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Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:57pm On May 19, 2022 |
yMcy56: I just hope Uncle Tony will leave UCAP as an independent company and not try to create UBA-Holdings with UCAP as a Subsidiary. You can't predict these Guys. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:03pm On May 19, 2022 |
UBA These guys @7.90 though!! They just lined up bids at that junction to be packing @7.95...... Make dem allow the price fall if that's what they wanted nah.. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:05pm On May 19, 2022 |
OBAGADAFFI:There was unbundling before from what I read...... UBA unbundled UCAP, APR and maybe some few other subsidiaries....... So there can't be any "Holding" again.......all things being equal. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:13pm On May 19, 2022 |
yMcy56: .......all things being equal. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 1:32pm On May 19, 2022 |
In pidgin inglis, should we sell our holdings? yMcy56: |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:46pm On May 19, 2022 |
ojesymsym: Just ignore that, 0.22koko stock. Even if them give bonus, i no go buy. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:48pm On May 19, 2022 |
ojesymsym:Make you no sell oo. There may be pumping here in coming days..... Dem go communicate details of how dey wan do the process later, this one go give clear direction. Na just my opinion.........I fit be right or wrong.... I think it's not a high risk stock considering the share price, which you might have picked @20k least/minimum price self. Final decision is yours afterall. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:54pm On May 19, 2022 |
OBAGADAFFI:Na so. As Nigeria Coys concern, they can wake up tomorrow and do the unexpected again. |
Re: Nigerian Stock Exchange Market Pick Alerts by YourhealthNG2(m): 2:20pm On May 19, 2022 |
It seems Morgan Capital does not work well on phone? Na wa o |
Re: Nigerian Stock Exchange Market Pick Alerts by GreatEko: 2:35pm On May 19, 2022 |
yMcy56: GTB bought back their erstwhile subsidiary from Investment One. So, there is a possibility UBA might also buy back their former subsidiary(ies) as these subsidiaries are still within Tony's control and influence. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 3:17pm On May 19, 2022 |
YourhealthNG2:Could be due to heavy workload around this time. Then you know, in the process of generating CHN for you, they'll contact CSCS and all those stuff. Copy info@morgancapitalgroup.com in all your correspondences. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:23pm On May 19, 2022 |
Nigerialabalaba: But NNPC is not profitable, FGN should allow the private sector to buy the assets of ExxonMobil. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 3:58pm On May 19, 2022 |
yMcy56: I think he is talking about using phone for trading!! It depends on the type of phone he is using!! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 4:02pm On May 19, 2022 |
emmanuelewumi:If you know nigerian politics very well, then you know that the said national interest might not necessarily be the interest of the nation. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 4:51pm On May 19, 2022 |
https://doclib.ngxgroup.com/Financial_NewsDocs/36050_PRESCO_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINAN.pdf 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 5:54pm On May 19, 2022 |
emmanuelewumi: That's the best practice.... Very funny indeed.... Rejecting consent from a coy with xpertise and dual listing.. and alignin with NNPC that managed to publish ... audited financial report after 43 yrs..... We know the endgame... it will end up in the hand of the Northern Elites.. 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 6:49pm On May 19, 2022 |
onegentleguy: yMcy56: Soon, some folks will look back and lament on why they didn't align with that coy CHAMS now. ...then, Mr Time will help them understand that the current mkt price was indeed a giveaway! It is well. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 6:51pm On May 19, 2022 |
onegentleguy: CADBURY has already delivered over 105% since the post above. ...up from approx N8.5 then to the present price of N17+ Closed on bid today... still has some way to go. Btw, take note of the other company highlighted in that post. NOTE: Due diligence still applies as always. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 6:55pm On May 19, 2022 |
onegentleguy: @ mcy56 trust you still remember the post above! Some folks probably forget that LINKAGE ASSURANCE owns a core stake (circa 11.76%) in Stanbic Ibtc Pensions. ...Nigeria's biggest PFA/PFC, accounting for near 40% of the country's total pension fund with FUM/AUM in excess of N11 Trillion. Buying LINKAGE @ <50k was tantamount to getting an insurance policy for a business/asset worth over N10 for almost nothing! ...more like transferring the risk of financial loss for an asset with a face value of N10 and paying nothing in return. (ref: >> 5x multiple from CMP raking-off SRP) The present mkt price is rediculously cheap... because even if you value LINKAGE using just 5% of the coys portfolio in Stanbic Pensions, it's FV would compute to N2.16. And by the way, they own about 11.76%, not 5%. My only regret was selling off the coy to position in other coys... but I know its gonna do well. Hear this! With certain insurance coys, buying into their present mkt peg is like getting them for free. Only the assets/subsets they own is enough to take their prices to above N1.5! I have since said that some select insurance companies are way too grossly undervalued! LINKAGE ASSURANCE has already stated it's gradual push up. ....SOVEREIGN TRUST, REGENCY ALLIANCE and WAPIC getting ready. Elsewhere, keep an eye on CHI, VERITAS KAPITAL, GUINEA INSURANCE, ROYALEX, MBENEFITS and the few other names we've highlighted here in time past. The rise in certain select INSURANCE COYS will be epic when it begins! Take position... but ensure to do so, permuting from among the right names. ...I already gave enough guide in time past. Need further brief on the INSURANCE SECTOR? ...kindly surf through my many past post for more guidance. Enough said! 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 7:00pm On May 19, 2022 |
ololufemi: You are absolutely correct! Regards 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 7:06pm On May 19, 2022 |
onegentleguy: onegentleguy: A pivotal line of disclosure... Over 2 yrs ago (btw Q2-Q3, 2019), We highlighted the worries in the company UNILEVER Nig Plc. Before that time, I gave an underperform/sell rating given the coys near N30 market price. Fast forward to Q1, 2020 and things only worsened for the company with inherent risk consistently taken a bite from what should've been due to an investor. See 2 amongst the last post I put out back then. (Note the lines therein) Within that period, risk was clearly ahead of the combination of REWARD and price with the continually pressured MoS resulting in the jettisoning of the stock by value investors. ...and unsurprisingly, the coys equity peg underperforming both it's sector and NGX index in the last 2 yrs. What has changed? Many of the major risk drivers highlighted then have been dwarfed by the company's present stance. (diminishing effect in view) ...with improvement recorded accross several key revenue and earnings line (at least by a 72% margin as certain triggers from core top-down and bottom-up positive line combines to good effect) The present UNILEVER... • Accelerating RM and OIM amidst drive to recover initially lost mkt share. This is already working for the company! • Healthier working capital stand on the back of higher ITP (ref: >> ∆ inventory turnover) and better performing receivables. There's been a 64.9% YoY jump in consumer spend... with Nigerians parting with over N108 Trillion in 2021 alone despite inflationary pressure. In retrospect, "tough times can't really be that tough" as passthrough impact from cost reflective challenges is minimized by higher comparative prices amidst increased consumer appetite. A coy like UNILEVER now appears well placed to wither the storm given her broadly inelastic product mix. Again, the decision of the Nig gov't to reopen the border should by implication, also greatly improve this line. • Expanded reach in distributorship chain amidst in-company restructuring. Expect lower CBR (ref: CRP) and higher CCC to JPBM in 2022. • Back to back improvement (QoQ in view) in AsQ, ROCE, EM, AER, CGPR and AsY following deficits/squeeze in the previous 5 quarters. • Improved value accretive stand at present compared to most sector peers in view of the current low base effect. (ref: NCPS, EV/EBITDA, JPBM) ...I also highlighted this same line while comparing WAPCO @ N9 and later, INTEBREW @ <N5 to their respective sector peers. (P2P weighting in view) I see a similar pattern to fellow P2P coy, PZ. Recall that we also gave a sell/underperform recommendation on PZ @ over N15 sometime in 2019... forecasting that price could drop to N4+. Well, it did... and we later issued an outperform/buy signal @ that N4+. PZ is currently trading @ N13+ and could rise even further. UNILEVER can well follow the same path. ...the probability that its price can rise from current level is now closer to 1 than zero. (aside it's FA, certain KEY technical indicators are beginning to gather momentum) With UNILEVER, potential REWARD has accelerated by an approx 2.7x multiple ahead of surrounding volatility/risk in view of it's CMP. Using an appropriate blend of valuation model that assumes a minot growth margin of 0.15x TTM (5% QoQ to YE, 2022) but also benchmarked to risk-discounted levels of 500bps above current surrounding peg, UNILEVER' FVE computes to N29.15 This, by the way, implies a very conservative approach. ...that FVE can expand by well over 46% if a similar growth margin from Q1 is reproduced in Q2, 2022. Rating now upgraded to; Overweight/Outperform IT'S TIME TO INVEST IN UNILEVER! BUY... ACCUMULATE... HOLD! CAVEAT: The need for due diligence should still take higher precedence ahead of this post. 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 9:01pm On May 19, 2022 |
onegentleguy:please Uncle OGG, what about LASACO |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:43pm On May 19, 2022 |
Surprisingly, no one talked about the commencement of banking business by MTN and Airtel giving that this move would have far reaching consequences on the banking industry as well as an impact on the telecoms companies. Publications on the exchange was made by both companies today. https://doclib.ngxgroup.com/Financial_NewsDocs/36047_MTN_NIGERIA_COMMUNICATIONS_PLC%20MOMO_PAYMENT_SERVICE_BA.pdf https://doclib.ngxgroup.com/Financial_NewsDocs/36043_AIRTEL_AFRICA_PLC%20NIGERIA_PSB_COMMENCEMENT_OF_OPERATIO.pdf Meanwhile after selling its PFC to FBNH, Access bank just took majority stake in a PFA. This must be strategic and profit oriented. https://doclib.ngxgroup.com/Financial_NewsDocs/36048_ACCESS_HOLDINGS_PLC%20ACCESS_HOLDINGS_PLC_TO_ACQUIRE_MAJ.pdf |
Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 9:50pm On May 19, 2022 |
yMcy56:Okay ma Aunty Mercy 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 10:22pm On May 19, 2022 |
Mpeace: Confirms that pfa business is more profitable than pfc... |
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 10:27pm On May 19, 2022 |
onegentleguy: Thanks! Holding on to my sovereign trust and linkage.. Looking to sell my universal insurance at a discount.. |
Re: Nigerian Stock Exchange Market Pick Alerts by OrgasmDonorxoxo: 6:21am On May 20, 2022 |
Hello � house Please I want your advise, does the dividend and bonus proposed by MCNICHOLS make it a buy for the short term? |
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 7:19am On May 20, 2022 |
OrgasmDonorxoxo: Dividend and bonus was declared when it was around 70k. I bought 77k and have sold.. if you entering at the current price to hold it might be too high.. that's my opinion but someone else might have better insight 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:03am On May 20, 2022 |
Just taking a look at transcorp result from last year. Comparing the company's subsidiaries clearly shows they Power sector is all in all. Nothing came from the Oil and gas segment(meaning that asset has fully gone to heirs holding). I think they need to unbundle or set the power segment on its own cos even with the current OS, the power segment can do wonders.
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Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 11:38am On May 20, 2022 |
Are we still talking about Seplat here? OBAGADAFFI: |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:00pm On May 20, 2022 |
ojesymsym: Multiverse Mining & Exploration Plc: |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:03pm On May 20, 2022 |
Mpeace: I don't support this idea. Same way they unbundled Transcorp Hotel? |
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