TLAX:


Neimeth or Japaul of course.

Mcy56:

Sir, the point I'm making is that there could be more to an unusual rally than just assumptions and it's not about Japaul alone.
Jaiz rallied from 40kobo to current price.
Dangflour was rallying despite poor result released then..m .by the time we knew what was behind it, the door was locked, full bids for many days.
We can do better by doing more findings rather than mere sentiments when unusual occurs.

Mcy56:
I hope this forum is not fast losing out on value to sentiments in terms of quality information.
No wonder we are losing the gurus.....because if they research and come out with their findings self, we are ready to attack them.
In the past people would have been curious about what is happening in JP and Neimeth.....and would have commenced research so that members can benefit should there be goodies brewing.

Till now, no one can tell us what is driving Neimeth....it's only prediction comes true.

Anyway, I rest my case.

Mcy56:

Not disputing that.
We should however try to know the rationale behind the profit declared instead.
We should seek for more info on what's happening, what informs the sudden profitability status, is anything brewing in terms of acquisition, sell off, etc.
It will help us much better than just bad-mouthing a stock.
Diamond was not a far fetched example. Dangflour too.

Chibuking81:

94% of UAC PROPERTY not REIT, while UAC PROPERTY own 50% of REIT. That's why they will be allotted 6 units of UAC property per a share and half of REIT per a share holding.

I ask this question last time no one answers it
What is a fair value price of stock with EPS of
1. Negative earning of - 612 kobo × 6 = -3672 kobo
2. stock with EPs of 96 kobo
3. Stock of EPs of 32 kobo

All in one?

Chibuking81:

94% of UAC PROPERTY not REIT, while UAC PROPERTY own 50% of REIT. That's why they will be allotted 6 units of UAC property per a share and half of REIT per a share holding.

I ask this question last time no one answers it
What is a fair price of stock of with EPS of
1. Negative earning of - 612 kobo × 6 = -3672 kobo
2. stock with EPs of 96 kobo
3. Stock of EPs of 32 kobo

All in one?

Chibuking81:

You get it cheaper through UPDC REIT. UACN might ended as a trap. Is like one buying stock of #5 per a unit from primary market (IPO) waiting for his or her certificate to come out or be credited, while waiting he sees the price of that stock moves from #5 to #10, only for him to see the same stock dropping to #2 by the time he got his/ her certificate.

Mcy56:
Enemy of JP full this thread.
Could see some wishing everything should go wrong.
Na to dey trade these type of stock codedly now.
I'm sure those offers are from Nsempas.
When I started seeing offers of 20M, 30M, 50M single bid .....then I will believe it's actually full offer..... until then...

When you guys knows you cannot ride this stock or have liver for it, you for stay away nah.
What fundamental is driving Neimeth?

stcool:
Na so Japaul wan take Trap people again

Mcy56:

Coolcash, I can remember when you posted this analysis.
What held me back initially was the cost of sales aspect.......but later viewed bit from the positive perspective.
With right management in place, JAPAULOIL may have returned to profitability going forward.
We wait and see how it goes

emmanuelewumi:


The result comes out around July. Going forward the REIT will generate additional income from the purchase of Kingsway building from UPDC.
There are 2 banks, an eatry outlet, many shops and offices at Kingsway building, I expect a conservative annual rental income of about N200 million from this Investment

PETERiCHY:


It's this type of analysis-paralysis that made you miss BUA & only discovered NEIMETH when it has already gained 250%

emmanuelewumi:



I disagree with this, I have both SFS REIT and UPDC REIT.

SFS REIT at N65.00 paid a dividend of N7.00

UPDC REIT at less than N4.00 paid a dividend of 58k.

Value of Properties owned and managed by SFS REIT is about N2 billion, money market Investment of about N400 million.

Value of properties owned and managed by UPDC REIT is about N23 billion, money market Investment of N4 billion in 2018. N3 billion was redeemed in 2019, which UPDC REIT used in buying Kingsway building Marina from UPDC

Chibuking81:




Any markdown on their share price, due to their newly listed light issued? This is like Hawk on its mission to devour, targeting UPDC REIT. The right issue at side of UAC property was much.

arduino:

Guy this statement is uncalled for nah.... The market is open and big enough to accommodate all kinds investors too. Abeg, make ups drop these fights.
Disclosure: I hold small Afolabi units of UACN

Coolcash1:


Don’t worry I will join you in the bus when it comes to pick more passengers.

emmanuelewumi:


Can be fun, when you devote maybe 10% or less of your dividends or steady income towards it. Provided you are disciplined and won't be addicted to it

TLAX:


lol...There are some sectors i will never put my kobo in. Even if all the stocks in that index return 500%. Insurance is one of them.

emmanuelewumi:



But you can build your wealth slowly and steadily, and also have your sanity. You may decide to speculate using returns on your Investments

megawealth01:
You weren't authoritative in your assertion... Sometimes you aren't too sure... You only come forward whenever the tide is NORTH

onegentleguy:



Thank God ur eyes don clear now.
...I remember when u were arguing with me on this same coy.(see post above)
Then, u were seeing a bad financial print, while we could extrapolate and interprete it as "VALUE in the making"(see part in bold)
Some folks here even projected a 20k price then.

I wish the stock had enough OS like banks. ...some of us would've loaded more @ that 38k like there's no tomorrow !!
Anyway, its all good.

Btw, I also think that something might be brewing in the coy.

onegentleguy:


NEIMETH now trading @ N1.34, up on maximum gain today. ...and by over 250% gain from that 38k peg !!
Dude has even gone on its "usual tradition" of full bid !!

It is well.

emmanuelewumi:



If the EPS of N6.30k is backed by cash, dividend of N1.00 should not be a problem. The company will come to raise funds through right or public as soon as possible whenever the coast is clear

Uchetoba:
I have used every means possible to explain this very project, so that nobody will come here tomorrow to tell us that they were not informed, misinformed or that they were confused about the whole thing. That that was why they missed out on the project.

lmm4real:
So with all the bonus and divided JBerger no touch #30.

DeRuggedProf:
In the stock market, the greatest sin that can't be forgiven is not that of a wrong entry or exit point, but the sin of squeezing yourself into ILLIQUIDITY!

When the disjointly staggered clusters of bids suddenly run dry for weeks on end, you understand the very deep pains of a frail old man that paid the handsome bride price for a virgin....

locodemy:


While the pullback is ongoing,loco has sold all fidson and wapco sitting on only cash.

Seems tomorrow is another public holiday.
Next week is June.Oyinbo will not use my brain rather I will use their own brain.

If the green continues next week,better for me to do a new 10 to 20% if at all the bull will continue.

onegentleguy:


No the correct formula I deduced is; Mark down price(Mp)= (Pbm - Dd) X [Pbm[Br/(Br+1)] and not the one u mentioned. ...U should replace the 1st figure "1" in ur post with "Br".
U can see how I deduced the formula from my initial post that was edited.

...and yes I initially did align with @ rebakah' N21 estimate but that's because I made a typo error even though I used the formula above.
So am sorry, but @ rebakah estimate is also wrong.
The correct answer is N20.7 if we assume a N27.2 equity price for JULIUS BERGER before mark down given the N2 dividend and 1 for 5 bonus declaration.
Like I said before; Anyone who sees confusion in the mix can do a check by inputting any figure using the formula.

Pls do well to be guided accordingly.