₦airaland Forum

Streetinvestor2:
what will be Os of aradel when listed

4.34b OS

GeeKudi:
What's the volume of OS coming to the NGX? and what's the anticipated listing price?

4.34b OS and price at #702.69/share

Q1. ₦101.3 > ... $0.08

H1. ₦480.7 > ... $0.29

Every mallam to his kettle...

unite4real:
0.06usd is around N98/99.

I doubt this amount will be paid as dividend.

What's their EPS in their most recent report. Is it even up to N25 for H1? What will be the payout ratio?

KarlTom:
I doubt it.

The structure and their financials are solid.
There's more to TRANSPOWER than we know especially wrt TRANSAFAM...

Don't sidon look o, ARADEL has the markings of another SEPLAT
Every mallam to his kettle

We used to buy Seplat below ...
N500 back in the days... inffact N300 plus
It took them solid 10 years to get to this junction...
Aradel will go thru its own learning curve too...
Maybe a short or longer period..
Sincerely ...its not just a simple walk in a park..
There are risks....major ones... Regulatory... political....exploration ....market etc
I assure u ..there will be good moments to pick it up along the way...
It has never been a straight line move in this stock biz.

KarlTom:
I see ARADEL doing ₦2000 easily.
Likewise, I believe that SEPLAT will do a share split by/before Q1 2025.
OandO will do many things largely dependent on the results...

How. I think the fair value should be between N1000 and N1200.


N2000 bawo

emmasoft:
Movement of stocks between exchanges (NASD TO NGX and vice versa) Using Aradel as an example

Please note that the listing of Aradel on NGX on Monday 14 October 2024, will not automatically move your Aradel holdings from NASD cscs to NGX cscs account. It's the company that moved not your holdings.

To move your holdings from NASD cscs to NGX cscs, you must do a demat of your holdings through your broker. The process involves you filling a demat and transfer forms and submitting same to your stockbroker. The process attracts a fee.

Your stockbroker will in turn send those forms to the registrar of Aradel - Coronation. The registrar sends your holdings to cscs Plc who in turn credits your NGX cscs account.

This process takes some time depending on all the parties involved.

So if you wish to sell the Aradel you bought on NASD this week or at any time, this is the process you have to pass through.
The same process occurs if the movement is the other way round e,g 11 Plc from NGX to NASD.

The above is the process as of Friday 11th October, 2024. If the regulators have changed it due to some request by investors, it will be confirmed in the days ahead.

Let's be well guided.

If your holdings is currently on NASD and your NASD cscs is with Investment one, kindly contact customer care for a guide.

This process does not make sense.

When I opened my NASD account many years ago, NASD and CSCS used to have different Clearing House Numbers.

The CHN of NASD starts with letter D, while that of CSCS starts with letter C.

But now, NASD and CSCS accounts have the same Clearing House Numbers.

In fact investors who subscribed to CSCS online, can view all their investments ie shares and bonds in different stockbroking houses onNGX and NASD and the total valuation of the investments.



NGX is a major shareholder of both CSCS, FMDQ and NASD

More on capital gain tax

Value of shares sold should be N100 million and above.

It will be on shares bought and sold within a year and below.

Shares bought with loans are excepted. I am sure this will be reviewed

KarlTom:
Q1. ₦101.3 > ... $0.08

H1. ₦480.7 > ... $0.29

Every mallam to his kettle...

This may not be based on the new 4.34B outstanding shares. Check properly.

This is about 68% earning per share if you relate with the share price of N702.

No oil company in Nigeria doing this. Not even 20%. So look very closely so there is no misleading. Perhaps the report may be based on a smaller outstanding shares.
What you should do is to do your own due diligence by dividing the profit after tax with the current OS of about 4.3B units so you can see if you will arrive at what you posted

Attached below is Q1 2024 and H1 2024 reports on a flash

For Q1
N22B pat divide by 4.344B OS will give u less than N6 EPS for Q1 if u use the current OS.

For H1
N101B pat divide by 4.344B OS gives around N24 EPS

Let's not run the way of Caverton

Do ur thing urself

emmanuelewumi:
This process does not make sense.

When I opened my NASD account many years ago, NASD and CSCS used to have different Clearing House Numbers.

The CHN of NASD starts with letter D, while that of CSCS starts with letter C.

But now, NASD and CSCS accounts have the same Clearing House Numbers.

In fact investors who subscribed to CSCS online, can view all their investments ie shares and bonds in different stockbroking houses onNGX and NASD and the total valuation of the investments.



NGX is a major shareholder of both CSCS, FMDQ and NASD

Exactly what shareholders are trying to point out to regulators. We hope it worked out. Perhaps this Aradel's case will be pioneer to the automatic process. I remember the wahala I have to pass through for my 11 Plc and ASL that was on my NGX cscs to reflect on NASD when the two companies delisted from NGX. I expected the stocks to be on my NASD cscs account automatically but it was not so. I have to go through the process I just described.

KarlTom:
Q1. ₦101.3 > ... $0.08

H1. ₦480.7 > ... $0.29

Every mallam to his kettle...

I think what you posted here was the EPS before the share split.
The current os cannot give you that eps.

It's correct (up until 15 Sept '24)

This was calculated using OS of 217,242,218 (4,344,844,360 ÷ 20).

However, I understand that this disclosure should be included to avoid misleading many...

unite4real:
This may not be based on the new 4.34B outstanding shares. Check properly.

This is about 68% earning per share if you relate with the share price of N702.

No oil company in Nigeria doing this. Not even 20%. So look very closely so there is no misleading. Perhaps the report may be based on a smaller outstanding shares.
What you should do is to do your own due diligence by dividing the profit after tax with the current OS of about 4.3B units so you can see if you will arrive at what you posted

Attached below is Q1 2024 and H1 2024 reports on a flash

For Q1
N22B pat divide by 4.344B OS will give u less than N6 EPS for Q1 if u use the current OS.

For H1
N101B pat divide by 4.344B OS gives around N24 EPS

Let's not run the way of Caverton

Do ur thing urself

Yeah. This result was released BEFORE the stock split...

pluto09:
I think what you posted here was the EPS before the share split.
The current os cannot give you that eps.

KarlTom:
It's correct (up until 15 Sept '24)

This was calculated using OS of 217,242,218 (4,344,844,360 ÷ 20).

However, I understand that this disclosure should be included to avoid misleading many...

That's true.
Reason we are here to share ideas and help each other.

Thank you. I have been looking for that old OS figure actually.

emmaodet:
4.34b OS

thank you for the info.

KarlTom:
Q1. ₦101.3 > ... $0.08

H1. ₦480.7 > ... $0.29

Every mallam to his kettle...

With the same 4.3bn OS?

Modified. I have now seen subsequent clarifications.

emmanuelewumi:
Value of shares sold should be N100 million and above.

It will be on shares bought and sold within a year and below.

Shares bought with loans are excepted. I am sure this will be reviewed

It means that there is no direct deduction. Individuals would be liable to make returns themselves

I got this excellent aradel/seplat analyses from facebook. This guy does exceptional stock analysis. I think he is worth following. I do not know if he is here.

unite4real:
This may not be based on the new 4.34B outstanding shares. Check properly.

This is about 68% earning per share if you relate with the share price of N702.

No oil company in Nigeria doing this. Not even 20%. So look very closely so there is no misleading. Perhaps the report may be based on a smaller outstanding shares.
What you should do is to do your own due diligence by dividing the profit after tax with the current OS of about 4.3B units so you can see if you will arrive at what you posted

Attached below is Q1 2024 and H1 2024 reports on a flash

For Q1
N22B pat divide by 4.344B OS will give u less than N6 EPS for Q1 if u use the current OS.

For H1
N101B pat divide by 4.344B OS gives around N24 EPS

Let's not run the way of Caverton

Do ur thing urself

Thanks for this headup.That is plus/minus #50 by yr end

The PE of this saplet and aradel na die compared to other sound stocks in different sector like presco and total even banks. Presco should have forward pe of 6 .3 and total 5.6.The banks are on scary low level. Saplet forward pe will be 27.6 and aradel 14.58

Streetinvestor2:
The PE of this saplet and aradel na die compared to other sound stocks in different sector like presco and total even banks

Debt and FX losses are also part of the game...

Streetinvestor2:
The PE of this saplet and aradel na die compared to other sound stocks in different sector like presco and total even banks

Debt and FX losses are also part of the game...

Willie2015:
Debt and FX losses are also part of the game...

You are right but it is no shaking in those ones I mentioned. Some na forex gain dey worry thr account

emmanuelewumi:
How. I think the fair value should be between N1000 and N1200.


N2000 bawo

Anything is possible in NGX!
Do not commit the same 'mistake' that some people did with Oando when they said Oando could not cross N20 or even 50!
Aradel is also acquiring new oil fields and expanding.

Oando remains the cheapest oil and gas stock in terms of share price growth.

Mpeace:
I got this excellent aradel/seplat analyses from facebook. This guy does exceptional stock analysis. I think he is worth following. I do not know if he is here.

What is net asset? What is total shareholders equity?

I asked him that question and I am yet get an answer

The PE for Aradel is not correct it’s about 30x

Mpeace:
I got this excellent aradel/seplat analyses from facebook. This guy does exceptional stock analysis. I think he is worth following. I do not know if he is here.

There’s no doubt it’s a solid company. I think the thing to be worried about for those who haven’t cashed out or those looking to enter now and make quick money is the huge OS. There are a lot of people who have made 200%+ and will be looking to realize those gains with improved liquidity on the NGX.
It’s something I can easily see going on Offer

mikeapollo:
Anything is possible in NGX!
Do not commit the same 'mistake' that some people did with Oando when they said Oando could not cross N20 or even 50!
Aradel is also acquiring new oil fields and expanding.

For long time investors. Aradel at 1000 by oga Emma won't still be bad.It will be putting the forward PE at 20.8 since saplet will be at 27 plus.Hoping they don't equally dilute the shares more too soon

emmanuelewumi:
What is net asset? What is total shareholders equity?

I asked him that question and I am yet get an answer

Lol. The guy no wan answer because he knows thr are hidden questions in this first question. Make you no come cast am

godlyguy:
They have started their oando MH this time with all tactics. Aradel or Seplat are no mate to oando. OANDO should release their financials first then we will judge their demigod sincerity henceforth until then it pure MH.

Warning. If you drag me I will frustrate you

Oando owns a big onshore oil terminal now. The Brass Terminal. Oando is poised to be the biggest Nigerian IOC

Pray they release excellent financial statements in the next 14 working days

Dangote To Begin Crude Oil Production Before the End of 2024

https://nairametrics.com/2024/10/12/dangote-to-begin-crude-oil-production-before-the-end-of-2024-report/