₦airaland Forum

look like another round of oyel buying opportunity is here again touching the yesterday levels at d moment.

crude oil inventories data is on BUY side as well

eyeing to buy again with SL below the levels

cc inforfirst
cc longlife

pluto09:
The eps na 2kobo or 2 naira

he for better if it 2k na. i think is less than half kobo similar to livestock eps

0.024k

leo1234:
Currentprice what is the FP of dang suga based on q3?

bro i have N12.10 .

flat result compare to d previous quarter. though rise in cash valuation which was what i follow come here but was expecting them to make a better use of d cash to improve earnings .

DS is one of d two stock in my portfolio. am still in profit but may plan offloading to load more better stock with improve earnings plus good oxygen

we are in planting season, take position on fundamental better stock that can move to fairprice and above when the bull visit

Happy birthday oga OGG

LLNP

valentinenwoko:
Messers Current Price , BullBearMkt, Agba,
Value investor:
Good evening.
Following the release of result by CONOIL Q3 2019.
Comments, fair price, buy/ hold/ sell recommendation.

eziokwunwoko:
Goodmorning Mr CurrentPrice, Please i am waitig for your reply

based on d Q3 conoil fair price according to my bedsheet is N24

FO still better until Q3 release

patient is the key in this business. over five days i have been on d sideline watching...

my chart telling me oyel is bullish but it too far from my buying levels. buying immediately mean i would be risking too much SL cos i have to put my SL below the LEVELS ^54.87 though i expecting pullback to my levels before the real bullish continuation.

someone would hav expect me to SELL to that levels i wanted to buy from. it not always like that. price might continues moving higher. better to miss trade than being too smart for the mkt

few hours of trading 100pips is bank already as shown chart below

currentprice:
VAPu-_2 picked

oyel bought with 100 PIPS SL

VAPu plus patience is d way

incase u want to join look for pullback to this areas

VAPu-_2 picked

oyel bought with 100 PIPS SL

^
^^

now it has come to my waiting levels after several days of moving up.

time to strike. atleast i have better SL from here

patient is d key

Cc inforfirst ,
Cc lomglife

currentprice:
oil is bullish now

i am patiently eyeing to buy @ dis levels

^
^^
post and chart made on 24th



Cc inforfirst
VV
V

http://www.nse.com.ng/Financial_NewsDocs/27971_RED_STAR_EXPRESS_PLC_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

http://www.nse.com.ng/Financial_NewsDocs/27967_OANDO_PLC_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

PharmAlfred:
http://www.nse.com.ng/Financial_NewsDocs/27965_LIVESTOCK_FEEDS_PLC._FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

These guys are out of the woods.

if one doesnt recalculate what these pple reported you will think livestock declared 32kobo EPS the eps is 0.0032k

improvement seen on the WAPCO numbers but not as expected, larger part of d earnings comes from proceed from discontinued operation

continue operation eps N1.28

discountined operation N7.46

wapco is selling slightly above it fairprice at the moment but i expect the price to move to N22 soon based on it latest healthy balance sheet.

fairprice base on cash valuation is above N20

cash is oxygen. those who knows dont joke with such company. it a plus for wapco right now

while checking my bedsheet "Banking still have d best numbers so far" leading by UBA in my own opinion o

so Mr Bull may likely start from banking sector

bargain hunter take note

EKUU MKT o

EKUU BULList week o

very likely we will see BULL this week

fingers crossed

the more Access move up in price the more potential uba buyer below N6 should be happy. nothing do d stock

onegentleguy:
But ur FVE for both coys says it all !!
U can relate that to the part in bold from my revert above.
That said, I still see a higher headroom for VALUE in ACCESS than UBA going into YE.

We will see how things will eventually pan out.

Cheers.

with access merger as bigger bank. buying UBA at curent mkt price of 5.85 will still give more % gain than Access at 7.3 should both move to their respective fp

UBA roe, bv, peg , solvency ratio among others even better than that of ACcess

in my own opinion UBA is still hav d better numbers base on Q3

UBA FP 22.5
Access fp 24.9

let wait for their final Audit report

fingers crossed

onegentleguy:
...with due respect, that part in bold is tantamount to throwing a heavy stone.

But it is well !!

na joke o

it is well

onegentleguy:
That's cool then !!

yes brov

my opinion is not solely based on eps and pe as u always mention. thatz not so. i can tell u before i arrive at my FP or rate any compay i use more than 15 KEY fundamental variants to form my opinion plus seeking opinion from d bosses ^{but not that good in expressing d opinion with a long post sha}

onegentleguy:
I understand ur concern, but don't use only that to adjudge matters.
Like I've said in times past, its ALWAYS best to use a combination of several KEY fundamental variants to better guage VALUE !!
When u do that, u'll see that ACCESS rates slightly better than UBA.
There is a reason why the former has a better ACCRUALS RATIO than the latter.

Both coys are a strong BUY though.

not using only eps to form my opinion bro. but O/S included in all my analysis in arriving at my opinion so wrong O/S will not do good to my analysis

^
^^
the reason i use to rank UBA above ACcess was d above concern.

eps reported after merger use to be over stated though they might say it cos of treasury share bla bla but why using the whole 35b as equity capital

onegentleguy:
It should be the one in bold my dear.
I think the mix up may likely be the result of the recent merger with DIAMOND bank and the 2 for 7 script distribution that came with it.
To be on the safer side, I'll advise u work with the figure in bold, until there's more clarity. I also did the same.

Cheers.

35,545,226 is what i have been using. according to their report released it was 35,545,226 also

but 2.79 EPS was reported. they use 32,21,0461 as O/S which make the eps look higher against 2.52 if they use the 35b

can some one confirm ACCESS O/S pls

i have 35,545,226 but they keep using 32,210,461

this increase the EPS from 2.52 to 2.78

treasury shares not up to 3.3b

same thing happen last Q.

somebody pls break it down to my level to avoid keeping wrong O/S on my bedsheet

mendes911:
That junction was based on Q2 ooooo. With Q3 result, CP fit don adjust junction go ₦7.

Abeg how much did Diego pay for these shares again? Na ₦155 right?

correct

locodemy:
Good one.OS is the problem here.

it look like annualized Eps

will check d numbers later

infofirst:
Boss MI. As price tried to visit 56.3* first... I decided to sell at 56.24... Eyeing to run out at 55.00 if we get there. Any update

u may be lucky but i wouldn't try that at my side for now. prefer to buy instead..

http://www.nse.com.ng/Financial_NewsDocs/27899_MOBIL_OIL_NIG_PLC._FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

infofirst:
Boss MI... What's your Vapu saying for oil... Am waiting for some drop to 54.85 - 54.75... My pending buy at 54.85 thou.....

oil is bullish now

i am patiently eyeing to buy @ dis levels

infofirst:
@meshpips @teamVap
I missed you too. I hope you are enjoying your football bet too. This is my last announcement on the #200, 000 I told you to come and trade for me. DM now.

he dey with us at the other side hunting for next ....



VV
V

daddytime:
Gurus in the house, I've got some 300k to play around with. What stocks should I look at with a guidance from you guys. I'm a neophyte and oldskool na under bed we dey hide money...

meshpips:
Contact me, I will tell you where to buy the New Zealand Dollar and hold for a very decent profit.

@ mendes its about time o, if u know u know