₦airaland Forum

Ding

PRESCO @880

KarlTom:
PRESCO @880

😘

perfectgen:
Please, if I bought rights issues of Stanbic IBTC in February, am I entitled to the dividends just distributed?
Equally, it was stipulated that the rights issue will be credited within 15 working days after the close date. I am yet to see the right issue in my Stanbic IBTC account; is there anything that I need to do?.

I don't think you'll be qualified.
Also, check your CSCS statement to confirm if it's there.
If you see it in your CSCS statement, you can forward it to your broker to add it to your trading portfolio.

KarlTom:
PRESCO @880

Aluta continues

KarlTom:
PRESCO @880

The good thing about buying presco at this point is the fact that you still get to enjoy 2024 dividend of N42.
The q1 result is another big plus.

Vitória é certa! ✊🏾

iyb:
Aluta continues

Transpower finally down by 10%

Time to load up at sub 300

Ginalex:
Transpower finally down by 10%

Mpeace:
The good thing about buying presco at this point is the fact that you still get to enjoy 2024 dividend of N42.
The q1 result is another big plus.

Do i smell marketing here.

For NAHCO faithfuls....

https://www.thisdaylive.com/index.php/2025/05/09/nahco-signs-five-new-contracts-with-airlines-for-handling-services/?amp

KarlTom:
If it's good for 200, how is it expensive at 145?

Lol.
I have to settle for nahco and lafarge.
There is always opportunities in the market.
If you miss bus from Lagos to Calabar, enter the one going to uyo.

jonnysessy:
Do i smell marketing here.

You go dey smell marketing until the stock clock 2k then you go say...

KarlTom:
If it's good for 200, how is it expensive at 145?

That is what I think it is worth as at the time of my valuation.
If you think a keg of palm oil worths 50k if you take it to market in Lagos, why do you want to buy it at the same 50k from the village?
I preferred to have entered 100-110 leaving a good margin of safety.
At 145-165? The margin of safety becomes risky. My valuation may be wrong and I want a good breathing space for it

Okay I get you.
Your reference to 'expensive' is more about the margin than the SP...

emmaodet:
That is what I think it is worth as at the time of my valuation.
If you think a keg of palm oil worths 50k if you take it to market in Lagos, why do you want to buy it at the same 50k from the village?
I preferred to have entered 100-110 leaving a good margin of safety.
At 145-165? The margin of safety becomes risky. My valuation may be wrong and I want a good breathing space for it

yMcy56:
For NAHCO faithfuls....

https://www.thisdaylive.com/index.php/2025/05/09/nahco-signs-five-new-contracts-with-airlines-for-handling-services/?amp

Abi I should join this train?🤔

starpower:
. Stock market is a weighing machine. With time everything settle at it real value. Company earnings jumping to N14 this quarter, previous quarter N10, just like Nestlé Operating profit to revenue. That massive pricing power. Earnings are very vital in stock revaluation. This might be N400 in 2 years once rates are down.

My concern with stocks like betaglass and vitafoam is the business itself.
Vitafoam is not your everyday consumption. You buy it once and for the next 10 years, you may not need another one coupled with the fact that there are many competitors I. The market.
So the earnings may not be consistent.
For Betaglass, the long term sustainability is shaky because government is forcing companies to be switching away from bottles.
I am even surprised that they made grate sales in Q1/25.
Not only did they sell a lot of what they produced, their inventory went down alot which is impressive.
Wondered what happened between January and March to warrant that since it is not festive period when people drink a lot.
But what is obvious is their operating leverage.
Since management and companies have little to none control over cost of goods affecting gross margins, the bulk of reducing operating expenses lies on good management of a company which they have proved.
That is a good management there

Mpeace:
The good thing about buying presco at this point is the fact that you still get to enjoy 2024 dividend of N42.
The q1 result is another big plus.

When is the qualification date?

4th July

nosa2:
When is the qualification date?

move to Morgans capital. bamboo is a scam. they rip you off by inflating your average cost, imagine telling me that my old stocks, that i have bought and sold, deal done, will still affect my average cost if decide to buy same stock. my stocks were going no where only for me to review and see they inflated my average cost hence you cant make profit. do your maths on the app,calculate your average cost and compare it with what your dashboard on bamboo is showing you, you will be shocked. since i moved to Morgans capital iv not had any issues. Its a shame because bamboo has one of the best apps user interphase

Maxxim:
Please can you suggest a better trading app, I have funds in Bamboo but I just felt off while reading these comments. I'm just a starter.

KarlTom:

They should come down to my bargain entry joor... That is when I will look their side

You no even dey consider madam Ginalex...

megawealth01:
They should come down to my bargain entry joor... That is when I will look their side

KarlTom:
You no even dey consider madam Ginalex...

As in ehn oga mega no even pity me

Pennystockwarri:
Below is my video on Okomu and Presco Audited Fy 24 numbers.


https://www.youtube.com/watch?v=XqLYEjX75Qs?si=70hLpd8y4C3OgLuI

Attache in the pic is my estimate for FY 2025

If they generate the est. FY eps of 190/91, there is no way their P/E will remain 5/4.
That will be grave robbery in daylight.
Looking at historical P/E, industry P/e and overall market average P/e, I will give them a 10

emmaodet:
My concern with stocks like betaglass and vitafoam is the business itself.
Vitafoam is not your everyday consumption. You buy it once and for the next 10 years, you may not need another one coupled with the fact that there are many competitors I. The market.
So the earnings may not be consistent.
For Betaglass, the long term sustainability is shaky because government is forcing companies to be switching away from bottles.
I am even surprised that they made grate sales in Q1/25.
Not only did they sell a lot of what they produced, their inventory went down alot which is impressive.
Wondered what happened between January and March to warrant that since it is not festive period when people drink a lot.
But what is obvious is their operating leverage.
Since management and companies have little to none control over cost of goods affecting gross margins, the bulk of reducing operating expenses lies on good management of a company which they have proved.
That is a good management there

for BetaGlass, i think the word glass should not confuse their product offerings. whatever medium drinks are offered, they are there to produce the corks. They also produce glass and plastic containers for softdrinks, spirits and food jars. Containers used in pharmaceutical, cosmetics companies, food and beverage companies are also produced by them.

Ginalex:
As in ehn oga mega no even pity me

I thought you exited long ago

ABCTRANS some will never forgive themselves.
What is in their mind now is so Loco was right
Such is life

Loco is like John the Baptist In the wilderness shouting prepare ye the way of ABC,champion and Cileasing.........

Watch these 3 stocks actualizing our dreams.

Ginalex:
Be like say the 25%/75% equity/money market strategy wey I decide to do for December Kon be good decision laslas... Anyway, still waiting for an opportunity to reenter banking stocks .. me, Transpower and Japaul don turn long-term besties by force

Megawealth1 I still dey there o

On the SUGAR - RICE - NASCON merger talks

“The merger between SUGAR and RICE and NASCON is currently on hold. More importantly because a few things need to be done by SUGAR and also RICE. So, we are waiting for when we think is the right moment to consummate the merger… but discussions are still on and when… and as we progress, we will definitely inform the shareholders and the public”

Mr Olakunle ALAKE
Chairman, NASCON Board of Directors at AGM 2024, May 8, 2025


https://www.youtube.com/watch?v=Iyz_UYA9xwE

emmaodet:
My concern with stocks like betaglass and vitafoam is the business itself.
Vitafoam is not your everyday consumption. You buy it once and for the next 10 years, you may not need another one coupled with the fact that there are many competitors I. The market.
So the earnings may not be consistent.
For Betaglass, the long term sustainability is shaky because government is forcing companies to be switching away from bottles.
I am even surprised that they made grate sales in Q1/25.
Not only did they sell a lot of what they produced, their inventory went down alot which is impressive.
Wondered what happened between January and March to warrant that since it is not festive period when people drink a lot.
But what is obvious is their operating leverage.
Since management and companies have little to none control over cost of goods affecting gross margins, the bulk of reducing operating expenses lies on good management of a company which they have proved.
That is a good management there

Below is a search summary of what BETA glass currently does.
"BETA Glass primarily focuses on glass packaging solutions for industries like beverages, cosmetics, and pharmaceuticals. While they are a major supplier of glass products in Nigeria, there is no clear indication that they manufacture glass specifically for Nigerian car assemblers."

If they can expand to supply glass to one of the Car assemblers in Nigeria (i.e. if they are not already doing so to 1 or 2 assemblers) then they should have bigger and expanding sales if the FG continues of the path of increased local content for cars in Nigeria. Vitafoam can even benefit from this too sef.

KarlTom:
On the SUGAR - RICE - NASCON merger talks

“The merger between SUGAR and RICE and NASCON is currently on hold. More importantly because a few things need to be done by SUGAR and also RICE. So, we are waiting for when we think is the right moment to consummate the merger… but discussions are still on and when… and as we progress, we will definitely inform the shareholders and the public”

Mr Olakunle ALAKE
Chairman, NASCON Board of Directors at AGM 2024, May 8, 2025

Lol
Political statement