NewStats: 3,259,274 , 8,169,713 topics. Date: Saturday, 24 May 2025 at 03:48 PM 2s713i

Aradel price should have stabilized by now and looking to revert. But I am suprised at those still selling down. @sunrisepebble, how many units does that Private Equity firm owns? I suspect they are the ones selling majority of the volumes

GeeKudi:


I can only imagine the frustrations of those who bought at N800+ and from the look of things, it may go further down.

Times are hard, money is not so easy to come by in the current situation of the economy. Investors are not just going to throw money around until they are sure of what they are buying. It is the reason it appears the market is indifferent to the many calls for bull runs.

Well, most people who bought high are averaging down already. I know someone who have averaged down to #540 at at yesterday. I wish he waited till today, it would have been cheaper.

they own 700m+. Honestly, avoid the stock for now

ndept:
Aradel price should have stabilized by now and looking to revert. But I am suprised at those still selling down. @sunrisepebble, how many units does that Private Equity firm owns? I suspect they are the ones selling majority of the volumes

ojeysky:


What is their dividends qualification date?

20th of November

designking:
What is Aradel price right now?

Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.

GTCO and Zenith making me smile

ositadima1:


Yeah, there’s nowhere they can’t be used, as long as there is a time series of data points.

I know it can be used anywhere I just dont see the efficacy of using it with EPS

Xidget:
Well, most people who bought high are averaging down already. I know someone who have averaged down to #540 at at yesterday. I wish he waited till today, it would have been cheaper.

Averaging down is a very stressful exercise.

Sunrisepebble:
GTCO and Zenith making me smile

Smart money is taking position. Though I own more GTB than Zenith, Zenith is slightly cheaper at current prices.

ndept:
Aradel price should have stabilized by now and looking to revert. But I am suprised at those still selling down. @sunrisepebble, how many units does that Private Equity firm owns? I suspect they are the ones selling majority of the volumes

Lol do you know how many thousand percent people brought from NASD? Even if dem sell am N200, dem still dey hammer dey go

Locotrader:


Oga never like insurance stocks in his life.
This one he has time to check,if numbers is what one can rely on,this coming bull will be led by insurance stocks.
Results are too good
For the stock he is referring to my final answer is Mansard.Just checked the figures again.its good to go.

yMcy56:

You're right.....
MANSARD one of my suspects too 😊
Na we be insurance guru 😁
We wait for his tips too.

correct Mansard is the insurance. though cornerstone also cool but masard is ahead.

on the other side watch out for that Livestock

MaxX489:


Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.

I agree with you. Aradel is no where near the fundamentals of Seplat.

Aradel is a light weight and prices might dip more next week. Best option right now is to allow it bottom before buying.

MaxX489:


Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.

Chaii!!. This your submission can cause HBP oo

nosa2:


I know it can be used anywhere I just dont see the efficacy of using it with EPS

Because EPS fluctuates from year to year, certain years may show a very high EPS due to factors like reduced interest rates or unsustainable revenue jumps. In other years, unfavorable events can pull EPS down. The idea is that an average will smooth out these anomalies and outliers. You’re likely familiar with this concept from stock movements; the same approach applies to physical quantities like temperature, humidity, and more.

GeeKudi:


Averaging down is a very stressful exercise.

...have a "mechanical" rule & stick to it!

MaxX489:


Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.

Will it go down to N200.
I bought at a high price but want to average down but I have limited money.

Mansard
Renewed interest on the stock.
If that 6m units is broken today,mansard will finally have its way to full trutle

Let's see how far insurance stocks can go

GeeKudi:


Averaging down is a very stressful exercise.

Dividend investors in stocks with good fundamentals would enjoy it though

designking:

I agree with you. Aradel is no where near the fundamentals of Seplat.

Aradel is a light weight and prices might dip more next week. Best option right now is to allow it bottom before buying.

the question then becomes
What IF it doesn't bottom out ?
Isn't it better to use the laddering approach to enter the stock IF there is a common consensus that the business is going "somewhere" ?

BullBearMkt:

...have a "mechanical" rule & stick to it!

Damn right

RodgersAkpafu:


the question then becomes
What IF it doesn't bottom out ?
Isn't it better to use the laddering approach to enter the stock IF there is a common consensus that the business is going "somewhere" ?

Yes, that is what I have been doing. I have been buying 1,000 units every time it dips (10%).

We can't tell for sure if this will continue till ₦200.

ositadima1:


Because EPS fluctuates from year to year, certain years may show a very high EPS due to factors like reduced interest rates or unsustainable revenue jumps. In other years, unfavorable events can pull EPS down. The idea is that an average will smooth out these anomalies and outliers. You’re likely familiar with this concept from stock movements; the same approach applies to physical quantities like temperature, humidity, and more.

I know what you are saying but you are trying to turn an art into a science and it is futile

currentprice:




correct Mansard is the insurance. though cornerstone also cool but masard is ahead.

on the other side watch out for that Livestock

Mansard a winning insurance stocks.i agree with you.

Have you checked cileasing before pointing livestock?

designking:

Yes, that is what I have been doing. I have been buying 1,000 units every time it dips (10%).

We can't tell for sure if this will continue till ₦200.

that's interesting

However oil sector is just 5% of my sectoral portfolio allocation
So I can't buy so much
Total and Aradel is competing for that 5%

Cheers

nosa2:


I know what you are saying but you are trying to turn an art into a science and it is futile

Prediction is very much an art. Your valuation of GTCO, for instance, is also an art because you made assumptions to arrive at a specific number. You do have a number in mind that you believe reflects GTCO's value, right? How did you arrive at that number, and what assumptions did you make?

Applying concepts logically is always better than ignoring them (in your case saying it is futile) . Someone who doesn’t calculate and simply assumes GTCO is undervalued is likely to get burned sooner or later if they don’t know where to stop buying. This is just an example to illustrate my point.

Locotrader:


Mansard a winning insurance stocks.i agree with you.

Have you checked cileasing before pointing livestock?

have being checking cilea to Q2 everything was looking cool until i get to the roe of 4% which is not near my requirement though still selling below it FP

though livestock price has move faster than the latest result but future shows better

Hello my bosses. Please what do you think is the cause of naira appreciation since a few days ago?
I have more than $1k worth but I'm skeptical about converting it to naira.

Naira appreciation, where ?

Babygal2020:
Hello my bosses. Please what do you think is the cause of naira appreciation since a few days ago?
I have more than $1k worth but I'm skeptical about converting it to naira.

currentprice:
correct Mansard is the insurance. though cornerstone also cool but masard is ahead.

on the other side watch out for that Livestock

Thanks boss.
Means my eyes too dey see road small be that....
Your post bookmarked!
You're right about the Livestock pointer as well Sir.
God bless sir. 😊

Babygal2020:
Hello my bosses. Please what do you think is the cause of naira appreciation since a few days ago?
I have more than $1k worth but I'm skeptical about converting it to naira.

megawealth01:

No laugh me abeg. I be woman. We too dey panic ni

Babygal2020:
Hello my bosses. Please what do you think is the cause of naira appreciation since a few days ago?
I have more than $1k worth but I'm skeptical about converting it to naira.

It's likely to be short-term (if the Naira appreciates - USDNGN falls)