yMcy56:
TOTAL is here.....
All UNAUDITED....
https://doclib.ngxgroup.com/Financial_NewsDocs/34908_TOTALENERGIES_MARKETING_NIGERIA_PLC%20_QUARTER_4_FINANCI.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/34907_JULIUS_BERGER_NIGERIA_PLC%20_QUARTER_4_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34909_OKOMU_OIL_PALM_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34906_MRS_OIL_NIGERIA_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34905_CORNERSTONE_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34903_UNIVERSITY_PRESS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34902_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC%20_QUARTER_4_FINA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34901_MEYER_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2021_FINA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34900_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_4_FINANCIA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34899_ALUMINIUM_EXTRUSION_IND_PLC%20_QUARTER_4_FINANCIAL_STA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34894_TRANS%20NATIONWIDE_EXPRESS_PLC%20_QUARTER_4_FINANCIAL_STA.pdf

ETI
PAT: +309% increase ........

UCAP not releasing result today would be odd sha ..just saying

onegentleguy:
https://doclib.ngxgroup.com/Financial_NewsDocs/34897_VITAFOAM_NIG_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR.pdf

Frankly, VITAFOAM' financials presently ticks all the boxes. ...at least by a 70% accuracy. (3M to YE, 2021 in view)
It's a near perfect description of a fundamentally healthy coy.

√ Strong growth trajectory following an above risk-discounted delivery across all revenue and earnings line.

√ NET MARGIN growing at a faster pace than GROSS despite higher cost line... ensuring a sound AsY and AsQ.

√ Double digit growth in EM and AER.

√ Strong cash position (NCPS) on the back of a higher CCC and CGPR.

√ CA printing a premium to TL... following a faster growth in NCA compared to that of the latter line.

The last 3 line shows that these fellows must be making a lot of money.
Their product line most be selling real fast. (Compare days in inventory, ∆InvT, receivables and CCC)

I still remember when this coy was trading for btw N5-6 with many investors apparently not interested in it.
Am guessing the move to restructure their business model and expand into other basic home valuables while increasing their footprint into few other African countries was the game changer!

The price of the coy has already gone up quite a bit.
Think it was the 3rd best performing stock (up by over 188%) in 2021... only behind Morison Ind and RoyalEx Insurance.

For Traders, there are ways to play around coys like this given that it's YE dividend declaration is yet to be implemented. (think Feb 14-18 and 11 marks the closure date and QD respectively)
For investors, it might be best to hold... but keep a close watch on their quarterly report to observe any change in trajectory.
H1 2022 report will be KEY!

In VITAFOAM, I believe!

Using a mix of valuation model that adopts a conservative approach assuming zero growth to YE, 2O22, and attaches a premium net of surrounding risk, I have a FVE of N31.4
...still a BUY from my end.

CAVEAT: Due diligence still applies as always.
My advise? ...pls do well to follow your instinct.

Kudos @ currentprice for spotting this nice piece!
It is well.

This "chief" has probably finished selling for today.
...up by approx 10% and already on full bid @ N24.4.

It is well.

gbengafaro1986:
UCAP not releasing result today would be odd sha ..just saying

Ucap board meeting for consideration of final year audit result 2021 is 17th February 2022.

Hopefully, we should be expecting the result on 18th February 2022.

ucvin:
Access bank has tied down my funds. Seems something fishy is going on with ACCESS..It has no business trading at the current price when compared with FBNH, UCAP and ETI. Should i sell off or keep holding? I'm really disappointed.

ACCESS time is coming, don't jump out and regret later

ukay2:


ACCESS time is coming, don't jump out and regret later

I have jumped out.

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.

Brilliant

otokx:


I have jumped out.

Teacher, Don't teach me nonsense

onegentleguy:
OKOMU almost in the league of TOTAL ENERGY.

...grossly undervalued!

It is well.

Your seeing what am seeing Onegentleguy

otokx:


I have jumped out.

All the best

Total lifting up...
Km N350...
Loading ...
Just observing...

otokx:


I have jumped out.

ukay2:


ACCESS time is coming, don't jump out and regret later

UBA and ACCESS rise will be violent when it starts!

Willie2015:
Total lifting up...
Km N350...
Loading ...
Just observing...

We move...

N30 dividend payment is what am expecting

Total deregulation of petroleum sector will take TOTAL to the promise land...kmN450

gbengafaro1986:
Has anyone noticed Team US STOCKS never show face in like the last one week Dem don dey chop breakfast like this

It's been minus 1% everyday in like the last 7-8 trading days. US markets slaughtering every investor lol

ukay2:


We move...

N30 dividend payment is what am expecting

Total deregulation of petroleum sector will take TOTAL to the promise land...kmN450

they will pay 12 naira.

Haha. Don't forget both Wig and Ton are typical bankers. Frugal to the core with funds. Waiting to be surprised....

seyisanya:
UBA and ACCESS rise will be violent when it starts!

onegentleguy:
OKOMU almost in the league of TOTAL ENERGY.

...grossly undervalued!

It is well.

JULIUS BERGER also appears to be in a league of it's own.
What an asset... what a coy!
Keenly expecting their audited print though...

...also grossly undervalued!

It is well.

yMcy56:

They'll show when there's small pullback.

Advantage of US Stock market is that pessimists also make money, especially at these bad times . Same can't be said of our dear NGX which is yet to adopt shorting.

In all of these TOTAL good performance and price appreciation, who knows what 11 PLC price would be at this time. They just rushed and delisted at a paltry 213.9 at a time when they were even in better stability than Total.

IYGEAL:


Advantage of US Stock market is that pessimists also make money, especially at these bad times . Same can't be said of our dear NGX which is yet to adopt shorting.

...once again you have spoken well.

Regards

IYGEAL:


Advantage of US Stock market is that pessimists also make money, especially at these bad times . Same can't be said of our dear NGX which is yet to adopt shorting.

very true but the ones who come here to make noise don't know anything about shorting. Most are limited by the fintech apps they use.

IYGEAL:
In all of these TOTAL good performance and price appreciation, who knows what 11 PLC price would be at this time. They just rushed and delisted at a paltry 213.9 at a time when they were even in better stability than Total.

In a sane clime, we would've been joining some of these coys to go private when they want to leave... that's if they will.
Delisting often appears a quick means to rob off from minority investors here. ...oftentimes its brokered when after a long wait, the "real meal is suppose to be served"
A big part of the blame is on our capital market operators and policymakers/regulators. ...they have failed to protect the interest of the common investor to say the least!

I remember telling folks not to sell their stake in NEAREST ASL (former airline services and logistics) because the company was making so much money at the time but wanted to gift investors with peanuts.

At present, I am suspecting COURTVILLE.
...those guys are making good money, but now planning to delist.
Someone has been strategically mopping up/accumulating from the sideline @ 60k.
We shall wait to see what meal they serve. (MTO price peg in view)

The NSE is that place where you'll need to understand and interpret the many "melodies that's been played to manage your way up"

It is well.

IYGEAL:
In all of these TOTAL good performance and price appreciation, who knows what 11 PLC price would be at this time. They just rushed and delisted at a paltry 213.9 at a time when they were even in better stability than Total.

They saw it coming. They now have all the profit to themselves. Price appreciation doesnt matter to them right now. If and whenever they decide to list, it would be on a massive scale.

Ades1:



very true but the ones who come here to make noise don't know anything about shorting. Most are limited by the fintech apps they use.

What platform do you use for this ?

IYGEAL:


Advantage of US Stock market is that pessimists also make money, especially at these bad times . Same can't be said of our dear NGX which is yet to adopt shorting.

Can you share the platform that allow this for Nigerians?

onegentleguy:


In a sane clime, we would've been joining some of these coys to go private when they want to leave... that's if they will.
Delisting often appears a quick means to rob off from minority investors here. ...oftentimes, its brokered when after a long wait, the "real meal is suppose to be served"
A big part of the blame is on our capital market operators and policymakers/regulators. ...they have failed to protect the interest of the common investor to say the least!

I remember telling folks not to sell their stake in NEAREST ASL (former airline services and logistics) because the company was making so much money at the time but wanted to gift investors with peanuts.

At present, I am suspecting COURTVILLE.
...those guys are making good money, but now planning to delist.
Someone has been strategically mopping up/accumulating from the sideline @ 60k.
We shall wait to see what meal they serve. (MTO price peg in view)

The NSE is that place where you'll need to understand and interpret the many "melodies that's been played to manage your way up"

It is well.

I suspect courtville will play their game and give investors peanuts on share price ..what do you suggest sell or hold for now

onegentleguy:
https://doclib.ngxgroup.com/Financial_NewsDocs/34897_VITAFOAM_NIG_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR.pdf

Frankly, VITAFOAM' financials presently ticks all the boxes. ...at least by a 70% accuracy. (3M to YE, 2021 in view)
It's a near perfect description of a fundamentally healthy coy.

√ Strong growth trajectory following an above risk-discounted delivery across all revenue and earnings line.

√ NET MARGIN growing at a faster pace than GROSS despite higher cost line... ensuring a sound AsY and AsQ.

√ Double digit growth in EM and AER.

√ Strong cash position (NCPS) on the back of a higher CCC and CGPR.

√ CA printing a premium to TL... following a faster growth in NCA compared to that of the latter line.

The last 3 line shows that these fellows must be making a lot of money.
Their product line most be selling real fast. (Compare days in inventory, ∆InvT, receivables and CCC)

I still remember when this coy was trading for btw N5-6 with many investors apparently not interested in it.
Am guessing the move to restructure their business model and expand into other basic home valuables while increasing their footprint into few other African countries was the game changer!

The price of the coy has already gone up quite a bit.
Think it was the 3rd best performing stock (up by over 188%) in 2021... only behind Morison Ind and RoyalEx Insurance.

For Traders, there are ways to play around coys like this given that it's YE dividend declaration is yet to be implemented. (think Feb 14-18 and 11 marks the closure date and QD respectively)
For investors, it might be best to hold... but keep a close watch on their quarterly report to observe any change in trajectory.
H1 2022 report will be KEY!

In VITAFOAM, I believe!

Using a mix of valuation model that adopts a conservative approach assuming zero growth to YE, 2O22, and attaches a premium net of surrounding risk, I have a FVE of N31.4
...still a BUY from my end.

CAVEAT: Due diligence still applies as always.
My advise? ...pls do well to follow your instinct.

Kudos @ currentprice for spotting this nice piece!
It is well.

Thank you Onegentleguy. Well appreciated. I will keep an eye on their results.

gbengafaro1986:
UCAP not releasing result today would be odd sha ..just saying

** There are rules guiding submission of final financial reports in NSE.
** It's not compulsory for any company to file UNAUDITED REPORT within 30 days after financial year end.
** A Company may decide to file AUDITED once and for all........within 60 days......
** Those filing UNAUDITED will still submit AUDITED..........but within 90days now.

If you noticed, except FCMB, ETI and NPF, none of the banks submit UNAUDITED FY report, some companies also did not.

So, UCAP is still in order........and I still expect them to be the first Company to submit AUDITED Q4 Financial Report .........

samguru:
Watch out for Q3 result of NNFM, its going to be another bomb

Fidson Pharmaceuticals PLC is going to surprise everyone too

Guinness you have done well jare

Please, Come and Explain this!!!!!!!

https://doclib.ngxgroup.com/Financial_NewsDocs/34952_FIDSON_HEALTHCARE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf