₦airaland Forum

Where is Mercy

onegentleguy:
Bought more GSK for some of the portfolios I manage today.
Pray it comes down even more tomorrow, so I can load much more! ...hope its T.A mechanics helps on that line.
The lower it can drop, the higher my chance of making massive risk-free return.

I can not come and go and kill myself for nothing.
I love the melody/game that's been played in the coy.

It is well.

Boss you too like this stock, I learnt many things from you many months ago when you made post on this stock as stock to buy for capital appreciation . I agree GSK have a very good balance sheet if not the best which I see as a subject of attraction for acquisition/merger in future but this clean balance sheet may not be enough to move the stock to your 15 or above destination for now until they started using the balance sheet to turn out more earnings or on the acquisition news

as at Q3 they have nothing as FCFE... meaning they will struggling to pay dividend at year end or pay from retained earnings as they did in the past.

I will keep monitor the stock to consider should the earnings improve base on the recent Omicron antibody approval for the company

I still prefer Fidson for now, though fidson have much debt but am not bother with their operating earnings with the growth rate

Ekuu Mkt o

rain go fall here tomorrow

https://doclib.ngxgroup.com/Financial_NewsDocs/34663_FBN_HOLDINGS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR_.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/34659_ECOBANK_TRANSNATIONAL_INCORPORATED%20Q32021_CORPORATE_AC.pdf

Ekuu Mkt o

EKUU Friday mkt o

eziokwunwoko:
Sir what is your fair value price for UPDCREIT.
Please i need your reply

UPDXREIT is a bad market on my bedsheet bro

fv showing below cp @ 3.40

many metrics are not even pointing green flag. red flag more than the green .

it my own opinion bro, some might even see it juicy when they compare the earnings with total liabilities

eziokwunwoko:
Sir what is your fair value price for UPDCREIT.
Please i need your reply

kindly post their latest report here

Thanks

Ekuu Mkt o

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

EKUU MKT o

Ekuu Mkt o

currentprice:
wow! at last

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

penny that turns to money bag

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

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

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

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

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

Ekuu mkt o

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""

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

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

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

ekuuu mkt o

Ekuu mkt o

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

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

yMcy56:
@Curentprice


WAPCO - INTERIM DIV OF N1.00!!!
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

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}}

Ekuu Q3 report weekend o

Marketapprentic:
.

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

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}

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

EKUU MKT O

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

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

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.

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

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