₦airaland Forum

Yayira:
WE no gree.. this matter must be settled in court.. the money the court order that chairman to pay must complete..
Dozie should better not try nonsense.. the chairman want to prove stubborn.. image involving 3 courts for money wey those banks give am to go solve problem.. they’ll be so humble when looking for loan after collecting it, they’ll become loins.. SOB!

Our money must complete
shell-holder of diamond has spoken

Yayira:
WE no gree.. this matter must be settled in court.. the money the court order that chairman to pay must complete..
Dozie should better not try nonsense.. the chairman want to prove stubborn.. image involving 3 courts for money wey those banks give am to go solve problem.. they’ll be so humble when looking for loan after collecting it, they’ll become loins.. SOB!

Our money must complete
shell-holder of diamond has spoken

onegentleguy:
The real issue is with the areas where more of these cost (debt) has been aligned to.
In principle, an increasing debt even above acceptable threshold is NOT bad. ...as long as it's been properly utilized.
There has to to be a workable structure in place to neutralize any impact from the cost of funding debt.
Japan has the world's highest debt to GDP ratio, but is about the most SOLVENT and financially effective country/economy in the world !! ...that's because they have a workable structure in place !!
Nigeria needs to as a matter of urgency become more proactive in aligning the core of these debts with funding production, infrastructural spend (capex) and key drivable sectors of the economy. ...this is the only way to have a fiscal policy in place that can reflect positively in the larger economy. This is the only way to get our economy working again !!

The problem is with the dumb leaders and economic managers/advisers we have in place today.

May God continue to be with us !!

DeRuggedProf:
The Government here borrow to embezzle...
They already calculate the sharing formula before getting the cash.
Nothing changes.
Let a new Government come to power and Buhari will get stroke when what was looted during his time is uncovered.
EFCC keep saying we recovered so and so from so and so. Why then borrow a fraction of what you have been recovering
Is it an economic rule that you must borrow money?
You recover huge amount from Abacha, you share to faceless Nigerians, then go borrowing less than what you recovered
Who is fooling who?
One day, breeze must blow and fowl's asset will go on display

Godlylifeoneart:
Food for thought

Godlylifeoneart:
Food for thought

onegentleguy:
Exactly !!

Moments like these are great window OPPORTUNITY to KEY INTO fundamentally sound GROWTH and VALUE coys that presents a great MoS from their intrinsic/fair values.
There can be NO better time than NOW !!

yok:
NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 12
OCTOBER 2018

MSCI is still in “sleep mode” as at 12 October 2018. Seems not in a hurry to do anything in the Nigerian market.

DeRuggedProf:
CUTIX
Abracadabra

onegentleguy:
Exactly !!

Moments like these are great window OPPORTUNITY to KEY INTO fundamentally sound GROWTH and VALUE coys that presents a great MoS from their intrinsic/fair values.
There can be NO better time than NOW !!

Yayira:
Abeg fill me in, what’s going on ?
That stock traded for 4.33 on Friday and it trading for 2.03 today what did I miss oo

Yayira:
Abeg fill me in, what’s going on ?
That stock traded for 4.33 on Friday and it trading for 2.03 today what did I miss oo

onegentleguy:
With CUTIX I think it was marked down for a bonus of 1 for 1 and a dividend of 0.20k today.
...which extrapolates it down from Fridays close of N3.90 to N1.85 !! The reason for the N1.85 opening price u see now.

The biggest LOSERS will be those who bought @ last week's 52 weeks high of over N4.70 (current 52 week high after mark down is now @ N2.37)
While the biggest WINNERS shall be those who manage to KEY IN @ any price no more than today's opening price. It sold for 1.84 today... though less than the required 100,000 block volume band.
CUTIX is fundamentally sound. ...very healthy. Current price still screams of a great gap/MoS against its true value !!
Using a TTM EPS of 052k at a risk adjusted rate of 15%, fair value should compute at NO less than N3.40 !! ...which presents a juicy near 84% discount from today's opening price of N1.85.

Those who know and understand, know what they need to continue to do.
But due diligence should still remain ur 1st priority !!

Cheers.

fxuser:
FO
- full bid ! !

rebekah2011:
Marked down for bonus of 1:1 and cash dividend of 20kobo. opened at 1.75 this morning.

onegentleguy:
With CUTIX I think it was marked down for a script issue (bonus) of 1 for 1 and a dividend of 0.20k today.
...which extrapolates it down from Fridays close of N3.90 to N1.85 !! The reason for the N1.85 opening price u see now.

The biggest LOSERS will be those who bought @ last week's 52 weeks high of over N4.70 (current 52 week high after mark down is now @ N2.37)
While the biggest WINNERS shall be those who manage to KEY IN @ any price no more than today's opening price. It sold for 1.84 today... though less than the required 100,000 block volume band.
CUTIX is fundamentally sound. ...very healthy. Current price still screams of a great gap/MoS against its true value !!
Using a TTM EPS of 052k at a risk adjusted rate of 15%, fair value should compute at NO less than N3.40 !! ...which presents a juicy near 84% discount from today's opening price of N1.85.

Those who know and understand, know what they need to continue to do.
But due diligence should still remain ur 1st priority !!

Cheers.

Yayira:
Oh okay.. I remember that juicy bonus . Thanks




You are right.. those that bought below today’s opening price are the winners.
Wow so cutix is trading at 84% discount ?
So many awof on NSE oo

onegentleguy:
With CUTIX I think it was marked down for a script issue (bonus) of 1 for 1 and a dividend of 0.20k today.
...which extrapolates it down from Fridays close of N3.90 to N1.85 !! The reason for the N1.85 opening price u see now.

The biggest LOSERS will be those who bought @ last week's 52 weeks high of over N4.70 (current 52 week high after mark down is now @ N2.37)
While the biggest WINNERS shall be those who manage to KEY IN @ any price no more than today's opening price. It sold for 1.84 today... though less than the required 100,000 block volume band.
CUTIX is fundamentally sound. ...very healthy. Current price still screams of a great gap/MoS against its true value !!
Using a TTM EPS of 052k at a risk adjusted rate of 15%, fair value should compute at NO less than N3.40 !! ...which presents a juicy near 84% discount from today's opening price of N1.85.

Those who know and understand, know what they need to continue to do.
But due diligence should still remain ur 1st priority !!

Cheers.

Mpeace:
For lovers of insurance stocks, food is ready. Standard Alliance @ bonanza price.
Cc: Chibuking81

onegentleguy:
Edited:
On CUTIX, Friday's close was N3.90, so ex dividend/bonus issue price should be N1.75 and not N1.85.
(i.e. N3.90/2 - 20k = N1.75)
However, the stock opened at a 10k mark up price (10k higher than mark down price) ...which was why we saw a ref/opening price of N1.85
The simple interpretation of this is that brokers/MM folks may have priced it higher during pre-auction to cause the mark up. ...which also means a higher tilt on demand than supply.

It is well.

GB2G:
@ OGG, dividend was not paid on the bonus so the adjustment is N3.90-20k=N3.70/2=N1.85k.

swilo:
Why do you think it is at bonanza price?