₦airaland Forum

Streetinvestor2:
This one go soon begin rubbish this company dividend pay out..lol

essentialone:
If C I Leasing Plc does not publish a public Apology or Explanation, as to why the price of their shares was not Marked down for dividend after their 1st June, 2026 Qualification Date, I will have no other option, than to take legal steps on it. Such corporate anomaly should not be swept under the carpet.

Agbalowomeri:
Is it the company or the NGX's responsibility?

essentialone:
If C I Leasing Plc does not publish a public Apology or Explanation, as to why the price of their shares was not Marked down for dividend after their 1st June, 2026 Qualification Date, I will have no other option, than to take legal steps on it. Such corporate anomaly should not be swept under the carpet.

ghm:
Do you mean the payment date? The mark down is on the payment day and not on the qualification day.

FYI

C&I Leasing declared a final dividend of 20 kobo per share for the 2025 financial year, payable on 15 June 2026. The ex‑dividend (qualification) date was 2 June 2026, and shareholders whose names appeared on the register at the close of business on 1 June 2026 are entitled to the payment

KarlTom:
Do you still have doubts? @faoogoke
3billion units on offer.
PP closes tomorrow Wednesday 10 June 2026

essentialone:
If C I Leasing Plc does not publish a public Apology or Explanation, as to why the price of their shares was not Marked down for dividend after their 1st June, 2026 Qualification Date, I will have no other option, than to take legal steps on it. Such corporate anomaly should not be swept under the carpet.

ogawisdom:
Dangote refinery serving the rich first

Alright 0.35 USD at #1400 = 490

Assuming that HNI gets at huge 50% discount (can't be up to that)

Then expect the IPO in September to be less than #735 or 0.53 USD

SonofElElyonRet:
Safe to conclude that Chuka Mordi has failed on his promise to acquire the "significant agricultural asset".... What else is remaining to look forward to from Ellah lakes

SonofElElyonRet:
Safe to conclude that Chuka Mordi has failed on his promise to acquire the "significant agricultural asset".... What else is remaining to look forward to from Ellah lakes

ogawisdom:
Dangote refinery serving the rich first

Alright 0.35 USD at #1400 = 490

Assuming that HNI gets at huge 50% discount (can't be up to that)

Then expect the IPO in September to be less than #735 or 0.53 USD

NSEstudent:
Na now you dey conclude.... Something wey he say go happen before the end of Q1.

KarlTom:
Do you still have doubts? @faoogoke
3billion units on offer.
PP closes tomorrow Wednesday 10 June 2026

Agbalowomeri:
Mark down is on the qualification date not on the payment date

faoogoke:
No more in doubt. I withdraw my doubt with apologies.

mikeapollo:
I don't think the IPO can be more than N500.

KarlTom:
Dey play.
It makes no sense to lock the PP for 12months if the difference won't be substantial...

ppogba:
There is a last hope of the farm lands bringing out diamond as fruits.

megawealth01:

NSEstudent:
Na now you dey conclude.... Something wey he say go happen before the end of Q1.

ppogba:
There is a last hope of the farm lands bringing out diamond as fruits.

yMcy56:
FBNH don dey climb small small 😊
N1T Cap base must be achieved anyhow anyhow...

Oga Aj8, what's with this VERITASKAP stagnancy self?
Pls sir what's the new common sense target...😊

ARADEL: Why are retailers selling, when they'll again start pursuing at high price?
Can't they see the heavy cross deals?

ppogba:
There is a last hope of the farm lands bringing out diamond as fruits.

aj8:
@yMcy56, the stagnancy is the market’s current interpretation of the company’s worth.
Some notable issues
1. OS is 13.8b but the weighted average was used in the calculation of the EPS for both the end of the year 2025 and Q1 2026
2. Premium fell significantly in Q1
3. The forecast for Q2 as provided by the company headed south
4. Cash dropped significantly
5. The general “COVID” affecting mostly the low-cap insurance firms, probably a reflection of how we all view insurance here in Nigeria..” If you must use insurance, play with the big caps to avoid long grammar etc. “
6. Etc still plenty.

However Common Sense based on an average of 4 is as follows ( market doesn't trust the weighted average I guess)
So let's compute based on the OS out there for now.

OS= 13,866,666,666.00 NGX
Q1 2026 = 1, 535, 227 bill approx
EPS based on above = 1,535,227/13,866,666,666.00
=0.11
X 4 =0.44
X4 again = 1.76

Until there is some clarity around the OS now and in the future viz a viz recap status…..

That’s where the market seems to be for now.

Let’s look towards Q2