₦airaland Forum

ositadima1:
Oga watin u dey see for DS, the result go dey good? Shebi backward integration dey?

I expect an improvement in the loss

emmanuelewumi:
I have not been following it for the past 4 months, I will try to read up on the company.

So convenient, lol

Sunrisepebble:
I’ve recommended to people to consistently read Cardinal Stones reports. They also mentioned it in their report on them with a fair value of #55

The fair value was based on Q2 result, now that Q3 result it out I think they will review the fair value

Streetinvestor2:
I expect an improvement in the loss

So, loss fit dey? Chai, Mr. Ellaija Lake no dey alone nah be that. Lol

megawealth01:
Badt guy. Make Pastor no catch you ooooo

He has given up on me

Streetinvestor2:
Ashawo man..lol

Street PRESCO never pay you N15 interim? Make you share the 5 on top come this side

emmanuelewumi:
They have always paid interim dividend


Both of them export, that is why they both beat inflation and currency devaluation.

They both have over 100% increase in EPS between 2023 and 2024.

I have both but Presco has greater room for growth.

Presco made EPS of N38 in H1 while Okomu made EPS of N20 in H1.

Okomu just made a 9 month EPS of N29, I expect Presco to make a 9 month EPS of about N50

Presco exceeded my 9 month EPS forecast, made N52.77 instead of the N50.00 that was forecasted

oops, lol

ositadima1:
So, loss fit dey? Chai, Mr. Ellaija Lake no dey alone nah be that. Lol

Lol I was not expecting ellah to turn positive. I was expecting it to reduce loss.why is admin cost swallowing every thing for personal cost I understand in Agric business

Agbalowomeri:
Street PRESCO never pay you N15 interim? Make you share the 5 on top come this side

They are reinvesting oh so e fit no happen again. Then I bought at 345.i will hold body with appreciation.

It looks you be traditional man or yahoo men way like plenty women

Streetinvestor2:
They are reinvesting oh so e fit no happen again. Then I bought at 345.i will hold body with appreciation.

It looks you be traditional man or yahoo men way like plenty women

Live long with plenty babes around you

My long term concern is they dont invest in capacity expansion, is that a worry to you?

emmanuelewumi:
The fair value was based on Q2 result, now that Q3 result it out I think they will review the fair value

Ding !!!

You know good management by keeping or exceeding their promises.

They under promise and over deliver

That was Presco forecast for Q3 2024,

emmanuelewumi:
You know good management by keeping or exceeding their promises.

They under promise and over deliver

That was Presco forecast for Q3 2024,

Presco is a #1000 stock, I leave DS run enter Presco when DS began to do any how, wish I entered sooner at 200.

emmanuelewumi:
You know good management by keeping or exceeding their promises.

They under promise and over deliver

That was Presco forecast for Q3 2024,

Their current chairman is a great achiever. He achieved a lot by making sniper a household name

Unlike some that will over promise but will not deliver, they will continue to shift the goal post.


Well Sha 1st of November is Friday, we will see the long awaited result that was promised

emmanuelewumi:
Unlike some that will over promise but will not deliver, they will continue to shift the goal post.


Well Sha 1st of November is Friday, we will see the long awaited result that was promised

VAWULENCE is that you? My hand no dey oooooo

When management is having issues with auditors on a regular basis, there is a high probability that all is not well with the company

emmanuelewumi:
When management is having issues with auditors on a regular basis, there is a high probability that all is not well with the company

Bitter Truth

ositadima1:
Presco is a #1000 stock, I leave DS run enter Presco when DS began to do any how, wish I entered sooner at 200.

If presco is a N1,000 then Ellah should manage to reach N100. I will manage that price

Modified: long term

Streetinvestor2:
Lol I was not expecting ellah to turn positive. I was expecting it to reduce loss.why is admin cost swallowing every thing for personal cost I understand in Agric business

Be like they are not having any revenue yet or na me no see well

ositadima1:
Presco is a #1000 stock, I leave DS run enter Presco when DS began to do any how, wish I entered sooner at 200.

I used Warren Buffett method, I used a normalized EPS of N35 based on the average 5 years return on equity, I then used a 50% earning growth for the next 5 years and 25% for year 6 to 10. Used a PE of 12.

Got a Present Value of roughly N1000 when it was discounted by 20% for 10 years

It's like market is not seeing Cileasing stock.
Make I go check that result again

Locotrader:
It's like market is not seeing Cileasing stock.
Make I go check that result again

Market don see am o! It's up by over 9%

SonofElElyonRet:
If presco is a N1,000 then Ellah should manage to reach N100. I will manage that price

Modified: long term

I like ur faith

Panadee:
Market don see am o! It's up by over 9%

It is a full bid stock.
Offer still dey.
Anyway this is morning sha

I'm not surprised by a man that act like a double mouth surd who once said jaiz bank was a glorified microfinance bank and change his mouth when the reality is about to be done on him that all his praised bank will be bloated above the numbers he once criticized.
I wondered what your investing values are, suddenly you are ok with the potential bloated figures of your praised bank just because you are in the train..

As per ellahlakes old results, when you talk negative talk positives too, you will not die being objective.

Many people in that train knows the reasons they are their so no panic....

We are praying for it to come less than 3 to load up...

The money in the balance sheet is enough to go round if the company liquidated today, so why the panic if you know what you are doing...

megawealth01:
VAWULENCE is that you? My hand no dey oooooo

It’s due to pains of time past. Pray no new pains ahead.

emmanuelewumi:
Street was right

Is it fundamentals that moved Japaul from the previous 23k in less than 2 years ago to the current price of 230k (over 800% capital appreciation)? Japaul's stock price has been moving all this while based on sentiments. Let us get it right and set the record straight, it is NOT only fundamentals that moves the price of stocks in NGX. For example, if Japaul's journey into gold mine sees the light of the day, don't be suprised to see the price in the N4 region (even before they announce any financial result)

Again, is it fundamentals that moved Oando from N10 to N85 (over 600%) within 3 months, but sentiments and hope of a better future for the company based on the current information at our disposal. Again, Is it only stocks with fundamentals that Warren Buffet bought that gave him the fortunes he has now.? I know that you are an investor that thrives with fundamentals, but someone like me and others here combines all the factors together to play the market and I am indeed proud of my achievement and give Glory to God, I am a trader and an investor at the same time, I simply applied different method suitable for every stock I buy.

To borrow the words of @bullbearmarket, everyone here should simply put on the table what he/she has to offer that has been rewarding him/her and let whoever DESIRES, act or discard it, after all, nobody is being paid here to suggest the stocks to buy, but we are all saying our mind based on the fact that we all want everyone to make it big in the stock market.

Good luck to each and everyone.

BabsO2:
It’s due to pains of time past. Pray no new pains ahead.

Will a leopard change his skin?

crownprince2017:
I'm not surprised by a man that act like a double mouth surd who once said jaiz bank was a glorified microfinance bank and change his mouth when the reality is about to be done on him that all his praised bank will be bloated above the numbers he once criticized.
I wondered what your investing values are, suddenly you are ok with the potential bloated figures of your praised bank just because you are in the train..

As per ellahlakes old results, when you talk negative talk positives too, you will not die being objective.

Many people in that train knows the reasons they are their so no panic....

We are praying for it to come less than 3 to load up...

The money in the balance sheet is enough to go round if the company liquidated today, so why the panic if you know what you are doing...

Time always has a way of revealing people that's why I maintain my steeze always

I haven't been seeing your comments here as before, how are you?