When are expecting glo on the next floor?
Companies like glo, 9mobile, spectra net should be on the ngx.

Raider76:


Maybe the stupendous wealth being made by major shareholders of recent will change the minds of some of them. I expect Glo to come to the party too since Conoil is still around.

ice234:
When are expecting glo on the next floor?
Companies like glo, 9mobile, spectra net should be on the ngx.

it won't be such a bad idea

more and more Nigerian companies listing is a welcome development

They cam raise extra capital
they can essentially do all sorts

I honestly cannot advise to buy now. If you have a long term view of the stock then sure go for it but if you’re looking to make quick money my opinion of the stock has moved to neutral/cautious

jckgroup1:
@paEmma
@SunrisePebble

I don't have NASD account. Which is advisable; get an NASD account to purchase Aradel or wait for it to be listed on NGX?

Coolcash1:


I completely agree with you. Dr Fatona laid a very very good foundation for the company. Him and his team were more focused on building a strong and reliable company thereby sacrificing little benefits for huge future gains. This the company has continued to build on which is now resulting in a robust liquidity and profitability. They are so liquid to the extent that banks practically chase them to take loan which they declined.

I can’t wait for their listing on the bourse for me to buy tasere units.

Can’t agree more.
They practically imbibed the principles in the book titled Built To Last.
I’m buying both on NASD and when they list soon on NGX.

jonnysessy:


Please don;t give up on my Access. This is just half way, they were in a similar situation last year. But, they came out stronger in the last quarter. Just look at it as a marathon race.

But, the FBNH that is trying, why are they yet to transform the improvement to dividend. Dividend for full year 2023 is yet to be paid while all others in this category had announced interim dividend for 2024. I had longed replaced my FBNH with Fidelity Bank

The former CEO was alive then, while one tree does not make a forest I feel something left access with the exit of that man

emmanuelewumi:


Let us come down to 2006 Oando public offer was almost N100, I bought Aradel in 2016 for roughly N200.

If Oando returned me minimum of 10% per annum from 2006 to 2016 the share price ought to be over N200 after 10 years

I don't want to imagine the units and start calculating. there is value in investing in the right stock I guess. You have given example of bad and good.. Oando is yet to get to your buy price over 20 years later; what an irony of life. Perhaps picking bright future stock in the present is also gamble and luck.

Agbalowomeri:


[b]Access give una 85kobo [/b]una no happy

Dem fit retrieve am back begin wait to see whether dem go fit acquire GTB, now wey dem dey hear noise.

Have they reviewed it to 85kobo? Thought it was 45kobo

Cileasing dividend finally landed after back and forth with registrar. This one Na to fill tank

Sunrisepebble:
I tend to agree. I had plans of holding the stock till NGX but if I can get #1k (20k) per share then why am I still holding on to the stock when I have more than 4x? I feel a lot of people will have the same opinion if it reaches that #1,000. It is now overvalued

You can sell 50% to 75%, but I will advise you to still hold some.

Don't underestimate where a well managed , growth and cash rich company will be in 5 years.

The right offer of United Capital was 90k in 2014, those who sold at N4.00 after enjoying capital appreciation are full of regrets.

The par value of Aradel was N10 until the recent stock split which made it 50k.

What does this mean, it shows that the original N10 invested at the startup stage of the business is now worth almost N14,000, excluding dividend earned over the years.

In fact that initial N10 will earn a dividend of about N400 in the current financial year. Meaning dividend earned is 40 times the amount invested

jckgroup1:
@paEmma
@SunrisePebble

I don't have NASD account. Which is advisable; get an NASD account to purchase Aradel or wait for it to be listed on NGX?

Download NASD on goggle play store

This Aradel matter had been on and on. It is not yet listed on NGX. Please, can someone explain to me how I can get it. I understand it is being traded on NASD. I really don't know how that works or how I can monitor it's trading. Do I need a new broker account to trade on it ? Or is it best I just hold on since it would soon be listed from what I gathered. Even if it is a few units I can buy, just want to join this bandwagon. Too many people have come to praise this stock. It won't make any sense if I don't do anything. Thanks.

jonnysessy:
This Aradel matter had been on and on. It is not yet listed on NGX. Please, can someone explain to me how I can get it. I understand it is being traded on NASD. I really don't know how that works or how I can monitor it's trading. Do I need a new broker account to trade on it ? Or is it best I just hold on since it would soon be listed from what I gathered. Even if it is a few units I can buy, just want to join this bandwagon. Too many people have come to praise this stock. It won't make any sense if I don't do anything. Thanks.

Wait till they release the Q3 result.

I think they want the listing to coincide with the release of 2024 Q3 financial result

OakPearl:


That very first line is where wealth resides.
Warren Buffet once said “Honesty is a very expensive gift, don’t expect it from cheap people”.
That Aradel leadership quality is one critical litmus test we must try to find for long term stocks, irrespective of one’s short term “gambles” with any other jijo stock.
NIDF felt similar to me when they declared an extraordinary dividend from assets sold last December, effectively paying dividends 5 times in the last financial year instead of 4 times.

knowledge like this is what I like in this forum. You pointed out ndif and I will do my findings about them.

megawealth01:


OANDO still looking for good management anyways but I just hope they have found it in Wale this time

What is that they said about a leopard changing its skin? It is even less likely now that they know they can do whatever they want.

As I have always said and maintained WALE is the only ish of Oando. If he can genuinely repent or stay away and let a good team manage Oando, that COY will do wonders but I doubt if he will do any of the above.

Just look at the recent games he is playing. May miracles happen for Oando

Sunrisepebble:
I honestly cannot advise to buy now. If you have a long term view of the stock then sure go for it but if you’re looking to make quick money my opinion of the stock has moved to neutral/cautious

May be an excellent long term play indeed.

megawealth01:
As I have always said and maintained WALE is the only ish of Oando. If he can genuinely repent or stay away and let a good team manage Oando, that COY will do wonders but I doubt if he will do any of the above.

Just look at the recent games he is playing. May miracles happen for Oando

Abeg go and buy Aradel and SEPLAT and leave Wale's company alone. Abeg leave Oando my +50 cents play alone and stop bad mouthing

Aradel and SEPLAT are there for you to pick biko.

Greetings, everyone! I have just created my Morgan Capital account, and it has been funded, but I am unsure how to navigate through it. I kindly need assistance.

BabsO2:


Abeg go and buy Aradel and SEPLAT and leave Wale's company alone. Abeg leave Oando my +50 cents play alone and stop bad mouthing

Aradel and SEPLAT are there for you to pick biko.

I have SEPLAT and OANDO that I bought at giveaway prices long ago. The truth is the truth regardless

megawealth01:


I have SEPLAT and OANDO that I bought at giveaway prices long ago. The truth is the truth regardless

Entrepreneurship has its challenges. Nigeria needs more entrepreneurs. Wale is doing his bit excellently. He was wounded with ConocoPhillips in hindsight and he has turned around the company for shareholders (quoting his words at the last AGM)

Abeg take profit, sell the Oando and buy more Seplat or Aradel and not need to bother with Wale this and that, truth and untruth biko

emmanuelewumi:



You can sell 50% to 75%, but I will advise you to still hold some.

Don't underestimate where a well managed , growth and cash rich company will be in 5 years.

The right offer of United Capital was 90k in 2014, those who sold at N4.00 after enjoying capital appreciation are full of regrets.

The par value of Aradel was N10 until the recent stock split which made it 50k.

What does this mean, it shows that the original N10 invested at the startup stage of the business is now worth almost N14,000, excluding dividend earned over the years.

In fact that initial N10 will earn a dividend of about N400 in the current financial year. Meaning dividend earned is 40 times the amount invested

Absolutely.
You have just reminded me of when I bought Seplat N350 and after waiting a long while, I sold around N750 thinking that was the highest height it can get to.
The rest is history.
I will not make the same error with Aradel, as long as the books remain kept clean and the management keep the faithfulness.

FP55:
Greetings, everyone! I have just created my Morgan Capital account, and it has been funded, but I am unsure how to navigate through it. I kindly need assistance.

https://www.youtube.com/watch?v=18o9lHdjGts

Watch this channel. There are other tutorials that will guide u.

DING!!!

Yes. How I wish I could share their business plan here. The reason why I am super bullish long run is because of that deal to acquire Shells assets. The amount of gas reserves is huge and gas is still majorly untapped in Nigeria. The Refinery will also start producing petrol hopefully in Q4 and LPG. They’re also about to complete acquisition for a new tank farm. Like I said, me I’ve made good money, enough where I can decide not to trade for years, I’ll be exiting shortly. But those that have a long term view it is a really great company

BabsO2:


May be an excellent long term play indeed.

BabsO2:


Entrepreneurship has its challenges. Nigeria needs more entrepreneurs. Wale is doing his bit excellently. He was wounded with ConocoPhillips in hindsight and he has turned around the company for shareholders (quoting his words at the last AGM)

Abeg take profit, sell the Oando and buy more Seplat or Aradel and not need to bother with Wale this and that, truth and untruth biko

Take it easy, my man. @Megawealth was not too harsh or derogatory in his remarks.
We all should just look forward and hope that Oando delivers good results and rewards shareholders bountifully. When that happens, no one will preach to Megawealth before he changes his mind and loads more of Oando.

Please when are they listing on NGX again

Sunrisepebble:
Yes. How I wish I could share their business plan here. The reason why I am super bullish long run is because of that deal to acquire Shells assets. The amount of gas reserves is huge and gas is still majorly untapped in Nigeria. The Refinery will also start producing petrol hopefully in Q4 and LPG. They’re also about to complete acquisition for a new tank farm. Like I said, me I’ve made good money, enough where I can decide not to trade for years, I’ll be exiting shortly. But those that have a long term view it is a really great company

BabsO2:


Entrepreneurship has its challenges. Nigeria needs more entrepreneurs. Wale is doing his bit excellently. He was wounded with ConocoPhillips in hindsight and he has turned around the company for shareholders (quoting his words at the last AGM)

Abeg take profit, sell the Oando and buy more Seplat or Aradel and not need to bother with Wale this and that, truth and untruth biko

I understand your jokes but truth is this is public space and all opinions must be respected

Please when are they entering ngx again

Sunrisepebble:
Yes. How I wish I could share their business plan here. The reason why I am super bullish long run is because of that deal to acquire Shells assets. The amount of gas reserves is huge and gas is still majorly untapped in Nigeria. The Refinery will also start producing petrol hopefully in Q4 and LPG. They’re also about to complete acquisition for a new tank farm. Like I said, me I’ve made good money, enough where I can decide not to trade for years, I’ll be exiting shortly. But those that have a long term view it is a really great company

Sunrisepebble:
Yes. How I wish I could share their business plan here. The reason why I am super bullish long run is because of that deal to acquire Shells assets. The amount of gas reserves is huge and gas is still majorly untapped in Nigeria. The Refinery will also start producing petrol hopefully in Q4 and LPG. They’re also about to complete acquisition for a new tank farm. Like I said, me I’ve made good money, enough where I can decide not to trade for years, I’ll be exiting shortly. But those that have a long term view it is a really great company

You are a good man.
For all you do sincerely here in a short time, you are appreciated, and I’m personally happy for your win in Aradel.
Enjoy your reward.

Please, which broker is recommended for NASD?

I also need recommendation for another good NGX broker, like MorganCapital. I need the one with live trading features.

Thank you.

megawealth01:


I understand your jokes but truth is this is public space and all opinions must be respected

I am eyeing more ELLAHLAKES
Their website entrepreneurial aspirational stories are so sweet.
Perhaps too many negative opinions cluttered the way to spotting this potential hidden Nigerian entrepreneurial gem.
The sale post stockbrokers visit was an opportunity to load big.

Fidelity Bank on full bid... Whoa