₦airaland Forum

Pls can someone recommend 5 stock to buy for this new week for profit making
And 5 stock to sell due to danger around. Also those that will witness profit taking.

elitestrategist:
Time is the defining word for shares hunters.
In my view,based on assets of diamond bank , No tier 2 bank should be trading below N3
Some hunters are busy buying your dumps at d current price thinking d shares of diamond wil plumet to N0.8
A secret is being kept from individual investors by the core investors.
A game changer wi appear soon
If highly mismanaged banks like sky, sterling,key stone are stil in biz then i wonder while diamond will not attain N7 in dz current dispensation.
Pple are scared of bad result in the face of good fundamental and asset base and begin to dump potential ffuture money making stocks to foreign investors at a give away price.
Forget all d mathematical analysis of PEs on dz forum
Only few people saw d potential in ccnn when it was written off by all stock trading firm. Infact it never appeared on recommended lists of securities from 2000 till 2017.
Today,ccnn is a must buy.
Diamond is not in financial distress
The opportunity to buy is now
The price w definitely climb up no matter the speculation and ongoing dumping....buy it now or wait till it plummet to 85kobo

I beg to disagree with you on PE, because PE is an outcome of current price/ earning. That is the key to determine whether stocks is performing or not.

I do agree with you that Diamond bank has future potential, so also other stocks. But they didn't perform well in their 2017 FY, q2 will determine whether they will survive it this year.

But Nigeria been it what it's, some stock will report good q2 and 3, only to report bad result at q4, leaving their investors empty handed. SEC should carefully look into this issues.

Stock respond to news, whether good or bad.
Diamond bank result is very poor, it will affect their price tomorrow.

Parisfran:
The result is good, but like Frankyj said, take off impairment write back. If that is taken off the profit for the period will become more humble.

For me to take Q1 serious, I had to look at the prior year AFS.
2017 they impaired N25.6 billion which resulted in a 29% increase from its 2016 impairment figure.

Now 2018 Q1, they have recovered N5.1 billion back. My concern is 2017 financials was signed off in February 2018. If the write back was valid, the auditor would have taken it into consideration. Except they say the loan suddenly became good in the month of March.

If I use my formula of dividing last year's total profit by 4, I should expect a Q1 profit of about N12 billion, which is far lower than the 23 billion they are reporting.

If this year wants to be super, I will start believing from Half year financials.

That's good, I appreciate your effort and your view.

Parisfran:
Your missed out the big daddy: Nestle
I don't look at PE in isolation. What is the price to book and dividend yield? What is the gross profit margin and what is the ROA? Another important bit for me is, what position does it command in its industry.

After all said and done, if a bull comes to nse all good stocks will rise and during a bear era all will fall. Only outliers defy the will of the general market trend.

Pls keep the recommendations coming, I need to read more financial statements to catch stocks like ccnn early.

Go for Stanbic, study their q1 result, I think they are making a head way.

Or how did you view their result

Parisfran:
If their growth continue and price remains the same. That's when the PE will reduce.

I'm not afraid of being wrong though. I can't decipher the politics behind share price movement, but I can decipher the price movement that comes from an annual report.

The following company has the following PE
1. CCNN = 9.61 PE
2. GTB = 7.18 PE
3. FMN = 7.29 PE
4. UACN = 27.67 PE
5.OKOMO OIL = 8.98 PE
6. STANBIC = 9.29 PE
7. FBNH = 8.82 PE
8. OANDO = 10.06 PE

Parisfran:
There is nothing exciting in JBerger result. All I see is a strategic disclose of foreign exchange loss. Let us also observe that they refused to put a disclosure note on anything relating to foreign exchange movement both in the SCI and the OCI.

1 Gross profit fell year on year
2 Operating profit also fell year on year
3. 13 directors went home with over N500m
4. Most key management staff are not shareholders.

The most profitable thing in JBERGER for me would be to become a staff not a shareholder. Staff cost is juicy.

I don't like raining on any body's parade, but if it is 2017 FS that wants to make this stock fly, then I am waiting.
It's PE is over 8. It's price to book is 1.2. Dividend yield is like 3%.
Honestly, not an impressive result at the current price.

If the stock price goes up from current price, then congratulations to the market for proving me wrong.

I deliberately ignore Q1 result for personal reasons.

I respect peoples view, since you choose to ignore their result based on personal reason, likewise I welcome their result based on personal reason too.

They are construction company, that most of their gain come through winning and carrying out contract, if last year fail to favour them due to economic down tone, and this year favour them due to economic bounce back, is that bad?.

Their 52 weeks low was not below #23, if I may ask, do you think with the improvement in their income, that they will soon visit their 52 weeks low or to head towards high? Or are you of opinion that their earning did not improve at all?

From my observation despite their administrative sharing of fund, their worse days are over, with gradually bouncing back of economic, and award of road contract.

Yes their 2017, PE was 8+, remember that they recorded loss in 2017 q1, but started growing from other quarter, their 2018, q1 is 1.29. If their growth continue, which there is high percentage sign that it will continue, their PE will likely come down to 5+, or 4+.

Most time I always stand as a lone man, in advertising a stock, while many will secretly be taking position. Let leave matter for Mathias, I just gave maximum of 90 days period which will cover the release of 2018 q2 result.

(Pls remember to bookmark this quote)

My stock pick between now and 3 months
1. Julius berger
2. FMN
3. Honey flour
4. Zenith bank
5. Eterna.

for those asking whether the Julius berger 2018 Q1 PAT wiil be sustainable, the answer is yes.
You can as well go through the below links, to see that they will even increase more, since Nigeria capital project is seriously ongoing.
https://www.blueprint.ng/abuja-kaduna-zaria-kano-road-contract-buhari-plods-the-road-to-glory/

https://t.guardian.ng/business-services/julius-berger-hopeful-of-sustainable-growth-on-key-reforms/

http://www.punchng.com/julius-berger-eyes-oil-power-deals-in-nigeria/

You can have a look once again at their 2018, q1 result, their PAT is wonderful, over 200% growth in profit when compared with their loss in 2017, q1 .
Friends do me a favour, pls remember to always bookmark my post for future reference.

Most company that annualize their EPS usually has bad result, and want to cover up by confusing people, I see them as not been sincere.
If you have a wonderful result, you don't need to annualize.

ogedanny:
You guys laughed at my stocks picks when I shared my recommended stocks to buy here - (CCNN & BetaGlas) on May 5th - http://nigerianstockstobuy.com/top-performing-stocks-watch-2018/ - Go check the price of these stocks now and tell me if you wouldn't be in the profit zone.

All you claiming financial analyst with 10-years experience, here is my advice - your complex maths isn't 100% foolproof..they taught you DCF in MBA or whatever business school, but my simple guide keeps making money in stocks.

Your stock pick was OK, but their motor was already on a very high speed, when you recommended.
Anyway that's good work.

Also help to recommend medium term pick, like 2 to 6 months duration, based on stocks performance, like as I have done for Jberger using their 2017/ 2018 performance, Even with or without their (OCI) Other comprehensive income, based on their current PAT and the previous year PAT.

By so doing, most of us that can use our computer can do comprehensive research without sentiment.
Let set a goal, by recommending good stocks to buy, for week, and for months. I hope by so doing this our forum will serve it purpose.
The sky is to big for a bird to fly, if we use our years of experience to recommend a good stock to this forum, other stock recommendation house will copy ours for recommendation. Truly we have our individuals occupation, but we are really the field workers in NSEM.

Many has fall victims of stock recommending house.

Mpeace:
This one wey nairametrics no want post anything (including the result) since diamond bank result was released you sure say him survive the thing? Abeg who know him house go check before him kill himself.
Chai, Dozie carry our money dey do tbills. Make him no worry.

What of vetiva research that put their diamond target at #5, with buy recommendation? And some nice stock at sell recommendation.
Some of these recommendation usually drag some people inside pit.

BBFE:
Anything that will happen next week is going to be in line with market dictates.

Diamond will reverse when buyers think it has taken enough beating and not because there is one market maker or men in black somewhere.

Anyway I have try for those in Diamond motor, let God do the remaining for them.
But of the truth, the result is poor.

Stocks yet to reach their dividend qualification date, will be experiencing bull run for now, also stocks with good 2018 q1 result.
Stocks like Eterna 23 May or there about for dividend qualification date, Jberger June for dividend qualification date.
while June and July will draw near for FMN and Conoil, ahead of their dividend declaration, which always come with bull.

Agbalowomeri:
Are you sure Diamond has a MM?

They has, When Diamond, Fidelity, and FCMB were in division sub one, with Diamond at conner of bad result, with news of some of their institutional investors opting out, their MM surface.

Agbalowomeri:
The diamond gang holding us to ransom can now allow our bull to roar

Which stocks are you expecting bull on, also which ones are you expecting bear on?

BBFE:
Market making is more on paper than practice in this market.

The market makers are stockbrokers that are in business to make money. They do not have any grant or free funds to make market or defend price.

You don't think that some companies has stockbroking firm, while some has representative, also with lesser commission charged.
Have you ever asked, who are the men in black?, minus market makers some stocks will not be where they are today.
With experience from this market, I believed that Diamond bank don't joke when it come in defending their stock, let's watch, coming week will surprise you, and also add some experience to your data base.

What ate Diamond bank money in q4? Poor result indeed.

TLAX:
Trust me...by this time next month, possibly before, Diamond Bank may be trading around opening price today for the following reasons

1. There will be those too stunned to believe this is happening and will either put in more buy orders or refuse to sell
2. There are those with infinite confidence in the bank and have become emotional about the investment
3. There are those that believe the bank is one of not more than 3 that are upfront about the true state of its loan book and as such the market has already priced that in...downside is limited
4. Many will be watching the action of the core investors and undecided if a shakeout is the overarching intention
5. Some will be too focused on upside to care. The market will decide everything. Afterall, this same share was trading around 80k less than 15 months ago and did rise to N3.47 a couple of months back.
6. Finally, the X factor

The market markers will not allow their bank to suffer, don't be surprise seeing Diamond bank price ahead of Fidelity bank before this month end.
Their price might not go below 1.75 or 1.80, as far as their co competitors FCMB and Fidelity stays around 2.4 and 2.5, Diamond will stii catch up with them.
Diamond bank might touch 2 next week.

dipoolowoo:
The Diamond Bank FY2017 results did not surprise me. To me, it was expected with the unnecessary delays.

However, the woeful performance is good news. I know the stock will get better in the future and I even pray it falls to 50 or 65 kobo. At this price, the wise ones will acquire the stock in bulk at a cheap price in anticipation of the future growth.

One thing I have learnt in the stock market is that someone’s downfall is another person’s blessing.

What does vetiva research result says on Diamond bank?.
My research is always on fact not sentiment, The way I discovered Dangote flour when they started with good result, was the way I discovered Eternal, CCNN, Okomo oil, as of them no recommendations analyst recommended them, but I do recommended them as of then, today what is happening.
Jberger and FCMB has good future, because the environment has started to favour them.
PAT, PE, and EPS still remain the yardstick.

Dangoteflour has performed, but with their current price, I rate Eterna oil ahead of them.
Also Fidelity bank has performed, but I still rate FCMB ahead of them.

investman:
Guys,
Buying flour mill or honyflour which is better?

Use the money and buy Jberger and thank me on or before the next 80 days. Their 2018 Q2 result will open many peoples eyes.
Their growth in PAT is moving with speed, before people will notice from angle am seeing it, it might take a little time, but very soon.
(Bookmark my today post for future use.)

Let compared these companies
1.Okomo oil 2018 q1, #364.
2017 q1, #322
Current price #90+

2. Presco. 2018 q1, #3 (seems to be annualize)
2017 q1, #4
Current price #70+

2B. Presco. 2017 FY, #2.536 kobo
2016 FY, #2,176kobo

3. Jberger. 2018 q1, #2.23 kobo (if deduct OCI #1.13 kobo)
2017 Q1, -07 kobo
Current price #28/29

4. CCNN. 2018 Q1, 86 kobo
2017 Q1, 41 kobo
Current price #29+

5. Dangflour. 2018 q1, 31.65 kobo
2017 q1, 52.47 kobo
Current price #11 plus

Can we offer our fair price based on their performance?

Oloro29:
Qualification date 11th May
Closure date 14-18th may
Thanks

https://www.theglobeandmail.com/globe-investor/investor-education/four-dividend-dates-every-investor-needs-to-know/article19273251/
Four dividend dates every investor needs to know
John Heinzl
JOHN HEINZL
PUBLISHED JUNE 20, 2014
UPDATED MARCH 25, 2017
I recently lost a substantial dividend and I am trying to avoid the same mistake again. I purchased shares of Crescent Point Energy on May 28 and the news release from the company said that "shareholders of record on May 31" would be entitled to receive the dividend on June 16. However, I did not receive it. What did I do wrong?

Let me reassure you that you didn't "lose" anything. To understand why, you need to familiarize yourself with four key dividend dates. These dates can be confusing, especially when weekends or holidays come into play, so today I'll walk you through them.

The first date you need to know is an easy one: the declaration date. This is the date when the company announces the dividend. In Crescent Point's case, the dividend was announced on May 15.

A second date that's very straightforward is the payment date. This is the date on which the company actually sends out the cash, either to shareholders directly or to their brokerage firms. At my own discount broker, dividends often don't land in my account until one day after the payment date.

In between the declaration and payment dates, there are two other key dates to know: the ex-dividend date and the record date. These are the dates that sometimes mess with shareholders' heads.

Let's deal with the record date first. This is the date that you have to officially own the shares in order to receive the dividend. But be careful: If you buy the stock on the record date, you'll be too late. That's because it takes three business days for a trade to settle – that is, for the cash and shares to actually change hands. So, to be entitled to the next dividend, you would have to buy your shares at least three business days before the record date (and the record date itself would also have to be a business day).

What happens if you buy the stock two business days before the record date, you ask? Well, you would not be entitled to the next dividend. That's why this date is called the ex-dividend date – "ex" meaning without.

When you buy a stock on the ex-dividend date, it might seem as if you're losing out, but you aren't. Here's why: The price of the shares – all else being equal – will adjust to reflect the fact that investors who buy on this date (or later) won't receive the payment. In effect, you get to buy the shares at a discount as compensation for not receiving the next dividend.

In a similar vein, buying the stock the day before the ex-dividend date doesn't make you any better off; you get the dividend, but the stock will cost you more than if you'd waited until the next day – again, all else being equal.

Now, it's important to understand that when a stock goes ex-dividend its price doesn't necessarily fall by the exact value of the dividend. In fact, the stock could even rise, because prices are subject to all sorts of forces on any given day. Crescent Point's monthly dividend is 23 cents, but on the ex-dividend date the stock fell by 41 cents.

Now to the question of why you didn't receive the dividend. At first glance, it seems as if you should have. After all, you placed your order on May 28, three days before the record date of May 31.

But if you check the calendar, you'll see that May 31 was a Saturday – a non-business day. As a result, the trade you placed on May 28, a Wednesday, didn't settle until three business days later on Monday, June 2 – after the record date had already passed. You would have had to purchase the stock on May 27 to get the dividend; you placed your order on May 28, which was the ex-dividend date.

It's worth repeating that buying before the ex-dividend date doesn't make you richer, and buying on or after the ex-dividend date doesn't make you poorer. If that were the case, everyone would buy stocks just in time to pocket the dividend, then quickly sell them and move on to the next opportunity. Unfortunately, no such free lunch exists.

Still, it's important to understand the various dividend dates to save yourself from unnecessary stress when a dividend you thought you had coming doesn't arrive.

locodemy:
This is making the third time oga wanaj0 is telling you that JB profit is not sustainable.Dont hold a significant holdings here.Take some to zenith and some to JB if still in the mood.

Time will tell, with situation at hand, I strongly believed that it's sustainable, their q2 will speak more for them.
They are one of the stock to watch.
This is how I started advertising northern movement of Dangoteflour at sub #4, Eternal at sub #3, CCNN, Okomo oil etc.
And it come to pass, I don't have much interest in them, but all I know is that the stock has wake up with full force goes by their EPS,
even when one deducted (OCI) other comprehensive income for the year, their EPS after tax still remain over 100% growth compared with their 2017, q1.
I see them heading to northern pole soon, with massive movement after 2018 q2 result. I base my research and my findings, based on fact on the ground, not sentiment.
Go once again, through their 2017 final, and their q1 2018 result. That shows that government has start to favour them with contract, and they are moving.
Their growth in PAT, q1 2018 was above 100% compared with 2017 q1 .

currentprice:
my brother, i hope you discounted other comprehensive income to arrive at the eps

i have 1.13 eps as against 2.23 reported Q1

they have done well to return to profitability from loss of previous year.

based on numbers only,, i have N18 fair price for their Audited report of 2017 but N45 fair value for their Q1 on the believe the Q1 trend will continue

Q2 will gives more clue

Julius Berger has 2018 q1 result as;
PAT 1,491.449
Other Comprehensive Income For The Year. (From)
Exchange difference on transaction of foreign operations 1,457.129
Total comprehensive income for the year = 2,948.578
Which gave EPS of #2.23

If OCI form part of their EPS, then it's their earning which is not yet realized but when realized , it will be moved, to joined PBT.
https://www.accountingtools.com/articles/what-is-other-comprehensive-income.html

phemmie06:
The bull might continue, but can there be a major reversal to 20 or 22 before the rally continue?

2018 Q1 EPS 86 kobo

TLAX:
Amen. May God protect her wherever she is now.

Amen, also bring her back home.

fopishow:
Sir, what is JB fair price?

#60, based on their current performance, especially their 2018 Q1 EPS
They were at #50+ price, as of 30th June, 2016, even when they recorded minus 0.07 loss in 2016 q1 EPS against 0.81 EPS in 2015 Q1.
Their price as of 2014 was above #60.
From recent result, it shows that they will sustain their earning, most especially now government is seeking point for election, and award of contract is serious ongoing.

valacious:
Hi mate, any update on your child? It sends shivers down my spine when I remember what happened.
God strengthen your family.

Still in search of her, and believing God that I will see her.

DaV8King:
CCNN ehhhh.............it's really wanting to show it is severely undervalued.

Even at N27.03 full bid price, there is still a 50% upside before it reaches WAPCO.

As for dragging with Dangcem, never say never but for now it's unlikely.

And vetiva research still put them CCNN and JBERGER on sell recommendation side.
But I choose not to agree with them, their current EPS is superb.