₦airaland Forum

GeneralDae:
Okay my bad. You are right.

In dollar terms, that 27 trillion naira na moi moi compared to the 10 trillion in 2015.

It still does not negate the fact that the best naira investment out-ranked the best dollar-equivalent investment(except for cocoa)

*(context 2023 till date)

In my view, since most of these insurance stocks have poor dividend pay out ratio, 1 think one should thread with caution when dealing in them

sterlingD:
The result no bad but the cost of sales, general and administrative expense brought them down compared to 2024 and the other comprehensive income for the year net of tax for 2024 made the result of 2024 have the edge over the result of 2025

They need to work on the cost of sales and general and administrative expense.

They seem to have managed to reduce admin. expenses by 50% in Q1 and Q2 2025.
What remains is to achieve similar (or better) reduction in costs of sales and finance costs (after raising additional capital)

kintus:
PZ, Dangsugar and Cadbury....why are they nosediving? Thought the had good results? Abi is there something else happening in that industry that we are not aware of?

Oga, please help us out. Thank you in advance for the feedback.

trading prices appear to be different from market prices so they closed the same way they started.

stokfrick:
In my view, since most of these insurance stocks have poor dividend pay out ratio, 1 think one should thread with caution when dealing in them

How old are you in this business?
You have a free information without payment that most insurance are going to do 200/300% and you are here talking of dividend.
Anyway,everyone can't be making money at the same time.
Some will be rich while some will be middle class and others poor.

INSURANCE SECTOR THE NEXT BOOM.

Locotrader:
How old are you in this business?
You have a free information without payment that most insurance are going to do 200/300% and you are here talking of dividend.
Anyway,everyone can't be making money at the same time.
Some will be rich while some will be middle class and others poor.

INSURANCE SECTOR THE NEXT BOOM.

Oga pls stop chest beating indirectly, this is a faceless forum and you don't know me In person. Where your wealth stop is where another person's wealth starts.
I just aired my opinion and I am free to do so. You can air yours without belittling mine.
And mind you none of us here can control or predict stock prices accurately in the long run
Cos, if you're so sure of yourself 100percent, then give a definite time frame for your 200/300 percent, otherwise your throwing around of these figures here and there amounts to just speculation.

stokfrick:
Oga pls stop chest beating indirectly, this is a faceless forum and you don't know me In person. Where your wealth stop is where another person's wealth starts.
I just aired my opinion and I am free to do so. You can air yours without belittling mine.
And mind you none of us here can control or predict stock prices accurately in the long run
Cos, if you're so sure of yourself 100percent, then give a definite time frame for your 200/300 percent, otherwise your throwing around of these figures here and there amounts to just speculation.

I am sorry my oga

sterlingD:
ASO SAVINGS
https://doclib.ngxgroup.com/Financial_NewsDocs/44815_ASO_SAVINGS_AND_LOANS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44813_ASO_SAVINGS_AND_LOANS_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44816_ASO_SAVINGS_AND_LOANS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_AUGUST_2025.pdf

Hopefully suspension on the trading of ASO Savings and Loans will be lifted very soon/

Locotrader:
It looks like I am an insider in this case.
Bros you will regret selling Aiico.
Aiico is doing 200-300%
Insurance stocks are going to be a talk of the town.
The bull descending on them is hurricane one.
Aja8 alias common sense did not give us the full information.He only worked on MB as if it's the best insurance stock to do 5.60 in his analysis not knowing others will vex and demand for their positions.

Watch out.You will give me another respect for revealing this

I wish the people in it safe journey.The q2 results no give me watin I like..I they look results this days not sentiment or emotion. The two results this yr no give me watin I want and many other insurance stocks.
As they reach my target. I sell without looking back.
Fundamentally sound stocks need that money now before full yt

faoogoke:
Hopefully suspension on the trading of ASO Savings and Loans will be lifted very soon/

I can't wait to collect my school fees here too.The school fees do reach 15 yrs too

Locotrader:
It looks like I am an insider in this case.
Bros you will regret selling Aiico.
Aiico is doing 200-300%
Insurance stocks are going to be a talk of the town.
The bull descending on them is hurricane one.
Aja8 alias common sense did not give us the full information.He only worked on MB as if it's the best insurance stock to do 5.60 in his analysis not knowing others will vex and demand for their positions.

Watch out.You will give me another respect for revealing this

@Locotrader, I hope you realize that the EPS for Royalex is Annualized. I have equally assumed that the error in the FS ( not reflecting the extra000s is just an error.

The numbers don't look good beyond N2.00

OS = 8,266,698,940.00

PAT= 1,514,789(000) …mind you the extra zeros were not added but assumed its an error

Eps H1 = 0.37 (annualized)

Common Sense would therefore be 0.37 x 4 =N1.48

Just my opinion. Not really sure whats driving the volumes.

I could be wrong or missing something.

Streetinvestor2:
I wish the people in it safe journey.The q2 results no give me watin I like..I they look results this days not sentiment or emotion. The two results this yr no give me watin I want and many other insurance stocks.
As they reach my target. I sell without looking back.
Fundamentally sound stocks need that money now before full yt

Ref..the bolded: I share this view for now sir. However, the future for the insurance industry must be fixed to support a trillion Naira economy. Until that starts happening, it wouldn't make sense to hold tight.

Why is that so? or does it the volume traded isn't enough to affect the price?

Looks more like market manipulation in my own view. The sold volume on Cadbury was enough to push the price lower but the price remained N68.

otokx:
trading prices appear to be different from market prices so they closed the same way they started.

sterlingD:
ASO SAVINGS

Follow up from above
Also Savings don update financial statement up to Q2 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/44817_ASO_SAVINGS_AND_LOANS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_AUGUST_2025.pdf

From
https://ngxgroup.com/exchange/data/company-profile/?symbol=ASOSAVINGS&directory=companydirectory

Locotrader:
How old are you in this business?
You have a free information without payment that most insurance are going to do 200/300% and you are here talking of dividend.
Anyway,everyone can't be making money at the same time.
Some will be rich while some will be middle class and others poor.

INSURANCE SECTOR THE NEXT BOOM.

Chai, Loco Hypes Ltd wan kee pesin for dis place with the audacity of prediction.

The bolded info is free. It is also without payment !

Double chaii.

This one na operation bull dozer, mass defence, mass attack, on the insurance sector.

Be it according to your word.

We're already making money this year !

stokfrick:
Oga pls stop chest beating indirectly, this is a faceless forum and you don't know me In person. Where your wealth stop is where another person's wealth starts.
I just aired my opinion and I am free to do so. You can air yours without belittling mine.
And mind you none of us here can control or predict stock prices accurately in the long run
Cos, if you're so sure of yourself 100percent, then give a definite time frame for your 200/300 percent, otherwise your throwing around of these figures here and there amounts to just speculation.

You are very correct,no one can predict stock price accurately/100% . We are yet to see CI leasing at ngn25 naira as predicted by someone in this forum instead the stock keep going down ,as at now is trading below ngn7 .It is better at times to do your on research.

otokx:
Which stock wins the king of yo-yo movement?

I will advise you trade Japaul with caution, don't let your money be trapped.

Chai! Aso Savings has N50.7bn negative shareholder funds. And yet if its suspension is lifted now you will see full bids.

sterlingD:
ASO SAVINGS
https://doclib.ngxgroup.com/Financial_NewsDocs/44815_ASO_SAVINGS_AND_LOANS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44813_ASO_SAVINGS_AND_LOANS_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44816_ASO_SAVINGS_AND_LOANS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_AUGUST_2025.pdf

From FX pain to profit boom: Nigerian companies rebound big after devaluation 

https://nairametrics.com/2025/08/04/from-fx-pain-to-profit-boom-nigerian-companies-rebound-big-after-devaluation/#google_vignette

stokfrick:
Oga pls stop chest beating indirectly, this is a faceless forum and you don't know me In person. Where your wealth stop is where another person's wealth starts.
I just aired my opinion and I am free to do so. You can air yours without belittling mine.
And mind you none of us here can control or predict stock prices accurately in the long run
Cos, if you're so sure of yourself 100percent, then give a definite time frame for your 200/300 percent, otherwise your throwing around of these figures here and there amounts to just speculation.

Make I hear you go talk dividend again when Loco is on operation hundreds percent totality.

You're right at the ending though. The ancients called us all, led by Loco, speculators, b4 we were even born, bicos they did not know to say JIJOISTS.

Today's Top Volume Trades

DIVIDEND UPDATE AS AT AUGUST 4, 2025

NUMBER OF DIVIDENDS PER MONTH

January Nil
February Nil
March 3
April 14
May 28
June 12
July 10
August 14
Sept 8
October Nil
November 1
December Nil

DETAILS OF THE DIVIDENDS
1)
Vitafoam...N1.05...March 6
QD: Feb 7, 2025 PAID

2)
TransPower...N3.50...Mar 11
QD: Feb 11, 2025 PAID

3)
Geregu....N8.50....March 28
QD: March 13, 2025
Div Yield: 0.7% _PAID_

4)
United Capital...50k...April 4
QD: March 14, 2025
Div Yield: 2.7% PAID

5)
AfricaPrud.....60k....April 7
Bonus: 1 for 1
QD: March 21, 2025
Div Yield: 1.7% PAID

6)
NGX Group...N2.00....April 9
QD: March 13, 2025
Div Yield: 6.67% PAID

7)
TranscorpHotel..64k..Apr 10
QD: March 25, 2025
Div Yield: 0.5% _PAID_


CWG.......39k........April 11
QD: April 7, 2025
Div Yield: 4.86% _PAID_

9)
Afriland....50k......April 11
QD: March 28, 2025
Div Yield: 2.56% _PAID_

10)
Transcorp....60k...April 16
QD: March 27, 2025
Div Yield: 1.2% PAID

11)
GTCO.....N7.03.....April 24
QD: April 15, 2025
Div Yield: 10.21% PAID

12)
Lafarge....N1.20...April 25
QD: March 28, 2025
Div Yield: 1.6% PAID

13)
UBA......N3.00......April 25
QD: April 11, 2025
Div Yield: 7.89% PAID

14)
TIP......10kobo .....April 28
QD: April 4, 2025
Div Yield: 2.38% PAID

15)
Zenith....N4.00.....April 29
QD: April 15, 2025
Div Yield: 8.33% PAID

16)
Fidelity....N1.25....April 29
QD: April 15, 2025
Div Yield: 6.58% PAID

17)
FCMB....55kobo....April 29
QD: April 16, 2025
Div Yield:6.04% PAID

18)
Custodian...N1.10....May 2
QD: April 14, 2025
Div Yield: 5.64% PAID

19)
VFD Group...N2.50.....May 8
Bonus 5 for 1
QD: April 22, 2025
Div Yield: 4.39% PAID

20)
NASCON......N2.00....May 9
QD: April 17, 2025
Div Yield: 4.5% PAID

21)
CSCS.......N1.76........May 9
QD: April 22, 2025
Div Yield: 7.33% PAID

22)
Unilever.....N1.25.....May 12
QD: April 25, 2025
Div Yield: 3.25% PAID

23)
UPDC.......1kobo......May 14
QD: April 30, 2025
Div Yield: 0.36% PAID

24)
UPDCREIT.....30k.....May 15
QD: May 8, 2025
Div Yield: 5.45% PAID

25)
HaldaneMcll...7k.....May 15
QD: March 31, 2025
Div Yield: 1.19% PAID

26)
Access.....N2.05......May 15
QD: April 29, 2025
Div Yield: 9.53% PAID

27)
StanbicIBTC..N3.00..May 16
QD: April 11, 2025
Div Yield: 5% _PAID_

28)
Total Plc....N40.00....May 16
QD: April 16, 2025
Div Yield: 5.88% PAID

29)
SFS REIT....N21.50....May 19
QD: April 25, 2025
Div Yield: 10.44% PAID

30)
11 Plc.......N9.25......May 19
QD: April 16, 2025
Div Yield: 3.84% PAID

31)
NEM Ins....N1.00....May 20
QD: April 25, 2025
Div Yield: 7.41% PAID

32)
Lafarge....N4.00 ID...May 20
QD: May 9, 2025
Div Yield: 5.05% PAID

33)
ChampionBrw...6k...May 21
QD: May 9, 2025
Div Yield: 1.5% PAID

34)
InfinityTMB....21k....May 21
QD: April 18, 2025
Div Yield: 3% PAID

35)
Okomu Oil...N26.00..May 22
QD : April 24, 2025
Div Yield: 4.77% PAID

36)
BergerPaint..N1.00..May 22
QD: April 24
Div Yield: 5.31% PAID

37)
Wema Bank...N1.00..May 22
QD: May 1, 2025
Div Yield: 9.35% _PAID_

38)
Seplat....FD 3.6cents;
SD 3.3cents...........May 23
QD: May 9, 2025
Div Yield: 0.9% PAID

39)
Nahco.....N5.94......May 23
QD: May 9, 2025
Div Yield: 8.88% PAID

40)
FirstHoldCo....60k...May 23
QD: May 12, 2025
Div Yield: 2.44% PAID

41)
UH REIT.....N5.05.....May 23
QD: May 9, 2025
Div Yield: 10.94% PAID

42)
AIICO........7kobo.......May 27
QD: May 21, 2025
Div Yield: 4.31% PAID

43)
AbbeyMBank...6k......May 28
QD: May 2, 2025
Div Yield: 0.72% PAID

44)
Aradel......N22.00.....May 29
QD: May 6, 2025
Div Yield: 4.4% PAID

45)
Meyer.....30kobo......May 30
QD: May 2, 2025
Div Yield: 3.25% PAID

46)
UAC........22kobo.......June 5
QD: May 21, 2025
Div Yield: 0.62% PAID

47)
May&Baker...40kobo..June 5
QD: May 20, 2025
Div Yield: 4.99% PAID

48)
IkejaHotel..3kobo ID..June 6
QD: May 9, 2025
Div Yield: 0.27% _PAID_

49)
Seplat....ID 4.6cents..June 6
QD: May 23, 2025
Div Yield: 1.29% PAID

50)
SUNU ASS....10k...June 16
QD: May 30, 2025
Div Yield: 1.7% PAID

51)
Multiverse....10k....June 18
QD: May 23, 2025
Div Yield: 1.42% PAID

52)
NPF MFB.....15k.....June 19
QD: May 28, 2025
Div Yield: 7.81% _PAID_

53)
JBerger....N3.25... .June 20
QD: May 30, 2025
Div Yield: 2.37% PAID

54)
DangCem..N30.00...June 23
QD: June 9, 2025
Div Yield: 6.3% PAID

55)
IMG.......80kobo.....June 25
Bonus: 1 for 10
QD: June 5, 2025
Div Yield: 2.11% _PAID_

56)
Beta Glass...N2.95...June 26
QD
Div Yield: 2.95% PAID

57)
Skyavn....60kobo.....June 26
QD: June 2, 2025
Div Yield: 1.29% PAID

58)
JapaulGold....4kobo....July 4
QD: June 6, 2026
Div Yield: 1.88% PAID

59)
Food Concepts....4k...July 4
QD: June 6, 2025
Div Yield: 2.42% PAID

60)
Mansard......45k.....July 10
QD: June 25, 2025
Div Yield: 4.69% PAID

61)
NIPCO......N7.00......July 10
QD: June 11, 2025
Div Yield: 3.19% _PAID_

62)
SterlingBank...18k....July 11
QD: July 1, 2025
Div Yield: 3.11% _PAID_

63)
LivingTrustMB...8k...July 21
QD: July 3, 2025
Div Yield: 1.18% PAID

64)
BUACem.....N2.05.....July 21
QD: July 3, 2025
Div Yield: 2.4% PAID

65)
Etranzact.....12.5k...July 24
QD: July 7, 2025
Div Yield: 2.17% PAID

66)
AirtelAfric..3.9cents..July 25
QD: June 17, 2025
Div Yield: 2.61% PAID

67)
Cornerstone...27k...July 29
QD: July 7, 2025
Div Yield: 6.75% PAID

68)
IkejaHotel....15k FD.....Aug 1
QD: July 4, 2025
Div Yield: 1.36% PAID

69)
Fidson.....N1.00....August 1
QD: July 11
Div Yield: 5.54% PAID

70)
NIDF......N5.20.......August 1
QD: July 24, 2025
Div Yield: 4.48% _PAID_

71)
Mcnichols.....4kobo....Aug 6
QD: June 27, 2025
Div Yield: 2.5%

72)
TranscorpHotl...10k..Aug 15
QD:August 7, 2025
Div Yield: 0.07%

73)
United Capital...30k...Aug 18
QD: August 8, 2025
Div Yield: 1.43%

74)
Afriprud.....10kobo....Aug 18
QD: August 8, 2025
Div Yield: 0.62%

75)
TransPower..N1.50...Aug 18
QD: August 8, 2025
Div Yield: 0.49%

76)
Presco...N42.00...August 19
QD: July 4, 2025
Div Yield: 5.35%

77)
Transcorp...40kobo...Aug 19
August 11, 2025
Div Yield: 0.78%

78)
Jaiz Bank....7kobo....Aug 20
QD: July 14, 2025
Div Yield: 2.20%

79)
Okomu Oil...N30.00...Aug 22
QD: August 8, 2025
Div Yield: 3.01

80)
Unilever....50kobo....Aug 22
QD: August 8, 2025
Div Yield: 0.69

81)
Seplat....4.6cents....Aug 28
QD: August 13, 2025
Div Yield: 1.31%

82)
IkejaHotel....3kobo....Sept 5
QD: August 8, 2025
Div Yield: 0.13%

83)
Custodian...25kobo....Sept 9
QD: August 15, 2025
Div Yield: 0.69%

84)
C & I Leas...10kobo..Sept 12
QD: August 5, 2025
Div Yield: 1.98%

85)
Univ Press....15k....Sept 18
QD: August 22, 2025
Div Yield: 2.71%

86)
Red Star Exp....35k...Sept 18
QD: Sept 2, 2025
Div Yield: 4.60%

87)
BUAFoods...N13.00...Sep 25
QD: August 21, 2025
Div Yield: 3.11%

88)
STI......5kobo...........Sept 25
QD: Sept 5, 2025
Div Yield: 5%

89)
NNFM.....25kobo......Sept 26
QD: Sept 17, 2025
Div Yield: 0.2%

90)
Presco.....N20.00....Nov 21
QD: Nov 7, 2025
Div Yield: 1.29%

91)
Mecure....15kobo...
QD: April 18, 2025
Div Yield: 1.33%

92)
CAP Plc....N2.40.....
QD: April 18, 2025
Div Yield: 5.11%

93) Conoil....N3.50....
QD:
Div Yield: 1.49%

94)
Mutual Benefits...2k....
QD: July 24, 2025
Div Yield: 1.37%

95)
ConHallMark...10kobo.
QD: August 15, 2025
Div Yield: 3.17%

NOTE

1. Indicate that the information is not yet available.
2. The Dividend Yields are calculated based on the closing prices on the dates the dividends were announced. They are therefore subject to change if the prices fluctuate.

aj8:
@Locotrader, I hope you realize that the EPS for Royalex is Annualized. I have equally assumed that the error in the FS ( not reflecting the extra000s is just an error.

The numbers don't look good beyond N2.00

OS = 8,266,698,940.00

PAT= 1,514,789(000) …mind you the extra zeros were not added but assumed its an error

Eps H1 = 0.37 (annualized)

Common Sense would therefore be 0.37 x 4 =N1.48

Just my opinion. Not really sure whats driving the volumes.

I could be wrong or missing something.

You only rely on common sense which is not accurate.
Your common sense does not tell you there is no smoke without fire.
You don't want to use common sense to find out what is driving the volume.
If Loco is not the one driving the volume,what will you have to say?
This your common sense will deny you many opportunities in this market.
Your common sense can only win few and loose many.
I will be here to quote you when Royalex trade beyond N3 or N3.50 sometime this year.

https://www.youtube.com/watch?v=EpFvwbcNDRQ

Summary of today's trading session on the NGX.

Why is that so please...for knowledge sake

otokx:
trading prices appear to be different from market prices so they closed the same way they started.

Ginalex:
Snuck into NAHCO today at 100👀👀

That was how NAHCO moved back up to 108.90 today 😬

Ginalex:
That's was how NAHCO moved back up to 108.90 today 😬

You just dey jump in and out

SAK:
I will advise you trade Japaul with caution, don't let your money be trapped.

I am not go anywhere near Jegede Paul stock.