NewStats: 3,262,993 , 8,178,757 topics. Date: Wednesday, 04 June 2025 at 10:30 AM 3z24

9free:

The problem is knowing when the dip has reached the "dippest" of the dips.
Moreso, money no too dey readily available to buy the dips.

When the dip keeps getting dipper

9free:

The problem is knowing when the dip has reached the "dippest" of the dips.
Moreso, money no too dey readily available to buy the dips.

Warren Buffet saw the future and was busy selling (taking profit) last year.

He got over 300B in cash. Once he starts buying, the bottom is in.

Raider76:
I saw this opinion printed in an Indian media. What do you think if it happens?

"Rather than bringing manufacturing back to the US, global firms may just relocate to low-tariff nations, possibly in Africa."

https://thefederal.com/category/business/trump-tariff-impact-india-global-economy-2025-180012

Purchasing power is everything.

Africa isn't yet there. Trump knows that these companies needs the US like oxygen.

Raider76:
I saw this opinion printed in an Indian media. What do you think if it happens?

"Rather than bringing manufacturing back to the US, global firms may just relocate to low-tariff nations, possibly in Africa."

https://thefederal.com/category/business/trump-tariff-impact-india-global-economy-2025-180012

How are they going to navigate the following:
Political Instability
Corruption cost
Infrastructural Gap

They are not saying the companies will sell in Africa, but manufacture in Africa and then export to the US at lower tariffs.

Youngzedd:


Purchasing power is everything.

Africa isn't yet there. Trump knows that these companies needs the US like oxygen.

Smart African countries will move quickly and remove those barriers.

jaybee3:


How are they going to navigate the following:
Political Instability
Corruption cost
Infrastructural Gap

Youngzedd:


Purchasing power is everything.

Africa isn't yet there. Trump knows that these companies needs the US like oxygen.

True
But the United States is NOT the only country with high purchasing power either

So producing in the low cost countries and then exporting it to OTHER mid to high income countries is the way to go

Leave Trump and MAGA stupidity to the curb
America should have known better
But again
here we are

BabsO2:

They have added the new shares. They had 100% dilution from 19.8 to 39.6 billion shares listed.

They reported paying windfall tax of N17.7 billion. I have not observed any other bank state their windfall tax on the income statement, perhaps its hidden in the notes or deferred.

Oh OK. my Bad ..thank you.

On windfall tax, banks have been complying
Zenith, UBA, GTB, Stanbic Fidelity, Wema maybe others.

Maybe hidden in their AFS.
https://punchng.com/windfall-tax-banks-pay-fg-n205bn-owe-n600bn/

And who will they sell to; where is the market?

For instance, how many people can buy new car in Nigeria? How many units has Innoson been able to sell till date? Last year alone, the US imported over 8m vehicles, despite still manufacturing

jaybee3:


How are they going to navigate the following:
Political Instability
Corruption cost
Infrastructural Gap

Raider76:
Smart African countries will move quickly and remove those barriers.

If they were smart in the first place, those barriers won't be there right?

https://nairametrics.com/2025/04/04/trump-tariffs-why-us-matters-less-to-nigerias-trade-story-new-report/

Well, let's hope they are wiser now. You can't stay dumb forever. Let's be optimistic.

Agbalowomeri:


If they were smart in the first place, those barriers won't be there right?

Again, they are not selling here. They will manufacture here and export. Exports from Africa have lower tariffs under the psyco Trump tariffs policies.

olig:
And who will they sell to; where is the market?

For instance, how many people can buy new car in Nigeria? How many units has Innoson been able to sell till date? Last year alone, the US imported over 8m vehicles, despite still manufacturing

Agbalowomeri:


If they were smart in the first place, those barriers won't be there right?

Exactly.
Infrastructure doesn't get fixed in 24hrs.
We also need a geographic spread. Not just Lagos n Abuja and few others.

olig:
https://nairametrics.com/2025/04/04/trump-tariffs-why-us-matters-less-to-nigerias-trade-story-new-report/

May be true..
But at least our own dangote's export go hear am.

We just like feeling bad about ourselves. We may have good reasons for that. But there are solutions. What of the EPZs? We can go in quickly and fix everything. We don't have to fix the whole country cos they won't be manufacturing all over.

chimex38:

Exactly.
Infrastructure doesn't get fixed in 24hrs.
We also need a geographic spread. Not just Lagos n Abuja and few others.

Read the report well. It says oil market are diversified, and oil can be redirected to other markets.

BTW. I hope this US tariff thing helps to wakeup our government that is doing the exsct opposite in refining oil. We are in effect encouraging dumping of PMS on ourselves in the name of encouraging competition with our local refining.

chimex38:

May be true..
But at least our own dangote's export go hear am.

Time to buy dangsugar guys 32-33 is sweet spot

Ding!

chimex38:

May be true..
But at least our own dangote's export go hear am.

I heard refined products are not affected by the tariffs so Dangote refinery would do fine.

heavenisreal18:
Pls help me on how to get my late dad dividends since SEC declared all diviends to be paid the registrar's have been asking us to bring evidence, a lawyer letter, istration letter .

Calll me on 08066451167.

Youngzedd:


Warren Buffet saw the future and was busy selling (taking profit) last year.

He got over 300B in cash. Once he starts buying, the bottom is in.

When would people know he has started buying - weeks ? or months after ? Perhaps one can still get a middle or back row seat after then or no better seat again sef on the better stocks

Raider76:
They are not saying the companies will sell in Africa, but manufacture in Africa and then export to the US at lower tariffs.

Trump will adjust the tarrifs accordingly

olig:
When are they crediting the bonus?

The thing tire me ooo.
I ed the registrars over a week ago and they told me the crediting had not been fully approved yet.

AXA MANSARD INSURANCE PLC

Proposed Dividend: 45k

Qualification Date: June 25th 2025


Payment Date: July 10, 2025


In 2025, they are giving a 5.48% div yield. Omo, these guys aren't smiling.

DUMP IT.

World stock markets are on red, our market always defiling logic

PuristForest:
Time to buy dangsugar guys 32-33 is sweet spot

Can't someone get it at 28?

chimex38:

Oh OK. my Bad ..thank you.

On windfall tax, banks have been complying
Zenith, UBA, GTB, Stanbic Fidelity, Wema maybe others.

Maybe hidden in their AFS.
https://punchng.com/windfall-tax-banks-pay-fg-n205bn-owe-n600bn/

The punch writer (Oluwakemi Abimbola) deep dive into the 2024 AFS revealed the following banks paid N205.6b wind fall tax
Bank N (b)
Zenith 63.31
UBA 57.91
GTCO 51.25
IBTC 17.18
Fidelity 13.33
Wema 2.62
This can now be compared to the N17.67b reported by FCMB

I guess this is all they will be paying as the writer quoted the UBA's note For 2023 & 2024 based on engagements & reconciliations this is full payment N24.81 & 33.092 respectively for the years

Raider76:
We just like feeling bad about ourselves. We may have good reasons for that. But there are solutions. What of the EPZs? We can go in quickly and fix everything. We don't have to fix the whole country cos they won't be manufacturing all over.

You may be right on feeling bad but the truth is we are hardly ready to take global opportunities if they arrive as a country.
(to digress a bit)
A substantial amount of tech global opportunities from global brands skip Nigeria for Kenya, S/A or Ghana. Especially Kenya.. The few that opened offices in Lagos n Abuja alongside Kenya and others are either shutting down or operating minimally and of course it just has to be Lagos or Abuja and unfortunately rightly so for the investors.. The Kenya hubs are expanding to other regions of theirs.

On Exporting Zones;
According to official website, we only have 8 Active Zones out of 42!!!.
Out of the active 8, only 2 are outside Lasgidi: Calabar and Enugu towards the bottom of the website.
https://nepza.gov.ng/
Like you said, at least the active 8 can be upgraded to a high standard cuz I am sure they aren't all operating at same capacity..

Cuz why can't FTNCOCOA be competing with Okomu or Presco..
Since primary school days CocoA, Cashew and it's nuts has been a cash crop for export
Are some Agric sections not functioning?
I know we had one in Warri or so.

thebargainhunte:
World stock markets are on red, our market always defiling logic

Dey play

GeneralDae:

I heard refined products are not affected by the tariffs so Dangote refinery would do fine.

OK.. make eee fain Ooo.
Na now we need the power of that FTZ..

Youngzedd:
AXA MANSARD INSURANCE PLC

Proposed Dividend: 45k

Qualification Date: June 25th 2025


Payment Date: July 10, 2025


In 2025, they are giving a 5.48% div yield. Omo, these guys aren't smiling.

DUMP IT.

They are seriously defending this one @9. Maybe they plan to raise funds @10