ojeysky:
PZ on 52 week low....Hmm

@bbm abeg where bottom de for here make men make mount

BullBearMkt:

...tentatively 24, then 31 IF everything looks good.

Make I reduce my expectations then. Thank you

When una wan push Berger paints reach make I know my bus stop.

@BBM, on the chart it looks like it a new high, any idea how far it can go from here?

Okpai and kwale can't use over 500MW of electricity as they are a small community. I don't know about the installed capacity at the Ebocha center.

ositadima1:



This is a very interesting point. It does not seem like their power plants are linked to the national grid, based on my experience while I was at Ebocha.

The surrounding community was using free electricity; nobody paid a dime. The power supply was steady. Also, the gas plant in Omoku was used to power the Ebocha Oil Center operations. As far as I know, these power generating plants are not commercial but used to run the in-house operations and neighboring communities.

If Oando decides to commercialize this power, then it will be a big issue between them and the surrounding communities.

megawealth01:


What country pls?

In Nigeria

For people who own rental assets. Have you used alternative dispute resolution ADR at the courts (arbitration or Multidoor courts) that do not require the rigours of numerous adjournments in the regular court room to resolve issues with troublesome tenants and what role did the police play in it before the hearing at the courts.

I need recommendation of lawyers that practice in and around Abule Egba down to Sango otta to institute a case against some tenants in otta at the otta magistrate court. Thank you.

BuchyD:



Very overated stock especially for "struggling" investors....... Na stock split go follow laslas

You won't say this if you bought it below 200 over 4yrs ago

Ucap doesn't appear to be slowing down anytime soon.

Mpeace:
Totalenergies delivered as expected. Eps for H1 alone is now 60.58 from 25.88.

With this type result and their dividend history, I can on say hmmm

Foreign exchange gains helped them. Whether it is a sustainable component of their earnings going forward is left to be seen. Good result even without it anyway.

Thank you for this

gbadexy:

Quality paint and allied products is my forte but I like to share whatever knowledge that can help in line with the intention for the creation of this great thread by Hajj muftau.
I have seen different manifestations of damp.
If it's as a result of water from outside wall or across toilet and bathroom wall, using water resistant paint would prevent it.
If it's from capillary action of ground water, there is little that can be done from experience. The water would find another path of little resistance to come up if one side is blocked using any means.
If the place is tiled, it can appear as blisters over 6 feet above tiles or even appear in a separate place.
As temperature rises, water turns to vapor and rises up trying to escape and it shows as bubbles that blisters as it pushes the paint cost or even parts of plaster. After a while, it would even weaken and affect the plaster there.
What I have suggested to clients in water prone area is to use paint with low binder and applied lightly in a single coat about a feet below the surface so that ground water escapes through there and it can be repainted occasionally separate from the more expensive paint of different color above it.
I saw something even better in a site I've been engaged to supply paints. They used Tyrolean at the base round the building. This can be made lower and left unpainted round the building. The ground water would escape to the surface easily without affecting the wall or paint above it.
Having outside floor that slopes away from the building and preventing water to accumulate long round the building would also help.
I supply undercoat to seal water but there effectiveness is only where it ends except the whole room would be painted with it before screeding in a building prone to severe damp.

For those that had to deal with rising damp on their walls, what solutions have you implemented and have they worked so far or some failed.
Some people use wall tiles on external walls but the damp sometimes rise above the tiles in some cases.

For those who have used costarchem products, pls share recommendations and your particular application.

Thank you.

Mfunkynation:

This is wonderful!
my guts told me Nacho might be up to something...
The way it is being push towards 40 ehh..

I might be wrong oo

Sky aviation result should be a pointer to what nahco's result will look like.

Whenever I enter my NIN into the passport portal, my details will not be found. Same goes for when I attempted to use it to register my business name on the cac portal. The bank generated my NIN. Does anyone have this experience and how were they able to solve such issue. Thanks

robobo:


why he no go Red. when una want collect 70% reward from wetin una no work for / put in any risk for

Maybe Tony will withdraw his handshake with tinubu now. Na shareholders lose pass. Wind fall profit in form of special dividend we no see, now govt wants to take almost everything. Obodo oyinbo govt sef no do reach like this.

Pesuzok:
Dangote should crash the price of pms and send the importers out of business. To me, that is fair competition, but wanting fg to ban import might not really be fair.

Secondly the fg should set a minimum standard on the quality of pms either imported or refined.

Lastly, both the refinery and importers should source for their usd themselves

On the bolded, It's a free market now. People sell at the price they want to and that's why you find different stations selling at different prices.

SonofElElyonRet:


That doesnt mean her own allegations should be swept under the carpet... and by the way, while we are at it, why does a rep member earn like N28m per month (if I'm not mistaken)

I am not downplaying her allegations but she could also be bandying numbers around because of how she was questioned at the hearing.

Same woman that was asked by the committee to explain why she fuels her vehicles with 1.5m per month. Let her continue to play

chimex38:

No be small epidemic
Na cankerworms unravelling..
40% what!!
I think what's happening is:
If you refuse to dance, they will play your tape.
Same thing might be playing out to the Dangote group.
Na settlement things

Frangel:


If price closed at say N40 on date of qualification:
Price on next trading day would be (N40 minus 90k) divided by 3 = 13.03 (actually N13.00 given the 5kobo price range for UCAP).

Jah bless

Sometimes ago, some shared how to calculate what price of a stock will become after markdown for bonus issue. Considering that UCAP is giving 2:1 and 0.90k dividend, what will be the share price on the next trading day post qualification.

Raider76:


Can't they use the retained earnings or go to the capital market?

Might not be entirely out of the available options. One shareholder had asked if we should expect same % increase in dividend increase in the future, that was the chairman's response.

If they can pay 3 or 3.2 as final dividend, won't be bad

Nahco's dividend increase might not be substantial for FY24. At the last AGM, the chairman said the company was planning more expansion drive to increase value they are able to deliver long term to shareholders and that definitely has to come from cash flows.

No doubt they have done well over the last 2yrs in terms of dividend payout and overall performance. From 0.40k in 2021 to 1.40 or so in 2022, they paid 2.50 thereabout for last uear. Make nobody expect over 4 naira as dividend Sha if the chairman's statement is anything to go by.

For those seeking to trade their rights, access bank offers an option I am yet to explore.

Item 17 on the offer prospectus gives information on how to renounce and trade one's right, has anyone explored this option and filling share transfer form with their brokers. My only concern will be at what price it will be sold.

leparj:
Wat are the resolutions from the
UCAP Board meeting today?
How much dividend n bonus are we getting?
Abi the meeting never end?

Update suppose show before weekend. Ucap isn't like mrs that will hide update for over 6months.

kamtrix:
Good morning people.
2 quick questions please.

1. I've been trying to sell BUAFOODS stock since last week and it's not selling. Same thing with some other stocks. Please any idea what could be happening currently with these stocks.

2. The ngx trading floor level 4 real time access, is it better than using your brokers quotes? Does it display quotes before brokers do? What are the advantages?

Thanks guys

I'll answer your first question. I don't seem to understand the 2nd question.

Buafood is very illiquid (meaning there aren't as much buyers as there are sellers) whenever it is not rallying. Conoil, seplat and a lot of the companies with big price is same. Some companies with low prices are also in the same boat too.

If you need to get out fast, set your price @10% below current market price. You might get lucky to exit but not as fast as you think. If you use Morgan capital, you can use the "good until cancelled" option which allows you to set a maximum future date until your offer gets filled while not having to monitor the market daily.

KarlTom:
Yeah.

If the FG clears all outstanding debts to GenCos, I expect at least ₦20 as FY dividend...

That should explain the rise in revenue

ggoldmine:
Hello good people. Could someone give a smart analysis of Total Vs Seplat for medium to long-term investment? I need a second set of eyes. Thank you.

Business environment aren't the same. Total is in the downstream business(filling stations, lubricants etc) while seplat is into exploration and production of crude oil and gas

this bonus was rumoured earlier in the year and a lot of folks here had thought it will come with the FY23 dividend.

My worry will be share dilution is growth if growth is not like we have seen in nahco going forward. Dividend after now will be reduced.

Mpeace:
Fellow members of the Access family. Shebi una remember say we dey on rights issue. I no understand why una no dey ask how ina go take up all una rights. Or are you all sleeping on your rights like me?

No rights circular was released now. Been waiting to see the info

Pls share recommendations on roofers that have been tried and tested to fix leaks on long span roofs.

We have one wey don almost wan chop money finish like this and the leak doesn't seem to have an end in sight.

Testimonies777:

Can you please throw more lights?

Employee tiff 40bn from the bank

Mankind2024:


"The fundamental law of investing is the uncertainty of the future."
Don't be too sure of what is going to happen.
If you were sure of the future, you would have taken the most difficult loans with the highest interest rate and invest same in NAHCO @N2.30, TRANSCOHOT @ 3.40, Transcorp plc @ N1, CWG pls @N0.9k, SEPLAT @N350.
Always remember that the future is the most uncertain in the fundamental law of investing.
The future depends solely on what we do in the present!

Those who bought nahco at the price you quoted are odogwu today. Most of the directors did same as well in 2020. Imagine earning dividend that is over 70% of your cost price annually. Fixed income rates anywhere in the world can't give you that.