veecovee:


Ahh! It just came upon me to investigate this ...

Na wa ohh! It was as low as 4,600 in 1999 and as high as 65,000 in 2007

... anything can happen

If not the listings of MTNN, BUA and Airtel, the ASI would have been lower than it is right now.

Omo I wish say I fit get that kind information oh. I can imagine the effort. Not in the mood to build financial models or do financial analysis like I used to. Abeg, your FCF, is it FCFF or FCFE?

DrAwo:

Gotten from my own analysis...

BUSINESS PROPOSAL

TO WHOM IT MAY CONCERN

M&S Communication is a Haulage company that is into hiring out trucks to Contractors, Construction Company, Mining Company and Individual or Company that is interested in hiring trucks for their project.

Currently we are looking for partners (individual/company) that are interested in partnering with us, by providing us trucks for a 1 year renewable partnership and absolute right to use their truck to do business with and pay them monthly for the use of their trucks. Which means within this 1 year our company will be in full possession all of the trucks.

These trucks could be new once or those that have been in existence as long as they are sound and are in a good working condition.

Below is our monthly offer:

Our Offer
1. We will pay the truck owner a monthly sum of One Million Five Hundred Naira (N1, 500, 000), which will be paid at the end of each month after the trucks had work or at the end of every week in a month or every bi-weekly.

2. We will make available accommodation for all your drivers.

3. We will handle the monthly maintenance of the trucks by changing the oil and oil filters monthly

4. We will handle the provision of supervisor for the trucks for a proper monitoring of the truck and the operations.

5. We will handle the driver’s daily stipend, which will be Two Thousand Naira (N2, 000) Daily.

6. We will pay the drivers’ a monthly allowance/salary of Seventy Thousand Naira (N70, 000). This means as the Truck Owner you don’t have to worry yourself about paying your drivers monthly because we will be handling that.

What the Truck Owner will Handle in this Partnership
1. They will be in charge of employing their drivers

2. They will be in charge of handling the major maintenance of their Trucks

3. They will handle all the government papers work on the Trucks

4. They will handle the purchase of their trucks. Tokunbo truck cost N14, 000, 000 and above, while the Brand New Truck is N26, 000, 000 upward.

Outside this things list above, the truck owner do not do anything else outside receiving alert in his/her phone of the money we have transfer to his/her bank account.

Type Of Trucks We needed
30 tons HOWO Chinese Dump Truck

Number Of Truck We Need
We need 100 units of 30 ton HOWO Chinese Dump Truck

Partnership Requirement
To come into partnership with us, you need to have 10 units of 30 tons HOWO Chinese Dump truck. It can be more. If you have these number of Trucks or intent buying these number of trucks, and will like us to go into partnership, you are free to contact through the details below:

For more info: Whatsapp 08180483802 or Call: 09014198856

kastgeraldino:
Omo I wish say I fit get that kind information oh. I can imagine the effort. Not in the mood to build financial models or do financial analysis like I used to. Abeg, your FCF, is it FCFF or FCFE?

Please do build your financial models and share with us... It will help us all grow and make better investment decisions...

Believe me, I had to go check the difference between FCFF & FCFE.. Shows that we are all still learning...

Its FCFF that I generate... Thanks for teaching me something new....

Thanks for this Doc.
I appreciate.

DrAwo:
Growing the Dangote Cement way...
#ConsistentGrowth...

Intendy:
Stocks with new 52 week lows

Guinness #13.90k

Nacho #1.98k

What is really the issue with Guinness?

IYGEAL:


If not the listings of MTNN, BUA and Airtel, the ASI would have been lower than it is right now.

i c

Blessed quietness.

Insider Dealings: FCMB, AIICO, Others Disclose Shares Dealing by Insiders

In line with our commitment to consistently update Nigerian stock investors on insider dealings, here are the latest insider dealings in the Nigerian Stock Exchange.

The FCMB Group Plc disclosed that Mr. Olusegun Adedeji Odubogun, a non – executive director, purchased 200,000 ordinary shares of the company on June 2, 2020, in Lagos, Nigeria.

A breakdown of the transaction revealed that Mr. Odubogun bought 60,000 units at N1.78 per share while the remaining 140,000 units were acquired at N1.79 per share.

https://investorsking.com/insider-dealings-fcmb-aiico-axa-mansard-disclose-shares-dealing-by-insiders/

otokx:
Blessed quietness.

There is bewilderment as the global exchanges rages with bull, NSE is trading sideways. Not falling and not going up.

All that needs to be done is just look (like Lookman) and see the direction the market takes.

It has thrown confusion to chart lookers.

If market remains irrational like this, then smart investors will activate the dividend waiting mode and observe when the market finishes playing its games.

RabbiDoracle:

If market remains irrational like this, then smart investors will activate the dividend waiting mode and observe when the market finishes playing its games.

I think they are doing that already as we speak...

RabbiDoracle:
It has thrown confusion to chart lookers.
If market remains irrational like this, then smart investors will activate the dividend waiting mode and observe when the market finishes playing its games.

....but I think market will still respond, even if it's for short period.
If GTB and Zenith could deliver and pay good interim dividends, market might generally respond positively.
It's just my opinion.

Inflation rate rises to 12.56 percent in June

The inflation rate rose to a record high in Nigeria, Africa's largest economy, in the month of June, according to the National Bureau of Statistics (NBS).

In the NBS report released on Friday, the Consumer Price Index (CPI), which measures the inflation rate in an economy, rose by 12.56 percent year-on-year in the month of June, representing an increase of 0.16 percent when compared to the 12.40 percent recorded in May.

https://investorsking.com/nigerias-inflation-rate-rises-to-12-56-percent-in-june-nbs/

Airtel Africa to Announce Q1 2020 Financial Results on July 24th

Airtel Africa Plc, Africa’s leading telecommunications and mobile money services company, on Thursday said it would release its financial statements for the period ended 30, June 2020 on the 24th of July 2020.

The telecom giant said the management would host a conference call on the day of release to respond to questions from analysts and investors at 9:30 am BST.

https://investorsking.com/airtel-africa-to-announce-q1-2020-financial-results-on-july-24th/

Mcy56:

Boss, when Loco self was confused with TA and all the AAAs, I knew say Mr. Market has already confused chartists too.

....but I think market will still respond, even if it's for short period.
If GTB and Zenith could deliver and pay good interim dividends, market might generally respond positively.
It's just my opinion.

Interim dividends won't change anything, I'm afraid. It all boils down to the uncertainty regarding the current FX regime and general macroeconomic factors. Foreign Investors who drive activity in the capital markets are wary of Buhari and Godwin Emefiele's Nigeria at the moment.

UACN. If it gets to 4, then we enter irrespective of the unbundling.

FBNH: bargain hunters sighted with their traps set at support (day's low) ..........

it will sure do km3

Mpeace:
UACN. If it gets to 4, then we enter irrespective of the unbundling.

Lion123:
Interim dividends won't change anything, I'm afraid. It all boils down to the uncertainty regarding the current FX regime and general macroeconomic factors. Foreign Investors who drive activity in the capital markets are wary of Buhari and Godwin Emefiele's Nigeria at the moment.

You're right but might not be the only reason.
You know what I used to consider is the volume too.......when investors are bidding but don't just want to bid high. This could also mean another thing with a reason different from the stated one.
One thing is that, there has been activities especially in banking stocks, some make use of the low-price opportunities to enter the market too.
Let's wait and see anyway.

We don queue up

Mcy56:
FBNH: bargain hunters sighted with their traps set at support (day's low) ..........

megawealth01:
We don queue up

Lol. Then you'll continue to shift your goal post like Peter.

Mpeace:
UACN. If it gets to 4, then we enter irrespective of the unbundling.

Mcy56:

You're right but might not be the only reason.
You know what I used to consider is the volume too.......when investors are bidding but don't just want to bid high. This could also mean another thing with a reason different from the stated one.
One thing is that, there has been activities especially in banking stocks, some make use of the low-price opportunities to enter the market too.
Let's wait and see anyway.

Don't mind them Sis, they are longing for bullish market but they bid lower every time, how can price go up if everyone is bidding lower and hunting for bargains?

Where is that my other Sis, Mspwety1, FCMB has finally yielded and my selling it at 1.89 has been justified. Hitting two birds with one stone...

I entered FBNH at 5 with the proceeds from my FCMB deal. I am not greedy, I am only targeting 5.2

phoinix:
I entered FBNH at 5 with the proceeds from my FCMB deal. I am not greedy, I am only targeting 5.2

That's 4% gain.
How much is your buying and selling charges?

RabbiDoracle:


There is bewilderment as the global exchanges rages with bull, NSE is trading sideways. Not falling and not going up.

All that needs to be done is just look (like Lookman) and see the direction the market takes.

It has thrown confusion to chart lookers.

If market remains irrational like this, then smart investors will activate the dividend waiting mode and observe when the market finishes playing its games.

'Bewilderment' ke. We all know it is artificial nau. When they are done with their abracadabra then comes the fall.

See as culled from the Vanguard below.
A California man was arrested and ordered held without bond on Thursday for fraudulently obtaining some $9 million in coronavirus relief funds and using some of the money to gamble in Las Vegas.
Andrew Marnell, 40, a resident of the Beverly Grove neighborhood of Los Angeles, California allegedly submitted a number of fraudulent loan applications in relation to the coronavirus pandemic and obtained millions in Paycheck Protection Program (PPP) funds.
Prosecutors say he used some of the money to make risky stock market bets, and squandered hundreds of thousands of dollars at the Bellagio Hotel and Casino and other gambling establishments in Las Vegas as recently as last weekend.
The PPP loans were part of the unprecedented $2.2 trillion CARES Act, which provided aid for millions of Americans suffering the economic effects of the pandemic.

leo1234:


That's 4% gain.
How much is your buying and selling charges?

I know bro, the charges should be about 2% .

This kind of market is good for quick get in and out. The 2% will cover some weekend expenses, hopefully.

phoinix:
I entered FBNH at 5 with the proceeds from my FCMB deal. I am not greedy, I am only targeting 5.2

5.2 is too close nah. Won't you pay fees from it?
You should make it at least 10%, and you know volume matters here too.

Mcy56:

5.2 is too close nah. Won't you pay fees from it?
You should make it at least 10%, and you know volume matters here too.

I need quick money for d weekend.

phoinix:

I need quick money for d weekend.

You're funny.
What's the assurance Fbnh will sell for 5.20 before close of biz? Or you forgot today is Friday?

Mcy56:

You're funny.
What's the assurance Fbnh will sell for 5.20 before close of biz? Or you forgot today is Friday?

Then, I will review my exit point. Today, 5.2 is very attractive.

phoinix:
I entered FBNH at 5 with the proceeds from my FCMB deal. I am not greedy, I am only targeting 5.2

Your stockbrokers must really love you, you are working hard for them. Infact, you are doing well.

Tvegas:
Your stockbrokers must really love you, you are working hard for them. Infact, you are doing well.

Bro, there are times for 20% and there are times for 2% . Today I am chosing between 0% and 2%. I don't give a hoot if I am splitting my profit in half.