₦airaland Forum

essentialone:
Geregu: Dividend of about 0.74%

As an investor, if you contribute to Nigerian Power sector development, is it bad?
Take the yield as your CSR for the country.
Be a patriotic citizen

fergie001:
SOURCE

PREVIOUS THREAD:
https://www.nairaland.com/8328999/1.4-million-face-deportation-us

Na the 3 North-Koreans i dey pity for that list.

You go explain how you take leave the country illegally.

Dem fit just execute 3 of them when dem return.

unite4real:
am sure you know what it means to have a figure in open and close bracket in accounting

Carverton Detective
Eagle eyes..

Insurance
Red letter day!!
Contagion effect abi na wetin?

megawealth01:
ARADEL is too high for me ooooo. They should do promo for those that ain't on yet

Lol.. na to wait for Black Friday deals in November if ee dey on sale

Stanbic no wan here eee get deputy for back.

Sunrisepebble:
Glad to have picked some at 504 yesterday, although I did not buy all I wanted because I was expecting a weak performance based on their Q3.

What my attention shifts to now is the SPDC acquisition. How is it being funded?

Well, I don't know about the funding.
But they will find a way.

They are now at least exporting by products.

Omooloriredade:
Na so. Poor Veritas.


All in my opinion, I have been wrong right many times in the past. Also, if you hold Veritas or IEI, this is not an "attack" o

Fixed!

Sunrisepebble:
Beautiful result N57 EPS!
With this, they can pay out almost N20 final dividend per share. I think the dividend policy was 20% of operating cash flow or 50% of PAT, whichever is lower from the US$ denominated statement.

yes, I recall they have a dividend payout policy.

PAT n EPS almost 400% Y-o-Y
Impressive!

Sunrisepebble:
Been waiting on this also. They still have 4hrs left

Aradel 15hrs late
https://doclib.ngxgroup.com/Financial_NewsDocs/42968_ARADEL_HOLDINGS_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

emmanuelewumi:
Nigeria Stock Exchange was established in the early 60s all the listed company were foreign owned at least 99% of the shares were owned by foreigners.

Eshe Historian 🙌

OkCornel:
Sorry to burst your bubble. I’m not Ijaw, and I’m not quite sure how you arrived at that conclusion.

Ijaws are among the 5 largest ethnic group in Nigeria.

They’re the oldest indigenous ethnic group in Nigeria.

Feel free to fact check me.

Edited: Ijaws are one of the top 10 tribes in Nigeria

Reno Omokri: Fact Check me
Pete Obi :Go and verify
Me: I am a chosen
Who are you?

Bendeco02:
Have told you the fact. That statistics is not accurate.

Don't go and bet on it in the street

You guys should also cite your sources to counter his.

Not attacking him!

Nigeria and criticism without fact to substantiate "supposed" truth.

----Edited-----

Banks currently in Red letter day

Agbalowomeri:
It may close higher. They need to bring in more suckers for the dump
February is a long month

I think last year bear was as a result of slow recovery to Forex loses across board and banks not allowed to pay full year dividend from forex.

May not be like that this year.
Bear might be limited to individual companies performances.

I think The issue with banks historically trading below BV is CBN regulation + inflation

Regulations comes in per second per second every year..
If it's not CRR reduction, it's interest rate, it's retained earnings, it's fine for violations,
It's Forex limitations,etc. These changes are strong enough that affects the balance sheet.
Within the regulatory period, investors are cautious.

nosa2:
80s average PE was 6-12

90s 12-15

Early 2000s 12-18.

Source deep seek

You don quickly Key into this Chinese Ai thats roughling feathers

Raider76:
I don't think observing and pointing out governance lapses of a company amounts to discouraging others from buying its stock. People decide to buy stocks for different reasons, including governance issues. Infact, it is when you are a stockholder, genuinely interested in progress of the company, that you worry and point out problems that need fixing. I would like to believe that it is the constant criticisms by both stockholders and regulators that brought about the New Oando that @Bagwa pointed out.

Fixed!!

your eye ehh.

unite4real:
The third line as cut out below sounds like they are not sure of the meeting holding.
Why are they having such a clause.

that a meeting of the Board of Directors of Oando Plc ("the Company" is
scheduled to take place on January 30, 2025, or on such earlier or adjourned date as
may be determined

sterlingD:
What is delaying Arædel From their communique FY result is suppose to be released today unfailingly

Being over transparent dey worry them

Why pressure yourself to disclose when you will release result?
Just release it when it's ready provided na within ngx time frame.

You never break any law
Afterall you no kuku dey NGx premium board

BabsO2:
Perhaps many live pay check to pay check due to inadequate salaries. It’s easier to invest when one has money left over after completing all expenses.

Anyway, to buttress the low income and lack of finance:
I think their job has a strong focus on research and updated knowledge on world and national economics ON-THE-GO. Though, the firm may provide infrastructure, data and financial allowance for these. At other times, staff still have to spend from there pocket based on latest happenings and urgency to break out a news or convince their promising high net worth investors.
Even normal small scale first decree university project research consumes finance just to be a bit original.

It's like the case of reporters and journalists..
An Event may happen around them outside working hours.
No time for media house to disburse finance. One has to spend from ones pocket, including logistics to capture the moment and represent the TV or media station.
Otherwise, one may be seen as incompetent and not proactive just because you're waiting for due process

BabsO2:
Perhaps many live pay check to pay check due to inadequate salaries. It’s easier to invest when one has money left over after completing all expenses.

I get you..its not easy actually, but
almost sounding like
A fish dying from thirst.
A large scale farmer dying from hunger.
The Author of "How to become rich" hoping to get rich through the book sales?

KarlTom:
I see this as a takeoff scheme which could metamorphous to a National scale...

Electric vehicle without 24/7 light across Nigeria?
Then deployment of Charging stations across Nigeria also?

CNG acceptance nationwide should give you an idea. Since 2023, this is 2025. It's moving no doubt, but how fast?

Electric vehicle will start and end in Lagos.
Wonder how often Ben Bruce drives his to Bayelsa or anywhere else

unite4real:
At least he will be getting inside information which is very helpful to grow his capital or know when to exit

True.. Though some inside info can still be hard to trickle down for insiders..especially those in regional offices and remote branches.

Also, Some category of employees that can't even influence a single decision and always go with what immediate boss says even when you are against it..
it will discourage such some employee from investing. He/she will always feel his/her method would have worked as well or much better.

..true, especially those at bottom ladder..

ositadima1:
Another thing is diversification, Investing heavily in the same company that pays your salary is some how ooo, if the company chocke na village straight ooo.

Harvestock01:
The Psychology of an employee is different from that of an Investor. The focus of an employee is mostly always on salary, increment and promotion. It takes time for the veil drops off or forced off.

In addition,
Some employees have no idea how strong the company is and those meeting sessions with strong/worried facial expressions from management are just to keep them on their toes to avoid laxity and almost always focus on companies weak areas which may constitute a total liability of less than 5% of equity.
But the employee perceives it as what can bring the company down and that the company is struggling or fragile.
Even when some read the financial statements, they believe it doesn't reflect the true reality on ground. That it's just packaging

So why will he invest in a company that can cut his salary or allowances the next month if he doesn't step up?

emmanuelewumi:
A lot of workers don't know anything about their company's stock.


I told a family friend who works at Nahco to buy 500k units of Nahco shares at N8 per share in January 2023 based on the money he got from the staff cooperative society.

Unfortunately he bought a car for Uber and he is yet to break even

Well, I can agree to this.
Employees usually focus on their little responsibilities at work and may usually operate on a very microscopic level to know the effect of their overall general input on a large scale on their company..

But a broker usually sees the larger picture at a macro level..
that's usually their work schedule.

essentialone:
Not company rule. Just total lack of interest in Investments.

But they go around marketing convincing the Public to invest?

Bombarding emails to customers to purchase Right Issue and public offers?

Holding webiners, whatsapp sections, public enlightenment, etc

Spending heavily in terms of time analysising companies result as they come every quarter, Being abrest of daily happenings in the political scene and world economics to stay informed as frontliners, just to dish out up-to-date research and point out recommendation to the public on weekly basis.

All these doesn't mean anything to them personally?
Because they don't personally spend money abi?

In my opinion again, It's not massively possible?
Probably, very very few of them don't.

essentialone:
A lot of staffs working in Stockbroking Firms, do not have any single shares, in any company.

How?
Company rule or what?
It's not possible in my opinion.

unite4real:
Wait until you see Transcorp Hotel.

Exactly..
Transcorp Hotel remains the 11th Wonder of the NGx..
The more one looks the less one actually sees

TheFreshVanilla:
Shey inside one room or three bedroom?

Whichever..
Even a bed and a 3- cushion sofa can still fit in one room.

What if they cohabit without sex?