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Nigerian Stock Exchange Market Pick Alerts - Investment (8046) - Nairaland 2y1616

Nigerian Stock Exchange Market Pick Alerts (13110238 Views)

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narite: 12:10pm On Aug 23, 2024
yMcy56:
Boss Mankind2024 abeg stop the joke ooo.
Na online we dey. smiley
Thanks for the appreciation.
I'm glad your UCAP and other stocks are putting smiles on your face.
We should all rather be grateful to The Almighty God And our Ogas here.......they've done well and are doing fantastically great too.........including you.
You're all appreciated . πŸ™Œ
Seriously, are you a financial analyst offline by profession or You just pick this on the street?
modupeshow: 12:11pm On Aug 23, 2024
megawealth01:


My Access grin

Sir please come and buy shares 😭😭🀣🀣
megawealth01: 12:12pm On Aug 23, 2024
narite:

Seriously, are you a financial analyst offline by profession or You just pick this on the street?

Which one be pick for street? grin
megawealth01: 12:14pm On Aug 23, 2024
modupeshow:


Sir please come and buy shares 😭😭🀣🀣

I'm ok with the quantity I have from the days of 6+ and sub
narite: 12:17pm On Aug 23, 2024
megawealth01:


Which one be pick for street? grin
I meant something you develop on your own, no formal education at all.
Bbbwings: 12:18pm On Aug 23, 2024
Hello if someone buys rr24access doe it transfer to real access shares
megawealth01: 12:22pm On Aug 23, 2024
narite:

I meant something you develop on your own, no formal education at all.

Ok
purity2all(m): 12:25pm On Aug 23, 2024
Bbbwings:
Hello if someone buys rr24access doe it transfer to real access shares

😲😁

You wan make 0.002k translate to N19.00

3 Likes

megawealth01: 12:32pm On Aug 23, 2024
purity2all:


😲😁

You wan make 0.002k translate to N19.00

That's crypto grin

https://nairametrics.com/2024/08/22/crypto-trader-turns-1000-into-400000-trading-trons-memecoin-sunwukong/

How Shiba Inu made me fortunes overnight... I get plenty story to tell but definitely not on this faceless platform

4 Likes

designking: 12:38pm On Aug 23, 2024
Oando is consistently doing 10% growth for the past days now. This stock seem to be heading towards ₦100.

The momentum is not waning soon, the buy orders are not fulfilling... It is taking forever to get in.

I currently have 50,000 units of Oando, I am regretting why I didn't do 200,000 units. I bought ₦20+

eddyakinrinde(m): 12:48pm On Aug 23, 2024
Seriously, are you a financial analyst offline by profession or You just pick this on the street?[ Seriously, I hope she will one day become our own naija 'Cathie wood" if she is not already]
megawealth01: 12:48pm On Aug 23, 2024
Inflation pushes Nigerians to borrow N4.82 trillion from banks in three monthsΒ 

https://nairametrics.com/2024/08/23/inflation-pushes-nigerians-to-borrow-n4-82-trillion-from-banks-in-three-months/
megawealth01: 12:49pm On Aug 23, 2024
megawealth01:
Inflation pushes Nigerians to borrow N4.82 trillion from banks in three monthsΒ 

https://nairametrics.com/2024/08/23/inflation-pushes-nigerians-to-borrow-n4-82-trillion-from-banks-in-three-months/

Has it gotten to this?
Heishere: 12:51pm On Aug 23, 2024
modupeshow:


Sir please come and buy shares 😭😭🀣🀣

If you go sell am for N10, we will buy

1 Like

GeeKudi: 12:54pm On Aug 23, 2024
designking:
Oando is consistently doing 10% growth for the past days now. This stock seem to be heading towards ₦100.

The momentum is not waning soon, the buy orders are not fulfilling... It is taking forever to get in.

I currently have 50,000 units of Oando, I am regretting why I didn't do 200,000 units. I bought ₦20+

My first pick was @15, raised the units to 54k @20 and later averaged up @30+ to over 70k units.
I had the ability to pick over 200k units at the time, but it is what it is.
designking: 1:04pm On Aug 23, 2024
GeeKudi:


My first pick was @15, raised the units to 54k @20 and later averaged up @30+ to over 70k units.
I had the ability to pick over 200k units at the time, but it is what it is.

I envy you ooo. 70k units is huge right now. My fear is that with a Dangote refinery working next month, the news alone will drive huge foreign investments into Nigeria capital market mainly targetting the Oil and Gas shares. Oando happens to be the cheapest oil shares right now (I mean oil and gas with prospect).

I predict Oando will see ₦100/share in September cos the market sentiment and early positioning is pushing this stock really hard.
megawealth01: 1:09pm On Aug 23, 2024
Heishere:


If you go sell am for N10, we will buy

You eh grin
Krisuba: 1:23pm On Aug 23, 2024
@ sis mcy. Or anybody with Morgan customer care number should please help need to reach them before biz closes!!
Thanks
cocolacec(m): 1:30pm On Aug 23, 2024
Krisuba:
@ sis mcy. Or anybody with Morgan customer care number should please help need to reach them before biz closes!!
Thanks

effiong asuquo 0802 8110508
GeeKudi: 1:32pm On Aug 23, 2024
designking:


I envy you ooo. 70k units is huge right now. My fear is that with a Dangote refinery working next month, the news alone will drive huge foreign investments into Nigeria capital market mainly targetting the Oil and Gas shares. Oando happens to be the cheapest oil shares right now (I mean oil and gas with prospect).

I predict Oando will see ₦100/share in September cos the market sentiment and early positioning is pushing this stock really hard.

There is every indication to hope that the stock will continue to do well at least in the next few years.

There will also be opprtunities to pick up more units at pull backs.

The Nigerian Stock Exchange is set for an explosion when Dangote finally lists the refinery on the exchange. can't wait.

1 Like

Omooloriredade: 1:33pm On Aug 23, 2024
Omooloriredade:


I don't know about buying a stock and going to sleep o. If it's to make money and get out, 2025 is Japaul's year in my opinion.

IF they can successfully complete their gold exploration activities, commence refinery operations (or at least be close to starting it).
They will be back to positive equity off the back of the recently concluded placement.

SP catalysts to look out for:
* Commencement of their N25B dredging contract in the Lekki/Ikoyi axis. This remains their major source of revenue for now.
* Successful completion of their diamond drilling program that could lead to a gold discovery and increase their reserve.
* Completion of their gold processing plant, refinery and other acquisitions.
* Ramping up of their mining business.
* Bonus is if private placement was to institutional or foreign investors. I don't think so though. The new shares represent 57% of the issued share capital.

These are all FA events but not what most here are familiar with. Same situation with Oando.

Disclaimer - This is not a recommendation to buy or sell Japaul. I have been wrong many times before.

So I have been banned from posting about Oando cheesy I'll take the back seat on that one.

Shey I can sha post about Japaul. tongue

Let me start with this news first:

https://www.prweb.com/releases/japaul-gold-secures-20-million-capital-commitment-from-global-emerging-markets-gem-302228359.html

A Share Subscription Agreement with GEM (a $3.4B alternative investment group). Japaul draws down on this facility as needed and issues shares to GEM. Not a bad deal.

If anyone is keen, go have a look at their new look website:
https://www.japaulgroup.com/

Apparently, Mining of solid minerals is the new focus and they have since established a new team to run with it. MD/CEO started early 2024. Team in place to manage the business.
https://www.japaulgroup.com/executive-member#

Pretty sure they still have a multi-billion NAIRA dredging contract to execute but I'm keen to see how they go with their mining experiment. Hilarious that they referred to their dredging business like it's past tense now cheesy
I'm inclined to think they have completed some sort of drilling at one of their sites in Osun state. They are currently prospecting for Gold in Osun state. Result collection and lab analysis maybe the next step. I'll be looking out for their results. A sizeable gold discovery will be a company maker on its own.


I wish them well and hope they find something economically viable.

Disclaimer - I may be posting my findings or providing commentary to news but they are in no way recommendations to BUY or SELL Japaul. There is no guarantee they'll succeed in the mining business.

5 Likes

Krisuba: 1:34pm On Aug 23, 2024
cocolacec:


effiong asuquo 0802 8110508

Thanks. But he is not picking up!!
megawealth01: 1:37pm On Aug 23, 2024
Omooloriredade:


So I have been banned from posting about Oando cheesy I'll take the back seat on that one.

Shey I can sha post about Japaul. tongue

Let me start with this news first:

https://www.prweb.com/releases/japaul-gold-secures-20-million-capital-commitment-from-global-emerging-markets-gem-302228359.html

A Share Subscription Agreement with GEM (a $3.4B alternative investment group). Japaul draws down on this facility as needed and issues shares to GEM. Not a bad deal.

If anyone is keen, go have a look at their new look website:
https://www.japaulgroup.com/

Apparently, Mining of solid minerals is the new focus and they have since established a new team to run with it. MD/CEO started early 2024. Team in place to manage the business.
https://www.japaulgroup.com/executive-member#

Pretty sure they still have a multi-billion dollar dredging contract to execute but I'm keen to see how they go with their mining experiment. Hilarious that they referred to their dredging business like it's past tense now cheesy
I'm inclined to think they have completed some sort of drilling at one of their sites in Osun state. They are currently prospecting for Gold in Osun state. Result collection and lab analysis maybe the next step. I'll be looking out for their results. A sizeable gold discovery will be a company maker on its own.


I wish them well and hope they find something economically viable.

Disclaimer - I may be posting my findings or providing commentary to news but they are in no way recommendations to BUY or SELL Japaul. There is no guarantee they'll succeed in the mining business.

In summary it will increase or decrease?
Omooloriredade: 1:39pm On Aug 23, 2024
megawealth01:


In summary it will increase or decrease?

Unfortunately, I couldn't tell ya. I suppose we all sit back and watch as things unfold in the coming months?
Sunrisepebble: 1:39pm On Aug 23, 2024
Total Energies Full bid
cocolacec(m): 1:40pm On Aug 23, 2024
Krisuba:


Thanks. But he is not picking up!!
Try these numbers

Mpeace(m): 1:43pm On Aug 23, 2024
Sunrisepebble:
Total Energies Full bid
Wow this is lovely. It has also recorded an official price increase. Now 563. We move... grin
megawealth01: 1:45pm On Aug 23, 2024
Omooloriredade:


Unfortunately, I couldn't tell ya. I suppose we all sit back and watch as things unfold in the coming months?

Talk joor... You know I don't bash people... I'm too matured for that
megawealth01: 1:45pm On Aug 23, 2024
modupeshow: 1:47pm On Aug 23, 2024
Heishere:


If you go sell am for N10, we will buy

God abeg 🀣🀣
ololufemi: 1:55pm On Aug 23, 2024
narite:

Seriously, are you a financial analyst offline by profession or You just pick this on the street?

Oga Ade, no vex o but which one be "pick off the street" like say na bubble gum or toffee wey fall from person pocket? πŸ€¦πŸ½β€β™‚οΈ

Sometimes the way una go come from other forums come dey try dagbo with some things for this forum like say na hood una dey especially when una don mark territory from that una crypto side. πŸ™„

1 Like

Omooloriredade: 1:58pm On Aug 23, 2024
megawealth01:


Talk joor... You know I don't bash people... I'm too matured for that

Haha.... But I don't know the future nah!

If they announce a gold discovery, chances are the SP will rerate. I listed the possible SP catalysts in previous post.

If they are unfortunate to not find gold in commercial quantities which is also a probability, yawa don gas be that.

Unfortunately, unlike other market jurisdictions they don't report exploration progress so investors can act early.

They intend to acquire some assets and develop them, so the future still looks bright. They are also sitting on one or two discoveries but not sure how substantial it is. Looking forward to the near future for this company.

1 Like

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