₦airaland Forum

Seplat quarterly interim dividend just landed. Weekend begins immediately

Streetinvestor2:
Abeg the palm fruits seedlings people use this days begin to produce in 3 yrs 6 months. Then u begin to see good and enough fruits in 4 -5 yrs.It is the local species u see producing in 7 yrs and above. I don't have the in commercial qualities but we have them planted in the village. It is same with agric coconuts

Wow so you are into oil palm plantation. I have a small piece of land I want to use for same but pple just dey discourage me up to the low returns compared to the huge cost of setting it up.

The one you said produces with 3-4yrs should be the Tenera variety.
But I hear say wayo dey oil business. You may buy them thinking it's the NIFOR Tenera variety only for the thing to stay 6yrs before fruiting.

But the real NIFOR Tenera with good spacing and fertilizer should start fruiting in 3yrs

megawealth01:
FIRST BANK

Wetin do first bank.
Access sold over 80milliin shares yet no price appreciation abi somebody dey drop?

Aradel also doing serious volume these days with falling prices.

I am seriously confused about where to put small cash wey come my hand via beta glass.
Should i go for more Aradel or add more Seplat.
Both are tempting.
Renaissance just increased production on their new asset by over 100%, while Seplat new ANOH plant will be commissioned next month, also with increased production of both gas and crude.

Streetinvestor2:
If this forecast is from meristem and not kpakus. The shellholders suppose go protest for thr office.
This table is saying by 2029 kpakus will be having eps of 30kobo plus. And that is when the likely hood of dividend of maybe 10 kobo.
Then is by 2029 they can generate revenue of 4 billion plus even with the mill.
Meristem u are about to see direct attacks
Make nobody vex with me.Is not me that shared the information. I don't have a single unit.
Abeg make una no vex,was brokers from meristem not among the guys in the current picture. Abi the ceo didn't settle them well.
Who gave the approval for this forecast

I am not in Ellah anymore but I doubt the projection of 1.2billion in Profit after tax, or 4billion Revenue.

N250billion is not moi moi. If they buy a farm that expensive by year end, such plantation should yield way over that sum in revenue and profit after tax.

If N250billion cannot give up to 25billion in revenue then they better invest the money in Bonds and make over 40billion per year.

zendi:
This means he quits as Access CEO ?

This guy talked smart to my ears.

A falling-out with Aig?

He did not quit as CEO. He is still the MD/CEO.
He only left the board of directors in compliance with the new CBN directive on membership of the board.

Beta glass, slow and steady movement. Now N486

Up by N37.15

mikeapollo:
.

Lol! I don't know why we sometimes deny the obvious truth.
Every economist will tell you that devaluation of the local currency leads to more liquidity (revenue)for the govt to be able to support its budget.
If you still doubt, read the following (see paragraph 9-11):
https://www.chathamhouse.org/2025/03/nigerias-economy-needs-naira-stay-competitive

You are quoting Chathamhouse. Also add World bank and IMF. All those people that keep feeding us with lies and making us devalue since 1986.
Meanwhile the Europeans and Americans do not take their advice or methodology in their times of crisis.

What devaluation does to us is to make our raw materials cheap for the Americans and Europeans.
It would have been beneficial if we were a producing economy and not an importer.

With devaluation, it's now more expensive to buy the machinery needed to industrialize.

Eg a block moulder that would have bought a block moulding machine from china at $1million, will now spend N1.5billion at current exchange rate of N1,500/$ as against N700million using the pre-devaluation rate of N700.

If you also do the maths by calculating the money shared monthly between the FG, states and local governments you will realise that it has not really changed from the subsidy/ pre-devaluation era. In dollar terms, it is almost the same. The current government really need to explain the gains from the subsidy removal

For the sake of investors in this platform, I just pray Transcorp power price does not fall to meet the Oga ( Transcorp plc) at sub 50.

ogawisdom:
70B is alot for fidelity hmmm well I hope they can still pay at least ₦2 sth dividend like last time or sth close to it. Otherwise their share price may not go up much. They did not move in this bull market and they should know that any drastic reduction in dividend will dip their share price well

They need to pay about half of the profit to match that N2 dividend for last year.
I doubt if CBN will let them pay that much

ojesymsym:
For me, it is Fidelity that made the most movement within a 2 year period.

If you meniton GTB you should also mention Zenith in same breath since they have a very high correlation.

Most movement in the last two years should go to Wema.
But futurewise, one can gamble with Access despite the huge OS. Their current price is relatively a bargain

ogawisdom:
Hmmm really except
UBA 41B os
Zenith 41B os
Fidelity 50B os

Their EPS and dividend yield still makes sense with the os

Fidelity should have over 70billion OS when they recapitalise. Them go sweat to pay N1 dividend.

UBA should have about 44 billion OS after recapitalisation

chimex38:
no be lie.
It's part of the campaign

Investigator

They need to give us some respect. Why always using the same format like we don't know anything anymore.
Watch and see, before the next election they will also come up with the same story: Naija fx hits $40 billion

What is it with Nigerian Fx reserve and $40 billion.
Since 2017, the fx reserve has been hitting $40 billion. Under Tinubu's regime, it has hit $40 billion over 3 times on the news. Na wa oh

Beta glass keeps getting better. Now on full bid. Maximum gain for the day

Locotrader:
Royalex coming up stronger.
Royalex is sure of recapitalization

REX Insurance Launches Digital Platforms for Motor Insurance Sales - THISDAYLIVE https://www.thisdaylive.com/2025/07/30/rex-insurance-launches-digital-platforms-for-motor-insurance-sales/

I heard the insurance companies that have met or can easily meet the new recapitalisation requirement are
Aiico, Mansard and Leadway for the composite Insurance . Then NEM, Cornerstone, Coronation(wapic) Custodian and Universal Insurance for the General insurance requirement.
But lead way is not listed on the exchange.

Pls DYOR.

nosa2:
Based on what, Because 86 is an even number?

or maybe that is his year of birth.

Stan501:
Any fundamental updates regarding champion.

They just bought the bullet line of drinks.

Black bullet etc will now be made by them.

orriyomi33:
Good morning house.

What stock do you advise between NAHCO and GTCO?

I have both in my portfolio already but I want to top up one of it looking at the current drop in prices.

When you see GTCO at 86 start buying.

Transcorp chinkili interim dividend just landed. The yeye company no get mind send this type small thing as divudend

Money dey this NAHCON oh

chimex38:
Again I have been thinking:
If residential houses(owned and lived in by the owner/relations) and are not included as public buildings going by this definition of what constitute a public building.

If a landlord is to insure his building, just to bypass this compulsory insurance, the landlord could collude with his/her tenants to claim they are living there for free.(no payment or transaction).
More like a relative or Charity residence/philanthropy.

Lol. It would be difficult to escape. Na the same tenant go burst landlord belle. Better insure and collect from rent. The effect is on the tenant at the end of the day.

edwardaigb:
I bought 500k of equity assurance during the last insurance consolidation for 1.50 per units. about 16 years later i was begging to sell and eventually sold for 20k. I vowed never to go close to insurance. I gambled 1M units of RoyalExchange early this month based on Loco hawking at 1.55k and came out today at 2.80k. Congratulations to the buyers. No regrets and pray not to look back again on insurance stock.

Loco have also located Japaul. Use that fundamental to grow the ministry.

faoogoke:
The provision is for public buildings and not residential houses.

By public buildings; Government offices, shopping malls/Plazas, eateries, filling/Gas station etc

Na enforcement be the real thing.

When you read the law properly, you will realize the Act defined public buildings to include rental residential buildings which the act defined as PUBLIC ACCESS BUILDINGS. It further includes
buildings still under construction as long as the
said building is over two floors.

That Act wicked.

Forget about enforcement. There are many enforcers

You will see how state capital development agencies will rush this one.

FCDA etc will rush and make money from this one.

Agbalowomeri:
Janet dey call you

Lol. I don't think we understand the possible impact of the new insurance Act. Insurance companies are in money.

One provision I saw that convinced me on their prospects is the provision for compulsory insurance of buildings.

Every landlord must insure his building yearly.
Penalty is N1million or 12months imprisonment.

NAICOM is empowered to inspect and seal buildings not insured. (Rent go soon increase)

There are many other provisions and mandatory insurance of items that you cannot imagine.
But this property insurance is the real deal.
Every property in Nigeria. Na wa


Agba na because of you I enter Aiico and it has given good short term returns. If not for this your comment Na you I dey consider to give my 10% commission but I don't change my mind.

Access bank and UBA board have all approved interim dividends for q2. It seems the CBN forbearance issue and restriction of dividend payment and acquisitions no affect them.

yMcy56:
Not only AIICO self
Quite some on full bid already and some are reversing the early red now.....

Although there's delayed data even as at now..

It's like they just dropped some passengers.
UPDC that was on offer last week is now on full bid again

Insurance pple don start again. I see Aiico on full bid

Hamachi:
I have the LOA & Estate account already, they are asking for soft copy of where it was published on the newspaper and all share certificates

They are being mischievous. If you go to the registrars yourself they will give the real requirement. You don't need share certificates. It's been phased out.

Coolcash1:
Hope you guys are printing money based on my stock recommendation...follow who know road...

You are doing well. Keep it up.

emmanuelewumi:
Are these assets acceptable by financial institutions as collateral securities.

Not all. Just as you cannot use japaul as collateral(I done japa from the group before Loco see my post)

emmanuelewumi:
You can invest N10,000 in a stock and start earning dividends that will be paid into your bank account immediately, another person can invest N30 million in real estate and yet can't start earning rental income from it

It all depends. In 2017 I bought a piece of land in a place called Ohi in Imo state. I bought at the rate of 1.5million per plot. Today a plot at the same location is sold for N14million.
GTco is an exceptional case. If we go into exceptional cases, the examples we have for landed properties will sound unbelievable. There is a place they call southafrica in Ihiagwa in Imo state. They just discovered oil there and the land owners are being compensated. You will not want to hear what is on offer.
Forget rental income, it's not the real deal. Growing up in Jos, plateau state, I remember a friend who's father bought a property at Ahmadu Bello way back then for 15million. I don't think the man will sell that property today for anything less than N500million.

So after weeks on full bid and movement to N100, UACN started the backwards movement and is now at 74. Over 25% fall.