emmanuelewumi:



Check Seplat performance when it was listed, it crashed

At the end of the day a good stock will bounce back and attain greater heights.

Less than a month after Aradel was listed they paid an interim dividend and will pay a final dividend, hopefully our Oando will start paying dividends in 2027

What is the rule on payment of dividends by non-bank institutions? Can they pay dividends out of profits for current year even though retained earnings is in negative?
That might determine how soon Oando may pay dividends ....for those who are interested in dividends in the short term

Agbalowomeri:


Na psychological level we go use

You maybe right

mikeapollo:


What is the rule on payment of dividends by non-bank institutions? Can they pay dividends out of profits for current year even though retained earnings is in negative?
That might determine how soon Oando may pay dividends ....for those who are interested in dividends in the short term

If I start explaining, it will to another thing. I won't answer the question

Ginalex:
only in volume o not in value which is the Koko. Any which way... The main thing be say their fees naim make sense pass 🤝

Who knows Morgan capital before?
SMN made them what they are today.
Their founder Late Mr Adu used to be with us at SMN then.
Reducing their fees to 0.5% helped their ministry.
If the man is still alive,he would have been a member of Nsempa.
He made use of vital information from top members of our forum to build his firm.
He always apologize when there are glitches.
Today the firm is doing well even without his presence.

Morgan capital made us to know about Jijo.
Jijo originated from TA.
When every broker reduce their fees to 50%,TA will control more than 50% of our market.

Long term investors who rely on FA will never like this

There’s nothing wrong with the company, it is very solid and it pays good dividends. There was a release in Bloomberg today, the SPDC deal is even back on. If you’re an investor, you won’t be worried about dips in a strong stock, unless you’re gambling, but some people jumped in thinking they’d make quick money. I’m just clearing the air in case people think I was MH. I advised on everything down to the risks

Agbalowomeri:


Nothing is wrong with ARADEL though. It can happen to any stock when a major player wants to exit. That na trailer. Prayer be say make we no jam that kind trailer Lol. Price will bounce back but e fit don cause trauma

emmanuelewumi:



Or beyond, if dey are not interested in recapitalizing the business and prefer organic growth route

😲

designking:


You got the prophesy right. You warned about this Aradel and today the street is filled with tears and pains.

It is now daily -10%...

Aradel dropping from ₦800 to ₦150 will be a shocker

From N800 - N150 is impossible, the worst case Aradel can get is N400. If you are waiting at N150 junction, train will leave you behind. This is no prophesy, after Monday, forget about 10% loss. All that left us will start rushing back and before you know it we are back in the upward trend.

emmanuelewumi:



But Stanbic Sha at N545 billion worth of stocks, commission will be over N4 billion

Cardinalstone and stanbic are the richest brokers.No doubt

I said the result would be released at the close of business today, Wale for prove us wrong by releasing the result before the close of business.


Aradel said they would release their result on Wednesday 30th of October 2024 and they did without postponement, that is how you know a serious company sho won't take shareholders for granted

jonnysessy:


From N800 - N150 is impossible, the worst case Aradel can get is N400. If you are waiting at N150 junction, train will leave you behind. This is no prophesy, after Monday, forget about 10% loss. All that left us will start rushing back and before you know it we are back in the upward trend.

That is my prayer. I have been buying 1,500 units every time it dips 10%.

The downward trend is only caused by sellof by a major shareholder. The fundamentals remains intact.

Aradel is still a very good share to have.

Sunrisepebble:
This was on Oct 7 after the split when the price was #751

does it mean that after the stock was split into 20, all existing share holders had their units multiplied by 20 and the price remained at N751 without dividing the price correspondingly. if na so e happen, no be scam be that?

jonnysessy:



From N800 - N150 is impossible, the worst case Aradel can get is N400. If you are waiting at N150 junction, train will leave you behind. This is no prophesy, after Monday, forget about 10% loss. All that left us will start rushing back and before you know it we are back in the upward trend.

The big question is, why is it falling? How can you be sure that whatever is causing it to fall will stop at 400? This is why investing or trading is never guesswork. Do you have charts to support your claims? Have you conducted valuations to estimate its fair value? What is your angle?

Doing MH without even knowing that you are doing MH.

AIRTEL INT DIV

2.6cents (1 USD = 1656.97 Nigerian naira)

https://doclib.ngxgroup.com/Financial_NewsDocs/42573_AIRTEL_AFRICA_PLC-ANNOUNCEMENT_OF_INTERIM_DIVIDEND_CURRENCY_EXCHANGE_RATES_CORPORATE_ACTIONS_NOVEMBER_2024.pdf

megawealth01:
Wale na still wale no cap

Please has Oando ever defaulted on any loans? I am asking because if Oando treats it creditors the way it treats its investors then they must have defaulted on their loans sometimes. If they have never defaulted on a loan then their commitment to listing in the market must be seriously questioned.

The price was divided by 20 and holdings multiplied by 20. The price before the split was 9,304, post split divided by 20 was 465

In the case of Transcorp which was the reverse, holdings divided by 4, price was multiplied by 4

vacanci:


does it mean that after the stock was split into 20, all existing share holders had their units multiplied by 20 and the price remained at N751 without dividing the price correspondingly. if na so e happen, no be scam be that?

designking:


That is my prayer. I have been buying 1,500 units every time it dips 10%.

The downward trend is only caused by sellof by a major shareholder. The fundamentals remains intact.

Aradel is still a very good share to have.

Did you analyze and arrive at a fundamental value, or are you just echoing what others have been saying here? Are you genuinely convinced in your heart, and do you have a fair value in mind? Why should it move up—is it simply because Seplat moved up?

Agbalowomeri:


Nothing is wrong with ARADEL though. It can happen to any stock when a major player wants to exit. That na trailer. Prayer be say make we no jam that kind trailer Lol. Price will bounce back but e fit don cause trauma

This one na serious trauma. Imagine losing 50% of one's capital in few days!

For me I don't discuss newly listed stocks.I don't know them.It is when they are listed we know their real value.

Mecure was listed at 2+.The free float was less than 5%.All they did was to move it to 15+.

I bought mine at 9+ some weeks ago and sold at 11+.

Na like this I go dey do my own dey go.

Aradel or Aradite,If you were a stock of my type,I would knack you well well

jonnysessy:



From N800 - N150 is impossible, the worst case Aradel can get is N400. If you are waiting at N150 junction, train will leave you behind. This is no prophesy, after Monday, forget about 10% loss. All that left us will start rushing back and before you know it we are back in the upward trend.

Dey play.

You need to ask the people selling now, at what price they bought it.

Raider76:


Please has Oando ever defaulted on any loans? I am asking because if Oando treats it creditors the way it treats its investors then they must have defaulted on their loans sometimes. If they have never defaulted on a loan then their commitment to listing in the market must be seriously questioned.

Oando to settle out of court with investor, amid $680m debt owned by Wale Tinubu

https://www.ripplesnigeria.com/oando-to-settle-out-of-court-with-investor-amid-680m-debt-owned-by-wale-tinubu/

megawealth01:


Oando to settle out of court with investor, amid $680m debt owned by Wale Tinubu

https://www.ripplesnigeria.com/oando-to-settle-out-of-court-with-investor-amid-680m-debt-owned-by-wale-tinubu/

September 1, 2021

Panadee:


September 1, 2021

Dem dey call it damage control.

Panadee:


September 1, 2021

He asked a question na

megawealth01:


Oando to settle out of court with investor, amid $680m debt owned by Wale Tinubu

https://www.ripplesnigeria.com/oando-to-settle-out-of-court-with-investor-amid-680m-debt-owned-by-wale-tinubu/

This issue had been settled long ago, even before the court case for the proposed and now abandoned delisting of Oando shares

[b]Aradel or Aradite,[/b]If you were a stock of my type,I would knack you well well[/quote]

lolllll this one off me patapata

mikeapollo:


This issue had been settled long ago, even before the court case for the proposed and now abandoned delisting of Oando shares

He asked a question

Sunrisepebble:
The price was divided by 20 and holdings multiplied by 20. The price before the split was 9,304, post split divided by 20 was 465

In the case of Transcorp which was the reverse, holdings divided by 4, price was multiplied by 4

now it is very clear to me. Thank you. i didn't know the price was also split.

Raider76:


Please has Oando ever defaulted on any loans? I am asking because if Oando treats it creditors the way it treats its investors then they must have defaulted on their loans sometimes. If they have never defaulted on a loan then their commitment to listing in the market must be seriously questioned.

See the question na

megawealth01:


He asked a question

, Okay.
I was looking for a case involving a creditor.
The story you posted was about an investor

Thank God it's weekend already.
I go dey refresh NSE corporate disclosure every 5 minutes in search of oando result for you people this evening/night.

Make una remain here oooo.

Take one bottle of Heineken cool body small.

On the hindsight, what is happening with Aradel now, appears to be a conspiracy to make money off unsuspecting investors, and it is very unfair.

You multiplied your OS by 20, pumped the resulting price by almost 100% and then present it to people as best thing after jellof rice.

The promoters here may or may not have been part of this conspiracy but those who were able to avoid this monumental rip off largely owe it to the cautionary note from Sunrisepebble.

I bought some units the day it became available and sold it after few hours with some profits to fuel my car.

Locotrader:


Cardinalstone and stanbic are the richest brokers.No doubt

In 2008 FBN securities asked clients whose portfolio was less than N5 million to transfer their accounts to other houses.

Cardinal Stone was newly established then, they just captured the clients given Red card by FBN securities, fast forward to 2020 and beyond Cardinal Stone started getting more businesses than FBN Securities