₦airaland Forum

Opiletool:
Go to YouTube bro. His albums are there. And if you wanna download, I'd advice you get a YouTube download app like Tubemate (you won't find it in playstore or apple store) and download pure versions. Those ones on naija music sites have been altered with those annoying intros, except for tooexclusive.

Happy Birthday Brymo. Always and forever a fan of yours.

LeafMeAlone:
Brymo, real name Olawale Ashimi is a Nigerian folk/pop/afrobeats singer

He was born on the 9th of may 1986 to a carpenter father and petty trader mother

I'm still hoping he will bless us with a track featuring ASA

Let us celebrate this musician who carved a niche for himself, stuck to it and has been giving us great music back to back


More on his bio here:

https://www.youtube.com/watch?v=zx6WBd9khg0

rebekah2011:
https://www.mtn.com/wp-content/uploads/2019/03/MTN_Annual_Results_Conference-Call-Transcript_07032019.pdf
https://www.mtn.com/wp-content/uploads/2019/03/MTN-A5-Results-Booklet_Financial-Section-NO-CROPS.pdf

rebekah2011:
Yes ooooo. Imagine if one can build a tidy and healthy portfolio that return good dividends every year.

rebekah2011:
The stock is valued between 80-85 naira per share. Dangote Cement has about 17b shares and it is selling for N181. The PAT of Mtn Nigeria for 2018 was N453b. It is poised to go higher this year, it, therefore, suggests that the outstanding shares are not too large.

rebekah2011:
Picked small of Zenith at 20.55 today, not bad for a stock that will likely pay N2.80 in 2019. Looking at picking UBA too. N6.50 will be a good price for a stock that will likely pay 85kobo next year.

Tvegas:
This is the defeatist mindset that holds the average Nigerian down, why dont you allow the OP make an attempt first. Except you were making an attempt at sarcasm or some jokes that comment is somehow.

stcool:
I don't know how we can go about this, but i feel through this forum we can make a positive change. Can we have members here register a forum or organisation that would protect the rights of shareholders. I mean most of the irregularities in the market are first pointed out on this forum and we can have a voice that would demand a change and see that this companies are held accountable.

I remember the Oga taking on AIICO on this same issue of taking minority shareholders for granted and other cases that initiated from discussions here. You can imagine if we all join hands to this course, protecting the rights of the common investors. Cases where we need to write this companies we would write them, where protests are needed we come out in solidarity, and if we need to take it up with the authorities we do so as one voice until justice is served.

I am telling you this companies would wake up...and our voices can become very powerful for the next generations!

jamace:
COURTVILLE 20M+ Traded today.

Something is cooking o.

laydap:
Forte Oil might be the next bull .. With the conclusion of the disposal of the Upstream, Foreign and Power Assets and payment of the Special dividend, phase 1 has been concluded.
Phase 2 which is very imminent is the exit of Femi and sale of the remainder of FO (downstream Assets) to the Prudent Energy Group (Ignite). Modelling FO’s potential valuation including using OANDO 49% sale to Helios and the Mobil’s sale to NIPCO, we should have some handsome valuation with good upside to the price FO’s is currently trading at. We may currently be witnessing a "shakeout" after the Q1 result before the acquisition announcement is made soon and the bus takes off..

https://www.pulse.ng/news/local/otedola-sells-off-forte-oil-shares/1jd6l7s

does this modelling take into consideration d size of FO downstream via a vis comparatives? (Onado/ helios & Mobil/Nipco)

wld appreciate if you shed more insight

tritritri:
without general bull transcorp alone cannot last..over 40B OS ...

OakPearl:
Who else sighted those 21m and 24m units block trade on Unilever?

RabbiDoracle:
They seem to be normalizing the yield curve.

Now they want investors to be packing their money into longer dated bonds rather than short term bonds. Soon Tbills (less than 1 year) will not be attractive.

maishai:
After listening to uacn conference call I think whay befall them is about to befall flour mills and honeywell as olam enters the game big time, they complained bitterly about a new competitor in their animal feed market and how this competitor is price cutting them.........

Anyway, the way these companies go about valuation makes me wonder if annual financial statements are true positions of this companies......I can imagine some one buying DF 4 years ago at 0.90k and cashing out #26 in due time(even warren buffet will envy you)

onegentleguy:
NOT saying FLOURMILLS could go on sale.
...was ONLY having a tentative view of things from a price VALUATION perspective.

It is well !!

robobo:
i doubt this also if you take ownership structure into consideration
was easy for Dangote cos his hand were in other pies
the only possibility of this happening is if d sales wld only be for the Flour business of FMN
remember FMN is much more larger than the flour business alone
however i totally agree with you on the price perspective

onegentleguy:
Instead of worry about a missed opportunity, why not think about what might likely present itself as ‘the next big fish’.
Think about this; If OLAM could afford to pay a supposed approx. N25-26.5 valuation (a possible 125% ROI from current mkt price), for a non-mkt leader in the flour business sector, then what would they have possibly paid for the mkt leader- FLOURMILLS?
I think FLOURMILLS @ the present price of N16.40 might just be the likely next big fish.
Believe I mentioned that here recently when I posited a N16.5 intrinsic value for FLOURMILLS.
…Its presents a good MoS discount to tap from.

But then again, due diligence should still remain ur 1st priority.

Agbalowomeri:
Dangote bought back DF at N3ish
Now selling at N26

yok:
RE: SELLING OF DANGOTE FLOUR TO OLAM

Interesting development. If Olam is buying the Flour arm, I will not be surprised if Olam equally go for Dangote Sugar soon.

Let us keep watching.

CAUTION: This is just my personal opinion. It is not news or fact.

radautoworks:
ROFLLLLLL. You're way overthinking this. Will do a visual inspection for free. If anything pops up that might require extra charges, we get your permission before we go ahead. Somewhere on the site is a sample of our complimentary diagnosis sheet.

Recommend you book an appointment through the website and show up on time because we've been experiencing 2-3 how wait times just to get your car in.

radautoworks:
https://www.mrtransmissionmilexnigeria.com/free-performance-check

radautoworks:
Hello,

I assumed 3.2 l engine.

Oil 8 qt (N29,010) replace in 5,000 miles or 6 months whichever comes first
Filter N3,668
Labor N3,000
Diagnosis free
Time 40 mins -1 hour 20 minutes with full diagnosis
N35,678 plus taxes approximately

Mcy56:
Lol. You know I didnt even notice that, thought its one Seun11 that used to post here.
That kwesion na from oga on top to my ogassss on top here.
Oga Kolaish come and carry your kwesion from Oga Seun.

radautoworks:
Hello,

It depends on what you want. We have a complimentary visual check of suspension, trouble codes and fluids. Most oil changes excluding materials are N2,500 and so are most diagnoses without service.

rebekah2011:
The loss in UACN is due mainly to Livestock and UPDC. In fact, UPDC going concern is in doubt. I wonder how the company found itself in the kind of situation it is at present. A dividend is declared out of retained earnings. The retained earnings of the coy must still be in positive. So they are in order if they choose to do so. However, the company needs all the cash it can find anywhere now to continue to get out of the dire financial difficulties they have found themselves.

mendes911:
Boss, I believe that without these FPI coming back to participate, NSE will go down.

People think that rolling out of policies will bring them back but they have seen how many policies that have been rolled out the past 4 years, so they are not really interested.

I see them coming back when we hit a very low level or maybe floating of our currency (or any other changes relating to foreign exchange).

I became very afraid when market refused to react very positive to Zenith Bank 2018 FY result.

I could be wrong though on my assumptions but that's the position am willing to take for now.

radautoworks:
Good morning, all fluid specs below. Yes, definitely need to service it and also recommend a full diagnostic to see if there are any underlying issues and what kind of service to need. It might just be oil and filters or it could be spark plugs, etc. You'll also find out if it's been abused and you need to compensate with a different oil from spec.

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/25047_UNITED_CAPITAL_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2019.pdf