Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:02am On Aug 30, 2023 |
AllBusiness: So how do i invest my N4m now? I only have stanbic IBTC money market fund ositadima1: Bro, you're late to the party! I recommend buying Dangsugar stock without hesitation if you can get it at todays close or lower as it still pack value.
I bought more of it this morning when it was selling below yesterday's close. Some people were even lining up to buy it at a lower price, but I didn't waste any time and bought it at 22.85. By the afternoon, it was in full bid. Even if the market is red tomorrow, you can still keep the stock and collect the dividend.
The dividend payout was just 33%, meaning that they only paid out 33% of their earnings. Dangcem pays out more than 80% of its earnings, so it's likely that if Dangsugar's earnings continue to grow, the dividend will double or more. Of course, you should still do your own due diligence. At AllBusiness, if you heeded my advice, your 4 million would be 10 million by now and counting. I hope you are doing well. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:48am On Aug 30, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:50pm On Jul 14, 2023 |
I am retiring this moniker. Goodbye for now, and wish you all success in your pursuits.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:34pm On Jul 14, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:11am On Jul 14, 2023 |
NASCON on full bid, heading to 40?  It is just a question.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:58am On Jul 14, 2023*. Modified: 12:06pm On Jul 14, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:47am On Jul 14, 2023 |
SmartMoneyGuy: Is there a site that give you this information or you did the calculation yourself. I like key comparison. Thank you for this great job No site will do this for free. What you see requires some serious effort. It requires 5 to 10 years of financial statements, as well as the knowledge to extract the necessary data. This can be difficult, as each financial statement has its own heading for some lines, even for the same auditors. Next, you need to have the formulas that will convert the raw data into what you are seeing. Imagine doing this for every stock. It is almost like a full-time job. This is the same with what OGG does. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:56pm On Jul 13, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:45pm On Jul 13, 2023 |
megawealth01: I'm a proud ANAMBRA MAN CUTIX has its plant in Nnewi, I am from Oraifite.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:26pm On Jul 13, 2023 |
emmanuelewumi: N25, but has a very good earning growth potential if you compare the 4 years CAGR with the 3 year CAGR and the Year on Year earning growth. My calculation from the 2022 financials: N20.6 valuation, 37% ROE, 48% Div pay ratio, 11.24 PE, and 30.2% equity growth. It may move higher on sentiments sha. Thanks.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:18pm On Jul 13, 2023 |
emmanuelewumi: It does not work that way, the professional advisers will consider the fundamentals of both companies.
I foresee a share exchange ratio of 3 NASCON shares will be exchanged for 2 shares of Dangote Sugar You are right. Please, what is your fair value estimate for NASCON? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:56am On Jul 13, 2023 |
Frangel: Aaah. I for don hammer. I got more units last week at 2.60. Enjoyed the last bonus and dividend should be declared soon for year ended 31 April. Sorry about that. I was multitasking, with one eye on the market and the other on a project I'm working on. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:25am On Jul 13, 2023 |
Frangel: Did you mean to write N4.20 or N42.00? It's a small company with good products and some market niche. Seems well run too. 4.2  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:41am On Jul 13, 2023*. Modified: 11:25am On Jul 13, 2023 |
I have also been invested in CUTIX, the stock that Loco was badmouthing for his selfish interests. It has a ROE of 36%, equity growth of 25.5%, and my valuation is 4.2 naira. For now, it is impervious to bears. Do your own DD.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:34am On Jul 13, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:31am On Jul 13, 2023 |
AllBusiness: So how do i invest my N4m now? I only have stanbic IBTC money market fund ositadima1: Bro, you're late to the party! I recommend buying Dangsugar stock without hesitation if you can get it at todays close or lower as it still pack value.
I bought more of it this morning when it was selling below yesterday's close. Some people were even lining up to buy it at a lower price, but I didn't waste any time and bought it at 22.85. By the afternoon, it was in full bid. Even if the market is red tomorrow, you can still keep the stock and collect the dividend.
The dividend payout was just 33%, meaning that they only paid out 33% of their earnings. Dangcem pays out more than 80% of its earnings, so it's likely that if Dangsugar's earnings continue to grow, the dividend will double or more. Of course, you should still do your own due diligence.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:27am On Jul 13, 2023 |
sterlingD: But how about DANGSUGAR? Both are moving.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:26am On Jul 13, 2023 |
Streetinvestor2: Oga you for allow me buy my sugar in peace,lol.You see watin you dey cause me now Oga, the price is still not bad. I might sell something and buy more, source for money, or even take out loans. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:24am On Jul 13, 2023 |
Heishere: So How do we make money from all this? Buy NASCON as its price pursues DANGSUGAR's. It is expected to reach 40 or more. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:41pm On Jul 12, 2023 |
This is the JAPAULGOLD chart. In January 2021, it started an upward move from below 0.3 to above 1.4. Then, did you see how it fell like a sack of potatoes?  That is an example of a parabolic move. The same pattern is repeating again. I hope it ends differently this time around. I can only buy that stock at below 0.3, just like Loco did before he started pushing it.
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:26pm On Jul 12, 2023 |
ositadima1: The euphoria of the new regime is helping the market right now. But, once the dust settles and investors realize that a lot of what is happening is superficial and the underlying problems remain, the market will react accordingly.
If we agree that bulls and bears are part of the market, then it is certain that bears will come.
The problem is that some stocks have risen almost parabolically, and that is the same way the bears will come. All these stocks that are making 300%, 200%, and 100% in just a few weeks – I hope people are booking profits, because when the bears come, it will be bloody. It may not allow those caught in it to pull out their funds without serious drawdowns.
Let me go back to my beer drinking. 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.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:12am On Jul 12, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:59am On Jul 12, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:55am On Jul 12, 2023 |
kalkah: Oga BullBear and Ositadima1, what is the chart saying on Nemeith and NAHCO? is it Sell or Hold?
Do they still have oxygen to rise more?
Thanks for your kind support For NEIMETH charts, I don't see much opposition to its upward movement. As long as the bull market continues, it is likely to continue moving towards a new high above 2.9, giving another 20% in addition to the over 88% it has already achieved from this year's low. Beyond that, we will have to see. However, I see a minor support level at 2.2 in case it starts correcting. I am not sure about NAHCO, as it has already done 189% from its year's low and has passed my estimated fair value.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:19am On Jul 12, 2023 |
ogwuche4u: Please where can I see technical charts for NSX? Do you mean Nigerian ASI ? https: //www,investing,com/indices/nse-all-share  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:26am On Jul 11, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:06pm On Jul 10, 2023 |
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Politics › Re: Sit-at -home Enforcement In Imo: Gunmen Kill Commercial Tricyclist, Passerby by ositadima1(m): 3:00pm On Jul 10, 2023 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:30pm On Jul 10, 2023 |
essentialone: Please, when is FIDSON qualification date for dividend?
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:33pm On Jul 10, 2023 |
ositadima1: I don't know why people like to badmouth stocks they are not interested in. Not everyone is interested in Caverton or Intbrew.
I've attached a bar chart showing how much money Cutix and your Charms have done monthly since 2020. They look similar to me.
All this shouting about 300% gains for a stock that has done less than 56 million naira on a monthly basis since January is laughable.  I dey wait for your backlash o.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:19pm On Jul 10, 2023 |
locodemy: Wetin una see in this illiquid cutix. If you make 50% in cutix, you can't even exit because of low volume. Unless your holding is like 100k units which is no no for Loco. Compare cutix & caverton. Why comparing cutix & Dangote sugar. Dem be mate? Make Alhaji catch you.you go pee for cloth I don't know why people like to badmouth stocks they are not interested in. Not everyone is interested in Caverton or Intbrew. I've attached a bar chart showing how much money Cutix and your Charms have done monthly since 2020. They look similar to me. All this shouting about 300% gains for a stock that has done less than 56 million naira on a monthly basis since January is laughable. 
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:34am On Jul 10, 2023 |
Mankindman: Here is the letter I just sent to the Board Members of INTBREW today. international.breweries@ng.ab-inbev.com
The Chairman, HRM. Igwe Nnaemeka A. Achebe The Board Members Richard Rivett-Carnac Andrew Whiting Ms Abiye Tobin-West Mr Michael Ajukwu HRM. Igwe Peter Anugwu Mr Olugbenga Awomolo Mr Sunday Akintoye Omole Olutoyin Odulate Muyiwa Awojimi The Managing Director/s International Breweries plc Dear All,
Yours sincerely, Mankindman Good one! I would also like to read the reply, if possible. |