Willie2015:


U sure say UCAP go drop...
D pple wey go de queue go plenty...
at dat price..
Make we dey observe sha..

yMcy56:

It's supposed to be a peaceful protest, hope its addressed and stopped soon before the hoodlums hijacked it, and that has been the govt concern as well, that it should be peaceful as planned.

While the protest concerns everyone, we still shouldn't wish the country more woes aside what the masses are already facing.
We shouldn't forget to be praying for the country às well.

While this started yesterday, we still have more gainers than losers in the market......24 gainers against 13 losers.
If some stocks decline, it could just be an opportunity to pick lower. Waiting and wishing to cash out on unfortunate circumstances is unpatriotic I Blvd.

Bagwa:
Japaul 20B Loading, Coming days

yMcy56:

This is a good testimony and commendable.
Only say una no dey remember me in all these......no thanksgiving offering, nothing. 😁
Wow! From 1.5 to 11m......that's progressive.

Ikeja Hotels still have more rooms to deliver if the management continues this way.
I wish it can also move like Transcohot someday too.
If it does, make una appreciate me too o. 😊

yMcy56:
LINKASSURE
Someone is asking about the Dividend, it was paid yesterday/today.
Bonus can't be immediate, will be added to your CSCS much later.

Raider76:


I have not bought ANY ETFs myself but I attach a list of them. You may check with your brokers.

ade205:
I pray and hope that the violence is curtailed and the protesters demands are addressed appropriately

Mankind2024:
A Spotlight on Ikeja Hotels Plc
Ikeja Hotels has put the past boardroom crisis behind it and is now thriving. The company's 2024 Q2 unaudited financial statements show excellent performance across all bottom lines. Profitability seems to be synonymous with Ikeja Hotels, as evidenced by the significant improvement in earnings per share from 19 kobo to 62 kobo for the group within a year.
The comprehensive income is commendable.
The cost of revenue was prudent, allowing for a substantial gross profit. Notably, the company has diversified its energy sources, including diesel and alternative energy, and imports continental foods, fabrics, and lighting systems, which adorn the Sheraton Hotels.
In contrast, MTNN cited imaginary forex losses and excessive cost of revenue to justify the lack of returns on our investments. This raises questions for NSEMPA investors to ponder.
Upon reviewing Ikeja Hotels' past performance, I realised that I had overlooked a hidden gem in my portfolio. Despite the aggressive rebalancing I did in December 2023, I decided to retain my shares, and it has paid off. This is a testament to the power of long-term investment over short-term gains. My initial investment of N1.5M in 2022 is now worth over N11M in 2024, Keeping up with inflation in forex term and growth.
I must credit our esteemed Madam YMcy56, who brought Ikeja Hotels to my attention in 2021 and 2022. Her insight prompted me to conduct due diligence, which has yielded a bountiful harvest. Kudos to Ikeja Hotels' management team, whose expertise and experience are driving the company's success.
The cancelation of RI and bonus that was announced is highly welcome.
The reasonable non-executive directors' remuneration, capped at N2M per year, is also noteworthy. I am proud of the company's progress and its ability to navigate inflation through capital appreciation and dividends.

0neal:


Thank you Sir

Stanbicetf30 caught my eyes, because of the known name "Stanbic Bank"
I think I will go for Vetgrif30 when I am ready.

emmasoft:


Exactly! We said it severally here, when it comes to bonus payment dates, it's not always stated like cash dividend because other protocols are involved before the crediting of investors' cscs account, all you should be concerned about is whether you are qualified or not. Once you are qualified, there is nothing to worry about you will see the declared bonus in your cscs account unannounced.

SonofElElyonRet:
Google charterhouse school lagos. High brow British International School opening in September in Lekki Ajah Area of Lagos. Nigerians are withdrawing their children from schools in Britain and enrolling them in Charterhouse Lagos to save foreign exchange. School fee is N42m per annum...
I have both commercial and residential plots with registered deed of assignment (governor's consent) for sale in an estate on the same major road where the school is.. projected to enjoy astronomical value appreciation when the school opens in September.. just putting it out there...

yMcy56:

This is a good testimony and commendable.
Only say una no dey remember me in all these......no thanksgiving offering, nothing. 😁
Wow! From 1.5 to 11m......that's progressive.

Ikeja Hotels still have more rooms to deliver if the management continues this way.
I wish it can also move like Transcohot someday too.
If it does, make una appreciate me too o. 😊

cocolacec:

Send this to Yahya Bello.

Willie2015:


Try Newgold
Just make sure u buy low ...
And patiently wait...

cocolacec:

Send this to Yahya Bello.

Mankind2024:
"A note to NSEMPA's long-term investors"
The Customs Street Market Maker Conspiracy Against Dividend-Paying Stocks on NGX.
Market makers are manipulating OANDO plc's share price, driving it up based on anticipated future revenue, untapped potential, and current momentum. while neglecting the trillion Naira humongous debts and liabilities of OANDO plc.
This is precisely what they want - to create a false sense of value. Their strategy is to get you to buy when they're selling and sell cheap when they're buying.
Consider Zenith Bank, which has outperformed in all aspects (Top and bottom lines) but is now experiencing massive dumping. This is likely to continue due to the 70% Forex gains and Rights Issue priced higher than the current market price. The same applies to other SWOOT banking stocks.
Don't fall for the trap; investment is a marathon, and real wealth is built in a bear market. If market makers attempt to drive FUGAZ prices down to less than 10% of the three-month low recorded in May 2024. This should create an order block for long-term self-investors. The win is in the waiting.
Red days are imminent, but don't run away - you can't trade or compete against market makers due to their deep pockets.
Zenith Bank at N31 is imminent. The concept is to buy low from impatient investors and sell to greedy investors at substantial prices. This is the secret of institutional stock investors and market makers globally. The only winners are long-term investors.
Some may argue that NGX is not the place for this, but I disagree. I still hold fundamentally sound stocks that have returned 700% ,600%, 400%, and 350% in my portfolio. This is the time to invest in fundamentally sound stocks. The OANDO wave will soon obey the law of gravity due to lack of fundamentals. Don't be greedy with the current momentum; it has happened before. In a few days, Customs Street market makers will subject OANDO to the gravitational law of attraction.
OANDO enthusiasts, savor the uptrend while it continues.
NB- I'm out of OANDO.

Mfunkynation:

Good morning dear...
Has Ikeja hotel cancel the first bonus the announced?

sophy17:




I don't see any other protocol here. We are just inefficient or many times just choose to be wicked in this Country.
I have always gotten my dividends, bonus shares/stock split and even voting rights immediately on due dates which is pre annouced, in all my foreign invested companies without making any effort.

mikeapollo:


You only realized the debts and liabilities of Oando and that they are manipulating the price after you exited?

By the way, the new stocks that you have acquired with the proceeds (and others in your portfolio) are also being manipulated by the same people that you claim are manipulating Oando.

Mankind2024:
Ikeja Hotels has withdrawn its proposed rights issue and bonus, and is now reporting profitability. The company's liabilities are primarily composed of shareholders' equity and pension obligations.

Picky1:


What are we buying today o?

Mankind2024:
Liquidity is a concern for listed ETFs on NGX

Mankind2024:
You are highly misinformed. I regularly review my portfolio and divest from any company where the risks outweigh the benefits. By the way, when did you first acquire OANDO shares? I don't have time for petty issues. My money, my sweat, my labour, my investment - I manage my portfolio myself. I use this platform only to share my personal experiences. I never advised you to buy, sell, or hold. I express my observations, and you can't silence me. If things improve tomorrow, I can re-enter OANDO without owing you an apology.

Mankind2024:
Oh, ye defenders of MTNN, you forgot to mention the truth - that MTNN is now being run on depositor loans taken from Nigerian banks despite the huge revenue figures. Where were you when MTNN siphoned $15 billion from the Nigerian economy? Nigeria did not collapse. Nothing will happen; no one is indispensable. MTNN remains a forex guzzler. I have never seen a company that loves our forex reserves like your beloved MTNN.
Long stories change nothing. I accept the truth that MTNN is undesirable yet unavoidable.

Raider76:
UCAP opened on full bid @12.15.

Raider76:
UCAP opened on full bid @12.15.

Streetinvestor2:


Nothing...I stand with protesters.A hungry man is an angry man