Agbalowomeri:


They have chopped this company
Nothing wey we no go see; they even turned the P&L page to landscape so that you would need to turn your neck upside down Lol. You need to print this before you can understand the abracadabra.

In short, profit has nosedived 50% within a year. Meanwhile, they retained the old share so that the EPS would still look attractive in naira Lol instead of 0.0004 kobo

\
Lol.

Agbalowomeri:


They have chopped this company
Nothing wey we no go see; they even turned the P&L page to landscape so that you would need to turn your neck upside down Lol. You need to print this before you can understand the abracadabra.

In short, profit has nosedived 50% within a year. Meanwhile, they retained the old share so that the EPS would still look attractive in naira Lol instead of 0.0004 kobo

The EPS stated there is correct, new OS was used and not old OS.

For investors in UPDCREIT, see the latest

pluto09:


The EPS stated there is correct, new OS was used and not old OS.

My bad o
Let me order new goggles

Agbalowomeri:


They have chopped this company
Nothing wey we no go see; they even turned the P&L page to landscape so that you would need to turn your neck upside down Lol. You need to print this before you can understand the abracadabra.

In short, profit has nosedived 50% within a year. Meanwhile, they retained the old share so that the EPS would still look attractive in naira Lol instead of 0.0004 kobo

...as the profits nosediving, so also the share price with price now at all time low and reversal not in sight

BullBearMkt:

...as the profits nosediving, so also the share price with price now at all time low and reversal not in sight

Which company is this oga BBM?
I think agba was talking about geregu.

BullBearMkt:

...as the profits nosediving, so also the share price with price now at all time low and reversal not in sight

Oga BBM na GEREGU we dey discuss o
Which chart is this?

Agbalowomeri:


Oga BBM na GEREGU we dey discuss o
Which chart is this?

...na UPDCREIT ooo. I tot @pluto09 is responding to your post. lol!

BullBearMkt:

...na UPDCREIT ooo. I tot @pluto09 is responding to your post. lol!

Their cost structure is crazy

We dive deeply into the Flour Miller's listed on the exchange in this conversation with Praise Ihansekhien (Deputy Team Lead, Research, Meristem Nigeria).

We explore their products, future prospects and how retail investors can profitably invest in them.

I hope you enjoy this conversation as much as I did.

https://anchor.fm/value-nigeria/episodes/72--A-deep-dive-into-the-listed-Flour-Millers-A-chat-with-Praise-Ihansekhien-e1pa92t

emmasoft:
For investors in UPDCREIT, see the latest

Are they paying both 2021 and 2022 this on year?

BullBearMkt:

...na UPDCREIT ooo. I tot @pluto09 is responding to your post. lol!

Hmm...another pair of goggles needed

cc Agbalowomeri

Those who are strategic would by REITs cause of the replacement costs of their assets and their stable future cash flow

BullBearMkt:

...as the profits nosediving, so also the share price with price now at all time low and reversal not in sight

drills:
Those who are strategic would by REITs cause of the replacement costs of their assets and their stable future cash flow

...absolutely!

Weldon P Z

PZ declares dividend of N1 per share from sale of assets. Although they made a loss

https://doclib.ngxgroup.com/Financial_NewsDocs/36932_P_Z_CUSSONS_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMENT_.pdf

Fantastic Q1 result as well

https://doclib.ngxgroup.com/Financial_NewsDocs/36933_P_Z_CUSSONS_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEM.pdf

Agbalowomeri:
My bad o
Let me order new goggles

Oga don't forget to tell us the correct EPS and your updated opinion after you don change your goggle lens sir.

This GTB trouble maker don come again......
Placed 7M single offer at day's high, @19.65......maybe to create panic and prevent the price from moving up....
If he sees it going up, he'll remove it again.....just the way he did for the 4M he placed on Friday......if he actually wants to sell, there are bids, let him clear the table.....
God knows his house number.....

** He don remove am again......

COURTVILLE:
Started crossing it today again.......@0.48....
Hope SEC won't keep delaying unnecessarily.....

UCAP:
Responding positively to Q3 improved result......

yMcy56:
This GTB trouble maker don come again......
Placed 7M single offer at day's high, @19.65......maybe to create panic and prevent the price from moving up....
If he sees it going up, he'll remove it again.....just the way he did for the 4M he placed on Friday......if he actually wants to sell, there are bids, let him clear the table.....
God knows his house number.....

** He don remove am again......

COURTVILLE:
Started crossing it today again.......@0.48....
Hope SEC won't keep delaying unnecessarily.....

UCAP:
Responding positively to Q3 improved result......

Dat GTB trouble maker...
Na village people..
Just leave am....

E ku market ooooo. I hope everyone is making money in this environment?

Anyway, $1 is still N735/N740 (In Naira)

On our way to N900/N1,000 soon

God bless Nigeria!

Godisfaithful:
E ku market ooooo. I hope everyone is making money in this environment?

Anyway, $1 is still N735/N740 (In Naira)

On our way to N900/N1,000 soon

God bless Nigeria!

The devaluation has been terrible. I feel it should be discussed more here.
The massive devaluation has taken a huge bite into the USD corresponding value of any Naira investment.
I listened to Sanusi Lamido Sanusi's speech at KadInvest and I am worried for Naira denominated assets/investments. May we not go the Zimbabwe way.

Heishere:
PZ declares dividend of N1 per share from sale of assets. Although they made a loss

https://doclib.ngxgroup.com/Financial_NewsDocs/36932_P_Z_CUSSONS_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMENT_.pdf

Fantastic Q1 result as well

https://doclib.ngxgroup.com/Financial_NewsDocs/36933_P_Z_CUSSONS_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEM.pdf

Qualification date: 6 of January 2023.
Closure of Register: 9 to 13 of January 2023
Payment date: 26 of January 2023

P Z cussons una Weldon ooo

Hi to all my traders in the house.Hope you are having a great moment.@Lance,I hope you are doing great.I am back to NSE as volatility will resume soon.

talk2me2:
Qualification date: 6 of January 2023.
Closure of Register: 9 to 13 of January 2023
Payment date: 26 of January 2023

P Z cussons una Weldon ooo

January is far.
Nawa oh.

Wapgod:

January is far.
Nawa oh.

That is their usual way. We they use am pay children school fees

Godisfaithful:
E ku market ooooo. I hope everyone is making money in this environment?

Anyway, $1 is still N735/N740 (In Naira)

On our way to N900/N1,000 soon

God bless Nigeria!

I'm moving back to the Nigerian market. The recent discovery of the illegal pipelines and the upcoming elections is making me super bullish on Nigeria.

Anyway, what are the house's thoughts on Access bank? price seems very cheap. I've been buying for a few weeks now. I intend to keep on buying at this range

nosa2:


I'm moving back to the Nigerian market. The recent discovery of the illegal pipelines and the upcoming elections is making me super bullish on Nigeria.

Anyway, what are the house's thoughts on Access bank? price seems very cheap. I've been buying for a few weeks now. I intend to keep on buying at this range

...good decision. Between 7.50 - 8.0 Naira remains buying level

BullBearMkt:

...good decision. Between 7.50 - 8.0 Naira remains buying level

Thanks. Are any other companies worth looking at?

nosa2:


Thanks. Are any other companies worth looking at?

...with the index nose diving, better to keep your hard earned money and wait to buy many stocks cheaper in the near future. But GTB, Zenith, Flourmill, etc worth watching.

Godisfaithful:
E ku market ooooo. I hope everyone is making money in this environment?

Anyway, $1 is still N735/N740 (In Naira)

On our way to N900/N1,000 soon

God bless Nigeria!

Do you also follow the bandwagon in saying the bolded

God has already blessed Nigeria with so many natural resources you can ever think of, but what have we done with it rather than to steal, kill and destroy one another with it. If you evacuate all the people in Nigeria to UK/USA today and move all the people in UK/USA to Nigeria, I am very sure that in the next 5 years, Nigeria would be transformed into a paradise by the white men and our people that are in UK/USA will still be applying for visa to come back and live in Nigeria after destroying themselves in UK/USA. I just think that Nigeria got her independence prematurely from the British because an average Nigerian thinks more of himself than the country and general populace. South Africa became what they are today simply because the whites did not leave the country on time (most of the developmental infrastructure in south africa was put in place by the whites). However, it is only when we are matured in mind and vote the right candidate to rule us that the country would move forward.

So, the narratives should have been 'GOD HAVE MERCY ON NIGERIA' because we really needs God's mercy to lead us aright and guide whoever is in charge to do what is right with the abundant blessings that God has given to us. I'll stop for now.

Ekuu Market o

currentprice:
Ekuu Mkt o

fasten you na seatbelts well o, technically NSEindex still have far way down to go... may see little positive reaction at 47k but real destination is around 41k on my technical bedsheet opinion

some individual stock look nearly there and may slowly move down to their zone awaiting Q3 result for further reaction.
individual stock at the destination may stabilise waiting for NSEindex to reach it destination for general bull to commence. so dont expect bullish mkt soon

_{^{last post Tip on forex was Aud/Usd shorting, and it pay off Thank God. now let go for BUY on EUR/GBP on long time}}

noticed NSEindex struggled for few trading days at the 47k zone as TA predicted , begin to move down below the zone from yesterday. if it clearly breaches this zone then it on its way to the final destination predicted

Based on the TA, GTB was predicted few months ago for a new 2020 low and gtb seen fell below 17 when the index reaches 47k support zone and this give gtb d opportunity to pullback.

for zenith, forget about the recent refuse to fall tactic. b4 zenith could take a serious decision for real rise or not... price is likely going to touch 17 first

play safe.....