₦airaland Forum

rationalmind:
A gearing ratio is a general classification describing a financial ratio that compares some form of owner's equity (or capital) to funds borrowed by the company. Gearing is a measurement of the entity’s financial leverage , which demonstrates the degree to which a firm's activities are funded by owner's funds versus creditor's funds.

Culled from Investopedia

rebekah2011:
Revenue increased greatly. You better go and read the auditors report. This is a coy that is technically dead

wanaj0:
NEM has consistently paid dividend. That at least shows that there is 'money' to back up the performance.

C&I Leasing are on a goldmine BUT cannot trust the management. Even if you PROVIDE for the misbehaviours, the figures still looks attractive. Major issue is actually more of the expected dilution based on the conversion of loan (Convertible Notes) to equity.

A dividend paying stock with a PE of < 3.0 must have BUY written all over it.

Note however that it is illiquid.

Agbalowomeri:
Oga you still dey follow those people? Are you even sure the results declared is real? That stock and NEM hold me down for ages those days when I still dey form value investor

RabbiDoracle:
There will be a huge fall in demand when electric cars are finally used. For now, it is still fossil fuel cars and hybrid. Electric cars are coming but the supply is yet to get to a critical mass.

onegentleguy:
Thank u my dear,
I had wanted to ask him to pls tell us how many coys on the NSE bourse has sustainably and consistently delivered a 50% Y/Y profit growth rate without some ups and downs in between.
...not even FLOURMILLS, the market leader in the segment has done that without vicissitudes.

It's always easy to make/give projections when ur viewing things from the outside.
But like I said then, some things are better left unsaid.
...Mr TIME will lay credence to what's left.

I have since decided to agree so we could disagree.

Cheers my dear !!

BullBearMkt:
...interesting, sometimes in June 2017, I read a write-up by an energy expert providing reasons why oil price cannot rise above $50 again. One of the things he talked about was solar power! I remember, I then looked at the chart & saw oil accumulation going on. Well, the rest for me is history as we are talking oil passing $71.30!

Tesla, Google, Microsoft, Uber, GM and many others have been spending huge amount of money to ensure we have solar driven cars. Great inventions, but are they ripe now? Check news recently, many electric driven cars have been suspended temporarily due to accidents and many more!

As for me, what is more important is the price chart other things are noise! When the time is ripe, chart will indicates the range oil will be trading either disaster or unrest pushing the price higher or increase in oil supply, solar innovation will drop the price, chart will say it.

TLAX:
That is true and that is his business strategy. It has also made him one of the wealthiest men in the World. What can be wrong with that? I dont see any and don't know why people have issues with that. Conventional wisdom says you should play to your strengths...it will be much more beneficial to you than trying to overcome your weaknesses.

pluto09:
Let look at the figures once again so that we can argue to gain something.

We start with DF;

Turnover in 2017 is 125b and 105b in 2016, that is about 20% increase.

Gross profit in 2017 is 29.3b and in 2016 ,it is also 29.3b, that is 0% increase.

Operating profit in 2017 is 18.5b and in 2016,18.9b,zero % increase.

PAT in 2017 is 15.1b while it is 10.5b in 2016, about 50% increase.

Now, if we discount the gain on sale of asset and finance income in the 2017 report, the PAT would have been less than that of 2016.

Then,looking at the result q/q, we will see a slow down in the last quarter which naturally should be the strongest.

Turnover for the whole year is 125b but the company only recorded a sale of 25b in the last quarter.

Operating profit for 2017 is 18.5b but only 3.2b was made in the last quarter.

PAT for the whole year is 15.1 with the last quarter having just 2b.

I can see a slow down in turnover and PAT q/q and that is why I said it would be difficult to sustain a 50% growth this year.

currentprice:
Upl year end is March, so Audit report is not out yet till June.
Not insurance

The 2 stock already release result with very good numbers but buyer have no interest due to the other factors.

Abeg check the result released so far to see for yourself

locodemy:
so by this time FRIDAY my own dividend go land.

awesomeJ:
Sir,
You really don't seem to be a big fan of Alhaji.

Even his refinery doesn't seem to impress you.

What I think is, with or without shortcomings, the guy's still a good deal overall. From employment generation to driving import substitution, I think he's just alright.

currentprice:
no be today, since 1966. my oga has never been fan of Dangote and Tony

kolaish:
DF is a stock just recuperating from a loss position left by the Tiger Brand, therefore, it is now in the process of stabilizing due to the turnaround by Alhaji midas touch. DS and Salt are up there already, consolidating and trying to improve on their earnings.

DF looks good for anyone that still want to enter at current price or lower.

Agbalowomeri:
Did you see the jump in admin cost

Mpeace:
It was always going to be like this especially with the q3 result.
Q1 2018 is key to this stock. I want to enter before then but after the reaction yo this result.

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/21683_LAFARGE_WAPCO_PLC._FINANCIAL_STATEMENTS_APRIL_2018.pdfhttp://www.nse.com.ng/Financial_NewsDocs/21685_LAFARGE_WAPCO_PLC._CORPORATE_ACTIONS_APRIL_2018.pdfhttp://www.nse.com.ng/Financial_NewsDocs/21686_LAFARGE_WAPCO_PLC._CORPORATE_ACTIONS_APRIL_2018.pdf

pluto09:
Is aiico result out or na only corporate action

http://www.nse.com.ng/Financial_NewsDocs/21670_PRESCO_PLC_CORPORATE_ACTIONS_APRIL_2018.pdf

Presco and its biological asset wahala

http://www.nse.com.ng/Financial_NewsDocs/21672_AIICO_INSURANCE_PLC._CORPORATE_ACTIONS_APRIL_2018.pdf

AIICO with 5kobo dividend. A right issue expected?

http://www.nse.com.ng/Financial_NewsDocs/21678_JOHN_HOLT_PLC._CORPORATE_ACTIONS_APRIL_2018.pdf

Remembering when John Holt use to be a major player in Nigeria. The company is as good as DEAD

Mpeace:
They are finding it difficult to hide npls. They should be made to make proper provisions for npls like the other banks do, so that we can really know their worth.

phemmie06:
Have they submitted the result to CBN or was it rejected cos Fidelity said they are yet to conclude auditing

yom2:
another right issue again, these local companies deh tire me o.

valacious:
I dont understand your statement...

valacious:
Why is no one talking about May and Baker dividend of 0.20k...and their intended rights issue at N2.75

MPC RETAINS MPR AT 14%, CASH RESERVE RATIO AT 22.5%, LIQUIDITY RATIO AT 30%.

locodemy:
printing and publishing companies(UPL &LEARN AFRICA) the right place to be now.
SMALL OS.
SMALL FREE FLOAT.
BETTER NUMBERS.
BETTER DIVIDEND.

LOCO IS LOADED HERE KNOWING TOO WELL THEY ARE ILLIQUID STOCKS.

Mpeace:
Lol these guys are still auditing. Others don do board meeting sef. Diamond and first bank has done board meeting to approve audited results.

onegentleguy:
They needed to preserve a good measure of CASH, given where they are coming from, and where they are headed to.
...just keep watching as more things unfold in the short to mid term my currently.

I'll say it again; The future is here !!