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Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 7:11pm On Oct 25, 2020 |
Pee2Jay9: Stock investment is a marathon not a sprint. With those questions you put up there, you have not read enough. Read earlier pages and other materials to get the basics. Don't rush the market is always there anytime you are equip enough you can start and keep learning while at it. That you are not there now doesn't mean everyone there will make more money than you. Investment in stocks is all about your objectives and sticking to a strategy that works for you. There is what we called first principle in calculus it works also in stocks. Go to first principle no short cuts. for stockbroking account and more click the link on my signature. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 7:15pm On Oct 25, 2020 |
onegentleguy: lexy2lexy: Without a corresponding increase in revenue? ...which report are u looking at bro? Wapco' revenue Nos actually grew both QoQ and YoY. Again, it would be blurring the figures comparing Wapco' Q3 2020 PAT MARGIN to that of 2019 Q3 when infact, there was a one-off item/line of earnings in Q3 2019.(discontinued operations from sale of S.A business arm) Where there had been an extraordinary/one-off line, u should discount it before comparing a coys QoQ print. ...otherwise a YoY guide should be used instead, to better mirror a coys operating margin and check in on overall performance.(EM and EPS in view) That would be a more effective way to interprete an income statement. In retrospect, NPM should be the PAT margin from continued operations... and from there u can see that the coy did book a positive growth in that line(npm), EM and EPS. On their COSG, it was a mixed performance. While they did try to cut down on certain cost line which hitherto had been a course of concern, they underperformed in a few others. In retrospect, cost of distribution and maintenance went down by circa 4,200pbs and 2,600pbs respectively. However, the coys variable cost and production cost shot up by over 60% and 66% in that order. While the former cost line could be attributed to seasonal-related factors(see the 1st part in bold from post above), the 66% top-up in production cost is a thing of concern. The company has a fully owned subsidiary(Wapsila Nig ltd) through which it generates and sells power, so one would've thought that the part about energy expense(part of production cost) should be trending down. Personal expense(also part of production cost) should've also trended down, especially when u consider the drop in cost of distribution and factor in the economic surrounding(post covid-19) in the period under review. The only logical explanation for the increase under this line(prod cost) would be that of by-product cost given previous corona-induced slowdown in economic activities. ...but then again, they did better in Q2... a period which saw the peak of economic purse, so why couldn't they repeat similar feet in Q3? A critical review of the changes in cost line shows that it wasn't the result of a struggle to push vol(growing gross in view), but that of efficiency. While it appears they did gain some margin of mkt share, they need to be more prudent with managing available resource. This was why I said that there's need to improve more on their profitability and efficiency lines. Overall, risk(even with a high premium and zero growth) is still well below feasible reward in view of the the coys current equity price. The coy still holds a great prospect in value accretion for those whose investment horizon tags along the mid term.(see 2nd part in bold above) Like I always tell folks: In the stock market world, a cheap/undervalued asset isn't just one whose price is low in terms of VALUE or high in REWARD... but broadly one whose price is low in terms of RISK and high in PEACE OF MIND. ...a wining investor must know how and when to relate in between !! ~Sinclair This Nugget is KEY !! On a side note, its very possible that this coy might be a future candidate for acquisition/buy out. ...in which case, one could well book a near 80% return(ROI) from the current mkt price. It is well. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:21pm On Oct 25, 2020 |
Any news on law union and rock buyout and payoff yet? |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 7:56pm On Oct 25, 2020 |
OBAGADAFFI: Investors already getting alert for the consideration payment of 1.23/share since Friday. |
Re: Nigerian Stock Exchange Market Pick Alerts by cucumbar: 8:02pm On Oct 25, 2020 |
ojeysky:please which one is ETI? |
Re: Nigerian Stock Exchange Market Pick Alerts by cucumbar: 8:03pm On Oct 25, 2020 |
Danniee:for which of them, please? |
Re: Nigerian Stock Exchange Market Pick Alerts by zimams: 8:23pm On Oct 25, 2020 |
ETI is Ecobank. And that is the one I feel might do N8+ with market sentiments. They don't pay dividends so I approach it strictly for capital gains. This is my thinking ... I may be wrong. Please do you due diligence. cucumbar: |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:37pm On Oct 25, 2020 |
ukay2:Above #30 |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:01pm On Oct 25, 2020 |
emmasoft: Really, did fill any form before payments. What is the process for getting paid. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 10:24pm On Oct 25, 2020 |
OBAGADAFFI: No filling of any form. Since it was a resolution passed in the meeting once you are a minority shareholder, you will be paid. I want to believe it's in batches. However, After COB tomorrow if you didn't get yours you can contact CardinalStone Registrars 335/337, Herbert Macaulay Way, Sabo, Yaba, Lagos, Nigeria 01-7120090 registrars@cardinalstone.com |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:56am On Oct 26, 2020 |
ojeysky:I think this type of stocks are better recommended to those already in the system and knows their ways around the stocks/market. As for newbies, dividend paying stocks are always advised. @cucumbar in my opinion, I think you should look the way of Zenith, try and see if you could get around 20 region and below 20 will be much better. Also see if you could get Wapco around 16/17 region. Sometimes ago, one guy bought GTB at circa 28 before covid issue, he later came here to seek advice on what to do when the price of GTB fell below 20 and he was advised to leave it as it was, that GTB will erase the loss. If he didn't panic sell later, he must have recovered the loss and be sitting on profit by now, together with interim dividend chopped. In essence, what I'm driving at here is that fundamentally sound/dividend paying stocks will benefit newbies mostly.....moreso, that market also has a mind of its own. cc: @ololufemi 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:00am On Oct 26, 2020 |
BullBearMkt:Yes boss. Thanks sir. Thanks Doc Ukay2. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 8:50am On Oct 26, 2020 |
emmasoft: Thanks for this informatiom. |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 9:12am On Oct 26, 2020 |
Mcy56: Right but he/she gave a 3months window and there will be no dividends on zennith within that time frame. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:09am On Oct 26, 2020 |
ojeysky:Lol. He can only get to do that when market is moving. He should know these things doesnt work like that o......3 mths may become longer sometimes. One of the reasons I said he should go for dividend paying stock, at least he can have some peace of mind if things doesnt go according to his plan, make he no come back come dey blame anybody. |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 10:36am On Oct 26, 2020 |
Mcy56: Absolutely! |
Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 10:40am On Oct 26, 2020 |
Mcy56:Let's consider this scenario for the newbie If he buys Zenith at N20 and we assume that Zenith is N21 on markdown date. After mark-down let's assume Zenith Loses another 10%. The actual return may be close to nil. Of course you've balanced things by advising him on a low entry price. A major issue will remain if Zenith will likely go down or up after Dividend declaration and by what margin? |
Re: Nigerian Stock Exchange Market Pick Alerts by Danniee(m): 10:59am On Oct 26, 2020 |
JapaupOil on full offer....... No single bid at 20K. God dey ooooo. |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 11:17am On Oct 26, 2020 |
i don reload on caverton at 1.80 and fbnh 5.9 last week. |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 11:18am On Oct 26, 2020 |
Danniee: JP and it's occasional moves eh |
Re: Nigerian Stock Exchange Market Pick Alerts by Audacius: 11:26am On Oct 26, 2020 |
Pee2Jay9: There are a lot of resources online. You can’t hack it without researching and reading. Keep reading, here and other sources. The idea is not to start trading immediately. Like someone indicated, the market is going nowhere. When you are ready, it’s there. I started following the market as far back as 2003 and could only get actively involved from 2011. However, summarily from me: All companies you see are either privately owned (Ltd) or publicly quoted (Plc) Publicly quoted companies allow anyone so interested to be a part owner (shareholder) A shareholder becomes an owner by buying shares of the company after it has been broken down into shares. Shares are units of any public quoted company. The stock exchange (NSE) is the only Ladipo market for shares trading, where you can buy shares and sell those shares if no longer interested. Shareholders profit from companies by 1) taking their share of profits(dividends) which can be once a year or two times. 2) by selling the shares they have whenever the price goes beyond the purchase price. The dynamics of the above is why books have been written and we have over 6000 pages of rich insights, jokes, camaraderie, fights and insults on this thread. (Mind you very many other pages were lost during a glitch sometime ago). I wonder if this counts as a summary though. Just my own way of providing answer to your question. Peace. 9 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:30am On Oct 26, 2020 |
emmanuelewumi: Based on your calculation is it advisable to purchase UPDC shares at the moment? |
Re: Nigerian Stock Exchange Market Pick Alerts by needful: 11:37am On Oct 26, 2020 |
Tvegas: Reason why I always reserve fund to average down. My advice is always to invest 60% and keep 40% incase of market bears. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:59am On Oct 26, 2020 |
Tvegas:You're right. Actually, telling anyone to pick now is a risk in itself cos most of these stocks were begging buyers at very low bargain prices sometimes ago, don't know where some of them were around that time. As for Zee, my choice of it remains that lots of funds are going in here, even at 20 and there's possibility of more upside. So picking at 20 is relatively okay .....with the intention to average down if price goes lower again. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:03pm On Oct 26, 2020 |
Lots of funds are going into GTB. Lots of cross deals in millions.......this stock and Zenith may likely break out and witness new highs if it continues like this...... *Just my opinion and observation* 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 12:09pm On Oct 26, 2020 |
Mcy56:even WAPCO already doing #18 |
Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 12:14pm On Oct 26, 2020 |
Mcy56:Yeah it's becoming tougher recommending stocks right now because most of them have done their appreciation. Investors should probably keep their cash and come back by March/April 2021. If we can have the historical price behaviour of Zenith when dividend was paid between 2017 to 2019, that will be a good option. we may also be able to predict how much price will drop. I won't include 2020 because that Zenith drop was one of a kind. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:19pm On Oct 26, 2020 |
Princkez:Sold some bargains at below 18 earlier |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 12:26pm On Oct 26, 2020 |
Very good presentation skills. I like the reference to Ladipo market, like spare parts market like stock market. Audacius: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 12:29pm On Oct 26, 2020 |
sold at 18.60, after riding from km11. good enough for now based on current EPS. there are other stocks with sweeter PE to plough my loot. Mcy56: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:31pm On Oct 26, 2020 |
There's a banking stock people are overlooking and it's close to it's year low. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 12:34pm On Oct 26, 2020 |
jideflash:You are very lucky, I tried selling some it kept dropping. The chances of selling Wapco at 18.80 was slim last week. Volume also matters. 1 Like |
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