₦airaland Forum

Transcorp showed some resilience, rebounding as profit takers dumped their shares.

KarlTom:
We'll manage the 8.9%

Meanwhile profit takers have arrived.

EDUECO:
Oga 'Elu' is doing a great work!

Transcorp to the 🌙

EDUECO:
Forbes list pumping of certain shares is currently going on!

Transcorp heading for full bid. Maybe some people have seen its results.

Raider76:
Transcorp

Transcorp

The keyword is "innovative"

essentialone:
Yes, that is Bonus shares, not Dividends.

But one of these companies has just developed an innovative dividend called "share redistribution", which they will pay to shareholders for the next three years, barring any unforseen shenanigans.

essentialone:
HISTORICALLY, THESE 28 ACTIVE COMPANIES DO NOT PAY DIVIDENDS. BESIDE THEM, IS THE YEAR THAT THEY LAST PAID ANY DIVIDEND. WILL ANY OF THEM PAY DIVIDEND THIS YEAR 2025?

1) Abbey Mortgage Bank Plc (2011)
2) Austin Laz & Company (has never ever paid Dividend)
3) Champion Breweries (1986)
4) Chams Plc (2019)
5) Daar Communications (has never ever paid Dividend)
6) Deap Capital Management & Trust (2009)
7) E-Tranzact International (2017)
8. Eunisell Interlinked Plc (1999)
9) FTN Cocoa Processors (2010)
10) Golden Guinea Breweries (1997)
11) Guinea Insurance (2010)
12) Japaul Gold and Ventures Plc (2014)
13) John Holt Plc (2005)
14) NCR Nigeria (2011)
15) Oando Plc (2014)
16) Omatek Ventures (has never ever paid Dividend)
17) Regency Alliance Insurance (2019)
18) Royal Exchange (2014)
19) RT Briscoe (2012)
20) SCOA Nigeria (2015)
21) Secure Electronic Technology (2008)
22) Sovereign Trust Insurance (2011)
23) Tantalizers Plc (2012)
24) Thomas Wyatt Nigeria (2011)
25) Union Dicon Salt (2001)
26) Universal Insurance Company (has never ever paid Dividend)
27) Veritas Kapital Assurance Plc (2017)
28) Wapic (Coronation) Insurance (2016)

Sincerely, if you are a lover of Dividends, you should avoid these 28 Companies completely. Unless a miracle happens, none of them will still pay any Dividend in this year 2025. Trade cautiously…

In the case of dividend the exact payment date is usually specified in the announcement. In this case it is almost same as bonus. No allotment date was specified so it is guess work at this point.

mikeapollo:
That is what usually happens in the capital market when such cut off days are announced(e.g. dividend payments), unless something unusual happens. Even if the issuance is done one month, it would be 30 days (still few days )
The doubt here is probably because of Oando's antecedents but the registrars usually credit shareholders accounts a few days after the cut off date

Wishful thinking .....

sophy17:
And how did you come to the conclusion that 'the shares will be issued some few days after Feb 14'?

Hmmm, ok o

Lol. N40 may even be conservative. Recall that there was a time last year when FBNH briefly caught up with GTCO? Wait until Ote's fight to recover FBN's money from big time loan defaulters begin to succeed.

Willie2015:
D only reason FBNH is in my portfolio
is because of Otebaba...
That N40 is non negotiable ...

That's where FBNH is going. Now at N33.

SonofElElyonRet:
UBA knocking on N40's door

One way is to have a clear investment/trading plan then stick with it and apply it no matter the stock.

crownprince2017:
Somebody said I just pray price of oil no come down when it's obvious the majority are interested in cheap energy...

When investment turned prayer point?.


I just wanted to give you this simple arithmetics, check ellahlakes balance sheet then take total assets - total liabilities then divide by it os..that is the worst case scenario. Do the same thing for your betniaja stock then let me know your answer.

It's a risk that worth it, looking at risk and reward probabilities on ellahlakes.

Oyel they bring money oooooooo..



Because I did not agree with what is happening with o and o does not make it a bad stock n doesn't mean people can't make money from it, learn this and have your peace of mind.

We can't all be on the same page regarding investments.

No let Ginalex hear you loud Transpower

emmaodet:
Stocks i will recommend -

Presco, Okomu, Nahco, Transpower, GTB, Zenith, Access
Presco at 685 may look high but if you are interested, i will say go in with 50% capital you earmark for it and when you see a pullback, you buy with the remaining balance

It is pass that obviously

I called out FBNH that it will rally after the RI. I expect it to hit 40. It was slowed down by the news of the O&G sector loan defaults and the alleged internal fraud case.

chimex38:
Probably banks Q4 2024 expectations

Here we go again...

Princkez:
watch out for institutional investors to take up remaining 3b units @#100 and cash realised to be distributed as special dividend to shareholders...#10 per share, When and how ...I don't know ooo

But these shares belong to current shareholders TODAY. Is it ok for a company to hold shares belonging to shareholders and be giving them back in tranches over 3 years? This is different from dividends for which the company has to earn profits annually. Anyway these are my views, at the risk of being called an Oando hater by the powers that be here. I was holding since before the AGM, and I have now sold the news.

Streetinvestor2:
why is it not attractive. This is like paying you dividend twice in a year for the next 3yrs. Many stock can not return equivalent in ratio in dividend like that in a yr

Well, it has started appreciating. Let's see if it will close above the 31.50 resistance level today.

zendi:
Why quietly? There's glut of bank stocks for him to accumulate as he likes. And that's why you rarely have appreciations to show for the accumulations.

Could be the usual suspect.

sky2891:
Since 30th January

Someone's quitely accumulating FBNH.

Nigerian Banks Saw Higher Loan Defaults in Q4 2024, CBN Report Reveals

https://www.arise.tv/nigerian-banks-saw-higher-loan-defaults-in-q4-2024-cbn-report-reveals/

Curious that Arise TV is reporting this news.

I believe you don't own any Oando shares. Because I don't think any minority shareholders who know the potential capital gain in Oando shares in the next year or two will ask for cash, or any other option, at this time.

BabsO2:
They can always steal whatever they want to steal if they are bent on it. And they can distribute as they deem fit. So no worries. But if they have decided to distribute shares they better monetize it to improve profits while giving out something immediately to shareholders also. They can always continue chop profits in fat emoluments etc instead of creditors collecting a larger chunk. Abi OandO is part of the creditors ni.

What's holding Transcorp's results?

Yes. Looks like the hope of the share redistribution is alive.

Makanjuola89:
you go wait taya. Its going up already with over 9 million bids

This market hard oo. Looks like even good results don't guarantee a sustained rally. See as CWG can't close on bid.

Could be a good daytrade day for Oando.

FBNH

https://doclib.ngxgroup.com/Financial_NewsDocs/43045_FBN_HOLDINGS_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

EPS of N20.40

Maybe the 8m offer guy is trying to say something...

yMcy56:
TRANSPOWER
This 8M single offer guy needs to get off the road.....
He's creating a barrier with that offer....

HONYFLOUR
Getting serious attention in market from those not on queue.......
Almost on full bid now....

BETAGLAS on full bid...

NASCON: Getting attention.....

Insurance Sector not left behind.......quite some of them getting attention

Petroleum marketing is actually a very low margin business. What kept these companies going are the side wuru wuru of import of substandard products ar inflated prices for NNPC, inflated subsidy payments, bridging charges, high artificial prices through the creation of scarcity, and the chain of black marketing petrol stations along interstate highways. All these sources of arbitrage have now been blocked, except the import one, which they are sustaining, by fire by force, with the collusion of their NNPC partners.

So, I expect that the fundamentals of companies like MRS, Total, Conoil and Eterna will not support their current market prices going forwards unless they diversify.

emmaodet:
The most disheartening about this report is that Total released a Q4/24 forecast of revenue 238b, actual is 248b which is more than the forecasted.
Net profit forecasted is 5.69b, actual is just 399m. A whooping 93% downside.
Forecasted eps of #16.7, actual is #1.17

The way the AGM resolution was drafted makes the effective date to be determined by the Board. It is very conceivably that the Board may even choose to stick with the AGM approval date. They may also choose a date in the future depending on the their readiness status. So there is a risk to consider when deciding whether to buy now or not.

mikeapollo:
The qualifyng date has not been fixed, so you can buy tomorrow and benefit.
But make sure you buy before the board meeting date of 30 January, to be very sure.