₦airaland Forum

Kreos44:
Nooo, for sontin that is going to N100? Mba oh

Oando will reverse at 9.65 tomorrow and close on full bid. Its not a recommendation for you to buy.

Something is cooking in fidelity bank, some person has seen the result

yMcy56:
UNILEVER
Exited loss position.....
Back to profitability and dividend payment........just like PZ.
Proposed Dividend : 0.50k.......
A good one in my opinion....
Yet to communicate the issue of "Unissued Shares"
https://doclib.ngxgroup.com/Financial_NewsDocs/35601_UNILEVER_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR.pdf

WEMA BANK
Final Dividend: 0.24k
(Equivalent of 0.08k before reconstruction.......indicating 100% increase in Div payout)
Qualification Date: 27 April, 2022
Payment Date: May 10, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35583_WEMA_BANK_PLC%20CORPORATE_ANNOUNCEMENT_CORPORATE_ACTION.pdf

Pls read note 18 carefully, PZ made 5.6billion from sales of fixed asset. They have been selling their assets for sometime now and that is what is responsible for the profit.

https://doclib.ngxgroup.com/Financial_NewsDocs/35559_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20_AUDITED_FINANCIAL.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35558_CHAMS_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35557_FIDELITY_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_202.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35556__UPDC_REAL_ESTATE_INVESTMENT_TRUST%20_AUDITED_FINANCIAL_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35554_ETERNA_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35551_BERGER_PAINTS_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35552_TOTALENERGIES_MARKETING_NIGERIA_PLC%20_AUDITED_FINANCIAL.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35549_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC%20_AUDITED_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35547_INDUSTRIAL__MEDICAL_GASES_NIGERIA_PLC%20_AUDITED_FINANCI.pdf

locodemy:
Nsempa disliked stocks shaking ground.

Academy
Living Trust
RT Briscoe
Scoa plc.
More upside is expected.some never even grind beans self.

Well, I am here because of one particular stock.I am pointing it now because the price is yet to move .This stock is currently trading at #3 and will Soon begin to rally.The destination is #10.

This stock is a tech stock and currently selling at #3.It has JUST 108m outstanding shares and a market cap of 320m.Free float shares available for trading is just 40m shares.The current Eps of this #3 stock is #2.97.No be juju be this?

When we look at the financials, the revenue dropped significantly but the company was able to improve in profit.There is about 300% jump in profit when compare to Jan-Dec 2020.

I will not mention it myself because but anyone who decodes it should keep eyes on it.It is among my top picks for 2022 like the ones mentioned above.

Back to custom street where the doings are happening

The company is NCR. The company made profit because of the long term liability written off of $2million. It was reported as other income in their report. The company has a negative equity of 523 million.

locodemy:
There is one financial stock I bought at 47kobo about 3 days ago.It has no fundamental.Infact some of us (oga oracle)do say the stock is in ICU.I bought the stock based on history.Some weeks back, the stock were sold off massively and it got to 44kobo which prompted me to raise concern here about it but now I am seeing history repeating itself again this January in that stock.some people who knows about the history of stocks are on it now.The stock closed at 54kobo today and might open 2022 on usual full bid according to history.

Unity bank

currentprice:
The stock is "TOTAL"

thatz the one pple have not been mentioning here. The other one is popular and well known to everyone many have it in their portfolio and they are buying it everyday.

Note: many stock are selling at discount on d floor right now and it will still get better if one get d patient. am just sharing those I feel is cheaper in my own opinion.

I mentioned this in October

longlife20:
The bomb in all the reports so far is Total Plc.
Eps q3= N15.67k against N3.06k last yr
YTD eps=N39.43k against N1.47k last yr.
Total might get to N55 to N60 eps at the end of the year. For me, they don't have business in sub N500.
This is not a recommendation to buy.

This was my post in october

The bomb in all the reports so far is Total Plc.
Eps q3= N15.67k against N3.06k last yr
YTD eps=N39.43k against N1.47k last yr.
Total might get to N55 to N60 eps at the end of the year. For me, they don't have business in sub N500.
This is not a recommendation to buy.

Mpeace:
Okomu oil result is the bomb. EPS of 12.16 from 5.24.
This is overwhelming

Presco is better and cheaper
Presco eps q3= N3.65k. Year to date N13.78k from N5.03k, currently selling for N89
Okomu eps q3= N2.17k. Year to date N12.16k from N5.24k, currently selling for N135

http://www.nse.com.ng/Financial_NewsDocs/32440_UNITED_CAPITAL_PLC%20PRESS_RELEASE_CORPORATE_ACTIONS_FEB.pdf

http://www.nse.com.ng/Financial_NewsDocs/32441_UNITED_CAPITAL_PLC%20CORPORATE_ACTION_CORPORATE_ACTIONS_.pdf

longlife20:
From August till date there has been 22 notices of insider dealing in ucap, directors buying more shares. I think something is cooking in that company. My personal opinion.

my post in December 25th

longlife20:
UCAP may likely pay above 60k if you go by the dividend yield of last dividend of 60%.
2020 epsttm 95k
2019 eps 83k

This is my post sometime ago

http://www.nse.com.ng/Financial_NewsDocs/32333_AXA_MANSARD_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEME.pdf

http://www.nse.com.ng/Financial_NewsDocs/32332_U_A_C_N__OF_NIGERIA_PLC%20_QUARTER_4_FINANCIAL_STATEMEN.pdf

http://www.nse.com.ng/Financial_NewsDocs/32331_FIDELITY_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2.pdf

http://www.nse.com.ng/Financial_NewsDocs/32334_JOHN_HOLT_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_20.pdf

http://www.nse.com.ng/Financial_NewsDocs/32330_SOVEREIGN_TRUST_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STA.pdf

http://www.nse.com.ng/Financial_NewsDocs/32275_VITAFOAM_NIG_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR.pdf

Mcy56:
Thanks for you consistency in posting results, I've been looking forward to your posts.... .......pls do not relent.

NPF consistently delivers, any dividend ?

Thanks very much for appreciating me. This is the q4 result. The audited result will state the dividend they are going to pay but i am sure they will maintàin the 20k they paid last year.

http://www.nse.com.ng/Financial_NewsDocs/32249_NPF_MICROFINANCE_BANK_PLC%20_YEAR_END_%20_FINANCIAL_STATEM.pdf

Mcy56:
MANSARD BONUS ISSUE:
Surprised no one mentioned it.
Anyway, the bonus don land o........
cc: @longlife20 @obagadaffi

thanks

locodemy:
Plz let's wait and see Transcorp results in the coming months. I will interested to gamble now because of the news and I will be interested to invest for long term when I see results.

One thing with political stocks is change of government always affect them negatively.

Let's see the bids and supply that follows this news from tomorrow . Above 100m bids signal strength while below 50m bids will not take it far.

264,852,740 bid this morning, thank God i bought some on thursday.

bigjay01:
The O&G assets were bought by HH and not Transcorp! The only link (I believe) is that HH is the major investor in Transcorp.

I stand corrected!

They are in partnership in this deal.

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with
affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s
largest publicly listed conglomerate, announced today the unconditional acquisition of
a 45% participating interest in Nigerian oil licence OML 17 and related assets, through
TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from
the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria
Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of
the asset.

UPDATED] $1.1bn deal: Elumelu’s firm buys Shell, Total, ENI stakes in oil block


https://punchng.com/breaking-shell-sells-stake-in-nigerian-oil-block-for-533m/

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bbc.com/pidgin/tori-55687074&ved=2ahUKEwjRmcjPhaHuAhWM2hQKHXoLAPkQFjABegQIAhAB&usg=AOvVaw0pEvhiE2_eBF7hROtHtr6n

http://www.nse.com.ng/Financial_NewsDocs/32174_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20PRESS_RELEASE.pdf

Localemperor:
B. O. C GASES has hit its 52weeks time high 12.65 and still going up. its was selling below 0.30 in November last year. Why God?? Why?

B.O.C GAS 52wk low is 3.65 and not 0.30 as u claimed.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/32109_VITAFOAM_NIG_PLC%20_QUARTER_5_%20_FINANCIAL_STATEMENT_FOR.pdf

Beautiful result from Vitafam.
EPS N3. 05k
Dividend 70k

yMcy56:
The other handle was banned when I tried to reply @chibuking81

Did some findings too and got to know that Lasaco would be doing share reconstruction of one for every 4 held. No info on this in NSE corporate disclosure.

Unlike Mansard who gave bonus to take care of the reconstruction plan, there's no info on bonus issue or whatever on the part of Lasaco.
If Lasaco should get to 40kobo pre-reconstruction for instance, the post reconstruction price will be 4*40kobo = N1.60.

My concern is: How Mr. Market will handle this kind of price for insurance coy post reconstruction. Think there's need for caution here.

We need to be patient, after the reconstruction, they will come to raise capital for the current recapitalisation. Before they raise capital, the share price would have drop to less than N1 and i think that will be the best time to buy.

megawealth01:
They have gotten to their highs... They will get back to 2+... Bookmark this

it will get to 6 before your 2+

From August till date there has been 22 notices of insider dealing in ucap, directors buying more shares. I think something is cooking in that company. My personal opinion.

Doing some research on Lasaco, i saw this (LASACO Assurance to cancel 5.5b shares). could this be responsible for the upward movement in Lasaco.


https://thenationonlineng.net/lasaco-assurance-to-cancel-5-5b-shares/

@Mcy56, do you have any info on Lasaco.

OBAGADAFFI:
The price hasn't moved by 50%.

The price might drop after bonus distribution .

Chief the price has moved more than 50%.

the mark down price was 64k
it close yesterday at N1.05k
if you do the maths that is 64% (1.05-.64)= .41/.64=64%.

The price will start dropping from 31st December because that when they will distribute the bonus.

PharmAlfred:
Thanks for this. Do you think one can benefit capital gains by buy Mansard now? I am still trying to understand the whole reconstruction process.

it is too late to buy now, the price has moved over 50%. i see the price droping seriously after 31st December.

ADDENDUM TO EXPLANATORY NOTE PROVIDED TO SHAREHOLDERS OF AXA MANSARD
INSURANCE PLC (“AXA MANSARD”) ON MATTERS OF THE CAPITALISATION OF ITS
RESERVES THROUGH A BONUS ISSUANCE OF SHARES AND THE SHARE RECONSTRUCTION

https://drive.google.com/file/d/1GhZN6niuFraQBHuULTS8kAxJ1x8kXU3d/view

longlife20:
The share closed yesterday with N2.20.
so multiple 7 by the closing price 2.20 it will be N15.4.
for every 7 shares you get additional 17shares making 24shares.
when you divide N15.40k by the new alloted shares 24, it will give 64k.
(15.4/24=.64k) this is how they arrived at 64k. this is the first leg of the reconstruction.

if you bought at N2.20, at that price 7 shares worth N15.4.
after the first leg of the reconstruction, you had 24shares at 64k each.
At today prices N1.01, the 24shares worth N24.24.
that is 57.40% gain from N2.20
the second leg of the reconstruction is in the ratio of 4:1, that is 4shares will be merge into 1share.
so divide the 24shares by 4 will give you 6shares.
what will be the price of the share after the second leg, assuming the final price was today price N1.01, it will be 24.24/6 = N4.04.