₦airaland Forum

Dogalmighty17:
Considering that the fastest selling vehicles in Asia and Europe currently are EVs and not ICEs, one can't help but wonder what Dangote's end game is.

blacksam01:
Is she related of spouse to the famous P.N OKeke..? The great physic simplicity master..? Also at UNN

CheedyJ:
That's the same question I wanted to ask

Goke7:
Obj is now the new messiah 😂

Nigerians get problem sha always feeling nostalgic of the yesterday’s failures

GeneralDae:
Our gross FX reserves are growing and currently at $39.54 Billion. If we can get it to cross $45 Billion by the end of this year despite the relatively lower oil prices and high external debt servicing (including the $1.2 Billion Eurobond repayment in November), I would be very confident in the naira going into next year.

chimex38:
$40.15bn
https://x.com/KamorYusuf/status/1954597637388194231?t=vtdX-TfVJcrC4iBAq7pvZA&s=19

I say make I update you.

ogawisdom:
Just when I was waiting for cutix today below 3.5 boom it's on full bid and at 3.90.

Cash is still king

It's either it comes down there or I check out TIP or chams currently at fair values.

Friday is supposed to be red day (sellers market aka supply) and Monday green day (buyers market aka demand) but stock market rarely stays with a pattern for long.

zendi:
No wonder both the company and its stock are still trying to work out whether they're in the lagoon of coma or stone dead in the sea, talking of stdinsure.
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Mpeace:
I heard the insurance companies that have met or can easily meet the new recapitalisation requirement are
Aiico, Mansard and Leadway for the composite Insurance . Then NEM, Cornerstone, Coronation(wapic) Custodian and Universal Insurance for the General insurance requirement.
But lead way is not listed on the exchange.

Pls DYOR.

EDUECO:
The organization is on Facebook.

Just go on Facebook to drag them the way Agberos collect tax from transporters.

Just tell them Emilokon,that it is your daughter's turn to collect the insurance policy.

If the organization is not corperating with you,then you have to involve NAICOM.

Streetinvestor2:
........
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Is DIL not the one to benefit most in the dividend as the owe almost every thing
Or how else again is DIL supposed to benefit from the cement company. Abi they can just go and collect the money cement made like they are into sole proprietorship business .
Infact he paid #30 for 2023 and 2025 when they did not earn up to that in 2023 and 2024 as eps

awesomeJ:
Sorry for quoting you. And that's the only apology I owe you.

However when you mention the refinery and you refer to 2023, then your own ignorance is obvious.

I'll help you.

The refinery was announced in 2013. It started gulping cash from DIL at about that time.

But especially more since 2020. The cost has gone from $13bn to $20bn and naira woes had made things worse.

2020 was about when Alhaji shot up payout ratio significantly and it's been high ever since.

You mentioning 2024 means you either have insufficient context or you didn't read the post well.

Deadlytruth:
Being a newbie, the best strategy for you is to buy fundamentally sound stocks which have very low OS and quite low prices. That way, you will hardly record losses even if you don't make profit.

temi4fash:
Example of such stocks

Ikumapkayi:
He is breaking the law. He has no right to do what he just did. This is clout chasing and overreach. If he is so passionate, he could have volunteered to lead a campaign on safe driving with FRSC in that axis and elsewhere in Nigeria. All this na show off. He needs to use his brain. You can't try this nonsense in western country

NSEstudent:
Those are auto-generated. You can imbed them in a simple HTML template when you have no content to add there, by typing just a few codes and indicating the number of words.

It's amateurish to do that in a production environment.

NSEstudent:
Work of amateur developers who learnt coding using AIs

SmartPolician:
I think the next cutting-edge research should focus on prolonging our lifespan. We should be able to live for at least 100 years. If Methuselah did at 969, it won't be bad if we do 100 and above.

Care4:
If my house is insured because I'm letting it out; no gainsaying, they'd feel it in their rent.

handsomebolanle:
Access Bank volume no Dey finish

Mpeace:
Lol. It would be difficult to escape. Na the same tenant go burst landlord belle. Better insure and collect from rent. The effect is on the tenant at the end of the day.

BabsO2:
Ellah will join steady dividends paying stock like PRESCO & Okomu in a year or two.

BabsO2:
If he sees it he will give me jara in Tranche 2. Perhaps double it for me for the good PR

megawealth01:
DANGOTE will answer whenever he comes online Sir

Pesuzok:
But Oando wasn't operating the assets, they had to rely on agip, of which might not be managing it efficiently. Now Oando is in full control, let's see what they can make out of it.

BabsO2:
Each year, Oando usually anchors the Chairman’s statement and front-page message around a theme phrase (e.g., in 2018 it was “Unrelenting Drive”, in 2020 it was “Resilience through the Storm”).

Current theme should be share distribution is here

And the next one “Enjoy turnaround cash dividends”

megawealth01:
S9 Oando don become KITCHEN...

CHAI see wetin Wale dey cause

Mpeace:
Lol. I don't think we understand the possible impact of the new insurance Act. Insurance companies are in money.

One provision I saw that convinced me on their prospects is the provision for compulsory insurance of buildings.

Every landlord must insure his building yearly.
Penalty is N1million or 12months imprisonment.

NAICOM is empowered to inspect and seal buildings not insured. (Rent go soon increase)

There are many other provisions and mandatory insurance of items that you cannot imagine.
But this property insurance is the real deal.
Every property in Nigeria. Na wa


Agba na because of you I enter Aiico and it has given good short term returns. If not for this your comment Na you I dey consider to give my 10% commission but I don't change my mind.

Agbalowomeri:
Who go enforce am? You can't force me to insure my property. It doesn't work that way. There are so many laws in Naija but how many of them are enforced? Meanwhile all these monies na still inside voicemail e go enter abi leopard fit change skin overnight

NettyNelly:
You can't totally judge with CCC, there may be reasons why Receivables for Eg is growing faster, which you may not be able to know, except you speak with the CFO.

Take Mecure for Eg. They have had an unloved CCC in since last year, but when you speak with the management you will get a better picture.

SonofElElyonRet:

Time will tell.. Ellah will be hoooooge... despite the shortcomings of management.. which will be substantially remedied.. as time goes on

SonofElElyonRet:
Till Ellah begins to make profit and pay dividends. At that stage you'll be chasing the bus at km 100

emmanuelewumi:
Dividend cut.

Borrowing to pay dividends. You can know this when the dividend declared is more than the free cash flow.

Nestle dipped hands into reserve in order to pay dividends about 2 years ago.

You also consider the debt. I think total debt should not be more than twice of the EBIT.

Late submission of financial reports to regulatory bodies.

I also try to read and digest the auditor's report.

And many others

SonofElElyonRet:
Not likely.. not when they are raising N250b and plan to acquire a "significant agricultural asset". There's bound to be good news at many junctions along the journey

Image123:
i have asked you several times if there was a bible verse in my post and what verse(s) it was. But you seem more interested in something else.