₦airaland Forum

Toluway:
Please help. I'm been selling my moribund stock, not minding how much I'm loosing, even 50% , because I've understood that in this market, it is wise to ensure that your money is working for you.
I planned to use the money available from the sale to buy other stocks come January, because many of us here predicted bear against the month of December.
But to my surprise, instead of bear, most stocks have been trending! This seems confusing, and I think one may have to buy his stocks now, b4 the rally goes beyond reach.
Please advise me, good people of Jerusalem.
And, Which stock can I buy right now?
I don't want to mention names because others are also important. Thanks as usual.

valacious:
FCMB--BAD RESULT...BAD!

DeRuggedProf:
Most of the volume traded in Transcript today was done at N1.32.
I kept seeing Buyers wall @ N1.31 ( I was enclosed too.... ) and Sellers wall @N1.33.
Meanwhile, someone kept pushing in blocks of 500K at N1.32 and another guy kept picking the units at that same N1.32.

Agbalowomeri:
Wave 3 of the major Elliot wave moving in within 2 weeks
Long bull like no other
Call for reinforcement to hold down nse screens to prevent a "bull-crash"

Fasten your seat belt

Mpeace:
Your post reminds me of one dangerous road that leads to jos from abuja. On this road is a signpost that reads:"Drive Safely, MANY HAVE GONE".

locodemy:
Wetin you see in the past is bears but you never see the long bear bear one.
wait you will see it after this xmas gifts.check the sample below:

tritritri:
Aberg Just leave OANDO out of this...oando has ruined many life .

locodemy:
Bears with long bear bear is coming o.
Just take your xmas gift and do vuuuuuum.
Remember rule 1 kobo is restructuring the market by January.
Dont be greedy now because of the the bull you are about to see.

NoMoney:
Dear Samguru,

I will try to address your concerns

1.Liability: C&I Leasing has a lot of debt which is very sustainable. I will try to explain sustainable. If I can lend money at 13% from a bank and fix in treasury bills at 15% that debt is sustainable and the more debt I collect from the bank the better. If they are willing to lend me N100billion, I will collect. C&I leasing major debts are used to finance the purchase of vessels that are put on operating leases to the major IOCs such as shell, Chevron etc on fixed term contracts of 5-8 years. The cashflow from these contracts can pay off the loans while the vessels have a 50 years life span. Once the loans are paid off the remaining cashflow less operational costs translates to profit.

In lay man terms, If you are asked to take a N1billion loan to build a house and chevron is ready to rent the house for 5 years at N250ma year. In five years the rent pays the loan and interest whilst form the sixth year all the rent is mine once the loan has been paid off and the house is fully yours. Will you be willing to take this loan?

2. Abraaj, Custodian and Allied Assurance Leadway Assurance are major shareholders in the company. The Executive Vice Chairman also represents a major share holder in the company


3. The company offer the following services
a: Leasing of ships to IOCs. Revenue is in dollars
b: Provision of contract staff to major companies including Diamond Bank
c: Sale of Suzuki cars in nigeria (loss making at the moment)
d: Operator of the Hertz franchise in Nigera
e: diversifying into the power industry and other sectors
f: provision of car tracking services

4:Profits have been consistently growing but they need to raise additional equity given the volume of business to be tapped due to the cabotage law which favours Nigerian companies for the provision of shipping services in nigeria. they have previously relied on bank loans to finance the business and paid 2billion interest in 2016.

I am NOT a C&I leasing insider but yes I have shares in the company and I have done my research and the company is a resounding BUY.

leo1234:
How far with that manager that gave you insider information on ci leasing?

NoMoney:
Please argue constructively and with figures. I find wise cracks about going to the village lame.

I did not value the company at N2.5billion the market values it at N2.5billion (1.8billion shares * N1.30k per share)

Its share holder's funds is around N8billion which is closer to its intrinsic value.

At PAT of N1billion it has a PE ratio of 2.5 which is fantastic in any market very few shares beat that in any market and if you find such jump on them especially if you expect the profits to continue to increase into the future.

Total number of shares at the moment is 1.8 billion shares which will be reduced to 400m shares via reconstruction

After reconstruction, the company will sell 2.6billion share to raise N25billion naira and will now have 3billion shares at about N10 each giving a total market capitalization of about N30billion

To sell rights at N10 the market price might have to get to N12 (which is N3 pre construction)

I never said they are selling 25billion shares at N3, where did you get that from?

Bianco1:
Bros, what's your estimated fair price for Access Bank?

currentprice:
LOCOO,, where is fcmb Q3 this is how skye BANK started o

ihedioramma:
The same to you O

currentprice:
different pple with different means of determine when to enter mkt for me there is one stock that has been my own indicator to know mkt is about to turn north. once i see the stock stabilize,, or move green for 2 day. i don't look back to enter mkt for my target stock.

with this post many will think it can only be either FBNH or Gtbank. no very wrong. call it monkey hunting but i will not never reveal the stock but it very easy to know d stock by yourself with little research,, just look at all d previous bear runs and the takeover of bull by the leading fighter stock

Manonamission:
This sale of N3.75B was already captured in the Q3 result. There's no other Plant or Machinery available for sale as at September, 2017. Refer to attached from the 9M'17 result

DeRuggedProf:
It was not captured in Q2.

DeRuggedProf:
Sure?

PharmAlfred:
Is this not the deal which its earning was reported in the 9months result of Dangote Flour?

currentprice:
below are some of post on cileasing. if coolcash1 able to bought that 3m will he pray for car park even if the company worse than nigerian-german



Oga Currentprice

You should know the market is dynamic and that is the reason everybody is searching for information here and there a good stock today may turn bad stock tomorrow






when pple are shouting N3 an N4 bustop quoted is what i stand for