monopolistic:



Revaluation of Dollar Investment Income .

Streetinvestor2:
That means it is one time thing and not sustainable. I was thinking they whr insuring cocaine and money laundering businesses, lol.The profit margin was something else

Streetinvestor2:
That means it is one time thing and not sustainable. I was thinking they whr insuring cocaine and money laundering businesses, lol.The profit margin was something else

Streetinvestor2:
That means it is one time thing and not sustainable. I was thinking they whr insuring cocaine and money laundering businesses, lol.The profit margin was something else

unite4real:


For all the companies that had dollar revaluation spiking their profits, their q3 reports may be very disappointing compared to previous quarter.

aameyah:
I haven't been paid. Please how do I get my money?

monopolistic:
of Dollar Investment Income .

locodemy:


Is Transcorp among?
You are too good in noting these things.

unite4real:


For all the companies that had dollar revaluation spiking their profits, their q3 reports may be very disappointing compared to previous quarter.

Standardguy:


Not necessarily. The dollar is still depreciating. It may be over N1000 by the end of September so more revaluation income.

Standardguy:


Not necessarily. The dollar is still depreciating. It may be over N1000 by the end of September so more revaluation income.

Standardguy:


Not necessarily. The dollar is still depreciating. It may be over N1000 by the end of September so more revaluation income.

Streetinvestor2:
Really, I was told it will hit 2000 by September.

locodemy:


I think the right word to match what you are saying is "appreciating"

My own take is let Tbill not look more attractive than stocks.We may be in for another long thing.

unite4real:


I think it's best to FOLLOW THE MONEY.

When the fixed income space becomes more attractive, then we follow. If it's getting less attractive, we move to where the money is destined next.

The fixed income, stocks, real estate market will not generally move in same direction.

locodemy:


But Tbill is offering 12.5% currently.At 15-18%, stocks will be desert Nah.
If no bull is seen in Transcorp, mansard, Linkage, Nahco, MRS, custodian, Fcmb, Wema, Nascon, Uacn, etc tomorrow, know the money bags have found a new love.

locodemy:


But Tbill is offering 12.5% currently.At 15-18%, stocks will be desert Nah.
If no bull is seen in Transcorp, mansard, Linkage, Nahco, MRS, custodian, Fcmb, Wema, Nascon, Uacn, etc tomorrow, know the money bags have found a new love.

monopolistic:


https://doclib.ngxgroup.com/Financial_NewsDocs/39178_STERLING_FINANCIAL_HOLDINGS_COMPANY_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

unite4real:


I think it's the naira that is depreciating.

Again from the present floating state of around 850-870 to N1000 will not be as high as jumping from 460 to over 800 following the floating of the Naira weeks ago.
So the margin of profit by these banks in the 3rd quarter cannot be as witnessed in the 2nd quarter

locodemy:


[b]I think the right word to match what you are saying is "appreciating"

My own take is let Tbill not look more attractive than stocks.We may be in for another long thing.

monopolistic:



https://doclib.ngxgroup.com/Financial_NewsDocs/39179_INTERNATIONAL_BREWERIES_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

Laso09:



In the race to burn down shareholder fund totally...
Equity now 68b and accumulated losses 82b....

monopolistic:



https://doclib.ngxgroup.com/Financial_NewsDocs/39179_INTERNATIONAL_BREWERIES_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

customstreet:
One insurance company people are not paying attention to, which is still heavily underpriced, penny stock and which has many factors going on well for them is SUNU ASSURANCE PLC.

Watch out for this stock before it get to 100k

locodemy:
I was thinking all these delayed result will be very poor but some are good.Jaiz tried.

Fidson will be retracing back to 7 with this result.We expected a better result than this.

https://doclib.ngxgroup.com/Financial_NewsDocs/39181_FIDSON_HEALTHCARE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf