NewStats: 3,262,421 , 8,177,109 topics. Date: Monday, 02 June 2025 at 08:57 AM 396e1q

is there any possibly information about the delay in FBNH Audited 2021??

arduino:


I go collect my own GTCO dividend from the market. Got some Afolabi units @N22.00

Some have started buying with reserve money since last week. As the reserve will be replenished from tomorrow.

gbengafaro1986:
is there any possibly information about the delay in FBNH Audited 2021??

Only Unity, Union and FBNH outstanding.

Despite FBNH submitting since last week of January, CBN has not yet approved it.

Maybe it will be released with Q1.

wuwu2:

PLS has NPF shares from last year issue being listed?

Yes. It was listed last Friday 1st April 2022

RabbiDoracle:


This is the UCAP chart. And this is a parabolic move.

Parabolic moves don't fade out sideways. Most times it flashes. Most always need around 75% to 90% correction to revert to the mean value.

Oga boss , please what is d meaning of this. Is it the likelihood of going down or up. Please I just want to understand it

yMcy56:

What's these levies from AMCON all about?
Levies more than some dividends declared?

You'll recall that AMCON was set up by CBN to buy Bad Loans from the banks around 2010. As part of the program, the Nigerian Banks are to remit 0.5% of total assets to Amcon to it's operations. The Levy ought to have ended but just like Buhari makes his own laws, Emefiele does same with the continued AMCON Levy on the Banks.

Crypto Ban: CBN Fines FCMB N400m Over Failure to Close Customers’ s
https://businesspost.ng/banking/crypto-ban-cbn-fines-fcmb-n400m-over-failure-to-close-customers-s/

Airtel Unsure of Impact of Call Blockage Policy in Nigeria on Business
https://businesspost.ng/technology/airtel-unsure-of-impact-of-call-blockage-policy-in-nigeria-on-business/

Transcorp Hotels to Intensify Investment in Innovative Products
https://businesspost.ng/travel/transcorp-hotels-to-intensify-investment-in-innovative-products/

DMO Begins Sale of FGN Retail Bonds for April 2022
https://businesspost.ng/economy/dmo-begins-sale-of-fgn-retail-bonds-for-april-2022/

MTN to Borrow N150bn from Local Investors Via Sales
https://businesspost.ng/economy/mtn-to-borrow-n150bn-from-local-investors-via--sales/

Insurance Companies to Record Low Profit in FY2022
https://businesspost.ng/economy/insurance-companies-to-record-low-profit-in-fy2022/

Fidelity Bank Vows to Sustain Current Performance Trend as Share Price Jumps 35%
https://businesspost.ng/banking/fidelity-bank-vows-to-sustain-current-performance-trend-as-share-price-jumps-35/

I have been holding some units of union bank for a while now. Yes we have seen some price appreciation since Titin trust bought majority shareholders out. My question now is: When are they going to buys we the Minority shareholders out as well?

Mpeace:
I have been holding some units of union bank for a while now. Yes we have seen some price appreciation since Titin trust bought majority shareholders out. My question now is: When are they going to buys we the Minority shareholders out as well?

Looking at Honey Well with the same corner eye cos that might explain why the price has remained above #3 for a while now

Mpeace:
I have been holding some units of union bank for a while now. Yes we have seen some price appreciation since Titin trust bought majority shareholders out. My question now is: When are they going to buys we the Minority shareholders out as well?

Only Titan Trust can answer this question. But be cautious sha so that what happened to us with Ardova won't happen to you.

Heishere:


Only Titan Trust can answer this question. But be cautious sha so that what happened to us with Ardova won't happen to you.

What happened with Ardova?

Wapgod:

What happened with Ardova?

They got stock, and the majority holder keep buying chinkili chinkili at a time.

Heishere:


Only Titan Trust can answer this question. But be cautious sha so that what happened to us with Ardova won't happen to you.

I also fear the same, but something tells me that the owners of Titan trust been insiders in the Banking industry(and CBN) are capable of growing Union. Although they can also destroy what is left of the bank.

ZENITHBANK dividend just landed....tomorrow UBA

Princkez:
ZENITHBANK dividend just landed....tomorrow UBA

I never get ooohhh. Abi dem dey pay the heavy weights first?

Princkez:
ZENITHBANK dividend just landed....tomorrow UBA

I've not received mine Oh

JUST SO YOU KNOW...

LAFARGE WAPCO delivered the best growth accross several KEY revenue and earnings line ahead of it's peers. (DANGOTE CEMENT and BUA CEMENT in that order)
...with CCC, AER, JPBM, CGPR, FCF, EM, NPM and N all printing appreciable and in some cases remarkable improvement.
Infact, the last 2 witnessed a whooping >6,404bps and near 64,501bps (>645.7%) growth YoY.

Within the sector, the coy also did better at optimizing cost and strengthening it's BS position in the yr under review. (ref: 2020-21)
Elsewhere, the coys (WAPCO') current EV/EBITDA stand rightly describes the best pick amongst fellow P2P sector players given their current market prices.

Yet the last 3 weeks has seen it drop by the highest margin (>23.85%... from circa N27+ to N21.8 @ present)
What better time to key in than now!

Using a mix of valuation model that adopts a highly CONSERVATIVE approach... assuming zero growth in Q1, 2022 and further attaches near 1.5x to surrounding risk, I have a FVE of N35.9
...which implies a >64.6% discount from CMP.
Rating now upgraded to: Overweight/Outperform.

BUY... ACCUMULATE!

CAVEAT: The need for due diligence should still take higher precedence ahead of this post.

Zenith just dropped. God thank you.

@ OGG good pick there.

Arrived same conclusion after reading this: https://www.google.com/amp/s/nairametrics.com/2022/03/01/breaking-lafarge-plc-reports-impressive-65-growth-in-profit-for-fy-2021/%3famp=1

Noteworthy is the mention that the growth is mostly from asset sale and inflation effect.

Anyone with info on Oando Q1 2022 result

My zenith is not in yet

Mpeace:
well, fcmb get correct defenders(mm).....

Tier-2 banks doing well so far......seems like a place to be now....
FCMB na correct defensive stock......by my own understanding o.
FIDELITY: The accumulation strength is high.....

FBNH: The MM or billionaire buying is doing good work too .....
NB PLC: The buyers are in market today....

So, those talking about bear, where is the serious bear now?

In another news:
MTNN's Qualification Date is 6th April.......Div- N8.57...
TRANSCORP: 8th April........Div- 0.02k

onegentleguy:
JUST SO YOU KNOW...

LAFARGE WAPCO delivered the best growth accross several KEY revenue and earnings line ahead of it's peers. (DANGOTE CEMENT and BUA CEMENT in that order)
...with CCC, AER, JPBM, CGPR, FCF, EM, NPM and N all printing appreciable and in some cases remarkable improvement.
Infact, the last 2 witnessed a whooping >6,404bps and near 64,501bps (>645.7%) growth YoY.

Within the sector, the coy also did better at optimizing cost and strengthening it's BS position in the yr under review. (ref: 2020-21)
Elsewhere, the coys (WAPCO') current EV/EBITDA stand rightly describes the best pick amongst fellow P2P sector players given their current market prices.

Yet the last 3 weeks has seen it drop by the highest margin (>23.85%... from circa N27+ to N21.8 @ present)
What better time to key in than now!

Using a mix of valuation model that adopts a highly CONSERVATIVE approach... assuming zero growth in Q1, 2022 and further attaches near 1.5x to surrounding risk, I have a FVE of N35.9
...which implies an >64.6% discount from CMP.
Rating now upgraded to: Overweight/Outperform.

BUY... ACCUMULATE!

CAVEAT: The need for due diligence should still take higher precedence ahead of this post.

I think that @ LAFARGE WAPCO did well with its div payout (ref: N2 total >> N1 interim and final respectively)
However, for those wondering why the company didn't pay more, pls hear this;

In finance , there is something called the present value of growth opportunities (PVGO)
...a Valuation technique that seeks to investigate whether the RoR (rate of return) a company can generate from an investment opportunity will exceed it's RRoR (required rate of return)
In retrospect, there are profitable project that the coy can invest in to maximize earnings and grow overall value.

A well managed coy is expected to be conservative with it's dividend/cash distribution if and when this plays out. (PVGO in view)
But you would want to see that management is not been wasteful with the cash/asset at it's disposal.
WAPCO fits the bill... (compare the coys CBR, ROIC and CCC in the last 2 yrs)
The coy has been utilizing it's cash base to ongoing expansion including but not limited to the power plant project at it's subunit ASHAKA cement.

There are quite a lot of positive, but let me stop at this for now.
WAPCO remains my standout pick in the cement sector.
There's a reason the coys OCF/EBIT has consistently printed near 2x since 2018.
...grossly underpriced!
Again, BUY... ACCUMULATE!

NOTE: previous caveat still in place.

Selah

https://www.youtube.com/watch?v=S11bA6Jek-I

safepaulooo:
@ OGG good pick there.

Arrived same conclusion after reading this: https://www.google.com/amp/s/nairametrics.com/2022/03/01/breaking-lafarge-plc-reports-impressive-65-growth-in-profit-for-fy-2021/%3famp=1

Noteworthy is the mention that the growth is mostly from asset sale and inflation effect.

Anyone with info on Oando Q1 2022 result

It is the cheapest in the industry with the ability to return 100% capital appreciation in the next 18 months to 24 months

MTN's qualification date is 6th April, not 7th April. Pls confirm

yMcy56:

Tier-2 banks doing well so far......seems like a place to be now....
FCMB na correct defensive stock......by my own understanding o.
FIDELITY: The accumulation strength is high.....

FBNH: The MM or billionaire buying is doing good work too .....
NB PLC: The buyers are in market today....

So, those talking about bear, where is the serious bear now?

In another news:
MTNN's Qualification Date is 7th April.......Div- N8.57...
TRANSCORP: 8th April........Div- 0.02k

yMcy56:

Tier-2 banks doing well so far......seems like a place to be now....
FCMB na correct defensive stock......by my own understanding o.
FIDELITY: The accumulation strength is high.....

FBNH: The MM or billionaire buying is doing good work too .....
NB PLC: The buyers are in market today....

So, those talking about bear, where is the serious bear now?

In another news:
MTNN's Qualification Date is 7th April.......Div- N8.57...
TRANSCORP: 8th April........Div- 0.02k

My village people have asked me to buy transcorp, and I dont want to disappoint them.

FCMB
One joy.less investor spoilt the good works done by MM at the last minute.......
Was supposed to close @3.50 but he brought his 300k units @3.23 to spoil the show........seems some people just buy and panic anyhow, without knowing the reason for buying self.
Looking forward to seeing both Fide and FCMB @4.....

safepaulooo:
Anyone with info on Oando Q1 2022 result

The oga that we supposed ask is asking...
Ok o. Oando 2019 never surface talkless of 2022....

https://doclib.ngxgroup.com/Financial_NewsDocs/35425_OANDO_PLC-OANDO_PLC__CORPORATE_ACTIONS_MARCH_2022.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35044_OANDO_PLC%20OANDO_PLC__CORPORATE_ACTIONS_FEBRUARY_2022p.pdf

Mpeace:
My village people have asked me to buy transcorp, and I dont want to disappoint them.

Lol. Your village people dey lenient small......
Na to say make you dey pray make dem no push you enter Dunlop o.

First bank I’m expecting your dividends for Sallah as Uba wan so me better Ramadan tomorrow

Very true. Even technically using RSI shows very attractive entry.

emmanuelewumi:




It is the cheapest in the industry with the ability to return 100% capital appreciation in the next 18 months to 24 months

Zenith dividend seen. Awaiting UBA 2moro.
Thank God for His mercies.