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Nigerian Stock Exchange Market Pick Alerts - Investment (6515) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 8:57am On Oct 28, 2021
Nigerialabalaba:

Dem go need plenty money to finish those multibillion naira projects o . I dey sense say na dat money ucap dey use style dey help transcorp dey raise and con call am infrastructure fund. E be like say ucap no learn from FBN

Well... Tough luck for Ucap holders ! I don't have shares there...
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 8:59am On Oct 28, 2021
Nigerialabalaba:
Even Seplat still borrow $753m(approx N400 billion) and dey carry net debt of $479.8m gbese( equivalent of N200 billion.

So even that N150B wey ucap dey raise, if dem give all the money to transcorp energy, e be like say e never scratch the surface of the kain money dis projects transcorp go consume.

I see Seplat gbese and con dey wonder why Seplat dey give interim dividend every quarter. I hope say Seplat shareholders no be alaaru t'on je buredi

Current Transcorp management much better than Seplat's.. you yourself can attest to this
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 9:22am On Oct 28, 2021
sonofElElyon:


In Q3 alone (July to Sept), they had 9.66 kobo eps which is more than half of the 17.57k eps for the total 9 month period (Jan to Sept).

Eps is different from what I call O2 bro, oxygen is the pure cash from operations also diff from d one reported on cash flow stmt o. transcorp O2 at H1 was 20k but 8k at Q3. thatz y i said if the trend continue at the last Q they will find it difficult to reward the shareholder with dividend at year end except they plan to borrow to pay.

grin grin grin grin grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 9:29am On Oct 28, 2021
Eku Transcorp and Guiness bull ooooo
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 9:40am On Oct 28, 2021
locodemy:
Eku Transcorp and Guiness bull ooooo

Looks like Transcorp will open on full bid
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 9:57am On Oct 28, 2021
currentprice:


Eps is different from what I call O2 bro, oxygen is the pure cash from operations also diff from d one reported on cash flow stmt o. transcorp O2 at H1 was 20k but 8k at Q3. thatz y i said if the trend continue at the last Q they will find it difficult to reward the shareholder with dividend at year end except they plan to borrow to pay.

grin grin grin grin grin

I get you now.. but don't you think that earnings could be good enough for loan repayment in tranches and they would still have enough left to reward shareholders?
Q3 eps was fantastic.. Q4 could even be better
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:14am On Oct 28, 2021
sonofElElyon:


I get you now.. but don't you think that earnings could be good enough for loan repayment in tranches and they would still have enough left to reward shareholders?
Q3 eps was fantastic.. Q4 could even be better


Very possible for earnings to be padded through creative accounting, better to look out for the free cash flow of the business

6 Likes 4 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:21am On Oct 28, 2021
sonofElElyon:


I get you now.. but don't you think that earnings could be good enough for loan repayment in tranches and they would still have enough left to reward shareholders?
Q3 eps was fantastic.. Q4 could even be better

Earnings is cool but may be non-cash accounting income and could be easily manipulated but cash can not

grin grin

4 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:24am On Oct 28, 2021
emmanuelewumi:



Very possible for earnings to be padded through creative accounting, better to look out for the free cash flow of the business

yeah.... thank u

grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:47am On Oct 28, 2021
ViTAFOAM guys are showing up small small @17.50.........in some form of crossings.....

AIICO, GUINNESS.......on full bid @1.13 and N33 respectively.......

Most Companies' AGM are taking place today.........
Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 10:52am On Oct 28, 2021
yMcy56:
ViTAFOAM guys are showing up small small @17.50.........in some form of crossings.....

AIICO, GUINNESS.......on full bid @1.13 and N33 respectively.......

I know that Guiness will be on full bid.
Transcorp is suppose too but volatility won't allow it.Anyway I am still expecting all those offers to be mopped before the day is over.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:52am On Oct 28, 2021
Nigerialabalaba:

Dem go need plenty money to finish those multibillion naira projects o . I dey sense say na dat money ucap dey use style dey help transcorp dey raise and con call am infrastructure fund. E be like say ucap no learn from FBN


Infrastructure funds are secured, there are other parties to the fund and it is regulated by SEC.

The fund has Trustees, Custodian, Fund Managers, Registrar, Fund auditors are regular reports will made to SEC

Chapel Hill Deham have the first Infrastructure fund in Nigeria and have been paying coupon yields of between 14% and 15%

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 11:07am On Oct 28, 2021
locodemy:


I know that Guiness will be on full bid.
Transcorp is suppose too but volatility won't allow it.Anyway I am still expecting all those offers to be mopped before the day is over.

Mopped up or not, when the bell is rung it will be heading to 1.50

Guinness @ 29.00 - I observed they kept on mopping so I added much more now we are heading to ...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:44am On Oct 28, 2021
locodemy:


I know that Guiness will be on full bid.
Transcorp is suppose too but volatility won't allow it.Anyway I am still expecting all those offers to be mopped before the day is over.
Trans wetin again? grin
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:52am On Oct 28, 2021
currentprice:
nxgroup still have the higher fp on bedsheet. may be cos of d outstanding share 5b vs 1.9b
waiting to see ngxgroup Q3
Fingers crossed
grin grin.
Report to be filed on or before 30th October, 2021

https://doclib.ngxgroup.com/Financial_NewsDocs/34370_NIGERIAN_EXCHANGE_GROUP_PLC%20_NOTICES_OF_BOARD_MEETING_.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:55am On Oct 28, 2021

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:04pm On Oct 28, 2021
sonofElElyon:


Well... Tough luck for Ucap holders ! I don't have shares there...


United Capital Asset Management has over N200 billion as fund under management, but Tony no fit touch or use the fund. United Capital only get 1% of the fund ie N2 billion every year as fund management fees

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:16pm On Oct 28, 2021
locodemy:


I know that Guiness will be on full bid.
Transcorp is suppose too but volatility won't allow it.Anyway I am still expecting all those offers to be mopped before the day is over.

10% guys too much for Transcorp. Just wait until it crosses N1.0 you will see more of them.
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 12:26pm On Oct 28, 2021
sonofElElyon:


Well... Tough luck for Ucap holders ! I don't have shares there...

If you understand very well the business of fund management, with this announcement of another fund under their management it actually means more money for UCAP

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:53pm On Oct 28, 2021
Volume increasing in UBA

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 1:12pm On Oct 28, 2021
emmasoft:


If you understand very well the business of fund management, with this announcement of another fund under their management it actually means more money for UCAP

If you understod the post I quoted and mine you'd know that I was merely saying I couldn't care less
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 1:44pm On Oct 28, 2021
@yMcy56

FBNH no dey go up again?

Abi awon Billionaires don tire ni grin grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:48pm On Oct 28, 2021
Raider76:
Volume increasing in UBA
E go choke soon... Shebi Peter dey laugh me last month grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:49pm On Oct 28, 2021
samguru:
@yMcy56

FBNH no dey go up again?

Abi awon Billionaires don tire ni grin grin grin grin grin grin
Its time to count school fees for people wey follow otedola dey buy fbnh. Them no know their mate. #jokes

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:06pm On Oct 28, 2021
emmasoft:


If you understand very well the business of fund management, with this announcement of another fund under their management it actually means more money for UCAP



As a matter of fact the fund under management grew from N60 billion to over N200 billion when the current CEO came on board
Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 2:18pm On Oct 28, 2021
Mpeace:
Its time to count school fees for people wey follow otedola dey buy fbnh. Them no know their mate. #jokes
They must be Newbies
Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 2:24pm On Oct 28, 2021
Transcorp

Today was simply the people's bull! 1.04 might be the new low going forward, which would still be quite a lucrative entry point.


I also wonder what sort of results ARDOVA, MANSARD, CHAMPION AND OANDO will post... a bit nervous
Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 2:30pm On Oct 28, 2021
Raider76:


10% guys too much for Transcorp. Just wait until it crosses N1.0 you will see more of them.

That Transcorp no get head at all grin
Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 2:33pm On Oct 28, 2021
salanda:
Transcorp

Today was simply the people's bull! 1.04 might be the new low going forward, which would still be quite a lucrative entry point.


I also wonder what sort of results ARDOVA, MANSARD, CHAMPION AND OANDO will post... a bit nervous
.

Hmmmmm! Transcorp. Something that may
soon still return to sub 1 next month grin.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:38pm On Oct 28, 2021
samguru:
@yMcy56 FBNH no dey go up again?
Abi awon Billionaires don tire ni grin grin grin grin grin grin
Lol.
Dem still dey come market oooo.......but this time around, it seems they already device different method of buying, whereby the price wasn't just moving up uncontrollably like before.....
Bad market for jijoists. undecided

Some cross deals of 50M & 60M sighted........and several smaller purchases ..........but highest price mostly attained was 11.65/11.70............Over N1.8B still entered market today.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:42pm On Oct 28, 2021
Marketapprentic:
That Transcorp no get head at all grin
Except Tony and his boys storm market and mop up as much as possible, traders won't allow that stock rest and move. smiley

It's supposed to be on full bid all thru today, but for where? Dem no gree.

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