₦airaland Forum

RabbiDoracle:
At a point, media showed footages from video games and merged them with old video clips of bombings in other places years back.

Meanwhile, global commodity prices are going haywire to the point there there is regulatory closures on trading commodities.

On Monday, trading on Wheat futures were cancelled. Yesterday trading on Nickel futures were cancelled after Nickel gained 170% in 2 days.

Emerging markets will fly like never before.

Very logical.
I want to also add the many sanctions that the "West" is imposing on Russia will affect all parties involved (infact everyone).

It is not like the "West" was gifting Russia their monies, it was a fùcking exchange of needed resources by both parties.

Dividend released so far:
*Yield as dividend over last closing price

*Growth computed from March, 2020 (as far as my data goes)

*Regarding Seplat, used $1 to #420


***updates as I acquire more data***

RabbiDoracle:
At the onset of Covid pandemic, people were cheering health workers as the hero and clapping at balconies every night.

At the end of the event, the health workers were being blamed for everything.

At the onset of Russia - Ukraine war, people are cheering one side and demonising the other side.

Let's wait for the end of this event.

It is not just that, reports from media outlets (totally dominated by d west) are so biased in favour of Ukraine. It is a one sided story.

I have been looking for non-west-controlled sources to no avail. So much info filtering, it is a shame.

Nigerialabalaba:
Cc Mynd44 Seun Lalasticlala Dominique Mukina2

"... tell me why them they use panadol for our headache o... , they want to spoil our market o"

"... I don't want to be a player no more... , cos my guys call me Christiano, Mr Ronaldo, omo Nintendo o... " - Davido's Fall

On a serious note, do GSK and Caverton hold great upside potentials long term at their respective prices?

libartay:
If you're not an attention seeking dolt, take this off here and mention me on a dead thread. Donk.ey

"Are you done talking, tell me baby, are you done talking eh... "

Slimdove:
This is Monday Morning.New week,Fresh Page abeg make una take am easy oh.���

"Money follow you, Banana follow you, Paparazzi follow... , if I offend you... , bico sorry oh baby take heart o... "

libartay:
You're Gandalf? His shoe shiner?
Buzz off

"Shuku shaker... , I am not here to cause wahala, hello diva... , you don't need me in your soap opera."

I was just singing this awesome song by Davido called FIA.

samguru:
Crude oil at $129.94

Nigeria is in big trouble

Why? I thought Nigeria exports more crude than it buys back as refined.

If we had refineries up and running, this period would have been a great time to offset our debts.

libartay:
Bia nwoke m, what's the deal naa?

You go begin ghost the forum cos of a tease by a woman? Yes, Gandalf na woman!
Akpunwa like you, abeg behave mature, no fall our hand.

Caroline save your drama, we don't need your soap opera.

Domestic debts are not much of a problem because ...

1. Nigerias revenue is mostly in $$$ from sale of natura resources.

2. D last devaluation eroded the value of every single Naira (both the Naira currently owed as well as future debts) effectively reducing both principal and interests by more than 30%.

3. In fact every time Naira devalues Nigeria becomes less indebted to its domestic lenders.

4. So, d 13% yield on d bonds are not really that much, and it is about equivalent to 9% yield before the last devaluation.

otokx:
The market today was some how.

NB has maintained higher than usual trading volumes over d last few weeks while price remained in a very narrow range, slightly downwards. It looks like low key accumulation. Are we going to see a 20% up-tick once they are done and d stuck dries up?

Caverton’s Chief Executive Officer, Mr. Bode Makanjuola blaming COVID19, low oil production and exchange rate for their 5.9 Billion loss.

Also a claim that a large bulk of it's loss is a one off expense: repairs, facility overhaul and start-up costs for the elicopter contract with Cheveron. Here I get confused, can an investment be reported as a loss?

Since it claims to have large "enough" reserves to absorb the loss, are investors likely to receive dividends from past retained earnings?


English is not my strongest suit.

FEGEITOK:
FYI

Good development. We need more taxes, why?

A lot of Nigerians care less about the selection and running of the government. With the increasing taxation and hardship hopefully Nigerians will become more involved.

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Was wondering about d safety of my investments. Are treasury bill, bonds, stock, bank accounts etc really safe?

Given that the information tying me to my investments are now warehoused electronically, at least most of them. What happens if their is a system wide failure? Becoming wretched over night, lol.

For example, a very large electromagnetic pulse can wipe electronic data on a massive scale. Events like nuclear war (USA vs Russia unrests or even North Korea vs World), solar flare from outer space...

Really scary stuff.

johnok:
Can you please show us the site where we can get fair value like this sir

Simply Wall St

DrAwo:
Book value is equity over total outstanding shares...
It is a good (but not perfect) measure of the value of most companies irrespective of number of shares outstanding

Lol, I feel stupid, capitalization over outstanding shares is just the share value.

U right, assets minus liabilities by outstanding shares.

I hope d site considered that before arriving at there final values considering how basic book value is.

emmanuelewumi:
Guinness is cheaper. Currently has a book value of N105

Book value means Capitalization over Total share, right?

Can we realy determine d cheaper stock this way? They don't even have same number of shares.

yMcy56:
My bros, don't mind me oooo, I know sabi book and I'm in no way near any expert in this field.

In the case of UCAP and GTCo, I think you should leave your UCAP especially since you entered at very good junction.
You may liquidate another stock to enter GTCO.......but not UCAP.

Pls note that this is purely my opinion.

I see... thanks

ucvin:
Is NB a good deal at current price 48.60 vs. Guiness 50.20? Which is better? Should i biy NB or Guiness at current price? Thanks.

NB is better than Guiness based on a stock valuation site I follow.

According to the site NB is currently at 27% below fair value and earnings are estimated to grow by 34%, while Guiness trades 10.8% below and future earnings growth estimate of 15%.

Now, this doesn't take into account d current results being released o.

yMcy56:
This Vitafoam, can remember telling one Oga not too long ago when the share price got to N12 or 15 (can't remember now) .......that it's a N25 stock.........
The usual book questioning followed.... .......me I know say I no sabi book, just told the Oga to mark it..........

Na Peterichy I just dey think how he go feel now.......
I know Peter is smarter anyway.

Na him be say what ever comes out ur fine mouth I go follow oo.

I am planning on liquidating UCAP to enter GTCO. Note that this portion of my portfolio is for dividend stocks. I bought UCAP when it was #2.5, from my calculations if UCAP doesn't increase dividends it will pay more to hold GTCO as it is undervalued and reasonable dividend payer.

Thanks.

safepaulooo:
When I see current prices of FBNH, ETI and UCAP, ACCESS and UBA are a complete Joke. They have no business at current price levels. Something really fishy....

I hope UCAP doubles its dividend this year.

ukay2:
Our own inflation is already at 15.6%

Yes nah, but once d USA ups it's interests rates Nigeria will be forced to react, most likely by increasing theirs above the current inflation rates or suffer massive outflows of funds (Dollars, Pounds, Euros etc).

People like me, "the locals",will happily liquidate many stock positions for 16 to 18% returns that bonds and treasury bills will offer. Why not, I am already sitting on profits.

Next thing you will hear is that Zenith fell bellow 20 Naira, etc.

ukay2:
Our own inflation is already at 15.6%

U dey laugh us abi? As u be diasporan...

Mpeace:
Hmmm. But the foreign investors have left naija naaa. Y should we worry too much?

Not all of them.

USA is planning on increasing interest rates in order to fight inflation which is currently around 6%.

Then, Nigeria is most likely to also increase in response. Money will likely flow from the Capital Market to Government Bonds and Treasury Bills.

https://www.vanguardngr.com/2022/01/nigeria-others-face-tighter-financing-as-us-hikes-rate/amp/

GSK will make me rich like Mike.

Slimdove:
Yes nah,they have not done the last phase plus expected #16 dividends or more as predicted by expert.

I am feeling the price will be trading around #350- 400 soon in keeping with the management objective before embarking on share buy back.��

Please it is not a buy recommendation DDD apply.

DANGCEM fare value is around 278

Biafran4life:
Pls someone should explain to me what happened though it was good for me.I decided to sell half of my Dan cement so I could buy total because the news in the oil market etc. Now I placed two sell mandate via online . The first was with #280 and second #290 just few hours to close of business. Then I got an xalert of #284.90.What I don't understand is that the buy decided to buy above my first #280 order by paying 284.90

I also think selling now is reasonable except if it is still going up. From dividend point of view. I bought at 116. Dividend yield at current is 16/284= 5% something, while dividend yield from zenith is still over 11% something. Selling and investing it in Zenith or any higher dividend yielding stock is not a bad idea.

Question is does it still have 20% to 30% appreciation coming or are we experiencing peak?

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