₦airaland Forum

NoMoney:
Kindly explain how you came about the conclusion that I am suffering from confirmation bias.

Confirmation being that you look from evidences that support or confirms your belief while you ignore evidences that contradict your belief.

Given the recent profit profile of the company what do you think a reasonable valuation will be. Is a PE of 2 too high, too low or just right?

Oando took on debt to buy an asset assuming the cash flow from the asset will remain at historical levels without hedging the price of oil for the duration of the loan. They ran into problems when the price of oil dropped and the cash flow was insufficient to meet loan repayments. C&I Leasing on the other hand took loans to buy ship and locked in long term contracts for the duration of the loans thus hedging the cash flow from these assets. They consequently had their best two year ever profit wise during a recession. Spot the difference between Oando and C&I Leasing?

Please note that I didn't come online to promote the stock I just intervened to correct the bashing of the stock.

On your assertion that there is a 10% probability that I might right, which of my comment are you referring to and why such a low probability

1.C&I Leasing intends to raise N25b selling 2.6 billion shares?
2.C&I Leasing is cheap at the moment and the fundamental supports its share price getting to N3
3.C&I Leasing debt profile is sustainable given their cashflow

I am open to constructive evidence backed by facts and I will really appreciate it if you could assist in correcting any bias I might have.

Kindly note in all my submission how I attempt to attend to every issue raised instead of dismissing arguments with sweeping statements. I will appreciate similar responses.

currentprice:
did u heard or assuming make ur post clear brov

fake information because of selfish gain is not good on this forum

mendes911:
Not to worry, they will reappear at N2.50.

mendes911:
Not to worry, they will reappear at N2.50.

OakPearl:
Veritas Registrars is the Registrar for Dangote Sugar.
Your dividend warrant might have been dispatched from them or returned unclaimed.
You will need to identify yourself with a valid ID.
Look for the nearest Veritas Registrars office or send them a mail - (enquiry@veritasregistrars.com)
Even if they cant find your warrant, an e-dividend form will be issued to you to fill and return to enable you claim this and future dividends directly in your bank account.
Best of luck.

Jejebaba:
They might use the opportunity to push-up the banking index higher so as to do right issues.
We need to watch our back seriously once some banks start getting overvalued.

locodemy:
E get one stock you mentioned for the list wey go make people rich next year.The stock get plenty shareholders even foreign investors don line up to invest in the company.The stock fit pay small dividend next year but the price will go far.

If you know the stock,kindly post the shareholding structure of the company lets see.

Agbalowomeri:
The bus no get driver and conductor again o. Who go stop am make u drop?

Agbalowomeri:
The bus no get driver and conductor again o. Who go stop am make u drop?

hyness:
Please Sir do not post this type of information with certainty "Don't buy CI Leasing", because you did not add link to such unverified information.
And such important plan or information concerning a quoted company that is not on NSE site should not be passed-on with certainty the way you did, it can create panic. And they are not "highly indebted" as you said (wrong information), they are looking for funds to expand their business, and their debt to Abraaj is "loan stock" convertible, that is if they decide to take that route (which will be dilution according to Oga Agba), but their GMD plan to redeem part of the loan from fund sourced from business activities and Contracts.
Note: Pls know that hints on current happenings in quoted companies are appreciated but if not verified it should not come off with certainty. Thank you Sir.
https://www.pinterest.co.uk/pin/617626536368441356/

locodemy:
News is one of the dangerous weapons of stock market.
News can lead a stock to full bid,News can also lead a stock to full offer.
When i saw this cileasing reconstruction issues here,i quickly called a broker to confirm,he told me its already in the public domain.
If it is actually true,SEC and NSE should be prosecuted for covering evil.

My advice is SELL your stock @ 20% profit if you are not sure of what you bought.
I will be 18-20% profit in CADBURY by next week by Gods grace,you know what?
I will pull my trigger because of uncertainties in the market.

Agbalowomeri:
Post the scan here or Adonblivt

Agbalowomeri:
Post the scan here or Adonblivt

Agbalowomeri:
Post the scan here or Adonblivt

currentprice:
brov, pls post the link so that it will not look like hunting monkey

currentprice:
i no doubt you my brov, bussiness day news is not local paper, i just like to buy what i see. thatall

currentprice:
brov, pls post the link so that it will not look like hunting monkey

fxuser:
heard about this ! Weekly chart shows retracement ongoing sef after d huge run up