₦airaland Forum

Welcome, Guest: Register • Login • With Google • Trending • Recent • New

Stats: 3,344,624 members, 8,512,817 topics. Date: Wednesday, 04 November 2026 at 04:13 AM

Toggle theme

KarlTom's Posts

Nairaland Forum › KarlTom's Profile › KarlTom's Posts

1 2 3 4 5 6 7 8 ... 169 170 171 172 173 174 175 176 177 (of 191 pages)

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:08am On May 06, 2024
wink grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 7:34am On May 06, 2024
grin grin

SAK:
abeg softly,softly , please don't fight.We are here for serious business of investment.Receive grace to fight no more Ijmn.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 7:57pm On May 05, 2024
Someone said "the future is now"... wink
Bizibi:
that bank will be big in the future .
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:16pm On May 04, 2024
They own 60% not all of it... wink

Mpeace:
Transcorp already owns abuja disco
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:01am On May 04, 2024
NERC unbundles TCN, orders registration of Independent System Operator

The Nigerian Electricity Regulatory Commission, NERC, has ordered the Bureau of Public Enterprises, BPE, to within 30 days register the Independent System Operator as a distinct entity from the Transmission Company of Nigeria, with the Corporate Affairs Commission.

The Nigerian Independent System Operator Limited will be responsible for managing the national grid and other system operations related market contracts and transactions.

TCN as a successor company of the defunct Power Holding Company of Nigeria, PHCN, was issued with two licenses by NERC as a Transmission Service Provider and Independent System Operator.

But NERC in the order signed by its Chairman, Engr. Sanusi Garba and Vice Chairman, Musiliu Oseni, ordered the Transmission Company of Nigeria, TCN, to transfer all system and market operations related assets, contracts and staff to the new entity.

The order formally unbundles the TCN into Transmission Service Provider, TSP and Independent System Operator, as prescribed in the Electricity Act 2023.

The Commission’s action is seen as a reaction to the frequent national grid collapses that have seen four nationwide blackouts this year.

The Commission ordered BPE to “incorporate, no later than 31 May 2024, a private company limited by shares under the Companies and Allied Matters Act to carry out the market and system operation functions stipulated in the EA and the terms and conditions of the system operation licence issued to TCN.

“The name of the company shall, subject to availability at Corporate Affairs Commission, be the Nigerian Independent System Operator of Nigeria Limited (“NISO”). ii. The object clause of the Memorandum of Association of the NISO as provided in section 1 6(2) of EA shall be as follows a. to hold and manage all assets and liabilities pertaining to market and system operation on behalf of market participants and consumer groups or such stakeholders as the Commission may specify; b. to carry out all market and system operation-related contractual rights and obligations novated to it by the Transmission Company of Nigeria; “c. to negotiate and enter into contract for the procurement of ancillary services with independent power producers, successor generation licensees, etc and generally carryout market and system operations functions as specified under the EA and the terms of its license in the interest of market participants and system users; d. to carry out all market and system operation-related contractual rights and obligations novated to it by the Transmission Company of Nigeria; the income and property transferred to it by the TCN or whensoever derived shall be applied solely towards the promotion of its objects as set forth in its incorporation documents and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, or bonus otherwise howsoever, by way of profit to the subscribers: provided that nothing herein contained shall prevent the payment in good faith of remuneration to any contractor or staff of the company in return for any services rendered to the Company”.

The Commission said the NISO’s initial subscribers shall be the Bureau of Public Enterprises and Ministry of Finance Incorporated (MOFI) while the final shareholding structure of NISO shall be determined after further consultations with government, market participants and industry stakeholders.

Source:
https://www.vanguardngr.com/2024/05/nerc-unbundles-tcn-orders-registration-of-independent-system-operator/
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:04am On May 03, 2024
Ding! angry grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:48pm On May 02, 2024
FCMB wink

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:13am On May 02, 2024
shocked shocked

crownprince2017:
I hope prophet will be able to prophesize on this platform again.

Is sugar still going to 20.
grin grin grin

Fake and emotional prophet..

Time in the market is more important than timing the market.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:55am On May 02, 2024
We can move, cos we're not trapped.
Glory be to thee oh Christ... grin grin

Zagee:
Some are trapped, but they can move. Some can't move, but they are trapped.

grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:16am On May 02, 2024
It is stated: private placement is different from RI wink
KayOn1:
Wait o, abeg has JAIZ Bank completed the RI @ N1 shareholders' were waiting for abi I no come dey understand English?
So the RI turned out to be "Some of our shareholders" and was not opened to all shareholders. It is well. Trust Nigerian CEOs at your own risk.

"Musa signed the agreement on behalf of Jaiz Bank on the closing day of a series of events celebrating the golden jubilee of IsDB.
:
:
We only have a gap of N1.3 billion to meet up with N20 billion capitalisation, and I am sure you can remember that three months ago, we concluded a private placement by some of our shareholders, injecting additional N10.4 billion to meet up with our capitalisation requirement"

The Spirit behind money is really something else.

https://www.premiumtimesng.com/news/top-news/690306-jaiz-bank-secures-20-million-equity-investment-from-saudi-arabias-icd.html
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:01am On May 02, 2024
Ding! grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:58pm On Apr 30, 2024
DANGSUGAR AGM. Today (30 April, 2024).
NASCON AGM. 23 May, 2024

Reviewed Scheme for Merger after subsequent BMs...

How low the price of DANGSUGAR will drop remains to be seen... sad
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:51pm On Apr 30, 2024
...

Locotrader:
Can you pls post Dangote sugar Q1 result

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:49pm On Apr 30, 2024
wink
ndept:
Yes, I suspected he saw it this morning on ogas table when he went to carry the NGX opening bell grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:49pm On Apr 30, 2024
Now you see that NASCON did perform 'well' wink

Mpeace:
Nascon did not perform well either.
This regime and their economic team ehhh. Their emphasis is on raising government revenue while companies and the masses suffer.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:54pm On Apr 30, 2024
... grin grin

ositadima1:
Sorry o, na one person them been dey call KarlTom talk am. I don do enough tik tok for today, I need to rest . grin grin cheesy
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:32am On Apr 30, 2024
DANGSUGAR Q1 loss is shocked shocked

Seems to be the reason for the sudden movement...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:51am On Apr 30, 2024
How may current holders bought at N18?

It should be evident enough that the statement is not directed at everyone... wink

ositadima1:
From 18 to 84 and then to 39 in less than one year, don't distort information with half-truths. tongue
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:17am On Apr 30, 2024
From 84 to 39.

Stay strong all DANGSUGAR faithfuls sad

Streetinvestor2:
Way the people way wan sell thr sugar....bid don dey now.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Apr 30, 2024
Ding! wink grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:41am On Apr 30, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:34am On Apr 30, 2024
grin grin

iHaveMadeiT2:
At least you have shifted from N1. That's a 500% shift
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:34pm On Apr 29, 2024
grin grin

Utalinmou:
Please why is Transpower still stagnant

Any ideas?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Apr 29, 2024
Ding! grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:48am On Apr 27, 2024
Definitely! wink

Frangel:
Nestle Nigeria Plc
The policy to revalue it's PPE up by ~N217bn would give a positive shareholder's fund of ~N139bn, even with a retained loss of N79bn, based on the 2023 AFS.

Nestle had healthy gross profit growth of 39% and operating profit growth of 42% in 2023. Would its Q1 2024 results continue in that trajectory? The challenge is with it's finance costs (fx revaluation loss). How it will handle it's financing after the EGM of May 22, 2024 would go a long way to reflect in its perceived value.

Would Nestle return to profit and be able to pay dividends again from 2024YE? It really needs it.

AccessCorp
Seems planning to do a rights issue of 1 for 2 at a price ~N20.50. When and details remain to be disclosed.

PS: All info contained in notices on NGX disclosure portal.

*I have shares in AccessCorp.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:45am On Apr 27, 2024
... grin grin
BullBearMkt:
@222Martins, I hope this is still you at the bolded!!!
grin grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:09pm On Apr 26, 2024
In summary, Every mallam to his kettle...

✌🏾😎
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:08pm On Apr 26, 2024
sad

Actually what will you do with her league?
Frankly, you seem to be portraying the bolded and I don't think it's good for you...

Do you know the number of people following this thread who are literally worth billions? Have you seen any of them throw a challenge?

Is all this aimed at boosting your ego or you just want to rub your 'level' in our faces (not like we care)...

I'm asking all these our of curiosity though I don't expect any response...

222Martins:
My challenge to you stands..... I still want to know that your league you were bragging about... Screenshot your holdings in NS/DS, let us know how many units you hold that is making you wail like a bushbaby all over the place. I will also screenshot my holdings in this same ChamBrewery that you want to strangle yourself for..........If you can't take up the challenge, then you are simply an empty vessel that makes the most noise .
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:52pm On Apr 26, 2024
grin grin

Adinije:
Liquidity dey, na you no wan buy undecided

With over 45m units available, u still dey find liquidity. Na 100m units u wan buy?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:20am On Apr 26, 2024
grin grin

KayOn1:
Walahi, nothing like knowledge & experience in this life.
I am sure some people just held onto their loot from January and patiently waited till now to strike. We learn everyday.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:16am On Apr 26, 2024
I will pray for you that you will not be in years... wink

222Martins:
I guess something must be cooking now............. I am in tears grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:15am On Apr 26, 2024
Calma. I'm buttressing your point.

The hypothetical does not mean we should infer anything. We play by the books and the Q1 2024 shows Raysun. If Q2 2024 shows someone else, we'll take it... grin

222Martins:
I showed you what was written in a company's AFS, i did not add, subtract, pray, hope for something cooking or bursted into tears.. In business and investing, nothing beats a financial statement. It is an X-RAY into a business, not street gossip or street research.........You get the strap??

1 2 3 4 5 6 7 8 ... 169 170 171 172 173 174 175 176 177 (of 191 pages)