₦airaland Forum

For those posting long long articles, kindly spare us the troubles of scrolling endlessly by posting the links and just few lines of the article(s).
For the Mecure Oga, also note pls.
Thank you.

SOVEREIGN TRUST
Proposed dividend: 5kobo
A good one from STI
https://doclib.ngxgroup.com/Financial_NewsDocs/44202_SOVEREIGN_TRUST_INSURANCE_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JUNE_2025.pdf

CORONATION WAPIC
https://doclib.ngxgroup.com/Financial_NewsDocs/44201_CORONATION_INSURANCE_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JUNE_2025.pdf

Streetinvestor2:
I don't have this stock again. Just check if they want to adopt the style of thr parent company before they delisted. I don't bother myself any company results wa interest no dey.

NNFM is a capital appreciation stock which is not really dividend investor friendly.
Someone talked about dumping it because of the low final dividend declared, I dont think it's going to fall much lower as expected.
An interim of 0.50k was paid btw.
Aside been a profit making company, it's still one of the stocks with the lowest OS on the exchange......and out of the 178.2million total OS, about 67+% was domiciled with the substantial shareholders.
Huge volumes aren't available in public space.
I also don't think heavy holders will be ready to dump it except MM came dropping the price so as to buy more at cheaper price.
Only retailers with tiny fractions may be selling.
This is purely my opinion anyway.
We see how it fares in market.

Agbalowomeri:
Wahala be like.....

Had to go and read my post again
How e come dey do you Oga Agba?.....you wan turn to Agbaya finish o 😁

@Streetinvestor2
Well done for those perspectives.

Despite that the result never drop, we still dey read plenty posts on OANDO, when result(s) come drop nko?
Whatever professional explanations made, we still know the reality will play out and favour shareholders.

If people can be singing Tony's praise today, then it's a matter of time for Wale...
We shouldn't forget that AGIP financials is going to be incorporated in OANDO financials since it's 100% acquisition.
God sparing our lifes, we'll all see how everything turns out in the short to medium to long run.
Make everyone go and fokanbale.......one of the two parties will be right or wrong eventually.

Thanks Loco for your solidarity this time around. Lol.

Agbalowomeri:
They have already seen it

Lol. Maybe they interpreted it upside down.....

Besides, the volumes that panic sold was not much, a paltry 4.8M units all thru...,.for both buy and sell self!
So total sold was just 2.4M
Where person for fear be say, if those hefty people came dumping.......but heavy shareholders didn't sell...

In fact throughout the market session today, bids were more than offers with retailers sighted selling.

Wale made sure no insider saw the result prior to release from the look of things, just like Street said.

Agbalowomeri:

Dem say person get 1 billion units to sell una think say na joke. Na that insider boy talk am o

Na where you dey hide to strike be that? Lol
That your 120 junction fit no work sha.

Streetinvestor2:
I was wondering say u never show face today as per 30th.
Some are waiting to get back thr own pound of flesh from people like me.The god of oando will disappoint them...lol
Na god with small letter I talk oh

Ameeeen 😁
Wale shebi

Streetinvestor2:
I was wondering say u never show face today as per 30th

Na to say make OANDO no pursue me for here oo
Na so so refreshing I dey do for NGX website 😁
.....but we are hopeful say na fantastic results dem go release....
All those panic sellers go still come enter at high price. 🙊
Q1 2025 should perform the magic hopefully

Utalinmou:
Please is there any news on cutix plc

https://doclib.ngxgroup.com/Financial_NewsDocs/44192_CUTIX_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2025.pdf

By the way, how many people don refresh NGX website for more than 20x today checking for O&O results?
Make Una raise up your hand ✋☝️
Chai!! OANDO abeg no fall our hand ooo
The laugh go too plenty from your "enemies" 🥺

The panic sellers were seeing in market today, probably because there's still no info yet.......but na for evening or night those evil workers go upload am

ARADEL
The seller is in market today again....
He will sha finish selling one day and allow the stock breathe....

Streetinvestor2:
We go hammer for sugar soon.When the time comes salt will not see sugar back.Alhaji knows what game he is playing with sugar

I also sense some games ongoing there too.....
Let's keep watching what Alhaji is up to....
One thing I know is that, he can also see what other GMDs are doing, maybe waiting for the right to strike too...
We wait and see..

The type of bids in Nascon though!

* LIVESTOCK on full bid @9.15..
Wetin dey happen here?
* MBENEFIT on full bid @1.10...
* FIDELITY @19.60 so far.... 19.70.....

Chai!! Agba don miss this bus...... 🥺
Even if he no miss am, he no go kuku give me anything from it.... 😁

Xidget:
NASCON just dey do slow and steady. All these people just dey queue up everyday instead of make them clear up these small offers.

@59.50 officially.... as at now

NB heavy cross dealers also in market today....
By the time Dem go move this NB, e fit loud...

Xidget:
DANGSUGAR

You're right.
It's Dangote Sugar.
My instincts just flashing it. Na my instincts I talk o, don't know if it's right or wrong.....but it's under watch sha.
..... and if I say my instincts, part of it is checking the results and sighting some positive vibes.

Cc: Umej88

DD advised pls.

Btw, bot deleted Oga Emma's post on Michael Ojo Ade. Sorry sir.

SEPLAT officially down with -10%.. ..

Honeywell in some drink water @22.65/22.75.....profit takers at work.......after pullback, it will resume the journey....
Hopefully it can move like NNFM small

FIDELITY @19.10.....
Fidelity where are thy accusers?

We are awaiting Oando results by tomorrow Friday according to the document uploaded on NGX...... all things being equal......

There's one other stock on watchlist now....
A popular stock that has disappointed many here..
Maybe the time to compensate is approaching who knows...

Sept 01, 2021 post....

yMcy56:
Honeywell
* Honeywell was valued at N7.33 book value.........safe margin ...
* Investdata valued it @N12 based on current performance and near future value......
Analysts outside the country valued it at around 30......
This could be some of the reasons driving the share price of Honeywell..........in addition to a rumour likely going around........

https://www.google.com/url?sa=t&source=web&rct=j&url=https://investdata.com.ng/honeywell-flour-2021q1-high-margin-as-profit-growth-supports-hope-of-future-dividends/&ved=2ahUKEwij9Ij99N3yAhWwxIUKHWX6AZUQFnoECAwQAQ&usg=AOvVaw1WhTQuBYrtS5G3aybrWLEj

https://independent.ng/what-is-influencing-the-very-high-valuation-of-honeywell/
** Just for info purpose**
Cc: Locodemy

Loco how far with Honeywell?
Thank God you've moved on anyway.....

Feb 13, 2025

yMcy56:
Honeywell
One of the Jackpot stocks of the year.....😁
Free float is less than 1bn, around 856M by my calculations.....
By this FYE, we'll know the true position again.......

@23.10 Full bid...

** Not any form of advice....Don't take my words for it......DD applies** 😊

Agbalowomeri:
Where he see money

The man na Abowonle o.
Has a wealthy father and also very wealthy.
Elizade Motors readily come to mind at the mention of Ade-Ojo

Ginalex:
Please what is SAHCO's ticker on NGX?

SKYAVN
Skyway Aviation

Amaa2019:
pls how do you guys fund your atlass accts? I registered with them yesterday and transferred money into their clients acct as instructed but my trading account is still not funded. I have some buy order to place this morning.

Follow up with a phone call

Agbalowomeri:
More like 16

I know you won't like the reversal up sir. 😁
The bids are increasing more and more....

otokx:
Your attached document is saying something else, i see it finishing below 17.5 today.

The document was as at the time I screenshot it......
Check the bids and offers yourself now....
It's trading @18.50 as at now......
With over 63M bids against 21M offers...

**Not any form of advice**

FIDELITYBK in market......
More bids surfacing......
@18.30 as at now.....

Who are those on bid table?
Who are those buying?

johndal:
..I want enlightenment......

** Is it only if I hold my stock for long I will be entitled to dividends or even when I hold for a short period of time
Ans:
-NO. Either you hold for long or for short has nothing to do with being entitled to dividend.
- In as much as you HOLD a stock BEFORE QUALIFICATION DATE set by each company, you will get the dividend.
- So, either you buy just a day or 3 days before qualification date and sell on the "MARKDOWN" date (a day after the qualification date), you will be paid.

** Then when do company normally pay out dividends
Ans:
- It can be find on each company's released "Corporate Action" document officially released on NGX Corporate Disclosure here:
https://ngxgroup.com/exchange/data/corporate-disclosures/

Example: https://doclib.ngxgroup.com/Financial_NewsDocs/43460_BETA_GLASS_PLC-CORPORATE_ACTION_ANNOUNCEMENT_FOR_BETA_GLASS_PLC_CORPORATE_ACTIONS_MAY_2025.pdf

** If I'm not getting dividends what can I do
Ans: Register here:
https://docuhub3.nibss-plc.com.ng/edmms/self-service

**NB: @HesInMe already did justice to your inquiry too

In another news, there's huge bids in Wapco with around 6.5m in Cross deals @79......
Cross deal increased to around 12M units...
Any update on Holcim's plan to sell stakes to Huaxin cement?

Picky1:
In other climes these type of issues are resolved carefully and quickly but naija.....
They should not let this FIDELITY issue bring down the whole NGX o!

I want to believe that, it's a matter of the more you look, the less you see....
Those guys understood themselves up there...
The thing is, let Fidelity do them "normal" and we'll hear a twist to the whole story.
Who get Court, who dey judge for the court?

Despite the whole story, over 98m units has exchanged hands so far....
Who are those buying?
Maybe some top ogas needed the stock at cheap price before the ship will sail again...
Let's be watching their drama....
The lower they drag the price, the better the bargain it presents...

Ginalex:
The money entering NB ehn

NB @60 with hefty cross deals... ..

VFD on the other hand, what's happening?
Is this due to the change to the Board?
Hopefully the new board will sit up and be more active....
Besides, it's attractive at any price from 15 and below anyway..

freeman67:
SFSREIT is there on the premium board of NGX. Scroll down to the last part or select premium board if you using something using Morgan Capital.

SFSREIT is on "REITCEF"

Harvestock01:
That swing is wild and furious

From full bid to full offer...
From full offer to full bid......
Then, with offers and bids......

One thing is: TANTALIZER is also in consumer goods and moving into agriculture, it has prospect in my view.

* Meanwhile, NASCON has been getting attention today.....bids outweigh offers..
Maybe this will rub off on DS
* CUSTODIAN with heavy volumes in cross deals at 19.70

What's happening in TANTALIZER?
Who's this person with heavy volume self?
Whatever be the case, TANTALIZER remains a stock with prospect in this market.....
Medium to long term outlook is bright.....
The more he's distributing, the more people are picking.....
We don't know if its bonanza yet.........or a plan to make holders bring out their shares sohe can accumulate more....