vacanci:


Boss, i found this on simplywall street

This guys are too much.Don't play with thr topnotch valuation skill. Try check thr valuation for other companies.Na when you see alhaji foods #100 you go swear for them.what is thr valuation for alhaji cement. You they joke with moves and shakers of naija economy

Streetinvestor2:
On a serious note.The award for the most useless stock goes to AIICO insurance.

One of the problem AIICO has is the overbloated outstanding share of over 36.6bn compared to Sunu & custodian that have just over 5.8bn outstanding shares. Mansard was able to navigate this with their share reconstruction of 4:1 about 2 years ago. However, AIICO has good products that generates income for them. They are the official insurer to some airlines like Ibom air and ValueJet, they charged 1k for insurance for every passenger on flight. Going forward, I still think AIICO has the potential to make good return for shareholders that can be patient enough.

Presently, in terms of price earning ratio (PE) in the insurance sector, it is as follow:

Cornerstone - 1.7
Mansard - 2.7
Sunu - 2.7
AIICO - 4.6
Custodian - 10.45

Streetinvestor2:
This guys are too much.Don't play with thr topnotch valuation skill. Try check thr valuation for other companies.Na when you see alhaji foods #100 you go swear for them.what is thr valuation for alhaji cement. You they joke with moves and shakers of naija economy

#139.25 for dangote cement, they are very good o.

Streetinvestor2:
This guys are too much.Don't play with thr topnotch valuation skill. Try check thr valuation for other companies.Na when you see alhaji foods #100 you go swear for them.what is thr valuation for alhaji cement. You they joke with moves and shakers of naija economy

Lol. If you follow Simply Wall stock valuation, you'll end up picking wrong stocks and miss the good ones out.

If you check what the valuation is for UCAP, you'll laugh.
They don't have sufficient data to base their valuation on most times.

kolaish:
One of the problem AIICO has is the overbloated outstanding share of over 36.6bn compared to Sunu & custodian that have just over 5.8bn outstanding shares. Mansard was able to navigate this with their share reconstruction of 4:1 about 2 years ago. However, AIICO has good products that generates income for them. They are the official insurer to some airlines like Ibom air and ValueJet, they charged 1k for insurance for every passenger on flight. Going forward, I still think AIICO has the potential to make good return for shareholders that can be patient enough.

Presently, in terms of price earning (PE) in the insurance sector, it is as follow:

Cornerstone - 1.7
Mansard - 2.7
Sunu - 2.7
AIICO - 4.6
Custodian - 10.45

It looks you they follow insurance companies. I wrote Meristem registrars yesterday. No reply.Do you know if international energy insurance ever did reconstruction of thr shares since they came into operations. I have searched and can't find any thing. I want to know why my shares reduced from 500,000 to 103,000

Pls anyone with info,thanks

vacanci:


Boss, i found this on simplywall street

I'm not an expert but if you factor in prrsent reality of inflation dang sugar should not be less than 24 naira

CUSTODIAN

Classic averaging up

https://doclib.ngxgroup.com/Financial_NewsDocs/47_Custodian_Investment_Plc_Notice_of_Share_dealing_by_Insider.pdf

Streetinvestor2:
It looks you they follow insurance companies. I wrote Meristem registrars yesterday. No reply.
Pls anyone with info,thanks

Resend the mail and put below mail in copy as well.
tumininuakinlami@meristemng.com

The Registrar also has the duty to inform you about these things.

kolaish:
One of the problem AIICO has is the overbloated outstanding share of over 36.6bn compared to Sunu & custodian that have just over 5.8bn outstanding shares. Mansard was able to navigate this with their share reconstruction of 4:1 about 2 years ago. However, AIICO has good products that generates income for them. They are the official insurer to some airlines like Ibom air and ValueJet, they charged 1k for insurance for every passenger on flight. Going forward, I still think AIICO has the potential to make good return for shareholders that can be patient enough.

Presently, in terms of price earning (PE) in the insurance sector, it is as follow:

Cornerstone - 1.7
Mansard - 2.7
Sunu - 2.7
AIICO - 4.6
Custodian - 10.45

Why were they even giving bonus like mad people. The kind bonus I received from them is unbelievable. In one of my account I saw over 2M units of bonus

yMcy56:

Resend the mail and put below mail in copy as well.
tumininuakinlami@meristemng.com

The Registrar also has the duty to inform you about these things.

I just did that,thanks

thesilentone:
CUSTODIAN

Classic averaging up

https://doclib.ngxgroup.com/Financial_NewsDocs/47_Custodian_Investment_Plc_Notice_of_Share_dealing_by_Insider.pdf

Follow the moneybags. If you know, you know!

Streetinvestor2:
I am a business man.I don't sell my goods at loss.And whr it renders services we charge to stay in profit and pay expenses associated with the business

I luv hero stout. When dollars was 700 plus.I buy it from local bar 500.If I had save dollars at 700 plus and sell at 900 plus.And go and buy my hero stout now at #800.Has the dollars really helped my ministry. Abi I will never convert back the dollars to naira to spend

I'm sorry, but how can you love Hero stout sir? That thing tastes horrible and it doesn't do anything for me. It's a weak stout. Guinness or Legend for the win!

Smartest thing I did weeks back was liquidating all my Naira assets on the NSE and eslewhere and just jejely buying USD at circa N770. Holding Naira stocks for the long-term, no matter how well they perform over time is always a bad idea especially for folks like us who have a lot of usd-denominated expenses.

Streetinvestor2:
It looks you they follow insurance companies. I wrote Meristem registrars yesterday. No reply.Do you know if international energy insurance ever did reconstruction of thr shares since they came into operations. I have searched and can't find any thing. I want to know why my shares reduced from 500,000 to 103,000

Pls anyone with info,thanks

IEI did series of share reconstruction and created additonal shares as well since 2007. They did a share reconstruction of 1 for 3 in 2007 and 1 for 5 in 2013.

Streetinvestor2:
It looks you they follow insurance companies. I wrote Meristem registrars yesterday. No reply.Do you know if international energy insurance ever did reconstruction of thr shares since they came into operations. I have searched and can't find any thing. I want to know why my shares reduced from 500,000 to 103,000

Pls anyone with info,thanks

Yes IEI did share reconstruction I think in 2012.
I don't have details right now but I know they did.
https://allafrica.com/stories/201309180235.html

Lion123:


I'm sorry, but how can you love Hero stout sir? That thing tastes horrible and it doesn't do anything for me. It's a weak stout. Guinness or Legend for the win!

Lol,I love to petronize my company. I have plenty afolabi units of IB.On a good day Guinness extra smooth is my best.

That is why I dey vex with IB results because I and my friends they help thr ministry well as per thr products

emmasoft:


Yes IEI did share reconstruction I think in 2012.
I don't have details right now but I know they did.
https://allafrica.com/stories/201309180235.html

@kolaish pls help me get exact info so I can do the maths.@ emmasoft pls thanks for you info. Pls help with the exact ratio/yr/link.i know you be insider
This wr investment I did the yrs I was paying sch fees anyhow. I just got reply from Meristem. They are asking for cssc statement of years ago which I don't have.i was keeping records then in writing as per analog era.This whr secondary market transactions. IF not that madam mentioned IE.I no dey check that book because e dey vex me to see some of the transactions in it

GSK
More bids than offers today......
Anyone with update pls share.

DANGSUGAR
Also reversing up from low of 32.40........sighted @33 so far....
Quite a lot of cross deals @33........

TRANSCORP..….
Something is happening behind curtains here......

** That magical stock is still doing well in market........over +150% gain......
At least no one mentioned or "MH" this one here.......and it's still doing fine in market.......

* Cornerstone.......making us proud again.....

yMcy56:
GSK
More bids than offers today......
Anyone with update pls share.

on full bid now

yMcy56:
GSK
More bids than offers today......
Anyone with update pls share.

Keeping it within N9, probably nobody wants to buy more than N10

Its like some people have gotten some information.
They just cleared all the offers and sent it to FULL BID

yMcy56:
GSK
More bids than offers today......
Anyone with update pls share.

Streetinvestor2:
@kolaish pls help me get exact info so I can do the maths

You may wish to check page 70 of the link below
https://www.ieiplcng.com/wp-content/uploads/2017/02/2014.pdf

yMcy56:
GSK
More bids than offers today......
Anyone with update pls share.

Are they paying above #15?

thebargainhunte:
Are they paying above #15?

Nobody has any genuine insider news yet......but it's currently on full bid @10.10...

Finally FBNH AGM is around the corner. When others are about to pay Interim. Please any update from UBA?

vacanci:


Boss, i found this on simplywall street

You better sell immediately

emmanuelewumi:




You better sell immediately

Pa Emma Savage!

emmanuelewumi:
You better sell immediately

Lol. If he should sell this one, na OYO he dey ......
Something wey long termers go take hammer well well.......

kolaish:
You may wish to check page 70 of the link below
https://www.ieiplcng.com/wp-content/uploads/2017/02/2014.pdf

Thanks alot bro,that does the maths.i saw another 15000 units in another account beside the 500,000 units.

See how I take they lose money when it had value. Imagine something I bought #4plus...God dey,dey sa na poor man prayer

Camoready:
Finally FBNH AGM is around the corner. When others are about to pay Interim. Please any update from UBA?

No news yet.Them and Access they are waiting for CBN's approval to release their result as stated in their last comminique

https://doclib.ngxgroup.com/Financial_NewsDocs/39221_UNITED_BANK_FOR_AFRICA_PLC-APPROVAL_OF_HALF_YEAR_2023_ACCOUNTS_CORPORATE_ACTIONS_AUGUST_2023.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/39084_ACCESS_HOLDINGS_PLC-APPROVAL_OF_GROUP_INTERIM_AUDITED_FINANCIAL_STATEMENTS_FOR_JUNE_2023__CORPORATE_ACTIONS_JULY_2023.pdf

emmanuelewumi:




You better sell immediately

I placed a buy for small afolabi unit at #32 since morning they no allow me buy oh.i don't understand why they are not selling

SEPLAT
- Chains of 90k units @1680.....