OBAGADAFFI:
Japul finally traped some people.

no sympathy! we sounded enough warning.

This life sha... When I started buying TRANSCORP last week I was even buying between 0.93-0.95 see as they were dumping the thing then on me and others buying like shit but today E don turn gold

Coolcash1:


Loco, that's too low. If you can pay N3.5 i will sell to you.

I have gotten Transcorp already. I'm now in the bus but no gain yet till Thursday or Friday.

bigjay01:

no sympathy! we sounded enough warning.

No need for this... None is complaining na

Coolcash1:


Loco, that's too low. If you can pay N3.5 i will sell to you.

Future trades although if they mean biz this time around they will tear their IPO price sef

megawealth01:
Someone gave a hit here sometimes ago and I noted it too but I was gathering money for buying up TRANSCORP and champions so I let NORTH FLOUR go

I still don't trust Transcorp my personal opinion.


But FMN is the parent company of Northern Nigeria Flour Mills Plc.

Both companies have massive backward integration projects all over the North.

OBAGADAFFI:
Japul finally traped some people.

Trapped? Hhmmm.
That a stock is on full offer doesn't translate to trap, can only trap those that doesn't know how to play the game.
Was even surprised not to read plenty comments on the full offer.........by those who might have queued tired before now.......
The bad belle against the stock is too much, they halted our gold search........

We are observing anyway.......once the offers starts thining out.........

OBAGADAFFI:



I still don't trust Transcorp my personal opinion.


But FMN is the parent company of Northern Nigeria Flour Mills Plc.

Both companies have massive backward integration projects all over the North.

I don't trust any NAIJA firm either

Do you know the bashing on TESLA? I still didn't mind but what's happening today

YESSConsulting:
Please, what tool or website do you guys use for charting Nigerian stocks?
Thanks

Direct the question to the Chartists here.....
Loco is one of the Ogas...

Glaxo is showing some volume

megawealth01:
No need for this... None is complaining na

sellydion:
Glaxo is showing some volume

It will do extremely well... The charts are there...

Not a buy recommendation sha

Gold rush

Mcy56:

Trapped? Hhmmm.
That a stock is on full offer doesn't translate to trap, can only trap those that doesn't know how to play the game.
Was even surprised not to read plenty comments on the full offer.........by those who might have queued tired before now.......
The bad belle against the stock is too much, they halted our gold search........

We are observing anyway.......once the offers starts thining out.........

Mcy56:
Boss @Onegentleguy
Concerning Univins, I think the interest is now there. Read your exclusion yesterday...
The interest may likely be that of acquisition or merger, reason it's also getting much attention........just speculating oo.

Just be careful dear.
As I said then, there might be interest given that other better coys are also pushing up in price, but just be vigilant.

…and yes, it (universal ins) might merge with a coy like AFRI ALLIANCE INS or both forming a bond to merge with any of the few as cited in my initial post, given the nature of their equity structure and BS stand(they have some link and possible unfinished business together).
Both were amongst the coys I highlighted might well tour that line. (refer to my 1st post from 2 days ago)
AFRI ALLIANCE actually owns over a quarter(approx 26%) of UNIVERSAL INS while Stanbic Nominees holds over 9.3%... in turn, UNIVERSAL INS owns an approx 5.8% stake in AFRI ALLIANCE, while one chief Mr Cyril Onyekwelu Ajagu, a major core investor, owns a near 53.4% stake (in afri ins), via the CONAU GROUP (owners of FRENCHIES FOODS).

However, my model which seeks to weigh the health stand of company's in the sector using yardsticks like CGPR, ROTE, Net ROIC, Sloan ratio, CCC efficiency, Solvency Margin (surplus/deficit peg in view) etc as a barometer to gauge VALUE raking-off risk shows that both coys have some worrying items in their financial print.

A coy like MUTUAL BENEFITS rates so high and so well!! …even well ahead of LINKAGE, WAPIC and PRESTIGE that are currently trading for higher prices. I see Mr MUTUAL B heading towards the N1-1.5 peg in the mid-term if management can 'keep up the pace'.
Aside the great names (CUSTODIAN, AIICO, NEM, MANSURED etc), other coys like VERITAS KAPITAL, REGENCY ALLIANCE, CHI, LASACO, ROYAL EX, STI and to a lesser degree GUINEA INS, also rates quite good. …I particularly like the 1st 6 in that order.
Don’t have much time for further breakdown now.

…Play safe!!

Selah

megawealth01:
Future trades although if they mean biz this time around they will tear their IPO price sef

I agree with you that if they really improve their efficiency and business performance leveraging on the asset acquisition any price below N5 is a steal. The acquisition has positioned the company to access feedstock for its power plants at a cheaper price which will help drive down opex and increase the bottom line.

Coolcash1:


I agree with you that if they really improve their efficiency and business performance leveraging on the asset acquisition any price below N5 is a steal. The acquisition has positioned the company to access feedstock for its power plants at a cheaper price which will help drive down opex and increase the bottom line.

Smart dude!!
...this is a subset of 2nd-level thinking.

Cheers

OBAGADAFFI:



I still don't trust Transcorp my personal opinion.


But FMN is the parent company of Northern Nigeria Flour Mills Plc.

Both companies have massive backward integration projects all over the North.

Millions of bids for NNFM and Zero offer

Ekuu Mkt o

@OGG welcome back. i gain one or two things from ur post late last year.

i use to jump pass ur long post before but i read now.

advice: for the sake of newbie try to post full meaning of most of the abbreviation "BS , CGP , CPR, HBP etc "

megawealth01:
That stock has been down na... It's not suppose to sell below #5

Why should it sell above N5?

onegentleguy:


Just be careful dear.
As I said then, there might be interest given that other better coys are also rushing up in price, but just be vigilant.

…and yes, it (universal ins) might merge with a coy like AFRI ALLIANCE INS or both forming a bond to merge with any of the few as cited in my initial post, given the nature of their equity structure and BS stand(they have some link and possible unfinished business together).
Both were amongst the coys I highlighted might well tour that line. (refer to my 1st post from 2 days ago)
AFRI ALLIANCE actually owns over a quarter(approx 26%) of UNIVERSAL INS while Stanbic Ibtc Nominees holds over 9.3%... in turn, UNIVERSAL INS owns an approx 5.8% stake in AFRI ALLIANCE, while one chief, Mr Cyril Onyekwelu Ajagu owns a near 53.4% stake (in afri ins), via the CONAU GROUP (owners of FRENCHIES FOODS).

However, my model which seeks to weigh the health stand of company's in the sector using yardsticks like CGPR, ROTE, Net ROIC, Sloan ratio, CCC efficiency, Solvency Margin (surplus/deficit peg in view) etc as a barometer and raking-off risk shows that both coys have some worrying items in their financial print.

A coy like MUTUAL BENEFITS rates so high and so well!! …even well ahead of LINKAGE, WAPIC and PRESTIGE that are currently trading for higher prices. I see Mr MUTUAL B heading towards the N1-1.5 peg in the mid-term if management can 'keep up the pace'.
Aside the big names (CUSTODIAN, AIICO, MANSURED etc), other coys like VERITAS KAPITAL, REGENCY ALLIANCE, CHI, LASACO, ROYAL EX, STI and to a lesser extent, GUINEA also rates quite good. …I particularly like the 1st 6 in that order.
Don’t have much time for further breakdown now.

…Play safe!!

Selah

Agree with you. I wish I had bought more MUTUAL BENEFITS at N0.20. I still had to buy more at N0.36.

By my analysis, anythting less than N1.00 is still good for this company.

I will only consider selling if it gets to around N1.50

samguru:



Millions of bids for NNFM and Zero offer

That shows you something is brewing.

Transcorp for me will fall back to sub #1 prices after this euphoria passes away.....its hotel business was in crises during lock down and with more imminent lockdown business will be hampered..........

Transcorp energy sector is being owed a humongous amount by the federal govt that has no intention of paying back

This new oml deal is a good one by Transcorp but Tony would need to relearn how to run this machine, Tony is a guru at portfolio investment but fails woefully @ commodities.......... His foray into agriculture comes to mind


Something tells me this deal announcement would be used to calm investors down for the impending disaster that would be reported in the full year annual report

Ekuu Tony Mkt o

@ Loco this ur new MM style inform of putting petrol to fire na die. i doubt u have no transcorp before today. i can bet u dont cross nothing today

picure or i dont belive it

Chai!!
Bad Belle's don commot our J-GOLD from penny stock bull run...... others are doing very well, even some dry bones are rising.....
@Megawealth01 you see one of the reasons I said I don't want to post Penny Stocks info here again......

currentprice:
@OGG welcome back. i gain one or two things from ur post late last year.

i use to jump pass ur long post before but i read now.

advice: for the sake of newbie try to post full meaning of most of the abbreviation "BS , CGP , CPR, HBP etc "

Thank u Sir!!

BS- Balance sheet
CGP- Cash generating power... or CGC- Cash generating capacity
HPR- Holding power return... and not HBP which I believe is an acronym for High blood pressure.
EPA- Earnings persistent approach
...and many more.

I'll try!!

cheers

onegentleguy:


Smart dude!!
...this is a subset of 2nd-level thinking.

Cheers

Abeg what's your take on ftncocoa.

and for those in transcorp if u dont fear anything abeg fear reconstruction o.

u cant beat uncle T with his game

Cc oga Wanajo

currentprice:
Ekuu Tony Mkt o

@ Loco this ur new MM style inform of putting petrol to fire na die. i doubt u have no transcorp before today. i can bet u dont cross nothing today

picure or i dont belive it

I support the motion

currentprice:
@OGG welcome back. i gain one or two things from ur post late last year.

i use to jump pass ur long post before but i read now.

advice: for the sake of newbie try to post full meaning of most of the abbreviation "BS , CGP , CPR, HBP etc "

HBP. High Blood Pressure

locodemy:


I am getting all I need today at high price not from the floor. The floor Don padlock already.

What's the workaround Chief?