₦airaland Forum

megawealth01:
If you have spare cash just get into UNITY BANK immediately they get off suspension at 1.5+ you won't regret it... Although many of us bought crazily low anyways

DD as always

phadriz:
Companies will get out of forex losses how? Are Nigerian companies selling their products in dollars? Are you saying the accumulated losses will wipe away automatically? Trade surplus will increase when Nigeria is an import economy, a country that couldn't meet OPEC quota.
I think pipeline vandalism will be on the raise in 2025 with the cancellation of ministry of Niger Delta.

Ginalex:
is there an actual increase in buying power in real term? Your guess is as good as mine

phadriz:
Companies will get out of forex losses how? Are Nigerian companies selling their products in dollars? Are you saying the accumulated losses will wipe away automatically? Trade surplus will increase when Nigeria is an import economy, a country that couldn't meet OPEC quota.
I think pipeline vandalism will be on the raise in 2025 with the cancellation of ministry of Niger Delta.

designking:
Yes for sure. Somebody earning ₦35,000 in September and his salary increased to ₦75,000 in October should be able to buy more food items.

He simply have more funds and higher purchasing power.

designking:
Yes for sure. Somebody earning ₦35,000 in September and his salary increased to ₦75,000 in October should be able to buy more food items.

He simply have more funds and higher purchasing power.

RodgersAkpafu:
Street Investor is right to a degree....

This does not mean the tinubu leadership is not useless, incompetent and dull
my thoughts

Streetinvestor2:
Oga I no get time to play politics here.I am talking as I business man with plenty experience. The forex loss you saw from companies are classified into two;realised and unrealised. Going forward they will get out of it via different ways which the company may adopt. It may happen in a year or go beyond. Trade Surplus is when export is more than import. Which is bond to happen. Nigerians are already keying into it to make dollars because of high value it brings home.And importation is decreasing because the goods will be to expensive to sell here.It is happening
already. Everyone is now looking for what to send abroad to earn dollars. Ghana is making heavy money in yam business. Many Nigerians are now moving agricultural produce abroad even vegetables .The cancellation of the ministry will do nothing. The most important thing thr was nddc which has never lived up expectation for the people of the state concerned.
Oga if na politics you dey see.pls ignore my post.i no get that time.
I didn't ask you to invest in the stock market.Go put your money whr makes you comfortable.
How many q3 results have you even checked

Bagwa:
16 Nigerian Stocks to own in 2025 :

1, Julius berger plc: N164 / first half earnings: Turnover: N243b & net profit : N11.4b / e.p.s : N7.17/ p.e ratio : 22/ Target is N250

2, OANDo plc: Share price : N77 / 2023 earnings: / e.p.s :N6 / p.e ratio: 12.8/ Target is N200

3, Presco plc: N485 / First half Turnover: N88b & net profit N38.8b / e.p.s N 38.8 / p.e ratio: 12.5/ Target is N650

4, Custodian plc: N11.65 / First half earnings: Turnover: N60b & net income N22.1b / e.p.s N3.77 / p.e ratio: 3.09 /Target is N18

5, UACN plc: N20.2 / First half earnings: Turnover; N83b & net income N8.9b / e.p.s N3K.04 /p.e ratio: 6.7/ target is N35

6, Conoil plc: N176/ First half earnings: Turnover: N180b & net income N8b / e.p.s N11.56 / p.e ratio; 15/ Target: N250

7, Total plc: N673/ First half earnings; turnover: N529b & net income N20.5 b/ e.p.s : N60/ p.e: 11.2/ target is N1,000

8, Bua foods plc; N 394 / First half earnings: Turnover:N 672b & net income N130b / e.p.s :N 7.27 / p.e ratio: 54/ Target: N550

9, Geregu plc: N 1,150 / First half earnings: N80b & net income N20b & e.p.s : N8 / p.e ratio: 143/ target is N1,500

10, Zenith Bank PLC: N37.45/ First half earnings: Turnover: N2 trillion & net income: N577b / e.p.s : N18.40/ p.e ratio: 2/Target is N50

11, Gt Bank plc: share price:N50 / First half earnings; Turnover: N702b & net profit; N494b / e.p.s : N16 / p.e ratio : 3.12/Target is N60

12, UBA plc: Share price :N25 / First half earnings: Turnover; N1.3b & net profit ; N300b / e.p.s : N9 / p.e ratio: 2.7/target: N35

13, Aradel plc: Share price: N620/ First half earnings: Turnover: N268b & net profit: N104b / e.p.s : N24 / p.e ratio: 25/Target is N1,400

14, Fidelity bank plc: Share price: N13 / First half earnings: Turnover: & net profit : N159b / e.p.s : N4.9/ p.e Ratio : 2.6/Target is N25

15, Seplat plc: Share price; N5,200/ first half earnings: Turnover: $421m & net profit: N244b / e.p.s: N91.7 / p.e Ratio: 56/Target is N,6,000

16, Access bank PLC: Share price:N19/ First half earnings: Turnover: N2.2 trillion & net profit: N281b / e.p.s : N5.3. /p.e ratio : 3.5/Target: N35

( E.P.S: means earnings per share/ P.E ratio is price earnings ratio) ( If am to select 6 best; Julius berger, OANDo, fidelity bank, Presco, UACN, Zenith)

Thanks, David atta

Streetinvestor2:
.You are perfectly in order on this statement. The government is so corrupt and useless. All businesses will recalibrate and move on.Some are already showing it in thr q3 results. Unless you are telling me that these businesses are going to close shop.Many will transfer the cost to customers going forward and life goes on.The government is already promising reduction in cooperate tax and other incentives. Companies are already transferring the cost by reducing the quantity in a product and increasing price join.

The stocks you mentioned are already in thr own bear season. So what do anyone else expect to happen in the future when they find thr way out of the main wahala being forex loss.It won't pass next yr and government will allow telecoms to increase tariff. ALL they need now is to cause serious disruption in thr services and blame it on poor revenue to invest in thr infrastructure

phadriz:
Do you think I'm also discussing politics as well? Moreover, political risk also need to be considered in a business environment. I only told the effect of govt policy on oil production. Either realised or unrealised loss, they are obligations that must be fulfilled. The only thing that will make the unrealised loss wipe away is for the rate to go back to what it was which is impossible. A company incurred a $ debt when rate was 700 and now it is over 1,700, by the time they are paying the debt the loss will be realised loss. Most manufacturing company will have negative cash flow next year and some will default in redemption of CP they issued this year.

phadriz:
All these your points can only work in an economy where people have a strong purchasing power. How many people can buy malt for 1k in Nigeria? You said the companies have started overcoming their problems as if the only issue is FX. They have increase in energy cost, employee cost, additional taxes like excise duty is about to be introduced. Yet you believe with that companies bottom line will improve. Do you see the recent result of Unilever?

I'm not saying you should accept my view. I only remind you not to be too optimistic because there are so many uncertainties in Nigeria.

designking:
The list looks perfect except the Oando inclusion.

phadriz:
All these your points can only work in an economy where people have a strong purchasing power. How many people can buy malt for 1k in Nigeria? You said the companies have started overcoming their problems as if the only issue is FX. They have increase in energy cost, employee cost, additional taxes like excise duty is about to be introduced. Yet you believe with that companies bottom line will improve. Do you see the recent result of Unilever?

I'm not saying you should accept my view. I only remind you not to be too optimistic because there are so many uncertainties in Nigeria.

Bagwa:
16 Nigerian Stocks to own in 2025 :

1, Julius berger plc: N164 / first half earnings: Turnover: N243b & net profit : N11.4b / e.p.s : N7.17/ p.e ratio : 22/ Target is N250

2, OANDo plc: Share price : N77 / 2023 earnings: / e.p.s :N6 / p.e ratio: 12.8/ Target is N200

3, Presco plc: N485 / First half Turnover: N88b & net profit N38.8b / e.p.s N 38.8 / p.e ratio: 12.5/ Target is N650

4, Custodian plc: N11.65 / First half earnings: Turnover: N60b & net income N22.1b / e.p.s N3.77 / p.e ratio: 3.09 /Target is N18

5, UACN plc: N20.2 / First half earnings: Turnover; N83b & net income N8.9b / e.p.s N3K.04 /p.e ratio: 6.7/ target is N35

6, Conoil plc: N176/ First half earnings: Turnover: N180b & net income N8b / e.p.s N11.56 / p.e ratio; 15/ Target: N250

7, Total plc: N673/ First half earnings; turnover: N529b & net income N20.5 b/ e.p.s : N60/ p.e: 11.2/ target is N1,000

8, Bua foods plc; N 394 / First half earnings: Turnover:N 672b & net income N130b / e.p.s :N 7.27 / p.e ratio: 54/ Target: N550

9, Geregu plc: N 1,150 / First half earnings: N80b & net income N20b & e.p.s : N8 / p.e ratio: 143/ target is N1,500

10, Zenith Bank PLC: N37.45/ First half earnings: Turnover: N2 trillion & net income: N577b / e.p.s : N18.40/ p.e ratio: 2/Target is N50

11, Gt Bank plc: share price:N50 / First half earnings; Turnover: N702b & net profit; N494b / e.p.s : N16 / p.e ratio : 3.12/Target is N60

12, UBA plc: Share price :N25 / First half earnings: Turnover; N1.3b & net profit ; N300b / e.p.s : N9 / p.e ratio: 2.7/target: N35

13, Aradel plc: Share price: N620/ First half earnings: Turnover: N268b & net profit: N104b / e.p.s : N24 / p.e ratio: 25/Target is N1,400

14, Fidelity bank plc: Share price: N13 / First half earnings: Turnover: & net profit : N159b / e.p.s : N4.9/ p.e Ratio : 2.6/Target is N25

15, Seplat plc: Share price; N5,200/ first half earnings: Turnover: $421m & net profit: N244b / e.p.s: N91.7 / p.e Ratio: 56/Target is N,6,000

16, Access bank PLC: Share price:N19/ First half earnings: Turnover: N2.2 trillion & net profit: N281b / e.p.s : N5.3. /p.e ratio : 3.5/Target: N35

( E.P.S: means earnings per share/ P.E ratio is price earnings ratio) ( If am to select 6 best; Julius berger, OANDo, fidelity bank, Presco, UACN, Zenith)

Thanks, David atta

RodgersAkpafu:
I agree with your last paragraph
Cautious optimism should be the balance

Not dark pessimism, or happy go lucky optimism
One factor you should consider is that the diaspora remittances is augmenting the incomes of millions of families in Nigeria
That will definitely have a positive impact (autonomous consumption) in the Nigerian economy.
The multiplier effect of >$25billion annually in Nigeria cannot be understated in any way
I don't know any Nigerian here who is not sending money in one way or the other back to ppl in Nigeria, so that's a thing

Whether that's a good thing or not is another argument, but it is what it is
The consumption pattern of Nigeria defies conventional economic logic, and that is why I still have some sort of optimism despite Bulaba doing bulaba things bulaba style

What of the big ballers in Nigeria?
They will also consume as well na lol

phadriz:
Diaspora remittance? 😂

Diaspora remittance? FYI some diasporian are selling their properties in Nigeria to use as mortgage deposit abroad. They build wealth abroad because there is limit to what you can make, tax will make you not to over work yourself, unlike Nigeria that you can become billionaire overnight. Remittance from abroad is only for people to survive. People sending home didn't increase the $ equivalent e.g someone who give his parent £100 monthly will send in 100k in May 2023, but now he will send in 220k or more.

Okay sir

Streetinvestor2:
This my friend. Why you too like corruption. Why are you interested in shareholders structure now.You are looking to see how manipulation of the shares price can happen going forward. Why you no dey look for organic growth in the share price based on performance. You be real hustler

phadriz:
Diaspora remittance? 😂

Okay sir

emmaodet:
How does shareholders structure affects share price or movement?

emmaodet:
How does shareholders structure affects share price or movement?

Mrwhite09:
fvck u

Streetinvestor2:
Why is it easy for ote to manipulate his power company price.If you keep open mind you will understand why my friend is asking. It makes the work easy if you want to perform magic with the price of a company with very little free float .
Imagine when 90% of the shares are already caged directly or indirectly

RodgersAkpafu:
I'm not too sure of a Trump win anyways
But let's not derail this thread sha
Just wanted to put that out

However this election uncertainty have opened up opportunities in the American Market
The derivatives market will really run wild next week, and I have even taken a few positions myself
People will smile over the course of next month

designking:
At the basic level, the current minimum wage increase will mean more buying power for workers across the nation. This will increase the turnover of most FMCG and the banks.

The new wage increase means an additional ₦4trillion from the FG, another ₦5trillion from state government and ₦10trillion from the private sector.


This is a lot of money entering the economy

Ginalex:
And food prices are being held constant by Amadioha right ? Price of a bag of rice 3 weeks ago was 85k, today it's 105k. When minimum wage was 19,800 bag of rice was 6k hope you know? Who's better off in this case? The person earning 19,800 when rice was 6k per bag or the person earning 75k when a bag of rice is 105k

Bagwa:
16 Nigerian Stocks to own in 2025 :

1, Julius berger plc: N164 / first half earnings: Turnover: N243b & net profit : N11.4b / e.p.s : N7.17/ p.e ratio : 22/ Target is N250

2, OANDo plc: Share price : N77 / 2023 earnings: / e.p.s :N6 / p.e ratio: 12.8/ Target is N200

3, Presco plc: N485 / First half Turnover: N88b & net profit N38.8b / e.p.s N 38.8 / p.e ratio: 12.5/ Target is N650

4, Custodian plc: N11.65 / First half earnings: Turnover: N60b & net income N22.1b / e.p.s N3.77 / p.e ratio: 3.09 /Target is N18

5, UACN plc: N20.2 / First half earnings: Turnover; N83b & net income N8.9b / e.p.s N3K.04 /p.e ratio: 6.7/ target is N35

6, Conoil plc: N176/ First half earnings: Turnover: N180b & net income N8b / e.p.s N11.56 / p.e ratio; 15/ Target: N250

7, Total plc: N673/ First half earnings; turnover: N529b & net income N20.5 b/ e.p.s : N60/ p.e: 11.2/ target is N1,000

8, Bua foods plc; N 394 / First half earnings: Turnover:N 672b & net income N130b / e.p.s :N 7.27 / p.e ratio: 54/ Target: N550

9, Geregu plc: N 1,150 / First half earnings: N80b & net income N20b & e.p.s : N8 / p.e ratio: 143/ target is N1,500

10, Zenith Bank PLC: N37.45/ First half earnings: Turnover: N2 trillion & net income: N577b / e.p.s : N18.40/ p.e ratio: 2/Target is N50

11, Gt Bank plc: share price:N50 / First half earnings; Turnover: N702b & net profit; N494b / e.p.s : N16 / p.e ratio : 3.12/Target is N60

12, UBA plc: Share price :N25 / First half earnings: Turnover; N1.3b & net profit ; N300b / e.p.s : N9 / p.e ratio: 2.7/target: N35

13, Aradel plc: Share price: N620/ First half earnings: Turnover: N268b & net profit: N104b / e.p.s : N24 / p.e ratio: 25/Target is N1,400

14, Fidelity bank plc: Share price: N13 / First half earnings: Turnover: & net profit : N159b / e.p.s : N4.9/ p.e Ratio : 2.6/Target is N25

15, Seplat plc: Share price; N5,200/ first half earnings: Turnover: $421m & net profit: N244b / e.p.s: N91.7 / p.e Ratio: 56/Target is N,6,000

16, Access bank PLC: Share price:N19/ First half earnings: Turnover: N2.2 trillion & net profit: N281b / e.p.s : N5.3. /p.e ratio : 3.5/Target: N35

( E.P.S: means earnings per share/ P.E ratio is price earnings ratio) ( If am to select 6 best; Julius berger, OANDo, fidelity bank, Presco, UACN, Zenith)

Thanks, David atta

RodgersAkpafu:
I agree with your last paragraph
Cautious optimism should be the balance

Not dark pessimism, or happy go lucky optimism
One factor you should consider is that the diaspora remittances is augmenting the incomes of millions of families in Nigeria
That will definitely have a positive impact (autonomous consumption) in the Nigerian economy.
The multiplier effect of >$25billion annually in Nigeria cannot be understated in any way
I don't know any Nigerian here who is not sending money in one way or the other back to ppl in Nigeria, so that's a thing

Whether that's a good thing or not is another argument, but it is what it is
The consumption pattern of Nigeria defies conventional economic logic, and that is why I still have some sort of optimism despite Bulaba doing bulaba things bulaba style

What of the big ballers in Nigeria?
They will also consume as well na lol

phadriz:
Diaspora remittance? 😂

Okay sir

phadriz:
Companies will get out of forex losses how? Are Nigerian companies selling their products in dollars? Are you saying the accumulated losses will wipe away automatically? Trade surplus will increase when Nigeria is an import economy, a country that couldn't meet OPEC quota.
I think pipeline vandalism will be on the raise in 2025 with the cancellation of ministry of Niger Delta.

Streetinvestor2:
You have not answered my two questions
What manufacturers companies
What did you see in Unilever results
You wrote balablu on what you deleted. The people sending money from abroad to nigeria is a big plus as naira loses value.. The person will still send £100 and not 220k.It looks you are falling my hand oh.And people I know sending money from abroad home is for buying real estates mostly land.This is why land prices are sky rocketing in se major cities