BabsO2's Posts
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N5b changed hands today in Zenith. Lovely. Perhaps some rights and PO people are trying to take some profits thereby pulling price downwards. Good UBA did its right at 35. It should have solid support above it. |
HesInMe:AI answer. Palm oil production is cyclical, but oil palm trees produce fruit year-round with peak and low seasons. Here’s how it works: 1. Year-Round Production • Oil palm trees (Elaeis guineensis) continuously produce fruit bunches throughout the year. • Unlike some crops that have a single harvest season, palm oil can be harvested every 10–15 days. 2. Peak vs. Low Seasons • While fruit is available year-round, there are seasonal peaks and dips in production due to climate factors: • Peak season: Often during the rainy season, when moisture supports higher fruit yields. In major producing regions like Malaysia and Indonesia, the peak is usually from September to January. • Low season: During dry months or periods of extreme heat, which can reduce fruiting and oil content (often mid-year in tropical climates). 3. Weather and Yield Impact • El Niño or La Niña events can affect rainfall patterns, influencing yield cycles. • Drought conditions can reduce fruit production for months, leading to supply fluctuations and price changes. 4. Economic & Market Cycles • While palm oil trees bear fruit year-round, global demand cycles, export policies, and stockpiles cause price fluctuations. • Higher yields during peak seasons can lead to price drops, while lower yields in off-seasons may push prices up. Bottom Line: Palm oil is not strictly seasonal, but production varies cyclically, peaking in wetter months and slowing in drier ones. Weather, demand, and market forces also play a role in price and availability. |
chimex38:Know I ring anytime I am chanced at z time. May market close the month on a rising note over the next three days. Green sweet now. |
Ding !!! |
JohnTerrorBlade:A refinery should be a cash cow and not a growth prospect. It can only grow relative to a depreciating currency as the asset replacement cost is fixed. Thus if further currency depreciation takes place in future, it's share price will stay afloat. |
starpower:Good prices are coming down. Thanks to China for their leadership in increasing our collective global prosperity. Prices of goods going up brings poverty while going down of same brings prosperity to the common man. |
ositadima1: chimex38:Light bulb used to consume 60 watts with tungsten filament. Now for same illumination less than 10 watts is needed with LED lights. Technology for harnessing the sun’s energy could change likewise. We currently get top most efficiency from solar panels in use of about 23%. Research is on to push that efficiency to about 45% with multi junction solar cells. In Nigeria we indeed need to wish for slower progress in breakthroughs in new Tech for assessing Solar Energy. A new tech can even go beyond our current scale of 100% And if the new Tech comes change overs won’t be that easy like Tungsten-LED changeover. |
I have taken position in the Ellah bet with the mind set of Jeff ![]() Key risk is the management buckling into mis-management when cash starts flowing. So take note of not only the rewards but the risks. Princkez:
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ositadima1:Russia is part of OPEC+. I don’t think it will flood the market but rather stick to working with OPEC. Oil price will likely stay flat or drop a little like 10%. |
sterlingD:These mouth watering CP’s can weigh the market down. They could beat inflation in their time period. Or likely beat it. |
zendi:I rate Soludo highly amongst these three. His vision has endured with bigger Nigerian banks that have contributed their share in GDP growth not only in Nigeria but in Africa also. May be biased due to returns in the last decade from some bank shares with x5+ baggers. |
Ding !!! |
![]() megawealth01: |
yMcy56:I think you have the widest stock coverage in this forum. Some of us cover only about 5 to 10. Some just 1 or 2 only. You dey try well well. Well done. With this distribution exercise and the ongoing selling and buying, Oando will have a larger shareholder base. Which has its good and bad. The good is it will be trading more with stockbrokers getting more income compared to other stocks that don’t trade much. |
Raider76:The share is as good as received even if it gets credited at Christmas. But I don’t think it will take that long. |
GeeKudi:Agree those that want to monetize part of their share distribution payment doing so. |
Sunrisepebble:I think UBA has adequate eps to support N4 annual dividend payment for 2024 and going forward even with enlarged number of shares. 2024Q3 eps was nearly N15. With enlarged shares and Q4 profits, eps should stay flat. And this eps does not include the gains in comprehensive income. Without further devaluations comprehensive income won't be like x3 profit again. (Year to Q3 profit was N0.5T and Comprehensive Income was 1.6T) |
https://doclib.ngxgroup.com/Financial_NewsDocs/43132_UNITED_BANK_FOR_AFRICA_PLC-APPROVAL_OF_GROUP_AFS_FOR_THE_YEAR_ENDED_DECEMBER_31,_2024_CORPORATE_ACTIONS_FEBRUARY_2025.pdf CBN reviewers need to sit up. They get to know the dividend proposed by UBA and other market sensitive information which they can take advantage of. Are they more skilled than the Auditors of the banks? What's the earliest time the results and dividend declaration will be released to the public? 2 weeks or 4 weeks? I estimate a final dividend payment of not less than N2. That is total dividend payment of N4. |
ositadima1:With weighted average entry price of about N11, Oando is +6 baggers for me right now. |
Streetinvestor2:I dey Ellah and Oando. Ellah is passing through the development stage of a new business. Maybe the palm trees are still in the nursery. As I dey pray make crude oil price no drop nah so I dey pray make Ellah lakes palm trees begin fruit and make palm oil price stay high. Then the company will move to cash cow stage. In both Ellah and Oando patience is key. Person wey no get patience or want now now cash cow stock can go for Presco or Seplat or Geregu sef. |
chimex38:A nice thread worth following for the investment or is it stock speculation biased. A fair dose of fundamentals, technicals, jokes and gbas gbos making it not monotonous. If I no need the fundamental or gbas gbos post I just jump ahead if I need I read and take (widen my view) or enjoy what it brings. |
Princkez:Many ways to skin the cat. Sounds like my xyz way. That way profitability will be accelerated as it is another way of recovering the original funds that was lost leading to the confiscation and redistribution of shares of the former delinquent shareholder. But the redistribution is excellent as it appears management is confident the turnaround they have started will generate enough money to strengthen the balance sheet. |
chimex38:Pray it’s that small cloud, the beginning of abundant showers of blessings. |
Locotrader:Too much ogogoro for the parry |
chimex38:I no read the story. But it could be related to some Nigerians coming to attend dental clinic in Nigeria as there are some advantages for doing so. Or like that CNN anchor story. Former CNN anchor Isha Sesay, of Sierra Leonean descent, brought her mother to Nigeria for medical treatment. She praised the Nigerian medical staff for their exceptional care, noting that her mother was admitted to Lagoon Hospital in Apapa, where she spent three months in the Intensive Care Unit.  Stuff like this here and there. |
mikeapollo:Is it that complicated. Out of xyz units, distribute x and sell yz and put proceeds into balance sheet |
Raider76:I am saying distribute some shares and monetize the rest to boost balance sheet and profitability. |
Streetinvestor2:They can always steal whatever they want to steal if they are bent on it. And they can distribute as they deem fit. So no worries. But if they have decided to distribute shares they better monetize it to improve profits while giving out something immediately to shareholders also. They can always continue chop profits in fat emoluments etc instead of creditors collecting a larger chunk. Abi OandO is part of the creditors ni. |
Bagwa:Wish a major part of the shares to be redistributed is sold publicly or privately or to creditors and the money reinjected into the shareholder reserves and balance sheet. |
emmanuelewumi:Maybe they are loading turn by turn and not in one go. Surprised I didn’t see breakdown of what was added and when. Perhaps they will load that later too. |
eddyakinrinde:I looked at my CSCS statement online to see my portfolio at end of January and saw my zenith had increased by the amount for rights and PO I applied for. Clicked to see more details but no further details came up. Usually one can see further details of when such additions occurred - date and volumes. |
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