₦airaland Forum

SonofElElyonRet:
We shall see... don't think you read their full audited results for 2023 with notes therein.
Na so dem talk about oando

Difference is that Oando actually has revenue we can see. There’s no revenue on Japaul

did anyone watch eterna agm livestream?

SonofElElyonRet:
https://punchng.com/tinubu-celebrates-as-nigeria-sells-gold-injects-5m-into-economy/

The sale of gold by Nigeria has started. Japaul we are waiting... make us some heavy money

This got me thinking so i went to do a quick search. Japaul current market cap is 12.2bn but their retained earnings is negative 20bn. Which money dey wan make? And no prospects of revenue

Someone should help me understand something. This Beta glass. They are paying dividend of 1.4 naira this Thursday but they have 50 billion in retained earnings while the market cap is 34.8 billion. Our market sha

SonofElElyonRet:
https://punchng.com/tinubu-celebrates-as-nigeria-sells-gold-injects-5m-into-economy/

The sale of gold by Nigeria has started. Japaul we are waiting... make us some heavy money

It’s like every administration is selling gold but no pictures of the source

BullBearMkt:
COMPUTER WAREHOUSE GROUP ATTEMPTING DOUBLE BOTTOM
CWG slightly touched support at 5 and got rejected, will this form double bottom and cause a rise in the stock price?

PLAN YOUR TRADES AND TRADE YOUR PLANS

Did quick analysis and based on their current valuation, I still think it has a bit more to drop before seeing any respite. Seeing lower highs and lower lows

DrAkpa:
Na wa o . You want discussed something private with a stranger... Hmmn

Its like he wanted to ask him out

Mfunkynation:
so it means there's a GOLD to be PULL before JAing

What is 'JAing'?

megawealth01:
Before you risk investing heavily in unity bank remember three things are involved...

1. They are in loss
2. The providus factor still silent
3. Seems they might release profit quarter 3 2024

Who owns VERITAScapital?

Also, that Providus on unity was just rumor. I went back to read all the news articles then. All of them kept saying “sources close to the matter” lmao

nosa2:
Where did you get 1.45 from?

based on the numbers, Q1 eps should be N1.7. or am I missing something?

I got it from you lol

nosa2:
That's even worse. Is it legal to do that?

I've looked through the report and it is not stated anywhere.

Plus, if you do the maths and multiply by 4 you get a different number. I think this was just a very stupid mistake

1.45 * 4 = 5.8 though. So it’s probably annualised

KayOn1:
What most people fail to realize is that one person can put multiple bids, same price, same time making full bids. E go do people like film when full bids go turn turn to full offers within ...

I swear, see how unity turned after i sold

My insurance gurus, my eyes are on AIICO. What are your thoughts?

megawealth01:
We are watching closely

My average entry is 1.27, still holding some but just wanted to check the strength of the rally. Couldnt even fill 2m units at limit up

megawealth01:
Day two full bid... Any news on unity bank?

Fake pump. Poured in just 2m units to test demand, now it’s no longer on full bid lol

Locotrader:
At last champion has delivered.
Price appreciation + bonus shares.
What must be must be.only time will tell.


IEI would have been another wonderful stock but the MTO disrupted it.

Royalex is spotted to deliver 100% in the next 12 months.current price is 61 kobo.

Shareholding structure of Royalex a nice one to move the share price when it's time comes.

Back to my hole

Doubt it though. Royalex have negative retained earnings and just posted first profit last year. Using that as a benchmark, they would need like 7 years to clear and pay div

FBN has new MD and DMD

delvzy:
This quotation in () actually signifies loss after tax and not profit after tax (PAT). The same goes for the EPS

Yes it signifies loss, but with the loss Guiness still got acquired. So since they are all making loss, you can use this as a low level valuation guide

Streetinvestor2:
Oando delisting plan was it for both exchange. If yes what was the offer to shareholders in the other exchange. .

https://www.oandoplc.com/press_release/oando-plc-announces-suspension-of-securities-listing-with-the-johannesburg-stock-exchange/

Their initial suspension from JSE was cause of delayed statement. They never made offer to delist on JSE

Oando JSE +122% today

onegentleguy:
What you've just highlighted is only but a small bit of the many positives to why that coy is a giveaway @ current price level.

But then again, we have since stopped talking about INTBREW.
Let's allow Mr Time to do his thing. After all, he's the only one that is always right!

It is well

Yeah, just speaking high level. But I guess the management is achieving their goal. Kill vibe, accumulate then delist.

What's cooking in FBN?

KayOn1:
Would be nice if you can give us a time frame of these happenings going forward. Getting tired of the epistle. This is reason why @Streetinvestor2 was tagging you regarding IntBrew.

** My 2 cents

I get where he's coming from regarding intbrew. When you compare with Guinness exit.

SetrakusRa:
https://techcabal.com/2024/06/13/blackrocks-400-million-ishares-etf-to-exit-nigeria-kenya/

Saw this on Twitter