Stats: 3,181,949 members, 7,915,747 topics. Date: Friday, 09 August 2024 at 09:53 AM |
Nairaland Forum / Rebekah2011's Profile / Rebekah2011's Posts
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It cannot be Mobil again. They have changed their name to double 11 plc. The owners of NIPCO bought controlling shares in Mobil Plc when Mobil Nigeria Plc parent company divested back then. The company holds quite a number of properties it acquired during the purchase and if they have decided to acquire more properties to diversify the revenue base of the company. That is a good move. dipoolowoo: |
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I do not think anyone in Zenith should unnecessarily panic. DeRuggedProf: |
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UPDC Reits continue to fall in price. sky2891: |
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Many Nigerian FMCG companies are going to report lower revenue. The border closure is never in their favour. PETERiCHY: |
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That UPDC is not just it for me. nna777: |
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The challenge I have is that the interest income will be badly affected going into the year 2020 if the CBN continues with the madness playing out in the fixed income space. It is good for serious accumulation. http://www.nse.com.ng/Financial_NewsDocs/28010_UPDC_REIT_-_Q3_RETURNS_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf emmanuelewumi: |
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MTN that some analysts are seeing at N180. Toluway: |
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I think 90 naira Toluway: |
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I do not see it coming down to that level. RabbiDoracle: |
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Me ke? Just trying to open people's eyes ni. RabbiDoracle: |
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I have been searching through the news to know the companies that really signed the 20 years deal with NLNG. is it NAOC or OER. NAOC is the operator of most of Oil assets where OER is a joint venture partner. The way these guys push out news to prop up the market price is way way beyond me. Sometimes I tempted to agree that investing in stocks quoted on NSE is like gambling. |
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http://www.nse.com.ng/Financial_NewsDocs/28431_OANDO_PLC_CORPORATE_ACTIONS_DECEMBER_2019.pdf dipoolowoo: |
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The meeting was called to discuss 2020 budget. The unbundling of the group has been put out since. OakPearl: |
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Arhhhhhh. 50 kobo dividend ke? Max will be 35kobo. Uchetoba: 2 Likes |
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What type of error is this now? Madam make you no give people hypertension now Mcy56: |
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the FA guys are really receiving nice bashing. I hope they will not panic sha Mcy56: 2 Likes |
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I think that former Chairman Dr Lekan Are stayed too long in that coy. The business may die in the next few years if care is not taken. bigjay01: |
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When I saw the profit warning, I also went into panic mode but I checked on the figures for 2018 and 2017 and Q2 2019. The turnover for the 3 periods are as follows 2.3b, 1.8b, and 1.65b. How they ended up budgeting 2.6b turnover for Q3 was totally ridiculous. As of Nov 2019, the turnover is 1.8b meaning that Q3 2019 may likely end around 1.85b, higher than full year 2017. It must also be stated that the expenses of the coy have gone up and the profit for 2020 Q4 may likely end in a marginal loss or lower profit of 109m declared in full-year 2019. 50kobo will be overkill as UPDC and many other bad stocks are not even selling below N1. If it gets to N1 or below, I will try and buy more. But the price must definitely go lower between now and next week. RabbiDoracle: |
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Oga Oracle. 50kobo ke RabbiDoracle: |
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Oga, please carry your insurance business comot from here joor. We only do stock market investment here. [quote author=Mystical888 post=84650507] 2 Likes |
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1 Like |
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This is apt. Oga Owoblow you are the latest version of Oga OGG[quote author=owoblow77 post=84639777] |
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Oga Loco, you have become an expert on JIJO locodemy: |
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Madam, what do you want people to talk about the downstream sector that is seriously challenged? The owner that paid 66b plus and the market value is not even up to quarter of that. His focus is on recouping his investments. Majority shareholders in companies are not bothered about the market price Ditto with CCNN Mcy56: |
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Thanks. Mpeace: |
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I agree Sir. But with Oga Loco deciding to sell, I cannot guarantee that it will go north oooo Calebbold: |
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Oga Loco's exit will create a PANIC in the market. Imagine 1b units trying to exit FCMB on Monday. I suspect we are going to have a bear Monday mendes911: |
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Oga Loco, do not be in a haste to bail out of FCMB oooo. They have a very good MM. locodemy: |
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I am trying to find out the subsidiary of FCMB with this name. Anyone that knows should please help me.
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FCMB Q3 for the bank was audited. That is why I do not take First Bank unaudited results serious. mendes911: |
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The coy had sold its juicy unit to Suntory Beverages. The coy plan to hand over the production of most of its products to Fidson healthcare in the next few years. GSK has made its future plans known that it is a candidate for delisting. Buying its shares for anyone will just be to cash out like DFM. [quote author=BAMOFIN1 post=84452196][/quote] 2 Likes |
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