₦airaland Forum

Joyful365:
Cashflow is tight and money is losing value sitting idle waiting for the market to crash.

If you put money in TB it'll take one whole year, within which opportunities may come and go.

Can anyone guess when this bull run will end?

Right now most stocks looks overpriced and the ones with fair prices have very terrible fundamentals.

Never knew holding assets in USD can be so illiquid when you want to convert to ngn and put it in a good stock.

oluseg2:
Dear house, kindly advise me on this please. I registered on Monday 11th August

Thanks

emmanuelewumi:
I get loans for stock investment from my stockbroker or their sister companies. Talk to your Stockbroker

Loans for trading stocks are not usually structured for monthly payments but for quarterly or semi annual payments.


The value of the portfolio does not actually matter is you N170 million portfolio generating a dividend income of N15 million per annum. If yes your portfolio can conveniently service the N30 million loan.


Personally I don't do business with stockbroking firms that can grant me loans when I identify opportunities in the market

emmanuelewumi:
But it is selling at a premium to it Book Value of 6. It should sell at a discount


The net asset of about N23 billion could only generate a meagre revenue of less than N70 million in 9 months

Dupeodus:
Yes, I know that. The multiples of book value over capitalization and low p/e ratios are the primary reasons I reallocated my portfolio to the quality banks. However, a single incident of write off of a large troubled asset can wipe off the shareholders' funds and the p/b ratio is suddenly not as juicy as it looks.

NajibatAde:
Hi everyone! A quick one, pls. In 2009, my father acquired Zenith shares, I think directly from them which he was issued a certificate of proof. He does not have a broker. Does anyone know if I can transfer the said shares into my portfolio, and how I would go about it?

Dupeodus:
Think about it. Every bank is motivated to show profit and declare dividends no matter what. Otherwise, the bank will invite a run which spells doom. Per book, a bank's assets will always be greater than it's liabilities. The question is the quality of those assets. As long as you continue to have deposits, even if the assets are not performing or performing poorly, the bank will still have cash to create more asset and pay dividends. The truth is this has been the case recently, otherwise, CBN will not be talking of forebearance. This situation may not be as dare as I am making it out but I believe there is some element of it right now. Otherwise, you'll not be seeing to he p/e ratios of banks at between 1 and 3. It's not been so historically.

Dupeodus:
You have not factored in risks. Most banks have their p/e ratios between 1 and 3. This is because their asset qualities are not quite transparent, especially with the talk of forebearance. Almost all of them have high concentration loans to a single obligor in the energy sector. Any mishap can turn that p/e ratios to 100 or even negative. I should disclose that I just reallocated my portfolio to the high quality banks except GTB despite what I just said.

Agbalowomeri:
So you think na people's deposit dem dey use pay dividends?

Dupeodus:
Money is fungible. Globally, almost all banks that failed continue to pay dividends until the regulators step in.

Dupeodus:
50 x sales is crazy! Not for any Nigerian company.

Dupeodus:
Banks are different from other companies because they take deposits. As long as deposits keeps flowing in, they'll be able to pay the dividends, even with questionable asset quality.

Dupeodus:
You have not factored in risks. Most banks have their p/e ratios between 1 and 3. This is because their asset qualities are not quite transparent, especially with the talk of forebearance. Almost all of them have high concentration loans to a single obligor in the energy sector. Any mishap can turn that p/e ratios to 100 or even negative. I should disclose that I just reallocated my portfolio to the high quality banks except GTB despite what I just said.

SonofElElyonRet:
But street your "comrade in arms" on nsempa bought Oando yanfuyanfu.. una two don dey confused sef

GeeKudi:
He is buying already. Same thing he did with OANDO.

You missed out on a stock, rather than waiting for the next window to get in, you constitute yourself to a nui.sance on the thread.

Streetinvestor2:
Thr audio billionaire and gang has thr remote control to press MU..bottom any how /time. lol

Streetinvestor2:
It is not smartness. It is u being not straight or fraudulent. They have shown it in many ways from the days of taking stock brokers for paparazzi. The secret of the true farm,head office and the mill in progress. Then the charades of the last agm.The debt conversion and incomplete quater results .
This present management is the biggest problem. I have always said it because I have understanding of how that sector works than any sector. The landbank alone should make that business to be making enough revenue to cover expenses before the oil business even if u don't want to do it directly. U could have leased it out in portions to smaller farmers to generate revenue for expenses

SonofElElyonRet:
Adonbilivit

faoogoke:
Some people don become motivational speaker

This NGX market dey humble people o!

Streetinvestor2:
It is not smartness. It is u being not straight or fraudulent. The have shown it in many ways from the days of taking stock brokers for paparazzi. The secret of the true farm,head office and the mill in progress. Then the charades of the last agm.The debt conversion and incomplete quater results

ojeysky:
They are already working smart that's why the stock rose from 3 to ATH of 19. Whether their smartness is for the good of the company or for themselves is left for time to reveal

nosa2:
I'm sure after running the milk for a few months they'll be able to give accurate estimates

emmanuelewumi:
At a profit margin of 50% that will give a PE ratio of 100

crownprince2017:
Stop talking about what you don't know, do you know how many hectares of cassava on ground? Do you know ROI on cassava plantation...

Well, keep digging that is just an hint to tell you you that 1b is the easiest thing to reach within a year or less.

SonofElElyonRet:
No mind. EDU

nosa2:
They can't make accurate projections when milling never start.

They'll be estimating uptime which will be hard to do given the so many potential unforseen circumstances

emmanuelewumi:
Not sustainable but people with privilege information about the business would have cashed out and invested in order assets or investments pending the time the business will start generating reasonable revenue and making profit.

How can a business with a market capitalization of about N50 billion generate a revenue of about N100 million for the year

That will give a Price/ Sale ratio of about 500 when the average in the industry is 3.5.

Streetinvestor2:
That has been part of my call but the gang keep coming for personal attacks
I asked what is the figure probabilities for 1-5 yrs for 3 tonnes Mills running at full capacity.
And they say is not necessary. That the only thing important is it is in the same business with presco and okumu company.

emmanuelewumi:
That is how it should be done but it appears insiders are cashing out from the PR, endless growth stories, and stock price pumping

emmanuelewumi:
I think management should just come out and give shareholders the expected revenue in Naira from 2026 to 2030

This will enable shareholders to have an idea of what to expect.

We can see the Revenue and operating forecast of the oil palm plantation Presco is planning to buy for about N68 billion

nosa2:
10 years is too far oh. I'm looking at like 4 years time