Moody’s Downgrades Seplat, Two Others
https://businesspost.ng/economy/moodys-downgrades-seplat-two-others/

Naira Redesigning: Finance Minister Warns of Consequences
https://businesspost.ng/economy/naira-redesigning-finance-minister-warns-of-consequences/

Stock Market Loses 1.60% as Dangote Cement, Honeywell Top Losers’ Chart
https://businesspost.ng/economy/stock-market-loses-1-60-as-dangote-cement-honeywell-top-losers-chart/

Access Holdings Posts N906.9bn Revenue, N300bn Profit in Nine Months
https://businesspost.ng/economy/access-holdings-posts-n906-9bn-revenue-n300bn-profit-in-nine-months/

Zenith Bank Customer Deposits Swell to N8.04trn in Nine Months
https://businesspost.ng/banking/zenith-bank-customer-deposits-swell-to-n8-04trn-in-nine-months/

onegentleguy:


Exceptional SCF and BS position!
Earnings already quadrupled (ref: 4.1x) in the 9 months (ending Sep, 30) compared to the preceding yr.

We have already highlighted the immense value accretive potential in GSK before now.
Reminds me of WAPCO @ N9 before the rise to over N30.
This coy will surprise a lot of folks!

BUY... ACCUMULATE... HOLD!

Enough said.

- Accumulation for more than 3 years
- Ranging between 4.50 - 7.10
- With strong fundamental; Support @onegentleguy: BUY... ACCUMULATE... HOLD!
- Good asset for 1 - 2 years
- Can price dip below N5 for a good entry OR smart monies will push price from current price?

It has been a while. Good to see this post.

dipoolowoo:
Moody’s Downgrades Seplat, Two Others
https://businesspost.ng/economy/moodys-downgrades-seplat-two-others/

Naira Redesigning: Finance Minister Warns of Consequences
https://businesspost.ng/economy/naira-redesigning-finance-minister-warns-of-consequences/

Stock Market Loses 1.60% as Dangote Cement, Honeywell Top Losers’ Chart
https://businesspost.ng/economy/stock-market-loses-1-60-as-dangote-cement-honeywell-top-losers-chart/

Access Holdings Posts N906.9bn Revenue, N300bn Profit in Nine Months
https://businesspost.ng/economy/access-holdings-posts-n906-9bn-revenue-n300bn-profit-in-nine-months/

Zenith Bank Customer Deposits Swell to N8.04trn in Nine Months
https://businesspost.ng/banking/zenith-bank-customer-deposits-swell-to-n8-04trn-in-nine-months/

Happy birthday OGG @onegentleguy

thesilentone:
Happy birthday OGG @onegentleguy

Happy Birthday OGG,Many More Beautiful Years Ahead.

https://nairametrics.com/2022/10/30/access-bank-offshore-operations-contribute-84-of-group-profits/

Access Bank offshore operations contribute 84% of group profits.
Are profits reducing from the Nigerian unit?

Toun2nl:
https://nairametrics.com/2022/10/30/access-bank-offshore-operations-contribute-84-of-group-profits/

Access Bank offshore operations contribute 84% of group profits.
Are profits reducing from the Nigerian unit?

There is nothing wrong with this....80% of apple sales comes from overseas. In fact all the multinational firms in the United States over 60% of their sales comes from overseas. This estimates are still growing as the firms keep expanding; entering new markets.

This is one of the advantages of a Free Market

It is interesting how tech is worth more than energy. More so, how d USA dominates d world.

If d usa implodes, assuming our fine NSEMPA analysts are right, who will take its place? China? India? Russia? Nigeria?

ositadima1:
It is interesting how tech is worth more than energy. More so, how d USA dominates d world.

If d usa implodes, assuming our fine NSEMPA analysts are right, who will take its place? China? India? Russia? Nigeria?

China, ofcourse.

Who is this updc that is sending dividend to my account almost every month?!
It seems to be tempting me to buy more.
Such a phenomenon is likely to ho far.

MANSARD
Interim Dividend declared........ Mansard also joined the league of Interim Dividend payers.....

Interim Dividend: 0.06k
Qualification Date: 23rd November, 2022
Payment Date: 9th December, 2022
Registrar: Datamax
https://doclib.ngxgroup.com/Financial_NewsDocs/37121_AXA_MANSARD_INSURANCE_PLC%20AXA_MANSARD_CORPORATE_ACTION.pdf

This must be a sign of affirmation to increase my position for the long

yMcy56:
MANSARD
Interim Dividend declared........ Mansard also joined the league of Interim Dividend payers.....

Interim Dividend: 0.06k
Qualification Date: 23rd November, 2022
Payment Date: 9th December, 2022
Registrar: Datamax
https://doclib.ngxgroup.com/Financial_NewsDocs/37121_AXA_MANSARD_INSURANCE_PLC%20AXA_MANSARD_CORPORATE_ACTION.pdf

This week on the podcast, we chat with Mr Eric Akinduro (Chairman, Ibadan Zone Shareholders Association) about The role of Shareholders Associations and Shareholder Activism.

We discuss benefits of joining a shareholder association and how they pursue positive change in public companies.

Thanks for listening.

https://anchor.fm/value-nigeria/episodes/73-Shareholder-Associations-Activism-A-chat-with-Mr-Eric-Akinduro-e1pv76e

yMcy56:
MANSARD
Interim Dividend declared........ Mansard also joined the league of Interim Dividend payers.....

Interim Dividend: 0.06k
Qualification Date: 23rd November, 2022
Payment Date: 9th December, 2022
Registrar: Datamax
https://doclib.ngxgroup.com/Financial_NewsDocs/37121_AXA_MANSARD_INSURANCE_PLC%20AXA_MANSARD_CORPORATE_ACTION.pdf

I had expected that by now Mansard would have delivered after reconstruction why is the stock price at bottom

thesilentone:
Happy birthday OGG @onegentleguy

Thank you bro!

Do take care.

Slimdove:


Happy Birthday OGG,Many More Beautiful Years Ahead.

Thanks bro.
...I wish you even more!

Regards

https://doclib.ngxgroup.com/Financial_NewsDocs/37145_INTERNATIONAL_BREWERIES_PLC%20_QUARTER_3_%20_FINANCIAL_ST.pdf

INTBREW Q3 2022

sky2891:
https://doclib.ngxgroup.com/Financial_NewsDocs/37145_INTERNATIONAL_BREWERIES_PLC%20_QUARTER_3_%20_FINANCIAL_ST.pdf

INTBREW Q3 2022

Just saw the report and in minutes, over a dozen fellows have sent me messages expressing their concern with the negative NPM in Q3.

Here's what you should know;

It was a poor 3 months report, but better performance over the course of the year. (remarkable improvememt in 9-months compared to the preceding yr)

Like other coys in the sector (GUINESS, NB) It was difficult to maintain their Q2 growth trajectory due largely to variable cost-related inputs.
However, magt was smart enough to follow through with a nDFC to mitigate fx-induced risk on future repayments while maintaining an aggressive delaveraging push.
Again, there's the huge investments in capex. (ref: over 58% jump/outflow from previous yr guide)

I am strongly bullish on INTERBREW.
My bet is on this one!
I still LOVE what I see in the their SCF and BS.

The progress made is remarkable!
This might actually be the last opportunity to align with INTERBREW.
Q4/YE report will open people's eyes to what I've been saying about this coy.

For those in; HOLD and be overprotective of your stake.
But pls FEEL FREE to sell off your stake if you so desire.
We shall look to ACCUMULATE more from those who might want to focus only on the coys SPL without due consideration to SCF and BS.

I'll repeat what I said in time past;
Buying INTERBREW @ N5 is like purchasing a bottle of Grand Malt for <N30.

Again, BUY... ACCUMULATE... HOLD!

CAVEAT: Due diligence still applies as always.

The folks in INTBREW are selling first then asking questions later this morning - very predictable reaction to the latest report

onegentleguy:


Just saw the report and in minutes, over a dozen fellows have sent me messages expressing their concern with the negative NPM in Q3.

Here's what you should know;

It was a poor 3 months report, but better performance over the course of the year. (remarkable improvememt in 9-months compared to the preceding yr)

Like other coys in the sector (GUINESS, NB) It was difficult to maintain their Q2 growth trajectory due largely to variable cost-related inputs.
However, magt was smart enough to follow through with a nDFC to mitigate fx-induced risk on future repayments while maintaining an aggressive delaveraging push.
Again, there's the huge investments in capex. (ref: over 58% jump/outflow from previous yr guide)

I am strongly bullish on INTERBREW.
My bet is on this one!
I still LOVE what I see in the their SCF and BS.

The progress made is remarkable!
This might actually be the last opportunity to align with INTERBREW.
Q4/YE report will open people's eyes to what I've been saying about this coy.

For those in; HOLD and be overprotective of your stake.
But pls FEEL FREE to sell off your stake if you so desire.
We shall look to ACCUMULATE more from those who might want to focus only on the coys SPL without due consideration to SCF and BS.

I'll repeat what I said in time past;
Buying INTERBREW @ N5 is like purchasing a bottle of Grand Malt for <N30.

Again, BUY... ACCUMULATE... HOLD!

CAVEAT: Due diligence still applies as always.

Buy yi noni!

Agbalowomeri:


Buy yi noni!

Cowboys not ready to move Seplat down
Series of 99,000units at N1100

Agbalowomeri:


Buy yi noni!

U too like VAWULENCE

onegentleguy:


Just saw the report and in minutes, over a dozen fellows have sent me messages expressing their concern with the negative NPM in Q3.

Here's what you should know;

It was a poor 3 months report, but better performance over the course of the year. (remarkable improvememt in 9-months compared to the preceding yr)

Like other coys in the sector (GUINESS, NB) It was difficult to maintain their Q2 growth trajectory due largely to variable cost-related inputs.
However, magt was smart enough to follow through with a nDFC to mitigate fx-induced risk on future repayments while maintaining an aggressive delaveraging push.
Again, there's the huge investments in capex. (ref: over 58% jump/outflow from previous yr guide)

I am strongly bullish on INTERBREW.
My bet is on this one!
I still LOVE what I see in the their SCF and BS.

The progress made is remarkable!
This might actually be the last opportunity to align with INTERBREW.
Q4/YE report will open people's eyes to what I've been saying about this coy.

For those in; HOLD and be overprotective of your stake.
But pls FEEL FREE to sell off your stake if you so desire.
We shall look to ACCUMULATE more from those who might want to focus only on the coys SPL without due consideration to SCF and BS.

I'll repeat what I said in time past;
Buying INTERBREW @ N5 is like purchasing a bottle of Grand Malt for <N30.

Again, BUY... ACCUMULATE... HOLD!

CAVEAT: Due diligence still applies as always.

With what is coming, everyone must file into stocks las las. Holding cash isn't an option anymore.

Severe inflation will finish cash and bond holders.

Food or equities. People must choose one or both.

thesilentone:
@RabbiDoracle, do you think the trigger for the banks to the upside could happen when they collectively resist the deductions imposed by the CBN?

I don't know about the resistance to deductions.

I'm only buying to avoid holding cash. Because I have seen that cash has no purpose in an inflationary environment. Better I continue to get cashflow through dividends and spend that cash than holding just cash.

At a point CBN and other central banks will not be able to raise rates as inflation spikes. This will be the "siddon - look" moment for them.

RabbiDoracle:


With what is coming, everyone must file into stocks las las. Holding cash isn't an option anymore.

Severe inflation will finish cash and bond holders.

Food or equities. People must choose one or both.

Oga Oracle, with rising inflation, the stock market is expected to tank, People are more likely to move more into fixed income instruments.

I expect the market to tank heavily this November/December. There will be post-election bounce in February for a couple of weeks after which ASI for year 2023 is expected to end on a negative note. I think a longer term approach is more realistic.

Agbalowomeri:


Oga Oracle, with rising inflation, the stock market is expected to tank, People are more likely to move more into fixed income instruments.

I expect the market to tank heavily this November/December. There will be post-election bounce in February for a couple of weeks after which ASI for year 2023 is expected to end on a negative note. I think a longer term approach is more realistic.

Fixed income is fixed earnings. 15% interest vs 20% inflation rate.

If inflation goes to say 80%, will interest be raised to 80%? Answer is no. So where inflation keeps going higher, higher interest rates will cripple businesses. So CBN will do nothing and just siddon dey look. Examples where central banks are currently sitting down and nothing (as regards saving rates/interest rate) as inflation continue to grind higher can be seen in Turkey, UK, EU, Japan etc. So when it gets to that point, financial repression starts where your money loses value rapidly (low interest rate on deposits, constant depreciation of local currencies). So the people will have to find ways to grow their money and that will be buying commodities that people must eat, use, wear or they are stuck with cash.

That is why people rush into buying cars, houses, equities of companies that produce things, gold, silver.

Agbalowomeri:


Oga Oracle, with rising inflation, the stock market is expected to tank, People are more likely to move more into fixed income instruments.

I expect the market to tank heavily this November/December. There will be post-election bounce in February for a couple of weeks after which ASI for year 2023 is expected to end on a negative note. I think a longer term approach is more realistic.

As could be seen globally, USD is strong and that is having effect on already high stock Western market thereby causing a sharp decline. When rate hikes destroy businesses and cause financial instability amongst Western financial institutions, Fed and other central bankers will actively step in and save all the institutions as could be seen in the case of Credit Suisse, UK pension, Japanese companies, Chinese institutions. And when USD starts to fall against all other currency pairs, remember that inflation is still rising and this will exacerbate the inflationary pressure. This will create huge inflation in the US. Where will the citizens keep money? Back into the stock market!

At these period, stock rise gets very aggressive. And when Fed comes back much later to raise rates again, stock falls aggressively.

Unfortunately, we may be stuck in this environment till 2029. A yo-yo movement in and out of inflation just like in 1970s.

It is usually a decade of myriads of events. As one finishes, another starts.

So having a plan will be beneficial and go a long way to helping you make money during financial repressive environment like this.

My 2 kobo.

NAHCO
On full bid despite the lull situation in the market.....
Guess it's not unconnected with the attached....

**Not any form of advice**

Agbalowomeri:
Oga Oracle, with rising inflation, the stock market is expected to tank, People are more likely to move more into fixed income instruments.

I expect the market to tank heavily this November/December. There will be post-election bounce in February for a couple of weeks after which ASI for year 2023 is expected to end on a negative note. I think a longer term approach is more realistic.

Well-done sir.
At least I can read a stock related contribution from you after a looong while instead of criticizing someone else's own....

Oga Agba no vex o. Just dey talk Wetin my eyes see.

Loco abeg borrow me your skating shoe make I take commot from here fast.....

Happy birthday @OneGentleGuy also known as OGG. Wishing you good health, long life, grace and favour as you celebrate the new years ahead in joy and happiness.