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Essentialone1's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 9:13pm On Sep 13
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 5:57pm On Sep 13
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.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 5:44pm On Sep 13
ppogba:
The word " fundamentals" should not appear when discussing them.
Yeah
Family › Re: Unfriendly Neighbours: Narrate Your Worst Experiences Living Close To Them by essentialone1(op): 5:29pm On Sep 13
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
Romance › Re: Why Ladies Snub Guys by essentialone1: 3:09pm On Sep 13
Evaress:
Some of you will look at it as if she is giving an attitude, but honestly she is just trying to protect herself from predators and from getting used and dumped.

Do you know how many guys have given girls a lot of empty promises, taken their virginity and ended up dumping them?

It’s always the girl that carries all the cross. She suffers all the shame. She carries the unwanted pregnancy.

Guys will say anything just to have you in bed with them. And how would you know the real ones?
Even the quiet, innocent-looking ones — those guys do the worst.

Its just a fun game for a lot of guys.

Islam › Re: Muslims Black Road In Imo State While Praying (video) by essentialone1: 3:07pm On Sep 13
CyynthiaKiss:
Video shows Muslims performing public prayers on a roadside in a busy market area in Imo State.


/video/1?s=46

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 3:04pm On Sep 13
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 1:46pm On Sep 13
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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 1:46pm On Sep 13
Raider76:
I find this AI search amusing and possibly useful. But AI does make mistakes, so to say "avoid completely" maybe over stretching it.
Not everything there may be AI.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 12:56pm On Sep 13
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.
Crime › Re: Has a gun ever been pointed directly on your forehead? by essentialone1(op): 12:33pm On Sep 13
budaatum:
It removes the point of the thread and makes recorded responses lose meaning. An example is this thread.

Things do not need to affect me for me to have feelings about things.
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?
Celebrities › Re: Stan Nze & Blessing Obasi Renew Their Vows on 5th Wedding Anniversary (Pics,Vid) by essentialone1: 11:43am On Sep 13
Happy Marriage Life to both of them.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 11:40am On Sep 13
londonerr:
It's interesting when NGX reports 3. Trillion naira loss in two days.... Whereas all fugaz recovered.... Except for a pull back persistent in FIRSTHOLDCO.... Dangote cement also rebounded.

The NGX's loss feels exaggerated because retail portfolios don't match the exchange's actual weighting. The All-Share Index (ASI) and total market capitalization are heavily skewed toward a handful of ultra large cap stocks, specifically BUA Cement, Airtel Africa, MTN Nigeria, and BUA Foods.

With all the red screams one would have thought access will be trading at 19 naira per unit, zenith at 65 Naira.... UBA @ 23 naira.... LASASCO @0.50 per unit...
How much interim dividend is UBA Bank Plc likely to pay in 2026?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1:
Crime › Re: Has a gun ever been pointed directly on your forehead? by essentialone1(op): 10:44am On Sep 13
budaatum:
It removes the point of the thread and makes recorded responses lose meaning. An example is this thread.

Things do not need to affect me for me to have feelings about things.
Smiles
Family › Re: Wife Made Her Husband Sign Agreement To Refund Money Used For Restocking by essentialone1: 8:05am On Sep 13
If your husband's friend asks you out, it's likely because he knows your husband's external girlfriend.
Romance › Re: Why do men not like to marry the ladies that they smoke and club with? by essentialone1(op): 8:04am On Sep 13
If your husband's friend asks you out, it's likely because he knows your husband's external girlfriend.
Romance › Re: Why Do Single Mothers, Not Want To Marry Single Fathers? by essentialone1(op): 8:04am On Sep 13
If your husband's friend asks you out, it's likely because he knows your husband's external girlfriend.
Romance › Re: How Will You Know If A Lady Is A Single Mother, Without Asking Her? by essentialone1(op): 8:03am On Sep 13
If your husband's friend asks you out, it's likely because he knows your husband's external girlfriend.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 6:52am On Sep 13
Ameboperoo:
What of Unity, Total and O&O?
Why mention Unity Bank which is still under stock.market Suspension?
Christianity Etc › Re: My Money has been Refunded By Pastor Jerry Eze's Church says Lady by essentialone1: 3:59am On Sep 13
Ladies always take their usual childish mentality to social media. Always behaving like deprived and depraved kids.
Romance › Re: Woman Carefully Sizing Up Cucumbers In Supermarket In Trending Video by essentialone1: 2:47am On Sep 13
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?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 1:10am On Sep 13
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 12:51am On Sep 13
*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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 12:43am On Sep 13
*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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 8:57pm On Sep 12
*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.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 4:20pm On Sep 12
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?
Crime › Re: Has a gun ever been pointed directly on your forehead? by essentialone1(op): 4:16pm On Sep 12
budaatum:
I hate when people change their opening post!

Below is this threads.
Why do you hate it? How does it affect you negatively?
Entertainment › Re: White Lady Draws Attention As She Joins A Crowd Of Black Men In Celebration(Pix) by essentialone1: 1:40pm On Sep 12
When she is clear from alcohol, she will sue to all for attempted rapeeee.

A very useless gender they are.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 8:15am On Sep 12
awesomeJ:
It's time for Cardoso and his team to seriously start considering a steep cut in the MPR.

There really isn't any rational keeping it at 1000bps above inflation at this point.


I imagine cost of OMO issuances on their balance sheet alone to already exceed N2trn per annum, not to mention the huge cost of domestic debt due to this their persistent elevated rates.


The biggest downside I've always mentioned is the dilution of the money supply which is now approaching N140trn if not already above that.


I hope they begin to see reason at this next meeting and start with at least a cut, no matter how little.

It would be healthy for the economy and for our market as well.

If not, naira might just be sitting in another delayed explosion, cos money supply would go faster than the reserves ever could especially of things ease up in Iran.
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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