Kashif:
Fide on full bid! Whats going on?

The MTN party is over.

Chibuking that had been screaming to buy since will not want to buy now. Once it assumes its ascent, he will come again and be screaming how NSE didn't sell to him.

Buy now o.

locodemy:


You r welcome my brother.

Can you see how Transcorp is doing now you decided not to dump again.If I bring mine out on Monday,the price will go down likewise but later we will regret our actions.


If we can join hands with other people to grab 1 billion units of Transcorp,we can influence the price the way we want and also have a controlling hand in the company.what do you say?

See the kind stock wey you dey plot on.

If you were plotting this on good bank stock, it would have been a nice idea. But not Transcorp.

I don't know what you people saw in that company o.

robobo:
MTNN don land ooooo
dem don dey even reduce price for una
so make una go grab una copy oooo
make una no forget sell all the FUGAZ wey una get oo so dat una go fit load more of the MTNN

When MTNN reverses to 90, then people will start to question why they sold good stocks to buy it.

We will choose you as the Chairman. We trust your judgement.

RabbiDoracle:


How many signatories to the account?

Nigerians are too fraudulent that such can't work.someone will wipe everyone's account.


Due to trust issues, a 50-person closed crowdfund will want to have 50 signatories to the account

chillykelly86:


Oga, what's not true in my post? Funny enough, the post you quoted made no mention of EBITDA.

However, for investors to be properly guided on MTN, a company that has been paying chunks of money in fines, its EBITDA is a way of guaging its earnings potentials without the fines.

I am not here to monkey-hunt for MTN, but its important people get a truer picture and then make their decisions.

Disclosure: I have got some units and bidding for more at suitable prices. I am a long term investor.

I saw PAT of 412b or so that you wrote. So I thought that you were confusing EBITDA of 453b as PAT.

2019 year end is in 7 months time, so we will see if it will be over 400b that you quoted or around 200b+

Power and Oil. The coy is the next goldmine.

RabbiDoracle:


See the kind stock wey you dey plot on.

If you were plotting this on good bank stock, it would have been a nice idea. But not Transcorp.

I don't know what you people saw in that company o.

rebekah2011:
Power and Oil. The coy is the next goldmine.

When Transcorp Hilton was contributing well to Transcorp results, it was stripped and listed separately.

I won't be surprised to see the Transcorp Energy ( Oil and Power) listed separately.

Dey there dey look like Alao!

RabbiDoracle:


How many signatories to the account?

Nigerians are too fraudulent that such can't work.someone will wipe everyone's account.


Due to trust issues, a 50-person closed crowdfund will want to have 50 signatories to the account

Abeg i no get strength to laugh...

rebekah2011:
This the Q1 snapshot of MTNN. I am looking for where they paid the fine.

https://punchng.com/n330bn-fine-mtn-has-till-may-31-to-pay-n55bn-balance-says-ncc/

It says somewhere in the article that they paid #55b on March 31; that naturally is in Q1. I don't know beyond that.

RabbiDoracle:


When Transcorp Hilton was contributing well to Transcorp results, it was stripped and listed separately.

I won't be surprised to see the Transcorp Energy ( Oil and Power) listed separately.

Dey there dey look like Alao!

I have view it as such ever since, the moment any of them started giving good return, it will be listed separately. Same happened to transhotel, Oil and power will not be exceptional.

chillykelly86:


https://punchng.com/n330bn-fine-mtn-has-till-may-31-to-pay-n55bn-balance-says-ncc/

It says somewhere in the article that they paid #55b on March 31; that naturally is in Q1. I don't know beyond that.

Oga, carry all these your misguided statements on MTN from here. The people here know what they are doing and taking decision based on deceitful comments is not one of them.

Who relies on a newspaper publication over the financials of a company? You started with EBITDA, you were corrected, went to profit, you were corrected again.

Please MTN is available, we don't want, opportunity for you to mop up. Go and buy 10% like oga dumex so you can get 36 billion naira dividend when they make 400 billion and since they pay out 80%.

Events in the last few days has shown that One can never be sure when a bad market will end and a new market will start, so you can’t time the market.
Difficult to neutralize the red colors.
[color=#990000][/color]

Godlylifeoneart:
https://punchng.com/foreign-investors-dump-more-nigerian-shares

They are not done dumping their's either.

Agbalowomeri:


Who still no believe say Flourmills go reach 12 Lol

Flourmills na 6 naira we dey wait am

OakPearl:


They are not done dumping their's either.

i tire ooooo we have been hearing this news of foreign investors dumping shares for about two years now consistently

The thing na bottomless pit?

Godlylifeoneart:
https://punchng.com/foreign-investors-dump-more-nigerian-shares

foreign investors dumping since 100BC. I thought they left early last year. When did they re enter the market to start dumping again?

Agbalowomeri:


Who still no believe say Flourmills go reach 12 Lol

I recall someone feeling sad he missed buying at 30 something naira back then..

valacious:


I recall someone feeling sad he missed buying at 30 something naira back then..

Smh this market.. I remember that post and person too.. reasons why I have involve God seriously in this business.. that person felt bad because the company’s results as at that time was good and money from right issue was supposed to go a long way but instead the company is looking for ways to raise another money.. weytin dem use the first money do, Amarom !
Na only God go help person for this market..
I almost sent my broker buy mandate at 31 slf..

Mpeace:
foreign investors dumping since 100BC. I thought they left early last year. When did they re enter the market to start dumping again?

Lol.. dem no dey sell finish

Yayira:


Lol.. dem no dey sell finish

Make them no sell my shares join oh . if not we fit get problem. Lol

https://businessday.ng/lead-story/article/efcc-shuts-down-mtn-nigeria-head-office-for-alleged-fraud/
Operatives of the Economic and Financial Crimes Commission (EFCC), on Friday raided the MTN Nigeria head office in Falomo Ikoyi Lagos, shutting down all activities in the Complex, BusinessDay has learnt.

Although the reason for the raid could not be ascertained at the time of reporting, BusinessDay, sources say members of the anti-graft agency stormed the telco’s head office, stopping all activities for alleged fraudulent financial activities pertaining to the company’s recent listing on the Nigerian Stock Exchange (NSE).

“I believe the EFCC was informed that MTN was manipulating figures and also, maybe because of fraud pertaining to the company’s listing,” the source said.

BusinessDay contacted Funso Aina, MTN’s Public Relations Officer, who neither denied nor admitted that the company was raided, but said: “We will send out a statement to that effect very soon.

rebekah2011:
https://businessday.ng/lead-story/article/efcc-shuts-down-mtn-nigeria-head-office-for-alleged-fraud/
Operatives of the Economic and Financial Crimes Commission (EFCC), on Friday raided the MTN Nigeria head office in Falomo Ikoyi Lagos, shutting down all activities in the Complex, BusinessDay has learnt.

Although the reason for the raid could not be ascertained at the time of reporting, BusinessDay, sources say members of the anti-graft agency stormed the telco’s head office, stopping all activities for alleged fraudulent financial activities pertaining to the company’s recent listing on the Nigerian Stock Exchange (NSE).

“I believe the EFCC was informed that MTN was manipulating figures and also, maybe because of fraud pertaining to the company’s listing,” the source said.

BusinessDay contacted Funso Aina, MTN’s Public Relations Officer, who neither denied nor admitted that the company was raided, but said: “We will send out a statement to that effect very soon.

 

Drama everywhere.

Mpeace:
Make them no sell my shares join oh . if not we fit get problem. Lol

RabbiDoracle:


The MTN party is over.

Chibuking that had been screaming to buy since will not want to buy now. Once it assumes its ascent, he will come again and be screaming how NSE didn't sell to him.

Buy now o.

As of today closing price which 5 out of these 10 stocks did you think that has more upward potential than remaining 5 ?

Their PE was calculated using 2018 final year EPS and today closing price.

1. Fidelity @ #1.81 with 2018 FY EPS of 79.16 kobo ( against 61.35 kobo eps of 2017) and 2019 q1 EPs of 21 kobo ( against 16 kobo eps of 2018) PE = 2.27

2. FCMB @ #1.60 with 2018 FY EPS of 75.00 kobo ( against 43 kobo eps of 2017) and 2019 q1 EPs of 18 kobo ( against 13 kobo EPs of 2018) PE = 2.13

3. Ucap @ #2.24 with 2018 FY EPS OF 72.00 kobo ( against 73 kobo eps of 2017) and 2019 q1 EPs of 11 kobo ( against 21 kobo EPs of 2018) PE = 3.11

4.GTB @ #31.10 with 2018 FY EPS of #6.54 kobo ( against #5.94 kobo EPs of 2017) and 2019 q1 EPs of #1.74 kobo ( against #1.58 of 2018) PE = 4.76

5. Zenith bank @ #19 with 2018 FY EPS of #6.15 ( against #5.53 eps of 2017) and 2019 q1 EPs of #1.60 ( against #1.50 of 2018) PE = 3.09

6. UBA @ #5.75 with 2018 FY EPS of #2.20 ( against #2.19 EPs of 2017) and 2019 q1 EPs of 82 kobo (against 67 kobo of 2018) PE = 2.61

7. Transcorp @ #1.14 with 2018 FY EPS of 17.37 kobo ( against 8.06 kobo EPs of 2017) and q1 EPs of 1.58 kobo ( against 5.55 kobo EPs of 2018) PE = 6.56

8. Eterna @ #4 with 2018 FY EPS of 77 kobo ( against #1.54 EPs of 2017) and q1 26 kobo ( against 39 kobo EPs of 2018) PE = 5.19

9. Sterling bank @ #2.07 with 2018 FY EPS of 32 kobo ( against 28 kobo EPs of 2017) and q1 EPs of 11 kobo ( against 11 kobo EPs of 2018) PE = 6.47

10. Ikejahotel @ 1.45 with 2018 FY EPS of 53 Kobo ( against 29 kobo EPs of 2017) and q1 EPs of 7 kobo ( against 11 kobo EPs of 2018) PE = 2.74

See assignment

Northeastern:


Oga, carry all these your misguided statements on MTN from here. The people here know what they are doing and taking decision based on deceitful comments is not one of them.

Who relies on a newspaper publication over the financials of a company? You started with EBITDA, you were corrected, went to profit, you were corrected again.

Please MTN is available, we don't want, opportunity for you to mop up. Go and buy 10% like oga dumex so you can get 36 billion naira dividend when they make 400 billion and since they pay out 80%.

Thank you, i hope he listen.

chillykelly86:


https://punchng.com/n330bn-fine-mtn-has-till-may-31-to-pay-n55bn-balance-says-ncc/

It says somewhere in the article that they paid #55b on March 31; that naturally is in Q1. I don't know beyond that.

ok.

Chibuking81:

As of today closing price which 5 out of these 10 stocks did you think that has more upward potential than remaining 5 ?

Their PE was calculated using 2018 final year EPS and today closing price.

1. Fidelity @ #1.81 with 2018 FY EPS of 79.16 kobo ( against 61.35 kobo eps of 2017) and 2019 q1 EPs of 21 kobo ( against 16 kobo eps of 2018) PE = 1.81

2. FCMB @ #1.60 with 2018 FY EPS of 75.00 kobo ( against 43 kobo eps of 2017) and 2019 q1 EPs of 18 kobo ( against 13 kobo EPs of 2018) PE = 1.60

3. Ucap @ #2.24 with 2018 FY EPS OF 72.00 kobo ( against 73 kobo eps of 2017) and 2019 q1 EPs of 11 kobo ( against 21 kobo EPs of 2018) PE = 3.11

4.GTB @ #31.10 with 2018 FY EPS of #6.54 kobo ( against #5.94 kobo EPs of 2017) and 2019 q1 EPs of #1.74 kobo ( against #1.58 of 2018) PE = 4.76

5. Zenith bank @ #19 with 2018 FY EPS of #6.15 ( against #5.53 eps of 2017) and 2019 q1 EPs of #1.60 ( against #1.50 of 2018) PE = 3.09

6. UBA @ #5.75 with 2018 FY EPS of #2.20 ( against #2.19 EPs of 2017) and 2019 q1 EPs of 82 kobo (against 67 kobo of 2018) PE = 2.20

7. Transcorp @ #1.14 with 2018 FY EPS of 17.37 kobo ( against 8.06 kobo EPs of 2017) and q1 EPs of 1.58 kobo ( against 5.55 kobo EPs of 2018) PE = 6.44

8. Eterna @ #4 with 2018 FY EPS of 77 kobo ( against #1.54 EPs of 2017) and q1 26 kobo ( against 39 kobo EPs of 2018) PE = 5.19

9. Sterling bank @ #2.07 with 2018 FY EPS of 32 kobo ( against 28 kobo EPs of 2017) and q1 EPs of 11 kobo ( against 11 kobo EPs of 2018) PE = 6.47

10. Ikejahotel @ 1.45 with 2018 FY EPS of 53 Kobo ( against 29 kobo EPs of 2017) and q1 EPs of 7 kobo ( against 11 kobo EPs of 2018) PE = 2.74

These are actually good stocks (infact almost all) that have the capacity of a good upward potential (if all things eventually becomes right--investment clime), however in times like this, I would rather look at a stock that has the least downward potential (cos capital preservation is key) in view of this I would pick just zenithbank and UBA for now, probably GTB (bt at 30 perhaps)

.

GonFreecss1:



Drama everywhere.

I am not surprised at dz development. It's impossible to have 2 central banks in Nigeria, minting money simultaneously. I mentioned it in previous posts that the bubble will burst sooner than later.
AT the rate MTNN holders were hoarding and offloading, they will soon mint N15 Trillion from Nigeria economy, the money will end up in the black market and mop up the $s in circulation. It was not a coincidence that the black market rate is now 361 few days after the shareholders of MTNN raked in billions NGN from the listing.
Some even posted on dz platform that critics were jealous of MTNN success while others dubbed contrary views against MTN as analysis paralysis.
I am of the view that something went wrong with the listing. Maybe MTN used some loop holes to their advantages or some unpatriotic Nigeria in SEC and NSE compromised for selfish and personal gains. Of course MTN will always denied wrong doing.
This cannot be the type of listing anticipated by the Nigeria government. A listing that will break the heart of many Nigerians.
A listing the NCC has been silent on.
We are yet to hear the real issue surrounding the listing of MTNN.
The secret of MTN in pocession of the Federal Government of Nigeria might have be the reason they agreed to list in Nigeria,otherwise they might never had agreed in the first place.
The issue might not be a violation of Sims registration rules but a possible tax fraud during the Jonathan Era when corruption was not stealing.
Buhari is just trying to be diplomatic coz of the ripple effects on Nigeria economy, otherwise the government might have suspended the operating license of MTN as a result of possible tax frauds by MTN against the FRN.
We are watching.

Mpeace:
foreign investors dumping since 100BC. I thought they left early last year. When did they re enter the market to start dumping again?

Abeg no take laugh tear person bele o!