₦airaland Forum

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.

designking:
Was it positive?

eps of 14.78 as against 12.93 of last q3

Gtco go boss them all.

UBA q3 is out
https://doclib.ngxgroup.com/Financial_NewsDocs/42360_UNITED_BANK_FOR_AFRICA_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

megawealth01:
We’ll Make Solar Energy Accessible, Affordable To Nigerians Next Year – FG

https://dailytrust.com/We’ll-Make-Solar-Energy-Accessible-Affordable-To-Nigerians-Next-Year-FG

So you still dey believe thus government? Lol
PH refinery was supposed to start pumping fuel like one year ago like they promised. E never pump one litre to date.
I heard they recently promised labour 5 more refineries to alow the recent fuel price increase.
Very deceptive set of people.

gamaliel9:
This Coronation Registrar na first class act. I bought ACCESS HOLDING, did not mandate it, the next thing is for my Access dividend to land in my bank account. I am a dividend investor. I feel like loading more Access

Some registrars are doing great job while others are almost useless. The registrars for GSK did same to me. I no submit any form yet my money came.

Cardinalstone on the other hand, to me are one of those not doing good job. Example is my totalenergies that was mandated and I had been getting dividends for years only for them to withold my dividends from two years ago requesting that I resubmit dividend mandate forms. Even after that, they still have not paid for since then.
I don kumuma arrange small law suit for them with some reasonable claims for damages. I go give them headache early january.

Mpeace:
Transafam owns it. Heirs holdings own majority stake in transafam with transcorp owning just 5%.

Point of correction. Transcorp owns 95% of transafam. Non-controlling members own only 5% Transafam owns 60% of AEDC amongst other power gen assets.

Zagee:
You missed the part where Uncle T owns AEDC?? Testing phase

Transafam owns it. Heirs holdings own majority stake in transafam with transcorp owning just 5%.

Payunsin:
Be careful when u follow Ote$,he can make or break you. He is the reason the right offer price changed from ₦15 to ₦25.
He has been buying fbn from ₦3 n he has nothing to lose

No take FBNH forbgranted oh. Ote$ is a known miracle worker in terms of share price.
Go an read the Forte oil story and Geregu moves.
He moved FO from 12 to 360. What can he not do with FBNH. The good thing is that fbnh cannot move without the rest.
Access, Uba and the rest will follow.
The most important thing is to ensure who sell the moment he leaves.

megawealth01:
OTE$ seems to keep WINNING the fight ... Time will tell sha if he finally has his way?

Truth is there is no fight. He has majority stake in the bank so its natural.

This govt and wayo na 5 & 6. Them tell us say seplat/ExxonMobil deal will be approved in a matter of days.
We forget to ask them how many days.
Its almost three weeks yet no sign.

Well T-p... is back, lets see what he does.

megawealth01:
If I say I dey wait for ARADEL for a particular junction eh

lol. Its good to start buying from 500 till it gers to 400 or reverses. I no be TA person but I feel it will do full bid by next week.

I dey miss loco original moniker

KarlTom:
OandO. +1.32%
ETERNA. ±
ARADEL. -9.99%

May be you start averaging down on Aradel by monday.

megawealth01:
Policies have 🌎 bank backing sef and 5 refineries soon

Which country has world bank ever helped out of poverty.
When Greece, Portugal, Spain etc had economic crisis, they did not consult niether did world bank offer any policy directive. These countries used tax holidays, subsidies and incentives to revive their economies.
But world bank will only come when its africa, ask us to tax our people the more, give us loans (which they take 45% of as consultation fees) and encourage us to carry out policies that only ensures we remain slaves to Europe and america. Like we are ccurrently mortgaging our oil or loan.
I remember when Dubai was coming up, they totally rejected world bank policies and as a result they got all the condemnations and insults from world bank, IMF and the rest. Today UAE is doing so well. Same with many otjer countries.
As long as we keep working for world bank and other international monetary funds we will keep mortgaging the future of this country to them, we will remain where we are and they will keep praising us.

Xidget:
I convinced myself that I have learnt my lesson o. Then boom, Aradel show up and trap me again. Lol But it wasn't as big as DS cos I only use my MMF interest & Sukuk coupon to buy it.

Aradel will pay some day. You need to be careful with newly listed companies. They often fall after listing until the market fixes their price.

I saw one stock no NSE equity board, just a couple of sticks below Aradel AVAIF. The share price is 1,000,000 a unit.
I just want ask when that type stock go appreciate in price.

Make una tell these guys to free gtco naa which type thing be this sef.

yMcy56:
ARADEL as at now......
Attached.....
Plenty profit takers..,..
Seems many bought it on NASD...

I think they are moving to oando. Oando now 83

Make una see oh. Them want drop our seplat price oh. How person go sell 90k units at reduced price, just at once. See me see trouble.

ProphetUtuocha:
Why are folks chasing shadows when the real thing is staring at them?

Chai. This one na big stone oh. Aradel can never be shadow.
Mind you they own a refinery, the main thin at the moment