₦airaland Forum

jideflash:
as at yesterday close

Chai. .... This uncle.... where have you been?

yMcy56:
Ok thanks.
I for say the 2022 fye bonus was marked down.

@Mfunkunation I don't know if it's this one you referred to, but it was distributed.

yes I was referring to it.
Thank..
let me get my CSCS statement to confirm

Mankind2024:
Ikeja Hotels has withdrawn its proposed rights issue and bonus, and is now reporting profitability. The company's liabilities are primarily composed of shareholders' equity and pension obligations.

Thank for this update oooo...
I go removed my mind now from the bonus now...

yMcy56:
This is a good testimony and commendable.
Only say una no dey remember me in all these......no thanksgiving offering, nothing. 😁
Wow! From 1.5 to 11m......that's progressive.

Ikeja Hotels still have more rooms to deliver if the management continues this way.
I wish it can also move like Transcohot someday too.
If it does, make una appreciate me too o. 😊

Good morning dear...
Has Ikeja hotel cancel the first bonus the announced?

Babalegba:
Wxl has picked up my packages again after custom clearance

Same here...
How long does it take to get to the next stage?

ojesymsym:
Yes I saw it, but I non understand the mechanics of why it opened at that price. Is it a normal drop in price? Abeg help explain abeg for those of us that went to night class.

someone did the calculations here... that's how I got the information and jumped out with my capital while my profit ride along which will provide the bonus and interim..
Why I am patiently waiting to re enter

ade205:
Greetings everyone,pls am amateur in NGX stock trading and i need ur advice.I bought Ucap @#40 with intention of selling @#45 before the QD unfortunately am at 23% loss, am thinking of selling at that loss and use the money to enter Oando at cp.If i sell now,will i still get the bonus? since the QD has passed.

Buying ucap @40 to sell higher was a wrong move by you!
You are qualified for the bonus and 0.90k dividend.
Don't sell at Loss ooooo...
In Nigeria, don't buy a stock and go and sleep... monitor it to save your capital...
if there's funds, average down in buying more at cheap price .
Ucap situation might happen to you in Oando oooo....
Stay one place jare

haybhi1:
In case you have questions, I'm on: zero nine one three eight four zero zero eight two zero
If I don't pick, just whatsapp me as I may be in class when you calll in daytime.

Once again, I swear by my life, I have been on this since March and have been running it till today.

if you like you can swear up and down!!!
but e no concern us ...
This is not a crypto group, so look elsewhere

onuku:
Anyone got dividend from The Initiates PLC (TIP) yet?

Yes..
Week's back

KarlTom:
Na wa o. AFRIPRUD still exploring crude oil...

After fake bonus.... what did you expect

MakelemiJnr:
Since on the 27 no other update. Am I still supposed to wait for update. Or this is meant to be picked up at their office? Please any idea

was 27 not Saturday?
Uncle wait....

PubgAvicii:
like I said I only pay if it’s home delivery but if I use go to their office myself, I don’t pay a dime

You failed to see his point!
Registered parcel through speedaf are to be delivered to you without any charge or payment, but if it's "self pickup" you will pay for it to be delivered to you

ositadima1:
Consolidated Metrics Comparison (Dangote Sugar vs BUA Foods), 2023:

Return on Equity (ROE): -93.08% vs 42.78%
Return on Assets (ROA): -12.28% vs 10.47%
Net Profit Margin: -16.71% vs 15.37%
Current Ratio: 0.77 vs 0.91
Quick Ratio: 0.68 vs 0.76
FCFE (in '000 Naira): 94,498,754 vs 216,089,523

Now, let's consider scenarios without forex losses for both companies:

Dangote Sugar's forex loss: 148,328,367 ('000 Naira) (my previous 170 billion was wrong)
Adjusted Net Income: 74,568,059 ('000 Naira)

BUA Foods' forex loss: 81,864,676 ('000 Naira)
Adjusted Net Income: 193,962,173 ('000 Naira)

Adjusted Metrics (without forex losses) - Dangote Sugar vs BUA Foods:

Return on Equity (ROE): 94.10% vs 74.01%
Return on Assets (ROA): 12.41% vs 18.12%
Net Profit Margin: 16.89% vs 26.59%
Current Ratio: 0.77 vs 0.91 (unchanged)
Quick Ratio: 0.68 vs 0.76 (unchanged)
Adjusted FCFE (in '000 Naira): 242,827,121 vs 297,954,199

Analysis of Adjusted Scenarios:

1. Profitability: Without forex losses, both companies show strong profitability. Dangote Sugar's performance improves dramatically, with its ROE even surpassing BUA Foods'. BUA Foods maintains excellent profitability ratios, with a higher ROA and Net Profit Margin.

2. Liquidity: Liquidity ratios remain unchanged as they are not directly affected by the forex losses.

3. FCFE: Both companies show significantly improved FCFE without forex losses. Dangote Sugar's FCFE increases by about 157%, while BUA Foods' FCFE increases by about 38%.

Key Observations:

1. Forex losses had a substantial impact on both companies, but the effect was more pronounced for Dangote Sugar.

2. Without forex losses, both companies demonstrate strong profitability, with Dangote Sugar showing a remarkable turnaround.

3. BUA Foods maintains a higher ROA and Net Profit Margin even after adjustments, indicating potentially better operational efficiency.

4. Liquidity remains a concern for both companies, with ratios below 1, suggesting potential challenges in meeting short-term obligations.

5. The adjusted FCFE for both companies is significantly higher, indicating strong cash generation capabilities when forex impacts are removed.

6. BUA Foods still generates higher FCFE than Dangote Sugar in the adjusted scenario, but the gap narrows considerably.

Conclusion:
When forex losses are excluded, both Dangote Sugar and BUA Foods demonstrate strong financial performance. The adjusted figures reveal that both companies have solid underlying operations. BUA Foods still maintains an edge in terms of operational efficiency and cash generation. The forex losses highlight the significant impact of macroeconomic factors on these companies' financial results, emphasizing the need for robust forex risk management strategies.

Good morning sir,
You are a precious jewel to this great Family....
keep the good work going!
Happy Sunday YMCY56 😁😁😁

Princkez:
who believed AFRIPRUD will do bonus issues

I didn't believe they will do Interim..
Mbok , make Tony do UBA N1.20 plus 1 for 1 bonus 😁😁😁

Princkez:
Results...

This is wonderful! my guts told me Nacho might be up to something... The way it is being push towards 40 ehh..
I might be wrong oo

currentprice:
EKUU mKT O
EKUU weekend too

The King has shown up 😁😁😁

genius43:
This is the variant with a sim slot. It is genuine

Thanks You Sir

noobody:
There is also an LTE variant, Not bad, if you need help ordering with cheap rates, come to Whatsapp.

Alright Sir

noobody:
Unisoc are low budget processors,

That has always been the game, just like the way mtk started, but unisoc still dey that level,

They aren't anything powerful or extra ordinary

But since you are after the lte option, not many manufacturers do that any more, just few.

If you don't mind, get the teclast,

But if you are after longietivity and powerful multitasking, do the Lenovo.

Thanks for your details explanation.
God bless you

genius43:
T606 isn't even close to the SD 685 despite the 685 being a budget processor itself. For around $240 you can even get a Xiaoxin with an SD870. To me it is a no brianer and Mifis are cheap these days.

Thanks for the information..
please kindly check this item out.. wanna know if it genuine:

https://www.aliexpress.com/item/1005005697580759.html?spm=5261.27096742.0.0.6ca94743yELlhB&pdp_npi=3%40dis%21USD%21%21US%20%24186.30%21%21%21%21%21%402101150217218872660513535edd87%21%21im%21%21

noobody:
Teclast uses unisoc soc, Some even use some unnamed brands of soc. Yes we can't deny that they are value for money and most have LTE options, But Lenovo xiaoxin brands are better spec wise.

Good morning brother, I know the Lenovo xiaoxin pad can't be compared with Teclast pad. I am after the LTE option plus WiFi. But in your honest opinion: are these processors ( Unisoc T606 & T616) good processor? how can you rate a Telcast pad on a scale of 1 to 10?. Thanks for your feedback.

genius43:
A Teclast T50HD is not better than the Lenovo.
My bro has the 2021 version and it is very durable. And the display is great.
@Mfunkynation the Xiaoxin pad is a great buy.

Thanks @genius43... I want a pad that I can also use cellular network.. I am not in the vicinity of WiFi networks nor own a mifi

Babalegba:
Depends on your budget. The medium budget T40 air is good and has cellular connectivity. The T50hd is also good while the top of the range T65 max has good specifications.
I use the T40 s which is a WiFi only model. It was stolen by one of my neighbors as i allow them my house to use my solar equipment to charge their phones. I bought a new T40 s to replace it and banned phone charging in my house. Nigerians are extremely vexatious people.

Thanks for the information...
so sorry about your ordeal.
I will look into the ones you mentioned

Babalegba:
A good Teclast is better. They have better screens. The medium to high end ones have 2k screens.

Uncle, thanks for your input..
please which Teclast and model?
Hope Teclast pad has cellular connectivity ( 3g , 4g etc)
Thanks

Olamak1:
Snapdragon 685 is a good chipset. It competes favourably with helio g99, it's mtk counterpart. Besides, it has faster cpu speed and GPU clock speed when compared with the latter.

You be mtk fan like me?

I am using Redmi note 10s which use mtk processor.. so I am ok with the processor.

@Noobody, Olamak1 & others. please solid confirmation about this device: Lenovo Xiaoxin Pad 2024. Does it have cellular connectivity? how good is Snapdragon 685? Thanks for your honest opinion

Olamak1:
Teclast Official Store https://a.aliexpress.com/_EzAAHgF

Good morning, please which of the Teclast brand is of good quality. Thanks

How is Teclast T50HD in performance? Heart broken to Redmi pad SE doesn't support cellular

Raider76:
Please how long does it normally takes after closure date for bonus shares to be credited to one's CSCS account?

I think nobody knows the exact time frame

Ucap dey berekete on ground oooo... Bend down and select ooo

Ding Ding

yMcy56:
Thks.
Corrected.

Meanwhile, today is UCAP's Board Meeting.....

Thanks for the update...
Don't know if to get in and ADD MORE at current price or wait 😁