₦airaland Forum

SonofElElyonRet:
Japaul is working underground

Working hard to carry your money under the ground

KarlTom:
That's where the gold is located...

You people are wicked

SonofElElyonRet:
This is listing Tuesday.. gurus share your thoughts.. will the bull visit it ? Another Ellah in the making?

The Nigerian Exchange Limited (NGX) is set to list Zichis Agro Allied Industries Plc on its Growth Board. The company is listing 1.086 billion shares at N1.81 per share. The listing will increase NGX market capitalisation by N1.96 billion.

Zichis Agro Allied Industries plc engaged Qualinvest Capital Limited as Lead Issuing house and Anchoria Investment and Securities Limited as its Lead Stockbroker in connection with the listing.

Zichis Agro-Allied Industries Plc is undertaking a listing by introduction of its entire issued Ordinary Shares to promote better liquidity of its shares in the secondary market and be better positioned to access long-term capital from a wide range of local and international investors when required.

Before the coming of Zichis Plc, let us list some stocks that lost steam and gas since after they were recently listed in the Nigerian stock market. Cases of Much Ado About Nothing.

1. Aradel
2. Geregu
3. Haldane McCall
4. Legend Internet
5. VFD Group


Will Zichis Plc likely be their Number 6?

Get AI stock picks right in your screen

https://finance.threadnix.com/ai-stock-pick?risk=conservative

Upcoming Board Meetings

Streetinvestor2:
You don start again. This yr I no wan fight on top any stock again because nigeria corruption and manipulation don take over ngx
On another not scoa go soon reach #50 soon.It is doing 10% every day.Any thing is now possible on ngx.
It is obvious foreign investors are seeing it and have decided to avoid our market

SCOA is one of the stocks I inherited from my dad of blessed memory, who knows they might be the BETA GLASS of 2026.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
SCOA is one of the stocks I inherited from my dad of blessed memory, who knows they might be the BETA GLASS of 2026.

BARGAIN HUNTERS TAKE NOTE!

I am adding this SCOA to my bedsheet oh. This company looks like something that may just be sexy.

Analysis to be posted on my blog later tonight

Streetinvestor2:
That bank did me strong thing walahi. As I no get BP that time not fit affect me again on ngx.I loss six zeros of naira investment as of then.How much was land in good locations in owerri then which I could have bought. I so believed in that woman management and her name was everywhere. I didn't even understand what happened with my shares till date.I was receiving two different kind of dividend slips in different pieces. They had ordinary shares dividend sent and preferential shares dividend in dollars that made no sense.Some arrived after the cheque had expired .
I wonder why oga nosa is interested in thr shares when I noticed over the yrs they have closed so many branches in different states. The bank always had network problem if you go thr to do anything.

Was quite lucky sold all my oceanic bank share after qualifications date for their wayo 1 for 10 bonus share afterwards the rest is history...

Well our major school fees was paid via BANKPHB SHARES on 5th August 2011 when SANUSI nationalized Afribank, BANKPHB and SPRING BANK .


BARGAIN HUNTERS TAKE NOTE!

nosa2:
I am adding this SCOA to my bedsheet oh. This company looks like something that may just be sexy.

Analysis to be posted on my blog later tonight

Analysis posted. Go and read if you interested

https://ngxforum.com/thread/55/nigeria-plc-scoa?page=1&scrollTo=490

essentialone:
https://in.headtopics.com/news/zenith-bank-plc-shares-listed-as-top-pick-ahead-gtco-and-78553212

Shey na Joe Budden get that song titled Pump it up.

We are here for you people and we no dey sell until........

Very soon articles about Ecobank will start coming out.

Ol' boy no disrespect, but see how you've flipped and flopped on Ecobank in less than 6 months like fish out of water:

Aug 6: "Entered ETI at about N36. Given the book value of the stock I think its ridiculously cheap."
Sep 19: "I read this article yesterday and bailed out of ETI today at N35, took a hit of like 15%."
Oct 28: "This stock is cheap oh!!! The negative retained earnings is really holding it back..."
Dec 30: "I started buying yesterday and finished buying today. Average buying price N42.52..."
Today: "ETI has touched N50. I wont advise anyone to sell... Ecobank is a play on the Ghanaian Economy." "This game is so easy it should be illegal. I really feel sorry for people that keep buying/selling without doing valuations."

nosa2:
Hehe!!

This game is so easy it should be illegal. I really feel sorry for people that keep buying/selling without doing valuations.

Anyway..... Posted about Ecobank on my blog

https://ngxforum.com/thread/4/ecobank-transnational-incorporated-eti?page=4&scrollTo=487

HesInMe:
No disrespect, but see how you've flipped and flopped on Ecobank in less than 6 months like fish out of water:

Aug 6: "Entered ETI at about N36. Given the book value of the stock I think its ridiculously cheap."
Sep 19: "I read this article yesterday and bailed out of ETI today at N35, took a hit of like 15%."
Oct 28: "This stock is cheap oh!!! The negative retained earnings is really holding it back..."
Dec 30: "I started buying yesterday and finished buying today. Average buying price N42.52..."
Today: "ETI has touched N50. I wont advise anyone to sell... Ecobank is a play on the Ghanaian Economy." "This game is so easy it should be illegal. I really feel sorry for people that keep buying/selling without doing valuations."

I react to the news (as I see it). Let me show you the article that made me sell

https://gomezconsult.com/ecobank-in-race-against-time-as-non-performing-loans-set-to-exceed-70/

One thing I will tell you for free is that insiders know more than we do. So when I read that article I sold first and asked questions later. When I saw that the price was not tanking I bought back with the belief that they must have a grip on their issues.

If you follow the Ecobank thread on my blog you will see a more robust discussion

Plus at the end of the day my loyalty is to my money. I don't hold a lot of stocks but the few stocks I hold I watch like a hawk. I try my best to hold the cheapest stocks based on my valuations

I thought your conviction was valuation-based. You've been right so far. Stick to it na.

And promote Access while you're at it, as that stock is also Pan-African and "cheap."

nosa2:
I react to the news (as I see it). Let me show you the article that made me sell

https://gomezconsult.com/ecobank-in-race-against-time-as-non-performing-loans-set-to-exceed-70/

One thing I will tell you for free is that insiders know more than we do. So when I read that article I sold first and asked questions later. When I saw that the price was not tanking I bought back with the belief that they must have a grip on their issues.

If you follow the Ecobank thread on my blog you will see a more robust discussion

Plus at the end of the day my loyalty is to my money. I don't hold a lot of stocks but the few stocks I hold I watch like a hawk. I try my best to hold the cheapest stocks based on my valuations

HesInMe:
I thought your conviction was valuation-based. You've been right so far. Stick to it na.

And promote Access while you're at it, as that stock is also Pan-African and "cheap."

Access Bank is on my radar but when I compare access Bank, Ecobank and zenith Bank on a valuation vs efficiency basis; access Bank comes out third.

So, I will probably ride zenith Bank till the valuation vs efficiency ratio moves in favor of access. I could always divide my funds into the 3 banks but where is the fun in that. 3 banking stocks for me is too much diversification

HesInMe:
I thought your conviction was valuation-based. You've been right so far. Stick to it na.

And promote Access while you're at it, as that stock is also Pan-African and "cheap."

This game is an art not a science. Valuation is my guide but I also look at what is happening around me to try and guess where the growth will come. For example, I cant help but notice that most Nigerians are dependent on Fintechs for their basic financial transaction needs. What I have noticed is that a lot of those temporary accounts that these apps give me are based with WEMA bank. That has put WEMA bank on my radar.

Funny enough from a forward PE basis Zenith bank became expensive than WEMA bank today. HOWEVER!!!! Wema bank has not yet released audited results so they most likely have forbearance issues so I cant really trust the numbers. and so on and so on..... I hope you are now seeing how my thought process works.

Valuation is the ultimate guide but there are a lot of unspoken things that guide that valuation. This is why forums like this are invaluable to me. You guys give me a perspective that the numbers simply cant give me.

Zeewirld:
Please i need some help here.About a decade ago,I opened accounts with Cashcraft and Summit finance investment companies.Now,I learnt both broking firms are closed. Please how can i access my shareholding with them ,and is it possible to move it seamlessly to other stock-broking firms?

Thank you all

Same here…

jonnysessy:
Please tell them. Zenith bank should be rubbing shoulders with GTCO. It should not be trading N70. I believe their dividend will be higher than GTCO.

Zenith bank will pay a bumper dividends this year as promised by their CEO during last year AGM, even the chairman Jim Ovia echo the same sentiment about a quantum leap in dividend for FY2025, I see a final dividend of above #7, excluding the interim of #1.25

.

Just stating facts

nosa2:
You people are wicked

Byankee:
Zenith bank will pay a bumper dividends this year as promised by their CEO during last year AGM, even the chairman Jim Ovia echo the same sentiment about a quantum leap in dividend for FY2025, I see a final dividend of above #7, excluding the interim of #1.25

Are you sure of this final dividend of N7.

Zenith is the biggest banking stock in my portfolio, followed by UBA, GTB and Stanbic

I have just 4 banking stocks

emmanuelewumi:
Are you sure of this final dividend of N7.

Zenith is the biggest banking stock in my portfolio, followed by UBA, GTB and Stanbic

I have just 4 banking stocks

Your insiders haven't gotten back to you on whether Ellah's PO was fully subscribed?

Please house. Any non dividend paying stock that has potentials to grow this year?

Kesta22:
Please house. Any non dividend paying stock that has potentials to grow this year?

Ecobank (ETI)

nosa2:
Ecobank (ETI)

when it comes to Dividend yield, ETI is nowhere. Its yields are like the insurance companies

unite4real:
when it comes to Dividend yield, ETI is nowhere. Its yields are like the insurance companies

They asked for non dividend paying stocks

https://www.youtube.com/watch?v=3ZjsoNApoEk

A few stocks I'd be watching in today's trading session.

Abridged version in pidgin English

https://open.spotify.com/episode/4XG3zPNJgkDlnlIoIRAyc6

essentialone:
Before the coming of Zichis Plc, let us list some stocks that lost steam and gas since after they were recently listed in the Nigerian stock market. Cases of Much Ado About Nothing.

1. Aradel
2. Geregu
3. Haldane McCall
4. Legend Internet
5. VFD Group


Will Zichis Plc likely be their Number 6?

VFD did bonus issue of 5-for-1 in 2025 after the listing. This is massive and more than enough compensation or benefit to shareholders.
The shareholders received 5 new shares for every 1 share previously held by them! Hence the share price would be adjusted downwards, accordingly.

Good morning, a friend of mine would retire in 2031 but he has a child of 6years.She needs a reliable and viable investment for the child so that the burden of school fees won't be much on him when he retires. His budget is 50k per month

You forgot TRANSPOWER

essentialone:
Before the coming of Zichis Plc, let us list some stocks that lost steam and gas since after they were recently listed in the Nigerian stock market. Cases of Much Ado About Nothing.

1. Aradel
2. Geregu
3. Haldane McCall
4. Legend Internet
5. VFD Group


Will Zichis Plc likely be their Number 6?

Hamachi:
Good morning, a friend of mine would retire in 2031 but he has a child of 6years.She needs a reliable and viable investment for the child so that the burden of school fees won't be much on him when he retires. His budget is 50k per month

What is he doing with a 10 year old at retirement