₦airaland Forum

Mankindman:
Pa Emma,
You r making me to laff, how can an old wine in an old skin be 28yrs?
Sounds impossible and hard to believe.
That means u registered your current Monica in 2013 at age 18 yrs. I can say it vividly that the wisdom in your posts 📫 shows you are in late 40s.
I have been following you and Agbalowomeri investment philosophy for more than 7 years, at the time, my portfolio was a mustard seed, now a giant 🌳.
If you are truly 28 yrs, then I duff my hat 👒 😉 for you, the wisdom, knowledge and understanding that I have been privileged to acquire from your posts cannot be quantified.
You and Agbalowomeri should just team up and start an 👷‍♀️ an investment club.
All the same, May you live 🙏 ✨️ in good health, wealth, long life and prosperity. Amen.

He is averaging down

Who wapco offend make e forgive abeg. Abi wetin we go call this sluggish movement in a bull market

ositadima1:
I like to program in my spare time and setup is done once, optimize once in a while. It's not stressful at all, because everything is automated. I even run my entire workflow on my mobile phone. From data updating to screening, it only takes a few minutes. These days, you can run Jupyter notebooks on your mobile phone. I just need to download the daily price list that Morgan sends me every day at around 3 PM. Then, with a few clicks, I'm done. If I see any interesting tickers, I can analyze them further. It's really not hard at all. That's my way shaaa.

Is it possible to run the screener on different time frames based on the required criteria?

The strategy isn't the most important thing. Most strategy probably has some value. The most important thing is discipline. It takes discipline to go against the herd. To buy when others are fearful and bailing out, to sell when your stock is overvalued but prices are still going up.

"You may have feelings for a stock but know it that the stock does not have feelings for you"- Warren Buffet

What are the forces holding Wapco down. It doesn't seem to fly easily

essentialone:
Beware of those who after making a stock Recommendation, then tells you to do your Due Diligence also. In this market where people stake in their livelihood, one should make no recommendations if not certain of the fundamentals of the stock.

Asking for due diligence is an invitation to go and look at the company yourself and see if you'll arrive at the same conclusion before you put in your money. Nothing wrong in that. What'll be greater is after reviewing the company, you come back to the forum with your own opinion for or against investing in the stock. That'll make the conversation on this forum to be more robust.

onegentleguy:
Most folks are always in a hurry to make bold assertions from a coys SPL.
Again, look beyond the SPL and take a deep dive into the SCF and BS.

Only if you saw the massive/triple digit growth accross key VPD including but not limited to the coys NCP, FCFE, CCC, CGPR, FCF and JPBG
with the 1st 2 determinant printing a 107% and 297% positive line.
For a company operating in a broadly capital intensive sector, TRANSCORP managed to achieve all this with just 4% increase in NDP from lower EFIR (debt stance) despite the jump in capital allocation... yet even lower CBR.

Hear this bro;
TRANSCORP did well at delivering value!

The days of <N1 TRANSCORP may we'll be behind us!
Perhaps there's something Sir Tony and FO need to tell us.

It is well

Glossary: SPL- Statement of Profit and loss, SCF- Statement of cash flow, BS- Balance Sheet, FCFE- Free cash flow to equity, FCF- free cash flow, NCP-net cash position, NDP- net debt position.
This is the ones I have learnt so far.

onegentleguy:
Relax my dear. ...there's absolutely no cause for alarm.
What if I tell you that GT did slightly better than ZENITH on more VPD in view of their YE, 2022 Nos?
What if I tell you that GT currently "carry a bit more value with it" than ZENITH? (MoS/RRM from FVE)

Both coys are ok, but I have a slight preference for one ahead of the other.

Again, PAT does not always tell the whole story.
Look beyond the SPL and consider deeply their SCF and BS position.

I currently do not hold any of the 2 at the moment but if I were to consider an entry, it would be a 60-40% fund allocation (portfolio weighting in view) in favor of GTB. (ahead of ZENITH)
...of course, using an appropriate trade set-up.

As with ZENITH, the match in div pay from previous year (for GT) might be management's deliberate strategy to calm any expected sell off that may have otherwise built-in from the drop in NPM.
Could also be a way of telling us that the banks growth trajectory could be sustained in 2023.
(Q1, 2023 Nos will give us a clue though)

No thanks to the many structural deficiencies in the system, these banks appear to have built themselves in a manner that gives them the needed shock absorber to take in these sought of loses. (impairments in view)

On the share price, I think that dividend hunters (div growth investors) might want to hold... perhaps until post ex-dividend.
I expect a drop in price thereafter.
Again, I think Q1 and possibly H1, 2023 Nos will to a large extent determine the share price movement.

We'll see how the market reacts to this.

VPD,MOS/RRM, SPL, SCF and BS position. Haba,
Oluwa mi ero. Show us lesser mortals some mercy

I wish sonia a quick recovery but I can't help but wonder what will happen if Ekweremadu should discover at this time that he is not the biological father of the girl.

Market Quote: "If you're in a camp and a bear attacks, you don't have to run faster than the bear, you only have to run faster than the slowest camper"
Meaning: While you may need to wait long periods in a sideways market, you must constantly analyse new information and it's bearing on your holdings to determine if any action is needed before other investors do same. Don't be the one left holding the bag because you went to sleep.

Market Quote: "Price is what you pay, value is what you get"
Meaning: The quote seeks to bring awareness to the fact that price and value are not the same thing. To be an intelligent investor, you must be able to exploit this to your advantage. You must be able to know what you are getting in exchange for your money. This plays out best in a bear market where If you are able to buy a sound company really cheap you do not need a soothsayer to tell you that the profits will be massive somewhere along the line.

Market Quote- "The market can remain irrational longer than you can remain solvent"
Meaning: irrational pricing of quality stocks gives rise to opportunity for investors to make gain in the market but after buying during a time of irrationality, there's no telling how long you'll have to wait for the market to reprice your stock. So if you bought with debt, you might be forced out of your position before the market becomes rational.
Lesson: Don't borrow to invest if your planned means of repaying the debt is through capital appreciation.

Market Quote: "in the short run,the market is a voting machine. In the long run, it is a weighing machine"
Meaning: Any stock can gain in price in the short run simply because it's popular and many people are buying it but in the long run, only quality stocks with strong fundamentals will be worth keeping when the chaff will be separated from the wheat.

daddymgg:
Good morning All.
I have been trying to do my research on Geregu Power plant but I have not been able to get it right.
Listen 100 in nse of 5th October. Is it a good buy? Does anyone have a good knowledge about power plant future goal

According to the nairametrics article, PE is around 12.5. Which in my opinion is not outrageous when compared with other sizable companies in the non financial industry but what I'd really like to see is the quality of their earnings; how much is their receivables, how much do they carry in debt compared with the equity, what is the free cashflow like etc. Anyone who can help with their 5 year report please.

The broker said the stock was "poised to move" silly me, I thought he meant up. -Randy Thurman

Quote of the day

"The intelligent investor buys from the pessimists and sells to the optimists"- Benjamin Graham

Gfab20:
I advise you to stay away from them as far as you can. Just go on Instagram and Twitter and search TGIC and see what their members have been subjected to (though they have been actively deleting negative comments about them and doing image laundering on IG).

At the end of the day, its still your choice to make.

Thanks a lot for your comments though I never had the intention of giving anyone my funds to invest for me. What I'm looking for is a place where I can get good information upon which I may act. Here used to be great for the above purpose but accusations of monkey hunting has chased many of our ogas away.

Hello Everyone,
I wanted to join an investment club TGIC but I learnt that admission to new members is closed indefinitely. Does anyone know any other reputable investment club in Nigeria?

ositadima1:
Lol, you hardly get annoyed except for one time in 2020, me self surprise...



Enyinne really pressed ur buttons.

Lool... I remember. Someone called Aunty Mercy a keyboard warrior. Ayayaya ooo. Aunty Mercy was about to catch fire. Even me came out of my hut with fire extinguisher.

currentprice:
Ekuu Mkt o

Chief, Abeg what is the fair price of wapco according to your bed sheet

currentprice:
If not cos of the general mood of the mkt, I expect d stock to have move near N1 by now. One of d metrics on my bedsheet has been flashing the stock for watch since first quarter of the year and I informed penny stock lovers asking for stock pick, they loaded @21-22k

If taken oxygen seriously while analyse stock, it easy to predict courville is a candidate of takeover if d company continue with their latest report performance. take d H1 report check income stmt, balance sheet and cashflow, analyse each items in those reports u will see d reason for the plan to delete. as at d time I check d data, price was at 21k and bedsheet shows that who ever bought over the company bought it for free and the company will still leave the buyer with millions of naira ontop of paying nothing ooo who no like better things na. If management believes their number not Audio and guarantee good performance going forward, no be to go bank go borrow to pay u off. already they have like 10k free cash/per share @Q2 higher than the 4k Eps

Though this is not most of ogas here type of company sha N750m company at 21k

Anyway Q3 on d way. Fingers crossed

let me go home go sleep.

Cash is king

I wish that one day you or oga wanajo will organise a training on what you look at in analysing the fundamentals of a company. I'll love to see coy reports through your eyes.

Please house where can I get historical eps data of nigerian companies going back like 5 years

IYGEAL:
https://nairametrics.com/2021/02/09/11-plc-considers-n213-90-as-exit-price-for-nse-delisting/

Not what we expected..

Good Morning House,
Please does anyone have a contact for gtlregistrars? I have outstanding 11plc dividend with them. They have not acknowledged any of my mails and the phone numbers on their site is either busy or not reachable. I submitted my mandate at the bank and got proxy invite to the last AGM so I don't think its a mandate issue. If there is any other way to reach them, kindly share.
Thanks

onegentleguy:
Thanks bro !!

Yet another +1...
It's my Bday folks.

Pls join me in saying a big thank u to DEVINE for his GRACE.
Far above everything else, for his mercies and privilege of life despite my shortcomings.
...it can ONLY be GOD !! I remember the post above(a turning point)

No matter where u are, who u are and what u do, ALWAYS ALWAYS admit to his grace in ur life.
...Believe me when I say; it pays to do so !!

Regards

Using a fine mix of valuation models and metrics like the DIG and AIG together with the DPO where value has run far ahead of inherent risk and Mos together with FVE, where the Euler rule= 1 and its tending towards zero, I wish to say your posts have mostly been beneficial on this forum and I wish you a happy birthday. The Yorubas say "Igba odun, odun kan". Have a blast!

steveneche:
the UBN shares I bought yesterday has generated over 8% return within 24hrs.. experts in the house, what's the rationale behind why people buy bonds and treasury bill when the right stock at the right time can generate greater ROI?

It is that right stock at the right time yen gan that is the reason. Since there's no exact science to it, you could be wrong and if you're wrong, your money go do you Willie Willie. Here now and then no more.

STNWAUME:
That simply show that NSE has long become a BURIAL GROUND where investors fortunes die and decay quietly.

NYSE is the place to be. I'm a living TESTIMONY.

Thank me later.

A burial ground that you find so difficult to leave alone. Are you an undertaker?

Great insights from warren buffet in his letters. Very interesting read as well.
https://www.berkshirehathaway.com/letters/1995.html

Mcy56:
I just weak for all these slanderous posts here and there.
Always quick to come out and condemn those sacrificing their time to contribute positively on the thread.
That was how one called me a keyboard warrior, despite that he/she has never contribute a single meaningful post to the thread.
Even myself is trying to stay away from this thread lately......that's why I told him to take over and let's see what he'll do differently.

Aunty,
internet/keyboard warrior is not original to that lady. People use it all the time in e-fights. She has probably forgotten that she said something like that and you're still remembering it. Release yourself please, free that space in your beautiful heart.

emmanuelewumi:
It should be an endless ride oo

Oga be merciful. However, Folasope is a partner in Thermis Capital and Thermis has significant shareholding in UACN. They even bought more around February at about N8. My layman question is how is this sale to custodian investment good for them and bad for minority shareholders?

Blackney knew what they were doing after all.. Time to unbundle the remaining UACN in my portfolio and move on.... We will still make it all back.