NewStats: 3,264,655 , 8,184,358 topics. Date: Wednesday, 11 June 2025 at 09:36 PM 461g35

Sunrisepebble:
Wapco has declared dividend o and it is not pleasant

Oga Emma is the winner here.

And now Forex rate is going down, price of the actual buyout may also be affected negatively for investors.

I still have a few units left and will wait.

Streetinvestor2:
What I know is crude oil is going nowhere till christ returns. ALL this renewable and green energy na noise.
Africans that can not afford new cars still they manage tukunbo cars way old 10 yrs.
Or is it that thing the call solar energy that you will spend over 4 million and it only carries lighting points,fan and other light equipment in the house.Then after 2 /3 yrs you are told the batteries has expired for you to bring above 2 million again to replace them.How many of those heavy factories in china and India are being runed by such energy.
We never see power supply to take do better thing with the 5kmw plus that is being generated na the one to charge car.
In the next 20yrs alhaji never recover the 20 B dollars he invested in that refinery na him you dey take say oil will be less important. Na big lie..
Oyibo no wan make we use oil money too to develop our country after they have developed thr own

Boss, you guys need to try to experiment with solar s and inverter in order to confirm some of these numbers.

ittedly, it used to be so but not anymore.

Since the advent of tier 1 solar s and Lithium Iron Phosphate batteries, a lot of households are using solar alone for all their power needs for the better part of 5 years. Power needs include cooling (ACs and Fridges), cooking, lighting and many more. You may want to navigate through Nairaland to read firsthand from actual s.

People are running away from NGX due to 2008, the same way people who trialed RE with Lead Acid batteries, makeshift s and dumb inverters are running away from it.

Nigerian Breweries on Full Bid. Wetin dey sup

@Oga Mega, I buy this your reco o. We gather dey

unite4real:


.sure you are joking about the N500 Billion.
How is that possible.
Even if 1 unit is N10,000 a single 100k units should be N1 Billion

Mpeace:
The price limit is not even the main issue. The main issue is the 100k single unit requirement for price movement. There is a stock on NSE that trades at N1million per unit. That stock needs a single transaction of N100billion to make any move.
Seplat needs a single transaction worth over N500billion to make a single move. Whereas some stocks need only less than N50k to make a single move.
That to me is the rule we need to change.

That rule probably does not apply to all securities. NEWGOLD ETF, for instance, definitely does not follow that rule.

Valthegreat:


NASD is also a NIGERIAN STOCK EXCHANGE because they are regulated by same SEC.
Except if the group is meant for NGX quoted stocks only.
I stand to be corrected though.

NGX used to be NSE (NIGERIAN STOCK EXCHANGE) when this thread was started.

Xidget:
If you pursue a career in stand-up comedy, I assure you, you will make it.

Comedy content creation makes more money now and entry is unrestricted. He can easily become a billionaire in naira in one year after many months of cashing out dollars from streaming services like YouTube, Instagram, Facebook, TikTok, etc.

edwardaigb:
Late last year, I picked 1 Million units of Tantalizer at #1.05 after the success of the right issue. Few months later I sold at #1.60. Today Tantalizer is #2.7. The rest is history. I have learnt to close my ears to the noise on any stock I pick after my due diligence. God Bless us all.

Patience is fool-proof in the NGX, I figured!

chimex38:

waiting for rumour of rice @10k/bag.

Production would need to be ramped up, inflation drastically reduced, for any chance of that happening.

thebargainhunte:
https://www.vanguardngr.com/2025/01/fg-approves-telcos-tariff-increase/amp/

Fg approves telcos tariff increase. No wonder MTN was flying today

I know when it was being denied that it was in the works. Naija never disappoints with debunking rumours and finally doing what they debunked.

Sunrisepebble:
Banks annualized EPS (without dilution) based on Q3 results
Zenith 35 EPS, PE1.32
UBA 19EPS, PE1.77
GTCO 52 EPS, PE1.1
Access 16.5 EPS, PE1.4

GTCO appears the cheapest

BullBearMkt:

You go pay o!

When I become billionaire like Megawealth and others here

BullBearMkt:
I recently came across this attached 150-year-old chart created by a farmer named Samuel Benner in 1875. How relevant is this chart, particularly to the Nigerian Stock Market? That’s the first question I asked myself. Looking at the recent yearly data of the NGX ASI, it appears to be quite relevant. We are now moving towards "B," the good times, which are projected to end by 2026 - three years after 2023.

PLAN YOUR TRADES AND TRADE YOUR PLANS

JPEG saved

megawealth01:
Market Wrap: All-Share Index climbs to 103,586 points; CHAMS and OMATEK top gainers 

https://nairametrics.com/2025/01/03/market-wrap-all-share-index-climbs-to-103586-points-chams-and-omatek-top-gainers/

Curious to know who the long-standing CHAMS seller was and why they were selling. Whoever they are, they really had a very large quantity of the stock.

Raider76:
How do you expect the market to start the New Year tomorrow?

Bullish

Picky1:
Guy's, please what is the NGX opening and closing times for tomorrow?
Cheers!

It will open normally but close by 12.30pm

RodgersAkpafu:


Honestly speaking, this is not right, or fair to the telecoms providers.
If the govt insists on holding steady the rates (which btw is "uncapitalistic" and anti free market), what are they offering in return in exchange to cushion the effects of hike in operational and finance costs, as well as FX exposure losses ?

When I call these lot dummies now, riff raffs will come for my neck
Other sectors are adjusting prices

This is just a mess and a disgrace

They may deny now but it will surely happen. We are used to those kinds of denials. The PAs have to be busy with something to justify their paycheck nau

Since when did we start taking the denials seriously?

Raider76:
NCC Debunked reported tariff hike in Telecoms

https://leadership.ng/ncc-debunks-reports-of-planned-tariff-hike-on-telecoms-services/

Slowly but surely

Sunrisepebble:
Exactly, also, most of their lease agreements with tower companies like IHS were paid in dollars, they have renegotiated some of these contracts and are now paying in naira.

I don’t expect much on the dividend front tbh. The yield has always been poor but with an increase of let’s say 40% in tariff, and less FX impact. I see the price in the 250-300 range again based on FY 25 results

If I will be buying MTNN, it will be for the bolded reason only.

Streetinvestor2:
So do you see thr price doing 100% in 2025 based on last closing price. Na 100 % be my yard stick for 2025.Then it could go slow from 2026.The naija stocks need to reprice the new reality of naija as per exchange rate/inflation in 2025.
Though some have already done it in 2024

I am seeing things but they are not clear at all

What I would say is that they will certainly perform better going forward. Did I say certainly?

Nothing is certain jare. More adverse macro-economic policies may spring up again, who knows.

Bovis:


Fair enough but other companies in the same sector in Nigeria are reporting growth and profit. I’m also wary of the huge debts. I think they may be diverting some of the Nigerian funds into other countries.

I just don’t trust most South African companies operating in Nigeria. They see us as their cash cows

Your assumptions might well be factual as there's no smoke without fire.

Bovis:


Well done bro for agreeing to quit the ramblings. I’m with you in Airtel and NB already. I don’t trust the management of MTN in Nigeria due to many factors and past events

Additionally, the last result losses may have been exaggerated because the company seems to be making huge profits in other developing countries similar to ours. Just my opinion oo!

They were not allowed to increase tariff in the presence of the unrelenting inflation and naira depreciation. It's impossible not to make losses since they use services of firms and plants that charge in dollars. I saw they have been allowed recently. So, supposedly, they will increase prices of their services and begin breaking even.

currentprice:




compliment bro. I can see you are eager to know the FP of uacn from your post over few days... bear in mind, given a fair value here does not mean the stock will get to that price or the price will not go above the fp. the koko is enter a good company and get out at your target... valuation of a company is continuous... FP may worth N10 this quarter and worth less or more in the next quarter report... I when I gave alert on Nacho @ less than N6.. as it then my valuation price was N26. I personally sold mine at N27. today the price is N46 .

for me I do try to carry good researches and seek some of my Ogas opinions on a stock before pointing it out. I will never come here to point out a stock based on hope or MH, UACN has been below N10 for some months but never worth pointing out based on my bedsheet.. no alert of such but when it move close to N20 and the FA look good on bedsheet , it become attractive for Alert.

..to your post on UACN fp, my bedsheet based on their latest report so far is N45 it could get better or worst with new information any time

Thanks for this Chief. I used to deduce FPs using dividend, inflation rates, etc. I have not been up to date with my FA skills recently and UACN isn't particularly a good dividend stock. I entered the stock sometime last year and was happy when I see you recommend it again.

Agbalowomeri:


Only people who lose an intellectual engagement and are unable to articulate clear alternatives, resort to personal attacks

Time will vindicate or vilify all policies

Politics, like faith, makes people sentimental and dangerously emotional.

Problem with these political reders is that instead of focusing on political strategies and policies of the politicians/government, we would soon start personal attacks.

chimex38:
Lol.. "DD not needed"

Red Flag

Merry Christmas everyone

BullBearMkt:

I don tell Agba to leave Ichimoku but rather stick to price actions. You want to sell outside the cloud and buy inside the cloud

It appears to indicate he's right about wanting to sell now since the other 3 Ichimoku lines are above the cloud. Also, the candles show today closed with a negative doji - a shooting star that may indicate downtrend.

EDIT: Checked the live chart and today did not close with a shooting star but rather a bullish engulfing pattern that may indicate further uptrend

BullBearMkt:

...outside the cloud is more dangerous and riskier than in the cloud

Oga Agba come o

Agbalowomeri:
For those in a hurry to sell

Give it two weeks in January

The bull has just landed

I don't understand Ichimoku, but I see the lines above the cloud

ndept:
Please be fair to those pointing out stock. It is not their obligation to tell you when to sell. You are the one that knows how much you bought and should be able to determine your target and when to exit. I come in peace o.

Okay sir

What I am asking Mega is different though.

megawealth01:


I only point out stock if necessary but short, mid or long term is the duty of my followers to decide after doing their DD

Okay o

But what was the basis for pointing it out in the first place? We can take it from there.