currentprice:
Ekuu Mkt o

Ekuu Q3 reports

welcome chairman, any tip for the house as per q3 results

aj8:
I have the following on my buy list based on my Common Sense Entry
Wema bank entry point below N5.00. My Target 6.5-8.00
Berger Paint entry point below N10.00 . My Target N12.00-15.00
Betaglass entry point below N35.00. My Target 48.00-52.00-60.00
I sold Nestle Friday. Buy back if below N350.00 Will review if new data comes in.
My UBA target still N19.00 . Will buy more only if it dips below N12.00. I Expect it to have the most Blow out income statement for H1 of the banks based on their Foreign Currency Translation Reserves.( Second highest FCTR (N40bill plus) after First Bank’s (N50bill)


Please do your due diligence. Above are my Common Sense Entry Points.

Off loaded Betaglass. Targets reached. Beta glass Likely to drop back to N44.00-N48.00 range. I bought NNFM today @19.95 . Target N40.00. UBA reappraised since considerable potential upside.New target is N24.00-N31.00. Holding on.

Today's market better than yesterday.
More funds coming to the market.
More strength to Japaul

Willie2015:


Pls send the house offering this rate for CP..

Fidson and AFEX commercial papers packaged by FSDH Capital

emmanuelewumi:




Fidson and AFEX commercial papers packaged by FSDH Capital

Thanks sir

https://doclib.ngxgroup.com/Financial_NewsDocs/39812_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

Caverton July to sept excellent
9 months profit down.

Won't be surprise to see the price up tomorrow because of July - sept performance

Of course good revenue recorded in the 9 months which is a positive outlook for 2024 continuing operations.

aj8:



Off loaded Betaglass. Targets reached. Beta glass Likely to drop back to N44.00-N48.00 range. I bought NNFM today @19.95 . Target N40.00. UBA reappraised since considerable potential upside.New target is N24.00-N31.00. Holding on.

This market they funny. Do you know for long I was trying to sell nnfm at 16 plus no deal.It was after yesterday full bid I decided to check out thr result and was surprised at what I saw.Though my unit na afolabi unit and the same with ikeja hotel.
Then what is wrong with flour mill.Thr results have not been impressive

Locotrader:
Today's market better than yesterday.
More funds coming to the market.
More strength to Japaul

Indeed today's bull looks stronger than yesterday's, making October close with a nice bull run.
May the Tinubull run you talked about, be the story for November .

BabsO2:


Indeed today's bull looks stronger than yesterday's, making October close with a nice bull run.
May the Tinubull run you talked about, be the story for November .

It's already dwelling among us.
Xmas came sooner than expected.
The liquidity I am looking for is even surplus

This UBA is a goldmine.
If not we are addicted to kobo stocks, we for don grab UBA since Peterichy has been shouting on it.

But shaa,I don see 10% × 3 in 3 days @ Japaul and still counting.

Onye na nke ya

This was revealed long ago. Those who listened and keyed in to UBA are smiling now. Congrats, folks!

ProphetUtuocha:
A once in a lifetime opportunity has opened in the banking sector. In this, UBA stands out! I won't talk much.

Locotrader:
https://doclib.ngxgroup.com/Financial_NewsDocs/39812_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

Caverton July to sept excellent
9 months profit down.

Won't be surprise to see the price up tomorrow because of July - sept performance

Of course good revenue recorded in the 9 months which is a positive outlook for 2024 continuing operations.

Sincerely speaking, I don't see what you see in caverton that attracts your attention to it. Firstly, I don't like their line of business; airline business/maintenance is not profitable in Nigeria. Beside the fact that it is capital intensive, the business is dependent on a lot of factors like forex to import crucial parts for aircraft maintenance, amidst other factors. I am yet to see any business in the aviation sector churning gains (Beside those rendering services like NAHCO). Rather, it is always stories of losses and closures; From the days of Alubarika Air, ADC airline, Chanchangi, Bellview and Bristow helicopter to the present days, Even, most of the present airlines that we have are all wallowing in debt.

Secondly, Caverton is like a family business (The Makanjuolas') and I don't have much confidence in their management style. To me, even Jegede's Japaul has the potentials to survive the future than Caverton. I rest my case for now.

Above is my personal opinion please.
***

Locotrader:
Today's market better than yesterday.
More funds coming to the market.
More strength to Japaul

Japaul is set to travel far given how it weathered today's mountains of offers.

essentialone:


UACN already at N15.70

heading to KM 18

Congratulations

At this point, i dont know what to think of this caverton hype. seems like MH.
their result is still wack. alot has to stabilize in their industry to stand strong again.

Locotrader:
https://doclib.ngxgroup.com/Financial_NewsDocs/39812_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

Caverton July to sept excellent
9 months profit down.

Won't be surprise to see the price up tomorrow because of July - sept performance

Of course good revenue recorded in the 9 months which is a positive outlook for 2024 continuing operations.

I agree with your submission on opex being a major challenge for airlines.
However, I think bristow not sure if you meant bristol is well managed compared to carverton perhaps because they are an international company. Carverton can't even service it's existing obligation to some of its customers because they have very few aircraft. These I have seen first hand. I wonder how bristow is able to manage their operations amidst the FX wahala.

kolaish:
Sincerely speaking, I don't see what you see in caverton that attracts your attention to it. Firstly, I don't like their line of business; airline business/maintenance is not profitable in Nigeria. Beside the fact that it is capital intensive, the business is dependent on a lot of factors like forex to import crucial parts for aircraft maintenance, amidst other factors. I am yet to see any business in the aviation sector churning gains (Beside those rendering services like NAHCO). Rather, it is always stories of losses and closures; From the days of Alubarika Air, ADC airline, Chanchangi, Bellview and Bristol helicopter to the present days, Even, most of the present airlines that we have are all wallowing in debt.

Secondly, Caverton is like a family business (The Makanjuolas') and I don't have much confidence in their management style. To me, even Jegede's Japaul has the potentials to survive the future than Caverton. I rest my case for now.

Above is my personal opinion please.

jideflash:
At this point, i dont know what to think of this caverton hype. seems like MH.
their result is still wack. alot has to stabilize in their industry to stand strong again.

I am not monkey hunting anything.
It's left for Mr.Market to decide.

Japaul has begin to swallow offers again today.

Streetinvestor2:
This market they funny. Do you know for long I was trying to sell nnfm at 16 plus no deal.It was after yesterday full bid I decided to check out thr result and was surprised at what I saw.Though my unit na afolabi unit and the same with ikeja hotel.
Then what is wrong with flour mill.Thr results have not been impressive

Is the market funny or does it just respond to anything new…called NEWS.

FIRST BANK
What's behind all these heavy queues @19?
Is First Bank getting set to give UBA some good run?
Well, it once did by overtaking UBA and ACCESS......and went ahead of them in terms of share price value.

The forces behind each one will speak volume

We are watching....

* AIRTEL @1694!!
Closing the gap with SEPLAT........while Seplat too is not waiting..

Perculiar:
I can't log on to my afrinvestor platform. Any other person having same issue?

@perculiar,pls check ur email. I sent a msg to you.

For insurance Lovers, If the market can respond to the Q3 results of Mansard and conerstone insurance, market will also do Justice to Mutual Benefit insurance at just 0.46kobo.Just wait for it.I am just seeing this fantastic result from them.

https://doclib.ngxgroup.com/Financial_NewsDocs/39825_MUTUAL_BENEFITS_ASSURANCE_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

yMcy56:
FIRST BANK
What's behind all these heavy queues @19?
Is First Bank getting set to give UBA some good run?
Well, it once did by overtaking UBA and ACCESS......and went ahead of them in terms of share price value.

The forces behind each one will speak volume

We are watching....

*MANSARD closing in on Custodian

* AIRTEL @1694!!



Closing the gap with SEPLAT........while Seplat too is not waiting..

UBA and FBN have significant offshore presence and hence earn foreign exchange via interest rates abroad. FBN likely to outpace UBA’S foreign exchange earnings by about 20%.

aj8:





UBA and FBN have significant offshore presence and hence earn foreign exchange via interest rates abroad. FBN likely to outpace UBA’S foreign exchange earnings by about 20%.

e be like say na FBN shares u load very well.

Locotrader:
For insurance Lovers, If the market can respond to the Q3 results of Mansard and conerstone insurance, market will also do Justice to Mutual Benefit insurance at just 0.46kobo.Just wait for it.I am just seeing this fantastic result from them.

https://doclib.ngxgroup.com/Financial_NewsDocs/39825_MUTUAL_BENEFITS_ASSURANCE_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

Look at AIICO also.

My eyes are seeing things
UBA and ACCESSCORP

aj8:


UBA and FBN have significant offshore presence and hence earn foreign exchange via interest rates abroad. FBN likely to outpace UBA’S foreign exchange earnings by about 20%.

Are you saying FBNH understated FX gains. That more gains will be delivered in FBNH full year than currently reported in Q3. While UBA already reported the all z gains and by full year FBNH FX gains will exceed UBA gains.

If so that could explain the rally in FBNH, as some vested money bags mop up available offers since they know the value. This will make them also mop the rights in full.

Why is gtco price going down while others are going up

Adinije:
Why is gtco price going down while others are going up

It is due to financial "ösmosis", movement of funds from higher concentration to a lower concentrate