₦airaland Forum

Lion123:
Transcorp is going to N10 because it's predominantly a power generation company like Geregu and Ote$ needs Transcorp's valuation to align with Geregu's. Hence his interest. Transcorp is actually still obscenely undervalued in any case especially when you consider that it is probably the largest power generation company in Nigeria.

I don't think it will move to N10 in a straight line....
But it will get there if it the will of Investors

locodemy:
Transcorp and Lasaco are 2 stocks I have missed in 2023.

With patience, I will be consoled with the 2 I have in due time.

Chai....
It was you and mcy56 the that drag lasaco to my attention. I got some afolabi quantity but share reconstruction make me cry.. I wanted to sell at loss and move on, but one day my gut told me hold lasaco and recover your hard earned cash.
So I hold , frustrated last year with the results, but smiling in 2023.
#PatienceIsTheKeyInNSE

locodemy:
I am loaded in chams and Japaul.I am sure both will deliver but patience is what I don't have.

For Transcorp,I have no regret but wish those in it goodluck.

Uncle Loco, you got to have that patience ni...

icon91:
Are you sure?

This is what the tracking number looks like

RB*******SG

NIPOST knocking

@Osita, you have really help the flying ministry. But you better tell the pilot to tax around latitude 97 degree to avoid crash landing

abhosts:
Payday is a very useless and unethical company. Patronize them at your own risk.

I Funded my Dollar Virtual card with them but all payment transactions were declined with 'Insufficient Funds' response, despite having more that enough balance. So I asked them to refund my money after waiting 1 week for a solution, but they started dribbling me and playing dumb. Now the $500 I wanted to use for phone purchase on AliExpress is in Limbo. Even Transactions of $10 would not go through.

Today, after almost 2 weeks of back and forth with their support, the same person that has been responding to me just sent me a mail that he has forgotten my complaint, that I should refresh his memory and describe the problem I am having afresh. This looks so unreal.

How I wish I had known of Klasha earlier. They appear to be honest and reliable(at least for now).

The paid Mr Macaroni to advertise them via his comedy

Justcul:
I insist you need to be smart in investments.. it's common sense. I must not follow your strategy in its entirety..

All models are modifiable to work better..

Since absolute numbers are fine here, I got 360,000 from geregu..

Congratulations!
for you to get the figure, it means that you are.....

emmanuelewumi:
I stopped buying bank shares about 2 years ago.


I have the following as my fair prices


Vitafoam N33
Nahco N14
Wapco N31
Dang sugar N45.


Not a buy recommendation ooo

Pa Emma, hold on a sec,
are you saying that your WEALTH in stock investment is not coming from Banking shares.
I salute you oooo

emmanuelewumi:
This is an investment platform, where we discuss figures.

EPS, ROE, stock prices, equity, portfolio etc are absolute values.

These absolute values might encourage some of us to work harder, be consistent and persistent in creating long lasting wealth through the stock market.


Back in the days before the advent of online trading we used to go to our Stockbrokers offices to place our mandates after which customers will start discussing their portfolios in absolute values.

Meeting point was Mr Biggs behind UAC head office and Mr Biggs at Kingsway building Marina.

150k was a lot of morning then. When a guy showed us the dividend warrant of over 150k he just picked up from General Post Office Marina.. That was the dividend from a company ooo, I think it was either Nigeria Brewery or Guinness.

That was when I started slowing on my kitii kata strategy and gave myself a 20 year stock market investment plan broken down into 4 phases of 5 years each

Chai....
Good morning sir,
please how do I learn your investment plan broken down into 4 Phases of 5years each...
You are fill with knowledge on how to make a kill in stock market.
Happy Easter OUR KING

yMcy56:
Which queen? Make I just no talk. Na you go check your sir, replied since Wednesday.

Good morning QWEEN, sorry I was monitoring my inbox. I have seen it in my spam. kindly check again. Happy Easter Qween

Please check your mail OUR QWEEN

yMcy56:
Did you say shell holders, ok o, siddon there.
Alhaji Rabiu that his name appeared among the richest billionaire in the world........you think say na child's play. Lol.

The unit cost price for the 50units I left for Registrar palaver was N13.25. I just left it there as souvenir ...
I presume the man will continue to defend the share price sha.

https://nairametrics.com/2023/04/07/forbes-releases-comprehensive-2023-world-billionaire-rankings-as-three-nigerians-dangote-rabiu-adenuga-make-the-list/

BUACEM SHELLholdaz...... For those that don't know

emmanuelewumi:
I have issues with the financial health of this company, with a negative working capital of about N60 billion, it will take the current FCF of the company about 10 years to liquidate the existing debts of the company.


No wonder dividends will be paid in August 2023. The dividend declared is even higher than the Free cash flow of the business, this is another red flag.


This is the type of stock you should not do long term investment with because of its potential business and financial risks

Heishere:
The way they are buying Fidelity this days. Something must be cooking. Abeg who get info for the stock?

I think everyone is going after dividend.
Fidelity shock investors with 0.35k last time.
I think 0.4O to 0.45k is in the cooking.
I planning to enter @5 or below, but the buying pressure scattered by game

please someone should inform cardinalstone registrar to check their mails and give me feedback concerning my request

@CurrentPrice, you and actually draw my attention to Nacho. I got some unit at 6.40. was planning to get more if it falls back to 7 range.
I regret not buying more @6.40

yMcy56:
LASACO......full bid @1.10...... IKEJA HOTELS......full bid @1.22......
LASACO tried. Could remember we discussed on LASACO in some occasions here. Locodemy must have Japa from the stock since..... Over 32M+ full bid....

Am still with it.... I almost sold it this week oooo. Thanks for the details information

is Morgan capital working? mine is not opening

onegentleguy:
Final Dividends Distribution Paid/Payable So Far in 2023

PZ ✔️(Paid)
Prop Div...N1.01,
PD....Jan 26
QD...Jan 6
Paymaster; First Registrars

CBP ✔️(Paid)
Prop Div...5k
PD....Jan 27
QD...Jan 18
Paymaster; Light House

VITAFOAM ✔️(Paid)
Prop Div...N1.52,
PD....Mar 2
QD...Feb 10
Paymaster; Meristem

UNITED CAPITAL ✔️(Paid)
Prop Div...N1.50
PD....Mar 28
QD...Mar 14
Paymaster; African Prudential

GEREGU POWER
Prop Div...N8.00
PD....Mar 29
QD...Feb 27
Paymaster; Meristem

TRANSCORP HOTELS
Prop Div....13k
PD....Apr 4
QD....Mar 17
Paymaster; African Prudential

CUSTODIAN PLC
Prop Div....55k
PD....Apr 13
QD....Mar 31
Paymaster; Meristem

DANGOTE CEMENT
Prop Div....N20
PD....Apr 14
QD....Mar 30
Paymaster; Coronation

DANGOTE SUGAR
Prop Div....N1.50
PD....Apr 15
MTNQD....Mar 24
Paymaster; Veritas

AFRILAND PROPERTIES
Prop Div....10k
PD....Apr 18
Paymaster; African Prudential

MTN NG
Prop Div....N10
PD.....Apr 20
QD....Mar 27
Paymaster; Coronation

NIGERIA BREWERIES
Prop Div....N1.03
PD.....Apr 26
QD....Mar 16
Paymaster; First Registrars

UBA
Prop Div....90k
PD.....Apr 27
QD....Apr 14
Paymaster; African Prudential

LAFARGE WAPCO
Prop Div...N2
PD.....Apr 28
QD.....Apr 10
Paymaster; CardinalStone

AFRICAN PRUDENTIAL
Prop Div...50k
PD.....May 2
QD....Apr 14
Paymaster; African Prudential

ZENITH BANK
Prop Div....N2.90
PD....May 2
QD.....Apr 14
CDR....Apr 17
Paymaster; Veritas

SEPLAT
Prop Div....7.5cent (2.5cent as basic dividend + a special dividend of 5cent)
PD.....May 10,
QD....Apr 18
Paymaster; DataMax

NESTLE NG
Prop Div.....N36.50
PD....May 18,
QD....Apr 21
Paymaster; GTL

NEM
Prop Div....30k.
PD.....May 18
QD.....Apr 28
Paymaster; Apel

SFS REIT
Prop Div....N8.45.
PD.....May 19
QD.....Apr 19
Paymaster; PACE

STANBIC IBTC
Prop Div.....N2.00
PD....May 26,
QD....Apr 3
Paymaster; First Registrars

NASCON
Prop Div.....N1.00
PD....May 26,
QD....Apr 28
Paymaster; Meristem

MAY & BAKER
Prop Div....30k
PD....June 2
QD.....May 16
Paymaster; Veristas

ETI
Prop Div....0.11cent
PD.....June 6
QD.....May 25
Paymaster; GTL

CAP
Prop Div....N1.55
PD.....June 16
QD......June 1
Paymaster; African Prudential

CADBURY NG
Prop Div....40k
PD.....June 27
QD......June 4
Paymaster; First Registrars

MCNICHOLS
Prop Div....1k.
PD.....Aug 3
QD....May 31
Paymaster; Coronation

BUA CEMENT
Prop Div....N2.80
PD.....Aug 24
QD....N/A
Paymaster; African Prudential

TRANEX
Prop Div...2k
PD....N/A
QD....N/A
Paymaster; CardinalStone

BETA GLASS
Prop Div...N1.17
PD....N/A
QD.....June 16
Paymaster; CardinalStone

FIDSON
Prop Div....55k
PD.....N/A
QD....N/A
Paymaster; Meristem

TRANSCORP PLC
Prop Div....5k
PD....N/A
QD....N/A
Paymaster; African Prudential

IKEJA HOTELS
Prop Div....7.5k
PD....N/A
QD....N/A
Paymaster; GTL

OKOMU
Prop Div....N12
PD....N/A
QD....N/A
Paymaster; Cardinalstone

SAHCO
Prop Div....16.5k
PD....N/A
QD....N/A
Paymaster; First

LASACO
Prop Div....15k
PD....N/A
QD....N/A
Paymaster; Apel

QD- Qualification Date
PD- Payment Date
NA- Yet to be communicated

#copied

Transcorp,
Ucap, MTN, Custodian, Afriprud, Lasaco, NB, Uba, Zenith, Wapco.
#DividendsHunting

what just happened in Transcorp

leparj:
Hmmmmmm.
I have always gotten my dividends paid into my Access Bank account on time till now.
Always received on the payment dates and a few times the next morning.
Never had any delays in the past.

Your story is same with me..
I have been receiving all my dividend using Access bank.
Don't understand what is going on

RabbiDoracle:
If Zenith Bank can have N123B impairments, then there will definitely be issues with other banks.

Net income higher but
Net income after impairments lower
PBT flat
PAT lower.

Chai... Other banks go see gbosa..
I think GTB wanted Zee to do first before them do abracadabra to align with dividend

leparj:
Still awaiting my ucap dividend. Abi dem don leave me out? Who uses Access bank that has received?

I use Access, am yet to receive

Princkez:
Ucap dividend landed...

Never received mine

My 2023 Shares investment Pledge:
Every kobo I received from a particular STOCK as DIVIDENDS goes back to INCREASE my holding in the stock.
I don't know about you!

yMcy56:
Maybe you sent to a wrong address or to an auto-address.
Try resend to: registrars@cardinalstone.com
Get back if there's still no response after sending to above address.

Hahahaha a... Thanks dear... They have responded. kinda one member of the registrar is here

Willie2015:
Is your enquiry on dividend mandate?

Yes sir.
Do you know anyone I can contact

Willie2015:
CardinalStone...

I have sent mail to them one week ago but the are yet to reply my mail.

pls which registrar has NAHCO? Thanks

emmanuelewumi:
Not a buy recommendation, but an opportunity to carry out a due diligence on the stock

I know and understand.
but please kindly provide the range answers to my question.
Thanks

I will always throw away salute for you!
what is the best entry price range?

emmanuelewumi:
Summary of 2022 financial performance of NASCON.


Date: 18th March 2023

Mkt price: N12.20k
Mkt cap: 32.3 billion
Enterprise value 25.8 billion


Revenue: 59 billion
Equity 19 billion
Outstanding shares 2.65 billion
EPS N2.06

5 years average EPS: N1.30k

Return On Equity: 27.9%
5 years average ROE: 24.9%
Normalized EPS using average ROE: N1.79k

Book value per share: N7.17k


Total Asset 55.5 billion
Current Asset 39 billion
Current liability 30 billion
Working capital 9 billion
Cash 13 billion


5% of Revenue: approximately 3billion
Excess cash 10 billion

OCF 3.5 billion
FCF 2.6 billion




Profit margin 9.3%

Gross Profit 24.5 billion
Operating Profit 8.6 billion
PAT 5.5 billion
EBIT 9 billion
EBITDA 11.3 billion


Capital employed 25.5 billion

Invested Capital 15.5 billion
Net cash 3.5 billion


Gross profit/Total Asset 44%

Quick ratio 43%


Cash Flow Return On Investment 13.7%
Cash Return On invested capital 16.8%
Return On Capital Employed 35.3%
Return On invested capital 38.8%


EV/FCF 9.9
EV/EBIT 2.87
EV/EBITDA 2.3
EV/Sales 0.44


EBITDA/Market cap yield 35%

5 yr earning CAGR 6%
3 yr earning CAGR 42%
Year on Year earning growth 89%


PE ratio 6.

Price/average 5 yr earning ratio 9.4


Dividend yield+ 5yr CAGR/ P(E) 5yr = 1.5

yMcy56:
DANGCEM sighted @285 with quite a lot of huge crossings at this junction....
GTCO: Looking up.....
ZENITH: looking down.......guess it's because of the HOLDCO Plan......... Opportunity loading here I guess.

HOLDCO blublabla opportunity.... Luck and ready

beejay1:
https://doclib.ngxgroup.com/Financial_NewsDocs/ZBPLC_-_HoldCo_Announcement.pdf
Correct me if I am wrong, but this looks to me like Emefele favoring Zenith bank to minimize the effect of the 20year limit policy as communicated on 24th February 2023. Why is this approval coming now?

So Zenith bank is joining the HOLDCO train