₦airaland Forum

The way I-invest works is that it pulls all the different opportunities (Eurobond, TB, Commercial paper, Fixed deposit) in one place for you to chose from. All of them with different rates and duration.

It is now left for you to select which one you want to invest in. Considering how good I think they are, I think they do a bad job blowing their trumpet.

locodemy:
What's the minimum period of investment?

Una sure say non be this Emefiele judgement be the cause of this blood on the dance floor?

Baba where you for see trillion? This is what I got.

Result summary:



UNITED CAPITAL PLC H1 JUNE 2023 RESULTS (UNAUDITED)
NGN 2023 vs 2022

Gross earnings: N11.014b vs N9.11b : 20.90%
Profit/(Loss) before tax: N5.543b vs N5.243b : 5.72%
Profit/(Loss) for the year: N4.689b vs N4.435b : 5.73%
Total comprehensive income/(Loss): N24.548b vs N4.979b : 393.03%
Net Assets (vs 31 Dec): N48.535b vs N32.987b : 47.13%

Current market price: N14.00

Ibrahim505:
United Capital Plc's financials for the first half of 2023 are out, and they're pretty impressive:

Total revenue went up by 20.9% from last year, hitting N1.01 trillion.

The investment and net trading income grew by 24.4% and a massive 137.6% respectively.
Financial assets gains soared over 100% compared to last year.
And other income shot up by more than 50%.

Profits before and after tax increased by a modest 5.7% each.

Operating and total expenses saw a steep hike of 69.0% and 41.5% from last year.
Given their performance, it is recommendable to buy in, with an entry price of N13.50 and an exit price of N16.00.

Small messies and see cry everywhere.

But this is one problem I have with chart people, how come charts never pick things like this until after they happen and then they will now attempt to use charts to explain it.

E be like say d next fuel for this market na minister's list after which the market go find its real level.

I think we can now categorize various stocks into Liquid, Viscous, Illiquid and Rigid Stocks.

I put a stock like Daarcom under rigid as they non de move

The promise was to have a single currency so that both rich and poor will get at a single rate. Not that the rich will get at 419 naira and regular folks get at 775 naira.

As long as everyone gets it at the same rate, then we can now know the real level of the dollar.

China will give an arm and a leg to have an exchange rate like this but US non go gree. Folks should start thinking of what to export rather than join the band wagon of those whose only stock in trade is to complain.

Ah you try. You have your strategy and it works for you.

No one can begrudge you. E be like say I set outside some funds wen non go pain me for this kind risk too.

locodemy:
What of those that made over 20m profit in Japaul within 6 months.Almost 400% na moi moi?

You spent around 3.5million and made around 7.1 million like this so. Profit of around 4 million. How long did you hold if I may ask?

If you bought Zenith bank at around 30 naira and consistently get a dividends of 3 naira, it will take 16 years to achieve this. Now I understand why folks sometimes take risk like this with these penny stocks.

Nice one

kolaish:
With due respect, I think you and others should stop trolling @locodemy. He has done well for himself and for all that followed him, if any. You mean someone advised you to buy a stock when it was between 25k and 40k and you are so frail that you did not exit the stock after 100% return. Are we kids here?

I bought 3m units of japaul at around 33k when I made comments about Japaul here and added another 6m units @40k making my average price 37k, I exited at 85k. That gain is fair enough for me. I like getting out of a stock when the door is wide open and the ovation loudest with pump and pageantry.

Summary

Please and please, if you are following someone, do not wait for the person to tell you to exit when you have met your target, because that person would have sold before coming to tell you here, just as he bought before telling you to buy.

I come in peace o.

5.625M o. What was the initial cost of this IPO?

Why did they stop all these bonus na?

emmanuelewumi:
Get your calculator and crunch the figures


June 2003 one for two bonus


June 2005 one for one bonus


September 2008 one for two bonus


December 2010 one for four bonus.



I guess you bought the second public offer that sold for N30.

Madam, you are highly appreciated here ooo.

yMcy56:
Thanks a lot sir.
Your post nullifies what I'd though about myself at least..... especially, based on these past few weeks events here, I'd thought to myself that it seems I'm actually a monkey hunter as some people had said....... ......then I consoled myself, that in as much as my intent is pure, i won't feel bad no matter what negative post anyone makes.

Baba, same strategy I de look to apply, just remember to give us signal when that time is right.

ositadima1:
I have said it before: Parabolic moves are always followed by parabolic falls. Maybe it is not that yet, maybe it is. But once I see my portfolio down 15%, including today's losses and Morgan's 2% commission, I am exiting everything. We will come back after a 30% to 50% drawdown, or as directed by the charts.

Was this value not your first target?

If my memory is right, you were expecting 65k ASI around December this year, if so, Christmas is coming earlier than expected

emmanuelewumi:
ASI closed at 65,669.



Let us see if there will be a pull back before the end of the week

I remember that post you quoted, those were in the early days of Lithium where there was still a lot of debate about the emerging technology.

But the company seem not to be doing a lot in terms of creating awareness of them being around. Maybe they should talk to justmanuel to add it to is line of product so that folks can have an option from Felicty
Nice one

litaninja:
2 years in, still rocking with zero issues and no apparent reduction in capacity / holding its charge. Na wetin the cost go be now I no go wan hear.

About 20KW of installed solar power. Someone was saying it is now possible to sell back to the grid in one of these energy bills that were recently signed. With this kind of power you are on your way to.

You also get mind put water heater o. Personally I would have opted for solar water heaters instead.

Nice one, this is really massive... No more than massive. I do not even want to press calculator on top the matter.

jonescosmos:
Hello fellas, longest time.
Who remembers this my inverter room?
Well, this is what it looks like right now.

2x 8KW Deye Hybrid Inverters EU-Version.
4x 15KW Felicity LPBF48300 Battery Packs.
24x 600W Canadian Solar Panels.
10x 540W Felicity Solar Panels.
Plenty Automations.
ETC.

Most likely Li-ion.
One can tell even from the physical size

Juror:
LiFePO4 or Li-ion?

To whom it may concern

NGX - NOTIFICATION OF SUSPENSION OF SEVEN (7) LISTED COMPANIES

Dear Esteemed Investor,



The Nigerian Exchange Limited (NGX), in a bulletin released a few minutes ago, has notified the investing public that pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, (Default Filing Rules), which provides that:



“If an Issuer fails to file the relevant accounts by the expiration of the Cure Period , The Exchange will:



Send to the Issuer a “Second Filing Deficiency Notification” within two (2) business days after the end of the Cure Period;
Suspend trading in the Issuer’s securities; and
Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension”,

trading in the shares of the seven (7) companies below has been suspended from the facilities of Nigerian Exchange Limited (NGX) effective today, Tuesday, 11 July 2023 having failed to file their Audited Financial Statements for the year ended 31 December 2022.

Afromedia Plc
Pharmadeko Plc
Royal Exchange Plc
International Energy Insurance Plc
C&I Leasing Plc
Presco Plc
Ardova Plc

In accordance with the Default Filing Rules set forth above, the suspension of trading in the shares of the above mentioned companies will only be lifted upon the submission of the relevant accounts, provided NGX Regulation Limited (NGX RegCo) is satisfied that the accounts comply with all applicable rules of NGX.



This is for your information and records update.



Thank you,



Best regards

Oh okay, you are looking at the absolute amount they paid but not comparing it to the share price.

In my own estimation, Zenith more ROI than Stanbic because you spend less with Zenith. Before this rally, Zenith was less than 25 naira and paying 3:20 naira whereas Stanbic was above 45 naira and paying 3:50.

Deadlytruth:
Here Zenith paid N3.10 for 2021 year end.
https://businessday.ng/market-intelligence/article/big-banks-dividend-comparison-gtco-zenith-uba-access/#:~:text=Bank%20analysis-,Zenith%20Bank,year%20period%20compared%20to%20N3.

Here, Stanbic paid a total of N3.5 for same period
https://tribuneonlineng.com/2022-stanbic-ibtc-records-n287-53bn-propose-n25-6bn-final-dividend/

I believe he used all 3 in the analysis.
He also added humor analysis

Deadlytruth:
I used to assume you are only for FA and TA but now I know you have a flair for CA.

Sorry, how did you arrive at this? I do not think this is corre t

Deadlytruth:
Stanbic's OS is just 10bn while Zenith's and GTCO's are each in the neighborhood of 33bn if not even more. So the relative scarcity of Stanbic coupled with the high EPS both occasioned by that low OS explains the gap you see between it and those two. Stanbic also pays higher dividend per share that each of Zenith and GTCO.

Disclaimer: I only skimmed through, so most of what I understand from this is from the headline, which in my experience can be misleading.

However, I believe Nigeria custom should just impose an export duty on the fuel and let it be a source of revenue for the country rather than try to stop, since we no longer have subsidy for fuel.

That way Nigeria and marketers make money also. These our neighbors must have really run us dry all these years then, if at this present rates many Nigerians are complaining, how come the fuel is still attractive to our so called poorer neighbors?

I just looked at your diagram again and I can see your diagram is actually correct, it was me who was mistaken. Perhaps because you put the trigger point at the top and not on the left.
My apology

ImperialYoruba:
Thanks for clarifying.

All individuals come to vote, those registered and those not registered. A decision of eligibility has to be a part of the process, it is a filter. So the decision point represent the fact.

Edited
However, BVAS accreditation is the beginning of the process. Accreditation is the filter, the human is the enforcer.

Say I walk in and gave pvc, they scan and Im not returned as a voter. BVAS has already filtered me out. But BVAS cannot stop me from casting ballot. The enforcer has to direct me away, and that is what that decision point does, visually.

Thanks.

I believe you mistook my comment for being political.

No, I was admiring your process flow and only made a professional suggestion on how to improve it.

I was not being involved that much in the political talk.

ImperialYoruba:
Decision point is directly below the statement box, you are incorrect for calling it the starting point.

The flow is concerned with the contention over data, not candidate eligibility.

Irev is just a mirror of bvas. If the mirror failed to reflect the object, then go to the object and inspect if its data matches EC8.

Debating transmission, whether manual or electronic, is only technical. When you transmit something it means you changed its state and gave it a new state or dimensional value. Its a technicality for legal argument because the dimensional does not alter originality in the object data itself.

So if the volume of data in BVAS and EC8 is 10million, whether you transmit the BVAS info to server or not, whether you upload to irev or not, the 10million does not change. To validate the accuracy you go to source - BVAS and EC8.

All these fanciful jibberish about transmission and upload and Irev and server is bojuboju...na smokescreen.

What i presented in this flowchart gives clarity to those who know and have followed tribunal and petitions.

Very nice try, please use a software to generate it again.

You started the process map with a decision point, instead start with something like, Candidate present self for verification.
Also the error is not even between C and D, it is only on part of D.
The upload to INEC server may have worked, it is the iREV upload that has been confirmed not to have worked in real time.

Nice one

Nice one boss

BullBearMkt:
Hello everyone! I hope we are all ready for the next half of 2023.

I made a quick report on NSE market, you could explore the report that dives into the performance of the Nigerian Stock Exchange in H1 2023 and offers projections for H2 2023, mainly TA.

Click on this link ==> https://drive.google.com/file/d/1h2OMrTmZMH_mIYZkuNXL_82Jv8tX7BbN/view?usp=sharing

PLAN YOUR TRADES AND TRADE YOUR PLANS

Interesting

I believe it is more than corruption, It is also a question of competency.

I say that because even when people manage their business themselves, they barely break even.

Maybe we should start considering doing our MBAs in Asia

emmanuelewumi:
Current return on equity is 30%.


Average 5 years return on equity prior to the coming of the current CEO was 8%.


Corruption, Corruption, Corruption.



When the current CEO came on board and started blocking loopholes, workers went on strike.

Someone said something about an average Nigerian few days.

Start a business and employ an average Nigerian to see what they can do to your business and life savings.


There is a reason why Dangote, Adenuga, Rabiu are more comfortable employing foreigners into sensitive positions.

One day we will be bold enough to admit that we may be a problem. How foreigners are able to identify opportunities and manage businesses better than us is really serious matter.

emmanuelewumi:
They have an new CEO, he is an Indian. The guy is delivering and creating wealth for shareholders back to back.


I wonder what the Nigerian CEOs were doing in the past

E go soon enter 50, e go soon enter 50 naira, na so I take watch Okomu move from that your 75 naira to over 200 now.
I do have the small units bout around 35 naira though.

DonDraper:
I felt bad after I bought Okomu Oil at N90 because I missed it at N75. The feeling got worse when tales of when the share price was N5 were told. In the market, the longer you hold the higher you chances of doing well as long as the business does well. Price doesn't matter too much as longer as it is below the intrinsic value. Some thoughts today as the market recalibrates:


1. What is the intrinsic value of GTCo?
2. Is it above N35?
3. If I buy at N35 what should I do so I don't feel awful when it drops to N20?
4. What should I do with the cash gift I just received? Wait for pull back? Go all in as time in the market is better than timing the market?


Picture herewith is courtesy of @BrianFeroldi

Interesting

Interesting

This strategy is like a trap, you can find yourself locked out. There are a number of times I have tempted to sell my Zenith shares but the fear of being locked out has always hampered me.

Ades1:
Don't forget that most of the people here throwing tantrums like little kids are only doing that because they sold their stocks just before markdown, because they were so SURE prices will come down after markdown. You and I know how the story unfolded after that.

No one knows for sure what direction the market will go.

They come here to preach how they consistently time the market to perfection every time without proof.

Slow and steady wins this race, I have been replenishing my savings in this euphoria, patiently waiting for that pullback or generational low.