₦airaland Forum

zendi:
I checked out the bolded and it does not seem positive.
It could mean, "you too talk", but I will let it pass.

shalaye could also mean explaining, Positive.

unite4real:
Let me use one basic metric among others. the P/E ratio

MEYER.
CMP N19
EPS N1.11
PE RATIO 17.27X

BERGER P.
CMP N60
EPS N5.12
PE RATIO 11.72X

CAP.
CMP N79.50
EPS N7.51
PE RATIO 10.58X

Thanks for reverting
.....but EPS and PE Ratio should not be the only metrics for calculating the fair or intrinsic value of a stock.......abi na my night school no teach me complete?

Where's my Oga @CP self?
His bedsheet will peruse the entire results and come out with undisputed fair value.....🎊🎉

unite4real:
Let me use one basic metric among others. the P/E ratio

MEYER.
CMP N19
EPS N1.11
PE RATIO 17.27X


BERGER P.
CMP N60
EPS N5.12
PE RATIO 11.72X


CAP.
CMP N79.50
EPS N7.51
PE RATIO 10.58X

Can you also try the Enterprise Value/Earning Before Interest and Taxes


Unilever PE is over 17, but the EV/ EBIT is 6.45

zendi:
I checked out the bolded and it does not seem positive.
It could mean, "you too talk", but I will let it pass.

No. You too dey explain

yMcy56:
Thanks for reverting
.....[b]but EPS and PE Ratio should not be the only metrics for calculating the fair [/b]or intrinsic value of a stock.......abi na my night school no teach me complete?

Where's my Oga @CP self?
His bedsheet will peruse the entire results and come out with undisputed fair value.....🎊🎉

That is why i said one of the metrics among others.

GTBank quoting 1350 buy on USD.

It looks like my 13xx will eventually happen today.

Price doing the talking ....anything can happen from 11-13 as price is in 5th of a 5th wave......

emmanuelewumi:
Can you also try the Enterprise Value/Earning Before Interest and Taxes


Unilever PE is over 17, but the EV/ EBIT is 6.45

Why Unilever?
The guy is comparing stocks in the same sector and he has decided to use pe which is very simple and easy to use.
You can also help us to compare the 3 stocks mentioned using another ratio.

yMcy56:
Wasnt that RI and private placement?
I'm referring to Public Offer, not sure though, just guessing....

The pumping could be for Private Placement then....

Yes I think you are correct. They may want to do either PO or PP at a higher price because the RI was oversubscribed and they returned back funds to me from my extra purchase during the RI which means they probably don't want to sell that low

unite4real:
That is why i said one of the metrics among others.

Oh ok.
We needed a comprehensive and more detailed comparison of the stocks in the sector.
It will assist investors in decision making and to be well informed too.
Thanks.

emmanuelewumi:
You too dey explain

It seems my life is like that.

If I start eating in a restaurant 5 mins before you enter, I will still be eating by the time you leave. Reason: I must chew every grain of rice properly whereas some people seem to just roll the rice around a bit in their mouth and swallow.

At home, and in restaurants, people joke that I splash too much water about on the table in the process of washing my two hands properly before and after eating eba or other swallows, not out hygiene consciousness but just personal habit of wasting time trying to get things perfect.

I don't know how a psychologist would analyse these things.

I was never a teacher, who knows how I would have wasted time to explain things to my students.

Okay, look at all I've just typed in response to your little remark instead of responding with a short one-liner like Agba.

unite4real:
it is more expensive compared to its peers. CAP now the cheapest, followed by Berger paint.

Absolutely. Meyer Paints is far too expensive using the AM model and comparing to sector peers. Both CAP and Berger paints have about same multiple indicating that at current prices market sees no difference between both.

ojeysky:
Yes I think you are correct. They may want to do either PO or PP at a higher price because the RI was oversubscribed and they returned back funds to me from my extra purchase during the RI which means they probably don't want to sell that low

Good to hear they returned excess bid for more rights

PropTrader:
Absolutely. Meyer Paints is far too expensive using the AM model and comparing to sector peers. Both CAP and Berger paints have about same multiple indicating that at current prices market sees no difference between both.

We are all still talking books self.
What can we say about other stocks selling way above their peers, book values or any metric for that matter?
Once the happening guys reason am, we'll all see it repriced closer to its peers in the sector. 😊

MEYER OS: 531M
BERGER OS: 289M
CAP OS: 815M

Yes, revenue may varies but it's share price looking at market events is way lower than others in the group.......
Street/Pumping analysis 😁

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +2.15%

pluto09:
Why Unilever?
The guy is comparing stocks in the same sector and he has decided to use pe which is very simple and easy to use.
You can also help us to compare the 3 stocks mentioned using another ratio.

Just trying to say the stock with the lowest PE might have the highest EV/EBIT, due to high debt and little cash

mikeapollo:
Unity Bank is still under suspension, although CBN has approved their merger with Providus Bank.
So watch our for when Providus Bank comes for PO or listing on the NGX.

thank you

pluto09:
Why Unilever?
The guy is comparing stocks in the same sector and he has decided to use pe which is very simple and easy to use.
You can also help us to compare the 3 stocks mentioned using another ratio.

You're right 💯💯💯

emmanuelewumi:
Just trying to say the stock with the lowest PE might have the highest EV/EBIT, due to high debt and little cash

But it would have been more helpful if you did the comparisons sir.

awesomeJ:
But it would have been more helpful if you did the comparisons sir.

I don't have the stocks..

I don't waste my time, energy and expertise on stocks I don't have

SonofElElyonRet:
No. You too dey explain

Ojukwu wrote in the condolence register that Awolowo was the greatest President Nigeria never had.

In my case, I'm alive and and strong, but it may be from the above that I am the greatest teacher, or pastor, that Nigeria has missed.

Those people are great at explaining.

yMcy56:
We are all still talking books self.
What can we say about other stocks selling way above their peers, book values or any metric for that matter?
Once the happening guys reason am, we'll all see it repriced closer to its peers in the sector. 😊

MEYER OS: 531M
BERGER OS: 289M
CAP OS: 815M

Yes, revenue may varies but it's share price looking at market events is way lower than others in the group.......
Street/Pumping analysis 😁

Fair point you made in a previous post that a market participant can't use one metric to reach an investment decision.

A rising tide floats all boats just like a price uptrend in the market pulls along many stocks. Sometimes you dont even need any metric to take a position as long as the person is clear that s/he is speculating and maintains the same mindset for the live of that position.

Some other interesting stats about paint manufacturers

Return on Invested Capital - Berger 26.2%, CAP 34.3%, Meyer 9.2%
EPS - Berger N5.12, CAP N7.47, Meyer N1.10
FCF/Share - Berger N7.02, CAP N7.02, Meyer N0.78

emmanuelewumi:
I don't the stocks..

I don't waste my time, energy and expertise on stocks I don't have

Okay sir.

From what PropTrader dropped above this post, ^^^ even the metric you suggest will see them come out last.

Finally:
Naira closed at 1396.99 today.

🎉🎉

Next we await strengthening below 1350.

zendi:
Ojukwu wrote in the condolence register that Awolowo was the greatest President Nigeria never had.

In my case, I'm alive and and strong, but it may be from the above that I am the greatest teacher, or pastor, that Nigeria has missed.

Those people are great at explaining.

You must be 21

Na only GenZ fit understand my drift

jckgroup1:
Regalins is out too

Kai this is not good o....Insurance cost basically gulped all their revenue, they must have gotten serious claims.

Agbalowomeri:
You must be 21

Na only GenZ fit understand my drift

Given your reputation, your drift is not difficult to understand.

My first son is 22, but I could snatch his girl friend if not for the grace of self discipline.

zendi:
Given your reputation, your drift is not difficult to understand.

My first son is 22, but I could snatch his girl friend if not for the grace of self discipline.

You cannot understand. Don't even try

awesomeJ:
Finally:
Naira closed at 1396.99 today.

🎉🎉

Next we await strengthening below 1350.

It doesn't include their debt and cash positions

https://open.spotify.com/episode/0KdYTcYYJJqI1DynrdC0hx

A summary of today's trading session on the NGX

emmanuelewumi:
It doesn't include their debt and cash positions

You quoted the wrong post sir.
But from what he posted, I can make such inference lazily -That MEYER will get be the laggard.

Bitcoin /USD is down 6.7%
USd / naira is down 2%

Double wahala for people that bought Bitcoin with naira.