₦airaland Forum

Uchetoba:
I saw something in this result.

talk2me2:
omo consolidated hallmark holding PLC is not 'smiling' at all. Eps of N1.23k for a stock of N1.4k is not a child's play.

I also took a second look at John that guy is really Hot .

I sincerely appreciate the both of you my Darling friends, for highlighting those two stocks at the right time.

talk2me2:
@Ucheson2, I noticed improvement in NPF MFB's q3 2024 result. Moreover, they seem to be more consistent with numbers this year than in the past. I need to see their audited 2024 as well as q1 2025 results to be able to make a proper decision about the coy.

https://doclib.ngxgroup.com/Financial_NewsDocs/42392_NPF_MICROFINANCE_BANK_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Cc: @Uchetoba

beloved @talk2me2, apologies for delayed response I have been very busy lately.

Yes, I also saw the consistency in their numbers, but we cannot trust any number coming from NPF MFB until their audited account is confirmed by their regulator the CBN.

'IMPROVEMENT'
Judging from were they are coming from, I mean for a company that it's q1 and q2 results showed negative growths, flat result in q3 can be considered as improvement.

YoY 14% is just a flat result.
QoQ 33% is a slight improvement.

I classify this company as HOLD.

Cc: @Uchetoba

Just imagine how useless this bank is, at a time like this that financial institutions (banks, insurance, etc) in Nigeria are declaring astronomical profits, that's when NPFMCRFBK is making lesser profit yoy. The way they are going they may declare outright loss in there Audited 2024 account. I expect the market to punish them for this sin. N1 per share is loading. I will not touch this one until ...

Uchetoba:
NPF MICROFINANCE BANK
https://doclib.ngxgroup.com/Financial_NewsDocs/42140_NPF_MICROFINANCE_BANK_PLC-CORPORATE_ACTION_CORPORATE_ACTIONS_SEPTEMBER_2024.pdf
Uchetoba:
https://doclib.ngxgroup.com/Financial_NewsDocs/42137_NPF_MICROFINANCE_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf
Uchetoba:
https://doclib.ngxgroup.com/Financial_NewsDocs/42152_NPF_MICROFINANCE_BANK_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/42153_NPF_MICROFINANCE_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf

Born2beRich1:
Also if you check the stock picks i posted last week you will notice that they are doing well now as bids are high...Am currently checking on the volume of transactions on the banking stocks and it is relatively good and high...The time is right but remember to shine your eyes, keep your ears on ground for information and follow your investment properly..

NB: The mistake most people made especially in 2008 was that they didnt have any info on the company of the stock they were buying ( whether the company was healthy or not)...

A good business man/woman should try to know details about the company he or she is investing so as not to enter into a train carrying a time bomb..

Aways check the nigerian daily newspapers to keep yourself updated about the market...my 5kobo advise..

Please more contributions will be appreciated...

Today I remember B2BR

Uchetoba:
Clean result properly reported.

The only reason I don't have their share is the delay is filling their report. But I will give it a try once I see it at 2 naira.

Uchetoba:
Clean result properly reported.

My kind of stock good for long
Though not an oil company.

talk2me2:
That is why I will not invest in NPF until it goes down to 1.2

That is why I have been avoiding them since they were listed. I will only consider them if they go down to 1 naira.

yMcy56:
I expect more factual reasons than presumptions.
On what premise is this assumption made?
So, inability to file result before stipulated time should make the price to keep falling uncontrollably to you?
- NPF is presently trading at 52wks low @1.60, the punishment never do?
Maybe you're looking to enter at a ridiculous price sha.

** Some of these companies notified NGX about delay in filing their results, siting reasons for the delay, if the reasons are genuine, why didn't NGX consider it and give them warnings to adhere to new dates?

On the bolded, you are correct. I like to buy things @ all time low.
On your last paragraph, don't forget that they did the same thing last year and SEC considered them.

Locotrader:
For this suspension?
Pray make them release the 2023 audited and Q1 result in the coming days,if not......

Price movement is restricted indefinitely

Maybe dem go delist from here.

They can not even trade for now until the suspension is lifted.
I thought that by now their price would drop to like 1 naira following their inability to present an audited account for 2023.

ucheson2:
Their free-float is about 1 billion shares

Somebody with NGN 1 billion can keep the share price excited for a while.

ucheson2:
About 80% of the company (NPF MFB) belong to them

Their free-float is about 1 billion shares

Streetinvestor2:
Hope nobi police dey manage the bank

About 80% of the company (NPF MFB) belong to them

MARKETJJC:
Why? What is your reason?

They are yet to release their 2023 audited account as well as their 1st quarter 2024 results. Second quarter 2024 had ended, we are now in 3rd quarter.

MARKETJJC:
And a whole lot of others like UNITY, MBENEFIT, GUINEA INS etc

They deserve it.

NPF officially on suspension by SEC. They deserve it.

talk2me2:
I am still doing my DD on this coy
https://ngxgroup.com/exchange/data/company-profile/?symbol=NNFM&directory=companydirectory

their results have been very good recently but I prefer oil companies.

I may consider investing in nnfm if the price drops significantly to say 14.

emmanuelewumi:
Did you consider the outstanding shares of MRS,

Another good company with small os is nnfm but it's not an oil company

megamart247:
Based on this Uba Q3 what is their fair value?. cc.OGG. CP. Pa emma.locodemy. and at all

Ucap results not uba

Phlinx:
Thank you for your extensive response.

But you still haven't gotten the answer to this very important question. You have not been thoughtful of the matter.

Demand and Supply simple.

0 + 0 = 0

Seunn11:
I am heavy in IB at the moment. It constitutes about 45% of my portfolio.
While the company has good future, the current situation is concerning.
I am not exactly worried. However, I think that the company should change its directors.

Captain what exactly are you talking about?

.

In summary, DSR will acquire NASCON & DRL, then change its name to DANGOTE FOODS.

abuhusna1:
My cscs account is expired when will it show on our brokers account

Just send mail to your stockbroker to send your cscs statement to your email.

ucheson2:
I remember some years back when I was screaming that they should sell a particular stock that the price is going to crash. Many ignored me and some even bought at the high price, then the price crashed and stayed down and they started complaining.

Nothing concern me when you make profit you don't share with me so when you make a loss don't call me out.

phoinix:
With USD at over 900, you go wait another 15 years. Happy waiting

I remember some years back when I was screaming that they should sell a particular stock that the price is going to crash. Many ignored me and some even bought at the high price, then the price crashed and stayed down and they started complaining.

phoinix:
With USD at over 900, you go wait another 15 years. Happy waiting

my dear nothing is impossible.
I only buy things when they are very cheap.

talk2me2:
That's good I should be able to enter @ 25 or below

I have no touched dangsugar since I sold my home holding early 2008. As for nascon I don't really like the company I mean I have never invest in it. But considering Aliko's plan of dangote food, I may try them if they return to 15 and below.

talk2me2:
l'm beginning to appreciate this coy they have less than 350m in outstanding shares.

Very suitable replacement for Mobil that delisted

talk2me2:
https://doclib.ngxgroup.com/Financial_NewsDocs/38374_MRS_OIL_NIGERIA_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

I just stumbled upon this MRS result. It pain me that I did not buy even one share of this coy right from when it was on full offer @ N12 until now. I hope that they will allow me to enter even though @ N28 by Monday I don't mind.

Me too I don't have a single share of the company but I will wait for it to drop to 20 or less before buying.

Discussion on transcorp at this time is like waste of time / misplaced priority to me.

Among the results released since yesterday who can tell which is the best?

yMcy56:
Morgan is working on it.
They said it will be up as soon as possible.
#Elofokanbale#

madam I am beginning to suspect that you are a staff of Morgancapital