₦airaland Forum

Agbalowomeri:
Na EDUECO be SohSoh

How u just dey share this thing. Abeg give me one now
Make I know if nairaland go begin pay me..lol
How do people even have multiple moniker
U will have to create new email address which requires new phone number.
It means u have to have plenty different phone numbers. Just because u want to have multiple moniker. I will do it if they begin pay me since I no dey jobless..lol

https://www.youtube.com/watch?v=Bab8FIOy9m4

A few thoughts on Geregu 9M 2025 earnings

Hi. I don't get why posting a link to a pdf doc on nairaland breaks

Try this again.

https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Earnings%20Preview%20-%2010%20October%202025.pdf

You can navigate the research section directly via this link:

https://research.cardinalstone.com/reports

emperor00:
Page not found

elpaso007:
Hi. I don't get why posting a link to a pdf doc on nairaland breaks

Try this again.

https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Earnings%20Preview%20-%2010%20October%202025.pdf

@elpaso007
Edited:
clicking the link directly from Nairaland won't work.
It's a space separator effect arising from the PDF file name from cardinal stone.
Most browsers recognize only part of a link without spaces from HTTPS including NL.
once there is a space within the same link, it adds "%20" to it and stops linking from that part to the rest of the link.
It's like a standard web protocol.

@emperor00
Highlight all the texts in the link from "https:......pdf" and from the options given from your device, either:
1) open it Or
2) copy and paste in your browser URL

https://africa.businessinsider.com/local/markets/frigoglass-eyes-sale-of-profitable-nigerian-unit-beta-glass-to-ease-debt-pressure/qc7mmc0. Beta glass parent have debt issues

https://open.spotify.com/episode/17m2l6bwNLaGVHgb0FINRh

A walkthrough Geregu 9M 2025 results

https://x.com/i/spaces/1MnxnPzoWkyGO

Holding at 4pm today.

Enjoy the imported market volatility from tomorrow Lol

A company in debt doesn't translate to having debt issues. Almost all listed companies are in debt.

Don't think this directly affects BETAGLASS NG (the most profitable of FRIGO Group plc)
They are on course to post excellent Q3 results...

starpower:
https://africa.businessinsider.com/local/markets/frigoglass-eyes-sale-of-profitable-nigerian-unit-beta-glass-to-ease-debt-pressure/qc7mmc0. Beta glass parent have debt issues

Agbalowomeri:
Enjoy the imported market volatility from tomorrow Lol

Explain oh

Streetinvestor2:
Explain oh

Na normal Trump wahala

Agbalowomeri:
Na normal Trump wahala

ok .Is it suppose to be good or bad for Ngx

Streetinvestor2:
ok .Is it suppose to be good or bad for Ngx

If it follows normal pattern, then maybe some red days

KarlTom:
A company in debt doesn't translate to having debt issues. Almost all listed companies are in debt.

Don't think this directly affects BETAGLASS NG (the most profitable of FRIGO Group plc)
They are on course to post excellent Q3 results...

I emphasize parent.

Agbalowomeri:
If it follows normal pattern, then maybe some red days

Abeg oh.He should not come and add to this failed government on the CGT wahala for the last quarter

https://www.youtube.com/watch?v=itpZp9kUvQU

A few stocks I'd be watching closely this week on the NGX

https://open.spotify.com/episode/7d8KTnzKCLSJHKNDfiUdPV

An extended version of my watchlist video.

Make Una pray for our Minister of finance. He must complete this his 'economic programme'. Nothing will happen to him. Although Sahara reporters claim Presido is already searching for a replacement

Mpeace:
Make Una pray for our Minister of finance. He must complete this his 'economic programme'. Nothing will happen to him. Although Sahara reporters claim Presido is already searching for a replacement

Go tell that to over 60% of Nigerians facing hunger and poverty
Pls don't forget to tell them that his reforms are part of what is causing this level of hunger and poverty so that they can decide the prayer topic well and direction

Just read that Mr Cardoso will lead Nigeria's delegation to the WB-IMF Meeting in Washington while the Minister of State for Finance will join the delegation.

Makes me wonder why we have Ministers of State who can't deputize for their principal...

Mpeace:
Make Una pray for our Minister of finance. He must complete this his 'economic programme'. Nothing will happen to him. Although Sahara reporters claim Presido is already searching for a replacement

awesomeJ:
NRS will only collect funds that belong to the FG or the federation (All 3tiers)

PIT belongs exclusively to states and so isn't collectible by NRS

Are you sure of this one ?

SUMMARY OF THE NIGERIAN EXCHANGE LIMITED (NGX) REPORT FOR WEEK ENDED 10 OCT 2025

EXECUTIVE SUMMARY
The Nigerian Exchange Limited (NGX) gained 2% for the week ending October 10, 2025, with the All-Share Index closing at 146,988 points. Market capitalization increased by N2 trillion to N93 trillion.

Key Highlights:

· Total trading volume: 2 billion shares
· Total trading value: N90 billion
· Number of deals: 138,177
· Advancers vs Decliners: 51 vs 41
· Market breadth: Positive at 1x

MARKET PERFORMANCE SNAPSHOT

Metric Current Week Prior Week %Chng
ASI (points) 146,988 143,584 2%
Mkt Cap (T) 93 91 2%
Volume (B) 2 8 -73%
Value (B) 90 116 -22%
Deals 138,177 115,801 19%


SECTORAL PERFORMANCE ANALYSIS

Subsector Performance Ranking (Week-on-Week)

Index Value WoW Change %Change
NGX Prem 986 7%
Ind Gds 215 4%
Ins 45 4%
Lotus II 374 3%
Oil/G 75 3%
Pens 122 2%
Grow 370 2%
Bank -6 0%
Asem -145 -9%
Performance Attribution:
· Best Performing Sector: NGX Premium
· Primary Drivers: A strong rally in stocks like MTN Nigeria and Dangote Cement drove the premium board higher. MTN gained 11% to close at N471, while Seplat added 10% to N5,917. Banking sector dividends from UBA, Zenith, Stanbic IBTC, and GTB provided market support, although the banking index declined marginally by 0.41%.
· Technical Outlook: Bullish. The index broke above key resistance and is targeting 15,500 points in the near term.
· Worst Performing Sector: Asem
· Headwinds: The NGX is winding down the Alternative Securities Market board. Smart Products Nigeria was suspended pending delisting, and Juli Plc is being migrated to the Growth Board. This structural closure created significant uncertainty and selling pressure.
· Technical Outlook: Bearish. The index is down 9% for the week and 12% year-to-date, with further downside expected.

MARKET BREADTH ANALYSIS
Week-over-Week Comparison
Metric Current Week Prior Week Change
Gainers 51 53 -2
Decliners 41 43 -2
Unchanged 55 51 4
Market Bdth Ratio 1 1 0

Interpretation: Market breadth remained positive with gainers outnumbering decliners. However, the decline in the number of gainers and increase in unchanged stocks suggests weakening momentum. The index advance appears driven by large-cap stocks, indicating narrow market leadership.

TOP MOVERS OF THE WEEK
Top 5 Gainers
Ticker WoW Change % Change
SOVRENINS 0.46 17%
OMATEK ICT 0.15 12%
AXAMANSARD 1.70 12%
CHAMS 0.45 12%
EUNISELL 4.50 11%

Top 5 Losers
Ticker WoW Change % Change
LIVINGTRU -0.89 -15%
NEIMETH -0.74 -11%
UHREIT -5.75 -10%
MEYER -1.65 -10%
JULI -0.95 -10%

Most Active Stocks (By Value)
Ticker Volume (M) Value (Nm) Avg Price (N) ELLAHLAKE 216 2,799 13
CHAMS 109 1,399 4.35
FIDELITY 106 1,399 20.56
UBA 95 4,066 42.61
ZENITH 73 4,984 68

MACROECONOMIC & MARKET CONTEXT
Key Market Drivers:
1. Banking Sector Stability: Recent dividend payments from major banks provided price stability.
2. Upcoming Q3 Earnings Season: Strong results are anticipated from banks, oil & gas, and consumer goods companies, boosted by naira devaluation and stable oil prices.
3. Pending Regulations:
· The CBN is reviewing its forex allocation framework for banks.
· The SEC may increase mutual fund investment limits in single securities.
· The National Assembly is considering amendments to corporate governance rules.

Upcoming Corporate Events & Catalysts (Next 2 Weeks):
· Dangote Cement Q3 2025 results (expected Oct 24)
· Zenith Bank Q3 2025 earnings (expected Oct 24)
· Seplat Energy production update (Oct 25)
· Guaranty Trust Holding Q3 2025 results (expected Oct 28)
· MTN Nigeria AGM (Oct 29)

Market Sentiment Analysis:
· Institutional Research: Bullish on Banking, Oil & Gas, and Telecom sectors; Bearish on Consumer Goods.
· Retail Investor Sentiment: Bullish on Tier-1 banks and MTN Nigeria; concerned about spillover effects from the Asem board closure.

TECHNICAL ANALYSIS

NGX All-Share Index Technical Overview
· Current Level: 146,988 points
· Support Levels: 143,000 (Primary), 140,000 (Secondary), 135,000 (Major)
· Resistance Levels: 150,000 (Immediate), 155,000 (Secondary), 160,000 (Major)

OUTLOOK & INVESTMENT STRATEGY
· Short-Term (1-2 Weeks): The index is expected to consolidate between 143,000 and 150,000 points as investors await Q3 earnings.

· Medium-Term (1-3 Months): Continued appreciation toward 155,000-160,000 points is expected, driven by strong earnings and year-end portfolio rebalancing. The premium board should outperform, and sectoral rotation from banking to oil/gas and industrial goods is anticipated.

REPORT PREPARED BY
Analyst:Target Technical Analysis
Designation:Chief Technical Analyst
Date:October 11, 2025

KarlTom:
Just read that Mr Cardoso will lead Nigeria's delegation to the WB-IMF Meeting in Washington while the Minister of State for Finance will join the delegation.

Makes me wonder why we have Ministers of State who can't deputize for their principal...

Cardoso might end up as the new finance minister while they get another person as CBN governor

KarlTom:
Just read that Mr Cardoso will lead Nigeria's delegation to the WB-IMF Meeting in Washington while the Minister of State for Finance will join the delegation.

Makes me wonder why we have Ministers of State who can't deputize for their principal...

Na trust issues and the level of involvement

Agbalowomeri:
Na trust issues and the level of involvement

my thought also..
Most state-ministers aren't so involved going by news and activities of their ministry.

Agbalowomeri:
Na trust issues and the level of involvement

Lagos cabal thing..lol

hello big Oga here,
I have pending dividend for Okomo Oil for some time, I have reached Cardinal Stone Registrar for some time, they kept telling me my signature, that i should go to the bank and collect a letter, this same account is what I am using for other Nigeria stocks and none ever give issues, what do they really want? Is there anyone here that has same issue? thank you.

Hello

Your issue is not clear.

Did they say your signature doesn't match what they have on record?
OR
They asked you to get a confirmation of signature from your bank?

codeME:
hello big Oga here,
I have pending dividend for Okomo Oil for some time, I have reached Cardinal Stone Registrar for some time, they kept telling me my signature, that i should go to the bank and collect a letter, this same account is what I am using for other Nigeria stocks and none ever give issues, what do they really want? Is there anyone here that has same issue? thank you.

“The pessimist complains about the wind;
the optimist expects it to change;
the realist adjusts the sails.”

William Arthur Ward

Ding!

Ding!!!

KarlTom:
“The pessimist complains about the wind;
the optimist expects it to change;
the realist adjusts the sails.”

William Arthur Ward

Fixed.
Words on Marble