₦airaland Forum

Yayira:
Everything is wrong especially when the performance of the company is on point..

It isn’t about fundamentals ? Really? What is it about then ?

still i dont see anything wrong in that, the company might be sound but considering the situations in Nigeria now one can predict the direction of even the best performing stocks

Yayira:
Mendes911 did you open that GTB H1 result ?
On a serious note you and Agba needs to stop all these jokes because some people here don’t open results, they just wait to read comments about the results and may take your comments serious..
please do not badmouth a good result because you want to buy a stock at a low price..
Let all the joke stop.

very correct, the fact that i want to get these stock at a very discounted prices does not mean i should rubbish fantastic result, GTB AND zenith remains my best stock any day and any time. With the current free falls, they will naturally get to my bustop.

austinkenneth:
This stock should be going for N15.

10 naira would be manageable

Jejebabaa:
Corporate Action:

Notore Chemical Industries Plc releases results for the nine months ended June 2018. Revenue dropped from N25.8 billion in 2017 to N20.5 billion in 2018. Loss before tax increased from N3.7 billion in 2017 to N3.9 billion in 2018.


Visit Nairametrics.com for more news.

for a stock of sixty something naira? na real one chance be this if person enter

justwise:
@All

Please stop dropping your contact details here its not safe.

Thanks ooo

mendes911:
Your people were gradually selling over the past few trading days but refused to update daily records on their website. LOL. This is how they will wake up one day and post an empty spreadsheet.

lol. bad guy

chukzyfcbb:
50m in stocks? lool that person must be worth 10times that in physical cash to mess around Nigerian stocks with 50million.

Everybody now is laughing at 12%

last year when ROI was almost 20%, una no remember stocks o.

Stock is a high risk yielding asset, Playing with it with 50m is playing with fire, except you can stomach losing 50% of 50m in a twinkle of an eye.

With due respect sir, am just laughing here cos what you don't know you don't know it. If you loose 25m in stocks then you must be a newbie. You must know the entry and exit period. Eg immediately I qualified for dividend on all my stocks I sold all the next day and whatever happens again is story to the gods non of my headache. And I told my people that prices will crash some even made jest of me but today if am still in stocks, I would have lost about 2m cos prices have crashed. So I love stock game so much. If you don't know it, just stick to what you know and your level of appetite for risk. As for me by God grace I do both tb and stocks and if I have 100m today I will put it in stocks at a very good entry price then smiling later.

mpres:
Thank you so much. I’ve noted all the points. If I can get a date between now and September I’ll try again. If not, I’ll leave it till the next pregnancy.

I quite know how u feel cos it happened to my wife but my candid advice is for you to go back to your drawing board and restrategise for your next pregnancy, I notice that we started late and it really affected my wife and I don't want such to happen again so immediately God stumps it for you, start preparing from that day one. With this, you would not be put in a tight corner in case unexpected happens. Eg my wife told me she was pregnant and immediately I contacted Dr and was given appointment, I was about booking visa appointment when she opened up to me that she was only joking so plan well on your next pregnancy. Please if your mind still furge ahead, Jesus will back u up and let His favour shine on you. Just my own 2 kobo

Gurus, is Zenith=15/16, GTB= 32/35, Access= 5/7, fbn= 4/6, uba= 5/6 possible before election?

DOLLARTEX:
what is dead may never die.This market! chai

Not a new thing, there was a time banks were rolling in fantastic result and prices were going down instead of appreciating so not new at all

swilo:
Lol, gradual and silent dumping.

Brings to mind Caverton Q1/Q2.

is zenith result poor, pls no time yet to read it.

awesomeJ:
Things like these are why you need to establish lines of credit for your business.

Talk to your banks. Credit cards, overdrafts are some of the quick offers you may get.

I don't know how things are in Ghana, but you could also try microfinance institutions. There are some in Nigeria that'll give you up to NGN 4m within 24 hours.

Reasons like these are also among why you should build good relationship with friends and family. They'd be more likely to come through for you than those of us here.

If people still ask once a while how safe T-bills are, trusting a stranger with their funds may not be very likely.

Have a successful contract execution sir.

infact, for me CAPITAL NO NO, i can never do such biz...... TB i know, Stocks/shares iknow, fixed deposit iknow. Hullage who are u?

Hamthablow:
Hey brotha, I need your experience. My email hamthablow007@yahoo.com

please sir not out of arrogance or pride sir, I don't do pm tinz sir.

handsomebolanle:
Please how do we buy stocks.. I need someone to put me through

Please sir read much on stock investment so that it will not be like 08/09 during global melt down which many lost millions cos they were novice just joining bad wagon. so read and read so that u dont invest blindly though i was affected but went back did a lot of reading and this has been helpful. my slogan is no more loss cos i wrk hard for my money and as such, it must wrk hard for me thats why i have to read.


[b]Please gurus in the house pardon me for digressing, was only trying to ans a question. pls Sirs!

ernie4life:
send me a pm, am a Broker

sorry sir, am not use to pm tinz

Donbrig:
Some of you are very confusing and cannot keep to simple rules and regulations of a thread. I thought this thread is all about treasury bills, then, why all the ado about stocks and shares? Lets learn to obey simple rules, it helps a lot in life. Thats why our leaders don't bother or care when they break any code of conduct or constitutional rules, because they know the masses are not better. CHANGE MUST START FROM YOU AND ME.

Thanks for your understanding.

so sorry sir! for breaking the rule, would not happen again Sir

ahiboilandgas:
I will wait a little for gt zenith to be undervalued then strike

good man! you are sure of 50% return on your money very sure of both stock. just join the train at the final bustop don't join middle way oo

ahiboilandgas:
I saw that dangote flour I missed but I will study your strategy and come in again with little amounts 2m to test ground again

please never enter now oo abeg.....election is loading and the best stocks will be affected

ahiboilandgas:
been in the bussiness for 17 years and have good holdings in nestle ...some wipe out phb,fin bank intercontinetal.can never buy a share of firm manage by nigerians

i had phb,fin bank intercontinetal and oceanic wiped out too but am doing selective investment in company of my choice. i will not say cos i made loss then i will opt out. I usually go back to my drawing board and re strategize, then come back and i love the game wella. is not my father company, once i hit my target i leave imagine buying dangote flour for 5.30k investing 1m givin me 188,000 units then sell at #16 givin me 3m. i dont need to stay long sometime i dont wait for div once i hit the target i waka... not my father comp.

zamirikpo:
Why I won't hound u is cos u admitted being a risk taker.
TB inmates are not risk takers most of us are saving in a productive way or building up capital for future plans.

I know a business that can give u 100% ROI in a year on 50m but I must admit nothing is ever sure with investments.

oga, i invest in what i know and sure i can control,all these 100% am not interested my 7.5m is hanging with all 100% biz not MMM mind you. stocks i know and has been paying my rent conveniently yearly without having to touch my yearly accommodation allowance. Have also been investing in TB for over 10yrs so not a novice to both

ahiboilandgas:
depend on some factors either ....there might be non available for sale or no new buyer when u plan to exit

oga, have be in this business not yesterday. so just let me be. i repeat again and again, i know the time to exit cos am not greedy. i set target for myself and once i hit my target, i waka........

tritritri:
Why brother?

not the right time to touch

tritritri:
ZENITH near it 52wks low... tempted to touch.

Thou shall not touch....

ahiboilandgas:
u don't have control over it

yea but i have control on when to enter and exit

ahiboilandgas:
u have to be careful cos interest rate moving up in America...no fdi into nse

aware of that one too

Barrytone:
What if the price drops further like it was in the past. In TBills you must gain. Generally the higher the risk, the higher the profit / loss. I rather remain with a win win situation that is TBills. I come to mainland to unwind, so no amount of money might take me off for now except we have alternative platform where Nigerian speaks their minds.

i have been in this stocks stuff for over a decade and the worst was experienced in 07/08 in which i learnt my lession in a very hard way but i will not say cos there is plane crash i will not board aircraft again. Go and reseach it as aside the global economic melt down of 07/08 zenith stock has not gone below #10 and gtb has not gone below 14 pls u can take the pain to confirm. am a risk taker i know the time to enter and exit i pulled out 8.2m from stock into TB after 450k div and now those stock are going down. so know the entry time and exit time. I love the game as taught by my mentor warren buffet. am hoping to get 3m from stock as gain next yrs by God grace

zinaunreal:
Lawd when will i make and see my 50m with my koro koro eyes

Laughing here! with right investment mind and God is on your side, 50m is very small for you to have legit and not govt of fraud money. now let me tell you why the person that said if one has 50m, one has nothing doing on nairaland might not be totally wrong. if i have 50m and put it in TB for 364 days @ 12% the return will be 6m fine now play the game on investment on NSE for those who can take the risk like me which have been enjoying, stake 50m in one stock like zenith bank @ #18 cos as the election draws near, stocks prices would be going down due to uncertainty and the believe is election will come and go and naija still remain one. so back to 50m on zenith @ 18 it will give u 2,777,000units after the election and zenith release their finacial result which of couse would be ok, the stock can go to #28 but lets take #25 so 25x2,777,000=69,425,000 now lest say zenith do a dividend of #2.30 x 2,777,000=6,387,100. All together, return on #50m for less than 5month is #25,812,100.

summary

TB 50M(364DAYS)@ 12%=6m

Stock zenith bank less that 5month= #25,812,100

now capital plust gain= 75,812,100. ok

pull it back to TB @12% for 364days when share prices would have gone down. return would be #9,097,452+ 75,812,100=#84,909,552

same stock @18 then u get 4,717,000units by #25= 117,925,000+10,849,100@ # 2.3k div totalling #128,774,100 for period of 2yrs.


so one can generate addditional #78m just in 2 yrs. i choose zenith cos have been investing in the stock for a decade now and no cause for alarm though i do some other stockS like GTB

House please is there any info on zenith? cos i noticed massive offer!

mendes911:
Presco.

http://www.nse.com.ng/Financial_NewsDocs/23217_PRESCO_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Distribution expenses seems to be shooting up for some of these companies. Is it time to invest in companies offering distribution (haulage) services?

hmmmm. even some of their runz things they also put them under distribution expenses

stcool:
https://investdata.com.ng/2018/07/helped-by-tax-credits-oando-nets-n8-5bn-half-year-profit/

According to the report, turnover for the period rose by 11.36% from N266.977bn to N297.307bn; while cost of sales grew at a slower 5.46% to N246.295bn, compared to prior half-year’s N233.544bn. This resulted in gross profit for the period of N51.012bn, which was 52.58% better than N33.433bn in the 2017H1.
Other operating income dropped significantly also by 84.46% from N12.662bn to N1.968bn; while administrative expenses climbed 24.22% to N39.137bn, as against the previous N31.506bn. Finance income crawled to N5.088bn, representing a 9.85% improvement over the N4.632bn reported earlier; while finance cost remained at N21bn just like last year.
This left loss before tax therefore at N2.262bn, which was 169.39% higher than the N839.91m of previous half year, while profit after tax came to N8.493bn, helped by the tax credit of N10.755bn; as against the N4.561bn net profit due to the N4.733bn arising from discontinued operations.

Explained better in today's Business Day Newspaper...

so tax credit did that magic? Nawa oo