₦airaland Forum

emmaodet:
My concern with stocks like betaglass and vitafoam is the business itself.
Vitafoam is not your everyday consumption. You buy it once and for the next 10 years, you may not need another one coupled with the fact that there are many competitors I. The market.
So the earnings may not be consistent.
For Betaglass, the long term sustainability is shaky because government is forcing companies to be switching away from bottles.
I am even surprised that they made grate sales in Q1/25.
Not only did they sell a lot of what they produced, their inventory went down alot which is impressive.
Wondered what happened between January and March to warrant that since it is not festive period when people drink a lot.
But what is obvious is their operating leverage.
Since management and companies have little to none control over cost of goods affecting gross margins, the bulk of reducing operating expenses lies on good management of a company which they have proved.
That is a good management there

Their Biggest Cutomers is NB, it is likely that NB stockpiled packaging inventory in Q1.

yMcy56:
I don't think you'll be qualified.
Also, check your CSCS statement to confirm if it's there.
If you see it in your CSCS statement, you can forward it to your broker to add it to your trading portfolio.

Thanks for the response; I appreciate.

KarlTom:
On the SUGAR - RICE - NASCON merger talks

“The merger between SUGAR and RICE and NASCON is currently on hold. More importantly because a few things need to be done by SUGAR and also RICE. So, we are waiting for when we think is the right moment to consummate the merger… but discussions are still on and when… and as we progress, we will definitely inform the shareholders and the public”

Mr Olakunle ALAKE
Chairman, NASCON Board of Directors at AGM 2024, May 8, 2025

Thanks Karltom for this update.....
Hope still dey....

NettyNelly:
Their Biggest Cutomers is NB, it is likely that NB stockpiled packaging inventory in Q1.

Has NB pull out of champion brew that make packaging for them?

KarlTom:

Waoooo
That is 2.88b in value at the highlighted

emmaodet:
Waoooo
That is 2.88b in value at the highlighted

Who's this that's about selling?

SEPLAT FY DIV
57.05

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Announcement_of_Currency_Exchange_Rate_for_2024_Final_Dividend_and_Special_Dividend_.pdf

KarlTom:
SEPLAT FY DIV
57.05

How is the total dividend for 2024

emmaodet:
Waoooo
That is 2.88b in value at the highlighted

The guy just dey threaten una
Who sells that value on the floor?

Should be around 15-17cents in total for 2024

Streetinvestor2:
How is the total dividend for 2024

Agbalowomeri:
The guy just dey threaten una
Who sells that value on the floor?

My brother, na heart attack be this oo

megawealth01:
Who's this that's about selling?

My brother, that person na stock assassin

KarlTom:
SEPLAT FY DIV
57.05

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Announcement_of_Currency_Exchange_Rate_for_2024_Final_Dividend_and_Special_Dividend_.pdf

They gave fy div of 3.9Cents and special Div of 3.3cents

Total dividend (apart from the 3 interim dividends for q1, q2 and Q3). is 6.9cents which is = N111

emmaodet:
My concern with stocks like betaglass and vitafoam is the business itself.
Vitafoam is not your everyday consumption. You buy it once and for the next 10 years, you may not need another one coupled with the fact that there are many competitors I. The market.
So the earnings may not be consistent.
For Betaglass, the long term sustainability is shaky because government is forcing companies to be switching away from bottles.
I am even surprised that they made grate sales in Q1/25.
Not only did they sell a lot of what they produced, their inventory went down alot which is impressive.
Wondered what happened between January and March to warrant that since it is not festive period when people drink a lot.
But what is obvious is their operating leverage.
Since management and companies have little to none control over cost of goods affecting gross margins, the bulk of reducing operating expenses lies on good management of a company which they have proved.
That is a good management there

Vitafoam has subsidiaries and foam are not one time thing. They use in packaging, furnitures, noise proof, underlays e.t.c and with population of more than 90 million 18-45 people that will get married, upgrade house. They fall in the construction sector which is booming currently.

Mpeace:
They gave fy div of 3.9Cents and special Div of 3.3cents

Total dividend (apart from the 3 interim dividends for q1, q2 and Q3). is 6.9cents which is = N111

💯

Erniemax101:
move to Morgans capital. bamboo is a scam. they rip you off by inflating your average cost, imagine telling me that my old stocks, that i have bought and sold, deal done, will still affect my average cost if decide to buy same stock. my stocks were going no where only for me to review and see they inflated my average cost hence you cant make profit. do your maths on the app,calculate your average cost and compare it with what your dashboard on bamboo is showing you, you will be shocked. since i moved to Morgans capital iv not had any issues. Its a shame because bamboo has one of the best apps user interphase

Thanks for this 🙏🏿

faoogoke:
My broker sold my WEMA rights and the account statement he gave shocked me to the marrow.
Please gurus in the house is this statement true.

08-May-2025 05-May-2025 Stock Sale: 500 RR25WEMA @NGN1.05 for A/C 49286 N510.09
08-May-2025 05-May-2025 Stock Sale: 214,166 RR25WEMA @NGN1.00 for A/C 49286 N209,832.87

E gba mi o!

Market Price yesterday was between 13.80 and 13.95 for Wemabank shares.
The rights offer is for N10.45.

That's a gain of about N3 if I sell on the market now and use it to fund purchase of the rights. That means you could have gotten about N600k net of fees if you sold the equivalent volume of rights and buying it back by taking up your rights.

This is now heads up for me to decide on taking action. Sell on the floor and take it back as rights the volume I have sold and pocket the difference as a gain Or just take up my rights as WEMA has a trailing PE of about 2 using rights price and 2024 FY earnings. Also looks like a dividend yield of about 9 to 10% doable going forward based on rights price.

What are they using to pump transcohotel. Does it mean that the same thing cannot be deployed to move Transcorp and transpower?

Mpeace:
What are they using to pump transcohotel. Does it mean that the same thing cannot be deployed to move Transcorp and transpower?

make you follow me reason the matter. How can transcorp plc be selling way below the transcorp hotel

BabsO2:
Market Price yesterday was between 13.80 and 13.95 for Wemabank shares.
The rights offer is for N10.45.

That's a gain of about N3 if I sell on the market now and use it to fund purchase of the rights. That means you could have gotten about N600k net of fees if you sold the equivalent volume of rights and buying it back by taking up your rights.

This is now heads up for me to decide on taking action. Sell on the floor and take it back as rights the volume I have sold and pocket the difference as a gain Or just take up my rights as WEMA has a trailing PE of about 2 using rights price and 2024 FY earnings. Also looks like a dividend yield of about 9 to 10% doable going forward based on rights price.

Better street sense dey your talk.I didn't know the floor price and right price big reach that level

Mpeace:
What are they using to pump transcohotel. Does it mean that the same thing cannot be deployed to move Transcorp and transpower?

Infact am tired of their pumping ..imagine TRANSCORP selling way below transcohot

Erniemax101:
move to Morgans capital. bamboo is a scam. they rip you off by inflating your average cost, imagine telling me that my old stocks, that i have bought and sold, deal done, will still affect my average cost if decide to buy same stock. my stocks were going no where only for me to review and see they inflated my average cost hence you cant make profit. do your maths on the app,calculate your average cost and compare it with what your dashboard on bamboo is showing you, you will be shocked. since i moved to Morgans capital iv not had any issues. Its a shame because bamboo has one of the best apps user interphase

They have fixed the issue
That was the case earlier this year, and I had to "paara" for them sometime in February

But they have repented and fixed the bug
At least in my own experience.

Reduced my stake by 25% on Ellahlakes today @ about 10% loss. We moved

Mpeace:
What are they using to pump transcohotel. Does it mean that the same thing cannot be deployed to move Transcorp and transpower?

No be pump dem pump TRANSCORP by X10?

Agbalowomeri:
No be pump dem pump TRANSCORP by X10?

lol. That one na two years ago. Transcohotel pumping na every week

ojeysky:
Reduced my stake by 25% on Ellahlakes today @ about 10% loss. We moved

Just when it’s about getting interesting.

ojeysky:
Reduced my stake by 25% on Ellahlakes today @ about 10% loss. We moved

Why?

ARADEL. ±
CONOIL. ±
ETERNA. -2.22%
OandO. ±

aj8:
Just when it’s about getting interesting.

Don't expose the secret, we want it down.

NB have commenced the production of DISTELL products at their plant.
There will definitely be a greater demand for packaging by NB...

Every mallam to his kettle

NettyNelly:
Their Biggest Cutomers is NB, it is likely that NB stockpiled packaging inventory in Q1.

When people buy things without reasons, you are bound to sell at loss without reason.

Ote$ factor

Agbalowomeri:
No be pump dem pump TRANSCORP by X10?