₦airaland Forum

emmanuelewumi:
Presco dividend received

Agbalowomeri:
You are on your own

My Oga says investment is not a team sport

NSEstudent:
MH Pro Max

It's already glaring why this won't work.

When you want to exit, who will buy from you, from all of you as you suggested?

temi4fash:
Example of such stocks

gabscity:
PRESCO never pay since morning?

awesomeJ:
But it was with GAMESTOP a few years back??

jonnysessy:
This is good news. Which means they have started paying. I know i don't have to wait long again.

Locotrader:
Thank you for this detailed analysis.
I picked some points here to enable me continue with Wema bank as I stated above

EDUECO:
I bought some Zenith Bank shares in my trading portfolio yesterday at 67 Naira and I sold this morning at 70 Naira.

I made about 1.5 percent after buy and sell commission!

A little drop of water make a mighty ocean.

Ibrahim505:
Morgan Capital recommend entry into Aradel @500 and exit at 750.

Streetinvestor2:
Alhaji has a way of paying all his eps for the yr.
He has done that in the last two yr.He even dipped hand into reserve to make up at a point
Forward eps could come to #60 for full yr.
So I see #50 very likely

jonnysessy:
Presco, where is you final dividend? Your mates are already talking of interim dividend, you are yet to pay your own final for 2024.

awesomeJ:
If you're an active trader here, I just wrote a nice Flask app that accurately helps with tracking your earnings, cost, portfolio snapshot etc.

I'm so excited about it.

Super light weight too.

Maybe I'll put it in a public repo for anyone who would like to use.

awesomeJ:
DIL nneds every cash it can get at the moment. At least till the refinery becomes stable.

gabscity:
Yes. They started from the HNIs.

Deadlytruth:
Being a newbie, the best strategy for you is to buy fundamentally sound stocks which have very low OS and quite low prices. That way, you will hardly record losses even if you don't make profit.

temi4fash:
Example of such stocks

Streetinvestor2:
What is the business of the cement and refinery
U just post without fact.Was the refinery not there 2023 and 2024 when he paid #30 didn't even when he did not make up to that in one of the yrs as eps.
They still took from thr cash reserve to pay.
Is DIL not the one to benefit most in the dividend as the owe almost every thing

dammybrite:
Do you mind sharing link to the github repo?

awesomeJ:
I decided against making it public.

It's been quite helpful though, especially now that I'm approaching N1bn in quarterly volume. (currently at N810m)

I guess I'd be like top 30 brokers if I got a license.

awesomeJ:
Try that 1.5% on N500m, it's sweeter.

Princkez:
Please advise needed to buy either UBA @#48 or NAHCO @#102...kindly advise.

Streetinvestor2:
........
...
Is DIL not the one to benefit most in the dividend as the owe almost every thing
Or how else again is DIL supposed to benefit from the cement company. Abi they can just go and collect the money cement made like they are into sole proprietorship business .
Infact he paid #30 for 2023 and 2025 when they did not earn up to that in 2023 and 2024 as eps

awesomeJ:
Sorry for quoting you. And that's the only apology I owe you.

However when you mention the refinery and you refer to 2023, then your own ignorance is obvious.

I'll help you.

The refinery was announced in 2013. It started gulping cash from DIL at about that time.

But especially more since 2020. The cost has gone from $13bn to $20bn and naira woes had made things worse.

2020 was about when Alhaji shot up payout ratio significantly and it's been high ever since.

You mentioning 2024 means you either have insufficient context or you didn't read the post well.

cocolacec:
Scoa,Enamelwa,John Holt ,Eunisell,Mecure etc. You need to study charts on trading view app.

Princkez:
Please advise needed to buy either UBA @#48 or NAHCO @#102...kindly advise.

EDUECO:
Locotrader is feeling this way after reading about what has befallen Japaulwood!

Where is Locotrader the kalokalo investor?

Where are his foot soldiers? They have all gone into oblivion.

emperor00:
You are very wicked o

Agbalowomeri:
Why not 100% on N500