NewStats: 3,264,410 , 8,183,646 topics. Date: Tuesday, 10 June 2025 at 11:27 PM 5q4342

ARADEL. ±
CONOIL. ±
ETERNA. -9.66%
OandO. ±

The market is bloody. The only saving grace will be the releasing of audited fantastic results, If not, this red will continue.

ositadima1:


Are we looking at the same document? It’s really strange how far our minds can go in twisting evidence once we are invested in a stock.

Even with the ₦208 billion unrealized FX loss—if we exclude that figure—
DangSugawould still have recorded a significant loss. Finance costs ballooned from ₦29 billion to ₦53 billion, which is far above the gross profit of ₦31 billion. And this isn’t even considering operating profit, which is even lower at ₦12.7 billion.

Did you notice that performance is worse than the previous year? Gross profit dropped from ₦86 billion to ₦31 billion, while operating profit fell from ₦72.7 billion to ₦12.7 billion.

My friend, even at below ₦30 per share, this stock is very risky. They haven't found a solution to their problems yet. The only possible fix I see is raising product prices—but how will customers react to that? I don’t know.

To newbies like me, please take the time to examine the financials. Don’t just accept what this guy, me, or anyone else here says as fact. Some people distort reality for personal interests.


Seriously ion understand how you arrived at the bolded, if we add back 208b to profit we would still be at loss, how?

Pls explain..na night school I attend.

📊 Market Recap (Today’s Highlights)

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🔄 Market Wrap: 14 gainers, 46 losers.

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SonofElElyonRet:
First Bank building 40 storey head office at Eko Atlantic City... Misplaced priority?

When was the contract awarded? Under the past or present leadership, do you know? No particular reason for asking.
Just being curious.

zendi:

When was the contract awarded? Under the past or present leadership, do you know? No particular reason for asking.
Just being curious.

Honestly don't know but if you do some Google research you should get the answer

By the way, guaranteed annual 11%-12% NET returns over 25 years on UK apartments.


Good evening.
I am a referral partner with a UK real estate company and they have brand new apartments due for completion in March and May this year. Guaranteed government backed 11% - 12% p.a. returns minimum for 25 years and this is net. Buyer pays nothing for repair etc. it's social housing and has government backing. Ready tenants available...
£5,000 deposit, shortly after buyer pays 25% less £5,000 initial deposit. Then balance of 75% payable upon hand over of the apartment.
Later, the buyer can actually take out some of his funds after purchase according to the real estate firm.. a video call meeting (Zoom etc) with the UK real estate firm can be arranged.. mine is to link serious prospects with the UK real estate company. I get my (referral) fee from the UK property company so buyers don't have to pay me any agency/brokerage fee

Kindly share your email address (you can email me on [email protected] or whatsapp me on 0807-437-0721) for full details. Shalom

I bought relative high at 18:30 and 18:20 consecutively

Raider76:
Is UCAP causing Transcorp and UBA to fall?

caverton, intbrew,champion,transcorp on my watchlist so many great opportunities opening up. These coming weeks will be very crucial for this investment year... ewnation dot com and get the best informed analysis..no dulling! https://discord dot/QXJ8enAcfu (replace dot with dot double g)

Raider76:
Is UCAP causing Transcorp and UBA to fall?

I suspect that
Must be linked to the fact that they are connected entities

SonofElElyonRet:
First Bank building 40 storey head office at Eko Atlantic City... Misplaced priority?

That should be the first time they are having an head office that's theirs

SonofElElyonRet:
First Bank building 40 storey head office at Eko Atlantic City... Misplaced priority?

Very soon, other companies would follow suit and the whole Atlantic City area becomes another traffic-prone like we have in Marina

megawealth01:


That should be the first time they are having an head office that's theirs

Who is the owner of the current head office building?

mikeapollo:


Very soon, other companies would follow suit and the whole Atlantic City area becomes another traffic-prone like we have in Marina

I hope the current vacant skyscrapers at Marina will be converted to residential apartments

emmanuelewumi:



I hope the current vacant skyscrapers at Marina will be converted to residential apartments

Do they real need such building. I hope it is not whr to waste the fund raised they are creating. What value does this project bring to shareholders should be the big question

Streetinvestor2:
Mcy come see this your oga don shift goal post.Dividend that will come April/may.
He said we should expect the bear before mid January .Na so he go still shift go October/November.
TA don dey smoke oncolos.

No wahala,I like the new goal post.The q1 2025 results go done show face as guide for 2025 for FA guys

Lol.
Once 2 or 3 release good results accompany by good dividend, the tide will change.
TA people dorely on volumes to make decisions, if positive outlook surface, their candles go change direction. 😊

I sincerely hope the best results/dividends should come first, especially in the banking sector.

How so?

You think a 130 y-o bank still 'paying rent' for some of their HQ space is normal?
Note that they now operate as a HoldCo so it might be a move to put all entities in one place.

PS: the funds hitherto tagged 'bad debts' will sort a large portion of the building funds...

SonofElElyonRet:
First Bank building 40 storey head office at Eko Atlantic City... Misplaced priority?

emmanuelewumi:



Who is the owner of the current head office building?

Not FBN

Streetinvestor2:
Do they real need such building. I hope it is not whr to waste the fund raised they are creating. What value does this project bring to shareholders should be the big question

They would certainly rent some out like I suppose Heirs Towers do.

megawealth01:


Not FBN

So who owns the building?

megawealth01:


That should be the first time they are having an head office that's theirs

Yeah but 40 storey building? In Eko Atlantic City? That's going to cost an arm and a leg.. they certainly don't need 40 floors and need not be in Eko Atlantic City.. anyway as long as the shareholders don't complain 🤷

emmanuelewumi:



I hope the current vacant skyscrapers at Marina will be converted to residential apartments

Marina is CBD. Not zoned residential

KarlTom:
How so?

You think a 130 y-o bank still 'paying rent' for some of their HQ space is normal?
Note that they now operate as a HoldCo so it might be a move to put all entities in one place.

PS: the funds hitherto tagged 'bad debts' will sort a large portion of the building funds...

But true true, First bank don suppose to dey rent buildings as Head Office na, tey tey sef shoo

Unless it's just relocation..

GUINNESS standing strong.

yMcy56:

Did you factor in our own refinery?
We self don dey refine oil nah

True. The Dangote refinery is ramping up and we have reduced petrol imports by so much this year.

The yellow in this data signifies Port Harcourt Refinery and the blue line signifies imports, the DORC cabotage is Dangote supply via sea and DORC trucking is Dangote supply via truck. Local production dominated the market over imports for the first time in a long while in February 2025.

Source : CITAC Africa.

Streetinvestor2:
Do they real need such building. I hope it is not whr to waste the fund raised they are creating. What value does this project bring to shareholders should be the big question

Everything no be shareholders.

Wale throw party, una cry shareholders.
Now this prestige project and you say shareholders.

The shareholders must have approved the project at a past AGM.

Shareholders should be proud investing in a biz with the tallest hqrs building in Nigeria and W/Africa.

GeneralDae:

True. The Dangote refinery is ramping up and we have reduced petrol imports by so much this year.

The yellow in this data signifies Port Harcourt Refinery and the blue line signifies imports, the DORC cabotage is Dangote supply via sea and DORC trucking is Dangote supply via truck. Local production dominated the market over imports for the first time in a long while in February 2025.

Source : CITAC Africa.

I suppose the point being made is more in reference to the major source of Govt revenue which is the upstream oil sector..
If its global prices drops especially below the $75 bench mark of our budget , it could trickle down to the economy in general like paying salaries, completing projects, etc and indirectly to businesses getting local returns, etc..and negative sentiment to FPI, etc.

Not necessarily directed at Dangote Refinery but entire NGX.
The ngx is a subset of the economy as well..

zendi:
Everything no be shareholders.

Wale throw party, una cry shareholders.
Now this prestige project and you say shareholders.

The shareholders must have approved the project at a past AGM.

Shareholders should be proud investing in a biz with the tallest hqrs building in Nigeria and W/Africa.

Otedola office go dey ontop.

The Billionaire wan see the universe from there
and especially monitor some of these FBN cacus Directors

chimex38:



Otedola office go dey ontop.

The Billionaire wan see the universe from there
and especially monitor some of these FBN cacus Directors

chimex38:

I suppose the point being made is more in reference to the major source of Govt revenue which is the upstream oil sector..
If its global prices drops especially below the $75 bench mark of our budget , it could trickle down to the economy in general like paying salaries, completing projects, etc and indirectly to businesses getting local returns, etc..and negative sentiment to FPI, etc.

Not necessarily directed at Dangote Refinery but entire NGX.
The ngx is a subset of the economy as well..

Yes but I think the Nigerian economy is more sensitive to low crude oil production than it is to prices as long as oil prices can stay above $55 per barrel. If we refine locally, it reduces the pressure on FX. Correct me if I’m wrong, but I don’t think crude oil sales dominate FG revenues like in 2016, it only dominates exports (80%) but if it still does, then increased production to at least 1.8 million bpd this year would help. But crude oil prices has the effect on FX which can be mitigated to an extent via reduced importation.

zendi:
Everything no be shareholders.

Wale throw party, una cry shareholders.
Now this prestige project and you say shareholders.

The shareholders must have approved the project at a past AGM.

Shareholders should be proud investing in a biz with the tallest hqrs building in Nigeria and W/Africa.

Lol.. I like your joke.
We put our money as shareholders because we sent our money to create value for us.FBN has really not created value for shareholders since we participated in the PO of #33.Na bad loan dey take finish shareholders. Make this project no come become another pipe to drain the remaining blood

chimex38:

I suppose the point being made is more in reference to the major source of Govt revenue which is the upstream oil sector..
If its global prices drops especially below the $75 bench mark of our budget , it could trickle down to the economy in general like paying salaries, completing projects, etc and indirectly to businesses getting local returns, etc..and negative sentiment to FPI, etc.

Not necessarily directed at Dangote Refinery but entire NGX.
The ngx is a subset of the economy as well..

You think this new tax bill na joke.Just wait and see the kind money it will bring if it finally succeed which I believe will go through.
It empowers government to collect tax from your bank if you are billed. If yo vex you can go to court. The bank is under obligation to reports your commulative transaction exceeding a particular bench mark for the yr to tax body.