₦airaland Forum

Ding

ndept:
Bolded, not really.

But, the little green we are seeing now keeps reminding me of Oracle’s trap basket and if care is not taken, the red we are seeing now may be a testing of the mic. Regardless of the dividend by the banks, some financial institution may use the opportunity to offload their kaya, thereby making the market to go down more. In addition, I do not see the banks performing excellently this year because the forex gains that contributed to their excellent financial results last year may not be there this year, coupled with their over-bloated outstanding shares. You and I know that the upward/downward movement in the price of bank stocks dictate the direction of the market. Even the outlook for oil is not looking good in the next months. However, this does not mean that all stocks will go down together. Some stocks will still present opportunity for people to make money despite the reds in the market.

I sold 85% of my holdings last week, the remaining 15% are stocks that has forcefully turn me to an investor like @emmanuelewumi . Like Sky aviation which I bought at N24 but does not have enough volume for me to sell since 2 weeks ago.

However, it is pertinent to note that I donated 14% of the loot I made before 15th January 2025 to the market as part of my corporate social responsibility and greed. For now, I have decided to stay on the sideline and watch how events unfold in the market in the next 2 months. It is good to be a spectator and not a participant at NSEMPA when e-fight starts due to the red in the market.

Above is a personal opinion please.

Nailed it 👍🏾

GeneralDae:
Yes but I think the Nigerian economy is more sensitive to low crude oil production than it is to prices as long as oil prices can stay above $55 per barrel. If we refine locally, it reduces the pressure on FX. Correct me if I’m wrong, but I don’t think crude oil sales dominate FG revenues like in 2016, it only dominates exports (80%) but if it still does, then increased production to at least 1.8 million bpd this year would help. But crude oil prices has the effect on FX which can be mitigated to an extent via reduced importation.

You ehn

chimex38:
Otedola office go dey ontop.

The Billionaire wan see the universe from there
and especially monitor some of these FBN cacus Directors

Nice!
Gradually the dark blue will vanish...

GeneralDae:
True. The Dangote refinery is ramping up and we have reduced petrol imports by so much this year.

The yellow in this data signifies Port Harcourt Refinery and the blue line signifies imports, the DORC cabotage is Dangote supply via sea and DORC trucking is Dangote supply via truck. Local production dominated the market over imports for the first time in a long while in February 2025.

Source : CITAC Africa.

How so?

You think a 130 y-o bank still 'paying rent' for some of their HQ space is normal?
Note that they now operate as a HoldCo so it might be a move to put all entities in one place.

PS: the funds hitherto tagged 'bad debts' will sort a large portion of the building funds...

SonofElElyonRet:
First Bank building 40 storey head office at Eko Atlantic City... Misplaced priority?

ARADEL. ±
CONOIL. ±
ETERNA. -9.66%
OandO. ±

LIVE: GROUNDBREAKING CEREMONY OF THE FIRSTBANK NEW HEAD OFFICE, EKO ATLANTIC.


https://www.youtube.com/watch?v=HkFdKJSRpmg

There seems to be a subtle shedding in the market over the last 5 trading days...

Maybe the market is averaging your average

Payunsin:
Wigwe family dey sell their Access stake Ni.
I no understand
As I dey average down the thing dey go down

Ding!!!

SEPLAT

DIV. 6.9c (Final 3.6c + Special 3.3c)

https://doclib.ngxgroup.com/Financial_NewsDocs/43264_SEPLAT_ENERGY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

DANGSUGAR
https://doclib.ngxgroup.com/Financial_NewsDocs/43262_DANGOTE_SUGAR_REFINERY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

NASCON
https://doclib.ngxgroup.com/Financial_NewsDocs/43263_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

They have clarified it to be ₦0.06 (6kobo) instead of ₦0.6 (60kobo)
https://doclib.ngxgroup.com/Financial_NewsDocs/43261_CHAMPION_BREW._PLC.-FINAL_DIVIDEND_CLARIFICATION_CORPORATE_ACTIONS_MARCH_2025.pdf

essentialone:
CHAMPION. Is it 6 kobo or 60 kobo? The Notification and the Financial Statement are conflicting themselves.

ARADEL. +0.40%
CONOIL. ±
ETERNA. ±
OandO. +2.84%

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: Wednesday 9th April, 2025

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, 7th April 2025 *

TRANSCOHOT ✅
DIV. 64 kobo
QD: Tuesday 25th March, 2025.
PD: Thursday 3rd April 2025

TRANSCORP ✅
DIV. 60 kobo
QD: Thursday, 27th March 2025.
PD: Wednesday 9th April 2025

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

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

TIP ✅
DIV. 10 kobo
QD: Friday 4th April, 2025.
PD: Monday 28th April, 2025

STANBIC
DIV. 300 kobo
QD: Friday 11th April, 2025.
PD: Friday 16th May, 2025

UBA ✅
DIV. 300 kobo
QD: Friday 11th April, 2025.
PD: Friday 25th April, 2025

CUSTODIAN ✅
DIV. 110 kobo
QD: Monday 14th April, 2025.
PD: Friday 2nd May, 2025

GTCO ✅
DIV. 703 kobo
QD: Tuesday 15th April, 2025.
PD: Friday 24th April, 2025

ZENITH ✅
DIV. 400 kobo
QD: Tuesday 15th April, 2025.
PD: Tuesday 29th April, 2025

FIDELITY ✅
DIV. 125 kobo
QD: Tuesday 15th April, 2025.
PD: Tuesday 29th April, 2025

FCMB ✅
DIV. 55 kobo
QD: Wednesday 16th April, 2025
PD: Tuesday 29th 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

CAP
DIV. 240 kobo
QD: Friday, 18th April 2025.
PD: TBC

VFD ✅
DIV. 250 kobo
BONUS: 5-for-1
QD: Tuesday 22nd April, 2025.
PD: Thursday 8th May, 2025

TOTAL
DIV. 4000 kobo
QD: Tuesday 22nd April, 2025.
PD: Friday 16th May, 2025

OKOMUOIL
DIV. 2600 kobo
QD: Thursday 24th April, 2025.
PD: Thursday 22nd May, 2025

SFREIT
DIV. 2150 kobo
QD: Friday, 25th April 2025.
PD: Monday 19th May, 2025

NEM
DIV. 100 kobo
QD: Friday 25th April 2025.
PD: Tuesday 20th May 2025

UNILEVER ✅
DIV. 125 kobo
QD: Friday, 25th April 2025.
PD: Monday 12th May 2025

ARADEL
DIV. 2200kobo
QD: Tuesday, 6th May 2025.
PD: Thursday 29th May 2025

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

LAFARGE INTERIM
DIV. 400 kobo
QD: Friday 9th May 2025.
PD: Tuesday 20th May 2025

NAHCO
DIV. 594 kobo
QD: Friday 9th May 2025.
PD: Friday 23rd May 2025

AIICO
DIV. 7 kobo
QD: Wednesday 21st May 2025.
PD: Tuesday 27th May 2025

UACN
DIV. 22 kobo
QD: Wednesday 21st May 2025.
PD: Thursday 5th June 2025

JB
DIV. 325 kobo
QD: Friday 30th May 2025.
PD: Friday 20th June 2025

SUNU
DIV. 10 kobo
QD: Friday 30th May 2025.
PD: TBC

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

MANSARD
DIV. 45 kobo
QD: Wednesday 25th June 2025
PD: Thursday 10th July 2025

PRESCO
DIV. 4200 kobo
QD: Friday 4th July 2025.
PD: Wednesday 6th August 2025

FIDSON
DIV. 100 kobo
QD: Friday 11th July 2025.
PD: Friday 1st August 2025

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

BUAFOODS
DIV. 1300 kobo
QD: Thursday 21st August 2025.
PD: Thursday 25th September 2025


....

Ding

Try this 🔗

https://epdf.pub/queue/warren-buffett-speaks-wit-and-wisdom-from-the-world-greatest-investo-5ea6c3197045e.html

Amarachibaby:
thanks,do you have a PDF of the book

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...

Amarachibaby:
non but you can recommend

Personally,no...

RodgersAkpafu:
Just curious
Do you buy oil contracts via derivatives ?

Please o

How will this Russia-Ukraine-USA impasse affect oil prices?

Na that one be my own business...

Streetinvestor2:
Simple truth and nothing but the truth.
The stupid clown sacrificed his people and country without reasoning.
I wonder why nobody has shot him in that country yet .A president that should have been occupied in advancing his country economically instead he was interested in joining nato.
What benefits was nato going to bring to his people. Which country was he planning to engage in war in future that he needed to be nato member You never chop belle full. You dey look for military might. Whr does he hope to get money to even build back his country after now

Personally, I think there is a big market in T&T.

There is no functional refinery in the entire country.

They import all their PMS, DPK, AGO etc for domestic consumption...

However, I am not fully convinced with this 'deal' and I believe that there is a fire under this smoke screen...

BabsO2:
How profitable is this refinery sef. Refineries usually have low margins. An old one like this will have very low margins. Or is the TT government giving special concessions like paying ops fees even if it operates at a loss, otherwise it doesn’t look attractive to me.

Heavy...

megawealth01:
Exactly. The bitter TRUTH 💯

Although Wale gets his own for him body but to be fair to Oando. The coy seems to be on the right track...

Note

I'm heavily loaded in Oando and MIGHT wait it out until JAGABANomics is done with the presidency

In the last T&T general elections of 2020, the People's National Movement (PNM) won 22 of the 41 seats. Leaving the opposition, United National Congress (UNC), with 19 seats.

PM Keith Rowley (PNM) is currently serving a second term as prime minister.

Kamla Persad-Bissessar is the current leader of UNC.

In 2015 elections, it was 24 seats (PNM) to 17 seats (UNC)

2025 elections will be very close... One to keep an eye on

KarlTom:
Another drama unfolding
https://www.cnc3.co.tt/kamla-unc-wont-honour-any-refinery-deal-the-pnm-signs/

"However, noting issues with the arrangement, Persad-Bissessar said, “The entire country knows that this disposal of the refinery on the eve of a general election is a last-gasp corrupt deal to fill the pockets of this outgoing government."

“This is the third time this Government has found disreputable (sic) persons to gift the refinery. The first were two electricians in a storefront in the US called Quanten LLC, then corruption-accused Jindal and now corruption-plagued Oando,” she alleged."

“The UNC will not honour any agreement that this Government enters into regarding the Pointe-a-Pierre refinery and we guarantee that the UNC will pursue investigations against everyone who participates in this theft of the refinery assets.”

Another drama unfolding
https://www.cnc3.co.tt/kamla-unc-wont-honour-any-refinery-deal-the-pnm-signs/

"However, noting issues with the arrangement, Persad-Bissessar said, “The entire country knows that this disposal of the refinery on the eve of a general election is a last-gasp corrupt deal to fill the pockets of this outgoing government."

“This is the third time this Government has found disreputable (sic) persons to gift the refinery. The first were two electricians in a storefront in the US called Quanten LLC, then corruption-accused Jindal and now corruption-plagued Oando,” she alleged."

“The UNC will not honour any agreement that this Government enters into regarding the Pointe-a-Pierre refinery and we guarantee that the UNC will pursue investigations against everyone who participates in this theft of the refinery assets.”

Bagwa:
https://www.cnc3.co.tt/nigerian-company-oando-plc-is-preferred-bidder-for-refinery/

ARADEL. +2.72%
CONOIL. -2.65%
ETERNA. ±
OandO. +9.94%

I project a loss in H1 2025 all things being equal...

* A RI (as mentioned by Sunrisepebble) will hasten this

GeneralDae:
They would return to profit from this first quarter even.

Payunsin:
If person no stand well, Oando can run man mad.
I believe someone is playing games with the stock.
I go see the end of it.

Proper Sportsman Response

HesInMe:
No harm, no foul. Nobody is getting paid for their contributions here. Any answer is appreciated, and no answer is understandable.

ZENITH!

OandO