₦airaland Forum

verocharles:
What is happening with UBN. It has already lost 45k

UBN gained 20k and closed N5.45k except it's NAIROBI STOCK EXCHANGE that you are trading

Princkez:
I think Guinness performance is not that bad...have a look at this

"ENEKE the bird says that since men have learned to shoot without missing, he has learned to fly without perching."-Chinua Achebe,

Since June 2018 that this GOOD FOR NOTHING Buhari REGIME have learned to TAX the BREWERY SECTOR to DEATH via EXCISE DUTY,

GUINNESS management have learned to HIDE their PROFIT via IMPAIRMENTS.

BARGAIN HUNTERS TAKE NOTE!

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/31670_GUINNESS_NIG_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_.pdf

cc peter

And you claim not to see the N18.7Billion pile of cash they are currently sitting on compared to the N4.9B they had 3months ago

BARGAIN HUNTERS TAKE NOTE!

Danniee:
Mr Peter, what is your advice on Guinness now?
It is Skelewu dance dey fear me oooo.

The BREWERY SECTOR is in REPRICING mode.

NIGERIAN BREWERIES has DONE over 100% upside from their year low of N22 to N51.50k

Likewise INTERNATIONAL BREWERIES has DONE over 100% upside from their year low of N2.70 to N6.44k

In the same VEIN we expect GUINNESS to do their own over 100% from their year low of N13 to atleast N32 on or before 1st week of January 2021..

This will be PROPEL by the release of their Q1 2021 results which we SHOULD be in PUBLIC DOMAIN any moment from now.

So FASTENED your SEATBELTS and ENJOY the JOLLY RIDE to ELDORADO.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
Some folks have seen GUINNESS Q1 2021 result.

3.1m bids vs 200k.

For a company coming from a loss of N371m in their Q1 2020 results.

Their 70th AGM comes up next week Tuesday OCT 20th. So Let's hope for a BANGER!

BARGAIN HUNTERS TAKE NOTE!

https://www.youtube.com/watch?v=svtFmQ-JdBs

Join us live..............
GUINNESS 70th AGM will commence in the next 40mins.

BARGAIN HUNTERS TAKE NOTE

DexterousOne:
I loaded at N14
.

Meanwhile we got some batch @N13

aremso:
when I read comments like it still has room to go up further, I just laff in ikwere language. Let's wait and see

ZENITHBK will consolidate at N25 and stay at that point for a while.

NSE is in REPRICING mode all thanks to NAIRA DEVALUATION and ALL TIME LOW INTEREST RATE.

BARGAIN HUNTERS TAKE NOTE!

DexterousOne:
The investment mistake I made

Or will I say the investment opportunity I missed

Was to sit on the sidelines when the carnage of March /April was in full swing

Taking some reasonable positions in Nestle, (<N800)
Zenith (<N11) and even Wapco and a few others I had in my radar then would, by now have paid off big!

While I remained on the sidelines hesitant
The brave ones took their positions
And are reaping bountiful from it.

This is not to say that there were no gains
But indecisiveness made me lose out on a big opportunity
AGAIN!
The lessons learnt from this, is that

1)dont have the "end of the world mentality, it won't l. No matter the gloom or panic, it will pass over
Which leads to the second

2) A fundamental company shares will always survive the storm, regardless of what happens. As long as the company has not had structural blows to the chin, even if the share price is going down, if you are liquid, buy more, and more.


Looking back in hindsight
I'm glad I'm among the living who survived the pandemic

Not so happy about the lost opportunities

But the lessons learnt are tattooed to my heart.

That's about it...

OPPORTUNITY to buy GUINNESS @N17 is still there.

BARGAIN HUNTERS TAKE NOTE!

sincerelymine:
Good afternoon and gurus, 6 months short term stocks to key into?

GUINNESS.

Thank me later,

BARGAIN HUNTERS TAKE NOTE!

arduino:
Can it make it to kilometer N32 by December ending

All things being equal it will surpass N32 by first week of January 2021.


BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
GUINNESS financial year end is June 30th.

So July to September stands as their 1st first quarter...

BARGAIN HUNTERS TAKE NOTE!

GUNNIESS Cross deal of 5 4m units done at N16 per share so far.

BARGAIN HUNTERS WATCH THIS SPACE

ositadima1:
Lets look at a few correlations between FUGAZ. Note that correlation is pairwise therefor u can imply d pairs i didnt match.

Correlations (Over d 8 years period)
a) fbnh vs uba ==> 0.367 ==> weak
b) zenith vs access ==> 0.77 ==> strong(??)
c) gtb vs fbnh ==> 0.07 ==> no correlation
d) gtb vs uba ==> 0.88 ==> strong
e) zenith vs gtb ==> 0.87 ==> strong

Note: positive correlation is very high d closer u get to 1 and lower as u get near 0

Returns
If u bought in January 2012 and sold ur stock yesterday 13-10-2020 this would be ur returns. Note that dividends was not considered as I dont have d complete data.

uba ==> 134%
fbnh ==> -3.8%
access ==> -21.8
Zenith ==> 67%
GTB ==> 112%

And, then some graphs for visuals...

What is the return for someone that bought Nigerian Breweries & GUINESS in Jan 2012 and sold on 13th OCTOBER 2020. ?

naturalflow:
soro soke. q1 2021?but we are still in 2020 na

GUINNESS financial year end is June 30th.

So July to September stands as their 1st first quarter...

BARGAIN HUNTERS TAKE NOTE!

Some folks have seen GUINNESS Q1 2021 result.

3.1m bids vs 200k.

For a company coming from a loss of N371m in their Q1 2020 results.

Their 70th AGM comes up next week Tuesday OCT 20th. So Let's hope for a BANGER!

BARGAIN HUNTERS TAKE NOTE!

BARGAIN HUNTERS rightnow

CP & his BONANZA gangs rightnow

This is to notify The Exchange and the Market that a meeting of the Board of Directors of Guinness Nigeria Plc will hold on Tuesday, 20th October 2020 for the purpose of considering and approving the financial results for the quarter ended 30th September 2020, amongst other matters.



Accordingly, in compliance with the NSE Rules and the Amendments to the Listing Rules, the closed period for trading in the Company's shares by insiders will commence on the 30th of September 2020 and will expire 24 hours after the announcement of the results.



Therefore, no Director, person discharging managerial responsibility, employees with sensitive information and other insiders of the company and their connected persons may directly or indirectly deal in the securities of the company during the closed period.



The results for the period as approved by the Board will thereafter be uploaded to the Exchange portal not later than 21st October 2020.

https://www.proshareng.com/news/STOCK%20&%20ANALYST%20UPDATES/GUINNESS-Notifies-of-Board-Meeting-Date-and-Commencement-of-Closed-Period/53468

BARGAIN HUNTERS TAKE NOTE!

Notice is hereby given that the 70th Annual General Meeting of the Members of Guinness Nigeria Plc will be held at the Panoramic View Hall, Civic Center, Ozumba Mbadiwe Street, Victoria Island, Lagos on Tuesday, 20 October 2020 at 11.00 O'clock in the forenoon to transact the following businesses:

2. Closure of register

The Register of Members and Transfer Book will be closed from 30 September 2020 to 5 October 2020 both days inclusive for the purpose of updating the Register of Members.

4. E-Dividend

Notice is hereby given to all shareholders to open bank accounts for the purpose of dividend payment where applicable. A detachable e-dividend payment mandate and change of address form is attached to the Annual Report to enable shareholders furnish particulars of their bank and CSCS Accounts numbers to the Registrar.

https://www.proshareng.com/news/STOCK%20&%20ANALYST%20UPDATES/GUINNESS-To-Hold-70th-AGM-on-October-20--2020--Lists-Proxies/53467


BARGAIN HUNTERS TAKE NOTE!

The Petroleum Industry Bill 2020 passed first reading on the floor of the Senate during plenary on Wednesday.

The Leader of the Senate, Yahaya Abdullahi, presented the proposed legislation and the President of the Senate, Ahmad Lawan, read the bill for the first time.

Details later…


https://punchng.com/breaking-pib-scales-first-reading-in-senate/

This a welcome development

BARGAIN HUNTERS TAKE NOTE

Heishere:
Jaiz bank offering a private placement of N10Billion

http://www.nse.com.ng/Financial_NewsDocs/31510_JAIZ_BANK_PLC-_NOTICES_OF_EXTRA-ORDINARY_GENERAL_MEETI.pdf

Who still buy

1) Private Placement.

2)Initial Public Offer,

3)Public Offer and

4)Right Offer

It will surely end in PREMIUM TEARS :'

BARGAIN HUNTERS TAKE NOTE!

Those in NB Train right now

WEEKEND TONIC

25 YEARS OF MARRIAGE WITHOUT A FIGHT

A man and his wife
never fought for 25 years
of their marriage.
A friend asked him how he had managed to make it possible.
He narrated:

"We went for our Honeymoon in Australia 25 years ago
and while riding on a horse,
My wife's horse jumped and my wife fell down.
She got up,patted the horse's back and said
"This is your first time"

After a while it happened again.
She patted the horse again and said:
"This is your second time"

The horse did it again the 3rd time,
She brought out a gun and shot the horse dead

I Was so shocked and I shouted at her. . . . . . . ."Are you crazy! What's wrong with you?
Why did you kill the horse?

She smiled at me and said
"This is your first time"

Since then. . . . . . . . . . . . . . . .
My Mouth Pim

Mpeace:
Seems they deliberately want the market to remain down.

NSE has serious liquidity issue that can only be resolved with NAIRA DEVALUATION and not by placing ban on High Networth Individuals Domiciliary accounts

To stimulate the economy N600 per USD will be a good starting point for FPI to come back if not the lackluster will continue till next earning season April 2021.

BARGAIN HUNTERS TAKE NOTE!

Lilosh:
e no even de trove or chaka to buy yet

1)Get a valid INTERNATIONAL PASSPORT,.

2)Get a valid BANK STATEMENT

3)Register with TRADING 212 platform

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BARGAIN HUNTERS TAKE NOTE!

lafuria1:
STOCK ALERT

SNOWFLAKE

$SNOW

Snowflake will be listing in the New York stock market today. It's a cloud based data company, there is so much hype about it, projected to produce the biggest intial public offer in US history for a software company. They are worth checking out.

Check link below for more information


https://www.google.com/amp/s/www.marketwatch.com/amp/story/snowflake-ipo-five-things-to-know-about-the-berkshire-backed-company-as-it-heads-for-record-software-offering-11600182459

SNOW FLAKES already sitting on over 51% profit

BARGAIN HUNTERS WATCH that SPACE!

Meanwhile LOCO rightnow

NYSE Investors rightnow

NSE investors rightnow

PharmAlfred:
Big time chief. Which stocks do you have under your belt now?

1759

PharmAlfred:
To get 10% to 20% on NSE is an extremely difficult.

10% of 10m is 1milla which will go along way in this pandemic era

BARGAIN HUNTERS TAKE NOTE!

USD now N430

BARGAIN HUNTERS TAKE NOTE!

Mpeace:
U don finally sell abi?

For where

GUINNESS reduced their DEBT from N20.5B last year down to N2.5B this year.

That means the WORST is over it's now a NEW DAWN.

http://nsmnews.com/threads/guinness-nigeria-will-suspend-dividend-following-n12-6-billion-loss.1307/#.X00dvB0uU1U.facebook

Annual pretax loss of 17.07 billion naira ($45 million),its first huge loss in four years,

54% owned by UK-based drinks group Diageo

Guinness Nigeria’s sales in the 12 months through June fell to 104.37 billion naira, down 21% from the year before
pretax profit of 7.10 billion naira last year

The company cut its debt to 2.5 billion naira from 20.5 billion a year ago

Shares fell to a two-week low of 14.3 naira, valuing the company at 21.5 billion naira.

The stock has fallen 88% from its 2018 peak of 120.25 naira


BARGAIN HUNTERS TAKE NOTE!