₦airaland Forum

elpaso007:
What are people doing here?! It is clear a lot of people are doing FOMO & buying into what they don't understand...

Enamelwa is a good buy, its one of those asset you buy and forget.....may not be doing much now but the paths exists for the asset to double in price...

Agbalowomeri:
This one has not generated revenue for 15 years. I wonder why it is still trading on NGX

mikeapollo:
People have different preferences. Whether illiquid stocks are desirable or not depends on the investment strategy/goals of those buying/selling.
The so called illiquid stocks may not be a problem for people who are only interested in preserving value and still earning consistent, reasonable dividends. A good example is Seplat.

He qualified the illiquidity by adding the J-word

mikeapollo:
People have different preferences. Whether illiquid stocks are desirable or not depends on the investment strategy/goals of those buying/selling.
The so called illiquid stocks may not be a problem for people who are only interested in preserving value and still earning consistent, reasonable dividends. A good example is Seplat.

We are saying the same thing, that is why they need to be marketed and promoted here in order to create liquidity.

Very few Nigerians will beg strangers for weeks to come and harness a so called once in a life time money opportunity, without having a motive behind it

Agbalowomeri:
Bear go soon chase you away

Bears make money, Bulls make money while the PIGS get slaughtered,

Sunrisepebble:
I decided against it. After I had sold Nascon, CWG, Fidosn and MTN I had too much cash to know what to do with it

Here is the classic reason why we shouldn't sell our winners. The question that comes after selling is: "what next"?

megawealth01:
CADBURY and PZ

Though i have PZ but i am still not fully confident about their fundamentals.
Their next report will determine my next action.

Ginalex:
NAHCO my love. The relationship was good while it lasted. Exited most of my holdings at 117.2. Sweet 55% ROI. Left tashere 2k unit for monitoring ... What to buy is the next wahala. abi I should load more Cadbury

Why exiting so early? at just 55% ROI?

Agbalowomeri:
Bear go soon chase you away

You sabi say he only comes around when the market is bullish and hibernates when it is bearish

emmanuelewumi:
Very few Nigerians will beg strangers for weeks to come and harness a so called once in a life time money opportunity, without having a motive behind it

What did you say . I will get back when I understand it fully. .lol
Are you saying integrity of some people in this thread could have question mark .They are the wealth distributor of our time
They are reading and will definitely not be happy with u.

Newbies, all these big big stock names wey the Ogas here are mentioning, ask well before buying at current price because in my opinion, they may have to wait for q2 results to know the next direction, may not have high upside from their current prices for now......

Names like WAPCO already factored in the good Q2 when it moved from 80/85 to current price......
Could see some Ogas throwing numbers upandan......with some kind of manipulations ongoing there....
Remember there's a price tag on majority shareholders stakes....

It still get some other ones that already did 100%, 200%, 300%......make una look before you leap....

My advice: Look for the ones with potential 50% or more upside, those that are battered, not yet feel the bull run as such, trading at discount, around their 52 weeks low, strong fundamentals, those still lagging behind in their sectors and some with potential upside......
Like O&O, VFD, PZ, LEGEND, DS, ELLAH, JP, ACCESS, FBN, FCMB, LEARN, insurance, etc......
Na examples I give o 🙄

This is purely my opinion, make some marketers no come dey take you cash out anyhow...... 😁

Stage opened for bashing, defence etc 🤔

yMcy56:
Newbies, all these big big stock names wey the Ogas here are mentioning, ask well before buying at current price because in my opinion, they may have to wait for q2 results to know the next direction, may not have high upside from their current prices for now......

Names like WAPCO already factored in the good Q2 when it moved from 80/85 to current price......
Could see some Ogas throwing numbers upandan......with some kind of manipulations ongoing there....
Remember there's a price tag on majority shareholders stakes....

It still get some other ones that already did 100%, 200%, 300%......make una look before you leap....

My advice: Look for the ones with potential 50% or more upside, those that are battered, not yet feel the bull run as such, trading at discount, around their 52 weeks low, strong fundamentals, those still lagging behind in their sectors and some with potential upside......
Like O&O, VFD, PZ, LEGEND, DS, ELLAH, JP, ACCESS, FBN, LEARN, insurance, etc......
Na examples I give o 🙄

This is purely my opinion, make some marketers no come dey take you cash out anyhow...... 😁

Stage opened for bashing, defence etc 🤔

Madam, you can private chat me for free helmet

This is why I kept. With the others despite being fairly priced, the dividend they will pay is really not much compared to the share price. MTN for example with its negative equity, I doubt will pay a dividend this year, even if they do, the EPS for the year will be around 30, can’t match up to 10% yield

emmanuelewumi:
I remember telling you not to sell few weeks ago but you said you have made up to mind to sell

Panadee:
Madam, you can private chat me for free helmet

My Oga, their vawulence no be today nah..
I don get immuned against their troubles.....😁

All the things I talked, people won't understand until when bears come.
We have to hedge against some prices I blvd

Make una show us results now.
The companies way don do meeting make we see results. I don refresh taya

Lafarge is a N200 stock. Based on the exact same EV/EBITDA multiple (7x) that Huaxin used to value the business in 2023, the updated fair value per share using H1 2025 EBITDA is N194.

Market cap N1.93trn
Net Cash N206bn
EV 1.73trn
EBITDA annualized 416bn
EV/EBITDA 4.15x

NFA/DYOR.

yMcy56:
My Oga, their vawulence no be today nah..
I don get immuned against their troubles.....😁

The Ogas don’t even know where to put their money anymore—they’ve already conquered the NGX. Let them move to higher ground; I trust they can conquer the Nasdaq and NYSE too.

yMcy56:
My Oga, their vawulence no be today nah..
I don get immuned against their troubles.....😁

Make you dey add the insurance of "not financial advice" or "do your own research"

Sunrisepebble:
This is why I kept. With the others despite being fairly priced, the dividend they will pay is really not much compared to the share price. MTN for example with its negative equity, I doubt will pay a dividend this year, even if they do, the EPS for the year will be around 30, can’t match up to 10% yield

Reason why I said Nahco is one of the few stocks that combines growth, quality and value.

Most stock have just 2 at a time.

A quality cum growth stock might be expensive

A quality stock that is cheap, might not have growth.

A growth stock that is cheap, might not be a quality stock

Sunrisepebble:
Lafarge is a N200 stock. Based on the exact same EV/EBITDA multiple (7x) that Huaxin used to value the business in 2023, the updated fair value per share using H1 2025 EBITDA is N194.

Market cap N1.93trn
Net Cash N206bn
EV 1.73trn
EBITDA annualized 416bn
EV/EBITDA 4.15x
NFA/DYOR.

Based on our calculations on the takeover price of WAPCO the last time, we estimated it to be around N103/105 if I could still recollect well....

Pls understand that I'm not saying WAPCO can't get to this price based on other metrics, but looking at the amount Holcim or so is willing to pay.....and considering the current exchange rate, I think we ought to exercise caution on the figures for now......
It's just my personal opinion....

We've had a scenario in NGX before, where people bought a stock way above the buyout price, thinking the buyer will increase the buyout price.....but which they did not.

I thought WAPCO issue is still in court?

emmaodet:
Bears make money, Bulls make money while the PIGS get slaughtered,

💯

yMcy56:
Based on our calculations on the takeover price of WAPCO the last time, we estimated it to be around N103/105 if I could still recollect well....

Pls understand that I'm not saying WAPCO can't get to this price based on other metrics, but looking at the amount Holcim or so is willing to pay.....and considering the current exchange rate, I think we ought to exercise caution on the figures for now......
It's just my personal opinion....

We've had a scenario in NGX before, where people bought a stock way above the buyout price, thinking the buyer will increase the buyout price.....but which they did not.

I thought WAPCO issue is still in court?

MERCY, A notable scenario in the Nigerian Stock Exchange (NGX) is the Delisting and Buyout of Mobil Oil Nigeria Plc by NIPCO Plc (2016–2017). This case highlights investor speculation that the buyout price would be increased, which did not happen, leading to significant losses for speculative investors.

NIPCO did not revise the buyout price. When the Mandatory Tender Offer (MTO) eventually came, the price remained around N417, which was the same as the original acquisition price.

This led to a situation where speculative investors who bought the stock above N417 were forced to either hold onto the stock indefinitely or take a loss if they sold on the open market — as the market eventually corrected downward once it became clear that no higher price was coming.

Even if they use juju, no minority shareholder will sell WAPCO to the Chinkos for anything less than N200 as at this moment.

yMcy56:
Based on our calculations on the takeover price of WAPCO the last time, we estimated it to be around N103/105 if I could still recollect well....

Pls understand that I'm not saying WAPCO can't get to this price based on other metrics, but looking at the amount Holcim or so is willing to pay.....and considering the current exchange rate, I think we ought to exercise caution on the figures for now......
It's just my personal opinion....

We've had a scenario in NGX before, where people bought a stock way above the buyout price, thinking the buyer will increase the buyout price.....but which they did not.

I thought WAPCO issue is still in court?

Panadee:
He qualified the illiquidity by adding the J-word

Lol
Individual preferences/goals would determine the classification of stocks.
What may be ''Junk'' stock to Mr. A. may be a 'value'' stock to Mr. B.

I’m not talking about the takeover price. My opinion is the company will remain listed, I’m talking about the valuation of the company based on the H1 result
If they do come with that MTO price of N100 I honestly don’t think it will go down well with anyone at all, even National Assembly who they’re having issues with at the moment

yMcy56:
Based on our calculations on the takeover price of WAPCO the last time, we estimated it to be around N103/105 if I could still recollect well....

Pls understand that I'm not saying WAPCO can't get to this price based on other metrics, but looking at the amount Holcim or so is willing to pay.....and considering the current exchange rate, I think we ought to exercise caution on the figures for now......
It's just my personal opinion....

We've had a scenario in NGX before, where people bought a stock way above the buyout price, thinking the buyer will increase the buyout price.....but which they did not.

I thought WAPCO issue is still in court?

A summary of today's trading session on the NGX.


https://www.youtube.com/watch?v=XmTTFvQUc5o

megawealth01:
MERCY, A notable scenario in the Nigerian Stock Exchange (NGX) is the Delisting and Buyout of Mobil Oil Nigeria Plc by NIPCO Plc (2016–2017). This case highlights investor speculation that the buyout price would be increased, which did not happen, leading to significant losses for speculative investors.

NIPCO did not revise the buyout price. When the Mandatory Tender Offer (MTO) eventually came, the price remained around N417, which was the same as the original acquisition price.

This led to a situation where speculative investors who bought the stock above N417 were forced to either hold onto the stock indefinitely or take a loss if they sold on the open market — as the market eventually corrected downward once it became clear that no higher price was coming.

Thanks MEGA.

I knew of one or two people that sold Courtville at a loss or was bought out at loss....
What of Uniondac?

See MRS now readjusting around the buyout offer of N135, many picked higher.....
**N149 + some kobos was eventually paid - Updated**
What of ARDOVA? Eventually it was slightly increased to 17+ while some bought above 20, even as high as 27/30 or so.....

We are just trying to protect ourselves against those shrewd buyers here......and remind ourselves of past scenarios, so we don't fall victims of future ones.

💯

yMcy56:
Thanks MEGA.

I knew of one or two people that sold Courtville at a loss or was buyout at loss....
What of Uniondac?

See MRS now readjusting around the buyout offer of N135, many picked higher.....
What of ARDOVA? Eventually it was slightly increased to 17+ while some bought above 20, even as high as 27/30 or so.....

We are just trying to protect ourselves against those shrewd buyers here......and remind ourselves of past scenarios, so we don't fall victims of future ones.

Sunrisepebble:
I’m not talking about the takeover price. My opinion is the company will remain listed, I’m talking about the valuation of the company based on the H1 result
If they do come with that MTO price of N100 I honestly don’t think it will go down well with anyone at all, even National Assembly who they’re having issues with at the moment

Ok.
Well noted Sir.

Sunrisepebble:
I decided against it. After I had sold Nascon, CWG, Fidosn and MTN I had too much cash to know what to do with it

that what happens with bigger capital, why people they off cap for Warren and Charlie. With bigger capital 100m look like 50kobo.

Anybody sabi FCMB. Why the stock no move like other banks.