SonofElElyonRet:

It's probably a one off .. loot from aradel investment.. hoping they'll give a bountiful payout as dividend which will drive price up steeply.. maybe scrip issue fit join too. That profit for 2024 is too juicy for them not to give we shareholders something gbemulicious

They may find another investment or already on something similar.

But one of these companies has just developed an innovative dividend called "share redistribution", which they will pay to shareholders for the next three years, barring any unforseen shenanigans.

essentialone:
HISTORICALLY, THESE 28 ACTIVE COMPANIES DO NOT PAY DIVIDENDS. BESIDE THEM, IS THE YEAR THAT THEY LAST PAID ANY DIVIDEND. WILL ANY OF THEM PAY DIVIDEND THIS YEAR 2025?

1) Abbey Mortgage Bank Plc (2011)
2) Austin Laz & Company (has never ever paid Dividend)
3) Champion Breweries (1986)
4) Chams Plc (2019)
5) Daar Communications (has never ever paid Dividend)
6) Deap Capital Management & Trust (2009)
7) E-Tranzact International (2017)
8. Eunisell Interlinked Plc (1999)
9) FTN Cocoa Processors (2010)
10) Golden Guinea Breweries (1997)
11) Guinea Insurance (2010)
12) Japaul Gold and Ventures Plc (2014)
13) John Holt Plc (2005)
14) NCR Nigeria (2011)
15) Oando Plc (2014)
16) Omatek Ventures (has never ever paid Dividend)
17) Regency Alliance Insurance (2019)
18) Royal Exchange (2014)
19) RT Briscoe (2012)
20) SCOA Nigeria (2015)
21) Secure Electronic Technology (2008)
22) Sovereign Trust Insurance (2011)
23) Tantalizers Plc (2012)
24) Thomas Wyatt Nigeria (2011)
25) Union Dicon Salt (2001)
26) Universal Insurance Company (has never ever paid Dividend)
27) Veritas Kapital Assurance Plc (2017)
28) Wapic (Coronation) Insurance (2016)

Sincerely, if you are a lover of Dividends, you should avoid these 28 Companies completely. Unless a miracle happens, none of them will still pay any Dividend in this year 2025. Trade cautiously…

Raider76:
But one of these companies has just developed an innovative dividend called "share redistribution", which they will pay to shareholders for the next three years, barring any unforseen shenanigans.

Innovative dividend

Raider76:
But one of these companies has just developed an innovative dividend called "share redistribution", which they will pay to shareholders for the next three years, barring any unforseen shenanigans.

Yes, that is Bonus shares, not Dividends.

SonofElElyonRet:

There you go again bro .. not talking about salvation.. simply a metaphor referring to our disagreement.. anyway no hard feelings.. shalom

Good morning my brother, son of the Most High. I trust this message finds you well andnyou had a restful weekend . Though this may be a faceless forum, you na still our brethren here.

I have no qualms with you o and like I said in my earlier post, I will still break bread with thee whenever the veil of the faceless forum is lowered or where permissible.

Make we focus on getting the Intel and info on new stock picks, currency flows and positive vibes into our portfolios this week 🙏🏽.

May The Almighty continue to bless us with good health, long life, grace and favour to make manifest His great works on earth 🙏🏽.

Last but not the least, if any of those words I spewed portrayed hard feelings or gave you or any other brethren on this platform negative vibes, please accept my sincere apologies. 🙏🏽

essentialone:


Yes, that is Bonus shares, not Dividends.

I saw a company on the list that last paid dividends in 1986. Na wa oh

The keyword is "innovative"

essentialone:


Yes, that is Bonus shares, not Dividends.

Good morning everyone, up till now, this issue has not been settled. I mailed cscs and they copied meristem to respond but since then, I have not gotten any update.


Please what more should I do?

jp130:
Update on this DIRECT CASH SETTLEMENT
As at yesterday, I didn't get the proceeds of sale of my japaul. So I mailed cscs with the sale contract note from meristem. I hope this issue is resolved quickly

Mpeace:
I saw a company on the list that last paid dividends in 1986. Na wa oh

Next year will make it 40 Years Anniversary of Champions Brewery not paying dividends

Raider76:
But one of these companies has just developed an innovative dividend called "share redistribution", which they will pay to shareholders for the next three years, barring any unforseen shenanigans.

Somebody owes you and finds it hard to pay back his debt.
The same person now makes some arrangements to surrender some of his properties to settle his debt.
Will you call that arrangement a favor or an innovative dividend

It is a two way street. Aradel has shares in Conhall, Conhall has shares in Aradel. There's an individual that links them together, his name has slipped my mind. I don't think Conhall has disclosed their holdings in them publicly but you just have to take my word for it.
They have about 20-30mn units of Aradel, post the stock split

SonofElElyonRet:

Or this?

Sunrisepebble:
It is a two way street. Aradel has shares in Conhall, Conhall has shares in Aradel. There's an individual that links them together, his name has slipped my mind. I don't think Conhall has disclosed their holdings in them publicly but you just have to take my word for it.
They have about 20-30mn units of Aradel, post the stock split

Fantastic! Thanks!

ololufemi:


Good morning my brother, son of the Most High. I trust this message finds you well andnyou had a restful weekend . Though this may be a faceless forum, you na still our brethren here.

I have no qualms with you o and like I said in my earlier post, I will still break bread with thee whenever the veil of the faceless forum is lowered or where permissible.

Make we focus on getting the Intel and info on new stock picks, currency flows and positive vibes into our portfolios this week 🙏🏽.

May The Almighty continue to bless us with good health, long life, grace and favour to make manifest His great works on earth 🙏🏽.

Last but not the least, if any of those words I spewed portrayed hard feelings or gave you or any other brethren on this platform negative vibes, please accept my sincere apologies. 🙏🏽

My bro for life..

Sunrisepebble:
It is a two way street. Aradel has shares in Conhall, Conhall has shares in Aradel. There's an individual that links them together, his name has slipped my mind. I don't think Conhall has disclosed their holdings in them publicly but you just have to take my word for it.
They have about 20-30mn units of Aradel, post the stock split

Kindly indulge me once more... Did the stock split contribute to the profit of conhall or it's just purely dividend? Trying to figure out if same huge profit from aradel can be regularly replicated year to year

jp130:
Good morning everyone, up till now, this issue has not been settled. I mailed cscs and they copied meristem to respond but since then, I have not gotten any update.


Please what more should I do?

In all of this what has been meristem's response and also what has been CSCS response?

SonofElElyonRet:

Kindly indulge me once more... Did the stock split contribute to the profit of conhall or it's just purely dividend? Trying to figure out if same huge profit from aradel can be regularly replicated year to year

I think the stock split can only contribute to the profit if it was sold on NGX after the split/listing. If not, it will just only increase the asset value of Conhall.

I no check anything about am oo, just a layman reasoning. Na the Oga wey get the question go get better answer.

Expect breaking news from Unity Bank and Providus Bank soon

freeman67:



I think the stock split can only contribute to the profit if it was sold on NGX after the split/listing. If not, it will just only increase the asset value of Conhall.

I no check anything about am oo, just a layman reasoning. Na the Oga wey get the question go get better answer.

My thoughts as well...

Yes you're spot on. 👍🏾

NettyNelly:


Please reconfirm this Info. From what i checked, It's Aradel who Owns about 2.7B shares in CONHALL, not the other way around

Please correct me if I'm wrong and kindly point me to the right source of your Info.

essentialone:


Yes, that is Bonus shares, not Dividends.

There are 2 types of dividends: cash dividend and stock dividend.

What Oando is about doing is more like stock dividend

Ddll:
Expect breaking news from Unity Bank and Providus Bank soon

Wow!
I hope it would lead to lifting the suspension or coming to raise some equity capital.

😉

Sunrisepebble:
It is a two way street. Aradel has shares in Conhall, Conhall has shares in Aradel. There's an individual that links them together, his name has slipped my mind. I don't think Conhall has disclosed their holdings in them publicly but you just have to take my word for it.
They have about 20-30mn units of Aradel, post the stock split

Ddll:
Expect breaking news from Unity Bank and Providus Bank soon

💯

SonofElElyonRet:

you are taking SpaceX serious? He's our resident "aderin poshonu" (comedian)

Lol

ololufemi:


Good morning my brother, son of the Most High. I trust this message finds you well andnyou had a restful weekend . Though this may be a faceless forum, you na still our brethren here.

I have no qualms with you o and like I said in my earlier post, I will still break bread with thee whenever the veil of the faceless forum is lowered or where permissible.

Make we focus on getting the Intel and info on new stock picks, currency flows and positive vibes into our portfolios this week 🙏🏽.

May The Almighty continue to bless us with good health, long life, grace and favour to make manifest His great works on earth 🙏🏽.

Last but not the least, if any of those words I spewed portrayed hard feelings or gave you or any other brethren on this platform negative vibes, please accept my sincere apologies. 🙏🏽

This is the real definition of maturity 👍

megawealth01:


💯

@Mega,
You prediction about Unity Bank is about to unfold!
Let me see who go borrow me money fast or I dagger some of my Oando shares

essentialone:
HISTORICALLY, THESE 28 ACTIVE COMPANIES DO NOT PAY DIVIDENDS. BESIDE THEM, IS THE YEAR THAT THEY LAST PAID ANY DIVIDEND. WILL ANY OF THEM PAY DIVIDEND THIS YEAR 2025?

1) Abbey Mortgage Bank Plc (2011)
2) Austin Laz & Company (has never ever paid Dividend)
3) Champion Breweries (1986)
4) Chams Plc (2019)
5) Daar Communications (has never ever paid Dividend)
6) Deap Capital Management & Trust (2009)
7) E-Tranzact International (2017)
8. Eunisell Interlinked Plc (1999)
9) FTN Cocoa Processors (2010)
10) Golden Guinea Breweries (1997)
11) Guinea Insurance (2010)
12) Japaul Gold and Ventures Plc (2014)
13) John Holt Plc (2005)
14) NCR Nigeria (2011)
15) Oando Plc (2014)
16) Omatek Ventures (has never ever paid Dividend)
17) Regency Alliance Insurance (2019)
18) Royal Exchange (2014)
19) RT Briscoe (2012)
20) SCOA Nigeria (2015)
21) Secure Electronic Technology (2008)
22) Sovereign Trust Insurance (2011)
23) Tantalizers Plc (2012)
24) Thomas Wyatt Nigeria (2011)
25) Union Dicon Salt (2001)
26) Universal Insurance Company (has never ever paid Dividend)
27) Veritas Kapital Assurance Plc (2017)
28) Wapic (Coronation) Insurance (2016)

Sincerely, if you are a lover of Dividends, you should avoid these 28 Companies completely. Unless a miracle happens, none of them will still pay any Dividend in this year 2025. Trade cautiously…

I didn't see Neimeth in the list. It's one of those companies in perpetual turnaround condition.

mikeapollo:


I have much of Oando but I still pray and hope Tinubu loses the 2027 elections. Investments and the financial markets require a president/govt that would be very meticulous with good economic policies that ensure macroeconomic stability. To hell with nonsense.
If Oando is not able to show positive recovery between now and 2027, I will rebalance my portfolio.
Even right now, I have plans to sell some units after the first and second tranche of the share redistribution and then let's see what happens to the rest .

... and where do you see the better candidates and where are they coming from? Do you mean fromthe current set of politicians?

mikeapollo:


@Mega,
You prediction about Unity Bank is about to unfold!
Let me see who go borrow me money fast or I dagger some of my Oando shares

You sabi me that I don't make noise. I have evidence always no matter how long it takes. All my stocks have successfully delivered

I belong to ThePastorChrisGeneration

DYOR

ghm:


... and where do you see the better candidates and where are they coming from? Do you mean from the current set of politicians?

I am not comparing or talking about any specific better candidate(s).
Let the masses that have suffered decide the alternative option, and they would if there is free and fair election.

I think it’s both the share price gain and dividend income they’re counting.
Not sure how it works accounting wise on their PnL statement because I don’t think they’ve actually sold their stake. Maybe they have

SonofElElyonRet:

Kindly indulge me once more... Did the stock split contribute to the profit of conhall or it's just purely dividend? Trying to figure out if same huge profit from aradel can be regularly replicated year to year

zendi:

I didn't see Neimeth in the list. It's one of those companies in perpetual turnaround condition.

Neimeth paid 7 kobo in 2022. None in 2023 and none in 2024. If they do not pay in this 2025 and in 2026, they will join the List.

We use 4 years tenure of No-Dividend gap, before adding a Company to the List.

Lasaco last paid in 2021 when they paid 10 kobo. If they do not pay in this 2025, they will join the List.

What do you think?