₦airaland Forum

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...

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

Do you still have Dangote flour?

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.

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

waiting continues

phemmie06:
Access, Transcórps zenith

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

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.

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?

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

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?

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

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.

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

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

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

waiting to see Q2

sellydion:
Your valuation N1.80k and etc.

My forward target is from N3+ within this period.

sellydion:
@CP,

I read your comments on Transcorp. Hmmm!

I am in for 5m units, holding for the next two years max.

Agbalowomeri:
You no short Dow?

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/24008_DIAMOND_BANK_PLC_CORPORATE_ACTIONS_OCTOBER_2018.pdf

onegentleguy:
Not at all !!
Even with this 0.41k EPS from FIDELITY, it still trails the 0.63k H1 from FCMB.
Fidelity banks H1 result shows a remarkable improvement, but given their current financial positions, I'll place FCMB, UBA and ZENITH ahead of FIDELITY !!
But that's just me.

DISCLAIMER: NOT to be interpreted as any sought of recommendation.

onegentleguy:
I recall I mentioned it here after analysing the stock that FIDELITY was presently the cheapest banking coy in the tier 2 space !!
Those who KEYED IN then @ between N1.65 to N1.75 must 'be sipping from a cup of sweat tea now'.
Price is currently @ N2.04 and still rising !!

...the rest is history.

fxuser:
Transcorp
- price precedes news
- waiting for CP , OGG Q3 FOMO analysis
- TA been bullish a while now