₦airaland Forum

BabsO2:
From the picture attachment by Bagwa, converting $300m into shares is also on the table.

It is clearly stated that the price to be used will be determined through book building and other means.

It can be safely assumed only 10 billion new shares will be issued even if $300m of debt is converted into shares along with a fresh N500 billion being raised. This could imply a price of N100 possible if supported by the book building or other valuation method used. Think N50 is damn too low for use. It won’t be the smartest thing to do. Look at UBA they know the market is depressed or fearful in valuations and won’t do rights on just any low price

I think N50 is damn low

Another clever, plausible perspective

Toluway:
Haba! How many people would be quoting this Bagwa long essay, and for how many times?
Disgusting.

There are better ways to express yourself...

Toluway:
Haba! How many people would be quoting this Bagwa long essay, and for how many times?
Disgusting.

Agbalowomeri:

Sweet to some. Disgusting to others

Cement N30 EPS
NFA/DYOR

olaremint:
imagine gaining just 300k on a stock and you want to sell and their charges is more than 300k.

It depends. The brokerage fee is based on the total sales value of what you want to sell, and not what you have gained. That is why you have to consider the gains, the value of the shares and fees payable before you decide on selling or holding.

For instance, if your shares/portfolio is worth N70m and your gain is only N1m, the fee will be based on the N70m that you want to sell (or a portion thereof), which may produce a figure higher than the gain of N1m.

That is why some people wait for the share price to go higher before they sell so that their profit will be higher than the fees, or you sell and incur the cost/loss like that.

Absent ma !!! lol

Uchetoba:
9free
Ihedioranma
Mercilicious
Dexter
Bigass
Stockbear
Ucheson2
Talk2me2

Olaide1295:
Let's compare brokers..
As a percentage of your transaction, how much fee are you paying?
I-invest charges about 2% per transaction (1.35 as broker commission, 0.6 as NSE &CSCS fees etc)....so for trading/JIJO, one will be effectively losing about 4% to fees.

In other words, you break even after a 4% gain on every trade.

I think the stock exchange should make a rule that the percentage charged should be based on profit or loss and not on the capital invested

mikeapollo:
Another clever, plausible perspective

The N50 you estimated is also plausible in event of a poor not exciting H1. This low market price related valuation may end being used

Sunrisepebble:
Cement N30 EPS
NFA/DYOR

It should get to 600. Though it's currently not too far from there

Good Afternoon Sir/ma,
I am a newbie on this thread. I read through few slides. Please can anyone recommend maximum of 5 good stocks i can invest with about 400k. I already activated my Bamboo App i abandoned few years ago. Thanks

Only about 20-30% upside but potential dividend yield at current price should be more than 10%

Mpeace:
It should get to 600. Though it's currently not too far from there

olaremint:
I think the stock exchange should make a rule that the percentage charged should be based on profit or loss and not on the capital invested

Lol! Have you forgotten that there are various stakeholders in the market who rely on the fees for their operations e.g. brokers, NGX etc ? They ill not survive if fees are based on gains alone.
Some components of the fee are statutory and fixed, others vary and depend on the broker. Check for the acceptable variable fees and register with them.

Mpeace:
It should get to 600. Though it's currently not too far from there

What cement stock?

Na wetin dey happen for Royalex.

Cc Sono

Olaide1295:
What cement stock?

The biggest of them all

NBS to release rebased GDP by 5pm today.

Olaide1295:
What cement stock?

lafarge wapco holding board meeting today..

GeneralDae:
NBS to release rebased GDP by 5pm today.

is that why the market appears to be sluggish today?

Princkez:
lafarge wapco holding board meeting today..

They can't do N30 q2 eps at this moment.

Sunrisepebble:
Cement N30 EPS
NFA/DYOR

Wapco?

GeneralDae:
NBS to release rebased GDP by 5pm today.

How many times would this govt manipulate the GDP in the name of rebasing?
The data cannot lie

pluto09:
Wapco?

DANGCEM now, its the biggest amongst them!!

The kind of rain wey go fall for Royalex in the coming days no be here.

Are you there?

KarlTom:
There are better ways to express yourself...

I can understand your point. I would edit pronto.

Presco head office

BabsO2:
Sweet to some. Disgusting to others

I don edit my post jare. Make una no vex😁

dapix:
DANGCEM now, its the biggest amongst them!!

It was another person that said it is the biggest of them .

Umehj88:
Presco head office

It seems you love to discover HQs of NGX companies! No signboard for this one sha 😅

Sunrisepebble:
Cement N30 EPS
NFA/DYOR

Which Cement pls

Oando, Oando, Oando!!! How many times did I call you?
When would you stop disturbing my people on this forum? Inspite of over twenty sound fundamentals stocks on nsem!

Surprisingly, Oando is having a good 'buy' rating, because it is still cheap at the present price with p.e. of 2.something.
Inspite of it's negative p.b. ratio of -2 or thereabout.
I think there should be no worries about it's poor p.b. ratio because we all know Oando to be a very influential company that could easily surmount it's 'fundamentals' challenges in the nearest future.
The problem is that investors are keeping too much watch on the stock, instead of just buying and forgetting it. That's what I want to do if I have cash. This stock would touch #130 next year.

Panadee:
It seems you love to discover HQs of NGX companies! No signboard for this one sha 😅

.

Nah inside the premises I dey I only post what I see. The other one didnt have a compound just front view