₦airaland Forum

ositadima1:
Give it time; the price will come down as the exchange rate drops, Shebi one analyst said that 1,000 naira per dollar is the the sweet spot , Also, the pressure on dollar reserves will ease, and hopefully, crude production will increase to offset the dollar lost by selling part of it in naira. I believe in the next six months to a year, we will see the naira appreciate.

rmx:
https://nairametrics.com/2024/10/09/again-nnpc-raises-petrol-price-in-lagos-abuja/

Petrol prices have gone up today again , yet crude supply is now in naira , game wey clear since

aj8:
Thank you for the information. This voids my earlier recommendation.

Thank you for drawing my attention to this.

emmasoft:
@bastardson, from you questions I will advice you to get knowledge first. Take some time to learn don't rush.
Don't prepare for marathon race with sprint approach.

aj8:
Can I please have the link to the above information

aj8:
LASACO cleared for take off based on the strategy. Buy if you can.
1.7x2 x4 = should comfortably do 100% . Target will be 4.00 for now and reappraise as we edge up.


Due diligence still necessary should incase we’ve missed something important.

essentialone:
What will be the implications?

Sunrisepebble:
Aradel owners Phase 2

emmanuelewumi:
Control your emotions and you will be a better investor

ojeysky:
Qualifications date for bonus is Jan 2024? Na wa o

megawealth01:
There Will Be Jail Time For Employers Who Don't Pay New Minimum Wage - FG

https://punchng.com/private-employers-paying-below-n70000-risk-jail-fg/

Tofa24:
You seem to not properly understand how the stock exchange works. Transcorp as a group is an investment company, however, this doesn't mean that subsidiary entities cannot have assets that justify a higher valuation than the main Group company.

Streetinvestor2:
I don't think it maybe that straight. Geregu has 2.5 billion os and transcorp is 7.5 billion. And geregu has little floating. I don't think Tony can control the float of transcorp like ote.We wait to see shareholders structure of TPP

emmanuelewumi:
EPS of N218, from 80 million outstanding shares. Now it is about 7 billion or thereabout

KarlTom:
Year 2022 was clearly stated. And from the 2022 AFS, there were no outstanding shares...

Yes! The 2024 EPS will be diluted but does that water down the comparative analysis with GEREGU? NO!
See the bigger picture...

Locotrader:
Oga better for them to allot shares for shareholders as they did in ucap and Afriprud than Transcorp to own 51% of the power.How much dividend do you think shareholders will get in their 51% holding considering the huge os?
51% ,Tony and his group will still embezzle as admin expenses.

currentprice:
No need to shout out every stock is a winner and eveybody is a guru at this period

let me call my oga out below

Agbalowomeri:
Na Janet remain

stcool:
Did you read the article?

"It said the performance in November last year when compared to the same period a year earlier revealed that total transactions increased by 188.3 percent.

“In November, the total value of transactions executed by domestic investors outperformed transactions executed by foreign investors by circa 52 percent,” the NGX said.

A further analysis showed that total domestic transactions increased by 22.2 percent from N187.6 billion in October to N229.3 billion in November.

Total foreign transactions increased by 113.9 percent from N33.4 billion (about$36.8 million) to N71.4 billion (about $75.8 million)."

megawealth01:
Thanks for this deep question... Abeg more hints needed urgently

emmanuelewumi:
I don't think so.

But when results start coming in, weak companies that are selling at ridiculously high prices will be punished by the market.

Yoast:
The problem with Transcorp is can it pay dividends to sustain current price/rally? I guess those in the bus already will rather follow the money than bother themselves with such questions now

phadriz:
The fact that it works for you doesn't mean it is the best, some people may just jump at loan because of little rally on a stock, hence my reason for caution. The other time someone was lamenting that he converted all his money to $ and the exchange rate fall. The Zenith example you cited was during Covid-19 when the market was down which is good example to encourage people to take loan for shares, I also cited an opposite situation for people to be cautious. If you kill greed in investment you will never regret any investment decision, you build wealth, you don't acquire it overnight, unnecessary aggressiveness always lead to tears.

Nigeria Brewery in the past used to be one the best performing stocks on dividend and price appreciation with good fundamentals, what happen sometimes ago? Imagine if one take loan to buy FBN and Femi Ote$ decided to exit today, what do you think will happen? Those that bought Intercontinental and PHB in the past did due diligence as well.

emmanuelewumi:
Okay

kolaish:
Good result from Zenith. As at yesterday, the Q3 ranking of banks according to PE ratio is as shown below. Please note that FCMB audited Q3 result is still with their grand father (CBN) for authentication; I suspect interim dividend from FCMB though...
CMP - Current Market Price
OS - Outstanding Share
PAT - Profit After Tax
EPS - Earning Per Share
PE - Price Earning ratio

kolaish:
Good result from Zenith. As at yesterday, the Q3 ranking of banks according to PE ratio is as shown below. Please note that FCMB audited Q3 result is still with their grand father (CBN) for authentication; I suspect interim dividend from FCMB though...
CMP - Current Market Price
OS - Outstanding Share
PAT - Profit After Tax
EPS - Earning Per Share
PE - Price Earning ratio

Streetinvestor2:
How my oga.that was not the rates I saw on the last TB announced. Pls can you share the a picture. I remember I saw something less than 13 percent and lost interest

emmanuelewumi:
Dangote Foods should be able to do at least N150 in the next 6 months

Streetinvestor2:
chairman, what do you think we should expect from your fellow chairman alhaji as per his dangota food. Should we be expecting surprises and shocks either positive or negative

wanaj0:
Abeg let me enjoy my newbie status in peace ooo

Happy 63rd Independence in advance