₦airaland Forum

Ucap going....

GANDALF1:
If the float news is true, you are going to regret this move soon bro except you buy another good company's share.

I read somewhere in this thread about FEAR and GREED.
I try to gauge these emotions in each move I make. Anticipating 100% and above returns might just me a sign of GREED for me.
Remember I am still an armature.

Regardless of how the market responds to the news of the floating Exchange Rate, I am not at loss.
Bottomless is, I am learning and becoming a better investor with each transaction.

Would you advise that I split my proceeds and deposit one half to Mutual funds and Buy USD with the other half? Just incase....
or just wait for the right time to buy back the stocks upon market correction?

emmanuelewumi:
Be careful, on what basis. I have the following intrinsic values using 5 years average EPS and 5 years average return on equity and then making provision for margin of safety


GTB 45
Zenith 42
Access 24
Uba 20
Fidelity 11
FCMB 9
MTN 320
FMN 43
Sterling 7
DSR 42
Nascon 21
Nestle 1500
Dang cement 330

Can this happen by the end of the year?


There is a 70% probability, that it will happen.

Ladasha:
I read somewhere in this thread about FEAR and GREED.
I try to gauge these emotions in each move I make. Anticipating 100% and above returns might just me a sign of GREED for me.
Remember I am still an armature.

Regardless of how the market responds to the news of the floating Exchange Rate, I am not at loss.
Bottomless is, I am learning and becoming a better investor with each transaction.

Would you advise that I split my proceeds and deposit one half to Mutual funds and Buy USD with the other half? Just incase....
or just wait for the right time to buy back the stocks upon market correction?

No try usd once the naira is floated.The dollars heading to naija go shock you fom diaspora remittance through official channels. Go back in to fundamental stocks like Dan sugar and wapco.

I am telling you as a business man.Plenty dollars whr not coming in because of cbn policy. They first pass through China to bring In anything as import to be sold in niaja but that won't be the case again. Men go move thr money come naija direct forget all those noise in naija as per money laundry you see hanging on bank walls

Nigerian stocks are dirt cheap. Stocks are now being repriced.


In all these make sure you invest in dividend paying, fundamentally sounds stocks which are still selling at 30% discount to their fair value

NAIRA FLOATED!?
Murray Bruce praises BAT for floating the Naira....

https://www.nairaland.com/7727734/ben-murray-bruce-praises-president

emmanuelewumi:
Can this happen by the end of the year?


There is a 70% probability, that it will happen.

The way things are going, this is going to happen before the end of this month not this year

Dividend yield of 10% and above is an aberration, we should should getting use to dividend yield of 4% to 7% in the coming days.


Your total return is the dividend yield plus the earning growth.


Imagine United Capital with dividend yield of 12% plus earning growth of 20% in the past

emmanuelewumi:
Dividend yield of 10% and above is an aberration, we should should getting use to dividend yield of 4% to 7% in the coming days.


Your total return is the dividend yield plus the earning growth.


Imagine United Capital with dividend yield of 12% plus earning growth of 20% in the past

Na capital growth go remain to de hunt at that time because wetin I wan carry 4-7% annual do like in savings account.

debeey87:
Na capital growth go remain to de hunt at that time because wetin I wan carry 4-7% annual do like in savings account.

Did you consider the earning growth portion of the equation.


Earning growth made an investor who got a dividend of 200k from United Capital about 9 years ago to get a dividend of N1.5 million from the company in 2023 without increasing his holdings

emmanuelewumi:
Can this happen by the end of the year?


There is a 70% probability, that it will happen.

my oga were is FBNH ?

emmanuelewumi:
Did you consider the earning growth portion of the equation.


Earning growth made an investor who got a dividend of 200k from United Capital about 9 years ago to get a dividend of N1.5 million from the company in 2023 without increasing his holdings

I did and also factored in companies like access bank,UBA who can been stingy with dividends and choose not to increase it like until this year(access) and rather remained same for a long time even with increased earnings. UBA can even choose to reduce dividend like they did in 2020 or 2021 while their peers maintained theirs. If they do like ucap toping their dividends with corresponding growth in earnings, that Won't be a bad idea like we saw with nahco and some other names.

They will do well to match these new levels with good yearly dividend yield

debeey87:
I did and also factored in companies like access bank,UBA who can been stingy with dividends and choose not to increase it like until this year(access) and rather remained same for a long time even with increased earnings. UBA can even choose to reduce dividend like they did in 2020 or 2021 while their peers maintained theirs. If they do like ucap toping their dividends with corresponding growth in earnings, that Won't be a bad idea like we saw with nahco and some other names

Earning growth that doesn't translate to dividend growth, na scam.


My opinion though

9free:
For Oga nosa2 to leave farm work and enter market today, this current Burundi bull will be in the market longer than we expected.

I've been on NSE for a few months now. I don chop 60% on access already.

All Share Index closed at 59,985.


70 gainers and 13 losers today

What is the way forward?

emmanuelewumi:
All Share Index closed at 59,985.


70 gainers and 13 losers today

Do you stll think 70k ASI is not possible this year?
It rose by over 3k in the last two days

Mpeace:
Do you stll think 70k ASI is not possible this year?
It rose by over 3k in the last two days

The prospect of the index reaching 70k this year is certainly feasible, assuming the momentum of index growth observed in recent days continues unabated.

But where is First bank in all these positive growth in the last week guy's?

reucom:
But where is First bank in all these positive growth in the last week guy's?

They are doing well

What are individual opinions if your dividend paying stocks and planned retirement stocks become too over valued. Let take for instance ucap goes to #30 and you BE is #1.00..You know when this FPI guys show face manipulation dey follow join for the market

Pls assist me, am new in shares issues, which share can you advice I buy with 20000 and how can I monitor or learn how to the way stocks grow and come down. Thanks

Streetinvestor2:
What are individual opinions if your dividend paying stocks and planned retirement stocks become too over valued. Let take for instance ucap goes to #30 and you BE is #1.00..You know when this FPI guys show face manipulation dey follow join for the market

If the yield is enough for your retirement, why worry about current price of the stock? This is how I personally look at it. You don’t worry about the value of your house or car on a daily basis

Zenith was around #66,UBA #42, FBN #45, dansugar #60, Wema bank #15 in 2008. I bought at those prices. If FUGAZ didn't reach #100 I am not selling anything

locodemy:
From indicators, Oando will move up tomorrow, likewise IB.

The volume traded in stocks today will drive them up.Both are to watch out this week as the bull continues in all sectors.

The IB prediction came to pass with precision.

husu:
Zenith was around #66,UBA #42, FBN #45, dansugar #60, Wema bank #15 in 2008. I bought at those prices. If FUGAZ didn't reach #100 I am not selling anything

a true dividend investor spotted!! weldone sir

Monibabakan:
The IB prediction came to pass with precision.

If this naira float of a thing is real, I see IB as the cheapest company at NSE despite huge loss which is caused by Fx policy.
Now the owners of the stock and their foreign partners will take the stock to where it belong.I see it selling above #20 in a short time.

This was how we discovered Japaul at 27kobo, tomorrow by Gods grace I will be 100% in Japaul and will be looking unto 200% with all seriousness.

I am also looking at that policy in the ICT sector that will drive chams to 200%.I am already 80% in chams.

Time will tell.

locodemy:
If this naira float of a thing is real, I see IB as the cheapest company at NSE despite huge loss which is caused by Fx policy.
Now the owners of the stock and their foreign partners will take the stock to where it belong.I see it selling above #20 in a short time.

This was how we discovered Japaul at 27kobo, tomorrow by Gods grace I will be 100% in Japaul and will be looking unto 200% with all seriousness.

I am also looking at that policy in the ICT sector that will drive chams to 200%.I am already 80% in chams.

Time will tell.

Yes boss!

Ha

essentialone:
Academy Press and Cadbury are growing very fast...

Please where can I check the daily closing prices, online?

AllBusiness:
So how do i invest my N4m now? I only have stanbic IBTC money market fund

Bro, you're late to the party! I recommend buying Dangsugar stock without hesitation if you can get it at todays close or lower as it still pack value.

I bought more of it this morning when it was selling below yesterday's close. Some people were even lining up to buy it at a lower price, but I didn't waste any time and bought it at 22.85. By the afternoon, it was in full bid. Even if the market is red tomorrow, you can still keep the stock and collect the dividend.

The dividend payout was just 33%, meaning that they only paid out 33% of their earnings. Dangcem pays out more than 80% of its earnings, so it's likely that if Dangsugar's earnings continue to grow, the dividend will double or more. Of course, you should still do your own due diligence.