₦airaland Forum

Streetinvestor2:
.Which of the transcorp

Lol. If the transcorp you know should repeat q1 result in this q2 or even do better, then upside will be an understatement.

Streetinvestor2:
Tell oga Emma to do cross deal with you.He get plenty

Each Time I see totalenergies, na him dey always come my mind. He no dey sell. He go rather buy my small units.

If I no fit buy Total, I go queue for mtn. Once they overcome their fx challenges they will surely do us well.

Streetinvestor2:
Pls they should do it 2 times more.I

lol they have more than enough bids. But they should wait for some of us that are not fully in to get a few more units.

Finally, Totalenergies sell first 100k units in a very long time. Appreciates by 10%.

BabsO2:
That will be nice if it sails through.

It has been confirmed to be untrue. So we wait for official info from UBA

I hear say UBA right issue will be at N34.
All these people sef.

Modified:

Pls disregard this.
The source has confirmed it as untrue.

KarlTom:
I thought SEC said they will release a framework for the re capitalization.

At this rate, I sincerely hope these banks don't manipulate their way up to 500b...

lol. If access succed in this RI alone, they would have met the 500b easily. And the dilution will even be of less impact since the it will only increase the majority holdings of the Ogas. The Ogas hardly sell on the floor of the exchange.

megawealth01:
I love accessbank

This new Chairman go really take control of this bank.
Why should I take a rights issue at 19.75 when the stock is available on the floor at 17.25. N2 cheaper

Na them go buy everything. Na their plan be that.

If only they keep to their words.

SonofElElyonRet:
Expect Access bank to put in a bid

Lol. Access is already big enough in Nigeria. They are now buying from other parts of Africa.

The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately.

This decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability.

The apex bank’s Acting Director of Corporate Communication Department, Sidi Ali, disclosed this in a statement on Monday.

According to the CBN, the bank’s management has been unable to stem the decline despite various supervisory steps taken by the regulator. With no reasonable prospects of recovery, the CBN has taken this action to protect the financial system and maintain public confidence.

“The Nigerian financial system remains on a solid footing.

“We are committed to ensuring the safety and soundness of our financial system, and this action reflects that commitment,” the statement added.

Raider76:
I am not a diligent investor. Just a trader. And I have so far made 60% return trading Oando shares so far this year.

And its today on full bid of over 59million.

BabsO2:
That Q2 was from one off forex gain due to devaluation. The business throughout 2023 is making losses every quarter as expenses exceed incomes. Expenses need to go down and incomes up (or incomes need to grow faster the growth of expenses) for steady profits - will that be the story for 2024 ?

Expenses na where oga them dey settle...

Bizibi:
you guys really trust WALE.

I saw q2 eps of 11. Before ai knw wetin dey happen full year eps turn to 6.
Anything can happen.

cocolacec:
if i have 600 units of Seplat stock,how much dividend will i get? Thanks

I think its 26,725.5 then you remove withholding tax.

Bagwa:
Fantastic Result From Oando 2023 AFS
https://doclib.ngxgroup.com/Financial_NewsDocs/41389_OANDO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MAY_2024.pdf

Wow. E be like say the eps done pass the shareprice.

Exchange rate foe Seplat's next dividend is 1,484.75.

This is higher than the last on. Dividend payment date 14th june.

With seplat deal almost done, something tells me Oando's deal will soon be completed. The way Tinubu intervened to make this deal go through is the same way he might try to ensure Oando's.
He says he wants to increase crude oil output by all means possible.

awesomeJ:
Businessday reports NNPCL has signed off on the SEPLAT/MNPU deal,
I think the market will break 100k again in a few says!!!

That should be the reason for the full bid since yesterday.
Wow

I giveup on totalenergies. Since q1 came out about a month now they have not sold up to 100k units a day. Its 3k, 8k, etc.

Make I go look for money first then i go join mcy for insurance sector.

emmasoft:
Yes, they paid 3cent and based on the conversion rate, the naira equivalent is N39.3. The normal dividend and special dividend amount to N78.6

The next dividend should be less, as the exchange rate will be determined by tomorrow's official exchange rate. I hear say the official rate has gone down, while the parallel market rate keep going up.

Streetinvestor2:
Which news should we be expecting from sugar or this maximum gain for two days is just traders doing thr thing

1.Alhaji resubmit the marger document from back door
2 The rice company has kick started

3.Or just good will from the brand name as per the news of listing of the refinery and others in the near future

Its a risk to be out of dang group of companies until the announcement.
E go happen like rapture.

Mankind2024:
Good dividends received.
Meyer
Seplat
Keep it up.
Representing good yields from 🪴 planting to Harvesting season.
🦾🦾🦾🦾🦾🦾🦾.
Worthy of mentioning, something good is being brewed @Morrison. Time will tell.

Got my seplat too. Expecting another by 14th june. Seplat dey try well well

Transcorp dividend just landed. Wow wasn't expering it, certainly not as much as I got. This one go take care ofvthis week. Hopefully next year dividend will be better.

KarlTom:
Name it, let's buy on your behalf...

lol. Total energies. I no dey hide de stock abeg buy small for me.
But I know say una no dey buy this type stock wey get high price

This NSE sef. One stock wey I dey time since their q1. That stock has been relatively available and pple have ignored it. This small bull na him them come line up for the stock.
Abeg oh make una wait make my money land before una move the stock beyond reach.

Nascon too on full bid.

Ginalex:
UBA dividend ... I no wan hear compounding for now... Na to enjoy the life of my head I dey like this

Mine landed about an hour ago.

The way market dey play, if dangfood merger happens today and the new stock is listed at 350, this market will bring it down to 120.

KayOn1:
Transcorp @11. Ok!

My broda, everybody is now moving their funds to tbills and bonds. There is a believe that rates will go even higher.
Alot of cash will leave NSE.

So MRS is delisting at today's opening price of 135.
Na waa oh. Them no fit add small something. Everybody just stingy this period.

Princkez:
https://punchng.com/tinubu-okays-payment-of-n3-3tn-power-sector-debts/

1.3trillion goes to gencos while the rest goes to gas companies. It says disbursement had since commenced. Hope its not what shot up the profit if transcorp.