yMcy56:

Well-done sir.
At least I can read a stock related contribution from you after a looong while instead of criticizing someone else's own....

Oga Agba no vex o. Just dey talk Wetin my eyes see.

Loco abeg borrow me your skating shoe make I take commot from here fast.....

onegentleguy:


Just saw the report and in minutes, over a dozen fellows have sent me messages expressing their concern with the negative NPM in Q3.

Here's what you should know;

It was a poor 3 months report, but better performance over the course of the year. (remarkable improvememt in 9-months compared to the preceding yr)

Like other coys in the sector (GUINESS, NB) It was difficult to maintain their Q2 growth trajectory due largely to variable cost-related inputs.
However, magt was smart enough to follow through with a nDFC to mitigate fx-induced risk on future repayments while maintaining an aggressive delaveraging push.
Again, there's the huge investments in capex. (ref: over 58% jump/outflow from previous yr guide)

I am strongly bullish on INTERBREW.
My bet is on this one!
I still LOVE what I see in the their SCF and BS.

The progress made is remarkable!
This might actually be the last opportunity to align with INTERBREW.
Q4/YE report will open people's eyes to what I've been saying about this coy.

For those in; HOLD and be overprotective of your stake.
But pls FEEL FREE to sell off your stake if you so desire.
We shall look to ACCUMULATE more from those who might want to focus only on the coys SPL without due consideration to SCF and BS.

I'll repeat what I said in time past;
Buying INTERBREW @ N5 is like purchasing a bottle of Grand Malt for <N30.

Again, BUY... ACCUMULATE... HOLD!

CAVEAT: Due diligence still applies as always.

yMcy56:

Well-done sir.
At least I can read a stock related contribution from you after a looong while instead of criticizing someone else's own....

Oga Agba no vex o. Just dey talk Wetin my eyes see.

Loco abeg borrow me your skating shoe make I take commot from here fast.....

RabbiDoracle:
Unfortunately, we may be stuck in this environment till 2029. A yo-yo movement in and out of inflation just like in 1970s.

It is usually a decade of myriads of events. As one finishes, another starts.

So having a plan will be beneficial and go a long way to helping you make money during financial repressive environment like this.

My 2 kobo.

yMcy56:
NAHCO
On full bid despite the lull situation in the market.....
Guess it's not unconnected with the attached....

**Not any form of advice**

RabbiDoracle:


With what is coming, everyone must file into stocks las las. Holding cash isn't an option anymore.

Severe inflation will finish cash and bond holders.

Food or equities. People must choose one or both.

Olaide1295:

It is interesting that you find stocks attractive at this time. When risk free returns are around 13-15%.
If you have 10M Naira today, what will you be buying?

Olaide1295:

It is interesting that you find stocks attractive at this time. When risk free returns are around 13-15%.
If you have 10M Naira today, what will you be buying?

BullBearMkt:

...good question; over to you sir @RabbiDoracle

RabbiDoracle:


OK. Let me break it down. And let no one see this as me blowing my bubble.

I live in Turkey (unfortunately close to Russia separated by the black sea) and that is why I am concerned about some nuclear rhetoric.

Here inflation is 83% as at September 2022. This one na govt report o. Interest on bank deposit is 16%. So things are really expensive. Exchange rate (USD - lira) rose spectacularly in 2021 (from 6+ to 18) and it had remained so till 2022 (18+).

So what do people do to beat inflation? They buy cars and flip. Some buy houses and flip. Then people buy food and store. These are real assets. Real goods.

Those who have change to spare buy equities of the companies that produce real goods. Because during inflation, you must make necessary provisions for basic things. So you must buy these at those high prices. These go to the companies as increasing revenues and after cost of sales and other expenses, they still shell out massive returns. They pay Dividends. Stock make parabolic rise.

I have noticed that lots of companies that produce goods had their stocks rise between 500% to 1, 000%. Some are even more. I have quite a few names scattered in the affected sectors that these global events impact. So I write based on experience.

If you are holding cash when inflation is 83% and interest on deposits is just 16%, then you will be instantly crushed.

Now going back to Nigeria, inflation (govt reported) is 20% and what is the fixed deposit rate? Maybe 17%. This is nothing. You are still in financial repression where your funds lose money in a double whammy of lower fixed deposit rates vs inflation and devaluation. So what do you do because its gonna get worse before it gets better.

Though NSE isn't so deep like in Turkey where you trade wheat stocks, natural gas stocks, electric company stocks, steel stocks, dry food stocks, leasing, pharma and electronics etc. However we still have food stocks on NSE. You may think they won't rise, but when it starts, it goes very fast.

I have seen stocks do 500% in 3 months here. The most important is for one to ensure that every N1 you get doesn't stay as cash. You could be losing initially but it will be coming back as dividends which you can spend. If it is staying as cash, you will be spending it on highly costly goods(food, drink, energy cost etc) which would deplete your savings fast unlike when you are using dividends to offset these if you were invested in good dividends paying stocks.

And if you get like +1,000%, then you know what to do.

Inflation is beneficial to me and it is what I'm experiencing now. So I speak from experience.

Wapgod:


Where is fixed deposit rate 17% in Nigeria?

RabbiDoracle:


OK. Let me break it down. And let no one see this as me blowing my bubble.

I live in Turkey (unfortunately close to Russia separated by the black sea) and that is why I am concerned about some nuclear rhetoric.

Here inflation is 83% as at September 2022. This one na govt report o. Interest on bank deposit is 16%. So things are really expensive. Exchange rate (USD - lira) rose spectacularly in 2021 (from 6+ to 18) and it had remained so till 2022 (18+).

So what do people do to beat inflation? They buy cars and flip. Some buy houses and flip. Then people buy food and store. These are real assets. Real goods.

Those who have change to spare buy equities of the companies that produce real goods. Because during inflation, you must make necessary provisions for basic things. So you must buy these at those high prices. These go to the companies as increasing revenues and after cost of sales and other expenses, they still shell out massive returns. They pay Dividends. Stock make parabolic rise.

I have noticed that lots of companies that produce goods had their stocks rise between 500% to 1, 000%. Some are even more. I have quite a few names scattered in the affected sectors that these global events impact. So I write based on experience.

If you are holding cash when inflation is 83% and interest on deposits is just 16%, then you will be instantly crushed.

Now going back to Nigeria, inflation (govt reported) is 20% and what is the fixed deposit rate? Maybe 17%. This is nothing. You are still in financial repression where your funds lose money in a double whammy of lower fixed deposit rates vs inflation and devaluation. So what do you do because its gonna get worse before it gets better.

Though NSE isn't so deep like in Turkey where you trade wheat stocks, natural gas stocks, electric company stocks, steel stocks, dry food stocks, leasing, pharma and electronics etc. However we still have food stocks on NSE. You may think they won't rise, but when it starts, it goes very fast.

I have seen stocks do 500% in 3 months here. The most important is for one to ensure that every N1 you get doesn't stay as cash. You could be losing initially but it will be coming back as dividends which you can spend. If it is staying as cash, you will be spending it on highly costly goods(food, drink, energy cost etc) which would deplete your savings fast unlike when you are using dividends to offset these if you were invested in good dividends paying stocks.

And if you get like +1,000%, then you know what to do.

Inflation is beneficial to me and it is what I'm experiencing now. So I speak from experience.

RabbiDoracle:
BIST 100

83% inflation, bank deposit rate at 16%, interest rate cut to 9%+

Nigeria just 20% inflation rate.

Soon the wind of change on NSE will be like BIST.

BullBearMkt:

That's a massive move on the stock market. I'm not sure that rise in price is as a result of inflation alone. Normally rise in inflation should have negative effect on the stock market, let me say in a sane environment, like US & UK (that I follow their markets). Only valued stocks will tend to rise while growth stocks will continue to fall and invariably affect the market index. This massive jump in Turkish stock market index get as e be. Suspecting some other underlining factors are responsible not only inflation

Olaide1295:

It is interesting that you find stocks attractive at this time. When risk free returns are around 13-15%.
If you have 10M Naira today, what will you be buying?

Olaide1295:

It is interesting that you find stocks attractive at this time. When risk free returns are around 13-15%.
If you have 10M Naira today, what will you be buying?

RabbiDoracle:


Risk free return of 13 to 15%. Good one.

With N10m, buying Zenith at N20 gives you 500,000 units assuming you pay off the commission outside the N10m.

Zenith gives N3 dividend. And is bound to repeat it at 2022 YE. This will be 13.5% dividend yield if you remove withholding taxes.

And once the wind of change goes in favour of the banks, you get capital appreciation on Zenith and still pocket dividends equivalent to the risk free return you mentioned.

RabbiDoracle:


Risk free return of 13 to 15%. Good one.

With N10m, buying Zenith at N20 gives you 500,000 units assuming you pay off the commission outside the N10m.

Zenith gives N3 dividend. And is bound to repeat it at 2022 YE. This will be 13.5% dividend yield if you remove withholding taxes.

And once the wind of change goes in favour of the banks, you get capital appreciation on Zenith and still pocket dividends equivalent to the risk free return you mentioned.

RabbiDoracle:


Risk free return of 13 to 15%. Good one.

With N10m, buying Zenith at N20 gives you 500,000 units assuming you pay off the commission outside the N10m.

Zenith gives N3 dividend. And is bound to repeat it at 2022 YE. This will be 13.5% dividend yield if you remove withholding taxes.

And once the wind of change goes in favour of the banks, you get capital appreciation on Zenith and still pocket dividends equivalent to the risk free return you mentioned.

Godisfaithful:
$1 is equivalent to N805/N810 (Naira)

This is not how we want it to be but the present govt want it this way.

E ku market oooooo

Agbalowomeri:


What if I get Zenith at N10 ?

RabbiDoracle:


If you believe it's possible to get to that price after all your analysis, then you wait for it and buy at N10.

Others who want a cashflow can buy at the price where the dividend yield is OK for them.

Though I still expect Zenith to rise to 75 and GTB to 90 in their ascent.

RabbiDoracle:
BIST 100

83% inflation, bank deposit rate at 16%, interest rate cut to 9%+

Nigeria just 20% inflation rate.

Soon the wind of change on NSE will be like BIST.

Agbalowomeri:
I know where to catch you na

yMcy56:
MORE INTERIM DIVIDENDS DECLARED....

PRESCO
Interim Dividend: N2.00
Qualification Date: 21st November, 2022
Payment Date: 25th November, 2022
Registrar: First Registrar
https://doclib.ngxgroup.com/Financial_NewsDocs/37162_PRESCO_PLC%20CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE_AC.pdf

OKOMU
Interim Dividend: N2.00
Qualification Date: 15th Nov, 2022
Payment Date: 22nf Nov, 2022
Registrar: Cardinal Stone
https://doclib.ngxgroup.com/Financial_NewsDocs/37165_OKOMU_OIL_PALM_PLC%20CORPORATE_ACTIONS_CORPORATE_ACTION.pdf

AIRTEL
Interim Dividend: 2.18cents
Qualification Date: 9th Nov, 2022
Payment Date: 9th Dec, 2022
Registrar:
https://doclib.ngxgroup.com/Financial_NewsDocs/37167_AIRTEL_AFRICA_PLC%20DIVIDEND_CONFIRMATION__CORPORATE_ACT.pdf

BabsO2:
Did Turkish banks participate in this steep rise or were left out. Please can you share the names of some of their banks that did well.

RabbiDoracle:


Yes, all the banking stocks rose. Some names did x2 to x3 in 4 weeks. Mo gbe ja . Because it was too steep.

After that they lost between 50% to 60% in 2 weeks.

You can check the chart on investing site.

AKBNK
VAKBN
ISCTR
GARAN
HALKB
TSKB
SKBNK

Agbalowomeri:


Myjoy08 I hail o

RabbiDoracle:


Yes, all the banking stocks rose. Some names did x2 to x3 in 4 weeks. Mo gbe ja . Because it was too steep.

After that they lost between 50% to 60% in 2 weeks.

You can check the chart on investing site.

AKBNK
VAKBN
ISCTR
GARAN
HALKB
TSKB
SKBNK