₦airaland Forum

tritritri:
Almost d same position as dangflour..@currentprice help me analyse d result. almost 48% difference from 2017.

not a good result. in my own opinion FM may likely fall more from the currentprice.

on my bedsheet, i have fairprice of N13

the good thing i see about this result is the company have positive Free cash from equity, ^{"others company in same category lack this"} which if proper use can increase their Q3 earnings

FCFE per share is 5 times the EPS reported. good oxygen for them

and MayBaker result
http://www.nse.com.ng/Financial_NewsDocs/24057_MAY_AND_BAKER_-_Q3_2018_ACCTS_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

tritritri:
@Cadillac15 I know how Anxious u're waiting for flourmill result. watzup...long time

here is the result http://www.nse.com.ng/Financial_NewsDocs/24328_FLOUR_MILLS_NIG._PLC._FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

as oyel failed to rise above the white resistance levels . that mean SELL should continues.

i am selling at close of market today

goodluck

http://www.nse.com.ng/Financial_NewsDocs/24259_AIRLINE_SERVICES_AND_LOGISTICS_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf



cc pluto

http://www.nse.com.ng/Financial_NewsDocs/24258_OANDO_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Cadillac15:
That means OANDO is in soup. Could that be the reason for the delay?

Mpeace:
Oando and eterna are not totally in the same line of business. Eterna don't do crude oil.

oando result is out now

locodemy:
una don use indirect ways to show us the stocks una own aby?

nobody gree say he own Dangote flour now.last year everyone claimed having it.

u funny who wan own overvalued stock? pple will jump out now

for last year,,,,when a stock of N4 was valued for around N20. tell me who no go rush enter

DeRuggedProf:
Which of the Technical Blues is likely to give way to FA Reggae
This one that Oga CP has removed FA wedge down to around N4.00.
You that would have supplied liquidity at N4.90 is not known for rescuing Janets.
I can only seek employment in this company for now. A 'Nightwatchman' job here will be a better decision for now...

not yet value DF base on latest Q boss

was only reference my previous post based on Q1 when price was well above N10. that i believe nobody still hold the stock base on the gap btw that N10 and less than N4 fairprice then

with my fairprice when am ready to buy stock i still contact BOSSES for opinion

locodemy:
is like one of your fingers is burning @ Diamond bank the way I see ur reactions.

Do you still have Dangote flour?

i believe nobody have DF here. i posted a fairprice here to be less than N4 months ago.

i have posted a fairprice of N18 for core business and core business plus other income for N25 in the past. when things was pointed out good

currentprice:
Aiico yet to release Q3 but based on Q2 numbers this company have the best selling discount right now .

depend on the confident you have for insurance sector sha but dont expect consistence at FY

^^^^

swilo:
I am still surprised that neither CP nor OGG has commented on Aiico, or did I miss a class?

Mpeace:
Maybe there is nothing to comment. The result speaks for it self. Aiico is a falling knife, if u like put your hand.

when i have not post to give room for quick counter post. i have said it here time and time, my fairprice mean nothing to the mkt just to compare /see the gap btw the currentprice. for caution shake if i dont post here, i will still buy stock and make money, mkt have eyes to see value.

as for Aiico with fall in earnings compare to the previous Q, Aiico still have the best discount so far with 2.20% gap btw currentprice and my fairprice. fairprice N2.45

but caution still need to be taken based on my previous post quoted below



VV
V

currentprice:
ref. to my chart yesterday. oyel yet to find direction

waiting continues

direction established. oyel is a BUY now if you trade it

goodluck

phemmie06:
Access, Transcórps zenith

change the Access to Aiico

currentprice:
good morning my pple. i have been eating this oyel alone. it because many dont trade oyel here not my fault o

but here is my next plan for the oyel. despite the mass falling over few days now. it still SELL for me. is either you sell immediately now or wait for the pullback to the green levels to sell. above the white would change the sentiment to BUY

ref. to my chart yesterday. oyel yet to find direction

waiting continues

onegentleguy:
Yes NOT fantastic, but JULIUS BERGER'S Q3 is undoubtedly a good result.
The problem is that u sometimes choose to look at a particular earnings line in isolation without a proper recourse to other core underlying determinants.
In retrospect, the EPS line alone is important, but it will not tell u the whole story.
Its best to look at all the combination of drivers of profitability, liquidity, efficiency and solvency accross all KEY revenue and earnings line.

The company has done well given where they are coming from. Earnings drive has gapped up (both QoQ & over 9M) and is very much in line to beat that of the proceeding yr. (YoY)
The N5.04 EPS is the TTM figure [(3.61-0.04) + 1.47], but that projection is feasible. How? ...Look at the PROFIT MARGIN, GROSS MARGIN, EBITDA MARGIN, and ETERPRISE VALUE.
Even at an adjusted discount figure of 15% (attaching a 13% risk free rate to a premium of 2%), Fair Value should compute as approx N34. ...which means there's a potential value gap to tap from.

However, while their result is good, there are much better companies on the bourse right now. ...there are better value and growth driven coys that one can BUY !!
But the result from JBERGER came in good. It's left for folks to decide on what they want.
Everything depends on one's personality, strategy and investment horizon.

On the part in bold, u also need to apply the same backward analytical view on ACCESS to make a better judgement. (don't get me wrong; ACCESS like I've stated here in the past is a great coy) ...I only advised for caution going forward. (particularly for long term investors)
That said, I respect ur opinion like I do with that of other folks here.

Disclosure: I currently do NOT hold a single unit in JBERGER.
Disclaimer: Due diligence is still advised as always pls.

thatz your opinion anyway and you are entitle to it. do u know fairprice of julius barger at Q3 last year? less than N10.

posting my fairprice without long sweet words around it doesn't mean i use EPS alone, i know how far i go before arriving at my figures. EPS is one out of many metrics i use to arrive at my fairprice and it has being working nicely for me.

if i have less than N10 fairprice for last year Q3 and N25 at current Q then i have confident on my metrics.

i repeat again, we dont get award for being right here rather to catch fun

Chibuking81:
Julius Berger, is one of the bonanza gift come January/February.
Nice EPS

swilo:
Julius berger result is a real bull stimulant..

why not keep some EPS for next year?

in my own opinion,,this result is not that good o , eps is 2.57 as against 5.04 pple looking at

their last Q was even better than current Q

fairprice is N25

Mpeace:
If FCMB makes up to 6billion in q3 alone, it would easily overtake fidelity in EPS. #Just thinking

i agree. it very possible fcmb outstanding share at d advantage

Jerekre:
@currentprice
How do you calculate discount. Does 100% discount not mean the price gets to zero? How do you get over 100% discount and the price is +ve?

brov pls help me do this calculation fidelity at N2 if it move to N6 what is the % increase

locodemy:
Are you saying there is going to be bull when chibuking81 is bringing Bonanza to our market.

only market can decide Bull o, my own is just to value the stock and identify the one that can give me value.

my own is to buy before fpi comes in.

even sterling bank no carry last. selling at 90% discounts

this our bank too cheap sha, only if the numbers are true o anyway to discount this price by 40% you still get good value for money

according to my bedsheet based on Q3 banks results fidelity bank appears to be the cheapest bank selling at 200% ^N6 discounts follow by Access bank with 160% ^N21 discounts follow by UBA, follow by zenith etc.

my own opinion o, mkt have its own

http://www.nse.com.ng/Financial_NewsDocs/24038_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

elephant

http://www.nse.com.ng/Financial_NewsDocs/24029_JAIZ_BANK_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

jaizzzz

Mcy56:
Oh, I just said let me be on the safe side ni.
I don't want something that will keep stressing me, as per say na jijo carry me go there.
Will buy tashere units based on your recommendation then.
If it goes south na you I go hold o.

i have said it before i will not be surprise if fcmb price move above fidelity by FY end. there is hidden treasure yet to be seen by the naked eyes on fcmb

i like quoting post. i will quote this post when the time come

Mcy56:
I'm out of FCMB. The dumping is becoming scary. Think I'd rather wait on the sideline and be observing.

why jumping out? same way u jump out of fidelity before fidelity moves up

nothing wrong with fcmb.

http://www.nse.com.ng/Financial_NewsDocs/24020_MRS_OIL_NIGERIA_PLC._FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

good morning my pple. i have been eating this oyel alone. it because many dont trade oyel here not my fault o

but here is my next plan for the oyel. despite the mass falling over few days now. it still SELL for me. is either you sell immediately now or wait for the pullback to the green levels to sell. above the white would change the sentiment to BUY

locodemy:
yes,I have enough units now.what of Aiico.I need ur opinion on it.

Aiico yet to release Q3 but based on Q2 numbers this company have the best selling discount right now .

depend on the confident you have for insurance sector sha but dont expect consistence at FY

currentprice:
@ loco see your transcorp that valued around 80k as at Q3 last year want to do wonder this time.

waiting to see Q2

post after Q1 result when we were expecting Q2