Seplat Energy Plc

There are times when you do calendar like this and it is sweet to you.

They had, like, the works that Harley did on Seplat, that Harley did on Lipton.

Like, they were juicy, juicy work.

Harley finished Lipton from head to toe, like, inside out, outside in, top to bottom, created Asset, did VR, uh-uh.

And then as

we were transitioning to that following year and we started to like three brands, right? I tell you the truth, before I left, I think I was already getting to five brands.

And I remember noticing, because I think then Seplats just came in and stuff, and it was like, oh, yeah, let's work on this.

Okay, Harley, be on this whole matter.

However, it's a challenge, and a challenge that we're taking over very well, rightly.

What, uh, today, um, I'm the incoming chairman of a company, an oil producing company in Nigeria called, um, Seplat, listed on London Stock Exchange, diversified investor base, America, Asia, Africa, everywhere.

And people are interested in, people are investing in the stock, buying, uh, just showing confidence in the company.

Dangote Group has just completed a refinery.

And it get two stocks wey I go dey put eye for.

First one na Seplat.

You know say Seplat, uh, na big masquerade for this Niger stock market.

Na oil and gas, uh, be their hustle.

And so, uh, with wetin all the quarter between the US, Iran, and all those things now, e dey make oil prices just dey go up, they waka dey go up.

So as oil prices dey go up, people dey reason say the money wey go enter Seplat hand, uh, the money go make sense, and na wetin dey make the stock, uh, dey go up for London.

Na 8.62 pounds wey we dey, and some people don even dey reason the matter say Seplat fit jump enter nine pounds or 10 pounds, uh, before the end of the year.

Now you know say Seplat dey Lagos and it dey London.

Since they started operating, this has been the best environment for them.

And then with PIA coming into full force at the end of the year and Arnold Gas, which we are still not able to really value yet, we won't be surprised to see Seplat hit 20,000 Naira before the end of the year.

And after that, you know, a lot more things are going to be happening.

A surprising thing about CEPLA today was there was one block trade of 750,000 units.

Atieh, in summary, is a strong buy.

And you can't talk Seplat in London and not talk about it in Lagos.

It's the same stock same shares just priced differently because obviously London it's found in Lagos it's Naira so at 8.62 pounds let's see let's convert that to USD and then convert to Naira 8.62 GBP to USD what does that give us that's about 11.41 dollars and so Let's convert $11.41 to Naira.

Let's see, 11.4. 11.4 times, what do we use? Can you use a 1380? That puts it at 15.7 and some fraction.

So what's on my radar in this week's trading session on the NJX? Lots of stocks.

CEPLAT, Tango De Cement, the Ugas Bank, First Hold Co. They're on my radar for different reasons.

For CEPLAT, CEPLAT was on a tear last week before a dip in, I think on Friday.

I'm talking about CEPLAT London, ladies and gentlemen.

Same company, London and Lagos, same company, same shares, just different companies.

uh different prices because obviously london pounds dealing pounds in london dealing with naira in nigeria so as surplus has been on the chair all the geopolitical sanctions upstream oil and gas place and even midstream or downstream downstream actually uh they're eating good because the the unique thing about this current dislocation you're not just having a you're having a a supply or logistics issue And you're also having a supply issue when you look at the likes of diesel.