₦airaland Forum

dekay2luv:
Good day, Please I want to sell my Dangote Flour, any help on how to get my payment

Dangote flour has been delisted.

OBAGADAFFI:
First Bonus
500K units /8 = 62,500

Second Bonus
500k /5 =100,000

Total = 162,500

Thanks boss. I initially thought it would be calculated incrementally.

OBAGADAFFI:
AIICO things.

KIndly assist with the analysis for someone that intends to purchase like 500k AIICO shares. What is the total bonus shares to be earned based on the attachment? Is it calculated incrementally?

swilo:
My question is who will pay for the bloating of the books. If no one pays they the market price will make that adjustment for now. Meaning Mansaard may likely sell for sub 1 when the time comes but the trick of improving the EPS makes it confusing.

Can anyone help me here please?
Correct me if I am wrong. Abeg.

from the share premium and retained earnings

debeey87:
Baba there's no mention of 14th December 2020 anywhere on the document

See the image below

OBAGADAFFI:
http://www.nse.com.ng/Financial_NewsDocs/31967_AXA_MANSARD_INSURANCE_PLC%20_NOTICES_OF_EXTRA%20ORDINARY_G.pdf

Chief the qualification date is 14 Dec 2020

Lion123:
Naira traded at 525 to a dollar in 2016 and everyone thought the world had ended. It still dropped to N360 and stayed there for a while. This too shall pass.

Based on risk assessment in financial institution dollar will hit 550 in 2021 and most are already adjusting to that projection. As for me and family a percentage of my fund has been moved to crypto for long term

PETERiCHY:
Zenithbank that will still beg some of us to buy at sub N10.

PATIENCE is KEY.

BARGAIN HUNTERS TAKE NOTE!

This is one is not patience o. Na hope.

Na insurance stocks for now till market finish dipping.

Danniee:
Are you sure?
Saw the report now and comparing the PAT;
Q1 - N6bn
Q2 - N10.8bn
Q3 - N15.1bn
Is that not steady improvement?

That's just marginal increase from 2019

Danniee:
Pls is UBN Q3 report out?

Yep. They didn't do well.

PETERiCHY:
For the SMART TRADERS that were able to beat Mr. MARKET. POP the CHAMPAGNE and sip it in peace.

Next in line is CHRISTMAS BONANZA that will take place from Dec 20th-24th.

SAVE the DATE.

BARGAIN HUNTERS TAKE NOTE

Been offloading since yesterday based on Peter's advice even though I no dey follow baba before as faulty clock is usually correct twice in a day

Oga Peter no vex for my analogy.

Nice result from Neimeth. Although quarter on quarter not looking good but understandable. In general great result

http://www.nse.com.ng/Financial_NewsDocs/31902_NEIMETH_INTERNATIONAL_PHARMACEUTICALS_PLC%20_YEAR_END_%20_.pdf

chauder:
Abeg o! I need lectures on JIJO 101. Make i join my Ogas dey cash out

Studying JIJO is like studying nuclear physics. You need both mental and emotional stamina as the subject is jealous and cannot share attention with anything else. Otherwise you will crash like an improperly designed rocket on its way to the moon.

Are you sure you want to try?

talk2tonie:
I wish to express my sincere gratitude to everyone on this thread. I came in here sometime in July 2020 from the treasury bill thread and it has been awesome.
You guys just made 2020 a good year for me and for this I am really grateful.
Thanks to everyone.

Oga declare for boys na. No be thank you we go chop

megawealth01:
Any GoodNews from it for we UACP holders?

you will be automatically allotted units in UPDC REIT but I don't know the ratio

Mcy56:
Zenith: Done with pullback ......back to 28....

UAC-Prop : The type of bids here!!! Price looking up........let me go and check their financials.

@Obagadaffi any news on UAC-prop? Hope I quoted the right person.....

Unbundling from UPDC REIT and their loss position reduced significantly

Breadfruit:
Good morning my people. Please which good bus can I board now after selling off prematurely?

Harvestock01:
Flee, when

1. Your broker starts offering margin loan
2. The analysts take over the airwaves
3. Your barber starts talking about the stock market
4. Banks started to offer unsecured personal loans
5. Add your own

When Japaul trades above N1

onegentleguy:
Thanks bro !!

Yet another +1...
It's my Bday folks.

Pls join me in saying a big thank u to DEVINE for his GRACE.
Far above everything else, for his mercies and privilege of life despite my shortcomings.
...it can ONLY be GOD !! I remember the post above(a turning point)

No matter where u are, who u are and what u do, ALWAYS ALWAYS admit to his grace in ur life.
...Believe me when I say; it pays to do so !!

Regards

Happy birthday sir

onegentleguy:
No Sir !!
...pls try again.

Regards

I only inferred from your earlier post on mergers and acquisition. I didn't attempt to solve the maths. My brain is too mature to be solving maths this days jare. it's only thinking about money money money

onegentleguy:
The company is among the list of stocks I posted as a possible future candidate/target for aquisation/buy out. ...u can dig up on my past post for reference/guide.

But let me still give out a hint.
A simple puzzle...

Assuming u were to assign a No(in ascending order) to each of the 26 alphabetical letters, then the name of the said company(acronym) is represented by an ARITHMETIC SEQUENCE where the DIFFERENCE(d) between the 3rd and the 2nd No is twice that between the 2nd and the 1st.

...Pls figure out the rest.

The most logical thing to do is to align with that coy.
When? ...now.
One word; BUY !!

CAVEAT: Any decision-making on this should come after reading through my signature below. Due diligencestill apllies as always.

Selah

PZ?

onegentleguy:
So I did an extensive analysis yesterday and found out a certain coy in a certain sector that holds IMMENSE VALUE !!

On the surface, those who look to focus only on earnings delivery(NPM in view) without a deep consideration of other very key valuation metrics will probably not see the huge potential therein.
I look @ the coys financial print(last 3 quarters in view), and I see some similarities with the drive for VALUE like that of WAPCO and NEIMETH in recent times.
...inherent REWARD is by far, way ahead of the combination of surrounding RISK and current asset PRICE !!

Using a fine blend of appropriate valuation models which incorporates a high risk premium, there's a strong chance that the said coy can deliver over 115% ROI in the short to mid-term and near 170% looking past the mid-term horizon or should there be a possible buy out.
With the said asset, the probability of a +ROI play is already near 1.

It is well.

At least give us some clues na

emmanuelewumi:
You will get 82 UPDC REIT shares for every 1000 UPDC shares


UACN should have there own court ordered meeting by first quarter of 2021. From my calculation you should be able to get 225 UPDC REIT shares for every 1000 UACN shares

Based on your calculation is it advisable to purchase UPDC shares at the moment?

onegentleguy:
On Guinness...
I wonder how some of u interpret financial statements.
...there is need to learn how to read between the line, extrapolate figures from a collection of key financial indicators/determinants before drawing conclusions.

For those talking about the coys current cash position, hear this;
Before u adjudge and assign a coys cash position as benefit to equityholders, u MUST;

1) rake off the coys debt position, particularly those of the near term(current liabilities in view)
2) Understand how that cash came about and how it is been put to use(cash flow activities in view)

On point 1, while Guinness YtD Cash position printed an improvement to approx N18.76B, over 70% of that figure @ circa N13.27B is a cash proportion from near term L&B.
...so actual accrued cash benefit to equityholders is approx N5.48B and not N18.75B.
One pivotal input that will give u a guide is to look at the coys quick ratio and compare it to that of its industrial peers. Guinness has now recorded a back to back(QoQ in view) negative NWC, with a quick ratio of 0.5x. ...the interpretation of this is that for every N1 liability in the books of Guiness, the company can only afford 50k from its readily available cash/asset to offset it.(the cash u so speak highly of)
Put differently, Guinness is currently insolvent !!
To add credence to this fact is the coys CLCR.

On point 2, the cash had come from the high print in OCF, an offset of a surge in trade and other receivables.
Some months ago, management guided that it will consider tightening credit terms by ending its contract with some of its distributors and where necessary, collect any returned goods, as part of efforts to sought out working capital challenges.(see uptick in inventory)
This has helped improve the change in WC. ...which is key.
However, debt obligations remains a course of great concern.

From a surrounding risk perspective, the company will need to do a bit more(than its peers) to erk out more earnings from its current WC given the growing contracting margin it faces from high cost input.
Guinness will need to battle more with cost following the 1,430bps increment in excise duty to N200/litre on spirits(beginning June 2020) which unfortunately, constitutes(together with wine) a big weight of revenue build for the coy. The govt currenty taxes N150/litre on wine(excise duty).
I dare say that there's an urgent need to seek to innovate around its product lines to better increase penetration while seeking effective channels to optimize cost.

Let me let u in on a few other worries;
Guinness' current EFIR of over 40% is not good at all. The coy is highly dependent on external sources of cash(debt) to fund its operations.
Elsewhere, there are a few indicators that infers that the coy might be coming for ur money soon. ...or seek to raise more funds from other sources. It actually needs cash.

Using a fine blend of an appropriate valuation model that discounts surrounding risk attaching an appreciable risk premium, my FVE pegs @ N12.70

Disclosure: This is stating matters from a strictly fundamental perspective. ...the coys TA might be saying something different.
NOT to be viewed as any sought of recommendation. Due diligence still applies as always.

What to do?
Pls follow ur instinct.

Selah

Great expository boss

prof2007:
Mcy56,

thanks for your diligence and consistency. You are a jewel of inestimable value.

yeah. her kid will be NSE DG one day

Princkez:
even me ooo...bought some at #18 this morning ...Oga PETER come and address us ooo plsss

If you dey follow Peter na oyo be your case

handsomebolanle:
For those that know about ETI.

Does ETI give dividend. And why should one invest in it.

Please kindly enlighten me.

If you are investing for dividend no go there. but for short term price appreciation you can cos it will move with others

DexterousOne:
Oh really?
Is it as effective as the others though

That's the question

I'm yet to assess its effectiveness though

donlexph8:
I intend getting shares with gtb but I don’t know how to get a stock broker. Can anyone put me through

Save your money for now. You are late to the market

kaynett:
Hello house, good afternoon.

Does Gtbank have an online SHAREHOLDERS E-MANDATE ACTIVATION FORM portal, just as Access Bank United securities have?

Thanks

Yes. Datamax regsitrar has but you pay to use it

MoneyMakingOppo:
NSE investors are mainly small minded people only interested in making peanuts or even losses trading the same boring overpriced stocks while missing real money making opportunities in cheaper Kobo stocks.

If only I had more capital I would show you guys what this market can really do

Chai. see insult on top our own money