₦airaland Forum

This is massive

10% on Monday?

BabsO2:
Make we wait for 2024 Q1, Q2 and Q3

GeeKudi:
On the hindsight, what is happening with Aradel now, appears to be a conspiracy to make money off unsuspecting investors, and it is very unfair.

You multiplied your OS by 20, pumped the resulting price by almost 100% and then present it to people as best thing after jellof rice.

The promoters here may or may not have been part of this conspiracy but those who were able to avoid this monumental rip off largely owe it to the cautionary note from Sunrisepebble.

I bought some units the day it became available and sold it after few hours with some profits to fuel my car.

AIRTEL INT DIV

2.6cents (1 USD = 1656.97 Nigerian naira)

https://doclib.ngxgroup.com/Financial_NewsDocs/42573_AIRTEL_AFRICA_PLC-ANNOUNCEMENT_OF_INTERIM_DIVIDEND_CURRENCY_EXCHANGE_RATES_CORPORATE_ACTIONS_NOVEMBER_2024.pdf

emmanuelewumi:
You wan buy more, I fit arrange am for you.

How many units are you buying?

OandO. ±
ETERNA. ±
ARADEL. -10.00%

ELLAH 3.70

...

AVA

Original copy
https://doclib.ngxgroup.com/Financial_NewsDocs/42567_AVA_INFRASTRUCTURE_FUND-AVA_INFRASTRUCTURE_FUND_QUARTERLY_REPORT_FOR_Q3_2024_CORPORATE_ACTIONS_OCTOBER_2024.pdf

yMcy56:
@Streetinvestor2
Your company result don land o.....na only one page 😁
Maybe it's mistake or that's how they report theirs..

https://doclib.ngxgroup.com/Financial_NewsDocs/42551_AVA_INFRASTRUCTURE_FUND-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

I share similar sentiment....

I ditched that perennial underperformer last quarter

Omooloriredade:
There's a school fee paid in the insurance sector. Some have probably never paid this before.

When a company declares a good result one quarter/year, don't assume there will be a repeat in subsequent quarters/years. You might say it's normal but wait, it's actually more pronounced in this sector.

There's a perennial under-performer that should actually be the leading insurance company in Nigeria but has failed...

Historical earnings pattern should be considered

...

zendi:
The bolded is okay. I believe he is in Aradel, whose bear is beginning to steal too much from the loot he made from Oando. He has been looking to provoke Aradel conversation with the hope of hearing comforting words of possible sudden reversal.

Is this a BYE...

Locotrader:
Look like Morgan capital and Atlas portfolio (cititrader) has same type of web portal.
Manually done things.

Well I was able to do a transaction with cititrader today at around 0.80% total cost on BUY. This people will save me money oooo.Just that the funding and withdrawals are not friendly.You have to notify them of payment and request for withdrawal too.

Cardinal stone and stanbic are also cheaper in fees than other peers(Top brokers).Tested them ok

Investment one has been milking me 1.80% buy and 2.1% sell for sometime now. They will not see my BUY again.

OandO. ±
ETERNA. ±
ARADEL. -10.00%

None that I am aware of.

I use the web platform...

Divineability:
Does MorganCapital have an app now?

There are several.
I use MorganC for live trading data...

designking:
Can you recommend any good App to track NGX live stock prices... Bamboo is messing with my head.

GeeKudi:
He is using Bamboo. Bamboo "erroneously" showed him the last trading price yesterday as the reference price for Aradel. That price only became official today based on the rules but he doesn't know.

It is the reason why some of his postulations here are sometimes off point and bordering on false hope.

Stop using whatever app/broker you are currently using to monitor the market.
You seem to be a trader.
Get a broker with live market data...

designking:
I thought that was the price it closed yesterday

Market moving wild...

Na to siddon dey look

GeeKudi:
Wahala

UACN doing some crazy volumes too. Over 50M units traded already.

68m+ offers for UBA

JIJO?

Me sef I just dey laugh the result...

yMcy56:
@Streetinvestor2
Your company result don land o.....na only one page 😁
Maybe it's mistake or that's how they report theirs..

https://doclib.ngxgroup.com/Financial_NewsDocs/42551_AVA_INFRASTRUCTURE_FUND-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

They both import sugar. Just not sure of the % quota...

BabsO2:
Looks like it's Dangote importing raw sugar at the moment, while BUA is producing raw sugar locally in Nigeria.

Dingg!!

The market didn't respond to yesterday's fantastic results.

Let's see what happens today...

Locotrader:
I am looking forward for that 100k ASI breakout tomorrow and next week.

We may see 120k by year end.

For kobo stock lovers like me,go and line up for prestige,It is a 100% stock .

10% with full bid is certain this morning.

I am also expecting 15 stocks to be on full bid today.

Xmas here we come

Something is definitely brewing in UBA.

These volumes are not ordinary...

OandO. ± *
ETERNA. ±
ARADEL. ±

It's incorrectly stated
Q3 ₦34.3
Q1 - Q3 ₦158.1

emmanuelewumi:
Add FX gain might increase the EPS or will they add it when the account is audited.

Can we say they understated the EPS

No be bend-down-select o

megawealth01:
How much?

Looks like deferred tax.

In H1, rate was 35.65%.
Q1 - Q3, rate is 42.24%

Willie2015:
That tax expense ...
Na out of this world...
Ard 78% ...

** Edit
It was not added for the calculation of the EPS.

Agbalowomeri:
Are we looking at the same report? Wondering why they didn't add the FX gain to the EPS

Overall result is flat. Seems plenty chopping lines don enter Lol

On a closer look, ARADEL Q3 performance was shambolic...

Q3 PAT: ₦6,153,163
Q1-Q3 PAT: ₦110,579,457

*** Exchange losses of ₦32.8bn

ARADEL

IB seems to be turning the corner.
All eyes on FY24...

KarlTom:
ARADEL

https://doclib.ngxgroup.com/Financial_NewsDocs/42494_ARADEL_HOLDINGS_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

IB

https://doclib.ngxgroup.com/Financial_NewsDocs/42495_INTERNATIONAL_BREWERIES_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

ARADEL

https://doclib.ngxgroup.com/Financial_NewsDocs/42494_ARADEL_HOLDINGS_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

IB

https://doclib.ngxgroup.com/Financial_NewsDocs/42495_INTERNATIONAL_BREWERIES_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

You don vex...

PharmAlfred:
No market is normal but NSE is the height of anomaly. Banger stocks don't bang. Look at all the amazing results we have seen so far. See how flat the market is. See the response to some of the best results we have seen in a long time. They should close this shit up!

You could be minting money today.

Sadly, insecurity is a bane of this country...

ndept:
Thanks for the above. These are the ways through which we scrutinize stocks and not by abusing and rubbishing the views of others.

On Ellah lakes issue, someone promised here sometime ago to visit their farm and report back to us and we are still waiting on that report. But in my own views, the palm oil business is not a business that yields returns in the first 5 years, in fact, an average palm tree reaches its peak of fruition from 8 years and above. Therefore, if Ellah Lakes is really into palm oil production like Presco and okomu oil, it will take Ellah lakes at least 5 years to start reaping the gains of palm oil business. That is also depending on when they actually planted the palm trees.

NB: I previously own about 70 acres palm tree plantation and personally bought the palm fruit from Okomu oil in Benin in 2015, planted it in 2016 and sold the plantation in 2023 due to security concern. Therefore, I know exactly what I am talking about.