feelamong:

But after una go tell me say una like tall babes!!

Elai147:

Instead of tying up your money on this stock why not join the Transcorp train instead? There may still be some upside potentials in this train.

Ess: Oando has opened with a 10.2%. BID!!!

Krisuba: Ess ar u a stockbroker?

feelamong:

chai!!! see moneyyyy

if only io was braver.. by now i for don dey prepare to resign from my day job!

feelamong:

chai!!! see moneyyyy

if only io was braver.. by now i for don dey prepare to resign from my day job!

feelamong:

chai!!! see moneyyyy

if only io was braver.. by now i for don dey prepare to resign from my day job!

ucheson2: NESTLE IS STILL VERY CHEAP AT N1000s.
Come with me as I prove it using using what I call 'comparison formula(cf)'. I actually derived it using the inverse of the formula for dividend yield(dy).
In case u dont know, dy = dividend(d)/share price(sp).

Therefore inverse dy or 1/dy = sp/d.
Cf = (sp/d)x full yr dividend of the company in question(nestle). I hope u r followiny?

Using this formula we r goin 2 compare the ave sp of those 3 stock in thesame sector with that of nestle.

1. Cadbury sp = N58.90K, D = 50K, 1/DY = 58.90/0.5 = 118.
0
2. Flourmill sp = N83.06K, D = N1.60K/2(paid 2012 i.e 2 yrs), 1/dy = 83.06/0.8 = 108.

3. NNFM SP = N24.37K, D = 90K/3 (Paid 2011 i.e 3yrs), 1/dy = 24.37/0.3 = 81.

Ave 1/dy = (118+108+81)/3 = 102.

Therefore the fair price of nestle = 102x20 = N2040. Hint the fyd of nestle was N20.

Now going by the calibre of company nestle is, it should be selling at far above its fair price. If I am to fix, I will fix it somewhere between N5,000 and N10,000.

Evagreenfields: Hello fellow Nairalander.

Please is it advisable to purchase Nestle Nig stock now or wait till Jan befr doing that?

Thanks in anticipation for your response.

Born 2be Rich: Nobody is talking about NEM again

feelamong:

Thank you joor!

In Jan this year I bought Nestle for the first time at N700 Plus...
when i told my broker to buy, he said i was stupid.... and tolday am seating on close to 70% return on that small investment...

If only i had used all the money i used in doing Tbills to do this....

Nest year jan... for sure i will be buying more at any cost!

Elai147:

You and oga ucheson don give me mind. But if to say nestle fit come back to N800 I for nor mind the height.

Evagreenfields: Hello fellow Nairalander.

Please is it advisable to purchase Nestle Nig stock now or wait till Jan befr doing that?

Thanks in anticipation for your response.

mashaun:

I already joined Transcorp train before climbing mountain #2, the journey has been smooth so far.

i have bought Oando ticket expecting the train to come thru my broker.

@ Elai & mercilicious : how far with honeyflour,it seems it is cheaper now.

Evagreenfields: Hello fellow Nairalander.

Please is it advisable to purchase Nestle Nig stock now or wait till Jan befr doing that?

Thanks in anticipation for your response.

Ess:

You have been advertising Nestle too much, we have read it so many times I beg it is enough.

Krisuba: Tellam joor. 1000/unit! Hw many man fit afford.abi him no sabi say no politicians dey dis forum

Ess:

You have been advertising Nestle too much, we have read it so many times I beg it is enough.

ucheson2: My brother the thing is that I love this forum & I want everyone here to take advantage the opportunity on ground to enrich himself. Recall that in Aug/Sept when I announced Oando CoP deal many trivialized it but now many of them are struggling to enter .....

ucheson2: My brother the thing is that I love this forum & I want everyone here to take advantage the opportunity on ground to enrich himself. Recall that in Aug/Sept when I announced Oando CoP deal many trivialized it but now many of them are struggling to enter .....

ucheson2: My brother the thing is that I love this forum & I want everyone here to take advantage the opportunity on ground to enrich himself. Recall that in Aug/Sept when I announced Oando CoP deal many trivialized it but now many of them are struggling to enter .....

Born 2be Rich: Nobody is talking about NEM again

frond:

What is your investment period. I mean do you want to buy these shares and hold on to them for years or you are looking for certain percentage profit. This question should determine the response to your answer.