₦airaland Forum

GeeKudi:
Today's deal volume: 128

OS is small and shares are not known for high volume transacts. Even Float are mostly investors not speculators. Price will not climb until transacts beyond 100,000 units are recorded. But can be quite rewarding if you know how to play it. Expect the upper range or more towards last quarter of 2025.

New Common sense target for Betaglass is N93-N116.

Vitafoam Common Sense target N35-N44

yMcy56:
Even though all the three are good....
- I referred to BETAGLAS.
- A very illiquid stock but the performance has been great......from my own amateur view
- Q3 2024 PAT alone is close to 9mths 2023 (despite incurring some FX loss, meaning it would have been more than 9mths 2023 if not for this)
- OS is 600million
- Free float around 180million
- Stock for patient long termers especially
- Over to FA analysts for more breakdown

https://doclib.ngxgroup.com/Financial_NewsDocs/42542_BETA_GLASS_PLC-_QUARTER_3_-
_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

The attached may interest you

chimex38:
-->When you quote the 1st previous post, you copy the entire post. Then exit the page.

-->Then go ahead and quote the 2nd previous post.

--> paste the 1st previous post(that you copied) before or after the 2nd previous post you just quoted(depending on the order you want to place them)

--->then comment a fresh-post below the two quoted previous posts.


-------------------------------------
For 3 or more posts,
You could paste the 1st previous post somewhere.

OR
Most phones and computers thesedays have clipboards for storing multiple copied items temporarily.
you can copy as much previous post as you like and search them on your clipboard to paste accordingly in your fresh post.

OR
You could open two Nairaland tabs(previous post page and fresh post page ) on the computer or your phone and copy and paste desired content from one tab to the other tab.

@chimex38 Thank you. 👊

Help! Please how does one quote more than one previous post in a fresh post?

Wema looks good for at least N12.00 .

Common sense target for Betaglass in the range N70 -N106 .

DrAwo:
Do you realise you can be investigated, arrested or, worse, prosecuted just for admitting this openly

So true.

austinkenneth:
I'm officially trapped in this. There must be away out.

Relax. If you were a key player and privileged to insider information, would you rather buy at 1000 or 500? Allow them to play the game. They have attempted to hide it by splitting the purchases. Hence the high volume. A 100k volume will come in at that price it will station for another 10% drop. Wait it out.

yMcy56:
The lowest officially as at now is N772 (with 100k moved)

Quite a lot of picks @738 actually......even though it is/was still on full offer ..
We may never know what those guys could be up to sometimes...

Meanwhile, GTB is sighted @52!

Likely to dip to N695.60 tomorrow and still further by Friday. Monday will be a new game altogether. I don’t think the key players want it below N600. This is more like a hair that has grown bushy by the listing on NGX, so just some haircut before it’s allowed to grow back to Afro. There must be news known to the key players but not yet out hence their need to reposition before the big move-up or announcement. Big players don’t buy up but down…. and they will, even if they have to force the price down.

Xidget:
I don't think it has dropped to #738 yet. Last 100kunits deal I saw was #772

Why are they buying in 80kunits tho

But the above units were at N738 from your clip. That was when it dipped 10%. If it closes at 738 again then it’s likely it will dip another 10%

yMcy56:
ARADEL as at now......
Attached.....
Plenty profit takers..,..
Seems many bought it on NASD...

Quite expected. ‘Smart’ for those that bought at NASD. Once those profit takers are done, the price will resume its climb to above N1000 probably from N597.00 . The Shell deal will be a huge catalyst. I will be buying more units on every 10% drop.
738.00✅
665.00
597.00

pluto09:
https://businessday.ng/insurance/article/lasaco-assurance-set-for-n11-1bn-fresh-capital/

https://punchng.com/lasaco-assurance-completes-n11-1bn-capital-raising/

Thank you for the information. This voids my earlier recommendation.

Thank you for drawing my attention to this.

pluto09:
Have you factored in the additional 9+billions new share in calculating your EPS?
That being said,the possibility of a rally in share price is high in the short time as many may not be aware of the additional new shares.

Can I please have the link to the above information

pluto09:
Have you factored in the additional 9+billions new share in calculating your EPS?
That being said,the possibility of a rally in share price is high in the short time as many may not be aware of the additional new shares.

Okay will cross check.

aj8:
#128: 0-8
I am going to try
8 consecutive picks with a prospect of 100% to be rolled over as below. Could last 3- 7 years or even less. It’s all about the power of compounding.


I will start at step zero of N1,000,000.

Step 0 =N1,000,000
Step 1= N2,000,000
Step 3 = N4,000,000
Step 4 = N8,000,000
Step 5 = N16,000,000
Step 6 = N32,000,000
Step 7 = N64,000,000
Step 8 = N128,000,000


Purely on Common Sense Strategy.

Let’s see how it goes. Will post my progress here.

LASACO cleared for take off based on the strategy. Buy if you can.
1.7x2 x4 = should comfortably do 100% . Target will be 4.00 for now and reappraise as we edge up.


Due diligence still necessary should incase we’ve missed something important.


Thanks to @pluto09, we overlooked a capital injection of 10bill. This recommendation is no longer valid.

KarlTom:
They are buying everything up-and-down...

♟️Takes just one wrong move to ruin everything. Hope they don't spread themselves too thin.

emmanuelewumi:
State of matter, we have gases, liquid and solid.

In the stock market we can make money out of thin air, especially if it a growth stock that doesn't have fundamentals, not profitable, operating in a high competitive sector.

If care is not taken the money made out of thin air can escape back into thin air or evaporate.

So we need to condense the gaseous money to make it liquid, by converting part of the paper profit to cash to handle emergency and other unforeseen circumstances.


If not , our case will be like the guy who turned $88,000 to $400 million within 12 years and went back to ground zero.

The next stage is to solidify the money by investing part of the paper profit into income generating assets like real estates, personal business, well managed dividend paying stocks, REIT and fixed income investments.

Solid advice, brilliantly interpreted. 🎵REIT on my mind…REIT on my mind..🎵 (in baritone ).

Agbalowomeri:
Sometimes hard to recover from some youthful mistakes especially money matters

Quite true. 2006-2008 years were painfully rewarding experiences some have applied to the present. Once bitten twice thrice shy. Greed is a monster. Tame it or it ruins. Always take profits. This is not a game.

owolabi5:
Please sir, what is the COMMON SENSE ENTRY POINT for PRESTIGE ASSURANCE?

Thanks baba

For Prestige, I am waiting for 0.48 sir. The price should drop further because the company needs to meet its free float requirement.

Profit Target = 6k x4 x 4 = 96k

So if entry is about 0.48, one could see a 100% gain especially if able to pay at least 5k dividend this year.


You still have to do your due diligence though.

yMcy56:
Pardon my ignorance o.
...buy the new shares have not been added to the existing one....
Is the EPS not yet on the old OS?

If it were, wouldn’t it be a worse off situation?

@yak follow up on my last suggestion…
Eterna's support based on my analysis of her volume-price dissociation is approximately 21.00. Will definitely do well based on last quarter's print. I will be picking up more should it dip to this price. If not confident sell off about half your holding when it strikes your 28. There may be a slight resistance there before it resumes the climb.

Omooloriredade:
Just in case someone sees Q1 EPS of N10 for a stock selling for N40 and was wondering:

Since that result was released. There has been a significant change that anyone looking to buy should consider.

There was a stock split (x5). So the N10 EPS in Q1 is more like N2.

As at Q2, EPS was N2.45k.

Disclaimer - Not a buy or sell recommendation.

Well observed.

EPS needs to double to make common sense at the current price.

STOjo:
"In a bull market, everybody is a Pro." Hope you have a good margin of safety?.
Ask those who have gone through that route before, They will tell you nothing is sure.
Please diversify your portfolio. Mix your greed with a little portion of fear and you will succeed. Over confidence kills.
I remember Obabo**jo (with due respect to him).

Thank you sir,

All at stake here is N1,000,000 . That’s the risk. I will not put a dime extra but just keep rolling the funds from each bus stop over to the next stock. Please don’t copy this strategy with your life savings. But, why not a little fun investing for those that this would amount to less than a 1% of their total portfolio. You can equally scale down to a level that doesn’t pinch e.g N100k to 8 step of 1.28mil. Or even 10k to it’s 8 step of 128k .

What it could kill sir, is the initial investment ne c’est pas ? All your other investments will of course continue to run.

emmanuelewumi:
100% return on a consistent basis for 8 year?

You go wound, not when the portfolio gets to N5 million and above, then the liquidity of the stock bought

Nope sir, not same stock all the way to 128 sir., rollover stock to stock. Cash out at each bus stop and eye the next entry. The only challenge I have had in the past with this is that once it’s over 50mil, you may need to split into a couple with equal potential. Will always cash out sir. Same principle you have taught here over the years just with some adjustments…..instead of waiting years, I just hit and move to another stock…..honestly sometimes you could cover 3 moves in a year.

#128: 0-8
I am going to try
8 consecutive picks with a prospect of 100% to be rolled over as below. Could last 3- 7 years or even less. It’s all about the power of compounding.


I will start at step zero of N1,000,000.

Step 0 =N1,000,000
Step 1= N2,000,000
Step 3 = N4,000,000
Step 4 = N8,000,000
Step 5 = N16,000,000
Step 6 = N32,000,000
Step 7 = N64,000,000
Step 8 = N128,000,000


Purely on Common Sense Strategy.

Let’s see how it goes. Will post my progress here.

crownprince2017:
Up till now, pa Emma, aj8, ogg, mcy et.al did not tell me their clear view of fidson based on their recent reports.


Sell or hold

Over priced based on eps. Common sense about N3.30 and still falling . Not the type I like to touch even with my health care background. Time to book whatever profits and let your principle run if you are in love with the stock.

MARKETJJC:
Aj8 what is happening in RTBRISCOE? I just dey use side eyes lookam since I came down at #1.72 but it is just moving to God knows where. Is there any other thing ?

Not yet a stock for long term hold in my opinion , though prospects from eps informed my call. Like I said in my earlier post, out at N1.60 no matter what. Well over 100% gain is good. Please Look away my brother. It will sure come back to N1.60 once the smoke clears.

emmanuelewumi:
Hope you know they had a forex gain of N6 billion in H1 which will not happen in H2

So do you want him to buy at the current price or do you agree with me that he should wait for a significant drop below this current price?

What price do you consider he ought to enter? I think he can gain from your wealth of knowledge and experience.

“Greed and fear drive the market. Just try not to take either of the two home” .


Aj8

Profit is profit. No regrets.

eziokwunwoko:
Mr aj8. Based on your Common Sense Strategy. Should I buy UAC PLC at current price?. Appreciate your response

H1 eps = 3.01
FY est = 6.00 approximately

Common Sense Value = 6 x 4 = 24

However, div of 22 kobo is rather poor so apply 75%

My Common sense adjustment on the market sentiment of dividends = 24 x 75% = 18

Market as you can see is already around this price.

So I wouldn’t buy at the current price based on the strategy.
Until it falls significantly below 18 to guarantee a profit by the time it climbs back to 18 or better still climbs to 24 on better market sentiments.

I will post UAC’s chart . That may give some further insight.