₦airaland Forum

Mpeace:
Ella no go get much changes in the report. They need to only announce start of production to record movement

Sunrisepebble:
On Oando, for those invested in it, I don't see much hope in the business. I've spoken extensively to an employee, and the company’s strategy isn’t to show accounting profit — their main aim is to recover their capital and minimize the tax paid, so they’re perfectly fine declaring losses and they have a team of tax specialists dedicated to that. Last year’s profit was driven by the FX gains they declared in Q1, otherwise it would have been the losses as usual.
Could be wrong but I dont see that changing this year

Agbalowomeri:
It didn't just collapse in a day. The price had been on the decline for three years

thebargainhunte:
How did you get to know you were the first to be paid? I got mine and it was written like this "Des:NFT CHAMP BREW/CHAMP BREW DIV 1"

vacanci:
LAFARGE (WAPCO) dividend hs not landed yet..I hope am not alone here

GeeKudi:
Didn't get my WAPCO dividend yesterday! First time experiencing a delay in dividend payment. Anyone knows if there is something I should do?

KarlTom:
It was definitely a paid publication with an ulterior motive.
I believe that after the dust settles, they will demand an apology...

ndept:
The most important extract to note from the publication:

"However, having exhausted the appeal process, the Bank is willing to settle the obligation. Unfortunately, there
are significant ambiguities in the judgment resulting in difficulties in calculating the actual financial liability to the
G.Cappa and the Bank which is about N14billion from our computation based on the exchange rate as of 2005
when the incident and cause of action arose. Meanwhile the Supreme Court in the case of Anibaba v Dana Airlines
Limited delivered in January 2025 has clarified that foreign currency judgment debt must be converted to Naira
at the exchange rate obtainable at the date of judgment of the trial Court which in this case was 30 January 2018.
Even if the 2018 exchange rate supported by the Supreme Court is applied, the judgment debt will just be under
N30.7 billion payable by G.Cappa Plc (who delayed delivery of possession of the apartments from 2005 till June
2018 when possession was eventually delivered) with contribution from the Bank.

Consequently, the Bank has applied to the Court for a clarification and inquiry into the proper interpretation of the
judgment and the computation of the actual quantum properly and lawfully payable by G.Cappa and the Bank".

Amaa2019:
Good evening investors and traders, pls those that participated in last year’s right issue and public offers of bank through ngx invest website, have you been credited/allotted your shares?

Kindly assist with a response

nosa2:
My brother the situation with Ellah is different oh. Right now I am believing the numbers, and if they are true I am optimistic. However, that if is a VERY BIG IF.

Once we have confirmed the plantation...... my brother this stock will give MASSIVE returns

PETERiCHY:
Back in 2009 I bought NEM @ circa 35kobo based on NOSA recommendations and later sold @ circa #1:00k in 2010, Today it's selling @ circa #15.

The question now is those rushing into ELAH LAKES are they ready to wait for 15ys in other to get the full benefits

DeRuggedProf:
A lake will soon become a lagoon..

Man, know thyself. Know thy temperament. Know thy waiting time. Don't go to prison to bail someone and end up serving his remaining prison term...
Freedom is non negotiable...

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!

emmaodet:
My concern with stocks like betaglass and vitafoam is the business itself.
Vitafoam is not your everyday consumption. You buy it once and for the next 10 years, you may not need another one coupled with the fact that there are many competitors I. The market.
So the earnings may not be consistent.
For Betaglass, the long term sustainability is shaky because government is forcing companies to be switching away from bottles.
I am even surprised that they made grate sales in Q1/25.
Not only did they sell a lot of what they produced, their inventory went down alot which is impressive.
Wondered what happened between January and March to warrant that since it is not festive period when people drink a lot.
But what is obvious is their operating leverage.
Since management and companies have little to none control over cost of goods affecting gross margins, the bulk of reducing operating expenses lies on good management of a company which they have proved.
That is a good management there

Sunrisepebble:
Will they be able to sustain the N5 dividend per share once the new shares are listed on the exchange ?

yMcy56:
LEGENDINT
Doing it's first downside today....since listed

AIRTEL AFRICA has been on full bid since time immemorial, no 100k single transaction to move it up......

SEPLAT on the other hand is on full offer, e come remain retailer wey go fall am with -10% 😊

RodgersAkpafu:
I just got paid mine
And upon doing my calculations
They only paid me for the rights issue I bought and not the public offer that I also bought

Did anyone experience same ?

Pete002:
Sorry, those who bought the public offer last year are qualified to get this dividend too, even though the share has yet to be credited. to their trading account?

KarlTom:
Yeah. He said most companies are undervalued. Infact UBA SP should be 10x its current value...

chimex38:
You may be right on feeling bad but the truth is we are hardly ready to take global opportunities if they arrive as a country.
(to digress a bit)
A substantial amount of tech global opportunities from global brands skip Nigeria for Kenya, S/A or Ghana. Especially Kenya.. The few that opened offices in Lagos n Abuja alongside Kenya and others are either shutting down or operating minimally and of course it just has to be Lagos or Abuja and unfortunately rightly so for the investors.. The Kenya hubs are expanding to other regions of theirs.

On Exporting Zones;
According to official website, we only have 8 Active Zones out of 42!!!.
Out of the active 8, only 2 are outside Lasgidi: Calabar and Enugu towards the bottom of the website.
https://nepza.gov.ng/
Like you said, at least the active 8 can be upgraded to a high standard cuz I am sure they aren't all operating at same capacity..

Cuz why can't FTNCOCOA be competing with Okomu or Presco..
Sincen primary school days CocoA, Cashew and it's nuts has been a cash crop for export
Are some Agruc sections not functioning?
I know we had one in Warri or so.

chimex38:
Oh OK. my Bad ..thank you.

On windfall tax, banks have been complying
Zenith, UBA, GTB, Stanbic Fidelity, Wema maybe others.

Maybe hidden in their AFS.
https://punchng.com/windfall-tax-banks-pay-fg-n205bn-owe-n600bn/

Youngzedd:
Warren Buffet saw the future and was busy selling (taking profit) last year.

He got over 300B in cash. Once he starts buying, the bottom is in.

chimex38:
They improved by 0.05k from 2024..
This one wey Eps drop by almost 100%!!! .
If them come add new shares nko?
Make them try buckle up biko..

Dum20:
To me the best to have is social intelligence.

People like Sabinus, Whizkid, Davido, Osimehn, Taooma, Don Jazzy, Nathaniel Bassey, Omoni Oboli, Funke Akindele did they need hi IQ to be at the level they are in life? Let me even add Pastor Adeboye, Oyedepo, Sam Adeyemi, Jerry Eze, ..... the list is endless

These people i mentioned and their likes have been able to make a difference in the world and global scene.

So high IQ is not a yard stick for measuring success

SonofElElyonRet:
So what then is the "native intelligence" so fondly spoken of ?

pluto09:
https://oilprice.com/Energy/Energy-General/BP-Shell-and-Exxon-Signal-One-Thing-Oil-Isnt-Going-Anywhere.html