₦airaland Forum

aj8:
Common sense target for Veritas Kapital Assurance is N1.20. Good buy at current price of 0.55.

0.31 x 4 =1.24

Target Range N1.24-N1.55

Better still if they pay a dividend of 5-7 k in which case could target upper range.


Please do your DD.

Even with RED across board, EPS is King. Stocks hardly fall below EPS x 4. That’s the beauty of the strategy. Any one significantly below that is a BUY. Just Common Sense.

Veritascap Call out..
#MrCommonSense
I salute you

EDUECO:
Was there no signs that Union Bank financial result was about to go from bad to worse?

Sir,If you are being paid dividend + bonus regularly.. You go dey check finance statements every time.?
Abi you go dey think of more accumulation or compounding of such company?


Union Bank probably was a top tier then as zenith is now...

So never say never..

Well, everyone is a bit wiser now + quicker access to company info unlike then.

make we free Oga Agba

megawealth01:
Pa Emma I doubt you ooooo... Your portfolio won't have any of those

KayOn1:
And the Presco you bought 3 weeks ago

Him reply na sarcasm
As someone above recalled:
He likes to sleep peacefully

[quote author=Mrshape post=130684801][/quote]327!!
Congrats man..
Not easy!

vacanci:
Oga Agba may react to the bolded. na im way

..and it came to pass

KayOn1:
Follow who know road,
But hold transport money.

I like this
Words on marble

SonofElElyonRet:
I give up

You never see anything..
If no be original it can............

SonofElElyonRet:
Ding !!

Assistant Time Keeper(Officer Il) 😁

Testimonies777:
Can you please give more details on how this works?

*5474#

KarlTom:
From my little knowledge of this kinda scenario, I think we should not consider the bolded like ordinary arithmetic.

If/When Aradel lists on NGX, two things could happen:
1. They delist from NASD and list on NGX.
2. They list on both exchanges simultaneously. This is known as Dual Listing.

For both scenarios.
They will offer the equivalent number of shares to existing holders based on a stipulated ratio (just like DANGSUGAR-NASCON).

For scenario 1, there will be the option to be paid off for those who don't want to move with the company to NGX.

For example if you have ₦1million worth of shares in NASD, you'll be given ₦1million worth in NGX...



I stand to be corrected and further enlightened

If a company lists on the NGX or any other foreign exchange..
It must delist from NASD-OTC if it's listed.
(can't dual list with NASD-OTC)

No company listed on NASD OTC is listed on any other exchange..
Hence the NASD-OTC is called an
"unlisted exchange"..
my 2 cents.

EDUECO:
No let your Oga carry you go where you no know !

She fit go carry go buy shell(worthless equity)😄


I'm just joking o, don't take this serious o😁

Not funny

sterlingD:
🤣🤣🤣🤣🤣🤣🤣🤣

Sterling laughing at Sterling?
Nothing wey musa no go see for gate

BullBearMkt:
...If it's not @KarlTom, e no fit sound like KarlTom

even time keeper dey get assistant
Assistant time keeper is allowed

toyeoye:
Patriots will still defend

Let me try to summarize for the patriots
The "patriots" totally agree that the economy affects both foreign companies and indigineous companies..

But that for foreign companies..
We need to scrutinize whether they have hidden agenda inaddition to the economic effects..
Much like when the British were offering us free education and scholarships abroad in those days building schools for us, roads, etc..
And actually they were doing it and we benefited but but...
Unknowingly at the expense of our Oil and Artifacts much more valuable in monetary terms than what they offered us..

Foreign companies may have genuine reasons to leave but but... Does it present a perfect opportunity for them to take sth illegal with them or abandon sth they shld do?(or should have done?)..
They are free to go but pay for any damages if found guilty. We shldnt just be easily cajoled into blaming our economy 100%(when foreign entities are involved) just because the indigenous companies are also affected
(is there an underneath ripoff? )
Their Exit shld be scrutinized further.

just butressing the "patriots" point

megawealth01:
Sometimes competition could be DIRTY... Na style I use pass message ooooooo

Lol. I get you...unlikely i think😁

But on the other hand, it could just be a reflection of economic Situation..

Dangote's workers in Benin also attacked.
https://gazettengr.com/bandits-ambush-dangote-staff-bus-kidnap-dozens-in-bloody-assault/ o

KarlTom:
I just confirmed the Bini and Ijaw are their hosts.
The Okomu plantation happens to be the only major business (aside hotels) in the town so...
Indeed it is well...

This business had been there for ages.. Unless probably there isn't enough CSR spread from Okomu ..
This shldnt happen..
Make dem settle. It is well

KarlTom:
Yes. The IJAW are their hosts...

Thank you..nawa o

SetrakusRa:
They must be smoking something. Bandits as significant shareholders?

.
I read Ijaw group of some kind.
Are they the host community?
Probably fighting for some sort of compesation..but Wrong approach.

Is Okomu's location an Ijaw community in Edo?

SetrakusRa:
https://nairametrics.com/2024/05/14/militant-group-demands-25-of-okomu-oil-plc-shares-after-fatal-attack-on-host-community/

Wahala...this is serious Oo!
25% + Directorship?!!!!

IamR:
PRESCO PLC proposed dividend of ₦24.30

I think someone mentioned here that one of its premium shareholders sold one of it's direct asset in Rivers directly to PRESCO..

Zagee:
If I was fidelity, I'll just target band A customers within those states and make a the returns I can get as that band seems to cover the cost on a band B, C and including the last A price. That's if they're patient enough not to start selling off assests

PS: More revenue for TRANSPOWER in the horizon.

I agree... Band A

KarlTom:
Seems like Fidelity is considering a buyout/merger.
Nothing was mentioned about raising their minimum capital...

https://doclib.ngxgroup.com/Financial_NewsDocs/40975_FIDELITY_BANK_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_APRIL_2024.pdf

Fidelity is being owed by 3 discos and take over operations . Kaduna, Kano and one other Disco.
Debt recovery within 2 years could help I think.

SonofElElyonRet:
Don't be late next time!

lol.. Has he been automatically employed by NSEMPA?

Even if na 4th quarter this year, make Alhaji make am happen.

Locotrader:
Some people Don collect loan waiting to make a kill when the food is listed.

How you wan tell them to sell at loss and run for their life?

Mehn...this is terrible..

DeRuggedProf:
You are very wicked...

Naa.. Fixed as per the street Investor he claims and not the unfortunate merger News..
(I Highlighted The part)

Streetinvestor2:
14 sugar for imaginary rice.Way all those way dey post link give me,lol
I remain street investor

Fixed😁

Streetinvestor2:
watin I talk never happen
Loco you see am
Rice no dey exist

On Point Mr. Street!

But this is...

Here We have it..

Streetinvestor2:
You are right as per cbn selling to bdc.The cbn could not determine the price of dollars on the street because the amount sold on the street compared to the amount from cbn was nothing. The majority of dollars on the street at 700/750 was money from diasporans that never came through official means.Even the banks whr selling on the street. To me that was the true value of naira/dollars. The price on the street was a reflection of demand and supply

The below buttress ur Point..
https://businessday.ng/news/article/data-shows-cbn-not-defending-naira-with-fx-reserves/

[quote author=awesomeJ post=129445680][/quote]Love ur inputs...
just Keep avoiding...