Logba:
Experts in the house , I am planning to buy caverton on Monday. I need your professional guide.

ojeysky:


It's out already o: https://doclib.ngxgroup.com/Financial_NewsDocs/34405_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC%20CAVERTON_OFFSHORE_.pdf

Nigerialabalaba:
Oga mi, Nov to Feb too short abeg except na jijo una dey recommend .

Make una dey buy d business not d stock. If u dey buy d business, u go sabi more about the business and dat stock. To sabi a business cycle wella, Nov to Feb no go dey enough. Igi pawpaw o ni wo pawa o.

klas:


There are two types of limited liability companies in Nigeria.
Company limited by shares and company limited by guarantee.

The companies limited by shares have shareholders and are most common. They have just the word “Limited” at the end of their names in case of private companies or “Plc” in case of public companies. Note that only a Plc company can be quoted on the stock exchange.

The companies limited by guarantee do not have share capital but their owners are called guarantors. They are mostly not-for-.profit entities though they may engage in activities for profit. They are denoted by the word “Limited by Guarantee” after their names.

Entities that would have registered as limited by guarantee prefer to register as Incorporated Trustee because of difficult registration process for limited by guarantee.

sonofElElyon:


Liability limited by shares. Even public companies are "limited". Companies that are not for profit are limited by guaranty, not shares.

The important part you should be interested in is the "private". After delisting it ceases to be a public company and will only be owned by few private individuals, basically the owners before it became a public company.. in other words, it returns to "status quo ante".

yMcy56:
COURTVILLE
Q3 was superb!!!
......From my layman's view......
https://doclib.ngxgroup.com/Financial_NewsDocs/34499_COURTEVILLE_BUSINESS_SOLUTIONS_PLC%20_QUARTER_3_%20_FINANC.pdf

119mba:

My dear the report is truly very good and they want all these goodies just for them alone hence delisting? I can't believe a stock selling for less than 0.50k has almost half a billion naira in cash or Oxygen as one Chief here will call it, he pointed it out and you guys highlighted it. And the delisting process I believe will be till next year according to their letter, the Shareholders meeting to approve, SEC and NSE approvals and then 3 Months minimum notice will get towards first quarter of next year.

Mpeace:
Okomu oil result is the bomb. EPS of 12.16 from 5.24.
This is overwhelming

Marketapprentic:
Please where is OANDO result? Has anyone seen it or have it? I want to look into it.

Cc
Mcy, Loco, samguru etc

Marketapprentic:
Please where is OANDO result? Has anyone seen it or have it? I want to look into it.

Cc
Mcy, Loco, samguru etc

longlife20:


Presco is better and cheaper
Presco eps q3= N3.65k. Year to date N13.78k from N5.03k, currently selling for N89
Okomu eps q3= N2.17k. Year to date N12.16k from N5.24k, currently selling for N135

longlife20:


Presco is better and cheaper
Presco eps q3= N3.65k. Year to date N13.78k from N5.03k, currently selling for N89
Okomu eps q3= N2.17k. Year to date N12.16k from N5.24k, currently selling for N135

Ofp1:

Is their dividend impressive? What is it like?

debeey87:


Perhaps they will improve this year. Both of them usually don't pay more than #2 and it's only once a year they pay

Presco is declaring an interim dividend of #1 so that should take their dividend total to about #3 except they increase the final dividend as well

samguru:


Both presco and Okomu are still very very cheap.

longlife20:


Presco is better and cheaper
Presco eps q3= N3.65k. Year to date N13.78k from N5.03k, currently selling for N89
Okomu eps q3= N2.17k. Year to date N12.16k from N5.24k, currently selling for N135

debeey87:


Perhaps they will improve this year. Both of them usually don't pay more than #2 and it's only once a year they pay

Presco is declaring an interim dividend of #1 so that should take their dividend total to about #3 except they increase the final dividend as well

samguru:


OANDO is a political stock,they are above the SEC and NSE rules.

The board will release their results at their convenient time.

OANDO is not a company any minority shareholder can shakara

locodemy:


This is one of my gambling stocks.
The mgt is not a transparent type.
How will you invest in a company that has a leadership tussle to the shareholders detriment.Those who has been bitten once by the company will not want it twice.

Oandos share price looks very cheap and can trade above #10 before year end but remember you can also be trapped if sec releases a circular against the company as we have seen it before.

Note: It is a good stock to TRADE but not a company that worth investment until transparency is seen.

longlife20:
The bomb in all the reports so far is Total Plc.
Eps q3= N15.67k against N3.06k last yr
YTD eps=N39.43k against N1.47k last yr.
Total might get to N55 to N60 eps at the end of the year. For me, they don't have business in sub N500.
This is not a recommendation to buy.

Valueinvestor:


Do you mean interim or final div, cos okomu paild N7 final div for last financial year

ukay2:


Am with OkomuOil plc

Marketapprentic:


But senior boss oga Emma was always highlighting WAPCO directly and indirectly. I had WAPCO in mind and my started buying too when I discovered the he was buying WAPCO cuz that Boss can never buy chaff . He uses microscope and telescope with plenty patience.

locodemy:


This is one of my gambling stocks.
The mgt is not a transparent type.
How will you invest in a company that has a leadership tussle to the shareholders detriment.Those who has been bitten once by the company will not want it twice.

Oandos share price looks very cheap and can trade above #10 before year end but remember you can also be trapped if sec releases a circular against the company as we have seen it before.

Note: It is a good stock to TRADE but not a company that worth investment until transparency is seen.

lexy2lexy:
WAPCO is fast approaching KM30, the journey to KM 40 continues shortly

sterlingD:
Any heads up on AIICO?