₦airaland Forum

emmanuelewumi:
Someone sold in January 2023 at over N8.00 after making a profit of over N5 his purchase price of N2.50 within 2 years

The situation in 2023 is very different from the situation in 2026. I would not have been bearish in 2023 but I am very bearish in 2026

MeezPat:
Is earnings growth of 30% certain for the next 5 years?

I really wish I could short this stock

mikeapollo:
It would depend on the purpose and the time horizon.
In the short-term, the dollar is not expected to be too strong because of some domestic issues in the US, geopolitics etc
In the long run, I would favour the dollar as the naira may be affected by various factors e.g. if US raises their interest rates, if govt revenue or oil price/volume goes down, which may force govt to devalue, socio-economic instability, etc

The days of the Naira always falling against the Dollar are gone. Over the next few decades we are going to witness strengthening of the Naira or stability against the Dollar

faoogoke:
About 22 companies did over 9% today alone.
Many also did close to 9%.
We are in interesting times.

Animal spirits don dey enter market

yMcy56:
The kind of funds that entered the market today though!!

Quite some stocks in New 52wks Highs...

OANDO do quick and join this train o, some of us believe in you ....
Common! You can do this....😁

CHAMS closed @4.59!
Meaning some things are going on in the background......
Is it MM?
Is it some accumulations ongoing?
We keep monitoring mvmts here...
CHAMS must deliver.....let me do the work of stockpromoter here too.😁

Final EPS is 10 kobo. We are looking at a PE of 40. Even if they double EPS next year we will be looking at a PE of 20

leo1234:
Better performance
Steady growth

These are not objective metrics.

leo1234:
Wema Bank is a better deal.

Based on what metric?

yMcy56:
TRANSCORP POWER
Final Dividend: N4.00
Total for 2025 FY: N5.50 (final + interim of N1.50)
https://doclib.ngxgroup.com/Financial_NewsDocs/45983_TRANSCORP_POWER_PLC-TRANSCORP_POWER_PLC_-_Q1,_2026_POST_BOARD_MEETING_NOTIFICATION_CORPORATE_ACTIONS_FEBRUARY_2026.pdf

STI
https://doclib.ngxgroup.com/Financial_NewsDocs/45982_SOVEREIGN_TRUST_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_FEBRUARY_2026.pdf

ECOBANK
https://doclib.ngxgroup.com/Financial_NewsDocs/45981_ECOBANK_TRANSNATIONAL_INCORPORATED-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_FEBRUARY_2026.pdf

Ecobank result is not showing

Ibusho:
I pity those selling their Access Bank shares like pure water, e go pain them like hell soon

Calm down. I still get one more tranche to buy.

cyrilex202:
Expact in the house. Which stock can u recommend for a long term hold of 5yrs for great return on investment

Access Bank or Zenith Bank

floval:
Guys, I’m considering investing ₦2 million in the short term, and I’m currently looking at Access Bank and Oando. What would you suggest? Your responses and recommendations would be greatly appreciated.

Access Bank

essentialone:
What is the present EPS of Wema Bank Plc. N7.08 or N4.82 ?

The N7.08 figure was calculated using weighted average outstanding shares. N4.82 is the actual figure (not looking at my spreadsheet right now).

P.S this was the stock I was referring to in my previous post.

yMcy56:
A good one Sir 😊
Happy New Year! 🎉🎊

Good one ke, we need to pump the market

Deadlytruth:
The bolded got me rolling on the floor. I can't agree less. Honestly this is not the best or right time to bring someone especially a close friend to the stock market. Prices have risen so high that any new entrant into any stock this period is likely to receive deep hair cuts. I too am having someone asking me for stock recommendations for him to buy next week Monday. He has opened an account with a broker and deposited N1.5m. I have told him to just let the money to be sleeping there rather than use it for experiment on any stock as of now.

Ah, wahala!! Who we go come use as exit liquidity?

pluto09:
Don't know where the 3.2 was coming from.
N2.2 is the correct eps

Could be a typo.

Anyway, the company no sexy at this price again

debeey87:
Cwg
Eps - 3.20 Naira
https://doclib.ngxgroup.com/Financial_NewsDocs/45933_CWG_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JANUARY_2026.pdf

I have EPS of N2.22

Bonjovi13:
Thank you Agba. Which stocks would you have advised me to buy.

Buy Access Bank or Zenith Bank, or better still keep your money in fixed deposit and wait for a pull back. Valuations are looking rich

Agbalowomeri:
Is it a bargain at a PE of over 10? Compared to other available options?

As I update my spreadsheet it is becoming apparent that this market is not so cheap again. Outside banking and financial services this market is fairly priced at best.

Agbalowomeri:
Seems we've all slept on Custodian
I didn't believe they would maintain that growth

Must you loud everything?

This one slowly crept into my bedsheet after result was released.

Next pull back should be interesting

unite4real:
As a company they are obligated to follow the rules and regulations. But as individuals, we have our own duty to use the figures that will give us the picture we want to see

I don't believe there is a rule that says they should use weighted average for outstanding shares.

One of the companies on my watch list released a result that at first glance was looking very sexy. When I entered the numbers into my spreadsheet I realized that, while the result was good, it wasn't as sexy as I it initially looked. They used weighted average outstanding shares and this boosted their Earnings per share and price to book ratio

unite4real:
I looked at the exact reported EPS of 134.38 using the weighted average

All this weighted average nonsense should not be allowed. They should use outstanding shares as at when the year closes

emmanuelewumi:
I do it manually.

It takes less than 15 minutes to do it manually

People don lazy.

Doing it manually is the way to go. You catch things others miss. For example, FCMB annualize their EPS in their quarterly reports or there are now companies that use a weighted average outstanding shares in calculating EPS. These sort of things give the wrong impression as to how the company is doing.

My advise, spend a few hrs setting up a google docs spreadsheet with metrics you use in your analysis, once you have it setup, its just plug and play with the numbers. This spreadsheet can last many many years, and you can add more metrics as time goes by, I set up my spreadsheet few years ago and it has done wonders for me.

emmanuelewumi:
I also have Zenith, GTB, UBA and Stanbic IBTC shares

You na index investor

emmanuelewumi:
N1 million invested in Presco in January 2021 is now worth about N22 million in January 2026.


You can't get this from Banking stocks lailai

As someone who is bullish on banks I am excited reading this

pluto09:
Some stocks are already in a bubble while most are fairly priced.
PE of less than 5 can mostly be seeing in banking stocks.

Very true. You also need to factor growth in earnings

iskalamong:
Mathematically speaking, the probability of a major market crash is always low.

But because it can and may happen, smart investors (individuals or institutions) must have a plan for it so that they are not wiped out by it.

This is the reason for risk management: traders using stop losses, position sizing, limiting leverage and even insurance in general (beyond financial markets).

Stock markets go up over the long term. If there is zero risk of a correction or a market crash, then there will be no need for stop losses. Just buy with as much leverage as possible and become as wealthy as one can be.

Sadly, this is not the case. Thus, risk must be managed.

Cheers bro!

Iskalamong

.

.

Please all this my talk of market crash is extremely premature oh!

Nigerian economy is just resuming growth. Even though it seems prices have risen, earnings have risen to justify the new prices. Stanbic for example released result today and despite the recent run up in prices the stock is trading with a PE of less than 5! That stock could easily touch N200 and still be buy.

So even though I believe we would end up in a bubble I don't think we would get there for another 5-7 years.

pluto09:
The bear will surely come but nobody can actually predict when it will happen.
I personally think the market dynamics have moved beyond what we had in 2008 and the possibility of having a major crash in the near future is a very slim one.

We are no where near bubble territory but I suspect we will get there. Once the money being made right now starts to hit main street, people start seeing their friends/neighbors buy new cars and mansions then you will really see interest. If I were to guess I would say we are a few years away.

crownprince2017:
I don't think because people want to open a trading account is a primary sign of a bubble.

We should be guided by price of stock being the function of earnings, large deviation from this should specify a problem that must be explain by other factors which must be logical. illogical explanations should be enough for an informed investor to stay away from such companies.

Singing bubble at any slight opportunity make the market looks as a difficult game and chase people away.

My ultimate signal to flee to cash is when my mother calls me and asks how she can invest.

So for me this is how it works, markets start to do well; then my siblings hear about it through their friends etc. They then call me and ask how can they invest and what should they buy. I give them something, they make some money , and then they tell my mother. The minute my mother calls me and asks how she can be involved, I RUN AWAY.

This has worked with crypto and the stock market.

Right now I am looking at the market. When the madness starts I stop looking at the market and I start looking at market participants. The madness has not started oh. Those who were around in 2008 will testify as to how crazy things get. People were bribing to be involved in private placements. Something tells me we will get there with this boom cycle. It may not be soon but we are going there.

Do you remember that there was a time people were buying crypto accounts?

Markets do get crazy

iHaveMadeiT2:
The banks have made it. We have eyes on sectors or coys that are in the process of making it so we can jump on the bandwagon and make it together

No wahala. We are here for you people

yMcy56:
Boss, but financial literacy is not bad nah.....
We still have small percentage of people who have knowledge about investing and it needs to increase.....
The only way those guys are going about it, or hijacking it to promise mouth watering gains is the area that needs be addressed.....
This forum and yours too can contribute to setting the records straight I blvd (of course the platform and this thread have been doing just that). 😊

Stock market is about investing and not a get-rich-quick place.

Boom and burst cycles are guaranteed in markets. Part of financial literacy is having the discipline to be invested in the burst part of the cycle as well as the boom. It is very good that people are getting interested in the stock market but how many of them will still be interested when the burst part of the cycle comes?

iHaveMadeiT2:
Meanwhile, we're watching the insurance sector now, especially Sunu

Make una watch banks na

yMcy56:
Lol.
Someone close, a distant neighbor called me yesterday that she would come and see me over the weekend to explain these things to her...
That someone somewhere told her to be trading stocks and she now remembered me that has told her about investing a long time ago but she refused....
I was almost begging her to even open a trading account even if she didn't fund it, let it be there, so that once she changed her mind, she can fund it.......
Always sending various Public Offers to encourage her but yet not bulging......
Na yesterday she remembered say she get my number.....😁
I've been thinking of the excuse I'll give to avoid meeting with her....😁

Meanwhile, at least if they're trading, let them remember to be taking profits along the way.....na the season be this btw...😊

Ok na. It is beginning to begin. I will jejely exit the market when people start bribing to open brokerage account or to bribing to invest in IPO.

This upcoming bubble will be EPIC!!!!!!