₦airaland Forum

BullBearMkt:
...Saudis decided to open the oil pipeline & flood the market, hence the terrible fall. Just closed my short trade this morning Waiting for a pullback to short again. Brent Oyel looking towards 70.70 now

no be small things yesterday o, both crude and brent oyel shed almost 5%. let see what inventories look like today

in bonanza gang mind "why NSE not falling faster like oyel" be rest assure NSE is not going to join. nse close green 7 days out of 9 and green last four days in a roll

currentprice:
oyel money sweet o

few more point to hit profit and done for the week

cc bullbear

profit taken, 257 points banked

now let go and see what some of latest NSE results is saying

i expect oil to go down more in few days

cc fxuser

oyel money sweet o

few more point to hit profit and done for the week

cc bullbear

onegentleguy:
No, EPS is not annualized.
However, the slowness in effective earnings yield and the over 38% drop in EPS in the last quarter (btw July to Sep, 2018) is a course for some concern.
When this sought of drop exceeds a 20% margin, stability in growth is called into question. ...and so it makes some sense to not throw caution to the gallery.

But like I said before, ACCESS BANK remains a BUY. ...current market price still screams of an immense VALUE behind it.
Without a doubt, the coy is UNDERVALUED. ...there's a fine 'gap' to tap from at the present price.
That said, there is a need to be cautiously optimistic going forward.

Access bank earning yield actually rise by 37% in EPS btw July to Sept 2018 compare to that of 2017 same period.

every bank have trading income not only access, WEMA have about 40% trading income in their latest report

Agbalowomeri:
CP you really have confidence in all these banks sha

Banks are the most regulated sector on NSE. Cbn have eyes on them, they can not just come out with numbers like any other sectors

Cc oracle

swilo:
OGG Thanks a lot. I value your analysis greatly.

One clarification, is the EPS annualized? If not, then TTM EPS may have moved higher slightly.

Access Q3 numbers not annualised brov.

with this Q3 result Access already covered the whole financial year EPS of last year. Going forward the last Q4 is jaraa

swilo:
can one say Access result is better than UBA?

In my own opinion based on the numbers reported ACCESS is the cheapest bank among tie 1 bank

Selling at 160 % discount.

Fair price from my bedsheet is N21 based on Q3 alone.

I pointed out this bank week ago as Bank to WATCH!!!

Cc druggedprof

http://www.nse.com.ng/Financial_NewsDocs/23961_CAP_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

mendes911:
Dangote Cement.

http://www.nse.com.ng/Financial_NewsDocs/23964_DANGOTE_CEMENT_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

overvalued in my own opinion. but nothing one can do about this, DC will continue selling at premium.

too much liquid sha

Mcy56:
Chai! You no give us enough tips na and mpeace wey I for copy dey busy shaking tables upandan.
Na to say I no go offer this subject again o cos me na 1st class student I be.
Although, e fit be say na tgif make you mark the paper from back to front sha.

Don't bother yourself u can't pass this paper, it will be very hard for some one to know it, to him it is higly coded, me self know it by chance and I can not reveal it cos he did nothing wrong with the handle . He will be surprise I decoded it

Mcy56:
@currentprice na your assignment I dey try to do o.
You didnt tell us if his comments were made in nsempa but if they were..........
then, three handles seen but only one closely fits into Pa Elewumi's description and it's that of godlylifeoneart.
features:
- Matured comments and responses to inquiries
- Highly experienced in many fields but especially in economics field
- Comment yesterday.
- No comment yet today.
-
-
- I don try. Mark my

paper like that.

U failed this paper dis year. tried harder next year

by the way, not talking about pa Emma. No be pa Emma mention 3 euro na peteru

Every body knows pa Emma 2nd handle. "Manie" or something I think

http://www.nse.com.ng/Financial_NewsDocs/23956_WEMA_BANK_PLC._FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

early release of result. good example

investing.com is not connecting to NSE again

make someone post NSE chart make we see technical point of view.

things ^numbers is looking good for the fundamental

cc fxuser
cc bullbearmkt
cc yok
cc others

mendes911:
For your information, the probability is very high that Peter never bought WAPCO and he was only catching fun with his posts. Whoever believed his post that WAPCO will sell for 3 Euros (over ₦1,000.00) should as well come and buy the seaport in my compound.

Jokes come in different forms here, get that.

i agree. many catch fun with different posts, some claim to have loaded stock at N40 if the stock move up to N50 he will come out and say i tell u pple to buy but u refuse if the stock fall to N30 he will come out to say he has sold slightly on profit whereas no stock has been bought

some one seems to be mopping ACCESS anyway let see how next week be

DeRuggedProf:
MayBaker Bonanza loading?

Yayira:
^^^ Ha! So you did not know he stopped commenting cause of you peeps ?
If it’s a do me I do you “thing” isn’t it enough? How many times y’all going to talk about it? Cause that man I know won’t go on and on with someone’s bad investment like you guys are doing

sidon there, who is not commenting? he coment often with other handle. he even post yesterday

different handle with diffent purpose

yariya see ur life, one can not post freely here anymore. any post u will just jump on it. do you think the person still have the stock?

things like this make here dry this days when one can not make a joke

EKUU mkt o

UBA VS Zenith

both selling @ 100% from my bedsheet but i go for UBA based on growth rate

let see what ACCESS will bring to the table

Yayira:
CP what’s the fair price of this oga now, judging by this latest..

I have N45 from my bedsheet

selling @ 100% discount.

honestly gtb is riding on efficient.

gtb roe 36%
zenith roe 24%

http://www.nse.com.ng/Financial_NewsDocs/23943_ZENITH_BANK_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

oyel hav lost it, strong support broken. likely to go deep days ahead.

anyway NSE has disconnected with oyal long time ago.

no shaken

dont know if GTB did share buy back of recent,, as against the eps of 5.03 reported i have 4.80

i also noticed retained earnings fell by 30 something % may be thatz due to the implementation of IFRS 9

prof2007:
UBA PLC HALF-YEAR STOCK ANALYSIS

TRW FUNDAMENTAL AND TECHNICAL ANALYSIS OF THE NIGERIAN STOCK MARKET
Posted by TRW STOCKBROKERS LTD on October 15, 2018

Company: United Bank For Africa Plc
Rating: Buy
Current Market Price:N8.25
Year High: N13.50
Year Low: N7.00
Fair Value: N19.70
Conservative Expected Q3-EPS: N1.90
.

UBA appears cheap at currentprice cheaper than gtb but gtb would always be stock to watch based on their superb efficient

on my bedsheet, GTB shows 40% discount while UBA shows 100% discount. although investors dont care about gtb discount/premium

arduino:
I hope you have your PVC......Elections are not won on Tweeter, Facebook or Nairaland

pasuma:
Lies from the pits of Hell.. No change is coming whether you like it or not.. Elections are not won on twitter or facebook ..

don't mind oga chibuking, just read and pass. u should have known his mind to the current govt. when he said there is going to be a change in government in Lagos

veecovee:
Kedu maka "oil market"?



cc currentprice

Kedu ka ihe di " oil market should go up today " if nothing serious come up later

let go buy oyel

cuteboy2:
This is a rather poor Q3 results.
I don't expect different results from other banks, except
perhaps GTB

How the result take poor brother, hope u didn't arrive at your conclusion because of teeth posting along the result. It understandable if you say the result is flat but not poor. PE of 3.5 at year end

Based on the result UBa fair price stand at N16 with one more Q to go. Thatz 100% discount to the currentprice

http://www.nse.com.ng/Financial_NewsDocs/23922_U_B_A_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

megamart247:
Is Honeywell a good buy @#1:25?

What is the fair value.?

CC. CurrentPrice . Fuxer. BBM and at all.

Thanks.

the first Q report was not that good, may be the reason price continue slide. would like to wait and see 2nd Q in few days time