₦airaland Forum

NGX also does abracadabra. Imagine GUINNESS chasing N500 and the likes of IB NB CHAMPION still trading at ridiculous levels comparatively. Accumulation greed and shake-out game no be here.

ositadima1:
Another thing before I go to sleep: the NGX is quite slow to react to news and fundamentals, both negative and positive. That is one big secret.

If a stock is going to make a strong move, the kind that “enters the bus and locks the doors”, it would have given signals long before. In my six years in the NGX, I have never seen a stock just zoom like that. It will first “shake its body” and call for passengers before moving. The problem is that when it is calling, most of us do nothing because of fear and uncertainty. By the time it starts moving, it’s already too late, or it has gone too far.

I bought Zenith between 17 and 20 on average, and I saw it hit its milestones one after another, each with clear warnings. I saw it get to 30, then 40, 60, 80, 100, etc. None of those moves were sudden, each level gave ample time for entry. That is the beauty of the NGX.

nosa2:
When I was screaming that it was cheap at 38 una dey argue. When I was screaming it was cheap at 60 people said bank money is fake money. Now people are recommending it at 90-100+

All I can say is.... Did you buy some ETI today?

okay I don hear. I go load some again Monday

I will also exit some oando and buy eti. I no de understabd megawealth01 political calculation again on oando

MODESTY2024:
NGX also does abracadabra. Imagine GUINNESS chasing N500 and the likes of IB NB CHAMPION still trading at ridiculous levels comparatively. Accumulation greed and shake-out game no be here.

I think dilution is why NB for instance is lagging Guinness. Fx did them dirty.

I laugh at the bolded...

Not completed ≠ Failed woefully

"Total Liabilities: Total liabilities increased by 189.5% to ₦7.83 billion (31 July 2024: ₦2.70 billion) primarily due to the recognition of ₦7.08 billion in related-party payables arising from subscription monies received in connection with the public offer that was not completed."

Agreed. But the disparity is too much. Other factors as mentioned are in play

NSEstudent:
I think dilution is why NB for instance is lagging Guinness. Fx did them dirty.

Prof, kindly illustrate with current market examples.

ositadima1:
Another thing before I go to sleep: the NGX is quite slow to react to news and fundamentals, both negative and positive. That is one big secret.

If a stock is going to make a strong move, the kind that “enters the bus and locks the doors”, it would have given signals long before. In my six years in the NGX, I have never seen a stock just zoom like that. It will first “shake its body” and call for passengers before moving. The problem is that when it is calling, most of us do nothing because of fear and uncertainty. By the time it starts moving, it’s already too late, or it has gone too far.

I bought Zenith between 17 and 20 on average, and I saw it hit its milestones one after another, each with clear warnings. I saw it get to 30, then 40, 60, 80, 100, etc. None of those moves were sudden, each level gave ample time for entry. That is the beauty of the NGX.

Source: TheCable
https://share.google/IOdbOqD5ug8XvwfnG

EXCLUSIVE: FG cuts tariffs on cars, palm oil, sugar in new fiscal policy measures

Sad. There goes the capital of those who invested in backwards integration.

Yoursfaithful:
Source: TheCable
https://share.google/IOdbOqD5ug8XvwfnG

EXCLUSIVE: FG cuts tariffs on cars, palm oil, sugar in new fiscal policy measures

IB N51 billion post tax profit. Obvious reason for sustained accumulation and shake-out game. Na wa. Make una rally the share price go where e suppose dey and quit the greedy accumulation at ridiculous low price.

https://www.premiumtimesng.com/news/headlines/870836-nigerias-second-biggest-beer-maker-posts-n51-billion-profit-after-seven-years-of-loss-making.html

Monibabakan:
Some of us had the same assumption when we sold UCAP @ sub N10, NAHCO @ sub 30 and Fidson at sub N20, Chams @ N0.23k, just to mention a few, then and hoping to re-enter, the rest they say is history Best wishes anyway

You got the message wrong, no one is telling you to sell and re -enter a quality stock, it never works for a stock one is holding for long. I am only talking about an opportunity to buy more for less. Keep your holding tight and prepare to buy more for less soon post qualification date.

Yoursfaithful:
Source: TheCable
https://share.google/IOdbOqD5ug8XvwfnG

EXCLUSIVE: FG cuts tariffs on cars, palm oil, sugar in new fiscal policy measures

Why cars and not tractors?

Raider76:
Sad. There goes the capital of those who invested in backwards integration.

Inconsistent policy effect.

It started with Rice farmers and processors after locals went into the business.

Citizens dwindling purchasing power and hardship is giving the FG pressure. So they probably 've to cushion the effect with imports..
Especially as elections are around the corner.

Implications of the new policy

The steel tariff cuts (35% across the board) compress margins for listed manufacturers like Dangote and BUA who rely on import duty protection. Watch those stocks.

But the flip side: zero tariffs on agricultural and manufacturing machinery slash costs such that companies investing in expansion get cheaper equipment immediately.

Sugar and rice reductions will hit Dangote sugar, BUA Foods and Flour Mills etc. hardest. Their pricing power shrinks the moment cheaper imports land. Short-term pressure on earnings is real.

Zero tariff on cargo ships signals a logistics push. Ports and freight plays could benefit.

For Nigerians at large,
Rice, salt, sugar, and palm oil tariffs all dropped. That should ease food prices. It only works if importers pass the savings down rather than pocket the margin. With naira volatility still in the picture, the relief may be partial.

Construction gets cheaper: tiles and steel bars are both down. Anyone building or renovating sees real cost reduction.
Surgical theatres at 5% from 20% is a quiet win for healthcare infrastructure.

The green tax exemptions for EVs, mass transit buses, and small-engine cars nudge transport toward affordability and cleaner options, but the EV market in Nigeria is still nascent, so this is a long game.

Source: The cable, https://share.google/IOdbOqD5ug8XvwfnG

Monibabakan:
Some of us had the same assumption when we sold UCAP @ sub N10, NAHCO @ sub 30 and Fidson at sub N20, Chams @ N0.23k, just to mention a few, then and hoping to re-enter, the rest they say is history Best wishes anyway

It makes no sense selling a stock and re-entering the same stock. You would have lost your compounding. No matter the price you sold, you can never get the opportunity to enter the stock the price you initially entered it. If you are a trader you can go in and out of any stock as many times as possible. But if you are an investor you have no business moving in and out of a good investment. You will simply be making a fortune for your broker.

I have threaded this path in the past and I know what I am talking about. Hence, I have some stocks in my portfolio that come rain come sunshine i remain in them. Though, all this depends on your investment objectives. Though, I have one brokage account. In the same portfolio some stocks are for long term, some are for dividend and some are for trading. I pencil all this down as I am buying the stocks. Though, I have recently been thinking of separating this accounts so that each portfolio will have a different objectives. With this it will help me to know what am making in each area of my classification. But, when all is lumped in one portfolio it will take me some time to aggregate to know which is doing what.


Lesson learnt: You must have clear cut investment objectives for any stock you buy. It helps you take clear cut decisions

of all things in the report this highlights shows they are trying to scare some people of this stock

KarlTom:
I laugh at the bolded...

Not completed ≠ Failed woefully

"Total Liabilities: Total liabilities increased by 189.5% to ₦7.83 billion (31 July 2024: ₦2.70 billion) primarily due to the recognition of ₦7.08 billion in related-party payables arising from subscription monies received in connection with the public offer that was not completed."

MODESTY2024:
NGX also does abracadabra. Imagine GUINNESS chasing N500 and the likes of IB NB CHAMPION still trading at ridiculous levels comparatively. Accumulation greed and shake-out game no be here.

No Abracadabra in GUINESS. Diageo left due to FX wahala. New investors went in and pump in money into the company, hence thw turnaround.

Niyijac:
Implications of the new policy

The steel tariff cuts (35% across the board) compress margins for listed manufacturers like Dangote and BUA who rely on import duty protection. Watch those stocks.

But the flip side: zero tariffs on agricultural and manufacturing machinery slash costs such that companies investing in expansion get cheaper equipment immediately.

Sugar and rice reductions will hit Dangote sugar, BUA Foods and Flour Mills etc. hardest. Their pricing power shrinks the moment cheaper imports land. Short-term pressure on earnings is real.

Zero tariff on cargo ships signals a logistics push. Ports and freight plays could benefit.

For Nigerians at large,
Rice, salt, sugar, and palm oil tariffs all dropped. That should ease food prices. It only works if importers pass the savings down rather than pocket the margin. With naira volatility still in the picture, the relief may be partial.

Construction gets cheaper: tiles and steel bars are both down. Anyone building or renovating sees real cost reduction.
Surgical theatres at 5% from 20% is a quiet win for healthcare infrastructure.

The green tax exemptions for EVs, mass transit buses, and small-engine cars nudge transport toward affordability and cleaner options, but the EV market in Nigeria is still nascent, so this is a long game.

Source: The cable, https://share.google/IOdbOqD5ug8XvwfnG

Why I like markets is that if an importer doesn’t bring down his prices on time, another importer would do that and gain a better share of the market, forcing the first importer to bring down his prices eventually in order to save his market share. But this happens only when there is no monopoly or oligopoly. Where the market is allowed to play out with different players.

Agreed. Na IB NB CHAMPION dey do abracadabra

gabscity:
No Abracadabra in GUINESS. Diageo left due to FX wahala. New investors went in and pump in money into the company, hence thw turnaround.

Are BUA and Dangcem into manufacturing of steel?

Niyijac:
Implications of the new policy

The steel tariff cuts (35% across the board) compress margins for listed manufacturers like Dangote and BUA who rely on import duty protection. Watch those stocks.

But the flip side: zero tariffs on agricultural and manufacturing machinery slash costs such that companies investing in expansion get cheaper equipment immediately.

Sugar and rice reductions will hit Dangote sugar, BUA Foods and Flour Mills etc. hardest. Their pricing power shrinks the moment cheaper imports land. Short-term pressure on earnings is real.

Zero tariff on cargo ships signals a logistics push. Ports and freight plays could benefit.

For Nigerians at large,
Rice, salt, sugar, and palm oil tariffs all dropped. That should ease food prices. It only works if importers pass the savings down rather than pocket the margin. With naira volatility still in the picture, the relief may be partial.

Construction gets cheaper: tiles and steel bars are both down. Anyone building or renovating sees real cost reduction.
Surgical theatres at 5% from 20% is a quiet win for healthcare infrastructure.

The green tax exemptions for EVs, mass transit buses, and small-engine cars nudge transport toward affordability and cleaner options, but the EV market in Nigeria is still nascent, so this is a long game.

Source: The cable, https://share.google/IOdbOqD5ug8XvwfnG

Are you not scared? 🤔

Several people made similar statements when the SP was ₦17+...

new4peter:
of all things in the report this highlights shows they are trying to scare some people of this stock

chimex38:
Inconsistent policy effect.

It started with Rice farmers and processors after locals went into the business.

Citizens dwindling purchasing power and hardship is giving the FG pressure. So they probably 've to cushion the effect with imports..
Especially as elections are around the corner.

"Inconsistent policy effect".

There is no policy that will not favour some and wunjor others. Like they say, it is what it is.
One might argue that it is needed for political expediency especially since elections are coming but the truth is, cushion at any point in time is what Nigerians want irrespective of where it is coming from.

Yoursfaithful:
Source: TheCable
https://share.google/IOdbOqD5ug8XvwfnG

EXCLUSIVE: FG cuts tariffs on cars, palm oil, sugar in new fiscal policy measures

Good one....

Total liabilities grew by N5.1bn, while total assets grew by N3.7bn (with a cash balance of N3bn) at YE2025.

What then was the "deposit from related parties" of N7bn used for? To execute the POffer?

KarlTom:
I laugh at the bolded...

Not completed ≠ Failed woefully

"Total Liabilities: Total liabilities increased by 189.5% to ₦7.83 billion (31 July 2024: ₦2.70 billion) primarily due to the recognition of ₦7.08 billion in related-party payables arising from subscription monies received in connection with the public offer that was not completed."

jonnysessy:
It makes no sense selling a stock and re-entering the same stock. You would have lost your compounding. No matter the price you sold, you can never get the opportunity to enter the stock the price you initially entered it.

@ bolded..
It doesn't need to fall below your initial entry price or BE.
but fall enough to a price to accumulate more shares.
That is the COMPOUNDING EFFECT.

you can say it's very risky and one can miss the bus entirely(uncertainty). Not that it doesn't make sense. It makes sense cuz works for some people.

@KarlTom has posted a practical example on this.

The trick is such stocks with usually strong fundamentals are usually going through a temporary weak fundamental phase(negative Retained earnings, share dilution, poor or no dividend, Govt policy effect, etc..).

Or during a time of general market bulk where PE ratios seem high enough not to be justified.

It will make such stocks retract a bit if not necessarily to your BE point, but enough to Compound your volume if you sold at their high end.

Focus should be on Incresead share volume where possible rather than maintaining a Low BE.

mikeapollo:
First Bank will hook Access for throat! Access cannot swallow (acquire) First Bank

access bank need to slow down. E don dey turn to gluttony.

new4peter:
of all things in the report this highlights shows they are trying to scare some people of this stock

Omo if you cannot see that Ella lake is high stake gambling with this result, then I don't know the parameter you use to evaluate business.

Looking at the five-year summary of the financial result, the losses have been consecutively increasing.
2021
₦309m
2022
₦563m
2023
₦1.01bn
2024
₦893m
2025
₦3.86bn
Why would any sane person buy such a company. This is more than gambling sef

chimex38:
@ bolded..
It doesn't need to fall below your initial entry price or BE.
but fall enough to a price to accumulate more shares.
That is the COMPOUNDING EFFECT.

you can say it's very risky and one can miss the bus entirely(uncertainty). Not that it doesn't make sense. It makes sense cuz works for some people.

@KarlTom has posted a practical example on this.

The trick is such stocks with usually strong fundamentals are usually going through a temporary weak fundamental phase(negative Retained earnings, share dilution, poor or no dividend, Govt policy effect, etc..).

Or during a time of general market bulk where PE ratios seem high enough not to be justified.

It will make such stocks retract a bit if not necessarily to your BE point, but enough to Compound your volume if you sold at their high end.

Focus should be on Incresead share volume where possible rather than maintaining a Low BE.

Correct. Provided you have more funds to buy more units than originally held

Sunrisepebble:
Are BUA and Dangcem into manufacturing of steel?

They are into manufacturing but require steel for expansion and major construction

chimex38:
@ bolded..
It doesn't need to fall below your initial entry price or BE.
but fall enough to a price to accumulate more shares.
That is the COMPOUNDING EFFECT.

you can say it's very risky and one can miss the bus entirely(uncertainty). Not that it doesn't make sense. It makes sense cuz works for some people.




@KarlTom has posted a practical example on this.

The trick is such stocks with usually strong fundamentals are usually going through a temporary weak fundamental phase(negative Retained earnings, share dilution, poor or no dividend, Govt policy effect, etc..).

Or during a time of general market bulk where PE ratios seem high enough not to be justified.

It will make such stocks retract a bit if not necessarily to your BE point, but enough to Compound your volume if you sold at their high end.

Focus should be on Incresead share volume where possible rather than maintaining a Low BE.

You explanation is noted. But, i will prefer we are a bit more practical and use some specifics. Let take Zenith for example 1. Maybe, you exited at N100 thinking that there is no more upside ( remember, no one knows the highest a stock can go before it retraces). Now, in the market today Zenith is now N112. Please, how can you get back to your initial position as the stock is not showing signs of slowing down.

Another example is Seplat, in fact, i sold @ N7,500 because my average price was N5000. I was hoping it will drop to N6500, so that i can use the same money to acquire more units. But, unfortunately for me it is soaring higher. I can't use my proceeds to get back my position. The same Seplat is closer to N10,000 per unit than the N7,500 I sold. I eventually used the money to enter another stock.

So how does it compress their margins if steel is cheaper. I don’t understand

Niyijac:
They are into manufacturing but require steel for expansion and major construction

Streetinvestor2:
It is not old dividend I believe. I got the alert at my gtbank from sterling registrar and I have held japaul shares over 12 yrs of sec rule for dividend so I believe it was the dividend they declared since 2022 financial yr but thr was no payment date fixed. I sold all my japaul this January.

I did not say the dividend was for 2023 financial yr because I dont think any dividend was declared

How do you go about reclaiming Japan shares bought under sterling registrars, my mum bought it for me as a child, it’s been impossible trying to reach them so I can claim dividends