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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 10:53am On Feb 02
BabsO2:
Oando on full throttle.
At N14

Now full bid @ 14.05
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 5:08am On Jan 31
SonofElElyonRet:


UACN back to profitability and lovely eps. Great Q3 result

The full year result is very good considering the business environment!!!

https://doclib.ngxgroup.com/Financial_NewsDocs/40234_UAC__OF_NIGERIA_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

The new product launched were not yet contributing.... The swan water plant 3x expansion started this January plus other investments and people

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 5:00am On Jan 31
Locotrader:
Increase in revenue is what I am after in brew stocks and other blue chip stocks.

https://www.thisdaylive.com/index.php/2024/01/29/guinness-reports-strong-performance-with-20-increase-in-revenue

Profit will come when it is time and shareholders go rejoice again

Guiness
Guinness results are not bad. Revenue growth plus the marginal costs are well managed vs previous year considering the operating environment.

The loss recorded in Guinness is as a result of re-measurement of foreign currency balances and exchange rate differences on foreign currency denominated loans.
If the naira depreciation does not exacerbate or if naira begins to appreciate, Guinness becomes a huge buy from that point.

IB

IB is in a better situation. It has hedged its cash flow against the currency fluctuations grin grin an estimated N65B enough to turn the result into profit!!! ....impressive! And a well managed marginal cost.

Q3 & Q4 BUY i think, just my thoughts

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 8:12pm On Jan 30
Hustle1:



Thank you!

I know UACN will moove, just want to know when the complete cycle will start.....
I think UACN will follow the way of PZ that moved from N6 to N32 in two years.

...Management, People, Investments, now the results all have changed just now looking to see how well their costs have been managed in Q4 results and going forward....


This is probably the last time UACN will end the year below N50 share price grin grin ......

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 11:47am On Jan 24
yMcy56:
Some stocks reversing yesterday's shedding....
* TRANSCORP went as low as 14.87 or so.......now back @16.80.....17.20
* FMN @42 ....... Up with +3.45

Who knows the investors buying these power plants?

FG to sell five power plants for $1bn

The Federal Government through the Bureau of Public Enterprises is currently carrying out transactions for the sale of five power plants under the National Integrated Power Projects at a cost of about $1.15bn, it was gathered on Tuesday. Although sources familiar with the development explained that the cost of the plants should exceed $5bn based on international benchmark, they revealed that the BPE was planning to sell the facilities at a price that is a little above $1.1bn.

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 4:10pm On Jan 22
Zegra:


TIP promoter grin grin

grin grin grin grin grin grin I don't want to laugh o
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 3:25pm On Jan 17
Zagee:


I really don't follow up on this company, but from my technical analysis, the company seems to have been of interest to investors looking at the steady rise in the RSI from 2020. Going by their about 50% free float and the improved result you stated, I'd say its a hold at current levels.


Thank you!

I know UACN will moove, just want to know when the complete cycle will start.....
I think UACN will follow the way of PZ that moved from N6 to N32 in two years.

...Management, People, Investments, now the results all have changed just now looking to see how well their costs have been managed in Q4 results and going forward....

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 1:26pm On Jan 17
Zagee:


Your submissions are true. With directors including MD jumping ship in the past year!

For UNILEVER a lot of factors to consider:
1. Dropping some product line from the shelf(reduced revenue)
2. Current portfolio of products needs to do commensurate numbers(negative head winds due to fx and subsidy policies)
3. Macroeconomic factors doesn't favour as at now
.
4. Expected minimum wage increase by q2

With all these: on the technical end, they just broke out on the monthly chat due to present bull. Do we wait for results or join in on the sentiment? Will this be sustained? Fundamentals don't agree for now.

My 1 cent


What is your take on UACN?
Is the turnaround completed with the improved results of 2023 Q3 and is the upward trend going to continue QonQ from now?
I noticed the effects of the new management in the results just before covid and the investments. Fingers crossed!

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 3:20pm On Nov 26, 2023
Well said! Good policy with long term impact but no magic bullet in the short term. The economic challenges are hydra headed

BullBearMkt:


These policy shifts are anticipated to have a long-term effect, and as history suggests, the impact on the NSE may not be immediate but gradual, unfolding over several years as seen in the aftermath of the reforms initiated by Governors Soludo and Lamido - while Soludo's policy affected the economy within 1 year, it took 3 years for the impact to reflect on NSE market in the case of Lamido's.

The forthcoming reforms under Cardoso may very well set a positive outlook for the NSE, but they will be one of many factors that contribute to our nation's economic resurgence....
grin grin grin grin grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 6:14pm On Nov 25, 2023
Let us wait and see!

A double digit reduction in revenue will affect investors sentiment though.

And the market is not immune to the resulting sentiments, otherwise, one would expect ETI to be trading above 1.5x P/E by now like other banks.

BabsO2:


Do you think the revenues of banks in 2024 will be lower than that of 2022. Because that is what needs to be compared, as 2023 forex gains lies more in comprehensive income and should not be used for operating EPS and PE calculations as they are one off from currency translation gains in Naira. 2024 EPS will still be substantially higher that 2022 levels, hence supporting upward trend of bank share prices apart from the support of stepped up BVPS numbers from the 2023 gains.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 4:03pm On Nov 25, 2023
I agree stocks like UBA still have over 15% upside, Zenith tp is about N41 and then you still get your dividends but UBA will struggle to replicate the excellent EPS for Q2 2023 in 2024. A correction will follow a decline in revenue for some banks by mid 2024 while other companies will have the potential to support the bulls in the 2nd half of 2023.
I belief backward integration by IB should have started to mature, WAPCO, MTN and others will make investors smile by then.

If only we can have a predictable and stable FX regime, to allow more dollar inflow, the NSE will stay bullish into 2025.
Retail investors participation in the exchange is improving as seen in penny stock rallies recently, though with a lot of uninformed purchases grin


BabsO2:


I don't see any market correction in the horizon as long as the oil price stays strong above $70.

Stocks like UBA, many banks and a couple of other stocks have not reached fair prices. But a few stocks are trading in a PE bubble and may correct as investors and traders do their thing. The devaluation this year has propped up the valuation of many banks and reset share prices up in devalued Naira with not much to correct. However, for banks one needs to look out for potential rise in impairment charges that could lead to valuation losses and potential share price drops if it happens severely.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 10:46am On Nov 23, 2023
ROYALEX

It's December - February ritual

customstreet:
I will drop one stock for you guys to pick soon. 100% sure of given anyone that got it at least 200% return
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 1:20pm On Nov 20, 2023
Locotrader:


The chairman of multiverse was in Tinubu's administration for 8 years in Lagos. How does that affects the opportunities for the company in this administration?
The should not just take the company private to advance there interests like Wale and team are pushing for.

When a sector is bullish, cashing out 20% is nonsense.Solid mineral sector is the right place for an investor to be now.You have been attacking me on Japaul right from the days of 29kobo but even at 1.87kobo, japaul is still a buy.You can see a huge demand on Japaul right now.Is it Multivesrse with small Os that will not double in price?The more you attack me, the more you miss money. Market must do justice to any stock that is carefully identified.

MULTIVERSE can't be manipulated by Loco.Multiverse will make a lot of people rich.Thats it.

Boy be serious in life
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 4:13pm On Nov 12, 2023
ebuka1997:


Royal Niger company, sorry Unilever can never leave Nigeria, those ones na agba. Even PZ sef.


Why would anyone conclude Unilever can never leave Nigeria? They sold their tea business already. They are exiting skincare and homecare business. They would only have the seasoning business led by Knorr (doing well though), which happens to be previously owned by other companies and even sold under different names in some countries. Unilever can very much exit Nigeria and if they stay, they would be a smaller entity probably more efficient though. Their remaining business is pressured both by Nestle's maggi, promasidor's onga and others
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 12:44pm On Jul 27, 2022
Hi House,

Can anyone please recommend top 3 brokers here please.

I guess I made mistakes using InvestmentOne brokers. There has been zero value add.

Need to mouve!
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 9:57pm On Mar 06, 2022
GSK Nigeria.... Following some Oga's on this platform who have identified with this stock

Q1 2022 numbers will be exciting! FY 2022 promises to be exciting too.

Full year 2021 revenue closed at 5% over 2020 following a 2.6% growth the previous year. See attached FY report.

Full year recovered from a dismal Q1 2021 that ended 30.66% decline while GSK resisted the temptation of price increases as a quick fix, but thanks to:

1.) A new route to market (With attendant increase logistics costs anyway)
2.) Increased A&P
3.) One-off SAP investment to support new RTM
4.) Increased finished goods inventory (+83% vs LY)
All indicated in the FY report[/i]

While the costs of logistics, energy and A&P will not go down suddenly,

I have three questions on my mind?

1.) Can GSK repeat a result that is an average of the last 3 quarters of 2021 this 1st quarter of 2022? That will simply be an 83% growth [i](40% growth is enough for me grin)
in revenue.....How that impacts the share price will be determined by the market.
2.) Can GSK match the 40k dividend of 2021?
3.) Will the manufacturing partnership with Fidson and subsequent technological transfer to Nigeria drive the parent companies to increase their stake in GSK Nigeria from the current 46.4% and what will the impact on the share price?

2022 promises to be good for GSK in my assessment! ..... wink wink

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