Coolcash1:


NO DIVIDEND FOR 2016 FINANCIAL YEAR....

ok thanks

passwelle:

welcome back sir

Intendy:
stocks with new 52 week highs

Air services #3.73k

Okomu oil #50.01k

NDEPC #143.00k (NASD traded)

no stocks with new 52 week lows

chai!!! once in a blue moon "no stocks with new 52 week lows"

holm:
Oando made profit in FY16.



http://www.nse.com.ng/Financial_NewsDocs/17315_OANDO_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_APRIL_2017.pdf

Loss for the year from continuing operations (25,806,484)

Discontinued operations
Profit/(loss) after tax for the year from discontinued operations 26 29,300,521

Profit/(loss) for the year 3,494,037.

holm:


Loss for the year from continuing operations (25,806,484)

Discontinued operations
Profit/(loss) after tax for the year from discontinued operations 26 29,300,521

Profit/(loss) for the year 3,494,037.

I TIRE OH

fxuser:


below expectations within my estate !

Thanks.

holm:


Loss for the year from continuing operations (25,806,484)

Discontinued operations
Profit/(loss) after tax for the year from discontinued operations 26 29,300,521

Profit/(loss) for the year 3,494,037.

Operating costs and admin exps need to be pruned. Efficiency in asset utilisation should be increased and cost to income ratio require to be reduced and maintained within industry band. The company is still technically over trading and might not be out of the woods yet. Management's financial management is poor and liquidity weakened as bulk of it's funds are in customers hands showing inefficient debt recovery system.

Conspicuously staring at one's face is the increase in the company's leverage. The fact is Oando's financial risk is still very high and exposes investors money to downside risk. This implies that the various spin offs during the year by management yielded little or no benefits.

The profit is what I will describe as pure accounting profit and not organic induced from operating efficiency. Thanks to the tax benefit from loss recovery and gain from disposal of less productive business.

Disclaimer: the analysis above is just for members info and should not be construed as a recommendation to buy, sell or hold.

Coolcash1:


Operating costs and admin exps need to be pruned. Efficiency in asset utilisation should be increased and cost to income ratio require to be reduced and maintained with industry band. The company is still technically over trading and might not be out of the woods yet. Management's financial management is poor and liquidity weakened as bulk of it's fund are in customers hands showing inefficient debt recovery system.

Conspicuously staring at one's face is the increase in the company's leverage. The fact is Oando's financial risk is still very high and exposes investors money to downside risk. This implies that the various spin offs during the year by management yielded little or no benefits.

The profit is what I will describe as pure accounting profit and not organic induced from operating efficiency. Thanks to the benefit from loss recovery and gain from disposal of less productive business.

Disclaimer: the analysis above is just for members info and should not be construed as a recommendation to buy, sell or hold.

Continuing operations made a loss, sir. So the profitable operation was sold

*.

I am still in shock that 500k was paid to me by UCAP as dividend, the first time in my life I got such a money ...my strategy is to increase my earnings through dividend by 50% each year, as I go for dividend paying stocks. I discovered that I am a dividend type. I see that there are a lot of traders here. I have some units of Skye Bank with Meritrade,a big mistake as I wanted to test the waters. I am so happy. please I need more dividend stocks-in the class of UCAP- under 2.50k, that I can acquire more volumes . Daalu nu, ego amaka

Coolcash1:
Mobil at N315 while Total is N260... Who says NSE is not fraud ?

Since loco has gone spiritual because of FCMB, then nothing stops me too from doing same on TOTAL...Every forces dragging TOTAL down, what are you waiting for, fall down and die...

#Straight Face

Continue..... When we don't have details about a matter, it is always better not to jump into conclusion.

http://thenationonlineng.net/nipco-takes-exxonmobils-60-stake-mobil-oil-nigeria/

Summary: NIPCO wants to buy out minority shareholders at the same unit price(most likely), Exxon Mobil sold to them N417.12
Same applies to every other unknowns on the NSE. Those that know would be making the move while the know-nots will be watching the stock price and be like "what's going on in ****?

Someone was comparing PZ and Unilever with UACN the other day. Both are tightly held by their parent companies unlike UACN hence the reason the share prices won't and can't respond the same way. UACN will crash faster (with negative news) and rise slower (with positive news).

The Central Bank of Nigeria
(CBN), Monday, injected another
$240 million into the nation’s
foreign exchange market to
sustain Naira’s gains against the
Dollar and other hard currencies. Of that amount, $90 million was to
meet requests for invisibles such
as BTA/PTA, medical and school
fees. The balance of $150 million
was given to authorized FOREX
dealers in the interbank wholesale auction window. The Bank’s Acting Director in
charge of Corporate
Communications, Isaac
Okorafor, confirmed the figures,
disclosing that the CBN had
adjusted BDC sale days to Tuesdays only to reduce
logistical difficulties. He added
that henceforth the apex Bank
would sell $10,000 only to low-
end forex dealers once a week,
instead of the twice weekly earlier announced. According to Okorafor, in a bid to
further ease the access of
customers, the CBN has also
directed all banks to pay cash
over the counter to desiring
foreign exchange customers. While urging the banks to oblige
the genuine requests .

PLEASE HOUSE WHAT ARE THE DETAILS OF THE DIVIDEND DECLARED BY ETERNA.[font=Lucida Sans Unicode][/font]

Manonamission:


Continue..... When we don't have details about a matter, it is always better not to jump into conclusion.

http://thenationonlineng.net/nipco-takes-exxonmobils-60-stake-mobil-oil-nigeria/

Summary: NIPCO wants to buy out minority shareholders at the same unit price(most likely), Exxon Mobil sold to them N417.12

Thanks bro for this timely and vital info. Dont know how it eluded me. Hope someone also buys Total over too to create massive cap appreciation...

Coolcash1:


Thanks bro for this timely and vital info. Dont know how it eluded me. Hope someone also buys Total over too to create massive cap appreciation...

According to CSL today: MOBIL – There was an off-market trade of 216,357,157 units at N417.12 which relates to the NIPCO acquisition of 60% stake in Mobil downstream.

Houstency:


Still waiting for response please

You might need to confirm elsewhere and that's if I got your question correctly, there are indexes traded on the NSE. However, I am not sure it is in the manner you are familair with. What obtains here are funds or pool of funds that trade stocks listed in a market segment eg banking, consumer group, NSE 30 etc. These funds are listed and traded on the NSE. Examples are Stanbic IBTC ETF 30, Vetiva banking ETF, Vetiva Industrial ETF etc.

http://thenationonlineng.net/oando-posts-n3-5b-profit/. Something to ting the market reaction! Oando!

Wish the house can evaluate prospects in Oando disclosed result. The performance is stunningly impressive truely.

Any dividend

Good morning BNSITL, please is there any propose dividends from NEM

makashava:
Wish the house can evaluate prospects in Oando disclosed result. The performance is stunningly impressive truely.

I do not know what you intend to achieve by saying performance is stunningly impressive. The company is dying

The Central Bank of Nigeria on Monday directed all banks to pay cash over-the-counter to desiring foreign exchange customers. The directive, according to the Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, was issued to further ease the access of customers to foreign exchange. He said that the apex bank had also released the sum of $240m to meet genuine demands from users of foreign exchange. Out of this amount, he stated that the CBN released the sum of $90m to meet requests for invisibles such as business and personal travel allowances, as well as medical and school fees. He added that the balance of $150m was offered to authorised forex dealers in the interbank wholesale auction window. Okorafor also disclosed that the apex bank had adjusted the sale of forex to the Bureau De Change operators to Tuesdays only in order to reduce logistical difficulties. He added that henceforth, the CBN would sell $10,000 only to low-end forex dealers once a week.

Nigeria is set to boost her daily production of crude oil as the Nigerian Agip Exploration Limited (NAE) begins work on Zabazaba deep water project that is expected to gulp $13.5 billion. The oil giant will begin to receive commercial proposals for the project this month (April). The request for commercial tenders from bidders followed the finalisation of the technical evaluation for the main packages of the project by the Nigerian Content Development and Monitoring Board (NCDMB) and NAE, with the aim to maximize local content. The packages included the Floating, Production, Storage and Offloading (FPSO) units, subsea, installation and rigs. The Executive Secretary of Nigerian Content Development Monitoring Board (NCDMB), Simbi Wabote, explained that the board fast tracked its evaluations and approvals on the Zabazaba project to increasing Nigeria’s crude oil production and creating opportunities for the growth and development of Nigerian content. To bring the project to fruition .

http://www.nse.com.ng/Financial_NewsDocs/17315_OANDO_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_APRIL_2017.pdf


No Dividend Proposed!!

At least they are now back in Black!

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/17315_OANDO_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_APRIL_2017.pdf


No Dividend Proposed!!

At least they are now back in Black!

Oga you also fell for this.

rebekah2011:


Oga you also fell for this.

How we for do na?

At least the shareholders can see that the company may finally be rescued with enough sale of assets and tax credits..

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/17315_OANDO_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_APRIL_2017.pdf


No Dividend Proposed!!

At least they are now back in Black!

Are they really back? Can this result be trusted? Are the profits not down to asset sales? Anyway, time will tell.

Houstency:
Hello senior investors and gurus around, I'm a total beginner investor. Please i need clarifications on the following questions?

1) Does NSE have any active Stock Index traded on it, like in U.S.A, Canada etc?
2) Does NSE have any active Bond Index traded on it?
3) Does NSE have any active International Stock and Bond index traded on it?
4) Does NSE have any active exchange traded index traded on it?
5) Can a prospective investor purchase the NSE All Share Index? If yes what are the procedures involved.

Anyone with idea should kindly reply please with examples and i would carryout my due diligence. Thanks plenty as you reply

Naira

The Vetiva Sector Series Exchange Traded Funds (Vetiva Banking ETF | Vetiva Consumer Goods ETF | Vetiva Industrial ETF)

Link:
http://www.vetiva.com/funds/sectorseries.html


Dollar


Link
https://www.globalxfunds.com/funds/nge/

Ticker NGE
Primary Exchang NYSE Arca
Net Assets $39,400,330.69
Management Fee 0.68%
Other Expenses 0.42%
Annual Fund Operating Expense 1.10%
Shares Outstanding 2,462,135
30-Day SEC Yield 1.65%