DeRuggedProf:
https://nairametrics.com/2023/10/05/investments-in-solid-minerals-will-boost-economy-says-firs-boss/

The kind of news that our listed MILOST dey take fly. Soon stories go dey fly of deals and partnerships. May God help us..

I have said it before.
Solid mineral sector is the next sector of attraction.investing in stocks in that sector is not a bad idea now.
For Japaul, some of us here never see it as a good stock but the liquidity and trade setup is okay for me as a trader.I will be expecting Japaul on full bids in few days to come because of Q3 result which I believe is going to outperform.

Why is dangsugar going up while nascon keep coming down

Mpeace:
Why is dangsugar going up while nascon keep coming down

One Dangsugar = One Dangote foods.
11 NASCON = 10 Dangote foods

Thanks @emmanuelewumi, @ositadima1, and @OBAGADAFFI

essentialone:


Please, I really need a step by step guide on how to go about this

Your Stockbroker will do that for you

OBAGADAFFI:

One Dangsugar = One Dangote foods.
11 NASCON = 10 Dangote foods

This is not same thing as published.

It's 12 NASCON = 11 SUGAR(FOOD)

Maybe I am mistaken

unite4real:


This is not same thing as published.

It's 12 NASCON = 11 SUGAR(FOOD)

Maybe I am mistaken

Yes I think you are correct

What do you guys think about this?

They've had a solid performance since inception, and provides needed diversification.

I'm concerned about loan losses.

yak:



Make una leave Oando alone ooo

No updates on Oando today?
What's happening?

mikeapollo:


No updates on Oando today?
What's happening?

Apparently their Friday aspirations got dashed

mikeapollo:


No updates on Oando today?
What's happening?

The share price moved up

mikeapollo:


No updates on Oando today?
What's happening?

The bull took off with full strength at N10.35 (Took off with a full gain of 90kobo from the previous close of N9.45)

The the bull took a break to eat and drink (reload cash as there were too many bears). Bears lurking around quickly stepped in and started knocking the price down in the absence of the bull. Knocked it down in steps to Km9.45 before the bull resurfaced again and started mopping but with less strength. Maybe the bull drank too much water or there were too many bears to chase or it was getting tired. By close of business the bull was able to push the price only up to N9.95. Which means the bull still won todays match but at a big cost.

https://www.marketscreener.com/quote/stock/PZ-CUSSONS-NIGERIA-PLC-11136042/news/PZ-Cussons-Nigeria-P-Z-CUSSONS-NIGERIA-PLC-UPDATE-ON-RELEASE-OF-THE-AFS-FOR-FY23-44982202/

STATEMENT TO THE NIGERIAN EXCHANGE LIMITED AND SHAREHOLDERS ON THE DELAY IN FILING AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

Further to our public notice dated 7 September 2023, the Directors of PZ Cussons Nigeria Plc hereby notify the Nigerian Exchange Limited ("NGX" and the investing public that the Company audit process is still ongoing, and we expect it to be completed shortly. We affirm that we will release the Audited Financial Statements for the year ended 31 May 2023 to the market on or before the end of October 2023. Please note that the Company's closed period, which commenced on 1 June 2023, will remain in effect until 24 hours after the release of the Audited Financial Statements for the year ended 31 May 2023 to the market. Consequently, no Director, persons discharging managerial responsibilities, Audit Committee Members, Advisers, Consultants and Employees, with insider information or their connected persons shall deal directly or indirectly in the securities of the Company during this closed period.

unite4real:


Since the company has delisted, the shares are no more available for trade. In essence it's no longer a stock. Your value is kept for you as per the terms and agreement and conditions to delist the company.

When they say you have not gained or lost money untill you sell only apply to stocks. Reason we say your current value is paper money until you sell.
Once delisted, it's no more a stock that is trade able.

Let us take Skye Bank as a case study. Some people refused to sell and it ended nationalized. Can it be said that till today, those people have not lost since they didn't sell before the nationalization?

Kebson:
A very likely scenario, but quite unlikely when you trade/invest in fundamental tier 1 companies i.e. MTN, Dangote, the big banks etc.

Distance yourself from those penny/kobo stocks.. DYR.

Some stocks we think are fundamentally sound might be very shaky in reality. Some of us had assumed that banks like Oceanic and the rest were fundamentally sound until the advent of SLS stress test in 2009. You know the rest of the story.

Locotrader:


I have said it before.
Solid mineral sector is the next sector of attraction.investing in stocks in that sector is not a bad idea now.
For Japaul, some of us here never see it as a good stock but the liquidity and trade setup is okay for me as a trader.I will be expecting Japaul on full bids in few days to come because of Q3 result which I believe is going to outperform.

the bolded is the most important criteria to consider in deciding to buy a stock for the purpose of trading.

Deadlytruth:
Some stocks we think are fundamentally sound might be very shaky in reality. Some of us had assumed that banks like Oceanic and the rest were fundamentally sound until the advent of SLS stress test in 2009. You know the rest of the story.

Don't assume that a stock is fundamentally sound, you need to dig deeper.


Successful long term investors are detectives

Deadlytruth:
Some stocks we think are fundamentally sound might be very shaky in reality. Some of us had assumed that banks like Oceanic and the rest were fundamentally sound until the advent of SLS stress test in 2009. You know the rest of the story.

Oceanic bank was my school fees . Those who know definitely know.

The folks who purchased over 75 million units of OANDO yesterday knew what they were doing. Enough said!

oceanic really chop my eyes. i paid school fees in full, no scholarship

Hogwarthtrades:


Oceanic bank was my school fees . Those who know definitely know.

ProphetUtuocha:
The folks who purchased over 75 million units of OANDO yesterday knew what they were doing. Enough said!

The folks who SOLD over 75 million units of OANDO yesterday knew what they were doing as well

Deadlytruth:
Some stocks we think are fundamentally sound might be very shaky in reality. Some of us had assumed that banks like Oceanic and the rest were fundamentally sound until the advent of SLS stress test in 2009. You know the rest of the story.

i remember reading an article about banks in Nigeria that was after ecobank took over oceanic. Three months ago I went to the registra office to collect e dividend form for someone and I was told they didn't pay dividend for some years.
My mind went back to that article years ago about banks not being solid......

ProphetUtuocha:
The folks who purchased over 75 million units of OANDO yesterday knew what they were doing. Enough said!

Do you have any further update or info about Oando, as per the court case or the company's plans?

Who is offloading Buacement?

The equity price of Access Holdings Plc was adjusted today 6th of October 2023 for a dividend of N0.30 as recommended by the company Board of Directors. The last close price was N16.15 while the Ex-div price is N15.85

vacanci:


The folks who SOLD over 75 million units of OANDO yesterday knew what they were doing as well

This really cracked me up

kolaish:
The equity price of Access Holdings Plc was adjusted today 6th of October 2023 for a dividend of N0.30 as recommended by the company Board of Directors. The last close price was N16.15 while the Ex-div price is N15.85

When is the payment date for access bank?
Today is pyment date for UBA.

Pls help with SEC email for complaints. I want to report a registrar.

Mpeace:
When is the payment date for access bank?
Today is pyment date for UBA.

19 October 2023

thebargainhunte:
Who is offloading Buacement?

Fear who no fear Rabiu.

did you observed that all the deals are 90k units each? Price must remain upside.

them no dey see this as manipulation abi?

ProphetUtuocha:
The folks who purchased over 75 million units of OANDO yesterday knew what they were doing. Enough said!

Its another opportunity today to load more.
Disclaimer:
Pls for the sake of newbies, this is not a buy recommendation.
For the old hands, you know I am just joking.