NewStats: 3,262,605 , 8,177,675 topics. Date: Tuesday, 03 June 2025 at 12:50 AM 1w4gh

yMcy56:
OANDO!
Money spinner in Town!
Sighted @24.55

Already on Full bid @24.55

See as people Abstained from Afriprud!!!

Bonus Hunters

Bagwa:
https://doclib.ngxgroup.com/Financial_NewsDocs/41858_PRESCO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

Another candidate for #1000 with possibility of #50 dividend by yr end....forward eps over #75

Nigeria's Banking Sector: Rights Issue Conundrum
The Central Bank of Nigeria's (CBN) directive for banks to embark on rights issues (RI) has backfired, as investors shun the offerings due to overpricing. Despite aggressive marketing, the RI prices exceed secondary market prices, deterring investors. Compounding the issue, the Federal Government of Nigeria (FGN) introduced a 70% tax on forex gains for 2023-2025, further eroding investor confidence.

The Dichotomy of RI Prices and Market Prices:

Investors face a dilemma: RI prices are higher than current market prices, making it unattractive to subscribe. The disparity has led to a decline in banking stocks, with prices continuing to drop. To mitigate this, investors should:
- Exercise caution when considering RI subscriptions
- Monitor market trends and prices
- Wait for banks to reassess and adjust RI prices

A Call to Action for Banks:
To salvage the situation, banks must:
- Reassess and adjust RI prices to below current market prices
- Engage with investors to rebuild trust
- Demonstrate transparency and responsiveness to market dynamics
The rights issue conundrum in Nigeria's banking sector demands prompt attention. Banks must acknowledge the misstep and take corrective measures to restore investor confidence.
By adjusting RI prices and engaging with investors, banks can mitigate the downward trend in share prices and ensure a more successful rights issue.
Investors, in turn, must remain vigilant and informed to navigate this challenging landscape.

dapix:
See as people Abstained from Afriprud!!!

Bonus Hunters

There's no chaff in Tony's stocks for now....
I think they'll still find a way to move it up......let the Dividend hunters commot finish first..
Make we dey watch dem sha........and keep eye on the price movement....

onegentleguy:
This coy is doing something I like on the MTF.

Corrective run with 3 black crows candlestick pattern after an unconvincing attempt to close above the N4--4.2 level since previous high in January.
...price would later break below a KSL @ 2.90--3, possibly driven by an intent to tap into the sell-side insufficiency (ref: IMB/FVG) created by the LS/momentum move in Nov, 2023.

However, PA now appears to be rejecting a CHOCH at a confluence with last SH and resultant neckline from DB formation prior to the impulse... which also doubles as the fib retracement discount zone (ref: 0.786), implying a weakening short term bearish continuation.
VZ/PSL sits around the N2.39 region and the strong demand-side OB just below it.

A reversal to the upside could be imminent. (ed by volume)
...regaining it's 50 period EMA or better still, the previous PRL would be KEY! (see chart below)

For those who subscribed to my outline recommendations and investment guide--Series 2 early enough, I believe you must've booked some profit at the high of N4.5 before now.
...it's time to consider re-entering the coy.

And for the late subscribers, I believe your position should be in the red in light of recent pullback.
...it's time to average down.

Fundamentally, C&I LEASING is a strong buy @ CMP.
In it's last released report (ref: UFS Q4, 2023), the company recorded an impressive growth across key revenue and earnings line with NLRI, NPM and EPS up by 45.1%, 63.5% and approx 26.9% respectively.
Worthy of mention is the material improvement in the group's CCC (EM/PCEPS) CGPR, CBR, U/LFCFS and E despite the huge spend on capex.

C&I Leasing's conservative FVE prints @ N6.71 using a mix of appropriate valuation model and ing for an appreciable measure of risk (ref: match on surrounding risk level)
...needless to highlight that that FVE is an over 138% discount from the coys CMP.

Disclaimer: NOT an investment advice. ...the need for due diligence should still take higher precedence ahead of this post.

Selah

C&I LEASING'S just released 2023 YE financial print is extraordinarily spectacular!

For those in, hold that asset like your life depends on it... Infact, be overprotective of it!

Conservative FVE now N9.15 which is WELL ABOVE the previous guide of N6.71.
That's an over 196% discount from the last traded price of N3.09.
...analysis later.

Rating: outperform!

BUY... ACCUMULATE... HOLD!

Enough said.

onegentleguy:


C&I LEASING'S financial print is extraordinarily spectacular!

For those in, hold that asset like your life depends on it... Infact, be overprotective of it!

Conservative FVE now N9.15 which is WELL ABOVE the previous guide of N6.71.
That's an over 196% discount from the last traded price of N3.09.




Rating: outperform!

BUY... ACCUMULATE... HOLD!

Enough said.

Has NGX lifted its supension on C leasing?

APR Q2, 2024
@, abeg help touch light the fair value of APR, na Q2 be this....

https://doclib.ngxgroup.com/Financial_NewsDocs/41806_AFRICA_PRUDENTIAL_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

CILEASING
Financial statement released.....
https://doclib.ngxgroup.com/Financial_NewsDocs/41868_C_AND_I_LEASING_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2024.pdf

Were is OANDO prophet....

Abeg people should help analyse Transcorp matter. Is it a good buy with the 10k dividend?

LINKAGE ASSURANCE Q2 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/41872_LINKAGE_ASSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

yMcy56:
OANDO!
Money spinner in Town!
Sighted @24.55! Full bid

AFRIPRUD
Offers at 9.45 are being cleared.....
Let's see how it goes...

OANDO!
Money spinner in Town!
Sighted @24.55! Full bid

Shhhhh!
Why are you making noise about Oando? It may sound very irritating to non-gamblers
Please let us just keep quiet and watch how it goes until el-dorado!

Let us also respect ProphetUtuocha. His ministry and prophecies may not be fake, even if he doesn't have the real anointing!

When NASCON go take a break from fall.

mikeapollo:


OANDO!
Money spinner in Town!
Sighted @24.55! Full bid

Shhhhh!
Why are you making noise about Oando? It may sound very irritating to non-gamblers
Please let us just keep quiet and watch how it goes until el-dorado!

Let us also respect ProphetUtuocha. His ministry and prophecies may not be fake, even if he doesn't have the real anointing!

OANDO giving my gambles joy

purity2all:

Has NGX lifted its supension on C leasing?

Financials has been filed
Suspension will be lifted anytime from now......

Meanwhile, if you get your OANDO, still hold am tight.

Peter! Peter!! Where are you?
Don't come and go and spoil that bumper you dey hang on o 😁

onegentleguy:


C&I LEASING'S just released 2023 YE financial print is extraordinarily spectacular!

For those in, hold that asset like your life depends on it... Infact, be overprotective of it!

Conservative FVE now N9.15 which is WELL ABOVE the previous guide of N6.71.
That's an over 196% discount from the last traded price of N3.09.
...analysis later.

Rating: outperform!

BUY... ACCUMULATE... HOLD!

Enough said.

I like your confidence...

The Central Bank of Nigeria's (CBN) directive for banks to embark on rights issues (RI) has backfired, as investors shun the offerings due to overpricing. Despite aggressive marketing, the RI prices exceed secondary market prices, deterring investors. Compounding the issue,
.
.
see the bank had already forsee all these trouble, most of the banks dont want create useless unit that will not benefit anybody so they will suely pay the capitalaisation fee from retain earning

ask your self How many more unit will be created by each of this banks that will not dilute their dividend payout to pittance
Fidelity Bank PLC has over 32.012 billion shares
UBA had over 34.199 billion outstanding shares
FBN Holdings Plc had over 44.87 billion outstanding shares.
Guaranty Trust Holding Company had over 29.37 billion
Zenith Bank PLC (ZENITHB) had a public float of 27.65 billion shares outstanding.
That of fidelity and first bank is something to ponder about

Mankind2024:
Nigeria's Banking Sector: Rights Issue Conundrum
the Federal Government of Nigeria (FGN) introduced a 70% tax on forex gains for 2023-2025, further eroding investor confidence.

The Dichotomy of RI Prices and Market Prices:

Investors face a dilemma: RI prices are higher than current market prices, making it unattractive to subscribe. The disparity has led to a decline in banking stocks, with prices continuing to drop. To mitigate this, investors should:
- Exercise caution when considering RI subscriptions
- Monitor market trends and prices
- Wait for banks to reassess and adjust RI prices

A Call to Action for Banks:
To salvage the situation, banks must:
- Reassess and adjust RI prices to below current market prices
- Engage with investors to rebuild trust
- Demonstrate transparency and responsiveness to market dynamics
The rights issue conundrum in Nigeria's banking sector demands prompt attention. Banks must acknowledge the misstep and take corrective measures to restore investor confidence.
By adjusting RI prices and engaging with investors, banks can mitigate the downward trend in share prices and ensure a more successful rights issue.
Investors, in turn, must remain vigilant and informed to navigate this challenging landscape.

mikeapollo:


OANDO!
Money spinner in Town!
Sighted @24.55! Full bid

Shhhhh!
Why are you making noise about Oando? It may sound very irritating to non-gamblers
Please let us just keep quiet and watch how it goes until el-dorado!

Let us also respect ProphetUtuocha. His ministry and prophecies may not be fake, even if he doesn't have the real anointing!

Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Emndy:
I am only giving the info cos, I have also benefited from free firsthand info on this platform (on other stocks ofcourse).

Those who have Oando units and want to selloff now due to the seeming pullback, should wait for another ride. Don't sell today.

Thanks for this info. 🙌😁
You were right.

yMcy56:

Financials has been filed
Suspension will be lifted anytime from now......

Meanwhile, if you get your OANDO, still hold am tight.

Peter! Peter!! Where are you?
Don't come and go and spoil that bumper you dey hang on o 😁

Alright. Many thanks, ma'am.

Oando reminds me of Sugar last year- the price movement went stealthily. Before one knew , it was already at N80.

Most better stock do enter bid.. Agbalowomeri how do you see my betnaija stock

Wapco I am not too impressed with you guys results oh

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Better enter a little and hold some funds incase the price fall.

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Lol...buy eternal oil now.All na oil

Princkez:
Were is OANDO prophet....

Una don frustrate prophet for NSEMPA... una no evn allow am prophesy the new jewel he wanted to drop... Prophet no mind dem.. please come and drop the new jewel

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

But you were here when news broke that court ruled only those minority shareholders who want buy out should be bought out.. na dat time me i risk am enter at N18.50. Sold chams ellah Japaul and access and plunged into Oando with fast beating heart. Fortune favours the bold and risk takers... p.s. do not invest more than you are prepared to lose

Testimonies777:
Stones, early in the morning. PLS LET PEACE REIGN BIKO!

"In assessing your level of investment journey and collective goal, study your PERSONALITY during an uptrend and the PSYCHOLOGY of market players when prices are going down.
...doing the reverse is probably why there are more participants who suffer insomnia than there are winners in the stock market."
~Sinclair

Attack? Not at all. ...not me!

Any open-minded fellow will agree that it's better to ignore and not bother to engage with that dude.

Smacks off the impression of been engrossed with everything Onegentleguy.
...otherwise, which right thinking person would pick out a word (insomnia) from one of the NUGGET I wrote nearly 3 years ago, at a time am certain i've never heard about their ID, and claim the said word was personally directed at them.
Then there's the preposterous claim that Onegentleguy works to silence some persons.
...it's really very very funny!

I read the part of his post to de-market Onegentleguy and I smiled.
This things will only make us even more popular.
What some people don't know is that when Divine is with you and favours you, every opposing force and everything else becomes inconsequential... for as long as one is living and leading a responsible/worthy life and working with honesty and sincerity of purpose, nothing else matters!

I hope the dude can move on and focus on growing in the financial markets.
One would've thought that his magnificent 7 investing strategy would keep him very busy.
What a world we live in!

It is well

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Another opportunity always comes.

SonofElElyonRet:


But you were here when news broke that court ruled only those minority shareholders who want buy out should be bought out.. na dat time me i risk am enter at N18.50. Sold chams ellah Japaul and access and plunged into Oando with fast beating heart. Fortune favours the bold and risk takers... p.s. do not invest more than you are prepared to lose

BREAKING NEWS.....International Breweries still enter bid today. What a big surprise

Abeg mm for some companies do your job and move the price of this companies on bid.Na who you guys expect to bring out the 100k units

Adinije:
When NASCON go take a break from fall.

Person dey return home, you wan stop am for road? No place like home biko😂

The bolded might be seen as an unwarranted accusation.

The onus is ENTIRELY on you to confirm ALL information posted here AND to make your BUY or SELL decisions...

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando. bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Agbalowomeri:


Person dey return home, you wan stop am for road? No place like home biko😂

Return home Bawo God abeg