lexxyrule:
, 53$ Skrill also available

I am interested. How do we proceed?

currentprice:
CP is working hard day/night scanning every stock to detect most undervalued one among other, when posted here instead of pple to do further search to detect why pple should buy or to jaa, they will be calling names.

i have seen one appears to be juicy again but i will like to see their Q3 report because this ^{improvement in the H1 bottom line seem to have other incomes increases and expenses reduces} thatz make it look goody. anyway,,, i post it or not doesn't matter now because no stock is immune to the current mkt mood. every stock will still fall, the more it fall the juicy it will be but anyone that want it now can just do little research, with the bolded will help to detect the stock.

_{^{Happy weekend!}}

Just sent you a DM.

Agbalowomeri:


Lol
I fit manage anticipated dividend yield of 15% and above by December/January if I no meet 'my target'

Further colour showing dividend yield at expected prices. It will be nice if the house could debate these expectations as to their feasibility.
This will help us properly prepare for the planting season.

Agbalowomeri:



Cp taking bull account Lol
Me na bear account I wan take when;

Diamond enter 50kobo
Zenith enter N13
Guaranty N18
Fidelity 70kobo
Fcmb 70kobo
Ucap N1.80k
Afriprud N2.50kobo
Honeywell 80kobo
Dangote Flour N4
Flourmills N12
Conoil N10
Uba N4
FBNH N4
Access N4
Aiico 20kobo
Nem N80kobo
Continsure N1
Constodyn N3
ASI 25k

#I dey my village, come beat me

Added colour to your projections. Are you staying out of the market till these prices are met?

Ehuatamuigunisi:

Thanks.
Do you have any information about their share? Is it profitable for short term investment.

I am very sorry, that was a tongue in cheek answer.

In my opinion, Gambling is a losers game on the long run and it is the betting companies that come out on top. The only betting company listed on the stock exchange Secure Technologies (formally Nigerian Sport Lottery) is however not an attractive investment as I am not sure it is operational or profitable (I have not looked at their financials)

Investing in well diversified stocks with good fundamentals should make you money on the long run. There are however no short term guarantees.

I can name a lots of people that have struck it rich from investing in stocks and I don't know any that made it through gambling. If you however want to make money from gambling, setting up or investing in a gambling shop is the nearest option.

Ehuatamuigunisi:
Investing in Stock market and investing in Betnaija, which is better?

Investing in the shares of the Betnaija company.

swilo:
Question please...

Which is a more favorable strategy from experience...?

a.) Use of stop loss or b.) averaging down

Secondly, what is a good stop loss percentage?


(the question may look naive but I ask to get honest responses based on experience)

In my opinion

Averaging Down if you are sure you understand the fundamentals of the business and you know you are buying at a significant discount to the intrinsic value.

Stop Loss if you are speculating and you don't know the fair value of the business.

currentprice:


if i hav posted it earlier, some will think because i mention it, the reason it move up. pple eyes on performing stock/good fundamental change my friend. stop thinking this thread can influence any stock. but if you think the thread can, abeg start talking good of tantalizer and multiverse and let see the outcome

This one that people are afraid to recommend stocks for fear of being called out. Everybody should do their independent research before jumping on a recommendation.

Which of these stocks are you talking about?

currentprice:
the penny stock eyeing that i thought could do magic run in short period is out of reach now, already up with 40% since last week

Which of these stocks are you referring to?

Mutual Benefits Assurance Plc - Proposed Rights Issue

Dealing Members are hereby notified that the Rights Issue of Mutual Benefits Assurance Plc of 4,000,000,000 ordinary shares of 50 Kobo each at the offer price of 50 Kobo per share on the basis of one (1) new ordinary share for every two (2) ordinary shares held as at 1 November 2017 will open for subscription as shown below:

Acceptance list opens: Monday, 6 August 2018

Acceptance list closes: Friday, 14 September 2018

This is for your information and necessary action please.

The share price is at 30k - 33k at the moment and I suspect that it has to rise to around the offer price of 50k before the end of offer if the offer is to be successful.

Fundamentally I have an issue with their Daewoo Securities loan which is both massive about 6bn and has been a source of FX risk to the company so will not hold long term.

currentprice:

_{^{i wonder why some don't think before posting, may be they just like to be noticed. wanted a cheap popularity by fire by force. SMH}}

Please let's stop antagonizing each other. Let ideas rule instead of our egos.

Cadillac15:


I never mentioned any name but I'm glad my post is touching your conscience.

Imagine 1 person with 3 monickers posting in 1 thread and you ask yourself for what purpose if not to defraud the public.

I remember how nomoney was carrying CI on his head like gala. I pity those it will be dumped on when its time.

This thread has gradually gone to the dogs but for records purpose, we now know that nomoney is same as mrtease and monkeyhunter.

My conscience is free and clear. I have only spoken for three stocks (C&I Leasing, Linkage Assurance and Union Diagnostic) and against one Conoil with clear justifications for my opinion. My comments are more often than not in response to people request for further insight into stocks and they are not for a one - two week pop in the price

Now let us look at the stocks again.

1)C&I Leasing (as Nomoney): First commented on C&I Leasing on the 23rd of November in response to MPeace statement.

"If the bolded is true then it is real danger. To raise 25billion by equity could mean rights issue or some other special placement that could see additional 20billion units of share or more. Hmm. If that is the case then this stock is an early candidate of 0.01. per share. Thank God for removing my interest from all these companies wey I no know wetin them dey sell. The 'excellent' result could be a ploy to lure both gullible and innocent investors into a long thing. Another DAARCOM loading, if true"

My response

An alternative view is that the authorized capital stays at 3 billion shares after the reconstruction given the reluctance to increase the paid up capital hence the reconstruction in the first place. If C&I Leasing intends to raise N25billion shares selling approximately 2.6 billion unallocated shares then on the average they intend to sell each share at approximately N10 or N2.50 in un-reconstructed shares.

It is up 82% since then and 213% over the last year. Price was N1.37 then and N2.35 now

2)Linkage Assurance (as NoMoney): First commented on this stock on the 10th of May in response to rational mind's statement

"Fine result, may not be sustainable though going by Q1. What's your fair price biko, mine is around 200% discount
cc:Mcy56 (Insurance food don land grin)"

My response

It is sustainable actually.

Linkage Assurance owns almost 12% of Stanbic IBTC Pension Managers which makes up the bulk of it's value.

Stanbic Pension Manager's will pay Linkage N2.5186 bn as dividend for 2017 which will reflect in the 2018 results. Stanbic is the market leader in the Pension Administration space and any body that buys linkage is indiirectly buying Stanbic Pension Manager's at a discount.

I am still buying this stock and the jury is out on how this stock will perform.

3) Union Diagnostic(as MonkeyHunter): First commented on the 26th of July in response to Pluto09 statements

Just be careful. Just sold my holdings in the company this week after being trapped for many years. Na only aso savings remain now from my legacy stocks

My Response

This is suffering from the ignored stock effect. The share price has not performed in the past so nobody pays it any attention.

Union Diagnostic had negative retained earning for a couple of years (- N635m as @ 2015, -N320mas @ 2016) which has now been written off with the latest result. (+N157m as @ Q2 2018). The company is now in a position to pay dividend to its long suffering shareholders with a reasonably high dividend yield at the current proce

Market Cap is N710m 2016 PAT was N316m valuation wise it is pretty cheap. With the latest result it is on track to exceed the 2016 PAT.

The demand for their services (Medical tests) is huge, profitability has been consistent and growing steadily over the past 4 years and capital requirement is low with minimal debt. Float is 49% or N340m so slight buying pressure pushes the share price up.

One should not be anchored to the past but update the prospects of the company with recent information.

Cheers
The monkeyhunter


Didn't buy this stock as it went on full bid before I could buy which highlight the reason why most people buy stocks before recommending the stocks. Recommended when it was 20k. Kindly call me out if anybody that buys below 25k is at a loss in a year's time.

4) Conoil (as MRTease): First recommended against this stock on the 10th of July 2017 in response to stcool

Huge Contingent Liabilities from lawsuits that can also wipe out shareholder's funds. Judgements have already been given against the company in lower courts. Kindly review last year's financial results.


http://www.nse.com.ng/Financial_NewsDocs/18498_CONOIL_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_JUNE_2017.pdf

page 54

One of this contingent liability has now crystallized. Anybody that heeded this warning should be grateful



Those are the only stocks I have commented on in the past 8 years and I can still defend each recommendation but you will still call me a MoneyHunter. You that you are not a MonkeyHunter please give better recommendations than the one I have given. That way this community benefits

I have explained the reasoning behind the adoption of the moniker MonkeyHunter. We need to be free to recommend stocks without being called names. I use recommendations in this forum as a pointer as to what direction in which I should focus my research. IF my research confirms the recommendation, I buy else I ignore.

If you have any issue with a stock I recommend please point out the issue with a firm basis for the objection as this might help me discover something I might have overlooked

On multiple Monikers, think of it as having multiple phone numbers or email address. This does not make you a fraudster.

Cadillac15:
Reading through that proshare content above, i was just thinking of one 'oga' who never contributes his analysis here until he is done buying.

If we are brothers and sisters in the lord, like its always quoted here; then the aim should be to educate the less educated ones instead of defrauding them.

If you have an analysis to share, share it. If you dont want to share it, keep it to yourself please.

Dont come and say there is a stock capable of doing 1000% in 2days, then you keep the gullible ones guessing while you load up and then you give fake clues to tease them and prolong the suspense.

And after making sure you have got them were you want them, you announce your Bait and then there is a scramble to position in the stock which sends the price to the moon, while you offload on them and move on as if nothing happened.

Then you come and tell us how you chopped and clean mouth on so and so stock

I have seen it play out here time and again. Funny enough, they will never try if with the large cap, liquid volume stock simply because the plan will fail as this forum cant move such stocks.

They will always go for the small cap kobokobo stocks with serious illiquidity so that the scramble can get them 100-200% profit at a go once NSEMPA visitors rush the stock.

It is fraudulent and if you indulge in such practice, you are simply a FRAUD and have nothing to offer.

It is only rational to conclude buying a stock before making your interest public else you might make it difficult to at an attractive price and benefit from your analysis.

I will expect most peopke to do so and I will not begrudge anyone who does so.

I and I suspect lots of people have benefited from recommendations from both Currentprice and Onegentle guy. For example CP was instrumental to my buying Dangflour below N6. Most recommendation from CP have given clear opportunities for profit anothrr exampke is C&I leasing which he recommended around N1.2 and is now around N2.4. Clearly these recommendations were not just for a temporal pop in the prices as the price inreases have been significant and have persisted enough for people to profit fro their recommendations. Plese dont let discourage them from the fantastic work they are doing on this forum.

I love constructive criticism. If you think someone recommends a shitty stock please counter with a better stock suggestion so we can see how good your better suggestion works.

Please note I am in no way affiliated with current price or onegentleguy (used to suspect they are one and the same person). Will love to meet or chat with them though as I truely think these guys are phenomenal.

For the record my other monikers are Nomoney and MrTease.

awesomeJ:

Cornwall would say "sought'

Meanwhile, formula for Agba's fair price= current price/2
regardless of results.

Quite straight forward.

Agba might be focusing on preferred entry price while CP might be looking at target exit price hence the difference.

rebekah2011:
I do not understand how Oando will post the Half year 2018 accounts without submitting the 2017 full year to NSE. The company did not make a profit as it is painting it to look all over the news. How can Oando Trading be making loss? I do not get it.

You can use the Q2 2018 result and full year 2016 result to infer the 2017 full year result. Look at the change shareholder's fund (Total Equity) changed between 2016 and Q2 2018. This should be equal to the sum of Total Comprehensive income in 2017 and Q2 2018.

Parisfran:

One major implication will be Mergers among the average firms with good management.

The ones on NSE might also want to raise capital.

I see a lot of smaller insurers locking shop though, just like when capitalisation was raised a few years ago.

This site explains it better. http://punchng.com/naicom-raises-insurance-firms-capital-base-to-n15bn/

Nobody locks shop? Your shareholder's funds determines the kind of business you can do.

Some insurance companies have already crossed the mark e,g Leadway, Custodian, Linkage, NEM

A couple of Insurance companies will go for capital raise especially those close to the expected capitalization e.g AIICO, Mbenefit, Sovereign, Regency, I expect the management of these companies to be more focused on their share prices going forward as they prepare for a capital raise.

While some will settle for a reduced scope of business or merge with other insurance companies e.g Staco, Stanard Alliance. as they cannot approach the market for fresh funds

Eventually we will see a clear differentiation in the insurance space with the smaller players losing some customers to the larger players while the larger players will have less competition for some type of businesses which will enhance their ability to makeprofit for shareholders.

phemmie06:

How do you know that, if you are a new member?

Two Questions

1. Did I claim to be a new member?
2. Does it matter if I am a new member or not?

Mpeace:
New moniker old member. If you know, you know

Noticed that anybody that recommends a stock is immediately called a monkey hunter to discredit him and his opinion so before you call me Monkey Hunter I decided to declare myself a Monkey Hunter so we can move pass that and look at the arguments for and against the stock.

Wish we will focus on the message regardless of who the messenger is.

http://thenationonlineng.net/insurance-firms-get-n15b-recapitalisation-mandate

Your thoughts on the implication of this re-capitalization mandate on Insurance Coy and their share prices

DOLLARTEX:
this monkeyhunter I am suspecting you.lol

But why? Because of my name? Better get used to it.

Share price (Union Diagnostics) is at an all time low of 20k with no dividend over the past 5 years so anybody selling to you is not making a profit.

Share price at 20k has only upside potential and no down side potential. The shares can and will easily double. 7.1m gives you 1% of the company. N35.5m gives 5%.

Coy has no bank debt, over N3b in land and buildings N400m in receivables, N100m in cash and total liabilities of around N200m so little risk of distress. Did I mention that they are building a flagship hospital and have 20 branches including a branch in VI of which I suspect that they own the building (close to Jevnik in VI) give the value of land and buildings on their balance sheet.

If you like buy if you like dont buy, me I am the MonkeyHunter

Please note I have never owned a share in this coy but that will soon change.

pluto09:



Just be careful.
Just sold my holdings in the company this week after being trapped for many years.

Na only aso savings remain now from my legacy stocks.

This is suffering from the ignored stock effect. The share price has not performed in the past so nobody pays it any attention.

Union Diagnostic had negative retained earning for a couple of years (- N635m as @ 2015, -N320mas @ 2016) which has now been written off with the latest result. (+N157m as @ Q2 2018). The company is now in a position to pay dividend to its long suffering shareholders with a reasonably high dividend yield at the current proce

Market Cap is N710m 2016 PAT was N316m valuation wise it is pretty cheap. With the latest result it is on track to exceed the 2016 PAT.

The demand for their services (Medical tests) is huge, profitability has been consistent and growing steadily over the past 4 years and capital requirement is low with minimal debt. Float is 49% or N340m so slight buying pressure pushes the share price up.

One should not be anchored to the past but update the prospects of the company with recent information.

Cheers
The MonkeyHunter