₦airaland Forum

essentialone:
Has Aliko Dangote officially changed his name to Danjuma Willie Daniel?

Na food we want. When is Dangfood coming?

Kingchuks:
https://doclib.ngxgroup.com/Financial_NewsDocs/39832_ETERNA_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_NOVEMBER_2023.pdf

See loss. This guys just finish us that year.

yMcy56:
ZENITH
https://doclib.ngxgroup.com/Financial_NewsDocs/39793_ZENITH_BANK_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

JAIZ
https://doclib.ngxgroup.com/Financial_NewsDocs/39792_JAIZ_BANK_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

WAPCO
https://doclib.ngxgroup.com/Financial_NewsDocs/39790_LAFARGE_AFRICA_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

Zenith bank don overtake every other bank.

emmanuelewumi:
Interesting days ahead, when long term bonds currently have a yield of 17%. It is possible to get close to 20% by first quarter of 2024.


I hope the managers of our economy will do something urgently to tame the ravaging inflation

So if I place 100m in the 2053 bond, I stand to get 17m per year for the next 30years.
No be small thing oh.
Its like this people dont believe Nigeria will ever get better.

vacanci:
Salt and Sugar na symbiosis. If one does well, it will pull the other along.

As long as the share structure for the merger stands, NASCON cannot be higher in share price than Sugar.

The merger will always be an issue. No matter how one does, what investors will always look at is the enmerging company. The loss of one might also mitigate the progress of the other.
Thats why Nascon lost today, even with the dividend.

Princkez:
will Alhaji pay interim as he did with NASCON?

I doubt. The sugar arm need to first recover from the loss it made last quarter.

crownprince2017:
Which companies are likely to benefit from this cng initiatives.

Good morning everyone.

On NSE, Seplat should be one of them. And once their ANOH project begins operation, the benefits should more than double. The construction is done, but delays in pipeline construction by the Federal government is what is delaying operations.

Finally, seplat will move today. We done wait tire.

BabsO2:
Crunch the numbers. I don't think the results will lead to full bid tomorrow. Will trade flat at best.

Not that fantastic but an improvement on precious quarters.
They made in q3, as much profit as they made in q1 and q2 combined.
If they repeat same next quarter then you can expect good dividends since their profit would be more from operations than fx gains. Note that CBN directed banks not to finance dividends and operations from fx gains.

essentialone:
Dangote Sugar, ETranzact, MRS, and NASCON, still a good Buy at current price?

All of their results are expected within the next few days. So in my opinion its good to wait for the results.
As for dang sugar and nascon, its more than just the results. Its all about the merger. Question is: when will it happen, this year or next?

Results should be pouring in by now but e be like say companies dey shame to release their results these days.

BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/39628_FCMB_GROUP_PLC-OUTCOME_OF_FCMB_GROUP_PLC_BOARD_OF_DIRECTORS'_MEETING__CORPORATE_ACTIONS_OCTOBER_2023.pdf

So Bank unaudited quarterly reports need CBN approval too, before release to NGX.
I expect FCMB BVPS to remain ahead of Fidelity's. And for FCMB EPS to catch up with Fidelity's

FCMB audits q3 resuts and might pay interim dividends. That should be the reason for the CBN approval.
For me, the CBN approval is not the problem. The problem is the lenght of time the said CBN takes to approve.

Meanwhile I pray Seplat fullfil their promise of better days through the forthcoming result. All the rise in exchange rate and crude oil prices need to start reflecting in their results.

KayOn1:
Loss making with negative equity, let me know when it gets go N0.30.

The company also made Zero (0) revenue this year. In other words e neva sell anything since january.
I think the rise in the share price started even while the company was in coma. Dont be surprised to see the shares on bid tomorrow.
Wetin de move de company no be wetin our eyes fit see.

Bukkydudu:
Still expecting mine since yesterday oooo

Got mine yesterday but no joy. I had more Access shares than UBA but UBA interim dividend gave me more cash and joy.

Salt and sugar doing well daily.

BullBearMkt:
DANGOTE SUGAR NEEDS EXTRA GOOD NEWS TO PUSH PRICE HIGHER
Price breaks below short-term support on 28/09 and as such weakens the stock short-term outlook. DangSugar will require more positive news to carry the stock price above 67 and the liquidity above 72. A rejection at this level may cause the price to retest 52 or below.

This is not a post to sell the stock, as the sentiment remains very bullish with the upcoming merger, rather an alert for interested parties to prepare to add more to their portfolio or for new joiner to partake at a cheaper price.

PLAN YOUR TRADES AND TRADE YOUR PLANS

If truely the merger will happen this year, then it may not taste 52 or below. However, given the time of the year we are, I doubt if the merger will still be concluded this year. We are almost in November, ( second half of October) yet no move, save for the announcement.

Results are supposed to start coming by now. Early birds like UCAP, Transcorp, Afriprud etc whats up with ur results.

UkwuAmu:
Mcy be Elumelu wife or Dangote Daughter and she go dey here with you for nairaland . Be like say you dey underate those guys relations .

Stay there.

robobo:
no where in the write up is the new offer of N12.15 mentioned

is this an inside information or personal speculations?

Do not underestimate the calibre of people in this forum.
The guy might just be Wale himself or someone close.
Just like I dey suspect Mcy to be either Elumelu wife or Dangote pikin. Lol

We are in October and the month is moving really fast. Very soon we will meet december. When shall we hear from DANGFOODs oh, the people are hungry.

ositadima1:
I know some of you are abroad. How do you fund your Nigerian bank account in naira for the purpose of stock investing? I assume that once I have funds in my Nigerian account, funding my stockbroker can easily be done from anywhere.

There are many apps that pay directly to your naira bank account at exchange rates that are even higher than the black market rates.
World remit,
Flutterwave etc.
Your account is credited immediately.
Dollar accounts have become obsolate since tinubu took over.

Ades1:
Make sure to reinvest those dividends back into your portfolios oh, don’t spend it all on enjoyment.

Lol. Bodi no be firewood oh. Small enjoyment for this BAT times is in order.

Mfunkynation:
Any brother and sister using Access Bank don see Uba dividend?

I use Access, got mine yesterday.

Oil prises really fell this week. Closed at 84 after doing as high as 96$

Myhelper1:
contactcbn@cbn.gov.ng

Thanks so much. Do you have that if SEC? Seems the one you sent is for CBN

ProphetUtuocha:
The folks who purchased over 75 million units of OANDO yesterday knew what they were doing. Enough said!

Its another opportunity today to load more.
Disclaimer:
Pls for the sake of newbies, this is not a buy recommendation.
For the old hands, you know I am just joking.

Pls help with SEC email for complaints. I want to report a registrar.

kolaish:
The equity price of Access Holdings Plc was adjusted today 6th of October 2023 for a dividend of N0.30 as recommended by the company Board of Directors. The last close price was N16.15 while the Ex-div price is N15.85

When is the payment date for access bank?
Today is pyment date for UBA.

mikeapollo:
No updates on Oando today?
What's happening?

The share price moved up

Why is dangsugar going up while nascon keep coming down

Princkez:
Game of OANDO has started this morning oooo

Wale go just dey wonder. This peole sef