₦airaland Forum

jamace:
Please, in respect of KYC UPDATE, which other document can be used as utility bill apart from NEPA Bill, because I am using Prepaid meter?

If you get Payment SMS from the DISCO you can print it out.

Or, get a signed account statement from your bank showing your current home address,

Quick update.

Just got new information about the CSCS trading restrictions from Monday.

The CSCS notified all Brokers on Thursday to upload all their client's KYC information to the CSCE platform.

Before now, the only Brokers keep client KYC information.

But now CSCS also wants the client's KYC information, this might be due to SEC requirements to centralize the database for Dividend payments.

Meaning we might no longer need to fill share transfer and signature specimens forms.

locodemy:
Is Bulgari good for our economy?

Bulgari and Biden are the same

locodemy:
Covid-19 rises in Europe and partial lock down in the UK to set crude oil price very low.

Let's pray for Biden to win as he is ahead@ the poll......... Oil price is likely to fly because of his promises.

Is Biden good for the economy?

PORTPAINT is above the buying price.

The Nigerian Airforce has been in the news for good reasons these past months.

[quote author=dinyelutochukwu post=95481541][/quote]Is there any secret quoting empty thread.
I have noticed it for sometimes.

Dreamflyin:
Please any other good website or app to analyse stocks apart from Yoocha?

Try

InfoWARE finance

currentprice:
based on the latest report. Fidson better fundamentally compare to GSK.

valued more than N3.80 stock. ^{my opinion} according to my bedsheet

My problem with Fidson is corporate governance.

Transparency seem to be lacking in Fidson management.

megawealth01:
Are you sure? It will sure go that path

Just incase

Redoil:
almost all the European countries are going for a second lock down which might be up to 3months.

what or how is it going to affect our local stock exchange in terms of price depreciation

Crude-oil supply will drop, followed by a drop in oil price, every other economic activity will be affected.

onegentleguy:
Thanks bro !!

Yet another +1...
It's my Bday folks.

Pls join me in saying a big thank u to DEVINE for his GRACE.
Far above everything else, for his mercies and privilege of life despite my shortcomings.
...it can ONLY be GOD !! I remember the post above(a turning point)

No matter where u are, who u are and what u do, ALWAYS ALWAYS admit to his grace in ur life.
...Believe me when I say; it pays to do so !!

Regards

Happy birthday.

More Grace to you and your family in Jesus Name.

megawealth01:
We can't all move in at the present price... I will wait for that GSK at less than km5

If it comes back to 5 I will load more

lexy2lexy:
Gurus in the house, which will you go for Flour Mills or WAPCO? How much do you think both stocks will be trading in 6 months time

WAPCO

OBAGADAFFI:
NEIMETH --%51.71
MAY&BAKER ---%47.33

GSK - %101.76

onegentleguy:
U are welcome bro !!

Now let me tell u the very same thing I told @rebakah when he had doubt after I recommended NEIMETH @37-39k then.
Hear this;
Before u or any other doubter will see what I am seeing in GSK, the price would've headed past its YtD high of N8.60 and push towards N11.70... it's FVE, using a mix of key valuation metrics that seeks a conservative reward margin but factors in a high risk premium !!

U know go see am. ...the reason I mentioned the part in bold.(see post above)
I would've put out a few of my valuation models to spot HIDDEN VALUE, but I don't want to do a long epistle.
It's just like NEIMETH and WAPCO when we called for a buy in it. ...those who were only looking at the surface couldn't see it then, until now.

Bull or NO bull, GSK is a very strong BUY @ the current mkt price. ...infact, accumulate !!
I like when people have doubts though. ...I even inculcate it in my strategic play with positioning.
I will remind u of this post on the day of reckoning.

Btw, we also hold other great coys.
Selah

OGG, no need explaining too much.
Remember my post above.
Those are my profits from the three pharmaceuticals earlier this year

Danniee:
The bull is getting "mader".........

Abnormal bull.

Be careful, else you will be buying bad stock running with bull.

onegentleguy:
On the part in bold, I don help dig up the post for una.
...make @penboy no come kidnap me.
Anyway even if he does, I will just be chopping free food. My current small minimum wage no dey do me at all !!

It is well.

From this list

NEIMETH PHARMACEUTICALS, CHAMS, FO, GLAXOSMITHKLINE NIG, COURTVILLE, TRANEX(trans-nationwide express), UNIONDAC, PZ and BERGER PAINTS PLC.

onegentleguy:
No.
Hint soon !!

So you will hint us after

onegentleguy:
So I did an extensive analysis yesterday and found out a certain coy in a certain sector that holds IMMENSE VALUE !!

On the surface, those who look to focus only on earnings delivery(NPM in view) without a deep consideration of other very key valuation metrics will probably not see the huge potential therein.
I look @ the coys financial print(last 3 quarters in view), and I see some similarities with the drive for VALUE like that of WAPCO and NEIMETH in recent times.
...inherent REWARD is by far, way ahead of the combination of surrounding RISK and current asset PRICE !!

Using a fine blend of appropriate valuation models which incorporates a high risk premium, there's a strong chance that the said coy can deliver over 115% ROI in the short to mid-term and near 170% looking past the mid-term horizon or should there be a possible buy out.
With the said asset, the probability of a +ROI play is already near 1.

It is well.

This your riddle strong o

Any news on Conoil, why is it on full bid

emmasoft:
No filling of any form. Since it was a resolution passed in the meeting once you are a minority shareholder, you will be paid. I want to believe it's in batches. However, After COB tomorrow if you didn't get yours you can contact

CardinalStone Registrars
335/337, Herbert Macaulay Way, Sabo, Yaba, Lagos, Nigeria
01-7120090
registrars@cardinalstone.com

Thanks for this informatiom.

emmasoft:
Investors already getting alert for the consideration payment of 1.23/share since Friday.

Really, did fill any form before payments.

What is the process for getting paid.

Any news on law union and rock buyout and payoff yet?

rmx:
Received an alert for all my law union and rock shares this noon

But I did not agree to the sales nah

Really, did you fill any form.

Did they give any qualifications day.

onegentleguy:
On Guinness...
I wonder how some of u interpret financial statements.
...there is need to learn how to read between the line, extrapolate figures from a collection of key financial indicators/determinants before drawing conclusions.

For those talking about the coys current cash position, hear this;
Before u adjudge and assign a coys cash position as benefit to equityholders, u MUST;

1) rake off the coys debt position, particularly those of the near term(current liabilities in view)
2) Understand how that cash came about and how it is been put to use(cash flow activities in view)

On point 1, while Guinness YtD Cash position printed an improvement to approx N18.76B, over 70% of that figure @ circa N13.27B is a cash proportion from near term L&B.
...so actual accrued cash benefit to equityholders is approx N5.48B and not N18.75B.
One pivotal input that will give u a guide is to look at the coys quick ratio and compare it to that of its industrial peers. Guinness has now recorded a back to back(QoQ in view) negative NWC, with a quick ratio of 0.5x. ...the interpretation of this is that for every N1 liability in the books of Guiness, the company can only afford 50k from its readily available cash/asset to offset it.(the cash u so speak highly of)
Put differently, Guinness is currently insolvent !!
.............

Selah

The bold is it.

Willie2015:
Dose banks made money...
right under Covid 19 pandemic and full lockdown...
Dis is just a scratch...
Waitin for GT and Stanbic at d right junctn...

Remember the Market initially went down, before picking up during COVID

They made money then because the government was pumping a lot of funds into the system during the lockdown.

What were are experiencing now is Civil unrest, I pray it doesn't go beyond Friday.

zimams:
It is..
And it's all red at the moment..
Looks like UBA is threaghtening to go on full offer...

Na wa o..

Wow, the country is hot � right now, we should careful in the buying Nigerian stocks

Is the market open this morning

Law Union and Rock Insurance to Delist from NSE

According to the proposed scheme consideration, the N1.23 per share offered by Verod is a 129 per cent of the last traded share price of the company on February 27, 2020, at 95 kobo per share, being the last business day prior to the date the execution of the TIA and announcement on the exchange, and a 208 per cent of the 60-traded day weighted average share price of 59 per share as at February 27, 2020.



https://businesspost.ng/economy/law-union-and-rock-insurance-to-delist-from-nse/

MoneyMakingOppo:
Hahahaha no sir I actually made over a million naira profit on that trade Sir. It's one of the things that made me realize how empty-headed people like you are with your bullshit Kobo Kobo advice

1000 units is my minimum calculation.


Making over a million, is just profit from multiple 1000s.

Now imagine making:-

N5000 on 1000units of Zenith
N5000 on 1000units of GTB.

MoneyMakingOppo:
The ironic thing is that's actually some good advice last time I bought japaul at 20 Kobo I sold it that 33 Kobo.

Thank you for proving my point.

Your, Profits on 1000unit of your trade is less the N140.

Yet you call us small minded investors.