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Nigerian Stock Exchange Market Pick Alerts - Investment (3941) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 10:48am On Sep 20, 2018
DeRuggedProf:


I feel you... shocked
Dead body must shake body and get lifted before e finally rest for ground level 20K.. grin

If you are found carrying dead body, even Naija police go collect money from you. Make she CONTINUE. No be only First Aluminium, she go soon BUy LAST Aluminium smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:52am On Sep 20, 2018
wanaj0:
If you are found carrying dead body, even Naija police go collect money from you. Make she CONTINUE. No be only First Aluminium, she go soon BUY LAST Aluminium smiley
Big boss, this stone is big o. shocked I don commot my eyes.
LMAO. grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:01am On Sep 20, 2018
Mcy56:

Chai! I thought you have better info for me. grin
What if a new investor bought into the co.? tongue

Trapped gamblers trying to use others and get out of their trap!
LASTALUM.. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 11:17am On Sep 20, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 11:17am On Sep 20, 2018
Mcy56:

Chai!!! grin
Na the volumes changing hands this morning dey tempt me. Lol. grin Who knows maybe something is brewing there.

Na only maggot dead body go brew.

That company is returning back to DUST.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by MonkeyHunter: 11:21am On Sep 20, 2018
Mcy56:

Big boss, this stone is big o. shocked I don commot my eyes.
LMAO. grin grin

Please try looking at their financials before commoting your eyes. This will help you make a better informed decision on what action to take. I can assure you most of the people that previously commented on First Aluminium have not looked at their recent financials.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:22am On Sep 20, 2018
wanaj0:
Na only maggot dead body go brew.
That company is returning back to DUST.
Hhmmm, it is well.
Thanks sir for the prompt intervention...... before I carry kaya. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:24am On Sep 20, 2018
MonkeyHunter:
Please try looking at their financials before commoting your eyes. This will help you make a better informed decision on what action to take. I can assure you most of the people that previously commented on First Aluminium have not looked at their recent financials.

Hhmmm, this is another angle of looking at it. Will do. Thank you. cool
Re: Nigerian Stock Exchange Market Pick Alerts by MonkeyHunter: 11:25am On Sep 20, 2018
Mcy56:


Chai! This is another angle of looking at it. Will do. Thank you. cool

Please let's know what you find.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by MonkeyHunter: 11:26am On Sep 20, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:29am On Sep 20, 2018
DeRuggedProf:


We disagree! Our idea of cheap here is those selling at less than 30Kobo... grin grin grin
Since we can hire Dangote trucks that just dropped cement at a depot to carry our kaya from Oscar Onyema.
We prefer those stocks we can use about 250K to get 7 digit units.. grin grin grin

This new deal with Honeywell Aerospace Inc. is a double win for CAVERTON !!
...there are 2 clear POSITIVES here:

1) It will boost their earnings through income generated from servicing of helicopter and military avionics within the region. ...the company shall be the sole dealer in west Africa !!
2) It will provide another great means of saving cost as CAVERTON will be hedging against any unforeseen or unexpected rise in annual maintenance cost ...they've already done great on this line (of cost saving), and they're still doing more !!

Expect the 1st positive to aid their TOPLINE while the 2nd shall boost their BOTTOM LINE. ...which should naturally reflect in key indicators like EPS, EM, and ROAE.

However, if u still wish to disagree, then feel free Sir !! wink cheesy

NOTE: STILL NOT a BUY recommendation.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:32am On Sep 20, 2018
MonkeyHunter:
Please let's know what you find.
Chai! shocked This assignment is meant for senior students na. undecided
Mpeace come and carry your assignment o. I will copy from you. I cannot come and go and fail this subject biko. grin
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 11:34am On Sep 20, 2018
Mcy56:

Chai! shocked This assignment is meant for senior students na. undecided
Mpeace come and carry your assignment o. I will copy from you. I cannot come and go and fail this subject biko. grin

Don't worry. Go and attempt the assignment. You will surely not get any answer!
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:35am On Sep 20, 2018
MonkeyHunter:


Please try looking at their financials before commoting your eyes. This will help you make a better informed decision on what action to take. I can assure you most of the people that previously commented on First Aluminium have not looked at their recent financials.





That's a good one my dear !!
...BEST to always try to align with WHAT IS (the present) and NOT WHAT WAS (the past).
Current Nos are usually a better guide to drawing true inferences.
It's safe to say that the Nos are improving with First Aluminium !!
However, I do have my small reservation about the company.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:42am On Sep 20, 2018
mendes911:
Don't worry. Go and attempt the assignment. You will surely not get any answer!
Lol. grin
That teacher, monkeyhunter seems to know something we might not all know.
His subject should not be played with.
I don't play with it either, more reason I passed the assignment to Mpeace, he's in senior class and his class dey for upper floor. cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:48am On Sep 20, 2018
onegentleguy:


That's a good one my dear !!
...BEST to always try to align with WHAT IS (the present) and NOT WHAT WAS (the past).
Current Nos are usually a better guide to drawing true inferences.
It's safe to say that the Nos are improving with First Aluminium !!
However, I do have my small reservation about the company.

I multiply your small reservation by a billion!
For me, I have a warehouse of reservations. Na today?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:51am On Sep 20, 2018
MonkeyHunter:


Please try looking at their financials before commoting your eyes. This will help you make a better informed decision on what action to take. I can assure you most of the people that previously commented on First Aluminium have not looked at their recent financials.





This man na real monkey hunter grin grin
Why is it always partially resurrected kobo kobo stocks you only preach about ?
Even if the company got some good thing going now, wouldn’t it be wise to wait and see if the progress continues ?

As for Yayira, she don know how una pocket deep for this blog.. she no dey follow una do stocks wey una money fit control.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:52am On Sep 20, 2018
onegentleguy:


This new deal Honeywell Aerospace Inc. is a double win for CAVERTON !!
...there are 2 clear POSITIVES here:

1) It will boost their earnings through income generated from servicing of helicopter and military avionics within the region. ...the company shall be the sole dealer in west Africa !!
2) It will provide another great means of saving cost as CAVERTON will be hedging against any unforeseen or unexpected rise in annual maintenance cost ...they've already done great on this line (of cost saving), and they're still doing more !!

Expect the 1st positive to aid their TOPLINE while the 2nd shall boost their BOTTOM LINE. ...which should naturally reflect in key indicators like EPS, EM, and ROAE.

However, if u still wish to disagree, then feel free Sir !! wink cheesy

NOTE: STILL NOT a BUY recommendation.

I think CILeasing is still better.
I view the management here with one eye.
Dividend history na comma too.
We have a lot of 'maggot managers' in Nigeria. They feed intensively from within and the shell still looks perfect outside.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:53am On Sep 20, 2018
onegentleguy:


That's a good one my dear !!
...BEST to always try to align with WHAT IS (the present) and NOT WHAT WAS (the past).
Current Nos are usually a better guide to drawing true inferences.
It's safe to say that the Nos are improving with First Aluminium !!
However, I do have my small reservation about the company.

Gentle you too ? Ha! It’s a serious thing.. you guys hearts are made of steel.. I’ll advise the ladies and newbies not to get involved.
Re: Nigerian Stock Exchange Market Pick Alerts by MonkeyHunter: 11:55am On Sep 20, 2018
mendes911:


Don't worry. Go and attempt the assignment. You will surely not get any answer!

I will help out with the assignment.

Issued Shares 2.1bn
Market Cap @ 30k N630m
Shareholders funds N5.162bn
2017 PAT N209m
Total Assets: N9.884bn
Retained Earnings (1.5bn) negative

Four year profit history
2017 : N209m
2016 : N175m
2015 : N169m
2014 : N29m

EPS
2017 : 9.92k
2016 : 7.71k
2015 : 5.18k
2014 : 1.37k


Book Value per share
EPS
2017 : 244.6k
2016 : 234.3k
2015 : 227.5k
2014 : 219.8k

In my opinion it is not the dead company as previously portrayed. Profits is steadily growing but the negative retained earnings will prevent it from paying dividends for a while. The PE is around 3 so valuation wise it is pretty cheap and if it had sufficient float might make a very good takeover candidate (N31m gets your 5% of the company). Today's trade was like 1.6% of the company. I might study the financials thoroughly over the weekend and provide further info on the company and its prospects.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:55am On Sep 20, 2018
Yayira:


This man na real monkey hunter grin grin
Why is it always partially resurrected kobo kobo stocks you only preach about ?
Even if the company got some good going now, wouldn’t it be wise to wait and see if the progress continues ?

As for Yayira, she don know how una pocket deep for this blog.. she no dey follow una do stocks wey una money fit control.

A firebrand MH indeed! grin grin grin
Very easy for them to use 100K and confuse the ticks for days... grin
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:58am On Sep 20, 2018
MonkeyHunter:


I will help out with the assignment.

Issued Shares 2.1bn
Market Cap @ 30k N630m
Shareholders funds N5.162bn
2017 PAT N209m
Total Assets: N9.884bn
Retained Earnings (1.5bn) negative

Four year profit history
2017 : N209m
2016 : N175m
2015 : N169m
2014 : N29m

EPS
2017 : 9.92k
2016 : 7.71k
2015 : 5.18k
2014 : 1.37k


Book Value per share
EPS
2017 : 244.6k
2016 : 234.3k
2015 : 227.5k
2014 : 219.8k

In my opinion it is not the dead company as previously portrayed. Profits is steadily growing but the negative retained earnings will prevent it from paying dividends for a while. The PE is around 3 so valuation wise it is pretty cheap and if it had sufficient float might make a very good takeover candidate (N31m gets your 5% of the company). Today's trade was like 1.6% of the company. I might study the financials thoroughly over the weekend and provide further info on the company and its prospects.

Are you sure you are not involved in the FB?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by MonkeyHunter: 11:59am On Sep 20, 2018
DeRuggedProf:


Are you sure you are not involved in the FB?

What's FB?
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:09pm On Sep 20, 2018
MonkeyHunter:


What's FB?

FULL BID.
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:11pm On Sep 20, 2018
DeRuggedProf:


I think CILeasing is still better.
I view the management here with one eye.
Dividend history na comma too.
We have a lot of 'maggot managers' in Nigeria. They feed intensively from within and the shell still looks perfect outside.

There's something u need to understand my dear.
With C&I LEASING, TRUE VALUTION has since overtaken CURRENT PERCEPTION. ...and the 'gap' (which is where money is made both as a VALUE and GROWTH investor) is now small.
This is in contrast to CAVERTON where that 'gap' is still very high. ...so there's undoubtedly a greater chance of a much higher ROI with CAVERTON given an invested capital over a time adjusted basis.
Put differently, CAVERTON currently presents a much better MoS from Intrinsic Value when compared to C&I l LEASING given their present PRICES !!
Not saying that C&I doesn't have room for more upside, but its BEST to FOCUS on the 'gap' ...this is KEY. ...'cause that's where ur ROI is weighed.
Make no mistake, I love and hold both stocks. ...But am only stating the OBVIOUS !!

It WONT BE LONG before CAVERTONs current perception shall take the back seat.
It shall soon be beaten and the coys TRUE VALUE revealed.
...very soon !!

NOTE: Pls kindly read through my signature below.

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:11pm On Sep 20, 2018
I think it's not right to easily name-call anyone trying to give information on any stock, especially when it's been fundamentally backed up, when there's no fact or figure to counter it.
Everyone should do his/her DD thereafter I believe. Let's not be hasty to discourage anyone.
A student's opinion anyway. tongue
Re: Nigerian Stock Exchange Market Pick Alerts by MonkeyHunter: 12:18pm On Sep 20, 2018
Yayira:


This man na real monkey hunter grin grin
Why is it always partially resurrected kobo kobo stocks you only preach about ?
Even if the company got some good thing going now, wouldn’t it be wise to wait and see if the progress continues ?

As for Yayira, she don know how una pocket deep for this blog.. she no dey follow una do stocks wey una money fit control.

I am not a monkey hunter o!

I am THE monkey hunter.

I however didn't preach First Aluminium o! I only asked that she should rely on her interpretation of company's financials in judging the prospects of the company instead of relying on opinion of gurus especially when the gurus have not looked at the financials but are anchored to a preconceived notion of the company and its prospects.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 12:21pm On Sep 20, 2018
grin
Re: Nigerian Stock Exchange Market Pick Alerts by MonkeyHunter: 12:22pm On Sep 20, 2018
DeRuggedProf:


FULL BID.

Yes I have a bid there.

I also made a 10% gain twice this week trading the stock
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:24pm On Sep 20, 2018
Yayira:


Gentle you too ? Ha! It’s a serious thing.. you guys hearts are made of steel.. I’ll advise the ladies and newbies not to get involved.

Just stating the OBVIOUS my dear.
...NOs don't LIE !! They SHOULD BE UR GUIDE.
ALWAYS BEST to BUY what u are presently seeing and NOT what u believe or think u had, or might see.

Like I always tell folks:

"With the stock market, the PAST should be seen as a GUIDE, the PRESENT as 'a COMPANION' while the FUTURE should be viewed as 'a SUSPECT'."
~Sinclair

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 12:30pm On Sep 20, 2018
MonkeyHunter:


Please try looking at their financials before commoting your eyes. This will help you make a better informed decision on what action to take. I can assure you most of the people that previously commented on First Aluminium have not looked at their recent financials.





How do you know that people did not look at the result?

What is there to see? Attached is the latest financial statement.


http://www.nse.com.ng/Financial_NewsDocs/21594_FIRST_ALUMINIUM_NIGERIA_PLC_FINANCIAL_STATEMENTS_APRIL_2018.pdf

If you look at the 5 year Group result, did you see any consistent GROWTH in Revenue?

The company has NEGATIVE retained earning of about N1.6bn. It will take about 8 years for the retained earnings to turn positive before you can think of earning any dividend based on current run rate.

What are the ratios? Profit margin? From revenue of N10bn you make a profit of N200m! Excellent tongue

Profit for the company dropped from N177m to N42m between 2016 and 2017! Na improvement be that? Ok ooooo.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 12:34pm On Sep 20, 2018
onegentleguy:


Just stating the OBVIOUS my dear.
...NOs don't LIE !! They SHOULD BE UR GUIDE.
ALWAYS BEST to BUY what u are presently seeing and NOT what u believe or think u had, or might see.

Like I always tell folks:

"With the stock market, the PAST should be seen as a GUIDE, the PRESENT as 'a COMPANION' while the FUTURE should be viewed as 'a SUSPECT'."
~Sinclair

Numbers don't tell the whole story!

What do you use to gauge the future? A company whose profit dropped from N177m to N42m??

What is the future of Aluminium industry in Nigeria? What are the key risks? How is First Aluminium managing those risks? What competitive advantage does First Aluminium has? Who are the competitors? Do they have a monopoly? Can they control the price? Many questions that the so called numbers don't speak to!

6 Likes

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