₦airaland Forum

PETERiCHY:
Like I said earlier
After the raggee come the blues.
After Alhaji Abracadabra Dangflour is heading back to 80kobo where it came from.

BARGAIN HUNTERS TAKE NOTE!

Meanwhile those in the DANGFLOUR TRAIN sweating it out.

The day those guys trap you inside their embassy with these your pictures.......

What amazes me most in NSE is that they expect you to grow your N10,000 to become a millionaire some day..

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/24180_UNION_BANK_NIG.PLC._FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

are you scared of alhaji? post df result fast!

swilo:
What amazes me most in NSE is that they expect you to grow your N10,000 to become a millionaire some day..

Explanation in layman's terms sir.

i saw ci leasing result in today businessday newspaper group eps 73k( 58k ).
yet to see the result on nse website

Mcy56:
Explanation in layman's terms sir.

Lol. Ponzi scheme style of thinking. Greed is a powerful thing.

Mcy56:
Explanation in layman's terms sir.

I really feel for anyone with that kind of dream.

The behaviour of Diamond bank's share price is telling me that insiders wanted to make sure they disposes retail shareholders of their shares, then get an investor and make a killing....
Somehow, along the way, information got mismanaged. Retail investors wanted to be part of the mega party...
The insiders are desperate to figure out a way to achieve the same goal...

DeRuggedProf:
The behaviour of Diamond bank's share price is telling me that insiders wanted to make sure they disposes retail shareholders of their shares, then get an investor and make a killing....
Somehow, along the way, information got mismanaged. Retail investors wanted to be part of the mega party...
The insiders are desperate to figure out a way to achieve the same goal...

thinkin abt the same.

swilo:
I am still surprised that neither CP nor OGG has commented on Aiico, or did I miss a class?

Mpeace:
Maybe there is nothing to comment. The result speaks for it self. Aiico is a falling knife, if u like put your hand.

when i have not post to give room for quick counter post. i have said it here time and time, my fairprice mean nothing to the mkt just to compare /see the gap btw the currentprice. for caution shake if i dont post here, i will still buy stock and make money, mkt have eyes to see value.

as for Aiico with fall in earnings compare to the previous Q, Aiico still have the best discount so far with 2.20% gap btw currentprice and my fairprice. fairprice N2.45

but caution still need to be taken based on my previous post quoted below



VV
V

currentprice:
Aiico yet to release Q3 but based on Q2 numbers this company have the best selling discount right now .

depend on the confident you have for insurance sector sha but dont expect consistence at FY

^^^^

DANGCEM

The ARABS are in town again....

tritritri:
thinkin abt the same.

is like one of your fingers is burning @ Diamond bank the way I see ur reactions.

Do you still have Dangote flour?

locodemy:
is like one of your fingers is burning @ Diamond bank the way I see ur reactions.

Do you still have Dangote flour?

i believe nobody have DF here. i posted a fairprice here to be less than N4 months ago.

i have posted a fairprice of N18 for core business and core business plus other income for N25 in the past. when things was pointed out good

with my fairprice when am ready to buy stock i still contact BOSSES for opinion

currentprice:
i believe nobody have DF here. i posted a fairprice here to be less than N4 months ago.

i have posted a fairprice of N18 for core business and core business plus other income for N25 in the past. when things was pointed out good

I converted my DF units into DF bags for baking purposes only after WanaJ0 visited the shopping malls....

DeRuggedProf:
I converted my DF units into DF bags for baking purposes only after WanaJ0 visited the shopping malls....

A brief run down on AIICOs Q3 results;

The company saw a drop in their earnings line on the back of a below per performance.
Management were'nt so efficient with translating their input (premium income line) to output (earnings line)
To put things in perspective, a 13% rise in NPI (net premium income) following from a 16% rise in GPI was subdued by a higher than normal expense line (admin, opex, claims and underwriting exposure)
...which occasioned the 22% decrease in PBT from approx 2.77B to 2.15B and feed into the drop in EPS to 25k from 34k in the corresponding period of last yr.
The interpretation of this is that the last 3 months saw the company generate higher premium but paid more to policy holders at a faster rate than it did in utilizing those premiums with bringing income.

That said, the financial position of the coy still makes for a healthy one amidst some risk drivers.
...while the valuation still prints of a great margin to tap from.
Using a TTM EPS of 31k (which AIICO may well surpass by YE) @ a discount rate of 13% and adjusting for a risk premium of 2%, AIICOs Fair Price computes to N2.06 !!
...and which when weighed against the present market price of 72k, still captures the potential for an over 186% price appreciation !!
This is adjusting for any and all possible inherent risk.

As expected, the market reacted slightly negatively to the result.
But will I sell AIICO @ the current price if I hold a stake in it? ...Hell NO !! For that would be tantamount to throwing away a thing of immense value !!
Will I KEY into AIICO @ the present price? ...ABSOLUTELY !! ...and WITHOUT a single doubt.
Especially if my investment horizon is of the medium term.

Disclosure: I hold some units of AIICO in my Investment portfolio.
Disclaimer: Not to be perceived as any sought of recommendation. ...due diligence should still remain ur 1st priority.

currentprice:
when i have not post to give room for quick counter post. i have said it here time and time, my fairprice mean nothing to the mkt just to compare /see the gap btw the currentprice. for caution shake if i dont post here, i will still buy stock and make money, mkt have eyes to see value.

as for Aiico with fall in earnings compare to the previous Q, Aiico still have the best discount so far with 2.20% gap btw currentprice and my fairprice. fairprice N2.45

but caution still need to be taken based on my previous post quoted below



VV
V

Thanks a lot..CP

onegentleguy:
A brief run down on AIICOs Q3 results;

The company saw a drop in their earnings line on the back of a below per performance.
Management were'nt so efficient with translating their input (premium income line) to output (earnings line)
To put things in perspective, a 13% rise in NPI (net premium income) following from a 16% rise in GPI was subdued by a higher than normal expense line (admin, opex, claims and underwriting exposure)
...which occasioned the 22% decease in PBT from approx 2.77B to 2.15B and feed into the drop in EPS to 25k from 34k in the corresponding period of last yr.
The interpretation of this is that the last 3 months saw the company generate higher premium but paid more to policy holders at a faster rate than it did in utilizing those premiums with bringing income.

That said, the financial position of the coy still makes for a healthy one amidst some risk drivers.
...while the valuation still prints of a great margin to tap from.
Using a TTM EPS of 31k (which AIICO may well surpass by YE) @ discount rate of 13% and adjusting for a risk premium of 2%, AIICOs Fair Price computes to N2.06 !!
...and which when weighed against the present market price of 72k, still captures the potential for an over 186% price appreciation !!
This is adjusting for any and all possible inherent risk.

As expected, the market reacted slightly negatively to the result.
But will I sell AIICO @ the current price if I hold a stake in it? ...Hell NO !! For that would be tantamount to throwing away a thing of immense value !!
Will I KEY into it @ the present price? ...ABSOLUTELY.
Especially if my investment horizon is of the medium term.

Disclosure: I hold some units of AIICO in my Investment portfolio.
Disclaimer: Not to be perceived as any sought of recommendation. ...due diligence should still remain ur 1st priority.

..EMBER MONTHS are upon us....
May God preserve us.

locodemy:
is like one of your fingers is burning @ Diamond bank the way I see ur reactions.

Do you still have Dangote flour?

Not in diamond. reduced my exposure by half on df.. Are you buyin at the moment ?

tritritri:
Not in diamond. reduced my exposure by half on df.. Are you buyin at the moment ?

I am selling Transcorp now to put it in Aiico at below 70kobo.

Holding zenith Bank firmly.

locodemy:
I am selling Transcorp now to put it in Aiico at below 70kobo.

Holding zenith Bank firmly.

You get mind. But wait for transcorp news before the end of Nov.
If I be you I go buy more transcorp, make some profit and then gamble on Aiico.

locodemy:
I am selling Transcorp now to put it in Aiico at below 70kobo.

Holding zenith Bank firmly.

I will buy AIICO @ N0.57.
This is my 'BELIEVABILITY PRICE'.

aremso:
http://www.nse.com.ng/Financial_NewsDocs/24236_DANGOTE_SUGAR_REFINERY_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Hope the sugar has not mixed with flour.....

DeRuggedProf:
I will buy AIICO @ N0.57.
This is my 'BELIEVABILITY PRICE'.

lol. That will be when I will be taking jijo profit. I am buying lower.
Their eps keeps going down even without the private placement, just imagine what it would be when the placement is concluded and OS becomes twice what it is today.

DeRuggedProf:
I will buy AIICO @ N0.57.
This is my 'BELIEVABILITY PRICE'.

...Prof which theorem gave you the 'BELIEVABILITY PRICE' @0.57?

BullBearMkt:
...Prof which theorem gave you the 'BELIEVABILITY PRICE' @0.57?

Lol....Nbst.

aremso:
http://www.nse.com.ng/Financial_NewsDocs/24236_DANGOTE_SUGAR_REFINERY_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Wow..!!

DeRuggedProf:
Hope the sugar has not mixed with flour.....

I Don park my motor inside FCMB... Let's see

Zenith, Fidelity, FCMB for Dec harvest/Yr end.