Mankind2024:
Investors count losses as brewery sub-sector wobbles under high OpEx, FX volatility

https://guardian.ng/business-services/capital-market/investors-count-losses-as-brewery-sub-sector-wobbles-under-high-opex-fx-volatility/

Will all these wobbles not reach the banks with huge impairment losses in the months and quarters ahead if the wobbling is not halted ?

BabsO2:


Will all these wobbles not reach the banks with huge impairment losses in the months and quarters ahead if the wobbling is not halted ?

Like they will always say,banks will always find a way out. don't mind Agba that's waiting for Access @ #6

BabsO2:


Will all these wobbles not reach the banks with huge impairment losses in the months and quarters ahead if the wobbling is not halted ?

Nigerian banks can withstand moderate to severe financial tsunami.
The daily cash flows and fleecing antecedents of the banks make it possible for them to continue profitable operations despite impairment of loans.
It would take a monumental corruption to wreck the Banks.
Inflation or deflation, forex loss or gain, the Bank will always fleece their customers and shareholders.
They are still one of the main stay of Nigeria non-oil economy.

dapix:
Ding Ding

...If it's not @KarlTom, e no fit sound like KarlTom

Mankind2024:

Nigerian banks can withstand moderate to severe financial tsunami.
The daily cash flows and fleecing antecedents of the banks make it possible for them to continue profitable operations despite impairment of loans.
It would take a monumental corruption to wreck the Banks.
Inflation or deflation, forex loss or gain, the Bank will always fleece their customers and shareholders.
They are still the main stay of Nigeria non-oil economy.

I recommend you see the profit generated from their diaspora branches.

But notwithstanding, I don't rule out some wobble. However, current levels can make for strategic entry points..
Cc BabsO2

Zagee:


I recommend you see the profit generated from their diaspora branches.

But notwithstanding, I don't rule out some wobble. However, current levels can make for strategic entry points..
Cc BabsO2

https://nairametrics.com/2024/05/29/nigerian-banks-investment-in-foreign-branches-pays-off-with-n627-billion-in-pre-tax-profit-generated-in-2023/

Nigerian Banks are well positioned to withstand storms.
Only a monumental disaster can wobble them

BullBearMkt:

...be careful o Agba

U go wait tire

ndept:
https://doclib.ngxgroup.com/Financial_NewsDocs/41335_STERLING_FINANCIAL_HOLDINGS_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MAY_2024.pdf

EPS of 75k as against 46k in 2022. No dividend proposed by the Directors.

Lemme quickly go and sell! Rubbish people

leparj:

U go wait tire

...are you afraid of quoting the person who wants to buy at a low price?

dapix:
Ding Ding

Null void and of no effect.. 1 minute too early.... we already have an appointed bell ringer... usurper you !

BabsO2:


Will all these wobbles not reach the banks with huge impairment losses in the months and quarters ahead if the wobbling is not halted ?

This may likely get to First Bank if the mediocre or corrupt management does not turn a new leaf.

What befell defunct Skye Bank may likely befall First Bank in the next 10 years.

BullBearMkt:

...are you afraid of quoting the person who wants to buy at a low price?

Lol.
Him go beat me?
Was an error.
Dat reply is for Agba waiting for
Access @ N6

leparj:

Lol.
Him go beat me?
Was an error.
Dat reply is for Agba waiting for
Access @ N6

I know, just kidding!

Ades1:

Lemme quickly go and sell! Rubbish people

🤣🤣🤣🤣🤣🤣🤣🤣

Your moniker is suspicious...

sterlingD:

🤣🤣🤣🤣🤣🤣🤣🤣

BullBearMkt:

...If it's not @KarlTom, e no fit sound like KarlTom

even time keeper dey get assistant
Assistant time keeper is allowed

sterlingD:

🤣🤣🤣🤣🤣🤣🤣🤣

Sterling laughing at Sterling?
Nothing wey musa no go see for gate

EDUECO:

This may likely get to First Bank if the mediocre or corrupt management does not turn a new leaf.

What befell defunct Skye Bank may likely befall First Bank in the next 10 years.

hey friend, your vent on the Elephant is really too much, it show that u had put all ur hope on them and was expecting too much from their dividend which they never delivered. dont put too much emotion on stock trading, u can just sell and move on c’est fini.

Nigeria’s Dangote refinery is planning a dual listing on the London and Nigerian stock exchanges, a senior executive announced on Tuesday.

On Tuesday, media reports quoted Aliko Dangote, the Chairman of the Dangote group, stating that he might attempt to list the company in Nigeria by the end of the year.

Devakumar Edwin, the Dangote refinery executive, told Reuters that the Nigerian Stock Exchange alone would not be able to handle the refinery exclusively giving way to the London listing.

DANGREFINE?
DANGPETROL?
DANGOIL?


https://nairametrics.com/2024/05/29/dangote-refinery-plans-dual-listing-on-both-the-ngx-and-the-london-stock-exchange/

Good dividends received.
Meyer
Seplat
Keep it up.
Representing good yields from 🪴 planting to Harvesting season.
🦾🦾🦾🦾🦾🦾🦾.
Worthy of mentioning, something good is being brewed @Morrison. Time will tell.

EDUECO:

This may likely get to First Bank if the mediocre or corrupt management does not turn a new leaf.

What befell defunct Skye Bank may likely befall First Bank in the next 10 years.

First bank really do you strong thing

Mankind2024:
Good dividends received.
Meyer
Seplat
Keep it up.
Representing good yields from 🪴 planting to Harvesting season.
🦾🦾🦾🦾🦾🦾🦾.
Worthy of mentioning, something good is being brewed @Morrison. Time will tell.

how much did meyer and seplat pay

Mankind2024:
Good dividends received.
Meyer
Seplat
Keep it up.
Representing good yields from 🪴 planting to Harvesting season.
🦾🦾🦾🦾🦾🦾🦾.
Worthy of mentioning, something good is being brewed @Morrison. Time will tell.

Got my seplat too. Expecting another by 14th june. Seplat dey try well well

Which news should we be expecting from sugar or this maximum gain for two days is just traders doing thr thing

1.Alhaji resubmit the marger document from back door
2 The rice company has kick started

3.Or just good will from the brand name as per the news of listing of the refinery and others in the near future

Streetinvestor2:
Which news should we be expecting from sugar or this maximum gain for two days is just traders doing thr thing

1.Alhaji resubmit the marger document from back door
2 The rice company has kick started

3.Or just good will from the brand name as per the news of listing of the refinery and others in the near future

Its a risk to be out of dang group of companies until the announcement.
E go happen like rapture.

Mpeace:
Its a risk to be out of dang group of conpanies until the announcement.
E go happen like rapture.

Give me some INSURANCE

These figures are M@D

CONHALL PAT rose 589% to NGN3,769,150,000 from NGN547,015,000
IEI PAT rose 2294% to NGN5,576,278,000 from NGN232,901,000

KarlTom:
Nigeria’s Dangote refinery is planning a dual listing on the London and Nigerian stock exchanges, a senior executive announced on Tuesday.

On Tuesday, media reports quoted Aliko Dangote, the Chairman of the Dangote group, stating that he might attempt to list the company in Nigeria by the end of the year.

Devakumar Edwin, the Dangote refinery executive, told Reuters that the Nigerian Stock Exchange alone would not be able to handle the refinery exclusively giving way to the London listing.

DANGREFINE?
DANGPETROL?
DANGOIL?


https://nairametrics.com/2024/05/29/dangote-refinery-plans-dual-listing-on-both-the-ngx-and-the-london-stock-exchange/

I am ready and waiting with bated breath

Emeka1441:
how much did meyer and seplat pay

Meyer pd N0.3
Seplat pd $0.03 cent or N42

Mankind2024:

Meyer pd N0.3
Seplat pd $0.03 cent or N42

Did you receive the special dividend too? It's supposed to be 6cents in total

KarlTom:
Give me some INSURANCE

These figures are M@D

CONHALL PAT rose 589% to NGN3,769,150,000 from NGN547,015,000
IEI PAT rose 2294% to NGN5,576,278,000 from NGN232,901,000

Dividend na koko.. make dem no pull an FBN one on their shareholders

janga:


hey friend, your vent on the Elephant is really too much, it show that u had put all ur hope on them and was expecting too much from their dividend which they never delivered. dont put too much emotion on stock trading, u can just sell and move on c’est fini.

I sold a long time ago,but I'm kind of warning those folks who are new to equity investment.