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DrAwo's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 1:02pm On May 05, 2020
Bid for 1million units of Caverton sighted... shocked
Shooooo...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 7:28pm On May 04, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:10pm On May 04, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 3:40pm On Apr 30, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:26pm On Apr 30, 2020
@Circleofwilis
I see you lurking about in the shadows, monitoring things... I hail...
May you never become aneurysmal...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:06am On Apr 29, 2020
rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29817_VITAFOAM_NIG_PLC._FINANCIAL_STATEMENTS_APRIL_2020.pdf
Marked reduction in cost of sales quarter on quarter... How was this achieved?? Cheaper raw materials?? How sustainable is this going forward?

Good result though...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:57pm On Apr 28, 2020
gabscity:
I disagree a little bro. The breweries are making huge money but they can never do well with the present PMB administration. Guinness for the example is making mega bulk from stout and spirits, NB doing very well in Beer( Heneiken, 33, Goldberg). If it was possible for Buhari, he will stop the breweries from operations completely. For me, We would likely see more lows in this industry.
maishai:
I believe its more of Govt policies not favouring this Industry, same with Petroleum Marketing.............Between this 3 I believe they have got the R&grin to match any thing the Alomo bitters of this world have to offer, I saw what Origin did for Guiness....... The Industry has lobbied relentlessly for waivers from this Government but no deal has been brokered hence their poor Showing....... This stocks are what I call Election stocks for now as their hopes for a rise hinges on a change in Govt policies
I have just gone through the transcript of their H1 2020 investor conference call and I can see your point now... Seems the increase in excise duties has contracted their margins... Thanks for the eye opener...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 9:39pm On Apr 28, 2020
gabscity:
I disagree a little bro. The breweries are making huge money but they can never do well with the present PMB administration. Guinness for the example is making mega bulk from stout and spirits, NB doing very well in Beer( Heneiken, 33, Goldberg). If it was possible for Buhari, he will stop the breweries from operations completely. For me, We would likely see more lows in this industry.
I honestly do appreciate your opinion and insight... But how has the PMB regime directly impacted the brewers negatively?

Looking at the top line of all the 3 major brewers in their recently released results, there has barely been any growth at all in their revenues year on year... Not sure how this can be attributed to PMB...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 8:00pm On Apr 28, 2020
eimuhb:
What is driving Guinness 52 week low price?
Coolcash1:
How are the mighty fallen. Will IB ever rise again?
The Nigerian beer market is facing stiff competition from the imported spirits, wines and vodka which the younger generation who drink tend to align more with these days...

The 3 major brewers (NB, IB and Guinness... In no particular order) are also jostling amongst themselves for market share...

They need to start thinking of diversifying...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:33pm On Apr 28, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:30am On Apr 28, 2020
veecovee:
Gtb 2020
This 14.40 resistance will not let zenith pass...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:19am On Apr 28, 2020
Bids outweigh offers on Guinness now... Trades now showing green today after all the red in recent times...

Are the bulls taking over here?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 8:52am On Apr 28, 2020
emmanuelewumi:
You have dialed the wrong number
God bless you for this Pa Emma...

I for like borrow the bros my license so he can work on a COVID positive ward for 1 week and collect my "new and improved hazard allowance" for the month...
grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 3:31pm On Apr 27, 2020
3 days to zenith banks Q1 results...
Fingers crossed...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 3:28pm On Apr 27, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 11:24am On Apr 25, 2020
TLAX:
At this stage I am watching videos on technical analysis and chart patterns. I am not much of a trader but I think there is a lot of value in understanding how traders think. Lots of free stuff in youtube and there are also many free written material on the web.

Let's see how it goes.
Also learning technical analysis as I've discovered it complement fundamental analysis which I'm more accustomed to... Initially thought technical analysis won't work for our market but I know better now...

Got some books, still reading and watching videos like you said... Quite informative and interesting...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 8:50am On Apr 25, 2020
emmanuelewumi:
It appears the company might not make profit for the year 2019, because I can't explain the reasons behind the rapid fall in the share price in the last 6 weeks
Unaudited Q4 2019 shoes EPS of 15k though...

Audio earnings?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 7:33am On Apr 25, 2020
eziokwunwoko:
SKYAVN has dropped from 4.64 in April 2019 to 1.56 April 2020. I am waiting for it at 50k. At the price of 50k is it A BUY RECOMMENDATION.
Please pass Emma, OGG etc your fatherly advice
Haven looked at their last few financial reports, they seem to be doing something right...

Debt is down, earnings are up... They will certainly take a huge hit from corona but will it decline to your target entry of 50k? Time will tell but there are better companies to invest in on the bourse...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:58am On Apr 25, 2020
eziokwunwoko:
SKYAVN has dropped from 4.64 in April 2019 to 1.56 April 2020. I am waiting for it at 50k. At the price of 50k is it A BUY RECOMMENDATION.
Please pass Emma, OGG etc your fatherly advice
Why are you interested in SKYAVN?
Have they added a new product line or service?
Who are their CEO/ board members?
Has earnings grown over the past few years?
Why did their share price decline?
Has there been a correction of the factors that caused their declining share price?
How will Lockdown affect their earnings this year considering they are in the hospitality/ aviation sector?

Answer these questions and I'm sure you'll have an answer to the question you asked...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:50am On Apr 25, 2020
I feel quite ashamed to be associated with this thread considering what has transpired lately...

We are bigger than this and need not stoop so so low... Haba...

What a way to waste the last few pages of the thread!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:22pm On Apr 24, 2020
CashDiMkpa:
A total debit of about N1.4 trillion was passed to the banks this week as special CRR. Nobody remembers to factor in cost of regulation in the different valuation models for banks.
You are correct... Its 1.4trillion that cbn debited...

The 600billion article is from a precious similar action last year. My interest in posting that was just that the banks aren't losing the money debited....

Kasala for burst plenty plenty...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:00pm On Apr 24, 2020
DrAwo:
https://nairametrics.com/2020/04/24/breaking-cbn-debits-banks-n1-4-trillion-for-failing-to-meet-crr-targets/
https://www.google.com/amp/s/businessday.ng/exclusives/article/banks-fined-over-n600bn-as-cbn-hits-ldr-defaulters-again/amp/

"The sanction of N600 billion means that banks had a loan shortfall of around N1.2 trillion from the required value of loans that will have enabled them meet the 65 percent LDR policy. [/b]While the banks will not lose the money taken as sanctions, they will forfeit any interest they would have earned on the deposits. [b] Analysts told BusinessDay that banks may be losing up to N6 billion monthly in interest income due to this December sanction."

Some clarification from a previous similar exercise...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 5:41pm On Apr 24, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 7:47am On Apr 24, 2020
When the elders are speaking, the learners pay rapt attention...

#QuicklyPicksUpPenAndPaper...

Oya continue...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:13pm On Apr 23, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:08pm On Apr 23, 2020
PharmAlfred:
http://www.nse.com.ng/Financial_NewsDocs/29738_ACCESS_BANK_PLC._FINANCIAL_STATEMENTS_APRIL_2020.pdf
I initially raised an eyebrow at the approximately 60% increase in other operating expense quarter on quarter.

Q1 2019 represents only the old Access Bank while q1 2020 is Access + Diamond...

The merger improved the top line but was almost not felt at all in the bottom line... Effect of coronavirus onlyhuh Or still finding its feethuh

Hope Zenith doesn't follow the same route post purported merger with union...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:45pm On Apr 22, 2020
Strong support for Zenith at 13.50 but resistance at about 13.70...

Lets see who wins...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:34pm On Apr 22, 2020
Biafran4life:
Why is their no offer less than 6.75 for UACN still
Prices can only move up or down from the previous days close by 10% daily...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 11:38am On Apr 22, 2020
Biafran4life:
Pls does it mean if this companies classified as discontinued operation didn't exist or remove.Uacn would have made about 19,9 billion naira profit instead of 9.3 billion lost
Going by what was published, they would have made about N5.4 billion profit...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:20am On Apr 22, 2020
stcool:
Trump that posted about an oil deal is now posting Plenty of Oil grin grin grin grin
Check the date on that tweet by Donald Trump... Was posted in Sept 2019...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 1:49pm On Apr 19, 2020
meshpips:
Greetings everyone,

if you currently have ZENITH shares in your holding, please do well to sell it off between 15.89 (price already touched this level) last week and 16.35 region.

I expect price to sell off and retest the 11.90 support and possibly deeper in the sub- ten level before we can see further buying.

All the best everyone!
Thanks for posting this...
All opinions are welcome irrespective of whether they are bullish or bearish...

In the end, each individual is the captain of their ship...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 7:00pm On Apr 18, 2020
ebuka1997:
Have you seen some q1 results coming out they don’t seem too good
Most of the bad q1 we've seen so far are from companies that were struggling even before now...

Africa prudential registrar q1 wasn't that bad at all... I expect the q1 from the blue chips to start rolling in next week...

That might be a better measure of how things go...

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