₦airaland Forum

designking:
Does it mean if I have 100,000 units of FBNH shares, I will now have 600,000 shares given the ratio of 1 to 6?

johnok:
You now have the right to buy 600,000 unit at N25 per share

talk2me2:
@Ucheson2, I noticed improvement in NPF MFB's q3 2024 result. Moreover, they seem to be more consistent with numbers this year than in the past. I need to see their audited 2024 as well as q1 2025 results to be able to make a proper decision about the coy.

https://doclib.ngxgroup.com/Financial_NewsDocs/42392_NPF_MICROFINANCE_BANK_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Cc: @Uchetoba

ucheson2:
beloved @talk2me2, apologies for delayed response I have been very busy lately.

Yes, I also saw the consistency in their numbers, but we cannot trust any number coming from NPF MFB until their audited account is confirmed by their regulator the CBN.

'IMPROVEMENT'
Judging from were they are coming from, I mean for a company that it's q1 and q2 results showed negative growths, flat result in q3 can be considered as improvement.

YoY 14% is just a flat result.
QoQ 33% is a slight improvement.

I classify this company as HOLD.

Cc: @Uchetoba

SonofElElyonRet:
He deliberately went on a panic spreading spree which is utterly disgusting. It wasn't a case of honestly giving wrong advice which wouldn't have elicited this reaction from me... it was "malice analysis" intended to cause panic selling and a crash in oando price so he can load up..

I've moved on.. just spoke my mind

samguru:


Where is onegentleguy?
Where is agba?
Where is currentprice?

And other people that used to contribute heavily back then

kaykomo:
Please what is Afolabi?

samguru:


Small units

@mcy help out nah

Uchetoba:
ACCESS BANK
https://doclib.ngxgroup.com/Financial_NewsDocs/42154_ACCESS_HOLDINGS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf

45 kobo interim dividend

ucheson2:
Just imagine how useless this bank is, at a time like this that financial institutions (banks, insurance, etc) in Nigeria are declaring astronomical profits, that's when NPFMCRFBK is making lesser profit yoy. The way they are going they may declare outright loss in there Audited 2024 account. I expect the market to punish them for this sin. N1 per share is loading. I will not touch this one until ...

talk2me2:
Omo This one surprise me ooo. I'm wondering why there own profit is going down when every financial institution in naija profit is going up. When the rest where investing in profiting ventures, npf was busy mounting road blocks and collecting b**be . They may become the only bank on NGX that will be trading below NGN 1 by Dec 2024.

Uchetoba:
NPF MICROFINANCE BANK


https://doclib.ngxgroup.com/Financial_NewsDocs/42140_NPF_MICROFINANCE_BANK_PLC-CORPORATE_ACTION_CORPORATE_ACTIONS_SEPTEMBER_2024.pdf

Uchetoba:
https://doclib.ngxgroup.com/Financial_NewsDocs/42137_NPF_MICROFINANCE_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf

Uchetoba:
https://doclib.ngxgroup.com/Financial_NewsDocs/42152_NPF_MICROFINANCE_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf

Uchetoba:
https://doclib.ngxgroup.com/Financial_NewsDocs/42137_NPF_MICROFINANCE_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf

Uchetoba:
https://doclib.ngxgroup.com/Financial_NewsDocs/42140_NPF_MICROFINANCE_BANK_PLC-CORPORATE_ACTION_CORPORATE_ACTIONS_SEPTEMBER_2024.pdf

Uchetoba:
https://doclib.ngxgroup.com/Financial_NewsDocs/42137_NPF_MICROFINANCE_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf

BullBearMkt:
...Thanks @yMcy56
Are they off SEC hook?

Uchetoba:
Ewu mi is now a change person, he got syphilis from one of his numerous girl friends.. Since he got cured four months ago, he is now very sober apart from that he is now in his 60s and has decided to get closer to ancestors.

ucheson2:
The only reason I don't have their share is the delay is filling their report. But I will give it a try once I see it at 2 naira.

talk2me2:
https://doclib.ngxgroup.com/Financial_NewsDocs/42068_CORNERSTONE_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2024.pdf
KwanaStone

Uchetoba:
They are always acting like the FGN. SEC should have allowed them to keep crashing instead of placing them on suspension. Maybe by now they will be selling @ N1.3.

talk2me2:
That is why I will not invest in NPF until it goes down to 1.2

ucheson2:
That is why I have been avoiding them since they were listed. I will only consider them if they go down to 1 naira.

ucheson2:
Their free-float is about 1 billion shares

naturalflow:
Nnfm 14,15,19 na wa,you go wait tire.

ucheson2:
their results have been very good recently but I prefer oil companies.

I may consider investing in nnfm if the price drops significantly to say 14.

Streetinvestor2:
You must be a prophet This can not be ordinary.

ogoo4real:
Any bad news on Dangsugar and Nascon merger to warrant this two straight days sell off?? Please anyone with useful info can share. Thanks

talk2me2:
That's good I should be able to enter @ 25 or below

Mpeace:
Oh. Sorry. My error. But this oga too like oil.

debeey87:
How come they are unable to pay dividend despite having an eps of over 3naira last year and over 1naira in 2021. Instead they gave bonus issue for 2021 FY and nothing in 2022 FY where they even made more money.

locodemy:
You want them to participate in the census?
No contract awarded to them.
But CBN policy is good to them the fintech firms.