₦airaland Forum

bastardson:
Abeg me self wan make 500m.

Can everyone quote this with their top 5 for the next 1 year.

It might help some of us know which to also go for.

I go first.

1. Aradel
2. Access
3. GTB
4. Transcorp
5. Japaul.

Thinking of replacing Japaul with Unilever


Don’t Air me guyz, I know say una be big boys. Let others join your league

In no particular order

GTCO

Zenith Bank

Kujira coin (Crypto)

Alibaba

BYD auto

Locotrader:
The cheapest stock I can sight now is CHAMS.

Imagine over Billion naira profit in Q3.

If you no do 10% full bid today.........

What's the pe ?

Agbalowomeri:
Yes it has not changed since SMN

Back then back PE's was around 15 na

Agbalowomeri:
When last did you experience PE of 4 in Nigerian banks?

Dont know. Didnt look at the NIgerian market for almost a decade

megawealth01:
@nosa you can search more to see

I don see am. To be honest I didn't think I was active here back then. Either that or I skimmed over the post thinking it was OANDO related

Agbalowomeri:
Ololo wan enter town be that
Nothing is impossible
I will be amazed if any bank cross reach N100, unless dem pay N10 dividend

At N400 GTB will have a PE of 10. That's not crazy given it's historical valuations and current growth rate.

This economy will normalize eventually, either that or we end up in a civil war.

Ades1:
Big man, aside from GT, what other stocks do you currently hold or see value?

I currently hold GTB and zenith in Nigeria and that's it

Xidget:
#Observation

Most FA investors advised people to sell banks stocks 2months ago when price was low because of dilution from recapitalisation. And buy back at Q1 2025 when it will become cheaper.

Same people are encouraging people to buy now that price is high. Now, I am wondering, does the dilution not matter anymore?

I didn't. I looked at the fundamentals and I couldn't believe my eyes. I still can't.

People are saying 60% I'm looking for 400% conservatively

Mpeace:
That gtco should shake body quick quick. Its 100 we want before year end.

Funny enough I don't want to to rally just yet.

megawealth01:
UNILEVER wey dey seriously undervalued

And you are just mentioning this now

yMcy56:
Quite some stocks on full bid.......
UNILEVER also joined......
it's well o

GT moved back up to 56......

Leave Dem to be focusing on OANDO

emmanuelewumi:
6 to 9 month

And then he includes a timeframe

BuchyD:
60-90%😳😳......Anyway,you didn't include a time frame.

Nobody can include time frame unless they are juju men

Raider76:
In the medium term I am going with FBN which I belive may have higher potential sentiment backed gains.

That makes sense. So Long as you understand your reason you'll probably do well.

These banks are so cheap that you're almost guaranteed to make money

designking:
If the UBA believe they are far worth more than ₦35/share, then they are mostly right.

I see UBA trading above ₦35 before the end of December 2024.

I might have to buy some units to add to my portfolio on Monday for long term.

While UBA is certainly cheap compared to its historical valuations, it is not amongst the cheapest banks.

If you want to enter banking stocks you might want to look at Zenith and GTCO

yMcy56:
GTCo @56!

Journey never even start sef.

No too loud am because I wan buy more but money never drop

safepaulooo:
FEWER POSTS AND PAGES

NSE DASHING EXPECTATIONS

Interesting metric

emmaodet:
Okitipupo shares on Nasd is virtually not available with about 2.4m bids and not offers.
Also, the listed companies on nasd is around 40. Not that much going on over there.
I can't even get okitipupa to buy.

Please what broker do you use to access the NASD

talk2me2:
Make no mistake, the result in page 15 is that of Consolidated Hallmark Insurance Limited. While the report in page 53 is that of Consolidated Hallmark Holding PLC.

You may like to read page 1 to understand the structure of the Holding Company (the group).

All the three pages attached are from the audited financial statement.

NB: This is not a recommendation

Thanks for this. I looked at the report and saw (as you have highlighted) that the majority of the bumper profits came from Net interest income. I also noticed the FX gains.

In my opinion the following need to be determined:

1, What asset did they invest in that gave them that much interest?

2, Is this income recurrent? eg, if it is some sort of euro bond, then when do the bonds expire etc.

Right now an investment in this company is a proxy investment in the asset that provided the net interest income. This is not necessarily a bad thing. Just that more clarity is needed

talk2me2:
omo consolidated hallmark holding PLC is not 'smiling' at all. Eps of N1.23k for a stock of N1.4k is not a child's play.

I also took a second look at John that guy is really Hot .

Thanks for this.

BabsO2:
Please compare the two book values per share for common NGX shareholder and you will see UBA is a far ahead. Already ahead of GTCO but behind Zenith. UBA is also ahead in EPS and CIPS.

Please what is CIPS?

megawealth01:
This is the third time you are saying this...

Because I own banking stocks (heavy on GTB) it is my interest to get people excited about banks (Particularly GTB).

I'm not being altruistic. I am shamelessly shilling my holdings

Nataba:
Massive accumulation continues @UBA.

The stock just broke its 52W High price and closed at #35.05

I believe most banks will break their 52 week high.

This rally has not even begun. These banks are insanely undervalued

Harvestock01:
I am in alignment with your position but the psychological profile of every investor ain't the same and that's why I refrain from such Catch 22 situations.

True. I was just feeling generous when I made the post.

Agbalowomeri:
Not V shaped reversal but pull backs. It should hopefully complete the 5 Elliot waves

Most likely there will be pull backs but how many people can successfully time those pull backs. In fact trying to time them will be a fools errand

megawealth01:
How much is this bottom if I may ask?

This is anybody's guess and that's my point. Trying to guess the bottom would most likely be sub optimal.

It's better to wait for the market to decide before stepping in

Harvestock01:
If he listens to your advice and he stopped buying but the stock starts reversing, how matter go be?

V shaped reversals are very rare. Only time I think I have seen it was in the US market during the pandemic.

There will be consolidation at the bottom

Agbalowomeri:
Baba this one won't range yet. Any day it stops falling, it will spike back. The market is still trying to place it so expect more volatility

Either way it is best to wait than to try and time the bottom

Harvestock01:
"Every mallam with his own kettle" apology to KarlT

Haha!! In as much as this is a competitive sport; once in a while it is ok to help someone from making an obvious mistake. This is especially true when one has no skin in the game either way of their decision.

USAfall2024:
Yeah, lesson learnt boss. This is my buying season and I just wanted to commit the fund to a decent stock. Aradel (despite being newly listed) and Presco were my picks. I met my Presco target since and have actually been patient with Aradel while watching it fall from 700ish to 500 before committing my first buy and bought more today. I guess I am not really that patient to wait it out for extra weeks to find better bargain entry. All the same, as long as the company’s fundamentals remain healthy, I don’t mind the falling price. Hopefully I might have a fresh budget to key into it when it share price settles so it’s still a win-win IMO.

Keep your money. Presco makes sense. It's been ranging for a while now and it's not likely to fall further. As for Aradel, nobody knows where market will call a bottom. You can enter now and it falls below 100. Just be patient

USAfall2024:
#350 or lower will be a steal. Tbh, I didn’t expect it to go lower than #400 but now I am no longer sure of what range it will bottom. I had a 5K units target and I currently have 3,645 units (BE @#458). I will complete the last tranche this week as the price dips further.

I'm not here to teach so I won't argue much but you don't need to try to catch a falling knife. Let the stock fall and settle. It will trade within a price range for some time.

During this range period you will have more than enough time to decide if it's worth pulling the trigger.

SonofElElyonRet:
At least you are about to break even 👍

You're joking right?

Opportunity cost, devaluation/inflation.

When it comes to this OANDO conversation I am amazed that people are still looking at this company. Then again I have seen people looking for ponzi schemes to invest in; with the hope they will cash out before the rig is pulled