NewStats: 3,265,485 , 8,186,903 topics. Date: Sunday, 15 June 2025 at 08:47 AM 3q4267

emmanuelewumi:


You forgot to say Adebola Adegunwa started as a photographer. He later became the major distributor of Kodak film in Nigeria. He also had photo laboratories all over Nigeria. The properties are now used as Depot for Rite food products and Bigi drink products.

One of the advantages of real estate, the investment can be converted to other uses

Ess-ay Holdings owned by Adebola Adegunwa with headquarters at Adebola House Opebi Ikeja Lagos is a major shareholder of Sterling Bank and CSCS. The company has interest in real estate, manufacturing, insurance, marine, hoslitality etc

Pa Emma is a living encyclopaedia of corporate Nigeria.

seyisanya:
It's fine if an investor cannot read charts but I feel every investor should try and learn how to read and interpret financial statements. We all should make use of this lockdown as an opportunity to acquire new skills that will help us to make informed decisions regarding our investment moving forward.

Please how and where do one start to acquire such skill. I've tried to make inquiries if there is such seminars around where I stay but it seems there is non.

DrAwo:
https://www.sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguidehtm.html

Beginners' Guide to understanding Financial Statement

For those who care to know....

Thanks for this

gabscity:


Taking advantage of information they are privy to about the company to trade the company's shares. It's against the company policy in many multinationals.

All information you need to know about a listed company as an investor are always published on the NSE portal. Directors/management and employees of listed companies are also investors. What the rule says is what has been done to disclose their deals ie purchase or sales. Hence we have what is called closed period during such period it becomes wrong for them to trade that is what is insider trading. Let's be well guided

emmanuelewumi:


You forgot to say Adebola Adegunwa started as a photographer. He later became the major distributor of Kodak film in Nigeria. He also had photo laboratories all over Nigeria. The properties are now used as Depot for Rite food products and Bigi drink products.

One of the advantages of real estate, the investment can be converted to other uses

Ess-ay Holdings owned by Adebola Adegunwa with headquarters at Adebola House Opebi Ikeja Lagos is a major shareholder of Sterling Bank and CSCS. The company has interest in real estate, manufacturing, insurance, marine, hoslitality etc

At the bold, I must commed his son, Seleem Adegunwa who came into the company after his MBA at Bristol for revolutionising the beverage sector of the company. Fearless drink has become the energy drink market leaders giving J.I EJISON's Blue Bullet energy drink a run for their money. Most distributors of blue bullet are now applying for rite food distributorship as a result of huge demand for fearless energy drink.

Although their cola products aren't controlling market shares when compared with Coca-Cola and Pepsi-Cola, probably they should take a clue from FIRSTBEV Nigeria, who in less than 2 years of establishment in Nigeria, their products, RC Cola is giving NBC and 7up Bottling Company stiff competition due to the price of RC cola being cheaper when compared with others.


I must commed chief Adegunwa, just like Vaswani brothers, have ensured that their children after studies abroad, come back to their company to pilot affairs and move it forward.

Ehuatamuigunisi:


Not everyone can read and interpret financial statements. There are many in the market who rely on financial experts to give summary of the numbers from those companies before making their financial decisions.

Then i will advise you steer clear of long term investment.

schoolboi:


At the bold, I must commed his son, Seleem Adegunwa who came into the company after his MBA at Bristol for revolutionising the beverage sector of the company. Fearless drink has become the energy drink market leaders giving J.I EJISON's Blue Bullet energy drink a run for their money. Most distributors of blue bullet are now applying for rite food distributorship as a result of huge demand for fearless energy drink.

Although their cola products aren't controlling market shares when compared with Coca-Cola and Pepsi-Cola, probably they should take a clue from FIRSTBEV Nigeria, who in less than 2 years of establishment in Nigeria, their products, RC Cola is giving NBC and 7up Bottling Company stiff competition due to the price of RC cola being cheaper when compared with others.


I must commed chief Adegunwa, just like Vaswani brothers, have ensured that their children after studies abroad, come back to their company to pilot affairs and move it forward.

I must commend him for investing in his children's education and making them to come and work in the family business considering the fact that Adebola was not educated up to the secondary school level. That was the mistake richmen of old like Adeola Odutola made. After educating their children abroad, they will want their children to work in the civil service or foreign companies like UACN, Leventis, CFAO, Cadbury or the banks. In about 10 years after the death of the founders of such family businesses, the businesses will also collapse. They have different range of drinks, their bitter lemon is my preferred product

If you are in Lagos or the South Western part of Nigeria, Bigi drinks are the preferred drinks of the people, ask the hawkers who sell drinks in traffic.

I must also commend the humility of his children, they are not spoilt brat. I have known Tairat who represents Ess-ay holdings interest on Sterling bank since 2006 when she was working at FBN Capital and I happened to be a client. Very humble and deligent, it was two years ago when I bought Sterling bank shares and saw her picture as one of the directors of Sterling Bank representing Ess-ay holdings that I got to know that she is Adebolas daughter

OBAGADAFFI:


Yes , in know It is self explanatory.

Does it mean anytime member of Staffs that buys and sell their company's REGULARLY shares as little as 500 units the NSE most be notified?

Because i noticed some guys buy a sell their company share regularly.

Yes

FCMB Shifts AGM to Head Office

https://businesspost.ng/banking/fcmb-shifts-agm-to-head-office/

NASD Exchange Records One Deal Wednesday
https://businesspost.ng/economy/nasd-exchange-records-one-deal-wednesday/

Stocks Gain N344bn as Year-to-Date Loss Shrinks to 16.03%
https://businesspost.ng/economy/stocks-gain-n344bn-as-year-to-date-loss-shrinks-to-16-03/

Brent Declines to $28 Per Barrel as WTI Nears $21
https://businesspost.ng/economy/brent-declines-to-28-per-barrel-as-wti-nears-21/

CBN Sells Treasury Bills to Local Investors at 1.93%
https://businesspost.ng/economy/cbn-sells-treasury-bills-to-local-investors-at-1-93/

Afioluwagrace:
1. The world is changing from what we used to know. Challenges abound on every continent and many businesses are shutting down at an alarming rate. The future right now belongs to those who prepare for it, and there is no better way of doing that than investing in an ever-relevant industry (Agriculture and food).
2. Agriculture has been around for as long as we can , and will still be around for many more years to come. FarmKonnect Nigeria, the first Agricultural Real Estate Company in Nigeria, has been blazing the trail in the agricultural industry for several years. With investment opportunities which range from N50,000 to several Millions of Naira, they have made it possible for everyone to enjoy impressive returns on investments. They run with a model that gives about 80% total profit to customers, setting them apart from everyone else in the industry.
3. FarmKonnect Nigeria is duly ed with the Corporate Affairs Commission, with over 15 years of experience. You can tap into the wealth of Agriculture by connecting with them. You have the following benefits to enjoy:
a. Become a farmer without having to sweat on the farm.
b. Have access to a wide range of investment packages,
c. Get regular updates on your investment,
d. Receive impeccable customer service,
e. Enjoy up to 80% ROI (depending on your package).

4. There is a lot more that FarmKonnect offers you as a customer; take advantage of these now and secure your tomorrow today. Call Babalola Grace now on 08029098676 or mail her on [email protected] and [email protected]. You can also visit www.farmkonnectng.comm.

You are in a wrong thread. Take your Ponzi scheme elsewhere.

handsomebolanle:


Boss... Thanks so much for your contributions..

Please where do I get to read financially statements from.?? And how often do they come out..?

I will appreciate your response and anyone who might have a guide...

NSE website is your best bet.

OBAGADAFFI:


Yes , in know It is self explanatory.

Does it mean anytime member of Staffs that buys and sell their company's REGULARLY shares as little as 500 units the NSE most be notified?

Because i noticed some guys buy a sell their company share regularly.

Dont think it affect member of staffs..
Used to buy and sell my coy shares..
Even as a staff...
Never inform anyone or SEC...
Maybe they have a way of trackini it..

Afioluwagrace:
1. The world is changing from what we used to know. Challenges abound on every continent and many businesses are shutting down at an alarming rate.

Everyone is taking advantage of Covid to market their wares.The 2 people i know who invested in these agricultural schemes lost all their funds. Whoever ed those days of Nospetco,Sefteg and the likes,the gullible ones will fall though.

*Now trending on Nairametrics.com*



See 5 signs indicating that Nigeria is heading for a recession
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How five Nigerian tech-startups are tackling COVID-19 outbreak
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Nigerian Stocks on ‘steriods’ as returns bests treasury bills, bonds
https://nairametrics.com/2020/04/16/nigerian-stocks-on-steriods-as-returns-bests-treasury-bills-bonds/



Blue-chip stocks rally Nigerian bourse, as Investors gain N344 billion
https://nairametrics.com/2020/04/15/dangcement-zenith-bank-fbn-push-nses-indicators-as-investors-gain-n344-billion/



Vitafoam Nigeria Plc announces closed period for Q1 2020 result
https://nairametrics.com/2020/04/15/vitafoam-nigeria-plc-announces-closed-period-for-q1-2020-result/



4 key sectors CBN plans to pump money into
https://nairametrics.com/2020/04/15/4-key-sectors-the-cbn-plans-to-pump-money-into-4-key-sectors-the-cbn-plans-to-pump-money-into/


Crude oil price plunges by 5% over demand slump, supply glut concerns
https://nairametrics.com/2020/04/15/crude-oil-price-plunge-by-5-over-demand-slump-and-supply-glut-concerns/



*Brought to you by wealth.ng*

1kinggy:


NSE website is your best bet.

Thanks so much...I will keep on the look

Willie2015:


Dont think it affect member of staffs..
Used to buy and sell my coy shares..
Even as a staff...
Never inform anyone or SEC...
Maybe they have a way of trackini it..

That's was why I need the clarification for Oga emmanuelewumi.


But since he said " YES" I will take it like that, until further information.

Hi everyone, good day! I’m an undergraduate who is set to graduate this year. I’ve always wanted to invest in the Nigerian stock markets, I would appreciate any guidance, book recommendations, websites and stocks picks that would make me a successful investor. Thanks a lot!

Mills55:
*Now trending on Nairametrics.com*


Vitafoam Nigeria Plc announces closed period for Q1 2020 result
https://nairametrics.com/2020/04/15/vitafoam-nigeria-plc-announces-closed-period-for-q1-2020-result/

It is the H1 or Q2 not Q1

OBAGADAFFI:


That's was why I need the clarification for Oga emmanuelewumi.


But since he said " YES" I will take it like that, until further information.

It is the board and key management staff not every staff.

Well I dont know how this would work. Since it is as if it is being ignored, I want to say dont fall for scam.

Take serious caution

Afioluwagrace:
1. The world is changing from what we used to know. Challenges abound on every continent and many businesses are shutting down at an alarming rate. The future right now belongs to those who prepare for it, and there is no better way of doing that than investing in an ever-relevant industry (Agriculture and food).
2. Agriculture has been around for as long as we can , and will still be around for many more years to come. FarmKonnect Nigeria, the first Agricultural Real Estate Company in Nigeria, has been blazing the trail in the agricultural industry for several years. With investment opportunities which range from N50,000 to several Millions of Naira, they have made it possible for everyone to enjoy impressive returns on investments. They run with a model that gives about 80% total profit to customers, setting them apart from everyone else in the industry.
3. FarmKonnect Nigeria is duly ed with the Corporate Affairs Commission, with over 15 years of experience. You can tap into the wealth of Agriculture by connecting with them. You have the following benefits to enjoy:
a. Become a farmer without having to sweat on the farm.
b. Have access to a wide range of investment packages,
c. Get regular updates on your investment,
d. Receive impeccable customer service,
e. Enjoy up to 80% ROI (depending on your package).

4. There is a lot more that FarmKonnect offers you as a customer; take advantage of these now and secure your tomorrow today. Call Babalola Grace now on 08029098676 or mail her on [email protected] and [email protected]. You can also visit www.farmkonnectng.comm.

Market shaking off weak hands to make room for bargain hunters.

When it rains, it pours. NSE seeing a massive pullback.

GT, Zenith, Access in early bashing.......GTB stabilizing now......with more bids than offers, 17M bids to 3M offers....
Panic extended to few other stocks....
Nestle needed a "bail out", 100k to move the price up....

Blood everywhere, where is my cutlas

Mcy56:
GT, Zenith, Access in early bashing.......GTB stabilizing now......with more bids than offers, 17M bids to 3M offers....

Na to pack zenith now o!

dinyelutochukwu:
Na to pack zenith now o!

Watch it first so you can enter at bargain......once the dumping stops....
Zenith is the only stock most affected by the dumping, another opportunity presenting itself for bargain hunters.....

NB: When I said opportunity is presenting itself, not necessarily saying today (or not) we keep watching to know when it's about to reverse .....

To me, 14.35/14.40 wouldn't be bad for Zee, but it's Zenith we're talking about ........the dumpers will be dumping it like sand ni, when they're packing it, the pack like sand too.
We don't know how far they'll go......it may reverse back again....

Fbnh back to 4.80.....attempt to push it down below 4.70 truncated.......

Mcy56:
To me, 14.35/40 wouldn't be bad for Zee, but it's Zenith we're talking about ........the dumpers will be dumping it like sand ni, when they're packing it, the pack like sand too.

It is a shakeout.

Mcy56:

Watch it first so you can enter at bargain......once the dumping stops....
Zenith is the only stock most affected by the dumping, another opportunity presenting itself for bargain hunters.....

NB: When I said opportunity is presenting itself, not necessarily saying today (or not) we keep watching to know when it's about to reverse .....

Hi madam Mcy56, as red they show every where, I have wanted to sell my dangcement, jijo things. I don already cover 17% gain, do you think it is reasonable move at d moment?

ositadima1:
Hi madam Mcy56, as red they show every where, I have wanted to sell my dangcement, jijo things. I don already cover 17% gain, do you think it is reasonable move at d moment?

This is a million question ooo.
It depends on you. Since it Jijo you may sell it. 17% is not bad for JIJO
......but you may have to enter back higher, so, maybe you watch as it's going first since you entered at bottom price.
The decision is now yours.

It's only the fugaz that are getting most of the bashing, the tide may change .......or may not.

Hi Mcy56. Any insights on Oando?

Was waiting when it entered 2.2 last week but it's gone up to 2.9 already.