Essentialone's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:28pm On Mar 09

Omatek Ventures PLC recorded a loss of ₦48.3 million in 2025, continuing a streak of deficits. The company's revenue was ₦2.2 million, with administration expenses of ₦50.52 million, leading to an operational loss. Omatek's total assets stand at ₦2.43 billion, while liabilities are ₦5.1 billion, resulting in negative equity of ₦2.67 billion.

The company's financial report highlights several discrepancies, including:
- *Total Comprehensive Income*: ₦1,943 million vs ₦43.64 million
- *Financing Cash Flow*: Identical figures for 2024 and 2025
- *Company Revenue*: Three different figures in one document
- *Issued Shares*: 2.94 billion vs 1.47 billion
- *Deferred Tax*: ₦24.39 million in notes, zero on income statement
- *Group Cash Flow*: Empty columns against visible balance sheet movements

Omatek has settled loans with the Bank of Industry and First Bank, but still carries ₦1.009 billion in short-term loans and ₦3.47 billion in trade and other payables.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:27pm On Mar 09

Legend Internet Plc has made history by winning the Market Debut Excellence Award at the 2025 NGX Made of Africa Awards, organized by the Nigerian Exchange (NGX) Group. This prestigious honor recognizes Legend's strong entry into Nigeria's capital market, demonstrating its commitment to transparency, governance, and innovation.

The award is a testament to Legend's focus on last-mile fibre-optic broadband infrastructure, including FTTH and FTTR, alongside its growing portfolio of digital services. CEO Aisha Abdulaziz expressed delight, stating, "We are truly delighted to receive this award. It reflects the hard work of our team and our unwavering commitment to excellence".

This recognition signals growing confidence in Legend's strategic direction, governance standards, and long-term growth potential, setting a new benchmark within the NGX telecommunications services sub-sector.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:25pm On Mar 09

Omatek Ventures PLC is facing a ₦1.9 billion gap in its 2025 financials, with six discrepancies highlighted in its audit report. The company's stock is currently trading at ₦2.42, with a 10% change and a market cap of ₦7.06 billion.

The discrepancies suggest potential issues with the company's financial reporting and governance.

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 10:44pm On Mar 09

abidem4real:
As long as I'm swearing with Bible or Qur'an, it's fine. God is not wicked after all. He is a merciful God

The swearing has to be by Thunder. Lol

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 10:00pm On Mar 09

12345baba:
Very yeye question

Hahahahhaha

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 9:40pm On Mar 09

oluwaseyi0:
No

Hahahahhahahaha

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 9:38pm On Mar 09

Yes or No? Say the Truth ooo

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 9:33pm On Mar 09

It will be very very interesting...

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 9:32pm On Mar 09

https://www.nairaland.com/7924794/marriage-vow-include-may-die

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 9:28pm On Mar 09

InvertedHammer:
/
If “till death do us part” doesn’t save marriages, what’s the guarantee that verbalizing meaningless threat in the marital vow will hold water?

Many will take the vow, still cheat and nothing will happen. Heck! The politicians swore with Bible and Koran to uphold the law, do otherwise and nothing happens.

/

What if you have swear by Thunder? Lol

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 9:27pm On Mar 09

AllBlack:
Define CHEAT.

or has the word CHEAT been myopically and childishly relegated to affairs of the Instruments or is it still an encompassing word as it should be? Yes, even in the context of marriages, that word still covers so much.

Once again, define CHEAT.

Cheating is Cheating. Right?

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 9:26pm On Mar 09

Samantha125:
I don't know, but we'd find a way to figure it out.

I know about Open Relationship. But this your Open Marriage? Sounds funny.

2 Likes

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 7:01pm On Mar 09

Samantha125:
Yep...😃😃😃

Please what does Open Marriage appear like?

1 Like

Romance › Re: If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 3:50pm On Mar 09

Samantha125:
Of course I will... If I'm no longer interested in the marriage, I'd then file for divorce and leave.

An open marriage can also be an option...😃😃😃

Open Marriage? Lol

1 Like

Romance › If Wedding Vows Include 'May I Die The Day I Cheat', Will You Still Marry? ☺️ by essentialone(op): 11:22am On Mar 09

If wedding vows includes May I die the day I cheat, will you still marry? ☺️😂🤔

3 Likes

Romance › Re: Nothing turns a man off faster, than a woman who.... ? ✍️ by essentialone(op): 11:21am On Mar 09

Disorganized.

1 Like

Romance › Re: Nothing turns a man off faster, than a woman who.... ? ✍️ by essentialone(op): 3:36am On Mar 09

A woman who is self-centred

1 Like

Romance › Re: Nothing turns a man off faster, than a woman who.... ? ✍️ by essentialone(op): 8:14am On Mar 08

Nothing turns a man off faster than a woman who.... ? ✍️

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:58am On Mar 08

mallamOmonile1:
The essentialone this list na the whole market na, make we trim 'am to say 10 na

Oya trim am.

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 6:50pm On Mar 07

jckgroup1:
TIP, Vitafoam, Champion, UACN and Seplat didn't make your list. Interesting😜

Seplat is on the List.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 5:51pm On Mar 07

40 Best Stocks to pick from now, if you are a LONG-TERM INVESTOR:

1. Ecobank
2. Access Bank
3. Aiico Insurance
4. Aradel
5. Berger Paints
6. Beta Glas
7. Bua Cement
8. Cadbury
9. CAP
10. Custodian
11. CWG
12. Dangote Cement
13. Wema Bank
14. Fidelity Bank
15. Fidson
16. Guaranty Trust Bank
17. Guinness
18. Ikeja Hotel
19. Infinity Trust Mortgage Bank
20. Julius Berger
21. Learn Africa
22. Living Trust Mortgage Bank
23. May and Baker
24. Mutual Benefit Insurance
25. McNichols
26. MTNN
27. NAHCO
28. NASCON
29. Nestlé
30. NGX Group
31. Okomu Oil
32. Presco
33. Seplat
34. Skyway Aviation
35. Transcorp Hotel
36. Transcorp Plc
37. UBA Bank
38. Universal Insurance
39. WAPCO Lafarge
40. Zenith Bank

Do your own Research before Buying...

2 Likes 2 Shares

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:26am On Mar 06

https://doclib.ngxgroup.com/Financial_NewsDocs/46222_LINKAGE_ASSURANCE_PLC-NOTICE_OF_RIGHTS_ISSUE_CORPORATE_ACTIONS_MARCH_2026.pdf

Linkage Assurance Rights Issue at N1.32 is out...

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:04am On Mar 06

In an unbelievable turn of events, Fortis Insurance has been pushed up above the prices of:

Regency Alliance Insurance
Unversal Insurance, and
Guinea Insurance

Is Fortis Insurance going to be the next Zichis Plc, or are those 3 stocks going to be positively affected by the Rally on Fortis Insurance?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 10:41am On Mar 06

Is Custodian still an Insurance company at N82.00 ?

Travel › Re: How Desperate Nigerians Seeking Asylum, Usually Lie To America & Other Countries by essentialone(op): 9:57am On Mar 06

NurseSnowToYou:
FORMAT?!?! FRAUD is a FORMAT?!?! 😖🤦🏽‍♀️🤣🤣🤣🤣🤣

To a lot of Nigerians, sadly Fraud is a Format?

Health › Re: How do you resolve stress? by essentialone(op): 5:22am On Mar 06

Normalize asking your Richer Neighbours to connect you to their line of work or business.

Can you?

1 Like

Family › Re: Man Ends 3 Months Marriage As Wife Refuses To Join His Church by essentialone(m): 8:31pm On Mar 05

Diamond098454:
Hi essential
How do you do?

I am doing good. And you dear?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:00pm On Mar 05

VERY BAD NEWS ALERT!!!

President Bola Ahmed Tinubu has appointed Taiwo Oyedele as the Minister of State for Finance, replacing Dr Doris Uzoka-Anite.

This was disclosed by Bayo Onanuga, Special Adviser to the President on Information and Strategy.

Onanuga also said Uzoka-Anite will now move to the Ministry of Budget and National Planning, as the Minister of State, her third portfolio in the administration.

The statement said, President Tinubu has today conveyed the nomination of Oyedele to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio.

Until President Tinubu nominated him as a minister, Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.

Oyedele, 50, is an economist, accountant and public policy expert.

He attended Yaba College of Technology, where he obtained a Higher National Diploma (HND) in accountancy and finance. He attended Oxford Brookes University and earned a BSc in applied accounting.

He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.

Oyedele spent 22 years of his working career at PwC, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader.

Oyedele is also a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 2:37pm On Mar 05

presiade:
The next of kin for individuals or the company’s key officers are points of contact. It shouldn’t be that difficult.

What if it was a shell company used by a dead man?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 7:55am On Mar 05

Stockpromoter:
Read this and know the reason Royalex wasn't mentioned.

Until 10-18m volumes are confirmed in 3 sessions.See the level it is currently playing now 👇

Stealth accumulation means big investors (smart money) are quietly buying a stock without pushing the price up too fast. 📊

They do this so they can build a large position cheaply before the wider market notices.

How Stealth Accumulation Looks in the Market

1️⃣ Gradual volume increase
Volume starts rising slowly but not explosively.

2️⃣ Price moves slowly or sideways
The price may stay within a narrow range while buying is happening.

3️⃣ Support holds strongly
Whenever the price dips, buyers quietly absorb the shares.

4️⃣ No big price spikes yet
The stock does not rally strongly until enough shares have been accumulated.

Example Using the Loco Volume Framework (Royalex)

Volume behaviour:

4M – 6M shares → Quiet accumulation
6M – 8M shares → Stealth accumulation
8M – 12M shares → Clear accumulation
12M+ shares → Institutional positioning

So when Royal Exchange trades around 6M–8M consistently, it suggests smart money may be accumulating without attracting attention.

Why Investors Use Stealth Accumulation

Large investors cannot buy millions of shares at once because it would push the price up quickly.

Instead they:

• Buy gradually
• Absorb selling pressure
• Keep price stable
• Build position quietly

After accumulation finishes, the stock often breaks out strongly.

Simple Way to Remember

Stealth accumulation = Quiet buying before the rally.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 6:00am On Mar 05

Concerning Union Dicon Salt Plc, what does NGX and SEC Rules say about a majority shareholder of a listed company, who can no longer be reached, and who may have died, or may have been lost forever?

We do not anticipate things, until they happen. Lack of proactiveness.

1 Like

Family › Re: Man Ends 3 Months Marriage As Wife Refuses To Join His Church by essentialone(m): 5:58am On Mar 05

Diamond098454:
My dear
I tire ooooooo

Hahahahhaha. It's surprising to me too.

Hi dear.

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