SpaceX:
one Love.

You need to stop changing my posts man. That's criminal. Won't tell you again

CUTIX PLC...

Dividend of 15k PLUS a bonus of 1 for 1.

Another one of the winners in my outline/recommendations and investment guide--Series 2. (for early subscribers)

Closed @ N4.2 today... up from the TEP range of N3--3.5. Infact, a section of my prime subscribers were previously guided to take position @ N2.7--2.85.
I expect the coy to retest it's 52W high of N4.5 and create a new high, possibly tomorrow.

CAVEAT: NOT an investment advice. ...due diligence still applies as always.

It is well

SonofElElyonRet:


Especially when the price for Access rights is higher than floor price which is strange. I want to sell my rights. Don't know how much one stands to gain.. 25,000 units of Access rights

Access Rights currently have no mark up above market price, hence are not sellable.

Raider76:


I understand you can trade it on the NGX floor under the Board OTC and Symbol RR24ACCESS. I tried it on Morgan iTrade. I found the reserve price was 1kobo per share but no bids or offers. I thought for 1kobo per share it is not worth the hassle so I didn't proceed

Will check it out.
1k per share is very poor.
Doesn't look worth it.
Thanks.

SpaceX:
don't mention

Mod are u seeing that this guy is a criminal. This is how he will change your post to deceive people thinking is my original post

leparj:


Will check it out.
1k per share is very poor.
Doesn't look worth it.
Thanks.

The dilution of 1 to 2 is huge. This will weigh access future share price growth down .

nosa2:


I believe they said fx earnings shouldn't be paid out as dividends

Yes

BabsO2:


The dilution of 1 to 2 is huge. This will weigh access future share price growth down .

It's 1 for 2 shares. So if you have 10 shares you will have the right to buy 5 new shares.
It's probably better to buy on the floor and BS the rights.
This will let the big owners get what they want....bet they know what they are doing.

Streetinvestor2:
Mod are u seeing that this guy is a criminal. This is how he will change your post to deceive people thinking is my original post

If you have spare time, visit the Investments forum and click on "Mail Mod" to report the SpaceX moniker.

KayOn1:


Na greed dey kill a lot of people for the market with stocks wey e get as there fundamentals be. My 20/25%, ...

For those with excellent fundamentals, ...

You understand the game... People should understand how this market works... Sometimes JIJO is the best for certain stocks until you see what they have to offer

Dangote Refinery has PMS in their tanks.
According to a report I read, they need to carry out some tests before releasing it to the market...

"But then we want to keep it in the tank to make sure that it settles.
So by the third week of July, we’ll be able to come out to take it into the market,” Dangote had said."

https://von.gov.ng/dangote-refinery-shifts-petrol-supply-to-july/

thebargainhunte:
https://nairametrics.com/2024/07/11/fg-reaches-agreement-with-oil-producers-on-supply-of-crude-oil-to-local-refineries/

Will this help Dangote Refinery to start producing PMS this month?

naturalflow:
EXCUS ME SIR,HOW LONG WILL IT TAKE OANDO TO CLEAR THE NEGATIVE 444 BILLION RETAINED EARNINGS ON ITS BOOK?IF OANDO NO GO BACK TO 12,THIS WEEK CALL ME BASCAR.

Bascar

bovali:

Bascar

Week never end na

bovali:

Bascar

troublemaker. you nkor?"oando will not get to 16" it got to 17.acquired assets have being prized in,it got to 17.5.let's just give it up to the market markers of this stock,they are the real voltron(defender of the universe).

Ding

Ding!!

ding

dapix:
ding

you are always late!

naturalflow:
troublemaker. you nkor?"oando will not get to 16" it got to 17.acquired assets have being prized in,it got to 17.5.let's just give it up to the market markers of this stock,they are the real voltron(defender of the universe).

Which market makers? You mean Wale and his clique wey never send minority shareholders

naturalflow:
troublemaker. you nkor?"oando will not get to 16" it got to 17.acquired assets have being prized in,it got to 17.5.let's just give it up to the market markers of this stock,they are the real voltron(defender of the universe).

Surely they shall gather. You complete the remaining for your mind,lol

Agbalowomeri:


Week never end na

Even with full offer, e no fit touch 12 today

naturalflow:
troublemaker. you nkor?"oando will not get to 16" it got to 17.acquired assets have being prized in,it got to 17.5.let's just give it up to the market markers of this stock,they are the real voltron(defender of the universe).

The lesson here is that company fundamental issues are weak factors compared to market sentiments in determining short term price movements.

Peter said OANDO must reach bargain junction... Una go explain tire

15.90...

Over to you PETER... Make we still wait for the usual junction?

Raider76:


The lesson here is that company fundamental issues are weak factors compared to market sentiments in determining short term price movements.

Exactly my point. The use of past financial results and pre-existing financial ratios is good but it has its limitations.
I rely on such ratios when I am dealing with stocks for purpose of consistent dividends.
But it is a different thing entirely when dealing with a company like Oando that had gone through some difficult past years and has now restructured its business (from downstream to the lucrative upstream sector) in a highly capital-intensive industry like oil and gas.
There is no upstream company on the NGX that is not doing fine averagely, so Oando will not be an exception. I believe they will churn out improved financial results when they stabilize .
They had to face those challenges, some of which are natural and artificial barriers of entry in the upstream sector.

mikeapollo:


Exactly my point. The use of past financial results and pre-existing financial ratios is good but it has its limitations.
I rely on such ratios when I am dealing with stocks for purpose of consistent dividends.
But it is a different thing entirely when dealing with a company like Oando that had gone through some difficult past years and has now restructured its business (from downstream to the lucrative upstream sector) in a highly capital-intensive industry like oil and gas.
There is no upstream company on the NGX that is not doing fine averagely, so Oando will not be an exception. I believe they will churn out improved financial results when they stabilize .
They had to face those challenges, some of which are natural and artificial barriers of entry in the upstream sector.

Make E do quick get to my usual entry so I can add to my stake as I have just part of my profits left as equity...

I go soon full bag am very big soon but na their profits oooooo

FIDELITYBK and OandO Market Makers deserve EVERY flower thrown at them...

naturalflow:
troublemaker. you nkor?"oando will not get to 16" it got to 17.acquired assets have being prized in,it got to 17.5.let's just give it up to the market markers of this stock,they are the real voltron(defender of the universe).

Lmao, read my past posts

KarlTom:
FIDELITYBK and OandO Market Makers deserve EVERY flower thrown at them...

Leave my FIDELITY jare... At least it's not a gamble at the moment

Pls oh you people should not move presco yet
And mm guys for total should come do thr work
OANDO has set new resistance at #16

If it is not emotionally attachments. Why will you pick access right as minority shareholder at above market price

Raider76:

Btw is it possible for corporates like Transcorp to sell out its shares in a subsidiary without shareholder approval?

There are NGX rules that guides this........
Shareholders' will be aware but I don't think they've got more to say about the sales......than to give approval I think.
SEC needs to give approval for such sales and also ensure is in the best interest of the shareholders.
You can go thru Rule 15.32 and the amendments thereafter (it has more pages than the screenshot)