kolaish:
Remember that the sale of their noddles was factor into the EPS. That notwithstanding, DF still remains a stock to hold or buy more when the price go down a bit.

Mpeace:
Without the sale of the noodle section, Dangflour should have an eps of 2.3. What then should the fair price be.

lancee:
pls house Is the market opening today or closed


Thanks

Coolcash1:


This is why I follow Alhaji bumper to fender....My Fair price of the stock based on this impressive result is N35.

kolaish:
Learn Africa proposed 14k dividend. I will see if I can get some units on Tuesday.

debostar:
Please,has anybodyI have received the following in that order
APR-tuesday
UCAP-wednesday
Afriland-thursday

all this week received dividend from UBCAP this year?

awesomeJ:


Everything looks good with this one though.

DY at 14.43%,

EPS at 34.5k implying a 2.8x PE,

120% growth in PBT YoY.

CP, please what do you have for fair price?

House, anyone with any concern on the stock?

Kolaish, many thanks for the hint.

wanaj0:


So a PE of 12 ok ooo

shigidi:


A pe of 12 won't be bad if they keep up this growth rate . Nestle is pe of 30. Nigerian Breweries as well

phemmie06:

Morgan a minimum of 20k for start and Meristem 10k

wanaj0:


This was evident since! Far better than UPL in my opinion. But not a liquid stock. To get one million units will take you till eternity. Worse if you want to sell. Good for dividend yield though..

Mpeace:
Without the sale of the noodle section, Dangflour should have an eps of 2.3. What then should the fair price be.

IchimokuPilot:


N17

debostar:
Please,has anybody received dividend from UBCAP this year?

awesomeJ:

Funny for a stock with almost 800m OS.

phemmie06:

Morgan a minimum of 20k for start and Meristem 10k

ekesoft:
but is the money going too be taken for the account.. Or I can still trade with the money

shigidi:


A pe of 12 won't be bad if they keep up this growth rate . Nestle is pe of 30. Nigerian Breweries as well

wanaj0:


And you think Nestle and Nigerian Breweries are in the same category??

Even Flour Mills MUST trade at a premium to Dangote Flour.

Any company with a PE >10.00 is a NO NO except it is a TURNAROUND

That growth rate is difficult to sustain.

phemmie06:

Initial deposit it is all yours, if you like you can use it to buy Dáar communications or union diagnostics but in ten years you might not receive a dividend.

ekesoft:
okia... Tanx I just send yhu an email... For more private talks.. Tanx man

onegentleguy:




Sir Wanajo while I agree that a PE less 10 is a better yardstick to guage the sustainability of their earnings, I believe u will also agree with me that DF is the epitome of a complete growth stock. ...and looking at the strength in their Nos, even a PE of 15 would never be any worry.
Again I just wonder if u were actually refering to Dangote Flour in the part of ur post in bold. ...I think it will be comical for anyone to doubt the sustainability of DFs growth rate, given were they are coming from.
...but that would be only if u would want to admit to the TRUTH BEHIND THEIR FIGURES.

phemmie06:

Questions are best asked here for different opinions which you will be able to pick from

Jejebaba:

Bad result from Lasaco, EPS dropped from 16k to 12k. No wonder the stock went south yesterday and I bought close to 2M units at 0.33, with 4 kobo dividend, dats 12.12% dividend yield. This stock might go south again next week based on the bad result.

ekesoft:
thanks man..i agree with that....... Please what am I gonna fill deir... Since I don't have a standard source of income.... I really love ur help

Mcy56:

I dont think its that bad as you claimed.

gamaliel9:


I have received the following in that order
APR-tuesday
UCAP-wednesday
Afriland-thursday

all this week

wanaj0:


Some of the shareholders may not even know that they own the stock. These are 'old' companies with 'old' shareholders. The company use to be called Longman. The only major book publishing company outside of Ibadan.

wanaj0:


So a PE of 12 ok ooo

kolaish:
Are you talking about DF? I stand to be corrected though because the PE should be around 5.5

ekesoft:
please which one should I pick