₦airaland Forum

yMcy56:
The question is: The so called sustained loss, what brought it about? Was it there in 2023 FYE?

The "sustained loss" to me was a working Capital due to the private placement done in August 2024, that was why it's reflecting in the 2024 FYE.
If you check thru the result, you'll see where this was identified as equity as well.

Anyway, everyone is free to give the result his/her interpretation based on their objectives or mindset, but to Mcy, it was a good result and an improved one for that matter.

The Onshore biz delivered so well this time around too.

Preach, preacher

KarlTom:
If you check the results, you'll see that the 'sustained loss' was NOT a working capital because it was already captured at 1 January 2024 (so it was not a result of the placement of August 2024. Infact it was ₦19,003,112 in FY '23 and ₦20,372,312 in Q3 '24 reports

Anyway, I agree with the bolded...

Ok.
So you referred to note 6-8, I cant seems to see the negative you referred to there.

I was surprised how you happened to mention the retained loss almost immediately when result was out, we know those who will rush to come and point out negatives so quickly, especially for stocks like JAPAUL.

Why not mention the improved profit aspect of the result?

Anyway like earlier said, everyone should analyze the result based on their perspectives,but JAPAUL will defy all paralysis when the time is right to move up.

Once GTI and Futureview takes position in a stock and increase their holdings for that matter, I know they've seen what we can't see now from afar off. 😊

Guess the guy selling or dragging the price down is still in the market, but we'll know how far at the right time.

Zegra:
Life is good for folks that bought fidelity public offer at N9.75 per share

Now @19 in market.
ACCESS how far?

When FIDELITY was identified to trail ACCESS behind and will touch 20/22, some were quick to say dem no be mate.....
Truly they're not mates but Fidelity is doing well in market not-withstanding.....

ACCESS time will come however.
Hopefully they won't delay their journey much more with their peanut dividends.....

Nahco

Have the rights been allowed.
Im looking at Fidelity 9M EPS, the annualised EPS is about 9.35. The PE is more than 2x, quite high

Zegra:
Life is good for folks that bought fidelity public offer at N9.75 per share

Any news on STACO?

essentialone1:
The Death and Resurrection of STACO Insurance. 8th Wonder of the World.

yMcy56:
Now @19 in market.
ACCESS how far?

When FIDELITY was identified to trail ACCESS behind and will touch 20/22, some were quick to say dem no be mate.....
Truly they're not mates but Fidelity is doing well in market not-withstanding.....

ACCESS time will come however.
Hopefully they won't delay their journey much more with their peanut dividends.....

They've used all their funds on acquiring assets. I wouldn't be surprised if they end up declaring just N1 as dividend

sterlingD:
MULTIVERSE

https://doclib.ngxgroup.com/Financial_NewsDocs/42944_MULTIVERSE_MINING_AND_EXPLORATION_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

Multiverse result not looking bad.
Retained earnings, a major factor in measuring the future growth of the business grew from N250m to N645m.
Full year EPS N0.95 compared to N0.68 in 2023 though helped by a strong Q4 EPS.
Maybe the 3 days full offer status will revert with bids coming in small, small.

just cause a dip in the market today after offloading 1M shares of tantalizer after 380%...i remember its exactly 1yrs on jn 12 precisely when i mentioned that tantalizers was going to surprise us and folks asked me with what....

waiting to get in at 1.5..

Q4 '24 performance rivals FY '23 performance

EPS History
H1 '24. -2500k
Q3 '24. -555k
FY '24. -14k

Tolaram actually acquired Diageo’s shares at ₦81.60 each whereas it has maintained an average SP of ₦60 - ₦70 in the past 6 months.

EPS should [hopefully] return to + by Q1 '25...

Sunrisepebble:
I just briefly went through the FS also. That EPS is high but there’s something going on with the finance income and expense. Will do more research when I’m chanced

JAPAUL is supposed to be on full bid with this Q4 result.
Not talking about your usual analysis o. 😁
Hopefully the next bull run will take it above N5.
Market is generally trading bearish or sideways for now.
I needed to see the stock around N7/N7.50...

Glad I took my profit at 40.5

Zegra:
DANGSUGAR
This one just dey dance up and down

dont get trap in it for share dilution is coming i.e fro 30billion unit to almost 80billion units

Princkez:
I'm telling you....so so surprise

TRANSPOWER!!!

Charging up

80 billion ke? What was the rights issue ratio ? and how many issued for PO

Redoil:
dont get trap in it for share dilution is coming i.e fro 30billion unit to almost 80billion units

I have bought some this morning. Hoping to see it at N60 again.
There's a reason Tolaram valued it at N82 and we can already see their impact in the revenue growth.

KarlTom:
Q4 '24 performance rivals FY '23 performance

EPS History
H1 '24. -2500k
Q3 '24. -555k
FY '24. -14k

Tolaram actually acquired Diageo’s shares at ₦81.60 each whereas it has maintained an average SP of ₦60 - ₦70 in the past 6 months.

EPS should [hopefully] return to + by Q1 '25...

Time to get more

OakPearl:
Multiverse result not looking bad.
Retained earnings, a major factor in measuring the future growth of the business grew from N250m to N645m.
Full year EPS N0.95 compared to N0.68 in 2023 though helped by a strong Q4 EPS.
Maybe the 3 days full offer status will revert with bids coming in small, small.

Zegra:
Life is good for folks that bought fidelity public offer at N9.75 per share

Have those who bought the public offer received their shares from the allotment of newly issued shares?
It is still good though that the price has improved, but the real picture will show after the allotment.
Fidelity is doing well, and it gives me confidence that FCMB will also rise soonest.

Somebody bought 3m units of wapco @ 70, any insider information, m sure the person knows something majority don't know.

Whilst most eyes are on Guinness, NB has done 40.2M units so far today (1.2B Naira)

Perhaps, it is nothing.

What other information could it be outside the acquisition?
I know Cardinal Stone have been doing MM on the stock (so I heard)

crownprince2017:
Somebody bought 3m units of wapco @ 70, any insider information, m sure the person knows something majority don't know.

Like Guinness like sugar, could this be a good pointer for sugar recovery?
We wait and see.

Good day, thanks to all the contributors here and may the Lord bless you all.

I have gone through my portfolio/dividend stocks and noticed that CUTIX gave bonus of 1 for 1(I have been credited) but the 15k dividend was not paid or maybe I missed it. Please was the 15k dividend paid? If yes what date was it paid?

Thanks

By some people's logic, banks can only pay good dividend every year and not see significant price improvements. Where did this idea come from?

Nigerians banks are the cheapest on the NSE with a track record of attractive dividends. Don't sleep on them.

Do you mean re-entering tanatalizer at 1.5?

PuristForest:
waiting to get in at 1.5..

essentialone1:
The Death and Resurrection of STACO Insurance. 8th Wonder of the World.

Is STACO back and traded on the NGX again?
I had some units dating back years ago!

essentialone1:
Hope everything is fine?

The website is back online. Thank you for your patience

toyeoye:
The website is back online. Thank you for your patience

Seen. Thanks

toyeoye:
The website is back online. Thank you for your patience

Thanks; kudos for this wonderful site

Please how did you arrive at the bolded.

This is what I can see on the results of their capital raise so far "Overall, Fidelity Bank issued 21.4 billion shares" Total amount raised from my calculation is N205bn. So they still need to raise about N165bn more.
That means OS is now 53.4bn. And with annualised EPS(N9.35) and dilution effect taken into account, new EPS is about N5.6.

Redoil:
dont get trap in it for share dilution is coming i.e fro 30billion unit to almost 80billion units

UNILEVER @39.45!

We should watch out for PZ as well.

UNILEVER was leading in the past, PZ overtook at some point, now Unilever is back leading.......
This life na turn by turn
PZ should do some catch-up at some point too.

UBA @36.50!

JAPAUL, I Blvd this wicked seller didn't have unlimited number of shares .....