₦airaland Forum

jckgroup1:
Good morning dear Investors and Traders.

Oga EmmanuelEwumi and Emmaodet; kindly pick two stocks to invest margin facility. Tried DM to no avail.

Oga Emma, entering Presco at this current price is it advisable or wait for a pull back?

Counsel will be well appreciated from Senior Analysts and Investors.

Best regards.

If i get you right, do you want to be doing margin trading? or you are using the margin loan to buy stocks, payable with your external cash like salary etc?
I but with margin loans when i sight opportunities and payable with the FCF from my mutual funds

Raider76:
No let Ginalex hear you loud Transpower

Lol.
It was not on my list before but i saw a ratio that caught my eyes with the stock.
The Capex/OCF of 20% per year from 2022 to 2024 is awesome. I want 20% or less.
While FCF numbers inform us about the total number of excess cash, the capex to cash flow ratio tells us how efficiently FCF was generated.
What you want as an investor is a capital-light company that requires little money to run and spits out a disproportionately high amount of cash on regular basis.
So using this metric, it takes 20% of capital expenditure in Transpower to consistently generate 80% cashflow for us.
Analyzing stock histroy, there is a connection between low capital expenditure and good share performance.
A company should be financially flexible to handle surprises that arise sooner or later like - Inflation, bad economy, new competition, the need for expansion.
Capex/OCF give investors a quick overview about what matters: How much cash is needed to generate X amount of cash.
The less, the better.
In Transpower, it takes 2b in capital expenditure to generate 8b in FCF as an example

jckgroup1:
Good morning dear Investors and Traders.

Oga EmmanuelEwumi and Emmaodet; kindly pick two stocks to invest margin facility. Tried DM to no avail.

Oga Emma, entering Presco at this current price is it advisable or wait for a pull back?

Counsel will be well appreciated from Senior Analysts and Investors.

Best regards.

Stocks i will recommend -

Presco, Okomu, Nahco, Transpower, GTB, Zenith, Access
Presco at 685 may look high but if you are interested, i will say go in with 50% capital you earmark for it and when you see a pullback, you buy with the remaining balance

Namaster:
This is NOT a man!

Fool is even NEGOTIATING with a woman when to get BEATEN.

This is what happens when you tolerate a LITTLE disrespect from women. It quickly snowballs into a MOUNTAIN of disdain and maltreatment.

The moment a woman disrespects you, caution her HARSHLY.
If it happens AGAIN, discharge her IMMEDIATELY!

But if a woman makes the UNGODLY mistake of raising her hands against you in violence, WRECK her!

You owe it to yourself and your ENTIRE generation to beat her like Bongo Drums.

This guy let his wife beat him up and now her BASTARDS (children are definitely NOT his) have joined in.

A whole HEAD of the family have been reduced to the family PUNCHING bag.



MADNESS!

If the situation was reversed and it's the wife reporting DOMESTIC VIOLENCE to the congregation, every one of them would be lining up to LYNCH the husband.

But now that it's the husband being PUMMELED by his wife, it's COMEDY.

MADNESS!

It is the society we see ourselves bro.
A woman beats a man, people laughing and mocking him but when a man beats a woman, all of a sudden, they all become serious and want to pounce on the man.
A man raped a lady, society will want to lynch him but when the same man comes out to say a lady wants to rape him or seducing him, they start laughing him and mocking him.

MADNESS indeed

Walai:
Can someone do us a favour and remove any life support he is surviving on.
Nature is trying to weed out another weak simp and we are interrupting the process. Let's stop interfering with nature.

2cribz:
Pussy ass nigi.i was super jealous when I never dey stay with one of my babies as far back as 2014. When she started staying wirh me,we went from 4 times a day to once a week.me come taya.na me break up.
U must not survive am,u must die

Habbeyy:
to die self no easy. He ran out of the hotel room after drinking the sniper. This is sad and funny at the same time.

Nokio2:
,which Kai rubbish hospital b dat
If better patient come make Dem give am that oxygen o..
This boy suppose dey receive him own treatment for mortuary..
Abeg anybody no d guy
if him sniper remain make him help me mosquitoes wan finish me for this Lafia heat
Water pia pia wey I dey use because of balablu economy,e come b like na energy drink for this mosquitoes o..

Omoapena:
The way this young boys drive its as if they have extra life at home..

Stocks with unusual high volume today

essentialone:
Okitipupa Plc is most likely

I will try and get it but offers are not available for now

Which stock do you think will move from Nasd to NGX?

I bought cscs at 23/share

Willie2015:
Betaglass now N=86.50
Munching my pop corn in one corner smillin
Still on bid

I valued it at 90 3-weeks ago. I think ositadinma says it can go as high as 170 abi 190 sef, have forgotten.
The value band is between 90 to 170

yMcy56:
NNFM
Now @73.20!
It's well o.....

Who is dulling JAPAUL around this time self?
Including Loco's CHAMS?

My valuation for NMFM is 100/150 based on their eps and low p/e. Tried buying it around 40/50 but no offer

essentialone:
*If someone is not replying to your chats or messages, just message the person, "Send your Account Number". You will be surprised the total number of nonsense people we have in Nigeria.*

LordAdam16:
Happy New Year, emma!

Trust you're well.

-Lord

I am fine bro and you? how is family? work/biz?

essentialone:
*FIDSON HEALTHCARE ACHIEVES 27% GROWTH IN FY 2024 PRE-TAX PROFIT AS FULL-YEAR REVENUE HITS N84 BILLION*
Fidson Healthcare PLC has reported a full-year pre-tax profit of N7.5 billion in its recent unaudited financial report, published on the Nigerian Exchange (NGX) on January 30, 2025.
This represents a 27.31% increase from the N5.9 billion reported for 2023, with fourth-quarter pre-tax profit reaching N2.3 billion—an increase of 282.35% from the N627 million reported in the same quarter last year.
In terms of revenue, Q4 saw an increase of 92.96%, totaling N24.4 billion compared to N12.6 billion in the same quarter last year.
Overall, total revenue surged by 58.70% in FY 2024, climbing from N53 billion to N84.1 billion, primarily contributed by ethical goods, which made up 65% of sales, and Over-The-Counter (OTC) products, which accounted for 31.3%.
Key highlights
1) Administrative Expenses: N8.7 billion, +33.31% YoY
2) Cost of Sales: N49.2 billion, +54.09% YoY
3) Finance Costs: N5.4 billion, +161.38% YoY
4) Finance Income: N60 million, +160.87% YoY
5) Gross Profit: N34.9 billion, +65.69% YoY
6) Operating Profit: N12.9 billion, +62.17% YoY
7) Other Gains: N636.7 million, +28.11% YoY
8.) Pre-tax Profit: N7.5 billion, +27.31% YoY
9) Revenue: N84.1 billion, +58.70% YoY
10) Selling and Distribution Expenses: N8.1 billion, +46.37% YoY
Commentary
Fidson Healthcare reported a full-year revenue of N84.1 billion for FY 2024, marking a year-over-year increase of 58.70% from N53 billion in FY 2023.
1) The revenue composition shows that ethical goods accounted for N55 billion, or 65% of total sales, while Over-The-Counter (OTC) products contributed N26.3 billion (31%), with Consumer Healthcare Products making up the remaining N2.8 billion.
However, the cost of sales rose by 54.09% year-over-year, totaling N49.2 billion, up from N31.9 billion in the previous year.
1) The costs associated with ethical goods and OTC products represented a substantial portion of these expenses.
Despite the increased cost of sales, the company’s gross profit surged to N34.9 billion, reflecting a year-over-year increase of 65.69% from N21 billion.
Fidson’s ‘other gains’ increased by 28.11% YoY to N636.7 million, up from N497 million the previous year, primarily due to N468.6 million in amortization of government grants and N153.7 million from scrap sales.
However, administrative expenses rose by 33.31% year-over-year, and selling and distribution (S&d.) expenses climbed 46.37%, with sales expenses representing 53.4% of the total S&d. expenses and logistics accounting for 39.0%.
Despite these cost pressures, the company recorded strong operating profit of N12.9 billion, a 62.17% increase from N7.9 billion reported in the prior year.
In contrast, finance costs spiked by 161.38% YoY to N5.4 billion, largely driven by rising interest on loans and other financial liabilities.
However, finance income saw an increase of 160.87%, reaching N60 million compared to N23 million in 2023, entirely attributed to interest earned on loans and receivables.
Ultimately, Fidson Healthcare reported a full-year pre-tax profit of N7.5 billion, reflecting a 27.31% year-over-year increase from N5.9 billion in the previous year.
Asset position
In FY 2024, Fidson reported total assets of N73.3 billion, reflecting a significant increase from N61.9 billion in 2023.
1) Non-current assets for 2024 amounted to N25.6 billion, up from N23.7 billion the prior year, with property, plant, and equipment constituting a substantial portion at N24.8 billion.
2) Current assets also saw growth, reaching N47.6 billion compared to N38.2 billion in the previous year.
3) This increase was primarily driven by inventories, which totalled N23.9 billion, and prepayments, amounting to N12.5 billion.

The break-down is good but at the end of the day, you have to value it and give a number else, it won't make much meaning to the average investor.
How much does Fidson worth after the financial breakdown?

BabsO2:
Maybe they are loading turn by turn and not in one go. Surprised I didn’t see breakdown of what was added and when. Perhaps they will load that later too.

Checked my cscs account and noticed my Access RI has been credited to my meristem account but on checking my meristem account, it hasn't reflected. What should i do?

LordAdam16:
At the end of January, Secretary of State, Marco Rubio made a noteworthy admission.
It flew under the radar for the most part.
But it is easily one of the most consequential utterances by a US SecState since the end of the Cold War.



https://www.state.gov/secretary-marco-rubio-with-megyn-kelly-of-the-megyn-kelly-show/

Pansophist started this thread in Aug 2023.
In less than 18 months, it's done.
The Americans accept multipolarism as the de facto new world order.

Pansophist, you'll need to decide the theme of the thread going forward.
The multipolarism vs hegemonism contest is over.
The Hegemony tapped out.

We're switching to an era of full-spectrum Great Power competition.
A radically different proposition.

-Lord

spicyuzo:
Today I officially join this race, and declare that It shall end in praise. Amen

Thanks @GraciousWords for the very comprehensive compilation. God bless you

Bro, pls can you guide me on how to go about it?

luminouz:
Boss...I'm having fun jare ..

Make I pepper them well before I go offline small🙂

I understand bro.
Abeg catch cruise small

luminouz:
Again..it's always about money to you lots. Don't you have shame? Everything has to revolve around money to make sense to you. How in hell do you know which country I am or how much money I have in the bank? I'm talking about values, integrity,honesty, good heart and peace of mind that comes from women who are not using men for papers and you think it's money or travel experience I lacked?

How does your generational waka-waka experience affect your attitude to your men? Or being to 20,000 countries show that you are a good woman?

Why dafuq am I conversing with these set of potato-heads nitori olorun?

Shogunxxxx:
They will be fighting over natural resources like they know what to do with it🤦

Africa and resource curse!

ositadima1:
Financial Analysis of Chams Holding Company Plc for FY 2024

1. Profitability
- Revenue Growth: Revenue surged by 53% (from ₦9.47B to ₦14.51B), driven by core segments like Printer Solutions (₦7.31B) and Card Personalization (₦6.48B).
- Gross Profit Margin: Improved from 22.5% (2023) to 30.1% (2024), indicating better cost control or pricing power.
- Operating Profit: Jumped 137% to ₦1.89B, reflecting operational efficiency despite rising administrative and staff costs.
- Net Profit: Increased 218% to ₦1.30B, with basic EPS rising from 4.53 kobo to 23.07 kobo.

2. Liquidity & Cash Flow
- Cash Position: Cash reserves grew by 26% (₦1.88B to ₦2.37B), though operating cash flow declined to ₦387.5M (from ₦533.9M in 2023).
- Working Capital: Receivables increased sharply (₦3.93B to ₦6.77B), raising concerns about collection efficiency. Inventory decreased by 62%, suggesting better inventory management.

3. Balance Sheet Strength
- Total Assets: Increased by 12% (₦18.91B to ₦21.08B), driven by investments in PPE (₦7.39B) and intangible assets.
- Debt Levels: Long-term loans nearly tripled (₦783M to ₦1.99B), pushing total liabilities to ₦10.12B. Leverage ratio (Debt/Equity) rose, indicating higher financial risk.
- Equity: Total equity grew to ₦10.96B, but retained earnings remain negative (₦1.11B deficit), though improving from 2023 (₦2.16B deficit).

4. Segment Performance
- Printer Solutions & Card Personalization: Contributed 94% of revenue (₦13.8B combined).
- Payment Systems & Agency Banking: Smaller segments (₦239.7M and ₦475.2M) but potential growth areas.

5. Risks & Concerns
- High Receivables: Trade receivables rose 73% (₦3.93B to ₦6.77B), risking liquidity strain if uncollected.
- Debt Dependency: Reliance on borrowing (₦2.31B new loans) for expansion could pressure future cash flows.
- Negative Retained Earnings: Despite profits, accumulated losses persist, limiting dividend capacity.

6. Audit & Governance
- Unaudited Statements: Results are provisional and subject to adjustments.
- Non-Controlling Interest (NCI): Increased to ₦4.80B, reflecting subsidiary performance.

Conclusion
Chams Holding demonstrated strong growth in revenue and profitability, backed by operational efficiency and segmental strength. But, rising debt, receivables, and persistent retained earnings deficits warrant caution.

Which AI are you using to analyze these financial reports bro? Claudia or Deepseek?

ositadima1:
Financial Analysis of Oando PLC for the Year Ended 31 December 2024


1. Profitability
Revenue & Profitability:

The Group reported a profit of N65.5 billion for the 12 months ended December 2024, driven by the Exploration & Production (E&P) segment (N141.9 billion profit).

However, Q3 2024 saw a loss of N10.8 billion, primarily due to high administrative expenses (N402.7 billion annually) and finance costs (N232.1 billion).

The Supply & Trading segment improved significantly, turning a profit of N61.1 billion in 2024 compared to a loss in 2023.

2. Financial Position
Assets:

Total assets grew by 109% (N3.9 trillion in 2024 vs. N1.9 trillion in 2023), driven by acquisitions (e.g., NAOC) and revaluation of property, plant, and equipment (N2.04 trillion).

Intangible assets (e.g., goodwill, exploration assets) surged to N1.27 trillion, reflecting acquisitions and ongoing upstream investments.

Liabilities:

Total borrowings increased to N2.76 trillion (2024), with significant short-term debt (N1.05 trillion).

Lease liabilities (N8.99 billion) and decommissioning provisions (N93.7 billion) add to long-term obligations.

3. Cash Flow
Operating Activities: Net cash used in operations was N545.5 billion (2024), compared to positive cash flow in 2023, driven by working capital changes (e.g., receivables).

Investing Activities: Cash outflow of N686.2 billion due to acquisitions (e.g., NAOC) and capital expenditures.

Financing Activities: Reliance on debt (N2.27 trillion proceeds) to fund expansion, leading to a net cash inflow of N1.46 trillion.

4. Key Risks
High Leverage: Debt-to-equity ratio deteriorated, with total liabilities exceeding equity (N2.76 trillion vs. N273 billion equity). Interest expenses (N232.1 billion) strain profitability.

Legal & Contingent Liabilities:

Pending litigation (e.g., minority shareholder disputes, arbitration settlements).

Contingent liabilities from guarantees and unresolved tax claims.

Foreign Exchange Volatility: N155.9 billion foreign exchange loss in 2024 highlights exposure to currency fluctuations.

5. Strategic Moves
Acquisitions:

Completed the NAOC acquisition (OMLs 60–63) for N458.2 billion, boosting upstream assets.

Expansion into Angola’s Block KON 13 signals growth in exploration but adds execution risk.

Go-Private Initiative: Ongoing court battles with minority shareholders over the N7.71/share buyback scheme could delay restructuring.

6. Segment Performance
Exploration & Production (E&P):

Revenue: N416.9 billion (2024), up 229% YoY.

Operating profit: N218.9 billion (98% of Group total).

Supply & Trading:

Revenue: N3.7 trillion (2024), with a turnaround to N70.8 billion operating profit.

Corporate & Others: Drag on profits (N135.4 billion loss), likely due to consolidation adjustments and restructuring costs.

7. Outlook
Upside: Upstream growth (NAOC integration, Angola block) could boost reserves and production.

Downside: Debt servicing, legal disputes, and volatile oil prices threaten liquidity.

Nice break-down bro

goran3310:
From this forum. Everyone likes that term for prostitutes. 😊😊

goran3310:
No. Really not. Sex, yes. But love, no. I am alone. It will stay that way. I often think about love. Love is so beautiful. I know what is love.
No.
Only sex.
No love for me.
It"s over.
Only Andjelina olosho(very hot and sexy) 2 times a week. 🥺
No love.
I was born alone. I will die alone.
No.Can't buy.

Olosho? where did you get that from?

goran3310:
Very likely. Everything depends on genes. I'm sorry but that's the truth. Genetics is almost everything.

Hmmmmmmmmmmm

tensazangetsu20:
Why tell us on Nairaland. Why not just take the next flight to Nigeria. It’s a 6 hour flight.

robobo:
I beg make dem just hold d tin till late on Friday so that the vexation to dump am go reduce small over the weekend

Omooloriredade:
Really? You reckon an EPS of N15.27 is impressive for a stock trading at N415?

That's a whooping PE of 27.18 at FYE. Why don't you compare with other companies in the same industry/sector to see if it's actually impressive or not? #Sector analysis o.

You send N415 on an errand and it returns with N15.27 earning. The bar has really been lowered sha or am I missing something?

I didn't even check the price to know the P/E