₦airaland Forum

yMcy56:
AFRIPRUD
Board Meeting outcome....
* To declare final dividend and a bonus issue**

This seems to be the leaked info that got APR to 30+ from N8/9........bonus looks priced in.

https://doclib.ngxgroup.com/Financial_NewsDocs/43175_AFRICA_PRUDENTIAL_PLC-POST_BOARD_MEETING_NOTIFICATION_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

TRANSCO HOTELS

https://doclib.ngxgroup.com/Financial_NewsDocs/43176_TRANSCORP_HOTELS_PLC-POST-BOARD_MEETING_NOTIFICATION_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

THE ELUMELU wey do this one for Afprud go do am for Transcorp

https://doclib.ngxgroup.com/Financial_NewsDocs/43173_SEPLAT_ENERGY_PLC-NOTICE_OF_2024_FULL_YEAR_AUDITED_FINANCIAL_RESULTS_SEPLAT_ENERGY_PLC_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

Na wa oh
We wait till 4th March

Seplat has really fallen at the london exchange. Thats unfortunately where most of the directors and the chairman of the board have been buying from.
Tomorrow is board meeting. I hope its fall is not insider related.

Sunrisepebble:
Ive started buying back MTN at N240, waiting for results to add more

NFA/DYOR

Mtn matter get as e be. I heard the regulators want to reduce the recently increased tariff by 15%.

https://www.vanguardngr.com/2025/02/breaking-labour-forces-fg-to-reduce-telecom-tariff-hike-by-15/

GeneralDae:
The biggest threat to oil prices is the possible tariff on China or anything that could affect the Chinese economy.

Quote: IG market analyst Tony Sycamore, however, said traders had already priced in Trump's tariffs: "(this is) a major reason why crude oil is trading where it is."

Source: https://www.reuters.com/markets/commodities/oil-steady-markets-await-clarity-tariffs-by-trump-canada-mexico-2025-01-30/

Picky1:
Honestly, still trying to 'critically think' on, what the effect of "drill baby drill" will bring in the short/long run!
cc. @Ositadimma1 or any other thoughts out there!

I have seen several reports that claim the current price of crude does not support the "drill baby drill" posture as new investments would find it hard the break-even. The biggest threat to oil prices is rather the Ukraine/ Russia peace deal. But The general belief is that oil won't go below 50$/b.
On average, American shale oil production costs range from $35 to $70 per barrel making less sense to increase production and reduce price per barrel. It won't favor american oil companies.
Some oil companies actually have production cost of less than 20$/barrel (eg Seplat) So they should still make some profit at that price(though less than normal). Oil companies like oando only need to reduce their fin. cost to remain profitable.
But I doubt if opec and co will allow oil prices fall that much.

zendi:
It is the massive size of your holding I was referring to.
You said Tranche 1 gives you close to one million shares which means you sit on 12 million units already, since ratio of 1:12.
How is an oil block owner better than you?
Or put it another way, Mikeapollo alone owns a sizable chunk of those 1billion barrels underground that Wale bragged about.

He owns 0.10% of Oando.
Beware of him he is an insider

ojeysky:
This bus is not moving yet though. Ellahlakes is for the patient one....I bought it to test my patience will continue to accumulate it with spare funds

If they don't start production, they will surely need more PR to maintain currentprice.

Rates on Tbills have started falling oh. See result of today's auction. This is good for NSE.

Pennystockwarri:
Why is Access Bank raising N200 billion via CP barely few months after the N350 billion rights issue by its parent company (with the cash ultimately going to it) closed barely a month ago?

https://open.substack.com/pub/lifeasananalyst/p/why-is-access-bank-doing-a-cp-raise?r=1oizx&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

There are more banks to be bought. Them never buy bank for Morocco.

essentialone:
BASED ON THEIR RECENT REPORTS, WHICH OF THESE 9 COMPANIES WILL MOST LIKELY PAY DIVIDEND, IN THIS YEAR 2025?

1) Champion Breweries
2) Chams Plc
3) Daar Communications
4) E-Tranzact International
5) Guinea Insurance
6) Japaul Gold and Ventures Plc
7) Oando Plc
8. RT Briscoe
9) Veritas Kapital Assurance Plc

The insurance companies should pay, no matter how small.
Insurance money went up by more than 200% especially third party insurance.

mikeapollo:
What is the range for TB rates now?

The last Auction rates are seen below. The new rates should be known by end of tomorrow's Auction

Market is down today cos tomorrow is Treasury bills Auction.
The day tbills rate start falling ehh, enough money go enter this market

yMcy56:
Any reason for the disappearance from their end?
Technical glitch or human error?

That's why me I don't really like downloading any App to trade.

I had missing shares with morgan capital. They could not give any reasonable explanation except that they noticed the purchase of the said stock. E no dey my cscs e no dey my morgan account but the pruchase dey the trade history together with the stock I sold to make the purchase. Over 100k in value.
Between December and this January.
I never get time for trouble yet.

USA2019:
My livestock are starving, so I need to visit Lagos today to buy some ingredients, my stanbic banker says I need to fill in some form to withdraw some cash. After the day, I will lodge at Ikejahotel. I don't understand what you're saying. Pardon my naivety.

Make I go check their FA and prices sharp sharp

USA2019:
The current GUI display happens once in a while, especially on weekends and Mondays.

Ok, tell us what you are buying today.

USA2019:
Does your own market start at 8:30?

Its actually blank. It ordinarily shows a list of stocks, but not showing now.

unite4real:
.sure you are joking about the N500 Billion.
How is that possible.
Even if 1 unit is N10,000 a single 100k units should be N1 Billion

Mistake. I mean 500million. At current price you need N513,000,000 to bring about a 10% fall, and 632,000,000 to bring about a 10% rise.

ZikkyChops:
NGX is considering increasing the daily price limit from 10% to 20%.

How would your temperament change if you're up or down 20% in a single day?


Copy

The price limit is not even the main issue. The main issue is the 100k single unit requirement for price movement. There is a stock on NSE that trades at N1million per unit. That stock needs a single transaction of N100billion to make any move.
Seplat needs a single transaction worth over N500million to make a single move. Whereas some stocks need only less than N50k to make a single move.
That to me is the rule we need to change.

KarlTom:
Why is SEPLAT trending on X 🤔

Link pls. What are they saying about our seplat?

SpaceX:
So, I was just wondering since this thread have been on for years for over 15 years we have never met with each other at any time. Covid gave us data on why physical interaction is superior to an online presence.

Physical interactions with other people can reduce stress, anxiety, and depression, and can help to boost self-confidence and self-esteem. Being part of a group or team can provide a sense of security and connection, and can be beneficial for problem-solving and collaboration.

I have a solution which I know will be the best for everyone, I'm setting up a meet and greet at a luxury location where we will shake hand and get to know each other for real. An entry fee of 500k per head count will be made to organize the event, the organizers have promise to make its a special event. I trust them 100%.

What do you think about this great idea?

You should sponsor the meet and greet naa. $ Billionaire like you.

[quote author=Willie2015 post=134147257][/quote]What stocks do they have in their 2025 conviction stocks. That of 2024 did not end so well.

Sunrisepebble:
It was only officially acquired in mid December do you think it'll contribute to the result?

Mid December falls into q4 2024. The effective date of the transaction is actually 1st January 2021. But I do not know the impact that date would have on the result.
But the stock did some real value today, over 1.5billion naira.

One Mauritius based company(Sustainable capital) have also been buying. They now own 10% of the company. All within a short time.
Disclaimer: This is totally MH. So pls do your research. I am heavy here. I added more yesterday.

Sunrisepebble:
It was only officially acquired in mid December do you think it'll contribute to the result?

It should. December falls into 2024. Mind you the effective date happens to be different from the conclusion date.
In all, 2025 should be good for seplat.

Sunrisepebble:
Do you think it would really move after the results? Im not expecting anything great in the result from them this year.

I am expecting a wonderful result, especially on contribution from their new assets.

See as our seplat just dey like abandoned property. Once our result show up on 25th, pple wey book today go just grab 20% (apart from dividend?

RodgersAkpafu:
Seems like nairametrics no longer compile the dividend super register they used to have in their site

They have now gone to youtube. Everybody want to make youtube money

Presco 800 but not officially. Is anyone surprised? No. Presco should go places

Why does it take the CBN so long to approve bank results. Abi them want first tke positions before approval?
Because I no understand why an average person should take less than 2days to breakdown an audited result, but a whole CBN cannot do that in three months.

Banks have submitted audited results now we wait forever until the CBN approves.

EDUECO:
Forbes list pumping of certain shares is currently going on!

Ote$ where are you? Are you not supposed to be on that Forbes list? Pls come and do the needful on FBNH.
N100 is not too much to ask for

Sunrisepebble:
I actually sold on Friday. You know me i'm a disciplined investor, when things get to my junction, I exit. Sold about 20k on Friday. Channeling to Zenith

Have you paid ur tithe from the huge loot?
Make I send church account number

Sunrisepebble:
What was in Cadbury's Q4 standalone result. Every time I try to open it on NGX, the page doesn't load fully. Not sure if its only me having that issue

Are you still selling your presco? Your target of 750 has come and the stock is looking like it would go on a full bid with only 16k units on offer.