₦airaland Forum

Manie Morning sir , what are the good stocks with fundamental that are selling on discount please list , i want to add to my portfolio. Thanks

[b]Transcorp Plc in its Q3'12 recorded mixed performances to deliver its current impressive bottom-line growth despite a plunge in its revenue and gross profit posture - an indication of weak market penetration during the period under review. Though, in our opinion, this cannot be distanced from its sustained weak working-capital posture.

The company recorded 2043.8% PAT growth against its previous year posture to close at N1.50billion even as its turnover dipped by -39.4% to close at N1.13billion against N1.87billion recorded in the previous year comparable period.

Be that as it may, the company deserves commendation for the improved profitability margin of 132% against -4.12% recorded in Q3'11 - suggesting a sustained profit margin when compared with the 119.17% recorded in Q2'12.

This outcome reflects a significant positive shift in operating efficiency which appears to form the bedrock of the robust profitability base. The impressive returns on equity of 9.10% and returns on assets of 5.39% further serve to buttress this position.

We equally observed that finance income significantly impacted the profit line, an item not a core part of the company’s business model and should rightly raise one or two enquiries. This cam at a price - as the finance cost went up in the period under review; indicating weak cost management which may exert pressure on profitability if not checked.

On the other hand, we observed sustained weak working-capital posture with significant surge of 879.5% in short term borrowings, which has made provisions for liabilities to remain high at N2.08billion. In this regard, the weak working capital posture could not be isolated from the reasons why the company is planning a Rights Issue Offer.

Looking at its price trend, the stock has recorded an impressive price appreciation of +166.07% in the last 52weeks, extending the six months gain of +40.57%. Recently, the stock is experiencing price correction with a 4-week loss of -8.02%. The stock currently trades at N1.49kobo, 30.70% below its 52-week high of N2.15kobo, set on February 13, 2013.

Analyst Opinion
We commend the strong and robust bottom-line posture, though driven by finance-based income significantly. The weak current assets posture of the company will need to be addressed beyond the growth drivers for such - the company’s ‘hercules ankle’ as short term borrowing surged significantly. This may erode the profitability posture, considering the unfriendly interest rate regime currently in play.
[/b]

Source http://proshareng.com/news/19536

Manie , Can I hold Oando , ccnn, Dangote sugar, Dangote flour ,NAHCO ,NASCON,HONYFLOUR for long term , I mean period of 10-15years

Which sector will you invest in and what stock ?

@ stockbull , with what you said is livestock a good long term investment ?

My friend swizy got d same txt. She applied lyk 2wks ago. All d best to those who r still on d waitin.

I have a friend like you , she says she does not want any man in her Life cos men always want sex and she does not want to give that now . She is on here too but i dont want to mention her name . A good friend and a very lovely one . she spend 2 weeks with me and it was fun been around her .

DejiOluyem: I received invitation for interview for Medical sales rep and mine is 21/3 10am

wishin u all d best. Pls try n inform us how it went. Tnx

plenty views, no comment still.

stockbull: not price manipulations at all but one sad thing is that you can not make as much gains as those who have been with the stock before

I already have much Unit but i still want to buy more

Miss Ope: In one simple Sentence.... U're simply put a lunatic cos I guess u suddenly got a bolt lost somewhere in ur head... Asiwin.

Jst listen to ur self... uncultured human bin...i pity d guy dat wuld come an marry u, cos u r jst a disgrace to womanhood.
BTW its still swizy talkin.
go and hug transform.

Please can one still go into Oando like it is now or is this a price manipulation ??

Miss Ope: Hahahahaha ...even if he sent it earlier , wuld u av submitted for him?
Abeggi he no easy jor...someone sits in d comfort of his home, sends his c.v thru fone and expects another to go print in d cafe and also take it to lekki (mactay).... If u know wat u want U'll leave ur house and zoom off to lekki now...no pain no gain... Even those who submitted avent heard from dem..how much more ...... I REST MY CASE.

Bad belle pple!! no one asked u 4 ur help, yet here u r thinkin every! is as selfish as u r. FYI Somex helped me submit mine, and if am in same position to help, i wont mind doing it even 4 som1 dat is loungin in dia homes!

after u'll b xpecting pple to help u wen u dont even hav a heart to help without questions.. mtscheeewww!!! Rubish comment.
BTW dis is Swizy talkn....

@ stockbull what you say of Unity bank on a long term (2-3years) and ccnn please advice so i know what to do . Can one go into Oando now ?

pls i got d msg too but it wasnt complete, can some1 pls tell me d format of sendin d sms and to which no. or beta still jst paste d txt u got here. tnx

i really will like to spend the weekend with SWIZY

stockbull: dont go in now. Oando is for a long term and transcorp need patience. You can join other good stocks while you wait

What are the good stock sir

@Docjuli,I am guessing the out for the out come of the meeting by march , I see a positive move with the new development , Transcorp Consortium wins bid for the acquisition of Ughelli Power Plant, I believe that is what is pushing their share. Please is anyone as a better word say , I am saying this with my research am not an expert

Am going in for more Oando or more transcorp please advice

what is the stand of Dangotesugar, good long term , or take gain and walk always. Long time as in 4years Maximum

Good morning stockbull am happy to see you back , I need your advice , I am selling my access bank and fidson , I want to invest on intbrew . Please house advice

I was to go with this same guys to the club but me and my friend said we are not going , we desired to drink at home , the shocking thing is the muscle and had accident before and was pack for 6months , the owner who was the driver , spend all is money on working on this car now the same car kill 4 and he survive . May their soul rest in peace. Respect to you (juve) rest in peace bro . Been in shock since on Saturday

ferdimako: Can u create a job?

please I just want to enroll so I don't want to waste my time

please can someone get a job with a NOUN certificate ?

what is the passport size please

@ sir p what is the assurance after paying all that money