₦airaland Forum

faoogoke:
My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87

E gba mi o!

faoogoke:
My broker sold mine on Monday for a process I initiated the day the offer took off.
Contact your broker and give them no rest.
I hope you make it with little time left for the offer to end.

sterlingD:
What happened is this as stated on page 11of the financial statement

Basic earnings per share are calculated by dividing the profit for the year attributable to shareholders by the weighted average number of ordinary shares in issue during the year.

The calculation of basic earnings per share as at 31stMarch2025 was based on the profit attributable to ordinary shareholders and weighted average number of ordinary shares outstanding:

The figure circled in yellow was what was used to calculate the EPS which was then annualized

35,800,740 / 17, 858,502 = 2.004689

Annualized 2.004689 * 4 = 8.0188 approx. to 8.02

l am still trying to understand the factor that they used to arrive at the weighted average. They have been using this method. l went back to review last year's quarterly financial statement and l noticed this same patten was used to calculated and arrive at EPS for each quarter which was then annualized

yMcy56:
NASCON or DS?
NASCON will still find it's feet back I Blvd.
E go reach a time when both go Waka separate, because I can't even understand the punishment for another stock's sin

aj8:
My sister, is there a change in CEO? Kindly peruse.

Page 4

yMcy56:
It might not even reach 9mths if it continues this way.

* Meanwhile, it seems Sugar's result is bad, having negative impact on Nascon... 😑

unite4real:
Take the PAT and divide by the OS for the Q1. Multiply by 4 to annualize and you are still way faar from the EPS they reported

jonnysessy:
ZENITH BANK 2024 FINAL DIVIDEND.

This is the first time dividend is paid, and am yet to be credited. This is strange, despite having a valid e- dividend mandate for dividend in the same bank for dividend. Do we now have to wait for T + 3 days. I thought dividend payments is instant. I also thought having the same bank for dividend is a added advantage ( though, it was Veritas Registrars that change my dividend bank without my consent when they discovered I have an account with Zenith Bank)

No wonder someone was trying to find out the best Registrars on this platform , so that he can consider their stocks. I actually felt that Registrars doesn't matter as what one should focus is a good stock. Well, I have no option but wait as I have discovered am not the only one with this issue. But, Zenith Bank needs to improve as dividend payments ought to be seamless especially having their Bank for dividend. I have no choice but to wait. The vulture is a patient bird according to James Hardley Chase. In investment patient is a virtue.

Lesson learnt: Never spend money you have not received.

unite4real:
How come on the report, 2024 full year PAT of N87.4 Billion have EPS of 483 kobo while Q1 2025 with a PAT of N35.8 Billion is having 802 kobo.
Maybe I am not seeing well. Something is not adding up or I am not understanding something here.
Shouldn't a lower PAT mean lower EPS even when the company is having more OS

Agbalowomeri:
I agree with you.

Just that I like to squeeze to the last drop

Agbalowomeri:
Using a projected PE of 5 may be too conservative for these types of companies, it is fine for banks. It would definitely result in early exit. I expect them to match up to an average PE of 10 especially if they pay up to 50% and above of EPS as dividend.

aj8:
APR

It’s good for those already invested into it, having already received bonuses, and now still the prospects of getting at least a 50k dividend in FY 2025. Not so good for a new investor as 2025 yield at the current price may seem an embarrassment. Front-row seats are already filled. You just have to wait for something catastrophic to happen to jump in ( our prayer is of course that no such thing happens for all our sake). Train gone way past the station. Let’s not pick a fight with those already in the stock who will not agree with the current valuation having made their gains and plan to hold on tight.

@that say me please.

Picky1:
This looks interesting.....AJ8, what say you please?

Agbalowomeri:
This stock will see 80

Disclosure: I no dey inside o

yMcy56:
Green land today.....
Is well o. 😊

ACCESS: Wonder what's happening here....
Heavy volumes.....with upandan movements

yMcy56:
Whosoever cannot decode between the lines should continue to listen to those spreading panic.

OANDO is not like DS/NS, those ones went up as a result of merger which was later put on hold.

I won't advice anyone that picks at high price to sell at loss.
If you can get other funds, just keep it for averaging down once the tide is about to change.

An Upstream Company selling at ridiculous price, yet someone who's praying to enter cheaper, and ironically the prayer is being currently answered will continue to do and say anything to get his wish granted.

When retailers finished granting billionaires their wish, then billionaires will take it up to their desired price.

Agbalowomeri:
So your strategy qualifies you to buy GTCO at 70? Would you?

Raider76:
I wonder how many stocks per year on average, do you get chance to enter based on this entry strategy?

vacanci:
Thank you sir.

I want to understand the bolded (that you use which one is higher of the 2 metrics)

Lets use zenith for example

EPS is N32 (32 X 4 = N96)
Div is N5 (N5 X 10 = N50)

Since is N96 is higher, does it mean any price below N96 is what you consider?

yMcy56:
@Aj8 or any of the gurus,
Between OKOMU and DANGCEM which can you recommend at current price based on the latest results pls.

**Updated**
Sorted!

ositadima1:
Based on Zenith's strong financial statement and favorable projections, the stock is likely to surpass 60 (this year or next if no external wahala).

Mpeace:
Its even 3.50 not N4.
This there EPs of N32 is clearly audio.

Ades1:
Right! If it stays at current price or goes lower, I will hold and manage the change.

If prices go higher with 10-15% I am selling!