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KarlTom's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:13pm On Mar 15, 2025
The SPDC JV and others as reported by NUPRC

https://www.nuprc.gov.ng/wp-content/uploads/2024/04/UPDATED-2023-NUPRC-ANNUAL-REPORT.pdf

Mpeace:
The level of production remains too unclear. It might in fact be more than that 20k barrels . I suspect my source of info used shell's share of the JV which stands at 30%.
Only time will tell sha
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 7:59am On Mar 15, 2025
It is spelt out in pgg 314, 351, 313 of the NSE Rule Book 2015...
Streetinvestor2:
No vex how whr they able to adopt this style of voting.
We need to recommend this idea to sec to become a requirement

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:35pm On Mar 14, 2025
It has always been an option but most shareholders are unaware...

I hope they share the link to the recording, you'll see the resistance to the digital voting... grin
Streetinvestor2:
No vex how whr they able to adopt this style of voting.
We need to recommend this idea to sec to become a requirement
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:33pm On Mar 14, 2025
Abeg they should ramp up production o.

SPDC was the operator of the JV
- 3173km of flow lines and pipelines
- 263 producing oil wells
- 56 producing gas wells
- 6 gas plants
- 2 major oil export terminals
- 1 power plant.

The JV holds an estimated 6.73 billion barrels of oil and condensate and 56.27 trillion cubic feet of gas (as at 2023)

The big question is who will become the new operator of the JV 🤔

Mpeace:
Very rich asset but I heard the production level is currently low. Like 20k barrels per day or thereabout.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:26pm On Mar 14, 2025
grin

yMcy56:
I'm essence, the non approval still favours the minority shareholders.....let it move to 60+ abeg 😁
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:58pm On Mar 14, 2025
In summary, 1 unit of share carries 1 vote

77,952,420 votes (for) vs 228,066,509 votes (against)...

Streetinvestor2:
If they voted in favour so why didn't the resolution go through. I don't understand
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:41pm On Mar 14, 2025
Actually, 'most of the minority' voted in favor.

However,their holdings did not meet the requirements...


yMcy56:
PZ
EGM outcome....
* Revised conversion from N23.60 to N37.10
* Majority shareholder's holding post conversion will be 79.81%
** The resolution was not approved by the shareholders of PZ
** PZ minority shareholders not joking ......Let PZ come up with better valuation 😊....

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Mar 14, 2025
Ding grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:44pm On Mar 13, 2025
I hope and pray that when they eventually settle, the SP (for consideration) will be higher.

Honestly, the debt-to-equity conversion is in the best interest of shareholders. Repayment will keep swallowing the profits...
Streetinvestor2:
It is obvious the management did not settle all those fraud called shareholders associations. That is why you have such outing. They'll soon settle them and music will change. You can go verify from boniface nwosu
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:41pm On Mar 13, 2025
Special kudos to the shareholder who requested for [and insisted on] the use to digital voting instead of show of hands.
If you followed the EGM, you'll notice that they tried to sway him until another shareholder, who happens to be a lawyer, voiced out in support.

Honestly my heart prays for them... smiley

Hogwarthtrades:
Pz shareholders give me joy (dem dey burst my brain as said in naija parlance! grin ). Stand for what is right however challenging the prospect of success maybe.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:34pm On Mar 13, 2025
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:28pm On Mar 13, 2025
Gotcha wink

vacanci:
What is Aradel percentage stake in renaissance africa
KarlTom:
About 34%... cool
Sunrisepebble:
Wow, where did you see this ?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:25pm On Mar 13, 2025
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:46pm On Mar 13, 2025
This una format don cast.

Move along!
servicom101:
Buying/selling USDT
WhatsApp +2349030810528
Ibrahim505:
I want to sell my usdt from binance
How do you process the trade?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:43pm On Mar 13, 2025
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +0.57%
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:22pm On Mar 13, 2025
MOTION WAS NOT CARRIED.

CASE CLOSED...

KarlTom:
PZ Cussons EGM

LIVE UPDATES:

NEW PROPOSED TERMS OF THE DEBT-TO-EQUITY CONVERSION

Reviewed Proposed SP of ₦37.1 (today's opening price)
Exchange rate of ₦1538.68/US$
Debt: ₦47.6bn

Majority holding will rise to 79.81%

(Still being deliberated...)

1. Rights Issue
2.
...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:37pm On Mar 13, 2025
PZ Cussons EGM

LIVE UPDATES:

NEW PROPOSED TERMS OF THE DEBT-TO-EQUITY CONVERSION

Reviewed Proposed SP of ₦37.1 (today's opening price)
Exchange rate of ₦1538.68/US$
Debt: ₦47.6bn

Majority holding will rise to 79.81%

(Still being deliberated...)

1. Rights Issue
2.
...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:50pm On Mar 13, 2025
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Mar 13, 2025
Ding cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 7:23am On Mar 13, 2025
So no EGM?
Youngzedd:
Court orders status quo be maintained in shareholder’s case challenging PZ Cussons’ EGM

https://nairametrics.com/2025/03/12/court-orders-status-quo-be-maintained-in-shareholders-case-challenging-pz-cussons-egm/

Power to the shareholders cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by 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,
......
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:36pm On Mar 12, 2025
ARADEL. ±
CONOIL. -10.00%
ETERNA. ±
OandO. -1.95%
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:34am On Mar 12, 2025
None smiley
GeeKudi:
Any info?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:34am On Mar 12, 2025
MC iTrade is back... wink
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:20am On Mar 12, 2025
2.34bn worth of shares traded in MTNN.

Wagwan shocked
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:15am On Mar 12, 2025
It seems to be down. sad
awesomeJ:
Can anyone access MCSE iTrade rn?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:07am On Mar 12, 2025
UPDATED

KarlTom:
CORPORATE ACTIONS

TRANSPOWER
DIV. 350 kobo
QD: Tuesday 11th February, 2025.
PD: Tuesday 11th March, 2025.

NGX
DIV. 200 kobo
QD: Friday, 13th March 2025.
PD: TBC

GEREGU
DIV. 850 kobo
QD: Thursday 13th March, 2025.
PD: Friday 28th March, 2025

UCAP
DIV. 50 kobo
QD: Friday 14th March, 2025.
PD: Friday 4th April, 2025

AFRIPRUD
DIV. 60 kobo
BONUS: 1 for 1
QD: Friday, 21st March 2025.
PD: Monday, 31st March 2025

TRANSCOHOT
DIV. 64 kobo
QD: Tuesday 25th March, 2025.
PD: Wednesday 16th April 2025

TRANSCORP
DIV. 60 kobo
QD: Thursday, 27th March 2025.
PD: Wednesday 16th April 2025

LAFARGE
DIV. 120 kobo
QD: Friday, 28th March 2025.
PD: 25th day of April 2025

HMCALL
DIV. 7 kobo
QD: Monday 31st March, 2025.
PD: Friday 25th April, 2025

NASCON
DIV. 200 kobo
QD: Wednesday 16th April, 2025.
PD: Friday 9th May, 2025

MECURE
DIV. 15 kobo
QD: Friday, 18th April 2025.
PD: TBC

CHAMPION
DIV. 6 kobo
QD: Friday, 9th May 2025.
PD: Wednesday 21st May 2025

DANGCEMENT
DIV. 3000 kobo
QD: Monday, 9th June 2025.
PD: Monday 23rd June 2025

BUACEMENT
DIV. 205 kobo
QD: Friday, 8th August 2025.
PD: Thursday 28th August 2025


......

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Mar 12, 2025
Ding! cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:20am On Mar 12, 2025
Except you know someone personally (even this is not certain), everything you see here should be taken with a pinch of salt 🤏.

I can as well share SC of my holdings from 2010 here and brag about entering the market early bla bla bla.

The diversity of our thoughts and views makes for a balanced investment strategy and decision-making.

No one is perfect cos even the 'gurus' miss it sometimes

Every mallam to his kettle... ✌🏽
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:31pm On Mar 11, 2025
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:39pm On Mar 11, 2025
ARADEL. ±
CONOIL. ±
ETERNA. +1.20%
OandO. -0.46%
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:09pm On Mar 11, 2025
Even FBNH keeps popping up on MC ...
Raider76:
Confusion as Yochaa reports prices for FBNH, FirstHoldCo and FIRSTHOLDCO.

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