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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:13pm On Nov 26
Mpeace:
Lol, you and this your transcorp. I know how much I have made from vitafoam(price appreciation) and wapco(dividend and price appreciation) since you started calling transcorp. Hope you are really making money from this NSE or is just averaging down and down

chai!! see olumo rock on Loco

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:03pm On Nov 26
EKUU MKT o

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 12:00pm On Nov 23
Ekuu Mkt o

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 5:37pm On Nov 18
currentprice:


wow! at last

vitafoam has tried from less than 3. anyway it could cross 20 sha

penny that turns to money bag cheesy

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just review vitaform on my bedsheet, Hmmmm i can see this company will go places... Fp has increase tremendously, price will likely rise more grin

with CP according to my bedsheet vitaform is the 3rd cheapest stock on exchange right now.

Lol.... dont ask me the first and 2nd o. cos it all over there staring at us hotly grin
will reveal at approprate time let enjoy coming rain with peace

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:04pm On Nov 18
yMcy56:

Ok thanks CP.

Vitafoam obeyed the 20 call today.
You tried.

wow! at last

vitafoam has tried from less than 3. anyway it could cross 20 sha

penny that turns to money bag cheesy

grin grin

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:57pm On Nov 18
yMcy56:
GTCo
Closed @26.10!!!!!!!
Now selling below the 52weeks low........What could be wrong here?
Anyone with hint? Chart??


nothing wrong. i think it about time to rain.

rain doesn't fall on one person, it fall on everyone grin

as a leader GTCo is just given out d warning signal for those who have ears

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4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:51pm On Nov 18
Ekuu mkt o

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 5:31pm On Nov 11
DrAwo:


A less stressful, easier but imperfect way that I do it is to just deduct CapEx from the "Net cash generated from operations" in the cash flow statement as amortisation, depreciation and changes in working capital have all been added back or accounted for in this figure...


I think If you are looking for PURE cashflows from operations the stressful one is the deal

Net cash generated from operation includes other items like ""interest paid , interest receive, tax paid, provisions payment, employment benefit, change in derivatives, share of profit from associate and so on""

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:42am On Nov 11
Teeonly:



Please, what is the (Your) formula for FCF ( Free Cash Flow). I think I am confused now?

I asked because from my own calculation on MTN, I got minus 20Billion .

PAT + Depreciation/Amortisation +/- working capital changes

then deduct Capital expenditure from the the number to arrive at ur FCF

Reference Dr. abraham from SMN

you can as well read everything about the FCF on the internet, there are many ways to arrive at the number and go for the one that fit ur other metrics


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3 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 5:09pm On Nov 10
interesting to read the discussion on MTN, I only checked Mtn report d year it was listed.... wasn't happy the way the company cheated future shareholder with 2kobo nominal value jacking up 407m share to 20,350B share for the benefit of the existing holders embarassed

going through Q3 report. i see the concern about the debt....too much but this shouldn't pose much problem because the company is making good operating profit that can take care of it

The company make a return to the equity capital of 118% as at Q3, d last time I saw this was from Nestle and during good days of CAPL

I have FCF less than 100b from my end against 300 plus reported

based on my bedsheet opinion MTN fp stand at 230

note; price can go above the fp to their target price but for me and my household we cant buy Mtn at cp except more improvement Q4 reported


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5 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:56pm On Nov 10
ekuuu mkt o

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:54pm On Nov 02
Ekuu mkt o

ekuu about to rain grin


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2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:00pm On Oct 29
currentprice:

not surprise to see this company pay interim N1 dividend . the sign was there as at Q2 there cash per/share was N2.8 vs Eps N1.76
thatz d power of oxygen


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carverton also show a good sign of oxygen at Q2 around N1 vs eps 23k but other indices not looking good imagine roe of 3.4

waiting to see Q3 sha

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:51pm On Oct 29
yMcy56:
@Curentprice


WAPCO - INTERIM DIV OF N1.00!!! shocked shocked
https://doclib.ngxgroup.com/Financial_NewsDocs/34404_LAFARGE_AFRICA_PLC%20CORPORATE_ACTIONS_ANNOUNCEMENT_COR.pdf


not surprise to see this company pay interim N1 dividend . the sign was there as at Q2 there cash per/share was N2.8 vs Eps N1.76

thatz d power of oxygen


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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:37pm On Oct 29
naturalflow:
Cp how do you rate the flourmill result?we know there is oxygen,but is this oxygen enough to propel it?

little or no O2 seen on my bedsheet bro. they can only pay 25k without their operation being affected if they are to pay dividend based on the report...Fp stand N35 on my bedsheet. though improvement seen on this Q2 when compare to Q1 but they need to do more better . based on Q3 it one of d stock that need speculation or general bull to move to destination

it my own opinion pls

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2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:19pm On Oct 29
Ekuu Q3 report weekend o

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:27pm On Oct 28
Marketapprentic:
.

Hmmmmm! Transcorp. Something that may
soon still return to sub 1 next month grin.

bedsheed predicted this last nite that mkt may not see any surprise on d data release, if any it an awaiting opportunity to bail out some bail out 2day cheesy

it will be very difficult for transcorp price to move to the FP based on d report except for speculation or general bull sha

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3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:20pm On Oct 28
EKUU MKT O

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:24am On Oct 28
emmanuelewumi:



Very possible for earnings to be padded through creative accounting, better to look out for the free cash flow of the business

yeah.... thank u

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:21am On Oct 28
sonofElElyon:


I get you now.. but don't you think that earnings could be good enough for loan repayment in tranches and they would still have enough left to reward shareholders?
Q3 eps was fantastic.. Q4 could even be better

Earnings is cool but may be non-cash accounting income and could be easily manipulated but cash can not

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4 Likes 2 Shares

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 9:22am On Oct 28
sonofElElyon:


In Q3 alone (July to Sept), they had 9.66 kobo eps which is more than half of the 17.57k eps for the total 9 month period (Jan to Sept).

Eps is different from what I call O2 bro, oxygen is the pure cash from operations also diff from d one reported on cash flow stmt o. transcorp O2 at H1 was 20k but 8k at Q3. thatz y i said if the trend continue at the last Q they will find it difficult to reward the shareholder with dividend at year end except they plan to borrow to pay.

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4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:31pm On Oct 27
https://doclib.ngxgroup.com/Financial_NewsDocs/34366_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_3_%20_.pdf

Salvationone:


Boss, what is your bedsheets saying about transcorp

Marketapprentic:


Thank you very much BOSS. It will still be good if you touchlight on the FP cuz you be Oracle for that side grin

I have N1.77 FP on my bedsheet bro, some improvement seen on d report especially the ROE good sign but in my own opinion if transcorp move above 1.80, it will be base on speculation not cos of this report. moving the price go beyond the 5.8 PE , 0.56 PBV reported.

Transcorp failed to build on the good Q2 O2 means transcorp will struggle to pay dividend at year end if this trend continue at d last Q of d year. Non controlling interest gang will always be winner here

for me I don't see any much surprise in the market for this stock. if there is any it an awaiting opportunity to bail out

Fingers crossed

Cc Loco , Peter & co

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:33pm On Oct 27
locodemy:


Boss good as you never open self.
You will be stunned at last oooo.

I hope so

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:28pm On Oct 27
Salvationone:


Boss, what is your bedsheets saying about transcorp

i haven't check this yet. i day fear to open to see too much debt.

I will try to run it tonite when i eat and have my drink beside cheesy

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:21pm On Oct 27
currentprice:
CSCS is truely managed well compare to nxgroup.

the efficiency ratio is higher but it currently trading at nearly fp @ 19.9 with more room to move N25

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nxgroup still have the higher fp on bedsheet. may be cos of d outstanding share 5b vs 1.9b

waiting to see ngxgroup Q3

fingers crossed

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:17pm On Oct 27
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:14pm On Oct 27
CSCS is truely managed well compare to nxgroup.

the efficiency ratio is higher but it currently trading at nearly fp @ 19.9 with more room to move N25

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:07pm On Oct 27

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:04pm On Oct 27
EKUU Q3 week o

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:49pm On Oct 19
emmanuelewumi:


Additional shares allocations are in the pipeline

Unlike CSCS that has investments in bonds, got about 3 billion coupon from their Investments in bonds last year.

NGX was managed like civil service in the past, I hope this will end with the list of the companies. The surpluses were shared by management, council members and workers.

It was a not for profit organization in the past


NGX will get to N25 and above because of the current euphoria, after that it will crash before it will start growing.

NGX also have about 22b investment securities and other associates as at 2020 financial year

i will like to see cscs data

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1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:22pm On Oct 19
emmanuelewumi:



Check the annual report and their performance in the last 5 years. It was managed like civil service. They have huge liabilities for unfunded severance package and gratuity for their workers.

Consider expected shares that is planned to be allocated to their workers which will cause shareholding dilution.

CSCS is a better managed business

I bought NGX at an average price of N17 on NASD, I will sell 90% of my holdings if it can get to N24

It appears NGX shareholders will be Investing to fund the lifestyle of NGX workers, I hope things will be better in the next 3 to 5 years

my calculation was based on 1.96B outstanding share. haven't factor in the plan share they wanted to allocate for the worker, such dilution will make my fp incorrect. Total liabilities as at 2020 Audit report was around 3,8b including payable and other liabilities, the earning plus dep. was around 2.4b. so liab. can be pay off with their earnings within 2 years.

5 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:45am On Oct 19
emmanuelewumi:



Which stock are you talking from

NGX group

cheesy

1 Like

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