vacanci:
what's pushing transcorp hotels. Though a solid company but the fundamentals are not there for the current price.

Earning per share not up to 50k, dividend yield is less than 0.3%.
there may be other metrics driving the price up but me i am not understanding ooo

Lol. Insider things nah.

Wait till IKEJA will start its own mvmt........

** FMN too should be warming up..

Intbrew has refused to move

Ucap is moving up so fast. What is happening?

I see, some directors are buying even at 20+ price
https://ngxgroup.com/exchange/data/corporate-disclosures/

vacanci:
what's pushing transcorp hotels. Though a solid company but the fundamentals are not there for the current price. Earning per share not up to 50k, dividend yield is less than 0.3%. there may be other metrics driving the price up but me i am not understanding ooo

window dressing by managers going to end of year + two board members have been added to the team ** Former CAC HEAD (Reputable man that brought sanity to CAC as we know it in the last 4-5 years) and *** Head of AVON.

Hogwarthtrades:
window dressing by managers going to end of year + two board members have been added to the team ** Former CAC HEAD (Reputable man that brought sanity t CAC as we know it in the last 4-5 years) _ Head of AVON.

I think it's not only window dressing.
It hasn't been dressing window since all the years it was static @ circa 6.....
I think some other factors are also at play......and, hotel biz has picked up much better compared to the COVID era.

TRANSCORP Hilton, IKEJA HOTELS (to mention the listed ones) are very popular hotels that attracts the societal big shots, Foreigners as well as various activities at different levels sha.
Also Tony factor.

Na my opinion o.

Go ahead and take loan then, you are sounding so confident as if you can always beat the market. Which due diligence are you talking about? A single govt policy will cancel the so called due diligence. My point is don't get carried away with the bullish in the market by taking uncalculated risk. Just imagine someone that took loan to buy Oando @ N16 believing it will rise to N20, it's almost 3 months we know the price of Oando now.

emmanuelewumi:



So if you expecting a total dividend of N5 million in 2024 and you discovered an irresistible investment opportunity after carrying out enough research and due diligence, you can't borrow against your investment to take a loan of N10 million in order to harness the opportunity.


I don't recommend taking a loan to buy shares based on the value of your portfolio but based on the expected dividend of the portfolio, at a maximum of 3 times the value of the expected dividend.



Mind you, if the loan of N10 million was invested on a dividend paying stock at a good dividend yield, the expected dividend from the portfolio will increase from N5 million to about N6 million for 2024

Did market close earlier or is Morgan Capital having problems?

IYGEAL:
Did market close earlier or is Morgan Capital having problems?

Someone said it was closing at 12.30 today, I think it was Ymcy56

netotse:


Someone said it was closing at 12.30 today, I think it was Ymcy56

I see

They even sent emails to that effect. I just read them now.

Olaide1295:
Ucap is moving up so fast. What is happening?

I see, some directors are buying even at 20+ price
https://ngxgroup.com/exchange/data/corporate-disclosures/

Someone said bonus is likely... NFA

phadriz:
Go ahead and take loan then, you are sounding so confident as if you can always beat the market. Which due diligence are you talking about? A single govt policy will cancel the so called due diligence. My point is don't get carried away with the bullish in the market by taking uncalculated risk. Just imagine someone that took loan to buy Oando @ N16 believing it will rise to N20, it's almost 3 months we know the price of Oando now.

Oga just relax.The person you are talking to knows this business better than you do.i can say he is vast knowledgeable than you think and has been playing this loan thing for long.If you want to learn that part of trade you calm than and learn from him.Him na oga for stock market

phadriz:
Go ahead and take loan then, you are sounding so confident as if you can always beat the market. Which due diligence are you talking about? A single govt policy will cancel the so called due diligence. My point is don't get carried away with the bullish in the market by taking uncalculated risk. Just imagine someone that took loan to buy Oando @ N16 believing it will rise to N20, it's almost 3 months we know the price of Oando now.

A closed mind is a closed destiny. If I have access to funds, I will bet big on Oando. Investment success is not for the lilly livered. Go big or go broke.

Streetinvestor2:
Oga just relax.The person you are talking to knows this business better than you do.i can say he is vast knowledgeable than you think and has been playing this loan thing for long.If you want to learn that part of trade you calm than and learn from him.Him na oga for stock market

In Nigeria, it is the poor that is always advising the rich on money and financial matters.

Why do you guys find it difficult to post without insult or brag? You are sounding too confident as if you have never burn your fingers in the market. I can tell you categorically nobody can beat the market 100% even the great Femi Ote$ burnt his fingers in the past. There is nothing like guarantee in this market. I have been trading since age 17, I was once head of finance of a stockbroking firm for 5 years, so don't think you are talking to a novice. My point remains that people should trade with caution and not get carried away with bullish trend.

Streetinvestor2:
Oga just relax.The person you are talking to knows this business better than you do.i can say he is vast knowledgeable than you think and has been playing this loan thing for long.If you want to learn that part of trade you calm than and learn from him.Him na oga for stock market

FYI, I don't think your portfolio can be up 60% of mine, so you are not in the best position to tell me to think big. My exposure in Trancorp alone is not for the kids. Even if I sell down today and put it in money market, I can never take paid job for life in Nigeria. So am not broke. You are thinking of taking 10m loan which is around £7k, and you feel am a broke guy. Faceless platform na leveller sha

Harvestock01:


A closed mind is a closed destiny. If I have access to funds, I will bet big on Oando. Investment success is not for the lilly livered. Go big or go broke.

phadriz:
Why do you guys find it difficult to post without insult or brag? You are sounding too confident as if you have never burn your fingers in the market. I can tell you categorically nobody can beat the market 100% even the great Femi Ote$ burnt his fingers in the past. There is nothing like guarantee in this market. I have been trading since age 17, I was once head of finance of a stockbroking firm for 5 years, so don't think you are talking to a novice. My point remains that people should trade with caution and not get carried away with bullish trend.

I think it is ur initial response that sounds like an insult to one of our biggest assets on this forum. no one is asking you to do a diligence but a DUE DILIGENCE. If you follow his posts for the next 2 years, your investment mentality will transform for the better

Surprisingly, it is an empty vessel that makes the loudest noise. What is your definition of poor?

You guys will just open mouth waaaa to spit stupidity with arrogant.

Harvestock01:


In Nigeria, it is the poor that is always advising the rich on money and financial matters.

May be you read comment again and see where the insult comes from. I said No body can always beat the market, Do not invest the money you can not afford to lose, learn from 2008 meltdown.
Now point to the insult above.

I don't need to follow anyone's post for me to take decision in the market.

vacanci:


I think it is ur initial response that sounds like an insult to one of our biggest assets on this forum. no one is asking you to do a diligence but a DUE DILIGENCE. If you follow his posts for the next 2 years, your investment mentality will transform for the better

phadriz:
Go ahead and take loan then, you are sounding so confident as if you can always beat the market. Which due diligence are you talking about? A single govt policy will cancel the so called due diligence. My point is don't get carried away with the bullish in the market by taking uncalculated risk. Just imagine someone that took loan to buy Oando @ N16 believing it will rise to N20, it's almost 3 months we know the price of Oando now.

What I have been for more than 20years, currently have like 4 different loans that are running and performing.


Ask N16.00 did Oando pay dividends, don't take a loan based on the value of your but based on the Investment income that will be generated by your portfolio after considering the previous year's dividend earned.


Don't get a loan trying to use capital appreciation from the portfolio to service the loan.


The koko be say focus on investment income or cash flow and the loan should not exceed 3 times the expected investment income or maximum of 5 times when the market is extremely bearish and the expected dividend yield from the target stock is equivalent to or higher than interest rate.


Zenith Bank in 2020 at N10, gave a dividend yield of 27% while interest rate was about 20%. Between 2020 and now Zenith return 260% as capital appreciation and totally of 90% as total dividend based on the purchase price of N10

phadriz:
FYI, I don't think your portfolio can be up 60% of mine, so you are not in the best position to tell me to think big. My exposure in Trancorp alone is not for the kids. Even if I sell down today and put it in money market, I can never take paid job for life in Nigeria. So am not broke. You are thinking of taking 10m loan which is around £7k, and you feel am a broke guy. Faceless platform na leveller sha

This my comment is not necessarily in response to the above post.
However, this is my advice to us all, including myself:
i. Do not belittle anyone on this platform (or any other online platform)\
ii. Do not blow your cover.
iii. Better to be underrated than overhyped!

I want to make money from Oando, so pass me the ideas and suggestions

phadriz:
FYI, I don't think your portfolio can be up 60% of mine, so you are not in the best position to tell me to think big. My exposure in Trancorp alone is not for the kids. Even if I sell down today and put it in money market, I can never take paid job for life in Nigeria. So am not broke. You are thinking of taking 10m loan which is around £7k, and you feel am a broke guy. Faceless platform na leveller sha

You will always find a way to beat your empty chest. Who's asking for your profile on the stockbroking firm that you have previously ran aground? Please park for one side with your audio networth. If funds to you means N10 million, I can not help your ministry.

Keep your advice for those who are willing to pay for it.

ojeysky:
Intbrew has refused to move

I feel like this on CAP as well, been stuck in the range for some time.

phadriz:
May be you read comment again and see where the insult comes from. I said No body can always beat the market, Do not invest the money you can not afford to lose, learn from 2008 meltdown.
Now point to the insult above.

I don't need to follow anyone's post for me to take decision in the market.

i didn't say insult. i said, sounds like an insult. the person you were responding to is a veteran in this business and so it sounds like an insult to place him among those of us that may make an uncalculated mistake thinking we have done our due diligence.
Oga Emma is a winner in this business. He had always been opened about how he went concerning his dealings and we have followed his success stories and learned from them

The fact that it works for you doesn't mean it is the best, some people may just jump at loan because of little rally on a stock, hence my reason for caution. The other time someone was lamenting that he converted all his money to $ and the exchange rate fall. The Zenith example you cited was during Covid-19 when the market was down which is good example to encourage people to take loan for shares, I also cited an opposite situation for people to be cautious. If you kill greed in investment you will never regret any investment decision, you build wealth, you don't acquire it overnight, unnecessary aggressiveness always lead to tears.

Nigeria Brewery in the past used to be one the best performing stocks on dividend and price appreciation with good fundamentals, what happen sometimes ago? Imagine if one take loan to buy FBN and Femi Ote$ decided to exit today, what do you think will happen? Those that bought Intercontinental and PHB in the past did due diligence as well.

emmanuelewumi:





What I have been for more than 20years, currently have like 4 different loans that are running and performing.


Ask N16.00 did Oando pay dividends, don't take a loan based on the value of your but based on the Investment income that will be generated by your portfolio after considering the previous year's dividend earned.


Don't get a loan trying to use capital appreciation from the portfolio to service the loan.


The koko be say focus on investment income or cash flow and the loan should not exceed 3 times the expected investment income or maximum of 5 times when the market is extremely bearish and the expected dividend yield from the target stock is equivalent to or higher than interest rate.


Zenith Bank in 2020 at N10, gave a dividend yield of 27% while interest rate was about 20%. Between 2020 and now Zenith return 260% as capital appreciation and totally of 90% as total dividend based on the purchase price of N10

phadriz:

The fact that it works for you doesn't mean it is the best, some people may just jump at loan because of little rally on a stock, hence my reason for caution. The other time someone was lamenting that he converted all his money to $ and the exchange rate fall. The Zenith example you cited was during Covid-19 when the market was down which is good example to encourage people to take loan for shares, I also cited an opposite situation for people to be cautious. If you kill greed in investment you will never regret any investment decision, you build wealth, you don't acquire it overnight, unnecessary aggressiveness always lead to tears.

Nigeria Brewery in the past used to be one the best performing stocks on dividend and price appreciation with good fundamentals, what happen sometimes ago? Imagine if one take loan to buy FBN and Femi Ote$ decided to exit today, what do you think will happen? Those that bought Intercontinental and PHB in the past did due diligence as well.

Why should anybody take loans now, I took between first and second quarter of 2023.


I tell people make sure you create enough investment income cash flow, with that you can take leverage based on the expected cash flow.

My believe is that capital appreciation is secondary and not predictable, Investment income in form of dividends, coupons, interests and rents are predictable.

The way some margin loans operate you can continue to rollover for the next 5 years provided you are servicing the quaterly or semi annual interest payments

Veteran?
That is where you guys always miss it, you think he don't burn is fingers as well? People keep their failures secret and disclose their successes. Is your veteran once a council member of the Exchange or SEC? Please read about Ololo and see what loan to buy stock did to him. Ask yourself why banks don't take shares as collateral for loan again after 2008 crisis. I know so many big brokers that made billions in the market, but also burnt their fingers later.

vacanci:


i didn't say insult. i said, sounds like an insult. the person you were responding to is a veteran in this business and so it sounds like an insult to place him among those of us that may make an uncalculated mistake thinking we have done our due diligence.
Oga Emma is a winner in this business. He had always been opened about how he went concerning his dealings and we have followed his success stories and learned from them

omo dey drop shit fo hin mouf
i no de talk again u ppl dey sensitif but d tin phadriz talk say he no dey insult anyone sha
which loan r u mad
u dey push pesin into margin call knowing most ppl dat dey hia b like pekin when it comes to investment
haba u dey tell am take loan enter market no b ur momy dem dey enta na
phadriz - no mind am...na same 4-5 ppl dem dey collect 40 monikar fo hia dey come yab u one after anotha na same pesin dem b o.
imagine pesen go tell am take laon go buy omatek..dis same go do am inside whatsapp na very confam maga

Can we move the discussion back to UCAP, Transcorp etal?

What’s fueling the octane?

jaybee3:
Can we move the discussion back to UCAP, Transcorp etal?

What’s fueling the octane?

any news on TRANSCORP?

Assuming you have 1 million units of BUA cement valued at over N90 million, but generated a dividend of less than N3 million in 2023. The maximum loan I can take against the Investment based on the previous dividend paid is N9 million.

Whereas another investor with 2.4million units of Zenith Bank shares valued at about N90 million, but generated a dividend of about N7.5 million in 2023. The maximum loan I can take against the Investment based on the previous dividend paid is N22 million.


Same portfolio size but different loan amount, based on the Investment income generated by both portfolios.

I think this is conservative enough.


If you have a business or other streams of income apart from the Investment income generated by the portfolio, some highly motivated investor can decide to take 5 times and above of the Investment income as loan.

The problem is that the main source of income from our portfolio for most of us is through the capital appreciation of our portfolio. But capital appreciation is not certain. People in this category should avoid taking loans for investment purposes

[quote author=yMcy56 post=127572762]

Bros no vex.......
Even myself want it to shake body pass you ...

Why I asked is the activities going on there......

The stock de show me shege!! Had to sell stock that are doing well now to invest in sugar!!

phadriz:
Why do you guys find it difficult to post without insult or brag? You are sounding too confident as if you have never burn your fingers in the market. I can tell you categorically nobody can beat the market 100% even the great Femi Ote$ burnt his fingers in the past. There is nothing like guarantee in this market. I have been trading since age 17, I was once head of finance of a stockbroking firm for 5 years, so don't think you are talking to a novice. My point remains that people should trade with caution and not get carried away with bullish trend.

It is obvious you are one of those wrong guys people meet in so call finance professionals. Who is taking about beating the mkt or guarantee. I only pointed out that the guy understands how to invest using loans and has done it several with positive results. He is not a novice in it.I beg to say he is an authority in this field.
I hope from how you are sounding the finance company has not closed shop.He does not invest based on hope as you mentioned oando. And he only takes calculated risk.
You will be alright last last after showing off.The people who have what it takes don't make noise on this forum.