell:
Where is your source vacanci?
Going by this, will it over-ride the scheme of arrangement documentation that backs the 7.07 pricing and SEC being aware of it?

Be like say we go reach supreme Court oo
grin grin grin

https://www.thecable.ng/oando-to-become-private-firm-as-core-investor-offers-buyout-of-minority-shareholders

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:01am On Oct 11, 2023
mikeapollo:
[b]NGX RULES ON DE-LISTING OF SHARES, AND HOW IT AFFECTS OANDO[/b]

3. the company (Oando) would apply to the court for necessary legal requirements for delisting its shares
4. the company would organize a Court-ordered Meeting of shareholders (AGM/EGM) to approve or reject the Scheme,
Stuck on 3. The decider is 4.
Looking at how oando has gone from downstream to upstream sector(vis-a-vis an ENERGY COMPANY), I personally don't think it makes sense going forward with any buyout option for these shareholders(if they're indeed genuine with all that has been said about "Walenomics" ) grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 7:38pm On Oct 09, 2023
Now that NNPCL is back to being sole importer, what happens to Eterna and their licence? Subsidy frenzy over. E don dey clear..
Foreign Affairs › Re: The Iron Dome: Israel’s High-Tech Eye In The Sky by Zagee: 8:58am On Oct 09, 2023
To think that the Israeli's military budget for last year is 23b USD- that's like 2x Nigeria's national budget. Large population, zero productivity! Na wa oh!

The bible says "children are like arrows in the hands of a mighty man". Indeed Nigeria is fathered by fools.
Politics › Re: Kogi 2023: Don’t Follow Strangers, Hold On To Tested, Trusted Leaders - Tinubu by Zagee: 8:55am On Oct 09, 2023
This caption made me laugh hard. I'd rather bet everything on that stranger grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 8:37am On Oct 09, 2023
crownprince2017:
Good morning everyone, can someone remind us the implications of hitting buy button today for oando?

Investors risk appetite is about to be put to test whether you are hitting the sell or buy button, fingers crossed.[color=#000099][/color]
There's this constant of proportionality that states and I quote; "The more you #@%# around, the more you find out. If you don't #@%# around, you'll never find out." grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:09am On Oct 04, 2023
BullBearMkt:
...it has to fight the bears at 12 & 16 first, then we'll know what's up!
grin grin grin grin grin
The Greasley bear is the 16.50. You break that wall its all the way to 65 going by TA. But if indeed the leopard still refuse to change spot, 7.07 is the surest reality grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 6:32pm On Oct 03, 2023
Coolcash1:
Unfortunately, most of them don’t and even if they do and the numbers are in complete variance with the seller’s claim they still pay high for it out of desperation.
I would find this hard to believe. It just goes against every fibre of petroleum economics in me. All these wells being bought, especially onshore wells still have an avg of 10years before exhausting its natural lift ability. Perhaps, the companies in question don't have the purse(and other -ve parameters against the oil sector) to drive operations just like Oando who is currently seeking in excess of 700b in investment.
O&G investment especially in Africa are also plagued by the international communities/lenders and their stance against fossil fuels.
This is to buttress the point that nobody overpaid for any reserve.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 5:42pm On Oct 03, 2023
Coolcash1:
On the issue of reserves, most of the buyers relied on the seller's in-house reserve estimate and not CPR which by the time they later carried out independent audit of the reserve post-acquisition, it was a different story.
Who buys a reserve without due diligence? That's just business 101 if you ask me.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee:
This would have been a good time for Transcorp O&G to come onstream. I wonder what's holding them? Leaving only Transcorp power to do the heavy lifting.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 8:31pm On Sep 28, 2023
PETERiCHY:
It will saturate @t circa #5.

BARGAIN HUNTERS TAKE NOTE!
Lol. Please allow me. No be me and you dey meet anywhere cheesy. I will hold the little I have. I heard of one stock paying delisting fee in 2 years time shocked. Too much 'IFs' for one particular stock.

#AllEyesOnTheJudiciary
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 2:18pm On Sep 28, 2023
Saturated
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 8:06am On Sep 28, 2023
sky2891:
Delisting or not delisting, if delisting then at what price, 7.07 or less higher. This is the major issue and risk factor sorrounding OANDO at the moment.
Investment › Re: Us Stocks Pick Alert by Zagee: 7:59am On Sep 28, 2023
Hamachi:
It will always lead to unhappiness. Comparison is the thief of happiness. Find what works for you. Stay patient. Start small. And stay consistent!
I'm a little bit startled by your comment. I hope I did not offend you in anyway?? huh
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee:
Harvestock01:
You must have been a very fast learner to have learnt how to navigate between Geregu, Transcorp and Dansugar, all within 3 years of being in the market. I want to be like you when I grow up.
Some of us have the gift to quickly assimilate things and processes. But sometimes, it can also be a curse.
I wear the shoe. grin
Investment › Re: Us Stocks Pick Alert by Zagee: 12:54pm On Sep 26, 2023
aremso:
Yea that was why I still regrets I never knew about US stocks then, health sector most especially created a lot of millionaires in dollars during that time that was why I said before that is a market where u can invest just $500 and it turns $5000. GOTU got to $100 then. It is well, I pray for such great opportunity of generational wealth transfer again!
That sector was running on mad fuel.
Sadly, these events are not everyday events.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:40pm On Sep 26, 2023
Deadlytruth:
But the challenge is to be able to know ahead the exact order and time in which the stocks will rally, i.e to know which exactly will come after which. If I were blessed with such clairvoyance it will take me only three years on NSE to become a billionaire.
As TOE will say, "every business person needs that piece of luck".

We were all here when Geregu was listed for 100 and even after the AFDB deal that gave a purchase value of 204/240(can't remember) the stock was down hovering around 105/7 for a while, then the talk of dividend pushed it all the way to circa 300.

Was it the Tinubu visit to Tony? After securing a way into the energy sector with the past administration.

Or was it OGG/Loco who gave us those prospects into several coys including Dangsugar until customstreet drove the nail in.

I could remember Mcy telling me how did I miss out on Nacho even after it was served on a platter. At that point(can't recall the month) I think I had bought into Transcorp based on technicals.

Let's just say I was lucky with the timing and overall the markets where on a recovery to pre-buhari era looking at the banking sector and the frenzy of subsidy removal
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:05pm On Sep 26, 2023
I've been on the receiving end of PETERichy. Neimeth 2020, my entrant year to the NSE with no skill. Its something I can never forget.
😂😂
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee:
vacanci:
The analysis is always sweet to mention after the party.

He should give a tripartite of stocks to traverse now lets see how far
Sorry, the present events and circumstances would only make those risks wild.

"Buy the rumour, sell the news"

** My choice of stocks where not concluded by myself alone as some members of this thread only strengthened my resolve with their opinions
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:25am On Sep 26, 2023
Hedgefunds:
Why didn't you try it.
Oh, I did, but with 50% of capital
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:21am On Sep 26, 2023
One interesting fact this year: if you had simultaneously flipped from Geregu to Transcorp to DangSugar beginning with a capital of 1m, you would be nowhere less than 15m in your trading account today.
Investment › Re: Us Stocks Pick Alert by Zagee:
henrimoto:
.. do you mind to share about the 2020 nostalgia , wetin happen that year with stock ?
In 2020 it was all doom and gloom on the real economy due to the ensuing event, but it was possible to convert a $100 to $10000 on the NYSE.

A 2$ stock goes up to 60$ and back to earth.
It was a wild wave, Moderna, Novavex, OCGN, AMC, Zoom, Palantir. A list of the few I rode on and numerous others that made commensurate banking notes. Wow!

Today, I have good units of shares in OXY, but at an average of 9.4$ with quarterly dividend. Life is mystery!
Investment › Re: Us Stocks Pick Alert by Zagee: 3:38pm On Sep 25, 2023
aremso:
OCGN has formed a double bottom, can take off anytime. Wished to buy more if it come down again.


Your DD.
Seeing OCGN back on the radar gives me a 2020 nostalgia. Mehn, good old days.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:07pm On Sep 22, 2023
vacanci:
lol. guys that picked it at N16 few days ago dey use corner corner eyes look at you right now.

Abeg no break people heart with this N8 plan
Whoever picked at 16, its safe to say that they're aware of the surrounding risk associated with Oando and had made plans to average down to the least possible loss position.

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