₦airaland Forum

unite4real:
If it is CONOIL you are projecting like this, aswear u wicked gan

faoogoke:
VFD Group almost on full offer

mohbadliveson:
Wemabank 23.65
Accessbank 22.55

How can one explain this economics abracadabra?

yMcy56:
Allow the itchy fingers to be selling first.....
Let them even drag it back to N10 so that people that missed the bus around that price can load.....

I don't know when flat result starts turning to issue.....after all, they made good profit in the FYE.

Their fear could be the dilution or that they may not be able to pay up to last year's dividend......but me, I expect better dividend at least.

If you have fund and patient, if dey drag it down, buy more.

PuristForest:
Leave Access and Oando, Buy univinsure

leo1234:
Wema Bank is not getting its deserved attention.

That stock should be on full bid.


Excellent result from Wema Bank.

yMcy56:
Allow the itchy fingers to be selling first.....
Let them even drag it back to N10 so that people that missed the bus around that price can load.....

I don't know when flat result starts turning to issue.....after all, they made good profit in the FYE.

Their fear could be the dilution or that they may not be able to pay up to last year's dividend......but me, I expect better dividend at least.

If you have fund and patient, if dey drag it down, buy more.

Streetinvestor2:
Abeg u done see sugar results. For oando I have said my street mind.Any other thing concerning it is like noise on the street too..lol
I will still buy more if I sell other stock as it has only up to go unless naija crude oil drops below production cost

crownprince2017:
Na access no allow am move it's just a matter of time...once access releases their results, everyone will know where they belongs to.

If access releases a better result both will move but if otherwise, wema will just over take just like she does to fcmb last year.

Any either ways, wema will benefit.

KarlTom:
I don't think the bolded is a good explanation of the agreement.

4,279,042,004 Ordinary shares of Oando PLC held by OODP Nigeria was transferred to OandO plc in settlement of the outstanding obligation of $253.3m (~ ₦390bn).

Check note 37 of the UFS...

mohbadliveson:
Wemabank 23.65
Accessbank 22.55

How can one explain this economics abracadabra?

Sunrisepebble:
No news yet on financials

robobo:
now i see the reason why it moved up to 91-92 at some point during the recent past

robobo:
now i see the reason why it moved up to 91-92 at some point during the recent past

chimex38:
I will give you some tip if you can tip me to buy Tip.

Be careful though, cuz at just the tip of it, I might just be at my tipping point. Why?

Cuz I just gave a tip to a bartender whos removing the tip from my bottle. Hope I ain't too tipsy?

Just sipping a sip at a time from the tip

#cruise
#Dont take me serious
#Do your DD on stocks.

mohbadliveson:
Wemabank 23.65
Accessbank 22.55

How can one explain this economics abracadabra?

aj8:
Custodian should do above 60.00 but buy below 40 . Estimate 6 months.

Stockpromoter:
Why Royal Exchange Plc should NOT be sold at current panic prices
1. This price already discounts bad news
At ₦2 and below, the market has over-punished Royalex. The FY 2025 result is not a loss, yet price action behaves as if the company collapsed. That’s classic panic mispricing.
2. Shareholders’ funds are STRONG and rising
Shareholders’ funds ≈ ₦7.2bn, up about 15% YoY.
Markets may panic short-term, but balance sheet strength always wins long-term, especially in insurance.
3. Royalex is NOT insolvent
Total assets ≈ ₦12.16bn.
No liquidity crisis. No balance sheet hole. Selling now is selling a surviving company as if it’s dying.
4. Earnings slowed, but didn’t collapse
PAT ≈ ₦924m.
Yes, down YoY — but still profitable. Panic selling profitable insurers at book-value territory is historically a mistake.
5. Recapitalization favors balance sheets, not emotions
Insurance recapitalization will reward companies with existing capital base.
Royalex is not starting from zero, so dilution risk is lower than weaker peers.
6. New chairman = strategic reset, not coincidence
Board changes at this timing usually signal:
Balance sheet defense
Capital strategy
Corporate cleanup
You don’t sell before strategy shows — you sell after execution.
7. Panic sellers are giving smart money entry
Volume drops + weak hands exiting = accumulation phase.
Institutions and patient traders buy fear, they don’t join it.
8. Insurance stocks reprice suddenly, not gradually
This sector doesn’t trend slowly.
It sleeps, then reprices violently on:
Q1/Q2 earnings
Recap clarity
Sector rotation
Selling now risks missing the entire move.
9. Book value vs market value gap is wide
At these prices, Royalex is trading close to or below fair balance sheet value.
That’s not where you sell an insurer — that’s where you accumulate quietly.
10. Nothing fundamental justifies “rush exit”
No loss.
No regulatory breach.
No going-concern warning.
No capital wipe-out.

KarlTom:
Might not be related.

OandO peaked in September 2024 (₦95) whereas the Settlement Deed was dated December 20, 2024

KarlTom:
Might not be related.

OandO peaked in September 2024 (₦95) whereas the Settlement Deed was dated December 20, 2024

robobo:
Anyway at the is point it will be foolhardy for Wale to raise funds via equity at anything less than 91-92.

That will be total recklessness.

SonofElElyonRet:
@EDUECO

Watch out for Ellah .. about to overtake Access

deathwing:
Please why was my BUY order for TIP rejected even though it was higher than current price. Who rejected it? I don't yet fully understand how the order book works. Sometimes you see no offers but you can see trades ongoing at the same time.

deathwing:
Please why was my BUY order for TIP rejected even though it was higher than current price. Who rejected it? I don't yet fully understand how the order book works. Sometimes you see no offers but you can see trades ongoing at the same time.

mikeapollo:
It may be much easier for Wale to sell Oando at N100 to strategic, long-term partners e.g. foreign or institutional investors.
But that price may be a bit too high for an offer to the general public may, unless there are some excellent news that could push up the price e.g. further acquisition of interests in oil wells etc.