₦airaland Forum

Yes I recall this...

yMcy56:
Q2 was already pointing to the fact that PZ will exit the loss by this Q3......
Think i also observed and mentioned this when Q2 was out

PZ CUSSONS

For context,
In Q1 (ended 30 Sept 2024) loss of ₦96,435,367,000
In Q2 (ended 30 Nov 2024) loss of ₦7,006,643,000
In Q3 (ended 28 Feb 2025) profit of ₦11,289,367,000

OS is currently 3,970,477,045

https://doclib.ngxgroup.com/Financial_NewsDocs/43467_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2025.pdf

Every mallam to his kettle...

Yes please

Mpeace:
Abi na FO you mean

WAPCO almost on FO...

Panadee:
https://guardian.ng/news/senate-halts-sale-of-lafarge-to-chinese-firm/

https://punchng.com/senate-calls-for-transparency-in-lafarge-cement-sale/

https://www.thisdaylive.com/index.php/2025/03/28/national-security-senate-set-to-block-sale-of-lafarge-cement-to-chinese-firm/

It's more about 'transparency' of the acquisition process, than halting the sale in its entirety.

Ding!

"...sold to institutional investors..."

I hope this is a misrepresentation of their thoughts.

emmanuelewumi:
IPO of the decade

ETI

https://doclib.ngxgroup.com/Financial_NewsDocs/43451_ECOBANK_TRANSNATIONAL_INCORPORATED-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -3.80%

Pesin BP no suppose they move like CHAMS

What's cooking in PZ

The 'engine' is an electric motor.
It is powered by batteries...

Streetinvestor2:
I don't understand it doesn't have engine.
Or the engine is powered by battery.

You dey hawk this your palmoil

BabsO2:
The video made me bearish for the oil companies like SEPLAT, ARADEL & OANDO for any kind of fresh purchases. The only oil companies worth buying now appear to be palm oil companies

130k you meant to type right?

jonnysessy:
Wait for Access to declare N3.00k, make you come see bullish trend. 😁😁😁

Seems investors are not happy with the DIV of the banks...

SonofElElyonRet:
The "Akpa" wars have recommenced.. if you know you know

At the bolded, it doesn't have an engine.

The key metrics for EVs are battery capacity, range per charge and [maybe] maximum speed...

Streetinvestor2:
What is the capacity of the car.Is it upto 2.0.Any things lower na toy oh

Ding

Zenith ✅
GTCO ⏳

KarlTom:
Final DIV of 350 kobo is a conservative benchmark.

IMO 600 kobo is a stretch...

ZENITH

Final DIV. ₦4.00
QD. 11 April 2025
PD. 25 April 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/43438_ZENITH_BANK_PLC-ZENITH_BANK_PLC_-_CORPORATE_ACTION_CORPORATE_ACTIONS_MARCH_2025.pdf

ARADEL. ±
CONOIL. ±
ETERNA. +3.91%
OandO. ±

Ding!!

UPDATED...

KarlTom:
SCHEDULED BOARD MEETINGS

Tuesday 18th March 2025.
TRANEX,

Wednesday 19th March 2025.
NPFMFB,

Thursday 20th March 2025
OKOMUOIL,

Friday 21st March, 2025
ARADEL,

Monday 24th March, 2025.
ETERNA

Tuesday 25th March 2025.
OMATEK, VFD

Wednesday 26th March 2025.
NCR,

Thursday 27th March 2025
ABC, BUAFOODS, CADBURY, CAP, CAVERTON, ETRANSACT, FIDSON, M&B, MRSOIL, NAHCO, PZ, SAHCO,

Friday, March 28, 2025
CHAMS, CUSTODIAN, LASACO, PRESCO, TOTAL,

Tuesday, April 29, 2025
MTNN,
......

Thank you!

Raider76:
All you said is well. Except the Japanese Yen is a strong convertible currency that is very stable, and Japan has had very low inflation and even negative (-ve) interest rates for decades. So, a Japanese refinery importing crude in US$ and selling in Yen is almost like using the same currency. We Nigerians like to compare ourselves to the strongest countries on earth. But sometimes it is like a chicken saying it will fly like the eagle since it is also a bird. If you don't understand who you are it is easy to get lost.

You seem to have forgotten so quickly that we have the domestic crude supply obligation (DCSO) as mandated by the PIA. Something that seems like rocket science for the NUPRC to fully enforce.

May I also remind you that the so-called international traders asked the domestic refineries (DANGREFINE et al) to pay about $4 million EXTRA per cargo.

Comparison of Japan and Nigeria wrt FX is a grave mismatch.
Japan generated/received over US$700billion in 2024 from exports while we are struggling to rake in US$70billion...

Oligarchy is not a crime IF within the ambits of the law

zendi:
20 Japanese refineries import all their crude oil in the petro-currency, dollars.
Japan has no crude oil.
But they sell refined products to the domestic market in the local currency. They must also be exporting, but I assume that all operations are done at profit to the refineries..

Nigeria's private refineries should pay for every drop of our crude oil in the petro currency, dollars.
To do otherwise would deplete our external reserves and subsidize the export trade of private entities.
It will also be subsidizing, unfortunately, both land and sea smuggling of cheap refined products out of the country.

Nigerian refineries will operate even more profitably than their Japanese counterparts because "importing" crude oil from home will eliminate freight (shipping) and Maritime insurance costs from the landing cost, than would be the case if importing crude from abroad.
The same advantage for Petroleum marketers, than if importing products from abroad.

Summary, private refineries should procure crude oil from wherever found, or pay for our own at the international price and currency, then sell products to domestic offtakers at whatever conversion rate that makes them profit, but not in foreign currency.

Competition should checkmate monopoly and excessive price hiking.

I'm just an ordinary citizen observing the Oligarch and the Cabal at each other's throats for control of the nation's petroleum fortunes.

Ding

As much as it's prevalent during the present government, I believe that we should hold the respective agencies and regulators accountable for their inactions.

Generalizing it won't bring the desired results...

Streetinvestor2:
The corruption in this government is taking a new level since apc/government came into power.The judiciary has become the most useless so anyone can do anything this days

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +5.59%

@Sean.

Before anything, ask yourself this question:
Am I a trader or an investor or a mix of both?

It will surely guide your learning and decision... ✌🏽

KarlTom:
I use a lot of online resources.

1. https://www.ruleoneinvesting.com/
2. https://www.investopedia.com/
3. If you admire the Oracle of Omaha, then try and get this book...
https://epdf.pub/queue/warren-buffett-speaks-wit-and-wisdom-from-the-world-greatest-investo-5ea6c3197045e.html

Ding

I'm not trying to scare you away. Just stating the obvious.

Take your time to learn the ropes and you should be fine...

seanwilliam:
I’m new to stock Infact I don’t know anything about it yet, but I doubt there’s any venture on this God’s owned earth as volatile as crypto .
Ha!.

Caveat.
There's Shege Pro Max here...

seanwilliam:
I’ll be joining this family anytime soon. Crypto has shown me nothing but premium shege this past months.
As a newbie, willing to put some milly which is my last cards , please point me to the right direction ..
The page is too much to consume . I’ll appreciate. God bless.

My attention was brought to DANGOTE GLOBAL SERVICES LIMITED (# 06614238)

Registered with the Companies House UK

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