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Nigerian Stock Exchange Market Pick Alerts - Investment (8768) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:55pm On Feb 07, 2025
Where is OGG?
Re: Nigerian Stock Exchange Market Pick Alerts by olaremint(m): 3:33am On Feb 08, 2025
Good morning all, I have tried to sell a particular share.
Yesterday, I checked the status and saw replaced
Please can anyone explain to me the meaning of replaced.
Thanks.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 5:07am On Feb 08, 2025
toyeoye:
BUACEMENT, NIDF, VFD, ETRANZACT, CONOIL... not all 20 fit the "healthy" criteria.
I do agree with your point, "fundamentally sound" is the key phrase that truly matters.
My name is Oliver Twist

Please, create a dummy Portfolio View, on the website, in addition to the Market View that exists now, whereby one can create a dummy Portfolio, and see only stocks he or she has selected into that Portfolio.

In essence, I can click on the Market View tab, to view all stocks in the market, or I can click on the Portfolio View tab, to view only stocks I have selected into the Portfolio.
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 6:41am On Feb 08, 2025
Is Oando issuing the bonus shares valentine day?

Countdown to Valentine's Day...

With effect from the close of business, February 14, 2025, we'll be issuing one ordinary share to every twelve ordinary shares held by our registered shareholders.

Thank you to all our shareholders whose confidence in the brand has never wavered.

#BetOnOando #TheEraOfUs
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:59am On Feb 08, 2025
designking:
Is Oando issuing the bonus shares valentine day?
No. The shares will be issued some few days after Feb14. But your name and units of shares must be in the register of shareholders (members) on that day (Feb14) before you can benefit from the distribution. Feb14 is the cut off date.
If you wait and sell your shares on Feb15 or Feb16 etc you will still benefit .
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 7:49am On Feb 08, 2025
emmaodet:
The break-down is good but at the end of the day, you have to value it and give a number else, it won't make much meaning to the average investor.
How much does Fidson worth after the financial breakdown?
https://www.tekedia.com/fidson-healthcare-plc-reports-fy-n7-5bn-pre-tax-profit/

https://businessday.ng/news/article/fidson-appoints-3-new-directors/
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 8:08am On Feb 08, 2025
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 8:31am On Feb 08, 2025
ololufemi:
Loco did good recommending Neimeth PLC at around NGN2 per share or slightlylower. People should find out what price the share has been trading at before seeking to throw jabs at him.

For a stock recommended at about NGN2.00 and currently at about NGN3.00, there is not much to say.

Let's not discourage more people from making contributions on our beloved platform. 😎
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC REPORTS EARNINGS RESULTS FOR THE 4TH QUARTER, AND FULL YEAR ENDED DECEMBER 31, 2024

Neimeth International Pharmaceuticals Plc reported earnings results for the 4th Quarter, and Full Year ended December 31, 2024.

For the 4th Quarter, the company reported:
1) Sales was NGN 1,374.79 million, compared to NGN 770.61 million a year ago.
2) Net loss was NGN 2,009.76 million, compared to NGN 1,935.7 million a year ago.
3) Basic loss per share from continuing operations was NGN 0.47, compared to NGN 0.45 a year ago.

For the Full Year, the company reported:
1) Sales was NGN 4,468.52 million, compared to NGN 2,209.59 million a year ago.
2) Net loss was NGN 1,699.27 million, compared to NGN 2,757.46 million a year ago.
3) Basic loss per share from continuing operations was NGN 0.40, compared to NGN 0.65 a year ago.
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 8:35am On Feb 08, 2025
mikeapollo:
No. The shares will be issued some few days after Feb14. But your name and units of shares must be in the register of shareholders (members) on that day (Feb14) before you can benefit from the distribution. Feb14 is the cut off date.
If you wait and sell your shares on Feb15 or Feb16 etc you will still benefit .
No selling. Oando is the only stock with a lot of games.

They are very intentional about their share prices and shareholders. Oando was the best performing share in 2024 and I see them repeating that same feat in 2025.

I currently have 250,000 Oando shares and I will try make it 300,000 before February 14th.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:15am On Feb 08, 2025
designking:
No selling. Oando is the only stock with a lot of games.

They are very intentional about their share prices and shareholders. Oando was the best performing share in 2024 and I see them repeating that same feat in 2025.

I currently have 250,000 Oando shares and I will try make it 300,000 before February 14th.
But the price may start to rise when it gets closer to Feb14, so take note.
Wish you best of luck.
Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 9:46am On Feb 08, 2025
mikeapollo:
No. The shares will be issued some few days after Feb14. But your name and units of shares must be in the register of shareholders (members) on that day (Feb14) before you can benefit from the distribution. Feb14 is the cut off date.
If you wait and sell your shares on Feb15 or Feb16 etc you will still benefit .
And how did you come to the conclusion that 'the shares will be issued some few days after Feb 14'?

Hmmm, ok o
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 9:56am On Feb 08, 2025
Sunrisepebble:
Vitafoam!
My brother, the thing shock me sef o regarding this VitaFoam stock.

I sold my VitaFoam PLC when it was doing sègè sègè around NGN17.00 to NGN20.00 and used the funds to buy Oando PLC and Chams PLC.

No regrets at all o because "We Move" 😎 💰
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 9:57am On Feb 08, 2025
Wishful thinking .....

sophy17:
And how did you come to the conclusion that 'the shares will be issued some few days after Feb 14'?

Hmmm, ok o
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 10:03am On Feb 08, 2025
ololufemi:
My brother, the thing shock me sef o regarding this VitaFoam stock.

I sold my VitaFoam PLC when it was doing sègè sègè around NGN17.00 to NGN20.00 and used the funds to buy Oando PLC and Chams PLC.

No regrets at all o because "We Move" 😎 💰
You no be God wey know tomorrow.. we only project and predict
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 10:04am On Feb 08, 2025
veecovee:
Agba and few others still dey look with old eyes and they never consider the rate of inflation we are facing in this nation.

If companies's products go high, how their stock go go low?
Bro, you have a strong point there which one needs to consider as well. Until the rate of inflation slows down considerably, money market and fixed income securities still dey primary school compared to the figures these companies are churning for investors in terms of returns on stock prices.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:10am On Feb 08, 2025
sophy17:
And how did you come to the conclusion that 'the shares will be issued some few days after Feb 14'?

Hmmm, ok o
That is what usually happens in the capital market when such cut off days are announced(e.g. dividend payments), unless something unusual happens. Even if the issuance is done one month, it would be 30 days (still few days grin grin)
The doubt here is probably because of Oando's antecedents but the registrars usually credit shareholders accounts a few days after the cut off date
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:40am On Feb 08, 2025
It’s not shocking me at all.

It’s my oga I normally get information from that shined my eye to it. He said everytime he markets it to his friends, they think he wants to use them to exit his position. But I sat down to look at the numbers and saw a severely undervalued business there

ololufemi:
My brother, the thing shock me sef o regarding this VitaFoam stock.

I sold my VitaFoam PLC when it was doing sègè sègè around NGN17.00 to NGN20.00 and used the funds to buy Oando PLC and Chams PLC.

No regrets at all o because "We Move" 😎 💰
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 10:42am On Feb 08, 2025
In the case of dividend the exact payment date is usually specified in the announcement. In this case it is almost same as bonus. No allotment date was specified so it is guess work at this point.

mikeapollo:
That is what usually happens in the capital market when such cut off days are announced(e.g. dividend payments), unless something unusual happens. Even if the issuance is done one month, it would be 30 days (still few days grin grin)
The doubt here is probably because of Oando's antecedents but the registrars usually credit shareholders accounts a few days after the cut off date
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:51am On Feb 08, 2025
Raider76:
In the case of dividend the exact payment date is usually specified in the announcement. In this case it is almost same as bonus. No allotment date was specified so it is guess work at this point.
You are right.
However, actual Bonus is even more complicated because it would involve issuance of new shares with a lot of administrative processes. But this is to redistribute pre-existing shares that have been already warehoused, which is less complicated than a bonus.
Re: Nigerian Stock Exchange Market Pick Alerts by olaremint(m): 10:58am On Feb 08, 2025
Oando! Oando! Thr most debated stock in this room.
Hope it pans out well for the faithfuls
Re: Nigerian Stock Exchange Market Pick Alerts by toyeoye(m): 11:11am On Feb 08, 2025
essentialone:
My name is Oliver Twist

Please, create a dummy Portfolio View, on the website, in addition to the Market View that exists now, whereby one can create a dummy Portfolio, and see only stocks he or she has selected into that Portfolio.

In essence, I can click on the Market View tab, to view all stocks in the market, or I can click on the Portfolio View tab, to view only stocks I have selected into the Portfolio.
I hear you loud and clear! You’re not the first to mention this—just yesterday, I got similar suggestions on social media. I was initially thinking of adding a wishlist in the next update, which would serve as a tool for tracking stocks or assets of interest, even if you don’t own them yet. Definitely something to include for next updates, after taking a closer look on how to execute this seamlessly . Thanks for the usual great suggestion, Oliver Twist! 😂📊
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 11:19am On Feb 08, 2025
SonofElElyonRet:
You no be God wey know tomorrow.. we only project and predict
Some people just don't just cease to amaze me with some of their comments on this platform. Wetin make dey carry the name of the Almighty dey put for stock market issue.

My brother, The Almighty, is too great to be involved in things like stock market things which are creation of man. We should be mindful on how we involve His name in such pedestrian matters that he has delegated to man to deal with through gifts, ideas, thoughts, insights and revelations.

The stock market is a creation of man and man is a creation of the Almighty. Same thing with money which many keep chasing endlessly. Whatever insights we need about the market or money, it is usually revealed by men such as our brethren here.

The Almighty is the One who gives man the breath to see each beautiful day so that he can minister the gifts and creative ideas he has to the world. I do not claim any awards on this matter. Only He knows what tomorrow holds.

Accolades needs to be given to OGG and Madam MCY, whom the Almighty blessed to share their insights publicly then to exit some stocks that had become stagnant and channel funds into the referenced ones.

Please note that people cannot compare themselves or take the place of The Almighty, Creator of the heavens, earth, all things seen and unseen especially in the affairs of men and how they are gifted life, creative ideas, grace, favour, innovation and mercy.

Shalom. 🙏🏽
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:31am On Feb 08, 2025
ololufemi:
Some people just don't just cease to amaze me with some of their comments on this platform. Wetin make dey carry the name of the Almighty dey put for stock market issue.

My brother, The Almighty, is too great to be involved in things like stock market things which are creation of man. We should be mindful on how we involve His name in such pedestrian matters that he has delegated to man to deal with through gifts, ideas, thoughts, insights and revelations.

The stock market is a creation of man and man is a creation of the Almighty. Same thing with money which many keep chasing endlessly. Whatever insights we need about the market or money, it is usually revealed by men such as our brethren here.

The Almighty is the One who gives man the breath to see each beautiful day so that he can minister the gifts and creative ideas he has to the world. I do not claim any awards on this matter. Only He knows what tomorrow holds.

Accolades needs to be given to OGG and Madam MCY, whom the Almighty blessed to share their insights publicly then to exit some stocks that had become stagnant and channel funds into the referenced ones.

Please note that people cannot compare themselves or take the place of The Almighty, Creator of the heavens, earth, all things seen and unseen especially in the affairs of men and how they are gifted life, creative ideas, grace, favour, innovation and mercy.

Shalom. 🙏🏽
This one has comprehension deficiency.
I will simplify.. "only God knows tomorrow"
SonofElElyonRet:
You no be God wey know tomorrow.. we only project and predict
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:46am On Feb 08, 2025
ololufemi:
My brother, the thing shock me sef o regarding this VitaFoam stock.

I sold my VitaFoam PLC when it was doing sègè sègè around NGN17.00 to NGN20.00 and used the funds to buy Oando PLC and Chams PLC.

No regrets at all o because "We Move" 😎 💰
If you bought Oando many just relax and pray JAGABAN goes for another 4yrs then you will make the wealth you have always wanted to enjoy...?

DYOR
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:00pm On Feb 08, 2025
megawealth01:
If you bought Oando many just relax and pray JAGABAN goes for another 4yrs then you will make the wealth you have always wanted to enjoy...?

DYOR
God forbid I and my likes make that devilish pronouncement talkless of praying for it..
The Egyptian we see yesterday we shall see them no more.
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 12:35pm On Feb 08, 2025
SonofElElyonRet:
This one has comprehension deficiency.
I will simplify.. "only God knows tomorrow"
My brother, you seem to be the one who lacks the proper comprehension, articulate skill and decorum to understand what you wrote yourself in every plausible way.

I posted response to Baba Sunshine message about VitaFoam PLC, yet without using your brain and sense of decorum, you come jump enter dey post "You no be God wey know tomorrow. We only project and predict".

Did I tell you I was the Almighty? Did I even tell you that I made the predictions? I just told Baba Sunshine the actions I took a few years ago to which I later revealed the individuals who encouraged such action in my subsequent post.

You sef think am well when you don dey okay and read what you wrote again na. Do the statements "You no be God wey know tomorrow" and "Only God knows tomorrow" convey the same meaning to you or demand a subtle response?

Anyway, I won't hold it against you as English no be our native language so i understand your challenge with some understanding what you documented there.

Shalom brother. 😎
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 12:44pm On Feb 08, 2025
In a dramatic turn of events, a team of security agencies stormed the headquarters of Access Bank plc on Wednesday morning to execute a Bench Warrant issued by the Lagos High Court for the arrest of the bank’s CEO and Managing Director, Bolaji Agbede, and other senior officials. The arrest order came after the accused failed to appear in court as ordered in relation to a case involving serious charges of conspiracy, stealing, and attempted theft.

The court order, handed down by Justice Ibironke Harrison of the Lagos High Court, followed a string of legal issues stemming from allegations of fraudulent conversion of property documents. Specifically, the case revolves around the conversion of title documents from MOB Integrated Services Limited in a complex loan arrangement involving Access Bank and other parties.

The charges stem from a loan agreement in which Balmoral International Limited and its managing director, Adejare Adegbenro, received a N333 million loan from Diamond Bank (now Access Bank). As part of the loan conditions, MOB Integrated Services Limited offered their property at 40B Bourdillion Road, Ikoyi as collateral. However, without the knowledge or consent of MOB Integrated Services, Access Bank continued to provide additional facilities to Balmoral International, ultimately including the property as collateral for a separate, unrelated N1 billion credit facility.

The fraudulent use of the property led to legal actions, and despite being duly served, Access Bank and its officials, including Bolaji Agbede, failed to appear in court for the January 20th arraignment. This failure prompted the court to issue a Bench Warrant, which led to Wednesday’s police operation at Access Bank’s headquarters.

The police, led by an Assistant Commissioner of Police, arrived at the bank’s headquarters at noon on February 5, 2025, but were told that the CEO was in a meeting, and the Company Secretary was in London. After engaging with the bank’s legal officers, the police were assured that the defendants would appear at the next scheduled hearing, set for February 24, 2025.

The Lagos State government filed a four-count charge against the bank, its CEO, and other individuals involved, including Adejare Adegbenro. The charges stem from fraudulent actions involving the unauthorized use of MOB Integrated Services’ property and an apparent attempt to cover up the fraudulent conversion of the property.

The case, LD/24884C/2024 – The State of Lagos v. Adejare Adegbenro & Ors, is set for arraignment on February 24, 2025, as prosecutors continue to investigate the illegal dealings.

This high-profile case highlights the ongoing battle against financial fraud and misconduct in Nigeria’s banking sector, and authorities remain vigilant in ensuring that those responsible face justice.
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 1:00pm On Feb 08, 2025
essentialone:
In a dramatic turn of events, a team of security agencies stormed the headquarters of Access Bank plc on Wednesday morning to execute a Bench Warrant issued by the Lagos High Court for the arrest of [/b]the bank’s CEO and Managing Director, Bolaji Agbede[b], and other senior officials. The arrest order came after the accused failed to appear in court as ordered in relation to a case involving serious charges of conspiracy, stealing, and attempted theft.
.
Bolaji is not the MD/CEO of Access Bank 😒
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:10pm On Feb 08, 2025
Harvestock01:
Bolaji is not the MD/CEO of Access Bank 😒
She is the Acting CEO of Access holding...
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 1:36pm On Feb 08, 2025
ololufemi:
My brother, you seem to be the one who lacks the proper comprehension, articulate skill and decorum to understand what you wrote yourself in every plausible way.

I posted response to Baba Sunshine message about VitaFoam PLC, yet without using your brain and sense of decorum, you come jump enter dey post "You no be God wey know tomorrow. We only project and predict".

Did I tell you I was the Almighty? Did I even tell you that I made the predictions? I just told Baba Sunshine the actions I took a few years ago to which I later revealed the individuals who encouraged such action in my subsequent post.

You sef think am well when you don dey okay and read what you wrote again na. Do the statements "You no be God wey know tomorrow" and "Only God knows tomorrow" convey the same meaning to you or demand a subtle response?

Anyway, I won't hold it against you as English no be our native language so i understand your challenge with some understanding what you documented there.

Shalom brother. 😎
Omo you are past redemption.. make I just dey look. I simply meant don't blame yourself as you are not God who knows the future.. we are all just making projections.. "we only project and predict" should've dispelled your doubts.. akuri ni e ooo
Even a primary school student would understand my comment.. nothing there that should offend you. Was simply consoling
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 4:07pm On Feb 08, 2025
Harvestock01:
Bolaji is not the MD/CEO of Access Bank 😒
Bolaji Olaitan Agbede is a Nigerian banker and corporate executive who is the acting managing director and group CEO of Access Holdings since 12 February 2024, following the death of Herbert Wigwe. At the time she was appointed acting CEO, She was the company's most senior founding executive director, responsible for business support.

https://en.wikipedia.org/wiki/Bolaji_Agbede#:~:text=Bolaji%20Olaitan%20Agbede%20is%20a,the%20death%20of%20Herbert%20Wigwe.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 4:10pm On Feb 08, 2025
Harvestock01:
Bolaji is not the MD/CEO of Access Bank 😒
Mr. Roosevelt Ogbonna FCA, CFA
Mr. Ogbonna was appointed as the Bank’s Managing Director/ Chief Executive Officer effective May 2022. Prior to this, he was appointed as the Bank’s Deputy Managing Director in 2017 and Executive Director in 2013. He is a through-bred and consummate professional with over two (2) decades of banking experience having joined Access Bank in 2002 from Guaranty Trust Bank.

Mr. Ogbonna has a very rich professional cum academic background. He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), an Honorary Member of the Chartered Institute of Bankers (HCIB), a graduate of the Harvard Kennedy School of Government’s Senior Executive Fellow programme, an alumnus of Harvard Business School and a CFA charter holder. He holds a Master’s degree in Business Administration from IMD Business School, Switzerland; a Master’s degree (LL.M) in International Corporate & Commercial Law from King's College, London; an Executive Master’s degree in Business Administration from Cheung Kong Graduate School of Business; and a Bachelor’s degree in Banking and Finance from University of Nigeria, Nsukka. In 2015, he was selected as one of the Institute of International Finance (IIF) Future Global Leaders. Roosevelt has attended Executive Management Development Programmes on diverse areas of banking and management in world leading institutions.

He has a robust corporate board experience and currently serves as a Non-Executive Director of the Bank’s subsidiaries in UK and South Africa. He also represents the Bank on the Boards of its investee companies - African Finance Corporation and CSCS Plc.

https://investorrelations.accessbankplc.com/pages/About-Us/Board-and-Management-Team/Mr-Roosevelt-Ogbonna-FCA,-CFA.aspx#:~:text=Ogbonna%20FCA%2C%20CFA-,Mr.,Executive%20Officer%20effective%20May%202022.
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