PharmAlfred:
Personally, I think Japaul should be delisted from the NSE and the management of the company should be prosecuted. What!!!.

Even JIJOists and traders will not agree with you as stocks like JAPAUL have become NSE money spinners.

No Sir, I disagree. This company is making money for some people.

PharmAlfred:
Personally, I think Japaul should be delisted from the NSE and the management of the company should be prosecuted. What!!!.

Agbalowomeri:


Are u saying Charlesniper is OGG

No I even be Agbalowomeri self join.
U have really changed from the days when the likes of u, dexter and passwelle been dey make useful contributions here. dis days na only attack, attack u dey do.
If no be say i know u back then, i for say u don kolo finish.
Abeg make all of una wey no dey won help others, leave the sir wey dey help continue with em good work. U can not come and be a dog in a manger here.

My mcy love- how u dey now?

PharmAlfred:
Personally, I think Japaul should be delisted from the NSE and the management of the company should be prosecuted. What!!!.

I totally agree. This is pure raping of shareholders...There is need for a forensic audit to be carried out on the company. Admin costs continue to swallow up revenue every time....

Do you think that the company still earn revenue? I do not believe if they still do.

Coolcash1:


I totally agree. This is pure raping of shareholders...There is need for a forensic audit to be carried out on the company. Admin costs continue to swallow up revenue every time....

Coolcash1:


I totally agree. This is pure raping of shareholders...There is need for a forensic audit to be carried out on the company. Admin costs continue to swallow up revenue every time....

That is a common trend with "one man business" they transfers all their life and family expenses to the company.

To them the company is a cash-cow.

The board of Notore and all who advised on their listing at N62 need prosecuting.

How in the name of God is this kind of poo result allowed to list at that price?

Deadlytruth:


Even JIJOists and traders will not agree with you as stocks like JAPAUL have become NSE money spinners.

Well, I understand your point. I believe people will be stuck here for a long while.

M&B Q1 result:

[url]http://www.nse.com.ng/Financial_NewsDocs/May%20and%20Baker%20Plc%20-%20Q1%20Unaudited%20Financial%20Statements%20for%20the%20Period%20end.pdf[/url]

rebekah2011:
Increased turnover, lower admin expenses, a lower loss for the period. Seems it is getting better for the company.

Thank BOSS

Transcorp on fire.

I'll like to queue up for Jaiz bank this morning. So far their latest financials look good to me. Is their any hidden shock I am not seeing? Will appreciate some help guys...

stcool:

LOSS - Q1 19 (555,695) Q1 18(3,202,217)

Thanks bigger BOSS.

Transcorp... Oga o!

Sir, Loco I dey see una handwork!

Japaul Japaul! Result getting better and better. Though its still loss but its getting better....
No one should quote me o. Apply DD.

SO MANY INSIDER TRADING IN NSE . FO COMES TO MIND........

locodemy:
Transcorp on fire.

Full bid now.
Japaul full bid

Peter, I tell you say you missed bargain price for transcorp, now you'll have to buy higher.

The wise will bail out now and wait.

PharmAlfred:


Well, I understand your point. I believe people will be stuck here for a long while.

DAILY STOCK MARKET GUIDE FOR 02 MAY 2019

MSCI on 30 April bought some fixed Interest Instruments and Sterling bank shares, bulk of money went to bond.

That generally the index is down is not a debate, but market depth is telling investors not to panic, Only you may need to change your style. Some days past we told our subscribers to avoid shares higher than NGN30.00 for now (except in some few instances), probability of higher gain is lower compared with lowly priced equities and this has been true in the current scenario.

We are still crafting our plan for the next 3 months.

Telling what the market will do bull or bear is fairly difficult (Allshare Index going own, market depth positive), but I will support a bounce for today.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis (https://twitter.com/AnalysisTarget) and is not to be distributed without our authorization.

onegentleguy:
I have just sold off my entire stake in DANGOTE FLOUR @ N18.80 and here's why;

The disclosure of the deal with Olam assumes a buy out figure that includes a clause raking-off the acquirers current stake(~0.1% of DFs 5B OS) + the coys net debt at the back of all accrued settlement.
Hence the N130B buy out amount billing off the 0.1% stake by Olam and discounting for a net debt of ~27B (65B total borrowings at the time, less DFs cash and cash equivalents of 38B)
This should bring down the ACTUAL BUY out figure(in total) by ~230bps to approx N100B... and compute the actual pay per equity of DF to ~N20.
This however is only an estimate, but a likely one given the terms of the deal that was put out a few days ago.
@ today's current price of N18.80, its still 120k less the N20, but I'll prefer not to be greedy so the fellow who bought from me might maybe enjoy any further rise in price. There is even a fractional probability that it could rise beyond the N20 estimate...
but a ride from a BEP of < N11 to N18.80(an approx 71% ROI top up) is ok for me.

To the 4 fellows who were perhaps guided by my advise on DF(if indeed u bought after my private chit-chat with u last week) pls do take note of this and be guided accordingly.
This is however NOT a license for anyone to sell off their HOLDING... as u may also wish to still wait for a further upside in price.
Pls do not sell because I sold... sell because u want to. Remember; U are the CEO of ur portfolio.

My advise: Follow ur instinct.

Sir Ogg this was spot on!
I don waka comot this morning @ average spread of slightly above N20. Though me i no make big profit like u ooo.

Thanks.

People don hammer this season...

Caverton
CHAMS
Transcorp

May & Baker Q1 - 133M ...PRICE N2.28
CHAMS Q1 - 182M... PRICE N0.55K

Mcy56:

Full bid now.
Japaul full bid

Peter, I tell you say you missed bargain price for transcorp, now you'll have to buy higher.

Maybe not as high as you think.
Doubt if it will reach 1.70 before “the wise” start bailing out!

How far can Transcorp be on bid ..be like say its losing steam

Watching to bail..

CHARLESNIPER:

No I even be Agbalowomeri self join.
U have really changed from the days when the likes of u, dexter and passwelle been dey make useful contributions here. dis days na only attack, attack u dey make.
If no be say i know u back then, i for say u don kolo finish.
Abeg make all of una wey no dey won help others, leave the sir wey dey help continue with em good work. U can not come and be a dog in a manger here.

My mcy love- how u dey now?

So so true.

Coolcash1:


I totally agree. This is pure raping of shareholders...There is need for a forensic audit to be carried out on the company. Admin costs continue to swallow up revenue every time....

Japaul’s result is not too shabby at all!
Turnover increased by 30% and all costs reduced drastically.
Mr Jegede seems to have turned a new leaf

cornwall:
Maybe not as high as you think. Doubt if it will reach 1.70 before “the wise” start bailing out!

Whorrever.

Sir, go and look at payables if it increased or not. If you see accrued salaries there, please run and never look back. I just pity some folks playing kalokalo with their funds. Japaul is gone and buried. Nothing has changed in the company ooooo.

cornwall:


Japaul’s result is not too shabby at all!
Turnover increased by 30% and all costs reduced drastically.
Mr Jegede seems to have turned a new leaf

Medview........I sorry for shareholders.

Munir Bankole play una better MMM

CHARLESNIPER:

No I even be Agbalowomeri self join.
U have really changed from the days when the likes of u, dexter and passwelle been dey make useful contributions here. dis days na only attack, attack u dey make. If no be say i know u back then, i for say u don kolo finish.

I disagree with the bolded! How and where has he attacked anyone?
If you say he changed from making stock related contributions, Agreed.......but a situation where someone will air his/her opinion and some people will resort to insults instead of airing theirs, is becoming unbearable. Now we're missing result analysis because of some selfish individuals.
Imagine how OGG was insulted here just for same hypocrites to be sending mails privately.
Sniper, learn to respect people by refraining from vulgar language.

PharmAlfred:
Personally, I think Japaul should be delisted from the NSE and the management of the company should be prosecuted. What!!!.

Thats is the scam called INCORPORATION....... The law has protected all CEOs of publicly runned companies....The masses bear the brunt

Michael11stock:
for me it is the dividend I want to chop Africa prudential is Registrar makes dividend sweet for me .

I think the dividend declared is good for that price and their Q1 is better.