₦airaland Forum

yMcy56:
Why not?
Except you don't post in equity section....
Overtime, we'll know it's you....that JiJo Spirit no fit commot from you just like that. 😁
Have you registered?

Locotrader:
I want to take away 100m off from the market and lock it in Wema-Alat fixed deposit for 365 days.
I want to take the interest upfront.
After deducting the 10%,I will receive 15,756,000 as interest for 12 months.

Is this a wise decision since I don't want to keep it in the stock market?

17.75% per anum

Pls make Una put mouth

EDUECO:
I think estimate can made if they can seek the service or advice of companies like Okomu and Presco with so many years of experience in the oil milling business.

GeeKudi:
Well, I currently use MorganCapital. It's not an app. It's a web portal. It has live updates, both price and volume data.


NB: This is not an advertisement for MorganCapital. It is just my experience using their portal.

yMcy56:
Well done sir.
For my own phone, I'm not able to scroll sideways, don't know why?
Maybe na my chinko phone dey cause am. 😁

The fonts are okay but can't see the view /the items on the right side.

nosa2:
MOBILE VIEW SORTED.

I've finally fixed the mobile view. Please let me know what you think

SonofElElyonRet:
We shall see what you'll be saying in a couple of months from now. Bet you'll be eating your words

EDUECO:
Their intentions have always been to pump and dump.They have never had any intention of holding for long. The final bag holders will be at the receiving end.

At least a revenue of about 1 billion Naira would have been reasonable for a company with a market capitalization of about 50 billion Naira.

nosa2:
They can't make accurate projections when milling never start.

They'll be estimating uptime which will be hard to do given the so many potential unforseen circumstances

megawealth01:
I'll gladly flow with the CRYPTO THREAD. I'M A CRYPTO ENTHUSIAST

emmanuelewumi:
Couples of years, should start generating reasonable revenue in the next 2 to 3 years, should be profitable in the next 4 years

nosa2:
I'm sure after running the milk for a few months they'll be able to give accurate estimates

aj8:
My apologies if the phrase felt insulting. It was far from my intention sir. EPS is calculated from Earnings Divided by OS
OS = 39,605,421,535.00
Profit from your attachment = 41,191,937,000
Earnings / OS = 41,191,937,000 / 39,605,421,535.00

= 1.04 for 3 months
Annualized = 3months x 4 = 1.04 x4 = 4.17 approximately sir.

I pray and sincerely hope you have been educated.

Your apology is accepted even if you do not give one.

My apologies for having made you feel insulted. Again, it wasn’t my intention sir.

emmanuelewumi:
At a profit margin of 50% that will give a PE ratio of 100

onegentleguy:
Still recall this post above? (a broad and in-depth review of the insurance sector)
Let's dig in to see what the short-mid term journey has been like...

As I highlighted back then, the KEY to a healthy selection lies in the parts in bold;
a) those with a greater weight of value drive/prospect and
b) those with a high plausibility of remaining stand alone entities post the recapitalization deadline by the regulator.

From a) are asset Nos 4, 2, 7, 9, 10, 11, 12, 13, 17 and 18 which are MUTUAL BENEFITS, AIICO, LASACO, SOVEREIGN TRUST, WAPIC, ROYAL EXCHANGE, VERITAS KAPITAL, REGENCY ALLIANCE, CHI and LINKAGE in that order.

While from b) are Nos, 1, 2, 3, 4, 5, 6, 7,10, 12, 17 and 18 which are CUSTODIAN, AIICO, MANSURD INS, MUTUAL BENEFITS, PRESTIGE, NEM, LASACO, WAPIC, VERITAS KAPITAL, CHI and LINKAGE.
Notice how some asset in a) are also in b)... will revisit this part later.

1st off, how has the a) list faired?
The next line attempts to compare the prices of these asset at consideration period to their present mkt price with an estimate of their various % nominal return... all written in bracket from left to right;
MBENFIT (20k, 40k 100%), AIICO(60k, 129k, 115%) etc... in fact, except for 1 coy (veritas), near all in list a) have delivered btw 85-100% NR, with yield even topping above 100% at some point. (YtD price peg in view)
However the biggest winners have been the duo of ROYAL EXCHANGE (23k, 76k, 230%), followed by LINKAGE (factor in the recent script/bonus issue), WAPIC, CHI and MBENFIT in that order.

Wondering what is the essence of this post?
Pls kindly read btw the lines...

Notice how the best performing coy (Royal exchange) is among 3 coys that are in list a) but not in b) ...the other 2 are SOVEREIGN TRUST AND REGENCY ALLIANCE. For these class of coys, I highlighted what might likely play out with them in view of the expected recap exercise.
Aside the thing about a possible buy out (Royal ex looking like it) all 3 fall in within the same basket of P2P weighting.
Put differently, if the price of one is X and the other 2 are V and W, then to guage value, all 3 can be compared to each other using certain predetermined fundamental variables.
And in that line, using key yardsticks like Net ROIC, Sloan ratio, Solvency Margin (surplus/deficit peg in view) CGPR, ROTE, CCC efficiency etc... as a barometer to gauge VALUE, the other 2 are a BUY!!
In retrospect, whatever happens with these set of asset (read post above) you stand a great chance as an investor to reap some good reward. (RRM: 45-71%)

Again, Note how the duo of PRESTIGE and VERITAS KAPITAL have been the least performing... with the latter still trading at what I consider a steal!
Any worry? Not at all! In fact, both coys tick all the boxes in view of the key yardsticks cited above.

If u understood matters to this point, then u do not need a soothsayer to tell u that aligning with assets like REGENCY ALLIANCE, SOVEREIGN TRUST (sovrenins), VERITAS KAPITAL, PRESTIGE, WAPIC, MBENFIT, LINKAGE and CHI should pay off.
...and so are the select few others mentioned in the post above.

Disclaimer: Just given a follow-up update on request.
NOT to be interpreted as any sought of recommendation. When in doubt, pls do well to be guided by ur instinct.

Selah

EDUECO:
Ellah lakes can do better than this.

I know this company can start getting revenue in billions of Naira from 7 to 10 years time if the management starts working smart and is financially prudent in the management of Ellah lakes.

nosa2:
I'm sure after running the milk for a few months they'll be able to give accurate estimates

ojeysky:
They are already working smart that's why the stock rose from 3 to ATH of 19. Whether their smartness is for the good of the company or for themselves is left for time to reveal

mikeapollo:
Haba! The billions wey you get never do you?
Crypto enthusiast again?

megawealth01:
Crypto gave me my MEGAWEALTH in 2020/2021

Sunrisepebble:
I’ve taken a break from market. I’m not seeing value anywhere at the moment. I’ve trimmed my WAPCO at 150, and UBA at N49.5
Although, I loaded UACN at N68 two days ago. Might load some Cadbury too if it gets lower than current price

EDUECO:
You're right since this smartness is probably aimed at raising funds.

Streetinvestor2:
It is not smartness. It is u being not straight or fraudulent. The have shown it in many ways from the days of taking stock brokers for paparazzi. The secret of the true farm,head office and the mill in progress. Then the charades of the last agm.The debt conversion and incomplete quater results

Locotrader:
After my discussions with Chams MD this morning at Whatsapp ,I have decided to pick up my right and extra shares totalling 20m shares.

If chams right will be listed at above N3 market price,it means Loco will be in another 100% in chams by then.

This is a good short term investment too.

I am considering it

Locotrader:
After my discussions with Chams MD this morning at Whatsapp ,I have decided to pick up my right and extra shares totalling 20m shares.

If chams right will be listed at above N3 market price,it means Loco will be in another 100% in chams by then.

This is a good short term investment too.

I am considering it

SonofElElyonRet:
Self contradictory

KarlTom:
You have taken this marketing to another level.

As much as we cannot authenticate this chat, I really do not think posting it here is in the best interest of the 'MD'