₦airaland Forum

megawealth01:
PATIENCE would have helped you since they maintained civil communication. Well goodluck in your next broker try

Nigeria brokers can't really do much without relying on the TECH INDUSTRY which is still involving in NAIJA

designking:
Oando matter tire person... Wale has always acted like a politician. He is far from being a corporate executive.

Anything Oando is complicated and twisted. I have this feeling that this Share Bonus thing will take a strange dimension soon.

Wale plays the market like a gamer.

Pesuzok:
It's been a while since I saw your post. E be like Oando don turn you to investor.

megawealth01:
PATIENCE would have helped you since they maintained civil communication. Well goodluck in your next broker try

Nigeria brokers can't really do much without relying on the TECH INDUSTRY which is still involving in NAIJA

godlyguy:
Insurance trying hard to repeat 2008 troubles. Keep the buy, you will learn in a hard way

THE BIG SMART GUY

designking:
Oando matter tire person... Wale has always acted like a politician. He is far from being a corporate executive.

Anything Oando is complicated and twisted. I have this feeling that this Share Bonus thing will take a strange dimension soon.

Wale plays the market like a gamer.

megawealth01:
CBN secures N1.47 trillion in subs for 364-day Treasury Bills at 22.6% stop rate
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), has revealed a 283.42% oversubscription worth N1.47 trillion for the 364-day Treasury Bills at the auction on January 8, 2025. On January 6, the CBN announced plans to issue Treasury Bills with tenors of 91, 182, and 364 days, set for auction on January 8, 2025

ojeysky:
Will access ever come back to 20 like this, I dey wait o

Youngzedd:
Weti Musa no go see for Nairaland

SpaceX:
UPDATE

Following the current investigation on my financial billion dollar portfolio by the international authority, I have been under house arrest for over one week now, it's been the worst days of my life. I haven't been able to access the internet for days up till now as the phone I'm using belongs to one of the service cooks assigned to the house am living.

Since I joined this prestigious community filled with exceptional mind-blowing world best traders that I have come across through this community, my portfolio have quadruple to a greater heights.

The brilliant minds here are unbelievable, sometimes I feel I'm not adding enough value compare to what I have gained by being an active family member of this loving and caring community. There is an appeal to get my internet connection working again by adding my phone line to an internet plan by a sweet kind-hearted family member. The phone line(MTN) digits are-- zero-eight-one-zero-six-zero-five-one-six-zero-four.

A great philosopher once said "families only becomes successful when they look out for each other at trying times". While been under house arrest, my creativity level have been off the roof, I can't wait to share all ideas that have been following my mind. We all about to change the financial trading world. Thank you!!

The future looks bright......

Youngzedd:
Weti Musa no go see for Nairaland

eziokwunwoko:
Pa Emma, current price, Suprisepebble and emmaodet: Please what are your spreadsheet saying about a Beta Glass Plc.
Abeg I need your wonderful analysis.
I am loyal as you boy

Audacius:
IN-HOUSE DICTIONARY OF ACRONYMS



NSEMPA: Nigeria Stock Exchange Market Pick Alerts – Name of the thread.

BNSTIL: A very old NSEMPA shorthand for "Brothers and Sisters in the Lord".

FA: Fundamental Analysis – Stock analysis done with fundamentals of a stock such as financial statements and other economic indicators.

TA: Technical Analysis – Stock analysis done with using some technical tools and charts.

GA: Gut Analysis – From claims of having “gut feelings” about how a stock will move.

SA: Spiritual or Sentimental Analysis – From sentimental attachment to a stock and claims of spiritual insight into the future of a stock.

FUGAZ: Acronym for First Bank, UBA, GTCO, Accesscorp and Zenith. Conisdered highly capitalizaed banks.

MH: Monkey hunting/ Monkey hunter – An allegation/accusation that a stock is being manipulated either by calls to buy or sell off. The "monkey hunter" then profits by buying more or selling off their holdings when prices move in their favour.
Background: From story of a businessman who goes to a village to buy monkeys. He buys at different intervals at ever higher prices thus creating a market for monkeys along with artificial scarcity. He ends up selling off all the monkeys back to the villagers who hoped there will always be market for monkey sale. He disappears after selling at the highest price and all the villagers had monkeys with no one to sell to, losing all their money in the bid. Author of the real story unknown. It is posted here once in a while.

SMN: stockmarketnewsnigeria [dot] com. A now-defunct website exclusively created for stock discussions like here. Was probably owned by owners of Nairaland.

Cowboys: CEOs of notable companies who are considered to display manipulative business tactics.

Men in Black: An old NSEMPA term for deep pocket investors who can cause stock price movement because of the volume they trade, and who actually do so to cause price movement.

One Afolabi Unit: 2,000 units of any stock.
Background: I can’t recall. Someone should kindly provide the story behind the “Afolabi units” term.

JIJO: Jump in, Jump out. Term used by traders. Means buying a stock and selling at the very shortest term especially as soon as it makes some gains.

Tashere Units: Very few numbers of shares bought or left unsold. Amount depends on the person. Such shares are either bought or left in the portfolio to have a "foot in the door”, e.g. so as not to have to process e-dividend all over again or just to see how the stock will perform.

Loot: A gloating or bragging term for large profit from short term trade. A jackpot from JIJO. (As described by @Zendi)

Bull from Burundi: A way to describe noticeable general rise in the prices of stocks. An apparent play on the words bull and Burundi.

Stockfish: The newest NSEMPA term. (c. 2024) Used to denote a stock that is considered as having lost value so much that it is nearly worthless and a trap for whoever buys it. A play on shares as a financial instrument and fish in the market.

NOTA BENE
- Some of these are standard investment terminologies (FA, TA, FUGAZ), others grew out of constant conversations and banters and created by members here or brought from SMN. I cannot recall who started using what term. All rights reserved to them.
- This compilation is just a contribution to render this thread easier to understand for new readers. It will be reposted maybe monthly or quarterly to aid new readers. Kindly correct, modify, clarify and add.

Thanks.

Also, special thanks to: Zendi, Sunrisepebble.

swiperthefox:
Thank you! I think you are right, but I was frustrated.

SpaceX:
UPDATE

Following the current investigation on my financial billion dollar portfolio by the international authority, I have been under house arrest for over one week now, it's been the worst days of my life. I haven't been able to access the internet for days up till now as the phone I'm using belongs to one of the service cooks assigned to the house am living.

Since I joined this prestigious community filled with exceptional mind-blowing world best traders that I have come across through this community, my portfolio have quadruple to a greater heights.

The brilliant minds here are unbelievable, sometimes I feel I'm not adding enough value compare to what I have gained by being an active family member of this loving and caring community. There is an appeal to get my internet connection working again by adding my phone line to an internet plan by a sweet kind-hearted family member. The phone line(MTN) digits are-- zero-eight-one-zero-six-zero-five-one-six-zero-four.

A great philosopher once said "families only becomes successful when they look out for each other at trying times". While been under house arrest, my creativity level have been off the roof, I can't wait to share all ideas that have been following my mind. We all about to change the financial trading world. Thank you!!

The future looks bright......

essentialone1:
Oando has turned some people from Traders to Investors.

Pesuzok:
It's been a while since I saw your post. E be like Oando don turn you to investor.

zendi:
Your lawyers should demand of the International Authority that you be released to go and be examined for a condition known as Grandiose Delusions or Delusions of Grandeure.

That condition, for example, can make one see himself wrongly as a Top Notch Hedge Funds Manager and Trader with portfolio and networth in the hundreds of billions of dollars.

SpaceX:
UPDATE

Following the current investigation on my financial billion dollar portfolio by the international authority, I have been under house arrest for over one week now, it's been the worst days of my life. I haven't been able to access the internet for days up till now as the phone I'm using belongs to one of the service cooks assigned to the house am living.

Since I joined this prestigious community filled with exceptional mind-blowing world best traders that I have come across through this community, my portfolio have quadruple to a greater heights.

The brilliant minds here are unbelievable, sometimes I feel I'm not adding enough value compare to what I have gained by being an active family member of this loving and caring community. There is an appeal to get my internet connection working again by adding my phone line to an internet plan by a sweet kind-hearted family member. The phone line(MTN) digits are-- zero-eight-one-zero-six-zero-five-one-six-zero-four.

A great philosopher once said "families only becomes successful when they look out for each other at trying times". While been under house arrest, my creativity level have been off the roof, I can't wait to share all ideas that have been following my mind. We all about to change the financial trading world. Thank you!!

The future looks bright......

essentialone1:
An Insider bought more UCAP:

https://doclib.ngxgroup.com/Financial_NewsDocs/176_NOTICE_OF_INSIDER_DEALING-_PURCHASE-_ODOEMENE_FAITH_EUCHARIA_-_06_JANUARY_2025.pdf

An Insider bought more TIP:

https://doclib.ngxgroup.com/Financial_NewsDocs/207_AFOLAYAN_Sharedealing_of_20th_Dec.pdf

swiperthefox:
Thank you! I think you are right, but I was frustrated.

emmaodet:
Beta Glass -
The company is into the production of glass bottles for companies like Smirnoff Ice, Mcdowells, Squadron, Best Whisky, Chelsea, Lord's Gin, Royal Eagle, Schnapps, Orijin Bitters, Veleta wine, Amstel Malt, Guinnenss, Heineken, Guilder, 33, Harp, Trophy Goldberg and many more.
They also pproduce glass bottles crow cover ( bottle covers we use openers for
hey also produce drinks crates e.g crates for cokes etc

Revenue (2020 - 2024E) = 25.6b - 37b - 54.3b - 62.9b - 105b (E)
Revenue YOY (2020 to 2024E) = 44.5% - 46.8% - 15.8% - 67% (E)
Net Profit (2020 - 2024E) = 3.5b - 5.5b - 4.7b - 6.4b - 10.5b (E)
Net Margin (2020 - 2024E) = 13.7% - 14.9% - 8.7% -10.2% - 10% (E)
EPS (2020 - 2024E) = 6.93 - 10.92 -7.81 - 10.74 - 17.5 (E)
Equity ( 2020 - 2024E) = 37.2b - 42.1 - 46.3b - 52b - 60b(E)

She is spending less to make more sales/revenue which reduced from 2.5% in 2023 to 1.4% in 2024
Balance sheet is deteriorating due to Debt rising very much of 31.4b than cash of 12b compared to previous year of cash 26.8b and debt 24.6b
Account receivable increased by 800% from 3b to 27b
Inventory increased by 100% to7.3b
FCF reduced 121% from 9.6b to -2b. Negative FCF of -2b

Dep. Margin improved to 21% from 31.5% but we want 10%
Capex margin improved to 68.6% from 85% but we still prefer 25%

5% of revenue came from exported products while 95% sales is from local base.

Current P/E = 4.1, Forward P/E = 3.7, 5yrs P/E (mean) = 5.4, Current price = #64.9
Calculating for the implied earnings:

TTM earnings per share = Current price ÷ TTM P/E
#64.9 ÷ 4.1 = #15.83 (TTM EPS)
Forward earnings per share = Current price ÷ Forward P/E
#64.9 ÷ 3.7 = #17.54 (Forward EPS)

Using the TTM EPS = #15.83, Forward EPS = #17.54, historical 5-year average P/E of 5.4:
TTM-based price:
Implied Price = TTM EPS × Historical P/E
#15.83 × 5.4 = #85.48

Forward-based price:
Implied Price = Forward EPS × Historical P/E
#17.54 × 5.4 = #94.72

Therefore, based on the company's own historical valuation:

Using TTM earnings, the implied price is #85.48
Using forward earnings, the implied price is #94.72

Since the current price is $64.90, this suggests the stock might be undervalued by:

#20.58 (31.7%) based on TTM earnings
#29.82 (46.0%) based on forward earnings

Sunrisepebble:
18m units of NAHCO transacted so far today. Someone was buying in batches of 500k and 1mn at 44-47.50