guyzgirl:


Please explain how the rebasing of the CPI is responsible for the fall in Tbills? From my understanding, tbills sale is an auction process and rates are determined by bids; as you can see, there were investors comfortable with 16% return. How is this the doing of rebased CPI? Beyond this, would you blame the central bank for trying to disincentivize the warehousing and starving of funds from the real economy? Take a look at recent tbills and bond results, it is obvious that there is excess liquidity chasing the issuances, N2.2Trillion chasing N500Billion!!. Bear in mind that this is at the expense of the real sector, who are being starved of funds, because the available, if not excess liquidity, is chasing TBills.

It would also be instrumental to remember that TBills are a monetary instrument and this current effort would help taper the currently high interest rates businesses are burdened with.

Sunrisepebble:
This will no doubt affect dividend payment also. Theyre desperate, taken on too much in terms of all these acquisitions all over the place

veecovee:
Pls house is there a stocks more capitalized than DANGCEM

I think it's currently worth over 8 trillion

Mpeace:
Mistake. I mean 500million. At current price you need N513,000,000 to bring about a 10% fall, and 632,000,000 to bring about a 10% rise.

Mpeace:
The price limit is not even the main issue. The main issue is the 100k single unit requirement for price movement. There is a stock on NSE that trades at N1million per unit. That stock needs a single transaction of N100billion to make any move.
Seplat needs a single transaction worth over N500billion to make a single move. Whereas some stocks need only less than N50k to make a single move.
That to me is the rule we need to change.

NettyNelly:


Please reconfirm this Info. From what i checked, It's Aradel who Owns about 2.7B shares in CONHALL, not the other way around.

Please correct me if I'm wrong and kindly point me to the right source of your Info.

KarlTom:
Not much.
Same issue with UNIVERSAL...

KarlTom:
GUINEA

https://doclib.ngxgroup.com/Financial_NewsDocs/43109_GUINEA_INSURANCE_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_FEBRUARY_2025.pdf

Streetinvestor2:
That is not what is on the news abeg

essentialone:


These 4 Companies, though Suspended, are supposed to be showing on stock bubbles. Please resolve it:

1) African Alliance Insurance Plc
2) ASO Savings and Loans Plc
3) STACO Insurance Plc
4) Standard Alliance Insurance Plc

Valthegreat:
I am surprised nobody makes mention of stocks that are on NASD on this forum, is it largely because there are just few companies there for now?

faoogoke:
As many as are hoping on palm oil producing companies, PRESCO, OKUMO and ELLAH LAKES.

As they expand their farms and with increase planting from small scale holders the possibility of a glut should be factored.

essentialone:
DAAR COMMUNICATIONS PLC REPORTS EARNINGS RESULTS FOR THE FOURTH QUARTER AND FULL YEAR ENDED DECEMBER 31, 2024
Daar Communications Plc reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was NGN 2,103.46 million compared to NGN 1,316.95 million a year ago. Net loss was NGN 889.09 million compared to NGN 808.27 million a year ago. Basic loss per share from continuing operations was NGN 0.11 compared to NGN 0.1 a year ago.
For the full year, Sales was NGN 4,991.93 million compared to NGN 4,510.34 million a year ago. Net loss was NGN 2,870.81 million compared to NGN 1,509.03 million a year ago.

chimex38:

Almost all insurance had a poor quarter 4 outing.
Those that managed to stayed in profit benefited from diversification.
I think and suspect they probably pay claims and other deferred payables by year end.

Raider76:
This market hard oo. Looks like even good results don't guarantee a sustained rally. See as CWG can't close on bid.

Streetinvestor2:
Pls has okumu officially moved today as per nse rule

ojeysky:


Is that EPS of 15 naira that am seeing? O'boy

bolton08:


Looks like Aradel makes largest chunck of their revenue from Q4.

Bagwa:
New oando 😄

OANDO PLC- NOTICES OF BOARD MEETING (BM) - NOTICE

that a meeting of the Board of Directors of Oando Plc ("the Company" is
scheduled to take place on January 30, 2025, or on such earlier or adjourned date as
may be determined

ositadima1:


Another thing is diversification, Investing heavily in the same company that pays your salary is some how ooo, if the company chocke na village straight ooo.

KarlTom:
ARADEL. -1.10%
CONOIL. -9.99%
ETERNA. -2.18%
OandO. -5.14%

Sunrisepebble:
Anyone familiar. Will Transcorp (Parent company), use the new OS after the share reconstruction for the final results? As at 9M the reconstruction had not taken place, so it didn't reflect in the result

emmanuelewumi:




How?


They are not operating a Holding structure.

The parent company will get dividends from the company and certain benefits as per related parties transactions

Youngzedd:



These people no show joy.

5 Naira Div for a 324 stock

Mpeace:
With Fidelity banks plan to do a private placement of addittional 20billion units, pls what will be the OS at the end of the day. One site claims 73billion shares another says 63billion.
Those in fidelity, pls what is the correct figure?

The dilution is becoming too much. Eps go just dey like 80kobo. How much dem want come pay as dividend.

Mpeace:
https://www.nairaland.com/8318488/bosun-tijani-nigerians-pay-60

Nigerians to pay 60% more for calls

NettyNelly:


It's a $125M Deal, $65M initial Deposit.

.

The Asset is being financed by a N150bn bond program with a c.24% coupon, if the Naira weakens, it gets paid off faster.



I may be wrong with my Analysis

bastardson:
Naaaah I like u though. Everything I am buying right now is long term.

I don’t even need immediate gains.

I believe u die. I budgeted 5m when I became active here in August last year. 500k units of CHAMS, 1M unit of Ellah Lakes. I have Afolabi of ARADEL, thinking of switching my stake in Access to International Breweries.

Learn NB can do 100% but IB can do 300%

emmanuelewumi:



It appears the corporate bond was oversubscribed

emmanuelewumi:



What is your average cost price?

If it less than N40 you can book profit.

With the appreciation of Naira, I don't think investors will be paid more than N90 per share and this should be paid by second quarter of 2025

NettyNelly:



Since my thesis is that the market has yet to recognize the company's recently improved earnings, I chose to value the stock purely from an earnings perspective, based on how much the market has historically paid for such earnings.


Beta Glass reported an improved EPS of ₦2.4, ₦4.78, and ₦6.68 in Q1, Q2, and Q3 2024, respectively. This sums up to a 9-month EPS of ₦13.86. I forecast a full-year (FY) annualized EPS of ₦18.46, which assumes the company will earn an EPS of ₦4.6 in Q4. At the Current ₦ 49 share price, this projection translates to a forward P/E ratio of 2.65, which is remarkably low for a company with a 5-year average P/E of 5.

If we multiply the average P/E of 5 by our forecasted FY EPS of ₦18.46, we arrive at a target price of ₦92, representing an 88% upside from the current price of ₦49 per share.

Alternatively, if we take a more conservative approach and assume the company will earn just ₦2 in Q4, the FY EPS would be ₦15.86. Multiplying the same average P/E of 5 yields a target price of ₦79, representing a 62% upside from the current price of ₦49.

My assumption of ₦2 EPS for Q4 2024 is highly conservative. Post-COVID, the only instance where the company earned less than c.₦2 was in Q3 2022, with an EPS of ₦1.46. Apart from that, the business has consistently earned at least ₦2 per share over the last 16 quarters. I believe my target price would be met as the market reprices to 5x earnings or more on the back of strong full-year results, that it is yet to recognize.



Below is a chart I created to illustrate the market doesn't reflect current earnings.