₦airaland Forum

IYGEAL:
One of the best decisions that is sometimes hard to do by most traders

currentprice:
despite your wealth of experience in this market, your post do come in form of appreciation and it has been a motivation to come out and do more. Thank you bro

yeah, I remember I posted the livestock @ below 4 . I mentioned the stock along the Mansard and cornerstone all in November 2024.. just decided not to talk much on it, am not the type that like list many stock on here for alert... this look to me as doing probabilities of getting one right. I like to talk about a big fish 1 or 2 stock for the year. But catch fun with those stock that could give 60, 70, 80% during the year such like the livestock stuff

Toluway:
NGXASI down by 1.66%. That is massive!

Raider76:
It's cos DANGCEM lost 10%.

Xidget:
And Julius Berger too, even MTNN dropped a little

HesInMe:
Comparing Chams with Moniepoint is so wild, I'm not even going to bother to say why.

Buy Chams if you want. Maybe if they nab a big government gig, the stock will rally. But please stop calling a pig a unicorn.

Locotrader:
All ICT stocks are going to be repriced.
For CWG,I am seeing a #20 stock.
Etranzact will also rise
Chams and omatek will deliver heavily.
As it happened to the insurance after a long shouting so shall it be to the ICT sector soon.

Xidget:
And Julius Berger too, even MTNN dropped a little

essentialone1:
Fidson on a slow but steady Price growth.

Getting set for a Rally?

Raider76:
Unfortunately, no January rally this year.

Raider76:
Unfortunately, no January rally this year.

bastardson:
E be like sey Loco don sell em CHAMS. This is not looking normal

emmanuelewumi:
Nahco

Revenue growth

2019 N9.9 billion
2020 7.1 billion
2021 N10.2 billion
2022 N16.7 billion
2023 N28.4 billion
2024 N42 billion ( forecast based on N33.9 billion achieved in Q3 2024)



PAT growth

2019 N718 million
2020 N302 million
2021 N771 million
2022 N2.7 billion
2023 N5.5 billion
2024 N12.2 billion ( forecast based on N9.17 billion achieved in Q3 2024)


Shareholders fund growth

2019 N6.6 billion
2020 N6.4 billion
2021 N7 billion
2022 N9 billion
2023 N12.1 billion
2024 N16.3 billion



Return on Equity growth

2019 11%
2020 5%
2021 11%
2022 30%
2023 45%
2024 73% ( forecast based on Q3 2024 accounts)


Net profit margin growth

2019 7%
2020 4%
2021 7.5%
2022 16%
2023 19.5%
2024 29%.

When return on equity is growing and margin is improving, you should be sure of bumper harvest

chidiebere1999:
Happy Sunday, I have done some technical analysis on BETA GLASS and I believe that the stock price can rally to as high as 105. Below is my analysis. Does anyone have any criticisms

Locotrader:
As it stands now,talking about chams will make me to loose my respect as certain elements here hijacked this chams especially now the seller is rubbishing the stock price anyhow.

What I know is I have bought value and ICT ,breweries and pharmaceutical sectors remain grossly undervalued.Insurance and banks have done 50-80% of what they have for the market but ICT ,brew, pharmaceutical has not done 10%.Just watch those sectors and make your money any time from now in 2025.

I will never say any word here again until results begins to come in and until chams Q4 2024 result surfaces.

Currentprice only appear once in a while to highlight on his pointed stocks.Even though his stocks takes time to mature.There are many stocks to make money before his stocks gets ripe for rally.

Loco stock is a N15 naira stock in 2025.You can criticize but you can't deny my value.

Don't worry about me because I am going on guest mode for now.I am very much okay.

I hand over to my critics.Take control.

NettyNelly:
Since my thesis is that the market has yet to recognize the company's recently improved earnings, I chose to value the stock purely from an earnings perspective, based on how much the market has historically paid for such earnings.


Beta Glass reported an improved EPS of ₦2.4, ₦4.78, and ₦6.68 in Q1, Q2, and Q3 2024, respectively. This sums up to a 9-month EPS of ₦13.86. I forecast a full-year (FY) annualized EPS of ₦18.46, which assumes the company will earn an EPS of ₦4.6 in Q4. At the Current ₦ 49 share price, this projection translates to a forward P/E ratio of 2.65, which is remarkably low for a company with a 5-year average P/E of 5.

If we multiply the average P/E of 5 by our forecasted FY EPS of ₦18.46, we arrive at a target price of ₦92, representing an 88% upside from the current price of ₦49 per share.

Alternatively, if we take a more conservative approach and assume the company will earn just ₦2 in Q4, the FY EPS would be ₦15.86. Multiplying the same average P/E of 5 yields a target price of ₦79, representing a 62% upside from the current price of ₦49.

My assumption of ₦2 EPS for Q4 2024 is highly conservative. Post-COVID, the only instance where the company earned less than c.₦2 was in Q3 2022, with an EPS of ₦1.46. Apart from that, the business has consistently earned at least ₦2 per share over the last 16 quarters. I believe my target price would be met as the market reprices to 5x earnings or more on the back of strong full-year results, that it is yet to recognize.



Below is a chart I created to illustrate the market doesn't reflect current earnings.

thesilentone:
Technical analysis for BETAGLASS:

Weeklies:
Resistance 67
Major Resistance: 75.40
Above all relevant MAs
MAs rising
Volume spike in December
Significant changes of board members including new CEO (Catalyst might be earnings results like NAHCO?)

Negatives
Lack of Liquidity is an issue.
Volume increase not commensurate with price increase
Breakout already happened - pullback necessary for best entry
No insider trading

Verdict: Imperative that it closes above 67 for trend confirmation. A pullback after this, a digestion and then a push for 75.40 would be ideal. Volume needs to be significantly improved.

Not on my radar.

emmanuelewumi:
Presco growth from 2019

Revenue growth
2019 N19.7 billion
2020 NN23.9 billion
2021 N47.1 billion
2022 N69.3 billion
2023 N85 billion
2024 N160 billion ( forecast based on N128 billion achieved at Q3 2024)

Profit after tax growth
2019 N3.7 billion
2020 N5.2 billion
2021 N19.8 billion
2022 N12.8 billion
2023 N32.4 billion
2024 N65 billion ( forecast based on N51.7 billion achieved in Q3 2024)

Equity growth
2019 N27.9 billions
2020 N31 billion
2021 N48 billion
2022 N52 billion
2023 N75.4 billion
2024 N85 billion

Return on equity growth
2019 13.3%
2020 16.8%
2021 41%
2022 24.6%
2023 43%
2024 76.5% (Although Meristem securities forecast is 80%)

Net profit margin growth
2019 18.8%
2020 21.7%
2021 42%
2022 18.5%
2023 38%
2024 40.6%

Streetinvestor2:
Good decision. I may likely join you. The place is now full of noise. I will only browse through to get necessary value from few oga post.

emmaodet:
Reason why i had to take the ucee loan to buy more because waiting to get cash to do that in 2/3 months may be kinda late

emmanuelewumi:
Will share my thoughts on why it should not sell for less than N800 by the end of August 2025

emmaodet:
#800 or #80?

emmanuelewumi:
N800 for Presco

N80 for Nahco

Sunrisepebble:
For Presco, they aim to pay for half of the acquisition this year. Will the profits from the Ghana plant start accruing to them or until the transaction is fully completed?

KarlTom:
18.25m units of ARADEL acquired by one person in one day