Streetinvestor2:
Pls don't quote me again.make you dey your side.You look at a man and telll him he is arrogant. Say watin happen. Do you feed me or do i know you from adam.Pls get lost.

Be like say you are from Awka, those guys no dey tolerate nonsense at all at all... Why you come change am for am like this, shuoo.

Streetinvestor2:
Oga osita, you can see what I meant that banks will pump thr price before they come to market. They have started rolling the balls.i hope it was you we had that discussion in the past.what do you think will happen to bank stocks with this kind results we are seeing. Let see how the market reacts before they begin thr offers

I don't see any pumping here. The dollar has increased in value by more than 60%, so it is normal to record huge paper gains and substantial interest income on foreign investments. That is precisely what we are observing, nothing more.

If I were asked to present my own version of "hopeville", I would say that the Central Bank of Nigeria (CBN) already anticipated this situation, which is why they made such substantial requests, and the banks did not object because they knew the results would unfold in this manner.

In other words, once the Naira plunged in value, it was a near certainty that these excess gains would materialize.

ojesymsym:
lol... Based on this your explanation, failure rate go high.

Why is that so? Did you catch any inaccuracies in my mini-lecture? It is simple enough. All over the world, when purchasing government treasury bills, you don't pay the face value; you pay the discounted value. Then, at maturity, you get the face value.

So, paying the face value and getting a discount on the bid day in Nigerian banks is actually what I explained. The other point is about yield. Whether it's a treasury bill or any other form of investment, the yield is the return divided by the investment.

Don't come here and badmouth my consultancy business if you don't have any reason to do so. You don't need to like me, okay?

lajid:


I get the concept it’s still not making sense tho how they got the calculation, reason I asked

Now, pay attention to my mini masterclass in personal finance.

You invested 100,000 in Treasury Bills at a 16% discount rate. They pay 16,000 upfront (that is, at the start of the tenure, they return 16,000 to you). Effectively, they collected 84,000 from you, and at the end of the tenure, they pay you 100,000 (they call this the face value).

Now, pay attention very carefully, I am about to say something very important.

Yield is the extra money you get divided by initial investment. You invested 84,000 for the tenure and got an extra 16,000. The yield should be 19%, while the discount rate is 16%.

There will be a final exam on Monday.

Johnwrite:
We have just been hearing all these things for a very long time, how do you make money out of it

I believe someone here said, "Follow the money."

Learn to use clues from information like these to draw reasonable conclusions. The more confusing the situation, the better.

Remember that everyone has access to the same information as you, and will probably act on it, sweeping any informational advantage off the table. It is often the confusing information that gives you an advantage if you manage to position yourself on the right side.

KayOn1:


Just read thru all my posts from Pg.7740 onwards. Bros, I no see where I talk say DS result bad o except if eye don dey pain me. I only said, "make we see if e go fall another max today, then we will take it from there" which it did fall.

The next statement I made regarding DS was that Trends do not move in a straight line which you know except you wan dey economical with the truth.
I am always sympathetic when people loose their hard earned money in investment choices that don't pan out as they planned because I know raising capital is not easy but it still doesn't stop me from saying the hard truth.

Abeg, if you see where I talk say DS result bad, show me make I know when to begin go see my eye doctor.

Udo!!!

Sorry o, na one person them been dey call KarlTom talk am. I don do enough tik tok for today, I need to rest jare.

KayOn1:


Bros, Long grammar no dey pay again. All the grammar, " og-one ka o putalu na afia"
Start mopping up, we go buy from you later. Na your body go tell you.

You no go because you want to buy at bargain they talk something way dey incorrect.

DS never release Q1, u talk say they release and it is bad.

U talk say DS go dey fall, I talk say not necessarily, look at bids.

Some guy say Nascon bad, I talk say na FX make am bad small o cos dey still make profit, if not na very good eh be.

So, d coco be say, no dey add salt and pepper, cos somebody go correct you.

222Martins:
The negative result from Vitafoam seems to originate from Administrative expenses......... Administrative expenses jumped from 3,978,504,000 to 16,742,883,000... That is a whooping 320% increase.

Read the notes and you will find out that it is still due to foreign exchange losses, about 7 billion naira.

I noticed that companies that avoided reporting the foreign exchange losses in their annual results did so in this first quarter. I mean manufacturing companies. Service companies like NAHCO and some others didn't have this problem.

One exception is MTNN; it reported these losses in both reports.

PETERiCHY:



Why delete

For your information forbe richest list for 2024 is already out.

Now all 3 Dangote stock that was pumped to boost his networth are all currently on full offer. Dangcement. Dangsugar and Nascon.

We've been in this GAME for too long.

I have stopped taking any statements that are based on hopeville seriously; it is the new age of evidence-based reasoning.

It is a 20 naira stock abi, and we have people buying it in the millions. 100,000 units are even uncountable.

Maybe na money miss road, or corrupt politicians abi? Lol, you may not see it at 40 by nextweek sef, they way some people are swallowing it.

Streetinvestor2:
The nse is reflection of the economy. Guy naija red right now so what do you expect from companies. People are just looking for money to eat food.

No, that was not the issue. Revenue increased by almost 40%, while gross profit increased by 60%. In my opinion, NASCON performed very well. The problem lies with the exchange rate losses.

KarlTom:
DANGSUGAR Q1 loss is

Seems to be the reason for the sudden movement...

Be like say na only u see d Q1

KarlTom:
From 84 to 39.

Stay strong all DANGSUGAR faithfuls

From 18 to 84 and then to 39 in less than one year, don't distort information with half-truths.

Mrshape:
the difference two answers have 17 point something and two answers has around 25 point something with there difference only in the 2nd decimal place

What were the triangle's hypotenuse and adjacent side? Let me check something.

Mrshape:
On Tuesday morning, April 23rd, 2024, was set for my UTME examination. My center was close to my house, so at 6:20 am, I came out from the house hoping to catch an auto rickshaw . I left with my ATM card, ID card and my JAMB examination photo card. On getting to the junction, I observed there was no auto rickshaw, so I had to run down to the road before I was able to see a vehicle. I appreciated the running because it was an opportunity for me to do some exercise, which people had been advising me to take because of my sedentary nature due to work.

When I got to the center, it was not very crowded as I thought. I proceeded to the queue, and a man asked me if I could have my phone. I said no. After the thumb printing, we went further to the hall to sit down. Although there were not enough chairs the People organizing it were kind enough to release their chairs to students to sit down. I applaud them for that.

As I was about entered the main hall for the computers, it was advocated that ID card and ATM cards was not allowed, that it was part of the rules sent to us, so I had to go down and check for one of my fellow proprietors I saw around and I gave him my items so that I could pick them up when I'm done with the exam. I really appreciated that

I began with English, I was trying to navigate to find where to shortcut to transit it to mathematics, but I was unable to find a way out (maybe I it isa available but I don't know how to navigate it,but I later found out that I can move to the next by selecting the last question of the subject and clicking on next, this was when I was stuffing through the system in my third subject) The computer screen was not as big as I expected, so scrolling up and down was challenging. In the English section, I went to choose Hakini instead of Hakini because I didn't read the novel, I only listen to the audiobook,. I checked it up later, and it was Hakimi not Hakini, I failed that question, so UTME student sould listen and read the novel to be able to identify correct spellings as it is one of the aspect to be tested as outlined out in the English syllabus

Next was physics the physics was ok , *Next Mathematics I did well in this, except for a question asking to find the area of a triangle, given the angle between the two sides 40° which formula was 0.5 * a * b * sin 40°. It was unfortunate that 40° is not part of special angles. I was racking my brain on how to solve this. I know the sine of 30° and sin 60 = 0.8660, The option to the question was have same whole number with only a difference in the second decimal place, . This was the challenge was a challenge to identify the correct option. JAMB should stick to the agreement set questions using special angles only and if they are to go variant the options should be distinct son that a student should obviously be able to choose the correct option with knowledge of special angles and trigonometry graph visualization,
There was a question in my mathematics binary operation using LCM, I applaud JAMB for that question whoever set question is very smart, after solving it I smiled.

After my mathematics I was left with about 12 minutes for chemistry maybe I fell in love with the mathematics questions trying to look at the reason why each questions was set, well it was fun.

When I saw I have just 12 minutes remaining for chemistry I know this is not the time to start calculation in the chemistry I hurried move through the questions to find the ones can easily I identify the answer I click on then why the others I just used possible elimination to choice a possible answer
In total I am expecting
Mathematics around 98±2
English around 85±10
Physics around 89±8
Chemistry around 70±10
Total around 330 to 360

For the record I applied for BCE Mathematics I might go and study the course but I would have prefarerd Mathematics and Artificial intelligence but no school in Nigeria is offering it.

I think they may have wanted to test a few skills, even though there is no standard sin 40°, and it is not easy to get it with a trigonometric identity either. Then, you should have calculated for sin 30° and sin 45°. The area should be somewhere in between but closer to sin 45°. After that, go through the answers to see which one satisfies these inequalities.

Again dis nah hope no be evidence based reasoning. DS is done with foreign exchange loses. This Q1 should be fresh start, I also believe that they have reviewed unit prices to reflect what is on ground. Ok nah.

Mpeace:
Over 9million units sold so far. Its not adding up again.

This is enough reason to hold tight, nah my opinion o, no b MH oo.

Be like say some big people don see Q1.

To make the statement "Alhaji will not allow the price fall because he wants to retain his Forbes ranking.....Even when it is glaring that the NS/DS price is falling rapidly" evidence-based rather than blind hopefulness, several things would be required:

1. Factual evidence that "Alhaji" has the power and mechanisms to directly influence or control the price of the assets in question (NS/DS).
2. Clear documentation or public statements from "Alhaji" explicitly stating that retaining their Forbes ranking is a top priority that would motivate actions to support the asset's price.
3. Data showing "Alhaji's" past actions successfully arresting price declines of this asset (or other assets) when their wealth rankings were at risk.
4. Analysis of "Alhaji's" current net worth position and how preventing this particular asset's price fall is critical to maintaining their Forbes ranking.
5. Information on the specific strategies, financial resources, and legal means "Alhaji" could employ to prop up the price despite market forces.

Similarly, to make the hypothesis "The Brewery industry did not rally upwards in 2023, when compared to other sectors on the NGX.....So it is already down and needs fear no fall" evidence-based, the following would be required:

1. Factual market data showing the performance of the Brewery industry stocks/sector on the NGX (Nigerian Stock Exchange) in 2023 compared to other sectors.
2. Analysis and quantification of how much the Brewery sector underperformed or "did not rally upwards" relative to the other sectors.
3. Research on the typical behavior and patterns of sectors/industries that have underperformed the broader market in a given year. Do they tend to continue underperforming or recover in subsequent years?
4. Fundamental analysis of the Brewery companies to assess if their current stock prices/valuations already reflect the underperformance in 2023. In other words, are they now "already down"?
5. Examination of the overall economic factors, consumer trends, competitive landscape etc. that could impact the Brewery sector's prospects going forward.
6. Study of historical cases where underperforming sectors saw either a continuation of negative returns or a rebound/recovery.

222Martins:
This response is to you and Ositadima1

What i wrote up here was not hope. It was me drawing my own objective conclusion based on what i am seeing from a company's AFS, the brewery industry and the economy at large. That is an analytical conclusion. It may pay off or blow up in my face.............

The HOPE i always object to on this NSEMPA thread is backed by nothing other than mere wishes and pipe dreams. Here are a few of those hopeful analysis and emotional outburst advice:

1. Wale will not delist because he is seeing how much money Tony and OTE is making on the NGX
2. Let's just hope and pray that a certain CEO of a certain O and O company does the right thing
3. Alhaji will not allow the price fall because he wants to retain his Forbes ranking.....Even when it is glaring that the NS/DS price is falling rapidly
4. Why will company B hastily release a Press release about suspending a merger. They must be investigated
5. Don't sell, wait!!.........Company A has not said anything like company B about cancelling a merger, so therefore something is cooking
6. Tony is working hard to make Forbes list this year...

I understand your logic that we have "well-reasoned speculation" (informed, logically-derived forecasting) and "blind hopefulness" (baseless wishful thinking).

The problem is that you are not doing any better. Read these two statements carefully: "Alhaji will not allow the price fall because he wants to retain his Forbes ranking.....Even when it is glaring that the NS/DS price is falling rapidly" and "The Brewery industry did not rally upwards in 2023, when compared to other sectors on the NGX.....So it is already down and needs fear no fall."

They both belong to the same category...

yMcy56:
Wonder who's now crying upandan to defend a loss making Company and wasting precious pages of this thread!

Waiting for something that's not seeing and may not materialize, no be hope be that?

"I invest based on AFS", still na hopeville levels dem dey......... defending and wailing all around over Champions. Who's crying now??

Una go dey alright las làs.

Which one be hopeville again, LOL, you maa no gree for anybody, dey follow them bumper to bumper. Like play 2 pages don go down.

222Martins:
I guess you missed the sarcasm. I respect Locotrader..Why? He has a large heart to come and say: "Hey! Everybody, look at this stock and do your due DD."

Only this 1 kiss and tell wey we do for ChampionBrewery, everywhere just dey hot Why did Locotrader show his ChampBrew holdings? Because he was accused of luring people in so he can exit. Same reason i have been issuing disclaimer for this 1 ChampBrew wey i buy and reveal.....Before person go tell me say him sell him father house because of ChampBrew....

I no dey invest in Hope..........After analyzing all the brewery companies, i chose to put my money in ChampBrew for 3 reasons:

1. Low Free Float of 3% of Outstanding share
2. A possible buyout from Raysun, since they have made a move for such in the past.
3. The Brewery industry did not rally upwards in 2023, when compared to other sectors on the NGX.....So it is already down and needs fear no fall.
4. Possible turn around of the company given the dominance in its region if NO 2 fails to happen,......Any positive news or slightest sign of recovery will push the price of ChampBrew at a higher rate because of reason number 1 above, Low Free Float.

Why don't you take the time to look up the meaning of hope in the dictionary? I don't blame you for not understanding the word.

Out of the four reasons you gave, only number one is factual (though I haven't confirmed this); the rest are based on hope.


Reason 2: "The Brewery industry did not rally upwards in 2023, when compared to other sectors on the NGX.....So it is already down and needs fear no fall." This reason assumes that because the industry did not rally in 2023, it is less likely to fall further. This is more of a hopeful assumption rather than a fact-based analysis.

Reason 3: A possible buyout from Raysun: While Raysun's past acquisitions are a positive indicator, there's no guarantee they'll target ChampBrew. This reason relies on the hope that a buyout will happen.

Reason 4: Possible turnaround of the company: This reason hinges on the company improving its performance, which is uncertain. You're hoping that ChampBrew's dominance in its region will translate to a turnaround.

KayOn1:
https://doclib.ngxgroup.com/Financial_NewsDocs/41018_CHAMPION_BREW._PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf


Na Champion Brewery Qtr 1 be dis? I zip my mouth but e be like ...

Loco come and see.

I know he will provide more justifications for buying Champion Breweries' shares, let's hear them though.

alezzy13:


Wow 😳

I received 190,674 naira for one million naira invested at FirstBank for 364 days, which I think amounts to approximately 19% interest rate. Although I saw the official rate advertised as 20.7%, they must have deducted tax and other costs. It has been a long time since I last invested in treasury bills.

Does Monkey Go to School ?

@nnadengram






Dengram we sing to you
Lux fiat
Dengram we bring to you
Faith untold
You challenge and inspire
Your hope is our desire
We sing to you
Our Alma mater
Lux fiat!

They key points of the DS announcement:


*Previously Announced Merger: On July 31, 2023, DSR announced a proposed merger with NASCON and DRL through a "Scheme of Merger."

*Merger on Hold: The announcement states that the merging entities have agreed to suspend the merger "for the time being."

*Reason for Suspension: The Securities & Exchange Commission's (SEC) recommendation regarding the status of Dangote Rice Limited (DRL) is cited as the reason for the suspension. The nature of the SEC's recommendation is not specified.

*Future Communication: The announcement assures the investing public and regulators that further information will be provided "in due course."

This is where reading between the lines comes in. For those who bought in at 60 naira or higher, Pa Ema, myself, and a few others were advocating for this stock way back when it was at 18, 23, and so on. The key is to act sooner, not wait until a stock has already risen 50% before jumping on board.

222Martins:
There is no room for "Pray", "Hope", "Forbes List", "Something Cooking" and "Amen" in my dictionary when it comes to matters of business and investing... I hope you understand my position

What the heck are you saying, my friend? What is the certainty in that champion brewery that you have been parading here?

You see hope that the price may go up if XYZ happens, the same way people in DS/NS saw hope when they heard about the merger. If you claim that the merger would not have sent DS/NS flying upward, then I don't think you are a good investor either.

Now, the merger is on pause, not canceled, pending when the issues holding it back get cleared. I understand Dangote is quite busy with his refinery, which is why he hasn't pushed this one further. I can assure you that I haven't seen a project of this magnitude abandoned by Dangote; the rice mill will come, as he has invested quite a lot. The merger will happen; it is not a matter of hope, it is a matter of when.

So, don't talk as if you know what the market will do next, besides hoping that your permutation is right. If you were a pro, we would know...

yMcy56:

Funny how you were Loco's Number 1 street guy when talking down DANGSUGAR.......but you cease to be Street person on top Champion Brewery matter......since you're not speaking the language they want to hear.......

For Brewery Sector, if we're talking about the thing on the table for now, it's NB, Nigerian Breweries..
Anyone interested in the Sector should keep eye on NB.
- Lots of pick-ups ongoing there by the Parent Company possibly....
- The more the price falls from current price (28), the more it will be presenting good bargains......
- Na my opinion be this...

He shock me too. It goes a long way to show that Streetinvestor is an impartial kind of guy that say things as he see them. While the Loco guy nah agenda kind of person way they always comment base on him own personal target, very MH kind of person. Make una dey follow am with caution o, he fit put una for wahala, atikpoju ooo, wani ka abasi ooo ...

Locotrader:


Yes,champion was moribund and NB came and resurrect it.They did well.

Same NB has caged the company and restricted the products and made champion a regional company and also looking for a way to take it away from Akwa Ibom corporation to make it private.

Let them pull out and allow another investor to come in and do their own work.2 captains can't be in a boat nah.If not Imo Abasi,by now,Raysun would have milked the company dry in other to succeed in the mandatory take over bid.Take a look at the financials you will know champion is healthy.
Why should NB pull out in a healthy company is the question?

Champion can only get better at their exit.Let their exit price be #10 self let's have another breathe of life.

Remember you still never given any answer to my question. I want to know the worst that can happen to champion as NB a fellow competitor is pulling out.....

Funny question you're asking, what is the worst thing that will happen to you tomorrow? You'd better sell your Champion now and invest it in DS.

Forget the brouhaha that is going on now, Dangote Foods will come, and we will see #180 and above. Worst case, Dangote will throw in his pasta and tomato paste to sweeten the deal. I am trying to sell some of what I bought higher to buy again lower.

I have seen the structures Dangote has put in place for rice production and milling, and I know he doesn't do things halfway; he is not a slacker from what I see and will follow this through.

What does Mcy56 call it again, a cross deal? I am ready to cross deal at 35 naira right now. Is anybody interested?

Adinije make una allow me move at the top of the line, I no dey feel fine o.