₦airaland Forum

Guys, is bank charging Electronic Money Transfer Levy on dividend deposit legal? I think it’s not included in the 2020 (2022) act, is it?

Streetinvestor2:
Hunger and poverty they wound people for naija but all these companies just dey hammer for q1 results. Does it mean they have been exploiting the people of nigeria via all this increase in product and services hiding under inflation and government policies.
I am just reasoning the matter oh.

A more stable FX at the official market in Q1 than in any quarter in 2023 and 2024 is largely responsible. FX losses are now minimal. Also, increase in prices to match the inflation.

In Q1 2025 though, some manufacturing companies increased volume of sales and even MTN added 2.6 million new subscribers. So probably Q1 2025 also saw an improved economic environment all round than Q1 2024.

thebargainhunte:
Dangote Sugar: the cost of sales, finance cost and administrative expenses na hin Dangote carry finish us here. There were improvements like FX gain, increased revenues, increased in EPS, although negative EPS etc, but the cost of raw materials, labor and logistics remain very high. The company is still borrowing high because of increased interest rate. The stock will definitely fly high in near future unless our exchange rate tumbles and the interest rate remains very high.

Las Las Aliko go sell Dangsugar plus the shareholders to Chinese the same way he did for Dangflour

zendi:
The most shocking is that Nigerians are still guzzling enough beer to keep the breweries not only still in business but to actually remain hammering.

The only loss I have seen so far by a major company is Total Energies and that is understandable (the Dangote refinery effect). It’s been profit after profit all over in Q1. Even Cadbury with heavy losses since 2023 rebounded strongly.

PuristForest:
https://ewnation.com/veritaskap-gets-cut-in-half-by-elliot-wave-setup/
https://ewnation.com/regalins-bouncing-off-fibonacci-support/

Baba you still dey draw graph

This season na for FA

Agbalowomeri:
Na you dey look am as hammer
What about all the forex losses
Some will not come out of negative retained earnings for another two years

For a good number of them though especially the ones making more than 100% profits, FX losses are now minimal.

ACCESS
https://doclib.ngxgroup.com/Financial_NewsDocs/44037_ACCESS_HOLDINGS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

ZENITH
https://doclib.ngxgroup.com/Financial_NewsDocs/44036_ZENITH_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

FIDELITY
https://doclib.ngxgroup.com/Financial_NewsDocs/44035_FIDELITY_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

Analysts make una help us do the maths and comparison btw ACCESS and FIDELITY.......😊

Q1 in summary

Bluechip companies taking over this year

Finance companies (banks, insurance, ati bebelo) go back seat

yMcy56:
ACCESS
https://doclib.ngxgroup.com/Financial_NewsDocs/44037_ACCESS_HOLDINGS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

ZENITH
https://doclib.ngxgroup.com/Financial_NewsDocs/44036_ZENITH_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

FIDELITY
https://doclib.ngxgroup.com/Financial_NewsDocs/44035_FIDELITY_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

Analysts make una help us do the maths and comparison btw ACCESS and FIDELITY.......😊

ACCESS na audio

Agbalowomeri:
He would have left when the time comes to reap. He is PeTERiChY's comrade. Remember when Loco marketed TRANSCORP for month. He bought 10 million units and sold around N1.20 only for Otedola to come in Lol and the rest is history

Thanks for this sir.
I don't know you still remember this scenario.
Loco would have made massive fortune with TRANSCORP if he had been patient!!
He even bought plenty at N1.40 that time......before it fell back to N1 and below.

I even reminded him to re-enter at around 2+ or even 3.50 but he didn't.
I hope his impatience will not cost him CHAMS when it's time comes as well. 😊

Although I understood it's not easy to tie money down, but if he exited, he should continue to keep CHAMS on his watchlist and continue to monitor it for a news that may eventually lift it up.
He used to have eyes for some of those stocks, even if it didn't respond immediately.

aj8:
Betaglass Common Sense Target now N266.56

Massive!

yMcy56:
ACCESS
https://doclib.ngxgroup.com/Financial_NewsDocs/44037_ACCESS_HOLDINGS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

ZENITH
https://doclib.ngxgroup.com/Financial_NewsDocs/44036_ZENITH_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

FIDELITY
https://doclib.ngxgroup.com/Financial_NewsDocs/44035_FIDELITY_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

Analysts make una help us do the maths and comparison btw ACCESS and FIDELITY.......😊

Not a fair comparison. Access is bigger by every metric. Should be Fidelity Vs Wema or even FCMB. FYI, Access and Zenith bank interest income is in the same range. Cheque the results.

yMcy56:
Massive!

All these companies don dey do blood money

The banks are still making more money. All those parameters we use in assessing them are wrong. They should be selling at higher prices than they currently do. Companies in other sectors with similar earnings are trading at 3 to 4x the price of bank stocks.

Banks have been more consistent not only in earning but in dividend pay out too. Solid returns for investors over the ears.

yMcy56:
Thanks for this sir.
I don't know you still remember this scenario.
Loco would have made massive fortune with TRANSCORP if he had been patient!!
He even bought plenty at N1.40 that time......before it fell back to N1 and below.

I even reminded him to re-enter at around 2+ or even 3.50 but he didn't.
I hope his impatience will not cost him CHAMS when it's time comes as well. 😊

Although I understood it's not easy to tie money down, but if he exited, he should continue to keep CHAMS on his watchlist and continue to monitor it for a news that may eventually lift it up.
He used to have eyes for some of those stocks, even if it didn't respond immediately.

Mercy I am very sure I will not sell chams.
I still believe it will respond to news within this year.
The worst case for it is to attain #1.81 and reverses again

No wahala.Thanks for reminding me the mistake I made in Transcorp some years ago..

But I expected a bumper Q1 result from chams which failed.Does it means the mgt like the price at #2 or lower?

I just remembered this long trail of sell that very time up to 3 pages.10m units of Transcorp sold and in less than one month,news surface for good.its a pity.I will not like this experience again therefore I have to wait it out while I use other available funds to trade other stocks.

Agbalowomeri:
You sef don carry emotion join body. PRESCO will deliver another 100% and ELLALAKES will still be dancing palongo in hopeville Lol. Chop the food wey dey ground now and return to the other when e don don

Agbalowomeri:
Las Las Aliko go sell Dangsugar plus the shareholders to Chinese the same way he did for Dangflour

Agbalowomeri:
Baba you still dey draw graph

This season na for FA

Agbalowomeri:
You sef don carry emotion join body. PRESCO will deliver another 100% and ELLALAKES will still be dancing palongo in hopeville Lol. Chop the food wey dey ground now and return to the other when e don don

To you, it's hopeville, to me it's an investment that have higher chances of making me a billionaire, it may take time to happen but the chances of it happening is higher.

Remember buffet statement, if you buy what is popular often time, you wouldn't do well enough.

I have done the physical DD of the farm via a Friend and we like what we see n are ready to wait it out.

Ellahlakes looks like hopeville now but many will be surprised very soon.

Loco calls on multiverse comes to mind, people are still trapped, loco is trader an investor must avoid his calls.

Agba, boys are still expecting gt at 5, I hope it will still happen, I I'll also stake my gain from ellahlakes to buy that one too.

I understand this oyel business well, well, I know exactly what is going to happen all things being equal.


We wait.

Agbalowomeri:
Baba you still dey draw graph

This season na for FA

Na chart

crownprince2017:
To you, it's hopeville, to me it's an investment that have higher chances of making me a billionaire, it may take time to happen but the chances of it happening is higher.

Remember buffet statement, if you buy what is popular often time, you wouldn't do well enough.

I have done the physical DD of the farm via a Friend and we like what we see n are ready to wait it out.

Ellahlakes looks like hopeville now but many will be surprised very soon.

Loco calls on multiverse comes to mind, people are still trapped, loco is trader an investor must avoid his calls.

Agba, boys are still expecting gt at 5, I hope it will still happen, I I'll also stake my gain from ellahlakes to buy that one too.

Na so village people tie you down for Ellah for years now.
I heard they have 500 pigs and palm tree still have more 2 years to begin a full production.

I am sure to make millions in it before you.

HesInMe:
Lol. At least you don finally reach the 7th stage of grief:

Shock > Denial > Anger > Bargaining > Depression > Testing > Acceptance.

While not necessarily a joyful or happy stage, acceptance is where individuals come to terms with the reality of the loss and begin to move forward, finding a new normal.

This one na one of those motivational rubbish. Chams results is not good but t is not a dead company. We have many companies here that just turned green which has been bringing out loses for yrs now.They did not still declear loss.
I have never seen you own call.When the market turn red now .Many of you go disappear leaving the thread for mcy and few of us.Gurus when the market is green

Banks trade at a P/E discount in every major efficient market for a reason, even though they make money. A lot of their earnings is paper money that can vanish in an instant (see: subprime housing crisis in America). Unlike Presco, where we can touch the trees and the mills and can see durable, recurring oyel income. Banks' discount account for the higher risk to their earnings.

Bigdeal01:
The banks are still making more money. All those parameters we use in assessing them are wrong. They should be selling at higher prices than they currently do. Companies in other sectors with similar earnings are trading at 3 to 4x the price of bank stocks.

Banks have been more consistent not only in earning but in dividend pay out too. Solid returns for investors over the ears.

Lol. I didn't want to mention you in that post, as you still dey the 4th Stage:

Shock > Denial > Anger > Bargaining > Depression > Testing > Acceptance.

A desire to bargain for the loss to be undone.

Streetinvestor2:
This one na one of those motivational rubbish. Chams results is not good but t is not a dead company. We have many companies here that just turned green which has been bringing out loses for yrs now.They did not still declear loss.
I have never seen you own call.When the market turn red now .Many of you go disappear leaving the thread for mcy and few of us.Gurus when the market is green

presiade:
Guys, is bank charging Electronic Money Transfer Levy on dividend deposit legal? I think it’s not included in the 2020 (2022) act, is it?

it is unfortunately

HesInMe:
Banks trade at a P/E discount in every major efficient market for a reason, even though they make money. A lot of their earnings is paper money that can vanish in an instant (see: subprime housing crisis in America). Unlike Presco, where we can touch the trees and the mills and can see durable, recurring oyel income. Banks' discount account for the higher risk to their earnings.

Their assets (loans) easily could get bad

Agbalowomeri:
You will not see N8 after they complete recapitalisation

Mr time will tell. when zenith and uba can pay #5 and above

HesInMe:
Lol. I didn't want to mention you in that post, as you still dey the 4th Stage:

Shock > Denial > Anger > Bargaining > Depression > Testing > Acceptance.

A desire to bargain for the loss to be undone.

like your type can give me investment advice...lol.
Make your own call.You don dey sing praise of presco because Emma gave you epic answer on your question on the company...it is well

Locotrader:
Na so village people tie you down for Ellah for years now.
I heard they have 500 pigs and palm tree still have more 2 years to begin a full production.

I am sure to make millions in it before you.

I bought the stock just a year ago and still in profit. I'm not tied down by the company, I tied down my capital myself because I believed in what they are doing on like you that bought companies without any tangible reasons, just emotions. I'm sure you are still in loss with chams and will still lose 10% tomorrow, I see you as just a speculator in the stock market, change your ways, you don't have to prey on new bies to make money in the stock market.

Your response shows your emotions is getting better of you..



You can always do better.

Oyel money is real.. ellahlakes is going places.