₦airaland Forum

Zagee:
I don't follow the market again. You people have given me 75% paper profit in RT . What's going on here

Oando is now giving me sugar daddy vibes🤣.
*Circa 50. Strategic level.* 🚀

emmanuelewumi:
See UBA at average cost price of N2.28k.

She for take loan to buy ar least 1 million units at that price

mikeapollo:
Can you shed some light on this? Any antecedents?

megawealth01:
Goodnews for my crypto fortunes

Trojan8:
Why are you also overlooking the fact that half year profit in 2023 was almost double of the full year profit for same year? If something similar happens this year then last year's PAT would be at least x2 of this year.


People see what they want to see.

KarlTom:
260

Raider76:
What am I seeing here?

emmanuelewumi:
I waited to see a turnaround in Oando for 2 years between 2013 and 2014

BullBearMkt:
I cannot agree less with you. The old @emmanuelewumi that I knew "talked" less; he shared his opinion with a few posts, after which you either took it or left it. His recent posts on OANDO may have more to do with personal vendetta.

megawealth01:
You are avoiding attacks ba?

ositadima1:
Oga Emma's argument is that the majority shareholders (owning more than 70%) will take advantage of the minority shareholders by recapitalizing the company in their favor. If na only this him talk, i for jejely keep quiet.

Omooloriredade:
Veritas 9mths vs 6mths results is a clear example of this. They can get hit by claims that wipe off previous gains. Some insurance companies are just perennial under-performers in this regard. Not saying Veritas will or won't break out of the rat race. My point is to be cautious with their results and not make unrealistic projections based on one report. Personally, I'd only take short term positions.

ositadima1:
Backward integration will take years and huge investment in land and produce, for now, importation of sugar is unavoidable.

Locotrader:
Where is cornerstone making these billions from?

Imagine 24B naira profit

Aiico 12B profit

While I praise all these insurance stocks,this time around I give it to prestige

Prestige is another veritas kapital.

Let's see how far it will get to.

BullBearMkt:
Increase in price of raw material - sugar, labour and freight expenses might have a toll on DangSugar's profitability. The coy's revenue YoY increase of about 56.4%. Alhj should find ways to address these high operational costs. Probably all attentions are on the Dangote Oil refinery now

emmanuelewumi:
Have you guys seen GTB result?

OakPearl:
Analogue brokers clients may be selling down thinking they are booking profits from the unchanged quantity with post reconstruction price.
Wahala!

onuku:
My people, please what is going on with TRANSCORP? Last year I checked, it was N1.98. What is the current price? I bought 250K units then at N1.98.

Thank you.

Willie2015:
I entered at N19...
It should scale N27 comfortably

megawealth01:
Hope you bought ACCESS when I was shouting for people to buy at 16/17? There are few list of my HONEST stock lists to buy just know which is for GAMBLES or INVESTMENT

If you did got into ACCESS at that bargain entry that's cool

Some of my picks are for GAMBLES (short lived) while some are for real INVESTMENT (dividends etc enjoyment). It's up to you to strike the huge differences as you know we all have to do our DD

megawealth01:
UNILEVER is one of my heavy buys at average entry of 14.98 almost 15

Many were even told to buy several here when it was as low as 16 or so

Everyone should put an eye on this COY

DYOR

BullBearMkt:
UNILEVER IHITS A NEW 4-YEAR HIGH
After years of sellers battering the stock and a series of ranging prices, UNILEVER closed this week at a new 4-year high. Could this signal a positive outlook for Unilever Nigeria Plc after achieving 46% revenue growth in the first nine months of 2024?

PLAN YOUR TRADES AND TRADE YOUR PLANS

Agbalowomeri:
Omo learning and experiencing are two different things o. In this bull period, you will get away with so many jagajaga moves. When serious school fees hit you, you go shout I am a chosen😂

A bull market is like gambling and winning 80% of the time. Your adrenaline go pump to all time high. You would think it's your brilliance that's winning you streaks. Let's enjoy it while it lasts though.

There is an anomaly in the Nigerian market mainly caused by the banks. Inflation and high interest rates are supposed to bring the market down. However, our banks appear to be round-trip ping treasury bills and Forex. As long as the rates are high, maybe they can maintain this level but some are already showing weakness. I suspect that when the earning realities set in, banks will lead the bear, hopefully from Q1 next year.

Before then sha, I am expecting a violent Xmas bull to cap the bull. If it happens, to your tent O' Israel😂