₦airaland Forum

megawealth01:
They wan de-market fidelity so to buy at discount... Well sha me na long term investor in all Anambra projects

See FCMB na....OS is in their favour! Them fit over take Fideilty...fear MM

If you bought UBA below N15...this your path to financial freedom Hold am tight all the way.

Sitting pretty @N30

megawealth01:
But na me he dey advice na... I asked for hint and he gave it to me

Okay, Oga Agba no vex

Agbalowomeri:
Lol if you are in the market beyond next week na OYO you dey

You guys should leave this thing...do you think big funds can exit the market in a day or week? This is why people rush to sell in a bull market and end up only buying higher.

Someone here wished for UBA to hit N24 so he can sell and buy lower, the same UBA is now 28-29. If Q1 comes out better, at what price do you think such a peson would re-eneter UBA. Do you also think Access wil go back to N17

Oga dem, make una dey calm down...personally GTB, ZENITH needs to cross N50 before I shake body after Q1 results are out.

essentialone:
WAPCO on Full Bid now? Any new development?

Still very much undervalued!...Fundamentally strong!!...dividend stock!!!

Should not be less than N100

DD advised.

megawealth01:
Are you sure you ain't MEGAWEALTH?

Same money bags in the market with same pattern of buys... Monitoring spirits oya finish your investigations fast fast

Megawealth abeg leave me o

This my Moniker na from SMN to NSEMPA

KayOn1:
I no go lie, some of the prices dey fear me o. I just dey pity the people that will end up with ...

DD

Pull back may come for sure at some point, would prices go higher? Yes, I strongly believe so.

NGX stayed down for a very long time, even when its peers around the world enjoyed new highs.....make them allow us enjoy the rally. I actually added new funds on this rally...Na bullion van, we wan use carry money this 2024

yMcy56:
The kind money wey dey enter this TRANSCORP today ehnnn..
Over 4bn as at now..l

GTB @43.95! Up with +1.45!

You dont need to stress on Traanscorp...they can wait for dividend that will trail price. Then they would buy it above N25 or more.

Na person dey buy Transcorp Hotel @ N80+

FDI has not really entered the market and some are scared of current price. Stocks like GTB & Zenith have not even done 10% daily gain.

Streetinvestor2:
This first quarter will come with alot of goodness. The foreign investors are coming in gradually. They don't want alhaji to blow alone.So expect everything to show green this quarter. Very soon your driver,cobler, market woman,tailor etc will be talking about stock.

I remember posting TOEWay on my whatsapp status in december after Tony made a post on LinkedIn...since then I have introduced 2 persons to my stockbroker

megawealth01:
Na that DD got me

Very important my brother, before someone would say I made them buy high or took profit on them. My deal with TOE for Transcorp is for long term.

Added more unit to my Transcorp on todays availability...lets see if we would close on full bid again today.

DD advised!

megawealth01:
We dey follow ourselves abi na same moniker?

JAIZ on full bid...seems KM3 will come this week

MB hopefully we go above N1 this week.

Not a financial advise...Do your DD, as I am fully loaded in both stocks.

DeRuggedProf:
..and they all Benefited Mutually who knew what 2024 holds in triple digits in less than 3 months of Linking with Mansions. ..

DeRugged make your manager release funds for Insuarance sector na....I don see your hand small

una dey fear to send JAIZ BANK on full bid....Make I help, so we can wake up at N3.00 next week

FUGAZ has not even done 10% daily gain yet and market is like this....Seems this year is the year

NSEMPA who dey mop uop JAPAUL GOLD

How much is Providus buying UNITY BANK

Fidelity on Steroids

Locotrader:
Good morning fams and happy new yr.
I have been busy all these while moving my computer business to base only in the East.My shops are affected in the recent demolition at computer village.Running my business in the East will help me manage my investments especially my bakery which will soon commence operations.

Happy investing

Solid mineral stocks is the right place to be in 2024.Men has taken position already waiting for the bumper harvest.If multiverse is doing this, Japaul will give many returns no matter criticisms.

My 2 stocks for 2024
JAPAUL
TIP

Sorry for this my brother...It is well.

DeRuggedProf:
..and they all Benefited Mutually who knew what 2024 holds in triple digits in less than 3 months of Linking with Mansions. ..

DeRuggedProf....Happy New Year

Toluway:
You may recall that Fidelity Bank rub shoulders with FUGAZ in 2023 in terms of value, capitalization and profit after tax.
Hence one may opine that we are tending to have a FFUGAZ that includes Fidelity Bank.
So, i expect it to draw very close in price
if not go at par with FUGAZ in this dispensation.

very True...Currently dont have Fidelity, but would keep an eye to take position on retrace for longterm.

Since I could not complete my JAIZ to 10,000,000 units.....Whatever TOE does, let me increase my stake in Transcorp to 2M units, before the price goes above the reach of the common man and the story of Transcorp hotel betold on Transcorp

The way Fidelity fired from N8 to 13+ and still going, makes me wonder if it wants to close the price gap with FUGAZ. If so then 16-18-20 may be final destination.

ojeysky:
That stock is in steroids congratulations to all those that bought at less than 1 Naira. Oando seem to be back

I didnt even get it at N1.00 I entered at avg + commission N7.02 and sitting on Good profit. I can only imagine those that entered at N1.00

I think Transcorp is that STOCK that will print unimaginable money in 2024

Can it beat the hotel in price this year....I would belive so!!!

DD advised.

ositadima1:
You need a soothsayer to tell you that most stocks will move up, abi? If the price of rice and other goods and services have doubled, is it stocks that won't double or triple?

As is to be expected, we are most likely going to see more dividends this year that are worth even less as the purchasing power of the naira has been severely compromised.

I get that Oracle is a likable guy because of his jokes and insights. Well, we saw a couple predictions come to pass and a couple fail, just like most other analysts here.

And then there's the other guy, Stcool, who sees opposing views as being a "small boy".

Still on that, the US and Western economies were never going to collapse, at least not for a very long time. Recession maybe, but not collapse. The US was never going to print its money to sheghe.

Just to clear the air...I dont see opposing view as bad, because on SMN and now NSEMPA, arguments for or against a stock has helped me make decisions for long term.

I was only referring to people that directly use insulting words at people for sharing their opinions. I hope this helps.

onegentleguy:
As @ Q1 2020, we mentioned on several occasions here that the insurance sector will be the next best place to be considering the positive impact recent policy shifts can have on it(planned recap exercise, CBNs dovish stand and other fiscal measures including the finance act of 2020)

I recall that was when I decided to gradually take position in some select names therein. A worthy move was accumulating 5M units each of AIICO, REGENCY ALLIANCE, MUTUAL BENEFITS and ROYAL EX and near 3.5M of LINKAGE for one chief I manage his portfolio seeing he was really quite liquid then. …with the middle 3 coys purchased @ a p/value of 20k, the 1st(aiico) @ a BEP of 61k and the last(linkage) @ 35k it was clear that capital yield can well come from cash flow accruals given they were broadly dividend paying assets.
With a few like REGENCY ALLIANCE having the best HPR with yield (@ circa 15% at the time) and healthy risk-reward ratio (BS position in view), there just couldn’t have been a better time!!
But more often than not, I was criticized each time I mentioned INSURANCE COYS. I remember how I had to leave a what’s-up forum following a rain of insult for daring to recommend 3 coys back then. I was called a chief MH for drawing folks attention to MUTUAL BENEFITS and LASACO after noticing that both coys had just witnessed a turning point(BS and CGP in view) and UNIONDAC for highlighting it as a possible rewarding buy-out candidate(EPA in view).
Most annoying was how the forum moderator (a member here) who was the one that 1st contacted me to join the said platform as an analyst/moderator also joined in the destructive criticism. Funny enough, none of those who criticized me could present proof to counter the analysis I had put up, so I had to leave. Time has since exonerated me!!

This is also part of the problems we face here. …it’s what some worthy members like mcy56, @rabbi, @megawealth and a few others face, and the reason I sometimes prefer to withhold certain sensitive information.
A case in point is JAPAULGOLD. After the coys much debated FP which saw a huddle with ACCESS BANK (then japauloil), I was asked for my opinion on the matter, to which I replied; No comment!!
In truth, I never covered the coy or had it on my watch list. ...but all that changed when a few lines in their report made me have a rethink and after an in-depth review, I reached out to several close pals and some members here(@bumba1234, @billtommy, @ekpotek, @charlesniper, @tradeinvestgal to mention a few) and told them to ACCUMULATE the coy after explaining the reason it was bound to appreciate in price. Most folks I know bought @ 20-23k. As I explained to them then, JAPAUL might not be healthy but 2 things stood out:

1) When u relate the coys current BS position to its SoI and benchmark it against its CF and CGPR potential, REWARD had overtaking RISK and was making a mockery of it.
2) There were some fine lines in between the then released poor financial print that highlights the need to raise funds(EFIR and CBR in view) and signals a strong possibility for a price rise to achieve that aim.

This was even before the name change was announced. I decided against putting it up here knowing what might well be the repercussion but still gave a hint back then. See one such post above with a hint(part in bold… a revert to @oracle)
Earlier today, I read from the sideline and observed some sharp criticisms targeted @mcy56, @megainvest and a few others and I just knew it could’ve been me!! …God, I would’ve been disappointed if after taking out time to put up a comprehensive analysis of JAPAUL here for gratis I got destructively criticized.
I am not highlighting these lines to prove any point or see myself as some sought of semi-god, but to underscore the fact that this forum, this platform CAN BE BETTER!!
We can all make it better and individually grow with it. Yes we can... if we can all stop it with the mockery, ridicule and toxic criticisms and start up building each other... particularly those who go out of their way to encourage, help and sometimes offer healthy and meaningful advice to others including the new ones in our midst without any form of pay/reward. Folks like @Oracle, @bigjay @mcy56, @currentprice, @Obagadafi, @rebakah, @Drawo, @fxuser and many others here deserve no less than a pat in the back and appreciated for all they do.

Understandably, a mix of emotion can take their toil on one and make them have extreme reservation towards certain select asset… perhaps because of their not-so-good experience playing such coys. But its NOT enough reason to hate it or find disgusting the mere mention of it. U can lose money in a coy today, and gain double ur invested capital in the very same coy tomorrow. Ur astuteness, doggedness and willingness to want to learn from the experience and lessons of that failed TRADE/INVESTMENT SETUP is what makes all the difference!!
We all wish to learn. It is often said that the day u stop learning, u stop living!! I personally love to learn. Engage and criticize me constructively and I will love u for it. …am sure the same can be said of many others here.

Some of us don’t like it when we see these bouts of negative comments.(even if it’s not directed at me, I hate it) Yes there might be some folks who give advice having ulterior/selfish motives, but u can tell that there are others who don’t tour that line. Some folks here mean well!!

Personally, I will NEVER put out any write-up with an intent to deceive. …it had, has and will never align with the basic principle that defines my person. For us, we respect and appreciate why the word INTEGRITY came before the duo of MONEY and SUCCESS in the dictionary. Before ever I advice or put up any post here or anywhere else, I must have put it through a thorough scrutiny drawing from several tested analytical models.
My last recommendation here (GSK) followed a proof-test of no fewer than 7 models, 4 of which I personally developed. …the highlight of the coys –EV was just one of the other known 3. As I stated here then; GSK would still be undervalued even @ N15!! (keep a close watch on that coy and do well to align if u are yet to do so)

While there is no such thing as ABSOLUTE CERTAINTY in the investment world, the INTENT 1st, and from there ur zeal/drive and investing strategy is what really matters !!

Now back to the talk on INSURANCE coys...
Let me quickly reiterate what I said here in times past; That sector is worth a % of ur investment capital. That said, a lot should depend on how well u do ur homework. It will require a case by case study of the coys in that index to ascertain the likely big winners in line with the recent recap policy by the regulatory body(Naicom)

A quick guide;
I covered about 20 quoted insurance coys on the NSE: 1- CUSTODIAN, 2- AIICO, 3- MANSURD INS 4- MUTUAL BENEFITS, 5- PRESTIGE, 6- NEM, 7- LASACO, 8- CORNERSTONE, 9- SOVEREIGN TRUST, 10- WAPIC, 11- ROYAL EXCHANGE, 12- VERITAS KAPITAL, 13- REGENCY ALLIANCE, 14- AFRICAN ALLIANCE, 15- NIGER INS, 16- SUNU INS, 17-CHI, 18- LINKAGE, 19- GUINEA INS and 20- UNIVERSAL INS to see how VALUE can be taped.

Of the 20, Nos 4, 2, 7, 9, 10 11, 12(yes I said 12) 13, 17 and 18, carries a greater weight of value drive/prospect given their MoS peg relative to CMP(risk-reward margin in view).

In view of the planned sector recapitalization exercise which will be 2-phased- 50% and 60% of the newly stipulated minimum paid-up capital for insurers and re-insurers respectively by 31st Dec 2020(expect a lot of activities from now till the release of FY2020 FPs to capture the 1st phase) and 100%/full compliance on or before 31st Sep 2021, I see 11 of them; Nos, 1,2, 3, 4, 5, 6, 7,10, 12, 17 and 18 meeting both deadlines and remaining as standalone entities with a 65% probability of acquiring the other 9. …by implication, the other 9 might pass the 1st deadline but could end up been acquired by these 11 and/or other external forces(either from within their in-house core investors or new entrants) or end up merging amongst themselves to form a bigger entity on or before the 2nd/last deadline of Sep 31st 2021.

And Yes there are a few lines to draw these inferences by relating their individual CF stand and SoI to the BS position in their financial prints and bench-marking same against the guideline of the proposed recap exercise.
However, nothing is cast in stone!! …so it’s imperative to remain vigilant and not throw caution to the gallery.

On a side note, those with holdings in No 3 should do well to thread with caution. …especially if u aligned post the bonus issuance but waiting to partake of the planned split exercise. (i.e. If u missed out on the QD of the 1st and is yet to liquidate any % holding). If u fail to extrapolate ur figures well, u might incur a loss post the split. It might be best to gradually follow through with a structured exit plan in time.
Remember that the split will likely create an exponential EM effect (4x price mark up in view)
Like I always tell folks, the increased price peg that follows a split is 88% of the time an overblown reflection of a coys valuation… so there’s often a near 1 prob. that price will fall to mirror the true value of the asset relative to earnings and the perception of market participants thereafter.
The fall though, will depend on the assets proposed factor of X. …that of MANSURED requires a careful breakdown of ur trade/investment setup to avoid a loss.
Note that this is not to say that MANSURED is an unworthy play, but to accentuate the need for carefulness.
If I can elk out the time, I will do an article drawing from an extensive analysis/review of the insurance 20 to further help us with the quest to seek REWARD.

Disclaimer: The part in italics should only be viewed subjectively. …it is NO license to any sought of recommendation. Due diligence still applies as always.
My advice? Pls follow ur instinct.

Selah

Oga Onegentleguy did justice to the insuarnce sector here....for those interested in that sector.

yMcy56:
It's Oga RabbiDoracle !!
I'm even searching for the bank projection post.....I'd thought I shared it o.

He projected 15+ for Transcorp and it seems it's fast approaching.....

Oga Rabbi pls come back, you're being justified.
Don't look at negative posts
It's you and other Ogas that taught us to develop thick skin against insults and stones.

Make e come back, so that one faceless small pikin go insult am becuase he shared his opinion. Some don't value the community we have here. What people like you and others do here is priceless. Everyone would be okay...las las!

The real FX inflow never even hit market and we are seeing this in one day. Just saw NGX notifications of inside dealing; Zenith Staff Provident Fund acquired over 15M units of Zenith @N38.65

Men that have seen the future

KayOn1:
Happy New Year.

This your 1st 10 plus substitute, what metric are we going to use to evaluate them?
is it % wise or naira 'cos N36 stock going to N48 is 33% capital appreciation while N2 going to N4 is 100% appreciation so we can all be on the same page.

Better still, can you group your selection into 2 phases to give room for portfolio re-balancing after 6 months.

** DD advised as alwayz!!!

Actually I just posted this as guide. This is where I would hold majority of my money for long term despite any market fluctuations in 2024. Not also forgeting short term play when the oppportunity arises.

DD advised!!!

MY TOP 10 STOCK PICKS FOR 2024:
- GTB
- UBA
- Zenith
- Access
- FBHN
- Jaiz
- Transcorp
- Dangote Food
- NB
- Custodian
Bonus:
- ETI
- Wema
- UCAP
- WAPCO

*Entry price is key

Streetinvestor2:
I hope u have bought. It is available today oh and below #2

Calm down....JAIZ will close above N2.00 today. Currently accumulted 6M units....wait make 12:30 reach

sboga:
trust this forum to recommend ppl should buy JAIZ BANK

D only bank overvalued as per the book value

d only one dem go recommend fo dis forum wey every1 dey wear hijab

kontinue sha

where dat maga dat don push ppl inside loan trading

Guy you dont need to insult anyone to make your point. The person you are calling maga has contributed more to this foruum than your entire existence. This behaviour is irritating!

onegentleguy:
But for some inexplicable reason, this response should've been on the same date as your post above.
...didn't quite understand the difficulty with login in.

On JAIZ BANK, only if you knew that the glorified micro-finance bank as you put it, is among the top DMBs currently well placed to reap great returns from the persistently hawkish MP environment.
Little wonder why there was an astronomical rise in NPM (ref: 185%) in their Q3, 2023 financial print, following a near 36,800bps growth from playing in certain class of FII.

Interestingly, the said bank is about the only quoted coy in that sector with a seeming "antibody" that shields her from certain policy restrictions by the regulator/Apex bank in view of her operating model.

Only if you knew that...

Most folks will recall I initially highlighted the value accretive potential in JAIZ BANK @ N1.4.
When that bank begins it's run, "the jug will be 2.5--3x filled" before...

Technically, the chart is doing something I love to see.

CAVEAT: NOT to be inferred as any sought of investment advice. Due diligence still applies as always.

It is well!

Actually had delay in funds till today and needed 10,000,000 units...ended up with more than half. Tomorrow we go again....if NSEMPA does not push up price

Still a buy for me below N2.00...Long term hold