₦airaland Forum

Mpeace:
Mtn suppose pay today oh. Nothing yet.

Yes .

MTN has paid

jideflash:
FG approves Oxford Malaria vaccine
“The Marketing Authorization Holder is Fidson Healthcare in line with the Agency’s Drug and Related Products Registration Regulation 2021.
https://nairametrics.com/2023/04/17/fg-approves-oxford-malaria-vaccine/

This is good news

Zagee:
TOE has refused to price his possession for long and make shareholders smile. Oh well, I hope he losses out oh.

He learning the hard way.

Lion123:
Elumelu/Heirs Holdings are the ones behind the massive bids on Transcorp today and not pension funds or institutional funds. Also, Transcorp rushed to publish their bad results yesterday in an attempt to drive down the price but retail investors no dey gree sell. E dey sweet.

Well, Elumelu/Heirs Holdings won't allow transcorp out of their grip.

ositadima1:
I watched the movie nah, Jordan and his team made mad money by cunning people into buying bad stocks, especially dead penny stocks. It has nothing to do with volatility.

Those people in the movie were not even doing any TA or FA, just be buying stocks based on recommendations from the wrong people.

To make money in the market you need to do due diligence, whether TA, FA or with luck charms.

Well they feed on greedy investors.

dapix:
Abeg which bank una dey use o, as I never see my own o, and cement o?

UBA

Dangote Suger paid

Mpeace:
Transcorp will go places before a very fast reversal. E go be fastest fingers first. But befor then it has to go beyond 2naira

Transcorp is not for the impatience and faint hearted

Lion123:
No. According to the annual report, Tony owns less than 5% of Transcorp. If he owns more than what is stated in the annual report then he is likely committing a crime of non-disclosure which should be punishable.

I said through "Heirs Holdings".
Tony is Heirs Holdings chairman.

Mr. Tony O.Elumelo, CON ( Heirs Holdings LTD) (Indirect)
Mr. Tony O.Elumelo, CON ( HH Capital ) (indirect)

BabsO2:
What are these two men Otedola-Elumelu up to with Femi reportedly currently owning more Transcorp shares than Tony ?

Tony Owns more shares in Transcorp through Heirs Holdings

yMcy56:
I thought AMCON was the buyer

Femi Otedola

emmanuelewumi:
It is the lowest in the sector


Dangote cement has about 17.5 billion shares

Bua cement has 33 billion shares

Thank you.

Still wondering why the price is still @21

emmanuelewumi:
I was able to extract the following from the current annual report of Lafarge Africa about 2 weeks ago.



Revenue: N373 billion
Equity: N416 billion
Outstanding shares: 16.1b
EPS: N3.33
3 years average EPS N2.80k
Net asset per share N25.80k
Return On Equity 13%

Total Asset N601b
Current Asset N196b
Current liability N168b
Working capital N28b

Cash: N118b
Excess cash N99b


Operating expenses N113b
Capital expenses N23b
Finance cost N16b


Market capitalization N425b
Enterprise value N352b


Operating cash flow N100b
Free cash flow N76b


Profit margin 14.5%
FCF margin 20%


Gross profit N196b
EBITDA N108b
EBIT N86b
Operating Profit N84b
Profit after tax N53.6b


Capital employed N433b
Invested capital N334b
Net debt N17b



Gross profit/total asset 33%
Quick ratio 70%
Capex/sales 6%
Opex/Sales 30%


Return On Capital Employed 20%
Return On invested Capital 17.6%
Cash Flow Return On Investment 23.1%
Cash Return On invested Capital 23.6%


EV/Sale 0.95
EV/FCF 4.1
EV/EBIT 3.85
EV/EBITDA 3.25


FCF/Enterprise value yield 24.6%.




I will share that of BUA cement tomorrow and Dangote cement on Monday

Lafarge Africa got sound fundamentals.
It should be trading @50, but the Outstanding shares: 16.1b is high

yMcy56:
Twale sir. Na people like you just dey collect free money from NSE.
Long term also have it's advantages if one can get it right o.

Can just imagine if the SEPLAT I picked @312.70 is still there, Nahco @2.06, FIDELITY 1.77, etc. You for never see me here self. Will just be coming to read as a guest too. Lol. Let me make myself happy at least.

You are the Qween here.

If your have MTN hold it well o o

emmanuelewumi:
Very good.


Hope you paid your tithe

Yes o.

emmanuelewumi:
What did you buy with your loot

WAPCO - %113
UCAP- %304

Others
FBNH-%102
GUINNESS - %142

Since cost has been recoverd through dividends, i see no reason to sell them.

yMcy56:
April 6th is the final qualification Date , will be marked down the next trading day which is 11th April.

** When I was telling Pa Emma to specify earlier, e be like say my own too much.

In another news, I was searching for something and stumbled on the attached in my statement.......for doubting Thomases......
ZENITH picked @10.70 and 10.75 in March 2020......
UCAP 3.24, Fcmb 1.44/1.89, Wapco 8.90/9.10, Jaiz 0.42/0.47k, Transcorp 0.60/0.61k, Fidson 2.45, FBNH @4, etc.....and the Ucap was expensive then cos it went back to around 1.90......
Chai! It is well o
**Imagine if someone had retained the stocks at these prices till now!

Most of us didn't offload this stocks since 2020.

IKEJAHOTEL on full-offer

What is happening

RabbiDoracle:
In agriculture, Apples, tomatoes, grapes are still picked by hands by some companies in Europe despite using mechanised farming for the planting. No automation!

Why? Because they don't want blemishes or marks on the apple. Those ones with marks, they ship to Africa.

He doesn't understand that it is not all about low level jobs.

Some jobs are repetitive and humans breakdown doing that. Example was what he mentioned about Amazon Robots. These are huge repetitive jobs.

Elon making Tesla 75% automated knows that he can't put machines everywhere. Even those points where machines are doing the jobs still have humans doing the jobs of checking the machines for accuracy.

People value handmade jobs due to details.

Almost every part of Rolls-Royce are Handmade, except the paintwork.

RabbiDoracle:
Thanks bro.

You are informed.

Cheers

RabbiDoracle:
Bring back to the US? At what cost? Cheap labour in EMs made the cost of things very cheap for the West.

Which westerner will be paid a minimum wage in US to make things locally?

When Trump was telling Tim Cook to bring back Apple manufacturing back to the US, I read that Tim Cook showed him a custom screw used in the phone and told Trump that very few US companies can manufacture that screw in the US. And the quantity they make will be few as well. But he said that in China, they can produce millions of these screws as you demand.

Then you talk about the cost of producing the custom screw. It is almost nothing in USD terms. And the EM cheap labour made it possible. Hence selling phones at cheaper cost to westerners.

The EMs have a comparative advantage than the developed markets due to cheap labour and on that basis, manufacturing common things cannot be shipped back to the West.

That Cost of Labor is usually determine by Unions and activists.

Remember when when Twitter sacked workers, most India workers took over Twitter.

Cost of manufacturing in US should be cheaper, but too much activist are making things difficult.

RabbiDoracle:
(the part in bold)

Don't let Ositadinma1 read this part o. Because he will start showing you the valuations of US companies and the amount of oil and gas US has

People need to be informed and not entertained.

US companies with factories in all over Asia.
TSMC, FOXCONN and co are all manufacturing products for the US.

I remembered Trump was trying to force these companies back to the US, but our Liberal Socialists were shouting global warming.

RabbiDoracle:
The world has seen the retaliation against Russia. And they are learning from it. And this is driving many more countries out when you weaponise a currency that is designated as a means of global exchange.

That was why Marco Rubio said that they can't sanction all countries. So this is basically making sanctions ineffective.

US can only sanction countries and prevent them from using US banks for transactional purposes. However this will create many more countries to trade amongst themselves and avoid dollar by using banks that will not trade in USD.

To make people willingly use dollar will mean to engage all aggrieved parties and listen to their demands. And that means that US has surrendered. Will they go through this route? We wait and see.

Even US allies have seen that their economies are crushed when they stop doing business with sanctioned countries. Look at the oil tanker companies and insurance companies that were made to join the sanctions, they got crushed because other 'ghost' players started lifting oil and eating the shares of the traditional lifting players. If a company doesn't do the business they were designed to do, they crash.

Last month a 645 year old German metal company collapsed. This was a company that saw :
-Ottoman empire
-Portuguese
-Spanish empire
-Dutch empire
-British Empire
-2 world wars and other regional wars
-All calamilites on earth

But collapsed in 2023 as a result of energy crisis, high commodity prices and abiding by German sanctions.

The next phase of the fight will be rich western elites contesting with the policy makers as their businesses get decimated.

Actually the current liberals(Democrats) are socialists mined they don't know how to manage the Economy.
Over the years liberalist movements (Environmental Activists, Anti-capitalism, unions and Labour groups) have slowed the US economy.
The US now relays on manufactured imports from Asia, Oil and Gas from Eastern Europe.