₦airaland Forum

SonofElElyonRet:
Last result was bad but this honestly sounds good. Noticed alsò that price went up last trading day...

emmaodet:
Hello bro, please how do I correctly calculate the EBIT in this example below?

Air Macklon at $45 per share, has a market cap of $13.5 billion and a price-to-earnings (P/E) ratio of 10.
But its balance sheet was burdened with nearly $30 billion in net debt.
So Macklon's EV was $43.5 billion, or nearly 13 times its $3.4 billion in EBIT.

How did they get $3.4b as EBIT?
From my calculation, my EBIT is $1.35b which represents 10% of the market cap since that is 10% of EPS

Objectivist04:
Good day everyone, pls l repoted an issue l am having with Meristern with regards to my Fbnh shares about a couple of weeks ago, advice was given and followed but unfortunately they have not credited my shares fully to my account, infact whenever I call the receptionist will tell me that registrars are busy that l should call later. The guy that attends to me with the name Femi no longer please picks my calls and neither do they respond to my mails.

For those who don't know the crust of the matter.
I bought 10k units of Fbnh during their IPO in 2007 and handed the certificate including that of my first bonus (200k) units to my stockbroker ( Transglobe investment) I did not care to follow up because I am not a trader and neither do I knew much about the stock market, just following the rave of the moment.
Years later when I wanted to sell the shares l was told that Transglobe has gone underground and that l have to open account with another stockbroker so I can move my shares of which l did with Morgan capital.

After applying for share transfer, Morgan informed me that my share were not registered with CSCS and that l have to apply for dematerialization which I did.
Two weeks ago, l received a call from a staff o Morgan capital informing me that my shares has been successfully credited to my CSCS account but I was shocked when he told me that I have 3905 units instead of 18045.
When I reached out to Meristern to complain they told me that it is what they have with them, I tried to let them know that I have been receiving dividends based on 18045 I even mailed to them the screenshot of a mail they sent to me two years ago after an enquiry, informing me that I have 18045 units but still they could not do anything.

I started calling them frequently and they told me they are looking into it, it has been 2 weeks now and there is no feedback from them . Even if they have given me the number of my initial investment it would have been more understandable but 3905 units ? I just can wrap my head on how they came about that figure.
.I have even copied CSCS and NSE while mailing them but still they did not respond.

ositadima1:
With ETI trading at 25.5, representing a 16% gain from the price of 22 at my call, and Guinness trading at 46, a 7% increase from 43, the short-term target of just 3 days has yielded target returns. It's not bad performance. I could easily close the trade now, having reached the 11% target (with equal weighting), though I believe they could potentially perform even better.

Locotrader:
Keep on doing arguement with Loco.
You better join loco to make money and exit at your own set price.

Stop blaming liquidity. You are too old in this business to always become a learner.

emmanuelewumi:
How?


How many businesses are quoted on NGX.


Do you have the historical data of the relationship between the Nigerian stock market capitalization and our GDP.

Because 80% is undervalued in the US stock market compared to their GDP, does not mean 50% is not overvalued in the Nigerian stock market compared to our GDP.


Maybe you wanted to say businesses in the Nigerian economy needed to be quoted on NGX

vacanci:
the problem is one can get trapped.

Imagine those investors in Multiverse who have been trying to come out for the past one month. total traded value yesterday from 6 deals only was N21k. You spot opportunity elsewhere and want to sell multiverse to key into such opportunities just like when MTN got to N180. Multiverse trapped you inside.
Yesterday also, Champion breweries, only 3 deals with total value of around N5k.

Look at McNichols, after the price went up many days and hit the top, coming out was a problem until it went back to where it started from before we started seeing bids.
Mecure has trapped investors wanting out as we speak. remember how it was flying high and jumping 10% daily for weeks. Yesterday's total traded volume was just 21k

so many stocks like that will do people shege.

Climbing up is not the problem but when you want to come out, it's a big problem especially when you are invested with huge fund.

my advice to penny stock wannabe investors is to use penny amounts to buy penny stocks. Imagine someone queuing up very early trying to sell about 1M units of Mecure or Multiverse. it would take more than 2 weeks of others waiting if the 1M guy gets in front everyday.

I learnt my lesson when i tried to jump out of one penny stock with N800K value to invest in an opportunity elsewhere. i remained trapped while the other stock which was a highly liquid one made 30%. As i speak, i am still trapped but the paper value has gone down drastically by about 50%.

As for me, i learn't my lessons

emmaodet:
Please house, can the gurus explain with a calculation how i can go about this?
Read it on @the intelligent investor@ and just want more light on it.

1. Earnings growth - A minimum increase of at least one-third in per-share earnings in the past ten years using three-year
averages at the beginning and end

2. Moderate price to earnings ratio - No more than 15 times average earnings of the past 3 years

Itsrm:
The last one year is an anomally. Anyone can make money in a bull market.

Will like to see the same skills when the bear returns.

Ades1:
Oh I am here to make money for sure, it is always about the risk/reward for me. And I find it misleading when people talk about their success and not their failures. If a trader has been making N200k daily consistently for the past 5 years, how much will they be sitting on today? Will that trader still be going through all that stress on top of N200k? I will even call name, if Osita has been a successful trader for the past 5 years, making N200k daily, do you think he will still be chasing 200k?

Like I said, if your success rate is 90%, matter of fact even 70%, keep at it.

Ades1:
One thing I have realized is that traders only show their wins, they never show their devastating losses. The risk/reward of N4.5M on a N50M investment is a joke imo. When you can use that 50m to collect around 3M in your savings completely risk free.

We've seen traders here change their minds depending on what the market does for the day. Today it is bull because markets are green, tomorrow it is bear because of 3% down, do you not think they are equally trading based on these sentiments.

My NGX portfolio is up around 200% and growing because I have held through thick and thin. I have also invested most of the dividend payments. This is why 170k is small in my eyes today, I probably had different views of that same amount 3-4 years ago

Ades1:
When I see all the stress people here do for small figures like 170k, 200k, 300k, I laugh hahahahaha..... Do you know how much blood pressure one would have to undergo for these small small profits?? This is why I outlined all methods and decided dividends was my best route for peace of mind. I am glad I did, I would be mad if I were sharing my profits with brokers

Streetinvestor2:
Nice call.Then I am wondering what will be you profit if you remove the buy and sell % on your total investment. Can you do the maths for us for someone with little cash

ositadima1:
If you can acquire Guinness stock at #43 or lower, there is a high probability that it will provide returns of at least 10%, and potentially more. However, if the stock price falls below #41, then know that this assessment is incorrect.

Similarly, for the stock Eti, if you can purchase it at #22 or below, a minimum rise of 10% can be expected with high probability. Again, if Eti's stock price decreases below #20, then this prediction is wrong and a stop-loss should be triggered.

Regarding the ARIMA model's analysis, there was no significant signal generated last week.

Mankind2024:
The Breweries present a falling knife phenomenon.

ogawisdom:
Someone help out with this please

If I put 10m in TB @ 22% for 364days

And I compound ie didn't ask for up front payment of ROI, how much will I get at the end of the tenure.

Agbalowomeri:
Na North American people

yMcy56:
OK.
Better to dey watch for bargain entry there....
Accumulations has been ongoing in JAPAUL for quite sometimes now @ circa 1.96

Btw, where are the NSEMPA MTNN analyst oo
It's currently on bid @210.30 with zero offer...
Someone even said na 99naira junction he dey wait for am....

TRANSCORP PLC: 298M units in transactions so far.....with over 5B staked in it....

Mankind2024:
Nothing is good about MTNN.
They contributed to the sinking Nigeria Micro-economy.
Nigeria is just a nation where there is no NATIONALIST.
We forget things easily.
It was this same MTNN that illegally repatriated cash of billion dollars from Nigeria economy.


https://www.premiumtimesng.com/news/headlines/300849-untold-story-of-mtn-illicit-repatriation-of-billions-of-dollars-from-nigeria.html?tztc=1


https://www.google.com/amp/s/phys.org/news/2018-08-nigeria-safrica-mtn-refund-bln.amp

chillykelly86:
I picked an info that their tower contract is priced in dollars as a reference and that's responsible for part of the profit erosion. Unfortunately, I can't pinpoint the source and veracity of that information now. Does anyone have reliable info on this? Because if that's true, then that part of it is not one-off and will even grow.

Though I expect a turnaround as I expect the Telcos will meet with NCC and raise tarrifs to pass the costs down to the end-users eventually.

Mankind2024:
The truth of the matter, no government or tax authority can force an individual nor a quoted company to declare profit or pay a direct taxes on earnings.
The decision is yours, all they need from you is a financial statements.
The Auditor/s usually request for receipt of expenditures , contract, loans and overdraft advances.
As a sole proprietor, I ensure all my on and off business expenditures are directly and indirectly transferred to my Entrrprise. The implication of this is that the government cannot and would never get a direct income tax from me, coz I I was not employed by them nor listed on their payroll.
MTNN just decided to show Nigeria government and shareholders a maximum shege BARAWO BANZA.
You will need a all the forensic auditors in Africa to investigate MTNN.
We are just @ ther mercy

owolabi5:
MTN is Highly Geared. Their operations are mostly funded by loans especially foreign currency denominated ones.

Almost all the equipments they use are imported from the likes of Ericsson, Siemens, etc; hence they pay the companies in dollars. Even licence fees are in dollars. Most of these telcos usually raise this huge funds in dollars from banks.

WantsandMore:
have some humanity.

WantsandMore:
Bro you're just analyzing this without any feeling of how much poorer people will become if it goes below ipo price?

2zona:
So why is Nascon result immune to effects of forex loss and naira devaluation. Abi they were selling their products in dollars