₦airaland Forum

bola4love: plz help I download eternity warrior 2 but is still saying download resources since yesterday, what can I do

download the sd data and move it to the neccessary folder.

Kennydollz: guys..abeg who fit give me link to working wild blood apk for n3....d 1 i got from android.mob.org force closes jst when the game is about to start..thnx

Do yourself a favour by downloading and install any of torrent downloader e.g ''utorrent'' from playstore and use its internal search engine to directly search and download all the gmae you may need for you TN3.

sylaz: What did they say the name of that application that gives free glu coin is?

I think it's ''glu patcher''

joshneku: guys pls reply me o. is d airtel bis stil working on tecno android? if yes pls wats d code. pls anybody help me o by replying.

Yes!!!
BSM to 440. N1,200 must be in your phone!

valacious: So baaad!

Good one!!!
The Market should tank.
Am waiting at my favourite junction with well sharpened "Ada" (machete)...

sylaz: systemz

Done.
Next...

wapmasta001: donchallyshi2

Guy, I no see you oooo....
Next..

ibietela2: ibietela

Done.
Next...

Emmikem: Emmikem

Guy, na you be emmiken_skywalker?

Hayordejee: Hayordejee...alwaix onlyn

Done.
Next.......

Kamaye: tijjani4u

Done.
Next.....

valacious: haba, bros which kain prayer dis now

Na prayer of a value investor oooo.....

Born 2be Rich: Some banking stocks are currently taking a blow below the belt at the moment...

Expect FBNH result anytime from now

I pray Diamond bank should take the most hits.
Patiently waiting for it at N3.00

Who and who dey Skype here...... Drop your ID.
Skyping dey sweet die for N3 ooooo....

chillykelly86: DAAR Communications declares N7.8bln PAT in Q3 '12 http://proshareng.com/news/19730

Please, does anybody have any info that explains the "Other Income" of N13bln which made the PAT jump from 40mln in Q2 to 7.84bln in Q3?
I beg, treat as urgent

Two things:
1. FG Payment for coverage of Junior FIFA World cup.
2. DAAR/FIDELITY Bank loan restructing.

ugodre: DANGOTE SUGAR POST N10.8BILLION PAT...BUYING OPPORTUNITY?

Dangote Sugar is one of the most profitable arm of the huge conglomerate owned largely by Africa's richest man. The company released its 2012 audited accounts posting a revenue of N106.8billion. Operational profit at the end of the period rose 49.5% to N16.3billion (2011: N10.9billion) helping increase post-tax profit to N10.8billion at the end of the year or an earnings per share of about 90kobo per share (2011: 62kobo).

Result overview

This is one of those result that fails to deliver organic growth but yet increased profitability by almost 50%. How was this possible? Despite delivering flat revenue growth the company managed to cut down cost of sale by nearly N8billion resulting in a 55% boost in gross profit. The more than 100% rise in SG&A could be attributed to the high cost of doing business, a common peculiarity with manufacturing companies. But that is more of a worry rather than excuse considering that this rise is the highest in the last 4 years of operations. Before now S,G & A was highest in 2009 at N4billion. To get a grip of what this means is to imagine the impact of revenues remaining flat in the next couple of years and expenses rising at this trajectory.

Naysayers to my worry will probably look to the wider economic outlook for the industry to allay my concerns. The GEJ government last year boosted the local sugar industry when it announced it will remove import duties on machinery and spare parts used for sugar processing. A tax holiday was also announced as part of the incentives just including a higher tariff for importers of Raw Sugar. A recent article on Financial Times also suggest that by 2020 Sub Saharan Africa will rely less on imports of Sugar and become a net exporter of the commodity. Nigeria consumes about 1.4million metric tons of sugar per year and produces about 1million metric tons. What this all means is that the prospect for growth is there for Dangote and in typical fashion, with the help of the government.

Buying opportunity?

Dangote Sugar share price ironically dropped 4.6% today to N8.3 per share. The share price as risen nearly 150% year on year and at todays has a price multiple to earnings of 9.2x. It is proposing a dividend per share of 50kobo, representing 56% of current year's earning and a current yield of 6%. The company still has a revenue reserve in excess of N20billion and a cash pile of about N25billion at the end of the period making its related party loans innocuous. I wouldn't miss this buying opportunity if I have the cash.

Some might wonder if the current price is a bargain? That depends on your metric and what you are looking for. An ROE of 25.3% look impressive to me and justified by an equally good ROA of 21%. The company also has no debt rendering the high price to book ratio (2.5x) unnerving. Surely, all this attributes may not classify the share price as cheap but it certainly isn't expensive.



Dangote Sugar 2012 Annual Report was posted on the website of the NSE

If only Mr. Market will help me beat down the price to 3.50k again.....
Ireally enjoyed the last ride

Born 2be Rich: Here you go

http://www.nse.com.ng/Financial_NewsDocs/2403_DANGOTE_SUGAR_PLC_2012_RESULTS_FINANCIAL_STATEMENTS_APRIL_2013.pdf

Based on this results, I got the following metrics from my spreadsheet:
EPS = 0.8946
PE = 9.2777
Div Yield = 6%
PAT ROA = 13%
Operating Profit ROA = 17%
ROE = 13%
BV/Share = 3.8558
P/B = 2.1500
Earnings Yield = 11%
FCFE = 21.676Billion
FCFE/Share = 1.8100
FCF Yield = 22%
WC/Share = 2.65
Gross profit margin = 20%
Operating Profit Margin = 13%
Profit Margin = 10%
SGNA%age of Gross Profit = 33%
Any opposing view?

Born 2be Rich: Here you go

http://www.nse.com.ng/Financial_NewsDocs/2403_DANGOTE_SUGAR_PLC_2012_RESULTS_FINANCIAL_STATEMENTS_APRIL_2013.pdf

Thanks.

Born 2be Rich: DANGOTE SUGAR REF. PLC
April 17, 2013
CORPORATE ACTIONS
Proposed Dividend
50 kobo per share
Proposed Bonus
Nil
Qualification Date
24th May, 2013
Closure Date
25th – 26th April, 2013
AGM Date
13th May, 2013
Payment Date
14th May, 2013
AGM Venue
Eko Hotel & Suites

Source: http://www.nse.com.ng/Financial_NewsDocs/2401_DANGOTE_SUGAR_PLC_2012_RESULTS_CORPORATE_ACTIONS_APRIL_2013.pdf

This dangote own get as e bi...payment date na before qualification date...nse no try

I can't find the result!!!
Corporate action without results. Oscar must be on weed!!!

ibietela2: Sorry for late reply... Got ban.......

which crime did you commit this time?

stockbull: establishing local stock investing language is one thing i've always do and want to get it popular as it were done from the ages past in asia and europe but only expert can understand all these languages here, please try to make it understandable as learners may not understand bus -stop, car park, passengers and the rests and they may be shy to learn as they would not want to feel inferior.

Noted

jamace: Na true you talk sha. But the tin be say some of us like MOLUE BUS because na him we fit pay the fare without too much sweat. Those tear rubber too cost o.

Any way sha, I go dey carry toolbox on my journey so that I go fit do immediate repair.

Thanks for your advice jare .

Abeg una say na where una come from?
ROTF LMAO

Born 2be Rich: It is only a guillible persin that will fall for this your trick...Me i aint falling for it....

Oga B2R, Oga Nosa2 dey NL and na thesame SMN ID him dey use.
I don pass to lie nah. Atleast, these white hairs wey dey my head no go forgive me if I lied.

Chrisvicmall: We just concluded this biding script (http://chrisvicmall.com/deals).

The system allows you to bid for products. If you win, we will send the product to you within 7days. We are starting Pipo M8 tablet. The market price is at least 45000naira and above. The starting price on our biding system for is 37000naira. This means that you are getting at a cheaper price. Interesting members should start biding for it. It will close in 3days time. The winner will receive the product next week.

For those asking for the account number, please check chrisvicmall.com/buyer/how-to-buy-product/

Oga CVM, thanks for the account link.
The questions below has been bogging me and I feel now is the right time to ask.
Is it possible to build up ones CVM online account before making a purchase? Or must I exhaust the amount I paid/transfered per purchase?
Thank you.

feelamong: Personally i dont enjoy SMN..too monotonous.. to many big boiz with eyes for money only talking abt stocks! moreover in Nairaland i have the freedom to talk as i like in Politics and also the car slaes zone in Auto gives me extra dough whenver am able to fling cars.. not to talk abt the small small deals i do in the business section!

See my twin brother from another mother ooo..... Bros, I hail thee also..

shekers05: 0023239767 @ chrisvic buisness logistic ltd : daiamond bank

Oga shekers50, for authenticity I will advice that you paste a link to ''CVM Nigeria account detail'' page so that people no go think say na scam dem wan scam them.
Just my 2kobo advice sha......

Born 2be Rich: Infact the only persin wey 99.9% of him portfolio na NEM and Diamond( the guy don dump ikeja hotels)...@manie, no mind am joor, im wan use us play wayoo...

Bros, If you dey think say I be Oga Nosa2 then you don enter one chance moto be dat.
Unlike Oga Nosa2, I get four stocks for my portfolio: NEM(70 percent), Diamond(10 percent), Japual(15 percent) and 1bank(5 percent).
Just as you rightly said, Oga Nosa na only NEM and Diamond dey him portfolio. Thus inductively, me and him no be twins and/or thesame persin.

jamace: I dey too o.

The SMN Billionaires club members don dey show themselves. Abeg, how I fit join una club?

Born 2be Rich: Na white beards na im 9free go grow if e dey wait make fbn reach N10

Global warming don make me grow white beards by force nah. So I still dey wait for FBN @ N10 bus stop.

Born 2be Rich: Now you got the persin...make im dey code himself for here, na we know am...

Born 2be Rich: So broda manie u neva know the persin 9free dey code since abi...abeg i try pass u jare..

Una no go kill persin with laughs here.
Abeg, wetin the acronym SMN stand for? Make I check NSE website because e be like say una don dey code winning stock(s) for here.

manie: I doubt if it will get to N15.00, but if it dose that provides ample opportunity to buy more.

On the NSE, Impossibility is Nothing!!!