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TerraCota's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 1:54pm On Apr 28
megawealth01:
Na why OANDO is good with patient FUNDS
News alert:
UAE is leaving OPEC effective May 1. I guess they intend to flood the market with oil (above OPEC quota); I hope OANDO, SEPLAT, ARADEL will be able to compete effectively.

https://x.com/marketsday/status/2049105695568740637
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 12:45pm On Apr 21
Dangote Sugar - Outline of Proposed RI

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Market%20Bulletin%20-%20Dangote%20Sugar%20Refinery%20Plc's%20Proposed%20Rights%20Issue.pdf

Proposed RI at N60 per share on the basis of 2 new for every 3 with QD of April 20
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 11:32am On Apr 10
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 9:27am On Apr 07
Zenith AFS 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/46591_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2026.pdf


Proposed a final dividend of N8.75 which in addition to the N1.25 per share as interim dividend amounts to N10.00 per share
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 1:00pm On Apr 02
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 5:23pm On Mar 31
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 11:12pm On Mar 03
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 2:33pm On Feb 28
ositadima1:
As predicted...

Using my Python Monte Carlo script, the estimated fair value ranges between ₦870 and ₦1,165. This is based on a purely generic model; once the full financial statements are released, we can conduct a more detailed analysis.
Osita, here's the full FS for Dangote Cement:

https://doclib.ngxgroup.com/Financial_NewsDocs/DANGOTE_CEMENT_PLC_-_2025_AUDITED_FINANCIAL_STATEMENTS.pdf
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 2:31pm On Feb 28
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 2:18pm On Feb 24
Thank you so much for sharing your analyses - please do not delete! I usually re-read few times "until it sticks" (or sometimes with your work and Bovali, and few others, I do screenshots and save them locally.

ositadima1:
grin grin grin grin grin

This is based on the last Q3 unaudited financial reports. Since the information is quite lengthy and takes up a lot of space, please let me know if you would like me to delete it.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 7:54pm On Dec 30, 2025
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 1:01pm On May 16, 2025
ositadima1:
Let me tell you the next one — but make sure you clap o, so I go get the confidence to keep talking. grin grin grin
👏👏
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 7:01pm On Apr 25, 2025
emmaodet:
I received lafarge too but not what am expecting.
Final dividend is #4.0 per share and I have 220,000 units, I am surprised to be paid #240,000 instead of roughly 800,000.
I think you are mixing things up: final year dividend paid today is N1.20 per share. The N4.0 is the Q1 interim dividend to be paid on May 20th.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 12:29pm On Jan 18, 2025
essentialone1:
*NGX HAS NOW REVIEWED MARKET INDICES, AMID ENTRIES & EXITS OF COMPANIES*

The Nigerian Exchange Ltd. (NGX) on Thursday announced the results of its full-year market index review for its indices. The Exchange also announced the entries and exits of some companies in the various indices. NGX, in a report, listed the affected indices as NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; Afrinvest Bank Value Index and Afrinvest Dividend Yield Index. Others are: Meristem Growth Index; Meristem Value Index; and the five Sectoral Indices of The Exchange – NGX Banking, NGX Insurance, NGX Industrial, NGX Consumer Goods and NGX Oil and Gas. The Exchange said the review had led to the entries and exits of some companies from several indices which took effect at the opening of the market on Thursday.

.......... long, trimming off please see post above from @essentialone1 ............

Commenting, Mr Jude Chiemeka, the Chief Executive Officer (CEO), NGX, reiterated that the Exchange continues to blaze the path to becoming Africa’s foremost Securities Exchange. Chiemeka said this would be achieved with innovation and product developments that deepen the market and boost liquidity, thus connecting Nigeria, Africa and the world.
Similarly, Mr Abimbola Babalola, Head, Trading and Products, NGX, noted that the indices are developed, managed and re-balanced 2 times in a year. According to him, this is to allow investors track market movements efficiently and manage their investment portfolios properly.
Thanks for sharing this, explains the price action of some companies the past several days/weeks; a lot of selling/buying of the companies exiting/entering the indices (Dangote Cement and Aradel as examples).

The rebalancing should be done once a year and not twice a year.

Biggest winner is Aradel Holdings Plc, new member of several indices!

Other winners:
IB now member of NGX 30 Index (slowly IB is coming out of the woods and moving up).
Transcorp Power Plc added to few indices
Oando Plc added to NGX Oil and Gas Index (I guess almost ready for prime time)

Dangote Cement removed from Afrinvest Dividend Yield Indexhuh

Total Nigeria Plc removed from NGX 30 Indexhuh I wonder why.

Not published were the criteria for exit/entry......it will be very interesting to know.

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