Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,177,827 members, 7,902,638 topics. Date: Saturday, 27 July 2024 at 01:39 PM

Megawealth01's Posts

Nairaland Forum / Megawealth01's Profile / Megawealth01's Posts

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (of 131 pages)

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:07pm On Jun 21
yMcy56:

I see..
You must have picked it high over there

YES
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:34am On Jun 21
yMcy56:

MP = Market Price
MD = Markdown

Make una dey speak the language wey we understand o. smiley
So you also have it?

The little I bought since their days in NASD
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:30am On Jun 21
nosa2:


I don't understand. unless the Naira gains strongly against the dollar, I don't see how the forex earnings aren't baked in. With regards to the rights issue, raising more capital for a bank as efficient as GTB is a good thing.

Anyways, GTB is my second largest position. My main focus is FCMB. Those guys raised like N26b at 16%. Today rates are over 30%. That's easy money right there.


My oga please I am very much open to being told I am wrong. I love to hear counter arguments cause I may not be seeing something

The last sentence is golden

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:26am On Jun 21
bovali:


My average entry is 1.27, still holding some but just wanted to check the strength of the rally. Couldnt even fill 2m units at limit up

#1.27 is such a really low buy
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:22am On Jun 21
yMcy56:
VFDGROUP
Full bid for the 3rd day after markdown.....
Big Ogas holding their stakes so tight
Africa Prudential make una come dey move this thing nah.....
Make I go research the MM self.

They should help me move it back to MP before the MD

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:15am On Jun 21
bovali:


Fake pump. Poured in just 2m units to test demand, now it’s no longer on full bid lol

We are watching closely
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:01am On Jun 21
nosa2:


Well I'm buying. The guy who is selling obviously thinks it's expensive and as such will go down (he could also need money for school fees sha but thats another story). Either way Time will tell.


Agba over to you
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:01am On Jun 21
KayOn1:


Purely TA. Same with Veritas. Distribution & Accumulation going on depending on which side you are on.

I dey kampe for unity ship
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:59am On Jun 21
KayOn1:


Purely TA. Same with Veritas. Distribution going on

That VERITAS giving me massive joy...

The little I kept back after selling my holdings then is getting to 1/4 of my total capital in buying all the volume of veritas back then

This market eh grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:56am On Jun 21
Agbalowomeri:


Na Mendes hands dey there

Seems una don too much in the train... Let's see whether it will get to #5 grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:45am On Jun 21
Day two full bid... Any news on unity bank? grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:39am On Jun 21
nosa2:


I no understand that acronym oh

You mean it's very cheap at Current Market Price?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:24am On Jun 21
nosa2:


In my opinion the devaluation is done. Nigerian equites are ridiculously cheap. Look at GTB, ROE of over 60% yet forward PE is less than 1. That's crazy na. Its almost like free money.

You mean it's very cheap at CMP?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:04am On Jun 21
Hedgefunds:


After the public Offer , will the dividend be increased ? So they are likely to get Burnt.

Still no changes be that? Same game!!!
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:00am On Jun 21
ndept:
I like this new version of you. The moment you realize that there is no need to be confrontational with anybody, the more you have peace in your inner minds.

It's called MATURITY

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:59am On Jun 21
emmasoft:


This is not new. We saw the same scenario play out from 2005 to 2008. But I think the investing public is better informed now than before.

You think so? Investing public that ain't in many platforms like here might not really be properly informed
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:28am On Jun 21
grin
mikeapollo:


For Oando's court case, be hopeful for good news but plan and prepare for the worst case scenario!
That is how to survive in this business!
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:19am On Jun 21
megawealth01:
Dangote Refinery's Electricity Surpasses Nigeria’s Eleven Years Capacity

https://www.legit.ng/business-economy/energy/1598311-dangote-refinery-surpases-nigerias-electricity-capacity-eleven-years/

Let this REFINERY list na
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:18am On Jun 21
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:13am On Jun 21
I heard banks have started advising their staff to take up their shares...

Seems like students, workers, market women and men etc will soon be persuaded to do same... Maybe very soon we will have shares marketers in the streets of Nigeria
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:03am On Jun 21
KayOn1:


The timing of this your return to Nigerian market is suspect though. For you to return by this time T, ...

I no talk pass so. Welcome back make we "rofo rofo" am together because it is about to ...
grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:47am On Jun 21
grin
Agbalowomeri:


They will not sell😂
People patronise fraudsters
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:45pm On Jun 20
sky2891:
What's the expectation from oando court case coming up on Monday?

OANDO is a gamble... Expect anything

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:48pm On Jun 20
Is anything going on at unity bank? This coy went as low as #1.16 few days ago... It waited for a while before entering full bid today...

We are watching... Abi na the quarter three projected profit?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:07pm On Jun 19
nosa2:


Their staff costs are high, and with the increase in minimum wage this is only set to balloon. On first glance this looks interesting but looking deeper and its not so rosy

We are watching closely grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:23pm On Jun 19
Recapitalization: Rights Issue will shield banks from hostile takeovers – Onukwe 

https://nairametrics.com/2024/06/19/recapitalization-rights-issue-will-shield-banks-from-hostile-takeovers-onukwe/
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:20pm On Jun 19
megawealth01:
Tantalizers Plc secures N1.07 billion through fully subscribed private placement

https://www.google.com/amp/s/nairametrics.com/2024/05/08/tantalizers-plc-secures-n1-07-billion-through-fully-subscribed-private-placement/%3famp=1

This is a news of a month ago... The private placement was #0.60

The current price is 0.44-0.46

If you ask me... BUY if you can risk it... DYOR

They said they are on the part of restructuring
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:16pm On Jun 19
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:35pm On Jun 19
grin
Mpeace:
Fellow members of the Access family. Shebi una remember say we dey on rights issue. I no understand why una no dey ask how ina go take up all una rights. Or are you all sleeping on your rights like me?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:27pm On Jun 19
SonofElElyonRet:


Bought it much earlier when it was like 39k / 40k

Well you are still in good gains as it touched 0.50

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:08pm On Jun 19
stcool:
Whats the news on Vertas Kapital?

Fantastic result

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:09am On Jun 19
SonofElElyonRet:


But why has mutual benefit been stagnant for a while ?


Did you buy REGAL?

I called it here when it was begging at 0.31-0.32

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (of 131 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.