₦airaland Forum

Things are happening.

TLAX:
They have release their Q3 results. Year end is June 30.

Thanks. I just saw it.
Please can you give a brief analysis on their performance so far in 2020.

TLAX:
The Brewery Sector has faced significant challenges in recent times caused by increased excise tax, changing consumer preferences and lower disposable income. Nevertheless for the following...

International Breweries - Battered from all sides in the last 18 months or so, the price appears to be at consolidation stage at its long term support level. I advice investors to have this on their watchlists. There remains a very small probability prices could drop to sub N4, otherwise it will range at current price levels into Q3. A number of interesting things to watch out for is return to marginal profitability by Q3 20 as debt service commitments drops materially after successful rights issue. Debt/Equity ratio moved from 2.24 in January 2018 to 6.18 in December 2018 to 35.32 in December 2019. It now stands at 0.65 as of March 2020 which is not ideal but a great improvement from past periods. Rights issue effect was applied 100% to reduce debt. Revenue is not challenged but the company will need to focus on operational efficiency to make headway. Attention is being paid to this with wholesale change in management between late 2019 to now. Finally, they need to figure out how to stay out of NBs way. Have this on your watchlist but this is not an advice to jump in now. Strictly not for JIJO folks as there is no room to maneuver here.

Champion Breweries - Fundamentals are okay with ready made market. Not recommended for long term holding. For Jijoist, if you can, jump in at 0.75k - 0.78k and plan to exit at 0.99k - N1.00 range. I believe these price ranges are all possible before year end. Another approach is to look at that 99k exit price and pick you entry based on returns preference.

Guinness - This can get to 28.49 in next few months if not weeks if market divergence from overall economy trend continues.

Remember, do your diligence or get alternative opinions on these companies and their likely price actions before taking any action yourself.

Thanks.
Please has Guinness release q1 financial report 2020?

ositadima1:
You are asking us mere mortals not to buy until it touches ur support prediction yet people are already sitting on huge profits, why are you like this na?

I only pity those following him.

RabbiDoracle:
In engineering, when you design an equipment, the next stage should be the line of processes that you will use to mass produce the design. Because delaying in producing/replicating the idea or equipment will lead to increased demand, sought for alternatives, financial loss etc

When you design a financial tool/model, your next step should be how to easily calculate parameters for a whole range of stocks and instruments. VAP is cumbersome. I have mimicked it before when we argued last year.

Now I want you to list any stock on any exchange globally, give me the ticker symbol and tell me the time frame you want. I will try to forecast the possible price it could get using advanced pattern recognition.Once you do this, my reply to your question will be in less than 5 mins.

We have done that of Bitcoin. And I have updated you.

Oracle himself.

meshpips:
Bitcoin will still sell off.

How do you even make money in this business
You said you only trade with margin.
Is not obvious that those that went short on btc with margin from $7600 have been liquidated and you are still defending your call.
Bros park well.

puffynana:
Choose your escrow, give me details via WhatsApp, get paid, escrow pays me.

No need to meet in person

On what platforms can I choose escrow?

PharmAlfred:
UBA didn't come to joke. That's exactly what FBNH should be doing.

The fair price last year was around 20 naira. ; D
Cc: currentprice.

meine:
Stop Confusing people, Even though it favors me,i dont think Zenith is going down to N11.90 anytime in the future, Technicals dont have anything to do with COVID19 lockdown which caused the March Panic Selloff. If you couldn't predict the movement of Bitcoins correctly be careful in saying Zenith will come down to N11.

Take it easy on the guy.

Mcy56:
The strength of Zee though ...16.50 now
GTB 23.90.......moving towards km 24 ...

CAVEAT: update is not any form of advice.
If you don't like to read daily market updates, skip my posts once you see one. Everybody get Wetin im dey find for market.

We are getting set for the incoming bull game.
Waiting for Oracle to declare the game open.

lancee:
mcy56 ..see uba don catch up with access for now

Seriously market is not been fair on UBA.
UBA should be trading above 8 naira by now.

Justcul:
@FBNH, now that 4.90 - 4.95 has been defeated, can we move forward..

Yours truly is sitting on 40+% on this stock, so please not a buy or sell recommendation.

Congratulations.

Cc: princkez

Mcy56:
Fbnh: 46.8M bids vs. 4.9M offers.....

One will now wonder where were all these people bidding at 5, 5.05 and 5.10 when this same Fbnh was selling for 4.40 and below.
Imagine that 10M single bid at 4.95.

If everyone buys @ 4.4 who will now buy @7 naira?

bukatyne:
Instead of telling your husband to stop 'spending on his family', point him to projects he can spend money on.

E.g. 'My friend said there is one cheap land at Igbo Tutu' or 'how I wish we had our house, we wouldn't be bothered about Baba Mulika asking for rent every year' or 'there is one mutual funds that the entry is N200k and you get 15% returns per year. We can be paying Junior's fees from the interest'. You can also bring up investment for your kids etc.

You know what works with your husband so explore that. Also appreciate him for what he does so far.

@buying your land: I am not a fan of spouses buying stuffs behind each other so I will say deposit the money in mutual benefit/Chapel Hill/Piggybank for now while you try to make him see reason. I particularly don't like the fact you want only your name on the land; recipe for disaster as your husband is not hiding his own funds; he is just not spending it wisely.

Please which mutual fund pays 15% per year?

You should also understand where your husband is coming from: in some cultures, the 'worth' of the first son/husband of the first daughter is their ability to fund everyone's lifestyle without complaint while their own immediate family suffers.

It is a recurring theme so you re-orientate him in love and harmony to see that his family can and will survive without his handouts.

Also note that if he goes 360 and stops funding his siblings, it can cause problems for you'all.

Please which mutual fund pays 15% per year ?

fxuser:
UACN
- quickly found support at N6 , also a prev level last yr (important level)
- dis dilly dally under N7 , with last min vols i dont get
- the weekly macd histogram (Oracle likes d histogram ) suggest bears are losing dis battle
- i wud like to see a weekly close abv N7
- but looks ai

Guinness
- ummm catching a falling knife is not easy

Now you are talking.
Please shine small light on UBA.

fxuser:
Miss u more oh
I see d bears have covid now

Stcool thinks otherwise.
Welcome back sir.

emmanuelewumi:
The problem is with sincerity on the part of management.
Don't trust a greedy management

I think we should all be in this together, but in a situation where management stopped dividends or reduced dividends by about 90%, but they increased their own salaries by over 200%.

That is a red flag, and such management should not be trusted. Cautious optimism is expected from companies managed by such selfish managers

You are on point.
Thank you sir.

CHARLESNIPER:
Don't mind that sokoto cow!!!! who knows if he is even a normal sane person. this was how they chased sir OGG out of here, and now the bros doesn't even reply to mails and private feedy. some idiots are on a mission to rid this place of useful contributors but na baba God go punish all of them. wicked rotten souls. evildoers!!!!

The sniper take it easy this morning.
E be like say you get dictionary of insults.

Uchetoba:
If you like stay there and let the orpportunity pass.

UACN go poo, vomit, pea and mess.
Poo = capital appreciation
Vomt = dividend from the coy
Pea = unbundling
Mess = UPDCREIT go also pay dividend.

From history, all the stocks promoted this way didn't do well in the end.
I remember C I leasing, union diagnostics, etc.
I wish you well bro. If you hammer we go celebrate with you.

RabbiDoracle:
They are all OK.

I discussed with them lately.

Ok o.
Those men don abandon us.

RabbiDoracle:
Something that will burst through 10K and head to 13K.

The Oracle himself.
I dey feel you.

Victornezzar:
Bro do you deal in staking nets

what is staking nets?

nna777:
Which things?

Compare WAPCO and UBA Q1 report.

stcool:
Cash is KING...

How do people monitor market price day in day out for N1 price gain that disappears within same week. That's some good amount of energy that could be channelled else where.

Overall sentiment in the market is still a downtrend!

We thought by now zenith bank will be @ 8naira junction.
Kindly help us push it down.

Princkez:
I still need some little quantity to round up

Don't be too emotional about any stock.

Gander:
Is this also stock pick alert?

Some people don't believe in doing the right thing at the right place and time.

freeman67:
Good day house,

Please if anyone here have a soft copy of the recent stamp duty act I will appreciate if he/she can help me with it. My bank keep charging for stamp duty on deposits I made to my account by myself. From the excerpts I have read it should not be that way but they keep doing it. This time I am determined to stop them and possibly ask for a refund. So I will need to have a full picture before I go into the battle with them.

Its not funny paying 50 naira for every deposit made into your savings account.

Bear mongers and bargain hunters right now.

lmm4real:
Wanted to buy more FB, but ended up selling 80% of my holdings I just weak lol.

Sorry about that.

u11ae1013:
apart from fufu and cocoyam soup, what resources can you people boast of

Human resources.

pepper247:
Hello beautiful people pls when is the best time to invest? Am a new bike and willing to learn pls
Secondly which broker will u advise me to use?
And the present best stocks to invest in
Thank u!

Register with Morgan capital.
Everything can be done online.
UBA, zenith bank, GTB are good banking stocks you can start with.
Start with money you can afford to lose.
#staysafe

naturalflow:
instead of calming the two parties,you are adding fuel.pastor otuocha.

You have not seen anything.