Thank you.

pluto09:



If you are really confuse spilt the money into two and buy the 2

I have looked at the two companies and both are buy for me.

However, giving the current market condition and the CP of both stocks, if I am to buy today JB will be preferred.

Zenith on a stand alone basis cannot go far in price if the general market condition is tepid. On the other hand, If JB declares a better than expected result, price can easily move up irrespective of the general market condition.

This is my personal opinion and I could be very wrong.

Note: The two stocks are in my portfolio with JB bought at a lower price than cp.

rebekah2011:
The analysis paralysis that always goes on in my head will make me wait. When the value becomes glaring, I do not mind paying for it.

I don't believe in analysis paralysis.
I think we have similar investment philosophy.
If it doesn't meet your investment criteria, don't buy no matter who recommends it.

You will miss some hot stocks in the market but that to me is no problem.

Princkez:
BUA CEMENT on full offer

It is a stock that can easily be manipulated and that is why some of us are not excited.

The bids will resume sooner than later, Rabiu is in a very good position to defend the price.

pluto09:



It is a stock that can easily be manipulated and that is why some of us are not excited.

The bids will resume sooner than later, Rabiu is in a very good position to defend the price.

Are they planning a public offer?
Not sure why anyone will want to defend the price

Agbalowomeri:


Are they planning a public offer?
Not sure why anyone will want to defend the price

Ah ah, conspiracy theory

Improvement in rankings for Rabiu in Forbes billionaire list

Pls I don't intend to derail the thread. But anyone here with useful information on 03 capital in lagos. I hear it's a credit card company but they offer fixed returns on deposits just in form of tbills. The interest rates I was told for 365days could go as high as 17%. Pls does anyone know about this?

LAFARGE/WAPCO our 3euro stock is now available at 14.80 and warming it engine to enter full bid.

Not by 2moro when will be on 55% upside like the case of UACN someone will asking how come we always buy low and sell high.

The same we loaded FBNH bus,
UACN bus and
now LAFARGE/WAPCO bus.

Better join now and don't be distracted by their panalysis analysis.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

veecovee:
You want pls newbies and displease oldbies.
Why not attach 'DO YOUR PERSONAL RESEARCH' to ur posts

Lol. Oldbies don grow strong teeth nah.
Compliment of the season sir.

PETERiCHY:
LAFARGE/WAPCO our 3euro stock is warning it engine to enter full bid.

Lol. Peter has commenced advertisement.
Better change that 'warning' to 'warming'.

PETERiCHY:
LAFARGE/WAPCO our 3euro stock is warning it engine to enter full bid.

Not by 2moro when will be on 55% upside like the case of UACN someone will asking how come we always buy low and sell high.

The same we loaded FBNH bus,
UACN bus and
now LAFARGE/WAPCO bus.

Better join now and don't be distracted by their panalysis analysis.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

please tell us the whole story
30% revenue drop and yet profit growth
there must be some exceptional items

Princkez:
BUA CEMENT on full offer

Morgan updated and released his clients.
Jijo will be good here. Let it fall more.

11 naira support holding firm
Really strong bull

owoblow77:
Hater

@ bigjay: Baba, how far. Shame your enemies now. 4milli since morning. How many Ace of spades this small money go buy!

Oh boy, i don try my own tey tey.
na communal effort na
I just kpamu de wait

Mcy56:
Morgan updated and released his clients. Jiji will be good here. Let it fall more.

madam, weldone ooo pls what is the update？

X21:


please tell us the whole story
30% revenue drop and yet profit growth
there must be some exceptional items

The attraction for me is the restructuring......

The loan repayment is not only due to right money, the South Africa operation has been spun off which gave them the opportunity to excise about 140b third party foreign loan from their books...

A reduction of about 200b from 266b in a space of 9months is not moimoin and call for excitement!

The reduction in revenue is mainly due to the exclusion of SA operation which is a blessing in disguise. You will notice that despite the drop in revenue there is an increase in profit which signifies efficiency and that is positive....

The eps is good compared to others in the sector when you calculate the p.e from operational profits. If you now factor in the profits made from spinning off of the SA operation, that is a bomb

Also check the equity for 2018 and September 2019, that has also increased significantly

They still have some hurdles to cross but I want to believe they are on the right path..
Most of the loans in their books are now the cheap ones and can easily be managed.

Note; the SA operation has always been a drag on Larfarge since that marriage was made and it was a misadventure.--Pluto09

aremso:
madam, weldone ooo pls what is the update？

Lol. Nothing much is happening in the market so far.
Zenith........still holding to the previous close of 21.70.
MTN, fidelity getting some bashing.
Some huge cross deals going on in Uniondac...

The newbies planning to enter, should look before they leap.
You need a good dose of patience so you can enter stocks at right prices.

Mcy56:

Lol. Nothing much is happening in the market so far.
Zenith........still holding to the previous close of 21.70.
MTN, fidelity getting some bashing.
Some huge cross deals going on in Uniondac...

Zenith coming bck to 19 - 20....
We will reload at that junction...
For dividend....

The merger of SA business with Wapco to form Lafarge Africa was never a mistake. It was deliberate. Whilst, I must commend their decision to spin-off this unit to give the Nigerian shareholders a sigh of relief. I am still not convinced that the business can take on Dangote Cement in the interim. One can test the waters with one hand if the FOMO is an issue.

PETERiCHY:



Pluto09

I do not see it going below N21.

Willie2015:


Zenith coming bck to 19 - 20....
We will reload at that junction...
For dividend....

Agbalowomeri:


Are they planning a public offer?
Not sure why anyone will want to defend the price

Forbes rating

Willie2015:


Zenith coming bck to 19 - 20....
We will reload at that junction...
For dividend....

of course nothing is imposible.

Mcy56:

Lol. Oldbies don grow strong teeth nah.
Compliment of the season sir.

... God bless u

rebekah2011:
The merger of SA business with Wapco to form Lafarge Africa was never a mistake. It was deliberate. Whilst, I must commend their decision to spin-off this unit to give the Nigerian shareholders a sigh of relief. I am still not convinced that the business can take on Dangote Cement in the interim. One can test the waters with one hand if the FOMO is an issue.

Do you think BUA cement can take on Dangote cement

Team UCAP and WAPCO... One man squad... They can't beat THE MONEYBAG

THE BIG SMART GUY

rebekah2011:
The merger of SA business with Wapco to form Lafarge Africa was never a mistake. It was deliberate. Whilst, I must commend their decision to spin-off this unit to give the Nigerian shareholders a sigh of relief. I am still not convinced that the business can take on Dangote Cement in the interim. One can test the waters with one hand if the FOMO is an issue.

Why comparing with Dangocement? Merger is for enlargement.

When percive enlargement turns sour- then a mistake has occured.

rebekah2011:
I do not see it going below N21.

Zenith dont respond 2 much to yr end earnings...
Usual div of N2.50 already priced in...
Don,t see any other news...
Unless div increase to above N3.00... plus
Waiting patiently....

Mcy56:

Lol. Nothing much is happening in the market so far.
Zenith........still holding to the previous close of 21.70.
MTN, fidelity getting some bashing.
Some huge cross deals going on in Uniondac...

Lol @Uniondac. It was an annoying deadwood in my portfolio and I have been selling since last week.

One person don dey buy am same pattern since

Just dumped the last of it.

Peterichy teach me something with dat one!

And yes I am an old poster here, my account chop ban hence the new monika

Mcy56:

Lol. Nothing much is happening in the market so far.
Zenith........still holding to the previous close of 21.70.
MTN, fidelity getting some bashing.
Some huge cross deals going on in Uniondac...

Union Diagnostics has a new ultra modern centre at Ibadan which is a short distance from the UCH

BUA is a one-man business like Dangote. I have seen him move his production capacity from 2m metric tons to about 8m now. Give him more years he will increase it and take more market share from Dangote Cement and Lafarge.

emmanuelewumi:


Do you think BUA cement can take on Dangote cement

Panic sale/profit taking going on......mostly in banking stocks........
Funny thing is that the same people selling will still come back to queue and possibly buy higher.
We're observing.

N3 final dividend may just be possible this year. The excess dividend tax has been taken care of by the new Finance Bill. over 25b was paid the FG as excess tax dividend in 2018 financial year. That will definitely be an attraction.

Willie2015:


Zenith dont respond 2 much to yr end earnings...
Usual div of N2.50 already priced in...
Don,t see any other news...
Unless div increase to above N3.00... plus
Waiting patiently....