₦airaland Forum

One customer bank, where is your result ooo?

megawealth01:
If only South Africa will allow my MTN sha. I bought it first time with the price of AIRTEL in mind

MTN NG you mean?

With data residency now a big deal, atleast across other continents. MTN is now a cloud-base provider for Africa of which I am looking at chopping their salary and dividend(inshallah) 😁.

If they successfully onboard clients on the B2B level across Africa, this will be massive. The new money of the world is in data. I expect them to start to lobby governments(in Africa).


Now that we have seen revenue, they will find another fault🤣🤭 in that company..

KarlTom:
Heirs Energy is the real cash cow but, just like Adenuga's Conoil, I doubt TOE😎 will list it...

Private investment. Access to OML . Man is sitting pretty on that. Heirs is that "family business"

megawealth01:
No worry Ote$ go price TRANSCORP

With all the "free money" flying around in the agric space, he doesn't want to bring the Agric sector of Transcorp on stream?

"He no know say na food we go chop and not AFRICAPITALISM"
🤣

jonnysessy:
That MTN is on full bid. If it reaches N500, I will sell my holding and keep my loot till I will know what to buy with it. 😁😆😅🤣

You can't be below 35 or even 40 and wishing to sell off MTN. Like why?... except....

All the pros and cons for ELLAH baby are valid. We know tech start-ups that folded up after one year of opening shop even with a $95m grant .

However, why should the baby fail? The daddies are doing circa 900-1000. Where I expect OANDO to be trading. In fact, its failure only brings it closer to the daddies .

For Transcorp, if uncle Tee snooze, he loose. If only the Crusader can invade his shareholding structure again so he can wake up again.



In essence, KNOW WHAT YOU OWN!
DD x DYOR

GeneralDae:
https://www.thecable.ng/breaking-aliko-dangote-retires-as-dangote-cement-chairman-to-focus-on-refinery-business/

Baba don roll-up sleeves.
🤣🤣

mikeapollo:
His shareholding (with directors, co-promoters) in Oando was about 70% or more but it will be reduced with the share redistribution exercise.
It may still be reduced further if he does not take a chunk of the shares in the new public offer and debt-equity conversion

This man will definitely Ote$ this stock.🤣🤣🤣

megawealth01:
He should peg it at 120 or NOTHING

That stock is at the mercy of big Uncle Wale. Technically, there's two walls at 75 and 80. It will take only uncle to break that barrier. What is his shareholding % again?

megawealth01:
WALE thanks for what you do at least I got something worth while these past days...

Let's see if it will go up more or we set another trap to load at another lows opportunities...

Oando full bid finally

This bus, the day someone will JO, you might have to meet it at border town, Yobe while connecting through MMIA terminal 2
😂😂

mikeapollo:
Can you provide some more clarity?. I intend using them (Stanbic IBTC Brokers) for my investment in money market and fixed income securities

They were not efficient(at the time I used it) in settling sales. Missed out on opportunities waiting for proceeds to hit my wallet. + higher commission.

If you're going to be doing a jump in and jump out within a week avoid them. I don't know if it has changed(don't intend to find out either), but they are my go-to for long term holds and any other form of investment.

drstranged:
Hi. Does anyone have any experience with Stanbic IBTC brokers?

If you want to be a trader avoid them. Anything else, all clear.

Oasisblue:
A real headscratcher. Does it mean the actual price of this stock is around 400 Naira?

OANDO and Aradel should be swapping prices.
🙄🙄

It is all about time and season. Cheers to the next days of wealth transfer. This one is getting concluded.

But watch out for the bank end ing with a trackback. Don't mention, so there will be no unnecessary rush.

Ginalex:
Dangsugar ... Finally the red has left husby's account 🥂🤗

This una marriage they sweet oo. Oga dey find steady inflow, you dey manage portfolio. See combo!!
Intentional couple. Nice one!

I wish both of you early retirement from active work!

ojeysky:
but it was just a cross deal not new injection of funds na why will OTEDOLA want to buy more if he has achieved his destination. As for me, na make Ellah do normal make i fit up my game in Access before it goes to where i no know

Hence, my timeframe.

As for Access. 100% from current levels to 2030!

DD

Agbalowomeri:
He go wound na
Unless he wan use depositors money

See this context:

Ote$ is worth 10x whatever he was prior to this administration.

With the reveal on FirstBank, that makes 2 banks on a guaranteed 40% return btwn current levels and FY25..



Be the whale, maybe a shark, but never the mackerel.

DD

MTN and Transcorp vision 2030.

Award of Violence Extraordinaire for friday goes to 🥁🥁

.... Ymcy56

🤣🤣

Just been laughing really hard at your commentaries...

presiade:
Great! That’s what I want to hear, and yes, I always add identifiers (trading account number and my full name) to my transfers. Thank you for the info.

But still only with an account associated to me though. Not sure of third parties oo🙃

presiade:
Thank you! I know deposits from third-party accounts aren’t allowed, what I’m not sure of is if they allow me to send funds from one of my other bank accounts that’s not associated with my trading account with them. from fr

I've done this, but I attached a unique identifier as a remark(to be safe). Maybe e-mail or trading account no.

Locotrader:
Or commercial papers.
My next line of action

This too, but maybe 50% of the 50%. Me I no wan hear default oo as these commercial papers are not secured and flying everywhere and depends on the status of the issuing company. But still risky when compared to Fixed income.

megawealth01:
He might still prefer to keep all in stocks

Can't you see he's already scared of the market

Peace is paramount at this point.
🤣🤣🤣

Investcom:
Ive sold bro.

My profits are massive.

Let me channel the money into the real assets which is REAL ESTATE. Land

Beyond the joke, if the profits are quite massive, you should consider sending half to Fixed income assets.

Investcom:
Hello guys the gains on the NGx are just to scarry.

Ive sold off o . Congratulations to me.

Finally can say l get real profit as against paper profit.

mikeapollo:
Are you fully content? Don't you need more money?
Even Dangote still dey find money

🤣🤣🤣

I noticed the NGXGroup was leading the inflow race in the morning(still not at 1b with that speed). The banks came in after lunch .

Fundlocator:
Dear Sir/Ma?am,

We are delighted to welcome the Mayor of London, Sir. Sadiq Khan to Nigerian Exchange Group Plc (NGX Group). The event, which will bring together senior UK officials, CEOs of listed companies, key market stakeholders and our regulator, will explore opportunities to foster stronger collaboration and economic ties between the Nigerian and London capital markets.
To mark this significant occasion, the Mayor of London will be honored with a Closing Gong Ceremony. Please see details of the event below:

Date Tuesday, 15 July 2025
Time 1:45 pm WAT
Venue Nigerian Exchange Group House, 2-4 Customs Street, Marina, Lagos (8th Floor - Trading Floor)

We look forward to welcoming you to the Exchange for what promises to be an impactful and memorable engagement.

Best Regards


There are some publicity Stunt coming up for the NGX in general Brace up!

Read between the lines!

Took them two years(to carefully arrange themselves) before inviting them and finally agreeing with the Egyptian's way.
Meanwhile, the other guy was able to have that meetings prior to the election.

We now know who is the real businessman with better social capital.

ADC for the stock market(that's my own interest oo)🤣

A bitcoin investor just moved a 14 years investment which is now worth $1.1b from an initial investment of $7.8k.

Whale moves
Happy retirement!

EDUECO:
Revenue is almost 37 billion Naira

Profit Before Tax is almost 14 billion Naira

Cost of Revenue is around 23 billion Naira .

Cost of Revenue is almost 65 percentage of Revenue

Profit After Tax is 1.6 Billion Naira.

Management is the most important element in any company.

It is either the management of the above company is clueless or corrupt..

You have not come to terms with the cost of doing business since the "subsidy is gone" statement and free floating of naira. See you at DD.

Mankind2024:
"Given the current economic climate, it appears that Southerners are bearing the brunt of taxation."

This is where the new VAT cum revenue distribution comes in to pacify zones for their "hardwork" and lack of it.

The parable of the Master and the servants with talents comes to mind.

unite4real:
The rate is not flat. It is based on your income..will be treated as personal income tax amd na from 7 to 24%.

The above is for individual investors.

You go fear corporate organization own na

If we should apply the PIT, then that puts the percentage at 21-25% as below 10m is tax free for CGT?

Agbalowomeri:
Are they effecting the capital gain tax? At what percentage?

Yes they are. Excerpts from the CGT section:

".........will not be charged if:
The sale proceeds are less than ₦150 million, and the chargeable gain does not exceed ₦10 million within 12 consecutive months."

As for the percentage, I'm not too sure.