NewStats: 3,261,892 , 8,175,482 topics. Date: Friday, 30 May 2025 at 10:39 PM 2ee25

PETERiCHY:



DANGOTE SUGAR made a HUGE LOSS of 144B in their Q2 2924 results compared vs 28B loss they made in Q2 2023.

SHARPEN your CUTLASSES and WAIT for it @ circa #10

BARGAIN HUNTERS TAKE NOTE!

Very correct. I am expecting it too at that price .I just confirmed it from my Bishop with all the powers

AS DANGSUGAR IS GOING DOWN,IT IS DRAGGING HER TWIN SISTER(NASCON) ALONG.CHAI THERE IS GOD OOO.

The market is very unpredictable in recent days (except for few stocks).

My advice is hold your funds and wait for bottom entry prices in certain stocks.

I believe that the experts will mention the stocks and the entry time... ✌🏾

It is well...

Soon...

Heishere:


Chai. Na serious haircut this stock dey give person. Already down by 34% loss. I wonder how low it will go from here. By the way, someone mentioned to expected good news on Dangote foods soon.

WEMA BANK Q 2 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/41916_WEMA_BANK_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

E-TRANZACT

https://doclib.ngxgroup.com/Financial_NewsDocs/41919_E-TRANZACT_INTERNATIONAL_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

CORNERSTONE INSURANCE

https://doclib.ngxgroup.com/Financial_NewsDocs/41920_CORNERSTONE_INSURANCE_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

JAIZ BANK

https://doclib.ngxgroup.com/Financial_NewsDocs/41922_JAIZ_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

ACADEMY PRESS

https://doclib.ngxgroup.com/Financial_NewsDocs/41923_ACADEMY_PRESS_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2024.pdf

CWG

https://doclib.ngxgroup.com/Financial_NewsDocs/41925_CWG_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

STERLING FINANCIAL HOLDING

https://doclib.ngxgroup.com/Financial_NewsDocs/41917_STERLING_FINANCIAL_HOLDINGS_COMPANY_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

VFD GROUP

https://doclib.ngxgroup.com/Financial_NewsDocs/41926_VFD_GROUP_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

ETERNA PLC

https://doclib.ngxgroup.com/Financial_NewsDocs/41929_ETERNA_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

SonofElElyonRet:


I've had my eyes on NASCON for some time but still trying to summon courage to take action..

You know I be correct gambler just that nascon na for investments levels

Long term things

Heishere:


Chai. Na serious haircut this stock dey give person. Already down by 34% loss. I wonder how low it will go from here. By the way, someone mentioned to expected good news on Dangote foods soon.

Laso09:


Good job.
But how will that affect the shareholding structure?

Free float issue will be exacerbated. In my opinion, they will either have to do a share sale to the public or delist. The former is not likely in my opinion because if that was the plan, they could just have done a public offer instead of a Rights issue.

That said, they claim to have a plan and would advise the market shortly. What could their plan be?

Disclaimer - Just mere speculations from me. Sentiment - None. Position - Not Held

Good evening sir, please which site or how can I monitor my stocks online

megawealth01:


You know I be correct gambler just that nascon na for investments levels

Long term things

Happy long stay😂

PETERiCHY:



DANGOTE SUGAR made a HUGE LOSS of 144B in their Q2 2924 results compared vs 28B loss they made in Q2 2023.

SHARPEN your CUTLASSES and WAIT for it @ circa #10

BARGAIN HUNTERS TAKE NOTE!

E be like say this one don wipe off shareholders fund Lol

Choiceguy:



I will never joke with the prophet again.his spiritual insight cannot be compared

Is Saul, sorry Peter also anong the prophets? (1st Samuel 10:11)

Ginalex:
Chai... My beloved sugar ...

Pele

Heishere:


Chai. Na serious haircut this stock dey give person. Already down by 34% loss. I wonder how low it will go from here. By the way, someone mentioned to expected good news on Dangote foods soon.

Jeremiah 30:7 'Alas! for that day is great, There is none like it; And it is the time of Jacob's, sorry Dangote's distress, But he will be saved from it." i hope the bolded happens soon for your sake and gina's

"A note to NSEMPA's long-term investors"
The Customs Street Market Maker Conspiracy Against Dividend-Paying Stocks on NGX.
Market makers are manipulating OANDO plc's share price, driving it up based on anticipated future revenue, untapped potential, and current momentum. while neglecting the trillion Naira humongous debts and liabilities of OANDO plc.
This is precisely what they want - to create a false sense of value. Their strategy is to get you to buy when they're selling and sell cheap when they're buying.
Consider Zenith Bank, which has outperformed in all aspects (Top and bottom lines) but is now experiencing massive dumping. This is likely to continue due to the 70% Forex gains and Rights Issue priced higher than the current market price. The same applies to other SWOOT banking stocks.
Don't fall for the trap; investment is a marathon, and real wealth is built in a bear market. If market makers attempt to drive FUGAZ prices down to less than 10% of the three-month low recorded in May 2024. This should create an order block for long-term self-investors. The win is in the waiting.
Red days are imminent, but don't run away - you can't trade or compete against market makers due to their deep pockets.
Zenith Bank at N31 is imminent. The concept is to buy low from impatient investors and sell to greedy investors at substantial prices. This is the secret of institutional stock investors and market makers globally. The only winners are long-term investors.
Some may argue that NGX is not the place for this, but I disagree. I still hold fundamentally sound stocks that have returned 700% ,600%, 400%, and 350% in my portfolio. This is the time to invest in fundamentally sound stocks. The OANDO wave will soon obey the law of gravity due to lack of fundamentals. Don't be greedy with the current momentum; it has happened before. In a few days, Customs Street market makers will subject OANDO to the gravitational law of attraction.
OANDO enthusiasts, savor the uptrend while it continues.
NB- I'm out of OANDO.

Wapic has completed its 4th wave at 0.763, targe is 1.118 ~40% upside potential

Mankind2024:
"A note to NSEMPA's long-term investors"
The Customs Street Market Maker Conspiracy Against Dividend-Paying Stocks on NGX.
Market makers are manipulating OANDO plc's share price, driving it up based on anticipated future revenue, untapped potential, and current momentum. while neglecting the trillion Naira humongous debts and liabilities of OANDO plc.
This is precisely what they want - to create a false sense of value. Their strategy is to get you to buy when they're selling and sell cheap when they're buying.
Consider Zenith Bank, which has outperformed in all aspects (Top and bottom lines) but is now experiencing massive dumping. This is likely to continue due to the 70% Forex gains and Rights Issue priced higher than the current market price. The same applies to other SWOOT banking stocks.
Don't fall for the trap; investment is a marathon, and real wealth is built in a bear market. If market makers attempt to drive FUGAZ prices down to less than 10% of the three-month low recorded in May 2024. This should create an order block for long-term self-investors. The win is in the waiting.
Red days are imminent, but don't run away - you can't trade or compete against market makers due to their deep pockets.
Zenith Bank at N31 is imminent. The concept is to buy low from impatient investors and sell to greedy investors at substantial prices. This is the secret of institutional stock investors and market makers globally. The only winners are long-term investors.
Some may argue that NGX is not the place for this, but I disagree. I still hold fundamentally sound stocks that have returned 700% ,600%, 400%, and 350% in my portfolio. This is the time to invest in fundamentally sound stocks. The OANDO wave will soon obey the law of gravity due to lack of fundamentals. Don't be greedy with the current momentum; it has happened before. In a few days, Customs Street market makers will subject OANDO to the gravitational law of attraction.
OANDO enthusiasts, savor the uptrend while it continues.
NB- I'm out of OANDO.

@Mankind2024, thank you for your cautious post.
IF OANDO closed with another strong bull today, then it might be targeting above 29.

Mankind2024:
"A note to NSEMPA's long-term investors"
Market makers are manipulating OANDO plc's share price, driving it up based on anticipated future revenue, untapped potential, and current momentum. while neglecting the trillion Naira humongous debts and liabilities of OANDO plc.
This is precisely what they want - to create a false sense of value. Their strategy is to get you to buy when they're selling and sell cheap when they're buying.
Consider Zenith Bank, which has outperformed in all aspects (Top and bottom lines) but is now experiencing massive dumping. This is likely to continue due to the 70% Forex gains and Rights Issue priced higher than the current market price. The same applies to other SWOOT banking stocks.
Don't fall for the trap; investment is a marathon, and real wealth is built in a bear market. If market makers attempt to drive FUGAZ prices down to less than 10% of the three-month low recorded in May 2024. This should create an order block for long-term self-investors. The win is in the waiting.
This is the time to invest in fundamentally sound stocks.....

A good note to long termers......
I however think the same OANDO should be better for long termers self.....because some long termers are currently sitting on more than +400% gains.......while some that bought high before are gradually recovering the losses..
My question is: Why should long termers run now that the stock is returning to profitability?
Has the debt not been there before now, even when the price was falling and no means of offsetting it?
What can we say about oil sector rallies that has seen the likes of Conoil around N150 from N17?
What evidence can we point at , that MM are actually manipulating the share price?
Just asking out of curiosity.
Thank you sir......

**NB: like you rightly mentioned, Banking stocks are responding to 70% FX tax from govt, all coming out same time for RI & PO.......and the likely panic of oncoming protests

sterlingD:

Omoh!!!
You take posting of this results personal.
Welldone . 🙌

Ginalex:
Chai... My beloved sugar ...

I am here please

Agbalowomeri:


I am here please

You are actually her bitter kola based on the way you've been taunting her on Dangote sugar

Mankind2024:
"A note to NSEMPA's long-term investors"
The Customs Street Market Maker Conspiracy Against Dividend-Paying Stocks on NGX.
Market makers are manipulating OANDO plc's share price, driving it up based on anticipated future revenue, untapped potential, and current momentum. while neglecting the trillion Naira humongous debts and liabilities of OANDO plc.
This is precisely what they want - to create a false sense of value. Their strategy is to get you to buy when they're selling and sell cheap when they're buying.
Consider Zenith Bank, which has outperformed in all aspects (Top and bottom lines) but is now experiencing massive dumping. This is likely to continue due to the 70% Forex gains and Rights Issue priced higher than the current market price. The same applies to other SWOOT banking stocks.
Don't fall for the trap; investment is a marathon, and real wealth is built in a bear market. If market makers attempt to drive FUGAZ prices down to less than 10% of the three-month low recorded in May 2024. This should create an order block for long-term self-investors. The win is in the waiting.
Red days are imminent, but don't run away - you can't trade or compete against market makers due to their deep pockets.
Zenith Bank at N31 is imminent. The concept is to buy low from impatient investors and sell to greedy investors at substantial prices. This is the secret of institutional stock investors and market makers globally. The only winners are long-term investors.
Some may argue that NGX is not the place for this, but I disagree. I still hold fundamentally sound stocks that have returned 700% ,600%, 400%, and 350% in my portfolio. This is the time to invest in fundamentally sound stocks. The OANDO wave will soon obey the law of gravity due to lack of fundamentals. Don't be greedy with the current momentum; it has happened before. In a few days, Customs Street market makers will subject OANDO to the gravitational law of attraction.
OANDO enthusiasts, savor the uptrend while it continues.
NB- I'm out of OANDO.

What if Oando releases very good quarterly result? What if they release some very good news? What do you think will be the price action? Don't be quick to write it off

Agbalowomeri:


Happy long stay😂

Na so you laugh for Oando na

Mankind2024:
"A note to NSEMPA's long-term investors"
The Customs Street Market Maker Conspiracy Against Dividend-Paying Stocks on NGX.
Market makers are manipulating OANDO plc's share price, driving it up based on anticipated future revenue, untapped potential, and current momentum. while neglecting the trillion Naira humongous debts and liabilities of OANDO plc.
This is precisely what they want - to create a false sense of value. Their strategy is to get you to buy when they're selling and sell cheap when they're buying.
Consider Zenith Bank, which has outperformed in all aspects (Top and bottom lines) but is now experiencing massive dumping. This is likely to continue due to the 70% Forex gains and Rights Issue priced higher than the current market price. The same applies to other SWOOT banking stocks.
Don't fall for the trap; investment is a marathon, and real wealth is built in a bear market. If market makers attempt to drive FUGAZ prices down to less than 10% of the three-month low recorded in May 2024. This should create an order block for long-term self-investors. The win is in the waiting.
Red days are imminent, but don't run away - you can't trade or compete against market makers due to their deep pockets.
Zenith Bank at N31 is imminent. The concept is to buy low from impatient investors and sell to greedy investors at substantial prices. This is the secret of institutional stock investors and market makers globally. The only winners are long-term investors.
Some may argue that NGX is not the place for this, but I disagree. I still hold fundamentally sound stocks that have returned 700% ,600%, 400%, and 350% in my portfolio. This is the time to invest in fundamentally sound stocks. The OANDO wave will soon obey the law of gravity due to lack of fundamentals. Don't be greedy with the current momentum; it has happened before. In a few days, Customs Street market makers will subject OANDO to the gravitational law of attraction.
OANDO enthusiasts, savor the uptrend while it continues.
NB- I'm out of OANDO.

What you typed (bolded) is not peculiar to Oando alone. It happens to all stocks in the NGX market. It is probably also happening to the stocks in your own portfolio as well, so the potential risk/exposure is systemic (i.e. market-wide) and not specific to only Oando.

The potential future earnings, assets and potentials of Oando may outweigh the current debts and liabilities. Industry and market analysts/watchers do consider a lot of these factors.
Have you estimated the value/worth of all the oil production resources (OML, OPL etc.) that Oando commands, especially after the ENI deal.? The value of those assets alone far outweigh the debts and liabilities.

DANGSUGAR IN ANOTHER HEAVY LOSS, A SELL?
The stock price currently hovering around Bullish Order Block. The stock has potential of reversal at this level. Wait for rejection candle for confirmation

PLAN YOUR TRADES TRADE YOUR PLANS

BullBearMkt:
DANGSUGAR IN ANOTHER HEAVY LOSS, A SELL?
The stock price currently hovering around Bullish Order Block. The stock has potential of reversal at this level. Wait for rejection candle for confirmation

PLAN YOUR TRADES TRADE YOUR PLANS

With this 1 trillion dollar loss?😂
N24 beacons

Agbalowomeri:


With this 1 trillion dollar loss?😂
N24 beacons

...you may be right, but it needs to go below 32 first!

Agbalowomeri:


With this 1 trillion dollar loss?😂
N24 beacons

Funny thing is, the stock might not have enough units to move inn price.

Intbrew managements are clowns,they posted the result highlights again! 'If you never see our loss,see am now' fire burn afa,somebody dey talk'increase in equity'

Heishere:


Chai. Na serious haircut this stock dey give person. Already down by 34% loss. I wonder how low it will go from here. By the way, someone mentioned to expected good news on Dangote foods soon.

Dey calm down...
Nestle & MTN had the same issues...
some quarters back...
But they are still holding up..

Ding jareee.