₦airaland Forum

onegentleguy:
The company appears to have turned the corner... after transitioning from a loss position of over N141B in 2020 to a positive NPM in Q4, 2021.

They said majority of that loss came from settling stakeholders. As for their downstream activities, I wonder what they're into though as they have mostly sold out their positions on retail outlets through OVH to NNPC. It'll be nice to have more info on their downstream assests.

Access bank had network issues yesterday, I'd advice you check your app for any inflow. Cuz I had a transaction, didn't get any alert until I logged in.

yMcy56:
TRANSCORP
@Locodemy where are you?

You seem am too

YoungBuffet:
I sold my 100k units then about 7yrs ago when the price was still high, their constant coming out for right issue was a red flag for me and thank God I took the decision. My colleague later bought behind me at 10 naira then and JAT showed him shege I think he sold for 5naira. I will rather buy NPFmfb wt all my money than oando

Timely move. Can lightning strike twice?

Oando dropping gist back to back .
Awaiting 2022 hopefully soon.

Impressive run on the downstream sector.

I like what they are all saying. They say "the taste is always in the pudding" . We can only wait to find out

O and O can you just land already?

debostar:
Does anyone know when Zenith banks and GTB will be paying their dividends?By the is time last year ,they have paid.

GTco shift the goal post for the publishing of AFS until after the 31st.

Zenith looks like they'll maintain the publication on or before 31st.

Waiting game..

Strictly gambling on FRC with few units based on technicals and gut feelings.

Why are Chinese stocks up though? The parley btw China and the Saudis

Interesting what can come off from Transcorp with the new bill on power!

It's going to be a long week for Bitcoin stocks...

YoungBuffet:
all the 3 major candidates agreed to remove fuel subsidy, PH refinery will be working soon and if dangote refinery comes on board i believe there will be less pressure on fx demand and gradually things will take shape. There will likely be increase in social spending in all ramifications and i expect the health sector, construction sector, the transportation sector, the agricultural sector, the fintech and power sector to benefits greatly from this. We would have around 4trilion naira that would be on social spending. Though at first it may be hard but as time goes on thing will get shape. Am of the opinion that the subsidy should be removed but all our refinery should be working to complement that of Dangote

I don't hold any grudge as to the removal of subsidy. It's just this anyhow approach to governance when it comes to Nigeria.

toyeoye:
Fuel subsidy will be removed before May 29? Any thoughts on how the market might react please?

https://www.nairaland.com/7615438/fg-abolish-petrol-subsidy-before

Apparently, there are plans to move NNPC listing on the NSE to next year. Obviously sharp increase in prices of goods and services except there's a mass transit plan to assuage the pains. Trains are not well connected to assist in commodity transportation. A government that has chosen to put the cart before the horse. Any how government. Stocks operating in the downstream sector and transport companies without much thinking.

Vat to 10%. That's wickedness if they're not going to increase minimum wage and divulge economic power to states.

Emerging economies are gold mines.

NSE is just behaving like a jilted lover. Too many unnecessary "emotional outburst".

Blacksmiths

DeRuggedProf:
Year 2008 crisis showing year 2023 around...

Rookie looks

Wahala no dey finish oh...
https://ca.news.yahoo.com/credit-suisse-shares-drop-fresh-093204097.html

zrocky:
ADVISE FOR TODAY


AVOID WROCLAW TRC TAKES FOREVER TO GET

TRY TO LEARN POLISH BEFORE YOU COME

LEARN AN EU LANGUAGE TO B1 LEVEL
THE TWO POINT ABOVE THIS WILL GIVE YOU MORE OPPORTUNITIES

BIG CITIES LONGER CHANCES OF GETTING TRC WITH LOT OF OPPORTUNITIES, SMALL CITIES BETTER CHANCES OF TRC BUT FEW OPPORTUNITIES

IF YOU WANT TO ACT MOVIES OR BE A MODEL WARSAW AND KRAKOW IS THE REAL DEAL.

Krakow looks like a possible ground. Found some university of Economics pg study I'll like to pursue, considering trc and multimedia-hustle.

zrocky:
If its the best technology university, go to Wrocław University of Science and Technology (Politechnika Wrocławska) that school na for only serious minded people where sabi book. after them look for only public universities.

well wroclaw is 3hours to germany lot of opportunities, but you have to wait a year to get trc card, maybe your case will be different.

nice you have german knowledge wok on it job dey but try learn polish

Thanks. It would have been knowledge of polnisch, but Germany was on my mind.

yok:
THIS GLOBAL STOCK MARKET IS IT
Beign close to the market is good. Fortunately, I don't buy risky stocks again. I am eyeing some banks stocks, FRC did some margic today. I could have bought TFC, but I decide to port to SOXL

Sprouti is good. No commission is big deal, can you imagine, I sold the BTG I bought yesterday (at breakeven due to no commission) and this for part of the money that went to SOXL

I'm having itchy fingers for FRC. Still searching for clearance..

Chart on the left shows that the banking sector looked good. Interest spurred on towards the last 2hours of the day. We can temporarily say we are safe. Perhaps, there might be no use for the cutlass people have sharpened... yet.

OakPearl:
If you have funds to invest long term in the US market, this is the time to invest in the best companies with sound fundamentals /health.

I have found a gem of a company for long term.
$ZIM $20.83 and it’s on Trove, meaning it’s likely available on Bamboo and Chaka.


The following are the fundamentals behind this stock:

Book value/share $46

Cash value per share $32

Special dividend to be paid next week $6.40

Adjusted EBIDTA guidance/share $1.7

30-50% annual dividend policy

Cyclical bottom as FED interest rate has peaked

Inventory overflow now depleted and freight rates should stabilize and go higher

Long investment, short squeeze or 2 weeks swing trade opportunity. Either way, the set up is great.

Shorts were expecting the company to burn cash next year but instead, company guidance given for positive EBITDA and EBIT , catching short traders off guard!

It’s a shipping company called Zim Integrated Shipping Company Ltd.

Damn!! All in!!! OakPearl you and your pick!!

*modified*
This is one tricky stock

CryptoNews22:
Fear of downtime and huge lose sometimes scare me off investing on stock market...








https:///KcBa6qCyAHDGn6fWjMtCvF

Fear solves nothing. You just have to go in with a strategy and shoot your shot

RabbiDoracle:
Watch Swiss bonds.

There was massive rush into the bonds yesterday that collapsed the 2-year yield by 40% in just 1 day.

Now the 2 year bond yield is collapsing again by 25% just some minutes into trading.

I think there are stresses in the global banking space and the epicentre may be in Switzerland.

And secondly, why did SEC tell Credit Suisse to delay the release of their annual results via a phone call last week. What did they see? What is the scale of CS loss?

And $CS CEO, as at this morning, is even rejecting the board's bonus for the year end 2022 and taking a pay cut. Kilode?

Nkan be!!!

Woke up to feed on twitter about Swiss distress. I was like "Mogbe!!" The epic centre of financing!!

YoungBuffet:
Yes but I don't think it will last longer as all the regulatory authorities all over the world are on their toes now to do per minute or daily check on their financial institutions especially the western world. More stress test being conducted. Time to think outside the banking stocks for me.

There are a lot of blacksmiths in here smiling to your response.

I want to be like PeetObi. I want to be a trader not an investor

zrocky:
ADVISE FOR TODAY

IN POLAND PUBLIC UNIVERSITIES ARE FAR BETTER THAT PRIVATE (EXCEPT BRITISH UNIVERSITIES WITH CAMPUS HERE)
AS MUCH AS POSSIBLE TRY TO GET A PUBLIC SCHOOL.

AVOID WROCLAW TRC TAKES FOREVER TO GET

TRY TO LEARN POLISH BEFORE YOU COME

LEARN AN EU LANGUAGE TO B1 LEVEL
THE TWO POINT ABOVE THIS WILL GIVE YOU MORE OPPORTUNITIES

BIG CITIES LONGER CHANCES OF GETTING TRC WITH LOT OF OPPORTUNITIES, SMALL CITIES BETTER CHANCES OF TRC BUT FEW OPPORTUNITIES

IF YOU WANT TO ACT MOVIES OR BE A MODEL WARSAW AND KRAKOW IS THE REAL DEAL.

POLISH PEOPLE ARE NOT FRIENDLY, 2YRS HERE GOING TO 3YRS NO SINGLE POLISH FRIEND BUT I HAVE FRIEND FROM UKRAINE, TURKEY, GERMANY ANYWHERE YOU CAN THINK OF, BUT NONE FROM POLAND

THE LADIES CAN BE YOUR FRIEND BUT ITS DIFFICULT TO BEFRIEND A POLISH GUY, NA LUCK IF HE ASK YOU OUT (LADIES)

CUSTOMER SERVICE DOES NOT EXIST HERE. FOR YOUR MONEY THEM NO GO SEND YOU

Obviously I can't work the germany route again so I'll have to accept my budget with poland in mind.

Quick question: What schools can I look out for?

(Factors)

I speak basic german(still learning)
A guy has to hustle(I got skills in multimedia+data analyst)

What are your takes to border towns close to Germany??

Time to pack-up..
Your response will be appreciated.

I don't stress myself with making picks . Whenever "formal economy" is going bananas, gold and crypto related stocks are your best bet for quick runs.

MARA(my preferred fallback) pulled a 28% high as of yesterday. Looking if it can pull great numbers today again before I bring out the sickle.

Zagee:
Nigerian Market no dey ever follow.. lol..

China had all index up at the end of the day.

Europe is currently down on every index(wahala...)

America na timezone dey save them like this. But Pressure ti wa!!!!

Crypto enjoying some bounce..

Asian Market joined the gbese last night.

Hmm...... Looks like everybody go collect oh

yMcy56:
ZENITH
Is this HOLDCO effect or global effect?
Much activities @25

Can't really tell. Nobody wants dividend too?

yMcy56:
Lol. Boss don't mind my comment.

Actually, this type of scenario has played out one time like that, which does not affect NSE as such.
Since the foreigners left the bulk of the trading to the locals, it seems like some kind of blessings in disguise for our local market, especially with the events happening in major countries like the US......it's not having sharp decline on NSE, unlike when the foreigners dominated the market.

This' my newbie's view of it.

Truly, we can never pick a better time to be grateful to them, but still this NSEBNK index is not looking good from the minutes to the hour charts ooo

YoungBuffet:
It depends on the composition of the market players, if foreign investors are many on our NSE trust by now everything would have been red top to bottom.

You see, sometimes FPIs are not good .
Make this scale of price change I dey see here make e no cross the Atlantic ocean oh..

But still we have to be on the look-out.

YoungBuffet:
Banking results will push up volume, that is what will gear up the market.

That "gear up", you might want to hold your "reverse gear" while at it oo...

Nigerian Market no dey ever follow.. lol..

China had all index up at the end of the day.

Europe is currently down on every index(wahala...)

America na timezone dey save them like this. But Pressure ti wa!!!!

Crypto enjoying some bounce..