₦airaland Forum

That would be a surprise. Before the reconstruction, quater dividend was N0.15, same thing with AFRIPRUD. Tony's companies seem to fancy capital appreciation over dividend. Q3 for UBA was the only exception and there was an obvious reason for that.

Sunrisepebble:
I think they can pay out close to N2

Neimeth and VeritasKap on Full Offer

LASACO, TIP, and PRESTIGE on Full Bid.

Health3:
After I offloaded? Na wa o. My consolation was that I exited with approx 60% profit.

I know that feeling but as you've rightly said you sold in good profit. My 2.98 sell offer yesterday did not go through, now am glad it didn't, will see how far this can go

Which was a 20% payout ratio. If they maintain the same on the FY EPS with the share reconstruction taken into account this year. It could be between N1-2

GeeKudi:
That would be a surprise. Before the reconstruction, quater dividend was N0.15, same thing with AFRIPRUD. Tony's companies seem to fancy capital appreciation over dividend. Q3 for UBA was the only exception and there was an obvious reason for that.

jckgroup1:
What are the rates for FSDH Capital and United Capital,though I have no account with them. I have account with Meristem, Chapel Hill Denham, Morgan and Atlass.
The DM please.

26% and 30%

emmaodet:
I think it is the advert.
They increased their advert expenses to 95m from 2.6m while reducing their selling expenses from 3.18b to 220m. I think it paid-off.

Distribution costs should be tied more to the price of diesel more than anything else. Its possible they started telling wholesalers to come pick up from their factory, but thats just a theory.

Either way it would be good to know if the reason is one off or sustainable.

emmaodet:
NNFM -

They sold 29,534mt of products in 9M/24, 2,590mt lesser than 9M/23 of 32,124mt.
Despite the lesser sales, they made more revenue of 29.6b than prior 9M of 21.8b.
They have been able to raise the selling price in such a way to maximize sales without hurting the revenue, but it reflected in the inventory - a 300% rise in inventory to 16.5b from 5.1b says it.
They sold 7160mt of products in Q3/24 to generate 8.5b revenue. It means inventory at 16.5b, the company can afford to sell their products for 2 quarters or 6 months (Q4/24 and Q1/25) without producing anything - Just send the workers home for 5 months.
Coupled with the fact that semolina or semovita has 6 months average best before or expiry date, it means they already have products that may be due to expire in store, before factoring in getting to wholesalers, retailers and final consumers.
It is either they slow down on production or expand their market share to sell more products.
P/E of 3.8x is low compared to peers and compared to her history, so we may see the share price go to around 100-150 per share all things been equal in a short time.
A note of caution - the OFC negative 1.7b. Checking the CCI, it was impressive. 13 days to sell and convert your inventory to cash but the large inventory is causing it to be negative.

Abeg what is OFC and CCI?

Vitafoam Common Sense target N35-N44

Thank you sire

sterlingD:
ROYAL EXCHANGE

https://doclib.ngxgroup.com/Financial_NewsDocs/43009_ROYAL_EXCHANGE_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

PRESTIGE

https://doclib.ngxgroup.com/Financial_NewsDocs/43008_PRESTIGE_ASSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

BERGER PAINTS


https://doclib.ngxgroup.com/Financial_NewsDocs/43010_BERGER_PAINTS_NIGERIA_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

MAY AND BAKER

https://doclib.ngxgroup.com/Financial_NewsDocs/43012_MAY_AND_BAKER-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

NASCON

Season of, if you do well, you get handshake but if you do bad, you get hot slap. Everybody dey I'm lane. No general bull or bear. Na wa o

Glad you see it also

I think EPS has room for growth. Tax is usually quite heavy in their Q1

aj8:
Vitafoam Common Sense target N35-N44

*ETRANZACT TARGETS N365M PROFIT IN Q1 2025*
eTranzact International Plc, Nigeria’s payment and switching company, has estimated about N365 million in profit after tax for the first quarter of the financial year 2025.
This is according to the firm’s earnings forecast submitted on the Nigerian Exchange Group, where it expects revenue to reach N2.2 billion in the first three months of operations in the current year.
The firm’s finance cost estimated at N4.9 million is expected to reduce profitability.
eTranzact projects a profit before tax of N521.09 million at the end of the period. The company also projected its tax expenses to be at N156 million.
In the equity market, the share price of eTranzact has remained flat at N6.5 in the first two trading sessions of the New Year. This kept its stock market value at N59.8 billion on 9.199 billion shares outstanding.
Costs of sales are projected to settle at N291.5 million during the period. Due to this, gross profit is projected to settle at N1.91 billion in the first three months of operation in the financial year 2025.
The company anticipates operating expenses to be huge, estimated at N1.45 billion which left eTranzact with N466 million as operating income in the same period.
The company expects to boost its bottom line with investment income which is forecasted at N59.5 million.

nosa2:
Abeg what is OFC and CCI?

Sorry.
It is OCF - Operating Cash Flow
CCC - Cash Conversion Cycle

You're right and that would be great.
However, I really hope to see the price pull back a bit so I could bring down my cost price. I rushed in too fast after the reconstruction.

Sunrisepebble:
Which was a 20% payout ratio. If they maintain the same on the FY EPS with the share reconstruction taken into account this year. It could be between N1-2

Ekuu mkt o

ekuu Q4 results

TRANSCORP on the move!!

ojeysky:
Weldone TIP now proceed to the promise land up north

Loco will be happy where he is.. if he still retains shares in same

I wondered what the people nemeth was recommended for are thinking right now.
Loco there is God ooo

crownprince2017:
I wondered what the people nemeth was recommended for are thinking right now.
Loco there is God ooo

It seems the world wan end for me be that. Lol

Neimeth isoro nla

nosa2:
Abeg what is OFC and CCI?

Operating cash flow, the other one should be cash conversion cycle


Operating cash flow should be higher than the profit after tax.

It seems the update from Oando insiders is filtering in and the market is gradually responding positively.

Loco recommended NEIMETH at 2.10 or so. The price rose to over 3.50 which is over 50% in profit. Even right now the price hasn’t dropped below what was recommended. Please let’s not always be quick to condemn people who recommend stocks when the price starts going down as it’ll discourage anyone. Some of us find these recommendations really useful as we don’t understand TA, FA and the rest. Let’s not throw shades abeg. This is not to only you though so you don’t feel attacked

crownprince2017:
I wondered what the people nemeth was recommended for are thinking right now.
Loco there is God ooo

designking:
It seems the update from Oando insiders is filtering in and the market is gradually responding positively.

Lol
Just relax.
Anyhow anyhow, the outcome will be made public soon.

TRANSPOWER
This 8M single offer guy needs to get off the road.....
He's creating a barrier with that offer....

HONYFLOUR
Getting serious attention in market from those not on queue.......
Almost on full bid now....

BETAGLAS on full bid...

NASCON: Getting attention.....

Insurance Sector not left behind.......quite some of them getting attention

Ddll:
Loco recommended NEIMETH at 2.10 or so. The price rose to over 3.50 which is over 50% in profit. Even right now the price hasn’t dropped below what was recommended. Please let’s not always be quick to condemn people who recommend stocks when the price starts going down as it’ll discourage anyone. Some of us find these recommendations really useful as we don’t understand TA, FA and the rest. Let’s not throw shades abeg. This is not to only you though so you don’t feel attacked

Thanks for saying it as it is.

Ddll:
Loco recommended NEIMETH at 2.10 or so. The price rose to over 3.50 which is over 50% in profit. Even right now the price hasn’t dropped below what was recommended. Please let’s not always be quick to condemn people who recommend stocks when the price starts going down as it’ll discourage anyone. Some of us find these recommendations really useful as we don’t understand TA, FA and the rest. Let’s not throw shades abeg. This is not to only you though so you don’t feel attacked

People who live in glass house are quick to throw stones normally

FCMB's result is not bad in my opinion......
If you have it, Hold and don't be in haste to dispose it off yet.....if you rush out, those who will pack it will come..
* Note: in my opinion

crownprince2017:
I wondered what the people nemeth was recommended for are thinking right now.
Loco there is God ooo

Yes It is true Loco recommended and i got in around 2.20 and saw it rise to 3.80. Still got out with good profit, thanks to loco and even still selling today it is not at a loss.

Analysis of Japaul Gold and Ventures Plc’s Latest Financial Report (FY 2024)
1. Profitability: Is the Company Operating at a Profit or Loss?
The financial report for the year ended December 31, 2024, shows that Japaul Gold and Ventures Plc recorded a net profit of ₦1.83 billion. This is a significant improvement from the ₦695.2 million profit recorded in 2023, indicating a strong turnaround.

Key Figures:

Revenue (Turnover): ₦4.12 billion (↑59% YoY from ₦2.60 billion in 2023)
Gross Profit: ₦2.67 billion (↑67% YoY from ₦1.60 billion in 2023)
Operating Profit: ₦1.84 billion (vs. ₦696.7 million in 2023)
Net Profit: ₦1.83 billion (vs. ₦695.2 million in 2023)
Net Assets: ₦18.99 billion (vs. ₦800 million negative net assets in 2023)
This marks a significant turnaround, especially given the previous financial struggles. The company's net assets turned positive, reflecting a much stronger financial position.

2. Implications for Investors
Strong Financial Recovery: The significant improvement in profitability and net assets signals strong business execution and financial restructuring success.
Revenue Growth: The 59% increase in turnover is a positive indicator, showing increased business activity and demand for Japaul’s services.
Reduced Administrative Expenses: A decrease in administrative expenses (₦875 million vs. ₦1.02 billion in 2023) suggests cost control improvements.
Improved Shareholder Value: The company's retained losses reduced from ₦20.37 billion to ₦18.54 billion, showing signs of future profitability sustainability.

3. Stock Price Movement: Will It Appreciate or Depreciate Today?
Short-Term Price Impact: Given the strong profit growth and turnaround, investor sentiment is likely to be positive, which could drive short-term price appreciation.
Long-Term Stock Movement: If the company continues growing revenue and controlling costs, the stock could experience further gains in the long run.
Potential Risks: Despite the strong financial improvement, the company still has borrowings and trade payables of over ₦8.67 billion, which need to be monitored.
4. Conclusion & Investment Outlook
Overall, Japaul Gold and Ventures Plc is now operating at a profit, a significant shift from past losses.
The company’s net profit of ₦1.83 billion in 2024 is a strong indication of financial turnaround.
Shareholders can expect positive market reactions, with potential stock price appreciation in the short term.
Long-term performance will depend on the company's ability to sustain profitability, manage debt, and drive revenue growth.
-ChatGPT

yMcy56:
TRANSPOWER
This 8M single offer guy needs to get off the road.....
He's creating a barrier with that offer....

HONYFLOUR
Getting serious attention in market from those not on queue.......
Almost on full bid now....

BETAGLAS on full bid...

NASCON: Getting attention.....

Insurance Sector not left behind.......quite some of them getting attention

Vita foam also on full bid