₦airaland Forum

onegentleguy:
My Take on the Market expectations for the last days of February up until the 1st week of the month of March;

As we officially draw close to the earnings season, it is not uncommon to see a greater market participation on the part of investors. For the most part, I expect to see an improved profitability accross board with a greater interest on key sectors especially the consumer goods, oil and gas and banking.
On an index basis, I expect the NSE pension and the NSE 30 to witness improved activities, while I also foresee the all share index heading the positive lane as investors try to key into fundamentally sound stocks with an eye on their year end coperate actions.
Overall, I believe we could gradually begin to witness the return of some positive sentiments after seen an over 4% pull back in the ASI month to date.

On the Macroeconomic front, there are indications that the Nigeria bureau of statistics will on Tuesday the 27th of February release the much anticipated GDP REPORT for the 4th quarter of 2017 and that of its full year. ...my view is that the report will be that of a strengthening recovery with a positive improvement Q/Q and an overall better year end foundation.
I believe that the GDP report will come in good, but if it does exceed expectations, then chances are that some of those excitement will likely find their way into the Market.

Again the NSE has already returned a nearly 12% gain when u deduct the close to 4% loss so far witnessed in the month of February. ...that 12% gain in January alone is almost equivalent to the 91 days accrued interest the last time the CBN did a Tbills auction.
...with the 182 and 364 days tenor just a minot 1.65% and 1.7% more than that figure respectively.
The next auction, scheduled for this thursday the 1st of March would most likely not be any different. ...and so some of those monies which hitherto would've been utilized therein would likely find their way into the stock market as yields on other investable income continue to trend downwards.

In all, 'I believe the heart beat of the market still have some more room to pump up real good'. ...for the recent pull back, (which is just less 26% of the overall YTD gain) is only a necessary circle which makes for the dynamic nature of the market.
Luckily, our saviour commodity OIL, which is also of a major influence to the market trend and by extension health, has been holding out strong at above $60 pb, with output also at a good enough level to continually beef up our reserve which stood at $41.8 billion just last week.
...And so as long as the underlying fundermentals is still healthy, and u hold a stock that is TRULY WORTH HOLDING, then u should have total peace of mind.

Going into the earnings season, here are my top picks;
-DANGOTE SUGAR
-DANGOTE FLOUR
-FLOURMILLS
-CAVERTON
-ACCESS BANK
-FIDELITY BANK
-DIAMOND BANK
-ZENITH BANK
-UACN
-AFPRUD
-UCAP and
-TRANSCORP.

Remember that value is what u get when ur entry price is in itself valuable. ...in other words ur entry price should be the 1st to create the needed room for the expected value u so desire.
For if and when ur entry price is good, then ur exit price will most likely be a profitable one and vise versa.
...So I'll advise u do well to buy the the DIP and invest in TRENCHES.

I wish us all a happy and profitable earnings season !!

NOTE: Onegentleguy is only but a small boy who sometimes indulges in a lot of random thoughts. ...This whole write up might just be one of them.
DD always advised pls.

gloriousdawn:
APR result is out, recommend a dividend of 40kobo per share.

wanaj0:
Government earn in dollars and spend in Naira. So a weak naira is to their advantage. Strengthening of the Naira will mean that they are not able to meet their local obligations (Salary).

D

Mpeace:
If true, 7.84% dividend yield is not that bad, although its not as good as 50kobo projected by some.

Mpeace:
If true, 7.84% dividend yield is not that bad, although its not as good as 50kobo projected by some.

RabbiDoracle:
Dividend should be like 35kobo to 40kobo. Which is between 6.8% to 7.8% DY from yesterday's price. I pity those who bought at yesterday's price of N5.10

Agba (and Loco) will be selling on you guys to recover his loss on Aiico. I'm really enjoying this drama.

By the way, why didn't price pick up in trading yesterday? This means result was not fantastic.

Intendy:
APR #0.40k dividend

Mpeace:
If true, 7.84% dividend yield is not that bad, although its not as good as 50kobo projected by some.

rebekah2011:
It is not good enough when I see Finance charges for the 1st time in the financials. No explanations as to what the fund was used for. Transcorp Hotels was borrowed 3.9b in the year. Something is not just right.

rebekah2011:
It is not good enough when I see Finance charges for the 1st time in the financials. No explanations as to what the fund was used for. Transcorp Hotels was borrowed 3.9b in the year. Something is not just right.

RabbiDoracle:
Jabooooo

Agbalowomeri:
Tony has commenced his abracadabra

RabbiDoracle:
Jabooooo

Agbalowomeri:
Afriprud PAT for my dream; 1,780,000,000
Let's see how good my dreams are

wanaj0:
Government earn in dollars and spend in Naira. So a weak naira is to their advantage. Strengthening of the Naira will mean that they are not able to meet their local obligations (Salary).

Dangote will sell its petroleum products in DOLLARS. That is the currency of trade. He will get crude in dollars and sell refined products in dollars . That's why he will not make the mistake of opening a filling station

awesomeJ:
That's like what? 99% correlation?
Please share more of such dreams.

How was your night sir. Were Fidelity's papers presented? How about FBNH?

awesomeJ:
That's like what? 99% correlation?
Please share more of such dreams.

How was your night sir. Were Fidelity's papers presented? How about FBNH?

PharmAlfred:
It is obvious we have insiders here. Agba and co, pls reveal more to us na.

currentprice:
Afripud result is not bad though not above expectation

CP fairprice of this stock move up to above N8

cc veedovee

2zona:
Please Currentprice, for someone with Break even price of 3.84, what do you advise cos am at a crossroad now, whether to sell now with my cap appreciation or wait for dividend.

currentprice:
why should you sell at this time with that your entry price? do u think price will retrace back to 3.84

if i enter at such price i will not sell till May/june or i sell toward the close of register to re enter later

2zona:
Please Currentprice, for someone with Break even price of 3.84, what do you advise cos am at a crossroad now, whether to sell now with my cap appreciation or wait for dividend.

currentprice:
if you had extrapolate Q3 earnings,, you should know where my oga is coming from

Q3 was 65k

65k/3 then x 4 = 86k

Agbalowomeri:
EPS is fantastic sha. Should have been closer to N1 if not for some 'things' arranged in the results

IchimokuPilot:
Offload fast on RabbiDoracle....