₦airaland Forum

No

yMcy56:
The stock NCR moved from loss to profit in the FYE and made good revenue...
That's something
Also considering the OS which is just 108M, with the substantial shareholder's holding over 73% of it, I don't really see them releasing it just like that.....
The news of bonus issue may make it a toast the more...
That's how I viewed it.....
The fact remains that the stock stood out irrespective...... hopefully, Artleos will restructured it the more...😊

Your love for kalokalo stocks is unimaginable!

Streetinvestor2:
That won't work.They tried it in the past and it failed. The level of insecurity cannot allow it.To even laod atm at bank premises is a problem with banks.
Na who go dey guide those atm

It failed because CBN released a circular then that mandated banks to remove and stop installing ATMs offsite (outside of bank premises) and not because of insecurity. To break into ATM no be beans o. Now they are reversing that policy. I guess it's because of too many POS people now. They have even told banks to make their ATMs accept international cards to make it easier for foreigners to withdraw Naira from ATMs. Innovations are coming for ATM soon.

dapix:
See the financials of a N200 per shares company, it is well with us in this market o!!!

Proof of supposed NCR "Magic" (my perspective)

POINT 1
NCR moved from -₦20 to +~₦2 that's technically a +~₦22 EPS jump.


A substantial amount of its losses for 2024 FY was FX realised-losses NOT company operations.(check again).
NCR Q4, 2024 EPS alone was ₦4!! the FY 2024 losses diluted/downplayed the significance of this ₦4 EPS alone.
Pointing to a brighter 🔆 2025.


POINT 2
By my estimate on average in NGx:
A company with an EPS of ₦2 with a MOAT status and between 1-3bn OS will be trading at average of
x10<-->x15 of EPS.

Therefore, A company with an EPS of ₦2 like NCR with a MOAT status and with 0.1bn-0.3bn OS should therefore be trading at least average of x10 of x10 of EPS of those within 1bn-3bn OS= x100 EPS
Hence ₦2 EPS = ₦200 share Price
(The "scarcer" the share, the higher the Share price proportionality principle; subject to free float ).

POINT 3
Also, if NCR could make ₦4 in
quarter 4, 2024, it means it's normally projected annualized EPS aside FX losses should average ₦15-₦20 For FY.
Placing its share price between the x10-->x15 EPS range= 150-200 range.

The Almighty abracadabra of NCR from first principle...Proved

yMcy56:
The stock NCR moved from loss to profit in the FYE and made good revenue...
That's something
Also considering the OS which is just 108M, with the substantial shareholder's holding over 73% of it, I don't really see them releasing it just like that.....
The news of bonus issue may make it a toast the more...
That's how I viewed it.....
The fact remains that the stock stood out irrespective...... hopefully, Artleos will restructured it the more...😊

EggzackTLy

Heishere:
I spoke solely to what you wrote that you are projecting Naira to be at N1300 this week? I am saying that Naira got to 1,401 solely because dollar became weaker when compared with other currencies hence the Naira appreciation today is artificial and might not get to N1300 as no fundamentals is backing it. Maybe it's the "misleading" word that got you worked up but if somebody read your optimistic post without knowing the underlying factor would think we are heading to the right direction when we are not. I just have an itchy, moral obligation to correct blind sycophants of current government. No vex if you are not one of them.

You're the only one who is blind and lacks comprehension here if you interprete 13xx to mean 1300.

debeey87:
Looking at the numbers from NNFM Unaudited 9m results, what could have changed their earnings trajectory to a downward spiral from the previous year in an era where FCMG companies are constantly raising prices are churning out profits.

https://doclib.ngxgroup.com/Financial_NewsDocs/45802_N_NIG._FLOUR_MILLS_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JANUARY_2026.pdf

Any company with consistent low margins quarter on quarter is a red flag to me.
They can easily slide into loss due to low breathing space

nosa2:
Lets see how easy it will be to get out of this stock now.

Oga mi, people said more than this about BETAGLASS when it reached N200-230 but it went ahead to do 400+ thereafter....

Many factors could be responsible for the upward movement aside financials alone....

Even with BETAGLASS' N420 current price, my amateur's calculations based on the $100M is above this price considering Helios acquisition of FRIGOGLASS Nigerian stakes.....
* The acquisition announcement was able to move the price up to 400+

CARDTRONICS acquired 66.7M (61.76%) out of the 108M of NCR, anything can happen here too......people can Google CARDTRONICS...😊

EDUECO:
No
Your love for kalokalo stocks is unimaginable!

chimex38:
Proof of supposed NCR "Magic" (my perspective)

POINT 1
NCR moved from -₦20 to +~₦2 that's technically a +~₦22 EPS jump.


A substantial amount of its losses for 2024 FY was FX realised-losses NOT company operations.(check again).
NCR Q4, 2024 EPS alone was ₦4!! the FY 2024 losses diluted/downplayed the significance of this ₦4 EPS alone.
Pointing to a brighter 🔆 2025.


POINT 2
By my estimate on average in NGx:
A company with an EPS of ₦2 with a MOAT status and between 1-3bn OS will be trading at average of
x10<-->x15 of EPS.

Therefore, A company with an EPS of ₦2 like NCR with a MOAT status and with 0.1bn-0.3bn OS should therefore be trading at least average of x10 of x10 of EPS of those within 1bn-3bn OS= x100 EPS
Hence ₦2 EPS = ₦200 share Price
(The "scarcer" the share, the higher the Share price proportionality principle; subject to free float ).

POINT 3
Also, if NCR could make ₦4 in
quarter 4, 2024, it means it's normally projected annualized EPS aside FX losses should average ₦15-₦20 For FY.
Placing its share price between the x10-->x15 EPS range= 150-200 range.

The Almighty abracadabra of NCR from first principle...Proved

Are you just being sarcastic here?
eps for q4 2025 is a loss of about N4

debeey87:
Looking at the numbers from NNFM Unaudited 9m results, what could have changed their earnings trajectory to a downward spiral from the previous year in an era where FCMG companies are constantly raising prices are churning out profits.

https://doclib.ngxgroup.com/Financial_NewsDocs/45802_N_NIG._FLOUR_MILLS_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JANUARY_2026.pdf

That is their way. Consistency is never in their dictionary.

pluto09:
Are you just being sarcastic here?
eps for q4 2025 is a loss of about N4

You go fear bull market analysis

pluto09:
Are you just being sarcastic here?
eps for q4 2025 is a loss of about N4

I wrote q4 2024 not 2025. It's a ₦4 gain.(check again)

Q4 2025 is a loss of 39k.

------------------------------------------

Heishere:
The reason NCR is skyrocketing is because of future earning capacity. CBN released a circular that banks must have 1 ATM per 5000 cards by 2028. This means that there will be a proliferation of ATMs across the country soon, hence more revenue for NCR. It is also going to cost banks. The degree of the cost to banks will be determined by the deployment model they choose I believe. I don't why our regulatory frameworks are backward and always summersaulting.

So what is the need for POS services, if they would deploy more ATMs, I believe the cost of loading those ATMs will crazy, as seen in the past. CBN directive/circular can change anytime, so dont bank too much on it.

chimex38:
I wrote q4 2024 not 2025. It's a ₦4 gain.(check again)

Q4 2025 is a loss of 39k.

------------------------------------------

Una go still use this thing confuse unasef or na confirmation bias. From -22 to - 2 is 18 and not -22

Heishere:
The reason NCR is skyrocketing is because of future earning capacity. CBN released a circular that banks must have 1 ATM per 5000 cards by 2028. This means that there will be a proliferation of ATMs across the country soon, hence more revenue for NCR. It is also going to cost banks. The degree of the cost to banks will be determined by the deployment model they choose I believe. I don't why our regulatory frameworks are backward and always summersaulting.

Going by the recent Q4,2025 loss.

I assume:
They contract these deployment and maintenance services out whenever there's a requirement.
And they may not have a substantial dedicated team.
COGS almost always at par or exceeds revenue.

NCR still have low margins from the top line. Even loss on Gross profit like recent Q4.

They haven't proven that cost of maintenance, deployment of services of the Machines are harmonized and thus scalably cheap with more deployment.
Which isn't healthy.

https://www.youtube.com/watch?v=BcWAe-wLQX8

A few stocks I'd be watching in today's trading session

Agbalowomeri:
Una go still use this thing confuse unasef or na confirmation bias. From -22 to - 2 is 18 and not -22

Check again.
Y-o-Y, it's -20.11 to +1.82.
-20 to +2(approx.)

Agba wahala no too much, you want do jijo with NCR? Let people hold their NCR in peace na..

chimex38:
Check again.
Y-o-Y, it's -20.11 to +1.82.
-20 to +2(approx.)

Okay na approx sign you put

crownprince2017:
Agba wahala no too much, you want do jijo with NCR? Let people hold their NCR in peace na..

Na the methods we dey critique
Now wey Chimex don join gang wey dey value stock at 100x EPS

Tinubu Stumbles, Falls During Reception Parade In Turkey, Helped Up By Multiple Men https://search.app/NMUBX

Should this worry the market?

https://open.spotify.com/episode/40grlpVKyKRa99RBaURzG9

A few stocks I'd be watching closely in today's trading session. Pidgin English version.

Investors are already praising Loco for identifying CHAMS, NPF Microfinance, Neimeth, RT Briscoe early—stocks many ignored but which later delivered strong gains.
📌 Royal Exchange (Royalex) is now in that same early-call category.
This is not a stock to chase at the top, but one to accumulate patiently while it’s still undervalued.
Key points:
Balance sheet is steadily improving
Internal restructuring underway
Strategic and institutional confidence rising
New, credible leadership on the board
Stronger corporate governance
Insurance sector recovery gaining traction
Just as those past picks are remembered today, Royalex will be remembered in the next 12 months as another early call.
💎 Royalex is a value stock, not hype
💎 Smart money accumulates before the crowd
💎 No need to chase overpriced stocks
With fundamentals aligning and new leadership in place, Royalex is a strong ₦7–₦10 medium-term candidate.
📍 Accumulation season is now.
📍 Royalex is that stock.

nosa2:
You go fear bull market analysis

It is really crazy.
I understand a stock can attain any ridiculous price in a bull market with no tangible reason but the attempt to justify some ridiculous prices with some non-existing fundamentals is sickening to say the least.

Heishere:
It failed because CBN released a circular then that mandated banks to remove and stop installing ATMs offsite (outside of bank premises) and not because of insecurity. To break into ATM no be beans o. Now they are reversing that policy. I guess it's because of too many POS people now. They have even told banks to make their ATMs accept international cards to make it easier for foreigners to withdraw Naira from ATMs. Innovations are coming for ATM soon.

It was a policy from Sanusi out of bad belle then.

MUTUAL BENEFIT, AIICO & ROYALEX – INSURANCE WINNERS TO WATCH
🔵 Mutual Benefit Assurance Plc
Mutual Benefit is no longer just an insurance company.
Invested $64 million (₦96bn) in a producing oil asset
This gives the company dollar income and protection against naira weakness
Already exceeded recapitalisation requirements long before the June deadline
No need for emergency fund raising or dilution
The company is now focusing on:
Retail insurance, which is still largely untapped in Nigeria
Regional growth, with Niger Republic subsidiary now the 2nd largest insurer
📈 Bottom line:
Mutual Benefit is strong, diversified, and undervalued.
It has clear potential for major price re-rating going forward.
🟢 AIICO Insurance
AIICO remains one of the most stable insurance stocks on the NGX.
Strong position in Life insurance
Improved earnings and balance sheet
Better governance and consistency
📈 Bottom line:
AIICO is a solid long-term insurance play and should benefit from sector re-rating after recapitalisation.
🔴 Royal Exchange (ROYALEX)
Royalex is the turnaround stock.
Ongoing restructuring
Strategic investor interest
Improving balance sheet
Very cheap price gives high upside
📈 Bottom line:
Royalex is a patience stock with strong speculative upside.
Once restructuring is fully priced in, it can surprise positively.

nosa2:
You go fear bull market analysis

Lol..
NCR movements predates the bull period..