₦airaland Forum

I reckon we still have about 4weeks till we start seeing H1 UFS.
Likely second week in July...

Many factors are influencing the market behavior

Sunrisepebble:
Awaiting H1 .

Why are y'all waiting for ARADEL to come down ...

bastardson:
Guyz is NB good at this price?

I have some units already that I bought at very cheap. Thinking of expanding while waiting for ARADEL to come down so I can add more

` Ding!

Ding `

On the issue of SOL and Forbearance Loans, I want to believe that CBN should have reached out to the banks before going public.

There are many grey areas but I'm optimistic that the banks will navigate safely...

I said I was waiting for it at ₦150 and someone was doubting...

Mpeace:
Meanwhile Conoil result don show. 2023 was better than 2024

I advice that the dematerialization be done immediately.

Brokers charge about 0.5% of the value (or a flat fee of up to ₦10,000) so the process might not cost much considering the current SP...

Also you never can tell there might be an opportunity to sell and the brokers start with their frustrating delays

EDUECO:
From the statement 'issuing houses',I think what you have is a share certificate. The stock price is currently 60 Kobo. For the now, don't bother to dematerialize it .If it appreciates in price in the future,you can then dematerialize and sell it.

It is good you have started your investment journey with BUA Foods. BUA is a good profit making and a dividend paying company.

Possibly a result of the threats of Iran about mining/blocking the Strait of Hormuz AND the show of military might by US.

US Defence Sec, Pete Hegseth, said on Monday night that he had “directed the deployment of additional capabilities” to US Central Command in the Middle East, an exercise he said was “to enhance our defensive posture in the region”

Presently USS Nimitz joins the USS Carl Vinson carrier, which is already operating relatively close to Iran, around the Arabian Sea (that's two carrier strike groups) as well as at least 11 warships all operating near the Persian Gulf and Eastern Mediterranean and Arabia Sea axis.

This confluence of war machinery is very unusual for someone 'not involved' in the war

Mpeace:
.
It's having similar price appreciation in the London Stock exchange.
Is there something on the way that we do not know yet?

Never said I had an issue with the sales...

Calebbold:
Wahala...😁😁

Well, if you think you ain't comfortable with the major shareholders selling their indirect shares, you can offload your shares as well. I have no insider information on why they are selling.
However, people sell their shares for different reasons and there is over 50% increase in the price of the stock from the beginning of this year.

I bought Caverton shares based on their q1 2025 result and I look forward to their q2 result to reevaluate my decision.

BearBullMarket
DesignKing
Bovali
AwesomeJ

Trust you're good

Gained 485.60 `

Mpeace:
Seplat officially 5,450.
Up by N472.90

ARADEL. +7.36%
CONOIL. ±
ETERNA. -10.00%
OandO. +4.72%

MOLAR VESSELS
Held 245,363,954 shares (9.95%) in Caverton at 31 Dec 2024
As at 18 June 2025, they have sold 19,490,048 units (0.8%) leaving them with 225,873,906 units (9.15%)

I recall someone saying it's peanuts.
Okay naa...

As at today, it's still T+3

If you sell today, you'll be able to withdraw on Monday

edwardaigb:
Help a brother please.
still asking duration for withdrawal, I don't know if the new withdrawal have taken effect

I smile at the bolded

Actually I just did a little research into Wilmar. Mehn. They are big... PRESCO, OKOMU class.

Sadly the JV (PZ Wilmar) did not directly benefit PZ Cussons Nigeria.

One can only hope that the PZ UK will channel the funds from the divestment to clearing the debt of PZ Cussons Nigeria

Streetinvestor2:
You could be right. They could be supplying them pork meat ...lol

Seems the impact of the Israel-Iran war is beginning to show...

yMcy56:
OANDO is back up today.....
With 9.6M bids Vs. 1.3m offers.... 😊
Currently at above 60 intraday and @60 officially.....

Aradel officially @536.80......up with +36.80

Seplat also showing green ..

The upstream oil sector is looking up....

MTNN @350 officially..... Up with +N16..

"Wilmar also disclosed plans to seek a strong local partner to support its Nigerian operations post-acquisition, despite now holding full ownership..."

Can ELLAH take the bait

Yoursfaithful:
https://punchng.com/pz-cussons-exits-nigerian-palm-oil-business-sells-pz-wilmar-in-70m-deal/

`

ojeysky:
People just dey bash ellahlakes anyhow, let it sha come down to sub 3 make I reload the 35% I earlier offloaded

Ding !!!

Dangote makes scale look like child’s play; Man just dropped $250 million on 4,000 CNG trucks like he was shopping for snacks. To put it in perspective, the combined fleet of Nigeria’s top seven downstream players doesn’t even come close. The guy’s playing chess, major moves.

@otunbadeltoro, X

BREAKING: Dangote’s 4,000 CNG trucks arrive in Nigeria as company plans 100 refueling stations pic.twitter.com/UBLeeNtlIH

— ireporteronline (@iReporteronline) June 17, 2025

Personally I considered the 1 for 12 bonus to be synonymous to a dividend.

Overall, the total distribution comes to 1 for 2 held over 36months.

However, what is the sense in qualifying in Feb 2025 and receiving allocation in December 2027.
Aside the fact that the holder is disenfranchised by missing out on other QD...

megawealth01:
Distribution might not have date but qualifications have date... People don't mind when they will distribute it provided they qualify

"All shares that are caused to be distributed pursuant to the said AGM resolution shall be distributed within a period of 36 months commencing 30th January 2025..."

To all OandO unit holders, the above statement literally means that there is NO defined date for the allocation of Phase 1 (Tranche 1).

The Cowboy Games...

You sound very confident like you have insider info.

Please inform OJT to activate the release clause for the Q1 '25 results

Thank you

PS: the bolded is a cunning idea of OandO (nothing is straight with them)

opaclem:
[/b]

Tranche 2 ration is 1:12 just like Tranche 1. However, the share distribution is not very direct. There won't be share allocation to any pf the extra get from allocation.

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -9.97%

It's a sorry situation we find ourselves.
The impunity is astronomical...

Streetinvestor2:
Wale bring out oando q1 results now.
No be your papa get sec.
Abeg punishment no dey for delay of quarterly results abi na for only audited results

Dear Valued Investor,



We wish to inform you that an additional 6,659,927,623 ordinary shares of 50 Kobo each belonging to Sterling Financial Holdings Company Plc were listed on the Daily Official List of the Nigerian Exchange Limited (NGX) today, Tuesday, 17 June 2025.



These shares were issued under the Company’s Rights Issue of 7,197,604,531 ordinary shares at ₦4.00 per share, offered on the basis of 1 new share for every 4 held as of 6 August 2024.



As a result of this listing, the Company’s total issued, and fully paid-up shares have increased from 45,457,084,791 to 52,117,012,414 ordinary shares of 50 Kobo each.

Was the effect even tangible?

It was clearly a desperate effort...

DeRuggedProff:
Anoda conversation is needed by the management. The effect of this one is over..

`

Makanjuola89:
How did Ella ojukan go from full bid to full offer

Ding `

16 Jun 2025
[XNSA]>> CHAMS HOLDING COMPANY PLC: PROPOSED RIGHTS ISSUE

NGXREG/IRD/MB43/25/06/16

Chams Holding Company Plc: Proposed Rights Issue Trading License Holders are hereby notified that Chams Holding Company Plc (the Company) has through its Stockbrokers, Tiddo Securities Limited, Cowry Securities Limited, APT Securities and Fund Limited, Lambeth Capital Limited, and CSL Stockbroker Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of Two Billion, Three Hundred and Forty-Eight Million and Thirty Thousand (2,348,030,000) ordinary shares of 50 Kobo each at N1.70 per share on the basis of one (1) new ordinary share for every two (2) ordinary shares held as at the close of business on Monday, 16 June 2025. The Qualification Date for the Rights Issue is today, 16 June 2025. This is for your information please.

Godstime Iwenekhai
Head, Issuer Regulation Department

Very important! `

wanaj0:
If you are trader then Ellah Lakes will be good for you. Sentimental Analysis favours them.

For a long term investor, they are damn too small! Better stay with the market leader.

Happy investing

ARADEL. ±
CONOIL. -2.93%
ETERNA. ±
OandO. -6.23%