₦airaland Forum

Mpeace:
Aradel is 900 today

Sunrisepebble:
The Q4 results were good. I applied for 2m units of the public offer, I like the company

mikeapollo:
Custodian has been consistent in capital appreciation over the years.
If you are interested in dividends, I would suggest you compare the possible dividend yield (at current price and current (or prior year) dividend) with other yields or interest rates in the market. If you are okay, then you may go ahead and buy.

ositadima1:
Custodian’s 2025 results look strong, but it wasn’t a normal growth year. Total assets expanded sharply from about ₦407bn to over ₦1.0tn, mainly due to acquisitions and a big increase in investments. Although these acquisitions were funded internally, they also brought in large existing assets and liabilities, which significantly inflated the balance sheet.

Profit after tax rose to about ₦67bn, with EPS of 1,119 kobo. However, earnings were heavily supported by investment income and market-related gains of over ₦110bn, compared to an insurance service result of roughly ₦12bn. This shows profits were more investment-driven than underwriting-driven.

Operating cash flow of about ₦478bn looks very strong, but roughly ₦410bn of this came from a sharp rise in trade payables, meaning cash was boosted mainly by delayed payments rather than permanently higher earnings.

Given the mixed quality of earnings and higher sensitivity to markets, I think a reasonable valuation range is a P/E of about 5x–7x, not a high insurance multiple. Applying this to the EPS of ₦11.19 gives a fair value range of roughly ₦56 to ₦78 per share (aj8 style ). Until earnings stability is proven through a weaker market cycle, 2025 should not be treated as a clean baseline year.

Numbers first, narratives later.
-- ositadima1

PuristForest:
Hypothetically, bro, how can you even consider this as an investor?....like sit on your capital in the market for 10 years with no gains.....abi na joke ni - dividend or no dividend

yMcy56:
The amount, 16.45 is simply outside the -/+10% band for today.

TIP's closing price on Friday 30/01/2026 was N14.95
The +/-10% band for today will be:
Lowest price (-10%) = 13.50
Highest price (+10%) = 16.40

* Note: If you do the 10% calculations, it will give you 16.49....but looking at the Per Value movement of TIP, it's 0.05

* So the Mvmt will be in the range of +/-0.05
E.g. 16.10, 16.15, 16.20, 16.25.......16.35, 16.40....

** This is the rule**

- For stocks less than or equals to N10, the mvmt is 0.01 -termed Penny Stocks
- For stocks above N10 but less than N50 (I think), the mvmt is 0.05
- For stocks above 50 but less than 100 or so, 0.10 (will confirm this)

ogawisdom:
Over subscription seems unlikely because no institutional involvement mainly retail investors and HNIs.

stronglink:
Is the result for TIP out?

Stockpromoter:
ROYAL EXCHANGE (ROYALX) – Q4 2025 IN FOCUS
Market attention is shifting to Royal Exchange Q4 2025 numbers, as current forecasts point to over ₦1bn profit after tax in Q4 alone. This is significant because Q4 is typically the strongest quarter for insurance firms due to premium recognition, investment income and claims adjustments.
If Q4 delivers ₦1bn+ PAT, even a modest or breakeven performance in Q1–Q3 means FY 2025 unaudited results will close positive, confirming a clear turnaround for the company.
A strong Q4 would:
Validate Royal Exchange’s earnings recovery
Reset market perception from survival to growth
Support a re-rating ahead of audited results
As long as the Q4 profit is largely operational and not just one-off accounting gains, the market is likely to price in the turnaround before full-year numbers are released.
In insurance stocks, earnings inflection always comes before price breakout. Q4 2025 is the key trigger to watch.

ManAdii:
Please who knows how much cardinalstone brokers charge as commission when someone buys a stock?

SohSoh:
ZICHIS OPEN DAY LIGHT ROBBERY


"Zichis has reached 2.39, confirming my suspicions about this listing. It feels like we're being played by those in the know.

No wahala... I’ve found my 2026 hustle: Official Zichis Whistleblower.

Let me see that person who will come here and blow grammar about why we must buy ZICHIS. Nobody is safe, not even those stock gurus on TikTok. I go change am for everybody.



Zichis listed 600 million shares : Listing by Introduction. At 1.81

Till now retail investors/traders haven't been able to buy it...

Una papa insiders, why una no just do private or Insider deals before listing and just sell at the right price ...

una wan do open dey light robbery.... na because of Ellah Lakes una get that kind mind
Una papa

Hamachi:
Good morning, a friend of mine would retire in 2031 but he has a child of 6years.She needs a reliable and viable investment for the child so that the burden of school fees won't be much on him when he retires. His budget is 50k per month

Mpeace:
MTN has officially crossed 600. Wow
Fuuuullll bid

PZ @ 57. Chasing Cadbury

Laolballs:
I’ve noticed a dangerous trend in how most people approach the Nigerian Stock Market. They buy because a friend told them to, or panic sell because they saw a scary headline. That’s not investing, that’s gambling.

​The market is too complex to navigate with just "vibes" and rumors. You need data.

​That’s why I built NairaShield. I wanted to create a tool that moves the "Regular Joe" away from gossip and towards data-driven decisions.

​No more guessing. No more FOMO. Just clear, actionable insights.

​Check it out here: https://finance.threadnix.com

Valthegreat:
My bad, you are right I am mistaking Coronation Registrars for Cardinal Stone here. Thanks for the correction.

Valthegreat:
Thanks for your response, but if this is the case it means CARDINAL STONE is pushing their job back to me in the mandate form.
Cardinal Stone registrars are the registrars to MTN and also ARADEL, I didn't receive my MTN dividend and when I wrote them they sent me mandate form to fill and in the mandate from they listed all the companies they are registrars to and are expecting me to provide my shareholder's number for each of them that I hold.

faoogoke:
My Stockbubble guy.

Is there is a menu prompt on your site that allows view for stocks in Red, Green and Neutral?

It will be good if such feature is added.

iskalamong:
Very true.

No lies detected.

Iskalamong
.

.

talk2yommex2000:
Thank you so much. I tried this out just now on playstore, then I got a response that cannot work on my phone. I wonder why. I'll screenshot the response and send it maybe you can help with a way around that.

ogawisdom:
Promoters of TIP public offer are doing a great job defending the SP in the market to make the offer seem attractive. Hmmm

emmanuelewumi:
N10 billion is chicken change to GTB.

Insiders want to increase their holdings and they don't want to buy on the floor, probably because it will affect the stock price.

The private placement of a thing is to get over 120 million units at a cheap price

essentialone:
Is Royalex getting set for a Rally?

HesInMe:
Honestly, this is how it works in every modern economy. Even in the US, where privacy rights and suspicion of government are taken to an extreme.

You cannot tax what you cannot track.

Stockhunter:
I rememeber back in the days, just early after University. Nvdia was a stand out in gaming graphic card. If we buy a desktop system that had intel graphic card we will change it to nvdia for better performance. When i look back after seeing nvdia with their 5 trillion dollar value today i just shake my head.. Then i wasnt heavy on stocks after the 2008 beating. If not such were pointers for future performance of a company. The signs will always be there for a company with potential, just that the Thomas in us will always prop up. Because nothing is absolute and there are no guarantees in life.

unite4real:
This is my concern as well. The dilution will become too much and investors will have to wait a long time.
Even after allotments, the price can be depressed due to this.
They should have simply maintained and stayed on the original plan.
The statement on the extension stats due to strong demand. It appears they want to mop more money

emmanuelewumi:
Bond gives predictable income for the duration of the investment, you can reinvest your coupon in equities, real estate or dollar denominated invested.

I once borrowed against my mutual fund and used the loan to buy dollars at less than N900 and invested in Eurobond.


It depends on how you want to play the game, knowing fully well that you have a predictable income from the investment for the next 10 years

Agbalowomeri:
150k that time was more than $1k