Details of his journey

https://punchng.com/rejected-stone-disowned-for-refusing-to-study-medicine-abuja-man-turns-celebrity-carpenter/?amp

BuchyD:
Mr Ding!... Where art thou?

Lol..no be only me😁😂

essentialone:
Anyone on this platform still complaining about Meristem stockbrokers deserve to be flogged. Lol

But seriously, their matter has been over emphasized already. Do as I did. Sell off all the stocks you have with them. Jump out of their helicopter now before it crash lands in California

KarlTom:
Ding!

Lol😁

KarlTom:
Oya naa

missed ur usual "Ding!" by 10.00-10:05am precisely ..
Funny you

aj8:
Common sense target for Veritas Kapital Assurance is N1.20. Good buy at current price of 0.55.

0.31 x 4 =1.24

Target Range N1.24-N1.55

Better still if they pay a dividend of 5-7 k in which case could target upper range.


Please do your DD.

Even with RED across board, EPS is King. Stocks hardly fall below EPS x 4. That’s the beauty of the strategy. Any one significantly below that is a BUY. Just Common Sense.

Kudus to you.
Is the 0.31 Eps not for the group.
I suppose 0.2 Eps is for the Insurance subsidiary.
Please enlighten further.

hmm

unite4real:


The things wey you suppose check for this kind company be these:

1. check the current share price for market
2. check the number of outstanding shares currently
3. check the total asset wey them get
4. check the total liability wey them get
5. remove the liability from the asset and see wetin e be
6. If na negative just run far away
7. if na positive, check how much each unit go dey entitled to if the company wan close shop forever, by dividing the figure by the number of outstanding shares
8. if the thing wey you get big pass the current share price by 2 times and above, e mean say the company cover you wella

Ellah lakes get plenty big lands and machineries wey cost well well. the lands value dey go up every year

their liability dey very small compare to asset

total shareholders' equity last time wey me i check na almost N20 Billion naira and the outstanding shares na 3Billion units

so if you divide this figures, the money wey each share holder go get per unit still big pass the share price.

every year the value of their land dey go up.

Na investors wey get corner corner eyes dey look am like this.

Abeg make u do ur own DD ooooooo

Word

veecovee:

Pls how do I transfer my stock to broker that can loan me with the stocks as collateral, how long can it take?

I believe u will need to fill a share transfer form from your chosen new broker..
Others can add.

As Oga Emma has previously said before..
Also, the kind of stocks you have in ur Portfolio that qualifies you for a loan is different for each broker.

If u got more unacceptable stocks, or less volume of acceptable stocks for desired loan amount, u may not get the required loan..

Look before you Leap Sir.

BullBearMkt:

lol!
...with fibonacci retracement at 25 Fib level of the month, there are 6 more days to the New Year when demand for chickens will be higher than supply. Hence, need to be a bit patient. To buy chicken at bargain price, look towards the new year when 20/23 moving average will be lower than 20/24 EMA.

Merry Christmas to you all!

PLAN YOUR TRADES AND TRADE YOUR PLANS

😁...
Merry Xmas to our Very own TA

unite4real:
Christmas day is over 70% gone.

This is the best time to buy chickens at a reduced entry price.

Bargain hunters take note.

Due diligence pls

DD noted..
😁...Merry Xmas...

Mpeace:
My broda, you cannot be too sure. the market has a mind of its own oh. No one can predict. Lets just wait for TA people to tell us what the charts are saying about xmas chicken. Lol

😂 haha....Merry Xmas

YUP!!
ABC TRANSPORT Locations
ACROSS BOARD

sboga:


See am quoting 2006 as if himself was around …anyone fit check dat out and make predictions.


Hin wan prove na veteran hin b

See when he made the initial prediction and the analysis involved(July)
Almost 6Months Ago.

emmanuelewumi:





Based on the latest market update sent to me by United Capital the average

Price Book ratio on NGX is 2.2

Average Price Earning ratio is 11.1


Based on Graham's model, at a price book ratio of 2.2 the average return on equity should be 16%.

Based on an average return on equity of 16% the justified average Price Earning ratio on NGX should be 13.75.


With the current average PE of 11.1 the ASI will need to increase by 24% to have an average Price Earning ratio of 13.75 or ASI of 78,000.

Considering the current yield in the bond market, the expected increase of 24% will be discounted to 20.5% by using the average yield on a 10 year bond and the current yield on a 10 year bond.

So we should be looking at ASI of 75,000 for the NGX to actualize its intrinsic value.






I will advise people to look into stocks whose unleveraged return on equity is more than 16% although 20% and above is preferable and currently have a Price Earning ratio of 12 and below.




My opinion though.



Please do your due diligence

Hogwarthtrades:


per usual. No free lunch anymore, more revenue generation for NGX => trickle down to value for NGXgroup shareholders ... so long as brokerage fee result in reasonable dividend for shares held (e.g if united capital,stanbic,etc increase brokerage fee, so long as it trickles down to shaeholders fund and to certain extent dividend), we'll be alright.

Hmm..spot on.
The cycle shld have to go round.
Whats good for geese==good also for gandar

Increase in brokerage charges looming..

JoeClefAuthor
iLegendd:

Try to avoid using suicide as a marketing strategy for traffic, no matter how objective your product or services are.

JoeClefAuthor
iLegendd:

We've heard the "WARNing".
Patiently waiting for when you will "Commit Suicide"

yak:
Please, I would like anyone to explain the difference between balanced fund and equity fund.
I have some funds in balanced fund(United Capital), the fund is doing well but I'm becoming greedy

Here

emmasoft:


Mutual funds generally are pull of funds from individuals and corporate bodies managed by a professional called the fund manager.

There are different mutual funds which are mostly named based in the underlying asset.

Equity funds as the name implies have the underlying assets as shares of quoted companies, which means the money invested by investors who subscribed to Equity fund is solely invested in shares hence they belong to the High-risk type of mutual funds. The value fluctuates according to the prices of equities. If the stock market is doing well, the fund does the same, and vice versa.
Investors can lose their capital and gains in Equity funds. There is nothing guaranteed.

On the other hand balance funds have underlying assets divided into various instruments like equities, real estate, and money market instruments, that is how it derives the name balance. The fund managers tend to balance up the assets with different instruments with some low-risk, medium, and high-risk instruments

The reason most balance funds are doing well generally this year is that there has been a long bullish run in the equity market this year and at the same time rates are increasing because of inflation rates in the money market and fixed-income instruments.

For all investments, balance fund inclusive follow your investment objectives so that you will not be greedy or fearful.

The least risky of them all is the money market fund.

sheDD:
were u able to resolve this??

What is changed in wjataapo pattern

Put the whatsapp registered sim in another phone..
-Redo the process.
Choose SMS OTP not phone call worked for me.

yMcy56:


During the CCNN (that was merged with BUA), there were excess offers @18 and below, even until the last minute of suspension. Those that were lucky not to get sales for their holdings would thank their stars thereafter. Lol.
Not saying it's the same scenario oooo, but what if it's similar? What if it is not? .......May God help me with all these my posts.

It is well with you..Ride on Ma
DD always........

60k!!

MMM- Mecure Manipulation Movement

ositadima1:


At present, Mecure has stocks worth 3.5 million naira (320,853 units) available. The manipulation has not yet ceased, you can purchase the stocks now and be assured of a minimum return of 700,000 naira by the middle of next week.

Winch

NL1960:


If we drop it in this December period, what are we going to use to buy rice and chicken or travel to the village?.

..

OBAGADAFFI:


That Flour Mills pays more dividend than NNFM, FMN is more profitables.

NNFM price movment might be due OS .

True sha..
But FMN is too stagnant joor
as per parent company.

OBAGADAFFI:


Flour-Mills has more products than NNFM.

Yeah a poiny for them..but it all drowns in cost of production of those products..
If you get Revenue/product cost

Still boils down Location of plants, cheap labour, demand for products, easy access to raw marerials and distribution logistics.. for reduced production cost

OBAGADAFFI:


Hope you know that, Flour- Mills is owner of NNFM and Honeywells.

He probably knows...
Hence he said "Nobi to get subsidiary full everywhere..........."

But i think NNFM is significantly autonomous in its Operations from parent company..
Also Location, cost of labour and demand affects returns in the long run...NNFM seem more strategically located than Floor Mills..
I am even assuming NNFM even earn cheap foreign exchange indirectly through our porous borders than Floor Mills..

Toluway:
Now Open | MTN Nigeria Communications PLC Up to N72,104,154,000 Series 10 Commercial Paper Issuance

MTN too like Commercial Paper issuance..
Telecom Investment is realy capital intensive.

FROM GT TO JAIZ

https://guardian.ng/news/jaiz-bank-appoints-former-gtbank-executive-musa-md-ceo/

Bank Capitalization!!

https://businessday.ng/news/article/cbn-directs-banks-to-increase-capital/


https://leadership.ng/breaking-cbn-to-increase-capital-base-of-banks/

https://moneycentral.com.ng/markets/article/nigerian-banks-to-undergo-new-recapitalisation-exercise-cardoso/