₦airaland Forum

How did this make front page, Moderators?
If some people through ignorance keep sowing division in the midst of the carnage ravaging the country, responsible citizens and media apparatus should not be giving platforms to encourage continual dissemination of divisive content and misinformed opinions. Kindly take off the from the front page.
Thank you

Please any reasons for this activity on NGXGROUP?

Japaul on full bid. well done Loco

Locotrader:
Ellah lakes,Japaul and CI leasing stabilizes today.
Go into these stocks today and enjoy your ride next week.

The land is getting set for full 💚🍏 green

Enjoy

cjudy:
They now want Air Peace down by all means. Remember you don’t have national carrier, if air peace shut down domestic operation, una go see weeeeeeeiiii for that country

The reviews are true, if you are a regular you wont dispute it. I also stopped considering Airpeace except it becomes the last alternative. I initially judged Oshiomole by the initial report too but when I read his own side of the story, I believed, having been a victim of the '45 minutes' check-in rule, some of their staff use to fleece Passenger, I was at the Airport at exactly 45minutes but had to urgently make use of the restroom for less than 2 minute and on that account denied check-in, I didnt know what to do because I saw People who came in later than I being passed on after some 'paddy-paddy' arrangement and I had resolved never to beg or solicit for anything from them. the same Airpeace had delayed and even cancelled flights not once nor twice some weeks before that encounter. Since then, I consider Airpeace last when I have to travel, I agree with the person that wrote that no serious traveler consider the airline worth taking risks on. Airpeace management needs to take a critical look at these reviews and implement changes!

Analysis of Japaul Gold and Ventures Plc’s Latest Financial Report (FY 2024)
1. Profitability: Is the Company Operating at a Profit or Loss?
The financial report for the year ended December 31, 2024, shows that Japaul Gold and Ventures Plc recorded a net profit of ₦1.83 billion. This is a significant improvement from the ₦695.2 million profit recorded in 2023, indicating a strong turnaround.

Key Figures:

Revenue (Turnover): ₦4.12 billion (↑59% YoY from ₦2.60 billion in 2023)
Gross Profit: ₦2.67 billion (↑67% YoY from ₦1.60 billion in 2023)
Operating Profit: ₦1.84 billion (vs. ₦696.7 million in 2023)
Net Profit: ₦1.83 billion (vs. ₦695.2 million in 2023)
Net Assets: ₦18.99 billion (vs. ₦800 million negative net assets in 2023)
This marks a significant turnaround, especially given the previous financial struggles. The company's net assets turned positive, reflecting a much stronger financial position.

2. Implications for Investors
Strong Financial Recovery: The significant improvement in profitability and net assets signals strong business execution and financial restructuring success.
Revenue Growth: The 59% increase in turnover is a positive indicator, showing increased business activity and demand for Japaul’s services.
Reduced Administrative Expenses: A decrease in administrative expenses (₦875 million vs. ₦1.02 billion in 2023) suggests cost control improvements.
Improved Shareholder Value: The company's retained losses reduced from ₦20.37 billion to ₦18.54 billion, showing signs of future profitability sustainability.

3. Stock Price Movement: Will It Appreciate or Depreciate Today?
Short-Term Price Impact: Given the strong profit growth and turnaround, investor sentiment is likely to be positive, which could drive short-term price appreciation.
Long-Term Stock Movement: If the company continues growing revenue and controlling costs, the stock could experience further gains in the long run.
Potential Risks: Despite the strong financial improvement, the company still has borrowings and trade payables of over ₦8.67 billion, which need to be monitored.
4. Conclusion & Investment Outlook
Overall, Japaul Gold and Ventures Plc is now operating at a profit, a significant shift from past losses.
The company’s net profit of ₦1.83 billion in 2024 is a strong indication of financial turnaround.
Shareholders can expect positive market reactions, with potential stock price appreciation in the short term.
Long-term performance will depend on the company's ability to sustain profitability, manage debt, and drive revenue growth.
-ChatGPT

crownprince2017:
I wondered what the people nemeth was recommended for are thinking right now.
Loco there is God ooo

Yes It is true Loco recommended and i got in around 2.20 and saw it rise to 3.80. Still got out with good profit, thanks to loco and even still selling today it is not at a loss.

What happened to Neimeth now?

olatmaq:
Energy Time Podcast

FAKE NEWS! Learn to source your news from credible sources next time

Locotrader:
Not related but the game is for those who knows it.When insurance companies have gone high in price,the mass move will be in any undervalued asset.

The buyers got it right on chams today and now is the time

Dont worry Locotrader, we dey your back. Neimeth is also on full bid today

Cadbury on full bid. Any news please?

Mankind2024:
@dave07, welcome to the irrational market.
No one will tell you to seize the day.
The stock market is the most irrational market in human history. Analysis paralysis can influence your bias. Even the greatest investors make mistakes. No one has a crystal ball to predict tomorrow's events. Has your primary objective been met? You can sell stocks today at a loss, only for them to become even more bullish, beyond your expectations and understanding. Identify your investment bias and apply the rule of rational investing in an irrational environment. While human beings can be unpredictable and irrational, the stock market is even more so - we know that the best-performing stock today can be the worst tomorrow and vice versa. Having the right bias to seize the day and buy and sell at the right time always creates a beautiful story for investors. I wish you the best in seizing the days ahead.

Thanks, your points are noted sir

yMcy56:
Universal released very good result but disappointed in the part of dividend....
Investors were expecting dividend payment this year based on the promise from the CEO but eventually, non was declared.

While this shouldn't be a yardstick to judge the stock, it doesn't mean it can't deliver, still one of the undervalue stocks (similar thing sighted in few other stocks), when is the question now.....but if you see a moving train, alight and join.

** Purely my opinion. Don't come and blame me if you see it moving again.... I just gave a simple advice**

Thank you for the response, I sincerely appreciate your feedback on this madam

A big salute to the ogas and madams in the house giving very valuable information here. I joined the market February this year with the mnidset of short term bu tI have been learning a lot and no more thinking like that again. Can any of the ogas kindly to throw more light on the direction Caverton, Chams and Univinsure are heading, to make a good investment decision. The three are currently part of my portfolio but I am not sure whether to buy, hold or sell for others. Thank you

Thank you Op and God bless you. I didn't see the thread and do not plan to see it either. You can be sure there many of such here on Nairaland always twisting God's Word and also attacking the Church or anyone that represents Christ. The gates of hell will surely not prevail and we pray for as many that have taken in the lies in that thread, to be delivered from the deception of Satan therein.
The end is truly here, let the true believers keep their garment cleans, backsliders, know that there is room for repentance and those that have not experienced Jesus, come and encounter him, you will be glad for all eternity.

HappyPagan:
You are everything that's wrong with the Nigerian Christian. If you were asked to make a statement without referencing the Bible, I doubt you'd be able to... Your mind is worth more than a few Bible verse. The world is bigger than Genesis-Revelations. Explore, read, get sense so you can start making contributions that don't sound like you are talking to your church members.


The Internet is not your church. Learn to learn from everyone. It will help you be more like Jesus. Not noisy and showy like the Pharisees and Saducees.

So glad to see that you know Jesus exists and has a differing nature from the Pharisees and Saducees of His day! I strongly suspect that deep within you there is a silent cry to know him. I pray that you encounter Him soon!

Did an M.Sc in the UK and it was the best decision, I ever made. Had a complete re-orientation about what Education is all about. Regrets? Never!

https://www.nairaland.com/5381025/gimba-kakanda-accusing-wike-demolishing
And now that the whole news has turned out to be FAKE, can we convert the energy used in arguing over the fake news to convince and convict the rumour monger who started this to please delete the fake news on his Twitter handle and also tender an apology for wrongly accusing WIKE for demolishing a non-existent mosque rather than 'letting this slide for now'.
Can this thread too be locked or deleted cos all the hatred & accusation coming out have been based on a non existent event

mofedamijo:
If its murtala intl,when u get dropped off at departure,DONT USE THE TROLLEY OOOO,NA N500,if u dont have N500 to give them kukuma roll ur luggage...now u see people queuing up at the entrance,join them bring out ur international passport,n ticket booking,strong ur face,when u get to the immi guyz at the entrance there,if they ask where u going tell them straight up,dont smile,n they il collect ur passport n look at it shikena,drop ur bag on the scanner and receive it at the other end of it,its right adter u enter just by ur right,one u receive ur luggage back,proceed to ur airline desk,u will see the airline logo and name on each desk...there should b a queue if check in as started,join the queue when its ur turn,they will collect ur ticket booking,check it on the system to be sure ur visa is genuine and thereafter weigh ur luggage depending on the airline,but its mostly 20-23kg for two luggages,that is 23kg each for two luggage and 11-14kg for one hand luggage,now if ur luggage is within kg limit,they tag ur bag give u ur boarding ticket and thats it,take ur hand luggage with u and dance azonto till ur boarding starts,ur boarding time is always on you ticket,same as your seat number and boarding gate,when boarding has been announced or u just want to go close because time is getting close,go through the boarding gate on ur ticket,(another immi officer will be at the entrance leading to the boarding area,them plenty sef,just string ur faces small,and if they ask u where ure going tell them straight)u will see something like Gate D,Gate C etc,if u cant find it ask they will direct u,now still on ur ticket u will see the particular gate where ur airline will board,GateD2,or Gate D3,what ever gate,when u get to the boarding area look up and u will see the one for your airline,now our airport is not very big,thats why am telling u all this,i dont know where ure going to,so if ure going to a very big airport like charles de gaulle airport,its a massive airport bro,so u will have to work with the arrows up and the big screens that shows flight details,those arrows will keep telling u where ure going so keep following the one that concerns u.....am telling u all thsi since u said its your first time,
DONT GIVE ANYBODY SHISHI,EXCEPT U JUST LIKE THE LADYS FACE OR U LIKE THE GUYS SHOE,BUH URE NOT MANDATED TO...

can't help laughing but completely agree with you. Those uniformed personnel at our Airport, Ikeja in particular can be so irritating and its high time a stop is put to their shameful acts

Very interesting thread @op, thanks also for making it flow, else the lessons from the credit card discourse would have been lost. I feel what you have been through and am really encouraged by your decision, pls keep it comming though I know that work schedule will now make this not easy. However I would like to request a favour, from you, Justwise & other admin; kindly give us a thread on Tier 2 Visa applications, it is great to see that it is still possible to get sponsored to work in the UK from Nigeria. Some of us are not just too comfortable with the distance & cost for Australian PR or the weather for Canadian PR

Chukwuka16:
The night of Brexit would ever remain green in my memory. Past midnight there was this certainty that vote remain would have it. Even farage and Boris had subtly conceded defeat, but the results from Wales was the tie breaker and by morning those who left to France the previous day returned by principle to a non-EU country. The result was catastrophic. GBP took a serious bashing and crashed to records low. As article 50 is being triggered it's important we begin assessing it's impact and the subtle opportunities it's going to create. How will education be affected. What incentives would be available for businesses since they would need to provide some incentives for their companies like tax rebates etc to cushion the effects of leaving the free market. How can we tap into this market and benefit maximally should be up for discussion. I see some peeps arguing that UK isn't Nigeria. It would do us a lot good if we just keep an open mind and learn from others as the world is only separated geographically. In essence it's a global village.
Furthermore UK would be re-negotiating alot of trade deals with fellow EU countries and would obviously be looking for deals that offer it the best value. Nations like South Africa would be looking to boost their exports of wine etc to the UK. Nigeria that wants to recover from recession and diversify her economy has been aware since referendum day of this day. Instead of getting our house in order to compete with South America in exporting things like mango and pawpaw and increasing our market share of other products was rather getting our beans banned to EU due to lack of proper management and due diligence.
Brits are cautious now. Spending is dropping and credits are increasing. Scotland is around the corner tinkering with the idea of another referendum to leave the UK and the economy is expected to contract up to 2% this year. With this uncertainty the government would no doubt want to encourage spending to stimulate the economy. Furthermore to keep London attractive would take alot by the government as many EU companies may be forced to relocate their HQs from London to maybe Paris or Brussels or Berlin etc to remain in the free market.
I'm willing to learn from advanced minds on this platform the paradigm shift and economic implications of triggering article 50. What opportunities are there for entrepreneurs and academics. These are my interests and would welcome further enlightenment.

would be glad to know more of these too. In addition how would Brexit favour migration of skilled workers from sub Saharan African Countries like Nigeria?
Will Brexit allow for a level playing with other EU nationals in this regard and are we really in a position to adequately compete with them in the UK skills demand in a post Brexit environment.
Will also like to see how the blue channel will be eliminated at UK airports

Best appointment so far in the history of NERC. Hope they will be able to rise above the prevailing systems and culture because for once every industry player will sit up and stop the current hide and seek games (especially DISCOs)

I am a proud muslima, a devoted one at that. But I also like being honest at all times.

Nonetheless, I think I may be forced to have a rethink and retrace my steps regarding the darkly controversial nature of the religion I believe.

A separate section was created for the mulims so that they wil be able to discuss better and have their thoughts well organised, but why can't same be said for the Christians? 

Is Nairaland actively upholding tribalism/favouritism, or what? The same Nairaland that included in its laws that we should not disregard people's race, tribe, religion? 

Talk about blatant hypocrisy. Honestly, I find it very irksome that I'm first required to accept the "islamic proclamation of Allah being the only true sovereign presiding over the whole universe", each time I want to drop a comment on an islamic thread. 

Please, Seun needs to look into this matter, and see to it that it is appropriately resolved.

However, I don't honestly care much though, because this one-sided system only stands to prove that Islams are afraid of their vague, sphinx-like beliefs being subjected under the powerful lens of thorough scrutiny and questioning and being brought into the glory of light. Their greatest fear is that once rational people begin to invade their threads unrestrained, then gradually, their lies will be pointed out, one by one, in the glaring eyes of all.

Thank you so much for being honest.
oga Seun over to you

@doskie, nice setup, those batteries are the real thing, I guess it's the 1000Ah range. Will give you a call later in the day

Finally, all your solar-controller-battery will either work well or underwork if you fail to get your wiring correct. It is not just a matter of 6mm or 10 yards. For effective charging the rule states that the maximum voltage drop between the panel and the inverter should not exceed 3%. To achieve that you must get your cabling right or else, you waste money.
Yes lightning protection is very necessary and the MPPT crew should know that at certain voltages and battery connection a surge protection is a must,( classical example-midnite solar).
Above all Solar pass theory o, you must do it practically to know it as you should. To those asking for where to learn, start here and look out for practical installation. God bless you all.
I'd be glad to answer question with the OP, I dey fear to call that name sef

SOLAR PANEL

For panels, I think any panel will do. All the consumer has to do is ensure that the ratings are accurate. Ask the seller to test the Short Circuit Current and Voltage for you and once done, multiply the current (I) by the Voltage (V) to see if it is close to or same as the panel power ratings in Watts. After confirming this, just take your panel home ensuring you prevent it from damage during transport and installation, and you should be good to go. Solar panels last for as much as 20 - 25 years or more. Though in dry seasons and dusty areas, they require cleaning once in a while. However, in rainy seasons, rainfalls can help you clean them up.

My products are 2 of 300W/24V panels. Quite heavy and large.

Someone asked me to help him acquire his own system and i therefore want to get inputs from Nairalander before making my decisions on brands to go for. So I ask that users of solar system come in and give their bitter or good experience using brands of batteries, inverters, charge controllers and solar panels. And also, mods please take us to front page for more contributions

I agree 100% with poster who played down the emphasis on thw superiority of mono over poly. Maybe you should look at the doc he attached, It's high time we began to adapt the tbeories we ve read to suit our environment. That aside the issue of shading of the solar cell must be taken seriously if you are going to enjoy solar and correct information must be given too. There are standards in the solar industry, believing a panel of 200W @24V will give 7.25A is incorrect for instance. Check the name plate, do a little load test, a dc clamp on is a necessity for every DIY solar enthusiasts &prfessionals. Take the rated and short circuit current given at the back of the solar module very seriously. If for instance you see a figure of 4.5A and 4.85A given as rated & short circuit, then know that if the highset sunshine comes out and stay for one hour you wont get more than 4AH . If you have such light for 5hour with one module, assuming other things constant you woulld have harvested 4*5=20Ah with diffuse radiation and time of intermittent shadowing, the highest you'd do with one module will be around 26Ah. If your battery is 200Ah and gets depleted to say 50% dod, then you ve got a long way to go if you dont increase the number of modules you put out there. The fact that your panel has 200W doesnt mean it will give you 200W, that rating is at STC, look for NOCT ratings which are a little but more realistic and be mindful of temperature cos your panel performance decreases with temoerature increase, this is naija not America!

CHARGE CONTROLLER

In this case, I use a Chinese product and it did get faulty whenever my batteries discharge below the Low Voltage Disconnection Protection (LDP). I've changed this product twice (within six months) due to the guarantee period given by the guy that sold it to me. From its pack, it is more of a nameless product.

For charge controllers, TriStar is expensive but as usual will give you value for your money. I neither know nor have I heard much about Indian brands of Charge Controllers. Although I've used one in the past which worked pretty well and always tells me when I should switch off my inverter by a red signal light. Will get the name later and post on this thread.

So sorry for your experience with the CC. If I can recollect very well, I have used the controller shown more than 5 times and had no issue, the user interface/digital display and higher amperage made it a choice for me over the morning star PWM and BP solar CC I gad been used to un the past. No, it is not nameless but was brought into the country by Roysolar ( A chinese outfit at Fedan plaza Alaba), the company started well with good product with outstanding quality but in recent time has been tilting towards the Alaba 'factor' but when you know what you need they will give it to you. Roy & Ezi Blessed are my only trusted vendors in Alaba.
on MPPT, you'd be surprised that most product being branded online are MPPT by name & PWM by design, for most application in Nigeria, with the weather we have, I consider MPPT CC not necessary, maybe if someone will show me ab appreciable difference in the daily sun harvest using an MPPT CC and PWM CC in naija, I'll have a change of mind

BATTERIES

This one seems to be the major problem people are likely to encounter when going solar. There are so many brands of batteries out there but getting a cheap one that will last long is quit difficult. I'm using 2 of 12V/200Ah PowerTek Deep Cycle batteries, of which one of them is giving me issues just within 6 months of purchase. One of the batteries never gets beyond 10.7 volts after full charge (and during initial us sage) while the other reaches 12.9V after full charge and during initial discharge. The man I bought it from asked me to have a car battery charger to charge the faulty one separately but I've not had the chance for that yet.

I've heard about Luminous, Synergy and Su-Kam batteries and from what I heard, they are pretty ok, although expensive. A friend of mine that works for a Solar system coy told me that the top three Indian products in Nigeria are the strongest ones among the Indian ones. And that they hardly get complains from consumers in that regards. My brother has used Luminous battery for 18 months and it appears to still be working fine while his Luminous Inverter seems to be faulty after using it for 18 months.

TriStar is expensive but better than the Indian batteries though.

One of the top Chinese brands in Nigeria is Mercury. I've not used it before, but based on what my bro said, he was like people that he knows that use it don't complain. It's quit cheap and in same range as some lower end Indian products in terms of prices.

On batteries the truth of the matter is that every battery produced has a life cycle that ia determined by the number of charge/discharge recorded. Most of the batteries in today's market do not come with this information because they are sub-standard, the likes of Zenith, Ritar, Luminous, etc are more favoured because by experience people have come to know them. I have had my bad days with luminous batteries though the good experiences have been more. The most expensive item with the shortest lifespan in an Off-grid RE system is the battery and you can't afford to throw money away just like that. But if you really really want to go for batteries try out the 2V or 6V high amperage deep cycle batteries. Even a fairly used (decommissioned ) set of this type will last you longer and better than the popular 12V modular brands

Great thread and sincerity by the OP

INVERTER

Firstly, I'm using Microtek (1.6KVa/24V) Pure Sinewave Inverter which is a very strong one and is almost getting to it's sixth month. Why I classify it as a strong inverter is that on several occasions, I've had it plugged into a socket that feeds off itself mistakenly but it hasn't developed any fault at all. From what I've heard, this can outrightly damage an inverter. I've been more careful these days but as you all know it, mistakes are bound to happen and I usually tend to repeat it once in a while. By the way, it's made in India.

I've heard about Indian brands like Su-Kam, Luminous and Synergy. These set seems to be the high end Indian products and from what I've heard, it seems they do their work well tho might be costlier than others. My bro used his Luminous Inverter for 18 months before it developed fault.. I've heard only very little about other brands like MPower, SoccerPower, etc. From what I heard about these other inverters, they are ok.

From the person I purchased my solar system, I got to hear of American brand called TriStar. Quit expensive but does it job outstandingly well.

There is a need to clarify the two main types of inverters in the market today. 1. The high frequency inverters pure or modified sine wave, inexpensive and relatively light in weight. If all you want is lighting, TV, decoder, fans and the likes, then go for this.
2. The low frequency inverters, pure or modified sinewave, more expensive, bulky with more weight. If you are considering more inductive load like refrigerators, electric motor or compressor based application, in addition to the load listed above then you are good with thus.
Most inverters in the market today incorpoates a battery charging element which enable you to recharge your depleted battery once there is mains power. On suitable brand, the indian brand I agree are more preffered though more expensive plus the fact that the input voltage range IMO are most ti es unnecessarily outrageous! For instance 12V is limited to less than 1KVA, 24V limited to 2.4KVA, anything rating higher than this goes for 48V, 96, and even 120V whereas you will still get an American Spec (e.g Outback) of 5KVA rating with 24V input. There are locally built inverter and Chinese inverters less than 2KVA that can easily be purchased within a tight budget and yet perform well. The only edge Luminous, Sukam & co have (IMO) is the availability of after sales repairs and services offered

Oga justwise , imperialebony thanks for letting it go.
@zoe07 maybe you should start a new application and let it be on the new platform if you are applying from naija. The short term student visa has been merged with others to become the standard visitor visa and you will get that on the new visa application platform

imperialebony:
Try Air Maroc or Ethiopian. They are very fair in fares and passenger treats.

Thank you sir, will look into it, am not just a fan of seating long in airports in the name of connecting flight.
I also saw Medview now runs a direct flight to LGW airport. Anybody's got any experience on this route?
@justwise, you are sure doing a good job on this forum though I hate to admit you let the pressure get to you at times, but you still remain one of the more rational mods on NL, just try and understand imperialebony &phardy view points. Even in the most perfect human system, imperferctions can still be spotted and this include the UK system. Furthermore both of you (justwise and imperialebony) are providing good counsels on this page, pls let there be no bad blood biko.

Hello house, and a big thumb up to the gurus in the house. Can someone recommend a cheaper flight to the UK for end of June. BA & Virgin no longer look attractive cost-wise (except you are a politician of course) and the review on Arik hasn't been quite impressive. Thanks

thought they've rescued the Chibok girls.