₦airaland Forum

MisterInvestor:
What app do you use in trading such huge sum in US stocks, i assume you are in Nigeria

Check out this post

https://ngxforum.com/thread/120/recommendations-international-investing-nigeria

I have discussed the options I use. If you have further questions please feel free to ask

Stockpromoter:
So far you don't deny Loco his weekly 10-20% in some of these insurance stocks,I am okay staying quite.
One thing I know is I was here you came and I will be here to see your end here.


I blame myself for revealing a trading strategy which I believe you also benefited from.

I am okay and doing pretty well bro.
If you know this,do you know the other one?
You have denied some people little things that can help them win the market at a particular time.

Enjoy the market alone.
Make sure you help the members to make your audio billions if true you are making it big.

I don't eat alone but you have forced me to start eating alone like some of the greedy and self centred ones here who don't care for others.

Kindly know that I am here always observing all you do.

Have a nice day

Even though I am yet to align with any of your recommendations since getting here, I respect your views. When people make recommendations the wise thing to do is take a look at the company yourself and see if your analysis agrees with the recommendation given. All these people who say that people are giving recommendation for selfish reasons are living in coo coo land.

Nobody pays anybody here for analysis. I personally give recommendations for two reasons;

1, To get the opinions of others to see if there is something I am over looking. Essentially giving me a second opinion
2, To potentially draw attention to company and increase demand for the stock

So please keep giving your recommendations. I don't think our investment methodologies align and as such I haven't taken advantage of your recommendations but trust me I have reviewed all the companies that you have recommended since I became active here. And who knows, one day I will hammer from your recommendation.

presiade:
Did you mean I “underestimated”? Please take it to -10% at the close of the market today. Let me see your influence.

Ogbeni the discussion is not personal. Calm down. For every transaction there are different opinions I think it's over valued you think it's under valued. I am not buying you are either buying or holding. No need to be sarcastic on top the matter.

Abeg free me to promote my ETI in peace.

presiade:
PRESCO is going back to car park N850/unit.

Bro, if you missed it, don’t try to drag it back—it’s a very big and reliable bus!

You really overestimate our influence on the market

Streetinvestor2:
If you don't know about a sector. It is better you keep quiet. This is the period palm oil is suppose to be cheap but the thing is already expensive. The local production no dey even meet demand. Presco is going to harmer and nothing is going to stop it unless natural occurrence happens to thr farms.All those who have mini plantation are making a kill now including my family. I wish we did invest big in it all this yrs

You guys are mistaking having a profitable business and having a cheap stock. Presco PE ratio is 14 as at today's closing price. Anyway lets see how the quarterly results pan out

jonnysessy:
From my own analysis this day trader failed woefully. He had completely lost out in the compounding. But, i guess he is satisfied for the little gains.

If we use the index as a yard stick; if you held from 2015 till date you would be in the red in dollar terms.

Prosper307:
Left GTCO, ZENITH, NAHCO, ARADEL, PRESCO, WAPCO, DANGCEM, SEPLAT, etc.

Left these real pillars, to go ETI.

Well, to each his own, make Nosa sha remember say NGX is a "unique animal", according to one guy like that.

We sabi say na OG e be sha, but be cautious with banking valuation, and moderate expectation of capital appreciation especially for a bank like ETI wer no de poo or vomit dividends.

Oh no i didnt. I bought GTCO at 38. Bought Zenith at N60 and now bought ETI at N46.

Each time the reaction from my fellow market participants was the same. And each time I laughed in Bini

unite4real:
to be honest, i would have bought close to 40 stocks on the exchange before looking at ETI

Great. That's why this game is not a team sport.

I love being on team foolishness

unite4real:
ETI is the most illiquid banking stock.

JAIZ and STERLING are even more liquid than it is.

Should even be trading not to far from ACCESS

That only means when the full bid starts una no go see buy. And guess what, I wont be selling!

Prosper307:
PRESCO you should have just bought and taken position swiftly. If you did, you wouldn't be so anti-Presco.
You go pack your kaya for ETI wer no dey pay dividends.
NGX responds to dividends o. Welcome back to NGX
My brotherly advice: Better take profit from ETI before dividend season sha

Why sell Zenith for ETI sef? hmm. To each his own

No worry about me, I like to lose money.

Meanwhile all this na bull market talk, let us be watching. I have had this argument several times on this forum and all I will say is I am laughing in Bini

crownprince2017:
Its now going down but not to 850 ba...

Waku up from dream bro...

Based on current earnings it is expensive. Now that earnings are expected to drop you think a 50% drop is out of it? Lets see how earnings pan out this year before calculating fair value

crownprince2017:


I ve given u the two conditions that can warrant that.. ones q1 results hit the market, bye bye to buying presco at sub 2k..

Anyhow you choose to spin it this baby is going down

crownprince2017:
Even long term, presco can never be priced at 850 except COVID like issue or serious natural disaster affect the operation of the company.

If Presco is priced at 850 that ecobank will be worth close to nothing based on fundamentals.

Time will tell

Now I'm even more convinced that I'm right

unite4real:
we never mentioned long term trend. We were all about the current price actions in the market between Okomu and Presco.

No one can guarantee a long term price.

below was my quote

Wahala pro max

unite4real:
PRESCO has gained 10% now N1,871.20

You are using one day price action to determine long term trend?

unite4real:
Even if we consider a modest 12x multiples, it means that for Presco to trade at N850, the EPS has to drop from over N134 to N70 annualized. Is the business having any fundamental challenge to warrant this sort of performance?

Bottom line is Presco cannot drop a 50% from current price to dip to N850 per share without the business undergoing some distress.

I respect your opinion though I don't agree with it. Time will tell if you are right

unite4real:
t N850 Presco PE ratio should be 6.3x. Even in the worse market downturn, Presco has not traded at such multiple. With the Institutional investors, HNI and FPIs who understands the fundamentals lurking around the corner, the will never allow the price to get to such a price point before they swallow all such offers.

You forget E in PE is expected to come down

unite4real:
Meaning Presco should sell for N850 from current price?

I laugh

Price is just a number. Look at the pe ratio and you will see a very different picture

Joyful365:
The likes of Ellah Lakes, Presco, Aradel, Guinness, Okomu, MTN, and Access Bank will shed at least 50% from their all time highs when the time comes. Watch out and check the charts

With the exception of Access and MTN I agree with this. I will go further and say they will lose more than 50% from their current prices.

Slammmmmmmm:
Okomu's real price should be 1588 or so... so it is still trading below Presco

I am really curious, How do you people arrive at these prices?

unite4real:
ok.
it closed N1710 today and i can bet it will still not go down to that level of N1400 - N1500.

There is no way Okomu will be selling above Presco at this point.
This alone is a catch

Is it possible they could both go down?

Asking for a friend

Sunrisepebble:
At 1,400-1500 I will re-enter

What's the rush, it will range trade for a while.

faoogoke:
No be only you, me too!

That smart lady ZAIN ought to be here. How I love her analysis.

You were on SMN as well? Wow!

Audacius:
Incredibly nostalgic. Just knowing such exist. Like an e-cemetery.

That old lingo: "Thanked 200 times".

That forum changed my life. Made life long friends or should I say acquired new brothers

zendi:
Senior Analyst Emma said the same thing in different words=

Oando insiders and minorities are playing different games.

Una no go kee pesin wit laff.

visit the OANDO thread on SMN via wayback machine and read through. You will understand why I genuinely feel sorry for people investing in OANDO

Please does anyone have a link to the Transcorp earnings call?

Frangel:
Actually, Retained Earnings is positive but Other Reserves is negative. (See Statement of Changes in Equity for Q32025).

Q4 Financials are not detailed enough; they lumped Retained Earnings and Other Reserves which is negative.

I think a good call.
Na their naija operations/results nor dey give joy.

Thanks for this.

yMcy56:
Ok boss, by your own calculations and metrics, what should be the fair value sir?

You can pls reply on NGXForum sir

Responded

zendi:
Oando to the moon one day.

Via NEWS of significant debt reduction thro Epic Fury windfall.

If the windfall loot no vanish enter Bermuda Triangle

Exactly. Wale making money and Oando shareholders making money are two different things.

mikeapollo:
Timing is key in this.
Access' results may come out in few days. If CBN approves and their dividend is attractive, the price would jack up.
@Bagwa says Oando is planning to announce dividend soon (not yet confirmed, but he seems to know a lot about the firm.)

Yea, it it's very tricky decision. I would dump the Oando sha. Would probably hold on to access. Then again I sold access few weeks ago to buy ETI but I'm not the smartest cookie in the jar

Itzlinda:
Thank you. I'll trim my access and oando and buy eti.

If they solve the retain issue. We might have 30-50% upward price growth

Access is also cheap oh BUT its return on equity is nonsense

OANDO has fraudulent management so I don't bother looking at it

mikeapollo:
But Zenith pays higher dividends than GT?

I dont care about dividends. I do care that other market participants care about it though.

I sold Zenith and bought ETI partly because I believe ETI would soon go on full bid but also because Zenith is about to pay dividends and I know a lot of people are waiting for dividends before they sell so I want to sell before them.

As una dey look market I dey look una