₦airaland Forum

Thanks for your response Chief.

KarlTom:
@sunrisepebble should be able to help

Good afternoon NSEMPA folks

Do you have any update about Vitafoam's bonus shares allocation? Does it typically take this long before SEC grants approval?

@Pennystockwarri @Ymcy56 @KarlTom @Essentialone

A bit lengthy but I found this piece by Feyi Fawehinmi interesting:


https://www.1914reader.com/p/is-this-ipo-halal/comments?utm_source=post&utm_medium=web&triedRedirect=true

It will forever be a dent on his time as Governor.
To say he's been MIA on the environment & waste management front will be an understatement.

His choice as Commissioner has been just as bad.

You can argue that the population of the state's grown geometrically but the actions & inactions of government has certainly made it worse.

Racoon:
Sanwo-Olu really messed up with this refuse collection issue. Imagine the filth everywhere in Lagos especially in the Island.

Attractive at this CP?

Agbalowomeri:
So NAHCO has dropped almost 50% from it's ATH

crownprince2017:
Agba u no tell me say village people wey they pursue peter plenty reach this one oooo..

I just they imagine wetin fit happen if those people catch an....

Interesting report on UACN by Cardinal stone.

Pennystockwarri, i can't find any recent videos on UACN on your Youtube. Will like to watch it as a companion to this report.

https://research.cardinalstone.com/reports

https://research.cardinalstone.com/storage/ResearchReports/Cardinalstone%20Research%20-%20Company%20Update-%20UACN%20-%20Buy%20rating%20reiterated%20as%20deleveraging%20persists.pdf

Thanks for your response. This is noted.

I will be looking to any further contributions from you. Thanks!

Sunrisepebble:
Not really.
Although I have bought some DangSugar

Good morning everyone.

Sunrisepebble, Mercy, Mike Apollo, Pennystockwarri and Megawealth.

It'll be interesting to hear your take on RenCap coverage of Oando...

Abi... I have been in a sort of hibernation for a month or so now... But i don't joke with that handle at all.

deathwing:
Me sef thought I missed something

Trying to decode what this emoji means.

Anything on the horizon to look out for?

Sunrisepebble:

Thanks for your response.

deathwing:
I use CardinalStone, no complaints. No account opening fees. I think minimum you use to fund your wallet is 50k and that’s all.

Thanks for your response.

Since it is going to be for long term positions, I am looking out for brokers that have good quality of service & corporate governance. In simple terms, I am looking out for one that has better process & management in place.

But I doubt any of them will move mad without SEC knocking them down sha. So my fears maybe unfounded.

KarlTom:
I don't use either.
However, I don't think the broker should really be a major consideration.

This is well noted. Thanks for your response.

mikeapollo:
If you ask me, I would suggest you go for a broker that is a subsidiary of a very reputable bank!

Greetings everyone!

I am thinking of domiciling my long time holdings to one of these brokers, FSDH or Cardinalstone.

Which of them will you recommend I go with. How much are there respective account opening fees?

Your advice and experience with them will be useful. Thanks

@ymcy @Sunrisepebble @Karltom @Nosa @PaEmma @Agba @All

I share similar sentiments with you!

I think Fálànà often oversteps the limit of his depth. He may be a sound constitutional lawyer but certainly Economics and governance don't appear to be areas of strength for him.

Many of his takes on economics, governance & related matters are often populists, shallow and unrealistic.

My issue is with journos & media houses that court his opinions on matters that he's clearly not a subject matter expert.

There are much better quality contributors to public discuss by people with broader subject matter expertise than people like Fálànà.

banku:
A very disappointing advice from a well informed and educated hero of the masses.

How does boycotting a big corporation like MTN in Nigeria cow or cure opportunists, poor half illiterates working against their self interest in their own country?

As much as South African politicians know the adverse effects of this crude animalistic behavior, they want their votes to remain in Power.

The few South Africans like Melema boldly coming out against these crude animals know the risk as well.

Though not easy, but Falana missed wide!

Congratulations!

Ginalex:
Fest bank wetin dey occur??

Meanwhile, my husband and I welcomed our bundle of joy 2days ago. 👶

I found this report by Cardinalstone interesting. Maybe you could too. A good read


*H2 2026 Asset Allocation Update*

Global events have created fresh uncertainty in financial markets, but Nigeria's economic outlook remains encouraging, with expectations of stronger growth and easing inflation.

In this environment, we believe a balanced investment approach is best. We recommend keeping 70% of your portfolio in Nigerian assets and 30% in quality international investments to help manage risk while positioning for long-term growth.

Read the full report here:
https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%202026%20Mid-year%20Asset%20Allocation%20Guide.pdf

Thanks for the heads up.

Your contributions here are highly valued and appreciated.

🙏🏿🙏🏿🙏🏿

Sunrisepebble:
The 9 months will be better than the full year last year.
I sold all holdings and awaiting my bonus shares. There are issues with CAC

This will make a lot of sense. It will help with price discovery

yMcy56:
BREAKING!!
NGX INTRODUCES NEW RULES FOR PRICE MOVEMENTS!!

* NGX going back to old rule of share price movements.....
* NGX is yet to make official announcement...

** This may change some things in the market........ Anything to stabilize and move the market forward in preparation for Frontier Market entry......

*Nairametrics*

Alright. I appreciate your response.Thanks

KarlTom:
It hasn't been disclosed.

Good day everyone.

Does anyone have any update about Presco Dividend payment date?
I have checked corporate disclosure page on NGX but couldn't find any useful info on their QD & PD.

Thanks.

@pennystockwarri @yMcy56 @Karltom

A 30% correction of ASI, Agba?!

That'll be too unhealthy and bloody o.

Agbalowomeri:
Allow market to go down by 30% to refuel

I just checked it out. He's probably one the hindutva types...

I am careful with info they share. Too much propaganda.

SonofElElyonRet:
If he's still alive then 'twas unconfirmed reports

https://x.com/samartoor3086/status/2064994214107365861

Source for this sir?

The same man just issued a statement about a deal being closer than ever before.

See here,
https://www.bbc.com/news/articles/c39y02x98k8o

SonofElElyonRet:
Iranian foreign affairs Minister killed in air strikes

You can watch @Pennystockwarri's video analysis on YouTube for an analysis of their results.

Search for Greentickertales on YouTube.

#NFA

Crossblueart:
Good morning.
I seek your input on FCMB Group. The stock seems undervalued. Why? Is it a good stock to hold for at least 5 years?

Nice!

I appreciate your response.

Sunrisepebble:
I’ve stated my holdings. I’ve not added or sold anything new except Dangrefine

Thanks for your response.

Let me pick your brains further, please.. 🙏🏿

What other sectors are interesting you ahead of the Q2 earnings season?

Any index to watch closely? Or it's early to say for now?

I appreciate your response. Thank you very much.

#NFA #DYOR

Sunrisepebble:
I’ve sold all my holdings and now waiting on the bonus issue. They’re numbers I hear are still strong
. I wish them all the best

"...After substantial gains potentially north of 100%, collected sweet dividend & loads of bonus shares..."

+++Investment is bespoke o+++

searchng4love:
divested so early?

I have @Sunrisepebble to thank for the heads up on this. 🙏🏿

Any whispers to look ahead for the coming Q2 reporting season? 🫣🫣😊🤗😎

Harddiskng:
VITAFORM is still going strong. Wawu

Co-asking on the Veritaskap part. What's happening with it.

yMcy56:
FBNH don dey climb small small 😊
N1T Cap base must be achieved anyhow anyhow...

Oga Aj8, what's with this VERITASKAP stagnancy self?
Pls sir what's the new common sense target...😊

ARADEL: Why are retailers selling, when they'll again start pursuing at high price?
Can't they see the heavy cross deals?

Don't joke with whispers from that moniker o!
Just know that they don't say things flippantly.
The records are there to prove it.

faoogoke:
My Oga NGX has nothing to do with PP.
Perhaps the moniker got it wrong this time.
If any information about PP will come it will be from the issuing house.
Mind you, PP has changed from back in the days. Its private hence no one hears about it.
I still believe DR PP is purely speculation.