Essentialone1's Posts
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Do not use your money to solve the short-term Problem of a person, who is saving their own money, to solve their long-term Plan. |
Seems Alhaji has suddenly become a Social Media influencer. What about his 3 other companies in the stock market? 1. Dangote Cement Plc 2. NASCON Plc 3. Dangote Sugar 'Refinery'. Have they all risen to N10,000 per share? A lot of persons expected that by now, these stocks would have already hit N10,000 based on the hype before their IPO, but we are still here dragging bumbum with them: 1. MTN Nigeria Plc 2. Transcorp Power Plc 3. Geregu Power Plc, etc.
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ppogba:Yeah |
Most women are not married to the man they actually love, rather they're married to the man who was "ready" Ask almost any man to tell you about his wife he'll tell you "It was love at first sight" Now ask the women about their husbands, they'll tell you "I wasn't really into him at first, but he grew on me" And that's why most of these women are not happy in these marriages and end up frustrating their husbands, cheating on them and even divorcing them Because they "settled" 100% of the time, if you didn't disvirgin her, she doesn't really love you, she settled for you Men are in love, women are in business |
Evaress:
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CyynthiaKiss:
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10 Stocks you should treat as purely Speculative Stocks (3): 1. Omatek Plc 2. Regency Alliance Insurance Plc 3. Royal Exchange Assurance Plc 4. RT Briscoe Plc 5. SCOA Plc 6. Sovereign Trust Insurance Plc 7. Tantalizer Plc 8. Transnationwide Express Plc 9. Tripple Gee Plc 10. Veritas Kapital Assurance Plc Never Average Down on any of them. Treat them like bubble stocks. If you must Buy them, you must know when to dump them and run far away... Return of Capital is more important than Return on Capital. |
10 Stocks you should treat as purely Speculative Stocks (2): 1. JapaulGold Plc 2. John Holt Plc 3. Juli Plc 4. Linkage Assurance Plc 5. Livestock Plc 6. Living Trust Mortgage Bank Plc 7. NCR Plc 8. NNFM Plc 9. Secure Electronic Technology NSLTECH Plc 10. Oando Plc Never Average Down on any of them. Treat them like bubble stocks. If you must Buy them, you must know when to dump them and run far away... Return of Capital is more important than Return on Capital. |
Raider76:Not everything there may be AI. |
10 Stocks you should treat as purely Speculative Stocks: 1. Caverton Plc 2. Chellaram Plc 3. Cutix Plc 4. Daarcomm Plc 5. Ellah Lakes Plc 6. Enamelware Plc 7. Eunisell Plc 8. Guinea Insurance Plc 9. International Breweries Plc 10. International Energy Insurance Plc Never Average Down on any of them. Treat them like bubble stocks. If you must Buy them, you must know when to dump them and run far away... Return of Capital is more important than Return on Capital. |
budaatum:It's meant to reduce creating thousands of 1-Comment Titles, all over Nairaland. If one post has space and few comments, why not edit it and use it for a new post that you find interesting? |
Happy Marriage Life to both of them. |
londonerr:How much interim dividend is UBA Bank Plc likely to pay in 2026? |
budaatum:Smiles |
If your husband's friend asks you out, it's likely because he knows your husband's external girlfriend. |
If your husband's friend asks you out, it's likely because he knows your husband's external girlfriend. |
If your husband's friend asks you out, it's likely because he knows your husband's external girlfriend. |
If your husband's friend asks you out, it's likely because he knows your husband's external girlfriend. |
Ameboperoo:Why mention Unity Bank which is still under stock.market Suspension? |
Ladies always take their usual childish mentality to social media. Always behaving like deprived and depraved kids. |
Why do ladies use intimate gadgets when a lot of guys are 24hours ready to do with them, at once they say so ? Is it that they are shy or pretentious as usual? |
https://doclib.ngxgroup.com/Financial_NewsDocs/47886_AFRICAN_ALLIANCE_INSURANCE_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_SEPTEMBER_2026.pdf https://doclib.ngxgroup.com/Financial_NewsDocs/47888_AFRICAN_ALLIANCE_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_SEPTEMBER_2026.pdf |
*African Alliance Insurance Plc Turnaround Update* *EGM Scheduled: Sept 23, 2026 | Location: YMCA Hall, Ikoyi, Lagos* *1. Headline* African Alliance is making an emergency push to survive. The insurer is seeking shareholder approval for a *₦12 billion recapitalisation* after an 18-month NAICOM intervention, to meet the new *NIIRA 2025* capital requirements. *2. Emergency ₦12 Billion Capital Raise & Asset Disposal* - *The EGM Mandate*: Sept 23, 2026. Shareholders will vote to authorize raising *up to ₦12bn* through structured instruments - *Capital Structuring Options*: Board can use *private placements, rights issues, public offers, or zero-coupon convertible debt notes* - *Asset Sales*: In parallel, the board is seeking approval for *targeted disposal of non-core real estate and company assets* to boost liquidity fast. *3. Deep Financial Deficits & Solvency Pressures* The urgency comes from a heavily damaged balance sheet: *Retained Earnings Deficit*: -₦38.08 billion *Shareholders' Equity*: ₦3.94 billion *Insurance Contract Liabilities*: ₦40.11 billion *Total Assets*: ₦49.10 billion *The problem*: With liabilities of ₦40.11bn vs assets of ₦49.10bn and equity of just ₦3.94bn, the company’s solvency depends entirely on this equity injection + tighter risk management. *4. Post-Intervention Restructuring & New Leadership* - *NAICOM Handover*: NAICOM ended its 18-month intervention in June 2026. Control was returned to shareholders after the regulator stabilized claims backlogs and fixed IT vulnerabilities - *New Executive Team*: - *MD/CEO*: Mr. Abayomi Olakunle Ogunkeye - *Chairman*: Rear Admiral Anthony Odogba Isa (Rtd.) - Operating under strict prudential monitoring as they execute the turnaround roadmap. *Key Takeaways* 1. *Regulatory deadline*: The ₦12bn raise is to comply with NIIRA 2025. Failure likely means license issues. 2. *Balance sheet repair*: The -₦38.08bn retained loss means this capital is about survival, not just growth. 3. *New era*: This is the first major corporate action under the new board post-NAICOM. Execution in the next 12 months will be critical. |
*Multi-Trex Integrated Foods Plc - Corporate Turnaround Update*. *1. Headline* Multi-Trex is in a full turnaround mode. After clearing AMCON debt and getting a regulatory lifeline from NGX RegCo, the company is now pushing a ₦5bn expansion while working to fix a major free-float compliance gap. *2. Regulatory Lifeline & Free-Float Compliance* - *Moratorium Granted*: NGX RegCo gave Multi-Trex a *24-month moratorium until Jan 14, 2028* to restore its public free-float to NGX Main Board rules - *The Compliance Gap*: Due to aggressive recapitalization, public free float dropped to *7.23%*. This is below the NGX requirement of *20% free float OR ₦20bn market value* - *The Risk*: Failure to meet the 20% threshold by Jan 2028 could lead to suspension or forced delisting from the Main Board. *3. Debt Liquidation & Share Restructuring* - *AMCON Debt Cleared*: Long-standing toxic debt to AMCON was fully liquidated through a strategic partnership with *N-Foods Universal Concept Limited (NFUC)* - *Private Placement*: To fund the debt exit, Multi-Trex listed *1.720 billion new ordinary shares* on NGX. - *Issue Price*: ₦1.89 per share via private placement - *Capital Base*: Increased from 4.511 billion to *6.231 billion* fully paid-up ordinary shares. *4. Industrial Expansion & Macro Outlook* - *₦5 Billion, 5-Year Roadmap*: With a clean balance sheet, management is ramping up operations - *Phase 1*: Scale up core *cocoa powder processing* - *By 2027*: Launch proprietary *chocolate drinks, bars, and commercial water lines* - *Regulatory Tailwinds*: Positioned to benefit from FG’s *2026 ban on processed cocoa imports*. - As Nigeria’s largest cocoa processor by capacity at *65,000 MT*, Multi-Trex is targeting supply contracts from majors like *Nestle and Cadbury*. *Key Takeaways* 1. *Balance sheet fixed*: AMCON overhang is gone, giving room to invest 2. *Compliance clock ticking*: The next 16 months to Jan 2028 are critical to raise free float to 20% 3. *Growth bet*: The turnaround hinges on capturing local cocoa demand created by the import ban. |
*13 Stocks you should Avoid Completely* 1. Austin Laz Plc 2. CMFC Plc 3. Fortis Global Insurance Plc 4. FTN Cocoa Plc 5. Infinity Trust Mortgage Bank Plc 6. Legend Internet Plc 7. Morison Plc 8. Premier Paint Plc 9. Prestige Assurance Plc 10. Sunu Assurance Plc 11. Thomas Wyatt Plc 12. Union Dicon Plc 13. UPDC Plc. *Why you should avoid these 13 stocks completely*. *1. Illiquidity + Dead stocks* Most of these barely trade. Days can pass with 0 volume. Examples: *Austin Laz, FTN Cocoa, Thomas Wyatt, Union Dicon, UPDC* Problem: You can buy, but good luck selling when you need cash. Price can be stuck for years. *2. Distressed / Suspended / Restructuring* *Fortis Global Insurance, Prestige Assurance, Sunu Assurance* - Insurance sector has had NAICOM recapitalization issues. Some are under regulatory watch. *Infinity Trust Mortgage Bank* - Mortgage banks have struggled with funding + NPLs. *3. Fundamentals issues* *CMFC, Morison, Premier Paint, Legend Internet* - Years of losses, negative equity, or business models that haven’t scaled. *Legend Internet* - Listed via IPO with hype, but revenue/profitability hasn’t matched valuation. *4. Corporate governance red flags* Some of these have had auditor resignations, delayed financials, or shareholder disputes over the years. *3 questions to ask before buying ANY stock, especially these*: 1. *Can I sell in 3 days if I need to?* - If no, it’s not an investment, it’s a donation. 2. *Does the company make profit and pay dividends?* - Not just "potential" 3. *Would I be okay if this goes to zero?* - Because illiquid small-caps can. |
This massive influx of uninformed Gen-Zs into the stock market with Android phone Apps, are they mentally ready for the next Stock Market Mega Crash? |
budaatum:Why do you hate it? How does it affect you negatively? |
When she is clear from alcohol, she will sue to all for attempted rapeeee. A very useless gender they are. |
awesomeJ:On Tuesday, September 15, the National Bureau of Statistics (NBS) will release Nigeria's CPI inflation data, immediately followed by the crucial US Federal Reserve Interest Rate Decision on September 16 and the Bank of England (BoE) rate announcement on September 17. |
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