₦airaland Forum

yMcy56:
Lol...
Ok. Thanks sir.
So TA already captured what's happening now in market......and we can say the next bus-stop is N5.....
I've seen this junction as the next target from some analysts too....
We keep watching how the whole thing unfolds then.....

Agbalowomeri:
Preventing further rise is still subsidy Lol

yMcy56:
President Tinubu is considering temporary subsidy on petrol.......
Guess this is in order .....it will help alleviate people's sufferings....

https://www.nairaland.com/7804378/tinubu-considering-temporary-subsidy-petrol

YoungBuffet:
Stories! Whatever you get on those per share is not up to 0.40$ and the stock that has done around 300% is going to $10 which is around 3000% that is just a stock in my portfolio and am also withdrawing my gain at almost 900/1$ so dey play😂😂😂😂😄

kolaish:
https://doclib.ngxgroup.com/Financial_NewsDocs/39209_PRESCO_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/39210_PRESCO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

good Q1. eps 996k as against 589k.
Q2 eps of 1508k against 1347k

above results is good enough to sustain the price of Presco when suspension is lifted on trading.

toyeoye:
We need the oracle!!!

locodemy:
Brewery companies are in for a very tough year.

This one Guiness result dey shame me to post, how IB result go dey eeeeh!

emmanuelewumi:
Although if you sell your Fidelity Bank shares at today price of N8.45k and use the fund buy a 20 years FGN bonds. The Investment will give you an investment income of 730k per annum for the next 20 years, which you can reinvest in shares

But you need to know that the income is fixed, unlike dividends and rents that can be increased

Mfunkynation:
Access lead the Northern agenda last week,
but leading the Southern propaganda this day

Harvestock01:
https://www.vanguardngr.com/2023/07/etranzact-processes-over-n50trn-transactions-assures-shareholders-on-regional-dominance/

A N10 per share stock with EPS of N0.16. Issorite

debeey87:
You remove subsidy and free up more cash. Instead of investing them in critical infrastructure to better the lives of the citizenry, you decide to share the largesse among the tiers of govt where a lot of it will get looted and in turn put more pressure on your FX. It can only get interesting

Marketapprentic:
Also Chams don enter full bid but Japaul still on 90 mil full offer

Yoast:
Access Bank literally dragged the market out of bear today....

At some point, even GTCO was on full offer and many other big names undecided...

Well done Access Bank

Yoast:
https://businessday.ng/business-economy/article/more-money-for-real-sector-as-cbn-slashes-crr/

Hogwarthtrades:
would be interested in NNPCL & Dangote refinery [ thinking aloud here; will be interesting to see how Dangote merge the energy, oil and gas , & construction hub of the company for listing purpose. He can't let the construction arm go to waste. else , he defers to Dantata &Sawoe as partnership..] whenever they come on board, will love to get some ..probably bit and pieces acquisition approach during and post euphoria over time.

Toboi:
https://www.reuters.com/markets/deals/stanchart-sell-sub-saharan-africa-business-access-bank-2023-07-14/

Coolcash1:
Not anytime soon as some serious housekeeping needs to be done on its books. At minimum may be next two years.

Ades1:
Though I hold some Presco, this suspension was necessary!! How can they possibly justify their non reporting by now? Hopefully their is no mago mago going on

otokx:
Is the rain affecting connection like DSTV?

seyisanya:
It's NGX not Morgan Capital.

chimex38:
Sterling Kwa!!!!

https://businessday.ng/markets/article/geregu-sterling-make-ngx-30-index-after-review-of-half-year-market-indices/

Deadlytruth:
E-Transact at @10.35 is the Eighth Wonder of The World. What SA can't do on NSE doesn't exist.