₦airaland Forum

Very important!

Yoursfaithful:
Leave am make he dey explain..what's the benefit of investment without single return to shareholders..no emotions in this market.any stock that underperform we move... we come back when they are ready for business and tidy up their books

Maybe (@ the bolded).

Meanwhile I hope you're still waiting for Zenith at ₦85 - ₦90...

ogawisdom:
Make it make sense

Presco SP = 2300, dividend = 14

Full offer may be loading, I hope I am wrong

Thank you Aj8.

The bolded speaks to me personally...

aj8:
Congratulations Mankind2024. May your expressed ambition and many more not yet expressed, come to pass by His Grace. I just want to add a point or two to your very well-written reflection.
Compounding is good, the 8th wonder of the world. But it doesn’t always need to be passive, it can be active or even aggressive. In trading, the phrase 'take profit off the table' exists for a reason: trends can reverse instantly when economic momentum shifts. While some markets recover quickly, others take decades. A stock falling from 100 to 4 might eventually return to 200, but only if time is on your side. While there are 'forever' stocks where I’m happy to stay in the passenger seat, I believe in remaining vigilant. If the fundamentals or prospects decline, I prefer to exit without sentiment and pivot to fresh opportunities with higher growth potential. Compounding continues but actively leaving only my failed attempts to run passively but still given fuel by prayers and hope.

Happy Workers Day

I can't thank you enough for those audiobooks you share from time to time. Thank you, sir.

aj8: Good afternoon sir.
What is Common Sense theory on Conhall Q1 2026 result

It would be great if you could share your success story and provide updates. Many members here hold both you and Mr. Emmanuel in high esteem.
Don’t be deterred by those who dismiss lived experience as mere “audio.” What you’ve achieved is a testament to God’s grace and the power of compounding.

megawealth01:
I did share my success story last year

megawealth01:
ACCESS will pay dividends

That last minute movement to 36+ wasn't coincidence

LOL, ACCESS GO WHYNE YOU

YES we have transformed LIVES gloriously that's my joy. I honestly don't care about what people's perception of the WEALTHY is

Mankind2024:
It would be great if you could share your success story and provide updates. Many members here hold both you and Mr. Emmanuel in high esteem.
Don’t be deterred by those who dismiss lived experience as mere “audio.” What you’ve achieved is a testament to God’s grace and the power of compounding.

That's my slogan

Digitron:
LOL, ACCESS GO WHYNE YOU

KarlTom:
Maybe (@ the bolded).

Meanwhile I hope you're still waiting for Zenith at ₦85 - ₦90...

Lol yes ooo waiting at sub 100

KarlTom:
Maybe (@ the bolded).

Meanwhile I hope you're still waiting for Zenith at ₦85 - ₦90...

Lol yes ooo waiting at sub 100

Don't add ₦15 like we won't notice...

ogawisdom:
Lol yes ooo waiting at sub 100

ogawisdom:
Spot on, the supplies will soon hit Zenith Bank after qualification date. Bank offers are usually crazy you will see 45m offer vs 5m bid lol, It will settle below 90 say 85.

MTN is still stubborn refusing to go below 700, sentiment around MTN is very strong with many buyers waiting to take up every price dip.

Ucap touched 15.85 today and i scooped some, same stock ppl were fighting to buy above 18 before qualification date.

This caught my attention:
“Perkins said that one year he gifted $16,000 tax-free to 30 to 40 people.”
Now that’s on another level—this man must be a real Baba Ijebu!

pluto09:
https://fortune.com/2026/04/30/multimillionaire-hedge-fund-manager-bill-perkins-money-should-drive-fulfillment-spending-it-all-before-he-dies/

Insurance stocks are doing very badly in a period recapitalisation is rounding up
Q1 results are either in the red or lower than previous year.
Where Loco?

essentialone:
https://doclib.ngxgroup.com/Financial_NewsDocs/46929_TRANS-NATIONWIDE_EXPRESS_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_MAY_2026.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/46927_S_C_O_A__NIGERIA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2026.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/46926_GUINEA_INSURANCE_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_MAY_2026.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/CORONATION_INFRASTRUCTURE_FUND_-_Q1_2026_QUARTERLY_INVESTOR_REPORT.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/46925_PRESCO_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_MAY_2026.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/46924_ACCESS_HOLDINGS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_MAY_2026.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/46923_ACCESS_HOLDINGS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2026.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/46898_FORTIS_GLOBAL_INSURANCE_PLC-NOTICE_OF_DELAY_IN_FILING_AUDITED_FINANCIAL_STATEMENTS_CORPORATE_ACTIONS_MAY_2026.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/46921_VERITAS_KAPITAL_ASSURANCE_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

Approved.

chimex38:
It's probably not hard to deduce.

Late entrants who subscribed to the public offer after TIP has achieved the SEC approved target, rather than refund them, the management can set up another Private placement arrangement of the exact excess amount approved at the AGM and use that to add to equity without returning the balance.

The only issue is, depending on the amount it will expand the outstanding shares far above what the initial PO and RI especially if the excess is substantial.. But if AGM approved it, no issue.
(my thought though)

nicestlady:
I got my wapco dividend since yesterday morning. Maybe because it ain't much.

Which kain rough play CardinalStone Registrars dey play so?

faoogoke:
Insurance stocks are doing very badly in a period recapitalisation is rounding up
Q1 results are either in the red or lower than previous year.
Where Loco?

Insurance Stocks, Recapitalization & Current Reality

Let’s be honest — insurance results right now are not impressive. Q1 numbers are weak, and compared to last year, many companies are underperforming. That part is true.

But here’s what many people are missing:

The stock market does not move based on what has already happened. It moves based on what is expected to happen next.

Recapitalization is not about today’s earnings — it is about future strength, capital injection, restructuring, and positioning. These things do not immediately reflect in Q1 results. That is why the sector can look weak on paper while still preparing for a major shift underneath.

Nobody is trading blindly. Smart traders are watching:
– Volume entering the sector
– Whether strong companies (Tier 1) begin to lead
– If buying pressure is consistent over several sessions

These are forward signals.

If you wait for results to become strong before taking position, the market would have already moved ahead — and the opportunity becomes smaller.

So yes, results are weak now. But weak results during a recap phase do not automatically mean a weak future. Sometimes, it is the exact period where positioning quietly happens.

The real question is not just:
“What are the results today?”

But also:
“What is the market preparing for next?”

That’s where the edge is.

Streetinvestor2:
ok thnks
Ositadimma come and see sugar q1 result.
We need your input because the difference is loud compared to q1 2025
We are heading for #100 next Month
@Agbalowomeri, you #300 is very possible in future ..lol.Next yr is the target. We will overtake salt when alhaji have accumulated the RI

They made profit of 19 billion, and gross margin jumped to 23%. If they keep this run rate, the full year profit could be around 107 billion after paying off the loans with the rights money. The rights issue will bring in almost 485 billion to clear the dangerous short-term debt. But the share count will rise by more than 60%, from 12 billion to 20 billion shares.

So on a full year, my estimated EPS using all the new shares is around 5.30 to 5.8 naira. If I give it a multiple of 12 to 14 times, fair value settles between 65 and 80 naira. At current price of 69.70, the stock is not cheap but still within that fair range.

Picking the rights at 60 naira is sensible because you are buying below the fair value and the company will finally have a clean balance sheet.

As for people who say it will catch NASCON at 210 naira, I just laugh. NASCON has much fewer shares outstanding, that is why its price is high. Dangote Sugar with 20 billion shares post-rights cannot get to 210 naira anytime soon, unless profit doubles in a very short time or merger .

This time, the rights issue makes real sense. So, you should take your rights.

Everyday this government tells us that they borrowed billions of dollars and shared to poor Nigerians. We don’t see anyone jubilating. Sometimes we see just one person who received 5k.

But the 240 people that received $3,000 each from Pastor Jerry Eze can be traced. You don’t need special glasses to see them. We know their names and they are verifiable.

The people who receive thousands of dollars every year from TOE Foundation are traceable too. Their records are there. We know them. We have seen them. It was done transparently.

But once it’s from the government. No transparent process. No verifiable data. No traces of the recipients. No evidence of amount spent or sent.

Tomorrow they will borrow again and the data boys will give them standing ovation for knowing how to borrow.

This government and the truth do not have any relationship at all. They no Dey follow one road. Na there movement be this 👇🏾😂

-KAA
#kaa_truths

The S&P is on a strong rally today, almost feels supercharged. I expect the NGX to mirror this momentum on Monday.

Presco FS; AI generated visual format.

Mankind2024:
From a Joke to a Journey: The Quiet Power of Discipline and Compounding.

A Personal Reflection
In 2022, I reconnected via WhatsApp with a university friend I hadn’t seen since 2012. It was shortly after the birth of my daughter—my third and last child. I often say, half in prayer and half in gratitude, that I do not wish for another child as my wife refused to sterilize and also dislike family planning, may God, in His infinite mercy, bless those who desire children with their own. Amen.
During our conversation, he casually asked, “When are you visiting the US?”
Without thinking, I replied jokingly, “When the profits from my US portfolio are enough to fund a trip for my family of five.”
At the time, it was nothing more than a lighthearted remark. In truth, I had never even applied for a Nigerian passport before, let alone seriously considered traveling abroad. I am anti- JAPA.
My entire US portfolio was worth less than $1,000.
But something changed.
As I grew in entrepreneurial wisdom, knowledge, and understanding—driven by a strong conviction for FIRE (Financial Independence, Retire Early)—things began to take shape. I made a conscious decision to take control of my financial destiny. I tuned out the noise:
“The US market is overpriced.”
“The dollar is losing dominance.”
“China has taken over.”
“A massive bear market will crash the NYSE.”
“The US economy is unsustainable for her deficit.”
“BRICS will replace the West.”
Through it all, I remained disciplined, consistent, and patient—allowing time to do what it does best: compound.
I look back at moments that could have shaken me:
The August 2024 market dip (BlackMonday), when my portfolio was down over $11,000—deep in the red. I did nothing.
The 2026 ongoing strait of Hormuz war between Iran, US and Israel, alongside global tensions and Oil blockades when my US portfolio dropped by over $17,000. Still, I held firm.
No panic selling. No emotional decisions. In fact, in 2026, I have not made a new US investments—only reinvested dividends.
Today, as I reflect on this journey, I find myself nurturing a new ambition: exploring the United States. I don’t know exactly when it will happen, but I am confident it will. And when it does, I’ll share those moments without my pictures —perhaps even photos titled “Mankind2024 in the US.”
What once started as a joke is gradually becoming a possibility.
Here’s the most powerful part: without touching my capital, the unrealized gains from my portfolio alone could now fund a holiday with return trip from Nigeria to the US for a family of five.
If there’s one thing I hope this story conveys, it’s this: there is power in vision, discipline, and affirmation. Stay the course. Let time and consistency work in your favor.

very impressed with your investment profile..Wishing you continuous good health and longevity..if I may ask,which app do you use in buying the US stocks?

I am thinking of diversifying away from Nigerian stocks.

Thanks

No further comments. Purely on earnings…after the noise, each should find its value. Just Common Sense.

Continued

aj8:
No further comments. Purely on earnings…after the noise, each should find its value. Just Common Sense.

Well done, sir.

Is tye third one Access bank?

nicestlady:
I got my wapco dividend since yesterday morning. Maybe because it ain't much.

Mine just dropped. They try sha.

Wema=39.50
GTCO=117.80
STANBIC=143
UBA=62.20
ACCESS =73.80
ETI=104.20
ZENITH=152.80

On Common Sense. Any doing below 5% dividend are likely to tick slightly lower in the short term but will eventual soar when the past is overtaken by future hope.

aj8:
No further comments. Purely on earnings…after the noise, each should find its value. Just Common Sense.

Much respect Sir. 🫡

purity2all:
Well done, sir.

Is tye third one Access bank?

Yes

aj8:
No further comments. Purely on earnings…after the noise, each should find its value. Just Common Sense.

With 3.69 EPS of access still shows that ACCESS is the cheapest among the top tier banks, but am not sure its management are ready to manage the bank better. I also hate the game they played by claiming they will pay dividend when they must have known that it is not going to happen. It is one thing to be silent on dividend payment its another thing to clearly state intention to pay. Non-payment of dividend cannot move access to 73. Number 1 reason people invest in banks is for dividends, share price growth is secondary.