GeeKudi:
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.

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?

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.

ositadima1:



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.

emmanuelewumi:



It got to to over N10,000 on NASD

emmanuelewumi:




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

unite4real:


That means those that bought it on NASD above current price post split and are still holding, should be in paper loss position.

I don't think the downtrend will continue below N400. Anything below that might see a bounce

Locotrader:


And cardinalstone and stanbic introduced 1million naira minimum account opening deposit.

I asked both firms about the minimum amount I can fund my acct with,they responded any reasonable amount.

I did 200k to each of them to see their reactions.Lol I traded with it before funding heavily.

Brokers should encourage clients and reduce fees.

Imagine both of them making over 4b naira commission just for October alone.

KarlTom:

emmanuelewumi:




Check well not for October, it is total from the beginning of the year till the end of September

Locotrader:


Ok.This

In October both still made millions of naira as commission.

emmanuelewumi:



Loans can be renegotiated, you can also get loans to service a loan

emmanuelewumi:


Start date 1st of January 2024

Ended on 30th September 2024

Raider76:


Yes. But if a company could publish an undertaking to do something 3 times and fail each time you don't expect someone to bail them out of a loan they are having difficulty paying. I mean such companies do eventually default.

emmanuelewumi:


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

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

tayejay:
I was so sure they were in need of liquidity and indicated it in my previous note. Somebody here on this platform is a smooth operator. He most likely was aware of this, but rode on the platform of providing some privileged information about some other companies that turned out true to gain people's trust to be able to stealthily promote Aradel. This is evil, considering that many people got trapped keying into Aradel shares on this platform. You know yourself. Take note, this not coming from a bitter mind because I did not fall for it. Such deceit would not end well

BHG:


They were overconfident. They also failed to adapt to change and reinvent themselves quickly as the years went by..

emmanuelewumi:




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

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.

GeeKudi:


I dey tell you.

I was already making plans to go borrow like 10M for the stock before the cautionary note came from Sunrise

The hyping was top notch, especially coming after the OANDO miracle. That miracle lend some belief that if it happened with OANDO, it can happen with any stock poised for it.

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

SonofElElyonRet:


Na man you be

SonofElElyonRet:


So you intend to keep buying until it gets to your expected N150?

Harvestock01:

Loading the dip.

mails4funshi:
@CSL did same.

Agbalowomeri:


I expect it to bounce from 300 next week.

emmanuelewumi:



But was not N5 million

Kwibaba:
Oando is here o

mails4funshi:
I was told categorically to move my account cos the value was less 5M. This happened post the 2008 market crash.