₦airaland Forum

debeey87:
Only Gen z do stuffs like that. Even when they had network glitches that made transaction impossible, I still maintained my 18yr old account with them.

debeey87:
Only Gen z do stuffs like that. Even when they had network glitches that made transaction impossible, I still maintained my 18yr old account with them.

sterlingD:
What happened is this as stated on page 11of the financial statement

Basic earnings per share are calculated by dividing the profit for the year attributable to shareholders by the weighted average number of ordinary shares in issue during the year.

The calculation of basic earnings per share as at 31stMarch2025 was based on the profit attributable to ordinary shareholders and weighted average number of ordinary shares outstanding:

The figure circled in yellow was what was used to calculate the EPS which was then annualized

35,800,740 / 17, 858,502 = 2.004689

Annualized 2.004689 * 4 = 8.0188 approx. to 8.02

l am still trying to understand the factor that they used to arrive at the weighted average. They have been using this method. l went back to review last year's quarterly financial statement and l noticed this same patten was used to calculated and arrive at EPS for each quarter which was then annualized

aj8:
In other words, something must be right or CBN, external auditors, all the egg heads in Wema etc., must be wrong to approve year end 24.

jonnysessy:
Is Makanjuola the CEO of CAVERTON ?
Just asking because I don't know.

NSEstudent:
Might be unrelated but does it mean you're encouraging mediocrity and corporate 'anyhowness'? If not, of what use is the account if, using your own words, transactions are made impossible?

stronglink:
Can anyone please explain to me as to why after buying some shares via afrinvestor and they returned back my money even after receiving x-alert for the shares.

jonnysessy:
Is Makanjuola the CEO of CAVERTON ?
Just asking because I don't know.

SonofElElyonRet:

https://www.youtube.com/watch?v=Lld7Cma-p7Q?si=jV-rlpdiuztO_FPL

NATASHA LULE PI !
Trust politicians at your risk

fashionnisir:
Please send a mail to brokerageteam@afrinvest.com to contact them

emmaodet:
We may see okomu close to #1,000 per share with this Q1/25 eps of #22.79

megawealth01:
Founder

gold360:
Someone shared this on Facebook,
How true?

₦100,000 invested at the beginning of the year and how it has performed as at 30th April, 2025:



31 Bought Chellarams Plc - ₦ 213,243.27

32 Bought Vitafoam Nig Plc - ₦ 142,792.56

3 3 Bought ETERNA PIC - ₦181,636.18

34 Bought Scoa Nig. Plc - ₦216,999.80

35 Bought Presco Plc - ₦165,266.05

36 Bought NNIG. Flour Mills Plc - ₦170,842.50

37 Bought NCR (Nigeria) Plc - ₦132,727.29

38 Bought Trans-Nationwide Express Plc -₦100,000

39 Bought University Press Plc (UPL) ₦97,151.78

40. Bought Zenith bank plc -₦108,885.62

starpower:
it is a seasonal businesses revenue will decline from next quarter and cost will go up for crop management.

Youngzedd:
GTBank arrested VDM.

https://www.nairaland.com/8414959/verydarkman-arrested-over-gtbank-loan#135211733


Who is advising these people? There are many ways to handle such an issue.

Now, it's operation close your GTBank account next week.

Their social media pages are on fire. Massive reporting and protest.

Harvestock01:
I should close my bank account because of another person? Where was the person when I opened my account? Anyways, na person wey I'm account no dey useful go do that kain stuff. How much is the account closing charges sef🤣

starpower:
it is a seasonal businesses revenue will decline from next quarter and cost will go up for crop management.

debeey87:
Like I said, I have banked with them 18yrs. Nothing of such happened in those years. Other banks had similar software upgrade issues same period although theirs was worse. So a glitch that lasted less that 3months or under 6months isn't enough to close an account for me. Not speaking to the issue at hand with VDM and his mother.

zendi:
You sound sharply knowledgeable in the industry.
Any thoughts or solid info on Ellah Lakes?
It had been a baby stock since Onyiuke/Soludo era that I came into the market.

Streetinvestor2:
Lol.Na joint account me and the person get.If he knows the stress I went through to get that account across registrar in the days of analog. If person tell me such rubbish I fit kpai...lol.Some times I had to travel to this registrars office in person to submit documents when my analog broker fails to be able to get my dividend.
Na all these people way not get better money for bank dey make noise....students thing

jonnysessy:
Thanks. I thought that since you are Megawealth01 and you said you were patient with CAVERTON. So, I interpreted it that your patient will not allow you to lose wealth. Since Makanjuola means not to rush wealth

Youngzedd:
GTBank arrested VDM.

https://www.nairaland.com/8414959/verydarkman-arrested-over-gtbank-loan#135211733


Who is advising these people? There are many ways to handle such an issue.

Now, it's operation close your GTBank account next week.



Their social media pages are on fire. Massive reporting and protest.

Youngzedd:
GTBank arrested VDM.

https://www.nairaland.com/8414959/verydarkman-arrested-over-gtbank-loan#135211733


Who is advising these people? There are many ways to handle such an issue.

Now, it's operation close your GTBank account next week.

Their social media pages are on fire. Massive reporting and protest.

ositadima1:
So, Brother EmmaOdet, while you’re sharing all this profitability news, please do us a favour: convert the figures to dollars—using the old rate (below ₦700) and the current rate (around ₦1,600)—so we can make a more meaningful comparison.

Thank you.

emmaodet:
In 2014, #2m was $10k @ $1 = #197
If you had invested the 2m in ngx stocks at an average rate of 30% per annum returns (plus dividends and bonuses), that money would be #27.2m in 2024
That #2m will be #40.2m @ 35% average returns in 10 years
The same $10k dollars would have been #32.5m in 2024 @1,650 per dollar
A 50/50 exposure of your portfolio to naira/dollars investment would have returned between #30m - #36m in that same period.
The basic thing is that a return of minimum 30% per annum on your investment in naira investment will just do fine and a blend of both to be conservative.

Streetinvestor2:
How will the 10k dollar be #32.5m instead of #16.5 m

emmaodet:
If it was invested in dollar fund at average rate of 7% per annum, it would have returned $19,600 which is 32.5m at #1,650 rate

Youngzedd:
GTBank arrested VDM.

https://www.nairaland.com/8414959/verydarkman-arrested-over-gtbank-loan#135211733


Who is advising these people? There are many ways to handle such an issue.

Now, it's operation close your GTBank account next week.

Their social media pages are on fire. Massive reporting and protest.