₦airaland Forum

emmanuelewumi:
This one pass JAMB question, I will tell when I am done.

Okay. Pls do at your appointed time.

Bianco1:
The other good thing going for them is their consistency in dividend payment even though small. Half bread is better than.....please trade your plan. @Bullbearmkt where art thou?

Consistent dividend payment from C&I Leasing? when , where, what, why, how, who etc

Coolcash1:
My fear for DF is stampede when it gets to KM10.... Massive profit taking is certain...

fxuser, currentprice, deruggedprof, holms, bullbearmkt....what do you think?

If you bought sub at sub N6. Which fear again at N10. Fear go fear, FEAR.

Bianco1:
Peterichy has moderating comments these days which is good....really wish these noise in the polity could go away peacefully and let lasting peace reign in the country for betterment of all (the strong, the weak etc.)

He'll be back soon. Hang in there for the day the ASI index ends negative, then you'll be bomberded with more e-prophesies, e-threats & e-harassments

emmanuelewumi:
I'll rather buy more of Guinness shares now than to buy Nestle at the current price.

What are your reasons?

leo1234:
Double hit.
I left dangsugar too early. Waiting for it @12

emmanuelewumi:
With a BV of N50 and PE of 48, I don't understand how Nestle is undervalued. I guess I can't see what you are seeing.

Even a small company with a high potential for growth with a PE of 48, before I can invest in such a company it needs to have the ability to grow her earnings by a minimum of 30% for the next 5 years.

People buying Nestle and NB at the current valuations are Foreign investors who will later sell to our Institutional investors like Pension Funds, Mutual Funds and Insurance companies. After all the so called institutional investors are not trading and investing their personal funds, in the stock market and in the corporate world people take reckless risk with other peoples money.

Will you say, on any metric whatsoever, that Guiness is better than Nestle?

IamAlexander:
@fxuser and @bullbearmkt... what's the chart saying about sugar...I reinvested all my proceeds I realised from the one I bought at N12 today at above N15.... the last minute fall in price is scary...Should I jump out?

People who bought at prices below N10 might look at the stock and say I have had my fill, let me buy some flour and make myself Gotepie(Dangote+meatpie)
_{yours faithfully rotated out of sugar at max price today into flour at 5.40, 5.50, and 5.60.}

Tritri:
almost sold but didnt. would u believe i bought UACN at 12.64 then sold it back when it get to 12.50 again. only for me to see it at 17.50 within 4mths...am very careful dis days.

Really happy you didn't fall for the bait.

Femi(Forte Oil), the head of bad gang Non-Controlling Interest is adding weight while retail investors are taking slim tea; D; D

PharmAlfred:
This is obviously not the season for oil companies. Subsidy removal dealth them a blow.

Nah, when subsidy was truly removed, Oil companies in downstream sector made good profit (Q2-Q3 2016). But when govt, in bed with CBN, brought subsidy back through the back door(like clowns) via "forex subsidy" and NNPC assumed about 100% importation of Petrol, yawa gas for all of them.

valacious:
Please share with us Prof...who is behind these wheels..it gained 5% today...just as I predicted early this week..

5% should be 14.70. It closed above that 14.91

Oga Intendy, where is our daily nuggets?

valacious:
@Deruggedprof, fxuser and all okomu or presco which would you hit buy on?
I analyse that since Presco has a higher EPS of N5+ compared to Okomu of N3+...Pls advise...

Okomu has EPS of N6.54.

UPDATE 1-Dangote sells $236 mln stake in cement firm to foreign buyers

http://af.reuters.com/article/africaTech/idAFL5N1KN3UT

http://www.businessdayonline.com/gtbank-stanbic-uba-others-surpass-2014-highs-%E2%80%A8/

currentprice:
^^
http://www.nse.com.ng/Financial_NewsDocs/19208_DANGOTE_SUGAR_-_CORP._ACTION_CORPORATE_ACTIONS_JULY_2017.pdf

What is the point of someone bidding for Dangsugar at the lowest price for the day. #waste-of-mandate-to-buy.

Pluto,

Do you find this acceptable (in accounting at least), that a company will not state, the tax paid in Q1-Q3 2016 and disclose such in full at FY2016?
I noticed this in NPF.

stcool:
http://www.nse.com.ng/Financial_NewsDocs/19149_ETERNA_-_HALF-YR_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf

EPS(Q1) - 52K

EPS(Q2) - 80k

DeRuggedProf:
Hi Pluto09,
I know you have already 'microscoped' DF result.
How much was realized from the DF noodles sale to DUFIL?

The deal has not been consumated as at H2. The estimated ammount, is also small.

holm:
Might just be expenses from the Kano factory that was recently opened.

Pluto, the the sharp increase in Property, Plant and Materials is the closest explanation(the company will need more hands and logistics for a new production line abi ) to the distibution and admin charge.

pluto09:
Yes, good result relative to its price.
I notice a big jump in distribution and administrative expenses which a major concern.
Those who are in should also keep an eye on the price of wheat at the international market. If wheat price continues its upward trajetory into the 2nd half of the year,the possibility of a slow down in profit cannot be ruled out.

Might just be expenses from the Kano factory that was recently opened.

currentprice:
it is when you don't know what you have bought you will sell dangote flour to buy diamond like PETERiCHY

Tritri, ^^^^

Tritri:
I have not ...I was able to conquer the spirit of IMPATIENCE .

Good decision. Take your eyes off the daily swing in price and focus on the buisness. The price will meet up with valuation soon.

stcool:
http://www.nse.com.ng/Financial_NewsDocs/18992_DANGOTE_FLOUR_-_HALF-YR_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf

EPS(Q2) - N115.84

stcool:

Access - Q1EPS (90K), Price N10.24K

UBA - Q1EPS(69K), Price N10.41K

Life is quite similar to a plate of peppersoup

fxuser:
Transcorp
- monthly chart show 4 white candles
(everything in between is noise)

4 Candles? CCC things

stcool:
...did not see this coming. Just wanted to JIJO safely, now am regretting.

Na to load more of M&B

My Oga, the Transcorp result should make person buy UBA, not Transcorp

It proves thatTranscorp is not creating NPL on that side

stcool:
wetin I wan use 1,476 units do. I wan dash them back.

Why will you place a bid for 100k units