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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 3:34pm On Apr 22, 2022
Wapco need to grow up in price, the valuation for Buacement is double that of Wapco.
Only that Buacement is more efficient than Wapco, however, Buacement is having too much Receivables.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:30am On Apr 22, 2022
lexy2lexy:
Seems there was a significant increase in advance payment to transporters. Not sure what that is though.

Thank you, I am even surprise why they have to advance so much to transporters.
Besides that, the result is a good one and I am heavily invested in the stock.































Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:39pm On Apr 21, 2022
DeRuggedProf:


https://doclib.ngxgroup.com/Financial_NewsDocs/35719_LAFARGE_AFRICA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_F.pdf

I am finding it difficult to calculate how Wapco move from a profit of over N17b to a negative operating cashflow.
I will appreciate any help, my figures are not adding up.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:55am On Mar 09, 2022
sonofElElyon:


My broker says too expensive if that's the ratio

The current price now of N114.95 have priced in the bonus share, that is starting from yesterday close of N104.50.
However, we do not what dividend the board will recommend. Also note that, today price is a reflection of future earnings.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:34am On Mar 09, 2022
samguru:
Presco to declare bonus and dividend grin grin grin grin grin

Mcy oya blow the trumpet for us

Presco to issue a bonus share of one new share for every ten share.
This is according to their Authorised Share Capital of N550,000,000.00.

They have issued N500,000,000.00, remaining N50,000,000.00 (Unissued).
Which translate to a bonus share of 100,000,000 units.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 1:56pm On Jan 30, 2022
Hello Guys,

How did Guinness turn the table around?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 1:06pm On Jun 23, 2021
If a company Returns on Invested Capital (ROIC) is not greater than the company Weighted Average Cost of Capital (WACC), such a company is a value destroyer.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 12:23pm On May 28, 2021
locodemy:
June Technicals is building up.
Seems we will have lots of 10% in the coming weeks.
#Bad news pls stay off our market for now#

I am not expecting much in June.
Unless for defensive stocks, I expect to see some pullback in June.

Just my opinion, not a recommendation.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 12:16pm On May 28, 2021
yMcy56:

There's an offer that'll be opened from 31st May to 2nd July 2021..........what the offer wishes to take care of wasn't included in the letter.......just a bit confusing....

For me, I do not like confusion, I have sold the small unit I have with small profit.

We move....

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:48am On Mar 19, 2021
Most stock still trading under the 20 days and 50 days moving average.
I just feel it is not the right time to start accumulating, remember 2018.

This opinion may not apply to a few stock.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:34am On Mar 15, 2021
Too much risk in Nigeria, insecurity, killings every day, kidnapping everywhere, govt. policy reversals etc.
It will only take the brave to invest in Nigeria.
I invest in Nigeria stock if there is a very good bargain that can compensate for the risk.

Sorry to say, insecurity is the outlook of Nigeria for now unless things change.


PharmAlfred:
Nothing supports the bear we are experiencing in the market. I know the market can be irrational.

1.On paper, we just got out of recession
2.Covid is coming under more control
3.Oil price is up
4.Companies are churning out decent profit and declaring reasonable dividend despite the challenges of 2020. One would think a bullish run should reward our companies for being resilient despite very obvious challenges of the past year.
5. The economic outlook for 2021 is even better.

What else am I missing? You can add your point.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:36am On Jan 27, 2021
4tunebest:
Good Morning everyone.

@emmanuelewumi and other gurus in the house, please I need your opinion about NAHCO for mid-long term investment. Investment is for dividend purpose only.

Thank you for your time


In my opinion, I will say let wait and see their report, then we can analyse the effect of Covid-19 on their business.
We will then relate the outlook of Covid-19 to NAHCO future (short to mid term) business.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 7:10pm On Aug 25, 2020
Lets not forget dividend of N16,107,798,000.00 for FY19 is yet to leave Wapco books and the over N45 billion short term loan as at June 2020 ending. I think the above will limit Wapco ability to pay good dividend for FY20. Beside the above, I think Wapco is set to go far.


currentprice:


I posted wapco as a stock that will surprise the mkt b4 any member here and i still stand on it. just trying to reason why wapco selling at currentprice with the superb result compare to others in the same sector.

if u compute earnings growth rate of those company may be you will understand where am coming from. cash flows is very important for me while analyzing a stock, wapco had fantastic H1 cashflow so as BUa and DC.

BUA is currently selling at premium based on earnings valuation but at discount base on cash valuation. cash i call oxygen is one of the reason bua price refused to fall

wapco is currently selling at a discount based on earnings and cash valuations for the first time after years of hardship grin

i say it again wapco is a good stock to buy for me before bua and dc

grin grin grin grin grin grin grin grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 1:58pm On Aug 05, 2020
The market is already pricing in Zenith bank proposed dividend.

In my opinion, we may not see much price appreciation after they drop the half year report.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:42pm On Jun 24, 2020
DexterousOne:

Owww


Na short seller you be sef


Lmao

You only jijo in a stock moving down with determination.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:26pm On Jun 24, 2020
DexterousOne:



"Much desired?" Lmao

You seem to be waiting to board this bus at the bus stop abi

I can't wait, I benefited from most recent price rebound, I bought @ N17 and sold @ N20.
I am patiently waiting for another opportunity.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:35pm On Jun 24, 2020
Guiness is looking for opportunity to a minor rebound in price before continuing the much desired down trend.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:43am On Jun 24, 2020
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:03am On Jun 24, 2020
I may be wrong, but I can not ignore this amount of cash that UACN is sitting on.
N6.75 cash per share, Q1 2020 report for a N7 per share stock.

Another Dangote Flour in the making.

2 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:36am On Jun 20, 2020
megawealth01:
Nawaoh ooooo... Hope none here is trapped?

Do not allow any company turn you into an ATM mechine,
always collecting money from you, and giving you nothing in return.

My opinion.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:55pm On Apr 16, 2020
Ak47young:


Please where can I get charts

Try
https://www.investing.com/equities

3 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 7:45pm On Apr 16, 2020
Technical analysis suggests a likely pullback in Caverton if FY 2019 result is delay further.
RSI is neutral while MACD is surging higher.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 7:32pm On Apr 16, 2020
Let's watch Zenith bank space,
the engulfing candle today was too massive,
happening at the upper limit of Bollinger Bands with above average volume.

I noticed the likely reversal two days ago,
I suspect a pullback.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:59pm On Mar 24, 2020
NSE ASI and NSE Banking is yet to show any price rejection at present bottom.

Just watching to see any significant price rejection/other price reversal candle to confirm the divergence.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:27pm On Mar 23, 2020
locodemy:


Oga mi.You see most stocks ended on full offers today and your chart is showing positive divergence?

And you want to convince me that stocks will gain 10 10% from tomorrow?

If you are same Oracle I have been following,kindly give me reasons why stocks that ended on full offers will turn to full bids tomorrow............


RSI and MACD (NSEASI) is showing positive divergence on a daily timeframe.

I will prefer a divergence on a weekly timeframe, becos it is more reliable.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:28pm On Mar 16, 2020
currentprice:
NSE go be somehow tomorrow

embarassed embarassed embarassed cry


Everything is going south, one direction, stocks & commodities.

Even Gold is following them, everyone want to hold cash.

It only shows the amount of panic and fear out there.

We go dey alright las las.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:43pm On Mar 12, 2020
I fear non-performing loan in banks book this year will increase.
The above fear may limit banks in meeting their profit target for 2020.

In my opinion, discounting year 2019 profit for the banks when projecting 2020 profit will be more realistic.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:57pm On Mar 10, 2020
Uchetoba:
JBERGER Board meeting is tomorrow I anticipate N5 dividend plus bonus shares
grin grin grin

Do they have the Cashflow (Free) to support N5 dividend?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:21pm On Mar 09, 2020
Holding cash now is not the best hedging strategy against devaluation.
Hold assets that are likely to go up in value if there is devaluation.

Example of such asset is stock. Imagine if you liquidate your position in stock today and the next day before market open, there is an annoucement that naira have been devalued. What become the fate of the cash you are holding?

Holding cash is good but not when currency devaluation is looming.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:51am On Nov 30, 2019
UACN is at a resistence level,
wait for a breakout, i.e, a close above 8.50.

Due diligence apply.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:16am On Apr 04, 2019
PETERiCHY:



Yes one good thing about bear is that it brings back sanity. For now no more long Epistle.
Las Las we go still board it below N1:60 junction grin grin

Lol.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 2:20pm On Apr 03, 2019
Reversal is imminent, over 520million shares already sold.
Without the big volume coming from WEMA.

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