₦airaland Forum

EDUECO:
The money wey u take buy FirstHoldco you suppose use am buy UBA or WEMA Bank.

I have UBA
What's the issue with FirstHoldco?
I think people should wait till March after the recap is done

yMcy56:
Lol.
Someone close, a distant neighbor called me yesterday that she would come and see me over the weekend to explain these things to her...
That someone somewhere told her to be trading stocks and she now remembered me that has told her about investing a long time ago but she refused....
I was almost begging her to even open a trading account even if she didn't fund it, let it be there, so that once she changed her mind, she can fund it.......
Always sending various Public Offers to encourage her but yet not bulging......
Na yesterday she remembered say she get my number.....😁
I've been thinking of the excuse I'll give to avoid meeting with her....😁

Meanwhile, at least if they're trading, let them remember to be taking profits along the way.....na the season be this btw...😊

The bolded got me rolling on the floor. I can't agree less. Honestly this is not the best or right time to bring someone especially a close friend to the stock market. Prices have risen so high that any new entrant into any stock this period is likely to receive deep hair cuts. I too am having someone asking me for stock recommendations for him to buy next week Monday. He has opened an account with a broker and deposited N1.5m. I have told him to just let the money to be sleeping there rather than use it for experiment on any stock as of now.

yMcy56:
I don dey search for am o
Na night Dem go release am......but we blv it will deliver 😁

I've wanted to ask after you self, that you're scarce somehow but market dey busy...

I enter jungle in search of nigeria hidden treasures The network no dey open all these results as it is not strong.
The thing dey vex me but thr is nothing I could do.It is usually so bad during the day. .To even open any page of this thread na wahala

Poor result from VFD group

Panadee:
It's really difficult to remember the last time Caverton made profit in a business year.

Only good at partnering with FG in the news all the time

EDUECO:
The money wey u take buy FirstHoldco you suppose use am buy UBA or WEMA Bank.

Good u no talk access for the matter

nosa2:
As someone who is bullish on banks I am excited reading this

Banking stocks are too static for my liking. Even with very excellent results, banking stocks would just shake a little and then relax again. This is due to very large OS for most banks. Only Stabic IBTC is the exception due to its relatively low OS of 10bn unlike others having 30bn and 40bn.

Bonjovi13:
I have UBA
What's the issue with FirstHoldco?
I think people should wait till March after the recap is done

Don't you think performance will even be worse after diluting the shares from the recap?

chimex38:
Don't you think performance will even be worse after diluting the shares from the recap?

Ultimately it will do well
I'm in long term

Bonjovi13:
Ultimately it will do well
I'm in long term

OK.. Good you're aware.
But probably after Otedola has completed First Banks 40 storey Eko-Atlantic HQtrs.

https://thenationonlineng.net/tallest-building-in-nigeria-other-things-to-know-about-first-banks-new-headquarters/

Just like others are enduring AccessBank's acquisition spree

See result everywhere, how will man check all these result to know the ones that passed their exams and the ones that failed. I guess i will have to concentrate on my dividend stocks first before i check on all other ones in my portfolio. I believe every company want to meet up with the end of the month deadline

jonnysessy:
See result everywhere, how will man check all these result to know the ones that passed their exams and the ones that failed. I guess i will have to concentrate on my dividend stocks first before i check on all other ones in my portfolio. I believe every company want to meet up with the end of the month deadline

That's how earnings seasons are. To simplify things, you can check in this order :
1. Companies in your portfolio
2. Companies not in your portfolio but on your watchlist
3. Companies that are not 1 or 2 but are popular or big
4. Companies that people are recommending (physical, online,NSEMPA e.t.c.)
5. Others can follow

Additional Tip
To scan companies that you're not familiar with, you can save time checking their income statement first. If its a loss or no significant growth, skip till you get one in profit and with a significant revenue growth and profit growth.

In addition, you may open a tab on trading view to quickly view the prices of the good stocks and compare with their EPS (in the financials) for a quick valuation.

On the deadline for result release, I think they have until March. I stand corrected though.

Cheers!

Iskalamong!

.

.

emmanuelewumi:
I also have Zenith, GTB, UBA and Stanbic IBTC shares

You na index investor

Nairametrics - BREAKING! FirstHoldco full year unaudited results decline 71% to N229 billion
Otedola go still dump first bank shares as he did geregu, forte etc
Not financial advice

chimex38:
NAHCO makes circa 486million from Sundry income alone. Almost 500million!!
Excluding other miscellaneous income Oo.
NAHCO share price: 120


EUNISELL entirely H1 2026 revenue so far. (553.7million)
EUNISELL Share price: ~150.

Even NCR @ 200 SP reach 3bn Revenue at least.

And about N2 billion from the export of agricultural products

emmanuelewumi:
And about N2 billion from the export of agricultural products

Ellah will do better. Watch out.

emmanuelewumi:
And about N2 billion from the export of agricultural products

That's about 57% of the entire export income from FTN Cocoa and ~40% of FTN Cocoa's entire revenue of 2025.

#FTNCOCOA
Despite over 400% increase in Revenue due to global price of Cocoa, somehow our local cost of input raw cocoa beans has eaten deep into their gross profit and cause negative gross margin!
Damn!!

They need to either start exporting raw cocoa or increase the quantity of byproduct of cocoa export at an exponential level to beat this cost-margin.
Or add a cocoa farms to their assets and reduce sourcing from farmers.

FTNCOCOA is a sitting Gold mine. They somehow need Agriculture expertise to unlock this challenge.

SonofElElyonRet:
Nairametrics - BREAKING! FirstHoldco full year unaudited results decline 71% to N229 billion
Otedola go still dump first bank shares as he did geregu, forte etc
Not financial advice

He will have to first build FBN signature sky scraper building for Eko Atlantic before dumping.
CAPEX is coming and coming Big.

Bonjovi13:
I have UBA
What's the issue with FirstHoldco?
I think people should wait till March after the recap is done

Poor and corrupt management.

Last 5 years dividend history is too poor.

chimex38:
#FTNCOCOA
Despite over 400% increase in Revenue due to global price of Cocoa, somehow our local cost of input raw cocoa beans has eaten deep into their gross profit and cause negative gross margin!
Damn!!

They need to either start exporting raw cocoa or increase the quantity of byproduct of cocoa export at an exponential level to beat this cost-margin.

FTNCOCOA is a sitting Gold mine. They somehow need Agriculture expertise to unlock this challenge.

There is big sign of poor or corrupt management.

Streetinvestor2:
Good u no talk access for the matter

He has already included it in the listed stocks.

EDUECO
post=138313997:
There is big sign of poor or corrupt management.

They need to own cocoa farms and increase their cheap soucre of materials like PRESCO and OKOMU are doing.

Probably why dem no wan own farms, so they can easily hide the loot inside raw materials cost .

TIP wont just seize to amaze.. they far exceeded expectations and my projections of about 2B plus for full year PAT, raising the bar to 3B plus. They are yet to deploy the funds from right issue and PO. That should start reflecting from around Q2. So Q2 2026 is another time to look out for to see execution.

The MD said in one interview with naira metrics that there is nothing stopping their share price from hitting 135 naira in 5 years time. I even think he is being modest cos it will do that before 5 years. When the RI and PO funds are applied to reduce third parties which he said will reduce their input cost by 40% and their Uganda site development. With uganda discovering oil and their site just being opposite the exploration site in Uganda. This stock go give us our retirement money. All things being equal.

I just de smile as i de read the result. Abeg make them continue like this o.

jckgroup1:
Outstanding performance. RI and PO worth every kobo invested.

Impact of NAHCO Export Processing and Packaging Centre (NEPPC)

emmanuelewumi:
And about N2 billion from the export of agricultural products

Not to downplay your expectations. The bulk of revenue from TIP came from their TDU in Kwale. There is a lot of oil drilling activities going on in Nigeria now and in Delta state so it is understandable how they are able to make over 5bln in revenue. However that revenue streak needs sustaining so the business is not only sustained by the Kwale TDU plant which can be affected by a lot of factors.

On the Uganda front, oil was discovered in 2006 not just recently however Total has a mega drilling campaign ongoing which targets over 200 wells. I am hoping their waste plant there is focused on waste during the production life of the wells and not just drilling waste. I am loaded here too.

Stockhunter:
TIP wont just seize to amaze.. they far exceeded expectations and my projections of about 2B plus for full year PAT, raising the bar to 3B plus. They are yet to deploy the funds from right issue and PO. That should start reflecting from around Q2. So Q2 2026 is another time to look out for to see execution.

The MD said in one interview with naira metrics that there is nothing stopping their share price from hitting 135 naira in 5 years time. I even think he is being modest cos it will do that before 5 years. When the RI and PO funds are applied to reduce third parties which he said will reduce their input cost by 40% and their Uganda site development. With uganda discovering oil and their site just being opposite the exploration site in Uganda. This stock go give us our retirement money. All things being equal.

I just de smile as i de read the result. Abeg make them continue like this o.

SonofElElyonRet:
Nairametrics - BREAKING! FirstHoldco full year unaudited results decline 71% to N229 billion
Otedola go still dump first bank shares as he did geregu, forte etc
Not financial advice

Jesuuuuuu!

It seems the cosmetics papering the decades of decay is gradually being washed away by regulatory competence ( that were absent before) and effectiveness.

SonofElElyonRet:
Nairametrics - BREAKING! FirstHoldco full year unaudited results decline 71% to N229 billion
Otedola go still dump first bank shares as he did geregu, forte etc
Not financial advice

You can imagine a very strong member of SIB posting this kind of result. I think all the negatives there happened in collusion with the CBN if not what's this?

And they said SIBs are subject to higher capital requirements, stricter, more rigorous, and more frequent supervision, and enhanced liquidity reporting.

The board, majority shareholder and regulators did the minority shareholders dirty. Yes the new Oga say na new headquarters him must build. Is this company worth investing in at this time?

https://punchng.com/stop-condemning-nigeria-oando-ceo-tells-citizens/

Show us it works with OANDO first bros.

On the contrary. I think he will now have the chance to mop even more shares from those who will be dumping the shares due to all the fear being generated from these results.

SonofElElyonRet:
Nairametrics - BREAKING! FirstHoldco full year unaudited results decline 71% to N229 billion
Otedola go still dump first bank shares as he did geregu, forte etc
Not financial advice

Summary of Presco 2025 result

Revenue N331 billion

Gross Profit N228 billion

Operating Profit N214 billion

Net Operating Profit After Tax N174 billion

Earnings Before Interest and Taxes N222 billion

Profit after tax N138 billion

Equity N427 billion

Debt N151 billion

Cash N279 billion

Capital Employed N622 billion

Invested Capital N578 billion

Total Asset N833 billion

CAPEX N41 billion

Net Operating cash flow N146 billion

Free Cash Flow N105 billion

Return on Capital Employed 35.6%

Return on Invested Capital 30%

Return on Equity 32.3%

Cash Flow Return on Investment 17%

Cash Return on Invested Capital 18%

Gross Profit/Total Asset 27%

Working Capital N271 billion

Net profit margin 41%

Operating Profit margin 64.6%

EBIT margin 67%

Gross Margin 69%

OCF margin 44%

FCF margin 31.7%

Capex/Sales 17.3%

Capex/OCF 26%

Stock price N1635

Market Capitalization N1.9 Trillion

Enterprise Value N1.78 Trillion

PE Ratio 13.8

EV/EBIT 8

My Oga, do you do this manually or there's an app that does the extraction?

emmanuelewumi:
Summary of Presco 2025 result

Revenue N331 billion

Gross Profit N228 billion

Operating Profit N214 billion

Net Operating Profit After Tax N174 billion

Earnings Before Interest and Taxes N222 billion

Profit after tax N138 billion

Equity N427 billion

Debt N151 billion

Cash N279 billion

Capital Employed N622 billion

Invested Capital N578 billion

Total Asset N833 billion

CAPEX N41 billion

Net Operating cash flow N146 billion

Free Cash Flow N105 billion

Return on Capital Employed 35.6%

Return on Invested Capital 30%

Return on Equity 32.3%

Cash Flow Return on Investment 17%

Cash Return on Invested Capital 18%

Gross Profit/Total Asset 27%

Working Capital N271 billion

Net profit margin 41%

Operating Profit margin 64.6%

EBIT margin 67%

Gross Margin 69%

OCF margin 44%

FCF margin 31.7%

Capex/Sales 17.3%

Capex/OCF 26%

Stock price N1635

Market Capitalization N1.9 Trillion

Enterprise Value N1.78 Trillion

PE Ratio 13.8

EV/EBIT 8