₦airaland Forum

Banks ehn... Kai! I'm thankful for my sugar and salt... I know Eterna will pickup as it's already doing so. I'll just hold on tight. Ymycy, Currentprice and Pa Emma thank you so much once again. 2024 is already looking great from here

Sterling printing. Love it

Heard Dangote foods are at SEC

megawealth01:
Pls drop am still... I'm a heavy risk taker ooooo... All the stocks that has given me fortunes were all extremely risky when I got into them... Ask around about the new me from 2020... Many even warned me but what they warned me of is what they all got into... I can mention all those penny stocks without fundamentals them that I bought in volumes and I became extremely wealthy in about three years (2023)

Waiting to see it get to wave 3 before I tell you so it gets there organically and not pushed prematurely but the setup is getting there.

Check Lasaco all the same. Do your DD

Heard Dangote foods are at SEC

My oga I know you....a great prophet of the market,God continue to bless you sir

Princkez:
My oga I know you....a great prophet of the market,God continue to bless you sir

Pls who made the post?
S/he deleted the handle immediately.....why nah?

Btw, it's SEC that's delaying the process now.

FTN Cocoa full bid @1.72 again! Chai!!
Good to receive elders blessings...

KayOn1:
Waiting to see it get to wave 3 before I tell you so it gets there organically and not pushed prematurely but the setup is getting there.

Check Lasaco all the same. Do your DD

Regency Alliance?

onegentleguy:
As @ Q1 2020, we mentioned on several occasions here that the insurance sector will be the next best place to be considering the positive impact recent policy shifts can have on it(planned recap exercise, CBNs dovish stand and other fiscal measures including the finance act of 2020)

I recall that was when I decided to gradually take position in some select names therein. A worthy move was accumulating 5M units each of AIICO, REGENCY ALLIANCE, MUTUAL BENEFITS and ROYAL EX and near 3.5M of LINKAGE for one chief I manage his portfolio seeing he was really quite liquid then. …with the middle 3 coys purchased @ a p/value of 20k, the 1st(aiico) @ a BEP of 61k and the last(linkage) @ 35k it was clear that capital yield can well come from cash flow accruals given they were broadly dividend paying assets.
With a few like REGENCY ALLIANCE having the best HPR with yield (@ circa 15% at the time) and healthy risk-reward ratio (BS position in view), there just couldn’t have been a better time!!
But more often than not, I was criticized each time I mentioned INSURANCE COYS. I remember how I had to leave a what’s-up forum following a rain of insult for daring to recommend 3 coys back then. I was called a chief MH for drawing folks attention to MUTUAL BENEFITS and LASACO after noticing that both coys had just witnessed a turning point(BS and CGP in view) and UNIONDAC for highlighting it as a possible rewarding buy-out candidate(EPA in view).
Most annoying was how the forum moderator (a member here) who was the one that 1st contacted me to join the said platform as an analyst/moderator also joined in the destructive criticism. Funny enough, none of those who criticized me could present proof to counter the analysis I had put up, so I had to leave. Time has since exonerated me!!

This is also part of the problems we face here. …it’s what some worthy members like mcy56, @rabbi, @megawealth and a few others face, and the reason I sometimes prefer to withhold certain sensitive information.
A case in point is JAPAULGOLD. After the coys much debated FP which saw a huddle with ACCESS BANK (then japauloil), I was asked for my opinion on the matter, to which I replied; No comment!!
In truth, I never covered the coy or had it on my watch list. ...but all that changed when a few lines in their report made me have a rethink and after an in-depth review, I reached out to several close pals and some members here(@bumba1234, @billtommy, @ekpotek, @charlesniper, @tradeinvestgal to mention a few) and told them to ACCUMULATE the coy after explaining the reason it was bound to appreciate in price. Most folks I know bought @ 20-23k. As I explained to them then, JAPAUL might not be healthy but 2 things stood out:

1) When u relate the coys current BS position to its SoI and benchmark it against its CF and CGPR potential, REWARD had overtaking RISK and was making a mockery of it.
2) There were some fine lines in between the then released poor financial print that highlights the need to raise funds(EFIR and CBR in view) and signals a strong possibility for a price rise to achieve that aim.

This was even before the name change was announced. I decided against putting it up here knowing what might well be the repercussion but still gave a hint back then. See one such post above with a hint(part in bold… a revert to @oracle)
Earlier today, I read from the sideline and observed some sharp criticisms targeted @mcy56, @megainvest and a few others and I just knew it could’ve been me!! …God, I would’ve been disappointed if after taking out time to put up a comprehensive analysis of JAPAUL here for gratis I got destructively criticized.
I am not highlighting these lines to prove any point or see myself as some sought of semi-god, but to underscore the fact that this forum, this platform CAN BE BETTER!!
We can all make it better and individually grow with it. Yes we can... if we can all stop it with the mockery, ridicule and toxic criticisms and start up building each other... particularly those who go out of their way to encourage, help and sometimes offer healthy and meaningful advice to others including the new ones in our midst without any form of pay/reward. Folks like @Oracle, @bigjay @mcy56, @currentprice, @Obagadafi, @rebakah, @Drawo, @fxuser and many others here deserve no less than a pat in the back and appreciated for all they do.

Understandably, a mix of emotion can take their toil on one and make them have extreme reservation towards certain select asset… perhaps because of their not-so-good experience playing such coys. But its NOT enough reason to hate it or find disgusting the mere mention of it. U can lose money in a coy today, and gain double ur invested capital in the very same coy tomorrow. Ur astuteness, doggedness and willingness to want to learn from the experience and lessons of that failed TRADE/INVESTMENT SETUP is what makes all the difference!!
We all wish to learn. It is often said that the day u stop learning, u stop living!! I personally love to learn. Engage and criticize me constructively and I will love u for it. …am sure the same can be said of many others here.

Some of us don’t like it when we see these bouts of negative comments.(even if it’s not directed at me, I hate it) Yes there might be some folks who give advice having ulterior/selfish motives, but u can tell that there are others who don’t tour that line. Some folks here mean well!!

Personally, I will NEVER put out any write-up with an intent to deceive. …it had, has and will never align with the basic principle that defines my person. For us, we respect and appreciate why the word INTEGRITY came before the duo of MONEY and SUCCESS in the dictionary. Before ever I advice or put up any post here or anywhere else, I must have put it through a thorough scrutiny drawing from several tested analytical models.
My last recommendation here (GSK) followed a proof-test of no fewer than 7 models, 4 of which I personally developed. …the highlight of the coys –EV was just one of the other known 3. As I stated here then; GSK would still be undervalued even @ N15!! (keep a close watch on that coy and do well to align if u are yet to do so)

While there is no such thing as ABSOLUTE CERTAINTY in the investment world, the INTENT 1st, and from there ur zeal/drive and investing strategy is what really matters !!

Now back to the talk on INSURANCE coys...
Let me quickly reiterate what I said here in times past; That sector is worth a % of ur investment capital. That said, a lot should depend on how well u do ur homework. It will require a case by case study of the coys in that index to ascertain the likely big winners in line with the recent recap policy by the regulatory body(Naicom)

A quick guide;
I covered about 20 quoted insurance coys on the NSE: 1- CUSTODIAN, 2- AIICO, 3- MANSURD INS 4- MUTUAL BENEFITS, 5- PRESTIGE, 6- NEM, 7- LASACO, 8- CORNERSTONE, 9- SOVEREIGN TRUST, 10- WAPIC, 11- ROYAL EXCHANGE, 12- VERITAS KAPITAL, 13- REGENCY ALLIANCE, 14- AFRICAN ALLIANCE, 15- NIGER INS, 16- SUNU INS, 17-CHI, 18- LINKAGE, 19- GUINEA INS and 20- UNIVERSAL INS to see how VALUE can be taped.

Of the 20, Nos 4, 2, 7, 9, 10 11, 12(yes I said 12) 13, 17 and 18, carries a greater weight of value drive/prospect given their MoS peg relative to CMP(risk-reward margin in view).

In view of the planned sector recapitalization exercise which will be 2-phased- 50% and 60% of the newly stipulated minimum paid-up capital for insurers and re-insurers respectively by 31st Dec 2020(expect a lot of activities from now till the release of FY2020 FPs to capture the 1st phase) and 100%/full compliance on or before 31st Sep 2021, I see 11 of them; Nos, 1,2, 3, 4, 5, 6, 7,10, 12, 17 and 18 meeting both deadlines and remaining as standalone entities with a 65% probability of acquiring the other 9. …by implication, the other 9 might pass the 1st deadline but could end up been acquired by these 11 and/or other external forces(either from within their in-house core investors or new entrants) or end up merging amongst themselves to form a bigger entity on or before the 2nd/last deadline of Sep 31st 2021.

And Yes there are a few lines to draw these inferences by relating their individual CF stand and SoI to the BS position in their financial prints and bench-marking same against the guideline of the proposed recap exercise.
However, nothing is cast in stone!! …so it’s imperative to remain vigilant and not throw caution to the gallery.

On a side note, those with holdings in No 3 should do well to thread with caution. …especially if u aligned post the bonus issuance but waiting to partake of the planned split exercise. (i.e. If u missed out on the QD of the 1st and is yet to liquidate any % holding). If u fail to extrapolate ur figures well, u might incur a loss post the split. It might be best to gradually follow through with a structured exit plan in time.
Remember that the split will likely create an exponential EM effect (4x price mark up in view)
Like I always tell folks, the increased price peg that follows a split is 88% of the time an overblown reflection of a coys valuation… so there’s often a near 1 prob. that price will fall to mirror the true value of the asset relative to earnings and the perception of market participants thereafter.
The fall though, will depend on the assets proposed factor of X. …that of MANSURED requires a careful breakdown of ur trade/investment setup to avoid a loss.
Note that this is not to say that MANSURED is an unworthy play, but to accentuate the need for carefulness.
If I can elk out the time, I will do an article drawing from an extensive analysis/review of the insurance 20 to further help us with the quest to seek REWARD.

Disclaimer: The part in italics should only be viewed subjectively. …it is NO license to any sought of recommendation. Due diligence still applies as always.
My advice? Pls follow ur instinct.

Selah

This forum made abandon my last moniker as una abuse the guy tire but with MEGAWEALTH I developed a very thick skin...

I no send any small boy that will claim to be newbie just to attack me...

God bless you onegentleguy

...

Heard Dangote foods are at SEC

sonofElElyon:
Regency Alliance?

Got into Regency a long time ago. It hasn't gotten to wave 3 though

megawealth01:
This forum made abandon my last moniker as una abuse the guy tire but with MEGAWEALTH I developed a very thick skin...
I no send any small boy that will claim to be newbie just to attack me...

God bless you onegentleguy

.....and you quoted that long post to say just this?

yMcy56:
.....and you quoted that long post to say just this?

KayOn1:
Got into Regency a long time ago.

Looking to enter when i have more funds.. think i need to take a break at this juncture.. I've bought enough for now... you think regency will retrace later a bit ?
Modified: yup... retracing... guess I'll have a chance to still jump in later

yMcy56:
.....and you quoted that long post to say just this?

Someone quoted it and it drew my attention to the childishness some adults display here

KayOn1:
Waiting to see it get to wave 3 before I tell you so it gets there organically and not pushed prematurely but the setup is getting there.

Check Lasaco all the same. Do your DD

You mean regency?

megawealth01:
This forum made abandon my last moniker as una abuse the guy tire but with MEGAWEALTH I developed a very thick skin...

I no send any small boy that will claim to be newbie just to attack me...

God bless you onegentleguy

Na you dey listen to people. Just do your thing once your conscience is clear.

megawealth01:
You mean regency?

I am in both & they are still both on 2. Nobody will tell you when it gets there.

For those interested in Insurance stocks, here are the top 20 (listed on the Exchange) according to Atlas Magazine (April 2023)

KayOn1:
I am in both

Is regency the stock you are talking about? Don't worry about DD I know how to set my target if I want to gamble...

Although I don't do insurance but I can take risk there just as I did with one like that laye last year and made something really cool

megawealth01:
Is regency the stock you are talking about? Don't worry about DD I know how to set my target if I want to gamble...

Although I don't do insurance but I can take risk there just as I did with one like that laye last year and made something really cool

Currently I am tilted more towards Lasaco. Do your DD and if Insurance is not your thing, jump am pass.

NOT A RECOMMENDATION!!!!

KarlTom:
For those interested in Insurance stocks, here are the top 20 (listed on the Exchange) according to Atlas Magazine (April 2023)

Dont think this is based on eps ... vis a vis share prices

yMcy56:
It's Oga RabbiDoracle !!
I'm even searching for the bank projection post.....I'd thought I shared it o.

He projected 15+ for Transcorp and it seems it's fast approaching.....

Oga Rabbi pls come back. You're being justified.
Don't look at negative posts
It's you and other Ogas that taught us how to develop thick skin against insults and stones.

U are right ..Even the oracle of omaha did not get it all . ( Tesco etc )
oga mi R -onifa you re welcome back

KayOn1:
Currently I am tilted more towards Lasaco. Do your DD and if Insurance is not your thing, jump am pass.

NOT A RECOMMENDATION!!!!

I understand the game... Leave game for gamers

KarlTom:
For those interested in Insurance stocks, here are the top 20 (listed on the Exchange) according to Atlas Magazine (April 2023)

So Universal Insurance is above Regency? Make I hold this stock for longer

megawealth01:
I understand the game... Leave game for gamers

Okay. Just do your thing. Time will tell.

lancee:
U are right ..Even the oracle of omaha did not get it all .
oga mi R -onifa you re welcome back

Biko make una leave Oga Onifa the Hammerer alone make him chop life well for Arabian cities. You want him to cut short his vacation to plenty Arabian Islands where very soft and succulent ladies dey attend to him 24/7 then come back here to receive stones and insults from unknown armchair market analyst?

Oga Oracle abeg continue to chop life wella both on and under Turkish seas and oceans.
I dobale

lancee:
U are right ..Even the oracle of omaha did not get it all . ( Tesco etc )
oga mi R -onifa you re welcome back

I said I wan reply those posting but got carried away with the bull.

The question is: Is investing knowledge all about predictions?
All those talking about predictions not coming to fulfilment, did he not predict what's happening now since 2022?
When you hear encyclopedia of stock investing and investment generally, both locally and internationally, make una look no further oo.

I'm not even worthy to describe oga Oracle self.
We dont know what we've missed here due to his exiting......

At some times when this place was almost becoming deserted, he stood and was always available dishing quality investment advice and info..........
Many of us have learnt one thing or the other from him and he's always ready to help.......I've even had cause to refer people to his page, that of Oga WanajO and few other Ogas here, so they can learn about investing.

Make I stop there......profile plenty.

IYGEAL:
So Universal Insurance is above Regency? Make I hold this stock for longer

.
No basis for that in my humble opinion.... eps vis a vis price is my consideration

You hinted me and i followed. Im only feelingi shouldhave got more.

yMcy56:
Replied.
So you didn't buy Transcorp when it was mentioned that time?

I've been accumulating three stocks since morning... One of them was dropped by loco last year November, we even use am play with each other.. The other one is my personal make up and the last one is a bank stock that has a religion tied to it...

If you know you know

These are my first buys of 2024... ALUBARIKA in JESUS name (AMEN)

9free:
Biko make una leave Oga Onifa the Hammerer alone make him chop life well for Arabian cities. You want him to cut short his vacation to plenty Arabian Islands where very soft and succulent ladies dey attend to him 24/7 then come back here to receive stones and insults from unknown armchair market analyst?

Oga Oracle abeg continue to chop life wella both on and under Turkish seas and oceans.
I dobale

one and only ONIFA of TURKAIIII

megawealth01:
I've been accumulating three stocks since morning... One of them was dropped by loco last year November, we even use am play with each other.. The other one is my personal make up and the last one is a bank stock that has a religion tied to it...

If you know you know

These are my first buys of 2024... ALUBARIKA in JESUS name (AMEN)

So which is your own make up so we go follow you reason am too.