Omooloriredade:


If I'm not mistaken, your rationale for investing in Unity bank was because of your belief that the bank is on its way to profitability. Judging by the profit forecast released by the bank, we can safely assume this will eventuate.

However, I think you may be misinterpreting the Providus bank vs Unity bank "merger". Technically, the CBN has just bailed Unity bank or saved Unity from going under by selling it to Providus bank with some extra cash bonus to keep the enlarged entity going. Providus is the winner here not Unity. Enlarged entity is 80% Providus and 20% Unity. What is Providus history as a bank sef? Unity bank shareholders will be issued new shares equivalent to a quarter (or 25%) of the current value of Providus bank. I hope for your sake that CBN and Providus intend to have the enlarged entity listed. Otherwise, I'm not sure there is much to get excited about here. I'm just a bit confused about the excitement here. Maybe I'm missing something.

KarlTom:
TOE is in the good books of BAT.
What better time than now to declare interest in the lucrative oil wells...

Heirs Energies Oil Portfolio (TNOG Oil&Gas and Tenoil) currently operate OML 17 (27,000 boepd), Ata Field (3,500 boepd), OPL 218, OPL 2008.
Imagine of TOE/HH had one oil well. JUST IMAGINE

Chairman of Heirs Holdings(HH), Tony Elumelu once said this about TRANSCORP in January 2021:
“We have a very clear vision: creating Africa’s first integrated energy multinational, a global quality business, uniquely focused on Africa and Africa’s energy needs. The acquisition of such a high-quality asset, with significant potential for further growth, is a strong statement of our confidence in Nigeria, the Nigerian oil and gas sector and a tribute to the extremely high-quality management team that we have assembled. As a Nigerian, and more particularly an indigene of the Niger Delta region, I understand well our responsibilities that come with stewardship of the asset, our engagement with communities and the strategic importance of the oil and gas sector in Nigeria. We see significant benefits from integrating our production, with our ability to power Nigeria, through Transcorp, and deliver value across the energy value chain.”

TRANSPOWER came in Q1 2024...

Streetinvestor2:
This one is making noise so that he can be added to the looting.He last week praised the 70% forex gain.He has direct access than many to balablu. He should help us as directly. He needs the oil well now.It is not easy for president to come to your house after winning election.That means you must have represented well

Streetinvestor2:
This one is making noise so that he can be added to the looting.He last week praised the 70% forex gain.He has direct access than many to balablu. He should help us as directly. He needs the oil well now.It is not easy for president to come to your house after winning election.That means you must have represented well

KarlTom:
I love how you see the bigger picture.
UNITY returning to profitability is solely dependent on sentiments not any earnings forecast. Where will they get the funds for operations to make any profit
Current shareholders can enjoy a brief period of profitability IF the suspension is lifted before the 'merger' news/details is officially announced...

Nothing is 100% certain at this moment

KarlTom:
TOE is in the good books of BAT...

Raider76:


It's very possible that there are at least 5 to 10 other Nigerians with as much money as Alhaji, but the monies are hidden. Imagine if just 5 of them take 10 different sectors and industrialize them just as Alhaji has done. Nigeria would have been great.

KarlTom:
TOE is in the good books of BAT...

presiade:

Same here


Who do you bank with?

KarlTom:
I love how you see the bigger picture.
UNITY returning to profitability is solely dependent on sentiments not any earnings forecast. Where will they get the funds for operations to make any profit
Current shareholders can enjoy a brief period of profitability IF the suspension is lifted before the 'merger' news/details is officially announced...

Nothing is 100% certain at this moment

leparj:
Till now.
Yet to get Ucap interim dividend.
Hope I am not alone.

Jerekre:

You are not alone, I have not received mine as well

dammybrite:


UBA

megawealth01:


It's not for free sha

aj8:
please

Ikeja Hotel

H1=62k
FY=0.62x2=1.24
Common Sense Value ( lower) = 1.24 x 4 =. N4. 96
Common Sense value (upper) =1.24 x 5 = N6.20
Target Price Range =N4.96 - N6.20
Current price = N6.8
Hence Overvalued by the strategy. NOT A GOOD BUY AT THE CURRENT PRICE. ALLOW TA TO SUPPORT. Please see charts.


Please also note that dividend payment is poor to bonds and treasury bill yields so if penalized by applying a 75% marked down of the lower value, would fall to N3.72.

For me, it's not a good buy except well below this figure. That's for me though.!!!

emmaodet:
Hello bro.
Please can you use your valuation for Custodian Investment? The HY EPS is 377k / #3.77 and CP is #11.7.
Using your valuation, the FVE is #22-#25 but her current CP is close to her 52 weeks high already.

Alagbalaowo:




Thank you aj8 for this formula.
I would like to know if the (2) factor is constant for both penny stocks and large stocks?

aj8:


So?
So why did the Managing Director Mr. Wole Oshin purchase over 19 million units on 7th June 2024 at an average price of N10.56? I don't think it's for 15 kobo dividends alone? It must get why! At best replicate this or better still buy below this price. That is if it eventually falls below this before it starts heading north. I would jump in at any price around 10.50 or lower, topping up should it dip further. Target still 22.00. Likely to do well.

Still do your DD.

ikemeze:



Please do CWG

zendi:

The person who gave this biz the name SPECULATION was a genius. The Oando situation now is rather very simple. IF delisting has now died a natural death, then OANDO buyers have not even come to market yet. With the latest acquisition, Oando sits on a bigger reserve of crude oil (plus power plant) than Seplat, and sells at a little fraction of Seplat's market capitalisation, larger debt not withstanding.

aj8:



Too many red flags…. Inventories and receivables.

Streetinvestor2:
It is obvious you went through the result what was the percentage of forex gain to the total revenue. Or thr was no forex gain in the result .I want to be sure the present eps is not forex gain imput

ikemeze:
. Thanks . I sent you email. Please check it

aj8:


Can anybody please educate me on how to check mails on this platform . Some may actual feel I am ignoring them. Ndo!

aj8:


Can anybody please educate me on how to check mails on this platform . Some may actual feel I am ignoring them. Ndo!

leparj:
Till now.
Yet to get Ucap interim dividend.
Hope I am not alone.

ikemeze:



Please do CWG

aj8:



PLEASE DO YOUR RESEARCH. ITS CALL DUE DILIGENCE ANYONE COULD BE WRONG AND THAT INCLUDES ME. YOU ARE YOUR CEO. WE ARE ALL TRYING THE BEST TO HELP ONE ANOTHER GET THROUGH THESE DIFFICULT TIMES. TO GOD ALONE WE OWE ALL WE HAVE AND ARE. Just note the NCI ( Non - non-controlling interest). Rather small here.

COMMON SENSE STRATEGY TO WORK MUST BE BASED ON ORGANIC GROWTH. PLEASE GO THROUGH MY EARLIER POST.

Did you notice the multiple insider trades? June 2024.