₦airaland Forum

Streetinvestor2:
You just dey cash out from this click and watch on some people..lol

To be honest I don't know why the guy does it. The value of the content he is giving for free far exceeds what he could possibly earn from using the content or as a Job.

I suspect someone will soon offer him a job and he will stop posting.

Most Nigerian financial content creators talk rubbish but this guy knows what he is talking about (most of the time). Person go soon employ the guy

Streetinvestor2:
Shot fired..lol

I no fire shot oh.

Agbalowomeri:
7-8?
Be prepared to handover to your grandchildren

I'm curious, did access bank still touch N19?

Agbalowomeri:
I don hear from the mouth of the oracle

For me, once banking stocks start trading with earning multiple of 7-8 and or above book value, I don bounce. I become a global investor again. Venezuela will probably be looking sexy by then. Unless of course there is a crash in the consumer good sector of the market in which case I may reconsider depending on how deep the crash is

mikeapollo:
The first half of this year 2026 will be bullish due to political patronage from election campaign funds, new capital raise by insurance, banks, Dangote Refinery, Oando, etc. and the bull would continue up to the latter parts of the year.. There could be some bearish months getting near to election time i.e. first quarter of 2027. If everything goes peaceful and successful in the election, there would be massive bull throughout 2027, all things being equal.

I guess valuations don't matter

GeeKudi:
Hope you're not using Bamboo? They will send you back to the village if you are not careful.

Whats wrong with bamboo?

Abso1uteZero:
I entered the market with 800000 this morning and I’m already down 15000 LOL.

I just selected “buy now” and my cost averages are through the roof LOL.

Learning curve and all.

Thank God I started small

What did you buy?

Come on my blog lets discuss

jonnysessy:
I really hope my portfolio to reach a billion naira before i retire ( Just like Mankind in this thread )
What you could have ask me is how many units i hold in each company. Mr Emmanuelewumi's Presco units is worth more than this total portfolio. But, i am not relenting as my strategy had always been consistency. This is why my dividend improves every year ( I am a dividend investor )

N1b is less than $1m oh

Agbalowomeri:
Okay here comes the media hype

I suspect a crash will come in the later part of the year

Streetinvestor2:
It is absolutely wrong. Let the person buy at market price of the floor if 10 billion is small money. That means they are discounting it for an insider.
Why should it be so.Is it not on the floor otedola has been buying FBNH

I'm sure there is more to the deal than we are seeing right now. After all not all major shareholders would benefit from the discount and they will raise questions.

Make shareholders wait for conference calls to get more clarity

emmanuelewumi:
N10 billion is chicken change to GTB.

Insiders want to increase their holdings and they don't want to buy on the floor, probably because it will affect the stock price.

The private placement of a thing is to get over 120 million units at a cheap price

It looks wrong to me

TerraCota:
https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/GTCO_Announcement_of_Private_Placement_.pdf

It is on NGX ......

Letter is dated 30th and offer is closing 31st. Seems they already have a buyer waiting. It doesn't seem right. It's basically selling to a preferred buyer at below market price. Seems wrong

awesomeJ:
GtBank doing N10bn PP at N80.

Link pls, abi are you an insider?

emmanuelewumi:
Based on the type of the business they do , some of those earnings are not backed by cash


What I do is to add a premium of 60% to 80% to the dividend paid and take that as my EPS for the basis of my valuation.

If a bank paid a total dividend of N5, I will assume the EPS to be between N8 and N9

Fair enough. I don't agree but I understand why you think so

Agbalowomeri:
We don tell Oga Nosa repeatedly o. Most of the bank earnings are fickle and not as "real" as sectors like consumers. I can't remember seeing PE of any bank beyond 5 in the last 15 years. Na GTB dey reach 5 sef because of the premium attached to it.

If I am wrong I lose some money. If I am right you guys will turn to incremental buyers. Time will tell

PoultryStuffx:
It's basically an app similar to the likes of bamboo. I can see that you have a stock and investment website forum so having an application like what I'm presenting to you can be very beneficial as you can generate leads from your forum.

Kindly let me know if you need more information.

Are you licensed and operating or its just the app

emmanuelewumi:
Better to also give a discount of 30% to 50% to the earnings of the banks.

Why?

Agbalowomeri:
NGXBNK rose from 350+ to over 1500 within 2-3 years. Which other repricing are you hoping for? Now na fundamentals and dividend go determine price for banks

Make I plug shamelessly small.......

Based on today's closing price

Zenith bank
forward PE 2.53
Expected Return on Equity 21.53%
Q3 Net profit margin 22.65%

Eco-bank Transnational
Forward PE 1.59
Expected Return on Equity : 25.82%
Q3 Net profit margin: 19.86

Now I dare anyone to find a listed company outside the banking sector that has similar profit margins and return on equity that is trading at similar earnings multiples.

Banking sector is grossly under priced relative to the market.

I have asked questions from other investors as to why they think this is the case and I am yet to hear any valid reason.

So yes, a repricing is necessary. Either the general market falls or the banking sector rises. The status quo makes no sense.

P.S I have one more investment to make in the banking sector in the first half of January but aside from that I am invested in the two stocks mentioned and as such you can look at it as me trying to sell my market.

Streetinvestor2:
It better for the person use his money to go play betnaija instead of this kind projection

N40 is low oh

mikeapollo:
How do you conclude that repricing has finished? There are still items that would need time to ''reprice''

repricing just dey enter banking sector

Agbalowomeri:
Repricing in dollar terms? Repricing has finished

I am of the view that the repricing in Naira terms is just beginning.

FGN budget has gone up, income for the population needs to go up, then assets will go up. Note that while some assets adjusted quickly others will take time, especially those that are used by the "masses" (non luxury real estate etc).

I believe we are witnessing rent going up.

With regards Geregu deal the buyers are betting that power sector issues will be solved. It is a bet I am willing to take not at these exchange prices though. Let gravity do a lot of work first. I can buy at market multiples though

emmanuelewumi:
Sold to a Money Miss Road, he is good at marketing his stocks to next extremely rich newbies

I don't think so oh. Nigerian assets are going to be witnessing significant upward repricing for some time

PoultryStuffx:
Anyone ready to acquire a newly developed stock and investment app? Kindly let me know to provide more information.

Please give more details

otokx:
Seconded so what can we buy?

My order for ETI just got filled. I bought some yesterday and bought more today. Average price is N42.47 so I'm in the red right now

otokx:
Thanks for the heads up.

I hold Zenith bank and I am not selling anytime soon. I am very bullish on it

Raider76:
Chai! Imagine holding Geregu now and you really want to sell.

I had to go check the order book. SEE OFFERS!!!

Raider76:
Looks like GTCO is firing it's engines.

Zenith bank just dey do anyhow

Streetinvestor2:
I guess it answers the question u asked me..lol.Dearis God oh

This is what I don't get, it took me months developing and tweaking the spreadsheet I am using right now to guide my moves in the market. That's not to mention the countless books, articles and news programs I watch just to catch the next opportunity. After all that work (and I know people who do a lot more work) you now expect that just by calling guru in the house you will get free advise?

Lets be honest we are all taking educated guesses here, you win some and you lose some. Just yesterday I chop cool 8% loss on PZ wey I enter just before result. On the flip side what I rotated into seems to be doing the lord's work.

My point is that the real "Dearis God oh" behavior is from people who just think that by coming to a free forum you can actually get good reliable investment advise.

I can give advise oh, but only advise that I believe will benefit me first or at the very least wont hurt me by adding to demand or supply of what I am interested in.

pluto09:
You mean a newbie should buy Transcorp hotel with a p.e of over 100

If newbie no buy who veteran go sell to?

Streetinvestor2:
Nice idea so that the people here or the thread can help your ministry. Ok now,una done hear.All should get ready to buy it..lol

Who do you think is my number constituent?

handsomebolanle:
The next bagger has started moving.
No one here will tell you but it moved in the last 2 trading sessions.
I will just get it at whatever price today. Tired of my bid failing. Naming it could be misrepresented as MH.
Shalom

I agree but I don't think we are looking at the same name. I'll post after I finish buying today

hallysonia:
oga nosa, I left a message for you on your blog, ngxforum.com

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