₦airaland Forum

Mcy56:
Over 150M now. So far, nobody is dropping any qty.

I am smelling semovita too....

CC: BBM.

Mcy56:
Loco, that's 100% from close of trading session's price of xtyday.
You thought they should pay more than that? I believed they must have done their valuation as well as capitalize on the distress state of the company to price it cheaper.
This one caught people unaware. Abeg, anyone with eagle eye should start touch-lighting the next one oooo.

cc: Mpeace

Go to the valley of dry bones and make your call....
No kill me with laughter this early morning....

Harvestock01:
Loss 6.5%
Gain 6.9%

Why the difference, when the 'band' is same?

Sanity check:

If I buy a stock at N1.55 and it goes down to N1.45, what is my loss in percentage?
If I buy another stock at N1.45 and it rises to N1.55, what is my gain in percentage?

Thanks in advance.

dipoolowoo:
Most Valuable Stock: MTN Leads Dangote Cement by N205bn
https://businesspost.ng/2019/09/24/most-valuable-stock-mtn-leads-dangote-cement-by-n205bn/

Is Nigeria’s Fiscal Adjustment a Necessary Evil?
https://businesspost.ng/2019/09/24/is-nigerias-fiscal-adjustment-a-necessary-evil/

When is Forbes doing its next ranking?
This info is critical for my timing here.....

Agbalowomeri:
Is the daily bowing to the cloud?
We watch

The Pilot wants to move ahead and penetrate a Cumulus, the pilot cant risk a Nimbostratus....
Look at that thinner cloud layer ahead, patience and turbulence will send many knocking at the cockpit door...
Hope when we get there, the weather does not change again....
Nice Job and a very helpful insight from you.

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Witchcraft for the 21st Century

Abeg help us bring GTB to N7.00, DANGCEM to N17....

locodemy:
@only 53kobo?
Oh.........better than delisting without any compensation.

Finally headed to Golgotha from vegetative immersion...
53k is final salt to injury....

Looking back, Meristem was on track:
https://www.proshareng.com/news/STOCK%20&%20ANALYST%20UPDATES/FO-Divestment-Plans-%E2%80%93-Meristem/43323

cc: CP/OGG.

I was just laughing when I saw this from one of Peterichy's post some moons back...
That guy never run short of memes..

bigjay01:
dey there na

I bought UBA at N48, my holding cost per unit was helped by the series of bonuses that followed and an aggressive averaging down.

the rest na history

I now comprehend your trading style completely.
You have almost seen it all.
No wonder, you are always very comfortable when you hang at a bus stop and the driver refuse to reach there to pick you. You simply wait for another bus or the same bus when the driver discovers his fuel money is not complete and Unilaterally Accept Codedly Now to pick you....

UACN has two steering wheels, one facing the rear of the car and equally powered from the same engine....

currentprice:
those pple behind that stock price

who knows if their plan is to continue holding d price down toward the plan to delisting

Then the big bang lands...

Agbalowomeri:
Very funny, I remember Conoil was the very first stock I ever bought, at N140
Those analogue brokers do person strong thing, no dividend, no capital appreciation Lol
So much for diversification Lol

Diversification most times invites Dissatisfaction....

currentprice:
if not cos we dont know the motive of the new FO owner, could hav ask u to consider FO instead of conoil.

dont know what u see in conoil. d stock latest numbers not that attractive, though still selling below fairprice but not a good deal for me

thatz my own opinion o

But the chart knows.

onegentleguy:
FO... FO... FO !!

...that over 2.7M executed @ N16.35

I am calmly watching 'them' in 8D.

I learnt from my Ogas that there is a double bottom formation here.......
Very soon, only Agba will be able to price this one...
Agba, over to you.

dipoolowoo:
Infinity Trust Mortgage Bank Eyes N4bn Earnings, 35 Kobo EPS, 40% ROE
https://businesspost.ng/2019/09/23/infinity-trust-mortgage-bank-eyes-n4bn-earnings-35-kobo-eps-40-roe/

Honeywell Targets Expansion to Sustain Revenue Growth
https://businesspost.ng/2019/09/23/honeywell-targets-expansion-to-sustain-revenue-growth/

Why Nigeria Can't Generate Much Revenue From Tax—Oyedele
https://businesspost.ng/2019/09/23/why-nigeria-cant-generate-much-revenue-from-tax-oyedele/

CBN’s Forex Supply to BDCs Damaging Economy—Analysts
https://businesspost.ng/2019/09/23/cbns-forex-supply-to-bdcs-damaging-economy-analysts/

Nigeria to Reduce Cost of Oil Production Per Barrel


https://businesspost.ng/2019/09/23/nigeria-to-reduce-cost-of-oil-production-per-barrel/

Only OLAM can save this one....

STNWAUME:
OGG with your discretion at what price do you think we should wait for UACN.
N3, N4 or N5?

Wait and ask again at N10....

Is unity bank head office on fire?
Share price and Banking license might follow...
The fire was generated by NPLs...


https://punchng.com/video-fire-outbreak-at-unity-bank-head-office/

Mpeace:
Let them take their time to fix it well. We are not in a hurry.

CP's advisor sighted
Even VCV is with CP in prayers...

NSE is a place where there is more profit from rotten vegetables than fresh ones!!!

BullBearMkt:
...@Prof, who are these UBA mafia?

Why is the head of the mafia questioning me?....
Remember when CP said it was grossly undervalued, you responded that you can only pick between N5.90 - N6.15...
Bring out that post yourself.....

REVERSE FOMO may set in tomorrow...

Agbalowomeri:
when you look at the percentages, it will give you a clear picture
Even GTB did only a little above 10%, wetin u come want from FCMB/Fidelity Lol

This is where some miss it and make brokers very rich....
There was a year I generated so much commissions for my brokers that when all the dust was settled, I realised I should have just stayed in a single stock and asked them to send me their account number for a 10% of my total holding's end of year gift, without going through all the stress and emotional trauma I brought upon myself....

Mcy56:
Plz who knows the issue with fidelity, FCMB and transcorp ?
Why did they refuse to shake body during this rally despite their good numbers, fide/FCMB especially?

I am yet to be fully served.....

maishai:
Okomu and presco off my radar........Im hoping to buy penny stocks that has the potential to build earnings that will take them to this price......

I prefer to be a herder than a hunter.....

onegentleguy:
...but then, there are also positives.

Higher earnings accrual for coys in the consumer goods sector.

UACN and FLOURMILL-
• Prices of consumer produce(eg vegetable oil) has been pushing up with pace.
• Better CF management from a decreased rate environment and relative fx stability.

Added benefits;
• Laverage boost from delaveraging efforts with a few of its subsidiaries(proposed unbundling in view) plus business repositioning drives for UACN.
• Relatively decelerating price of wheat in the Intl market QoQ with Q3 in view(nearer to its yr low than high), higher sugar price(main boost to revenue in Q1) plus management efforts to better funding alliance(reduced funding mis-match in view) for FLOURMILLS.

OKOMU OIL and PRESCO-
• Benefits from border closure to curb the recent spate of lower vols, and ensure that a relatively fixed price accommodates accelerated revenues.
• Relatively increased CPO price in the intl market(currently approx 2.4% shy of its 52-weeks high).
• Better funding match @ lower rates(interest expense reduction in view) following a recent N10B FG Agric credit loan. ...with the 1st trench already dispersed. ..plus ongoing expansion work aimed at increasing revenue and earnings base for OKOMU OIL.
• Higher expected vols given that Sakponba plantation will come on board this yr, plus better fx stability and cost optimization for PRESCO.
• Strong liquidity stance(FCF), particularly with OKOMU OIL.

There are also a few demerits though...
Higher likely capex spend and the small worry of a possible deterioration/loss in biological asset for OKOMU and PRESCO. ...particularly the latter.

...and tighter margins from inflationary pressures plus tougher competitive terrain on lower price points for UACN and FLOURMILLS.

However, I think that the pros far outweigh the cons(risk-return in view), especially for the 1st 2 coys highlighted.

Verdict: Now is that time to take positions in these coys in line with ones investment horizon. ...I particularly love UACN and FLOURMILLS.

As for OKOMU and PRESCO, I will consider marrying the former @ a near 30% discount from current price, and make the second my concubine @ less 18% to present mkt price(trading portfolio in view) if both were women.

CAVEAT: NOT to be infered to as any sought of recommendation.
My advice: Pls kindly follow ur instinct.

Agba, OGG is taking competition to your doomot....
Tomorrow is weekend, better call your team to the diary room, voting must commence now....

OakPearl:
You know the drill bro.
That 38m offer na film trick.
Just to load at their junction before letting the ship set sail.

Trying to force sellers to vomit interim dividend....

UBA mafia ARRANGING to pick @ N5.90 - N6.15.....

eziokwunwoko:
I AM HERE. I missed the opportunity. Also missed the oppunity of UACN @4.5.I am at crosscoad, waiting to enter CAVETON @ 2.1 BUT CURRENTLY ON 2.3.
CurrentPrice, advice me should i enter Caverton now if Q3 2019 result is not fanatstic, knowning that it is illiquid stock and very sting in terms of dividend.
Please advice me

Wait @ N2.50 and ask again......

yok:
STOCK MARKET GUIDE FOR 19 SEPT 2019
Yesterday MSCI was a net buyer of equities. Full details for our subscribers.

Since last week, the market has been fairly okay with more gainers than.

Let us stay on the side of stocks with growth potentials, this is not a time to go for those illiquid stocks, they can wait latter!!!

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

Yok, you can do better....
Veecovee won't appreciate this.

currentprice:
^
^^
fireman Sam day na