₦airaland Forum

currentprice:
many of us on d sideline now will eventually miss the current opportunities or able to buy when stock rise for about 35 to 45% when the bull show face.

this GTB H1 Audited report shows that there is nothing serious that will affect banking result/dividend at year end. Hmm forward pe of less than 4 with roe of about 30%...

wait and see zenith result which I believe will be better than this.

note; i enter mkt last week and still loaded with some cash to load more soon

mendes911:
At this rate Fidelity might touch 90k ooooo.

Eti is even tending towards 15 years low.

LOL.

pluto09:
Abba, how will you compare Trump with buhari?

Mcy56:
Dear bros, sorry I have to quote you, the thing is that many knew the truth but sadly we dont ACT it.
A lot goes into the problem on ground, PMB is just another phase of its continuation and not necessarily the cause. You know very well more than this, lets not be addressing the issue on the surface! Make I stop there, I no get strength to argue.

rebekah2011:
I think we need to always put sentiments aside when commenting on a volatile issue like this. We all want to buy shares with good fundamentals but not definitely wishing that everything should crash to teach lessons. Who will carry the brunt?

Intendy:
Stocks with new 52 week lows

Zenith Bank #16.20k

Fidelity #1.47k

GTB #25.95k

Jaiz #0.37k

Oando #3.60k

Ecobank #7.00k

Transcorp #0.84k

Dangote sugar #9.55k

Ucap #1.80k

Fbnh #4.65k

Law Union #0.36k

Total #105.80k

Uacn #4.95k

edwardaigb:
Sold my shares 3 months ago and bought a land which I have fenced round is the best decision I have made this year.

Intendy:
Stocks with new 52 week lows

Fbnh #5.00k

Transcorp #0.89k

Zenith Bank #16.80k

Eterna oil #2.60k

Livestock #0.41k

Continental reinsurance #1.27k

Law Union #0.39k

Uacn properties #1.12k

Ucap #1.90k

Guinness #41.40k

Chai see as mendes911 stone me oo

Agbalowomeri:
It would hardly move above 22.5

veecovee:
Awww! Who's dealing with my fidelity?

Agbalowomeri:
Ogaju

onegentleguy:
A FRESH PERSPECTIVE ON LAFARGE WAPCO

Looking through the current financials of WAPCO, it seems that the company is now on a good path to resurgence !!
But then, someone might say; U have always criticized the coy in the past, so what has changed?
Well, the result has changed, I would simply answer !!
Good a thing, they drew their inference using the phrase; 'in the past'.
Like I always tell folks;

"I know of a man who was 'drowned in the vicissitudes of the stock market'. ...his pathways was built around the PAST than the future.
...until the PRESENT left him behind !!"
~Sinclair

With WAPCO, it will be better to adopt a present and forward looking approach than relying on the past at this time.
Why, u may ask;
3 factors are @ play here(though now in the opposite direction)

1) LAFARGE' current FX denominated loans are HEDGED.
The company learnt a bitter lesson after it had a combined FX related loss of near N37B between 2016 to 2017. ...The aftermath of which became extremely difficult for them to come off from.
What it has now done is to seek fx cover/protection for its dollar related loans from the CBN. ...which was done via a non-deliverable forward contract format.
The interpretation of this is that LAFARGE is well covered should the CBN decide to devalue the Naira later this year or anytime for that matter.

2) The company is no longer working for the banks as was the case prior to this time.
Cost line accruals from their high debt burden has been eased out by near 90% following the many delaveraging efforts from back to back rights, the divestment of their South African arm(which was loss-making for the most part) and internal structural changes.

3) Efforts @ restructuring and innovative drives aimed @ romping up revenue(from more sales) and boosting earnings.

Any Jack will agree that these 3 factors(working against the company at the time) was mainly the drag the company suffered. ...particularly in the last 8 quaters.
But with these factors now playing in favour of it, the company is now in a great position to MANAGE and OPTIMIZE COST and boost earnings going forward.
Current financial print(H1 2019) also lends much credence to this.

The sooner we learn to align as soon as we can see through the future, the BETTER !!
It is now well with Mr WAPCO !!

Again, NOT a recommendation.

Yayira:
^^^^^
I can see one of my uncle is here..
Abeg make una leave me alone naaa
Which market I buy for una hand wey I no pay

PharmAlfred:
This group is drying up. So much next level.

Mpeace:
The worse list ever. Nothing in that list shows the man is serious or has any desire to work. When I saw that list with all the past governors, something just told me the man will manipulate the system for a third term. That man will change our constitution

Chibuking81:
https://dailypost.ng/2019/07/23/full-list-ministerial-nominees/

NEWSFull list of ministerial nomineesPublished on July 23, 2019 By Samson Atekojo Usman



Citing section 147 (2) of the 1999 Constitution as amended, President Muhammadu Buhari has forwarded 43 names of Ministerial nominees to the Senate for confirmation.

The President nominated one person per State as well as one from the six geopolitical zones of the country.


See full list below…

1. Ikechukwu Ogar (Abia)
2. Mohammed Musa Bello (Adamawa)
3. Godswill Akpabio (Akwa Ibom)
4. Chris Ngige (Anambra)
5. Sharon Ikpeazu (Anambra)
6. Adamu Adamu (Bauchi)
7. Maryam Katagun (Bauchi)
8. Timipre Sylver (Bayelsa)
9. George Akume (Benue)
10. Mustapha Baba Shehuri (Borno)
11. Bodi Agba (Cross River)
12. Festus Keyamo (Delta)
13. Ogbonnaya Onu (Ebonyi)
14. Clement. Ike Agba (Edo)
15. Osagie Enanieri (Edo)
16. Richard Adeniyi Adebayo (Ekiti)
17. Geoffrey Onyeama (Enugu)
18. Ali Pantami (Gombe)
19. Emeka Nwajuba (Imo)
20. Suleiman Adamu (Jigawa)
21. Zainab Ahamed (Kaduna)
22. Muhammad Mahmud (Kaduna)
23. Sabo Sanono (Kano)
24. Bashir Sani (Kano)
25. Hadi Sirika (Katsina)
26. Abubakar Malami (Kebbi)
27. Rahmatu Tijjani (Kogi)
28. Lai Mohammed (Kwara)
29. Gbemisola Saraki (Kwara)
30. Adeleke Mamora (Lagos)
31. Babatunde Fashola (Lagos)
32. Mohammed H. Abdullahi (Nasarawa)
33. Zubair Dada (Niger)
34. Olamilekan Adegbite (Ogun)
35. Tayo Alasoadura (Ondo)
36. Rauf Aregbesola (Osun)
37. Sunday Dare (Oyo)
38. Paulen Talen (Plateau)
39. Rotimi Amaechi (Rivers)
40. Muhammadu Ngiadi (Sokoto)
41. Sale Mamman (Taraba)
42. Abubakar Aliyu (Yobe)
43. Sadiya Umar Faru (Zamfara

It's indeed a good news.

martineverest:
they mare many on nairaland

dipoolowoo:
H1 2019: Transcorp Records 57.57% Decline in Profit
**As Revenue Drops 30.19%
https://businesspost.ng/2019/07/18/h1-2019-transcorp-records-57-57-decline-in-profit/

austinkenneth:
How about Dangote Flour?

wanaj0:
Eku market. How are the guru's enjoying the bloodbath on Custom street.

Seems many 'forecasters' are around now.

NSE collected tuition yet?


ANY way, CONGRATS on the impending Wealth Transfer

Mpeace:
I don enter one chance.
The guy no even ask if na palm oil I dey talk about. Chai.
Disclaimer: Ayam not Otedola, Ayam not Tinubu, I no be Adeleke. I no dey sell oyel oh...
I be me oh, that guy wey done dey pay school fees for NSE since time immemorial.
For your house rent and other related matters see Oga 33 and loco.

Mcy56:
Lol. Make he dey look face o. Rabbi said that jokingly naw, at least as far as I'm concerned.

Mcy56:
Can you please not resort to insult.
That Oga you quoted is a guru and highly respected here. Insulting him is as good as insulting the whole forum member.
If you vex him and he ordered that this thread be closed, I go find you o.

RabbiDoracle:
Please what will make GTB get to 19+? Is there recession? Has Oil price crashed so badly that it is affecting Nigerian economy?

Oshogbo weed bad gaaan!

bLacKGoLd3:
I say make I follow my ogas here begin eye this NSE again.

GTBank made the headlines today, so I decided to look at the charts for a start. Mehnnn, not looking too good.
Bearish engulfing combined with a death cross is not a great start to the month of July. That sharp dip and bounce was off a Sept-2016 and Mar-2017 resistance zone now turned support.

tritritri:
U have fidelity,DF, CHAM , maybe fcmb... wat else u wan buy na? those dat bought today might b testing d water wit just 5%..

Chibuking81:
Bear are present in the market, seems to be a strategy to accommodate airtel new comma in ASI. , Investors never give up but keep on buying more, monthly, as far as the companies result is sound, don't panic. See these stocks they will make people super rich on or before final year result, which will happened in less than nine months.
1. Fidelity
2. FCMB
3. ACCESS
4. UBA
6. Zenith
7. GTB
8. Caverton
9. Ucap
10. Eterna
11.Afripudent.
12. Dangote cement

If investors should have the mind of farmers. They plant healthy yam, and expect times two of what they planted, which result of their expectations always come to pass, even more than they expected. The healthy yam always die off on its process to produce times two of its initial one. Any new farmer that attempt to be checking his planted yam will loose hope on seeing his healthy planted yam decaying.

He might be pushed to dig it out and eat it up, if some part are still OK. But an experience farmer will keep on expanding his farm with full assurance that he will harvest times two of what he planted on a too soil/land.

Lesson number
1. Any yam planted during the planting period always yielded times two of its initial. In NSE, now is planting period and by January to March is the harvest period, up to April.

2. In farming, the planted crops dies off and successfully produced more than times two of its initial, while in NSE, the initial don't die off, but can only reduces during the planting period, and produces times two, if invested on sound fundamental stock, like those mentioned above.

3.Farmers planted in a good/fertile soil, and avoid those areas that underperformed. In NSE good/fertile soil are the sound fundamental stocks.

4. In farming the planted crops reward the owner, with new crops more than they one planted, in NSE, the invested capital reward the owner, with (a) Dividend payment (b) bonus share if giving and (c) capital appreciation.

The initial capital invested in 100% Mentioned stocks above can be fully recovered in 8 years and some 10/12 years, on dividend payment.