kolaish:
Take it easy. Stock brokers are not fraudsters. Whenever they are through with the dematerialization, you will be duly informed. At times, they encounter problems/delay with registrars of companies.

hehehe.It is not easy trusting someone u don't know with money.I didn't know that it does take that much time to process.I was thinking that should be around one week,but i now know that problems might arise.I am curious cos i really want to know how many number of shares i have with different registrar and i am planning to execute sell option when due.I am still learning on how to trade from gurus in the house.Thank you.

Maybe they needed to lower expectations. The rights was not fully subscribed. I do not think they want to change their year end. It must have been an error. The results woeful sha. Pity me, I didnt download it.

mendes911:

UAC Property did post their result and later it was retrieved. What are they up to?

nofundforme:
I am still a novice when it comes to share.I didn't know it does take time.I trust them any way,but it is my first time having a broker.

I ain't no expert myself but
If you have ever dealt with a bureaucracy, You'll get the drift

http://www.nse.com.ng/Financial_NewsDocs/20764_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf
EPS 97K. Debts have reduced. The finance cost should reduce going forward. Full year EPS can top N3.50k

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/20764_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf
EPS 97K. Debts have reduced. The finance cost should reduce going forward. Full year EPS can top N3.50k

Damn too EXPENSIVE!
So Fidelity should be selling for over N70...

Fair price according to my system is N6.17....

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/20764_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf
EPS 97K. Debts have reduced. The finance cost should reduce going forward. Full year EPS can top N3.50k

Based on their today closing price.
Price 113/ q2 EPS .97 = 116.5 PE

All things being equal in q4 i.e
( Let times their q2 by 2, to get assumed q4) 0.97 x 2 = 1.94 EPS

Probably their q4 PE based on today price should be around

Price 113/ 1.94 EPS = 58.24 PE

I think there are lot of stocks that has lower PE than them, according to this their result.

mendes911:
Flour Mills. The only force that might keep this one down will be the ongoing fund raising..

On a closure look, where did 5.5b come from net operating gain?

vv
v

mendes911:
Flour Mills. The only force that might keep this one down will be the ongoing fund raising..

On a closure look, where did 5.5b come from net operating gain?

Let's have a look at what their q4 may likely look like.

First, their q3 PE is as follow;
Price #30.85/ 4.56 EPS = 6.8 Q3 PE

Then

Assumed q4
4.56/ q3= 1.52
1.52 x 4 (4 quarter) = 6.08

Price #30.85/ 6.08= 5.07 ( likely Q4 PE)

There is an ongoing rights issues oooo

Chibuking81:

Let have a look on what their q4 may likely look like.

First, their q3 PE is as follow;
Price #30.85/ 4.56 EPS = 6.8 Q3 PE

Then

Assumed q4
4.56/ q3= 1.52
1.52 x 4 (4 quarter) = 6.08

Price #30.85/ 6.08= 5.07 ( likely Q4 PE)

currentprice:



vv
v

Hmm. These kind of gains might vanish by FY.

rebekah2011:
There is an ongoing rights issues oooo

Rights issue will increase the number of their outstanding share, thereby affecting their final year EPS
Because Profit After Tax (PAT) will be share to the total share, which will include the current right issue.

Who knows how Diamond was able to withstand the bears today?

Well, was able to get Fidelity at day's low.

When will this back and forth end?

http://dailypost.ng/2018/01/30/finance-minister-adeosun-suspended-sec-dg-gwarzo-tells-reps/

hyness:
When will this back and forth end?

http://dailypost.ng/2018/01/30/finance-minister-adeosun-suspended-sec-dg-gwarzo-tells-reps/

with this revelation,you guys are still believing in the integrity of the reports the listed companies churn out.

@ Oga FXuser

please what says the chart (on all three timeframe) on

UBA
ZENITH
UCAP

thank you

Chibuking81:

Rights issue will increase the number of their outstanding share, thereby affecting their final year EPS
Because Profit After Tax (PAT) will be share to the total share, which will include the current right issue.

Have you considered that the money from.yhe rights will be used to pay off debts they owe which in turn will reduce their finance cost from this N25b you see now to maybe N19b. This is like N6 added to the PAT.

So the effect of dilution from the rights is eliminated.

This is a N70 stock!

RabbiDoracle:


Have you considered that the money from.yhe rights will be used to pay off debts they owe which in turn will reduce their finance cost from this N25b you see now to maybe N19b. This is like N6 added to the PAT.

So the effect of dilution from the rights is eliminated.

This is a N70 stock!

If it hits N102 fine.

hyness:
When will this back and forth end?

http://dailypost.ng/2018/01/30/finance-minister-adeosun-suspended-sec-dg-gwarzo-tells-reps/

Bola Tinubu might have the highest stake in Oando through his nephew Adewale Tinubu
Chief Executive of Oando. The vice president prof. Yemi Osabanjo and minister of finance mrs Adeosun were both his slot, and there is no how they will not defend the company of their boss.

As far as President Buhari and Tinubu are still together, the forensic audit might not take place, unless the former and later parted to their own different way.

Chibuking81:


Bola Tinubu might have the highest stake in Oando. The vice president prof. Yemi Osabanjo and minister of finance mrs Adeosun were both his slot, and there is no how the will not defend the company of their boss.

wale edun was his slot for Finance minister. kemi was Amosun slot

RabbiDoracle:

If it hits N102 fine.

my money my flour

Chibuking81:


Bola Tinubu might have the highest stake in Oando through his nephew Adewale Tinubu
Chief Executive of Oando. The vice president prof. Yemi Osabanjo and minister of finance mrs Adeosun were both his slot, and there is no how they will not defend the company of their boss.

As far as President Buhari and Tinubu are still together, the forensic audit might not take place, unless the former and later parted to their own different way.

There's no relationship between Bola Ahmed Tinubu (BAT) and Wale Tinubu. So your conclusion maybe faulty!

RabbiDoracle:


Have you considered that the money from.yhe rights will be used to pay off debts they owe which in turn will reduce their finance cost from this N25b you see now to maybe N19b. This is like N6 added to the PAT.

So the effect of dilution from the rights is eliminated.

This is a N70 stock!

You talk too much.

Mi

Chibuking81:


Bola Tinubu might have the highest stake in Oando through his nephew Adewale Tinubu
Chief Executive of Oando. The vice president prof. Yemi Osabanjo and minister of finance mrs Adeosun were both his slot, and there is no how they will not defend the company of their boss.

As far as President Buhari and Tinubu are still together, the forensic audit might not take place, unless the former and later parted to their own different way.

Adeosun was nominated by Amosun

RabbiDoracle:


Have you considered that the money from.yhe rights will be used to pay off debts they owe which in turn will reduce their finance cost from this N25b you see now to maybe N19b. This is like N6 added to the PAT.

So the effect of dilution from the rights is eliminated.

This is a N70 stock!

But the number of shares that will be sharing the earning will increase, thereby reducing the earning per a share. Did you see it that way?

But anyway, their result is good, and their PE shows that they are among the undervalued stocks, like, Eterna, Fidelity, Access bank.

Kingchuks:

There's no relationship between Bola Ahmed Tinubu (BAT) and Wale Tinubu. So your conclusion maybe faulty!

Very faulty, Wale Tinubu and his goons at Oando are closer to Obasanjo than to Bola Tinubu

emmanuelewumi:
Mi


Adeosun was nominated by Amosun

But Tinubu is south western APC overall leader.

Chibuking81:


But the number of shares that will be sharing the earning will increase, thereby reducing the earning per a share. Did you see it that way?

But anyway, their result is good, and their PE shows that they are among the undervalued stocks, like, Eterna, Fidelity, Access bank.

Oracle told you the hidden truth which most people don't know, that was why I said he talks too much.

Chibuking81:


But Tinubu is south western APC overall leader.

I can tell you that Amosun is closer to Buhari, than Tinubu is to Buhari.

Amosun was in APP with Buhari, he was APP gubernatorial candidate in Ogun state

Kingchuks:

There's no relationship between Bola Ahmed Tinubu (BAT) and Wale Tinubu. So your conclusion maybe faulty!

https://naija247news.com/2015/11/13/how-i-meet-tinubu-through-his-nephew-wale-tinubu-fashola/

I always verify before I post. Wale is Bola nephew, hope you agree with me now?

Chibuking81:


https://naija247news.com/2015/11/13/how-i-meet-tinubu-through-his-nephew-wale-tinubu-fashola/

Who made Wale and his goons buy Unipetrol when they were in their early thirties, even though Wale and his goons didn't money and we had reputable guys and businesses that bidded for Unipetrol.
How come all the chairmen of Oando in the last l8 years were Obasanjo's friends?