₦airaland Forum

Agbalowomeri:
Put your wager joor

GTCO don help my ministry already, nah UCAP I dey monitor now.

Agbalowomeri:
I am placing a wager for both ZENITH & GTCo to move above 30 by July. Anyone?

You were pessimistic when GTCO was selling at a discount last year. At that time, you predicted that the stock would decrease even further. However, now that it has made recovery, you are expressing confidence that it will continue to rise. It seems that you have a trader's mentality rather than that of a value investor.

Willie2015:
I dont agree...

May I ask, what specifically do you disagree with? Is it that a legal case was filed by the other contestants, or that the court will sit?

samfrancis1:
what’s cursera

My friend, find it on play store. It is an app.

.

Agbalowomeri:
You don dey find trouble again
Whether konji don dey hol you again

He follow pain you?

In another news, some people are busy lamenting over banks in far-away America borrowing billions. Na your billions?

Agbalowomeri:
Elections have been successfully held and winners declared. Why should anyone think May 29 has uncertainties?

I must respectfully disagree, as the fact that the presidential election is being contested on two fronts indicates that the situation is not yet stable.

Even after the handover, I anticipate that Mr. Tinubu administration will not be able to operate at full capacity until the lawsuits have been resolved.

While INEC has declared him the winner, the upcoming court proceedings will determine whether he was truly elected by the electorate. As such, the foundation is still unstable, and we will have to wait and see what the court proceedings reveal in the coming weeks and months.

vacanci:
Are you into porn?

Let me share a brief story with you. Back in 1997, when I was in sss1, I began to explore indicency. At the time, I was responsible for purchasing our Sunday newspaper, the Vanguard, and at the newspaper stand I would often hide away in a corner to peruse adult magazines. By the time I reached university, I had likely gone through hundreds of these publications.

During my third year of studies, in 2003, I completed an industrial attachment with a radio station. I recall spending countless hours in cyber cafes watching various types of porn, from Latinas to ebony to milfs to squirt to granny and more. It was through this process that I even learned how to use computers; I never received formal training, but learned by doing.

When I embarked on my service year, I obtained my first mobile phone and with it, unlimited access to porn, shege banza, heyhey!

To cut the story short, I have seen enough female body parts to last me a lifetime and even experimented with a few myself.

Did I answer your question.

Baddestguyp:
Been seeing some misconceptions I should clear up about S4E21 of AOT

Eren did not free Ymir Fritz
He simply convinced her to make a choice, to choose for herself not to be controlled by the Royal Family...

If he freed her, she won't be making more Titans, she won't remain in the paths that she has been trapped in for 2000 years

"According to ScreenRant, because the Paths exist separately from time, Ymir can spend years making a Titan, but the transformation will appear instantaneous to those in the real world."

"Ymir is dead with respect to real life and her soul remained trapped in the Paths dimension and continued to serve her descendants by building Titans whenever they invoked the Power of the Titans."

Yes, Eren freed Ymir. In the Attack on Titan manga's final chapter, Eren reveals to Armin that Mikasa was the one who set Ymir free. According to Eren, Ymir had been waiting for someone to "release her from the agony of love". Mikasa's choice to kill Eren somehow liberated Ymir, although only Ymir knows why.

In an earlier chapter, Eren offered to break Ymir's restraints and give her free will. She chose to cooperate with him and gave him her power to use as he saw fit.

This cooperation was defined by free will - Eren didn't order Ymir around. Later, when Eren gave other Titans a choice to fight him and didn't take away their abilities, he effectively gave them free will until his death.

The details of how exactly Eren ended the curse of Ymir are still unclear. However, in the extra pages of the manga's final volume, it is revealed that another boy came into contact with the origin of life after Eren died. Prior to this event, if a Titan wielder died without passing on their power, a random Eldian child would have been born with it. But somehow, Eren effectively ended this cycle.

The role that Mikasa played in all of this is related to helping Ymir let go so that she could finally move on and die - as she dies, Titanhood is reversed and the Paths no longer function.

Stan2330:
Pls did u take into account changes in shares outstanding to estimate EPS growth rate? Or is there no need for that?

I referenced @emmanuewumi for the earnings CAGRs, which was derived from his post. I believe PAT(earnings) and EPS are lifted from the financial statements.

While adjusted prices are more accurate as they account for splits and dividends, this approach requires data that is not readily available. So, I use close prices in my calculations.

Agbalowomeri:
The matter carry python for head Lol

I have a passion for python, finance and sex. Na so we see am.

emmanuelewumi:
What was the stock price of Lafarge 3 years ago, I don't have the figures.

About 40 naira on 1/23/2017

emmanuelewumi:
Earning Growth analysis of some of the businesses that recently released their 2022 results.


One of the way to grow wealth through the stock market is to invest in businesses that are consistently growing their earnings and the return on invested capital is higher than their Weighed Average Cost of Capital.


In my analysis I looked at the 5 years compounded annual earning growth rate, 3 years compounded annual growth rate, year on Year growth, average 5 years EPS and the percentage difference between the average 5year EPS and the current EPS.


Dangote Sugar
5yr CAGR 24.9%

Dangote cement
5yr CAGR 11.5%

BUA
5yr CAGR 12.1%

Lafarge Africa
3 years CAGR 30%

Vitafoam
5 years CAGR 49.5%

MTN
5yr CAGR 25.5%

Nigeria Brewery
5yr CAGR (8%)

United Capital
5yr CAGR 30%

Nestle
5yr CAGR 5%

NASCON
5yr CAGR 6%

This is just an earning growth analysis, you need to carry out your financial health/earning quality analysis, value creation analysis of the businessess before making a decision

I drew an intriguing comparison between the 5 year earning growth and the stock growth expressed in the form of price appreciation. It was interesting to note that some stocks demonstrated similar growth rates in both areas.

However, if earning growth impacts investors' perception of a stock's attractiveness, why do some stocks perform differently? For example, consider the case of Wapco, which has seen a negative growth rate of -7 in contrast to a positive growth rate of 30 in earning growth.

One possible explanation could be that the market had overvalued it in the past and has now corrected its price accordingly. Alternatively, there may be untapped value in the company that has yet to be fully realized.

Note that SCAGR refers to the price growth rate over five years, while ECAGR represents the earning growth rate over the same period.

emmanuelewumi:
Earning Growth analysis of some of the businesses that recently released their 2022 results.


One of the way to grow wealth through the stock market is to invest in businesses that are consistently growing their earnings and the return on invested capital is higher than their Weighed Average Cost of Capital.


In my analysis I looked at the 5 years compounded annual earning growth rate, 3 years compounded annual growth rate, year on Year growth, average 5 years EPS and the percentage difference between the average 5year EPS and the current EPS.


This is just an earning growth analysis, you need to carry out your financial health/earning quality analysis, value creation analysis of the businessess before making a decision

This concept is fundamental because if you take out a loan to invest, your investment should generate enough returns to cover the interest payments and yield additional profits, which is the idea behind opportunity cost. It would be nice if we can see the weighted average cost of capital for each return side by side.

yMcy56:
Nice one.

Can you break down the B part with some Arithmetic examples.

In 2020, I purchased UCAP at 2.62 Naira per share, although some individuals may have acquired it at a lower price. UCAP provided a dividend payment of 1.5 Naira per share last year. Thus, a 15 million Naira investment would result in a 8.5 million Naira return, which translates to approximately 715,000 Naira per month over 12 months. Better than working a 9 to 5 in a lot of jobs.

While browsing, I stumbled upon "The Ponzi Factor," a book whose author argues that, apart from dividend-paying stocks, the stock market operates like a Ponzi scheme. According to the author, when it comes to stocks that don't pay dividends, investors purchase them with the hope of selling them at a higher price to someone else, and the market requires a steady stream of new investors to sustain profits for existing investors. The book made some compelling points, and I recommend giving it a read as it's a concise read.

It sparked a different thought in me: If I had invested 15 million in UCAP in 2020, I would be receiving nearly 700k+ per month in dividends, which is similar to what Shell SPDC contract office workers in Port Harcourt earn each month. This translates to a passive 57% return on initial investment.

johnstar:
please where can i learn programming in idimu lagos from the scratch.. can anyone teach me and guild me on how to start

Download cursera on your phone and start learning, no time.

Agbalowomeri:
Me na WhatsApp dating group I wan open
Bring one babe collect two

Collect oo, she dey there.

GANDALF1:
All these hidden stones you guys are throwing around like cowards without calling names, always remember that you are not the smartest person in the market and that the market will eventually do its thing.

Trying to prove correctness on this exchange will only ensure you go broke in the long term.

In the movie Lord Of the Rings, Gandalf the gray would never talk like this, sounds like something Saruman the white would say.

So, he should call names to start an e-fight eh? It's like you want to join the "I don't want peace, I want problems, always" gang.

As I see it, there seems to be no explanation for UCAP's sudden 24% drop within a single month, especially since the month is not even over yet. While reviewing its audited results for 2022, I noticed that its earnings before tax had increased, followed by a significant tax expense of 3.5 billion, which I assume to be a one-time occurrence. Based on my simplistic valuation, I estimate its fair value to be approximately 16 naira.

BullBearMkt:
...you're quite right about March not being favourable to the banking industry. However, looking at the Zenith bank price structure, the stock price recently touched the upper part of the bullish wedge and now price seems to be rejected. IF March outlook remains the same, technically, price is expected to decline more to at least, 20 - 22. Price touching lower part of the bullish wedge (18) is a possibility.

Overall structure is bullish on the monthly, but some dips is expected.

Indeed, the trend lines generated by my program indicate that there is support around 22 and resistance at 26.8. If the support level at 22 is breached, we may witness a decline to 20 or even lower.

Ucap appears to be a favorable purchase option as its 20-day Relative Strength Index (RSI) has fallen below 30, and the On Balance Volume (OBV) indicator does not provide significant support for its 24% decline. However, I will continue to monitor the situation closely.

I have come across several posts lamenting about the imminent collapse of the market, particularly the banking sector, due to the ongoing Ghana bond crisis. It's been baffling to see this sudden concern, given that the issue has persisted for several months.

It appears that the market is currently at a standstill due to the multitude of uncertainties, including perceived political instability and failed monetary policies.

Analyzing the past few years, it's evident that March has consistently ended on a negative note for Zenith and other banks, as shown in the attached chart. Notably, Zenith's closing figures for the past two years has been around 22.4.

Note that the numbers on top the bars signifies the month closing price.

Heishere:
Basically, it can be inferred from your post that the root cause is the rate hikes by the FED. Oracle predicted this could happen as a result of the hikes so he is correct. If the bank had a good risk management control, they would have implemented controls before now to minimize the impact. I learnt they didn't have a CRO for months.

Did you not read where he repetedly claimed that the USA economy (and the developed) is collapsing because it was printing lots of money?

In 2008, there were up to 25 USA banks that failed for similar reasons, Washington Mutual Bank was the largest. USA economy is still here, still number one. The banks failed to deversify their investments.

Nothing new:

1. Feds started pumping money in response to COVID-19 crisis to help jump start the economy.

2. This caused increase in inflation. (Not even close to what we are experiencing in Nigeria)

3. To reduce inflation and mop up excess liquidity they increase interest rates.

All these are necessary monetary policies.

Dum20:
You want insult everyone abi?

You are actually the one that want to be spoonfed with unsubstianted beliefs when you use New York Times as guide for making financial decisions.

Over a year ago, Oracle said something like this is about to happen with the tools he had. He shared the information here so that other TA and FA guys can chip, so that everyone here can rub minds together.

And it is New York Times and Chatgp you are using.

This forum is a place for knowledge sharing. Bring your own, let others bring their own. Not be insulting people.

It is clear you are a novice, it is either you learn from the elders or continue to wallow in ignorance.

We are all free to make our decisions.

I agree with that, also, I have every right to lay down a counter argument if I feel information being posted is not correct.

Sorry for the parts you feel are insulting.

[

BullBearMkt:
Good morning guys. I hope you all had a wonderful weekend.

Please, could someone kindly give me the links to check the number of shares one has with a company listed on Nigeria Stock Exchange.

I just came across my late mum's old UBA share bonus cert. Never knew she sabi anything called shares self

I don't think you can with a website. But if you want to know if she had other stocks. This works if she was not registered for e-dividend:

http://sec.gov.ng/non-mandated/

Or if you have her details you can register as her at cscs

mendes911:
Coming from someone that has been quoting CHATGPT up and down.

Well Done Sir.

Are you pained? Why?

Streetinvestor2:
why quote him when he didn't quote you when he made his post.Why do you feel his post was targeted at you. You should have waited when he attacks you directly then you have every reason to bust his head that is how I reason issues. Anybody has right to make his/her post but when you quote a person then it becomes personal. To me now na you dey find trouble, lol

No vex sha.who even made me judge in this matter

I don't want peace, I want problems always. Lol, na joke o.

RabbiDoracle:
"Some people don't like you just because your strength reminds them of their weakness. Don't let the hate slow you down."

Or maybe you think too highly of yourself.

Dum20:
**

I shared the article because I believe in people doing their thinking for themselves. I guess you prefer to be spoonfed with unsubstantiated beliefs.

If you read the article you would have understood why the bank collapsed and not because the western world is imploding, but then you find conspiracy theories more appealing, ok.

Here again some recap in my own words:

1. Bank was over-exposed on cheap bonds when they should have been more deversified.

2. Because of d post COVID wahala USA increased interest rates to stabilize their economy.

3. Suddenly the bank's investments became less valuable or bad because newer bonds offer better yields.

4. The client and investors got to know about it and started withdrawing en mass.

5. Bank can't cope with multiple withdrawal and had to sell their now bad investments that resulted into big losses.