Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/41179_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

This is crazy o!!!!!!!!!!!

Zenith we await your response o!!!!!!!

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/41179_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

Best result so far. Eps from N2 to N16 wow
Profit after tas from 58billion to 457billion. This is unbelievable

dapix:


This is crazy o!!!!!!!!!!!

Zenith we await your response o!!!!!!!

Zenith fit try this one? I doubt.
Na this type result them dey use raise money from capital market.

BabsO2:


Fantastic print. No one should be selling at current prices. UBA should be selling above N60 The only thing not yet clear is how much dilution (or set back) will come from recapitalization.

How much should access bank sell??

Adinije:
Why is ACCESSCORP scared of #18. Na wa oh

This stock supposed to close gap with UBA but instead, it is widening the gap between the two. I wonder why the stock is trading below #20.

lionshare:
Multiverse dividend dropped!😂

Na so we see am. Enjoy!!!! can't even remember completing the registrars form. CSCS /brokers/registrars gradually improving Even Veritas don dey send update

Omooloriredade:


Prof, alarms are going off in my brain. My brain cells are overheating. Dakun!

Not sure I understand your question but the bolded seems to suggest what happens when we have a bull (price skyrockets leading to unrealistic pricing) or bear (price capitulation leading to excessive price decline) scenario?

My Oga, probability is very slim there will be price loss during a bull so looking at bearish market pricing using a 25% +(-) 5% decline from most recent high.

I am also looking at holding time frame & loss as a percentage of invested capital in the equity.

** Sample scenario using 6months time frame
At 12.5% price loss after 3 months, highlight investment, and if situation remains same after the next 3 months or drops to 20% at any point within the next 3 months, the system (could be human) sell.

bisiki2:


Thank you.

I may just have to cut my loss.

Bros no vex o, what loss percentage have you incurred (hypothetical) & time frame have you held the stock for; that is making you to begin to think "I may just have to cut my loss" & at what point do you think you will finally say "enough is enough", We move, and hit the sell button and move invested funds to another investment!!

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/41179_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

This is massive

Join the Investment Train

- Four months gone in 2024.
- Rates of debt instruments are looking good, reducing negative real returns
- The stock market is not doing badly at all.
Where is your money kept? or where is your money working?

Your money should not be left idle let your money work for you. Send your money on an errand!

You can invest in money market fund, fixed income fund, and the stock market to benefit
from all the high rates and the good market performance so far.

click the links on my signature to open an investment account for free or chat me up for guidance
on how you can send your money on errands.
currently, we have:
Money market funds
- Stanbic MMF: 17.64% net click the first link on my signature to start
- Norrenberger MMF: 18.21% goss chat me up to start

- Norrenberger Dollar Fund: 9.41% gross chat me up to start.

Fixed income fund
SfS capital fixed income fund: 14.52% net click the second link on my signature to start

Stocks
Investment One stockbrokers click the third link on my signature to start

With 5,000 you can start any of the investments.

Note: if you wish to invest in FGN Bonds and don't have a large capital, you can still benefit.
Fixed income fund is your best bet.

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/41179_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

This one loud o....Hope they repeat same feat in Q2.

Your rates are low, when Meristem MMF is giving 18.94% gross

emmasoft:

Join the Investment Train

- Four months gone in 2024.
- Rates of debt instruments are looking good, reducing negative real returns
- The stock market is not doing badly at all.
Where is your money kept? or where is your money working?

Your money should not be left idle let your money work for you. Send your money on an errand!

You can invest in money market fund, fixed income fund, and the stock market to benefit
from all the high rates and the good market performance so far.

click the links on my signature to open an investment account for free or chat me up for guidance
on how you can send your money on errands.
currently, we have:
Money market funds
- Stanbic MMF: 17.64% net click first link on my signature to start
- Norrenberger MMF: 18.21% goss chat me up to start

Fixed income fund
SfS capital fixed income fund: 14.52% net click the second link on my signature to start

Stocks
Investment One stockbrokers click the third link on my signature to start

With 5,000 you can start any of the investments.

Note: if you wish to invest in FGN Bonds and don't have a large capital, you can still benefit.
Fixed income fund is your best bet.

Mpeace:
Best result so far. Eps from N2 to N16 wow
Profit after tas from 58billion to 457billion. This is unbelievable

This is financial engineering at its best. Look beyond the stated EPS

Coolcash1:


This one loud o....Hope they repeat same feat in Q2.

Please don't be deceive this is annualized EPS.

On GTB... NSE go explain tire

chipa:

Please don't be deceive this is annualized EPS.

It is not annualised. Calculate from the profit after tax and see.

lasisi:

This is financial engineering at its best. Look beyond the stated EPS

Loud am o make dem no hype the good result carry people wey dey pursue stock enter FIRE.
If dey over-price am, na to leave am for them o. The result is awesome but ...
Multiverse should be a warning. I know a lot of people who no gree hear word that are hurting o.

Paper profit na profit till e hang for your hand.

** My two cent.

UBA's expenses for employees wages and salaries doubled in the qauter . That's a good thing to see. No be only directors emoluments go de increase upandan. CBN needs to allow the banks pay shareholders more dividends as well.

Locotrader:


I will stop quoting you because of your arrogance unless you change.You claim superiority over everyone.You don't learn but full of challenges.

I don't understand how I am arrogant because I asked you about your business which across my heart I am truly interested in going into It. And I have start making equries of local fabricated machines and imported machines cost....oil palm business. I even sent you pm on it and you didn't respond. I am truly sorry for asking about your line of business. Pls don't quote me again.make you dey your side.You look at a man and telll him he is arrogant. Say watin happen. Do you feed me or do i know you from adam.Pls get lost.

Mpeace:
It is not annualised. Calculate from the profit after tax and see.

Sir I can bet you that there is no way GTB can make such revenue in 3 months. There is more to that. I hope that they will have conferences call to explain this their financial engineering. Please I will advise that we scrutinize everything from the banks during this offer period so that we don't fall prey to their antics.

Hogwarthtrades:

Na so we see am. Enjoy!!!! can't even remember completing the registrars form. CSCS /brokers/registrars gradually improving Even Veritas don dey send update

Abeg I don try I want to exit at my entry price 😀

Oga osita, you can see what I meant that banks will pump thr price before they come to market. They have started rolling the balls.i hope it was you we had that discussion in the past.what do you think will happen to bank stocks with this kind results we are seeing. Let see how the market reacts before they begin thr offers

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/41182_ZENITH_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

Zenith could only do half of what gtb did. Eps of N8. Not bad at all.

dapix:

Your rates are low, when Meristem MMF is giving 18.94% gross

Sincerely, I didn't put my post out here for competition. However, when it comes to mutual funds before you compare rates to know the one higher than the others, check the management fees.

Mpeace:
Zenith could only do half of what gtb did. Eps of N8. Not bad at all.

To Zenith's advantage it has better dividend payment vis a vis eps

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/41179_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

What is this other income that shot thr earnings to this kind level in just one quarter.

Streetinvestor2:
What is this other income that shot thr earnings to this kind level in just one quarter.

Zenith had a shot there too. But not as much as GTCO. UBA looks more organic and strong as it did't record outlier other income. Would be be good to know what this other income from GTCO and Zenith are. Perhaps open forex position CBN directed to correct the first couple of months. Good to know what exactly.

Where is FBNH results?

.

Mpeace:
Best result so far. Eps from N2 to N16 wow
Profit after tas from 58billion to 457billion. This is unbelievable

If they have made profit of 457 billion, then meeting the CBN requirements is a done deal

NERC unbundles TCN, orders registration of Independent System Operator

The Nigerian Electricity Regulatory Commission, NERC, has ordered the Bureau of Public Enterprises, BPE, to within 30 days register the Independent System Operator as a distinct entity from the Transmission Company of Nigeria, with the Corporate Affairs Commission.

The Nigerian Independent System Operator Limited will be responsible for managing the national grid and other system operations related market contracts and transactions.

TCN as a successor company of the defunct Power Holding Company of Nigeria, PHCN, was issued with two licenses by NERC as a Transmission Service Provider and Independent System Operator.

But NERC in the order signed by its Chairman, Engr. Sanusi Garba and Vice Chairman, Musiliu Oseni, ordered the Transmission Company of Nigeria, TCN, to transfer all system and market operations related assets, contracts and staff to the new entity.

The order formally unbundles the TCN into Transmission Service Provider, TSP and Independent System Operator, as prescribed in the Electricity Act 2023.

The Commission’s action is seen as a reaction to the frequent national grid collapses that have seen four nationwide blackouts this year.

The Commission ordered BPE to “incorporate, no later than 31 May 2024, a private company limited by shares under the Companies and Allied Matters Act to carry out the market and system operation functions stipulated in the EA and the terms and conditions of the system operation licence issued to TCN.

“The name of the company shall, subject to availability at Corporate Affairs Commission, be the Nigerian Independent System Operator of Nigeria Limited (“NISO”). ii. The object clause of the Memorandum of Association of the NISO as provided in section 1 6(2) of EA shall be as follows a. to hold and manage all assets and liabilities pertaining to market and system operation on behalf of market participants and consumer groups or such stakeholders as the Commission may specify; b. to carry out all market and system operation-related contractual rights and obligations novated to it by the Transmission Company of Nigeria; “c. to negotiate and enter into contract for the procurement of ancillary services with independent power producers, successor generation licensees, etc and generally carryout market and system operations functions as specified under the EA and the terms of its license in the interest of market participants and system users; d. to carry out all market and system operation-related contractual rights and obligations novated to it by the Transmission Company of Nigeria; the income and property transferred to it by the TCN or whensoever derived shall be applied solely towards the promotion of its objects as set forth in its incorporation documents and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, or bonus otherwise howsoever, by way of profit to the subscribers: provided that nothing herein contained shall prevent the payment in good faith of remuneration to any contractor or staff of the company in return for any services rendered to the Company”.

The Commission said the NISO’s initial subscribers shall be the Bureau of Public Enterprises and Ministry of Finance Incorporated (MOFI) while the final shareholding structure of NISO shall be determined after further consultations with government, market participants and industry stakeholders.

Source:
https://www.vanguardngr.com/2024/05/nerc-unbundles-tcn-orders-registration-of-independent-system-operator/