modgba:
FG Pays N609bn Interest to T-Bills, Bond Investors
https://businesspost.ng/economy/fg-pays-n609bn-interest-to-t-bills-bond-investors/

BUA Cement to Expand Market Share With New Factory
https://businesspost.ng/economy/bua-cement-to-expand-market-share-with-new-factory/

Nigerian Breweries, 26 Others Lead Losers’ Chart on NSE
https://businesspost.ng/economy/nigerian-breweries-26-others-lead-losers-chart-on-nse/

CSCS, Friesland, Nipco Lift Market by 1.15%
https://businesspost.ng/economy/cscs-friesland-nipco-lift-market-by-1-15/

Crown Flour Disrupts Pasta Market With New Product
https://businesspost.ng/brands-products/crown-flour-disrupts-pasta-market-with-new-product/

Nigeria Discharges 6,739 COVID-19 Patients in June
https://businesspost.ng/general/nigeria-discharges-6739-covid-19-patients-in-june/

Pan Ocean Condemns AMCON’s Invasion of Premises
https://businesspost.ng/economy/pan-ocean-condemns-amcons-invasion-of-premises/

Nigeria’s Debt Profile Hits N28.6trn in Q1 2020
https://businesspost.ng/economy/nigerias-debt-profile-hits-n28-6trn-in-q1-2020/[i][/i]

Bua cement wants to skyrocket share price and is fighting big with its leader

Let’s see how it goes

Northeastern:


Chief, well done.

Your list is not comprehensive, FPIs buy a whole lot that you'll be surprised at some of the names they buy.

If you are not sure of a factual claim, frame it differently. You are off to a good start, work on your delivery, all those uhhhh should be done away with. Practice your presentation before shooting.

You have a global audience, so, assume no knowledge. In all your videos, provide basic info...... I'll go top-down like this......We'll be looking at Nestle today, the stock with the highest price on the NSE. Give a brief background of the NSE.... like the number of stocks listed..... the sectors.... its ytd return, and then proceed to talk about Nestle's sector in the same manner before focusing on Nestle as a company.

Make a passing comment on its fundamentals and the sentiment of the market at the moment and clearly state that you'll be focusing on TA. Please use TA terms and make your opinion clear. Say, the stock is bla bla bla its 50 or 200-day ma. Support, resistance, pullbacks, should all be jargons that you are comfortable using. If I were you, I'll focus on FA, TA, sentiment analysis, and dream analysis(shout out to Yariya). No one would want to follow you when it is only TA value they get, so, go all in.

On your disclaimer, this is not an investment advice is okay. Which one be past performance is not a guaranty of future performance? You be money manager?

Also, you can create multiple channels but make sure that they are specific. If I were you, I will focus on Nigerian stocks on this channel and move all those US stocks to another channel.

Pick a couple of stocks on the NSE and always provide updates on them from time to time. If you cover 30 stocks and provide updates every 3 months on each of them, that will be one video in every 3 days, so the NSE is enough work for you already. Remember to have a standard introduction for the NSE, the sector, and the stock for all your videos even if it is an update on an earlier videos

Also, stop referring people to go watch your previous video. Either provide a brief summary in the current video or share the link in the description.

Remember that what you're are posting now will outlive you and might be a referenced source of knowledge so be invested in it.

I hope this helps.

You said it all
But he’s correct on past performance is not a guarantee of future performance because you can study trend but nobody knows the investors sentiments and market. Everyone just estimating and analysing, Someone made a comment here to me which made sense once a market turns bearish, nothing can stop it until it meets its support level at that time

Lastly studying stocks for monthly analysis is risky, an example is wire card last month from 100 euro to 1 euro Per share with 3 days, investors bled. so you need to be up to date with information and news regarding your investment.

I’m in deep thought atm, why is the bank holding emergency meeting.

Any idea

RabbiDoracle:


We are waiting for your bonanza.

Meshpips don talk his own on Bitcoin, NAHCO, and Zenith. Bitcoin didn't go as his VAP or trendlines forecasted. and NAHCO went to all time low first after his forecast that it will hit 5+. Still waiting for Zenith to hit 11+, then 9+.

The messages are saved here on Nairaland about what you wrote in January and February when stocks were falling. So you go and revisit your messages.

I'm not in a contest with you. I only say what I can interpret from my charts. if you see anything contrary, let the market decide. But my point is, once the trend turns, you change immediately that you still have bank shares which you told people to sell. Isn't this chamelonic attitude?

Lol I’m rolling down on the floor with the CHAMELONIC ATTITUDE

I feel dividend for year 2020 will be low as companies can’t generate funds from their operations

I believe July would be super bullish As June failed. The market basically corrected it self from the increase.

Mcy56:

Be careful of transcorp hotels. It's highly illiquid.
The fact that they're going for right issue is even another reason to be cautious in dealing with them.
If you have insider or privileged info, you're very sure of it and ready to go a very long term, then you can go for it.

As for MTN, how many units does the 109.5M translate to?
Watch and allow general market direction guide your investment decision.

thanksa lot MCY56

Ehuatamuigunisi:
I noticed Okomu oil is not getting attention in this forum but surprisingly, the stock is moving from strength to strength. Who knows the reason behind recent rally? Any rumor of merger/acquisition or issuance of bonus script?

I saw okumo oil but why I ignored it is becAuse it’s expensive and it’s not volatile(does not swing)and I guess the recent increase is because of the earnings release
But if u have enough funds please invest in it or Presco( those two good)

I might be wrong
?

RabbiDoracle:


N109.5m is less than 1m units o. Hope you are aware?

920,000 UNITS CLOSE TO 1M BRO

GET READY FOR TRANSCORP HOTEL PLUMMETING HAPPY DAYS AHEAD AS THEY HAVE ANNOUNCED RIGHT ISSUE PRICE

MTN ON THE INCREASE NEXT WEEK, one crazy director bought shares worth 109.5 million

RabbiDoracle:


Story story!

Most companies in the US used debt to fund share buyback. And that was why Fed is warning that bailout or rescue package money should not be used for buybacks.

If I expect that my revenue will drop and that in turn will affect PAT, I will just buyback as many shares as possible. So that once PAT is released and it is declining compared to the previous quarter/period, the EPS calculations will still give you a higher EPS compared to the previous quarter/period.

Many US banks did it.

You are very correct bro
but in dang cement, he didnt use debt to buy back those shares he bought in january 2020, although he didnt buy much out of the 10% agreed and its normal for dang cement to always issue either commercial papers or bonds arouund this time

so i wouldnt suggest he did it to fund his purchase of buyback

RabbiDoracle:


Technical Analysis.

Thanks bro i know i didn't do that,
i just did calculation and financial analysis on the based on future potential and said to my funny self i got it at the best price now i'm crying

RabbiDoracle:


That is where TA comes in.

Even if the news is hyper positive, once the stock is in a downtrend, nothing will stop it from falling.

So that is why you must monitor when you should buy. You don't just buy blindly.

pls whats TA

RabbiDoracle:


You can also use buyback to deceive investors as if your EPS is rising.

if they are buying back to deceive investors, trust me the company finances wouldn't be able to handle it so the eps will drop immediately because the company will not have enough funds for production purposes and investment purposes which will
see sales volume reduce and also gross and net profit margin reduce and eps compared to their previous qtr or year
with an increase in bad debt because they will trying to sell more on credit to boost sales.
Their cash flow from operating activities will be in negative and financing activities will be built with either more loans or new issue of shares

but in dangcem, its not the case that's why i'm shocked and surprised

nna777:


Fidson just secured a 3 year tax holiday. So within these 3yrs, their finance cost and interest payable will drastically reduce.

Also they secured a contract with GSK from 2021 to produce some of their products at their new facility at Ota. So this will add to their bottom line in the long run.

Finally their partnership with O'Hara pharmaceutical will both broaden and increase their market share in the coming years.

I hope this helps

i like to believe that fidson will go up but truth is that fidson shouldn't be paying out dividend now, rather it is meant to keep its profit for uncertainties because looking at other pharmateucals coy, their share price is trading below N2

Their contract can be breached by natural acts which are not within their control and can be cut off, look at chams plc contract with the govt to produce identity cards but it was cut off over night making investors loose billions and cry

so its just for the short time take my money and dividend and run away bro

RabbiDoracle:


You can buy Zenith at N100. N100 is 26 dollar cents o. I hope you are aware.

If JP Morgan wants to merge with Zenith in a bid to expand into Africa, what do you think the cost of Zenith will be?

is jp morgan merging with zenith

klas:


Taking risk which may go either way.

I know a sitting chairman (now former) of first bank that bought millions of the bank's shares at double digits price and was still holding them when the price tanked below N5. And no, the plan wasn't to increase stake.

This month, somebody bought 4 million shares of Nigerian Breweries at N42. A few days later, price touched N34.7. You would expect someone shelling out almost N200m at a go to have access to quality expert advice but then, market belongs to one and to everyone.

this just says it all i have thought and thought about this.
but on a share repurchase scheme from my experience in nyse, the demand for the company shares will shoot up as dangote has bought 10% of the shares which is cancelled so people will look for the shares which will also drive share price up because of the demand supply

however some folks say that share repurchase is bad, looking at dangcement, it has little or non current liabilities outstanding and their cash from operating services in their cash flow is positive with the cash held in hand is more than enough for the company to sustain this coro from q1 report. However considering other ratios such as quick acid, working capital and current ratio, i feel its the industry norm for them to have such, looking at bua and wapco, they are not currently liquid. Dangcem also issued out bonds to boost up liquidity due to the coro issues and dividend payout

i feel its four things
1. alhaji and his boys are playing funny with the market for DIL to buy the shares at the best prices again
2. bua cement issues(which is having effect on the share price at N-4)
3. massive layoff(investors feeling dangote is in cash crisis)
4.EPS - 11.76 Dividend - 16 (paying above their profit for one share by above 4.1), they might have sense fear and invested in the bond after taking dividend because of the uncertainties in the economy due to coro
5. the market is funny and most industries are on loosing streak

If the case is 1, 3, 4 AND 5 i believe it will rise because in the case of no 3, a company can fund it from its retained earnings, cash and they are non cash expenses such as depreciation, amortisation and provisions provided on its AFS which cuts down profit
but if its no 2, and if there is a court case, provisions may be made and it will cut q2 profit and share price will plummet more, i pray its not this or else anyone holding BUA CEMENT should get ready also

THIS HAS TAUGHT ME A BIG LESSON I WONT FORGET. EXPERIENCE IS KEY and run away from any company with pending or prospective court cases

Topson88:

This explains how it benefits dangcem, how does it benefit the investors abeg

to the investors the new market price should be 191 so thts why i rushed and bought at 143 or 144

so i dont understand whats happening now

Mcy56:

Yes. Wait for dangcem to fall. They will still crash the price to buy it back at lowest possible price. Then move the bus thereafter.
I don't think there's anything wrong with its fundamentals, Alhaji and his guys just needed to pick it at cheapest price on the floor ni.
The first year low was 116 around march.....let's see how they'll do it this time around. How low it will go.
I can see 115.20 on the table......think it will be good to start picking small small from the year low.......
This is just my opinion.

my point is that why will two of the directors buy the shares at 138 and 139(1million each) totally 138 and 139 million if they know the shares will fall below 120, will anybody want to loose at least 18-19 million

Topson88:
Mcy56, how does buyback work with dangcem...i don google am but still didnt understand. Sorry to border you.

Normally when a company buys back its shares

for example as dangote cement lets say the shares outstanding is 17,000 as at now
so as dangote agrees to buy back 10% of its shares
the shares outstanding is now 17,000*0.9 = 15,300

using previous profit as at last year of 200bn
eps last yr = 200bn /17000 = 11.76
market price at this date stood as 165
pe ratio = 165/11.76 = 14x

and if profit goes up by 5% as estimated from its q1 earnings
200bn *1.05 = 210bn
eps = 210bn/15,300 = 13.7

market price automatically goes up as former pe ratio * eps as 14 *13.7 = 191.8
and if profit still remains the same the eps goes high, same will market price

thats why i am so confused at the moment except its the dividend thats removed from its market price followed by the massive layoffs and bua cement tussle war or else i swear im confused as mad

THANKS GUYS FOR THE ADVICE ON DAM CEMENT

i am actually a long term investor but looking at the nse market, companies have burned out investors fund over the years and i dont want my hard earned fund to finish

I WILL ACTUALY HOLD DANGOTE CEMENT AND DANGOTE SUGAR and zenith and UBA but my portfolio is based on dangote cement more because of two insiders that purchased the shares at 138 and 139 and other insiders veritas that purchased at 169 because of the shares buyback and london listing which will increase eps and drive the share price up, but dangote fell towards 123 today, i guess its falling below its support level. i will hold till the end of july, right now i have lost over 70k on dangcement but i will hold, my biggest mistake was listening to my analyst instead of me of buying bua when it was 36.

i will refinance and cut shorts of my expenses and buy in this preferences fcmb, pz, fidson forte oil and guiness and likely not stanbic plc

the reason for fcmb is their recent purchase and insider purchase of share(ED)

PZ, FORTE OIL reason for purchase is because of the downward trend, i feel pz will rise because it has so much revenue reserves and a well branded coy

fidson(want to collect their dividend and run away because their interest payable on finance cost alongside its borrowings is too high and risky their gearing is not suitable for me to stay there long)

Guiness - i see it rising despite the fact they issued bonds to its shareholders because nigerians love for beer is mad and also the coro issue will drive the share price up in some few weeks

stanbic plc - this might be a little long term due to their holdings in different companies


please feel free to correct me and add more information

RabbiDoracle:


Don't panic sell. Just hold. When it starts to rise, it does nothing but 10 10%.

That’s what I’m hoping, I also feel that the top
Shareholders are manipulating the stock market so people will sell and they buy up to drive demand because apart from the sudden negative news of massive Layoffs, I don’t see how dangote cement would crash to 128

Don’t know what to do

Bought dangote cement at 143 for 3257shares thinking I got a good deal After estimating from its eps that the market shares will grow after dangote buys back its shares.. but I’m left in a limbo now

I don’t want to panic sell but I’m scared that dangote might crash further

abuhusna1:

If you get a job on it field which is critical skill permit you will become citizen after three years but others on general work permit will be in the job for five years to become Irish citizen. Nite your job must pay you 30k euro per annum on 37 hours per week. If you can't get this no you can't get both the critical and general work permit

However, I know this is also correct but i am not aware of 37 hours

CastedDude:
THIS IS TOTALLY FALSE, make sure u know what u are saying before answering questions in order not to mislead others.

There is a big difference between PERMANENT RESIDENCY (PR) and CITIZENSHIP. You can apply for PR after living legally in Ireland for five years while you must prove that you have been legally resident in Ireland for at least 5 years out of the last 9 years to become a citizen.

Go to Ireland immigration site or google to check for urself.

http://www.inis.gov.ie/en/INIS/Pages/WP16000022

The screengrab below shows you how you can convert from stamp 2(student visa) to stamp 4(residency visa)

gurlnext2u:
Hello. Good afternoon.
I’ve come back to give an update in regards to the stamp 1G renewal.
I successfully renewed mine today.
I printed out the emails as you suggested, and provided a letter from my GP because I couldn’t work earlier this year due to my health.
I was lucky to be seen without an appointment here in Cork.
I also submitted the regular documents: Heath insurance, proof of address (I used my bank statement), IRP card, application form and the €300 application fee.
The processing time is now 15 working days but my passport was stamped today.
How are you getting on with the job search?

good news brother

[quote author=phychem post=83313343][/quote]

What's your major?

My friend who did fin-tech alongside me last year went to class 4 times a week and sometimes 5.

vkyburnz:
lool...he just shared his experiences so far and u still dey ask question.

He is in Ireland and not in Germany, Australia or Canada

But from what he has said and from "let's make our nation great again", You must understand that you have to work very hard + Gods mercies as whities consider their people first during job applications/interviews, if it's EU nation, EU next, Americans/ other whites and the guy from Naija last. Same thing in Germany. Same in Australia and Canada.

For critical skill areas with shortages, colour might not be important from Ireland to Germany.

That's what I gathered from here and from close friends living and working abroad for a while now.

But you must remember, it is very possible to achieve anything outside the shores of Nigeria. You must just be ready to put in the work and look last those little discrimations and continue to press on while there.....

GBAM U SAID IT WELL
its God favour and smart work
"let's make our nation great again"

RANKING DEPENDS ON THE COUNTRY YOU DOMICILE, EXAMPLE OF IRISH RANKINGS ON JOB APPLICATIONS CONSIDERATIONS INCLUDE :
1. IRISH RESIDENT
2. EU CITIZENS
3. EASTERN EUROPEAN
4. AMERICANS
5. INDIANS/CHINESE
6. AFRICANS

Despite the fact that some EU countries don't speak fluent English yet they get the job.

Why they find it difficult to hire these graduates from NO 4 -6 is because they have certain conditions they need to meet, else they can't hire you and most of the employment contracts are for 2-3 years, so if your 2 years Stamp 1G expires, they have no other excuse than to sponsor you

The conditions these companies need to meet are very tight and only top investment firms, Accounting Organizations(Pwc, KPMG etc) and blue-chip high tech organizations meet these conditions due to their capital structure and influences, these include but arent limited to the below points :

1. They have to prove to the Immigration officer that no Irish or EU individual can occupy that role
2. They have to keep that position vacant for the next 12 weeks
3. They have to carry out different advertising campaigns such as advert in newspapers, facebook, Instagram, indeed, radio and tv stations etc
4. They will have to pay close to 1000 euros for your critical work visa permit
5. They have to provide Garda vetting which takes about 2-3 weeks to show your criminal record

In order for you to get a job in the top organizations listed above comes the toughest challenge as there are hundreds of people competing with you to get that role. Now you have to score at least 2.1 and above 400 points in your SSCE when converted to Irish standard, Some companies emphasize that you need to score Grade A or B in Maths or English ( An example is a screenshot added to this post)

After meeting the requirements, you need to take an aptitude test which is extremely hard, the point of this is to reduce applicant to the barest minimum. I passed 2 and failed 3 test. Literally you will need to buy practice kit to prepare for them.

TELL ME THE SMALL AND MEDIUM FIRM CAN WAIT FOR 12 WEEKS TO FILL A POSITION when they can get an EU or a stamp4 holder as soon as possible and this hindrance forces many people to do the otherwise

Lastly, no agent or school can tell you all I said, they just want their commission and your fees. If you coming, just know what you want to enter, I'm not saying this to discourage anyone but at least someone should let people know the truth not false advertising campaign and promises from these colleges.

It's a war zone. reminds me of the song by sean Kingston ft lil Wayne(at war)

Read more on STAMPS
https://www.dublininquirer.com/2018/05/02/although-keen-to-work-some-find-dublin-employers-won-t-accept-their-documents

gurlnext2u:
Thank you very much.
I’ll print out emails for all the applications I made.

You welcome, come and tell us how it went

vkyburnz:
Suggested paid PhD...you will find a lot on eures site. You get paid while doing PhD. Average in Sweden for instance is 39k krones/month b4 tax (about €3,627.91). Believe that should be comparative in Ireland too.

We are trying to look at various options available. I expect you, like myself (if I were to finish my MSc there) to use the first one year after school to work 40hrs/week (to raise money) while looking for a proper job related to your field.

Bros just don't give up. See infinite possibilities. It's going to happen for you. You got to win inside first. Pray too. God will help you bro. If others found a way to stay in Ireland and other parts of Europe and did well down the years, you will too! You will get something better if you don't quit.

Broda, your best is yet to come!

Thanks, lot, that what I have in mind to do, get another job and work 40 hours a week(likely healthcare or security) that's what I want to delve into.
Factory jobs for 8 months, No longer factory jobs my brother Ko easy

Chibabe4Christ:
PLEASE I NEED AN URGENT ANSWER ON THIS PLEASE

Tell the college or Uni, they will send your accommodation details, that was what they did during my time. Best of Luck
or
Go to Booking.com

You will see hostels online in Ireland line abbey hostel, Isaac hostel etc

They come from 20-30 euros for a night

gurlnext2u:
Good afternoon everyone. Please has anyone been able to renew his/her stamp 1G for the second year successfully?

I havent seen but once you have the 1G and the renewal, you need to convince the Immigration Officer that you have tried to look for a job in your majors and couldn't find. You need proof which can be in the form of

1. Rejections from Different companies
2. Emails for an application

not limited to the above but just a suggestion

Im just praying to God that i will see something as soon as possible before depression kicks in