₦airaland Forum

.in this days the market will beat a dead horse

jonnysessy:
The insurance stocks are already down, he that is down needs fear no fall........

,

.apology

essentialone:
Check and tell us.

.this AI response is not considering July and august
.is salt cooking or salt is used for the cooking

essentialone:
*NASCON Allied Industries Plc - Dangote Salt is cooking 🔥*

That H1 2026 result is wild. NASCON turned 3.8% revenue growth into 25%+ profit growth. That’s efficiency.

*1. 📈 H1 2026 Results - "Small Revenue, Big Profit"*
- *Revenue*: ₦81.16B → *+3.84% YoY*. Modest
- *PBT*: ₦29.70B → *+27.6% YoY*
- *PAT*: ₦19.60B → *+25.7% YoY* from ₦15.60B in H1 2025
- *EPS*: *₦14.51* vs ₦11.54 in H1 2025
- *Gross Margin*: *>50%* - thanks to cost control + lower raw material costs

They made more money by spending less, not just selling more.

*2. 💰 The Cash Machine*
This is the real story.
- *Finance Income*: *₦5.35B* → *+126% YoY*. All from interest on cash
- *Cash & Equivalents*: *₦46.05B* sitting in the bank as of June 2026
- *Debt*: Still minimal
- *Dividends Paid*: *₦16.21B* paid out earlier in 2026 and they still have ₦46B left

NASCON is basically a salt company + treasury bill fund. With interest rates high, that ₦46B is printing money.

*3. 🚀 NGX 30 Index Admission*
Big capital markets move.
NASCON is now one of the *30 most capitalized + liquid stocks* on NGX.
*What it means*:
1. *Forced buying* from ETF/index funds that track NGX 30
2. *More FPI attention* - foreign portfolio managers now must consider it
3. *Liquidity boost* - tighter spreads, higher volumes

*4. 📊 Stock Price Reaction*
Market already priced it in.
- *YTD Peak*: ~₦202/share
- *Current Range*: *₦175.50 - ₦195.00*
- Driver: Strong H1 print + index inclusion + dividend track record

*Bottom Line: Why NASCON is Different*
Most consumer goods firms are struggling with FX and input costs. NASCON did the opposite:
*Typical FMCG*: Revenue Growth is Low single digit. Margin is Compressed. Balance Sheet has High debt/FX losses. Other Income is Small.
*NASCON H1 2026*: Revenue Growth is 3.84%. Margin is >50% Gross. Balance Sheet is ₦46B Cash, Low debt. Other Income is ₦5.35B Interest Income.

With Dangote Group backing, salt + seasoning + tomato paste as core products, and now index fund money flowing in... this is why it’s trading like a bank stock but with FMCG margins.

At ₦14.51 EPS for just 6 months, full year could push ₦28-₦30. Even at ₦190, that’s a P/E of ∼6.5x.

.hello sir
. i want to buy a bmw x3 year 2015 .pls how much to clear it
.it is grimaldi container .tnx

.Bullion van things

NSEstudent:
Dem wan deliver your own for house, in cash.

.debt2eqwity news is coming

GeeKudi:
Nothing is happening until after the right issue.

.feel sorry for who cannot sell .very painful to see profit reduce

megawealth01:
Almost 190m offer... Una no get joy at all for UBA because of common dividends

But seriously UBA should be punished more than this just like MTN was punished 2 years ago so they can sit up

.we have forgoten last yr .i had plenty plan for the dvidend

mikeapollo:
But I think UBA dividend was fantastic last year or 2 years ago (can't remember the exact year(

.uba is gettin plenty offers

.tnx

robobo:
Congratulations

.im out .ill enter zenit or gt

..signature

PETERiCHY:
In stock market business the

(No 1) rule is DON'T LOSE MONEY.

(No 2) rule is Don't forget rule No 1.


Meanwhile EDUCO and his fundamental stocks right now

BARGAIN HUNTERS TAKE NOTE!

..not like before ..very bad platform even to log in

sterlingD:
Are you able to carryout transactions on this new website?

..yes

sterlingD:
I want to ask is anyone using the new ARMONE trading platform?

.. fllw on utube ..
https://www.youtube.com/watch?v=ueynd-F0zWA

Divineability:
Hello House, kindly share the link to today's webinar on Capital Gains Tax & The Market, an engagement with Taiwo Oyedele the Chiairman, Presidential Committee on Fiscal Policy and Tax Reforms.

.. attend physically ..register https://www.eventbrite.com/e/tax-compliance-planning-with-mr-taiwo-oyedele-tickets-1729315532309?

Divineability:
Hello House, kindly share the link to today's webinar on Capital Gains Tax & The Market, an engagement with Taiwo Oyedele the Chiairman, Presidential Committee on Fiscal Policy and Tax Reforms.

.now oando fly to new era

https://doclib.ngxgroup.com/Financial_NewsDocs/44547_OANDO_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_JULY_2025.pdf

Yemy3m:
. said it before that oando wanted to raise fund with bond but bad rating stopped them .it is still in process .patient dog will eat fat bone

.nairaland has delete two message .do not post about the current wrr .

. nice pair

knyte:
Meet Cora's parents

. fluffy remind me of puf puf

afolay:
Super fluffy.
Pocket friendly price

. said it before that oando wanted to raise fund with bond but bad rating stopped them .it is still in process .patient dog will eat fat bone

.good buy .geregupower

.new week means new opportunity

.sad one

calabaman:
You are right.

The price of fixing my old Brum 32 inches TV was 70k..

I sold it off for 20k as scrap.

. what are their gender

.happy Christmas .plan very well during the hols .bull is growing long horn .donot panic

.it will be clear soon

Yemy3m:
Did you know
Oando supposed to raise # Three trillion to fund their projected 2024 budget,
# One trillion as bonds by June 2024 but maybe the devaluation of the # made them to pause. They even engage consultant for their rating score. *Also use private offer from major shareholders for # Two trillion not sure if they include right/public* and *Shares for payment to vendors*

.me na dull money o

Raider76:
Could be indicating the exit of smart money.

.smile

.get oando now that it s available .this is huge