₦airaland Forum

tritritri:
Oga BBM will respond 2U shortly due to Anti-spam bot,

Banned till 30/07/19. Unless u intervene.

DOLLARTEX:
mtn interim dividend!

N2.95. Thats a poor interim dividend. 2.3% dividend yield. UBA should give over 5%interim dividend yield.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/26862_OANDO_PLC_FINANCIAL_STATEMENTS_JULY_2019.pdf

Cursed company. Guys are just investing for wale and friends.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/26853_WEMA_BANK_PLC._FINANCIAL_STATEMENTS_JULY_2019.pdf

Not bad.

This mtn board is just loaded. Thats how buhari's cabinet should have been, but...

Agbalowomeri:
Not possible bro
Naija don pass that level

Just watch. He now owns everything. National assembly to judiciary.

Agbalowomeri:
So that list looks like positive news to you sir?
The worst ministerial list in a long while
Everything was just political
Bubu Bleep up

The worse list ever. Nothing in that list shows the man is serious or has any desire to work. When I saw that list with all the past governors, something just told me the man will manipulate the system for a third term. That man will change our constitution

maishai:
Going through wapcos result nothing spectacular , other than just that they are through a phase of their debt restructuring.......... The finances of wapco is a bit complicated for me to understand.........I would really like to know when other long term debt would be due, they still have a huge debt on their neck and who knows if it would be due in next year or next two years........Another fire brigade approach might be loading by then

Those ones will be cleared after the sale of the southafrican subsidiary this July. The company is on the path to sustainable growth.

Mcy56:
Lol. I dont think she's on ban, I hope she's not nursing woundjurement cos na curse she go take do grand entrance........anyway, billionaire cant be woundjure.

Yes, billionaires are always ready to fight. "She" will not give up easily.

Mcy56:
Lol. Keypad and your instinct have not reveal it to you but the ever auto correct. Anyway, it's not only your auto correct that will first said that.
You need to try and be reading your comments again once you submit it before it'll land you in deepsuk's custody.

lol. You be Angel jari, even deepsuk know. BTW, where is oga deep. Its like mods don't send him to 2yrs

Heishere:
Zenith has sent approval to CBN for payment of interim dividend. E remain UBA

hw much them wan pay sef

Jejebabaa:
Na when Dr Agba turn to Mpeace Angel. Na madam mercy be hin angel now. Anyway, oga Mpeace don go edit am after Dr Agba quote.

Na de work of auto correct oh, but she still be angel sha.

Calebbold:
Hold that stock firmly with your two hands.... I wished I bought earlier...wapco will seriously make some investors rich

Amen my oga

Agbalowomeri:
Once you fill in your CHN, I think it covers it

OK so I just leave that space blank having filled the other spaces, including chn. Thanks

Mcy56:
I dey o my dear, thanks for the mention.
Been over-busy these past few days. Guess I also needed a break from Nsempa. Lol.
I didnt take Access route but followed transcorp overhead bridge to arrive at UBA Avenue.

Abeg how do I get my shareholder number? I dey try process emandate form for EDC registrars since dangflour go soon mature. There is column for shareholder number which Info not have. Kindly assist with way forward.

I think something is about to happen in the life of Dangflour.

Mcy56:
I know some people are dissapointed that transcorp did not open with full offer. The result seems priced in already.

Anyway, I feel like buying Lasaco cos of dividend but what Regalins did will just not allow me. Just thinking out loud.

As per transcorp, its possible some pple saw the result way before release. Thats why it recently fell woefully.

dipoolowoo:
Nigeria May Consider Issuing 40-, 50-Year Bonds
https://businesspost.ng/2019/07/17/nigeria-may-consider-issuing-40-50-year-bonds/

They will not rest until they have sold the future of the country.

I just remember fxuser today. I just hope he is OK.

DeRuggedProf:
This is exactly what happens when you buy shares in a notorious law firm like Oando, instead of cash dividends, you get credited with unending litigations.

SEC goofed big time. What would it cost them to invite oando to answer. It will not stop them from doing what they want to do. Its simple, call them and after their explanation you tell the its not a satisfactory explanation and then you do de needful.

I am beginning to think all this drama was planned. Court gives Order for reinstatement of Gwarzo as DG next day SEC takes funny decision on a report they have had in their possession for over a year. This thing will be in court for the next 10 year and nothing will happen to oando.

Yayira:
Mpeace you see yourself? Every time oil oil
Now someone thinks you’re Otedola.. Oya go and pay house rent

I don enter one chance.
The guy no even ask if na palm oil I dey talk about. Chai.
Disclaimer: Ayam not Otedola, Ayam not Tinubu, I no be Adeleke. I no dey sell oyel oh...
I be me oh, that guy wey done dey pay school fees for NSE since time immemorial.
For your house rent and other related matters see Oga 33 and loco.

Oil move today oh.

CashDiMkpa:
http://www.nse.com.ng/Financial_NewsDocs/26641_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JULY_2019.pdf

No so the thing dey take start o.....

lol. Access go soon buy all the dead banks in the world.

I thought the coach would make 5 changes as usual. That man just uses Nigeria to make money forgetting companies. I remember his try and error at the last would cup and am still wondering why the NFF still retained him. Its unfortunate but I doubt if Nigeria will survive today.

onegentleguy:
Yet another one from Mr Emiefula and crew !!

The shift...
There shall be merits and demerits with this new directive from the CBN.
Time to adjust, re-adjust, realign and quite possibly avoid certain coys.

In the banking sector, its time to weigh up risk assets benchmarked against loans for those whose liquidity weighting has been more loan driven, and earnings margin against asset quility and yield for those that have been largely investment driven.
Banks with higher NPL, lower CAR(from the aftermath of IFRS 9 implementation), higher CoF, lower Net Margin, ROAE and EM should be avoided. ...FBNH, UBN and UNITY readily comes to mind.
In contrast, I believe that ZENITH, FCMB, ACCESS, UBA, FIDELITY and GTB are the most favorably placed banks to withstand the consequence of this new directive.

Elsewhere, its going to be a new line of positive for some coys in certain sectors.
The FMCGs, OIL and GAS and to a lesser extent real estate. The INSURANCE sector will also indirectly reap from this.
With the 1st aforementioned sector, I like DS and FMN... but that's just me.

It is well.

Zenith loan to deposit ratio is just too low. 42% as at December 2018, meaning they need to give out loans in trillions before September. Access q1 2019 shows 52%(also lower than the threshold) Gtb full year 2018 stands at 56%. Fbnh stands below 50%.

But its not all bad for them all. Fidelity has 79% loan to deposit ratio. Fcmb equally has no problem in this regard.

In as much as I want to commend the CBN for a desire to improve liquidity and loan to the private sector, I also think they are too irresponsible in their approach.
Banks would always want to give out loans as long as they can easily be recovered. Loans actually give greater returns to banks than the government securities. But unfortunately, banks face greater risk from NPLs and high cost of time and money in recovering these loans.
If only the CBN can pursue policies that ease the process of loan recoveries, I believe banks would be encouraged to give out loans. Anything other than this would spell danger to banks from huge NPLs. Remember, many Nigerian investors collect loans with no plans to repay them.

Agbalowomeri:
Arithmetic difficult sha

lol. He meant 14.66%

stcool:
I should sell to you, when Olam will pay me N25

My average purchase price is 15.7. (Definitely high) I just want to average down. Is that too much to ask?

Its just my transcorp, fidelity and Access thats bowing to all these bloodshedding. My Wapco and dangflour are not doing any badly. Infact them dey coverup for their brothers.

I would like to know, why is dangflour not bleeding? All the wounjurerment in the house, yet the thing no want shake. Na was oh

I think foreign investors are waiting for the outcome of the presidential election petitions. Not just the PDP case.
The most dangerous case against buhari's election happens to come from the relatively unknown PDM. The party is claiming to have been unlawfully excluded from the ballot paper. If previous supreme court decisions on the exclusion of a party, are anything to go by, then we might just be facing the prospects of a rerun.
Foreign investors might want to wait for the outcome of all of these.

The guy above me need to be reported. He is breaking nairaland rule 16.

valentinenwoko:
have read Greagu power plc 2017 annual report, this company ought to be listed as a growth stock

Otedola has taken the company from FO and collected 65billion for the shell he left behind. The new owner will now balance and deal further with the hapless shellholders.
I doubt if he will list, but if he does it would be at a rate that guarantees he remains majority shareholder and still recoups all he spent in purchasing the power plant.