₦airaland Forum

KarlTom:
I actually sold a little.

Hoping to jump back in before Friday when the steam subsides

I think say na only oil and gas you dey buy

Sunrisepebble:
Please what is Ololo

It is the language of the elderly

Sunrisepebble:
Please what is Ololo

A stockbroker employed by management to manipulate their stock price between 2003 and 2808.
.
Read up on him on Wikipedia

High Chief.
I can't say for sure.
There's a cloud of doubt over ARADEL which I believe Q2 will sort...

Fred2020:
Chief, any prospect for Aradel? I guess the decline is connected to the drop in oil price?

Min 50% portfolio for O&G

Then solid stocks for investment: PRESCO, NASCON, NAHCO etc

JiJo is as market sentiments dictate 😄

Agbalowomeri:
I think say na only oil and gas you dey buy

emmanuelewumi:
A stockbroker employed by management to manipulate their stock price between 2003 and 2808.
.
Read up on him on Wikipedia

New 'Ololos' are already active and they are behind the astronomical gain in price of fundamentally weak stocks.

It isn't a surprise to me that no dividend paying stocks are even gaining more in price than the dividend paying ones. I already know the 'Ololos' are in town.

Going to exit or reduce position in most of my key stocks tomorrow, the best time to sell is in a bull market.

Let me lock in profit. I don try, I can always buy back later if I see attractive entry.
NB: I’m the CEO of my own portfolio/ DYOR

EDUECO:
New 'Ololos' are already active and they are behind the astronomical gain in price of fundamentally weak stocks.

It isn't a surprise to me that no dividend paying stocks are even gaining more in price than the dividend paying ones. I already know the 'Ololos' are in town.

Ololo never enter
Shebi you are getting 10% dividend yield. This one is just devaluation repricing. By the time the streets hear the %s that people have been making in the past 2-3 years, then we are just getting set

Sunrisepebble:
Going to exit or reduce position in most of my key stocks tomorrow, the best time to sell is in a bull market.

Let me lock in profit. I don try, I can always buy back later if I see attractive entry.
NB: I’m the CEO of my own portfolio/ DYOR

You have tried
I hope you are not retiring again this time

Let me use 5% of all the profit to cool down first.

Agbalowomeri:
You have tried
I hope you are not retiring again this time

Bond yields are falling also, there was an auction yesterday. So money is coming into the market

Agbalowomeri:
Ololo never enter
Shebi you are getting 10% dividend yield. This one is just devaluation repricing. By the time the streets hear the %s that people have been making in the past 2-3 years, then we are just getting set

Sunrisepebble:
Bond yields are falling also, there was an auction yesterday. So money is coming into the market

Money is coming into the market and you want to sell

Exit liquidity

emmanuelewumi:
Money is coming into the market and you want to sell

Sunrisepebble:
Exit liquidity

Don't be in a hurry to pull out if you have fundamentally sound stocks in your portfolio.


You should just pull out about 25%

Sunrisepebble:
Going to exit or reduce position in most of my key stocks tomorrow, the best time to sell is in a bull market.

Let me lock in profit. I don try, I can always buy back later if I see attractive entry.
NB: I’m the CEO of my own portfolio/ DYOR

Don't worry about that era.Many stocks whr trading at price that had no fundamental to justify or hold it up so the crashing was massive. Though some stocks will still do so but they are not your kind of stocks. I just dey pity newbies way think because dead business are moving so they are buying stock not knowing it is stock fish they are buying .They will definitely pay schools fees like we did then when results show face. Even as I dey pick for jijo I don't pick dead businesses. At all times preservation of capital is the most important in this business

Agbalowomeri:
Don't worry e be like say you no experience ololo

Ololo is coming to town next year

Hmmmmmmmmm

Sunrisepebble:
Only a 10-20% increase from here though.
I love the stock and I’m keeping it because no other opportunity and the solid dividend but I think it’s fairly priced now, unless we see higher than expected growth in the results in subsequent quarters.

We use 18% - 25% cost of capital to judge (discount) most Nigerian businesses, but not upto 20 of the listed companies earn above 25% Return on Invested Capital. A quick Bloomberg screener will show you some names which NAHCO is one of them. A bussiness can only generate excess Return if its Return on Capital is higher than its Costs of capital. Or it has a high growth rate to compensate for it, when the Return on Capital evens out its cost of capital.

If a bussiness is able to generate excess Return above its cost of capital and still manages to grow revenue at a rate higher than inflation, that's a license to print money.

The next question to ask is "Is high ROIC and Earnings growth rate for NAHCO going to be there for the next 5 years?".

A short answer is;
1. The high entry barrier to NAHCO's bussiness is still intact, which fends off competition and keeps ROIC high for the business.
2. There’s still legroom for flight volumes to return to pre-covid levels, with the economy stabilizing. For a bussiness with high operating leverage, this will not only grow NAHCO's earnings but the ROIC as well. Which will translate into the excess cash flows it will distribute to shareholders.

Though we may not have a crystal ball on the strength of the growth engine for NAHCO, but with the high ROIC it has, even with a modest growth rate, NAHCO would still generate excess cash flows for shareholders.

yMcy56:
So you even believe this kind of stories?
How is this even possible from a manufacturer for that matter oooo
Well, something or some news must bring NEIMETH to limelight of course.....
This is a strategic news that will assist the stock to move much higher up....
Expecting to see NEIMETH shares @6 or more....

Neimeth has one of the best pharmaceutical products... They should cross 10 in the days ahead... They have rebranded...

DYOR

megawealth01:
Ololo is in town oooooo

He has always been on ground..so no panick

emmanuelewumi:
Don't be in a hurry to pull out if you have fundamentally sound stocks in your portfolio.


You should just pull out about 25B

Hmmmmm una get money for here o

When you are big you are large

emmanuelewumi:
Nahco also uncreased their fees by 150% to 250% in the current quarter

On the domestic flights only. It's happened at the beginning of the year, it's around 100% blended increase

NettyNelly:
We use 18% - 25% cost of capital to judge (discount) most Nigerian businesses, but not upto 20 of the listed companies earn above 25% Return on Invested Capital. A quick Bloomberg screener will show you some names which NAHCO is one of them. A bussiness can only generate excess Return if its Return on Capital is higher than its Costs of capital. Or it has a high growth rate to compensate for it, when the Return on Capital evens out its cost of capital.

If a bussiness is able to generate excess Return above its cost of capital and still manages to grow revenue at a rate higher than inflation, that's a license to print money.

The next question to ask is "Is high ROIC and Earnings growth rate for NAHCO going to be there for the next 5 years?".

A short answer is;
1. The high entry barrier to NAHCO's bussiness is still intact, which fends off competition and keeps ROIC high for the business.
2. There’s still legroom for flight volumes to return to pre-covid levels, with the economy stabilizing. For a bussiness with high operating leverage, this will not only grow NAHCO's earnings but the ROIC as well. Which will translate into the excess cash flows it will distribute to shareholders.

Though we may not have a crystal ball on the strength of the growth engine for NAHCO, but with the high ROIC it has, even with a modest growth rate, NAHCO would still generate excess cash flows for shareholders.

It is as I stated digging in some businesses doing very well that I understood why oga Emma is always hammering on roic over roe.Check companies that have maintained roic of 20% and above for steady 3 yrs you will see the stock has continued to appreciate steadily. You buy them they most always deliver with time.If you see steady 40% for yrs na gold mine

Locotrader:
Dangote sugar commercial paper is just out and also closing tomorrow.
I am interested if rates is above 20%

Here you go

Sunrisepebble:
I was really tempted to sell NAHCO at max price today…

Please sell as some of us are still waiting at N80 for it....

NettyNelly:
On the domestic flights only. It's happened at the beginning of the year, it's around 100% blended increase

Now on international flights

EDUECO:
Peter Ololo was a notorious debtor/stock broker known for pumping stocks around 2009

Don't blame him but the banks who gives huge loan without collateral..

Coolcash1:
Still loading up on Ellah…50M units is my target.

I need a retard to start dumping in order to actualize this goal...

I’m not arguing about the fundamentals of NAHCO, it’s a great business. My question now is where is it going to. It’s at N101, if we say it makes a N10 earnings for FY, and it trades at 10x PE and pays out N9 dividend then I think it’s fairly priced here, how much capital appreciation is left. If i’m sitting on 50m profit on the stock is it not justified to sell here?

NettyNelly:
We use 18% - 25% cost of capital to judge (discount) most Nigerian businesses, but not upto 20 of the listed companies earn above 25% Return on Invested Capital. A quick Bloomberg screener will show you some names which NAHCO is one of them. A bussiness can only generate excess Return if its Return on Capital is higher than its Costs of capital. Or it has a high growth rate to compensate for it, when the Return on Capital evens out its cost of capital.

If a bussiness is able to generate excess Return above its cost of capital and still manages to grow revenue at a rate higher than inflation, that's a license to print money.

The next question to ask is "Is high ROIC and Earnings growth rate for NAHCO going to be there for the next 5 years?".

A short answer is;
1. The high entry barrier to NAHCO's bussiness is still intact, which fends off competition and keeps ROIC high for the business.
2. There’s still legroom for flight volumes to return to pre-covid levels, with the economy stabilizing. For a bussiness with high operating leverage, this will not only grow NAHCO's earnings but the ROIC as well. Which will translate into the excess cash flows it will distribute to shareholders.

Though we may not have a crystal ball on the strength of the growth engine for NAHCO, but with the high ROIC it has, even with a modest growth rate, NAHCO would still generate excess cash flows for shareholders.

Streetinvestor2:
Don't worry about that era.Many stocks whr trading at price that had no fundamental to justify or hold it up so the crashing was massive. Though some stocks will still do so but they are not your kind of stocks. I just dey pity newbies way think because dead business are moving so they are buying stock not knowing it is stock fish they are buying .They will definitely pay schools fees like we did then when results show face. Even as I dey pick for jijo I don't pick dead businesses. At all times preservation of capital is the most important in this business

Smiles..experience they say is the best teacher

emmanuelewumi:
Money is coming into the market and you want to sell

When there's conflict between liquidity and profitability..you take liquidity

Sunrisepebble:
I’m not arguing about the fundamentals of NAHCO, it’s a great business. My question now is where is it going to. It’s at N101, if we say it makes a N10 earnings for FY, and it trades at 10x PE and pays out N9 dividend then I think it’s fairly priced here, how much capital appreciation is left. If i’m sitting on 50m profit on the stock is it not justified to sell here?

It will pay a dividend of N11 and above next year. EPS will be about N13.

bastardson:
23% is huge in 6 months.

Is it like Fixed Deposit?

Would the capital and interest be paid after the set date ?


I need to read on how commercial papers work

Yes you can opt for interest upfront or wait till maturity for interest. It's not as secured as Tbills though