Chimex38's Posts
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Raider76:-What happened to Mafab and their surprise 5G BId that they won? -What happened to Etisalat since peak of early 2010s. Re-branded to 9-mobile, yet nothing? -Even Econet,that changed ownership several times to Vmobile, Celtel, Zain found it difficult to operate before Airtel came on board. Dem dey try sha. -Even Glo isn't competing or expanding anymore just focused on maintaining status quo. They can't can again ![]() - Our unique internet and data specific brethren, Spectranet and co have seen MTN again come into their space again to dominate their long existing market. - when I thought Using Ngx to source capital l, show visibility, enhance transparency to investors and cement brand identity to compete favourably or even ahead of their peers; LEGEND INTERNET is no where to be found in all ramifications I mentioned above. Somehow, Telecom network infrastructure and maintainance is not for the faint hearted in Nigeria. I give MTN kudos despite their extortion and network misbehaviour sometimes. I wish the new entrant a very Good -Luck with abundance of divine Grace in their favour in challenging areas in this country. |
londonerr:Succeeded in Senegal |
vacanci:Your question is a Valid concern. Here is the clarification: The September 30, 2026 announcement is not about giving out new shares; it is the official regulatory closing ceremony that legally updates the market's master ledger. Here is why the NGX makes this announcement and why it matters to the market, even if you or others have already traded those units: 1. The Legal "Final Audit" and Share Capital Update When a company does a hybrid offer, shares are credited conditionally to CSCS accounts so investors aren't locked out of trading. However, the corporate registry and the exchange's official daily list cannot change their master numbers until every kobo is cleared, vetted, and approved by the Securities and Exchange Commission (SEC). • This announcement marks the moment the NGX officially changes the company’s total outstanding shares from 889.9 million to exactly 2.0 billion in the official system database. 2. Updating Market Capitalization Metrics Before this official listing announcement, investment apps, Bloomberg terminals, and the NGX website calculated The Initiates Plc's Market Capitalization using the old share count (889.9 million). • The Impact: Overnight, the official market value of the company mathematically doubled because the system now multiplies the current stock price by 2.0 billion shares instead of the old figure. 3. Institutional Trailing and Index Tracking Mutual funds, pension fund administrators (PFAs), and foreign investors are strictly bound by law to only invest based on officially listed capital. • If a PFA wanted to buy a large block of TIP, they couldn't safely do so if the exchange's official documentation didn't reflect the expanded pool. This announcement gives institutional investors the green light that the compliance trail is 100% complete. 4 Setting the Baseline for Future Corporate Actions If The Initiates Plc decides to pay a dividend or declare a bonus issue later this year, they must pay it across the new total volume. This announcement acts as the official legal baseline proving to the public and auditors exactly how many shares qualify for future payouts. In short, think of the CSCS credit as getting your car keys and driving, while this NGX announcement is the government finally updating the vehicle registration portal to show the title transfer is officially complete. |
4 Repentant terrorists return to the Forrest. The Govt is silently on a man-hunt for them. https://www.facebook.com/share/v/1BjpR72Mke/ |
Court cases across Africa. No be today. https://punchng.com/fuel-imports-were-ready-for-court-cases-dangote/ |
Raider76:always showing workings. |
Bizibi:Ahh, Access go be Oct 31st be that. ![]() Access Holders, close your App for 1 month. I no wan see you for NSEMPA until then ![]() |
Jaakay:Month, ends today ![]() |
Trojan8:what kind do you propose? A project that unites 3 African countries where this project is going to base coming from Nigeria and industrialization of Africa isn't worth it? |
Jakpon:You mean 2 Deep Sea port is coming to Ogun state? |
londonerr:I think London listing affected GTB early rally above 100. The Arbitrage gap ensured it rallied more on Ngx to close the gap. |
mikeapollo:Hmm..good to know why. thanks. But omo! |
CMFC don dey do like NCR and EUNICELL. straight 10-10% for 7days+ |
Raider76:Aha.....A-ha.... Na now I know why our forward crudeoil contract no dey end. So most of all these refinery rehabilitations wey enter voice-mail , na our crude-oil we use pay upfront.. The person wey coin this sentence deserve royalties "If they explain this country to you and you understand it, ee mean say dem no explain am well" |
ppogba:Be careful!! ![]() Take your time!! ![]() I woke up with a straight face and intend to keep it that way. Don't humor me today ![]() Next thing now na sponsoring August meeting. ![]() |
mikeapollo:Anything Stanbic is mostly reliable. Forget that they don't make noise themselves here and there for media attention. |
300million!! https://applesbite.com/xejet-loses-ground-handling-services-over- NAHCO and SAHCO Hope say Una money no dey inside? even if eee dey, hope say ee no reach 10m? Na this kain one dem fit chook enter receivables wey dem no dey ever liquidate to cash like CWG and CILEASING ![]() |
Easyincome24:You know ball 🙌 🤜🤛 👊 🤝 👍 👌 Iwobi & Bassy.... that's all we have. |
Gbadugbakun:Trademark Nwabali ![]() |
presiade:Waiting for your water to wine method ![]() And getting coin out of fish to pay tax ![]() |
1 Payunsin:2 chimex38:3 Payunsin:There's nothing bad investing in a competing business, provided returns are "near-guaranteed" Competing Tech firms, computer and software firms amongst others invest in one another. Zichis: went down to 15.00 a bit as its minimum downside risk(as predicted) Now over +30%. ( short-term gain as you requested) |
chimex38:Zichis closed at 15.7 on this day Friday 18th September. Currently selling between ₦20 & ₦21. Short-term predicted gain of over 25% achieved within time frame.. Mbenefit: closed at 3.6 on 18th Sept. ( reached 3.92 (≈+10%) on 21st Sept). Currently selling close to the predicted downside risk of -20%(3 to 3.15)... A 15%-20% gain is still possible within the same time frame.. Do your due own DD. |
ayobama1:Na 2025 financial yr u dey talk about? No dey confuse people bayi ![]() |


