NewStats: 3,262,641 , 8,177,765 topics. Date: Tuesday, 03 June 2025 at 06:59 AM 2l3v5v

designking:


I have some units of it though very little... Was thinking of selling off those units

Why didn't you sell when we were offloading at range $36-38?

Ding !

Ding

Fidson blasting like Calverton... Full bid daily and no substantial fundamental....

At current price, Oando remains very attractive. Those who miss this opportunity will chase it at 100+. Watch out!

ProphetUtuocha:
At current price, Oando remains very attractive. Those who miss this opportunity will chase it at 100+. Watch out!

Oando needs to fall further today for a great entry price

ProphetUtuocha:
At current price, Oando remains very attractive. Those who miss this opportunity will chase it at 100+. Watch out!

Prophet please take things easy till today I never recover from the truma of missing out on Oando.which one be chasing again.

designking:
Fidson blasting like Calverton... Full bid daily and no substantial fundamental....

Due to news(SA) for Fidson I think.
It was posted yesterday.

They are entering into a plant manufacturing agreement with Chinese firms in Lagos Free trade zone.

https://stocksng.com/fidson-signs-partnership-agreement-with-3-chinese-firms-to-tackle-hiv-in-africa/

designking:
Won't the price drop? Given that the original owners are pulling out?

Sales will likely come at a price.

yMcy56:

Sales will likely come.at a price.

You are very right... The PZ share price soar this morning.

crownprince2017:
Please house what is the implication of cost price being overstated in one portfolio.

My VFD cost price was overstated by meristem and I have been mailing them to that effect but they are yet to resolve it.

Overstated as how?
Has your bonus been added to your portfolio?

OakPearl:


We should have understood these people by now na.
They only came to the market when they need funding that’s beyond their capacity.
And when they make enough money and the future looks much brighter, they have a rethink about their existence on the NGX and delist to go private and enjoy alone.
We too now have to be smarter and play the game with them accordingly.

I think there should be a gov policy to make such companies list to grow the NGX, just like the Buhari gov got MTN to list.

Btw did you see them declaring N300b profit? If they were listed it will be loss they declare with all sorts of excuses like FX losses. The ways companies cheat investors and escape taxes is too much.

Raider76:


I think there should be a gov policy to make such companies list to grow the NGX, just like the Buhari gov got MTN to list.

Btw did you see them declaring N300b profit? If they were listed it will be loss they declare with all sorts of excuses like FX losses. The ways companies cheat investors and escape taxes is too much.

As in eh

Raider76:


I think there should be a gov policy to make such companies list to grow the NGX, just like the Buhari gov got MTN to list.

Btw did you see them declaring N300b profit? If they were listed it will be loss they declare with all sorts of excuses like FX losses. The ways companies cheat investors and escape taxes is too much.

I believe that any business generating over $1 billion in revenue, including government-owned enterprises, should be required to list on the stock market. This would greatly enhance ability and transparency within our socio-economic landscape as a nation.

yMcy56:

Overstated as how?
Has your bonus been added to your portfolio?

yMcy56:

Overstated as how?
Has your bonus been added to your portfolio?

Yes but the cost price is way higher than my entry price before adding bonus.
For example if I bought at 190 is it not suppose to be 190/5=38 that supposed to be my new cost price but they put 74.43 instead.

If PZ are selling their Nigerian subsidiary, then after post-sale, what does it benefit a foreign company with better Forex to still be listed on NGX and yet have no physical presence In Nigeria?

Probably, they would still delist in the near future
Just thinking...

UACN
Quite a lot of bids.......
Someone somewhere is playing game......
Placed single offer of over 4M, then removed it again....
His intention is to drag down the price from the look of things....
If you have your UACN, hold it for now......

*my opinion....if you think otherwise, you're the CEO of your portfolio, follow ur findings or instincts.

designking:
Fidson blasting like Calverton... Full bid daily and no substantial fundamental....

O
I wonder what you regard as fundamentals, so because company have fx issues and still in profit just that the margin has reduced now translate to no fundamentals.

People will never seize to amaze me here..

A leader in her sector for that matter.

Na oando and japaul get fundamentals abi..

Raider76:


I think there should be a gov policy to make such companies list to grow the NGX, just like the Buhari gov got MTN to list.

Btw did you see them declaring N300b profit? If they were listed it will be loss they declare with all sorts of excuses like FX losses. The ways companies cheat investors and escape taxes is too much.

This is where a vibrant shareholders forum comes in.
But that aspect of our investment community has been polarized and watered down badly.
I the days of Sunny Nwosu and co in the 1990’s who would fight for shareholders rights and corporate activism to keep management of listed companies on their toes and instilling corporate governance.
All those things have been destroyed by brown envelop tactics.

crownprince2017:
Yes but the cost price is way higher than my entry price before adding bonus.
For example if I bought at 190 is it not suppose to be 190/5=38 that supposed to be my new cost price but they put 74.43 instead.

Lol.
What happened there was an average price of the previous cost price + the price of the new bonus added.

For instance, if your cost price (before bonus) was 190, then price of the bonus comes as 45 (current market price), then, the average cost price should be calculated based on 190 and 45.

However, if you check your cost value, you should ordinarily be in profit now.......

Whatever loss you might be seeing now should translate to profit for you once the share price appreciates OR you pick more to average it down.

I equally believed the "Selling Price" has been factored into the cost price, reasonthe cost price is still up as well.........but still request for Meristem's explanation anyway.
OR if anyone have better explanation pls share.

Tpharell:

Africa and the rest of the developing world cannot achieve the level of industrial revolution the west experienced in the 19th & 20th century without fossil fuels. The power requirements of a large scale car plant can hardly be generated by today’s available renewable energy sources. Haven’t heard of one powered by windmills or sunlight.

It is almost inexplicable that the same west that used petroleum and coal to catalyze its industrial revolution are now preaching climate change and green energy to those on the cusp of industrial development.

How can Nigeria generate enough power to boost it’s abysmal wattage and overcome it’s crippling power challenges, if not by a source even more revolutionary than fossil, a source like nuclear?

Maybe they don't want those who are down to climb up.
They want to remove the ladder

OakPearl:


This is where a vibrant shareholders forum comes in.
But that aspect of our investment community has been polarized and watered down badly.
I the days of Sunny Nwosu and co in the 1990’s who would fight for shareholders rights and corporate activism to keep management of listed companies on their toes and instilling corporate governance.
All those things have been destroyed by brown envelop tactics.

Did you say shareholders forum/association? Does Nigeria have any that's checking these companies?

I feel those parading themselves as association are probably on the payrolls of these companies?

Carveton

Carveton

Carveton

Is this Stock what the gamble?

How risky is entering the race today?

Timely analysis/ response much appreciated.

Gracias

Linkassure on the move small small.

jckgroup1:

Carveton

Carveton

Carveton

Is this Stock what the gamble?

How risky is entering the race today?

Timely analysis/ response much appreciated.

Gracias

Mr Time has proven that all my calls dey make people here multimillionaires sha...

I love what CAVERTON is doing...

All you need if you want to be following my calls just have reserved funds for GAMBLES so that once I call a stock you enter and forget the stock to Mr. Time to do its work in the fullness... No matter how long it takes you will have the last LAUGH...

Some said I don't do proper research before committing my funds and leading others to dead/semi-dead companies based on statistics... Make I borrow bulaba word "na statistics we go chop"...? Learn to build funds before following statistics and endless analysis. But Mr Time is a justifier las las

You need PATIENCE in this game.

I want to believe una don sell JEGEDE UNITED finish abi una still get to offload today?

Bring it ON... Those BUYING are still on ground


DYOR

If you have UBA shares, hold it tight o!! e get why o

megawealth01:
Mr Time has proven that all my calls dey make people here multimillionaires sha...

I love what CAVERTON is doing...

All you need if you want to be following my calls just have reserved funds for GAMBLES so that once I call a stock you enter and forget the stock to Mr. Time to do its work in the fullness... No matter how long it takes you will have the last LAUGH...

Some said I don't do proper research before committing my funds and leading others to dead/semi-dead companies based on statistics... Make I borrow bulaba word "na statistics we go chop"...? Learn to build funds before following statistics and endless analysis. But Mr Time is a justifier las las

You need PATIENCE in this game.

I want to believe una don sell JEGEDE UNITED finish abi una still get to offload today?

Bring it ON... Those BUYING are still on ground


DYOR

Oga Megawealth
I greet you specially....

I believe your calls but can this still be considered your call?

Madam yMcy for your perusal and comment.

jckgroup1:

Carveton

Carveton

Carveton

Is this Stock what the gamble?

How risky is entering the race today?

Timely analysis/ response much appreciated.

Gracias

dapix:
If you have UBA shares, hold it tight o!! e get why o

Still on hold till dividend.