₦airaland Forum

Why is zenith delaying their result. They board just sat on the result yesterday

Xidget:
A lot of people are waiting for Aradel at below #500. Seems una go buy am at #600+ o

619 and almost ready for full bid.

Ginalex:
the only quarterly I know of is just 1; NIDF. If there there are others as per "some", please state them.

seplat pays quarterly and also adds a special dividend at the end of the year

Raider76:
I can't believe they are yet to finish the share reconstruction of TRANSCORP after two weeks. Are they doing it manually?

Lol. Its really taking too long. I know someone with huge short term funds in Oando and transcorp. He is over trapped at the moment.

designking:
My gaze is on Aradel. I would love to see a major price drop so that I can buy more

I am interested too but what I want to see is their result for this quarter

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/42390_DANGOTE_CEMENT_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Huge increase in revenue but flat performance in terms of PAT and eps.

Companies dey suffer for this country. Huge Admin expenses, cost of sale and distribution and finance cost.

megawealth01:
Foreign reserves rise to $40.2bn in October – Cardoso

https://businessday.ng/uncategorized/article/foreign-reserves-rise-to-40-2bn-in-october-cardoso/

He should bring a portion to the stock market and make some money.

Some pple don dey get BP as them dey wait for oando.
E no easy to hold that stock.
Thats why they say oando is not for everyone.
If you no get mind abeg buy amlodipine for ur BP.


May the result favour all of una wey dey inside.

Blaqq2:
can someone explain?

for example i bought GTCO for 52 but its unit cost ends up at 52.52
and i used limit
is this how the brokerage takes their fee?

Brokers' fee and other charges

Sunrisepebble:
Aradel moved. Getting closer to our junction

With the 700million known and so so many millions unknown units waiting for disposal, are you sure the junction should not be lowered?

Sunrisepebble:
How will it when nobody is even buying 100k

For the sake of those in it, I pray it delivers an excellent result and appreciate in price

designking:
Banking stocks are really under value. Their regular and consistent dividend is enough to spur a massive share price appreciation.

I wonder why banking stocks are trading very low.

UBA dividend dey sweet oh. See as every body just dey confess.
Wait till year end lets see what they do. All these mega eps need to be shared. Make I see how gtco for example, go manage their projected over N60 eps

mikeapollo:
Go buy Oando again.
The second rally will start soon.

Result should be out tomorrow, right?
Meanwhile UBA just landed.
Make I go settle pple wey I dey owe

Wetin dey push transcorphot 106
Dangsugar 31

Yemy3m:
watch out for belemaoil .planning to list soon .maybe ngx or otc

On LSE website and on Google they are listed as one of the subsidiaries of seplat.
Just google seplat subsidiaries

yMcy56:
They just crossed over 2m units @5700!
Maybe they'll come and move up it thereafter, make we dey see.....

15billion naira. Hmm money dey oh

Sunrisepebble:
They still hold an additional 700 million shares. Perhaps one should wait till they’re done selling before jumping in. I was told they would do offer for sale but clearly they’re doing it outright

But is it lawful for an insider to trade during a closed period? Aradel and most companies on nxg are currently observing the closed period.
In the USA, they could be sanctioned for that.

Tpharell:
I doubt he is or has been in Seplat long enough as some of us to understand the liquidity issue. Without any news pushing it Seplat remains on offer for weeks on end, sometimes doing less than a thousand shares a day. It does get that bad, i can testify

Lol. I haven't been in seplat long enough, just 4year. But in that four giod years, I have seen all I need to see. Slow but steady appreciation. I no dey too buy early. I wait, just like am waiting for aradel.

Tpharell:
You can believe the minister if you reckon there is a switch somewhere to flip to achieve desired output numbers. Mobil is adding about 30% to Seplat’s production not 100%, but of course there is the potential of increasing production by strategic decisions and interventions of the new operator.
If you look carefully at the circumstances of that huge transaction, it appears to be someone cashing in on a quick opportunity to make guaranteed 10% or more immediately, not money intended to stay long in Seplat, but then again I could be wrong. And even at 100,000 daily offer they could struggle to ofload especially now that the momentum will likely slow down being that the deal is officially sealed.

I was actually being modest when I said it should double seplat oil output by 100%. Most reports I read actually have higher estimate. The asset is not idle it has been productive but not at the level it should. Pls DYOR

But at the end, only time will tell

GeeKudi:
who will buy the 100k unit single deal?

Hmm buyers go dey well well. Sellers will rather be scare

Tpharell:
The problem with such outrageous deal is the person will probably/likely be back today or soon to convert the paper profit to cash before the momentum slows down, which could force Seplat into high or even full offer soon

He only need to supply 100k units a day at day's high. Thats all we need. He doesn't need to sell at loss. Seplat has a very bright future.
Do you know that this deal alone basically increases seplat oil output by 100% with potential of another 200% increase upon minimal investment(if the minister's words are anything to go by.

ProphetUtuocha:
Caution:
That which they were excited about it's listing
But which was correctly revealed as
Only but a shadow
Shall surely shed much weight
For indeed, it is full of air
And shall collapse like perforated balloon!

Chai. But anything could still happen.
They are yet to release a statement on the shell divestment.
Q3 result might also help Aradel.

Willie2015:
https://nairametrics.com/2024/10/21/nurpc-confirms-rejection-of-1-3-billion-shell-asset-sale-to-renaissance-group/

Hmmmm
Double wahala

Tpharell:
How do you mean?

I mean like a delay. They might want the year's profit from the asset to reflect in the result.

I hope q3 seplat result will not be affected by this approval.

KarlTom:
Whoever did that cross deal of 2,032,227 units of SEPLAT just made over 1.78BILLION naira paper profit (less charges)

Yes you read that right...

That could well be the consideration for the approval.
Some big govt officials must be compensated with units.

yMcy56:
Over half a billion Naira picked just 102334 units....almost N600M. Haba!!
No be small thing o. 😁

Some people bought @4600 or thereabout in the course of them crossing it.....
That 2million units crossed no be child's play! 😁

Seplat gain today just too sweet.
The stockhas been my best. E don delivere from all angle.
Dividend recieved has almost covered capital.
Capital appreciation on the other hand is simply unbelievable

Sunrisepebble:
Any idea when the suspension is being lifted ?

No ideal at all. We just keep watching and waiting.

RodgersAkpafu:
I think under 400 is a stretch though

I don pick tasere units at 560

As it slips more
I pick more
Aradel, Nestle MTN and Airtel are my 4 non bank targets for the next couple of months

Try catch some units of transcorp as soon as the suspension is lifted. E go rise well well.

Raider76:
Aradel showing signs of degeneration into a real trap. Volume traded so far only 130k, with over 8m on offer.

Every body want buy at 400. Who dem want sell to at current price?

UBA did well in the 3months of q3 2024 compaied to last year.
Eps went up from 1.94 to 5.78.
Thats impressive.