₦airaland Forum

BrokerHaruna:
https://www.dailytrust.com.ng/breaking-nigeria-may-slide-to-another-recession-cbn.html

Why won't they slide into another recession when CBN guvnor and coy were busy cracking brain, looking for 115billion to plug the hole in their financials.

Its that account cooking we are talking about and they think FOREIGN INVESTORS are blind

MTNN is a GAME CHANGER

For those comparing MTNN dividend yield with other stocks,

MTN GROUP is a global BRAND that don't cook their financials like most public quoted coys do in NSE. So its like camparing APPLE with ORANGES.

like I said earlier FOREIGN INVESTORS will comfortably buy MTNN at $1 than leave their fund in other poo called stocks.

Their parent coy MTN GROUP currently trades at 10000 Rands per share which is equivalent of N250000 Naira per share.

Above all (most 90%) fund leaving other stock to take position in MTNN are for LONG TERM so they AIN'T coming back anytime soon..

And its already happening at our very own eyes .Ask yourself how many coys in NSE will be able to pay fine of N330bllion and still stand FIRM.

That's why I said if coy CEO don't sit up and make their shareholders happy. We will wake one day to discover NIGERIA STOCK MARKET (NSE) renamed MTN STOCK MARKET (MSE)

"THINGS will NEVER remain the SAME "

*ThE OcToPuS*

RabbiDoracle:
At N200? That means that Charlie boy is still with his switch

Over 110m units of MTN worth over 14.5billion traded today.

NSE TOP GUNS. FOREIGN INVESTORS. GOVERNMENT PARASTATALS BANK CEOS. POLITICIANS. STOCK BROKERS. LOCAL INVESTORS all chasing MTNN.

PETERiCHY:
Most top shots are selling their blue-chip stocks at great loss just to have a bite of MTNN.and most of those funds ain't coming back.

Things will NEVER remain the SAME.

Wapco on full OFFER @#9:20k
Zenithbk spotted @#19:50k
Uba spotted @##5:95k
Access spotted @N6:00k
Fidelity @#1:66k
FCMB @#1:60k
You can add yours

MTN EVERYWHERE YOU GO.

Things will NEVER REMAIN THE SAME

PESSIMISTIC BARGAIN HUNTERS RIGHT NOW

RabbiDoracle:
UBA PAT

Q1 2019 = N28b+
Q1 2018 = N23b+

H1 2018= N43b+

Are you saying that in second quarter 2019, UBA can't make N15b to be equal to half year 2018 of N43b+?

Barring unforeseen circumstances, UBA can easily make N15b in 3 months as PAT.

So stop spreading misinformation just because you want people to subscribe for your lecture for a cash token.

Most people here know the average PAT banks generate as a minimum. So one can easily extrapolate and get what half year and 9M and possibly full year will be.

Remember TONY is an EXECUTIVE CHEF

LOCO looking for how to join MTNN train.

rebekah2011:
My cash is already burning on the NSE. MTN is not going anywhere, they are here to stay. Etisalat never got to make the type of returns MTN RSA is making. Oyebode is no longer the Chairman of Access Bank. If you see MTNN buy later, please buy it, Sir.

If Tritri see MTNN cross deal at N200 he will gladly accept with both hands.

rebekah2011:
Oga Peterrichy, the prices of stocks on the NSE has no bearing on the figures pushed out by the Coys. Wetin concern Dangote Cement and Zenith Bank with NSE

Most top shots are selling their blue-chip stocks at great loss just to have a bite of MTNN.and most of those funds ain't coming back.

Things will NEVER remain the SAME.

rebekah2011:
Dividend yield of MTNN is now below 10%. So what is really the attraction again? It is not my cash that MTNN will use to repay their fine.

We are talking of CAPITAL FLIGHT.

MTN GROUP is the biggest brand in Africa and FOREIGN INVESTORS are ready to stalk BILLION of DOLLARS in it than any shit in NSE.

By the time 50% of fund in NSE start chasing MTNN you will see that most viable COYS in NSE will revaluate their dividend yield while the moribund one will pack up.

Just like the scenario of NITEL before the advert of GSM.

As things stands now MTNN is now the new KING of the JUNGLE watchout for REPRICING of coys that has been cooking their books from time immemorial.

*ThE OcToPuS*

https://www.forbes.com/sites/mfonobongnsehe/2019/05/19/meet-the-6-largest-individual-shareholders-in-mobile-telecom-giant-mtn-nigeria/amp/

With a market capitalization north of $6 billion, MTN Nigeria becomes the second largest company on the Nigerian bourse after Dangote Cement which has a current value of more than $8.3 billion.

MTN chose a listing without an IPO, simply opting to list its existing shareholders’ equity. Its current stock price is N108 per share. The paperwork it filed for its public listing also reveals who the biggest individual shareholders are.

Even though most of them on this list have used their MTN shares as collateral for humongous loans according to a highly placed Nigerian banking executive who confided in this reporter, these are the 6 richest shareholders of MTN Nigeria.

Victor Odili
Value of Shares: $244 million

Pascal Dozie
Value of Shares: $102 million.

Sani Mohammed Bello
Value of Shares: $80.1 million.

Babatunde Folawiyo
Value of Shares: $66.1 million.

Gbenga Oyebode
Value of Shares: $55 million.

Ahmed Dasuki
Value of Shares: $53.75 million

Over 50m units of MTNN shares worth over N6billion has exchange hand @ N119:75k so far.

One funny thing about this MTN listing is its seriously queezing liquidity from other equities.

Which inturn will make other coy CEO's to sit up and make their shareholders happy else in no distance time NIGERIA STOCK MARKET will become MTN STOCK MARKET.

Other stocks right now

MTN right now

MTN on Wednesday said the listing price was set 90 naira, determined from private over-the-counter share deal by existing shareholders over the past six months. It has said it would list 20.4 billion shares on the Nigerian bourse. The price values the telecoms company at 1.84 trillion naira ($6 billion).

MTN, owned 78.8% by South Africa’s MTN Group, has been one of the main beneficiaries of Nigeria’s push to liberalise its economy over the past two decades. But it has come under increased pressure from the government to boost local ownership.

The company also said the Nigerian unit will raise debt, adding that the total level rose 44% to 252 billion naira ($823.66 million) in the first quarter.

“This is just the beginning, we still intend to pursue a future public offer giving more Nigerians greater access to the MTN opportunity,” Ferdi Moolman, chief executive of MTN Nigeria, said.

MTN decided to list its local company in Nigeria in 2016 after agreeing to pay a $1.7 billion fine to settle a SIM card dispute with the government. Earlier, the company said it planned to list in the first half of 2019.

The company said capital expenditure in the first quarter, rose to 63 billion naira, the bulk of which went to upgrade its network, up from 18 billion naira same period last year.

Service revenue grew 13.4% to 282 billion naira in the first quarter, driven by a rise in voice and data income and the addition of 2.1 million mobile subscribers.

Earnings before interest, taxes, depreciation and amortization (EBITDA), a measure of operating profit, reached 150.4 billion naira ($492 mln) in the three months to March 2019, up from 123 billion naira a year earlier, MTN said.

MTN said it targets a dividend payout ratio of at least 80% of its net income in the medium term.


https://www.cnbcafrica.com/news/west-africa/2019/05/15/what-you-need-to-know-about-mtn-nigerias-plans-to-list-shares-in-lagos-in-6-bln-flotation/amp/

PETERiCHY:
When MTN finally come on board I will careful monitor their share price for 6months and if I'm convinced by year end i will liquidate ALL my investments in the MONEY MARKET and move into it.

We all know TELECOMS still have a very long way to go but I dry fear Nigeria MAGO MAGO

MTN MAGO MAGO is finally here
DONT BE TRAMPLED in the STAMPEDE.
BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
It's seems you are scared of BUHARI NEXT LEVEL and we still have 4yrs and 3months to Go. So fasten your SELTBELTS and watch out for ALL TIME YEAR LOW.

It's only PESSIMISTS that will benefit from this regime while the OPTIMISTS will bit off their fingers.

BUHARI already told his subjects to EXPECT TOUGH TIMES AHEAD before he retires to DAURA.

Welcome to THE NEXT LEVEL.

*ThE OcToPuS*

SMART TRADERS fasten you seat let's patiently ride the BEAR.
DONT be carried AWAY by the BUY BUY noise.
Because the MARKET will TANK like NEVER BEFORE which in turn will offer a FRESH OPPORTUNITY for WEALTH TRANSFER.

PATIENCE is KEY

*ThE OcToPuS*

PETERiCHY:
The SLOGAN use to be SELL IN MAY and GO AWAY.
But with this BUHARI NEXT LEVEL. it will now be SELL in APRIL and RUN AWAY.

NEWBIES take note!
Those that has ears let them hear.
*ThE OcToPuS*

I made the above post 2mths ago March 11 to be precise.

REMINDER....This just a tip of the ICEBERG

tritritri:
Am still surprised why a FBN go dey trade at 7.25 and zenith dey trade 19.80.

With this CBN leaked audio conversation ZENITH BANK will trade below N10. they are birds of same feather.

Bookmark this post.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

otokx:
Hope this Emefiele Audio release will not in anyway impact the stock market negatively?

So if you are a foreign investors and you heard that CBN is looking for 120billion to plug a hole in their account, Won't you run and ask question later

Deadlytruth:
What goes around really comes around.
I recall when Sanusi Lamido set for Bank PHB, Spring Bank and Afribank a recapitalization deadline, and while shareholders and boards of those banks were busy making highly spirited efforts to find interested foreign investors amidst consideration of rights issue or other forms of strategy, he just one day woke up from the wrong side of his bed two clear months to the deadline and withdrew their licences all of a sudden. When asked why such preemption, his excuse was that he had seen it ahead that they would not be able to meet up with the deadline even if allowed to elapse. Talk of a man who couldn't obey a rule he made entirely by himself without any one else's input. He was just too arrogant all through his tenure as CBN governor. He frequently lost focus and delved into politics while on seat even as CBN boss.
That brazen act of lawlessness on his part eroded about 35% of my portfolio value. But here we are today with 80% of Sanusi's Emirate eroded from under him by Ganduje in a similar manner.
What a small world!

SLS committed that sacrilege on Aug 5th 2011. whereas he gave Sept 31st 2011 as deadline for bank recapitalisation. Myself lost a fortune in BANKPHB.

Following the creation of four new emirates by Kano State Governor, Abdullahi Ganduje, the Emir of Kano's daughter, took to Instagram to bare her mind.

In the post which has, though been taken down but reposted by her sister, Princess Fulani Siddika, Shahida described Governor Ganduje as "Kano's worst curse"

In yet another post, Shahida wrote "The moment a king decides to restrict himself for fear of losing power, he dethrones himself..."

Obviously in agreement with the whole post, Fulani Sidikka, wrote:

"I don't have anything more to say actually! My sister said it all"

https://www.everyvibes.com.ng/2019/05/Ganduje-Is-Kanos-Worst-Curse-Sanusi-Daughter-Princess-Shahida-Sanusi.html
Emir Sanusi’s son, Adam Lamido Sanusi (Ashraf) who spoke on the splitting of Kano Emirate that has sparked controversy lately, has stated that it will only stand if the governor’s motives were pure.Emir Sanusi's son who spoke on the splitting of Kano emirate via Instagram, revealed that his father was being attacked because of his blunt stance on issues.

His post reads in part;

Do not hate anyone because they favour the other as they may not fully comprehend what is happening. Let us be fair, let us work hard at our own lives and pray Allah handles the rest. Between the Emir and the Governor whoever is right, we pray succeeds, my father speaks what is on his mind when he believes he should, I do not believe he is wrong for this. If he is dethroned/ reduced in status then I still wish that for my people, you get a right and just leader like him. If he is increased I still wish that he continues to be just. May Allah give us the best of outcomes for our people. Ameen.


https://unclesuru.com/2019/05/11/emir-sanusis-son-speaks-on-splitting-of-kano-emirate-says-he-wants-the-best/

*Monarch May Face Court Action Over ‘Questionable’ Spending
*How Ganduje Presented Sanusi with 3 Options Gov: *New Emirates Can’t Be Reversed

The creation of additional emirates in Kano State on Wednesday may not be the last turbulence coming the way of the Emir of Kano Muhammadu Sanusi II, as an ongoing probe by the state government’s anti-corruption agency could lead to charges being filed against the monarch, Daily Trust on Sunday has gathered.

https://www.dailytrust.com.ng/more-troubles-for-emir-sanusi.html

So SLS children should better stop complaining,
It's now their turn to taste the bitter pill of INJUSTICE their father arrogantly melted to Nigeria & Nigerians during his reign as CBN boss.

STOjo:
While I agree with your position and feelings on how Sanusi scattered Oceanic and my beloved Intercontinental bank. Intercontinental actually transform the banking system in Nigeria to a level then. However, I disagree with what Ganduje is doing but let's wait and see the outcome.
I thought Ganduje should have learn from his in-law, the constituted authority. Well, let's wait and see.
Afterall, "Gambari pa Fulani o lejo inu" i.e. Wetin concern Chukwudi with Aboki's fight, na family matter.

Cecelia ibru rightnow

Abdullahi Ganduje, governor of Kano state, has appointed four new emirs in the state.

The appointment comes 48 hours after he assented to a bill to split Kano emirate into five.

The new emirs are Aminu Ado Bayero (Bichi), Ibrahim Abdulkadir (Gaya), Tafida Abubakar (Rano), and Ibrahim Abubakar (Karaye).

https://www.thecable.ng/breaking-ganduje-appoints-new-emirs

10yrs ago Sanusi with his arrogant nature was busy BALKANIZING the banking sector to the detriment of SHAREHOLDERS and BANK STAFFS.

Today KARMA opened his BOOK and his kingdom is BALKANIZED

Mpeace:
I need dat reversal pass una. Abeg send it.

Like i predicted earlier for one to succeed in this NEXT LEVEL era,
Just be PESSIMISTIC.
SAFE GUARD your FUND in the MONEY MARKET then PATIENTLY wait for a LIFETIME BARGAINS else you are on your own.

This just a tip of the ICEBERG

*ThE OcToPuS*

Michael11stock:
Zenith looking scary it is well ooo

BARGAIN HUNTERS patiently waiting for ZEEBEE @#16 junction

kolaish:
He is busy putting together the sacrifices to appease the gods he offended while running commentary on transcorp rally

cc:peterichy

LOCO somewhere rightnow

If LIVERPOOL can beat BARCA 4:0 to overturn a 3:0.deficit in a CHAMPIONS LEAGUE semifinal match.

That means that's hope for UNIONDAC to pay dividend this year.

Messi right now

Nobodyperson:
Barcelona loses this match lemme not wake up tomorrow morning.

Hope you've taken your last supper



Meanwhile
Messi right now

locodemy:
what r you talking abt?

Even the Lucifer himself can't stop Transcorp from flying......

#5 is a sure bet.

TONY and his TRANSCORPSE shellholders.

BARGAIN HUNTERS TAKENOTE!

tritritri:
Loko average down at 1.13 likewise me . We have nothing to worry about. No be people buy zenith at 25 and now na 20 dem never kill demself ooh.

When TRANSCORPSE was on full bid @#1:34 with over 40m units I advise LOCO to SHOOT if he wanna SHOOT. culled from a movie scene @(The good the bad and the ugly.)

Instead to heed my advice he boasted and personallly invited LUCIFER. Out of annoyance LUCIFER appeared and cleared all the BIDS in one swoop.

The rest is history
LOCO rightnow

PETERiCHY:
The CAT SCENERIO you painted is EXACTLY what TONY and COY is planning to do to TRANSCORSPSE ORDINARY SHAREHOLDERS.

They DEFINITELY device a WAY to CIRCUMVENT their ORDINARY shareholders.

I see people already making N5 projection .You think they will fold their hands and watch you chop power money don't worry you go chop fire

WALE, OANDO and CONOCOPHILLIPS comes to mind

a WORD is ENOUGH for the WISE.

*ThE OcToPuS*

In TIMAYA voice

"When the time is right my brother 'ehhhh
Telli person telli person ooh
Dem no dey telli person.

When your eyes go clear.
Telli person dem no dey telli person.
ehhh telli person."


TRANSCORPSE passengers rightnow

locodemy:
what r you talking abt?

Even the Lucifer himself can't stop Transcorp from flying......

#5 is a sure bet.

Like I said yesterday TONY and his team of COWBOYS will do everything within their jurisdiction and power to CIRCUMVENT the ORDINARY SHAREHOLDERS.

If it warrants dragging TRANSCORPSE price down to 20k or even SHARE RECONSTRUCTION in order to ACHIEVE their MISCHIEVOUS AIM they will do it. .

So DON'T EVER dare the COWBOYS

robobo:
i beg u do Transcorp like thisssss
that person na wicked soul oooooo
y is he trying to sabotage this rally naaaaa

I warned LOCO not to invoke VILLAGE PEOPLE but he threw caution to the wind