₦airaland Forum

iskalamong:
Revenue dropped likely due to decline in downstream sales.

Marginal growth in profit (c.10%)

They reported EPS of c.N30 and the stock is trading at N40.

Looking like it’s still the cheapest (or at least one of the cheapest stock) on the Nigerian exchange.

Negative shareholder funds, high debt and no dividend are potential negatives keeping share price low.

I will take a better look at the numbers later.

Cheers!

Iskalamong!

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hope you can read cashflow statement, they are not cashflow positive, and have financial burden. All those revaluation are deceitful.

emmanuelewumi:
But not backed by cash, when you consider the Free Cash Flow

People want to make money fast, easy come easy goes by the time the bull clear them go know what's up 😊. That company needs financial miracle.

ravensckar:
Mr. Sherlock Holmes, maybe you should tell me.

For about a decade of being married to me, somebody has been giving me joy. You're here saying you wish I knew her past. Of what relevance is her past? Abeg, let the past remain in the past jare. Or you think sey my own hand clean too?

quite a lot of people think only other people have past, I like my wife too, we argue o but what is one looking for when you are happy. Just have to accept in life we are virtually ignorant of so much details.

Babatunjo:
So I was at dinner with a friend this week. Guy has been married for about 8 years now... married almost immediately after uni. Tall guy, always had fine girlfriends back in school. You’d think na him go dey hype marriage pass.

Out of nowhere, he just sighed and said he regrets marrying… apart from the kids.
His advice shocked me.

He said if he were single again in 2026 Nigeria, he would never marry. That I should just find a woman, have between 1 to 3 kids if I want, make her comfortable, take care of my responsibilities... but avoid marriage completely.

I laughed it off, but then it hit me:
My boss had told me something very similar some time ago.
Then I remembered a former neighbour... fine wife, two kids, lovely family pictures on social media... he also warned me not to rush into marriage.

These are not bitter, broke men o. These are men society would call “successful”.

So now I’m asking myself (and una): Wetin really dey happen?
Is marriage quietly becoming something different from what we were sold?

I don't hate am married but it expensive, the idea someone want me to make them feel they are special, don't need someone to make me feel special. All I know is am human and lucky. But it expensive 😕

iwaeda:
Ambode is most likely. I have seen the sign. What happens to noise maker called Jandor.

it minister for Education that will complete Epe ticket, that the closest option.

Dogalmighty17:
Useless eye service. Those counterfeit TV sellers have been operating for years. SON can't claim ignorance.

since I have been going to Alaba, more than 12years, unserious people.

Workmanship is he in Germany, cement for tilling too much sef. And 4 inches pipe quantity, it plenty

nosa2:
Nigerian market is protected but I suspect that protection will come off sometime in the next 20 years

let interest rate comes down, importers will have access to cheaper capital for importation, that a part of the premium.

chimex38:
To spice up and deepen your Trillionaire learning Ministry from BUA.

9Trillion is Enough to fund the full 2026 budget of about 13-14 states of Nigeria COMBINED without borrowing!!
you read that COMBINED without coughing a kobo in external debt of capital/recurrent expenditures funding .

About 36% of the entire sub-nationals can be funded by just 1 family.

To buttress the enormity of the amount, each of these sub-nationals are still going to borrow substantially to fund their 2026 budget aside allocation from FAAC and IGR.

Life no balance

#ICIR_Post_on_StatesBudget
https://www.facebook.com/story.php?story_fbid=1313726317463800&id=100064793316314

let him try selling the company, if a institutional investors will pay that much multiple for that industries, they have a low float and are all beneficiaries of what 100,000 limit does, it why am happy pension funds are not allowed to buy much equities. That 100,000 unit limit has to be stopped for some stocks and 10% daily gain or Loss.

Any simple arithmetic will have let us all Know Don Aza is outrightly correct. They have revenue shortfalls and If we don't pay they will continue huge deficits and more uncontrollable inflation will be what we will get. Wealth nations tax citizens maybe we will hold public and civil servants more accountable.

pluto09:
He has already made his money and the asset is overpriced.
How he gets people to buy his overpriced assets at inflated price remains a mystery.

maybe cooperate money laundering.

Kingsley34:

https://www.youtube.com/watch?v=m7wgiX3U6Ks

Watch this explosive moment caught on camera in the heart of Lagos traffic chaos! A frustrated commercial bus driver completely loses it during a confrontation with a LASMA (Lagos State Traffic Management Authority) officer — allegedly over a traffic violation or extortion dispute.
The video shows the driver unleashing a barrage of punches and slaps on the uniformed officer right on a busy Lagos road. A brave bystander jumps in and delivers a sharp slap to the driver to break up the scuffle. The scene escalates quickly amid honking horns, shouting passengers, and stunned onlookers.
This raw footage highlights the daily tensions between Lagos drivers and traffic enforcers — from economic hardships to alleged harassment — that often boil over on the streets.
Nlfpmod mynd44

ignorance of the law is not an excuse 🙄, he assault him. He will go for anger management, Physiological evaluation, them small sentencing. He doesn't like is freedom, lastma is frustrated too. Let abide by the law respect human dignity.

erniok2:
I'll paint a scenario. If the police asks an armed man to freeze and drop his weapon, it could create 2 scenarios:

1. The armed man drops his weapon and.is no longer a threat to the officer who would handcuff him.

2. The armed man attempts to shoot the officer and is gunned down. He was a present threat to the officer.

The law was saying scenario 1 played out and going ahead to kill the herdman was murder.

PS: This is using US as case study and in no way involves naija police.

that true, but policeman is trained, and if a policeman notice that criminal was similar to some who just killed 100 policeman unko, he should just watch and arrest 😉 as he is alone. That man was in shock and couldn't ascertain presence of other treat. Those people needed to be designated terrorists that why the law didn't favour him.

erniok2:
The judgement seemed a bit fair to me. You have immobilized him so why go ahead to kill him.

it what determines when one is immobilized that is baffling me, in a place where him escaping is his death sentence. Terrorists getting lighter sentence, our law making Legislators needs more activities and president no see that one give pardon 😉.

fineboynl:
The electricity is bad and terrible since November. As a band A customer we are not getting the agreed minimum power of electricity each day.

Yet they are still charging for band A.

Our economy still very cyclical with our natural season. Demand energy wise picks up with dry season economically so energy needs increases. The power deficit quickly shows now as hot season will also increase household demand for Cooling in door and food. Even daily petrol demand peaks in dry season. We really need to encourage cost reflective rates, eco-friendly usage and also upgrade distribution which very expensive. Short term consider other cost effective options

oalandAgents2:
Minister of Works Nweze Dave Umahi, not Tinubu is responsible for this event.

Please give Umahi the respect and credit due to him.

but Fashola deserves no credit

hatchy:
If you are the type that like quiet and serene environment, then Enugu is the destination you'll need to visit for holidays or relocate to.

In all my travels to different parts of this country, I've never seen a city more orderly,beautiful, clean, serene, and with good ambiance like Enugu. I also noticed that the inhabitants are more friendly and willing to assist if you need help.

Peter Mba is working tirelessly to make the city more beautiful and attractive to investors too.
May God give him more wisdom to work for his people, especially now that he has joined them in that their witchcraft coven, APC.

same feeling and it weather is beautiful too , just easy going feeling

unite4real:
N7 million rent from a N100 Million property is rare. I have couple of friends in Abuja who bought houses and some built with value around N100 million and the rent is around N4.5 to N5 million

A friend was lucky with one bought 1 plot 2 flat for 18m in 2024, made repairs with 12m. Currently 2 tenants with 1.2m each and 2 shops 400k each. 3.2m but by the time maintained start. Lol

Dalohad:
This is why it is good to have a second address as a politician.
This is why it is good to be a professional in any field before going into politics.

After politics, the lawyer can go back to his chambers, the Professor can go back his classroom, Medical Scientist can go back to his Lab, the Physician can go back his hospital, the Pharmacist can go back his Drugstore, the Architect can go back to his drawing board.

politicians can also go back to his ward. Lol.

Transnational Corporation am currently looking at the thesis around the holding company and the growth in revenue by the subsidiaries. What are the negative thoughts anyone here have on the company. Please share just want to get others opinions.

Last last na another yam eater, will God forgive Nigeria

Me I buy when I have free money, 2015 people thought Goodluck won't concede, as Buhari start some bull start small in 2015 and 2018 too, life goes on. It not get rich quick, some of us own private business and have seen some deflation in prices, winners will keep winning and one day market will remember them until then, we spend some dividend and reinvest some. Doomsday is how my dividend income now matches 30% my annual income.

kintus:
So many angry fellows in this forum lately.
Can we please channel this energy somewhere else?

We all came here for investment discussions, but the energy we're putting out isn’t right for this space. Money doesn’t like this kind of vibration.

Let’s keep things positive.
Wishing everyone a greenful and dirty December ahead. 💚💸

God bless you

Streetinvestor2:
I believe the disgraced nation must have produced disgraced ngx today and werey charge and bail lawyer .kanu only offence is because he is igbo and thr was already a pre determined judgment by a werey
The disgraced ngx will continue on its disgraced direction till further notice
It is elementary economics..FA and TA does not work in any disgraced economy
Go and verify

So Kanu did no wrong to you, Kanu was released after gathering people and making secessionist statements, after released on bail, he jumped bail and that is lawful too. He was in Kenya inciting arson of public infrastructures, making tribalistic statements. His followers where violating other Nigerians right to movement. Just felt Nigeria union should have been negotiable from unset. Ngx will thrive , and quite a lot of us, will grow our wealth to billions here. All your pessimism ok, all our optimistic views are ok too.

HesInMe:
Market price-to-earnings ratios don't predict the likelihood of a market crash at all?

You're rewriting all of modern finance. If you're right, you'll earn the Nobel in economics. Don't bet on it.

I once bought banks close to 2 p.e before gtb sef. Reasons not to play all hands market always surprise.

SpencerForbes:
I dislike offering verbal appreciation; I’d rather communicate through my work ethic. Compliments often get to people's heads, and they start believing they are doing you a favor. I prefer to let my results speak for me. If the employer is treating me well, he will see the gratitude in my productivity. However, if he starts misbehaving, he will notice the shift in my actions immediately.

same here, even as an employer, won't encourage such messages it clouds my judgement, my staffs who did such in the past traumatised me, when I recieve such compliments, I affirm that they are entitled to it once agreements are fulfilled, make everyone including myself be accountable.

emmaodet:
Why did you say most stocks are over-sold?
Because according to this Meristem research, the current ASI P/E is below average 5-years SD/-1
Which means fundamentally, the average stock needs to be priced up.

as naira is strengthening we are experiencing deflation, so companies cannot easily grow sales, competitive products can start gaining share back if they have cost advantages. All this wars, loans, and excessive corruption is not going to favour investing. We are really not in a good place economically, investors are not blind. Let be honest the market have it own mind, it prices sometimes correctly the risk existing.

MikeofKd:
Most of the intelligent women I've met aren't crazy at all they mostly nerds and highly introverted. It's u that know where u see intelligent women that are crazy o.

ok o!, I agree with you

MikeofKd:
That's why I love intelligent women like mad , we would talk about politics , capitalism , culture and traditions, business ideas and philosophy, great and interesting topics , deep conversations about life.
Intelligence in women is so sexy likeee , teach me something I don't know , discuss greek mythology.

It's sad that most Nigerian girls these days has nothing to offer other than sex ,all they can offer is sex sex sex , sex this sex that , I pity for the next generation.

If you find you an intelligent woman better hold her tight. So Ur offsprings can be smart and make you proud.

the smarter the crazier, enjoy craziness with smart people if judging by qualifications and early life achievements than those lazy ass that talk more than action. You need energy for all things to materialise.

yinkeys:
WoW first time hearing Aurelius’s wife cheated
And the man didn’t fear for his life
Or maybe it was with a Roman soldier

another General friend of his, who also try a coup.

dierich:
I've been with my wife for 7 years now. We dated for 3 years and got married 4 years ago
I met her a virgin which made me cherish her and respect her a lot.
We had a son together now and we are living well and I've seen her as been faithful and submissives even supportive a lot
Fast forward to this moment. We relocated almost 2 years ago and she started working. Recently I notice her moves with one of her colleagues at work which I notice they started having some kind feelings which I interrupted and I told her family which we all settle it. She was sobber and said it's the work of d devil. Though no sexual stuff between them, just some kind of colleague been to clinch which it's getting out of hand
I set some rules which one of it is that if she dare chat him or talk to him about anything not related to work or account, I will send her packing which she assure me.
I've been spying which I saw it that they've not even chatting though they don't usually see at work. The man is just doing part time which he comes 6 times a month.
4 days ago, my wife lock her fone, and said she doesn't want me to be spying that whenever I want to check her fone, I should tell her and she'll surely open it immediately for me.
So, yesterday, she's chatting on her fone and I playful collect her fone, check her WhatsApp and saw she message this Same man (Hello sir, good afternoon)
I was so annoyed and my heart broken totally, after several warnings.
Now I want to send her packing just for her to learn that, if she turned out to be a single mother, she'll got tired of men after they must av play her and turn her to trash
I'm confused and now I've packed her bag, waiting for her to come from work and send her away tomorrow morning
Or what advice can you give. What's your view

She isn't like this honestly. I've check her well for several years coz I'm a sensitive guy, until now that I saw some stupid act

start preparing emotionally for the worst, reduce how emotionally you are invested, become more unpredictable, dress well to please yourself, eat well. No need to be telling an adult what to do, conserve your energy for yourself. Marcus Aurelius was powerful yet his wife cheated. Life too short to make someone choices dictate ones emotions. You can't force what is meant to fail. Enjoy yourself and be thankful always.