₦airaland Forum

Imagine a business with administrative cost almost 8 times the revenue. It would have been better if rendering administrative services was their core business instead of the said business they are into?

mendes911:
That I have waited till now does not mean I will buy at the lowest prices, I just want to buy when I will and have peace of mind. I no be MPeace wey chop liver North, South, East and West!!! I will buy once the euphoria of this Q3 results settles down.

We need to also take into consideration the recent waves of these Shi'ites members. They seems to get more bold as scores of them are killed, I just have a very bad feeling about them and this has nothing to do with 2019 elections though. This is fear in me speaking though.

I will surely be buying only after a downward trend of prices (hopefully) or end of November, whichever comes first.

This is only my plan and is based mainly on instincts and precedence. Make person no take am as advice shaaa, e don fail me before in 1938.

Carry us along when you want to enter the market..

Mpeace:
Talk wetin dey inside. I dey save my mb.

They turned the result upside down.. A lot of droppings..

Let me not be smarter than I know sha but it is like people prefer honey to sugar.

aremso:
http://www.nse.com.ng/Financial_NewsDocs/24236_DANGOTE_SUGAR_REFINERY_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Wow..!!

currentprice:
when i have not post to give room for quick counter post. i have said it here time and time, my fairprice mean nothing to the mkt just to compare /see the gap btw the currentprice. for caution shake if i dont post here, i will still buy stock and make money, mkt have eyes to see value.

as for Aiico with fall in earnings compare to the previous Q, Aiico still have the best discount so far with 2.20% gap btw currentprice and my fairprice. fairprice N2.45

but caution still need to be taken based on my previous post quoted below



VV
V

Thanks a lot..CP

DeRuggedProf:
I converted my DF units into DF bags for baking purposes only after WanaJ0 visited the shopping malls....

Mcy56:
Explanation in layman's terms sir.

I really feel for anyone with that kind of dream.

What amazes me most in NSE is that they expect you to grow your N10,000 to become a millionaire some day..

maishai:
I once heard abdulsamad rabiu(bua) say he will never go into a business that sources raw materials abroad again in his life...... I believe this applies to most of our top business men in the country, flour milling, fuel distribution et al as a big venture for the likes of dangote, rabiu , elumelu is a thing of the past, the margin is very low, they now talk cement, sugar, rice, power..... If they get it right the likes of flormill, uacn, dangotesugar,refinery will sell for more than #400 in 5years time that if Our Nigerian management factor no perform their magic

Bro, break this down a bit.. in layman's terms.

DeRuggedProf:
By the time all these results are out, pressure will gradually mount over the good stocks that have done well.
E.g PEOPLE WILL VALUE Fidelity over Dangflour and the cash will move from there into Fidelity ( similar EPS, DANGEROUS PRICE GAP).
Hmm, I now remember CP was always cautious here, always asking people to look at money made from core business.
Any fool can sell assets....

I am still surprised that neither CP nor OGG has commented on Aiico, or did I miss a class?

TLAX:
Okay. Thanks.

Link: https://docdro.id/X5xBRKS

TLAX:
Okay. Thanks.

one minute, I'll post a better link

https://docdro.id/X5xBRKS

aremso:
House, has the desired bull come?

Lol.. Shy bulls. Not the alpha male yet..

Deadlytruth:
Seems the EPS drop is now predictable.....by 9 kobo every third qoq. From N0.43 in 2016 to N0.34 in 2017 to N0.25 in 2018.
We may likely have N0.16 in Q3 2019

What is the constituent of this Financial asset with net fair value loss @ (3,088,320,000) that looks like an embezzlement in this Aiico result? Is it the same as the unrealized losses and gains which can change before year end?

TLAX:
I will like to read through. If you have it please post.

It's not uploading right now but I will try later. Worst case, I can mail it to you.

Still not uploading...

onegentleguy:
A very good morning to u all.
Today marks the 1st working day of the last 3 days of the month of October. But it also marks the day I was born.
...it's my B^{Oct 29} DAY !!
Pls help me thank GOD for his grace and mercy in my life.

Happy Birthday OGG, God bless you richly in Jesus name, amen.

China is planning to install an artificial moon by 2020 to provide more illumination.. and someone is talking about the B winning elections.. it is well. Our white brothers will soon label poverty and ignorance as a terminal and hereditary disease that will need to be treated with drugs in the hospital..

Infinitisi:
This was how SMN started the slide to oblivion. How hard is it to keep political and electoral opinions out of here.

If only nairaland will add International passport or BVN number to registration requirements.. it will reduce the 'squirelling' that is taking place here..

You can't try some things here on some international sites.. the blocking sef will look as if they will trace your house to clear ur doubts.

Wow... They have drained the Diamond from the bank. If only I knew the Dozie that is running this bank..

DeRuggedProf:

These are the stocks that will send the Bonanza gang to their village, b4 December, in search of village People who are using calabash to monitor them:
1......
2.......
3.......
4........
5........
6........

Fill your Best six.

The worst six(6), I can easily provide.
1. Japark.
2. Deadmond
3. FirstAlarm.
4. Laggard.
5. Jaaaaa.
6. Kunu.

Derugged... it sure is a beating of his life that will resolve the rubbish that guy is drawing as a tattoo..

Mcy56:
Best six: Stanbic, Fidelity, UBA, Access, Transcorp, JB

Worst six you provided: Japaul, diamond, first aluminium, Lasaco/livestock, Jaiz and Sunuassure.

Oya mark my paper.

Uba .. Access.. and Transcorp is "in God we Trust". That dark cloud over Access is lifted up right now IJN.

The worst six is like licking quinine..

Seems FCMB, STERLING and DIAMOND are the new 3 musketeers. All three finding a way to maintain 1.4 to 1.5 band..

sillysassysally:
I'm wondering...

Should I sell my fidelity now and wait for people to dump it after the earnings season, then re-enter... Or should I hold it until election bulls take it up in February/March??

That's Silly planning for the future.. planning for double bounty.

phemmie06:
This sunu with 16mb size of document, which might be negative

GANDALF1:
DIAMOND ABOUT TO GO ON FULL OFFER.

RUN IF YOU ARE STILL THERE.

No need, the guys are smart... one button to offload.

Has Diamond bank released??

Partial release...

currentprice:
in my own opinion,,this result is not that good o , eps is 2.57 as against 5.04 pple looking at

their last Q was even better than current Q

fairprice is N25

onegentleguy:
The company has done well given where they are coming from. Earnings drive has gapped up (both QoQ & over 9M) and is very much in line to beat that of the proceeding yr. (YoY)
The N5.04 EPS is the TTM figure [(3.61-0.04) + 1.47], but that projection is feasible. How? ...Look at the PROFIT MARGIN, GROSS MARGIN, EBITDA MARGIN, and ETERPRISE VALUE.
Even at an adjusted discount figure of 15% (attaching a 13% risk free rate to a premium of 2%), Fair Value should compute as approx N34. ...which means there's a potential value gap to tap from.

However, while their result is good, there are much better companies on the bourse right now. ...there are better value and growth driven coys that one can BUY !!


Disclosure: I currently do NOT hold a single unit in JBERGER.
Disclaimer: Due diligence is still advised as always pls.

Noted..!!

Chibuking81:
https://www.vanguardngr.com/2018/10/black-friday-jumia-declares-90-discount-on-over-four-million-products/

The above will be the style of January/ February bonanza NSE 2019 sale, black January/February, coincidentally February is my birthday month, enough birthday bonanza gift will land directly from NSE

You have not still told me why I am laughing..

Calebbold:
http://www.nse.com.ng/Financial_NewsDocs/24041_JULIUS_BERGER_NIG._PLC._FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Julius berger Q3 2018

Julius berger result is a real bull stimulant..

why not keep some EPS for next year?

Chibuking81:

A well said, but reverse is the case, election bear will not allow it, 2019 general election campaign will start on November 16 next month.
It will come with high tension, the building up has scared the foreign portfolio investors out, the ruling party are seriously having great challenge after their primary, most of APC strongholds state are in deep problem with their National chairman/executive, the likes of Zamfara, Ogun, Imo, are still struggling, then Rivers, Adamawa, and so many others state APC party are in great dispute.

After this q3 result, the q4 result been the final year result will start coming out by February with most companies releasing theirs towards end of March, that is 90 days from December ending. Which is long after election.
February will be a good time to take position, bonanza must surely come.

Oga Chibuking, why am I laughing?

yok:
NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 24 OCTOBER 2018

MSCI Nigeria portfolio still dormant.

On my secret you can access it here (http:///2OMj3A5). I have started using this immediately; you too can start using it to sieve away bad investments from your stock picks. If you have any question or need further explanation let me know.

Hi Yok, url link aint working.. resend pls.

TLAX:
Has the right issue commenced?

For Maybaker, Yes it has. I just got a mail to that effect for 15 Oct to 21 Nov, 2018.

After reading the postulations, I do not like the way the money will be spent.