₦airaland Forum

Eku market ooooo

Lovelygbems:
And where do banks get funds from??

The banking sector is one of the most highly regulated sector.

Banks are LICENSED to mobilise for deposits. Based on regulation a substantial amount of that is 'kept' with the central banks. The funds deposited are also insured. Officers of banks are APPROVED by the Central Banks. Inspectors/Examiners are available to check the books of the banks. Banks submit monthly report to the CBN.

I hope your organisation is such regulated.

sonofElElyon:
Everywhere online including transcorp website when you click on transcorp energy you see heirs holdings in partnership with transcorp.. re that oil well acquired

The question to ask is the nature of the partnership?

Heirs is the owner.

Mpeace:
There are several publications on transcorp oil and gas. Look through their annual reports and see some. Also google and find many. This is another I got from google. Note that this is different from earlier once.

Heirs is in partnership with Transcorp. What's the nature of the partnership? Has TRANSCORP issued any notice on the NSE to that effect?

Tony used Heirs holdings for the acquisition.

Transcorp has its own Oil Block but don't think they are doing anything on the block.

Mpeace:
They dont know that transcorp is now an oil and gas company, apart from being a huge player in the power and other sectors of the economy.
Much of transcorp's improved earnings last year came in the 2nd and 3rd qrt, meaning we may see more improvements especially in the current year.

Which oil and gas field is Transcorp producing from? Hope you are not confusing with HEIRS?

Eku market ooo

OBAGADAFFI:
It is true that SEPLAT is the owns the exploded FPSO?

No relationship with SEPLAT.

The FPSO is in receivership but belong toe Sheba Exploration and Production Company (SEPCO). Sheba is one of the companies that promoted SEPLAT. The SEP in SEPLAT is from SEPco.

SEPCO is primarily owned by ABC

Eku market ooo

BullBearMkt:
IS IT WISE TO FOLLOW OTEDOLA TO BUY INTO FBNH ?
From the chat, Otedola has been accumulating FBNH since September/October and not now when they make it public. Invariably, he bought the shares 8 - 9 naira. With this, smart monies have pushed the price to break above the trendline which is positive. But is it wise to buy FBNH now? A good approach is to await for a pullback before joining the smart monies...

https://invst.ly/wxhtb

PLAN YOUR TRADES AND TRADE YOUR PLANS

Otedola did not buy at 8-9 Naira. He bought at a much higher price I think

FBN is currently over priced though.

Eku market o

emmanuelewumi:
Referring to debt equity ratio. I can't have a debt that is 3 times my Networth. If that should happen, I should be reducing the debt every year and not to increase the debt.

Ideally debt equity ratio should be 1:1 and in extreme cases 1.5:1


High debt will give a semblance of a high return on equity, but that doesn't tell the whole story. Reason why we use various matrixes.


The most important thing for intelligent investors is to set a realistic margin of safety for themselves

Debt to equity ratio does not tell the complete story. And there is no ideal ratio because each industry/sector have its own peculiarities.

What is important for me is the weighted average cost of capital. If debt is far cheaper than equity why not go for debt? What Nairametrics should have done is to calculate the cost of capital and show that equity is cheaper than debt.

Next is to look at the ratio of current assets/current liabilities? That gives an indication on their ability to meet their obligations.

Lastly foreign investors are careful about bringing additional equities in to the country. So they are better going for debt to mitigate the risk.

Mpeace:
On a very serious note I think Elumelu is doing well with his companies. If transcorp should perform as well as they did in q2. We might see them on a serious move towards loco's price target as Ucap is currently doing.
Mind u transcorp is now into oil and gas.

Which producing field do they have and what is their production?

Please don't confuse then with Heirs Holdings

yMcy56:
Is he a foreigner?
because First bank doesn't seems to be done with upward swing yet.........judging from the energy being currently displayed.

He is a Nigerian from Lagos State

Nigerialabalaba:
Madam, nothing wey you write on top Oando go change dem mind. Dat Oga no go see FBNH wey dem managers and directors , on top d millions dem dey collect as salaries and emoluments wey full everywhere for their FP , still dey do magomago so tey dem carry $2 billion dash for wire fraud and all of dem go cac incorporate companies, put dem husband/wife/ relative/friends dia come dey use those shell companies dey collect multiple multimillion naira/USD contracts from dem bank like Mr Peter Obi Pandora do Fidelity bank yet some people hia dey hype same fidelity and FBNH . smh

Abeg just do your own and end am with DD applies. I sabi pesin wey buy 2m units of Oando for N2.50 wey sell am N5.50 , within 2wks made almost 5 mila and you dey hia dey preach. For dat Oga, na one company be d oga permanent foe . #dropsmic

Many people gamble and make money so no big deal.

If your plan is to INVEST then you need to understand how the company you are investing in will make money.

So talking of OandO, how is the high oil price going to benefit OandO? When people talk about OandO as an 'oil company' what does that mean? Do you know any field operated by OandO? How much oil or gas is produced by OandO? How is OandO affected by Oil price? Is OandO meeting its cash call obligations?

Anyway, E CONTINUE.

yMcy56:
FBNH
Over N2.6Billion staked as at now.......
Lots of buying going on @10.40......
Something is definitely brewing here......
Na to follow the money....

OANDO
Lots of buying at N5.20.......
Oil price is going up...........@N83......
This should mean something positive for Oando........
Just my opinion....

OandO Ok ooooo

Continue

Eku market oooo

yMcy56:
Positive news I Blvd.
Insiders have more info than is available to the public so far.

They may be selling their holdings in Airtel.

They may have sold holdings in Honeywell also

Eku market oooo

ojesymsym:
lol.... oga wertin happen to sheraton?

Too much distraction. See how SE were disturbed even at Eko Hotel.

At Bonny camp, it will be a RESERVED area

ogedanny:
Coming soon!

Short, straight-forward strategy backed by practical case studies and video tutorial!

If you missed Honeywell stock's 100%+ rally, don't miss these two stocks - https://nigerianstockstobuy.com/if-you-missed-the-100-roi-on-honeywell-stock-here-are-2-picks-to-grab/

Since you already know the strategy, just collect the money and manage it for me with guaranteed return.

For the period of the agreement, you will be lodged at Bonny camp so that there will be no distraction.

faoogoke:
My pay off don land. Paid almost 600k for the stock, paid 135k. There is God o!

`

Go and 'sin' no more

samguru:
Paying interim dividend to me is like a bribe to shareholders to hold their stakes.


The result is nothing, but A VERY POOR ONE when you compare the company with the likes of Access,Zenith, FBN etc

Stanbic trades at a premium because it is perceived to have a BETTER corporate governance structure.

Eku market ooo

Nigerialabalaba:
Which kain school fees whey some people hia don hammer 300%.
In fact, na from the profit we go pay our children school fees o.
Btw, if you are one of those still dey buy only nestle, mtn, access, gtb, zenith and uba, abeg you go need to unlearn sumol, abeg no vex. This market don dey shift and my guess is that it has to do with the direct intervention funds for some critical sectors. Government dey give these rejected stones massive support. Augusto and co talk say naija banks earning went down by about N500 billion in 2020 yet company like Honeywell flour wey you dey badmouth do almost 100% increase in revenue. Abeg reason am wella sir

Ok sir. I am willing to learn. With the 100% increase in revenue please what is the EPS and PE of Honeywell now?

BAD Mouth? ok oooo. Some bought 2 days ago at 4.00.

Anyway, people made money from NOSPETCO, Ikoyi Agric, Forum, Umana Umana etc.

I need 10m units of JaPaul GOLD

yMcy56:
Honeywell
* Honeywell was valued at N7.33 book value.........safe margin ...
* Investdata valued it @N12 based on current performance and near future value......
Analysts outside the country valued it at around 30......
This could be some of the reasons driving the share price of Honeywell..........in addition to a rumour likely going around........

https://www.google.com/url?sa=t&source=web&rct=j&url=https://investdata.com.ng/honeywell-flour-2021q1-high-margin-as-profit-growth-supports-hope-of-future-dividends/&ved=2ahUKEwij9Ij99N3yAhWwxIUKHWX6AZUQFnoECAwQAQ&usg=AOvVaw1WhTQuBYrtS5G3aybrWLEj

https://independent.ng/what-is-influencing-the-very-high-valuation-of-honeywell/

** Just for info purpose**
Cc: Locodemy

Which valuation model was used? A company with PE of 88?

This is just speculators having a field day. I hope people don't get their fingers burnt here. Well this is time for payment of school fees.

Eku market ooo

emmanuelewumi:
Presco is another company with a wonderful growth story.

Listed at N2.00 about 20 years ago, gave a bonus of 1 for 2 and currently selling at about N50

Stanbic IBTC Pension managers currently own 7.5% of Presco.

Unfortunately the 2 companies making billions of Naira and earning forex from agriculture are foreign owned, does that means Nigerians don't have an eye to see opportunities in this sector

They earn little or no FOREX. Most of their customers are locals.

Presco's only foreign customer is a German company.

They can't be exporting when we are yet to meet local demands. There was no export in 2019 and 2020

While revenue from local sales for Presco in 2020 was N23.5 bn, related party sales (can even classify this as export) was N0.4bn which is less than 2% of total sales.

jideflash:
make we no lie, the names mention below are part of the problem in nigeria investment space. they are master stockmarket manipulators, serial debtors that get away with so many malpractice while enjoying large corporate bonus and govt bailouts. Truth is; no one has ever been punished by regulators.

okomu strong growth against inflation and devaluation is due to the fact they export most of their products, earning FX. Their operations do not depend on imported inputs.

Just master how to ride the wave.

The highlighted cannot be correct.

jideflash:
Universal Insurance and Sovereign Trust Insurance are good to accumulate for the long term if you can enter at 20kobo per share. Tie that money down there, 1 year from now, you go smile. I gained 55% from STI before offloading during the rally this year.

Do you have ANY insurance policy with Universal Insurance or Sovereign Trust Insurance?

What makes them good for accummulation?

PhollyPearl:
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* Get an ROI of 41% (no upfront)
* A post dated cheque will be given to you for your capital and ROI (Interest).

To get an upfront in ROI, ROI reduces to 38% and *Your Investment must be up to *1M*
*Only half of your ROI will be paid to you within 7days after subscribing.
* Other half will be added to your capital.
* A post dated cheque will be given for your capital and ROI (remaining half) to be cleared at maturity (14th month)

All our Investments comes with 2 copies of deed of Agreement and a post dated cheque for your cash back � Contact : 08167679590 for more info

Very good investment case.

So if I invest N1m I get 38% upfront (N380k) so you basically collect N620k from me. So I am investing N620k to get N380k! waooooo

Can you briefly explain the rationale of paying investors 38% when you can easily collect a loan from the bank at less than 30%?

With this wonderful investment case I am sure the likes of Dangote must be elated with the opportunity to get 40% returns per annum.

Biafran4life:
You don't get it.If I buy gtb at #33.And I get my dividend after mark down.And gtb dropss further from #30 to #28.If I don't sell, I don't think I have made a loss.That stock goes down and goes up is normal.As long as I have not sold is no loss to me since I know it will still go north.So why will I wait to buy at your assumed perfect price when is my money as long as the company has all the right fundamentals

Irrespective of what people say, NO ONE knows the lowest or the highest that a stock will be. So BUY and SELL at a price you feel comfortable with. It is your MONEY and you owe no one any explanation. Don't feel bad even if you buy at a higher prices PROVIDED you bought a GOOD company that is growing earnings, have good ROE and ROA and relatively good cashflow from operations.

Last year, Zenith was dropping from about N22.00. Some bought at N18.00 and few people laughed at them that Zenith will drop lower! They were right. Zenith did drop lower. It got to 16, 14, 11 and people still laughed at those that bought at those prices. They said they will wait till Zenith get to N5.00 before buying. They are still waiting!

Share prices go up and down everyday. If you are moved by the daily price movements, you will never invest.

salanda:
Ah! I meant what I said as an irony.

If they had come out when Japaul was @0.39, and said 'look I am hearing Japaul is doing this and Japaul is doing that so it might cause an appreciation in price...'
Or 'I think Japaul has hit its bottom @0.39 so I am buying...'
Not when it is now @0.58 then they come out with heroic tales of how they bought @0.39 or come out with some sort of analysis on why it should be going up.
NSEMPA is fond of this behaviour. Too many heroes and monkeyhunters.

Welcome to online community. The reality is far different from what you see online. There are some E-warriors. When you meet them in real life, even cockroach will make them flee.

Eku market

Eku market ooo

Toluway:
Agriculture and Telecommunications actually actually lifted Nigeria from the last recession; according to the federal government. Mining would be the next major source, if the operators would not be too lazy or complacent to exploit it.
Nigeria think better whenever there is pressure to mitigate recession climate. The resources are there. This is God's own country. Europe would always envy us.
Our state of deprivation is privation to us.

The country is blessed with inexhaustible natural resources. No matter how much stealing is going on, the economy would not die.
The problem is distribution of resources. There is too much gap between the have and have-nots.

Another problem is insane borrowing. Stealing, borrowing and stealing what is borrowed. A vicious circle.

Agriculture provides LITTLE money to government. Tax rate for that sector is the lowest. How really does govt make money from agriculture with the low price?

Telecoms? Yes some money is made but it is in NAIRA so how does that affect exchange rate?

Natural resources/commodities help no one. Apple earn more money than Nigeria just by selling 'innovative' products. The more we focus on 'natural resources' the poorer we will become. We need to 'sell' value added service/products

Toluway:
I wonder the type of education our leaders acquired. Africans would be boasting of first class and professorial caps when what they did to aquire their academic laurels was only copy and paste, memorise and download, without ability to use their brains to profer solutions to problems. That is the bane of african development.

Nigerian leaders can't think about providing infrastructure and general industrial climate, encourage investments and provide credit facilities, provide security and other incentives to attract foreign investors with the overall aim of boosting economic activities for national economic development that would result in a strong naira.

It therefore appears that the only thing that our economists learned from 'Nigerian school of economics' is to periodically devalue the naira in other to accommodate it's dollar master and perpetually subject the nation to the labyrinth of western economic subjugation and slavery.
Finally, our cbn governor is always eager to take instructions from Europe to devalue our naira. No brains. Very unfortunate.

It is not rocket science. All we need to do is for Nigerians to be innovative and set up companies with products and services that others will want. Right now the only thing we produce (which is not due to any innovation) that the world need is oil!

So if you want a strong Naira, have a company that produces goods and services that others are willing to pay for. That will require first and foremost innovation!

Mcy56:
Boss abeg ooo. My government ke!!
Sir, na to transport myself commot for here be that oo. Lol.
Big Boss, I just gentle since I sight you for here nah.
Hope these ones you brought with you are bargains.
Appreciate your kindness sir.

I remain loyal to all my Oga at the top at NSEMPA ooo

Let me continue to learn at the masters feet

Mcy56:
Chai!!!
Happy New Month boss.
E Ku Visitation. E Ku Market Sir.

Good day madam.

I am LOYAL to your government oo