₦airaland Forum

PETERiCHY:
For those saying there's no liquidity in Uniondac someone has just provided liquidity @23k so better sell and join the BONANZA GANG

Parisfran:
As much as I dont like checking my stockbroking account regularly, when I remember Oando has splitted shares 3 times in 8 years and traded at N30 less than 5 years ago. I know 'buy and forget' is not for us in this Country.

This country is the hub of badly run businesses. With all the political clout covering them, Oando can't still do well. Seplat has left them behind.

Richelieu:
Who can teach me how to trade?

stcool:
1.90 before Friday...they was a clean up today, no offers. Their result may be the best coming, for FCMB management to get mind audit Q3

fxuser:
lollx they are probing with u

fxuser:
FCMB
- d positive div on d daily is encouraging but under major MA's
- but .. dis morn vol wt d break above prev wk close is nt a bad sign

Mcy56:
Lol. Bonanza period approaching

bigjay01:
... and someone is bidding @75k
tomorrow they'll start telling stories that touch

Agbalowomeri:
Very apt!!!
But some of us carry the mantra 'no one can time the market'
But it's good to know when it is risky to siddon for inside there

DOLLARTEX:
*The Nigerian Stock Exchange (NSE)* has suspended trading in the shares of the following companies:

Unity Bank Plc
Fortis Microfinance Bank Plc
Thomas Wyatt Nigeria Plc
Multi-Trex Integrated Foods Plc
Golden Guinea Breweries Plc
Deap Capital Management & Trust Plc


Visit Nairametrics.com for more news.

Yayira:
The problem to me is not buying but will it move after you must have bought at your desired price ?
Abi na to just trade between 1.37 - 1.55 ? Because 1.55 is where the oga throw anchor..

Mcy56:
Lol. The MM did not try this time around. They were able to maintain the price when fidelity was falling.
.......except they are planning something again.

Mpeace:
Below diamond? It might not get there. Their result comes out this month. Audited result.

Jejebabaa:
How much is FCMB selling now pls ?

Mcy56:
Seems FCMB is yet to be done shedding price.
The fear of that guy's continuous dumping and delay in result.
Just my opinion o, [s]lest someone here will go and crash the price faster[/s].

Mpeace:
He has sprayed his beer bear substance on all de flour in nigeria

swilo:
OMG!! Chibuking..

currentprice:
not true broda,,, [b]they reached their fairprice around JAN/FEB [/b]except uba and access and i shout out for caution during this period when they begin to trend above the prices

Mpeace:
Airservice Current price= 6 fairvalue= 18.
Fidelity Current price=2.05 fairvalue= 6
Not too different.
Waiting for uniondac to see where to go.

onegentleguy:
http://www.nse.com.ng/Financial_NewsDocs/24259_AIRLINE_SERVICES_AND_LOGISTICS_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Q3 RESULT OF NEWREST ASL (Airline services & logistics plc)

Arguably one of the best result to come out of the Nigerian stock exchange in Q3 !!
...with a gap up in revenue lines and an over double digit growth accross all earnings line.
EBITDA MARGIN, GROSS MARGIN, NET MARGIN, PROFIT MARGIN, ETERPRISE VALUE, RoIC, ROAE, ROAA and EPS.
...with the last line (EPS) growing by over 191% to N1.73 from 59k in the corresponding period of last yr.
I am particularly impressed by the coys EM !!
Fantastic result in all ramification.

NEWREST ASL was one of the coys I mentioned here in the past.

...it's a BUY from my end !!
Assuming zero % growth and using a TTM EPS of N1.73 (as at Q3) at a discount rate plus risk premium of 15%, the coys Fair Value should compute as N11.50 !!. ...which presents a potential yield of near 92% from capital appreciation given the present market price of N6
This is discounting for any and all possible inherent risk.
I have since said that NEWREST ASL is a BUY ...in fact ACCUMULATE !!
...current VALUE behind the price describes a company that has NO business selling for N6.

Disclosure: I hold some unit of NEWREST ASL in my investment portfolio.
Disclaimer: NOT A RECOMMENDATION. ...due diligence still applies.

mendes911:
So much honey!

phemmie06:
My oga we never enter into Deliverance Ministry or make we DIVERSIFY? Boss Don see wetin me no see anyway I no de open the result

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/24298_U_A_C_N__OF_NIGERIA_PLC._FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

phemmie06:
The honey left and the water in the well dried

Cadillac15:
Wale is a big thief, period!

Suddenly, Mangala has gone quiet. He is now a board member.