Toluway:

If i don't solicit for your stock memos, would you kindly maintain your lane, champion.

Senior man, no vex abeg

emmanuelewumi:



So what were the other parameters used for the comparison between Dangote cement and Dangote Sugar

Una go just wake up from sleep, come dey find senior civil servant wahala

na so una dey do for here?

YoungBuffet:


Forget that talk bro, u never see anything devaluation happened around 2013/2012 oil tank what happened to market? Same repeated in 2015/2016 what happened to the market? Go and research that too an assignment for u. They will only manage the falling till they are done. Book mark this.

You are still not getting the point. Nigeria has never had a true float despite having policies and frameworks in place to float the currency.

This is the first time that they are attempting to test this waters. If you read the CBN press release, you will see this implementation is based on a 2017 policy that was never implemented.

Anyways, do what is right for you.

YoungBuffet:
Opportunity to buy more oo index heading to 90k. PBAT not here to joke. Joke apart for those who cares to listen those guys that have been accumulating all thse while this is the time for them to offload and they will be managing so the price don't drop any how so don't be deceived ooo much offers coming na pump and dump. Let me add this with the weak price of oil we are going back to where we started the race

And if they offload, what will they buy with the money?

You don't seem to understand what is already happening in the economy.

This float announced by the govt yesterday is going to lead to a serious devaluation of the naira in the short-term until FPIs are convinced that the government is sincere and not like Buhari.

then the inflow of dollars will be massive and most will go into stocks.

Assignment for you: Go and research the effect of devaluation on stock price and the best asset class to hold in the face of impending hyperinflation.

purity2all:
My ogas,

abeg between FCMB and Fidelity, which is the better option at current rate?

Once you verify that naira has been floated, buy both.

I just read a bit of the floating news on Bloomberg terminal, though they still didn't say its confirmed.

I am awaiting CBN confirmation and refreshing their site by the minute.

Once confirmed, you wont see any stock on the floor as MSCI and everyone that ran away will rush back.

yMcy56:

Give your own advice and warning too sir.
He needed to be able to make right choice.....only that he's being here all these while and could have asked when there's option of cherry-picking the much better one.


Whichever one you decided to do, try and post it here to be able to get much better guidance.

Don't buy Oando or IB, it's not stock for your type.

Liquid Dividend paying stock is much preferable.
Leave your LASACO. It's good.

Mercy has chosen to be humane to you. Always remember that you are responsible for your trades. If your money go, na you e go pain, not me

Ladasha:
Offloaded 58% of my Access stake at #15.7 at 60% gain today.
I hope Access gets to #17 bus stop.......before the 'generational lows'.
Now, I will deposit the proceeds in mutual funds awaiting the generational lows for a buy back.

To all the contributors to this thread, thank you all for your invaluable contributions. Gracias!
I stop by here everyday to learn.
If a newbie like me can make small money in NGX, anyone can
following the insights shared freely here.

If the float news is true, you are going to regret this move soon bro except you buy another good company's share.

Boshins:
https://nairametrics.com/2023/06/14/breaking-banks-told-to-trade-forex-freely-in-nigeria/

Wow!

If this is true, then nobody should sell their share as along as the company is not a portfolio company.

Prices are going to correct, even to the last real company.

japaul no follow sha.

Most company's results are also going to be wowwwwwww, due to translation gains

comatekeke:

I will be sharing screenshot of my portfolio here for advice.
Any advice?

You are setting yourself up for a big fall with the route you are taking.

We are all here to make money from the market including your advisers and your money provides the liquidity for us.

I just hope someone doesn't hand you a cage of monkeys soon.

Mpeace:
If you dey queue for company wey dey on full bid and e no be like say dem go give u anything today, pls and pls carry you money come hep me move mtn. Hep a brother in need abeg

MTN is up 17.70 today

I just hope these Bulls are not from Daura

Agbalowomeri:


Then you don't know me Lol
The 'Dr' is a 'Prof'

Pardon Sir. Congrats

Agbalowomeri:


Lol dump ke. Na one stock I get and I am not selling less than 40. I am not even selling this year

Dr. B. I know you more than you know yourself.

Your hand go dey trigger this period awaiting any red sign

ositadima1:


Tony Elumelu, through his investment firm HH Capital Limited, and almost all of his close family members, bought close to half a billion naira worth of shares in UBA. I knew something was up. I was even wondering why now, when UBA was trading at far lower prices last year and even early this year. Could it be that he got wind of something that was coming? Will this trend continue into next week and beyond?

Boss, na you be the market technician na. You should be telling us your findings

Agbalowomeri:
Short term traders Thursday is a good time to take profit

When you see this type of advise from Agba, it means he wants to dump on you tomorrow (that's if he is not dumping on you already). Be wise

GANDALF1:


Unfortunately, that might not happen in the near future. I have been following NB's trading pattern for a while and there is something obviously going on in that company.

What it is, I do not know yet. But I suspect that the company is silently buying back the bonus shares it recently listed from the market and I might be wrong.

I also noticed that nobody is saying anything about the company (no single broker or analyst recommendation), which is a perfect cover to complete any wayo buyback in peace before announcement.

Finally, this company was just in the market a few months ago to sell CPs and yet they declared dividends afterwards. This doesn't add up, as what a company facing working capital shortage would do in the case would be to retain the earnings recorded and explain to shareholders (instead of borrowing), which leaves so much to questions as per what that CP money is to be used for. Could it be that Heineken wants to increase their control, I don't know. Are they thinking of repeating champion breweries, it is possible.

I dived in here when I saw the anomaly in trading pattern (with an unusual daily trade of 28million shares on one occasion for a stock that only does less than a million daily on a normal basis) and I am willing to wait for as long as it takes for them to reveal what is going on. If I turn out to be wrong, I take my loss and move.

THIS IS NOT A BUY RECOMMENDATION AND I COMPLETELY ADVISE THAT NO ONE FOLLOWS MY POST AS THEIR REASON TO BUY NB. DO YOUR DUE DILIGENCE AS YOU ARE SOLELY RESPONSIBLE FOR YOUR TRADES.

The journey has begun!

JAHSY:
We go school, and after graduating were unable to secure a job. Proceeded to master’s degree, but still was unable to secure a job. This made most graduates enter the street to learn one or two things, including me.

Fast forward to today, I went to buy things to use for my work, which was packed inside a carton. It was heavy that I had to put it on my head. I was stopped by an agbero to pay their levy which I refused. To cut the story short, I was beaten from top to bottom to the extent that malaria have been managing in my body system came rushing out alongside its symptoms. It was after I got home I discovered that I was badly injured, from ankle pain to cheek pain, chest pain, headache, and body temperature.

I no understand am at all!!! How will I go to the market to buy what I need, carry it with my head, just for someone to show up and say make I pay him levy for that

On behalf of Lagosians going through a lot from Lagos agberos, I beseech the government should help us look into the unaccounted levy imposed on its citizen.

Enjoy your pains

Step one of total economic collapse activated.

•Penalties stand at N41. 31bn

Nigeria has failed to service its debt to China which has accumulated to N110.31 billion in the last two years. According to report by the Debt Management Office (DMO), the China debt stock included the principal and repayment charges.

DMO said that from January 2021 to December 2022, the principal fee stood at N69, 009,417,500 ($153.85million), while the interest charges amounted to the sum of N41, 311,455,000 ($92.1million). The debts were incurred following the completion of the Nigeria Railway Modernisation Project (Idu-Kaduna Section), the Nigeria Railway Modernisation Project (Lagos-Ibadan Section) and the Nigeria Abuja Light Rail Project.

A breakdown of the data showed that in 2021, Idu-Kaduna Section’s principal fee was $ 38.46 million (N17.25bn) while interest earmarked is $ 9.5 million (N4.26bn). The Lagos-Ibadan section’s principal was not noted, although its interest stood at $ 24.07 million (N10.80bn).

During the period, the Abuja Light Rail Project had its principal amount at $38.46 million (N17.25bn), while the interest rate accumulated to $11.45 million (N5.14bn).

As at 2022, the principal on Idu-Kaduna Section was $38.46 million (N17.25bn), while the interest fee was $8.52 million (N3.82bn). The Lagos-Ibadan Section interest fee stood the highest at $ 28.06 million (N12.59bn) with the principal amount not indicated. The Abuja Light Rail Project principal was $38.46 million (N17.25bn), with accumulated interest charges of $10.48 million (N4.70bn).

The Nigeria Railway Corporation (NRC) has been able to generate the sum N11, 606,737,070 in two years despite not being able to service its N41.31bn debt. The National Bureau of Statistics (NBS) said the sector realised N5,570,998,908 as revenue which fell by N464,739,254 compared to the N6,035,738,162 generated in 2021. In 2021, railway services generated revenue of N5, 697,512,095 from passengers, with goods realizing the sum of N299, 805,884 and other income receipts earmarked N38,420,183. However, 2022 revenue indicated that N4,546,342,056 came from passengers, N416,856,190 was realised from goods and N607,800,662 was generated from other income. This indicated that while revenue generated from passengers fell in 2022, the goods and other income increased in productivity. The NRC had earlier disclosed that Insecurity is impeding the growth of rail services in Nigeria.

Source: https://sunnewsonline.com/nigeria-defaults-in-debt-repayment-to-china/

I miss the FPIs era on NSE sha.

You will just come to the market in the morning and every damn stock will be on full bid. Everybody will turn analyst with "I told you" coming from every corner. Before you know, 30% in 3 days tooo sure.

Then 5 days of straight full offer

Will that era ever return to NSE?

IHelp:

Can you kindly share your current take on caverton.
It's been long I heard you mention it.

Shhhhhhhhhhhhhh!

Cant you see that the white man has arrived the village to distribute another set of monkeys?

Caverton era has passed. We are buying only new species of monkeys now.

machine606:
Any update on our airplane (Caverton). I remember some peoples huge interest here on it early last year. I hope they are not churning out losses oh. I noticed some abracadabra on its share price on Thursday and Friday.

I am not wrong, I think Cutix FYE is July right?

Caverton AKA Kpakpakpakpa was a monkey. The monkey has been returned to the rightful owners in exchange for their funds and the whiteman has left the village. So until the whiteman returns, those holding it should be patient.

RabbiDoracle:


Bro, this stock and other brewers needs to fall below pandemic price before they can rise again based on the kind of results they have been shelling out.

So buying now isn't a good advice. IBrew nerds to fall towards 1.20 to 1.50 range. Others in the same sector needs to revisit the pandemic low based on their results of late. It is unfortunate though, but truth needs to be told.

Unfortunately, that might not happen in the near future. I have been following NB's trading pattern for a while and there is something obviously going on in that company.

What it is, I do not know yet. But I suspect that the company is silently buying back the bonus shares it recently listed from the market and I might be wrong.

I also noticed that nobody is saying anything about the company (no single broker or analyst recommendation), which is a perfect cover to complete any wayo buyback in peace before announcement.

Finally, this company was just in the market a few months ago to sell CPs and yet they declared dividends afterwards. This doesn't add up, as what a company facing working capital shortage would do in the case would be to retain the earnings recorded and explain to shareholders (instead of borrowing), which leaves so much to questions as per what that CP money is to be used for. Could it be that Heineken wants to increase their control, I don't know. Are they thinking of repeating champion breweries, it is possible.

I dived in here when I saw the anomaly in trading pattern (with an unusual daily trade of 28million shares on one occasion for a stock that only does less than a million daily on a normal basis) and I am willing to wait for as long as it takes for them to reveal what is going on. If I turn out to be wrong, I take my loss and move.

THIS IS NOT A BUY RECOMMENDATION AND I COMPLETELY ADVISE THAT NO ONE FOLLOWS MY POST AS THEIR REASON TO BUY NB. DO YOUR DUE DILIGENCE AS YOU ARE SOLELY RESPONSIBLE FOR YOUR TRADES.

Krisuba:


Ur two dates are 1month apart not two days??

Closure date is not really a finance term and only exists in markets like Nigeria where analog processes never go out of fashion

Where markets are fully digitized, once you buy a stock, your name automatically enters the register of shareholders and any thing that happens after that day affects you. If a proxy is sent out the next day, you will get it. Same with dividends

But one smart dude in the Nigerian space thought of taking a few days to open the stockholders register and reconcile the names there against NSE’s/CSCS’s record and it became a thing.

In summary, as long as you held the stock the next day after the qualification date (originally known as ex-dividend date) you will get the dividend even if they decide to close and reconcile the books in 1 year time

Streetinvestor2:
Bro you need serious deliverance, from that spirit, lol.And it will take more than a day to get it out.....na joke.I remember a member here who is into building ashawo houses.You need to make him your personal fnd.I can't remember if it is here or SMN

Does the member’s name start with L and ends with Y?

emmanuelewumi:
Earning Growth analysis of some of the businesses that recently released their 2022 results.


One of the way to grow wealth through the stock market is to invest in businesses that are consistently growing their earnings and the return on invested capital is higher than their Weighed Average Cost of Capital.


In my analysis I looked at the 5 years compounded annual earning growth rate, 3 years compounded annual growth rate, year on Year growth, average 5 years EPS and the percentage difference between the average 5year EPS and the current EPS.


Dangote Sugar

5yr CAGR 24.9%
3yr CAGR 59.6%
YoY 145%

5y average EPS N2.37k
Current EPS N4.51
Diff between current EPS and average EPS 90%



Dangote cement

5yr CAGR 11.5%
3yr CAGR 7.4%
YoY 6.5%

5yrs average EPS N20.6
Current EPS N23.87
Different between current EPS and the average EPS 15%.
Pls note that yr1 EPS of Dangote cement was adjusted for tax credit or pioneer status waivers


BUA
5yr CAGR 12.1%
3yr CAGR 18%
YoY 12%
5 years average EPS N2.28k
Current EPS N2.98k
Difference between the current EPS and the average EPS is 30%


Lafarge Africa

3 years CAGR 30%
YoY 5%
3 years average EPS N2.00
Current EPS N3.33k
Difference between the current EPS and average EPS is 66%.
Please note the analysis was done for Lafarge over a period of 3 years after the business was turned around.


Vitafoam

5 years CAGR 49.5%
3yr CAGR 13.7%
YoY : Flat
5yr average EPS N2.28k
Current EPS N3.53k
Difference between the current EPS and average EPS 53%


MTN

5yr CAGR 25.5%
3yr CAGR 32.7%
YoY 21%
5yr average EPS N11.90k
Current EPS N17.80k
Difference between the current EPS and the average EPS 49%

Nigeria Brewery
5yr CAGR (8%)
3yr CAGR 35%
YoY 4.3%
5yr average EPS N1.73k
Current EPS N1.68k
Difference between the current EPS and average EPS (4%)
Note that earnings retrogressed in Nigeria Brewery in the last 5 years, the current EPS is 4% less than its average 5yrs EPS


United Capital

5yr CAGR 30%
3yr CAGR 28.6%
YoY (14%)
5 yr average EPS N1.50k
Difference between the current EPS and the average EPS 43%



Nestle
5yr CAGR 5%
3 yr CAGR 11.7%
YoY 22.3%
5yr average EPS N54.70k
Current EPS N61.80k
Difference between the current EPS and the average EPS 13%


NASCON

5yr CAGR 6%
3yr CAGR 42%
YoY 89%
5yr average EPS N1.30k
Current EPS N2.06k
Difference between the current EPS and the average EPS 59%.


This is just an earning growth analysis, you need to carry out your financial health/earning quality analysis, value creation analysis of the businessess before making a decision

Where is that guy looking for stock recommendations

Food don done o. Told you that once belle don full, you will be fed

Streetinvestor2:


. Unfortunately I cant add him or anyone as I am not admin but everyone that has spoken so far are admins of some of the groups.

Add him ooooo

;DWhy do I have a feeling that you are not straight based on this statement Only four person has responded to your previous post.And they are members here I don't see reason for them to deny if they belong to such group .

My brother, just like you said, it’s your feeling and nothing concern me with your feelings

You can use your feelings to boil sand or cook stone, not my problem.

As long as it is not affecting my portfolio and profits, keep feeling

Nobody wan gree say dem dey group again o whereas I dey sey una posts for the ones wey I dey until now

Make una add that guy jor. Unfortunately I cant add him or anyone as I am not admin but everyone that has spoken so far are admins of some of the groups.

Add him ooooo

Vikkydotman:
My take is:

1. Do not borrow money to invest
2. Search for company with Good fundamentals over the years
3. Research the company for future developments
4. Time your entry ( buy when the stock starts to advance)
5. Time your exit.

From my experience if you buy good company at almost the turn of the year you always make a decent gain before the results and if the result is good you are in for good money.

For now I buy Dangote Sugar. ( cheap, market leader, good dividends over the years, great future plans)
Please let know what others are buying and simple reasons?

Incase you are not aware, there are more than 5 NSEMPA WhatsApp groups where the members discuss and strategize on stocks before announcing it here.
So no one is going to tell you the stocks they are buying until they have gotten their fill and are ready to dump on you.
You can liase with Mcy or Pa Emma to add you to theirs.

BabsO2:


I thought someone quoted they recorded some losses in comprehensive income that shaved some value off shareholder funds (perhaps due the Ghana debt issues). Hence some of the recorded increased earnings in 2022 may be at risk in 2023.

Can see a lot of bids for UCAP right now

All these hidden stones you guys are throwing around like cowards without calling names, always remember that you are not the smartest person in the market and that the market will eventually do its thing.

Trying to prove correctness on this exchange will only ensure you go broke in the long term.

essentialone:


I heard news that SEC has registered the bonus shares. I checked my portfolio, of course it was not there. I know it will never be there because most stock brokers are push and start. You literally have to remind them before they can get anything done. So I mailed them today to immediately add the bonus shares to my trading portal. Few minutes later, I checked again, and Voila! It's there chilling and smiling back at me, wondering what I will do to it. Lol


Please ooo, where are our stock experts? NB is it good for Hold it, Buy more, or Sell off?

when was the qualification date for this?

Also, you can hold it until after tomorrow and sell, so that you will also get the dividend.

Lion123:


Foreign investors are not coming in anytime soon because they hate Tinubu's guts. Let me use this medium to say God punish Mahmood Yakubu. Thunder fire his left nyansh.

mogbeeeee