₦airaland Forum

Agbalowomeri:
Lol and you think you will see exactly 75k units to buy?

Don't mind him

crownprince2017:
a N314.91 million net monetary
loss in line with IAS 29 was reported as a result of the hyperinflationary
environment in Ghana. However, it was an improvement to the
N756.60 million loss reported in Q1’25, reflecting moderation of
inflation in Ghana


Can someone please help me interpret the above statement I got from Cardinalstone analysis of presco.

I want to make sure we on the same page

It's same thing with Nigeria from 2023.
High inflation triggered Naira devaluation with respect to dollar inflows in companies leading to forex losses in 2023 & 2024.

Same scenario is playing out in Ghana I think. High inflation is affecting returns(net payables and receivables) but it's drastically reducing and nomalcy seems inview(from 756m to 314m) just as our own Naija forex volatility has stabilised.
#myview

Thoughts on downstream oil and gas H1 2025 numbers for Eterna, Conoil and Total

https://open.spotify.com/episode/33qHAn1pfwSdnklol4M4DW

megawealth01:
Presco still lost money because of inflation in Ghana, but the loss was much smaller than in the previous quarter, which is a positive sign indicating that the inflation problem in Ghana is not as bad as it was earlier in the year.

#Simplyput.

Common Sense Target for Mutual Benefits revised upwards to N4.48-N5.60


Please do your due diligence

aj8:
Common Sense Target for Mutual Benefits revised upwards to N4.48-N5.60


Please do your due diligence

If so,what a wonderful rally for my Royalex this week and beyond.If MB go do 5.60,a big hope for Royalex @ 7.

Argentina go play better but Nigeria go score.

Abeg make insurance gbe body make Royalex scatter ground kpata kpata

Outstanding shares and free floats go speak for each stock on the race.

How I wish 1.50 support go hold for days make I check something

crownprince2017:
Does it mean they have not been able to shift the cost to the consumer, I also think instead of selling to Ghanaian at loss they can as well export the commodity na since its more expensive elsewhere.

Or the inflation is not revenue related from palm oil.

The ₦314.91m IAS 29 loss does not mean they’re selling palm oil at a loss. It reflects the impact of Ghana's inflation on Presco’s financial position, not necessarily their pricing strategy. They could explore more exports if possible, but practical or regulatory constraints may exist.

The improved number versus Q1’25 simply means inflation in Ghana is still a problem, but a bit less severe now.

When it's all said and done! YOU WILL KNOW SOCIAL MEDIA remains Social! Get a life!

Arguing in peoples comment or being abusive is of no use to you.

FOCUS on the money!

What would be your target price?

ositadima1:
I’m buying 75,000 units of DangCem tomorrow. I'm dreaming of ₦800. I sold my entire position in total last week. Where’s that guy who tracks Level 2 data? You’ll see the 75k block live tomorrow.

Hamachi:
Great investors,
I need your candid opinion on this issue.
Presently my net portfolio in stock is #20m from initial investment of #2.8m.
I sold my charisma car on Nov '24.presently l footwagen around.l intended to sell part of my holding in stock to buy Toyota matrix worth of #5m. The issue now is should I hold on till Sept,25 because of the bull season or l should go ahead to buy the car.

The post below might help in your decision-making process.

Shalom428:
Dangote and I are two different people with two different philosophy about life .

With more than 8 Million Monthly for the next 25 years in my Bonds , I am definitely a happy man for life. Contentment is the key word

I don't need a yacht or private jet . I am not going to be a prisoner of rat race . The rat race is rigged to keep you running.

The set goal has been met , it's time to enjoy life while I can .

Best of Luck.

I hope this 2023 post 👆 by the elderly Shalom428 speaks to you as it spoke to me. "Stock portfolio" is not the only investment. Buying comfort for yourself with 25% of your portfolio value might be an investment. All towards good, healthy, comfortable living while it is still enjoyable.
The bull might last 3 years or 30 years; nobody knows. Same with the bear that will inevitably come one day and wipe paper profits without mercy.

Please has ARADEL released its Q2 ER and would there be Interim Dividend?

I recall making a similar comment about CAVERTON fee months ago.

It's okay to dash IN for SP appreciation, but don't forget to cash OUT at the appropriate time...

feelamong:
✅ Strategic Note

Unless you are a distressed asset specialist or insider investor with visibility into a debt restructuring plan or state intervention, this equity does not qualify as “deep value”—it is more “value trap.”




Caverton Plc

Agbalowomeri:
Lol and you think you will see exactly 75k units to buy?

depending on price his willing to buy..

Princkez:
depending on price his willing to buy..

He fit no see. Agba is coming to the market today with everything wey he don dey keep under the mattress to buy 2m units.
Over 650k units was done last Friday. 75k is not that much he will surely get. I got my 2 thaasan units upper week at N485

What do you think? Compare.

What do you think?

What do you think? Compare

So the bulk of our fuel we consume in this country is imported. Which way Nigeria?

Findings by The PUNCH, based on the latest fuel supply data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, showed that a staggering 71.38 per cent of Nigeria’s daily petrol consumption in May and June 2025 was met through imports.

The remaining 28.62 per cent was sourced from the $20bn Lekki-based Dangote Petroleum Refinery. This indicates that marketers, who are expected to access products locally with ease in the country, are instead spending the country’s scarce foreign exchange to import refined petroleum products.

The NMDPRA disclosed this during a presentation to the Federation Accounts Allocation Committee for the month of June 2025. Our correspondent obtained a copy of the presentation on Sunday.

https://www.nairaland.com/8490267/fuel-imports-surge-71-marketers

bastardson:
Please has ARADEL released its Q2 ER and would there be Interim Dividend?

Aradel has released Q2 result. No word yet on interim dividend.

https://doclib.ngxgroup.com/Financial_NewsDocs/44777_ARADEL_HOLDINGS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

sterlingD:
Aradel has released Q2 result but nothing has been said about interim dividend.

https://doclib.ngxgroup.com/Financial_NewsDocs/44777_ARADEL_HOLDINGS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

Thanks, eventually found it after I asked the question.

People are more interested in Oando.

What is your take on the result. The price has been stagnated for a while

bastardson:
Thanks, eventually found it after I asked the question.

People are more interested in Oando.

What is your take on the result. The price has been stagnated for a while

Why Always Oando? (apologies to Mario Balotelli)

Will the bull continue? Or will some slips become slippery

Utalinmou:
Will the bull continue? Or will some slips become slippery

Rain is falling

Ding

DING!!!

DeRuggedProff:
Here is the prompt:

Thank you Prof. i am reallyy grateful

Mpeace:
So the bulk of our fuel we consume in this country is imported. Which way Nigeria?

Findings by The PUNCH, based on the latest fuel supply data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, showed that a staggering 71.38 per cent of Nigeria’s daily petrol consumption in May and June 2025 was met through imports.

The remaining 28.62 per cent was sourced from the $20bn Lekki-based Dangote Petroleum Refinery. This indicates that marketers, who are expected to access products locally with ease in the country, are instead spending the country’s scarce foreign exchange to import refined petroleum products.

The NMDPRA disclosed this during a presentation to the Federation Accounts Allocation Committee for the month of June 2025. Our correspondent obtained a copy of the presentation on Sunday.

https://www.nairaland.com/8490267/fuel-imports-surge-71-marketers

Incredible

Mpeace:
So the bulk of our fuel we consume in this country is imported. Which way Nigeria?

Findings by The PUNCH, based on the latest fuel supply data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, showed that a staggering 71.38 per cent of Nigeria’s daily petrol consumption in May and June 2025 was met through imports.

The remaining 28.62 per cent was sourced from the $20bn Lekki-based Dangote Petroleum Refinery. This indicates that marketers, who are expected to access products locally with ease in the country, are instead spending the country’s scarce foreign exchange to import refined petroleum products.

The NMDPRA disclosed this during a presentation to the Federation Accounts Allocation Committee for the month of June 2025. Our correspondent obtained a copy of the presentation on Sunday.

https://www.nairaland.com/8490267/fuel-imports-surge-71-marketers

What do you expect. When this government is championing all kind of corruption and looting by all means available. The will soon borrow to the forth generation of nigeria. This is way the naira is not appreciating and they are celebrating stability. The pressure is still very heavy on dollar demand

aj8:
Common Sense Target for Mutual Benefits revised upwards to N4.48-N5.60


Please do your due diligence

Over 40m bids

Zegra:
Over 40m bids

For insurance