₦airaland Forum

awesomeJ:
200m units FCMB crossed in 6 deals(Cordros)

335m units ZENITHBANK crossed in one deep pocket deal (EFG)

jonnysessy:
I stand by what i said and i even went ahead and explained myself. You can never predict this market accurately. Your chart, graphs, fundamental analysis. technical analysis, sentiments etc are taking you to a direction while the market is taking you to an opposite direction.

emmanuelewumi:
Was there any case of insanity?

jonnysessy:
Nobody knows anything. There is no foolproof in stock market. You may see a beautiful stock with sound fundamental losing the maximum 10%. Then you see another so-called junk stock appreciating by maximum 10%. ...

ekkywolex:
Please how do I buy Jaiz on Morgan Capita? Buy and Sell Button is not active for Non Interest Board.

Mfunkynation:
I am also in this boat!
But trading is occurring on the stock!
Don't understand it anymore

awesomeJ:
I decided against making it public.

It's been quite helpful though, especially now that I'm approaching N1bn in quarterly volume. (currently at N810m)

I guess I'd be like top 30 brokers if I got a license.

gabscity:
Yes. They started from the HNIs.

ElectronicMoney:
I need advise on how best to approach this problem.

In June 2007 I made a deposit of N100K to a stockbroking firm for the purchase of shares of Wema Bank.

After the shares were purchased they gave me my CSCS number and the CHN and I had no further contact with the stockbroking firm; this was partly because the market was not doing so well and the price of shares had crashed.

In 2015 or thereabouts I went to the office of the stockbroking firm and learnt that they had moved to another address.

Now early this month when I heard that shares had started going up in price I searched for the company online and was able to get their new address and their phone numbers.

I put a call to them and asked for a copy of my CSCS statement which was sent to me.

When I examined it I was shocked to see that the number of Wema Bank shares was just 1,700 approximately when in actual fact it should be above 20,000.

Let me state categorically that I have never given instruction to sell either verbally or in writing!

Even if there was capital reconstruction by Wema Bank between 2007 and 2025 there is no way shares of N100K which were purchased in 2007 would have reduced to just 1,700.

I need advise on how best to approach this matter because I am very sure that something does not add up.

NettyNelly:
Please can you kindly share a direct link to subscribe to this CSCS online

vibesdot001:
UCAP has landed!

otomatic:
I find the figure instructive. 419 billion...

Owoblowblow:
Please, does anyone know if the recent 1 to 1 bonus declared by Afriprud has been allocated to share holders? Thank you

handsomebolanle:
Access Bank volume no Dey finish

kintus:
Key Highlights from Q1 2025

Gross Premium Written (GPW): ₦5.55bn (↑ 11% YoY from ₦5.0bn in Q1 2024)
Profit Before Tax (PBT): ₦776m (↑ 31% YoY from ₦594m)
Profit After Tax (PAT): ₦647m (↑ 31% YoY from ₦494m)
Earnings Per Share (EPS): ₦0.05 (vs ₦0.04 in Q1 2024)
Investment Income: ₦709m (↑ 33% YoY from ₦534m)
Shareholders’ Fund: ₦22.7bn (↑ 5% YoY)
Total Assets: ₦32.6bn (↑ 6% YoY)

Investor Interpretation

1. Profitability Strengthening:
Both underwriting and investment income improved, showing resilience in a tough operating environment. The 31% profit growth is a strong signal for investor confidence.

2. Earnings Quality:
A large portion of growth came from investment income (+33%), not just core insurance underwriting. While this boosts results, it also exposes the company to capital market risks.

3. EPS Growth:
EPS of ₦0.05 in Q1 indicates potential to deliver ₦0.20 full-year EPS, assuming momentum continues. At a modest P/E ratio, the stock looks undervalued compared to peers.

4. Balance Sheet Stability:
With ₦22.7bn in shareholders’ funds and steady asset growth, Prestige remains financially sound. Solvency ratios appear healthy.

5. Market Sentiment Factor:
The insurance sector on NGX is experiencing mixed investor sentiment—AIICO, Cornerstone, Lasaco are more actively traded, while Prestige trades thin volumes. This could limit short-term momentum unless driven by earnings releases or sectoral news.[/b]

Pesuzok:
But Oando wasn't operating the assets, they had to rely on agip, of which might not be managing it efficiently. Now Oando is in full control, let's see what they can make out of it.

BabsO2:
Each year, Oando usually anchors the Chairman’s statement and front-page message around a theme phrase (e.g., in 2018 it was “Unrelenting Drive”, in 2020 it was “Resilience through the Storm”).

Current theme should be share distribution is here

And the next one “Enjoy turnaround cash dividends”