₦airaland Forum

emmanuelewumi:
It will take Zichis 15 years to logically attain a price of N42, assuming Zichis can maintain a compounded annualized earning growth of 20% for the next 15 years and a PE of 10.

This is based on organic growth

Imagine paying 2041 price in 2026.


That is why we have stocks that have been stagnant as per price for over a decade. Some are evenly sell below the price they sold in 2016

Redoil:
are you talking of LOCO and stockhunters promoting Royalex at N2 promising it will get to 100 withing 6months

mikeapollo:
Abeg, forget that hype!
The insurance sector in Nigeria is still fragile.
No one expected the industry to go down so low after the financial sector recapitalization in 2004/2006

True but with this current recapitalization,I doubt it honestly.

Oga Emma please I dey gbadun your analysis. Please some of us appreciate and recognise even though some think otherwise.
Dont stop sharing sir.

emmanuelewumi:
Price Book Value ratio of 71 is abnormal for an average stock.

Investors will lose money buying an over priced stock

UPDC REIT was listed at N10 in 2013, yours truly bought at between N1.80k and N3.00 few years ago, it was this week that UPDC REIT touched N10. It happened 13 years after it was listed

SFS REIT was listed at N100 in 2008, 13 years after patient investors bought the shares at N60 in 2021.


It is very important not to over pay for an investment, that is why valuation is important after making adjustments for earning growth

The bonus has been credited. You can only see it in your cscs account if you have one.

I am taking up my rights too but I dont know if its out.

With the bonus issue they scaled the recapitalization requirements.

sterlingD:
Is their right issue out meanwhile the bonus shares declared last year no news about it

faoogoke:
The bonus has been credited. You can only see it in your cscs account if you have one.

I am taking up my rights too but I dont know if its out.

With the bonus issue they scaled the recapitalization requirements.

When ? I have been on the neck of the registrars but l got tired of asking so l did not bother again.The delay was becoming tiring.l will check.

Regency Alliance scaled through with Bonus issue to shareholders.

Rights issue is to surpass the recapitalization requirement.

essentialone:
The Insurance Companies that their Recapitalisation is at Risk of a Merger and Acquisition, are likely to be:

1. Wapic Coronation Insurance Plc
2. International Energy Insurance Plc
3. Guinea Insurance Plc
4. Universal Insurance Plc
5. Sunu Assurances Nigeria Plc
6. Sovereign Trust Insurance Plc
7. Regency Alliance Insurance Plc

Stock picks has returned on this thread again.
This time around it's VFD ,JAPAULGOLD and ALEX.
These picks are mainly on TA/sentimentals.

Nobody stops TA when it is on duty.

Enjoy these 3 stocks based on what we are seeing on ground.

Abeg oooooo. No spoil the table na

emmanuelewumi:
Imagine paying 2041 price in 2026.


That is why we have stocks that have been stagnant as per price for over a decade. Some are evenly sell below the price they sold in 2016

emmanuelewumi:
It will take Zichis 15 years to logically attain a price of N42, assuming Zichis can maintain a compounded annualized earning growth of 20% for the next 15 years and a PE of 10.

This is based on organic growth

If they are able to acquire said land asset this yr and start their palm plantation aggressively by next year, I want to believe it will stabilizes and get there much faster than 15yrs.
(All things being equal)

Regency Alliance Insurance Plc is conducting a rights issue of 3,201,000,000 ordinary shares of 50 Kobo each at ₦0.95 Kobo per share, based on one (1) new share for every five (5) existing shares held, as of the qualification date of Friday, May 8, 2026.

Nigerian Exchange Group
+1
Key Details of the 2026 Rights Issue:
Qualification Date: Friday, 8 May 2026.
Ratio: 1 new share for every 5 existing shares held.
Price: ₦0.95 Kobo per share.
Amount: 3.201 billion ordinary shares, totaling approximately ₦3.04 billion.
Purpose: To raise capital to comply with the Nigerian Insurance Industry Reform Act 2025 (NIIRA) recapitalization deadline of July 30, 2026.
Proposed Timeline Reduction: The company is seeking to shorten the rights issue offer period from 28 days down to 10 days, according to a notice of an Extraordinary General Meeting (EGM) held on May 8, 2026.

emmanuelewumi:
I don't bother reading the mentions of some monikers. If I did I will be forced to reply and we will continue with an endless back and forth argument because me sef no dey gree.

The guy no gree, me sef no gree. But the people believe the figures I presented and probably knew I was making sense.

The next day, quite a number of them tried to exit the stock.

If not for that guy that tried to tackle me, it is possible Zichis might have reached N50

Where's the guy making long speech that it's not Oga Emma that caused the problem?
Hope you can read the bolded by yourself....Afromentalist or so..

Let's see how far you can continue to use "I no go gree" and stubbornness to destroy anything you don't stamp or agree to.
There's no amount of conviction anyone can give that you'll still agree....na you be government yourself.

Like OANDO, the stock will still end up shaming you.

chimex38:
If they are able to acquire said land asset this yr and start their palm plantation aggressively by next year, I want to believe it will stabilizes and get there much faster than 15yrs.
(All things being equal)

Do you know what it means to sustain a growth of 20% for 15 years, although I was referring to organic growth.

With smart and responsible use of leverage it is possible in 10 years

megawealth01:
Abeg oooooo. No spoil the table na

Check out the price of some of the insurance stocks in 2007 or the Oando shares we bought for about N100 at that time.

Consider time value of money, inflation and currency devaluation from 2007 to date

Even sooner than that. People buy existing assets that eventually become extremely successful within a short time and in addition to other patronages including privileges from those with decision or veto authorities (e.g. presidency). In Nigeria great wonders happen overnight... people like you have probably become billionaires due to these wonders..

emmanuelewumi:
Do you know what it means to sustain a growth of 20% for 15 years, although I was referring to organic growth.

With smart and responsible use of leverage it is possible in 10 years

Ding

yMcy56:
Where's the guy making long speech that it's not Oga Emma that caused the problem?
Hope you can read the bolded by yourself....Afromentalist or so..

Let's see how far you can continue to use "I no go gree" and stubbornness to destroy anything you don't stamp or agree to.

To be honest, you have to differentiate the reasons for entering a stock. It could be for investing, in which case fundamentals are key; for trading, where technical analysis is more important; or for gambling/speculation, where whoever is putting in money should apply much stricter risk management.

The problem with Oga Ema is that he seems to think investing and fundamentals are the only ways to make money and doesn’t want to acknowledge that people also profit from the other two approaches.

You also have an issue, you don’t seem to clearly distinguish between these three categories. Three days ago, when you were promoting Zichi, you presented it as a value play, which apparently it is not. Some beginners may follow that narrative and get burned. At those prices, Zichi is a high-risk speculative play.

Na my opinion ooo.

tayejay:
Even sooner than that. People buy existing assets that eventually become extremely successful within a short time and in addition to other patronages including privileges from those with decision or veto authorities (e.g. presidency). In Nigeria great wonders happen overnight... people like you have probably become billionaires due to these wonders..

The probability of that happening is 1% or less.

Out of over 200 million Nigerians, I don't think 2 million Nigerians running their businesses have that connection or access to such privileges.

Investing based on emotion, faith,.hope and unmerited favour hardly happens to the majority

yMcy56:
Where's the guy making long speech that it's not Oga Emma that caused the problem?
Hope you can read the bolded by yourself....Afromentalist or so..

Let's see how far you can continue to use "I no go gree" and stubbornness to destroy anything you don't stamp or agree to.
There's no amount of conviction anyone can give that you'll still agree....na you be government yourself.

Like OANDO, the stock will still end up shaming you.

He didn't cause the problem, he only contributed to the hastened unravelling of the problem

emmanuelewumi:
Do you know what it means to sustain a growth of 20% for 15 years, although I was referring to organic growth.

With smart and responsible use of leverage it is possible in 10 years

Yes, I agree. Organic growth alone..

That's why I am looking at the fruiting/harvest of their proposed palm produce within 7-9yrs if started early.
The growth rate will be more exponential at this stage.

The PE will definitely be re-rated higher at this stage by investors given the doings of the kings in the sector.

Agbalowomeri:
Na so you throway stray bullet reach my side
Baby calm down o (in Rema's voice)
Abi you buy Zichis ni

Person go play gamble come lose.He is crying over another person head.I wish una lose una roof join for gamble matter. Some of the post don even they sound like witchcraft for ear.
Go clear the offer and continue pushing the price up as ceo cash out at #36.You dey wait for maga to come buy at #43 since you get juju.sell your belongs and buy more now abi anyone say no buy.And come to think it.Do you expect anyone to come here and tell you anytime he sells something from his portfolio. Are you in partnership with the person. This free hand out people are getting here is making some now think. It is really thr right. Personally I sold some stocks last week to rebalance into something else. I don't owe it to anyone to say it here as you are not paying for my services

I wish she had not sold those 5,000,000 units. She could not even wait for a year, nawa o. Lesson learnt. The scam no be here.

chimex38:
Yes, I agree. Organic growth alone..

That's why I am looking at the fruiting/harvest of their proposed palm produce within 7-9yrs if started early.
The growth rate will be more exponential at this stage.

The PE will definitely be re-rated higher at this stage by investors given the doings of the kings in the sector.

How about if you decide to get land and plant your own fruits. Is that not equally an investment into that crop since it is now miracle tree that must end up successful. So because presco and okumu made it possible other such adventures have not failed in same palm farm in naija.Na just street sense I dey reason..lol

IamR:
I wish she had not sold those 5,000,000 units. She could not even wait for a year, nawa o. Lesson learnt. The scam no be here.

Another day another dumping.

She be learner na

IamR:
I wish she had not sold those 5,000,000 units. She could not even wait for a year, nawa o. Lesson learnt. The scam no be here.

emmanuelewumi:
Did you see the earning growth between last year and now.

Did you consider the massive investment by the government in infrastructure and that will continue for another 5 years and above.

Did you consider the planned listing on London Stock Exchange.

With the listing on London Stock Exchange, Dangote will be valued based on how regional multinational corporations are valued in the frontier market.

Did you also consider that Naira denominated assets are being revalued

Chatgpt believes Dangote Cement should be valued at between N2000 and N3000 based on this. Time will tell

I recall how you talked down on CCNN plc from circa N4+ to N17 thereabout and you made some people to miss the merger.Even after the merger, you kept demarketing it and most people didn't go close to Bua cement, you kept on promoting your Wapco based on fundamentals and how it would be second to Dangote Cement. I believe you are still marketing your Dangote and I believe it will get to the price you quoted based on sentiments.

deathwing:
Another day another dumping.

Don’t worry, they’ll pump it again. The dumping can continue down to ₦5–₦15, and then they’ll start pushing it back up. Till today, different versions of MMM-style schemes are still running.

It’s when you don’t understand why you’re entering a trade that you end up getting trapped.

chimex38:
Yes, I agree. Organic growth alone..

That's why I am looking at the fruiting/harvest of their proposed palm produce within 7-9yrs if started early.
The growth rate will be more exponential at this stage.

The PE will definitely be re-rated higher at this stage by investors given the doings of the kings in the sector.

I just pray emotions does not wunjure you even though the numbers are as clear as broad day light.

thebargainhunte:
I recall how you talked down on CCNN plc from circa N4+ to N17 thereabout and you made some people to miss the merger.Even after the merger, you kept demarketing it and most people didn't go close to Bua cement, you kept on promoting your Wapco based on fundamentals and how it would be second to Dangote Cement. I believe you are still marketing your Dangote and I believe it will get to the price you quoted based on sentiments.

You come to look for handout that is the only reason you didn't buy a stock. Why don't you hand over the fund to fund managers and stop wasting u time on something you don't want to learn...simple Even oga nosa can help you manage the fund..lol

deathwing:
Another day another dumping.

I beg make una no dey share this screenshot again.
I blame the CEO/MD. By now, Zichis would have been hovering around N50+

chimex38:
Yes, I agree. Organic growth alone..

That's why I am looking at the fruiting/harvest of their proposed palm produce within 7-9yrs if started early.
The growth rate will be more exponential at this stage.

The PE will definitely be re-rated higher at this stage by investors given the doings of the kings in the sector.

We are under rating what it means to have a compounded annualized growth rate of 20% for 15 years.

If a landlord increases the rent of a room of N1 million per annum by 20% every year for 15 years. The tenant will end up paying N15.4 million in the 15th year.

You also assume that competitors won't get market share from the current fringe players in the agricultural sector

thebargainhunte:
I recall how you talked down on CCNN plc from circa N4+ to N17 thereabout and you made some people to miss the merger.Even after the merger, you kept demarketing it and most people didn't go close to Bua cement, you kept on promoting your Wapco based on fundamentals and how it would be second to Dangote Cement. I believe you are still marketing your Dangote and I believe it will get to the price you quoted based on sentiments.

Thanks for this reminder.

I can't forget how 2 or 3 of us were shouting that time too.....
That this is a golden opportunity but he won't allow his sheep buy into it.
Till the last day of suspension of CCNN, it was on full offer @N18+ with none of them buying.

The same CCNN is now the BUACEMENT!!
The average price of the registrar's unit I have is around N13.
Shebi they're now comfortable pursuing it @350/400....

Funniest thing is that he will have it o, but will let them know the reasons they shouldn't buy.

My issue with him is that he's not always open to another person's view no matter how you try to justify it...
Thinking it's only fundamentals that works in the market, even at this present age.

I don rest my case.....

He should know it's not only ZICHIS I have...
Will average down at the right time....
Could be a blessing in disguise self....so continue.