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Faoogoke's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 10:49am On Oct 12
I wondered too!

Accesscorp Dividend yield he said is 0.00%

I decided to discard his previous and current posts on the subject

sboga:
it s a lie !!
MTN P/E ratio is around 12-13X not 24.88X as stated by you.
either you dont know how to calculate P/E or you are deliberately misleading people...
haba you doubled their P/E ratio....the shares of mtn would have to be 1600 to have P/E of 24.88...

The P/E ratio is 12-13X and that too is the trailing P/E now the forward P/E which is much lower....

omo see tokumbo analyst....comot
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 8:47am On Oct 12
Bro thanks a million for this data your are posting.

essentialone1:
SCOA Plc has:

Return on Equity: -26.24%
Price to Earnings Ratio: 183.61x
Debt to Equity Ratio: -39.37x
Current Ratio: 0.83x
Net Profit Margin: 3.00%
Dividend Yield: 0.00%.
Politics › Re: Lagos-calabar Coastal Road Will No Longer Pass Some Coastal Areas by faoogoke(m): 7:09pm On Oct 11
I was so afraid for this project. The east West road and the coastal highway is a duplication.
I am happy with the realignment. Makes sense.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 5:33pm On Oct 11
Nigerians are hoping for a government that will come to power and give them ease of life. I hope so too but realitistical it won't happen.
There are very few countries in the world where life is easy.
Nigerians should stop hoping on government and trust God to help them.
From shagari government that I know and experienced to this present one, Nigerians have been on the receiving end of hardship.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 10:16pm On Oct 09
Accesscorp, UBA and Fidelity banks will all pay interim dividend.
That was why they submitted their financial report to CBN.

Bizibi:
Access fit deliver....all die na die.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 10:14pm On Oct 09
CBN insider credit crackdown forces some bank owners, directors out of banking system


The Central Bank of Nigeria (CBN) has disclosed that some bank owners, shareholders and board members have exited the banking industry following stricter enforcement of insider credit rules, warning that directors who persist in insider credit abuses could lose their board positions.



Read more
https://nairametrics.com/2026/10/09/cbn-insider-credit-crackdown-forces-some-bank-owners-directors-out-of-banking-system/
Foreign Affairs › Re: Over 250,000 People Protest In France by faoogoke(m): 9:19pm On Oct 09
Where is my SUG President Sowore.

His services is urgently needed in France.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 9:13pm On Oct 09
Somebody said Zenith Bank won't pay shishi.
I wonder what he has to say now?
Fake news?

KarlTom:
ZENITH H1 '26

INT DIV: ₦1.50

QD:
PD:

https://doclib.ngxgroup.com/Financial_NewsDocs/48062_ZENITH_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_OCTOBER_2026.pdf
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 6:37pm On Oct 08
Whao! Congratulations. Like a thief in the night.

ojeysky:
I finally received mine today
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 6:06pm On Oct 08
I think Oando shareholders should organise their own AGM in front of the corporate headquarters of Oando and insist wale attends

elengine:
I personally feel that Oando shareholders need to organise themselves and attend their next AGM. The only issue is my Whale may decide to move the meeting to virtual call😀😀😀
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 2:13pm On Oct 08
People change for a number of reasons.
I think he invested a lot in Oando.
I recall someone wishing Wale to kpai. That is
how angry Oando shareholders can be.
It takes a lot of maturity to be calm at times like this.

yMcy56:
Thread sanity and more of investment/stock focused thread.....lol.


Ironically, Mega is my long term good brother on this thread and orderly at least.....
I don't know why he just changed and started derailing.......
Most annoying part is when corrected, he would take an offence, became adamant, insultive and acting irrational...
The kind of "friend" I'll keep or relate with and I can't tell him/her the truth, I'd rather not have such around me.
If you do anyhow, you get anyhow....then we move on again.....😁

If I do anyhow, correct me too, I no too dey vex for that kind thing......
I can't count the number of attacks I've got on this thread......we still move on on topics of interest afterwards.....😊
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 2:06pm On Oct 08
grin grin grin grin grin grin grin grin

mikeapollo:
Where did you get this ''theory'' or ''logic'' from.
Shareholders are meant to share in profits, when the company makes profit at end of the financial year.
Workers are to work daily, weekly, monthly so the company can operate and make profits.

Do you want or expect the workers to work without receiving salaries until end of the year when the company declares profit?

I tire for this oo
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 9:10am On Oct 08
Ordinarily Oando should have gone under.
I wonder what is keeping it afloat and for how long it can keep selling hope to its shareholders.
Better if Seplat or Aradel acquire the company.

londonerr:
Lols looool a company with negative equity of over half a trillion naira.... With a debt profile of 2.7 trillion naira.... You can imagine how much is being used to service the debt.... Yet the CEO has time to be importing EV cars.... Moderate your expectations please
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 12:36pm On Oct 07
It means we can wait for it at N7 in not too distant future? grin

presiade:
Okay.

No be say I have STERLING shares. Make dem no pay well, the market will do justice to the share price post-reconstruction. LoL
Travel › Re: Passenger Attempts To Open Plane Door Mid-Air On A Nigerian Flight by faoogoke(m): 11:05am On Oct 07
Nairaland should ban the poster of this information.

It didnt happen in Nigeria
Travel › Re: Passenger Attempts To Open Plane Door Mid-Air On A Nigerian Flight by faoogoke(m): 11:04am On Oct 07
This flight is not in Nigeria.

What a malicious content.

It happened in Kenya not Nigeria
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 4:33pm On Oct 06
The volumes Accesscorp is doing these days is getting interesting. 192 million unit today.

But make them pay interim dividend first.
Romance › 'men Don't Come Near Me, I Lie On My Bed And Cry': Real Madrid Star Castillo by faoogoke(op): 11:49am On Oct 06
Real Madrid Femenino and Spain international Athenea del Castillo has opened up about the emotional toll of her single status, revealing the difficulties she faces in her dating life because of her high-profile career.

According to quotes highlighted by Tribuna, the 25-year-old World Cup winner said men rarely approach her because they view her as unattainable.

"Men don't come near me. They don't even try. They see me as unattainable, but no one is truly unattainable," she said.
Del Castillo rejected the idea that fame makes her superior to anyone else.

"We are all human. We are all equal, we all have our own value, and we all deserve to be loved and respected equally," she said.

"I've never thought I was superior to anyone just because I'm known. Honestly, I don't even like this celebrity status sometimes. Behind the fame, the attention and the football, I'm still just a woman who wants to love and be loved.

"I'm still single at my age. And sometimes, when the world goes quiet, I lie alone in my bed and cry while people who aren't as successful as me post couple pictures on holiday or cooking together and kissing.

"As strong as I may look, it still hurts to feel alone."

Her candid statements sparked widespread conversation across sports networks and fan communities, with discussions centering on the social barriers faced by highly successful, independent female athletes and how professional excellence can unintentionally isolate women in their personal lives.

Del Castillo remains a foundational figure for Real Madrid Femenino. She starts every game, is a prolific scorer and helped Spain win the 2023 World Cup.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 11:42am On Oct 06
The first half of 2026, GTCO, which happens to be Nigeria’s most consistently profitable bank and one of the most admired financial institutions on the continent, earned ₦382.9 billion from government securities. It earned ₦347.9 billion from loans. A Nigerian bank made more money from lending to the Federal Government than from lending to every business, individual, and institution in its loan book combined. This fact generated remarkably little public commentary when the results were published. It should have generated a great deal more.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 11:19am On Oct 06
PRESS RELEASE Lagos, Monday, October 5, 2026 DELAY IN PUBLICATION OF AUDITED FINANCIAL STATEMENTS FOR THE HALF YEAR ENDED JUNE 30, 2026 Fidelity Bank Plc (“the Bank”) wishes to inform its esteemed shareholders, Nigerian Exchange Limited (NGX), and other stakeholders that NGX has approved a further extension of time for publication of its Audited Financial Statements (AFS) for the Half Year Ended June 30, 2026. NGX had earlier approved an extension of time to September 30, 2026, as stated in the Bank’s press release of August 21, 2026. The AFS will be published upon receipt of regulatory approval. Premised on the foregoing, the Bank’s Insiders and their Connected Persons are reminded that the trading window for dealing in its shares is currently closed and shall remain closed until twenty-four (24) hours after publication of the AFS for H1 2026 and the Unaudited Financial Statements for the period ended 30 September 2026.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 6:17pm On Oct 05
Did you say potential?

mikeapollo:
It can even drop below N20! Nothing is impossible.
Remember it was selling for N4 few years back.

But if you have patient funds to wait, it has potential to deliver.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 4:59pm On Oct 05
Oil dey your head. You are very correct sir

ghm:
It is not just about price, fundamentals would have hinted you.

See my initial similar response below:

Sir, fair point—but we can't say everything in a single post.

All filters are already applied. We are assuming fundamentals, market capitalisation, and EBITDA multiples have already been considered. That is the baseline.

And when we say "most banks have rallied," we mean they have moved from where they were towards where they should be—the price has caught up with the fundamentals. Once that catch-up happens, the remaining percentage upside is smaller.

The post was not a stock-picking tutorial. It was a specific observation about where the remaining upside lies among banks that have not yet rallied.

If we have to restate every valuation metric before making a point, no one will ever make a point.

The logic stands: lower-priced stocks that haven't rallied have more room to run in percentage terms. That is not a substitute for fundamentals—it is an additional filter on top of them.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 2:50pm On Oct 05
I stopped monitoring Nigerian government budget since the IBB era.
The document is just to fulfill all righteousness.
The intention is not to do as budgeted.

mikeapollo:
Tinubu Has Never Implemented Any Budget - Senator

https://www.nairaland.com/8760351/tinubu-never-implemented-budget-senator

grin

Funny but serious matter.

Could this be hallmark of excellence or gross incompetence or total confusion?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 10:06am On Oct 05
403 million units of Accesscorp traded just this morning. Na wa o!
Celebrities › Re: My Manhood Stopped Working After My Brain Surgery — Julius Agwu by faoogoke(m): 7:56am On Oct 05
A colleague did similar surgery here in Maiduguri two years ago and is doing fine even his manhood.


koladata:
I don’t really trust Western medicine. My mother was perfectly fine last month. We went to UCH Ibadan because she complained of weak bones, and they gave her some medication. Now she has lost her coordination and is almost like a different person. This is a woman with an excellent memory and a sound mind, now she can’t even remember my name.

When I was about six months old, doctors said I had an eye problem and needed surgery. My mother was on her way to the hospital, crying because she didn’t want her only son to undergo eye surgery and not even at that age. On the bus, she met a woman who directed her to a herbal practitioner. They gave her a mixture, and the next day my eyes opened.

Today, I’ve been in the tech space for over 15 years, spending at least 15 hours a day on computer screens, and I’ve never needed glasses for one day... If I had gone through that operation , only God knows what other complications would have followed
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 12:11pm On Oct 04
Mega rally on top of what please? Profit?


essentialone1:
2 stocks returning to the stock market, most likely before the end of this year 2026 are:

1. African Alliance Insurance Plc
2. Multi-Trex Integrated Foods Plc


Get ready for a mega Rally on both companies very soon...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 8:33pm On Oct 03
Im yet to receive. Perhaps I need to write sec.

ojeysky:
Has anyone received NREIT dividend?
Politics › Re: If You Elect Me President, I’ll Spend My Holidays In Zamfara, Borno- Peter Obi by faoogoke(m): 10:15am On Oct 03
If you become President dont travel and enjoy your presidency.
Me, I will travel very well.

Lifediary:
Why will Nigeria's president spend 1 month out of the country on vacation?
Politics › Re: If You Elect Me President, I’ll Spend My Holidays In Zamfara, Borno- Peter Obi by faoogoke(m): 10:14am On Oct 03
I can't wait for Obi to be President.
The laughter and drama go pass Odumeje grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 10:11am On Oct 03
Bro some of these people dont represent God. Be they politicians or business persons.
Dont let me say some of them are agents of the Devil himself.


Streetinvestor2:
Lol
we are made in the images and likeness of God. So we God representation on earth..So our economic problems will not be fixed by God.It will be fixed by human as God already gave us brain. So those who manage our economy matters. And this group falls within the political group. And this group collect millions of my money yearly as tax so I will not ignore thr activities and decisions as it affects me
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 9:13am On Oct 03
Thank you for this information.
We keep waiting.



essentialone1:
Access Holdings gets NGX's extension for H1 audited results filing

*Key Points:*

1. *Extension Granted:* NGX granted Access Holdings Plc a further extension to publish its audited H1 2026 financial statements.

2. *Reason:* Delay linked to outstanding regulatory approval from Central Bank of Nigeria (CBN). The extension does not specify a new publication date.

3. *Company Statement:*
> "As the Company awaits completion of the regulatory approval process, NGX has granted a further extension to the Company to publish the Results promptly upon receipt of the requisite approval."

4. *Second Delay:* This is the second extension for H1 2026. First extension was granted in August to September 30, after Board approved results on Aug 27.

5. *History of Delays:*
- H1 2025: Extension to Oct 22, 2025 awaiting CBN approval
- FY2025: Delay in April 2026 despite SEC approval; also reason for no FY2025 dividend due to regulatory compliance.

6. *Q1 2026 Performance (for context):*
- PBT: N272.21bn (+22.19% YoY)
- PAT: N216.54bn (+18.49%)
- Non-interest income: N444.68bn (+19.03%)
- Net interest income: N383.71bn (-26.68%)
- Impairment charges: N73.81bn (+239.04%)
- Opex: N411.27bn (+26.16%)

7. *FY2025:* PBT N1.01trn (+16.2%), Total Assets N51.56trn.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 9:10am On Oct 03
My counsel remains the same. Keep hoping on them. On this NGX, I hope on God for all my moves.
I see say you dey vex wella. Biko! No vex. Be calming down. It shall be well.

Streetinvestor2:
Why are u here if not to hope on how someone runs a company to produce results. If the ceo of the company is failing in managing the business .Won't u be calling for his sack. Abi iis God u are expecting to manage the company affairs .
Do you know how many millions of my money that goes to this government as 10% WHT
And now I am at the teaching hospitals and buying drugs outside for my sick love one.The doctors are poorly equipped and the services are substandard. And still private clinics will refer u to the place

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