₦airaland Forum

ETERNA inching up gradually

KarlTom:
ETERNA appoints Mr. Olumide Adeosun as CEO exactly a week to their BM.
I hope he can transform them into an integrated energy company...

[quote author=faoogoke post=134031184][/quote]Up 19.18% WTD & MTD, showing consistent buying interest.
YTD Growth: 7.41%
Daily Pullback: currently -1.14%, signaling possible profit-taking.
Will it sustain its rally?

who wan buy rubbish

toyeoye:
Looks like a lot are selling right now

Vitafoam.
I will continue to market this stock. NAHCO that did 660k FY EPS is at N55. Vitafoam is set for at least N7 EPS this year

NFA/DYOR

jideflash:
who wan buy rubbish

You might want to consider o. In the financial services sector,it's right there as a top performer this week.

The new CEO is very solid. Heard a lot of good things about him

KarlTom:
ETERNA inching up gradually

toyeoye:
Looks like a lot are selling right now

And many are buying

it is around -1 at the moment.

Holders may need to hold

faoogoke:
And many are buying

it is around -1 at the moment.

Holders may need to hold

You're right

Streetinvestor2:
As it stands now.I will bet on oando doing 100% this yr than any stock above #500 doing 100%.I say as I see it.I have no attachment to any stock as I have different stock in my portfolio. Wale is doing well in his actions for sometimes now.i will rather bet on #70 than many big companies.
With this redistribution. It is good dividend for the next three yrs as I expect good appreciation. For the negative shareholders fund.The company will overcome it as oil production increases with increased revenue. I doubt they will come for any fund raising. If they should be coming for that.The likes of sugar,mtn etc should equally be coming for that but I don't think is going to happen...
My street sense..
The only worry on oando now is crash in the price of oil besides that nothing dey happen

Hope analysis

pluto09:
You want to do margin trading and you are asking people what stock to buy.
Margin trading is not for everyone o

Exactly

emmaodet:
Lol.
It was not on my list before but i saw a ratio that caught my eyes with the stock.
The Capex/OCF of 20% per year from 2022 to 2024 is awesome. I want 20% or less.
While FCF numbers inform us about the total number of excess cash, the capex to cash flow ratio tells us how efficiently FCF was generated.
What you want as an investor is a capital-light company that requires little money to run and spits out a disproportionately high amount of cash on regular basis.
So using this metric, it takes 20% of capital expenditure in Transpower to consistently generate 80% cashflow for us.
Analyzing stock histroy, there is a connection between low capital expenditure and good share performance.
A company should be financially flexible to handle surprises that arise sooner or later like - Inflation, bad economy, new competition, the need for expansion.
Capex/OCF give investors a quick overview about what matters: How much cash is needed to generate X amount of cash.
The less, the better.
In Transpower, it takes 2b in capital expenditure to generate 8b in FCF as an example

What is the capex/Revenue, is it more than 5%


What percentage of net profit was converted to free cash flow, it should be 80% and above

Sunrisepebble:
Vitafoam.
I will continue to market this stock. NAHCO that did 660k FY EPS is at N55. Vitafoam is set for at least N7 EPS this year

NFA/DYOR

Sector p/e differs

crownprince2017:
Hope analysis

Correction, Street analysis

True. Historical P/E for it has been about 6-7x though

emmaodet:
Sector p/e differs

Sunrisepebble:
The new CEO is very solid. Heard a lot of good things about him

ETERNA just took the #1 spot of top gainers

Sunrisepebble:
Vitafoam.
I will continue to market this stock. NAHCO that did 660k FY EPS is at N55. Vitafoam is set for at least N7 EPS this year

NFA/DYOR

Based on your research what is the average earning growth for the next 5 years

Streetinvestor2:
As it stands now.I will bet on oando doing 100% this yr than any stock above #500 doing 100%.I say as I see it.I have no attachment to any stock as I have different stock in my portfolio. Wale is doing well in his actions for sometimes now.i will rather bet on #70 than many big companies.

With this redistribution. It is good dividend for the next three yrs as I expect good appreciation. For the negative shareholders fund.The company will overcome it as oil production increases with increased revenue. I doubt they will come for any fund raising. If they should be coming for that.The likes of sugar,mtn etc should equally be coming for that but I don't think is going to happen...
My street sense..
The only worry on oando now is crash in the price of oil besides that nothing dey happen

The debt no be here Oo .
Plus Most of the Oil Companies are forced to sell a percentage to local refineries in dollars Naira) by PBAT executive act.
Unless probably their debts are restructured for long term.
I think they will have to come to the market.

These CHI PLC guys are very funny...
This market can be funny at times...
If you have it, just 'Hold'
My amateur advice.

Can remember when this Eterna was being mentioned here......all the way from below 10..
I'm still watching it for the day it will hit my dream analysis price....
Funny enough I don't have any....

CADBURY not doing bad in market today.....
PZ is under watch as well.....it will deliver at its own time too.

** Not any form of advert **

My research did not take that far to be honest. I only forecasted the 4 quarters for this year (before they released Q1). So my view on the stock is over the next 12 months
Because I looked at the numbers on a QonQ basis this was what I forecasted:
Q1- N2.02 (vs N2.21 actual)
Q2- N2.43
Q3. N2.69
Q4-N2.97
Revenue growth QonQ for the last 8 quarters on average was about 11%, so I applied that to my forecast , they ended up beating that and grew revenue by 21% QonQ in Q1

Historical PAT margin QonQ for last 8 quarters was about 9.56%, so I applied it to my forecast for the next 4 quarters, in Q1 they slightly beat it marginally with 10.35%.

With a more conservative forecast of 5% applied to the revenue growth QonQ. Im still arriving at a FY EPS of N9.5. Dividend payout has been about 45-50% for them historically. They could pay between N3-4 for the FY based on that FY EPS

My analysis could be totally wrong but I'm sticking with it

emmanuelewumi:
Based on your research what is the average earning growth for the next 5 years

jideflash:
who wan buy rubbish

Oga Jide compliment Sir.
Ironically, bids are available, even more than offers
Maybe some people are seeing beyond the obvious who knows.

Zenith
UBA
ACCESSCORP
Fidelity

Sunrisepebble:
My research did not take that far to be honest. I only forecasted the 4 quarters for this year (before they released Q1). So my view on the stock is over the next 12 months
Because I looked at the numbers on a QonQ basis this was what I forecasted:
Q1- N2.02 (vs N2.21 actual)
Q2- N2.43
Q3. N2.69
Q4-N2.97
Revenue growth QonQ for the last 8 quarters on average was about 11%, so I applied that to my forecast , they ended up beating that and grew revenue by 21% QonQ in Q1

Historical PAT margin QonQ for last 8 quarters was about 9.56%, so I applied it to my forecast for the next 4 quarters, in Q1 they slightly beat it marginally with 10.35%.

With a more conservative forecast of 5% applied to the revenue growth QonQ. Im still arriving at a FY EPS of N9.5. Dividend payout has been about 45-50% for them historically. They could pay between N3-4 for the FY based on that FY EPS

My analysis could be totally wrong but I'm sticking with it

Thank you, what is the average return on equity in the past and what do you think it will be for 2025

emmanuelewumi:
What is the capex/Revenue, is it more than 5%


What percentage of net profit was converted to free cash flow, it should be 80% and above

Capex to Revenue is 2.8%, improving from 3.4% and 4.8% in 2023 and 2022.

Percentage of net income to FCF = 57.8%. This number is reducing from 66.6% and 98.8% from 2023 and 2022.

5yr average ROE is 38%
From my numbers ROE for 2025 should be between 43-46%

emmanuelewumi:
Thank you, what is the average return on equity in the past and what do you think it will be for 2025

Sunrisepebble:
5yr average ROE is 38%
From my numbers ROE for 2025 should be between 43-46%

Not bad, just that it operates like a cyclical stock.

Used to own the stock, but sold all last year

ARADEL. ±
CONOIL. ±
ETERNA. +9.88%
OandO. +0.43%

I dont disagree. It's a max 12 month play for me. I have an exit junction in mind if it they keep to my forecasts during the period

emmanuelewumi:
Not bad, just that it operates like a cyclical stock.

Used to own the stock, but sold all last year

crownprince2017:
Hope analysis

But not the type you have in elleh lake based on recent quater results. One is crawling out of the hole and the other is digging more of the hole. Which of the hope do you prefer

i know o. Anything can be bought sha, my concern is the intrinsic value, very poor company. Na here TA guys dey use chop.

yMcy56:
Oga Jide compliment Sir.
Ironically, bids are available, even more than offers
Maybe some people are seeing beyond the obvious who knows.

yMcy56:
These CHI PLC guys are very funny...
This market can be funny at times...
If you have it, just 'Hold'
My amateur advice.

Can remember when this Eterna was being mentioned here......all the way from below 10..
I'm still watching it for the day it will hit my dream analysis price....
Funny enough I don't have any....

CADBURY not doing bad in market today.....
PZ is under watch as well.....it will deliver at its own time too.

** Not any form of advert **

I'd also say hold conhall till they declare dividend or perhaps bonus.. make we see how dem wan dodge hefty payout with that aradel heist of theirs
I dey wait

chimex38:
The debt no be here Oo .
Plus Most of the Oil Companies are forced to sell a percentage to local refineries in dollars Naira) by PBAT executive act.
Unless probably their debts are restructured for long term.
I think they will have to come to the market.

The debt is middium to long time.Are they servicing the debt...yes
Is there possibility of default..no
Can they pay back from assets/revenue over time...yes
Is the debt affecting level of profit..yes
Is something still left after cost of finance...yes
This answers are more positive to me in my street sense..
The only fear for me now is oil price should not drop.I am buying my third batch. I don't need validation oh..After all alhaji failed me in sugar.
Q4 2024 was negative. I expect q1 2025 to be positive

Streetinvestor2:
The debt is middium to long time.Are they servicing the debt...yes
Is there possibility of default..no
Can they pay back from assets/revenue over time...yes
Is the debt affecting level of profit..yes
Is something still left after cost of finance...yes
This answers are more positive to me in my street sense..
The only fear for me now is oil price should not drop.I am buying my third batch. I don't need validation oh..After all alhaji failed me in sugar.
Q4 2024 was negative. I expect q1 2025 to be positive

I like your angle to it.
I also hope for the best without much dilution.