₦airaland Forum

yMcy56:
Thanks for posting this article..
It's a well known fact that CAP is much bigger than BERGER and MEYER if looking at comparison but there are other efficiency areas of MEYER that makes it stood out and position it as a growth stock......

It's just like comparing UBA to WEMA for instance, UBA may be a big player, but WEMA is also upcoming and we could see how it was playing catch-up in some areas too....

Excerpt from Business Day article posted...
Dipo una well done...
Long time 😊

Raider76:
FIRSTHOLDCO will shoot up like a growth stock once the current management sort all the problems of the NPLs of the past. I quote the following from the Nairametrics report;

"The profit decline can primarily be attributed to impairment charges for losses, particularly loans and advances to customers, amounting to N710 billion."

We all know of at least 2 major battles in court the bank is fighting to recover money from debtors who are trying to run away with billions of dollars they took from the bank in its yahoo days. Many banks would have collapsed under the weight of such NPLs. Imagine if all such loans were recovered. I will be surprised if the SP of FIRSTHOLDCO dips much after tomorrow.

yMcy56:
I expect the result of CWG to be celebrated here but see the kind way you praised them with bad mouth 😺 🤔
If someone should follow some of the comments here, such will end up missing positioning in good stocks 😊

Small time, we'll wonder how the companies with little or no revenues are doing well on the exchange compared to solid ones...

Meanwhile, CWG has performed excellently well, no wonder the share price keeps going up steadily.....

I'll wait for analysis of the analysts outside this forum...

@ Currentprice, compliment Sir......
We needed the new fair price of this stock pls....thanks sir..🎉🙌

https://doclib.ngxgroup.com/Financial_NewsDocs/45933_CWG_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JANUARY_2026.pdf

debeey87:
Cwg
Eps - 3.20 Naira
https://doclib.ngxgroup.com/Financial_NewsDocs/45933_CWG_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JANUARY_2026.pdf

debeey87:
They have always been good but stingy with dividends

bolton08:
So Oando is a failure tool to you. Your eye go clear soon.

Zagee:
https://punchng.com/stop-condemning-nigeria-oando-ceo-tells-citizens/

Show us it works with OANDO first bros.

EDUECO
post=138313997:
There is big sign of poor or corrupt management.

SonofElElyonRet:
Nairametrics - BREAKING! FirstHoldco full year unaudited results decline 71% to N229 billion
Otedola go still dump first bank shares as he did geregu, forte etc
Not financial advice

emmanuelewumi:
And about N2 billion from the export of agricultural products

Bonjovi13:
Ultimately it will do well
I'm in long term

Bonjovi13:
I have UBA
What's the issue with FirstHoldco?
I think people should wait till March after the recap is done

Panadee:
It's really difficult to remember the last time Caverton made profit in a business year.

emmanuelewumi:
They just started with the exportation of agricultural products to Europe.


If they can achieve the revenue target of N300 in 2029, I see no reason why it won't get to N400 per share in the next 4 years or less

GeeKudi:
So, maybe the next NAHCO is NAHCO itself?

emmanuelewumi:
The beauty of the stock is that CAPEX is very low and yet earning increased by 50% and earning conversion to cash of 94%.


Free Cash Flow at about N17 billion and Profit after Tax at about N18 billion

emmanuelewumi:
Summary of Nahco result for 2025


Revenue N65.2 billion
Gross profit N38.6 billion

Operating profit N24.8 billion

Earnings Before Interest and Taxes N26.4 billion

Profit after tax N18 billion

Market Capitalization N238 billion

Enterprise Value N233 billion

Stock price N120

Equity N26.5 billion

Debt N6.1 billion

Cash N11.2 billion

Capital expenses N1.3 billion

Capital employed N31.3 billion

Total Asset N53.9 billion

Net Operating cash flow N17.7 billion

Free Cash Flow N16.4 billion

Return on Equity 68%

Return on Capital Employed 85%

Cash Flow Return on Investment 56.5%

Gross Profit/Total Asset 71.6%


Working Capital N7.3 billion

Net profit margin 27.6%

Operating Profit margin 38%

EBIT margin 40.5%

Gross margin 59%

Operating cash flow margin 27%

Free Cash Flow margin 25%

Capex/Sales 2%

Capex/OCF 7.5%

Price Earning ratio 13.2

EV/EBIT 8.9

zendi:
Pastor still possible, yes, as volunteer missionary work.

Classroom teacher ruled out.....how much they go pay me?

Unless na Elon Musk private school, wey go pay in dollars.

unite4real:
the best part of this report is that they are holding around N197 Million cash.

the income statement an apology. not even flat result but under waters

https://doclib.ngxgroup.com/Financial_NewsDocs/45876_EUNISELL_INTERLINKED_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JANUARY_2026.pdf

ppogba:
Maybe they want to acquire CNN.

OR

Maybe someone is using pumping machine on the stock.

I no talk anything o.

PuristForest:
is there any news on daarcom...somthing is happening in that chart....

Agbalowomeri:
@Zendi come and see the GenZs

Agbalowomeri:
.

unite4real:
Here are the values below which still put Meyer way behind them.

MEYER.
PE RATIO 17.27X
EV/EBIT is 19X


BERGER P.
PE RATIO 11.72X
EV/EBIT. 7.1X


CAP.
PE RATIO 10.58X
EV/EBIT 6.6X

unite4real:
CBN supposed to share in the forex loss since they shared in the gain last time

emmanuelewumi:
Just trying to say the stock with the lowest PE might have the highest EV/EBIT, due to high debt and little cash