ojeysky:
Why will anyone buy UBA right issue at 35 when it's trading below 33 on the floor? I beg make una educate me o

Elumelu does not want you to buy. He will take it all up and consolidate majority vote

Xidget:
An off screen buyer has been buying up NASCON since yesterday.

I suspect Currentprice.

BabsO2:


What’s happening by then ?

q3 results expected

Xidget:
What is the 9M EPS

For the first 3quarters 1.92. But for 3months ended september 1.14.

Xidget:
#Observation

Most FA investors advised people to sell banks stocks 2months ago when price was low because of dilution from recapitalisation. And buy back at Q1 2025 when it will become cheaper.

Same people are encouraging people to buy now that price is high. Now, I am wondering, does the dilution not matter anymore?

Some banks will be diluted far less than others. With the level off profits being declared by these banks, the dilutions may not have much effect.

Sunrisepebble:
I’m hearing Wapco will be acquired by a Chinese company

*NFA/ DYOR

If true, they better not come with any oando/flourmills kind of deal. We can manage N200 lol.
Wapco already settled all their debt

Ginalex:
32%... Hmmm not bad

What if they default in paying back at the due date, how do you recover?

yMcy56:
Quite some stocks on full bid.......
UNILEVER also joined......
it's well o

GT moved back up to 56......

That gtco should shake body quick quick. Its 100 we want before year end.

Wapco @ 50.

Wapco should end the say on full bid

zendi:

All the banks have done well so I hope that just releasing the result will help boost it over the #10 mark which it has been scared of for sometime now.

If only they can drop 50kobo interim dividend.
I just cross checked their publication and it appears they are in the process of auditing the result for q3. It has not even been transmitted to CBN. They gave 29th December as probable release date.

zendi:
By the way, we're yet to see FCMB Q3 Result, or did I miss it? All it's mates have reported.

Its awaiting CBN approval. I keyed in some units hoping it could follow its twin brother, fidelity.
Thats one bank that is yet to really move.

Access have acquired another bank abroad. Na wa oh. E be like say dem go soon start to share all these banks to shareholders as them no want pay good dividends.

Raider76:


I think not only is NNPC (meaning the Federal Government) not interested in their 7.2% stake in the Dangote Refinery, but they are not interested in seeing the refinery itself survive. I think Alhaji better go and hire a crack team of international oil marketers to help him source global markets for his products so that he does not go bankrupt before 2027.

lol. There are more responsible governments interested in the products. Like Ghana and Some of these neighbouring countries who have been buying from europe and smuggling products fron Nigeria, I only wonder why dangote keeps his focus on the Nigerian market. He should focus on export and see how Nigerians come beggening. Except if there is something we are not seeing.

But something tells me Dangote only seeks to monopolise the sector.
He first fought the regulators and government.
Now he is after the marketers and competition. He says no one should be allowed to import so that he will be the dominant supplier.

GeeKudi:
Please, does anyone know what is going on with African Prudentials, the registrar for TRANSCORP? All the units of TRANSCORP I had before the reconstruction is missing. I keep sending messages without any satisfactory response

Maybe you had another broker with some units. If so, then they might have sent it there.

mikeapollo:

Vawulence!
Who would buy Oando at N1,000 without any prior, recent reward like dividend or bonus to shareholders?

They can just chip im small dividend like geregu. N8 or somthimg like that

If I be wale, I go just push oando to 1,000 then do RI or PO of 1billion units. That will help clear their debts.

Conoil, flying daily. Na wa oh..

I trump pumps oil, and Opec allows prices fall in order to bankrupt yhe US producers, that means lower oil prices.

BullBearMkt:

I don't think that is correct. Donal Trump's policy favours oil and gas industry during his 1st tenure. His policies mainly focused on domestic production through significant deregulation. During this period oil price rose, though not significantly. The fall in oil price occurred when he was voted out of office.

Trump oil policy is pump and pump ubtil prices fall.

Donald Trump is bad for oil. Even my seplat go bleed because of his victory

Princkez:
CONOIL @#200.....OANDO on my mind

down stream and upstream. T
Those two are not in the same business.
You should be comparing Conoil with Eterna

yMcy56:

Pls explain the fire to me.....o
Decrease in production due to sabotage and theft across assets in Nigeria Delta......
Did OANDO complain about not producing again?
What about the AGIP acquisition/production that's yet to be included?

Just asked questions o.....because anyone seeing children of hate typing fire now, you'll think there's cause for concern outside what the financial report already captured.....

Here's the press release:
https://doclib.ngxgroup.com/Financial_NewsDocs/42590_OANDO_PLC-OANDO_PLC__CORPORATE_ACTIONS_NOVEMBER_2024.pdf

Sincerely, I wasn't referring to you and other innocent pple in oando. My comment was strictly for those raining insults here yesterday.
Everyone is entitled to invest where he/she deems fit but going further to insult others on the bases of their opinion is childish.

naturalflow:
prophet leave first bank first,say something,there is fire on the mountain oooo

Chai. The fire no be small one. Children go soon learn how to respect elders.

Oando: they are managing the release of their results. Q3 might be their game changer. They might have strategically left it for last.

Princkez:
Will oando resume trading tomorrow?

I think they need to release their outstanding results from 2024. Atleast H1 2024

Now I see why they have been rushing UBA. I just dey compare the fugaz result since morning. If UBA had done what Gtco did to their result, UBA would have been the leader in PAT and EPS.

But make I finish compare their respective OS after capital raising before I decide how to rebalance
Disclaimer: I dey all the fugaz. This is monkey hunting if you want to see it that way. Always do your own research.

Agbalowomeri:
Get set for the mad bull

The way gtco and zenith moved last yesterday, it's clear money, big money dey enter this market

Ginalex:
Shey wapco no go pay interim?

Even Totalenergies. Na wa oh...

Blaqq2:
abeg if theres any
make una add me

That whatsapp group thing ehhh. The way some pple dey come here come attack person, you no need any body to tell you say dem done finish discuss you for the whatsapp group.
Na silence i dey use manager them

ositadima1:


I analyzed DS on several occasions, foreseeing challenges that others did not seem to take seriously. I demonstrated why backward integration would be difficult and time-consuming (long term strategy, and will take years and conciderable investments) , and I highlighted the significant issue of negative equity, especially in the context of high interest rates. I also compared DS with BUA Foods to underscore its inefficiencies. Additionally, I explained why owning businesses within the same group does not guarantee they can support each other effectively.

Similarly, I pointed out MTNN's negative equity issue to mcy56, noting how problematic this is in the current economic climate. I presented facts, but some people preferred to ignore them, focusing on emotions rather than evidence. The posts are here, as are the criticisms of them.

Not all negatives for mtn. They actually returned to profit in q3.

designking:

Hope this is not as bad as the Dangote Sugar?

Result not as good as last year but not bad. I think the only thing drawing it back is dangsugar. Eps if 4.42 as against 5.54 of last year.