₦airaland Forum

Imo1stson:
Reports say there is general sad mood in the State and the event was not well attended. Imolites wish him a successful stay in office.

RabbiDoracle:
How many signatories to the account?

Nigerians are too fraudulent that such can't work.someone will wipe everyone's account.


Due to trust issues, a 50-person closed crowdfund will want to have 50 signatories to the account

Mcy56:
This got me laughing. Nsempa Ltd indeed. Weh don sir.
Hhmmm, this Loco you nominated ehhnnn, I no gree o cos na entrepreneur he be.
You sure say no be hostel we wan invest in? And then he'll tell us he'll be paying us yearly dividends? .
By the way, what's the full meaning of SPV?

@Deepsuk what's your opinion on this venture? Na Wetin you talk I go follow.

stcool:
I think Loco is right...those that have over a Billion unit cannot be selling anyhow and it will reduce the number of free float. My only concern is that if you must own over a billion units you should hold certain position inside the company, else this men do not fear God! I cant trust them.

Yayira:
This is the only time I which I’m in Nigeria..
by the time I enter their office, if newspapers no carry weytin happen na small thing remain..
it is not your money! Companies gave you to pay their shareholders!
Which kind wahala be this I don’t even know which to drag first! My 1 naira or my dividend

ChiefSweetus:
Any chance you have a free e -copy? this seems to require payment (not to be a cheapo, but...)

Nigeriadondie:
He is a madness man. Let him enforce those rules in Sambisa. Where was he when seasoned Chadian soldiers were called in to fight helpless Nigerian army.
This unnecessary show of brute animalistic force is uncalled for especially when dealing with sister security agencies.

edo3:
Battle,, are u kidding me? Where is his helmet? My friend this one na just picture.

Jackson31:
Congratulations to all my yesterday winners don’t miss today games call 09 0 37 43 05 28 now today tickets is already out for testimony

kolaish:
We shall be waiting for the highlight and summary of the meeting.

9jaRealist:
Also, it NOT a private company...
Rather, it’s a publicly-listed and traded company on the NSE (that is now majority-owned by the BUA Group).
>

NwaliE01:
I didn't see growth. The company experienced sporadic cash flow.
However, the company's Earnings Per Share (EPS) declined by 58 Kobo per share. The company's Earnings Per Share declined from 86 Kobo to 28 Kobo. Year-on-Year CCNN EPS was down by 67.4%.

The selling and distribution expenses soared from N245.87 million to N1 billion. Whilst its administrative expenses increased from N597.65 million to N1.29 billion.

That's not a good marginal profit considering the operational and administrative cost.

fabianiyobosa:
Northern Nigeria? Not of Nigeria. So we can also have Southern Nigerian Petroleum Cooperation (SNPC) and not Nigerian National Petroleum Cooperation. We are not one in this country.

stcool:
https://businessday.ng/exclusives/article/mtn-stock-set-to-rally-on-perceived-scarcity/

A CEO of one of Nigeria’s leading stock-broking firm told BusinessDay that “almost all shareholders of MTN are not willing to sell”, adding that “even those that will sell are going to offer the units that cannot meet the high demand”.

“The demand will automatically lead to a rally for the stocks. I can tell you now that I have over 1 billion units of demand for MTN stocks but I am yet to see a shareholder that is willing to sell,” the CEO said.

One stockbroker with order for over 1 billion units

stcool:
They have started with their estimates... Retail investors may not get this one until they have taken it to 180-200

https://businessday.ng/technology/article/updated-offers-fly-in-from-investors-ahead-of-mtns-listing/

MTN would be listing about 20.35 billion shares, at possibly an N80-90/share price range, according to the consensus analysts’ estimates.

That would value the stock at around 5 times Earnings Before Interest Tax, Depreciation and Amortisation (EBITDA). That’s almost half the frontier average, suggesting that at N90 per share, MTN will be undervalued compared to telecommunication companies in frontier markets.
Analysts at Cordros Capital believe the stock is worth NGN194 per share, implying a 116-143 percent upside on the proposed listing price.

On this basis, it is quite understandable that investors are falling over one another to get a hold on MTNN’s stock.

Heishere:
Like play like play Zenith stock is gradually swallowing my Japaul loot! The stock that is supposed to act as shock absorber is the shock now. SMH

STNWAUME:
CASE STUDY.
In 2008 Union Diagnostic
IPO price was N3:00k
Private placement was N1:75k
Current price 23kobo.

BOTTOM LINE.
Nigeria management can't be trusted.

Acedave1:
After 12month u go stil curse dos pple cos dat road will never last

tomdon:
Is road construction supposed to be under works or transportation ministry?
Why's one usurping the functions of amaechi.

tomdon:
Is road construction supposed to be under works or transportation ministry?
Why's one usurping the functions of amaechi.

SLBMS:
The longest range missile in the NAF inventory..The PL-9C has a range of roughly 23km and comes with proximity fuse warhead

QuietMynd:
Can someone confirm if this is true
Kenyan thieves steal guns as police watch Champions League

Police in Kenya have been left red-faced after thieves stole guns and ammunition from an unattended checkpost as the officers on duty watched UEFA Champions League matches down the road.

Three rifles and nearly two dozen rounds were pinched from the checkpost Tuesday evening in Nandi, in Kenya’s west, while the officers wandered off to watch Cristiano Ronaldo and Lionel Messi play in the UEFA quarter-finals on television at a nearby shopping mall.
“On returning… they noticed the room of the in-charge, which is also used as an armoury in which the steel box is kept, was broken,” stated a police report into the incident seen by AFP.

A search was underway for the stolen firearms, the report added. It was not immediately clear if the officers faced disciplinary action.

Dutch side Ajax upset Ronaldo’s Juventus while Messi’s Barcelona crushed Manchester United in Tuesday’s quarter-finals.

Football, particularly the top European competitions, is hugely popular in Kenya and across the African continent.

PETERiCHY:
The CAT SCENERIO you painted is EXACTLY what TONY and COY is planning to do to TRANSCORSPSE ORDINARY SHAREHOLDERS.

They DEFINITELY device a WAY to CIRCUMVENT their ORDINARY shareholders.

I see people already making N5 projection .You think they will fold their hands and watch you chop power money don't worry you go chop fire

WALE, OANDO and CONOCOPHILLIPS comes to mind

a WORD is ENOUGH for the WISE.

*ThE OcToPuS*