₦airaland Forum

RabbiDoracle:
Bro, community no good na Ndi nze dey chop o.

Stock market dey low na 'Ndi Nze' dey chop o.

IYGEAL:
No one was privy to the recently released result. If they were, how come money bags were mopping up at klm 20?

Well, except if they were, in which case they are.

IYGEAL:
UACN in half-hearted full offer

IYGEAL:
Morgan isn't connected to the NSE right now.

For a second, I thought "Nigeria and Public Holidays", not knowing it's problem.

DrAwo:
For those in the Vitafoam bus, enjoy your loot...

The company seems to be enjoying a breakout year. The question you need to ask yourself is "why is vitafoam flying and how sustainable is it?"

Q1 saw EPS double year on year. Q2 also did the same. A closer look at the numbers however show reduced revenue in both quarters so the company didn't make more sales but is making higher profits...

Cost of sales declined significantly in both q1 and Q2 2020 as compared with 2019. Looking as the notes to the financial statements show that their raw materials were bought cheaper year on year.

A Google search shows polyurethane (derived from crude oil) as a major raw material in foam production. So you see where this is going - the massive drop crude oil price was a big blessing for vitafoam...

Expect a good q3 too as crude oil prices are still down year on year but don't expect the party to continue forever. Oil prices are rebounding.

Dont be the one holding the empty cup when the music stops....

Mcy56:
This Burundi Bull is really intoxicating you.
Just don't forget to pay your tithe.

Mcy56:
Hhmmm..........Origin from Burundi at work.

gabscity:
Yeah... Even @Stcool has taken position.

veecovee:
I dey here sir, I no go keep quiet for this one

... wrong to flaunt such seductive pic in public

fxuser:
update

- most prices generally hitting a monthly daily high (positve)
- all setting up for a very bullish monthly candle abv prev months (positive)
- dont get left behind in disbelief

ukay2:
So KM 25 is possible. .....

ukay2:
More highs coming from Burundi

stcool:
In this forum I have learnt to know my money mate...If I nolonger respond to your attack it means my money & your money no be mate!!!
So Rest

Your 100% portfolio profit after 6months could be 500k gain...while my 20% portfolio profit in 2 weeks could be +1M just saying

You can do the maths. Let's be guided...

PETERiCHY:
In 1982
N1000 is equivalent to $1463

In 2020
$1463 is equivalent to N675000

Life na turn by turn

PETERiCHY:
In 1982
N1000 is equivalent to $1463

In 2020
$1463 is equivalent to N675000

Life na turn by turn

veecovee:
I can't fathom this particular peter sir

The peters I've preached to have stop fishing

This very one wants to die in the high sea

jideflash:
FBNH and Zenith sweeting my belly.

veecovee:
... I don't think so, well wetin I sabi self?

veecovee:
Finally them don dey buy caverton

PETERiCHY:

Audio EPS.
A stock that you their chief auditor saw the results and mistakenly sold.

A stock that traded at sub 80k when there was no Coronavirus let alone now that airline stock are taking a hit due to Coronavirus.

Even our almighty Buffett turn to JiJOist due to the pandemic.

WARNING! WARNING!! WARNING!!!
Anyone buying CARVETON above N1.00k is doing so at his or her own risk.

BARGAIN HUNTERS TAKE NOTE

TraDeRR:
Any hope for my transcorp?

jideflash:
lol, no be so. depending on your entry price + dividend, we should all be good. i entered bulk of my holdings at N1.7 ( i have been giving update from 90kobo), and the company has been growing steadily in revenue and stock price. so no doubt its a solid company with new contracts signed recently. Moving forward, the company has completed setup of their MRO center and should launch the Training facility within the next 12 months ( with its 1st of the kind in Africa worldclass flight simulator on its way to Nigeria), their income will be better diversified.

But as you see we here are just minority holders, we cant afford to suffer the coming market blow like them (majority shareholders), as Capital preservation is key. We shall return once the storm is clear.

RabbiDoracle:
Dow, S & P and NASDAQ are all flying.

News of having a vaccine around December.