orumwenseosahon:
Geregu Power Plc (GPP) on Wednesday became the first power generating company in the country to be admitted into the Mainboard of the Nigerian Exchange Limited (NGX) by way of listing by Introduction (LBI).

The company, majorly owned by Billionaire businessman, Femi Otedola’s 2.5 billion ordinary shares of 50 kobo each at N100 per share were admitted on the Exchange.

The listing of Geregu’s shares has added N250,000,000,000 billion to the market capitalisation of NGX and further boosted liquidity in the Nigerian stock market and providing opportunities for wealth creation.

On its first trading day on the NGX, Geregu Power’s share gained 10 per cent to close at N110 per share from the N100 per share it was listed by introduction.

The gain pushed its market capitalisation to N275 billion from the N250 billion it was listed.

A total of 8.5 million shares of Geregu worth N935 million was traded in one day as its listing further boosted liquidity in the Nigerian capital.

To mark the significance of the listing, a closing gong ceremony was being planned for the last week of October 2022

orumwenseosahon:
So NNPC or NNPCL has plans to List on NGX.

1: When geregu listed on NGX it was the only electricity company on NGX, geregu listed for 100 or 150 there about and fast forward today, the company, stock price is above 1,000 with persistent, national grid collapse, given the nation grid collapse is usually for a short period of time, or few days, and also given that, geregu in an electricity generating company and distribution company.

note: it is important to note that Nigeria, electricity, sector in Nigeria has been in shambles for years, so one can say, that these company do not use their profit to reinvest to improve the sector.

Moving TO NNPC OR NNPCL

with the way NNPCL OR NNPC has being doing business in the past, plagued by corruption, always in the news about something negative do we expect NNPC OR NNPCL stock price to preform well like geregu

please share your thoughts

Sunrisepebble:
The off market deal that was done was the transfer of shares between Davis Peak and AICL. It was announced in the corporate disclosure. So it seems the deal is still ongoing. They’re just raising transparency issues because perhaps some palms need to be greased

Agbalowomeri:


ACCESS still dey arrange commercial paper for dividend

jonnysessy:



So, will it be right to state that no dividend will be paid to the new rights that had already been credited to my account. Well, thanks for that correction while i check through the result released for confirmation.

jonnysessy:
I smile when I hear people compare Zenith Bank with UBA because of the recent released results. UBA Outstanding shares is still 34 billion units (yet to factor the recent concluded right issues), while Zenith Bank is having Outstanding shares of 41 billion units (recent rights / public offering factored in). For now no basis for comparison until recapitalization is concluded.

iwaeda:
To be replaced by Yaya Bello. There was a country. Okene is not a a street, Otutu, Onyukoko, Odenku or Bariki.

thebargainhunte:
Another oil facility explosion in Rivers
https://www.vanguardngr.com/2025/03/another-explosion-rocks-gas-facility-in-rivers-state/?fbclid=IwY2xjawJM9gxleHRuA2FlbQIxMQABHdU8wgk5BlN9bskF7bvVgQ_pakU8KA4D3L7llAOqpTHktiunID1mDTg9VQ_aem_INCdQHj_7KM6mJAS1QlBew

codeME:
Please, I need advice from the big boss in the house.

I want to do a challenge to acquire about 5 Million shares in any company that can give great dividend. What will be your first 3.
Thank you. My target is end of the year. And we cannot say anyone can join in the challenge.

sirk60:
Hello,
My name is Kayode; I worked on the report. So, the data we gave was directly from management. Though the over 92k output u mentioned is factual, it accounts for the total CPO produced, not the one sold to the market. The company sold about 31k tons to the market and refined the rest. The report was focused on CPOs sold to the market. Maybe we could have clarified that better. There is a reason why we put the mail of analysts in the report; it is for u to reach out and ask questions if you have any. Thank you.

GeneralDae:
https://nairametrics.com/2025/03/19/experts-predict-a-positive-outlook-for-okomu-oil-and-presco-in-2025-disclose-reasons/

SonofElElyonRet:


But that shouldn't mean investors would lose their shares in cscs accounts...

Agbalowomeri:


Is there anybody who is 100% sure about what the market will do? We work with probabilities. But for me and my household, the earliest I will enter this market is November. I am not responsible for whatever anybody does with his or her portfolio.

People go come dey quarrel on top wetin I say I will do to MY PORTFOLIO Lol

BabsO2:


What a meaningless eps computation that gives a lower value than reality. Same shares of 4 turned into one is being weighted. When no money was raised or shares bought back this computation is pure distortion.

Agbalowomeri:


As if I knew, noncontrolling interest was 42B
Omo this thing don balloon to nearly half of the PAT

KarlTom:
The breakdown is on page 97...

ojeysky:


How come transcorp was only able to pay 60k dividend with profit of over 90bn and EPS increase of over 200%. The maths is not adding up o

yMcy56:

This will be good if it's true

5 for 2 or 2 for 5?

AFRIPRUD currently have 2bn OS
How many will this translate to thereafter?

If it's 2:5... 2bn + 400m = 2.4bn ....this looks small

If it's 5:2.... 2bn + 5bn = 7bn

If its 1:1.... 2bn + 2bn = 4bn

Hope my Arithmetics is correct sha
We're awaiting the Corporate Action.......😊

Princkez:
NAHCO......abi result don land?

Streetinvestor2:
Presco 350 ,total 310.
They want to scam thr clients and seplet 3k plus
Run from such advisers

Youngzedd:
NASCON declaring 2 naira dividend is 6.45% yield from 31 Naira price where it hovered around for months.


It's not bad.

Sunrisepebble:
Wapco has declared dividend o and it is not pleasant

Streetinvestor2:
That is why I said my street observations..not implying anything

Streetinvestor2:
Presco how far.
1.5 liter oil from #4500 to #3000 now.
Ellah lake your case is different

My street observation...Not implying anything

Mpeace:
One insider just offload 155million units of Ellahlakes. Its like he is tired...

Mpeace:
Mtn matter get as e be. I heard the regulators want to reduce the recently increased tariff by 15%.

https://www.vanguardngr.com/2025/02/breaking-labour-forces-fg-to-reduce-telecom-tariff-hike-by-15/

Shalom428:
Flutterwave with over 3 billion dollars valuation about to be listed on NGX. Interesting days ahead.