Nigerian Stock Exchange Market Pick Alerts - Investment (8972) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 10:40pm On May 01, 2025 |
Vitafoam H1 Eps H1 = 501k from (-468k) Q2 eps = 294k from (-607k) PAT H1 = 6.7b from negative PAT previous H1/24 Q2 PAT = 3.88b from (-7.46b) Current Market Price = 52.8 Currentp/e = 5.3 Historical avg p/e = 8 FV = #80 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Layi9: 10:45pm On May 01, 2025 |
Mankind2024:Omoo this is impressive o, I need to learn |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 10:47pm On May 01, 2025 |
BetaGlass Q1/25 eps = #16.66 Est. FY eps = #66 MP = 99.85 5 years median p/s = 5 implied FY price = #330 but to be on a safe side, 30% margin of safety to give #230 |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 10:55pm On May 01, 2025 |
TIP. MP = #4.5 Q1 eps = 350k Est. FY eps = #1.4 Current p/e = 1.43 Q1 2024 p/e = 6.8 FY 24 p/e = 1.6 Highest p/e last 5 years was in 2022 = 10.8 Industry p/e =5 Implied price FY25 = #7 The good thing is the growth tendency. They did 5 projects in Q1 compared to 1 project in Q1/24 They added 3 new clients in Q1 compared to none in Q1/24. So they are growing and there is still room to grow. Rev up 282% to 1.2b GP = 50% NP = 25% Working capital increased 293% to 1.38b eps growth of 376% from 7k from Q1/24. OCF = 964m which give QoE of 3 |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 12:00am On May 02, 2025 |
crownprince2017: ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 12:04am On May 02, 2025 |
PETERiCHY: ![]() Na WA oooo. Wetin Locomotive Locodemus do una for this thread? |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 12:06am On May 02, 2025 |
Streetinvestor2: ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 3:07am On May 02, 2025 |
emmaodet:PETERiCHY and Loco has been like this For a long time ... We are already familliar with their lifestyle ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 3:33am On May 02, 2025 |
yMcy56: ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 4:12am On May 02, 2025 |
emmaodet:What company is this? Also please I suspect your analysis is great but the acconyms make it difficult to understand |
| Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 5:49am On May 02, 2025 |
fashionnisir:I don see my classmate wey me and am follow attend Night Grammar School ooo |
| Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:13am On May 02, 2025 |
jonnysessy:Ok. So you don't know there's sacrificial giving? 🙄 You don't know we can render sacrifices to God in terms of giving to the needy, the less privileged, the widows, orphans as commanded by our Lord Jesus? We can render the calves of our lips as mentioned in Hosea 14:2 Yes. Jesus paid our ultimate sacrifice on Calvary tree, we also in return should be grateful to God for this great mercies we received.......one of the ways is giving...... The sacrifice items Mcy referred to can be Shawarma, food items including chickens and foodstuffs.......make he bring the money for the sacrifice items first, we go help him appease the 'gods' 😁 |
| Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 6:21am On May 02, 2025 |
yMcy56: . yMcy56 you got me on this one. You were not explicit enough the first time so assume some other thing. Well, i just had to ask, as my people say a traveler doesn't get lost when he ask questions. |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 8:17am On May 02, 2025 |
nosa2:The initiates Pls (TIP) - a waste management company sited in PH. Sorry about the acronyms, i believe 80% of the monikers on this group understands these basic terms by now to reduce writing stress. Anyway, let's get down to business - TIP p/e as referenced from the company's report in picture attached below stated that p/e was 6.8 in 2024 but has reduced to 1.6, i believe as at the time they prepared the report . Trailing twelve month (TTM) p/e Current P/E as at yesterday when i did my valuation was 3 - current Market price (MP) of 4.5 divided by estimated full year eps ( Est. FY EPS 2025) = 1.5. Looking at the historical p/e i attached - both annual and quarterly P?S ration fluctuates but the average as been 3 while sector has been 5. So you can always use a forward P?E of 3 or 5 to make your valuation to give a good implied price ( estimated price) GP - Gross profit NP - Net profit OCF - Operating Free Cashflow QoE - Quality of Earnings - You compared operating cashflow generated diveide by net profit to see if the company is manipulating what they claimed to have generated. it is easier to manipulate or pad income statement and claimed to have made profit but what you can manipulate and hard to frame is the actual money in the company's current/corproate account in the bank which is where cashflow report comes in. QoE that is close to 1 or above 1 when you divide OCF by NP shows that what the company claimed to have made in profit is real but lower than 0.5 or negative, you shouldn't take the earnings or profit made serious.
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| Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 9:09am On May 02, 2025 |
![]() emmaodet: |
| Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 9:27am On May 02, 2025 |
At last. Zenith dividend landed. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 9:37am On May 02, 2025 |
PETERiCHY:This Peter is a bad guy. Even the Tigery Loco is tired of him! |
| Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 9:49am On May 02, 2025 |
emmaodet:Commendations for your analysis on financial results. However, the current PE of TIP is around 10.67 and not 1.43 as quoted by the company or 3 as stated in the bolded, taking into account that the market price of TIP is 450k, while the eps is 42k |
| Re: Nigerian Stock Exchange Market Pick Alerts by elpaso007: 9:49am On May 02, 2025 |
Still yet to get mine o. I use Access Bank. Time to mail Veritas? I am getting impatient o jonnysessy: |
| Re: Nigerian Stock Exchange Market Pick Alerts by elpaso007: 9:51am On May 02, 2025 |
An Afriprudential too sef. They are still yet to pay my UBA FY2024. elpaso007: |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On May 02, 2025 |
Ding ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 10:07am On May 02, 2025 |
Consolidated Hallmark didn't declare dividend. Sorry for the misinformation. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:17am On May 02, 2025 |
I am out for dividend hunting in rebalancing my portfolio for cash flow. Pls how much was total dividend for 2024 fy is beta glass paying |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 10:20am On May 02, 2025 |
nosa2:As per the picture attached, sometimes we have to use the best valuation tool to get a stock fair value. The common mistake of using P/E ratios every time by investors is not right. As per TIP company, the company is in the growing stage of business - revenue, gross profit, operating profit and net profit all growing rapidly. You can use a stone to hit a nail but the best tool is hammer. you can use a knife or teeth to cut a wire but the best tool is plier. you can use a knife to unscrew a bolt but the best tool is screw driver. There are many valuation tools to use but i feel more comfortable using these ones and it doesn't mean they don't have there drawbacks or lapses nor are they perfect like any other tool. It only raises your chances of been correct. So the best valuation tools are - price to sales, price to gross profit, price to forward P/E and price to free cashflow ( if positive and constant for some years) because TIP falls between stage 3 and 4 of business cycle - growing and operating stages. Using the P/S for example - TIP has fluctuated between 0.4 to 1.3 from 2019 to 2024. Current TTM P/S as at yesterday is 3.0 which is above historic average of 0.6 for me. But we expect the revenue to grow by atleast 50% in 2025 based on previous performance of 80% per year from 2020 to 2024 and confidence in management to deliver and projected expansion growth. TTM revenue per share is 0.8. If it grows by 50%, Estimated FY revenue per share = share price #4.5 x (1+0.5) = 6.8 So, estimated Annualized FY 25 price = New Revenue x P/S ratio = 6.8 x 0.8 = #5.4 You can do your valuation for other metrics and give them a weighted average to arrive at a reasonable price for TIP
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| Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 10:20am On May 02, 2025 |
Streetinvestor2:N2.95 |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 10:31am On May 02, 2025 |
ndept:I believe you used the Q1/25 to divide the price instead of using a full year eps to divide the price. It is either you use the trialing 12 months eps - Q2/24 + Q3/24 + Q4/24 + Q1/25 divide by 4 or you use forward /estimated eps 4 x Q1/25 being the easiest to use. Your 42k Q1/25 x 4 is 168k for full year but I prefer to be conservative with 1.5 which gives us a p/e of 3 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:31am On May 02, 2025 |
sterlingD:Not for me.That means they can not pay even #10 this yr with the high eps.They are helping shareholders in banking it in retained earnings. I want to bank my own myself going forward..lol.Share appreciation na paper Profit for my kind of investor.I want cash flow going forward |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 10:32am On May 02, 2025 |
Sunrisepebble:Why you come dey laugh me now sunrise pebble stones? |
| Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:33am On May 02, 2025 |
You no believe in the Vitafoam before na emmaodet: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:34am On May 02, 2025 |
If they pay even 10% of EPS this year, it will be N6. It’s not bad. It’s a good stock I just don’t like the liquidity Streetinvestor2: |
| Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:37am On May 02, 2025 |
Most of the revenue/profit growth you folks are celebrating—I've read how Agba is praising the heavy returns in the consumer sector—I have just one question: Have you converted those returns to dollars and compared them with previous years’ returns using the exchange rates of those times? Which one do you think is better? To me, it looks like we're seeing more money that’s worth much less. And before anyone launches an attack saying “we spend in naira,” let me ask: how many made-in-Nigeria items do you actually own, aside from a few consumables? It’s actually quite funny. Someone who used to earn ₦20 million a year before the Tinubu and Buhari administrations could afford a decent car and still live comfortably. Today, that same ₦20 million might only buy a car—if your taste isn’t even that high. So, Brother EmmaOdet, while you’re sharing all this profitability news, please do us a favour: convert the figures to dollars—using the old rate (below ₦700) and the current rate (around ₦1,600)—so we can make a more meaningful comparison. Thank you. ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:41am On May 02, 2025*. Modified: 11:03am On May 02, 2025 |
* NAHCO sighted @80 as at now..... Still moving...... @82...... full bid @82.50! *PRESCO officially up with +N75........ @861 *BETAGLASS resumed on full bid @109.80.. * CADBURY at days high..... 31.90 * CAVERTON on full bid @2.66 |
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