₦airaland Forum

Wapco is doing wonders

Agbalowomeri:
Monitoring spirit

Lol. Monitoring my small change oh.

Today is for Cadbury and Nascon. Let's hope they post something good

Streetinvestor2:
Lol..just because presco mentioned 250 billion too. I guess if they had mentioned 500 billion. The story for change .
Presco can raise that amount this week if they do wish without sweating..lol ....via shareholders
Just less than 200M new shares is enough

They need resolutions and regulatory approvals. E no go easy like that.

crownprince2017:
You can be emotional but you can't change the reality coming onboard, People that can connect the dots know there is a relationship between ellahlakes deals and presco 250b pending right issue.
interesting days ahead.


Keep digging.

There is a race for that asset. Whoever is able to first raise the cash wins. Meanwhile, don't remove Okomu and other players from the race.

unite4real:
PRESCO s 60% stake in the Ghana plantation alone is more than 180% the size of Ada palm

Lol. You don't know Ada Palm. It's almost the size of Presco total.
The 4,310 hectares is the First phase planted in 1975. Unfortunately that's what is quoted online.
Ada Palm is 38,000 Hectares of land. Just do your research.

SonofElElyonRet:
How

The way Ellah went up from N3 to N12 naaa. The way UBA went from N34 to N50. Lol
They can do it, if only they...

thebargainhunte:
It is the largest continuous palm estate in Nigeria

Hmmm...

emmanuelewumi:
The biggest in Imo State and not in Nigeria.

The have about 4500 hectare of oil palm plantation

Lol. That is how Google gave it to me oh.

Streetinvestor2:
Sorry it is our heritage. It is not for sale.

It is the biggest Palm plantation in Nigeria at the moment but the most mismanaged

Princkez:
ELLAHLAKES needs #250b and PRESCO also needs #250b both wants to acquire assets...hmmm let it not be what I'm thinking ooo.Upcoming events will shock many people.

There is a huge oil plantation in Imo state, one of the largest in the country. It's currently being mismanaged by government officials of Imo state. Maybe they want to buy it from the governor.
That's the one I know that might be worth that price. It's called Ada Palm plantation. You can Google it. It has good videos online.

Sunrisepebble:
I think they’re trying to acquire another asset

If they issue additional 100million shares at 2,500. They will get the N250billion

Sunrisepebble:
https://doclib.ngxgroup.com/Financial_NewsDocs/44633_PRESCO_PLC_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)___ANNUAL_GENERAL_MEETING_(AGM)_JULY_2025.pdf

Line 12: That subject to obtaining the approval of the relevant regulatory authorities, the Directors of the
Company be and are hereby authorised to raise capital of up to ₦250 billion (Two hundred and fifty
billion naira) by way of Rights Issue, through the issuance of ordinary shares, on such other terms and
conditions and at such time, as the Directors may deem fit or determine.

Them don start. But with current share price they only need to issue additional less than 200million shares to achieve 250billion Naira.

Princkez:
result will be good but dividend..hmmm may be 50kobo

We are just holding the shares for them and their family members to reap the real gains by way of contracts and unjustified emoluments.

Transcorp had it's BM today. As share price fall today, we no need anybody to tell us say result and chinkili dividend will not impress the market.

mikeapollo:
The House of Reps may influence SEC to reject the acquisition.

House ke. House that will be settled

SonofElElyonRet:
The shareholders were outspoken during the meeting.. the board was put under some pressure. I sense going forward, Chuka and Co won't have it easy anymore

I watched briefly and what I noticed is that somehow it appears to be almost the same shareholders or group of shareholders that attend and speak at most General meetings.

https://doclib.ngxgroup.com/Financial_NewsDocs/44612_AFRICA_PRUDENTIAL_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

Afriprud not a bad result.

I pray they settle Transcorp. Transcorp as a group is owed over 600billion Naira by the FG.

Sabiboy99:
The GENCOs had a meeting with the Tinubu government this week. Expect massive reforms and upside in that sector in the coming weeks and months

Yes Tinubu approved the issue of 4trillion Naira worth of bonds to settle verified claims

Sunrisepebble:
Wapco is N2 trillion market cap not N400bn

The data is not current for all. Q2 2025 changed everything

Olaide1295:
Dangote cement half year results

https://doclib.ngxgroup.com/Financial_NewsDocs/44610_DANGOTE_CEMENT_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

This time last year, DangCem's EPS 11.26 naira and the stock was trading at 600 naira. Now, EPS has improved to 30.74, yet it's trading at les than 500 naira. The market is such a conundrum.

But the result just got released Market needs to react before you you conclude.

megawealth01:
5.20

Wow that's really cool. And they will also pay full year.

Shalom428:
Upon all the money wey Rabiu dey print , na still 2 Naira dividends he go declare.

Wapco and Alhaji still remains my personal best in Cement , you go chop cap appreciation, still chop better dividend

How much did wapco declare?

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/44602_BUA_CEMENT_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

See money minting, kai cement companies are balling o!!!
Lets see what their King (DANGCEM) will produce!!

If BUA is printing this massive result, what then will dangote print. Hmmmm Cement is cementing oh

UACN, e be like say them done see the result.

EDUECO:
What has dilution to do with a well managed company like ACCESSCORP?

Q1 2025 was ₦4.88

₦4.88×4 =₦19.52 for full year 2025

+ or - nothing less than ₦15 for full year 2025.

They did not calculate the q1 eps with the current OS of over 53billion shares. If they used their current OS, Eps would have been about 3.5.

Dangcem and Seplat BM today.

FBNH is one stock that moves with purpose. It doesn't do quantity for nothing. Every move is for a reason.

NSLTECH result. The loss for H1 has overtaken the loss for the entire 2024

N30 interim dividend from Okomu. Wow that is something huge

FBNHolding you are doing well.