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SterlingD's Posts

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Politics › Re: Tinubu’s Workaholic, He Goes To Bed At 2, 3am Every Day — Ajuri Ngelale by sterlingD(m): 9:19pm On Mar 07, 2024
Hmmmm.Is that so?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 12:10pm On Mar 06, 2024
iHaveMadeiT2:
A beg, leave all this opportunity talk as if people have limitless funds. We want rewards for investors just like TOE is doing currently
For those who are interested and have the funds to buy this presents an opportunity for them like someone said yesterday sharpen your cutlass. I also remember someone here saying that DS may drop to below N50.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 10:46am On Mar 06, 2024
Zegra:
The qualification date for salt simply means that there won't be any merger before May, why tie down your capital when you can sell now and come back in May?
This fall is presenting very good opportunity
Politics › Re: "These God Forsaken Human Beings Were Roaring": Seyilaw Blasts Obidients' by sterlingD(m): 8:54am On Mar 06, 2024
We do not need this now.What we need are solutions on how to get the country out of the predicament that we are in right now.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 3:47pm On Mar 05, 2024

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 10:52am On Mar 05, 2024
Bimmms:
Pls , how much dividend is Nascon paying ? I saw an article on Nairametrics saying 5naira , I saw someone saying here earlier 1naira, pls which one to believe ?
https://doclib.ngxgroup.com/Financial_NewsDocs/40443_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf
This is from the AFS pages 4, 5 and 59 shown below

Proposed bonus
Two (2) new ordinary shares of 50 kobo to every hundred (100) existing ordinary shares held by Company shareholders
was proposed at the board meeting held on February 27, 2024 and subject to approval at the Annual General Meeting.


1. Review of activities
Principal activities
The principal activities of the Company include the processing of raw salt into refined, edible and grade salt. The Company
also produces seasoning cubes.
The Company recorded a profit after taxation of N13.73 billion (2022: N5.47 billion) for the year.
2023 interim dividend paid is 100 kobo per share (2022: 100 kobo per share).
Proposed bonus for 2023 two (2) new ordinary shares of 50 kobo to every hundred (100).

At 31 December
At the Annual General Meeting held on 26 May 2023, the shareholders approved that dividend of 100 kobo per ordinary
share amounting to N2.649 billion be paid to shareholders for the year ended 31 December 2022.
In the current year an interim dividend of 100 kobo per ordinary was approved and paid on 17 November 2023 to the
shareholders
A bonus issue in respect of the year ended 31 December 2023 amounting to 52,988,767.56 ordinary shares to be
distributed as fully paid-up ordinary shares to existing shareholders whose name appears in the Register of Members as at
the close of business on 6 May 2024, in the proportion of two (2) new ordinary shares of 50 kobo to every hundred (100)
existing ordinary shares held by them was proposed at the board meeting held on February 27, 2024 and subject to
approval at the Annual General Meeting.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 10:42am On Mar 05, 2024
yMcy56:
NASCON is a buy from my own amateur perspective ooo. *DD applies*

If it's true that a special dividend of N5.18k is declared and is confirmed, investors will likely rush it. That's my opinion.
* Bonus of 2:100 already mentioned in the FY report.


As for DANGSUGAR, one entity is currently offloading @50 in market.....
but there is nothing like that in their 2023 AFS only the proposed bonus was stated .
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 10:27am On Mar 05, 2024
Any thoughts on NASCON and it's movement?
Romance › Re: What's That Red Flag You Are Secretly Attracted To In The Opposite Gender by sterlingD(m): 2:07pm On Mar 04, 2024
Caspry5:
Most parents don't really know the type of children they raised. Just look at the comments above grin
superintendents:
people wey normal for this forum no reach 10 oo.. shocked

grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 1:09pm On Mar 04, 2024
SAK:
No news about Dangfood yet??
Nothing but l hope very soon
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 9:34am On Mar 04, 2024
Why is NASCON delaying the release of the AFS for 2023?l thought they said the result will be uploaded on the 29th of last month February 2024? angry
Politics › Re: Don’t Sabotage Tinubu’s Efforts In Fixing Economy - Oyintiloye Tells Governors by sterlingD(m): 9:31am On Mar 04, 2024
sekundosekundo:
grin


A dead horse has more hope of survival than Nigeria's economy under Tinubu.

Politics › Re: Bandits Kill Five Residents, Burn Police Station, Sack Communities In Katsina by sterlingD(m): 9:15am On Mar 03, 2024
EmekaA125:
How dem take resemble??
sterlingD:
But wait is it not Buhari Junior l am seeing so ?The resemblance in this photo says a lot

Politics › Re: Petrol Landing Cost Hits N1000 Per Liter Mark by sterlingD(m): 7:54pm On Mar 02, 2024
Na wao

Celebrities › Re: Portable Beats Kizz Daniel's Bodyguard In Boxing Match by sterlingD(m): 6:37pm On Mar 02, 2024
🤣🤣🤣🤣🤣🤣
Politics › Re: Bandits Kill Five Residents, Burn Police Station, Sack Communities In Katsina by sterlingD(m): 4:59pm On Mar 02, 2024
But wait is it not Buhari Junior l am seeing so ?The resemblance in this photo says a lot

Sports › Re: NFF Appoints Augustine Eguavoen As Interim Manager Of The Super Eagles by sterlingD(m): 12:52pm On Mar 02, 2024
Not again ! What about Amunike?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 12:49pm On Mar 02, 2024
Streetinvestor2:
Away from transcorp. I once said the market will not crash because politics is now at play in nse.The spokes person for the government has already announced 100k ASi as part of this government success which they will put on thr score card
The president had meetings with the billionaires not long.Then Tony fired the first shot.The next is alhaji to fire his own via listing of the food and subsequently other companies. The third may be wale,likely hood of not delisting oando. This 3 big entities can push ASi to 150k by end of the year.Remember the government wants all the dollars it can get to stabilise the naira. Asi at 150k will attract FPI into the country....this is me thinking aloud .
Don't forget Oga Alhaji Rabiu
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 11:29am On Mar 02, 2024
megawealth01:
I would have listed the stocks to look into but this is not the best of time to invest big in this market... There are still uncertainties
Kindly list for keep in view and research
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 10:31am On Mar 02, 2024
Crime › Re: 400L Student Of FUTO Killed By Suspected Fulani Herdsmen (Photo) by sterlingD(m): 6:59pm On Mar 01, 2024
kerry57:
Fake news. He was killed by another student from imsu
https://www.nairaland.com/8017338/imo-undergraduate-stabs-futo-student#128724658

I dey wonder too the story is even on front page
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 5:10pm On Mar 01, 2024
Deadlytruth:
Please our gurus in the house should offer explantations on the bolded. Thanks.
Could that be connected to the mad rush for Transcorp today on the floor?
Wow but that listing price is high to me look at Geregu it was listed at from N100

FO don challenge Tony make Tony come vex
Autos › Re: Super Clean Honda Accord 2013 Model by sterlingD(m): 4:09pm On Mar 01, 2024
sherozy:
All these posters above are high on.. WEED

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 2:21pm On Mar 01, 2024
KarlTom:
I won't be surprised if NASCON post their AFS after close of trading... sad
I dey suspect so and even Dangote Sugar 🤣🤣🤣🤣🤣🤣
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 11:51am On Mar 01, 2024
mails4funshi:
DANGCEM on full offer despite the #30 dividend.
l am seeing it. l am looking at the stock price now. Will it be a determinate factor?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 11:06am On Mar 01, 2024
2zona:
Sharpen your cutlass. Buy opportunity must show.
Truly truly sharpen cutlass

Meanwhile Nascon and Dangote sugar are keeping us in suspense
Food › Re: Substitute For Meat And Fish by sterlingD(m): 7:15pm On Feb 29, 2024
Stephen0mozzy:
Humans dey eat sha.
Thank God for Wild Animals capable of taming mankind, we for don raid forest finish

Crime › Re: Police Arrest Two For Selling Bundles Of Fake $100 Notes In Abuja by sterlingD(m): 5:14pm On Feb 29, 2024
possession of thirty-six (36) bundles of fake hundred (100) US dollar($) notes”.

The above caught my attention how and how manage?l am lost while trying not imagine how these guys have made from the counterfeit currency sales
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 4:38pm On Feb 29, 2024
Zegra:
Yesterday was supposed to be the board meeting of NASCON
Any info on the outcome of the meeting?
I am surprised Nascon truly had the meeting yesterday and there was no prior notification .This is a surprise as only prior notification of Dangote sugar was known

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 10:35am On Feb 29, 2024
Zegra:
Yesterday was supposed to be the board meeting of NASCON
Any info on the outcome of the meeting?
It is Dangote Sugar not Nascon and the board meeting was rescheduled for today 29th February 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 2:51pm On Feb 28, 2024
vacanci:
we have not even heard news about Board meeting for NASCON, whether they will have the meeting or not. No one is hearing anything

not a report sent to NGX this year at all
The thing is dey wonder me

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