₦airaland Forum

222Martins:
When i cautioned people to look beyond cheerleading stocks that generate excitement, i guess they will understand now....Why waste your time in DS/NS and co when lots of solid stocks are on offer?.....Those in OANDO are hereby advised to sleep with one eye open.

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/40927_TRANSCORP_POWER_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Bluntemperor:
Don't be confused and don't confuse others!
Which GEJ are you talking about and why can't he go ahead to do what he wanted- as a President?
Does GEJ have opinions of his own and he was too loose not to stand,as Mrs Dezani becomes the dictate,yet stealing uncontrollably like the Umaru Dikko, under Shehu Shagari- Era!
Stop blaming others for your weaknesses!

Lizzysamuel:
You mean the refinery they promised us would come up almost a month ago?

You guys called PDP evil party and shouted GEJ must go when diesel was 250.

But you're here celebrating N1000 and you call yourselves patriotic NIGERIANs? Lmao

thebargainhunte:
I expect stability either today or tomorrow

aremso:
On FOXO I knew it will go down since it go down since is yet to brake resistance of 0.45 and most likely it will gap down to previous support of 0.25 which it did yesterday and started moving up again. At 0.25+ it was loosing 10% but closed at 5.93% so it will move if their management released press statement or even their q4 2023 it will move for KTRA since it has already done 120% gap up when the news of merger came so they will surely Short it until they are tired by q3 when they finalize their merger it will move. For those that took CGC with me last year it delivered over 180% when it moved from 0.38 to 1.07% was even out before they did their RS. For tilray if they don't produce results that is close to their OS that stock goin no we have left it since. I prefer health sector from day one because no matter what they will have one catalyst or the other that will push them. Clinical trials, FDA approval, Cancer drug success(this can give 2000% gain) Merger or outright sale. So health sector have catalyst that will always push them. FOXO is under health sector and wants to use AI in their operations so is a sleeping giant

yok:
LET US BE READY FOR A TOUGHER MARKET
The unexpected has happened, inflation has won the fight against rate cut expectation.

https://www.investing.com/news/economy/powell-says-recent-inflation-data-point-to-need-to-keep-rates-higher-for-longer-3380757


At a time like this quality of our stocks matter. It is very unfortunate that we will see more people being washed out of the market. So expect some people to become quiet, some people that you see that have made comments may not be able to make comment aga, due to dicipation of their trading capital

Agbalowomeri:
Collect dividend
Chop haircut

ositadima1:
It's as if they are looking towards foreign investments. I think that may be reasonable, because the 500 billion to be raised was likely due to having subsidiaries outside Nigeria. I don't really know what I'm talking about, so don't take me too seriously.

ositadima1:
That is your own interpretation after adding your own salt and pepper to it.

thebargainhunte:
Merger may take place early next year or late this year, this is purely assumption.

ositadima1:
"Increase authorized share capital: The company proposes to increase its authorized share capital from ₦14.7 billion to ₦22.2 billion by creating 15 billion new ordinary shares."

Effectively, the OS moved from 29 billion to 44 billion. Remember that the fantastic profit after tax (PAT) recorded in 2023 resulted in earnings per share (EPS) of 18, up from 5.95 in 2022, but this may not be sustainable. Assuming GTCO maintains the same PAT, the EPS would drop from 18 to 12, which I think would have a significant effect on current shareholders.

This is not conclusive, I am just thinking aloud o.

ositadima1:
You are two, you and big Sister, now your mother is birthing another child.

Personally, I would be worried because I would have to share that sweet pap and akara with a new arrival. ;

SonofElElyonRet:
https://punchng.com/investor-injects-fresh-funds-into-ellah-lakes/

Some Ellah news

unite4real:
from the dividend, then this one.

chai!!!

ositadima1:
Do you understand now?

In Mohbad voice from the song Egwu, "Music no need permission to enter your spirit,

Aiye iye, aiye iye,
Ooh-ooh, ooh"

vacanci:
Grossly undervalued but they are too stingy with dividends.

aremso:
Take note of this stock:

KTRA, they are margin with another company, the price is low at this current level in my own view. I mentioned FREQ here when they wanted to merge with korro and after the merger and RS, post merger and RS price was $14+ the stock moved from 14$ to $34 I pulled out at 34$ from 34 it gradually moved to 98$ if I had known I would have not sold. Same will likely repeat it self on KTRA

For those who wants to confirm post FREQ merger ticker name, is KORRO Bio


Your DD applies

yMcy56:
It's on EQUITY section of NGX (directy above NNFM, below NGX GROUP)
An Infrastructural debt fund currently at N114

https://ngxgroup.com/first-naira-denominated-infrastructure-fund-nidf-lists-on-ngx/

KarlTom:
If you mean the proposed DIV, it's 50k.

Anyway let's wait for the corporate action/disclosure...

KarlTom:
See Wema o
Very impressive!

https://doclib.ngxgroup.com/Financial_NewsDocs/40841_WEMA_BANK_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

ositadima1:
I appreciate your optimism, but life is not all tulips and roses. The manner in which the CBN is proceeding will dilute the current shareholders' funds. So, my question is, as the current shareholders, should we sell, wait for a dip before re-entering, or hold and hope for tulips and roses?

emmanuelewumi:
What is our GDP growth?

A growth of 20% from any business for 5 consecutive years is awesome.

100% is asking for too much

yMcy56:
UNITY on full bid @2.27.....

BabsO2:
That will be okay (but on high side). In view of the fact that they still have a lot of subsidiaries yearning for cash injection to unleash growth.

Transcorp should be seen as a growth stock and not a cash cow dividend stock.

I use these thoughts to balance my expectations on dividends from Transcorp.