₦airaland Forum

BabsO2:
You are changing position. You said he didn't promise. But he did promise. You like vauwlence too much.

BabsO2:
Make Wale remember the question shareholders asked him about resumption of dividend payment and the answer he gave.

N1 dividend from the 2023 PAT and cashflow will be a good start and serve as a proof in the hands of shareholders that he as indeed turned the company around .

KarlTom:
We could talk about DIV from FY24 but definitely not FY23...

KarlTom:
OandO. ± ***
ETERNA. ±
ARADEL. +6.61%

KarlTom:
We could talk about DIV from FY24 but definitely not FY23...

BabsO2:
This is a very very very good sign
It's the review of the materiality of the new acquisition that causing the auditors to need more time.

So the CFO is okay. It's the complexity of additional acquisition that needs to be factored in that caused the delays plus the auditors needing extra time to assess the materiality of this additional information before concluding the audit opinion. Great

Hopefully the Oando rally will resume first week of November.

ghm:
Thank you Sir.
What of Seplat &, Aradel? I thought I heard someone mentioned they pay quarterly. I just want to confirm.

ololufemi:
This egbon called Jubril and all these his deft and creative moves dey give people headache o! Na real wah! Why didn't the company release the information before getting a suspension from the NGX?

Their action looks like they tried to dissuade people from accessing the stock and garner interest into whatever they have to release to the public. 🤔

It also looks like the bew baby, Oando Clean Energy Limited will take advantage of those CNG buses the Federal and State Governments want to purchase in 2025. 🤔

megawealth01:
Like seriously? If they will pay dividends na from 2025

BabsO2:
Listen to the AGM again. Turnaround is not a promise but a completed milestone !!!!!.
He promised dividend. I already shared this before. Listen to the AGM again look at the transcript time below of his dividend promise.

Make we no missinform people on what he said or didn't say abeg.

Agbalowomeri:
City code Trust

chimex38:
"..... we will pay dividends in future...".
"....confident of being able to restart at the earliest....".


These statements are vague with no precise time-frame.

Best bet is still dividend appreciation as someone said.

OakPearl:
City Code Trust just won’t change na.
They were my first brokers 26 years ago.
No internet to check price.
We will first be waiting for vendors to deliver Guardian and Vanguard newspapers from Lagos around 12 noon to see price list of the previous day to determine benchmark price to pay for stocks we wanted.
Next day you will come and be told price went up so you have balance to pay or your contract note will be withheld.
Kai!

megawealth01:
IMF Denies Asking Tinubu To Remove Fuel Subsidy In Nigeria

https://saharareporters.com/2024/10/25/imf-denies-asking-tinubu-government-remove-fuel-subsidy-nigeria-says-decision-domestic

OakPearl:
They both pay twice: interim and final.

Ginalex:
Must I experience it myself ni?... As I dey learn from una experience, e no good?

Agbalowomeri:
Omo learning and experiencing are two different things o. In this bull period, you will get away with so many jagajaga moves. When serious school fees hit you, you go shout I am a chosen😂

A bull market is like gambling and winning 80% of the time. Your adrenaline go pump to all time high. You would think it's your brilliance that's winning you streaks. Let's enjoy it while it lasts though.

There is an anomaly in the Nigerian market mainly caused by the banks. Inflation and high interest rates are supposed to bring the market down. However, our banks appear to be round-trip ping treasury bills and Forex. As long as the rates are high, maybe they can maintain this level but some are already showing weakness. I suspect that when the earning realities set in, banks will lead the bear, hopefully from Q1 next year.

Before then sha, I am expecting a violent Xmas bull to cap the bull. If it happens, to your tent O' Israel😂

chimex38:
Seplat is quarterly.
(Based on some shareholders comment here.)

OakPearl:
Okay if that’s the case.

OakPearl:
They both pay twice: interim and final.

Agbalowomeri:
Omo learning and experiencing are two different things o. In this bull period, you will get away with so many jagajaga moves. When serious school fees hit you, you go shout I am a chosen😂

A bull market is like gambling and winning 80% of the time. Your adrenaline go pump to all time high. You would think it's your brilliance that's winning you streaks. Let's enjoy it while it lasts though.

There is an anomaly in the Nigerian market mainly caused by the banks. Inflation and high interest rates are supposed to bring the market down. However, our banks appear to be round-trip ping treasury bills and Forex. As long as the rates are high, maybe they can maintain this level but some are already showing weakness. I suspect that when the earning realities set in, banks will lead the bear, hopefully from Q1 next year.

Before then sha, I am expecting a violent Xmas bull to cap the bull. If it happens, to your tent O' Israel😂

Locotrader:
Did you consider their charges before choosing them.choose wisely now to save money.

Cardinal stone 1.44% all charges
Stanbic 1.13%
Atlas portfolio arnd 0.85%
Investment one 1.8%
Meristem 1.8%

The first 2 are the top brokers in Nigeria and where I am heading to.....
Fundings and withdrawals are as simple as Abc

Investment one has a good platform.Funding and withdrawals are very simple but their charges are high 1.8% buy and 2.1% sell.

megawealth01:
So bears to start quarter 1 2025?

Na opportunity to increase my holdings in many of juicy coys

gamaliel9:
SEC address to report them if my money did not land on tuesday or wednesday?

megawealth01:
It's a season where people don't comment here because UBA and ACCESS were 5+, FIRST BANK 3+ etc all stocks go so low that you will just lock up your app till further notice

Agbalowomeri:
Omo learning and experiencing are two different things o. In this bull period, you will get away with so many jagajaga moves. When serious school fees hit you, you go shout I am a chosen😂

A bull market is like gambling and winning 80% of the time. Your adrenaline go pump to all time high. You would think it's your brilliance that's winning you streaks. Let's enjoy it while it lasts though.

There is an anomaly in the Nigerian market mainly caused by the banks. Inflation and high interest rates are supposed to bring the market down. However, our banks appear to be round-trip ping treasury bills and Forex. As long as the rates are high, maybe they can maintain this level but some are already showing weakness. I suspect that when the earning realities set in, banks will lead the bear, hopefully from Q1 next year.

Before then sha, I am expecting a violent Xmas bull to cap the bull. If it happens, to your tent O' Israel😂