₦airaland Forum

Ok oh. Make I dey PZ and UACN for now, after deducting small profit.

I no too get liver to take some kind things. I don jump comot from Cadbury with N28 gain.
Make I start my weekend now. Till next week before I enter another stock with wetin go remain.

That guy that ran Diamond bank down.
I remember then, I was so optimistic about Diamond bank that I threw in almost all my money there, If not for the takeover bid by Access and rally that followed...hmmmm

yMcy56:
Are you minding Peter?

Anyway, where you see Unilever and Cadbury at above 50, expect PZ to catch up at some point...

In all these movements, it's OANDO I'm eagerly awaiting its own upward movement.....No matter how they try hard to suppress the mvmt...

PZ audited 2024 and q1 2025 result will be that decider.

PETERiCHY:
What of those of us that bought circa #15 last year Well someone predicted it's heading to , #750 meanwhile I will alight at circa #100.

BARGAIN HUNTERS TAKE NOTE!

N750? Well? Nothing is impossible.

Mpeace:
This market sweet sometimes. Cadbury wey we buy 29 is now 53. Wow.
But Cadbury fundamentals so too strong.
Profit taking will soon set in

I am still in shock how Cadbury overtook UACN

This market sweet sometimes. Cadbury wey we buy 29 is now 53. Wow.
But Cadbury fundamentals so too strong.
Profit taking will soon set in

Aradel seem set to give N15 make today. I bought at 447 I missed opportunity to sell above N550. I need it now Make I manage the small gain.

DeRuggedProff:
Anoda address...

Lol. No be small thing.
When you see opportunity, and you know that Morgan Might not credit you on time, you just have to sell some stagnant stocks to take up such opportunities.

ndept:
The bolded is not right please. I bought a stock last week on Morgan platform by 10.45am and sold by 1.45pm same day. For avoidance of doubt on why I bought and sold within 4 hour, it is just for a profit of around seven percent, because I don't really have confidence in the stock for a long term, not even one week.

I buy on sell on Morgancapital and buy within minutes with the proceeds of the sale. You are very correct

ppogba:
Their dividend payment has been embarrassingly shameful.

So shameful that they cannot even compete with Fidelity!

Very greedy board of directors and management.

Fidelity OS is about to multiply. After their next capital raise, they should have over 70billion as OS. While Access would have about 53billion OS.

At this rate it would be difficult for fidelity to pay up to N1 in interim dividend. That's like N70billion.
And also pay a final dividend in the same financial year.

Who bought Ibadan power distribution company.
I hope it's not Transcorp. These distribution companies don't make good profit.


The Asset Management Company of Nigeria has announced that the Ibadan Electricity Distribution Company (IBEDC) has been sold.

Gbenga Alake, the managing director (MD) and chief executive officer (CEO) of AMCON, disclosed details of the sale during a media parley with media executives on Thursday.

In April 2024, the federal government said it would sell five power distribution companies under the management of banks and AMCON.

The DisCo, managed by AMCON, is one of five listed firms. The rest are the Abuja Electricity Distribution Company (AEDC), Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company.

Speaking at the conference, Alake said the company was sold for N100 billion.

He said AMCON will soon hand over the power firm to the preferred bidder.

“Today, I announce to you that Ibadan DisCo has been sold. When we came in, it has already been sold. It was sold for how much?” the AMCON boss said.

“We got in and said no, it cannot be. We said they should go and submit a new offer that we were not going to sell for that.

“At the end of the day, we got almost double of what Ibadan DisCos was going to be sold for.”

Alake said the sale has triggered legal battles, with “so many interests now fighting and writing”.

He said that while the matter is in court, AMCON is very positive that the right thing was done.

“We have sold it… and whatever is still happening in court, we will face it,” he said.

On May 15, report circulated that the African Initiative Against Abuse of Public Trust, a civil society organisation (CSO), has filed a lawsuit before the federal high court in Abuja against AMCON, Nigerian Electricity Regulatory Commission (NERC), Bureau of Public Enterprises (BPE), and the Ibadan DisCo over an alleged proposed sale of a 60 percent stake in IBEDC for $62 million.

The CSO, in the suit marked FHC/ABJ/CS/866/2025, described the sale as “secretive and illegal,” adding that the alleged amount is “corruptly undervalued”.

The African Initiative also claimed that the deal would lead to a loss of $107 million compared to the $169 million paid for the same stake during the 2013 privatisation of IBEDC.

ojeysky:
Ellahlakes has done almost 100m already...Na wa o. Meanwhile see neimet,.Calverton, ftn like play those stocks have been doing 10/10 back to back. Congratulations to those in the bus

You can make like 15% today on Ellah. There are offers at below N9 at the moment. If you buy and it ends the day on full bid, you make good money.
Caveat: I do not know if the movers have reached their target price. DYR.

At N10, they need 25billion new shares to raise the kind of money they want.

It would be better they push it up to like N50, so that the OS will not be too much. At N50 they only need to raise 5billion new shares.

Sunrisepebble:
GT will be dual listed. Find below:

By this notice, they will not be doing any PO or RI on the NSE to meet the new N500billion CBN requirement.
That's good for free-float on the NSE. But I am thinking dual listing could see less fx inflow into their Nigerian shares and foreign currencies will remain in LONDON due to Naira stability issues

Payunsin:
Made the most money in a single day ever today ( on paper oo cos I never sell)
Alhandullilahi
And my gidigba Transcorp did not move, I even bought more.

Transcorp gave 20kobo today

KarlTom:
If I explain you won't understand because you seem to be speaking from a fix point...

PS: Try and get the book by Mr Bawa former Chairman of EFCC [‘The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud’]

Bawa. I have had personal experience with this man. I remember when he was in Port Harcourt, just before he became head of EFCC. A matter I handled in court...
If I have to judge from that experience, then I will advise you not to take that book seriously.
Also remember all the uncleared allegations made against him with respect to disposal of seized properties.
Nigeria is corrupt, with or without subsidy.

PETERiCHY:
GOOD LUCK to those that of us that were able to GRAB some UNITS when the MONEYBAGS were SIGHTED few days ago

JAPAULGOLD on FULL BID @#1.72...

I foresee their RIGHT ISSUE @ Circa #5:00

BARGAIN HUNTERS TAKE NOTE!

They said they want to raise 500billion Naira by issuing new shares thus raising their outstanding shares to 100billiin units from 14billion units. In other words they will create about 86billion new shares to raise 500billion Naira therefrom.

The rights issue may actually be more than N5.

Make Una enjoy

While we were looking elsewhere UACN just did 40% in the less than two weeks

KarlTom:
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -2.74%

But aradel and oando shouldn't be in same group as Conoil and eternal.

Seplat, Aradel and oando are in same sector.

djo120920:
Amazing how price respects technical levels. Good entry point for CI Leasing with minimal downside potential

Make Una rest with this Cileasing abeg. There is nothing there. Absolutely nothing. Even loco don dey calm down.
From chams to Cileasing, when pple were making good gains from sound stocks Una just queue for inside motor wey no get tyres.
It's very important not to be too emotionally attached to any stock. Just look for fundamentals.

Fundamentals don't come before, but after the result.

PuristForest:
Oando key area #1 touched.....

I have placed oando in watchlist. I just realised I could make some money from their results. They appear to rise after every result. Then they fall immediately afterwards. I dey wait at N40

Omooloriredade:
It a little over 100% increase in EPS but not one I'd expect the market to get excited about.

Also, I just was highlighting it's 54k not 115k.

It appears they are in the habit of overstating by doubling their eps on a yearly. Just look at the eps of the previous year. It doesn't correspond with the PAT if that year.

Umehj88:
Ellah lake they find 250billion today Eterna say them they find 50billion

Together, they need N300billion from us.
They need marketing. The type of marketing only Loco can give.

lexy2lexy:
Good morning peeps, does anyone know or have information about the likely timeline for the completion of the WAPCO MTO?

They are still in court. Until the court proceedings are done, itwill be difficult to fix a timeline.

Omooloriredade:
EPS: 54k

Just divide PAT by OS yourself.

Everything appears to be priced in already. I no expect any serious price appreciation. Either the price remains the same or e fall.

This stock has alot of insiders trading on the floor.

DeRuggedProff:
Loco, come see oo... : https://doclib.ngxgroup.com/Financial_NewsDocs/44361_C_AND_I_LEASING_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JUNE_2025.pdf

Loco don hammer over 700% increase in PAT and 10kobo dividend to go with it.

Princkez:
I still remember someone calling OKOMUOIL profit then (2006/2008) audio profit..

But every company is capable of declaring audio profit. Even GTco the great.

legacystore:
Ellah stock price will certainly drop next week as short term investors will sell off quickly to move elsewhere.

Ellah is not moved by traders.Its moved by the hands behind the rights issue. They will move it to their target price. If you know how to play the game, you will surely benefit, if not them go carry your money go.

When it comes to the future of Ellah, I see it as a target for the bigger players.

Locotrader:
We dey shout for Japaul 100B equity fund raise let alone 250B.

This one na if I die I die
To get this kind of money ,share price has to rise very well oooo.

Ellah no fit bow down in price with this news.
I will expect more rally here

They should pump the price to N50 then issue new 5billiom shares at N50 each

Locotrader:
Now that Ellah party is over
Let's check on Cileasing
The next in line for constant rally.

I like your focus. Cileasing or nothing

Them don sew uniform. Asoebi
Na wedding abi na burial dem dey go?

crownprince2017:
Agba abeg tell me wetin una see there..
the fear of high blood pressure is the beginning of what again...

eps from N4 to N9. "Over 100% increase in Profit after tax"