₦airaland Forum

PETERiCHY:
The shares gained 41.3percent during the week after opening at N8.95 on Monday to close at N12.65 on Thursday, the last trading day

Specifically, it gained 9.5 percent, 9.69percent, 9.77percent and 7.20percent on Monday to Thursday respectively.

The rush for Lafarge shares can be linked to its return to the path of profitability.

Administrative expenses declined to N17.55billion from N24.87billion in 2018. *Profit after tax ballooned to N115.10billion from a loss of N8.8billion in 2018. It also propsed a final dividend of N1 per ordinary share to its shareholders.

Also, the repayment of all WAPCO’S FX related borrowings means that the company’s earnings are now less volatile despite the recent oil price collapse-induced currency pressure.

The proceeds from LSAH disengagement have been used to offset all its Foreign Currency debt of $293 million, including accrued interest of $23 million. From

N266.20 billion in 2018, debt (ex-overdraft) has declined to N64.19 billion, paving the way for a 56.1percent year-on-year decline in finance charges over 2019FY.

https://www.google.com/amp/s/businessday.ng/companies/article/lafarge-in-four-day-gain-on-bargain-hunting-amid-impressive-2019-result/amp/

I am 100% sure you are leaving this bus later TODAY 14TH APRIL 2020 and you will leave before 1pm. Blind passengers, take note.

People have started comparing Zenith with WAPCO already......
I did same....

Bomboclad:
Successfully out of WAPCO @ 10:00 hrs this morning with my loot. I hope it goes further so passengers can keep up the enjoyment.

This guy is a very smart JIJOIST......
Let the cash cool down before you deploy it....

dinyelutochukwu:
When two elephants fight, you know the rest.

https://www.nairaland.com/5782065/rivers-state-government-declares-carveton

I most buy this one below N2.
Wike continue, you are our man...

Mcy56:
I think this is one of the reasons for Dangsugar full bid:
Merger with Savannah Sugar, got SEC approval.

https://thenationonlineng.net/merger-dangote-sugar-savannah-sugar-get-regulatory-approval/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2319933+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

This quote from this air-conditioned reporter made me laugh......."The greenfield sites like Savannah Sugar, will be integrated sugar production facilities with new plantation and modern facilities that are located closer to the consumers..."

Savannah wey Bachama people don tire to hunt rabbits for the Sugar plantation be green Field?
At least I have personally hidden inside Dangote Sugar plantation at Savannah to avoid armed robbers about five years back....

I love Dangsugar shareholders, when they see results, refuse to upload it on NSE on time, wait to collect your shares first, HOARDING should commence. Then start moving the shares 10 10 10% up until you break even before you open the door.....

Maybe Caverton brought Amaechi home...

Justcul:
I look forward to buy back the Zenith I sold today at 13. I hope to get in again tomorrow

Now, which spirit come cause this one now, that of Loco, we know, that of Richy, we can identify, that of Mcy has repented. But this one is Novel, maybe Corona spirit....

GTB!!!....

Mcy56:
I think Access Bank hijacked fcmb MM.
In fcmb days, the price would have passed that of fidelity by now.

This babe has really been around for long.

ositadima1:
Zenith and UBA are 6th and 8th respectively when it comes to dividend yield. Trancorp and Japaul are 80th and 93rd respectively.

Recovery is very likely. Even without capital appreciation at an average of 10% return he would have recovered his losses in 7 years.

Zenith dropped by 41% this year.
Therefore, 25m loss evaluates to 100÷41×25m =61m

61m was his initial investment, while he has 36m left in the market.

7 years at 10% average; 36m × 10 ÷ 100 × 7 = 25.2m

After 7 years he will be back where he started at 61m.

Na dat time he will understand what currency devaluation means...

Seunn11:
Help my portfolio, people.
My Zenith is now in red to the tune of 25m. Help!!!
UBA is 6.5m loss.

I don see gate where I will apply as a Gate man.....
Please provide house address, I cant waste this opportunity

..

PharmAlfred:
Hahahaha. This time might be different oo.

Krisuba:
[quote author= hmmmm. Fcmb started losing!! Hope its not heading for 1.1 as somebody said. Loaded @ 1.5 shud I run or stay??

Run?
Follow it to it's hideout instead, it will have no choice but to show you it's hidden treasures....

thebargainhunte:
The engine is stemming, tomorrow's outcome will determine our journey

Plug your phone....

9jatriot:
Una de follow sell crude oil join"?

Some guys here will sell you sharp sharp if you forget your location.....

Bomboclad:
$36 NOW!

What is chasing it?

1kinggy:
Are breweries still a good buy? I can see an earlier post showing them at average of -90% from ATH which makes them enticing.

I expect a boom after this shutdown of bars and joints.

Are you thinking that people's habits have changed with the lock-down? NB trucks are still active, align....

Cc: VCV....

ukay2:
AUDIO REVERSAL


April may test lower low

Am waiting for one more cutlass towards end of April to pick more juicy stocks

So relax Sir.

RabbiDoracle:
Reversal starts now.

Index has touched a powerful reversal point.

I dey your back. Have been loading since morning, I no fit shout.....

rebekah2011:
CBN mandated them all to donate.

But must it be up to over N1B from FBNH? Why not N250M?

locodemy:
Same with fcmb.
No date.
Just 14kobo to tease shareholders

FBNH has donated more than N1B for covid in cash and kind. This is a company that pays trash as dividend.

Do they know what their aged shareholders are going through is far worse than this ordinary catarrh?
How can a company that pays peanuts as dividend, which actually paid 26k last year be coughing out Over N1B for Corona?
Is Corona a shareholder here?

rebekah2011:
https://twitter.com/George_Osborne/status/1245092378182135809?s=20

I hope UBA and other banks that have not paid dividend will turn to audio dividend

Used for covid-19 intervention......

maishai:
The result is truely an accounting Gimmick, Sir lets dissect this IB, Its on my radar, I don't want to believe they will quickly delist as it wont be as easy to import money into the company were it not listed on the exchange through the rights issue....... What would be a good price to key into this stock

This Job is strictly for OGG.....
His food don ready....

From Facebook:

I think the world needs to know this.

Wetin we no go hear, copied ) *Corona: Something is wrong ...!*

� Wuhan to Shanghai = 629 km
� Wuhan to Beijing = 1052 km
Wuhan to Milan = 8700 km
� Wuhan to New York = 12000 km
� Wuhan to Etli = 8670 km
� Wuhan to London = 8880 km
� Wuhan to Paris = 8900 km
� Wuhan to Spain = 9830 km
� Wuhan to India = 3575 km
� Wuhan to Iran = 6560 km

� Corona in Wuhan's nearby city of Beijing / Shanghai had no effect, but ...
^ Death in Italy, Iran, Europe countries and ruining the world economy…!
All business areas of China are safe…!

� * Something is wrong…! *
America is not blaming China like this ...! *
�4
Fear of terror, America kept protecting us and kept selling weapons and ...
� On the other hand, China has worsened the economic situation of the whole world and today itself is sitting safely!
� It says - far-sighted and long-held conspiracy to rule the world ...!
The virus from Wuhan reached the whole world but did not reach Beijing, Shanghai ...! Why ...?

Great people in the world have been corona, Hollywood - Star, Australia's Home Minister, Britain's Health - Minister, Spain's Prime Minister's wife and now Britain's Prince Charles also has Corona, but China Corona has not even touched a single leader, a single military - commander ...! Why ...?

� Corona virus has ruined the economy worldwide, thousands have lost their lives, millions have been sick and countless people have been locked in homes, locked down in many countries, In which India is also one!

� Corona virus has originated from the city of Wuhan in China and now it has reached every corner of the world, but this virus has not reached the capital of China: Beijing and the economic-capital: Shanghai near Wuhan, why ...?

� Today Paris is closed, New York is closed, Berlin is closed, Rome is closed, Delhi is closed, Mumbai is closed, major economic and political centers of the world are closed, but Beijing and Shanghai are open, there Corona did not show any effect! Numerous cases came to light, but in a way, Corona had no effect on Beijing and Shanghai, why ...?

� Beijing is the city where all the leaders of China live, military-leaders live here, those who run the power of China live here, there is no lock-down in Beijing! It is open! Corona has no effect here, why ...?

� Shanghai is the city that runs China's economy, it is the economic capital of China, here all the rich people of China live! Those who keep the industry running, there is no lock-down here, corona here has no effect…! * Why ...? *

� Is corona a pandemic virus, which has been told that you have to create panic all over the world, but you will not come to Beijing and Shanghai, it is very important to ask China the question that when the biggest developed countries of the world Could not stop Corona! Corona created terror in big cities of the world, so why did not this conflict reach Beijing…? ; Why not reach Shanghai ...? * Why ...? *

� Beijing and Shanghai are the areas adjacent to Wuhan! The virus from Wuhan reached every corner of the world, but this virus did not reach Beijing and Shanghai…! * Why ...? *

� Today, the whole of India and 130 crore Indians may be locked-down! Our economy is coming to a standstill, but all major cities of China are open and now and from April 8, China is also opening Wuhan! The whole world is stricken with terror! Now new cases are not coming in China and China is open…! * Why ...? *

� Another big thing is that the stock market around the world has fallen by almost half! Nifty has gone from 12 thousand to 7 thousand in India too! But China's share - market was at 3 thousand which is only at 2700! There is no effect of this virus on the Chinese market as well…! * Why ...? *

Whatever these things are, they only point to one thing that the corona is a bio-chemical weapon of China, which China has left for destruction in the world! After getting some people killed, China has now controlled this virus! Perhaps he also has medicine, which he is not sharing with the world!

*Why…?*

robobo:
. Chief the script play has finished na interlude we dey now. When the next play go start i dont know but what i know is that interlude by its nature is short

Coolcash1:
http://www.nse.com.ng/Financial_NewsDocs/29399_LAFARGE_WAPCO_PLC._CORPORATE_ACTIONS_MARCH_2020.pdf

Yours truly is heavy here....