We should stop being pessimistic about how people invest their funds in the NSE.

If you do want to invest stay away, stop bothering yourself about the profit or loss we are making.

STNWAUME:


It's glaring your mother was impregnated by ewu and had you as the end product.

I will jump and pass because it is on this thread.You for know I have street credibility.Leave the nse for us,it is our money

kolaish:
Part of the reasons why highly resource personalities are walking away from this forum.

Bitter TRUTH...

All this noisemakers, I hope your sharpe ratio is above 0.5

E Ku Market o.
Zenith sighted @23.75.......
Fidelity warming up? Watching......
UACN: Lots of bargain hunters sighted.......support still @10.30......price currently @10.45

OBAGADAFFI:
We should stop being pessimistic about how people invest their funds in the NSE.

If you do want to invest stay away, stop bothering yourself about the profit or loss we are making.

Don't mind them..
And they never get to talk ....
Abt the bleeding on the other side...
Some of us trade on both sides too ...
I use T212 & Passfolio... for both stcks and crypto
Its not a bed of roses...

There are 2 major people on this thread - "Buy and hold crew" and the "10 by 10 crew" .

Ok, there are minorities like the ones that don't have funds in the market and they only come here to cause ruckus.

To the "10 to 10 crew", alias traders of NSEMPA, be familiar with these terms for your own good:

Value at Risk (VaR)
Volatility
Sharpe ratio
Calmer ratio

What they have in common? Well, for a start, they are all risk measures.

This is me signing off, over to the mudslingers, make una carry go.

Oh! Lest I forget, we also have a particular set of minority - the town criers e.g Mcy56





Note that e.g stands for "exempli gratia", just to make things clear .

ositadima1:
Oh! Less I forget, we also have a particular set of minority - the town criers e.g Mcy56
Note that e.g stands for "exempli gratia", just to make things clear .

You ehhnnn

UCAP:. This stock no wan gree.....
ACCESS dragging things with Zee........Access better understand say Oga na master.....

yMcy56:
UCAP:. This stock no wan gree.....
ACCESS dragging things with Zee........Access better understand say Oga na master.....

Which one is better?

Willie2015:

Don't mind them..
And they never get to talk ....
Abt the bleeding on the other side...
Some of us trade on both sides too ...
I use T212 & Passfolio... for both stcks and crypto
Its not a bed of roses...

Investors are losing funds all over the world, NSE is not special.

ositadima1:


Which one is better?

Which of them?
The stock or the pic?

yMcy56:
UCAP:. This stock no wan gree.....
ACCESS dragging things with Zee........Access better understand say Oga na master.....

Its long overdue:
PAT q1 2021
Zenith: 53billion
Access: 52.5billion
Gtb: 45.5billion

Reason why Zenith need to buy UBN more than Access.
Cos once access completely clean up bad loans, they will be clear leader.

yMcy56:

Which of them?
The stock or the pic?

Lol humour... He’s asking about the better town crier

Hope you understand

onegentleguy:


As @ Q1 2020, we mentioned on several occasions here that the insurance sector will be the next best place to be considering the positive impact recent policy shifts can have on it(planned recap exercise, CBNs dovish stand and other fiscal measures including the finance act of 2020)

I recall that was when I decided to gradually take position in some select names therein. A worthy move was accumulating 5M units each of AIICO, REGENCY ALLIANCE, MUTUAL BENEFITS and ROYAL EX and near 3.5M of LINKAGE for one chief I manage his portfolio seeing he was really quite liquid then. …with the middle 3 coys purchased @ a p/value of 20k, the 1st(aiico) @ a BEP of 61k and the last(linkage) @ 35k it was clear that capital yield can well come from cash flow accruals given they were broadly dividend paying assets.
With a few like REGENCY ALLIANCE having the best HPR with yield (@ circa 15% at the time) and healthy risk-reward ratio (BS position in view), there just couldn’t have been a better time!!
But more often than not, I was criticized each time I mentioned INSURANCE COYS. I remember how I had to leave a what’s-up forum following a rain of insult for daring to recommend 3 coys back then. I was called a chief MH for drawing folks attention to MUTUAL BENEFITS and LASACO after noticing that both coys had just witnessed a turning point(BS and CGP in view) and UNIONDAC for highlighting it as a possible rewarding buy-out candidate(EPA in view).
Most annoying was how the forum moderator (a member here) who was the one that 1st contacted me to join the said platform as an analyst/moderator also joined in the destructive criticism. Funny enough, none of those who criticized me could present proof to counter the analysis I had put up, so I had to leave. Time has since exonerated me!!

This is also part of the problems we face here. …it’s what some worthy members like mcy56, @rabbi, @megawealth and a few others face, and the reason I sometimes prefer to withhold certain sensitive information.
A case in point is JAPAULGOLD. After the coys much debated FP which saw a huddle with ACCESS BANK (then japauloil), I was asked for my opinion on the matter, to which I replied; No comment!!
In truth, I never covered the coy or had it on my watch list. ...but all that changed when a few lines in their report made me have a rethink and after an in-depth review, I reached out to several close pals and some members here(@bumba1234, @billtommy, @ekpotek, @charlesniper, @tradeinvestgal to mention a few) and told them to ACCUMULATE the coy after explaining the reason it was bound to appreciate in price. Most folks I know bought @ 20-23k. As I explained to them then, JAPAUL might not be healthy but 2 things stood out:

1) When u relate the coys current BS position to its SoI and benchmark it against its CF and CGPR potential, REWARD had overtaking RISK and was making a mockery of it.
2) There were some fine lines in between the then released poor financial print that highlights the need to raise funds(EFIR and CBR in view) and signals a strong possibility for a price rise to achieve that aim.

This was even before the name change was announced. I decided against putting it up here knowing what might well be the repercussion but still gave a hint back then. See one such post above with a hint(part in bold… a revert to @oracle)
Earlier today, I read from the sideline and observed some sharp criticisms targeted @mcy56, @megainvest and a few others and I just knew it could’ve been me!! …God, I would’ve been disappointed if after taking out time to put up a comprehensive analysis of JAPAUL here for gratis I got destructively criticized.
I am not highlighting these lines to prove any point or see myself as some sought of semi-god, but to underscore the fact that this forum, this platform CAN BE BETTER!!
We can all make it better and individually grow with it. Yes we can... if we can all stop it with the mockery, ridicule and toxic criticisms and start up building each other... particularly those who go out of their way to encourage, help and sometimes offer healthy and meaningful advice to others including the new ones in our midst without any form of pay/reward. Folks like @Oracle, @bigjay @mcy56, @currentprice, @Obagadafi, @rebakah, @Drawo, @fxuser and many others here deserve no less than a pat in the back and appreciated for all they do.

Understandably, a mix of emotion can take their toil on one and make them have extreme reservation towards certain select asset… perhaps because of their not-so-good experience playing such coys. But its NOT enough reason to hate it or find disgusting the mere mention of it. U can lose money in a coy today, and gain double ur invested capital in the very same coy tomorrow. Ur astuteness, doggedness and willingness to want to learn from the experience and lessons of that failed TRADE/INVESTMENT SETUP is what makes all the difference!!
We all wish to learn. It is often said that the day u stop learning, u stop living!! I personally love to learn. Engage and criticize me constructively and I will love u for it. …am sure the same can be said of many others here.

Some of us don’t like it when we see these bouts of negative comments.(even if it’s not directed at me, I hate it) Yes there might be some folks who give advice having ulterior/selfish motives, but u can tell that there are others who don’t tour that line. Some folks here mean well!!

Personally, I will NEVER put out any write-up with an intent to deceive. …it had, has and will never align with the basic principle that defines my person. For us, we respect and appreciate why the word INTEGRITY came before the duo of MONEY and SUCCESS in the dictionary. Before ever I advice or put up any post here or anywhere else, I must have put it through a thorough scrutiny drawing from several tested analytical models.
My last recommendation here (GSK) followed a proof-test of no fewer than 7 models, 4 of which I personally developed. …the highlight of the coys –EV was just one of the other known 3. As I stated here then; GSK would still be undervalued even @ N15!! (keep a close watch on that coy and do well to align if u are yet to do so)

While there is no such thing as ABSOLUTE CERTAINTY in the investment world, the INTENT 1st, and from there ur zeal/drive and investing strategy is what really matters !!

Now back to the talk on INSURANCE coys...
Let me quickly reiterate what I said here in times past; That sector is worth a % of ur investment capital. That said, a lot should depend on how well u do ur homework. It will require a case by case study of the coys in that index to ascertain the likely big winners in line with the recent recap policy by the regulatory body(Naicom)

A quick guide;
I covered about 20 quoted insurance coys on the NSE: 1- CUSTODIAN, 2- AIICO, 3- MANSURD INS 4- MUTUAL BENEFITS, 5- PRESTIGE, 6- NEM, 7- LASACO, 8- CORNERSTONE, 9- SOVEREIGN TRUST, 10- WAPIC, 11- ROYAL EXCHANGE, 12- VERITAS KAPITAL, 13- REGENCY ALLIANCE, 14- AFRICAN ALLIANCE, 15- NIGER INS, 16- SUNU INS, 17-CHI, 18- LINKAGE, 19- GUINEA INS and 20- UNIVERSAL INS to see how VALUE can be taped.

Of the 20, Nos 4, 2, 7, 9, 10 11, 12(yes I said 12) 13, 17 and 18, carries a greater weight of value drive/prospect given their MoS peg relative to CMP(risk-reward margin in view).

In view of the planned sector recapitalization exercise which will be 2-phased- 50% and 60% of the newly stipulated minimum paid-up capital for insurers and re-insurers respectively by 31st Dec 2020(expect a lot of activities from now till the release of FY2020 FPs to capture the 1st phase) and 100%/full compliance on or before 31st Sep 2021, I see 11 of them; Nos, 1,2, 3, 4, 5, 6, 7,10, 12, 17 and 18 meeting both deadlines and remaining as standalone entities with a 65% probability of acquiring the other 9. …by implication, the other 9 might pass the 1st deadline but could end up been acquired by these 11 and/or other external forces(either from within their in-house core investors or new entrants) or end up merging amongst themselves to form a bigger entity on or before the 2nd/last deadline of Sep 31st 2021.

And Yes there are a few lines to draw these inferences by relating their individual CF stand and SoI to the BS position in their financial prints and bench-marking same against the guideline of the proposed recap exercise.
However, nothing is cast in stone!! …so it’s imperative to remain vigilant and not throw caution to the gallery.

On a side note, those with holdings in No 3 should do well to thread with caution. …especially if u aligned post the bonus issuance but waiting to partake of the planned split exercise. (i.e. If u missed out on the QD of the 1st and is yet to liquidate any % holding). If u fail to extrapolate ur figures well, u might incur a loss post the split. It might be best to gradually follow through with a structured exit plan in time.
Remember that the split will likely create an exponential EM effect (4x price mark up in view)
Like I always tell folks, the increased price peg that follows a split is 88% of the time an overblown reflection of a coys valuation… so there’s often a near 1 prob. that price will fall to mirror the true value of the asset relative to earnings and the perception of market participants thereafter.
The fall though, will depend on the assets proposed factor of X. …that of MANSURED requires a careful breakdown of ur trade/investment setup to avoid a loss.
Note that this is not to say that MANSURED is an unworthy play, but to accentuate the need for carefulness.
If I can elk out the time, I will do an article drawing from an extensive analysis/review of the insurance 20 to further help us with the quest to seek REWARD.

Disclaimer: The part in italics should only be viewed subjectively. …it is NO license to any sought of recommendation. Due diligence still applies as always.
My advice? Pls follow ur instinct.

Selah

Still recall this post above? (a broad and in-depth review of the insurance sector)
Let's dig in to see what the short-mid term journey has been like...

As I highlighted back then, the KEY to a healthy selection lies in the parts in bold;
a) those with a greater weight of value drive/prospect and
b) those with a high plausibility of remaining stand alone entities post the recapitalization deadline by the regulator.

From a) are asset Nos 4, 2, 7, 9, 10, 11, 12, 13, 17 and 18 which are MUTUAL BENEFITS, AIICO, LASACO, SOVEREIGN TRUST, WAPIC, ROYAL EXCHANGE, VERITAS KAPITAL, REGENCY ALLIANCE, CHI and LINKAGE in that order.

While from b) are Nos, 1, 2, 3, 4, 5, 6, 7,10, 12, 17 and 18 which are CUSTODIAN, AIICO, MANSURD INS, MUTUAL BENEFITS, PRESTIGE, NEM, LASACO, WAPIC, VERITAS KAPITAL, CHI and LINKAGE.
Notice how some asset in a) are also in b)... will revisit this part later.

1st off, how has the a) list faired?
The next line attempts to compare the prices of these asset at consideration period to their present mkt price with an estimate of their various % nominal return... all written in bracket from left to right;
MBENFIT (20k, 40k 100%), AIICO(60k, 129k, 115%) etc... in fact, except for 1 coy (veritas), near all in list a) have delivered btw 85-100% NR, with yield even topping above 100% at some point. (YtD price peg in view)
However the biggest winners have been the duo of ROYAL EXCHANGE (23k, 76k, 230%), followed by LINKAGE (factor in the recent script/bonus issue), WAPIC, CHI and MBENFIT in that order.

Wondering what is the essence of this post?
Pls kindly read btw the lines...

Notice how the best performing coy (Royal exchange) is among 3 coys that are in list a) but not in b) ...the other 2 are SOVEREIGN TRUST AND REGENCY ALLIANCE. For these class of coys, I highlighted what might likely play out with them in view of the expected recap exercise.
Aside the thing about a possible buy out (Royal ex looking like it) all 3 fall in within the same basket of P2P weighting.
Put differently, if the price of one is X and the other 2 are V and W, then to guage value, all 3 can be compared to each other using certain predetermined fundamental variables.
And in that line, using key yardsticks like Net ROIC, Sloan ratio, Solvency Margin (surplus/deficit peg in view) CGPR, ROTE, CCC efficiency etc... as a barometer to gauge VALUE, the other 2 are a BUY!!
In retrospect, whatever happens with these set of asset (read post above) you stand a great chance as an investor to reap some good reward. (RRM: 45-71%)

Again, Note how the duo of PRESTIGE and VERITAS KAPITAL have been the least performing... with the latter still trading at what I consider a steal!
Any worry? Not at all! In fact, both coys tick all the boxes in view of the key yardsticks cited above.

If u understood matters to this point, then u do not need a soothsayer to tell u that aligning with assets like REGENCY ALLIANCE, SOVEREIGN TRUST (sovrenins), VERITAS KAPITAL, PRESTIGE, WAPIC, MBENFIT, LINKAGE and CHI should pay off.
...and so are the select few others mentioned in the post above.

Disclaimer: Just given a follow-up update on request.
NOT to be interpreted as any sought of recommendation. When in doubt, pls do well to be guided by ur instinct.

Selah

Mpeace:
Its long overdue:
PAT q1 2021
Zenith: 53billion
Access: 52.5billion
Gtb: 45.5billion

Reason why Zenith need to buy UBN more than Access.
Cos once access completely clean up bad loans, they will be clear leader.

And said they are undervalued... Only time will tell though

Not a recommendation

onegentleguy:

A devaluation will largely encourage more inflow than outflow from the FPIs and discourage sales from the HNIs, DPIs... and then outwit the minority players who may wish to seek other channels prior to then.
...particularly with the current economic 'misgivings'(low rate environment, high inflation etc)

The 1st 2 bouts of devaluation last yr already did.(the mkt response was positive)... the next(if it does happen) will likely not be an exception.

Money will always chase higher/better yields, and the market currently offers one such channel.

Regards

onegentleguy:

The more the rate of inflation rises(coupled with the low rate environment), the more the chase for better yield as purchasing power gets bashed.
With Nominal return at ridiculously low peg and Real return plunging deeper into the negative territory, select value-driven underpriced assets in the stock market remains one of the most viable and feasible way to beat inflationary pressure and grow ones net worth.(+RR in view)
...more funds are sure to roll into this market in the short to mid term !!
Perhaps even much more from where am standing.

So if u have done well enough to align with the fundamentally healthy coys... HOLD !!

It is well.

onegentleguy:


My dear,
Don’t allow ur forecast(perceived as they clearly are) make u miss out on the select few opportunities that the market would present.
Ur talk on rising yields in the FI space causing a diversion of funds away from the stock market is for now half-baked(a bit too early) and holds little or no water given the current economic play on ground.

I hope u understand that the stop rates u quoted are only but ur nominal return investing in that space. …ur RR(real return) remains largely negative or stretched even if u double those figures.
...a brief;

Ur Nos are broadly forward-looking estimates but lets just be generous and assume that the coupon on a 1yr tenure NTB is 5%.(actual 1yr DR is @ circa </=4%)
Lets even double that rate... which would be a 10% nominal return. Unfortunately, that would still compute to an approx negative 2.7% in real return(net of inflation)
At the OMO space, ur RR will also print negative over a 1yr time-frame.

And I hope u also know that over the same period, certain select healthy coys can deliver near 2x their previous yield peg.
Lets dig in a bit more…
A coy like ZENITH bank will likely return a N5.7 cash flow accrual within a roughly 1yr period(N2.7 in march 2021, 30k in July 2021 and another N2.7 in march 2022). At a price peg of N25, that’s a near 23% div yield(circa 22.8%) in nominal return and a net positive near 12.5% real return.
Even if we decide to be cautiously optimistic and assume the bank may pay less dividend within the said time-frame(though there is no just reason to think so at this time), yield would still print at approx 10.3% of real return. Then there is also the matter of a possible cap appreciation to top up ur total CGY.
…the interpretation of this is that it could likely take u as much as 2.5yrs to derive an equivalent value playing a 1yr NTB as u would playing the asset ZENITH, ceteris peribus. Needless to say that aligning with the latter ahead of the former should be a worthy opportunity cost.
Similar arguments can be made for other healthy high yield-giving coys like GTB, UBA, AFPRUD, UCAP, DSR, DC etc.

Now unless u are one of them fellows who believe that the negative 2.7% RR(from playing in that FI space) is greater than that of a positive 12.5% or min. 10.3% playing the ZENITH asset, u would quite naturally incline with the latter investment channel.

There is need to understand what the market is “playing or acting out” at any given time. While u can not predict with certainty its motive, u can take advantage of its “plays” and the opportunities that come with it.
The market is about to gift u with one more. Know when and how to act.
No need to fret… trend remains largely bullish!!(see my past post on this line)

Selah

onegentleguy:

ZENITH together with some select banking coys (FIDELITY, GTB, ACCESS, WEMA etc) could well prove to be stubborn and resist any big drop in price... so it might pay to always seek to adjust ur investing/trade setup in line with the economic reality at the time while seeking for reward.

There's a reason certain select stocks aren't falling as some folks would've expected. (the past post above should serve to give a clue)

Regards

For those still wondering why the price of certain coys(including some select few in the banking sector) aren't dropping, there should be no surprises.
I believe the answer lies somewhere btw the posts above.

Personally, I do not foresee a deep bear mkt.
A correction/pullback amidst a slow rise in price every now and then should be more like it. (well, for now)
It will however not be across board... but along select sound/healthy coys.

If u were an investor in say ZENITH, UCAP FIDELITY, DANGOTE SUGAR, GTB or other high capital growth/yield asset and u decide to liquidate ur holding now, where will u put/divert the funds to? What investment security channel with less volatility/risk can guarantee better return? One that can be positive after adjusting for surrounding risk.(real return in view)
Maybe cryptocurrencies... which unfortunately, is not a language that folks like PFAs, FPIs, DPIs, HNIs and many retail mkt players 'will like to understand'.

The truth is; the current misgivings in our economy has created an expanded risk premium that leaves little room to play around other alternative investment channels. ...in other words unlike in the past, there are not too many rewarding options to tap from and so 'you've got to make do with what's on ground for now.'

And for those wondering why I didn't mention hold cash... well, think of the 'twin evil' of inflation and devaluation, and remember that the cash u'd want to hold is the Naira. Needless to say that it makes absolutely no sense leaving ur cash idle in the bank. At this time, ur cash (naira) isn't king... it's a slave, unless it's making more money for u.(more than enough to cover enough ground)

The only other reasonable option will be to hedge upon stronger currencies (fx conversion, aligning with dollarized FI instruments and/or holding fx-related asset) but then again, there'll be need for careful planning to ensure u derive more when compared to holding certain select equities.
Some key names in equities can still deliver good RRM should we peg a projected timeframe... hence the reason they are holding up.

It is well.

Nigerian Breweries MD/CEO Tenders Resignation Letter
https://businesspost.ng/jobs/nigerian-breweries-md-ceo-tenders-resignation-letter/

NGX Adjusts Equity Prices of Wema Bank, Okomu Oil
https://businesspost.ng/economy/ngx-adjusts-equity-prices-of-wema-bank-okomu-oil/

Unilever Nigeria Transfers Tea Business to New Company
https://businesspost.ng/economy/unilever-nigeria-transfers-tea-business-to-new-company/

C & I Leasing to Pay Shareholders 5 Kobo Dividend June 30
https://businesspost.ng/economy/c-i-leasing-to-pay-shareholders-5-kobo-dividend-june-30/

Onyeagwu Acquires Extra N14.5m Zenith Bank Shares
https://businesspost.ng/economy/onyeagwu-acquires-extra-n14-5m-zenith-bank-shares/

Remittance Inflows into Nigeria Dips 28% in 2020
https://businesspost.ng/economy/remittance-inflows-into-nigeria-dips-28-in-2020/

Experts to Discuss Lending Options for MSMEs at Ecobank/Vanguard Summit
https://businesspost.ng/economy/experts-to-discuss-lending-options-for-msmes-at-ecobank-vanguard-summit/

Analysts Forecast 18.76% Rise in Nigeria’s April Inflation
https://businesspost.ng/economy/analysts-forecast-18-76-rise-in-nigerias-april-inflation/

Christianity: Jews, Roman Empire, Ottomans, Israel & Gaza Conflict
https://businesspost.ng/featureoped/christianity-jews-roman-empire-ottomans-israel-gaza-conflict/

St Petersburg Forum Offers Unlimited Business Opportunities
https://businesspost.ng/world/st-petersburg-forum-offers-unlimited-business-opportunities/

A very happy weekend to all of us.
May Devine continue to guide and protect u, ur loved ones and everything u hold dear!
Do enjoy the rest of ur day.

Regards.

onegentleguy:


Still recall this post above? (a broad and in-depth review of the insurance sector)
Let's dig in to see what the short-mid term journey has been like...

As I highlighted back then, the KEY to a healthy selection lies in the parts in bold;
a) those with a greater weight of value drive/prospect and
b) those with a high plausibility of remaining stand alone entities post the recapitalization deadline by the regulator.

From a) are asset Nos Nos 4, 2, 7, 9, 10 11, 12, 13, 17 and 18 which are MUTUAL BENEFITS, AIICO, LASACO, SOVEREIGN TRUST, WAPIC, ROYAL EXCHANGE, VERITAS KAPITAL, REGENCY ALLIANCE, CHI and LINKAGE in that order.

While from b) are Nos, 1,2, 3, 4, 5, 6, 7,10, 12, 17 and 18 which are CUSTODIAN, AIICO, MANSURD INS, MUTUAL BENEFITS, PRESTIGE, NEM, LASACO, WAPIC, VERITAS KAPITAL, CHI and LINKAGE.
Notice how some asset in a) are also in b)... will revisit this part later.

1st off, how has the a) list fired?
The next line attempts to compare the prices of these asset at consideration period to their present mkt price with an estimate of their various % nominal return... all written in bracket from left to right;
MBENFIT(20k, 40k 100%), AIICO(60k, 129k, 115%) etc... in fact, except for 1 coy(veritas), near all in list a) have delivered btw 85-100% NR, with yield even topping above 100% at some point.(YtD price peg in view)
However the biggest winners have been the duo of ROYAL EXCHANGE(23k, 76k, 230%), followed by LINKAGE(factor in the recent script/bonus issue), WAPIC, CHI and MBENFIT in that order.

Wondering what is the essence of this post?
Pls kindly read btw the lines...

Notice how the best performing coy(Royal exchange) is among 3 coys that are in list a) but not in b) ...the other 2 are SOVEREIGN TRUST AND REGENCY ALLIANCE. For these class of coys, I highlighted what might likely play out with them in view of the expected recap exercise.
Aside the thing about a possible buy out(Royal ex looking like it) all 3 fall in within the same basket of P2P weighting.
Put differently, if the price of one is X and the other 2 are V and W, then to guage value, all 3 can be compared to each other using certain predetermined fundamental variables.
And in that line, using key yardsticks like Net ROIC, Sloan ratio, Solvency Margin (surplus/deficit peg in view) CGPR, ROTE, CCC efficiency etc... as a barometer to gauge VALUE, the other 2 are a BUY!!
In retrospect, whatever happens with these set of asset(read post above) you stand a great chance as an investor to reap some good reward.(RRM: 45-71%)

Again, Note how the duo of PRESTIGE and VERITAS KAPITAL have been the least performing... with the latter still trading at what I consider a steal!
Any worry? Absolutely not! In fact, both coys tick all the boxes in view of the key yardsticks cited above.

If u understood matters to this point, then u do not need a soothsayer to tell u that aligning with assets like REGENCY ALLIANCE, SOVEREIGN TRUST(sovrenins), VERITAS KAPITAL, PRESTIGE, WAPIC, MBENFIT, LINKAGE and CHI should pay off.
...and so are the select few others mentioned in the post above.

Disclaimer: Just given a follow-up update on request.
NOT to be interpreted as any sought of recommendation. When in doubt, pls do well to be guided by ur instinct.

Selah

Kindly give the top 5 picks in the insurance sector in descending order (first to last)..

Ours the risk of course

sonofElElyon:
Thanks for the detailed analysis.

So is it more advisable to buy the insurance company (companies) that simultaneously appear(s) on your 2 lists of a) those with greater weight of value drive prospect and b) those likely to stand on their own, post recapitalisation?

Risk is mine to bear of course

onegentleguy:


Yes, the 1st list (a)... those with greater weight of value drive/prospect is absolutely cool, irrespective of whether they'd eventually be a standalone coy or not.
But hey! do well to read through my signature below.

Cheers

sonofElElyon:


Kindly give the top 5 picks in the insurance sector in descending order (first to last)..

Ours the risk of course

This ur question is like asking someone whether the variable X should be =2 after you have been presented with an equation that clearly reads; X= y ...and y= 2.
More like asking if INDEED X= 2.

My dear the answer to ur question (and even more) is already in the post u quoted.

I recall that u were also among the 1st to ask a question moments after I put up that 1st post on the 16th of Jan. ...to which I also gave u clear answers/guide. (see posts above)

So up until now, u still are yet to act? ...that's really funny.
U ought to have more than doubled ur invested capital by now.
As I always tell folks;
There's need to learn to always act fast.
In this business, ur speed/velocity of execution is very pivotal.
Having a working stretegy in place is KEY... u can fine-tune it as u grow.

Anyway Good luck to u dear.
Regards

onegentleguy:





This ur question is like asking someone whether the variable X should be =2 after you have been presented with an equation that clearly reads; X= y ...and y= 2.
More like asking if INDEED X= 2.

My dear the answer to ur question (and even more) is already in the post u quoted.

I recall that u were also among the 1st to ask a question moments after I put up that 1st post on the 16th of Jan. ...to which I also gave u clear answers/guide. (see posts above)

So up until now, u still are yet to act? ...that's really funny.
U ought to have more than doubled ur invested capital by now.

Anyway Good luck dear.
Regards

I can only act when there's money available to act with, which is why I asked for CURRENT standings NOW that I'm ready . It's been months in between I believe.
Anyway it's all good

sonofElElyon:


I can only act when there's money available to act with, which is why I asked for CURRENT standings NOW that I'm ready . It's been months in between I believe.
Anyway it's all good

It's alright dear.
I wish u well in ur next attempt!

Regards

So after seeing this today, I now think I have to invest in uacn from tomorrow.
Disclaimer : Not a buy recommendation.

please what do you think about this investment strategy for a Nigerian in diaspora


I want to put some amount in S&P 500 and apple shares to allow for capital appreciation for about a year then about a month before zenith bank pays its final divided, i will sell off my apple and s&p 500 to buy zenith shares. After dividend payment, whenever price rises above entry price, i sell off and repatriate the money back into apple and sp500 and this cycle continues.
The aim is to benefit from capital appreciation, avoid devaluation and enjoy NSE dividend yield. What do you think may be the demerit of this investiment strategy. Thanks.

What do you think will be the impact of unification of CBN and NAFEX I&E exchange rates that was approved by CBN on the NSE

So OANDO that is trading for 3 Naira has paid dividend of over 23 Naira over the years and no dividend since 2014.

Japaul Gold and Ventures Plc Drops 7 Percent Following Failure to File 2020, Q1 2021 Financial Statements

https://investorsking.com/2021/05/14/japaul-gold-and-ventures-plc-drops-7-percent-following-failure-to-file-2020-q1-2021-financial-statements/

Adebola Sanni: FinTech, Solution to Africa’s Financial Inclusion Problems

https://investorsking.com/2021/05/14/adebola-sanni-fintech-solution-to-africas-financial-inclusion-problems/

Jumia’s Gross Merchandise Value Drops 13 Percent in Q1 2021 Despite Lockdown

https://investorsking.com/2021/05/13/jumias-gross-merchandise-value-drops-13-percent-in-q1-2021-despite-lockdown/

Eternal Plc, Regency Assurance Plc, Others Boost Nigerian Exchange Limited (NGX) on Friday

https://investorsking.com/2021/05/14/eternal-plc-regency-assurance-plc-others-boost-nigerian-exchange-limited-ngx-on-friday/

Nigerian Breweries Picks Hans Essaadi to Replace Borrut Bel as MD/CEO

https://investorsking.com/2021/05/14/nigerian-breweries-picks-hans-essaadi-to-replace-borrut-bel-as-md-ceo/

Folasope Babasola Aiyesimoju, Group Managing Director UACN, Dumps N231.750 Million on UACN Shares

https://investorsking.com/2021/05/14/folasope-babasola-aiyesimoju-group-managing-director-uacn-dumps-n231-750-million-on-uac-shares/

Dogecoin Jumps 24 Percent as Elon Musk Hints at Improving Network’s Transaction Efficiency

https://investorsking.com/2021/05/14/dogecoin-jumps-24-percent-as-elon-musk-hints-at-improving-networks-transaction-efficiency/

Experts Predict Ethereum Price to Hit $19,842 by 2025

https://investorsking.com/2021/05/14/experts-predict-ethereum-price-to-hit-19842-by-2025/

16,000 Jobs Will Be Created After National Theatre’s Renovation – Sunday Ododo

https://investorsking.com/2021/05/14/16000-jobs-will-be-created-after-national-theatres-renovation-sunday-ododo/

Foreign Sponsors Drives Infrastructure Projects In Nigeria – World Bank

https://investorsking.com/2021/05/14/foreign-sponsors-drives-infrastructure-projects-in-nigeria-world-bank/

C&I Leasing Plc Declares Final Dividend of 5 Kobo for 2020 Financial Year

https://investorsking.com/2021/05/14/ci-leasing-plc-declares-final-dividend-of-5-kobo-for-2020-financial-year/

Ebenezer Onyeagwu, Zenith Bank CEO, Purchases Additional 662,844 Shares in the Bank

https://investorsking.com/2021/05/14/ebenezer-onyeagwu-zenith-bank-ceo-purchases-additional-662844-shares-in-the-bank/

World Bank In Partnership With Lagos State Plan To Construct 13.16km Farm Access Road

https://investorsking.com/2021/05/14/world-bank-in-partnership-with-lagos-state-plan-to-construct-13-16km-farm-access-road/

E ku market oooooooo

Mcy56:
Oga RabbiDoracle should pls come back ooo.
So also @BullBearMarket, @Wanaj0 @Onegentleguy, @Yok for MSCI portfolio updates, @fxuser, CP, @Bomboclad, @Valueinvestor, @Meshpips and quite some invaluable ogas whose long silence is being felt.

Just went over few past posts and saw that we've really missed quality analysis and investment advice here.
Na beg we dey oooo. E Jowo Sirs.

They are all doing fine though

dinyelutochukwu:

Can you just shut up for once?
You seem to have an opinion on every and anything here.
No be only 100m units. Mscheeew
Truth is, those who have this kind of funds don’t make your kind of noise.