₦airaland Forum

Makes it easier for her to make financial demands because na she be CFO

Zagee:
This una marriage they sweet oo. Oga dey find steady inflow, you dey manage portfolio. See combo!!
Intentional couple. Nice one!

I wish both of you early retirement from active work!

That is the second major suit FIRSTHOLDCO has ongoing (after the Oba suit)...

DonDiego:
What is really going on at FirstHoldco and between Otedola and Thisday's Nduka Obaigbena? From the look of things, it seems some people are clearly above the law as the regulatory agencies of CBN, SEC and NGX can't seem to even enforce their own rules.

In the end, it is the small fry investors like some of us that bear the brunt of any negative fallouts on the possible poor performance of the company and the attendant dip in the value of its shares.


https://www.thisdaylive.com/2025/07/22/thisday-arise-media-group-responds-to-harassment-and-attack-on-free-speech-press-freedom-by-firstholdco-plc/

I think taking it back to 31 is not favorable to the Trustees.

It has to gain considerably (real or cosmetic) within the next 2weeks

GeeKudi:
I think FirstBank is on a delibarate downward journey to N31, the exit price used for Otudeko.

This is very conservative...

emmanuelewumi:
I am expecting Q2 EPS of N50 and H1 EPS of N97.

Full year EPS of N195 to N200

Ding

Thank you

emmanuelewumi:
They have cleared their debts running to hundreds of billions of Naira.


Former finance costs are now coming to shareholders and the company


They also increased the price of their products by up to 50%

The National Bureau of Statistics (NBS) Monday released the much-awaited rebased Gross Domestic Product (GDP).

Nigeria’s GDP Grew by 3.13% in Q1

Massive reduction in Finance costs.
Over ₦12.7bn paid as bank charges in H1 '24 😬

KarlTom:
Looking at the year on year results, I find myself wondering (and asking) what really changed?

Is this improvement a result of the Chinese bid or something else

Looking at the year on year results, I find myself wondering (and asking) what really changed?

Is this improvement a result of the Chinese bid or something else

Mpeace:
Wapco result don show
LAFARGE AFRICA PLC.- QUARTER 2 - FINANCIAL STATEMENT FOR 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/44553_LAFARGE_AFRICA_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

UPDATED

KarlTom:
BM/AGM DATES

11-Jul
BM (GEREGU, LIVINGTRUST)
18-Jul
BM (LASACO)
21-Jul
AGM (BUACEMENT)
BM (LAFARGE)
22-Jul
BM (ABBEY, BERGER, DANGSUGAR, RONCHESS,TIP)
23-Jul
BM (GUINNESS,)
24-Jul
AGM (CHAMS, ETERNA)
EGM (CHAMPION)
BM (CHAMPION, IB, TRANSCOHOTEL, UNILEVER, ZENITH)
25-Jul
BM (BUACEMENT, DANGCEMENT, ETI, MEYER, NEIMETH, SEPLAT, TRANSPOWER, VITAFOAM)
EGM (ELLAHLAKES)
28-Jul
BM (CAVERTON, CUSTODIAN, ETERNA, FCMB, HMCALL, JAIZ, M&B, NESTLE, OMATEK, TRANSCORP)
29-Jul
BM (CADBURY, CORONATION, HONEYWELL, MBENEFIT, MECURE, MTN, NASCON, NB, NEM, NPF, SUNU, STERLING)
30-Jul
BM (ACCESSHOLDCO, BUAFOODS, FIRSTHOLDCO, MANSARD, MCNICHOLS, MRS)
AGM (MCNICHOLS)
31-Jul
AGM (LINKASSURE,)
BM (GTCO, VERITAS)
7-Aug
AGM (MBENEFIT)
BM (FIDELITY)
11-Aug
AGM (OANDO - 10:00hrs)
EGM (OANDO - 14:00hrs)
13-Aug
AGM (CORONATION)
19-Aug
AGM (PRESCO)

emmanuelewumi:
I don't buy any stock that involves praying, fasting and going to the mountains.

Any stock that give me High Blood pressure whenever, Street investor cast the stock, I no dey buy.

ARADEL. ±
CONOIL. ±
ETERNA. -0.59%
OandO. -0.99%

There are better ways to express yourself...

Toluway:
Haba! How many people would be quoting this Bagwa long essay, and for how many times?
Disgusting.

That someone is currently on indefinite leave...

Coolcash1:
I need someone to crash this guy for me. Target entry price is N650

$300million is roughly equivalent to ₦500billion.

Reason I said Res 3.1 & 3.2 are Siamese...

Mpeace:
At that price they should be adding up to 20 billion new shares to their OS considering the $300million conversion to equity.

PRESCO

Resolutions 3.1 and 3.2 are Siamese...

OandO wants to reduce debt/liabilities by converting up to US$300 million RBL debt into equity.

Bagwa:
Summary of Oando PLC’s 46th Annual General Meeting Notice (August 11, 2025):

Date & Format:

Scheduled for Monday, August 11, 2025, at 10:00 am.

To be held virtually via https://www.oandoplc.com/meetings.

Ordinary Business:
Presentation of 2024 audited financial statements and related reports.

Re-appointment of BDO Professional Services as external auditors for 2026.

Re-election of three directors:

Mrs. Nana Fatima Mede, OON

Mrs. Ronke Sokefun

Dr. Ainojie Irune

Election of new directors:

Mr. Cosmas Iwueze (from December 16, 2024)

Ms. Ayotola Jagun (from May 20, 2025)

Election of members to the Statutory Audit Committee.

Disclosure of management remuneration.

Special Business:
Directors’ Remuneration:

Approval of Non-Executive Directors’ pay.

Related Party Transactions Mandate:

Authorization for the company to transact with related parties under standard commercial terms.

Capital Raise and Restructuring:

Authorization to raise up to ₦500 billion (or foreign equivalent) via shares, debt, or other instruments.

Conversion of up to US$300 million RBL debt into equity.

Establishment of a US$1.5 billion multi-instrument issuance programme.

Acceptance of oversubscription funds.

Board empowered to execute necessary agreements for the above.

Share Capital Adjustment:

Approval to increase share capital as required for fundraising.

Authorization to cancel unallotted shares if necessary.

Company Constitution Amendment:

Update Memorandum and Articles of Association to reflect new issued share capital post-capital raise.

Administrative Notes:
Accreditation starts August 8, 2025.

Shareholders can appoint proxies (except related parties, who must abstain from voting on related resolutions).

Closure of members' register: July 28–30, 2025.

Audit Committee nominations must be submitted at least 21 days before the AGM.

Shareholders can submit questions in advance.

2024 Annual Report is available online.

Information on unclaimed dividends and director profiles available via company’s website.

Ding

The possibilities are numerous.
However, I don't think FOte$ will want to go for those extra just directly (even if they are made available to him).
He will likely use the upcoming RI to accumulate as much as possible thereby increasing his stake. That's one reason the SPV won't be holding it for long...

NB: RCI/Stanbic also holds about 22% of GTCO shares for Institutional investors.

Mpeace:
It seems those first bank shares might end up in Ote$ hand. It's said to be with FG's trustee and a decision will be made in 2-3weeks as to where it will end up.

It is value-weighted.
A company like DANGCEM (having high market capitalization) will sway the index easily...

When you're big, you're BIG

Streetinvestor2:
How do dey even do the calculations for the ASI.
I think wayo dey the thing. How can few positive movement in big stock be dragging it up any how

Another confirmation that NGX stakeholders (and possibly cowboys) are regulars on NSEMPA...

Amaa2019:
Hi guys, thanks for all the recommendations.

Atlass portfolio has reached out and assured me that they’re in the process of simplifying account funding process. Hopefully next month they will roll out the simplified process.

I also appreciate Isioma, who saw my earlier post and took it upon herself to reach out and ensure my account was funded immediately. She truly showed concern and helped resolve my issue, as well provided clarity on ways to ensure subsequent fundings are not delayed.

I hope other brokers here will emulate her in resolving customers complaints.

Street

The EGM should clear your doubts

Streetinvestor2:
Abeg make they fear God.They should bring pictures and video evidence oh

I hope this is logical criticism

The status of the mill, the palm trees and the capital raise will definitely dominate discussions/questions.

Those disclosures should determine the speed it will take...

SonofElElyonRet:
Very much doubt it..

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. ±

Hmmm.

I strongly believe that the bruhaha about ELLAH will be put to rest on Friday (after the EGM).

Let's exercise a little patience till then...

Okay. I remain optimistic...

mikeapollo:
How would you burst my bubble when the items you listed are steps being taken to improve the fortunes and balance sheet of the company?
If you (as MD) had a deferred/unearned income of N1.5b, you would do everything to move it from liability to earned income by expediting delivery of the required goods/services. The obligation to perform is usually within a year so th valu will gradually transit from liability to sales in the coming months.

I agree

Mpeace:
Nascon might do 150 soon

False

Xidget:
I thought you sold at 82 yesterday?

✌🏽

SonofElElyonRet:
No vex if I sounded harsh but you misunderstood my post

Ding