Thank you for this submission, it would have been better to walk pass rather than passing negative comments, looking at the person's portfolio alone shows that he or she has done well. If I didn't sell my 5m units of Oando in Q1 2024 @ N16 after making 100% margin. I would have made over 350m in Oando. It's possible for someone to make such money from the stock.

mikeapollo:


My brother, let us be open-minded and happy whenever one of us here says he/she has made some good fortune from NGX. We have nothing to lose if it is true. And if the person is faking it or deceiving himself, you have nothing to lose as well even if you believe him/her.
Only a shallow-minded person would be deceiving himself/herself here with money that he/she has not made. After all, our pictures and identities are not disclosed on this platform, so there is nothing to gain in terms of publicity from making false claims here.
Going by the depth of analyses that she does on stocks, I for one would not doubt if @bovali (or any other person) claims he/she has made N500m or N1b from Oando or any other stocks

It could sound like skin-pain; as if we are unhappy, sad, petty, envious or jealous when we describe someone's breakthrough as ''fake like''.
Some people on this forum can make more than N500m from a single deal or stocks on NGX.
We have different investment goals, strategies and different background, experience, opportunities, luck, privileges, capacity etc., hence what may sound or look impossible to one person may be achievable for someone else.
Oando, in particular, could have turned a lot of people into multimillionaires and billionaires overnight, especially those who acquired multi million units when it was selling for N3; N5; N8 etc. Someone who bought like 10m-15m units at that time is already a billionaire or about to become one.
After all, we all are here because we hope and pray to make it in the NGX, even if we have other legitimate sources of income, business etc.
Let us just be happy for them, and it will get to everyone's turn, one by one.

yMcy56:

Better make you no start the vawulence.......lol. 😁

There seems to be some kind of coded accumulations while the stock is still on "quiet" mode for now.......

Meanwhile, more heavy cross deals continues in JAPAUL......
Someone will not see all these heavy cross deals now, when the stock starts moving, they'll be quick to tag it MH.....

One need to monitor Japaul closely, the stick can start movement any moment from now. It may reach N10 before it stops.

Dem no dey tell person. Experience gobteach am

Locotrader:
You better be satisfied with your 1m capital than to collect 10m loan and loose sleep plus your your stock in jeopardy state.

It's a win win to the lender.

Once you don't meet up to sell or pay back at gain,they will sell your stocks which is your collateral.

Be contented with what you have my brother's and sisters.

I don't rush into stock like that ooo. You need to consider transaction cost. I believe Jaiz may move anytime, I bought 25% of my target @ 2.25. Will continue tomorrow.

KarlTom:
Congratulations!
If you re-enter @CP you'll bag at least 6.5% profit

I hope it doesn't drop further tomorrow...

FBNH RI is N25, couple with the fact that UBA paid interim dividend of N2, RI @ N30 is not bad

yMcy56:

ZENITH did 36, UBA should have just done 26..
This way Many would likely pick up their Rights and will be oversubscribed self.

I was expecting N30 for the RI, the N35 is pretty high.

yMcy56:

I think the N35 price for RI is a little bit high....
I was expecting something like btw 25 and 28, this way he would have easily achieve the target....
Defending is an uphill task.

All the fund they're now using to defend the share price could have gone into the recapitalization itself.
They sure know what's there for the bank anyway....

Prediction became reality within 10 mins of trading. The loyalist of the stock should be prepared for KM 45 to 50

KarlTom:
To a large extent ARADEL was supposed to drop 10% today.

No one can EVER accurately predict the market...

KarlTom:
Did you fall for the temptation?

I sold 45% of my portfolio. I no dey find any magic money. 50% margin is enough for me. I can gamble he remaining 50% till right issue news comes out

The Arab money will land in Transcorp

Ibrahim505:

The anticipated Arab money may be about to strike the target!
Ride your winners and become wealthy with stocks.

It will touch 65 tomorrow self, unless magic news happen overnight

brotherly:


Nothing like that ...It will touch 60 very soon except something exciting happens,

yMcy56:
CONOIL @208.20
OANDO @72.65....
We're watching the drama....

UBA @32.90.......33.50.....34.60!
The kind of funds entering here though

I pushed it to N35

May be, but I doubt because the volumes on offer are big figures, I suspect they are people that bought at 15 to 20 naira, so selling at N50 won't be a problem for them.

zendi:

A well upbeat Q3 Result should now be rushed into the market. This to help stem the price meltdown and support it for the capital raise which analysts Emma and Bovali said must happen urgently.

I'm tempted to exit my UBA

You are not getting my point. For instance, if I'm in Aradel I would have sold @ N500 max instead of further average down by bring fresh capital into a falling stock. I will rather leave the stock for the dust to settle instead of buying when I'm seeing daily 10% loss.

emmanuelewumi:



You only average down a stock that is doing well fundamentally but the price is falling.

I averaged down Presco, my average cost is less than N180 even with the purchases I made last week at between N450 and N455

Thank God you didn't average down

edwardaigb:
God, thank you for making me sell off dangsugar and pick UBA and Fidelity.

I rather prefer selling at loss and wait rather than all these average down wahala, most time is like digging the grave deeper

I don't really know much about Aradel. I'm yet to trade the stock, but when the dust settles. I will invest in it heavily for a long term.

emmanuelewumi:



Aradel will come down to N250.

The post stock split price for the guy selling is N25, has recoup his investment through dividends in less than 4 years.

Became a shareholder in 2018.

If he sells at N250 his compounded annualized return is over 60% from 2018 till date

yMcy56:

Lol.
Which analysis is this one? SA, DA or FA?
We're watching anyway

Go and check Oando price trend from Aug 2023 to Nov 2023. You will see how the stock price fall drastically.

No, is the realty, similar situation happened around sept 2023 when Oando moved from N7 to N16, I want ted to sell my 5m units then but I couldn't because of full offer which made the stock back to N8 within few days. I had to hold on the share a bit longer.

megawealth01:


VAWULENCE is that you?

If your are in Oando put your vehicle to lower gear because there will be a slow down to 50KM or 45KM.

Well said!

The post is for investors not gamblers

emmanuelewumi:
Look at investment over a period of 5 years and above to determine if you have made money from the investment.

Seplat was N600 in 2018 and even came down to N300 over the years, the company paid dividends 4 times.

Nahco was listed at N5, it came down to N2 sef over the years, we all know the current stock price of Nahco snd the company never missed dividend payments since it was listed over 20 years.

Presco and Okomu were listed at N5, both never missed dividend payment since they were listed.

Let us go back in time to 1999, Nestle was N20 in 1999, Unipetrol (nos known as Oando) was over N40 in 1999.

Nestle rose to over N1000, never missed dividend payments. Although Nestle is currently having challenges at least shareholders have made their money back in multiple folds.

Compared to the other one that could not pay dividends for decades. And shareholders funds was wiped off

This post is addressed to investors and not speculators

To be honest gross margins on oil & gas businesses are slim. They make money from volume.

GeeKudi:


Auditors need to start querying what companies are reporting as cost of sales. In so many of the results released since last week, you see cost of sales/operating cost eating up over 90% of company's revenue.

From experience, people who get investment from public intentionally increase COGS and administrative expenses to game investors. Forget all these founders stuff, all na scam. All these big men no get conscience

Agbalowomeri:


It is just because you guys are not aware about how those cowboys make their money. Tony has changed now because he has had his fill and want to enter billionnaire list. Reason you see he is pro-shareholders.

These guys make way more money through their chuachua. You think Wale no dey chop for the past 10 years wey Oando no give dividend?

People can be funny 😁, a few weeks ago someone posted that he has lost money on DS, I showed him sympathy and advise him to exit and move to another promising stock, then come back to DS after recovery if he so much believe in DS, but he didn't take the advise. Now another person his blaming his loss on someone because he didn't publicly disclosed that he has exited.

RodgersAkpafu:
Seems like some people are yet to get a hang of this "investment thing"
The plain truth is that ONLY YOU are responsible for your trading decisions, good outcome or bad.

You have to accept whatever decision YOU made and keep it moving 💯
Investments are for the long haul, we are talking years upon years upon years

I remember my experience with RedStar Express (the rollercoaster ride over the years)
But I stayed put and today the investment had paid off, as in addition to dividends and bonus shares, I am almost 100% up ( give or take)

that's how the market is
sometimes you gotta wait it out

A few weeks ago, everyone were analysing Aradel here by giving a negative comments without quarrel or fight, someone posted his reviews with fact and figures on Oando, people started attacking him. I said it here a few weeks ago that capital markets is like a gangan drum what faces someone is backing another person. I'm sure no one here have a controlling interest in Oando, why are your taking someone's opinion on a stock personal? Instead of seeing his points and adjust if you think it's necessary. Oando loyalist should learn not to be too emotional and I believe they can do better.

For those expecting someone tell you they have exited a stock before you decide on yours, you will wait tire, no one will do that for you. People's investment is private, so they can chose not to make it public.

Good morning folks!

Exactly my point, there must be a reason for that. Although if he had gone to the market, he might have pushed the price above N5 before he finished buying shares worth 20B naira.

Anyway let keep our finger crossed, we shall see in 6 months to 1 year time.

Thank you for keeping the conversation civil without throwing jabs.

emmanuelewumi:



The guy who invested N20 billion, bought at a huge premium.

The same thing with those who bought Dangote Flour and Forte oil

Femi & Alhaji sold their holdings in the companies 100%, but Japaul is an additional investment and the existing owners maintained their stakes. So they are two different transactions

emmanuelewumi:


Please explain.

How much did Femi sell Forte Oil

This is not outright purchase Bro.

emmanuelewumi:



The buyer of Forte Oil and Dangote Flour did not make a kill ooo

You have a point like you said "In some cases", I'm sure MBC can never give out such loan without collateral, and if they don't believe in the company's prospect they won't choose the conversion option, they would have choose the alternate option and take their loss.

emmanuelewumi:


At times the creditor might not have any other option to getting his money back other than accepting to cover the loan to equity and then have a seat on the board

The Koko is the loan conversion rate and other benefits as a board member and a major insider

Learn to respond without throwing shades, it's childish.

Streetinvestor2:
As oga Agba. He will tell you a brast in hand worth more than 2 in the bra....no mind me I be street

30% including 1% management fee

Ginalex:
Same as CardinalStone

MBC was a creditor to ELLAHLAKES, they converted debt to equity. To me this is a sign of prospect, for a creditor who is vast in the capital market to accept debt to equity conversion, there must be an untapped gold in such company.

BabsO2:


Why did 3 out of the 4 directors reduce their number of shares in the last one year.

However, it is good to see one of the substantial shareholders - Blackman & Co. Ltd - increase stakes. It is also good to see MBC securities springing up to take a 14% stake in the business.

Since number of shares in the year increased by 753,786,788 shares it means apart from MBC Securities that took a new 383,738,196 share position, most of the other new positions must have been taken by retail investors.