₦airaland Forum

onegentleguy:
Be careful with CHAMS. ...so u don't get trapped 'in the closet'
He just might have a similar price behaviour like that of JAPAUL.

Just an advise. ...NOT a recommendation.

Japaul was with forward looking statement, anticipating of money injection with no action and no dividend payment, but Chams came with high surprise and action (3 kobo dividend) time will tell.

kolaish:
Good points no doubt, but a member here drew attention to their negative Retained Earnings which is about N1.9b. Could it be the likely reason why investors are cautious?

If it has to do with that the regulatory commission will not approved their 3 kobo dividend. The company has bounce back to profit, for them to record high percentage of earning in their q3, and final against the previous years, it means that they back to business now than before.
Anyway, time will tell.

austinkenneth:
What's the payment date for Chams?

Not yet posted, but might be out today.

kolaish:
It will take sometime for the dusk to settle on CHAMS. There are some entity dumping massively despite the result.

It mightbe uninformed investors who have been caged for long time, and have been on their stockbroker neck to sell when ever there is an opportunity to bail out, who will later regret when they find out. And by now they have not heard of their wonderful performance, but as long as this their result stand, with 8 kobo EPs and 3 kobo dividend, they are the best so far.
For instance.
1. Zenith at #22 with dividend of #2.50, and 100 unit of Chams at 20 kobo = #20 naira, 3 kobo dividend x 1000 = #3
2. Zenith EPs of #6.15, while Chams 8 kobo x 100 = #8

For me as caverton bus is filled up, Chams bus suppose to be the next available bus.

Chibuking81:
lol, my mind tells me that you know the actual result, but you want to draw our attention to their wonderful result.
Anyway that's good.

This is interesting, a stock of 20 Kobo with 8 kobo EPs and 3 kobo dividend. Eyes opener
http://www.nse.com.ng/Financial_NewsDocs/25430_CHAMS_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

Unity bank of 80 kobo, with EPs of 13.3 kobo, against 2017 loss of (127.62)
http://www.nse.com.ng/Financial_NewsDocs/25521_UNITY_BANK_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

People seen not yet understand that Chams PLC result seems to be the best result so far, stock of 20 kobo with 8 kobo EPS and 3 kobo dividend, for now based on their price, they have better result than Zenith and Caverton, or is there anything am not understanding in their result?

Tomorrow market.
Some stock will run forward, while many will run backward.
MM will try to defend some poorly performed stocks. Friends it will be a great opportunity for the informed members to bail out, because surely they will get tied and stock will fall.
Some stocks will be heading backward to 50 kobo, some #1, and some #5, while some will be moving forward to #1, some #5 and some #10.

yom2:
pls what's eps for chams plc? cos my calculation is showing 5k. don't know if I have d right data

lol, my mind tells me that you know the actual result, but you want to draw our attention to their wonderful result.
Anyway that's good.

This is interesting, a stock of 20 Kobo with 8 kobo EPs and 3 kobo dividend. Eyes opener
http://www.nse.com.ng/Financial_NewsDocs/25430_CHAMS_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

Unity bank of 80 kobo, with EPs of 13.3 kobo, against 2017 loss of (127.62)
http://www.nse.com.ng/Financial_NewsDocs/25521_UNITY_BANK_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/25524_FORTE_OIL_PLC._FINANCIAL_STATEMENTS_MARCH_2019.pdf
The word of God says So the last shall be first, and the first last: for many be called, but few chosen.

FO closed @ #27.70 on Friday, recorded 1.46 eps in their 2018 final year result against 2.85, in 2017.
Majority of NSE listed companies recorded massive loss in 2018 final.

dipoolowoo:
UAC Nigeria Records N9.6bn Loss as Auditor Raises Red Flag
https://businesspost.ng/2019/03/31/uac-nigeria-records-n9-6bn-loss-as-auditor-raises-red-flag/

Dangote Flour Declares N1.2bn Loss as EPS Drops to -N22.87k
https://businesspost.ng/2019/03/31/dangote-flour-declares-n1-2bn-loss-as-eps-drops-to-n22-87k/

Dangoteflour EPS, 22.87 kobo for 2018, against 291.30 kobo for 2017, massive loss, very very very poor result, that was why they hurriedly fly their price to #11, from #5..80, to avoid visiting 50 kobo, this time around, #3 junction is waiting to welcome them. The more you look the less you see.

Emerging, 25 kobo dividend paid by the stock of #2.49 kobo , is more than the earning of the stock of #11. The world is turning around, every thing is turn by turn, last two year 2017 final was the turn of Dangoteflour, while this year for Caverton.

Kevostica:
Pls for edividend form, the space provided for shareholder's account no what do i fill in there? Broker's cscs no?

CHN number

Beke2020:
Good day great men of this forum
Been following your contributions and most times when I actually have fund I enter some stocks at the wrong timing. But hopefully I will get there.

pls I need your advise on Fidelity bank shares. I bought my first three tranches at an average of N3.67 2017
I bought more last week at N2.18 hoping with their Q4 result I should be able to bail out even without profit.
But yesterday the price dropped further down with the current news.

Should I sell off all my holdings on monday? Though will be losing almost N400k. This is quite painful but...but my worry is the price will go further downwards and I may lose more in value of my holdings. Thank you

@Chibuking81
@tritritri
@rebekah2011
@stool
@locodemy
@onegentleguy
@Aremso
@Mendes911

As for me I don't have a single of Fidelity bank share for now. They have good result anyway, what they are suffering for now is punishment for their poor dividend payment, and no one knows at which low price their punishment will stop, maybe at #1.7/ #1.8.

With their recent behavior, am doubting their EPS . But they will still move up above their current price of #2.06, even if they fall to #1.8.

If am the one, I will reduce my holding and use the proceed to look for better stock like Caverton ( if seen at all below #3 in the new week) and Zenith bank.
Better still, you can still sell at any price above the current price, their MM might push the price above #2.20 on Monday, you can use the opportunity to sell, and buy FCMB at #1.5/1.6, For now FCMB is more preferable than Fidelity.

Caution: due diligence needed too

tritritri:
Loco do u sometyms get worried if zenith hit 19 ? i bought at 22.20 but wat am seeying any small kasala it 19 straight. .......

Then it will be a good opportunity to buy more unit, for more dividend.
There is one stock that I have concluded to increase my holdings with them comes Monday, hope the eagle eyes in this forum will give me a little chance, before the stock move above 100% from its current price.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/25491_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

election helicopter hire help this company or what? though the Q3 was good which gave d pointer but this current result is superb. everything about this company analysis shows a good performance except their financial cost needed to reduced to increase their earnings, thatz no prob anyway.

fairprice too high to post above dozen

Maybe #15

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/25491_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

election helicopter hire help this company or what? though the Q3 was good which gave d pointer but this current result is superb. everything about this company analysis shows a good performance except their financial cost needed to reduced to increase their earnings, thatz no prob anyway.

fairprice too high to post above dozen

Election helicopter hiring will show face in their 2019 q1 result. I notice that federal government uses their companies, and they will be in business as long as this present government last.
Their coming q1 result will be part two of wonderful result.

Kevostica:
I have tashere units here and have not activated edividend. Is it late to still submit. Or what do i do to get the small amount involved?

It's not late at all, you can do that tomorrow, print the form fill and submit to the bank.

Who is holding Dangoteflour 2018 final year result?

Caverton and Eterna pay the same dividend of 25 kobo
Caverton EPS, 1.27 Kobo 2018 against 77 kobo 2017, very good and wonderful result.
Eterna EPS, 77 kobo 2018 against 1.54 2017, Very poor result.
Power will change hands starting from Monday, many companies presented disappointed poor result

Caverton is still leading. Not monkey hunting, but treasure hunting

rebekah2011:
Check the tax note. Deferred tax boosted the PBT to that level. Oando will take ages before they make real profit.

They are improving.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/25535_OANDO_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf
No dividend

EPS
197 kobo 2018 against 62 kobo EPS 2017

http://www.nse.com.ng/Financial_NewsDocs/25493_FIRST_CITY_MONUMENT_BANK_PLC._CORPORATE_ACTIONS_MARCH_2019.pdf
FCMB
APRIL 11, Qualification date for dividend of 14 kobo

http://www.nse.com.ng/Financial_NewsDocs/25537_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC_CORPORATE_ACTIONS_MARCH_2019.pdf
Caverton pay 25 kobo dividend, May 7, qualification date.
Close at 2.49 EPs of 1.27
2.49/1.27 = 1.96 PE
Superb result so far

locodemy:
if you know you know.Tell the guy who said fcmb won't surpass fidelity to respect this great forum.

Ceteris paribus
FCMB is on high speed than Fidelity, and will overtake Fidelity some day.

veecovee:
You don't waist time rough driving here when you see such.

You just park well and do the needful

Noted, thank God I still did the needful.

Truly, today I understand that this forum move NSE, we have a lot of ghost followers, for instance the moment one of the member posedt about 22 kobo fake dividend of Fidelity, their price jump from 2.20 to 2.40+, and immediately the true fact of it's dividend been 11 kobo, the price descended back to 2.06.
Immediately the result of caverton was posted, the available stock in the offer disappear.
This forum is great

locodemy:
oga long epistle don hammer.

I hope we no go see 4 pages compiled at once later today?

Caverton should be the best result so far released this week, before I finished posting going back to pick some at 2.49, what I see next was 2.58, from there full bid, hope one will still see it at #3 next week?
This stock final EPS beat many stocks hands down, it has better result than most stocks between #5/#10, they have better EPs than likes of Dangoteflour, Eterna, UACN, etc

Nice and wonderful result from caverton from 77 kobo EPS in 2017 to #1.27 in 2018
http://www.nse.com.ng/Financial_NewsDocs/25491_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

Fidelity may end up today on full offer.

Okomo oil pay dividend of 3 naira, qualification date, 15 May, 2019. Poor dividend for stock of 80 naira, (Okomo oil EPS, 8.91 2018, against 2017, 9.76 kobo)
http://www.nse.com.ng/Financial_NewsDocs/25487_OKOMU_OIL_PALM_PLC._CORPORATE_ACTIONS_MARCH_2019.pdf

Yayira:
What is the FP for ccnn
Was eyeing this stock.. it’s trading at 18 now.. is it a good buy?

Please don't try, keep your money, the presented poor result.