onegentleguy:



A very poor result from DANGOTE SUGAR !!
With a quite visible drop accross all KEY revenue and earnings line !!
REVENUE MARGIN, EBITDA MARGIN, GROSS MARGIN, NET MARGIN, PAT MARGIN, EPS, ROAE, ROAA, RoIC, ENTERPRISE VALUE, and EM all heading southwards !!
In retrospect, the company witnessed a near 60% drop in profit following from an over 26% drop in revenue even with a slight improvement along their cost line (CoS, Opex margin) in the last 3 months.
...with the company earning just 34k per equity holding in Q3 as against 79k earned in the corresponding period of last yr.
At 1st glance, it makes good sense to assume that the company is suffering from a high margin contraction at the back of some instability in growth.
It's clear that the coy may well drift from its previous yr performance in 2018.
Only a more than spectacular performance or perhaps a miracle can see them outperform/beat their 2017 earnings line.
To put things in perspective, the company will need to earn/deliver at least N1.90 per equity in Q4 alone !!. ...which is about 35% more than it has earned in the entire 9 month period of 2018 (Q1, Q2 and Q3) to surpass their earnings feet of 2017.
...A very huge feet if u asked me !!

If I hold a stake here, I would prefer to sell at current market price and look to buy at a lower price later.
...unless of course my investment horizon is of the long term.
Same can also be said of Dangote flour.
But that's just me, so due diligence should still remain ur 1st priority.

CAVEAT: NOT A RECOMMENDATION !!

Hmmmmm!
AARRRRGH!

Does anyone here play with American stocks? To hedge against the naira?

BullBearMkt:

...if DF falls further, Technically, there is likely to be a pause around N6. If this doesn't hold then the next juncture is N4.90

Which of the Technical Blues is likely to give way to FA Reggae
This one that Oga CP has removed FA wedge down to around N4.00.
You that would have supplied liquidity at N4.90 is not known for rescuing Janets.
I can only seek employment in this company for now. A 'Nightwatchman' job here will be a better decision for now...

tritritri:


eTERNAL worst as well.


Net Profit/ (Loss) 1,175,485 2,022,301 (846,816) -42% ...back to 3 naira.


2018 EPS 0.90 against 2017 1.55

That means OANDO is in soup. Could that be the reason for the delay?

Cadillac15:


That means OANDO is in soup. Could that be the reason for the delay?

Oando and eterna are not totally in the same line of business. Eterna don't do crude oil.

Mpeace:
Oando and eterna are not totally in the same line of business. Eterna don't do crude oil.

Ok na. We wait.

DeRuggedProf:


Which of the Technical Blues is likely to give way to FA Reggae
This one that Oga CP has removed FA wedge down to around N4.00.
You that would have supplied liquidity at N4.90 is not known for rescuing Janets.
I can only seek employment in this company for now. A 'Nightwatchman' job here will be a better decision for now...

not yet value DF base on latest Q boss

was only reference my previous post based on Q1 when price was well above N10. that i believe nobody still hold the stock base on the gap btw that N10 and less than N4 fairprice then

una don use indirect ways to show us the stocks una own aby?
nobody gree say he own Dangote flour now.last year everyone claimed having it.

locodemy:
una don use indirect ways to show us the stocks una own aby?

nobody gree say he own Dangote flour now.last year everyone claimed having it.

u funny who wan own overvalued stock? pple will jump out now

for last year,,,,when a stock of N4 was valued for around N20. tell me who no go rush enter

locodemy:
una don use indirect ways to show us the stocks una own aby?

nobody gree say he own Dangote flour now.last year everyone claimed having it.

Still own half of my former holding., why r you interested in people who own or not?

People r wise now to declare dere holdings ,

Loco U suppose dan learn .

currentprice:


u funny who wan own overvalued stock? pple will jump out now

for last year,,,,when a stock of N4 was valued for around N20. tell me who no go rush enter

hmmmm.i see.some stocks are now dwelling on past glory.look at NB and co...........

Cadillac15:


That means OANDO is in soup. Could that be the reason for the delay?

Mpeace:
Oando and eterna are not totally in the same line of business. Eterna don't do crude oil.

oando result is out now

http://www.nse.com.ng/Financial_NewsDocs/24258_OANDO_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

tritritri:



Still own half of my former holding., why r you interested in people who own or not?

People r wise now to declare dere holdings ,

Loco U suppose dan learn .

you mean you still have Dangote flour?

locodemy:


you mean you still have Dangote flour?

You that didn't own df. Hope ur stock r doing fine ?

We're all bleeding in this period.

tritritri:



You that didn't own df. Hope ur stock r doing fine ?

We're all bleeding in this period.

my stocks are not all doing fine but they have improved results that can sustain them for sometime.

Dangote flour dwindling performance is a thing of concern and a terror to the share price that is why I am crying.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/24258_OANDO_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Tax credit to the rescue.

Oando's result can give one head ache if you are not careful.

Where is the crude oil windfall na

Cadillac15:
Oando's result can give one head ache if you are not careful.

[b]Where is the crude oil windfall na [/b]

Windfall is in cost of sales.

http://www.nse.com.ng/Financial_NewsDocs/24259_AIRLINE_SERVICES_AND_LOGISTICS_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf



cc pluto

Now,it is time for market to collect from those who don't have and give to those who get more.

Gtb,zenith etc..........una go add more.chibuking chemical substance no go fit harm you anything.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/24259_AIRLINE_SERVICES_AND_LOGISTICS_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf



cc pluto

Good result

Increase in PAT and EPS.

Mpeace:
Oando and eterna are not totally in the same line of business. Eterna don't do crude oil.

You really trust Oando. Never trust the cowboy gang (Wale Tinubu and Co)

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/24258_OANDO_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Who go pieces the result ó

Oando is now more like a shell company... It's only used to launder money. Minority shareholders go wait until infinity for dividend.

swilo:


Link: https://docdro.id/X5xBRKS

Thanks. Much Appreciated.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/24259_AIRLINE_SERVICES_AND_LOGISTICS_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf



cc pluto

Good one,the only regret is that I couldn't get enough at my preferred price.


With q3 results, what are the stocks you think represent a good buying at current price?

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/24255_HONEYWELL_FLOUR_MILL_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Welcome this nigga at 0.80k.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/24259_AIRLINE_SERVICES_AND_LOGISTICS_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf



cc pluto

Best result on nse so far.