Stats: 3,170,788 members, 7,879,438 topics. Date: Wednesday, 03 July 2024 at 06:21 PM |
Nairaland Forum / Flash360's Profile / Flash360's Posts
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Do you need a website that can generate valuable leads and convert to sales? Search no more, im your plug. Check out some of my recent works: https://caverton-offshore.com/ https://dmo.lagosstate.gov.ng/ https://grocedy.com/ https://www.dnjinvestmentltd.com/ https://thepedigreeproject.com/ http://www.candilita.com/ https://charisoil.com/ kindly feel free to share your brief and get free consultation today. Lets create. visit https://www.fits.ng/start Tel: 08054015264 & 08061156610 1 Like 1 Share |
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Almost 24hrs at shangisha lagos 1 Like |
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how do i test fly it, is there a pilot for that? 4 Likes 1 Share |
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Hp 840 g1 board needed in lagos. Price pls? |
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Exactly. Also the 3% is to be shared to the host communities to do whatever they want. While the 30% is simply for exploration expenses and it's not to be shared to the communities. Meaning the 30% will be used to discover oil and gas deposit. But tribalism wont let people read and comprehend. Also the govt should have done better in breaking down the bill in layman terms to sensitize the agitating regions before the issue escalates. dairykidd: |
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Dorime |
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Rain Oil founder is the owner of Preline. Raider76: |
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Wow |
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Better deal lying in plain sight. Not universal now locodemy: |
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ok, make i whatsapp the guy. hehe Raider76: abi o, no be lie.. emmanuelewumi: |
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Do you know the cost of donor organs. One kidney go clear the debt. Lol. Anyways, just kidding o. But on a serious note, I wonder if morgan capital offers margin lending. I know meristem offers it, last year they inform me about it, was interested but their interest and charges was quite high. Should have taken it though, when zenith was 10naira. I for don hammer I Seunn11: |
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Who fit borrow me 30million wey dem no need urgently, make I use am load something for market for 1 month, payable with 10% interest. ![]() |
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Una dey lose focus. This story is centred about her introducing a new platform called Vreg, which they will use to frustrate us soon by forcing us to compulsory register our cars with a fee. How can she say nigeria doesnt have VIN database, something that is used by frsc to issue plate number. All this data are available already. Another scam loading |
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Caverton only problem is the rising FX risk, as most of their debt are in dollars and most expenses are factored in dollars too, such as cost of maintenance and spare parts, pilot salaries etc Flash360: 1 Like |
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Selling a very insignificant portion of the holding, to meet sec/nse free float requirements. Nothing to worry about, the owning family are too invested in the business to sell off especially this cheap. Bbbwings: |
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That's not going to happen. This is the reason why FG is buying a stake in the company, to provide bailout fund for dangote to clear the hanging interest owed. BabsO2: |
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lol ![]() samguru: |
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2 Likes |
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define your medium term and risk appetite? Payunsin: |
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there was a significant reduction in Gross Premium written and also increase in unearned Premium. Also claims expenses were higher, while the company was able to reduce outstanding claims. Book value is 58kobo, while market price is 20Kobo sonofElElyon: |
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ETI Eps: 1.387 with 29% growth in profit (YOY) https://doclib.ngxgroup.com/Financial_NewsDocs/33741_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_2_%20_FINANC.pdf 1 Like |
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lol, past lessons was too deep. i only follow fundamentally sound stocks. retail insurance investors pre-2008, were just gambling (including me) based on the massive bully rally in the market. Learnt my lessons the hard way. There are still valuable stocks in the industry, you just have to do your research proplerly. zionaigbokhan: |
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for a start, the stock in highly undervalued. Book Value is about 60kobo, while market price is 20kobo. they dont have borrowings and the balance sheet is growing strong. They are likely to meet their recapitalization target anytime from now. Also their negative retained earnings has almost been cleared totally, giving hopes of dividends in the near future. Anyways, make person sha offload plenty units at 20kobo on monday. We carry mop come. sonofElElyon: |
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universal insurance plc, closed with +10% . i need it to fall back o. we are not done mopping. ![]() |
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Aunty come and explain this post. Which announcement? nairavsdollars: |
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very good question. the huge difference in EPS recorded is because of the share reconstruction done earlier this year which reduced shareholder units from 4 shares previoulsly held = 1unit . reduction in shares issued = higher EPS (as there are less shares to divide the Earnings). So now, why was the shares reduced; this is to create space in equity for the company to raise money to meet up the insurance sector recapitalization target, which the board has already gotten shareholders approval for. if you now check the last released result, you will see the deposit has been made for it already, most likey from their biggest shareholder (lagos state Govt). To finally absolve this fund, they will have to issue new shares via private placement or via rights offers (which will allow existing shareholders to acquire more units). the amount currently deposited is almost 30% of the Equity value. so imaging the dilution that will occur. Well, wetin i sabi. Due Diligence should be applied. cheers yMcy56: 1 Like |
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entered at 1.15, happy to have sold at 1.70 today ![]() yMcy56: |
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