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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11602868 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by Emndy(m): 10:52am On Jul 19 |
yMcy56: OANDO wer go do another round of full bid on news soon, maybe even today or monday. NB: i don't own a single unit. Good luck to all speculators in the house. Another round of full bid is coming but Just know when to jump out. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:54am On Jul 19 |
My oando in one portfolio is doing 100% plus.Any other thing na noise.Thr are many stocks on nse.if you are not ok with my decision. I no dey see yourself,lol.You can buy what you like with your money. I have bought what I wanti.if you like call it monkey hunting or dog biting....me no send you. Oando is my own oil well if I see anything inside the well I collect...my money. Any analysis/paralysis na for your pocket .I will continue to promote it till I see otherwise reason from billionaire guy wale.....now na only green I dey see from wale Oando is now my new found friend...I follow the money as a street credible guy....wale carry go 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:54am On Jul 19 |
yMcy56: Still gamble |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:55am On Jul 19 |
megawealth01: My man, @Megawealth01, you are one of the people that I admire and have huge respect for on this platform, because your discussions and comments are always friendly, cordial and devoid of the usual shenanigans on this platform. I would advise, if you allow me, that it may be too late to wait until the needful is done. You already know how the market operates.(the ''needful'' may not be done on time, so as to discourage people while others use the opportunity to amass more units) So let me give you the advise that you gave me: use what you can plan with to take position in Oando now. I am suspecting that Oando would either come to the market soon to raise funds (through rights or public offer) or issue bonus shares to shareholders, which would make the price to skyrocket. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:13am On Jul 19 |
mikeapollo:Don't mind Mega, kept shouting na gamble and he no gree commot for inside the bus. 😀 As for the capital raise, I also sense something like this. We see how it goes sha. |
Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 11:14am On Jul 19 |
Emndy: |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:15am On Jul 19 |
Emndy:Thanks..... We see how it goes.. |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:20am On Jul 19 |
mikeapollo: You na better person... I dey inside the bus with small load just in case... I keep money by the side for usual Oando gamble |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:26am On Jul 19 |
Emndy: In all your jumping don't jump out all... |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:27am On Jul 19 |
yMcy56: Na part of their profit I use dey gamble |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:30am On Jul 19 |
naturalflow:Dont know maybe youre catching cruise or something.......but this is a screenshot as at 11.25am now.... Oya say another thing.....😊
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Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 11:33am On Jul 19 |
Ucap dey berekete on ground oooo...
Bend down and select ooo |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:39am On Jul 19 |
Omooloriredade: And where did you also read after the NUPRC statement that the legal title in NAOC assets has not been passed on to Oando? The signing ceremony is just to formally announce the deal to the public (industry watchers) and take pictures for the records. It is different from the legal status (substance) of the transaction, which is binding and the ultimate. The signing ceremony takes place usually between the contracting parties (e.g. ENI/NAOC, Oando) and some stakeholders in the industry (e.g. regulator NUPRC, contractors, employee unions, press, analysts, banks etc.). Bodies like SEC, CAC, the Court, FCCPC may not be present at the signing ceremony, but they all would have had in their possession the executed (signed) agreement/deal with the binding legal status clearly spelt out. So the signing ceremony is the not the deciding factor. It is only a form of announcement or communication to the industry. In business contract transactions, what matters is the substance rather than the form. |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:43am On Jul 19 |
Peter. Peter.. PETER |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:48am On Jul 19 |
@agba.why do oando like forming double bottom.,lol.It is now a two week thing....16 now 18 next will be 20 You never tell me watin double top mean as per TA not your other room activity |
Re: Nigerian Stock Exchange Market Pick Alerts by Omooloriredade: 11:57am On Jul 19 |
mikeapollo: Okay, all good. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:57am On Jul 19 |
Streetinvestor2: I no sabi TA o Na the other room I sabi Glorious double top |
Re: Nigerian Stock Exchange Market Pick Alerts by Emndy(m): 12:03pm On Jul 19 |
yMcy56: I am only giving the info cos, I have also benefited from free firsthand info on this platform (on other stocks ofcourse). Those who have Oando units and want to selloff now due to the seeming pullback, should wait for another ride. Don't sell today. 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Ovamboland(m): 12:03pm On Jul 19 |
KarlTom: Many people don't know what advanced countries had to endure before they developed their admirable technology and economic power today. USA had to fight a war to assert the right of American products to be protected from higher quality and cheaper European manufactured products. The southern aristocrats rich from slavery preferred European products over low quality local substitutes and they opposed high tariffs. The slavery issue was the flash point but not the main motivation from the North that was getting industrialised China did not waste her foreign exchange to finance luxury imports for her citizens when they started. The head od state said let the people walk on the 2 legs if they can't afford cars, and use their steel even of low quality until the Chinese learnt how to make high quality steel. Today China produces over 50% of total world steel output and export cars all over the world Development doesn't come cheap or while everything is at your beck and call except you discover natural resources to provide funds far beyond your population. In the 70's Nigeria needed to export 25-30 million barrels of oil daily to earn per capita what the Saudi or UAE is earning. But we attempted to do what are doing with our 2m barrels. Today for us to match up with them in terms of per capita earnings we need to export 70m barrels daily but we only do 1.3m barrels and some still believe if politicians stop stealing oil money we will be living like Saudi Saudi is doing 12m barrels daily while UAE is doing about 3m barrels daily Total world oil export market is 110m barrels of oil daily, and Nigeria needs to supply 70m out of it to earn like Saudi 9 Likes 4 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Ovamboland(m): 12:11pm On Jul 19 |
Raider76: Dangote that is already exporting his fuel to some ECOWAS countries and Europe is the same somebody is telling us is making sub-standard fuel It's government's choice to see what benefits the country the most if local companies supply us and keep profits here with their workers transacting in our economy or they want Nigeria to import and support the businesses and workers located in other countries 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:45pm On Jul 19 |
Streetinvestor2:😅😁 |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:00pm On Jul 19 |
Ovamboland:I am only surprised dangote refinery has not responded to that allegation. I doubt if we are in any position to defend the company if they have not refuted the claim. What if they acknowledge it to be true. A govt agency cannot come out with such claims without reason. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 1:06pm On Jul 19 |
KarlTom: Okay, KarlTom, if I understand this; You pump baby steps petrol into your tank; All in the name of import substitution nationalism; And your car starts doing baby steps along the road; Is that what will take Nigeria to the promised Land? Cars doing baby steps along the road, because driven with baby steps petrol? Standards, upon Quality, from day one! |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:13pm On Jul 19 |
The reply is almost out... Mpeace: |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:14pm On Jul 19 |
Mpeace:Nigerian crude oil (associated with BRENT, UKOIL), is one of the best in the world and more expensive than WTI (USOIL). If the Dangote refinery sources all its supply from Nigeria, the quality will be high, but if most of their suppliers are from abroad, well the allegation about lower quality may likely be right. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:18pm On Jul 19 |
"Dangote Refinery, as well as some modular refineries like Watersmith Refinery and Aradel Refinery, are producing between 650 and 1,200 PPM. Therefore, in terms of quality, their products are inferior to imported ones,” Ahmed added that the country cannot risk dependence on Dangote Refinery by suspending petroleum products, especially Automotive Gas Oil and Dual Purpose Kerosene, DPK. These two quotes speak volumes... My stance is that you don't cut off your head because you have headache zendi: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:21pm On Jul 19 |
KarlTom: Any link |
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 1:31pm On Jul 19 |
KarlTom: That was a reckless statement from someone in authority. Even if it is true, demarketing dangote product at this point is not the way to go. I am tempted to believe that a lot of people are actually working against the actualisation of local refining of petroleum in the country for selfish interest. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 1:34pm On Jul 19 |
When I saw UCAP coming down because of some people who had a N40 target and we're selling I rushed and sold some other stock and rotated to UCAP @39. A stock giving 2:1 bonus can't stay down for long. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:36pm On Jul 19 |
megawealth01: I am really interested in this Ibeto story because it's always quoted by people against Dangote, in addition to his perceived monopoly. If the government decided to ban cement importation in favor of locally produced cement, and Dangote happened to be the largest producer (he was not the only producer at the time), how is this unfair? I don't know how people think sometimes. We are here crying over hyperinflation and high cost of things, but at the same time, we want to be importing everything. We are not serious yet. If it's true that the sulfur concentration is high, it can be desulfurized. A multibillion-dollar refinery must have a desulfurization process; it will take going through the process a couple of times. I think it is more of a cabal trying to fight back. The funny thing is that petrol is in high demand, and if Nigeria doesn't want Dangote's petrol, he can easily sell it elsewhere. No complain when that happens. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 1:45pm On Jul 19 |
BullBearMkt: According to dangote group, the ioc will not sell crude directly to them, instead they referred the company to their trading arm making price to be unnecessary higher in addition to the allegation that they will also add some premium including a $5 on every barrel of crude sold as NNPC premium. |
Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:50pm On Jul 19 |
Okomu is stepping up to reclaim its position ahead of Presco. Offers have dried up, we are on a full-bid regime! |
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