NewStats: 3,261,381 , 8,173,848 topics. Date: Thursday, 29 May 2025 at 05:25 AM 6o1g4x

Once he is done doing the private placement mostly to himself.... he will allow the price of First holdco to appreciate and at least pay meaningful dividends.

How else is he moving his investment from N102B to N350B without the private placements.

GeneralDae:
https://nairametrics.com/2025/05/22/why-i-invested-n320bn-in-first-bank-otedola-credits-tinubu-cardoso-reforms/

Reminds me of how that Oga silently bought his initial 5% of firstbank shares. The last 2 weeks has been insider trading TANTALIZER

yMcy56:

From full bid to full offer...
From full offer to full bid......
Then, with offers and bids......

One thing is: TANTALIZER is also in consumer goods and moving into agriculture, it has prospect in my view.

In Ellah lakes financial projections, the figures allocated for fertilizers before the recent naira depreciation is an indication of the size of the farm, if the figures are anythingto go by... the farm should be about 2500 hectares.

Agbalowomeri:


So your friend saw three palm trees?
Whatabombshell

BabsO2:
Oando on full throttle.
At N14

Now full bid @ 14.05

SonofElElyonRet:


UACN back to profitability and lovely eps. Great Q3 result

The full year result is very good considering the business environment!!!

https://doclib.ngxgroup.com/Financial_NewsDocs/40234_UAC__OF_NIGERIA_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

The new product launched were not yet contributing.... The swan water plant 3x expansion started this January plus other investments and people

Locotrader:
Increase in revenue is what I am after in brew stocks and other blue chip stocks.

https://www.thisdaylive.com/index.php/2024/01/29/guinness-reports-strong-performance-with-20-increase-in-revenue

Profit will come when it is time and shareholders go rejoice again

Guiness
Guinness results are not bad. Revenue growth plus the marginal costs are well managed vs previous year considering the operating environment.

The loss recorded in Guinness is as a result of re-measurement of foreign currency balances and exchange rate differences on foreign currency denominated loans.
If the naira depreciation does not exacerbate or if naira begins to appreciate, Guinness becomes a huge buy from that point.

IB

IB is in a better situation. It has hedged its cash flow against the currency fluctuations an estimated N65B enough to turn the result into profit!!! ....impressive! And a well managed marginal cost.

Q3 & Q4 BUY i think, just my thoughts

Hustle1:



Thank you!

I know UACN will moove, just want to know when the complete cycle will start.....
I think UACN will follow the way of PZ that moved from N6 to N32 in two years.

...Management, People, Investments, now the results all have changed just now looking to see how well their costs have been managed in Q4 results and going forward....

This is probably the last time UACN will end the year below N50 share price ......

yMcy56:
Some stocks reversing yesterday's shedding....
* TRANSCORP went as low as 14.87 or so.......now back @16.80.....17.20
* FMN @42 ....... Up with +3.45

Who knows the investors buying these power plants?

FG to sell five power plants for $1bn

The Federal Government through the Bureau of Public Enterprises is currently carrying out transactions for the sale of five power plants under the National Integrated Power Projects at a cost of about $1.15bn, it was gathered on Tuesday. Although sources familiar with the development explained that the cost of the plants should exceed $5bn based on international benchmark, they revealed that the BPE was planning to sell the facilities at a price that is a little above $1.1bn.

Zegra:


TIP promoter

I don't want to laugh o

Zagee:


I really don't follow up on this company, but from my technical analysis, the company seems to have been of interest to investors looking at the steady rise in the RSI from 2020. Going by their about 50% free float and the improved result you stated, I'd say its a hold at current levels.

Thank you!

I know UACN will moove, just want to know when the complete cycle will start.....
I think UACN will follow the way of PZ that moved from N6 to N32 in two years.

...Management, People, Investments, now the results all have changed just now looking to see how well their costs have been managed in Q4 results and going forward....

Zagee:


Your submissions are true. With directors including MD jumping ship in the past year!

For UNILEVER a lot of factors to consider:
1. Dropping some product line from the shelf(reduced revenue)
2. Current portfolio of products needs to do commensurate numbers(negative head winds due to fx and subsidy policies)
3. Macroeconomic factors doesn't favour as at now.
4. Expected minimum wage increase by q2

With all these: on the technical end, they just broke out on the monthly chat due to present bull. Do we wait for results or in on the sentiment? Will this be sustained? Fundamentals don't agree for now.

My 1 cent

What is your take on UACN?
Is the turnaround completed with the improved results of 2023 Q3 and is the upward trend going to continue QonQ from now?
I noticed the effects of the new management in the results just before covid and the investments. Fingers crossed!

Well said! Good policy with long term impact but no magic bullet in the short term. The economic challenges are hydra headed

BullBearMkt:


These policy shifts are anticipated to have a long-term effect, and as history suggests, the impact on the NSE may not be immediate but gradual, unfolding over several years as seen in the aftermath of the reforms initiated by Governors Soludo and Lamido - while Soludo's policy affected the economy within 1 year, it took 3 years for the impact to reflect on NSE market in the case of Lamido's.

The forthcoming reforms under Cardoso may very well set a positive outlook for the NSE, but they will be one of many factors that contribute to our nation's economic resurgence....

Let us wait and see!

A double digit reduction in revenue will affect investors sentiment though.

And the market is not immune to the resulting sentiments, otherwise, one would expect ETI to be trading above 1.5x P/E by now like other banks.

BabsO2:


Do you think the revenues of banks in 2024 will be lower than that of 2022. Because that is what needs to be compared, as 2023 forex gains lies more in comprehensive income and should not be used for operating EPS and PE calculations as they are one off from currency translation gains in Naira. 2024 EPS will still be substantially higher that 2022 levels, hence ing upward trend of bank share prices apart from the of stepped up BVPS numbers from the 2023 gains.

I agree stocks like UBA still have over 15% upside, Zenith tp is about N41 and then you still get your dividends but UBA will struggle to replicate the excellent EPS for Q2 2023 in 2024. A correction will follow a decline in revenue for some banks by mid 2024 while other companies will have the potential to the bulls in the 2nd half of 2023.
I belief backward integration by IB should have started to mature, WAPCO, MTN and others will make investors smile by then.

If only we can have a predictable and stable FX regime, to allow more dollar inflow, the NSE will stay bullish into 2025.
Retail investors participation in the exchange is improving as seen in penny stock rallies recently, though with a lot of uninformed purchases

BabsO2:


I don't see any market correction in the horizon as long as the oil price stays strong above $70.

Stocks like UBA, many banks and a couple of other stocks have not reached fair prices. But a few stocks are trading in a PE bubble and may correct as investors and traders do their thing. The devaluation this year has propped up the valuation of many banks and reset share prices up in devalued Naira with not much to correct. However, for banks one needs to look out for potential rise in impairment charges that could lead to valuation losses and potential share price drops if it happens severely.

ROYALEX

It's December - February ritual

customstreet:
I will drop one stock for you guys to pick soon. 100% sure of given anyone that got it at least 200% return

Locotrader:


The chairman of multiverse was in Tinubu's istration for 8 years in Lagos. How does that affects the opportunities for the company in this istration?
The should not just take the company private to advance there interests like Wale and team are pushing for.

When a sector is bullish, cashing out 20% is nonsense.Solid mineral sector is the right place for an investor to be now.You have been attacking me on Japaul right from the days of 29kobo but even at 1.87kobo, japaul is still a buy.You can see a huge demand on Japaul right now.Is it Multivesrse with small Os that will not double in price?The more you attack me, the more you miss money. Market must do justice to any stock that is carefully identified.

MULTIVERSE can't be manipulated by Loco.Multiverse will make a lot of people rich.Thats it.

Boy be serious in life

ebuka1997:


Royal Niger company, sorry Unilever can never leave Nigeria, those ones na agba. Even PZ sef.

Why would anyone conclude Unilever can never leave Nigeria? They sold their tea business already. They are exiting skincare and homecare business. They would only have the seasoning business led by Knorr (doing well though), which happens to be previously owned by other companies and even sold under different names in some countries. Unilever can very much exit Nigeria and if they stay, they would be a smaller entity probably more efficient though. Their remaining business is pressured both by Nestle's maggi, promasidor's onga and others

Hi House,

Can anyone please recommend top 3 brokers here please.

I guess I made mistakes using InvestmentOne brokers. There has been zero value add.

Need to mouve!

GSK Nigeria.... Following some Oga's on this platform who have identified with this stock

Q1 2022 numbers will be exciting! FY 2022 promises to be exciting too.

Full year 2021 revenue closed at 5% over 2020 following a 2.6% growth the previous year. See attached FY report.

Full year recovered from a dismal Q1 2021 that ended 30.66% decline while GSK resisted the temptation of price increases as a quick fix, but thanks to:

1.) A new route to market (With attendant increase logistics costs anyway)
2.) Increased A&P
3.) One-off SAP investment to new RTM
4.) Increased finished goods inventory (+83% vs LY)
All indicated in the FY report[/i]

While the costs of logistics, energy and A&P will not go down suddenly,

I have three questions on my mind?

1.) Can GSK repeat a result that is an average of the last 3 quarters of 2021 this 1st quarter of 2022? That will simply be an 83% growth [i](40% growth is enough for me ) in revenue.....How that impacts the share price will be determined by the market.
2.) Can GSK match the 40k dividend of 2021?
3.) Will the manufacturing partnership with Fidson and subsequent technological transfer to Nigeria drive the parent companies to increase their stake in GSK Nigeria from the current 46.4% and what will the impact on the share price?

2022 promises to be good for GSK in my assessment! .....