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Nigerian Stock Exchange Market Pick Alerts - Investment (8170) - Nairaland

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Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)

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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:05pm On Sep 16
Agbalowomeri:


Now they have to explain where $100M waka go grin

The guy dey really choke dem for throat

PUNCH Lite
Group sues Lagos for $100m Dangote refinery land deal

https://punchng.com/group-sues-lagos-for-100m-dangote-refinery-land-deal/#google_vignette

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:06pm On Sep 16
megawealth01:


PUNCH Lite
Group sues Lagos for $100m Dangote refinery land deal

https://punchng.com/group-sues-lagos-for-100m-dangote-refinery-land-deal/#google_vignette

Government being dragged like generator wotowoto grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:55pm On Sep 16
Dangote Refinery plans sea transport for 75% of local supply, targeting Warri, Port Harcourt, and Calabar

https://nairametrics.com/2024/09/16/dangote-refinery-plans-sea-transport-for-75-of-local-supply-targeting-warri-port-harcourt-and-calabar/

2 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:56pm On Sep 16
megawealth01:
Dangote Refinery plans sea transport for 75% of local supply, targeting Warri, Port Harcourt, and Calabar

https://nairametrics.com/2024/09/16/dangote-refinery-plans-sea-transport-for-75-of-local-supply-targeting-warri-port-harcourt-and-calabar/

Life of an entrepreneur in Nigeria grin
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 6:05pm On Sep 16
OakPearl:
Whenever you hear Dangote Sugar, stop thinking of cubes of sugar. Remember you are talking about a refinery!

That is what most people here don't know. Dangote does business of scale and the singular reason the cement, sugar and salt businesses slowed was because Dangote Refinery.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:12pm On Sep 16
designking:


That is what most people here don't know. Dangote does business of scale and the singular reason the cement, sugar and salt businesses slowed was because Dangote Refinery.

Not necessarily the truth
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:15pm On Sep 16
NNPC Releases Another Estimated Petrol Price Breakdown 

https://punchng.com/nnpc-releases-another-estimated-petrol-price-breakdown/
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 6:42pm On Sep 16
Agbalowomeri:


Abeg make he continue to provoke

We are getting there gradually

Very important cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:00pm On Sep 16
megawealth01:
NNPC Releases Another Estimated Petrol Price Breakdown 

https://punchng.com/nnpc-releases-another-estimated-petrol-price-breakdown/

Make shame catch nnpc small na grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 7:10pm On Sep 16
Agbalowomeri:


Na only cube of sugar my brain fit reason abeg

grin grin grin
I no surprise oh, na you gather modules of garri the last time.
Abi no be garri dem dey use follow soak with the cubes of sugar?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:17pm On Sep 16
OakPearl:


grin grin grin
I no surprise oh, na you gather modules of garri the last time.
Abi no be garri dem dey use follow soak with the cubes of sugar?

Chai this man wicked o
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:18pm On Sep 16
IYGEAL:


Very important cheesy

Na themselves fit fight themselves to release Nigeria from their clutch

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:18pm On Sep 16
Agbalowomeri:


Na themselves fit fight themselves to release Nigeria from their clutch

AMEN

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:19pm On Sep 16
Whatever will free helpless Nigerians is welcomed

The economy must experience freedom

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 7:22pm On Sep 16
designking:


That is what most people here don't know. Dangote does business of scale and the singular reason the cement, sugar and salt businesses slowed was because Dangote Refinery.

No doubt about him doing business of scale, but I don’t think it’s the refinery that slowed the other businesses down.
He is organized enough to multitask his vision for the group. For cement, I think it will take some time for us to see what Otedola saw and racked up the much he invested that ballooned the price from around N300 to N700+ between last quarter of 2023 and February 2024.
Upscaling vision for Sugar and Nascon businesses (Dangfoods) slowed because of the hitches with SEC on the merger approval. That in itself is now only a delay that will soon be done with as I hear there’s enough reason to include rice in the deal. They are dotting the i’s and crossing the t’s.
I won’t be surprised if supplies for both stocks begin to wane.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 7:23pm On Sep 16
Agbalowomeri:


Chai this man wicked o

No worry.
We will not forget your impact both on and off the field. grin
Re: Nigerian Stock Exchange Market Pick Alerts by 4willer: 7:29pm On Sep 16
DANGOTE SUGAR REFINERY PLC: Losses may subsist due to FX pressures

https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Company%20Update%20-%20Dangote%20Sugar%20Refinery%20Plc%20-Losses%20may%20subsist%20due%20to%20FX%20pressures%20-%2022%20August%202024.pdf

Courtesy: CardinalStone

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:34pm On Sep 16
4willer:
DANGOTE SUGAR REFINERY PLC: Losses may subsist due to FX pressures

https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Company%20Update%20-%20Dangote%20Sugar%20Refinery%20Plc%20-Losses%20may%20subsist%20due%20to%20FX%20pressures%20-%2022%20August%202024.pdf

Courtesy: CardinalStone


The possibility of NS/DS to continue going south is still viable until a major development happen for them...

Bargain hunters be prepared for a kill grin

We go dey load am at every giving opportunity
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:38pm On Sep 16

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 7:46pm On Sep 16
megawealth01:


The possibility of NS/DS to continue going south is still viable until a major development happen for them...

Bargain hunters be prepared for a kill grin

We go dey load am at every giving opportunity

If you ask me, that’s my plan too.
To load up more at any further dip despite my initial entry price for Sugar at N9.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by designking: 7:51pm On Sep 16
OakPearl:


No doubt about him doing business of scale, but I don’t think it’s the refinery that slowed the other businesses down.
He is organized enough to multitask his vision for the group. For cement, I think it will take some time for us to see what Otedola saw and racked up the much he invested that ballooned the price from around N300 to N700+ between last quarter of 2023 and February 2024.
Upscaling vision for Sugar and Nascon businesses (Dangfoods) slowed because of the hitches with SEC on the merger approval. That in itself is now only a delay that will soon be done with as I hear there’s enough reason to include rice in the deal. They are dotting the i’s and crossing the t’s.
I won’t be surprised if supplies for both stocks begin to wane.
I strongly believe there is something about to happen to Dang Sugar and Nascon, hence I have been stocking up both stocks whenever I have spare funds.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:57pm On Sep 16
OakPearl:


If you ask me, that’s my plan too.
To load up more at any further dip despite my initial entry price for Sugar at N9.

Wow. We almost same entry. But BE has increased because of my last purchase
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 7:58pm On Sep 16
megawealth01:

The possibility of NS/DS to continue going south is still viable until a major development happen for them...
Bargain hunters be prepared for a kill grin
We go dey load am at every giving opportunity
@megawealth01 is one of my favorite person on this thread... I made some real cash from his picks and cautions.

Abeg should I sell my FirstBank stocks now? I have already made almost 40% on the recent rally. I can't seem to find why FBNH has been rallying and I doubt if the recent price can be sustained.

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:06pm On Sep 16
designking:

@megawealth01 is one of my favorite person on this thread... I made some real cash from his picks and cautions.

Abeg should I sell my FirstBank stocks now? I have already made almost 40% on the recent rally. I can't seem to find why FBNH has been rallying and I doubt if the recent price can be sustained.

My view: any shares that you have now, keep till January

6 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Picky1: 8:28pm On Sep 16
megawealth01:


Life of an entrepreneur in Nigeria grin

My brother, in other climes the gov't supports you through many means - 0% credit, tax holidays, etc.
In naija they try to destroy you and your business if you refuse to add, "something" for those in gov't. cool

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 8:31pm On Sep 16
designking:

@megawealth01 is one of my favorite person on this thread... I made some real cash from his picks and cautions.

Abeg should I sell my FirstBank stocks now? I have already made almost 40% on the recent rally. I can't seem to find why FBNH has been rallying and I doubt if the recent price can be sustained.

The powers fighting for the soul of First Bank is responsible for the price rise. Two of the chief characters are Femi Otedola and Oba Otudeko. Currently based on performance, they are not near UBA. Imagine them paying a dividend of 40 kobo and delaying it up till September when their peers have already paid final dividend in May and about to pay interim this month. As long as current value is concerned, UBA should be selling for around N30 ahead of FBNH but indeed the market obeys money so money is chasing firstbank irrespective of their fundamentals that’s why.
This fact is not meant to be viewed as an attack on First Bank which myself was once a staff of.
Simply unemotional post, because in this market, separate emotions and be at peace.

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:00pm On Sep 16
Have anyone asked themselves the possibility of PBAT (as Minister of Petroleum) vetoeing the payment of subsidy to Alhaji?

Likewise we need to ask ourselves whether we expected the 'cabals' to let go of the their food basket without a fierce fight?

This drama is na unending one.
As for me and my family, we are well seated grin

Some things are as clear as transparency in Nigerian governance... sad
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:01pm On Sep 16
Abeg make the 'fight' continue till ₦40.

I want to check something... grin

OakPearl:


The powers fighting for the soul of First Bank is responsible for the price rise. Two of the chief characters are Femi Otedola and Oba Otudeko. Currently based on performance, they are not near UBA. Imagine them paying a dividend of 40 kobo and delaying it up till September when their peers have already paid final dividend in May and about to pay interim this month. As long as current value is concerned, UBA should be selling for around N30 ahead of FBNH but indeed the market obeys money so money is chasing firstbank irrespective of their fundamentals that’s why.
This fact is not meant to be viewed as an attack on First Bank which myself was once a staff of.
Simply unemotional post, because in this market, separate emotions and be at peace.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:20pm On Sep 16
megawealth01:
Between NNPCL and Alhaji Refinery who is Lai Mohammed and who is Ajuri Ngalale?

grin
Lol..
You really dey catch cruise with these Heavy-weights grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:22pm On Sep 16
Agbalowomeri:


Na only cube of sugar my brain fit reason abeg
lol. You're not alone.. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Bagwa: 9:34pm On Sep 16

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 10:08pm On Sep 16
Bagwa:
https://hallmarknews.com/oando-abandons-loss-making-down-stream-for-upstream-operations/?amp=1

OANDO shot themselves in the leg while trying to MEDIA HYPE.
They should just improve on the financials instead of all these unnecessary media dramas

2 Shares

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