₦airaland Forum

chimex38:
U be really Pro-Elumelu
On his Mandate

BabsO2:
Make better results and dividends start rolling out to brighten the market. UBA why is CBN still holding your results and dividend announcement. UCAP release the date for dividend payment properly.

Makanjuola89:
Oando will pick today

TsarZed:
UCAP Qualification Date is in the annual report, Mar 14, Payment Date is AGM date April 4th

chimex38:
The Deed has already started
Page 127

Agbalowomeri:
Transcorp is not joking with this growth rate. It's a new candidate for N500 in 5 years if this growth rate is sustained

unite4real:
I really cannot wrap my head around this robbery.

Transcorp had N51 Billion PAT. OS was divided by 4 in October and share price multiplied by 4. Yet they went ahead to use a weight average to compute EPS with about 35B shares.
I don't know if this is normal.. why don't they also prorate the value of each share as well and pay back the difference to share holders who held the stock before reconstruction.

From the N51 B PAT, the computation was on 35 billion units when in reality the number of shares that gets paid from this is 10 billion units.
Where are the remaining dividend of the other 25 billion units going to

chimex38:
Well, Shares were cancelled transferred to their reserve and their share capital was equally reduced by 4. Looks technically like a buy-back to me

I believe that should count for sth.
Also, the OS was over 40bn for about 9months.. Seems only appropriate for the full year.

Probably 10.16bn should be used only from Q4,2024 going forward I suppose.

KarlTom:
The breakdown is on page 97...

ndept:
But, the little green we are seeing now keeps reminding me of Oracle’s trap basket and if care is not taken, the red we are seeing now may be a testing of the mic. Regardless of the dividend by the banks, some financial institution may use the opportunity to offload their kaya, thereby making the market to go down more. In addition, I do not see the banks performing excellently this year because the forex gains that contributed to their excellent financial results last year may not be there this year, coupled with their over-bloated outstanding shares. You and I know that the upward/downward movement in the price of bank stocks dictate the direction of the market. Even the outlook for oil is not looking good in the next months. However, this does not mean that all stocks will go down together. Some stocks will still present opportunity for people to make money despite the reds in the market.

I sold 85% of my holdings last week, the remaining 15% are stocks that has forcefully turn me to an investor like @emmanuelewumi . Like Sky aviation which I bought at N24 but does not have enough volume for me to sell since 2 weeks ago.

For now, I have decided to stay on the sideline and watch how events unfold in the market in the next 2 months. It is good to be a spectator and not a participant at NSEMPA when e-fight starts due to the red in the market.

Above is a personal opinion please.

Amarachibaby:
thank you I appreciate

Sunrisepebble:
How do we even judge Oando’s ability to operate this refinery well?
I only found out recently that the upstream assets the company has they were not operator, it’s only with the recent NAOC acquisition that they took on operator status. Not to say they can’t do a good job or have the capacity but don’t a lot of risks come with that?

mikeapollo:
Don't you think what may be considered ''low margins'' by those big guys (Mobil, Shell, Chevron, etc) could make a big difference for Oando?

mikeapollo:
Refineries outside an integrated framework may have low margins.
But this would be refinery to be owned and operated by an integrated oil and gas exploration and production company.
It is like a refinery run by integrated oil and gas majors like Mobil, Shell, Chevron etc. Such refineries would perform better than the ones owned by a non-integrated oil and gas companies, because of potential savings from economies of scale, transfer pricing, benefits of value chain, logistics, certainty of supplies, pricing etc.
Again, Oando would be selling most of its refined products offshore for dollars

KarlTom:
Another drama unfolding
https://www.cnc3.co.tt/kamla-unc-wont-honour-any-refinery-deal-the-pnm-signs/

HesInMe:
Interesting. Could you please explain this cyclical pattern in the price of oil palm a bit more for those of us who don't know that market well? Specifically:
When does the harvest season start/end?
Why do prices peak in January?
How much does the price change from low to peak?
Do wholesale prices change as much as retail ones?

Thanks!

chimex38:
You yaf join dem Ding-Gang

JohnTerrorBlade:
The listing of NNPCL and Dangote Refinery in 2025 is definitely an event worth tracking. Given their current financial performance and strategic importance to the economy, these stocks could attract significant investor interest. However, the big question remains: how transparently will profits be distributed, and could additional taxes or unforeseen factors impact the expected returns? I'll be closely monitoring their movements through live stock charts. What are your thoughts on the growth potential of these companies in the market?

starpower:
Zero eight zero three seven zero five five five one one) male sales agent can use truecaller to verify. I don'twork for them.

ositadima1:
Instead of una to put chaplet for water they bind spirit of oyibo innovation breakthrough you dey there they argue, ok nah.

chimex38:
EV cars without charging outlets..

Even the current CNG needs infrastructure

Fossil till take over, well into the next generation ..

Princkez:
I saw OKITIPUPA OIL trading at #182 on NASD....is this true? hmmmm ELLAHLAKES

ositadima1:
You have no idea what is going on. The only reason Ukraine has lasted this long is because of U.S. backing. It is the U.S. that has been supplying them with weapons, sanctioning Russia, and spreading anti-Russian propaganda through the media. The U.S. was practically doing everything for Ukraine.

Now that U.S. policy has changed, the war is over. It was the U.S. that pushed them into fighting in the first place. Ukraine cannot defeat Russia—just compare the size and resources of both countries.

As I said, very soon, most of the sanctions imposed by the U.S. will be lifted, and Russia will once

again be allowed to flood the market with oil. Let’s watch as things unfold.

sterlingD:
I hope what you mean is what is shown below?

Though there is thread on Commercial papers on nairaland the thread has not been updated with that of Access bank yet
https://www.nairaland.com/5010648/commercial-papers/8#134195602

zendi:
Since we're slowly succumbing to the politicisation of this thread, there is the President, and there is the Presidency.

Among the ways to rate Presidents is by the calibre and achievements of individuals they assembled around them. I rate highly the Presidents that appointed the following geniuses and others like them to avail the nation of their services, namely:

* Tam David-West.

* Ngozi Okonjo-Iweala.

* Charles Chukwuma Soludo.

There is a lot to be written about each of them, but people easily forget that the impacts made by these widely acclaimed stars were also the successes of the Presidents that appointed them.

megawealth01:
.. Dollars that America keeps minting like kilode

yMcy56:
If you look at the volume and the offers on the table, you'll notice it's only the retailers that are selling....

Some are expecting the stock at circa 60, now it's at circa 63, they'll still shift goal post like Peter used to do, small time, they'll come and be queing @circa 70 and will still not get.....😁

If you get interest and you're still not in the bus, start hopping in now.....
Na so we shouted this stock so teyyyy @8/10/15, na so so insult dey follow.....
At least we don dey try again now......😁
Upon all the loot, none was noticed to come back and say thank you here after all...... (Except 1 or 2 persons via mail).

Raider76:
Of course, everyone has their approach to the market. But isn't that like counting your chickens before they hatch?