₦airaland Forum

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

https://punchng.com/siblings-in-forex-scam-as-3500-investors-demand-n2bn-deposits/

they really tried maintaining the accounts for up to two years before bubble got burst.

gathering N2B from pple in a community no be moi-moi o,,, the burst might be as a result of greed

i believe they can bounce back if they knows what they are doing

maishai:
Pls do an analysis of contenental insurance for me and best price to enter it......... After going through their report I like the fact that there are many foreign investors into it.
cc
current price
fxuser


Thanks alot n advance

if u have trust in insurance sector then continental insurance is a good bargain at current price with the numbers available before me the stock is selling at a discount of 55%.

but if i am insurance person i would rather go for AIICO which is currently selling at over 200% discount

Note, AIICO is planing to raise cash so be careful on their H1 numbers

Calebbold:
http://www.nse.com.ng/Financial_NewsDocs/23887_CONOIL_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Conoil Q3 2018 result

fairly priced.

Fair value based on this Q3 N22.75

any improvement in d last Q numbers is a bonus to d price vice versa

Ugosample:
why do you say that?

he wasn't referring to Peter the VP candidate. he was referring to peter the Octopus

EKUU Mkt

swilo:
The stock is like an overweight woman. No amount of love will make u tell her to sit on your laps.

i don chop US oyel tire. over 500pips bank already chai!!!

Access do core banking business than any other bank on nse they even invest more in securities than zenith bank

DeRuggedProf:
We since suspended fairprice, for now, we only do Bearprice...

cp fairprice for access is even higher than 11

bank customer/bank deposit as at Q2
ACCESS 3trillion
GTB 2.3tillion
ZENITH 3.1trillion

currentprice:
Lol... let me leave my fairprice method of valuing stock which gives me higher price to adopt chibuking simple lay man method for access price

in chibuk voice he will pick ZENITH EPS @ Q2 = 2.60 selling at N22

compare it to ACCESS EPS @ Q2 = 1.35 selling at N8

so therefore if access eps is half of zenith, access should be selling @ half of zenith price @ N11

if you believe that zenith is undervalue, access is more more undervalued

DeRuggedProf:
It is still owing the bears and we are waiting at the door for it to pay first.
You never take money to a bank after you heard robbers are heading in their direction, lest they collect before you make a deposit....

UBA did me well, waiting for Access to do same, but it is stressing my nerves....

Lol... let me leave my fairprice method of valuing stock which gives me higher price to adopt chibuking simple lay man method for access price

in chibuk voice he will pick ZENITH EPS @ Q2 = 2.60 selling at N22

compare it to ACCESS EPS @ Q2 = 1.35 selling at N8

so therefore if access eps is half of zenith, access should be selling @ half of zenith price @ N11

DeRuggedProf:
Access is thinking it can rub cream before taking its bath?....
We are watching...
Never owe a bear and think of making progress...
It is easier to get away with tax in UK than to keep these bears away from what belongs to them...
It is healthier to enter the Gym in the morning than in the afternoon.

prof. the way you day mentioning ACCESS on ur post this days. anyway i dont know what u mean BUT access is one of the banking stock to watch. selling @ too much discount compare to other banks

DeRuggedProf:
How far with US stocks?

US never open shop now

DeRuggedProf:
Between FCMB and FIDELITY, you prefer FCMB? Why?

Mpeace:
Apart from sharp mm, I also join u to wonder, WHY?

with yok choice it look like he is doing his home work carefully. look like he knows much on banking ^{fact behind the figure}, i wouldn't say much now

not saying fidelity is a bad buy,, i asked pple to consider this stock when the Audited H1 result was released and i will continue asking pple to consider the stock until numbers are no more looking attractive

at the end i will not be surprise if fcmb final result is better than fidelity

phadriz:
Can anyone tell me what is happening to NB? it seems the stock keep losing. I can't imagine NB @ N85.5

currentprice:
numbers still shows it will go down more so as NB except gerenal BULL appear from nowhere

quoted bolded post made when NB selling @ 96 weeks ago. price is 86 today and numbers still shows NB not yet reach fairprice so likely to go down more except general BULL show face

EKUU yesterday mkt

Chibuking81:
Waiting for bonanza period which is fast approaching.

Chibuking81:
It will start before and during election week, and some period after election.

i like to quote post.. below was my quoted post to u around August.

currentprice:
very likely u will miss good entry, eventually end up buying alternative stock when the price of yor target stock get out of reach.

it has happen to u before. history very likely to repeat it self

cc Agba
cc mendes

aremso , chibuking how far?

EKUU MKT O

BELL riging............

currentprice:
morgan capital and skye bank(polar) is like 5/6

they still use the bank as their main bank for customers deposit and they are the only broker i know using the bank

hope they have no skye bank share

Chibuking81:
As we prepare for our period, pls any of Morgan capital representative here, or someone close to their management should pls ask them to open account with 1st/2nd tier banks like Zenith, GTB, ACCESS, UBA, FBNH, for their client. I am not comfortable again with them using only Skye bank due to fear of unknown, they should pls as matter of urgency change bank, or add another bank to their existing one.

i agree with u, still wondering why they stick to the bank. they might lose some customer

tritritri:
@CP from the chat you think the reverse is due or it just FOMO ?

with chart, i see a good SUPPORT around 28,500 levels, will investors wait till then, how will they feel in few week time when they started seeing PE of 1, 1.5 , 2 with Q3 result plus oyel near 100 mark

veecovee:
OK, what and what are you b... next week

still consulting my bosses

most stock are trading at discount.