₦airaland Forum

aworhmabel:
Please how can I find the resources you spoke about. The Link In page one is not active


Hi,

I used the following:

Listening: ieltsonlinetests.com

Reading: ieltstrainingonline.com

ieltsliz.com for my writing.

Speaking: I watched demo videos on YouTube on the format to answer questions for speaking. You can just google the IELTS speaking videos with band 9 on youtube.

GRACEGLORY:
We're not saying the same thing sir. Speculation is no fact but guess work.

Speculation:
the activity of guessing possible answers to a question without having enough information to be certain.

GRACEGLORY:
This thing you call scam is going to swallow fiat and their upcoming BRICS fiat, it's a financial Tsunami.

OgogoroFreak:
The real loss is recorded through altcoin too. Let's be guided.

You said it's information they needed but information in crypto changes like an ashawo.

The so called information would keep them jumping from one alt to another and lossing good money along the way till they are broke and kicked out of the space.

Those kicked out of the space would tell u they are no longer in crypto till further notice. Na because, altcoins don show them shege.

Today you mentioned Ai coin & Co. I remember before when people said it was metaverse, web3 and Co. Wonder how long the current one would reign b4 people move on to a new trend. Just dey play.

Dayhorla:
Wow, congratulations.

I don't know how you found the courage to write the third time but kudos to you. My first attempt was some months ago, and my writing was poor. To register again has been an issue because I panic whenever I'm about to select a new date

nassipickin:
You don't need any money, and you don't need any lawyer, as long as you can express yourself well.

You can also go to the Small Claims Court, Ministry of Justice, Alausa, Ikeja Lagos. The Small Claims Court, I'm very sure will help you more. You can even initiate the Court process online.

SmartyPants:
Take him to the National Industrial Court. Don't sleep on your rights and have no fear. I was at the National Industrial Court yesterday and someone won 140k from his employer.

Don't be afraid.

emmanuelewumi:
Good day, kindly forward the soft copy of the book on the relationship between return on equity and cost of equity on the price book value of a stock

Illegal1:
omoh........cum see beta ass for bayelsa,if nah ass be ur problem..

sgtponzihater1:
So if I want to withdraw 250k dols of my own money bamboo will take 1.5%. Thats super expensive, and not applicable in any other country of the world.

sgtponzihater1:
Which platform provide the lowest overall fees? Thanks

sgtponzihater1:
Chaka

Emeskhalifa:
Project that shook my bank account and nosedived

My advice to everyone reading this, "Pls do not be like me. Any business idea, investment you have no knowledge of, biko invest in knowing it first before you do any commitment to the business, if you can't make that sacrifice, pls don't waste your hsrd earned money starting the business because those who know the business that you think you can trust to be your guidance in the business will just take advantage of the situation and wreck you.

emmanuelewumi:
Behind every stock, there is a business and market for the product or service of the business, understand the business, competition, market and their corporate strategy so that you can make informed Investment decisions

emmanuelewumi:
Good day, kindly forward the soft copy of the book on the relationship between return on equity and cost of equity on the price book value of a stock

ositadima1:
Stocks can yield good returns if proper research is done.

For example, I bought GTCO shares last October at 17 naira per share, and currently, the share has gained 41% since then. I am due for a dividend on Thursday, which amounts to 14.8% of my investment, resulting in a total ROI of 56.8%.

I am not saying that investing in stocks is easy or without risks, but with diligent research (here and beyond) and some luck, a regular 26% return is achievable.

By the way, I am planning to sell my GTCO shares tomorrow since it no longer holds a priority on my stock screener.

He go well.

emmanuelewumi:
Can you share the screenshot of what you read.

emmanuelewumi:
Exactly.

I know what I am paying is reasonable enough.


I know a guy who makes a revenue of over N80 million per annum from waste management from the local government, his direct assessment tax was just increased to 250k even though he was also making an additional weekly income from event center business

myke92:
Hope you eventually got your desired score band.?

emmanuelewumi:
There are materials online also read books written by successful investors

emmanuelewumi:
For Dangote cement with a return on equity of 35%, from my chart the price book value should 4 and Price earning ratio should be 11.4.

At a book value of N64, it should sell at N256 at an EPS 22.3 it should sell at N254..

If you give provision of 10% for margin of safety, it will be okay at N230

yok:
We should do things the simple way. Go inside the bank and do the transfer either with your cheque/bank transfer form or the bank app. Money should hit your wallet under 10 minutes (use your Naira account only).

emmanuelewumi:
Yes it is based on the outstanding shares, always check the 5 year financial summary towards the last page of the report

emmanuelewumi:
I also do a 5 yr earning CAGR, 3 yr earning CAGR and Year on Year growth.


The essence is to see if the earning CAGR will reduce or increase going forward.


Look at NASCON the 5 yr CAGR is 6%, 3 yr CAGR is 42% and Year on Year earning growth is 89%. With this it is safe to say next year 5 yr CAGR will increase to 20% or thereabout


Where Dangote cement 5yr CAGR is 11.5%, 3 yr CAGR is 7.4%, year on Year earning growth is 6.5%. it is safe to say future CAGR of Dangote cement might slow down

emmanuelewumi:
Earning Growth analysis of some of the businesses that recently released their 2022 results.


One of the way to grow wealth through the stock market is to invest in businesses that are consistently growing their earnings and the return on invested capital is higher than their Weighed Average Cost of Capital.


In my analysis I looked at the 5 years compounded annual earning growth rate, 3 years compounded annual growth rate, year on Year growth, average 5 years EPS and the percentage difference between the average 5year EPS and the current EPS.


Dangote Sugar

5yr CAGR 24.9%
3yr CAGR 59.6%
YoY 145%

5y average EPS N2.37k
Current EPS N4.51
Diff between current EPS and average EPS 90%



Dangote cement

5yr CAGR 11.5%
3yr CAGR 7.4%
YoY 6.5%

5yrs average EPS N20.6
Current EPS N23.87
Different between current EPS and the average EPS 15%.
Pls note that yr1 EPS of Dangote cement was adjusted for tax credit or pioneer status waivers


BUA
5yr CAGR 12.1%
3yr CAGR 18%
YoY 12%
5 years average EPS N2.28k
Current EPS N2.98k
Difference between the current EPS and the average EPS is 30%


Lafarge Africa

3 years CAGR 30%
YoY 5%
3 years average EPS N2.00
Current EPS N3.33k
Difference between the current EPS and average EPS is 66%.
Please note the analysis was done for Lafarge over a period of 3 years after the business was turned around.


Vitafoam

5 years CAGR 49.5%
3yr CAGR 13.7%
YoY : Flat
5yr average EPS N2.28k
Current EPS N3.53k
Difference between the current EPS and average EPS 53%


MTN

5yr CAGR 25.5%
3yr CAGR 32.7%
YoY 21%
5yr average EPS N11.90k
Current EPS N17.80k
Difference between the current EPS and the average EPS 49%

Nigeria Brewery
5yr CAGR (8%)
3yr CAGR 35%
YoY 4.3%
5yr average EPS N1.73k
Current EPS N1.68k
Difference between the current EPS and average EPS (4%)
Note that earnings retrogressed in Nigeria Brewery in the last 5 years, the current EPS is 4% less than its average 5yrs EPS


United Capital

5yr CAGR 30%
3yr CAGR 28.6%
YoY (14%)
5 yr average EPS N1.50k
Difference between the current EPS and the average EPS 43%



Nestle
5yr CAGR 5%
3 yr CAGR 11.7%
YoY 22.3%
5yr average EPS N54.70k
Current EPS N61.80k
Difference between the current EPS and the average EPS 13%


NASCON

5yr CAGR 6%
3yr CAGR 42%
YoY 89%
5yr average EPS N1.30k
Current EPS N2.06k
Difference between the current EPS and the average EPS 59%.


This is just an earning growth analysis, you need to carry out your financial health/earning quality analysis, value creation analysis of the businessess before making a decision

ositadima1:
I drew an intriguing comparison between the 5 year earning growth and the stock growth expressed in the form of price appreciation. It was interesting to note that some stocks demonstrated similar growth rates in both areas.

However, if earning growth impacts investors' perception of a stock's attractiveness, why do some stocks perform differently? For example, consider the case of Wapco, which has seen a negative growth rate of -7 in contrast to a positive growth rate of 30 in earning growth.

One possible explanation could be that the market had overvalued it in the past and has now corrected its price accordingly. Alternatively, there may be untapped value in the company that has yet to be fully realized.

Note that SCAGR refers to the price growth rate over five years, while ECAGR represents the earning growth rate over the same period.

Willie2015:
. You will not see SEC when you need them... This is too much for withdrawal charge..Berra port to a foreign broker.. All these Naija firms are wicked...