₦airaland Forum

You can say that again...

Mpeace:
15billion naira. Hmm money dey oh

Already noticed it in Three stocks.
I still dey observe...

megawealth01:
For which stock abi stocks?

Seems the year-end bull don dey get small energy o...

The trades happened between 14 - 16 October.
The regulators could have allowed those trades in order to provide liquidity...

Although the liquidity wan turn to erosion

Mpeace:
But is it lawful for an insider to trade during a closed period? Aradel and most companies on nxg are currently observing the closed period.
In the USA, they could be sanctioned for that.

Has anyone heard the outcome of Barbican vs FBNH?

Dingg!

I noticed they 'paused' when they realized the drop in price will cost them billions in profit...

Sunrisepebble:
The PE firm I mentioned with Aradel have started selling down their stake

megawealth01:
If you say the same thing about Oando everywhere go scatter

You speak with such certainty.
ARADEL didn't drop like you predicted yesterday.
Infact a meagre volume was traded yesterday contrary to expectations.

Let's allow market do its thing...

designking:
The volume of Aradel offers yet cleared can force the stock below ₦400.

Tomorrow is a good time to start buying Aradel. Its share price will drop another 10% today and like 5% tomorrow.

@streetinvestor
Another one

https://www.thisdaylive.com/index.php/2024/10/14/the-evolution-of-oando-under-wale-tinubus-transformative-leadership/

Legit angle...

Mpeace:
That could well be the consideration for the approval.
Some big govt officials must be compensated with units.

As the thing no drop today naa.

I just dey hold my breathe since morning...

megawealth01:
On top this Oando abi ARADEL matter you dey sigh relief

Whoever did that cross deal of 2,032,227 units of SEPLAT just made over 1.78BILLION naira paper profit (less charges)

Yes you read that right...

yMcy56:
UBA don vex for market o
The kind fund that entered within few minutes!
N3.4bn staked .so far...

SEPLAT: Lots of activities too...
Moved with +10% !
Now @5,738.20!!!

OandO. +3.77%
ETERNA. +1.12%
ARADEL. ±

#sigh

Full bid

KarlTom:
Seems CHAMPION has turned the corner...

OandO

ARADEL BM

https://doclib.ngxgroup.com/Financial_NewsDocs/Aradel_Holdings_Plc_-_Notification_of_Q3_2024_Board_Meeting.pdf

The release of Q3 result might change the narrative...

Willie2015:
We will meet it at ...
below N500...
NGX and NASD no be mate..

Try another line.

Inflation directly impact the stock market...

Akpaamunsi:
Stop derailing this thread. Take this to the appropriate section

That's what they said.
Let's hope they do not shift goalpost again...

TsarZed:
Any update on this

Ding!

A very probable option...

faoogoke:
I think the problem is with the national grid. What we need are mini grads not a national grid.

Proposed solution:

1. Issue licenses for the full electricity spectrum - Generate, Transmit and Distribute.
2. OR Issue a single license to energy companies for Transmission and Distribution.

That's one sure way to ensure reliability of the Network...

KarlTom:
Let me also add this.

The electricity infrastructure in Nigeria is well outdated. It's radial in structure and lacks redundancy.
It's capacity is below what we can generate and very susceptible to failures...

Nameplate capacity is around 13GW
Operational capacity is around 6GW (<50%)

Transmission (wheeling) capacity is circa 8.1GW.

This is where the real problem lies...

Let me also add this.

The electricity infrastructure in Nigeria is well outdated. It's radial in structure and lacks redundancy.
It's capacity is below what we can generate and very susceptible to failures...

Nameplate capacity is around 13GW
Operational capacity is around 6GW (<50%)

Transmission (wheeling) capacity is circa 8.1GW.

This is where the real problem lies...

How so?
The have controlling interest. They do not own it.
It's a straight dividing line...

For instance, if we wake up to hear that First Bank bought controlling interest in GEREGU. Does that make First Bank a GenCo? 🤔

freeman67:
Something does not seat right with the bolded.

At the bolded:
DisCo = DIStribution COmpany
GenCo = GENeration COmpany

GEREGU and TRANSPOWER are purely Generation. The latter holds 60% stake in AEDC (this doesn't make them a GenCo).

EEDC is a DisCo

There are three parties: GenCo, TCN, DisCo

zendi:
Transpower, Geregu, EEDC (Enugu) and others are popularly called Discos wich is short for Distribution Companies. But I don't know if any of the Discos combines two or the whole operations of Generation, Transmission and Distribution.

As for part 2 of your remark, until that one starts happening. But I believe the huge shortage of power supply as you said will accommodate the competition.

megawealth01:
Who's this TPAIN, is it the singer guy?

Last time I checked, FOI bill is still in place.
Everyone has a right to air their opinion. Same way the Constitution grants everyone the right to live AND let live.

However, doing this the right way [in the right place] is VERY important.

Every mallam to his kettle...

Oh! AGM notice is already out

sky2891:
AGM coming up possibly on 14th November 2024.
Dividend Payment possibly on 15th November 2024.
Resolutions about Recapitalisation and Name change from FBNHoldings to First HoldCo

https://doclib.ngxgroup.com/Financial_NewsDocs/42355_FBN_HOLDINGS_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_OCTOBER_2024.pdf

Technically yes. Although the wins could be dashed by an unfavourable outcome in court on Monday 21 October, 2024

I love the timeline of the 'events'
Court rules: 21 October, 2024
GMD assumes office "... effective November 13, 2024"

I can bet my last cent that the AGM notice has been typed and signed and will be released on 21 or 22 October (to meet the minimum notice period of 21days).

I salute Ote💰

megawealth01:
Otedola seems to be winning ooooo... Congratulations to my direct boss while I was in the service of FBN

And another one

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/101824-chevron-nnpc-make-niger-delta-oil-find

KarlTom:
Another asset for NNPCL.

https://punchng.com/nigeria-to-boost-oil-production-with-fpso-project-lokpobiri/

You should understand the feeling that comes with gaining up to 800% from a single stock in a couple of months...

nosa2:
This fixation on Oando is very interesting.

Are you guys here to make money or to tell stories