₦airaland Forum

emmanuelewumi:
Interest rates have been reviewed.

I just did an analysis of the expected interest expenses based on the NOPAT for the year. Most times NOPAT is usually higher than FCF.


Based on the H1 result you can calculate the Return on Invested Capital and Cash Return On Invested Capital. You will divide the FCF by the invested capital to get CROIC

emmanuelewumi:
Total is equivalent to about 170% of BUA cement equity.

Net Operating Profit After Tax will liquidate the debt in 4 years 4 months assuming the company won't pay dividends for those years

emmanuelewumi:
Made EPS of N1.88k in H1, N33 billion was used to pay debt in Q2. That is equivalent to EPS of N2.00 used to service loan.

Since they are done working for the banks, I am expecting a full year EPS of about N5.70k.

With a debt of N1.6 Trillion by Dangote cement at 20%, that will be about N320 billion that would be used as inteest expenses.

With debt of N700 billion by BUA at 20%, that will be about N140 billion that would be paid to banks instead of shareholders.

By the way interest rate is currently at 25% and both banks don't have a ROIC of over 25%

emmanuelewumi:
This is United Capital current stock coverage.

Lafarge is the only cement stock in their radar.

Ginalex:
I'm kuku secretly praying for it to happen so I can join in ... Make una no stone me abeg

emmanuelewumi:
Presco don cast

Streetinvestor2:
Madam you know how to dig old post.If you can dig mine it will be great.let any member here tell me whr I ever I said I am buy oando base on FA like some of my calls here.I have never checked oando results because is not of use to me.I will only check if the results is current.why will I make investment decisions if is based on FA on 2 yrs results. When alot can even change in a quarter result. I shouted it to heaven oando was based on street sense and a bet to follow the money..
And I will not disclose to anyone if I have sold or not when thr is no gun on my head


Oando do cast and will still post same tomorrow

yMcy56:
Seems you lack comprehension.
Even if you praise a stock, so you'd assume I won't carry out my DD?
Think I'm thru with you.

Do take care of you......in OGG's voice. 😁

ndept:
I have never seen you shout "IB don cast" endlessly the way you shouted "Oando don cast" today. On the bolded, I wish to tell you that this forum has been enjoying relative peace since the likes of you came and I believe many here still value their peace more than anything else. How can someone read your posts and swallow it and move on without replying, that will be unreasonable. What I am telling you is not only applicable on this forum but in public. Your behaviour reminds me of former Governor Ajimobi, who only value himself and his reasoning alone more than anybody else, at last he was humbled by the masses despite all the good he did in Oyo State.

Sincerely speaking, you are part of the resource person on this platform, but you spoil it with your personal relationship with others. Nobody expect you to be one sided in your post because this forum strives on positive criticism. But say your mind and leave it there, not repeatedly shouting and justifying your position on what many perceived wrongly.

Streetinvestor2:
It is even beginning to annoy me because of this oando matter. So because I am in a stock I should always be posting positive things about it .Did I tell you I am here to market stocks for any company. I have big investment in IB and i am still posting negative things here about it with millions of naira paper loss. If you don't like my post pls jump and pass or you won't like my reply. I didn't borrow from you to invest oh.If you making profits in any stock is by others singing praises of the stock then you don't know what you are doing.
Have you seen me attacking anyone here for negative comments on IB infact na me dey even attack ogg for posting positive things on IB because they don't add up to me.

Streetinvestor2:
You can see why I say people just come here for hand out or see nse as betnaija. I posted oando don cast.The best form of criticism should have been.i don't agree with you based on this or that.The only reason I have gotten so far is thr claim I have sold even when I was expecting pull back since on Monday.
It means many are not coming to learn how to climb the rope they are only interested in daily price action You will agree with me this thread is changing to a very wrong direction. Putting iit gentle ,it is becoming easier for monkey hunting if you can take investment decisions just because someone made a call
If you sold because I said oando don cast without rethink,pls answer yes sir.

Ginalex:
you too like VAWULENCE

yMcy56:
OANDO
Big players still holding tight to their stakes till now from the look of things......
Only retailers sighted on offer table.......
Earlier, some offers @ days high were removed....
This pullback seems temporal....
Still observing situation of things at the arena...... 😊

Not to be taking ad any form of advice.......No one will be blamed for your decision.

Ginalex:
800k only? 800k will be only for me soon in Jesus name Amen

Streetinvestor2:
My guy see wahala. You did your dd in sugar and sold even with hair cut. And after sugar began north movement. I went into oando after my own dd as a bet.I have the right to my opinion. And the decision to buy, hold or sell is your decision. It is possible I have sold and is equally possible I have not.Do I need to tell you my decision. The answer is capital No.

It is obvious people come just for hand out and not ready to make a little effort to learn.The only thing they want to check is price movement and want to see it going steadily north.I am now willing to help out well since na bet you come play



Onado don cast

Streetinvestor2:
Oando don cast pls take your decision as I have taken mine.I don't owe you explanation as you are not paying for it

Zagee:
I like the initiative. I think Osita does something like this, but with that his <can't remember> technique he uses.😁

I'm guessing you'd be running a sentimental analysis on the forum? If yes, me I just want to see your code block. Please....

Raider76:
I am developing what I will call NSEMPA Sentiment Index. Over the weekend I will go through all posts and count the number of times a stock is mentioned, and whether a buy or sell if indicated. Other parameters can be added later in further development. This will give a small weekly data base from which I will develop some form of an indicator to guide people as to which stocks are hot, and so on. In further development one may take the data daily and have periodic totals and averages. This system is commonly used in search engines, polling and market survey software.

So before I go on with it I want to know what people think about the idea. Is it a sensible, workable, or a stupid useless idea? Is someone already doing this or something similar? What may you add to make it better?

I will add that I do have a bit of free time since I am not working for anyone right now.

megawealth01:
Soon here will be full with DS and NS discuss and many will wish they bought them at #30+

If you like quote me say na me say make una buy

SonofElElyonRet:
While looking for news about Ellah lakes i came across below..... can the Ellah lakes experts say what impact this will have if any?


Leadership News
Ellah Lakes’ Major Investor Distributes Shares To Creditors, Shareholders
Written by Olushola Bello 1 month ago
ellah

Conquering the clouds on a journey to Ta Xua with the team - Road Trip Vietnam Team - Nếm TV

CBO Capital Partners (CBO) Limited, a major shareholder of Ellah Lakes Plc, has decided to transfer a portion of its equity stake to its shareholders and creditors in a move that will further dilute the ownership structure of Ellah Lakes.

Ellah Lakes made this known in a statement signed by its head of Administration, Modupe Ejikeme. The chief executive officer, Ellah Lakes, Mr. Chuka Mordi said that CBO Capital Partners, a major shareholder of Ellah Lakes, is transferring a portion of its’ Ellah Lakes shares to its’ shareholders and creditors in a cross deal.

He stated that this trade move is aimed at offsetting CBO’s outstanding obligations to CBO Shareholders, while simultaneously fulfilling Nigerian Exchange Limited’s (NGX) requirements on the free floating of Ellah Lakes shares.

“By undertaking this strategic move, CBO is demonstrating its commitment to financial responsibility and compliance with regulatory standards set forth by the NGX.


“The decision to transfer a portion of Ellah Lakes shares to its’ creditors not only help CBO manage its’ obligations effectively, but also enhances the liquidity and free float of Ellah Lakes shares in the market,” he explained.

Mordi noted that this cross deal signifies a proactive approach by CBO to strengthen its’ financial position and support the stability and growth of Ellah Lakes Plc, saying that “we believe that this trade move will have a positive impact on all stakeholders involved and contribute to the overall success of Ellah Lakes Plc.”

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Ellah Lakes had signed many agreements in recent period for major projects that are expected to form the backbone of the company’s business diversification drive.

It had reached an agreement to build a 600-tons sugar refinery in collaboration with Montserrado Investment Limited. The sugar processing facility is expected to run on 100 per cent renewable power.

Ellah Lakes had earlier reached agreement with Ondo State on the development of a palm oil and cassava farm, covering about 5,000 hectares. Both partners would jointly develop and manage the farm for the cultivation of oil palm and cassava in Ondo state.


Ellah Lakes had in August 2020 entered into exclusive discussions to acquire the entire issued capital of an oil palm processing company with substantial assets in Delta State.

Ellah Lakes was incorporated on July 2, 1980 and was listed on the Nigerian Exchange (NGX) on January 14, 1993. Originally a fish-farming company, Ellah Lakes had recently embarked on a comprehensive restructuring and diversification of its businesses. In 2019, it acquired Telluria in order to diversify its product offerings in the agribusiness sector

Streetinvestor2:
Looking at dangota sugar results I noticed about 90% of the forex loss which contributed heavily on the cost in business/profit as unrealized not like International breweries which larger portion is already realised.And I believe this unrealized forex loss could be obligation to dollar payments in future. If that is the case , i believe it may not materiize in full as this payments may be spread within a financial year or beyond. That said ,if the effect of supply from his refinery strengths the naira to any level.It means the forex loss could be written back to positive gain in the supposed bad results. Then it means thr is still hope for sugar results to come out much better by end of financial yr
Pls make your view if I am getting it wrong

thebargainhunte:
From next year, all his policies will start generating positive results. The Dangote Refinery and others will stabilise our economy very soon. The man is not shaking, he knows what he is doing. Kayri will leave NNPC next year cos he is due for retirement by then and the game of 2027 will start. He will not take a battered economy to contest in the year 2027 except he wants to fail woefully. Buy stocks you want to buy this year cos next year is the year of recovery.

Streetinvestor2:
No spoil my market oh na my 1k stock. The 14 was last Yr final dividend. The #8 is interim for this yr unless you feel they will still pay another #14 final for this yr

Mankind2024:
I acquired additional MTNN yesterday, with a long-term perspective of securing funds for my children's educational expenses. So investors bias 2, 3, 6 is applicable to me.

sophy17:
You can just download Stock average calculator from play store. It's easy to use to determine needed quantity and price to average down