₦airaland Forum

jp130:
They said that the issue is escalated and that they will respond as soon as they have feedback


For over a week now, no feedback from meristem. I am worried about where the money is hanging exactly?

Did you call Meristem on phone or sent only emails?

jp130:
They said that the issue is escalated and that they will respond as soon as they have feedback


For over a week now, no feedback from meristem. I am worried about where the money is hanging exactly?

@essentialone posted the below a while back l think you may have to take the step highlighted in bold if after every every and there is still no resolution to the money hanging.

essentialone:
It sounds like you're experiencing a delay in receiving the proceeds from selling your Japaul stocks on the Meritrade platform. The customer care agent mentioned that your account is set up for Direct Cash Settlement, which means the funds should be transferred to your bank account within three working days.

Since today is January 31st, 2025, and you sold the stocks on January 24th, 2025, you're right to expect the funds by now. Here are some steps you can take:

- Contact Meritrade's Customer Care Again: Reach out to the customer care team and inquire about the status of your payment. They may be able to provide more information or escalate the issue.
- Check Your Bank Account: Double-check your bank account to ensure that the funds haven't been deposited yet. Sometimes, delays can occur due to banking processes.
- Verify Your Account Details: Ensure that your bank account details are correctly registered with Meritrade. Any discrepancies might cause delays or issues with the payment.
If you're still unable to resolve the issue, you may want to consider contacting the Nigerian Stock Exchange (NGX) or the Securities and Exchange Commission (SEC) for further assistance.

lionshare:
If NAHCO were to trade at the same PE ratio as SAHCO, we can calculate the new share price for NAHCO using the following formula:

New Share Price of NAHCO
=
PE Ratio of SAHCO
×
EPS of NAHCO
New Share Price of NAHCO=PE Ratio of SAHCO×EPS of NAHCO
We know:

PE Ratio of SAHCO = 10.25
EPS of NAHCO = ₦6.60
Now, let's calculate the new share price:

New Share Price of NAHCO
=
10.25
×
6.60
=
67.65
New Share Price of NAHCO=10.25×6.60=67.65
Conclusion:
If NAHCO were to trade at the same PE ratio as SAHCO, its share price would be approximately ₦67.65.

Thanks to ChatGPT

If you now consider the efficiency, free cash, earning quality and earning growth when compared to Sahcol, a premium of at least 10% should be added to the N67.65k prive

yMcy56:
HONYFLOUR
Successfully crossed N10 mark.........
Next junction to reach and cross is 12......
After KM 12, we proceed to.......

NNFM is going going and going

What is going on with access trading? Seeing bids of 28.50 for 350k units, meanwhile trade of 28 for 200k units is showing

PETERiCHY:
SOME of us are currently sitting on 90% PAPER PROFIT on CADBURY afterwards we divert our LOOT to NASCON.



BARGAIN HUNTERS TAKE NOTE!

DISPOSED some of our CADBURY @#32.25k and used the LOOT to PURCHASE some NASCON at #40:00k


BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
DISPOSED some of our CADBURY @#32.25k and used the LOOT to PURCHASE some NASCON at #40:00k


BARGAIN HUNTERS TAKE NOTE!

Welcome to our ALHAJI products club

@oga megawealth01 I picked some CWG at 7.60 on your call o. It's closed higher at 9.20. I say make I declare and say thank you

Ginalex:
@oga megawealth01 I picked some CWG at 7.60 on your call o. It's closed higher at 9.20. I say make I declare and say thank you

You are doing well my sister. CWG is a dividend paying stock that is still undervalued

DYOR

ARADEL. ±
CONOIL. ±
ETERNA. +9.96%
OandO. +0.14%

Locotrader:
This week is critical for breakout.

sir which platform do you use to buy your Nigerian stocks

megawealth01:
You are doing well my sister. CWG is a dividend paying stock that is still undervalued

DYOR

The last time CWG paid Dividend was in 2015, 10 years ago, when they paid 2 kobo. Am I wrong?

essentialone:
The last time CWG paid Dividend was in 2015, 10 years ago, when they paid 2 kobo. Am I wrong?

https://ng.investing.com/equities/computer-wh-dividends

They paid me dividends last year

Mutual funds are good and less risky type of investment. But one needs to know the calibre of managers that handle them before investing.
If you are new in the market, to participate in this form of investment, you need somebody that will introduce you to mangers that have been tested in the management of such funds. So mutual funds are good for beginners and aged people who dont need to take high risk.
I learnt that SEC and NSE are planning to force retail investors to invest in mutual funds rather than investing in ordinary shares of a company. I don’t think it will work, because investors all over the world are given the freedom to invest in whatever company they want. Mutual funds really is good and less risky. It is recommended for beginners and those that do not have much knowledge about investment in stock market.

I saw this on a WhatsApp group.
How true is it that SEC/NSE want to weed out retail investors and push us to mutual funds? Does it really make sense? How will there be liquidity in the market without retail investors?

megawealth01:
https://ng.investing.com/equities/computer-wh-dividends

They paid me dividends last year

You may be right. I just reconfirmed that Abbey Mortgage Bank paid 2 kobo as Dividend last year.

PuristForest:
These are very powerful candles, even though 106k has not yet been broken yet, the strength of these candles say a lot, also structurewise, it seems to have printed a (1)(2), (1)(2) sequence which is good bull action and not a triangle structure formation....if we get a decisive break of 106k, then it opens up room easy for wave 3 @ 130k which is 261.8 fib of wave 1 at 54k and that will be around october meaning that we will see a considerably strong Q2 and Q3 for the most part...but i will wait for that break first before any other action..enjoy.

update on this previous post. From a technical analysis perspective, without a decisive break of the 106k today for the NSENG ASI, previous position stands, we will be seeing a 3 waves correction to the downside taking us back to 100k or slightly below. If that be case then the impact is that some assets will go also correct down to similar degree...i dont know which..and this will be in coming days till mid March and early April, please be cautious and open positions carefully...even if it happens as such, its not a big thing because the ASI will still bounce back, the only thing is that your money will be packed for a period of time....The whole point of this post is not to spread fud but just ....be mindful. for instance, i still buy small fbnh today, i don't mind cause im in for long term and 3 to 4 months is nothing but with this info, instead of buying more, i will wait for sometime and take a bigger position later so im not saying do not buy but also consider the market dynamics and how you can take advantage of it... dyor...i no no anything ooo

emmaodet:
Mutual funds are good and less risky type of investment. But one needs to know the calibre of managers that handle them before investing.
If you are new in the market, to participate in this form of investment, you need somebody that will introduce you to mangers that have been tested in the management of such funds. So mutual funds are good for beginners and aged people who dont need to take high risk.
I learnt that SEC and NSE are planning to force retail investors to invest in mutual funds rather than investing in ordinary shares of a company. I don’t think it will work, because investors all over the world are given the freedom to invest in whatever company they want. Mutual funds really is good and less risky. It is recommended for beginners and those that do not have much knowledge about investment in stock market.

I saw this on a WhatsApp group.
How true is it that SEC/NSE want to weed out retail investors and push us to mutual funds? Does it really make sense? How will there be liquidity in the market without retail investors?

Not possible

Some big stockbrokers tried it almost 20 years ago but it didn't work. They asked retail investors whose portfolio was less than N5 million to buy mutual funds

PuristForest:
update on this previous post. From a technical analysis perspective, without a decisive break of the 106k today for the NSENG ASI, previous position stands, we will be seeing a 3 waves correction to the downside taking us back to 100k or slightly below. If that be case then the impact is that some assets will go also correct down to similar degree...i dont know which..and this will be in coming days till mid March and early April, please be cautious and open positions carefully ...even if it happens as such, its not a big thing because the ASI will still bounce back, the only thing is that your money will be packed for a period of time....The whole point of this post is not to spread fud but just ....be mindful. for instance, i still buy small fbnh today, i don't mind cause im in for long term but i with this info, instead of buying more, i will wait for sometime and take a bigger position so im not saying do not buy but also consider the market dynamics and how you can take advantage of it... dyor...i no no anything ooo

Nice one! This is a good advice - patience and caution are keys in this market. Thanks for sharing, bro!

Chams Holding Company Plc (Chams Holdco) has announced its unaudited consolidated and separate financial statements for the fiscal year ended December 31, 2024, which have been submitted to the Nigerian Exchange Group (NGX). Despite macroeconomic challenges, including foreign exchange volatility and fiscal policy shifts, Chams Holdco demonstrated remarkable resilience, achieving outstanding financial growth.
The Group recorded a profit of ₦1.2 billion, reflecting an impressive 218% increase compared to ₦408 million in the corresponding period of 2023. This substantial growth highlights the company's strategic execution, increased profitability, and commitment to delivering value to shareholders.
Revenue Growth & Profitability
Chams Holdco continued its positive revenue trajectory, reporting a 39% increase in total revenue, which rose from₦10.46 billion in 2023 to 14.51 billion in 2024. This growth underscores the Group’s ability to navigate economic headwinds and sustain its market leadership.
Despite a significant provision for outstanding receivables, profit surged to ₦1.2 billion, a substantial leap from ₦408 million in 2023. The company’s robust Financial Position and efficient cost management further reinforced its financial stability.
Key Financial Highlights
Operational Excellence & Industry Leadership
Chams Holdco remains a dominant player in Nigeria’s technological and innovative solutions industry, with strong performance across key financial metrics:
1) Return on Average Equity (ROAE): 11.8%
2) Return on Average Assets (ROAA): 6.0%
3) Cost-to-Income Ratio (CIR): 52%
Outlook for 2025
With a strong financial position and an unwavering focus on innovation, Chams Holdco is well-positioned to sustain its growth momentum. The company remains committed to leveraging technology, expanding its service offerings, and driving long-term value for its stakeholders.
About Chams Holdco
Chams Holding Company Plc is a leading Nigerian technology-driven company specializing in digital identity, payments, and e-commerce solutions. With a legacy spanning over three decades, the Group continues to pioneer innovative solutions that drive financial inclusion and digital transformation.
For media inquiries, please contact:
Chams Holdco Brands and Communications Team
Email: brands@chams.com
Website: www.chamsplc.com

emmanuelewumi:
Not possible

Some big stockbrokers tried it almost 20 years ago but it didn't work. They asked retail investors who portfolio was less than N5 million to buy mutual funds

Better ooo.
Can't just fathom the effect on retail investors

PuristForest:
I think Aradel still has some downside before any significant rally can commence. On the other hand, FTNCOCOA has printed a great setup for anyone interested, next target 3.2 - 3.8....
https://ewnation.com/ftncocoa-setting-up-for-a-significant-rally/
Enjoy

update to this post, based on my previous post on asi...waiting for this asset at sub 300...make una no vex...also if youre in fidelity, its time to reassess your risk.....i no no anything oooo

PuristForest:
update on this previous post. From a technical analysis perspective, without a decisive break of the 106k today for the NSENG ASI, previous position stands, we will be seeing a 3 waves correction to the downside taking us back to 100k or slightly below.

This part is what we call T Pain balablue. It is a lie and is not going to happen

essentialone:
Chams Holding Company Plc (Chams Holdco) has announced its unaudited consolidated and separate financial statements for the fiscal year ended December 31, 2024, which have been submitted to the Nigerian Exchange Group (NGX). Despite macroeconomic challenges, including foreign exchange volatility and fiscal policy shifts, Chams Holdco demonstrated remarkable resilience, achieving outstanding financial growth.
The Group recorded a profit of ₦1.2 billion, reflecting an impressive 218% increase compared to ₦408 million in the corresponding period of 2023. This substantial growth highlights the company's strategic execution, increased profitability, and commitment to delivering value to shareholders.
Revenue Growth & Profitability
Chams Holdco continued its positive revenue trajectory, reporting a 39% increase in total revenue, which rose from₦10.46 billion in 2023 to 14.51 billion in 2024. This growth underscores the Group’s ability to navigate economic headwinds and sustain its market leadership.
Despite a significant provision for outstanding receivables, profit surged to ₦1.2 billion, a substantial leap from ₦408 million in 2023. The company’s robust Financial Position and efficient cost management further reinforced its financial stability.
Key Financial Highlights
Operational Excellence & Industry Leadership
Chams Holdco remains a dominant player in Nigeria’s technological and innovative solutions industry, with strong performance across key financial metrics:
1) Return on Average Equity (ROAE): 11.8%
2) Return on Average Assets (ROAA): 6.0%
3) Cost-to-Income Ratio (CIR): 52%
Outlook for 2025
With a strong financial position and an unwavering focus on innovation, Chams Holdco is well-positioned to sustain its growth momentum. The company remains committed to leveraging technology, expanding its service offerings, and driving long-term value for its stakeholders.
About Chams Holdco
Chams Holding Company Plc is a leading Nigerian technology-driven company specializing in digital identity, payments, and e-commerce solutions. With a legacy spanning over three decades, the Group continues to pioneer innovative solutions that drive financial inclusion and digital transformation.
For media inquiries, please contact:
Chams Holdco Brands and Communications Team
Email: brands@chams.com
Website: www.chamsplc.com

It is an asset light business, return on equity should be up to 25%

Net profit margin is less than 10%,

Yes.
They failed.
Remember when I opened my account with my stockbrokers in 2007.
Had only close to 2 million naira.
Told I needed at least 5M to open the account.
Had to beg b4 they agreed to open the account with a condition I will consistently be putting in more money.

emmanuelewumi:
Not possible

Some big stockbrokers tried it almost 20 years ago but it didn't work. They asked retail investors whose portfolio was less than N5 million to buy mutual funds

essentialone:
Chams Holding Company Plc (Chams Holdco) has announced its unaudited consolidated and separate financial statements for the fiscal year ended December 31, 2024, which have been submitted to the Nigerian Exchange Group (NGX). Despite macroeconomic challenges, including foreign exchange volatility and fiscal policy shifts, Chams Holdco demonstrated remarkable resilience, achieving outstanding financial growth.
The Group recorded a profit of ₦1.2 billion, reflecting an impressive 218% increase compared to ₦408 million in the corresponding period of 2023. This substantial growth highlights the company's strategic execution, increased profitability, and commitment to delivering value to shareholders.
Revenue Growth & Profitability
Chams Holdco continued its positive revenue trajectory, reporting a 39% increase in total revenue, which rose from₦10.46 billion in 2023 to 14.51 billion in 2024. This growth underscores the Group’s ability to navigate economic headwinds and sustain its market leadership.
Despite a significant provision for outstanding receivables, profit surged to ₦1.2 billion, a substantial leap from ₦408 million in 2023. The company’s robust Financial Position and efficient cost management further reinforced its financial stability.
Key Financial Highlights
Operational Excellence & Industry Leadership
Chams Holdco remains a dominant player in Nigeria’s technological and innovative solutions industry, with strong performance across key financial metrics:
1) Return on Average Equity (ROAE): 11.8%
2) Return on Average Assets (ROAA): 6.0%
3) Cost-to-Income Ratio (CIR): 52%
Outlook for 2025
With a strong financial position and an unwavering focus on innovation, Chams Holdco is well-positioned to sustain its growth momentum. The company remains committed to leveraging technology, expanding its service offerings, and driving long-term value for its stakeholders.
About Chams Holdco
Chams Holding Company Plc is a leading Nigerian technology-driven company specializing in digital identity, payments, and e-commerce solutions. With a legacy spanning over three decades, the Group continues to pioneer innovative solutions that drive financial inclusion and digital transformation.
For media inquiries, please contact:
Chams Holdco Brands and Communications Team
Email: brands@chams.com
Website: www.chamsplc.com

So after all these stories no dividend

Last last

olaremint:
So after all these stories no dividend

olaremint:
So after all these stories no dividend

It's unaudited financial statement.

Sunrisepebble:
I actually sold on Friday. You know me i'm a disciplined investor, when things get to my junction, I exit. Sold about 20k on Friday. Channeling to Zenith

pls I notice deduction after sales amount to around 2.2% and I use morgan capital. The receipt sent to me, bank payment was noticeable less. Sent mail and no response

Ginalex:
@oga megawealth01 I picked some CWG at 7.60 on your call o. It's closed higher at 9.20. I say make I declare and say thank you

Yes.. I recall this his pick early this year.

Good morning madam mercy and others, please which N2 to N3 stock has a good history of paying reasonable dividend? I just need directions please

Ding !!!