ositadima1: Transcorp's 2023 Free Cash Flow to Equity (FCFE) per share was 0.93 (please do ur own calc. here), and they are paying out 0.2 as dividends. It's important to note that FCFE represents the free cash available to shareholders after all expenses and reinvestment needs have been met.
When I plugged the 0.93 FCFE into my Monte Carlo simulation, it produced a valuation range of 11.98 to 24.13. Based on this FCFE analysis and discounted valuation, I believe the stock is undervalued.
emmanuelewumi: You can then use the return from the investments made to
1. Upgrade your lifestyle 2. Marry a second wife if that is your wish 3. Paint the town red 4. Change your car 5. Get that chieftaincy title 6. Go to Jerusalem or Mecca. 7. Have that vacation you been dreaming off 8. Pepper your enemies
As much as possible make sure you don't touch the capital, rather you are growing and compounding it
Streetinvestor2: That is good buy if you got sugar at that price. I didn't see when it got to that price.I bought few sugar at even #60 but I was averaging up so it didn't matter.
The 29.50 price is for salt... Shebi laslas all na Dangfoods
ositadima1: LOL, I only lost 800k. I sold just below my buy price. I've already put it to good use elsewhere, and I have recovered. I'm planning to sell that one too. I'm scraping 10-10 where I can, and I'll come back to sugar next year after the results.
800k only? 800k will be only for me soon in Jesus name Amen
aj8: Always take profits off the table. RT BRISCOE is at 1.33 . Target remains same. Same goes for Veritaskap . Take profits along the journey and bank. I took off some of my Veritaskap not minding the full bid.
Streetinvestor2: Rice has always been in the marger but was not physically on ground. The arrangement was for 1 rice you have 11 sugar. Which I screamed it was a scam from alhaji to take more sugar for himself without us really knowing what rice was bringing to the table
I meant his worry about the loss in Sugar and how the merger will help. I was trying to remind him that with the merger, rice would come on board. I also want to believe that the investment in the biological asset would turn things around when it starts yielding
Streetinvestor2: It is very possible but the stock will hover around 13-15 for a long time.You target is possible if Q1 2025 does not come out well to defend 18B Os
I don't mind at all. I'll wait patiently and be on the lookout
Streetinvestor2: You know you are here because you want to trade not for long time.You know you want to sell at #15 and you then see the stock at #16 bid .what stopped u from selling. Then you now see it below #15 the next day.You rush to put sell order below #15.Truely you see the market as betnaija you can cash out at even small gain.You will only end up making money from the market to eat food.While you hear others in the same market becoming millionaire and creating real wealth
My oga.... Sometimes, turnover helps build the needed capital faster to be able to invest heavily for a long term timeframe.. I humbly speak from my personal experience
mikeapollo: Why not grant Wale some benefit of the doubt and take advantage of the current positive wave in Oando? Do you think Wale would like to add his name and join the queue of another ''Tinubu'' to be bashed and cursed by Nigerians? I think he would like to do something to redeem the negative image that president Tinubu has caused their family!