₦airaland Forum

currentprice:
hmmm,,,if oga wanaj0 can agree on the bold, with time price will do well

You know one of the OandO bobo's join then years ago

Also they are into trading like OandO They need to GROW their lubricant business

Trading companies are RED flags

currentprice:
conoil eps 1.96 , O/S 695m and curretprice is N28

eterna eps 1.55, O/S 1.3b and currentprice is N4

this eterna is too much undervalue... mkt need to reprice it as soon as possible

Facts behind the figures

EFCC matter on subsidy is one overhang on the stock

Secondly, is the liquidity of the stock so not that attractive to serious portfolio investors.

They seem to have improved on their corporate governance

Many people are paying tuition fee now. Only that NSE seems to have increased tuition fee!

All those having HOPE as a strategy, I salute you ooo.

All the prayer warriors, having their stocks as prayer point, God will answer your prayers!

NoMoney:
I see the share price getting to N3 or (N12 post construction) before the rights issue.

C&I Leasing is a company valued at N2.5 billion at the moment on track to make N1b full year PAT. How low can it really go? It has the fundamentals to more than support the current share price. The management seems to be preparing the company for the second stage of its growth trajectory given its asset base and deal pipeline.

You have so much confidence in the result.

What is the track record of this company to deliver on what they promise? This is like another OandO in the making!

OakPearl:
That may be too harsh on the firm though.
I didnt lift a finger wen the tip was given.
But short termers made their profit which is good for them.
However, there is much more to picking long term performers.

Harsh Ok oooooo. Same was said about OandO!

Irrespective of how good 'numbers' appear, always be wary of companies that you cannot 'trust' their board or management. I mean what confidence do you put on the numbers to start with.

And FYI, I hold C&I leasing because that's the only thing that will make me 'study' the company.

Anyway, people are paying tuition fee!

You dont grow wealth by investing in companies like C&I Leasing!

Coolcash1:
I laugh when you say Generational wealth creation... Not in Nigeria where profitable company today SUDDENLY turns to a struggling one over night and at the end cease to exist with people's money (long term investors.. ) going down the drain...

The best approach considering the high country risk and terrible self aggrandizement of most Nigerian CEOs who feast on innocent shareholders fund, you limit your long term to between six months to one year subject to evaluation on periodic basis. This is the best way to protect one's investment. For instance, look at the share reconstruction plan of CI leasing and now imagine someone who had invested substantial part of his money in the company with the intent of growing his "wealth"and wakes up to hear about this news... That his investment is going to be slashed. Trust me, Yaba left (psychiatric hospital) will be his new home...

For me, i am a trader and medium term player...This way i can at least have rest of mind and save myself from those cowboy CEOs...

samzepaparazi:
Stocks to watch before the week runs out.

CI leasing
Diamond
Fcmb
Transcorp.

Alot of room for arbitration.

Please can someone give a hint on why ci leasing is crashing badly

What made it rise before? Purely 'Pumping and Dumping'

People are paying tuition fees

Plenty emotional traders and investors here.

Not sure the noise about C&I Leasing. Doubt new 'numbers' that came out to warrant change of opinion.

The share reconstruction is not really new. It was always on the table.

Now, many companies will 'pump up' their prices because of plan public offers. People need to shine their eyes.

Money is made when you sell, so when buying consider what will happen when you plan to sell. Someone just gave example of Nigeria German Chemicals!

People need to be careful and not get carried away with penny stocks which are looking good but have very POOR corporate governance, Companies that dont release results as at when due.

Cadillac15:
That guy might be right. Let me tell you a little about myself.

I joined NSE in 2007 through Rolex securities (folded now).

Was heavily loaded on Bagco and PHB as at the day they were delisted. Only God saved me from Japaul as my bank refused to remit my money during their IPO in 2007.

Its not about buying a stock. Anybody can do that if you know what to do.
Its about selling the same stock when the chips are down

A likely scenario in this waking up of Caverton is that newbies will jump in, then the experienced hand will sell to them only for the newbies to find out the have nobody to sell to Then caverton will not declare dividend hence no motivation to continue holding the shares Then they will get tired and sell at a loss to the experts again

You've paid your tuition fee

currentprice:
CCNN is a good stock selling @ good discount based on Q3 but at today price N9.70 while Dangote which is more selling at super discount selling at today price of N9.40 with moderate liquidity. which one do u expect investor to jump in.

for cileasing apart from selling at super discount. it very likely this company is in position to pay her best dividend so far by year end. their FREE CASH is high as at Q3. yes, am aware they plan to raise fund in future

They have FREE CASH yet they plan to raise funds!

They plan to raise fund YET they want to pay dividend.

Nigeria will hail thee

Just make sure you exit before the Fund Raising. After the fund raising, expect it to go straight back to the parking lot.

BTW, Consolidated Hallmark is also doing a right offer

ihedioramma:
So how long are you in this business ?

Me? I be JJC ooo. Just trying to join you BIG BOYS! A learner.

emmanuelewumi:
We should learn to do our due diligence, while doing the DD we should avoid "analysis paralysis".

Analysis paralysis, will prevent us from taking action because of what we know, think we know, or think we should know.

Wisdom in the stock market is the ability to strike a balance between doing due diligence, speculation, investing and stock analysis paralysis.

Important things is to make decisions with eyes wide open. Nothing wrong in even making a 'wrong' decision

On the LONG run, everyone will make money even from dead stocks

ihedioramma:
Oga wanaj0, what was your old name please ? .

Yet to do a name change

nio68:
Thanks for this.. significantly changed my viewpoint... would likely consider this for my long term portfolio

Segun Adeniyi is just making a sales pitch with little substance. No name of the OEM etc.

Nothing against Caverton. I however hope that people understand the business model and the competition.

Caverton indeed has taken a number of contracts from Bristow. Of course, we know how contracts are done in Nigeria especially when it involves NNPC/NAPIMS.

Caverton does have competitors including local competitors. Aero basically own the NNPC contract. There is a new one NESTAV a subsidiary of Nestoil which will compete fiercely with Caverton.

So if you are buying Caverton, in addition to numbers, use Porter's Five Forces to analyse the industry.

nio68:
Diamond's impairment charge for 2016 audited was 59 billion, impairment charge Q3 2017 35 billion .. isn't it clear their risk management is very poor...the divestment income would be used to plug these holes, may even end up been lost again...

a leaking bucket would not be filled by continuously pouring water into it , the leakage needs to be repaired ...

If you buy a bank, the first thing you look at is their management of risk!

Wetin I know

onegentleguy:
GOOD DAY SIR WANAJO,
BOSS WE ARE NOT QUARRELING NOW.
PLS KINDLY NOTE THAT I AM FAR FROM BEEN THE KIND THAT WOULD EVER WANT TO COAX ANYONE INTO BUYING ANY STOCK.
MY STOCK PICKS/RECOMMENDATIONS ARE SOLELY SUGGESTIVE BECAUSE I UNDERSTAND THAT INVESTMENT IN STOCKS HAS A MEASURE OF RISK ATTACHED TO IT HENCE THE REASON I ALWAYS ADVISE PROPER AND DUE DILIGENCE. (...Pls see my signature below).

ON A LIGHTER NOTE, HOW DO U DO SIR? -KNEW U FROM SMN. MUCH RESPECT.

Good day. My post was NOT in anyway directed at you. Apologies if it came out as a response or attack on your post.

Nothing wrong with your stock recommendations.

When the bulls are around, everyone is an 'expert'.

I only hope people will adjust their investment strategy to suit their risk appetite! The capital market is not for everybody if you don't want to have heart attack.

For those buying illiquid stocks, note that 'money' is made when you 'sell' or when dividends are paid. You may end up with 'paper' profit when you try to SELL and your broker keep telling you no buyer.

For those eyeing stocks planning public offer/rights issue, thread carefully! Don't be shocked if they are 'pumping' the price up because of the planned offer.

For those crunching numbers, it is a good thing. Note however that there are FACTS BEHIND THE FIGURES. After crunching the numbers, check the FACTS BEHIND THE FIGURES and do a reasonableness test. Remember when Nigeria was supposedly consuming huge litres of petrol during the subsidy era. All the figures indicates huge consumption. But a quick check of the number of vehicles (plus generators) multiply by the average daily consumption shows that the figures cannot be RIGHT.

And before you buy any stock, check the management team and the board of directors. If they are dominated by LAWYERS, you better flee! If they are filled with people of questionable characters, RUN.

As you are buying, make sure you have an exit strategy also.

Happy investing!

jarkbauer:
cashcraft is horrible. sold shares yet to credit me for more than a week.

People still dey use Witchcraft Cashcraft??

locodemy:
Dont talk like that.
you may be on a good side at last.
Dont panic much.
At least releasing result within time frame in this critical/tough time(for oando) is a sign of good corporate governance.

OandO and 'good corporate governance' should never be in the same sentence

fxuser:
FYI:
CI Leasing MD on CNBC

#marine

samguru:
Bros the company just released their 3rd quarter result and the result was positive.

KM 4 still remin my bus stop for this stock especially now that the company is try to push the share price up for better pricing in the propsed right issue.

NSE we hail thee.

Coolcash1:
With this disposal there is possibility of paying dividend from the disposal gain to shareholders...

That is the likely scenario. On the long run will Dangote Flour be able to withstand the competition without government protection? Not likely.

Godisfaithful:
I just hope this result is not cooked. Anyway, let's enjoy while its last. Nigeria companies with voodoo financial reporting


Posting companies result on weekend dey get "K-Leg" sometimes lol (Joking)

The result is NOT cooked BUT it is helped by the N3.75Bn gain from sale of the Noddles segment.

The Flour Business is a very competitive business with Flour Mills as the market leader (I think). You can ride the wave but for the Long term, I will be careful. Dangote has not shown that he can excel in a competitive environment.

igboboy3:
Still regret some emotional decisions I've made with stocktrading.

Jumping two feet first into Julius Berger, just because I believed Fashola and Buhari had promised massive road infrastructure. After two years and over 30% loss, I only recently got out.
A simple glance at their financials would have told me that the company is deeply in debt. 2017 Q1 and Q2 was a total mess.


You can always have a glance at basic TA parameters - (ROE, ROI etc)

In summary HOPE is NOT a STRATEGY

BullBearMkt:
...that is one way of thinking. What about more jobs for oil & gas workers, more money in-out of banks as oil servicing companies will engage in more projects, oil producing countries (OPEC & NON OPEC) economy booming which can result into rally for their stock markets, Naira appreciation, ati be be lo (& more money to steal by politicians )

Ok oooo.

ukay2:
BRENT CRUDE OIL PRICE...$60.4/bl.......better days ahead

Why? Money spent on subsidy will increase astronomically. Illegal bunkering activities will increase. Cost of goods will go up. Labour unrest will follow.

zendi:
Aaah, wanajO...................
The. regular presence of wanajO will boost spirits in Nsempa.
WanajO is a high chief among them with the stories behind the stories, the infos behind the infos on all stocks and across all sectors on the NSE.
He does not jijo, but every now and then he throws out a killer jijo-tip alert for the boys.
There is no topic or riddle of the NSE that both WanajO and EmmaEwumi cannot resolve.
I salute the chieftains.

Me ke? Mistake of identity.

I be learner oooo. I still dey diapers self.

I throway salute to all the gbogbo BIG BOYS AND BABES

Toluway:
It is during the current bear that gtb travelled to 42 naira, afriprud got to 3.71, Zenith got to 26 naira, dangote flour crossed 14 naira, and etc.
Yet the gurus are saying we shouldn't buy now. Then, when are we going to buy?

The only regret that I have ever had over stock buying is when I bought a bad one. Stock market is not for quick money making.

The only time you shouldn't buy stock is during national/global disaster or massive national economic collapse.
I'm a practising stock trader; so, I buy stocks. Let the stocks enter November bear, because it will also get out of it.
Cheers

The opposite is ACTUALLY the TRUTH

currentprice:
what the elders sees even if young guys like me stand on tallest building might not see it

i follow your post on oando since 2012 all your revaluation comes reality on oando.

pls can you connect me i wan buy ocean and oil too

Abeg, we were told to stop bad mouthing OandO.

samguru:
OH Lazy and big for nothing FBN when will thou catch up with thy brother GTB in EPS.

Never say never BUT this go be by the end of the world

People get rewarded for 'destroying' FBNH. From Sanusi, to Onasanya to Adelabu

Intendy:
Notification of Suspension of Trading in the Shares of Oando Plc Dealing Members are hereby notified that the Securities and Exchange Commission has directed The Nigerian Stock Exchange to suspend trading in the shares of Oando Plc as follows: 1. Effective for forty-eight (48) hours from today, 18 October 2017 to 20 October 2017, The Exchange should implement a full suspension in the trading of the shares of Oando Plc; and 2. Effective from 20 October 2017 and until further directive, The Exchange should implement a technical suspension in the shares of Oando Plc. A full suspension is the halt of trading activities in a listed security for a period. A technical suspension is the interruption of price movement in a listed security for a period so that any dealings in the securities which occur during the period of the suspension will not result in any change in price, which change may have occurred had the suspension not been implemented. In the 48 hour period commencing today, there will be no trading in the shares of Oando Plc. Thereafter, effective 20 October 2017, investors will be able to trade in Oando Plc shares but such trading will not result in any movement in the price of the shares. The above is for your information and records update please.

The beginning of the END!