Is there hope for Caverton passengers?

With book value per share of 5.17 and current price of 1.2, someone could attempt to buy all the stock (unlikely but possible) and voluntarily liquidate the company, thereby realizing a 3.97 naira per share profit.

The moral of d story is that Cavertons time will come...

Mpeace:
MTN now 230. The stock appears poised for greater heights. If only Fidelity would go up small make I withdraw some money deposit for mtn.

JIJO artistes will never let Fidelity Rest ....immediately after payment date like this ...they strike

Agbalowomeri:
ASI crosses 50K first time in 14 years
Next resistance 65k-67k
Enjoy the long ride and prepare for the next crash
Eyes on Brent

How long will the ride last, I am looking at 30 months ie 2 and a half years

ositadima1:
Is there hope for Caverton passengers?

With book value per share of 5.17 and current price of 1.2, someone could attempt to buy all the stock (unlikely but possible) and voluntarily liquidate the company, thereby realizing a 3.97 naira per share profit.

The moral of d story is that Cavertons time will come...

What is the return on equity of Carveton?

I thought today was to be fidelity payment day?? Was it postponed?

Hmmmm

yMcy56:
GUINNESS
Sighted @108.95!!!

All of you making a ki.ll here, don't forget to pay your Thanksgiving offerings......

GUINNESS giving more hope to NB and INTBREW faithfuls.......both on full bid now...

Chai.
Guinness was at N15 begging for buyers.
When I made my move after some time then with a price limit of N20 and missed it.
I relaxed that it will still come down to meet me.
It was a regrettable decision.
Painful.
D fact that I drink beer almost daily makes it more painful.
Hmmmmmmmm.

emmanuelewumi:


What is the return on equity of Carveton?

No be to gather book value
Na to use am do something Lol

emmanuelewumi:


What is the return on equity of Carveton?

2021 ended in a loss due to huge increase (about 6 billions more than d previous year) in cost of sales. If we dig deeper, the increase was from consumables (aircraft spare parts seems to be d major culprit). Doesn't look like a recurring expense to me, maybe I am wrong.

That said, trading at 76.7% percent below book value is not sustainable, I see it going no where but up in the long run.

Which other viable companies still have qualification dates ahead which we fit use collect small dividends?

emmasoft:
CORPORATION ACTION AS REPORTED ON THE NGX FOR THE WEEK ENDED 01 04 2022

...

Please note if you have holdings in any of the company and you wish to get your dividend on the payment date you must confirm your mandate has been received and processed by the registrar in charge of the company before the closure date. If after that date, you submit and processed your mandate your dividend will be paid but that will be after the payment date.

emmanuelewumi:



How long will the ride last, I am looking at 30 months ie 2 and a half years

I wish I sabi o
Make una call Nostradamus for us

My case was worse. I bought around 16, it then wen down to around 13/14, then I wanted to sell at a small loss and I mistakenly went and purchased more. Maybe God was forcing me to buy more but stubborn me went ahead to sell some units of both the mistakenly bought ones and the previous ones.
Thank God I left some sha few ones for consolation.

leparj:


Chai.
Guinness was at N15 begging for buyers.
When I made my move after some time then with a price limit of N20 and missed it.
I relaxed that it will still come down to meet me.
It was a regrettable decision.
Painful.
D fact that I drink beer almost daily makes it more painful.
Hmmmmmmmm.

My mind is telling me to put significant figures on GTCO and Jim Ovia people.

And I will, for the long run.

ojesymsym:
Which other viable companies still have qualification dates ahead which we fit use collect small dividends?

Oga mi, and you quoted this long post to ask this?
To dey scroll na work sometimes o...... especially for we wey dey post regularly.

ositadima1:


2021 ended in a loss due to huge increase (about 6 billions more than d previous year) in cost of sales. If we dig deeper, the increase was from consumables (aircraft spare parts seems to be d major culprit). Doesn't look like a recurring expense to me, maybe I am wrong.

That said, trading at 76.7% percent below book value is not sustainable, I see it going no where but up in the long run.

The return on equity of Carveton is low, so it will sell be its book value.

There is a formula for the calculation of a justified price book ratio.

Based on the performance of Carveton, I think it is appropriately priced

ositadima1:


2021 ended in a loss due to huge increase (about 6 billions more than d previous year) in cost of sales. If we dig deeper, the increase was from consumables (aircraft spare parts seems to be d major culprit). Doesn't look like a recurring expense to me, maybe I am wrong.

That said, trading at 76.7% percent below book value is not sustainable, I see it going no where but up in the long run.

I expect revenues to drop as they have lost some contracts already. I will be careful of going that route. Look at the FACTS behind the figures.

CHAMS
That heavy bidder is codedly crossing @23k.......
Anyone that observe will see that there was no offer at 23k most of the time and at some point, but once bid comes up @23k, it would be filled up......he was doing it in such a way as not to attract attention to the stock.....
Well, unfolding events will prove this right or wrong later later....

A good market for the Brewers today......
So also the palm oyel farmers.....

E Ku market o.
Nice seeing the ogas on top coming back and posting.

lol.... Make I shorten.

yMcy56:

Oga mi, and you quoted this long post to ask this?
To dey scroll na work sometimes o...... especially for we wey dey post regularly.

Best info so far
It is an old acct. I no want chop dis fidelity div, i just want reinvest it.
Thanks but how do i go abt depositing?

yMcy56:

If you mean minimum acct opening deposit, it's free.....
You can then deposit as much as you can to start trading.......

gbengafaro1986:

JIJO artistes will never let Fidelity Rest ....immediately after payment date like this ...they strike

Fidelity Dividend just landed. Let's just take it as consolation.

Krisuba:
I thought today was to be fidelity payment day?? Was it postponed?

Fidelity dropped already!!

Krisuba:



Fidelity dropped already!!

Yes ooo..
Even forget I had Fidelity in one of my old acct....
Na the credit alert... remind me that I still have some decent unit...

BURUNDI BULLS IN THE MARKET

ENJOY everyone.......

Willie2015:


Yes ooo..
Even forget I had Fidelity in one of my old acct....
Na the credit alert... remind me that I still have some decent unit...

Why passive investment is good

I don't know jackshit about the stock market.
I did exactly what professionals advise us not to do - I blindly picked Guinness @17.

Now, I feel like writing and selling a stocks literacy ebook.

ositadima1:


2021 ended in a loss due to huge increase (about 6 billions more than d previous year) in cost of sales. If we dig deeper, the increase was from consumables (aircraft spare parts seems to be d major culprit). Doesn't look like a recurring expense to me, maybe I am wrong.

That said, trading at 76.7% percent below book value is not sustainable, I see it going no where but up in the long run.

This is a good contrarian approach.

If there is a further selloff in the stock as a result of bad quarterly results, it will drive it very low. However once this stock starts to rise, it could hit N15 to N18 forming a historical ATH extended double top. This is based on TA only.

TA leads FA.

hischoice:
I don't know jackshit about the stock market.
I did exactly what professionals advise us not to do - I blindly picked Guinness @17.

Now, I feel like writing and selling a stocks literacy ebook.

Hold till Guinness hits N300 (and NBrew should hits N250).

From 17, you should be having a gain of 1,664%.

However this is small compared to 4,000% that some names will print. Go find it.

Agbalowomeri:


I wish I sabi o
Make una call Nostradamus for us

(Based on TA only) If there is to be a parabolic rise to a record high of 100K or more, it then means that there will be very sharp price acceleration of stocks (within the index) within a short timeframe say 9 months. Max 12 months.

If during the time NSE is rising rapidly (late stage rise or euphoria), all markets in the world are doing the same and commodities are rising rapidly, then there could be a Global hyperdeflation---sudden and severe bust of everything.

RabbiDoracle:


Hold till Guinness hits N300 (and NBrew should hits N250).

From 17, you should be having a gain of 1,664%.

However this is small compared to 4,000% that some names will print. Go find it.

I don't listen to professionsals. In fact, because of your advice, I'm selling the Guinness tomorrow.

Signs to show that the end is near (late stage):

-When brokers beg you to take margin loans and they specifically tell you what to buy.
- Everyone on the street bets on NSE especially the uneducated ones who don't know what NSE means. Remember how MMM permeated everywhere.

This will look like 2008 x 10.

hischoice:


I don't listen to professionsals. In fact, because of advice, I'm selling the Guinness tomorrow. �

Abum itimpachakwu.

RabbiDoracle:


Hold till Guinness hits N300 (and NBrew should hits N250).

From 17, you should be having a gain of 1,664%.

However this is small compared to 4,000% that some names will print. Go find it.

Pls be calming down Nwenna.
Check your Pm.

Regards