₦airaland Forum

mendes911:
Oga CP has no recommendation on Caverton anymore. He's done "chopping" this one and has moved on.

mendes911:
So 18 multiplied by 2.31 is 33?

safepaulooo:
Flourmills eps is almost 3 times DF.....I. e 317k vs 137k, at least the price gap logically should equate same multiple

Agbalowomeri:
Have you bothered to think whether they might need the proceeds from asset sale to plough into the business? You dividend expectation might be a tall call

As per comparison with FMN.....hmmmm

GANDALF1:
Now my verdict.

If you have Dangote flour in your portfolio, treasure it for the next 6months to 1year. When the price is compared to flour mill's price of 33+, thats a great discount for a stock that should be selling above Flour mill's price as of today.

My humble prediction is that while, they might declare a little dividend, say 50k or 40k, the possibility of a bonus share is very high and the only thing holding it is that move.

Dangote flour mill is Gold and That's It.

GANDALF1:
screenshot 2

fxuser:
Zenith
breaks 25 on vol ! it is ready

DangFlour
breaks 11 , on full bid
expect new 52 wk high brk out

FBN
breaks higher , expect new 52 wk high brk out

Ucap
break higher !

Englishgold:
I thought he was a great investor with enough knowledge. But the way you shun him @myjoy shows you are somewhere trapped. Anyway, enjoy your difficult moment. you once deceived me to buy Diamond Bank and THANK You later last April and landed in mess instead. Enjoy your hard times.This is NSE for you.

straffing:
I have a hunch you are not in the Fidelity train going by the sound-bite of your post. I would not know other better reasons ( maybe price volatility by your reasoning) that will be considered in opting for a particular stock other than good dividend payment history and a growing EPS. Those two variables are clearly on the side of Fidelity bank. It does appear that you mis- timed the market and missed the opportunity to a position.
Im sorry am this direct.

bigjay01:
Oh boy carry time with this your epistle! No just spoil market for me. Everyone mut pay their school fees. That is the way the cookie has always crumbled! Greater fool theory is a very established fact.

However, one thing i will never do is hunt monkeys.

Standardguy:
With the expected further crash in interest rate next year and FGN decision to settle completely a percentage of maturing Treasury bills, the dividend payout by coys yearly may be higher than the interest received that year on the amount invested. Looking carefully, future investors will be asking where they were when prices where as low as they are today and when DMO starts settling treasury bills rate may go down to low or mid single digit.
Also, most of the coys you see today with some struggling to survive will become more profitable as they will have more cheaper funds turn their businesses around (which is the reason FGN is deciding tobcrash rates) hence more dividend resulting from lower interest.

Toluway:
Are you saying Good Financials History of good Dividend Payment are not enough to make Fidelity and Afriprud good stocks? ?

Agbalowomeri:
Is this when they exit? In fact, I am coming to beat you up for wrong information. Show your address

richie9093:
As promised, here are the links for the movies, documentary and series. Sorry for being a little bit late.

Billions Season 1: www.gomovies.to/film/billions-season-1-8817/

Billions Season 2: www.gomovies.to/film/billions-season-2-19342/

Too Big To Fail: www.gomovies.to/film/too-big-to-fail-9715/

Wolf Of Wall Street: www.gomovies.to/film/the-wolf-of-wall-street-2777/

Wall Street: Money Never Sleeps: www.gomovies.to/film/wall-street-money-never-sleeps-4295/

The Big Short: www.gomovies.to/film/the-big-short-7619/

Trading Places: www.gomovies.to/film/trading-places-18654/

Margin Call: www.gomovies.to/film/margin-call-3830/

You'll need IDM (Internet Download Manager) or any other application similar to IDM to download them. I would have dropped the torrent links but I don't know how savvy people on here are, as that one is a bit more complicated.

Let me know if there's anything else .

locodemy:
The guy who told me i am deceiving newbiews should now watch out for NUMBERS.Nobody can deceive NUMBERS.
For me,with the help of currentprice i am making money with NUMBERS.

yinka2011:
oga, no offense but your info is wrong. This is the correct top gainers and top decliners of today - direct from easykobo

sellydion:
DF deal should be a balm.

Indomie( Sanjay): Alhaji, I learnt you want to sell the noodle line of biz

Alhaji: Yes my Indian friends, are you interested.


Sanjay : We are very much interested we need to consolidate our position as no1 in Nigeria.

Alhaji: That is right we will surely sell to you if we agree.

Sanjay: Why not Alhaji?

Alhaji: Sanjay, can you pay N3.2b for the line hope you have inspected it.

Sanjay: Hum. this is okay but we can't cough out such money else we collapse our cash flow

Sanjay: Can you allow us to pay over 7 years

Alhaji: 7 years too much, okay based on some conditions

Sanjay: Alhaji lets know your terms, we are willing.

Alhaji: 1. You become our strategic partner, DF will supply flour at best and competitive price to all your manufacturing plants .

2. Any amount not paid per term will attract interest of 2%

Sanjay: This will be a strategic move for us and you. We will continue to maintain our no 1 in Nigeria.
DF flour sales will also increase beating competitors. The deal is sealed.

Mpeace:
I am here sir, and humbled. Can't help but congratulate on ur loot. You were right, cash from the sale of the noodle section reflected in the q3 result. Ride on sir.

tritritri:
The bear was much on friday..