₦airaland Forum

Locotrader:
https://nairametrics.com/2024/01/18/eterna-plc-to-become-official-distributor-of-dangote-refinery-products/

Not sole but official distributor

emmaodet:
My worry with the brewery is the losses.
I checked NB financial report for Q3 compared to 2022 andi am not impressed with the net loss.
The fundamentals are not supporting entering them now until the management corrects the financial issue of the company
My observation though

emmanuelewumi:
T



They will be acquired by bigger banks

sky2891:
:

UBA
PBT - N403.6B
PAT -. N378.2
EPS-. N10.96
Total OCI - N821.03
Interim Div - 0.50k

GTCO
PBT -. N327.3B
PAT -. N280.4B
EPS- N9.94
Total OCI -. N358.9B
Interim Div -N0.50K

Zenith Bank Plc
PBT - N350.3B
PAT -. N291.7B
EPS-. N9.29
Total OCI -. N494.09B
Interim Div- N0.50K

Access Bank Plc
PBT -. N167B
PAT -. N135B
EPS- N3.74
Total OCI -. N556.78B
Interim Div - N0.30k

emmanuelewumi:
Where is the evidence

chimex38:
Lol..
U know reporters, they know say the marketing is in the headings

emmanuelewumi:
Airtel cant raise more than 500 million additional shares valued at about N800 billion

chimex38:
Wahala dey like Bicycle..
But same FG has a 20% abi name 30% stake in the refinery
https://politicsnigeria.com/breaking-tinubu-receives-petition-against-dangote-over-3-4-billion-siphoned-through-cbn/

OBAGADAFFI:
Oh

MTN might do reconstruction.
I think the "SCRIPT" issuance should stop.

locodemy:
More results will drop this night.
By tomorrow, any company that fails to file result without delay notice should be avoided.

locodemy:
If his order is on price limit, how will he be cheated?
They will only sell for him at the highest price if he uses market price.still not cheating but best market price

OBAGADAFFI:
Not good.

Broker will cheat you

OBAGADAFFI:
NGX is Down

Mfunkynation:
Same here

emmanuelewumi:
ASI closed at 63,000

emmanuelewumi:
The beauty of some of these credit facilities for investment purposes is their flexibility.

Assuming you have an Asset Backed loan of N1 million at 20%, they usually give for 6 months with the option to rollover as long as possible.

The interest for 6 months will be 100k, after paying the interest the investor can rollover, if the investor paid the interest and another 200k out of the principal. The principal sum will be 800k and the interest payable in the next 6 months will be 80k.


Salary earners can opt for the monthly payment option.


I usually do the quarterly and half year payments

Mpeace:
E fit red tomorrow oh. Nigerian international bondsdidnt do well today, reacting to the Sack of the governor of the CBN.

But NSE sha get mind of him own

pizapato:
US is market even pumping right now

S&P and QQQ just hit 52 weeks high.

When the US markets starts showing signs of decline, that when one should be cautious.

The removal of Emefiele can however cause a decline in the short term

OBAGADAFFI:
You go Wait tire.

Even in COVID Zenith didn't fall to N5.

ositadima1:
Borrowing is not my thing. I would rather manage the little I have than borrow. It is my personal philosophy.

However, if Zenith Bank's stock price goes back to 11, I will take out multiple loans, big time.

locodemy:
The reason why I sold the 5m units yesterday is not because of the company but because this subsidy removal might cause the generational low oracle is inciting.I have 13,857,000 units of Japaul left.
For Japaul to show strength at the last hours of trading yesterday means something is cooking.Might be the impact of subsidy removal lurking on the stock.

kolaish:
Thank you. Personally, I think we all should exercise some restraints about the way we call out people here negatively, especially those that are highly resourced like oracle. Nobody is paid a penny to dish out analysis of the present and future events on the markets based on his research, therefore, the least we can do is to at least give them some respect.

Additionally, we at times fail to realize that market never go up or down forever. It is like a cycle, it goes up and later come down. But some people here are aversive and want the market to go up forever which is virtually impossible. The best one can do for himself is to gather the positives and negatives and make a good decision out of it. Good luck to all.

RabbiDoracle:
My last warning o.

This is not a bullish market. Please keep some cash aside before the generational low starts.

I don talk finish.

aremso:
So what u are telling your newbies is that they should keep buying at any price since you are certain the will hit the roof? You think our NSE operate in isolation? What of if we have global serious bank collapse and we have contagious effects u think those banks price can't tank? Dey play!

aremso:
Big boys are done with their moves, market going back to Golgotha mode

DeRuggedProf:
Where she dey when the stock was trading between 69kobo and N1 for a very long time? Tony shall. God bless Ote$. I pray he should not forgive Tony. In Nigeria, only when big men get issues to settle that the poor suffering masses are remembered...

BabsO2:
Good to see relatives of Tony loading up Transcorp shares. Here a relative is reported to have bought 2million shares at N3.12 earlier this month.

https://doclib.ngxgroup.com/Financial_NewsDocs/170_Executed_Insider_Dealing_Notification_-_Dr._Awele_Elumelu_(_12th_May_23).pdf