₦airaland Forum

Mpeace:
With the whole fx gains and constant devaluation, they ought to pay that much. But the CBN won't have any of that. But we expect improved dividend payout this season.

It can sell at N50 to N60

Assuming inflation of 15% in 2021, 20% in 2022 and 20% in 2023.

The inflation adjusted dividend of Zenith bank in

2021should be about N4.65k

2022 should be about N4.20k

2023 should be about N3.70k.


Doubt if they can pay N4.00 in 2024

thebargainhunte:
What we experienced all these months is stock repricing due to devaluation not bull. NGX has been on decline mood since 2014 due to excessive devaluation. Imagine someone that invested in zenith bank stock in January, 2020 and he left his investment since then till now, the person must have incurred loss due to devaluation. Zenith bank closed at #21.15 on 28/01/2020 and our exchange rate was #305.9 to a dollar on that day. For the investor to recoup his capital value now at #1500 to a dollar, zenith bank should be trading between #80-#103.Our stock market was better during the time of Obasanjo, we had the biggest market capitalisation during his regime, then followed by Good luck. I think NGX might have the best capitalisation in this present government if they could bring down dollar to #800. I see zenith bank between 80-100 from now to January 2026 Below image is graphical representation of NGX capitalisation in terms of dollar.

Putting things in perspective , even the value of the ngx and stocks can be referenced in fcy

Why is reference to dollars so important , simply because it’s the number one currency for global trade and exchange , the most convertible also , it could as well be shown in any other stable currency that is widely accepted like euro , pounds , yuan , yen , Swiss francs etc , they are all a somewhat stable medium of exchange , another way to look at it , is foreign exchange intstead of just usd

One of the reason we reference foreign exchange is because it affects our purchasing power and even wealth standings , the reason a bag of rice is 80/85k today is because of devaluation and inflation even compared to ordinary cfa franc of benin Republic where a lot of rice is smuggled from . Why has prices of most goods and services gone up by 100 to 200 % since may last year since we only spend naira and references to foreign exchange is not important as some claim out of blissful ignorance ? .

If our individual revenues are static compared to devaluation and inflation , we are not in a good place . Even companies we follow on the nse constantly reference foreign exchange in there profit or loss reports , and most have increased prices of goods and services to reflect this increase in cost of fx .

With 1b outstanding share for presco, less than one billion outstanding share for okomu but ellahlakes with less assets has 2 billion outstanding shares and still working on a right issue. don't you think this will affect her earning potentials going forward? Can someone pls shade more light on this.

Happy weekend everyone.

https://newsdirect.ng/breaking-tinubu-holds-crucial-meeting-with-dangote-elumelu-others/?utm_source=operamini&utm_medium=feednews&utm_campaign=operamini_feednews

Dangote, Rabiu, Tony Elumelu, Wale Tnubu, etc

sky2891:
https://newsdirect.ng/breaking-tinubu-holds-crucial-meeting-with-dangote-elumelu-others/?utm_source=operamini&utm_medium=feednews&utm_campaign=operamini_feednews

Dangote, Rabiu, Tony Elumelu, Wale Tnubu, etc

Economic advisory team

sky2891:
https://newsdirect.ng/breaking-tinubu-holds-crucial-meeting-with-dangote-elumelu-others/?utm_source=operamini&utm_medium=feednews&utm_campaign=operamini_feednews

Dangote, Rabiu, Tony Elumelu, Wale Tnubu, etc

The same Oando Wale abi na another?

We will experience series of bull this year that will be triggered by Dangote (DF/Dangote refinery) Transcorp and Otedollar. Follow the money to avoid FOMO

Oando has presented exceptional buying opportunity for savvy, value investors

ProphetUtuocha:
Oando has presented exceptional buying opportunity for savvy, value investors

I bought at N13.80/N13.90. Think I'll just wait and see how things go.. Wale na one kind. Except there's positive rumour going round

ProphetUtuocha:
Oando has presented exceptional buying opportunity for savvy, value investors

You this ''Prophet'' must be careful not to mislead ''members of your congregation'' that still believe in your ''vision'' and ''prophecy''.
Always try and explain your coded messages or ''prophecies'' .
This Oando matter now, e get as e be.

iHaveMadeiT2:
We will experience series of bull this year that will be triggered by Dangote (DF/Dangote refinery) Transcorp and Otedollar. Follow the money to avoid FOMO

What does FOMO mean ?

BabsO2:
What does FOMO mean ?

Fear Of Missing Out

BabsO2:
What does FOMO mean ?

Fear of Missing Out.

What if OANDO goes back to below #10?

OANDO things dey long for explanations sha

No ding today ni?

Dingggg

Boshins:
No ding today ni?

The tone don change to dong

Even in a generally bearish market, Oando has exhibited strong resilience.

Bargain hunters will feast...

megawealth01:
What if OANDO goes back to below #10?

OANDO things dey long for explanations sha

Agbalowomeri:
The tone don change to dong

NASCON
Some swift picks.... up to 66.......
* Ahead of Sugar intra-day.....so far


FBNH
@34.10!!
The offers looks suspicious, like they lined it up for Cross Deals before now.......just say make I no too forward....
Another N1.1bn don enter the stock....

yMcy56:
NASCON
Some swift picks.... up to 66.......
* Ahead of Sugar intra-day.....so far


FBNH
@34.10!!
The offers looks suspicious, like they lined it up for Cross Deals before now.......just say make I no too forward....

Na so FBNH want to overtake Zenith? na wa o

vacanci:
Na so FBNH want to overtake Zenith? na wa o

No be only ZENITH self, make GTCo dey get ready.....lol.

A rally for DANGSUGAR imminent...

yMcy56:
NASCON
Some swift picks.... up to 66.......
* Ahead of Sugar intra-day.....so far


FBNH
@34.10!!
The offers looks suspicious, like they lined it up for Cross Deals before now.......just say make I no too forward....
Another N1.1bn don enter the stock....

Between presco and MTN at less than 230, which one will you buy currently and why.

Your contribution will be highly appreciated.

yMcy56:
NASCON
Some swift picks.... up to 66.......
* Ahead of Sugar intra-day.....so far


FBNH
@34.10!!
The offers looks suspicious, like they lined it up for Cross Deals before now.......just say make I no too forward....
Another N1.1bn don enter the stock....

That FBN eh... Na game of control dey happen sha

ProphetUtuocha:
Even in a generally bearish market, Oando has exhibited strong resilience.

Prophet Oando... Your spirit sha... Because of you may OANDO not disappoint sha

crownprince2017:
Between presco and MTN at less than 230, which one will you buy currently and why.

Your contribution will be highly appreciated.

I won't advise you based on any analysis but... I will suggest you get into MTN if you ever see it at below 200...

Of all my holdings... MTN has almost 15% of my portfolio and na for very long term...

I've been with MTN for years now

Note...

I don't have a single unit of PRESCO...

I only have OKOMU and ELLAHLAKES from that sector

KarlTom:
A rally for DANGSUGAR imminent...

Maybe after release of result things will be clearer....
Those guys are playing some games best known to them in the Market........but there are increased activities in the stock recently

crownprince2017:
Between presco and MTN at less than 230, which one will you buy currently and why

Me I'll go with MTNN
Reasons best known to me....
Sorry, I no go fit shalaye at the moment

It's like people are tired of waiting for d almighty DanFood to arrive!!