₦airaland Forum

Sunrisepebble:
https://doclib.ngxgroup.com/Financial_NewsDocs/44038_CWG_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

I’m late to the party on this one but It looks like a greatly undervalued business.

Valuation Metrics
EPS annualized: N2.35
My Forecasted EPS: N3.10
P/E Ratio: 3.9× vs Historical PE of about 6-7x
EV / EBITDA: 2.5×
EV / FCF: 2.6×
Profitability Metrics
Gross Margin: 23.8%
Net Margin: 9.7%
Return on Equity (ROE): 46.6%
Return on Assets (ROA): 21.3%

Currently trading at ~N9, my analysis is showing that it potentially has 100%+ upside if they maintain Q1 performance.

NFA/ DYOR

What are they selling

Mankind2024:
Registrar Ratings (2025)
Based on my personal experience, here's how I'd rate some registrars:
1. African Prudential - 5/5 stars✔️👑
2. Datamax - 4/5 stars
3. Coronation - 3/5 stars
4. First Registrars - 2/5 stars
5. Veritaz - 1/5 star
6. All others - 0/5 stars
These ratings reflect my satisfaction level with their services.

veritas is still in old school mode.......na matter nor be online.

Sunrisepebble:
Unlike Seplat and Aradel who acquired new assets to diversify their portfolio, Oando’s acquisition increased its stake in existing assets, from 20% ownership to 40% in the NAOC JV. So yes, production increased due to a larger stake but the issues with high OPEX and finance costs in that JV still exist

They don’t need accounting profit to pay back their debt. It’s an issue of cash flow. Debt repayment comes from operational cash flow, especially via their RBLs, which are secured against production, not earnings. They can run their losses on paper and still service debt because the assets are generating enough cash.

NB: I’ve not said one can’t make money from the stock. You very well can. I’m talking about it as a value investment, It is not run with the shareholders in mind.

You just dey speak English. The others bought assets to diversify while oando bought to increase their stake. So aredel and seplet whr not in crude oil business before buying this new assets. Oga they all increased thr crude oil investment with new fronts.
Then cash flow from oando will be used to service the interest on loan.They need profit from the business to pay back the loan which is among the many options available.
The company can not have the target of declaring loss because if they need to raise funds from other options to pay back the debt it will pose negative image be it RI,Po or private placement.

Others can not be making profits in thr new fronts and oando will be expected to be making loss.We know why the first acquisition went bad and stayed so.You don't expect this one too to go such way...haba.Or are you saying the loan is never intended to be paid back.
We wait to see the results soon.I can not accept the notion that a company target is to be declaring loss forever when it is l equally listed beyond nigeria boarders.

Agbalowomeri:
Na Alhaji dey pocket all the forex losses

I thought I am the only one that's not believing that all these CEO's are not part of these persistent losses.

Agbalowomeri:
Na Alhaji dey pocket all the forex losses

I have always had the opinion alhaji is using sugar cost of revenue and forex loss to scam us.This is because they stopped him from claiming more of sugar shares via the merger. How could rice 1 share be 12 equivalent of sugar in that arrangement. Who did the valuation of the so called rice business
When he is done he will free sugar.
All these men na the same train carry them.He is collecting sugar money and using it to sort some bills in the refinery...simple truth.

OK o, time will tell. This acquisition was completed by Q3 and Q4 — yet what exactly showed up in the results? Like I said before, you don’t need to declare accounting profit. Especially in oil and gas, it’s not about what shows on paper, it’s about what’s actually flowing in cash-wise. Companies like Oando focus on recovering their investment and minimizing tax, not impressing anyone with big profit numbers. As long as cash is coming in and they can service debt or reinvest, they’re good.

Look at Seplat’s recent results nothing fantastic profit wise, but their cash flow jumped nearly 15x year-on-year and that’s what’s funding their rising dividends.

Streetinvestor2:
You just dey speak English. The others bought assets to diversify while oando bought to increase their stake. So aredel and seplet whr not in crude oil business before buying this new assets. Oga they all increased thr crude oil investment with new fronts.
Then cash flow from oando will be used to service the interest on loan.They need profit from the business to pay back the loan which is among the many options available.
The company can not have the target of declaring loss because if they need to raise funds from other options to pay back the debt it will pose negative image be it RI,Po or private placement.

Others can not be making profits in thr new fronts and oando will be expected to be making loss.We know why the first acquisition went bad and stayed so.You don't expect this one too to go such way...haba.Or are you saying the loan is never intended to be paid back.
We wait to see the results soon.I can not accept the notion that a company target is to be declaring loss forever when it is l equally isted beyond nigeria boarders.

Sunrisepebble:
OK o, time will tell. This acquisition was completed by Q3 and Q4 — yet what exactly showed up in the results? Like I said before, you don’t need to declare accounting profit. Especially in oil and gas, it’s not about what shows on paper, it’s about what’s actually flowing in cash-wise. Companies like Oando focus on recovering their investment and minimizing tax, not impressing anyone with big profit numbers. As long as cash is coming in and they can service debt or reinvest, they’re good.

Look at Seplat’s recent results nothing fantastic profit wise, but their cash flow jumped nearly 15x year-on-year and that’s what’s funding their rising dividends.

Meaning they only plan to service the debt but no plan to ever pay back the debt.So you believe such financial institution have accepted such unwritten agreement. And the day oando goes bankrupt or close shop.The loan will be written off as bad loan as thr retained earnings is targeted to remain negative
We watch and see

Revisiting Tony Elumelu: A Champion of Generational Wealth Creation.
My Respect for Tony Elumelu (TOE) knows no bounds. In the history of the Nigerian Exchange (NGX), I've never come across a chairman of a quoted company who has shown such dedication to investors like TOE. His advice to reinvest dividends in UBA before the 2024 rights offer1 and his foresight in preparing investors for UBA Rights Offer2 demonstrate his commitment to their financial growth.
TOE's leadership style is exemplary - he leads by example, speaks less, and delivers more for investors. His intelligence and experience as an emeritus chairman have been instrumental in creating generational wealth for faithful investors.
Personally, my investments in UBA, APR, UCAP, TRANSCORP, and TRANSCOHOT have yielded impressive returns, ranging from 100% to 1000+% since 2021. TOE's approach to leadership is akin to a mother duck protecting her chicks from behind, nurturing and safeguarding the interests of patient investors.

To benefit from TOE's ecosystem, one must adopt a long-term perspective, practicing delayed gratification and patience. His emphasis on reinvesting dividends has been echoed by APR initiative to offer a platform for reinvesting UBA dividends with interest.
Investors in TOE-led companies have been shielded from significant losses, and time has proven to be their best ally while impulse their worst enemy. I'm grateful for his leadership and vision.
Agbalowomeri is invited to join the Tony Elumelu (TOE) investment ecosystem. He believes that the market values of the companies in the TOE investment ecosystem are unjustifiably high compared to their book values, making them unattractive investments.
For those unfamiliar with Agbalowomeri, he's a briliant and seasoned market player who successfully timed the NGX market from 2008 to 2022, showcasing exceptional trading prowess with both intrisinc and extrinsic knowledge in Technical Analysis. As one of Nigeria's most successful day traders, Agbalowomeri has made remarkable gains, earning him recognition in the investment community.🫡

Wahala ti wa o

Why jaiz no gree release 2024 audited report and also Q1 result, nobody is talking about the results abi na only me never see am....

crownprince2017:
Why jaiz no gree release 2024 audited report and also Q1 result, nobody is talking about the results abi na only me never see am....

I have been searching for that results but nothing is showing up

https://www.youtube.com/watch?v=B6rfchjsU0k?si=meJFKkkkm7Z6Hr5p

crownprince2017:
Why jaiz no gree release 2024 audited report and also Q1 result, nobody is talking about the results abi na only me never see am....

Ellalake and Oando have been hiding their results.

Please which brokers can I use to buy stocks on NASD exchange? I have tried Morgan but their itrade platform only has NGX option.

Valthegreat:
Please which brokers can I use to buy stocks on NASD exchange? I have tried Morgan but their itrade platform only has NGX option.

You can't have access to the NASD trading platform through any broker for now. NASD is not like NGX. To trade on your own on NASD, you will need to download their app and register with your NASD details from the stockbroker you have an account with. They will link you up to the trading platform using the app after confirmation that you have an active account with a stockbroker that trades on NASD. Otherwise you will need to send your purchase/sale mandates to the stockbroker who will trade on your behalf.

Agbalowomeri:
Wahala ti wa o

I didn't know you have successfully timed the ngx.Abeg when did all happen. Why was I not informed. Abeg help us with the stocks you whr able to time.i wan follow check something..lol.
And when are you timing the next one make we no lost

An interesting week ahead.

ProphetUtuocha:
An interesting week ahead.

@ Prophet, you don come again with your speaking in parables about Oando! Early morning fa!

mikeapollo:
@ Prophet, you don come again with your speaking in parables about Oando! Early morning fa!

The prophet is seeing things you cannot see with the ordinary eyes.

We truly appreciate your patience and support. We’ll keep you posted with any updates as they come.

Sunrisepebble:
https://doclib.ngxgroup.com/Financial_NewsDocs/44038_CWG_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

I’m late to the party on this one but It looks like a greatly undervalued business.

Valuation Metrics
EPS annualized: N2.35
My Forecasted EPS: N3.10
P/E Ratio: 3.9× vs Historical PE of about 6-7x
EV / EBITDA: 2.5×
EV / FCF: 2.6×
Profitability Metrics
Gross Margin: 23.8%
Net Margin: 9.7%
Return on Equity (ROE): 46.6%
Return on Assets (ROA): 21.3%

Currently trading at ~N9, my analysis is showing that it potentially has 100%+ upside if they maintain Q1 performance.

NFA/ DYOR

Please what's your fair value on ACCESS BANK?

Ding!!!

emmasoft:
You can't have access to the NASD trading platform through any broker for now. NASD is not like NGX. To trade on your own on NASD, you will need to download their app and register with your NASD details from the stockbroker you have an account with. They will link you up to the trading platform using the app after confirmation that you have an active account with a stockbroker that trades on NASD. Otherwise you will need to send your purchase/sale mandates to the stockbroker who will trade on your behalf.

Not true, Most Brokers support NASD.
But you have the mail to execute any trade.

Maybe Presco wan give us bonus

What is going on with Presco, the thing just dey jump like agama lizard

Presco 1035 but not officially

NPF
Div 15 kobo
QD 28th May
Ex Div date 29th May
Payment date 19th June.

It can only be Awoof money.

Zegra:
Maybe Presco wan give us bonus

It is due for a 1-1 bonus

Agbalowomeri:
It is due for a 1-1 bonus

Amen. Na the first time I dey say amen to Your prayer. This year go sweet oh

Mpeace:
Amen. Na the first time I dey say amen to Your prayer. This year go sweet oh

No be prayer

It's long overdue

We’re back online! Thanks for your patience while we sorted things out, your support means everything. Dive back in and track the market live on StockBubbles!