₦airaland Forum

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emmanuelewumi:
Presco that they will queue to buy at N3000 by October 2026

WALE thanks Sir

Abeg help us fast Sir

KarlTom:
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +6.04%
SEPLAT. ±

nosa2:
Based on current earnings it is expensive. Now that earnings are expected to drop you think a 50% drop is out of it? Lets see how earnings pan out this year before calculating fair value

PRESCO you should have just bought and taken position swiftly. If you did, you wouldn't be so anti-Presco.
You go pack your kaya for ETI wer no dey pay dividends.
NGX responds to dividends o. Welcome back to NGX
My brotherly advice: Better take profit from ETI before dividend season sha

Why sell Zenith for ETI sef? hmm. To each his own

Just imagine Alhaji no build refinery

GeneralDae:
Middle East shock gives Dangote Refinery leverage as cheap imports dry up

23 Mar 2026

Nigeria's exports ​of gasoline, diesel, kerosene & jet fuel have ​risen to about 214k bpd so far in March from ⁠an average 100k bpd in Feb

Reuters

Today's TOP VOLUME TRADES

Tried to double check my layman's forecast with that of Chatgpt

Really?

deathwing:
Na school fees o Almost at my cost basis (been buying almost everyday) but we are here for the longterm. It will be worth it when MTN enters 1k.

megawealth01:
Just imagine Alhaji no build refinery

Na straight to Tinubus house for lag or NNPC GMD dormot for Abj...

Na queue we go kuku queue for there.

Prosper307:
PRESCO you should have just bought and taken position swiftly. If you did, you wouldn't be so anti-Presco.
You go pack your kaya for ETI wer no dey pay dividends.
NGX responds to dividends o. Welcome back to NGX
My brotherly advice: Better take profit from ETI before dividend season sha

Why sell Zenith for ETI sef? hmm. To each his own

ETI is the most illiquid banking stock.

JAIZ and STERLING are even more liquid than it is.

Should even be trading not too far from ACCESS

megawealth01:
WALE thanks Sir

Abeg help us fast Sir

The way you are sounding about Wale recently, it seems very suspicious to me. It is unlike you.
Please let out the gist if you know or heard something.

Waiting for MTN around 500 to 550, went down today to 703. After qualification date it will come down on 9th April . May will bring down most stocks to reasonable prices

Prosper307:
PRESCO you should have just bought and taken position swiftly. If you did, you wouldn't be so anti-Presco.
You go pack your kaya for ETI wer no dey pay dividends.
NGX responds to dividends o. Welcome back to NGX
My brotherly advice: Better take profit from ETI before dividend season sha

Why sell Zenith for ETI sef? hmm. To each his own

No worry about me, I like to lose money.

Meanwhile all this na bull market talk, let us be watching. I have had this argument several times on this forum and all I will say is I am laughing in Bini

unite4real:
ETI is the most illiquid banking stock.

JAIZ and STERLING are even more liquid than it is.

Should even be trading not to far from ACCESS

That only means when the full bid starts una no go see buy. And guess what, I wont be selling!

nosa2:
That only means when the full bid starts una no go see buy. And guess what, I wont be selling!

to be honest, i would have bought close to 40 stocks on the exchange before looking at ETI

WALE is here so I'm begging him to allow OANDO breeet

mikeapollo:
The way you are sounding about Wale recently, it seems very suspicious to me. It is unlike you.
Please let out the gist if you know or heard something.

Really?

ogawisdom:
Waiting for MTN around 500 to 550, went down today to 703. After qualification date it will come down on 9th April . May will bring down most stocks to reasonable prices

unite4real:
to be honest, i would have bought close to 40 stocks on the exchange before looking at ETI

Great. That's why this game is not a team sport.

I love being on team foolishness

It will not be funny sha

chimex38:
Na straight to Tinubus house for lag or NNPC GMD dormot for Abj...

Na queue we go kuku queue for there.

We also forgot that Presco had debt of over N160 billion in 2025, finance expenses in 2025 was N43 billion.

The business is now deleveraged, the plantation is now bigger.

Even if price of their products fail, I still expect a minimum growth of 25% in their earnings when compared with Q1 2025

nosa2:
Great. That's why this game is not a team sport.

I love being on team foolishness

you are right

The effects of the N250 billion raised by Presco through right offer in December 2025 will be seen in the Q1 financials that will be out in the next 3 weeks

unite4real:
to be honest, i would have bought close to 40 stocks on the exchange before looking at ETI

Left GTCO, ZENITH, NAHCO, ARADEL, PRESCO, WAPCO, DANGCEM, SEPLAT, etc.

Left these real pillars, to go ETI.

Well, to each his own, make Nosa sha remember say NGX is a "unique animal", according to one guy like that.

We sabi say na OG e be sha, but be cautious with banking valuation, and moderate expectation of capital appreciation especially for a bank like ETI wer no de poo or vomit dividends.

deathwing:
MTN trading at 704

It's going down after 9th April, qualification day, though short term, if you are in for long-term just buy more. I will buy more only below 600, preferably 500 to 550

emmanuelewumi:
The effects of the N250 billion raised by Presco through right offer in December 2025 will be seen in the Q1 financials that will be out in the next 3 weeks

You sabi ball sir. Q1 go shock some people wer no sabi the business. No need for plenty talk.

Prosper307:
Left GTCO, ZENITH, NAHCO, ARADEL, PRESCO, WAPCO, DANGCEM, SEPLAT, etc.

Left these real pillars, to go ETI.

Well, to each his own, make Nosa sha remember say NGX is a "unique animal", according to one guy like that.

We sabi say na OG e be sha, but be cautious with banking valuation, and moderate expectation of capital appreciation especially for a bank like ETI wer no de poo or vomit dividends.

Oh no i didnt. I bought GTCO at 38. Bought Zenith at N60 and now bought ETI at N46.

Each time the reaction from my fellow market participants was the same. And each time I laughed in Bini

emmanuelewumi:
We also forgot that Presco had debt of over N160 billion in 2025, finance expenses in 2025 was N43 billion.

The business is now deleveraged, the plantation is now bigger.

Even if price of their products fail, I still expect a minimum growth of 25% in their earnings when compared with Q1 2025

Beyond price, there's been real volume expansion. Presco is achieving serious volume expansion this year expecially from SNL (rivers) and Ato (edo). The focus is on expanding volumes of CPO, RBDO, Stearin, Olein, CPKO, along with other monetized by-products like PFAD and palm kenel cake PKC. These guys aren't supplying supermarkets, they are supplying industries. B2B.

Hold your PRESCO tight. It is a retirement stock.

Prosper307:
You sabi ball sir. Q1 go shock some people wer no sabi the business. No need for plenty talk.

Over optimism is sometimes not good.

By the time you account for the impact the high cost of diesel will have on their bottom line together with fall in aggregate demand by consumers you'll be shocked that you don't see the results you expected.

The company itself has tappered down their expectations but una still no wan hear.

You forget that Q1 is always slow for such business as the yuletide has ended. Add all the other negative macro events taking place and you'll see that the possibility of the stock retracing heavily is not far fetched.

Well, time is always a great teacher. Let's wait and see

Joyful365:
Over optimism is sometimes not good.

By the time you account for the impact the high cost of diesel will have on their bottom line together with fall in aggregate demand by consumers you'll be shocked that you don't see the results you expected.

The company itself has tappered down their expectations but una still no wan hear.

You forget that Q1 is always slow for such business as the yuletide has ended. Add all the other negative macro events taking place and you'll see that the possibility of the stock retracing heavily is not far fetched.

Well, time is always a great teacher. Let's wait and see

you don miss am. Q1 is usually the best quarter. It is very important to understand the business before you invest

ogawisdom:
It's going down after 9th April, qualification day, though short term, if you are in for long-term just buy more. I will buy more only below 600, preferably 500 to 550

Been buying everyday. Third weighting in my portfolio after Aradel and Presco. I’m good with 25% gains by year end, in dollar terms.

Prosper307:
Beyond price, there's been real volume expansion. Presco is achieving serious volume expansion this year expecially from SNL (rivers) and Ato (edo). The focus is on expanding volumes of CPO, RBDO, Stearin, Olein, CPKO, along with other monetized by-products like PFAD and palm kenel cake PKC. These guys aren't supplying supermarkets, they are supplying industries. B2B.

Hold your PRESCO tight. It is a retirement stock.

Abi make me dey advise you to hold your Presco

deathwing:
Been buying everyday. Third weighting in my portfolio after Aradel and Presco. I’m good with 25% gains by year end, in dollar terms.

Dollar terms..
I like your style..

chimex38:
Dollar terms..
I like your style..

Yes, if it doesn’t make sense in dollars, it doesn’t make sense at all. Naira is just the avatar for my dollars. I’m sha hoping for 1k by year end for MTN