₦airaland Forum

megawealth01:
God help Nigeria

AFRICA'S LARGEST ECONOMIES - 2014, 2023, 2024

2014
1 🇳🇬Nigeria: $568.5 billion
2 🇿🇦South Africa: $381.2 billion
3 🇪🇬Egypt: $321.6 billion
4 🇩🇿Algeria: $238.9 billion
5 🇦🇴Angola: $145.7 billion

2023
1 🇪🇬Egypt: $393.9 billion
2 🇿🇦South Africa: $377.7 billion
3 🇳🇬Nigeria: $374.9 billion
4 🇩🇿Algeria: 244.7 billion
5 🇪🇹Ethiopia: $159.7 billion

2024 - Estimated
1 🇿🇦South Africa: $373.2 billion
2 🇪🇬Egypt: $347.6 billion
3 🇩🇿Algeria: $266.8 billion
4 🇳🇬Nigeria: $252.7 billion
5 🇪🇹Ethiopia: $205.1 billion

#Statisense
(IMF WEO Apr 2024)

Raider76:
Market will reopen today and the journey to our goals will resume. May we all achieve our objectives this year insha Allah.

RodgersAkpafu:
incompetent government
that's all I see

modupeshow:
Please has anyone received his/her bonus shares for VFD?

dapix:
Ding

modupeshow:
Please has anyone received his/her bonus shares for VFD?

onegentleguy:
N40+ ...to be precise N40.50 based off the CMP of N202.9 in view of the coys large cap status. The script estimate equates to N40.58 though. [ref: 202.9/(4+1)]
Management may also decide to round off that figure and list @ N40.60

It is well

onegentleguy:
VFD listed @ N40. 60 as expected.

Now on our watchlist!

onegentleguy:
VFD listed @ N40. 60 as expected.

Now on our watchlist!

modupeshow:
Please has anyone received his/her bonus shares for VFD?

yMcy56:
It can't be that fast ....
Will possibly be after AGM....
The good thing is that SEC already approved it, so it shouldn't take much longer than necessary.

Lol. Its understandable why you wanted it to be added fast. They better make it fast ooo because of the markdown opening price .....
* More importantly, their MM needs to wake up from their slumber...

** In the meantime, try and watch out for price movement and average it down for now.

modupeshow:
Hmmmm, I get it. Thank you so much for this information sir.

onegentleguy:
Like CHAMS, I recall stating in clear terms why this insurance coy and by extension, a few others will go places, even when it was practically stationary @ 20k. (same way with Regal In, STI, Mbenefits, Cornerstone, CHI, Lasaco, Linkage etc)

Here this;
When it's time of reckoning, VeritasKap will push up the "Chams way'.
Perhaps, some persons are yet to see their recent spate of financial prints. (notice the outstanding astronomical improvement in EM, LR, CR and I/SGR)

Those who subscribed to my outline/recommendations and investment guide--Series 1, will also recall how they were guided to align with VeritasKap @ 30--31k
They were also informed about the golden insurance 6 (6 insurance asset names) to align with for maximum CGY.

Given the present macroeconomic trend (ref: high rate environment) and it's drop down positive impact on stocks in the financial services sector, some insurance and investment coys are clearly well positioned to deliver higher nets.

Investment gains is expected to drive higher NPM. (also a pivotal reason for the improved margins/earnings across healthy coys in the insurance sector)
Many are also doing appreciably well in their core business of insurance.

I did highlight time and again, that that sector is worth a 20--25% exposure for any growth and/or value investor.

From a fundamental point of view, certain key insurance names are still a strong BUY @ their CMPs (ref: >>an outperform rating for...)

We will see how Mr Time takes charge of matters. Everyone knows "I love that man".

Again, pls do not interpret this as any sought of investment advice.
Due diligence is still adviced as always.

Regards

onegentleguy:
Seems "VERI" has decided to wear it's "KAP"!
Might sweep the supply-side liquidity @ it's 52-W high and create a new one.
....it's a mid term play!

#growthplusvalue

It is well.

SonofElElyonRet:
But why has mutual benefit been stagnant for a while ?

stcool:
Whats the news on Vertas Kapital?

megawealth01:
Did you buy REGAL?

I called it here when it was begging at 0.31-0.32

SonofElElyonRet:
Bought it much earlier when it was like 39k / 40k

megawealth01:
Well you are still in good gains as it touched 0.50

Mpeace:
Fellow members of the Access family. Shebi una remember say we dey on rights issue. I no understand why una no dey ask how ina go take up all una rights. Or are you all sleeping on your rights like me?

Mpeace:
Fellow members of the Access family. Shebi una remember say we dey on rights issue. I no understand why una no dey ask how ina go take up all una rights. Or are you all sleeping on your rights like me?

Mpeace:
Fellow members of the Access family. Shebi una remember say we dey on rights issue. I no understand why una no dey ask how ina go take up all una rights. Or are you all sleeping on your rights like me?

crownprince2017:
Presco 200? you are a day dreamer. There must be a really bad news to get presco at 200 again.something that will hit 500 if the q1 result is sustained.

megawealth01:
Tantalizers Plc secures N1.07 billion through fully subscribed private placement

https://www.google.com/amp/s/nairametrics.com/2024/05/08/tantalizers-plc-secures-n1-07-billion-through-fully-subscribed-private-placement/%3famp=1