₦airaland Forum

SpaceX:
They doubted me at First until I introduce one of the them to wale via video call and then he froze in shock When I say something I mean it!! I couldn't help but laugh all through..

Come SpaceX, you stormed out of this place claiming that we will come and beg you to come back.
When we didn't come, you started missing us and returned on your own like a penitant runaway wife.

Yet now, you've started this your nuisance thing again.

This man in your photo is not Wale but Bishop Adegboye declaring blessings on one of his faithfuls.

So what's your next antic? Will you bring Onyakhilome here one day and tell us that he is Elon Musk?
Afterall you call yourself SpaceX.

Why are you looking for our vawulence?

Streetinvestor2:
Lol.i am still wondering how a moniker can be as old as nairaland but has been on ghost mode..Bros we are talking of 20 yrs registered moniker. Have you seen any other handle as old as that here.This was the yr nairaland was created oh.

Well, the day I checked, after registration, he started posting enquiries on the immigration and travelling thread. I beleive he travelled out and lost interest in Nairaland for a long time.

As for the people who tracked you to your house, it's because you're among those, I'm afraid, who make money noisily; people who can't chop loot quietly and clean mouth, because of ego or something.

You know yourself.

And as has been said of old:

Walls have ears !

SonofElElyonRet:
Let them give out bumper returns from this so called loot. Bonus shares I won't mind.. heavy dividend is welcome. I don join bus yesterday 🤔

You no dey waste time for this kain thing.

SENIOR ANALYST EMMA ON PRESCO RESULT.

PRESCO

Comparing 2024 performance with 2023 performance

Revenue N198 billion against N102 billion

Gross profit N135 billion against N65 billion

Operating profit N138 billion against N59 billion

Net Operating profit after tax N114 billion against N33 billion

Profit after tax N104 billion against N33 billion

Equity N172 billion against N59 billion

Invested Capital N233 billion against N127 billion

Capital Employed N249 billion against N134 billion

Operating cash flow N129 billion against N33 billion

Free Cash flow N62 billion against N20 billion

Return on Capital Employed 55% against 44%

Return on Invested Capital 49% against 33%

Return on Equity 60% against 57%

Cash Flow Return on investment 52% against 25%

Cash Return on Invested Capital 27% against 16%

Working Capital N14.6 billion against N28.5 billion

Gross Margin 68% against 64%

Operating margin 69% against 58%

Net margin 52% against 32%

Operating Cash flow margin 65% against 32%

Free cash flow margin 31% against 20%

Debt/Operating profit 0.44 years against 1.18 years

Hmm, Chief Emma, Presco na your type of stock oo.
Everything increasing.
Every metric improving.

Na where we go meet to admire this Result?
Mama Ngozi Kitchen?

Gamblers keep off.
Jijoists not invited.

If you no go dey available, then drop message with Mama Ngozi for us.

zendi:
Glad to note, it seems, you have finally forgiven HeisinMe for joining Nairaland long before you.
Is this the miracle benefit of a Guest-mode break once in a while?

Both of you are my friends, and may friendly atmosphere reign, going forward .

On Presco, don't they produce and export Rubber, earning forex ?

Or the overwhelming euphoria over the Presco magic as suggested by jonnysessy.

unite4real:
CONSOLIDATED HALLMARK is the best of all results so far and not just the insurance alone.

What they dropped was like a bomb

Is it one-time loot, or may the trend continue?

Streetinvestor2:
None..lol.Na for naija dem dey make the money

Glad to note, it seems, you have finally forgiven HeisinMe for joining Nairaland long before you.
Is this the miracle benefit of a Guest-mode break once in a while?

Both of you are my friends, and may friendly atmosphere reign, going forward .

On Presco, don't they produce and export Rubber, earning forex ?

Oando sits on a huge chunk of OPEC's oil reserve;
Has Africa's most important Top Guy as Godfather;
Is languishing under N200, waiting to make somebody rich.

Oando is the world's greatest baby stock.

Not investment advice.

https://www.thisdaylive.com/index.php/2025/01/27/wale-tinubu-oando-has-over-a-billion-barrels-of-oil-reserves/

The Mogul roars !


But where is our redistributable. ?

https://nairametrics.com/2025/01/26/onshore-assets-are-best-in-the-hands-of-indigenous-oil-players-wale-tinubu/

unite4real:
CONOIL did not drop

ETERNA did not drop

OandO did not drop

KarlTom vex today.

SonofElElyonRet:
ok

Congrats, you don hammer for mutual benefits when they comot for suspension

.

KarlTom:
Small OandO news, gbas gbos don start.

When OandO officially announce am, we no go see road again...

BNSITL love Oando news.

When the Oando bull trumpet sounds,

All ghost-mode members turn to humans.

The Oando Prophet arises and prophesies.

Undead surfaces and greets madam.

Then he promises everybody four wives and a Honda Civic.

The house turns euphoric, even at midnight, as happiness chases sleep away from BNSITL's eyes.

mikeapollo:
Lol
Are you really serious at the bolded?

Scroll down the last page. You will see Ositadima's musing about the measuring of d*cks. I was playfully reminding him that we talk stocks here, not pricks.

KarlTom:
Small OandO news, gbas gbos don start.

When OandO officially announce am, we no go see road again...

ositadima1:
Lol, you know this wasn’t directed at anyone—it was just me musing. I haven’t insulted anyone here, and I’m not the first person to use that word. If it’s considered derogatory, I can take it down.

I didn't feel insulted, but somehow curious as to which post provoked it. And you should also understand that my last is totally play, but that thro that play I'm codedly suggesting that that type of anatomically explicit musing should have been appropriate in the Romance/Sexuality thread.

ositadima1:
Yes, of course. When you measure how long something is, you're unknowingly also measuring how short it is. That’s the issue with comparisons like these.

Yes, but which stock is your prick?
In which sector, and when was it's last Result?
What's it's latest EPS?

ositadima1:
These people way like to dey measure d*cks, nawao for una. Ur prick long, you know how long my own be?

nawaa....in reaction to which post?

Sunrisepebble:
I’m waiting to see their (MTN) Q4 result and subsequently Q1 for this year, I’ll be looking to buy it lower than this 256.
I’ve heard the price increase from the Telco side is not immediate and each MNO will have to apply for it to be granted.

The banks, I’m yet to do my analysis for the others but I think the dilution effect is not that bad for Zenith. They’re adding 8bn shares which are not going to be alloted for the FY results. Based on 2024 9M annualized, FY EPS without dilution is about N35. And I’m hoping to see a very strong final dividend

When we factor in dilution, it is N28 based on the same annualized 9M results. I’d like to think they’d grow profit next year also

Yes, I believe most of the banks will dish out dividends based on old OS, that is, before the new shares are listed.

What do you think, Mypeace? You know the banks well, since SMN days. And you love dividends no be small

Makanjuola89:
It should jump higher abeg

I still dey load, abeg.

saintjimos:
Alright, thank you

I will work with your advice on my next purchase

St Jimos, my shared opinion is no investment advise.
Consult your investment advisor, mentor or counsellor.

saintjimos:
Thank you, currently 80% of my shares are banks
So your advice is that I should sell them off?

So you're an old hand then, and not the "newbie" I mistook you for.
Accordingly, you should be an experienced manager of your portfolio.
Besides, I'm not the investment advisor I told you to consult. Also there are many good analysts here you can wait for, to weigh in.

But by my strictly personal opinion, remember my exact words when I thought you were new. I said: don't go to the banks for now.
Of course banks will get bigger and stronger.

But for me, I will wait to know the final total OS of each bank in order to work out their ranking, according to earning.
I am a PAT and EPS trader, especially with the banks.

Harvestock01:
The safest way to "rob" a bank is to "own" it.

No gun, no vawulence.
You just " take loan" when you want.

No wonder 2 of your kids are pursuing banking.

zendi:
The elderly cowboy decided that going to check his BP abroad is far better than starting the year attending court dates with Justice Chukwujekwu Aneke.

Aneke, remember, is the no-nonsense Judge that helped minorities kill the Oando delisting.
So the Senior cowboy knew why he voted with his feet, 81 years or not.

Frog likes water, but not when the water is getting hot. He who fights and runs away lives to fight another day.

So he put his 81 years aside and executed the cross-border stunt.

By the way, as a comic aside, this fugitive cowboy, at 81, is still a young boy.

Paul Biya at 92 is running for re-election to a new 7-year term as Cameroon President.
And Cameroon watchers see nothing that will stop him from winning..

At the end of the new tenure, he may also heed "the cries of his people" for him to go for yet another term that will take him to age 106.

Cameroon therefore is "a muiti-party democracy" with a one-party life presidency.

African wonder.

saintjimos:
Which Nigerian stock is advisable to buy and hold

Too many to mention.

Try Oando, Aradel, Transcorp etc

Don't go to banks for now. You will be wiped out at shares reconstruction.

Consult your investment adviser.


...

KarlTom:
One thing is certain, FOte doesn't go into a business/venture without getting all available facts. And looking at the bigger picture based on available details, I believe that FOte is out for the jugular.

A lot of details will be revealed: right from the exit of Oba and then removal of Awosika plus the Onasanya regime, it is clear that a lot happened in [and to] FBN.

I only hope that this 'battle' will bring the wind that blows the dark cloud away from FBN... :(

......and that Team Femi themselves will run the bank with clean hands, going forward.

But why is it that all bank cowbois are billionaires, all of them, save none. Are they not on defined salaries and allowances?

essentialone1:
81-YEAR-OLD EX-FIRST BANK CHAIRMAN, OBA OTUDEKO, FLEES NIGERIA VIA LAND BORDER, BEFORE COURT ARRAIGNMENT ON FRAUD CHARGES
Oba Otudeko, former Chairman of First Bank, has fled Nigeria ahead of his scheduled arraignment on fraud charges this Monday.
The sudden departure comes amidst a slew of financial disputes and allegations surrounding Otudeko, 81.
Otudeko's exit from the country is linked to the mounting legal pressures and financial disputes he is facing. The businessman left the country via one of the land borders. He was dropped off at the Nigeria-Benin border on Thursday evening by a family member.
When we reached out to Otudeko, his phone number was switched off. Messages sent to his WhatsApp, however, were delivered – but there was no response.
Obafemi Otudeko, his son, did not respond to calls and messages when contacted for comments on his father’s whereabouts and destination.
A Federal High Court in Lagos had fixed Monday, January 20, 2025, for the Economic and Financial Crimes Commission (EFCC) to arraign the Oba Otudeko and a former First Bank Managing Director, Stephen Olabisi Onasanya, for allegedly looting N12.3 billion from First Bank.
Otudeko and Onasanya are to be arraigned alongside a former board member of Honeywell, Soji Akintayo, and a firm, Anchorage Leisure Limited, connected to Otudeko.
According to the EFCC, the 4 of them committed the fraud in tranches of N5.2 billion, N6.2 billion, N6.150 billion, N1.5 billion and N500 million, between 2013 and 2014 in Lagos,
The 13-count charge, filed by EFCC counsel, Bilikisu Buhari, on January 16, 2025, further claimed that the defendants forged documents to deceive the bank.
The EFCC said Otudeko, Onasanya, Akintayo and Anchorage would be brought before Justice Chukwujekwu Aneke, to whom the case, registered as FHC/L/20C/2025, had been assigned.
Specifically, count 1 accused the defendants of conspiring "to obtain the sum of N12.3 billion from First Bank Limited on the pretence that the said sum represented credit facilities applied for by V-TECH DYNAMIC LINKS LIMITED and Stallion Nigeria Limited, which representation you know to be false."
In count 2, it was alleged that the defendants, on or about November 26, 2013 in Lagos, "obtained the sum of N5.2 billion from First Bank Limited on the pretence that the said sum represented credit facilities applied for by V TECH DYNAMIC LINKS LIMITED which representation you know to be false."
Efforts to contact Dele Oyewale, the EFCC spokesman, were unsuccessful, as attempts to reach him regarding Oba Otudeko's whereabouts were met with silence.
Despite multiple calls to his official phone line on Friday, the line remained unreachable, with a "switch off" message.

The elderly cowboy decided that going to check his BP abroad is far better than starting the year attending court dates with Justice Chukwujekwu Aneke.

Aneke, remember, is the no-nonsense Judge that helped minorities kill the Oando delisting.
So the Senior cowboy knew why he voted with his feet, 81 years or not.

Frog likes water, but not when the water is getting hot. He who fights and runs away lives to fight another day.

So he put his 81 years aside and executed the cross-border stunt.

But una no dey see crude oil for $81 ?
Abi we don forget say na crude oil Oando dey produce and sell?

Anyway, I no know wetin dey brew oo.

undead:
Oando za ta tashi daga baya ta saka mana duka, Isha Allah.

SpaceX go, undead come....

Musa dey gate siddon look.

SpaceX:
Hello, I'm new here. First timer in the house, how do I contribute to the success of this group?

Wait until Street and Loco return from Guest mode. You'll soon get what you're looking for, if you insist on constituting a nuisance here.

GeeKudi:
FAKE NEWS ALERT!!!!

Red oil no like black oil...

So is invoking litigation.