RabbiDoracle:


FTN cocoa should be delisted. Is that firm still alive?

Agricultural stocks will need to sell off later. I foresee Okomu at N35 and PRESCO at between N25 to N28. Just tread carefully.

Sir,
When will these happened?

Am waiting for these prices

How fast can you solve this
easy riddle?

jamace:


Dry bones do rise again....One serious investor can change the destiny of Ftncocoa.... I have a dream..

Some stocks are better included as part of WILL for great grand children

Dsticks47:
How fast can you solve this
easy riddle?

N2000

jamace:

IMPOSSIBLE = I'M POSSIBLE .....I have a dream.

I pray the dream will become a reality in your life time

Valueinvestor:

Some stocks are better included as part of WILL for great grand children

All assets and Investments should be included in your will

Arhhhhhhhhhhhhhhh. It is just N1,000.

OBAGADAFFI:


N2000

RabbiDoracle:


FTN cocoa should be delisted. Is that firm still alive?

Agricultural stocks will need to sell off later. I foresee Okomu at N35 and PRESCO at between N25 to N28. Just tread carefully.

...this one na Gut Analysis o!

jamace:
Whenever I look at PRESCO and OKOMU, I use to have hope that one day FtnCocoa will be like them. .....I have a dream.

Wishful thinking

rebekah2011:
Arhhhhhhhhhhhhhhh. It is just N1,000.

Lol, from the store

He stole 1000(cash)
Bought goods worth 700
Collected change of 300(cash)


The store owner lost
N1300 in cash
N700 worth of goods

OBAGADAFFI:


Lol, from the store

He stole 1000(cash)
Bought goods worth 700
Collected change of 300(cash)


The store owner lost
N1300 in cash
N700 worth of goods

It's N1,000

He went home with N700 goods and N300 change only

ukay2:


It's N1,000

He went home with N700 goods and N300 change only

Lol, i get it now

N700 goods and N300 change, replced the N1000 he stole

OBAGADAFFI:


Lol, from the store

He stole 1000(cash)
Bought goods worth 700
Collected change of 300(cash)


The store owner lost
N1300 in cash
N700 worth of goods

Yes if he stole the 1k from the store

Dsticks47:
How fast can you solve this
easy riddle?

The owner lost #300 naira only since the question mentioned money and not goods.

Stocks with new 52 week highs
Ftn cocoa #0.22k
NNFM #4.50k
Upl #1.49k

Biafran4life:
The owner lost #300 naira only since the question mentioned money and not goods.

See technicality, abeg. Bro, you be lawyer?

Pls I want to know how I can withdraw funds from my MorganCapital account after the sale of stocks.

Watch out for Guinness. May touch 45 within 1yr

emmanuelewumi:



All assets and Investments should be included in your will

Absolutely sir

kayuscares4u:
Pls I want to know how I can withdraw funds from my MorganCapital account after the sale of stocks.

Just send them an e mail stating the amount you want to withdraw

onegentleguy:


OKOMU, PRESCO and FTN cocoa in one line?
Reminds me of that song by Abba
...lyrics;

"I have a dream, a FANTASY
To help me through... reality
And my destination makes it worth the while
Pushing through the darkness still another mile
I believe in angels
Something good in everything I see
I believe in angels
When I know the time is right for me
I'll cross the stream - I have a dream"

But I just don't know if there's SOMETHING GOOD to see in FTN at the moment or if indeed there are ANGELS lurking around !!
Just hope that those wishing to take that DESTINATION wouldn't experience that part in bold.

...caution.

Regards

Dont think so...
CPO is used by the rich and poor...
We still have other food and hygiene based products(largely oil palm based)...
Basically Domestic demand is high...
Downside is only if FG open the borders for coys to import...
We know the stance of PMB on border closure....
For now.. I am bullish on Presco...

Valueinvestor:

Just send them an e mail stating the amount you want to withdraw

Oh perhaps that's one of meristem's strength, with their app you can withdraw easily. I am surprised Morgan does not have such option?

onegentleguy:

In valuing an asset using the DCF method, the KEY to EFFECTIVE PRICING lies in;

1) The discount rate. ...what u intend to rake-off from the proposed investment in lieu of future risk.(benchmark of present to future value of money in view)
2) The growth rate. ...how u perceive of the coy looking into the future(efficiency in view)

With the 1st, I always advise folks to use a discount rate that beats(@ premium to) the average of the sum of ur surrounding interest rate and inflation rate at the time. That way, u would've factored in all key surrounding risk into ur forecast.
...and a growth rate that's an average of, or a % discount from the assets current FCF growth
If and when a company looks to be undervalued with 0% growth rate, then u surely have more upside than downside.
...which is why u SHOULD use FCF growth rate and NOT that of earnings(EPS). Like I always tell folks; A coys earnings does not tell the whole story. It can always be manipulated.(either up or down)
Alternatively its even better to use C/S growth rate or change in CGPR but not EPS.

To illustrate;
If u use earnings growth rate for an asset with accelerated EPS that resulted from a cycle, a one-off event or an unsustainable rewarding environment(OKOMU and PRESCO comes to mind here), then u certainly would fall into a huge trap.
If u must utilize earnings growth alone, then do a scrutiny on the coy using EM/EPS BOOTSTRAPPING to guage its TRUE earnings power.

When u are done with 1 and 2 above, always use an MoS that's at least 3x ur discount rate. ...and where the business is seasonal, use an MoS of >5x ur discount rate.

If u follow up with the above guide, u'll find that DANGOTE CEMENT' FVE should even be slightly higher than ur estimate(they have cash)
...while a coy like WAPCO should have NO business selling for less than N23.85(assuming zero growth and adjusting for maximum risk) ...else, FVE should compute to N28.10.(They have more than enough cash)

Disclosure: For some genuine reason, the DCF(though ok) is certainly not the best method to value coys in the cement industry.
Otherwise u may not see the IMMENSE POTENTIAL in the coy with the current greatest value proposition in that sector- WAPCO !!

It is well.

Willie2015:


Dont think so...
CPO is used by the rich and poor...
We still have other food and hygiene based products(largely oil palm based)...
Basically Domestic demand is high...
Downside is only if FG open the borders for coys to import...
We know the stance of PMB on border closure....
For now.. I am bullish on Presco...

That means u probably didn't understand the essence of the post.
See the post I quoted(from @ jamace) to get a clearer view.

My post was meant to put out the point that one should NOT compare a struggling company like FTN COCOA to heavyweights like OKOMU and PRESCO.
...and that those seeking to align with the 1st(FTN) should apply caution.
Read that post again.

That said, I do agree with Oracle that the prices of OKOMU and PRESCO may be slightly high from a value-investing perspective.
Folks should be cautiously optimistic while buying into them. ...they are merely recipients of the current lapses in the environment. U already mentioned one of them.(border closure)
I stated it clearly in some of my past post here.(see the parts in bold from post above)

Bottom line;
Both(OKOMU and PRESCO) are great coys but just ensure u don't overpay for them !!

Selah

Biafran4life:
The owner lost #300 naira only since the question mentioned money and not goods.

Dear the answer is N1,000.
I can sense ur thoughts on why u opted for a N300 answer, but if we have to apply that logic, then we would be assuming that the store owner got that N700 product for free. ...or that he can get a replacement for the one sold for free.
Contrarily, he most probably would've paid money to get it, and their are also cost lines(COGS) associated with the sale.
Perhaps his NI(net income) is just N100.(i.e he bought the item for N550 while all cost line per product is N50)
However, he(the store owner) would have to account for that N700 as gross amount in his books.
...so his actual monetary loss is N1,000

Regards

onegentleguy:


That means u probably didn't understand the essence of the post.
See the post I quoted(from @ jamace) to get a clearer view.

My post was meant to put out the point that one should NOT compare a struggling company like FTN COCOA to heavyweights like OKOMU and PRESCO.
...and that those seeking to align with the 1st(FTN) should apply caution.

Read that post again.

Ok and Noted

What is the going on in UACN, 111million units sold just today. It is well o

dharpzee:
What is the going on in UACN, 111million units sold just today. It is well o

It is coming to my MOS ;

Shey hope they this Nigerian market like this?
Or is it the period??

Portfolio in red ever since.

Penboy:
Shey hope they this Nigerian market like this?
Or is it the period??

Portfolio in red ever since.

There is no hope

Penboy:
Shey hope they this Nigerian market like this?
Or is it the period??

Portfolio in red ever since.

The party is over.

emmanuelewumi:



There is no hope

It's Buhari. Investors hate him.

Penboy:
Shey hope they this Nigerian market like this?
Or is it the period??

Portfolio in red ever since.

We just have to wait and see.....

The govt policy is just not it at all....