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DeRuggedProf's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:55am On Oct 29, 2018
TLAX:
Who has got May and Baker Rights Issue prospectus. Please post here. I will like to go through.
Are you searching for deception? grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:09am On Oct 29, 2018
onegentleguy:
A very good morning to u all.
Today marks the 1st working day of the last 3 days of the month of October. But it also marks the day I was born.
...it's my BOct 29 DAY !!
Pls help me thank GOD for his grace and mercy in my life.

Am not a very fanatic fellow but pls permit me to dedicate this song to all October born here;

Amazing grace, amazing grace, is the story of my life.
is NOT by power, is NOT by might, is by the SPIRIT of the lord !!
is NOT by hard work, is NOT by skill, Devine help is what I enjoy !!
Am not afraid, of tomorrow, I have grace, grace grace. Everywhere that I go, everything that I do, all I see is grace.
Everywhere that I go, everything that I do, all I see is grace.
Grace grace ...I see grace. Grace grace ...all I see is grace !!
Grace grace ...I see grace. Grace grace ...all I see is grace !!

Grace grace !! ...Grace grace ...oooh !! Grace grace ...all I see is graaaaaaaace. ALL I SEE IS GRACE.

Cheers !!
HBDLLNPGG&GMMTYP.

Enjoy ur day & continue touching lives positively. It shall always be well with you.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:04pm On Oct 27, 2018
maishai:
Mark my words someone will change moniker after the declaration of next years presidential election...............Anyway I am still waiting for bonanza,,, Is cash still King in this period..huhhuhhuh
Cash is still king based on your level of insight.... grin
I recall clearly how BBM pointed out Fidelity @ 1.52. His own level is beyond ozone layer.
Some can only spot opportunities when the whole market is bullying... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:44pm On Oct 27, 2018
grin
These are the stocks that will send the Bonanza gang to their village, b4 December, in search of village People who are using calabash to monitor them:
1......
2.......
3.......
4........
5........
6........

Fill your Best six.

The worst six(6), I can easily provide.
1. Japark.
2. Deadmond
3. FirstAlarm.
4. Laggard.
5. Jaaaaa.
6. Kunu.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 6:38pm On Oct 26, 2018
onegentleguy:
A very blissful weekend to everyone in the house.
...and may God be with us all !!

Regards.
Peruse and comment. I found this very interesting.

From the write-up:
''It would appear that there are clever and creative ways to deploy IFRS in order to improve income statement results by front loading provisions in the balance sheet and then releasing it through the year to allow for improved profits while the revenue growth remains static or perhaps negative (and in this case - 1.1% or negative using the NAFEX exchange rate to calculate the results for Nigeria).



The market reaction says a lot, and experience would indicate that knowledgeable and discerning investors around the issue of NAFEX and reporting understand what is going on; and are selling off Ecobank shares (ETI @N16 yesterday and today after trading as high as 22.15 in August 2018) as the underlying business performance is not sustainable. Using IFRS to increase revenues will work for 2018, but what is the plan for 2019?'' ....

https://www.proshareng.com/news/Stock---Analyst-Updates/Unravelling-The-Ecobank-Q3-2018-Results-/42407
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:54pm On Oct 26, 2018
onegentleguy:
Slightly improved performance given where they were as at Q2... but its clear that the bank is still seriously struggling !!
The poor financials with most of their KEY drivers of revenue and earnings line describes an inefficient and clueless management at the helm of affairs. They are unable to think outside the box with deriving benefits from both their core and non-core line of business.
But for trading income proceeds which helped save the day, their performance either side of their investment and loan/interest drivers was relatively poor.
After 2 quarters since their offshore asset divestment, the group still recorded a negative PAT btw July to Sept 2018.
There's still a worrying ROAE, ROAA, EPS, GROSS MARGIN, NET MARGIN, EBITDA MARGIN, RE and EM.
This coy is in need of solvency to boost their WC. ...but before then, the current management needs to go !!
Otherwise shareholders might be in for a long thing.

Let's hope that the new management that will take over in the near future will help turn things around.

Will I buy DIAMOND BANK? ...No. I'll prefer to wait and see how things play out in the coy with the release of their 2018 AFS.
Should u sell if u hold a stake in the bank? ...well that would depend on ur personality, strategy and investment horizon.

DISCLOSURE: I currently do NOT hold any stake in DIAMOND BANK.

CAVEAT: NOT to be reckoned as any sought of recommendation. ...when in doubt, pls do well to indulge the services of a reputable investment manager/adviser for guidance.
DEADMOND BANK... grin

80 Kobo.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:41pm On Oct 26, 2018
Mpeace:
Then it will be fcmb vs sterling, battle of the mm.
FCMB MM get shame, STERLING MM no get shame.... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:40pm On Oct 26, 2018
onegentleguy:
To the M&B folks...

May & BAKER is about now currently presenting the FACTS BEHIND THE FIGURES with respect to their ongoing rights issue !!
...Venue of presentation is the stock exchange house in Lagos.
FACTS BEHIND THE FAILURES.... grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:26pm On Oct 25, 2018
currentprice:
only market can decide Bull o, my own is just to value the stock and identify the one that can give me value.

my own is to buy before fpi comes in.

grin grin grin
grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 6:28pm On Oct 25, 2018
DOLLARTEX:
chai this result is very sweet walahi,just move to 50 naira!
FG remains under heavy ATIKULATION to deliver.... grin
OGG/Pluto told us they were accumulating based on FA.
Family › Re: How To Prepare For Retirement Without Stress by DeRuggedProf: 3:02pm On Oct 25, 2018
ok
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:37pm On Oct 25, 2018
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:08pm On Oct 25, 2018
Mcy56:
Lol. grin
One thing I am almost certain about is this, that N1.55 must break down.... grin
I am not doubting this stock overtaking Fidelity along the way, NOT due to any far fetched reason than MM.. grin
NO ONE however knows the date it will happen... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:01pm On Oct 25, 2018
currentprice:
i have said it before i will not be surprise if fcmb price move above fidelity by FY end. there is hidden treasure yet to be seen the by naked eyes on fcmb

i like quoting post. i will quote this post when the time come

grin grin grin
Let the MM complete his clean up , we don't have hundreds of millions like him. grin
I trust the MM, NOT the management... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:58pm On Oct 25, 2018
CIReleasing its grip. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:49pm On Oct 25, 2018
mendes911:
LOL.

Same way the MM was constantly closing the share price at ₦1.70.
I will NEVER jump the gun here, I know the caliber of guys I am dealing with. No good stock makes the entire gains for a year in one trading session on NSE.... grin
Better to lose some percentage on the uptrend than to keep vigils for market to open after a shock treatment from their MM... grin
FCMB is NOT an ordinary stock.... grin
It is not about fair price now. Scan the entire market and see food everywhere for vultures, yet they are not descending, still awaiting bigger carcasses of animals that are alive. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:25pm On Oct 25, 2018
Mcy56:
I'm out of FCMB. The dumping is becoming scary. Think I'd rather wait on the sideline and be observing. tongue
What the referee does not see, you can now raise your flag..... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:44pm On Oct 25, 2018
yok:
okay. This is it now:

https://twitter.com/AnalysisTarget/status/1055099383543463936
Cool. Thanks a million.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:34pm On Oct 25, 2018
phemmie06:
Hope this smile na real smile boss
grin grin grin
No be here.... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:46am On Oct 25, 2018
Never respond to every price change... grin


#selfreminder.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:27am On Oct 25, 2018
yok:
http:///2EK14pu
This is also a yoke. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:10am On Oct 25, 2018
fxuser:
cool cool . . Legendary MM
MM who keep shifting the goal post unilaterally... grin
That wall is making me laugh... grin
These guys are psychological wizards.. grin
I wish I had the opportunity to analyze the components of that wall; MM's cash, FOMO cash, stolen cash, borrowed cash, undecided cash, etc etc.. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:04am On Oct 25, 2018
fxuser:
a double bottom wont be a bad idea sef
Targets locked already. Sniper's patience now activated. grin
Night vision also in place, no blinking... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:01am On Oct 25, 2018
UBA just practicing Juju dance for days. ... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:58am On Oct 25, 2018
fxuser:
- early vol
- possible bottom?
- um
Nbst.... grin
Angry buyers.. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:57am On Oct 25, 2018
yok:
Sorry- use this link Press
[url]
http:///2EK14pu[/url]
Not going as well.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:53am On Oct 25, 2018
Why did someone suddenly clear the hanging units of JB @ N21.00 today that the board is meeting?
More supply loading... grin

#justobserving.. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:35am On Oct 25, 2018
FCMB huh
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:11pm On Oct 24, 2018
currentprice:
Aiico yet to release Q3 but based on Q2 numbers this company have the best selling discount right now .

depend on the confident you have for insurance sector sha but dont expect consistence at FY

grin grin grin
grin grin grin
In this sector, a lean cow can swallow seven fat cows and become leaner... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:05pm On Oct 24, 2018
onegentleguy:
Report reaching me from a very reliable source has it that CAVERTON OFFSHORE SUPPORT GROUP had in the past few days acquired a helicopter PTS for €8M, through a bank facility from BPI FRANCE.
...provision was made by the THALES GROUP, and secured by the ECA branch of France.

The management of the company has also concluded and signed a new lease agreement with MILESTONE AVIATION.
There is also an expected upcoming deal with the THALES GROUP.

The breakdown to these reports and more shall be made public in due course.

Regards.
http://www.nse.com.ng/Financial_NewsDocs/24002_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC_CORPORATE_ACTIONS_OCTOBER_2018.pdf
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 7:25pm On Oct 24, 2018
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 6:37pm On Oct 24, 2018
DOLLARTEX:
but the chairman of this company is the respectable pat utomi I think. Ridiculous!
They are mostly book smart but have nothing to offer on the streets.. angry

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