₦airaland Forum

essentialone:
any last minute information about TIP? It was on Full Bid at 2.71, but 5 minutes to end of market, it went on Full Offer down to 2.30.

yMcy56:
Universal Insure

yMcy56:
Universal Insure

yMcy56:
Lol Oga mi I dey o.
Just dey observe today....
Market not doing badly, bull still around.....just usual dull Friday.

*modified*

maishai:
Guy calm down, why don't u wait for ur acct to go through d approval process b4 making conclusions.

Mind u, u opened ur acct on sunday, a non_working day......

There is no rush in finance, ur acct will be approved, give it time

Use this as a lesson on the type of environment u operate in....

As for me o...... I still rate meritrade high as u still see a customer rep to talk with while ur bp was high

emmanuelewumi:
These are the figures based on the last audited financial report of both companies, probably they might audit their accounts for half year or before they commence with the merger


DANGOTE SUGAR

Current price N29.85
Shareholder's fund N171 billion
Book value per share N14.1
Earnings Before Interest and Taxes N91 billion
Profit after tax N55 billion
Outstanding shares 12.1 billion
Return On Equity 32%
5 years average ROE 23%
Current EPS N4.50
Normalized EPS N3.17
5 years average EPS N2.37
Cash and cash equivalents N175 billion
Operating cash flow N105 billion
Free cash flow N79 billion
Operating cash flow per share N8.90
Free cash flow per share N6.53
Cash Flow Return On Investment 56%
Return On Capital Employed 44%
Free cash flow margin 20%
Free cash flow yield 21%
Net profit margin 13.6%
Gross Margin 22%
Enterprise value N396
Enterprise value/FCF 5
Enterprise value/EBIT 4.35



NASCON

Current price N25.5
Shareholders fund N19 billion
Book value per share N7.17
Earnings Before Interest and Taxes N9 billion
Profit after tax N5.5 billion
Outstanding shares 2.65 billion
Return On Equity 28%
5 years average ROE 25%
Current EPS N2.06
Normalized EPS N1.80
5 years average EPS N1.30
Cash and cash equivalents N13 billion
Operating cash flow N3.5 billion
Free cash flow N2.6 billion
Operating cash flow per share N1.32k
Free cash flow per share 98kobo
Cash Flow Return On Investment 14%
Return On Capital Employed 35%
Free cash flow margin 4.5%
Free cash flow yield 4%
Net profit margin 9.5%
Gross profit margin 41%
Enterprise value N83 billion
Enterprise value/Free Cash Flow 32.
Enterprise value/EBIT 3.6


You can compare and contrast. Definitely both companies can't have the same share exchange ratio

Mpeace:
Its like total energies shareholders dont know what is called Profit taking.

emmanuelewumi:
Multiply Price Book ratio by the reciprocal of the ROE.


That is what will give you PE


Read Benjamin Graham's works on how he got price book ratio based on the return on equity.


You can also goggle materials on how to get justified Price Book ratio for a security

emmanuelewumi:
At a return on equity of 12%, price book ratio should be 1.4 and justified PE ratio of 11.66

onegentleguy:
Good day all,

My sincere apologies to all those who've been trying to reach me.
I cannot reply to all your messages, mails and/or even calls at the moment due to some personal issues.
...it's a really difficult time for me right now.

I'll try to review and revert in due course.

I do hope you'll understand.
Regards

emmanuelewumi:
Non shareholders also attend the meetings, they bring jobless people in their communities to attend the AGM.


Most of us who don't attend AGM, some people attend such meetings on our behalf through proxy. It is a syndicate between some of the shareholders associations, Registrars and the company secretaries.


Imagine having a total portfolio size of about 500k, but getting 4 times of the amount as your own share of the AGM expenses from the company.

For praise singing it starts from 5k to 100k depending on the praise singer and the level of rot in the company.


If you a member of the audit committee that one is about 20k to over 200k per sitting and they are expected to sit 4 times a year.


They don't need fundamental, technical or sentimental analysis for this, they only need corruption analysis.

ojeysky:
Profit takers has entered the market

yMcy56:
Market doing well again today.....
* Sterling @2.75!
* TOTAL officially moved.......sighted @306!
* ETI is refusing to be removed from setting......moved much closer to Access/FBNH....@14.95!
* Mansard: 4.54!
* LASACO: 2.17.......full bid..
* JAPAUL: 0.57k...

* FBNH: 14.75.....15!
* ACCESS: 14.80.......15!.....15.40!
.* ETI: 14.95...
* UBA: 11.70......so far...11.95...

ACCESS finally overtake FBNH

* GTCO: 31.90.....32.50!!
* ZEE: 32!!

** This vex too much oo..

chimex38:
Mutual fund page is on 300..
Perfect 100th positions

emmanuelewumi:
This one na parable, please come down to our level .


I am actually going to get a loan in the first week of June to key into some names.

DrAwo:
New article alert...
Hope you learn a thing or two...

https://stocksng.com/broad-street-chronicles/

yMcy56:
Since you're for long term I think the fundamentally sound, consistent Dividend paying stocks will be more like it for you.......
The list you gave are good, but from my personal angle, if it's me, I'll remove Guinness and Seplat for now.......reason being that the current prices are high for me, you may consider them if there's pullback (price falls below CP).
F.U.G.A.Z is good.............no shaft there for me........and, you can actually take part in the coming dividends for F.G.A.Z "if you so wish" OR wait till after markdown before entering the bus.......

Stocks in Food and consumer goods are also good.
You can also do you DD and pick from the list.........Unilever, FMN, UCAP, NB, Fidelity, FCMB, APR, Custodian, Wapco, Vitafoam, GSK, Nestle, Total, Airtel, NGXGROUP.....
The two Oil palm stock prices have gone up OKOMU & Presco), you can wait for pullback and pick from the sector....
There are still quite some others in the Small, Medium and Big Cap categories......such as NPFMFB, Lasaco, Learn Africa etc.

**Note**
* Don't go for too many stocks
* Have a strategy in place.....to be buying more and topping up the ones you have whenever market dips (price falls)
* You have to fill E-Dividend forms for your stock picks and register with Nigerian broker with digital portal to be able to trade
* Deal with your emotions. Not healthy for any long termer to be watching and monitoring daily price movmts of stocks. Patience is a virtue here.
* Regular review and assessment is good for your picks.

* GTCO: The final qualification Date for dividend is tomorrow 23/3/2022.

Still typing......

emmanuelewumi:
That is the essence of diversification across different asset classes.


Dr Awo, this gentleman will be a good guest on your show

yMcy56:
E Ku market ooo.

Profit takers activities witness in UCAP (& AFRIPRUD) this early market hours......
Over 20M units done within the first 10mins of market opening.....wow! A bit massive......
Touched 13.90 before ranging around 13.40/13.50 as of now........
Once the dust is settled, we see how the stock progresses on it's Northward mvmt again.........
Ucap remains a value & growth stock to align with in this market.....

Heishere:
My share unit didn't reduce before I sold. Price just increased. Share unit remained the same.

hmohammed:
Hello everyone,

What is happening with GTB and Zenith. This was not my expectation. Was thinking the stock will rally in price. Anybody with gist abeg?

9free:
I reason am oh but this law enforcement officer made me think twice