aj8:




EPS for 6 months =0.80
X2 for 1 year =1.60
X4 for target =1.60 x4 = 6.40
Dividend payment is poor so apply 75% =6.40 x 75% = N4.80

Target is N4.80 if they continue to do well. However range is N4.80 -N6.40. Dividends may take awhile to climb. However to maintain that price, they must declare at least 20k dividends.





Due diligence as always.

I thought you said best qtr EPS which would have been 1.03 for qtr2 without a caveat.
Just trying to point out that no method is foolproof & newbies should always do their DD and not depend on handouts.
Your inputs are highly appreciated.
🙏

DrAwo:
Last week, I saw an excellent post by CHIDI UZO with a beautiful chart showcasing the monthly and annual returns of NGX ASI over a 10 year period. He kindly consented to my reproducing the chart.

it was thought provoking and led me to write an article about a few lessons I took away from looking at the chart.

I hope you find it instructive...

https://stocksng.com/lessons-from-10-years-of-market-returns/

Nice one..

DrAwo:
Last week, I saw an excellent post by CHIDI UZO with a beautiful chart showcasing the monthly and annual returns of NGX ASI over a 10 year period. He kindly consented to my reproducing the chart.

it was thought provoking and led me to write an article about a few lessons I took away from looking at the chart.

I hope you find it instructive...

https://stocksng.com/lessons-from-10-years-of-market-returns/

Just a few comments from the yearly matrix in the linked article, which i find quite insightful. Although i am not totally aligned with the author in certain areas, i find interesting the fact that we have had 4 consecutive bullish years from 2020, with 2020 yielding the best returns. Q4 yields best monthly returns and Q1 the worst, means that we should prepare for the imminent bearish market in the coming months.

It is better to be conservative in your estimate and factor risk.

KayOn1:


I thought you said best qtr EPS which would have been 1.03 for qtr2 without a caveat.
Just trying to point out that no method is foolproof & newbies should always do their DD and not depend on handouts.
Your inputs are highly appreciated.
🙏

.

kalkah:
It is better to be conservative in your estimate and factor risk.

100%

Please has anyone received their Wema Bank Right Issue documents?
I am yet to receive mine. Any ideas on how to go about it?

Thank you

DrAkpa:
....I will wait till January to offload as that's when dividends and quarter results would be declared.

Results and dividends are not declared in January.....we should be looking at Feb ending/Mar-Apr...
Just to correct this, so you can know how to plan your trades well.
*Pls note: Not saying January is bad to offload o.

DrAwo:
Last week, I saw an excellent post by CHIDI UZO with a beautiful chart showcasing the monthly and annual returns of NGX ASI over a 10 year period. He kindly consented to my reproducing the chart.

it was thought provoking and led me to write an article about a few lessons I took away from looking at the chart.

I hope you find it instructive...

https://stocksng.com/lessons-from-10-years-of-market-returns/

Reminds me of the fruits trees around while growing up.
We need a new drive to plant fruit trees all over our cities

PuristForest:


Just a few comments from the yearly matrix in the linked article, which i find quite insightful. Although i am not totally aligned with the author in certain areas, i find interesting the fact that we have had 4 consecutive bullish years from 2021, with 2020 yielding the best returns. Q4 yields best monthly returns and Q1 the worst, means that we should prepare for the imminent bearish market in the coming months.

Accept my warm handshake boss... I love how you stated your case... Much respect..

PuristForest:


Q4 yields best monthly returns and Q1 the worst, means that we should prepare for the imminent bearish market in the coming months.

To take the discussion further, your observation that q4 is usually positive and q1 negative is probably not always true. I don't think one can safely build a strategy based off this as it is market timing in my own world.

Q4 was terrible in the first 3 years on the chart and q1 was fair in the last 3 years...

Any thoughts?

kai, UBA last week was making us believe it was gonna cross the 25naira threshold only to return back to 24

gbengafaro1986:
kai, UBA last week was making us believe it was gonna cross the 25naira threshold only to return back to 24

Lol. That's market for us nah.
Different participants with different motives and goals.
Besides, the buyers are still in market.......only that prices are not appreciating today as may be expected......but no significant fall in prices either....... generally
It's like you jumped into the ship at high price..

KayOn1:


I thought you said best qtr EPS which would have been 1.03 for qtr2 without a caveat.
Just trying to point out that no method is foolproof & newbies should always do their DD and not depend on handouts.
Your inputs are highly appreciated.
🙏

Thank you.
UPL is not a growth stock. .

Common Sense Strategy

My thoughts!!!! DYOR
Chams - i think this asset is completed its rally with an extended 5th wave, waiting for continuation from 1.1 region
Royalex - still looking healthy, may test 0.54 again before a decisive break of 0.672 high
UPDC - heading to short term target
ftn - in buy zone..watching/waiting for major rejection and reversal pattern - interests!
eterna - buy zone ..watching/waiting
tantalizer - still waiting at 0.4 region. may or may not come
multiverse - break of 9.9 resistance will open door to 12.2, else short term correction(riding since 3.3))
oando- waiting at 9.6 region
ucap - next stop 24.9
Sentiment is bearish, investors taking short term profit

Welcome back!

Welcome back. Now I understand the value of Nairaland

This new format is killing me

Ewoo, we're back. Thank God

Yeah WE ARE BACK!

egojeny1:
Ewoo, we're back. Thank God

congrats

I missed being here. Welcome back online.

Thank God we back....oya no time what's happening in TRANSCORP closed on full bid #7.70 yesterday....board meeting was also held yesterday, any information on outcome of the meeting?

Princkez:
Thank God we back....oya no time what's happening in TRANSCORP closed on full bid #7.70 yesterday....board meeting was also held yesterday, any information on outcome of the meeting?

I have been waiting fo this platform to reopen so I can thank Loco for the Transcorp recomendation he made some days back.
On the strenght of his recomendation I added a few units more.
Justt see where we dey now

Testing

I missed Nairaland. Thank God it's back.

Loco see your Caverton

Transcorp is on fire

Freespirit89:
Yeah WE ARE BACK!

I am so happy.. I missed Nairaland

Boshins:
unbundling news... I believe the market will react positively to this news... Apart from this, something cool is coming from d stable of Transcorp......

we move...

Gsk
Some want to sell @ 18.70 despite the 17.42 exit price.
How?

Oando going to #7?

Thank God Nairaland is back up.
Missed this forum.
Discovered my day wasn't complete without it.
Like I was in the dark and cudnt see.