Nigerian Stock Exchange Market Pick Alerts - Investment (8162)

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Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:56pm On Sep 13

megawealth01:
Dangote Refinery Playing Emotional Blackmail, Nigerians Swallowing It – Adeoti

https://dailypost.ng/2024/09/13/dangote-refinery-playing-emotional-blackmail-nigerians-swallowing-it-financial-expert/

"These marketers have written to the president that they have lots of old stock that they bought at higher prices they need to import and sell. So, they ask why they are been forced to exclusively buy from Dangote."

And all along we were told that NNPC was the SOLE importer. Kai!!

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:58pm On Sep 13

ositadima1:
Sweden dey give immigrants 38k usd plus flight, make dey use them hand deport. Na 60 mil o, person fit collect carry enter gtco or zenith sheby sombody say na 200 naira eh dey go.

Or better still, carry am do those 10 or 15 year bonds, way be like 18 or 17 percent now, that na automatic 860k per month. How many people dey collect reach like that sef. Na only Mcy56 I dey sure say her salary pass am for here.

My brother go collect your own come back..lol.After you fit enter another country if naija matter no improve

Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 3:59pm On Sep 13

ositadima1:
Sweden dey give immigrants 38k usd plus flight, make dey use them hand deport. Na 60 mil o, person fit collect carry enter gtco or zenith sheby sombody say na 200 naira eh dey go.

Or better still, carry am do those 10 or 15 year bonds, way be like 18 or 17 percent now, that na automatic 860k per month. How many people dey collect reach like that sef. Na only Mcy56 I dey sure say her salary pass am for here.

most won't take lt lmaooo

Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 4:01pm On Sep 13

phadriz:
You get the point my dear. I don't know why they see caution as attack

You went from caution to attack by your statement that there are people here with 500m portfolio who maintain their silence.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:05pm On Sep 13

Agbalowomeri:

We go plenty for hellfire be that

Hell fire simply means the death of the physical body.There is no particular place designated as hell fire.You know the bible was.not written in English language. So many things change while translating it.That is why is good to listen to preachers who are well grounded in the language of the revelations

Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 4:06pm On Sep 13

BullBearMkt:

...read between the lines, they're not attacking you

He didn't say they are attacking him. Rather, he said they saw his caution as an attack.

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:06pm On Sep 13

ositadima1:
Sweden dey give immigrants 38k usd plus flight, make dey use them hand deport. Na 60 mil o, person fit collect carry enter gtco or zenith sheby sombody say na 200 naira eh dey go.

Or better still, carry am do those 10 or 15 year bonds, way be like 18 or 17 percent now, that na automatic 860k per month. How many people dey collect reach like that sef. Na only Mcy56 I dey sure say her salary pass am for here.

On a serious note, for people in the diaspora, wouldn't it be better to invest in these 17-18% bonds that last for years? You could simply repatriate $40,000 to $50,000, put it in one of those bonds, and use the returns to handle all those requests (wahala...) from your Nigerian family and relatives back home.

You could give out 1 million naira at random to any lucky family or friend every month, and they would love you for it without any further expenses on your part. Your initial $50,000 investment would still be there, though it might fall in value over time. But what do you care? It's just $50,000, right? And you can keep giving for years. shocked

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:08pm On Sep 13

BabsO2:

Is the shareholders funds now positive.

Oando's shareholders fund position can only improve a bit; I doubt if it would turn to positive with the 2024 results. May be in 2025 or 2026

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 4:14pm On Sep 13

megawealth01:

He told me he no get 100k so something happened

You suppose know na but to others na Maybe or maybe not

honestly i suspect you were the one. Everything happened so prompt

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mkay15: 4:26pm On Sep 13

Please, is it possible to register with more than one broker? And Implications of having two CSCS and CHN Account? Thank you

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 4:33pm On Sep 13

BabsO2:
Someone asked about the domestic dollar bond. It was over-subscribed.

The federal government had on Wednesday announced the raise of over $900m from its debut $500m domestic dollar-bond offer that closed last month, August 30,2024, with an interest rate of 9.75 percent per annum for 5 years.

Nice

Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 4:35pm On Sep 13

Mkay15:
Please, is it possible to register with more than one broker? And Implications of having two CSCS and CHN Account? Thank you

It’s your money.
Not unlawful.
But for ease of management, one CSCS is usually advised. If you have more, it’s not a problem as long as you keep track of each account.
Same for CHN which implies you can have more than one broker too.
The advantage is you have the opportunity of an alternative if one is faced with challenges of maybe accessing the NGX platform occasionally.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:44pm On Sep 13

sophy17:

He didn't say they are attacking him. Rather, he said they saw his caution as an attack.

...some people went to Cambridge sha!
grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:44pm On Sep 13

This should not be an issue.

If they want to continue 'importation' they'll have to source for their ForEx themselves.
In addition, there is no way the populace will buy from them at a more expensive rate per litre.

Sadly this shows that the 'subsidy collectors' are the cabal responsible for our failing naira

Raider76:

"These marketers have written to the president that they have lots of old stock that they bought at higher prices they need to import and sell. So, they ask why they are been forced to exclusively buy from Dangote."

And all along we were told that NNPC was the SOLE importer. Kai!!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:46pm On Sep 13

ositadima1:

Be like say you do stats or ecoms for uni?

I here say Bayesian stats easy pass trad stats.

I be jack of all trades grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:49pm On Sep 13

Master of Double B

Agbalowomeri:

I be jack of all trades

Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 5:11pm On Sep 13

Key week ahead for Aradel holders, #9-10k seems like the resistance level. Stock split should still commence this coming week. On Wednesday, trading will be halted for t+3 and Monday upper week the new shares should be tradeable. Will it get more traction at a cheaper price or will investors sell down due to more shares in circulation. We watch. I am still holding tight in my position.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by designking: 5:22pm On Sep 13

Raider76:

"These marketers have written to the president that they have lots of old stock that they bought at higher prices they need to import and sell. So, they ask why they are been forced to exclusively buy from Dangote."

And all along we were told that NNPC was the SOLE importer. Kai!!

It is crazy how they weave lies. We don't know what to believe anymore. The president has not also shown readiness to tackle the petrol crisis

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:48pm On Sep 13

mikeapollo:

Oando's shareholders fund position can only improve a bit; I doubt if it would turn to positive with the 2024 results. May be in 2025 or 2026

Oando had a negative SHF of N214b in unaudited 2023 from a priot year negative SHF of N183b. Its rate of depletion of shareholder funds decelerated in 2023. The depletion of shareholder funds started in 2019 with a huge acceleration.

Looking at SEPLAT. Its shareholder funds increased in 2023 by N800b

Oando should be able to get a positive SHF in 2024 mid year assuming its unaudited 2023 is not restated. This is premised on SEPLAT's SHF growing by another N1000b in the first six months of 2024. Turning a negative N214b shareholder's fund to positive right now should not be a beggie for OANDO. Otherwise it has very very very serious issues.

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 6:00pm On Sep 13

Streetinvestor2:
You should first answer my question if your father or you have fire somewhere to throw you into or you throw your kinds if they commit. It is just logical reasoning. Then what about some one who created u in his image and likeness. Who has unimaginable love for you to the extent to sacrifice him self in human form through christ.

Then based on your scriptural verse.Go back and read from 41.You will see it was Chris teaching the importance of love to your fellow human. And all those body parts should not deprive you from extending love.And hell is the death of the physical body as a Christian. And Christ died and conquered death or hell so we can live with him forever through the forgiveness of sin which he paid with his blood

Make una no vex for me

Go back to that Mark 9 and check verse 47, Jesus Christ added fire to that hell. How does dead physical body feel fire? Why have you forgotten so fast that we all wish the souls of dead physical bodies to rest in peace.

Ways of God are not like that of men, the Bible says as heaven is far from earth, so the ways of God, far from that of men.

God is ever merciful, yet He came down locked the Noah boat and took away the key, and allowed flood to consumed the then world of billions of people. He is ever merciful, yet burnt down sodon and gomorah.

Bro, the loving God you know is also a consuming fire. You need to balance your knowledge of him.

As @agba is behaving now, make fun of the Word of God about hellfire, was how the then world of Noah and Sodom and gomorah continued to behave till the day fire rained upon them

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 6:19pm On Sep 13

Streetinvestor2:
Hell fire simply means the death of the physical body.There is no particular place designated as hell fire.You know the bible was.not written in English language. So many things change while translating it.That is why is good to listen to preachers who are well grounded in the language of the revelations

You are talking as if you've died b4. What if you die and find out that you made the greatest blunder

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:23pm On Sep 13

BabsO2:

Oando had a negative SHF of N214b in unaudited 2023 from a prior year negative SHF of N183b. Its rate of depletion of shareholder funds decelerated in 2023. The depletion of shareholder funds started in 2019 with a huge acceleration.

Looking at SEPLAT. Its shareholder funds increased in 2023 by N800b

Oando should be able to get a positive SHF in 2024 mid year assuming its unaudited 2023 is not restated. This is premised on SEPLAT's SHF growing by another N1000b in the first six months of 2024. Turning a negative N214b shareholder's fund to positive right now should not be a beggie for OANDO. Otherwise it has very very very serious issues.

You may be right, after all.
I was only being very conservative and cautious in my expectations of Oando's performance in 2024.

I read a report on the 2023 results stating that its oil exploration and production activity constituted only 4% of total revenue, but contributed 53% of operating profit and 41% of pre-tax profit, indicating very high margins.
If this trend is sustained or improved on, then the ENI assets (which fall under production) could make very huge impact for Oando, starting from Q3 2024

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:27pm On Sep 13

BabsO2:

Oando had a negative SHF of N214b in unaudited 2023 from a prior year negative SHF of N183b. Its rate of depletion of shareholder funds decelerated in 2023. The depletion of shareholder funds started in 2019 with a huge acceleration.

Looking at SEPLAT. Its shareholder funds increased in 2023 by N800b

Oando should be able to get a positive SHF in 2024 mid year assuming its unaudited 2023 is not restated. This is premised on SEPLAT's SHF growing by another N1000b in the first six months of 2024. Turning a negative N214b shareholder's fund to positive right now should not be a beggie for OANDO. Otherwise it has very very very serious issues.

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:29pm On Sep 13

BabsO2:

Oando had a negative SHF of N214b in unaudited 2023 from a priot year negative SHF of N183b. Its rate of depletion of shareholder funds decelerated in 2023. The depletion of shareholder funds started in 2019 with a huge acceleration.

Looking at SEPLAT. Its shareholder funds increased in 2023 by N800b

Oando should be able to get a positive SHF in 2024 mid year assuming its unaudited 2023 is not restated. This is premised on SEPLAT's SHF growing by another N1000b in the first six months of 2024. Turning a negative N214b shareholder's fund to positive right now should not be a beggie for OANDO. Otherwise it has very very very serious issues.

What's SHF bros?
grin

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:32pm On Sep 13

BullBearMkt:

What's SHF bros?

Share Holders Fund

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:32pm On Sep 13

BullBearMkt:

What's SHF bros?

Share Holders Fund

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:37pm On Sep 13

mikeapollo:

Share Holders Fund

Thanks very much bros! I tot SHF means Saturation Height Function
Basically, what @BabsO2 is saying is that OANDO's liability is reducing while SEPLAT has a very strong SHF cheesy

Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 6:42pm On Sep 13

ojeysky:
PZ on 52 week low....Hmm

@bbm abeg where bottom de for here make men make mount grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:43pm On Sep 13

debeey87:

@bbm abeg where bottom de for here make men make mount

...We go check 'am over the weekend
grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 6:50pm On Sep 13

veecovee:

You are talking as if you're died b4. What if you die and find out that you made the greatest blunder

Oga na person way no sabi Bible you go tell all this.You are just after 10 %.You did not tell me whr you built the fire you will put your own children when they commit.
We all died through christ and Rose with him as believers.The bigger problem of nigeria is people like you in the body of christ who are quick to condemn. You put fear and lies in the mind of the people to collect money.
I personally have grown pass that in my spiritual journey. You people always pick a verse or few verses in the bible and misrepresent them out of context.Oga thr is no hell fire.It is the English bible that introduced that.It is hell which means death.
Show me whr hell or hellfire was mentioned in the old testament.

Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 6:53pm On Sep 13

Na wa hearing someone bought 5mn units of FMN in one trade shocked

. Na why i Dey hesitant to drop the full gist before SEC come carry me cheesy

Re: Nigerian Stock Exchange Market Pick Alerts by Yemy3m: 7:00pm On Sep 13

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