debeey87:


Improvement of almost double their sales in their retail sugar sale boosted their revenue. I can only hope the continues to improve their bottom line in 2023

onegentleguy:
My post was actually making reference to exiting then @ N12--13 and waiting to reenter at a lower price.

As for buying @ current price levels, I honestly would love to see and digest their YE 2022 report before given any insight. Regards

machine606:

Sir,

1 & 2 I know, but 3 I know not.
You know say some of us still dey nursery 2 for this stock thing self. That 3 I no understand oh

yMcy56:
GTCO:
Much stronghead....
Reversing up again .......from 26.60 back to 26.75.....
The buy pressure is much....

machine606:

Sir,

1 & 2 I know, but 3 I know not.
You know say some of us still dey nursery 2 for this stock thing self. That 3 I no understand oh

onegentleguy:


For DANGOTE SUGAR, its been an impressive management style in recent time.
Fantastic YE, 2023 report!

But not too good DPR (dividend payout ratio)
A megre N1.50 proposed... which is just approx 33% of earnings cap.
I had expected a bit more (ref: N2-2.5) given how the coys CCC, CGPR, CRB, JPMG, and NCR all printed better benchmark ahead of earnings delivery... with the last 3, ensuring you have an MoS @ 0.7x of current mkt peg.

But DS is obviously a BUY @ present price levels.
Intrinsic value @ near 61% above CMP (ref: N30.5 racking-off surrounding risk)

Rating: Retained at outperform.

Disclosure: Hold some DS in some management portfolio.
Caveat: NOT to be inferred as any sought of recommendation. Due diligence still applies.

onegentleguy:
Finally, as a growth and/or value investor, I will seek to align with STERLING BANK, UPDC and RED STAR EXPRESS @ current price levels.
...of course, having the necessary trade set-up.

Again, NOT to be inferred as any sought of recommendation. Due diligence still applies as always.

Selah

abuhusna1:
We need another stock like Geregu. Maybe we can have dangote refinery when it starts functioning. I missed out on geregu

Lion123:


You dey fear to buy at N327? Something that is going to N1,000.

essentialone:
Why is the price of Transcorp and Academy Press going down?

Lion123:


You dey fear to buy at N327? Something that is going to N1,000.

OBAGADAFFI:
Vitafoam don land o

dapix:


Pay your tithe ooooooo

gold360:
Good morning all, pls when is zenith bank and UBA paying their shareholders dividends? Thanks

BabsO2:
https://www.reuters.com/world/africa/morgan-stanley-turns-bullish-nigeria-bonds-after-election-2023-03-02/

The bullishness will extend to stockmarket sooner or later.

Not investment advice. Do your DD.

juniorrate:
My TA is seeing #23 very soon in Dangs and with their good performace in q4 2022, it’s unlikely to see #16 here again which is safe entry

Heishere:


bond market seems to be inversely proportional to stock market

Heishere:


bond market seems to be inversely proportional to stock market

Ginalex:
Oando people how market

Agbalowomeri:


Negatively correlated you mean

BabsO2:


The article refers to Naija $ bonds that they've been bearish on for a while. Not Naira bonds. Will be good to know the proportionality of FX bonds to local equities. Most likely more of a direct proportionality than inverse.

Ginalex:
Oando people how market

beejay1:
Dividend payment date will come after both companies have released their 2022 Full year audited report. The release of these reports have been delayed till 31st March 2023.thanks