₦airaland Forum

megawealth01:
Make I no talk ooooo. Been extremely busy lately

APC government is the WORST thing that happened to Nigeria
They have steered our country through a lost decade
And we still have dummies, some even on this thread with us, (the overt and covert ones) who still cheer for and hail them

No worry, make una continue ..

The other day, that midwitted Gala MD was talking about "how money is in Nigeria" in his ill fated tweet.
Well sha
Lemme just drop pen for now and be observing the market
Make una continue se

Shouldn't we be cautious of accepting their profit declaration since they declared dividends despite having negative retained earnings? I understand that many analysts put a red flag on a company that gives out dividends while their retained earnings are negative. This is because whatever caused such a company to give dividend can also cause it declare false profits. That is why CBN doesn't sllow banks to do thst. I am not saying that is the case with Japaul in this case. But some may take this into account. It is better for a company that made a loss to pay dividend from existing retained earnings.

Ginalex:
Japaulsand to the world 🤸💃. It's like I'll keep this as a long term investment.

Raider76:
Shouldn't we be cautious of accepting their profit declaration since they declared dividends despite having negative retained earnings? I understand that many analysts put a red flag on a company that gives out dividends while their retained earnings are negative. This is because whatever caused such a company to give dividend can also cause it declare false profits. That is why CBN doesn't sllow banks to do thst. I am not saying that is the case with Japaul in this case. But some may take this into account. It is better for a company that made a loss to pay dividend from existing retained earnings.

It's always good to be cautious with Japaul and Oando....dine with a very long spoon! #peace

RodgersAkpafu:
APC government is the WORST thing that happened to Nigeria
They have steered our country through a lost decade
And we still have dummies, some even on this thread with us, (the overt and covert ones) who still cheer for and hail them

No worry, make una continue ..

The other day, that midwitted Gala MD was talking about "how money is in Nigeria" in his ill fated tweet.
Well sha
Lemme just drop pen for now and be observing the market
Make una continue se

The same 'midwitted' Gala MD has been creating jobs and delivering value to Nigerians for decades. As far as the economy is concerned, he probably has more skin in the game than you do — unless 'midwitted' has some other meaning than the one we know.

22 APRIL 2025 NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
Market was fair for the day just in line with global market perspective. With oil as key factor and US/China factor holding down oil price, now with Trump likely confirmation of soft pedaling on the feud, we should see more green days in the market.

Indices wise, Consumer goods sector was top yesterday followed by Insurance . Looking at our proposed trades our of our list, UCAP should be one of the stocks in focus.

The likely performance of the banks looks somehow,it seems the fintechs are taking away more business from the banks (surprised that for 4the QTR 2024, looking at the 3 months alone, FCMB made a loss (likely due to loan impairment provisions), no wonder for March 2025 we see a lower figure compared with the 2024 figure.

We have updated the profit forecast for NAHCO and FCMB. FCMB will likely see a lower Profit in March 2025 l

yok:
22 APRIL 2025 NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
Market was fair for the day just in line with global market perspective. With oil as key factor and US/China factor holding down oil price, now with Trump likely confirmation of soft pedaling on the feud, we should see more green days in the market.
We have updated the profit forecast for NAHCO and FCMB. FCMB will likely see a lower Profit in March 2025 l

@yok, you are welcome back, after a long break.

When is Oando crediting the bonus shares to us?

I thought they said this month.

designking:
When is Oando crediting the bonus shares to us?

I thought they said this month.

😁😂

designking:
When is Oando crediting the bonus shares to us?

I thought they said this month.

You dey one chance you know no?

Ding

designking:
When is Oando crediting the bonus shares to us?

I thought they said this month.

No cause for alarm. Probably after their Audited result/AGM

yMcy56:
This Abbeybids, can it sustain the share price of 9.85?
Even trading above FCMB in market today...
Wonders of the century......
Though I didn't check out the OS anyway
Hope the current price is not a trap

Thanks so much madam for the info about VFD opening price after mark down.
Garcias

Mfunkynation:
Thanks so much madam for the info about VFD opening price after mark down.
Garcias

You're welcome.

* VFDGROUP was marked down today for both bonus of 5:1 and N2. 50k dividend.
* Opening Price: 15.60
* Currently on full bid @17.10.......+10% upside for today.... 😊

📊 Market is open!

Can we build on yesterday’s green momentum? 🍀
NSLTECH(+9.8%), INTBREW (+9.09%), & JAPAULGOLD (+6.1%) are already bubbling up early in today’s session.
But not all’s rosy... AIICO is down -7.32% and UNIVINSURE -1.96% so far 🔻

Track the pulse in real-time.
https://stockbubbles.com.ng/

faoogoke:
You dey one chance you know no?

Nothing like one chance.....
Needs to go thru SEC approval first before the distribution.......
EXCEPT SEC did not approve it....... and other means of paying it will be proposed.

The same VFD that was on full offer n Monday n Tuesday.

Indeed, you can never understand how human being thinks.

Vfd is going places but still long term investment.

FBNH
Corporate Action...

https://doclib.ngxgroup.com/Financial_NewsDocs/43834_FIRST_HOLDCO_PLC-FIRST_HOLDCO_PLC_-_CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACTIONS_APRIL_2025.pdf

FBNH Q4 2024 Financials:
https://doclib.ngxgroup.com/Financial_NewsDocs/43818_FIRST_HOLDCO_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2025.pdf

VFDGROUP
Earning release....
https://doclib.ngxgroup.com/Financial_NewsDocs/43840_VFD_GROUP_PLC-VFD_GROUP-Q4_-_2024_AFS_EARNINGS_PRESS_RELEASE_CORPORATE_ACTIONS_APRIL_2025.pdf

lionshare:
The same 'midwitted' Gala MD has been creating jobs and delivering value to Nigerians for decades. As far as the economy is concerned, he probably has more skin in the game than you do — unless 'midwitted' has some other meaning than the one we know.

Doesn't make him less of a mid wit

At every level in Nigeria, there are midwitted people giving midwitted takes all the time

My best reference to this was when "educated Nigerians" were arguing on Twitter as to why Nigeria does not need 24 hrs light

someone will say now that because the person is "providing" jobs, that such analysis does not potray being "not sharp"

Pointing to the profits of a few firms in a weak and battered currency as your "proof" that Nigeria ain't poor is a midwit and silly take

No spinning it

yMcy56:
FBNH
Corporate Action...

https://doclib.ngxgroup.com/Financial_NewsDocs/43834_FIRST_HOLDCO_PLC-FIRST_HOLDCO_PLC_-_CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACTIONS_APRIL_2025.pdf

FBNH Q4 2024 Financials:
https://doclib.ngxgroup.com/Financial_NewsDocs/43818_FIRST_HOLDCO_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2025.pdf

VFDGROUP
Earning release....
https://doclib.ngxgroup.com/Financial_NewsDocs/43840_VFD_GROUP_PLC-VFD_GROUP-Q4_-_2024_AFS_EARNINGS_PRESS_RELEASE_CORPORATE_ACTIONS_APRIL_2025.pdf

So it's 60k for real for real 😳
It's still feeling like a dream

Those intending seller were trying to avoid the markdown (and potential wait for bonus)...

crownprince2017:
The same VFD that was on full offer n Monday n Tuesday.

Indeed, you can never understand how human being thinks.

Vfd is going places but still long term investment.

designking:
When is Oando crediting the bonus shares to us?

I thought they said this month.

It is packaged and ready. The ceremonies did not start today. But crediting it now will drop the price further nearer to PH. There are merciless sellers who will chase a defenceless stock all the way down to the car park if they can see buyers.

NASCON
The type of bids here these days......
DANGSUGAR seems to be holding NS back, by now it's supposed to be well above 50.....

* All those that ran away from ACCESS seems to be running back when they saw FBNH dividend......... Na one thing go dey teach dem lesson for their lack of contentment...... 😁
ACCESS @23 as at now....

* The same FBNH they're castigating and waiting @circa 15 abi na 5 self...... has refused to fall lower than 23.50/23.75 in market....
* This market no be Una mate....
* Some guys are there to handle your sell offs, ahebi na you no want 60kobo 😊

zendi:
It is packaged and ready. The ceremonies did not start today. But crediting it now will drop the price further nearer to PH. There are merciless sellers who will chase a defenceless stock all the way down to the car park if they can see buyers.

That's if the management never ready for them.
E get as Dem dey handle this kind thing...

The banks with their huge OS refused to fall below certain prices..... E get why.
Those expecting the prices at ridiculous lows may have to wait longer...... that's the situation of things on ground, at least for now.

Once SEC gives approval, the distribution will be credited.
We can see how it plays out in other bonus scripts as well.
** The unusual delays from SEC is worrisome, something needs be done to speed up the processes.

** Oando to release result on/before may ending**

Yes. I remember the agony of waiting for allotment in UCAP. I hope SEC does something to speed up the process.

KarlTom:
Those intending seller were trying to avoid the markdown (and potential wait for bonus)...

📍 Midday Market Pulse

designking:
When is Oando crediting the bonus shares to us?

I thought they said this month.

This month don end?

Massive volume in FIDELITY
What's happening here?
Sighted @20.35!!
Over N7bn in transactions so far .........with over 365M units

FIDELITY planning to overtake ACCESS? 😳

** Jegede should pls come and assist to move JAPAUL to N5 o . 😁

I need clarification on this UBA Dividend reinvestment program.

Is it compulsory for all?

If reinvested now, when will it mature?

Can it be withdrawn at any time one wants to discontinue with the reinvestment program?

Assuming but not conceding that my gross dividend is N200,000 and my Net dividend after WHT Tax will be N180,000. On which of them will the 17.875% per annum be applied on?

Will there be double taxation? Will the profit from the reinvestment program be taxed again?

Please reply urgently. Next tomorrow is the D-Day.

"... in this world, nothing is certain except death and taxes..."

If you miss NB at 29/30,don't miss champion at the current price.E get why

yMcy56:
Massive volume in FIDELITY
What's happening here?
Sighted @20.35!!
Over N7bn in transactions so far .........with over 365M units

FIDELITY planning to overtake ACCESS? 😳

** Jegede should pls come and assist to move JAPAUL to N5 o . 😁

Nothing is impossible this days in manipulation of share price....#5 you said.