₦airaland Forum

GeeKudi:
https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/TANTALIZERS_PLC_ACQUIRES_10_TRAWLERS_.pdf

full bid loading

ositadima1:
Emotions are clouding your judgment. Where was the revaluation taxed, if I may ask? Look carefully—it is below the profit for the year. That’s why the EPS is negative. If you add back the revaluation, the EPS will turn positive. They simply played on your intelligence.

Did you notice the interest expense? Isn’t it higher than the actual profit from operations? And did you read where I mentioned that even if you remove the ₦208 billion, the company would still be in losses?

Can you provide your own summary of the financials—just the raw figures? I want to see your calculations. Like I said before, don’t let stubbornness and emotions cloud your judgment.

In one of Trump's interviews, the interviewer asked him, "What if Russia breaks the proposed ceasefire?" Trump replied, "Too many what-ifs. What if a bomb falls on your head right now?" LOL.

Are you really going to base your investment thesis on the Naira strengthening back to below ₦1,000? I thought you were a street guy—maybe I was wrong.



One more thing—if the losses are unrealized, why did they include them there instead of below the profit for the year? Everything that contributes to the profit for the year has already been accounted for.

You said nothing and beating around the Bush
You claimed the revaluation is based on reclassification of asset and used your land as example.
Do you reclassify your asset as income and taxed.
Do you know what realised and unrealised loss stand for.
Are you saying unrealised forex loss can not be reclassified in future
What is emotion here and trump issues got to do with financial results.
Was it based on emotion you made buy call on ellahlakes and has not made analysis on the results since it came out.
I stand with my analysis on sugar results and started buying sugar at IPO and reject what you claim as revaluation .I bought many afolabi units at #6 and averaged up.I have collected dividend for sometimes too....talking of yeye emotion,lol
I have never been on loss at sugar even at #30 though I would have made big cash selling at #80
I still told you going forward that the only challenge sugar will have is cost of finance. .
I don't need validation from anyone on my investment decisions so anyone opinion is never seen as an attack on the business.
Thr is difference btw loss in financial statement and unrealised FOREX loss disclosure in a financial statement .If naira strength to #1300 before payment date.You should expect the unrealised forex loss to reduce and it will increase if naira weakness. It is never over till executed it becomes realised forex loss


On a different note,what you think about me as street person makes no difference too me.
And you don't have to prove that you are right or wrong in selling your sugar to take up another opportunity in the market. We all rebalance our portfolio for various reasons

Ding!!!

Wigwe family dey sell their Access stake Ni.
I no understand
As I dey average down the thing dey go down

Maybe the market is averaging your average

Payunsin:
Wigwe family dey sell their Access stake Ni.
I no understand
As I dey average down the thing dey go down

Streetinvestor2:
I beg to disagree with you.The revaluation was not based on assets. The valuation on biological assets take care on that.
When I checked dangota sugar and IB results at the pick of these loses. This are two companies I am in big afolabi units. So I wanted to know the major cause of the loss.I saw the loss was on forex then.The difference was IB forex loss was already realised on large scale and nothing could change it.That of sugar was not yet realised on large scale.
The revaluation is from the revaluation on that loss based on the strengthening of naira against dollars. That is why it was classified as income and taxed
The company still has 200B plus unrealised loss which some could be written back in future if naira still strength further at payment time. Technically looking sugar made no loss as equally all those big losses you saw in the past wr just accounted for but not yet realised. This means most of thr forex dealings are forward contact on dollars which could change in value at future payments date.That means sugar is not buying thr raw materials on cash and carry bases.

The backward integration will only reduce forex exposure.The results of sugar for this year will definitely be much better because alhaji has added true cost to sugar now based on exchange rate.
The only problem sugar has now is the cost of finance which should go down soon because CP rates will definitely drop as other government rates drop

What is the difference between asset and biology asset.

Please educate me


One musician said y*nsh na y*nsh.

Princkez:
full bid loading

Already on full bid

sterlingD:
For corporate action go to https://ngxgroup.com/exchange/data/corporate-disclosures/ click on the your stock of interest under the company column.You will be guided to company profile page.Explore the page and you will see profile , financial statement, CORPORATE ACTION,director dealings

The main NGX corporate actions website l dont know what has happened to it

https://ngxgroup.com/exchange/data/corporate-disclosures/
This Link is not working now.

Streetinvestor2:
like one oga said.You talked about a business and some are talking about a stock.
The business is wonderfully made and doing great..They really know how to multiple the money they got from the bonus issued.

I am looking forward to see which bank can do same from recapitalisation money.I am betting on gtbank and uba in such regards based on q1 2025 results.

I will definitely buy back the ucap I sold to take position in another stock

UCAP has struggled up to N19.00

First bank is not taking orders

essentialone:
https://ngxgroup.com/exchange/data/corporate-disclosures/
This Link is not working now.

Na their way. Once in a while the link /website acts up but later it acts well

Payunsin:
Wigwe family dey sell their Access stake Ni.
I no understand
As I dey average down the thing dey go down

How much did you buy if you are averaging down @24?

emmanuelewumi:
What is the difference between asset and biology asset.

Please educate me


One musician said y*nsh na y*nsh.

The biological assets could be seen as a subset of the company asset. The biological assets is seen in companies that are into physical farm.This assets value change at different growth stage of the crops
The government equally uses it to make valuation sometimes when they want to pay compensation on road construction. The government could decide to pay for only biological assets on the road /buiiding construction without paying for land.
I know thr is hiden matter in this question based on my post.So I am waiting for it

aj8:
Wema looks good for at least N12.00.

The banks’ financial dry season is about to end. The wet dividend season is loading. As usual, some banks would want to push approval to after the first quarter, 31st March, to leverage prices on a show of strength in their first quarter results. Keenly watching Wema. Wema needs to show considerable strength in dividends to make the upcoming offers attractive.

My new target for Wema is N14.00ish. Should be easy enough if they can pay N0.75 dividend alongside a good show of strength in the first quarter of 2025 to help push their price well over N12.00. This would boost an offer to the public at or around N12.00.

unite4real:
First bank is not taking orders

There is another: firstholdco also listed. They need to remove one lets start the ride

There seems to be a subtle shedding in the market over the last 5 trading days...

I saw this when they posted their 2024 financial report.

I don park there since.

aj8:
The banks’ financial dry season is about to end. The wet dividend season is loading. As usual, some banks would want to push approval to after the first quarter, 31st March, to leverage prices on a show of strength in their first quarter results. Keenly watching Wema. Wema needs to show considerable strength in dividends to make the upcoming offers attractive.

My new target for Wema is N14.00ish. Should be easy enough if they can pay N0.75 dividend alongside a good show of strength in the first quarter of 2025 to help push their price well over N12.00. This would boost an offer to the public at or around N12.00.

KarlTom:
There seems to be a subtle shedding in the market over the last 5 trading days...

Subtle tortoise

It's like Tantalizer is the only stock on full bid. This trump has succeeded in creating a global red sha

essentialone:
https://ngxgroup.com/exchange/data/corporate-disclosures/
This Link is not working now.

It's working

https://ngxgroup.com/exchange/data/corporate-disclosures/

NAHCO......abi result don land?

Looking like it

Princkez:
NAHCO......abi result don land?

idealtailor:
Thank you so much for this insight analysis. I was already looking at the same companies you picked due to the research I have done on them.
May God bless you for doing this for free.

Can you view live trades?
You may have to hold on with purchases for now.....OR, be picking in tranches
Quite some sell off in the market, especially with stocks that did Rights Issues and Public Offers..
Market is currently pricing-in the effect of the likely low dividends, should the PO/RI have impact on the dividends.....
It will stabilize with time, ahead of release of their results

* What you're to do is to keep track of the prices so you can be picking at lower junctions.
* If you're already inside, then don't panic sell at loss, you'll just have to wait it out.
* Some stocks are still defensive despite the sell off anyway

** This is my opinion**

yMcy56:
It's working

https://ngxgroup.com/exchange/data/corporate-disclosures/

Yeah, They have fixed it.

ositadima1:
Emotions are clouding your judgment. Where was the revaluation taxed, if I may ask? Look carefully—it is below the profit for the year. That’s why the EPS is negative. If you add back the revaluation, the EPS will turn positive. They simply played on your intelligence.

Did you notice the interest expense? Isn’t it higher than the actual profit from operations? And did you read where I mentioned that even if you remove the ₦208 billion, the company would still be in losses?

Can you provide your own summary of the financials—just the raw figures? I want to see your calculations. Like I said before, don’t let stubbornness and emotions cloud your judgment.

In one of Trump's interviews, the interviewer asked him, "What if Russia breaks the proposed ceasefire?" Trump replied, "Too many what-ifs. What if a bomb falls on your head right now?" LOL.

Are you really going to base your investment thesis on the Naira strengthening back to below ₦1,000? I thought you were a street guy—maybe I was wrong.



One more thing—if the losses are unrealized, why did they include them there instead of below the profit for the year? Everything that contributes to the profit for the year has already been accounted for.

like seriously. You did not see the income tax on revaluation.
I don't have that time to continue. It was how you argued and still believe that recapitalisation fund raised by banks will be locked up in safe box at cbn volts..lol
You have don your analysis on the profit/loss page of the statement and I have done mine.
The only problem sugar has going forward is cost on finance. The full backward integration will only be future plus to sugar but cannot stop it from returning back to profit.
I am done on sugar.

You can talk on ellahlakes as per the results let hear you as per you made buy call thr

NGX needs to standardize they way they name company tickers. Right now it is just random

Mpeace:
There is another: firstholdco also listed. They need to remove one lets start the ride

Some stocks are still defensive in market despite the sell offs in banking sector and some other stocks.......

OANDO be like: you cannot continue to vent your anger on me every time.....I refused to be on full offer..😊

Surprisingly, Livestock, Ellah Lakes and few others are still on the defensive side........
**Gave in towards COB*

TANTALIZER, SMURFIT on full bid amidst the "red"...
UCAP on the defensive side @18/18.30...

Raider76:
NGX needs to standardize they way they name company tickers. Right now it is just random

It's standardized.

All FBNH holders have been moved to FirstHoldco ......... Just remain to delist FBNH from the premium table

Streetinvestor2:
like seriously. You did not see the income tax on revaluation.
I don't have that time to continue. It was how you argued and still believe that recapitalisation fund raised by banks will be locked up in safe box at cbn volts..lol
You have don your analysis on the profit/loss page of the statement and I have done mine.
The only problem sugar has going forward is cost on finance. The full backward integration will only be future plus to sugar but cannot stop it from returning back to profit.
I am done on sugar.

You can talk on ellahlakes as per the results let hear you as per you made buy call thr

Is that how income tax is reported—on a separate line outside profit from operations? Where is the income tax deducted from, if I may ask? They only confused you to prevent a price crash.

If your so-called revaluation was factored in, why is the EPS still negative? And why are we even discussing it? What truly matters is the money generated from operations—Dangote Sugar’s core business—not revaluation gains.

As for the banks, I still stand to be corrected. The CBN ordered banks to raise capital as a buffer so they have reserves to stabilize in case of any issues. Common sense should tell you that such funds are not meant for investment; otherwise, it defeats the purpose.

yMcy56:
Some stocks are still defensive in market despite the sell offs in banking sector and some other stocks.......

OANDO be like: you cannot continue to vent your anger on me every time.....I refused to be on full offer..😊

Surprisingly, Livestock, Ellah Lakes and few others are still on the defensive side.....

TANTALIZER, SMURFIT on full bid amidst the "red"...
UCAP on the defensive side @18/18.30...

When it rains, it pours
All man go collect

LIVE: GROUNDBREAKING CEREMONY OF THE FIRSTBANK NEW HEAD OFFICE, EKO ATLANTIC.


https://www.youtube.com/watch?v=HkFdKJSRpmg