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BabsO2's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:31am On Apr 15
nosa2:
I'm not selling.
Perhaps UBA and Access will get some moves if them do better dividend. Looks like investors see results as Audio if not backed by reasonable (commensurate) dividend. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:24am On Apr 15
nosa2:
Did you buy your ETI?

Up 10% already.

Analysts have started to analyse
The small availability at market open already mopped up completely within a few minutes. No more availability on the floor. ETI set to climb into 60 by tomorrow shocked shocked
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:58am On Apr 14
nosa2:
I realty hope people bought their ETI.

Now watch as analysts start to recommend the stock
Quickly exchanged some First Bank for ETI this morning.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:52am On Apr 14
megawealth01:
Na wetin Wale wan turn am to bayi?
There is hope he will change. I used to be bearish on Oil. But it looks like for the next 2 decades there will be good demand for oil. Hopefully Wale should stabilize Oando in the next 5 years.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:04am On Apr 14
mikeapollo:
If a lifeless UBA could be this ''sexy'' to you, I wonder how you would describe Agba's babes who attract all his attention, vibes, energy etc.? grin grin
Stop that. UBA is full of the life expected from shares grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:01am On Apr 14
nosa2:
Quarterly results should be huge improvements.

Hopefully the rocket will be ignited tomorrow.
All offers cleared on the floor in first hour of market open. Market waiting for more offers. This dividend resumption after two years pause coupled with improved fundamentals is making ETI attractive for dividend investors once again.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:03pm On Apr 13
lasisi:
is this food or pepper spray. Even Access won't try this...
ukay2:
Good one from ETi.....
That's about 10% of EPS being paid out. And about 5% dividend yield. That dividend yield is poor compared to the Zenith or GTCO. At current market price a PE of 2 is not bad if the EPS can be sustained.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:56pm On Apr 13

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:16pm On Apr 08
GeneralDae:
There is something I have observed about this Cardoso era which is strange to me.

In the past, naira and foreign exchange reserves improved with increase in crude oil prices (and logically so) but in Cardoso’s era, naira and FX reserves both struggle with increase in crude oil prices and world instability but starts improving again when the escalation is down.
There’s increasing non oil FX revenues changing how reserves build up. And oil production is not as high as it used to be, while population has grown with corresponding growth in imports requiring forex despite increasing poverty measured by per capita income.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:48pm On Apr 08
EDUECO:
Impairmeny charges is just another name for the money for the management.

And Zenith Bank just acquired a Kenyan bank and part of the money could also be money used in acquisition of the Kenyan bank.
I guess the bulk of Zenith impairment is due to challenging business environment and failed businesses that cannot payback what they have borrowed as planned. Access will likely have more of money for management than Zenith in impairments.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:14pm On Apr 08
Sunrisepebble:
That would be a generational buying opportunity.
I’m not a bank analyst, so forgive my rough math. Assuming Zenith have exited their forbearance as at FY25, the way GT had in FY24. If they have GT’s level of impairment in FY26 and assuming earnings are flat and payout ratio is also flat. You’re looking at an EPS of N39 and a DPS of N15+
Short and sweet whisper. Perhaps UBA will grow like this too.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:49pm On Apr 08
chimex38:
Ngx has unpaid dues to Ngx.. grin
Looks resolved by changing address string & perhaps some payment
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:00pm On Apr 07
TerraCota:
Zenith AFS 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/46591_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2026.pdf


Proposed a final dividend of N8.75 which in addition to the N1.25 per share as interim dividend amounts to N10.00 per share
What's happening the site is not opening? Looks NGX has unpaid dues or what. Make them resolve am quickly.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:00pm On Apr 07
.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:56am On Apr 07
GeneralDae:
Nigeria owns only 7.25% of the refinery.
Why is Dangote asking more than 7.25% of the refineries needed cargoes? NNPC can be become a petroleum products seller as well and not be a crude only (and petroleum products importer, that one with wide open corruption gates)
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:50am On Apr 07
GeeKudi:
There are existing contracts that must be honoured. I suspect that they are able to give more to Dangote now because production has improved.
At the end of those contracts, will it not earn more money for FGN to sell finished petroleum products than selling crude? What other catch dey apart from existing contracts that will end someday?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:37am On Apr 07
GeneralDae:
Nigeria doubled its crude supply to Dangote Refinery in March.
NNPC: 5 cargoes/month → 10 cargoes/month
Aliko Dangote personally confirmed this information today.

What the refinery is doing with it:
🛢️ Now supplying 60% of Nigeria's refined petroleum products.
⛽ Covering ~90% of Nigeria's petrol needs
📦 Exports to Africa: 214,000 bpd (up from 100,000 in February)
🌍 Tanzania: received its first-ever Dangote cargo in March

The catch that remains:
The refinery needs 13–15 shipments per month to run at full capacity.
At 10 cargoes, it's still operating below optimum.

Domestic fuel prices in Nigeria: still at record highs.

Africa's largest refinery is filling a gap the Gulf can no longer fill.
But it can't fill it fast enough — not yet.

Data Explained
Is it not better NNPC supply the max Dangote refinery can take. With Nigeria selling the finished products instead of raw crude. Will selling finished products not earn more money for NNPC/FGN than selling raw crude?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:16pm On Apr 04
We no gree this nah different business from those he ran before. He must deliver like other better banks dey do joor

megawealth01:
OTEDOLA rarely pays good dividends.He is good at price appreciation
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:11pm On Apr 04
Indeed no stories this time. A round number like N5 should be the minimum acceptable dividend.
Mills55:
First Bank should be kind enough to pay good dividend this period. We have been patient with them over the years.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:33pm On Apr 03
grin
megawealth01:
The Dangflour nko? grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:49pm On Apr 03
The Sugar PO was a rip off sad
megawealth01:
Trust no one not even DANGOTE
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:35am On Mar 19
Joyful365:
The stock market is sustained by a people with high purchasing power, else everything is a gamble in a bubble.

Purchasing power of the average Nigerian consumer is being decimated now because there's no more subsidy and fuel prices is going through the roof.

Q2 results will reflect this if nomalcy doesn't return soon.

In all of this, I'll bet on the banking sector to remain resilient through this period. Most of everything else is overpriced. It's time for them to drop 50-70% so people can sort through the rubbish and pick up valuable ones
This purchasing power thing is mixed with inflation and somewhat expanding economy based on macro with the micro yet to tag along properly as purchasing power is eroding for salary earners. But quarterly results of most companies is still growing suggesting total purchases of goods and services is rising shocked Looks like salary earners who’ve got no raises are worse off. And what percentage of people fall into this category? It will be nice to see such data. The one we can see is company quarterly and annual results. Apart from rising company revenues and profits, staff costs (renumerations) have been rising in the annual reports.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 3:43pm On Mar 12
I am just guessing. Financing can mean loan, convertible loan or equity. Interested investors need to verify which one or ones applies.

nosa2:
Ah, so they may be taking equity positions in mining operations. That makes more sense
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 3:33pm On Mar 12
Financing here may be in equity positions with higher risk and rewards

nosa2:
If you think about it you know this doesn't make any sense right. Loans are given out based on ability to repay rather than Sector
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:18pm On Mar 10
chimex38:
As Nigerians we know where we're coming from..
Prior to DR, some of those imports don't make it to the populace.

They are either still Smuggled out outside the country to Niger and Benin Republic for Arbitridge or hoarded for scarcity and further inflation of retail price.
The imports mostly open corruption gates. Too fantastically corrupt,
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 6:14pm On Mar 10
zendi:
It will reverse up. Crude oil is the most fickle commodity traded.

Both sides are preparing for a showdown in the Strait of Hormuz.

Each side believes they will win. But tanker captains may not want their lives to be used for that live-fire football.

dd fst b4 u Ji
Insurers have also withdrawn insurance cover. Hence many ships have stopped loading.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:12am On Mar 04
Compute valuation based on net reserves entitlement per share and it is clear Oando is seriously undervalued. I shared my estimates based on this last month. Let’s use numbers. It’s based on this value lenders are happy to extract interest income safely from Oando.

megawealth01:
I sensed something political was going to happen in a positive way...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:53pm On Mar 03
Bagwa:
Both 😃 KM 150
Thank you for z good news grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:50am On Mar 02
Tradoinvestor grin
Sunrisepebble:
I was looking to buy more Oando on Monday at N40 for JIJO before this Iran news. Doubt I will see it at that price tomorrow
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 6:08pm On Feb 27
Hajicairo:
YES I did went through the purchase/sales notes, portfolio summary/balance from day of purchase to the day of the missing shares. I can also confirm that no cash transaction was made into my bank account as at today.
That is serious. Something like this must have led the Direct to Account sales proceed that NGX mandated as default.
For those who don't have direct CSCS access to monitor their stocks, better to subscribe for access so as to monitor holdings as one pleases.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 5:28pm On Feb 27
Hajicairo:
I strongly belief that was what happened. This was evidenced by the transaction history sent to me by CSCS.
Did you check your stockbroker account balance. And no proceeds from any erroneous sale is not lodged there. Or your bank statements if it’s direct to bank your sales proceeds goes to?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 6:03pm On Feb 25
emmanuelewumi:
Chill till the end of 3rd quarter na
Speculate a merger may be operating by then. The direction should be clearer by end of Q1.

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