₦airaland Forum

Agbalowomeri:
Ololo never enter
Shebi you are getting 10% dividend yield. This one is just devaluation repricing. By the time the streets hear the %s that people have been making in the past 2-3 years, then we are just getting set

I think for now the increase in upward movement is partly due to the naira devaluation/increase in Foreign participation....
However the NGX/SEC 10% increase/decrease rule will reduce any downward spiral.
NFA/DYOR

ositadima1:
Crude oil belongs to Nigeria (unlike other businesses where there is a cost of goods), and it remains a major source of national revenue—even though Seplat does a good job of extracting and selling it.

How much did Oando pay in taxes.....oh ic they keep making loses!

bastardson:
So we should keep accumulating?

Wow I was just told to write at least 40 characters.

My Avg price is now 22.. bought some at 20.5 and another today at 21.80..

Investing is not a 100m dash.... It's a marathon!
ACCESS bank is not closing shop tomorrow!!
Continue to DYOR

megawealth01:
That Renaissance publication and others na story for another day on a serious note

Like the publication was already written waiting for the CBN press release....just joking o!

Sunrisepebble:
MTN is expensive at this price. Only maybe 10 or 20% gain left in it. Unless H1 result is far better than expected

Looks like the resolved issue of USSD/Airtime deduction between the banks and Telecos helped get it to this point!
It might also assist their profit going forward.

GeneralDae:
Oil prices keep climbing. May get to $80 per barrel soon. The world must be prepared.

Meanwhile.....according to Nairametrics:

Crude Becomes Nigeria’s Third Largest Import as Local Refineries Seek Foreign Oil

https://nairametrics.com/2025/06/17/crude-becomes-nigerias-third-largest-import-as-local-refineries-seek-foreign-oil/

Raider76:
No wonder, the oil marketers are panicking, holding meetings, and painting all sorts of doomsday scenarios if Dangote is allowed to set up his fuel distribution system.

Yeah the monopoly will be extra-ordinary until BUA completes his own refinery....these two guys go hold naija wella--see cement/food!
Shame on nnpc with four refineries!!
Anyways somehow things will work out for the masses

GeneralDae:
I swear. Some underestimate the benefits of this refinery because they expect it to bring prices down or improve the exchange rate.
I have been saying it that Dangote refinery may not massively boost the exchange rate because of low margins in the refining industry (whether he imports crude or buys in naira from Nigeria) but the chain effect on the economy (especially the petrochemicals), the jobs and energy security it provides and would provide at full capacity is priceless.

Exactly why we were shouting when the regulatory authorities were causing unnecessary trouble and corruptly supporting importers bringing in poor quality and cheap products!

Mpeace:
Chai see the man face. This man no dey chop Una company money. You pple should pls help him.
From his suit and tie you will notice that he is going through alot to make this company great.

Bros, one wise man said, do not judge a book by it's cover - though methinks you are joking!
Anyways oga pennystockwaffi...please do post the conversation here for those who may not be able to join

Mpeace:
Those guys are making cool money.

Dollar to naira conversion helping them make a kill.....some O&G Labour union try!

Streetinvestor2:
The business is not about emotions.If this is ur only shop .I advise you go get another shop before you become too personal to post

Emotions ke……are you kidding me? No please, your guy was just catching cruise
My Bros, no shaking because no matter what happens at the NGX, we will always SWAN!
NB: Methinks Aradel is a well managed company.

Streetinvestor2:
I won't touch it above #300.Thr are many better stocks in the market. The manipulation we know.That is why someone is offloading millions of the units on the floor. Why not cross deal with insiders or another big investor. It means it does not worth such price

We hear you.....OandO chief marketer, well done!

ositadima1:
I just received another alert from Seplat—this is the third time. What’s going on?

My Bros...plus May and B!
Did anyone also receive from May and Baker?
The kind of dividend alerts am receiving is kind of confusing but am very happy!!

Streetinvestor2:
I just open market. And everywhere na green
Is it the holiday for Friday and Monday dey cause this one.I surprise oh
I was expecting serious pull back today as people go need money to buy ram.

Na farm I go since morning as I am expanding my plantain farm

The stock market is always forward looking....
Remember they said macro is improving and the FG is also planning to take in billions - usd loans!

pluto09:
The auditing firm hates o and o too much

Is it hate?
Anyways every responsible and reputable auditing firm must protect themselves because the consequences are very severe if found wanting, knowingly or unknowingly!

megawealth01:
It will become the biggest bank in Africa if they are sincere with us shareholders

It will become the biggest bank in Africa the signs are all there.
It's unfortunate the loss of one of the chief architects but one is still here...
Keep the faith

Babygal2020:
Thanks boss. But can't I fill the forms online just like that of Stanbic IBTC?

FBNQUEST, FDSH etc. are seriously looking for customers and will be very happy to get you on.
Ensure you have all the required documents....We are proud of serious girls like you....please keep it up!
Send an email to FBNQUEST Customer Care: ccu@fbnquestmb.com

chimex38:
Thanks for the details and more insight.
I didn't know Dr. Mike Adenuga has a Stake in Silverlake.

However, with this, it means
Shareholding structure in Sterling Holding is:

Silverlake investment-->18.75%(25%-6.25%)

Dr. Mike Adenuga-->11.88%

Silverlake investment with 18.75% is still the Majority Shareholder(exclusive of Dr. Mike Adenuga).

Cc @Picky1

I dey follow you my Bros. Thank you!

Streetinvestor2:
Thanks
All those personal being paid suppose dey catch rat for that farm dey sell to raise better revenue.What are they really paying them to do..lol.This na q3 results. The journey still dey far oh as they are digging still down the hole
Thr salaries go soon become on I owe you note then stealing of farm animals and produce go start for survival. Then protest and panel beating of management

You eh.....persin no fit laff. We hear you sha!

[quote author=chimex38 post=135566724][/quote]Please do you have the result for Sterling Bank? Will be nice if you can post it here.
Secondly is Adenuga of GLO the majority shareholder?

emmanuelewumi:
Quite educative and informative.

Earning is an opinion, cash flow is a fact.

A business can't go down overnight, it must have shown signs at least 2 years before it collapsed. I guess holders were concerned about the price and didn't consider the value of the stock

FOMO is also a big headache...especially in the NYSE where the changes most times comes very fast/furious!!!

Mankind2024:
Nice one, however, the key principle of modern investing is building a shield of protection around your portfolio through diversification. I've implemented some strong shields of liquidity around my NGX portfolio:
- Treasury Bill Shield:
- FGN Bond Shield:
- REITs Shield:
- My NYSE portfolio, on the other hand, is shielded by:
- Warren Buffett's Oracle Shield, Berkshire Hathaway's class B
- Gold ETF Shield, hedging against market volatility
- Chinese Market Shield, diversifying into emerging markets
These shields have stood the test of time, with some weathering total market collapses. With this diversified portfolio, I expect my investments to withstand economic turbulence, such as the impact of no47 trade war 2.

Bros, which REITs are you holding? We have UPDCREIT - not bad so far especially for early investors!
Also which Gold ETF in the NYSE do you have/suggest?
Osita/guys...can anyone please talk about GOLDBREW (are they suspended?) bearing in mind DIAGEO exit/the consumer sector revival!
I thought the company will do well with all the hype on ssm about the Abia state guvnor - roads construction/electricity supply in his state!

GeeKudi:
This is a defeatist mentality and doesn't sound right at all. When did this case start? You mean these implied "enemies" of Fidelity bank made them sell a property against existing court order? They also hipnotised Fidelity Bank to allow the case get to the Supreme Court even after admitting wrong doings at the lower courts? Why is it so difficult to stay on the material points on an issue without spinning lazy conspiracies?
If you were Sagecom "or Sagemcom", wouldn't you have done like ten thansgivings already? but you want them to just let go because you think they are being instigated?
No matter how you look at it, a case like this is a big news material for media houses anywhere in the world and they are going to milk the case dry. The good thing is that the market has a mind of its own and we just have to see how it all plays out.

Bros, you are getting it wrong!
No one is saying they should not do their jobs but they should do it well.
Let the reporters or whatever they call themselves be objective and stay on the truth especially for sensitive stories that have greater implications for the economy - quoting unknown sources is bs!
FIDELITY have handled the case with sincerity of purpose and maturity.
I come in peace!!

KarlTom:
This people need to take a break.

You can't declare something that is STILL in court.

The said SC judgement was on the 7th May so how is it supposed to be in the AR 2024...

Wish they know the implications of what they are doing - something that can devastate the whole economy!
FIDELITY is not a one man business, employs many people across the nation making money for shareholders!!
Not much is known about this Sagecom or is it Sagemcom.....how many naija employees do they have?
Naija fake news reporters/immature politicians don't think at all and it's a shame

Mpeace:
Check very well. They paid in two transactions. One for 3.3 the other for 3.6. so you should get two alerts but both should sum up to N111

You are correct my brother!
The bank sent only one alert....logged in and saw the other transactions including WAPCO and LOCO's new found love - CHAMPION - bought long time ago!
NB: DD advised

Mpeace:
About N111 per share

Read Oga Street info today.....started checking calculations with this figure on SEPLAT and it is not adding up o!
Almost looking like what was used is 111/2 = 55.5 per share
Can you or anyone else please check again to confirm...Naija wahala no dey finish!

Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/44155_SEPLAT_ENERGY_PLC-ANNOUNCEMENT_ON_CURRENCY_EXCHANGE_RATE_FOR_Q1_2025_INTERIM_DIVIDEND_CORPORATE_ACTIONS_MAY_2025.pdf

Seplat oh. After collecting dividend today, they have released the exchange rate for yet another dividend pay out. Make them no use dividend take wound person oh.

Bros, please what is the total naira equivalent (3.6+3.3 = 6.9c) used for calculating the SEPLAT current dividend payment of today.
Thank you!

Agbalowomeri:
The jugular of FIDELITY

In other climes these type of issues are resolved carefully and quickly but naija.....
They should not let this FIDELITY issue bring down the whole NGX o!

Mankind2024:
There have been instances of companies trading at near-zero value before bankruptcy and eventual delisting. Most exchanges won't allow stocks to hit zero before delisting. A notable example is Lehman Brothers, which collapsed during the 2007/2008 global financial crisis. Its stock price plummeted 77% within 7 days from $86, followed by a final 93% plunge, leading to delisting from the NYSE and subsequent bankruptcy filing. The aftermath is well-documented history.

It happens a lot in the NYSE.... see NIKOLA!
It's really dangerous buying speculative stocks with the mind of an investor!!
Lesson no dey finish for stock market

megawealth01:
I need ARADEL to come down from that mountain 🥺

It's a good stock of value....one is never afraid to buy it at good entry points!
Well managed O&G companies like ARADEL may not find it easy for now due to global issues but in Naija ARADEL will be fine on the long run!
Not trying to convince anyone o.....diehard investors looks for their rainbow in the sky!
#CUTIX

GeeKudi:
But, PG said they got the gist from a source in the bank and Fidelity itself just openly flouted that order with their press release today.

Bros, what FIDELITY did is called transparency....refuting bad press from an unscrupulous journalist quoting an unnamed source in a very sensitive matter!
Unreasonable journalism can bring down the stock market due to domino effect - everyone starts running without knowing what the problem really is.
Anyways we see how it all pans out!
NB: I have FIDELITY in my portfolio

Streetinvestor2:
My first call after q1 results.
Buy oando
The days of #50 below is over
Three reasons that will make you chase oando above #100 soon
1.The results will be massive. If you noticed aredel said they made 40% above target production for just taking over aquired assets few months ago.Again oando trading our new sweet oil discovered
2 Oando will follow the results with share allotment of the redistribution

3.Announcement of second phase of redistribution in june

The remaining of this yr is for jijo and stocks that can deliver 100% within jijo .That means any new fund will go in this direction while the investment portfolio will only be seeing rebalancing/realigning to stocks that can increase cash flow by yr end

Bros how far? Oando no send....it does not let people SWAN!
Meanwhile NESTLE on FB!