₦airaland Forum

austinkenneth:
The other brokers that are still charging high commissions don't know what they are missing. More and more people are directing their trades away from them to Morgan.

That is their business not mine. I will never buy at such high commisions.

onye lgbo

Michael11stock:
If my children should ask me, daddy what was your greatest regret? I would tell them not following my instinct to bail out from transcorp to buy Diamond bank when it was 0.68kobo. By now I for don move to our new house from the proceed buy new car on top too

Mr.Mike married?

Barrytone:
Thanks, we had an accident by December and they insisted on going to court. We are in court now and my wife deserves a car to move the kids around. I have been investing for awhile. I have met my first target although the first milestone was originally marked for October this year but I surpassed it by October. Am breaking the norm because I over deprive myself to break even earlier than planned. Tampering on finances wouldn't make me miss next milestone by August 2022.

OK dear,

Barrytone:
Just did 90 days at 10.6% on the 5th of Jan but I just need to buy a car and wants to terminate, how much am I loosing. Principle was 6.9m at first bank. Thanks

ur old car nko?
buying a car and maintaing it is as liability except u truly need it.l like me l HV a certain amount my money will get to b4 eyeing any car,once it get to that l will get myself a luxurious car,now m focusing on growing my wealth without distraction.
We HV one car and l careless BC m working hard,strategizing how to achieve my goal in shortest possible time.in order to get the best without struggling so much after buying.

austinkenneth:
Ladies and Gents, sorry for asking again, IS IT POSSIBLE THAT THE TERMS OF THE ACCESS BANK-DIAMOND DEAL COULD BE REVISED?

UA being too careful?if u must buy ,buy small.

Michael11stock:
dey pretend for their, lie say you no know how carrot dey taste?

how u c life shape u baa??

Michael11stock:
You know say Ndidigood dey gbadun the thing from back so I just want ask how it feels like nothing more ooo please Mcy56

What are u saying?

Mcy56:
Lol. You dey mind me. Wetin I know.
Na pre-election risk we dey take, na middle of the class i dey sit now.
After election our tishas go resume class fully to be doing what they've been doing best, given us direction on which stock to enter at what time.

l can copy from anywhere,my eyes still sharp.l can copy from anywhere and friends like me BC l use to change d ingrich.

edwardaigb:
t
Tnks, i don enter FCMB

m l part of the joint venture sweetheart?
I want to de folo u o this 2019

Michael11stock:
Correct babe chop next level

My56sweetheart,hw u doing,
Che wa kpa?

Mcy56:
@ndidigood happy Sunday. Happy Sunday to everyone, we thank God for making us to see the last Sunday of the year 2018.

Happy Sunday to u too mydarling mcy56,ekuu holidays everyone

Mcy56:
I laugh in Kuvuki
I'm not diemond that kept you perpetually in loss position na. Others that entered at 67kobo are already recording 100% profit and more, you are still there wishing for it to get to 3naira. So set your priorities straight and don't take your anger out on me, alright!
So you even know bible? I'm ashamed of you that it's not reflecting in your online behaviour for that matter, I wonder how it actually is in reality.

mcy56,UA falling my hand o,is okay.

Mcy56 and Yayira,please let this season of love dwell in us richly.u guys misunderstand each other so much in dis faceless forum.l can bet if u c each other u might be best of friends.please is okay .l hate ladies misunderstanding each other.

Teewhy2:
Congrats to the couple, good one she stayed out of the media with her pregnancy issue.
The twins will be a blessing to their household. I use it as a point of contact to as many people that are looking to the Lord for this kind of bundle of Joy by this time next year you will have yours in jesus name.

Amen

Mcy ,2019 lgo follow u put my eyes for these kobo stock,ibi like say na there money dey,abeg teach me ur method.

Michael11stock:
you dey gbadun her from the back? omyyyyyy geeee

waaat?

My56,the insurance guru/queen
I Dee gbaduu una from the back

eagleeye2:
Still reading up on it. And also how safe are the invested funds?

is safe,cool and easy to move ur ego to anywhere eg stock MKT.and very convenient.

Mcy56:
Na true you talk, the Tisha dey stingy.
Who I go dey copy for that subject now? Maybe ndidigood go dey allow me copy her anyway.
I still dey think that Uniondac own, na to commot am las las go end am.

l node allow people copy me BC l nobe serious student,but if u must copy change some words so that crazy lecturer will not fail us BC l hate to carry ova.

Mcy56:
Anything is possible with the way things are going.
It closed 28k today and it traded at 27k during the market session. I even thought it will close at 27k self.
Let me talk like my boss: Remember bonanza time is approaching.

This bonanza of 2019 nogo pass me o,l miss the last one but since then.l de ready once my preferred stocks come down to my level l will pick.

Mcy56:
For me, it's Lasaco. If it can come down to around 21k-23k. It's more popular and I dont think liquidity is an issue here.

Btw, Mpeace insurance note don land o, if you like keep writing only oyel notes, if bullbearmrk exam reach, I go see who you go copy.

Do u think lasaco will come that low?

MonkeyHunter:
A little write up I made on Regency Alliance. Not a buy recommendation.

Introduction
Regency Alliance Insurance Group consists of the following; Regency Alliance Nigeria an insurance company in Nigeria, 51% ownership interest in Regency NEM Insurance Ghana, RIC MFB a microfinance bank in Nigeria, RIC Property and Investment Limited - a property and investment company and RIC Technologies an IT firm that provides car trackers for clients. The company is run by Mr. Biyi Otegbeye that owns an 11% stake in the company.
The company has a 6 year history of profitability it has grown its shareholder’s funds from N3.88bn in 2013 to N5.5bn while it has posted a five year average PAT of N420m which ranged between N220m and N611m


Financial Metrics
Market Capitalization: N1.33bn
Share Holders Fund: N5.5bn
Retained earnings Sept 2018: N484m
Asset Base N8.6bn
Liabilities: N3.2bn
Last Financial Year’s Profit: N220m
Latest Quarter’s Profit: N508m (9months)
Expected Full Year Profits: N626m – N700m
Price to Book Ratio: 0.24
Price to Earnings Ratio Backward: 6.04
Price to Earnings Ratio Forward: 2
Latest Dividend 3k
Dividend Yield 15%
Expected Dividend 3k- 4k
Expected Dividend Yield 15% - 20%
Finance Cost: N/A
Free Float: 78.6%
Share Price Year High 50k
Share Price Year Low 20k
Share Price 5 Year High 50k
Share Price 5 Year Low 20k


Bull Points
1. We expect an improvement in Profit after Tax (PAT) N660m compared to last year N220m. Full year PAT 2018 is expected to be 300% that of 2017.
2. The expected dividend yield 15%- 20% is expected to be one of the highest in the industry for 2018.
3. The forward PE Ratio is pretty low given the a forecast of about 2 which suggest that the stock is very cheap
4. Technically the stock is at the floor price and under normal circumstances cannot fall below this level which protects against capital loss
5. The company is in a stable financial position with little risk of financial distress
6. The company was able to profitable operate during the previous recession in the economy
7. Company stands to profit from the increase of interest rates expected in the economy
8. The company has a history of paying dividends over a five year period
9. The company has been profitable over a 5 year period and has paid dividends over this period
10. The company is a viable takeover candidate given the free float of 78%, affordability Market Cap N1.33bn and cheapness – forward PE of 2. Any takeover will make the price shoot up like with the recent case of NEM insurance







Bear Points
1. The stock has limited liquidity with limited mass appeal
2. The management is distracted. The MD has political ambitions but has not yet resigned from the company. This might lead to a diversion of funds and possible political backlash against the company
3. There is a potential that the company might soon have a change in management if the MD’s political ambitions come to fruition
4. The free float means that the potential supply off stock is substantial relative to that held by management.
5. The stock has low volatility as it tends to stay at a specific price points for prolonged periods of time first 50k and now 20k.
6. The company has limited exposure to quoted equities which was N697m as at Sept 2018

Thanks so much Mr.Monkey Hunter,l really appreciate .not ur buy recommendation but a confirmatory one to me.

Pls everyone,help me look into regal insurance,l don't do insurance since m trapped in staco since 08,but m thinking of trying to try my luck.

Mcy56:
Lol.
Me self follow go find work o xmas don near. Deepsuk where art thou? Work dey your side?
Is that mendes and loco finding work in that pic?

u should know naw,no be u and them de drag front seat for class,copying note as if tomoro node
Me l like coming late to class,sitting at the back,l no like copying tooo much note,jus my handout.

BullBearMkt:
...which work pple dey find nowadays. I beg yarn me

Aliko dangote the richest African still de expand Biz,breaking grounds,acquiring wealth and he node rest.
So why shd we depend on one stream.dazall.

My56 where art thou? Show ursef abi u folo de fine work?

Agbalowomeri:
I dey here, make we collabo

UA such a funny guy,oya nowww lezzz go dr.

Ah ah na everybody de find work wee dis place come quiet?

Yem0350:
Which of the MMF account?
Most MMFs withdrawal timeout are 5 working days

if l make withdrawal from Stanbic mmf b4 5:30 igo land
I really love their services,very convenient …

arduino:
Me too

u guys are kidding me right?au insinuating m a man BC l SD l like rich ladies.?l awz admire rich women,and l like saying it to their faces .l also like very tall woman beautiful or not.
My darling,m a mother of 2..BELIEVETHAT.