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Mpeace's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:14am On Dec 22
designking:

Yes. They are not delisting.
I hope this ignites a huge bull.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:10am On Dec 22
lasisi:
Also, Does it mean they would delist because the 0.25% premium no make sense. E be like say TOE don carry existing minority shareholders handicap.
But they are only taking 2million shares. I think they only want to comply with the provisions of the law.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:30am On Dec 20
Sunrisepebble:
Looking at 9m results of 2024 versus 2023

9M 2024: Tax rate of 85%!
9M 2023: Tax rate of 25%
Their PBT has more than doubled. Using the same tax rate in 2023 on this year, the EPS should have been around $0.31(or N495) per share
NB the said 9m result does not include their latest acquisition(ExxonMobil) which is more than doubling the crude oil output.
The just commissioned ANOH gas project has also not been added.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:26am On Dec 20
Sunrisepebble:
I think so too. Ive been looking at the results and their profit margins will be a lot thicker when they transition their assets to the PIA. Thats why the tax rate for them is so high right now. I will be buying on the LSE
Its cheaper on LSE, thats why they have been buying there.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:13am On Dec 20
Sunrisepebble:
Seplat Insiders, board chairman and board member have been buying on LSE this past week? What is happening there
The company has huge prospects.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:41am On Dec 20
Ginalex:
make I follow your footsteps. I can't make Transpower mistake twice grin
Aradel should be very available today. There is too much insider trading in that stock. Thats why they rushed in before the acquisition. Their acquisition bull cannot be strong since it had since been factored into the price.
In my opinion aradel is currently more expensive than seplat if you put their rrspective OS into consideration. But make no mistake, aradel is an excellent company with many future upsides

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:01pm On Dec 18
Its also important to note that SPDC only owns 30% of the JV. So the 5member Renaissance group will have to share the said 30% SPDC stake in the JV.
NB: I might be wrong too.
I hope I am not correct cos If I am correct, then the deal get too much corner corner

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:37pm On Dec 18
Sunrisepebble:
Was about to say this. Aradel that is being used as comparison already has a working refinery. Now they are adding 135kbpd of oil production and 350,000 mmscf of annual gas production (about another 150kboepd from my calculation ) with this acquisition. In addition they also have a power plant now, Afam VI (650MW capacity) that is connected to the grid already … The 5% stake in Chappal is also huge when they eventually IPO

Its night and day
I also haven't mentioned our potential London listing but wanted to leave out assumptions

But we do not yet know Aradel's share in the asset, given that Renaissance Africa Energy Company Limited is a consortium of 5 big oil and gas companies.
This market get as e be. We fit see full bid tomorrow, we fit no see full bid.
But I for like get some more units before this kind of news.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 5:52pm On Dec 18
We wey dey wait for 400 naira go soon start bid at 1000. Chai.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:36pm On Dec 17
bovali:
https://x.com/borie_nla/status/1868939314421494056

This is the problem with investing in nigeria. I hope Okomu can overcome this
This your link looks very dangerous. E resemble the link wey dem use hack my facebook the other time
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 5:41pm On Dec 17
mikeapollo:


I think some directors or related entities that hold Oando shares and still owe the company money but are unable to pay cash for the debt. Hence they have chosen to forfeit their shares as partial or full settlement..
I just hope those shares were valued appropriately, otherwise the receiving shareholders could still be shortchanged.

The result of this exercise would mean a reduction in Wale, his fellow promoters and related entities' controlling interests from 58% to about 35% (i.e. if none of the 65% common shareholdings belong to them in any way)
Are you saying that they will not create additional shares for that purpose? If yes, then thats awesome for oando shareholders

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:58am On Dec 17
This oando result ehh... e no too clear.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 5:30pm On Dec 14
megawealth01:
Seplat Completes $1.28 Billion Purchase Of Mobil Nigeria

https://punchng.com/seplat-completes-1-28bn-purchase-of-mobil-nigeria/?amp
Seplat e don do oh. They have over reported this stuff naa. Let dem give us new story like acquisition dividends or bonus. Or even receivables like oando.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:54pm On Dec 13
Health3:
Eunisel lock some people for shop throway key for Atlantic ocean for almost 2 weeks now
Eunisel wey dey do 10% daily that time
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:21am On Dec 13
Raider76:
We really need more billionaires in Nigeria to catch the higher numbers in Egypt and South Africa. Imagine if we have 3 more billionaires disrupting sectors like steel, agriculture , transportation, mining, power and tech, and investing $20b in each, like Dangote did to Oil and Gas.

I pray Elumelu considers taking more shares like 70-85% stake in his listed companies. It will help him(and help us too)
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:20am On Dec 13
megawealth01:


WOW 😳
His stake in transcorp, together with that of his wife and Heir holdings no reach 40%. He is not listed as a holder of significant stake in transpower. Etc etc
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:23am On Dec 13
megawealth01:
really
He doesn't really hold absolute majority on his listed companies, compared to others
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:13am On Dec 13
megawealth01:
Elumelu, Wale, Rabiu, Adenuga etc na this Forbes be their pursuit either to be there or climb up
e go hard for Elumelu to enter that list. The rest have a chance.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:47pm On Dec 12
Ginalex:
WAPCO my baby... Nothing do you grin
Hmmm e be like news don change. Good last minute move.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:24am On Dec 12
Omooloriredade:


Probably plus Seplat was already more expensive than peers particularly Aradel.

Going on offer may be an over-reaction though but some punters were looking to sell the news.

Seplat usually stays on offer until result period.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:03pm On Dec 11
See our naira

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:00pm On Dec 09
SonofElElyonRet:


Strong man... we still dey Japaul... betrayer you grin
Chai. He come leave you for inside japaul sand

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:58pm On Dec 07
Nigeria!!! I tired

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:39am On Dec 07
emmanuelewumi:
The 9 month result should drive the stock price to between 85 naira and above
They better share all that 9months profit after tax and whatever they have in their reserves. Chinese get money. Make them carry their fresh money come.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 3:10pm On Dec 06
RodgersAkpafu:


There is no clear path to a sustainable appreciated naira in the next at least two to three years

All the indicators are against us
High inflation and currency appreciation does not go hand in hand

High external debt and currency appreciation cannot go hand in hand

Our only way out in my opinion is if we [b]add daily 450k barrels of oil [/b]to earn daily extra income
Anything short of that na wash
Don't worry, Seplat will do that we our new acquisition. Lol.

But If 450k barrels is the answer, why can't we do that even all the huge reserve
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:49pm On Dec 06
megawealth01:
Those hoarding dollars sha

Una no wan buy cheap and sell high in 2025? grin

Don't rate the policy yet with these few day's gain, wait until after 2-3months. New policies might reduce rates for a short time then it goes back to square1 or even worse. Mind you its year end, many xmas visitors coming in with $ will usually cause a rise in value of the naira until after the holidays
But I pray the Naira appreciates greatly, for the sake of suffering Nigerians, but I no just trust the government of the day.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:08am On Dec 04
Wow wow wow. Seplat just added. N400.
Our buyer only comes once in a while. God bless him.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:16am On Dec 04
zendi:

Good, but bear with us, no interim thing for Mpeace and others. grin
Fcmb is wrestling with regulatory recapitalization like others. But I hope it can now summon the courage to narrow the price gap with Fidelity.
They should have paid, no matter how small. CBN rules on recapitalization specifically instructed banks not to use their profit, but to source funds. If not GTCO and the rest would have met the requirements with half year profit.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:08am On Dec 04
Choiceguy:


Mpeace and zendi your long awaited FCMB q3 result is here grin
The result good but not as good as other banks. Since yesterday I dey expect dividend announcement, nothing so far. Its clear they will not pay interim.
All these family business, na so them dey retain the money inside the company...

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:54am On Dec 03
Sunrisepebble:
This is why I’ve been picking MTN between 166-170 last few weeks:

https://businessday.ng/news/article/ncc-to-announce-new-tariff-plan-dec-13/?amp
Last year, I put alot on Mtn, Nascon and Dangsugar. My dividend yield was so so poor cos non of those three paid.
I do not see mtn paying this year and I want chop dividends. Na banking stocks(zenith and gtco) dey my mind now. UBA gave N2 interim, their final year might not be that much.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:25am On Dec 02
Raider76:


In global trade Nigeria is a country not a region. Africa is the region. They are clearly divesting from the African region, in which Nigeria happens to be.
Ok
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:59am On Dec 02
ghm:


Read about it more here, it is not every time we should live in self pity for our country.

https://www.nairaland.com/8282715/holcim-sell-lafarge-africa-stake

The deal aligns with Holcim's strategy to streamline its portfolio and focus on high-growth regions, including the coming spin-off of its North American business, which remains on track for a U.S. listing in the first half of 2025.


"They sold in Tanzania and Uganda. The Chinese Company bought all these stakes and acquired Cement company in South Africa.
Nothing new, it's about revaluating your portfolio for optimality"


Although not stated. But from the excerpt you made above it is clear that they wanr to focus on high grow region. Nigeria appears to be the very opposite of a "high growth" region. Nigeria is very volatile at the moment.

1 Like

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