₦airaland Forum

Oasisblue:
Which merger? Kindly provide further detials. I am just hearing aboutt his.
Thanks.

It was mentioned here around 2 months ago nah.
Abeg, I no talk about any merger o......
I'm also asking for update whether it will still happen or it's just a rumour....

If Alhaji is serious about merging the consumer goods Arms of his companies, then it ought to be before listing of DANGREFINE, but as it is, I don't know if he still even have time for that....
Nobody knows anything yet, except maybe insiders.

CORNERST
https://doclib.ngxgroup.com/Financial_NewsDocs/47159_CORNERSTONE_INSURANCE_PLC-NOTICE_TO_POLICYHOLDERS_ON_THE_SEPARATION_OF_COMPOSITE_BUSINESS_CORPORATE_ACTIONS_JUNE_2026.pdf


https://doclib.ngxgroup.com/Financial_NewsDocs/47152_CORNERSTONE_INSURANCE_PLC-ANNOUNCEMENT_OF_THE_SCHEME_OF_ARRANGEMENT__CORPORATE_ACTIONS_JUNE_2026.pdf


CORNERST Q4 2025
https://doclib.ngxgroup.com/Financial_NewsDocs/47186_CORNERSTONE_INSURANCE_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JUNE_2026.pdf

NASCON
Something may be happening there.....
Series and chains of 90k units being crossed in market...
Cross Deals has been ongoing for sometimes....

Anyone with the merger rumour news update?

SonofElElyonRet:
Mercy and Loco are nowhere to be found

I've been around o
Just somehow busy to post.....

I expect Q2 +ve expectations to lift the market somehow.....


** Meanwhile, today is the last Qualification Date for Dangote Cement

SonofElElyonRet:
Dangote refinery sef fit collect wotowoto

I think it's Dangote Refinery that's responsible for the downturn in the Market....
People pulling money out to participate...

Even though someone like me is not needed there, but I can't even participate in the IPO if chanced...😊

deathwing:
Nigerian oil companies are also becoming gas giants. Seplats Q1 results were bolstered almost entirely by the gas business since they did not benefit from the oil price windfall.

Aradel is fast scaling its gas business while trying to pump as much oil as possible.

Qatar’s NLNG almost-monopoly (20% of world total) would take years to rebuild and companies like Aradel and Seplat are ready to benefit from the scarcity and hike in international prices. NLNG just completed their train 7 and gave already positioned themselves. Whoever sees Aradel as an ‘oil company’ is not looking at the future of global energy.

Thanks for this.
Even if war should end today, what about the damages done already?
Peter, can it be fixed today as well?
Even if oil should crash, is it within a week that everything will take U-shape?

Also, those advocating "crash" forgot that Dangote Refinery is also there?
Peterichy come answer for yourself o 🥹

Sometimes, all those sugar-coated news are just after selling their news....

PETERiCHY:
A BIRD at HAND is WORTH 2million in the BUSH- African Proverb

BARGAIN HUNTERS TAKE NOTE!

So what happened to your circa N100?
Or you just wake up and type whatever comes to your mind?
You may still end up pursuing the stock at your same circa 100, you sabi pursue Molue 😁

nosa2:
The journey has just begun

I don't see ARADEL's transactions as crashing but as earlier heavy cross deals, at least so far....
The market is still retailers market for now from my observation.....
The release of the results may change the game again.....
Q2 is almost over and they are expected to have made massive gains for Q2..
I may be wrong but results will clear things.

The cross deals attached....in billions of Naira..

PETERiCHY:
Agba so you are laughing at those of us trapped in OANDO..

Well Wale is synonymous with forward looking statement, let alone now that oil prices is tanking.

From the look of things OANDO is heading back to circa #45

BARGAIN HUNTERS TAKE NOTE!

You will sha not stay in one place with your jumping in and out.......
If another news comes up tomorrow again you rush in....
Has Iran replied?
Na wa for you o 😁

essentialone:
https://doclib.ngxgroup.com/Financial_NewsDocs/47174_OANDO_PLC-OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_JUNE_2026.pdf

Oando is tired of giving new dates for the release of their Report.

This time, they say it is till Further Notice...

I think the results are beyond OANDO's jurisdiction for now.....
The Financial Reporting Council is the one delaying the result according to the Press Release.

Agbalowomeri:
Lol see volume offload today
Na Nosa handwork be that

I tire for that ACCESS
Only God knows where Dem dey ship the kayas out from...... whether na Pacific or Atlantic Ocean 😁
Its case na that of patient dog lol

kintus:
AIICO see your friend - CONHALLPLC crawling to a double digit oh.....

Friend abi Junior Brother?
CORNERST also on my mind now.....a double digit stock as well...
Attained all time high of N9.37...
Will retest this in near future..
Only time will tell.....

NB: Not any form of buy/sell

missuzoma:
People wey sabi, abeg where is Aradel heading to? I don't want to lose money anyhow.

From the look of things, there's massive accumulations here, huge billions involved......someone offloading to another in huge Cross Deals.....

The buyer may know what we don't know and the seller may have made enough profits so as to sell to further stock holder....
This one is not shell, na stock 😊

I think patience is required and whosoever cannot stand the heat should leave the kitchen....
Issa simple stuff.

ARADEL
Meanwhile, this Cross Dealer never done?
Me I wan commot my 10units @2k+ o....
Make Dem do quick.....😁

ACCESS:
It's looking like Access is now in accumulation stage.....IMO

Osita what's TA saying?

Agbalowomeri:
Hmmmmm aligning with CUSTODIAN
One to watch

Custodian or Cornerstone?
Both are good to have or keep on one's radar actually....
For me Custodian has gone up and still needed more fuel but CORNERST is undervalued @CP in my layman's opinion....

Considering the jump in profit in Q3, I think Cornerstone is still a buy @CP....
This is a 2 digit stock if delivering Q-on-Q...

We see how the scheme of arrangement goes.......May possibly be favourable....
*Note the "May", make nobody come for me if otherwise (most unlikely sha) 😁

Bukkydudu:
Please, I need advice on how to resolve an issue regarding my daughter's Transcorp shares.
My daughter owns 1,000 units of Transcorp Plc shares. About two years ago, we stopped receiving dividend payments, so I contacted the Registrar, who informed me that the shares had been sold. However, I did not authorize or execute any sale of these shares.
To verify the status of the shares, I contacted CSCS, and they confirmed that the 1,000 units are still in my daughter's account. When I later decided to sell the shares, I encountered more challenges. African Prudential stated that my daughter does not have any shares, while my stockbroker's records still show that she owns the 1,000 units.
At this point, I am confused because I am receiving conflicting information from different parties. Has anyone experienced a similar issue before? What steps should I take to resolve this matter and establish the true status of the shares?
I would appreciate any guidance or advice. Thank you. :::

Request for a copy of her CSCS statement from the broker or from CSCS to clear the doubt.
* Dont forget that TRANSCORP did 1:4 reconstruction sometimes ago......meaning the quantity might have reduced to 250units (if you're referring to qty b/4 reconstruction)
* Also note that if you're requesting for a copy of her CSCS statement from CSCS, it comes with fee payment.
* Remember, what you have in your portfolio might not be total stocks or quantities you have for any particular stock..... CSCS statement takes priority over your trading portfolio.

NIIRA: CORNERST TRANSITING TO HOLDCO COMPANY

https://nairametrics.com/2026/06/11/niira-cornerstone-insurance-begins-split-of-life-and-general-insurance-businesses/

https://doclib.ngxgroup.com/Financial_NewsDocs/47152_CORNERSTONE_INSURANCE_PLC-ANNOUNCEMENT_OF_THE_SCHEME_OF_ARRANGEMENT__CORPORATE_ACTIONS_JUNE_2026.pdf

aj8:
@yMcy56, the stagnancy is the market’s current interpretation of the company’s worth.
Some notable issues
1. OS is 13.8b but the weighted average was used in the calculation of the EPS for both the end of the year 2025 and Q1 2026
2. Premium fell significantly in Q1
3. The forecast for Q2 as provided by the company headed south
4. Cash dropped significantly
5. The general “COVID” affecting mostly the low-cap insurance firms, probably a reflection of how we all view insurance here in Nigeria..” If you must use insurance, play with the big caps to avoid long grammar etc. “
6. Etc still plenty.

However Common Sense based on an average of 4 is as follows ( market doesn't trust the weighted average I guess)
So let's compute based on the OS out there for now.

OS= 13,866,666,666.00 NGX
Q1 2026 = 1, 535, 227 bill approx
EPS based on above = 1,535,227/13,866,666,666.00
=0.11
X 4 =0.44
X4 again = 1.76

Until there is some clarity around the OS now and in the future viz a viz recap status…..

That’s where the market seems to be for now.

Let’s look towards Q2

Thanks and thanks for your time Sir. 🙌

When they announce their Recap plan, it may likely start getting attention by then.
In my opinion , I dont see it going below 1.50/1.60 all things being equal

KarlTom:
Have the whales come for OandO?

20M bids Vs 5M offers.....
New RI request submitted to SEC.....
If there's no stumbling block, they should move the price above the RI price first...

Hope the MM will be able to move pass profit takers......because they kept dragging it down as it's moving up.....
Touched 53.95 before they dragged it down again.....
Let's see how much it closes..

* Someone mentioned that OANDO will trade higher in 3 digits by June ending...
We see how true or false this is.....

** Closing Price: 50!
No be small thing.....
Peter and Co won't allow this stock rest...
We go again tomorrow, God willing....😊

ARADEL in N13bn+ deals today.....
We are watching what's up here..... uploading or downloading..😊

deathwing:
You are seeing the crossdeal as a BUY, meanwhile others are probably wondering why someone is offloading so much at once.

You're right.
One party will be right at the end of the day...

* Meanwhile FBNH @69! 😊
* ACCESS crossed Km25.......@25.20 as at now

FBNH don dey climb small small 😊
N1T Cap base must be achieved anyhow anyhow...

Oga Aj8, what's with this VERITASKAP stagnancy self?
Pls sir what's the new common sense target...😊

ARADEL: Why are retailers selling, when they'll again start pursuing at high price?
Can't they see the heavy cross deals?

ACCESS don waka slowly back to 25....
All the way from sub 24.....😊

isaacosas01:
Lol - Egungun be careful na express you dey go

You know, I didn't just mention it here, I knowingly avoided it so they don't say I'm blaming someone for selling early....
It was a comment here concerning results that made me to sell my IEI prematurely....
Now see it at 8.77 today!

Sometimes, one will just take some risks/gambles that may eventually pay off...😊

** That's how CHI PLC has been paying off till today......
Not only a gamble but has also turned to a solid insurance company now....
Never say never in this market.....
* CHI should attain double digit....all things being equal....

FBNH
First Holdco secure shareholders approval to raise capital-base to N1T (One Trillion Naira)

https://www.premiumtimesng.com/business/business-news/883649-firstholdco-secures-shareholder-approval-for-%E2%82%A61-trillion-capital-base.html

Umehj88:
E be like I quick jump out of this bus ooo

You can make use of the Public Offer opportunity @3.20
Closing on 11th June, 2026

Oasisblue:
Serious money pouring into Aradel. Almost 9 billion Naira in just 10 mins of trading.

Huge cross deals @1690.40....

Agbalowomeri:
FCMB is twin to ACCESS

Lol.
I just know/blvd that one event will happen that will let both catch up with their former twin bros. 😊

FCMB
With Abbeybids doing 10.25 full bid with just news alone, FCMB is not expected to continue to sit at circa 11/12 if village people is not reasoning its case ...


As at now in market....

FCMB Corporate Action:
Final Dividend: 0.35k
QD: 15th June 2026
PD: 30th June 2026

https://doclib.ngxgroup.com/Financial_NewsDocs/47133_FCMB_GROUP_PLC-FCMB_GROUP_PLC_-CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACTIONS_JUNE_2026.pdf

AFS 2025
https://doclib.ngxgroup.com/Financial_NewsDocs/47129_FCMB_GROUP_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JUNE_2026.pdf

Q1 2026
https://doclib.ngxgroup.com/Financial_NewsDocs/47130_FCMB_GROUP_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JUNE_2026.pdf

PETERiCHY:
Don't miss out on those 3 VIP STOCKS

DON'T SAY YOU WERE NOT INFORMED,

BARGAIN HUNTERS TAKE NOTE!

Thought you sold in MAY and went away already.....to come back in November

ayobama1:
I have these 3 stocks and would like to consolidate them into just 1. Which would you advise me to keep, please
1. Etranzact
2. CWG
3. IMG
Thank you

Understand that each stock has its own time and may spring surprise at anytime...
However, if it's a choice of picking one out of the 3, then I'll pick CWG.
I hope you're a long termer anyway..