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Nigerian Stock Exchange Market Pick Alerts - Investment (8058) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:35pm On Aug 26
Keeping it is the most difficult job

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 2:36pm On Aug 26
Locotrader:
I don come again.
Point & kill

There is one stock which 3 persons here has hinted on but has not gbe body.

This stock has 64% presence in Nigeria
25% presence in UAE
11% presence in Ghana.

The stock is currently trading at 3.00
About 1.3B OS and 24% free float.

My oga cp used to hint on the stock in those days before it embarked on reconstruction.

The stock is back on its feet with a strong balance sheet.They recommended 5kobo dividend recently.

If you decode.......the time is now.Enjoy


CI Leasing website doesn't show presence in UAE
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:38pm On Aug 26
emmanuelewumi:



Don't tell me you don't know about the stockbroker and trader called Ololo

I sabi Peter Ololo na grin
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:42pm On Aug 26
Do a Google search on him

Re: Nigerian Stock Exchange Market Pick Alerts by edwardaigb: 2:46pm On Aug 26
I heard of the Ololo guy.
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 2:49pm On Aug 26
Raider76:


CI Leasing website doesn't show presence in UAE

Check their quarterly report..
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 2:50pm On Aug 26
https://x.com/aonanuga1956/status/1828058461323608484. Those in Seplat, MPNU acquisition should be completed by mid November
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:00pm On Aug 26
Willie2015:


Check their quarterly report..

Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by SAK: 3:09pm On Aug 26
How many years of trading?? How ?? I don't understand?
Re: Nigerian Stock Exchange Market Pick Alerts by SAK: 3:12pm On Aug 26
If you can't get OANDO for now ,go for Eternal

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 3:19pm On Aug 26
SAK:
If you can't get OANDO for now ,go for Eternal
or ELLAHLAKES...please do your on analysis ooo,just my suggestion
Re: Nigerian Stock Exchange Market Pick Alerts by olig(m): 3:20pm On Aug 26
I should have don that instead of hoping my OANDO bid pull through today. Maybe I will concentrate more on ETERNA; I only have infinitesimal amount of that. But is till need small OANDO cry


SAK:
If you can't get OANDO for now ,go for Eternal
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:23pm On Aug 26
https://www.thevaluechainng.com/amp/iocs-divestments-fresh-updates-emerge-as-agip-equinor-get-ministerial-approvals/
wink
Willie2015:
Fair from what angle. Seplat /Mobil deal on hold... Shell/Renaissance on hold... While Oando-Naoc deal sail thru sharp sharp...
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:26pm On Aug 26
Sunrisepebble:
https://x.com/aonanuga1956/status/1828058461323608484 Those in Seplat, MPNU acquisition should be completed by mid November

Thanks to Atiku. Opposition in Nigeria seems to be working.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 3:28pm On Aug 26
Raider76:


Thanks to Atiku. Opposition in Nigeria seems to be working.

Dont mind those guyz in NNPC
Seplat suppose don cross N4000/share...
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:33pm On Aug 26
emmanuelewumi:
Do a Google search on him

See reputation Lol grin
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 3:37pm On Aug 26
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 3:38pm On Aug 26
Re: Nigerian Stock Exchange Market Pick Alerts by brotherly: 3:42pm On Aug 26
Raider76:


Thanks to Atiku. Opposition in Nigeria seems to be working.

Atiku has not affected anything here . No be everything be politics .

Nnpc withdrew their case 2 months ago .

Based on how their Jvs are structured NNPC went to court claiming they have the right of first refusal which they were not given an opportunity to exercise.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by brotherly: 3:43pm On Aug 26
The NNPC filed a motion in June 2024 to discontinue its legal action, which had challenged the deal based on its preferential rights under a Joint Operating Agreement with ExxonMobil.

This motion is part of a broader settlement agreement that includes NNPC withdrawing all legal actions and both parties discontinuing arbitration proceedings. The settlement is crucial for completing the divestment of Mobil Producing Nigeria Unlimited (MPNU) to Seplat.

The deal, initially announced in February 2022, faced delays due to legal and regulatory challenges, including a federal government decision to withhold approval. However, recent developments, including meetings with Nigerian leadership, have helped move the transaction forward.

The court's decision on the motion to discontinue the lawsuit is expected to facilitate the finalization of the deal, which has been under intense scrutiny for two years. Despite the legal challenges, Seplat's stock remains stable, reflecting a 49% increase year to date.

https://nairametrics.com/2024/06/13/nnpc-applies-to-withdraw-suit-challenging-exxonmobils-1-28-billion-asset-divestment-to-seplat/#:~:text=The%20move%20follows%20Seplat%20Energy,Mobil%20Corporation%20for%20%241.28%20billion.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 3:45pm On Aug 26
Locotrader:
I don come again.
Point & kill

There is one stock which 3 persons here has hinted on but has not gbe body.

This stock has 64% presence in Nigeria
25% presence in UAE
11% presence in Ghana.

The stock is currently trading at 3.00
About 1.3B OS and 24% free float.

My oga cp used to hint on the stock in those days before it embarked on reconstruction.

The stock is back on its feet with a strong balance sheet.They recommended 5kobo dividend recently.

If you decode.......the time is now.Enjoy


OGG mentioned C&I leasing the other time and people started attacking him. @ Oga Loco thanks for always giving us purchase alert freely.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by designking: 3:47pm On Aug 26
olig:
Please, hpw do I get my OANDO bid filled
Any tactics? when no offer available

It is almost impossible right now.... We are waiting for a point where there will be profit taking (Sell off) which is certainly going to be anytime this week.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:53pm On Aug 26
Agbalowomeri:


See reputation Lol grin


There was no market makers then.

Banks just need to give him N1 billion to N2 billion and he will perform miracle on their stock price and the stock can move from N5 to N10 , he will money, insiders will also make bigger money, then jump into another stock and perform the same thing.

By the time the market crashed he was owing banks over N100 billion, he also lost his personal funds running into tens of billions of Naira.

Probably if had bought some real estates, fixed income and forex with his loot he would have been in a better position.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:12pm On Aug 26
emmanuelewumi:



There was no market makers then.

Banks just need to give him N1 billion to N2 billion and he will perform miracle on their stock price and the stock can move from N5 to N10 , he will money, insiders will also make bigger money, then jump into another stock and perform the same thing.

By the time the market crashed he was owing banks over N100 billion, he also lost his personal funds running into tens of billions of Naira.

Probably if had bought some real estates, fixed income and forex with his loot he would have been in a better position.


He must have felt invincible 😂

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 4:19pm On Aug 26
Now I remember the words of the PROPHET...thou shall seek OANDO but thou shall not find...it's already happening.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:44pm On Aug 26
@Agba,Transcorp power don do double bottom. How far are you expecting the double bottom to reach as per TA.I don't have tume frame for buy yet on power.
You no answer me the TA price for wapco.I already have it for FA.I have till q3 for wapco

You be old school. I hope I never post anything way make you dey cry up and down on a stock after 30yrs expirence in this business. Even after everything way anyone talk here.You never shift ground on you buy decision. You really get mind
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 4:56pm On Aug 26
ndept:
only one man disturbing this honourable forum with 2 handles. When O and O is doing well, he will come with one and start blabbing like a stacked illiterate that he is, and when they are not doing well, he will come with cast. Even, if you don't have reasonable work doing, why not go and sleep. Afterall, sleep is good for your health. I don't know the joy he derived from the going down of O and O, only sadist behaves that way.

Oando is a stock like any other stock on the NSE. There is bound to be profit taking and support at a particular point, which happened last week and someone is busy shouting cast, here and there... as if he just started stock investment yesterday

O and O casting the caster since 1800.... grin

Chief ndept, please take it easy. I understand your feelings though it is best we do not thread the lanes where verbose words are magnified.

Whether cast or not casted, the ones who are mixing the concrete should know that if the rains pour down while mixing their concrete, the mixture will get to slurry and be come liquidised.

Being part of this forum, I have always felt that the ultimate goal should be to break the barriers of the faceless and audioless nature of this forum to being able to meet and host each other.

That for me is very important and keeps me in check a lot of the times except if e don too much. 😁

May the Lord continue to bless all of us, especially the shepherds who continue to provide guidance, one waynor the other to their sheeps. 🙏🏽

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by designking: 4:58pm On Aug 26
Princkez:
Now I remember the words of the PROPHET...thou shall seek OANDO but thou shall not find...it's already happening.

The current huge order volumes to purchase the Oando shares will continue till Friday.

Oando will still do another 10% growth tomorrow, Wednesday and Thursday.

I see price stability and some sell off by Friday.
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 5:04pm On Aug 26
Omooloriredade:


They are still buying apparently. They increased their position by #4,337,300 last week.

Yea...
They sold ...
and re entered as sentiment improves..
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 5:07pm On Aug 26
Willie2015:


Yea...
They sold ...
and re entered as sentiment improves..
how do you people know this things?? I thought it's usually "confidential" except it's disclosed on NGX
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 5:14pm On Aug 26
emmanuelewumi:



There was no market makers then.

Banks just need to give him N1 billion to N2 billion and he will perform miracle on their stock price and the stock can move from N5 to N10 , he will money, insiders will also make bigger money, then jump into another stock and perform the same thing.

By the time the market crashed he was owing banks over N100 billion, he also lost his personal funds running into tens of billions of Naira.

Probably if had bought some real estates, fixed income and forex with his loot he would have been in a better position.

How much did he really lose in the market. I no dey trust naija guys oh.I hope he did not go and invest the money in dubai and claimed he lost the money in stock. You remember that guy in ph who did it to guys in forex after invest in dubai and relocating his fmly too.MBA forex I think

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:23pm On Aug 26
designking:


It is almost impossible right now.... We are waiting for a point where there will be profit taking (Sell off) which is certainly going to be anytime this week.

You go gree buy if there's pullback?

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