₦airaland Forum

Wapgod:
It doesn't affect their ability to make money

In Nigeria Na.

If they try these in the US, multiple law suits will force the management to resign

yMcy56:
SEPLAT
Up with 10%......N110
Now @N1,210..

UNIVERSAL INSURE
lots of volume @20k since yesterday.....
Fantastic Q4.....
Don't know why the stock still remains @20k, the Coy is doing well.......

FIDELITY
Seems to be coming out of pullback again.....

UNIVERSAL INSURE should move let me jump out

Zegra:
Is this a developing story? Could you please shed more light on this.

https://dailynigerian.com/alleged-data-breach-zenith/
Alleged data breach: GT, Zenith banks under investigation, says Nigerian govt.

I hope this data breach at GT and Zenith won't affect their share price.

Coolcash1:
Guinness is warming up for another run. Don’t say you were not told.

GTCO expect pull back around N26 to shake out weak hands. Final destination before a major reversal is N34.

CWG (this is current price’s baby). I checked out the chart and looked pretty decent. It is also setting up for a run.

Oando might need to retest previous low before continuing its upward movement.

Abeg make I stop here.

This Guinness result is not encouraging.

https://doclib.ngxgroup.com/Financial_NewsDocs/37457_GUINNESS_NIG_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_.pdf

yMcy56:
Come and clarify this.....

JULIUS BERGER NIGERIA PLC UNAUDITED FINANCIAL STATEMENTS FOR THE FOURTH QUARTER ENDED DECEMBER 31,2022
EARNINGS PER SHARE (N) 5.47
PROPOSED DIVIDEND (K) 6.17

CAP

emmasoft:
Breaking news

MPC raise rate to 17.5%
This is good news for mutual funds

For stock not very good news but the market always have a mind of its own, most times positive sentiments can over power economic analysis and vice versa. We see ut in recent past where increase in rate could not stop the rally that started since December 2022

Investment House Stocks like UCAP, Custodian, Stanbic and co will benefit from this.

onegentleguy:
Breaking news!

The MPC continues on its hawkish/contractionary stance for the 5th consecutive time.
Summary...

>> Increase in MPR by 100bps (1%) to 17.5%.

>> Retaining the asymmetric corridor at +/-(100-700)bps around the corridor

>> Hold on the CRR @ 32.5%

>> Retaining the Liquidity ratio @ 30%

Interesting how all 12 members were inclined to adopting a contractionary stance with one member even proposing a 150bps increment.

It is well.

Money Market Fund on demand right now

Ephemmm:
Hello House,

One of my investments on I-invest platform expires today. It is N1.5m investment in short.

I have been hearing about dollarization of cash as one of the means to mitigate depreciation in the value of naira and I don't have a clear-cut knowledge on how to go about it. I also learnt it helps while buying car(s) or if someone intends to migrate out of this country.

A knowledgeable somebody should please help to throw light on how to go about this please.

Dollar funds are USD funds (Eurobonds and co).
You need to have A Domiciliary account and a minimum of $1000 to start.

The advantage is that you earn interest in USD, which is a good edge against Nigerian inflation.

thesilentone:
Cross deals in FBNH. Impressive volume

FBNH has been geting loads of Cross deals since December

Another FBNH Cross deal

*OFF MARKET TRADE*

A total of *192,500,000* units of *FBN HOLDINGS PLC* was done as *OFF MARKET TRADE* today *3RD JANUARY, 2023* at *N12.00* in *one deal*. The deal was a negotiated deal by *FBNQUEST SECURITIES LIMITED* (seller) and *APEL ASSET LIMITED* (buyer).

There are rumors that MTN won't be paying the Bonus anymore.

It is that true?

halmeyd:
Yeah, France was awarded a penalty in the 7th minute of 2006 world cup final, converted by Zidane with an audacious panenka.

lancee:
Latest Tbills auction results not looking good ..Think few banks div yield are better

Since 2016 T-bills have been unattractive.

Nkanlolaa:
Is Our Saviour's real name Jesus The Christ or Yeshua Hamasciach? And explain why.

Very simple right!
Unfortunately it is not so simple as there has been debates coming up of recent concerning this matter but I will leave you guys to answer the question first. Remember you must explain why you think it's either of the two names you picked.

YES.

JESUS is the English translation for Iesusu( greek).

Most Jews have both Hebrew and Greek names.

https://www.premiumtimesng.com/news/top-news/569649-dantatas-mrs-gave-nnpc-300-million-to-acquire-chevron-asset-to-receive-over-four-year-oil-supply-in-return.html

UBN Alarts

Ginalex:
Please when is the last qualification date for the NB's 1 for 4 bonus issue?

Tuesday 6th December

propertyhunter1:
That was never a penalty.

It was.
The hand changed the ball direction

9free:
My brother you no sabi wetin dey.
The worst thing to do now in Abuja is to drive at night.
All the metallic lids of manholes within and around the city have gone missing thus causing fatal accidents here and there as motorists bump into them unknownly.
E be like say those "baban bola" boys for Abuja dey read your posts for NL

Almost all the manhole lids on Lagos have been removed.

BabsO2:
He has been alerting about the decline since long and been doing his best to execute existing CBN policies for fx earning through export drive and import substitution. And shouted earlier this year that NNPC is remitting nadding o. And there was a little back and forth from NNPC. Now the new NNPC has kuku come out saying their new way now is not to credit CBN reserves but keep everything. And if they declare a profit it will still not go to CBN reserves but I think finance ministry. So Emefiele cannot keep mum with this new twist. He needs to start shouting so that people go hear.

The said NNPC is no longer a government agency.
CBN governor allowed himself to be manipulated since 2015, why is he talking now?

yMcy56:
Don't really know.......but can only wish them all the best.
Maybe they could have spoken with the Registrar to know the way out of it sha.

My concern is that, TITAN plans to own 100% of UBN shares. They bought all the majority shareholders out, so why would a tashere minority holder wants to keep holding unto it?
What if they end up forfeiting those shares?
Did you consider such option as well??
Did you read thru the MTO offer document??

CC: Obagadaffi

Well, this MTO looks fraudulent.

I remembered Dangote Flour/OLAM MTO, I didn't fill out any form, OLAM just bought all our Dangote Flour and paid us the agreed amount.

yMcy56:
Why not speak with Cardinal Stone or send mail?
I sent them a mail and they were responsive and did so on time too.

I sent them mail for some units, but I still few units left.

Wapgod:
Yes

I will hold my small remaining units.

Wapgod:
Union bank will be delisted from the NGX and be listed on NASD.

So my shares with Union Bank will still remain intact with TITAN BANK on NASD?

beejay1:
Hello House, Please what happens if I dont take up the 'takeover' offer made for union bank shares by Titan bank? Are they converted to Titan bank shares?

Having the same question.

ositadima1:
Berger paint @ below 6 is a good bargain. In my opinion d company will fare d way of Vitafoam once they get a couple of things right.

It has had its revenue going up year after year without carrying d bottom line along with it. I hope dey can cut cost of sales and be more efficient. Debt is managed very well.

One problem, it is not liquid.

Below 5 is better bargain

52 WK Low
5.7

52 WK High
8.35

Wapgod:
In addition, you can request for a CHN merger from your stockbroker if you have two or more existing cscs account with different CHN.
They will give you the requirements and the amount you are to pay to cscs or your stockbroker bank account.

This is the best option, since most brokers will automatically give you new CHN and CSCS numbers when you open a new account.

yMcy56:
NB PLC
Up with +10%.....N4.10...
On full bid @N45.35

Due to the Bonus and Dividend news.

thesilentone:
If you have CSCS Subscription, please login and check your portfolio, something is not quite right with mine (first issue since I subscribed). I've gone from double digit companies to just one

Laughter is my only reaction

Really ?