₦airaland Forum

Mpeace:
Now I see why they have been rushing UBA. I just dey compare the fugaz result since morning. If UBA had done what Gtco did to their result, UBA would have been the leader in PAT and EPS.

But make I finish compare their respective OS after capital raising before I decide how to rebalance
Disclaimer: I dey all the fugaz. This is monkey hunting if you want to see it that way. Always do your own research.

I like d disclaimer !

B/4 they start throwin stones...

adolfHitler1934:
I understand what he faced, but he shouldn't have done that....suicide.
No bank can take you to jail because you owe them. Moreover, there's evidence to show that the business was consumed by fire incident.

One issue with Nigerians is the neglect of the insurance financial sector. Nigerians don't insure their life, businesses or properties. It's most difficult for those selling insurance packages to succeed than any other risky business.
The man would have been paid enough money to return back to his business if he had insured that business.
We choose to pray and say "it is not my portion" instead of doing the needful.

RIP, Phone accessories man.

Insurance is key ! .U are on point.
Bank loans are insured ...
In case of default...
No need for him to commit suicide...

Empresa:
Churches and Religion at large is the reason Nigeria is where it is today.

Absolutely wrong Bros...

Wicked leaders is the simple reason we are here today....

ClearFlair:
Peter Obi was completely right. A productive nation will not spend all their time praying. It is irrational, illogical and insane to suggest that people can jettison work and start living in church. That's not what the bible teaches us as Christians

With the set of wicked leaders in Nigeria...
D masses has no option than to turn to God in prayer....
How do you explain $19 billion spent on refineries and yet no single oil was refined...
Or give explanation to herdsmen's killing farmers all over the country ....
And yet you have the Army.. Navy ..Air force ... NSCDC....Custom.. Immigration....Police all having Special Forces....
And no solution in sight .....

Datbadtguy:
I see why the governor banned using public schools for social events. It's crucial to protect those spaces for education. I've seen schools get damaged from all the parties, so it's good to see the government taking a stand on this.

What they need is to get ...
the party to sign an agreement...
to be responsible for any damages...
Everyone using the school venue will sit up....

descartes400:
I like this case. It's like a two edged sword.....it's a very bad optics for the government on the one hand, while on the other, it will serve as a deterrent to those who sponsored kids for protest thinking the kids will be pampared and spared.

I expect the nation's intelligence apparatus do their work to fish out the sponsors and make a public show of them with severe weighty charges.

If this hunger worsen...
I assure you ....
many protests are comin...
These kids are Almajiris..
Meaning..they eat and live from begging ..
Some of u need to visit the North...
to appreciate the challenges facing Naija....
Jail them... Millions are available on ground...
Maybe Tinubu has a short memory ...
these Almajiris are the North voting machine... that brought him to power...

GeeKudi:
I dey tell you.

I was already making plans to go borrow like 10M for the stock before the cautionary note came from Sunrise

The hyping was top notch, especially coming after the OANDO miracle. That miracle lend some belief that if it happened with OANDO, it can happen with any stock poised for it.

U get mind ....oooo
to borrow money...
on top Aradel...
NGX and NASD no be mate....

jckgroup1:
Oh yes.
Real good..., starting November on a very good note; UCAP bonus alert and NPF dividend alert arrived early.

Yet to see UCAP bonus...
Thats fast...
Na Dec my mind dey...

Agbalowomeri:
Are we looking at the same report? Wondering why they didn't add the FX gain to the EPS

Overall result is flat. Seems plenty chopping lines don enter Lol

That tax expense ...
Na out of this world...
Ard 78% ...

emmanuelewumi:
Do you have an account with them? Either United Capital Asset Management or United Capital Securities

Their interest rates then was between 16% and 18%

25% now
as at Sept

SonofElElyonRet:
If presco is a N1,000 then Ellah should manage to reach N100. I will manage that price

Modified: long term

I like ur faith

Sucre6:
This one don care him mumu go yankeee
Werey go dey bite person, u think say nah Nigeria way law no dey work

Dis one na habit from childhood...
Same thing with Suarez...

emmanuelewumi:
A good analyst should have seen what happened to Lafarge. Over N35 billion was spent as finance cost in H1, they now have almost zero debt. The money going to banks will now come to shareholders.

As earlier said Lafarge is the only cement manufacturer on NGX that will deliver 100% in the next few months

Absolutely on point sir

KarlTom:
UBA
This prayer has been on REPEAT...

Over 20m units went through clearing

Simply managing it for their ..
capital raising exercise...

DeepSight:
The destruction is so self evident and one nairalanda1 has the nerve to say in the same sentence that he supports these policies and also wants us to industralize. How he and his ilk dont know that these policies are killing industry, is just benumbing.

Execute policies that render everyone poorer and everything more expensive and yet stand back and expect that there will be a robust market for finished products. With what buying power? The one you murdered?

And rather than tackle the point the clown will start making jokes.
Honestly.
Sickening.

NBS figures(2022) says 63 per cent of persons living in Nigeria ...
(133 million people) are multidimensional poor.....
Now imagine the effect of BAT policies on these folks...
That Nairalanda1 reasonin is something else...

Mrwhite09:
if you know about a strategy to quit these killer habits, dont bother to tell me because there is nothing which I have not tried.

U have too much time....
Every 3hours..pray for one hour...
If u are a Xtian...
That's roughly 6 hours prayer time every day...
Come back in 3 months time...
We need folks like u to become mighty intercessor for God..

AfahaAbia:
There is no formula in all this you said up there. You can save millions today, a terrible emergency can take it all tomorrow. For me with over 15 years experience working I would advise any young person today not to focus on savings alone but to invest as much as possible from your 20s and beyond. Try to also keep money in your pension account(another way of investing for retirement)even if you have contributions made by your employer already. I personally have over 100million naira(which will still increase as time goes on)in my pension account which I can not access till I'm in my 50s.. All im saying is thàt invest more than save.

My rules
1.. Invest in Prayers..
2.. Stock market ..(Both local and Foreign)
3. Money Market and Fixed Income
4. Real Estate

Zagee:
Let's say the minimum wage actually hits the account by this month ending . Kudos to those who grabbed and snatched it at circa 13-14. First FMCG to see light.

I entered at N19...
It should scale N27 comfortably

OakPearl:
They both pay twice: interim and final.

Seplat is quarterly ...Bros

OakPearl:
Only NIDF pays dividend quarterly at the moment.
Monthly dividend to the best of my knowledge doesn’t happen in Nigeria except in the US.

Also SEPLAT pay quarterly

Be like say...
We go buy Aradel for
N300...

diamond68:
madt. he not making my top ten list. actually he number 11


1-tupac
2- big daddy kane
3-keith cowboy of the furious five
4-mc ren
5-rakim
6-DMX
7-black thought
8-jay z
9-kool g rap
10-phife dawg
11eminem
12 jaz o

U be old skool...
to pick Big Daddy Kane...

GBTYO:
Same people whose so-called religious books gloat about genociding their enemies ?

Same people whose two most revered religious holidays (Purim and Passover) are all about genociding their enemies ?

Shocking to believe they will want to seize what is left of Palestinian lands .

How did you arrive at the conclusion that Palestine folks are true owners of these lands ?

robobo:
but a good number of the coy he sued / said their licence should be withdrawn are owned by northeners, so how would the above help?

Those guys knew...
BAT/ Presidency no send Alhaji....
If its a Northern Presidency...
There are ways to navigate issues easily...

designking:
I can't argue that. It is one of my best stock. Here are my favorites.

Access Bank
Dangote Sugar
Nascon
UBA

Commot DSR and Nascon
Cabals wont let Dangote see road...
Alhaji will do a comeback..
When the North has the Presidency
Until then... To thy tent . O Isreal

Superpack589:
Seriously. Not trying to run down anybody's business but some business people in Nigeria have to do better. It is not just about the money. Think about how you're negatively impacting the society. Why will somebody buy 20,000 bags of beans from the market just to store and sell later? I just think this is wickedness.

Its simply a business sense ...
and not wickedness...
These are part of the bottlenecks. ..over d years...
in the Agric Value chain both FG and SG need to address...
Eliminate harvest and drought season in the system..
Farmers should be able to produce in the rainy and dry season....
It will make no business sense to store 20 bags of beans ...

RodgersAkpafu:
Any idea when Zenith Bank will allocate our rights issue and public offer shares we bought to our CHN /CSCS accts?

Minimum of 6 mths

https://nairametrics.com/2024/10/21/dangote-refinery-asks-court-to-void-import-licenses-of-nnpcl-matrix-and-four-others-in-n100-billion-case/

Dangote is on fire...

BabsO2:
Often driver’s license and voters card are also taken as proof of address. Is this not useable here.?

Or Bank Statement that showed his current address!

designking:
Seplat is heading to ₦10,000 per share but I am not buying.

He fit reach N6500
But N10k ...
No a thousand times...

nairalanda1:
The thing is, we need far more than the world bank loans to fix our grid and the power sector

We also need to deregulate the power sector properly by allowing the sector to charge market appropriate prices so that they can make enough of a profit to pay for improvements and expansion and maintenance issues.

We need to stop the practice of people using power for free be it a person who lives in face me face you or a person who lives in Aso Rock.


We have a bad power sector because the Nigerian government and people do not want to pay for 24 hours daily power. They both want power for free. But the sad thing is there is no free power


I strongly suggest that everyone googles for the PWC 2019 paper on the liquidity crisis in our power sector. It would make enlightened reading.

the report is here.

See also here : 10 billion dollars required yearly for 10 years to fix power

Truth is bitter. Very bitter and unpopular

Oga..
Park well ...
Nothing is bitter here ...
Let those at the top cut the cost of governance...
And their stealing ....and do the right thing...
D level of profligacy by Naija leaders is depressing...
Buhari wasted $19 billion dollars on non functioning refineries...
Ajaokuta Steel mill gulped $10 billion dollars for a steel mill thats non functional....
Same Ajaokuta Mill still get N4.2billion Naira budget in 2024 budget..
Na so dem dey budget for am each year ...
Abandoned Tinapa project gulped $450million dollars...
Ebonyi Airport and Jigawa’s Dutse International Airport are white elephant projects...
The completed N36billion airport recorded zero passenger traffic in a year.
Jigawa dutse Airport gulped a total of 20billion, recorded a zero passenger traffic in a whole year
Rivers State monorail on which N33.9 billion already spent was abandoned...
the N600 million Minna Airport City project also abandoned....
Mambila HydroPower Plant gulped $5.8 billion dollars also abandoned......
Roughly US $1.26 billion – or .35 per cent of the country’s Gross Domestic Product ....
was paid in cash bribes to public officials in 2023...
Why do masses have to bear the brunt of inability of leasders to properly define social challenges...
and relieve masses sufferings... ?.